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

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