Helm Bank Usa Mortgage Rates, Fees & Info
Miami, FLLEI: 254900OGMHGN3FQRRB74
Tax ID: 65-0159184
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Mortgage Data
Bank Data
Review & Overview
Helm Bank Usa is a smaller bank specializing in Home Purchase loans. Helm Bank Usa has a high proportion of conventional loans. Their top markets by origination volume include: Miami, Orlando, Jacksonville, Naples, and Tampa among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Helm Bank Usa 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.
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Originations
122Origination Dollar Volume (All Markets)
$55,020,000Employee count
120Top 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 |
|---|---|---|---|---|---|
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 101 | $44,855,000 | $444,109 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 18 | $8,890,000 | $493,889 | $0 | 0.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $735,000 | $735,000 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 122 | $55,020,000 | $450,984 | $0 | 0.00% |
For 2019, Helm Bank Usa's most frequently originated type of loan was Conventional, with 122 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 110 | $51,260,000 | $466,000 | $0 | 0.00% |
| Refi | 8 | $2,460,000 | $307,500 | $0 | 0.00% |
| Other | 4 | $1,300,000 | $325,000 | $0 | 0.00% |
For 2019, Helm Bank Usa's most frequently cited loan purpose was Home Purchase, with 110 originations. The 2nd most popular reason was Refi, with 8 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 122 | $55,020,000 | $450,984 | $0 | 0.00% |
For 2019, Helm Bank Usa's most frequently cited loan duration was Other, with 122 originations.
Loan Sizing
2019 saw Helm Bank Usa place emphasis on $200k-400k loans with 47 originations, totaling $12,915,000 in origination value.
Applicant Income
Helm Bank Usa lent most frequently to those with incomes in the $250k+ range, with 19 originations. The second most popular income band? $150k-250k, with 8 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 122 | $55,020,000 | $450,984 | $0 | 0.00% |
Helm Bank Usa lent most frequently to those with DTI ratios of Exempt%, with 122 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.91%
Helm Bank Usa has an average approval rate.
Pick Rate
Approvals leading to origination74.59%
Helm Bank Usa has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 122 | $55,020,000 | $450,984 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 122 | $55,020,000 | $450,984 |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Helm Bank USA | 999 Brickell Avenue Miami, FL 33131 | Full Service B&M | $741,854 |
For 2019, Helm Bank Usa had 1 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $34,426 |
| Net interest income | $30,018 |
| Total noninterest income | $4,482 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $1,314 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $3,168 |
| Pre-tax net operating income | $8,268 |
| Securities gains (or losses, -) | $552 |
| Income before extraordinary items | $6,444 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $6,444 |
| Minority interest net income | $0 |
| Net income | $6,444 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $6,007 |
Helm Bank Usa's gross interest income from loans was $34,426,000.
Helm Bank Usa's net interest income from loans was $30,018,000.
Helm Bank Usa's fee based income from loans was $1,314,000.
Helm Bank Usa's net income from loans was $6,444,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $4,408 |
| Provision for credit losses | $0 |
| Total noninterest expense | $26,232 |
| Salaries and employee benefits | $13,329 |
| Premises and equipment expense | $4,498 |
| Additional noninterest expense | $8,405 |
| Applicable income taxes | $2,376 |
| Net charge-offs | $11 |
| Cash dividends | $6,000 |
Helm Bank Usa's interest expense for loans was $4,408,000.
Helm Bank Usa's payroll and benefits expense were $13,329,000.
Helm Bank Usa's property, plant and equipment expenses $4,498,000.
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 | 0.0% |
| Multifamily residential loans | 0.0% |
| 1-4 family residential loans | 1.0% |
| HELOC loans | 0.0% |
| All other family | 1.0% |
| Commercial & industrial loans | 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 | $723,433 |
| Deposits held in domestic offices | $723,433 |
| Deposits by Individuals, partnerships, and corporations | $712,020 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $0 |
| Deposits by Commercial banks and other depository institutions in U.S. | $11,413 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $328,248 |
| Demand deposits | $289,579 |
| Nontransaction accounts | $395,185 |
| Money market deposit accounts (MMDAs) | $153,608 |
| Other savings deposits (excluding MMDAs) | $47,703 |
| Total time deposits | $193,874 |
| Total time and savings deposits | $433,854 |
| Noninterest-bearing deposits | $289,579 |
| Interest-bearing deposits | $433,854 |
| Retail deposits | $574,081 |
| IRAs and Keogh plan accounts | $0 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $841,472 |
| Cash & Balances due from depository institutions | $77,379 |
| Interest-bearing balances | $63,698 |
| Total securities | $230,151 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $524,126 |
| Loan and leases loss allowance | $10,262 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $180 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $9,636 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $841,472 |
| Total Liabilities | $742,333 |
| Total deposits | $723,433 |
| Interest-bearing deposits | $433,854 |
| Deposits held in domestic offices | $723,433 |
| % insured (estimated) | $48 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $13,200 |
| Subordinated debt | $0 |
| All other liabilities | $5,700 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $524,126 |
| Loan and leases loss allowance | $10,262 |
| Total loans and leases (domestic) | $534,388 |
| All real estate loans | $516,792 |
| Real estate loans in domestic offices | $516,792 |
| Construction and development loans | $632 |
| Residential 1-4 family construction | $0 |
| Other construction, all land development and other land | $632 |
| Loans secured by nonfarm nonresidential properties | $5,240 |
| Nonfarm nonresidential secured by owner-occupied properties | $2,490 |
| Commercial real estate & other non-farm, non-residential | $2,750 |
| Multifamily residential real estate | $7,038 |
| 1-4 family residential loans | $503,882 |
| Farmland loans | $0 |
| Loans held in foreign offices | $0 |
| Farm loans | $0 |
| Commercial and industrial loans | $4,631 |
| To non-U.S. addressees | $4,187 |
| Loans to individuals | $12,972 |
| Credit card loans | $1,654 |
| Related Plans | $0 |
| Consumer Auto Loans | $11,318 |
| Other loans to individuals | $0 |
| All other loans & leases | $8 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $8 |
| 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 | $426,062 |
| Restructured Loans & leases | $6,115 |
| Non 1-4 family restructured loans & leases | $394 |
| Total loans and leases (foreign) | $0 |
Helm Bank USA had $524,126,000 of loans outstanding in 2019. $516,792,000 of loans were in real estate loans. $632,000 of loans were in development loans. $7,038,000 of loans were in multifamily mortgage loans. $503,882,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $1,654,000 of loans were in credit card loans. $11,318,000 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 | 17 | $3,414 | $200,824 |
| Nonfarm, nonresidential loans - $100-250k | 8 | $787 | $98,375 |
| Nonfarm, nonresidential loans - $250k-1MM | 9 | $2,627 | $291,889 |
| Commercial & Industrial, US addressed loans - <$1MM | 193 | $444 | $2,301 |
| Commercial & Industrial, US addressed loans - <$100k | 192 | $347 | $1,807 |
| Commercial & Industrial, US addressed loans - $100-250k | 1 | $97 | $97,000 |