Riverview Community Bank Mortgage Rates, Fees & Info

Vancouver, WA

LEI: 549300JPVHG8M0ADBX36

Tax ID: 91-1609689

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

Jump to:

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, Albany, and Bend among others. We have data for 5 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.

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

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    57

    Origination Dollar Volume (All Markets)

    $17,435,000

    Employee count

    256

    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) 42 $13,590,000 $323,571 $0 0.00%
    Outside of Metro Areas 9 $1,645,000 $182,778 $0 0.00%
    LONGVIEW, WA (FHA|USDA|VA) 4 $1,240,000 $310,000 $0 0.00%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $615,000 $615,000 $0 0.00%
    BEND, OR (FHA|USDA|VA) 1 $345,000 $345,000 $0 0.00%
    Riverview Community Bank's top markets include Portland, Longview, Albany, and Bend 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 57 $17,435,000 $305,877 $0 0.00%

    For 2019, Riverview Community Bank's most frequently originated type of loan was Conventional, with 57 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 21 $7,825,000 $372,619 $0 0.00%
    Cash Out Refi 18 $6,370,000 $353,889 $0 0.00%
    Refi 12 $2,830,000 $235,833 $0 0.00%
    Home Improvement 4 $230,000 $57,500 $0 0.00%
    Other 2 $180,000 $90,000 $0 0.00%

    For 2019, Riverview Community Bank's most frequently cited loan purpose was Home Purchase, with 21 originations. The 2nd most popular reason was Cash Out Refi, with 18 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 57 $17,435,000 $305,877 $0 0.00%

    For 2019, Riverview Community Bank's most frequently cited loan duration was Other, with 57 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 22 $5,840,000 $265,455 $0 0.00%
    $100k-200k 16 $2,410,000 $150,625 $0 0.00%
    $100,000 or less 6 $380,000 $63,333 $0 0.00%
    $400k-600k 6 $2,940,000 $490,000 $0 0.00%
    $600k-1MM 6 $4,300,000 $716,667 $0 0.00%
    $1MM+ 1 $1,565,000 $1,565,000 $0 0.00%

    2019 saw Riverview Community Bank place emphasis on $200k-400k loans with 22 originations, totaling $5,840,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 13 $2,465,000 $189,615 $0 0.00%
    $75k-100k 11 $2,575,000 $234,091 $0 0.00%
    $100k-150k 8 $2,230,000 $278,750 $0 0.00%
    $150k-250k 7 $2,795,000 $399,286 $0 0.00%
    $250k+ 7 $5,535,000 $790,714 $0 0.00%
    $50k or less 6 $770,000 $128,333 $0 0.00%

    Riverview Community Bank lent most frequently to those with incomes in the $50k-75k range, with 13 originations. The second most popular income band? $75k-100k, with 11 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 57 $17,435,000 $305,877 $0 0.00%

    Riverview Community Bank lent most frequently to those with DTI ratios of Exempt%, with 57 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 49 $14,345,000 $292,755 $0 0.00%
    Not provided 4 $2,040,000 $510,000 $0 0.00%
    Asian 2 $850,000 $425,000 $0 0.00%
    Not applicable 2 $200,000 $100,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    83.89%

    Riverview Community Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    24.56%

    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 57 $17,435,000 $305,877

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $615,000 $615,000
    Multifamily:Site-Built 2 $200,000 $100,000
    Single Family (1-4 Units):Manufactured 3 $615,000 $205,000
    Single Family (1-4 Units):Site-Built 51 $16,005,000 $313,824

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Riverview Community Bank 10401 Ne Halsey St Portland, OR 97220 Full Service B&M $45,425
    Riverview Community Bank 112 Main Street Aumsville, OR 97325 Full Service B&M $24,627
    Riverview Community Bank 11505-K Ne Fourth Plain Blvd Vancouver, WA 98662 Full Service B&M $55,365
    Riverview Community Bank 1220 Ne 88th St Vancouver, WA 98665 Full Service B&M $64,468
    Riverview Community Bank 15 Nw 13th Avenue Battle Ground, WA 98604 Full Service B&M $81,832
    Riverview Community Bank 1901-E Ne 162nd Avenue Vancouver, WA 98684 Full Service B&M $31,109
    Riverview Community Bank 225 Ne Burnside Gresham, OR 97030 Full Service B&M $83,474
    Riverview Community Bank 225 Sw 2nd St Stevenson, WA 98648 Full Service B&M $41,228
    Riverview Community Bank 320 Se 192nd Avenue Vancouver, WA 98683 Full Service B&M $38,606
    Riverview Community Bank 330 East Jewett Boulevard White Salmon, WA 98672 Full Service B&M $72,715
    Riverview Community Bank 3307 Evergreen Way Suite 1 Washougal, WA 98671 Full Service B&M $57,733
    Riverview Community Bank 412 South Columbus Goldendale, WA 98620 Full Service B&M $30,085
    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 $55,027
    Riverview Community Bank 7447 Sw Nyberg St. Tualatin, OR 97062 Full Service B&M $13,642
    Riverview Community Bank 800 Ne Tenney Rd #d Vancouver, WA 98685 Full Service B&M $68,206
    Riverview Community Bank 900 Washington, Suite 100 Vancouver, WA 98660 Full Service B&M $114,131
    Riverview Community Bank 915 Macarthur Boulevard Vancouver, WA 98661 Full Service B&M $21,882
    Riverview Community Bank 9415 Se Stark Street Portland, OR 97216 Full Service B&M $27,101

    For 2019, Riverview Community Bank had 19 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $51,506
    Net interest income $48,303
    Total noninterest income $12,140
    Gross Fiduciary activities income $4,103
    Service charges on deposit accounts $2,207
    Trading account gains and fees $0
    Additional Noninterest Income $5,830
    Pre-tax net operating income $23,667
    Securities gains (or losses, -) $30
    Income before extraordinary items $18,178
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $18,178
    Minority interest net income $2
    Net income $18,176
    Sale, conversion, retirement of capital stock, net $55
    Net operating income $18,154

    Riverview Community Bank's gross interest income from loans was $51,506,000.
    Riverview Community Bank's net interest income from loans was $48,303,000.
    Riverview Community Bank's fee based income from loans was $2,207,000.
    Riverview Community Bank's net income from loans was $18,176,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,203
    Provision for credit losses $0
    Total noninterest expense $36,776
    Salaries and employee benefits $22,839
    Premises and equipment expense $4,330
    Additional noninterest expense $9,607
    Applicable income taxes $5,519
    Net charge-offs $69
    Cash dividends $5,500

    Riverview Community Bank's interest expense for loans was $3,203,000.
    Riverview Community Bank's payroll and benefits expense were $22,839,000.
    Riverview Community Bank's property, plant and equipment expenses $4,330,000.

    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 $997,460
    Deposits held in domestic offices $997,460
    Deposits by Individuals, partnerships, and corporations $979,580
    Deposits by U.S. Government $1
    Deposits by States and political subdivisions in the U.S. $17,388
    Deposits by Commercial banks and other depository institutions in U.S. $491
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $100,298
    Demand deposits $67,993
    Nontransaction accounts $897,162
    Money market deposit accounts (MMDAs) $183,076
    Other savings deposits (excluding MMDAs) $582,713
    Total time deposits $131,373
    Total time and savings deposits $929,467
    Noninterest-bearing deposits $286,566
    Interest-bearing deposits $710,894
    Retail deposits $963,107
    IRAs and Keogh plan accounts $14,705
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,183,273
    Cash & Balances due from depository institutions $62,372
    Interest-bearing balances $49,030
    Total securities $155,785
    Federal funds sold & reverse repurchase $0
    Net loans and leases $875,101
    Loan and leases loss allowance $11,433
    Trading account assets $0
    Bank premises and fixed assets $20,345
    Other real estate owned $0
    Goodwill and other intangibles $28,090
    All other assets $41,580

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,183,273
    Total Liabilities $1,017,453
    Total deposits $997,460
    Interest-bearing deposits $710,894
    Deposits held in domestic offices $997,460
    % insured (estimated) $82
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $6,797
    Subordinated debt $0
    All other liabilities $13,196

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $875,101
    Loan and leases loss allowance $11,433
    Total loans and leases (domestic) $886,534
    All real estate loans $758,997
    Real estate loans in domestic offices $758,997
    Construction and development loans $113,558
    Residential 1-4 family construction $9,838
    Other construction, all land development and other land $103,720
    Loans secured by nonfarm nonresidential properties $471,963
    Nonfarm nonresidential secured by owner-occupied properties $159,926
    Commercial real estate & other non-farm, non-residential $312,037
    Multifamily residential real estate $57,792
    1-4 family residential loans $113,820
    Farmland loans $1,864
    Loans held in foreign offices $0
    Farm loans $52,422
    Commercial and industrial loans $70,023
    To non-U.S. addressees $0
    Loans to individuals $5,006
    Credit card loans $0
    Related Plans $506
    Consumer Auto Loans $2,752
    Other loans to individuals $1,748
    All other loans & leases $86
    Loans to foreign governments and official institutions $0
    Other loans $86
    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 $4,065
    Non 1-4 family restructured loans & leases $3,652
    Total loans and leases (foreign) $0

    Riverview Community Bank had $875,101,000 of loans outstanding in 2019. $758,997,000 of loans were in real estate loans. $113,558,000 of loans were in development loans. $57,792,000 of loans were in multifamily mortgage loans. $113,820,000 of loans were in 1-4 family mortgage loans. $52,422,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,752,000 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 225 $80,980 $359,911
    Nonfarm, nonresidential loans - <$100k 19 $729 $38,368
    Nonfarm, nonresidential loans - $100-250k 63 $9,196 $145,968
    Nonfarm, nonresidential loans - $250k-1MM 143 $71,055 $496,888
    Commercial & Industrial, US addressed loans - <$1MM 329 $34,932 $106,176
    Commercial & Industrial, US addressed loans - <$100k 140 $3,428 $24,486
    Commercial & Industrial, US addressed loans - $100-250k 102 $8,856 $86,824
    Commercial & Industrial, US addressed loans - $250k-1MM 87 $22,648 $260,322
    Farmland loans - <$1MM 3 $784 $261,333
    Farmland loans - $100-250k 1 $153 $153,000
    Farmland loans - $250k-1MM 2 $631 $315,500
    Agriculture operations loans - <$1MM 78 $19,360 $248,205
    Agriculture operations loans - <$100k 9 $665 $73,889
    Agriculture operations loans - $100-250k 31 $5,100 $164,516
    Agriculture operations loans - $250k-1MM 38 $13,595 $357,763