First Citizens Community Bank Mortgage Rates, Fees & Info

Mansfield, PA

LEI: 549300GZN0GWYE1KDB94

Tax ID: 24-0652238

5 stars - out of 5 stars, based on 26 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

First Citizens Community Bank is a smaller bank specializing in Home Purchase and Refi loans. First Citizens Community Bank has a high proportion of conventional loans. Their top markets include Philadelphia, Sayre, State College, Salisbury, and Lebanon among others. First Citizens Community Bank has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. First Citizens Community Bank is typically a low fee lendor.


Originations

658

Origination Dollar Volume (All Markets)

$156,470,000

Employee count

293 Show all (6) awards

Relative Rate

First Citizens Community Bank's average 30 year fixed rate mortgage of loans were 3.3%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of 0.15%.

Relative Fees

First Citizens Community Bank's average total fees for a 30 year fixed rate mortgage are $3,253.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 55 $45,985,000 $836,091 $4,004 3.70%
Outside of Metro Areas 221 $27,415,000 $124,050 $2,339 3.95%
Sayre, PA (FHA|USDA|VA) 137 $21,175,000 $154,562 $3,094 3.50%
STATE COLLEGE, PA (FHA|USDA|VA) 44 $12,180,000 $276,818 $3,322 3.05%
SALISBURY, MD-DE (FHA|USDA|VA) 8 $11,250,000 $1,406,250 $14,744 3.84%
LEBANON, PA (FHA|USDA|VA) 47 $8,435,000 $179,468 $3,098 3.07%
Pottsville, PA (FHA|USDA|VA) 41 $6,265,000 $152,805 $3,021 2.92%
DOVER, DE (FHA|USDA|VA) 9 $4,545,000 $505,000 $2,269 3.51%
LANCASTER, PA (FHA|USDA|VA) 18 $4,520,000 $251,111 $2,785 3.32%
READING, PA (FHA|USDA|VA) 19 $3,695,000 $194,474 $3,487 2.85%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 9 $2,355,000 $261,667 $5,356 3.61%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 6 $1,240,000 $206,667 $4,218 3.10%
Lock Haven, PA (FHA|USDA|VA) 7 $1,085,000 $155,000 $4,115 3.23%
WILLIAMSPORT, PA (FHA|USDA|VA) 5 $1,055,000 $211,000 $2,678 3.42%
BINGHAMTON, NY (FHA|USDA|VA) 6 $980,000 $163,333 $3,487 3.29%
ROCHESTER, NY (FHA|USDA|VA) 2 $730,000 $365,000 $3,233 3.44%
ELMIRA, NY (FHA|USDA|VA) 5 $595,000 $119,000 $2,257 3.73%
Lewisburg, PA (FHA|USDA|VA) 3 $525,000 $175,000 $3,734 3.17%
Sunbury, PA (FHA|USDA|VA) 2 $510,000 $255,000 $5,350 3.38%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 4 $450,000 $112,500 $4,344 3.66%
Somerset, PA (FHA|USDA|VA) 2 $300,000 $150,000 $3,877 3.63%
YORK-HANOVER, PA (FHA|USDA|VA) 3 $295,000 $98,333 $0 3.25%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $285,000 $285,000 $3,980 3.00%
ALTOONA, PA (FHA|USDA|VA) 1 $205,000 $205,000 $0 4.38%
ITHACA, NY (FHA|USDA|VA) 1 $185,000 $185,000 $3,227 3.00%
PITTSBURGH, PA (FHA|USDA|VA) 1 $125,000 $125,000 $2,739 2.13%
Bradford, PA (FHA|USDA|VA) 1 $85,000 $85,000 $3,258 2.25%

First Citizens Community Bank's top markets include Philadelphia, Sayre, State College, Salisbury, and Lebanon among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 658 $156,470,000 $237,796 $2,982 3.54%

For the 2021 period, First Citizens Community Bank's most frequently originated loan type of loans were Conventional, with 658 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 308 $93,900,000 $304,870 $4,158 3.71%
Refi 158 $38,470,000 $243,481 $2,799 3.02%
Cash Out Refi 128 $18,080,000 $141,250 $2,360 3.36%
Home Improvement 33 $3,935,000 $119,242 $1,258 4.40%
Other 31 $2,085,000 $67,258 $869 4.35%

For the 2021, First Citizens Community Bank's most frequently cited loan purpose of loans were Home Purchase, with 308 originations. The 2nd most popular reason of loans were Refi, with 158 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 202 $41,300,000 $204,455 $3,253 3.30%
15 Year 164 $21,910,000 $133,598 $2,501 2.99%
20 Year 97 $18,495,000 $190,670 $2,867 3.76%
10 Year 67 $10,985,000 $163,955 $1,018 4.55%
5 Year 50 $36,610,000 $732,200 $256 4.10%
Other 38 $6,440,000 $169,474 $2,482 4.09%
30+ year 32 $12,480,000 $390,000 $8,559 3.42%
3 Year 5 $7,505,000 $1,501,000 $294 4.20%
1 Year 3 $745,000 $248,333 $0 4.25%

For the 2021, First Citizens Community Bank's most frequently cited loan length of loans were 30 Year, with 202 originations. The 2nd most popular length of loans were 15 Year, with 164 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 433 $66,855,000 $154,400
$1k-2k 25 $5,295,000 $211,800
$3k-4k 14 $4,300,000 $307,143
$2k-3k 12 $2,210,000 $184,167
$5k+ 6 $5,740,000 $956,667

$3,253 of loans were First Citizens Community Bank's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 433 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 213 $73,015,000 $342,793
2.5-3% 147 $27,245,000 $185,340
4-5% 147 $35,345,000 $240,442
<2.5% 115 $18,585,000 $161,609
5-6% 20 $1,420,000 $71,000
Over 8% 9 $325,000 $36,111
6-7% 5 $305,000 $61,000
7-8% 2 $230,000 $115,000

During 2021, First Citizens Community Bank's average interest rate of loans were 3.30%, while their most frequently originated rate bucket of loans were 3-4%, with 213 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 235 $34,335,000 $146,106 $2,986 3.26%
$100,000 or less 205 $11,595,000 $56,561 $1,425 4.10%
$200k-400k 165 $43,585,000 $264,152 $3,867 3.20%
$400k-600k 27 $13,475,000 $499,074 $5,446 3.43%
$1MM+ 14 $43,880,000 $3,134,286 $22,570 4.00%
$600k-1MM 12 $9,600,000 $800,000 $12,453 3.89%

2021 saw First Citizens Community Bank place emphasis on $100k-200k loans with 235 originations, totaling $34,335,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 124 $22,260,000 $179,516 $3,204 3.24%
$50k-75k 116 $14,560,000 $125,517 $2,657 3.44%
$75k-100k 109 $16,805,000 $154,174 $3,027 3.47%
$50k or less 95 $7,285,000 $76,684 $1,855 3.87%
$150k-250k 59 $14,345,000 $243,136 $3,895 3.34%
$250k+ 48 $18,090,000 $376,875 $5,745 3.41%

First Citizens Community Bank lent most frequently to those with incomes in the $100k-150k range, with 124 originations. The second most popular income band? $50k-75k, with 116 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 163 $26,965,000 $165,429 $3,036 3.19%
30-36% 113 $17,355,000 $153,584 $2,694 3.45%
<20% 74 $12,230,000 $165,270 $2,613 3.11%
42% 20 $2,930,000 $146,500 $2,846 3.65%
36% 19 $1,955,000 $102,895 $1,753 4.01%
38% 17 $2,805,000 $165,000 $2,737 3.37%
39% 17 $2,405,000 $141,471 $3,039 3.22%
40% 17 $2,525,000 $148,529 $3,445 4.06%
41% 16 $2,420,000 $151,250 $2,990 3.77%
37% 14 $2,050,000 $146,429 $3,194 3.94%
50-60% 7 $2,545,000 $363,571 $2,774 4.55%
43% 7 $1,275,000 $182,143 $2,826 3.59%
45% 5 $625,000 $125,000 $3,053 3.95%
44% 4 $760,000 $190,000 $4,701 3.59%
>60% 3 $3,085,000 $1,028,333 $20,089 4.41%
47% 2 $430,000 $215,000 $5,057 4.56%
48% 2 $510,000 $255,000 $3,641 3.87%
49% 2 $1,050,000 $525,000 $12,229 4.19%
46% 1 $125,000 $125,000 $2,834 3.25%

First Citizens Community Bank lent most frequently to those with DTI ratios of 20-30%, with 163 originations. The next most common DTI ratio? 30-36%, with 113 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 566 $95,760,000 $169,187 $2,995 3.46%
Not applicable 81 $57,445,000 $709,198 $0 4.10%
Asian 5 $2,405,000 $481,000 $2,815 3.53%
Black 5 $835,000 $167,000 $2,210 3.30%
American Indian 1 $25,000 $25,000 $307 2.99%

Approval Rates

Total approvals of all applications
89.38%

First Citizens Community Bank has an average approval rate.

Pick Rate

Approvals leading to origination
85.20%

First Citizens Community Bank has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
436.51 1 $15,000 $15,000
466.11 2 $70,000 $35,000
61.11 1 $35,000 $35,000
61.51 3 $75,000 $25,000
66.11 3 $165,000 $55,000
NA 648 $156,110,000 $240,910

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
658 $156,470,000 $237,796

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 61 $7,505,000 $123,033 $1,880 3.91%
40-60% 121 $38,855,000 $321,116 $2,754 3.33%
60-80% 300 $79,660,000 $265,533 $3,462 3.52%
80-100% 138 $26,930,000 $195,145 $3,554 3.40%
Over 100% 2 $1,310,000 $655,000 $0 4.18%
Under 20% 36 $2,210,000 $61,389 $555 4.28%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
FIRST CITIZENS BANCSHARES, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 7.1%
FIRST CITIZENS BANCSHARES, INC. Conventional home mortgage Struggling to pay mortgage 1 7.1%
FIRST CITIZENS BANCSHARES, INC. Conventional home mortgage Trouble during payment process 1 7.1%
FIRST CITIZENS BANCSHARES, INC. FHA mortgage Closing on a mortgage 1 7.1%
FIRST CITIZENS BANCSHARES, INC. FHA mortgage Struggling to pay mortgage 1 7.1%
FIRST CITIZENS BANCSHARES, INC. Other type of mortgage Struggling to pay mortgage 1 7.1%
FIRST CITIZENS BANCSHARES, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 2 14.3%
FIRST CITIZENS BANCSHARES, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 3 21.4%
FIRST CITIZENS BANCSHARES, INC. Conventional home mortgage Closing on a mortgage 2 14.3%
FIRST CITIZENS BANCSHARES, INC. Conventional home mortgage Incorrect information on your report 1 7.1%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
First Citizens Community Bank 2 Wal-Mart Plaza Mansfield, PA 16933 Full Service Retail $8,947
First Citizens Community Bank 1 Pearl Street Wellsboro, PA 16901 Full Service B&M $139,442
First Citizens Community Bank 10 South Main Street Wellsville, NY 14895 Full Service B&M $44,415
First Citizens Community Bank 1015 Dry Tavern Road Suite A Denver, PA 17517 Full Service B&M $20,233
First Citizens Community Bank 111-113 Main Street Towanda, PA 18848 Full Service B&M $68,087
First Citizens Community Bank 1133 West Main Street Troy, PA 16947 Full Service B&M $72,080
First Citizens Community Bank 1157 Westbranch Hwy, 1st Floor Winfield, PA 17889 Full Service B&M $0
First Citizens Community Bank 141 West Beaver Avenue State College, PA 16801 Full Service B&M $61,944
First Citizens Community Bank 15 S Main St Mansfield, PA 16933 Full Service B&M $196,589
First Citizens Community Bank 1549 Route 443 Friedensburg, PA 17933 Full Service B&M $36,604
First Citizens Community Bank 1690 N. 7th Street, Lebanon, PA 17046 Full Service B&M $66,095
First Citizens Community Bank 1778 Elmira Street Sayre, PA 18840 Full Service B&M $25,073
First Citizens Community Bank 584 North Dupont Highway Dover, DE 19901 Full Service B&M $34,405
First Citizens Community Bank 720 East Main Street Mount Joy, PA 17552 Full Service B&M $29,050
First Citizens Community Bank 7352 Route 328 Millerton, PA 16936 Full Service B&M $20,679
First Citizens Community Bank 741 West Cypress Street Kennett Square, PA 19348 Full Service B&M $8,308
First Citizens Community Bank 7635 Lancaster Avenue Mount Aetna, PA 19544 Full Service B&M $71,646
First Citizens Community Bank 847 Main Street Rome, PA 18837 Full Service B&M $11,559
First Citizens Community Bank 960 Main Street Le Raysville, PA 18829 Full Service B&M $39,728
First Citizens Community Bank 2901 Concord Pike Wilmington, DE 19803 Full Service B&M $37,565
First Citizens Community Bank 300 Main Street Blossburg, PA 16912 Full Service B&M $63,406
First Citizens Community Bank 3016 South Pine Grove Street Fredericksburg, PA 17026 Full Service B&M $89,240
First Citizens Community Bank 306 West Lockhart Street Sayre, PA 18840 Full Service B&M $73,666
First Citizens Community Bank 33178 Route 14 Gillett, PA 16925 Full Service B&M $14,607
First Citizens Community Bank 39 King Arthur Drive Mill Hall, PA 17751 Full Service B&M $22,560
First Citizens Community Bank 391 Main Street Genesee, PA 16923 Full Service B&M $37,572
First Citizens Community Bank 45 West Main Street Schuylkill Haven, PA 17972 Full Service B&M $19,045
First Citizens Community Bank 450 Isabel Drive Lebanon, PA 17042 Full Service B&M $67,708
First Citizens Community Bank 4900 Kirkwood Highway Wilmington, DE 19808 Full Service B&M $139,860
First Citizens Community Bank 502 Main Street Ulysses, PA 16948 Full Service B&M $54,199
First Citizens Community Bank 53 West Main Street Canton, PA 17724 Full Service B&M $125,499

For 2021, First Citizens Community Bank had 31 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $73,178
Net interest income $66,637
Total noninterest income $11,948
Gross Fiduciary activities income $865
Service charges on deposit accounts $1,910
Trading account gains and fees $0
Additional Noninterest Income $9,173
Pre-tax net operating income $35,842
Securities gains (or losses, -) $267
Income before extraordinary items $29,738
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $29,738
Minority interest net income $0
Net income $29,738
Sale, conversion, retirement of capital stock, net $0
Net operating income $29,519

First Citizens Community Bank's gross interest income from loans was $73,178,000.
First Citizens Community Bank's net interest income from loans was $66,637,000.
First Citizens Community Bank's fee based income from loans was $1,910,000.
First Citizens Community Bank's net income from loans was $29,738,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $6,541
Provision for credit losses $1,550
Total noninterest expense $41,193
Salaries and employee benefits $25,902
Premises and equipment expense $3,486
Additional noninterest expense $11,805
Applicable income taxes $6,371
Net charge-offs $61
Cash dividends $8,994

First Citizens Community Bank's interest expense for loans was $6,541,000.
First Citizens Community Bank's payroll and benefits expense were $25,902,000.
First Citizens Community Bank's property, plant and equipment expenses $3,486,000.

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 $1,852,511
Deposits held in domestic offices $1,852,511
Deposits by Individuals, partnerships, and corporations $1,516,036
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $335,233
Deposits by Commercial banks and other depository institutions in U.S. $1,242
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $211,396
Demand deposits $137,404
Nontransaction accounts $1,641,115
Money market deposit accounts (MMDAs) $350,122
Other savings deposits (excluding MMDAs) $961,376
Total time deposits $329,617
Total time and savings deposits $1,715,107
Noninterest-bearing deposits $373,188
Interest-bearing deposits $1,479,323
Retail deposits $1,759,119
IRAs and Keogh plan accounts $55,703
Brokered deposits $15,282
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $2,140,937
Cash & Balances due from depository institutions $183,484
Interest-bearing balances $169,760
Total securities $412,522
Federal funds sold & reverse repurchase $0
Net loans and leases $1,428,783
Loan and leases loss allowance $17,304
Trading account assets $0
Bank premises and fixed assets $20,280
Other real estate owned $1,180
Goodwill and other intangibles $33,003
All other assets $61,685

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $2,140,937
Total Liabilities $1,928,880
Total deposits $1,852,511
Interest-bearing deposits $1,479,323
Deposits held in domestic offices $1,852,511
% insured (estimated) $60
Federal funds purchased and repurchase agreements $16,872
Trading liabilities $0
Other borrowed funds $39,725
Subordinated debt $0
All other liabilities $19,772

Issued Loan Types

Type Value (in 000's)
Net loans and leases $1,428,783
Loan and leases loss allowance $17,304
Total loans and leases (domestic) $1,446,087
All real estate loans $1,254,105
Real estate loans in domestic offices $1,254,105
Construction and development loans $55,036
Residential 1-4 family construction $6,535
Other construction, all land development and other land $48,501
Loans secured by nonfarm nonresidential properties $456,584
Nonfarm nonresidential secured by owner-occupied properties $171,363
Commercial real estate & other non-farm, non-residential $285,221
Multifamily residential real estate $73,215
1-4 family residential loans $356,559
Farmland loans $312,711
Loans held in foreign offices $0
Farm loans $44,407
Commercial and industrial loans $70,160
To non-U.S. addressees $0
Loans to individuals $26,688
Credit card loans $0
Related Plans $1,960
Consumer Auto Loans $25
Other loans to individuals $24,703
All other loans & leases $50,727
Loans to foreign governments and official institutions $0
Other loans $3,365
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $2,747
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $9,351
Non 1-4 family restructured loans & leases $8,772
Total loans and leases (foreign) $0

First Citizens Community Bank had $1,428,783,000 of loans outstanding in 2021. $1,254,105,000 of loans were in real estate loans. $55,036,000 of loans were in development loans. $73,215,000 of loans were in multifamily mortgage loans. $356,559,000 of loans were in 1-4 family mortgage loans. $44,407,000 of loans were in farm loans. $0 of loans were in credit card loans. $25,000 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 698 $140,674 $201,539
Nonfarm, nonresidential loans - <$100k 202 $7,605 $37,649
Nonfarm, nonresidential loans - $100-250k 222 $25,837 $116,383
Nonfarm, nonresidential loans - $250k-1MM 274 $107,232 $391,358
Commercial & Industrial, US addressed loans - <$1MM 561 $44,933 $80,094
Commercial & Industrial, US addressed loans - <$100k 385 $9,278 $24,099
Commercial & Industrial, US addressed loans - $100-250k 106 $10,570 $99,717
Commercial & Industrial, US addressed loans - $250k-1MM 70 $25,085 $358,357
Farmland loans - <$1MM 619 $89,606 $144,759
Farmland loans - <$100k 236 $9,044 $38,322
Farmland loans - $100-250k 180 $23,535 $130,750
Farmland loans - $250k-1MM 203 $57,027 $280,921
Agriculture operations loans - <$1MM 403 $20,512 $50,898
Agriculture operations loans - <$100k 303 $8,288 $27,353
Agriculture operations loans - $100-250k 76 $7,441 $97,908
Agriculture operations loans - $250k-1MM 24 $4,783 $199,292