Vermilion Valley Bank Mortgage Rates, Fees & Info
Piper City, IL
LEI: 549300U8Y61UKDC5ZF50
Tax ID: 37-0532910
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Mortgage Data
Bank Data
Review & Overview
Vermilion Valley Bank is a smaller bank specializing in
various types of mortgages.
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Originations
0
Origination Dollar Volume (All Markets)
$0
Employee count
19
Bank Details
Branches
| Bank Name |
Branch |
Branch Type |
Deposits (000's) |
| Vermilion Valley Bank |
111 West Hack Street Cullom, IL 60929 |
Full Service B&M
|
$28,725 |
| Vermilion Valley Bank |
4 East Peoria Piper City, IL 60959 |
Full Service B&M
|
$47,139 |
| Vermilion Valley Bank |
509 S 4th St Chatsworth, IL 60921 |
Full Service B&M
|
$10,574 |
| Vermilion Valley Bank |
Green Street Roberts, IL 60962 |
Full Service B&M
|
$41,039 |
| Vermilion Valley Bank |
Main & Railroad St Kempton, IL 60946 |
Full Service B&M
|
$7,002 |
For 2021, Vermilion Valley Bank had 5 branches.
Yearly Performance Overview
Bank Income
Vermilion Valley Bank's gross interest income from loans was $5,191,000.
Vermilion Valley Bank's net interest income from loans was $4,583,000.
Vermilion Valley Bank's fee based income from loans was $85,000.
Vermilion Valley Bank's net income from loans was $2,633,000.
Bank Expenses
| Item |
Value (in 000's) |
| Total interest expense |
$608 |
| Provision for credit losses |
$15 |
| Total noninterest expense |
$2,040 |
| Salaries and employee benefits |
$1,244 |
| Premises and equipment expense |
$142 |
| Additional noninterest expense |
$654 |
| Applicable income taxes |
$35 |
| Net charge-offs |
$-13 |
| Cash dividends |
$1,070 |
Vermilion Valley Bank's interest expense for loans was $608,000.
Vermilion Valley Bank's payroll and benefits expense were $1,244,000.
Vermilion Valley Bank's property, plant and equipment expenses $142,000.
Deposits
| Type |
Value (in 000's) |
| Total deposits |
$135,436 |
| Deposits held in domestic offices |
$135,436 |
| Deposits by Individuals, partnerships, and corporations |
$109,543 |
| Deposits by U.S. Government |
$0 |
| Deposits by States and political subdivisions in the U.S. |
$24,909 |
| Deposits by Commercial banks and other depository institutions in U.S. |
$984 |
| Deposits by Banks in foreign countries |
$0 |
| Deposits by Foreign governments and official institutions |
$0 |
| Transaction accounts |
$54,162 |
| Demand deposits |
$26,508 |
| Nontransaction accounts |
$81,274 |
| Money market deposit accounts (MMDAs) |
$27,745 |
| Other savings deposits (excluding MMDAs) |
$18,123 |
| Total time deposits |
$35,406 |
| Total time and savings deposits |
$108,928 |
| Noninterest-bearing deposits |
$26,508 |
| Interest-bearing deposits |
$108,928 |
| Retail deposits |
$127,858 |
| IRAs and Keogh plan accounts |
$7,093 |
| Brokered deposits |
$0 |
| Deposits held in foreign offices |
$0 |
Assets
| Asset |
Value (in 000's) |
| Total Assets |
$161,196 |
| Cash & Balances due from depository institutions |
$2,722 |
| Interest-bearing balances |
$1,562 |
| Total securities |
$50,886 |
| Federal funds sold & reverse repurchase |
$15,094 |
| Net loans and leases |
$88,874 |
| Loan and leases loss allowance |
$1,204 |
| Trading account assets |
$0 |
| Bank premises and fixed assets |
$822 |
| Other real estate owned |
$0 |
| Goodwill and other intangibles |
$800 |
| All other assets |
$1,998 |
Liabilities
| Liabilities |
Value (in 000's) |
| Total liabilities and capital |
$161,196 |
| Total Liabilities |
$135,669 |
| Total deposits |
$135,436 |
| Interest-bearing deposits |
$108,928 |
| Deposits held in domestic offices |
$135,436 |
| % insured (estimated) |
$80 |
| Federal funds purchased and repurchase agreements |
$0 |
| Trading liabilities |
$0 |
| Other borrowed funds |
$0 |
| Subordinated debt |
$0 |
| All other liabilities |
$233 |
Issued Loan Types
| Type |
Value (in 000's) |
| Net loans and leases |
$88,874 |
| Loan and leases loss allowance |
$1,204 |
| Total loans and leases (domestic) |
$90,078 |
| All real estate loans |
$58,674 |
| Real estate loans in domestic offices |
$58,674 |
| Construction and development loans |
$0 |
| Residential 1-4 family construction |
$0 |
| Other construction, all land development and other land |
$0 |
| Loans secured by nonfarm nonresidential properties |
$532 |
| Nonfarm nonresidential secured by owner-occupied properties |
$484 |
| Commercial real estate & other non-farm, non-residential |
$48 |
| Multifamily residential real estate |
$401 |
| 1-4 family residential loans |
$11,842 |
| Farmland loans |
$45,899 |
| Loans held in foreign offices |
$0 |
| Farm loans |
$24,802 |
| Commercial and industrial loans |
$3,885 |
| To non-U.S. addressees |
$0 |
| Loans to individuals |
$1,449 |
| Credit card loans |
$158 |
| Related Plans |
$0 |
| Consumer Auto Loans |
$958 |
| Other loans to individuals |
$333 |
| All other loans & leases |
$1,268 |
| Loans to foreign governments and official institutions |
$0 |
| Other loans |
$3 |
| 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 |
Vermilion Valley Bank had $88,874,000 of loans outstanding in 2021. $58,674,000 of loans were in real estate loans.
$0 of loans were in development loans. $401,000 of loans were in multifamily mortgage loans.
$11,842,000 of loans were in 1-4 family mortgage loans. $24,802,000 of loans were in farm loans. $158,000
of loans were in credit card loans. $958,000 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 |
16 |
$532 |
$33,250 |
| Nonfarm, nonresidential loans - <$100k |
14 |
$386 |
$27,571 |
| Nonfarm, nonresidential loans - $100-250k |
2 |
$146 |
$73,000 |
| Commercial & Industrial, US addressed loans - <$1MM |
71 |
$2,451 |
$34,521 |
| Commercial & Industrial, US addressed loans - <$100k |
60 |
$1,007 |
$16,783 |
| Commercial & Industrial, US addressed loans - $100-250k |
9 |
$720 |
$80,000 |
| Commercial & Industrial, US addressed loans - $250k-1MM |
2 |
$724 |
$362,000 |
| Farmland loans - <$1MM |
65 |
$11,299 |
$173,831 |
| Farmland loans - <$100k |
13 |
$590 |
$45,385 |
| Farmland loans - $100-250k |
26 |
$3,396 |
$130,615 |
| Farmland loans - $250k-1MM |
26 |
$7,313 |
$281,269 |
| Agriculture operations loans - <$1MM |
138 |
$9,746 |
$70,623 |
| Agriculture operations loans - <$100k |
82 |
$1,618 |
$19,732 |
| Agriculture operations loans - $100-250k |
30 |
$2,500 |
$83,333 |
| Agriculture operations loans - $250k-1MM |
26 |
$5,628 |
$216,462 |