Farmers State Bank & Trust Co. Mortgage Rates, Fees & Info

Church Point, LA

LEI: 549300YBDQ281GX1LB13

Tax ID: 72-0358475

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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

    Farmers State Bank & Trust Co. is a smaller bank specializing in various types of mortgages.



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    Originations

    0

    Origination Dollar Volume (All Markets)

    $0

    Employee count

    43

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Farmers State Bank & Trust Co. 110 West Plaquemine Church Point, LA 70525 Full Service B&M $69,679
    Farmers State Bank & Trust Co. 1950 Ridge Road Duson, LA 70529 Full Service B&M $27,940
    Farmers State Bank & Trust Co. 216 Main Street Cankton, LA 70584 Full Service B&M $10,835
    Farmers State Bank & Trust Co. 250 South Main Street Church Point, LA 70525 Full Service B&M $11,294
    Farmers State Bank & Trust Co. 412 Iberia Street Youngsville, LA 70592 Full Service B&M $11,310

    For 2021, Farmers State Bank & Trust Co. had 5 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $5,224
    Net interest income $4,925
    Total noninterest income $781
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $434
    Trading account gains and fees $0
    Additional Noninterest Income $347
    Pre-tax net operating income $1,713
    Securities gains (or losses, -) $10
    Income before extraordinary items $1,723
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $1,723
    Minority interest net income $0
    Net income $1,723
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $1,713

    Farmers State Bank & Trust Co.'s gross interest income from loans was $5,224,000.
    Farmers State Bank & Trust Co.'s net interest income from loans was $4,925,000.
    Farmers State Bank & Trust Co.'s fee based income from loans was $434,000.
    Farmers State Bank & Trust Co.'s net income from loans was $1,723,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $299
    Provision for credit losses $45
    Total noninterest expense $3,948
    Salaries and employee benefits $2,524
    Premises and equipment expense $365
    Additional noninterest expense $1,059
    Applicable income taxes $0
    Net charge-offs $37
    Cash dividends $1,103

    Farmers State Bank & Trust Co.'s interest expense for loans was $299,000.
    Farmers State Bank & Trust Co.'s payroll and benefits expense were $2,524,000.
    Farmers State Bank & Trust Co.'s property, plant and equipment expenses $365,000.

    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 $130,450
    Deposits held in domestic offices $130,450
    Deposits by Individuals, partnerships, and corporations $116,605
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $13,845
    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 $69,583
    Demand deposits $54,919
    Nontransaction accounts $60,867
    Money market deposit accounts (MMDAs) $9,431
    Other savings deposits (excluding MMDAs) $23,486
    Total time deposits $27,950
    Total time and savings deposits $75,531
    Noninterest-bearing deposits $54,919
    Interest-bearing deposits $75,531
    Retail deposits $124,461
    IRAs and Keogh plan accounts $3,000
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $145,858
    Cash & Balances due from depository institutions $4,522
    Interest-bearing balances $0
    Total securities $38,977
    Federal funds sold & reverse repurchase $21,050
    Net loans and leases $75,862
    Loan and leases loss allowance $1,507
    Trading account assets $0
    Bank premises and fixed assets $1,723
    Other real estate owned $200
    Goodwill and other intangibles $0
    All other assets $3,524

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $145,858
    Total Liabilities $131,495
    Total deposits $130,450
    Interest-bearing deposits $75,531
    Deposits held in domestic offices $130,450
    % insured (estimated) $82
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $1,045

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $75,862
    Loan and leases loss allowance $1,507
    Total loans and leases (domestic) $77,369
    All real estate loans $57,952
    Real estate loans in domestic offices $57,952
    Construction and development loans $11,948
    Residential 1-4 family construction $2,462
    Other construction, all land development and other land $9,486
    Loans secured by nonfarm nonresidential properties $27,171
    Nonfarm nonresidential secured by owner-occupied properties $15,100
    Commercial real estate & other non-farm, non-residential $12,071
    Multifamily residential real estate $79
    1-4 family residential loans $14,409
    Farmland loans $4,345
    Loans held in foreign offices $0
    Farm loans $891
    Commercial and industrial loans $15,860
    To non-U.S. addressees $0
    Loans to individuals $2,666
    Credit card loans $0
    Related Plans $17
    Consumer Auto Loans $1,390
    Other loans to individuals $1,259
    All other loans & leases $0
    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 $545
    Non 1-4 family restructured loans & leases $545
    Total loans and leases (foreign) $0

    Farmers State Bank & Trust Co. had $75,862,000 of loans outstanding in 2021. $57,952,000 of loans were in real estate loans. $11,948,000 of loans were in development loans. $79,000 of loans were in multifamily mortgage loans. $14,409,000 of loans were in 1-4 family mortgage loans. $891,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,390,000 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 65 $11,787 $181,338
    Nonfarm, nonresidential loans - <$100k 23 $717 $31,174
    Nonfarm, nonresidential loans - $100-250k 24 $2,941 $122,542
    Nonfarm, nonresidential loans - $250k-1MM 18 $8,129 $451,611
    Commercial & Industrial, US addressed loans - <$1MM 327 $14,475 $44,266
    Commercial & Industrial, US addressed loans - <$100k 285 $6,219 $21,821
    Commercial & Industrial, US addressed loans - $100-250k 27 $3,008 $111,407
    Commercial & Industrial, US addressed loans - $250k-1MM 15 $5,248 $349,867
    Farmland loans - <$1MM 21 $2,204 $104,952
    Farmland loans - <$100k 10 $342 $34,200
    Farmland loans - $100-250k 6 $609 $101,500
    Farmland loans - $250k-1MM 5 $1,253 $250,600
    Agriculture operations loans - <$1MM 3 $381 $127,000
    Agriculture operations loans - <$100k 1 $64 $64,000
    Agriculture operations loans - $100-250k 2 $317 $158,500