First National Bank In Deridder Mortgage Rates, Fees & Info
Deridder, LALEI: 549300DB8DXY0GE82T18
Tax ID: 72-0168925
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Mortgage Data
Bank Data
Review & Overview
First National Bank In Deridder is a smaller bank specializing in Refi and Home Purchase loans. First National Bank In Deridder has a high proportion of conventional loans. Their top markets by origination volume include: Lake Charles, Deridder, Fort Polk South, Nacogdoches, and Memphis among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)First National Bank In Deridder has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
57Origination Dollar Volume (All Markets)
$9,475,000Employee count
76Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| LAKE CHARLES, LA (FHA|USDA|VA) | 30 | $5,100,000 | $170,000 | $0 | 0.00% |
| DeRidder, LA (FHA|USDA|VA) | 17 | $2,105,000 | $123,824 | $0 | 0.00% |
| Fort Polk South, LA (FHA|USDA|VA) | 7 | $885,000 | $126,429 | $0 | 0.00% |
| Nacogdoches, TX (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $555,000 | $555,000 | $0 | 0.00% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 57 | $9,475,000 | $166,228 | $0 | 0.00% |
For 2018, First National Bank In Deridder's most frequently originated type of loan was Conventional, with 57 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 28 | $2,540,000 | $90,714 | $0 | 0.00% |
| Home Purchase | 24 | $6,170,000 | $257,083 | $0 | 0.00% |
| Cash Out Refi | 5 | $765,000 | $153,000 | $0 | 0.00% |
For 2018, First National Bank In Deridder's most frequently cited loan purpose was Refi, with 28 originations. The 2nd most popular reason was Home Purchase, with 24 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 57 | $9,475,000 | $166,228 | $0 | 0.00% |
For 2018, First National Bank In Deridder's most frequently cited loan duration was Other, with 57 originations.
Loan Sizing
2018 saw First National Bank In Deridder place emphasis on $100,000 or less loans with 27 originations, totaling $1,495,000 in origination value.
Applicant Income
First National Bank In Deridder lent most frequently to those with incomes in the $100k-150k range, with 9 originations. The second most popular income band? $250k+, with 8 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 57 | $9,475,000 | $166,228 | $0 | 0.00% |
First National Bank In Deridder lent most frequently to those with DTI ratios of Exempt%, with 57 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.42%
First National Bank In Deridder has an average approval rate.
Pick Rate
Approvals leading to origination75.44%
First National Bank In Deridder has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 57 | $9,475,000 | $166,228 |
Occupancy Type Mix
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST NATIONAL BANK OF OMAHA | Home equity loan or line of credit (HELOC) | Closing on a mortgage | 1 | 50.0% |
| FIRST NATIONAL BANK OF OMAHA | Conventional home mortgage | Struggling to pay mortgage | 1 | 50.0% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| First National Bank in DeRidder | 1005 Mahlon Street Deridder, LA 70634 | Limited, Drive-thru | $0 |
| First National Bank in DeRidder | 105 Smith Street De Ridder, LA 70634 | Full Service B&M | $30,661 |
| First National Bank in DeRidder | 131 North Washington Avenue Deridder, LA 70634 | Full Service B&M | $34,733 |
| First National Bank in DeRidder | 1838 Hwy 171 Lake Charles, LA 70601 | Full Service B&M | $10,796 |
| First National Bank in DeRidder | 203 North Washington Street Deridder, LA 70634 | Limited, Drive-thru | $0 |
| First National Bank in DeRidder | 5245 Nelson Road Lake Charles, LA 70605 | Full Service B&M | $33,958 |
| First National Bank in DeRidder | Highway 171 North De Ridder, LA 70634 | Full Service B&M | $113,337 |
For 2018, First National Bank In Deridder had 7 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $10,428 |
| Net interest income | $9,412 |
| Total noninterest income | $1,859 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $926 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $933 |
| Pre-tax net operating income | $2,770 |
| Securities gains (or losses, -) | $1 |
| Income before extraordinary items | $2,338 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $2,338 |
| Minority interest net income | $0 |
| Net income | $2,338 |
| Sale, conversion, retirement of capital stock, net | $29 |
| Net operating income | $2,337 |
First National Bank In Deridder's gross interest income from loans was $10,428,000.
First National Bank In Deridder's net interest income from loans was $9,412,000.
First National Bank In Deridder's fee based income from loans was $926,000.
First National Bank In Deridder's net income from loans was $2,338,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $1,016 |
| Provision for credit losses | $280 |
| Total noninterest expense | $8,221 |
| Salaries and employee benefits | $4,703 |
| Premises and equipment expense | $1,063 |
| Additional noninterest expense | $2,455 |
| Applicable income taxes | $433 |
| Net charge-offs | $36 |
| Cash dividends | $1,385 |
First National Bank In Deridder's interest expense for loans was $1,016,000.
First National Bank In Deridder's payroll and benefits expense were $4,703,000.
First National Bank In Deridder's property, plant and equipment expenses $1,063,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 0.0% |
| Real Estate loans | 0.0% |
| Construction & Land Development loans | 0.0% |
| Nonfarm, nonresidential loans | 0.0% |
| Multifamily residential loans | 0.0% |
| 1-4 family residential loans | 0.0% |
| HELOC loans | 0.0% |
| All other family | 1.0% |
| Commercial & industrial loans | 1.0% |
| Personal loans | 0.0% |
| Credit card loans | 0.0% |
| Other individual loans | 0.0% |
| Auto loans | 0.0% |
| Other consumer loans | 0.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $224,540 |
| Deposits held in domestic offices | $224,540 |
| Deposits by Individuals, partnerships, and corporations | $188,582 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $35,959 |
| Deposits by Commercial banks and other depository institutions in U.S. | $0 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $112,330 |
| Demand deposits | $61,148 |
| Nontransaction accounts | $112,211 |
| Money market deposit accounts (MMDAs) | $40,015 |
| Other savings deposits (excluding MMDAs) | $30,418 |
| Total time deposits | $41,779 |
| Total time and savings deposits | $163,393 |
| Noninterest-bearing deposits | $62,342 |
| Interest-bearing deposits | $162,198 |
| Retail deposits | $212,774 |
| IRAs and Keogh plan accounts | $4,789 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $252,354 |
| Cash & Balances due from depository institutions | $32,586 |
| Interest-bearing balances | $29,620 |
| Total securities | $53,422 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $155,041 |
| Loan and leases loss allowance | $2,810 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $8,730 |
| Other real estate owned | $50 |
| Goodwill and other intangibles | $0 |
| All other assets | $2,525 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $252,354 |
| Total Liabilities | $227,048 |
| Total deposits | $224,540 |
| Interest-bearing deposits | $162,198 |
| Deposits held in domestic offices | $224,540 |
| % insured (estimated) | $70 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $284 |
| Subordinated debt | $0 |
| All other liabilities | $2,224 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $155,041 |
| Loan and leases loss allowance | $2,810 |
| Total loans and leases (domestic) | $157,851 |
| All real estate loans | $134,524 |
| Real estate loans in domestic offices | $134,524 |
| Construction and development loans | $22,659 |
| Residential 1-4 family construction | $10,659 |
| Other construction, all land development and other land | $12,000 |
| Loans secured by nonfarm nonresidential properties | $22,159 |
| Nonfarm nonresidential secured by owner-occupied properties | $14,013 |
| Commercial real estate & other non-farm, non-residential | $8,146 |
| Multifamily residential real estate | $2,645 |
| 1-4 family residential loans | $85,030 |
| Farmland loans | $2,031 |
| Loans held in foreign offices | $0 |
| Farm loans | $0 |
| Commercial and industrial loans | $14,236 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $8,101 |
| Credit card loans | $26 |
| Related Plans | $1,224 |
| Consumer Auto Loans | $1,429 |
| Other loans to individuals | $5,422 |
| All other loans & leases | $989 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $86 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $0 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $0 |
| Non 1-4 family restructured loans & leases | $0 |
| Total loans and leases (foreign) | $0 |
First National Bank in DeRidder had $155,041,000 of loans outstanding in 2018. $134,524,000 of loans were in real estate loans. $22,659,000 of loans were in development loans. $2,645,000 of loans were in multifamily mortgage loans. $85,030,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $26,000 of loans were in credit card loans. $1,429,000 of loans were in the auto loan category.
Small Business Loans
| Categorization | # of Loans in Category | $ amount of loans (in 000's) | Average $/loan |
|---|---|---|---|
| Nonfarm, nonresidential loans - <$1MM | 109 | $15,462 | $141,853 |
| Nonfarm, nonresidential loans - <$100k | 42 | $1,832 | $43,619 |
| Nonfarm, nonresidential loans - $100-250k | 41 | $5,036 | $122,829 |
| Nonfarm, nonresidential loans - $250k-1MM | 26 | $8,594 | $330,538 |
| Commercial & Industrial, US addressed loans - <$1MM | 179 | $10,250 | $57,263 |
| Commercial & Industrial, US addressed loans - <$100k | 135 | $3,107 | $23,015 |
| Commercial & Industrial, US addressed loans - $100-250k | 23 | $2,191 | $95,261 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 21 | $4,952 | $235,810 |
| Farmland loans - <$1MM | 21 | $2,031 | $96,714 |
| Farmland loans - <$100k | 11 | $360 | $32,727 |
| Farmland loans - $100-250k | 7 | $871 | $124,429 |
| Farmland loans - $250k-1MM | 3 | $800 | $266,667 |