Howard Bank Mortgage Rates, Fees & Info
Baltimore, MDLEI: 549300FRCDZ60TVZUA57
Tax ID: 20-0558805
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Review & Overview
Howard Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Howard 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, New York, Philadelphia, and Salisbury among others. We have data for 295 markets. (Some data included below & more in-depth data is available with an active subscription.)Howard Bank 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. Howard 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
2,767Origination Dollar Volume (All Markets)
$710,745,000Employee count
331Awards
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Howard Bank - 2018
Howard Bank is a 2018 , due to their low .
For 2018, less than of lenders were eligible for this award.
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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) | 1,192 | $320,090,000 | $268,532 | $6,120 | 4.49% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 423 | $173,005,000 | $408,995 | $6,833 | 4.45% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 61 | $16,345,000 | $267,951 | $7,550 | 4.66% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 45 | $11,015,000 | $244,778 | $5,579 | 4.48% |
| Outside of Metro Areas | 70 | $8,980,000 | $128,286 | $5,551 | 4.68% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 29 | $7,775,000 | $268,103 | $4,073 | 4.31% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 36 | $7,360,000 | $204,444 | $5,233 | 4.25% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 25 | $6,705,000 | $268,200 | $5,029 | 4.37% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 18 | $6,100,000 | $338,889 | $7,393 | 4.65% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 26 | $5,330,000 | $205,000 | $4,751 | 4.45% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 33 | $5,315,000 | $161,061 | $6,056 | 4.75% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 25 | $5,155,000 | $206,200 | $5,497 | 4.45% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 31 | $5,005,000 | $161,452 | $5,310 | 4.87% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 14 | $4,140,000 | $295,714 | $7,937 | 4.29% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 13 | $3,855,000 | $296,538 | $8,315 | 4.20% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 11 | $3,165,000 | $287,727 | $5,530 | 4.50% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 12 | $3,130,000 | $260,833 | $5,923 | 4.94% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 19 | $3,115,000 | $163,947 | $6,172 | 4.70% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 14 | $3,020,000 | $215,714 | $5,036 | 4.71% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 18 | $2,950,000 | $163,889 | $7,614 | 4.55% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 15 | $2,185,000 | $145,667 | $5,315 | 4.58% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 14 | $2,170,000 | $155,000 | $6,164 | 4.64% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 15 | $2,145,000 | $143,000 | $4,998 | 4.96% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 11 | $2,115,000 | $192,273 | $7,139 | 4.80% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 9 | $2,105,000 | $233,889 | $8,795 | 4.28% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 12 | $2,100,000 | $175,000 | $5,751 | 4.80% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 10 | $2,090,000 | $209,000 | $8,425 | 4.60% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 3 | $2,045,000 | $681,667 | $18,071 | 4.17% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 9 | $1,945,000 | $216,111 | $7,527 | 4.29% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 8 | $1,940,000 | $242,500 | $6,453 | 4.47% |
| Easton, MD (FHA|USDA|VA) | 5 | $1,895,000 | $379,000 | $4,193 | 4.28% |
| DOVER, DE (FHA|USDA|VA) | 8 | $1,840,000 | $230,000 | $6,239 | 4.56% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 7 | $1,815,000 | $259,286 | $6,920 | 4.59% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 5 | $1,735,000 | $347,000 | $8,350 | 4.38% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 7 | $1,625,000 | $232,143 | $7,020 | 4.71% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 5 | $1,595,000 | $319,000 | $6,284 | 4.85% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 7 | $1,305,000 | $186,429 | $6,417 | 4.54% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 4 | $1,210,000 | $302,500 | $11,730 | 4.53% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 6 | $1,200,000 | $200,000 | $9,186 | 4.60% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 7 | $1,185,000 | $169,286 | $7,513 | 4.32% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 3 | $1,165,000 | $388,333 | $11,479 | 4.50% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 5 | $1,135,000 | $227,000 | $8,193 | 4.38% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 3 | $1,125,000 | $375,000 | $13,720 | 4.21% |
| GETTYSBURG, PA (FHA|USDA|VA) | 5 | $1,125,000 | $225,000 | $4,668 | 4.40% |
| ROANOKE, VA (FHA|USDA|VA) | 3 | $1,085,000 | $361,667 | $7,989 | 4.29% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 3 | $1,045,000 | $348,333 | $9,715 | 4.25% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 7 | $995,000 | $142,143 | $6,066 | 4.46% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $7,169 | 4.58% |
| KNOXVILLE, TN (FHA|USDA|VA) | 4 | $920,000 | $230,000 | $4,553 | 4.34% |
| RENO, NV (FHA|USDA|VA) | 3 | $915,000 | $305,000 | $13,222 | 4.21% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 5 | $915,000 | $183,000 | $4,868 | 4.68% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 5 | $915,000 | $183,000 | $6,604 | 4.60% |
| BATON ROUGE, LA (FHA|USDA|VA) | 6 | $870,000 | $145,000 | $7,318 | 4.83% |
| Hilo, HI (FHA|USDA|VA) | 4 | $870,000 | $217,500 | $5,168 | 4.59% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 4 | $870,000 | $217,500 | $8,353 | 4.56% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 6 | $860,000 | $143,333 | $4,488 | 4.44% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 5 | $835,000 | $167,000 | $8,219 | 4.88% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 5 | $835,000 | $167,000 | $5,908 | 5.08% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 8 | $830,000 | $103,750 | $6,523 | 4.78% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 6 | $820,000 | $136,667 | $6,510 | 4.50% |
| PROVO-OREM, UT (FHA|USDA|VA) | 4 | $820,000 | $205,000 | $7,523 | 4.75% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 3 | $765,000 | $255,000 | $3,887 | 5.38% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $0 | 4.38% |
| PITTSBURGH, PA (FHA|USDA|VA) | 9 | $765,000 | $85,000 | $5,073 | 4.65% |
| BOISE CITY, ID (FHA|USDA|VA) | 6 | $740,000 | $123,333 | $5,144 | 4.88% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 7 | $705,000 | $100,714 | $5,074 | 4.63% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $20,340 | 5.25% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 4 | $660,000 | $165,000 | $6,640 | 4.22% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 7 | $655,000 | $93,571 | $3,825 | 4.71% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 5 | $645,000 | $129,000 | $5,593 | 4.55% |
| VALLEJO, CA (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $7,477 | 4.94% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $4,029 | 4.54% |
| ANCHORAGE, AK (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $6,073 | 4.13% |
| Vineyard Haven, MA (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $0 | 4.13% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $5,082 | 4.33% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 5 | $565,000 | $113,000 | $5,701 | 4.85% |
| WILMINGTON, NC (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $4,433 | 4.67% |
| LOUISVILLE, KY (FHA|USDA|VA) | 5 | $545,000 | $109,000 | $6,524 | 4.85% |
| TULSA, OK (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $5,404 | 4.71% |
| APPLETON, WI (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $1,223 | 4.25% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 4 | $530,000 | $132,500 | $6,541 | 4.44% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 4 | $520,000 | $130,000 | $7,216 | 4.47% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $7,005 | 4.58% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 5 | $515,000 | $103,000 | $5,833 | 5.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 5 | $505,000 | $101,000 | $5,107 | 4.78% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $22,503 | 4.50% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $5,712 | 5.00% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $13,592 | 4.25% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $5,660 | 4.88% |
| RICHMOND, VA (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $3,778 | 4.83% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 5 | $465,000 | $93,000 | $5,158 | 4.78% |
| Prineville, OR (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $6,208 | 4.63% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $6,568 | 4.08% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 4 | $440,000 | $110,000 | $3,539 | 5.25% |
| Key West, FL (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $12,265 | 4.13% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $7,877 | 4.75% |
| OCALA, FL (FHA|USDA|VA) | 5 | $425,000 | $85,000 | $5,130 | 4.68% |
| SYRACUSE, NY (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $6,045 | 4.63% |
| ASHEVILLE, NC (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $4,512 | 4.56% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $3,795 | 4.00% |
| LAFAYETTE, LA (FHA|USDA|VA) | 4 | $410,000 | $102,500 | $6,014 | 4.63% |
| SALEM, OR (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $8,149 | 3.81% |
| LYNCHBURG, VA (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $3,365 | 5.00% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $4,486 | 4.38% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 3 | $375,000 | $125,000 | $3,673 | 4.67% |
| GREAT FALLS, MT (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $4,262 | 4.50% |
| LANCASTER, PA (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $5,812 | 4.44% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $7,121 | 5.13% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $6,461 | 4.69% |
| Jefferson, GA (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $6,735 | 4.75% |
| ERIE, PA (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $4,196 | 5.42% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $7,571 | 4.06% |
| MORGANTOWN, WV (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $5,181 | 4.88% |
| WILLIAMSPORT, PA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $4,337 | 4.88% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $4,538 | 4.13% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $9,221 | 4.25% |
| Tahlequah, OK (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $7,544 | 4.94% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $8,636 | 4.94% |
| Traverse City, MI (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $4,612 | 4.75% |
| Pahrump, NV (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $6,756 | 4.50% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $6,115 | 5.04% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $3,315 | 4.44% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $9,085 | 4.19% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $11,498 | 3.75% |
| Kearney, NE (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $13,122 | 4.38% |
| SPARTANBURG, SC (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $6,439 | 4.13% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $5,309 | 4.25% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $4,413 | 4.63% |
| LOGAN, UT-ID (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $9,052 | 4.00% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,870 | 5.13% |
| COLUMBIA, SC (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $7,483 | 4.88% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 3 | $265,000 | $88,333 | $4,163 | 4.67% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,839 | 3.75% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $5,120 | 4.13% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $8,170 | 5.00% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $4,706 | 3.94% |
| Albertville, AL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,260 | 4.00% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $7,830 | 4.88% |
| Berlin, NH (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,491 | 5.25% |
| ROCHESTER, NY (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $5,097 | 4.50% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $4,985 | 5.00% |
| PITTSFIELD, MA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,249 | 4.25% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $5,512 | 4.19% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $4,233 | 5.06% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 3 | $235,000 | $78,333 | $4,282 | 5.50% |
| Los Alamos, NM (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 4.00% |
| Clarksburg, WV (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $10,008 | 4.00% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $6,083 | 4.69% |
| READING, PA (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $6,994 | 4.56% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $5,941 | 4.19% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,829 | 3.63% |
| FLORENCE, SC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,017 | 4.75% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 3 | $225,000 | $75,000 | $4,624 | 4.79% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 4.88% |
| MONTGOMERY, AL (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $4,806 | 5.19% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $4,053 | 5.44% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $9,355 | 4.38% |
| Lock Haven, PA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,190 | 4.50% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $12,659 | 5.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $11,102 | 4.25% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $9,973 | 4.25% |
| Hudson, NY (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $8,214 | 4.38% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,901 | 4.13% |
| JACKSON, MS (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $5,155 | 4.25% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,975 | 3.75% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,032 | 4.00% |
| Cambridge, MD (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,764 | 4.00% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,926 | 5.50% |
| Wooster, OH (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $1,279 | 4.13% |
| CARSON CITY, NV (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,882 | 4.25% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $5,732 | 5.25% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $4,489 | 4.94% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $4,880 | 5.19% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $4,117 | 4.56% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $5,798 | 4.13% |
| LEBANON, PA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $8,004 | 4.25% |
| Helena, MT (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,053 | 5.13% |
| Minot, ND (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,632 | 4.88% |
| Wilson, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,688 | 4.75% |
| ENID, OK (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,690 | 4.50% |
| Lewisburg, TN (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $4,995 | 4.56% |
| CHICO, CA (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $5,149 | 5.13% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $4,146 | 4.75% |
| MOBILE, AL (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $4,931 | 5.06% |
| VISALIA, CA (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $5,812 | 4.13% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $4,389 | 4.44% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,990 | 4.88% |
| JONESBORO, AR (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,278 | 4.50% |
| Norwalk, OH (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $8,512 | 3.88% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,059 | 5.00% |
| Marshalltown, IA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $10,046 | 4.63% |
| YUMA, AZ (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $5,255 | 4.00% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $1,888 | 4.38% |
| LAS CRUCES, NM (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $8,595 | 4.63% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,691 | 4.38% |
| FLINT, MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,904 | 4.63% |
| Meadville, PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,814 | 4.75% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,657 | 4.88% |
| Rockingham, NC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $6,828 | 4.50% |
| Fairmont, MN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,969 | 5.25% |
| BILLINGS, MT (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,208 | 4.63% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,772 | 5.00% |
| Salem, OH (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,168 | 4.75% |
| FORT WAYNE, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,572 | 5.25% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,571 | 4.63% |
| KINGSTON, NY (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $7,448 | 4.25% |
| CLEVELAND, TN (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $3,347 | 4.81% |
| Cambridge, OH (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $4,210 | 5.13% |
| BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $3,497 | 4.88% |
| AKRON, OH (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $4,414 | 5.31% |
| CASPER, WY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,751 | 5.25% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,262 | 4.63% |
| Campbellsville, KY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,932 | 4.38% |
| Payson, AZ (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,435 | 5.25% |
| Pierre, SD (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,091 | 4.75% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,521 | 5.88% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,030 | 4.50% |
| Seneca, SC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,009 | 5.38% |
| Shelbyville, TN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,213 | 5.38% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $8,020 | 4.63% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,032 | 5.38% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,492 | 5.63% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,001 | 4.88% |
| UTICA-ROME, NY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $7,329 | 5.13% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,950 | 4.88% |
| WHEELING, WV-OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,409 | 5.38% |
| Coos Bay, OR (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,738 | 5.75% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,647 | 5.38% |
| CUMBERLAND, MD-WV (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,453 | 5.38% |
| Alexander City, AL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,926 | 4.88% |
| GRAND ISLAND, NE (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 3.88% |
| Paducah, KY-IL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $6,015 | 4.50% |
| Bluefield, WV-VA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,332 | 5.50% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,852 | 4.88% |
| FARGO, ND-MN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $6,398 | 4.25% |
| Riverton, WY (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,214 | 4.50% |
| Amsterdam, NY (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,489 | 4.63% |
| Huntingdon, PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,258 | 4.75% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,308 | 5.25% |
| DALTON, GA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,152 | 4.00% |
| Hutchinson, KS (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,207 | 4.75% |
| VALDOSTA, GA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,440 | 5.75% |
| DECATUR, AL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,151 | 5.13% |
| GREENVILLE, NC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,995 | 4.75% |
| DeRidder, LA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,524 | 5.75% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,115 | 5.13% |
| London, KY (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,467 | 4.75% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,586 | 5.50% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,003 | 4.38% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,099 | 4.63% |
| Scottsboro, AL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,067 | 5.63% |
| Winnemucca, NV (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,657 | 4.75% |
| Winona, MN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,878 | 5.63% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $5,115 | 5.25% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,392 | 4.50% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,270 | 4.50% |
| PARKERSBURG-VIENNA, WV (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,599 | 4.63% |
| Newport, TN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $5,275 | 4.75% |
| Fairmont, WV (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $5,928 | 4.63% |
| WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $5,114 | 4.13% |
| Rexburg, ID (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,835 | 4.50% |
| Shelton, WA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,193 | 5.25% |
| FARMINGTON, NM (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,659 | 5.50% |
| STAUNTON, VA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,816 | 4.63% |
| Alamogordo, NM (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,427 | 5.13% |
| HAMMOND, LA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,630 | 4.00% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.75% |
| Defiance, OH (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,067 | 4.75% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,242 | 5.25% |
| Marion, NC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $5,087 | 4.25% |
| Farmington, MO (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,963 | 4.50% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,866 | 4.38% |
| Gloversville, NY (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,050 | 5.25% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,956 | 4.38% |
| BANGOR, ME (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.88% |
| Ruidoso, NM (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,694 | 4.88% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,467 | 4.88% |
| MANKATO, MN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.88% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,818 | 4.88% |
| Tiffin, OH (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,422 | 5.38% |
| Hobbs, NM (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $5,563 | 4.25% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,311 | 4.75% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $4,309 | 4.75% |
| JOHNSTOWN, PA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $5,706 | 4.88% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.25% |
| Oneonta, NY (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $4,542 | 4.75% |
| CHARLESTON, WV (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $4,469 | 5.00% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $4,026 | 5.13% |
| MONROE, LA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $4,288 | 4.63% |
| Madisonville, KY (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,630 | 4.75% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $4,207 | 5.25% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $4,599 | 5.38% |
| Fergus Falls, MN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $4,112 | 4.63% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 3.88% |
| LaGrange, GA-AL (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $3,847 | 4.88% |
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Product Mix
For 2018, Howard Bank's most frequently originated type of loan was Conventional, with 1,616 originations. Their 2nd most popular type was FHA, with 773 originations.
Loan Reason
For 2018, Howard Bank's most frequently cited loan purpose was Home Purchase, with 1,614 originations. The 2nd most popular reason was Cash Out Refi, with 595 originations.
Loan Duration/Length
For 2018, Howard Bank's most frequently cited loan duration was 30 Year, with 2,499 originations. The 2nd most popular length was 15 Year, with 156 originations.
Origination Fees/Closing Costs
Howard Bank's average total fees were $6,320, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,619 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 1,929 | $517,195,000 | $268,116 |
| 3-4% | 460 | $128,670,000 | $279,717 |
| 5-6% | 355 | $61,025,000 | $171,901 |
| 6-7% | 22 | $3,830,000 | $174,091 |
| 7-8% | 1 | $25,000 | $25,000 |
During 2018, Howard Bank's average interest rate for loans was 4.56%, while their most frequently originated rate bucket for loans was 4-5%, with 1,929 originations.
Loan Sizing
2018 saw Howard Bank place emphasis on $200k-400k loans with 1,065 originations, totaling $297,265,000 in origination value.
Applicant Income
Howard Bank lent most frequently to those with incomes in the $50k-75k range, with 664 originations. The second most popular income band? $50k or less, with 606 originations.
Applicant Debt to Income Ratio
Howard Bank lent most frequently to those with DTI ratios of 20-30%, with 481 originations. The next most common DTI ratio? 30-36%, with 458 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications83.93%
Howard Bank has a below average approval rate.
Pick Rate
Approvals leading to origination68.41%
Howard Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 10476.22 | 1 | $235,000 | $235,000 |
| 11888.91 | 1 | $765,000 | $765,000 |
| 12004.93 | 1 | $825,000 | $825,000 |
| 12991.09 | 1 | $255,000 | $255,000 |
| 13348.65 | 1 | $465,000 | $465,000 |
| 14141.8 | 1 | $245,000 | $245,000 |
| 16043.81 | 1 | $585,000 | $585,000 |
| 18590.51 | 1 | $595,000 | $595,000 |
| 2629.04 | 1 | $225,000 | $225,000 |
| 2867.55 | 1 | $55,000 | $55,000 |
| 2936.99 | 1 | $235,000 | $235,000 |
| 2979.29 | 1 | $55,000 | $55,000 |
| 3040.65 | 1 | $255,000 | $255,000 |
| 3052.55 | 1 | $65,000 | $65,000 |
| 3125.95 | 1 | $175,000 | $175,000 |
| 3445.94 | 1 | $55,000 | $55,000 |
| 3456.95 | 1 | $65,000 | $65,000 |
| 3458.54 | 1 | $75,000 | $75,000 |
| 3468.12 | 1 | $195,000 | $195,000 |
| 3558.36 | 1 | $55,000 | $55,000 |
| 3606.05 | 1 | $305,000 | $305,000 |
| 3608.12 | 1 | $75,000 | $75,000 |
| 3694.76 | 1 | $55,000 | $55,000 |
| 3762.74 | 1 | $295,000 | $295,000 |
| 3766.87 | 1 | $295,000 | $295,000 |
| 3872.75 | 1 | $55,000 | $55,000 |
| 3883.94 | 1 | $45,000 | $45,000 |
| 3923.81 | 1 | $325,000 | $325,000 |
| 3966.25 | 1 | $95,000 | $95,000 |
| 4127.56 | 1 | $75,000 | $75,000 |
| 4133.22 | 1 | $455,000 | $455,000 |
| 4165.79 | 1 | $115,000 | $115,000 |
| 4372.56 | 1 | $75,000 | $75,000 |
| 4426.11 | 1 | $55,000 | $55,000 |
| 4497.93 | 1 | $75,000 | $75,000 |
| 4538.34 | 1 | $65,000 | $65,000 |
| 4897.68 | 1 | $45,000 | $45,000 |
| 4905.98 | 1 | $75,000 | $75,000 |
| 4930.39 | 1 | $205,000 | $205,000 |
| 5033.57 | 1 | $405,000 | $405,000 |
| 5331.31 | 1 | $425,000 | $425,000 |
| 5444.83 | 1 | $85,000 | $85,000 |
| 5493.47 | 1 | $85,000 | $85,000 |
| 5516.17 | 1 | $55,000 | $55,000 |
| 5557.41 | 1 | $125,000 | $125,000 |
| 5799.19 | 1 | $285,000 | $285,000 |
| 5857.46 | 1 | $145,000 | $145,000 |
| 5947.01 | 1 | $105,000 | $105,000 |
| 5952.17 | 1 | $125,000 | $125,000 |
| 6307.76 | 1 | $375,000 | $375,000 |
| 6502.57 | 1 | $175,000 | $175,000 |
| 6687.05 | 1 | $155,000 | $155,000 |
| 6804.31 | 1 | $115,000 | $115,000 |
| 6915.08 | 1 | $145,000 | $145,000 |
| 6926.44 | 1 | $165,000 | $165,000 |
| 6949.38 | 1 | $95,000 | $95,000 |
| 7151.85 | 1 | $115,000 | $115,000 |
| 7205.35 | 1 | $165,000 | $165,000 |
| 7270.07 | 1 | $315,000 | $315,000 |
| 7429.42 | 1 | $125,000 | $125,000 |
| 7457.78 | 1 | $195,000 | $195,000 |
| 7481.2 | 1 | $215,000 | $215,000 |
| 7544.12 | 1 | $125,000 | $125,000 |
| 7549.57 | 1 | $155,000 | $155,000 |
| 7595.76 | 1 | $125,000 | $125,000 |
| 7771.42 | 1 | $245,000 | $245,000 |
| 7970.74 | 1 | $265,000 | $265,000 |
| 8172.53 | 1 | $195,000 | $195,000 |
| 8834.82 | 1 | $135,000 | $135,000 |
| 9194.17 | 1 | $285,000 | $285,000 |
| 9303.05 | 1 | $285,000 | $285,000 |
| NA | 2,696 | $696,470,000 | $258,335 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 21 | $2,335,000 | $111,190 |
| Single Family (1-4 Units):Site-Built | 2,746 | $708,410,000 | $257,979 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| HARTFORD FUNDING, LTD | FHA mortgage | Trouble during payment process | 1 | 100.0% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Howard Bank | 10101 Philadelphia Road Baltimore, MD 21237 | Full Service B&M | $56,379 |
| Howard Bank | 1013 Reisterstown Road Pikesville, MD 21208 | Full Service B&M | $43,604 |
| Howard Bank | 10163 Baltimore National Pike Ellicott City, MD 21042 | Full Service B&M | $171,104 |
| Howard Bank | 10175 Little Patuxent Parkway Columbia, MD 21044 | Full Service B&M | $12,447 |
| Howard Bank | 10985 Johns Hopkins Road Laurel, MD 20723 | Full Service B&M | $42,662 |
| Howard Bank | 116 Defense Highway Annapolis, MD 21401 | Full Service B&M | $65,262 |
| Howard Bank | 12 A Bel Air South Parkway Bel Air, MD 21015 | Full Service B&M | $42,784 |
| Howard Bank | 1301 Merritt Boulevard Baltimore, MD 21222 | Full Service B&M | $122,787 |
| Howard Bank | 1403 Conwingo Drive Bel Air, MD 21014 | Full Service B&M | $64,765 |
| Howard Bank | 176 Carroll Island Road Baltimore, MD 21220 | Full Service B&M | $51,165 |
| Howard Bank | 2028 East Joppa Road Baltimore, MD 21234 | Full Service B&M | $128,717 |
| Howard Bank | 2129 York Road Timonium, MD 21093 | Full Service B&M | $166,558 |
| Howard Bank | 2700 Remington Avenue Baltimore, MD 21211 | Full Service B&M | $8,076 |
| Howard Bank | 3 W Bel Air Avenue Aberdeen, MD 21001 | Full Service B&M | $44,348 |
| Howard Bank | 305 Augustine Herman Hwy Elkton, MD 21921 | Full Service B&M | $24,933 |
| Howard Bank | 305 Crain Highway Glen Burnie, MD 21061 | Full Service B&M | $31,223 |
| Howard Bank | 3301 Boston Street Baltimore, MD 21224 | Full Service B&M | $0 |
| Howard Bank | 3301 Boston Street Baltimore, MD 21224 | Full Service B&M | $75,050 |
| Howard Bank | 366 A Ritchie Highway Severna Park, MD 21146 | Full Service B&M | $23,392 |
| Howard Bank | 4800 Painters Mill Road Owings Mills, MD 21117 | Full Service B&M | $39,539 |
| Howard Bank | 6 Pearl Street Rising Sun, MD 21911 | Full Service B&M | $74,279 |
| Howard Bank | 6011 University Boulevard Ellicott City, MD 21043 | Full Service B&M | $279,101 |
| Howard Bank | 7860 Wise Avenue Baltimore, MD 21222 | Full Service B&M | $1 |
For 2018, Howard Bank had 23 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $80,389 |
| Net interest income | $66,999 |
| Total noninterest income | $17,935 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $2,283 |
| Trading account gains and fees | $57 |
| Additional Noninterest Income | $15,595 |
| Pre-tax net operating income | $-3,671 |
| Securities gains (or losses, -) | $-364 |
| Income before extraordinary items | $-3,314 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $-3,314 |
| Minority interest net income | $0 |
| Net income | $-3,314 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $-3,015 |
Howard Bank's gross interest income from loans was $80,389,000.
Howard Bank's net interest income from loans was $66,999,000.
Howard Bank's fee based income from loans was $2,283,000.
Howard Bank's net income from loans was $-3,314,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $13,390 |
| Provision for credit losses | $6,091 |
| Total noninterest expense | $82,514 |
| Salaries and employee benefits | $33,406 |
| Premises and equipment expense | $10,599 |
| Additional noninterest expense | $38,509 |
| Applicable income taxes | $-721 |
| Net charge-offs | $2,377 |
| Cash dividends | $0 |
Howard Bank's interest expense for loans was $13,390,000.
Howard Bank's payroll and benefits expense were $33,406,000.
Howard Bank's property, plant and equipment expenses $10,599,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 1.0% |
| Real Estate loans | 1.0% |
| Construction & Land Development loans | 1.0% |
| Nonfarm, nonresidential loans | 0.0% |
| Multifamily residential loans | 0.0% |
| 1-4 family residential loans | 2.0% |
| HELOC loans | 0.0% |
| All other family | 3.0% |
| 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 | $1,692,453 |
| Deposits held in domestic offices | $1,692,453 |
| Deposits by Individuals, partnerships, and corporations | $1,613,269 |
| Deposits by U.S. Government | $5 |
| Deposits by States and political subdivisions in the U.S. | $37,596 |
| Deposits by Commercial banks and other depository institutions in U.S. | $41,583 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $663,170 |
| Demand deposits | $435,847 |
| Nontransaction accounts | $1,029,283 |
| Money market deposit accounts (MMDAs) | $356,130 |
| Other savings deposits (excluding MMDAs) | $134,893 |
| Total time deposits | $538,261 |
| Total time and savings deposits | $1,256,606 |
| Noninterest-bearing deposits | $435,847 |
| Interest-bearing deposits | $1,256,606 |
| Retail deposits | $1,482,455 |
| IRAs and Keogh plan accounts | $47,657 |
| Brokered deposits | $131,755 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $2,266,082 |
| Cash & Balances due from depository institutions | $101,302 |
| Interest-bearing balances | $75,585 |
| Total securities | $233,108 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $1,661,139 |
| Loan and leases loss allowance | $9,873 |
| Trading account assets | $102 |
| Bank premises and fixed assets | $45,017 |
| Other real estate owned | $4,392 |
| Goodwill and other intangibles | $82,179 |
| All other assets | $138,843 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $2,266,082 |
| Total Liabilities | $1,949,311 |
| Total deposits | $1,692,453 |
| Interest-bearing deposits | $1,256,606 |
| Deposits held in domestic offices | $1,692,453 |
| % insured (estimated) | $70 |
| Federal funds purchased and repurchase agreements | $15,603 |
| Trading liabilities | $107 |
| Other borrowed funds | $232,000 |
| Subordinated debt | $0 |
| All other liabilities | $9,148 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $1,661,139 |
| Loan and leases loss allowance | $9,873 |
| Total loans and leases (domestic) | $1,671,012 |
| All real estate loans | $1,279,525 |
| Real estate loans in domestic offices | $1,279,525 |
| Construction and development loans | $119,916 |
| Residential 1-4 family construction | $25,168 |
| Other construction, all land development and other land | $94,748 |
| Loans secured by nonfarm nonresidential properties | $641,412 |
| Nonfarm nonresidential secured by owner-occupied properties | $218,111 |
| Commercial real estate & other non-farm, non-residential | $423,301 |
| Multifamily residential real estate | $20,560 |
| 1-4 family residential loans | $493,950 |
| Farmland loans | $3,687 |
| Loans held in foreign offices | $0 |
| Farm loans | $15 |
| Commercial and industrial loans | $326,945 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $54,666 |
| Credit card loans | $0 |
| Related Plans | $2,923 |
| Consumer Auto Loans | $277 |
| Other loans to individuals | $51,466 |
| All other loans & leases | $9,861 |
| 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 | $1,107 |
| Non 1-4 family restructured loans & leases | $125 |
| Total loans and leases (foreign) | $0 |
Howard Bank had $1,661,139,000 of loans outstanding in 2018. $1,279,525,000 of loans were in real estate loans. $119,916,000 of loans were in development loans. $20,560,000 of loans were in multifamily mortgage loans. $493,950,000 of loans were in 1-4 family mortgage loans. $15,000 of loans were in farm loans. $0 of loans were in credit card loans. $277,000 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 | 582 | $167,062 | $287,048 |
| Nonfarm, nonresidential loans - <$100k | 60 | $3,238 | $53,967 |
| Nonfarm, nonresidential loans - $100-250k | 187 | $23,719 | $126,840 |
| Nonfarm, nonresidential loans - $250k-1MM | 335 | $140,105 | $418,224 |
| Commercial & Industrial, US addressed loans - <$1MM | 1,049 | $113,222 | $107,933 |
| Commercial & Industrial, US addressed loans - <$100k | 456 | $11,238 | $24,645 |
| Commercial & Industrial, US addressed loans - $100-250k | 254 | $20,049 | $78,933 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 339 | $81,935 | $241,696 |
| Farmland loans - <$1MM | 6 | $1,403 | $233,833 |
| Farmland loans - <$100k | 1 | $54 | $54,000 |
| Farmland loans - $100-250k | 2 | $397 | $198,500 |
| Farmland loans - $250k-1MM | 3 | $952 | $317,333 |
| Agriculture operations loans - <$1MM | 1 | $15 | $15,000 |
| Agriculture operations loans - <$100k | 1 | $15 | $15,000 |