Exchange Bank & Trust Mortgage Rates, Fees & Info

Atchison, KS

LEI: 2549006U8SXATH10WI14

Tax ID: 48-0212120

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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

    Exchange Bank & Trust is a smaller bank specializing in Home Purchase loans. Exchange Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: St. Joseph, Kansas City, Atchison, Dallas, and Topeka among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Exchange Bank & Trust has an above average approval rate when compared to the average across all lenders. They have an above 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

    129

    Origination Dollar Volume (All Markets)

    $15,955,000

    Employee count

    88

    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
    ST. JOSEPH, MO-KS (FHA|USDA|VA) 50 $5,690,000 $113,800 $0 0.00%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 33 $4,735,000 $143,485 $0 0.00%
    Atchison, KS (FHA|USDA|VA) 32 $2,730,000 $85,313 $0 0.00%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $1,105,000 $1,105,000 $0 0.00%
    TOPEKA, KS (FHA|USDA|VA) 5 $735,000 $147,000 $0 0.00%
    LAWRENCE, KS (FHA|USDA|VA) 3 $485,000 $161,667 $0 0.00%
    Outside of Metro Areas 5 $475,000 $95,000 $0 0.00%
    Exchange Bank & Trust's top markets include St. Joseph, Kansas City, Atchison, Dallas, and Topeka among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 129 $15,955,000 $123,682 $0 0.00%

    For 2019, Exchange Bank & Trust's most frequently originated type of loan was Conventional, with 129 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 73 $9,775,000 $133,904 $0 0.00%
    Cash Out Refi 18 $1,870,000 $103,889 $0 0.00%
    Refi 17 $2,975,000 $175,000 $0 0.00%
    Other 14 $1,000,000 $71,429 $0 0.00%
    Home Improvement 7 $335,000 $47,857 $0 0.00%

    For 2019, Exchange Bank & Trust's most frequently cited loan purpose was Home Purchase, with 73 originations. The 2nd most popular reason was Cash Out Refi, with 18 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 129 $15,955,000 $123,682 $0 0.00%

    For 2019, Exchange Bank & Trust's most frequently cited loan duration was Other, with 129 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 76 $3,840,000 $50,526 $0 0.00%
    $100k-200k 29 $3,875,000 $133,621 $0 0.00%
    $200k-400k 18 $4,470,000 $248,333 $0 0.00%
    $400k-600k 4 $1,930,000 $482,500 $0 0.00%
    $1MM+ 1 $1,105,000 $1,105,000 $0 0.00%
    $600k-1MM 1 $735,000 $735,000 $0 0.00%

    2019 saw Exchange Bank & Trust place emphasis on $100,000 or less loans with 76 originations, totaling $3,840,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 29 $3,385,000 $116,724 $0 0.00%
    $50k-75k 27 $2,295,000 $85,000 $0 0.00%
    $50k or less 22 $1,190,000 $54,091 $0 0.00%
    $75k-100k 17 $2,145,000 $126,176 $0 0.00%
    $150k-250k 13 $2,365,000 $181,923 $0 0.00%
    $250k+ 5 $1,665,000 $333,000 $0 0.00%

    Exchange Bank & Trust lent most frequently to those with incomes in the $100k-150k range, with 29 originations. The second most popular income band? $50k-75k, with 27 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 129 $15,955,000 $123,682 $0 0.00%

    Exchange Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 129 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 112 $12,970,000 $115,804 $0 0.00%
    Not applicable 15 $2,855,000 $190,333 $0 0.00%
    Asian 1 $65,000 $65,000 $0 0.00%
    Black 1 $65,000 $65,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.10%

    Exchange Bank & Trust has an average approval rate.

    Pick Rate

    Approvals leading to origination
    96.90%

    Exchange Bank & Trust has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 129 $15,955,000 $123,682

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $95,000 $95,000
    Single Family (1-4 Units):Manufactured 8 $480,000 $60,000
    Single Family (1-4 Units):Site-Built 120 $15,380,000 $128,167

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Exchange Bank & Trust 121 South Main Street Troy, KS 66087 Full Service B&M $24,548
    Exchange Bank & Trust 201 Valley Rushville, MO 64484 Full Service B&M $25,751
    Exchange Bank & Trust 216 W Riley Easton, KS 66020 Full Service B&M $20,384
    Exchange Bank & Trust 399 Centre Drive Lansing, KS 66043 Full Service B&M $19,278
    Exchange Bank & Trust 423 Main Street Effingham, KS 66023 Full Service B&M $21,938
    Exchange Bank & Trust 600 Commercial Street Atchison, KS 66002 Full Service B&M $197,961
    Exchange Bank & Trust 630 Delaware Street Leavenworth, KS 66048 Full Service B&M $52,381
    Exchange Bank & Trust 701 Shawnee Street Leavenworth, KS 66048 Limited, Drive-thru $0
    Exchange Bank & Trust 712 Kansas Avenue Limited Service-Dr Atchison, KS 66002 Limited, Drive-thru $0

    For 2019, Exchange Bank & Trust had 9 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $17,109
    Net interest income $15,188
    Total noninterest income $2,864
    Gross Fiduciary activities income $124
    Service charges on deposit accounts $1,230
    Trading account gains and fees $0
    Additional Noninterest Income $1,510
    Pre-tax net operating income $7,576
    Securities gains (or losses, -) $0
    Income before extraordinary items $5,912
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $5,912
    Minority interest net income $0
    Net income $5,912
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $5,912

    Exchange Bank & Trust's gross interest income from loans was $17,109,000.
    Exchange Bank & Trust's net interest income from loans was $15,188,000.
    Exchange Bank & Trust's fee based income from loans was $1,230,000.
    Exchange Bank & Trust's net income from loans was $5,912,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,921
    Provision for credit losses $150
    Total noninterest expense $10,326
    Salaries and employee benefits $5,895
    Premises and equipment expense $1,141
    Additional noninterest expense $3,290
    Applicable income taxes $1,664
    Net charge-offs $81
    Cash dividends $2,706

    Exchange Bank & Trust's interest expense for loans was $1,921,000.
    Exchange Bank & Trust's payroll and benefits expense were $5,895,000.
    Exchange Bank & Trust's property, plant and equipment expenses $1,141,000.

    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 1.0%
    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 $388,373
    Deposits held in domestic offices $388,373
    Deposits by Individuals, partnerships, and corporations $334,401
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $53,456
    Deposits by Commercial banks and other depository institutions in U.S. $516
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $37,456
    Demand deposits $37,456
    Nontransaction accounts $350,917
    Money market deposit accounts (MMDAs) $18,474
    Other savings deposits (excluding MMDAs) $260,618
    Total time deposits $71,825
    Total time and savings deposits $350,917
    Noninterest-bearing deposits $25,012
    Interest-bearing deposits $363,360
    Retail deposits $381,346
    IRAs and Keogh plan accounts $14,645
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $444,393
    Cash & Balances due from depository institutions $58,761
    Interest-bearing balances $53,438
    Total securities $95,490
    Federal funds sold & reverse repurchase $0
    Net loans and leases $280,772
    Loan and leases loss allowance $3,931
    Trading account assets $0
    Bank premises and fixed assets $4,482
    Other real estate owned $0
    Goodwill and other intangibles $141
    All other assets $4,747

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $444,393
    Total Liabilities $398,051
    Total deposits $388,373
    Interest-bearing deposits $363,360
    Deposits held in domestic offices $388,373
    % insured (estimated) $81
    Federal funds purchased and repurchase agreements $7,119
    Trading liabilities $0
    Other borrowed funds $558
    Subordinated debt $0
    All other liabilities $2,001

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $280,772
    Loan and leases loss allowance $3,931
    Total loans and leases (domestic) $284,703
    All real estate loans $154,734
    Real estate loans in domestic offices $154,734
    Construction and development loans $8,690
    Residential 1-4 family construction $5,360
    Other construction, all land development and other land $3,330
    Loans secured by nonfarm nonresidential properties $16,440
    Nonfarm nonresidential secured by owner-occupied properties $14,892
    Commercial real estate & other non-farm, non-residential $1,548
    Multifamily residential real estate $2,469
    1-4 family residential loans $72,539
    Farmland loans $54,596
    Loans held in foreign offices $0
    Farm loans $35,574
    Commercial and industrial loans $25,144
    To non-U.S. addressees $0
    Loans to individuals $66,464
    Credit card loans $0
    Related Plans $66
    Consumer Auto Loans $52,080
    Other loans to individuals $14,318
    All other loans & leases $2,787
    Loans to foreign governments and official institutions $0
    Other loans $196
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $5,880
    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

    Exchange Bank & Trust had $280,772,000 of loans outstanding in 2019. $154,734,000 of loans were in real estate loans. $8,690,000 of loans were in development loans. $2,469,000 of loans were in multifamily mortgage loans. $72,539,000 of loans were in 1-4 family mortgage loans. $35,574,000 of loans were in farm loans. $0 of loans were in credit card loans. $52,080,000 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 119 $13,792 $115,899
    Nonfarm, nonresidential loans - <$100k 76 $2,834 $37,289
    Nonfarm, nonresidential loans - $100-250k 28 $4,461 $159,321
    Nonfarm, nonresidential loans - $250k-1MM 15 $6,497 $433,133
    Commercial & Industrial, US addressed loans - <$1MM 431 $17,741 $41,162
    Commercial & Industrial, US addressed loans - <$100k 391 $7,784 $19,908
    Commercial & Industrial, US addressed loans - $100-250k 28 $4,470 $159,643
    Commercial & Industrial, US addressed loans - $250k-1MM 12 $5,487 $457,250
    Farmland loans - <$1MM 318 $40,147 $126,248
    Farmland loans - <$100k 167 $8,125 $48,653
    Farmland loans - $100-250k 108 $17,011 $157,509
    Farmland loans - $250k-1MM 43 $15,011 $349,093
    Agriculture operations loans - <$1MM 928 $29,652 $31,953
    Agriculture operations loans - <$100k 860 $16,915 $19,669
    Agriculture operations loans - $100-250k 54 $8,267 $153,093
    Agriculture operations loans - $250k-1MM 14 $4,470 $319,286