Community Savings Bank Mortgage Rates, Fees & Info

Bethel, OH

LEI: 2549009O1XK0YQZXEL45

Tax ID: 31-0216000

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
  • Complaints
  • 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

    Community Savings Bank is a smaller bank specializing in Refi, Home Purchase, and Cash Out Refi loans. Community Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Cincinnati, Washington Court House, and Wilmington among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Community Savings 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.

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    Originations

    95

    Origination Dollar Volume (All Markets)

    $22,695,000

    Employee count

    15

    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
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 88 $21,490,000 $244,205 $0 0.00%
    Washington Court House, OH (FHA|USDA|VA) 2 $470,000 $235,000 $0 0.00%
    Wilmington, OH (FHA|USDA|VA) 2 $390,000 $195,000 $0 0.00%
    Outside of Metro Areas 3 $345,000 $115,000 $0 0.00%
    Community Savings Bank's top markets include Cincinnati, Washington Court House, and Wilmington among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 95 $22,695,000 $238,895 $0 0.00%

    For 2020, Community Savings Bank's most frequently originated type of loan was Conventional, with 95 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 38 $11,280,000 $296,842 $0 0.00%
    Home Purchase 30 $5,470,000 $182,333 $0 0.00%
    Cash Out Refi 26 $5,920,000 $227,692 $0 0.00%
    Home Improvement 1 $25,000 $25,000 $0 0.00%

    For 2020, Community Savings Bank's most frequently cited loan purpose was Refi, with 38 originations. The 2nd most popular reason was Home Purchase, with 30 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 95 $22,695,000 $238,895 $0 0.00%

    For 2020, Community Savings Bank's most frequently cited loan duration was Other, with 95 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 38 $10,280,000 $270,526 $0 0.00%
    $100k-200k 32 $4,720,000 $147,500 $0 0.00%
    $100,000 or less 14 $1,080,000 $77,143 $0 0.00%
    $400k-600k 10 $4,700,000 $470,000 $0 0.00%
    $1MM+ 1 $1,915,000 $1,915,000 $0 0.00%

    2020 saw Community Savings Bank place emphasis on $200k-400k loans with 38 originations, totaling $10,280,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 16 $5,440,000 $340,000 $0 0.00%
    $100k-150k 15 $3,855,000 $257,000 $0 0.00%
    $150k-250k 15 $3,455,000 $230,333 $0 0.00%
    $50k-75k 15 $2,065,000 $137,667 $0 0.00%
    $75k-100k 14 $2,860,000 $204,286 $0 0.00%
    $50k or less 8 $910,000 $113,750 $0 0.00%

    Community Savings Bank lent most frequently to those with incomes in the $250k+ range, with 16 originations. The second most popular income band? $100k-150k, with 15 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 95 $22,695,000 $238,895 $0 0.00%

    Community Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 95 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 81 $18,255,000 $225,370 $0 0.00%
    Not applicable 9 $3,405,000 $378,333 $0 0.00%
    Not provided 2 $590,000 $295,000 $0 0.00%
    Black 2 $370,000 $185,000 $0 0.00%
    Asian 1 $75,000 $75,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.82%

    Community Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    93.68%

    Community Savings Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 95 $22,695,000 $238,895

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 2 $2,420,000 $1,210,000
    Single Family (1-4 Units):Manufactured 5 $495,000 $99,000
    Single Family (1-4 Units):Site-Built 88 $19,780,000 $224,773

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    COMMUNITY BANK SYSTEM, INC. Conventional home mortgage Struggling to pay mortgage 1 33.3%
    COMMUNITY BANK SYSTEM, INC. Conventional home mortgage Trouble during payment process 1 33.3%
    COMMUNITY BANK SYSTEM, INC. Other type of mortgage Closing on a mortgage 1 33.3%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Community Savings Bank 355 Jefferson Street Greenfield, OH 45123 Full Service B&M $26,902
    Community Savings Bank 503 West Plane Street Bethel, OH 45106 Full Service B&M $39,064

    For 2020, Community Savings Bank had 2 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $3,537
    Net interest income $2,946
    Total noninterest income $628
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $12
    Trading account gains and fees $0
    Additional Noninterest Income $616
    Pre-tax net operating income $773
    Securities gains (or losses, -) $0
    Income before extraordinary items $676
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $676
    Minority interest net income $0
    Net income $676
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $676

    Community Savings Bank's gross interest income from loans was $3,537,000.
    Community Savings Bank's net interest income from loans was $2,946,000.
    Community Savings Bank's fee based income from loans was $12,000.
    Community Savings Bank's net income from loans was $676,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $591
    Provision for credit losses $41
    Total noninterest expense $2,760
    Salaries and employee benefits $1,618
    Premises and equipment expense $135
    Additional noninterest expense $1,007
    Applicable income taxes $97
    Net charge-offs $-11
    Cash dividends $0

    Community Savings Bank's interest expense for loans was $591,000.
    Community Savings Bank's payroll and benefits expense were $1,618,000.
    Community Savings Bank's property, plant and equipment expenses $135,000.

    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 $69,362
    Deposits held in domestic offices $69,362
    Deposits by Individuals, partnerships, and corporations $64,216
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $4,991
    Deposits by Commercial banks and other depository institutions in U.S. $154
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $11,821
    Demand deposits $3,230
    Nontransaction accounts $57,540
    Money market deposit accounts (MMDAs) $9,075
    Other savings deposits (excluding MMDAs) $17,849
    Total time deposits $30,617
    Total time and savings deposits $66,131
    Noninterest-bearing deposits $3,991
    Interest-bearing deposits $65,371
    Retail deposits $65,616
    IRAs and Keogh plan accounts $5,388
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $86,005
    Cash & Balances due from depository institutions $6,039
    Interest-bearing balances $5,772
    Total securities $8,525
    Federal funds sold & reverse repurchase $0
    Net loans and leases $66,589
    Loan and leases loss allowance $308
    Trading account assets $0
    Bank premises and fixed assets $621
    Other real estate owned $0
    Goodwill and other intangibles $166
    All other assets $4,065

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $86,005
    Total Liabilities $71,437
    Total deposits $69,362
    Interest-bearing deposits $65,371
    Deposits held in domestic offices $69,362
    % insured (estimated) $97
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $1,500
    Subordinated debt $0
    All other liabilities $575

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $66,589
    Loan and leases loss allowance $308
    Total loans and leases (domestic) $66,897
    All real estate loans $57,841
    Real estate loans in domestic offices $57,841
    Construction and development loans $1,322
    Residential 1-4 family construction $0
    Other construction, all land development and other land $1,322
    Loans secured by nonfarm nonresidential properties $7,622
    Nonfarm nonresidential secured by owner-occupied properties $4,388
    Commercial real estate & other non-farm, non-residential $3,234
    Multifamily residential real estate $8,290
    1-4 family residential loans $40,607
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $8,914
    To non-U.S. addressees $0
    Loans to individuals $142
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $0
    Other loans to individuals $142
    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 $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Community Savings Bank had $66,589,000 of loans outstanding in 2020. $57,841,000 of loans were in real estate loans. $1,322,000 of loans were in development loans. $8,290,000 of loans were in multifamily mortgage loans. $40,607,000 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 34 $5,804 $170,706
    Nonfarm, nonresidential loans - <$100k 14 $461 $32,929
    Nonfarm, nonresidential loans - $100-250k 11 $1,520 $138,182
    Nonfarm, nonresidential loans - $250k-1MM 9 $3,823 $424,778
    Commercial & Industrial, US addressed loans - <$1MM 85 $8,913 $104,859
    Commercial & Industrial, US addressed loans - <$100k 43 $2,145 $49,884
    Commercial & Industrial, US addressed loans - $100-250k 30 $3,655 $121,833
    Commercial & Industrial, US addressed loans - $250k-1MM 12 $3,113 $259,417