Harleysville Bank Mortgage Rates, Fees & Info

Harleysville, PA

LEI: 2549009Y4KUKP1V77375

Tax ID: 23-0672875

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Harleysville Bank is a smaller bank specializing in Refi and Home Purchase loans. Harleysville Bank has a high proportion of conventional loans. Their top markets by origination volume include: Philadelphia, Allentown, Reading, and Lancaster among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Harleysville 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.

    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

    343

    Origination Dollar Volume (All Markets)

    $74,105,000

    Employee count

    114

    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
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 314 $67,010,000 $213,408 $0 0.00%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 12 $3,830,000 $319,167 $0 0.00%
    READING, PA (FHA|USDA|VA) 16 $3,220,000 $201,250 $0 0.00%
    LANCASTER, PA (FHA|USDA|VA) 1 $45,000 $45,000 $0 0.00%
    Harleysville Bank's top markets include Philadelphia, Allentown, Reading, and Lancaster among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 343 $74,105,000 $216,050 $0 0.00%

    For 2018, Harleysville Bank's most frequently originated type of loan was Conventional, with 343 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 137 $25,565,000 $186,606 $0 0.00%
    Home Purchase 114 $39,770,000 $348,860 $0 0.00%
    Home Improvement 50 $4,340,000 $86,800 $0 0.00%
    Other 42 $4,430,000 $105,476 $0 0.00%

    For 2018, Harleysville Bank's most frequently cited loan purpose was Refi, with 137 originations. The 2nd most popular reason was Home Purchase, with 114 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 343 $74,105,000 $216,050 $0 0.00%

    For 2018, Harleysville Bank's most frequently cited loan duration was Other, with 343 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 126 $6,040,000 $47,937 $0 0.00%
    $100k-200k 93 $13,455,000 $144,677 $0 0.00%
    $200k-400k 85 $22,965,000 $270,176 $0 0.00%
    $400k-600k 20 $9,950,000 $497,500 $0 0.00%
    $600k-1MM 10 $7,340,000 $734,000 $0 0.00%
    $1MM+ 9 $14,355,000 $1,595,000 $0 0.00%

    2018 saw Harleysville Bank place emphasis on $100,000 or less loans with 126 originations, totaling $6,040,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 70 $10,530,000 $150,429 $0 0.00%
    $150k-250k 64 $12,870,000 $201,094 $0 0.00%
    $50k-75k 45 $4,295,000 $95,444 $0 0.00%
    $250k+ 41 $19,305,000 $470,854 $0 0.00%
    $75k-100k 39 $4,145,000 $106,282 $0 0.00%
    $50k or less 18 $1,150,000 $63,889 $0 0.00%

    Harleysville Bank lent most frequently to those with incomes in the $100k-150k range, with 70 originations. The second most popular income band? $150k-250k, with 64 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 343 $74,105,000 $216,050 $0 0.00%

    Harleysville Bank lent most frequently to those with DTI ratios of Exempt%, with 343 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 244 $44,660,000 $183,033 $0 0.00%
    Not applicable 64 $21,590,000 $337,344 $0 0.00%
    Not provided 25 $5,665,000 $226,600 $0 0.00%
    Asian 8 $1,900,000 $237,500 $0 0.00%
    Black 2 $290,000 $145,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    85.89%

    Harleysville Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    84.55%

    Harleysville Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 343 $74,105,000 $216,050

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 10 $9,930,000 $993,000
    Single Family (1-4 Units):Site-Built 333 $64,175,000 $192,718

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Harleysville Bank 1550 Hatfield Valley Road Hatfield, PA 19440 Full Service B&M $82,496
    Harleysville Bank 1889 Ridge Pike Royersford, PA 19468 Full Service B&M $35,237
    Harleysville Bank 2301 West Main Street Norristown, PA 19403 Full Service B&M $94,459
    Harleysville Bank 271 Main Street Harleysville, PA 19438 Full Service B&M $223,602
    Harleysville Bank 3090 Main Street Sumneytown, PA 18084 Full Service B&M $60,299
    Harleysville Bank 41 N. County Line Road Souderton, PA 18964 Full Service B&M $43,081
    Harleysville Bank 640 East Main Street Lansdale, PA 19446 Full Service B&M $60,342

    For 2018, Harleysville Bank had 7 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $31,226
    Net interest income $24,619
    Total noninterest income $2,534
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $516
    Trading account gains and fees $0
    Additional Noninterest Income $2,018
    Pre-tax net operating income $11,195
    Securities gains (or losses, -) $0
    Income before extraordinary items $8,546
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $8,546
    Minority interest net income $0
    Net income $8,546
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $8,546

    Harleysville Bank's gross interest income from loans was $31,226,000.
    Harleysville Bank's net interest income from loans was $24,619,000.
    Harleysville Bank's fee based income from loans was $516,000.
    Harleysville Bank's net income from loans was $8,546,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $6,607
    Provision for credit losses $1,225
    Total noninterest expense $14,733
    Salaries and employee benefits $8,357
    Premises and equipment expense $1,437
    Additional noninterest expense $4,939
    Applicable income taxes $2,649
    Net charge-offs $1,036
    Cash dividends $5,103

    Harleysville Bank's interest expense for loans was $6,607,000.
    Harleysville Bank's payroll and benefits expense were $8,357,000.
    Harleysville Bank's property, plant and equipment expenses $1,437,000.

    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 2.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 1.0%
    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 $593,416
    Deposits held in domestic offices $593,416
    Deposits by Individuals, partnerships, and corporations $588,145
    Deposits by U.S. Government $5
    Deposits by States and political subdivisions in the U.S. $5,204
    Deposits by Commercial banks and other depository institutions in U.S. $63
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $47,007
    Demand deposits $17,240
    Nontransaction accounts $546,410
    Money market deposit accounts (MMDAs) $206,863
    Other savings deposits (excluding MMDAs) $149,918
    Total time deposits $189,629
    Total time and savings deposits $576,177
    Noninterest-bearing deposits $65,866
    Interest-bearing deposits $527,550
    Retail deposits $577,792
    IRAs and Keogh plan accounts $52,677
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $772,829
    Cash & Balances due from depository institutions $10,717
    Interest-bearing balances $8,489
    Total securities $104,428
    Federal funds sold & reverse repurchase $438
    Net loans and leases $621,792
    Loan and leases loss allowance $4,155
    Trading account assets $0
    Bank premises and fixed assets $9,503
    Other real estate owned $282
    Goodwill and other intangibles $0
    All other assets $25,669

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $772,829
    Total Liabilities $699,763
    Total deposits $593,416
    Interest-bearing deposits $527,550
    Deposits held in domestic offices $593,416
    % insured (estimated) $75
    Federal funds purchased and repurchase agreements $7,138
    Trading liabilities $0
    Other borrowed funds $97,021
    Subordinated debt $0
    All other liabilities $2,188

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $621,792
    Loan and leases loss allowance $4,155
    Total loans and leases (domestic) $625,947
    All real estate loans $616,760
    Real estate loans in domestic offices $616,760
    Construction and development loans $9,623
    Residential 1-4 family construction $556
    Other construction, all land development and other land $9,067
    Loans secured by nonfarm nonresidential properties $156,301
    Nonfarm nonresidential secured by owner-occupied properties $27,552
    Commercial real estate & other non-farm, non-residential $128,749
    Multifamily residential real estate $22,321
    1-4 family residential loans $426,351
    Farmland loans $2,164
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $8,552
    To non-U.S. addressees $0
    Loans to individuals $496
    Credit card loans $0
    Related Plans $43
    Consumer Auto Loans $0
    Other loans to individuals $453
    All other loans & leases $139
    Loans to foreign governments and official institutions $0
    Other loans $139
    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 $935
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Harleysville Bank had $621,792,000 of loans outstanding in 2018. $616,760,000 of loans were in real estate loans. $9,623,000 of loans were in development loans. $22,321,000 of loans were in multifamily mortgage loans. $426,351,000 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 249 $62,521 $251,088
    Nonfarm, nonresidential loans - <$100k 31 $1,302 $42,000
    Nonfarm, nonresidential loans - $100-250k 93 $13,389 $143,968
    Nonfarm, nonresidential loans - $250k-1MM 125 $47,830 $382,640
    Commercial & Industrial, US addressed loans - <$1MM 216 $8,552 $39,593
    Commercial & Industrial, US addressed loans - <$100k 171 $3,362 $19,661
    Commercial & Industrial, US addressed loans - $100-250k 30 $2,346 $78,200
    Commercial & Industrial, US addressed loans - $250k-1MM 15 $2,844 $189,600