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, Charleston, Bloomington, Indianapolis, and Chicago among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Terre Haute Savings Bank has an average approval rate when compared to the average across all lenders. They have an 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

    317

    Origination Dollar Volume (All Markets)

    $50,885,000

    Employee count

    105

    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) 293 $44,845,000 $153,055 $0 0.00%
    Charleston-Mattoon, IL (FHA|USDA|VA) 2 $1,090,000 $545,000 $0 0.00%
    BLOOMINGTON, IN (FHA|USDA|VA) 5 $975,000 $195,000 $0 0.00%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 6 $950,000 $158,333 $0 0.00%
    Outside of Metro Areas 4 $640,000 $160,000 $0 0.00%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $530,000 $265,000 $0 0.00%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $505,000 $505,000 $0 0.00%
    Traverse City, MI (FHA|USDA|VA) 1 $465,000 $465,000 $0 0.00%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $445,000 $445,000 $0 0.00%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $225,000 $225,000 $0 0.00%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $215,000 $215,000 $0 0.00%
    Terre Haute Savings Bank's top markets include Terre Haute, Charleston, Bloomington, Indianapolis, and Chicago among others.

    Their top states include:
  • Indiana (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Kentucky (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.

    The Riddell National Bank
    Similarity Rank: 48
    Longview Bank & Trust
    Similarity Rank: 228
    CRANE
    Similarity Rank: 306
    First Farmers Bank and Trust Company
    Similarity Rank: 836
    Wolfe Financial, Inc
    Similarity Rank: 2272
    First Financial Bank
    Similarity Rank: 2436
    GVC MORTGAGE, INC.
    Similarity Rank: 2772
    Old National Bank
    Similarity Rank: 4600
    The Huntington National Bank
    Similarity Rank: 4824
    NEW DAY FINANCIAL, LLC
    Similarity Rank: 4842

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 317 $50,885,000 $160,521 $0 0.00%

    For 2021, Terre Haute Savings Bank's most frequently originated type of loan was Conventional, with 317 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 131 $19,925,000 $152,099 $0 0.00%
    Refi 121 $22,425,000 $185,331 $0 0.00%
    Cash Out Refi 49 $6,595,000 $134,592 $0 0.00%
    Home Improvement 11 $1,405,000 $127,727 $0 0.00%
    Other 5 $535,000 $107,000 $0 0.00%

    For 2021, Terre Haute Savings Bank's most frequently cited loan purpose was Home Purchase, with 131 originations. The 2nd most popular reason was Refi, with 121 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 317 $50,885,000 $160,521 $0 0.00%

    For 2021, Terre Haute Savings Bank's most frequently cited loan duration was Other, with 317 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 132 $18,650,000 $141,288 $0 0.00%
    $100,000 or less 124 $7,980,000 $64,355 $0 0.00%
    $200k-400k 49 $13,515,000 $275,816 $0 0.00%
    $400k-600k 9 $4,255,000 $472,778 $0 0.00%
    $1MM+ 3 $6,485,000 $2,161,667 $0 0.00%

    2021 saw Terre Haute Savings Bank place emphasis on $100k-200k loans with 132 originations, totaling $18,650,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 60 $6,500,000 $108,333 $0 0.00%
    $100k-150k 52 $8,740,000 $168,077 $0 0.00%
    $75k-100k 48 $6,030,000 $125,625 $0 0.00%
    $50k or less 44 $3,420,000 $77,727 $0 0.00%
    $150k-250k 33 $6,315,000 $191,364 $0 0.00%
    $250k+ 12 $3,490,000 $290,833 $0 0.00%

    Terre Haute Savings Bank lent most frequently to those with incomes in the $50k-75k range, with 60 originations. The second most popular income band? $100k-150k, with 52 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 317 $50,885,000 $160,521 $0 0.00%

    Terre Haute Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 317 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 259 $35,545,000 $137,239 $0 0.00%
    Not applicable 43 $13,525,000 $314,535 $0 0.00%
    Not provided 11 $1,485,000 $135,000 $0 0.00%
    American Indian 2 $180,000 $90,000 $0 0.00%
    Black 1 $95,000 $95,000 $0 0.00%
    Asian 1 $55,000 $55,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    86.84%

    Terre Haute Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    92.43%

    Terre Haute Savings Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 317 $50,885,000 $160,521

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    317 $50,885,000 $160,521

    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 $8,181
    Terre Haute Savings Bank 1120 E Davis Drive Terre Haute, IN 47802 Full Service B&M $4,141
    Terre Haute Savings Bank 1820 Lafayette Ave Terre Haute, IN 47804 Full Service B&M $20,695
    Terre Haute Savings Bank 2503 Poplar Street Terre Haute, IN 47803 Full Service B&M $48,772
    Terre Haute Savings Bank 260 E. National Ave Brazil, IN 47834 Full Service B&M $30,741
    Terre Haute Savings Bank 4729 South Us Highway 41 Terre Haute, IN 47802 Full Service B&M $46,512
    Terre Haute Savings Bank 533 Ohio Street Terre Haute, IN 47807 Full Service B&M $206,321
    Terre Haute Savings Bank 7345 S. State Road 46 Terre Haute, IN 47802 Full Service B&M $22,812

    For 2021, Terre Haute Savings Bank had 8 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $12,499
    Net interest income $10,665
    Total noninterest income $4,413
    Gross Fiduciary activities income $879
    Service charges on deposit accounts $687
    Trading account gains and fees $0
    Additional Noninterest Income $2,847
    Pre-tax net operating income $2,035
    Securities gains (or losses, -) $11
    Income before extraordinary items $2,014
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $2,014
    Minority interest net income $0
    Net income $2,014
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $2,003

    Terre Haute Savings Bank's gross interest income from loans was $12,499,000.
    Terre Haute Savings Bank's net interest income from loans was $10,665,000.
    Terre Haute Savings Bank's fee based income from loans was $687,000.
    Terre Haute Savings Bank's net income from loans was $2,014,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,834
    Provision for credit losses $360
    Total noninterest expense $12,683
    Salaries and employee benefits $6,711
    Premises and equipment expense $1,672
    Additional noninterest expense $4,300
    Applicable income taxes $32
    Net charge-offs $247
    Cash dividends $0

    Terre Haute Savings Bank's interest expense for loans was $1,834,000.
    Terre Haute Savings Bank's payroll and benefits expense were $6,711,000.
    Terre Haute Savings Bank's property, plant and equipment expenses $1,672,000.

    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 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 $396,117
    Deposits held in domestic offices $396,117
    Deposits by Individuals, partnerships, and corporations $311,877
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $84,240
    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 $175,435
    Demand deposits $70,825
    Nontransaction accounts $220,682
    Money market deposit accounts (MMDAs) $62,694
    Other savings deposits (excluding MMDAs) $96,406
    Total time deposits $61,582
    Total time and savings deposits $325,292
    Noninterest-bearing deposits $70,825
    Interest-bearing deposits $325,292
    Retail deposits $379,723
    IRAs and Keogh plan accounts $13,321
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $468,796
    Cash & Balances due from depository institutions $56,021
    Interest-bearing balances $49,778
    Total securities $159,619
    Federal funds sold & reverse repurchase $7,475
    Net loans and leases $224,175
    Loan and leases loss allowance $3,377
    Trading account assets $0
    Bank premises and fixed assets $8,061
    Other real estate owned $55
    Goodwill and other intangibles $252
    All other assets $13,138

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $468,796
    Total Liabilities $431,925
    Total deposits $396,117
    Interest-bearing deposits $325,292
    Deposits held in domestic offices $396,117
    % insured (estimated) $65
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $32,500
    Subordinated debt $0
    All other liabilities $3,308

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $224,175
    Loan and leases loss allowance $3,377
    Total loans and leases (domestic) $227,552
    All real estate loans $195,629
    Real estate loans in domestic offices $195,629
    Construction and development loans $5,369
    Residential 1-4 family construction $569
    Other construction, all land development and other land $4,800
    Loans secured by nonfarm nonresidential properties $74,583
    Nonfarm nonresidential secured by owner-occupied properties $10,123
    Commercial real estate & other non-farm, non-residential $64,460
    Multifamily residential real estate $12,027
    1-4 family residential loans $98,139
    Farmland loans $5,511
    Loans held in foreign offices $0
    Farm loans $658
    Commercial and industrial loans $21,478
    To non-U.S. addressees $0
    Loans to individuals $4,867
    Credit card loans $0
    Related Plans $6
    Consumer Auto Loans $4,615
    Other loans to individuals $246
    All other loans & leases $4,920
    Loans to foreign governments and official institutions $0
    Other loans $273
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $234
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $305
    Non 1-4 family restructured loans & leases $65
    Total loans and leases (foreign) $0

    Terre Haute Savings Bank had $224,175,000 of loans outstanding in 2021. $195,629,000 of loans were in real estate loans. $5,369,000 of loans were in development loans. $12,027,000 of loans were in multifamily mortgage loans. $98,139,000 of loans were in 1-4 family mortgage loans. $658,000 of loans were in farm loans. $0 of loans were in credit card loans. $4,615,000 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 218 $38,421 $176,243
    Nonfarm, nonresidential loans - <$100k 112 $4,114 $36,732
    Nonfarm, nonresidential loans - $100-250k 53 $8,566 $161,623
    Nonfarm, nonresidential loans - $250k-1MM 53 $25,741 $485,679
    Commercial & Industrial, US addressed loans - <$1MM 171 $11,059 $64,673
    Commercial & Industrial, US addressed loans - <$100k 141 $2,756 $19,546
    Commercial & Industrial, US addressed loans - $100-250k 16 $2,561 $160,063
    Commercial & Industrial, US addressed loans - $250k-1MM 14 $5,742 $410,143
    Farmland loans - <$1MM 28 $3,246 $115,929
    Farmland loans - <$100k 15 $610 $40,667
    Farmland loans - $100-250k 9 $1,471 $163,444
    Farmland loans - $250k-1MM 4 $1,165 $291,250
    Agriculture operations loans - <$1MM 5 $658 $131,600
    Agriculture operations loans - <$100k 3 $63 $21,000
    Agriculture operations loans - $100-250k 1 $100 $100,000
    Agriculture operations loans - $250k-1MM 1 $495 $495,000