The National Bank Of Coxsackie Mortgage Rates, Fees & Info

Coxsackie, NY

LEI: 549300KOLMR4MSUXQS86

Tax ID: 14-0912110

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Mortgage Data

Bank Data

Review & Overview

The National Bank Of Coxsackie is a smaller bank specializing in Home Purchase loans. The National Bank Of Coxsackie has a high proportion of conventional loans. Their top markets by origination volume include: Albany, Gloversville, Hudson, Glens Falls, and Amsterdam among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)

The National Bank Of Coxsackie 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.

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Originations

346

Origination Dollar Volume (All Markets)

$79,670,000

Employee count

76

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
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 196 $49,000,000 $250,000 $0 0.00%
Outside of Metro Areas 93 $17,225,000 $185,215 $0 0.00%
Gloversville, NY (FHA|USDA|VA) 18 $4,930,000 $273,889 $0 0.00%
Hudson, NY (FHA|USDA|VA) 10 $2,670,000 $267,000 $0 0.00%
GLENS FALLS, NY (FHA|USDA|VA) 7 $1,415,000 $202,143 $0 0.00%
Amsterdam, NY (FHA|USDA|VA) 4 $1,110,000 $277,500 $0 0.00%
Oneonta, NY (FHA|USDA|VA) 5 $935,000 $187,000 $0 0.00%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 2 $510,000 $255,000 $0 0.00%
KINGSTON, NY (FHA|USDA|VA) 3 $495,000 $165,000 $0 0.00%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $435,000 $435,000 $0 0.00%
SYRACUSE, NY (FHA|USDA|VA) 2 $310,000 $155,000 $0 0.00%
UTICA-ROME, NY (FHA|USDA|VA) 2 $190,000 $95,000 $0 0.00%
Malone, NY (FHA|USDA|VA) 1 $175,000 $175,000 $0 0.00%
WILMINGTON, NC (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
Auburn, NY (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
The National Bank Of Coxsackie's top markets include Albany, Gloversville, Hudson, Glens Falls, and Amsterdam among others.

Their top states include:
  • New York (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 346 $79,670,000 $230,260 $0 0.00%

    For 2021, The National Bank Of Coxsackie's most frequently originated type of loan was Conventional, with 346 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 250 $58,980,000 $235,920 $0 0.00%
    Cash Out Refi 53 $13,215,000 $249,340 $0 0.00%
    Refi 21 $4,915,000 $234,048 $0 0.00%
    Home Improvement 16 $1,830,000 $114,375 $0 0.00%
    Other 6 $730,000 $121,667 $0 0.00%

    For 2021, The National Bank Of Coxsackie's most frequently cited loan purpose was Home Purchase, with 250 originations. The 2nd most popular reason was Cash Out Refi, with 53 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 346 $79,670,000 $230,260 $0 0.00%

    For 2021, The National Bank Of Coxsackie's most frequently cited loan duration was Other, with 346 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 142 $21,280,000 $149,859 $0 0.00%
    $200k-400k 108 $29,000,000 $268,519 $0 0.00%
    $100,000 or less 54 $3,520,000 $65,185 $0 0.00%
    $400k-600k 29 $13,595,000 $468,793 $0 0.00%
    $600k-1MM 8 $5,870,000 $733,750 $0 0.00%
    $1MM+ 5 $6,405,000 $1,281,000 $0 0.00%

    2021 saw The National Bank Of Coxsackie place emphasis on $100k-200k loans with 142 originations, totaling $21,280,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 79 $19,305,000 $244,367 $0 0.00%
    $50k-75k 66 $9,430,000 $142,879 $0 0.00%
    $150k-250k 44 $13,910,000 $316,136 $0 0.00%
    $75k-100k 36 $6,270,000 $174,167 $0 0.00%
    $250k+ 25 $12,025,000 $481,000 $0 0.00%
    $50k or less 20 $1,610,000 $80,500 $0 0.00%

    The National Bank Of Coxsackie lent most frequently to those with incomes in the $100k-150k range, with 79 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% 346 $79,670,000 $230,260 $0 0.00%

    The National Bank Of Coxsackie lent most frequently to those with DTI ratios of Exempt%, with 346 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 224 $49,590,000 $221,384 $0 0.00%
    Not applicable 72 $16,570,000 $230,139 $0 0.00%
    Not provided 40 $10,350,000 $258,750 $0 0.00%
    Asian 8 $2,910,000 $363,750 $0 0.00%
    American Indian 1 $145,000 $145,000 $0 0.00%
    Black 1 $105,000 $105,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    75.55%

    The National Bank Of Coxsackie has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    71.39%

    The National Bank Of Coxsackie has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 346 $79,670,000 $230,260

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    346 $79,670,000 $230,260

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The National Bank of Coxsackie 1 North Washington Street Athens, NY 12015 Full Service B&M $35,416
    The National Bank of Coxsackie 20 Faith Plaza Ravena, NY 12143 Full Service B&M $60,793
    The National Bank of Coxsackie 3-7 Reed Street Coxsackie, NY 12051 Full Service B&M $102,986
    The National Bank of Coxsackie 331 Rt 9w Glenmont, NY 12077 Full Service B&M $16,252
    The National Bank of Coxsackie 4507 State Route 30 Middleburgh, NY 12122 Full Service B&M $45,375
    The National Bank of Coxsackie 6500 Rt 81 Greenville, NY 12083 Full Service B&M $69,644
    The National Bank of Coxsackie 76 Main Street Cairo, NY 12413 Full Service B&M $38,400
    The National Bank of Coxsackie Route 385 And State Route 9w West Coxsackie, NY 12192 Full Service B&M $40,627

    For 2021, The National Bank Of Coxsackie had 8 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $15,808
    Net interest income $15,302
    Total noninterest income $1,398
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $373
    Trading account gains and fees $0
    Additional Noninterest Income $1,025
    Pre-tax net operating income $5,206
    Securities gains (or losses, -) $-26
    Income before extraordinary items $4,363
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $4,363
    Minority interest net income $0
    Net income $4,363
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $4,384

    The National Bank Of Coxsackie's gross interest income from loans was $15,808,000.
    The National Bank Of Coxsackie's net interest income from loans was $15,302,000.
    The National Bank Of Coxsackie's fee based income from loans was $373,000.
    The National Bank Of Coxsackie's net income from loans was $4,363,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $506
    Provision for credit losses $825
    Total noninterest expense $10,669
    Salaries and employee benefits $5,861
    Premises and equipment expense $1,447
    Additional noninterest expense $3,361
    Applicable income taxes $817
    Net charge-offs $40
    Cash dividends $990

    The National Bank Of Coxsackie's interest expense for loans was $506,000.
    The National Bank Of Coxsackie's payroll and benefits expense were $5,861,000.
    The National Bank Of Coxsackie's property, plant and equipment expenses $1,447,000.

    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 $404,437
    Deposits held in domestic offices $404,437
    Deposits by Individuals, partnerships, and corporations $279,570
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $124,867
    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 $141,557
    Demand deposits $125,854
    Nontransaction accounts $262,880
    Money market deposit accounts (MMDAs) $126,008
    Other savings deposits (excluding MMDAs) $121,436
    Total time deposits $15,435
    Total time and savings deposits $278,583
    Noninterest-bearing deposits $125,854
    Interest-bearing deposits $278,583
    Retail deposits $403,635
    IRAs and Keogh plan accounts $12,413
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $466,805
    Cash & Balances due from depository institutions $7,977
    Interest-bearing balances $1,099
    Total securities $167,989
    Federal funds sold & reverse repurchase $114
    Net loans and leases $280,279
    Loan and leases loss allowance $3,540
    Trading account assets $0
    Bank premises and fixed assets $5,395
    Other real estate owned $241
    Goodwill and other intangibles $0
    All other assets $4,810

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $466,805
    Total Liabilities $428,650
    Total deposits $404,437
    Interest-bearing deposits $278,583
    Deposits held in domestic offices $404,437
    % insured (estimated) $64
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $22,500
    Subordinated debt $0
    All other liabilities $1,713

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $280,279
    Loan and leases loss allowance $3,540
    Total loans and leases (domestic) $283,819
    All real estate loans $254,351
    Real estate loans in domestic offices $254,351
    Construction and development loans $23,716
    Residential 1-4 family construction $19,467
    Other construction, all land development and other land $4,249
    Loans secured by nonfarm nonresidential properties $49,497
    Nonfarm nonresidential secured by owner-occupied properties $26,992
    Commercial real estate & other non-farm, non-residential $22,505
    Multifamily residential real estate $10,401
    1-4 family residential loans $170,737
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $22,529
    To non-U.S. addressees $0
    Loans to individuals $7,660
    Credit card loans $0
    Related Plans $175
    Consumer Auto Loans $5,477
    Other loans to individuals $2,008
    All other loans & leases $0
    Loans to foreign governments and official institutions $0
    Other loans $0
    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 $502
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    The National Bank of Coxsackie had $280,279,000 of loans outstanding in 2021. $254,351,000 of loans were in real estate loans. $23,716,000 of loans were in development loans. $10,401,000 of loans were in multifamily mortgage loans. $170,737,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $5,477,000 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 150 $28,962 $193,080
    Nonfarm, nonresidential loans - <$100k 28 $842 $30,071
    Nonfarm, nonresidential loans - $100-250k 58 $6,390 $110,172
    Nonfarm, nonresidential loans - $250k-1MM 64 $21,730 $339,531
    Commercial & Industrial, US addressed loans - <$1MM 1,807 $18,596 $10,291
    Commercial & Industrial, US addressed loans - <$100k 1,612 $7,565 $4,693
    Commercial & Industrial, US addressed loans - $100-250k 139 $4,647 $33,432
    Commercial & Industrial, US addressed loans - $250k-1MM 56 $6,384 $114,000