New Century Bank Mortgage Rates, Fees & Info

Belleville, KS

LEI: 549300W6UP8EY0KSBG85

Tax ID: 48-0345880

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Mortgage Data

Bank Data

Review & Overview

New Century 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

18

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
New Century Bank 1211 28th Street Belleville, KS 66935 Full Service B&M $34,057
New Century Bank 2815 Anderson Avenue Manhattan, KS 66502 Full Service B&M $5,060

For 2018, New Century Bank had 2 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $3,592
Net interest income $3,067
Total noninterest income $914
Gross Fiduciary activities income $0
Service charges on deposit accounts $60
Trading account gains and fees $0
Additional Noninterest Income $854
Pre-tax net operating income $1,504
Securities gains (or losses, -) $0
Income before extraordinary items $1,456
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $1,456
Minority interest net income $0
Net income $1,456
Sale, conversion, retirement of capital stock, net $0
Net operating income $1,456

New Century Bank's gross interest income from loans was $3,592,000.
New Century Bank's net interest income from loans was $3,067,000.
New Century Bank's fee based income from loans was $60,000.
New Century Bank's net income from loans was $1,456,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $525
Provision for credit losses $160
Total noninterest expense $2,317
Salaries and employee benefits $1,204
Premises and equipment expense $269
Additional noninterest expense $844
Applicable income taxes $48
Net charge-offs $103
Cash dividends $655

New Century Bank's interest expense for loans was $525,000.
New Century Bank's payroll and benefits expense were $1,204,000.
New Century Bank's property, plant and equipment expenses $269,000.

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 2.0%
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 $47,394
Deposits held in domestic offices $47,394
Deposits by Individuals, partnerships, and corporations $42,369
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $2,567
Deposits by Commercial banks and other depository institutions in U.S. $2,459
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $8,442
Demand deposits $4,910
Nontransaction accounts $38,953
Money market deposit accounts (MMDAs) $5,508
Other savings deposits (excluding MMDAs) $2,421
Total time deposits $31,022
Total time and savings deposits $42,485
Noninterest-bearing deposits $5,102
Interest-bearing deposits $42,292
Retail deposits $43,563
IRAs and Keogh plan accounts $2,568
Brokered deposits $1,769
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $55,863
Cash & Balances due from depository institutions $3,869
Interest-bearing balances $2,940
Total securities $138
Federal funds sold & reverse repurchase $1,783
Net loans and leases $47,940
Loan and leases loss allowance $697
Trading account assets $0
Bank premises and fixed assets $1,394
Other real estate owned $0
Goodwill and other intangibles $0
All other assets $739

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $55,862
Total Liabilities $50,259
Total deposits $47,394
Interest-bearing deposits $42,292
Deposits held in domestic offices $47,394
% insured (estimated) $97
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $2,572
Subordinated debt $0
All other liabilities $293

Issued Loan Types

Type Value (in 000's)
Net loans and leases $47,940
Loan and leases loss allowance $697
Total loans and leases (domestic) $48,637
All real estate loans $42,950
Real estate loans in domestic offices $42,950
Construction and development loans $13,112
Residential 1-4 family construction $12,773
Other construction, all land development and other land $339
Loans secured by nonfarm nonresidential properties $3,177
Nonfarm nonresidential secured by owner-occupied properties $2,579
Commercial real estate & other non-farm, non-residential $598
Multifamily residential real estate $0
1-4 family residential loans $23,476
Farmland loans $3,185
Loans held in foreign offices $0
Farm loans $676
Commercial and industrial loans $1,414
To non-U.S. addressees $0
Loans to individuals $1,426
Credit card loans $0
Related Plans $0
Consumer Auto Loans $755
Other loans to individuals $671
All other loans & leases $2,170
Loans to foreign governments and official institutions $0
Other loans $1
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

New Century Bank had $47,940,000 of loans outstanding in 2018. $42,950,000 of loans were in real estate loans. $13,112,000 of loans were in development loans. $0 of loans were in multifamily mortgage loans. $23,476,000 of loans were in 1-4 family mortgage loans. $676,000 of loans were in farm loans. $0 of loans were in credit card loans. $755,000 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 7 $3,177 $453,857
Nonfarm, nonresidential loans - <$100k 7 $3,177 $453,857
Commercial & Industrial, US addressed loans - <$1MM 133 $1,414 $10,632
Commercial & Industrial, US addressed loans - <$100k 133 $1,414 $10,632
Farmland loans - <$1MM 37 $3,185 $86,081
Farmland loans - <$100k 37 $3,185 $86,081
Agriculture operations loans - <$1MM 26 $676 $26,000
Agriculture operations loans - <$100k 26 $676 $26,000