Security Bank Of Kansas City Mortgage Rates, Fees & Info
Kansas City, KSLEI: 54930058NMHTLEZ3C025
Tax ID: 48-0409930
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Mortgage Data
Bank Data
Review & Overview
Security Bank Of Kansas City is a smaller bank specializing in Home Purchase loans. Security Bank Of Kansas City has a high proportion of conventional loans. Their top markets by origination volume include: Kansas City, Dallas, Manhattan, Chicago, and Topeka among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)Security Bank Of Kansas City has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.
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Originations
140Origination Dollar Volume (All Markets)
$151,740,000Employee count
562Top 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) | 127 | $85,075,000 | $669,882 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $26,375,000 | $26,375,000 | $0 | 0.00% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $18,005,000 | $18,005,000 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $13,305,000 | $13,305,000 | $0 | 0.00% |
| TOPEKA, KS (FHA|USDA|VA) | 2 | $7,710,000 | $3,855,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 5 | $425,000 | $85,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $390,000 | $195,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 140 | $151,740,000 | $1,083,857 | $0 | 0.00% |
For 2018, Security Bank Of Kansas City's most frequently originated type of loan was Conventional, with 140 originations.
Loan Reason
For 2018, Security Bank Of Kansas City's most frequently cited loan purpose was Home Purchase, with 91 originations. The 2nd most popular reason was Refi, with 17 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 140 | $151,740,000 | $1,083,857 | $0 | 0.00% |
For 2018, Security Bank Of Kansas City's most frequently cited loan duration was Other, with 140 originations.
Loan Sizing
2018 saw Security Bank Of Kansas City place emphasis on $100,000 or less loans with 43 originations, totaling $2,885,000 in origination value.
Applicant Income
Security Bank Of Kansas City lent most frequently to those with incomes in the $75k-100k range, with 23 originations. The second most popular income band? $50k-75k, with 20 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 140 | $151,740,000 | $1,083,857 | $0 | 0.00% |
Security Bank Of Kansas City lent most frequently to those with DTI ratios of Exempt%, with 140 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.03%
Security Bank Of Kansas City has an average approval rate.
Pick Rate
Approvals leading to origination93.57%
Security Bank Of Kansas City has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 140 | $151,740,000 | $1,083,857 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 11 | $129,645,000 | $11,785,909 |
| Single Family (1-4 Units):Site-Built | 129 | $22,095,000 | $171,279 |
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Security National Financial Corp | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 20.0% |
| Security National Financial Corp | Conventional home mortgage | Trouble during payment process | 3 | 60.0% |
| Security National Financial Corp | VA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 20.0% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Security Bank of Kansas City | 1000 Minnesota Avenue Kansas City, KS 66101 | Full Service B&M | $22,413 |
| Security Bank of Kansas City | 1021 Ne Sam Walton Lane Lees Summit, MO 64086 | Full Service B&M | $48,424 |
| Security Bank of Kansas City | 10300 Mastin Street Overland Park, KS 66212 | Full Service B&M | $64,195 |
| Security Bank of Kansas City | 10840 Parallel Parkway Kansas City, KS 66109 | Full Service B&M | $66,636 |
| Security Bank of Kansas City | 1101 Sw Third Street Lees Summit, MO 64081 | Full Service B&M | $74,540 |
| Security Bank of Kansas City | 11813 Roe Avenue Leawood, KS 66211 | Full Service B&M | $63,864 |
| Security Bank of Kansas City | 1300 North 78th Street Kansas City, KS 66112 | Full Service B&M | $70,711 |
| Security Bank of Kansas City | 1304 S 169 Us Highway Smithville, MO 64089 | Full Service B&M | $46,602 |
| Security Bank of Kansas City | 13379 South Blackbob Road Olathe, KS 66062 | Full Service B&M | $18,423 |
| Security Bank of Kansas City | 13501 Aberdeen Parkway Leawood, KS 66224 | Full Service B&M | $8,608 |
| Security Bank of Kansas City | 13701 Metcalf Avenue Overland Park, KS 66223 | Full Service B&M | $14,107 |
| Security Bank of Kansas City | 15110 West Shawnee Mission Parkway Shawnee, KS 66217 | Full Service B&M | $29,549 |
| Security Bank of Kansas City | 1600 E Peoria Street Paola, KS 66071 | Full Service B&M | $12,478 |
| Security Bank of Kansas City | 1901 Central Avenue Kansas City, KS 66102 | Full Service B&M | $40,406 |
| Security Bank of Kansas City | 210 Sw Main Street Lees Summit, MO 64063 | Full Service B&M | $101,165 |
| Security Bank of Kansas City | 250 Sw Greenwich Drive Lees Summit, MO 64082 | Full Service B&M | $29,971 |
| Security Bank of Kansas City | 2701 Shawnee Mission Parkway Fairway, KS 66205 | Full Service B&M | $30,309 |
| Security Bank of Kansas City | 3 E Wea Street Paola, KS 66071 | Full Service B&M | $44,051 |
| Security Bank of Kansas City | 3201 Strong Avenue Kansas City, KS 66106 | Full Service B&M | $61,306 |
| Security Bank of Kansas City | 3400 East Red Bridge Road Kansas City, MO 64137 | Full Service B&M | $11,068 |
| Security Bank of Kansas City | 401 North Woodbine Road Saint Joseph, MO 64506 | Limited, Drive-thru | $23,095 |
| Security Bank of Kansas City | 4550 Belleview Avenue Kansas City, MO 64111 | Full Service B&M | $12,378 |
| Security Bank of Kansas City | 5115 Roe Boulevard Roeland Park, KS 66205 | Full Service B&M | $17,080 |
| Security Bank of Kansas City | 5201 Johnson Drive Mission, KS 66205 | Full Service B&M | $257,002 |
| Security Bank of Kansas City | 5348 Lake Avenue Saint Joseph, MO 64504 | Limited, Drive-thru | $21,577 |
| Security Bank of Kansas City | 5450 Roberts Street Shawnee, KS 66226 | Full Service B&M | $14,894 |
| Security Bank of Kansas City | 5800 Foxridge Drive Mission, KS 66202 | Full Service B&M | $41,796 |
| Security Bank of Kansas City | 5959 Ne Antioch Road Gladstone, MO 64119 | Limited, Drive-thru | $54,186 |
| Security Bank of Kansas City | 6000 Leavenworth Road Kansas City, KS 66104 | Full Service B&M | $21,909 |
| Security Bank of Kansas City | 602 Edmond Street St. Joseph, MO 64501 | Full Service B&M | $25,045 |
| Security Bank of Kansas City | 6040 Martway Mission, KS 66202 | Limited, Drive-thru | $0 |
| Security Bank of Kansas City | 7001 N Oak Trafficway Gladstone, MO 64118 | Full Service B&M | $150,898 |
| Security Bank of Kansas City | 701 Minnesota Avenue Kansas City, KS 66101 | Full Service B&M | $411,810 |
| Security Bank of Kansas City | 7364 State Avenue Kansas City, KS 66112 | Full Service B&M | $52,536 |
| Security Bank of Kansas City | 7500 W 95th Street Overland Park, KS 66212 | Full Service B&M | $336,671 |
| Security Bank of Kansas City | 8100 West 151st Street Overland Park, KS 66223 | Full Service B&M | $43,101 |
| Security Bank of Kansas City | 8201 Mission Road Prairie Village, KS 66208 | Full Service B&M | $16,006 |
| Security Bank of Kansas City | 8520 Ward Parkway Kansas City, MO 64114 | Full Service B&M | $19,987 |
| Security Bank of Kansas City | 8550 College Boulevard Overland Park, KS 66210 | Full Service B&M | $53,680 |
| Security Bank of Kansas City | 9601 Northeast Barry Road Kansas City, MO 64157 | Full Service B&M | $30,058 |
| Security Bank of Kansas City | 966 Central Avenue Kansas City, KS 66101 | Full Service B&M | $11,724 |
| Security Bank of Kansas City | 9800 Nw Polo Avenue Kansas City, MO 64153 | Full Service B&M | $7,419 |
For 2018, Security Bank Of Kansas City had 42 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $110,572 |
| Net interest income | $100,586 |
| Total noninterest income | $12,654 |
| Gross Fiduciary activities income | $2,634 |
| Service charges on deposit accounts | $4,362 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $5,658 |
| Pre-tax net operating income | $52,815 |
| Securities gains (or losses, -) | $68 |
| Income before extraordinary items | $42,628 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $42,628 |
| Minority interest net income | $0 |
| Net income | $42,628 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $42,572 |
Security Bank Of Kansas City's gross interest income from loans was $110,572,000.
Security Bank Of Kansas City's net interest income from loans was $100,586,000.
Security Bank Of Kansas City's fee based income from loans was $4,362,000.
Security Bank Of Kansas City's net income from loans was $42,628,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $9,986 |
| Provision for credit losses | $1,600 |
| Total noninterest expense | $58,825 |
| Salaries and employee benefits | $35,673 |
| Premises and equipment expense | $11,529 |
| Additional noninterest expense | $11,623 |
| Applicable income taxes | $10,255 |
| Net charge-offs | $-140 |
| Cash dividends | $20,000 |
Security Bank Of Kansas City's interest expense for loans was $9,986,000.
Security Bank Of Kansas City's payroll and benefits expense were $35,673,000.
Security Bank Of Kansas City's property, plant and equipment expenses $11,529,000.
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 | $2,346,330 |
| Deposits held in domestic offices | $2,346,330 |
| Deposits by Individuals, partnerships, and corporations | $2,268,660 |
| Deposits by U.S. Government | $236 |
| Deposits by States and political subdivisions in the U.S. | $69,682 |
| Deposits by Commercial banks and other depository institutions in U.S. | $7,752 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $988,797 |
| Demand deposits | $635,033 |
| Nontransaction accounts | $1,357,533 |
| Money market deposit accounts (MMDAs) | $677,921 |
| Other savings deposits (excluding MMDAs) | $211,108 |
| Total time deposits | $468,504 |
| Total time and savings deposits | $1,711,297 |
| Noninterest-bearing deposits | $635,033 |
| Interest-bearing deposits | $1,711,297 |
| Retail deposits | $2,249,693 |
| IRAs and Keogh plan accounts | $97,976 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $3,004,453 |
| Cash & Balances due from depository institutions | $130,260 |
| Interest-bearing balances | $78,899 |
| Total securities | $1,081,802 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $1,625,388 |
| Loan and leases loss allowance | $28,885 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $47,397 |
| Other real estate owned | $10,999 |
| Goodwill and other intangibles | $71,927 |
| All other assets | $36,680 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $3,004,453 |
| Total Liabilities | $2,529,568 |
| Total deposits | $2,346,330 |
| Interest-bearing deposits | $1,711,297 |
| Deposits held in domestic offices | $2,346,330 |
| % insured (estimated) | $80 |
| Federal funds purchased and repurchase agreements | $130,636 |
| Trading liabilities | $0 |
| Other borrowed funds | $45,500 |
| Subordinated debt | $0 |
| All other liabilities | $7,102 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $1,625,388 |
| Loan and leases loss allowance | $28,885 |
| Total loans and leases (domestic) | $1,654,273 |
| All real estate loans | $1,405,835 |
| Real estate loans in domestic offices | $1,405,835 |
| Construction and development loans | $445,777 |
| Residential 1-4 family construction | $78,267 |
| Other construction, all land development and other land | $367,510 |
| Loans secured by nonfarm nonresidential properties | $723,652 |
| Nonfarm nonresidential secured by owner-occupied properties | $154,528 |
| Commercial real estate & other non-farm, non-residential | $569,124 |
| Multifamily residential real estate | $122,393 |
| 1-4 family residential loans | $91,493 |
| Farmland loans | $22,520 |
| Loans held in foreign offices | $0 |
| Farm loans | $1,521 |
| Commercial and industrial loans | $187,087 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $8,222 |
| Credit card loans | $0 |
| Related Plans | $1,477 |
| Consumer Auto Loans | $2,555 |
| Other loans to individuals | $4,190 |
| All other loans & leases | $51,608 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $1,111 |
| 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 | $28,547 |
| Non 1-4 family restructured loans & leases | $28,395 |
| Total loans and leases (foreign) | $0 |
Security Bank of Kansas City had $1,625,388,000 of loans outstanding in 2018. $1,405,835,000 of loans were in real estate loans. $445,777,000 of loans were in development loans. $122,393,000 of loans were in multifamily mortgage loans. $91,493,000 of loans were in 1-4 family mortgage loans. $1,521,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,555,000 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 | 311 | $74,556 | $239,730 |
| Nonfarm, nonresidential loans - <$100k | 50 | $1,809 | $36,180 |
| Nonfarm, nonresidential loans - $100-250k | 103 | $12,353 | $119,932 |
| Nonfarm, nonresidential loans - $250k-1MM | 158 | $60,394 | $382,241 |
| Commercial & Industrial, US addressed loans - <$1MM | 576 | $64,915 | $112,700 |
| Commercial & Industrial, US addressed loans - <$100k | 326 | $9,450 | $28,988 |
| Commercial & Industrial, US addressed loans - $100-250k | 113 | $11,086 | $98,106 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 137 | $44,379 | $323,934 |
| Farmland loans - <$1MM | 36 | $5,720 | $158,889 |
| Farmland loans - <$100k | 15 | $702 | $46,800 |
| Farmland loans - $100-250k | 11 | $1,079 | $98,091 |
| Farmland loans - $250k-1MM | 10 | $3,939 | $393,900 |
| Agriculture operations loans - <$1MM | 17 | $947 | $55,706 |
| Agriculture operations loans - <$100k | 12 | $163 | $13,583 |
| Agriculture operations loans - $100-250k | 4 | $467 | $116,750 |
| Agriculture operations loans - $250k-1MM | 1 | $317 | $317,000 |