Farmers State Bank & Trust Co. Mortgage Rates, Fees & Info
Church Point, LA
LEI: 549300YBDQ281GX1LB13
Tax ID: 72-0358475
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Mortgage Data
Bank Data
Review & Overview
Farmers State Bank & Trust Co. is a smaller bank specializing in
various types of mortgages.
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SimulatedRates™
Mortgage Type
|
Simulated Rate |
Simulation Date |
| 15 Year Conventional Purchase |
10.77% |
7/19/25 |
| 15 Year Conventional Refi |
6.00% |
7/19/25 |
| 15 Year Cash-out Refi |
6.00% |
7/19/25 |
|
These are simulated rates generated by our proprietary machine learning models.
These are not guaranteed by the bank. They are our estimates based on a lender's past
behaviors combined with current market conditions. Contact an individual lender for their actual
rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for
conventional. These are based on consensus, historical data-- not advertised promotional rates.
|
Farmers State Bank & Trust Co. Mortgage Calculator
Your Estimates
Estimated Loan Payment:
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This is not an official calculator from Farmers State Bank & Trust Co.. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
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
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.
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 |