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, Washington, York, Baltimore, and Chambersburg among others. We have data for 14 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% 5/4/24
    30 Year Conventional Purchase 6.60% 5/4/24
    30 Year Conventional Refi 6.42% 5/4/24
    30 Year Cash-out Refi 6.83% 5/4/24
    30 Year USDA Purchase 6.29% 5/4/24
    15 Year Conventional Purchase 6.04% 5/4/24
    15 Year Conventional Refi 5.56% 5/4/24
    15 Year Cash-out Refi 5.56% 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.

    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

    1,259

    Origination Dollar Volume (All Markets)

    $235,455,000

    Employee count

    358 Show all (7) 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) 493 $81,965,000 $166,258 $3,672 3.58%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 158 $42,990,000 $272,089 $3,043 3.40%
    YORK-HANOVER, PA (FHA|USDA|VA) 223 $34,825,000 $156,166 $3,508 3.52%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 165 $32,425,000 $196,515 $2,849 3.53%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 106 $21,040,000 $198,491 $3,752 3.40%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 74 $13,740,000 $185,676 $3,165 3.63%
    LANCASTER, PA (FHA|USDA|VA) 12 $2,950,000 $245,833 $3,331 3.54%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 12 $2,200,000 $183,333 $4,462 3.60%
    SALISBURY, MD-DE (FHA|USDA|VA) 6 $1,410,000 $235,000 $3,100 3.17%
    Outside of Metro Areas 4 $750,000 $187,500 $3,281 2.97%
    Easton, MD (FHA|USDA|VA) 2 $420,000 $210,000 $3,022 3.06%
    LEBANON, PA (FHA|USDA|VA) 2 $320,000 $160,000 $3,360 3.69%
    STATE COLLEGE, PA (FHA|USDA|VA) 1 $225,000 $225,000 $0 3.74%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $195,000 $195,000 $3,063 3.00%
    Acnb Bank's top markets include Gettysburg, Washington, York, Baltimore, 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.

    Farmers and Merchants Trust Company of Chambersburg
    Similarity Rank: 234
    The Glen Burnie Mutual Savings Bank
    Similarity Rank: 271
    PATRIOT
    Similarity Rank: 629
    Sail Mortgage Corp.
    Similarity Rank: 640
    BELCO COMMUNITY CREDIT UNION
    Similarity Rank: 990
    CORNING
    Similarity Rank: 1071
    Poli Mortgage Group, Inc.
    Similarity Rank: 1100
    APL
    Similarity Rank: 1122
    FIRST FINANCIAL OF MARYLAND
    Similarity Rank: 1296
    ABERDEEN PROVING GROUND FEDERAL CREDIT UNION
    Similarity Rank: 1465

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 898 $202,940,000 $225,991 $3,396 3.28%
    HELOC 354 $31,310,000 $88,446 n/a 4.18%
    USDA 7 $1,205,000 $172,143 $5,490 2.55%

    For 2020, Acnb Bank's most frequently originated type of loan was Conventional, with 898 originations. Their 2nd most popular type was HELOC, with 354 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 577 $120,375,000 $208,622 $3,227 3.31%
    Home Purchase 275 $61,635,000 $224,127 $3,993 3.66%
    Other 197 $13,665,000 $69,365 $1,747 4.13%
    Cash Out Refi 156 $35,260,000 $226,026 $3,511 3.03%
    Home Improvement 54 $4,520,000 $83,704 $425 4.39%

    For 2020, Acnb Bank's most frequently cited loan purpose was Refi, with 577 originations. The 2nd most popular reason was Home Purchase, with 275 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 510 $67,500,000 $132,353 $3,261 4.04%
    30 Year 374 $90,670,000 $242,433 $3,545 3.09%
    15 Year 258 $51,320,000 $198,915 $3,219 2.92%
    Other 42 $10,030,000 $238,810 $3,509 3.72%
    10 Year 35 $3,165,000 $90,429 $1,812 3.82%
    30+ year 28 $10,500,000 $375,000 $4,880 4.18%
    1 Year 10 $2,050,000 $205,000 $2,152 4.80%
    5 Year 2 $220,000 $110,000 $928 4.93%

    For 2020, Acnb Bank's most frequently cited loan duration was 20 Year, with 510 originations. The 2nd most popular length was 30 Year, with 374 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 660 $156,430,000 $237,015
    $<1k 88 $11,300,000 $128,409
    $2k-3k 23 $5,845,000 $254,130
    $3k-4k 3 $925,000 $308,333
    $4k-5k 1 $375,000 $375,000
    $5k+ 1 $335,000 $335,000

    Acnb Bank's average total fees were $3,545, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 660 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 554 $87,200,000 $157,401
    2.5-3% 322 $78,340,000 $243,292
    4-5% 178 $31,150,000 $175,000
    <2.5% 151 $33,945,000 $224,801
    5-6% 51 $4,645,000 $91,078
    6-7% 3 $175,000 $58,333

    During 2020, Acnb Bank's average interest rate for loans was 3.09%, while their most frequently originated rate bucket for loans was 3-4%, with 554 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 439 $64,625,000 $147,210 $3,206 3.45%
    $200k-400k 398 $108,370,000 $272,286 $3,737 3.12%
    $100,000 or less 339 $17,705,000 $52,227 $2,043 4.14%
    $400k-600k 67 $31,175,000 $465,299 $3,931 3.18%
    $600k-1MM 14 $9,740,000 $695,714 $4,699 3.92%
    $1MM+ 2 $3,840,000 $1,920,000 $0 3.60%

    2020 saw Acnb Bank place emphasis on $100k-200k loans with 439 originations, totaling $64,625,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 294 $57,830,000 $196,701 $3,392 3.45%
    $50k-75k 208 $28,700,000 $137,981 $3,355 3.57%
    $75k-100k 208 $34,890,000 $167,740 $3,387 3.45%
    $150k-250k 206 $46,700,000 $226,699 $3,565 3.39%
    $50k or less 143 $14,025,000 $98,077 $3,060 3.69%
    $250k+ 77 $24,515,000 $318,377 $3,898 3.41%

    Acnb Bank lent most frequently to those with incomes in the $100k-150k range, with 294 originations. The second most popular income band? $50k-75k, with 208 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 353 $63,295,000 $179,306 $3,340 3.33%
    30-36% 227 $41,065,000 $180,903 $3,386 3.49%
    <20% 150 $28,240,000 $188,267 $3,414 3.20%
    44% 44 $6,780,000 $154,091 $3,015 4.01%
    41% 43 $7,165,000 $166,628 $3,314 3.59%
    38% 43 $7,265,000 $168,953 $3,814 3.68%
    42% 42 $7,850,000 $186,905 $3,588 3.61%
    36% 41 $8,165,000 $199,146 $3,444 3.59%
    37% 35 $6,815,000 $194,714 $3,675 3.62%
    43% 32 $5,210,000 $162,813 $4,020 3.68%
    39% 31 $6,315,000 $203,710 $3,373 3.47%
    >60% 26 $4,490,000 $172,692 $540 4.09%
    40% 25 $3,895,000 $155,800 $3,091 3.82%
    45% 24 $5,530,000 $230,417 $3,799 3.48%
    50-60% 15 $3,265,000 $217,667 $2,171 4.08%
    46% 14 $2,810,000 $200,714 $3,691 3.78%
    48% 12 $3,560,000 $296,667 $3,747 3.05%
    49% 12 $1,900,000 $158,333 $3,353 3.83%
    47% 7 $1,345,000 $192,143 $3,265 3.20%

    Acnb Bank lent most frequently to those with DTI ratios of 20-30%, with 353 originations. The next most common DTI ratio? 30-36%, with 227 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,115 $200,715,000 $180,013 $3,422 3.49%
    Not applicable 81 $19,885,000 $245,494 $0 4.17%
    Not provided 48 $10,890,000 $226,875 $3,267 3.21%
    Asian 6 $1,690,000 $281,667 $2,882 3.62%
    Black 7 $1,645,000 $235,000 $3,682 3.05%
    American Indian 1 $345,000 $345,000 $5,095 2.88%
    Native Hawaiian or Islander 1 $285,000 $285,000 $0 3.92%

    Approval Rates

    Total approvals of all applications
    88.06%

    Acnb Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    86.18%

    Acnb Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,259 $235,455,000 $187,017

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 23 $12,415,000 $539,783
    Single Family (1-4 Units):Manufactured 10 $1,280,000 $128,000
    Single Family (1-4 Units):Site-Built 1,226 $221,760,000 $180,881

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 157 $17,065,000 $108,694 $2,395 3.94%
    40-60% 185 $34,515,000 $186,568 $3,153 3.23%
    60-80% 510 $119,760,000 $234,824 $3,506 3.28%
    80-100% 218 $56,060,000 $257,156 $3,853 3.38%
    Under 20% 186 $7,340,000 $39,462 $773 4.28%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Acnb Bank 10 High Street Cashtown, PA 17310 Limited, Drive-thru $11,130
    Acnb Bank 100 V-Twin Drive Gettysburg, PA 17325 Limited, Drive-thru $29,656
    Acnb Bank 1001 Twin Arch Road Mount Airy, MD 21771 Full Service B&M $36,033
    Acnb Bank 101 Main Street Arendtsville, PA 17303 Full Service B&M $38,918
    Acnb Bank 101 North Main Street Bendersville, PA 17306 Full Service B&M $38,210
    Acnb Bank 1127 Eichelberger Street Hanover, PA 17331 Full Service B&M $81,143
    Acnb Bank 16 Lincoln Square Gettysburg, PA 17325 Full Service B&M $156,547
    Acnb Bank 165a Thomas Johnson Drive Frederick, MD 21702 Full Service B&M $74,802
    Acnb Bank 1677 Route 194 North East Berlin, PA 17316 Full Service B&M $81,110
    Acnb Bank 1708 Liberty Road Eldersburg, MD 21784 Full Service B&M $18,353
    Acnb Bank 1801 Baltimore Pike Hanover, PA 17331 Full Service B&M $34,713
    Acnb Bank 2 North Market Street Frederick, MD 21701 Full Service B&M $194,213
    Acnb Bank 200 Commerce Drive Walkersville, MD 21793 Full Service B&M $61,401
    Acnb Bank 201 Pauline Drive York, PA 17402 Full Service B&M $37,887
    Acnb Bank 202 Main Street York Springs, PA 17372 Full Service B&M $47,589
    Acnb Bank 213 Main Street New Windsor, MD 21776 Full Service B&M $67,145
    Acnb Bank 221 North Main Street Spring Grove, PA 17362 Full Service B&M $36,438
    Acnb Bank 222 East Baltimore Street Taneytown, MD 21787 Full Service B&M $51,521
    Acnb Bank 2305 Hanover Pike Hampstead, MD 21074 Full Service B&M $22,364
    Acnb Bank 3 Tristan Drive Dillsburg, PA 17019 Full Service B&M $34,372
    Acnb Bank 318 Lincolnway East New Oxford, PA 17350 Full Service B&M $49,421
    Acnb Bank 3459 Biglerville Rd Biglerville, PA 17307 Full Service B&M $38,981
    Acnb Bank 369 Main Street Mc Sherrystown, PA 17344 Full Service B&M $96,626
    Acnb Bank 39 Carlisle Road Newville, PA 17241 Full Service B&M $58,852
    Acnb Bank 444 West King Street Littlestown, PA 17340 Full Service B&M $97,814
    Acnb Bank 444 Wmc Drive Westminster, MD 21158 Full Service B&M $74,520
    Acnb Bank 490 Monocacy Blvd Frederick, MD 21701 Full Service B&M $33,309
    Acnb Bank 4910 Fairfield Road, Suite F Fairfield, PA 17320 Full Service B&M $64,555
    Acnb Bank 545 West Middle Street Gettysburg, PA 17325 Full Service B&M $46,317
    Acnb Bank 675 Old Harrisburg Road Gettysburg, PA 17325 Full Service B&M $154,311
    Acnb Bank 6910 Crestwood Blvd Frederick, MD 21703 Full Service B&M $77,054
    Acnb Bank 810 Market Street Westminster, MD 21157 Full Service B&M $59,018
    Acnb Bank 850 Norland Avenue Chambersburg, PA 17201 Full Service B&M $36,517

    For 2020, Acnb Bank had 33 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $85,207
    Net interest income $73,682
    Total noninterest income $14,001
    Gross Fiduciary activities income $2,212
    Service charges on deposit accounts $3,355
    Trading account gains and fees $0
    Additional Noninterest Income $8,434
    Pre-tax net operating income $23,519
    Securities gains (or losses, -) $21
    Income before extraordinary items $18,900
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $18,900
    Minority interest net income $0
    Net income $18,900
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $18,883

    Acnb Bank's gross interest income from loans was $85,207,000.
    Acnb Bank's net interest income from loans was $73,682,000.
    Acnb Bank's fee based income from loans was $3,355,000.
    Acnb Bank's net income from loans was $18,900,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $11,525
    Provision for credit losses $9,140
    Total noninterest expense $55,024
    Salaries and employee benefits $35,235
    Premises and equipment expense $9,932
    Additional noninterest expense $9,857
    Applicable income taxes $4,640
    Net charge-offs $2,749
    Cash dividends $8,685

    Acnb Bank's interest expense for loans was $11,525,000.
    Acnb Bank's payroll and benefits expense were $35,235,000.
    Acnb Bank's property, plant and equipment expenses $9,932,000.

    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 $2,192,657
    Deposits held in domestic offices $2,192,657
    Deposits by Individuals, partnerships, and corporations $1,933,596
    Deposits by U.S. Government $17
    Deposits by States and political subdivisions in the U.S. $258,050
    Deposits by Commercial banks and other depository institutions in U.S. $994
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $198,867
    Demand deposits $116,633
    Nontransaction accounts $1,993,790
    Money market deposit accounts (MMDAs) $298,120
    Other savings deposits (excluding MMDAs) $1,219,012
    Total time deposits $476,658
    Total time and savings deposits $2,076,024
    Noninterest-bearing deposits $85,577
    Interest-bearing deposits $2,107,080
    Retail deposits $2,092,487
    IRAs and Keogh plan accounts $83,629
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,541,188
    Cash & Balances due from depository institutions $399,352
    Interest-bearing balances $375,613
    Total securities $349,077
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,628,592
    Loan and leases loss allowance $20,226
    Trading account assets $0
    Bank premises and fixed assets $34,865
    Other real estate owned $0
    Goodwill and other intangibles $39,789
    All other assets $89,513

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,541,188
    Total Liabilities $2,289,081
    Total deposits $2,192,657
    Interest-bearing deposits $2,107,080
    Deposits held in domestic offices $2,192,657
    % insured (estimated) $88
    Federal funds purchased and repurchase agreements $38,464
    Trading liabilities $0
    Other borrowed funds $41,854
    Subordinated debt $0
    All other liabilities $16,106

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,628,592
    Loan and leases loss allowance $20,226
    Total loans and leases (domestic) $1,648,818
    All real estate loans $1,315,512
    Real estate loans in domestic offices $1,315,512
    Construction and development loans $59,251
    Residential 1-4 family construction $18,483
    Other construction, all land development and other land $40,768
    Loans secured by nonfarm nonresidential properties $623,452
    Nonfarm nonresidential secured by owner-occupied properties $313,544
    Commercial real estate & other non-farm, non-residential $309,908
    Multifamily residential real estate $44,301
    1-4 family residential loans $511,635
    Farmland loans $76,873
    Loans held in foreign offices $0
    Farm loans $5,666
    Commercial and industrial loans $244,868
    To non-U.S. addressees $0
    Loans to individuals $13,151
    Credit card loans $0
    Related Plans $5,241
    Consumer Auto Loans $749
    Other loans to individuals $7,161
    All other loans & leases $69,621
    Loans to foreign governments and official institutions $0
    Other loans $849
    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 $3,680
    Non 1-4 family restructured loans & leases $3,680
    Total loans and leases (foreign) $0

    ACNB Bank had $1,628,592,000 of loans outstanding in 2020. $1,315,512,000 of loans were in real estate loans. $59,251,000 of loans were in development loans. $44,301,000 of loans were in multifamily mortgage loans. $511,635,000 of loans were in 1-4 family mortgage loans. $5,666,000 of loans were in farm loans. $0 of loans were in credit card loans. $749,000 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 835 $228,047 $273,110
    Nonfarm, nonresidential loans - <$100k 105 $4,532 $43,162
    Nonfarm, nonresidential loans - $100-250k 259 $33,532 $129,467
    Nonfarm, nonresidential loans - $250k-1MM 471 $189,983 $403,361
    Commercial & Industrial, US addressed loans - <$1MM 2,174 $167,562 $77,075
    Commercial & Industrial, US addressed loans - <$100k 1,622 $49,359 $30,431
    Commercial & Industrial, US addressed loans - $100-250k 357 $46,816 $131,137
    Commercial & Industrial, US addressed loans - $250k-1MM 195 $71,387 $366,087
    Farmland loans - <$1MM 163 $27,579 $169,196
    Farmland loans - <$100k 40 $1,655 $41,375
    Farmland loans - $100-250k 66 $9,294 $140,818
    Farmland loans - $250k-1MM 57 $16,630 $291,754
    Agriculture operations loans - <$1MM 96 $4,952 $51,583
    Agriculture operations loans - <$100k 75 $2,451 $32,680
    Agriculture operations loans - $100-250k 18 $1,792 $99,556
    Agriculture operations loans - $250k-1MM 3 $709 $236,333