American Bank & Trust Company Mortgage Rates, Fees & Info

Opelousas, LA

LEI: 549300E8WNDXIPI7FA49

Tax ID: 72-0510483

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    American Bank & Trust Company is a smaller bank specializing in various types of mortgages.



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    Originations

    0

    Origination Dollar Volume (All Markets)

    $0

    Employee count

    51

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    American Mortgage Service Company FHA mortgage Closing on a mortgage 2 66.7%
    American Mortgage Service Company Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 33.3%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    American Bank & Trust Company 106 Foster Drive Lawtell, LA 70550 Full Service B&M $9,441
    American Bank & Trust Company 1306 Camellia Boulevard Lafayette, LA 70508 Full Service B&M $15,286
    American Bank & Trust Company 2931 Moss Street Lafayette, LA 70501 Full Service B&M $11,351
    American Bank & Trust Company 307 East Landry Street Opelousas, LA 70570 Full Service B&M $114,707
    American Bank & Trust Company 321 East Landry Street Opelousas, LA 70570 Limited, Administrative $0
    American Bank & Trust Company 807 Creswell Lane Opelousas, LA 70570 Full Service B&M $9,902
    American Bank & Trust Company Eighth And Florida Streets Krotz Springs, LA 70750 Full Service B&M $24,562
    American Bank & Trust Company Saizon Street Port Barre, LA 70577 Full Service B&M $16,226

    For 2021, American Bank & Trust Company had 8 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $7,300
    Net interest income $6,787
    Total noninterest income $964
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $234
    Trading account gains and fees $0
    Additional Noninterest Income $730
    Pre-tax net operating income $2,114
    Securities gains (or losses, -) $0
    Income before extraordinary items $2,114
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $2,114
    Minority interest net income $0
    Net income $2,114
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $2,114

    American Bank & Trust Company's gross interest income from loans was $7,300,000.
    American Bank & Trust Company's net interest income from loans was $6,787,000.
    American Bank & Trust Company's fee based income from loans was $234,000.
    American Bank & Trust Company's net income from loans was $2,114,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $513
    Provision for credit losses $0
    Total noninterest expense $5,637
    Salaries and employee benefits $3,380
    Premises and equipment expense $687
    Additional noninterest expense $1,570
    Applicable income taxes $0
    Net charge-offs $49
    Cash dividends $1,219

    American Bank & Trust Company's interest expense for loans was $513,000.
    American Bank & Trust Company's payroll and benefits expense were $3,380,000.
    American Bank & Trust Company's property, plant and equipment expenses $687,000.

    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 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 1.0%
    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 $223,844
    Deposits held in domestic offices $223,844
    Deposits by Individuals, partnerships, and corporations $169,060
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $54,634
    Deposits by Commercial banks and other depository institutions in U.S. $150
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $145,673
    Demand deposits $81,426
    Nontransaction accounts $78,171
    Money market deposit accounts (MMDAs) $16,277
    Other savings deposits (excluding MMDAs) $38,962
    Total time deposits $22,932
    Total time and savings deposits $142,418
    Noninterest-bearing deposits $81,426
    Interest-bearing deposits $142,418
    Retail deposits $218,365
    IRAs and Keogh plan accounts $2,235
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $252,182
    Cash & Balances due from depository institutions $48,237
    Interest-bearing balances $43,877
    Total securities $61,275
    Federal funds sold & reverse repurchase $0
    Net loans and leases $135,917
    Loan and leases loss allowance $1,484
    Trading account assets $0
    Bank premises and fixed assets $1,956
    Other real estate owned $52
    Goodwill and other intangibles $0
    All other assets $4,745

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $252,182
    Total Liabilities $228,041
    Total deposits $223,844
    Interest-bearing deposits $142,418
    Deposits held in domestic offices $223,844
    % insured (estimated) $64
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $2,318
    Subordinated debt $0
    All other liabilities $1,879

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $135,917
    Loan and leases loss allowance $1,484
    Total loans and leases (domestic) $137,401
    All real estate loans $114,878
    Real estate loans in domestic offices $114,878
    Construction and development loans $14,056
    Residential 1-4 family construction $2,273
    Other construction, all land development and other land $11,783
    Loans secured by nonfarm nonresidential properties $35,722
    Nonfarm nonresidential secured by owner-occupied properties $17,040
    Commercial real estate & other non-farm, non-residential $18,682
    Multifamily residential real estate $812
    1-4 family residential loans $63,849
    Farmland loans $439
    Loans held in foreign offices $0
    Farm loans $28
    Commercial and industrial loans $16,980
    To non-U.S. addressees $0
    Loans to individuals $5,515
    Credit card loans $2,288
    Related Plans $0
    Consumer Auto Loans $342
    Other loans to individuals $2,885
    All other loans & leases $0
    Loans to foreign governments and official institutions $0
    Other loans $0
    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

    American Bank & Trust Company had $135,917,000 of loans outstanding in 2021. $114,878,000 of loans were in real estate loans. $14,056,000 of loans were in development loans. $812,000 of loans were in multifamily mortgage loans. $63,849,000 of loans were in 1-4 family mortgage loans. $28,000 of loans were in farm loans. $2,288,000 of loans were in credit card loans. $342,000 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 90 $17,873 $198,589
    Nonfarm, nonresidential loans - <$100k 28 $1,412 $50,429
    Nonfarm, nonresidential loans - $100-250k 25 $3,329 $133,160
    Nonfarm, nonresidential loans - $250k-1MM 37 $13,132 $354,919
    Commercial & Industrial, US addressed loans - <$1MM 247 $13,231 $53,567
    Commercial & Industrial, US addressed loans - <$100k 178 $4,153 $23,331
    Commercial & Industrial, US addressed loans - $100-250k 59 $6,058 $102,678
    Commercial & Industrial, US addressed loans - $250k-1MM 10 $3,020 $302,000
    Farmland loans - <$1MM 2 $439 $219,500
    Farmland loans - $100-250k 1 $118 $118,000
    Farmland loans - $250k-1MM 1 $321 $321,000
    Agriculture operations loans - <$1MM 1 $28 $28,000
    Agriculture operations loans - $250k-1MM 1 $28 $28,000