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, and Reading among others. We have data for 3 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

    221

    Origination Dollar Volume (All Markets)

    $41,685,000

    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) 202 $38,570,000 $190,941 $0 0.00%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 11 $2,475,000 $225,000 $0 0.00%
    READING, PA (FHA|USDA|VA) 8 $640,000 $80,000 $0 0.00%
    Harleysville Bank's top markets include Philadelphia, Allentown, and Reading among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 221 $41,685,000 $188,620 $0 0.00%

    For 2019, Harleysville Bank's most frequently originated type of loan was Conventional, with 221 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 73 $15,715,000 $215,274 $0 0.00%
    Home Purchase 63 $18,785,000 $298,175 $0 0.00%
    Home Improvement 53 $3,435,000 $64,811 $0 0.00%
    Other 32 $3,750,000 $117,188 $0 0.00%

    For 2019, Harleysville Bank's most frequently cited loan purpose was Refi, with 73 originations. The 2nd most popular reason was Home Purchase, with 63 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 221 $41,685,000 $188,620 $0 0.00%

    For 2019, Harleysville Bank's most frequently cited loan duration was Other, with 221 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 89 $4,005,000 $45,000 $0 0.00%
    $100k-200k 58 $8,320,000 $143,448 $0 0.00%
    $200k-400k 47 $12,935,000 $275,213 $0 0.00%
    $400k-600k 16 $7,790,000 $486,875 $0 0.00%
    $600k-1MM 9 $6,485,000 $720,556 $0 0.00%
    $1MM+ 2 $2,150,000 $1,075,000 $0 0.00%

    2019 saw Harleysville Bank place emphasis on $100,000 or less loans with 89 originations, totaling $4,005,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 44 $8,390,000 $190,682 $0 0.00%
    $100k-150k 43 $5,955,000 $138,488 $0 0.00%
    $75k-100k 29 $2,905,000 $100,172 $0 0.00%
    $250k+ 23 $8,185,000 $355,870 $0 0.00%
    $50k-75k 23 $1,595,000 $69,348 $0 0.00%
    $50k or less 9 $565,000 $62,778 $0 0.00%

    Harleysville Bank lent most frequently to those with incomes in the $150k-250k range, with 44 originations. The second most popular income band? $100k-150k, with 43 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 221 $41,685,000 $188,620 $0 0.00%

    Harleysville Bank lent most frequently to those with DTI ratios of Exempt%, with 221 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 134 $21,740,000 $162,239 $0 0.00%
    Not applicable 50 $14,090,000 $281,800 $0 0.00%
    Not provided 33 $5,435,000 $164,697 $0 0.00%
    Asian 3 $335,000 $111,667 $0 0.00%
    Black 1 $85,000 $85,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    84.05%

    Harleysville Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    85.52%

    Harleysville Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 221 $41,685,000 $188,620

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $495,000 $495,000
    Multifamily:Site-Built 9 $5,785,000 $642,778
    Single Family (1-4 Units):Site-Built 211 $35,405,000 $167,796

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Harleysville Bank 1550 Hatfield Valley Road Hatfield, PA 19440 Full Service B&M $82,223
    Harleysville Bank 1889 Ridge Pike Royersford, PA 19468 Full Service B&M $35,821
    Harleysville Bank 2301 West Main Street Norristown, PA 19403 Full Service B&M $93,259
    Harleysville Bank 271 Main Street Harleysville, PA 19438 Full Service B&M $221,045
    Harleysville Bank 3090 Main Street Sumneytown, PA 18084 Full Service B&M $64,409
    Harleysville Bank 41 N. County Line Road Souderton, PA 18964 Full Service B&M $45,457
    Harleysville Bank 640 East Main Street Lansdale, PA 19446 Full Service B&M $60,879

    For 2019, Harleysville Bank had 7 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $31,800
    Net interest income $24,552
    Total noninterest income $2,268
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $536
    Trading account gains and fees $0
    Additional Noninterest Income $1,732
    Pre-tax net operating income $11,240
    Securities gains (or losses, -) $144
    Income before extraordinary items $8,635
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $8,635
    Minority interest net income $0
    Net income $8,635
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $8,521

    Harleysville Bank's gross interest income from loans was $31,800,000.
    Harleysville Bank's net interest income from loans was $24,552,000.
    Harleysville Bank's fee based income from loans was $536,000.
    Harleysville Bank's net income from loans was $8,635,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $7,248
    Provision for credit losses $812
    Total noninterest expense $14,768
    Salaries and employee benefits $8,531
    Premises and equipment expense $1,467
    Additional noninterest expense $4,770
    Applicable income taxes $2,749
    Net charge-offs $256
    Cash dividends $4,320

    Harleysville Bank's interest expense for loans was $7,248,000.
    Harleysville Bank's payroll and benefits expense were $8,531,000.
    Harleysville Bank's property, plant and equipment expenses $1,467,000.

    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 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 $595,846
    Deposits held in domestic offices $595,846
    Deposits by Individuals, partnerships, and corporations $592,078
    Deposits by U.S. Government $7
    Deposits by States and political subdivisions in the U.S. $3,731
    Deposits by Commercial banks and other depository institutions in U.S. $30
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $47,723
    Demand deposits $18,004
    Nontransaction accounts $548,123
    Money market deposit accounts (MMDAs) $204,026
    Other savings deposits (excluding MMDAs) $155,460
    Total time deposits $188,635
    Total time and savings deposits $577,842
    Noninterest-bearing deposits $59,620
    Interest-bearing deposits $536,226
    Retail deposits $582,802
    IRAs and Keogh plan accounts $50,264
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $785,550
    Cash & Balances due from depository institutions $24,476
    Interest-bearing balances $19,039
    Total securities $126,246
    Federal funds sold & reverse repurchase $459
    Net loans and leases $596,045
    Loan and leases loss allowance $4,711
    Trading account assets $0
    Bank premises and fixed assets $12,593
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $25,731

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $785,549
    Total Liabilities $708,172
    Total deposits $595,846
    Interest-bearing deposits $536,226
    Deposits held in domestic offices $595,846
    % insured (estimated) $81
    Federal funds purchased and repurchase agreements $9,153
    Trading liabilities $0
    Other borrowed funds $101,108
    Subordinated debt $0
    All other liabilities $2,065

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $596,045
    Loan and leases loss allowance $4,711
    Total loans and leases (domestic) $600,756
    All real estate loans $592,306
    Real estate loans in domestic offices $592,306
    Construction and development loans $9,019
    Residential 1-4 family construction $0
    Other construction, all land development and other land $9,019
    Loans secured by nonfarm nonresidential properties $150,468
    Nonfarm nonresidential secured by owner-occupied properties $24,048
    Commercial real estate & other non-farm, non-residential $126,420
    Multifamily residential real estate $23,982
    1-4 family residential loans $406,720
    Farmland loans $2,117
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $7,773
    To non-U.S. addressees $0
    Loans to individuals $588
    Credit card loans $0
    Related Plans $25
    Consumer Auto Loans $0
    Other loans to individuals $563
    All other loans & leases $89
    Loans to foreign governments and official institutions $0
    Other loans $89
    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 $803
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Harleysville Bank had $596,045,000 of loans outstanding in 2019. $592,306,000 of loans were in real estate loans. $9,019,000 of loans were in development loans. $23,982,000 of loans were in multifamily mortgage loans. $406,720,000 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 256 $64,336 $251,313
    Nonfarm, nonresidential loans - <$100k 32 $1,039 $32,469
    Nonfarm, nonresidential loans - $100-250k 90 $12,306 $136,733
    Nonfarm, nonresidential loans - $250k-1MM 134 $50,991 $380,530
    Commercial & Industrial, US addressed loans - <$1MM 211 $7,773 $36,839
    Commercial & Industrial, US addressed loans - <$100k 168 $3,296 $19,619
    Commercial & Industrial, US addressed loans - $100-250k 28 $2,248 $80,286
    Commercial & Industrial, US addressed loans - $250k-1MM 15 $2,229 $148,600