Country Club Bank Mortgage Rates, Fees & Info

Kansas City, MO

LEI: 549300TH6U4UJ37WSG98

Tax ID: 44-0574255

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Country Club Bank is a smaller bank specializing in Home Purchase and Refi loans. Country Club Bank has a high proportion of conventional loans. Their top markets include Kansas City, Stillwater, Dallas, Phoenix, and North Port among others. Country Club Bank 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.


Originations

420

Origination Dollar Volume (All Markets)

$153,480,000

Employee count

426

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
KANSAS CITY, MO-KS (FHA|USDA|VA) 395 $128,675,000 $325,759 $0 0.00%
Stillwater, OK (FHA|USDA|VA) 2 $11,310,000 $5,655,000 $0 0.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $5,920,000 $2,960,000 $0 0.00%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $1,910,000 $955,000 $0 0.00%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $1,875,000 $1,875,000 $0 0.00%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 6 $1,110,000 $185,000 $0 0.00%
Outside of Metro Areas 5 $975,000 $195,000 $0 0.00%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $335,000 $335,000 $0 0.00%
TOPEKA, KS (FHA|USDA|VA) 1 $295,000 $295,000 $0 0.00%
TYLER, TX (FHA|USDA|VA) 1 $265,000 $265,000 $0 0.00%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $235,000 $235,000 $0 0.00%
Ottawa, KS (FHA|USDA|VA) 1 $225,000 $225,000 $0 0.00%
Warrensburg, MO (FHA|USDA|VA) 1 $205,000 $205,000 $0 0.00%
Atchison, KS (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%

Country Club Bank's top markets include Kansas City, Stillwater, Dallas, Phoenix, and North Port among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 418 $152,900,000 $365,789 $0 0.00%
VA 2 $580,000 $290,000 $0 0.00%

For the 2021 period, Country Club Bank's most frequently originated loan type of loans were Conventional, with 418 originations. Their 2nd most popular type is VA, with 2 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 167 $69,105,000 $413,802 $0 0.00%
Refi 137 $46,925,000 $342,518 $0 0.00%
Cash Out Refi 93 $29,345,000 $315,538 $0 0.00%
Home Improvement 12 $3,300,000 $275,000 $0 0.00%
Other 11 $4,805,000 $436,818 $0 0.00%

For the 2021, Country Club Bank's most frequently cited loan purpose of loans were Home Purchase, with 167 originations. The 2nd most popular reason of loans were Refi, with 137 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
Other 420 $153,480,000 $365,429 $0 0.00%

For the 2021, Country Club Bank's most frequently cited loan length of loans were Other, with 420 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 164 $45,840,000 $279,512 $0 0.00%
$100k-200k 120 $17,510,000 $145,917 $0 0.00%
$400k-600k 56 $27,100,000 $483,929 $0 0.00%
$100,000 or less 49 $3,505,000 $71,531 $0 0.00%
$1MM+ 23 $53,605,000 $2,330,652 $0 0.00%
$600k-1MM 8 $5,920,000 $740,000 $0 0.00%

2021 saw Country Club Bank place emphasis on $200k-400k loans with 164 originations, totaling $45,840,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 78 $22,120,000 $283,590 $0 0.00%
$150k-250k 72 $22,330,000 $310,139 $0 0.00%
$250k+ 55 $41,725,000 $758,636 $0 0.00%
$50k-75k 47 $8,085,000 $172,021 $0 0.00%
$75k-100k 46 $10,330,000 $224,565 $0 0.00%
$50k or less 21 $2,635,000 $125,476 $0 0.00%

Country Club Bank lent most frequently to those with incomes in the $100k-150k range, with 78 originations. The second most popular income band? $150k-250k, with 72 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
Exempt% 420 $153,480,000 $365,429 $0 0.00%

Country Club Bank lent most frequently to those with DTI ratios of Exempt%, with 420 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 303 $100,295,000 $331,007 $0 0.00%
Not applicable 83 $42,375,000 $510,542 $0 0.00%
Not provided 22 $7,930,000 $360,455 $0 0.00%
Asian 4 $1,210,000 $302,500 $0 0.00%
Black 6 $840,000 $140,000 $0 0.00%
American Indian 2 $830,000 $415,000 $0 0.00%

Approval Rates

Total approvals of all applications
98.38%

Country Club Bank 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
95.85%

Country Club Bank 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
Exempt 420 $153,480,000 $365,429

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
420 $153,480,000 $365,429

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
CountryPlace Acceptance Corporation VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 7.7%
CountryPlace Acceptance Corporation Conventional home mortgage Trouble during payment process 1 7.7%
CountryPlace Acceptance Corporation FHA mortgage Closing on a mortgage 8 61.5%
CountryPlace Acceptance Corporation FHA mortgage Trouble during payment process 2 15.4%
CountryPlace Acceptance Corporation Other type of mortgage Trouble during payment process 1 7.7%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Country Club Bank 2001 Shawnee Mission Parkway Shawnee Mission, KS 66205 Full Service B&M $108,647
Country Club Bank 1 Ward Pkwy Kansas City, MO 64112 Full Service B&M $267,827
Country Club Bank 100 4 - H Road Lansing, KS 66043 Full Service B&M $23,865
Country Club Bank 1000 W Foxwood Drive Raymore, MO 64083 Full Service B&M $42,037
Country Club Bank 10000 Wornall Road Kansas City, MO 64114 Full Service B&M $3,623
Country Club Bank 1100 Main Street, Suite 200 Kansas City, MO 64105 Full Service B&M $88,342
Country Club Bank 11006 Parallel Parkway Kansas City, KS 66109 Full Service B&M $46,257
Country Club Bank 11181 Overbrook Road Leawood, KS 66211 Full Service B&M $194,951
Country Club Bank 13451 Briar Street Leawood, KS 66209 Full Service B&M $133,208
Country Club Bank 1601-1603 South Commercial Street Harrisonville, MO 64701 Full Service B&M $79,337
Country Club Bank 18675 West 151st Street Olathe, KS 66062 Full Service B&M $54,451
Country Club Bank 8101 Mission Road Shawnee Mission, KS 66208 Full Service B&M $2,553
Country Club Bank 831 Ne Woods Chapel Road Lees Summit, MO 64064 Full Service B&M $23,371
Country Club Bank 9100 Park Lenexa, KS 66215 Full Service B&M $5,524
Country Club Bank 9400 Mission Road Shawnee Mission, KS 66206 Full Service B&M $186,047
Country Club Bank 202 East North Avenue Belton, MO 64012 Full Service B&M $42,203
Country Club Bank 21911 W. 66th Street Shawnee, KS 66226 Full Service B&M $117,701
Country Club Bank 2310 South 4th Street Leavenworth, KS 66048 Full Service B&M $25,516
Country Club Bank 23600 College Boulevard Olathe, KS 66061 Full Service B&M $43,018
Country Club Bank 32 Se 3rd Street Lee's Summit, MO 64063 Full Service B&M $791
Country Club Bank 3501 West 95th Street Shawnee Mission, KS 66206 Full Service B&M $1,555
Country Club Bank 401 Armour Road North Kansas City, MO 64116 Full Service B&M $70,145
Country Club Bank 401 Delaware Street Leavenworth, KS 66048 Full Service B&M $80,787
Country Club Bank 414 Nichols Road Kansas City, MO 64112 Full Service B&M $269,219
Country Club Bank 4301 Madison Kansas City, MO 64111 Full Service B&M $1,468
Country Club Bank 4343 Belleview Avenue Kansas City, MO 64111 Full Service B&M $46,547

For 2021, Country Club Bank had 26 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $66,577
Net interest income $62,726
Total noninterest income $62,330
Gross Fiduciary activities income $14,919
Service charges on deposit accounts $3,112
Trading account gains and fees $19,637
Additional Noninterest Income $24,662
Pre-tax net operating income $34,060
Securities gains (or losses, -) $344
Income before extraordinary items $33,720
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $33,720
Minority interest net income $0
Net income $33,720
Sale, conversion, retirement of capital stock, net $0
Net operating income $33,382

Country Club Bank's gross interest income from loans was $66,577,000.
Country Club Bank's net interest income from loans was $62,726,000.
Country Club Bank's fee based income from loans was $3,112,000.
Country Club Bank's net income from loans was $33,720,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $3,851
Provision for credit losses $2,000
Total noninterest expense $88,996
Salaries and employee benefits $61,711
Premises and equipment expense $6,867
Additional noninterest expense $20,418
Applicable income taxes $684
Net charge-offs $253
Cash dividends $20,000

Country Club Bank's interest expense for loans was $3,851,000.
Country Club Bank's payroll and benefits expense were $61,711,000.
Country Club Bank's property, plant and equipment expenses $6,867,000.

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 $2,164,480
Deposits held in domestic offices $2,164,480
Deposits by Individuals, partnerships, and corporations $2,101,030
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $32,619
Deposits by Commercial banks and other depository institutions in U.S. $30,831
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $256,545
Demand deposits $195,789
Nontransaction accounts $1,907,935
Money market deposit accounts (MMDAs) $655,113
Other savings deposits (excluding MMDAs) $1,088,677
Total time deposits $164,145
Total time and savings deposits $1,968,691
Noninterest-bearing deposits $800,451
Interest-bearing deposits $1,364,030
Retail deposits $2,079,239
IRAs and Keogh plan accounts $16,469
Brokered deposits $46,075
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $2,467,057
Cash & Balances due from depository institutions $272,137
Interest-bearing balances $253,676
Total securities $880,354
Federal funds sold & reverse repurchase $1,145
Net loans and leases $1,219,827
Loan and leases loss allowance $23,187
Trading account assets $20,784
Bank premises and fixed assets $39,720
Other real estate owned $340
Goodwill and other intangibles $14,085
All other assets $18,665

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $2,467,057
Total Liabilities $2,282,214
Total deposits $2,164,480
Interest-bearing deposits $1,364,030
Deposits held in domestic offices $2,164,480
% insured (estimated) $59
Federal funds purchased and repurchase agreements $94,575
Trading liabilities $0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $23,159

Issued Loan Types

Type Value (in 000's)
Net loans and leases $1,219,827
Loan and leases loss allowance $23,187
Total loans and leases (domestic) $1,243,014
All real estate loans $909,362
Real estate loans in domestic offices $909,362
Construction and development loans $102,353
Residential 1-4 family construction $54,881
Other construction, all land development and other land $47,472
Loans secured by nonfarm nonresidential properties $539,912
Nonfarm nonresidential secured by owner-occupied properties $327,242
Commercial real estate & other non-farm, non-residential $212,670
Multifamily residential real estate $72,684
1-4 family residential loans $186,724
Farmland loans $7,689
Loans held in foreign offices $0
Farm loans $869
Commercial and industrial loans $314,881
To non-U.S. addressees $0
Loans to individuals $7,432
Credit card loans $0
Related Plans $37
Consumer Auto Loans $1,518
Other loans to individuals $5,877
All other loans & leases $10,470
Loans to foreign governments and official institutions $0
Other loans $2,092
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $623
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

Country Club Bank had $1,219,827,000 of loans outstanding in 2021. $909,362,000 of loans were in real estate loans. $102,353,000 of loans were in development loans. $72,684,000 of loans were in multifamily mortgage loans. $186,724,000 of loans were in 1-4 family mortgage loans. $869,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,518,000 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 420 $105,605 $251,440
Nonfarm, nonresidential loans - <$100k 73 $2,657 $36,397
Nonfarm, nonresidential loans - $100-250k 124 $15,322 $123,565
Nonfarm, nonresidential loans - $250k-1MM 223 $87,626 $392,942
Commercial & Industrial, US addressed loans - <$1MM 1,438 $124,897 $86,855
Commercial & Industrial, US addressed loans - <$100k 783 $14,664 $18,728
Commercial & Industrial, US addressed loans - $100-250k 334 $28,051 $83,985
Commercial & Industrial, US addressed loans - $250k-1MM 321 $82,182 $256,019
Farmland loans - <$1MM 35 $4,473 $127,800
Farmland loans - <$100k 9 $397 $44,111
Farmland loans - $100-250k 14 $1,536 $109,714
Farmland loans - $250k-1MM 12 $2,540 $211,667
Agriculture operations loans - <$1MM 31 $869 $28,032
Agriculture operations loans - <$100k 25 $174 $6,960
Agriculture operations loans - $100-250k 5 $335 $67,000
Agriculture operations loans - $250k-1MM 1 $360 $360,000