Intrust Bank Mortgage Rates, Fees & Info

Wichita, KS

LEI: 549300IXP5DNWSGY6F96

Tax ID: 48-0477525

5 stars - out of 5 stars, based on 28 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Intrust Bank is a smaller bank specializing in Home Purchase and Refi loans. Intrust Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets include Wichita, Oklahoma City, Kansas City, Manhattan, and Fayetteville among others. Intrust Bank has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Intrust Bank is typically a low fee lendor.


Originations

771

Origination Dollar Volume (All Markets)

$149,115,000

Employee count

795 Show all (5) awards

Relative Rate

Intrust Bank's average 30 year fixed rate mortgage of loans were 2.91%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.24%.

Relative Fees

Intrust Bank's average total fees for a 30 year fixed rate mortgage are $1,950.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
WICHITA, KS (FHA|USDA|VA) 578 $92,130,000 $159,394 $1,577 3.49%
OKLAHOMA CITY, OK (FHA|USDA|VA) 24 $14,680,000 $611,667 $2,970 3.32%
KANSAS CITY, MO-KS (FHA|USDA|VA) 52 $12,420,000 $238,846 $1,452 3.61%
Outside of Metro Areas 20 $8,410,000 $420,500 $1,880 3.69%
MANHATTAN, KS (FHA|USDA|VA) 23 $4,625,000 $201,087 $1,437 3.62%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 19 $4,505,000 $237,105 $1,925 3.61%
LAWRENCE, KS (FHA|USDA|VA) 22 $2,880,000 $130,909 $1,502 3.48%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $2,270,000 $1,135,000 $0 3.57%
Breckenridge, CO (FHA|USDA|VA) 1 $1,915,000 $1,915,000 $0 3.50%
TOPEKA, KS (FHA|USDA|VA) 11 $1,885,000 $171,364 $1,558 3.99%
Hutchinson, KS (FHA|USDA|VA) 4 $660,000 $165,000 $994 4.16%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $485,000 $485,000 $0 4.25%
GREELEY, CO (FHA|USDA|VA) 1 $455,000 $455,000 $2,723 3.25%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $375,000 $375,000 $0 3.75%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $335,000 $335,000 $0 3.50%
Winfield, KS (FHA|USDA|VA) 3 $295,000 $98,333 $1,069 3.46%
Mountain Home, AR (FHA|USDA|VA) 1 $225,000 $225,000 $1,249 3.00%
Ottawa, KS (FHA|USDA|VA) 1 $195,000 $195,000 $2,010 2.88%
McPherson, KS (FHA|USDA|VA) 2 $180,000 $90,000 $1,709 3.25%
Salina, KS (FHA|USDA|VA) 2 $90,000 $45,000 $0 3.75%
Weatherford, OK (FHA|USDA|VA) 1 $65,000 $65,000 $0 3.85%
Coffeyville, KS (FHA|USDA|VA) 1 $35,000 $35,000 $0 4.50%

Intrust Bank's top markets include Wichita, Oklahoma City, Kansas City, Manhattan, and Fayetteville among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 752 $143,970,000 $191,449 $1,465 3.54%
VA 16 $4,710,000 $294,375 $5,184 2.60%
FHA 3 $435,000 $145,000 $3,362 2.33%

For the 2021 period, Intrust Bank's most frequently originated loan type of loans were Conventional, with 752 originations. Their 2nd most popular type is VA, with 16 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 298 $69,250,000 $232,383 $1,858 3.25%
Refi 222 $55,890,000 $251,757 $1,406 3.65%
Home Improvement 123 $8,745,000 $71,098 $317 3.84%
Other 84 $7,800,000 $92,857 $513 3.89%
Cash Out Refi 44 $7,430,000 $168,864 $2,146 3.00%

For the 2021, Intrust Bank's most frequently cited loan purpose of loans were Home Purchase, with 298 originations. The 2nd most popular reason of loans were Refi, with 222 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
Other 279 $50,755,000 $181,918 $0 3.86%
30 Year 264 $57,250,000 $216,856 $1,950 2.91%
15 Year 86 $11,570,000 $134,535 $1,546 3.23%
5 Year 60 $16,250,000 $270,833 $187 4.17%
10 Year 46 $4,140,000 $90,000 $275 4.13%
1 Year 19 $4,305,000 $226,579 $1,169 4.38%
20 Year 15 $4,275,000 $285,000 $2,162 3.70%
3 Year 2 $570,000 $285,000 $0 4.13%

For the 2021, Intrust Bank's most frequently cited loan length of loans were Other, with 279 originations. The 2nd most popular length of loans were 30 Year, with 264 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 383 $65,085,000 $169,935
$1k-2k 13 $4,145,000 $318,846
$2k-3k 4 $1,310,000 $327,500
$3k-4k 1 $345,000 $345,000

$1,950 of loans were Intrust Bank's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 383 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 381 $72,145,000 $189,357
2.5-3% 229 $46,355,000 $202,424
4-5% 108 $20,330,000 $188,241
<2.5% 39 $7,815,000 $200,385
5-6% 14 $2,470,000 $176,429

During 2021, Intrust Bank's average interest rate of loans were 2.91%, while their most frequently originated rate bucket of loans were 3-4%, with 381 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100,000 or less 330 $17,660,000 $53,515 $874 3.78%
$100k-200k 220 $32,120,000 $146,000 $1,673 3.34%
$200k-400k 165 $44,315,000 $268,576 $2,063 3.19%
$400k-600k 37 $17,825,000 $481,757 $3,161 3.40%
$1MM+ 11 $31,095,000 $2,826,818 $2,295 3.92%
$600k-1MM 8 $6,100,000 $762,500 $3,212 3.94%

2021 saw Intrust Bank place emphasis on $100,000 or less loans with 330 originations, totaling $17,660,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 146 $18,250,000 $125,000 $1,789 3.23%
$100k-150k 125 $19,695,000 $157,560 $1,598 3.41%
$50k or less 110 $9,120,000 $82,909 $1,212 3.41%
$75k-100k 102 $14,620,000 $143,333 $1,599 3.32%
$150k-250k 90 $15,950,000 $177,222 $1,675 3.58%
$250k+ 40 $10,600,000 $265,000 $2,120 3.50%

Intrust Bank lent most frequently to those with incomes in the $50k-75k range, with 146 originations. The second most popular income band? $100k-150k, with 125 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 185 $26,595,000 $143,757 $1,378 3.35%
<20% 141 $16,485,000 $116,915 $1,572 3.51%
30-36% 114 $15,660,000 $137,368 $1,438 3.33%
37% 25 $3,945,000 $157,800 $1,696 3.23%
36% 23 $3,695,000 $160,652 $1,570 3.26%
38% 19 $2,155,000 $113,421 $1,193 3.43%
40% 17 $4,335,000 $255,000 $1,812 3.42%
39% 16 $2,070,000 $129,375 $2,584 3.44%
42% 15 $1,395,000 $93,000 $1,206 3.50%
41% 14 $2,370,000 $169,286 $1,546 3.42%
43% 13 $2,835,000 $218,077 $2,651 2.96%
44% 12 $2,760,000 $230,000 $2,427 3.08%
46% 10 $2,140,000 $214,000 $2,227 3.00%
45% 6 $1,440,000 $240,000 $2,847 2.88%
47% 6 $1,090,000 $181,667 $2,099 2.63%
49% 4 $810,000 $202,500 $3,467 2.72%
48% 3 $545,000 $181,667 $1,378 2.92%

Intrust Bank lent most frequently to those with DTI ratios of 20-30%, with 185 originations. The next most common DTI ratio? <20%, with 141 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 561 $81,725,000 $145,677 $1,613 3.40%
Not applicable 128 $55,970,000 $437,266 $0 4.18%
Not provided 57 $7,765,000 $136,228 $1,663 3.39%
Asian 12 $2,280,000 $190,000 $1,438 2.88%
Black 8 $650,000 $81,250 $1,735 3.39%
American Indian 4 $590,000 $147,500 $3,155 2.88%
Other Pacific Islander 1 $135,000 $135,000 $2,172 3.75%

Approval Rates

Total approvals of all applications
81.06%

Intrust Bank has a below average approval rate.

Pick Rate

Approvals leading to origination
84.74%

Intrust Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 771 $149,115,000 $193,405

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
771 $149,115,000 $193,405

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 132 $15,280,000 $115,758 $772 3.79%
40-60% 106 $15,960,000 $150,566 $1,590 3.42%
60-80% 236 $74,140,000 $314,153 $1,743 3.53%
80-100% 170 $34,040,000 $200,235 $1,786 3.05%
Over 100% 11 $3,985,000 $362,273 $9,610 3.71%
Under 20% 115 $5,555,000 $48,304 $177 3.94%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
INTERFIRST MORTGAGE COMPANY Conventional home mortgage Closing on a mortgage 1 6.3%
INTERFIRST MORTGAGE COMPANY Conventional home mortgage Struggling to pay mortgage 1 6.3%
INTERFIRST MORTGAGE COMPANY Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 10 62.5%
INTERFIRST MORTGAGE COMPANY Other type of mortgage Closing on a mortgage 1 6.3%
INTERFIRST MORTGAGE COMPANY FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 6.3%
INTERFIRST MORTGAGE COMPANY Conventional home mortgage Trouble during payment process 2 12.5%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Intrust Bank, National Association 1544 South Webb Road Wichita, KS 67201 Full Service B&M $239,807
Intrust Bank, National Association 100 South Broadway Moore, OK 73160 Full Service B&M $54,947
Intrust Bank, National Association 3801 North Rock Road Wichita, KS 67226 Full Service B&M $236,591
Intrust Bank, National Association 4000 Somerset Drive Prairie Village, KS 66208 Full Service B&M $88,449
Intrust Bank, National Association 405 South 119th Street West Wichita, KS 67235 Full Service B&M $147,091
Intrust Bank, National Association 4576 Nw 10th St Oklahoma City, OK 73107 Full Service B&M $96,340
Intrust Bank, National Association 500 North Mustang Road Mustang, OK 73064 Full Service B&M $44,616
Intrust Bank, National Association 501 36th Avenue Northwest Norman, OK 73072 Full Service B&M $34,292
Intrust Bank, National Association 544 Columbia Drive Lawrence, KS 66046 Full Service B&M $172,201
Intrust Bank, National Association 630 Humboldt Street Manhattan, KS 66502 Full Service B&M $54,390
Intrust Bank, National Association 7373 East 29th Street North Wichita, KS 67226 Full Service B&M $4,516
Intrust Bank, National Association 7800 East Central Avenue Wichita, KS 67206 Full Service B&M $338,975
Intrust Bank, National Association 8202 East 21st Wichita, KS 67206 Full Service B&M $557,516
Intrust Bank, National Association 8402 Northwest Expressway Oklahoma City, OK 73162 Full Service B&M $30,021
Intrust Bank, National Association 100 South Main Street El Dorado, KS 67042 Full Service B&M $134,450
Intrust Bank, National Association 1010 West 31th Street South Wichita, KS 67217 Full Service B&M $146,065
Intrust Bank, National Association 1035 Topeka Blvd. Sw Topeka, KS 66612 Full Service B&M $76,277
Intrust Bank, National Association 105 North Main Street Wichita, KS 67202 Full Service B&M $1,480,896
Intrust Bank, National Association 107 Wayne Street Haysville, KS 67060 Full Service B&M $95,887
Intrust Bank, National Association 112 West 7th Street Augusta, KS 67010 Full Service B&M $41,618
Intrust Bank, National Association 121 North Washington Street Junction City, KS 66441 Full Service B&M $78,828
Intrust Bank, National Association 128 East Broadway Street Newton, KS 67114 Full Service B&M $162,760
Intrust Bank, National Association 1404 South Kansas Avenue Newton, KS 67114 Full Service B&M $56,551
Intrust Bank, National Association 142 North Ash Street Valley Center, KS 67147 Full Service B&M $117,508
Intrust Bank, National Association 1450 S. Kelley Avenue Edmond, OK 73003 Full Service B&M $58,940
Intrust Bank, National Association 1501 North Rock Road Derby, KS 67037 Full Service B&M $104,409
Intrust Bank, National Association 8601 West Central Avenue Wichita, KS 67212 Full Service B&M $567,485
Intrust Bank, National Association 8682 West 133rd Street Overland Park, KS 66210 Full Service B&M $103,608
Intrust Bank, National Association 901 Vermont Lawrence, KS 66044 Full Service B&M $111,307
Intrust Bank, National Association 1655 Georgetown Wichita, KS 67218 Full Service B&M $1,559
Intrust Bank, National Association 18225 West 106th Street Olathe, KS 66061 Full Service B&M $72,412
Intrust Bank, National Association 19501 West 65th Terrace Shawnee, KS 66226 Full Service B&M $25,840
Intrust Bank, National Association 2005 West 21st Street Wichita, KS 67203 Full Service B&M $199,039
Intrust Bank, National Association 2706 Anderson Manhattan, KS 66502 Full Service B&M $14,975
Intrust Bank, National Association 2723 West Central El Dorado, KS 67042 Full Service B&M $74,963
Intrust Bank, National Association 2735 North Maize Road Wichita, KS 67205 Full Service B&M $196,711
Intrust Bank, National Association 308 West Central Andover, KS 67002 Full Service B&M $133,304
Intrust Bank, National Association 3300 Market Street, Suite 438 Rogers, AR 72758 Full Service B&M $25,301
Intrust Bank, National Association 3433 East Central Street Wichita, KS 67208 Full Service B&M $189,217
Intrust Bank, National Association 347-A N. Old Hwy 81 Hesston, KS 67062 Full Service B&M $12,319

For 2021, Intrust Bank had 40 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $204,193
Net interest income $191,052
Total noninterest income $63,359
Gross Fiduciary activities income $32,126
Service charges on deposit accounts $5,074
Trading account gains and fees $0
Additional Noninterest Income $26,159
Pre-tax net operating income $85,017
Securities gains (or losses, -) $2,050
Income before extraordinary items $67,582
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $67,582
Minority interest net income $0
Net income $67,582
Sale, conversion, retirement of capital stock, net $0
Net operating income $65,962

Intrust Bank's gross interest income from loans was $204,193,000.
Intrust Bank's net interest income from loans was $191,052,000.
Intrust Bank's fee based income from loans was $5,074,000.
Intrust Bank's net income from loans was $67,582,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $13,141
Provision for credit losses $15,000
Total noninterest expense $154,394
Salaries and employee benefits $78,926
Premises and equipment expense $14,478
Additional noninterest expense $60,990
Applicable income taxes $19,485
Net charge-offs $15,464
Cash dividends $0

Intrust Bank's interest expense for loans was $13,141,000.
Intrust Bank's payroll and benefits expense were $78,926,000.
Intrust Bank's property, plant and equipment expenses $14,478,000.

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 $7,171,594
Deposits held in domestic offices $7,171,594
Deposits by Individuals, partnerships, and corporations $6,450,891
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $411,744
Deposits by Commercial banks and other depository institutions in U.S. $308,959
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $3,948,496
Demand deposits $2,996,171
Nontransaction accounts $3,223,098
Money market deposit accounts (MMDAs) $2,437,175
Other savings deposits (excluding MMDAs) $368,430
Total time deposits $417,493
Total time and savings deposits $4,175,423
Noninterest-bearing deposits $2,111,338
Interest-bearing deposits $5,060,256
Retail deposits $6,577,068
IRAs and Keogh plan accounts $89,522
Brokered deposits $400,102
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $8,012,849
Cash & Balances due from depository institutions $1,401,244
Interest-bearing balances $1,324,653
Total securities $2,908,107
Federal funds sold & reverse repurchase $0
Net loans and leases $3,504,055
Loan and leases loss allowance $43,817
Trading account assets $0
Bank premises and fixed assets $61,916
Other real estate owned $0
Goodwill and other intangibles $18,498
All other assets $119,029

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $8,012,849
Total Liabilities $7,481,675
Total deposits $7,171,594
Interest-bearing deposits $5,060,256
Deposits held in domestic offices $7,171,594
% insured (estimated) $49
Federal funds purchased and repurchase agreements $268,630
Trading liabilities $0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $41,451

Issued Loan Types

Type Value (in 000's)
Net loans and leases $3,504,055
Loan and leases loss allowance $43,817
Total loans and leases (domestic) $3,547,872
All real estate loans $1,602,395
Real estate loans in domestic offices $1,602,395
Construction and development loans $187,388
Residential 1-4 family construction $23,218
Other construction, all land development and other land $164,170
Loans secured by nonfarm nonresidential properties $1,092,004
Nonfarm nonresidential secured by owner-occupied properties $367,652
Commercial real estate & other non-farm, non-residential $724,352
Multifamily residential real estate $74,899
1-4 family residential loans $234,888
Farmland loans $13,216
Loans held in foreign offices $0
Farm loans $114,284
Commercial and industrial loans $1,271,837
To non-U.S. addressees $0
Loans to individuals $241,758
Credit card loans $0
Related Plans $18,092
Consumer Auto Loans $64,498
Other loans to individuals $159,168
All other loans & leases $317,598
Loans to foreign governments and official institutions $0
Other loans $192,843
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $12,272
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $84,387
Non 1-4 family restructured loans & leases $83,085
Total loans and leases (foreign) $0

Intrust Bank had $3,504,055,000 of loans outstanding in 2021. $1,602,395,000 of loans were in real estate loans. $187,388,000 of loans were in development loans. $74,899,000 of loans were in multifamily mortgage loans. $234,888,000 of loans were in 1-4 family mortgage loans. $114,284,000 of loans were in farm loans. $0 of loans were in credit card loans. $64,498,000 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 471 $143,404 $304,467
Nonfarm, nonresidential loans - <$100k 117 $5,546 $47,402
Nonfarm, nonresidential loans - $100-250k 125 $20,100 $160,800
Nonfarm, nonresidential loans - $250k-1MM 229 $117,758 $514,227
Commercial & Industrial, US addressed loans - <$1MM 1,294 $136,123 $105,196
Commercial & Industrial, US addressed loans - <$100k 808 $19,465 $24,090
Commercial & Industrial, US addressed loans - $100-250k 205 $26,419 $128,873
Commercial & Industrial, US addressed loans - $250k-1MM 281 $90,239 $321,135
Farmland loans - <$1MM 62 $7,863 $126,823
Farmland loans - <$100k 33 $1,277 $38,697
Farmland loans - $100-250k 12 $1,609 $134,083
Farmland loans - $250k-1MM 17 $4,977 $292,765
Agriculture operations loans - <$1MM 87 $6,211 $71,391
Agriculture operations loans - <$100k 55 $1,276 $23,200
Agriculture operations loans - $100-250k 19 $2,045 $107,632
Agriculture operations loans - $250k-1MM 13 $2,890 $222,308