Calhoun County Bank Mortgage Rates, Fees & Info

Grantsville, WV

LEI: 54930001GYIWKBD35H65

Tax ID: 55-0681478

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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

    Calhoun County Bank is a smaller bank specializing in Home Purchase and Refi loans. Calhoun County Bank has a high proportion of conventional loans. Their top markets by origination volume include: Parkersburg, Marietta, and Charleston among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Calhoun County 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

    208

    Origination Dollar Volume (All Markets)

    $18,580,000

    Employee count

    42

    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
    Outside of Metro Areas 150 $13,450,000 $89,667 $0 0.00%
    PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 56 $4,920,000 $87,857 $0 0.00%
    Marietta, OH (FHA|USDA|VA) 1 $125,000 $125,000 $0 0.00%
    CHARLESTON, WV (FHA|USDA|VA) 1 $85,000 $85,000 $0 0.00%
    Calhoun County Bank's top markets include Parkersburg, Marietta, and Charleston among others.

    Their top states include:
  • West Virginia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 208 $18,580,000 $89,327 $0 0.00%

    For 2019, Calhoun County Bank's most frequently originated type of loan was Conventional, with 208 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 116 $11,310,000 $97,500 $0 0.00%
    Refi 79 $6,665,000 $84,367 $0 0.00%
    Other 9 $455,000 $50,556 $0 0.00%
    Home Improvement 4 $150,000 $37,500 $0 0.00%

    For 2019, Calhoun County Bank's most frequently cited loan purpose was Home Purchase, with 116 originations. The 2nd most popular reason was Refi, with 79 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 208 $18,580,000 $89,327 $0 0.00%

    For 2019, Calhoun County Bank's most frequently cited loan duration was Other, with 208 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 143 $7,545,000 $52,762 $0 0.00%
    $100k-200k 48 $6,510,000 $135,625 $0 0.00%
    $200k-400k 16 $4,070,000 $254,375 $0 0.00%
    $400k-600k 1 $455,000 $455,000 $0 0.00%

    2019 saw Calhoun County Bank place emphasis on $100,000 or less loans with 143 originations, totaling $7,545,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 70 $3,550,000 $50,714 $0 0.00%
    $50k-75k 47 $3,795,000 $80,745 $0 0.00%
    $75k-100k 43 $5,095,000 $118,488 $0 0.00%
    $100k-150k 25 $2,575,000 $103,000 $0 0.00%
    $150k-250k 15 $2,105,000 $140,333 $0 0.00%
    $250k+ 5 $1,235,000 $247,000 $0 0.00%

    Calhoun County Bank lent most frequently to those with incomes in the $50k or less range, with 70 originations. The second most popular income band? $50k-75k, with 47 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 208 $18,580,000 $89,327 $0 0.00%

    Calhoun County Bank lent most frequently to those with DTI ratios of Exempt%, with 208 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 205 $18,355,000 $89,537 $0 0.00%
    Not applicable 2 $180,000 $90,000 $0 0.00%
    Native Hawaiian or Islander 1 $45,000 $45,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    77.60%

    Calhoun County Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    81.73%

    Calhoun County Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 208 $18,580,000 $89,327

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 91 $6,705,000 $73,681
    Single Family (1-4 Units):Site-Built 117 $11,875,000 $101,496

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Calhoun County Bank, Inc. 443 High Street Grantsville, WV 26147 Full Service B&M $65,604
    Calhoun County Bank, Inc. 904 North Lewis St Glenville, WV 26351 Full Service B&M $33,940
    Calhoun County Bank, Inc. Route 14, Pike Street Elizabeth, WV 26143 Full Service B&M $10,405
    Calhoun County Bank, Inc. Route 33 West Arnoldsburg, WV 25234 Full Service B&M $20,781

    For 2019, Calhoun County Bank had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $6,987
    Net interest income $5,912
    Total noninterest income $827
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $301
    Trading account gains and fees $0
    Additional Noninterest Income $526
    Pre-tax net operating income $1,229
    Securities gains (or losses, -) $0
    Income before extraordinary items $948
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $948
    Minority interest net income $0
    Net income $948
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $948

    Calhoun County Bank's gross interest income from loans was $6,987,000.
    Calhoun County Bank's net interest income from loans was $5,912,000.
    Calhoun County Bank's fee based income from loans was $301,000.
    Calhoun County Bank's net income from loans was $948,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,075
    Provision for credit losses $240
    Total noninterest expense $5,270
    Salaries and employee benefits $2,516
    Premises and equipment expense $633
    Additional noninterest expense $2,121
    Applicable income taxes $281
    Net charge-offs $53
    Cash dividends $372

    Calhoun County Bank's interest expense for loans was $1,075,000.
    Calhoun County Bank's payroll and benefits expense were $2,516,000.
    Calhoun County Bank's property, plant and equipment expenses $633,000.

    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 0.0%
    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 $132,104
    Deposits held in domestic offices $132,104
    Deposits by Individuals, partnerships, and corporations $123,439
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $8,665
    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 $50,845
    Demand deposits $41,902
    Nontransaction accounts $81,259
    Money market deposit accounts (MMDAs) $5,644
    Other savings deposits (excluding MMDAs) $34,686
    Total time deposits $40,929
    Total time and savings deposits $90,202
    Noninterest-bearing deposits $42,673
    Interest-bearing deposits $89,431
    Retail deposits $123,584
    IRAs and Keogh plan accounts $7,962
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $152,953
    Cash & Balances due from depository institutions $11,367
    Interest-bearing balances $9,570
    Total securities $9,064
    Federal funds sold & reverse repurchase $420
    Net loans and leases $122,874
    Loan and leases loss allowance $1,549
    Trading account assets $0
    Bank premises and fixed assets $4,350
    Other real estate owned $175
    Goodwill and other intangibles $0
    All other assets $4,703

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $152,953
    Total Liabilities $138,024
    Total deposits $132,104
    Interest-bearing deposits $89,431
    Deposits held in domestic offices $132,104
    % insured (estimated) $89
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $4,500
    Subordinated debt $0
    All other liabilities $1,420

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $122,874
    Loan and leases loss allowance $1,549
    Total loans and leases (domestic) $124,423
    All real estate loans $96,673
    Real estate loans in domestic offices $96,673
    Construction and development loans $1,124
    Residential 1-4 family construction $1,124
    Other construction, all land development and other land $0
    Loans secured by nonfarm nonresidential properties $16,334
    Nonfarm nonresidential secured by owner-occupied properties $2,844
    Commercial real estate & other non-farm, non-residential $13,490
    Multifamily residential real estate $0
    1-4 family residential loans $79,092
    Farmland loans $123
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $3,471
    To non-U.S. addressees $0
    Loans to individuals $23,408
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $7,491
    Other loans to individuals $15,917
    All other loans & leases $871
    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 $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $97
    Non 1-4 family restructured loans & leases $27
    Total loans and leases (foreign) $0

    Calhoun County Bank had $122,874,000 of loans outstanding in 2019. $96,673,000 of loans were in real estate loans. $1,124,000 of loans were in development loans. $0 of loans were in multifamily mortgage loans. $79,092,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $7,491,000 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 224 $16,334 $72,920
    Nonfarm, nonresidential loans - <$100k 224 $16,334 $72,920
    Commercial & Industrial, US addressed loans - <$1MM 146 $3,471 $23,774
    Commercial & Industrial, US addressed loans - <$100k 146 $3,471 $23,774
    Farmland loans - <$1MM 6 $123 $20,500
    Farmland loans - <$100k 6 $123 $20,500