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
171Origination Dollar Volume (All Markets)
$27,955,000Employee count
104Top 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) | 170 | $27,880,000 | $164,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $75,000 | $75,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 171 | $27,955,000 | $163,480 | $0 | 0.00% |
For 2020, Lindell Bank & Trust Company's most frequently originated type of loan was Conventional, with 171 originations.
Loan Reason
For 2020, Lindell Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 93 originations. The 2nd most popular reason was Refi, with 66 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 171 | $27,955,000 | $163,480 | $0 | 0.00% |
For 2020, Lindell Bank & Trust Company's most frequently cited loan duration was Other, with 171 originations.
Loan Sizing
2020 saw Lindell Bank & Trust Company place emphasis on $100,000 or less loans with 71 originations, totaling $3,995,000 in origination value.
Applicant Income
Lindell Bank & Trust Company lent most frequently to those with incomes in the $100k-150k range, with 7 originations. The second most popular income band? $150k-250k, with 6 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 171 | $27,955,000 | $163,480 | $0 | 0.00% |
Lindell Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 171 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.71%
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 | 171 | $27,955,000 | $163,480 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 4 | $1,130,000 | $282,500 |
| Single Family (1-4 Units):Site-Built | 167 | $26,825,000 | $160,629 |
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 | $24,087 |
| Lindell Bank & Trust Company | 12040 Tesson Ferry Road Saint Louis, MO 63128 | Full Service B&M | $47,104 |
| Lindell Bank & Trust Company | 15500 Olive Boulevard Chesterfield, MO 63017 | Full Service B&M | $27,029 |
| Lindell Bank & Trust Company | 169 Long Road Chesterfield, MO 63005 | Full Service B&M | $24,395 |
| Lindell Bank & Trust Company | 2745 N Grand Blvd Saint Louis, MO 63106 | Full Service B&M | $26,428 |
| Lindell Bank & Trust Company | 3060 Clarkson Rd Chesterfield, MO 63017 | Full Service B&M | $14,371 |
| Lindell Bank & Trust Company | 3201 North Highway 94 St. Charles, MO 63301 | Full Service B&M | $47,616 |
| Lindell Bank & Trust Company | 327-333 Missouri Avenue East St. Louis, IL 62202 | Full Service B&M | $34,086 |
| Lindell Bank & Trust Company | 3921 Hampton Avenue St. Louis, MO 63109 | Full Service B&M | $23,155 |
| Lindell Bank & Trust Company | 4521 State Hwy K O Fallon, MO 63368 | Full Service B&M | $16,496 |
| Lindell Bank & Trust Company | 5500 Mexico Road St. Peters, MO 63376 | Full Service B&M | $61,084 |
| Lindell Bank & Trust Company | 6900 Clayton Avenue St. Louis, MO 63139 | Full Service B&M | $119,601 |
For 2020, Lindell Bank & Trust Company had 12 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $20,445 |
| Net interest income | $19,357 |
| Total noninterest income | $1,957 |
| Gross Fiduciary activities income | $2 |
| Service charges on deposit accounts | $988 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $967 |
| Pre-tax net operating income | $7,757 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $7,757 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $7,757 |
| Minority interest net income | $0 |
| Net income | $7,757 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $7,757 |
Lindell Bank & Trust Company's gross interest income from loans was $20,445,000.
Lindell Bank & Trust Company's net interest income from loans was $19,357,000.
Lindell Bank & Trust Company's fee based income from loans was $988,000.
Lindell Bank & Trust Company's net income from loans was $7,757,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $1,088 |
| Provision for credit losses | $0 |
| Total noninterest expense | $13,557 |
| Salaries and employee benefits | $6,579 |
| Premises and equipment expense | $2,206 |
| Additional noninterest expense | $4,772 |
| Applicable income taxes | $0 |
| Net charge-offs | $-420 |
| Cash dividends | $41,830 |
Lindell Bank & Trust Company's interest expense for loans was $1,088,000.
Lindell Bank & Trust Company's payroll and benefits expense were $6,579,000.
Lindell Bank & Trust Company's property, plant and equipment expenses $2,206,000.
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 | $464,348 |
| Deposits held in domestic offices | $464,348 |
| Deposits by Individuals, partnerships, and corporations | $432,101 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $32,247 |
| 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 | $38,564 |
| Demand deposits | $31,049 |
| Nontransaction accounts | $425,784 |
| Money market deposit accounts (MMDAs) | $107,851 |
| Other savings deposits (excluding MMDAs) | $264,091 |
| Total time deposits | $53,842 |
| Total time and savings deposits | $433,299 |
| Noninterest-bearing deposits | $185,296 |
| Interest-bearing deposits | $279,052 |
| Retail deposits | $454,407 |
| IRAs and Keogh plan accounts | $10,660 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $540,147 |
| Cash & Balances due from depository institutions | $31,849 |
| Interest-bearing balances | $27,700 |
| Total securities | $199,386 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $280,258 |
| Loan and leases loss allowance | $20,998 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $19,198 |
| Other real estate owned | $229 |
| Goodwill and other intangibles | $5,121 |
| All other assets | $4,106 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $540,147 |
| Total Liabilities | $467,353 |
| Total deposits | $464,348 |
| Interest-bearing deposits | $279,052 |
| Deposits held in domestic offices | $464,348 |
| % insured (estimated) | $76 |
| Federal funds purchased and repurchase agreements | $2,421 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $584 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $280,258 |
| Loan and leases loss allowance | $20,998 |
| Total loans and leases (domestic) | $301,256 |
| All real estate loans | $241,548 |
| Real estate loans in domestic offices | $241,548 |
| Construction and development loans | $17,906 |
| Residential 1-4 family construction | $16,080 |
| Other construction, all land development and other land | $1,826 |
| Loans secured by nonfarm nonresidential properties | $106,514 |
| Nonfarm nonresidential secured by owner-occupied properties | $65,868 |
| Commercial real estate & other non-farm, non-residential | $40,646 |
| Multifamily residential real estate | $20,690 |
| 1-4 family residential loans | $96,341 |
| Farmland loans | $97 |
| Loans held in foreign offices | $0 |
| Farm loans | $0 |
| Commercial and industrial loans | $57,356 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $1,982 |
| Credit card loans | $469 |
| Related Plans | $0 |
| Consumer Auto Loans | $291 |
| Other loans to individuals | $1,222 |
| All other loans & leases | $1,734 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $1,510 |
| 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 | $393 |
| Non 1-4 family restructured loans & leases | $278 |
| Total loans and leases (foreign) | $0 |
Lindell Bank & Trust Company had $280,258,000 of loans outstanding in 2020. $241,548,000 of loans were in real estate loans. $17,906,000 of loans were in development loans. $20,690,000 of loans were in multifamily mortgage loans. $96,341,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $469,000 of loans were in credit card loans. $291,000 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 | 170 | $41,399 | $243,524 |
| Nonfarm, nonresidential loans - <$100k | 23 | $1,514 | $65,826 |
| Nonfarm, nonresidential loans - $100-250k | 69 | $9,485 | $137,464 |
| Nonfarm, nonresidential loans - $250k-1MM | 78 | $30,400 | $389,744 |
| Commercial & Industrial, US addressed loans - <$1MM | 718 | $42,709 | $59,483 |
| Commercial & Industrial, US addressed loans - <$100k | 580 | $14,299 | $24,653 |
| Commercial & Industrial, US addressed loans - $100-250k | 83 | $10,267 | $123,699 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 55 | $18,143 | $329,873 |
| Farmland loans - <$1MM | 1 | $97 | $97,000 |
| Farmland loans - $100-250k | 1 | $97 | $97,000 |