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 markets by origination volume include: Washington, Charlottesville, Easton, and Asheville among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    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

    86

    Origination Dollar Volume (All Markets)

    $58,960,000

    Employee count

    134

    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) 82 $57,010,000 $695,244 $0 0.00%
    Outside of Metro Areas 1 $725,000 $725,000 $0 0.00%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $535,000 $535,000 $0 0.00%
    Easton, MD (FHA|USDA|VA) 1 $535,000 $535,000 $0 0.00%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
    John Marshall Bank's top markets include Washington, Charlottesville, Easton, and Asheville among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 86 $58,960,000 $685,581 $0 0.00%

    For 2019, John Marshall Bank's most frequently originated type of loan was Conventional, with 86 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 60 $33,220,000 $553,667 $0 0.00%
    Refi 26 $25,740,000 $990,000 $0 0.00%

    For 2019, John Marshall Bank's most frequently cited loan purpose was Home Purchase, with 60 originations. The 2nd most popular reason was Refi, with 26 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 86 $58,960,000 $685,581 $0 0.00%

    For 2019, John Marshall Bank's most frequently cited loan duration was Other, with 86 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 24 $7,530,000 $313,750 $0 0.00%
    $400k-600k 24 $11,640,000 $485,000 $0 0.00%
    $1MM+ 13 $30,035,000 $2,310,385 $0 0.00%
    $100k-200k 12 $1,820,000 $151,667 $0 0.00%
    $600k-1MM 10 $7,690,000 $769,000 $0 0.00%
    $100,000 or less 3 $245,000 $81,667 $0 0.00%

    2019 saw John Marshall Bank place emphasis on $200k-400k loans with 24 originations, totaling $7,530,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 17 $17,165,000 $1,009,706 $0 0.00%
    $150k-250k 7 $3,315,000 $473,571 $0 0.00%
    $100k-150k 4 $1,560,000 $390,000 $0 0.00%

    John Marshall Bank lent most frequently to those with incomes in the $250k+ range, with 17 originations. The second most popular income band? $150k-250k, with 7 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 86 $58,960,000 $685,581 $0 0.00%

    John Marshall Bank lent most frequently to those with DTI ratios of Exempt%, with 86 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 58 $36,920,000 $636,552 $0 0.00%
    White 20 $17,610,000 $880,500 $0 0.00%
    Not provided 5 $3,455,000 $691,000 $0 0.00%
    Asian 1 $725,000 $725,000 $0 0.00%
    Black 2 $250,000 $125,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    98.24%

    John Marshall Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    93.02%

    John Marshall Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 86 $58,960,000 $685,581

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 6 $17,830,000 $2,971,667
    Single Family (1-4 Units):Site-Built 80 $41,130,000 $514,125

    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 $87,594
    John Marshall Bank 1401 H Street Nw Suite 702 Washington, DC 20005 Full Service B&M $44,936
    John Marshall Bank 14130 Noblewood Plaza, Suite 201 Woodbridge, VA 22193 Full Service B&M $29,546
    John Marshall Bank 1943 Isaac Newton Square East, Suite 100 Reston, VA 20190 Full Service B&M $331,467
    John Marshall Bank 2300 Wilson Boulevard, Suite 120 Arlington, VA 22201 Full Service B&M $325,788
    John Marshall Bank 640 Franklin Street Alexandria, VA 22314 Full Service B&M $199,886
    John Marshall Bank 8229 Boone Boulevard, Suite 102 Tysons, VA 22182 Full Service B&M $77,571
    John Marshall Bank 842 S King St Leesburg, VA 20175 Full Service B&M $169,449

    For 2019, John Marshall Bank had 8 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $68,990
    Net interest income $50,155
    Total noninterest income $1,296
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $300
    Trading account gains and fees $0
    Additional Noninterest Income $996
    Pre-tax net operating income $21,962
    Securities gains (or losses, -) $0
    Income before extraordinary items $17,367
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $17,367
    Minority interest net income $0
    Net income $17,367
    Sale, conversion, retirement of capital stock, net $867
    Net operating income $17,367

    John Marshall Bank's gross interest income from loans was $68,990,000.
    John Marshall Bank's net interest income from loans was $50,155,000.
    John Marshall Bank's fee based income from loans was $300,000.
    John Marshall Bank's net income from loans was $17,367,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $18,835
    Provision for credit losses $1,170
    Total noninterest expense $28,319
    Salaries and employee benefits $17,811
    Premises and equipment expense $3,599
    Additional noninterest expense $6,909
    Applicable income taxes $4,595
    Net charge-offs $145
    Cash dividends $0

    John Marshall Bank's interest expense for loans was $18,835,000.
    John Marshall Bank's payroll and benefits expense were $17,811,000.
    John Marshall Bank's property, plant and equipment expenses $3,599,000.

    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 $1,311,385
    Deposits held in domestic offices $1,311,385
    Deposits by Individuals, partnerships, and corporations $1,112,730
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $171,476
    Deposits by Commercial banks and other depository institutions in U.S. $27,179
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $144,861
    Demand deposits $129,915
    Nontransaction accounts $1,166,524
    Money market deposit accounts (MMDAs) $286,894
    Other savings deposits (excluding MMDAs) $302,123
    Total time deposits $577,508
    Total time and savings deposits $1,181,470
    Noninterest-bearing deposits $276,140
    Interest-bearing deposits $1,035,245
    Retail deposits $932,321
    IRAs and Keogh plan accounts $8,447
    Brokered deposits $125,094
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,580,971
    Cash & Balances due from depository institutions $94,490
    Interest-bearing balances $87,019
    Total securities $122,729
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,314,776
    Loan and leases loss allowance $10,756
    Trading account assets $0
    Bank premises and fixed assets $9,572
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $39,404

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,580,971
    Total Liabilities $1,396,473
    Total deposits $1,311,385
    Interest-bearing deposits $1,035,245
    Deposits held in domestic offices $1,311,385
    % insured (estimated) $59
    Federal funds purchased and repurchase agreements $12,000
    Trading liabilities $0
    Other borrowed funds $69,474
    Subordinated debt $0
    All other liabilities $3,614

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,314,776
    Loan and leases loss allowance $10,756
    Total loans and leases (domestic) $1,325,532
    All real estate loans $1,248,733
    Real estate loans in domestic offices $1,248,733
    Construction and development loans $252,079
    Residential 1-4 family construction $142,022
    Other construction, all land development and other land $110,057
    Loans secured by nonfarm nonresidential properties $728,246
    Nonfarm nonresidential secured by owner-occupied properties $255,249
    Commercial real estate & other non-farm, non-residential $472,997
    Multifamily residential real estate $65,896
    1-4 family residential loans $202,512
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $76,146
    To non-U.S. addressees $0
    Loans to individuals $653
    Credit card loans $0
    Related Plans $273
    Consumer Auto Loans $140
    Other loans to individuals $240
    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 $896
    Non 1-4 family restructured loans & leases $428
    Total loans and leases (foreign) $0

    John Marshall Bank had $1,314,776,000 of loans outstanding in 2019. $1,248,733,000 of loans were in real estate loans. $252,079,000 of loans were in development loans. $65,896,000 of loans were in multifamily mortgage loans. $202,512,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $140,000 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 287 $117,740 $410,244
    Nonfarm, nonresidential loans - <$100k 15 $641 $42,733
    Nonfarm, nonresidential loans - $100-250k 62 $10,105 $162,984
    Nonfarm, nonresidential loans - $250k-1MM 210 $106,994 $509,495
    Commercial & Industrial, US addressed loans - <$1MM 407 $49,807 $122,376
    Commercial & Industrial, US addressed loans - <$100k 150 $3,616 $24,107
    Commercial & Industrial, US addressed loans - $100-250k 117 $10,205 $87,222
    Commercial & Industrial, US addressed loans - $250k-1MM 140 $35,986 $257,043