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

Trenton, IL

LEI: 875500S0BR039MXM0805

Tax ID: 37-0554470

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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

    Tempo Bank A Federal Savings 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

    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 $55,136
    Tempo Bank, A Federal Savings Bank 301 North Fourth Street Breese, IL 62230 Full Service B&M $19,701

    For 2019, Tempo Bank A Federal Savings Bank had 2 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $3,657
    Net interest income $2,412
    Total noninterest income $137
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $59
    Trading account gains and fees $0
    Additional Noninterest Income $78
    Pre-tax net operating income $142
    Securities gains (or losses, -) $0
    Income before extraordinary items $87
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $87
    Minority interest net income $0
    Net income $87
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $87

    Tempo Bank A Federal Savings Bank's gross interest income from loans was $3,657,000.
    Tempo Bank A Federal Savings Bank's net interest income from loans was $2,412,000.
    Tempo Bank A Federal Savings Bank's fee based income from loans was $59,000.
    Tempo Bank A Federal Savings Bank's net income from loans was $87,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,245
    Provision for credit losses $4
    Total noninterest expense $2,403
    Salaries and employee benefits $1,456
    Premises and equipment expense $267
    Additional noninterest expense $680
    Applicable income taxes $55
    Net charge-offs $39
    Cash dividends $0

    Tempo Bank A Federal Savings Bank's interest expense for loans was $1,245,000.
    Tempo Bank A Federal Savings Bank's payroll and benefits expense were $1,456,000.
    Tempo Bank A Federal Savings Bank's property, plant and equipment expenses $267,000.

    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 7.0%
    Credit card loans 0.0%
    Other individual loans 7.0%
    Auto loans 0.0%
    Other consumer loans 12.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $75,845
    Deposits held in domestic offices $75,845
    Deposits by Individuals, partnerships, and corporations $75,257
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $588
    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 $12,707
    Demand deposits $5,400
    Nontransaction accounts $63,138
    Money market deposit accounts (MMDAs) $6,460
    Other savings deposits (excluding MMDAs) $14,138
    Total time deposits $42,540
    Total time and savings deposits $70,445
    Noninterest-bearing deposits $12,707
    Interest-bearing deposits $63,138
    Retail deposits $70,218
    IRAs and Keogh plan accounts $6,115
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $99,042
    Cash & Balances due from depository institutions $1,404
    Interest-bearing balances $0
    Total securities $0
    Federal funds sold & reverse repurchase $8,435
    Net loans and leases $86,924
    Loan and leases loss allowance $161
    Trading account assets $0
    Bank premises and fixed assets $1,036
    Other real estate owned $304
    Goodwill and other intangibles $0
    All other assets $939

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $99,042
    Total Liabilities $88,003
    Total deposits $75,845
    Interest-bearing deposits $63,138
    Deposits held in domestic offices $75,845
    % insured (estimated) $95
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $11,268
    Subordinated debt $0
    All other liabilities $890

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $86,924
    Loan and leases loss allowance $161
    Total loans and leases (domestic) $87,085
    All real estate loans $85,895
    Real estate loans in domestic offices $85,895
    Construction and development loans $798
    Residential 1-4 family construction $0
    Other construction, all land development and other land $798
    Loans secured by nonfarm nonresidential properties $1,942
    Nonfarm nonresidential secured by owner-occupied properties $0
    Commercial real estate & other non-farm, non-residential $1,942
    Multifamily residential real estate $1,590
    1-4 family residential loans $81,212
    Farmland loans $353
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $0
    To non-U.S. addressees $0
    Loans to individuals $1,190
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $457
    Other loans to individuals $733
    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 $142
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Tempo Bank A Federal Savings Bank had $86,924,000 of loans outstanding in 2019. $85,895,000 of loans were in real estate loans. $798,000 of loans were in development loans. $1,590,000 of loans were in multifamily mortgage loans. $81,212,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $457,000 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 10 $1,941 $194,100
    Nonfarm, nonresidential loans - <$100k 2 $95 $47,500
    Nonfarm, nonresidential loans - $100-250k 4 $530 $132,500
    Nonfarm, nonresidential loans - $250k-1MM 4 $1,316 $329,000
    Farmland loans - <$1MM 3 $353 $117,667
    Farmland loans - <$100k 1 $59 $59,000
    Farmland loans - $100-250k 2 $294 $147,000