United Bank & Trust Mortgage Rates, Fees & Info

Marysville, KS

LEI: 549300YGJL5TVDN6LR41

Tax ID: 36-4544942

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

Jump to:

Mortgage Data

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

    United Bank & Trust is a smaller bank specializing in Home Purchase and Refi loans. United Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Manhattan, Topeka, Kansas City, and Salina among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    United Bank & Trust has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. United Bank & Trust is typically a low 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.


    Originations

    125

    Origination Dollar Volume (All Markets)

    $14,955,000

    Employee count

    98

    Awards

    United Bank & Trust 30 Year Conventional Loans gold United Bank & Trust 30 Year Conventional Loans gold
    Show all (2) 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
    Outside of Metro Areas 103 $10,345,000 $100,437 $848 5.31%
    MANHATTAN, KS (FHA|USDA|VA) 12 $2,870,000 $239,167 $3,155 4.84%
    TOPEKA, KS (FHA|USDA|VA) 5 $1,015,000 $203,000 $1,109 5.49%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 4 $690,000 $172,500 $997 5.57%
    Salina, KS (FHA|USDA|VA) 1 $35,000 $35,000 $0 6.00%
    United Bank & Trust's top markets include Manhattan, Topeka, Kansas City, and Salina among others.

    Their top states include:
  • Kansas (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Nebraska (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 125 $14,955,000 $119,640 $1,071 5.28%

    For 2018, United Bank & Trust's most frequently originated type of loan was Conventional, with 125 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 67 $9,535,000 $142,313 $1,079 5.23%
    Refi 47 $4,485,000 $95,426 $900 5.42%
    Cash Out Refi 6 $640,000 $106,667 $1,757 4.77%
    Home Improvement 5 $295,000 $59,000 $1,233 5.32%

    For 2018, United Bank & Trust's most frequently cited loan purpose was Home Purchase, with 67 originations. The 2nd most popular reason was Refi, with 47 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 46 $7,680,000 $166,957 $1,187 5.00%
    20 Year 33 $2,535,000 $76,818 $611 5.44%
    15 Year 20 $1,240,000 $62,000 $2,374 5.36%
    Other 10 $1,810,000 $181,000 $548 5.37%
    10 Year 8 $620,000 $77,500 $360 5.56%
    5 Year 6 $670,000 $111,667 $328 5.56%
    1 Year 1 $125,000 $125,000 $0 5.75%
    3 Year 1 $275,000 $275,000 $0 6.00%

    For 2018, United Bank & Trust's most frequently cited loan duration was 30 Year, with 46 originations. The 2nd most popular length was 20 Year, with 33 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 79 $8,715,000 $110,316
    $2k-3k 3 $245,000 $81,667
    $5k+ 2 $600,000 $300,000
    $1k-2k 1 $125,000 $125,000
    $3k-4k 1 $335,000 $335,000

    United Bank & Trust's average total fees were $1,187, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 79 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 79 $7,545,000 $95,506
    4-5% 36 $6,520,000 $181,111
    6-7% 8 $290,000 $36,250
    3-4% 2 $600,000 $300,000

    During 2018, United Bank & Trust's average interest rate for loans was 5.00%, while their most frequently originated rate bucket for loans was 5-6%, with 79 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 77 $4,135,000 $53,701 $773 5.44%
    $100k-200k 32 $4,830,000 $150,938 $896 5.14%
    $200k-400k 11 $3,115,000 $283,182 $3,344 4.68%
    $400k-600k 3 $1,465,000 $488,333 $579 4.90%
    $600k-1MM 2 $1,410,000 $705,000 $0 5.28%

    2018 saw United Bank & Trust place emphasis on $100,000 or less loans with 77 originations, totaling $4,135,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 26 $4,100,000 $157,692 $828 5.27%
    $50k-75k 25 $1,655,000 $66,200 $1,037 5.21%
    $50k or less 24 $1,530,000 $63,750 $642 5.36%
    $75k-100k 19 $2,025,000 $106,579 $1,309 5.24%
    $150k-250k 11 $2,295,000 $208,636 $2,393 5.12%
    $250k+ 1 $315,000 $315,000 $6,309 3.88%

    United Bank & Trust lent most frequently to those with incomes in the $100k-150k range, with 26 originations. The second most popular income band? $50k-75k, with 25 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 35 $3,245,000 $92,714 $1,058 5.11%
    30-36% 11 $1,515,000 $137,727 $2,228 4.85%
    <20% 10 $960,000 $96,000 $1,712 5.00%
    36% 1 $75,000 $75,000 $910 5.40%
    39% 1 $105,000 $105,000 $1,678 4.63%

    United Bank & Trust lent most frequently to those with DTI ratios of 20-30%, with 35 originations. The next most common DTI ratio? 30-36%, with 11 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 111 $12,435,000 $112,027 $1,071 5.26%
    Not applicable 14 $2,520,000 $180,000 $0 5.49%

    Approval Rates

    Total approvals of all applications
    90.38%

    United Bank & Trust has an average approval rate.

    Pick Rate

    Approvals leading to origination
    87.20%

    United Bank & Trust has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 125 $14,955,000 $119,640

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 5 $1,395,000 $279,000
    Single Family (1-4 Units):Site-Built 120 $13,560,000 $113,000

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 10 $1,120,000 $112,000 $293 5.58%
    40-60% 15 $2,595,000 $173,000 $777 5.19%
    60-80% 51 $6,185,000 $121,275 $1,391 5.21%
    80-100% 35 $4,285,000 $122,429 $995 5.18%
    Over 100% 1 $125,000 $125,000 $0 5.75%
    Under 20% 10 $480,000 $48,000 $328 5.67%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    UNITED COMMUNITY BANK Other type of mortgage Trouble during payment process 1 25.0%
    UNITED COMMUNITY BANK Conventional home mortgage Trouble during payment process 1 25.0%
    UNITED COMMUNITY BANK Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 25.0%
    UNITED COMMUNITY BANK Other type of mortgage Struggling to pay mortgage 1 25.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    United Bank & Trust 502 Main Street Seneca, KS 66538 Full Service B&M $104,219
    United Bank & Trust 511 Paramount St Sabetha, KS 66534 Limited, Mobile/Seasonal Office $0
    United Bank & Trust 602 North Street Seneca, KS 66538 Limited, Drive-thru $0
    United Bank & Trust 722 Main Street Beattie, KS 66406 Full Service B&M $11,175
    United Bank & Trust 105 Washington Avenue Sabetha, KS 66534 Limited, Drive-thru $0
    United Bank & Trust 1800 Claflin Road Manhattan, KS 66502 Full Service B&M $11,002
    United Bank & Trust 2000 N. Tuttle Creek Blvd Manhattan, KS 66502 Full Service B&M $0
    United Bank & Trust 2010 Lincoln Street Concordia, KS 66901 Full Service B&M $29,676
    United Bank & Trust 203 North 18th Street Marysville, KS 66508 Limited, Drive-thru $0
    United Bank & Trust 229 C Street Washington, KS 66968 Full Service B&M $25,539
    United Bank & Trust 300 Fourth Street Linn, KS 66953 Full Service B&M $23,145
    United Bank & Trust 502 Lincoln Ave Clay Center, KS 67432 Full Service B&M $74,698
    United Bank & Trust 726 West Crawford Clay Center, KS 67432 Limited, Drive-thru $0
    United Bank & Trust 823 Broadway Marysville, KS 66508 Full Service B&M $116,888
    United Bank & Trust 935 Main Street Sabetha, KS 66534 Full Service B&M $68,827

    For 2018, United Bank & Trust had 15 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $24,278
    Net interest income $20,276
    Total noninterest income $1,891
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $793
    Trading account gains and fees $0
    Additional Noninterest Income $1,098
    Pre-tax net operating income $9,853
    Securities gains (or losses, -) $10
    Income before extraordinary items $7,827
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $7,827
    Minority interest net income $0
    Net income $7,827
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $7,819

    United Bank & Trust's gross interest income from loans was $24,278,000.
    United Bank & Trust's net interest income from loans was $20,276,000.
    United Bank & Trust's fee based income from loans was $793,000.
    United Bank & Trust's net income from loans was $7,827,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $4,002
    Provision for credit losses $307
    Total noninterest expense $12,007
    Salaries and employee benefits $6,625
    Premises and equipment expense $1,479
    Additional noninterest expense $3,903
    Applicable income taxes $2,036
    Net charge-offs $23
    Cash dividends $5,000

    United Bank & Trust's interest expense for loans was $4,002,000.
    United Bank & Trust's payroll and benefits expense were $6,625,000.
    United Bank & Trust's property, plant and equipment expenses $1,479,000.

    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 $483,429
    Deposits held in domestic offices $483,429
    Deposits by Individuals, partnerships, and corporations $361,427
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $75,204
    Deposits by Commercial banks and other depository institutions in U.S. $46,798
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $35,709
    Demand deposits $20,757
    Nontransaction accounts $447,720
    Money market deposit accounts (MMDAs) $50,387
    Other savings deposits (excluding MMDAs) $240,311
    Total time deposits $157,022
    Total time and savings deposits $462,672
    Noninterest-bearing deposits $20,757
    Interest-bearing deposits $462,672
    Retail deposits $463,960
    IRAs and Keogh plan accounts $19,364
    Brokered deposits $10,016
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $627,476
    Cash & Balances due from depository institutions $35,742
    Interest-bearing balances $23,151
    Total securities $86,527
    Federal funds sold & reverse repurchase $14,346
    Net loans and leases $448,616
    Loan and leases loss allowance $6,928
    Trading account assets $0
    Bank premises and fixed assets $7,703
    Other real estate owned $1,749
    Goodwill and other intangibles $9,540
    All other assets $23,253

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $627,476
    Total Liabilities $552,506
    Total deposits $483,429
    Interest-bearing deposits $462,672
    Deposits held in domestic offices $483,429
    % insured (estimated) $83
    Federal funds purchased and repurchase agreements $43,883
    Trading liabilities $0
    Other borrowed funds $23,789
    Subordinated debt $0
    All other liabilities $1,405

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $448,616
    Loan and leases loss allowance $6,928
    Total loans and leases (domestic) $455,544
    All real estate loans $300,803
    Real estate loans in domestic offices $300,803
    Construction and development loans $6,963
    Residential 1-4 family construction $3,217
    Other construction, all land development and other land $3,746
    Loans secured by nonfarm nonresidential properties $63,241
    Nonfarm nonresidential secured by owner-occupied properties $26,838
    Commercial real estate & other non-farm, non-residential $36,403
    Multifamily residential real estate $12,741
    1-4 family residential loans $50,671
    Farmland loans $167,187
    Loans held in foreign offices $0
    Farm loans $89,941
    Commercial and industrial loans $42,024
    To non-U.S. addressees $0
    Loans to individuals $10,929
    Credit card loans $0
    Related Plans $53
    Consumer Auto Loans $5,381
    Other loans to individuals $5,495
    All other loans & leases $11,847
    Loans to foreign governments and official institutions $0
    Other loans $241
    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

    United Bank & Trust had $448,616,000 of loans outstanding in 2018. $300,803,000 of loans were in real estate loans. $6,963,000 of loans were in development loans. $12,741,000 of loans were in multifamily mortgage loans. $50,671,000 of loans were in 1-4 family mortgage loans. $89,941,000 of loans were in farm loans. $0 of loans were in credit card loans. $5,381,000 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 170 $17,812 $104,776
    Nonfarm, nonresidential loans - <$100k 91 $2,950 $32,418
    Nonfarm, nonresidential loans - $100-250k 54 $5,602 $103,741
    Nonfarm, nonresidential loans - $250k-1MM 25 $9,260 $370,400
    Commercial & Industrial, US addressed loans - <$1MM 480 $21,837 $45,494
    Commercial & Industrial, US addressed loans - <$100k 383 $7,508 $19,603
    Commercial & Industrial, US addressed loans - $100-250k 58 $4,935 $85,086
    Commercial & Industrial, US addressed loans - $250k-1MM 39 $9,394 $240,872
    Farmland loans - <$1MM 570 $76,134 $133,568
    Farmland loans - <$100k 194 $7,785 $40,129
    Farmland loans - $100-250k 255 $33,626 $131,867
    Farmland loans - $250k-1MM 121 $34,723 $286,967
    Agriculture operations loans - <$1MM 1,005 $49,638 $49,391
    Agriculture operations loans - <$100k 785 $18,957 $24,149
    Agriculture operations loans - $100-250k 158 $17,430 $110,316
    Agriculture operations loans - $250k-1MM 62 $13,251 $213,726