Acnb Bank Mortgage Rates, Fees & Info

Gettysburg, PA

LEI: 5493005CFFMKTUKLO381

Tax ID: 23-0581360

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

    Acnb Bank is a smaller bank specializing in Refi and Home Purchase loans. Acnb Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Gettysburg, York, Baltimore, Harrisburg, and Chambersburg among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Acnb 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. Acnb 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 4/19/24
    30 Year Conventional Purchase 6.60% 4/19/24
    30 Year Conventional Refi 6.42% 4/19/24
    30 Year Cash-out Refi 6.83% 4/19/24
    30 Year USDA Purchase 6.29% 4/19/24
    15 Year Conventional Purchase 6.04% 4/19/24
    15 Year Conventional Refi 5.56% 4/19/24
    15 Year Cash-out Refi 5.56% 4/19/24
    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.

    Acnb Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Acnb Bank. 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

    1,165

    Origination Dollar Volume (All Markets)

    $154,865,000

    Employee count

    325 Show all (5) 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
    GETTYSBURG, PA (FHA|USDA|VA) 553 $65,075,000 $117,676 $2,787 5.26%
    YORK-HANOVER, PA (FHA|USDA|VA) 223 $31,405,000 $140,830 $2,398 5.33%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 188 $26,850,000 $142,819 $2,179 5.35%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 82 $15,010,000 $183,049 $3,128 5.34%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 92 $11,870,000 $129,022 $2,640 5.14%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 12 $1,990,000 $165,833 $1,593 5.34%
    Outside of Metro Areas 4 $910,000 $227,500 $3,931 4.62%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 6 $770,000 $128,333 $3,500 5.11%
    SALISBURY, MD-DE (FHA|USDA|VA) 1 $455,000 $455,000 $0 5.73%
    LANCASTER, PA (FHA|USDA|VA) 2 $320,000 $160,000 $0 5.62%
    Easton, MD (FHA|USDA|VA) 1 $185,000 $185,000 $2,606 5.00%
    Huntingdon, PA (FHA|USDA|VA) 1 $25,000 $25,000 $0 5.99%
    Acnb Bank's top markets include Gettysburg, York, Baltimore, Harrisburg, and Chambersburg among others.

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

    • Similar Lenders

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

    APL
    Similarity Rank: 32
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    The Glen Burnie Mutual Savings Bank
    Similarity Rank: 54
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    Similarity Rank: 126
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    Similarity Rank: 450

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 643 $109,175,000 $169,790 $2,611 4.98%
    HELOC 515 $44,755,000 $86,903 n/a 5.68%
    USDA 7 $935,000 $133,571 $4,531 4.16%

    For 2018, Acnb Bank's most frequently originated type of loan was Conventional, with 643 originations. Their 2nd most popular type was HELOC, with 515 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 382 $56,220,000 $147,173 $1,555 5.35%
    Other 374 $25,920,000 $69,305 $928 5.54%
    Home Purchase 321 $61,045,000 $190,171 $3,404 4.98%
    Home Improvement 60 $5,620,000 $93,667 $690 5.34%
    Cash Out Refi 28 $6,060,000 $216,429 $3,302 4.29%

    For 2018, Acnb Bank's most frequently cited loan purpose was Refi, with 382 originations. The 2nd most popular reason was Other, with 374 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 657 $75,305,000 $114,619 $1,543 5.63%
    30 Year 235 $48,345,000 $205,723 $3,506 4.64%
    15 Year 107 $11,635,000 $108,738 $1,530 4.79%
    10 Year 89 $8,335,000 $93,652 $533 4.74%
    Other 59 $9,285,000 $157,373 $1,454 5.55%
    1 Year 12 $1,220,000 $101,667 $1,398 6.25%
    5 Year 4 $90,000 $22,500 $204 4.93%
    3 Year 2 $650,000 $325,000 $203 4.87%

    For 2018, Acnb Bank's most frequently cited loan duration was 20 Year, with 657 originations. The 2nd most popular length was 30 Year, with 235 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 281 $49,095,000 $174,715
    $1k-2k 40 $8,090,000 $202,250
    $2k-3k 9 $2,895,000 $321,667
    $3k-4k 1 $345,000 $345,000

    Acnb Bank's average total fees were $3,506, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 281 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 661 $81,735,000 $123,654
    4-5% 361 $53,635,000 $148,573
    6-7% 80 $8,090,000 $101,125
    3-4% 61 $11,165,000 $183,033
    2.5-3% 1 $185,000 $185,000
    7-8% 1 $55,000 $55,000

    During 2018, Acnb Bank's average interest rate for loans was 4.64%, while their most frequently originated rate bucket for loans was 5-6%, with 661 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 586 $29,890,000 $51,007 $1,094 5.46%
    $100k-200k 379 $53,855,000 $142,098 $2,907 5.15%
    $200k-400k 157 $41,015,000 $261,242 $3,686 4.99%
    $400k-600k 23 $10,615,000 $461,522 $4,765 5.13%
    $600k-1MM 15 $10,945,000 $729,667 $6,605 4.98%
    $1MM+ 5 $8,545,000 $1,709,000 $0 5.59%

    2018 saw Acnb Bank place emphasis on $100,000 or less loans with 586 originations, totaling $29,890,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 241 $32,245,000 $133,797 $2,688 5.30%
    $50k-75k 238 $23,370,000 $98,193 $2,455 5.20%
    $75k-100k 207 $23,985,000 $115,870 $2,513 5.30%
    $50k or less 195 $15,395,000 $78,949 $2,264 5.20%
    $150k-250k 123 $21,675,000 $176,220 $3,278 5.19%
    $250k+ 44 $12,920,000 $293,636 $4,430 5.24%

    Acnb Bank lent most frequently to those with incomes in the $100k-150k range, with 241 originations. The second most popular income band? $50k-75k, with 238 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 296 $34,600,000 $116,892 $2,762 5.14%
    30-36% 194 $21,700,000 $111,856 $2,466 5.14%
    <20% 131 $14,015,000 $106,985 $2,710 5.31%
    44% 72 $6,780,000 $94,167 $1,680 5.46%
    42% 43 $5,695,000 $132,442 $2,561 5.17%
    36% 43 $5,545,000 $128,953 $2,497 5.24%
    37% 41 $4,465,000 $108,902 $2,128 5.31%
    40% 38 $3,760,000 $98,947 $2,249 5.30%
    39% 36 $5,760,000 $160,000 $3,696 5.25%
    43% 35 $5,085,000 $145,286 $3,016 5.35%
    >60% 33 $7,025,000 $212,879 $1,089 5.76%
    41% 30 $4,080,000 $136,000 $3,324 5.24%
    50-60% 22 $5,270,000 $239,545 $1,175 5.54%
    38% 20 $3,600,000 $180,000 $3,712 4.80%
    45% 18 $1,830,000 $101,667 $2,236 5.29%
    46% 8 $720,000 $90,000 $1,364 5.59%
    48% 7 $845,000 $120,714 $2,944 5.55%
    47% 5 $1,305,000 $261,000 $3,267 4.60%
    49% 4 $470,000 $117,500 $3,095 5.03%

    Acnb Bank lent most frequently to those with DTI ratios of 20-30%, with 296 originations. The next most common DTI ratio? 30-36%, with 194 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,050 $129,200,000 $123,048 $2,633 5.24%
    Not applicable 84 $21,680,000 $258,095 $0 5.83%
    Black 12 $1,090,000 $90,833 $3,495 5.41%
    Not provided 7 $935,000 $133,571 $2,965 5.17%
    Asian 7 $855,000 $122,143 $3,047 5.44%
    American Indian 3 $755,000 $251,667 $3,740 4.96%
    Native Hawaiian or Islander 1 $185,000 $185,000 $0 6.10%
    Asian Indian 1 $165,000 $165,000 $0 5.95%

    Approval Rates

    Total approvals of all applications
    81.10%

    Acnb Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    84.72%

    Acnb Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 1 $55,000 $55,000
    NA 1,164 $154,810,000 $132,998

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 21 $12,215,000 $581,667
    Single Family (1-4 Units):Manufactured 15 $1,485,000 $99,000
    Single Family (1-4 Units):Site-Built 1,129 $141,165,000 $125,035

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 249 $20,875,000 $83,835 $1,041 5.47%
    40-60% 133 $23,415,000 $176,053 $2,738 5.26%
    60-80% 272 $54,370,000 $199,890 $3,143 5.20%
    80-100% 215 $44,975,000 $209,186 $3,386 4.93%
    Under 20% 292 $11,060,000 $37,877 $270 5.46%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    ACNB Bank 10 High Street Cashtown, PA 17310 Limited, Drive-thru $10,270
    ACNB Bank 100 V-Twin Drive Gettysburg, PA 17325 Full Service B&M $21,722
    ACNB Bank 1001 Twin Arch Road Mount Airy, MD 21771 Full Service B&M $32,909
    ACNB Bank 101 Main Street Arendtsville, PA 17303 Full Service B&M $34,466
    ACNB Bank 101 North Main Street Bendersville, PA 17306 Full Service B&M $32,459
    ACNB Bank 1127 Eichelberger Street Hanover, PA 17331 Full Service B&M $68,564
    ACNB Bank 16 Lincoln Square Gettysburg, PA 17325 Full Service B&M $153,991
    ACNB Bank 1677 Route 194 North East Berlin, PA 17316 Full Service B&M $66,594
    ACNB Bank 1708 Liberty Road Eldersburg, MD 21784 Full Service B&M $9,039
    ACNB Bank 201 Pauline Drive York, PA 17402 Full Service B&M $26,252
    ACNB Bank 202 Main Street York Springs, PA 17372 Full Service B&M $43,740
    ACNB Bank 213 Main Street New Windsor, MD 21776 Full Service B&M $64,213
    ACNB Bank 221 North Main Street Spring Grove, PA 17362 Full Service B&M $21,220
    ACNB Bank 222 East Baltimore Street Taneytown, MD 21787 Full Service B&M $42,368
    ACNB Bank 2305 Hanover Pike Hampstead, MD 21074 Full Service B&M $20,650
    ACNB Bank 3 Tristan Drive Dillsburg, PA 17019 Full Service B&M $35,412
    ACNB Bank 318 Lincolnway East New Oxford, PA 17350 Full Service B&M $40,173
    ACNB Bank 3459 Biglerville Rd Biglerville, PA 17307 Full Service B&M $30,643
    ACNB Bank 369 Main Street Mc Sherrystown, PA 17344 Full Service B&M $81,289
    ACNB Bank 39 Carlisle Road Newville, PA 17241 Full Service B&M $52,564
    ACNB Bank 444 West King Street Littlestown, PA 17340 Full Service B&M $84,815
    ACNB Bank 4910 Fairfield Road, Suite F Fairfield, PA 17320 Full Service B&M $53,527
    ACNB Bank 545 West Middle Street Gettysburg, PA 17325 Full Service B&M $34,140
    ACNB Bank 675 Old Harrisburg Road Gettysburg, PA 17325 Full Service B&M $114,403
    ACNB Bank 810 Market Street Westminster, MD 21157 Full Service B&M $53,563
    ACNB Bank 850 Norland Avenue Chambersburg, PA 17201 Full Service B&M $23,988
    ACNB Bank 865 Baltimore Street Hanover, PA 17331 Full Service B&M $25,529
    ACNB Bank 915 Wayne Avenue Chambersburg, PA 17201 Limited, Drive-thru $0
    ACNB Bank College Square Shopping Center Westminster, MD 21158 Full Service B&M $66,498

    For 2018, Acnb Bank had 29 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $64,460
    Net interest income $57,593
    Total noninterest income $10,609
    Gross Fiduciary activities income $2,027
    Service charges on deposit accounts $3,350
    Trading account gains and fees $0
    Additional Noninterest Income $5,232
    Pre-tax net operating income $27,114
    Securities gains (or losses, -) $-258
    Income before extraordinary items $21,669
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $21,669
    Minority interest net income $0
    Net income $21,669
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $21,877

    Acnb Bank's gross interest income from loans was $64,460,000.
    Acnb Bank's net interest income from loans was $57,593,000.
    Acnb Bank's fee based income from loans was $3,350,000.
    Acnb Bank's net income from loans was $21,669,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $6,867
    Provision for credit losses $1,620
    Total noninterest expense $39,468
    Salaries and employee benefits $23,304
    Premises and equipment expense $7,656
    Additional noninterest expense $8,508
    Applicable income taxes $5,187
    Net charge-offs $1,632
    Cash dividends $6,262

    Acnb Bank's interest expense for loans was $6,867,000.
    Acnb Bank's payroll and benefits expense were $23,304,000.
    Acnb Bank's property, plant and equipment expenses $7,656,000.

    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 $1,356,189
    Deposits held in domestic offices $1,356,189
    Deposits by Individuals, partnerships, and corporations $1,217,382
    Deposits by U.S. Government $14
    Deposits by States and political subdivisions in the U.S. $138,555
    Deposits by Commercial banks and other depository institutions in U.S. $238
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $112,409
    Demand deposits $70,733
    Nontransaction accounts $1,243,780
    Money market deposit accounts (MMDAs) $161,424
    Other savings deposits (excluding MMDAs) $714,248
    Total time deposits $368,108
    Total time and savings deposits $1,285,456
    Noninterest-bearing deposits $70,733
    Interest-bearing deposits $1,285,456
    Retail deposits $1,295,488
    IRAs and Keogh plan accounts $61,389
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,633,945
    Cash & Balances due from depository institutions $40,906
    Interest-bearing balances $20,800
    Total securities $190,008
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,288,909
    Loan and leases loss allowance $13,964
    Trading account assets $0
    Bank premises and fixed assets $25,036
    Other real estate owned $155
    Goodwill and other intangibles $15,052
    All other assets $73,879

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,633,945
    Total Liabilities $1,477,294
    Total deposits $1,356,189
    Interest-bearing deposits $1,285,456
    Deposits held in domestic offices $1,356,189
    % insured (estimated) $93
    Federal funds purchased and repurchase agreements $34,616
    Trading liabilities $0
    Other borrowed funds $75,248
    Subordinated debt $0
    All other liabilities $11,241

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,288,909
    Loan and leases loss allowance $13,964
    Total loans and leases (domestic) $1,302,873
    All real estate loans $1,114,293
    Real estate loans in domestic offices $1,114,293
    Construction and development loans $23,464
    Residential 1-4 family construction $6,076
    Other construction, all land development and other land $17,388
    Loans secured by nonfarm nonresidential properties $446,983
    Nonfarm nonresidential secured by owner-occupied properties $205,516
    Commercial real estate & other non-farm, non-residential $241,467
    Multifamily residential real estate $38,158
    1-4 family residential loans $541,905
    Farmland loans $63,783
    Loans held in foreign offices $0
    Farm loans $6,850
    Commercial and industrial loans $71,434
    To non-U.S. addressees $0
    Loans to individuals $14,399
    Credit card loans $0
    Related Plans $5,856
    Consumer Auto Loans $631
    Other loans to individuals $7,912
    All other loans & leases $95,897
    Loans to foreign governments and official institutions $0
    Other loans $2,948
    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 $3,883
    Non 1-4 family restructured loans & leases $3,883
    Total loans and leases (foreign) $0

    ACNB Bank had $1,288,909,000 of loans outstanding in 2018. $1,114,293,000 of loans were in real estate loans. $23,464,000 of loans were in development loans. $38,158,000 of loans were in multifamily mortgage loans. $541,905,000 of loans were in 1-4 family mortgage loans. $6,850,000 of loans were in farm loans. $0 of loans were in credit card loans. $631,000 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 665 $165,956 $249,558
    Nonfarm, nonresidential loans - <$100k 118 $4,967 $42,093
    Nonfarm, nonresidential loans - $100-250k 212 $27,214 $128,368
    Nonfarm, nonresidential loans - $250k-1MM 335 $133,775 $399,328
    Commercial & Industrial, US addressed loans - <$1MM 543 $37,600 $69,245
    Commercial & Industrial, US addressed loans - <$100k 386 $10,183 $26,381
    Commercial & Industrial, US addressed loans - $100-250k 99 $10,727 $108,354
    Commercial & Industrial, US addressed loans - $250k-1MM 58 $16,690 $287,759
    Farmland loans - <$1MM 151 $23,926 $158,450
    Farmland loans - <$100k 48 $1,888 $39,333
    Farmland loans - $100-250k 57 $7,799 $136,825
    Farmland loans - $250k-1MM 46 $14,239 $309,543
    Agriculture operations loans - <$1MM 79 $4,875 $61,709
    Agriculture operations loans - <$100k 57 $1,910 $33,509
    Agriculture operations loans - $100-250k 19 $1,927 $101,421
    Agriculture operations loans - $250k-1MM 3 $1,038 $346,000