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

Jump to:

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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    230

    Origination Dollar Volume (All Markets)

    $70,080,000

    Employee count

    95

    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) 207 $63,975,000 $309,058 $0 0.00%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 20 $5,330,000 $266,500 $0 0.00%
    READING, PA (FHA|USDA|VA) 3 $775,000 $258,333 $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 230 $70,080,000 $304,696 $0 0.00%

    For 2021, Harleysville Bank's most frequently originated type of loan was Conventional, with 230 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 109 $31,665,000 $290,505 $0 0.00%
    Home Purchase 79 $34,025,000 $430,696 $0 0.00%
    Other 25 $3,665,000 $146,600 $0 0.00%
    Home Improvement 17 $725,000 $42,647 $0 0.00%

    For 2021, Harleysville Bank's most frequently cited loan purpose was Refi, with 109 originations. The 2nd most popular reason was Home Purchase, with 79 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 230 $70,080,000 $304,696 $0 0.00%

    For 2021, Harleysville Bank's most frequently cited loan duration was Other, with 230 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 90 $24,470,000 $271,889 $0 0.00%
    $100k-200k 57 $8,785,000 $154,123 $0 0.00%
    $100,000 or less 40 $2,020,000 $50,500 $0 0.00%
    $400k-600k 27 $12,725,000 $471,296 $0 0.00%
    $1MM+ 8 $15,450,000 $1,931,250 $0 0.00%
    $600k-1MM 8 $6,630,000 $828,750 $0 0.00%

    2021 saw Harleysville Bank place emphasis on $200k-400k loans with 90 originations, totaling $24,470,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 30 $7,080,000 $236,000 $0 0.00%
    $250k+ 28 $10,480,000 $374,286 $0 0.00%
    $150k-250k 25 $8,685,000 $347,400 $0 0.00%
    $75k-100k 24 $3,240,000 $135,000 $0 0.00%
    $50k-75k 21 $2,685,000 $127,857 $0 0.00%
    $50k or less 7 $485,000 $69,286 $0 0.00%

    Harleysville Bank lent most frequently to those with incomes in the $100k-150k range, with 30 originations. The second most popular income band? $250k+, with 28 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 230 $70,080,000 $304,696 $0 0.00%

    Harleysville Bank lent most frequently to those with DTI ratios of Exempt%, with 230 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 94 $37,140,000 $395,106 $0 0.00%
    White 114 $27,760,000 $243,509 $0 0.00%
    Not provided 19 $4,115,000 $216,579 $0 0.00%
    Black 1 $555,000 $555,000 $0 0.00%
    Asian 2 $510,000 $255,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    89.94%

    Harleysville Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    86.09%

    Harleysville Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 230 $70,080,000 $304,696

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    230 $70,080,000 $304,696

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Harleysville Bank 1550 Hatfield Valley Road Hatfield, PA 19440 Full Service B&M $97,923
    Harleysville Bank 1889 Ridge Pike Royersford, PA 19468 Full Service B&M $51,503
    Harleysville Bank 2301 West Main Street Norristown, PA 19403 Full Service B&M $103,697
    Harleysville Bank 271 Main Street Harleysville, PA 19438 Full Service B&M $268,883
    Harleysville Bank 3090 Main Street Sumneytown, PA 18084 Full Service B&M $79,019
    Harleysville Bank 41 N. County Line Road Souderton, PA 18964 Full Service B&M $54,906
    Harleysville Bank 640 East Main Street Lansdale, PA 19446 Full Service B&M $74,068

    For 2021, Harleysville Bank had 7 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $27,092
    Net interest income $22,642
    Total noninterest income $2,681
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $451
    Trading account gains and fees $0
    Additional Noninterest Income $2,230
    Pre-tax net operating income $10,007
    Securities gains (or losses, -) $1
    Income before extraordinary items $7,585
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $7,585
    Minority interest net income $0
    Net income $7,585
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $7,584

    Harleysville Bank's gross interest income from loans was $27,092,000.
    Harleysville Bank's net interest income from loans was $22,642,000.
    Harleysville Bank's fee based income from loans was $451,000.
    Harleysville Bank's net income from loans was $7,585,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $4,450
    Provision for credit losses $350
    Total noninterest expense $14,966
    Salaries and employee benefits $8,467
    Premises and equipment expense $1,491
    Additional noninterest expense $5,008
    Applicable income taxes $2,423
    Net charge-offs $386
    Cash dividends $5,785

    Harleysville Bank's interest expense for loans was $4,450,000.
    Harleysville Bank's payroll and benefits expense were $8,467,000.
    Harleysville Bank's property, plant and equipment expenses $1,491,000.

    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 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 7.0%
    Credit card loans 0.0%
    Other individual loans 7.0%
    Auto loans 0.0%
    Other consumer loans 7.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $756,921
    Deposits held in domestic offices $756,921
    Deposits by Individuals, partnerships, and corporations $752,674
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $4,235
    Deposits by Commercial banks and other depository institutions in U.S. $12
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $64,008
    Demand deposits $24,386
    Nontransaction accounts $692,913
    Money market deposit accounts (MMDAs) $298,058
    Other savings deposits (excluding MMDAs) $243,770
    Total time deposits $151,084
    Total time and savings deposits $732,535
    Noninterest-bearing deposits $106,011
    Interest-bearing deposits $650,910
    Retail deposits $744,134
    IRAs and Keogh plan accounts $45,724
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $910,462
    Cash & Balances due from depository institutions $223,569
    Interest-bearing balances $214,052
    Total securities $119,017
    Federal funds sold & reverse repurchase $96
    Net loans and leases $531,795
    Loan and leases loss allowance $5,199
    Trading account assets $0
    Bank premises and fixed assets $11,560
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $24,425

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $910,462
    Total Liabilities $829,139
    Total deposits $756,921
    Interest-bearing deposits $650,910
    Deposits held in domestic offices $756,921
    % insured (estimated) $80
    Federal funds purchased and repurchase agreements $10,681
    Trading liabilities $0
    Other borrowed funds $60,065
    Subordinated debt $0
    All other liabilities $1,472

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $531,795
    Loan and leases loss allowance $5,199
    Total loans and leases (domestic) $536,994
    All real estate loans $523,989
    Real estate loans in domestic offices $523,989
    Construction and development loans $8,208
    Residential 1-4 family construction $94
    Other construction, all land development and other land $8,114
    Loans secured by nonfarm nonresidential properties $182,077
    Nonfarm nonresidential secured by owner-occupied properties $20,568
    Commercial real estate & other non-farm, non-residential $161,509
    Multifamily residential real estate $26,963
    1-4 family residential loans $304,401
    Farmland loans $2,340
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $12,131
    To non-U.S. addressees $0
    Loans to individuals $464
    Credit card loans $0
    Related Plans $20
    Consumer Auto Loans $0
    Other loans to individuals $444
    All other loans & leases $410
    Loans to foreign governments and official institutions $0
    Other loans $410
    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 $435
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Harleysville Bank had $531,795,000 of loans outstanding in 2021. $523,989,000 of loans were in real estate loans. $8,208,000 of loans were in development loans. $26,963,000 of loans were in multifamily mortgage loans. $304,401,000 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 285 $80,065 $280,930
    Nonfarm, nonresidential loans - <$100k 40 $1,425 $35,625
    Nonfarm, nonresidential loans - $100-250k 89 $12,172 $136,764
    Nonfarm, nonresidential loans - $250k-1MM 156 $66,468 $426,077
    Commercial & Industrial, US addressed loans - <$1MM 216 $12,131 $56,162
    Commercial & Industrial, US addressed loans - <$100k 165 $3,652 $22,133
    Commercial & Industrial, US addressed loans - $100-250k 28 $2,530 $90,357
    Commercial & Industrial, US addressed loans - $250k-1MM 23 $5,949 $258,652
    Farmland loans - <$1MM 1 $324 $324,000
    Farmland loans - $250k-1MM 1 $324 $324,000