The Bank Of Landisburg Mortgage Rates, Fees & Info

Landisburg, PA

LEI: 5493002XZSI0KH03JY56

Tax ID: 23-0383750

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Mortgage Data

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

    The Bank Of Landisburg is a smaller bank specializing in Home Purchase and Refi loans. The Bank Of Landisburg has a high proportion of conventional loans. Their top markets by origination volume include: Harrisburg, Lebanon, York, Chambersburg, and Pottsville among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Bank Of Landisburg 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

    233

    Origination Dollar Volume (All Markets)

    $24,635,000

    Employee count

    50

    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
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 218 $22,770,000 $104,450 $0 0.00%
    LEBANON, PA (FHA|USDA|VA) 2 $720,000 $360,000 $0 0.00%
    Outside of Metro Areas 6 $590,000 $98,333 $0 0.00%
    YORK-HANOVER, PA (FHA|USDA|VA) 3 $275,000 $91,667 $0 0.00%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 3 $205,000 $68,333 $0 0.00%
    Pottsville, PA (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
    The Bank Of Landisburg's top markets include Harrisburg, Lebanon, York, Chambersburg, and Pottsville among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 233 $24,635,000 $105,730 $0 0.00%

    For 2019, The Bank Of Landisburg's most frequently originated type of loan was Conventional, with 233 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 101 $14,345,000 $142,030 $0 0.00%
    Refi 64 $7,260,000 $113,438 $0 0.00%
    Other 36 $1,310,000 $36,389 $0 0.00%
    Home Improvement 32 $1,720,000 $53,750 $0 0.00%

    For 2019, The Bank Of Landisburg's most frequently cited loan purpose was Home Purchase, with 101 originations. The 2nd most popular reason was Refi, with 64 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 233 $24,635,000 $105,730 $0 0.00%

    For 2019, The Bank Of Landisburg's most frequently cited loan duration was Other, with 233 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 134 $6,230,000 $46,493 $0 0.00%
    $100k-200k 69 $10,065,000 $145,870 $0 0.00%
    $200k-400k 27 $6,745,000 $249,815 $0 0.00%
    $400k-600k 2 $990,000 $495,000 $0 0.00%
    $600k-1MM 1 $605,000 $605,000 $0 0.00%

    2019 saw The Bank Of Landisburg place emphasis on $100,000 or less loans with 134 originations, totaling $6,230,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 70 $7,180,000 $102,571 $0 0.00%
    $50k or less 66 $5,060,000 $76,667 $0 0.00%
    $100k-150k 40 $5,090,000 $127,250 $0 0.00%
    $75k-100k 32 $3,920,000 $122,500 $0 0.00%
    $150k-250k 10 $1,150,000 $115,000 $0 0.00%
    $250k+ 1 $125,000 $125,000 $0 0.00%

    The Bank Of Landisburg lent most frequently to those with incomes in the $50k-75k range, with 70 originations. The second most popular income band? $50k or less, with 66 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 233 $24,635,000 $105,730 $0 0.00%

    The Bank Of Landisburg lent most frequently to those with DTI ratios of Exempt%, with 233 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 220 $22,620,000 $102,818 $0 0.00%
    Not applicable 10 $1,670,000 $167,000 $0 0.00%
    American Indian 1 $175,000 $175,000 $0 0.00%
    Asian 1 $85,000 $85,000 $0 0.00%
    Not provided 1 $85,000 $85,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    86.80%

    The Bank Of Landisburg has an average approval rate.

    Pick Rate

    Approvals leading to origination
    87.12%

    The Bank Of Landisburg has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 233 $24,635,000 $105,730

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 2 $470,000 $235,000
    Single Family (1-4 Units):Manufactured 66 $4,650,000 $70,455
    Single Family (1-4 Units):Site-Built 165 $19,515,000 $118,273

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    TD BANK US HOLDING COMPANY Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 7 6.9%
    TD BANK US HOLDING COMPANY Conventional home mortgage Closing on a mortgage 10 9.8%
    TD BANK US HOLDING COMPANY Conventional home mortgage Struggling to pay mortgage 7 6.9%
    TD BANK US HOLDING COMPANY Conventional home mortgage Trouble during payment process 34 33.3%
    TD BANK US HOLDING COMPANY FHA mortgage Struggling to pay mortgage 1 1.0%
    TD BANK US HOLDING COMPANY Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 4 3.9%
    TD BANK US HOLDING COMPANY Home equity loan or line of credit (HELOC) Closing on a mortgage 4 3.9%
    TD BANK US HOLDING COMPANY Home equity loan or line of credit (HELOC) Incorrect information on your report 2 2.0%
    TD BANK US HOLDING COMPANY Home equity loan or line of credit (HELOC) Struggling to pay mortgage 7 6.9%
    TD BANK US HOLDING COMPANY Home equity loan or line of credit (HELOC) Trouble during payment process 13 12.7%
    TD BANK US HOLDING COMPANY Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 1.0%
    TD BANK US HOLDING COMPANY Other type of mortgage Incorrect information on your report 2 2.0%
    TD BANK US HOLDING COMPANY Other type of mortgage Struggling to pay mortgage 2 2.0%
    TD BANK US HOLDING COMPANY Other type of mortgage Trouble during payment process 7 6.9%
    TD BANK US HOLDING COMPANY Reverse mortgage Closing on a mortgage 1 1.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The Bank of Landisburg 100 North Carlisle Street Landisburg, PA 17040 Full Service B&M $118,477
    The Bank of Landisburg 242 East Main Street Blain, PA 17006 Full Service B&M $28,999
    The Bank of Landisburg 2784 Keystone Way Newport, PA 17074 Full Service B&M $18,949
    The Bank of Landisburg 5125 Spring Road Shermans Dale, PA 17090 Full Service B&M $68,137

    For 2019, The Bank Of Landisburg had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $12,551
    Net interest income $9,950
    Total noninterest income $905
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $176
    Trading account gains and fees $0
    Additional Noninterest Income $729
    Pre-tax net operating income $4,711
    Securities gains (or losses, -) $7
    Income before extraordinary items $3,765
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $3,765
    Minority interest net income $0
    Net income $3,765
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $3,759

    The Bank Of Landisburg's gross interest income from loans was $12,551,000.
    The Bank Of Landisburg's net interest income from loans was $9,950,000.
    The Bank Of Landisburg's fee based income from loans was $176,000.
    The Bank Of Landisburg's net income from loans was $3,765,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,601
    Provision for credit losses $-61
    Total noninterest expense $6,205
    Salaries and employee benefits $3,277
    Premises and equipment expense $284
    Additional noninterest expense $2,644
    Applicable income taxes $953
    Net charge-offs $56
    Cash dividends $1,321

    The Bank Of Landisburg's interest expense for loans was $2,601,000.
    The Bank Of Landisburg's payroll and benefits expense were $3,277,000.
    The Bank Of Landisburg's property, plant and equipment expenses $284,000.

    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 1.0%
    Nonfarm, nonresidential loans 1.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 6.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    Personal loans 1.0%
    Credit card loans 0.0%
    Other individual loans 1.0%
    Auto loans 1.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $248,748
    Deposits held in domestic offices $248,748
    Deposits by Individuals, partnerships, and corporations $221,567
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $27,181
    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 $64,239
    Demand deposits $43,216
    Nontransaction accounts $184,509
    Money market deposit accounts (MMDAs) $43,282
    Other savings deposits (excluding MMDAs) $35,895
    Total time deposits $105,332
    Total time and savings deposits $205,532
    Noninterest-bearing deposits $43,216
    Interest-bearing deposits $205,532
    Retail deposits $236,956
    IRAs and Keogh plan accounts $32,081
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $304,207
    Cash & Balances due from depository institutions $16,927
    Interest-bearing balances $13,139
    Total securities $49,906
    Federal funds sold & reverse repurchase $5,000
    Net loans and leases $221,870
    Loan and leases loss allowance $2,638
    Trading account assets $0
    Bank premises and fixed assets $2,874
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $7,630

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $304,207
    Total Liabilities $249,610
    Total deposits $248,748
    Interest-bearing deposits $205,532
    Deposits held in domestic offices $248,748
    % insured (estimated) $87
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $862

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $221,870
    Loan and leases loss allowance $2,638
    Total loans and leases (domestic) $224,508
    All real estate loans $209,594
    Real estate loans in domestic offices $209,594
    Construction and development loans $10,044
    Residential 1-4 family construction $5,359
    Other construction, all land development and other land $4,685
    Loans secured by nonfarm nonresidential properties $18,102
    Nonfarm nonresidential secured by owner-occupied properties $12,647
    Commercial real estate & other non-farm, non-residential $5,455
    Multifamily residential real estate $4,272
    1-4 family residential loans $147,201
    Farmland loans $29,975
    Loans held in foreign offices $0
    Farm loans $3,383
    Commercial and industrial loans $5,875
    To non-U.S. addressees $0
    Loans to individuals $5,384
    Credit card loans $0
    Related Plans $59
    Consumer Auto Loans $1,282
    Other loans to individuals $4,043
    All other loans & leases $272
    Loans to foreign governments and official institutions $0
    Other loans $59
    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 $7,081
    Non 1-4 family restructured loans & leases $3,699
    Total loans and leases (foreign) $0

    The Bank of Landisburg had $221,870,000 of loans outstanding in 2019. $209,594,000 of loans were in real estate loans. $10,044,000 of loans were in development loans. $4,272,000 of loans were in multifamily mortgage loans. $147,201,000 of loans were in 1-4 family mortgage loans. $3,383,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,282,000 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 88 $14,629 $166,239
    Nonfarm, nonresidential loans - <$100k 24 $773 $32,208
    Nonfarm, nonresidential loans - $100-250k 36 $4,657 $129,361
    Nonfarm, nonresidential loans - $250k-1MM 28 $9,199 $328,536
    Commercial & Industrial, US addressed loans - <$1MM 140 $5,874 $41,957
    Commercial & Industrial, US addressed loans - <$100k 125 $2,916 $23,328
    Commercial & Industrial, US addressed loans - $100-250k 8 $978 $122,250
    Commercial & Industrial, US addressed loans - $250k-1MM 7 $1,980 $282,857
    Farmland loans - <$1MM 87 $12,503 $143,713
    Farmland loans - <$100k 34 $1,205 $35,441
    Farmland loans - $100-250k 28 $3,776 $134,857
    Farmland loans - $250k-1MM 25 $7,522 $300,880
    Agriculture operations loans - <$1MM 55 $3,383 $61,509
    Agriculture operations loans - <$100k 44 $1,361 $30,932
    Agriculture operations loans - $100-250k 8 $1,041 $130,125
    Agriculture operations loans - $250k-1MM 3 $981 $327,000