Harleysville Bank Mortgage Rates, Fees & Info

Harleysville, PA

LEI: 2549009Y4KUKP1V77375

Tax ID: 23-0672875

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
  • 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

    223

    Origination Dollar Volume (All Markets)

    $64,685,000

    Employee count

    101

    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) 210 $61,540,000 $293,048 $0 0.00%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 8 $2,540,000 $317,500 $0 0.00%
    READING, PA (FHA|USDA|VA) 5 $605,000 $121,000 $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 223 $64,685,000 $290,067 $0 0.00%

    For 2020, Harleysville Bank's most frequently originated type of loan was Conventional, with 223 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 96 $30,580,000 $318,542 $0 0.00%
    Home Purchase 75 $29,895,000 $398,600 $0 0.00%
    Home Improvement 27 $1,305,000 $48,333 $0 0.00%
    Other 25 $2,905,000 $116,200 $0 0.00%

    For 2020, Harleysville Bank's most frequently cited loan purpose was Refi, with 96 originations. The 2nd most popular reason was Home Purchase, with 75 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 223 $64,685,000 $290,067 $0 0.00%

    For 2020, Harleysville Bank's most frequently cited loan duration was Other, with 223 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 67 $9,775,000 $145,896 $0 0.00%
    $200k-400k 59 $15,645,000 $265,169 $0 0.00%
    $100,000 or less 57 $2,375,000 $41,667 $0 0.00%
    $400k-600k 21 $10,405,000 $495,476 $0 0.00%
    $1MM+ 10 $19,040,000 $1,904,000 $0 0.00%
    $600k-1MM 9 $7,445,000 $827,222 $0 0.00%

    2020 saw Harleysville Bank place emphasis on $100k-200k loans with 67 originations, totaling $9,775,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 38 $5,160,000 $135,789 $0 0.00%
    $150k-250k 35 $8,725,000 $249,286 $0 0.00%
    $250k+ 27 $12,595,000 $466,481 $0 0.00%
    $75k-100k 20 $2,320,000 $116,000 $0 0.00%
    $50k-75k 17 $1,365,000 $80,294 $0 0.00%
    $50k or less 8 $770,000 $96,250 $0 0.00%

    Harleysville Bank lent most frequently to those with incomes in the $100k-150k range, with 38 originations. The second most popular income band? $150k-250k, with 35 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 223 $64,685,000 $290,067 $0 0.00%

    Harleysville Bank lent most frequently to those with DTI ratios of Exempt%, with 223 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 75 $32,975,000 $439,667 $0 0.00%
    White 113 $24,955,000 $220,841 $0 0.00%
    Not provided 33 $6,325,000 $191,667 $0 0.00%
    Black 1 $375,000 $375,000 $0 0.00%
    Asian 1 $55,000 $55,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    85.71%

    Harleysville Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    85.20%

    Harleysville Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 223 $64,685,000 $290,067

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 18 $18,320,000 $1,017,778
    Single Family (1-4 Units):Manufactured 1 $115,000 $115,000
    Single Family (1-4 Units):Site-Built 204 $46,250,000 $226,716

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Harleysville Bank 1550 Hatfield Valley Road Hatfield, PA 19440 Full Service B&M $86,971
    Harleysville Bank 1889 Ridge Pike Royersford, PA 19468 Full Service B&M $44,206
    Harleysville Bank 2301 West Main Street Norristown, PA 19403 Full Service B&M $96,450
    Harleysville Bank 271 Main Street Harleysville, PA 19438 Full Service B&M $242,700
    Harleysville Bank 3090 Main Street Sumneytown, PA 18084 Full Service B&M $70,876
    Harleysville Bank 41 N. County Line Road Souderton, PA 18964 Full Service B&M $50,498
    Harleysville Bank 640 East Main Street Lansdale, PA 19446 Full Service B&M $67,795

    For 2020, Harleysville Bank had 7 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $29,533
    Net interest income $23,373
    Total noninterest income $2,184
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $423
    Trading account gains and fees $0
    Additional Noninterest Income $1,761
    Pre-tax net operating income $10,449
    Securities gains (or losses, -) $7
    Income before extraordinary items $7,966
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $7,966
    Minority interest net income $0
    Net income $7,966
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $7,960

    Harleysville Bank's gross interest income from loans was $29,533,000.
    Harleysville Bank's net interest income from loans was $23,373,000.
    Harleysville Bank's fee based income from loans was $423,000.
    Harleysville Bank's net income from loans was $7,966,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $6,160
    Provision for credit losses $716
    Total noninterest expense $14,392
    Salaries and employee benefits $8,278
    Premises and equipment expense $1,508
    Additional noninterest expense $4,606
    Applicable income taxes $2,490
    Net charge-offs $192
    Cash dividends $5,820

    Harleysville Bank's interest expense for loans was $6,160,000.
    Harleysville Bank's payroll and benefits expense were $8,278,000.
    Harleysville Bank's property, plant and equipment expenses $1,508,000.

    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 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 $689,182
    Deposits held in domestic offices $689,182
    Deposits by Individuals, partnerships, and corporations $686,249
    Deposits by U.S. Government $2
    Deposits by States and political subdivisions in the U.S. $2,834
    Deposits by Commercial banks and other depository institutions in U.S. $97
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $60,198
    Demand deposits $24,452
    Nontransaction accounts $628,984
    Money market deposit accounts (MMDAs) $247,657
    Other savings deposits (excluding MMDAs) $212,751
    Total time deposits $168,578
    Total time and savings deposits $664,730
    Noninterest-bearing deposits $99,694
    Interest-bearing deposits $589,488
    Retail deposits $677,256
    IRAs and Keogh plan accounts $48,746
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $874,507
    Cash & Balances due from depository institutions $148,727
    Interest-bearing balances $141,890
    Total securities $92,409
    Federal funds sold & reverse repurchase $398
    Net loans and leases $595,432
    Loan and leases loss allowance $5,235
    Trading account assets $0
    Bank premises and fixed assets $12,011
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $25,530

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $874,507
    Total Liabilities $794,982
    Total deposits $689,182
    Interest-bearing deposits $589,488
    Deposits held in domestic offices $689,182
    % insured (estimated) $75
    Federal funds purchased and repurchase agreements $17,174
    Trading liabilities $0
    Other borrowed funds $87,000
    Subordinated debt $0
    All other liabilities $1,626

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $595,432
    Loan and leases loss allowance $5,235
    Total loans and leases (domestic) $600,667
    All real estate loans $570,967
    Real estate loans in domestic offices $570,967
    Construction and development loans $9,803
    Residential 1-4 family construction $179
    Other construction, all land development and other land $9,624
    Loans secured by nonfarm nonresidential properties $177,037
    Nonfarm nonresidential secured by owner-occupied properties $22,294
    Commercial real estate & other non-farm, non-residential $154,743
    Multifamily residential real estate $27,695
    1-4 family residential loans $354,029
    Farmland loans $2,403
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $29,044
    To non-U.S. addressees $0
    Loans to individuals $552
    Credit card loans $0
    Related Plans $20
    Consumer Auto Loans $6
    Other loans to individuals $526
    All other loans & leases $104
    Loans to foreign governments and official institutions $0
    Other loans $104
    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 $421
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Harleysville Bank had $595,432,000 of loans outstanding in 2020. $570,967,000 of loans were in real estate loans. $9,803,000 of loans were in development loans. $27,695,000 of loans were in multifamily mortgage loans. $354,029,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $6,000 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 287 $73,826 $257,233
    Nonfarm, nonresidential loans - <$100k 41 $1,294 $31,561
    Nonfarm, nonresidential loans - $100-250k 90 $12,328 $136,978
    Nonfarm, nonresidential loans - $250k-1MM 156 $60,204 $385,923
    Commercial & Industrial, US addressed loans - <$1MM 462 $27,188 $58,848
    Commercial & Industrial, US addressed loans - <$100k 363 $9,532 $26,259
    Commercial & Industrial, US addressed loans - $100-250k 65 $7,515 $115,615
    Commercial & Industrial, US addressed loans - $250k-1MM 34 $10,141 $298,265
    Farmland loans - <$1MM 1 $335 $335,000
    Farmland loans - $250k-1MM 1 $335 $335,000