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 two markets are St. Louis and Jefferson City .Lindell Bank & Trust Company has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
191Origination Dollar Volume (All Markets)
$41,285,000Employee count
139Top 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) | 181 | $39,295,000 | $217,099 | $0 | 0.00% |
| Outside of Metro Areas | 9 | $1,815,000 | $201,667 | $0 | 0.00% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 191 | $41,285,000 | $216,152 | $0 | 0.00% |
For 2021, Lindell Bank & Trust Company's most frequently originated type of loan was Conventional, with 191 originations.
Loan Reason
For 2021, Lindell Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 118 originations. The 2nd most popular reason was Refi, with 67 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 191 | $41,285,000 | $216,152 | $0 | 0.00% |
For 2021, Lindell Bank & Trust Company's most frequently cited loan duration was Other, with 191 originations.
Loan Sizing
2021 saw Lindell Bank & Trust Company place emphasis on $100k-200k loans with 70 originations, totaling $9,960,000 in origination value.
Applicant Income
Lindell Bank & Trust Company lent most frequently to those with incomes in the $50k-75k range, with 14 originations. The second most popular income band? $100k-150k, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 191 | $41,285,000 | $216,152 | $0 | 0.00% |
Lindell Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 191 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.18%
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 origination89.01%
Lindell Bank & Trust Company has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 191 | $41,285,000 | $216,152 |
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 | $26,380 |
| Lindell Bank & Trust Company | 1037 Majestic Drive Fenton, MO 63026 | Full Service B&M | $47,660 |
| Lindell Bank & Trust Company | 12040 Tesson Ferry Road Saint Louis, MO 63128 | Full Service B&M | $46,041 |
| Lindell Bank & Trust Company | 15500 Olive Boulevard Chesterfield, MO 63017 | Full Service B&M | $31,474 |
| Lindell Bank & Trust Company | 169 Long Road Chesterfield, MO 63005 | Full Service B&M | $28,337 |
| Lindell Bank & Trust Company | 219 Thresher Dr Eureka, MO 63025 | Full Service B&M | $95,630 |
| Lindell Bank & Trust Company | 23 Dillon Plaza Dr High Ridge, MO 63049 | Full Service B&M | $58,844 |
| Lindell Bank & Trust Company | 2620 Highway 109 Grover, MO 63040 | Full Service B&M | $31,360 |
| Lindell Bank & Trust Company | 2745 N Grand Blvd Saint Louis, MO 63106 | Full Service B&M | $26,713 |
| Lindell Bank & Trust Company | 3060 Clarkson Rd Chesterfield, MO 63017 | Full Service B&M | $18,406 |
| Lindell Bank & Trust Company | 3201 North Highway 94 St. Charles, MO 63301 | Full Service B&M | $54,743 |
| Lindell Bank & Trust Company | 327-333 Missouri Avenue East St. Louis, IL 62202 | Full Service B&M | $57,164 |
| Lindell Bank & Trust Company | 3921 Hampton Avenue St. Louis, MO 63109 | Full Service B&M | $25,763 |
| Lindell Bank & Trust Company | 4521 State Hwy K O Fallon, MO 63368 | Full Service B&M | $19,242 |
| Lindell Bank & Trust Company | 5500 Mexico Road St. Peters, MO 63376 | Full Service B&M | $65,015 |
| Lindell Bank & Trust Company | 6900 Clayton Ave St. Louis, MO 63139 | Full Service B&M | $126,068 |
For 2021, Lindell Bank & Trust Company had 16 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $29,220 |
| Net interest income | $28,553 |
| Total noninterest income | $4,093 |
| Gross Fiduciary activities income | $2 |
| Service charges on deposit accounts | $1,301 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $2,790 |
| Pre-tax net operating income | $12,806 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $12,806 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $12,806 |
| Minority interest net income | $0 |
| Net income | $12,806 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $12,806 |
Lindell Bank & Trust Company's gross interest income from loans was $29,220,000.
Lindell Bank & Trust Company's net interest income from loans was $28,553,000.
Lindell Bank & Trust Company's fee based income from loans was $1,301,000.
Lindell Bank & Trust Company's net income from loans was $12,806,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $667 |
| Provision for credit losses | $-400 |
| Total noninterest expense | $20,240 |
| Salaries and employee benefits | $9,149 |
| Premises and equipment expense | $3,203 |
| Additional noninterest expense | $7,888 |
| Applicable income taxes | $0 |
| Net charge-offs | $-355 |
| Cash dividends | $2,214 |
Lindell Bank & Trust Company's interest expense for loans was $667,000.
Lindell Bank & Trust Company's payroll and benefits expense were $9,149,000.
Lindell Bank & Trust Company's property, plant and equipment expenses $3,203,000.
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 | $738,989 |
| Deposits held in domestic offices | $738,989 |
| Deposits by Individuals, partnerships, and corporations | $693,560 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $45,429 |
| 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 | $52,772 |
| Demand deposits | $42,468 |
| Nontransaction accounts | $686,217 |
| Money market deposit accounts (MMDAs) | $191,192 |
| Other savings deposits (excluding MMDAs) | $423,627 |
| Total time deposits | $71,398 |
| Total time and savings deposits | $696,521 |
| Noninterest-bearing deposits | $296,493 |
| Interest-bearing deposits | $442,496 |
| Retail deposits | $729,233 |
| IRAs and Keogh plan accounts | $18,370 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $867,606 |
| Cash & Balances due from depository institutions | $13,274 |
| Interest-bearing balances | $7,977 |
| Total securities | $399,545 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $390,388 |
| Loan and leases loss allowance | $20,987 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $32,629 |
| Other real estate owned | $863 |
| Goodwill and other intangibles | $13,612 |
| All other assets | $17,295 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $867,606 |
| Total Liabilities | $744,759 |
| Total deposits | $738,989 |
| Interest-bearing deposits | $442,496 |
| Deposits held in domestic offices | $738,989 |
| % insured (estimated) | $77 |
| Federal funds purchased and repurchase agreements | $5,313 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $457 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $390,388 |
| Loan and leases loss allowance | $20,987 |
| Total loans and leases (domestic) | $411,375 |
| All real estate loans | $352,938 |
| Real estate loans in domestic offices | $352,938 |
| Construction and development loans | $43,533 |
| Residential 1-4 family construction | $34,302 |
| Other construction, all land development and other land | $9,231 |
| Loans secured by nonfarm nonresidential properties | $158,204 |
| Nonfarm nonresidential secured by owner-occupied properties | $82,692 |
| Commercial real estate & other non-farm, non-residential | $75,512 |
| Multifamily residential real estate | $17,537 |
| 1-4 family residential loans | $132,797 |
| Farmland loans | $867 |
| Loans held in foreign offices | $0 |
| Farm loans | $0 |
| Commercial and industrial loans | $53,530 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $3,662 |
| Credit card loans | $435 |
| Related Plans | $0 |
| Consumer Auto Loans | $1,042 |
| Other loans to individuals | $2,185 |
| All other loans & leases | $2,474 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $1,000 |
| 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 | $302 |
| Non 1-4 family restructured loans & leases | $198 |
| Total loans and leases (foreign) | $0 |
Lindell Bank & Trust Company had $390,388,000 of loans outstanding in 2021. $352,938,000 of loans were in real estate loans. $43,533,000 of loans were in development loans. $17,537,000 of loans were in multifamily mortgage loans. $132,797,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $435,000 of loans were in credit card loans. $1,042,000 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 | 198 | $47,508 | $239,939 |
| Nonfarm, nonresidential loans - <$100k | 27 | $1,227 | $45,444 |
| Nonfarm, nonresidential loans - $100-250k | 77 | $10,392 | $134,961 |
| Nonfarm, nonresidential loans - $250k-1MM | 94 | $35,889 | $381,798 |
| Commercial & Industrial, US addressed loans - <$1MM | 393 | $36,993 | $94,130 |
| Commercial & Industrial, US addressed loans - <$100k | 270 | $8,384 | $31,052 |
| Commercial & Industrial, US addressed loans - $100-250k | 69 | $7,871 | $114,072 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 54 | $20,738 | $384,037 |
| Farmland loans - <$1MM | 4 | $867 | $216,750 |
| Farmland loans - <$100k | 1 | $23 | $23,000 |
| Farmland loans - $100-250k | 1 | $90 | $90,000 |
| Farmland loans - $250k-1MM | 2 | $754 | $377,000 |