Esb Financial Mortgage Rates, Fees & Info

Emporia, KS

LEI: 54930011U6TQ5MJCDV15

Tax ID: 48-0209570

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • 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

    Esb Financial is a smaller mortgage company specializing in Home Purchase, Refi, and Cash Out Refi loans. Esb Financial has a high proportion of conventional loans. Their top markets by origination volume include: Emporia, Manhattan, Wichita, Lawrence, and Topeka among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Esb Financial 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. Esb Financial 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.

    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.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.74% 5/4/24
    30 Year Conventional Refi 6.70% 5/4/24
    15 Year Conventional Purchase 6.61% 5/4/24
    15 Year Conventional Refi 6.52% 5/4/24
    15 Year Cash-out Refi 6.52% 5/4/24
    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.

    Esb Financial Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Esb Financial. 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

    117

    Origination Dollar Volume (All Markets)

    $21,655,000

    Employee count

    51

    Awards

    ESB Financial 30 Year Conventional Loans gold ESB Financial 30 Year Conventional Loans bronze ESB Financial 30 Year Conventional Loans gold ESB Financial 30 Year Conventional Loans bronze
    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
    Emporia, KS (FHA|USDA|VA) 62 $11,500,000 $185,484 $1,295 4.77%
    MANHATTAN, KS (FHA|USDA|VA) 43 $8,405,000 $195,465 $1,722 4.92%
    Outside of Metro Areas 6 $620,000 $103,333 $1,537 4.71%
    WICHITA, KS (FHA|USDA|VA) 1 $385,000 $385,000 $513 4.50%
    LAWRENCE, KS (FHA|USDA|VA) 2 $380,000 $190,000 $1,787 4.31%
    TOPEKA, KS (FHA|USDA|VA) 3 $365,000 $121,667 $4,109 5.10%
    Esb Financial's top markets include Emporia, Manhattan, Wichita, Lawrence, and Topeka among others.

    Their top states include:
  • Kansas (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against ESB Financial based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    The Farmers State Bank of Westmoreland
    Similarity Rank: 42
    KANSAS STATE UNIVERSITY Federal Credit Union
    Similarity Rank: 70
    ESB Financial
    Similarity Rank: 78
    MERITRUST Federal Credit Union
    Similarity Rank: 110
    Bank of the Flint Hills
    Similarity Rank: 112
    Central National Bank
    Similarity Rank: 493
    Landmark National Bank
    Similarity Rank: 580
    Capitol Federal Savings Bank
    Similarity Rank: 781
    NBH Bank
    Similarity Rank: 1740
    Commerce Bank
    Similarity Rank: 2006

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 117 $21,655,000 $185,085 $1,469 4.82%

    For 2018, Esb Financial's most frequently originated type of loan was Conventional, with 117 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 66 $10,170,000 $154,091 $1,725 4.80%
    Refi 36 $5,990,000 $166,389 $950 4.83%
    Cash Out Refi 14 $5,380,000 $384,286 $1,432 4.84%
    Home Improvement 1 $115,000 $115,000 $0 5.75%

    For 2018, Esb Financial's most frequently cited loan purpose was Home Purchase, with 66 originations. The 2nd most popular reason was Refi, with 36 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 54 $9,570,000 $177,222 $1,517 4.52%
    15 Year 23 $2,825,000 $122,826 $1,451 5.02%
    20 Year 21 $7,535,000 $358,810 $1,641 5.03%
    10 Year 8 $350,000 $43,750 $1,115 5.18%
    Other 7 $1,095,000 $156,429 $864 5.09%
    1 Year 3 $235,000 $78,333 $0 5.25%
    5 Year 1 $45,000 $45,000 $0 5.89%

    For 2018, Esb Financial's most frequently cited loan duration was 30 Year, with 54 originations. The 2nd most popular length was 15 Year, with 23 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 81 $12,975,000 $160,185

    Esb Financial's average total fees were $1,517, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 81 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 76 $14,700,000 $193,421
    5-6% 33 $5,455,000 $165,303
    3-4% 7 $1,175,000 $167,857
    6-7% 1 $325,000 $325,000

    During 2018, Esb Financial's average interest rate for loans was 4.52%, while their most frequently originated rate bucket for loans was 4-5%, with 76 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 44 $2,560,000 $58,182 $1,207 4.89%
    $100k-200k 43 $6,195,000 $144,070 $1,608 4.78%
    $200k-400k 23 $6,175,000 $268,478 $1,706 4.79%
    $400k-600k 3 $1,385,000 $461,667 $1,408 4.38%
    $600k-1MM 3 $2,605,000 $868,333 $880 5.08%
    $1MM+ 1 $2,735,000 $2,735,000 $0 5.00%

    2018 saw Esb Financial place emphasis on $100,000 or less loans with 44 originations, totaling $2,560,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 26 $3,560,000 $136,923 $1,412 4.70%
    $100k-150k 22 $4,190,000 $190,455 $1,676 4.43%
    $75k-100k 19 $2,445,000 $128,684 $1,431 4.74%
    $150k-250k 14 $3,720,000 $265,714 $1,575 4.56%
    $50k or less 11 $735,000 $66,818 $1,201 4.84%
    $250k+ 3 $495,000 $165,000 $921 4.54%

    Esb Financial lent most frequently to those with incomes in the $50k-75k range, with 26 originations. The second most popular income band? $100k-150k, with 22 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 32 $5,070,000 $158,438 $1,494 4.55%
    <20% 23 $2,205,000 $95,870 $1,370 4.40%
    30-36% 12 $2,750,000 $229,167 $1,586 4.49%
    38% 3 $655,000 $218,333 $1,260 4.42%
    37% 3 $445,000 $148,333 $1,728 4.50%
    >60% 2 $40,000 $20,000 $0 5.32%
    36% 2 $420,000 $210,000 $2,151 4.56%
    43% 2 $980,000 $490,000 $1,298 4.56%
    45% 1 $165,000 $165,000 $921 4.75%
    48% 1 $35,000 $35,000 $748 4.63%
    50-60% 1 $165,000 $165,000 $1,723 4.63%
    41% 1 $85,000 $85,000 $1,340 4.50%

    Esb Financial lent most frequently to those with DTI ratios of 20-30%, with 32 originations. The next most common DTI ratio? <20%, with 23 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 99 $15,465,000 $156,212 $1,469 4.68%
    Not applicable 17 $6,185,000 $363,824 $0 5.63%
    Asian 1 $5,000 $5,000 $0 4.75%

    Approval Rates

    Total approvals of all applications
    96.75%

    Esb Financial 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
    98.29%

    Esb Financial has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 117 $21,655,000 $185,085

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $325,000 $325,000
    Single Family (1-4 Units):Manufactured 1 $55,000 $55,000
    Single Family (1-4 Units):Site-Built 115 $21,275,000 $185,000

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 7 $345,000 $49,286 $976 4.61%
    40-60% 13 $1,825,000 $140,385 $1,300 4.80%
    60-80% 52 $11,960,000 $230,000 $1,550 4.90%
    80-100% 41 $7,415,000 $180,854 $1,543 4.70%
    Under 20% 4 $110,000 $27,500 $315 5.47%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    ESB Financial 12th And Industrial Roads Emporia, KS 66801 Full Service B&M $36,741
    ESB Financial 224 East Poyntz Avenue Manhattan, KS 66502 Full Service B&M $15,965
    ESB Financial 8th And Merchant Streets Emporia, KS 66801 Full Service B&M $141,269
    ESB Financial Eighth And Constitution Emporia, KS 66801 Limited, Drive-thru $0

    For 2018, Esb Financial had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $8,743
    Net interest income $7,516
    Total noninterest income $2,363
    Gross Fiduciary activities income $462
    Service charges on deposit accounts $634
    Trading account gains and fees $0
    Additional Noninterest Income $1,267
    Pre-tax net operating income $2,297
    Securities gains (or losses, -) $-43
    Income before extraordinary items $2,182
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $2,182
    Minority interest net income $0
    Net income $2,182
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $2,223

    Esb Financial's gross interest income from loans was $8,743,000.
    Esb Financial's net interest income from loans was $7,516,000.
    Esb Financial's fee based income from loans was $634,000.
    Esb Financial's net income from loans was $2,182,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,227
    Provision for credit losses $465
    Total noninterest expense $7,117
    Salaries and employee benefits $3,731
    Premises and equipment expense $848
    Additional noninterest expense $2,538
    Applicable income taxes $72
    Net charge-offs $516
    Cash dividends $807

    Esb Financial's interest expense for loans was $1,227,000.
    Esb Financial's payroll and benefits expense were $3,731,000.
    Esb Financial's property, plant and equipment expenses $848,000.

    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 4.0%
    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 1.0%
    Credit card loans 0.0%
    Other individual loans 1.0%
    Auto loans 0.0%
    Other consumer loans 7.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $195,559
    Deposits held in domestic offices $195,559
    Deposits by Individuals, partnerships, and corporations $178,709
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $16,778
    Deposits by Commercial banks and other depository institutions in U.S. $72
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $110,305
    Demand deposits $55,122
    Nontransaction accounts $85,254
    Money market deposit accounts (MMDAs) $17,711
    Other savings deposits (excluding MMDAs) $31,522
    Total time deposits $36,022
    Total time and savings deposits $140,437
    Noninterest-bearing deposits $55,122
    Interest-bearing deposits $140,437
    Retail deposits $190,300
    IRAs and Keogh plan accounts $8,815
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $229,411
    Cash & Balances due from depository institutions $16,922
    Interest-bearing balances $13,934
    Total securities $44,889
    Federal funds sold & reverse repurchase $0
    Net loans and leases $154,065
    Loan and leases loss allowance $1,738
    Trading account assets $0
    Bank premises and fixed assets $5,542
    Other real estate owned $0
    Goodwill and other intangibles $495
    All other assets $7,498

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $229,411
    Total Liabilities $206,328
    Total deposits $195,559
    Interest-bearing deposits $140,437
    Deposits held in domestic offices $195,559
    % insured (estimated) $81
    Federal funds purchased and repurchase agreements $3,234
    Trading liabilities $0
    Other borrowed funds $6,000
    Subordinated debt $0
    All other liabilities $1,535

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $154,065
    Loan and leases loss allowance $1,738
    Total loans and leases (domestic) $155,803
    All real estate loans $110,343
    Real estate loans in domestic offices $110,343
    Construction and development loans $9,841
    Residential 1-4 family construction $4,135
    Other construction, all land development and other land $5,706
    Loans secured by nonfarm nonresidential properties $33,551
    Nonfarm nonresidential secured by owner-occupied properties $14,340
    Commercial real estate & other non-farm, non-residential $19,211
    Multifamily residential real estate $15,884
    1-4 family residential loans $46,221
    Farmland loans $4,846
    Loans held in foreign offices $0
    Farm loans $12,080
    Commercial and industrial loans $24,523
    To non-U.S. addressees $0
    Loans to individuals $8,793
    Credit card loans $0
    Related Plans $35
    Consumer Auto Loans $8,067
    Other loans to individuals $691
    All other loans & leases $64
    Loans to foreign governments and official institutions $0
    Other loans $39
    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 $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    ESB Financial had $154,065,000 of loans outstanding in 2018. $110,343,000 of loans were in real estate loans. $9,841,000 of loans were in development loans. $15,884,000 of loans were in multifamily mortgage loans. $46,221,000 of loans were in 1-4 family mortgage loans. $12,080,000 of loans were in farm loans. $0 of loans were in credit card loans. $8,067,000 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 83 $15,854 $191,012
    Nonfarm, nonresidential loans - <$100k 26 $1,080 $41,538
    Nonfarm, nonresidential loans - $100-250k 29 $3,864 $133,241
    Nonfarm, nonresidential loans - $250k-1MM 28 $10,910 $389,643
    Commercial & Industrial, US addressed loans - <$1MM 228 $15,851 $69,522
    Commercial & Industrial, US addressed loans - <$100k 153 $2,945 $19,248
    Commercial & Industrial, US addressed loans - $100-250k 43 $4,165 $96,860
    Commercial & Industrial, US addressed loans - $250k-1MM 32 $8,741 $273,156
    Farmland loans - <$1MM 19 $1,949 $102,579
    Farmland loans - <$100k 9 $260 $28,889
    Farmland loans - $100-250k 7 $762 $108,857
    Farmland loans - $250k-1MM 3 $927 $309,000
    Agriculture operations loans - <$1MM 33 $2,935 $88,939
    Agriculture operations loans - <$100k 16 $463 $28,938
    Agriculture operations loans - $100-250k 13 $1,527 $117,462
    Agriculture operations loans - $250k-1MM 4 $945 $236,250