Hnb National Bank Mortgage Rates, Fees & Info

Hannibal, MO

LEI: 549300P8K0GPRS1CUS51

Tax ID: 43-0309403

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

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Hnb National Bank is a smaller bank specializing in Home Purchase, Refi, and Cash Out Refi loans. Hnb National Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets include Hannibal, St. Louis, St. Joseph, Kansas City, and Maryville among others. Hnb National Bank has an above average approval rate for mortages when compared nationally. They have an average pick rate when compared to the same sample of other lendors. Hnb National Bank is typically a low fee lendor.


Originations

779

Origination Dollar Volume (All Markets)

$136,095,000

Employee count

127 Show all (8) awards

Relative Rate

Hnb National Bank's average 30 year fixed rate mortgage of loans were 3.15%.

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

This yields a difference of 0%.

Relative Fees

Hnb National Bank's average total fees for a 30 year fixed rate mortgage are $1,530.

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
Hannibal, MO (FHA|USDA|VA) 277 $42,125,000 $152,076 $1,225 3.18%
ST. LOUIS, MO-IL (FHA|USDA|VA) 164 $37,270,000 $227,256 $1,648 3.06%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 158 $26,770,000 $169,430 $1,619 3.21%
Outside of Metro Areas 114 $17,480,000 $153,333 $1,553 3.17%
KANSAS CITY, MO-KS (FHA|USDA|VA) 18 $5,450,000 $302,778 $1,751 2.81%
Maryville, MO (FHA|USDA|VA) 16 $3,020,000 $188,750 $1,513 2.98%
Quincy, IL-MO (FHA|USDA|VA) 12 $1,610,000 $134,167 $1,487 3.03%
Mexico, MO (FHA|USDA|VA) 12 $1,480,000 $123,333 $1,132 3.61%
COLUMBIA, MO (FHA|USDA|VA) 4 $430,000 $107,500 $1,084 2.72%
PEORIA, IL (FHA|USDA|VA) 1 $225,000 $225,000 $1,491 2.63%
MANHATTAN, KS (FHA|USDA|VA) 1 $105,000 $105,000 $1,533 2.75%
Branson, MO (FHA|USDA|VA) 1 $75,000 $75,000 $1,681 2.50%
West Plains, MO (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.25%

Hnb National Bank's top markets include Hannibal, St. Louis, St. Joseph, Kansas City, and Maryville among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 765 $134,485,000 $175,797 $1,446 3.14%
USDA 14 $1,610,000 $115,000 $2,055 3.46%

For the 2021 period, Hnb National Bank's most frequently originated loan type of loans were Conventional, with 765 originations. Their 2nd most popular type is USDA, with 14 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 281 $46,965,000 $167,135 $1,664 3.46%
Refi 272 $50,950,000 $187,316 $1,317 2.94%
Cash Out Refi 184 $33,870,000 $184,076 $1,492 2.88%
Other 34 $4,040,000 $118,824 $1,190 3.38%
Home Improvement 8 $270,000 $33,750 $769 4.44%

For the 2021, Hnb National Bank's most frequently cited loan purpose of loans were Home Purchase, with 281 originations. The 2nd most popular reason of loans were Refi, with 272 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 415 $84,695,000 $204,084 $1,530 3.15%
15 Year 162 $25,720,000 $158,765 $1,441 2.59%
20 Year 128 $17,790,000 $138,984 $1,351 3.46%
10 Year 37 $3,225,000 $87,162 $1,157 3.07%
Other 21 $2,295,000 $109,286 $990 4.56%
1 Year 10 $2,120,000 $212,000 $1,503 4.35%
5 Year 4 $100,000 $25,000 $819 4.75%
3 Year 2 $150,000 $75,000 $0 4.50%

For the 2021, Hnb National Bank's most frequently cited loan length of loans were 30 Year, with 415 originations. The 2nd most popular length of loans were 15 Year, with 162 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 619 $115,085,000 $185,921

$1,530 of loans were Hnb National Bank's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 619 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 270 $55,180,000 $204,370
3-4% 210 $35,040,000 $166,857
<2.5% 176 $30,450,000 $173,011
4-5% 114 $13,750,000 $120,614
5-6% 9 $1,675,000 $186,111

During 2021, Hnb National Bank's average interest rate of loans were 3.15%, while their most frequently originated rate bucket of loans were 2.5-3%, with 270 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 291 $41,275,000 $141,838 $1,441 3.00%
$100,000 or less 230 $14,890,000 $64,739 $1,162 3.49%
$200k-400k 217 $58,435,000 $269,286 $1,620 3.01%
$400k-600k 38 $18,650,000 $490,789 $1,950 2.95%
$600k-1MM 2 $1,560,000 $780,000 $3,186 4.63%
$1MM+ 1 $1,285,000 $1,285,000 $3,351 3.00%

2021 saw Hnb National Bank place emphasis on $100k-200k loans with 291 originations, totaling $41,275,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 158 $32,460,000 $205,443 $1,557 3.05%
$50k-75k 154 $20,980,000 $136,234 $1,418 3.13%
$50k or less 139 $13,815,000 $99,388 $1,326 3.20%
$75k-100k 128 $21,660,000 $169,219 $1,420 3.01%
$150k-250k 98 $24,440,000 $249,388 $1,623 2.96%
$250k+ 47 $15,685,000 $333,723 $1,678 3.16%

Hnb National Bank lent most frequently to those with incomes in the $100k-150k range, with 158 originations. The second most popular income band? $50k-75k, with 154 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 232 $41,300,000 $178,017 $1,428 3.02%
<20% 157 $24,825,000 $158,121 $1,414 2.89%
30-36% 138 $24,990,000 $181,087 $1,471 3.05%
38% 29 $5,255,000 $181,207 $1,517 3.57%
36% 26 $4,450,000 $171,154 $1,360 3.53%
40% 21 $3,495,000 $166,429 $1,569 3.00%
37% 19 $3,115,000 $163,947 $1,523 3.09%
39% 18 $3,660,000 $203,333 $1,470 2.97%
41% 18 $3,230,000 $179,444 $1,498 3.08%
43% 16 $2,790,000 $174,375 $1,497 3.00%
42% 15 $2,675,000 $178,333 $1,509 3.02%
44% 11 $2,265,000 $205,909 $1,565 2.91%
45% 7 $2,005,000 $286,429 $1,737 3.39%
47% 6 $1,330,000 $221,667 $1,480 3.58%
48% 5 $1,435,000 $287,000 $1,456 3.93%
46% 3 $1,005,000 $335,000 $2,307 2.96%
49% 3 $1,025,000 $341,667 $1,457 3.42%
>60% 3 $1,025,000 $341,667 $1,328 4.17%
50-60% 2 $630,000 $315,000 $2,332 4.38%

Hnb National Bank lent most frequently to those with DTI ratios of 20-30%, with 232 originations. The next most common DTI ratio? <20%, with 157 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 634 $109,720,000 $173,060 $1,445 3.09%
Not provided 85 $17,985,000 $211,588 $1,537 3.01%
Not applicable 41 $4,595,000 $112,073 $0 4.32%
Black 8 $1,430,000 $178,750 $1,526 3.11%
American Indian 5 $1,175,000 $235,000 $1,754 3.58%
Asian 5 $985,000 $197,000 $1,474 3.58%
Native Hawaiian 1 $205,000 $205,000 $1,631 3.00%

Approval Rates

Total approvals of all applications
93.68%

Hnb National Bank has an average approval rate.

Pick Rate

Approvals leading to origination
91.81%

Hnb National Bank has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 779 $136,095,000 $174,705

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
779 $136,095,000 $174,705

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 74 $8,190,000 $110,676 $1,282 3.06%
40-60% 140 $20,610,000 $147,214 $1,372 2.88%
60-80% 326 $65,560,000 $201,104 $1,503 3.15%
80-100% 210 $40,240,000 $191,619 $1,600 3.22%
Over 100% 3 $325,000 $108,333 $2,328 3.83%
Under 20% 26 $1,170,000 $45,000 $583 4.16%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
HOME BANCSHARES, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 1 50.0%
HOME BANCSHARES, INC. Conventional home mortgage Trouble during payment process 1 50.0%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Hnb National Bank 100 North Main Street Hannibal, MO 63401 Full Service B&M $134,702
Hnb National Bank Highway 61 North Hannibal, MO 63401 Full Service B&M $56,654
Hnb National Bank 103 East Main Street Perry, MO 63462 Full Service B&M $75,260
Hnb National Bank 1120 Highway 24 And 36 East Monroe City, MO 63456 Full Service B&M $46,431
Hnb National Bank 114 North Lincoln Drive Troy, MO 63379 Full Service B&M $20,600
Hnb National Bank 118 W 1st St, P O Box 129 Stanberry, MO 64489 Full Service B&M $58,829
Hnb National Bank 150 Shinn Lane Hannibal, MO 63401 Full Service B&M $23,700
Hnb National Bank 1602 South Riverside Road Saint Joseph, MO 64507 Full Service B&M $19,845
Hnb National Bank 1977 Wentzville Parkway Wentzville, MO 63385 Full Service B&M $30,126
Hnb National Bank 203 South Main Palmyra, MO 63461 Full Service B&M $17,389
Hnb National Bank 301 West Main Street Savannah, MO 64485 Full Service B&M $53,828
Hnb National Bank 3650 Stardust Drive Hannibal, MO 63401 Full Service B&M $9,988
Hnb National Bank 6102 North Belt Hwy Country Club, MO 64506 Full Service B&M $2,126
Hnb National Bank 700 Bus Hwy 61 S Bowling Green, MO 63334 Full Service B&M $26,083

For 2021, Hnb National Bank had 14 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $23,371
Net interest income $22,270
Total noninterest income $8,394
Gross Fiduciary activities income $720
Service charges on deposit accounts $751
Trading account gains and fees $0
Additional Noninterest Income $6,923
Pre-tax net operating income $16,593
Securities gains (or losses, -) $0
Income before extraordinary items $16,593
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $16,593
Minority interest net income $0
Net income $16,593
Sale, conversion, retirement of capital stock, net $0
Net operating income $16,593

Hnb National Bank's gross interest income from loans was $23,371,000.
Hnb National Bank's net interest income from loans was $22,270,000.
Hnb National Bank's fee based income from loans was $751,000.
Hnb National Bank's net income from loans was $16,593,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $1,101
Provision for credit losses $25
Total noninterest expense $14,046
Salaries and employee benefits $8,295
Premises and equipment expense $2,181
Additional noninterest expense $3,570
Applicable income taxes $0
Net charge-offs $-96
Cash dividends $10,005

Hnb National Bank's interest expense for loans was $1,101,000.
Hnb National Bank's payroll and benefits expense were $8,295,000.
Hnb National Bank's property, plant and equipment expenses $2,181,000.

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 $583,185
Deposits held in domestic offices $583,185
Deposits by Individuals, partnerships, and corporations $516,403
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $66,292
Deposits by Commercial banks and other depository institutions in U.S. $490
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $313,329
Demand deposits $106,990
Nontransaction accounts $269,856
Money market deposit accounts (MMDAs) $57,879
Other savings deposits (excluding MMDAs) $99,984
Total time deposits $111,993
Total time and savings deposits $476,195
Noninterest-bearing deposits $106,990
Interest-bearing deposits $476,195
Retail deposits $562,608
IRAs and Keogh plan accounts $12,214
Brokered deposits $0
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $669,775
Cash & Balances due from depository institutions $128,571
Interest-bearing balances $121,764
Total securities $141,806
Federal funds sold & reverse repurchase $0
Net loans and leases $364,149
Loan and leases loss allowance $4,780
Trading account assets $0
Bank premises and fixed assets $14,802
Other real estate owned $55
Goodwill and other intangibles $3,069
All other assets $17,323

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $669,775
Total Liabilities $585,285
Total deposits $583,185
Interest-bearing deposits $476,195
Deposits held in domestic offices $583,185
% insured (estimated) $79
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $2,100

Issued Loan Types

Type Value (in 000's)
Net loans and leases $364,149
Loan and leases loss allowance $4,780
Total loans and leases (domestic) $368,929
All real estate loans $285,672
Real estate loans in domestic offices $285,672
Construction and development loans $32,597
Residential 1-4 family construction $10,398
Other construction, all land development and other land $22,199
Loans secured by nonfarm nonresidential properties $87,773
Nonfarm nonresidential secured by owner-occupied properties $47,108
Commercial real estate & other non-farm, non-residential $40,665
Multifamily residential real estate $5,607
1-4 family residential loans $86,461
Farmland loans $73,234
Loans held in foreign offices $0
Farm loans $52,637
Commercial and industrial loans $21,346
To non-U.S. addressees $0
Loans to individuals $8,180
Credit card loans $0
Related Plans $0
Consumer Auto Loans $6,463
Other loans to individuals $1,717
All other loans & leases $1,094
Loans to foreign governments and official institutions $0
Other loans $670
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 $1,447
Non 1-4 family restructured loans & leases $353
Total loans and leases (foreign) $0

HNB National Bank had $364,149,000 of loans outstanding in 2021. $285,672,000 of loans were in real estate loans. $32,597,000 of loans were in development loans. $5,607,000 of loans were in multifamily mortgage loans. $86,461,000 of loans were in 1-4 family mortgage loans. $52,637,000 of loans were in farm loans. $0 of loans were in credit card loans. $6,463,000 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 267 $27,953 $104,693
Nonfarm, nonresidential loans - <$100k 98 $3,480 $35,510
Nonfarm, nonresidential loans - $100-250k 100 $1,288 $12,880
Nonfarm, nonresidential loans - $250k-1MM 69 $23,185 $336,014
Commercial & Industrial, US addressed loans - <$1MM 474 $20,293 $42,812
Commercial & Industrial, US addressed loans - <$100k 374 $7,418 $19,834
Commercial & Industrial, US addressed loans - $100-250k 62 $5,211 $84,048
Commercial & Industrial, US addressed loans - $250k-1MM 38 $7,664 $201,684
Farmland loans - <$1MM 563 $58,494 $103,897
Farmland loans - <$100k 244 $7,859 $32,209
Farmland loans - $100-250k 184 $18,274 $99,315
Farmland loans - $250k-1MM 135 $32,361 $239,711
Agriculture operations loans - <$1MM 810 $48,013 $59,275
Agriculture operations loans - <$100k 633 $12,396 $19,583
Agriculture operations loans - $100-250k 98 $8,819 $89,990
Agriculture operations loans - $250k-1MM 79 $26,798 $339,215