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

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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

    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 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

    128

    Origination Dollar Volume (All Markets)

    $22,290,000

    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) 128 $22,290,000 $174,141 $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 128 $22,290,000 $174,141 $0 0.00%

    For 2021, Collinsville Building And Loan Association's most frequently originated type of loan was Conventional, with 128 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 93 $15,735,000 $169,194 $0 0.00%
    Home Purchase 29 $5,785,000 $199,483 $0 0.00%
    Home Improvement 5 $585,000 $117,000 $0 0.00%
    Other 1 $185,000 $185,000 $0 0.00%

    For 2021, Collinsville Building And Loan Association's most frequently cited loan purpose was Refi, with 93 originations. The 2nd most popular reason was Home Purchase, with 29 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 128 $22,290,000 $174,141 $0 0.00%

    For 2021, Collinsville Building And Loan Association's most frequently cited loan duration was Other, with 128 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 59 $8,835,000 $149,746 $0 0.00%
    $200k-400k 38 $10,100,000 $265,789 $0 0.00%
    $100,000 or less 28 $1,990,000 $71,071 $0 0.00%
    $400k-600k 3 $1,365,000 $455,000 $0 0.00%

    2021 saw Collinsville Building And Loan Association place emphasis on $100k-200k loans with 59 originations, totaling $8,835,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 43 $7,965,000 $185,233 $0 0.00%
    $75k-100k 25 $4,155,000 $166,200 $0 0.00%
    $50k-75k 23 $2,985,000 $129,783 $0 0.00%
    $150k-250k 21 $4,885,000 $232,619 $0 0.00%
    $50k or less 12 $1,180,000 $98,333 $0 0.00%
    $250k+ 4 $1,120,000 $280,000 $0 0.00%

    Collinsville Building And Loan Association lent most frequently to those with incomes in the $100k-150k range, with 43 originations. The second most popular income band? $75k-100k, with 25 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 128 $22,290,000 $174,141 $0 0.00%

    Collinsville Building And Loan Association lent most frequently to those with DTI ratios of Exempt%, with 128 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 115 $20,105,000 $174,826 $0 0.00%
    Not provided 11 $1,755,000 $159,545 $0 0.00%
    Black 1 $345,000 $345,000 $0 0.00%
    American Indian 1 $85,000 $85,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    97.95%

    Collinsville Building And Loan Association 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
    89.84%

    Collinsville Building And Loan Association has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 128 $22,290,000 $174,141

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    128 $22,290,000 $174,141

    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 $14,708
    Collinsville Building and Loan Association 701 Belt Line Road Collinsville, IL 62234 Full Service B&M $82,823

    For 2021, Collinsville Building And Loan Association had 2 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $3,403
    Net interest income $2,441
    Total noninterest income $8
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $8
    Trading account gains and fees $0
    Additional Noninterest Income $0
    Pre-tax net operating income $115
    Securities gains (or losses, -) $0
    Income before extraordinary items $89
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $89
    Minority interest net income $0
    Net income $89
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $89

    Collinsville Building And Loan Association's gross interest income from loans was $3,403,000.
    Collinsville Building And Loan Association's net interest income from loans was $2,441,000.
    Collinsville Building And Loan Association's fee based income from loans was $8,000.
    Collinsville Building And Loan Association's net income from loans was $89,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $962
    Provision for credit losses $0
    Total noninterest expense $2,334
    Salaries and employee benefits $1,489
    Premises and equipment expense $155
    Additional noninterest expense $690
    Applicable income taxes $26
    Net charge-offs $0
    Cash dividends $0

    Collinsville Building And Loan Association's interest expense for loans was $962,000.
    Collinsville Building And Loan Association's payroll and benefits expense were $1,489,000.
    Collinsville Building And Loan Association's property, plant and equipment expenses $155,000.

    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 $97,410
    Deposits held in domestic offices $97,410
    Deposits by Individuals, partnerships, and corporations $93,245
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $4,165
    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 $8,321
    Demand deposits $0
    Nontransaction accounts $89,089
    Money market deposit accounts (MMDAs) $25,449
    Other savings deposits (excluding MMDAs) $10,516
    Total time deposits $53,124
    Total time and savings deposits $97,410
    Noninterest-bearing deposits $680
    Interest-bearing deposits $96,730
    Retail deposits $91,284
    IRAs and Keogh plan accounts $11,850
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $136,450
    Cash & Balances due from depository institutions $10,765
    Interest-bearing balances $10,521
    Total securities $29,097
    Federal funds sold & reverse repurchase $0
    Net loans and leases $95,108
    Loan and leases loss allowance $716
    Trading account assets $0
    Bank premises and fixed assets $455
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $1,025

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $136,450
    Total Liabilities $102,569
    Total deposits $97,410
    Interest-bearing deposits $96,730
    Deposits held in domestic offices $97,410
    % insured (estimated) $93
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $5,000
    Subordinated debt $0
    All other liabilities $159

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $95,108
    Loan and leases loss allowance $716
    Total loans and leases (domestic) $95,824
    All real estate loans $95,799
    Real estate loans in domestic offices $95,799
    Construction and development loans $506
    Residential 1-4 family construction $291
    Other construction, all land development and other land $215
    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 $95,293
    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 $25
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $0
    Other loans to individuals $25
    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 $95,108,000 of loans outstanding in 2021. $95,799,000 of loans were in real estate loans. $506,000 of loans were in development loans. $0 of loans were in multifamily mortgage loans. $95,293,000 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