Bank Of Dade Mortgage Rates, Fees & Info

Trenton, GA

LEI: 549300PQYQDOLH45NU80

Tax ID: 58-0657039

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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

    Bank Of Dade is a smaller bank specializing in various types of mortgages.



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    Originations

    0

    Origination Dollar Volume (All Markets)

    $0

    Employee count

    30

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    BANK OF THE WEST Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 5 16.7%
    BANK OF THE WEST VA mortgage Trouble during payment process 1 3.3%
    BANK OF THE WEST Other type of mortgage Trouble during payment process 2 6.7%
    BANK OF THE WEST Other type of mortgage Struggling to pay mortgage 1 3.3%
    BANK OF THE WEST Other type of mortgage Closing on a mortgage 1 3.3%
    BANK OF THE WEST Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 3.3%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Trouble during payment process 3 10.0%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Closing on a mortgage 4 13.3%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 2 6.7%
    BANK OF THE WEST FHA mortgage Trouble during payment process 1 3.3%
    BANK OF THE WEST Conventional home mortgage Struggling to pay mortgage 2 6.7%
    BANK OF THE WEST Conventional home mortgage Closing on a mortgage 1 3.3%
    BANK OF THE WEST Conventional home mortgage Trouble during payment process 6 20.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Bank of Dade 12634 North Main Street Trenton, GA 30752 Full Service B&M $122,079
    Bank of Dade 12660 North Main Street Trenton, GA 30752 Limited, Drive-thru $0
    Bank of Dade 4995 Hwy 136 West Trenton, GA 30752 Limited, Drive-thru $0

    For 2021, Bank Of Dade had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $4,939
    Net interest income $4,756
    Total noninterest income $593
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $218
    Trading account gains and fees $0
    Additional Noninterest Income $375
    Pre-tax net operating income $2,274
    Securities gains (or losses, -) $103
    Income before extraordinary items $2,377
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $2,377
    Minority interest net income $0
    Net income $2,377
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $2,274

    Bank Of Dade's gross interest income from loans was $4,939,000.
    Bank Of Dade's net interest income from loans was $4,756,000.
    Bank Of Dade's fee based income from loans was $218,000.
    Bank Of Dade's net income from loans was $2,377,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $183
    Provision for credit losses $0
    Total noninterest expense $3,075
    Salaries and employee benefits $1,949
    Premises and equipment expense $261
    Additional noninterest expense $865
    Applicable income taxes $0
    Net charge-offs $-101
    Cash dividends $1,024

    Bank Of Dade's interest expense for loans was $183,000.
    Bank Of Dade's payroll and benefits expense were $1,949,000.
    Bank Of Dade's property, plant and equipment expenses $261,000.

    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 0.0%
    Nonfarm, nonresidential loans 2.0%
    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 1.0%
    Credit card loans 0.0%
    Other individual loans 1.0%
    Auto loans 0.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $133,601
    Deposits held in domestic offices $133,601
    Deposits by Individuals, partnerships, and corporations $112,036
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $21,565
    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 $68,676
    Demand deposits $38,667
    Nontransaction accounts $64,925
    Money market deposit accounts (MMDAs) $7,048
    Other savings deposits (excluding MMDAs) $35,446
    Total time deposits $22,431
    Total time and savings deposits $94,934
    Noninterest-bearing deposits $38,667
    Interest-bearing deposits $94,934
    Retail deposits $132,476
    IRAs and Keogh plan accounts $5,774
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $147,906
    Cash & Balances due from depository institutions $10,923
    Interest-bearing balances $5,947
    Total securities $71,924
    Federal funds sold & reverse repurchase $134
    Net loans and leases $62,964
    Loan and leases loss allowance $839
    Trading account assets $0
    Bank premises and fixed assets $1,046
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $915

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $147,906
    Total Liabilities $133,766
    Total deposits $133,601
    Interest-bearing deposits $94,934
    Deposits held in domestic offices $133,601
    % insured (estimated) $80
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $165

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $62,964
    Loan and leases loss allowance $839
    Total loans and leases (domestic) $63,803
    All real estate loans $56,100
    Real estate loans in domestic offices $56,100
    Construction and development loans $8,478
    Residential 1-4 family construction $4,874
    Other construction, all land development and other land $3,604
    Loans secured by nonfarm nonresidential properties $9,640
    Nonfarm nonresidential secured by owner-occupied properties $8,247
    Commercial real estate & other non-farm, non-residential $1,393
    Multifamily residential real estate $350
    1-4 family residential loans $34,377
    Farmland loans $3,255
    Loans held in foreign offices $0
    Farm loans $51
    Commercial and industrial loans $1,686
    To non-U.S. addressees $0
    Loans to individuals $5,760
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $2,450
    Other loans to individuals $3,310
    All other loans & leases $206
    Loans to foreign governments and official institutions $0
    Other loans $103
    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 $58
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Bank of Dade had $62,964,000 of loans outstanding in 2021. $56,100,000 of loans were in real estate loans. $8,478,000 of loans were in development loans. $350,000 of loans were in multifamily mortgage loans. $34,377,000 of loans were in 1-4 family mortgage loans. $51,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,450,000 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 48 $7,683 $160,063
    Nonfarm, nonresidential loans - <$100k 17 $638 $37,529
    Nonfarm, nonresidential loans - $100-250k 17 $1,698 $99,882
    Nonfarm, nonresidential loans - $250k-1MM 14 $5,347 $381,929
    Commercial & Industrial, US addressed loans - <$1MM 49 $1,685 $34,388
    Commercial & Industrial, US addressed loans - <$100k 45 $1,097 $24,378
    Commercial & Industrial, US addressed loans - $100-250k 3 $435 $145,000
    Commercial & Industrial, US addressed loans - $250k-1MM 1 $153 $153,000
    Farmland loans - <$1MM 24 $2,513 $104,708
    Farmland loans - <$100k 10 $313 $31,300
    Farmland loans - $100-250k 9 $819 $91,000
    Farmland loans - $250k-1MM 5 $1,381 $276,200
    Agriculture operations loans - <$1MM 2 $51 $25,500
    Agriculture operations loans - <$100k 2 $51 $25,500