Presidential Bank Fsb Mortgage Rates, Fees & Info

Bethesda, MD

LEI: 54930078TNN7GKZ7NU89

Tax ID: 52-1377663

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

Review & 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 by origination volume include: Washington, Baltimore, Richmond, Philadelphia, and California among others. We have data for 122 markets. (Some data included below & more in-depth data is available with an active subscription.)

Presidential Bank Fsb 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. Presidential Bank Fsb is typically an average 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.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™ Mortgage Type	Simulated Rate	Simulation Date
30 Year Conventional Purchase	6.69%	4/21/24
30 Year Conventional Refi	7.20%	4/21/24
30 Year Cash-out Refi	6.80%	4/21/24
30 Year FHA Purchase	7.48%	4/21/24
30 Year FHA Refi	7.24%	4/21/24
30 Year VA Purchase	6.32%	4/21/24
30 Year VA Refi	6.01%	4/21/24
30 Year USDA Purchase	6.64%	4/21/24
15 Year Conventional Purchase	6.05%	4/21/24
15 Year Conventional Refi	6.16%	4/21/24
15 Year Cash-out Refi	6.16%	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.

Presidential Bank Fsb Mortgage Calculator

Purchase Price:

Loan Amount:

Deposit Amount:

% Deposit:

Interest Rate:

Loan Type:

Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Presidential Bank Fsb. 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

3,719

Origination Dollar Volume (All Markets)

$1,224,325,000

Employee count

276

Awards

Presidential Bank FSB 30 Year Conventional Loans bronze

Show all (8) 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
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA\|USDA\|VA)	1,407	$546,765,000	$388,603	$5,673	4.08%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA\|USDA\|VA)	570	$194,980,000	$342,070	$5,460	4.00%
RICHMOND, VA (FHA\|USDA\|VA)	590	$110,350,000	$187,034	$4,528	4.20%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA\|USDA\|VA)	295	$78,605,000	$266,458	$5,802	4.10%
CALIFORNIA-LEXINGTON PARK, MD (FHA\|USDA\|VA)	189	$58,525,000	$309,656	$5,072	3.99%
CHARLOTTESVILLE, VA (FHA\|USDA\|VA)	114	$37,430,000	$328,333	$4,230	4.08%
Outside of Metro Areas	67	$20,335,000	$303,507	$5,204	4.19%
New York-Newark-Jersey City, NY-NJ-PA (FHA\|USDA\|VA)	51	$15,805,000	$309,902	$5,283	4.04%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA\|USDA\|VA)	58	$13,800,000	$237,931	$4,953	4.12%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA\|USDA\|VA)	33	$12,405,000	$375,909	$4,794	3.67%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA\|USDA\|VA)	36	$11,210,000	$311,389	$3,346	4.08%
SALISBURY, MD-DE (FHA\|USDA\|VA)	29	$8,655,000	$298,448	$4,188	4.04%
OCEAN CITY, NJ (FHA\|USDA\|VA)	14	$8,470,000	$605,000	$5,900	3.93%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA\|USDA\|VA)	9	$4,945,000	$549,444	$5,371	3.71%
NAPLES-MARCO ISLAND, FL (FHA\|USDA\|VA)	1	$4,405,000	$4,405,000	$0	5.50%
CHARLESTON-NORTH CHARLESTON, SC (FHA\|USDA\|VA)	4	$4,250,000	$1,062,500	$5,045	3.72%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA\|USDA\|VA)	10	$4,050,000	$405,000	$4,104	3.80%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA\|USDA\|VA)	5	$3,725,000	$745,000	$8,109	4.23%
WINCHESTER, VA-WV (FHA\|USDA\|VA)	14	$3,620,000	$258,571	$5,461	3.98%
Stephenville, TX (FHA\|USDA\|VA)	1	$3,205,000	$3,205,000	$0	5.50%
HARRISBURG-CARLISLE, PA (FHA\|USDA\|VA)	2	$2,810,000	$1,405,000	$3,702	4.50%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA\|USDA\|VA)	9	$2,295,000	$255,000	$3,582	3.99%
Los Angeles-Long Beach-Anaheim, CA (FHA\|USDA\|VA)	5	$2,065,000	$413,000	$8,996	3.74%
PORT ST. LUCIE, FL (FHA\|USDA\|VA)	4	$2,040,000	$510,000	$5,600	3.91%
Boston-Cambridge-Newton, MA-NH (FHA\|USDA\|VA)	4	$2,040,000	$510,000	$5,332	3.84%
HICKORY-LENOIR-MORGANTON, NC (FHA\|USDA\|VA)	6	$2,030,000	$338,333	$3,074	4.42%
BATTLE CREEK, MI (FHA\|USDA\|VA)	1	$2,025,000	$2,025,000	$0	4.75%
TOLEDO, OH (FHA\|USDA\|VA)	1	$1,825,000	$1,825,000	$0	4.88%
READING, PA (FHA\|USDA\|VA)	8	$1,760,000	$220,000	$5,075	4.41%
Seattle-Tacoma-Bellevue, WA (FHA\|USDA\|VA)	4	$1,750,000	$437,500	$5,973	3.28%
RALEIGH-CARY, NC (FHA\|USDA\|VA)	5	$1,695,000	$339,000	$4,721	3.80%
WILMINGTON, NC (FHA\|USDA\|VA)	3	$1,675,000	$558,333	$3,304	4.29%
North Port-Sarasota-Bradenton, FL (FHA\|USDA\|VA)	5	$1,665,000	$333,000	$4,022	3.57%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA\|USDA\|VA)	5	$1,645,000	$329,000	$6,022	3.93%
YORK-HANOVER, PA (FHA\|USDA\|VA)	5	$1,575,000	$315,000	$4,407	3.85%
GREENVILLE, NC (FHA\|USDA\|VA)	1	$1,505,000	$1,505,000	$0	5.25%
ATLANTIC CITY-HAMMONTON, NJ (FHA\|USDA\|VA)	7	$1,495,000	$213,571	$4,405	4.05%
DURHAM-CHAPEL HILL, NC (FHA\|USDA\|VA)	4	$1,480,000	$370,000	$3,458	3.66%
DENVER-AURORA-LAKEWOOD, CO (FHA\|USDA\|VA)	3	$1,475,000	$491,667	$2,161	3.42%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA\|USDA\|VA)	3	$1,455,000	$485,000	$3,235	4.04%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA\|USDA\|VA)	4	$1,420,000	$355,000	$5,702	3.47%
JACKSONVILLE, FL (FHA\|USDA\|VA)	5	$1,375,000	$275,000	$3,503	3.98%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	4	$1,360,000	$340,000	$4,965	4.00%
PITTSBURGH, PA (FHA\|USDA\|VA)	4	$1,300,000	$325,000	$4,672	4.56%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA\|USDA\|VA)	5	$1,275,000	$255,000	$6,274	3.75%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA\|USDA\|VA)	3	$1,175,000	$391,667	$3,178	3.58%
Sebastian-Vero Beach, FL (FHA\|USDA\|VA)	3	$1,075,000	$358,333	$4,168	4.67%
HUNTSVILLE, AL (FHA\|USDA\|VA)	3	$1,065,000	$355,000	$8,001	3.50%
MANSFIELD, OH (FHA\|USDA\|VA)	1	$1,015,000	$1,015,000	$0	5.25%
ROANOKE, VA (FHA\|USDA\|VA)	3	$1,005,000	$335,000	$3,028	4.33%
MEMPHIS, TN-MS-AR (FHA\|USDA\|VA)	2	$1,000,000	$500,000	$1,127	3.38%
Pinehurst-Southern Pines, NC (FHA\|USDA\|VA)	3	$995,000	$331,667	$3,450	3.83%
MORGANTOWN, WV (FHA\|USDA\|VA)	3	$905,000	$301,667	$8,869	4.08%
GETTYSBURG, PA (FHA\|USDA\|VA)	4	$890,000	$222,500	$6,182	4.31%
CHAMBERSBURG-WAYNESBORO, PA (FHA\|USDA\|VA)	4	$870,000	$217,500	$6,168	4.09%
Easton, MD (FHA\|USDA\|VA)	2	$820,000	$410,000	$4,411	3.88%
BOULDER, CO (FHA\|USDA\|VA)	1	$775,000	$775,000	$4,040	4.13%
ALBANY, GA (FHA\|USDA\|VA)	2	$700,000	$350,000	$2,780	3.38%
PENSACOLA-FERRY PASS-BRENT, FL (FHA\|USDA\|VA)	2	$700,000	$350,000	$4,287	3.19%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA\|USDA\|VA)	1	$685,000	$685,000	$7,770	4.00%
St. Marys, GA (FHA\|USDA\|VA)	2	$670,000	$335,000	$2,483	3.38%
COLUMBIA, SC (FHA\|USDA\|VA)	2	$660,000	$330,000	$3,949	4.31%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA\|USDA\|VA)	2	$650,000	$325,000	$3,460	4.12%
Kill Devil Hills, NC (FHA\|USDA\|VA)	2	$650,000	$325,000	$2,845	3.87%
PROVIDENCE-WARWICK, RI-MA (FHA\|USDA\|VA)	2	$630,000	$315,000	$3,702	4.56%
Elizabeth City, NC (FHA\|USDA\|VA)	2	$630,000	$315,000	$2,437	3.99%
CANTON-MASSILLON, OH (FHA\|USDA\|VA)	3	$625,000	$208,333	$13,393	3.96%
MOUNT VERNON-ANACORTES, WA (FHA\|USDA\|VA)	1	$625,000	$625,000	$4,855	3.75%
FAYETTEVILLE, NC (FHA\|USDA\|VA)	3	$615,000	$205,000	$6,163	3.67%
COLORADO SPRINGS, CO (FHA\|USDA\|VA)	2	$590,000	$295,000	$4,055	3.06%
DOVER, DE (FHA\|USDA\|VA)	3	$585,000	$195,000	$2,573	4.04%
SAVANNAH, GA (FHA\|USDA\|VA)	1	$545,000	$545,000	$2,022	3.63%
PITTSFIELD, MA (FHA\|USDA\|VA)	1	$535,000	$535,000	$7,681	3.63%
HARRISONBURG, VA (FHA\|USDA\|VA)	1	$505,000	$505,000	$17,235	3.25%
CLARKSVILLE, TN-KY (FHA\|USDA\|VA)	2	$500,000	$250,000	$7,740	3.00%
LYNCHBURG, VA (FHA\|USDA\|VA)	1	$485,000	$485,000	$3,713	4.13%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA\|USDA\|VA)	1	$485,000	$485,000	$5,778	3.63%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA\|USDA\|VA)	1	$455,000	$455,000	$5,920	2.75%
CAPE CORAL-FORT MYERS, FL (FHA\|USDA\|VA)	2	$450,000	$225,000	$2,465	3.69%
Chicago-Naperville-Elgin, IL-IN-WI (FHA\|USDA\|VA)	1	$445,000	$445,000	$4,421	3.99%
BOISE CITY, ID (FHA\|USDA\|VA)	1	$445,000	$445,000	$3,888	3.50%
CHATTANOOGA, TN-GA (FHA\|USDA\|VA)	1	$445,000	$445,000	$8,997	4.38%
BARNSTABLE TOWN, MA (FHA\|USDA\|VA)	1	$405,000	$405,000	$3,901	3.88%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA\|USDA\|VA)	1	$375,000	$375,000	$4,737	4.63%
OLYMPIA-LACEY-TUMWATER, WA (FHA\|USDA\|VA)	1	$375,000	$375,000	$7,705	3.13%
Meridian, MS (FHA\|USDA\|VA)	1	$365,000	$365,000	$9,320	3.00%
IDAHO FALLS, ID (FHA\|USDA\|VA)	1	$355,000	$355,000	$2,992	2.75%
SHREVEPORT-BOSSIER CITY, LA (FHA\|USDA\|VA)	1	$345,000	$345,000	$5,624	2.75%
KALAMAZOO-PORTAGE, MI (FHA\|USDA\|VA)	1	$345,000	$345,000	$3,109	3.99%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA\|USDA\|VA)	2	$340,000	$170,000	$3,252	3.81%
JACKSON, MS (FHA\|USDA\|VA)	1	$335,000	$335,000	$6,635	3.38%
GREENVILLE-ANDERSON, SC (FHA\|USDA\|VA)	1	$325,000	$325,000	$9,080	4.13%
Moscow, ID (FHA\|USDA\|VA)	1	$325,000	$325,000	$2,135	2.88%
ST. LOUIS, MO-IL (FHA\|USDA\|VA)	1	$305,000	$305,000	$0	3.25%
DAYTON-KETTERING, OH (FHA\|USDA\|VA)	1	$305,000	$305,000	$3,832	3.63%
Cambridge, MD (FHA\|USDA\|VA)	1	$305,000	$305,000	$6,531	4.13%
KNOXVILLE, TN (FHA\|USDA\|VA)	1	$285,000	$285,000	$3,287	4.63%
VALDOSTA, GA (FHA\|USDA\|VA)	1	$275,000	$275,000	$1,787	3.75%
LONGVIEW, WA (FHA\|USDA\|VA)	1	$265,000	$265,000	$2,146	3.88%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA\|USDA\|VA)	1	$245,000	$245,000	$3,072	4.50%
GREENSBORO-HIGH POINT, NC (FHA\|USDA\|VA)	1	$245,000	$245,000	$3,450	3.88%
PHOENIX-MESA-CHANDLER, AZ (FHA\|USDA\|VA)	1	$225,000	$225,000	$3,232	3.00%
MORRISTOWN, TN (FHA\|USDA\|VA)	1	$225,000	$225,000	$4,536	4.12%
Lebanon, NH-VT (FHA\|USDA\|VA)	1	$225,000	$225,000	$5,412	3.63%
Jefferson, GA (FHA\|USDA\|VA)	1	$225,000	$225,000	$7,196	3.99%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA\|USDA\|VA)	1	$225,000	$225,000	$3,662	3.88%
CHARLESTON, WV (FHA\|USDA\|VA)	1	$225,000	$225,000	$3,524	4.63%
CASPER, WY (FHA\|USDA\|VA)	1	$205,000	$205,000	$5,515	4.00%
Greeneville, TN (FHA\|USDA\|VA)	1	$205,000	$205,000	$7,102	4.25%
KILLEEN-TEMPLE, TX (FHA\|USDA\|VA)	1	$205,000	$205,000	$3,119	3.25%
OWENSBORO, KY (FHA\|USDA\|VA)	1	$205,000	$205,000	$5,169	4.50%
ROCHESTER, MN (FHA\|USDA\|VA)	1	$185,000	$185,000	$5,651	4.50%
SCRANTON--WILKES-BARRE, PA (FHA\|USDA\|VA)	1	$185,000	$185,000	$4,151	3.50%
PANAMA CITY, FL (FHA\|USDA\|VA)	1	$165,000	$165,000	$3,180	4.88%
WORCESTER, MA-CT (FHA\|USDA\|VA)	1	$165,000	$165,000	$2,454	3.63%
EAST STROUDSBURG, PA (FHA\|USDA\|VA)	1	$155,000	$155,000	$3,661	4.25%
ROCHESTER, NY (FHA\|USDA\|VA)	1	$155,000	$155,000	$3,235	4.00%
FLINT, MI (FHA\|USDA\|VA)	1	$145,000	$145,000	$2,888	4.38%
Owatonna, MN (FHA\|USDA\|VA)	1	$145,000	$145,000	$2,918	3.25%
Sandusky, OH (FHA\|USDA\|VA)	1	$105,000	$105,000	$3,273	4.50%
CLEVELAND-ELYRIA, OH (FHA\|USDA\|VA)	1	$105,000	$105,000	$3,333	3.63%
CUMBERLAND, MD-WV (FHA\|USDA\|VA)	1	$55,000	$55,000	$2,802	3.99%

Presidential Bank Fsb's top markets include Washington, Baltimore, Richmond, Philadelphia, and California among others.

Their top states include:

Maryland (FHA|USDA|VA)

Virginia (FHA|USDA|VA)

Pennsylvania (FHA|USDA|VA)

District of Columbia (FHA|USDA|VA)

New Jersey (FHA|USDA|VA)

Similar Lenders

We use machine learning to identify the top lenders compared against Presidential Bank FSB based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

N C P D Federal Credit Union
Similarity Rank: 56

ABNB Federal Credit Union
Similarity Rank: 75

PATRIOT
Similarity Rank: 96

Schuyler Savings Bank
Similarity Rank: 104

FIDELITY SAVINGS AND LOAN ASSOCIATION OF BUCKS COUNTY
Similarity Rank: 122

Union County Savings Bank
Similarity Rank: 150

BEACH MUNICIPAL FEDERAL CREDIT UNION
Similarity Rank: 160

Prudential Bank
Similarity Rank: 162

DOMINION ENERGY CREDIT UNION
Similarity Rank: 165

POWER FINANCIAL
Similarity Rank: 188

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	2,566	$853,410,000	$332,584	$4,536	4.16%
VA	617	$244,945,000	$396,994	$6,247	3.71%
FHA	433	$102,315,000	$236,293	$7,817	4.07%
USDA	103	$23,655,000	$229,660	$6,148	3.92%

For 2019, Presidential Bank Fsb's most frequently originated type of loan was Conventional, with 2,566 originations. Their 2nd most popular type was VA, with 617 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	2,635	$814,225,000	$309,004	$5,639	4.12%
Refi	773	$295,845,000	$382,723	$4,128	3.85%
Cash Out Refi	309	$112,145,000	$362,929	$4,941	4.18%
Home Improvement	1	$1,825,000	$1,825,000	$0	4.88%
Other	1	$285,000	$285,000	$3,642	4.88%

For 2019, Presidential Bank Fsb's most frequently cited loan purpose was Home Purchase, with 2,635 originations. The 2nd most popular reason was Refi, with 773 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	3,498	$1,125,330,000	$321,707	$5,330	4.07%
15 Year	110	$29,550,000	$268,636	$3,823	3.66%
20 Year	49	$18,625,000	$380,102	$4,104	4.00%
Other	35	$23,095,000	$659,857	$5,229	4.33%
10 Year	22	$25,380,000	$1,153,636	$2,477	4.67%
1 Year	2	$380,000	$190,000	$0	6.25%
3 Year	2	$1,440,000	$720,000	$0	6.00%
30+ year	1	$525,000	$525,000	$10,618	5.50%

For 2019, Presidential Bank Fsb's most frequently cited loan duration was 30 Year, with 3,498 originations. The 2nd most popular length was 15 Year, with 110 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$1k-2k	2,525	$811,655,000	$321,448
$<1k	509	$155,915,000	$306,316
$2k-3k	222	$69,770,000	$314,279
$5k+	141	$69,305,000	$491,525
$3k-4k	98	$31,440,000	$320,816
$4k-5k	57	$20,435,000	$358,509

Presidential Bank Fsb's average total fees were $5,330, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,525 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
3-4%	2,050	$686,860,000	$335,054
4-5%	1,447	$441,215,000	$304,917
5-6%	156	$71,550,000	$458,654
2.5-3%	59	$22,335,000	$378,559
6-7%	6	$2,360,000	$393,333
<2.5%	1	$5,000	$5,000

During 2019, Presidential Bank Fsb's average interest rate for loans was 4.07%, while their most frequently originated rate bucket for loans was 3-4%, with 2,050 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	1,879	$543,205,000	$289,093	$5,176	4.02%
$400k-600k	825	$391,355,000	$474,370	$6,285	3.97%
$100k-200k	655	$102,995,000	$157,244	$4,332	4.20%
$100,000 or less	162	$6,340,000	$39,136	$1,310	4.41%
$600k-1MM	160	$110,930,000	$693,313	$7,422	4.13%
$1MM+	38	$69,500,000	$1,828,947	$9,834	4.68%

2019 saw Presidential Bank Fsb place emphasis on $200k-400k loans with 1,879 originations, totaling $543,205,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	920	$315,150,000	$342,554	$5,769	4.06%
$50k-75k	728	$159,270,000	$218,777	$4,883	4.10%
$150k-250k	705	$297,285,000	$421,681	$5,818	4.06%
$75k-100k	580	$162,320,000	$279,862	$5,156	4.07%
$50k or less	371	$53,765,000	$144,919	$4,263	4.16%
$250k+	231	$128,105,000	$554,567	$6,096	4.20%

Presidential Bank Fsb lent most frequently to those with incomes in the $100k-150k range, with 920 originations. The second most popular income band? $50k-75k, with 728 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	781	$271,725,000	$347,919	$5,085	4.02%
30-36%	735	$230,095,000	$313,054	$5,169	4.07%
<20%	205	$63,435,000	$309,439	$4,384	4.01%
44%	174	$45,970,000	$264,195	$5,641	4.21%
39%	159	$52,465,000	$329,969	$6,283	4.14%
43%	155	$44,205,000	$285,194	$5,309	4.13%
42%	149	$43,905,000	$294,664	$5,059	4.23%
40%	145	$44,245,000	$305,138	$5,623	4.22%
41%	143	$42,625,000	$298,077	$5,119	4.07%
36%	143	$42,625,000	$298,077	$5,106	4.16%
37%	136	$41,550,000	$305,515	$5,706	4.14%
38%	121	$39,495,000	$326,405	$5,139	4.19%
45%	120	$35,340,000	$294,500	$6,413	4.17%
47%	89	$28,145,000	$316,236	$6,413	4.03%
48%	87	$27,585,000	$317,069	$5,602	4.09%
46%	86	$27,710,000	$322,209	$5,466	4.03%
49%	80	$24,950,000	$311,875	$6,235	4.00%
50-60%	27	$9,825,000	$363,889	$7,532	4.00%

Presidential Bank Fsb lent most frequently to those with DTI ratios of 20-30%, with 781 originations. The next most common DTI ratio? 30-36%, with 735 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	2,634	$857,640,000	$325,604	$5,140	4.05%
Not provided	622	$206,320,000	$331,704	$5,638	4.07%
Black	282	$75,120,000	$266,383	$5,672	4.14%
Asian	145	$43,235,000	$298,172	$5,354	4.11%
Not applicable	21	$36,715,000	$1,748,333	$0	5.47%
Native Hawaiian or Islander	6	$2,580,000	$430,000	$6,002	3.94%
American Indian	7	$1,995,000	$285,000	$3,843	3.86%
Chinese	1	$515,000	$515,000	$3,423	3.99%
Other Pacific Islander	1	$205,000	$205,000	$4,298	4.63%

Approval Rates

Total approvals of all applications
95.05%

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 origination
91.56%

Presidential Bank Fsb has an average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
5946.46	1	$235,000	$235,000
NA	3,718	$1,224,090,000	$329,233

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Multifamily:Manufactured	8	$14,690,000	$1,836,250
Multifamily:Site-Built	9	$20,205,000	$2,245,000
Single Family (1-4 Units):Manufactured	3	$365,000	$121,667
Single Family (1-4 Units):Site-Built	3,699	$1,189,065,000	$321,456

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	75	$14,945,000	$199,267	$3,427	3.86%
40-60%	233	$85,595,000	$367,361	$3,926	4.05%
60-80%	884	$317,740,000	$359,434	$4,384	4.15%
80-100%	2,249	$737,385,000	$327,872	$5,589	4.05%
Over 100%	183	$67,295,000	$367,732	$9,981	3.83%
Under 20%	95	$1,365,000	$14,368	$359	4.30%

Complaints

Bank Name	Product	Issue	2019 CPFB Complaints	% of Total Issues
Pro Equity Partners, Inc.	Conventional home mortgage	Closing on a mortgage	1	100.0%

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
Presidential Bank, FSB	11640 Rockville Pike Rockville, MD 20852	Full Service B&M	$42,785
Presidential Bank, FSB	1515 Wilson Boulevard Arlington, VA 22209	Full Service B&M	$16,227
Presidential Bank, FSB	1660 K Street Washington, DC 20006	Full Service B&M	$37,152
Presidential Bank, FSB	1675 Reston Pkwy Reston, VA 20194	Full Service Retail	$12,608
Presidential Bank, FSB	1861 International Dr Ste 3 Mclean, VA 22102	Full Service B&M	$17,705
Presidential Bank, FSB	21 Catoctin Cir Se Leesburg, VA 20175	Full Service B&M	$13,633
Presidential Bank, FSB	4520 East-West Highway Bethesda, MD 20814	Full Service B&M	$63,349
Presidential Bank, FSB	4520 East-West Hwy Bethesda, MD 20814	Full Service Cyber Office	$243,500
Presidential Bank, FSB	6707 Old Dominion Drive Mclean, VA 22101	Full Service B&M	$20,510
Presidential Bank, FSB	901 N. Stuart Street Arlington, VA 22203	Full Service B&M	$10,102

For 2019, Presidential Bank Fsb had 10 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$27,156
Net interest income	$22,797
Total noninterest income	$25,613
Gross Fiduciary activities income	$4
Service charges on deposit accounts	$62
Trading account gains and fees	$0
Additional Noninterest Income	$25,547
Pre-tax net operating income	$6,463
Securities gains (or losses, -)	$0
Income before extraordinary items	$4,630
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$4,630
Minority interest net income	$4
Net income	$4,626
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$4,630

Presidential Bank Fsb's gross interest income from loans was $27,156,000.
Presidential Bank Fsb's net interest income from loans was $22,797,000.
Presidential Bank Fsb's fee based income from loans was $62,000.
Presidential Bank Fsb's net income from loans was $4,626,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$4,359
Provision for credit losses	$1,660
Total noninterest expense	$40,287
Salaries and employee benefits	$25,573
Premises and equipment expense	$4,097
Additional noninterest expense	$10,617
Applicable income taxes	$1,833
Net charge-offs	$245
Cash dividends	$1,250

Presidential Bank Fsb's interest expense for loans was $4,359,000.
Presidential Bank Fsb's payroll and benefits expense were $25,573,000.
Presidential Bank Fsb's property, plant and equipment expenses $4,097,000.

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	$541,940
Deposits held in domestic offices	$541,940
Deposits by Individuals, partnerships, and corporations	$541,490
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.	$450
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$150,536
Demand deposits	$3,263
Nontransaction accounts	$391,404
Money market deposit accounts (MMDAs)	$195,561
Other savings deposits (excluding MMDAs)	$99,691
Total time deposits	$96,152
Total time and savings deposits	$538,677
Noninterest-bearing deposits	$24,184
Interest-bearing deposits	$517,756
Retail deposits	$521,216
IRAs and Keogh plan accounts	$5,383
Brokered deposits	$0
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$617,208
Cash & Balances due from depository institutions	$45,647
Interest-bearing balances	$42,506
Total securities	$33,751
Federal funds sold & reverse repurchase	$0
Net loans and leases	$510,859
Loan and leases loss allowance	$6,157
Trading account assets	$0
Bank premises and fixed assets	$3,503
Other real estate owned	$0
Goodwill and other intangibles	$0
All other assets	$23,448

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$617,208
Total Liabilities	$551,702
Total deposits	$541,940
Interest-bearing deposits	$517,756
Deposits held in domestic offices	$541,940
% insured (estimated)	$83
Federal funds purchased and repurchase agreements	$0
Trading liabilities	$0
Other borrowed funds	$0
Subordinated debt	$0
All other liabilities	$9,762

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$510,859
Loan and leases loss allowance	$6,157
Total loans and leases (domestic)	$517,016
All real estate loans	$463,963
Real estate loans in domestic offices	$463,963
Construction and development loans	$48,594
Residential 1-4 family construction	$26,714
Other construction, all land development and other land	$21,880
Loans secured by nonfarm nonresidential properties	$155,882
Nonfarm nonresidential secured by owner-occupied properties	$5,933
Commercial real estate & other non-farm, non-residential	$149,949
Multifamily residential real estate	$45,421
1-4 family residential loans	$214,066
Farmland loans	$0
Loans held in foreign offices	$0
Farm loans	$0
Commercial and industrial loans	$29,148
To non-U.S. addressees	$0
Loans to individuals	$16,625
Credit card loans	$0
Related Plans	$389
Consumer Auto Loans	$0
Other loans to individuals	$16,236
All other loans & leases	$7,280
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	$5,702
Non 1-4 family restructured loans & leases	$2,828
Total loans and leases (foreign)	$0

Presidential Bank FSB had $510,859,000 of loans outstanding in 2019. $463,963,000 of loans were in real estate loans. $48,594,000 of loans were in development loans. $45,421,000 of loans were in multifamily mortgage loans. $214,066,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $0 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	48	$22,463	$467,979
Nonfarm, nonresidential loans - <$100k	1	$62	$62,000
Nonfarm, nonresidential loans - $100-250k	5	$791	$158,200
Nonfarm, nonresidential loans - $250k-1MM	42	$21,610	$514,524
Commercial & Industrial, US addressed loans - <$1MM	52	$15,436	$296,846
Commercial & Industrial, US addressed loans - <$100k	2	$149	$74,500
Commercial & Industrial, US addressed loans - $100-250k	12	$1,531	$127,583
Commercial & Industrial, US addressed loans - $250k-1MM	38	$13,756	$362,000