Calhoun County Bank Mortgage Rates, Fees & Info

Grantsville, WV

LEI: 54930001GYIWKBD35H65

Tax ID: 55-0681478

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

    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 (well, only) market is Parkersburg.

    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.

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    Originations

    142

    Origination Dollar Volume (All Markets)

    $14,240,000

    Employee count

    41

    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 116 $11,730,000 $101,121 $0 0.00%
    PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 26 $2,510,000 $96,538 $0 0.00%
    Calhoun County Bank's top markets include and Parkersburg among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 142 $14,240,000 $100,282 $0 0.00%

    For 2021, Calhoun County Bank's most frequently originated type of loan was Conventional, with 142 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 90 $9,500,000 $105,556 $0 0.00%
    Refi 37 $3,725,000 $100,676 $0 0.00%
    Other 12 $760,000 $63,333 $0 0.00%
    Home Improvement 3 $255,000 $85,000 $0 0.00%

    For 2021, Calhoun County Bank's most frequently cited loan purpose was Home Purchase, with 90 originations. The 2nd most popular reason was Refi, with 37 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 142 $14,240,000 $100,282 $0 0.00%

    For 2021, Calhoun County Bank's most frequently cited loan duration was Other, with 142 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 88 $5,210,000 $59,205 $0 0.00%
    $100k-200k 42 $5,860,000 $139,524 $0 0.00%
    $200k-400k 12 $3,170,000 $264,167 $0 0.00%

    2021 saw Calhoun County Bank place emphasis on $100,000 or less loans with 88 originations, totaling $5,210,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 46 $2,920,000 $63,478 $0 0.00%
    $50k-75k 36 $3,570,000 $99,167 $0 0.00%
    $75k-100k 28 $2,780,000 $99,286 $0 0.00%
    $100k-150k 19 $2,665,000 $140,263 $0 0.00%
    $150k-250k 6 $1,140,000 $190,000 $0 0.00%
    $250k+ 4 $730,000 $182,500 $0 0.00%

    Calhoun County Bank lent most frequently to those with incomes in the $50k or less range, with 46 originations. The second most popular income band? $50k-75k, with 36 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 142 $14,240,000 $100,282 $0 0.00%

    Calhoun County Bank lent most frequently to those with DTI ratios of Exempt%, with 142 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 140 $13,990,000 $99,929 $0 0.00%
    Black 1 $185,000 $185,000 $0 0.00%
    Not applicable 1 $65,000 $65,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    71.60%

    Calhoun County Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    73.94%

    Calhoun County Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 142 $14,240,000 $100,282

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    142 $14,240,000 $100,282

    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 $76,429
    Calhoun County Bank, Inc. 904 North Lewis St Glenville, WV 26351 Full Service B&M $42,948
    Calhoun County Bank, Inc. Route 14, Pike Street Elizabeth, WV 26143 Full Service B&M $14,048
    Calhoun County Bank, Inc. Route 33 West Arnoldsburg, WV 25234 Full Service B&M $24,587

    For 2021, Calhoun County Bank had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $6,880
    Net interest income $6,224
    Total noninterest income $822
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $214
    Trading account gains and fees $0
    Additional Noninterest Income $608
    Pre-tax net operating income $1,877
    Securities gains (or losses, -) $0
    Income before extraordinary items $1,477
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $1,477
    Minority interest net income $0
    Net income $1,477
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $1,477

    Calhoun County Bank's gross interest income from loans was $6,880,000.
    Calhoun County Bank's net interest income from loans was $6,224,000.
    Calhoun County Bank's fee based income from loans was $214,000.
    Calhoun County Bank's net income from loans was $1,477,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $656
    Provision for credit losses $0
    Total noninterest expense $5,169
    Salaries and employee benefits $2,699
    Premises and equipment expense $639
    Additional noninterest expense $1,831
    Applicable income taxes $400
    Net charge-offs $-473
    Cash dividends $466

    Calhoun County Bank's interest expense for loans was $656,000.
    Calhoun County Bank's payroll and benefits expense were $2,699,000.
    Calhoun County Bank's property, plant and equipment expenses $639,000.

    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 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 $161,230
    Deposits held in domestic offices $161,230
    Deposits by Individuals, partnerships, and corporations $147,434
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $13,796
    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 $67,351
    Demand deposits $53,533
    Nontransaction accounts $93,879
    Money market deposit accounts (MMDAs) $11,846
    Other savings deposits (excluding MMDAs) $50,706
    Total time deposits $31,327
    Total time and savings deposits $107,697
    Noninterest-bearing deposits $55,040
    Interest-bearing deposits $106,190
    Retail deposits $151,879
    IRAs and Keogh plan accounts $9,020
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $179,117
    Cash & Balances due from depository institutions $18,683
    Interest-bearing balances $16,706
    Total securities $25,484
    Federal funds sold & reverse repurchase $440
    Net loans and leases $125,539
    Loan and leases loss allowance $2,149
    Trading account assets $0
    Bank premises and fixed assets $4,352
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $4,619

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $179,117
    Total Liabilities $162,444
    Total deposits $161,230
    Interest-bearing deposits $106,190
    Deposits held in domestic offices $161,230
    % insured (estimated) $83
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $1,214

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $125,539
    Loan and leases loss allowance $2,149
    Total loans and leases (domestic) $127,688
    All real estate loans $103,469
    Real estate loans in domestic offices $103,469
    Construction and development loans $2,902
    Residential 1-4 family construction $2,902
    Other construction, all land development and other land $0
    Loans secured by nonfarm nonresidential properties $15,323
    Nonfarm nonresidential secured by owner-occupied properties $1,829
    Commercial real estate & other non-farm, non-residential $13,494
    Multifamily residential real estate $0
    1-4 family residential loans $85,181
    Farmland loans $63
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $4,215
    To non-U.S. addressees $0
    Loans to individuals $19,471
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $6,472
    Other loans to individuals $12,999
    All other loans & leases $533
    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 $1,074
    Non 1-4 family restructured loans & leases $477
    Total loans and leases (foreign) $0

    Calhoun County Bank had $125,539,000 of loans outstanding in 2021. $103,469,000 of loans were in real estate loans. $2,902,000 of loans were in development loans. $0 of loans were in multifamily mortgage loans. $85,181,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $6,472,000 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 175 $15,323 $87,560
    Nonfarm, nonresidential loans - <$100k 175 $15,323 $87,560
    Commercial & Industrial, US addressed loans - <$1MM 137 $4,215 $30,766
    Commercial & Industrial, US addressed loans - <$100k 137 $4,215 $30,766
    Farmland loans - <$1MM 4 $63 $15,750
    Farmland loans - <$100k 4 $63 $15,750