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, Fort Collins, and Greeley among others. We have data for 17 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% 11/17/24
    30 Year Conventional Purchase 5.92% 11/17/24
    30 Year Conventional Refi 6.16% 11/17/24
    30 Year Cash-out Refi 6.57% 11/17/24
    30 Year FHA Purchase 6.80% 11/17/24
    30 Year FHA Refi 6.96% 11/17/24
    30 Year VA Purchase 5.79% 11/17/24
    30 Year VA Refi 5.70% 11/17/24
    15 Year Conventional Purchase 5.88% 11/17/24
    15 Year Conventional Refi 5.89% 11/17/24
    15 Year Cash-out Refi 5.89% 11/17/24
    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

    812

    Origination Dollar Volume (All Markets)

    $184,760,000

    Employee count

    76 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) 399 $97,685,000 $244,825 $5,376 4.07%
    Laramie, WY (FHA|USDA|VA) 207 $40,235,000 $194,372 $5,310 3.83%
    CASPER, WY (FHA|USDA|VA) 154 $35,280,000 $229,091 $5,199 4.14%
    Outside of Metro Areas 23 $3,835,000 $166,739 $4,513 4.10%
    FORT COLLINS, CO (FHA|USDA|VA) 6 $1,940,000 $323,333 $4,285 4.40%
    GREELEY, CO (FHA|USDA|VA) 4 $1,270,000 $317,500 $4,287 3.91%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $910,000 $455,000 $3,612 3.75%
    Sheridan, WY (FHA|USDA|VA) 5 $805,000 $161,000 $6,557 4.30%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 2 $770,000 $385,000 $9,353 3.69%
    Rock Springs, WY (FHA|USDA|VA) 3 $495,000 $165,000 $4,727 3.50%
    RAPID CITY, SD (FHA|USDA|VA) 1 $395,000 $395,000 $675 3.38%
    Riverton, WY (FHA|USDA|VA) 1 $305,000 $305,000 $5,819 4.00%
    BOULDER, CO (FHA|USDA|VA) 1 $255,000 $255,000 $4,677 3.88%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $185,000 $185,000 $4,180 3.00%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $135,000 $135,000 $2,554 3.63%
    TUCSON, AZ (FHA|USDA|VA) 1 $135,000 $135,000 $3,967 4.63%
    Scottsbluff, NE (FHA|USDA|VA) 1 $125,000 $125,000 $5,128 3.88%
    Jonah Bank Of Wyoming's top markets include Cheyenne, Laramie, Casper, Fort Collins, and Greeley among others.

    Their top states include:
  • Wyoming (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Montana (FHA|USDA|VA)
  • South Dakota (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: 294
    Blue Federal Credit Union
    Similarity Rank: 324
    WESTERN VISTA
    Similarity Rank: 369
    Jonah Bank of Wyoming
    Similarity Rank: 1173
    PARTNERS UNITED FINANCIAL, LLC
    Similarity Rank: 1280
    FIRST COMMUNITY MORTGAGE, INC.
    Similarity Rank: 1530
    CENTENNIAL LENDING, LLC
    Similarity Rank: 1598
    Colonial Savings, F.A.
    Similarity Rank: 2106
    AMCAP MORTGAGE, LTD.
    Similarity Rank: 3300
    Low VA Rates, LLC
    Similarity Rank: 5013

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 550 $114,770,000 $208,673 $4,615 4.30%
    VA 164 $49,030,000 $298,963 $5,706 3.40%
    FHA 98 $20,960,000 $213,878 $8,290 3.59%

    For 2019, Jonah Bank Of Wyoming's most frequently originated type of loan was Conventional, with 550 originations. Their 2nd most popular type was VA, with 164 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 663 $148,125,000 $223,416 $5,690 4.03%
    Refi 84 $22,740,000 $270,714 $3,716 3.68%
    Cash Out Refi 54 $12,450,000 $230,556 $4,313 4.15%
    Home Improvement 7 $745,000 $106,429 $931 5.85%
    Other 4 $700,000 $175,000 $3,235 4.31%

    For 2019, Jonah Bank Of Wyoming's most frequently cited loan purpose was Home Purchase, with 663 originations. The 2nd most popular reason was Refi, with 84 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 646 $158,120,000 $244,768 $5,485 3.83%
    10 Year 38 $1,170,000 $30,789 $5,145 3.65%
    15 Year 36 $7,220,000 $200,556 $3,812 3.82%
    1 Year 35 $4,405,000 $125,857 $0 5.85%
    Other 27 $5,455,000 $202,037 $2,323 5.89%
    20 Year 25 $4,195,000 $167,800 $3,877 4.53%
    5 Year 4 $530,000 $132,500 $0 6.06%
    3 Year 1 $3,665,000 $3,665,000 $0 6.13%

    For 2019, Jonah Bank Of Wyoming's most frequently cited loan duration was 30 Year, with 646 originations. The 2nd most popular length was 10 Year, with 38 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 219 $40,705,000 $185,868
    $2k-3k 207 $45,215,000 $218,430
    $3k-4k 136 $38,110,000 $280,221
    $1k-2k 91 $16,635,000 $182,802
    $4k-5k 40 $14,330,000 $358,250
    $5k+ 24 $12,360,000 $515,000

    Jonah Bank Of Wyoming's average total fees were $5,485, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 219 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 440 $104,950,000 $238,523
    4-5% 174 $42,380,000 $243,563
    5-6% 71 $10,245,000 $144,296
    2.5-3% 65 $18,825,000 $289,615
    6-7% 23 $7,975,000 $346,739
    7-8% 2 $170,000 $85,000

    During 2019, Jonah Bank Of Wyoming's average interest rate for loans was 3.83%, while their most frequently originated rate bucket for loans was 3-4%, with 440 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 383 $105,825,000 $276,305 $5,617 3.82%
    $100k-200k 246 $39,400,000 $160,163 $3,946 4.21%
    $100,000 or less 116 $3,780,000 $32,586 $2,025 4.51%
    $400k-600k 62 $28,120,000 $453,548 $7,331 3.79%
    $1MM+ 3 $6,175,000 $2,058,333 $12,524 5.07%
    $600k-1MM 2 $1,460,000 $730,000 $10,004 3.91%

    2019 saw Jonah Bank Of Wyoming place emphasis on $200k-400k loans with 383 originations, totaling $105,825,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 249 $44,235,000 $177,651 $5,049 3.80%
    $100k-150k 146 $42,750,000 $292,808 $5,717 4.07%
    $75k-100k 132 $32,740,000 $248,030 $6,051 3.86%
    $50k or less 111 $15,875,000 $143,018 $4,289 3.83%
    $150k-250k 74 $22,130,000 $299,054 $5,133 4.05%
    $250k+ 19 $11,035,000 $580,789 $6,530 4.66%

    Jonah Bank Of Wyoming lent most frequently to those with incomes in the $50k-75k range, with 249 originations. The second most popular income band? $100k-150k, with 146 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 154 $35,880,000 $232,987 $5,009 3.96%
    20-30% 120 $32,030,000 $266,917 $5,177 3.85%
    42% 45 $7,815,000 $173,667 $4,705 3.93%
    <20% 43 $9,245,000 $215,000 $3,878 4.01%
    41% 41 $8,545,000 $208,415 $4,929 3.85%
    40% 36 $7,950,000 $220,833 $5,349 4.09%
    38% 35 $7,005,000 $200,143 $4,652 3.90%
    44% 34 $8,170,000 $240,294 $6,589 3.77%
    39% 34 $7,590,000 $223,235 $4,942 4.16%
    36% 30 $6,660,000 $222,000 $5,236 4.04%
    50-60% 30 $7,590,000 $253,000 $9,221 3.88%
    43% 28 $5,310,000 $189,643 $5,501 3.88%
    37% 27 $5,725,000 $212,037 $5,697 3.77%
    46% 19 $5,315,000 $279,737 $5,656 3.68%
    45% 18 $4,230,000 $235,000 $5,710 3.98%
    49% 16 $4,000,000 $250,000 $5,875 4.01%
    47% 14 $3,530,000 $252,143 $5,965 3.71%
    48% 10 $2,510,000 $251,000 $5,018 4.15%
    >60% 1 $425,000 $425,000 $13,584 2.88%

    Jonah Bank Of Wyoming lent most frequently to those with DTI ratios of 30-36%, with 154 originations. The next most common DTI ratio? 20-30%, with 120 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 721 $168,655,000 $233,918 $5,280 3.90%
    Not applicable 50 $7,200,000 $144,000 $0 5.89%
    Asian 17 $3,865,000 $227,353 $5,270 3.74%
    Not provided 19 $3,695,000 $194,474 $4,729 3.70%
    American Indian 3 $935,000 $311,667 $12,080 3.96%
    Black 2 $410,000 $205,000 $2,985 3.43%

    Approval Rates

    Total approvals of all applications
    98.35%

    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
    90.15%

    Jonah Bank Of Wyoming has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 812 $184,760,000 $227,537

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 4 $4,450,000 $1,112,500
    Single Family (1-4 Units):Manufactured 14 $3,190,000 $227,857
    Single Family (1-4 Units):Site-Built 794 $177,120,000 $223,073

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 22 $2,480,000 $112,727 $2,389 4.78%
    40-60% 41 $7,355,000 $179,390 $3,628 4.45%
    60-80% 179 $39,775,000 $222,207 $4,455 4.48%
    80-100% 434 $115,870,000 $266,982 $5,512 3.85%
    Over 100% 33 $11,225,000 $340,152 $10,445 3.48%
    Under 20% 78 $830,000 $10,641 $1,105 3.96%

    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 $36,651
    Jonah Bank of Wyoming 205 Storey Blvd Cheyenne, WY 82009 Full Service B&M $85,305
    Jonah Bank of Wyoming 3730 Esat Second Street Casper, WY 82609 Full Service B&M $95,159
    Jonah Bank of Wyoming 777 West First Street Casper, WY 82601 Full Service B&M $72,744

    For 2019, Jonah Bank Of Wyoming had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $15,209
    Net interest income $12,961
    Total noninterest income $4,918
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $138
    Trading account gains and fees $0
    Additional Noninterest Income $4,780
    Pre-tax net operating income $6,178
    Securities gains (or losses, -) $21
    Income before extraordinary items $4,919
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $4,919
    Minority interest net income $0
    Net income $4,919
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $4,902

    Jonah Bank Of Wyoming's gross interest income from loans was $15,209,000.
    Jonah Bank Of Wyoming's net interest income from loans was $12,961,000.
    Jonah Bank Of Wyoming's fee based income from loans was $138,000.
    Jonah Bank Of Wyoming's net income from loans was $4,919,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,248
    Provision for credit losses $700
    Total noninterest expense $11,001
    Salaries and employee benefits $7,392
    Premises and equipment expense $1,361
    Additional noninterest expense $2,248
    Applicable income taxes $1,280
    Net charge-offs $7
    Cash dividends $3,700

    Jonah Bank Of Wyoming's interest expense for loans was $2,248,000.
    Jonah Bank Of Wyoming's payroll and benefits expense were $7,392,000.
    Jonah Bank Of Wyoming's property, plant and equipment expenses $1,361,000.

    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 3.0%
    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 $295,772
    Deposits held in domestic offices $295,772
    Deposits by Individuals, partnerships, and corporations $285,532
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $10,240
    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 $192,146
    Demand deposits $163,058
    Nontransaction accounts $103,626
    Money market deposit accounts (MMDAs) $6,951
    Other savings deposits (excluding MMDAs) $75,444
    Total time deposits $21,231
    Total time and savings deposits $132,714
    Noninterest-bearing deposits $99,233
    Interest-bearing deposits $196,539
    Retail deposits $283,834
    IRAs and Keogh plan accounts $0
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $342,417
    Cash & Balances due from depository institutions $31,592
    Interest-bearing balances $25,153
    Total securities $30,048
    Federal funds sold & reverse repurchase $2,000
    Net loans and leases $259,898
    Loan and leases loss allowance $4,220
    Trading account assets $0
    Bank premises and fixed assets $8,399
    Other real estate owned $575
    Goodwill and other intangibles $0
    All other assets $9,905

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $342,417
    Total Liabilities $307,284
    Total deposits $295,772
    Interest-bearing deposits $196,539
    Deposits held in domestic offices $295,772
    % insured (estimated) $55
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $10,000
    Subordinated debt $0
    All other liabilities $1,512

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $259,898
    Loan and leases loss allowance $4,220
    Total loans and leases (domestic) $264,118
    All real estate loans $198,232
    Real estate loans in domestic offices $198,232
    Construction and development loans $15,859
    Residential 1-4 family construction $3,795
    Other construction, all land development and other land $12,064
    Loans secured by nonfarm nonresidential properties $123,891
    Nonfarm nonresidential secured by owner-occupied properties $81,408
    Commercial real estate & other non-farm, non-residential $42,483
    Multifamily residential real estate $10,886
    1-4 family residential loans $37,538
    Farmland loans $10,058
    Loans held in foreign offices $0
    Farm loans $411
    Commercial and industrial loans $62,996
    To non-U.S. addressees $0
    Loans to individuals $1,668
    Credit card loans $715
    Related Plans $485
    Consumer Auto Loans $131
    Other loans to individuals $337
    All other loans & leases $1,626
    Loans to foreign governments and official institutions $0
    Other loans $289
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $6,757
    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 $259,898,000 of loans outstanding in 2019. $198,232,000 of loans were in real estate loans. $15,859,000 of loans were in development loans. $10,886,000 of loans were in multifamily mortgage loans. $37,538,000 of loans were in 1-4 family mortgage loans. $411,000 of loans were in farm loans. $715,000 of loans were in credit card loans. $131,000 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 194 $42,588 $219,526
    Nonfarm, nonresidential loans - <$100k 42 $3,635 $86,548
    Nonfarm, nonresidential loans - $100-250k 61 $8,821 $144,607
    Nonfarm, nonresidential loans - $250k-1MM 91 $30,132 $331,121
    Commercial & Industrial, US addressed loans - <$1MM 265 $14,688 $55,426
    Commercial & Industrial, US addressed loans - <$100k 172 $3,495 $20,320
    Commercial & Industrial, US addressed loans - $100-250k 40 $3,485 $87,125
    Commercial & Industrial, US addressed loans - $250k-1MM 53 $7,708 $145,434
    Farmland loans - <$1MM 15 $2,848 $189,867
    Farmland loans - <$100k 2 $33 $16,500
    Farmland loans - $100-250k 5 $544 $108,800
    Farmland loans - $250k-1MM 8 $2,271 $283,875
    Agriculture operations loans - <$1MM 17 $411 $24,176
    Agriculture operations loans - <$100k 16 $157 $9,813
    Agriculture operations loans - $250k-1MM 1 $254 $254,000