Fidelity Bank Mortgage Rates, Fees & Info

New Orleans, LA

LEI: 549300LE3ZOZXUS7W648

Tax ID: 72-0184470

4.3 stars - out of 5 stars, based on 65 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Bank Data

    Review & Overview

    Fidelity Bank is a small bank specializing in Home Purchase and Refi loans. Fidelity Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: New Orleans, Baton Rouge, Shreveport, Lake Charles, and Lafayette among others. We have data for 109 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Fidelity Bank 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. Fidelity Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.75% 1/29/23
    30 Year Conventional Refi 6.53% 1/29/23
    30 Year Cash-out Refi 6.74% 1/29/23
    30 Year FHA Purchase 7.57% 1/29/23
    30 Year FHA Refi 7.34% 1/29/23
    30 Year VA Purchase 6.32% 1/29/23
    30 Year VA Refi 6.10% 1/29/23
    30 Year USDA Purchase 6.85% 1/29/23
    30 Year USDA Refi 6.74% 1/29/23
    15 Year Conventional Purchase 6.13% 1/29/23
    15 Year Conventional Refi 6.21% 1/29/23
    15 Year Cash-out Refi 6.21% 1/29/23
    15 Year FHA Refi 5.68% 1/29/23
    15 Year VA Refi 5.68% 1/29/23
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.


    Originations

    4,233

    Origination Dollar Volume (All Markets)

    $1,038,835,000

    Employee count

    380 Show all (8) awards

    Relative Rate

    Fidelity Bank's average 30 year fixed mortgage rate was 3.18%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of 0.03%.

    Relative Fees (Closing Costs)

    Fidelity Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $5,373.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    Top 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
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1,849 $515,785,000 $278,953 $5,313 3.19%
    BATON ROUGE, LA (FHA|USDA|VA) 372 $88,120,000 $236,882 $5,095 3.14%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 345 $73,985,000 $214,449 $5,341 3.11%
    LAKE CHARLES, LA (FHA|USDA|VA) 290 $60,080,000 $207,172 $5,134 3.11%
    LAFAYETTE, LA (FHA|USDA|VA) 227 $45,995,000 $202,621 $5,037 3.10%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 147 $33,085,000 $225,068 $5,978 3.24%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 109 $29,235,000 $268,211 $5,941 2.99%
    JACKSON, MS (FHA|USDA|VA) 111 $24,875,000 $224,099 $4,616 3.05%
    McComb, MS (FHA|USDA|VA) 120 $19,540,000 $162,833 $4,241 3.13%
    Outside of Metro Areas 79 $14,695,000 $186,013 $4,913 3.15%
    HAMMOND, LA (FHA|USDA|VA) 65 $12,285,000 $189,000 $4,839 3.08%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 30 $9,400,000 $313,333 $4,413 3.09%
    HATTIESBURG, MS (FHA|USDA|VA) 45 $9,335,000 $207,444 $4,138 3.04%
    Natchez, MS-LA (FHA|USDA|VA) 52 $9,020,000 $173,462 $4,287 3.01%
    Vicksburg, MS (FHA|USDA|VA) 37 $8,105,000 $219,054 $5,345 2.98%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 26 $7,870,000 $302,692 $6,932 3.11%
    Jennings, LA (FHA|USDA|VA) 24 $4,890,000 $203,750 $5,534 3.13%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 18 $4,810,000 $267,222 $4,634 2.85%
    Brookhaven, MS (FHA|USDA|VA) 21 $3,925,000 $186,905 $4,241 3.14%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 10 $3,320,000 $332,000 $4,750 3.53%
    DeRidder, LA (FHA|USDA|VA) 12 $3,050,000 $254,167 $6,506 3.00%
    Opelousas, LA (FHA|USDA|VA) 18 $2,960,000 $164,444 $5,141 3.01%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 6 $2,540,000 $423,333 $5,399 3.13%
    Minden, LA (FHA|USDA|VA) 13 $2,325,000 $178,846 $5,405 2.97%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 7 $2,225,000 $317,857 $8,619 3.16%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) 12 $2,170,000 $180,833 $5,236 3.04%
    Picayune, MS (FHA|USDA|VA) 10 $2,100,000 $210,000 $4,370 3.10%
    Cleveland, MS (FHA|USDA|VA) 9 $1,795,000 $199,444 $4,228 2.97%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 9 $1,675,000 $186,111 $3,682 3.13%
    Athens, TX (FHA|USDA|VA) 7 $1,645,000 $235,000 $5,175 3.11%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 7 $1,565,000 $223,571 $5,549 3.00%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 6 $1,540,000 $256,667 $4,223 3.10%
    JACKSONVILLE, FL (FHA|USDA|VA) 5 $1,525,000 $305,000 $5,499 2.88%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 4 $1,460,000 $365,000 $4,671 3.16%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 5 $1,445,000 $289,000 $6,442 2.65%
    MOBILE, AL (FHA|USDA|VA) 6 $1,320,000 $220,000 $5,901 3.02%
    Bogalusa, LA (FHA|USDA|VA) 6 $1,180,000 $196,667 $4,163 3.77%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 3 $1,095,000 $365,000 $4,397 2.88%
    PANAMA CITY, FL (FHA|USDA|VA) 5 $1,045,000 $209,000 $6,728 3.03%
    Starkville, MS (FHA|USDA|VA) 4 $970,000 $242,500 $6,091 2.75%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $945,000 $315,000 $6,066 2.75%
    Sevierville, TN (FHA|USDA|VA) 3 $925,000 $308,333 $5,062 3.71%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 3 $875,000 $291,667 $4,203 3.00%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $840,000 $420,000 $5,250 3.19%
    Oxford, MS (FHA|USDA|VA) 3 $805,000 $268,333 $3,333 3.08%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 3 $745,000 $248,333 $5,322 2.88%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $745,000 $745,000 $6,182 3.38%
    Kalispell, MT (FHA|USDA|VA) 2 $730,000 $365,000 $8,087 3.50%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $680,000 $340,000 $2,714 3.56%
    MONTGOMERY, AL (FHA|USDA|VA) 3 $665,000 $221,667 $4,208 2.88%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $655,000 $218,333 $8,212 3.42%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $615,000 $615,000 $7,163 2.75%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $605,000 $605,000 $4,154 3.63%
    ASHEVILLE, NC (FHA|USDA|VA) 2 $560,000 $280,000 $15,833 3.56%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $535,000 $535,000 $4,508 2.63%
    ALEXANDRIA, LA (FHA|USDA|VA) 3 $535,000 $178,333 $3,615 3.46%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $505,000 $505,000 $4,599 2.38%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $440,000 $220,000 $8,319 3.25%
    Morgan City, LA (FHA|USDA|VA) 3 $415,000 $138,333 $4,761 3.00%
    Forest City, NC (FHA|USDA|VA) 1 $385,000 $385,000 $6,268 3.00%
    MIDLAND, TX (FHA|USDA|VA) 2 $380,000 $190,000 $3,575 2.81%
    Greenwood, MS (FHA|USDA|VA) 2 $360,000 $180,000 $3,828 2.69%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 2 $360,000 $180,000 $0 3.00%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $345,000 $345,000 $4,921 2.75%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $345,000 $345,000 $3,891 3.00%
    KNOXVILLE, TN (FHA|USDA|VA) 2 $340,000 $170,000 $2,782 3.38%
    RENO, NV (FHA|USDA|VA) 1 $335,000 $335,000 $4,083 3.38%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $325,000 $325,000 $3,332 3.25%
    LUBBOCK, TX (FHA|USDA|VA) 1 $325,000 $325,000 $5,659 2.88%
    RALEIGH-CARY, NC (FHA|USDA|VA) 1 $325,000 $325,000 $3,157 2.38%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $315,000 $315,000 $4,837 2.75%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $315,000 $315,000 $3,562 2.75%
    Alexander City, AL (FHA|USDA|VA) 1 $315,000 $315,000 $2,986 2.88%
    FORT SMITH, AR-OK (FHA|USDA|VA) 1 $305,000 $305,000 $3,448 3.50%
    LYNCHBURG, VA (FHA|USDA|VA) 1 $285,000 $285,000 $3,516 3.25%
    Indianola, MS (FHA|USDA|VA) 2 $280,000 $140,000 $4,189 2.75%
    Lufkin, TX (FHA|USDA|VA) 1 $275,000 $275,000 $12,625 2.88%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $275,000 $275,000 $2,931 3.50%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $275,000 $91,667 $0 4.04%
    BRUNSWICK, GA (FHA|USDA|VA) 1 $265,000 $265,000 $8,579 3.25%
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $255,000 $255,000 $3,005 2.88%
    Meridian, MS (FHA|USDA|VA) 1 $255,000 $255,000 $8,352 3.25%
    BILLINGS, MT (FHA|USDA|VA) 1 $255,000 $255,000 $5,083 3.75%
    Fort Polk South, LA (FHA|USDA|VA) 1 $255,000 $255,000 $11,072 2.75%
    MONROE, LA (FHA|USDA|VA) 2 $250,000 $125,000 $4,383 3.12%
    Greenville, MS (FHA|USDA|VA) 2 $250,000 $125,000 $3,299 3.31%
    VALLEJO, CA (FHA|USDA|VA) 1 $245,000 $245,000 $0 3.25%
    FAYETTEVILLE, NC (FHA|USDA|VA) 1 $235,000 $235,000 $7,006 2.75%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $225,000 $225,000 $2,106 3.00%
    OCALA, FL (FHA|USDA|VA) 1 $225,000 $225,000 $4,223 3.25%
    West Point, MS (FHA|USDA|VA) 1 $225,000 $225,000 $3,157 2.88%
    LONGVIEW, TX (FHA|USDA|VA) 2 $210,000 $105,000 $4,210 3.94%
    WARNER ROBINS, GA (FHA|USDA|VA) 1 $205,000 $205,000 $450 2.75%
    Ruston, LA (FHA|USDA|VA) 1 $205,000 $205,000 $4,005 2.63%
    Tifton, GA (FHA|USDA|VA) 1 $185,000 $185,000 $3,838 2.75%
    WORCESTER, MA-CT (FHA|USDA|VA) 1 $185,000 $185,000 $5,503 2.88%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $175,000 $175,000 $2,587 2.63%
    Magnolia, AR (FHA|USDA|VA) 1 $165,000 $165,000 $2,871 2.88%
    Natchitoches, LA (FHA|USDA|VA) 1 $155,000 $155,000 $1,008 2.88%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $145,000 $145,000 $5,754 3.13%
    WILMINGTON, NC (FHA|USDA|VA) 1 $145,000 $145,000 $2,770 3.13%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $135,000 $135,000 $5,898 3.13%
    Mountain Home, ID (FHA|USDA|VA) 1 $125,000 $125,000 $0 2.75%
    Tupelo, MS (FHA|USDA|VA) 1 $125,000 $125,000 $3,243 3.00%
    GOLDSBORO, NC (FHA|USDA|VA) 1 $125,000 $125,000 $0 2.63%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 1 $115,000 $115,000 $3,375 3.38%
    Enterprise, AL (FHA|USDA|VA) 1 $85,000 $85,000 $4,504 2.75%
    Selma, AL (FHA|USDA|VA) 1 $75,000 $75,000 $3,446 3.50%
    Miami, OK (FHA|USDA|VA) 1 $65,000 $65,000 $3,469 3.25%
    Fidelity Bank's top markets include New Orleans, Baton Rouge, Shreveport, Lake Charles, and Lafayette among others.

    Their top states include:
  • Louisiana (FHA|USDA|VA)
  • Mississippi (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,071 $784,195,000 $255,355 $4,489 3.18%
    FHA 611 $127,465,000 $208,617 $7,854 3.19%
    VA 309 $86,025,000 $278,398 $6,363 2.83%
    USDA 242 $41,150,000 $170,041 $5,437 2.96%

    For 2021, Fidelity Bank's most frequently originated type of loan was Conventional, with 3,071 originations. Their 2nd most popular type was FHA, with 611 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,758 $689,490,000 $249,996 $5,633 3.19%
    Refi 889 $210,595,000 $236,890 $4,036 2.97%
    Cash Out Refi 497 $121,445,000 $244,356 $4,949 3.18%
    Other 49 $9,685,000 $197,653 $4,620 3.38%
    Home Improvement 40 $7,620,000 $190,500 $4,596 3.40%

    For 2021, Fidelity Bank's most frequently cited loan purpose was Home Purchase, with 2,758 originations. The 2nd most popular reason was Refi, with 889 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,729 $931,925,000 $249,913 $5,373 3.18%
    15 Year 315 $66,175,000 $210,079 $4,017 2.73%
    20 Year 107 $25,175,000 $235,280 $4,091 3.09%
    Other 50 $10,080,000 $201,600 $3,628 3.05%
    10 Year 28 $4,240,000 $151,429 $3,503 3.06%
    5 Year 3 $1,065,000 $355,000 $163 6.07%
    1 Year 1 $175,000 $175,000 $2,053 7.75%

    For 2021, Fidelity Bank's most frequently cited loan duration was 30 Year, with 3,729 originations. The 2nd most popular length was 15 Year, with 315 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 2,799 $642,355,000 $229,494
    $2k-3k 482 $133,620,000 $277,220
    $<1k 258 $68,960,000 $267,287
    $3k-4k 224 $67,980,000 $303,482
    $4k-5k 111 $33,195,000 $299,054
    $5k+ 101 $47,745,000 $472,723

    Fidelity Bank's average total fees were $5,373, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,799 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,957 $484,195,000 $247,417
    2.5-3% 1,868 $457,280,000 $244,797
    <2.5% 220 $52,840,000 $240,182
    4-5% 152 $38,410,000 $252,697
    5-6% 29 $5,485,000 $189,138
    7-8% 6 $340,000 $56,667
    6-7% 1 $285,000 $285,000

    During 2021, Fidelity Bank's average interest rate for loans was 3.18%, while their most frequently originated rate bucket for loans was 3-4%, with 1,957 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,967 $536,995,000 $273,002 $5,508 3.13%
    $100k-200k 1,557 $238,865,000 $153,414 $4,531 3.13%
    $400k-600k 365 $175,395,000 $480,534 $6,349 3.09%
    $100,000 or less 263 $20,505,000 $77,966 $3,545 3.33%
    $600k-1MM 69 $51,115,000 $740,797 $7,744 3.36%
    $1MM+ 12 $15,960,000 $1,330,000 $17,808 3.68%

    2021 saw Fidelity Bank place emphasis on $200k-400k loans with 1,967 originations, totaling $536,995,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,079 $216,385,000 $200,542 $5,230 3.15%
    $100k-150k 819 $226,445,000 $276,490 $5,291 3.14%
    $50k or less 770 $115,850,000 $150,455 $4,885 3.11%
    $75k-100k 711 $170,735,000 $240,134 $5,148 3.13%
    $150k-250k 499 $165,205,000 $331,072 $5,320 3.19%
    $250k+ 265 $122,215,000 $461,189 $6,213 3.25%

    Fidelity Bank lent most frequently to those with incomes in the $50k-75k range, with 1,079 originations. The second most popular income band? $100k-150k, with 819 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 850 $212,120,000 $249,553 $4,718 3.10%
    30-36% 728 $182,370,000 $250,508 $4,903 3.12%
    <20% 329 $78,875,000 $239,742 $4,308 3.01%
    50-60% 251 $58,605,000 $233,486 $7,629 3.10%
    44% 202 $48,600,000 $240,594 $5,577 3.28%
    39% 164 $39,610,000 $241,524 $5,384 3.19%
    40% 162 $39,320,000 $242,716 $5,306 3.23%
    42% 160 $41,770,000 $261,063 $5,246 3.22%
    43% 158 $40,100,000 $253,797 $5,338 3.29%
    36% 157 $35,755,000 $227,739 $5,207 3.20%
    37% 157 $38,705,000 $246,529 $5,120 3.16%
    38% 150 $37,640,000 $250,933 $5,102 3.11%
    41% 149 $35,895,000 $240,906 $5,239 3.17%
    45% 139 $33,775,000 $242,986 $5,394 3.25%
    46% 117 $27,865,000 $238,162 $5,694 3.15%
    49% 105 $26,155,000 $249,095 $5,723 3.19%
    48% 104 $25,540,000 $245,577 $5,808 3.13%
    47% 98 $23,780,000 $242,653 $5,588 3.14%
    >60% 3 $315,000 $105,000 $2,476 6.17%

    Fidelity Bank lent most frequently to those with DTI ratios of 20-30%, with 850 originations. The next most common DTI ratio? 30-36%, with 728 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,897 $719,395,000 $248,324 $4,963 3.12%
    Not provided 749 $194,535,000 $259,726 $5,643 3.16%
    Black 509 $103,055,000 $202,466 $5,938 3.24%
    Asian 57 $15,865,000 $278,333 $5,014 3.21%
    American Indian 8 $1,810,000 $226,250 $4,056 3.00%
    Not applicable 6 $1,800,000 $300,000 $0 4.97%
    Native Hawaiian or Islander 5 $1,615,000 $323,000 $6,473 3.47%
    Asian Indian 2 $760,000 $380,000 $5,116 2.38%

    Approval Rates

    Total approvals of all applications
    91.33%

    Fidelity Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    71.20%

    Fidelity Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 4,233 $1,038,835,000 $245,413

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    4,233 $1,038,835,000 $245,413

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 131 $24,925,000 $190,267 $3,833 2.93%
    40-60% 416 $96,070,000 $230,938 $4,187 2.98%
    60-80% 1,217 $310,165,000 $254,860 $4,466 3.18%
    80-100% 2,364 $579,460,000 $245,118 $5,591 3.16%
    Over 100% 87 $26,395,000 $303,391 $10,553 2.95%
    Under 20% 18 $1,820,000 $101,111 $2,684 4.10%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Fidelity National Financial, Inc VA mortgage Closing on a mortgage 1 4.5%
    Fidelity National Financial, Inc Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 9.1%
    Fidelity National Financial, Inc Conventional home mortgage Closing on a mortgage 11 50.0%
    Fidelity National Financial, Inc Conventional home mortgage Struggling to pay mortgage 1 4.5%
    Fidelity National Financial, Inc Conventional home mortgage Trouble during payment process 2 9.1%
    Fidelity National Financial, Inc FHA mortgage Closing on a mortgage 2 9.1%
    Fidelity National Financial, Inc Other type of mortgage Closing on a mortgage 1 4.5%
    Fidelity National Financial, Inc Other type of mortgage Struggling to pay mortgage 2 9.1%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Fidelity Bank 1001 Julia St Ste 112a New Orleans, LA 70113 Full Service B&M $3,323
    Fidelity Bank 5643 Corporate Blvd. Baton Rouge, LA 70808 Full Service B&M $16,372
    Fidelity Bank 9099 Jefferson Hwy River Ridge, LA 70123 Full Service B&M $68,512
    Fidelity Bank 1201 S. Carrollton Avenue New Orleans, LA 70118 Full Service B&M $42,514
    Fidelity Bank 1220 Veterans Blvd Metairie, LA 70005 Limited, Drive-thru $0
    Fidelity Bank 149 Robert E. Lee Boulevard New Orleans, LA 70124 Full Service B&M $43,450
    Fidelity Bank 1811 Metairie Ave Metairie, LA 70005 Full Service B&M $40,178
    Fidelity Bank 1888 Belle Chase Highway Gretna, LA 70056 Full Service B&M $29,821
    Fidelity Bank 1901 Gause Blvd E Slidell, LA 70461 Full Service B&M $43,298
    Fidelity Bank 2201 N Highway 190 Covington, LA 70433 Full Service B&M $36,851
    Fidelity Bank 2550 Florida Street Mandeville, LA 70448 Full Service B&M $34,171
    Fidelity Bank 3270 Williams Boulevard Kenner, LA 70065 Full Service B&M $52,650
    Fidelity Bank 3511 General Degaulle Drive New Orleans, LA 70114 Full Service B&M $24,174
    Fidelity Bank 353 Carondelet St New Orleans, LA 70130 Full Service B&M $108,447
    Fidelity Bank 3829 Veterans Boulevard Metairie, LA 70002 Full Service B&M $198,494
    Fidelity Bank 500 C M Fagen Drive Hammond, LA 70403 Full Service B&M $31,194
    Fidelity Bank 5530 Crowder Boulevard New Orleans, LA 70127 Full Service B&M $34,383

    For 2021, Fidelity Bank had 17 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $43,295
    Net interest income $40,051
    Total noninterest income $38,694
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $1,303
    Trading account gains and fees $0
    Additional Noninterest Income $37,391
    Pre-tax net operating income $7,841
    Securities gains (or losses, -) $0
    Income before extraordinary items $6,250
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $6,250
    Minority interest net income $0
    Net income $6,250
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $6,250

    Fidelity Bank's gross interest income from loans was $43,295,000.
    Fidelity Bank's net interest income from loans was $40,051,000.
    Fidelity Bank's fee based income from loans was $1,303,000.
    Fidelity Bank's net income from loans was $6,250,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,244
    Provision for credit losses $0
    Total noninterest expense $70,904
    Salaries and employee benefits $48,221
    Premises and equipment expense $7,474
    Additional noninterest expense $15,209
    Applicable income taxes $1,591
    Net charge-offs $562
    Cash dividends $0

    Fidelity Bank's interest expense for loans was $3,244,000.
    Fidelity Bank's payroll and benefits expense were $48,221,000.
    Fidelity Bank's property, plant and equipment expenses $7,474,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 5.0%
    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 1.0%
    Personal loans 0.0%
    Credit card loans 0.4%
    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 $846,359
    Deposits held in domestic offices $846,359
    Deposits by Individuals, partnerships, and corporations $843,589
    Deposits by U.S. Government $3
    Deposits by States and political subdivisions in the U.S. $2,265
    Deposits by Commercial banks and other depository institutions in U.S. $502
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $335,925
    Demand deposits $335,925
    Nontransaction accounts $510,434
    Money market deposit accounts (MMDAs) $141,443
    Other savings deposits (excluding MMDAs) $175,410
    Total time deposits $193,581
    Total time and savings deposits $510,434
    Noninterest-bearing deposits $192,797
    Interest-bearing deposits $653,562
    Retail deposits $801,102
    IRAs and Keogh plan accounts $52,165
    Brokered deposits $32,455
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,071,980
    Cash & Balances due from depository institutions $303,406
    Interest-bearing balances $296,452
    Total securities $75,828
    Federal funds sold & reverse repurchase $0
    Net loans and leases $601,497
    Loan and leases loss allowance $8,188
    Trading account assets $0
    Bank premises and fixed assets $46,455
    Other real estate owned $34
    Goodwill and other intangibles $16,068
    All other assets $28,692

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,071,980
    Total Liabilities $902,227
    Total deposits $846,359
    Interest-bearing deposits $653,562
    Deposits held in domestic offices $846,359
    % insured (estimated) $84
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $47,700
    Subordinated debt $0
    All other liabilities $8,168

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $601,497
    Loan and leases loss allowance $8,188
    Total loans and leases (domestic) $609,685
    All real estate loans $525,339
    Real estate loans in domestic offices $525,339
    Construction and development loans $40,794
    Residential 1-4 family construction $0
    Other construction, all land development and other land $40,794
    Loans secured by nonfarm nonresidential properties $152,711
    Nonfarm nonresidential secured by owner-occupied properties $23,641
    Commercial real estate & other non-farm, non-residential $129,070
    Multifamily residential real estate $12,698
    1-4 family residential loans $319,136
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $76,320
    To non-U.S. addressees $0
    Loans to individuals $6,023
    Credit card loans $1,646
    Related Plans $1,850
    Consumer Auto Loans $182
    Other loans to individuals $2,345
    All other loans & leases $2,003
    Loans to foreign governments and official institutions $0
    Other loans $2,003
    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 $1,024
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    FIDELITY BANK had $601,497,000 of loans outstanding in 2021. $525,339,000 of loans were in real estate loans. $40,794,000 of loans were in development loans. $12,698,000 of loans were in multifamily mortgage loans. $319,136,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $1,646,000 of loans were in credit card loans. $182,000 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 173 $41,944 $242,451
    Nonfarm, nonresidential loans - <$100k 20 $658 $32,900
    Nonfarm, nonresidential loans - $100-250k 65 $7,575 $116,538
    Nonfarm, nonresidential loans - $250k-1MM 88 $33,711 $383,080
    Commercial & Industrial, US addressed loans - <$1MM 932 $66,824 $71,700
    Commercial & Industrial, US addressed loans - <$100k 691 $17,956 $25,986
    Commercial & Industrial, US addressed loans - $100-250k 164 $17,928 $109,317
    Commercial & Industrial, US addressed loans - $250k-1MM 77 $30,940 $401,818