Greenville Savings Bank Mortgage Rates, Fees & Info

Greenville, PA

LEI: 549300H05YH2B8D1FY15

Tax ID: 25-0361790

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Mortgage Data

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

    Greenville Savings Bank is a smaller bank specializing in Refi and Home Purchase loans. Greenville Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Youngstown, New Castle, Meadville, Pittsburgh, and Oil City among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Greenville Savings Bank has an average approval rate when compared to the average across all lenders. They have a below 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

    269

    Origination Dollar Volume (All Markets)

    $26,915,000

    Employee count

    40

    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
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 194 $19,280,000 $99,381 $0 0.00%
    New Castle, PA (FHA|USDA|VA) 33 $3,575,000 $108,333 $0 0.00%
    Meadville, PA (FHA|USDA|VA) 32 $3,010,000 $94,063 $0 0.00%
    PITTSBURGH, PA (FHA|USDA|VA) 2 $420,000 $210,000 $0 0.00%
    Outside of Metro Areas 4 $390,000 $97,500 $0 0.00%
    Oil City, PA (FHA|USDA|VA) 4 $240,000 $60,000 $0 0.00%
    Greenville Savings Bank's top markets include Youngstown, New Castle, Meadville, Pittsburgh, and Oil City among others.

    Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 269 $26,915,000 $100,056 $0 0.00%

    For 2018, Greenville Savings Bank's most frequently originated type of loan was Conventional, with 269 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 106 $11,070,000 $104,434 $0 0.00%
    Home Purchase 95 $12,105,000 $127,421 $0 0.00%
    Home Improvement 36 $1,450,000 $40,278 $0 0.00%
    Other 32 $2,290,000 $71,563 $0 0.00%

    For 2018, Greenville Savings Bank's most frequently cited loan purpose was Refi, with 106 originations. The 2nd most popular reason was Home Purchase, with 95 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 269 $26,915,000 $100,056 $0 0.00%

    For 2018, Greenville Savings Bank's most frequently cited loan duration was Other, with 269 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 161 $7,845,000 $48,727 $0 0.00%
    $100k-200k 79 $10,975,000 $138,924 $0 0.00%
    $200k-400k 26 $6,510,000 $250,385 $0 0.00%
    $400k-600k 3 $1,585,000 $528,333 $0 0.00%

    2018 saw Greenville Savings Bank place emphasis on $100,000 or less loans with 161 originations, totaling $7,845,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 98 $7,720,000 $78,776 $0 0.00%
    $50k-75k 66 $5,720,000 $86,667 $0 0.00%
    $75k-100k 40 $3,630,000 $90,750 $0 0.00%
    $100k-150k 35 $4,405,000 $125,857 $0 0.00%
    $150k-250k 14 $1,730,000 $123,571 $0 0.00%
    $250k+ 5 $1,265,000 $253,000 $0 0.00%

    Greenville Savings Bank lent most frequently to those with incomes in the $50k or less range, with 98 originations. The second most popular income band? $50k-75k, with 66 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 269 $26,915,000 $100,056 $0 0.00%

    Greenville Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 269 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 261 $25,285,000 $96,877 $0 0.00%
    Not applicable 8 $1,630,000 $203,750 $0 0.00%

    Approval Rates

    Total approvals of all applications
    79.27%

    Greenville Savings Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    86.25%

    Greenville Savings Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 269 $26,915,000 $100,056

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 7 $1,765,000 $252,143
    Single Family (1-4 Units):Manufactured 12 $780,000 $65,000
    Single Family (1-4 Units):Site-Built 250 $24,370,000 $97,480

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Greenville Savings Bank 233 Main Street Greenville, PA 16125 Full Service B&M $91,429
    Greenville Savings Bank 3302 Wilmington Road New Castle, PA 16105 Full Service B&M $28,595
    Greenville Savings Bank 550 North Hermitage Road Hermitage, PA 16148 Full Service B&M $80,833

    For 2018, Greenville Savings Bank had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $9,043
    Net interest income $7,002
    Total noninterest income $451
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $78
    Trading account gains and fees $0
    Additional Noninterest Income $373
    Pre-tax net operating income $2,326
    Securities gains (or losses, -) $0
    Income before extraordinary items $1,858
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $1,858
    Minority interest net income $0
    Net income $1,858
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $1,858

    Greenville Savings Bank's gross interest income from loans was $9,043,000.
    Greenville Savings Bank's net interest income from loans was $7,002,000.
    Greenville Savings Bank's fee based income from loans was $78,000.
    Greenville Savings Bank's net income from loans was $1,858,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,041
    Provision for credit losses $240
    Total noninterest expense $4,887
    Salaries and employee benefits $2,868
    Premises and equipment expense $620
    Additional noninterest expense $1,399
    Applicable income taxes $468
    Net charge-offs $202
    Cash dividends $0

    Greenville Savings Bank's interest expense for loans was $2,041,000.
    Greenville Savings Bank's payroll and benefits expense were $2,868,000.
    Greenville Savings Bank's property, plant and equipment expenses $620,000.

    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 1.0%
    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 $200,595
    Deposits held in domestic offices $200,595
    Deposits by Individuals, partnerships, and corporations $200,595
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $0
    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 $31,640
    Demand deposits $11,580
    Nontransaction accounts $168,955
    Money market deposit accounts (MMDAs) $18,352
    Other savings deposits (excluding MMDAs) $58,894
    Total time deposits $91,709
    Total time and savings deposits $189,015
    Noninterest-bearing deposits $11,580
    Interest-bearing deposits $189,015
    Retail deposits $193,476
    IRAs and Keogh plan accounts $23,938
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $240,974
    Cash & Balances due from depository institutions $10,490
    Interest-bearing balances $9,306
    Total securities $43,127
    Federal funds sold & reverse repurchase $0
    Net loans and leases $174,290
    Loan and leases loss allowance $1,630
    Trading account assets $0
    Bank premises and fixed assets $2,230
    Other real estate owned $90
    Goodwill and other intangibles $25
    All other assets $10,722

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $240,974
    Total Liabilities $207,244
    Total deposits $200,595
    Interest-bearing deposits $189,015
    Deposits held in domestic offices $200,595
    % insured (estimated) $95
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $6,000
    Subordinated debt $0
    All other liabilities $649

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $174,290
    Loan and leases loss allowance $1,630
    Total loans and leases (domestic) $175,920
    All real estate loans $171,859
    Real estate loans in domestic offices $171,859
    Construction and development loans $4,587
    Residential 1-4 family construction $853
    Other construction, all land development and other land $3,734
    Loans secured by nonfarm nonresidential properties $18,642
    Nonfarm nonresidential secured by owner-occupied properties $10,601
    Commercial real estate & other non-farm, non-residential $8,041
    Multifamily residential real estate $2,155
    1-4 family residential loans $146,475
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $2,462
    To non-U.S. addressees $0
    Loans to individuals $1,666
    Credit card loans $0
    Related Plans $383
    Consumer Auto Loans $39
    Other loans to individuals $1,244
    All other loans & leases $2
    Loans to foreign governments and official institutions $0
    Other loans $2
    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 $775
    Non 1-4 family restructured loans & leases $775
    Total loans and leases (foreign) $0

    Greenville Savings Bank had $174,290,000 of loans outstanding in 2018. $171,859,000 of loans were in real estate loans. $4,587,000 of loans were in development loans. $2,155,000 of loans were in multifamily mortgage loans. $146,475,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $39,000 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 124 $18,641 $150,331
    Nonfarm, nonresidential loans - <$100k 54 $1,820 $33,704
    Nonfarm, nonresidential loans - $100-250k 36 $4,210 $116,944
    Nonfarm, nonresidential loans - $250k-1MM 34 $12,611 $370,912
    Commercial & Industrial, US addressed loans - <$1MM 56 $2,461 $43,946
    Commercial & Industrial, US addressed loans - <$100k 47 $773 $16,447
    Commercial & Industrial, US addressed loans - $100-250k 6 $418 $69,667
    Commercial & Industrial, US addressed loans - $250k-1MM 3 $1,270 $423,333