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, Baltimore, York, Chambersburg, and Washington among others. We have data for 15 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

    1,080

    Origination Dollar Volume (All Markets)

    $219,170,000

    Employee count

    360 Show all (10) 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) 443 $69,705,000 $157,348 $3,500 3.50%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 145 $35,395,000 $244,103 $3,066 3.32%
    YORK-HANOVER, PA (FHA|USDA|VA) 198 $30,740,000 $155,253 $3,559 3.49%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 87 $29,555,000 $339,713 $3,851 3.38%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 96 $27,100,000 $282,292 $3,111 3.41%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 65 $12,375,000 $190,385 $3,384 3.47%
    LANCASTER, PA (FHA|USDA|VA) 12 $4,700,000 $391,667 $3,590 3.43%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 8 $3,040,000 $380,000 $3,969 3.19%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 13 $2,895,000 $222,692 $4,243 3.63%
    SALISBURY, MD-DE (FHA|USDA|VA) 7 $1,725,000 $246,429 $3,520 3.03%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $1,165,000 $1,165,000 $0 3.60%
    Outside of Metro Areas 2 $330,000 $165,000 $3,982 3.75%
    Easton, MD (FHA|USDA|VA) 1 $185,000 $185,000 $2,682 2.25%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $145,000 $145,000 $0 3.85%
    St. Marys, PA (FHA|USDA|VA) 1 $115,000 $115,000 $4,110 2.75%
    Acnb Bank's top markets include Gettysburg, Baltimore, York, Chambersburg, and Washington among others.

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

    PATRIOT
    Similarity Rank: 312
    Sail Mortgage Corp.
    Similarity Rank: 360
    POINT BREEZE
    Similarity Rank: 540
    Cedar Point Federal Credit Union
    Similarity Rank: 546
    Securityplus FCU
    Similarity Rank: 736
    Farmers and Merchants Trust Company of Chambersburg
    Similarity Rank: 1170
    FIRST FINANCIAL OF MARYLAND
    Similarity Rank: 1344
    U S WIDE FINANCIAL LLC
    Similarity Rank: 1680
    Foote Capital Mortgage Company
    Similarity Rank: 2254
    Woodsboro Bank
    Similarity Rank: 2455

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 711 $181,795,000 $255,689 $3,418 3.18%
    HELOC 363 $36,105,000 $99,463 n/a 3.99%
    USDA 6 $1,270,000 $211,667 $5,611 2.48%

    For 2021, Acnb Bank's most frequently originated type of loan was Conventional, with 711 originations. Their 2nd most popular type was HELOC, with 363 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 419 $86,275,000 $205,907 $3,225 3.25%
    Home Purchase 242 $75,180,000 $310,661 $4,273 3.56%
    Other 211 $17,765,000 $84,194 $1,495 4.00%
    Cash Out Refi 166 $36,040,000 $217,108 $3,499 2.93%
    Home Improvement 42 $3,910,000 $93,095 $1,250 4.05%

    For 2021, Acnb Bank's most frequently cited loan purpose was Refi, with 419 originations. The 2nd most popular reason was Home Purchase, with 242 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 525 $85,575,000 $163,000 $3,086 3.91%
    30 Year 297 $67,675,000 $227,862 $3,647 2.97%
    15 Year 171 $33,495,000 $195,877 $3,032 2.71%
    Other 32 $8,070,000 $252,188 $3,450 3.45%
    30+ year 26 $9,680,000 $372,308 $5,150 3.98%
    10 Year 17 $11,825,000 $695,588 $2,217 3.47%
    1 Year 9 $2,115,000 $235,000 $0 4.05%
    5 Year 3 $735,000 $245,000 $206 3.84%

    For 2021, Acnb Bank's most frequently cited loan duration was 20 Year, with 525 originations. The 2nd most popular length was 30 Year, with 297 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 527 $119,525,000 $226,803
    $<1k 35 $3,115,000 $89,000
    $2k-3k 8 $1,930,000 $241,250
    $4k-5k 2 $410,000 $205,000
    $5k+ 1 $285,000 $285,000

    Acnb Bank's average total fees were $3,647, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 527 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 507 $97,895,000 $193,087
    2.5-3% 245 $57,265,000 $233,735
    <2.5% 167 $34,945,000 $209,251
    4-5% 157 $28,735,000 $183,025
    5-6% 3 $255,000 $85,000
    6-7% 1 $75,000 $75,000

    During 2021, Acnb Bank's average interest rate for loans was 2.97%, while their most frequently originated rate bucket for loans was 3-4%, with 507 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 393 $57,155,000 $145,433 $3,222 3.32%
    $100,000 or less 301 $17,105,000 $56,827 $1,911 3.93%
    $200k-400k 296 $79,610,000 $268,953 $3,841 3.13%
    $400k-600k 64 $31,270,000 $488,594 $4,543 3.24%
    $600k-1MM 16 $11,310,000 $706,875 $5,227 3.96%
    $1MM+ 10 $22,720,000 $2,272,000 $0 3.69%

    2021 saw Acnb Bank place emphasis on $100k-200k loans with 393 originations, totaling $57,155,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 230 $43,710,000 $190,043 $3,678 3.35%
    $50k-75k 218 $30,580,000 $140,275 $3,215 3.33%
    $75k-100k 185 $31,165,000 $168,459 $3,388 3.46%
    $150k-250k 141 $31,555,000 $223,794 $3,617 3.30%
    $50k or less 112 $12,240,000 $109,286 $3,059 3.34%
    $250k+ 61 $16,765,000 $274,836 $4,107 3.59%

    Acnb Bank lent most frequently to those with incomes in the $100k-150k range, with 230 originations. The second most popular income band? $50k-75k, with 218 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 259 $44,085,000 $170,212 $3,422 3.25%
    30-36% 172 $29,830,000 $173,430 $3,668 3.40%
    <20% 118 $21,090,000 $178,729 $3,462 3.23%
    44% 49 $7,865,000 $160,510 $3,328 3.59%
    43% 38 $7,160,000 $188,421 $3,463 3.42%
    42% 37 $6,485,000 $175,270 $3,332 3.60%
    37% 37 $5,535,000 $149,595 $3,071 3.58%
    40% 36 $6,630,000 $184,167 $3,467 3.46%
    41% 35 $5,355,000 $153,000 $3,065 3.47%
    39% 35 $6,305,000 $180,143 $3,358 3.46%
    36% 29 $4,495,000 $155,000 $3,401 3.42%
    38% 23 $3,835,000 $166,739 $3,231 3.63%
    45% 22 $4,690,000 $213,182 $3,524 3.19%
    >60% 19 $4,695,000 $247,105 $0 4.03%
    50-60% 17 $3,045,000 $179,118 $2,575 4.05%
    48% 12 $2,440,000 $203,333 $3,606 2.99%
    46% 12 $3,090,000 $257,500 $3,682 3.14%
    47% 10 $1,700,000 $170,000 $3,227 3.08%
    49% 7 $1,125,000 $160,714 $3,570 3.07%

    Acnb Bank lent most frequently to those with DTI ratios of 20-30%, with 259 originations. The next most common DTI ratio? 30-36%, with 172 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 909 $163,015,000 $179,334 $3,444 3.39%
    Not applicable 106 $45,430,000 $428,585 $0 4.02%
    Not provided 40 $6,450,000 $161,250 $3,423 3.27%
    Black 13 $2,355,000 $181,154 $3,407 3.63%
    Asian 7 $1,175,000 $167,857 $3,281 3.41%
    American Indian 5 $745,000 $149,000 $3,356 3.20%

    Approval Rates

    Total approvals of all applications
    86.10%

    Acnb Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    87.04%

    Acnb Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,080 $219,170,000 $202,935

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,080 $219,170,000 $202,935

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 177 $18,925,000 $106,921 $2,478 3.75%
    40-60% 180 $38,790,000 $215,500 $3,106 3.22%
    60-80% 412 $103,280,000 $250,680 $3,652 3.27%
    80-100% 157 $50,995,000 $324,809 $3,955 3.24%
    Under 20% 154 $7,180,000 $46,623 $150 4.04%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Acnb Bank 10 High Street Cashtown, PA 17310 Limited, Drive-thru $13,644
    Acnb Bank 100 V-Twin Drive Gettysburg, PA 17325 Limited, Drive-thru $43,403
    Acnb Bank 1001 Twin Arch Road Mount Airy, MD 21771 Full Service B&M $54,026
    Acnb Bank 101 Main Street Arendtsville, PA 17303 Full Service B&M $50,050
    Acnb Bank 101 North Main Street Bendersville, PA 17306 Full Service B&M $44,934
    Acnb Bank 1127 Eichelberger Street Hanover, PA 17331 Full Service B&M $93,975
    Acnb Bank 16 Lincoln Square Gettysburg, PA 17325 Full Service B&M $226,557
    Acnb Bank 165a Thomas Johnson Drive Frederick, MD 21702 Full Service B&M $76,528
    Acnb Bank 1677 Route 194 North East Berlin, PA 17316 Full Service B&M $143,509
    Acnb Bank 1801 Baltimore Pike Hanover, PA 17331 Full Service B&M $38,797
    Acnb Bank 2 North Market Street Frederick, MD 21701 Full Service B&M $216,006
    Acnb Bank 200 Commerce Drive Walkersville, MD 21793 Full Service B&M $67,845
    Acnb Bank 201 Pauline Drive York, PA 17402 Full Service B&M $45,551
    Acnb Bank 213 Main Street New Windsor, MD 21776 Full Service B&M $69,537
    Acnb Bank 221 North Main Street Spring Grove, PA 17362 Full Service B&M $41,977
    Acnb Bank 222 East Baltimore Street Taneytown, MD 21787 Full Service B&M $55,407
    Acnb Bank 2305 Hanover Pike Hampstead, MD 21074 Full Service B&M $23,425
    Acnb Bank 3 Tristan Drive Dillsburg, PA 17019 Full Service B&M $35,313
    Acnb Bank 318 Lincolnway East New Oxford, PA 17350 Full Service B&M $57,821
    Acnb Bank 3459 Biglerville Rd Biglerville, PA 17307 Full Service B&M $45,234
    Acnb Bank 369 Main Street Mc Sherrystown, PA 17344 Full Service B&M $112,250
    Acnb Bank 39 Carlisle Road Newville, PA 17241 Full Service B&M $60,952
    Acnb Bank 444 West King Street Littlestown, PA 17340 Full Service B&M $105,033
    Acnb Bank 444 Wmc Drive Westminster, MD 21158 Full Service B&M $89,863
    Acnb Bank 490 Monocacy Blvd Frederick, MD 21701 Full Service B&M $36,855
    Acnb Bank 4910 Fairfield Road, Suite F Fairfield, PA 17320 Full Service B&M $70,303
    Acnb Bank 545 West Middle Street Gettysburg, PA 17325 Full Service B&M $52,410
    Acnb Bank 675 Old Harrisburg Road Gettysburg, PA 17325 Full Service B&M $181,289
    Acnb Bank 6910 Crestwood Blvd Frederick, MD 21703 Full Service B&M $99,312
    Acnb Bank 810 Market Street Westminster, MD 21157 Full Service B&M $63,710
    Acnb Bank 850 Norland Avenue Chambersburg, PA 17201 Full Service B&M $39,280

    For 2021, Acnb Bank had 31 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $78,072
    Net interest income $72,295
    Total noninterest income $16,096
    Gross Fiduciary activities income $2,551
    Service charges on deposit accounts $3,510
    Trading account gains and fees $0
    Additional Noninterest Income $10,035
    Pre-tax net operating income $35,223
    Securities gains (or losses, -) $-29
    Income before extraordinary items $27,752
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $27,752
    Minority interest net income $0
    Net income $27,752
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $27,774

    Acnb Bank's gross interest income from loans was $78,072,000.
    Acnb Bank's net interest income from loans was $72,295,000.
    Acnb Bank's fee based income from loans was $3,510,000.
    Acnb Bank's net income from loans was $27,752,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $5,777
    Provision for credit losses $50
    Total noninterest expense $53,118
    Salaries and employee benefits $32,680
    Premises and equipment expense $9,945
    Additional noninterest expense $10,493
    Applicable income taxes $7,442
    Net charge-offs $1,243
    Cash dividends $8,969

    Acnb Bank's interest expense for loans was $5,777,000.
    Acnb Bank's payroll and benefits expense were $32,680,000.
    Acnb Bank's property, plant and equipment expenses $9,945,000.

    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 1.0%
    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 $2,441,127
    Deposits held in domestic offices $2,441,127
    Deposits by Individuals, partnerships, and corporations $2,114,741
    Deposits by U.S. Government $42
    Deposits by States and political subdivisions in the U.S. $325,102
    Deposits by Commercial banks and other depository institutions in U.S. $1,242
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $229,974
    Demand deposits $127,687
    Nontransaction accounts $2,211,153
    Money market deposit accounts (MMDAs) $347,678
    Other savings deposits (excluding MMDAs) $1,433,423
    Total time deposits $430,052
    Total time and savings deposits $2,313,440
    Noninterest-bearing deposits $87,288
    Interest-bearing deposits $2,353,839
    Retail deposits $2,333,930
    IRAs and Keogh plan accounts $78,296
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,772,684
    Cash & Balances due from depository institutions $710,131
    Interest-bearing balances $695,219
    Total securities $444,588
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,451,587
    Loan and leases loss allowance $19,033
    Trading account assets $0
    Bank premises and fixed assets $33,018
    Other real estate owned $0
    Goodwill and other intangibles $38,921
    All other assets $94,439

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,772,684
    Total Liabilities $2,505,701
    Total deposits $2,441,127
    Interest-bearing deposits $2,353,839
    Deposits held in domestic offices $2,441,127
    % insured (estimated) $85
    Federal funds purchased and repurchase agreements $35,202
    Trading liabilities $0
    Other borrowed funds $14,270
    Subordinated debt $0
    All other liabilities $15,102

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,451,587
    Loan and leases loss allowance $19,033
    Total loans and leases (domestic) $1,470,620
    All real estate loans $1,280,336
    Real estate loans in domestic offices $1,280,336
    Construction and development loans $52,450
    Residential 1-4 family construction $14,683
    Other construction, all land development and other land $37,767
    Loans secured by nonfarm nonresidential properties $652,417
    Nonfarm nonresidential secured by owner-occupied properties $300,449
    Commercial real estate & other non-farm, non-residential $351,968
    Multifamily residential real estate $50,231
    1-4 family residential loans $441,631
    Farmland loans $83,607
    Loans held in foreign offices $0
    Farm loans $5,928
    Commercial and industrial loans $110,405
    To non-U.S. addressees $0
    Loans to individuals $10,718
    Credit card loans $0
    Related Plans $4,284
    Consumer Auto Loans $454
    Other loans to individuals $5,980
    All other loans & leases $63,233
    Loans to foreign governments and official institutions $0
    Other loans $410
    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 $3,574
    Non 1-4 family restructured loans & leases $3,574
    Total loans and leases (foreign) $0

    ACNB Bank had $1,451,587,000 of loans outstanding in 2021. $1,280,336,000 of loans were in real estate loans. $52,450,000 of loans were in development loans. $50,231,000 of loans were in multifamily mortgage loans. $441,631,000 of loans were in 1-4 family mortgage loans. $5,928,000 of loans were in farm loans. $0 of loans were in credit card loans. $454,000 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 899 $225,460 $250,790
    Nonfarm, nonresidential loans - <$100k 141 $4,166 $29,546
    Nonfarm, nonresidential loans - $100-250k 261 $31,158 $119,379
    Nonfarm, nonresidential loans - $250k-1MM 497 $190,136 $382,567
    Commercial & Industrial, US addressed loans - <$1MM 1,309 $75,144 $57,406
    Commercial & Industrial, US addressed loans - <$100k 896 $19,042 $21,252
    Commercial & Industrial, US addressed loans - $100-250k 230 $19,925 $86,630
    Commercial & Industrial, US addressed loans - $250k-1MM 183 $36,177 $197,689
    Farmland loans - <$1MM 188 $30,743 $163,527
    Farmland loans - <$100k 44 $1,368 $31,091
    Farmland loans - $100-250k 76 $10,056 $132,316
    Farmland loans - $250k-1MM 68 $19,319 $284,103
    Agriculture operations loans - <$1MM 123 $4,948 $40,228
    Agriculture operations loans - <$100k 99 $2,425 $24,495
    Agriculture operations loans - $100-250k 19 $1,502 $79,053
    Agriculture operations loans - $250k-1MM 5 $1,021 $204,200