Regional Missouri Bank Mortgage Rates, Fees & Info

Marceline, MO

LEI: 254900RZAKWEVNKBVY93

Tax ID: 44-0161720

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

Review & Overview

Regional Missouri Bank is a smaller bank specializing in Refi and Home Purchase loans. Regional Missouri Bank has a high proportion of conventional loans. Their top markets by origination volume include: Moberly, Columbia, Kansas City, Warrensburg, and St. Louis among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)

Regional Missouri Bank 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.

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Originations

418

Origination Dollar Volume (All Markets)

$59,460,000

Employee count

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
Outside of Metro Areas	247	$33,465,000	$135,486	$0	0.00%
Moberly, MO (FHA\|USDA\|VA)	118	$16,460,000	$139,492	$0	0.00%
COLUMBIA, MO (FHA\|USDA\|VA)	30	$6,070,000	$202,333	$0	0.00%
KANSAS CITY, MO-KS (FHA\|USDA\|VA)	7	$1,405,000	$200,714	$0	0.00%
Warrensburg, MO (FHA\|USDA\|VA)	2	$380,000	$190,000	$0	0.00%
ST. LOUIS, MO-IL (FHA\|USDA\|VA)	2	$370,000	$185,000	$0	0.00%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA\|USDA\|VA)	1	$255,000	$255,000	$0	0.00%
Mexico, MO (FHA\|USDA\|VA)	2	$250,000	$125,000	$0	0.00%
JEFFERSON CITY, MO (FHA\|USDA\|VA)	3	$215,000	$71,667	$0	0.00%
SPRINGFIELD, MO (FHA\|USDA\|VA)	1	$205,000	$205,000	$0	0.00%
Hannibal, MO (FHA\|USDA\|VA)	2	$130,000	$65,000	$0	0.00%
Farmington, MO (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	0.00%
Kirksville, MO (FHA\|USDA\|VA)	1	$95,000	$95,000	$0	0.00%
Marshall, MO (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	0.00%

Regional Missouri Bank's top markets include Moberly, Columbia, Kansas City, Warrensburg, and St. Louis among others.

Their top states include:

Missouri (FHA|USDA|VA)

Kansas (FHA|USDA|VA)

Florida (FHA|USDA|VA)

Illinois (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	418	$59,460,000	$142,249	$0	0.00%

For 2020, Regional Missouri Bank's most frequently originated type of loan was Conventional, with 418 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Refi	234	$35,190,000	$150,385	$0	0.00%
Home Purchase	115	$14,025,000	$121,957	$0	0.00%
Cash Out Refi	60	$9,770,000	$162,833	$0	0.00%
Other	7	$345,000	$49,286	$0	0.00%
Home Improvement	2	$130,000	$65,000	$0	0.00%

For 2020, Regional Missouri Bank's most frequently cited loan purpose was Refi, with 234 originations. The 2nd most popular reason was Home Purchase, with 115 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	418	$59,460,000	$142,249	$0	0.00%

For 2020, Regional Missouri Bank's most frequently cited loan duration was Other, with 418 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-200k	182	$26,900,000	$147,802	$0	0.00%
$100,000 or less	155	$8,435,000	$54,419	$0	0.00%
$200k-400k	67	$16,805,000	$250,821	$0	0.00%
$400k-600k	12	$5,610,000	$467,500	$0	0.00%
$1MM+	1	$1,005,000	$1,005,000	$0	0.00%
$600k-1MM	1	$705,000	$705,000	$0	0.00%

2020 saw Regional Missouri Bank place emphasis on $100k-200k loans with 182 originations, totaling $26,900,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	94	$15,350,000	$163,298	$0	0.00%
$50k-75k	93	$10,035,000	$107,903	$0	0.00%
$50k or less	84	$6,290,000	$74,881	$0	0.00%
$75k-100k	80	$11,400,000	$142,500	$0	0.00%
$150k-250k	39	$8,995,000	$230,641	$0	0.00%
$250k+	15	$4,045,000	$269,667	$0	0.00%

Regional Missouri Bank lent most frequently to those with incomes in the $100k-150k range, with 94 originations. The second most popular income band? $50k-75k, with 93 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	418	$59,460,000	$142,249	$0	0.00%

Regional Missouri Bank lent most frequently to those with DTI ratios of Exempt%, with 418 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	371	$51,115,000	$137,776	$0	0.00%
Not provided	30	$4,360,000	$145,333	$0	0.00%
Not applicable	13	$3,345,000	$257,308	$0	0.00%
American Indian	2	$490,000	$245,000	$0	0.00%
Native Hawaiian or Islander	1	$125,000	$125,000	$0	0.00%
Black	1	$25,000	$25,000	$0	0.00%

Approval Rates

Total approvals of all applications
95.09%

Regional Missouri Bank 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
93.54%

Regional Missouri Bank has an average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	418	$59,460,000	$142,249

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Multifamily:Site-Built	5	$1,345,000	$269,000
Single Family (1-4 Units):Manufactured	29	$2,125,000	$73,276
Single Family (1-4 Units):Site-Built	384	$55,990,000	$145,807

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
Regional Missouri Bank	100 South Kansas Avenue Marceline, MO 64658	Full Service B&M	$11,871
Regional Missouri Bank	1201 South Missouri Avenue Marceline, MO 64658	Full Service B&M	$90,537
Regional Missouri Bank	207 East Rollins Street Moberly, MO 65270	Full Service B&M	$99,381
Regional Missouri Bank	301 East Highway 24 Salisbury, MO 65281	Full Service B&M	$47,958
Regional Missouri Bank	301 North Main Paris, MO 65275	Full Service B&M	$26,428
Regional Missouri Bank	400 West Bridge Street Keytesville, MO 65261	Full Service B&M	$28,310
Regional Missouri Bank	601 First Street Glasgow, MO 65254	Full Service B&M	$27,689
Regional Missouri Bank	700 Sthy 24 Moberly, MO 65270	Full Service B&M	$12,372

For 2020, Regional Missouri Bank had 8 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$17,406
Net interest income	$14,907
Total noninterest income	$2,075
Gross Fiduciary activities income	$0
Service charges on deposit accounts	$335
Trading account gains and fees	$0
Additional Noninterest Income	$1,740
Pre-tax net operating income	$8,116
Securities gains (or losses, -)	$4
Income before extraordinary items	$8,120
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$8,120
Minority interest net income	$0
Net income	$8,120
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$8,116

Regional Missouri Bank's gross interest income from loans was $17,406,000.
Regional Missouri Bank's net interest income from loans was $14,907,000.
Regional Missouri Bank's fee based income from loans was $335,000.
Regional Missouri Bank's net income from loans was $8,120,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$2,499
Provision for credit losses	$271
Total noninterest expense	$8,595
Salaries and employee benefits	$5,522
Premises and equipment expense	$805
Additional noninterest expense	$2,268
Applicable income taxes	$0
Net charge-offs	$4
Cash dividends	$5,488

Regional Missouri Bank's interest expense for loans was $2,499,000.
Regional Missouri Bank's payroll and benefits expense were $5,522,000.
Regional Missouri Bank's property, plant and equipment expenses $805,000.

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	$389,493
Deposits held in domestic offices	$389,493
Deposits by Individuals, partnerships, and corporations	$362,415
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$23,161
Deposits by Commercial banks and other depository institutions in U.S.	$3,917
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$39,318
Demand deposits	$33,528
Nontransaction accounts	$350,175
Money market deposit accounts (MMDAs)	$41,884
Other savings deposits (excluding MMDAs)	$208,025
Total time deposits	$100,265
Total time and savings deposits	$355,965
Noninterest-bearing deposits	$88,562
Interest-bearing deposits	$300,931
Retail deposits	$359,040
IRAs and Keogh plan accounts	$15,161
Brokered deposits	$15,606
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$446,583
Cash & Balances due from depository institutions	$37,023
Interest-bearing balances	$28,105
Total securities	$88,798
Federal funds sold & reverse repurchase	$864
Net loans and leases	$299,094
Loan and leases loss allowance	$2,839
Trading account assets	$0
Bank premises and fixed assets	$5,621
Other real estate owned	$0
Goodwill and other intangibles	$2,900
All other assets	$12,283

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$446,583
Total Liabilities	$397,795
Total deposits	$389,493
Interest-bearing deposits	$300,931
Deposits held in domestic offices	$389,493
% insured (estimated)	$74
Federal funds purchased and repurchase agreements	$0
Trading liabilities	$0
Other borrowed funds	$7,200
Subordinated debt	$0
All other liabilities	$1,102

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$299,094
Loan and leases loss allowance	$2,839
Total loans and leases (domestic)	$301,933
All real estate loans	$216,419
Real estate loans in domestic offices	$216,419
Construction and development loans	$5,817
Residential 1-4 family construction	$5,700
Other construction, all land development and other land	$117
Loans secured by nonfarm nonresidential properties	$46,834
Nonfarm nonresidential secured by owner-occupied properties	$25,896
Commercial real estate & other non-farm, non-residential	$20,938
Multifamily residential real estate	$114
1-4 family residential loans	$62,537
Farmland loans	$101,117
Loans held in foreign offices	$0
Farm loans	$28,233
Commercial and industrial loans	$44,656
To non-U.S. addressees	$0
Loans to individuals	$12,127
Credit card loans	$0
Related Plans	$4
Consumer Auto Loans	$4,594
Other loans to individuals	$7,529
All other loans & leases	$497
Loans to foreign governments and official institutions	$0
Other loans	$37
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	$1,039
Non 1-4 family restructured loans & leases	$1,039
Total loans and leases (foreign)	$0

Regional Missouri Bank had $299,094,000 of loans outstanding in 2020. $216,419,000 of loans were in real estate loans. $5,817,000 of loans were in development loans. $114,000 of loans were in multifamily mortgage loans. $62,537,000 of loans were in 1-4 family mortgage loans. $28,233,000 of loans were in farm loans. $0 of loans were in credit card loans. $4,594,000 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	173	$25,804	$149,156
Nonfarm, nonresidential loans - <$100k	80	$3,080	$38,500
Nonfarm, nonresidential loans - $100-250k	47	$5,115	$108,830
Nonfarm, nonresidential loans - $250k-1MM	46	$17,609	$382,804
Commercial & Industrial, US addressed loans - <$1MM	471	$26,084	$55,380
Commercial & Industrial, US addressed loans - <$100k	375	$7,415	$19,773
Commercial & Industrial, US addressed loans - $100-250k	55	$6,280	$114,182
Commercial & Industrial, US addressed loans - $250k-1MM	41	$12,389	$302,171
Farmland loans - <$1MM	424	$51,265	$120,908
Farmland loans - <$100k	167	$6,970	$41,737
Farmland loans - $100-250k	179	$21,971	$122,743
Farmland loans - $250k-1MM	78	$22,324	$286,205
Agriculture operations loans - <$1MM	779	$24,108	$30,947
Agriculture operations loans - <$100k	695	$14,607	$21,017
Agriculture operations loans - $100-250k	71	$6,726	$94,732
Agriculture operations loans - $250k-1MM	13	$2,775	$213,462