Mid-missouri Bank Mortgage Rates, Fees & Info
Springfield, MOLEI: 549300D064PXOX5JP483
Tax ID: 44-0393970
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Mortgage Data
Bank Data
Review & Overview
Mid-missouri Bank is a smaller bank specializing in Home Purchase and Refi loans. Mid-missouri Bank has a high proportion of conventional loans. Their top markets by origination volume include: Springfield, Joplin, Sedalia, Lebanon, and Branson among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Mid-missouri 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.
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Originations
271Origination Dollar Volume (All Markets)
$34,145,000Employee count
205Top 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 |
|---|---|---|---|---|---|
| SPRINGFIELD, MO (FHA|USDA|VA) | 103 | $11,535,000 | $111,990 | $0 | 0.00% |
| Outside of Metro Areas | 85 | $9,185,000 | $108,059 | $0 | 0.00% |
| JOPLIN, MO (FHA|USDA|VA) | 55 | $8,645,000 | $157,182 | $0 | 0.00% |
| Sedalia, MO (FHA|USDA|VA) | 1 | $2,305,000 | $2,305,000 | $0 | 0.00% |
| Lebanon, MO (FHA|USDA|VA) | 19 | $1,725,000 | $90,789 | $0 | 0.00% |
| Branson, MO (FHA|USDA|VA) | 5 | $635,000 | $127,000 | $0 | 0.00% |
| Kennett, MO (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
| Miami, OK (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
| Fort Leonard Wood, MO (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 271 | $34,145,000 | $125,996 | $0 | 0.00% |
For 2019, Mid-missouri Bank's most frequently originated type of loan was Conventional, with 271 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 178 | $23,130,000 | $129,944 | $0 | 0.00% |
| Refi | 80 | $10,500,000 | $131,250 | $0 | 0.00% |
| Home Improvement | 13 | $515,000 | $39,615 | $0 | 0.00% |
For 2019, Mid-missouri Bank's most frequently cited loan purpose was Home Purchase, with 178 originations. The 2nd most popular reason was Refi, with 80 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 271 | $34,145,000 | $125,996 | $0 | 0.00% |
For 2019, Mid-missouri Bank's most frequently cited loan duration was Other, with 271 originations.
Loan Sizing
2019 saw Mid-missouri Bank place emphasis on $100,000 or less loans with 169 originations, totaling $9,015,000 in origination value.
Applicant Income
Mid-missouri Bank lent most frequently to those with incomes in the $50k-75k range, with 46 originations. The second most popular income band? $50k or less, with 40 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 271 | $34,145,000 | $125,996 | $0 | 0.00% |
Mid-missouri Bank lent most frequently to those with DTI ratios of Exempt%, with 271 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.95%
Mid-missouri Bank has an average approval rate.
Pick Rate
Approvals leading to origination77.86%
Mid-missouri Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 271 | $34,145,000 | $125,996 |
Occupancy Type Mix
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Mid-Missouri Bank | 100 North Main Webb City, MO 64870 | Full Service B&M | $59,251 |
| Mid-Missouri Bank | 101 Main Street Webb City, MO 64870 | Limited, Drive-thru | $0 |
| Mid-Missouri Bank | 118 West Highway 54 El Dorado Springs, MO 64744 | Full Service B&M | $45,294 |
| Mid-Missouri Bank | 1421 South Madison Webb City, MO 64870 | Limited, Drive-thru | $0 |
| Mid-Missouri Bank | 2230 East 32nd Street Joplin, MO 64804 | Full Service B&M | $25,792 |
| Mid-Missouri Bank | 2275 South Springfield Avenue Bolivar, MO 65613 | Full Service B&M | $83,051 |
| Mid-Missouri Bank | 278 North Jefferson Lebanon, MO 65536 | Full Service B&M | $90,706 |
| Mid-Missouri Bank | 300 E. Mt. Vernon Boulevard Mount Vernon, MO 65712 | Full Service B&M | $84,408 |
| Mid-Missouri Bank | 306 Proctor Road Willard, MO 65781 | Full Service B&M | $19,823 |
| Mid-Missouri Bank | 3435 E. 7th Street Joplin, MO 64801 | Full Service B&M | $9,412 |
| Mid-Missouri Bank | 3546 East Sunshine Springfield, MO 65809 | Full Service B&M | $81,392 |
| Mid-Missouri Bank | 5 Public Square Stockton, MO 65785 | Full Service B&M | $22,849 |
| Mid-Missouri Bank | 5419 S Campbell Ave Springfield, MO 65810 | Full Service B&M | $22,058 |
| Mid-Missouri Bank | 806 E. Hines St. Republic, MO 65738 | Full Service B&M | $37,391 |
For 2019, Mid-missouri Bank had 14 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $28,925 |
| Net interest income | $24,383 |
| Total noninterest income | $7,648 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $1,699 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $5,949 |
| Pre-tax net operating income | $9,660 |
| Securities gains (or losses, -) | $-2 |
| Income before extraordinary items | $7,368 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $7,368 |
| Minority interest net income | $0 |
| Net income | $7,368 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $7,369 |
Mid-missouri Bank's gross interest income from loans was $28,925,000.
Mid-missouri Bank's net interest income from loans was $24,383,000.
Mid-missouri Bank's fee based income from loans was $1,699,000.
Mid-missouri Bank's net income from loans was $7,368,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $4,542 |
| Provision for credit losses | $120 |
| Total noninterest expense | $22,251 |
| Salaries and employee benefits | $14,239 |
| Premises and equipment expense | $3,150 |
| Additional noninterest expense | $4,862 |
| Applicable income taxes | $2,290 |
| Net charge-offs | $136 |
| Cash dividends | $5,000 |
Mid-missouri Bank's interest expense for loans was $4,542,000.
Mid-missouri Bank's payroll and benefits expense were $14,239,000.
Mid-missouri Bank's property, plant and equipment expenses $3,150,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 1.0% |
| Real Estate loans | 1.0% |
| 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 | 0.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $581,145 |
| Deposits held in domestic offices | $581,145 |
| Deposits by Individuals, partnerships, and corporations | $486,194 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $94,703 |
| Deposits by Commercial banks and other depository institutions in U.S. | $249 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $31,095 |
| Demand deposits | $18,340 |
| Nontransaction accounts | $550,051 |
| Money market deposit accounts (MMDAs) | $120,549 |
| Other savings deposits (excluding MMDAs) | $258,893 |
| Total time deposits | $170,609 |
| Total time and savings deposits | $562,806 |
| Noninterest-bearing deposits | $16,222 |
| Interest-bearing deposits | $564,923 |
| Retail deposits | $507,933 |
| IRAs and Keogh plan accounts | $16,055 |
| Brokered deposits | $43,118 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $652,355 |
| Cash & Balances due from depository institutions | $77,248 |
| Interest-bearing balances | $68,106 |
| Total securities | $31,268 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $508,745 |
| Loan and leases loss allowance | $5,471 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $29,238 |
| Other real estate owned | $44 |
| Goodwill and other intangibles | $63 |
| All other assets | $5,749 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $652,355 |
| Total Liabilities | $591,449 |
| Total deposits | $581,145 |
| Interest-bearing deposits | $564,923 |
| Deposits held in domestic offices | $581,145 |
| % insured (estimated) | $83 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $9,000 |
| Subordinated debt | $0 |
| All other liabilities | $1,304 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $508,745 |
| Loan and leases loss allowance | $5,471 |
| Total loans and leases (domestic) | $514,216 |
| All real estate loans | $436,964 |
| Real estate loans in domestic offices | $436,964 |
| Construction and development loans | $39,954 |
| Residential 1-4 family construction | $17,719 |
| Other construction, all land development and other land | $22,235 |
| Loans secured by nonfarm nonresidential properties | $142,736 |
| Nonfarm nonresidential secured by owner-occupied properties | $52,991 |
| Commercial real estate & other non-farm, non-residential | $89,745 |
| Multifamily residential real estate | $28,070 |
| 1-4 family residential loans | $139,256 |
| Farmland loans | $86,948 |
| Loans held in foreign offices | $0 |
| Farm loans | $27,561 |
| Commercial and industrial loans | $38,368 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $6,992 |
| Credit card loans | $0 |
| Related Plans | $101 |
| Consumer Auto Loans | $4,844 |
| Other loans to individuals | $2,047 |
| All other loans & leases | $4,331 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $313 |
| 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 | $879 |
| Non 1-4 family restructured loans & leases | $842 |
| Total loans and leases (foreign) | $0 |
Mid-Missouri Bank had $508,745,000 of loans outstanding in 2019. $436,964,000 of loans were in real estate loans. $39,954,000 of loans were in development loans. $28,070,000 of loans were in multifamily mortgage loans. $139,256,000 of loans were in 1-4 family mortgage loans. $27,561,000 of loans were in farm loans. $0 of loans were in credit card loans. $4,844,000 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 | 346 | $65,491 | $189,280 |
| Nonfarm, nonresidential loans - <$100k | 115 | $4,492 | $39,061 |
| Nonfarm, nonresidential loans - $100-250k | 108 | $13,782 | $127,611 |
| Nonfarm, nonresidential loans - $250k-1MM | 123 | $47,217 | $383,878 |
| Commercial & Industrial, US addressed loans - <$1MM | 494 | $25,066 | $50,741 |
| Commercial & Industrial, US addressed loans - <$100k | 388 | $8,353 | $21,528 |
| Commercial & Industrial, US addressed loans - $100-250k | 66 | $6,155 | $93,258 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 40 | $10,558 | $263,950 |
| Farmland loans - <$1MM | 549 | $53,511 | $97,470 |
| Farmland loans - <$100k | 289 | $11,584 | $40,083 |
| Farmland loans - $100-250k | 192 | $24,811 | $129,224 |
| Farmland loans - $250k-1MM | 68 | $17,116 | $251,706 |
| Agriculture operations loans - <$1MM | 770 | $22,360 | $29,039 |
| Agriculture operations loans - <$100k | 705 | $14,090 | $19,986 |
| Agriculture operations loans - $100-250k | 57 | $5,913 | $103,737 |
| Agriculture operations loans - $250k-1MM | 8 | $2,357 | $294,625 |