Apollo Trust Company Mortgage Rates, Fees & Info

APOLLO, PA

LEI: 5493006J2ROMTD5Q0731

Tax ID: 25-0326730

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

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

    Apollo Trust Company is a smaller mortgage company specializing in Home Purchase, Cash Out Refi, and Refi loans. Apollo Trust Company has a high proportion of conventional loans. Their top two markets are Pittsburgh and Indiana .

    Apollo Trust Company has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.

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    Originations

    123

    Origination Dollar Volume (All Markets)

    $22,545,000

    Employee count

    45

    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
    PITTSBURGH, PA (FHA|USDA|VA) 119 $21,855,000 $183,655 $0 0.00%
    Indiana, PA (FHA|USDA|VA) 3 $405,000 $135,000 $0 0.00%
    Outside of Metro Areas 1 $285,000 $285,000 $0 0.00%
    Apollo Trust Company's top markets include Pittsburgh and Indiana among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 123 $22,545,000 $183,293 $0 0.00%

    For 2020, Apollo Trust Company's most frequently originated type of loan was Conventional, with 123 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 47 $8,565,000 $182,234 $0 0.00%
    Cash Out Refi 32 $5,950,000 $185,938 $0 0.00%
    Refi 25 $6,625,000 $265,000 $0 0.00%
    Other 12 $990,000 $82,500 $0 0.00%
    Home Improvement 7 $415,000 $59,286 $0 0.00%

    For 2020, Apollo Trust Company's most frequently cited loan purpose was Home Purchase, with 47 originations. The 2nd most popular reason was Cash Out Refi, with 32 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 123 $22,545,000 $183,293 $0 0.00%

    For 2020, Apollo Trust Company's most frequently cited loan duration was Other, with 123 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 45 $2,475,000 $55,000 $0 0.00%
    $100k-200k 45 $6,365,000 $141,444 $0 0.00%
    $200k-400k 22 $5,900,000 $268,182 $0 0.00%
    $400k-600k 7 $3,125,000 $446,429 $0 0.00%
    $1MM+ 3 $3,705,000 $1,235,000 $0 0.00%
    $600k-1MM 1 $975,000 $975,000 $0 0.00%

    2020 saw Apollo Trust Company place emphasis on $100,000 or less loans with 45 originations, totaling $2,475,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 23 $3,745,000 $162,826 $0 0.00%
    $150k-250k 21 $3,775,000 $179,762 $0 0.00%
    $50k-75k 18 $1,700,000 $94,444 $0 0.00%
    $75k-100k 17 $2,395,000 $140,882 $0 0.00%
    $50k or less 12 $850,000 $70,833 $0 0.00%
    $250k+ 9 $2,225,000 $247,222 $0 0.00%

    Apollo Trust Company lent most frequently to those with incomes in the $100k-150k range, with 23 originations. The second most popular income band? $150k-250k, with 21 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 123 $22,545,000 $183,293 $0 0.00%

    Apollo Trust Company lent most frequently to those with DTI ratios of Exempt%, with 123 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 101 $15,075,000 $149,257 $0 0.00%
    Not applicable 19 $7,165,000 $377,105 $0 0.00%
    Not provided 1 $195,000 $195,000 $0 0.00%
    American Indian 1 $55,000 $55,000 $0 0.00%
    Black 1 $55,000 $55,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.47%

    Apollo Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    90.24%

    Apollo Trust Company has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 123 $22,545,000 $183,293

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 4 $4,680,000 $1,170,000
    Single Family (1-4 Units):Site-Built 119 $17,865,000 $150,126

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Apollo Trust Company 1696 Pennsylvania 56 Spring Church, PA 15686 Full Service B&M $7,716
    Apollo Trust Company 201 North Warren Avenue Apollo, PA 15613 Full Service B&M $58,816
    Apollo Trust Company 2113 River Road North Apollo, PA 15673 Full Service B&M $16,360
    Apollo Trust Company 312 North Second Street Apollo, PA 15613 Limited, Drive-thru $4,181
    Apollo Trust Company 501 Hyde Park Road Leechburg, PA 15656 Full Service B&M $27,695
    Apollo Trust Company 697 Sportsman Drive Apollo, PA 15613 Full Service B&M $20,522

    For 2020, Apollo Trust Company had 6 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $6,777
    Net interest income $6,547
    Total noninterest income $1,074
    Gross Fiduciary activities income $191
    Service charges on deposit accounts $311
    Trading account gains and fees $0
    Additional Noninterest Income $572
    Pre-tax net operating income $2,363
    Securities gains (or losses, -) $0
    Income before extraordinary items $1,852
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $1,852
    Minority interest net income $0
    Net income $1,852
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $1,852

    Apollo Trust Company's gross interest income from loans was $6,777,000.
    Apollo Trust Company's net interest income from loans was $6,547,000.
    Apollo Trust Company's fee based income from loans was $311,000.
    Apollo Trust Company's net income from loans was $1,852,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $230
    Provision for credit losses $29
    Total noninterest expense $5,229
    Salaries and employee benefits $3,032
    Premises and equipment expense $1,054
    Additional noninterest expense $1,143
    Applicable income taxes $511
    Net charge-offs $43
    Cash dividends $1,084

    Apollo Trust Company's interest expense for loans was $230,000.
    Apollo Trust Company's payroll and benefits expense were $3,032,000.
    Apollo Trust Company's property, plant and equipment expenses $1,054,000.

    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 $143,250
    Deposits held in domestic offices $143,250
    Deposits by Individuals, partnerships, and corporations $142,126
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $1,124
    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 $69,782
    Demand deposits $65,045
    Nontransaction accounts $73,468
    Money market deposit accounts (MMDAs) $1,983
    Other savings deposits (excluding MMDAs) $60,108
    Total time deposits $11,377
    Total time and savings deposits $78,205
    Noninterest-bearing deposits $65,045
    Interest-bearing deposits $78,205
    Retail deposits $141,683
    IRAs and Keogh plan accounts $4,085
    Brokered deposits $1,000
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $166,802
    Cash & Balances due from depository institutions $2,284
    Interest-bearing balances $661
    Total securities $27,539
    Federal funds sold & reverse repurchase $0
    Net loans and leases $129,941
    Loan and leases loss allowance $1,194
    Trading account assets $0
    Bank premises and fixed assets $1,989
    Other real estate owned $21
    Goodwill and other intangibles $0
    All other assets $5,028

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $166,802
    Total Liabilities $148,497
    Total deposits $143,250
    Interest-bearing deposits $78,205
    Deposits held in domestic offices $143,250
    % insured (estimated) $92
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $3,500
    Subordinated debt $0
    All other liabilities $1,747

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $129,941
    Loan and leases loss allowance $1,194
    Total loans and leases (domestic) $131,135
    All real estate loans $113,575
    Real estate loans in domestic offices $113,575
    Construction and development loans $1,115
    Residential 1-4 family construction $1,115
    Other construction, all land development and other land $0
    Loans secured by nonfarm nonresidential properties $14,332
    Nonfarm nonresidential secured by owner-occupied properties $3,321
    Commercial real estate & other non-farm, non-residential $11,011
    Multifamily residential real estate $15,554
    1-4 family residential loans $82,574
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $7,208
    To non-U.S. addressees $0
    Loans to individuals $2,865
    Credit card loans $0
    Related Plans $186
    Consumer Auto Loans $2,217
    Other loans to individuals $462
    All other loans & leases $7,533
    Loans to foreign governments and official institutions $0
    Other loans $0
    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 $47
    Non 1-4 family restructured loans & leases $47
    Total loans and leases (foreign) $0

    APOLLO TRUST COMPANY had $129,941,000 of loans outstanding in 2020. $113,575,000 of loans were in real estate loans. $1,115,000 of loans were in development loans. $15,554,000 of loans were in multifamily mortgage loans. $82,574,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $2,217,000 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 52 $11,552 $222,154
    Nonfarm, nonresidential loans - <$100k 8 $314 $39,250
    Nonfarm, nonresidential loans - $100-250k 21 $2,467 $117,476
    Nonfarm, nonresidential loans - $250k-1MM 23 $8,771 $381,348
    Commercial & Industrial, US addressed loans - <$1MM 62 $5,909 $95,306
    Commercial & Industrial, US addressed loans - <$100k 32 $857 $26,781
    Commercial & Industrial, US addressed loans - $100-250k 14 $1,591 $113,643
    Commercial & Industrial, US addressed loans - $250k-1MM 16 $3,461 $216,313