Tempo Bank A Federal Savings Bank Mortgage Rates, Fees & Info

Trenton, IL

LEI: 875500S0BR039MXM0805

Tax ID: 37-0554470

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

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

    Tempo Bank A Federal Savings Bank is a smaller bank specializing in various types of mortgages.



    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    0

    Origination Dollar Volume (All Markets)

    $0

    Employee count

    17

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Tempo Bank, A Federal Savings Bank 28 West Broadway Street Trenton, IL 62293 Full Service B&M $55,172
    Tempo Bank, A Federal Savings Bank 301 North Fourth Street Breese, IL 62230 Full Service B&M $19,300

    For 2018, Tempo Bank A Federal Savings Bank had 2 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $3,624
    Net interest income $2,709
    Total noninterest income $122
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $56
    Trading account gains and fees $0
    Additional Noninterest Income $66
    Pre-tax net operating income $72
    Securities gains (or losses, -) $0
    Income before extraordinary items $58
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $58
    Minority interest net income $0
    Net income $58
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $58

    Tempo Bank A Federal Savings Bank's gross interest income from loans was $3,624,000.
    Tempo Bank A Federal Savings Bank's net interest income from loans was $2,709,000.
    Tempo Bank A Federal Savings Bank's fee based income from loans was $56,000.
    Tempo Bank A Federal Savings Bank's net income from loans was $58,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $915
    Provision for credit losses $20
    Total noninterest expense $2,739
    Salaries and employee benefits $1,504
    Premises and equipment expense $300
    Additional noninterest expense $935
    Applicable income taxes $14
    Net charge-offs $0
    Cash dividends $0

    Tempo Bank A Federal Savings Bank's interest expense for loans was $915,000.
    Tempo Bank A Federal Savings Bank's payroll and benefits expense were $1,504,000.
    Tempo Bank A Federal Savings Bank's property, plant and equipment expenses $300,000.

    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 9.0%
    Credit card loans 0.0%
    Other individual loans 9.0%
    Auto loans 0.0%
    Other consumer loans 9.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $72,929
    Deposits held in domestic offices $72,929
    Deposits by Individuals, partnerships, and corporations $71,919
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $1,010
    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 $12,912
    Demand deposits $5,286
    Nontransaction accounts $60,017
    Money market deposit accounts (MMDAs) $7,372
    Other savings deposits (excluding MMDAs) $13,038
    Total time deposits $39,609
    Total time and savings deposits $67,643
    Noninterest-bearing deposits $12,912
    Interest-bearing deposits $60,017
    Retail deposits $68,085
    IRAs and Keogh plan accounts $5,770
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $96,527
    Cash & Balances due from depository institutions $1,334
    Interest-bearing balances $0
    Total securities $0
    Federal funds sold & reverse repurchase $7,207
    Net loans and leases $85,787
    Loan and leases loss allowance $196
    Trading account assets $0
    Bank premises and fixed assets $1,122
    Other real estate owned $115
    Goodwill and other intangibles $0
    All other assets $962

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $96,527
    Total Liabilities $85,689
    Total deposits $72,929
    Interest-bearing deposits $60,017
    Deposits held in domestic offices $72,929
    % insured (estimated) $95
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $12,319
    Subordinated debt $0
    All other liabilities $441

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $85,787
    Loan and leases loss allowance $196
    Total loans and leases (domestic) $85,983
    All real estate loans $83,162
    Real estate loans in domestic offices $83,162
    Construction and development loans $708
    Residential 1-4 family construction $0
    Other construction, all land development and other land $708
    Loans secured by nonfarm nonresidential properties $843
    Nonfarm nonresidential secured by owner-occupied properties $0
    Commercial real estate & other non-farm, non-residential $843
    Multifamily residential real estate $627
    1-4 family residential loans $80,571
    Farmland loans $413
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $1,678
    To non-U.S. addressees $0
    Loans to individuals $1,142
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $23
    Other loans to individuals $1,119
    All other loans & leases $1
    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 $442
    Non 1-4 family restructured loans & leases $107
    Total loans and leases (foreign) $0

    Tempo Bank A Federal Savings Bank had $85,787,000 of loans outstanding in 2018. $83,162,000 of loans were in real estate loans. $708,000 of loans were in development loans. $627,000 of loans were in multifamily mortgage loans. $80,571,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $23,000 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 4 $843 $210,750
    Nonfarm, nonresidential loans - $250k-1MM 4 $843 $210,750
    Commercial & Industrial, US addressed loans - <$1MM 7 $1,678 $239,714
    Commercial & Industrial, US addressed loans - $100-250k 3 $301 $100,333
    Commercial & Industrial, US addressed loans - $250k-1MM 4 $1,377 $344,250
    Farmland loans - <$1MM 5 $412 $82,400
    Farmland loans - <$100k 3 $61 $20,333
    Farmland loans - $100-250k 2 $351 $175,500