The Kaw Valley State Bank And Trust Company Of Wamego Kansas Mortgage Rates, Fees & Info

Wamego, KS

LEI: 254900N10G1D8QK8M334

Tax ID: 48-0292690

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

    The Kaw Valley State Bank And Trust Company Of Wamego Kansas is a smaller bank specializing in Home Purchase and Refi loans. The Kaw Valley State Bank And Trust Company Of Wamego Kansas has a high proportion of conventional loans. Their top markets by origination volume include: Manhattan, Topeka, and Kansas City among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Kaw Valley State Bank And Trust Company Of Wamego Kansas 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.

    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

    172

    Origination Dollar Volume (All Markets)

    $29,620,000

    Employee count

    40

    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
    MANHATTAN, KS (FHA|USDA|VA) 108 $18,840,000 $174,444 $0 0.00%
    TOPEKA, KS (FHA|USDA|VA) 36 $7,110,000 $197,500 $0 0.00%
    Outside of Metro Areas 24 $2,660,000 $110,833 $0 0.00%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 4 $1,010,000 $252,500 $0 0.00%
    The Kaw Valley State Bank And Trust Company Of Wamego Kansas's top markets include Manhattan, Topeka, and Kansas City among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 172 $29,620,000 $172,209 $0 0.00%

    For 2021, The Kaw Valley State Bank And Trust Company Of Wamego Kansas's most frequently originated type of loan was Conventional, with 172 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 78 $12,940,000 $165,897 $0 0.00%
    Refi 69 $12,455,000 $180,507 $0 0.00%
    Cash Out Refi 20 $4,060,000 $203,000 $0 0.00%
    Other 5 $165,000 $33,000 $0 0.00%

    For 2021, The Kaw Valley State Bank And Trust Company Of Wamego Kansas's most frequently cited loan purpose was Home Purchase, with 78 originations. The 2nd most popular reason was Refi, with 69 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 172 $29,620,000 $172,209 $0 0.00%

    For 2021, The Kaw Valley State Bank And Trust Company Of Wamego Kansas's most frequently cited loan duration was Other, with 172 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 77 $11,465,000 $148,896 $0 0.00%
    $200k-400k 44 $11,180,000 $254,091 $0 0.00%
    $100,000 or less 42 $2,400,000 $57,143 $0 0.00%
    $400k-600k 8 $3,810,000 $476,250 $0 0.00%
    $600k-1MM 1 $765,000 $765,000 $0 0.00%

    2021 saw The Kaw Valley State Bank And Trust Company Of Wamego Kansas place emphasis on $100k-200k loans with 77 originations, totaling $11,465,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 49 $8,025,000 $163,776 $0 0.00%
    $75k-100k 41 $7,175,000 $175,000 $0 0.00%
    $100k-150k 24 $4,540,000 $189,167 $0 0.00%
    $50k or less 24 $2,110,000 $87,917 $0 0.00%
    $150k-250k 10 $3,120,000 $312,000 $0 0.00%
    $250k+ 1 $135,000 $135,000 $0 0.00%

    The Kaw Valley State Bank And Trust Company Of Wamego Kansas lent most frequently to those with incomes in the $50k-75k range, with 49 originations. The second most popular income band? $75k-100k, with 41 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 172 $29,620,000 $172,209 $0 0.00%

    The Kaw Valley State Bank And Trust Company Of Wamego Kansas lent most frequently to those with DTI ratios of Exempt%, with 172 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 137 $22,905,000 $167,190 $0 0.00%
    Not applicable 22 $4,480,000 $203,636 $0 0.00%
    Not provided 10 $1,840,000 $184,000 $0 0.00%
    American Indian 2 $270,000 $135,000 $0 0.00%
    Black 1 $125,000 $125,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    96.59%

    The Kaw Valley State Bank And Trust Company Of Wamego Kansas 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
    84.88%

    The Kaw Valley State Bank And Trust Company Of Wamego Kansas has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 172 $29,620,000 $172,209

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    172 $29,620,000 $172,209

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Kaw Valley State Bank and Trust Company 1015 Kaw Valley Park Circle Wamego, KS 66547 Full Service B&M $140,696
    Kaw Valley State Bank and Trust Company 103 E Parallel Street Clifton, KS 66937 Full Service B&M $15,611
    Kaw Valley State Bank and Trust Company 414 West Bertrand Avenue Saint Marys, KS 66536 Full Service B&M $43,682

    For 2021, The Kaw Valley State Bank And Trust Company Of Wamego Kansas had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $6,709
    Net interest income $5,953
    Total noninterest income $2,017
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $386
    Trading account gains and fees $0
    Additional Noninterest Income $1,631
    Pre-tax net operating income $3,460
    Securities gains (or losses, -) $107
    Income before extraordinary items $3,415
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $3,415
    Minority interest net income $0
    Net income $3,415
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $3,312

    The Kaw Valley State Bank And Trust Company Of Wamego Kansas's gross interest income from loans was $6,709,000.
    The Kaw Valley State Bank And Trust Company Of Wamego Kansas's net interest income from loans was $5,953,000.
    The Kaw Valley State Bank And Trust Company Of Wamego Kansas's fee based income from loans was $386,000.
    The Kaw Valley State Bank And Trust Company Of Wamego Kansas's net income from loans was $3,415,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $756
    Provision for credit losses $40
    Total noninterest expense $4,470
    Salaries and employee benefits $2,593
    Premises and equipment expense $498
    Additional noninterest expense $1,379
    Applicable income taxes $152
    Net charge-offs $-53
    Cash dividends $1,077

    The Kaw Valley State Bank And Trust Company Of Wamego Kansas's interest expense for loans was $756,000.
    The Kaw Valley State Bank And Trust Company Of Wamego Kansas's payroll and benefits expense were $2,593,000.
    The Kaw Valley State Bank And Trust Company Of Wamego Kansas's property, plant and equipment expenses $498,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 2.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 14.0%
    1-4 family residential loans 4.0%
    HELOC loans 0.0%
    All other family 5.0%
    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 $209,407
    Deposits held in domestic offices $209,407
    Deposits by Individuals, partnerships, and corporations $189,020
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $20,387
    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 $74,897
    Demand deposits $59,091
    Nontransaction accounts $134,510
    Money market deposit accounts (MMDAs) $68,458
    Other savings deposits (excluding MMDAs) $33,646
    Total time deposits $32,406
    Total time and savings deposits $150,316
    Noninterest-bearing deposits $59,068
    Interest-bearing deposits $150,340
    Retail deposits $206,893
    IRAs and Keogh plan accounts $8,909
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $236,283
    Cash & Balances due from depository institutions $27,471
    Interest-bearing balances $25,853
    Total securities $101,150
    Federal funds sold & reverse repurchase $0
    Net loans and leases $104,315
    Loan and leases loss allowance $2,214
    Trading account assets $0
    Bank premises and fixed assets $1,367
    Other real estate owned $136
    Goodwill and other intangibles $0
    All other assets $1,844

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $236,283
    Total Liabilities $210,738
    Total deposits $209,407
    Interest-bearing deposits $150,340
    Deposits held in domestic offices $209,407
    % insured (estimated) $76
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $1,225
    Subordinated debt $0
    All other liabilities $106

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $104,315
    Loan and leases loss allowance $2,214
    Total loans and leases (domestic) $106,529
    All real estate loans $68,661
    Real estate loans in domestic offices $68,661
    Construction and development loans $1,796
    Residential 1-4 family construction $1,691
    Other construction, all land development and other land $105
    Loans secured by nonfarm nonresidential properties $18,995
    Nonfarm nonresidential secured by owner-occupied properties $6,538
    Commercial real estate & other non-farm, non-residential $12,457
    Multifamily residential real estate $2,361
    1-4 family residential loans $27,663
    Farmland loans $17,846
    Loans held in foreign offices $0
    Farm loans $13,612
    Commercial and industrial loans $19,285
    To non-U.S. addressees $0
    Loans to individuals $3,701
    Credit card loans $904
    Related Plans $0
    Consumer Auto Loans $1,452
    Other loans to individuals $1,345
    All other loans & leases $1,270
    Loans to foreign governments and official institutions $0
    Other loans $147
    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 $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    THE KAW VALLEY STATE BANK AND TRUST COMPANY OF WAMEGO KANSAS had $104,315,000 of loans outstanding in 2021. $68,661,000 of loans were in real estate loans. $1,796,000 of loans were in development loans. $2,361,000 of loans were in multifamily mortgage loans. $27,663,000 of loans were in 1-4 family mortgage loans. $13,612,000 of loans were in farm loans. $904,000 of loans were in credit card loans. $1,452,000 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 88 $14,939 $169,761
    Nonfarm, nonresidential loans - <$100k 37 $1,220 $32,973
    Nonfarm, nonresidential loans - $100-250k 24 $2,651 $110,458
    Nonfarm, nonresidential loans - $250k-1MM 27 $11,068 $409,926
    Commercial & Industrial, US addressed loans - <$1MM 208 $16,416 $78,923
    Commercial & Industrial, US addressed loans - <$100k 151 $3,630 $24,040
    Commercial & Industrial, US addressed loans - $100-250k 26 $2,845 $109,423
    Commercial & Industrial, US addressed loans - $250k-1MM 31 $9,941 $320,677
    Farmland loans - <$1MM 114 $13,195 $115,746
    Farmland loans - <$100k 49 $1,500 $30,612
    Farmland loans - $100-250k 40 $4,949 $123,725
    Farmland loans - $250k-1MM 25 $6,746 $269,840
    Agriculture operations loans - <$1MM 154 $6,491 $42,149
    Agriculture operations loans - <$100k 118 $2,120 $17,966
    Agriculture operations loans - $100-250k 26 $3,062 $117,769
    Agriculture operations loans - $250k-1MM 10 $1,309 $130,900