Ynb Mortgage Rates, Fees & Info

Yukon, OK

LEI: 549300OMMGCT35VSS514

Tax ID: 73-0522050

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Mortgage Data

Bank Data

Review & Overview

Ynb is a smaller mortgage company specializing in Refi and Home Purchase loans. Ynb has a high proportion of conventional loans. Ynb has a low ratio of conventional loans. Their top two markets are Oklahoma City and Stillwater .

Ynb has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

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Originations

86

Origination Dollar Volume (All Markets)

$11,250,000

Employee count

69

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
OKLAHOMA CITY, OK (FHA|USDA|VA) 85 $11,105,000 $130,647 $0 5.75%
Stillwater, OK (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
Ynb's top markets include Oklahoma City and Stillwater among others.

Their top states include:
  • Oklahoma (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 85 $11,085,000 $130,412 $0 0.00%
    Conventional 1 $165,000 $165,000 $0 5.75%

    For 2020, Ynb's most frequently originated type of loan was Conventional, with 85 originations. Their 2nd most popular type was Conventional, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 45 $5,955,000 $132,333 $0 0.00%
    Home Purchase 28 $4,520,000 $161,429 $0 5.75%
    Other 8 $570,000 $71,250 $0 0.00%
    Home Improvement 5 $205,000 $41,000 $0 0.00%

    For 2020, Ynb's most frequently cited loan purpose was Refi, with 45 originations. The 2nd most popular reason was Home Purchase, with 28 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 85 $11,085,000 $130,412 $0 0.00%
    1 Year 1 $165,000 $165,000 $0 5.75%

    For 2020, Ynb's most frequently cited loan duration was Other, with 85 originations. The 2nd most popular length was 1 Year, with 1 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 1 $165,000 $165,000

    During 2020, Ynb's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 5-6%, with 1 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 38 $2,140,000 $56,316 $0 0.00%
    $100k-200k 34 $4,540,000 $133,529 $0 5.75%
    $200k-400k 12 $3,280,000 $273,333 $0 0.00%
    $400k-600k 1 $585,000 $585,000 $0 0.00%
    $600k-1MM 1 $705,000 $705,000 $0 0.00%

    2020 saw Ynb place emphasis on $100,000 or less loans with 38 originations, totaling $2,140,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 14 $1,500,000 $107,143 $0 0.00%
    $50k or less 10 $1,070,000 $107,000 $0 0.00%
    $75k-100k 10 $1,230,000 $123,000 $0 0.00%
    $50k-75k 8 $580,000 $72,500 $0 0.00%
    $150k-250k 7 $715,000 $102,143 $0 0.00%
    $250k+ 3 $525,000 $175,000 $0 0.00%

    Ynb lent most frequently to those with incomes in the $100k-150k range, with 14 originations. The second most popular income band? $50k or less, with 10 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 85 $11,085,000 $130,412 $0 0.00%

    Ynb lent most frequently to those with DTI ratios of Exempt%, with 85 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 50 $5,170,000 $103,400 $0 5.75%
    Not applicable 30 $5,080,000 $169,333 $0 0.00%
    American Indian 3 $835,000 $278,333 $0 0.00%
    Other Pacific Islander 1 $115,000 $115,000 $0 0.00%
    Asian 1 $25,000 $25,000 $0 0.00%
    Black 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    95.33%

    Ynb 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
    81.40%

    Ynb has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 85 $11,085,000 $130,412
    NA 1 $165,000 $165,000

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $375,000 $375,000
    Single Family (1-4 Units):Manufactured 1 $85,000 $85,000
    Single Family (1-4 Units):Site-Built 84 $10,790,000 $128,452

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    80-100% 1 $165,000 $165,000 $0 5.75%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Ynb 1550 Garth Brooks Blvd. Yukon, OK 73099 Full Service B&M $9,693
    Ynb 218 North Mustang Road Mustang, OK 73064 Full Service B&M $13,564
    Ynb 235 South Yukon Parkway Yukon, OK 73099 Full Service B&M $9,982
    Ynb 401 Elm Street Yukon, OK 73099 Full Service B&M $144,919
    Ynb 6201 Northwest 23rd Street Oklahoma City, OK 73127 Full Service B&M $24,524

    For 2020, Ynb had 5 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $8,530
    Net interest income $7,904
    Total noninterest income $1,278
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $622
    Trading account gains and fees $0
    Additional Noninterest Income $656
    Pre-tax net operating income $1,471
    Securities gains (or losses, -) $376
    Income before extraordinary items $1,847
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $1,847
    Minority interest net income $0
    Net income $1,847
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $1,471

    Ynb's gross interest income from loans was $8,530,000.
    Ynb's net interest income from loans was $7,904,000.
    Ynb's fee based income from loans was $622,000.
    Ynb's net income from loans was $1,847,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $626
    Provision for credit losses $35
    Total noninterest expense $7,676
    Salaries and employee benefits $4,225
    Premises and equipment expense $1,424
    Additional noninterest expense $2,027
    Applicable income taxes $0
    Net charge-offs $62
    Cash dividends $0

    Ynb's interest expense for loans was $626,000.
    Ynb's payroll and benefits expense were $4,225,000.
    Ynb's property, plant and equipment expenses $1,424,000.

    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 $193,348
    Deposits held in domestic offices $193,348
    Deposits by Individuals, partnerships, and corporations $175,359
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $17,989
    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 $108,688
    Demand deposits $72,483
    Nontransaction accounts $84,660
    Money market deposit accounts (MMDAs) $16,344
    Other savings deposits (excluding MMDAs) $29,033
    Total time deposits $39,282
    Total time and savings deposits $120,865
    Noninterest-bearing deposits $72,483
    Interest-bearing deposits $120,865
    Retail deposits $188,790
    IRAs and Keogh plan accounts $6,869
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $215,526
    Cash & Balances due from depository institutions $13,349
    Interest-bearing balances $10,009
    Total securities $48,644
    Federal funds sold & reverse repurchase $8,181
    Net loans and leases $131,441
    Loan and leases loss allowance $1,135
    Trading account assets $0
    Bank premises and fixed assets $6,713
    Other real estate owned $0
    Goodwill and other intangibles $1,108
    All other assets $6,090

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $215,526
    Total Liabilities $193,476
    Total deposits $193,348
    Interest-bearing deposits $120,865
    Deposits held in domestic offices $193,348
    % insured (estimated) $84
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $128

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $131,441
    Loan and leases loss allowance $1,135
    Total loans and leases (domestic) $132,576
    All real estate loans $110,801
    Real estate loans in domestic offices $110,801
    Construction and development loans $29,978
    Residential 1-4 family construction $18,630
    Other construction, all land development and other land $11,348
    Loans secured by nonfarm nonresidential properties $35,714
    Nonfarm nonresidential secured by owner-occupied properties $7,605
    Commercial real estate & other non-farm, non-residential $28,109
    Multifamily residential real estate $3,735
    1-4 family residential loans $41,214
    Farmland loans $160
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $12,650
    To non-U.S. addressees $0
    Loans to individuals $8,513
    Credit card loans $0
    Related Plans $25
    Consumer Auto Loans $4,363
    Other loans to individuals $4,125
    All other loans & leases $612
    Loans to foreign governments and official institutions $0
    Other loans $0
    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 $85
    Non 1-4 family restructured loans & leases $1
    Total loans and leases (foreign) $0

    YNB had $131,441,000 of loans outstanding in 2020. $110,801,000 of loans were in real estate loans. $29,978,000 of loans were in development loans. $3,735,000 of loans were in multifamily mortgage loans. $41,214,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $4,363,000 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 50 $16,128 $322,560
    Nonfarm, nonresidential loans - <$100k 8 $316 $39,500
    Nonfarm, nonresidential loans - $100-250k 9 $1,059 $117,667
    Nonfarm, nonresidential loans - $250k-1MM 33 $14,753 $447,061
    Commercial & Industrial, US addressed loans - <$1MM 252 $6,059 $24,044
    Commercial & Industrial, US addressed loans - <$100k 238 $4,833 $20,307
    Commercial & Industrial, US addressed loans - $100-250k 12 $910 $75,833
    Commercial & Industrial, US addressed loans - $250k-1MM 2 $316 $158,000
    Farmland loans - <$1MM 1 $149 $149,000
    Farmland loans - $100-250k 1 $149 $149,000