Jonah Bank Of Wyoming Mortgage Rates, Fees & Info

Casper, WY

LEI: 549300R5DOGZK0VWYL76

Tax ID: 20-4993578

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • 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

    Jonah Bank Of Wyoming is a smaller bank specializing in Home Purchase 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, Greeley, and Billings among others. We have data for 18 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 11/21/24
    30 Year Conventional Purchase 5.92% 11/21/24
    30 Year Conventional Refi 6.16% 11/21/24
    30 Year Cash-out Refi 6.57% 11/21/24
    30 Year FHA Purchase 6.80% 11/21/24
    30 Year FHA Refi 6.96% 11/21/24
    30 Year VA Purchase 5.79% 11/21/24
    30 Year VA Refi 5.70% 11/21/24
    15 Year Conventional Purchase 5.88% 11/21/24
    15 Year Conventional Refi 5.89% 11/21/24
    15 Year Cash-out Refi 5.89% 11/21/24
    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.

    Jonah Bank Of Wyoming Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Jonah Bank Of Wyoming. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    761

    Origination Dollar Volume (All Markets)

    $151,405,000

    Employee count

    77 Show all (11) awards

    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) 369 $77,885,000 $211,070 $4,868 4.44%
    Laramie, WY (FHA|USDA|VA) 247 $43,275,000 $175,202 $5,650 4.41%
    CASPER, WY (FHA|USDA|VA) 114 $21,920,000 $192,281 $4,859 4.50%
    Outside of Metro Areas 11 $1,855,000 $168,636 $4,747 4.30%
    GREELEY, CO (FHA|USDA|VA) 4 $1,150,000 $287,500 $7,161 4.16%
    BILLINGS, MT (FHA|USDA|VA) 2 $980,000 $490,000 $4,851 4.25%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $950,000 $475,000 $4,521 4.44%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $855,000 $855,000 $11,294 5.28%
    FORT COLLINS, CO (FHA|USDA|VA) 2 $830,000 $415,000 $6,375 4.50%
    Durango, CO (FHA|USDA|VA) 1 $295,000 $295,000 $2,693 4.88%
    Riverton, WY (FHA|USDA|VA) 1 $275,000 $275,000 $4,895 4.25%
    Helena, MT (FHA|USDA|VA) 1 $225,000 $225,000 $5,538 4.63%
    Evanston, WY (FHA|USDA|VA) 1 $215,000 $215,000 $0 5.50%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $195,000 $195,000 $4,134 5.25%
    Sheridan, WY (FHA|USDA|VA) 1 $165,000 $165,000 $4,419 4.63%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $135,000 $135,000 $3,628 3.75%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $125,000 $125,000 $3,041 4.50%
    Scottsbluff, NE (FHA|USDA|VA) 1 $75,000 $75,000 $2,505 4.75%
    Jonah Bank Of Wyoming's top markets include Cheyenne, Laramie, Casper, Greeley, and Billings among others.

    Their top states include:
  • Wyoming (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Montana (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Arizona (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: 96
    Blue Federal Credit Union
    Similarity Rank: 361
    WESTERN VISTA
    Similarity Rank: 407
    PARTNERS UNITED FINANCIAL, LLC
    Similarity Rank: 684
    Jonah Bank of Wyoming
    Similarity Rank: 792
    Colonial Savings, F.A.
    Similarity Rank: 1272
    CENTENNIAL LENDING, LLC
    Similarity Rank: 1353
    FIRST COMMUNITY MORTGAGE, INC.
    Similarity Rank: 2256
    Premier Home Mortgage Inc.
    Similarity Rank: 3136
    U.S. Bank
    Similarity Rank: 4105

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 545 $99,795,000 $183,110 $4,457 4.62%
    VA 116 $31,580,000 $272,241 $5,893 4.02%
    FHA 100 $20,030,000 $200,300 $7,668 4.06%

    For 2018, Jonah Bank Of Wyoming's most frequently originated type of loan was Conventional, with 545 originations. Their 2nd most popular type was VA, with 116 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 679 $135,725,000 $199,890 $5,322 4.42%
    Cash Out Refi 44 $9,280,000 $210,909 $4,440 4.49%
    Refi 34 $5,590,000 $164,412 $2,844 4.69%
    Home Improvement 2 $140,000 $70,000 $0 5.50%
    Other 2 $670,000 $335,000 $5,268 4.19%

    For 2018, Jonah Bank Of Wyoming's most frequently cited loan purpose was Home Purchase, with 679 originations. The 2nd most popular reason was Cash Out Refi, with 44 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 591 $128,005,000 $216,591 $5,244 4.41%
    10 Year 54 $930,000 $17,222 $2,957 3.93%
    15 Year 52 $11,790,000 $226,731 $4,317 4.17%
    1 Year 32 $3,600,000 $112,500 $0 5.45%
    20 Year 14 $2,760,000 $197,143 $3,574 4.86%
    Other 14 $3,870,000 $276,429 $4,508 5.58%
    5 Year 4 $450,000 $112,500 $0 5.56%

    For 2018, Jonah Bank Of Wyoming's most frequently cited loan duration was 30 Year, with 591 originations. The 2nd most popular length was 10 Year, with 54 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $2k-3k 229 $46,335,000 $202,336
    $<1k 214 $31,150,000 $145,561
    $1k-2k 114 $18,100,000 $158,772
    $3k-4k 108 $30,440,000 $281,852
    $4k-5k 34 $12,470,000 $366,765
    $5k+ 17 $7,475,000 $439,706

    Jonah Bank Of Wyoming's average total fees were $5,244, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 229 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 378 $88,420,000 $233,915
    3-4% 226 $43,060,000 $190,531
    5-6% 110 $18,930,000 $172,091
    6-7% 3 $505,000 $168,333
    2.5-3% 1 $235,000 $235,000

    During 2018, Jonah Bank Of Wyoming's average interest rate for loans was 4.41%, while their most frequently originated rate bucket for loans was 4-5%, with 378 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 332 $89,720,000 $270,241 $5,601 4.33%
    $100k-200k 264 $41,820,000 $158,409 $3,653 4.58%
    $100,000 or less 131 $3,445,000 $26,298 $2,427 4.43%
    $400k-600k 31 $13,945,000 $449,839 $9,056 4.43%
    $600k-1MM 3 $2,475,000 $825,000 $9,536 4.93%

    2018 saw Jonah Bank Of Wyoming place emphasis on $200k-400k loans with 332 originations, totaling $89,720,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 242 $40,530,000 $167,479 $4,839 4.32%
    $50k or less 144 $17,820,000 $123,750 $4,053 4.34%
    $75k-100k 131 $30,435,000 $232,328 $5,259 4.40%
    $100k-150k 105 $29,695,000 $282,810 $5,991 4.35%
    $150k-250k 66 $17,850,000 $270,455 $5,024 4.55%
    $250k+ 25 $8,655,000 $346,200 $5,431 4.71%

    Jonah Bank Of Wyoming lent most frequently to those with incomes in the $50k-75k range, with 242 originations. The second most popular income band? $50k or less, with 144 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 152 $31,390,000 $206,513 $4,707 4.36%
    30-36% 135 $25,685,000 $190,259 $4,486 4.48%
    44% 42 $6,220,000 $148,095 $5,465 4.24%
    39% 41 $7,495,000 $182,805 $4,762 4.38%
    42% 36 $5,790,000 $160,833 $4,778 4.22%
    <20% 35 $7,225,000 $206,429 $3,931 4.67%
    41% 34 $8,030,000 $236,176 $6,007 4.27%
    43% 30 $5,220,000 $174,000 $5,238 4.35%
    40% 29 $6,075,000 $209,483 $5,269 4.46%
    38% 26 $5,250,000 $201,923 $4,630 4.49%
    37% 26 $5,190,000 $199,615 $5,663 4.08%
    50-60% 23 $6,155,000 $267,609 $7,124 4.23%
    36% 22 $4,070,000 $185,000 $4,600 4.36%
    49% 22 $4,300,000 $195,455 $5,212 4.41%
    47% 20 $5,760,000 $288,000 $6,373 4.29%
    45% 15 $4,175,000 $278,333 $6,635 4.21%
    46% 15 $3,455,000 $230,333 $6,097 4.37%
    48% 15 $4,505,000 $300,333 $6,252 4.33%
    >60% 3 $485,000 $161,667 $2,108 5.95%

    Jonah Bank Of Wyoming lent most frequently to those with DTI ratios of 20-30%, with 152 originations. The next most common DTI ratio? 30-36%, with 135 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 678 $137,980,000 $203,510 $5,077 4.38%
    Not provided 25 $4,865,000 $194,600 $4,821 4.47%
    Not applicable 39 $4,785,000 $122,692 $0 5.50%
    Asian 11 $2,025,000 $184,091 $6,325 4.44%
    Black 5 $1,245,000 $249,000 $5,460 4.35%
    American Indian 1 $295,000 $295,000 $10,336 4.13%
    Native Hawaiian or Islander 2 $210,000 $105,000 $0 3.81%

    Approval Rates

    Total approvals of all applications
    97.72%

    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
    92.77%

    Jonah Bank Of Wyoming has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 761 $151,405,000 $198,955

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $525,000 $525,000
    Single Family (1-4 Units):Manufactured 12 $1,970,000 $164,167
    Single Family (1-4 Units):Site-Built 748 $148,910,000 $199,078

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 16 $2,590,000 $161,875 $2,970 4.41%
    40-60% 34 $6,040,000 $177,647 $3,500 4.61%
    60-80% 179 $38,335,000 $214,162 $4,389 4.75%
    80-100% 400 $93,200,000 $233,000 $5,223 4.39%
    Over 100% 35 $10,295,000 $294,143 $9,295 4.01%
    Under 20% 96 $800,000 $8,333 $2,368 3.98%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Jonah Bank of Wyoming 777 West First Street Casper, WY 82601 Full Service B&M $120,376
    Jonah Bank of Wyoming 2015 Central Avenue Cheyenne, WY 82001 Full Service B&M $27,453
    Jonah Bank of Wyoming 205 Storey Blvd Cheyenne, WY 82009 Full Service B&M $68,022
    Jonah Bank of Wyoming 3730 Esat Second Street Casper, WY 82609 Full Service B&M $48,179

    For 2018, Jonah Bank Of Wyoming had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $13,293
    Net interest income $12,391
    Total noninterest income $4,126
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $135
    Trading account gains and fees $0
    Additional Noninterest Income $3,991
    Pre-tax net operating income $5,858
    Securities gains (or losses, -) $-4
    Income before extraordinary items $4,726
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $4,726
    Minority interest net income $0
    Net income $4,726
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $4,729

    Jonah Bank Of Wyoming's gross interest income from loans was $13,293,000.
    Jonah Bank Of Wyoming's net interest income from loans was $12,391,000.
    Jonah Bank Of Wyoming's fee based income from loans was $135,000.
    Jonah Bank Of Wyoming's net income from loans was $4,726,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $902
    Provision for credit losses $80
    Total noninterest expense $10,579
    Salaries and employee benefits $7,128
    Premises and equipment expense $1,298
    Additional noninterest expense $2,153
    Applicable income taxes $1,128
    Net charge-offs $-21
    Cash dividends $3,000

    Jonah Bank Of Wyoming's interest expense for loans was $902,000.
    Jonah Bank Of Wyoming's payroll and benefits expense were $7,128,000.
    Jonah Bank Of Wyoming's property, plant and equipment expenses $1,298,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    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 5.0%
    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 $283,989
    Deposits held in domestic offices $283,989
    Deposits by Individuals, partnerships, and corporations $268,578
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $15,411
    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 $144,732
    Demand deposits $97,257
    Nontransaction accounts $139,257
    Money market deposit accounts (MMDAs) $11,804
    Other savings deposits (excluding MMDAs) $107,270
    Total time deposits $20,183
    Total time and savings deposits $186,732
    Noninterest-bearing deposits $97,257
    Interest-bearing deposits $186,732
    Retail deposits $270,271
    IRAs and Keogh plan accounts $0
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $328,082
    Cash & Balances due from depository institutions $29,235
    Interest-bearing balances $22,645
    Total securities $48,194
    Federal funds sold & reverse repurchase $3,500
    Net loans and leases $228,030
    Loan and leases loss allowance $3,527
    Trading account assets $0
    Bank premises and fixed assets $8,477
    Other real estate owned $575
    Goodwill and other intangibles $0
    All other assets $10,071

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $328,082
    Total Liabilities $295,330
    Total deposits $283,989
    Interest-bearing deposits $186,732
    Deposits held in domestic offices $283,989
    % insured (estimated) $54
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $10,000
    Subordinated debt $0
    All other liabilities $1,341

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $228,030
    Loan and leases loss allowance $3,527
    Total loans and leases (domestic) $231,557
    All real estate loans $182,581
    Real estate loans in domestic offices $182,581
    Construction and development loans $17,772
    Residential 1-4 family construction $4,984
    Other construction, all land development and other land $12,788
    Loans secured by nonfarm nonresidential properties $118,449
    Nonfarm nonresidential secured by owner-occupied properties $70,234
    Commercial real estate & other non-farm, non-residential $48,215
    Multifamily residential real estate $6,527
    1-4 family residential loans $30,338
    Farmland loans $9,495
    Loans held in foreign offices $0
    Farm loans $318
    Commercial and industrial loans $45,792
    To non-U.S. addressees $0
    Loans to individuals $1,646
    Credit card loans $662
    Related Plans $353
    Consumer Auto Loans $103
    Other loans to individuals $528
    All other loans & leases $1,970
    Loans to foreign governments and official institutions $0
    Other loans $345
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $5,831
    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 $228,030,000 of loans outstanding in 2018. $182,581,000 of loans were in real estate loans. $17,772,000 of loans were in development loans. $6,527,000 of loans were in multifamily mortgage loans. $30,338,000 of loans were in 1-4 family mortgage loans. $318,000 of loans were in farm loans. $662,000 of loans were in credit card loans. $103,000 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 185 $37,528 $202,854
    Nonfarm, nonresidential loans - <$100k 40 $1,973 $49,325
    Nonfarm, nonresidential loans - $100-250k 64 $9,400 $146,875
    Nonfarm, nonresidential loans - $250k-1MM 81 $26,155 $322,901
    Commercial & Industrial, US addressed loans - <$1MM 260 $19,070 $73,346
    Commercial & Industrial, US addressed loans - <$100k 170 $3,480 $20,471
    Commercial & Industrial, US addressed loans - $100-250k 37 $3,124 $84,432
    Commercial & Industrial, US addressed loans - $250k-1MM 53 $12,466 $235,208
    Farmland loans - <$1MM 12 $1,728 $144,000
    Farmland loans - <$100k 2 $39 $19,500
    Farmland loans - $100-250k 6 $596 $99,333
    Farmland loans - $250k-1MM 4 $1,093 $273,250
    Agriculture operations loans - <$1MM 22 $318 $14,455
    Agriculture operations loans - <$100k 20 $209 $10,450
    Agriculture operations loans - $100-250k 1 $109 $109,000
    Agriculture operations loans - $250k-1MM 1 $0 $0