First Savings And Loan Association Mortgage Rates, Fees & Info

Mebane, NC

LEI: 549300RV4T4YZCSHWF37

Tax ID: 56-0319795

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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

    First Savings And Loan Association is a smaller mortgage company specializing in various types of mortgages.



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    Originations

    0

    Origination Dollar Volume (All Markets)

    $0

    Employee count

    6

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    First American Solutions, LLC Conventional home mortgage Closing on a mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    First Savings and Loan Association 206 West Center Street Mebane, NC 27302 Full Service B&M $46,109

    For 2021, First Savings And Loan Association had 1 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $1,945
    Net interest income $1,667
    Total noninterest income $74
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $0
    Trading account gains and fees $0
    Additional Noninterest Income $74
    Pre-tax net operating income $247
    Securities gains (or losses, -) $0
    Income before extraordinary items $198
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $198
    Minority interest net income $0
    Net income $198
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $198

    First Savings And Loan Association's gross interest income from loans was $1,945,000.
    First Savings And Loan Association's net interest income from loans was $1,667,000.
    First Savings And Loan Association's fee based income from loans was $0.
    First Savings And Loan Association's net income from loans was $198,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $278
    Provision for credit losses $-16
    Total noninterest expense $1,510
    Salaries and employee benefits $851
    Premises and equipment expense $54
    Additional noninterest expense $605
    Applicable income taxes $49
    Net charge-offs $0
    Cash dividends $0

    First Savings And Loan Association's interest expense for loans was $278,000.
    First Savings And Loan Association's payroll and benefits expense were $851,000.
    First Savings And Loan Association's property, plant and equipment expenses $54,000.

    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 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 $45,853
    Deposits held in domestic offices $45,853
    Deposits by Individuals, partnerships, and corporations $45,624
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $229
    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 $0
    Demand deposits $0
    Nontransaction accounts $45,853
    Money market deposit accounts (MMDAs) $3,678
    Other savings deposits (excluding MMDAs) $5,576
    Total time deposits $36,599
    Total time and savings deposits $45,853
    Noninterest-bearing deposits $0
    Interest-bearing deposits $45,853
    Retail deposits $38,558
    IRAs and Keogh plan accounts $2,983
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $59,396
    Cash & Balances due from depository institutions $8,801
    Interest-bearing balances $2,722
    Total securities $12,860
    Federal funds sold & reverse repurchase $4,366
    Net loans and leases $30,660
    Loan and leases loss allowance $157
    Trading account assets $0
    Bank premises and fixed assets $119
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $2,590

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $59,396
    Total Liabilities $46,487
    Total deposits $45,853
    Interest-bearing deposits $45,853
    Deposits held in domestic offices $45,853
    % insured (estimated) $93
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $634

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $30,660
    Loan and leases loss allowance $157
    Total loans and leases (domestic) $30,817
    All real estate loans $30,817
    Real estate loans in domestic offices $30,817
    Construction and development loans $425
    Residential 1-4 family construction $425
    Other construction, all land development and other land $0
    Loans secured by nonfarm nonresidential properties $854
    Nonfarm nonresidential secured by owner-occupied properties $817
    Commercial real estate & other non-farm, non-residential $37
    Multifamily residential real estate $0
    1-4 family residential loans $29,538
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $0
    To non-U.S. addressees $0
    Loans to individuals $0
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $0
    Other loans to individuals $0
    All other loans & leases $0
    Loans to foreign governments and official institutions $0
    Other loans $0
    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 $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    First Savings and Loan Association had $30,660,000 of loans outstanding in 2021. $30,817,000 of loans were in real estate loans. $425,000 of loans were in development loans. $0 of loans were in multifamily mortgage loans. $29,538,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $0 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 5 $854 $170,800
    Nonfarm, nonresidential loans - <$100k 1 $37 $37,000
    Nonfarm, nonresidential loans - $100-250k 2 $232 $116,000
    Nonfarm, nonresidential loans - $250k-1MM 2 $585 $292,500