Presidential Bank Fsb Mortgage Rates, Fees & Info
Bethesda, MDLEI: 54930078TNN7GKZ7NU89
Tax ID: 52-1377663
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Overview
Presidential Bank Fsb is a small bank specializing in Home Purchase and Refi loans. Presidential Bank Fsb has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets include Washington, Baltimore, Richmond, Philadelphia, and Charlottesville among others. Presidential Bank Fsb has an above average approval rate for mortages when compared nationally. They have an average pick rate when compared to the same sample of other lendors. Presidential Bank Fsb is typically an average fee lendor.Originations
4,645Origination Dollar Volume (All Markets)
$1,638,195,000Employee count
269Awards
Presidential Bank FSB - 2021
Presidential Bank FSB is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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Relative Rate
Presidential Bank Fsb's average 30 year fixed rate mortgage of loans were
3.06%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of -0.09%.
Relative Fees
Presidential Bank Fsb's average total fees for a 30 year fixed rate
mortgage are $5,554.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1,791 | $722,155,000 | $403,213 | $5,548 | 3.04% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 768 | $278,050,000 | $362,044 | $5,218 | 2.97% |
| RICHMOND, VA (FHA|USDA|VA) | 619 | $140,915,000 | $227,649 | $5,213 | 3.12% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 419 | $133,535,000 | $318,699 | $5,816 | 3.07% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 136 | $51,070,000 | $375,515 | $5,533 | 3.03% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 74 | $26,500,000 | $358,108 | $4,818 | 3.11% |
| Outside of Metro Areas | 88 | $23,880,000 | $271,364 | $5,000 | 3.20% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 57 | $21,435,000 | $376,053 | $4,889 | 2.74% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 72 | $17,540,000 | $243,611 | $4,590 | 3.08% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 50 | $17,470,000 | $349,400 | $3,918 | 3.03% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 57 | $16,165,000 | $283,596 | $4,679 | 3.03% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 44 | $13,510,000 | $307,045 | $4,691 | 3.05% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 24 | $11,310,000 | $471,250 | $5,857 | 3.18% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 14 | $5,670,000 | $405,000 | $6,287 | 2.80% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 11 | $5,425,000 | $493,182 | $4,388 | 3.06% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 10 | $5,210,000 | $521,000 | $3,220 | 2.79% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 16 | $5,070,000 | $316,875 | $5,533 | 3.00% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 19 | $4,995,000 | $262,895 | $5,747 | 2.95% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 15 | $4,955,000 | $330,333 | $4,073 | 3.25% |
| READING, PA (FHA|USDA|VA) | 17 | $4,215,000 | $247,941 | $5,301 | 3.01% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 9 | $3,895,000 | $432,778 | $5,378 | 2.86% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 8 | $3,640,000 | $455,000 | $3,643 | 2.72% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 8 | $3,310,000 | $413,750 | $5,348 | 3.28% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 5 | $3,255,000 | $651,000 | $12,186 | 2.43% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 4 | $3,210,000 | $802,500 | $0 | 4.75% |
| GETTYSBURG, PA (FHA|USDA|VA) | 14 | $3,200,000 | $228,571 | $4,963 | 3.17% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 7 | $3,105,000 | $443,571 | $5,354 | 3.11% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 10 | $2,950,000 | $295,000 | $4,685 | 3.21% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 6 | $2,640,000 | $440,000 | $4,497 | 2.88% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 5 | $2,595,000 | $519,000 | $3,380 | 2.45% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 4 | $2,340,000 | $585,000 | $4,193 | 3.35% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $2,300,000 | $1,150,000 | $4,538 | 3.75% |
| PITTSBURGH, PA (FHA|USDA|VA) | 4 | $2,250,000 | $562,500 | $5,138 | 3.31% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 7 | $2,225,000 | $317,857 | $5,414 | 3.45% |
| COLUMBUS, OH (FHA|USDA|VA) | 5 | $2,095,000 | $419,000 | $3,777 | 2.95% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 4 | $2,080,000 | $520,000 | $3,927 | 2.69% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 7 | $2,065,000 | $295,000 | $3,904 | 2.91% |
| Easton, MD (FHA|USDA|VA) | 7 | $2,055,000 | $293,571 | $7,018 | 2.88% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $2,030,000 | $1,015,000 | $19,458 | 3.88% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 5 | $2,015,000 | $403,000 | $5,082 | 2.95% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 3 | $1,965,000 | $655,000 | $11,178 | 2.58% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 7 | $1,855,000 | $265,000 | $6,051 | 3.09% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 3 | $1,815,000 | $605,000 | $4,907 | 3.25% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 5 | $1,775,000 | $355,000 | $6,679 | 2.73% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 4 | $1,750,000 | $437,500 | $2,544 | 2.94% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 6 | $1,700,000 | $283,333 | $3,266 | 2.77% |
| PANAMA CITY, FL (FHA|USDA|VA) | 4 | $1,660,000 | $415,000 | $6,448 | 2.75% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $1,495,000 | $498,333 | $3,776 | 2.33% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $1,475,000 | $1,475,000 | $0 | 4.75% |
| Murray, KY (FHA|USDA|VA) | 1 | $1,445,000 | $1,445,000 | $0 | 4.75% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $1,350,000 | $675,000 | $7,174 | 3.13% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 3 | $1,345,000 | $448,333 | $6,050 | 2.83% |
| LYNCHBURG, VA (FHA|USDA|VA) | 2 | $1,340,000 | $670,000 | $12,279 | 3.31% |
| LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) | 1 | $1,295,000 | $1,295,000 | $0 | 4.75% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $1,230,000 | $615,000 | $6,640 | 2.63% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 5 | $1,195,000 | $239,000 | $5,707 | 3.33% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 2 | $1,140,000 | $570,000 | $3,830 | 2.50% |
| SAVANNAH, GA (FHA|USDA|VA) | 3 | $1,055,000 | $351,667 | $1,376 | 3.17% |
| COLUMBIA, SC (FHA|USDA|VA) | 4 | $1,030,000 | $257,500 | $4,421 | 2.78% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 3 | $1,025,000 | $341,667 | $4,699 | 3.04% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $1,020,000 | $510,000 | $3,349 | 2.31% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $1,015,000 | $1,015,000 | $0 | 4.75% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 4 | $1,010,000 | $252,500 | $4,909 | 2.88% |
| DOVER, DE (FHA|USDA|VA) | 4 | $960,000 | $240,000 | $4,325 | 3.00% |
| FLORENCE, SC (FHA|USDA|VA) | 1 | $935,000 | $935,000 | $0 | 4.75% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $5,364 | 2.79% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 3 | $895,000 | $298,333 | $2,905 | 2.83% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $855,000 | $855,000 | $21,980 | 2.38% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 4 | $840,000 | $210,000 | $3,443 | 3.06% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 3 | $785,000 | $261,667 | $2,649 | 2.42% |
| Lebanon, NH-VT (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $3,688 | 2.94% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $4,012 | 2.92% |
| ROANOKE, VA (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $2,003 | 3.33% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $3,171 | 2.69% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $10,263 | 3.63% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $750,000 | $375,000 | $5,558 | 3.06% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $745,000 | $745,000 | $0 | 2.25% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $3,756 | 2.69% |
| MORGANTOWN, WV (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $3,576 | 2.88% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $3,124 | 3.06% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $7,079 | 2.75% |
| CORVALLIS, OR (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $0 | 3.50% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $2,104 | 2.56% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $3,112 | 2.50% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $4,831 | 3.69% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $3,334 | 3.06% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $6,277 | 2.88% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $4,262 | 2.25% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $4,062 | 2.50% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $7,064 | 2.81% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $6,935 | 2.31% |
| Augusta-Waterville, ME (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $4,825 | 2.93% |
| Sayre, PA (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $4,417 | 2.88% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $11,500 | 2.25% |
| LANCASTER, PA (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $5,423 | 3.81% |
| Shelton, WA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $5,041 | 2.63% |
| Cambridge, MD (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $8,131 | 3.06% |
| Elizabeth City, NC (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $4,848 | 2.81% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $3,225 | 3.19% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 2.25% |
| WILMINGTON, NC (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $3,839 | 3.00% |
| Clovis, NM (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $4,146 | 2.56% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $4,128 | 2.25% |
| Hilo, HI (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 2.25% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $16,810 | 2.88% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $9,627 | 2.38% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $3,404 | 2.75% |
| TUCSON, AZ (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $13,163 | 3.31% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $10,021 | 2.25% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $4,485 | 2.38% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $8,625 | 2.88% |
| MADISON, WI (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $2,717 | 3.00% |
| FAIRBANKS, AK (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $11,677 | 2.38% |
| Sanford, NC (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $7,051 | 2.50% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $3,220 | 3.50% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 3.99% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $7,548 | 3.25% |
| St. Marys, GA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $7,981 | 2.75% |
| Pottsville, PA (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $6,191 | 3.13% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $10,451 | 3.75% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $1,675 | 2.25% |
| Washington Court House, OH (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $4,529 | 3.50% |
| HARRISONBURG, VA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 2.50% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 3.00% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $1,973 | 2.75% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $7,647 | 2.88% |
| EL PASO, TX (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 2.50% |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 3.13% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,252 | 3.00% |
| CHEYENNE, WY (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $10,242 | 2.25% |
| FLINT, MI (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $7,589 | 2.75% |
| Brevard, NC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,371 | 2.75% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $2,702 | 2.88% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,123 | 2.25% |
| JOHNSTOWN, PA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,968 | 2.75% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 4.75% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 3 | $275,000 | $91,667 | $3,117 | 3.29% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $2,812 | 3.13% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $8,152 | 3.49% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $8,401 | 3.00% |
| Gaffney, SC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,512 | 3.13% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 2.50% |
| Athens, OH (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,215 | 2.88% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,152 | 3.13% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,261 | 2.38% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,738 | 2.25% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,028 | 3.25% |
| BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $7,355 | 2.50% |
| BINGHAMTON, NY (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,998 | 3.00% |
| CASPER, WY (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,048 | 2.88% |
| SUMTER, SC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,946 | 3.99% |
| Branson, MO (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,144 | 3.25% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,012 | 3.38% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,509 | 2.88% |
| LAS CRUCES, NM (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $1,881 | 2.75% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $1,340 | 2.25% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,641 | 2.75% |
| Dayton, TN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,411 | 3.00% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,433 | 2.88% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 4.38% |
| GREENVILLE, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,837 | 3.38% |
| Boone, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,218 | 3.00% |
| WHEELING, WV-OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,686 | 2.88% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 3.63% |
| STAUNTON, VA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,179 | 2.25% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,382 | 2.75% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,789 | 2.75% |
| Cullman, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,792 | 2.75% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,189 | 3.13% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 3.38% |
| Danville, VA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,279 | 3.00% |
Presidential Bank Fsb's top markets include Washington, Baltimore, Richmond, Philadelphia, and Charlottesville among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 3,650 | $1,257,900,000 | $344,630 | $4,622 | 3.12% |
| VA | 632 | $278,740,000 | $441,044 | $7,454 | 2.60% |
| FHA | 289 | $82,405,000 | $285,138 | $9,374 | 2.99% |
| USDA | 74 | $19,150,000 | $258,784 | $6,794 | 2.89% |
For the 2021 period, Presidential Bank Fsb's most frequently originated loan type of loans were Conventional, with 3,650 originations. Their 2nd most popular type is VA, with 632 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Home Purchase | 2,338 | $845,060,000 | $361,446 | $6,496 | 3.10% |
| Refi | 1,649 | $578,855,000 | $351,034 | $3,855 | 2.92% |
| Cash Out Refi | 657 | $214,025,000 | $325,761 | $4,917 | 3.13% |
| Other | 1 | $255,000 | $255,000 | $3,722 | 3.49% |
For the 2021, Presidential Bank Fsb's most frequently cited loan purpose of loans were Home Purchase, with 2,338 originations. The 2nd most popular reason of loans were Refi, with 1,649 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 4,100 | $1,463,840,000 | $357,034 | $5,554 | 3.06% |
| 15 Year | 282 | $77,050,000 | $273,227 | $3,726 | 2.63% |
| 20 Year | 124 | $38,290,000 | $308,790 | $3,934 | 2.96% |
| Other | 82 | $26,890,000 | $327,927 | $4,050 | 3.01% |
| 10 Year | 54 | $29,690,000 | $549,815 | $3,363 | 3.58% |
| 5 Year | 2 | $2,280,000 | $1,140,000 | $0 | 4.75% |
| 3 Year | 1 | $155,000 | $155,000 | $0 | 6.50% |
For the 2021, Presidential Bank Fsb's most frequently cited loan length of loans were 30 Year, with 4,100 originations. The 2nd most popular length of loans were 15 Year, with 282 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 3,084 | $1,058,960,000 | $343,372 |
| $2k-3k | 398 | $129,030,000 | $324,196 |
| $3k-4k | 380 | $147,370,000 | $387,816 |
| $<1k | 322 | $99,270,000 | $308,292 |
| $5k+ | 235 | $130,235,000 | $554,191 |
$5,554 of loans were Presidential Bank Fsb's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 3,084 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 2,068 | $728,700,000 | $352,369 |
| 3-4% | 1,928 | $640,630,000 | $332,277 |
| <2.5% | 524 | $201,070,000 | $383,721 |
| 4-5% | 123 | $67,175,000 | $546,138 |
| 5-6% | 1 | $465,000 | $465,000 |
| 6-7% | 1 | $155,000 | $155,000 |
During 2021, Presidential Bank Fsb's average interest rate of loans were 3.06%, while their most frequently originated rate bucket of loans were 2.5-3%, with 2,068 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $200k-400k | 2,258 | $664,080,000 | $294,101 | $5,015 | 3.02% |
| $400k-600k | 1,142 | $556,030,000 | $486,891 | $6,153 | 3.00% |
| $100k-200k | 743 | $118,035,000 | $158,863 | $3,960 | 3.09% |
| $600k-1MM | 338 | $244,640,000 | $723,787 | $8,546 | 3.04% |
| $100,000 or less | 125 | $4,595,000 | $36,760 | $1,303 | 3.27% |
| $1MM+ | 39 | $50,815,000 | $1,302,949 | $13,914 | 3.73% |
2021 saw Presidential Bank Fsb place emphasis on $200k-400k loans with 2,258 originations, totaling $664,080,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-150k | 1,092 | $387,910,000 | $355,229 | $5,930 | 3.06% |
| $150k-250k | 982 | $440,890,000 | $448,971 | $5,799 | 3.07% |
| $50k-75k | 803 | $186,995,000 | $232,870 | $4,986 | 3.07% |
| $75k-100k | 734 | $215,580,000 | $293,706 | $5,139 | 3.06% |
| $250k+ | 384 | $212,680,000 | $553,854 | $6,197 | 3.07% |
| $50k or less | 360 | $60,710,000 | $168,639 | $4,371 | 3.08% |
Presidential Bank Fsb lent most frequently to those with incomes in the $100k-150k range, with 1,092 originations. The second most popular income band? $150k-250k, with 982 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-30% | 1,142 | $405,990,000 | $355,508 | $5,064 | 3.02% |
| 30-36% | 872 | $298,980,000 | $342,867 | $5,380 | 3.09% |
| <20% | 400 | $140,550,000 | $351,375 | $4,579 | 2.99% |
| 44% | 194 | $59,990,000 | $309,227 | $5,807 | 3.10% |
| 43% | 186 | $55,560,000 | $298,710 | $5,091 | 3.13% |
| 42% | 170 | $58,030,000 | $341,353 | $6,054 | 3.24% |
| 41% | 164 | $58,250,000 | $355,183 | $5,768 | 3.10% |
| 37% | 156 | $52,260,000 | $335,000 | $5,545 | 3.10% |
| 38% | 155 | $53,105,000 | $342,613 | $5,697 | 3.08% |
| 39% | 154 | $54,500,000 | $353,896 | $6,411 | 3.06% |
| 40% | 149 | $49,925,000 | $335,067 | $5,648 | 3.11% |
| 36% | 128 | $47,350,000 | $369,922 | $6,332 | 3.09% |
| 45% | 111 | $35,455,000 | $319,414 | $6,129 | 3.12% |
| 46% | 94 | $32,110,000 | $341,596 | $6,049 | 3.04% |
| 49% | 85 | $30,145,000 | $354,647 | $6,242 | 3.04% |
| 47% | 84 | $29,390,000 | $349,881 | $6,567 | 3.03% |
| 48% | 81 | $31,005,000 | $382,778 | $6,792 | 3.04% |
| 50-60% | 33 | $12,695,000 | $384,697 | $7,868 | 2.95% |
Presidential Bank Fsb lent most frequently to those with DTI ratios of 20-30%, with 1,142 originations. The next most common DTI ratio? 30-36%, with 872 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 3,326 | $1,175,740,000 | $353,500 | $5,282 | 3.01% |
| Not provided | 736 | $244,540,000 | $332,255 | $5,381 | 3.08% |
| Black | 335 | $107,655,000 | $321,358 | $5,891 | 3.10% |
| Asian | 191 | $74,475,000 | $389,921 | $5,416 | 3.01% |
| Not applicable | 28 | $26,190,000 | $935,357 | $0 | 4.74% |
| American Indian | 19 | $6,185,000 | $325,526 | $6,667 | 3.20% |
| Native Hawaiian | 8 | $2,730,000 | $341,250 | $6,415 | 2.80% |
| Filipino | 2 | $680,000 | $340,000 | $2,870 | 2.75% |
Approval Rates
Total approvals of all applications97.01%
Presidential Bank Fsb has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination90.88%
Presidential Bank Fsb has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 4,645 | $1,638,195,000 | $352,679 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4,645 | $1,638,195,000 | $352,679 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 164 | $38,760,000 | $236,341 | $3,424 | 2.87% |
| 40-60% | 570 | $177,150,000 | $310,789 | $3,824 | 2.97% |
| 60-80% | 1,605 | $594,865,000 | $370,632 | $4,628 | 3.14% |
| 80-100% | 2,066 | $756,340,000 | $366,089 | $5,958 | 3.01% |
| Over 100% | 151 | $67,015,000 | $443,808 | $14,473 | 2.72% |
| Under 20% | 89 | $4,065,000 | $45,674 | $639 | 3.22% |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| PARKSIDE LENDING, LLC | Conventional home mortgage | Incorrect information on your report | 1 | 16.7% |
| PARKSIDE LENDING, LLC | Conventional home mortgage | Struggling to pay mortgage | 1 | 16.7% |
| PARKSIDE LENDING, LLC | Conventional home mortgage | Trouble during payment process | 4 | 66.7% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Presidential Bank, FSB | 21 Catoctin Cir Se Leesburg, VA 20175 | Full Service B&M | $30,198 |
| Presidential Bank, FSB | 11211 Reston Station Blvd. Reston, VA 20190 | Full Service Retail | $23,268 |
| Presidential Bank, FSB | 11640 Rockville Pike Rockville, MD 20852 | Full Service B&M | $61,517 |
| Presidential Bank, FSB | 1515 Wilson Boulevard Arlington, VA 22209 | Full Service B&M | $21,396 |
| Presidential Bank, FSB | 1660 K Street Washington, DC 20006 | Full Service B&M | $49,525 |
| Presidential Bank, FSB | 4520 East-West Highway Bethesda, MD 20814 | Full Service B&M | $96,961 |
| Presidential Bank, FSB | 4520 East-West Hwy Bethesda, MD 20814 | Full Service Cyber Office | $423,801 |
| Presidential Bank, FSB | 6707 Old Dominion Drive Mclean, VA 22101 | Full Service B&M | $28,641 |
| Presidential Bank, FSB | 8150 Leesburg Pike, Suite 150 Vienna, VA 22182 | Full Service B&M | $27,994 |
| Presidential Bank, FSB | 901 N. Stuart Street Arlington, VA 22203 | Full Service B&M | $14,791 |
For 2021, Presidential Bank Fsb had 10 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $30,316 |
| Net interest income | $25,886 |
| Total noninterest income | $43,693 |
| Gross Fiduciary activities income | $5 |
| Service charges on deposit accounts | $54 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $43,634 |
| Pre-tax net operating income | $20,388 |
| Securities gains (or losses, -) | $-57 |
| Income before extraordinary items | $14,872 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $14,872 |
| Minority interest net income | $0 |
| Net income | $14,872 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $14,917 |
Presidential Bank Fsb's gross interest income from loans was $30,316,000.
Presidential Bank Fsb's net interest income from loans was $25,886,000.
Presidential Bank Fsb's fee based income from loans was $54,000.
Presidential Bank Fsb's net income from loans was $14,872,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $4,430 |
| Provision for credit losses | $-115 |
| Total noninterest expense | $49,306 |
| Salaries and employee benefits | $35,726 |
| Premises and equipment expense | $4,328 |
| Additional noninterest expense | $9,252 |
| Applicable income taxes | $5,459 |
| Net charge-offs | $531 |
| Cash dividends | $5,675 |
Presidential Bank Fsb's interest expense for loans was $4,430,000.
Presidential Bank Fsb's payroll and benefits expense were $35,726,000.
Presidential Bank Fsb's property, plant and equipment expenses $4,328,000.
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 | 1.0% |
| HELOC loans | 0.0% |
| All other family | 2.0% |
| 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 | $785,094 |
| Deposits held in domestic offices | $785,094 |
| Deposits by Individuals, partnerships, and corporations | $784,642 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $0 |
| Deposits by Commercial banks and other depository institutions in U.S. | $452 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $83,603 |
| Demand deposits | $4,933 |
| Nontransaction accounts | $701,491 |
| Money market deposit accounts (MMDAs) | $457,618 |
| Other savings deposits (excluding MMDAs) | $126,205 |
| Total time deposits | $117,668 |
| Total time and savings deposits | $780,161 |
| Noninterest-bearing deposits | $37,588 |
| Interest-bearing deposits | $747,506 |
| Retail deposits | $754,397 |
| IRAs and Keogh plan accounts | $7,448 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $887,431 |
| Cash & Balances due from depository institutions | $269,995 |
| Interest-bearing balances | $266,351 |
| Total securities | $55,239 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $529,814 |
| Loan and leases loss allowance | $8,047 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $3,398 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $28,985 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $887,431 |
| Total Liabilities | $795,422 |
| Total deposits | $785,094 |
| Interest-bearing deposits | $747,506 |
| Deposits held in domestic offices | $785,094 |
| % insured (estimated) | $79 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $10,328 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $529,814 |
| Loan and leases loss allowance | $8,047 |
| Total loans and leases (domestic) | $537,861 |
| All real estate loans | $432,961 |
| Real estate loans in domestic offices | $432,961 |
| Construction and development loans | $51,439 |
| Residential 1-4 family construction | $42,134 |
| Other construction, all land development and other land | $9,305 |
| Loans secured by nonfarm nonresidential properties | $201,560 |
| Nonfarm nonresidential secured by owner-occupied properties | $4,634 |
| Commercial real estate & other non-farm, non-residential | $196,926 |
| Multifamily residential real estate | $34,755 |
| 1-4 family residential loans | $145,207 |
| Farmland loans | $0 |
| Loans held in foreign offices | $0 |
| Farm loans | $0 |
| Commercial and industrial loans | $68,468 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $28,234 |
| Credit card loans | $0 |
| Related Plans | $97 |
| Consumer Auto Loans | $2,404 |
| Other loans to individuals | $25,733 |
| All other loans & leases | $8,198 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $1,154 |
| 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 | $4,236 |
| Non 1-4 family restructured loans & leases | $4,236 |
| Total loans and leases (foreign) | $0 |
Presidential Bank FSB had $529,814,000 of loans outstanding in 2021. $432,961,000 of loans were in real estate loans. $51,439,000 of loans were in development loans. $34,755,000 of loans were in multifamily mortgage loans. $145,207,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $2,404,000 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 | 62 | $30,383 | $490,048 |
| Nonfarm, nonresidential loans - <$100k | 5 | $34 | $6,800 |
| Nonfarm, nonresidential loans - $100-250k | 4 | $551 | $137,750 |
| Nonfarm, nonresidential loans - $250k-1MM | 53 | $29,798 | $562,226 |
| Commercial & Industrial, US addressed loans - <$1MM | 304 | $42,542 | $139,941 |
| Commercial & Industrial, US addressed loans - <$100k | 157 | $6,656 | $42,395 |
| Commercial & Industrial, US addressed loans - $100-250k | 84 | $11,777 | $140,202 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 63 | $24,109 | $382,683 |
