Btc Bank Mortgage Rates, Fees & Info

Bethany, MO

LEI: 549300YXOCZOXWKDIT11

Tax ID: 44-0170910

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

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Mortgage Data

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

    Btc Bank is a smaller bank specializing in Home Purchase and Refi loans. Btc Bank has a high proportion of conventional loans. Their top markets by origination volume include: Sedalia, St. Joseph, Columbia, Springfield, and Kansas City among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Btc Bank 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    Originations

    239

    Origination Dollar Volume (All Markets)

    $20,815,000

    Employee count

    163

    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 165 $13,865,000 $84,030 $0 0.00%
    Sedalia, MO (FHA|USDA|VA) 15 $1,665,000 $111,000 $0 0.00%
    ST. JOSEPH, MO-KS (FHA|USDA|VA) 16 $1,490,000 $93,125 $0 0.00%
    COLUMBIA, MO (FHA|USDA|VA) 21 $1,395,000 $66,429 $0 0.00%
    SPRINGFIELD, MO (FHA|USDA|VA) 7 $865,000 $123,571 $0 0.00%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 9 $825,000 $91,667 $0 0.00%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 3 $295,000 $98,333 $0 0.00%
    Marshall, MO (FHA|USDA|VA) 2 $210,000 $105,000 $0 0.00%
    Maryville, MO (FHA|USDA|VA) 1 $205,000 $205,000 $0 0.00%
    Btc Bank's top markets include Sedalia, St. Joseph, Columbia, Springfield, and Kansas City among others.

    Their top states include:
  • Missouri (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 239 $20,815,000 $87,092 $0 0.00%

    For 2021, Btc Bank's most frequently originated type of loan was Conventional, with 239 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 139 $13,245,000 $95,288 $0 0.00%
    Refi 85 $7,015,000 $82,529 $0 0.00%
    Home Improvement 12 $430,000 $35,833 $0 0.00%
    Other 3 $125,000 $41,667 $0 0.00%

    For 2021, Btc Bank's most frequently cited loan purpose was Home Purchase, with 139 originations. The 2nd most popular reason was Refi, with 85 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 239 $20,815,000 $87,092 $0 0.00%

    For 2021, Btc Bank's most frequently cited loan duration was Other, with 239 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 159 $7,635,000 $48,019 $0 0.00%
    $100k-200k 60 $8,040,000 $134,000 $0 0.00%
    $200k-400k 19 $4,715,000 $248,158 $0 0.00%
    $400k-600k 1 $425,000 $425,000 $0 0.00%

    2021 saw Btc Bank place emphasis on $100,000 or less loans with 159 originations, totaling $7,635,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 69 $3,935,000 $57,029 $0 0.00%
    $50k-75k 46 $3,570,000 $77,609 $0 0.00%
    $100k-150k 33 $4,025,000 $121,970 $0 0.00%
    $75k-100k 33 $3,425,000 $103,788 $0 0.00%
    $150k-250k 23 $2,345,000 $101,957 $0 0.00%
    $250k+ 8 $1,020,000 $127,500 $0 0.00%

    Btc Bank lent most frequently to those with incomes in the $50k or less range, with 69 originations. The second most popular income band? $50k-75k, with 46 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 239 $20,815,000 $87,092 $0 0.00%

    Btc Bank lent most frequently to those with DTI ratios of Exempt%, with 239 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 212 $18,550,000 $87,500 $0 0.00%
    Not applicable 26 $2,240,000 $86,154 $0 0.00%
    Black 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    86.12%

    Btc Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    85.77%

    Btc Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 239 $20,815,000 $87,092

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    239 $20,815,000 $87,092

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Btc Bank 1000 Oklahama Avenue Trenton, MO 64683 Full Service B&M $31,642
    Btc Bank 1000 Oklahoma Ave. Trenton, MO 64683 Full Service B&M $0
    Btc Bank 101 East Us Highway 136 Albany, MO 64402 Full Service B&M $52,095
    Btc Bank 101 West Jackson Street Gallatin, MO 64640 Full Service B&M $57,070
    Btc Bank 114 Central Street Pattonsburg, MO 64670 Full Service B&M $23,208
    Btc Bank 1201-2 North Highway 65 Carrollton, MO 64633 Full Service B&M $40,473
    Btc Bank 1505 South Ash Street Buffalo, MO 65622 Full Service B&M $975
    Btc Bank 2090 East Main Street Lamoni, IA 50140 Full Service B&M $40,109
    Btc Bank 2302 Main Street Boonville, MO 65233 Full Service B&M $29,944
    Btc Bank 31101 Hwy Hh Smithton, MO 65350 Full Service B&M $8,933
    Btc Bank 3606 Miller Street Bethany, MO 64424 Full Service B&M $190,122
    Btc Bank 400 West Old Highway 36 Chillicothe, MO 64601 Full Service B&M $91,913
    Btc Bank 401 West Main Street Maysville, MO 64469 Full Service B&M $25,455
    Btc Bank 593 Clinton Avenue Osborn, MO 64474 Full Service B&M $5,297

    For 2021, Btc Bank had 14 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $26,218
    Net interest income $22,550
    Total noninterest income $5,949
    Gross Fiduciary activities income $20
    Service charges on deposit accounts $565
    Trading account gains and fees $0
    Additional Noninterest Income $5,364
    Pre-tax net operating income $9,146
    Securities gains (or losses, -) $32
    Income before extraordinary items $7,523
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $7,523
    Minority interest net income $0
    Net income $7,523
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $7,496

    Btc Bank's gross interest income from loans was $26,218,000.
    Btc Bank's net interest income from loans was $22,550,000.
    Btc Bank's fee based income from loans was $565,000.
    Btc Bank's net income from loans was $7,523,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,668
    Provision for credit losses $900
    Total noninterest expense $18,453
    Salaries and employee benefits $9,869
    Premises and equipment expense $3,546
    Additional noninterest expense $5,038
    Applicable income taxes $1,655
    Net charge-offs $88
    Cash dividends $19,200

    Btc Bank's interest expense for loans was $3,668,000.
    Btc Bank's payroll and benefits expense were $9,869,000.
    Btc Bank's property, plant and equipment expenses $3,546,000.

    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 $791,283
    Deposits held in domestic offices $791,283
    Deposits by Individuals, partnerships, and corporations $659,960
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $130,317
    Deposits by Commercial banks and other depository institutions in U.S. $1,006
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $341,458
    Demand deposits $225,094
    Nontransaction accounts $449,825
    Money market deposit accounts (MMDAs) $138,940
    Other savings deposits (excluding MMDAs) $119,094
    Total time deposits $191,791
    Total time and savings deposits $566,189
    Noninterest-bearing deposits $192,391
    Interest-bearing deposits $598,892
    Retail deposits $746,383
    IRAs and Keogh plan accounts $22,875
    Brokered deposits $3,170
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $907,625
    Cash & Balances due from depository institutions $87,285
    Interest-bearing balances $75,416
    Total securities $188,208
    Federal funds sold & reverse repurchase $20,002
    Net loans and leases $561,962
    Loan and leases loss allowance $5,157
    Trading account assets $0
    Bank premises and fixed assets $18,641
    Other real estate owned $30
    Goodwill and other intangibles $8,034
    All other assets $23,463

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $907,625
    Total Liabilities $810,270
    Total deposits $791,283
    Interest-bearing deposits $598,892
    Deposits held in domestic offices $791,283
    % insured (estimated) $82
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $15,000
    Subordinated debt $0
    All other liabilities $3,987

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $561,962
    Loan and leases loss allowance $5,157
    Total loans and leases (domestic) $567,119
    All real estate loans $330,747
    Real estate loans in domestic offices $330,747
    Construction and development loans $8,524
    Residential 1-4 family construction $7,230
    Other construction, all land development and other land $1,294
    Loans secured by nonfarm nonresidential properties $28,076
    Nonfarm nonresidential secured by owner-occupied properties $12,430
    Commercial real estate & other non-farm, non-residential $15,646
    Multifamily residential real estate $898
    1-4 family residential loans $85,830
    Farmland loans $207,419
    Loans held in foreign offices $0
    Farm loans $159,808
    Commercial and industrial loans $60,178
    To non-U.S. addressees $0
    Loans to individuals $13,488
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $8,661
    Other loans to individuals $4,827
    All other loans & leases $2,898
    Loans to foreign governments and official institutions $0
    Other loans $350
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $1,600
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $24
    Non 1-4 family restructured loans & leases $24
    Total loans and leases (foreign) $0

    BTC BANK had $561,962,000 of loans outstanding in 2021. $330,747,000 of loans were in real estate loans. $8,524,000 of loans were in development loans. $898,000 of loans were in multifamily mortgage loans. $85,830,000 of loans were in 1-4 family mortgage loans. $159,808,000 of loans were in farm loans. $0 of loans were in credit card loans. $8,661,000 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 135 $16,298 $120,726
    Nonfarm, nonresidential loans - <$100k 65 $2,101 $32,323
    Nonfarm, nonresidential loans - $100-250k 42 $5,266 $125,381
    Nonfarm, nonresidential loans - $250k-1MM 28 $8,931 $318,964
    Commercial & Industrial, US addressed loans - <$1MM 558 $31,802 $56,993
    Commercial & Industrial, US addressed loans - <$100k 412 $9,676 $23,485
    Commercial & Industrial, US addressed loans - $100-250k 103 $11,641 $113,019
    Commercial & Industrial, US addressed loans - $250k-1MM 43 $10,485 $243,837
    Farmland loans - <$1MM 592 $74,809 $126,367
    Farmland loans - <$100k 223 $8,694 $38,987
    Farmland loans - $100-250k 238 $29,428 $123,647
    Farmland loans - $250k-1MM 131 $36,687 $280,053
    Agriculture operations loans - <$1MM 968 $54,868 $56,682
    Agriculture operations loans - <$100k 691 $14,249 $20,621
    Agriculture operations loans - $100-250k 180 $17,903 $99,461
    Agriculture operations loans - $250k-1MM 97 $22,716 $234,186