The Missouri Bank Mortgage Rates, Fees & Info

Warrenton, MO

LEI: 549300FS4TWJ50ESLB05

Tax ID: 43-0573160

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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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

    The Missouri Bank is a smaller bank specializing in Home Purchase and Refi loans. The Missouri Bank has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Columbia, Sedalia, Kansas City, and Jefferson City among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Missouri 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    Originations

    86

    Origination Dollar Volume (All Markets)

    $13,080,000

    Employee count

    73

    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
    ST. LOUIS, MO-IL (FHA|USDA|VA) 30 $4,840,000 $161,333 $0 0.00%
    COLUMBIA, MO (FHA|USDA|VA) 14 $3,900,000 $278,571 $0 0.00%
    Sedalia, MO (FHA|USDA|VA) 29 $2,695,000 $92,931 $0 0.00%
    Outside of Metro Areas 9 $1,465,000 $162,778 $0 0.00%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
    JEFFERSON CITY, MO (FHA|USDA|VA) 1 $45,000 $45,000 $0 0.00%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $35,000 $35,000 $0 0.00%
    Moberly, MO (FHA|USDA|VA) 1 $25,000 $25,000 $0 0.00%
    The Missouri Bank's top markets include St. Louis, Columbia, Sedalia, Kansas City, and Jefferson City among others.

    Their top states include:
  • Missouri (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 86 $13,080,000 $152,093 $0 0.00%

    For 2020, The Missouri 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 50 $9,080,000 $181,600 $0 0.00%
    Refi 24 $3,340,000 $139,167 $0 0.00%
    Home Improvement 6 $300,000 $50,000 $0 0.00%
    Other 6 $360,000 $60,000 $0 0.00%

    For 2020, The Missouri Bank's most frequently cited loan purpose was Home Purchase, with 50 originations. The 2nd most popular reason was Refi, with 24 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 86 $13,080,000 $152,093 $0 0.00%

    For 2020, The Missouri 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
    $100,000 or less 41 $2,235,000 $54,512 $0 0.00%
    $100k-200k 24 $3,280,000 $136,667 $0 0.00%
    $200k-400k 16 $4,110,000 $256,875 $0 0.00%
    $400k-600k 3 $1,455,000 $485,000 $0 0.00%
    $1MM+ 1 $1,245,000 $1,245,000 $0 0.00%
    $600k-1MM 1 $755,000 $755,000 $0 0.00%

    2020 saw The Missouri Bank place emphasis on $100,000 or less loans with 41 originations, totaling $2,235,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 13 $865,000 $66,538 $0 0.00%
    $50k-75k 12 $1,330,000 $110,833 $0 0.00%
    $100k-150k 10 $1,640,000 $164,000 $0 0.00%
    $150k-250k 8 $1,510,000 $188,750 $0 0.00%
    $75k-100k 8 $960,000 $120,000 $0 0.00%
    $250k+ 6 $1,260,000 $210,000 $0 0.00%

    The Missouri Bank lent most frequently to those with incomes in the $50k or less range, with 13 originations. The second most popular income band? $50k-75k, with 12 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 86 $13,080,000 $152,093 $0 0.00%

    The Missouri 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
    White 56 $7,340,000 $131,071 $0 0.00%
    Not applicable 29 $5,515,000 $190,172 $0 0.00%
    Asian 1 $225,000 $225,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    97.80%

    The Missouri 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
    96.51%

    The Missouri 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 86 $13,080,000 $152,093

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 3 $2,145,000 $715,000
    Single Family (1-4 Units):Manufactured 6 $740,000 $123,333
    Single Family (1-4 Units):Site-Built 77 $10,195,000 $132,403

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The Missouri Bank 103 W Washington Smithton, MO 65350 Limited, Drive-thru $8,741
    The Missouri Bank 104 North Highway 47 Warrenton, MO 63383 Full Service B&M $122,847
    The Missouri Bank 1145 West Pearce Boulevard Wentzville, MO 63385 Full Service B&M $46,921
    The Missouri Bank 1601 S Limit Ave Sedalia, MO 65301 Full Service B&M $78,673
    The Missouri Bank 2500 Range Line Road Columbia, MO 65202 Full Service B&M $5,243
    The Missouri Bank 3214 South Service Road Foristell, MO 63348 Full Service B&M $18,352
    The Missouri Bank 3320 Bluff Creek Drive, Suite 107 Columbia, MO 65201 Full Service B&M $244
    The Missouri Bank 501 Market Street Hermann, MO 65041 Full Service B&M $31,784

    For 2020, The Missouri Bank had 8 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $13,621
    Net interest income $11,829
    Total noninterest income $995
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $330
    Trading account gains and fees $0
    Additional Noninterest Income $665
    Pre-tax net operating income $5,365
    Securities gains (or losses, -) $0
    Income before extraordinary items $5,425
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $5,425
    Minority interest net income $0
    Net income $5,425
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $5,425

    The Missouri Bank's gross interest income from loans was $13,621,000.
    The Missouri Bank's net interest income from loans was $11,829,000.
    The Missouri Bank's fee based income from loans was $330,000.
    The Missouri Bank's net income from loans was $5,425,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,792
    Provision for credit losses $-4
    Total noninterest expense $7,463
    Salaries and employee benefits $4,279
    Premises and equipment expense $1,282
    Additional noninterest expense $1,902
    Applicable income taxes $-60
    Net charge-offs $28
    Cash dividends $2,448

    The Missouri Bank's interest expense for loans was $1,792,000.
    The Missouri Bank's payroll and benefits expense were $4,279,000.
    The Missouri Bank's property, plant and equipment expenses $1,282,000.

    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 $349,069
    Deposits held in domestic offices $349,069
    Deposits by Individuals, partnerships, and corporations $301,190
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $47,879
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $167,367
    Demand deposits $100,494
    Nontransaction accounts $181,702
    Money market deposit accounts (MMDAs) $74,188
    Other savings deposits (excluding MMDAs) $38,476
    Total time deposits $69,038
    Total time and savings deposits $248,575
    Noninterest-bearing deposits $100,494
    Interest-bearing deposits $248,575
    Retail deposits $341,294
    IRAs and Keogh plan accounts $11,668
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $402,420
    Cash & Balances due from depository institutions $86,083
    Interest-bearing balances $73,750
    Total securities $78,596
    Federal funds sold & reverse repurchase $0
    Net loans and leases $217,960
    Loan and leases loss allowance $3,334
    Trading account assets $0
    Bank premises and fixed assets $6,099
    Other real estate owned $69
    Goodwill and other intangibles $0
    All other assets $13,613

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $402,420
    Total Liabilities $358,628
    Total deposits $349,069
    Interest-bearing deposits $248,575
    Deposits held in domestic offices $349,069
    % insured (estimated) $76
    Federal funds purchased and repurchase agreements $7,078
    Trading liabilities $0
    Other borrowed funds $2,115
    Subordinated debt $0
    All other liabilities $366

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $217,960
    Loan and leases loss allowance $3,334
    Total loans and leases (domestic) $221,294
    All real estate loans $200,835
    Real estate loans in domestic offices $200,835
    Construction and development loans $34,234
    Residential 1-4 family construction $10,902
    Other construction, all land development and other land $23,332
    Loans secured by nonfarm nonresidential properties $63,034
    Nonfarm nonresidential secured by owner-occupied properties $16,397
    Commercial real estate & other non-farm, non-residential $46,637
    Multifamily residential real estate $1,294
    1-4 family residential loans $75,587
    Farmland loans $26,686
    Loans held in foreign offices $0
    Farm loans $289
    Commercial and industrial loans $11,244
    To non-U.S. addressees $0
    Loans to individuals $3,471
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $592
    Other loans to individuals $2,879
    All other loans & leases $5,455
    Loans to foreign governments and official institutions $0
    Other loans $5,455
    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 $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    The Missouri Bank had $217,960,000 of loans outstanding in 2020. $200,835,000 of loans were in real estate loans. $34,234,000 of loans were in development loans. $1,294,000 of loans were in multifamily mortgage loans. $75,587,000 of loans were in 1-4 family mortgage loans. $289,000 of loans were in farm loans. $0 of loans were in credit card loans. $592,000 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 125 $21,669 $173,352
    Nonfarm, nonresidential loans - <$100k 35 $1,218 $34,800
    Nonfarm, nonresidential loans - $100-250k 44 $4,715 $107,159
    Nonfarm, nonresidential loans - $250k-1MM 46 $15,736 $342,087
    Commercial & Industrial, US addressed loans - <$1MM 233 $9,207 $39,515
    Commercial & Industrial, US addressed loans - <$100k 196 $4,188 $21,367
    Commercial & Industrial, US addressed loans - $100-250k 27 $2,747 $101,741
    Commercial & Industrial, US addressed loans - $250k-1MM 10 $2,272 $227,200
    Farmland loans - <$1MM 55 $8,380 $152,364
    Farmland loans - <$100k 18 $697 $38,722
    Farmland loans - $100-250k 17 $2,380 $140,000
    Farmland loans - $250k-1MM 20 $5,303 $265,150
    Agriculture operations loans - <$1MM 22 $289 $13,136
    Agriculture operations loans - <$100k 22 $289 $13,136