New Century Bank Mortgage Rates, Fees & Info

Belleville, KS

LEI: 549300W6UP8EY0KSBG85

Tax ID: 48-0345880

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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

    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

    21

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    New Century Bank 1211 28th Street Belleville, KS 66935 Full Service B&M $37,285
    New Century Bank 2815 Anderson Avenue Manhattan, KS 66502 Full Service B&M $13,425

    For 2021, New Century Bank had 2 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $4,082
    Net interest income $3,519
    Total noninterest income $1,002
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $51
    Trading account gains and fees $0
    Additional Noninterest Income $951
    Pre-tax net operating income $1,845
    Securities gains (or losses, -) $5
    Income before extraordinary items $1,775
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $1,775
    Minority interest net income $0
    Net income $1,775
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $1,770

    New Century Bank's gross interest income from loans was $4,082,000.
    New Century Bank's net interest income from loans was $3,519,000.
    New Century Bank's fee based income from loans was $51,000.
    New Century Bank's net income from loans was $1,775,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $563
    Provision for credit losses $0
    Total noninterest expense $2,676
    Salaries and employee benefits $1,479
    Premises and equipment expense $299
    Additional noninterest expense $898
    Applicable income taxes $75
    Net charge-offs $40
    Cash dividends $625

    New Century Bank's interest expense for loans was $563,000.
    New Century Bank's payroll and benefits expense were $1,479,000.
    New Century Bank's property, plant and equipment expenses $299,000.

    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 $46,942
    Deposits held in domestic offices $46,942
    Deposits by Individuals, partnerships, and corporations $44,977
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $1,964
    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 $12,490
    Demand deposits $6,477
    Nontransaction accounts $34,451
    Money market deposit accounts (MMDAs) $7,077
    Other savings deposits (excluding MMDAs) $4,128
    Total time deposits $23,246
    Total time and savings deposits $40,464
    Noninterest-bearing deposits $6,686
    Interest-bearing deposits $40,256
    Retail deposits $41,349
    IRAs and Keogh plan accounts $2,982
    Brokered deposits $1,500
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $56,481
    Cash & Balances due from depository institutions $5,845
    Interest-bearing balances $5,149
    Total securities $0
    Federal funds sold & reverse repurchase $0
    Net loans and leases $48,829
    Loan and leases loss allowance $881
    Trading account assets $0
    Bank premises and fixed assets $1,148
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $659

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $56,481
    Total Liabilities $49,004
    Total deposits $46,942
    Interest-bearing deposits $40,256
    Deposits held in domestic offices $46,942
    % insured (estimated) $93
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $1,859
    Subordinated debt $0
    All other liabilities $203

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $48,829
    Loan and leases loss allowance $881
    Total loans and leases (domestic) $49,710
    All real estate loans $43,971
    Real estate loans in domestic offices $43,971
    Construction and development loans $20,295
    Residential 1-4 family construction $20,295
    Other construction, all land development and other land $0
    Loans secured by nonfarm nonresidential properties $2,009
    Nonfarm nonresidential secured by owner-occupied properties $58
    Commercial real estate & other non-farm, non-residential $1,951
    Multifamily residential real estate $0
    1-4 family residential loans $18,957
    Farmland loans $2,710
    Loans held in foreign offices $0
    Farm loans $247
    Commercial and industrial loans $989
    To non-U.S. addressees $0
    Loans to individuals $3,362
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $1,080
    Other loans to individuals $2,282
    All other loans & leases $1,141
    Loans to foreign governments and official institutions $0
    Other loans $2
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $987
    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 $48,829,000 of loans outstanding in 2021. $43,971,000 of loans were in real estate loans. $20,295,000 of loans were in development loans. $0 of loans were in multifamily mortgage loans. $18,957,000 of loans were in 1-4 family mortgage loans. $247,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,080,000 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 18 $2,009 $111,611
    Nonfarm, nonresidential loans - <$100k 18 $2,009 $111,611
    Commercial & Industrial, US addressed loans - <$1MM 81 $989 $12,210
    Commercial & Industrial, US addressed loans - <$100k 81 $989 $12,210
    Farmland loans - <$1MM 29 $2,710 $93,448
    Farmland loans - <$100k 29 $2,710 $93,448
    Agriculture operations loans - <$1MM 20 $247 $12,350
    Agriculture operations loans - <$100k 20 $247 $12,350