Congressional Bank Mortgage Rates, Fees & Info
Bethesda, MDLEI: 2549008CZOYIG4FIKS25
Tax ID: 43-2022906
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Bank Data
Review & Overview
Congressional Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. They have a a high proportion of FHA loans. Congressional Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Washington, Indianapolis, Atlanta, Minneapolis, and Columbus among others. We have data for 316 markets. (Some data included below & more in-depth data is available with an active subscription.)Congressional 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. Congressional Bank is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.32% | 4/18/24 |
| 30 Year Conventional Refi | 6.27% | 4/18/24 |
| 30 Year Cash-out Refi | 6.70% | 4/18/24 |
| 30 Year FHA Purchase | 7.53% | 4/18/24 |
| 30 Year VA Purchase | 5.99% | 4/18/24 |
| 30 Year USDA Purchase | 6.26% | 4/18/24 |
| 15 Year Conventional Purchase | 5.68% | 4/18/24 |
| 15 Year Conventional Refi | 5.81% | 4/18/24 |
| 15 Year Cash-out Refi | 5.81% | 4/18/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Congressional Bank Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,417Origination Dollar Volume (All Markets)
$325,985,000Employee count
233Awards
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Congressional Bank - 2018
Congressional Bank is a 2018 , due to their low .
For 2018, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 89 | $66,875,000 | $751,404 | $9,802 | 5.37% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 137 | $25,575,000 | $186,679 | $4,917 | 4.72% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 82 | $15,500,000 | $189,024 | $8,437 | 4.69% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 51 | $11,535,000 | $226,176 | $7,946 | 4.60% |
| Outside of Metro Areas | 66 | $10,300,000 | $156,061 | $6,953 | 4.61% |
| COLUMBUS, OH (FHA|USDA|VA) | 58 | $9,230,000 | $159,138 | $6,697 | 4.99% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 29 | $8,355,000 | $288,103 | $12,448 | 4.77% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 28 | $5,990,000 | $213,929 | $8,804 | 4.79% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 15 | $5,385,000 | $359,000 | $15,116 | 4.65% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 28 | $5,200,000 | $185,714 | $7,802 | 4.81% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 20 | $4,740,000 | $237,000 | $11,575 | 4.88% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 22 | $4,200,000 | $190,909 | $8,472 | 4.98% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 28 | $4,000,000 | $142,857 | $7,422 | 5.01% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 15 | $3,855,000 | $257,000 | $9,231 | 4.60% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 6 | $3,130,000 | $521,667 | $20,025 | 4.54% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 10 | $3,090,000 | $309,000 | $10,543 | 5.10% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 15 | $2,945,000 | $196,333 | $8,724 | 4.80% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 10 | $2,770,000 | $277,000 | $11,213 | 4.80% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 12 | $2,620,000 | $218,333 | $8,714 | 5.07% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 13 | $2,585,000 | $198,846 | $9,530 | 4.33% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 15 | $2,445,000 | $163,000 | $8,872 | 4.63% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 4 | $2,210,000 | $552,500 | $20,280 | 4.13% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 10 | $2,190,000 | $219,000 | $10,785 | 4.65% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 8 | $2,110,000 | $263,750 | $10,021 | 4.63% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 10 | $1,970,000 | $197,000 | $6,874 | 4.84% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 10 | $1,840,000 | $184,000 | $10,022 | 5.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 14 | $1,810,000 | $129,286 | $7,002 | 5.35% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 9 | $1,765,000 | $196,111 | $11,632 | 4.54% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 9 | $1,735,000 | $192,778 | $8,305 | 4.94% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 8 | $1,700,000 | $212,500 | $10,157 | 4.72% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 7 | $1,655,000 | $236,429 | $9,043 | 4.59% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 8 | $1,630,000 | $203,750 | $10,409 | 4.91% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 11 | $1,565,000 | $142,273 | $6,518 | 5.02% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 7 | $1,515,000 | $216,429 | $8,439 | 4.54% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 8 | $1,490,000 | $186,250 | $8,682 | 4.88% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 5 | $1,485,000 | $297,000 | $13,846 | 4.60% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 7 | $1,415,000 | $202,143 | $8,958 | 4.46% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 7 | $1,405,000 | $200,714 | $10,150 | 5.11% |
| BOISE CITY, ID (FHA|USDA|VA) | 7 | $1,395,000 | $199,286 | $8,531 | 4.20% |
| MODESTO, CA (FHA|USDA|VA) | 5 | $1,295,000 | $259,000 | $10,062 | 4.48% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 5 | $1,285,000 | $257,000 | $9,374 | 4.35% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 5 | $1,265,000 | $253,000 | $11,718 | 4.40% |
| RICHMOND, VA (FHA|USDA|VA) | 6 | $1,260,000 | $210,000 | $7,565 | 5.23% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 7 | $1,245,000 | $177,857 | $8,631 | 4.50% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 6 | $1,190,000 | $198,333 | $8,270 | 5.02% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 2 | $1,180,000 | $590,000 | $21,620 | 4.31% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 7 | $1,165,000 | $166,429 | $6,410 | 4.84% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 5 | $1,115,000 | $223,000 | $10,845 | 5.05% |
| TOLEDO, OH (FHA|USDA|VA) | 6 | $1,110,000 | $185,000 | $8,960 | 4.69% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 4 | $1,110,000 | $277,500 | $12,192 | 4.44% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 5 | $1,065,000 | $213,000 | $10,879 | 4.55% |
| DULUTH, MN-WI (FHA|USDA|VA) | 6 | $1,040,000 | $173,333 | $4,456 | 4.48% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 6 | $1,010,000 | $168,333 | $7,680 | 4.81% |
| AKRON, OH (FHA|USDA|VA) | 8 | $990,000 | $123,750 | $7,403 | 4.63% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 5 | $985,000 | $197,000 | $9,366 | 4.80% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $920,000 | $460,000 | $18,021 | 4.88% |
| ASHEVILLE, NC (FHA|USDA|VA) | 4 | $920,000 | $230,000 | $8,449 | 4.50% |
| COLUMBIA, SC (FHA|USDA|VA) | 6 | $910,000 | $151,667 | $8,003 | 5.21% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 5 | $875,000 | $175,000 | $10,589 | 4.35% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 3 | $865,000 | $288,333 | $10,373 | 5.08% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 4 | $860,000 | $215,000 | $8,362 | 4.59% |
| BILLINGS, MT (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $14,135 | 4.25% |
| Fergus Falls, MN (FHA|USDA|VA) | 3 | $815,000 | $271,667 | $8,047 | 4.67% |
| ANN ARBOR, MI (FHA|USDA|VA) | 3 | $805,000 | $268,333 | $10,188 | 4.38% |
| PROVO-OREM, UT (FHA|USDA|VA) | 4 | $800,000 | $200,000 | $10,518 | 5.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 5 | $795,000 | $159,000 | $7,127 | 4.63% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $12,651 | 4.83% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 4 | $780,000 | $195,000 | $11,222 | 4.50% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $12,401 | 4.67% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 5 | $725,000 | $145,000 | $7,591 | 4.88% |
| ANCHORAGE, AK (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $13,609 | 5.00% |
| Grand Rapids, MN (FHA|USDA|VA) | 5 | $695,000 | $139,000 | $6,233 | 4.80% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 4 | $680,000 | $170,000 | $8,517 | 4.38% |
| DOVER, DE (FHA|USDA|VA) | 4 | $670,000 | $167,500 | $6,635 | 4.59% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $22,886 | 4.69% |
| TUCSON, AZ (FHA|USDA|VA) | 4 | $660,000 | $165,000 | $11,086 | 4.34% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 4 | $660,000 | $165,000 | $7,263 | 4.28% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 4 | $660,000 | $165,000 | $7,093 | 4.84% |
| VALLEJO, CA (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $11,408 | 4.56% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $25,367 | 5.13% |
| PANAMA CITY, FL (FHA|USDA|VA) | 4 | $600,000 | $150,000 | $5,977 | 4.56% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 3 | $595,000 | $198,333 | $10,738 | 4.71% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 3 | $595,000 | $198,333 | $7,886 | 4.83% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 3 | $595,000 | $198,333 | $8,066 | 4.88% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $10,699 | 4.67% |
| PITTSBURGH, PA (FHA|USDA|VA) | 5 | $585,000 | $117,000 | $7,116 | 4.78% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 4 | $580,000 | $145,000 | $7,740 | 5.28% |
| BOULDER, CO (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $10,708 | 4.75% |
| WICHITA, KS (FHA|USDA|VA) | 4 | $570,000 | $142,500 | $8,774 | 4.72% |
| SPARTANBURG, SC (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $10,673 | 4.17% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 4 | $560,000 | $140,000 | $6,222 | 4.53% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 4 | $560,000 | $140,000 | $6,828 | 4.56% |
| Enterprise, AL (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $11,277 | 4.71% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $5,500 | 5.63% |
| COLUMBIA, MO (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $3,228 | 4.94% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $8,389 | 4.88% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $7,904 | 5.17% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $5,210 | 5.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 4 | $480,000 | $120,000 | $6,815 | 4.50% |
| JACKSON, MS (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $6,736 | 4.83% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $5,764 | 5.21% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $8,380 | 5.38% |
| FLINT, MI (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $9,089 | 5.25% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $9,165 | 3.88% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 3 | $455,000 | $151,667 | $7,589 | 4.83% |
| OCALA, FL (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $9,512 | 4.75% |
| Bemidji, MN (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $6,125 | 4.69% |
| BEND, OR (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $5,982 | 4.88% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $24,297 | 3.88% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $10,277 | 4.25% |
| Roseburg, OR (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $9,426 | 5.44% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $6,280 | 5.17% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $7,662 | 5.08% |
| GREAT FALLS, MT (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $7,971 | 4.88% |
| FORT WAYNE, IN (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $8,012 | 4.63% |
| Dickinson, ND (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $3,738 | 4.25% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $17,699 | 4.88% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $7,055 | 4.71% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $6,290 | 4.88% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $9,763 | 5.44% |
| LAWTON, OK (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $14,213 | 5.00% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $7,388 | 4.31% |
| Cedar City, UT (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $12,556 | 4.88% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $5,314 | 4.50% |
| COLUMBUS, IN (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $5,749 | 4.96% |
| LIMA, OH (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $6,128 | 5.04% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $5,126 | 4.19% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $10,661 | 4.69% |
| ENID, OK (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $10,500 | 4.75% |
| Sturgis, MI (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $9,634 | 4.38% |
| ROCHESTER, MN (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $4,747 | 4.69% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $5,950 | 4.00% |
| MISSOULA, MT (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $15,672 | 4.38% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $7,300 | 4.88% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $10,660 | 3.94% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $3,407 | 4.81% |
| Frankfort, KY (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $8,813 | 4.94% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $6,507 | 4.44% |
| Toccoa, GA (FHA|USDA|VA) | 3 | $325,000 | $108,333 | $6,548 | 4.92% |
| Los Alamos, NM (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $17,777 | 4.38% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $10,667 | 4.56% |
| MORRISTOWN, TN (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $10,828 | 4.94% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $10,185 | 5.50% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $7,195 | 4.31% |
| FARGO, ND-MN (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $7,990 | 5.00% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $17,112 | 4.63% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $8,441 | 4.38% |
| CASPER, WY (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $16,496 | 5.38% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $11,220 | 5.13% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $11,593 | 4.38% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $17,182 | 4.25% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $6,853 | 4.69% |
| MEDFORD, OR (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $7,315 | 5.31% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $8,467 | 4.63% |
| RENO, NV (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $11,288 | 4.38% |
| OWENSBORO, KY (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $13,206 | 5.63% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $6,574 | 4.13% |
| Williston, ND (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $9,716 | 4.50% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $13,512 | 4.25% |
| LINCOLN, NE (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $8,485 | 4.38% |
| LAFAYETTE, LA (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $8,567 | 4.19% |
| Thomaston, GA (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $6,461 | 4.31% |
| EL CENTRO, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $10,445 | 3.75% |
| Juneau, AK (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $15,783 | 5.63% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $7,480 | 4.38% |
| Holland, MI (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $6,837 | 5.19% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $5,434 | 5.88% |
| BURLINGTON, NC (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $4,424 | 5.94% |
| North Vernon, IN (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $5,067 | 5.19% |
| Newport, OR (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $8,655 | 4.63% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $8,181 | 5.00% |
| READING, PA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $19,560 | 3.88% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $8,847 | 4.13% |
| Rock Springs, WY (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,851 | 4.25% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $6,456 | 4.50% |
| Mount Vernon, OH (FHA|USDA|VA) | 3 | $245,000 | $81,667 | $7,389 | 6.29% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $13,542 | 5.00% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $17,108 | 4.50% |
| Ashland, OH (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,387 | 5.63% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $16,690 | 5.63% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $14,730 | 4.88% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $8,904 | 4.25% |
| MONROE, LA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $16,993 | 4.38% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $8,917 | 4.50% |
| Bucyrus-Galion, OH (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $5,651 | 4.81% |
| Tiffin, OH (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $7,343 | 5.38% |
| Jefferson, GA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $10,656 | 5.63% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $12,697 | 4.75% |
| JACKSON, TN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $10,414 | 4.25% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,948 | 5.38% |
| PARKERSBURG-VIENNA, WV (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $13,989 | 5.25% |
| BISMARCK, ND (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,357 | 4.13% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $13,216 | 5.25% |
| MADISON, WI (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,514 | 5.38% |
| BANGOR, ME (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $7,397 | 4.25% |
| Durango, CO (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,988 | 4.88% |
| Vermillion, SD (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $13,195 | 4.25% |
| RAPID CITY, SD (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,495 | 4.50% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $10,102 | 5.00% |
| LaGrange, GA-AL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $7,799 | 4.38% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $15,394 | 4.38% |
| Willmar, MN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,945 | 4.75% |
| Fort Morgan, CO (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $11,974 | 4.50% |
| Marion, OH (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $11,223 | 5.63% |
| Brownwood, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,740 | 4.13% |
| Poplar Bluff, MO (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,647 | 4.50% |
| Bogalusa, LA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $12,009 | 4.50% |
| Marietta, OH (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $13,800 | 4.25% |
| Hilo, HI (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $11,525 | 6.13% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $11,541 | 4.63% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $11,434 | 4.25% |
| Chillicothe, OH (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,294 | 4.63% |
| Mason City, IA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,093 | 4.50% |
| Wapakoneta, OH (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,845 | 5.13% |
| CHICO, CA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $11,430 | 4.25% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,803 | 5.50% |
| TWIN FALLS, ID (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $11,475 | 4.00% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $8,764 | 4.25% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $5,379 | 4.63% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,269 | 5.88% |
| Albert Lea, MN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,761 | 4.25% |
| SALEM, OR (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $10,797 | 3.75% |
| Vicksburg, MS (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,543 | 5.25% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $10,086 | 3.88% |
| ROCHESTER, NY (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $11,396 | 4.50% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,631 | 4.63% |
| Outside of Metro Areas | 1 | $165,000 | $165,000 | $11,061 | 4.75% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $9,220 | 5.63% |
| Quincy, IL-MO (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $10,758 | 5.00% |
| Sheridan, WY (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $9,867 | 3.75% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $12,231 | 5.63% |
| HINESVILLE, GA (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $5,636 | 5.31% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $9,014 | 4.25% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,030 | 5.63% |
| HATTIESBURG, MS (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,229 | 4.13% |
| Columbus, NE (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,906 | 4.38% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $8,409 | 4.50% |
| Hudson, NY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $8,908 | 5.38% |
| GADSDEN, AL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,489 | 4.75% |
| CARSON CITY, NV (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,169 | 5.00% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $8,461 | 5.63% |
| Milledgeville, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,390 | 4.75% |
| Menomonie, WI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,910 | 4.50% |
| Okeechobee, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,668 | 5.00% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,115 | 4.88% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $10,578 | 4.63% |
| LAS CRUCES, NM (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $7,629 | 3.75% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $8,440 | 4.50% |
| ROCKFORD, IL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $9,310 | 4.75% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $7,796 | 3.50% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $9,223 | 5.38% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,983 | 3.88% |
| Shelby, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $8,137 | 4.38% |
| TULSA, OK (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $7,053 | 5.63% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $10,080 | 4.13% |
| Fremont, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,305 | 5.13% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $10,463 | 4.00% |
| ERIE, PA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,968 | 5.25% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,860 | 4.75% |
| Auburn, IN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,184 | 4.75% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $10,353 | 5.63% |
| Coos Bay, OR (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $10,352 | 3.75% |
| Natchitoches, LA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,887 | 4.88% |
| GRAND FORKS, ND-MN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,579 | 5.00% |
| TOPEKA, KS (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,069 | 5.50% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,770 | 4.88% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,465 | 5.63% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,380 | 5.25% |
| Norwalk, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $8,259 | 5.25% |
| WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,941 | 4.63% |
| CHEYENNE, WY (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $7,057 | 4.13% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,966 | 4.63% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $9,643 | 4.50% |
| London, KY (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $8,863 | 4.25% |
| Plymouth, IN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $6,347 | 4.88% |
| GREEN BAY, WI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $10,289 | 5.13% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $8,281 | 4.75% |
| GOLDSBORO, NC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,879 | 4.63% |
| MUNCIE, IN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,262 | 5.00% |
| McAlester, OK (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $6,256 | 5.00% |
| New Castle, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,193 | 5.25% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,353 | 4.25% |
| Findlay, OH (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,446 | 5.75% |
| Owatonna, MN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,888 | 5.50% |
| Zanesville, OH (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,284 | 5.25% |
| Cambridge, OH (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $9,816 | 3.88% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $6,356 | 3.75% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,838 | 4.63% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,233 | 5.63% |
| Red Wing, MN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,705 | 3.88% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $7,625 | 5.38% |
| Pottsville, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,215 | 5.13% |
| Augusta-Waterville, ME (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,784 | 5.63% |
| MANSFIELD, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $7,038 | 3.88% |
| Seymour, IN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,417 | 4.88% |
| Oneonta, NY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,616 | 3.75% |
| West Plains, MO (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $6,471 | 5.50% |
| Greensburg, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,289 | 4.50% |
| Bluffton, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,004 | 5.00% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,408 | 5.50% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $6,853 | 5.63% |
| KOKOMO, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,919 | 4.50% |
| Somerset, KY (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,064 | 5.38% |
| Peru, IN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,491 | 3.88% |
| VALDOSTA, GA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,657 | 4.75% |
| Hutchinson, KS (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $7,858 | 4.50% |
| Waycross, GA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,117 | 4.63% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,318 | 5.75% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $6,578 | 4.50% |
| Union City, TN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $5,217 | 5.00% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,785 | 6.50% |
| Malvern, AR (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,880 | 5.38% |
| Salem, OH (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $4,788 | 5.63% |
| Troy, AL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $4,750 | 5.63% |
| Grants, NM (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $4,710 | 5.38% |
| Centralia, IL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $5,166 | 4.63% |
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Product Mix
For 2018, Congressional Bank's most frequently originated type of loan was FHA, with 527 originations. Their 2nd most popular type was Conventional, with 465 originations.
Loan Reason
For 2018, Congressional Bank's most frequently cited loan purpose was Home Purchase, with 634 originations. The 2nd most popular reason was Cash Out Refi, with 619 originations.
Loan Duration/Length
For 2018, Congressional Bank's most frequently cited loan duration was 30 Year, with 1,290 originations. The 2nd most popular length was 15 Year, with 37 originations.
Origination Fees/Closing Costs
Congressional Bank's average total fees were $8,407, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 398 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 820 | $163,130,000 | $198,939 |
| 5-6% | 413 | $121,235,000 | $293,547 |
| 3-4% | 159 | $32,675,000 | $205,503 |
| 6-7% | 18 | $8,260,000 | $458,889 |
| 7-8% | 5 | $675,000 | $135,000 |
During 2018, Congressional Bank's average interest rate for loans was 4.77%, while their most frequently originated rate bucket for loans was 4-5%, with 820 originations.
Loan Sizing
2018 saw Congressional Bank place emphasis on $100k-200k loans with 723 originations, totaling $110,425,000 in origination value.
Applicant Income
Congressional Bank lent most frequently to those with incomes in the $50k-75k range, with 474 originations. The second most popular income band? $50k or less, with 434 originations.
Applicant Debt to Income Ratio
Congressional Bank lent most frequently to those with DTI ratios of 50-60%, with 212 originations. The next most common DTI ratio? 30-36%, with 170 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications81.02%
Congressional Bank has a below average approval rate.
Pick Rate
Approvals leading to origination40.51%
Congressional Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,417 | $325,985,000 | $230,053 |
Occupancy Type Mix
LTV Distribution
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Congressional Bank | 150 Elden Street Suite 170 Herndon, VA 20170 | Full Service B&M | $76,694 |
| Congressional Bank | 1700 Rockville Pike Rockville, MD 20852 | Full Service B&M | $225,545 |
| Congressional Bank | 2101 K Street Northwest Washington, DC 20037 | Full Service B&M | $95,662 |
| Congressional Bank | 4801-A Montgomery Lane Bethesda, MD 20814 | Full Service B&M | $124,503 |
| Congressional Bank | 6701 Democracy Blvd., Suite 400 Bethesda, MD 20817 | Limited, Administrative | $0 |
| Congressional Bank | 7963 Tuckerman Lane Potomac, MD 20854 | Full Service B&M | $321,772 |
For 2018, Congressional Bank had 6 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $58,193 |
| Net interest income | $50,376 |
| Total noninterest income | $33,103 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $509 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $32,594 |
| Pre-tax net operating income | $21,671 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $15,922 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $15,922 |
| Minority interest net income | $0 |
| Net income | $15,922 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $15,922 |
Congressional Bank's gross interest income from loans was $58,193,000.
Congressional Bank's net interest income from loans was $50,376,000.
Congressional Bank's fee based income from loans was $509,000.
Congressional Bank's net income from loans was $15,922,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $7,817 |
| Provision for credit losses | $-224 |
| Total noninterest expense | $62,032 |
| Salaries and employee benefits | $36,893 |
| Premises and equipment expense | $5,964 |
| Additional noninterest expense | $19,175 |
| Applicable income taxes | $5,749 |
| Net charge-offs | $1,330 |
| Cash dividends | $0 |
Congressional Bank's interest expense for loans was $7,817,000.
Congressional Bank's payroll and benefits expense were $36,893,000.
Congressional Bank's property, plant and equipment expenses $5,964,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 1.0% |
| Real Estate loans | 1.0% |
| Construction & Land Development loans | 0.0% |
| Nonfarm, nonresidential loans | 1.0% |
| Multifamily residential loans | 0.0% |
| 1-4 family residential loans | 2.0% |
| HELOC loans | 6.0% |
| 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 | $797,395 |
| Deposits held in domestic offices | $797,395 |
| Deposits by Individuals, partnerships, and corporations | $787,447 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $9,397 |
| Deposits by Commercial banks and other depository institutions in U.S. | $551 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $286,686 |
| Demand deposits | $241,626 |
| Nontransaction accounts | $510,709 |
| Money market deposit accounts (MMDAs) | $255,758 |
| Other savings deposits (excluding MMDAs) | $30,089 |
| Total time deposits | $224,863 |
| Total time and savings deposits | $555,769 |
| Noninterest-bearing deposits | $235,731 |
| Interest-bearing deposits | $561,664 |
| Retail deposits | $704,087 |
| IRAs and Keogh plan accounts | $7,832 |
| Brokered deposits | $43,699 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $949,720 |
| Cash & Balances due from depository institutions | $45,878 |
| Interest-bearing balances | $20,510 |
| Total securities | $35,936 |
| Federal funds sold & reverse repurchase | $113 |
| Net loans and leases | $807,058 |
| Loan and leases loss allowance | $5,515 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $2,671 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $30,758 |
| All other assets | $27,306 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $949,720 |
| Total Liabilities | $812,610 |
| Total deposits | $797,395 |
| Interest-bearing deposits | $561,664 |
| Deposits held in domestic offices | $797,395 |
| % insured (estimated) | $66 |
| Federal funds purchased and repurchase agreements | $1,452 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $13,763 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $807,058 |
| Loan and leases loss allowance | $5,515 |
| Total loans and leases (domestic) | $812,573 |
| All real estate loans | $475,742 |
| Real estate loans in domestic offices | $475,742 |
| Construction and development loans | $58,655 |
| Residential 1-4 family construction | $29,953 |
| Other construction, all land development and other land | $28,702 |
| Loans secured by nonfarm nonresidential properties | $234,930 |
| Nonfarm nonresidential secured by owner-occupied properties | $109,965 |
| Commercial real estate & other non-farm, non-residential | $124,965 |
| Multifamily residential real estate | $11,151 |
| 1-4 family residential loans | $171,006 |
| Farmland loans | $0 |
| Loans held in foreign offices | $0 |
| Farm loans | $0 |
| Commercial and industrial loans | $300,038 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $36,793 |
| Credit card loans | $0 |
| Related Plans | $71 |
| Consumer Auto Loans | $0 |
| Other loans to individuals | $36,722 |
| All other loans & leases | $0 |
| 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 | $643 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $897 |
| Non 1-4 family restructured loans & leases | $12 |
| Total loans and leases (foreign) | $0 |
Congressional Bank had $807,058,000 of loans outstanding in 2018. $475,742,000 of loans were in real estate loans. $58,655,000 of loans were in development loans. $11,151,000 of loans were in multifamily mortgage loans. $171,006,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $0 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 | 39 | $14,541 | $372,846 |
| Nonfarm, nonresidential loans - <$100k | 3 | $178 | $59,333 |
| Nonfarm, nonresidential loans - $100-250k | 10 | $1,351 | $135,100 |
| Nonfarm, nonresidential loans - $250k-1MM | 26 | $13,012 | $500,462 |
| Commercial & Industrial, US addressed loans - <$1MM | 92 | $11,668 | $126,826 |
| Commercial & Industrial, US addressed loans - <$100k | 29 | $281 | $9,690 |
| Commercial & Industrial, US addressed loans - $100-250k | 35 | $1,944 | $55,543 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 28 | $9,443 | $337,250 |