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 Cash Out Refi and Refi loans. Riverview Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Portland, Hood River, and Salem among others. We have data for 4 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

    43

    Origination Dollar Volume (All Markets)

    $22,345,000

    Employee count

    226

    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) 34 $20,410,000 $600,294 $0 0.00%
    Outside of Metro Areas 7 $1,475,000 $210,714 $0 0.00%
    Hood River, OR (FHA|USDA|VA) 1 $345,000 $345,000 $0 0.00%
    SALEM, OR (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
    Riverview Community Bank's top markets include Portland, Hood River, and Salem 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 43 $22,345,000 $519,651 $0 0.00%

    For 2020, Riverview Community Bank's most frequently originated type of loan was Conventional, with 43 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 18 $5,540,000 $307,778 $0 0.00%
    Home Purchase 11 $4,405,000 $400,455 $0 0.00%
    Refi 10 $8,940,000 $894,000 $0 0.00%
    Home Improvement 4 $3,460,000 $865,000 $0 0.00%

    For 2020, Riverview Community Bank's most frequently cited loan purpose was Cash Out Refi, with 18 originations. The 2nd most popular reason was Home Purchase, with 11 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 43 $22,345,000 $519,651 $0 0.00%

    For 2020, Riverview Community Bank's most frequently cited loan duration was Other, with 43 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 15 $4,255,000 $283,667 $0 0.00%
    $100k-200k 11 $1,745,000 $158,636 $0 0.00%
    $400k-600k 7 $3,505,000 $500,714 $0 0.00%
    $600k-1MM 5 $3,575,000 $715,000 $0 0.00%
    $1MM+ 3 $9,105,000 $3,035,000 $0 0.00%
    $100,000 or less 2 $160,000 $80,000 $0 0.00%

    2020 saw Riverview Community Bank place emphasis on $200k-400k loans with 15 originations, totaling $4,255,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 11 $2,235,000 $203,182 $0 0.00%
    $100k-150k 7 $3,495,000 $499,286 $0 0.00%
    $250k+ 5 $3,295,000 $659,000 $0 0.00%
    $75k-100k 5 $1,495,000 $299,000 $0 0.00%
    $150k-250k 4 $1,510,000 $377,500 $0 0.00%
    $50k or less 1 $85,000 $85,000 $0 0.00%

    Riverview Community Bank lent most frequently to those with incomes in the $50k-75k range, with 11 originations. The second most popular income band? $100k-150k, with 7 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 43 $22,345,000 $519,651 $0 0.00%

    Riverview Community Bank lent most frequently to those with DTI ratios of Exempt%, with 43 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 32 $11,800,000 $368,750 $0 0.00%
    Not applicable 8 $9,870,000 $1,233,750 $0 0.00%
    American Indian 1 $405,000 $405,000 $0 0.00%
    Asian 1 $155,000 $155,000 $0 0.00%
    Not provided 1 $115,000 $115,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    88.51%

    Riverview Community Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    -69.77%

    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 43 $22,345,000 $519,651

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 4 $9,070,000 $2,267,500
    Single Family (1-4 Units):Manufactured 4 $730,000 $182,500
    Single Family (1-4 Units):Site-Built 35 $12,545,000 $358,429

    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 $67,151
    Riverview Community Bank 112 Main Street Aumsville, OR 97325 Full Service B&M $28,718
    Riverview Community Bank 11505-K Ne Fourth Plain Blvd Vancouver, WA 98662 Full Service B&M $71,969
    Riverview Community Bank 1220 Ne 88th St Vancouver, WA 98665 Full Service B&M $68,819
    Riverview Community Bank 15 Nw 13th Avenue Battle Ground, WA 98604 Full Service B&M $105,951
    Riverview Community Bank 1901-E Ne 162nd Avenue Vancouver, WA 98684 Full Service B&M $44,282
    Riverview Community Bank 225 Ne Burnside Gresham, OR 97030 Full Service B&M $105,619
    Riverview Community Bank 225 Sw 2nd St Stevenson, WA 98648 Full Service B&M $52,932
    Riverview Community Bank 320 Se 192nd Avenue Vancouver, WA 98683 Full Service B&M $32,510
    Riverview Community Bank 330 East Jewett Boulevard White Salmon, WA 98672 Full Service B&M $87,480
    Riverview Community Bank 3307 Evergreen Way Suite 1 Washougal, WA 98671 Full Service B&M $67,438
    Riverview Community Bank 412 South Columbus Goldendale, WA 98620 Full Service B&M $34,152
    Riverview Community Bank 450 Ne 3rd Ave Camas, WA 98607 Full Service B&M $65,047
    Riverview Community Bank 5400 Meadows Road Ste 325 Lake Oswego, OR 97035 Limited, Trust Office $0
    Riverview Community Bank 7447 Sw Nyberg St. Tualatin, OR 97062 Full Service B&M $23,173
    Riverview Community Bank 800 Ne Tenney Rd #d Vancouver, WA 98685 Full Service B&M $85,500
    Riverview Community Bank 900 Washington, Suite 100 Vancouver, WA 98660 Full Service B&M $168,184
    Riverview Community Bank 915 Macarthur Boulevard Vancouver, WA 98661 Full Service B&M $23,866
    Riverview Community Bank 9415 Se Stark Street Portland, OR 97216 Full Service B&M $34,364

    For 2020, Riverview Community Bank had 19 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $49,719
    Net interest income $46,494
    Total noninterest income $11,130
    Gross Fiduciary activities income $3,597
    Service charges on deposit accounts $1,769
    Trading account gains and fees $0
    Additional Noninterest Income $5,764
    Pre-tax net operating income $13,915
    Securities gains (or losses, -) $0
    Income before extraordinary items $10,737
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $10,737
    Minority interest net income $11
    Net income $10,726
    Sale, conversion, retirement of capital stock, net $45
    Net operating income $10,737

    Riverview Community Bank's gross interest income from loans was $49,719,000.
    Riverview Community Bank's net interest income from loans was $46,494,000.
    Riverview Community Bank's fee based income from loans was $1,769,000.
    Riverview Community Bank's net income from loans was $10,726,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,225
    Provision for credit losses $7,550
    Total noninterest expense $36,159
    Salaries and employee benefits $22,075
    Premises and equipment expense $4,600
    Additional noninterest expense $9,484
    Applicable income taxes $3,178
    Net charge-offs $-209
    Cash dividends $10,500

    Riverview Community Bank's interest expense for loans was $3,225,000.
    Riverview Community Bank's payroll and benefits expense were $22,075,000.
    Riverview Community Bank's property, plant and equipment expenses $4,600,000.

    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 $1,247,013
    Deposits held in domestic offices $1,247,013
    Deposits by Individuals, partnerships, and corporations $1,225,020
    Deposits by U.S. Government $1
    Deposits by States and political subdivisions in the U.S. $21,495
    Deposits by Commercial banks and other depository institutions in U.S. $497
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $133,998
    Demand deposits $90,799
    Nontransaction accounts $1,113,015
    Money market deposit accounts (MMDAs) $211,129
    Other savings deposits (excluding MMDAs) $774,057
    Total time deposits $127,829
    Total time and savings deposits $1,156,214
    Noninterest-bearing deposits $403,105
    Interest-bearing deposits $843,908
    Retail deposits $1,213,340
    IRAs and Keogh plan accounts $13,829
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,434,905
    Cash & Balances due from depository institutions $236,083
    Interest-bearing balances $220,846
    Total securities $186,644
    Federal funds sold & reverse repurchase $0
    Net loans and leases $912,276
    Loan and leases loss allowance $19,192
    Trading account assets $0
    Bank premises and fixed assets $28,145
    Other real estate owned $0
    Goodwill and other intangibles $27,832
    All other assets $43,925

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,434,905
    Total Liabilities $1,266,077
    Total deposits $1,247,013
    Interest-bearing deposits $843,908
    Deposits held in domestic offices $1,247,013
    % insured (estimated) $83
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $11,549
    Subordinated debt $0
    All other liabilities $7,515

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $912,276
    Loan and leases loss allowance $19,192
    Total loans and leases (domestic) $931,468
    All real estate loans $719,792
    Real estate loans in domestic offices $719,792
    Construction and development loans $39,606
    Residential 1-4 family construction $6,482
    Other construction, all land development and other land $33,124
    Loans secured by nonfarm nonresidential properties $542,581
    Nonfarm nonresidential secured by owner-occupied properties $160,333
    Commercial real estate & other non-farm, non-residential $382,248
    Multifamily residential real estate $42,166
    1-4 family residential loans $92,089
    Farmland loans $3,350
    Loans held in foreign offices $0
    Farm loans $39,577
    Commercial and industrial loans $169,543
    To non-U.S. addressees $0
    Loans to individuals $2,511
    Credit card loans $0
    Related Plans $431
    Consumer Auto Loans $668
    Other loans to individuals $1,412
    All other loans & leases $45
    Loans to foreign governments and official institutions $0
    Other loans $45
    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 $3,743
    Non 1-4 family restructured loans & leases $3,205
    Total loans and leases (foreign) $0

    Riverview Community Bank had $912,276,000 of loans outstanding in 2020. $719,792,000 of loans were in real estate loans. $39,606,000 of loans were in development loans. $42,166,000 of loans were in multifamily mortgage loans. $92,089,000 of loans were in 1-4 family mortgage loans. $39,577,000 of loans were in farm loans. $0 of loans were in credit card loans. $668,000 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 205 $74,261 $362,249
    Nonfarm, nonresidential loans - <$100k 11 $526 $47,818
    Nonfarm, nonresidential loans - $100-250k 54 $8,054 $149,148
    Nonfarm, nonresidential loans - $250k-1MM 140 $65,681 $469,150
    Commercial & Industrial, US addressed loans - <$1MM 956 $88,045 $92,097
    Commercial & Industrial, US addressed loans - <$100k 625 $20,781 $33,250
    Commercial & Industrial, US addressed loans - $100-250k 191 $22,077 $115,586
    Commercial & Industrial, US addressed loans - $250k-1MM 140 $45,187 $322,764
    Farmland loans - <$1MM 4 $1,073 $268,250
    Farmland loans - $100-250k 1 $148 $148,000
    Farmland loans - $250k-1MM 3 $925 $308,333
    Agriculture operations loans - <$1MM 66 $15,228 $230,727
    Agriculture operations loans - <$100k 10 $757 $75,700
    Agriculture operations loans - $100-250k 25 $3,946 $157,840
    Agriculture operations loans - $250k-1MM 31 $10,525 $339,516