Jonah Bank Of Wyoming Mortgage Rates, Fees & Info

Casper, WY

LEI: 549300R5DOGZK0VWYL76

Tax ID: 20-4993578

5 stars - out of 5 stars, based on 36 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

  • SimulatedRates™
  • Bank Data

    Review & Overview

    Jonah Bank Of Wyoming is a smaller bank specializing in Home Purchase and Refi loans. Jonah Bank Of Wyoming has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Cheyenne, Laramie, Casper, Fort Collins, and Denver among others. We have data for 27 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Jonah Bank Of Wyoming has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Jonah Bank Of Wyoming is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.


    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.35% 12/4/22
    30 Year Conventional Refi 6.57% 12/4/22
    30 Year Cash-out Refi 6.73% 12/4/22
    30 Year FHA Purchase 7.27% 12/4/22
    30 Year FHA Refi 7.04% 12/4/22
    30 Year VA Purchase 6.13% 12/4/22
    30 Year VA Refi 6.08% 12/4/22
    15 Year Conventional Purchase 5.77% 12/4/22
    15 Year Conventional Refi 5.78% 12/4/22
    15 Year Cash-out Refi 5.78% 12/4/22
    15 Year VA Purchase 5.75% 12/4/22
    15 Year VA Refi 5.63% 12/4/22
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.


    Originations

    1,291

    Origination Dollar Volume (All Markets)

    $333,095,000

    Employee count

    85 Show all (14) awards

    Relative Rate

    Jonah Bank Of Wyoming's average 30 year fixed mortgage rate was 2.71%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.44%.

    Relative Fees (Closing Costs)

    Jonah Bank Of Wyoming's average total fees/closing costs for a 30 year fixed rate mortgage were $5,126.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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
    CHEYENNE, WY (FHA|USDA|VA) 549 $145,425,000 $264,891 $4,656 2.73%
    Laramie, WY (FHA|USDA|VA) 412 $106,530,000 $258,568 $4,779 2.68%
    CASPER, WY (FHA|USDA|VA) 241 $55,225,000 $229,149 $4,173 2.85%
    Outside of Metro Areas 35 $7,825,000 $223,571 $4,771 2.60%
    FORT COLLINS, CO (FHA|USDA|VA) 16 $6,150,000 $384,375 $3,922 3.05%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $1,820,000 $455,000 $3,134 2.66%
    Sheridan, WY (FHA|USDA|VA) 4 $1,180,000 $295,000 $6,581 2.53%
    GREELEY, CO (FHA|USDA|VA) 3 $1,065,000 $355,000 $3,542 2.75%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 4 $980,000 $245,000 $1,696 2.84%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 2 $810,000 $405,000 $15,732 2.31%
    GREAT FALLS, MT (FHA|USDA|VA) 2 $810,000 $405,000 $1,893 2.81%
    Riverton, WY (FHA|USDA|VA) 2 $660,000 $330,000 $5,408 3.69%
    BOULDER, CO (FHA|USDA|VA) 2 $620,000 $310,000 $2,502 3.19%
    Rock Springs, WY (FHA|USDA|VA) 2 $510,000 $255,000 $6,472 2.19%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $445,000 $445,000 $7,756 2.88%
    TWIN FALLS, ID (FHA|USDA|VA) 1 $405,000 $405,000 $7,986 1.88%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $395,000 $395,000 $6,623 3.25%
    GRAND JUNCTION, CO (FHA|USDA|VA) 1 $375,000 $375,000 $5,857 2.25%
    Norfolk, NE (FHA|USDA|VA) 1 $355,000 $355,000 $1,662 2.50%
    CaƱon City, CO (FHA|USDA|VA) 1 $265,000 $265,000 $3,807 2.25%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $235,000 $235,000 $5,646 2.38%
    North Platte, NE (FHA|USDA|VA) 1 $205,000 $205,000 $3,761 2.75%
    RAPID CITY, SD (FHA|USDA|VA) 1 $205,000 $205,000 $0 2.50%
    Payson, AZ (FHA|USDA|VA) 1 $185,000 $185,000 $4,983 2.50%
    WICHITA, KS (FHA|USDA|VA) 1 $155,000 $155,000 $3,722 3.49%
    TUCSON, AZ (FHA|USDA|VA) 1 $135,000 $135,000 $1,957 2.63%
    Evanston, WY (FHA|USDA|VA) 1 $125,000 $125,000 $933 2.50%
    Jonah Bank Of Wyoming's top markets include Cheyenne, Laramie, Casper, Fort Collins, and Denver among others.

    Their top states include:
  • Wyoming (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Montana (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Jonah Bank of Wyoming based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Pinnacle Bank - Wyoming
    Similarity Rank: 288
    Blue Federal Credit Union
    Similarity Rank: 494
    WESTERN VISTA
    Similarity Rank: 630
    Wyoming Bank & Trust
    Similarity Rank: 893
    PARTNERS UNITED FINANCIAL, LLC
    Similarity Rank: 1891
    Jonah Bank of Wyoming
    Similarity Rank: 2214
    CENTENNIAL LENDING, LLC
    Similarity Rank: 3360
    Glacier Bank
    Similarity Rank: 3706
    CRESCENT MORTGAGE COMPANY
    Similarity Rank: 9022
    OPEN MORTGAGE, LLC
    Similarity Rank: 10098

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,018 $248,050,000 $243,664 $3,984 2.81%
    VA 174 $59,680,000 $342,989 $6,343 2.34%
    FHA 99 $25,365,000 $256,212 $8,647 2.61%

    For 2021, Jonah Bank Of Wyoming's most frequently originated type of loan was Conventional, with 1,018 originations. Their 2nd most popular type was VA, with 174 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 728 $197,130,000 $270,783 $6,122 2.70%
    Refi 389 $91,325,000 $234,769 $2,537 2.75%
    Cash Out Refi 168 $43,700,000 $260,119 $3,716 2.83%
    Home Improvement 3 $305,000 $101,667 $1,782 3.43%
    Other 3 $635,000 $211,667 $2,730 2.96%

    For 2021, Jonah Bank Of Wyoming's most frequently cited loan purpose was Home Purchase, with 728 originations. The 2nd most popular reason was Refi, with 389 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 992 $271,260,000 $273,448 $5,126 2.71%
    15 Year 132 $27,490,000 $208,258 $2,597 2.43%
    20 Year 85 $17,935,000 $211,000 $2,956 3.08%
    10 Year 44 $3,930,000 $89,318 $1,677 2.44%
    Other 27 $7,725,000 $286,111 $4,385 3.85%
    1 Year 9 $1,305,000 $145,000 $0 4.56%
    3 Year 1 $3,235,000 $3,235,000 $0 4.25%
    5 Year 1 $215,000 $215,000 $0 4.15%

    For 2021, Jonah Bank Of Wyoming's most frequently cited loan duration was 30 Year, with 992 originations. The 2nd most popular length was 15 Year, with 132 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 438 $103,730,000 $236,826
    $3k-4k 215 $60,855,000 $283,047
    $2k-3k 203 $47,455,000 $233,768
    $1k-2k 105 $22,295,000 $212,333
    $4k-5k 98 $34,950,000 $356,633
    $5k+ 56 $27,070,000 $483,393

    Jonah Bank Of Wyoming's average total fees were $5,126, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 438 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 565 $150,865,000 $267,018
    <2.5% 450 $113,190,000 $251,533
    3-4% 223 $54,885,000 $246,121
    4-5% 50 $13,830,000 $276,600
    5-6% 3 $325,000 $108,333

    During 2021, Jonah Bank Of Wyoming's average interest rate for loans was 2.71%, while their most frequently originated rate bucket for loans was 2.5-3%, with 565 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 722 $202,860,000 $280,970 $4,882 2.79%
    $100k-200k 327 $51,235,000 $156,682 $2,679 2.89%
    $400k-600k 141 $67,215,000 $476,702 $6,443 2.72%
    $100,000 or less 92 $3,140,000 $34,130 $1,876 1.73%
    $600k-1MM 8 $5,410,000 $676,250 $11,760 3.02%
    $1MM+ 1 $3,235,000 $3,235,000 $0 4.25%

    2021 saw Jonah Bank Of Wyoming place emphasis on $200k-400k loans with 722 originations, totaling $202,860,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 345 $76,805,000 $222,623 $5,127 2.56%
    $100k-150k 260 $80,300,000 $308,846 $5,181 2.76%
    $75k-100k 233 $59,155,000 $253,884 $4,673 2.73%
    $50k or less 173 $29,295,000 $169,335 $3,781 2.52%
    $150k-250k 141 $44,225,000 $313,652 $4,827 2.98%
    $250k+ 55 $18,735,000 $340,636 $3,820 3.22%

    Jonah Bank Of Wyoming lent most frequently to those with incomes in the $50k-75k range, with 345 originations. The second most popular income band? $100k-150k, with 260 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 274 $70,590,000 $257,628 $4,019 2.75%
    30-36% 250 $64,130,000 $256,520 $4,854 2.74%
    <20% 117 $28,415,000 $242,863 $3,382 2.76%
    44% 58 $15,090,000 $260,172 $5,638 2.54%
    39% 55 $12,725,000 $231,364 $4,498 2.64%
    43% 53 $12,285,000 $231,792 $5,897 2.55%
    38% 50 $12,040,000 $240,800 $5,086 2.71%
    36% 49 $10,625,000 $216,837 $3,899 2.44%
    37% 42 $10,230,000 $243,571 $4,290 2.72%
    42% 40 $11,680,000 $292,000 $5,541 2.70%
    41% 39 $11,035,000 $282,949 $5,167 2.80%
    40% 36 $8,730,000 $242,500 $4,992 2.96%
    45% 34 $7,120,000 $209,412 $8,299 2.62%
    46% 34 $9,600,000 $282,353 $4,682 2.81%
    49% 29 $8,705,000 $300,172 $6,276 2.76%
    48% 19 $6,825,000 $359,211 $7,724 2.74%
    47% 18 $5,660,000 $314,444 $6,615 2.62%
    50-60% 14 $4,270,000 $305,000 $8,938 2.36%
    >60% 2 $630,000 $315,000 $79 3.56%

    Jonah Bank Of Wyoming lent most frequently to those with DTI ratios of 20-30%, with 274 originations. The next most common DTI ratio? 30-36%, with 250 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,141 $290,505,000 $254,606 $4,536 2.69%
    Not provided 79 $23,825,000 $301,582 $5,717 2.80%
    Not applicable 28 $7,740,000 $276,429 $0 4.53%
    Asian 19 $5,295,000 $278,684 $4,984 2.82%
    Black 17 $3,615,000 $212,647 $2,907 2.39%
    American Indian 6 $1,710,000 $285,000 $5,485 2.89%
    Other Pacific Islander 1 $405,000 $405,000 $6,024 2.38%

    Approval Rates

    Total approvals of all applications
    98.01%

    Jonah Bank Of Wyoming 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
    93.57%

    Jonah Bank Of Wyoming has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,291 $333,095,000 $258,013

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,291 $333,095,000 $258,013

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 47 $8,205,000 $174,574 $2,544 2.75%
    40-60% 167 $35,045,000 $209,850 $2,862 2.75%
    60-80% 453 $117,765,000 $259,967 $3,973 3.00%
    80-100% 475 $143,435,000 $301,968 $5,617 2.76%
    Over 100% 32 $12,360,000 $386,250 $14,188 2.38%
    Under 20% 67 $1,315,000 $19,627 $1,820 1.19%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Jonah Bank of Wyoming 2015 Central Avenue Cheyenne, WY 82001 Full Service B&M $83,414
    Jonah Bank of Wyoming 205 Storey Blvd Cheyenne, WY 82009 Full Service B&M $106,800
    Jonah Bank of Wyoming 3730 Esat Second Street Casper, WY 82609 Full Service B&M $126,333
    Jonah Bank of Wyoming 777 West First Street Casper, WY 82601 Full Service B&M $112,903

    For 2021, Jonah Bank Of Wyoming had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $16,657
    Net interest income $16,191
    Total noninterest income $9,084
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $159
    Trading account gains and fees $0
    Additional Noninterest Income $8,925
    Pre-tax net operating income $11,823
    Securities gains (or losses, -) $0
    Income before extraordinary items $9,360
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $9,360
    Minority interest net income $0
    Net income $9,360
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $9,360

    Jonah Bank Of Wyoming's gross interest income from loans was $16,657,000.
    Jonah Bank Of Wyoming's net interest income from loans was $16,191,000.
    Jonah Bank Of Wyoming's fee based income from loans was $159,000.
    Jonah Bank Of Wyoming's net income from loans was $9,360,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $466
    Provision for credit losses $-564
    Total noninterest expense $14,016
    Salaries and employee benefits $9,551
    Premises and equipment expense $1,606
    Additional noninterest expense $2,859
    Applicable income taxes $2,463
    Net charge-offs $125
    Cash dividends $6,174

    Jonah Bank Of Wyoming's interest expense for loans was $466,000.
    Jonah Bank Of Wyoming's payroll and benefits expense were $9,551,000.
    Jonah Bank Of Wyoming's property, plant and equipment expenses $1,606,000.

    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 $463,167
    Deposits held in domestic offices $463,167
    Deposits by Individuals, partnerships, and corporations $457,792
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $5,375
    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 $315,751
    Demand deposits $255,638
    Nontransaction accounts $147,416
    Money market deposit accounts (MMDAs) $11,245
    Other savings deposits (excluding MMDAs) $119,095
    Total time deposits $17,076
    Total time and savings deposits $207,529
    Noninterest-bearing deposits $173,772
    Interest-bearing deposits $289,395
    Retail deposits $453,317
    IRAs and Keogh plan accounts $0
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $510,754
    Cash & Balances due from depository institutions $152,517
    Interest-bearing balances $85,754
    Total securities $53,288
    Federal funds sold & reverse repurchase $0
    Net loans and leases $285,953
    Loan and leases loss allowance $5,247
    Trading account assets $0
    Bank premises and fixed assets $7,940
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $11,056

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $510,754
    Total Liabilities $465,027
    Total deposits $463,167
    Interest-bearing deposits $289,395
    Deposits held in domestic offices $463,167
    % insured (estimated) $52
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $1,860

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $285,953
    Loan and leases loss allowance $5,247
    Total loans and leases (domestic) $291,200
    All real estate loans $228,561
    Real estate loans in domestic offices $228,561
    Construction and development loans $12,872
    Residential 1-4 family construction $3,829
    Other construction, all land development and other land $9,043
    Loans secured by nonfarm nonresidential properties $148,634
    Nonfarm nonresidential secured by owner-occupied properties $87,385
    Commercial real estate & other non-farm, non-residential $61,249
    Multifamily residential real estate $12,733
    1-4 family residential loans $39,129
    Farmland loans $15,193
    Loans held in foreign offices $0
    Farm loans $619
    Commercial and industrial loans $59,567
    To non-U.S. addressees $0
    Loans to individuals $1,588
    Credit card loans $843
    Related Plans $528
    Consumer Auto Loans $149
    Other loans to individuals $68
    All other loans & leases $1,579
    Loans to foreign governments and official institutions $0
    Other loans $95
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $7,346
    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

    Jonah Bank of Wyoming had $285,953,000 of loans outstanding in 2021. $228,561,000 of loans were in real estate loans. $12,872,000 of loans were in development loans. $12,733,000 of loans were in multifamily mortgage loans. $39,129,000 of loans were in 1-4 family mortgage loans. $619,000 of loans were in farm loans. $843,000 of loans were in credit card loans. $149,000 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 219 $55,289 $252,461
    Nonfarm, nonresidential loans - <$100k 34 $972 $28,588
    Nonfarm, nonresidential loans - $100-250k 64 $8,621 $134,703
    Nonfarm, nonresidential loans - $250k-1MM 121 $45,696 $377,653
    Commercial & Industrial, US addressed loans - <$1MM 317 $17,014 $53,672
    Commercial & Industrial, US addressed loans - <$100k 204 $3,806 $18,657
    Commercial & Industrial, US addressed loans - $100-250k 41 $4,841 $118,073
    Commercial & Industrial, US addressed loans - $250k-1MM 72 $8,367 $116,208
    Farmland loans - <$1MM 11 $2,040 $185,455
    Farmland loans - <$100k 2 $123 $61,500
    Farmland loans - $100-250k 3 $197 $65,667
    Farmland loans - $250k-1MM 6 $1,720 $286,667
    Agriculture operations loans - <$1MM 23 $619 $26,913
    Agriculture operations loans - <$100k 20 $196 $9,800
    Agriculture operations loans - $100-250k 3 $423 $141,000