The Campbell & Fetter Bank Mortgage Rates, Fees & Info

Kendallville, IN

LEI: 549300M20N1NQO7LMK11

Tax ID: 35-0843168

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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

    The Campbell & Fetter Bank is a smaller bank specializing in Home Purchase loans. The Campbell & Fetter Bank has a high proportion of conventional loans. Their top markets by origination volume include: Kendallville, Elkhart, Auburn, South Bend, and Angola among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Campbell & Fetter 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.

    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

    180

    Origination Dollar Volume (All Markets)

    $27,450,000

    Employee count

    67

    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
    Kendallville, IN (FHA|USDA|VA) 70 $8,920,000 $127,429 $0 0.00%
    ELKHART-GOSHEN, IN (FHA|USDA|VA) 42 $6,920,000 $164,762 $0 0.00%
    Outside of Metro Areas 17 $3,265,000 $192,059 $0 0.00%
    Auburn, IN (FHA|USDA|VA) 18 $2,540,000 $141,111 $0 0.00%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 4 $1,740,000 $435,000 $0 0.00%
    Angola, IN (FHA|USDA|VA) 9 $1,345,000 $149,444 $0 0.00%
    FORT WAYNE, IN (FHA|USDA|VA) 9 $1,245,000 $138,333 $0 0.00%
    Warsaw, IN (FHA|USDA|VA) 9 $1,125,000 $125,000 $0 0.00%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $205,000 $205,000 $0 0.00%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
    The Campbell & Fetter Bank's top markets include Kendallville, Elkhart, Auburn, South Bend, and Angola among others.

    Their top states include:
  • Indiana (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 180 $27,450,000 $152,500 $0 0.00%

    For 2019, The Campbell & Fetter Bank's most frequently originated type of loan was Conventional, with 180 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 107 $19,185,000 $179,299 $0 0.00%
    Cash Out Refi 42 $5,190,000 $123,571 $0 0.00%
    Home Improvement 12 $1,080,000 $90,000 $0 0.00%
    Other 12 $610,000 $50,833 $0 0.00%
    Refi 7 $1,385,000 $197,857 $0 0.00%

    For 2019, The Campbell & Fetter Bank's most frequently cited loan purpose was Home Purchase, with 107 originations. The 2nd most popular reason was Cash Out Refi, with 42 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 180 $27,450,000 $152,500 $0 0.00%

    For 2019, The Campbell & Fetter Bank's most frequently cited loan duration was Other, with 180 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 73 $10,515,000 $144,041 $0 0.00%
    $100,000 or less 61 $3,345,000 $54,836 $0 0.00%
    $200k-400k 40 $10,380,000 $259,500 $0 0.00%
    $400k-600k 4 $1,810,000 $452,500 $0 0.00%
    $600k-1MM 2 $1,400,000 $700,000 $0 0.00%

    2019 saw The Campbell & Fetter Bank place emphasis on $100k-200k loans with 73 originations, totaling $10,515,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 44 $5,410,000 $122,955 $0 0.00%
    $50k or less 38 $3,650,000 $96,053 $0 0.00%
    $75k-100k 38 $5,220,000 $137,368 $0 0.00%
    $100k-150k 33 $5,985,000 $181,364 $0 0.00%
    $150k-250k 15 $3,945,000 $263,000 $0 0.00%
    $250k+ 8 $2,560,000 $320,000 $0 0.00%

    The Campbell & Fetter Bank lent most frequently to those with incomes in the $50k-75k range, with 44 originations. The second most popular income band? $50k or less, with 38 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 180 $27,450,000 $152,500 $0 0.00%

    The Campbell & Fetter Bank lent most frequently to those with DTI ratios of Exempt%, with 180 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 173 $26,175,000 $151,301 $0 0.00%
    Black 2 $480,000 $240,000 $0 0.00%
    Not provided 2 $400,000 $200,000 $0 0.00%
    Not applicable 2 $290,000 $145,000 $0 0.00%
    Asian 1 $105,000 $105,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.91%

    The Campbell & Fetter Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.89%

    The Campbell & Fetter Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 180 $27,450,000 $152,500

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 11 $885,000 $80,455
    Single Family (1-4 Units):Site-Built 169 $26,565,000 $157,189

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The Campbell & Fetter Bank 1001 West Seventh Street Auburn, IN 46706 Full Service B&M $30,062
    The Campbell & Fetter Bank 126 S. Orchard Street Kendallville, IN 46755 Full Service B&M $95,155
    The Campbell & Fetter Bank 135 East North Street Kendallville, IN 46755 Full Service B&M $9,842
    The Campbell & Fetter Bank 1440 North Wayne Street Angola, IN 46703 Full Service B&M $12,213
    The Campbell & Fetter Bank 2023 Lincolnway East Goshen, IN 46526 Full Service B&M $12,150
    The Campbell & Fetter Bank 304 South Orange Street Albion, IN 46701 Full Service B&M $35,391
    The Campbell & Fetter Bank 901 Lincolnway South Ligonier, IN 46767 Full Service B&M $19,882
    The Campbell & Fetter Bank U.S. Highway 30 And Center Street Warsaw, IN 46580 Full Service B&M $6,432

    For 2019, The Campbell & Fetter Bank had 8 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $10,646
    Net interest income $8,953
    Total noninterest income $829
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $385
    Trading account gains and fees $0
    Additional Noninterest Income $444
    Pre-tax net operating income $2,940
    Securities gains (or losses, -) $0
    Income before extraordinary items $2,382
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $2,382
    Minority interest net income $0
    Net income $2,382
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $2,382

    The Campbell & Fetter Bank's gross interest income from loans was $10,646,000.
    The Campbell & Fetter Bank's net interest income from loans was $8,953,000.
    The Campbell & Fetter Bank's fee based income from loans was $385,000.
    The Campbell & Fetter Bank's net income from loans was $2,382,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,693
    Provision for credit losses $0
    Total noninterest expense $6,842
    Salaries and employee benefits $4,076
    Premises and equipment expense $1,209
    Additional noninterest expense $1,557
    Applicable income taxes $558
    Net charge-offs $20
    Cash dividends $2,603

    The Campbell & Fetter Bank's interest expense for loans was $1,693,000.
    The Campbell & Fetter Bank's payroll and benefits expense were $4,076,000.
    The Campbell & Fetter Bank's property, plant and equipment expenses $1,209,000.

    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 $221,739
    Deposits held in domestic offices $221,739
    Deposits by Individuals, partnerships, and corporations $209,567
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $12,172
    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 $99,006
    Demand deposits $66,291
    Nontransaction accounts $122,733
    Money market deposit accounts (MMDAs) $22,628
    Other savings deposits (excluding MMDAs) $56,381
    Total time deposits $43,724
    Total time and savings deposits $155,448
    Noninterest-bearing deposits $66,291
    Interest-bearing deposits $155,448
    Retail deposits $216,665
    IRAs and Keogh plan accounts $12,586
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $316,463
    Cash & Balances due from depository institutions $43,478
    Interest-bearing balances $41,141
    Total securities $82,413
    Federal funds sold & reverse repurchase $0
    Net loans and leases $180,643
    Loan and leases loss allowance $1,639
    Trading account assets $0
    Bank premises and fixed assets $1,061
    Other real estate owned $0
    Goodwill and other intangibles $50
    All other assets $8,818

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $316,463
    Total Liabilities $286,705
    Total deposits $221,739
    Interest-bearing deposits $155,448
    Deposits held in domestic offices $221,739
    % insured (estimated) $92
    Federal funds purchased and repurchase agreements $50,592
    Trading liabilities $0
    Other borrowed funds $13,000
    Subordinated debt $0
    All other liabilities $1,374

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $180,643
    Loan and leases loss allowance $1,639
    Total loans and leases (domestic) $182,282
    All real estate loans $148,330
    Real estate loans in domestic offices $148,330
    Construction and development loans $1,785
    Residential 1-4 family construction $1,439
    Other construction, all land development and other land $346
    Loans secured by nonfarm nonresidential properties $6,241
    Nonfarm nonresidential secured by owner-occupied properties $3,858
    Commercial real estate & other non-farm, non-residential $2,383
    Multifamily residential real estate $69
    1-4 family residential loans $139,771
    Farmland loans $464
    Loans held in foreign offices $0
    Farm loans $477
    Commercial and industrial loans $11,952
    To non-U.S. addressees $0
    Loans to individuals $18,620
    Credit card loans $0
    Related Plans $100
    Consumer Auto Loans $14,604
    Other loans to individuals $3,916
    All other loans & leases $2,902
    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 $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    The Campbell & Fetter Bank had $180,643,000 of loans outstanding in 2019. $148,330,000 of loans were in real estate loans. $1,785,000 of loans were in development loans. $69,000 of loans were in multifamily mortgage loans. $139,771,000 of loans were in 1-4 family mortgage loans. $477,000 of loans were in farm loans. $0 of loans were in credit card loans. $14,604,000 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 31 $6,241 $201,323
    Nonfarm, nonresidential loans - <$100k 31 $6,241 $201,323
    Commercial & Industrial, US addressed loans - <$1MM 179 $11,952 $66,771
    Commercial & Industrial, US addressed loans - <$100k 179 $11,952 $66,771
    Farmland loans - <$1MM 15 $464 $30,933
    Farmland loans - <$100k 15 $464 $30,933
    Agriculture operations loans - <$1MM 15 $477 $31,800
    Agriculture operations loans - <$100k 15 $477 $31,800