United Bank & Trust Mortgage Rates, Fees & Info

Marysville, KS

LEI: 549300YGJL5TVDN6LR41

Tax ID: 36-4544942

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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: Topeka, Manhattan, Kansas City, Wichita, and Salina among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

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

    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.

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    Originations

    121

    Origination Dollar Volume (All Markets)

    $19,515,000

    Employee count

    95

    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 101 $10,595,000 $104,901 $0 0.00%
    TOPEKA, KS (FHA|USDA|VA) 8 $6,940,000 $867,500 $0 0.00%
    MANHATTAN, KS (FHA|USDA|VA) 6 $890,000 $148,333 $0 0.00%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $470,000 $235,000 $0 0.00%
    WICHITA, KS (FHA|USDA|VA) 1 $245,000 $245,000 $0 0.00%
    Salina, KS (FHA|USDA|VA) 2 $230,000 $115,000 $0 0.00%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
    United Bank & Trust's top markets include Topeka, Manhattan, Kansas City, Wichita, and Salina among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 121 $19,515,000 $161,281 $0 0.00%

    For 2019, United Bank & Trust's most frequently originated type of loan was Conventional, with 121 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 73 $10,205,000 $139,795 $0 0.00%
    Refi 33 $7,655,000 $231,970 $0 0.00%
    Cash Out Refi 8 $1,340,000 $167,500 $0 0.00%
    Home Improvement 4 $80,000 $20,000 $0 0.00%
    Other 3 $235,000 $78,333 $0 0.00%

    For 2019, United Bank & Trust's most frequently cited loan purpose was Home Purchase, with 73 originations. The 2nd most popular reason was Refi, with 33 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 121 $19,515,000 $161,281 $0 0.00%

    For 2019, United Bank & Trust's most frequently cited loan duration was Other, with 121 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 66 $3,600,000 $54,545 $0 0.00%
    $100k-200k 37 $5,205,000 $140,676 $0 0.00%
    $200k-400k 14 $4,130,000 $295,000 $0 0.00%
    $1MM+ 2 $5,540,000 $2,770,000 $0 0.00%
    $400k-600k 1 $435,000 $435,000 $0 0.00%
    $600k-1MM 1 $605,000 $605,000 $0 0.00%

    2019 saw United Bank & Trust place emphasis on $100,000 or less loans with 66 originations, totaling $3,600,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 28 $1,570,000 $56,071 $0 0.00%
    $50k-75k 25 $2,245,000 $89,800 $0 0.00%
    $100k-150k 24 $4,260,000 $177,500 $0 0.00%
    $75k-100k 15 $1,855,000 $123,667 $0 0.00%
    $150k-250k 9 $1,255,000 $139,444 $0 0.00%
    $250k+ 6 $1,340,000 $223,333 $0 0.00%

    United Bank & Trust lent most frequently to those with incomes in the $50k or less range, with 28 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
    Exempt% 121 $19,515,000 $161,281 $0 0.00%

    United Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 121 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 106 $12,290,000 $115,943 $0 0.00%
    Not applicable 13 $6,875,000 $528,846 $0 0.00%
    Not provided 2 $350,000 $175,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    89.24%

    United Bank & Trust has an average approval rate.

    Pick Rate

    Approvals leading to origination
    85.12%

    United Bank & Trust has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 121 $19,515,000 $161,281

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 3 $1,635,000 $545,000
    Single Family (1-4 Units):Site-Built 118 $17,880,000 $151,525

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    UNITED COMMUNITY BANK Conventional home mortgage Struggling to pay mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    United Bank & Trust 229 C Street Washington, KS 66968 Full Service B&M $24,999
    United Bank & Trust 2010 Lincoln Street Concordia, KS 66901 Full Service B&M $28,237
    United Bank & Trust 300 Fourth Street Linn, KS 66953 Full Service B&M $25,047
    United Bank & Trust 502 Lincoln Ave Clay Center, KS 67432 Full Service B&M $71,838
    United Bank & Trust 502 Main Street Seneca, KS 66538 Full Service B&M $102,927
    United Bank & Trust 203 North 18th Street Marysville, KS 66508 Limited, Drive-thru $0
    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 $8,582
    United Bank & Trust 2000 N. Tuttle Creek Blvd Manhattan, KS 66502 Full Service B&M $0
    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 $11,317
    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 $120,876
    United Bank & Trust 935 Main Street Sabetha, KS 66534 Full Service B&M $65,122

    For 2019, United Bank & Trust had 15 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $26,086
    Net interest income $20,672
    Total noninterest income $2,403
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $803
    Trading account gains and fees $0
    Additional Noninterest Income $1,600
    Pre-tax net operating income $10,637
    Securities gains (or losses, -) $11
    Income before extraordinary items $8,432
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $8,432
    Minority interest net income $0
    Net income $8,432
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $8,423

    United Bank & Trust's gross interest income from loans was $26,086,000.
    United Bank & Trust's net interest income from loans was $20,672,000.
    United Bank & Trust's fee based income from loans was $803,000.
    United Bank & Trust's net income from loans was $8,432,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $5,414
    Provision for credit losses $322
    Total noninterest expense $12,116
    Salaries and employee benefits $6,697
    Premises and equipment expense $1,417
    Additional noninterest expense $4,002
    Applicable income taxes $2,216
    Net charge-offs $-6
    Cash dividends $6,000

    United Bank & Trust's interest expense for loans was $5,414,000.
    United Bank & Trust's payroll and benefits expense were $6,697,000.
    United Bank & Trust's property, plant and equipment expenses $1,417,000.

    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 $482,190
    Deposits held in domestic offices $482,190
    Deposits by Individuals, partnerships, and corporations $371,758
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $69,620
    Deposits by Commercial banks and other depository institutions in U.S. $40,812
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $38,063
    Demand deposits $22,932
    Nontransaction accounts $444,127
    Money market deposit accounts (MMDAs) $37,903
    Other savings deposits (excluding MMDAs) $256,087
    Total time deposits $150,137
    Total time and savings deposits $459,258
    Noninterest-bearing deposits $22,932
    Interest-bearing deposits $459,258
    Retail deposits $459,584
    IRAs and Keogh plan accounts $18,933
    Brokered deposits $10,013
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $628,754
    Cash & Balances due from depository institutions $13,766
    Interest-bearing balances $460
    Total securities $83,415
    Federal funds sold & reverse repurchase $37,186
    Net loans and leases $450,425
    Loan and leases loss allowance $7,256
    Trading account assets $0
    Bank premises and fixed assets $7,406
    Other real estate owned $292
    Goodwill and other intangibles $9,540
    All other assets $26,724

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $628,754
    Total Liabilities $550,047
    Total deposits $482,190
    Interest-bearing deposits $459,258
    Deposits held in domestic offices $482,190
    % insured (estimated) $84
    Federal funds purchased and repurchase agreements $48,880
    Trading liabilities $0
    Other borrowed funds $16,916
    Subordinated debt $0
    All other liabilities $2,061

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $450,425
    Loan and leases loss allowance $7,256
    Total loans and leases (domestic) $457,681
    All real estate loans $298,678
    Real estate loans in domestic offices $298,678
    Construction and development loans $6,257
    Residential 1-4 family construction $2,061
    Other construction, all land development and other land $4,196
    Loans secured by nonfarm nonresidential properties $57,129
    Nonfarm nonresidential secured by owner-occupied properties $24,628
    Commercial real estate & other non-farm, non-residential $32,501
    Multifamily residential real estate $12,492
    1-4 family residential loans $50,574
    Farmland loans $172,226
    Loans held in foreign offices $0
    Farm loans $93,262
    Commercial and industrial loans $44,153
    To non-U.S. addressees $0
    Loans to individuals $10,394
    Credit card loans $0
    Related Plans $50
    Consumer Auto Loans $5,222
    Other loans to individuals $5,122
    All other loans & leases $11,194
    Loans to foreign governments and official institutions $0
    Other loans $422
    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 $450,425,000 of loans outstanding in 2019. $298,678,000 of loans were in real estate loans. $6,257,000 of loans were in development loans. $12,492,000 of loans were in multifamily mortgage loans. $50,574,000 of loans were in 1-4 family mortgage loans. $93,262,000 of loans were in farm loans. $0 of loans were in credit card loans. $5,222,000 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 156 $17,733 $113,673
    Nonfarm, nonresidential loans - <$100k 78 $2,486 $31,872
    Nonfarm, nonresidential loans - $100-250k 48 $4,523 $94,229
    Nonfarm, nonresidential loans - $250k-1MM 30 $10,724 $357,467
    Commercial & Industrial, US addressed loans - <$1MM 467 $22,104 $47,332
    Commercial & Industrial, US addressed loans - <$100k 367 $7,307 $19,910
    Commercial & Industrial, US addressed loans - $100-250k 62 $5,429 $87,565
    Commercial & Industrial, US addressed loans - $250k-1MM 38 $9,368 $246,526
    Farmland loans - <$1MM 585 $76,966 $131,566
    Farmland loans - <$100k 195 $7,243 $37,144
    Farmland loans - $100-250k 259 $34,332 $132,556
    Farmland loans - $250k-1MM 131 $35,391 $270,160
    Agriculture operations loans - <$1MM 988 $49,710 $50,314
    Agriculture operations loans - <$100k 766 $17,885 $23,349
    Agriculture operations loans - $100-250k 161 $17,252 $107,155
    Agriculture operations loans - $250k-1MM 61 $14,573 $238,902