Troy Bank And Trust Company Mortgage Rates, Fees & Info
Troy, ALLEI: 549300N968Y85YXDX139
Tax ID: 63-0212370
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Bank Data
Review & Overview
Troy Bank And Trust Company is a smaller bank specializing in various types of mortgages.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.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.36% | 5/4/24 |
| 30 Year Conventional Refi | 6.27% | 5/4/24 |
| 30 Year FHA Purchase | 6.27% | 5/4/24 |
| 30 Year USDA Purchase | 6.27% | 5/4/24 |
| 15 Year Conventional Purchase | 9.94% | 5/4/24 |
| 15 Year Conventional Refi | 7.01% | 5/4/24 |
| 15 Year Cash-out Refi | 7.01% | 5/4/24 |
| 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. | ||
Troy Bank And Trust Company Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Troy Bank And Trust Company. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
0Origination Dollar Volume (All Markets)
$0Employee count
134Similar Lenders
We use machine learning to identify the top lenders compared against Troy Bank and Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
APCO EMPLOYEES
Similarity Rank: 264
Similarity Rank: 264
Tyndall Federal Credit Union
Similarity Rank: 301
Similarity Rank: 301
GMFS LLC
Similarity Rank: 594
Similarity Rank: 594
ServisFirst Bank
Similarity Rank: 750
Similarity Rank: 750
Hamilton Mortgage Corporation
Similarity Rank: 1419
Similarity Rank: 1419
MORTGAGE INVESTORS GROUP, INC.
Similarity Rank: 2226
Similarity Rank: 2226
Triumph Bank
Similarity Rank: 3264
Similarity Rank: 3264
BBVA USA
Similarity Rank: 4439
Similarity Rank: 4439
INTERLINC MORTGAGE SERVICES, LLC
Similarity Rank: 4512
Similarity Rank: 4512
Ameris Bank
Similarity Rank: 5611
Similarity Rank: 5611
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Troy Bank & Trust Company | 1000 Highway 231 South Troy, AL 36081 | Full Service B&M | $537,094 |
| Troy Bank & Trust Company | 108 Mckinnon Street New Brockton, AL 36351 | Full Service B&M | $13,083 |
| Troy Bank & Trust Company | 1110 North Boll Weevil Circle, Suite C Enterprise, AL 36330 | Full Service B&M | $33,494 |
| Troy Bank & Trust Company | 1429 Highway 231 South Troy, AL 36081 | Full Service B&M | $21,305 |
| Troy Bank & Trust Company | 2701 Frederick Road, Suite 101 Opelika, AL 36801 | Full Service B&M | $9,127 |
| Troy Bank & Trust Company | 300 North Three Notch Street Troy, AL 36081 | Full Service B&M | $13,366 |
| Troy Bank & Trust Company | 301 Greenville Avenue Goshen, AL 36035 | Full Service B&M | $2,724 |
| Troy Bank & Trust Company | 425 S.A. Graham Boulevard Brundidge, AL 36010 | Full Service B&M | $26,767 |
| Troy Bank & Trust Company | 429 North Claxton Avenue Elba, AL 36323 | Full Service B&M | $58,879 |
| Troy Bank & Trust Company | 4971 West Main Street Dothan, AL 36305 | Full Service B&M | $54,679 |
| Troy Bank & Trust Company | 6 Atlantic Street Ariton, AL 36311 | Full Service B&M | $7,541 |
For 2018, Troy Bank And Trust Company had 11 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $38,330 |
| Net interest income | $30,593 |
| Total noninterest income | $7,763 |
| Gross Fiduciary activities income | $745 |
| Service charges on deposit accounts | $3,052 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $3,966 |
| Pre-tax net operating income | $14,623 |
| Securities gains (or losses, -) | $189 |
| Income before extraordinary items | $12,752 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $12,752 |
| Minority interest net income | $0 |
| Net income | $12,752 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $12,589 |
Troy Bank And Trust Company's gross interest income from loans was $38,330,000.
Troy Bank And Trust Company's net interest income from loans was $30,593,000.
Troy Bank And Trust Company's fee based income from loans was $3,052,000.
Troy Bank And Trust Company's net income from loans was $12,752,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $7,737 |
| Provision for credit losses | $1,500 |
| Total noninterest expense | $22,233 |
| Salaries and employee benefits | $12,905 |
| Premises and equipment expense | $1,981 |
| Additional noninterest expense | $7,347 |
| Applicable income taxes | $2,060 |
| Net charge-offs | $738 |
| Cash dividends | $2,128 |
Troy Bank And Trust Company's interest expense for loans was $7,737,000.
Troy Bank And Trust Company's payroll and benefits expense were $12,905,000.
Troy Bank And Trust Company's property, plant and equipment expenses $1,981,000.
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 | 1.0% |
| Commercial & industrial loans | 0.0% |
| Personal loans | 1.0% |
| Credit card loans | 0.0% |
| Other individual loans | 1.0% |
| Auto loans | 1.0% |
| Other consumer loans | 0.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $742,928 |
| Deposits held in domestic offices | $742,928 |
| Deposits by Individuals, partnerships, and corporations | $638,072 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $104,310 |
| Deposits by Commercial banks and other depository institutions in U.S. | $546 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $61,864 |
| Demand deposits | $32,875 |
| Nontransaction accounts | $681,064 |
| Money market deposit accounts (MMDAs) | $446,438 |
| Other savings deposits (excluding MMDAs) | $51,044 |
| Total time deposits | $183,580 |
| Total time and savings deposits | $710,053 |
| Noninterest-bearing deposits | $32,875 |
| Interest-bearing deposits | $710,053 |
| Retail deposits | $659,298 |
| IRAs and Keogh plan accounts | $20,104 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $875,923 |
| Cash & Balances due from depository institutions | $29,603 |
| Interest-bearing balances | $3,099 |
| Total securities | $237,091 |
| Federal funds sold & reverse repurchase | $1 |
| Net loans and leases | $563,398 |
| Loan and leases loss allowance | $8,626 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $9,636 |
| Other real estate owned | $5,604 |
| Goodwill and other intangibles | $2,892 |
| All other assets | $27,698 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $875,923 |
| Total Liabilities | $770,938 |
| Total deposits | $742,928 |
| Interest-bearing deposits | $710,053 |
| Deposits held in domestic offices | $742,928 |
| % insured (estimated) | $55 |
| Federal funds purchased and repurchase agreements | $20,829 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $7,181 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $563,398 |
| Loan and leases loss allowance | $8,626 |
| Total loans and leases (domestic) | $572,024 |
| All real estate loans | $422,435 |
| Real estate loans in domestic offices | $422,435 |
| Construction and development loans | $77,870 |
| Residential 1-4 family construction | $12,159 |
| Other construction, all land development and other land | $65,711 |
| Loans secured by nonfarm nonresidential properties | $140,425 |
| Nonfarm nonresidential secured by owner-occupied properties | $73,493 |
| Commercial real estate & other non-farm, non-residential | $66,932 |
| Multifamily residential real estate | $22,979 |
| 1-4 family residential loans | $152,117 |
| Farmland loans | $29,044 |
| Loans held in foreign offices | $0 |
| Farm loans | $9,760 |
| Commercial and industrial loans | $96,985 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $25,958 |
| Credit card loans | $0 |
| Related Plans | $5,745 |
| Consumer Auto Loans | $4,858 |
| Other loans to individuals | $15,355 |
| All other loans & leases | $16,886 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $296 |
| Loans to depository institutions and acceptances of other banks | $2,986 |
| Loans not secured by real estate | $0 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $5,020 |
| Non 1-4 family restructured loans & leases | $4,614 |
| Total loans and leases (foreign) | $0 |
Troy Bank and Trust Company had $563,398,000 of loans outstanding in 2018. $422,435,000 of loans were in real estate loans. $77,870,000 of loans were in development loans. $22,979,000 of loans were in multifamily mortgage loans. $152,117,000 of loans were in 1-4 family mortgage loans. $9,760,000 of loans were in farm loans. $0 of loans were in credit card loans. $4,858,000 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 | 347 | $61,527 | $177,311 |
| Nonfarm, nonresidential loans - <$100k | 104 | $4,264 | $41,000 |
| Nonfarm, nonresidential loans - $100-250k | 131 | $14,913 | $113,840 |
| Nonfarm, nonresidential loans - $250k-1MM | 112 | $42,350 | $378,125 |
| Commercial & Industrial, US addressed loans - <$1MM | 826 | $49,818 | $60,312 |
| Commercial & Industrial, US addressed loans - <$100k | 612 | $12,489 | $20,407 |
| Commercial & Industrial, US addressed loans - $100-250k | 117 | $10,675 | $91,239 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 97 | $26,654 | $274,784 |
| Farmland loans - <$1MM | 197 | $18,945 | $96,168 |
| Farmland loans - <$100k | 102 | $3,404 | $33,373 |
| Farmland loans - $100-250k | 59 | $6,359 | $107,780 |
| Farmland loans - $250k-1MM | 36 | $9,182 | $255,056 |
| Agriculture operations loans - <$1MM | 290 | $9,754 | $33,634 |
| Agriculture operations loans - <$100k | 254 | $5,367 | $21,130 |
| Agriculture operations loans - $100-250k | 29 | $3,143 | $108,379 |
| Agriculture operations loans - $250k-1MM | 7 | $1,244 | $177,714 |