Riverview Community Bank Mortgage Rates, Fees & Info

Vancouver, WA

LEI: 549300JPVHG8M0ADBX36

Tax ID: 91-1609689

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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

    Riverview Community Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Riverview Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Portland, Longview, Centralia, Salem, and The Dalles among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Riverview Community 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.

    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

    88

    Origination Dollar Volume (All Markets)

    $36,290,000

    Employee count

    253

    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
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 67 $31,055,000 $463,507 $0 0.00%
    Outside of Metro Areas 10 $2,140,000 $214,000 $0 0.00%
    LONGVIEW, WA (FHA|USDA|VA) 4 $1,410,000 $352,500 $0 0.00%
    Centralia, WA (FHA|USDA|VA) 1 $975,000 $975,000 $0 0.00%
    SALEM, OR (FHA|USDA|VA) 3 $335,000 $111,667 $0 0.00%
    The Dalles, OR (FHA|USDA|VA) 1 $185,000 $185,000 $0 0.00%
    Newport, OR (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
    Aberdeen, WA (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
    Riverview Community Bank's top markets include Portland, Longview, Centralia, Salem, and The Dalles among others.

    Their top states include:
  • Washington (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 88 $36,290,000 $412,386 $0 0.00%

    For 2018, Riverview Community Bank's most frequently originated type of loan was Conventional, with 88 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 41 $17,835,000 $435,000 $0 0.00%
    Cash Out Refi 33 $11,465,000 $347,424 $0 0.00%
    Refi 7 $5,525,000 $789,286 $0 0.00%
    Other 5 $1,245,000 $249,000 $0 0.00%
    Home Improvement 2 $220,000 $110,000 $0 0.00%

    For 2018, Riverview Community Bank's most frequently cited loan purpose was Home Purchase, with 41 originations. The 2nd most popular reason was Cash Out Refi, with 33 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 88 $36,290,000 $412,386 $0 0.00%

    For 2018, Riverview Community Bank's most frequently cited loan duration was Other, with 88 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 34 $9,490,000 $279,118 $0 0.00%
    $100k-200k 18 $2,840,000 $157,778 $0 0.00%
    $100,000 or less 13 $895,000 $68,846 $0 0.00%
    $400k-600k 10 $4,640,000 $464,000 $0 0.00%
    $600k-1MM 7 $6,035,000 $862,143 $0 0.00%
    $1MM+ 6 $12,390,000 $2,065,000 $0 0.00%

    2018 saw Riverview Community Bank place emphasis on $200k-400k loans with 34 originations, totaling $9,490,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 19 $4,035,000 $212,368 $0 0.00%
    $50k-75k 16 $3,400,000 $212,500 $0 0.00%
    $100k-150k 12 $3,260,000 $271,667 $0 0.00%
    $150k-250k 10 $3,730,000 $373,000 $0 0.00%
    $50k or less 10 $1,520,000 $152,000 $0 0.00%
    $250k+ 7 $6,125,000 $875,000 $0 0.00%

    Riverview Community Bank lent most frequently to those with incomes in the $75k-100k range, with 19 originations. The second most popular income band? $50k-75k, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 88 $36,290,000 $412,386 $0 0.00%

    Riverview Community Bank lent most frequently to those with DTI ratios of Exempt%, with 88 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 66 $19,400,000 $293,939 $0 0.00%
    Not applicable 10 $13,120,000 $1,312,000 $0 0.00%
    Asian 3 $2,095,000 $698,333 $0 0.00%
    Not provided 9 $1,675,000 $186,111 $0 0.00%

    Approval Rates

    Total approvals of all applications
    80.68%

    Riverview Community Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    31.82%

    Riverview Community Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 88 $36,290,000 $412,386

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $955,000 $955,000
    Multifamily:Site-Built 4 $9,080,000 $2,270,000
    Single Family (1-4 Units):Manufactured 4 $770,000 $192,500
    Single Family (1-4 Units):Site-Built 79 $25,485,000 $322,595

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Riverview Community Bank 1011 Washington Way Longview, WA 98632 Full Service B&M $4,868
    Riverview Community Bank 10401 Ne Halsey St Portland, OR 97220 Full Service B&M $48,655
    Riverview Community Bank 112 Main Street Aumsville, OR 97325 Full Service B&M $23,629
    Riverview Community Bank 11505-K Ne Fourth Plain Blvd Vancouver, WA 98662 Full Service B&M $60,233
    Riverview Community Bank 1220 Ne 88th St Vancouver, WA 98665 Full Service B&M $56,787
    Riverview Community Bank 15 Nw 13th Avenue Battle Ground, WA 98604 Full Service B&M $85,974
    Riverview Community Bank 1901-E Ne 162nd Avenue Vancouver, WA 98684 Full Service B&M $30,186
    Riverview Community Bank 225 Ne Burnside Gresham, OR 97030 Full Service B&M $91,520
    Riverview Community Bank 225 Sw 2nd St Stevenson, WA 98648 Full Service B&M $45,324
    Riverview Community Bank 320 Se 192nd Avenue Vancouver, WA 98683 Full Service B&M $44,337
    Riverview Community Bank 330 East Jewett Boulevard White Salmon, WA 98672 Full Service B&M $71,759
    Riverview Community Bank 3307 Evergreen Way Suite 1 Washougal, WA 98671 Full Service B&M $60,061
    Riverview Community Bank 412 South Columbus Goldendale, WA 98620 Full Service B&M $29,756
    Riverview Community Bank 5400 Meadows Road Ste 325 Lake Oswego, OR 97035 Limited, Trust Office $0
    Riverview Community Bank 700 Ne 4th Avenue Suite 100 Camas, WA 98607 Full Service B&M $60,052
    Riverview Community Bank 7447 Sw Nyberg St. Tualatin, OR 97062 Full Service B&M $5,671
    Riverview Community Bank 800 Ne Tenney Rd #d Vancouver, WA 98685 Full Service B&M $75,061
    Riverview Community Bank 900 Washington, Suite 100 Vancouver, WA 98660 Full Service B&M $136,255
    Riverview Community Bank 915 Macarthur Boulevard Vancouver, WA 98661 Full Service B&M $25,593
    Riverview Community Bank 9415 Se Stark Street Portland, OR 97216 Full Service B&M $35,445

    For 2018, Riverview Community Bank had 20 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $49,069
    Net interest income $47,772
    Total noninterest income $11,245
    Gross Fiduciary activities income $3,489
    Service charges on deposit accounts $1,773
    Trading account gains and fees $0
    Additional Noninterest Income $5,983
    Pre-tax net operating income $22,366
    Securities gains (or losses, -) $0
    Income before extraordinary items $16,936
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $16,936
    Minority interest net income $0
    Net income $16,936
    Sale, conversion, retirement of capital stock, net $121
    Net operating income $16,936

    Riverview Community Bank's gross interest income from loans was $49,069,000.
    Riverview Community Bank's net interest income from loans was $47,772,000.
    Riverview Community Bank's fee based income from loans was $1,773,000.
    Riverview Community Bank's net income from loans was $16,936,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,297
    Provision for credit losses $50
    Total noninterest expense $36,601
    Salaries and employee benefits $22,391
    Premises and equipment expense $4,387
    Additional noninterest expense $9,823
    Applicable income taxes $5,430
    Net charge-offs $-585
    Cash dividends $2,000

    Riverview Community Bank's interest expense for loans was $1,297,000.
    Riverview Community Bank's payroll and benefits expense were $22,391,000.
    Riverview Community Bank's property, plant and equipment expenses $4,387,000.

    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 $949,708
    Deposits held in domestic offices $949,708
    Deposits by Individuals, partnerships, and corporations $938,105
    Deposits by U.S. Government $1
    Deposits by States and political subdivisions in the U.S. $10,866
    Deposits by Commercial banks and other depository institutions in U.S. $736
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $96,437
    Demand deposits $62,899
    Nontransaction accounts $853,271
    Money market deposit accounts (MMDAs) $242,081
    Other savings deposits (excluding MMDAs) $515,380
    Total time deposits $95,810
    Total time and savings deposits $886,809
    Noninterest-bearing deposits $291,097
    Interest-bearing deposits $658,611
    Retail deposits $938,716
    IRAs and Keogh plan accounts $18,059
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,150,040
    Cash & Balances due from depository institutions $24,141
    Interest-bearing balances $5,388
    Total securities $182,316
    Federal funds sold & reverse repurchase $0
    Net loans and leases $857,135
    Loan and leases loss allowance $11,502
    Trading account assets $0
    Bank premises and fixed assets $14,940
    Other real estate owned $0
    Goodwill and other intangibles $28,367
    All other assets $43,141

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,150,040
    Total Liabilities $1,001,207
    Total deposits $949,708
    Interest-bearing deposits $658,611
    Deposits held in domestic offices $949,708
    % insured (estimated) $87
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $36,953
    Subordinated debt $0
    All other liabilities $14,546

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $857,135
    Loan and leases loss allowance $11,502
    Total loans and leases (domestic) $868,637
    All real estate loans $754,522
    Real estate loans in domestic offices $754,522
    Construction and development loans $104,974
    Residential 1-4 family construction $18,321
    Other construction, all land development and other land $86,653
    Loans secured by nonfarm nonresidential properties $472,700
    Nonfarm nonresidential secured by owner-occupied properties $165,629
    Commercial real estate & other non-farm, non-residential $307,071
    Multifamily residential real estate $54,930
    1-4 family residential loans $120,238
    Farmland loans $1,680
    Loans held in foreign offices $0
    Farm loans $46,437
    Commercial and industrial loans $57,844
    To non-U.S. addressees $0
    Loans to individuals $9,676
    Credit card loans $0
    Related Plans $465
    Consumer Auto Loans $7,515
    Other loans to individuals $1,696
    All other loans & leases $158
    Loans to foreign governments and official institutions $0
    Other loans $158
    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 $4,453
    Non 1-4 family restructured loans & leases $3,748
    Total loans and leases (foreign) $0

    Riverview Community Bank had $857,135,000 of loans outstanding in 2018. $754,522,000 of loans were in real estate loans. $104,974,000 of loans were in development loans. $54,930,000 of loans were in multifamily mortgage loans. $120,238,000 of loans were in 1-4 family mortgage loans. $46,437,000 of loans were in farm loans. $0 of loans were in credit card loans. $7,515,000 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 251 $87,166 $347,275
    Nonfarm, nonresidential loans - <$100k 23 $1,022 $44,435
    Nonfarm, nonresidential loans - $100-250k 66 $9,533 $144,439
    Nonfarm, nonresidential loans - $250k-1MM 162 $76,611 $472,907
    Commercial & Industrial, US addressed loans - <$1MM 363 $35,378 $97,460
    Commercial & Industrial, US addressed loans - <$100k 160 $2,961 $18,506
    Commercial & Industrial, US addressed loans - $100-250k 110 $9,573 $87,027
    Commercial & Industrial, US addressed loans - $250k-1MM 93 $22,844 $245,634
    Farmland loans - <$1MM 3 $583 $194,333
    Farmland loans - $100-250k 2 $278 $139,000
    Farmland loans - $250k-1MM 1 $305 $305,000
    Agriculture operations loans - <$1MM 58 $14,779 $254,810
    Agriculture operations loans - <$100k 6 $467 $77,833
    Agriculture operations loans - $100-250k 23 $3,815 $165,870
    Agriculture operations loans - $250k-1MM 29 $10,497 $361,966