About Marion Bank and Trust Company

Marion Bank and Trust Company was established on 1934. The bank's headquarters are located at 332 South Washington Street in Marion, Alabama.

Marion Bank and Trust Company is an FDIC insured bank with FDIC number 14184 managing assets to the value of $294,841 as of 12/31/2020.

Marion Bank and Trust Company has a Texas ratio of 8.93%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

8.93%
Texas Ratio
FDIC Certificate #

14184

Active Insured Since #

2/4/1934

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $294,841
Equity Capital $34,245
Total Deposits $260,089
Total Liabilities $260,596
Total Securities $110,208
Net Loans And Leases $158,666
Loan Loss Allowance $3,546
Total Loans And Leases $162,212
YTD (as of 12/31/2020)
Return On Assets -0.22%
Return On Equity -1.89%
Total Interest Income $11,234
Total Interest Expense $3,126
Total Non Interest Income $489
Total Non Interest Expense $7,508

Headquarters

332 South Washington Street 36756, Marion

Marion Bank and Trust Company branches near me

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Total Loans and Leases Statistics

Total Loans and Leases $162,212 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

Marion Bank and Trust Company Mortgage Loans Profile

Classic Bank

73.85%

Application Approval Rate

Classic Bank

$155,729

Average Mortgage Loan Amount

Classic Bank

130

Number of Loan Applications

Classic Bank

$90,817

Average Income of Applicants with Approved Loans

Classic Bank

0.00%

Average Cost of Loans

Classic Bank

0.00%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Perry

Number of Loan Applications
46
Average Loan Amount
$110,313
Approval Rate
69.57%
Average Income of Approved Loans’ Applicants
$63,345

2 Dallas

Number of Loan Applications
40
Average Loan Amount
$135,333
Approval Rate
75.00%
Average Income of Approved Loans’ Applicants
$97,880

3 Chilton

Number of Loan Applications
25
Average Loan Amount
$247,500
Approval Rate
64.00%
Average Income of Approved Loans’ Applicants
$115,846

4 Bibb

Number of Loan Applications
4
Average Loan Amount
$140,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$98,000

5 Hale

Number of Loan Applications
4
Average Loan Amount
$190,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$100,250

6 Coosa

Number of Loan Applications
3
Average Loan Amount
$208,333
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$151,333

Top States by Number of Mortgage Loan Applications

1 Alabama

Number of Loan Applications
129
Average Loan Amount
$156,579
Approval Rate
73.64%
Average Income of Approved Loans’ Applicants
$91,704

2 Mississippi

Number of Loan Applications
1
Average Loan Amount
$75,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$19,000