Severn Savings Bank Fsb Dba Severn Bank Mortgage Rates, Fees & Info

Annapolis, MD

LEI: 549300BSREUOP0WE2207

Tax ID: 52-0792362

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
  • Complaints
  • 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

    Severn Savings Bank Fsb Dba Severn Bank is a smaller bank specializing in Refi and Home Purchase loans. Severn Savings Bank Fsb Dba Severn Bank 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: Baltimore, Washington, Hagerstown, Salisbury, and California among others. We have data for 40 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Severn Savings Bank Fsb Dba Severn Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Severn Savings Bank Fsb Dba Severn Bank 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.

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    Originations

    1,090

    Origination Dollar Volume (All Markets)

    $394,390,000

    Employee count

    182 Show all (9) 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
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 498 $194,960,000 $391,486 $5,561 3.18%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 418 $152,720,000 $365,359 $6,614 3.06%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 56 $12,060,000 $215,357 $5,293 2.87%
    SALISBURY, MD-DE (FHA|USDA|VA) 25 $7,045,000 $281,800 $4,003 3.04%
    Outside of Metro Areas 17 $4,695,000 $276,176 $5,017 3.17%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 7 $3,325,000 $475,000 $5,608 3.14%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 13 $3,075,000 $236,538 $5,600 3.07%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 5 $1,955,000 $391,000 $5,493 2.68%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 4 $1,400,000 $350,000 $3,755 3.03%
    WINCHESTER, VA-WV (FHA|USDA|VA) 3 $1,135,000 $378,333 $5,334 2.96%
    Easton, MD (FHA|USDA|VA) 3 $1,085,000 $361,667 $4,184 2.79%
    GETTYSBURG, PA (FHA|USDA|VA) 3 $1,025,000 $341,667 $8,708 3.04%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $945,000 $315,000 $7,267 3.25%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $915,000 $915,000 $39,616 2.25%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 3 $705,000 $235,000 $4,547 2.88%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $500,000 $250,000 $4,033 2.69%
    LEBANON, PA (FHA|USDA|VA) 1 $495,000 $495,000 $5,765 4.13%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $465,000 $465,000 $4,203 2.63%
    JACKSONVILLE, FL (FHA|USDA|VA) 3 $435,000 $145,000 $3,893 3.04%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $435,000 $435,000 $3,154 2.25%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 2 $430,000 $215,000 $3,363 2.81%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $385,000 $385,000 $7,527 2.75%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $370,000 $185,000 $5,906 2.94%
    HARRISONBURG, VA (FHA|USDA|VA) 1 $355,000 $355,000 $3,240 2.50%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $325,000 $325,000 $3,569 3.13%
    Key West, FL (FHA|USDA|VA) 1 $315,000 $315,000 $0 4.25%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $305,000 $305,000 $4,543 3.38%
    RICHMOND, VA (FHA|USDA|VA) 1 $275,000 $275,000 $3,386 2.88%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $275,000 $275,000 $3,941 2.63%
    YORK-HANOVER, PA (FHA|USDA|VA) 2 $270,000 $135,000 $3,297 3.25%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $245,000 $245,000 $3,774 2.75%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $235,000 $235,000 $3,508 3.25%
    Lebanon, NH-VT (FHA|USDA|VA) 1 $235,000 $235,000 $3,255 2.88%
    RALEIGH-CARY, NC (FHA|USDA|VA) 1 $185,000 $185,000 $3,661 3.75%
    LANCASTER, PA (FHA|USDA|VA) 1 $185,000 $185,000 $3,752 3.25%
    BATON ROUGE, LA (FHA|USDA|VA) 1 $155,000 $155,000 $3,787 3.25%
    Cambridge, MD (FHA|USDA|VA) 1 $145,000 $145,000 $5,942 2.63%
    WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $115,000 $115,000 $7,107 2.50%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $115,000 $115,000 $3,198 2.75%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $95,000 $95,000 $2,842 3.13%
    Severn Savings Bank Fsb Dba Severn Bank's top markets include Baltimore, Washington, Hagerstown, Salisbury, and California among others.

    Their top states include:
  • Maryland (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • West Virginia (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Similar Lenders

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

    The Glen Burnie Mutual Savings Bank
    Similarity Rank: 271
    PATRIOT
    Similarity Rank: 289
    Huntingdon Valley Bank
    Similarity Rank: 640
    Hebron Savings Bank
    Similarity Rank: 680
    Poli Mortgage Group, Inc.
    Similarity Rank: 1100
    APL
    Similarity Rank: 1122
    FIRST FINANCIAL OF MARYLAND
    Similarity Rank: 1296
    ABERDEEN PROVING GROUND FEDERAL CREDIT UNION
    Similarity Rank: 1465
    POINT BREEZE
    Similarity Rank: 1506
    IDB Global Federal Credit Union
    Similarity Rank: 1782

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 857 $317,425,000 $370,391 $5,159 3.15%
    FHA 121 $33,035,000 $273,017 $8,633 3.04%
    VA 89 $38,475,000 $432,303 $8,989 2.69%
    USDA 23 $5,455,000 $237,174 $6,514 2.93%

    For 2020, Severn Savings Bank Fsb Dba Severn Bank's most frequently originated type of loan was Conventional, with 857 originations. Their 2nd most popular type was FHA, with 121 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 481 $159,145,000 $330,863 $4,341 2.91%
    Home Purchase 480 $197,940,000 $412,375 $7,977 3.26%
    Cash Out Refi 126 $36,830,000 $292,302 $4,203 3.18%
    Home Improvement 3 $475,000 $158,333 $3,463 3.96%

    For 2020, Severn Savings Bank Fsb Dba Severn Bank's most frequently cited loan purpose was Refi, with 481 originations. The 2nd most popular reason was Home Purchase, with 480 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 875 $297,245,000 $339,709 $5,780 3.07%
    15 Year 98 $31,580,000 $322,245 $3,866 2.53%
    30+ year 58 $49,740,000 $857,586 $12,588 4.23%
    20 Year 33 $9,375,000 $284,091 $3,599 2.81%
    Other 10 $2,480,000 $248,000 $4,638 4.33%
    1 Year 7 $1,625,000 $232,143 $0 4.64%
    10 Year 6 $1,560,000 $260,000 $4,203 3.10%
    5 Year 3 $785,000 $261,667 $0 4.08%

    For 2020, Severn Savings Bank Fsb Dba Severn Bank's most frequently cited loan duration was 30 Year, with 875 originations. The 2nd most popular length was 15 Year, with 98 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 789 $247,955,000 $314,265
    $2k-3k 87 $29,715,000 $341,552
    $5k+ 79 $69,875,000 $884,494
    $<1k 47 $15,755,000 $335,213
    $3k-4k 38 $14,110,000 $371,316
    $4k-5k 27 $11,785,000 $436,481

    Severn Savings Bank Fsb Dba Severn Bank's average total fees were $5,780, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 789 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 424 $158,350,000 $373,467
    2.5-3% 384 $130,850,000 $340,755
    <2.5% 203 $65,945,000 $324,852
    4-5% 63 $31,525,000 $500,397
    5-6% 16 $7,720,000 $482,500

    During 2020, Severn Savings Bank Fsb Dba Severn Bank's average interest rate for loans was 3.07%, while their most frequently originated rate bucket for loans was 3-4%, with 424 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 586 $172,180,000 $293,823 $5,215 3.03%
    $400k-600k 250 $119,470,000 $477,880 $6,154 3.07%
    $100k-200k 165 $26,435,000 $160,212 $4,028 3.16%
    $600k-1MM 54 $40,200,000 $744,444 $12,655 3.56%
    $1MM+ 19 $34,905,000 $1,837,105 $21,872 3.84%
    $100,000 or less 16 $1,200,000 $75,000 $3,318 3.20%

    2020 saw Severn Savings Bank Fsb Dba Severn Bank place emphasis on $200k-400k loans with 586 originations, totaling $172,180,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 228 $81,430,000 $357,149 $5,902 3.07%
    $150k-250k 221 $94,475,000 $427,489 $5,833 3.15%
    $50k-75k 202 $50,080,000 $247,921 $5,711 3.07%
    $75k-100k 174 $50,920,000 $292,644 $5,732 3.07%
    $50k or less 100 $27,840,000 $278,400 $5,182 2.79%
    $250k+ 95 $68,235,000 $718,263 $8,942 3.36%

    Severn Savings Bank Fsb Dba Severn Bank lent most frequently to those with incomes in the $100k-150k range, with 228 originations. The second most popular income band? $150k-250k, with 221 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 237 $88,945,000 $375,295 $5,195 3.02%
    30-36% 184 $62,870,000 $341,685 $5,303 3.09%
    <20% 98 $33,390,000 $340,714 $4,431 2.95%
    50-60% 50 $21,410,000 $428,200 $10,789 3.05%
    44% 44 $17,250,000 $392,045 $6,481 3.27%
    43% 39 $15,885,000 $407,308 $7,104 3.20%
    41% 36 $13,150,000 $365,278 $6,086 3.19%
    36% 35 $11,575,000 $330,714 $6,032 3.25%
    39% 35 $11,545,000 $329,857 $5,539 3.09%
    42% 34 $13,380,000 $393,529 $6,129 2.99%
    46% 33 $10,745,000 $325,606 $6,781 3.26%
    40% 33 $13,905,000 $421,364 $6,853 3.00%
    37% 28 $7,660,000 $273,571 $5,585 2.97%
    49% 28 $9,480,000 $338,571 $5,633 2.98%
    45% 26 $9,230,000 $355,000 $6,295 3.33%
    38% 25 $9,425,000 $377,000 $6,648 3.39%
    48% 24 $8,160,000 $340,000 $6,266 2.98%
    47% 18 $6,020,000 $334,444 $4,390 3.19%
    >60% 11 $6,295,000 $572,273 $12,924 3.72%

    Severn Savings Bank Fsb Dba Severn Bank lent most frequently to those with DTI ratios of 20-30%, with 237 originations. The next most common DTI ratio? 30-36%, with 184 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 689 $255,335,000 $370,588 $5,492 3.09%
    Not provided 296 $98,950,000 $334,291 $6,499 3.07%
    Black 50 $23,690,000 $473,800 $8,741 3.08%
    Asian 23 $8,255,000 $358,913 $5,593 3.03%
    Not applicable 19 $4,445,000 $233,947 $0 4.38%
    Asian Indian 5 $1,865,000 $373,000 $3,826 3.05%
    American Indian 6 $1,090,000 $181,667 $4,155 2.77%
    Other Asian 1 $435,000 $435,000 $3,722 2.50%
    Native Hawaiian or Islander 1 $325,000 $325,000 $4,006 2.25%

    Approval Rates

    Total approvals of all applications
    96.53%

    Severn Savings Bank Fsb Dba Severn Bank 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
    85.14%

    Severn Savings Bank Fsb Dba Severn Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,090 $394,390,000 $361,826

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 2 $480,000 $240,000
    Single Family (1-4 Units):Site-Built 1,088 $393,910,000 $362,050

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 47 $11,345,000 $241,383 $4,016 3.05%
    40-60% 138 $48,120,000 $348,696 $4,032 2.94%
    60-80% 363 $141,385,000 $389,490 $4,764 3.12%
    80-100% 508 $178,880,000 $352,126 $6,761 3.13%
    Over 100% 26 $13,510,000 $519,615 $18,907 2.94%
    Under 20% 5 $745,000 $149,000 $4,341 3.40%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    SPRINGLEAF FINANCE CORPORATION Other type of mortgage Trouble during payment process 1 14.3%
    SPRINGLEAF FINANCE CORPORATION Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 14.3%
    SPRINGLEAF FINANCE CORPORATION Conventional home mortgage Improper use of your report 1 14.3%
    SPRINGLEAF FINANCE CORPORATION Conventional home mortgage Incorrect information on your report 2 28.6%
    SPRINGLEAF FINANCE CORPORATION Conventional home mortgage Trouble during payment process 1 14.3%
    SPRINGLEAF FINANCE CORPORATION Home equity loan or line of credit (HELOC) Struggling to pay mortgage 1 14.3%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Severn Savings Bank, FSB Dba Severn Bank 1917 West Street Annapolis, MD 21401 Full Service B&M $178,457
    Severn Savings Bank, FSB Dba Severn Bank 200 Westgate Circle, Suite 200 Annapolis, MD 21401 Full Service B&M $242,300
    Severn Savings Bank, FSB Dba Severn Bank 2151 Defense Hwy Crofton, MD 21114 Full Service B&M $10,124
    Severn Savings Bank, FSB Dba Severn Bank 3083 Solomons Island Rd Edgewater, MD 21037 Full Service B&M $124,636
    Severn Savings Bank, FSB Dba Severn Bank 413 Crain Highway S.E. Glen Burnie, MD 21061 Full Service B&M $147,803
    Severn Savings Bank, FSB Dba Severn Bank 5401 Southern Maryland Blvd Lothian, MD 20711 Full Service B&M $13,531
    Severn Savings Bank, FSB Dba Severn Bank 589 Benfield Rd Severna Park, MD 21146 Full Service B&M $36,393

    For 2020, Severn Savings Bank Fsb Dba Severn Bank had 7 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $33,852
    Net interest income $28,052
    Total noninterest income $13,791
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $2,596
    Trading account gains and fees $0
    Additional Noninterest Income $11,195
    Pre-tax net operating income $9,788
    Securities gains (or losses, -) $0
    Income before extraordinary items $7,173
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $7,173
    Minority interest net income $0
    Net income $7,173
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $7,173

    Severn Savings Bank Fsb Dba Severn Bank's gross interest income from loans was $33,852,000.
    Severn Savings Bank Fsb Dba Severn Bank's net interest income from loans was $28,052,000.
    Severn Savings Bank Fsb Dba Severn Bank's fee based income from loans was $2,596,000.
    Severn Savings Bank Fsb Dba Severn Bank's net income from loans was $7,173,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $5,800
    Provision for credit losses $900
    Total noninterest expense $31,155
    Salaries and employee benefits $22,472
    Premises and equipment expense $1,084
    Additional noninterest expense $7,599
    Applicable income taxes $2,615
    Net charge-offs $-632
    Cash dividends $3,400

    Severn Savings Bank Fsb Dba Severn Bank's interest expense for loans was $5,800,000.
    Severn Savings Bank Fsb Dba Severn Bank's payroll and benefits expense were $22,472,000.
    Severn Savings Bank Fsb Dba Severn Bank's property, plant and equipment expenses $1,084,000.

    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 1.0%
    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 $811,930
    Deposits held in domestic offices $811,930
    Deposits by Individuals, partnerships, and corporations $808,087
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $3,175
    Deposits by Commercial banks and other depository institutions in U.S. $668
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $347,633
    Demand deposits $347,633
    Nontransaction accounts $464,297
    Money market deposit accounts (MMDAs) $183,728
    Other savings deposits (excluding MMDAs) $68,401
    Total time deposits $212,168
    Total time and savings deposits $464,297
    Noninterest-bearing deposits $250,394
    Interest-bearing deposits $561,537
    Retail deposits $788,860
    IRAs and Keogh plan accounts $40,492
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $949,911
    Cash & Balances due from depository institutions $160,199
    Interest-bearing balances $155,373
    Total securities $81,041
    Federal funds sold & reverse repurchase $0
    Net loans and leases $669,509
    Loan and leases loss allowance $8,632
    Trading account assets $0
    Bank premises and fixed assets $23,232
    Other real estate owned $1,010
    Goodwill and other intangibles $1,785
    All other assets $13,135

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $949,911
    Total Liabilities $827,329
    Total deposits $811,930
    Interest-bearing deposits $561,537
    Deposits held in domestic offices $811,930
    % insured (estimated) $69
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $12,356
    Subordinated debt $0
    All other liabilities $3,043

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $669,509
    Loan and leases loss allowance $8,632
    Total loans and leases (domestic) $678,141
    All real estate loans $614,492
    Real estate loans in domestic offices $614,492
    Construction and development loans $110,460
    Residential 1-4 family construction $64,273
    Other construction, all land development and other land $46,187
    Loans secured by nonfarm nonresidential properties $223,617
    Nonfarm nonresidential secured by owner-occupied properties $96,949
    Commercial real estate & other non-farm, non-residential $126,668
    Multifamily residential real estate $17,580
    1-4 family residential loans $260,553
    Farmland loans $2,282
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $59,826
    To non-U.S. addressees $60
    Loans to individuals $1,894
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $63
    Other loans to individuals $1,831
    All other loans & leases $1,930
    Loans to foreign governments and official institutions $0
    Other loans $1,530
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $6,409
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $6,362
    Non 1-4 family restructured loans & leases $615
    Total loans and leases (foreign) $0

    SEVERN SAVINGS BANK FSB DBA SEVERN BANK had $669,509,000 of loans outstanding in 2020. $614,492,000 of loans were in real estate loans. $110,460,000 of loans were in development loans. $17,580,000 of loans were in multifamily mortgage loans. $260,553,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $63,000 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 214 $63,617 $297,276
    Nonfarm, nonresidential loans - <$100k 18 $687 $38,167
    Nonfarm, nonresidential loans - $100-250k 60 $7,468 $124,467
    Nonfarm, nonresidential loans - $250k-1MM 136 $55,462 $407,809
    Commercial & Industrial, US addressed loans - <$1MM 524 $38,468 $73,412
    Commercial & Industrial, US addressed loans - <$100k 352 $9,546 $27,119
    Commercial & Industrial, US addressed loans - $100-250k 106 $10,258 $96,774
    Commercial & Industrial, US addressed loans - $250k-1MM 66 $18,664 $282,788
    Farmland loans - <$1MM 1 $166 $166,000
    Farmland loans - $100-250k 1 $166 $166,000