Robertson Banking Company Mortgage Rates, Fees & Info

Demopolis, AL

LEI: 549300QUWFE9UINQOY10

Tax ID: 63-0177390

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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

    Robertson Banking 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

    82

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Robertson Banking Company 1400 Greensboro Avenue Tuscaloosa, AL 35401 Full Service B&M $48,960
    Robertson Banking Company 1406 Highway 80 West Demopolis, AL 36732 Full Service B&M $36,510
    Robertson Banking Company 1801 5th Avenue North, Suite 100 Birmingham, AL 35203 Full Service B&M $21,371
    Robertson Banking Company 1835 Mcfarland Blvd N Tuscaloosa, AL 35406 Full Service B&M $22,601
    Robertson Banking Company 209 East Coats Avenue Linden, AL 36748 Full Service B&M $16,191
    Robertson Banking Company 216 North Walnut Avenue Demopolis, AL 36732 Full Service B&M $191,651
    Robertson Banking Company 6510 2nd Avenue Thomaston, AL 36783 Full Service B&M $11,022

    For 2021, Robertson Banking Company had 7 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $12,882
    Net interest income $12,091
    Total noninterest income $4,156
    Gross Fiduciary activities income $181
    Service charges on deposit accounts $917
    Trading account gains and fees $0
    Additional Noninterest Income $3,058
    Pre-tax net operating income $6,598
    Securities gains (or losses, -) $0
    Income before extraordinary items $6,163
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $6,163
    Minority interest net income $0
    Net income $6,163
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $6,163

    Robertson Banking Company's gross interest income from loans was $12,882,000.
    Robertson Banking Company's net interest income from loans was $12,091,000.
    Robertson Banking Company's fee based income from loans was $917,000.
    Robertson Banking Company's net income from loans was $6,163,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $791
    Provision for credit losses $300
    Total noninterest expense $9,349
    Salaries and employee benefits $5,680
    Premises and equipment expense $1,301
    Additional noninterest expense $2,368
    Applicable income taxes $435
    Net charge-offs $-8
    Cash dividends $4,262

    Robertson Banking Company's interest expense for loans was $791,000.
    Robertson Banking Company's payroll and benefits expense were $5,680,000.
    Robertson Banking Company's property, plant and equipment expenses $1,301,000.

    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 1.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 2.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $374,169
    Deposits held in domestic offices $374,169
    Deposits by Individuals, partnerships, and corporations $329,677
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $43,699
    Deposits by Commercial banks and other depository institutions in U.S. $793
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $188,026
    Demand deposits $187,575
    Nontransaction accounts $186,143
    Money market deposit accounts (MMDAs) $54,683
    Other savings deposits (excluding MMDAs) $43,360
    Total time deposits $88,100
    Total time and savings deposits $186,594
    Noninterest-bearing deposits $116,379
    Interest-bearing deposits $257,790
    Retail deposits $348,352
    IRAs and Keogh plan accounts $16,363
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $412,189
    Cash & Balances due from depository institutions $54,893
    Interest-bearing balances $32,231
    Total securities $79,203
    Federal funds sold & reverse repurchase $0
    Net loans and leases $262,971
    Loan and leases loss allowance $4,207
    Trading account assets $0
    Bank premises and fixed assets $3,964
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $11,158

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $412,189
    Total Liabilities $376,000
    Total deposits $374,169
    Interest-bearing deposits $257,790
    Deposits held in domestic offices $374,169
    % insured (estimated) $74
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $1,831

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $262,971
    Loan and leases loss allowance $4,207
    Total loans and leases (domestic) $267,178
    All real estate loans $230,831
    Real estate loans in domestic offices $230,831
    Construction and development loans $13,792
    Residential 1-4 family construction $3,853
    Other construction, all land development and other land $9,939
    Loans secured by nonfarm nonresidential properties $116,530
    Nonfarm nonresidential secured by owner-occupied properties $42,338
    Commercial real estate & other non-farm, non-residential $74,192
    Multifamily residential real estate $19,215
    1-4 family residential loans $69,787
    Farmland loans $11,507
    Loans held in foreign offices $0
    Farm loans $921
    Commercial and industrial loans $27,011
    To non-U.S. addressees $0
    Loans to individuals $3,683
    Credit card loans $0
    Related Plans $835
    Consumer Auto Loans $530
    Other loans to individuals $2,318
    All other loans & leases $4,732
    Loans to foreign governments and official institutions $0
    Other loans $64
    Loans to depository institutions and acceptances of other banks $500
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $169
    Non 1-4 family restructured loans & leases $169
    Total loans and leases (foreign) $0

    Robertson Banking Company had $262,971,000 of loans outstanding in 2021. $230,831,000 of loans were in real estate loans. $13,792,000 of loans were in development loans. $19,215,000 of loans were in multifamily mortgage loans. $69,787,000 of loans were in 1-4 family mortgage loans. $921,000 of loans were in farm loans. $0 of loans were in credit card loans. $530,000 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 147 $35,408 $240,871
    Nonfarm, nonresidential loans - <$100k 44 $1,662 $37,773
    Nonfarm, nonresidential loans - $100-250k 36 $4,154 $115,389
    Nonfarm, nonresidential loans - $250k-1MM 67 $29,592 $441,672
    Commercial & Industrial, US addressed loans - <$1MM 329 $15,723 $47,790
    Commercial & Industrial, US addressed loans - <$100k 260 $5,067 $19,488
    Commercial & Industrial, US addressed loans - $100-250k 48 $4,285 $89,271
    Commercial & Industrial, US addressed loans - $250k-1MM 21 $6,371 $303,381
    Farmland loans - <$1MM 103 $11,507 $111,718
    Farmland loans - <$100k 51 $1,528 $29,961
    Farmland loans - $100-250k 28 $2,853 $101,893
    Farmland loans - $250k-1MM 24 $7,126 $296,917
    Agriculture operations loans - <$1MM 35 $921 $26,314
    Agriculture operations loans - <$100k 30 $457 $15,233
    Agriculture operations loans - $100-250k 5 $464 $92,800