Points West Community Bank Mortgage Rates, Fees & Info
Windsor, COLEI: 5493009D7ZK3I86CJC09
Tax ID: 84-0240535
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Bank Data
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, Denver, Casper, and Sterling among others. We have data for 13 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.
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.
Originations
119Origination Dollar Volume (All Markets)
$22,635,000Employee count
146Top 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 | 78 | $9,430,000 | $120,897 | $0 | 0.00% |
| FORT COLLINS, CO (FHA|USDA|VA) | 15 | $4,585,000 | $305,667 | $0 | 0.00% |
| GREELEY, CO (FHA|USDA|VA) | 9 | $4,145,000 | $460,556 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 5 | $2,735,000 | $547,000 | $0 | 0.00% |
| CASPER, WY (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $0 | 0.00% |
| Sterling, CO (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $0 | 0.00% |
| RAPID CITY, SD (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| Laramie, WY (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| CHEYENNE, WY (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $0 | 0.00% |
| GRAND ISLAND, NE (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| Kearney, NE (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
| Fort Morgan, CO (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
| Scottsbluff, NE (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 119 | $22,635,000 | $190,210 | $0 | 0.00% |
For 2021, Points West Community Bank's most frequently originated type of loan was Conventional, with 119 originations.
Loan Reason
For 2021, Points West Community Bank's most frequently cited loan purpose was Refi, with 58 originations. The 2nd most popular reason was Home Purchase, with 42 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 119 | $22,635,000 | $190,210 | $0 | 0.00% |
For 2021, Points West Community Bank's most frequently cited loan duration was Other, with 119 originations.
Loan Sizing
2021 saw Points West Community Bank place emphasis on $100,000 or less loans with 71 originations, totaling $3,195,000 in origination value.
Applicant Income
Points West Community Bank lent most frequently to those with incomes in the $50k-75k range, with 20 originations. The second most popular income band? $50k or less, with 19 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 119 | $22,635,000 | $190,210 | $0 | 0.00% |
Points West Community Bank lent most frequently to those with DTI ratios of Exempt%, with 119 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.96%
Points West Community Bank has an average approval rate.
Pick Rate
Approvals leading to origination84.87%
Points West Community Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 119 | $22,635,000 | $190,210 |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| PENTAGON FEDERAL CREDIT UNION | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 24 | 15.4% |
| PENTAGON FEDERAL CREDIT UNION | Conventional home mortgage | Closing on a mortgage | 21 | 13.5% |
| PENTAGON FEDERAL CREDIT UNION | Conventional home mortgage | Incorrect information on your report | 1 | 0.6% |
| PENTAGON FEDERAL CREDIT UNION | Conventional home mortgage | Struggling to pay mortgage | 2 | 1.3% |
| PENTAGON FEDERAL CREDIT UNION | Conventional home mortgage | Trouble during payment process | 38 | 24.4% |
| PENTAGON FEDERAL CREDIT UNION | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 0.6% |
| PENTAGON FEDERAL CREDIT UNION | FHA mortgage | Closing on a mortgage | 1 | 0.6% |
| PENTAGON FEDERAL CREDIT UNION | FHA mortgage | Incorrect information on your report | 1 | 0.6% |
| PENTAGON FEDERAL CREDIT UNION | FHA mortgage | Struggling to pay mortgage | 1 | 0.6% |
| PENTAGON FEDERAL CREDIT UNION | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 8 | 5.1% |
| PENTAGON FEDERAL CREDIT UNION | Home equity loan or line of credit (HELOC) | Closing on a mortgage | 7 | 4.5% |
| PENTAGON FEDERAL CREDIT UNION | Home equity loan or line of credit (HELOC) | Improper use of your report | 1 | 0.6% |
| PENTAGON FEDERAL CREDIT UNION | Home equity loan or line of credit (HELOC) | Incorrect information on your report | 1 | 0.6% |
| PENTAGON FEDERAL CREDIT UNION | Home equity loan or line of credit (HELOC) | Struggling to pay mortgage | 3 | 1.9% |
| PENTAGON FEDERAL CREDIT UNION | Home equity loan or line of credit (HELOC) | Trouble during payment process | 17 | 10.9% |
| PENTAGON FEDERAL CREDIT UNION | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 4 | 2.6% |
| PENTAGON FEDERAL CREDIT UNION | Other type of mortgage | Closing on a mortgage | 1 | 0.6% |
| PENTAGON FEDERAL CREDIT UNION | Other type of mortgage | Problem with fraud alerts or security freezes | 1 | 0.6% |
| PENTAGON FEDERAL CREDIT UNION | Other type of mortgage | Struggling to pay mortgage | 1 | 0.6% |
| PENTAGON FEDERAL CREDIT UNION | Other type of mortgage | Trouble during payment process | 3 | 1.9% |
| PENTAGON FEDERAL CREDIT UNION | VA mortgage | Applying for a mortgage or refinancing an existing mortgage | 10 | 6.4% |
| PENTAGON FEDERAL CREDIT UNION | VA mortgage | Closing on a mortgage | 4 | 2.6% |
| PENTAGON FEDERAL CREDIT UNION | VA mortgage | Trouble during payment process | 5 | 3.2% |
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 | $75,283 |
| Points West Community Bank | 102 Coldwater Lisco, NE 69148 | Full Service B&M | $16,664 |
| Points West Community Bank | 128 South Colorado Avenue Haxtun, CO 80731 | Full Service B&M | $54,187 |
| Points West Community Bank | 1291 Main Street Windsor, CO 80550 | Full Service B&M | $67,825 |
| Points West Community Bank | 1632 East Richards Douglas, WY 82633 | Full Service B&M | $32,396 |
| Points West Community Bank | 201 Chestnut Street Kimball, NE 69145 | Full Service B&M | $36,525 |
| Points West Community Bank | 205 West 2nd Pine Bluffs, WY 82082 | Full Service B&M | $35,089 |
| Points West Community Bank | 2234 Main Street Torrington, WY 82240 | Full Service B&M | $72,349 |
| Points West Community Bank | 295 East 29th Street Loveland, CO 80538 | Full Service B&M | $8,050 |
| Points West Community Bank | 301 Main Street Dalton, NE 69131 | Full Service B&M | $16,881 |
| Points West Community Bank | 3227 South Timberline Road Fort Collins, CO 80525 | Full Service B&M | $6,578 |
| Points West Community Bank | 355 Eastman Park Drive Windsor, CO 80550 | Full Service B&M | $42,446 |
| Points West Community Bank | 420 Glover Road Sidney, NE 69162 | Full Service B&M | $13,311 |
| Points West Community Bank | 4th And Broadway Fullerton, NE 68638 | Full Service B&M | $27,318 |
| Points West Community Bank | 6801 W. 20th Street Greeley, CO 80634 | Full Service B&M | $23,047 |
| Points West Community Bank | 774 2nd St Chappell, NE 69129 | Full Service B&M | $29,189 |
| 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 | $84,944 |
| Points West Community Bank | 8100 6th Street Wellington, CO 80549 | Full Service B&M | $26,556 |
| Points West Community Bank | 940 9th Avenue Greeley, CO 80631 | Full Service B&M | $4,784 |
| Points West Community Bank | Third And Main Streets Lingle, WY 82223 | Full Service B&M | $29,946 |
For 2021, Points West Community Bank had 21 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $29,209 |
| Net interest income | $27,367 |
| Total noninterest income | $2,411 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $590 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $1,821 |
| Pre-tax net operating income | $12,824 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $12,719 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $12,719 |
| Minority interest net income | $0 |
| Net income | $12,719 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $12,719 |
Points West Community Bank's gross interest income from loans was $29,209,000.
Points West Community Bank's net interest income from loans was $27,367,000.
Points West Community Bank's fee based income from loans was $590,000.
Points West Community Bank's net income from loans was $12,719,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $1,842 |
| Provision for credit losses | $0 |
| Total noninterest expense | $16,954 |
| Salaries and employee benefits | $10,852 |
| Premises and equipment expense | $2,009 |
| Additional noninterest expense | $4,093 |
| Applicable income taxes | $105 |
| Net charge-offs | $-34 |
| Cash dividends | $5,250 |
Points West Community Bank's interest expense for loans was $1,842,000.
Points West Community Bank's payroll and benefits expense were $10,852,000.
Points West Community Bank's property, plant and equipment expenses $2,009,000.
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 | 1.0% |
| 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 | 1.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $716,290 |
| Deposits held in domestic offices | $716,290 |
| Deposits by Individuals, partnerships, and corporations | $575,816 |
| Deposits by U.S. Government | $4 |
| Deposits by States and political subdivisions in the U.S. | $140,450 |
| Deposits by Commercial banks and other depository institutions in U.S. | $20 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $67,179 |
| Demand deposits | $21,698 |
| Nontransaction accounts | $649,111 |
| Money market deposit accounts (MMDAs) | $89,568 |
| Other savings deposits (excluding MMDAs) | $451,561 |
| Total time deposits | $107,982 |
| Total time and savings deposits | $694,592 |
| Noninterest-bearing deposits | $191,401 |
| Interest-bearing deposits | $524,889 |
| Retail deposits | $682,334 |
| IRAs and Keogh plan accounts | $12,256 |
| Brokered deposits | $5,248 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $833,535 |
| Cash & Balances due from depository institutions | $101,467 |
| Interest-bearing balances | $89,517 |
| Total securities | $329,251 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $366,519 |
| Loan and leases loss allowance | $7,971 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $10,299 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $3,834 |
| All other assets | $22,165 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $833,535 |
| Total Liabilities | $752,304 |
| Total deposits | $716,290 |
| Interest-bearing deposits | $524,889 |
| Deposits held in domestic offices | $716,290 |
| % insured (estimated) | $71 |
| Federal funds purchased and repurchase agreements | $10,193 |
| Trading liabilities | $0 |
| Other borrowed funds | $23,351 |
| Subordinated debt | $0 |
| All other liabilities | $2,470 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $366,519 |
| Loan and leases loss allowance | $7,971 |
| Total loans and leases (domestic) | $374,490 |
| All real estate loans | $267,973 |
| Real estate loans in domestic offices | $267,973 |
| Construction and development loans | $32,154 |
| Residential 1-4 family construction | $19,850 |
| Other construction, all land development and other land | $12,304 |
| Loans secured by nonfarm nonresidential properties | $76,857 |
| Nonfarm nonresidential secured by owner-occupied properties | $31,365 |
| Commercial real estate & other non-farm, non-residential | $45,492 |
| Multifamily residential real estate | $5,891 |
| 1-4 family residential loans | $44,672 |
| Farmland loans | $108,399 |
| Loans held in foreign offices | $0 |
| Farm loans | $63,144 |
| Commercial and industrial loans | $28,260 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $8,106 |
| Credit card loans | $0 |
| Related Plans | $144 |
| Consumer Auto Loans | $3,765 |
| Other loans to individuals | $4,197 |
| All other loans & leases | $7,503 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $2,882 |
| 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 | $1,197 |
| Non 1-4 family restructured loans & leases | $974 |
| Total loans and leases (foreign) | $0 |
Points West Community Bank had $366,519,000 of loans outstanding in 2021. $267,973,000 of loans were in real estate loans. $32,154,000 of loans were in development loans. $5,891,000 of loans were in multifamily mortgage loans. $44,672,000 of loans were in 1-4 family mortgage loans. $63,144,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,765,000 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 | 157 | $32,305 | $205,764 |
| Nonfarm, nonresidential loans - <$100k | 63 | $2,088 | $33,143 |
| Nonfarm, nonresidential loans - $100-250k | 42 | $5,433 | $129,357 |
| Nonfarm, nonresidential loans - $250k-1MM | 52 | $24,784 | $476,615 |
| Commercial & Industrial, US addressed loans - <$1MM | 478 | $18,520 | $38,745 |
| Commercial & Industrial, US addressed loans - <$100k | 382 | $6,446 | $16,874 |
| Commercial & Industrial, US addressed loans - $100-250k | 62 | $4,886 | $78,806 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 34 | $7,188 | $211,412 |
| Farmland loans - <$1MM | 244 | $27,369 | $112,168 |
| Farmland loans - <$100k | 89 | $3,483 | $39,135 |
| Farmland loans - $100-250k | 115 | $13,339 | $115,991 |
| Farmland loans - $250k-1MM | 40 | $10,547 | $263,675 |
| Agriculture operations loans - <$1MM | 809 | $61,595 | $76,137 |
| Agriculture operations loans - <$100k | 721 | $52,382 | $72,652 |
| Agriculture operations loans - $100-250k | 72 | $6,661 | $92,514 |
| Agriculture operations loans - $250k-1MM | 16 | $2,552 | $159,500 |