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: Kansas City, St. Joseph, Atchison, Topeka, and Manhattan among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Exchange Bank & Trust 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

    127

    Origination Dollar Volume (All Markets)

    $22,545,000

    Employee count

    86

    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
    KANSAS CITY, MO-KS (FHA|USDA|VA) 34 $9,990,000 $293,824 $0 0.00%
    ST. JOSEPH, MO-KS (FHA|USDA|VA) 38 $6,910,000 $181,842 $0 0.00%
    Atchison, KS (FHA|USDA|VA) 42 $4,700,000 $111,905 $0 0.00%
    Outside of Metro Areas 8 $470,000 $58,750 $0 0.00%
    TOPEKA, KS (FHA|USDA|VA) 4 $440,000 $110,000 $0 0.00%
    MANHATTAN, KS (FHA|USDA|VA) 1 $35,000 $35,000 $0 0.00%
    Exchange Bank & Trust's top markets include Kansas City, St. Joseph, Atchison, Topeka, and Manhattan among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 127 $22,545,000 $177,520 $0 0.00%

    For 2021, Exchange Bank & Trust's most frequently originated type of loan was Conventional, with 127 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 68 $13,980,000 $205,588 $0 0.00%
    Cash Out Refi 32 $4,440,000 $138,750 $0 0.00%
    Other 12 $840,000 $70,000 $0 0.00%
    Refi 9 $1,515,000 $168,333 $0 0.00%
    Home Improvement 6 $1,770,000 $295,000 $0 0.00%

    For 2021, Exchange Bank & Trust's most frequently cited loan purpose was Home Purchase, with 68 originations. The 2nd most popular reason was Cash Out Refi, with 32 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 127 $22,545,000 $177,520 $0 0.00%

    For 2021, Exchange Bank & Trust's most frequently cited loan duration was Other, with 127 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 66 $3,020,000 $45,758 $0 0.00%
    $100k-200k 40 $5,250,000 $131,250 $0 0.00%
    $200k-400k 12 $3,440,000 $286,667 $0 0.00%
    $1MM+ 3 $7,355,000 $2,451,667 $0 0.00%
    $400k-600k 3 $1,395,000 $465,000 $0 0.00%
    $600k-1MM 3 $2,085,000 $695,000 $0 0.00%

    2021 saw Exchange Bank & Trust place emphasis on $100,000 or less loans with 66 originations, totaling $3,020,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 26 $2,210,000 $85,000 $0 0.00%
    $100k-150k 25 $3,345,000 $133,800 $0 0.00%
    $50k or less 21 $1,125,000 $53,571 $0 0.00%
    $75k-100k 9 $985,000 $109,444 $0 0.00%
    $150k-250k 6 $1,520,000 $253,333 $0 0.00%
    $250k+ 5 $1,385,000 $277,000 $0 0.00%

    Exchange Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 26 originations. The second most popular income band? $100k-150k, with 25 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 127 $22,545,000 $177,520 $0 0.00%

    Exchange Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 127 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 34 $11,950,000 $351,471 $0 0.00%
    White 88 $9,860,000 $112,045 $0 0.00%
    Asian 2 $630,000 $315,000 $0 0.00%
    Black 2 $80,000 $40,000 $0 0.00%
    American Indian 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    87.18%

    Exchange Bank & Trust has an average approval rate.

    Pick Rate

    Approvals leading to origination
    92.91%

    Exchange Bank & Trust has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 127 $22,545,000 $177,520

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    127 $22,545,000 $177,520

    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 $31,143
    Exchange Bank & Trust 201 Valley Rushville, MO 64484 Full Service B&M $31,323
    Exchange Bank & Trust 216 W Riley Easton, KS 66020 Full Service B&M $26,683
    Exchange Bank & Trust 2443 Nw Prairie View Road Platte City, MO 64079 Full Service B&M $4,102
    Exchange Bank & Trust 399 Centre Drive Lansing, KS 66043 Full Service B&M $26,804
    Exchange Bank & Trust 423 Main Street Effingham, KS 66023 Full Service B&M $30,452
    Exchange Bank & Trust 600 Commercial Street Atchison, KS 66002 Full Service B&M $255,052
    Exchange Bank & Trust 630 Delaware Street Leavenworth, KS 66048 Full Service B&M $64,949
    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 2021, Exchange Bank & Trust had 10 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $17,977
    Net interest income $17,006
    Total noninterest income $3,243
    Gross Fiduciary activities income $144
    Service charges on deposit accounts $887
    Trading account gains and fees $0
    Additional Noninterest Income $2,212
    Pre-tax net operating income $8,352
    Securities gains (or losses, -) $34
    Income before extraordinary items $6,453
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $6,453
    Minority interest net income $0
    Net income $6,453
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $6,426

    Exchange Bank & Trust's gross interest income from loans was $17,977,000.
    Exchange Bank & Trust's net interest income from loans was $17,006,000.
    Exchange Bank & Trust's fee based income from loans was $887,000.
    Exchange Bank & Trust's net income from loans was $6,453,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $971
    Provision for credit losses $186
    Total noninterest expense $11,711
    Salaries and employee benefits $6,833
    Premises and equipment expense $1,224
    Additional noninterest expense $3,654
    Applicable income taxes $1,933
    Net charge-offs $15
    Cash dividends $1,350

    Exchange Bank & Trust's interest expense for loans was $971,000.
    Exchange Bank & Trust's payroll and benefits expense were $6,833,000.
    Exchange Bank & Trust's property, plant and equipment expenses $1,224,000.

    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 0.0%
    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 $509,665
    Deposits held in domestic offices $509,665
    Deposits by Individuals, partnerships, and corporations $455,438
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $54,098
    Deposits by Commercial banks and other depository institutions in U.S. $129
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $46,817
    Demand deposits $46,817
    Nontransaction accounts $462,848
    Money market deposit accounts (MMDAs) $28,549
    Other savings deposits (excluding MMDAs) $364,080
    Total time deposits $70,219
    Total time and savings deposits $462,848
    Noninterest-bearing deposits $33,707
    Interest-bearing deposits $475,957
    Retail deposits $498,721
    IRAs and Keogh plan accounts $13,708
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $578,383
    Cash & Balances due from depository institutions $79,828
    Interest-bearing balances $75,955
    Total securities $180,383
    Federal funds sold & reverse repurchase $0
    Net loans and leases $309,582
    Loan and leases loss allowance $4,319
    Trading account assets $0
    Bank premises and fixed assets $4,196
    Other real estate owned $0
    Goodwill and other intangibles $70
    All other assets $4,324

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $578,383
    Total Liabilities $522,597
    Total deposits $509,665
    Interest-bearing deposits $475,957
    Deposits held in domestic offices $509,665
    % insured (estimated) $77
    Federal funds purchased and repurchase agreements $10,766
    Trading liabilities $0
    Other borrowed funds $89
    Subordinated debt $0
    All other liabilities $2,077

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $309,582
    Loan and leases loss allowance $4,319
    Total loans and leases (domestic) $313,901
    All real estate loans $180,899
    Real estate loans in domestic offices $180,899
    Construction and development loans $18,126
    Residential 1-4 family construction $6,030
    Other construction, all land development and other land $12,096
    Loans secured by nonfarm nonresidential properties $27,521
    Nonfarm nonresidential secured by owner-occupied properties $21,912
    Commercial real estate & other non-farm, non-residential $5,609
    Multifamily residential real estate $8,744
    1-4 family residential loans $66,248
    Farmland loans $60,260
    Loans held in foreign offices $0
    Farm loans $33,627
    Commercial and industrial loans $30,790
    To non-U.S. addressees $0
    Loans to individuals $66,694
    Credit card loans $0
    Related Plans $50
    Consumer Auto Loans $54,415
    Other loans to individuals $12,229
    All other loans & leases $1,892
    Loans to foreign governments and official institutions $0
    Other loans $240
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $4,202
    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 $309,582,000 of loans outstanding in 2021. $180,899,000 of loans were in real estate loans. $18,126,000 of loans were in development loans. $8,744,000 of loans were in multifamily mortgage loans. $66,248,000 of loans were in 1-4 family mortgage loans. $33,627,000 of loans were in farm loans. $0 of loans were in credit card loans. $54,415,000 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 110 $15,876 $144,327
    Nonfarm, nonresidential loans - <$100k 58 $2,394 $41,276
    Nonfarm, nonresidential loans - $100-250k 32 $4,865 $152,031
    Nonfarm, nonresidential loans - $250k-1MM 20 $8,617 $430,850
    Commercial & Industrial, US addressed loans - <$1MM 431 $21,447 $49,761
    Commercial & Industrial, US addressed loans - <$100k 379 $8,894 $23,467
    Commercial & Industrial, US addressed loans - $100-250k 38 $6,009 $158,132
    Commercial & Industrial, US addressed loans - $250k-1MM 14 $6,544 $467,429
    Farmland loans - <$1MM 303 $42,491 $140,234
    Farmland loans - <$100k 154 $8,301 $53,903
    Farmland loans - $100-250k 95 $15,760 $165,895
    Farmland loans - $250k-1MM 54 $18,430 $341,296
    Agriculture operations loans - <$1MM 784 $26,385 $33,654
    Agriculture operations loans - <$100k 720 $14,691 $20,404
    Agriculture operations loans - $100-250k 54 $8,266 $153,074
    Agriculture operations loans - $250k-1MM 10 $3,428 $342,800