Emprise Bank Mortgage Rates, Fees & Info

Wichita, KS

LEI: D32W5EBLENJC27207O81

Tax ID: 48-0807333

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Mortgage Data

Bank Data

Review & Overview

Emprise Bank is a smaller bank specializing in Refi and Home Purchase loans. Emprise Bank has a high proportion of conventional loans. Their top markets by origination volume include: Wichita, Lawrence, Kansas City, Hays, and Mcpherson among others. We have data for 20 markets. (Some data included below & more in-depth data is available with an active subscription.)

Emprise 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. Emprise Bank 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.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.27% 11/21/24
30 Year Conventional Purchase 6.35% 11/21/24
30 Year Conventional Refi 6.42% 11/21/24
30 Year Cash-out Refi 6.35% 11/21/24
15 Year Conventional Purchase 5.89% 11/21/24
15 Year Conventional Refi 5.83% 11/21/24
15 Year Cash-out Refi 5.83% 11/21/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Emprise Bank Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Emprise Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

990

Origination Dollar Volume (All Markets)

$132,250,000

Employee count

390

Awards

Emprise Bank 30 Year Conventional Loans bronze Emprise Bank 30 Year Conventional Loans silver Emprise Bank 30 Year Conventional Loans silver
Show all (3) 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
WICHITA, KS (FHA|USDA|VA) 766 $100,130,000 $130,718 $2,105 4.19%
LAWRENCE, KS (FHA|USDA|VA) 29 $11,095,000 $382,586 $2,115 3.99%
Outside of Metro Areas 110 $7,710,000 $70,091 $1,994 4.27%
KANSAS CITY, MO-KS (FHA|USDA|VA) 15 $3,275,000 $218,333 $2,299 3.71%
Hays, KS (FHA|USDA|VA) 25 $2,875,000 $115,000 $2,395 3.94%
McPherson, KS (FHA|USDA|VA) 14 $1,680,000 $120,000 $2,014 3.85%
Breckenridge, CO (FHA|USDA|VA) 1 $935,000 $935,000 $2,354 3.13%
Winfield, KS (FHA|USDA|VA) 5 $905,000 $181,000 $2,401 3.53%
FORT COLLINS, CO (FHA|USDA|VA) 1 $665,000 $665,000 $2,887 2.88%
Hutchinson, KS (FHA|USDA|VA) 6 $480,000 $80,000 $2,111 3.81%
Ottawa, KS (FHA|USDA|VA) 2 $450,000 $225,000 $2,284 3.13%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $445,000 $445,000 $3,618 2.63%
Kalispell, MT (FHA|USDA|VA) 1 $445,000 $445,000 $3,871 2.75%
Emporia, KS (FHA|USDA|VA) 1 $425,000 $425,000 $2,839 3.13%
Coffeyville, KS (FHA|USDA|VA) 4 $280,000 $70,000 $2,263 3.81%
TOPEKA, KS (FHA|USDA|VA) 4 $160,000 $40,000 $206 4.53%
Salina, KS (FHA|USDA|VA) 2 $150,000 $75,000 $1,820 4.00%
MANHATTAN, KS (FHA|USDA|VA) 1 $85,000 $85,000 $2,007 3.13%
Great Bend, KS (FHA|USDA|VA) 1 $35,000 $35,000 $0 4.50%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $25,000 $25,000 $0 3.50%
Emprise Bank's top markets include Wichita, Lawrence, Kansas City, Hays, and Mcpherson among others.

Their top states include:
  • Kansas (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Montana (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Emprise Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    GOLDEN PLAINS
    Similarity Rank: 114
    SKYWARD
    Similarity Rank: 189
    Wichita Federal Credit Union
    Similarity Rank: 340
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    Intrust Bank
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    Members Mortgage Services, L.L.C.
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    Citizens Bank of Kansas
    Similarity Rank: 732
    CREDIT UNION OF AMERICA
    Similarity Rank: 903
    HEARTLAND CREDIT UNION
    Similarity Rank: 1159

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 584 $114,520,000 $196,096 $2,115 3.75%
    HELOC 406 $17,730,000 $43,670 n/a 4.74%

    For 2020, Emprise Bank's most frequently originated type of loan was Conventional, with 584 originations. Their 2nd most popular type was HELOC, with 406 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 294 $35,710,000 $121,463 $1,788 4.28%
    Home Purchase 266 $58,340,000 $219,323 $2,558 3.90%
    Home Improvement 157 $5,915,000 $37,675 $690 4.68%
    Cash Out Refi 148 $24,900,000 $168,243 $2,054 3.17%
    Other 125 $7,385,000 $59,080 $1,146 4.93%

    For 2020, Emprise Bank's most frequently cited loan purpose was Refi, with 294 originations. The 2nd most popular reason was Home Purchase, with 266 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 458 $27,790,000 $60,677 $1,749 4.66%
    15 Year 137 $25,085,000 $183,102 $2,131 2.94%
    30 Year 137 $28,295,000 $206,533 $2,272 3.51%
    5 Year 134 $28,350,000 $211,567 $299 4.56%
    20 Year 52 $9,270,000 $178,269 $2,164 3.30%
    10 Year 43 $6,225,000 $144,767 $1,242 4.37%
    1 Year 20 $3,860,000 $193,000 $1,164 4.60%
    3 Year 5 $1,275,000 $255,000 $0 4.26%
    30+ year 4 $2,100,000 $525,000 $9,023 3.75%

    For 2020, Emprise Bank's most frequently cited loan duration was Other, with 458 originations. The 2nd most popular length was 15 Year, with 137 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 393 $70,345,000 $178,995
    $1k-2k 14 $3,990,000 $285,000
    $5k+ 2 $1,440,000 $720,000
    $2k-3k 1 $775,000 $775,000
    $3k-4k 1 $235,000 $235,000
    $4k-5k 1 $425,000 $425,000

    Emprise Bank's average total fees were $2,272, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 393 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 442 $40,950,000 $92,647
    3-4% 264 $58,170,000 $220,341
    2.5-3% 130 $23,480,000 $180,615
    5-6% 109 $5,715,000 $52,431
    6-7% 19 $745,000 $39,211
    <2.5% 15 $2,935,000 $195,667
    7-8% 7 $195,000 $27,857
    Over 8% 3 $45,000 $15,000

    During 2020, Emprise Bank's average interest rate for loans was 3.51%, while their most frequently originated rate bucket for loans was 4-5%, with 442 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 565 $24,365,000 $43,124 $1,543 4.54%
    $100k-200k 237 $34,475,000 $145,464 $2,094 3.72%
    $200k-400k 137 $35,235,000 $257,190 $2,327 3.57%
    $400k-600k 27 $12,775,000 $473,148 $3,099 3.43%
    $600k-1MM 18 $13,820,000 $767,778 $4,523 3.49%
    $1MM+ 6 $11,580,000 $1,930,000 $4,351 3.89%

    2020 saw Emprise Bank place emphasis on $100,000 or less loans with 565 originations, totaling $24,365,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 182 $12,180,000 $66,923 $1,809 4.34%
    $50k or less 164 $7,500,000 $45,732 $1,614 4.35%
    $100k-150k 151 $18,085,000 $119,768 $2,162 4.00%
    $75k-100k 126 $11,490,000 $91,190 $2,093 4.04%
    $150k-250k 117 $20,635,000 $176,368 $2,427 3.85%
    $250k+ 66 $24,470,000 $370,758 $3,059 3.52%

    Emprise Bank lent most frequently to those with incomes in the $50k-75k range, with 182 originations. The second most popular income band? $50k or less, with 164 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 285 $30,405,000 $106,684 $2,197 4.11%
    <20% 226 $26,480,000 $117,168 $2,154 4.06%
    30-36% 155 $20,845,000 $134,484 $2,095 4.01%
    39% 32 $3,700,000 $115,625 $2,053 4.18%
    38% 31 $3,585,000 $115,645 $2,147 4.05%
    37% 30 $3,080,000 $102,667 $1,970 4.24%
    36% 22 $2,240,000 $101,818 $1,667 4.34%
    40% 19 $2,305,000 $121,316 $2,261 3.68%
    41% 5 $685,000 $137,000 $2,025 3.63%
    50-60% 3 $615,000 $205,000 $1,437 4.64%
    >60% 3 $245,000 $81,667 $865 5.21%
    42% 2 $200,000 $100,000 $2,071 3.13%
    49% 1 $95,000 $95,000 $680 5.50%
    47% 1 $15,000 $15,000 $0 4.50%
    44% 1 $255,000 $255,000 $2,343 3.38%
    46% 1 $155,000 $155,000 $2,177 3.63%

    Emprise Bank lent most frequently to those with DTI ratios of 20-30%, with 285 originations. The next most common DTI ratio? <20%, with 226 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 765 $90,675,000 $118,529 $2,123 4.07%
    Not applicable 132 $33,130,000 $250,985 $0 4.41%
    Not provided 63 $4,665,000 $74,048 $1,972 4.52%
    Asian 7 $1,815,000 $259,286 $2,606 4.52%
    American Indian 8 $1,050,000 $131,250 $2,026 4.13%
    Black 10 $720,000 $72,000 $1,678 4.38%
    Vietnamese 3 $105,000 $35,000 $1,832 4.50%
    Native Hawaiian or Islander 1 $65,000 $65,000 $0 5.04%
    Other Asian 1 $25,000 $25,000 $0 4.75%

    Approval Rates

    Total approvals of all applications
    82.74%

    Emprise Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    85.25%

    Emprise Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    2374.43 1 $245,000 $245,000
    2717.11 1 $205,000 $205,000
    NA 988 $131,800,000 $133,401

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 14 $13,590,000 $970,714
    Single Family (1-4 Units):Manufactured 7 $205,000 $29,286
    Single Family (1-4 Units):Site-Built 969 $118,455,000 $122,245

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 171 $10,035,000 $58,684 $1,571 4.52%
    40-60% 120 $13,690,000 $114,083 $1,874 4.04%
    60-80% 302 $57,740,000 $191,192 $2,207 3.80%
    80-100% 182 $38,420,000 $211,099 $2,398 3.72%
    Over 100% 12 $6,820,000 $568,333 $0 4.53%
    Under 20% 203 $5,545,000 $27,315 $542 4.82%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    Empire Mortgage (NV) FHA mortgage Closing on a mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Emprise Bank 1 West Madison Street Iola, KS 66749 Full Service B&M $54,793
    Emprise Bank 100 North Meridian Ave Valley Center, KS 67147 Full Service B&M $30,958
    Emprise Bank 100 South Randall Potwin, KS 67123 Full Service B&M $17,604
    Emprise Bank 1011 East 27th Street Hays, KS 67601 Full Service B&M $120,691
    Emprise Bank 104 East Grand Hillsboro, KS 67063 Full Service B&M $45,728
    Emprise Bank 10620 W 21st St. N Wichita, KS 67205 Full Service B&M $69,863
    Emprise Bank 11111 East Harry Wichita, KS 67207 Full Service B&M $33,702
    Emprise Bank 1121 Wakarusa Drive Lawrence, KS 66049 Full Service B&M $29,475
    Emprise Bank 1402 North Rose Hill Road Rose Hill, KS 67133 Full Service B&M $19,185
    Emprise Bank 1610 East 61st Street North Park City, KS 67219 Full Service B&M $23,007
    Emprise Bank 17 South Lincoln Chanute, KS 66720 Full Service B&M $20,834
    Emprise Bank 1700 Ohio Street Augusta, KS 67010 Full Service B&M $43,335
    Emprise Bank 1719 East Patriot Derby, KS 67037 Full Service B&M $23,869
    Emprise Bank 20 South Mission Council Grove, KS 66846 Full Service B&M $24,165
    Emprise Bank 200 North Main El Dorado, KS 67042 Full Service B&M $60,324
    Emprise Bank 2001 North Broadway Wichita, KS 67214 Full Service B&M $41,224
    Emprise Bank 201 East Kansas Avenue Mcpherson, KS 67460 Full Service B&M $23,350
    Emprise Bank 201 East Ross Avenue Clearwater, KS 67026 Full Service B&M $44,685
    Emprise Bank 201 South Ninth Street Humboldt, KS 66748 Full Service B&M $27,249
    Emprise Bank 2140 North Woodlawn Wichita, KS 67208 Full Service B&M $39,837
    Emprise Bank 2323 South Hydraulic Street Wichita, KS 67211 Full Service B&M $40,262
    Emprise Bank 2433 South Seneca Wichita, KS 67217 Full Service B&M $44,383
    Emprise Bank 247 N. Cedar Moran, KS 66755 Full Service B&M $9,199
    Emprise Bank 257 North Broadway Wichita, KS 67202 Full Service Cyber Office $9,384
    Emprise Bank 257 North Broadway Street Wichita, KS 67202 Full Service B&M $547,627
    Emprise Bank 330 North Main Haysville, KS 67060 Full Service B&M $30,239
    Emprise Bank 3900 West Central Street Wichita, KS 67203 Full Service B&M $73,565
    Emprise Bank 406 South Andover Road Andover, KS 67002 Full Service B&M $29,645
    Emprise Bank 418 North Main Street Eureka, KS 67045 Full Service B&M $27,789
    Emprise Bank 4833 South Broadway Street Wichita, KS 67216 Full Service B&M $19,529
    Emprise Bank 538 W. 7th St. Augusta, KS 67010 Full Service B&M $37,153
    Emprise Bank 6030 East Central Wichita, KS 67208 Full Service B&M $38,359
    Emprise Bank 701 North Goddard Road Goddard, KS 67052 Full Service B&M $42,295
    Emprise Bank 8807 West Central Street Wichita, KS 67212 Full Service B&M $91,551
    Emprise Bank 919 North State Street Iola, KS 66749 Limited, Drive-thru $0
    Emprise Bank 9485 East 21st Street North Wichita, KS 67206 Full Service B&M $33,464

    For 2020, Emprise Bank had 36 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $71,757
    Net interest income $63,822
    Total noninterest income $17,765
    Gross Fiduciary activities income $2,871
    Service charges on deposit accounts $5,079
    Trading account gains and fees $0
    Additional Noninterest Income $9,815
    Pre-tax net operating income $21,393
    Securities gains (or losses, -) $14
    Income before extraordinary items $20,566
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $20,566
    Minority interest net income $0
    Net income $20,566
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $20,552

    Emprise Bank's gross interest income from loans was $71,757,000.
    Emprise Bank's net interest income from loans was $63,822,000.
    Emprise Bank's fee based income from loans was $5,079,000.
    Emprise Bank's net income from loans was $20,566,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $7,935
    Provision for credit losses $8,100
    Total noninterest expense $52,094
    Salaries and employee benefits $28,579
    Premises and equipment expense $6,310
    Additional noninterest expense $17,205
    Applicable income taxes $841
    Net charge-offs $5,974
    Cash dividends $6,500

    Emprise Bank's interest expense for loans was $7,935,000.
    Emprise Bank's payroll and benefits expense were $28,579,000.
    Emprise Bank's property, plant and equipment expenses $6,310,000.

    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 $1,918,636
    Deposits held in domestic offices $1,918,636
    Deposits by Individuals, partnerships, and corporations $1,846,579
    Deposits by U.S. Government $2
    Deposits by States and political subdivisions in the U.S. $71,788
    Deposits by Commercial banks and other depository institutions in U.S. $267
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $91,800
    Demand deposits $91,800
    Nontransaction accounts $1,826,836
    Money market deposit accounts (MMDAs) $281,851
    Other savings deposits (excluding MMDAs) $1,338,641
    Total time deposits $206,344
    Total time and savings deposits $1,826,836
    Noninterest-bearing deposits $553,611
    Interest-bearing deposits $1,365,025
    Retail deposits $1,828,766
    IRAs and Keogh plan accounts $43,107
    Brokered deposits $50,006
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,122,627
    Cash & Balances due from depository institutions $162,914
    Interest-bearing balances $115,413
    Total securities $496,733
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,379,113
    Loan and leases loss allowance $18,323
    Trading account assets $0
    Bank premises and fixed assets $29,763
    Other real estate owned $58
    Goodwill and other intangibles $23,413
    All other assets $30,633

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,122,627
    Total Liabilities $1,935,275
    Total deposits $1,918,636
    Interest-bearing deposits $1,365,025
    Deposits held in domestic offices $1,918,636
    % insured (estimated) $71
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $5,023
    Subordinated debt $0
    All other liabilities $11,616

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,379,113
    Loan and leases loss allowance $18,323
    Total loans and leases (domestic) $1,397,436
    All real estate loans $1,026,585
    Real estate loans in domestic offices $1,026,585
    Construction and development loans $118,776
    Residential 1-4 family construction $36,011
    Other construction, all land development and other land $82,765
    Loans secured by nonfarm nonresidential properties $455,978
    Nonfarm nonresidential secured by owner-occupied properties $140,051
    Commercial real estate & other non-farm, non-residential $315,927
    Multifamily residential real estate $24,708
    1-4 family residential loans $385,620
    Farmland loans $41,503
    Loans held in foreign offices $0
    Farm loans $51,163
    Commercial and industrial loans $244,707
    To non-U.S. addressees $0
    Loans to individuals $44,892
    Credit card loans $0
    Related Plans $3,097
    Consumer Auto Loans $22,144
    Other loans to individuals $19,651
    All other loans & leases $30,089
    Loans to foreign governments and official institutions $0
    Other loans $14,488
    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 $369
    Non 1-4 family restructured loans & leases $369
    Total loans and leases (foreign) $0

    Emprise Bank had $1,379,113,000 of loans outstanding in 2020. $1,026,585,000 of loans were in real estate loans. $118,776,000 of loans were in development loans. $24,708,000 of loans were in multifamily mortgage loans. $385,620,000 of loans were in 1-4 family mortgage loans. $51,163,000 of loans were in farm loans. $0 of loans were in credit card loans. $22,144,000 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 400 $71,220 $178,050
    Nonfarm, nonresidential loans - <$100k 97 $3,793 $39,103
    Nonfarm, nonresidential loans - $100-250k 132 $13,783 $104,417
    Nonfarm, nonresidential loans - $250k-1MM 171 $53,644 $313,708
    Commercial & Industrial, US addressed loans - <$1MM 1,479 $92,429 $62,494
    Commercial & Industrial, US addressed loans - <$100k 911 $18,459 $20,262
    Commercial & Industrial, US addressed loans - $100-250k 266 $19,619 $73,756
    Commercial & Industrial, US addressed loans - $250k-1MM 302 $54,351 $179,970
    Farmland loans - <$1MM 177 $18,325 $103,531
    Farmland loans - <$100k 59 $2,322 $39,356
    Farmland loans - $100-250k 67 $6,966 $103,970
    Farmland loans - $250k-1MM 51 $9,037 $177,196
    Agriculture operations loans - <$1MM 320 $13,457 $42,053
    Agriculture operations loans - <$100k 182 $3,350 $18,407
    Agriculture operations loans - $100-250k 83 $4,484 $54,024
    Agriculture operations loans - $250k-1MM 55 $5,623 $102,236