Kaw Valley Bank Mortgage Rates, Fees & Info

Topeka, KS

LEI: 549300Z4DDTZBW3TC153

Tax ID: 48-0292680

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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

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

    Kaw Valley Bank has an above average approval rate when compared to the average across all lenders. They have an above 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

    142

    Origination Dollar Volume (All Markets)

    $14,540,000

    Employee count

    77

    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
    TOPEKA, KS (FHA|USDA|VA) 134 $13,440,000 $100,299 $1,060 5.44%
    LAWRENCE, KS (FHA|USDA|VA) 5 $755,000 $151,000 $0 5.38%
    Ottawa, KS (FHA|USDA|VA) 1 $225,000 $225,000 $0 0.00%
    Beatrice, NE (FHA|USDA|VA) 1 $85,000 $85,000 $0 0.00%
    Outside of Metro Areas 1 $35,000 $35,000 $0 5.25%
    Kaw Valley Bank's top markets include Topeka, Lawrence, Ottawa, and Beatrice 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 85 $8,845,000 $104,059 $0 0.00%
    Conventional 56 $5,570,000 $99,464 $1,060 5.44%
    HELOC 1 $125,000 $125,000 n/a 5.50%

    For 2018, Kaw Valley Bank's most frequently originated type of loan was Conventional, with 85 originations. Their 2nd most popular type was Conventional, with 56 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 102 $10,360,000 $101,569 $1,713 5.49%
    Home Improvement 21 $1,605,000 $76,429 $743 5.27%
    Refi 18 $2,500,000 $138,889 $719 5.40%
    Other 1 $75,000 $75,000 $1,785 6.00%

    For 2018, Kaw Valley Bank's most frequently cited loan purpose was Home Purchase, with 102 originations. The 2nd most popular reason was Home Improvement, with 21 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 101 $10,385,000 $102,822 $49 5.44%
    20 Year 22 $2,500,000 $113,636 $1,341 5.34%
    15 Year 7 $445,000 $63,571 $1,077 5.43%
    10 Year 4 $630,000 $157,500 $0 5.44%
    1 Year 4 $430,000 $107,500 $0 5.56%
    5 Year 4 $150,000 $37,500 $866 5.88%

    For 2018, Kaw Valley Bank's most frequently cited loan duration was Other, with 101 originations. The 2nd most popular length was 20 Year, with 22 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 18 $1,630,000 $90,556
    $1k-2k 1 $225,000 $225,000

    Kaw Valley Bank's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 18 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 46 $4,590,000 $99,783
    4-5% 7 $895,000 $127,857
    6-7% 4 $210,000 $52,500

    During 2018, Kaw Valley Bank's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 5-6%, with 46 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 92 $4,720,000 $51,304 $902 5.47%
    $100k-200k 34 $4,890,000 $143,824 $1,440 5.48%
    $200k-400k 12 $3,070,000 $255,833 $975 5.17%
    $400k-600k 4 $1,860,000 $465,000 $0 5.25%

    2018 saw Kaw Valley Bank place emphasis on $100,000 or less loans with 92 originations, totaling $4,720,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 26 $1,540,000 $59,231 $896 5.41%
    $50k-75k 16 $1,350,000 $84,375 $1,470 5.32%
    $75k-100k 14 $1,320,000 $94,286 $1,158 5.54%
    $100k-150k 13 $1,285,000 $98,846 $829 5.38%
    $150k-250k 7 $1,075,000 $153,571 $1,851 5.31%
    $250k+ 2 $410,000 $205,000 $0 4.75%

    Kaw Valley Bank lent most frequently to those with incomes in the $50k or less range, with 26 originations. The second most popular income band? $50k-75k, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 85 $8,845,000 $104,059 $0 0.00%
    <20% 7 $325,000 $46,429 $862 5.29%
    30-36% 4 $480,000 $120,000 $1,571 5.25%
    38% 3 $575,000 $191,667 $169 5.33%
    20-30% 3 $295,000 $98,333 $1,122 5.42%
    42% 1 $15,000 $15,000 $0 5.50%
    43% 1 $185,000 $185,000 $2,113 5.50%
    45% 1 $25,000 $25,000 $0 5.25%
    47% 1 $165,000 $165,000 $2,051 5.50%
    48% 1 $75,000 $75,000 $1,785 6.00%
    50-60% 1 $255,000 $255,000 $98 5.25%
    39% 1 $75,000 $75,000 $1,573 5.25%

    Kaw Valley Bank lent most frequently to those with DTI ratios of Exempt%, with 85 originations. The next most common DTI ratio? <20%, with 7 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 94 $7,770,000 $82,660 $1,060 5.47%
    Not applicable 38 $5,760,000 $151,579 $0 5.43%
    Not provided 9 $985,000 $109,444 $0 5.29%
    Asian 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    97.40%

    Kaw Valley 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
    94.37%

    Kaw Valley Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 85 $8,845,000 $104,059
    NA 57 $5,695,000 $99,912

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 2 $300,000 $150,000
    Single Family (1-4 Units):Manufactured 7 $265,000 $37,857
    Single Family (1-4 Units):Site-Built 133 $13,975,000 $105,075

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 4 $130,000 $32,500 $1,785 5.56%
    40-60% 9 $465,000 $51,667 $669 5.25%
    60-80% 20 $2,550,000 $127,500 $883 5.39%
    80-100% 16 $1,750,000 $109,375 $1,685 5.55%
    Over 100% 3 $655,000 $218,333 $0 5.17%
    Under 20% 4 $100,000 $25,000 $846 5.63%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Kaw Valley Bank 1001 Southwest Wanamaker Road, Suite A Topeka, KS 66604 Full Service B&M $5,352
    Kaw Valley Bank 1110 North Kansas Avenue Topeka, KS 66608 Full Service B&M $161,819
    Kaw Valley Bank 1205 Sw 29th Street Topeka, KS 66611 Full Service B&M $1,184
    Kaw Valley Bank 1944 Nw Topeka Blvd Topeka, KS 66608 Full Service B&M $31,972
    Kaw Valley Bank 2903 Sw Topeka Boulevard Topeka, KS 66611 Full Service B&M $5,153
    Kaw Valley Bank 3000 Southeast Croco Road Topeka, KS 66605 Full Service B&M $4,450
    Kaw Valley Bank 3160 Se 6th Avenue Topeka, KS 66607 Full Service B&M $10,936
    Kaw Valley Bank 4848 Southwest 21st Topeka, KS 66614 Full Service B&M $26,562
    Kaw Valley Bank 6831 Southwest 29th Street, Suite 100 Topeka, KS 66614 Full Service B&M $23,330

    For 2018, Kaw Valley Bank had 9 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $16,089
    Net interest income $13,641
    Total noninterest income $1,651
    Gross Fiduciary activities income $378
    Service charges on deposit accounts $450
    Trading account gains and fees $0
    Additional Noninterest Income $823
    Pre-tax net operating income $4,803
    Securities gains (or losses, -) $0
    Income before extraordinary items $4,284
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $4,284
    Minority interest net income $0
    Net income $4,284
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $4,284

    Kaw Valley Bank's gross interest income from loans was $16,089,000.
    Kaw Valley Bank's net interest income from loans was $13,641,000.
    Kaw Valley Bank's fee based income from loans was $450,000.
    Kaw Valley Bank's net income from loans was $4,284,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,448
    Provision for credit losses $1,477
    Total noninterest expense $9,012
    Salaries and employee benefits $4,616
    Premises and equipment expense $850
    Additional noninterest expense $3,546
    Applicable income taxes $519
    Net charge-offs $-127
    Cash dividends $1,500

    Kaw Valley Bank's interest expense for loans was $2,448,000.
    Kaw Valley Bank's payroll and benefits expense were $4,616,000.
    Kaw Valley Bank's property, plant and equipment expenses $850,000.

    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 1.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $267,573
    Deposits held in domestic offices $267,573
    Deposits by Individuals, partnerships, and corporations $225,779
    Deposits by U.S. Government $7
    Deposits by States and political subdivisions in the U.S. $5,219
    Deposits by Commercial banks and other depository institutions in U.S. $36,568
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $109,825
    Demand deposits $66,056
    Nontransaction accounts $157,748
    Money market deposit accounts (MMDAs) $19,301
    Other savings deposits (excluding MMDAs) $0
    Total time deposits $138,449
    Total time and savings deposits $201,517
    Noninterest-bearing deposits $66,834
    Interest-bearing deposits $200,739
    Retail deposits $238,933
    IRAs and Keogh plan accounts $31,135
    Brokered deposits $16,716
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $306,392
    Cash & Balances due from depository institutions $11,470
    Interest-bearing balances $4,219
    Total securities $17,521
    Federal funds sold & reverse repurchase $1,093
    Net loans and leases $259,460
    Loan and leases loss allowance $1,939
    Trading account assets $0
    Bank premises and fixed assets $4,013
    Other real estate owned $26
    Goodwill and other intangibles $647
    All other assets $12,162

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $306,392
    Total Liabilities $273,074
    Total deposits $267,573
    Interest-bearing deposits $200,739
    Deposits held in domestic offices $267,573
    % insured (estimated) $87
    Federal funds purchased and repurchase agreements $4,040
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $1,461

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $259,460
    Loan and leases loss allowance $1,939
    Total loans and leases (domestic) $261,399
    All real estate loans $201,877
    Real estate loans in domestic offices $201,877
    Construction and development loans $10,170
    Residential 1-4 family construction $4,565
    Other construction, all land development and other land $5,605
    Loans secured by nonfarm nonresidential properties $106,358
    Nonfarm nonresidential secured by owner-occupied properties $30,497
    Commercial real estate & other non-farm, non-residential $75,861
    Multifamily residential real estate $10,716
    1-4 family residential loans $66,034
    Farmland loans $8,599
    Loans held in foreign offices $0
    Farm loans $1,629
    Commercial and industrial loans $48,576
    To non-U.S. addressees $0
    Loans to individuals $9,175
    Credit card loans $0
    Related Plans $42
    Consumer Auto Loans $7,226
    Other loans to individuals $1,907
    All other loans & leases $554
    Loans to foreign governments and official institutions $0
    Other loans $507
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $7,798
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $1,926
    Non 1-4 family restructured loans & leases $1,844
    Total loans and leases (foreign) $0

    Kaw Valley Bank had $259,460,000 of loans outstanding in 2018. $201,877,000 of loans were in real estate loans. $10,170,000 of loans were in development loans. $10,716,000 of loans were in multifamily mortgage loans. $66,034,000 of loans were in 1-4 family mortgage loans. $1,629,000 of loans were in farm loans. $0 of loans were in credit card loans. $7,226,000 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 185 $28,926 $156,357
    Nonfarm, nonresidential loans - <$100k 63 $2,407 $38,206
    Nonfarm, nonresidential loans - $100-250k 66 $7,421 $112,439
    Nonfarm, nonresidential loans - $250k-1MM 56 $19,098 $341,036
    Commercial & Industrial, US addressed loans - <$1MM 613 $30,454 $49,680
    Commercial & Industrial, US addressed loans - <$100k 475 $10,715 $22,558
    Commercial & Industrial, US addressed loans - $100-250k 84 $8,046 $95,786
    Commercial & Industrial, US addressed loans - $250k-1MM 54 $11,693 $216,537
    Farmland loans - <$1MM 46 $4,568 $99,304
    Farmland loans - <$100k 23 $837 $36,391
    Farmland loans - $100-250k 17 $1,841 $108,294
    Farmland loans - $250k-1MM 6 $1,890 $315,000
    Agriculture operations loans - <$1MM 49 $1,546 $31,551
    Agriculture operations loans - <$100k 46 $1,012 $22,000
    Agriculture operations loans - $100-250k 2 $231 $115,500
    Agriculture operations loans - $250k-1MM 1 $303 $303,000