Terre Haute Savings Bank Mortgage Rates, Fees & Info

Terre Haute, IN

LEI: 549300G2EZKPVQQ0D852

Tax ID: 35-0705150

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Terre Haute Savings Bank is a smaller bank specializing in Home Purchase and Refi loans. Terre Haute Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Terre Haute, Indianapolis, Hilton Head Island, Naples, and Evansville among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Terre Haute Savings Bank 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.

    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.

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    Originations

    217

    Origination Dollar Volume (All Markets)

    $29,535,000

    Employee count

    107

    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
    TERRE HAUTE, IN (FHA|USDA|VA) 202 $26,070,000 $129,059 $0 0.00%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 7 $1,195,000 $170,714 $0 0.00%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $1,155,000 $1,155,000 $0 0.00%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $355,000 $355,000 $0 0.00%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $315,000 $315,000 $0 0.00%
    Outside of Metro Areas 4 $290,000 $72,500 $0 0.00%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
    Terre Haute Savings Bank's top markets include Terre Haute, Indianapolis, Hilton Head Island, Naples, and Evansville among others.

    Their top states include:
  • Indiana (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)

    • Similar Lenders

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

    First Mid Bank & Trust
    Similarity Rank: 60
    First Farmers Bank and Trust Company
    Similarity Rank: 360
    Wolfe Financial, Inc
    Similarity Rank: 525
    Old National Bank
    Similarity Rank: 676
    First Financial Bank
    Similarity Rank: 931
    CALIBER HOME LOANS, INC.
    Similarity Rank: 3324
    USAA Federal Savings Bank
    Similarity Rank: 3628
    Mortgage Research Center, LLC
    Similarity Rank: 3680
    Regions Bank
    Similarity Rank: 5415
    Fifth Third Bank
    Similarity Rank: 5586

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 217 $29,535,000 $136,106 $0 0.00%

    For 2019, Terre Haute Savings Bank's most frequently originated type of loan was Conventional, with 217 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 109 $15,165,000 $139,128 $0 0.00%
    Refi 59 $7,075,000 $119,915 $0 0.00%
    Cash Out Refi 30 $4,330,000 $144,333 $0 0.00%
    Home Improvement 12 $2,680,000 $223,333 $0 0.00%
    Other 7 $285,000 $40,714 $0 0.00%

    For 2019, Terre Haute Savings Bank's most frequently cited loan purpose was Home Purchase, with 109 originations. The 2nd most popular reason was Refi, with 59 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 217 $29,535,000 $136,106 $0 0.00%

    For 2019, Terre Haute Savings Bank's most frequently cited loan duration was Other, with 217 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 104 $5,590,000 $53,750 $0 0.00%
    $100k-200k 81 $11,915,000 $147,099 $0 0.00%
    $200k-400k 26 $6,890,000 $265,000 $0 0.00%
    $400k-600k 4 $2,080,000 $520,000 $0 0.00%
    $1MM+ 2 $3,060,000 $1,530,000 $0 0.00%

    2019 saw Terre Haute Savings Bank place emphasis on $100,000 or less loans with 104 originations, totaling $5,590,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 44 $4,620,000 $105,000 $0 0.00%
    $100k-150k 37 $5,805,000 $156,892 $0 0.00%
    $50k or less 32 $2,100,000 $65,625 $0 0.00%
    $75k-100k 24 $2,900,000 $120,833 $0 0.00%
    $150k-250k 21 $4,155,000 $197,857 $0 0.00%
    $250k+ 10 $3,070,000 $307,000 $0 0.00%

    Terre Haute Savings Bank lent most frequently to those with incomes in the $50k-75k range, with 44 originations. The second most popular income band? $100k-150k, with 37 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 217 $29,535,000 $136,106 $0 0.00%

    Terre Haute Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 217 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 197 $25,765,000 $130,787 $0 0.00%
    Not applicable 16 $3,320,000 $207,500 $0 0.00%
    Asian 2 $350,000 $175,000 $0 0.00%
    Not provided 1 $85,000 $85,000 $0 0.00%
    American Indian 1 $15,000 $15,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.25%

    Terre Haute Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    90.32%

    Terre Haute Savings Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 217 $29,535,000 $136,106

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $125,000 $125,000
    Single Family (1-4 Units):Manufactured 11 $595,000 $54,091
    Single Family (1-4 Units):Site-Built 205 $28,815,000 $140,561

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Terre Haute Savings Bank 1010 West National Avenue West Terre Haute, IN 47885 Full Service B&M $3,275
    Terre Haute Savings Bank 1120 E Davis Drive Terre Haute, IN 47802 Full Service B&M $4,341
    Terre Haute Savings Bank 1820 Lafayette Ave Terre Haute, IN 47804 Full Service B&M $11,970
    Terre Haute Savings Bank 2503 Poplar Street Terre Haute, IN 47803 Full Service B&M $29,536
    Terre Haute Savings Bank 260 E. National Ave Brazil, IN 47834 Full Service B&M $20,814
    Terre Haute Savings Bank 4729 South Us Highway 41 Terre Haute, IN 47802 Full Service B&M $31,912
    Terre Haute Savings Bank 533 Ohio Street Terre Haute, IN 47807 Full Service B&M $150,583
    Terre Haute Savings Bank 7345 S. State Road 46 Terre Haute, IN 47802 Full Service B&M $16,902

    For 2019, Terre Haute Savings Bank had 8 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $13,303
    Net interest income $10,525
    Total noninterest income $3,101
    Gross Fiduciary activities income $740
    Service charges on deposit accounts $704
    Trading account gains and fees $0
    Additional Noninterest Income $1,657
    Pre-tax net operating income $1,546
    Securities gains (or losses, -) $-6
    Income before extraordinary items $1,470
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $1,470
    Minority interest net income $0
    Net income $1,470
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $1,475

    Terre Haute Savings Bank's gross interest income from loans was $13,303,000.
    Terre Haute Savings Bank's net interest income from loans was $10,525,000.
    Terre Haute Savings Bank's fee based income from loans was $704,000.
    Terre Haute Savings Bank's net income from loans was $1,470,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,778
    Provision for credit losses $120
    Total noninterest expense $11,960
    Salaries and employee benefits $6,345
    Premises and equipment expense $1,615
    Additional noninterest expense $4,000
    Applicable income taxes $70
    Net charge-offs $120
    Cash dividends $200

    Terre Haute Savings Bank's interest expense for loans was $2,778,000.
    Terre Haute Savings Bank's payroll and benefits expense were $6,345,000.
    Terre Haute Savings Bank's property, plant and equipment expenses $1,615,000.

    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 1.0%
    All other family 1.0%
    Commercial & industrial loans 1.0%
    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 $272,450
    Deposits held in domestic offices $272,450
    Deposits by Individuals, partnerships, and corporations $224,172
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $48,278
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $113,547
    Demand deposits $43,448
    Nontransaction accounts $158,903
    Money market deposit accounts (MMDAs) $30,284
    Other savings deposits (excluding MMDAs) $58,468
    Total time deposits $70,151
    Total time and savings deposits $229,002
    Noninterest-bearing deposits $43,448
    Interest-bearing deposits $229,002
    Retail deposits $247,928
    IRAs and Keogh plan accounts $12,812
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $350,358
    Cash & Balances due from depository institutions $13,606
    Interest-bearing balances $8,542
    Total securities $77,190
    Federal funds sold & reverse repurchase $4,900
    Net loans and leases $233,534
    Loan and leases loss allowance $2,888
    Trading account assets $0
    Bank premises and fixed assets $8,176
    Other real estate owned $20
    Goodwill and other intangibles $194
    All other assets $12,738

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $350,358
    Total Liabilities $316,764
    Total deposits $272,450
    Interest-bearing deposits $229,002
    Deposits held in domestic offices $272,450
    % insured (estimated) $71
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $42,500
    Subordinated debt $0
    All other liabilities $1,814

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $233,534
    Loan and leases loss allowance $2,888
    Total loans and leases (domestic) $236,422
    All real estate loans $195,257
    Real estate loans in domestic offices $195,257
    Construction and development loans $7,310
    Residential 1-4 family construction $639
    Other construction, all land development and other land $6,671
    Loans secured by nonfarm nonresidential properties $63,733
    Nonfarm nonresidential secured by owner-occupied properties $9,564
    Commercial real estate & other non-farm, non-residential $54,169
    Multifamily residential real estate $9,374
    1-4 family residential loans $108,258
    Farmland loans $6,582
    Loans held in foreign offices $0
    Farm loans $738
    Commercial and industrial loans $32,501
    To non-U.S. addressees $0
    Loans to individuals $4,572
    Credit card loans $0
    Related Plans $8
    Consumer Auto Loans $4,264
    Other loans to individuals $300
    All other loans & leases $3,354
    Loans to foreign governments and official institutions $0
    Other loans $59
    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 $328
    Non 1-4 family restructured loans & leases $73
    Total loans and leases (foreign) $0

    Terre Haute Savings Bank had $233,534,000 of loans outstanding in 2019. $195,257,000 of loans were in real estate loans. $7,310,000 of loans were in development loans. $9,374,000 of loans were in multifamily mortgage loans. $108,258,000 of loans were in 1-4 family mortgage loans. $738,000 of loans were in farm loans. $0 of loans were in credit card loans. $4,264,000 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 211 $36,254 $171,820
    Nonfarm, nonresidential loans - <$100k 110 $4,502 $40,927
    Nonfarm, nonresidential loans - $100-250k 46 $6,882 $149,609
    Nonfarm, nonresidential loans - $250k-1MM 55 $24,870 $452,182
    Commercial & Industrial, US addressed loans - <$1MM 197 $16,223 $82,350
    Commercial & Industrial, US addressed loans - <$100k 146 $3,725 $25,514
    Commercial & Industrial, US addressed loans - $100-250k 26 $3,429 $131,885
    Commercial & Industrial, US addressed loans - $250k-1MM 25 $9,069 $362,760
    Farmland loans - <$1MM 25 $3,519 $140,760
    Farmland loans - <$100k 11 $653 $59,364
    Farmland loans - $100-250k 9 $1,554 $172,667
    Farmland loans - $250k-1MM 5 $1,312 $262,400
    Agriculture operations loans - <$1MM 5 $214 $42,800
    Agriculture operations loans - <$100k 4 $50 $12,500
    Agriculture operations loans - $100-250k 1 $164 $164,000