Peoples State Bank Mortgage Rates, Fees & Info
Wausau, WILEI: 549300RBWA4J4QTPSY69
Tax ID: 39-0987942
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Mortgage Data
Bank Data
Review & Overview
Peoples State Bank 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.52% | 5/14/24 |
| 30 Year Conventional Refi | 6.29% | 5/14/24 |
| 30 Year Cash-out Refi | 6.42% | 5/14/24 |
| 30 Year FHA Purchase | 6.59% | 5/14/24 |
| 30 Year USDA Purchase | 6.61% | 5/14/24 |
| 15 Year Conventional Purchase | 6.35% | 5/14/24 |
| 15 Year Conventional Refi | 5.86% | 5/14/24 |
| 15 Year Cash-out Refi | 5.86% | 5/14/24 |
| 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. | ||
Peoples State Bank Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
0Origination Dollar Volume (All Markets)
$0Employee count
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Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION | Conventional home mortgage | Closing on a mortgage | 2 | 15.4% |
| PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION | Conventional home mortgage | Struggling to pay mortgage | 2 | 15.4% |
| PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION | Conventional home mortgage | Trouble during payment process | 4 | 30.8% |
| PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION | Home equity loan or line of credit (HELOC) | Trouble during payment process | 2 | 15.4% |
| PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION | Other type of mortgage | Trouble during payment process | 3 | 23.1% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Peoples State Bank | 1011 East Wall Street, Suite B Eagle River, WI 54521 | Full Service B&M | $52,101 |
| Peoples State Bank | 10725 West National Avenue West Allis, WI 53227 | Full Service B&M | $18,753 |
| Peoples State Bank | 1201 Sixth Street Wausau, WI 54403 | Full Service B&M | $61,376 |
| Peoples State Bank | 1905 Stewart Ave Wausau, WI 54401 | Full Service B&M | $376,170 |
| Peoples State Bank | 227212 Rib Mountain Drive Wausau, WI 54401 | Full Service B&M | $64,188 |
| Peoples State Bank | 2500 North Grandview Boulevard Waukesha, WI 53188 | Full Service B&M | $0 |
| Peoples State Bank | 314 Main Street Marathon, WI 54448 | Full Service B&M | $110,112 |
| Peoples State Bank | 521 West Sunset Drive Waukesha, WI 53189 | Full Service B&M | $116,609 |
| Peoples State Bank | 7205 Stone Ridge Drive Weston, WI 54476 | Full Service B&M | $58,394 |
| Peoples State Bank | 8 East Anderson Street Rhinelander, WI 54501 | Full Service B&M | $127,928 |
| Peoples State Bank | 9560 Highway 70 West Minocqua, WI 54548 | Full Service B&M | $52,839 |
For 2021, Peoples State Bank had 11 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $43,461 |
| Net interest income | $40,665 |
| Total noninterest income | $9,542 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $1,448 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $8,094 |
| Pre-tax net operating income | $19,533 |
| Securities gains (or losses, -) | $134 |
| Income before extraordinary items | $14,867 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $14,867 |
| Minority interest net income | $0 |
| Net income | $14,867 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $14,761 |
Peoples State Bank's gross interest income from loans was $43,461,000.
Peoples State Bank's net interest income from loans was $40,665,000.
Peoples State Bank's fee based income from loans was $1,448,000.
Peoples State Bank's net income from loans was $14,867,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $2,796 |
| Provision for credit losses | $1,000 |
| Total noninterest expense | $29,674 |
| Salaries and employee benefits | $17,510 |
| Premises and equipment expense | $2,423 |
| Additional noninterest expense | $9,741 |
| Applicable income taxes | $4,800 |
| Net charge-offs | $-387 |
| Cash dividends | $19,000 |
Peoples State Bank's interest expense for loans was $2,796,000.
Peoples State Bank's payroll and benefits expense were $17,510,000.
Peoples State Bank's property, plant and equipment expenses $2,423,000.
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 | 1.0% |
| Multifamily residential loans | 0.0% |
| 1-4 family residential loans | 0.0% |
| HELOC loans | 0.0% |
| 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 | 0.0% |
| Other consumer loans | 0.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $1,108,233 |
| Deposits held in domestic offices | $1,108,233 |
| Deposits by Individuals, partnerships, and corporations | $999,928 |
| Deposits by U.S. Government | $1,619 |
| Deposits by States and political subdivisions in the U.S. | $98,483 |
| Deposits by Commercial banks and other depository institutions in U.S. | $8,203 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $537,622 |
| Demand deposits | $284,803 |
| Nontransaction accounts | $570,611 |
| Money market deposit accounts (MMDAs) | $221,605 |
| Other savings deposits (excluding MMDAs) | $161,023 |
| Total time deposits | $187,982 |
| Total time and savings deposits | $823,430 |
| Noninterest-bearing deposits | $285,009 |
| Interest-bearing deposits | $823,224 |
| Retail deposits | $1,068,374 |
| IRAs and Keogh plan accounts | $35,839 |
| Brokered deposits | $18,483 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $1,292,601 |
| Cash & Balances due from depository institutions | $45,632 |
| Interest-bearing balances | $28,530 |
| Total securities | $308,744 |
| Federal funds sold & reverse repurchase | $2,396 |
| Net loans and leases | $879,187 |
| Loan and leases loss allowance | $12,222 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $12,592 |
| Other real estate owned | $1,103 |
| Goodwill and other intangibles | $4,789 |
| All other assets | $38,158 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $1,292,601 |
| Total Liabilities | $1,173,809 |
| Total deposits | $1,108,233 |
| Interest-bearing deposits | $823,224 |
| Deposits held in domestic offices | $1,108,233 |
| % insured (estimated) | $75 |
| Federal funds purchased and repurchase agreements | $6,676 |
| Trading liabilities | $0 |
| Other borrowed funds | $47,000 |
| Subordinated debt | $0 |
| All other liabilities | $11,900 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $879,187 |
| Loan and leases loss allowance | $12,222 |
| Total loans and leases (domestic) | $891,409 |
| All real estate loans | $768,961 |
| Real estate loans in domestic offices | $768,961 |
| Construction and development loans | $72,916 |
| Residential 1-4 family construction | $19,031 |
| Other construction, all land development and other land | $53,885 |
| Loans secured by nonfarm nonresidential properties | $379,265 |
| Nonfarm nonresidential secured by owner-occupied properties | $208,496 |
| Commercial real estate & other non-farm, non-residential | $170,769 |
| Multifamily residential real estate | $58,750 |
| 1-4 family residential loans | $244,357 |
| Farmland loans | $13,673 |
| Loans held in foreign offices | $0 |
| Farm loans | $496 |
| Commercial and industrial loans | $99,974 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $4,638 |
| Credit card loans | $0 |
| Related Plans | $579 |
| Consumer Auto Loans | $2,297 |
| Other loans to individuals | $1,762 |
| All other loans & leases | $17,341 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $5,483 |
| 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 | $5,213 |
| Non 1-4 family restructured loans & leases | $5,213 |
| Total loans and leases (foreign) | $0 |
Peoples State Bank had $879,187,000 of loans outstanding in 2021. $768,961,000 of loans were in real estate loans. $72,916,000 of loans were in development loans. $58,750,000 of loans were in multifamily mortgage loans. $244,357,000 of loans were in 1-4 family mortgage loans. $496,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,297,000 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 | 480 | $113,086 | $235,596 |
| Nonfarm, nonresidential loans - <$100k | 91 | $3,727 | $40,956 |
| Nonfarm, nonresidential loans - $100-250k | 163 | $21,677 | $132,988 |
| Nonfarm, nonresidential loans - $250k-1MM | 226 | $87,682 | $387,973 |
| Commercial & Industrial, US addressed loans - <$1MM | 579 | $45,109 | $77,908 |
| Commercial & Industrial, US addressed loans - <$100k | 343 | $6,901 | $20,120 |
| Commercial & Industrial, US addressed loans - $100-250k | 126 | $11,904 | $94,476 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 110 | $26,304 | $239,127 |
| Farmland loans - <$1MM | 173 | $10,575 | $61,127 |
| Farmland loans - <$100k | 127 | $4,144 | $32,630 |
| Farmland loans - $100-250k | 41 | $4,965 | $121,098 |
| Farmland loans - $250k-1MM | 5 | $1,466 | $293,200 |
| Agriculture operations loans - <$1MM | 11 | $496 | $45,091 |
| Agriculture operations loans - <$100k | 9 | $131 | $14,556 |
| Agriculture operations loans - $100-250k | 1 | $69 | $69,000 |
| Agriculture operations loans - $250k-1MM | 1 | $296 | $296,000 |