Collinsville Building And Loan Association Mortgage Rates, Fees & Info

Collinsville, IL

LEI: 549300QV6YJK6ZDZPV54

Tax ID: 37-0223930

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
  • Complaints
  • 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

    Collinsville Building And Loan Association is a smaller mortgage company specializing in Refi and Home Purchase loans. Collinsville Building And Loan Association has a high proportion of conventional loans. Their top (well, only) market is St. Louis.

    Collinsville Building And Loan Association 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

    158

    Origination Dollar Volume (All Markets)

    $25,190,000

    Employee count

    15

    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
    ST. LOUIS, MO-IL (FHA|USDA|VA) 158 $25,190,000 $159,430 $0 0.00%
    Collinsville Building And Loan Association's top markets include and St. Louis among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 158 $25,190,000 $159,430 $0 0.00%

    For 2020, Collinsville Building And Loan Association's most frequently originated type of loan was Conventional, with 158 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 105 $17,355,000 $165,286 $0 0.00%
    Home Purchase 41 $6,665,000 $162,561 $0 0.00%
    Other 7 $825,000 $117,857 $0 0.00%
    Home Improvement 5 $345,000 $69,000 $0 0.00%

    For 2020, Collinsville Building And Loan Association's most frequently cited loan purpose was Refi, with 105 originations. The 2nd most popular reason was Home Purchase, with 41 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 158 $25,190,000 $159,430 $0 0.00%

    For 2020, Collinsville Building And Loan Association's most frequently cited loan duration was Other, with 158 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 82 $12,330,000 $150,366 $0 0.00%
    $200k-400k 38 $9,630,000 $253,421 $0 0.00%
    $100,000 or less 36 $2,370,000 $65,833 $0 0.00%
    $400k-600k 2 $860,000 $430,000 $0 0.00%

    2020 saw Collinsville Building And Loan Association place emphasis on $100k-200k loans with 82 originations, totaling $12,330,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 56 $10,150,000 $181,250 $0 0.00%
    $150k-250k 27 $5,355,000 $198,333 $0 0.00%
    $50k-75k 27 $3,315,000 $122,778 $0 0.00%
    $75k-100k 26 $3,270,000 $125,769 $0 0.00%
    $50k or less 17 $1,715,000 $100,882 $0 0.00%
    $250k+ 4 $1,240,000 $310,000 $0 0.00%

    Collinsville Building And Loan Association lent most frequently to those with incomes in the $100k-150k range, with 56 originations. The second most popular income band? $150k-250k, with 27 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 158 $25,190,000 $159,430 $0 0.00%

    Collinsville Building And Loan Association lent most frequently to those with DTI ratios of Exempt%, with 158 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 145 $22,775,000 $157,069 $0 0.00%
    Not provided 12 $2,250,000 $187,500 $0 0.00%
    Black 1 $165,000 $165,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    88.44%

    Collinsville Building And Loan Association has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.61%

    Collinsville Building And Loan Association has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 158 $25,190,000 $159,430

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 158 $25,190,000 $159,430

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    CU Alliance, LLC Conventional home mortgage Trouble during payment process 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Collinsville Building and Loan Association 100 West Market Street Troy, IL 62294 Full Service B&M $12,294
    Collinsville Building and Loan Association 701 Belt Line Road Collinsville, IL 62234 Full Service B&M $79,772

    For 2020, Collinsville Building And Loan Association had 2 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $4,014
    Net interest income $2,780
    Total noninterest income $25
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $7
    Trading account gains and fees $0
    Additional Noninterest Income $18
    Pre-tax net operating income $508
    Securities gains (or losses, -) $0
    Income before extraordinary items $386
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $386
    Minority interest net income $0
    Net income $386
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $386

    Collinsville Building And Loan Association's gross interest income from loans was $4,014,000.
    Collinsville Building And Loan Association's net interest income from loans was $2,780,000.
    Collinsville Building And Loan Association's fee based income from loans was $7,000.
    Collinsville Building And Loan Association's net income from loans was $386,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,234
    Provision for credit losses $0
    Total noninterest expense $2,297
    Salaries and employee benefits $1,494
    Premises and equipment expense $151
    Additional noninterest expense $652
    Applicable income taxes $122
    Net charge-offs $0
    Cash dividends $0

    Collinsville Building And Loan Association's interest expense for loans was $1,234,000.
    Collinsville Building And Loan Association's payroll and benefits expense were $1,494,000.
    Collinsville Building And Loan Association's property, plant and equipment expenses $151,000.

    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 $94,437
    Deposits held in domestic offices $94,437
    Deposits by Individuals, partnerships, and corporations $90,380
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $4,057
    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 $6,717
    Demand deposits $0
    Nontransaction accounts $87,720
    Money market deposit accounts (MMDAs) $22,063
    Other savings deposits (excluding MMDAs) $9,079
    Total time deposits $56,578
    Total time and savings deposits $94,437
    Noninterest-bearing deposits $711
    Interest-bearing deposits $93,726
    Retail deposits $86,949
    IRAs and Keogh plan accounts $11,852
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $132,399
    Cash & Balances due from depository institutions $13,484
    Interest-bearing balances $13,254
    Total securities $24,535
    Federal funds sold & reverse repurchase $0
    Net loans and leases $93,030
    Loan and leases loss allowance $716
    Trading account assets $0
    Bank premises and fixed assets $377
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $973

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $132,399
    Total Liabilities $98,607
    Total deposits $94,437
    Interest-bearing deposits $93,726
    Deposits held in domestic offices $94,437
    % insured (estimated) $94
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $4,000
    Subordinated debt $0
    All other liabilities $170

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $93,030
    Loan and leases loss allowance $716
    Total loans and leases (domestic) $93,746
    All real estate loans $93,716
    Real estate loans in domestic offices $93,716
    Construction and development loans $1,082
    Residential 1-4 family construction $798
    Other construction, all land development and other land $284
    Loans secured by nonfarm nonresidential properties $0
    Nonfarm nonresidential secured by owner-occupied properties $0
    Commercial real estate & other non-farm, non-residential $0
    Multifamily residential real estate $0
    1-4 family residential loans $92,634
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $0
    To non-U.S. addressees $0
    Loans to individuals $30
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $0
    Other loans to individuals $30
    All other loans & leases $0
    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 $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Collinsville Building and Loan Association had $93,030,000 of loans outstanding in 2020. $93,716,000 of loans were in real estate loans. $1,082,000 of loans were in development loans. $0 of loans were in multifamily mortgage loans. $92,634,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $0 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan