Riverhills Bank Mortgage Rates, Fees & Info

Vicksburg, MS

LEI: 549300VRPB0NU0485164

Tax ID: 64-0224450

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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

    Riverhills 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

    57

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Riverhills Bank 100 Fountains Boulevard Madison, MS 39110 Full Service B&M $20,975
    Riverhills Bank 1400 Highway 61 North Bypass Vicksburg, MS 39183 Full Service B&M $168,865
    Riverhills Bank 2125 North Frontage Road Vicksburg, MS 39180 Full Service B&M $0
    Riverhills Bank 702 Market Street Port Gibson, MS 39150 Full Service B&M $135,651

    For 2021, Riverhills Bank had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $12,451
    Net interest income $10,850
    Total noninterest income $3,062
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $1,253
    Trading account gains and fees $0
    Additional Noninterest Income $1,809
    Pre-tax net operating income $6,208
    Securities gains (or losses, -) $-11
    Income before extraordinary items $6,197
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $6,197
    Minority interest net income $0
    Net income $6,197
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $6,208

    Riverhills Bank's gross interest income from loans was $12,451,000.
    Riverhills Bank's net interest income from loans was $10,850,000.
    Riverhills Bank's fee based income from loans was $1,253,000.
    Riverhills Bank's net income from loans was $6,197,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,601
    Provision for credit losses $330
    Total noninterest expense $7,374
    Salaries and employee benefits $4,523
    Premises and equipment expense $778
    Additional noninterest expense $2,073
    Applicable income taxes $0
    Net charge-offs $148
    Cash dividends $3,450

    Riverhills Bank's interest expense for loans was $1,601,000.
    Riverhills Bank's payroll and benefits expense were $4,523,000.
    Riverhills Bank's property, plant and equipment expenses $778,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 2.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 2.0%
    HELOC loans 1.0%
    All other family 2.0%
    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 $344,980
    Deposits held in domestic offices $344,980
    Deposits by Individuals, partnerships, and corporations $275,231
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $69,749
    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 $216,511
    Demand deposits $93,431
    Nontransaction accounts $128,469
    Money market deposit accounts (MMDAs) $8,103
    Other savings deposits (excluding MMDAs) $23,414
    Total time deposits $96,951
    Total time and savings deposits $251,549
    Noninterest-bearing deposits $93,431
    Interest-bearing deposits $251,548
    Retail deposits $324,992
    IRAs and Keogh plan accounts $12,612
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $395,425
    Cash & Balances due from depository institutions $36,318
    Interest-bearing balances $30,097
    Total securities $196,936
    Federal funds sold & reverse repurchase $0
    Net loans and leases $149,729
    Loan and leases loss allowance $5,069
    Trading account assets $0
    Bank premises and fixed assets $6,239
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $6,203

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $395,425
    Total Liabilities $353,649
    Total deposits $344,980
    Interest-bearing deposits $251,548
    Deposits held in domestic offices $344,980
    % insured (estimated) $66
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $8,021
    Subordinated debt $0
    All other liabilities $648

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $149,729
    Loan and leases loss allowance $5,069
    Total loans and leases (domestic) $154,798
    All real estate loans $117,798
    Real estate loans in domestic offices $117,798
    Construction and development loans $14,055
    Residential 1-4 family construction $6,696
    Other construction, all land development and other land $7,359
    Loans secured by nonfarm nonresidential properties $55,492
    Nonfarm nonresidential secured by owner-occupied properties $43,553
    Commercial real estate & other non-farm, non-residential $11,939
    Multifamily residential real estate $3,471
    1-4 family residential loans $33,614
    Farmland loans $11,166
    Loans held in foreign offices $0
    Farm loans $2,490
    Commercial and industrial loans $25,231
    To non-U.S. addressees $0
    Loans to individuals $4,565
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $630
    Other loans to individuals $3,935
    All other loans & leases $4,714
    Loans to foreign governments and official institutions $0
    Other loans $2,475
    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

    RiverHills Bank had $149,729,000 of loans outstanding in 2021. $117,798,000 of loans were in real estate loans. $14,055,000 of loans were in development loans. $3,471,000 of loans were in multifamily mortgage loans. $33,614,000 of loans were in 1-4 family mortgage loans. $2,490,000 of loans were in farm loans. $0 of loans were in credit card loans. $630,000 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 189 $35,269 $186,608
    Nonfarm, nonresidential loans - <$100k 80 $3,665 $45,813
    Nonfarm, nonresidential loans - $100-250k 66 $10,630 $161,061
    Nonfarm, nonresidential loans - $250k-1MM 43 $20,974 $487,767
    Commercial & Industrial, US addressed loans - <$1MM 369 $20,322 $55,073
    Commercial & Industrial, US addressed loans - <$100k 316 $7,667 $24,263
    Commercial & Industrial, US addressed loans - $100-250k 38 $5,533 $145,605
    Commercial & Industrial, US addressed loans - $250k-1MM 15 $7,122 $474,800
    Farmland loans - <$1MM 78 $8,295 $106,346
    Farmland loans - <$100k 46 $2,158 $46,913
    Farmland loans - $100-250k 27 $4,456 $165,037
    Farmland loans - $250k-1MM 5 $1,681 $336,200
    Agriculture operations loans - <$1MM 26 $1,329 $51,115
    Agriculture operations loans - <$100k 22 $712 $32,364
    Agriculture operations loans - $100-250k 4 $617 $154,250