Home Bank And Trust Company Mortgage Rates, Fees & Info

EUREKA, KS

LEI: 549300T73HHIEIUU5F67

Tax ID: 48-0266459

5 stars - out of 5 stars, based on 21 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Home Bank And Trust Company is a smaller bank specializing in Home Purchase and Refi loans. Home Bank And Trust Company has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets include Wichita, Kansas City, Winfield, Phoenix, and Minneapolis among others. Home Bank And Trust Company has an above average approval rate for mortages when compared nationally. They have an above average pick rate when compared to the same sample of other lendors. Home Bank And Trust Company is typically a low fee lendor.


Originations

434

Origination Dollar Volume (All Markets)

$84,080,000

Employee count

31

Awards

HOME BANK AND TRUST COMPANY 30 Year Conventional Loans silver HOME BANK AND TRUST COMPANY 30 Year Conventional Loans bronze HOME BANK AND TRUST COMPANY 30 Year Conventional Loans bronze
Show all (3) awards

Relative Rate

Home Bank And Trust Company's average 30 year fixed rate mortgage of loans were 3.03%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.12%.

Relative Fees

Home Bank And Trust Company's average total fees for a 30 year fixed rate mortgage are $2,496.

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

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
WICHITA, KS (FHA|USDA|VA) 384 $75,100,000 $195,573 $2,348 3.14%
Outside of Metro Areas 26 $3,810,000 $146,538 $2,025 3.36%
KANSAS CITY, MO-KS (FHA|USDA|VA) 6 $1,540,000 $256,667 $1,964 2.75%
Winfield, KS (FHA|USDA|VA) 7 $1,135,000 $162,143 $2,068 2.91%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $445,000 $445,000 $3,573 3.50%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $425,000 $425,000 $3,389 3.13%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $355,000 $355,000 $3,434 3.00%
Hutchinson, KS (FHA|USDA|VA) 1 $305,000 $305,000 $3,000 4.25%
MANHATTAN, KS (FHA|USDA|VA) 2 $260,000 $130,000 $2,038 3.50%
LAWRENCE, KS (FHA|USDA|VA) 1 $225,000 $225,000 $1,705 2.75%
Emporia, KS (FHA|USDA|VA) 1 $185,000 $185,000 $1,175 2.13%
MUNCIE, IN (FHA|USDA|VA) 1 $135,000 $135,000 $1,734 3.00%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $85,000 $85,000 $1,789 3.75%
Ponca City, OK (FHA|USDA|VA) 1 $75,000 $75,000 $2,240 2.63%

Home Bank And Trust Company's top markets include Wichita, Kansas City, Winfield, Phoenix, and Minneapolis among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 433 $83,725,000 $193,360 $2,302 3.15%
FHA 1 $355,000 $355,000 $9,078 2.75%

For the 2021 period, Home Bank And Trust Company's most frequently originated loan type of loans were Conventional, with 433 originations. Their 2nd most popular type is FHA, with 1 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 273 $55,705,000 $204,048 $2,500 3.23%
Refi 92 $18,470,000 $200,761 $2,164 2.85%
Cash Out Refi 65 $9,615,000 $147,923 $1,835 3.15%
Home Improvement 3 $235,000 $78,333 $835 3.83%
Other 1 $55,000 $55,000 $491 4.50%

For the 2021, Home Bank And Trust Company's most frequently cited loan purpose of loans were Home Purchase, with 273 originations. The 2nd most popular reason of loans were Refi, with 92 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 253 $53,615,000 $211,917 $2,496 3.03%
15 Year 84 $12,510,000 $148,929 $2,039 2.89%
Other 56 $12,170,000 $217,321 $2,281 3.84%
20 Year 25 $4,485,000 $179,400 $1,755 3.40%
10 Year 11 $1,185,000 $107,727 $1,343 3.38%
5 Year 5 $115,000 $23,000 $1,454 4.00%

For the 2021, Home Bank And Trust Company's most frequently cited loan length of loans were 30 Year, with 253 originations. The 2nd most popular length of loans were 15 Year, with 84 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 381 $73,255,000 $192,270
$1k-2k 21 $5,445,000 $259,286
$3k-4k 1 $325,000 $325,000

$2,496 of loans were Home Bank And Trust Company's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 381 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 171 $30,915,000 $180,789
2.5-3% 159 $35,285,000 $221,918
<2.5% 73 $14,965,000 $205,000
4-5% 30 $2,670,000 $89,000
5-6% 1 $245,000 $245,000

During 2021, Home Bank And Trust Company's average interest rate of loans were 3.03%, while their most frequently originated rate bucket of loans were 3-4%, with 171 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 169 $25,965,000 $153,639 $2,213 3.08%
$200k-400k 123 $33,665,000 $273,699 $2,672 3.06%
$100,000 or less 111 $7,365,000 $66,351 $1,691 3.42%
$400k-600k 28 $13,980,000 $499,286 $3,363 2.79%
$600k-1MM 2 $1,720,000 $860,000 $3,635 3.69%
$1MM+ 1 $1,385,000 $1,385,000 $0 3.63%

2021 saw Home Bank And Trust Company place emphasis on $100k-200k loans with 169 originations, totaling $25,965,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 89 $19,465,000 $218,708 $2,485 3.05%
$50k-75k 89 $12,625,000 $141,854 $2,168 3.14%
$75k-100k 83 $15,755,000 $189,819 $2,452 3.16%
$50k or less 70 $7,060,000 $100,857 $2,019 3.10%
$150k-250k 50 $12,240,000 $244,800 $2,457 3.20%
$250k+ 40 $13,450,000 $336,250 $2,347 3.06%

Home Bank And Trust Company lent most frequently to those with incomes in the $100k-150k range, with 89 originations. The second most popular income band? $50k-75k, with 89 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 108 $20,520,000 $190,000 $2,198 3.05%
<20% 87 $18,445,000 $212,011 $2,122 2.94%
30-36% 82 $14,620,000 $178,293 $2,322 3.18%
42% 17 $2,785,000 $163,824 $2,049 3.03%
43% 15 $2,595,000 $173,000 $2,251 3.30%
39% 12 $1,890,000 $157,500 $2,247 3.48%
38% 10 $1,720,000 $172,000 $3,063 3.09%
44% 10 $2,130,000 $213,000 $2,014 2.99%
36% 10 $2,550,000 $255,000 $3,468 3.06%
40% 9 $2,245,000 $249,444 $3,236 3.11%
37% 8 $1,390,000 $173,750 $2,699 3.30%
49% 8 $2,470,000 $308,750 $4,249 3.03%
48% 7 $1,135,000 $162,143 $2,014 2.91%
45% 7 $1,265,000 $180,714 $2,075 2.98%
41% 7 $1,505,000 $215,000 $2,447 2.63%
47% 6 $1,110,000 $185,000 $1,930 3.29%
46% 2 $400,000 $200,000 $2,808 3.75%
50-60% 1 $125,000 $125,000 $0 4.50%
>60% 1 $195,000 $195,000 $0 3.38%

Home Bank And Trust Company lent most frequently to those with DTI ratios of 20-30%, with 108 originations. The next most common DTI ratio? <20%, with 87 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 360 $68,690,000 $190,806 $2,312 3.12%
Asian 50 $10,460,000 $209,200 $2,365 3.04%
Not applicable 13 $3,485,000 $268,077 $0 4.15%
Not provided 5 $655,000 $131,000 $2,495 3.90%
Black 5 $565,000 $113,000 $2,262 3.20%
American Indian 1 $225,000 $225,000 $2,495 2.75%

Approval Rates

Total approvals of all applications
98.35%

Home Bank And Trust Company 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
96.03%

Home Bank And Trust Company has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

Points and Fees

Points Originations Total Value Average Loan
2178.0 1 $85,000 $85,000
2397.0 1 $175,000 $175,000
2512.83 1 $195,000 $195,000
2520.0 1 $115,000 $115,000
2521.0 1 $115,000 $115,000
2710.39 1 $165,000 $165,000
2837.0 1 $95,000 $95,000
2841.0 1 $175,000 $175,000
2962.0 1 $195,000 $195,000
3001.0 1 $45,000 $45,000
3013.59 1 $285,000 $285,000
3729.38 1 $395,000 $395,000
3844.5 2 $130,000 $65,000
3852.0 1 $75,000 $75,000
4122.0 1 $75,000 $75,000
4266.5 1 $405,000 $405,000
4381.25 1 $455,000 $455,000
4416.0 1 $85,000 $85,000
4432.71 1 $225,000 $225,000
NA 414 $80,590,000 $194,662

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
434 $84,080,000 $193,733

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 24 $4,140,000 $172,500 $1,770 3.10%
40-60% 45 $12,055,000 $267,889 $2,379 2.89%
60-80% 182 $35,890,000 $197,198 $2,337 3.14%
80-100% 164 $30,760,000 $187,561 $2,524 3.17%
Under 20% 18 $1,040,000 $57,778 $806 3.74%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
HOME BANCSHARES, INC. Conventional home mortgage Trouble during payment process 1 50.0%
HOME BANCSHARES, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 1 50.0%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Home Bank and Trust Company 101 South Main Street Eureka, KS 67045 Limited, Drive-thru $0
Home Bank and Trust Company 10421 West Central Avenue Wichita, KS 67212 Full Service B&M $26,875
Home Bank and Trust Company 1409 N Greenwich Wichita, KS 67206 Full Service B&M $33,649
Home Bank and Trust Company 201 North Kansas Avenue Severy, KS 67137 Full Service B&M $9,552
Home Bank and Trust Company 217 North Main Street Eureka, KS 67045 Full Service B&M $45,158
Home Bank and Trust Company 741 North Fourth Clearwater, KS 67026 Full Service B&M $25,130

For 2021, Home Bank And Trust Company had 6 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $5,096
Net interest income $4,360
Total noninterest income $2,288
Gross Fiduciary activities income $1
Service charges on deposit accounts $177
Trading account gains and fees $0
Additional Noninterest Income $2,110
Pre-tax net operating income $1,893
Securities gains (or losses, -) $0
Income before extraordinary items $1,741
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $1,741
Minority interest net income $0
Net income $1,741
Sale, conversion, retirement of capital stock, net $0
Net operating income $1,741

Home Bank And Trust Company's gross interest income from loans was $5,096,000.
Home Bank And Trust Company's net interest income from loans was $4,360,000.
Home Bank And Trust Company's fee based income from loans was $177,000.
Home Bank And Trust Company's net income from loans was $1,741,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $736
Provision for credit losses $60
Total noninterest expense $4,695
Salaries and employee benefits $2,939
Premises and equipment expense $700
Additional noninterest expense $1,056
Applicable income taxes $152
Net charge-offs $-6
Cash dividends $1,133

Home Bank And Trust Company's interest expense for loans was $736,000.
Home Bank And Trust Company's payroll and benefits expense were $2,939,000.
Home Bank And Trust Company's property, plant and equipment expenses $700,000.

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 $143,947
Deposits held in domestic offices $143,947
Deposits by Individuals, partnerships, and corporations $137,848
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $6,099
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 $61,655
Demand deposits $39,739
Nontransaction accounts $82,292
Money market deposit accounts (MMDAs) $25,035
Other savings deposits (excluding MMDAs) $20,043
Total time deposits $37,214
Total time and savings deposits $104,208
Noninterest-bearing deposits $39,738
Interest-bearing deposits $104,209
Retail deposits $135,692
IRAs and Keogh plan accounts $3,897
Brokered deposits $0
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $154,473
Cash & Balances due from depository institutions $38,972
Interest-bearing balances $37,903
Total securities $6,733
Federal funds sold & reverse repurchase $4,970
Net loans and leases $95,836
Loan and leases loss allowance $1,447
Trading account assets $0
Bank premises and fixed assets $2,900
Other real estate owned $0
Goodwill and other intangibles $0
All other assets $5,062

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $154,473
Total Liabilities $144,205
Total deposits $143,947
Interest-bearing deposits $104,209
Deposits held in domestic offices $143,947
% insured (estimated) $82
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $258

Issued Loan Types

Type Value (in 000's)
Net loans and leases $95,836
Loan and leases loss allowance $1,447
Total loans and leases (domestic) $97,283
All real estate loans $76,443
Real estate loans in domestic offices $76,443
Construction and development loans $5,845
Residential 1-4 family construction $5,126
Other construction, all land development and other land $719
Loans secured by nonfarm nonresidential properties $24,356
Nonfarm nonresidential secured by owner-occupied properties $8,588
Commercial real estate & other non-farm, non-residential $15,768
Multifamily residential real estate $680
1-4 family residential loans $44,648
Farmland loans $914
Loans held in foreign offices $0
Farm loans $3,267
Commercial and industrial loans $12,722
To non-U.S. addressees $0
Loans to individuals $4,851
Credit card loans $0
Related Plans $0
Consumer Auto Loans $2,998
Other loans to individuals $1,853
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

HOME BANK AND TRUST COMPANY had $95,836,000 of loans outstanding in 2021. $76,443,000 of loans were in real estate loans. $5,845,000 of loans were in development loans. $680,000 of loans were in multifamily mortgage loans. $44,648,000 of loans were in 1-4 family mortgage loans. $3,267,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,998,000 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 74 $24,356 $329,135
Nonfarm, nonresidential loans - <$100k 27 $985 $36,481
Nonfarm, nonresidential loans - $100-250k 15 $2,463 $164,200
Nonfarm, nonresidential loans - $250k-1MM 32 $20,908 $653,375
Commercial & Industrial, US addressed loans - <$1MM 136 $12,722 $93,544
Commercial & Industrial, US addressed loans - <$100k 110 $3,353 $30,482
Commercial & Industrial, US addressed loans - $100-250k 16 $2,487 $155,438
Commercial & Industrial, US addressed loans - $250k-1MM 10 $6,882 $688,200
Farmland loans - <$1MM 19 $914 $48,105
Farmland loans - <$100k 19 $914 $48,105
Agriculture operations loans - <$1MM 64 $3,267 $51,047
Agriculture operations loans - <$100k 64 $3,267 $51,047