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, Baltimore, Salisbury, and Harrisonburg 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

    90

    Origination Dollar Volume (All Markets)

    $102,310,000

    Employee count

    138

    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) 84 $98,510,000 $1,172,738 $0 0.00%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $2,010,000 $1,005,000 $0 0.00%
    SALISBURY, MD-DE (FHA|USDA|VA) 1 $995,000 $995,000 $0 0.00%
    Outside of Metro Areas 1 $525,000 $525,000 $0 0.00%
    HARRISONBURG, VA (FHA|USDA|VA) 2 $270,000 $135,000 $0 0.00%
    John Marshall Bank's top markets include Washington, Baltimore, Salisbury, and Harrisonburg among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 90 $102,310,000 $1,136,778 $0 0.00%

    For 2021, John Marshall Bank's most frequently originated type of loan was Conventional, with 90 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 43 $31,425,000 $730,814 $0 0.00%
    Refi 42 $52,150,000 $1,241,667 $0 0.00%
    Home Improvement 3 $18,365,000 $6,121,667 $0 0.00%
    Other 2 $370,000 $185,000 $0 0.00%

    For 2021, John Marshall Bank's most frequently cited loan purpose was Home Purchase, with 43 originations. The 2nd most popular reason was Refi, with 42 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 90 $102,310,000 $1,136,778 $0 0.00%

    For 2021, John Marshall Bank's most frequently cited loan duration was Other, with 90 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 33 $76,415,000 $2,315,606 $0 0.00%
    $200k-400k 18 $4,940,000 $274,444 $0 0.00%
    $600k-1MM 16 $12,920,000 $807,500 $0 0.00%
    $400k-600k 14 $6,870,000 $490,714 $0 0.00%
    $100k-200k 7 $1,055,000 $150,714 $0 0.00%
    $100,000 or less 2 $110,000 $55,000 $0 0.00%

    2021 saw John Marshall Bank place emphasis on $1MM+ loans with 33 originations, totaling $76,415,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 30 $35,160,000 $1,172,000 $0 0.00%
    $150k-250k 7 $3,745,000 $535,000 $0 0.00%
    $75k-100k 3 $805,000 $268,333 $0 0.00%
    $100k-150k 2 $620,000 $310,000 $0 0.00%
    $50k or less 2 $270,000 $135,000 $0 0.00%

    John Marshall Bank lent most frequently to those with incomes in the $250k+ range, with 30 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% 90 $102,310,000 $1,136,778 $0 0.00%

    John Marshall Bank lent most frequently to those with DTI ratios of Exempt%, with 90 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 46 $61,710,000 $1,341,522 $0 0.00%
    White 34 $35,990,000 $1,058,529 $0 0.00%
    Not provided 4 $2,820,000 $705,000 $0 0.00%
    Asian 3 $1,065,000 $355,000 $0 0.00%
    Other Asian 1 $455,000 $455,000 $0 0.00%
    American Indian 2 $270,000 $135,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    97.14%

    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
    96.67%

    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 90 $102,310,000 $1,136,778

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    90 $102,310,000 $1,136,778

    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 $105,110
    John Marshall Bank 12701 Marblestone Dr, Ste 150 Woodbridge, VA 22192 Full Service B&M $126,112
    John Marshall Bank 1401 H Street Nw Suite 702 Washington, DC 20005 Full Service B&M $79,371
    John Marshall Bank 1943 Isaac Newton Square East, Suite 100 Reston, VA 20190 Full Service B&M $530,709
    John Marshall Bank 2300 Wilson Boulevard, Suite 120 Arlington, VA 22201 Full Service B&M $340,775
    John Marshall Bank 640 Franklin Street Alexandria, VA 22314 Full Service B&M $266,694
    John Marshall Bank 8229 Boone Boulevard, Suite 102 Tysons, VA 22182 Full Service B&M $139,466
    John Marshall Bank 842 S King St Leesburg, VA 20175 Full Service B&M $228,695

    For 2021, John Marshall Bank had 8 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $74,119
    Net interest income $67,394
    Total noninterest income $1,515
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $544
    Trading account gains and fees $0
    Additional Noninterest Income $971
    Pre-tax net operating income $34,849
    Securities gains (or losses, -) $10
    Income before extraordinary items $27,514
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $27,514
    Minority interest net income $0
    Net income $27,514
    Sale, conversion, retirement of capital stock, net $559
    Net operating income $27,506

    John Marshall Bank's gross interest income from loans was $74,119,000.
    John Marshall Bank's net interest income from loans was $67,394,000.
    John Marshall Bank's fee based income from loans was $544,000.
    John Marshall Bank's net income from loans was $27,514,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $6,725
    Provision for credit losses $3,105
    Total noninterest expense $30,955
    Salaries and employee benefits $19,453
    Premises and equipment expense $3,421
    Additional noninterest expense $8,081
    Applicable income taxes $7,345
    Net charge-offs $90
    Cash dividends $0

    John Marshall Bank's interest expense for loans was $6,725,000.
    John Marshall Bank's payroll and benefits expense were $19,453,000.
    John Marshall Bank's property, plant and equipment expenses $3,421,000.

    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 $1,883,144
    Deposits held in domestic offices $1,883,144
    Deposits by Individuals, partnerships, and corporations $1,630,933
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $217,397
    Deposits by Commercial banks and other depository institutions in U.S. $34,814
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $245,686
    Demand deposits $226,496
    Nontransaction accounts $1,637,458
    Money market deposit accounts (MMDAs) $366,306
    Other savings deposits (excluding MMDAs) $613,712
    Total time deposits $657,439
    Total time and savings deposits $1,656,648
    Noninterest-bearing deposits $490,429
    Interest-bearing deposits $1,392,715
    Retail deposits $1,415,941
    IRAs and Keogh plan accounts $7,006
    Brokered deposits $217,748
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,147,194
    Cash & Balances due from depository institutions $105,799
    Interest-bearing balances $102,879
    Total securities $344,809
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,646,437
    Loan and leases loss allowance $20,032
    Trading account assets $0
    Bank premises and fixed assets $6,533
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $43,616

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,147,194
    Total Liabilities $1,915,136
    Total deposits $1,883,144
    Interest-bearing deposits $1,392,715
    Deposits held in domestic offices $1,883,144
    % insured (estimated) $54
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $18,000
    Subordinated debt $0
    All other liabilities $13,992

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,646,437
    Loan and leases loss allowance $20,032
    Total loans and leases (domestic) $1,666,469
    All real estate loans $1,544,541
    Real estate loans in domestic offices $1,544,541
    Construction and development loans $230,509
    Residential 1-4 family construction $112,545
    Other construction, all land development and other land $117,964
    Loans secured by nonfarm nonresidential properties $867,890
    Nonfarm nonresidential secured by owner-occupied properties $345,886
    Commercial real estate & other non-farm, non-residential $522,004
    Multifamily residential real estate $99,899
    1-4 family residential loans $346,243
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $121,296
    To non-U.S. addressees $0
    Loans to individuals $632
    Credit card loans $0
    Related Plans $106
    Consumer Auto Loans $50
    Other loans to individuals $476
    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 $435
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    John Marshall Bank had $1,646,437,000 of loans outstanding in 2021. $1,544,541,000 of loans were in real estate loans. $230,509,000 of loans were in development loans. $99,899,000 of loans were in multifamily mortgage loans. $346,243,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $50,000 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 302 $126,085 $417,500
    Nonfarm, nonresidential loans - <$100k 14 $739 $52,786
    Nonfarm, nonresidential loans - $100-250k 56 $8,029 $143,375
    Nonfarm, nonresidential loans - $250k-1MM 232 $117,317 $505,677
    Commercial & Industrial, US addressed loans - <$1MM 709 $97,122 $136,984
    Commercial & Industrial, US addressed loans - <$100k 267 $9,353 $35,030
    Commercial & Industrial, US addressed loans - $100-250k 215 $25,051 $116,516
    Commercial & Industrial, US addressed loans - $250k-1MM 227 $62,718 $276,291