The Muncy Bank And Trust Company Mortgage Rates, Fees & Info

Muncy, PA

LEI: 549300P4SRSJ2Z85RM43

Tax ID: 24-0670470

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • 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 Muncy Bank And Trust Company is a smaller bank specializing in Home Purchase and Refi loans. The Muncy Bank And Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Williamsport, Lock Haven, State College, Harrisburg, and Sunbury among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Muncy Bank And Trust Company 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. The Muncy Bank And Trust Company is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 11/21/24
    30 Year Conventional Purchase 7.31% 11/21/24
    30 Year Conventional Refi 7.37% 11/21/24
    30 Year Cash-out Refi 6.69% 11/21/24
    15 Year Conventional Purchase 7.21% 11/21/24
    15 Year Conventional Refi 7.19% 11/21/24
    15 Year Cash-out Refi 7.19% 11/21/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    The Muncy Bank And Trust Company Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from The Muncy Bank And Trust Company. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    557

    Origination Dollar Volume (All Markets)

    $111,975,000

    Employee count

    110

    Awards

    The Muncy Bank and Trust Company 30 Year Conventional Loans silver The Muncy Bank and Trust Company 30 Year Conventional Loans gold The Muncy Bank and Trust Company 30 Year Conventional Loans gold The Muncy Bank and Trust Company 30 Year Conventional Loans bronze
    Show all (4) awards

    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
    WILLIAMSPORT, PA (FHA|USDA|VA) 388 $74,140,000 $191,082 $2,709 3.51%
    Lock Haven, PA (FHA|USDA|VA) 70 $11,370,000 $162,429 $2,665 3.71%
    STATE COLLEGE, PA (FHA|USDA|VA) 11 $6,315,000 $574,091 $3,198 3.75%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $5,710,000 $2,855,000 $0 3.75%
    Sunbury, PA (FHA|USDA|VA) 36 $5,070,000 $140,833 $2,530 3.88%
    Lewisburg, PA (FHA|USDA|VA) 13 $2,755,000 $211,923 $2,760 3.24%
    Outside of Metro Areas 15 $2,345,000 $156,333 $2,350 3.86%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 13 $2,205,000 $169,615 $2,819 3.87%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $905,000 $905,000 $0 3.89%
    Sayre, PA (FHA|USDA|VA) 2 $380,000 $190,000 $3,625 3.31%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $275,000 $275,000 $0 3.99%
    Lewistown, PA (FHA|USDA|VA) 2 $270,000 $135,000 $2,396 3.56%
    Selinsgrove, PA (FHA|USDA|VA) 2 $180,000 $90,000 $3,009 4.00%
    Lewisburg, TN (FHA|USDA|VA) 1 $55,000 $55,000 $2,481 5.00%
    The Muncy Bank And Trust Company's top markets include Williamsport, Lock Haven, State College, Harrisburg, and Sunbury among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against The Muncy Bank and Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    First Columbia Bank & Trust Co.
    Similarity Rank: 180
    Mortgage America, Inc.
    Similarity Rank: 340
    HORIZON Federal Credit Union
    Similarity Rank: 372
    The Muncy Bank and Trust Company
    Similarity Rank: 504
    FIRST HERITAGE FINANCIAL, LLC
    Similarity Rank: 638
    PENNSYLVANIA STATE EMPLOYEES Credit Union
    Similarity Rank: 722
    Citizens & Northern Bank
    Similarity Rank: 748
    MYCUMORTGAGE, LLC
    Similarity Rank: 762
    Fulton Bank
    Similarity Rank: 884
    Jersey Shore State Bank
    Similarity Rank: 928

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 557 $111,975,000 $201,032 $2,697 3.58%

    For 2021, The Muncy Bank And Trust Company's most frequently originated type of loan was Conventional, with 557 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 291 $67,115,000 $230,636 $3,150 3.85%
    Refi 180 $30,500,000 $169,444 $2,067 3.49%
    Cash Out Refi 71 $13,005,000 $183,169 $3,048 2.65%
    Home Improvement 9 $795,000 $88,333 $1,029 3.87%
    Other 6 $560,000 $93,333 $858 4.00%

    For 2021, The Muncy Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 291 originations. The 2nd most popular reason was Refi, with 180 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 223 $51,905,000 $232,758 $2,725 3.51%
    20 Year 123 $19,185,000 $155,976 $2,305 3.68%
    15 Year 98 $14,110,000 $143,980 $2,637 3.07%
    10 Year 38 $2,360,000 $62,105 $1,586 4.64%
    30+ year 38 $10,530,000 $277,105 $4,088 3.63%
    Other 30 $13,150,000 $438,333 $1,981 3.98%
    1 Year 4 $650,000 $162,500 $0 3.56%
    5 Year 3 $85,000 $28,333 $393 4.00%

    For 2021, The Muncy Bank And Trust Company's most frequently cited loan duration was 30 Year, with 223 originations. The 2nd most popular length was 20 Year, with 123 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 364 $60,670,000 $166,676
    $1k-2k 36 $7,990,000 $221,944
    $2k-3k 18 $5,480,000 $304,444
    $3k-4k 4 $850,000 $212,500
    $5k+ 1 $545,000 $545,000

    The Muncy Bank And Trust Company's average total fees were $2,725, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 364 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 263 $61,375,000 $233,365
    <2.5% 101 $17,275,000 $171,040
    4-5% 100 $19,850,000 $198,500
    2.5-3% 59 $11,035,000 $187,034
    5-6% 24 $1,940,000 $80,833
    6-7% 10 $500,000 $50,000

    During 2021, The Muncy Bank And Trust Company's average interest rate for loans was 3.51%, while their most frequently originated rate bucket for loans was 3-4%, with 263 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 236 $34,910,000 $147,924 $2,583 3.39%
    $100,000 or less 157 $10,225,000 $65,127 $1,699 4.12%
    $200k-400k 140 $38,650,000 $276,071 $3,473 3.33%
    $400k-600k 16 $7,690,000 $480,625 $4,458 3.29%
    $1MM+ 4 $17,280,000 $4,320,000 $0 3.84%
    $600k-1MM 4 $3,220,000 $805,000 $6,836 3.85%

    2021 saw The Muncy Bank And Trust Company place emphasis on $100k-200k loans with 236 originations, totaling $34,910,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 122 $16,940,000 $138,852 $2,572 3.69%
    $100k-150k 108 $21,710,000 $201,019 $3,106 3.29%
    $50k or less 99 $9,735,000 $98,333 $1,992 3.97%
    $75k-100k 79 $13,565,000 $171,709 $2,616 3.33%
    $150k-250k 56 $12,880,000 $230,000 $3,182 3.28%
    $250k+ 27 $6,845,000 $253,519 $3,655 3.46%

    The Muncy Bank And Trust Company lent most frequently to those with incomes in the $50k-75k range, with 122 originations. The second most popular income band? $100k-150k, with 108 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 131 $21,905,000 $167,214 $2,831 3.35%
    30-36% 73 $12,165,000 $166,644 $2,750 3.40%
    <20% 69 $9,895,000 $143,406 $2,563 3.38%
    50-60% 19 $3,965,000 $208,684 $3,112 3.88%
    36% 18 $3,050,000 $169,444 $2,672 3.54%
    40% 15 $2,915,000 $194,333 $2,840 3.33%
    39% 15 $2,715,000 $181,000 $2,511 4.04%
    42% 14 $2,250,000 $160,714 $2,662 3.14%
    38% 14 $2,400,000 $171,429 $2,630 3.58%
    41% 10 $1,810,000 $181,000 $3,317 3.56%
    37% 10 $1,230,000 $123,000 $2,288 3.47%
    44% 7 $1,205,000 $172,143 $3,032 3.14%
    >60% 7 $1,095,000 $156,429 $2,611 3.62%
    43% 7 $1,495,000 $213,571 $3,254 3.82%
    46% 6 $880,000 $146,667 $2,782 3.83%
    45% 6 $910,000 $151,667 $1,943 3.64%
    48% 4 $1,070,000 $267,500 $2,221 3.34%
    47% 3 $845,000 $281,667 $4,446 3.50%
    49% 2 $450,000 $225,000 $3,467 4.68%

    The Muncy Bank And Trust Company lent most frequently to those with DTI ratios of 20-30%, with 131 originations. The next most common DTI ratio? 30-36%, with 73 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 482 $81,470,000 $169,025 $2,689 3.55%
    Not applicable 56 $27,180,000 $485,357 $0 3.94%
    Not provided 12 $1,940,000 $161,667 $2,146 3.62%
    Black 5 $875,000 $175,000 $3,564 3.43%
    Asian 2 $510,000 $255,000 $4,338 2.88%

    Approval Rates

    Total approvals of all applications
    93.65%

    The Muncy Bank And Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    84.02%

    The Muncy Bank And Trust Company has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 15 $595,000 $39,667
    NA 542 $111,380,000 $205,498

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    557 $111,975,000 $201,032

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 46 $4,580,000 $99,565 $2,053 3.73%
    40-60% 80 $11,910,000 $148,875 $2,473 3.31%
    60-80% 250 $52,670,000 $210,680 $2,678 3.53%
    80-100% 168 $37,570,000 $223,631 $3,087 3.71%
    Over 100% 1 $4,355,000 $4,355,000 $0 3.75%
    Under 20% 12 $890,000 $74,167 $523 4.25%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    THE MONEY HOUSE, INC. Reverse mortgage Closing on a mortgage 1 25.0%
    THE MONEY HOUSE, INC. VA mortgage Applying for a mortgage or refinancing an existing mortgage 2 50.0%
    THE MONEY HOUSE, INC. VA mortgage Closing on a mortgage 1 25.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The Muncy Bank and Trust Company 2 N Main Street Muncy, PA 17756 Full Service B&M $197,588
    The Muncy Bank and Trust Company 2 W Central Ave Avis, PA 17721 Full Service B&M $24,421
    The Muncy Bank and Trust Company 2175 Route 442 Hwy Muncy, PA 17756 Full Service B&M $20,718
    The Muncy Bank and Trust Company 2190 State Route 54 Montgomery, PA 17752 Full Service B&M $3,055
    The Muncy Bank and Trust Company 319 S Main St Muncy, PA 17756 Limited, Drive-thru $0
    The Muncy Bank and Trust Company 4880 State Route 44 Watsontown, PA 17777 Full Service B&M $22,875
    The Muncy Bank and Trust Company 725 Route 405 Hwy Hughesville, PA 17737 Full Service B&M $80,088
    The Muncy Bank and Trust Company 7520 S Route 220 Hwy Linden, PA 17744 Full Service B&M $48,104
    The Muncy Bank and Trust Company 900 N Loyalsock Ave Montoursville, PA 17754 Full Service B&M $101,424

    For 2021, The Muncy Bank And Trust Company had 9 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $21,373
    Net interest income $18,959
    Total noninterest income $5,442
    Gross Fiduciary activities income $265
    Service charges on deposit accounts $557
    Trading account gains and fees $0
    Additional Noninterest Income $4,620
    Pre-tax net operating income $9,010
    Securities gains (or losses, -) $-28
    Income before extraordinary items $7,697
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $7,697
    Minority interest net income $0
    Net income $7,697
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $7,721

    The Muncy Bank And Trust Company's gross interest income from loans was $21,373,000.
    The Muncy Bank And Trust Company's net interest income from loans was $18,959,000.
    The Muncy Bank And Trust Company's fee based income from loans was $557,000.
    The Muncy Bank And Trust Company's net income from loans was $7,697,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,414
    Provision for credit losses $550
    Total noninterest expense $14,841
    Salaries and employee benefits $8,189
    Premises and equipment expense $1,073
    Additional noninterest expense $5,579
    Applicable income taxes $1,285
    Net charge-offs $80
    Cash dividends $2,400

    The Muncy Bank And Trust Company's interest expense for loans was $2,414,000.
    The Muncy Bank And Trust Company's payroll and benefits expense were $8,189,000.
    The Muncy Bank And Trust Company's property, plant and equipment expenses $1,073,000.

    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 $528,006
    Deposits held in domestic offices $528,006
    Deposits by Individuals, partnerships, and corporations $419,091
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $108,915
    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 $42,207
    Demand deposits $34,677
    Nontransaction accounts $485,799
    Money market deposit accounts (MMDAs) $61,597
    Other savings deposits (excluding MMDAs) $270,174
    Total time deposits $154,028
    Total time and savings deposits $493,329
    Noninterest-bearing deposits $111,436
    Interest-bearing deposits $416,570
    Retail deposits $477,119
    IRAs and Keogh plan accounts $14,077
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $593,847
    Cash & Balances due from depository institutions $6,789
    Interest-bearing balances $2,869
    Total securities $111,943
    Federal funds sold & reverse repurchase $0
    Net loans and leases $442,150
    Loan and leases loss allowance $4,738
    Trading account assets $0
    Bank premises and fixed assets $12,086
    Other real estate owned $0
    Goodwill and other intangibles $1,960
    All other assets $18,919

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $593,847
    Total Liabilities $535,705
    Total deposits $528,006
    Interest-bearing deposits $416,570
    Deposits held in domestic offices $528,006
    % insured (estimated) $75
    Federal funds purchased and repurchase agreements $1,875
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $5,824

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $442,150
    Loan and leases loss allowance $4,738
    Total loans and leases (domestic) $446,888
    All real estate loans $382,200
    Real estate loans in domestic offices $382,200
    Construction and development loans $18,279
    Residential 1-4 family construction $18,279
    Other construction, all land development and other land $0
    Loans secured by nonfarm nonresidential properties $70,436
    Nonfarm nonresidential secured by owner-occupied properties $37,051
    Commercial real estate & other non-farm, non-residential $33,385
    Multifamily residential real estate $21,065
    1-4 family residential loans $259,653
    Farmland loans $12,767
    Loans held in foreign offices $0
    Farm loans $1,578
    Commercial and industrial loans $47,626
    To non-U.S. addressees $0
    Loans to individuals $11,396
    Credit card loans $0
    Related Plans $2,723
    Consumer Auto Loans $3,523
    Other loans to individuals $5,150
    All other loans & leases $4,088
    Loans to foreign governments and official institutions $0
    Other loans $454
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $29,853
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $714
    Non 1-4 family restructured loans & leases $507
    Total loans and leases (foreign) $0

    The Muncy Bank and Trust Company had $442,150,000 of loans outstanding in 2021. $382,200,000 of loans were in real estate loans. $18,279,000 of loans were in development loans. $21,065,000 of loans were in multifamily mortgage loans. $259,653,000 of loans were in 1-4 family mortgage loans. $1,578,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,523,000 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 222 $45,363 $204,338
    Nonfarm, nonresidential loans - <$100k 57 $2,812 $49,333
    Nonfarm, nonresidential loans - $100-250k 95 $13,829 $145,568
    Nonfarm, nonresidential loans - $250k-1MM 70 $28,722 $410,314
    Commercial & Industrial, US addressed loans - <$1MM 602 $32,991 $54,802
    Commercial & Industrial, US addressed loans - <$100k 491 $11,159 $22,727
    Commercial & Industrial, US addressed loans - $100-250k 72 $8,790 $122,083
    Commercial & Industrial, US addressed loans - $250k-1MM 39 $13,042 $334,410
    Farmland loans - <$1MM 28 $3,808 $136,000
    Farmland loans - <$100k 12 $565 $47,083
    Farmland loans - $100-250k 10 $1,317 $131,700
    Farmland loans - $250k-1MM 6 $1,926 $321,000
    Agriculture operations loans - <$1MM 36 $1,578 $43,833
    Agriculture operations loans - <$100k 31 $855 $27,581
    Agriculture operations loans - $100-250k 5 $723 $144,600