Fncb Bank Mortgage Rates, Fees & Info

Dunmore, PA

LEI: 2549001VTOPU7JA6G249

Tax ID: 24-0566588

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Fncb Bank is a smaller bank specializing in Refi and Home Purchase loans. Fncb Bank has a high proportion of conventional loans. Their top markets include Scranton, New York, East Stroudsburg, Allentown, and Ocean City among others. Fncb Bank has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors.


Originations

666

Origination Dollar Volume (All Markets)

$123,020,000

Employee count

216

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 544 $99,080,000 $182,132 $0 0.00%
Outside of Metro Areas 70 $10,100,000 $144,286 $0 0.00%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 8 $2,580,000 $322,500 $0 0.00%
EAST STROUDSBURG, PA (FHA|USDA|VA) 7 $1,805,000 $257,857 $0 0.00%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 8 $1,600,000 $200,000 $0 0.00%
OCEAN CITY, NJ (FHA|USDA|VA) 2 $980,000 $490,000 $0 0.00%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3 $825,000 $275,000 $0 0.00%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 2 $640,000 $320,000 $0 0.00%
Sayre, PA (FHA|USDA|VA) 3 $585,000 $195,000 $0 0.00%
WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 2 $550,000 $275,000 $0 0.00%
Lewisburg, PA (FHA|USDA|VA) 1 $545,000 $545,000 $0 0.00%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $495,000 $495,000 $0 0.00%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $465,000 $465,000 $0 0.00%
BINGHAMTON, NY (FHA|USDA|VA) 2 $460,000 $230,000 $0 0.00%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $435,000 $435,000 $0 0.00%
Pottsville, PA (FHA|USDA|VA) 3 $395,000 $131,667 $0 0.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $385,000 $385,000 $0 0.00%
READING, PA (FHA|USDA|VA) 2 $370,000 $185,000 $0 0.00%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $255,000 $255,000 $0 0.00%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $195,000 $195,000 $0 0.00%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $125,000 $125,000 $0 0.00%
New Castle, PA (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $45,000 $45,000 $0 0.00%

Fncb Bank's top markets include Scranton, New York, East Stroudsburg, Allentown, and Ocean City among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 666 $123,020,000 $184,715 $0 0.00%

For the 2021 period, Fncb Bank's most frequently originated loan type of loans were Conventional, with 666 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 410 $69,690,000 $169,976 $0 0.00%
Home Purchase 195 $47,855,000 $245,410 $0 0.00%
Home Improvement 30 $1,570,000 $52,333 $0 0.00%
Other 17 $1,075,000 $63,235 $0 0.00%
Cash Out Refi 14 $2,830,000 $202,143 $0 0.00%

For the 2021, Fncb Bank's most frequently cited loan purpose of loans were Refi, with 410 originations. The 2nd most popular reason of loans were Home Purchase, with 195 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
Other 666 $123,020,000 $184,715 $0 0.00%

For the 2021, Fncb Bank's most frequently cited loan length of loans were Other, with 666 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100,000 or less 246 $15,420,000 $62,683 $0 0.00%
$100k-200k 243 $33,515,000 $137,922 $0 0.00%
$200k-400k 130 $34,600,000 $266,154 $0 0.00%
$400k-600k 34 $16,220,000 $477,059 $0 0.00%
$600k-1MM 8 $5,750,000 $718,750 $0 0.00%
$1MM+ 5 $17,515,000 $3,503,000 $0 0.00%

2021 saw Fncb Bank place emphasis on $100,000 or less loans with 246 originations, totaling $15,420,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 137 $21,625,000 $157,847 $0 0.00%
$50k-75k 106 $11,640,000 $109,811 $0 0.00%
$75k-100k 102 $13,700,000 $134,314 $0 0.00%
$50k or less 88 $7,530,000 $85,568 $0 0.00%
$150k-250k 86 $20,370,000 $236,860 $0 0.00%
$250k+ 54 $17,980,000 $332,963 $0 0.00%

Fncb Bank lent most frequently to those with incomes in the $100k-150k range, with 137 originations. The second most popular income band? $50k-75k, with 106 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
Exempt% 666 $123,020,000 $184,715 $0 0.00%

Fncb Bank lent most frequently to those with DTI ratios of Exempt%, with 666 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 544 $87,690,000 $161,195 $0 0.00%
Not applicable 85 $29,105,000 $342,412 $0 0.00%
Not provided 28 $4,560,000 $162,857 $0 0.00%
Black 5 $715,000 $143,000 $0 0.00%
Asian Indian 1 $485,000 $485,000 $0 0.00%
Asian 2 $400,000 $200,000 $0 0.00%
Filipino 1 $65,000 $65,000 $0 0.00%

Approval Rates

Total approvals of all applications
82.05%

Fncb Bank has a below average approval rate.

Pick Rate

Approvals leading to origination
78.95%

Fncb Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
Exempt 666 $123,020,000 $184,715

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
666 $123,020,000 $184,715

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Fncb Bank 419-421 Spruce Street Scranton, PA 18503 Full Service B&M $94,185
Fncb Bank 1 North Main Street Wilkes-Barre, PA 18701 Full Service B&M $168,092
Fncb Bank 100 S Blakely Street Dunmore, PA 18512 Full Service B&M $244,827
Fncb Bank 1001 Main Street Honesdale, PA 18431 Full Service B&M $84,108
Fncb Bank 1150 Route 315 Wilkes Barre, PA 18711 Full Service B&M $85,090
Fncb Bank 1219 Wheeler Ave Dunmore, PA 18510 Full Service B&M $48,514
Fncb Bank 1625 Wyoming Avenue Exeter, PA 18643 Full Service B&M $52,557
Fncb Bank 1700 North Township Blvd Pittston, PA 18640 Full Service B&M $81,014
Fncb Bank 1745 Keyser Avenue Scranton, PA 18504 Full Service B&M $40,549
Fncb Bank 194 South Market Street Nanticoke, PA 18634 Full Service B&M $28,919
Fncb Bank 196 North Main Street Shavertown, PA 18708 Full Service B&M $57,185
Fncb Bank 269 East Grove Street Clarks Green, PA 18411 Full Service B&M $84,448
Fncb Bank 330-352 West Broad Street Hazleton, PA 18201 Full Service B&M $55,490
Fncb Bank 360 South Mountain Boulevard Mountain Top, PA 18707 Full Service B&M $20,299
Fncb Bank 754 Wyoming Avenue Kingston, PA 18704 Full Service B&M $43,140
Fncb Bank 921 Drinker Turnpike, Suite 26 Moscow, PA 18444 Full Service B&M $47,493
Fncb Bank 934 Main Street Dickson City, PA 18519 Full Service B&M $106,341

For 2021, Fncb Bank had 17 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $51,531
Net interest income $49,017
Total noninterest income $7,338
Gross Fiduciary activities income $0
Service charges on deposit accounts $2,118
Trading account gains and fees $0
Additional Noninterest Income $5,220
Pre-tax net operating income $25,476
Securities gains (or losses, -) $186
Income before extraordinary items $21,175
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $21,175
Minority interest net income $0
Net income $21,175
Sale, conversion, retirement of capital stock, net $0
Net operating income $21,020

Fncb Bank's gross interest income from loans was $51,531,000.
Fncb Bank's net interest income from loans was $49,017,000.
Fncb Bank's fee based income from loans was $2,118,000.
Fncb Bank's net income from loans was $21,175,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $2,514
Provision for credit losses $166
Total noninterest expense $30,713
Salaries and employee benefits $16,697
Premises and equipment expense $3,462
Additional noninterest expense $10,554
Applicable income taxes $4,487
Net charge-offs $-300
Cash dividends $10,000

Fncb Bank's interest expense for loans was $2,514,000.
Fncb Bank's payroll and benefits expense were $16,697,000.
Fncb Bank's property, plant and equipment expenses $3,462,000.

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 $1,466,007
Deposits held in domestic offices $1,466,007
Deposits by Individuals, partnerships, and corporations $1,085,636
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $379,129
Deposits by Commercial banks and other depository institutions in U.S. $1,242
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $872,381
Demand deposits $441,151
Nontransaction accounts $593,626
Money market deposit accounts (MMDAs) $316,536
Other savings deposits (excluding MMDAs) $133,221
Total time deposits $143,869
Total time and savings deposits $1,024,856
Noninterest-bearing deposits $331,068
Interest-bearing deposits $1,134,939
Retail deposits $1,429,475
IRAs and Keogh plan accounts $19,356
Brokered deposits $10,001
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $1,657,985
Cash & Balances due from depository institutions $99,215
Interest-bearing balances $82,565
Total securities $522,737
Federal funds sold & reverse repurchase $0
Net loans and leases $967,023
Loan and leases loss allowance $12,416
Trading account assets $92
Bank premises and fixed assets $18,717
Other real estate owned $920
Goodwill and other intangibles $268
All other assets $49,013

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $1,657,985
Total Liabilities $1,502,644
Total deposits $1,466,007
Interest-bearing deposits $1,134,939
Deposits held in domestic offices $1,466,007
% insured (estimated) $70
Federal funds purchased and repurchase agreements $0
Trading liabilities $92
Other borrowed funds $20,000
Subordinated debt $0
All other liabilities $16,545

Issued Loan Types

Type Value (in 000's)
Net loans and leases $967,023
Loan and leases loss allowance $12,416
Total loans and leases (domestic) $979,439
All real estate loans $640,634
Real estate loans in domestic offices $640,634
Construction and development loans $41,646
Residential 1-4 family construction $8,157
Other construction, all land development and other land $33,489
Loans secured by nonfarm nonresidential properties $316,368
Nonfarm nonresidential secured by owner-occupied properties $159,316
Commercial real estate & other non-farm, non-residential $157,052
Multifamily residential real estate $48,345
1-4 family residential loans $233,893
Farmland loans $382
Loans held in foreign offices $0
Farm loans $0
Commercial and industrial loans $197,552
To non-U.S. addressees $0
Loans to individuals $87,207
Credit card loans $0
Related Plans $228
Consumer Auto Loans $75,819
Other loans to individuals $11,160
All other loans & leases $55,488
Loans to foreign governments and official institutions $0
Other loans $372
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 $6,666
Non 1-4 family restructured loans & leases $6,250
Total loans and leases (foreign) $0

FNCB Bank had $967,023,000 of loans outstanding in 2021. $640,634,000 of loans were in real estate loans. $41,646,000 of loans were in development loans. $48,345,000 of loans were in multifamily mortgage loans. $233,893,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $75,819,000 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 414 $80,064 $193,391
Nonfarm, nonresidential loans - <$100k 92 $3,586 $38,978
Nonfarm, nonresidential loans - $100-250k 151 $17,910 $118,609
Nonfarm, nonresidential loans - $250k-1MM 171 $58,568 $342,503
Commercial & Industrial, US addressed loans - <$1MM 1,313 $84,733 $64,534
Commercial & Industrial, US addressed loans - <$100k 920 $20,284 $22,048
Commercial & Industrial, US addressed loans - $100-250k 242 $25,230 $104,256
Commercial & Industrial, US addressed loans - $250k-1MM 151 $39,219 $259,728
Farmland loans - <$1MM 1 $130 $130,000
Farmland loans - $100-250k 1 $130 $130,000