Trailwest Bank Mortgage Rates, Fees & Info

Lolo, MT

LEI: 5493002BECVKN2TJ6H05

Tax ID: 81-0402347

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Mortgage Data

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

    Trailwest Bank is a smaller bank specializing in Home Purchase and Refi loans. Trailwest Bank has a high proportion of conventional loans. Their top markets by origination volume include: Missoula, Kalispell, Great Falls, Portland, and Helena among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Trailwest 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.

    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.

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    Originations

    238

    Origination Dollar Volume (All Markets)

    $78,250,000

    Employee count

    166

    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
    MISSOULA, MT (FHA|USDA|VA) 82 $39,080,000 $476,585 $0 0.00%
    Outside of Metro Areas 92 $21,420,000 $232,826 $0 0.00%
    Kalispell, MT (FHA|USDA|VA) 57 $16,135,000 $283,070 $0 0.00%
    GREAT FALLS, MT (FHA|USDA|VA) 3 $495,000 $165,000 $0 0.00%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $455,000 $455,000 $0 0.00%
    Helena, MT (FHA|USDA|VA) 1 $305,000 $305,000 $0 0.00%
    Bozeman, MT (FHA|USDA|VA) 1 $225,000 $225,000 $0 0.00%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $135,000 $135,000 $0 0.00%
    Trailwest Bank's top markets include Missoula, Kalispell, Great Falls, Portland, and Helena among others.

    Their top states include:
  • Montana (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 238 $78,250,000 $328,782 $0 0.00%

    For 2019, Trailwest Bank's most frequently originated type of loan was Conventional, with 238 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 141 $58,945,000 $418,050 $0 0.00%
    Refi 76 $17,060,000 $224,474 $0 0.00%
    Home Improvement 11 $1,015,000 $92,273 $0 0.00%
    Other 10 $1,230,000 $123,000 $0 0.00%

    For 2019, Trailwest Bank's most frequently cited loan purpose was Home Purchase, with 141 originations. The 2nd most popular reason was Refi, with 76 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 238 $78,250,000 $328,782 $0 0.00%

    For 2019, Trailwest Bank's most frequently cited loan duration was Other, with 238 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 93 $26,445,000 $284,355 $0 0.00%
    $100k-200k 78 $11,600,000 $148,718 $0 0.00%
    $100,000 or less 37 $2,275,000 $61,486 $0 0.00%
    $400k-600k 19 $8,735,000 $459,737 $0 0.00%
    $600k-1MM 7 $5,445,000 $777,857 $0 0.00%
    $1MM+ 4 $23,750,000 $5,937,500 $0 0.00%

    2019 saw Trailwest Bank place emphasis on $200k-400k loans with 93 originations, totaling $26,445,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 45 $10,535,000 $234,111 $0 0.00%
    $50k-75k 44 $8,730,000 $198,409 $0 0.00%
    $50k or less 41 $5,535,000 $135,000 $0 0.00%
    $100k-150k 31 $8,095,000 $261,129 $0 0.00%
    $150k-250k 25 $7,075,000 $283,000 $0 0.00%
    $250k+ 17 $6,595,000 $387,941 $0 0.00%

    Trailwest Bank lent most frequently to those with incomes in the $75k-100k range, with 45 originations. The second most popular income band? $50k-75k, with 44 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 238 $78,250,000 $328,782 $0 0.00%

    Trailwest Bank lent most frequently to those with DTI ratios of Exempt%, with 238 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 198 $45,250,000 $228,535 $0 0.00%
    Not applicable 31 $30,725,000 $991,129 $0 0.00%
    Not provided 6 $1,700,000 $283,333 $0 0.00%
    American Indian 2 $550,000 $275,000 $0 0.00%
    Other Pacific Islander 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    86.90%

    Trailwest Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    77.31%

    Trailwest Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 238 $78,250,000 $328,782

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 8 $25,340,000 $3,167,500
    Single Family (1-4 Units):Manufactured 24 $2,690,000 $112,083
    Single Family (1-4 Units):Site-Built 206 $50,220,000 $243,786

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    TrailWest Bank 1070 Eastside Hwy Corvallis, MT 59828 Full Service B&M $22,919
    TrailWest Bank 11300 U.S. Highway 93 S. Ste D, Lolo Shopping Center Lolo, MT 59847 Full Service B&M $124,333
    TrailWest Bank 1131 North 1st Street Hamilton, MT 59840 Full Service Retail $9,550
    TrailWest Bank 16600 Beckwith St Frenchtown, MT 59834 Full Service B&M $36,783
    TrailWest Bank 200 River Street Superior, MT 59872 Full Service B&M $43,871
    TrailWest Bank 218 E. Main Street Missoula, MT 59802 Full Service B&M $0
    TrailWest Bank 222 West Idaho Street Kalispell, MT 59901 Full Service B&M $47,034
    TrailWest Bank 2425 West Broadway Street Missoula, MT 59808 Full Service B&M $0
    TrailWest Bank 244 West Pinckney Hamilton, MT 59840 Full Service B&M $143,245
    TrailWest Bank 2575 Dearborn Avenue Missoula, MT 59804 Full Service B&M $18,269
    TrailWest Bank 2604 Highway 2 East Kalispell, MT 59901 Limited, Drive-thru $0
    TrailWest Bank 39 Stevensville Cutoff Road Stevensville, MT 59870 Full Service Retail $15,279
    TrailWest Bank 5600 Airway Boulevard Missoula, MT 59808 Full Service B&M $18,815
    TrailWest Bank 651 Montana Highway 135 Saint Regis, MT 59866 Full Service B&M $0
    TrailWest Bank 7676 Montana 200 Missoula, MT 59802 Full Service B&M $26,704

    For 2019, Trailwest Bank had 15 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $30,292
    Net interest income $22,668
    Total noninterest income $2,286
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $525
    Trading account gains and fees $0
    Additional Noninterest Income $1,761
    Pre-tax net operating income $9,127
    Securities gains (or losses, -) $5
    Income before extraordinary items $9,132
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $9,132
    Minority interest net income $0
    Net income $9,132
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $9,127

    Trailwest Bank's gross interest income from loans was $30,292,000.
    Trailwest Bank's net interest income from loans was $22,668,000.
    Trailwest Bank's fee based income from loans was $525,000.
    Trailwest Bank's net income from loans was $9,132,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $7,624
    Provision for credit losses $1,000
    Total noninterest expense $14,827
    Salaries and employee benefits $9,423
    Premises and equipment expense $2,198
    Additional noninterest expense $3,206
    Applicable income taxes $0
    Net charge-offs $150
    Cash dividends $1,000

    Trailwest Bank's interest expense for loans was $7,624,000.
    Trailwest Bank's payroll and benefits expense were $9,423,000.
    Trailwest Bank's property, plant and equipment expenses $2,198,000.

    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 $529,723
    Deposits held in domestic offices $529,723
    Deposits by Individuals, partnerships, and corporations $490,150
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $5,844
    Deposits by Commercial banks and other depository institutions in U.S. $33,729
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $60,408
    Demand deposits $33,851
    Nontransaction accounts $469,315
    Money market deposit accounts (MMDAs) $19,411
    Other savings deposits (excluding MMDAs) $325,485
    Total time deposits $124,419
    Total time and savings deposits $495,872
    Noninterest-bearing deposits $121,719
    Interest-bearing deposits $408,004
    Retail deposits $498,505
    IRAs and Keogh plan accounts $13,668
    Brokered deposits $14,695
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $677,687
    Cash & Balances due from depository institutions $89,074
    Interest-bearing balances $77,125
    Total securities $21,656
    Federal funds sold & reverse repurchase $707
    Net loans and leases $534,324
    Loan and leases loss allowance $7,500
    Trading account assets $0
    Bank premises and fixed assets $13,808
    Other real estate owned $0
    Goodwill and other intangibles $97
    All other assets $18,021

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $677,687
    Total Liabilities $614,851
    Total deposits $529,723
    Interest-bearing deposits $408,004
    Deposits held in domestic offices $529,723
    % insured (estimated) $85
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $80,000
    Subordinated debt $0
    All other liabilities $5,128

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $534,324
    Loan and leases loss allowance $7,500
    Total loans and leases (domestic) $541,824
    All real estate loans $456,282
    Real estate loans in domestic offices $456,282
    Construction and development loans $38,198
    Residential 1-4 family construction $10,952
    Other construction, all land development and other land $27,246
    Loans secured by nonfarm nonresidential properties $130,917
    Nonfarm nonresidential secured by owner-occupied properties $69,319
    Commercial real estate & other non-farm, non-residential $61,598
    Multifamily residential real estate $29,253
    1-4 family residential loans $208,563
    Farmland loans $49,351
    Loans held in foreign offices $0
    Farm loans $9,037
    Commercial and industrial loans $61,319
    To non-U.S. addressees $0
    Loans to individuals $14,557
    Credit card loans $0
    Related Plans $68
    Consumer Auto Loans $6,144
    Other loans to individuals $8,345
    All other loans & leases $629
    Loans to foreign governments and official institutions $0
    Other loans $209
    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 $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    TrailWest Bank had $534,324,000 of loans outstanding in 2019. $456,282,000 of loans were in real estate loans. $38,198,000 of loans were in development loans. $29,253,000 of loans were in multifamily mortgage loans. $208,563,000 of loans were in 1-4 family mortgage loans. $9,037,000 of loans were in farm loans. $0 of loans were in credit card loans. $6,144,000 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 286 $66,202 $231,476
    Nonfarm, nonresidential loans - <$100k 51 $2,174 $42,627
    Nonfarm, nonresidential loans - $100-250k 95 $12,041 $126,747
    Nonfarm, nonresidential loans - $250k-1MM 140 $51,987 $371,336
    Commercial & Industrial, US addressed loans - <$1MM 919 $46,149 $50,217
    Commercial & Industrial, US addressed loans - <$100k 730 $15,294 $20,951
    Commercial & Industrial, US addressed loans - $100-250k 120 $11,236 $93,633
    Commercial & Industrial, US addressed loans - $250k-1MM 69 $19,619 $284,333
    Farmland loans - <$1MM 47 $8,995 $191,383
    Farmland loans - <$100k 8 $343 $42,875
    Farmland loans - $100-250k 20 $2,537 $126,850
    Farmland loans - $250k-1MM 19 $6,115 $321,842
    Agriculture operations loans - <$1MM 91 $5,397 $59,308
    Agriculture operations loans - <$100k 63 $1,699 $26,968
    Agriculture operations loans - $100-250k 17 $1,524 $89,647
    Agriculture operations loans - $250k-1MM 11 $2,174 $197,636