Vist Bank Mortgage Rates, Fees & Info

Wyomissing, PA

LEI: 2549006QZTQTY9OK5S30

Tax ID: 23-0867965

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Vist Bank is a smaller bank specializing in Cash Out Refi, Home Purchase, and Refi loans. Vist Bank has a high proportion of conventional loans. Their top markets include Philadelphia, Reading, Lebanon, Pottsville, and Lancaster among others. Vist Bank has an above average approval rate for mortages when compared nationally. They have an average pick rate when compared to the same sample of other lendors.


Originations

395

Origination Dollar Volume (All Markets)

$117,055,000

Employee count

142

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 148 $64,620,000 $436,622 $0 0.00%
READING, PA (FHA|USDA|VA) 206 $43,530,000 $211,311 $0 0.00%
LEBANON, PA (FHA|USDA|VA) 11 $2,355,000 $214,091 $0 0.00%
Pottsville, PA (FHA|USDA|VA) 14 $2,250,000 $160,714 $0 0.00%
LANCASTER, PA (FHA|USDA|VA) 6 $1,220,000 $203,333 $0 0.00%
Outside of Metro Areas 3 $815,000 $271,667 $0 0.00%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $765,000 $765,000 $0 0.00%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $435,000 $435,000 $0 0.00%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $405,000 $405,000 $0 0.00%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $340,000 $170,000 $0 0.00%
Corning, NY (FHA|USDA|VA) 1 $255,000 $255,000 $0 0.00%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $65,000 $65,000 $0 0.00%

Vist Bank's top markets include Philadelphia, Reading, Lebanon, Pottsville, and Lancaster among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 395 $117,055,000 $296,342 $0 0.00%

For the 2021 period, Vist Bank's most frequently originated loan type of loans were Conventional, with 395 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Cash Out Refi 141 $35,495,000 $251,738 $0 0.00%
Home Purchase 139 $52,815,000 $379,964 $0 0.00%
Refi 100 $26,120,000 $261,200 $0 0.00%
Home Improvement 11 $2,045,000 $185,909 $0 0.00%
Other 4 $580,000 $145,000 $0 0.00%

For the 2021, Vist Bank's most frequently cited loan purpose of loans were Cash Out Refi, with 141 originations. The 2nd most popular reason of loans were Home Purchase, with 139 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
Other 395 $117,055,000 $296,342 $0 0.00%

For the 2021, Vist Bank's most frequently cited loan length of loans were Other, with 395 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 154 $23,010,000 $149,416 $0 0.00%
$200k-400k 132 $35,560,000 $269,394 $0 0.00%
$100,000 or less 40 $2,780,000 $69,500 $0 0.00%
$400k-600k 34 $16,310,000 $479,706 $0 0.00%
$600k-1MM 24 $17,890,000 $745,417 $0 0.00%
$1MM+ 11 $21,505,000 $1,955,000 $0 0.00%

2021 saw Vist Bank place emphasis on $100k-200k loans with 154 originations, totaling $23,010,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 81 $14,935,000 $184,383 $0 0.00%
$75k-100k 73 $13,115,000 $179,658 $0 0.00%
$150k-250k 58 $20,710,000 $357,069 $0 0.00%
$100k-150k 51 $13,065,000 $256,176 $0 0.00%
$50k or less 50 $6,680,000 $133,600 $0 0.00%
$250k+ 23 $12,655,000 $550,217 $0 0.00%

Vist Bank lent most frequently to those with incomes in the $50k-75k range, with 81 originations. The second most popular income band? $75k-100k, with 73 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
Exempt% 395 $117,055,000 $296,342 $0 0.00%

Vist Bank lent most frequently to those with DTI ratios of Exempt%, with 395 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 296 $71,120,000 $240,270 $0 0.00%
Not applicable 55 $34,965,000 $635,727 $0 0.00%
Not provided 34 $8,540,000 $251,176 $0 0.00%
Black 7 $1,175,000 $167,857 $0 0.00%
Asian 2 $1,150,000 $575,000 $0 0.00%
Asian Indian 1 $105,000 $105,000 $0 0.00%

Approval Rates

Total approvals of all applications
91.18%

Vist Bank has an average approval rate.

Pick Rate

Approvals leading to origination
90.83%

Vist Bank has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
Exempt 395 $117,055,000 $296,342

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
395 $117,055,000 $296,342

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Vist Bank 8000 Verree Road Philadelphia, PA 19111 Full Service B&M $49,099
Vist Bank 100 Plaza Drive Blandon, PA 19510 Full Service B&M $72,156
Vist Bank 101 East Philadelphia Avenue Boyertown, PA 19512 Full Service B&M $52,532
Vist Bank 1199 Berkshire Boulevard Wyomissing, PA 19610 Full Service B&M $178,312
Vist Bank 1210 Rockland Street Reading, PA 19604 Full Service B&M $214,587
Vist Bank 1232 Egypt Road Po Box 859 Oaks, PA 19456 Full Service B&M $22,935
Vist Bank 1240 Broadcasting Rd Wyomissing, PA 19610 Limited, Administrative $0
Vist Bank 1240 Broadcasting Road Wyomissing, PA 19610 Full Service B&M $5,248
Vist Bank 1380 Skippack Pike Blue Bell, PA 19422 Full Service B&M $79,408
Vist Bank 1767 Sentry Park West Blue Bell, PA 19422 Full Service B&M $0
Vist Bank 221 Ridge Pike Conshohocken, PA 19428 Full Service B&M $60,331
Vist Bank 237 Route 61 South Schuylkill Haven, PA 17972 Full Service B&M $67,467
Vist Bank 241 South Centre Avenue Leesport, PA 19533 Full Service B&M $185,784
Vist Bank 258 East High Street Pottstown, PA 19464 Full Service B&M $85,434
Vist Bank 3401-3 Pricetown Road Fleetwood, PA 19522 Full Service B&M $55,801
Vist Bank 350 West Main St. Birdsboro, PA 19508 Full Service B&M $78,660
Vist Bank 4361 Perkiomen Ave Reading, PA 19606 Full Service B&M $44,953
Vist Bank 4708 Penn Avenue Sinking Spring, PA 19608 Full Service B&M $111,629
Vist Bank 600 West Lancaster Avenue Strafford, PA 19087 Full Service B&M $50,562
Vist Bank 801 South Fourth Street Hamburg, PA 19526 Full Service B&M $93,426
Vist Bank 909 West Leesport Road Leesport, PA 19533 Full Service B&M $90,436
Vist Bank One Belmont Avenue Bala Cynwyd, PA 19004 Full Service B&M $55,082
Vist Bank One Reading Drive Wernersville, PA 19565 Full Service B&M $3,742

For 2021, Vist Bank had 23 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $62,031
Net interest income $56,428
Total noninterest income $4,942
Gross Fiduciary activities income $0
Service charges on deposit accounts $1,196
Trading account gains and fees $0
Additional Noninterest Income $3,746
Pre-tax net operating income $13,921
Securities gains (or losses, -) $-109
Income before extraordinary items $11,546
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $11,546
Minority interest net income $0
Net income $11,546
Sale, conversion, retirement of capital stock, net $520
Net operating income $11,637

Vist Bank's gross interest income from loans was $62,031,000.
Vist Bank's net interest income from loans was $56,428,000.
Vist Bank's fee based income from loans was $1,196,000.
Vist Bank's net income from loans was $11,546,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $5,603
Provision for credit losses $4,696
Total noninterest expense $42,753
Salaries and employee benefits $15,380
Premises and equipment expense $4,478
Additional noninterest expense $22,895
Applicable income taxes $2,266
Net charge-offs $6,418
Cash dividends $13,286

Vist Bank's interest expense for loans was $5,603,000.
Vist Bank's payroll and benefits expense were $15,380,000.
Vist Bank's property, plant and equipment expenses $4,478,000.

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 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 $1,717,486
Deposits held in domestic offices $1,717,486
Deposits by Individuals, partnerships, and corporations $1,355,978
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $359,273
Deposits by Commercial banks and other depository institutions in U.S. $2,235
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $235,205
Demand deposits $203,010
Nontransaction accounts $1,482,281
Money market deposit accounts (MMDAs) $321,916
Other savings deposits (excluding MMDAs) $982,549
Total time deposits $177,816
Total time and savings deposits $1,514,476
Noninterest-bearing deposits $503,199
Interest-bearing deposits $1,214,287
Retail deposits $1,662,038
IRAs and Keogh plan accounts $56,189
Brokered deposits $1,920
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $1,945,388
Cash & Balances due from depository institutions $15,864
Interest-bearing balances $6,676
Total securities $567,092
Federal funds sold & reverse repurchase $0
Net loans and leases $1,254,965
Loan and leases loss allowance $10,968
Trading account assets $0
Bank premises and fixed assets $19,710
Other real estate owned $0
Goodwill and other intangibles $41,458
All other assets $46,299

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $1,945,388
Total Liabilities $1,746,278
Total deposits $1,717,486
Interest-bearing deposits $1,214,287
Deposits held in domestic offices $1,717,486
% insured (estimated) $57
Federal funds purchased and repurchase agreements $6,000
Trading liabilities $0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $22,792

Issued Loan Types

Type Value (in 000's)
Net loans and leases $1,254,965
Loan and leases loss allowance $10,968
Total loans and leases (domestic) $1,265,933
All real estate loans $1,106,094
Real estate loans in domestic offices $1,106,094
Construction and development loans $52,025
Residential 1-4 family construction $7,895
Other construction, all land development and other land $44,130
Loans secured by nonfarm nonresidential properties $492,250
Nonfarm nonresidential secured by owner-occupied properties $137,835
Commercial real estate & other non-farm, non-residential $354,415
Multifamily residential real estate $63,267
1-4 family residential loans $411,127
Farmland loans $87,425
Loans held in foreign offices $0
Farm loans $12,584
Commercial and industrial loans $114,008
To non-U.S. addressees $0
Loans to individuals $3,014
Credit card loans $0
Related Plans $864
Consumer Auto Loans $385
Other loans to individuals $1,765
All other loans & leases $30,233
Loans to foreign governments and official institutions $0
Other loans $256
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 $2,520
Non 1-4 family restructured loans & leases $1,553
Total loans and leases (foreign) $0

VIST Bank had $1,254,965,000 of loans outstanding in 2021. $1,106,094,000 of loans were in real estate loans. $52,025,000 of loans were in development loans. $63,267,000 of loans were in multifamily mortgage loans. $411,127,000 of loans were in 1-4 family mortgage loans. $12,584,000 of loans were in farm loans. $0 of loans were in credit card loans. $385,000 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 448 $136,527 $304,748
Nonfarm, nonresidential loans - <$100k 104 $5,035 $48,413
Nonfarm, nonresidential loans - $100-250k 138 $22,336 $161,855
Nonfarm, nonresidential loans - $250k-1MM 206 $109,156 $529,883
Commercial & Industrial, US addressed loans - <$1MM 747 $75,094 $100,527
Commercial & Industrial, US addressed loans - <$100k 557 $17,072 $30,650
Commercial & Industrial, US addressed loans - $100-250k 106 $17,132 $161,623
Commercial & Industrial, US addressed loans - $250k-1MM 84 $40,890 $486,786
Farmland loans - <$1MM 150 $33,182 $221,213
Farmland loans - <$100k 32 $1,817 $56,781
Farmland loans - $100-250k 63 $11,246 $178,508
Farmland loans - $250k-1MM 55 $20,119 $365,800
Agriculture operations loans - <$1MM 96 $9,186 $95,688
Agriculture operations loans - <$100k 67 $3,381 $50,463
Agriculture operations loans - $100-250k 21 $2,840 $135,238
Agriculture operations loans - $250k-1MM 8 $2,965 $370,625