The Farmers National Bank Of Emlenton Mortgage Rates, Fees & Info
Emlenton, PALEI: 5493008P7IF5WNSI6V48
Tax ID: 25-0472020
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Bank Data
Review & Overview
The Farmers National Bank Of Emlenton is a smaller bank specializing in Refi and Home Purchase loans. The Farmers National Bank Of Emlenton has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Pittsburgh, St. Marys, Dubois, Oil City, and Youngstown among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)The Farmers National Bank Of Emlenton 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. The Farmers National Bank Of Emlenton 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.
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 | 6.25% | 4/21/24 |
| 30 Year Conventional Refi | 6.33% | 4/21/24 |
| 30 Year Cash-out Refi | 5.87% | 4/21/24 |
| 30 Year USDA Purchase | 7.62% | 4/21/24 |
| 15 Year Conventional Purchase | 6.12% | 4/21/24 |
| 15 Year Conventional Refi | 5.46% | 4/21/24 |
| 15 Year Cash-out Refi | 5.46% | 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. | ||
The Farmers National Bank Of Emlenton Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from The Farmers National Bank Of Emlenton. 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
456Origination Dollar Volume (All Markets)
$118,020,000Employee count
148Awards
The Farmers National Bank of Emlenton - 2021
The Farmers National Bank of Emlenton is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
Work for The Farmers National Bank of Emlenton?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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) | 186 | $84,410,000 | $453,817 | $4,840 | 3.34% |
| Outside of Metro Areas | 122 | $15,190,000 | $124,508 | $2,082 | 3.19% |
| St. Marys, PA (FHA|USDA|VA) | 43 | $5,735,000 | $133,372 | $2,400 | 3.14% |
| DuBois, PA (FHA|USDA|VA) | 25 | $3,705,000 | $148,200 | $2,301 | 3.30% |
| Oil City, PA (FHA|USDA|VA) | 40 | $3,530,000 | $88,250 | $1,271 | 3.29% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 8 | $1,210,000 | $151,250 | $3,028 | 3.27% |
| Indiana, PA (FHA|USDA|VA) | 8 | $1,000,000 | $125,000 | $2,777 | 3.20% |
| Meadville, PA (FHA|USDA|VA) | 11 | $885,000 | $80,455 | $1,006 | 3.69% |
| Key West, FL (FHA|USDA|VA) | 1 | $785,000 | $785,000 | $4,419 | 3.50% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $2,849 | 2.75% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,361 | 3.00% |
| Bradford, PA (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $3,034 | 2.38% |
| New Castle, PA (FHA|USDA|VA) | 3 | $195,000 | $65,000 | $1,441 | 3.33% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 3.74% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.25% |
| WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $932 | 3.49% |
| ALTOONA, PA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $672 | 2.99% |
| ERIE, PA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $326 | 3.24% |
Similar Lenders
We use machine learning to identify the top lenders compared against The Farmers National Bank of Emlenton based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 208
Similarity Rank: 405
Similarity Rank: 414
Similarity Rank: 524
Similarity Rank: 584
Similarity Rank: 639
Similarity Rank: 928
Similarity Rank: 1120
Similarity Rank: 1260
Similarity Rank: 1450
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 449 | $117,515,000 | $261,726 | $3,033 | 3.28% |
| USDA | 7 | $505,000 | $72,143 | $3,237 | 3.14% |
For 2021, The Farmers National Bank Of Emlenton's most frequently originated type of loan was Conventional, with 449 originations. Their 2nd most popular type was USDA, with 7 originations.
Loan Reason
For 2021, The Farmers National Bank Of Emlenton's most frequently cited loan purpose was Refi, with 194 originations. The 2nd most popular reason was Home Purchase, with 158 originations.
Loan Duration/Length
For 2021, The Farmers National Bank Of Emlenton's most frequently cited loan duration was 30 Year, with 106 originations. The 2nd most popular length was 15 Year, with 103 originations.
Origination Fees/Closing Costs
The Farmers National Bank Of Emlenton's average total fees were $3,398, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 345 originations.
Interest Rates
During 2021, The Farmers National Bank Of Emlenton's average interest rate for loans was 3.11%, while their most frequently originated rate bucket for loans was 3-4%, with 224 originations.
Loan Sizing
2021 saw The Farmers National Bank Of Emlenton place emphasis on $100,000 or less loans with 179 originations, totaling $10,695,000 in origination value.
Applicant Income
The Farmers National Bank Of Emlenton lent most frequently to those with incomes in the $50k-75k range, with 89 originations. The second most popular income band? $75k-100k, with 85 originations.
Applicant Debt to Income Ratio
The Farmers National Bank Of Emlenton lent most frequently to those with DTI ratios of 20-30%, with 135 originations. The next most common DTI ratio? <20%, with 84 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications85.96%
The Farmers National Bank Of Emlenton has an average approval rate.
Pick Rate
Approvals leading to origination83.33%
The Farmers National Bank Of Emlenton has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 456 | $118,020,000 | $258,816 |
LTV Distribution
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| The Farmers National Bank of Emlenton | 10 North Michael Street Saint Marys, PA 15857 | Full Service B&M | $27,357 |
| The Farmers National Bank of Emlenton | 101 Sykes Street Sykesville, PA 15865 | Full Service B&M | $20,672 |
| The Farmers National Bank of Emlenton | 102 Indiana Street Punxsutawney, PA 15767 | Full Service B&M | $20,213 |
| The Farmers National Bank of Emlenton | 1101 North Main Street Butler, PA 16001 | Full Service B&M | $116,233 |
| The Farmers National Bank of Emlenton | 127 West Spring Street Titusville, PA 16354 | Full Service B&M | $110,537 |
| The Farmers National Bank of Emlenton | 1319 West Main Street Grove City, PA 16127 | Full Service B&M | $77,776 |
| The Farmers National Bank of Emlenton | 173 Main Street Ridgway, PA 15853 | Full Service B&M | $25,688 |
| The Farmers National Bank of Emlenton | 1812 East Carson Street Pittsburgh, PA 15203 | Full Service B&M | $28,747 |
| The Farmers National Bank of Emlenton | 20581 Route 19 Cranberry Township, PA 16066 | Full Service B&M | $51,643 |
| The Farmers National Bank of Emlenton | 263 Main Street Brookville, PA 15825 | Full Service B&M | $41,586 |
| The Farmers National Bank of Emlenton | 319 Freeport Road Aspinwall, PA 15215 | Full Service B&M | $22,491 |
| The Farmers National Bank of Emlenton | 433 Kellys Way East Brady, PA 16028 | Full Service B&M | $27,580 |
| The Farmers National Bank of Emlenton | 444 Main Street Reynoldsville, PA 15851 | Full Service B&M | $38,391 |
| The Farmers National Bank of Emlenton | 612 Main Street Emlenton, PA 16373 | Full Service B&M | $68,164 |
| The Farmers National Bank of Emlenton | 7001 Route 322 Cranberry, PA 16319 | Full Service B&M | $37,867 |
| The Farmers National Bank of Emlenton | 861 Beaver Drive Du Bois, PA 15801 | Full Service B&M | $63,919 |
| The Farmers National Bank of Emlenton | Highways 38 And 58 Eau Claire, PA 16030 | Full Service B&M | $27,862 |
| The Farmers National Bank of Emlenton | Route 338 South Knox, PA 16232 | Full Service Retail | $49,358 |
| The Farmers National Bank of Emlenton | Sixth And Wood Streets Clarion, PA 16214 | Full Service B&M | $103,293 |
For 2021, The Farmers National Bank Of Emlenton had 19 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $36,581 |
| Net interest income | $31,545 |
| Total noninterest income | $4,359 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $1,396 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $2,963 |
| Pre-tax net operating income | $12,972 |
| Securities gains (or losses, -) | $236 |
| Income before extraordinary items | $10,822 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $10,822 |
| Minority interest net income | $0 |
| Net income | $10,822 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $10,628 |
The Farmers National Bank Of Emlenton's gross interest income from loans was $36,581,000.
The Farmers National Bank Of Emlenton's net interest income from loans was $31,545,000.
The Farmers National Bank Of Emlenton's fee based income from loans was $1,396,000.
The Farmers National Bank Of Emlenton's net income from loans was $10,822,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $5,036 |
| Provision for credit losses | $1,066 |
| Total noninterest expense | $21,866 |
| Salaries and employee benefits | $10,418 |
| Premises and equipment expense | $3,168 |
| Additional noninterest expense | $8,280 |
| Applicable income taxes | $2,386 |
| Net charge-offs | $253 |
| Cash dividends | $3,612 |
The Farmers National Bank Of Emlenton's interest expense for loans was $5,036,000.
The Farmers National Bank Of Emlenton's payroll and benefits expense were $10,418,000.
The Farmers National Bank Of Emlenton's property, plant and equipment expenses $3,168,000.
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 | $918,568 |
| Deposits held in domestic offices | $918,568 |
| Deposits by Individuals, partnerships, and corporations | $711,332 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $207,218 |
| Deposits by Commercial banks and other depository institutions in U.S. | $19 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $95,604 |
| Demand deposits | $95,604 |
| Nontransaction accounts | $822,965 |
| Money market deposit accounts (MMDAs) | $297,055 |
| Other savings deposits (excluding MMDAs) | $375,253 |
| Total time deposits | $150,656 |
| Total time and savings deposits | $822,965 |
| Noninterest-bearing deposits | $222,065 |
| Interest-bearing deposits | $696,503 |
| Retail deposits | $876,362 |
| IRAs and Keogh plan accounts | $26,032 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $1,054,178 |
| Cash & Balances due from depository institutions | $11,564 |
| Interest-bearing balances | $3,787 |
| Total securities | $186,275 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $780,479 |
| Loan and leases loss allowance | $10,393 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $17,963 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $15,382 |
| All other assets | $42,515 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $1,054,178 |
| Total Liabilities | $960,529 |
| Total deposits | $918,568 |
| Interest-bearing deposits | $696,503 |
| Deposits held in domestic offices | $918,568 |
| % insured (estimated) | $72 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $20,000 |
| Subordinated debt | $0 |
| All other liabilities | $21,961 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $780,479 |
| Loan and leases loss allowance | $10,393 |
| Total loans and leases (domestic) | $790,872 |
| All real estate loans | $685,543 |
| Real estate loans in domestic offices | $685,543 |
| Construction and development loans | $56,360 |
| Residential 1-4 family construction | $14,480 |
| Other construction, all land development and other land | $41,880 |
| Loans secured by nonfarm nonresidential properties | $207,863 |
| Nonfarm nonresidential secured by owner-occupied properties | $40,319 |
| Commercial real estate & other non-farm, non-residential | $167,544 |
| Multifamily residential real estate | $29,312 |
| 1-4 family residential loans | $391,060 |
| Farmland loans | $948 |
| Loans held in foreign offices | $0 |
| Farm loans | $777 |
| Commercial and industrial loans | $35,294 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $48,494 |
| Credit card loans | $0 |
| Related Plans | $1,269 |
| Consumer Auto Loans | $34,246 |
| Other loans to individuals | $12,979 |
| All other loans & leases | $20,764 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $8,439 |
| 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 | $0 |
| Non 1-4 family restructured loans & leases | $0 |
| Total loans and leases (foreign) | $0 |
The Farmers National Bank of Emlenton had $780,479,000 of loans outstanding in 2021. $685,543,000 of loans were in real estate loans. $56,360,000 of loans were in development loans. $29,312,000 of loans were in multifamily mortgage loans. $391,060,000 of loans were in 1-4 family mortgage loans. $777,000 of loans were in farm loans. $0 of loans were in credit card loans. $34,246,000 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 | 357 | $63,234 | $177,126 |
| Nonfarm, nonresidential loans - <$100k | 115 | $4,977 | $43,278 |
| Nonfarm, nonresidential loans - $100-250k | 108 | $12,204 | $113,000 |
| Nonfarm, nonresidential loans - $250k-1MM | 134 | $46,053 | $343,679 |
| Commercial & Industrial, US addressed loans - <$1MM | 372 | $23,137 | $62,196 |
| Commercial & Industrial, US addressed loans - <$100k | 259 | $6,674 | $25,768 |
| Commercial & Industrial, US addressed loans - $100-250k | 72 | $5,553 | $77,125 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 41 | $10,910 | $266,098 |
| Farmland loans - <$1MM | 9 | $948 | $105,333 |
| Farmland loans - <$100k | 4 | $53 | $13,250 |
| Farmland loans - $100-250k | 3 | $324 | $108,000 |
| Farmland loans - $250k-1MM | 2 | $571 | $285,500 |
| Agriculture operations loans - <$1MM | 7 | $777 | $111,000 |
| Agriculture operations loans - <$100k | 3 | $60 | $20,000 |
| Agriculture operations loans - $100-250k | 2 | $115 | $57,500 |
| Agriculture operations loans - $250k-1MM | 2 | $602 | $301,000 |