New Carlisle Federal Savings Bank Mortgage Rates, Fees & Info

New Carlisle, OH

LEI: 5493002WXCO8XZD1EB38

Tax ID: 31-0389975

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
  • 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

    New Carlisle Federal Savings Bank is a smaller bank specializing in Home Purchase loans. New Carlisle Federal Savings Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Springfield, Dayton, Urbana, Columbus, and Cincinnati among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    New Carlisle Federal Savings Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. New Carlisle Federal Savings 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.

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    Originations

    163

    Origination Dollar Volume (All Markets)

    $23,245,000

    Employee count

    27

    Awards

    New Carlisle Federal Savings Bank 30 Year Conventional Loans bronze New Carlisle Federal Savings Bank 30 Year Conventional Loans silver
    Show all (2) 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
    SPRINGFIELD, OH (FHA|USDA|VA) 79 $10,445,000 $132,215 $2,392 5.00%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 68 $10,360,000 $152,353 $2,159 4.96%
    Urbana, OH (FHA|USDA|VA) 7 $1,235,000 $176,429 $1,868 4.96%
    COLUMBUS, OH (FHA|USDA|VA) 2 $600,000 $300,000 $1,541 4.38%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $260,000 $130,000 $1,666 4.13%
    Sidney, OH (FHA|USDA|VA) 3 $185,000 $61,667 $2,144 4.92%
    Bellefontaine, OH (FHA|USDA|VA) 2 $160,000 $80,000 $1,614 4.88%
    New Carlisle Federal Savings Bank's top markets include Springfield, Dayton, Urbana, Columbus, and Cincinnati among others.

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

    • Similar Lenders

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

    RIVER VALLEY CREDIT UNION, INC.
    Similarity Rank: 69
    1st National Bank
    Similarity Rank: 117
    Guardian Savings Bank, A Federal Savings Bank
    Similarity Rank: 135
    Greenville Federal
    Similarity Rank: 144
    Firefighters & Company FCU
    Similarity Rank: 235
    New Carlisle Federal Savings Bank
    Similarity Rank: 294
    UNIVERSAL 1 CREDIT UNION
    Similarity Rank: 672
    M/I FINANCIAL, LLC
    Similarity Rank: 1386
    Peoples Bank
    Similarity Rank: 2576
    NORTHERN MORTGAGE SERVICES, LLC
    Similarity Rank: 2660

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 148 $21,740,000 $146,892 $1,988 4.98%
    FHA 9 $835,000 $92,778 $4,517 4.82%
    USDA 6 $670,000 $111,667 $4,507 4.54%

    For 2018, New Carlisle Federal Savings Bank's most frequently originated type of loan was Conventional, with 148 originations. Their 2nd most popular type was FHA, with 9 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 104 $16,330,000 $157,019 $2,608 4.84%
    Cash Out Refi 28 $2,560,000 $91,429 $1,507 5.24%
    Refi 22 $3,670,000 $166,818 $1,841 4.88%
    Other 6 $540,000 $90,000 $996 5.50%
    Home Improvement 3 $145,000 $48,333 $974 5.96%

    For 2018, New Carlisle Federal Savings Bank's most frequently cited loan purpose was Home Purchase, with 104 originations. The 2nd most popular reason was Cash Out Refi, with 28 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 116 $18,560,000 $160,000 $2,483 4.79%
    15 Year 16 $1,200,000 $75,000 $1,490 5.64%
    20 Year 14 $1,480,000 $105,714 $2,451 5.02%
    10 Year 6 $210,000 $35,000 $521 5.68%
    Other 6 $640,000 $106,667 $1,044 4.95%
    1 Year 5 $1,155,000 $231,000 $0 5.70%

    For 2018, New Carlisle Federal Savings Bank's most frequently cited loan duration was 30 Year, with 116 originations. The 2nd most popular length was 15 Year, with 16 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 99 $12,395,000 $125,202
    $1k-2k 32 $7,100,000 $221,875

    New Carlisle Federal Savings Bank's average total fees were $2,483, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 99 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 108 $17,430,000 $161,389
    5-6% 37 $3,755,000 $101,486
    3-4% 8 $1,570,000 $196,250
    6-7% 6 $410,000 $68,333
    Over 8% 3 $75,000 $25,000
    7-8% 1 $5,000 $5,000

    During 2018, New Carlisle Federal Savings Bank's average interest rate for loans was 4.79%, while their most frequently originated rate bucket for loans was 4-5%, with 108 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 69 $4,085,000 $59,203 $1,826 5.21%
    $100k-200k 60 $8,440,000 $140,667 $2,696 4.87%
    $200k-400k 26 $7,190,000 $276,538 $2,282 4.63%
    $400k-600k 8 $3,530,000 $441,250 $2,172 4.55%

    2018 saw New Carlisle Federal Savings Bank place emphasis on $100,000 or less loans with 69 originations, totaling $4,085,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 37 $2,825,000 $76,351 $2,283 4.98%
    $100k-150k 35 $7,365,000 $210,429 $2,066 4.80%
    $50k-75k 30 $3,110,000 $103,667 $2,686 4.97%
    $75k-100k 27 $3,725,000 $137,963 $2,056 4.96%
    $150k-250k 13 $3,185,000 $245,000 $2,065 4.94%
    $250k+ 3 $825,000 $275,000 $1,580 4.75%

    New Carlisle Federal Savings Bank lent most frequently to those with incomes in the $50k or less range, with 37 originations. The second most popular income band? $100k-150k, with 35 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 37 $5,535,000 $149,595 $2,090 4.91%
    30-36% 32 $4,270,000 $133,438 $2,146 4.89%
    39% 11 $1,445,000 $131,364 $2,265 4.90%
    38% 8 $1,520,000 $190,000 $2,323 4.83%
    44% 8 $1,900,000 $237,500 $2,378 4.69%
    36% 7 $595,000 $85,000 $2,434 4.93%
    37% 7 $1,285,000 $183,571 $2,613 4.64%
    <20% 6 $470,000 $78,333 $1,625 5.21%
    40% 6 $730,000 $121,667 $2,218 4.56%
    42% 5 $535,000 $107,000 $2,218 5.50%
    41% 5 $705,000 $141,000 $3,372 5.15%
    43% 4 $490,000 $122,500 $2,441 5.06%
    45% 4 $890,000 $222,500 $2,409 4.97%
    >60% 3 $275,000 $91,667 $721 6.12%
    50-60% 2 $390,000 $195,000 $2,107 4.00%

    New Carlisle Federal Savings Bank lent most frequently to those with DTI ratios of 20-30%, with 37 originations. The next most common DTI ratio? 30-36%, with 32 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 135 $19,765,000 $146,407 $2,266 4.88%
    Not applicable 19 $2,345,000 $123,421 $0 5.27%
    Black 6 $680,000 $113,333 $1,541 5.71%
    Asian 3 $455,000 $151,667 $1,730 4.83%

    Approval Rates

    Total approvals of all applications
    93.56%

    New Carlisle Federal Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    82.82%

    New Carlisle Federal Savings Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 163 $23,245,000 $142,607

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 163 $23,245,000 $142,607

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 8 $440,000 $55,000 $1,257 5.17%
    40-60% 10 $1,110,000 $111,000 $1,881 5.32%
    60-80% 59 $9,255,000 $156,864 $2,126 5.01%
    80-100% 72 $11,270,000 $156,528 $2,689 4.72%
    Over 100% 1 $115,000 $115,000 $0 5.50%
    Under 20% 12 $1,050,000 $87,500 $1,014 5.61%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    New Carlisle Federal Savings Bank 400 North Main Street New Carlisle, OH 45344 Full Service B&M $44,188
    New Carlisle Federal Savings Bank 5129 S County Road 25a Tipp City, OH 45371 Full Service B&M $13,271
    New Carlisle Federal Savings Bank 833 Villa Road Springfield, OH 45503 Full Service B&M $24,948

    For 2018, New Carlisle Federal Savings Bank had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $5,028
    Net interest income $4,012
    Total noninterest income $725
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $162
    Trading account gains and fees $0
    Additional Noninterest Income $563
    Pre-tax net operating income $1,001
    Securities gains (or losses, -) $0
    Income before extraordinary items $808
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $808
    Minority interest net income $0
    Net income $808
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $808

    New Carlisle Federal Savings Bank's gross interest income from loans was $5,028,000.
    New Carlisle Federal Savings Bank's net interest income from loans was $4,012,000.
    New Carlisle Federal Savings Bank's fee based income from loans was $162,000.
    New Carlisle Federal Savings Bank's net income from loans was $808,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,016
    Provision for credit losses $35
    Total noninterest expense $3,701
    Salaries and employee benefits $1,847
    Premises and equipment expense $278
    Additional noninterest expense $1,576
    Applicable income taxes $193
    Net charge-offs $-24
    Cash dividends $0

    New Carlisle Federal Savings Bank's interest expense for loans was $1,016,000.
    New Carlisle Federal Savings Bank's payroll and benefits expense were $1,847,000.
    New Carlisle Federal Savings Bank's property, plant and equipment expenses $278,000.

    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 1.0%
    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 0.9%
    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 $88,585
    Deposits held in domestic offices $88,585
    Deposits by Individuals, partnerships, and corporations $79,614
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $1,477
    Deposits by Commercial banks and other depository institutions in U.S. $7,494
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $23,893
    Demand deposits $16,943
    Nontransaction accounts $64,692
    Money market deposit accounts (MMDAs) $4,233
    Other savings deposits (excluding MMDAs) $15,040
    Total time deposits $45,419
    Total time and savings deposits $71,642
    Noninterest-bearing deposits $16,890
    Interest-bearing deposits $71,695
    Retail deposits $84,833
    IRAs and Keogh plan accounts $3,712
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $122,185
    Cash & Balances due from depository institutions $11,326
    Interest-bearing balances $10,535
    Total securities $3,710
    Federal funds sold & reverse repurchase $200
    Net loans and leases $100,808
    Loan and leases loss allowance $1,075
    Trading account assets $0
    Bank premises and fixed assets $1,821
    Other real estate owned $0
    Goodwill and other intangibles $213
    All other assets $4,107

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $122,185
    Total Liabilities $110,349
    Total deposits $88,585
    Interest-bearing deposits $71,695
    Deposits held in domestic offices $88,585
    % insured (estimated) $97
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $20,058
    Subordinated debt $0
    All other liabilities $1,706

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $100,808
    Loan and leases loss allowance $1,075
    Total loans and leases (domestic) $101,883
    All real estate loans $89,712
    Real estate loans in domestic offices $89,712
    Construction and development loans $6,598
    Residential 1-4 family construction $2,197
    Other construction, all land development and other land $4,401
    Loans secured by nonfarm nonresidential properties $16,878
    Nonfarm nonresidential secured by owner-occupied properties $8,137
    Commercial real estate & other non-farm, non-residential $8,741
    Multifamily residential real estate $6,639
    1-4 family residential loans $57,428
    Farmland loans $2,169
    Loans held in foreign offices $0
    Farm loans $64
    Commercial and industrial loans $10,069
    To non-U.S. addressees $0
    Loans to individuals $1,981
    Credit card loans $329
    Related Plans $3
    Consumer Auto Loans $1,107
    Other loans to individuals $542
    All other loans & leases $117
    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 $197
    Non 1-4 family restructured loans & leases $58
    Total loans and leases (foreign) $0

    New Carlisle Federal Savings Bank had $100,808,000 of loans outstanding in 2018. $89,712,000 of loans were in real estate loans. $6,598,000 of loans were in development loans. $6,639,000 of loans were in multifamily mortgage loans. $57,428,000 of loans were in 1-4 family mortgage loans. $64,000 of loans were in farm loans. $329,000 of loans were in credit card loans. $1,107,000 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 73 $13,973 $191,411
    Nonfarm, nonresidential loans - <$100k 21 $999 $47,571
    Nonfarm, nonresidential loans - $100-250k 23 $3,149 $136,913
    Nonfarm, nonresidential loans - $250k-1MM 29 $9,825 $338,793
    Commercial & Industrial, US addressed loans - <$1MM 127 $9,050 $71,260
    Commercial & Industrial, US addressed loans - <$100k 100 $2,551 $25,510
    Commercial & Industrial, US addressed loans - $100-250k 17 $2,208 $129,882
    Commercial & Industrial, US addressed loans - $250k-1MM 10 $4,291 $429,100
    Farmland loans - <$1MM 9 $1,639 $182,111
    Farmland loans - <$100k 3 $118 $39,333
    Farmland loans - $100-250k 1 $235 $235,000
    Farmland loans - $250k-1MM 5 $1,286 $257,200
    Agriculture operations loans - <$1MM 1 $64 $64,000
    Agriculture operations loans - <$100k 1 $64 $64,000