Relyance Bank Mortgage Rates, Fees & Info

Pine Bluff, AR

LEI: 549300GCILEV6KJUST91

Tax ID: 71-0764688

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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: Little Rock, Pine Bluff, Hot Springs, Mountain Home, and Malvern 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.

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    Originations

    195

    Origination Dollar Volume (All Markets)

    $46,715,000

    Employee count

    194

    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
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 64 $14,910,000 $232,969 $0 0.00%
    PINE BLUFF, AR (FHA|USDA|VA) 54 $12,000,000 $222,222 $0 0.00%
    HOT SPRINGS, AR (FHA|USDA|VA) 59 $10,775,000 $182,627 $0 0.00%
    Outside of Metro Areas 7 $6,775,000 $967,857 $0 0.00%
    Mountain Home, AR (FHA|USDA|VA) 1 $665,000 $665,000 $0 0.00%
    Malvern, AR (FHA|USDA|VA) 5 $655,000 $131,000 $0 0.00%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $605,000 $605,000 $0 0.00%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $235,000 $235,000 $0 0.00%
    JONESBORO, AR (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
    Camden, AR (FHA|USDA|VA) 2 $40,000 $20,000 $0 0.00%
    Relyance Bank's top markets include Little Rock, Pine Bluff, Hot Springs, Mountain Home, and Malvern among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 195 $46,715,000 $239,564 $0 0.00%

    For 2020, Relyance Bank's most frequently originated type of loan was Conventional, with 195 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 134 $26,090,000 $194,701 $0 0.00%
    Refi 38 $17,980,000 $473,158 $0 0.00%
    Home Improvement 17 $2,175,000 $127,941 $0 0.00%
    Other 6 $470,000 $78,333 $0 0.00%

    For 2020, Relyance Bank's most frequently cited loan purpose was Home Purchase, with 134 originations. The 2nd most popular reason was Refi, with 38 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 195 $46,715,000 $239,564 $0 0.00%

    For 2020, Relyance Bank's most frequently cited loan duration was Other, with 195 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 82 $4,620,000 $56,341 $0 0.00%
    $100k-200k 59 $8,445,000 $143,136 $0 0.00%
    $200k-400k 30 $8,810,000 $293,667 $0 0.00%
    $600k-1MM 10 $7,070,000 $707,000 $0 0.00%
    $1MM+ 9 $15,275,000 $1,697,222 $0 0.00%
    $400k-600k 5 $2,495,000 $499,000 $0 0.00%

    2020 saw Relyance Bank place emphasis on $100,000 or less loans with 82 originations, totaling $4,620,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 26 $2,960,000 $113,846 $0 0.00%
    $100k-150k 22 $3,070,000 $139,545 $0 0.00%
    $150k-250k 21 $3,735,000 $177,857 $0 0.00%
    $250k+ 20 $10,570,000 $528,500 $0 0.00%
    $50k or less 14 $1,130,000 $80,714 $0 0.00%
    $75k-100k 10 $1,010,000 $101,000 $0 0.00%

    Relyance Bank lent most frequently to those with incomes in the $50k-75k range, with 26 originations. The second most popular income band? $100k-150k, with 22 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 195 $46,715,000 $239,564 $0 0.00%

    Relyance Bank lent most frequently to those with DTI ratios of Exempt%, with 195 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 80 $24,100,000 $301,250 $0 0.00%
    White 92 $19,600,000 $213,043 $0 0.00%
    Not provided 15 $2,215,000 $147,667 $0 0.00%
    Black 7 $535,000 $76,429 $0 0.00%
    American Indian 1 $265,000 $265,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    93.64%

    Relyance Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    94.36%

    Relyance Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 195 $46,715,000 $239,564

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 19 $17,045,000 $897,105
    Single Family (1-4 Units):Manufactured 12 $870,000 $72,500
    Single Family (1-4 Units):Site-Built 164 $28,800,000 $175,610

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    RELIANCE FIRST CAPITAL LLC Conventional home mortgage Closing on a mortgage 1 25.0%
    RELIANCE FIRST CAPITAL LLC FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 25.0%
    RELIANCE FIRST CAPITAL LLC Other type of mortgage Struggling to pay mortgage 1 25.0%
    RELIANCE FIRST CAPITAL LLC VA mortgage Trouble during payment process 1 25.0%

    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 $11,354
    Relyance Bank, National Association 102 South Lincoln St Star City, AR 71667 Full Service B&M $35,330
    Relyance Bank, National Association 108 South Main Street Sheridan, AR 72150 Full Service B&M $28,980
    Relyance Bank, National Association 11000 Financial Centre Pkwy Little Rock, AR 72211 Full Service B&M $13,234
    Relyance Bank, National Association 14220 Cantrell Road Little Rock, AR 72223 Full Service B&M $16,797
    Relyance Bank, National Association 1501 East Harding Avenue Pine Bluff, AR 71601 Full Service B&M $23,678
    Relyance Bank, National Association 1801 N. Fillmore Street Little Rock, AR 72207 Full Service B&M $66,562
    Relyance Bank, National Association 2240 Malvern Avenue Hot Springs, AR 71901 Full Service B&M $8,639
    Relyance Bank, National Association 2511 Camden Road Pine Bluff, AR 71603 Full Service B&M $43,547
    Relyance Bank, National Association 2804 Hazel Street Pine Bluff, AR 71603 Full Service B&M $87,011
    Relyance Bank, National Association 400 Ponce De Leon Hot Springs, AR 71909 Full Service B&M $60,464
    Relyance Bank, National Association 4446 Central Avenue Hot Springs, AR 71913 Full Service B&M $63,949
    Relyance Bank, National Association 4579 Hwy 7 North Hot Springs, AR 71909 Full Service B&M $15,239
    Relyance Bank, National Association 4937 Highway 5 North Bryant, AR 72022 Full Service B&M $29,924
    Relyance Bank, National Association 5503 Olive Street Pine Bluff, AR 71603 Full Service B&M $7,734
    Relyance Bank, National Association 610 West 4th Street Fordyce, AR 71742 Full Service B&M $27,846
    Relyance Bank, National Association 7907 Dollarway Road Whitehall, AR 71601 Full Service B&M $91,151
    Relyance Bank, National Association 804 Sheridan Road Redfield, AR 72132 Full Service B&M $16,641
    Relyance Bank, National Association 912 South Poplar Street Pine Bluff, AR 71611 Full Service B&M $151,918

    For 2020, Relyance Bank had 20 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $38,801
    Net interest income $33,720
    Total noninterest income $8,472
    Gross Fiduciary activities income $1,405
    Service charges on deposit accounts $2,830
    Trading account gains and fees $0
    Additional Noninterest Income $4,237
    Pre-tax net operating income $12,697
    Securities gains (or losses, -) $-17
    Income before extraordinary items $9,819
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $9,819
    Minority interest net income $0
    Net income $9,819
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $9,832

    Relyance Bank's gross interest income from loans was $38,801,000.
    Relyance Bank's net interest income from loans was $33,720,000.
    Relyance Bank's fee based income from loans was $2,830,000.
    Relyance Bank's net income from loans was $9,819,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $5,081
    Provision for credit losses $3,264
    Total noninterest expense $26,231
    Salaries and employee benefits $15,173
    Premises and equipment expense $4,085
    Additional noninterest expense $6,973
    Applicable income taxes $2,861
    Net charge-offs $1,686
    Cash dividends $0

    Relyance Bank's interest expense for loans was $5,081,000.
    Relyance Bank's payroll and benefits expense were $15,173,000.
    Relyance Bank's property, plant and equipment expenses $4,085,000.

    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 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $866,870
    Deposits held in domestic offices $866,870
    Deposits by Individuals, partnerships, and corporations $745,067
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $102,232
    Deposits by Commercial banks and other depository institutions in U.S. $19,572
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $33,989
    Demand deposits $4,632
    Nontransaction accounts $832,882
    Money market deposit accounts (MMDAs) $202,236
    Other savings deposits (excluding MMDAs) $469,557
    Total time deposits $161,087
    Total time and savings deposits $862,239
    Noninterest-bearing deposits $207,384
    Interest-bearing deposits $659,486
    Retail deposits $831,284
    IRAs and Keogh plan accounts $22,503
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,007,257
    Cash & Balances due from depository institutions $81,762
    Interest-bearing balances $64,697
    Total securities $93,404
    Federal funds sold & reverse repurchase $3,775
    Net loans and leases $750,247
    Loan and leases loss allowance $7,892
    Trading account assets $0
    Bank premises and fixed assets $22,261
    Other real estate owned $242
    Goodwill and other intangibles $8,069
    All other assets $47,497

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,007,257
    Total Liabilities $884,616
    Total deposits $866,870
    Interest-bearing deposits $659,486
    Deposits held in domestic offices $866,870
    % insured (estimated) $70
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $10,141
    Subordinated debt $0
    All other liabilities $7,605

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $750,247
    Loan and leases loss allowance $7,892
    Total loans and leases (domestic) $758,139
    All real estate loans $570,130
    Real estate loans in domestic offices $570,130
    Construction and development loans $47,947
    Residential 1-4 family construction $14,686
    Other construction, all land development and other land $33,261
    Loans secured by nonfarm nonresidential properties $341,667
    Nonfarm nonresidential secured by owner-occupied properties $78,852
    Commercial real estate & other non-farm, non-residential $262,815
    Multifamily residential real estate $29,570
    1-4 family residential loans $98,545
    Farmland loans $52,401
    Loans held in foreign offices $0
    Farm loans $66,080
    Commercial and industrial loans $111,148
    To non-U.S. addressees $0
    Loans to individuals $7,905
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $1,147
    Other loans to individuals $6,758
    All other loans & leases $2,876
    Loans to foreign governments and official institutions $0
    Other loans $430
    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 $576
    Non 1-4 family restructured loans & leases $339
    Total loans and leases (foreign) $0

    Relyance Bank had $750,247,000 of loans outstanding in 2020. $570,130,000 of loans were in real estate loans. $47,947,000 of loans were in development loans. $29,570,000 of loans were in multifamily mortgage loans. $98,545,000 of loans were in 1-4 family mortgage loans. $66,080,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,147,000 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 266 $55,512 $208,692
    Nonfarm, nonresidential loans - <$100k 96 $3,287 $34,240
    Nonfarm, nonresidential loans - $100-250k 56 $6,772 $120,929
    Nonfarm, nonresidential loans - $250k-1MM 114 $45,453 $398,711
    Commercial & Industrial, US addressed loans - <$1MM 782 $39,463 $50,464
    Commercial & Industrial, US addressed loans - <$100k 607 $14,218 $23,423
    Commercial & Industrial, US addressed loans - $100-250k 114 $11,181 $98,079
    Commercial & Industrial, US addressed loans - $250k-1MM 61 $14,064 $230,557
    Farmland loans - <$1MM 108 $11,895 $110,139
    Farmland loans - <$100k 46 $1,947 $42,326
    Farmland loans - $100-250k 39 $4,003 $102,641
    Farmland loans - $250k-1MM 23 $5,945 $258,478
    Agriculture operations loans - <$1MM 237 $15,349 $64,764
    Agriculture operations loans - <$100k 159 $4,014 $25,245
    Agriculture operations loans - $100-250k 36 $4,058 $112,722
    Agriculture operations loans - $250k-1MM 42 $7,277 $173,262