John Marshall Bank Mortgage Rates, Fees & Info

Reston, VA

LEI: 549300A0NYWCTG5X8Y25

Tax ID: 74-3125891

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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

    John Marshall Bank is a smaller bank specializing in Home Purchase and Refi loans. John Marshall Bank has a high proportion of conventional loans. Their top two markets are Washington and Lynchburg .

    John Marshall Bank has an above average approval rate when compared to the average across all lenders. They have an above 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

    92

    Origination Dollar Volume (All Markets)

    $76,280,000

    Employee count

    140

    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
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 91 $76,175,000 $837,088 $0 0.00%
    LYNCHBURG, VA (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
    John Marshall Bank's top markets include Washington and Lynchburg among others.

    Their top states include:
  • Virginia (FHA|USDA|VA)
  • District of Columbia (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 92 $76,280,000 $829,130 $0 0.00%

    For 2018, John Marshall Bank's most frequently originated type of loan was Conventional, with 92 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 64 $40,230,000 $628,594 $0 0.00%
    Refi 28 $36,050,000 $1,287,500 $0 0.00%

    For 2018, John Marshall Bank's most frequently cited loan purpose was Home Purchase, with 64 originations. The 2nd most popular reason was Refi, with 28 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 92 $76,280,000 $829,130 $0 0.00%

    For 2018, John Marshall Bank's most frequently cited loan duration was Other, with 92 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 27 $3,765,000 $139,444 $0 0.00%
    $200k-400k 22 $6,050,000 $275,000 $0 0.00%
    $400k-600k 14 $6,870,000 $490,714 $0 0.00%
    $600k-1MM 12 $8,770,000 $730,833 $0 0.00%
    $1MM+ 9 $50,235,000 $5,581,667 $0 0.00%
    $100,000 or less 8 $590,000 $73,750 $0 0.00%

    2018 saw John Marshall Bank place emphasis on $100k-200k loans with 27 originations, totaling $3,765,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 11 $6,155,000 $559,545 $0 0.00%
    $150k-250k 6 $2,640,000 $440,000 $0 0.00%
    $100k-150k 4 $1,470,000 $367,500 $0 0.00%
    $50k or less 2 $940,000 $470,000 $0 0.00%

    John Marshall Bank lent most frequently to those with incomes in the $250k+ range, with 11 originations. The second most popular income band? $150k-250k, with 6 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 92 $76,280,000 $829,130 $0 0.00%

    John Marshall Bank lent most frequently to those with DTI ratios of Exempt%, with 92 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 69 $65,075,000 $943,116 $0 0.00%
    White 16 $8,800,000 $550,000 $0 0.00%
    Not provided 5 $1,855,000 $371,000 $0 0.00%
    Korean 1 $455,000 $455,000 $0 0.00%
    Black 1 $95,000 $95,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.95%

    John Marshall Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    98.91%

    John Marshall Bank has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 92 $76,280,000 $829,130

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 8 $48,520,000 $6,065,000
    Single Family (1-4 Units):Site-Built 84 $27,760,000 $330,476

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    John Marshall Bank 11 N. Washington Street, Suite 100 Rockville, MD 20850 Full Service B&M $72,697
    John Marshall Bank 1401 H Street Nw Suite 702 Washington, DC 20005 Full Service B&M $43,812
    John Marshall Bank 1943 Isaac Newton Square East, Suite 100 Reston, VA 20190 Full Service B&M $250,942
    John Marshall Bank 2300 Wilson Boulevard, Suite 120 Arlington, VA 22201 Full Service B&M $297,256
    John Marshall Bank 640 Franklin Street Alexandria, VA 22314 Full Service B&M $164,860
    John Marshall Bank 842 S King St Leesburg, VA 20175 Full Service B&M $146,565

    For 2018, John Marshall Bank had 6 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $57,890
    Net interest income $45,187
    Total noninterest income $1,255
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $318
    Trading account gains and fees $0
    Additional Noninterest Income $937
    Pre-tax net operating income $17,058
    Securities gains (or losses, -) $0
    Income before extraordinary items $13,527
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $13,527
    Minority interest net income $0
    Net income $13,527
    Sale, conversion, retirement of capital stock, net $996
    Net operating income $13,527

    John Marshall Bank's gross interest income from loans was $57,890,000.
    John Marshall Bank's net interest income from loans was $45,187,000.
    John Marshall Bank's fee based income from loans was $318,000.
    John Marshall Bank's net income from loans was $13,527,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $12,703
    Provision for credit losses $1,069
    Total noninterest expense $28,315
    Salaries and employee benefits $18,230
    Premises and equipment expense $3,337
    Additional noninterest expense $6,748
    Applicable income taxes $3,531
    Net charge-offs $266
    Cash dividends $0

    John Marshall Bank's interest expense for loans was $12,703,000.
    John Marshall Bank's payroll and benefits expense were $18,230,000.
    John Marshall Bank's property, plant and equipment expenses $3,337,000.

    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 $1,140,035
    Deposits held in domestic offices $1,140,035
    Deposits by Individuals, partnerships, and corporations $947,561
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $162,732
    Deposits by Commercial banks and other depository institutions in U.S. $29,742
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $105,451
    Demand deposits $98,371
    Nontransaction accounts $1,034,584
    Money market deposit accounts (MMDAs) $263,171
    Other savings deposits (excluding MMDAs) $229,987
    Total time deposits $541,425
    Total time and savings deposits $1,041,664
    Noninterest-bearing deposits $223,966
    Interest-bearing deposits $916,069
    Retail deposits $841,597
    IRAs and Keogh plan accounts $7,924
    Brokered deposits $68,197
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,394,135
    Cash & Balances due from depository institutions $101,569
    Interest-bearing balances $93,716
    Total securities $97,232
    Federal funds sold & reverse repurchase $126
    Net loans and leases $1,151,724
    Loan and leases loss allowance $9,731
    Trading account assets $0
    Bank premises and fixed assets $2,852
    Other real estate owned $379
    Goodwill and other intangibles $0
    All other assets $40,253

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,394,135
    Total Liabilities $1,228,903
    Total deposits $1,140,035
    Interest-bearing deposits $916,069
    Deposits held in domestic offices $1,140,035
    % insured (estimated) $61
    Federal funds purchased and repurchase agreements $15,001
    Trading liabilities $0
    Other borrowed funds $68,500
    Subordinated debt $0
    All other liabilities $5,367

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,151,724
    Loan and leases loss allowance $9,731
    Total loans and leases (domestic) $1,161,455
    All real estate loans $1,096,138
    Real estate loans in domestic offices $1,096,138
    Construction and development loans $204,987
    Residential 1-4 family construction $103,206
    Other construction, all land development and other land $101,781
    Loans secured by nonfarm nonresidential properties $681,372
    Nonfarm nonresidential secured by owner-occupied properties $217,874
    Commercial real estate & other non-farm, non-residential $463,498
    Multifamily residential real estate $65,970
    1-4 family residential loans $143,809
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $65,815
    To non-U.S. addressees $0
    Loans to individuals $1,198
    Credit card loans $0
    Related Plans $324
    Consumer Auto Loans $282
    Other loans to individuals $592
    All other loans & leases $0
    Loans to foreign governments and official institutions $0
    Other loans $0
    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 $853
    Non 1-4 family restructured loans & leases $372
    Total loans and leases (foreign) $0

    John Marshall Bank had $1,151,724,000 of loans outstanding in 2018. $1,096,138,000 of loans were in real estate loans. $204,987,000 of loans were in development loans. $65,970,000 of loans were in multifamily mortgage loans. $143,809,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $282,000 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 276 $112,440 $407,391
    Nonfarm, nonresidential loans - <$100k 21 $976 $46,476
    Nonfarm, nonresidential loans - $100-250k 54 $8,948 $165,704
    Nonfarm, nonresidential loans - $250k-1MM 201 $102,516 $510,030
    Commercial & Industrial, US addressed loans - <$1MM 359 $44,951 $125,212
    Commercial & Industrial, US addressed loans - <$100k 135 $3,192 $23,644
    Commercial & Industrial, US addressed loans - $100-250k 97 $8,712 $89,814
    Commercial & Industrial, US addressed loans - $250k-1MM 127 $33,047 $260,213