Guaranty Bank And Trust Company Mortgage Rates, Fees & Info

New Roads, LA

LEI: 549300MZ53GGF2499G54

Tax ID: 72-0493576

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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

    Guaranty Bank And Trust Company is a smaller bank specializing in Refi and Home Purchase loans. Guaranty Bank And Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Baton Rouge, Lafayette, and Opelousas among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Guaranty Bank And Trust Company 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.

    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.

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    Originations

    126

    Origination Dollar Volume (All Markets)

    $19,880,000

    Employee count

    58

    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
    BATON ROUGE, LA (FHA|USDA|VA) 122 $19,610,000 $160,738 $0 0.00%
    LAFAYETTE, LA (FHA|USDA|VA) 3 $255,000 $85,000 $0 0.00%
    Opelousas, LA (FHA|USDA|VA) 1 $15,000 $15,000 $0 0.00%
    Guaranty Bank And Trust Company's top markets include Baton Rouge, Lafayette, and Opelousas among others.

    Their top states include:
  • Louisiana (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 126 $19,880,000 $157,778 $0 0.00%

    For 2021, Guaranty Bank And Trust Company's most frequently originated type of loan was Conventional, with 126 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 82 $11,730,000 $143,049 $0 0.00%
    Home Purchase 33 $6,955,000 $210,758 $0 0.00%
    Other 9 $985,000 $109,444 $0 0.00%
    Home Improvement 2 $210,000 $105,000 $0 0.00%

    For 2021, Guaranty Bank And Trust Company's most frequently cited loan purpose was Refi, with 82 originations. The 2nd most popular reason was Home Purchase, with 33 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 126 $19,880,000 $157,778 $0 0.00%

    For 2021, Guaranty Bank And Trust Company's most frequently cited loan duration was Other, with 126 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 67 $3,565,000 $53,209 $0 0.00%
    $100k-200k 36 $5,110,000 $141,944 $0 0.00%
    $200k-400k 16 $4,260,000 $266,250 $0 0.00%
    $600k-1MM 3 $2,315,000 $771,667 $0 0.00%
    $1MM+ 2 $3,670,000 $1,835,000 $0 0.00%
    $400k-600k 2 $960,000 $480,000 $0 0.00%

    2021 saw Guaranty Bank And Trust Company place emphasis on $100,000 or less loans with 67 originations, totaling $3,565,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 28 $1,610,000 $57,500 $0 0.00%
    $75k-100k 19 $2,785,000 $146,579 $0 0.00%
    $100k-150k 15 $2,485,000 $165,667 $0 0.00%
    $50k-75k 13 $1,305,000 $100,385 $0 0.00%
    $150k-250k 11 $1,365,000 $124,091 $0 0.00%
    $250k+ 7 $2,775,000 $396,429 $0 0.00%

    Guaranty Bank And Trust Company lent most frequently to those with incomes in the $50k or less range, with 28 originations. The second most popular income band? $75k-100k, with 19 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 126 $19,880,000 $157,778 $0 0.00%

    Guaranty Bank And Trust Company lent most frequently to those with DTI ratios of Exempt%, with 126 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 72 $9,650,000 $134,028 $0 0.00%
    Not applicable 30 $7,350,000 $245,000 $0 0.00%
    Black 24 $2,880,000 $120,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    93.79%

    Guaranty Bank And Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.16%

    Guaranty Bank And Trust Company has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 126 $19,880,000 $157,778

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    126 $19,880,000 $157,778

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    GUARANTY HOME MORTGAGE CORPORATION FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Guaranty Bank and Trust Company 1086 Lobdell Highway Port Allen, LA 70767 Full Service B&M $32,283
    Guaranty Bank and Trust Company 11070 State Highway 77 Maringouin, LA 70757 Full Service B&M $29,783
    Guaranty Bank and Trust Company 17445 La-77 Grosse Tete, LA 70740 Full Service B&M $15,059
    Guaranty Bank and Trust Company 175 New Roads Street New Roads, LA 70760 Full Service B&M $110,314
    Guaranty Bank and Trust Company 3026 Highway 78 Livonia, LA 70755 Full Service B&M $30,360
    Guaranty Bank and Trust Company 6800 Main Street Zachary, LA 70791 Full Service B&M $16,778

    For 2021, Guaranty Bank And Trust Company had 6 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $11,155
    Net interest income $10,305
    Total noninterest income $525
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $472
    Trading account gains and fees $0
    Additional Noninterest Income $53
    Pre-tax net operating income $4,004
    Securities gains (or losses, -) $0
    Income before extraordinary items $3,173
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $3,173
    Minority interest net income $0
    Net income $3,173
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $3,173

    Guaranty Bank And Trust Company's gross interest income from loans was $11,155,000.
    Guaranty Bank And Trust Company's net interest income from loans was $10,305,000.
    Guaranty Bank And Trust Company's fee based income from loans was $472,000.
    Guaranty Bank And Trust Company's net income from loans was $3,173,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $850
    Provision for credit losses $0
    Total noninterest expense $6,826
    Salaries and employee benefits $4,185
    Premises and equipment expense $804
    Additional noninterest expense $1,837
    Applicable income taxes $831
    Net charge-offs $34
    Cash dividends $1,681

    Guaranty Bank And Trust Company's interest expense for loans was $850,000.
    Guaranty Bank And Trust Company's payroll and benefits expense were $4,185,000.
    Guaranty Bank And Trust Company's property, plant and equipment expenses $804,000.

    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 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    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 $248,971
    Deposits held in domestic offices $248,971
    Deposits by Individuals, partnerships, and corporations $217,140
    Deposits by U.S. Government $3
    Deposits by States and political subdivisions in the U.S. $31,828
    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 $134,782
    Demand deposits $82,143
    Nontransaction accounts $114,189
    Money market deposit accounts (MMDAs) $9,091
    Other savings deposits (excluding MMDAs) $58,645
    Total time deposits $46,453
    Total time and savings deposits $166,828
    Noninterest-bearing deposits $82,143
    Interest-bearing deposits $166,828
    Retail deposits $243,597
    IRAs and Keogh plan accounts $9,855
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $284,571
    Cash & Balances due from depository institutions $44,873
    Interest-bearing balances $42,326
    Total securities $46,395
    Federal funds sold & reverse repurchase $0
    Net loans and leases $179,616
    Loan and leases loss allowance $1,823
    Trading account assets $0
    Bank premises and fixed assets $5,334
    Other real estate owned $705
    Goodwill and other intangibles $97
    All other assets $7,551

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $284,571
    Total Liabilities $252,908
    Total deposits $248,971
    Interest-bearing deposits $166,828
    Deposits held in domestic offices $248,971
    % insured (estimated) $76
    Federal funds purchased and repurchase agreements $475
    Trading liabilities $0
    Other borrowed funds $3,362
    Subordinated debt $0
    All other liabilities $100

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $179,616
    Loan and leases loss allowance $1,823
    Total loans and leases (domestic) $181,439
    All real estate loans $155,026
    Real estate loans in domestic offices $155,026
    Construction and development loans $33,021
    Residential 1-4 family construction $9,091
    Other construction, all land development and other land $23,930
    Loans secured by nonfarm nonresidential properties $40,188
    Nonfarm nonresidential secured by owner-occupied properties $19,675
    Commercial real estate & other non-farm, non-residential $20,513
    Multifamily residential real estate $9,811
    1-4 family residential loans $67,623
    Farmland loans $4,383
    Loans held in foreign offices $0
    Farm loans $15,702
    Commercial and industrial loans $6,708
    To non-U.S. addressees $0
    Loans to individuals $3,974
    Credit card loans $0
    Related Plans $60
    Consumer Auto Loans $680
    Other loans to individuals $3,234
    All other loans & leases $29
    Loans to foreign governments and official institutions $0
    Other loans $27
    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

    Guaranty Bank and Trust Company had $179,616,000 of loans outstanding in 2021. $155,026,000 of loans were in real estate loans. $33,021,000 of loans were in development loans. $9,811,000 of loans were in multifamily mortgage loans. $67,623,000 of loans were in 1-4 family mortgage loans. $15,702,000 of loans were in farm loans. $0 of loans were in credit card loans. $680,000 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 82 $18,141 $221,232
    Nonfarm, nonresidential loans - <$100k 22 $1,166 $53,000
    Nonfarm, nonresidential loans - $100-250k 30 $4,117 $137,233
    Nonfarm, nonresidential loans - $250k-1MM 30 $12,858 $428,600
    Commercial & Industrial, US addressed loans - <$1MM 99 $5,438 $54,929
    Commercial & Industrial, US addressed loans - <$100k 81 $1,894 $23,383
    Commercial & Industrial, US addressed loans - $100-250k 14 $1,622 $115,857
    Commercial & Industrial, US addressed loans - $250k-1MM 4 $1,922 $480,500
    Farmland loans - <$1MM 17 $2,100 $123,529
    Farmland loans - <$100k 7 $317 $45,286
    Farmland loans - $100-250k 4 $467 $116,750
    Farmland loans - $250k-1MM 6 $1,316 $219,333
    Agriculture operations loans - <$1MM 23 $2,096 $91,130
    Agriculture operations loans - <$100k 12 $312 $26,000
    Agriculture operations loans - $100-250k 5 $540 $108,000
    Agriculture operations loans - $250k-1MM 6 $1,244 $207,333