Bank Of Stockton Mortgage Rates, Fees & Info

Stockton, CA

LEI: 254900SRWC0U4V5XQ024

Tax ID: 94-0902780

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Mortgage Data

Bank Data

Review & Overview

Bank Of Stockton is a smaller bank specializing in Home Purchase and Refi loans. Bank Of Stockton has a high proportion of conventional loans. Their top markets by origination volume include: Stockton, Modesto, Sacramento, San Francisco, and Sonora among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)

Bank Of Stockton has an 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

139

Origination Dollar Volume (All Markets)

$52,305,000

Employee count

388

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
STOCKTON, CA (FHA|USDA|VA) 64 $24,890,000 $388,906 $0 0.00%
MODESTO, CA (FHA|USDA|VA) 26 $9,450,000 $363,462 $0 0.00%
Outside of Metro Areas 13 $3,845,000 $295,769 $0 0.00%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 10 $3,310,000 $331,000 $0 0.00%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 5 $2,965,000 $593,000 $0 0.00%
Sonora, CA (FHA|USDA|VA) 8 $2,130,000 $266,250 $0 0.00%
NAPA, CA (FHA|USDA|VA) 2 $1,250,000 $625,000 $0 0.00%
SALINAS, CA (FHA|USDA|VA) 1 $925,000 $925,000 $0 0.00%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $910,000 $455,000 $0 0.00%
VALLEJO, CA (FHA|USDA|VA) 3 $685,000 $228,333 $0 0.00%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $655,000 $655,000 $0 0.00%
VISALIA, CA (FHA|USDA|VA) 1 $465,000 $465,000 $0 0.00%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $375,000 $375,000 $0 0.00%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $295,000 $295,000 $0 0.00%
YUBA CITY, CA (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
Bank Of Stockton's top markets include Stockton, Modesto, Sacramento, San Francisco, and Sonora among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 139 $52,305,000 $376,295 $0 0.00%

    For 2018, Bank Of Stockton's most frequently originated type of loan was Conventional, with 139 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 66 $26,880,000 $407,273 $0 0.00%
    Refi 40 $17,550,000 $438,750 $0 0.00%
    Cash Out Refi 26 $5,860,000 $225,385 $0 0.00%
    Other 4 $820,000 $205,000 $0 0.00%
    Home Improvement 3 $1,195,000 $398,333 $0 0.00%

    For 2018, Bank Of Stockton's most frequently cited loan purpose was Home Purchase, with 66 originations. The 2nd most popular reason was Refi, with 40 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 139 $52,305,000 $376,295 $0 0.00%

    For 2018, Bank Of Stockton's most frequently cited loan duration was Other, with 139 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 54 $15,230,000 $282,037 $0 0.00%
    $100k-200k 34 $5,310,000 $156,176 $0 0.00%
    $400k-600k 20 $9,600,000 $480,000 $0 0.00%
    $600k-1MM 17 $13,155,000 $773,824 $0 0.00%
    $100,000 or less 8 $610,000 $76,250 $0 0.00%
    $1MM+ 6 $8,400,000 $1,400,000 $0 0.00%

    2018 saw Bank Of Stockton place emphasis on $200k-400k loans with 54 originations, totaling $15,230,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 24 $10,900,000 $454,167 $0 0.00%
    $150k-250k 22 $7,820,000 $355,455 $0 0.00%
    $75k-100k 14 $3,010,000 $215,000 $0 0.00%
    $50k-75k 13 $2,355,000 $181,154 $0 0.00%
    $100k-150k 10 $2,950,000 $295,000 $0 0.00%
    $50k or less 6 $1,020,000 $170,000 $0 0.00%

    Bank Of Stockton lent most frequently to those with incomes in the $250k+ range, with 24 originations. The second most popular income band? $150k-250k, with 22 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 139 $52,305,000 $376,295 $0 0.00%

    Bank Of Stockton lent most frequently to those with DTI ratios of Exempt%, with 139 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 90 $29,680,000 $329,778 $0 0.00%
    Not applicable 35 $17,215,000 $491,857 $0 0.00%
    Asian 13 $4,975,000 $382,692 $0 0.00%
    Not provided 1 $435,000 $435,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    83.50%

    Bank Of Stockton has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    82.73%

    Bank Of Stockton has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 139 $52,305,000 $376,295

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 21 $14,895,000 $709,286
    Single Family (1-4 Units):Manufactured 2 $320,000 $160,000
    Single Family (1-4 Units):Site-Built 116 $37,090,000 $319,741

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    BANK OF THE WEST Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 4 14.8%
    BANK OF THE WEST VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 3.7%
    BANK OF THE WEST Other type of mortgage Trouble during payment process 3 11.1%
    BANK OF THE WEST Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 3.7%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Trouble during payment process 5 18.5%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Struggling to pay mortgage 1 3.7%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Incorrect information on your report 2 7.4%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Closing on a mortgage 1 3.7%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 4 14.8%
    BANK OF THE WEST FHA mortgage Closing on a mortgage 1 3.7%
    BANK OF THE WEST Conventional home mortgage Trouble during payment process 1 3.7%
    BANK OF THE WEST Conventional home mortgage Struggling to pay mortgage 1 3.7%
    BANK OF THE WEST Conventional home mortgage Closing on a mortgage 2 7.4%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Bank of Stockton 1175 North Tracy Boulevard Tracy, CA 95376 Full Service B&M $132,354
    Bank of Stockton 120 West Walnut Street Lodi, CA 95240 Full Service B&M $213,397
    Bank of Stockton 1302 J Street Modesto, CA 95354 Full Service B&M $276,062
    Bank of Stockton 134 S. Golden State Blvd. Turlock, CA 95380 Full Service B&M $114,561
    Bank of Stockton 1376 East 'f' Street Oakdale, CA 95361 Full Service B&M $55,780
    Bank of Stockton 1505 Second Street Napa, CA 94559 Full Service B&M $43,149
    Bank of Stockton 20004 State Highway 88 Pine Grove, CA 95665 Full Service B&M $70,448
    Bank of Stockton 229 South Main Street Angels Camp, CA 95222 Full Service B&M $50,678
    Bank of Stockton 230 Main Street Rio Vista, CA 94571 Full Service B&M $52,798
    Bank of Stockton 234 West Main Street Ripon, CA 95366 Full Service B&M $133,494
    Bank of Stockton 2407 Waterman Boulevard Fairfield, CA 94533 Full Service B&M $32,268
    Bank of Stockton 242 South Washington Street Sonora, CA 95370 Full Service B&M $63,906
    Bank of Stockton 301 East Miner Avenue Stockton, CA 95202 Full Service B&M $475,902
    Bank of Stockton 4204 Dale Road Modesto, CA 95354 Full Service B&M $60,607
    Bank of Stockton 4515 Quail Lakes Drive Stockton, CA 95207 Full Service B&M $122,343
    Bank of Stockton 6590 Lone Tree Way Brentwood, CA 94513 Full Service B&M $16,855
    Bank of Stockton 660 North Main Street Manteca, CA 95336 Full Service B&M $224,338
    Bank of Stockton 6808 Pacific Avenue Stockton, CA 95207 Full Service B&M $183,722
    Bank of Stockton 8150 Laguna Boulevard Elk Grove, CA 95758 Full Service B&M $57,125

    For 2018, Bank Of Stockton had 19 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $115,843
    Net interest income $113,073
    Total noninterest income $24,557
    Gross Fiduciary activities income $5,486
    Service charges on deposit accounts $5,491
    Trading account gains and fees $0
    Additional Noninterest Income $13,580
    Pre-tax net operating income $64,488
    Securities gains (or losses, -) $-10,267
    Income before extraordinary items $42,250
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $42,250
    Minority interest net income $0
    Net income $42,250
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $50,360

    Bank Of Stockton's gross interest income from loans was $115,843,000.
    Bank Of Stockton's net interest income from loans was $113,073,000.
    Bank Of Stockton's fee based income from loans was $5,491,000.
    Bank Of Stockton's net income from loans was $42,250,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,770
    Provision for credit losses $5,000
    Total noninterest expense $68,142
    Salaries and employee benefits $45,463
    Premises and equipment expense $6,277
    Additional noninterest expense $16,402
    Applicable income taxes $11,971
    Net charge-offs $3,487
    Cash dividends $16,179

    Bank Of Stockton's interest expense for loans was $2,770,000.
    Bank Of Stockton's payroll and benefits expense were $45,463,000.
    Bank Of Stockton's property, plant and equipment expenses $6,277,000.

    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 1.5%
    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 $2,563,940
    Deposits held in domestic offices $2,563,940
    Deposits by Individuals, partnerships, and corporations $2,528,690
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $35,250
    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 $479,340
    Demand deposits $479,340
    Nontransaction accounts $2,084,600
    Money market deposit accounts (MMDAs) $1,401,172
    Other savings deposits (excluding MMDAs) $446,234
    Total time deposits $237,193
    Total time and savings deposits $2,084,600
    Noninterest-bearing deposits $853,473
    Interest-bearing deposits $1,710,467
    Retail deposits $2,479,625
    IRAs and Keogh plan accounts $34,316
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $3,161,922
    Cash & Balances due from depository institutions $170,610
    Interest-bearing balances $109,002
    Total securities $969,961
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,839,766
    Loan and leases loss allowance $56,086
    Trading account assets $0
    Bank premises and fixed assets $42,535
    Other real estate owned $0
    Goodwill and other intangibles $36,900
    All other assets $102,150

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $3,161,922
    Total Liabilities $2,685,257
    Total deposits $2,563,940
    Interest-bearing deposits $1,710,467
    Deposits held in domestic offices $2,563,940
    % insured (estimated) $65
    Federal funds purchased and repurchase agreements $2,195
    Trading liabilities $0
    Other borrowed funds $6,672
    Subordinated debt $0
    All other liabilities $112,450

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,839,766
    Loan and leases loss allowance $56,086
    Total loans and leases (domestic) $1,895,852
    All real estate loans $1,115,256
    Real estate loans in domestic offices $1,115,256
    Construction and development loans $62,637
    Residential 1-4 family construction $15,167
    Other construction, all land development and other land $47,470
    Loans secured by nonfarm nonresidential properties $508,387
    Nonfarm nonresidential secured by owner-occupied properties $154,812
    Commercial real estate & other non-farm, non-residential $353,575
    Multifamily residential real estate $66,801
    1-4 family residential loans $248,781
    Farmland loans $228,650
    Loans held in foreign offices $0
    Farm loans $126,079
    Commercial and industrial loans $222,627
    To non-U.S. addressees $0
    Loans to individuals $396,886
    Credit card loans $2,439
    Related Plans $575
    Consumer Auto Loans $355,066
    Other loans to individuals $38,806
    All other loans & leases $35,004
    Loans to foreign governments and official institutions $0
    Other loans $1,790
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $12,791
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $8,435
    Non 1-4 family restructured loans & leases $7,903
    Total loans and leases (foreign) $0

    Bank of Stockton had $1,839,766,000 of loans outstanding in 2018. $1,115,256,000 of loans were in real estate loans. $62,637,000 of loans were in development loans. $66,801,000 of loans were in multifamily mortgage loans. $248,781,000 of loans were in 1-4 family mortgage loans. $126,079,000 of loans were in farm loans. $2,439,000 of loans were in credit card loans. $355,066,000 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 387 $121,503 $313,961
    Nonfarm, nonresidential loans - <$100k 27 $1,126 $41,704
    Nonfarm, nonresidential loans - $100-250k 115 $15,151 $131,748
    Nonfarm, nonresidential loans - $250k-1MM 245 $105,226 $429,494
    Commercial & Industrial, US addressed loans - <$1MM 729 $92,026 $126,236
    Commercial & Industrial, US addressed loans - <$100k 357 $12,928 $36,213
    Commercial & Industrial, US addressed loans - $100-250k 175 $17,913 $102,360
    Commercial & Industrial, US addressed loans - $250k-1MM 197 $61,185 $310,584
    Farmland loans - <$1MM 97 $19,953 $205,701
    Farmland loans - <$100k 3 $148 $49,333
    Farmland loans - $100-250k 51 $7,331 $143,745
    Farmland loans - $250k-1MM 43 $12,474 $290,093
    Agriculture operations loans - <$1MM 141 $21,516 $152,596
    Agriculture operations loans - <$100k 46 $1,703 $37,022
    Agriculture operations loans - $100-250k 46 $6,089 $132,370
    Agriculture operations loans - $250k-1MM 49 $13,724 $280,082