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, Key West, Columbia, Des Moines, and Kansas City among others. We have data for 16 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

414

Origination Dollar Volume (All Markets)

$74,310,000

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	241	$36,285,000	$150,560	$0	0.00%
Moberly, MO (FHA\|USDA\|VA)	118	$15,900,000	$134,746	$0	0.00%
Key West, FL (FHA\|USDA\|VA)	2	$6,830,000	$3,415,000	$0	0.00%
COLUMBIA, MO (FHA\|USDA\|VA)	32	$6,580,000	$205,625	$0	0.00%
DES MOINES-WEST DES MOINES, IA (FHA\|USDA\|VA)	1	$2,645,000	$2,645,000	$0	0.00%
KANSAS CITY, MO-KS (FHA\|USDA\|VA)	4	$2,100,000	$525,000	$0	0.00%
LAKE HAVASU CITY-KINGMAN, AZ (FHA\|USDA\|VA)	2	$1,090,000	$545,000	$0	0.00%
Mexico, MO (FHA\|USDA\|VA)	4	$660,000	$165,000	$0	0.00%
Marshall, MO (FHA\|USDA\|VA)	2	$560,000	$280,000	$0	0.00%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA\|USDA\|VA)	1	$505,000	$505,000	$0	0.00%
ST. LOUIS, MO-IL (FHA\|USDA\|VA)	2	$330,000	$165,000	$0	0.00%
SPRINGFIELD, MO (FHA\|USDA\|VA)	1	$305,000	$305,000	$0	0.00%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	1	$155,000	$155,000	$0	0.00%
Fort Leonard Wood, MO (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	0.00%
Hannibal, MO (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	0.00%
Branson, MO (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	0.00%

Regional Missouri Bank's top markets include Moberly, Key West, Columbia, Des Moines, and Kansas City among others.

Their top states include:

Missouri (FHA|USDA|VA)

Florida (FHA|USDA|VA)

Iowa (FHA|USDA|VA)

Kansas (FHA|USDA|VA)

Arizona (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	414	$74,310,000	$179,493	$0	0.00%

For 2021, Regional Missouri Bank's most frequently originated type of loan was Conventional, with 414 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Refi	169	$29,685,000	$175,651	$0	0.00%
Home Purchase	166	$33,200,000	$200,000	$0	0.00%
Cash Out Refi	57	$9,935,000	$174,298	$0	0.00%
Home Improvement	13	$785,000	$60,385	$0	0.00%
Other	9	$705,000	$78,333	$0	0.00%

For 2021, Regional Missouri Bank's most frequently cited loan purpose was Refi, with 169 originations. The 2nd most popular reason was Home Purchase, with 166 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	414	$74,310,000	$179,493	$0	0.00%

For 2021, Regional Missouri Bank's most frequently cited loan duration was Other, with 414 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100,000 or less	164	$9,330,000	$56,890	$0	0.00%
$100k-200k	149	$21,435,000	$143,859	$0	0.00%
$200k-400k	78	$20,110,000	$257,821	$0	0.00%
$400k-600k	15	$7,315,000	$487,667	$0	0.00%
$1MM+	5	$13,925,000	$2,785,000	$0	0.00%
$600k-1MM	3	$2,195,000	$731,667	$0	0.00%

2021 saw Regional Missouri Bank place emphasis on $100,000 or less loans with 164 originations, totaling $9,330,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	105	$17,255,000	$164,333	$0	0.00%
$50k or less	87	$6,445,000	$74,080	$0	0.00%
$75k-100k	73	$10,355,000	$141,849	$0	0.00%
$50k-75k	56	$6,470,000	$115,536	$0	0.00%
$150k-250k	52	$11,640,000	$223,846	$0	0.00%
$250k+	14	$8,020,000	$572,857	$0	0.00%

Regional Missouri Bank lent most frequently to those with incomes in the $100k-150k range, with 105 originations. The second most popular income band? $50k or less, with 87 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	414	$74,310,000	$179,493	$0	0.00%

Regional Missouri Bank lent most frequently to those with DTI ratios of Exempt%, with 414 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	361	$55,065,000	$152,535	$0	0.00%
Not applicable	27	$14,125,000	$523,148	$0	0.00%
Not provided	17	$3,025,000	$177,941	$0	0.00%
Asian	3	$975,000	$325,000	$0	0.00%
American Indian	3	$615,000	$205,000	$0	0.00%
Filipino	1	$265,000	$265,000	$0	0.00%
Black	2	$240,000	$120,000	$0	0.00%

Approval Rates

Total approvals of all applications
94.18%

Regional Missouri Bank has an average approval rate.

Pick Rate

Approvals leading to origination
90.58%

Regional Missouri Bank has an average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	414	$74,310,000	$179,493

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	414	$74,310,000	$179,493

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	$13,962
Regional Missouri Bank	1201 South Missouri Avenue Marceline, MO 64658	Full Service B&M	$121,941
Regional Missouri Bank	207 East Rollins Street Moberly, MO 65270	Full Service B&M	$126,007
Regional Missouri Bank	301 East Highway 24 Salisbury, MO 65281	Full Service B&M	$63,361
Regional Missouri Bank	301 North Main Paris, MO 65275	Full Service B&M	$31,508
Regional Missouri Bank	400 West Bridge Street Keytesville, MO 65261	Full Service B&M	$33,887
Regional Missouri Bank	601 First Street Glasgow, MO 65254	Full Service B&M	$32,339
Regional Missouri Bank	700 Sthy 24 Moberly, MO 65270	Full Service B&M	$15,124

For 2021, Regional Missouri Bank had 8 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$18,537
Net interest income	$16,565
Total noninterest income	$1,739
Gross Fiduciary activities income	$0
Service charges on deposit accounts	$314
Trading account gains and fees	$0
Additional Noninterest Income	$1,425
Pre-tax net operating income	$8,376
Securities gains (or losses, -)	$-79
Income before extraordinary items	$8,297
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$8,297
Minority interest net income	$0
Net income	$8,297
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$8,376

Regional Missouri Bank's gross interest income from loans was $18,537,000.
Regional Missouri Bank's net interest income from loans was $16,565,000.
Regional Missouri Bank's fee based income from loans was $314,000.
Regional Missouri Bank's net income from loans was $8,297,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$1,972
Provision for credit losses	$372
Total noninterest expense	$9,556
Salaries and employee benefits	$6,153
Premises and equipment expense	$972
Additional noninterest expense	$2,431
Applicable income taxes	$0
Net charge-offs	$-22
Cash dividends	$5,063

Regional Missouri Bank's interest expense for loans was $1,972,000.
Regional Missouri Bank's payroll and benefits expense were $6,153,000.
Regional Missouri Bank's property, plant and equipment expenses $972,000.

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	$438,055
Deposits held in domestic offices	$438,055
Deposits by Individuals, partnerships, and corporations	$408,735
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$29,320
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	$262,874
Demand deposits	$214,803
Nontransaction accounts	$175,181
Money market deposit accounts (MMDAs)	$43,770
Other savings deposits (excluding MMDAs)	$42,204
Total time deposits	$89,208
Total time and savings deposits	$223,252
Noninterest-bearing deposits	$97,649
Interest-bearing deposits	$340,406
Retail deposits	$413,054
IRAs and Keogh plan accounts	$14,786
Brokered deposits	$12,856
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$497,079
Cash & Balances due from depository institutions	$22,497
Interest-bearing balances	$13,288
Total securities	$115,266
Federal funds sold & reverse repurchase	$544
Net loans and leases	$337,452
Loan and leases loss allowance	$3,232
Trading account assets	$0
Bank premises and fixed assets	$5,696
Other real estate owned	$0
Goodwill and other intangibles	$2,879
All other assets	$12,745

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$497,079
Total Liabilities	$445,975
Total deposits	$438,055
Interest-bearing deposits	$340,406
Deposits held in domestic offices	$438,055
% insured (estimated)	$71
Federal funds purchased and repurchase agreements	$0
Trading liabilities	$0
Other borrowed funds	$6,700
Subordinated debt	$0
All other liabilities	$1,220

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$337,452
Loan and leases loss allowance	$3,232
Total loans and leases (domestic)	$340,684
All real estate loans	$250,421
Real estate loans in domestic offices	$250,421
Construction and development loans	$4,215
Residential 1-4 family construction	$4,215
Other construction, all land development and other land	$0
Loans secured by nonfarm nonresidential properties	$55,826
Nonfarm nonresidential secured by owner-occupied properties	$40,099
Commercial real estate & other non-farm, non-residential	$15,727
Multifamily residential real estate	$97
1-4 family residential loans	$74,200
Farmland loans	$116,083
Loans held in foreign offices	$0
Farm loans	$29,348
Commercial and industrial loans	$50,153
To non-U.S. addressees	$0
Loans to individuals	$10,149
Credit card loans	$0
Related Plans	$3
Consumer Auto Loans	$6,067
Other loans to individuals	$4,079
All other loans & leases	$613
Loans to foreign governments and official institutions	$0
Other loans	$103
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	$1,572
Non 1-4 family restructured loans & leases	$1,572
Total loans and leases (foreign)	$0

Regional Missouri Bank had $337,452,000 of loans outstanding in 2021. $250,421,000 of loans were in real estate loans. $4,215,000 of loans were in development loans. $97,000 of loans were in multifamily mortgage loans. $74,200,000 of loans were in 1-4 family mortgage loans. $29,348,000 of loans were in farm loans. $0 of loans were in credit card loans. $6,067,000 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	195	$27,703	$142,067
Nonfarm, nonresidential loans - <$100k	87	$3,483	$40,034
Nonfarm, nonresidential loans - $100-250k	61	$7,101	$116,410
Nonfarm, nonresidential loans - $250k-1MM	47	$17,119	$364,234
Commercial & Industrial, US addressed loans - <$1MM	346	$22,901	$66,188
Commercial & Industrial, US addressed loans - <$100k	246	$5,379	$21,866
Commercial & Industrial, US addressed loans - $100-250k	54	$4,959	$91,833
Commercial & Industrial, US addressed loans - $250k-1MM	46	$12,563	$273,109
Farmland loans - <$1MM	426	$53,358	$125,254
Farmland loans - <$100k	161	$6,995	$43,447
Farmland loans - $100-250k	181	$22,723	$125,541
Farmland loans - $250k-1MM	84	$23,640	$281,429
Agriculture operations loans - <$1MM	770	$25,130	$32,636
Agriculture operations loans - <$100k	683	$14,567	$21,328
Agriculture operations loans - $100-250k	72	$7,837	$108,847
Agriculture operations loans - $250k-1MM	15	$2,726	$181,733