Relyance Bank Mortgage Rates, Fees & Info
Pine Bluff, ARLEI: 549300GCILEV6KJUST91
Tax ID: 71-0764688
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Mortgage Data
Bank Data
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: Hot Springs, Little Rock, Jonesboro, Pine Bluff, and Fayetteville among others. We have data for 11 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 a below average pick rate when compared to similar lenders.
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Originations
145Origination Dollar Volume (All Markets)
$51,455,000Employee count
193Top 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 |
|---|---|---|---|---|---|
| HOT SPRINGS, AR (FHA|USDA|VA) | 43 | $11,575,000 | $269,186 | $0 | 0.00% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 40 | $11,550,000 | $288,750 | $0 | 0.00% |
| JONESBORO, AR (FHA|USDA|VA) | 2 | $11,150,000 | $5,575,000 | $0 | 0.00% |
| PINE BLUFF, AR (FHA|USDA|VA) | 45 | $10,095,000 | $224,333 | $0 | 0.00% |
| Outside of Metro Areas | 6 | $3,220,000 | $536,667 | $0 | 0.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 3 | $1,435,000 | $478,333 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $1,020,000 | $510,000 | $0 | 0.00% |
| Arkadelphia, AR (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 145 | $51,455,000 | $354,862 | $0 | 0.00% |
For 2021, Relyance Bank's most frequently originated type of loan was Conventional, with 145 originations.
Loan Reason
For 2021, Relyance Bank's most frequently cited loan purpose was Home Purchase, with 93 originations. The 2nd most popular reason was Refi, with 36 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 145 | $51,455,000 | $354,862 | $0 | 0.00% |
For 2021, Relyance Bank's most frequently cited loan duration was Other, with 145 originations.
Loan Sizing
2021 saw Relyance Bank place emphasis on $100,000 or less loans with 55 originations, totaling $3,015,000 in origination value.
Applicant Income
Relyance Bank lent most frequently to those with incomes in the $100k-150k range, with 19 originations. The second most popular income band? $50k or less, with 18 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 145 | $51,455,000 | $354,862 | $0 | 0.00% |
Relyance Bank lent most frequently to those with DTI ratios of Exempt%, with 145 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.06%
Relyance Bank has an average approval rate.
Pick Rate
Approvals leading to origination88.97%
Relyance Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 145 | $51,455,000 | $354,862 |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| RELIANCE FIRST CAPITAL LLC | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 3 | 75.0% |
| RELIANCE FIRST CAPITAL LLC | Conventional home 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 | $8,134 |
| Relyance Bank, National Association | 102 South Lincoln St Star City, AR 71667 | Full Service B&M | $34,060 |
| Relyance Bank, National Association | 108 South Main Street Sheridan, AR 72150 | Full Service B&M | $32,873 |
| Relyance Bank, National Association | 11000 Financial Centre Pkwy Little Rock, AR 72211 | Full Service B&M | $11,689 |
| Relyance Bank, National Association | 14220 Cantrell Road Little Rock, AR 72223 | Full Service B&M | $18,301 |
| Relyance Bank, National Association | 1501 East Harding Avenue Pine Bluff, AR 71601 | Full Service B&M | $29,328 |
| Relyance Bank, National Association | 1801 N. Fillmore Street Little Rock, AR 72207 | Full Service B&M | $117,457 |
| Relyance Bank, National Association | 2240 Malvern Avenue Hot Springs, AR 71901 | Full Service B&M | $8,640 |
| Relyance Bank, National Association | 2511 Camden Road Pine Bluff, AR 71603 | Full Service B&M | $53,938 |
| Relyance Bank, National Association | 2804 Hazel Street Pine Bluff, AR 71603 | Full Service B&M | $107,774 |
| Relyance Bank, National Association | 400 Ponce De Leon Hot Springs, AR 71909 | Full Service B&M | $68,717 |
| Relyance Bank, National Association | 4446 Central Avenue Hot Springs, AR 71913 | Full Service B&M | $67,693 |
| Relyance Bank, National Association | 4579 Hwy 7 North Hot Springs, AR 71909 | Full Service B&M | $16,801 |
| Relyance Bank, National Association | 4937 Highway 5 North Bryant, AR 72022 | Full Service B&M | $23,766 |
| Relyance Bank, National Association | 5503 Olive Street Pine Bluff, AR 71603 | Full Service B&M | $8,680 |
| Relyance Bank, National Association | 610 West 4th Street Fordyce, AR 71742 | Full Service B&M | $28,175 |
| Relyance Bank, National Association | 7907 Dollarway Road Whitehall, AR 71601 | Full Service B&M | $112,901 |
| Relyance Bank, National Association | 804 Sheridan Road Redfield, AR 72132 | Full Service B&M | $20,611 |
| Relyance Bank, National Association | 912 South Poplar Street Pine Bluff, AR 71611 | Full Service B&M | $188,169 |
For 2021, Relyance Bank had 20 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $41,183 |
| Net interest income | $38,901 |
| Total noninterest income | $9,748 |
| Gross Fiduciary activities income | $1,567 |
| Service charges on deposit accounts | $2,903 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $5,278 |
| Pre-tax net operating income | $14,601 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $11,185 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $11,185 |
| Minority interest net income | $0 |
| Net income | $11,185 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $11,185 |
Relyance Bank's gross interest income from loans was $41,183,000.
Relyance Bank's net interest income from loans was $38,901,000.
Relyance Bank's fee based income from loans was $2,903,000.
Relyance Bank's net income from loans was $11,185,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $2,282 |
| Provision for credit losses | $2,005 |
| Total noninterest expense | $32,043 |
| Salaries and employee benefits | $17,077 |
| Premises and equipment expense | $4,813 |
| Additional noninterest expense | $10,153 |
| Applicable income taxes | $3,416 |
| Net charge-offs | $69 |
| Cash dividends | $0 |
Relyance Bank's interest expense for loans was $2,282,000.
Relyance Bank's payroll and benefits expense were $17,077,000.
Relyance Bank's property, plant and equipment expenses $4,813,000.
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 | 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 | $962,063 |
| Deposits held in domestic offices | $962,063 |
| Deposits by Individuals, partnerships, and corporations | $836,261 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $105,101 |
| Deposits by Commercial banks and other depository institutions in U.S. | $20,701 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $554,632 |
| Demand deposits | $320,324 |
| Nontransaction accounts | $407,431 |
| Money market deposit accounts (MMDAs) | $209,073 |
| Other savings deposits (excluding MMDAs) | $69,349 |
| Total time deposits | $129,008 |
| Total time and savings deposits | $641,739 |
| Noninterest-bearing deposits | $257,426 |
| Interest-bearing deposits | $704,637 |
| Retail deposits | $936,326 |
| IRAs and Keogh plan accounts | $22,241 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $1,132,006 |
| Cash & Balances due from depository institutions | $50,800 |
| Interest-bearing balances | $35,113 |
| Total securities | $144,156 |
| Federal funds sold & reverse repurchase | $39,900 |
| Net loans and leases | $808,474 |
| Loan and leases loss allowance | $9,838 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $30,897 |
| Other real estate owned | $1,119 |
| Goodwill and other intangibles | $7,943 |
| All other assets | $48,717 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $1,132,006 |
| Total Liabilities | $980,468 |
| Total deposits | $962,063 |
| Interest-bearing deposits | $704,637 |
| Deposits held in domestic offices | $962,063 |
| % insured (estimated) | $67 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $10,076 |
| Subordinated debt | $0 |
| All other liabilities | $8,329 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $808,474 |
| Loan and leases loss allowance | $9,838 |
| Total loans and leases (domestic) | $818,312 |
| All real estate loans | $631,889 |
| Real estate loans in domestic offices | $631,889 |
| Construction and development loans | $65,841 |
| Residential 1-4 family construction | $12,044 |
| Other construction, all land development and other land | $53,797 |
| Loans secured by nonfarm nonresidential properties | $390,988 |
| Nonfarm nonresidential secured by owner-occupied properties | $91,654 |
| Commercial real estate & other non-farm, non-residential | $299,334 |
| Multifamily residential real estate | $31,082 |
| 1-4 family residential loans | $93,958 |
| Farmland loans | $50,020 |
| Loans held in foreign offices | $0 |
| Farm loans | $61,119 |
| Commercial and industrial loans | $116,815 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $7,229 |
| Credit card loans | $0 |
| Related Plans | $0 |
| Consumer Auto Loans | $967 |
| Other loans to individuals | $6,262 |
| All other loans & leases | $1,260 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $635 |
| 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 | $454 |
| Non 1-4 family restructured loans & leases | $280 |
| Total loans and leases (foreign) | $0 |
Relyance Bank had $808,474,000 of loans outstanding in 2021. $631,889,000 of loans were in real estate loans. $65,841,000 of loans were in development loans. $31,082,000 of loans were in multifamily mortgage loans. $93,958,000 of loans were in 1-4 family mortgage loans. $61,119,000 of loans were in farm loans. $0 of loans were in credit card loans. $967,000 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 | 259 | $58,329 | $225,208 |
| Nonfarm, nonresidential loans - <$100k | 82 | $3,047 | $37,159 |
| Nonfarm, nonresidential loans - $100-250k | 62 | $7,358 | $118,677 |
| Nonfarm, nonresidential loans - $250k-1MM | 115 | $47,924 | $416,730 |
| Commercial & Industrial, US addressed loans - <$1MM | 609 | $35,730 | $58,670 |
| Commercial & Industrial, US addressed loans - <$100k | 454 | $9,723 | $21,416 |
| Commercial & Industrial, US addressed loans - $100-250k | 95 | $9,294 | $97,832 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 60 | $16,713 | $278,550 |
| Farmland loans - <$1MM | 123 | $12,682 | $103,106 |
| Farmland loans - <$100k | 62 | $2,775 | $44,758 |
| Farmland loans - $100-250k | 38 | $3,889 | $102,342 |
| Farmland loans - $250k-1MM | 23 | $6,018 | $261,652 |
| Agriculture operations loans - <$1MM | 225 | $15,805 | $70,244 |
| Agriculture operations loans - <$100k | 145 | $3,808 | $26,262 |
| Agriculture operations loans - $100-250k | 37 | $3,998 | $108,054 |
| Agriculture operations loans - $250k-1MM | 43 | $7,999 | $186,023 |