Lindell Bank & Trust Company Mortgage Rates, Fees & Info
St. Louis, MOLEI: 254900BX43CTU32Z6G15
Tax ID: 43-0379825
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Mortgage Data
Bank Data
Review & Overview
Lindell Bank & Trust Company is a smaller bank specializing in Home Purchase and Refi loans. Lindell Bank & Trust Company has a high proportion of conventional loans. Their top (well, only) market is St. Louis.Lindell Bank & Trust Company has an above average approval rate when compared to the average across all lenders.
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Originations
202Origination Dollar Volume (All Markets)
$37,100,000Employee count
121Top 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. LOUIS, MO-IL (FHA|USDA|VA) | 202 | $37,100,000 | $183,663 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 202 | $37,100,000 | $183,663 | $0 | 0.00% |
For 2018, Lindell Bank & Trust Company's most frequently originated type of loan was Conventional, with 202 originations.
Loan Reason
For 2018, Lindell Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 88 originations. The 2nd most popular reason was Refi, with 85 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 202 | $37,100,000 | $183,663 | $0 | 0.00% |
For 2018, Lindell Bank & Trust Company's most frequently cited loan duration was Other, with 202 originations.
Loan Sizing
2018 saw Lindell Bank & Trust Company place emphasis on $100,000 or less loans with 87 originations, totaling $5,345,000 in origination value.
Applicant Income
Lindell Bank & Trust Company lent most frequently to those with incomes in the $50k or less range, with 11 originations. The second most popular income band? $150k-250k, with 9 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 202 | $37,100,000 | $183,663 | $0 | 0.00% |
Lindell Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 202 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications99.02%
Lindell Bank & Trust Company has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 202 | $37,100,000 | $183,663 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 6 | $6,710,000 | $1,118,333 |
| Single Family (1-4 Units):Site-Built | 196 | $30,390,000 | $155,051 |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Lindell Bank & Trust Company | 10018 Manchester Road Glendale, MO 63122 | Full Service B&M | $18,754 |
| Lindell Bank & Trust Company | 12040 Tesson Ferry Road Saint Louis, MO 63128 | Full Service B&M | $41,995 |
| Lindell Bank & Trust Company | 15500 Olive Boulevard Chesterfield, MO 63017 | Full Service B&M | $20,938 |
| Lindell Bank & Trust Company | 169 Long Road Chesterfield, MO 63005 | Full Service B&M | $26,608 |
| Lindell Bank & Trust Company | 2745 N Grand Blvd Saint Louis, MO 63106 | Full Service B&M | $24,237 |
| Lindell Bank & Trust Company | 3060 Clarkson Rd Chesterfield, MO 63017 | Full Service B&M | $11,715 |
| Lindell Bank & Trust Company | 3201 North Highway 94 St. Charles, MO 63301 | Full Service B&M | $39,582 |
| Lindell Bank & Trust Company | 327-333 Missouri Avenue East St. Louis, IL 62202 | Full Service B&M | $37,202 |
| Lindell Bank & Trust Company | 3921 Hampton Avenue St. Louis, MO 63109 | Full Service B&M | $23,048 |
| Lindell Bank & Trust Company | 4521 State Hwy K O Fallon, MO 63368 | Full Service B&M | $16,052 |
| Lindell Bank & Trust Company | 5500 Mexico Road St. Peters, MO 63376 | Full Service B&M | $52,006 |
| Lindell Bank & Trust Company | 6900 Clayton Avenue St. Louis, MO 63139 | Full Service B&M | $104,929 |
For 2018, Lindell Bank & Trust Company had 12 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $22,797 |
| Net interest income | $21,474 |
| Total noninterest income | $2,001 |
| Gross Fiduciary activities income | $5 |
| Service charges on deposit accounts | $1,308 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $688 |
| Pre-tax net operating income | $10,172 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $10,172 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $10,172 |
| Minority interest net income | $0 |
| Net income | $10,172 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $10,172 |
Lindell Bank & Trust Company's gross interest income from loans was $22,797,000.
Lindell Bank & Trust Company's net interest income from loans was $21,474,000.
Lindell Bank & Trust Company's fee based income from loans was $1,308,000.
Lindell Bank & Trust Company's net income from loans was $10,172,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $1,323 |
| Provision for credit losses | $0 |
| Total noninterest expense | $13,303 |
| Salaries and employee benefits | $6,412 |
| Premises and equipment expense | $2,106 |
| Additional noninterest expense | $4,785 |
| Applicable income taxes | $0 |
| Net charge-offs | $-628 |
| Cash dividends | $4,632 |
Lindell Bank & Trust Company's interest expense for loans was $1,323,000.
Lindell Bank & Trust Company's payroll and benefits expense were $6,412,000.
Lindell Bank & Trust Company's property, plant and equipment expenses $2,106,000.
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 | 1.0% |
| Nonfarm, nonresidential loans | 1.0% |
| 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 | $419,707 |
| Deposits held in domestic offices | $419,707 |
| Deposits by Individuals, partnerships, and corporations | $384,826 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $34,881 |
| 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 | $33,420 |
| Demand deposits | $25,461 |
| Nontransaction accounts | $386,287 |
| Money market deposit accounts (MMDAs) | $99,321 |
| Other savings deposits (excluding MMDAs) | $222,413 |
| Total time deposits | $64,553 |
| Total time and savings deposits | $394,246 |
| Noninterest-bearing deposits | $145,505 |
| Interest-bearing deposits | $274,202 |
| Retail deposits | $407,918 |
| IRAs and Keogh plan accounts | $10,823 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $536,050 |
| Cash & Balances due from depository institutions | $9,798 |
| Interest-bearing balances | $5,912 |
| Total securities | $239,373 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $252,579 |
| Loan and leases loss allowance | $20,756 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $20,082 |
| Other real estate owned | $952 |
| Goodwill and other intangibles | $8,657 |
| All other assets | $4,609 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $536,050 |
| Total Liabilities | $437,001 |
| Total deposits | $419,707 |
| Interest-bearing deposits | $274,202 |
| Deposits held in domestic offices | $419,707 |
| % insured (estimated) | $78 |
| Federal funds purchased and repurchase agreements | $2,490 |
| Trading liabilities | $0 |
| Other borrowed funds | $14,300 |
| Subordinated debt | $0 |
| All other liabilities | $504 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $252,579 |
| Loan and leases loss allowance | $20,756 |
| Total loans and leases (domestic) | $273,335 |
| All real estate loans | $235,012 |
| Real estate loans in domestic offices | $235,012 |
| Construction and development loans | $18,691 |
| Residential 1-4 family construction | $17,754 |
| Other construction, all land development and other land | $937 |
| Loans secured by nonfarm nonresidential properties | $106,984 |
| Nonfarm nonresidential secured by owner-occupied properties | $60,004 |
| Commercial real estate & other non-farm, non-residential | $46,980 |
| Multifamily residential real estate | $12,885 |
| 1-4 family residential loans | $95,970 |
| Farmland loans | $482 |
| Loans held in foreign offices | $0 |
| Farm loans | $0 |
| Commercial and industrial loans | $34,919 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $2,468 |
| Credit card loans | $564 |
| Related Plans | $0 |
| Consumer Auto Loans | $412 |
| Other loans to individuals | $1,492 |
| All other loans & leases | $1,092 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $868 |
| 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 | $260 |
| Non 1-4 family restructured loans & leases | $132 |
| Total loans and leases (foreign) | $0 |
Lindell Bank & Trust Company had $252,579,000 of loans outstanding in 2018. $235,012,000 of loans were in real estate loans. $18,691,000 of loans were in development loans. $12,885,000 of loans were in multifamily mortgage loans. $95,970,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $564,000 of loans were in credit card loans. $412,000 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 | 184 | $43,343 | $235,560 |
| Nonfarm, nonresidential loans - <$100k | 49 | $3,303 | $67,408 |
| Nonfarm, nonresidential loans - $100-250k | 48 | $7,102 | $147,958 |
| Nonfarm, nonresidential loans - $250k-1MM | 87 | $32,938 | $378,598 |
| Commercial & Industrial, US addressed loans - <$1MM | 217 | $20,426 | $94,129 |
| Commercial & Industrial, US addressed loans - <$100k | 127 | $4,001 | $31,504 |
| Commercial & Industrial, US addressed loans - $100-250k | 55 | $5,825 | $105,909 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 35 | $10,600 | $302,857 |
| Farmland loans - <$1MM | 3 | $482 | $160,667 |
| Farmland loans - <$100k | 1 | $66 | $66,000 |
| Farmland loans - $100-250k | 1 | $110 | $110,000 |
| Farmland loans - $250k-1MM | 1 | $306 | $306,000 |