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 Refi, Home Purchase, 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, Orlando, Champaign, and Indianapolis among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)Murphy-wall State Bank And Trust Company has an above 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
223Origination Dollar Volume (All Markets)
$29,485,000Employee count
48Top 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 |
|---|---|---|---|---|---|
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 94 | $13,770,000 | $146,489 | $0 | 0.00% |
| Outside of Metro Areas | 111 | $12,835,000 | $115,631 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 12 | $1,470,000 | $122,500 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 223 | $29,485,000 | $132,220 | $0 | 0.00% |
For 2020, Murphy-wall State Bank And Trust Company's most frequently originated type of loan was Conventional, with 223 originations.
Loan Reason
For 2020, Murphy-wall State Bank And Trust Company's most frequently cited loan purpose was Refi, with 78 originations. The 2nd most popular reason was Home Purchase, with 77 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 223 | $29,485,000 | $132,220 | $0 | 0.00% |
For 2020, Murphy-wall State Bank And Trust Company's most frequently cited loan duration was Other, with 223 originations.
Loan Sizing
2020 saw Murphy-wall State Bank And Trust Company place emphasis on $100,000 or less loans with 101 originations, totaling $6,125,000 in origination value.
Applicant Income
Murphy-wall State Bank And Trust Company lent most frequently to those with incomes in the $100k-150k range, with 56 originations. The second most popular income band? $50k-75k, with 42 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 223 | $29,485,000 | $132,220 | $0 | 0.00% |
Murphy-wall State Bank And Trust Company lent most frequently to those with DTI ratios of Exempt%, with 223 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.76%
Murphy-wall State Bank And Trust Company has an average approval rate.
Pick Rate
Approvals leading to origination87.00%
Murphy-wall State Bank And Trust Company has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 223 | $29,485,000 | $132,220 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 9 | $905,000 | $100,556 |
| Single Family (1-4 Units):Site-Built | 214 | $28,580,000 | $133,551 |
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 | $92,124 |
| Murphy-Wall State Bank and Trust Company | 105 Williams Street Murphysboro, IL 62966 | Full Service B&M | $14,685 |
| Murphy-Wall State Bank and Trust Company | 107 West Commercial Drive Carterville, IL 62918 | Full Service B&M | $3,457 |
| Murphy-Wall State Bank and Trust Company | 110 S 4th St Elkville, IL 62932 | Full Service B&M | $18,109 |
| Murphy-Wall State Bank and Trust Company | 2611 Blue Heron Dr Marion, IL 62959 | Full Service B&M | $36 |
For 2020, Murphy-wall State Bank And Trust Company had 5 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $5,536 |
| Net interest income | $4,935 |
| Total noninterest income | $1,425 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $159 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $1,266 |
| Pre-tax net operating income | $1,025 |
| Securities gains (or losses, -) | $8 |
| Income before extraordinary items | $835 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $835 |
| Minority interest net income | $0 |
| Net income | $835 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $828 |
Murphy-wall State Bank And Trust Company's gross interest income from loans was $5,536,000.
Murphy-wall State Bank And Trust Company's net interest income from loans was $4,935,000.
Murphy-wall State Bank And Trust Company's fee based income from loans was $159,000.
Murphy-wall State Bank And Trust Company's net income from loans was $835,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $601 |
| Provision for credit losses | $674 |
| Total noninterest expense | $4,661 |
| Salaries and employee benefits | $2,598 |
| Premises and equipment expense | $614 |
| Additional noninterest expense | $1,449 |
| Applicable income taxes | $198 |
| Net charge-offs | $15 |
| Cash dividends | $580 |
Murphy-wall State Bank And Trust Company's interest expense for loans was $601,000.
Murphy-wall State Bank And Trust Company's payroll and benefits expense were $2,598,000.
Murphy-wall State Bank And Trust Company's property, plant and equipment expenses $614,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 5.0% |
| Real Estate loans | 6.0% |
| Construction & Land Development loans | 0.0% |
| Nonfarm, nonresidential loans | 11.0% |
| Multifamily residential loans | 12.0% |
| 1-4 family residential loans | 3.0% |
| HELOC loans | 0.0% |
| All other family | 4.0% |
| Commercial & industrial loans | 5.0% |
| 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 | $133,104 |
| Deposits held in domestic offices | $133,104 |
| Deposits by Individuals, partnerships, and corporations | $105,060 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $28,034 |
| Deposits by Commercial banks and other depository institutions in U.S. | $10 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $62,135 |
| Demand deposits | $17,556 |
| Nontransaction accounts | $70,969 |
| Money market deposit accounts (MMDAs) | $20,204 |
| Other savings deposits (excluding MMDAs) | $25,566 |
| Total time deposits | $25,200 |
| Total time and savings deposits | $115,548 |
| Noninterest-bearing deposits | $17,875 |
| Interest-bearing deposits | $115,229 |
| Retail deposits | $122,506 |
| IRAs and Keogh plan accounts | $996 |
| Brokered deposits | $5,001 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $150,443 |
| Cash & Balances due from depository institutions | $8,513 |
| Interest-bearing balances | $3,352 |
| Total securities | $48,603 |
| Federal funds sold & reverse repurchase | $200 |
| Net loans and leases | $87,390 |
| Loan and leases loss allowance | $1,565 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $3,422 |
| Other real estate owned | $107 |
| Goodwill and other intangibles | $897 |
| All other assets | $1,311 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $150,442 |
| Total Liabilities | $133,799 |
| Total deposits | $133,104 |
| Interest-bearing deposits | $115,229 |
| Deposits held in domestic offices | $133,104 |
| % insured (estimated) | $83 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $96 |
| Subordinated debt | $0 |
| All other liabilities | $599 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $87,390 |
| Loan and leases loss allowance | $1,565 |
| Total loans and leases (domestic) | $88,955 |
| All real estate loans | $65,798 |
| Real estate loans in domestic offices | $65,798 |
| Construction and development loans | $6,606 |
| Residential 1-4 family construction | $2,020 |
| Other construction, all land development and other land | $4,586 |
| Loans secured by nonfarm nonresidential properties | $28,985 |
| Nonfarm nonresidential secured by owner-occupied properties | $13,541 |
| Commercial real estate & other non-farm, non-residential | $15,444 |
| Multifamily residential real estate | $1,095 |
| 1-4 family residential loans | $25,561 |
| Farmland loans | $3,551 |
| Loans held in foreign offices | $0 |
| Farm loans | $1,414 |
| Commercial and industrial loans | $12,837 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $5,721 |
| Credit card loans | $0 |
| Related Plans | $5 |
| Consumer Auto Loans | $1,128 |
| Other loans to individuals | $4,588 |
| All other loans & leases | $3,185 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $2 |
| 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 $87,390,000 of loans outstanding in 2020. $65,798,000 of loans were in real estate loans. $6,606,000 of loans were in development loans. $1,095,000 of loans were in multifamily mortgage loans. $25,561,000 of loans were in 1-4 family mortgage loans. $1,414,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,128,000 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 | 75 | $14,306 | $190,747 |
| Nonfarm, nonresidential loans - <$100k | 25 | $941 | $37,640 |
| Nonfarm, nonresidential loans - $100-250k | 24 | $3,079 | $128,292 |
| Nonfarm, nonresidential loans - $250k-1MM | 26 | $10,286 | $395,615 |
| Commercial & Industrial, US addressed loans - <$1MM | 118 | $8,878 | $75,237 |
| Commercial & Industrial, US addressed loans - <$100k | 74 | $1,785 | $24,122 |
| Commercial & Industrial, US addressed loans - $100-250k | 30 | $3,335 | $111,167 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 14 | $3,758 | $268,429 |
| Farmland loans - <$1MM | 21 | $2,350 | $111,905 |
| Farmland loans - <$100k | 11 | $406 | $36,909 |
| Farmland loans - $100-250k | 6 | $719 | $119,833 |
| Farmland loans - $250k-1MM | 4 | $1,225 | $306,250 |
| Agriculture operations loans - <$1MM | 29 | $895 | $30,862 |
| Agriculture operations loans - <$100k | 25 | $403 | $16,120 |
| Agriculture operations loans - $100-250k | 3 | $268 | $89,333 |
| Agriculture operations loans - $250k-1MM | 1 | $224 | $224,000 |