Exchange Bank Of Missouri Mortgage Rates, Fees & Info

Fayette, MO

LEI: 2549005PPHHZWJNR6L41

Tax ID: 43-0263000

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • 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

    Exchange Bank Of Missouri is a smaller bank specializing in Home Purchase and Refi loans. Exchange Bank Of Missouri has a high proportion of conventional loans. Their top markets by origination volume include: Columbia, Jefferson City, Marshall, Kansas City, and Sedalia among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Exchange Bank Of Missouri has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.

    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.

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    Originations

    105

    Origination Dollar Volume (All Markets)

    $12,255,000

    Employee count

    46

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    COLUMBIA, MO (FHA|USDA|VA) 39 $4,585,000 $117,564 $0 0.00%
    JEFFERSON CITY, MO (FHA|USDA|VA) 25 $2,695,000 $107,800 $0 0.00%
    Marshall, MO (FHA|USDA|VA) 23 $2,195,000 $95,435 $0 0.00%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 8 $1,160,000 $145,000 $0 0.00%
    Outside of Metro Areas 5 $975,000 $195,000 $0 0.00%
    Sedalia, MO (FHA|USDA|VA) 2 $410,000 $205,000 $0 0.00%
    Moberly, MO (FHA|USDA|VA) 3 $235,000 $78,333 $0 0.00%
    Exchange Bank Of Missouri's top markets include Columbia, Jefferson City, Marshall, Kansas City, and Sedalia among others.

    Their top states include:
  • Missouri (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Exchange Bank of Missouri based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    WEST COMMUNITY
    Similarity Rank: 45
    American Bank of Missouri
    Similarity Rank: 63
    MISSOURI Credit Union
    Similarity Rank: 304
    Capitol Federal Savings Bank
    Similarity Rank: 380
    Hawthorn Bank
    Similarity Rank: 391
    The Bank of Missouri
    Similarity Rank: 513
    First State Community Bank
    Similarity Rank: 672
    Central Bank of Boone County
    Similarity Rank: 810
    Jefferson Bank of Missouri
    Similarity Rank: 880
    Landmark Bank
    Similarity Rank: 1300

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 95 $10,945,000 $115,211 $0 0.00%
    USDA 10 $1,310,000 $131,000 $0 0.00%

    For 2019, Exchange Bank Of Missouri's most frequently originated type of loan was Conventional, with 95 originations. Their 2nd most popular type was USDA, with 10 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 53 $6,725,000 $126,887 $0 0.00%
    Cash Out Refi 26 $2,360,000 $90,769 $0 0.00%
    Refi 24 $3,140,000 $130,833 $0 0.00%
    Home Improvement 2 $30,000 $15,000 $0 0.00%

    For 2019, Exchange Bank Of Missouri's most frequently cited loan purpose was Home Purchase, with 53 originations. The 2nd most popular reason was Cash Out Refi, with 26 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 104 $12,210,000 $117,404 $0 0.00%
    20 Year 1 $45,000 $45,000 $0 0.00%

    For 2019, Exchange Bank Of Missouri's most frequently cited loan duration was Other, with 104 originations. The 2nd most popular length was 20 Year, with 1 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 50 $2,500,000 $50,000 $0 0.00%
    $100k-200k 42 $5,950,000 $141,667 $0 0.00%
    $200k-400k 12 $3,320,000 $276,667 $0 0.00%
    $400k-600k 1 $485,000 $485,000 $0 0.00%

    2019 saw Exchange Bank Of Missouri place emphasis on $100,000 or less loans with 50 originations, totaling $2,500,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 32 $2,230,000 $69,688 $0 0.00%
    $50k-75k 28 $2,730,000 $97,500 $0 0.00%
    $75k-100k 18 $2,180,000 $121,111 $0 0.00%
    $100k-150k 11 $2,415,000 $219,545 $0 0.00%
    $150k-250k 9 $1,965,000 $218,333 $0 0.00%
    $250k+ 2 $230,000 $115,000 $0 0.00%

    Exchange Bank Of Missouri lent most frequently to those with incomes in the $50k or less range, with 32 originations. The second most popular income band? $50k-75k, with 28 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 105 $12,255,000 $116,714 $0 0.00%

    Exchange Bank Of Missouri lent most frequently to those with DTI ratios of Exempt%, with 105 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 96 $11,400,000 $118,750 $0 0.00%
    Not applicable 5 $505,000 $101,000 $0 0.00%
    Not provided 3 $345,000 $115,000 $0 0.00%
    Black 1 $5,000 $5,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    89.68%

    Exchange Bank Of Missouri has an average approval rate.

    Pick Rate

    Approvals leading to origination
    92.38%

    Exchange Bank Of Missouri has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 105 $12,255,000 $116,714

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $305,000 $305,000
    Single Family (1-4 Units):Manufactured 10 $420,000 $42,000
    Single Family (1-4 Units):Site-Built 94 $11,530,000 $122,660

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1 $45,000 $45,000 $0 0.00%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Exchange Bank of Missouri 101 South Church Street Fayette, MO 65248 Full Service B&M $47,761
    Exchange Bank of Missouri 102 East Broadway New Franklin, MO 65274 Full Service B&M $20,860
    Exchange Bank of Missouri 201 West Maple Slater, MO 65349 Full Service B&M $43,137
    Exchange Bank of Missouri 601 Court Street Fulton, MO 65251 Full Service B&M $24,819
    Exchange Bank of Missouri 929 West Vest Street Marshall, MO 65340 Full Service B&M $43,100

    For 2019, Exchange Bank Of Missouri had 5 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $10,814
    Net interest income $8,121
    Total noninterest income $1,374
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $540
    Trading account gains and fees $0
    Additional Noninterest Income $834
    Pre-tax net operating income $3,923
    Securities gains (or losses, -) $0
    Income before extraordinary items $2,971
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $2,971
    Minority interest net income $0
    Net income $2,971
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $2,971

    Exchange Bank Of Missouri's gross interest income from loans was $10,814,000.
    Exchange Bank Of Missouri's net interest income from loans was $8,121,000.
    Exchange Bank Of Missouri's fee based income from loans was $540,000.
    Exchange Bank Of Missouri's net income from loans was $2,971,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,693
    Provision for credit losses $626
    Total noninterest expense $4,946
    Salaries and employee benefits $2,866
    Premises and equipment expense $633
    Additional noninterest expense $1,447
    Applicable income taxes $952
    Net charge-offs $433
    Cash dividends $590

    Exchange Bank Of Missouri's interest expense for loans was $2,693,000.
    Exchange Bank Of Missouri's payroll and benefits expense were $2,866,000.
    Exchange Bank Of Missouri's property, plant and equipment expenses $633,000.

    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 4.0%
    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 $189,959
    Deposits held in domestic offices $189,959
    Deposits by Individuals, partnerships, and corporations $148,321
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $41,638
    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 $71,333
    Demand deposits $22,285
    Nontransaction accounts $118,626
    Money market deposit accounts (MMDAs) $49,622
    Other savings deposits (excluding MMDAs) $12,589
    Total time deposits $56,415
    Total time and savings deposits $167,674
    Noninterest-bearing deposits $22,285
    Interest-bearing deposits $167,674
    Retail deposits $180,719
    IRAs and Keogh plan accounts $9,426
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $219,165
    Cash & Balances due from depository institutions $7,472
    Interest-bearing balances $464
    Total securities $16,544
    Federal funds sold & reverse repurchase $3,302
    Net loans and leases $178,022
    Loan and leases loss allowance $1,784
    Trading account assets $0
    Bank premises and fixed assets $5,090
    Other real estate owned $425
    Goodwill and other intangibles $2,130
    All other assets $6,180

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $219,165
    Total Liabilities $193,685
    Total deposits $189,959
    Interest-bearing deposits $167,674
    Deposits held in domestic offices $189,959
    % insured (estimated) $76
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $2,500
    Subordinated debt $0
    All other liabilities $1,226

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $178,022
    Loan and leases loss allowance $1,784
    Total loans and leases (domestic) $179,806
    All real estate loans $140,245
    Real estate loans in domestic offices $140,245
    Construction and development loans $5,993
    Residential 1-4 family construction $4,215
    Other construction, all land development and other land $1,778
    Loans secured by nonfarm nonresidential properties $37,561
    Nonfarm nonresidential secured by owner-occupied properties $23,542
    Commercial real estate & other non-farm, non-residential $14,019
    Multifamily residential real estate $3,546
    1-4 family residential loans $24,841
    Farmland loans $68,304
    Loans held in foreign offices $0
    Farm loans $20,910
    Commercial and industrial loans $15,131
    To non-U.S. addressees $0
    Loans to individuals $3,066
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $2,073
    Other loans to individuals $993
    All other loans & leases $454
    Loans to foreign governments and official institutions $0
    Other loans $387
    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 $38
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Exchange Bank of Missouri had $178,022,000 of loans outstanding in 2019. $140,245,000 of loans were in real estate loans. $5,993,000 of loans were in development loans. $3,546,000 of loans were in multifamily mortgage loans. $24,841,000 of loans were in 1-4 family mortgage loans. $20,910,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,073,000 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 133 $26,460 $198,947
    Nonfarm, nonresidential loans - <$100k 69 $2,678 $38,812
    Nonfarm, nonresidential loans - $100-250k 25 $4,512 $180,480
    Nonfarm, nonresidential loans - $250k-1MM 39 $19,270 $494,103
    Commercial & Industrial, US addressed loans - <$1MM 281 $15,131 $53,847
    Commercial & Industrial, US addressed loans - <$100k 242 $5,292 $21,868
    Commercial & Industrial, US addressed loans - $100-250k 25 $4,127 $165,080
    Commercial & Industrial, US addressed loans - $250k-1MM 14 $5,712 $408,000
    Farmland loans - <$1MM 187 $28,074 $150,128
    Farmland loans - <$100k 86 $3,703 $43,058
    Farmland loans - $100-250k 60 $9,516 $158,600
    Farmland loans - $250k-1MM 41 $14,855 $362,317
    Agriculture operations loans - <$1MM 300 $15,325 $51,083
    Agriculture operations loans - <$100k 263 $6,746 $25,650
    Agriculture operations loans - $100-250k 24 $3,980 $165,833
    Agriculture operations loans - $250k-1MM 13 $4,599 $353,769