First Keystone Community Bank Mortgage Rates, Fees & Info

Berwick, PA

LEI: 254900JM9VOQ8A8WF359

Tax ID: 24-0525403

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Bank Data

Review & Overview

First Keystone Community Bank is a smaller bank specializing in Home Purchase and Refi loans. First Keystone Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Scranton, Allentown, Bloomsburg, East Stroudsburg, and Sunbury among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)

First Keystone Community 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. First Keystone Community Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

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.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 7.00% 3/28/24
30 Year Conventional Refi 6.70% 3/28/24
30 Year Cash-out Refi 6.55% 3/28/24
15 Year Conventional Purchase 7.56% 3/28/24
15 Year Conventional Refi 6.56% 3/28/24
15 Year Cash-out Refi 6.56% 3/28/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

First Keystone Community Bank Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from First Keystone Community Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

627

Origination Dollar Volume (All Markets)

$108,655,000

Employee count

198

Awards

First Keystone Community Bank 30 Year Conventional Loans silver First Keystone Community Bank 30 Year Conventional Loans gold First Keystone Community Bank 30 Year Conventional Loans bronze First Keystone Community Bank 30 Year Conventional Loans gold
Show all (4) awards

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
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 216 $32,250,000 $149,306 $3,039 3.45%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 148 $31,670,000 $213,986 $3,092 4.05%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 187 $27,725,000 $148,262 $2,487 3.30%
EAST STROUDSBURG, PA (FHA|USDA|VA) 56 $12,550,000 $224,107 $2,945 3.54%
Sunbury, PA (FHA|USDA|VA) 6 $1,460,000 $243,333 $2,699 3.40%
Pottsville, PA (FHA|USDA|VA) 7 $1,045,000 $149,286 $4,502 3.81%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3 $875,000 $291,667 $7,236 2.83%
Outside of Metro Areas 2 $580,000 $290,000 $3,831 3.13%
WILLIAMSPORT, PA (FHA|USDA|VA) 1 $275,000 $275,000 $0 4.00%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $225,000 $225,000 $7,889 3.25%
First Keystone Community Bank's top markets include Scranton, Allentown, Bloomsburg, East Stroudsburg, and Sunbury among others.

Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Similar Lenders

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 627 $108,655,000 $173,293 $2,833 3.56%

    For 2021, First Keystone Community Bank's most frequently originated type of loan was Conventional, with 627 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 325 $55,405,000 $170,477 $3,979 3.77%
    Refi 208 $39,830,000 $191,490 $1,956 3.44%
    Cash Out Refi 58 $10,940,000 $188,621 $4,136 2.75%
    Home Improvement 22 $1,070,000 $48,636 $327 3.63%
    Other 14 $1,410,000 $100,714 $904 3.49%

    For 2021, First Keystone Community Bank's most frequently cited loan purpose was Home Purchase, with 325 originations. The 2nd most popular reason was Refi, with 208 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 290 $56,980,000 $196,483 $2,996 3.84%
    15 Year 142 $19,650,000 $138,380 $1,879 3.20%
    30 Year 82 $15,080,000 $183,902 $3,874 3.08%
    10 Year 48 $4,190,000 $87,292 $650 3.64%
    Other 25 $6,405,000 $256,200 $4,093 3.65%
    30+ year 16 $4,800,000 $300,000 $7,644 3.02%
    1 Year 12 $1,010,000 $84,167 $0 4.18%
    5 Year 12 $540,000 $45,000 $319 3.58%

    For 2021, First Keystone Community Bank's most frequently cited loan duration was 20 Year, with 290 originations. The 2nd most popular length was 15 Year, with 142 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 233 $30,255,000 $129,850
    $1k-2k 53 $11,075,000 $208,962
    $2k-3k 21 $3,875,000 $184,524
    $3k-4k 12 $2,920,000 $243,333
    $5k+ 12 $4,300,000 $358,333
    $4k-5k 8 $2,140,000 $267,500

    First Keystone Community Bank's average total fees were $3,874, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 233 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 331 $58,135,000 $175,634
    4-5% 160 $25,350,000 $158,438
    2.5-3% 99 $19,395,000 $195,909
    <2.5% 37 $5,775,000 $156,081

    During 2021, First Keystone Community Bank's average interest rate for loans was 3.08%, while their most frequently originated rate bucket for loans was 3-4%, with 331 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 244 $35,470,000 $145,369 $2,805 3.52%
    $100,000 or less 216 $14,200,000 $65,741 $1,266 3.65%
    $200k-400k 136 $37,350,000 $274,632 $4,407 3.42%
    $400k-600k 21 $9,925,000 $472,619 $7,862 3.72%
    $1MM+ 5 $7,945,000 $1,589,000 $7,910 3.79%
    $600k-1MM 5 $3,765,000 $753,000 $0 3.88%

    2021 saw First Keystone Community Bank place emphasis on $100k-200k loans with 244 originations, totaling $35,470,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 87 $11,005,000 $126,494 $2,456 3.25%
    $50k or less 83 $8,025,000 $96,687 $1,977 3.26%
    $100k-150k 68 $12,460,000 $183,235 $2,992 3.26%
    $75k-100k 63 $10,595,000 $168,175 $3,013 3.18%
    $150k-250k 42 $11,300,000 $269,048 $4,616 3.21%
    $250k+ 17 $4,555,000 $267,941 $4,102 3.05%

    First Keystone Community Bank lent most frequently to those with incomes in the $50k-75k range, with 87 originations. The second most popular income band? $50k or less, with 83 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 84 $12,120,000 $144,286 $2,538 3.12%
    30-36% 61 $9,165,000 $150,246 $2,878 3.23%
    <20% 43 $6,705,000 $155,930 $2,712 3.06%
    36% 15 $1,895,000 $126,333 $2,278 3.18%
    42% 12 $1,670,000 $139,167 $2,629 3.45%
    38% 12 $1,920,000 $160,000 $2,735 2.91%
    47% 12 $2,130,000 $177,500 $3,133 3.02%
    39% 11 $1,545,000 $140,455 $2,523 3.12%
    48% 10 $1,870,000 $187,000 $4,321 3.09%
    37% 10 $1,870,000 $187,000 $3,356 3.08%
    40% 9 $2,365,000 $262,778 $3,253 3.28%
    43% 9 $1,855,000 $206,111 $3,395 3.01%
    >60% 9 $2,235,000 $248,333 $3,181 3.55%
    46% 8 $1,280,000 $160,000 $3,642 3.06%
    44% 7 $1,225,000 $175,000 $2,850 3.15%
    49% 7 $1,195,000 $170,714 $3,380 3.30%
    50-60% 6 $1,090,000 $181,667 $2,131 3.51%
    41% 4 $670,000 $167,500 $2,330 3.31%
    45% 3 $665,000 $221,667 $4,512 2.97%

    First Keystone Community Bank lent most frequently to those with DTI ratios of 20-30%, with 84 originations. The next most common DTI ratio? 30-36%, with 61 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 358 $56,220,000 $157,039 $2,754 3.22%
    Not applicable 255 $48,665,000 $190,843 $0 4.04%
    Black 6 $1,560,000 $260,000 $6,121 3.26%
    Asian 4 $1,020,000 $255,000 $3,306 3.17%
    Not provided 2 $720,000 $360,000 $6,648 3.13%
    Other Asian 1 $295,000 $295,000 $3,609 3.60%
    Asian Indian 1 $175,000 $175,000 $0 4.10%

    Approval Rates

    Total approvals of all applications
    95.43%

    First Keystone Community Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    92.03%

    First Keystone Community Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 627 $108,655,000 $173,293

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    627 $108,655,000 $173,293

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 56 $4,360,000 $77,857 $1,070 3.35%
    40-60% 96 $15,670,000 $163,229 $2,396 3.34%
    60-80% 376 $71,940,000 $191,330 $3,390 3.71%
    80-100% 71 $15,585,000 $219,507 $4,334 3.16%
    Under 20% 28 $1,100,000 $39,286 $510 3.56%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    FIRST COMMUNITY MORTGAGE, INC. Conventional home mortgage Trouble during payment process 4 66.7%
    FIRST COMMUNITY MORTGAGE, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 16.7%
    FIRST COMMUNITY MORTGAGE, INC. Conventional home mortgage Struggling to pay mortgage 1 16.7%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    First Keystone Community Bank 1049 Bloom Road Danville, PA 17821 Full Service B&M $17,410
    First Keystone Community Bank 107 South Main Street Shickshinny, PA 18655 Full Service B&M $24,694
    First Keystone Community Bank 111 West Front Street Berwick, PA 18603 Full Service B&M $246,342
    First Keystone Community Bank 1154 Route 390 Cresco, PA 18326 Full Service B&M $26,099
    First Keystone Community Bank 1540 Sans Souci Highway Hanover Township, PA 18706 Full Service B&M $41,051
    First Keystone Community Bank 18 North Mountain Boulevard Mountain Top, PA 18707 Full Service B&M $54,491
    First Keystone Community Bank 2022 Route 209 Brodheadsville, PA 18322 Full Service B&M $16,743
    First Keystone Community Bank 2070 Route 611 Swiftwater, PA 18370 Full Service B&M $84,308
    First Keystone Community Bank 2301 Columbia Blvd Bloomsburg, PA 17815 Full Service B&M $82,699
    First Keystone Community Bank 2325 Memorial Highway Dallas, PA 18612 Full Service B&M $11,686
    First Keystone Community Bank 299 Wyoming Avenue Kingston, PA 18704 Full Service B&M $52,986
    First Keystone Community Bank 400 Fowler Avenue Berwick, PA 18603 Full Service B&M $67,926
    First Keystone Community Bank 437 West Third Street Nescopeck, PA 18635 Full Service B&M $37,357
    First Keystone Community Bank 463 West Main Street Plymouth, PA 18651 Full Service B&M $10,619
    First Keystone Community Bank 50 Briar Creek Plaza Berwick, PA 18603 Full Service Retail $21,410
    First Keystone Community Bank 559 Main Street Stroudsburg, PA 18360 Full Service B&M $211,320
    First Keystone Community Bank 701 Freas Avenue Berwick, PA 18603 Full Service B&M $45,612
    First Keystone Community Bank Third And Race Streets Mifflinville, PA 18631 Full Service B&M $25,168

    For 2021, First Keystone Community Bank had 18 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $42,089
    Net interest income $37,992
    Total noninterest income $6,862
    Gross Fiduciary activities income $1,012
    Service charges on deposit accounts $1,306
    Trading account gains and fees $0
    Additional Noninterest Income $4,544
    Pre-tax net operating income $17,862
    Securities gains (or losses, -) $0
    Income before extraordinary items $15,355
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $15,355
    Minority interest net income $0
    Net income $15,355
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $15,355

    First Keystone Community Bank's gross interest income from loans was $42,089,000.
    First Keystone Community Bank's net interest income from loans was $37,992,000.
    First Keystone Community Bank's fee based income from loans was $1,306,000.
    First Keystone Community Bank's net income from loans was $15,355,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $4,097
    Provision for credit losses $860
    Total noninterest expense $26,132
    Salaries and employee benefits $14,026
    Premises and equipment expense $2,591
    Additional noninterest expense $9,515
    Applicable income taxes $2,507
    Net charge-offs $113
    Cash dividends $6,043

    First Keystone Community Bank's interest expense for loans was $4,097,000.
    First Keystone Community Bank's payroll and benefits expense were $14,026,000.
    First Keystone Community Bank's property, plant and equipment expenses $2,591,000.

    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 3.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    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 $1,092,340
    Deposits held in domestic offices $1,092,340
    Deposits by Individuals, partnerships, and corporations $790,035
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $302,305
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $644,657
    Demand deposits $278,040
    Nontransaction accounts $447,683
    Money market deposit accounts (MMDAs) $113,818
    Other savings deposits (excluding MMDAs) $160,773
    Total time deposits $173,092
    Total time and savings deposits $814,300
    Noninterest-bearing deposits $249,624
    Interest-bearing deposits $842,716
    Retail deposits $1,059,556
    IRAs and Keogh plan accounts $41,160
    Brokered deposits $20,000
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,317,494
    Cash & Balances due from depository institutions $61,585
    Interest-bearing balances $52,096
    Total securities $437,916
    Federal funds sold & reverse repurchase $0
    Net loans and leases $744,161
    Loan and leases loss allowance $8,680
    Trading account assets $0
    Bank premises and fixed assets $19,078
    Other real estate owned $0
    Goodwill and other intangibles $19,500
    All other assets $35,254

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,317,494
    Total Liabilities $1,159,819
    Total deposits $1,092,340
    Interest-bearing deposits $842,716
    Deposits held in domestic offices $1,092,340
    % insured (estimated) $55
    Federal funds purchased and repurchase agreements $27,377
    Trading liabilities $0
    Other borrowed funds $35,016
    Subordinated debt $0
    All other liabilities $5,086

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $744,161
    Loan and leases loss allowance $8,680
    Total loans and leases (domestic) $752,841
    All real estate loans $663,593
    Real estate loans in domestic offices $663,593
    Construction and development loans $28,269
    Residential 1-4 family construction $1,708
    Other construction, all land development and other land $26,561
    Loans secured by nonfarm nonresidential properties $300,680
    Nonfarm nonresidential secured by owner-occupied properties $195,345
    Commercial real estate & other non-farm, non-residential $105,335
    Multifamily residential real estate $77,783
    1-4 family residential loans $253,652
    Farmland loans $3,209
    Loans held in foreign offices $0
    Farm loans $781
    Commercial and industrial loans $55,073
    To non-U.S. addressees $0
    Loans to individuals $5,286
    Credit card loans $0
    Related Plans $844
    Consumer Auto Loans $727
    Other loans to individuals $3,715
    All other loans & leases $28,108
    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 $1,643
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $6,435
    Non 1-4 family restructured loans & leases $6,061
    Total loans and leases (foreign) $0

    First Keystone Community Bank had $744,161,000 of loans outstanding in 2021. $663,593,000 of loans were in real estate loans. $28,269,000 of loans were in development loans. $77,783,000 of loans were in multifamily mortgage loans. $253,652,000 of loans were in 1-4 family mortgage loans. $781,000 of loans were in farm loans. $0 of loans were in credit card loans. $727,000 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 600 $133,414 $222,357
    Nonfarm, nonresidential loans - <$100k 134 $5,688 $42,448
    Nonfarm, nonresidential loans - $100-250k 213 $27,303 $128,183
    Nonfarm, nonresidential loans - $250k-1MM 253 $100,423 $396,929
    Commercial & Industrial, US addressed loans - <$1MM 432 $30,009 $69,465
    Commercial & Industrial, US addressed loans - <$100k 324 $8,949 $27,620
    Commercial & Industrial, US addressed loans - $100-250k 67 $7,494 $111,851
    Commercial & Industrial, US addressed loans - $250k-1MM 41 $13,566 $330,878
    Farmland loans - <$1MM 11 $1,505 $136,818
    Farmland loans - <$100k 3 $156 $52,000
    Farmland loans - $100-250k 7 $950 $135,714
    Farmland loans - $250k-1MM 1 $399 $399,000
    Agriculture operations loans - <$1MM 8 $781 $97,625
    Agriculture operations loans - <$100k 5 $105 $21,000
    Agriculture operations loans - $100-250k 2 $367 $183,500
    Agriculture operations loans - $250k-1MM 1 $309 $309,000