Hawthorn Bank Mortgage Rates, Fees & Info

Jefferson City, MO

LEI: 54930023DLYUOD6GKQ42

Tax ID: 44-0241200

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • 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

    Hawthorn Bank is a smaller bank specializing in Home Purchase loans. Hawthorn Bank has a high proportion of conventional loans. Their top markets by origination volume include: Kansas City, Jefferson City, Columbia, Springfield, and Branson among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Hawthorn Bank 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. Hawthorn Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 12/16/24
    30 Year Conventional Purchase 6.66% 12/16/24
    30 Year Conventional Refi 6.73% 12/16/24
    30 Year Cash-out Refi 7.04% 12/16/24
    30 Year FHA Purchase 7.33% 12/16/24
    30 Year VA Purchase 6.25% 12/16/24
    30 Year VA Refi 6.04% 12/16/24
    30 Year USDA Purchase 6.81% 12/16/24
    15 Year Conventional Purchase 6.01% 12/16/24
    15 Year Conventional Refi 6.30% 12/16/24
    15 Year Cash-out Refi 6.30% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Hawthorn Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Hawthorn Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    724

    Origination Dollar Volume (All Markets)

    $113,520,000

    Employee count

    288

    Awards

    Hawthorn Bank 30 Year Conventional Loans silver Hawthorn Bank 30 Year Conventional Loans silver Hawthorn Bank 30 Year Conventional Loans bronze Hawthorn Bank 30 Year Conventional Loans bronze
    Show all (4) awards

    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
    KANSAS CITY, MO-KS (FHA|USDA|VA) 159 $23,375,000 $147,013 $2,271 5.06%
    JEFFERSON CITY, MO (FHA|USDA|VA) 199 $23,355,000 $117,362 $2,639 4.84%
    COLUMBIA, MO (FHA|USDA|VA) 113 $22,585,000 $199,867 $1,842 5.19%
    Outside of Metro Areas 194 $20,830,000 $107,371 $2,553 4.93%
    SPRINGFIELD, MO (FHA|USDA|VA) 13 $11,355,000 $873,462 $3,081 4.44%
    Branson, MO (FHA|USDA|VA) 5 $5,545,000 $1,109,000 $0 5.21%
    Warrensburg, MO (FHA|USDA|VA) 8 $2,840,000 $355,000 $0 5.21%
    Fort Leonard Wood, MO (FHA|USDA|VA) 18 $1,510,000 $83,889 $0 5.43%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 7 $1,155,000 $165,000 $2,831 4.59%
    BATON ROUGE, LA (FHA|USDA|VA) 1 $305,000 $305,000 $5,673 4.75%
    Sedalia, MO (FHA|USDA|VA) 3 $195,000 $65,000 $2,100 5.42%
    LINCOLN, NE (FHA|USDA|VA) 1 $185,000 $185,000 $0 5.75%
    Lebanon, MO (FHA|USDA|VA) 1 $145,000 $145,000 $2,290 4.63%
    Marshall, MO (FHA|USDA|VA) 1 $75,000 $75,000 $1,867 4.13%
    Mexico, MO (FHA|USDA|VA) 1 $65,000 $65,000 $1,810 4.25%
    Hawthorn Bank's top markets include Kansas City, Jefferson City, Columbia, Springfield, and Branson among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Hawthorn Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    American Bank of Missouri
    Similarity Rank: 48
    MAINSTREET FEDERAL CREDIT UNION
    Similarity Rank: 68
    Ozarks Federal Savings and Loan Association
    Similarity Rank: 100
    Community Bank of Trenton
    Similarity Rank: 108
    KCB Bank
    Similarity Rank: 108
    Citizens Savings and Loan Association, FSB
    Similarity Rank: 146
    Clay County Savings Bank
    Similarity Rank: 148
    First National Bank of Waterloo
    Similarity Rank: 200
    ONLINE CENTRAL INC
    Similarity Rank: 216
    RELIANCE BANK
    Similarity Rank: 238

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 504 $98,860,000 $196,151 $2,440 4.99%
    HELOC 220 $14,660,000 $66,636 n/a 4.96%

    For 2018, Hawthorn Bank's most frequently originated type of loan was Conventional, with 504 originations. Their 2nd most popular type was HELOC, with 220 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 307 $70,485,000 $229,593 $2,398 5.01%
    Other 179 $11,855,000 $66,229 $2,300 4.87%
    Cash Out Refi 116 $14,840,000 $127,931 $2,544 5.00%
    Refi 73 $13,255,000 $181,575 $2,541 4.87%
    Home Improvement 49 $3,085,000 $62,959 $1,712 5.30%

    For 2018, Hawthorn Bank's most frequently cited loan purpose was Home Purchase, with 307 originations. The 2nd most popular reason was Other, with 179 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 289 $40,235,000 $139,221 $2,857 4.99%
    30 Year 187 $32,625,000 $174,465 $2,508 4.83%
    15 Year 87 $12,525,000 $143,966 $2,299 4.62%
    Other 84 $13,170,000 $156,786 $2,020 5.38%
    10 Year 32 $2,190,000 $68,438 $1,938 5.06%
    1 Year 26 $3,570,000 $137,308 $1,435 5.36%
    5 Year 17 $7,865,000 $462,647 $1,149 5.63%
    3 Year 2 $1,340,000 $670,000 $0 5.25%

    For 2018, Hawthorn Bank's most frequently cited loan duration was 20 Year, with 289 originations. The 2nd most popular length was 30 Year, with 187 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 156 $28,490,000 $182,628
    $1k-2k 58 $7,390,000 $127,414
    $2k-3k 22 $3,940,000 $179,091
    $3k-4k 6 $1,110,000 $185,000
    $5k+ 6 $1,690,000 $281,667
    $4k-5k 2 $450,000 $225,000

    Hawthorn Bank's average total fees were $2,508, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 156 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 353 $51,525,000 $145,963
    5-6% 255 $35,075,000 $137,549
    3-4% 76 $21,290,000 $280,132
    6-7% 37 $5,495,000 $148,514
    7-8% 2 $110,000 $55,000
    Over 8% 1 $25,000 $25,000

    During 2018, Hawthorn Bank's average interest rate for loans was 4.83%, while their most frequently originated rate bucket for loans was 4-5%, with 353 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 385 $19,995,000 $51,935 $2,144 5.03%
    $100k-200k 203 $29,105,000 $143,374 $2,387 4.95%
    $200k-400k 102 $27,970,000 $274,216 $2,888 4.89%
    $400k-600k 16 $7,170,000 $448,125 $2,265 4.84%
    $600k-1MM 10 $7,610,000 $761,000 $2,871 5.21%
    $1MM+ 8 $21,670,000 $2,708,750 $0 4.61%

    2018 saw Hawthorn Bank place emphasis on $100,000 or less loans with 385 originations, totaling $19,995,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 124 $9,240,000 $74,516 $2,219 4.90%
    $100k-150k 106 $14,720,000 $138,868 $2,571 4.87%
    $50k-75k 105 $8,725,000 $83,095 $2,279 4.76%
    $75k-100k 96 $10,660,000 $111,042 $2,429 4.86%
    $150k-250k 72 $11,730,000 $162,917 $3,192 4.93%
    $250k+ 37 $8,495,000 $229,595 $2,662 5.09%

    Hawthorn Bank lent most frequently to those with incomes in the $50k or less range, with 124 originations. The second most popular income band? $100k-150k, with 106 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 150 $16,310,000 $108,733 $2,684 4.76%
    30-36% 93 $12,065,000 $129,731 $2,127 4.81%
    <20% 86 $7,750,000 $90,116 $2,393 4.80%
    39% 16 $1,850,000 $115,625 $2,576 4.55%
    37% 16 $2,060,000 $128,750 $1,906 4.88%
    41% 15 $2,305,000 $153,667 $2,455 4.75%
    44% 14 $2,710,000 $193,571 $2,760 4.89%
    42% 13 $2,195,000 $168,846 $2,637 4.94%
    38% 13 $1,995,000 $153,462 $2,820 4.61%
    36% 11 $1,055,000 $95,909 $2,002 4.81%
    40% 8 $1,170,000 $146,250 $3,357 4.67%
    43% 8 $1,100,000 $137,500 $2,461 4.52%
    49% 7 $1,035,000 $147,857 $2,294 4.52%
    45% 7 $985,000 $140,714 $2,316 4.80%
    47% 6 $800,000 $133,333 $1,985 4.83%
    46% 6 $1,090,000 $181,667 $2,083 4.40%
    48% 6 $1,070,000 $178,333 $1,949 4.88%
    50-60% 6 $600,000 $100,000 $1,861 5.63%
    >60% 2 $560,000 $280,000 $1,740 3.88%

    Hawthorn Bank lent most frequently to those with DTI ratios of 20-30%, with 150 originations. The next most common DTI ratio? 30-36%, with 93 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 531 $61,895,000 $116,563 $2,394 4.88%
    Not applicable 171 $48,085,000 $281,199 $1,642 5.30%
    Not provided 9 $1,895,000 $210,556 $3,518 4.44%
    Black 9 $875,000 $97,222 $2,981 5.19%
    Asian 3 $625,000 $208,333 $2,499 4.67%
    American Indian 1 $145,000 $145,000 $5,070 5.00%

    Approval Rates

    Total approvals of all applications
    85.29%

    Hawthorn Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    84.67%

    Hawthorn Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 724 $113,520,000 $156,796

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 2 $1,180,000 $590,000
    Multifamily:Site-Built 37 $30,445,000 $822,838
    Single Family (1-4 Units):Manufactured 25 $1,285,000 $51,400
    Single Family (1-4 Units):Site-Built 660 $80,610,000 $122,136

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 119 $11,185,000 $93,992 $1,798 5.04%
    40-60% 97 $14,085,000 $145,206 $2,190 4.76%
    60-80% 208 $49,170,000 $236,394 $2,735 4.92%
    80-100% 190 $34,730,000 $182,789 $2,419 5.06%
    Over 100% 2 $120,000 $60,000 $0 6.02%
    Under 20% 108 $4,230,000 $39,167 $1,120 5.08%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Hawthorn Bank 100 Plaza Drive Harrisonville, MO 64701 Full Service B&M $51,925
    Hawthorn Bank 1000 West Buchanan California, MO 65018 Full Service B&M $21,472
    Hawthorn Bank 102 North Second Street Clinton, MO 64735 Full Service B&M $120,812
    Hawthorn Bank 1110 Club Village Drive Columbia, MO 65203 Full Service B&M $57,937
    Hawthorn Bank 115 South Second Drexel, MO 64742 Full Service B&M $33,876
    Hawthorn Bank 125 S Main Street Windsor, MO 65360 Full Service B&M $8,556
    Hawthorn Bank 132 East High Street Jefferson City, MO 65101 Full Service B&M $270,501
    Hawthorn Bank 1400 East Ohio Street Clinton, MO 64735 Full Service B&M $99,517
    Hawthorn Bank 1712 East Ohio Clinton, MO 64735 Limited, Drive-thru $2,224
    Hawthorn Bank 17430 East 39th Street Independence, MO 64055 Full Service B&M $28,926
    Hawthorn Bank 1891 Commercial Warsaw, MO 65355 Full Service B&M $36,581
    Hawthorn Bank 200 Main Warsaw, MO 65355 Full Service B&M $49,508
    Hawthorn Bank 211 West Dunklin Street Jefferson City, MO 65101 Full Service B&M $42,822
    Hawthorn Bank 220 West White Oak Independence, MO 64051 Full Service B&M $18,223
    Hawthorn Bank 300 Sw Longview Boulevard Lees Summit, MO 64081 Full Service B&M $30,921
    Hawthorn Bank 321 West Battlefield Road Springfield, MO 65807 Full Service B&M $25,634
    Hawthorn Bank 3701 West Truman Blvd Jefferson City, MO 65101 Full Service B&M $134,509
    Hawthorn Bank 4675 Gretna Road Branson, MO 65616 Full Service B&M $15,801
    Hawthorn Bank 4th And Chestnut Osceola, MO 64776 Full Service B&M $15,338
    Hawthorn Bank 800 Eastland Drive Jefferson City, MO 65101 Full Service B&M $46,774
    Hawthorn Bank 8127 East 171st Street Belton, MO 64012 Full Service B&M $59,806
    Hawthorn Bank Missouri Avenue St. Robert, MO 65583 Full Service B&M $13,451

    For 2018, Hawthorn Bank had 22 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $57,513
    Net interest income $46,948
    Total noninterest income $9,610
    Gross Fiduciary activities income $1,166
    Service charges on deposit accounts $3,095
    Trading account gains and fees $0
    Additional Noninterest Income $5,349
    Pre-tax net operating income $16,581
    Securities gains (or losses, -) $3
    Income before extraordinary items $13,519
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $13,519
    Minority interest net income $0
    Net income $13,519
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $13,516

    Hawthorn Bank's gross interest income from loans was $57,513,000.
    Hawthorn Bank's net interest income from loans was $46,948,000.
    Hawthorn Bank's fee based income from loans was $3,095,000.
    Hawthorn Bank's net income from loans was $13,519,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $10,565
    Provision for credit losses $1,475
    Total noninterest expense $38,502
    Salaries and employee benefits $21,069
    Premises and equipment expense $5,955
    Additional noninterest expense $11,478
    Applicable income taxes $3,065
    Net charge-offs $675
    Cash dividends $5,000

    Hawthorn Bank's interest expense for loans was $10,565,000.
    Hawthorn Bank's payroll and benefits expense were $21,069,000.
    Hawthorn Bank's property, plant and equipment expenses $5,955,000.

    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 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 1.0%
    Personal loans 0.0%
    Credit card loans 0.3%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,200,080
    Deposits held in domestic offices $1,200,080
    Deposits by Individuals, partnerships, and corporations $1,007,449
    Deposits by U.S. Government $21
    Deposits by States and political subdivisions in the U.S. $186,680
    Deposits by Commercial banks and other depository institutions in U.S. $5,930
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $96,579
    Demand deposits $72,145
    Nontransaction accounts $1,103,501
    Money market deposit accounts (MMDAs) $308,769
    Other savings deposits (excluding MMDAs) $473,162
    Total time deposits $321,570
    Total time and savings deposits $1,127,935
    Noninterest-bearing deposits $64,018
    Interest-bearing deposits $1,136,062
    Retail deposits $1,094,446
    IRAs and Keogh plan accounts $43,024
    Brokered deposits $39,834
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,473,877
    Cash & Balances due from depository institutions $46,735
    Interest-bearing balances $24,782
    Total securities $216,843
    Federal funds sold & reverse repurchase $5,000
    Net loans and leases $1,134,975
    Loan and leases loss allowance $11,652
    Trading account assets $0
    Bank premises and fixed assets $34,894
    Other real estate owned $11,142
    Goodwill and other intangibles $2,931
    All other assets $21,357

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,473,877
    Total Liabilities $1,325,241
    Total deposits $1,200,080
    Interest-bearing deposits $1,136,062
    Deposits held in domestic offices $1,200,080
    % insured (estimated) $69
    Federal funds purchased and repurchase agreements $24,647
    Trading liabilities $0
    Other borrowed funds $95,153
    Subordinated debt $0
    All other liabilities $5,361

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,134,975
    Loan and leases loss allowance $11,652
    Total loans and leases (domestic) $1,146,627
    All real estate loans $906,447
    Real estate loans in domestic offices $906,447
    Construction and development loans $135,394
    Residential 1-4 family construction $28,610
    Other construction, all land development and other land $106,784
    Loans secured by nonfarm nonresidential properties $400,266
    Nonfarm nonresidential secured by owner-occupied properties $126,455
    Commercial real estate & other non-farm, non-residential $273,811
    Multifamily residential real estate $49,620
    1-4 family residential loans $241,517
    Farmland loans $79,650
    Loans held in foreign offices $0
    Farm loans $24,126
    Commercial and industrial loans $159,635
    To non-U.S. addressees $0
    Loans to individuals $32,460
    Credit card loans $1,751
    Related Plans $324
    Consumer Auto Loans $21,896
    Other loans to individuals $8,489
    All other loans & leases $23,959
    Loans to foreign governments and official institutions $0
    Other loans $9,528
    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 $2,801
    Non 1-4 family restructured loans & leases $991
    Total loans and leases (foreign) $0

    Hawthorn Bank had $1,134,975,000 of loans outstanding in 2018. $906,447,000 of loans were in real estate loans. $135,394,000 of loans were in development loans. $49,620,000 of loans were in multifamily mortgage loans. $241,517,000 of loans were in 1-4 family mortgage loans. $24,126,000 of loans were in farm loans. $1,751,000 of loans were in credit card loans. $21,896,000 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 441 $107,346 $243,415
    Nonfarm, nonresidential loans - <$100k 99 $4,251 $42,939
    Nonfarm, nonresidential loans - $100-250k 117 $13,998 $119,641
    Nonfarm, nonresidential loans - $250k-1MM 225 $89,097 $395,987
    Commercial & Industrial, US addressed loans - <$1MM 730 $61,820 $84,685
    Commercial & Industrial, US addressed loans - <$100k 447 $9,263 $20,723
    Commercial & Industrial, US addressed loans - $100-250k 140 $12,944 $92,457
    Commercial & Industrial, US addressed loans - $250k-1MM 143 $39,613 $277,014
    Farmland loans - <$1MM 285 $35,439 $124,347
    Farmland loans - <$100k 117 $4,512 $38,564
    Farmland loans - $100-250k 105 $12,949 $123,324
    Farmland loans - $250k-1MM 63 $17,978 $285,365
    Agriculture operations loans - <$1MM 255 $14,049 $55,094
    Agriculture operations loans - <$100k 182 $4,351 $23,907
    Agriculture operations loans - $100-250k 54 $5,669 $104,981
    Agriculture operations loans - $250k-1MM 19 $4,029 $212,053