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 Refi and Home Purchase loans. The Henry County Bank has a high proportion of conventional loans. Their top markets by origination volume include: Toledo, Findlay, Defiance, Fort Wayne, and Columbus among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Henry County 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.

    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

    241

    Origination Dollar Volume (All Markets)

    $51,935,000

    Employee count

    67

    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) 107 $26,825,000 $250,701 $0 0.00%
    Outside of Metro Areas 117 $20,825,000 $177,991 $0 0.00%
    Findlay, OH (FHA|USDA|VA) 2 $1,650,000 $825,000 $0 0.00%
    Defiance, OH (FHA|USDA|VA) 6 $910,000 $151,667 $0 0.00%
    FORT WAYNE, IN (FHA|USDA|VA) 2 $370,000 $185,000 $0 0.00%
    COLUMBUS, OH (FHA|USDA|VA) 1 $345,000 $345,000 $0 0.00%
    Adrian, MI (FHA|USDA|VA) 1 $275,000 $275,000 $0 0.00%
    Hillsdale, MI (FHA|USDA|VA) 2 $210,000 $105,000 $0 0.00%
    Angola, IN (FHA|USDA|VA) 1 $205,000 $205,000 $0 0.00%
    Van Wert, OH (FHA|USDA|VA) 1 $165,000 $165,000 $0 0.00%
    Fremont, OH (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
    The Henry County Bank's top markets include Toledo, Findlay, Defiance, Fort Wayne, and Columbus 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: 39
    First Federal Savings and Loan Association of Delta
    Similarity Rank: 141
    JEEP COUNTRY
    Similarity Rank: 272
    The Farmers & Merchants State Bank
    Similarity Rank: 742
    YOUR HOME FINANCIAL LLC
    Similarity Rank: 938
    First National Bank of Bellevue
    Similarity Rank: 969
    The Citizens National Bank of Bluffton
    Similarity Rank: 1377
    THE EQUITABLE MORTGAGE CORPORATION
    Similarity Rank: 2028
    The Union Bank Company
    Similarity Rank: 2061
    Civista Bank
    Similarity Rank: 2220

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 241 $51,935,000 $215,498 $0 0.00%

    For 2020, The Henry County Bank's most frequently originated type of loan was Conventional, with 241 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 124 $32,910,000 $265,403 $0 0.00%
    Home Purchase 73 $12,115,000 $165,959 $0 0.00%
    Cash Out Refi 36 $5,610,000 $155,833 $0 0.00%
    Other 6 $1,210,000 $201,667 $0 0.00%
    Home Improvement 2 $90,000 $45,000 $0 0.00%

    For 2020, The Henry County Bank's most frequently cited loan purpose was Refi, with 124 originations. The 2nd most popular reason was Home Purchase, with 73 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 241 $51,935,000 $215,498 $0 0.00%

    For 2020, The Henry County Bank's most frequently cited loan duration was Other, with 241 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 95 $13,365,000 $140,684 $0 0.00%
    $100,000 or less 76 $4,880,000 $64,211 $0 0.00%
    $200k-400k 55 $14,505,000 $263,727 $0 0.00%
    $400k-600k 7 $3,385,000 $483,571 $0 0.00%
    $1MM+ 5 $13,345,000 $2,669,000 $0 0.00%
    $600k-1MM 3 $2,455,000 $818,333 $0 0.00%

    2020 saw The Henry County Bank place emphasis on $100k-200k loans with 95 originations, totaling $13,365,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 49 $8,865,000 $180,918 $0 0.00%
    $75k-100k 40 $6,720,000 $168,000 $0 0.00%
    $150k-250k 35 $8,335,000 $238,143 $0 0.00%
    $50k-75k 35 $3,585,000 $102,429 $0 0.00%
    $50k or less 33 $2,765,000 $83,788 $0 0.00%
    $250k+ 10 $2,980,000 $298,000 $0 0.00%

    The Henry County Bank lent most frequently to those with incomes in the $100k-150k range, with 49 originations. The second most popular income band? $75k-100k, with 40 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 241 $51,935,000 $215,498 $0 0.00%

    The Henry County Bank lent most frequently to those with DTI ratios of Exempt%, with 241 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 202 $32,860,000 $162,673 $0 0.00%
    Not applicable 31 $17,705,000 $571,129 $0 0.00%
    Asian 7 $1,255,000 $179,286 $0 0.00%
    Not provided 1 $115,000 $115,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.68%

    The Henry County Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    90.87%

    The Henry County Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 241 $51,935,000 $215,498

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $2,805,000 $2,805,000
    Multifamily:Site-Built 8 $13,550,000 $1,693,750
    Single Family (1-4 Units):Manufactured 2 $190,000 $95,000
    Single Family (1-4 Units):Site-Built 230 $35,390,000 $153,870

    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 $12,517
    The Henry County Bank 119 Railway Avenue Holgate, OH 43527 Full Service B&M $33,557
    The Henry County Bank 122 East Washington Street Napoleon, OH 43545 Full Service B&M $148,625
    The Henry County Bank 124 East Court Street Bowling Green, OH 43402 Full Service B&M $10,245
    The Henry County Bank 1423 North Scott Street Napoleon, OH 43545 Full Service B&M $12,611
    The Henry County Bank 403 South Perry Street Napoleon, OH 43545 Full Service B&M $18,347
    The Henry County Bank 523 East Street Liberty Center, OH 43532 Full Service B&M $20,416

    For 2020, The Henry County Bank had 7 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $10,318
    Net interest income $8,686
    Total noninterest income $1,491
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $432
    Trading account gains and fees $0
    Additional Noninterest Income $1,059
    Pre-tax net operating income $2,162
    Securities gains (or losses, -) $118
    Income before extraordinary items $1,969
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $1,969
    Minority interest net income $0
    Net income $1,969
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $1,867

    The Henry County Bank's gross interest income from loans was $10,318,000.
    The Henry County Bank's net interest income from loans was $8,686,000.
    The Henry County Bank's fee based income from loans was $432,000.
    The Henry County Bank's net income from loans was $1,969,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,632
    Provision for credit losses $400
    Total noninterest expense $7,615
    Salaries and employee benefits $4,413
    Premises and equipment expense $929
    Additional noninterest expense $2,273
    Applicable income taxes $311
    Net charge-offs $4
    Cash dividends $673

    The Henry County Bank's interest expense for loans was $1,632,000.
    The Henry County Bank's payroll and benefits expense were $4,413,000.
    The Henry County Bank's property, plant and equipment expenses $929,000.

    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 2.0%
    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 $258,109
    Deposits held in domestic offices $258,109
    Deposits by Individuals, partnerships, and corporations $192,276
    Deposits by U.S. Government $446
    Deposits by States and political subdivisions in the U.S. $65,387
    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 $107,857
    Demand deposits $73,938
    Nontransaction accounts $150,252
    Money market deposit accounts (MMDAs) $14,163
    Other savings deposits (excluding MMDAs) $59,852
    Total time deposits $76,237
    Total time and savings deposits $184,171
    Noninterest-bearing deposits $73,938
    Interest-bearing deposits $184,171
    Retail deposits $204,449
    IRAs and Keogh plan accounts $8,095
    Brokered deposits $9,241
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $315,234
    Cash & Balances due from depository institutions $13,010
    Interest-bearing balances $11,332
    Total securities $135,734
    Federal funds sold & reverse repurchase $0
    Net loans and leases $152,774
    Loan and leases loss allowance $1,795
    Trading account assets $0
    Bank premises and fixed assets $4,704
    Other real estate owned $37
    Goodwill and other intangibles $384
    All other assets $8,591

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $315,234
    Total Liabilities $282,739
    Total deposits $258,109
    Interest-bearing deposits $184,171
    Deposits held in domestic offices $258,109
    % insured (estimated) $66
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $20,922
    Subordinated debt $0
    All other liabilities $3,708

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $152,774
    Loan and leases loss allowance $1,795
    Total loans and leases (domestic) $154,569
    All real estate loans $127,213
    Real estate loans in domestic offices $127,213
    Construction and development loans $9,611
    Residential 1-4 family construction $5,140
    Other construction, all land development and other land $4,471
    Loans secured by nonfarm nonresidential properties $49,071
    Nonfarm nonresidential secured by owner-occupied properties $25,035
    Commercial real estate & other non-farm, non-residential $24,036
    Multifamily residential real estate $15,351
    1-4 family residential loans $50,355
    Farmland loans $2,825
    Loans held in foreign offices $0
    Farm loans $411
    Commercial and industrial loans $14,616
    To non-U.S. addressees $0
    Loans to individuals $12,313
    Credit card loans $0
    Related Plans $13
    Consumer Auto Loans $9,923
    Other loans to individuals $2,377
    All other loans & leases $102
    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 $3,524
    Non 1-4 family restructured loans & leases $2,324
    Total loans and leases (foreign) $0

    The Henry County Bank had $152,774,000 of loans outstanding in 2020. $127,213,000 of loans were in real estate loans. $9,611,000 of loans were in development loans. $15,351,000 of loans were in multifamily mortgage loans. $50,355,000 of loans were in 1-4 family mortgage loans. $411,000 of loans were in farm loans. $0 of loans were in credit card loans. $9,923,000 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 124 $27,215 $219,476
    Nonfarm, nonresidential loans - <$100k 28 $1,079 $38,536
    Nonfarm, nonresidential loans - $100-250k 44 $5,334 $121,227
    Nonfarm, nonresidential loans - $250k-1MM 52 $20,802 $400,038
    Commercial & Industrial, US addressed loans - <$1MM 261 $11,733 $44,954
    Commercial & Industrial, US addressed loans - <$100k 218 $5,149 $23,619
    Commercial & Industrial, US addressed loans - $100-250k 27 $2,350 $87,037
    Commercial & Industrial, US addressed loans - $250k-1MM 16 $4,234 $264,625
    Farmland loans - <$1MM 25 $2,825 $113,000
    Farmland loans - <$100k 5 $137 $27,400
    Farmland loans - $100-250k 15 $1,317 $87,800
    Farmland loans - $250k-1MM 5 $1,371 $274,200
    Agriculture operations loans - <$1MM 21 $411 $19,571
    Agriculture operations loans - <$100k 20 $266 $13,300
    Agriculture operations loans - $250k-1MM 1 $145 $145,000