Kish Bank Mortgage Rates, Fees & Info

Belleville, PA

LEI: 549300RIR04Y64SF4306

Tax ID: 23-0764654

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

Review & Overview

Kish Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Kish Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: State College, Lewistown, Huntingdon, Richmond, and Washington among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)

Kish 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. Kish Bank 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.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™ Mortgage Type	Simulated Rate	Simulation Date
Home Equity Line of Credit (HELOC)	5.91%	4/21/24
30 Year Conventional Purchase	6.61%	4/21/24
30 Year Conventional Refi	6.35%	4/21/24
30 Year Cash-out Refi	6.82%	4/21/24
30 Year USDA Purchase	6.69%	4/21/24
15 Year Conventional Purchase	6.36%	4/21/24
15 Year Conventional Refi	6.03%	4/21/24
15 Year Cash-out Refi	6.03%	4/21/24
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.

Kish Bank Mortgage Calculator

Purchase Price:

Loan Amount:

Deposit Amount:

% Deposit:

Interest Rate:

Loan Type:

Your Estimates

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

This is not an official calculator from Kish Bank. 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

434

Origination Dollar Volume (All Markets)

$93,370,000

Employee count

195

Awards

Kish Bank 30 Year Conventional Loans gold

Kish Bank 30 Year Conventional Loans bronze

Show all (3) 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
STATE COLLEGE, PA (FHA\|USDA\|VA)	161	$60,325,000	$374,689	$3,669	4.86%
Lewistown, PA (FHA\|USDA\|VA)	145	$15,285,000	$105,414	$2,529	5.01%
Huntingdon, PA (FHA\|USDA\|VA)	99	$11,185,000	$112,980	$2,541	5.15%
RICHMOND, VA (FHA\|USDA\|VA)	1	$1,225,000	$1,225,000	$14,297	4.55%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA\|USDA\|VA)	1	$1,205,000	$1,205,000	$6,092	4.13%
ALTOONA, PA (FHA\|USDA\|VA)	6	$700,000	$116,667	$2,526	5.10%
Selinsgrove, PA (FHA\|USDA\|VA)	4	$600,000	$150,000	$3,434	4.94%
PITTSBURGH, PA (FHA\|USDA\|VA)	3	$515,000	$171,667	$2,678	4.88%
LANCASTER, PA (FHA\|USDA\|VA)	2	$410,000	$205,000	$3,414	4.50%
DuBois, PA (FHA\|USDA\|VA)	3	$405,000	$135,000	$4,716	5.13%
HARRISBURG-CARLISLE, PA (FHA\|USDA\|VA)	2	$400,000	$200,000	$3,694	4.56%
SCRANTON--WILKES-BARRE, PA (FHA\|USDA\|VA)	1	$325,000	$325,000	$3,884	5.25%
OCEAN CITY, NJ (FHA\|USDA\|VA)	1	$265,000	$265,000	$3,620	4.00%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA\|USDA\|VA)	1	$205,000	$205,000	$0	5.00%
Lock Haven, PA (FHA\|USDA\|VA)	2	$170,000	$85,000	$2,444	5.50%
WILLIAMSPORT, PA (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	5.40%
Outside of Metro Areas	1	$65,000	$65,000	$0	5.75%

Kish Bank's top markets include State College, Lewistown, Huntingdon, Richmond, and Washington among others.

Their top states include:

Pennsylvania (FHA|USDA|VA)

Virginia (FHA|USDA|VA)

New Jersey (FHA|USDA|VA)

Similar Lenders

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

PENNSYLVANIA STATE EMPLOYEES Credit Union
Similarity Rank: 152

Reliance Savings Bank
Similarity Rank: 266

Kish Bank
Similarity Rank: 357

Jersey Shore State Bank
Similarity Rank: 648

First Citizens Community Bank
Similarity Rank: 696

Northwest Bank
Similarity Rank: 928

NAVY FEDERAL CREDIT UNION
Similarity Rank: 1748

First National Bank of Pennsylvania
Similarity Rank: 2970

MICHIGAN MUTUAL, INC.
Similarity Rank: 5412

FRANKLIN AMERICAN MORTGAGE CO
Similarity Rank: 5863

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	429	$92,785,000	$216,282	$2,999	4.99%
USDA	5	$585,000	$117,000	$4,417	4.53%

For 2018, Kish Bank's most frequently originated type of loan was Conventional, with 429 originations. Their 2nd most popular type was USDA, with 5 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	308	$64,050,000	$207,955	$3,313	4.95%
Cash Out Refi	58	$19,660,000	$338,966	$2,648	4.99%
Refi	34	$7,120,000	$209,412	$2,579	4.73%
Other	21	$1,735,000	$82,619	$1,459	5.07%
Home Improvement	13	$805,000	$61,923	$825	6.09%

For 2018, Kish Bank's most frequently cited loan purpose was Home Purchase, with 308 originations. The 2nd most popular reason was Cash Out Refi, with 58 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	211	$41,635,000	$197,322	$3,478	4.72%
15 Year	78	$7,410,000	$95,000	$1,521	5.23%
20 Year	37	$6,055,000	$163,649	$3,158	4.77%
30+ year	34	$9,660,000	$284,118	$5,829	4.99%
Other	27	$13,955,000	$516,852	$1,463	5.36%
10 Year	25	$12,625,000	$505,000	$349	5.54%
1 Year	14	$1,890,000	$135,000	$323	5.91%
5 Year	7	$135,000	$19,286	$247	5.09%
3 Year	1	$5,000	$5,000	$0	11.25%

For 2018, Kish Bank's most frequently cited loan duration was 30 Year, with 211 originations. The 2nd most popular length was 15 Year, with 78 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$<1k	274	$41,650,000	$152,007
$1k-2k	84	$15,750,000	$187,500
$2k-3k	9	$2,595,000	$288,333
$3k-4k	5	$2,315,000	$463,000
$5k+	2	$1,680,000	$840,000

Kish Bank's average total fees were $3,478, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 274 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
4-5%	206	$53,220,000	$258,350
5-6%	180	$24,710,000	$137,278
3-4%	26	$14,110,000	$542,692
6-7%	21	$1,325,000	$63,095
Over 8%	1	$5,000	$5,000

During 2018, Kish Bank's average interest rate for loans was 4.72%, while their most frequently originated rate bucket for loans was 4-5%, with 206 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-200k	156	$22,880,000	$146,667	$3,071	4.82%
$100,000 or less	153	$8,465,000	$55,327	$1,562	5.37%
$200k-400k	98	$26,090,000	$266,224	$4,084	4.76%
$400k-600k	14	$6,810,000	$486,429	$6,276	4.48%
$600k-1MM	7	$4,785,000	$683,571	$6,997	4.87%
$1MM+	6	$24,340,000	$4,056,667	$8,897	4.35%

2018 saw Kish Bank place emphasis on $100k-200k loans with 156 originations, totaling $22,880,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	88	$15,880,000	$180,455	$3,183	4.92%
$50k or less	88	$7,870,000	$89,432	$2,533	4.96%
$50k-75k	83	$10,155,000	$122,349	$2,687	5.04%
$75k-100k	59	$8,745,000	$148,220	$3,047	4.93%
$150k-250k	54	$12,550,000	$232,407	$3,559	5.00%
$250k+	20	$8,960,000	$448,000	$4,821	4.69%

Kish Bank lent most frequently to those with incomes in the $100k-150k range, with 88 originations. The second most popular income band? $50k or less, with 88 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
30-36%	100	$17,580,000	$175,800	$3,019	4.95%
20-30%	97	$14,515,000	$149,639	$2,912	4.92%
<20%	40	$5,760,000	$144,000	$2,842	4.83%
39%	27	$5,115,000	$189,444	$3,406	4.81%
36%	18	$2,710,000	$150,556	$2,627	5.28%
40%	15	$2,625,000	$175,000	$3,101	4.98%
43%	13	$1,975,000	$151,923	$3,010	5.04%
42%	12	$1,380,000	$115,000	$2,387	5.02%
44%	12	$2,160,000	$180,000	$3,577	4.72%
46%	11	$2,925,000	$265,909	$3,113	5.06%
37%	10	$1,140,000	$114,000	$2,617	5.23%
38%	9	$1,745,000	$193,889	$3,541	4.99%
41%	7	$1,635,000	$233,571	$3,610	4.61%
48%	6	$1,280,000	$213,333	$3,150	4.56%
45%	4	$360,000	$90,000	$2,497	5.13%
49%	3	$555,000	$185,000	$3,480	4.71%
50-60%	2	$820,000	$410,000	$4,992	4.81%
47%	1	$535,000	$535,000	$4,678	4.75%

Kish Bank lent most frequently to those with DTI ratios of 30-36%, with 100 originations. The next most common DTI ratio? 20-30%, with 97 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	395	$62,705,000	$158,747	$2,994	4.97%
Not applicable	27	$26,525,000	$982,407	$0	5.25%
Not provided	3	$1,655,000	$551,667	$4,476	4.54%
Black	6	$1,460,000	$243,333	$3,200	4.85%
Asian	3	$1,025,000	$341,667	$4,102	4.54%

Approval Rates

Total approvals of all applications
92.99%

Kish Bank has an average approval rate.

Pick Rate

Approvals leading to origination
85.48%

Kish Bank has an average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
75.0	1	$5,000	$5,000
NA	433	$93,365,000	$215,624

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Multifamily:Site-Built	13	$23,455,000	$1,804,231
Single Family (1-4 Units):Manufactured	27	$1,845,000	$68,333
Single Family (1-4 Units):Site-Built	394	$68,070,000	$172,766

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	37	$12,825,000	$346,622	$1,675	5.28%
40-60%	44	$6,180,000	$140,455	$2,819	4.87%
60-80%	152	$39,810,000	$261,908	$3,467	4.94%
80-100%	160	$33,230,000	$207,688	$3,618	4.82%
Over 100%	1	$115,000	$115,000	$4,194	4.50%
Under 20%	39	$1,205,000	$30,897	$313	5.51%

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
Kish Bank	114 South Allen Street State College, PA 16801	Full Service B&M	$3,070
Kish Bank	115 South Main Street Lewistown, PA 17044	Full Service B&M	$48,572
Kish Bank	12522 William Penn Highway Mill Creek, PA 17060	Full Service B&M	$17,660
Kish Bank	15 Gateway Drive Reedsville, PA 17084	Full Service B&M	$67,494
Kish Bank	17 East John Street Mcveytown, PA 17051	Full Service B&M	$39,400
Kish Bank	1961 South Atherton Street State College, PA 16801	Full Service B&M	$108,968
Kish Bank	205 Park Place, Suite #6 Bellefonte, PA 16823	Full Service B&M	$27,426
Kish Bank	25 Gateway Drive Reedsville, PA 17084	Full Service B&M	$38,693
Kish Bank	2610 Green Tech Drive State College, PA 16803	Full Service B&M	$64,922
Kish Bank	4255 East Main Street Belleville, PA 17004	Full Service B&M	$76,823
Kish Bank	518 Electric Avenue Lewistown, PA 17044	Full Service B&M	$80,210
Kish Bank	5473 Mcalevy's Fort Road Petersburg, PA 16669	Full Service B&M	$13,274
Kish Bank	9471 William Penn Highway Huntingdon, PA 16652	Full Service B&M	$87,148

For 2018, Kish Bank had 13 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$33,920
Net interest income	$26,523
Total noninterest income	$7,267
Gross Fiduciary activities income	$224
Service charges on deposit accounts	$1,578
Trading account gains and fees	$0
Additional Noninterest Income	$5,465
Pre-tax net operating income	$7,860
Securities gains (or losses, -)	$-178
Income before extraordinary items	$6,828
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$6,828
Minority interest net income	$0
Net income	$6,828
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$6,986

Kish Bank's gross interest income from loans was $33,920,000.
Kish Bank's net interest income from loans was $26,523,000.
Kish Bank's fee based income from loans was $1,578,000.
Kish Bank's net income from loans was $6,828,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$7,397
Provision for credit losses	$955
Total noninterest expense	$24,975
Salaries and employee benefits	$15,130
Premises and equipment expense	$2,933
Additional noninterest expense	$6,912
Applicable income taxes	$854
Net charge-offs	$10
Cash dividends	$2,600

Kish Bank's interest expense for loans was $7,397,000.
Kish Bank's payroll and benefits expense were $15,130,000.
Kish Bank's property, plant and equipment expenses $2,933,000.

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	$684,625
Deposits held in domestic offices	$684,625
Deposits by Individuals, partnerships, and corporations	$564,445
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$119,142
Deposits by Commercial banks and other depository institutions in U.S.	$1,038
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$114,983
Demand deposits	$102,748
Nontransaction accounts	$569,642
Money market deposit accounts (MMDAs)	$254,986
Other savings deposits (excluding MMDAs)	$64,319
Total time deposits	$250,337
Total time and savings deposits	$581,877
Noninterest-bearing deposits	$96,481
Interest-bearing deposits	$588,144
Retail deposits	$621,372
IRAs and Keogh plan accounts	$25,707
Brokered deposits	$2,795
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$848,479
Cash & Balances due from depository institutions	$35,862
Interest-bearing balances	$25,742
Total securities	$134,131
Federal funds sold & reverse repurchase	$0
Net loans and leases	$630,612
Loan and leases loss allowance	$6,642
Trading account assets	$0
Bank premises and fixed assets	$13,033
Other real estate owned	$897
Goodwill and other intangibles	$2,484
All other assets	$31,460

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$848,479
Total Liabilities	$775,712
Total deposits	$684,625
Interest-bearing deposits	$588,144
Deposits held in domestic offices	$684,625
% insured (estimated)	$83
Federal funds purchased and repurchase agreements	$2,104
Trading liabilities	$0
Other borrowed funds	$81,068
Subordinated debt	$0
All other liabilities	$7,915

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$630,612
Loan and leases loss allowance	$6,642
Total loans and leases (domestic)	$637,254
All real estate loans	$481,749
Real estate loans in domestic offices	$481,749
Construction and development loans	$51,262
Residential 1-4 family construction	$4,761
Other construction, all land development and other land	$46,501
Loans secured by nonfarm nonresidential properties	$139,112
Nonfarm nonresidential secured by owner-occupied properties	$63,544
Commercial real estate & other non-farm, non-residential	$75,568
Multifamily residential real estate	$31,064
1-4 family residential loans	$235,589
Farmland loans	$24,722
Loans held in foreign offices	$0
Farm loans	$5,154
Commercial and industrial loans	$100,923
To non-U.S. addressees	$0
Loans to individuals	$8,270
Credit card loans	$0
Related Plans	$1,441
Consumer Auto Loans	$797
Other loans to individuals	$6,032
All other loans & leases	$41,158
Loans to foreign governments and official institutions	$0
Other loans	$196
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	$1,040
Non 1-4 family restructured loans & leases	$799
Total loans and leases (foreign)	$0

Kish Bank had $630,612,000 of loans outstanding in 2018. $481,749,000 of loans were in real estate loans. $51,262,000 of loans were in development loans. $31,064,000 of loans were in multifamily mortgage loans. $235,589,000 of loans were in 1-4 family mortgage loans. $5,154,000 of loans were in farm loans. $0 of loans were in credit card loans. $797,000 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	250	$45,009	$180,036
Nonfarm, nonresidential loans - <$100k	81	$3,300	$40,741
Nonfarm, nonresidential loans - $100-250k	82	$9,176	$111,902
Nonfarm, nonresidential loans - $250k-1MM	87	$32,533	$373,943
Commercial & Industrial, US addressed loans - <$1MM	657	$59,144	$90,021
Commercial & Industrial, US addressed loans - <$100k	440	$10,996	$24,991
Commercial & Industrial, US addressed loans - $100-250k	116	$13,298	$114,638
Commercial & Industrial, US addressed loans - $250k-1MM	101	$34,850	$345,050
Farmland loans - <$1MM	142	$17,492	$123,183
Farmland loans - <$100k	49	$1,756	$35,837
Farmland loans - $100-250k	66	$8,646	$131,000
Farmland loans - $250k-1MM	27	$7,090	$262,593
Agriculture operations loans - <$1MM	162	$5,153	$31,809
Agriculture operations loans - <$100k	147	$3,114	$21,184
Agriculture operations loans - $100-250k	12	$1,099	$91,583
Agriculture operations loans - $250k-1MM	3	$940	$313,333