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 Refi and Home Purchase loans. Trailwest Bank has a high proportion of conventional loans. Their top markets by origination volume include: Kalispell, Missoula, Bozeman, Dallas, and Billings among others. We have data for 10 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

    279

    Origination Dollar Volume (All Markets)

    $80,775,000

    Employee count

    157

    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 129 $36,465,000 $282,674 $0 0.00%
    Kalispell, MT (FHA|USDA|VA) 65 $21,725,000 $334,231 $0 0.00%
    MISSOULA, MT (FHA|USDA|VA) 75 $19,475,000 $259,667 $0 0.00%
    Bozeman, MT (FHA|USDA|VA) 3 $1,725,000 $575,000 $0 0.00%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $375,000 $375,000 $0 0.00%
    BILLINGS, MT (FHA|USDA|VA) 1 $325,000 $325,000 $0 0.00%
    Butte-Silver Bow, MT (FHA|USDA|VA) 2 $290,000 $145,000 $0 0.00%
    GREAT FALLS, MT (FHA|USDA|VA) 1 $265,000 $265,000 $0 0.00%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $85,000 $85,000 $0 0.00%
    Helena, MT (FHA|USDA|VA) 1 $45,000 $45,000 $0 0.00%
    Trailwest Bank's top markets include Kalispell, Missoula, Bozeman, Dallas, and Billings among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 279 $80,775,000 $289,516 $0 0.00%

    For 2021, Trailwest Bank's most frequently originated type of loan was Conventional, with 279 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 146 $40,110,000 $274,726 $0 0.00%
    Home Purchase 111 $37,625,000 $338,964 $0 0.00%
    Home Improvement 12 $1,330,000 $110,833 $0 0.00%
    Other 10 $1,710,000 $171,000 $0 0.00%

    For 2021, Trailwest Bank's most frequently cited loan purpose was Refi, with 146 originations. The 2nd most popular reason was Home Purchase, with 111 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 279 $80,775,000 $289,516 $0 0.00%

    For 2021, Trailwest Bank's most frequently cited loan duration was Other, with 279 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 116 $33,180,000 $286,034 $0 0.00%
    $100k-200k 76 $11,440,000 $150,526 $0 0.00%
    $100,000 or less 42 $2,880,000 $68,571 $0 0.00%
    $400k-600k 24 $11,390,000 $474,583 $0 0.00%
    $600k-1MM 14 $10,630,000 $759,286 $0 0.00%
    $1MM+ 7 $11,255,000 $1,607,857 $0 0.00%

    2021 saw Trailwest Bank place emphasis on $200k-400k loans with 116 originations, totaling $33,180,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 59 $11,295,000 $191,441 $0 0.00%
    $100k-150k 48 $12,630,000 $263,125 $0 0.00%
    $75k-100k 44 $11,470,000 $260,682 $0 0.00%
    $50k or less 39 $5,055,000 $129,615 $0 0.00%
    $150k-250k 31 $11,105,000 $358,226 $0 0.00%
    $250k+ 25 $17,305,000 $692,200 $0 0.00%

    Trailwest Bank lent most frequently to those with incomes in the $50k-75k range, with 59 originations. The second most popular income band? $100k-150k, with 48 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 279 $80,775,000 $289,516 $0 0.00%

    Trailwest Bank lent most frequently to those with DTI ratios of Exempt%, with 279 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 232 $66,510,000 $286,681 $0 0.00%
    Not applicable 21 $9,205,000 $438,333 $0 0.00%
    Not provided 20 $4,110,000 $205,500 $0 0.00%
    American Indian 5 $915,000 $183,000 $0 0.00%
    Asian 1 $35,000 $35,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    88.58%

    Trailwest Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    86.02%

    Trailwest Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 279 $80,775,000 $289,516

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    279 $80,775,000 $289,516

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Trailwest Bank 1070 Eastside Hwy Corvallis, MT 59828 Full Service B&M $33,254
    Trailwest Bank 11300 U.S. Highway 93 S. Ste D, Lolo Shopping Center Lolo, MT 59847 Full Service B&M $130,789
    Trailwest Bank 1131 North 1st Street Hamilton, MT 59840 Full Service Retail $13,856
    Trailwest Bank 16600 Beckwith St Frenchtown, MT 59834 Full Service B&M $57,930
    Trailwest Bank 200 River Street Superior, MT 59872 Full Service B&M $65,882
    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 $65,372
    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 $207,839
    Trailwest Bank 2575 Dearborn Avenue Missoula, MT 59804 Full Service B&M $49,094
    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 $22,169
    Trailwest Bank 5600 Airway Boulevard Missoula, MT 59808 Full Service B&M $20,529
    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 $46,020

    For 2021, Trailwest Bank had 15 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $32,794
    Net interest income $29,060
    Total noninterest income $2,426
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $419
    Trading account gains and fees $0
    Additional Noninterest Income $2,007
    Pre-tax net operating income $14,731
    Securities gains (or losses, -) $0
    Income before extraordinary items $14,731
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $14,731
    Minority interest net income $0
    Net income $14,731
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $14,731

    Trailwest Bank's gross interest income from loans was $32,794,000.
    Trailwest Bank's net interest income from loans was $29,060,000.
    Trailwest Bank's fee based income from loans was $419,000.
    Trailwest Bank's net income from loans was $14,731,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,734
    Provision for credit losses $-585
    Total noninterest expense $17,340
    Salaries and employee benefits $11,368
    Premises and equipment expense $2,760
    Additional noninterest expense $3,212
    Applicable income taxes $0
    Net charge-offs $-1,385
    Cash dividends $8,800

    Trailwest Bank's interest expense for loans was $3,734,000.
    Trailwest Bank's payroll and benefits expense were $11,368,000.
    Trailwest Bank's property, plant and equipment expenses $2,760,000.

    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 1.0%
    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 $729,100
    Deposits held in domestic offices $729,100
    Deposits by Individuals, partnerships, and corporations $701,436
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $5,314
    Deposits by Commercial banks and other depository institutions in U.S. $22,351
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $535,173
    Demand deposits $239,307
    Nontransaction accounts $193,928
    Money market deposit accounts (MMDAs) $49,097
    Other savings deposits (excluding MMDAs) $101,968
    Total time deposits $42,864
    Total time and savings deposits $489,794
    Noninterest-bearing deposits $248,531
    Interest-bearing deposits $480,569
    Retail deposits $717,367
    IRAs and Keogh plan accounts $13,024
    Brokered deposits $6,346
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $910,065
    Cash & Balances due from depository institutions $240,388
    Interest-bearing balances $223,338
    Total securities $33,476
    Federal funds sold & reverse repurchase $709
    Net loans and leases $598,626
    Loan and leases loss allowance $9,300
    Trading account assets $0
    Bank premises and fixed assets $16,337
    Other real estate owned $0
    Goodwill and other intangibles $49
    All other assets $20,480

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $910,065
    Total Liabilities $830,653
    Total deposits $729,100
    Interest-bearing deposits $480,569
    Deposits held in domestic offices $729,100
    % insured (estimated) $75
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $95,000
    Subordinated debt $0
    All other liabilities $6,553

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $598,626
    Loan and leases loss allowance $9,300
    Total loans and leases (domestic) $607,926
    All real estate loans $522,118
    Real estate loans in domestic offices $522,118
    Construction and development loans $57,332
    Residential 1-4 family construction $21,619
    Other construction, all land development and other land $35,713
    Loans secured by nonfarm nonresidential properties $150,936
    Nonfarm nonresidential secured by owner-occupied properties $81,856
    Commercial real estate & other non-farm, non-residential $69,080
    Multifamily residential real estate $12,786
    1-4 family residential loans $237,231
    Farmland loans $63,833
    Loans held in foreign offices $0
    Farm loans $15,533
    Commercial and industrial loans $51,976
    To non-U.S. addressees $0
    Loans to individuals $13,763
    Credit card loans $0
    Related Plans $56
    Consumer Auto Loans $5,515
    Other loans to individuals $8,192
    All other loans & leases $4,536
    Loans to foreign governments and official institutions $0
    Other loans $796
    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 $598,626,000 of loans outstanding in 2021. $522,118,000 of loans were in real estate loans. $57,332,000 of loans were in development loans. $12,786,000 of loans were in multifamily mortgage loans. $237,231,000 of loans were in 1-4 family mortgage loans. $15,533,000 of loans were in farm loans. $0 of loans were in credit card loans. $5,515,000 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 264 $65,965 $249,867
    Nonfarm, nonresidential loans - <$100k 38 $1,436 $37,789
    Nonfarm, nonresidential loans - $100-250k 86 $10,606 $123,326
    Nonfarm, nonresidential loans - $250k-1MM 140 $53,923 $385,164
    Commercial & Industrial, US addressed loans - <$1MM 817 $36,003 $44,067
    Commercial & Industrial, US addressed loans - <$100k 644 $12,255 $19,030
    Commercial & Industrial, US addressed loans - $100-250k 112 $9,289 $82,938
    Commercial & Industrial, US addressed loans - $250k-1MM 61 $14,459 $237,033
    Farmland loans - <$1MM 42 $8,238 $196,143
    Farmland loans - <$100k 4 $230 $57,500
    Farmland loans - $100-250k 16 $2,303 $143,938
    Farmland loans - $250k-1MM 22 $5,705 $259,318
    Agriculture operations loans - <$1MM 104 $8,304 $79,846
    Agriculture operations loans - <$100k 66 $1,783 $27,015
    Agriculture operations loans - $100-250k 23 $3,277 $142,478
    Agriculture operations loans - $250k-1MM 15 $3,244 $216,267