Lindell Bank & Trust Company Mortgage Rates, Fees & Info

St. Louis, MO

LEI: 254900BX43CTU32Z6G15

Tax ID: 43-0379825

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

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

    Lindell Bank & Trust Company is a smaller bank specializing in Refi and Home Purchase 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. 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    193

    Origination Dollar Volume (All Markets)

    $32,105,000

    Employee count

    110

    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. LOUIS, MO-IL (FHA|USDA|VA) 193 $32,105,000 $166,347 $0 0.00%
    Lindell Bank & Trust Company's top markets include and St. Louis among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 193 $32,105,000 $166,347 $0 0.00%

    For 2019, Lindell Bank & Trust Company's most frequently originated type of loan was Conventional, with 193 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 90 $15,670,000 $174,111 $0 0.00%
    Home Purchase 88 $14,780,000 $167,955 $0 0.00%
    Home Improvement 15 $1,655,000 $110,333 $0 0.00%

    For 2019, Lindell Bank & Trust Company's most frequently cited loan purpose was Refi, with 90 originations. The 2nd most popular reason was Home Purchase, with 88 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 193 $32,105,000 $166,347 $0 0.00%

    For 2019, Lindell Bank & Trust Company's most frequently cited loan duration was Other, with 193 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 88 $4,890,000 $55,568 $0 0.00%
    $100k-200k 59 $8,035,000 $136,186 $0 0.00%
    $200k-400k 39 $10,075,000 $258,333 $0 0.00%
    $400k-600k 3 $1,445,000 $481,667 $0 0.00%
    $1MM+ 2 $6,250,000 $3,125,000 $0 0.00%
    $600k-1MM 2 $1,410,000 $705,000 $0 0.00%

    2019 saw Lindell Bank & Trust Company place emphasis on $100,000 or less loans with 88 originations, totaling $4,890,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 10 $1,400,000 $140,000 $0 0.00%
    $150k-250k 9 $1,045,000 $116,111 $0 0.00%
    $50k or less 9 $1,245,000 $138,333 $0 0.00%
    $250k+ 7 $935,000 $133,571 $0 0.00%
    $50k-75k 5 $585,000 $117,000 $0 0.00%
    $75k-100k 3 $205,000 $68,333 $0 0.00%

    Lindell Bank & Trust Company lent most frequently to those with incomes in the $100k-150k range, with 10 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% 193 $32,105,000 $166,347 $0 0.00%

    Lindell Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 193 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 150 $26,690,000 $177,933 $0 0.00%
    White 38 $5,090,000 $133,947 $0 0.00%
    Not provided 1 $145,000 $145,000 $0 0.00%
    Black 3 $105,000 $35,000 $0 0.00%
    Asian 1 $75,000 $75,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    96.04%

    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 origination
    99.48%

    Lindell Bank & Trust Company 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 193 $32,105,000 $166,347

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 6 $2,210,000 $368,333
    Single Family (1-4 Units):Manufactured 1 $155,000 $155,000
    Single Family (1-4 Units):Site-Built 186 $29,740,000 $159,892

    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 $19,852
    Lindell Bank & Trust Company 12040 Tesson Ferry Road Saint Louis, MO 63128 Full Service B&M $40,859
    Lindell Bank & Trust Company 15500 Olive Boulevard Chesterfield, MO 63017 Full Service B&M $21,531
    Lindell Bank & Trust Company 169 Long Road Chesterfield, MO 63005 Full Service B&M $19,407
    Lindell Bank & Trust Company 2745 N Grand Blvd Saint Louis, MO 63106 Full Service B&M $26,685
    Lindell Bank & Trust Company 3060 Clarkson Rd Chesterfield, MO 63017 Full Service B&M $9,791
    Lindell Bank & Trust Company 3201 North Highway 94 St. Charles, MO 63301 Full Service B&M $42,408
    Lindell Bank & Trust Company 327-333 Missouri Avenue East St. Louis, IL 62202 Full Service B&M $35,366
    Lindell Bank & Trust Company 3921 Hampton Avenue St. Louis, MO 63109 Full Service B&M $20,006
    Lindell Bank & Trust Company 4521 State Hwy K O Fallon, MO 63368 Full Service B&M $17,187
    Lindell Bank & Trust Company 5500 Mexico Road St. Peters, MO 63376 Full Service B&M $52,561
    Lindell Bank & Trust Company 6900 Clayton Avenue St. Louis, MO 63139 Full Service B&M $95,522

    For 2019, Lindell Bank & Trust Company had 12 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $22,795
    Net interest income $20,682
    Total noninterest income $2,512
    Gross Fiduciary activities income $2
    Service charges on deposit accounts $1,248
    Trading account gains and fees $0
    Additional Noninterest Income $1,262
    Pre-tax net operating income $11,071
    Securities gains (or losses, -) $0
    Income before extraordinary items $11,071
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $11,071
    Minority interest net income $0
    Net income $11,071
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $11,071

    Lindell Bank & Trust Company's gross interest income from loans was $22,795,000.
    Lindell Bank & Trust Company's net interest income from loans was $20,682,000.
    Lindell Bank & Trust Company's fee based income from loans was $1,248,000.
    Lindell Bank & Trust Company's net income from loans was $11,071,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,113
    Provision for credit losses $-1,150
    Total noninterest expense $13,273
    Salaries and employee benefits $6,476
    Premises and equipment expense $2,198
    Additional noninterest expense $4,599
    Applicable income taxes $0
    Net charge-offs $-972
    Cash dividends $4,735

    Lindell Bank & Trust Company's interest expense for loans was $2,113,000.
    Lindell Bank & Trust Company's payroll and benefits expense were $6,476,000.
    Lindell Bank & Trust Company's property, plant and equipment expenses $2,198,000.

    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 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 $408,049
    Deposits held in domestic offices $408,049
    Deposits by Individuals, partnerships, and corporations $380,142
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $27,907
    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 $34,090
    Demand deposits $27,453
    Nontransaction accounts $373,959
    Money market deposit accounts (MMDAs) $98,573
    Other savings deposits (excluding MMDAs) $217,271
    Total time deposits $58,115
    Total time and savings deposits $380,596
    Noninterest-bearing deposits $152,251
    Interest-bearing deposits $255,798
    Retail deposits $400,218
    IRAs and Keogh plan accounts $10,402
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $517,968
    Cash & Balances due from depository institutions $45,556
    Interest-bearing balances $41,569
    Total securities $188,068
    Federal funds sold & reverse repurchase $0
    Net loans and leases $253,482
    Loan and leases loss allowance $20,578
    Trading account assets $0
    Bank premises and fixed assets $19,918
    Other real estate owned $234
    Goodwill and other intangibles $6,889
    All other assets $3,821

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $517,968
    Total Liabilities $411,832
    Total deposits $408,049
    Interest-bearing deposits $255,798
    Deposits held in domestic offices $408,049
    % insured (estimated) $79
    Federal funds purchased and repurchase agreements $3,255
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $528

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $253,482
    Loan and leases loss allowance $20,578
    Total loans and leases (domestic) $274,060
    All real estate loans $236,557
    Real estate loans in domestic offices $236,557
    Construction and development loans $15,854
    Residential 1-4 family construction $14,304
    Other construction, all land development and other land $1,550
    Loans secured by nonfarm nonresidential properties $105,467
    Nonfarm nonresidential secured by owner-occupied properties $66,768
    Commercial real estate & other non-farm, non-residential $38,699
    Multifamily residential real estate $16,930
    1-4 family residential loans $97,981
    Farmland loans $325
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $33,819
    To non-U.S. addressees $0
    Loans to individuals $2,350
    Credit card loans $521
    Related Plans $0
    Consumer Auto Loans $342
    Other loans to individuals $1,487
    All other loans & leases $1,520
    Loans to foreign governments and official institutions $0
    Other loans $1,296
    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 $243
    Non 1-4 family restructured loans & leases $123
    Total loans and leases (foreign) $0

    Lindell Bank & Trust Company had $253,482,000 of loans outstanding in 2019. $236,557,000 of loans were in real estate loans. $15,854,000 of loans were in development loans. $16,930,000 of loans were in multifamily mortgage loans. $97,981,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $521,000 of loans were in credit card loans. $342,000 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 152 $25,365 $166,875
    Nonfarm, nonresidential loans - <$100k 24 $1,017 $42,375
    Nonfarm, nonresidential loans - $100-250k 75 $10,260 $136,800
    Nonfarm, nonresidential loans - $250k-1MM 53 $14,088 $265,811
    Commercial & Industrial, US addressed loans - <$1MM 201 $14,682 $73,045
    Commercial & Industrial, US addressed loans - <$100k 128 $3,760 $29,375
    Commercial & Industrial, US addressed loans - $100-250k 53 $5,617 $105,981
    Commercial & Industrial, US addressed loans - $250k-1MM 20 $5,305 $265,250
    Farmland loans - <$1MM 3 $325 $108,333
    Farmland loans - <$100k 1 $63 $63,000
    Farmland loans - $100-250k 2 $262 $131,000