or, is it even a loafer?

Does this look frumpy? I've looked for penny loafers, but the band on top typically emphasizes my wide feet. Just haven't found one yet. The more subtle two tone is what appeals to me, as i just can't get myself to a pure classic plain black shoe. I *have to* have some kind of detail.

http://www.amazon.com/gp/produ.....PDKIKX0DER