Points West Community Bank Mortgage Rates, Fees & Info

Windsor, CO

LEI: 5493009D7ZK3I86CJC09

Tax ID: 84-0240535

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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

    Points West Community Bank is a smaller bank specializing in Refi and Home Purchase loans. Points West Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Fort Collins, Greeley, and Cheyenne among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Points West Community 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

    101

    Origination Dollar Volume (All Markets)

    $10,895,000

    Employee count

    152

    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 86 $7,720,000 $89,767 $0 0.00%
    FORT COLLINS, CO (FHA|USDA|VA) 5 $1,175,000 $235,000 $0 0.00%
    GREELEY, CO (FHA|USDA|VA) 8 $1,030,000 $128,750 $0 0.00%
    CHEYENNE, WY (FHA|USDA|VA) 2 $970,000 $485,000 $0 0.00%
    Points West Community Bank's top markets include Fort Collins, Greeley, and Cheyenne among others.

    Their top states include:
  • (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Wyoming (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 101 $10,895,000 $107,871 $0 0.00%

    For 2020, Points West Community Bank's most frequently originated type of loan was Conventional, with 101 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 50 $4,820,000 $96,400 $0 0.00%
    Home Purchase 39 $4,935,000 $126,538 $0 0.00%
    Other 10 $1,080,000 $108,000 $0 0.00%
    Home Improvement 2 $60,000 $30,000 $0 0.00%

    For 2020, Points West Community Bank's most frequently cited loan purpose was Refi, with 50 originations. The 2nd most popular reason was Home Purchase, with 39 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 101 $10,895,000 $107,871 $0 0.00%

    For 2020, Points West Community Bank's most frequently cited loan duration was Other, with 101 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 71 $3,005,000 $42,324 $0 0.00%
    $100k-200k 18 $2,560,000 $142,222 $0 0.00%
    $200k-400k 7 $1,965,000 $280,714 $0 0.00%
    $600k-1MM 4 $2,960,000 $740,000 $0 0.00%
    $400k-600k 1 $405,000 $405,000 $0 0.00%

    2020 saw Points West Community Bank place emphasis on $100,000 or less loans with 71 originations, totaling $3,005,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 23 $1,165,000 $50,652 $0 0.00%
    $75k-100k 18 $1,380,000 $76,667 $0 0.00%
    $50k-75k 17 $765,000 $45,000 $0 0.00%
    $100k-150k 13 $865,000 $66,538 $0 0.00%
    $150k-250k 8 $690,000 $86,250 $0 0.00%
    $250k+ 6 $1,200,000 $200,000 $0 0.00%

    Points West Community Bank lent most frequently to those with incomes in the $50k or less range, with 23 originations. The second most popular income band? $75k-100k, with 18 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 101 $10,895,000 $107,871 $0 0.00%

    Points West Community Bank lent most frequently to those with DTI ratios of Exempt%, with 101 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 84 $6,010,000 $71,548 $0 0.00%
    Not applicable 16 $4,830,000 $301,875 $0 0.00%
    Not provided 1 $55,000 $55,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    89.13%

    Points West Community Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    78.22%

    Points West Community Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 101 $10,895,000 $107,871

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 3 $1,405,000 $468,333
    Multifamily:Site-Built 8 $1,440,000 $180,000
    Single Family (1-4 Units):Manufactured 13 $695,000 $53,462
    Single Family (1-4 Units):Site-Built 77 $7,355,000 $95,519

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    PENTAGON FEDERAL CREDIT UNION Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 34 23.1%
    PENTAGON FEDERAL CREDIT UNION Conventional home mortgage Closing on a mortgage 16 10.9%
    PENTAGON FEDERAL CREDIT UNION Conventional home mortgage Incorrect information on your report 2 1.4%
    PENTAGON FEDERAL CREDIT UNION Conventional home mortgage Struggling to pay mortgage 2 1.4%
    PENTAGON FEDERAL CREDIT UNION Conventional home mortgage Trouble during payment process 36 24.5%
    PENTAGON FEDERAL CREDIT UNION Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 9 6.1%
    PENTAGON FEDERAL CREDIT UNION Home equity loan or line of credit (HELOC) Closing on a mortgage 4 2.7%
    PENTAGON FEDERAL CREDIT UNION Home equity loan or line of credit (HELOC) Struggling to pay mortgage 1 0.7%
    PENTAGON FEDERAL CREDIT UNION Home equity loan or line of credit (HELOC) Trouble during payment process 20 13.6%
    PENTAGON FEDERAL CREDIT UNION Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 3 2.0%
    PENTAGON FEDERAL CREDIT UNION Other type of mortgage Trouble during payment process 3 2.0%
    PENTAGON FEDERAL CREDIT UNION VA mortgage Applying for a mortgage or refinancing an existing mortgage 8 5.4%
    PENTAGON FEDERAL CREDIT UNION VA mortgage Closing on a mortgage 7 4.8%
    PENTAGON FEDERAL CREDIT UNION VA mortgage Struggling to pay mortgage 1 0.7%
    PENTAGON FEDERAL CREDIT UNION VA mortgage Trouble during payment process 1 0.7%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Points West Community Bank 100 East Third Street Julesburg, CO 80737 Full Service B&M $76,852
    Points West Community Bank 102 Coldwater Lisco, NE 69148 Full Service B&M $16,234
    Points West Community Bank 128 South Colorado Avenue Haxtun, CO 80731 Full Service B&M $51,256
    Points West Community Bank 1291 Main Street Windsor, CO 80550 Full Service B&M $47,839
    Points West Community Bank 1632 East Richards Douglas, WY 82633 Full Service B&M $34,769
    Points West Community Bank 201 Chestnut Street Kimball, NE 69145 Full Service B&M $31,195
    Points West Community Bank 205 West 2nd Pine Bluffs, WY 82082 Full Service B&M $33,937
    Points West Community Bank 2234 Main Street Torrington, WY 82240 Full Service B&M $67,567
    Points West Community Bank 295 East 29th Street Loveland, CO 80538 Full Service B&M $2,814
    Points West Community Bank 301 Main Street Dalton, NE 69131 Full Service B&M $16,297
    Points West Community Bank 3227 South Timberline Road Fort Collins, CO 80525 Full Service B&M $5,140
    Points West Community Bank 355 Eastman Park Drive Windsor, CO 80550 Full Service B&M $29,435
    Points West Community Bank 420 Glover Road Sidney, NE 69162 Full Service B&M $12,001
    Points West Community Bank 4th And Broadway Fullerton, NE 68638 Full Service B&M $26,420
    Points West Community Bank 6801 W. 20th Street Greeley, CO 80634 Full Service B&M $23,652
    Points West Community Bank 774 2nd St Chappell, NE 69129 Full Service B&M $24,708
    Points West Community Bank 805 Compassion Drive Windsor, CO 80550 Full Service B&M $0
    Points West Community Bank 809 Illinois Street Sidney, NE 69162 Full Service B&M $91,086
    Points West Community Bank 8100 6th Street Wellington, CO 80549 Full Service B&M $22,343
    Points West Community Bank 940 9th Avenue Greeley, CO 80631 Full Service B&M $2,838
    Points West Community Bank Third And Main Streets Lingle, WY 82223 Full Service B&M $21,319

    For 2020, Points West Community Bank had 21 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $30,431
    Net interest income $27,030
    Total noninterest income $2,072
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $590
    Trading account gains and fees $0
    Additional Noninterest Income $1,482
    Pre-tax net operating income $12,338
    Securities gains (or losses, -) $4
    Income before extraordinary items $12,242
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $12,242
    Minority interest net income $0
    Net income $12,242
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $12,238

    Points West Community Bank's gross interest income from loans was $30,431,000.
    Points West Community Bank's net interest income from loans was $27,030,000.
    Points West Community Bank's fee based income from loans was $590,000.
    Points West Community Bank's net income from loans was $12,242,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,401
    Provision for credit losses $200
    Total noninterest expense $16,564
    Salaries and employee benefits $10,455
    Premises and equipment expense $1,834
    Additional noninterest expense $4,275
    Applicable income taxes $100
    Net charge-offs $406
    Cash dividends $9,100

    Points West Community Bank's interest expense for loans was $3,401,000.
    Points West Community Bank's payroll and benefits expense were $10,455,000.
    Points West Community Bank's property, plant and equipment expenses $1,834,000.

    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 2.0%
    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 $664,712
    Deposits held in domestic offices $664,712
    Deposits by Individuals, partnerships, and corporations $523,201
    Deposits by U.S. Government $6
    Deposits by States and political subdivisions in the U.S. $141,498
    Deposits by Commercial banks and other depository institutions in U.S. $7
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $61,274
    Demand deposits $21,703
    Nontransaction accounts $603,438
    Money market deposit accounts (MMDAs) $80,612
    Other savings deposits (excluding MMDAs) $390,021
    Total time deposits $132,805
    Total time and savings deposits $643,009
    Noninterest-bearing deposits $159,701
    Interest-bearing deposits $505,011
    Retail deposits $615,743
    IRAs and Keogh plan accounts $13,423
    Brokered deposits $2,273
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $789,027
    Cash & Balances due from depository institutions $82,392
    Interest-bearing balances $68,732
    Total securities $262,095
    Federal funds sold & reverse repurchase $0
    Net loans and leases $406,014
    Loan and leases loss allowance $7,937
    Trading account assets $0
    Bank premises and fixed assets $11,041
    Other real estate owned $0
    Goodwill and other intangibles $3,834
    All other assets $23,651

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $789,027
    Total Liabilities $709,540
    Total deposits $664,712
    Interest-bearing deposits $505,011
    Deposits held in domestic offices $664,712
    % insured (estimated) $64
    Federal funds purchased and repurchase agreements $14,572
    Trading liabilities $0
    Other borrowed funds $27,889
    Subordinated debt $0
    All other liabilities $2,367

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $406,014
    Loan and leases loss allowance $7,937
    Total loans and leases (domestic) $413,951
    All real estate loans $280,366
    Real estate loans in domestic offices $280,366
    Construction and development loans $36,713
    Residential 1-4 family construction $22,312
    Other construction, all land development and other land $14,401
    Loans secured by nonfarm nonresidential properties $80,211
    Nonfarm nonresidential secured by owner-occupied properties $35,336
    Commercial real estate & other non-farm, non-residential $44,875
    Multifamily residential real estate $5,184
    1-4 family residential loans $41,669
    Farmland loans $116,589
    Loans held in foreign offices $0
    Farm loans $66,606
    Commercial and industrial loans $51,866
    To non-U.S. addressees $0
    Loans to individuals $8,926
    Credit card loans $0
    Related Plans $155
    Consumer Auto Loans $4,211
    Other loans to individuals $4,560
    All other loans & leases $7,286
    Loans to foreign governments and official institutions $0
    Other loans $991
    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 $1,452
    Non 1-4 family restructured loans & leases $1,227
    Total loans and leases (foreign) $0

    Points West Community Bank had $406,014,000 of loans outstanding in 2020. $280,366,000 of loans were in real estate loans. $36,713,000 of loans were in development loans. $5,184,000 of loans were in multifamily mortgage loans. $41,669,000 of loans were in 1-4 family mortgage loans. $66,606,000 of loans were in farm loans. $0 of loans were in credit card loans. $4,211,000 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 166 $29,671 $178,741
    Nonfarm, nonresidential loans - <$100k 67 $2,095 $31,269
    Nonfarm, nonresidential loans - $100-250k 41 $2,761 $67,341
    Nonfarm, nonresidential loans - $250k-1MM 58 $24,815 $427,845
    Commercial & Industrial, US addressed loans - <$1MM 407 $17,603 $43,251
    Commercial & Industrial, US addressed loans - <$100k 364 $13,826 $37,984
    Commercial & Industrial, US addressed loans - $100-250k 29 $3,227 $111,276
    Commercial & Industrial, US addressed loans - $250k-1MM 14 $550 $39,286
    Farmland loans - <$1MM 272 $32,377 $119,033
    Farmland loans - <$100k 104 $4,080 $39,231
    Farmland loans - $100-250k 120 $14,690 $122,417
    Farmland loans - $250k-1MM 48 $13,607 $283,479
    Agriculture operations loans - <$1MM 856 $65,119 $76,074
    Agriculture operations loans - <$100k 767 $55,256 $72,042
    Agriculture operations loans - $100-250k 70 $5,973 $85,329
    Agriculture operations loans - $250k-1MM 19 $3,890 $204,737