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, Chambersburg, and Harrisburg 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% 4/21/24
    30 Year Conventional Purchase 6.60% 4/21/24
    30 Year Conventional Refi 6.42% 4/21/24
    30 Year Cash-out Refi 6.83% 4/21/24
    30 Year USDA Purchase 6.29% 4/21/24
    15 Year Conventional Purchase 6.04% 4/21/24
    15 Year Conventional Refi 5.56% 4/21/24
    15 Year Cash-out Refi 5.56% 4/21/24
    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

    1,017

    Origination Dollar Volume (All Markets)

    $145,075,000

    Employee count

    340 Show all (6) 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) 488 $68,930,000 $141,250 $3,117 5.27%
    YORK-HANOVER, PA (FHA|USDA|VA) 203 $27,935,000 $137,611 $2,901 5.34%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 128 $17,620,000 $137,656 $2,337 5.35%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 105 $14,245,000 $135,667 $3,246 5.00%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 72 $10,520,000 $146,111 $3,387 5.34%
    Jackson, WY-ID (FHA|USDA|VA) 1 $2,405,000 $2,405,000 $0 4.50%
    LANCASTER, PA (FHA|USDA|VA) 7 $1,375,000 $196,429 $0 5.67%
    LEBANON, PA (FHA|USDA|VA) 1 $755,000 $755,000 $0 5.25%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 4 $560,000 $140,000 $3,011 4.83%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 5 $405,000 $81,000 $0 6.22%
    SALISBURY, MD-DE (FHA|USDA|VA) 1 $175,000 $175,000 $2,795 4.99%
    Outside of Metro Areas 2 $150,000 $75,000 $1,342 6.12%
    Acnb Bank's top markets include Gettysburg, York, Baltimore, Chambersburg, and Harrisburg among others.

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

    CORNING
    Similarity Rank: 202
    PATRIOT
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    The Glen Burnie Mutual Savings Bank
    Similarity Rank: 218
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    Similarity Rank: 228
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    Similarity Rank: 297
    FIRST FINANCIAL OF MARYLAND
    Similarity Rank: 444
    APL
    Similarity Rank: 605
    ABERDEEN PROVING GROUND FEDERAL CREDIT UNION
    Similarity Rank: 612
    UNIVERSITY OF VIRGINIA COMMUNITY CREDIT UNION,INC.
    Similarity Rank: 636
    NYMEO FEDERAL CREDIT UNION
    Similarity Rank: 697

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 577 $108,335,000 $187,756 $3,011 4.65%
    HELOC 437 $36,185,000 $82,803 n/a 6.13%
    USDA 3 $555,000 $185,000 $5,269 2.96%

    For 2019, Acnb Bank's most frequently originated type of loan was Conventional, with 577 originations. Their 2nd most popular type was HELOC, with 437 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 364 $54,110,000 $148,654 $2,651 5.32%
    Other 289 $19,095,000 $66,073 $978 6.00%
    Home Purchase 278 $60,420,000 $217,338 $3,660 4.63%
    Home Improvement 50 $3,330,000 $66,600 $308 5.44%
    Cash Out Refi 36 $8,120,000 $225,556 $3,317 3.93%

    For 2019, Acnb Bank's most frequently cited loan purpose was Refi, with 364 originations. The 2nd most popular reason was Other, with 289 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 572 $55,690,000 $97,360 $1,503 5.86%
    30 Year 209 $40,975,000 $196,053 $3,388 4.11%
    15 Year 89 $12,135,000 $136,348 $2,492 4.52%
    10 Year 52 $5,500,000 $105,769 $947 4.91%
    Other 42 $13,420,000 $319,524 $4,035 5.54%
    30+ year 36 $13,630,000 $378,611 $5,223 4.55%
    1 Year 12 $1,190,000 $99,167 $1,573 6.48%
    5 Year 5 $2,535,000 $507,000 $187 4.99%

    For 2019, Acnb Bank's most frequently cited loan duration was 20 Year, with 572 originations. The 2nd most popular length was 30 Year, with 209 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 342 $58,260,000 $170,351
    $1k-2k 52 $11,440,000 $220,000
    $2k-3k 9 $2,695,000 $299,444
    $3k-4k 4 $1,840,000 $460,000
    $4k-5k 2 $1,570,000 $785,000

    Acnb Bank's average total fees were $3,388, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 342 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 333 $27,045,000 $81,216
    4-5% 257 $48,675,000 $189,397
    5-6% 254 $31,180,000 $122,756
    3-4% 162 $36,230,000 $223,642
    2.5-3% 8 $1,620,000 $202,500
    7-8% 3 $325,000 $108,333

    During 2019, Acnb Bank's average interest rate for loans was 4.11%, while their most frequently originated rate bucket for loans was 6-7%, with 333 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 472 $23,450,000 $49,682 $1,357 5.73%
    $100k-200k 323 $44,885,000 $138,963 $2,875 5.09%
    $200k-400k 186 $49,380,000 $265,484 $3,773 4.58%
    $400k-600k 21 $9,865,000 $469,762 $5,520 4.61%
    $600k-1MM 10 $7,030,000 $703,000 $6,597 4.70%
    $1MM+ 5 $10,465,000 $2,093,000 $12,450 4.59%

    2019 saw Acnb Bank place emphasis on $100,000 or less loans with 472 originations, totaling $23,450,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 221 $22,635,000 $102,421 $2,795 5.22%
    $75k-100k 202 $23,890,000 $118,267 $2,949 5.31%
    $100k-150k 200 $30,920,000 $154,600 $3,117 5.28%
    $50k or less 152 $12,200,000 $80,263 $2,401 5.45%
    $150k-250k 98 $17,870,000 $182,347 $3,439 5.11%
    $250k+ 38 $13,790,000 $362,895 $5,630 5.28%

    Acnb Bank lent most frequently to those with incomes in the $50k-75k range, with 221 originations. The second most popular income band? $75k-100k, with 202 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 231 $30,535,000 $132,186 $2,999 5.10%
    30-36% 194 $25,400,000 $130,928 $3,041 5.15%
    <20% 73 $8,785,000 $120,342 $2,862 5.26%
    44% 58 $5,960,000 $102,759 $2,961 5.80%
    43% 42 $5,160,000 $122,857 $2,641 5.49%
    36% 36 $4,350,000 $120,833 $2,779 5.38%
    39% 36 $4,270,000 $118,611 $2,931 5.58%
    41% 36 $4,310,000 $119,722 $2,858 5.32%
    >60% 33 $8,585,000 $260,152 $3,057 5.59%
    37% 31 $3,605,000 $116,290 $3,652 5.37%
    42% 29 $3,375,000 $116,379 $3,222 5.50%
    40% 27 $3,565,000 $132,037 $3,135 5.22%
    38% 24 $3,490,000 $145,417 $3,039 4.98%
    45% 22 $3,750,000 $170,455 $4,351 5.48%
    46% 17 $3,195,000 $187,941 $4,025 4.87%
    47% 16 $1,100,000 $68,750 $1,392 5.43%
    50-60% 14 $1,870,000 $133,571 $206 5.66%
    48% 9 $1,445,000 $160,556 $3,184 4.66%
    49% 3 $535,000 $178,333 $3,494 4.16%

    Acnb Bank lent most frequently to those with DTI ratios of 20-30%, with 231 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 908 $118,530,000 $130,540 $2,990 5.28%
    Not applicable 84 $21,470,000 $255,595 $0 5.31%
    Not provided 16 $4,020,000 $251,250 $4,697 4.83%
    American Indian 1 $345,000 $345,000 $4,242 5.00%
    Asian 3 $305,000 $101,667 $0 5.74%
    Black 4 $280,000 $70,000 $0 5.79%
    Asian Indian 1 $125,000 $125,000 $0 5.75%

    Approval Rates

    Total approvals of all applications
    81.68%

    Acnb Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    81.22%

    Acnb Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,017 $145,075,000 $142,650

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 24 $12,350,000 $514,583
    Single Family (1-4 Units):Manufactured 7 $475,000 $67,857
    Single Family (1-4 Units):Site-Built 986 $132,250,000 $134,128

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 207 $16,625,000 $80,314 $1,353 5.78%
    40-60% 123 $18,385,000 $149,472 $2,932 5.23%
    60-80% 278 $63,420,000 $228,129 $3,545 4.82%
    80-100% 163 $35,215,000 $216,043 $3,519 4.59%
    Over 100% 1 $75,000 $75,000 $0 5.40%
    Under 20% 244 $11,220,000 $45,984 $336 5.85%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    ACNB Bank 10 High Street Cashtown, PA 17310 Limited, Drive-thru $9,667
    ACNB Bank 100 V-Twin Drive Gettysburg, PA 17325 Limited, Drive-thru $30,183
    ACNB Bank 1001 Twin Arch Road Mount Airy, MD 21771 Full Service B&M $31,275
    ACNB Bank 101 Main Street Arendtsville, PA 17303 Full Service B&M $36,404
    ACNB Bank 101 North Main Street Bendersville, PA 17306 Full Service B&M $32,460
    ACNB Bank 1127 Eichelberger Street Hanover, PA 17331 Full Service B&M $68,241
    ACNB Bank 16 Lincoln Square Gettysburg, PA 17325 Full Service B&M $145,316
    ACNB Bank 1677 Route 194 North East Berlin, PA 17316 Full Service B&M $69,245
    ACNB Bank 1708 Liberty Road Eldersburg, MD 21784 Full Service B&M $12,589
    ACNB Bank 201 Pauline Drive York, PA 17402 Full Service B&M $25,150
    ACNB Bank 202 Main Street York Springs, PA 17372 Full Service B&M $44,787
    ACNB Bank 213 Main Street New Windsor, MD 21776 Full Service B&M $63,588
    ACNB Bank 221 North Main Street Spring Grove, PA 17362 Full Service B&M $25,799
    ACNB Bank 222 East Baltimore Street Taneytown, MD 21787 Full Service B&M $52,612
    ACNB Bank 2305 Hanover Pike Hampstead, MD 21074 Full Service B&M $19,332
    ACNB Bank 3 Tristan Drive Dillsburg, PA 17019 Full Service B&M $29,890
    ACNB Bank 318 Lincolnway East New Oxford, PA 17350 Full Service B&M $40,980
    ACNB Bank 3459 Biglerville Rd Biglerville, PA 17307 Full Service B&M $33,316
    ACNB Bank 369 Main Street Mc Sherrystown, PA 17344 Full Service B&M $85,068
    ACNB Bank 39 Carlisle Road Newville, PA 17241 Full Service B&M $54,209
    ACNB Bank 444 West King Street Littlestown, PA 17340 Full Service B&M $88,686
    ACNB Bank 444 Wmc Drive Westminster, MD 21158 Full Service B&M $60,773
    ACNB Bank 4910 Fairfield Road, Suite F Fairfield, PA 17320 Full Service B&M $58,735
    ACNB Bank 545 West Middle Street Gettysburg, PA 17325 Full Service B&M $37,527
    ACNB Bank 675 Old Harrisburg Road Gettysburg, PA 17325 Full Service B&M $117,720
    ACNB Bank 810 Market Street Westminster, MD 21157 Full Service B&M $53,676
    ACNB Bank 850 Norland Avenue Chambersburg, PA 17201 Full Service B&M $30,714
    ACNB Bank 865 Baltimore Street Hanover, PA 17331 Full Service B&M $27,949
    ACNB Bank 915 Wayne Avenue Chambersburg, PA 17201 Limited, Drive-thru $0

    For 2019, Acnb Bank had 29 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $69,510
    Net interest income $59,851
    Total noninterest income $11,563
    Gross Fiduciary activities income $2,128
    Service charges on deposit accounts $3,903
    Trading account gains and fees $0
    Additional Noninterest Income $5,532
    Pre-tax net operating income $29,295
    Securities gains (or losses, -) $32
    Income before extraordinary items $23,593
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $23,593
    Minority interest net income $0
    Net income $23,593
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $23,567

    Acnb Bank's gross interest income from loans was $69,510,000.
    Acnb Bank's net interest income from loans was $59,851,000.
    Acnb Bank's fee based income from loans was $3,903,000.
    Acnb Bank's net income from loans was $23,593,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $9,659
    Provision for credit losses $600
    Total noninterest expense $41,519
    Salaries and employee benefits $24,905
    Premises and equipment expense $7,610
    Additional noninterest expense $9,004
    Applicable income taxes $5,734
    Net charge-offs $729
    Cash dividends $6,919

    Acnb Bank's interest expense for loans was $9,659,000.
    Acnb Bank's payroll and benefits expense were $24,905,000.
    Acnb Bank's property, plant and equipment expenses $7,610,000.

    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 $1,420,245
    Deposits held in domestic offices $1,420,245
    Deposits by Individuals, partnerships, and corporations $1,280,681
    Deposits by U.S. Government $4
    Deposits by States and political subdivisions in the U.S. $139,560
    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 $116,951
    Demand deposits $69,631
    Nontransaction accounts $1,303,294
    Money market deposit accounts (MMDAs) $153,433
    Other savings deposits (excluding MMDAs) $742,008
    Total time deposits $407,853
    Total time and savings deposits $1,350,614
    Noninterest-bearing deposits $69,631
    Interest-bearing deposits $1,350,614
    Retail deposits $1,352,268
    IRAs and Keogh plan accounts $62,141
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,706,094
    Cash & Balances due from depository institutions $114,356
    Interest-bearing balances $97,478
    Total securities $211,116
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,261,172
    Loan and leases loss allowance $13,835
    Trading account assets $0
    Bank premises and fixed assets $27,896
    Other real estate owned $364
    Goodwill and other intangibles $14,678
    All other assets $76,512

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,706,094
    Total Liabilities $1,529,405
    Total deposits $1,420,245
    Interest-bearing deposits $1,350,614
    Deposits held in domestic offices $1,420,245
    % insured (estimated) $93
    Federal funds purchased and repurchase agreements $33,435
    Trading liabilities $0
    Other borrowed funds $62,218
    Subordinated debt $0
    All other liabilities $13,507

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,261,172
    Loan and leases loss allowance $13,835
    Total loans and leases (domestic) $1,275,007
    All real estate loans $1,112,256
    Real estate loans in domestic offices $1,112,256
    Construction and development loans $32,991
    Residential 1-4 family construction $10,480
    Other construction, all land development and other land $22,511
    Loans secured by nonfarm nonresidential properties $463,315
    Nonfarm nonresidential secured by owner-occupied properties $213,107
    Commercial real estate & other non-farm, non-residential $250,208
    Multifamily residential real estate $35,135
    1-4 family residential loans $512,217
    Farmland loans $68,598
    Loans held in foreign offices $0
    Farm loans $6,319
    Commercial and industrial loans $77,624
    To non-U.S. addressees $0
    Loans to individuals $13,436
    Credit card loans $0
    Related Plans $5,219
    Consumer Auto Loans $736
    Other loans to individuals $7,481
    All other loans & leases $65,372
    Loans to foreign governments and official institutions $0
    Other loans $1,235
    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 $3,783
    Non 1-4 family restructured loans & leases $3,783
    Total loans and leases (foreign) $0

    ACNB Bank had $1,261,172,000 of loans outstanding in 2019. $1,112,256,000 of loans were in real estate loans. $32,991,000 of loans were in development loans. $35,135,000 of loans were in multifamily mortgage loans. $512,217,000 of loans were in 1-4 family mortgage loans. $6,319,000 of loans were in farm loans. $0 of loans were in credit card loans. $736,000 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 662 $169,251 $255,666
    Nonfarm, nonresidential loans - <$100k 108 $4,463 $41,324
    Nonfarm, nonresidential loans - $100-250k 210 $27,777 $132,271
    Nonfarm, nonresidential loans - $250k-1MM 344 $137,011 $398,288
    Commercial & Industrial, US addressed loans - <$1MM 502 $33,771 $67,273
    Commercial & Industrial, US addressed loans - <$100k 364 $9,680 $26,593
    Commercial & Industrial, US addressed loans - $100-250k 89 $9,259 $104,034
    Commercial & Industrial, US addressed loans - $250k-1MM 49 $14,832 $302,694
    Farmland loans - <$1MM 153 $25,007 $163,444
    Farmland loans - <$100k 44 $1,813 $41,205
    Farmland loans - $100-250k 62 $8,375 $135,081
    Farmland loans - $250k-1MM 47 $14,819 $315,298
    Agriculture operations loans - <$1MM 87 $4,813 $55,322
    Agriculture operations loans - <$100k 67 $2,455 $36,642
    Agriculture operations loans - $100-250k 17 $1,569 $92,294
    Agriculture operations loans - $250k-1MM 3 $789 $263,000