Peoples Community Bank Mortgage Rates, Fees & Info

Greenville, MO

LEI: 549300TAWK59H74PXZ55

Tax ID: 43-1088433

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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

    Peoples Community Bank is a smaller bank specializing in Home Purchase and Refi loans. Peoples Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Poplar Bluff, Springfield, Cape Girardeau, Branson, and Fayetteville among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Peoples Community Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Peoples Community Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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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    Originations

    466

    Origination Dollar Volume (All Markets)

    $45,560,000

    Employee count

    135

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Poplar Bluff, MO (FHA|USDA|VA) 188 $18,480,000 $98,298 $1,741 6.13%
    Outside of Metro Areas 194 $15,410,000 $79,433 $1,861 6.37%
    SPRINGFIELD, MO (FHA|USDA|VA) 40 $7,810,000 $195,250 $2,442 5.84%
    CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 29 $2,515,000 $86,724 $1,860 6.19%
    Branson, MO (FHA|USDA|VA) 1 $255,000 $255,000 $3,100 6.59%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $210,000 $105,000 $1,874 6.13%
    Kennett, MO (FHA|USDA|VA) 4 $200,000 $50,000 $1,403 6.30%
    Sikeston, MO (FHA|USDA|VA) 3 $195,000 $65,000 $1,687 6.08%
    Farmington, MO (FHA|USDA|VA) 2 $190,000 $95,000 $0 6.10%
    Rolla, MO (FHA|USDA|VA) 1 $155,000 $155,000 $2,065 6.00%
    West Plains, MO (FHA|USDA|VA) 1 $115,000 $115,000 $2,090 6.50%
    Mountain Home, AR (FHA|USDA|VA) 1 $25,000 $25,000 $0 5.20%
    Peoples Community Bank's top markets include Poplar Bluff, Springfield, Cape Girardeau, Branson, and Fayetteville among others.

    Their top states include:
  • Missouri (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 466 $45,560,000 $97,768 $1,843 6.21%

    For 2018, Peoples Community Bank's most frequently originated type of loan was Conventional, with 466 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 313 $31,495,000 $100,623 $1,934 6.15%
    Refi 110 $12,130,000 $110,273 $1,728 6.37%
    Home Improvement 34 $1,530,000 $45,000 $1,529 6.24%
    Other 9 $405,000 $45,000 $1,025 6.42%

    For 2018, Peoples Community Bank's most frequently cited loan purpose was Home Purchase, with 313 originations. The 2nd most popular reason was Refi, with 110 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 250 $25,930,000 $103,720 $1,817 6.10%
    20 Year 118 $12,430,000 $105,339 $2,011 6.18%
    15 Year 61 $4,065,000 $66,639 $1,719 6.43%
    10 Year 19 $725,000 $38,158 $1,614 7.05%
    5 Year 9 $265,000 $29,444 $1,296 7.43%
    30 Year 5 $1,445,000 $289,000 $1,742 4.92%
    1 Year 4 $700,000 $175,000 $2,361 5.84%

    For 2018, Peoples Community Bank's most frequently cited loan duration was Other, with 250 originations. The 2nd most popular length was 20 Year, with 118 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 293 $24,895,000 $84,966
    $1k-2k 17 $3,835,000 $225,588

    Peoples Community Bank's average total fees were $1,742, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 293 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 226 $30,050,000 $132,965
    6-7% 187 $11,815,000 $63,182
    7-8% 27 $945,000 $35,000
    4-5% 16 $2,470,000 $154,375
    Over 8% 10 $280,000 $28,000

    During 2018, Peoples Community Bank's average interest rate for loans was 4.92%, while their most frequently originated rate bucket for loans was 5-6%, with 226 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 323 $15,915,000 $49,272 $1,671 6.40%
    $100k-200k 100 $13,440,000 $134,400 $2,082 5.86%
    $200k-400k 31 $8,485,000 $273,710 $2,460 5.66%
    $400k-600k 7 $3,095,000 $442,143 $2,793 5.50%
    $1MM+ 3 $3,415,000 $1,138,333 $0 5.60%
    $600k-1MM 2 $1,210,000 $605,000 $0 5.43%

    2018 saw Peoples Community Bank place emphasis on $100,000 or less loans with 323 originations, totaling $15,915,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 203 $11,775,000 $58,005 $1,779 6.45%
    $50k-75k 86 $8,090,000 $94,070 $1,897 6.31%
    $75k-100k 51 $4,185,000 $82,059 $1,757 6.13%
    $100k-150k 48 $6,950,000 $144,792 $2,136 5.93%
    $150k-250k 13 $3,935,000 $302,692 $2,310 5.71%
    $250k+ 1 $105,000 $105,000 $0 5.75%

    Peoples Community Bank lent most frequently to those with incomes in the $50k or less range, with 203 originations. The second most popular income band? $50k-75k, with 86 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 80 $5,750,000 $71,875 $1,764 6.44%
    >60% 76 $7,540,000 $99,211 $1,954 6.12%
    30-36% 64 $4,940,000 $77,188 $1,819 6.32%
    50-60% 44 $3,380,000 $76,818 $1,824 6.33%
    <20% 35 $1,925,000 $55,000 $1,670 6.46%
    36% 10 $1,040,000 $104,000 $1,984 6.15%
    37% 10 $610,000 $61,000 $1,759 6.63%
    38% 9 $745,000 $82,778 $2,142 6.43%
    39% 9 $635,000 $70,556 $1,740 6.12%
    46% 7 $605,000 $86,429 $1,985 6.00%
    41% 7 $845,000 $120,714 $2,011 6.29%
    49% 6 $410,000 $68,333 $1,629 6.40%
    43% 5 $425,000 $85,000 $1,736 5.77%
    42% 4 $280,000 $70,000 $1,645 6.84%
    48% 4 $360,000 $90,000 $1,874 6.43%
    40% 4 $380,000 $95,000 $1,663 5.99%
    47% 3 $655,000 $218,333 $0 5.96%
    44% 3 $135,000 $45,000 $1,659 6.40%
    45% 2 $90,000 $45,000 $1,884 6.50%

    Peoples Community Bank lent most frequently to those with DTI ratios of 20-30%, with 80 originations. The next most common DTI ratio? >60%, with 76 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 413 $36,625,000 $88,680 $1,836 6.25%
    Not applicable 46 $8,270,000 $179,783 $2,105 5.80%
    Black 4 $310,000 $77,500 $2,238 6.84%
    Not provided 1 $175,000 $175,000 $0 5.95%
    Native Hawaiian or Islander 1 $95,000 $95,000 $1,746 5.60%
    Asian 1 $85,000 $85,000 $2,146 6.25%

    Approval Rates

    Total approvals of all applications
    83.74%

    Peoples Community Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    83.26%

    Peoples Community Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 466 $45,560,000 $97,768

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 10 $4,340,000 $434,000
    Single Family (1-4 Units):Manufactured 80 $4,540,000 $56,750
    Single Family (1-4 Units):Site-Built 376 $36,680,000 $97,553

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 38 $1,860,000 $48,947 $1,611 6.39%
    40-60% 72 $4,880,000 $67,778 $1,819 6.40%
    60-80% 167 $16,385,000 $98,114 $1,876 6.22%
    80-100% 172 $21,580,000 $125,465 $1,936 6.10%
    Over 100% 1 $285,000 $285,000 $2,448 5.50%
    Under 20% 16 $570,000 $35,625 $1,068 6.05%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Peoples Home Equity, Inc. Conventional home mortgage Closing on a mortgage 2 50.0%
    Peoples Home Equity, Inc. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 25.0%
    Peoples Home Equity, Inc. Other type of mortgage Closing on a mortgage 1 25.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Peoples Community Bank 101 State Highway 34 East Marble Hill, MO 63764 Full Service B&M $20,158
    Peoples Community Bank 1401 North Main St Piedmont, MO 63957 Full Service B&M $47,782
    Peoples Community Bank 200 East 2nd Street Annapolis, MO 63620 Full Service B&M $9,031
    Peoples Community Bank 33710 State Highway 112 Seligman, MO 65745 Full Service B&M $20,158
    Peoples Community Bank 3529 South Westwood Boulevard Poplar Bluff, MO 63901 Full Service B&M $26,760
    Peoples Community Bank 422 South Highway 51 Puxico, MO 63960 Full Service B&M $21,730
    Peoples Community Bank 600 Main Street Cabool, MO 65689 Full Service B&M $57,424
    Peoples Community Bank 630 W Hwy 60 Republic, MO 65738 Full Service B&M $12,291
    Peoples Community Bank 700 Hwy 21 North Ellington, MO 63638 Full Service B&M $49,248
    Peoples Community Bank 803 Pineville Rd Washburn, MO 65772 Full Service B&M $11,831
    Peoples Community Bank Highway D And T Wappapello, MO 63966 Full Service B&M $11,067
    Peoples Community Bank Highways 142 And 160 Doniphan, MO 63935 Full Service B&M $40,693
    Peoples Community Bank Kelsey Avenue And Highway 142 Naylor, MO 63953 Full Service B&M $10,621
    Peoples Community Bank St Hwy 67 & Sycamore St Greenville, MO 63944 Full Service B&M $20,986
    Peoples Community Bank State Highway 72 And 4th Street Bunker, MO 63629 Full Service B&M $16,822

    For 2018, Peoples Community Bank had 15 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $23,988
    Net interest income $20,816
    Total noninterest income $3,976
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $2,230
    Trading account gains and fees $0
    Additional Noninterest Income $1,746
    Pre-tax net operating income $13,125
    Securities gains (or losses, -) $0
    Income before extraordinary items $13,125
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $13,125
    Minority interest net income $0
    Net income $13,125
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $13,125

    Peoples Community Bank's gross interest income from loans was $23,988,000.
    Peoples Community Bank's net interest income from loans was $20,816,000.
    Peoples Community Bank's fee based income from loans was $2,230,000.
    Peoples Community Bank's net income from loans was $13,125,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,172
    Provision for credit losses $809
    Total noninterest expense $10,858
    Salaries and employee benefits $5,611
    Premises and equipment expense $1,137
    Additional noninterest expense $4,110
    Applicable income taxes $0
    Net charge-offs $708
    Cash dividends $6,500

    Peoples Community Bank's interest expense for loans was $3,172,000.
    Peoples Community Bank's payroll and benefits expense were $5,611,000.
    Peoples Community Bank's property, plant and equipment expenses $1,137,000.

    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 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 2.0%
    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 $378,511
    Deposits held in domestic offices $378,511
    Deposits by Individuals, partnerships, and corporations $319,957
    Deposits by U.S. Government $251
    Deposits by States and political subdivisions in the U.S. $58,053
    Deposits by Commercial banks and other depository institutions in U.S. $250
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $149,337
    Demand deposits $51,840
    Nontransaction accounts $229,174
    Money market deposit accounts (MMDAs) $41,941
    Other savings deposits (excluding MMDAs) $43,934
    Total time deposits $143,299
    Total time and savings deposits $326,671
    Noninterest-bearing deposits $39,704
    Interest-bearing deposits $338,807
    Retail deposits $341,571
    IRAs and Keogh plan accounts $18,574
    Brokered deposits $1,000
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $469,116
    Cash & Balances due from depository institutions $11,859
    Interest-bearing balances $61
    Total securities $103,375
    Federal funds sold & reverse repurchase $3,374
    Net loans and leases $325,408
    Loan and leases loss allowance $3,701
    Trading account assets $0
    Bank premises and fixed assets $6,853
    Other real estate owned $449
    Goodwill and other intangibles $3,209
    All other assets $14,589

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $469,115
    Total Liabilities $388,962
    Total deposits $378,511
    Interest-bearing deposits $338,807
    Deposits held in domestic offices $378,511
    % insured (estimated) $79
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $9,994
    Subordinated debt $0
    All other liabilities $457

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $325,408
    Loan and leases loss allowance $3,701
    Total loans and leases (domestic) $329,109
    All real estate loans $283,165
    Real estate loans in domestic offices $283,165
    Construction and development loans $11,625
    Residential 1-4 family construction $8,067
    Other construction, all land development and other land $3,558
    Loans secured by nonfarm nonresidential properties $82,383
    Nonfarm nonresidential secured by owner-occupied properties $6,957
    Commercial real estate & other non-farm, non-residential $75,426
    Multifamily residential real estate $995
    1-4 family residential loans $164,521
    Farmland loans $23,641
    Loans held in foreign offices $0
    Farm loans $4,441
    Commercial and industrial loans $12,255
    To non-U.S. addressees $0
    Loans to individuals $27,301
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $21,662
    Other loans to individuals $5,639
    All other loans & leases $1,947
    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 $31
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Peoples Community Bank had $325,408,000 of loans outstanding in 2018. $283,165,000 of loans were in real estate loans. $11,625,000 of loans were in development loans. $995,000 of loans were in multifamily mortgage loans. $164,521,000 of loans were in 1-4 family mortgage loans. $4,441,000 of loans were in farm loans. $0 of loans were in credit card loans. $21,662,000 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 618 $52,390 $84,773
    Nonfarm, nonresidential loans - <$100k 392 $13,990 $35,689
    Nonfarm, nonresidential loans - $100-250k 144 $15,808 $109,778
    Nonfarm, nonresidential loans - $250k-1MM 82 $22,592 $275,512
    Commercial & Industrial, US addressed loans - <$1MM 354 $11,616 $32,814
    Commercial & Industrial, US addressed loans - <$100k 318 $4,996 $15,711
    Commercial & Industrial, US addressed loans - $100-250k 25 $2,822 $112,880
    Commercial & Industrial, US addressed loans - $250k-1MM 11 $3,798 $345,273
    Farmland loans - <$1MM 130 $10,532 $81,015
    Farmland loans - <$100k 82 $2,945 $35,915
    Farmland loans - $100-250k 35 $3,987 $113,914
    Farmland loans - $250k-1MM 13 $3,600 $276,923
    Agriculture operations loans - <$1MM 158 $4,441 $28,108
    Agriculture operations loans - <$100k 145 $2,411 $16,628
    Agriculture operations loans - $100-250k 10 $1,100 $110,000
    Agriculture operations loans - $250k-1MM 3 $930 $310,000