The Henry County Bank Mortgage Rates, Fees & Info

Napoleon, OH

LEI: 2549000ZEJPSBH6OSH79

Tax ID: 34-4263090

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
  • Similar Lenders
  • 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

    The Henry County Bank is a smaller bank specializing in Home Purchase and Refi loans. The Henry County Bank has a high proportion of conventional loans. Their top markets by origination volume include: Toledo, Defiance, Zanesville, Angola, and Monroe among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Henry County 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.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    118

    Origination Dollar Volume (All Markets)

    $19,770,000

    Employee count

    73

    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
    TOLEDO, OH (FHA|USDA|VA) 61 $13,495,000 $221,230 $0 0.00%
    Outside of Metro Areas 50 $5,320,000 $106,400 $0 0.00%
    Defiance, OH (FHA|USDA|VA) 4 $390,000 $97,500 $0 0.00%
    Zanesville, OH (FHA|USDA|VA) 1 $345,000 $345,000 $0 0.00%
    Angola, IN (FHA|USDA|VA) 1 $175,000 $175,000 $0 0.00%
    MONROE, MI (FHA|USDA|VA) 1 $45,000 $45,000 $0 0.00%
    The Henry County Bank's top markets include Toledo, Defiance, Zanesville, Angola, and Monroe among others.

    Their top states include:
  • Ohio (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)

    • Similar Lenders

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

    Bay Area Credit Union, Inc.
    Similarity Rank: 13
    JEEP COUNTRY
    Similarity Rank: 78
    First Federal Savings and Loan Association of Delta
    Similarity Rank: 126
    First National Bank of Bellevue
    Similarity Rank: 380
    POLARIS HOME FUNDING CORP.
    Similarity Rank: 418
    THE BANKERS GUARANTEE TITLE & TRUST COMPANY
    Similarity Rank: 561
    The Genoa Banking Company
    Similarity Rank: 840
    SUN Federal Credit Union
    Similarity Rank: 875
    Third Federal Savings and Loan Association of Cleveland
    Similarity Rank: 1044
    HOME MORTGAGE ASSURED CORPORATION
    Similarity Rank: 1312

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 118 $19,770,000 $167,542 $0 0.00%

    For 2019, The Henry County Bank's most frequently originated type of loan was Conventional, with 118 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 59 $8,645,000 $146,525 $0 0.00%
    Refi 40 $7,900,000 $197,500 $0 0.00%
    Cash Out Refi 12 $2,160,000 $180,000 $0 0.00%
    Other 5 $915,000 $183,000 $0 0.00%
    Home Improvement 2 $150,000 $75,000 $0 0.00%

    For 2019, The Henry County Bank's most frequently cited loan purpose was Home Purchase, with 59 originations. The 2nd most popular reason was Refi, with 40 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 118 $19,770,000 $167,542 $0 0.00%

    For 2019, The Henry County Bank's most frequently cited loan duration was Other, with 118 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 43 $5,995,000 $139,419 $0 0.00%
    $100,000 or less 42 $2,660,000 $63,333 $0 0.00%
    $200k-400k 28 $7,580,000 $270,714 $0 0.00%
    $400k-600k 2 $960,000 $480,000 $0 0.00%
    $600k-1MM 2 $1,560,000 $780,000 $0 0.00%
    $1MM+ 1 $1,015,000 $1,015,000 $0 0.00%

    2019 saw The Henry County Bank place emphasis on $100k-200k loans with 43 originations, totaling $5,995,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 22 $3,490,000 $158,636 $0 0.00%
    $50k-75k 21 $2,335,000 $111,190 $0 0.00%
    $50k or less 20 $1,530,000 $76,500 $0 0.00%
    $75k-100k 15 $2,285,000 $152,333 $0 0.00%
    $150k-250k 6 $1,390,000 $231,667 $0 0.00%
    $250k+ 4 $1,260,000 $315,000 $0 0.00%

    The Henry County Bank lent most frequently to those with incomes in the $100k-150k range, with 22 originations. The second most popular income band? $50k-75k, with 21 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 118 $19,770,000 $167,542 $0 0.00%

    The Henry County Bank lent most frequently to those with DTI ratios of Exempt%, with 118 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 88 $12,160,000 $138,182 $0 0.00%
    Not applicable 29 $7,405,000 $255,345 $0 0.00%
    Black 1 $205,000 $205,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    89.33%

    The Henry County Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    86.44%

    The Henry County Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 118 $19,770,000 $167,542

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 8 $4,240,000 $530,000
    Single Family (1-4 Units):Manufactured 3 $235,000 $78,333
    Single Family (1-4 Units):Site-Built 107 $15,295,000 $142,944

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The Henry County Bank 110 North Turkey Foot Avenue Malinta, OH 43535 Full Service B&M $11,332
    The Henry County Bank 119 Railway Avenue Holgate, OH 43527 Full Service B&M $30,195
    The Henry County Bank 122 East Washington Street Napoleon, OH 43545 Full Service B&M $135,135
    The Henry County Bank 124 East Court Street Bowling Green, OH 43402 Full Service B&M $8,158
    The Henry County Bank 1423 North Scott Street Napoleon, OH 43545 Full Service B&M $10,232
    The Henry County Bank 403 South Perry Street Napoleon, OH 43545 Full Service B&M $16,475
    The Henry County Bank 523 East Street Liberty Center, OH 43532 Full Service B&M $19,964

    For 2019, The Henry County Bank had 7 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $10,707
    Net interest income $8,058
    Total noninterest income $803
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $437
    Trading account gains and fees $0
    Additional Noninterest Income $366
    Pre-tax net operating income $1,346
    Securities gains (or losses, -) $47
    Income before extraordinary items $1,302
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $1,302
    Minority interest net income $0
    Net income $1,302
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $1,258

    The Henry County Bank's gross interest income from loans was $10,707,000.
    The Henry County Bank's net interest income from loans was $8,058,000.
    The Henry County Bank's fee based income from loans was $437,000.
    The Henry County Bank's net income from loans was $1,302,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,649
    Provision for credit losses $100
    Total noninterest expense $7,415
    Salaries and employee benefits $4,524
    Premises and equipment expense $887
    Additional noninterest expense $2,004
    Applicable income taxes $91
    Net charge-offs $69
    Cash dividends $666

    The Henry County Bank's interest expense for loans was $2,649,000.
    The Henry County Bank's payroll and benefits expense were $4,524,000.
    The Henry County Bank's property, plant and equipment expenses $887,000.

    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 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 3.0%
    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 $227,448
    Deposits held in domestic offices $227,448
    Deposits by Individuals, partnerships, and corporations $166,078
    Deposits by U.S. Government $288
    Deposits by States and political subdivisions in the U.S. $61,082
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $73,011
    Demand deposits $50,228
    Nontransaction accounts $154,437
    Money market deposit accounts (MMDAs) $14,047
    Other savings deposits (excluding MMDAs) $47,757
    Total time deposits $92,633
    Total time and savings deposits $177,220
    Noninterest-bearing deposits $50,228
    Interest-bearing deposits $177,220
    Retail deposits $151,390
    IRAs and Keogh plan accounts $7,448
    Brokered deposits $16,561
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $286,240
    Cash & Balances due from depository institutions $10,593
    Interest-bearing balances $9,066
    Total securities $130,479
    Federal funds sold & reverse repurchase $0
    Net loans and leases $130,341
    Loan and leases loss allowance $1,400
    Trading account assets $0
    Bank premises and fixed assets $4,896
    Other real estate owned $0
    Goodwill and other intangibles $243
    All other assets $9,688

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $286,240
    Total Liabilities $256,711
    Total deposits $227,448
    Interest-bearing deposits $177,220
    Deposits held in domestic offices $227,448
    % insured (estimated) $64
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $25,545
    Subordinated debt $0
    All other liabilities $3,718

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $130,341
    Loan and leases loss allowance $1,400
    Total loans and leases (domestic) $131,741
    All real estate loans $109,924
    Real estate loans in domestic offices $109,924
    Construction and development loans $6,458
    Residential 1-4 family construction $2,600
    Other construction, all land development and other land $3,858
    Loans secured by nonfarm nonresidential properties $44,971
    Nonfarm nonresidential secured by owner-occupied properties $27,785
    Commercial real estate & other non-farm, non-residential $17,186
    Multifamily residential real estate $13,113
    1-4 family residential loans $42,425
    Farmland loans $2,957
    Loans held in foreign offices $0
    Farm loans $544
    Commercial and industrial loans $9,342
    To non-U.S. addressees $0
    Loans to individuals $11,852
    Credit card loans $0
    Related Plans $7
    Consumer Auto Loans $9,211
    Other loans to individuals $2,634
    All other loans & leases $156
    Loans to foreign governments and official institutions $0
    Other loans $0
    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 $3,781
    Non 1-4 family restructured loans & leases $2,487
    Total loans and leases (foreign) $0

    The Henry County Bank had $130,341,000 of loans outstanding in 2019. $109,924,000 of loans were in real estate loans. $6,458,000 of loans were in development loans. $13,113,000 of loans were in multifamily mortgage loans. $42,425,000 of loans were in 1-4 family mortgage loans. $544,000 of loans were in farm loans. $0 of loans were in credit card loans. $9,211,000 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 115 $24,181 $210,270
    Nonfarm, nonresidential loans - <$100k 28 $1,129 $40,321
    Nonfarm, nonresidential loans - $100-250k 41 $5,215 $127,195
    Nonfarm, nonresidential loans - $250k-1MM 46 $17,837 $387,761
    Commercial & Industrial, US addressed loans - <$1MM 199 $9,025 $45,352
    Commercial & Industrial, US addressed loans - <$100k 159 $3,231 $20,321
    Commercial & Industrial, US addressed loans - $100-250k 26 $2,272 $87,385
    Commercial & Industrial, US addressed loans - $250k-1MM 14 $3,522 $251,571
    Farmland loans - <$1MM 27 $2,957 $109,519
    Farmland loans - <$100k 7 $195 $27,857
    Farmland loans - $100-250k 15 $1,291 $86,067
    Farmland loans - $250k-1MM 5 $1,471 $294,200
    Agriculture operations loans - <$1MM 18 $543 $30,167
    Agriculture operations loans - <$100k 17 $269 $15,824
    Agriculture operations loans - $250k-1MM 1 $274 $274,000