Standard Bank Pasb Mortgage Rates, Fees & Info
Murrysville, PALEI: 549300OYKQOTFQTAV150
Tax ID: 25-0814030
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Mortgage Data
Bank Data
Review & Overview
Standard Bank Pasb is a smaller bank specializing in Refi and Home Purchase loans. Standard Bank Pasb has a high proportion of conventional loans. Their top markets by origination volume include: Pittsburgh, Cumberland, Somerset, Baltimore, and Johnstown among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)Standard Bank Pasb has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
538Origination Dollar Volume (All Markets)
$71,120,000Employee count
158Top 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 |
|---|---|---|---|---|---|
| PITTSBURGH, PA (FHA|USDA|VA) | 425 | $60,535,000 | $142,435 | $0 | 0.00% |
| CUMBERLAND, MD-WV (FHA|USDA|VA) | 81 | $7,205,000 | $88,951 | $0 | 0.00% |
| Outside of Metro Areas | 19 | $1,925,000 | $101,316 | $0 | 0.00% |
| Somerset, PA (FHA|USDA|VA) | 7 | $845,000 | $120,714 | $0 | 0.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
| JOHNSTOWN, PA (FHA|USDA|VA) | 3 | $95,000 | $31,667 | $0 | 0.00% |
| New Castle, PA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Standard Bank PaSB based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 538 | $71,120,000 | $132,193 | $0 | 0.00% |
For 2018, Standard Bank Pasb's most frequently originated type of loan was Conventional, with 538 originations.
Loan Reason
For 2018, Standard Bank Pasb's most frequently cited loan purpose was Refi, with 210 originations. The 2nd most popular reason was Home Purchase, with 202 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 538 | $71,120,000 | $132,193 | $0 | 0.00% |
For 2018, Standard Bank Pasb's most frequently cited loan duration was Other, with 538 originations.
Loan Sizing
2018 saw Standard Bank Pasb place emphasis on $100,000 or less loans with 302 originations, totaling $15,040,000 in origination value.
Applicant Income
Standard Bank Pasb lent most frequently to those with incomes in the $50k or less range, with 104 originations. The second most popular income band? $50k-75k, with 99 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 538 | $71,120,000 | $132,193 | $0 | 0.00% |
Standard Bank Pasb lent most frequently to those with DTI ratios of Exempt%, with 538 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.78%
Standard Bank Pasb has an average approval rate.
Pick Rate
Approvals leading to origination91.82%
Standard Bank Pasb has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 538 | $71,120,000 | $132,193 |
Occupancy Type Mix
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| STANDARD MORTGAGE CORPORATION | Conventional home mortgage | Trouble during payment process | 2 | 66.7% |
| STANDARD MORTGAGE CORPORATION | VA mortgage | Trouble during payment process | 1 | 33.3% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Standard Bank, PaSB | 100 Pittsburgh Street Scottdale, PA 15683 | Full Service B&M | $43,240 |
| Standard Bank, PaSB | 1275 National Highway Cumberland, MD 21502 | Full Service B&M | $62,098 |
| Standard Bank, PaSB | 200 North Mechanic Street Cumberland, MD 21502 | Full Service B&M | $6,199 |
| Standard Bank, PaSB | 2000 Mt Troy Road Pittsburgh, PA 15212 | Full Service B&M | $34,528 |
| Standard Bank, PaSB | 211 West Main St Ligonier, PA 15658 | Full Service B&M | $36,881 |
| Standard Bank, PaSB | 2640 Monroeville Boulevard Monroeville, PA 15146 | Full Service Cyber Office | $0 |
| Standard Bank, PaSB | 2640 Monroeville Boulevard Monroeville, PA 15146 | Limited, Administrative | $0 |
| Standard Bank, PaSB | 2640 Monroeville Boulevard Monroeville, PA 15146 | Full Service B&M | $107,691 |
| Standard Bank, PaSB | 3945 Center Street Hyndman, PA 15545 | Full Service B&M | $26,548 |
| Standard Bank, PaSB | 4 Parkway Ctr, Ste 100, 875 Greentre Pittsburgh, PA 15220 | Full Service B&M | $13,555 |
| Standard Bank, PaSB | 428 Forbes Avenue Pittsburgh, PA 15219 | Full Service B&M | $33,399 |
| Standard Bank, PaSB | 4785 Old William Penn Highway Murrysville, PA 15668 | Full Service B&M | $54,077 |
| Standard Bank, PaSB | 5137 Butler Street Pittsburgh, PA 15201 | Full Service B&M | $85,342 |
| Standard Bank, PaSB | 5150 State Route 30 Greensburg, PA 15601 | Full Service B&M | $15,847 |
| Standard Bank, PaSB | 659 W Main Street Mount Pleasant, PA 15666 | Full Service B&M | $75,324 |
| Standard Bank, PaSB | 7703 Mcknight Road Pittsburgh, PA 15237 | Full Service B&M | $22,904 |
| Standard Bank, PaSB | 900 Mount Royal Boulevard Pittsburgh, PA 15223 | Full Service B&M | $71,139 |
| Standard Bank, PaSB | Freeport Road And Center Avenue Blawnox, PA 15238 | Full Service B&M | $30,652 |
For 2018, Standard Bank Pasb had 18 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $36,733 |
| Net interest income | $29,280 |
| Total noninterest income | $4,539 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $1,160 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $3,379 |
| Pre-tax net operating income | $11,354 |
| Securities gains (or losses, -) | $-33 |
| Income before extraordinary items | $9,002 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $9,002 |
| Minority interest net income | $0 |
| Net income | $9,002 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $9,028 |
Standard Bank Pasb's gross interest income from loans was $36,733,000.
Standard Bank Pasb's net interest income from loans was $29,280,000.
Standard Bank Pasb's fee based income from loans was $1,160,000.
Standard Bank Pasb's net income from loans was $9,002,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $7,453 |
| Provision for credit losses | $584 |
| Total noninterest expense | $21,881 |
| Salaries and employee benefits | $12,453 |
| Premises and equipment expense | $2,494 |
| Additional noninterest expense | $6,934 |
| Applicable income taxes | $2,319 |
| Net charge-offs | $380 |
| Cash dividends | $2,000 |
Standard Bank Pasb's interest expense for loans was $7,453,000.
Standard Bank Pasb's payroll and benefits expense were $12,453,000.
Standard Bank Pasb's property, plant and equipment expenses $2,494,000.
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 | 1.0% |
| Credit card loans | 0.5% |
| Other individual loans | 2.0% |
| Auto loans | 0.0% |
| Other consumer loans | 2.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $719,957 |
| Deposits held in domestic offices | $719,957 |
| Deposits by Individuals, partnerships, and corporations | $694,712 |
| Deposits by U.S. Government | $1 |
| Deposits by States and political subdivisions in the U.S. | $25,244 |
| 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 | $237,954 |
| Demand deposits | $137,767 |
| Nontransaction accounts | $482,003 |
| Money market deposit accounts (MMDAs) | $87,610 |
| Other savings deposits (excluding MMDAs) | $147,695 |
| Total time deposits | $246,696 |
| Total time and savings deposits | $582,190 |
| Noninterest-bearing deposits | $137,767 |
| Interest-bearing deposits | $582,190 |
| Retail deposits | $673,233 |
| IRAs and Keogh plan accounts | $42,880 |
| Brokered deposits | $10,435 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $971,332 |
| Cash & Balances due from depository institutions | $16,409 |
| Interest-bearing balances | $5,927 |
| Total securities | $149,666 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $729,085 |
| Loan and leases loss allowance | $4,406 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $7,545 |
| Other real estate owned | $486 |
| Goodwill and other intangibles | $28,798 |
| All other assets | $39,343 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $971,332 |
| Total Liabilities | $836,881 |
| Total deposits | $719,957 |
| Interest-bearing deposits | $582,190 |
| Deposits held in domestic offices | $719,957 |
| % insured (estimated) | $83 |
| Federal funds purchased and repurchase agreements | $2,145 |
| Trading liabilities | $0 |
| Other borrowed funds | $109,487 |
| Subordinated debt | $0 |
| All other liabilities | $5,292 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $729,085 |
| Loan and leases loss allowance | $4,406 |
| Total loans and leases (domestic) | $733,491 |
| All real estate loans | $680,791 |
| Real estate loans in domestic offices | $680,791 |
| Construction and development loans | $16,723 |
| Residential 1-4 family construction | $6,073 |
| Other construction, all land development and other land | $10,650 |
| Loans secured by nonfarm nonresidential properties | $179,904 |
| Nonfarm nonresidential secured by owner-occupied properties | $54,245 |
| Commercial real estate & other non-farm, non-residential | $125,659 |
| Multifamily residential real estate | $31,229 |
| 1-4 family residential loans | $452,413 |
| Farmland loans | $522 |
| Loans held in foreign offices | $0 |
| Farm loans | $0 |
| Commercial and industrial loans | $42,499 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $1,172 |
| Credit card loans | $616 |
| Related Plans | $269 |
| Consumer Auto Loans | $1 |
| Other loans to individuals | $286 |
| All other loans & leases | $9,255 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $94 |
| 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 |
Standard Bank PaSB had $729,085,000 of loans outstanding in 2018. $680,791,000 of loans were in real estate loans. $16,723,000 of loans were in development loans. $31,229,000 of loans were in multifamily mortgage loans. $452,413,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $616,000 of loans were in credit card loans. $1,000 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 | 483 | $79,243 | $164,064 |
| Nonfarm, nonresidential loans - <$100k | 187 | $7,708 | $41,219 |
| Nonfarm, nonresidential loans - $100-250k | 139 | $14,317 | $103,000 |
| Nonfarm, nonresidential loans - $250k-1MM | 157 | $57,218 | $364,446 |
| Commercial & Industrial, US addressed loans - <$1MM | 657 | $25,988 | $39,556 |
| Commercial & Industrial, US addressed loans - <$100k | 557 | $8,286 | $14,876 |
| Commercial & Industrial, US addressed loans - $100-250k | 47 | $3,291 | $70,021 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 53 | $14,411 | $271,906 |
| Farmland loans - <$1MM | 3 | $522 | $174,000 |
| Farmland loans - $100-250k | 1 | $35 | $35,000 |
| Farmland loans - $250k-1MM | 2 | $487 | $243,500 |