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, Lebanon, Branson, and Pittsburg among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)Mid-missouri Bank has an above 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
291Origination Dollar Volume (All Markets)
$44,145,000Employee count
201Top 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) | 110 | $19,900,000 | $180,909 | $0 | 0.00% |
| Outside of Metro Areas | 104 | $12,290,000 | $118,173 | $0 | 0.00% |
| JOPLIN, MO (FHA|USDA|VA) | 34 | $6,190,000 | $182,059 | $0 | 0.00% |
| Lebanon, MO (FHA|USDA|VA) | 24 | $2,140,000 | $89,167 | $0 | 0.00% |
| Branson, MO (FHA|USDA|VA) | 9 | $1,905,000 | $211,667 | $0 | 0.00% |
| Pittsburg, KS (FHA|USDA|VA) | 4 | $530,000 | $132,500 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| ROME, GA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Warrensburg, MO (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Prineville, OR (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| West Plains, MO (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 291 | $44,145,000 | $151,701 | $0 | 0.00% |
For 2021, Mid-missouri Bank's most frequently originated type of loan was Conventional, with 291 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 181 | $30,265,000 | $167,210 | $0 | 0.00% |
| Refi | 93 | $12,955,000 | $139,301 | $0 | 0.00% |
| Home Improvement | 17 | $925,000 | $54,412 | $0 | 0.00% |
For 2021, Mid-missouri Bank's most frequently cited loan purpose was Home Purchase, with 181 originations. The 2nd most popular reason was Refi, with 93 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 291 | $44,145,000 | $151,701 | $0 | 0.00% |
For 2021, Mid-missouri Bank's most frequently cited loan duration was Other, with 291 originations.
Loan Sizing
2021 saw Mid-missouri Bank place emphasis on $100,000 or less loans with 136 originations, totaling $8,040,000 in origination value.
Applicant Income
Mid-missouri Bank lent most frequently to those with incomes in the $50k or less range, with 45 originations. The second most popular income band? $75k-100k, with 41 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 291 | $44,145,000 | $151,701 | $0 | 0.00% |
Mid-missouri Bank lent most frequently to those with DTI ratios of Exempt%, with 291 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.38%
Mid-missouri Bank has an average approval rate.
Pick Rate
Approvals leading to origination73.88%
Mid-missouri Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 291 | $44,145,000 | $151,701 |
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 | $66,789 |
| 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 | $56,826 |
| Mid-Missouri Bank | 1421 South Madison Webb City, MO 64870 | Limited, Drive-thru | $0 |
| Mid-Missouri Bank | 1615 E Independence St Springfield, MO 65804 | Full Service B&M | $70,841 |
| Mid-Missouri Bank | 2230 East 32nd Street Joplin, MO 64804 | Full Service B&M | $45,931 |
| Mid-Missouri Bank | 2275 South Springfield Avenue Bolivar, MO 65613 | Full Service B&M | $114,660 |
| Mid-Missouri Bank | 278 North Jefferson Lebanon, MO 65536 | Full Service B&M | $104,497 |
| Mid-Missouri Bank | 300 E. Mt. Vernon Boulevard Mount Vernon, MO 65712 | Full Service B&M | $117,468 |
| Mid-Missouri Bank | 306 Proctor Road Willard, MO 65781 | Full Service B&M | $28,214 |
| Mid-Missouri Bank | 3546 E Sunshine St Springfield, MO 65809 | Full Service B&M | $60,553 |
| Mid-Missouri Bank | 5 Public Square Stockton, MO 65785 | Full Service B&M | $34,003 |
| Mid-Missouri Bank | 5419 S Campbell Ave Springfield, MO 65810 | Full Service B&M | $34,285 |
| Mid-Missouri Bank | 806 E. Hines St. Republic, MO 65738 | Full Service B&M | $51,911 |
For 2021, Mid-missouri Bank had 14 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $29,719 |
| Net interest income | $26,056 |
| Total noninterest income | $9,744 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $1,313 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $8,431 |
| Pre-tax net operating income | $11,201 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $8,490 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $8,490 |
| Minority interest net income | $0 |
| Net income | $8,490 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $8,490 |
Mid-missouri Bank's gross interest income from loans was $29,719,000.
Mid-missouri Bank's net interest income from loans was $26,056,000.
Mid-missouri Bank's fee based income from loans was $1,313,000.
Mid-missouri Bank's net income from loans was $8,490,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $3,663 |
| Provision for credit losses | $300 |
| Total noninterest expense | $24,299 |
| Salaries and employee benefits | $15,538 |
| Premises and equipment expense | $3,063 |
| Additional noninterest expense | $5,698 |
| Applicable income taxes | $2,711 |
| Net charge-offs | $-36 |
| Cash dividends | $2,500 |
Mid-missouri Bank's interest expense for loans was $3,663,000.
Mid-missouri Bank's payroll and benefits expense were $15,538,000.
Mid-missouri Bank's property, plant and equipment expenses $3,063,000.
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 | 1.0% |
| 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 | $797,737 |
| Deposits held in domestic offices | $797,737 |
| Deposits by Individuals, partnerships, and corporations | $700,324 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $95,687 |
| Deposits by Commercial banks and other depository institutions in U.S. | $1,726 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $89,406 |
| Demand deposits | $34,616 |
| Nontransaction accounts | $708,331 |
| Money market deposit accounts (MMDAs) | $185,661 |
| Other savings deposits (excluding MMDAs) | $373,147 |
| Total time deposits | $149,523 |
| Total time and savings deposits | $763,121 |
| Noninterest-bearing deposits | $30,788 |
| Interest-bearing deposits | $766,949 |
| Retail deposits | $720,200 |
| IRAs and Keogh plan accounts | $17,113 |
| Brokered deposits | $54,910 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $873,959 |
| Cash & Balances due from depository institutions | $155,767 |
| Interest-bearing balances | $148,456 |
| Total securities | $142,832 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $536,288 |
| Loan and leases loss allowance | $5,989 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $32,409 |
| Other real estate owned | $553 |
| Goodwill and other intangibles | $33 |
| All other assets | $6,077 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $873,959 |
| Total Liabilities | $803,215 |
| Total deposits | $797,737 |
| Interest-bearing deposits | $766,949 |
| Deposits held in domestic offices | $797,737 |
| % insured (estimated) | $82 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $4,000 |
| Subordinated debt | $0 |
| All other liabilities | $1,478 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $536,288 |
| Loan and leases loss allowance | $5,989 |
| Total loans and leases (domestic) | $542,277 |
| All real estate loans | $467,459 |
| Real estate loans in domestic offices | $467,459 |
| Construction and development loans | $40,009 |
| Residential 1-4 family construction | $16,714 |
| Other construction, all land development and other land | $23,295 |
| Loans secured by nonfarm nonresidential properties | $184,496 |
| Nonfarm nonresidential secured by owner-occupied properties | $54,265 |
| Commercial real estate & other non-farm, non-residential | $130,231 |
| Multifamily residential real estate | $15,741 |
| 1-4 family residential loans | $130,067 |
| Farmland loans | $97,146 |
| Loans held in foreign offices | $0 |
| Farm loans | $24,570 |
| Commercial and industrial loans | $39,826 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $7,357 |
| Credit card loans | $0 |
| Related Plans | $350 |
| Consumer Auto Loans | $5,458 |
| Other loans to individuals | $1,549 |
| All other loans & leases | $3,065 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $155 |
| 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 | $800 |
| Non 1-4 family restructured loans & leases | $745 |
| Total loans and leases (foreign) | $0 |
Mid-Missouri Bank had $536,288,000 of loans outstanding in 2021. $467,459,000 of loans were in real estate loans. $40,009,000 of loans were in development loans. $15,741,000 of loans were in multifamily mortgage loans. $130,067,000 of loans were in 1-4 family mortgage loans. $24,570,000 of loans were in farm loans. $0 of loans were in credit card loans. $5,458,000 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 | 335 | $64,532 | $192,633 |
| Nonfarm, nonresidential loans - <$100k | 102 | $4,257 | $41,735 |
| Nonfarm, nonresidential loans - $100-250k | 110 | $14,487 | $131,700 |
| Nonfarm, nonresidential loans - $250k-1MM | 123 | $45,788 | $372,260 |
| Commercial & Industrial, US addressed loans - <$1MM | 456 | $23,292 | $51,079 |
| Commercial & Industrial, US addressed loans - <$100k | 350 | $8,016 | $22,903 |
| Commercial & Industrial, US addressed loans - $100-250k | 60 | $4,080 | $68,000 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 46 | $11,196 | $243,391 |
| Farmland loans - <$1MM | 550 | $57,746 | $104,993 |
| Farmland loans - <$100k | 263 | $10,531 | $40,042 |
| Farmland loans - $100-250k | 223 | $29,388 | $131,785 |
| Farmland loans - $250k-1MM | 64 | $17,827 | $278,547 |
| Agriculture operations loans - <$1MM | 661 | $19,784 | $29,930 |
| Agriculture operations loans - <$100k | 604 | $12,455 | $20,621 |
| Agriculture operations loans - $100-250k | 44 | $4,287 | $97,432 |
| Agriculture operations loans - $250k-1MM | 13 | $3,042 | $234,000 |