American Bank & Trust Company Mortgage Rates, Fees & Info
Opelousas, LA
LEI: 549300E8WNDXIPI7FA49
Tax ID: 72-0510483
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Mortgage Data
Bank Data
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
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.
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 |