Relyance Bank Mortgage Rates, Fees & Info

Pine Bluff, AR

LEI: 549300GCILEV6KJUST91

Tax ID: 71-0764688

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

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

    Relyance Bank is a smaller bank specializing in Home Purchase and Refi loans. Relyance Bank has a high proportion of conventional loans. Their top markets by origination volume include: Pine Bluff, Little Rock, Hot Springs, Malvern, and Fayetteville among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Relyance 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.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    192

    Origination Dollar Volume (All Markets)

    $28,840,000

    Employee count

    184

    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
    PINE BLUFF, AR (FHA|USDA|VA) 67 $10,235,000 $152,761 $0 0.00%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 47 $9,605,000 $204,362 $0 0.00%
    HOT SPRINGS, AR (FHA|USDA|VA) 45 $6,715,000 $149,222 $0 0.00%
    Malvern, AR (FHA|USDA|VA) 22 $930,000 $42,273 $0 0.00%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $435,000 $435,000 $0 0.00%
    Outside of Metro Areas 5 $285,000 $57,000 $0 0.00%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $265,000 $265,000 $0 0.00%
    Searcy, AR (FHA|USDA|VA) 1 $195,000 $195,000 $0 0.00%
    Camden, AR (FHA|USDA|VA) 2 $110,000 $55,000 $0 0.00%
    Arkadelphia, AR (FHA|USDA|VA) 1 $65,000 $65,000 $0 0.00%
    Relyance Bank's top markets include Pine Bluff, Little Rock, Hot Springs, Malvern, and Fayetteville among others.

    Their top states include:
  • Arkansas (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 192 $28,840,000 $150,208 $0 0.00%

    For 2019, Relyance Bank's most frequently originated type of loan was Conventional, with 192 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 132 $17,800,000 $134,848 $0 0.00%
    Refi 35 $9,755,000 $278,714 $0 0.00%
    Home Improvement 16 $650,000 $40,625 $0 0.00%
    Other 9 $635,000 $70,556 $0 0.00%

    For 2019, Relyance Bank's most frequently cited loan purpose was Home Purchase, with 132 originations. The 2nd most popular reason was Refi, with 35 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 192 $28,840,000 $150,208 $0 0.00%

    For 2019, Relyance Bank's most frequently cited loan duration was Other, with 192 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 121 $4,935,000 $40,785 $0 0.00%
    $100k-200k 36 $5,180,000 $143,889 $0 0.00%
    $200k-400k 22 $5,640,000 $256,364 $0 0.00%
    $400k-600k 9 $4,115,000 $457,222 $0 0.00%
    $1MM+ 3 $8,235,000 $2,745,000 $0 0.00%
    $600k-1MM 1 $735,000 $735,000 $0 0.00%

    2019 saw Relyance Bank place emphasis on $100,000 or less loans with 121 originations, totaling $4,935,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 30 $2,700,000 $90,000 $0 0.00%
    $250k+ 28 $4,620,000 $165,000 $0 0.00%
    $100k-150k 21 $3,325,000 $158,333 $0 0.00%
    $150k-250k 16 $2,500,000 $156,250 $0 0.00%
    $50k or less 15 $795,000 $53,000 $0 0.00%
    $75k-100k 12 $740,000 $61,667 $0 0.00%

    Relyance Bank lent most frequently to those with incomes in the $50k-75k range, with 30 originations. The second most popular income band? $250k+, with 28 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 192 $28,840,000 $150,208 $0 0.00%

    Relyance Bank lent most frequently to those with DTI ratios of Exempt%, with 192 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 66 $13,890,000 $210,455 $0 0.00%
    White 98 $11,540,000 $117,755 $0 0.00%
    Not provided 7 $1,805,000 $257,857 $0 0.00%
    Black 18 $1,040,000 $57,778 $0 0.00%
    Asian Indian 1 $345,000 $345,000 $0 0.00%
    American Indian 1 $195,000 $195,000 $0 0.00%
    Guamanian 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.44%

    Relyance Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    93.75%

    Relyance Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 192 $28,840,000 $150,208

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 10 $8,380,000 $838,000
    Single Family (1-4 Units):Manufactured 8 $450,000 $56,250
    Single Family (1-4 Units):Site-Built 174 $20,010,000 $115,000

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    RELIANCE FIRST CAPITAL LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 33.3%
    RELIANCE FIRST CAPITAL LLC Conventional home mortgage Closing on a mortgage 1 33.3%
    RELIANCE FIRST CAPITAL LLC FHA mortgage Trouble during payment process 1 33.3%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Relyance Bank, National Association 100 River Bluff Dr. Ste 310 Little Rock, AR 72202 Full Service B&M $0
    Relyance Bank, National Association 102 Airport Road Hot Springs, AR 71913 Full Service B&M $10,686
    Relyance Bank, National Association 102 South Lincoln St Star City, AR 71667 Full Service B&M $29,686
    Relyance Bank, National Association 108 South Main Street Sheridan, AR 72150 Full Service B&M $25,709
    Relyance Bank, National Association 11000 Financial Centre Pkwy Little Rock, AR 72211 Full Service B&M $18,693
    Relyance Bank, National Association 14220 Cantrell Road Little Rock, AR 72223 Full Service B&M $10,568
    Relyance Bank, National Association 1501 East Harding Avenue Pine Bluff, AR 71601 Full Service B&M $19,270
    Relyance Bank, National Association 1801 N. Fillmore Street Little Rock, AR 72207 Full Service B&M $64,709
    Relyance Bank, National Association 2240 Malvern Avenue Hot Springs, AR 71901 Full Service B&M $6,130
    Relyance Bank, National Association 2511 Camden Road Pine Bluff, AR 71603 Full Service B&M $35,442
    Relyance Bank, National Association 2804 Hazel Street Pine Bluff, AR 71603 Full Service B&M $70,816
    Relyance Bank, National Association 400 Ponce De Leon Hot Springs, AR 71909 Full Service B&M $53,730
    Relyance Bank, National Association 4446 Central Avenue Hot Springs, AR 71913 Full Service B&M $60,310
    Relyance Bank, National Association 4579 Hwy 7 North Hot Springs, AR 71909 Full Service B&M $13,002
    Relyance Bank, National Association 4937 Highway 5 North Bryant, AR 72022 Full Service B&M $28,990
    Relyance Bank, National Association 5503 Olive Street Pine Bluff, AR 71603 Full Service B&M $7,134
    Relyance Bank, National Association 610 West 4th Street Fordyce, AR 71742 Full Service B&M $21,576
    Relyance Bank, National Association 7907 Dollarway Road Whitehall, AR 71601 Full Service B&M $74,185
    Relyance Bank, National Association 804 Sheridan Road Redfield, AR 72132 Full Service B&M $13,543
    Relyance Bank, National Association 912 South Poplar Street Pine Bluff, AR 71611 Full Service B&M $123,641

    For 2019, Relyance Bank had 20 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $36,718
    Net interest income $29,199
    Total noninterest income $8,453
    Gross Fiduciary activities income $1,482
    Service charges on deposit accounts $3,422
    Trading account gains and fees $0
    Additional Noninterest Income $3,549
    Pre-tax net operating income $11,759
    Securities gains (or losses, -) $0
    Income before extraordinary items $9,023
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $9,023
    Minority interest net income $0
    Net income $9,023
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $9,023

    Relyance Bank's gross interest income from loans was $36,718,000.
    Relyance Bank's net interest income from loans was $29,199,000.
    Relyance Bank's fee based income from loans was $3,422,000.
    Relyance Bank's net income from loans was $9,023,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $7,519
    Provision for credit losses $550
    Total noninterest expense $25,343
    Salaries and employee benefits $14,432
    Premises and equipment expense $3,869
    Additional noninterest expense $7,042
    Applicable income taxes $2,736
    Net charge-offs $1,127
    Cash dividends $0

    Relyance Bank's interest expense for loans was $7,519,000.
    Relyance Bank's payroll and benefits expense were $14,432,000.
    Relyance Bank's property, plant and equipment expenses $3,869,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 1.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $716,141
    Deposits held in domestic offices $716,141
    Deposits by Individuals, partnerships, and corporations $632,147
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $81,654
    Deposits by Commercial banks and other depository institutions in U.S. $2,340
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $7,579
    Demand deposits $1,034
    Nontransaction accounts $708,562
    Money market deposit accounts (MMDAs) $157,896
    Other savings deposits (excluding MMDAs) $347,931
    Total time deposits $202,733
    Total time and savings deposits $715,107
    Noninterest-bearing deposits $139,936
    Interest-bearing deposits $576,205
    Retail deposits $670,995
    IRAs and Keogh plan accounts $20,911
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $860,104
    Cash & Balances due from depository institutions $20,118
    Interest-bearing balances $9,489
    Total securities $100,251
    Federal funds sold & reverse repurchase $0
    Net loans and leases $671,420
    Loan and leases loss allowance $6,324
    Trading account assets $0
    Bank premises and fixed assets $19,085
    Other real estate owned $368
    Goodwill and other intangibles $8,196
    All other assets $40,666

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $860,104
    Total Liabilities $746,525
    Total deposits $716,141
    Interest-bearing deposits $576,205
    Deposits held in domestic offices $716,141
    % insured (estimated) $77
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $23,704
    Subordinated debt $0
    All other liabilities $6,680

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $671,420
    Loan and leases loss allowance $6,324
    Total loans and leases (domestic) $677,744
    All real estate loans $525,466
    Real estate loans in domestic offices $525,466
    Construction and development loans $54,162
    Residential 1-4 family construction $11,623
    Other construction, all land development and other land $42,539
    Loans secured by nonfarm nonresidential properties $272,264
    Nonfarm nonresidential secured by owner-occupied properties $70,638
    Commercial real estate & other non-farm, non-residential $201,626
    Multifamily residential real estate $42,297
    1-4 family residential loans $95,662
    Farmland loans $61,081
    Loans held in foreign offices $0
    Farm loans $69,994
    Commercial and industrial loans $67,499
    To non-U.S. addressees $0
    Loans to individuals $9,609
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $1,235
    Other loans to individuals $8,374
    All other loans & leases $5,176
    Loans to foreign governments and official institutions $0
    Other loans $1,305
    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 $1,297
    Non 1-4 family restructured loans & leases $1,196
    Total loans and leases (foreign) $0

    Relyance Bank had $671,420,000 of loans outstanding in 2019. $525,466,000 of loans were in real estate loans. $54,162,000 of loans were in development loans. $42,297,000 of loans were in multifamily mortgage loans. $95,662,000 of loans were in 1-4 family mortgage loans. $69,994,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,235,000 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 277 $53,348 $192,592
    Nonfarm, nonresidential loans - <$100k 106 $3,905 $36,840
    Nonfarm, nonresidential loans - $100-250k 69 $7,779 $112,739
    Nonfarm, nonresidential loans - $250k-1MM 102 $41,664 $408,471
    Commercial & Industrial, US addressed loans - <$1MM 519 $27,365 $52,726
    Commercial & Industrial, US addressed loans - <$100k 388 $8,134 $20,964
    Commercial & Industrial, US addressed loans - $100-250k 80 $7,425 $92,813
    Commercial & Industrial, US addressed loans - $250k-1MM 51 $11,806 $231,490
    Farmland loans - <$1MM 118 $12,892 $109,254
    Farmland loans - <$100k 55 $2,419 $43,982
    Farmland loans - $100-250k 40 $4,533 $113,325
    Farmland loans - $250k-1MM 23 $5,940 $258,261
    Agriculture operations loans - <$1MM 232 $17,161 $73,970
    Agriculture operations loans - <$100k 154 $4,025 $26,136
    Agriculture operations loans - $100-250k 32 $3,447 $107,719
    Agriculture operations loans - $250k-1MM 46 $9,689 $210,630