Murphy-wall State Bank And Trust Company Mortgage Rates, Fees & Info
Pinckneyville, ILLEI: 2549006I89JVMC44TE62
Tax ID: 37-0433210
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Mortgage Data
Bank Data
Review & Overview
Murphy-wall State Bank And Trust Company is a smaller bank specializing in Home Purchase, Refi, and Cash Out Refi loans. Murphy-wall State Bank And Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Carbondale, St. Louis, Lexington, Terre Haute, and Cape Girardeau among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)Murphy-wall State Bank And Trust Company has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
120Origination Dollar Volume (All Markets)
$9,970,000Employee count
44Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 69 | $4,805,000 | $69,638 | $0 | 0.00% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 44 | $4,530,000 | $102,955 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 4 | $460,000 | $115,000 | $0 | 0.00% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
| CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 120 | $9,970,000 | $83,083 | $0 | 0.00% |
For 2019, Murphy-wall State Bank And Trust Company's most frequently originated type of loan was Conventional, with 120 originations.
Loan Reason
For 2019, Murphy-wall State Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 44 originations. The 2nd most popular reason was Refi, with 34 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 120 | $9,970,000 | $83,083 | $0 | 0.00% |
For 2019, Murphy-wall State Bank And Trust Company's most frequently cited loan duration was Other, with 120 originations.
Loan Sizing
2019 saw Murphy-wall State Bank And Trust Company place emphasis on $100,000 or less loans with 85 originations, totaling $4,105,000 in origination value.
Applicant Income
Murphy-wall State Bank And Trust Company lent most frequently to those with incomes in the $50k or less range, with 34 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% | 120 | $9,970,000 | $83,083 | $0 | 0.00% |
Murphy-wall State Bank And Trust Company lent most frequently to those with DTI ratios of Exempt%, with 120 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 117 | $9,505,000 | $81,239 | $0 | 0.00% |
| Not provided | 2 | $280,000 | $140,000 | $0 | 0.00% |
| Black | 1 | $185,000 | $185,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications86.96%
Murphy-wall State Bank And Trust Company has an average approval rate.
Pick Rate
Approvals leading to origination83.33%
Murphy-wall State Bank And Trust Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 120 | $9,970,000 | $83,083 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 11 | $595,000 | $54,091 |
| Single Family (1-4 Units):Site-Built | 109 | $9,375,000 | $86,009 |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Murphy-Wall State Bank and Trust Company | 105 East Water Street Pinckneyville, IL 62274 | Full Service B&M | $76,769 |
| Murphy-Wall State Bank and Trust Company | 105 Williams Street Murphysboro, IL 62966 | Full Service B&M | $13,489 |
| Murphy-Wall State Bank and Trust Company | 107 West Commercial Drive Carterville, IL 62918 | Full Service B&M | $2,968 |
| Murphy-Wall State Bank and Trust Company | 110 S 4th St Elkville, IL 62932 | Full Service B&M | $16,674 |
For 2019, Murphy-wall State Bank And Trust Company had 4 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $5,199 |
| Net interest income | $4,604 |
| Total noninterest income | $973 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $206 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $767 |
| Pre-tax net operating income | $1,014 |
| Securities gains (or losses, -) | $96 |
| Income before extraordinary items | $906 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $906 |
| Minority interest net income | $0 |
| Net income | $906 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $827 |
Murphy-wall State Bank And Trust Company's gross interest income from loans was $5,199,000.
Murphy-wall State Bank And Trust Company's net interest income from loans was $4,604,000.
Murphy-wall State Bank And Trust Company's fee based income from loans was $206,000.
Murphy-wall State Bank And Trust Company's net income from loans was $906,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $595 |
| Provision for credit losses | $226 |
| Total noninterest expense | $4,337 |
| Salaries and employee benefits | $2,376 |
| Premises and equipment expense | $514 |
| Additional noninterest expense | $1,447 |
| Applicable income taxes | $204 |
| Net charge-offs | $85 |
| Cash dividends | $87 |
Murphy-wall State Bank And Trust Company's interest expense for loans was $595,000.
Murphy-wall State Bank And Trust Company's payroll and benefits expense were $2,376,000.
Murphy-wall State Bank And Trust Company's property, plant and equipment expenses $514,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 4.0% |
| Real Estate loans | 5.0% |
| Construction & Land Development loans | 0.0% |
| Nonfarm, nonresidential loans | 11.0% |
| Multifamily residential loans | 0.0% |
| 1-4 family residential loans | 2.0% |
| HELOC loans | 0.0% |
| All other family | 2.0% |
| Commercial & industrial loans | 0.0% |
| Personal loans | 0.0% |
| Credit card loans | 0.0% |
| Other individual loans | 0.0% |
| Auto loans | 1.0% |
| Other consumer loans | 0.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $113,206 |
| Deposits held in domestic offices | $113,206 |
| Deposits by Individuals, partnerships, and corporations | $92,253 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $20,953 |
| Deposits by Commercial banks and other depository institutions in U.S. | $1 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $52,278 |
| Demand deposits | $13,894 |
| Nontransaction accounts | $60,929 |
| Money market deposit accounts (MMDAs) | $14,756 |
| Other savings deposits (excluding MMDAs) | $21,206 |
| Total time deposits | $24,966 |
| Total time and savings deposits | $99,313 |
| Noninterest-bearing deposits | $14,182 |
| Interest-bearing deposits | $99,024 |
| Retail deposits | $103,398 |
| IRAs and Keogh plan accounts | $1,054 |
| Brokered deposits | $5,005 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $129,716 |
| Cash & Balances due from depository institutions | $6,989 |
| Interest-bearing balances | $2,417 |
| Total securities | $39,485 |
| Federal funds sold & reverse repurchase | $1,805 |
| Net loans and leases | $75,898 |
| Loan and leases loss allowance | $906 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $3,317 |
| Other real estate owned | $180 |
| Goodwill and other intangibles | $906 |
| All other assets | $1,136 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $129,716 |
| Total Liabilities | $113,895 |
| Total deposits | $113,206 |
| Interest-bearing deposits | $99,024 |
| Deposits held in domestic offices | $113,206 |
| % insured (estimated) | $87 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $128 |
| Subordinated debt | $0 |
| All other liabilities | $561 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $75,898 |
| Loan and leases loss allowance | $906 |
| Total loans and leases (domestic) | $76,804 |
| All real estate loans | $59,933 |
| Real estate loans in domestic offices | $59,933 |
| Construction and development loans | $3,256 |
| Residential 1-4 family construction | $1,147 |
| Other construction, all land development and other land | $2,109 |
| Loans secured by nonfarm nonresidential properties | $24,844 |
| Nonfarm nonresidential secured by owner-occupied properties | $12,874 |
| Commercial real estate & other non-farm, non-residential | $11,970 |
| Multifamily residential real estate | $496 |
| 1-4 family residential loans | $26,454 |
| Farmland loans | $4,883 |
| Loans held in foreign offices | $0 |
| Farm loans | $1,350 |
| Commercial and industrial loans | $9,337 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $2,733 |
| Credit card loans | $0 |
| Related Plans | $6 |
| Consumer Auto Loans | $949 |
| Other loans to individuals | $1,778 |
| All other loans & leases | $3,451 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $25 |
| 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 | $0 |
| Non 1-4 family restructured loans & leases | $0 |
| Total loans and leases (foreign) | $0 |
Murphy-Wall State Bank and Trust Company had $75,898,000 of loans outstanding in 2019. $59,933,000 of loans were in real estate loans. $3,256,000 of loans were in development loans. $496,000 of loans were in multifamily mortgage loans. $26,454,000 of loans were in 1-4 family mortgage loans. $1,350,000 of loans were in farm loans. $0 of loans were in credit card loans. $949,000 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 | 70 | $13,167 | $188,100 |
| Nonfarm, nonresidential loans - <$100k | 21 | $783 | $37,286 |
| Nonfarm, nonresidential loans - $100-250k | 20 | $2,305 | $115,250 |
| Nonfarm, nonresidential loans - $250k-1MM | 29 | $10,079 | $347,552 |
| Commercial & Industrial, US addressed loans - <$1MM | 118 | $9,337 | $79,127 |
| Commercial & Industrial, US addressed loans - <$100k | 73 | $1,967 | $26,945 |
| Commercial & Industrial, US addressed loans - $100-250k | 32 | $3,679 | $114,969 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 13 | $3,691 | $283,923 |
| Farmland loans - <$1MM | 20 | $2,662 | $133,100 |
| Farmland loans - <$100k | 9 | $422 | $46,889 |
| Farmland loans - $100-250k | 7 | $780 | $111,429 |
| Farmland loans - $250k-1MM | 4 | $1,460 | $365,000 |
| Agriculture operations loans - <$1MM | 33 | $1,350 | $40,909 |
| Agriculture operations loans - <$100k | 27 | $515 | $19,074 |
| Agriculture operations loans - $100-250k | 4 | $168 | $42,000 |
| Agriculture operations loans - $250k-1MM | 2 | $667 | $333,500 |