Bank Of Bartlett Mortgage Rates, Fees & Info

Bartlett, TN

LEI: 5493001EXVWX6Q13MY44

Tax ID: 62-1072448

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
  • Complaints
  • 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

    Bank Of Bartlett is a smaller bank specializing in Refi and Home Purchase loans. Bank Of Bartlett has a high proportion of conventional loans. Their top markets by origination volume include: Memphis, Hot Springs, Atlanta, Jackson, and Winston among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Bank Of Bartlett 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.

    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

    201

    Origination Dollar Volume (All Markets)

    $41,295,000

    Employee count

    103

    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
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 195 $39,665,000 $203,410 $0 0.00%
    Outside of Metro Areas 2 $600,000 $300,000 $0 0.00%
    HOT SPRINGS, AR (FHA|USDA|VA) 1 $455,000 $455,000 $0 0.00%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $405,000 $405,000 $0 0.00%
    JACKSON, TN (FHA|USDA|VA) 1 $95,000 $95,000 $0 0.00%
    WINSTON-SALEM, NC (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
    Bank Of Bartlett's top markets include Memphis, Hot Springs, Atlanta, Jackson, and Winston among others.

    Their top states include:
  • Tennessee (FHA|USDA|VA)
  • Mississippi (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 201 $41,295,000 $205,448 $0 0.00%

    For 2021, Bank Of Bartlett's most frequently originated type of loan was Conventional, with 201 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 110 $21,670,000 $197,000 $0 0.00%
    Home Purchase 77 $17,475,000 $226,948 $0 0.00%
    Other 12 $1,320,000 $110,000 $0 0.00%
    Home Improvement 2 $830,000 $415,000 $0 0.00%

    For 2021, Bank Of Bartlett's most frequently cited loan purpose was Refi, with 110 originations. The 2nd most popular reason was Home Purchase, with 77 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 201 $41,295,000 $205,448 $0 0.00%

    For 2021, Bank Of Bartlett's most frequently cited loan duration was Other, with 201 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 71 $4,645,000 $65,423 $0 0.00%
    $100k-200k 57 $8,255,000 $144,825 $0 0.00%
    $200k-400k 47 $12,165,000 $258,830 $0 0.00%
    $400k-600k 20 $9,490,000 $474,500 $0 0.00%
    $600k-1MM 4 $2,830,000 $707,500 $0 0.00%
    $1MM+ 2 $3,910,000 $1,955,000 $0 0.00%

    2021 saw Bank Of Bartlett place emphasis on $100,000 or less loans with 71 originations, totaling $4,645,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 38 $13,110,000 $345,000 $0 0.00%
    $50k-75k 36 $5,170,000 $143,611 $0 0.00%
    $100k-150k 34 $5,850,000 $172,059 $0 0.00%
    $150k-250k 33 $7,825,000 $237,121 $0 0.00%
    $50k or less 23 $2,715,000 $118,043 $0 0.00%
    $75k-100k 22 $3,240,000 $147,273 $0 0.00%

    Bank Of Bartlett lent most frequently to those with incomes in the $250k+ range, with 38 originations. The second most popular income band? $50k-75k, with 36 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 201 $41,295,000 $205,448 $0 0.00%

    Bank Of Bartlett lent most frequently to those with DTI ratios of Exempt%, with 201 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 142 $25,870,000 $182,183 $0 0.00%
    Asian 20 $7,200,000 $360,000 $0 0.00%
    Black 22 $4,610,000 $209,545 $0 0.00%
    Not applicable 15 $3,385,000 $225,667 $0 0.00%
    Not provided 1 $175,000 $175,000 $0 0.00%
    Korean 1 $55,000 $55,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    87.12%

    Bank Of Bartlett has an average approval rate.

    Pick Rate

    Approvals leading to origination
    76.62%

    Bank Of Bartlett has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 201 $41,295,000 $205,448

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    201 $41,295,000 $205,448

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    BANK OF THE WEST Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 5 16.7%
    BANK OF THE WEST VA mortgage Trouble during payment process 1 3.3%
    BANK OF THE WEST Other type of mortgage Trouble during payment process 2 6.7%
    BANK OF THE WEST Other type of mortgage Struggling to pay mortgage 1 3.3%
    BANK OF THE WEST Other type of mortgage Closing on a mortgage 1 3.3%
    BANK OF THE WEST Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 3.3%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Trouble during payment process 3 10.0%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Closing on a mortgage 4 13.3%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 2 6.7%
    BANK OF THE WEST FHA mortgage Trouble during payment process 1 3.3%
    BANK OF THE WEST Conventional home mortgage Struggling to pay mortgage 2 6.7%
    BANK OF THE WEST Conventional home mortgage Closing on a mortgage 1 3.3%
    BANK OF THE WEST Conventional home mortgage Trouble during payment process 6 20.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Bank of Bartlett 1020 West Popular Avenue Collierville, TN 38017 Full Service B&M $17,418
    Bank of Bartlett 1870 Kirby Parkway Germantown, TN 38138 Full Service B&M $69,085
    Bank of Bartlett 3196 Austin Peay Highway Memphis, TN 38128 Full Service B&M $33,872
    Bank of Bartlett 6281 Stage Road Bartlett, TN 38134 Full Service B&M $173,606
    Bank of Bartlett 678 North Germantown Parkway Cordova, TN 38018 Full Service B&M $36,523
    Bank of Bartlett 7984 U.S. Highway 64 Bartlett, TN 38133 Full Service B&M $62,936
    Bank of Bartlett 9915 Highway 64 Arlington, TN 38002 Full Service B&M $27,179

    For 2021, Bank Of Bartlett had 7 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $15,363
    Net interest income $14,987
    Total noninterest income $16,002
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $877
    Trading account gains and fees $0
    Additional Noninterest Income $15,125
    Pre-tax net operating income $11,210
    Securities gains (or losses, -) $0
    Income before extraordinary items $8,497
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $8,497
    Minority interest net income $0
    Net income $8,497
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $8,497

    Bank Of Bartlett's gross interest income from loans was $15,363,000.
    Bank Of Bartlett's net interest income from loans was $14,987,000.
    Bank Of Bartlett's fee based income from loans was $877,000.
    Bank Of Bartlett's net income from loans was $8,497,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $376
    Provision for credit losses $-101
    Total noninterest expense $19,880
    Salaries and employee benefits $14,359
    Premises and equipment expense $1,198
    Additional noninterest expense $4,323
    Applicable income taxes $2,713
    Net charge-offs $207
    Cash dividends $1,392

    Bank Of Bartlett's interest expense for loans was $376,000.
    Bank Of Bartlett's payroll and benefits expense were $14,359,000.
    Bank Of Bartlett's property, plant and equipment expenses $1,198,000.

    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 $434,112
    Deposits held in domestic offices $434,112
    Deposits by Individuals, partnerships, and corporations $431,856
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $2,256
    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 $166,124
    Demand deposits $166,124
    Nontransaction accounts $267,988
    Money market deposit accounts (MMDAs) $186,571
    Other savings deposits (excluding MMDAs) $48,652
    Total time deposits $32,765
    Total time and savings deposits $267,988
    Noninterest-bearing deposits $125,890
    Interest-bearing deposits $308,222
    Retail deposits $433,184
    IRAs and Keogh plan accounts $5,742
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $491,950
    Cash & Balances due from depository institutions $56,001
    Interest-bearing balances $52,486
    Total securities $150,236
    Federal funds sold & reverse repurchase $0
    Net loans and leases $254,317
    Loan and leases loss allowance $2,240
    Trading account assets $0
    Bank premises and fixed assets $7,337
    Other real estate owned $2,086
    Goodwill and other intangibles $0
    All other assets $21,973

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $491,950
    Total Liabilities $450,186
    Total deposits $434,112
    Interest-bearing deposits $308,222
    Deposits held in domestic offices $434,112
    % insured (estimated) $84
    Federal funds purchased and repurchase agreements $12,934
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $3,140

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $254,317
    Loan and leases loss allowance $2,240
    Total loans and leases (domestic) $256,557
    All real estate loans $226,107
    Real estate loans in domestic offices $226,107
    Construction and development loans $22,101
    Residential 1-4 family construction $8,356
    Other construction, all land development and other land $13,745
    Loans secured by nonfarm nonresidential properties $47,948
    Nonfarm nonresidential secured by owner-occupied properties $36,586
    Commercial real estate & other non-farm, non-residential $11,362
    Multifamily residential real estate $424
    1-4 family residential loans $155,634
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $21,328
    To non-U.S. addressees $0
    Loans to individuals $9,089
    Credit card loans $0
    Related Plans $4,671
    Consumer Auto Loans $2,402
    Other loans to individuals $2,016
    All other loans & leases $33
    Loans to foreign governments and official institutions $0
    Other loans $33
    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 $672
    Non 1-4 family restructured loans & leases $266
    Total loans and leases (foreign) $0

    Bank of Bartlett had $254,317,000 of loans outstanding in 2021. $226,107,000 of loans were in real estate loans. $22,101,000 of loans were in development loans. $424,000 of loans were in multifamily mortgage loans. $155,634,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $2,402,000 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 84 $21,128 $251,524
    Nonfarm, nonresidential loans - <$100k 16 $529 $33,063
    Nonfarm, nonresidential loans - $100-250k 31 $3,933 $126,871
    Nonfarm, nonresidential loans - $250k-1MM 37 $16,666 $450,432
    Commercial & Industrial, US addressed loans - <$1MM 187 $6,239 $33,364
    Commercial & Industrial, US addressed loans - <$100k 153 $1,592 $10,405
    Commercial & Industrial, US addressed loans - $100-250k 23 $2,324 $101,043
    Commercial & Industrial, US addressed loans - $250k-1MM 11 $2,323 $211,182