Vermilion Bank & Trust Company Mortgage Rates, Fees & Info

Kaplan, LA

LEI: 549300NO5XZV44V0UV76

Tax ID: 72-0503829

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Vermilion 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

    28

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Vermilion Bank & Trust Company 211 Main Street Gueydan, LA 70542 Full Service B&M $10,308
    Vermilion Bank & Trust Company 420 N Cushing Ave Kaplan, LA 70548 Full Service B&M $128,733
    Vermilion Bank & Trust Company West Highway 14 And Trahan Avenue Kaplan, LA 70548 Limited, Drive-thru $0

    For 2021, Vermilion Bank & Trust Company had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $4,956
    Net interest income $4,713
    Total noninterest income $925
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $460
    Trading account gains and fees $0
    Additional Noninterest Income $465
    Pre-tax net operating income $2,119
    Securities gains (or losses, -) $0
    Income before extraordinary items $2,119
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $2,119
    Minority interest net income $0
    Net income $2,119
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $2,119

    Vermilion Bank & Trust Company's gross interest income from loans was $4,956,000.
    Vermilion Bank & Trust Company's net interest income from loans was $4,713,000.
    Vermilion Bank & Trust Company's fee based income from loans was $460,000.
    Vermilion Bank & Trust Company's net income from loans was $2,119,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $243
    Provision for credit losses $180
    Total noninterest expense $3,339
    Salaries and employee benefits $1,793
    Premises and equipment expense $367
    Additional noninterest expense $1,179
    Applicable income taxes $0
    Net charge-offs $84
    Cash dividends $1,294

    Vermilion Bank & Trust Company's interest expense for loans was $243,000.
    Vermilion Bank & Trust Company's payroll and benefits expense were $1,793,000.
    Vermilion Bank & Trust Company's property, plant and equipment expenses $367,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 2.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 3.0%
    HELOC loans 0.0%
    All other family 3.0%
    Commercial & industrial loans 0.0%
    Personal loans 1.0%
    Credit card loans 0.0%
    Other individual loans 1.0%
    Auto loans 2.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $158,530
    Deposits held in domestic offices $158,530
    Deposits by Individuals, partnerships, and corporations $115,677
    Deposits by U.S. Government $2
    Deposits by States and political subdivisions in the U.S. $42,848
    Deposits by Commercial banks and other depository institutions in U.S. $3
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $78,258
    Demand deposits $29,972
    Nontransaction accounts $80,272
    Money market deposit accounts (MMDAs) $9,880
    Other savings deposits (excluding MMDAs) $27,576
    Total time deposits $42,817
    Total time and savings deposits $128,558
    Noninterest-bearing deposits $30,345
    Interest-bearing deposits $128,185
    Retail deposits $137,105
    IRAs and Keogh plan accounts $4,988
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $172,537
    Cash & Balances due from depository institutions $55,536
    Interest-bearing balances $53,137
    Total securities $46,062
    Federal funds sold & reverse repurchase $0
    Net loans and leases $67,688
    Loan and leases loss allowance $1,707
    Trading account assets $0
    Bank premises and fixed assets $370
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $2,881

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $172,537
    Total Liabilities $159,526
    Total deposits $158,530
    Interest-bearing deposits $128,185
    Deposits held in domestic offices $158,530
    % insured (estimated) $64
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $996

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $67,688
    Loan and leases loss allowance $1,707
    Total loans and leases (domestic) $69,395
    All real estate loans $49,404
    Real estate loans in domestic offices $49,404
    Construction and development loans $801
    Residential 1-4 family construction $148
    Other construction, all land development and other land $653
    Loans secured by nonfarm nonresidential properties $15,710
    Nonfarm nonresidential secured by owner-occupied properties $14,981
    Commercial real estate & other non-farm, non-residential $729
    Multifamily residential real estate $3,538
    1-4 family residential loans $25,338
    Farmland loans $4,017
    Loans held in foreign offices $0
    Farm loans $4,780
    Commercial and industrial loans $9,015
    To non-U.S. addressees $0
    Loans to individuals $5,928
    Credit card loans $757
    Related Plans $0
    Consumer Auto Loans $2,784
    Other loans to individuals $2,387
    All other loans & leases $268
    Loans to foreign governments and official institutions $0
    Other loans $268
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $2,859
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $291
    Non 1-4 family restructured loans & leases $76
    Total loans and leases (foreign) $0

    Vermilion Bank & Trust Company had $67,688,000 of loans outstanding in 2021. $49,404,000 of loans were in real estate loans. $801,000 of loans were in development loans. $3,538,000 of loans were in multifamily mortgage loans. $25,338,000 of loans were in 1-4 family mortgage loans. $4,780,000 of loans were in farm loans. $757,000 of loans were in credit card loans. $2,784,000 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 105 $9,468 $90,171
    Nonfarm, nonresidential loans - <$100k 72 $1,871 $25,986
    Nonfarm, nonresidential loans - $100-250k 20 $1,953 $97,650
    Nonfarm, nonresidential loans - $250k-1MM 13 $5,644 $434,154
    Commercial & Industrial, US addressed loans - <$1MM 514 $8,316 $16,179
    Commercial & Industrial, US addressed loans - <$100k 503 $6,447 $12,817
    Commercial & Industrial, US addressed loans - $100-250k 9 $978 $108,667
    Commercial & Industrial, US addressed loans - $250k-1MM 2 $891 $445,500
    Farmland loans - <$1MM 54 $4,017 $74,389
    Farmland loans - <$100k 54 $4,017 $74,389
    Agriculture operations loans - <$1MM 58 $4,780 $82,414
    Agriculture operations loans - <$100k 58 $4,780 $82,414