Woodlands Bank Mortgage Rates, Fees & Info

Williamsport, PA

LEI: 549300RMBMOU2J1VK478

Tax ID: 23-2579286

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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

    Woodlands Bank is a smaller bank specializing in Home Purchase loans. Woodlands Bank has a high proportion of conventional loans. Their top markets by origination volume include: Williamsport, Lock Haven, and Sunbury among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Woodlands Bank 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.

    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

    199

    Origination Dollar Volume (All Markets)

    $26,835,000

    Employee count

    103

    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) 171 $23,595,000 $137,982 $0 0.00%
    Lock Haven, PA (FHA|USDA|VA) 25 $2,655,000 $106,200 $0 0.00%
    Sunbury, PA (FHA|USDA|VA) 2 $310,000 $155,000 $0 0.00%
    Outside of Metro Areas 1 $275,000 $275,000 $0 0.00%
    Woodlands Bank's top markets include Williamsport, Lock Haven, and Sunbury among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 199 $26,835,000 $134,849 $0 0.00%

    For 2018, Woodlands Bank's most frequently originated type of loan was Conventional, with 199 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 123 $19,275,000 $156,707 $0 0.00%
    Cash Out Refi 44 $4,210,000 $95,682 $0 0.00%
    Refi 15 $2,365,000 $157,667 $0 0.00%
    Home Improvement 11 $675,000 $61,364 $0 0.00%
    Other 6 $310,000 $51,667 $0 0.00%

    For 2018, Woodlands Bank's most frequently cited loan purpose was Home Purchase, with 123 originations. The 2nd most popular reason was Cash Out Refi, with 44 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 199 $26,835,000 $134,849 $0 0.00%

    For 2018, Woodlands Bank's most frequently cited loan duration was Other, with 199 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 96 $5,310,000 $55,313 $0 0.00%
    $100k-200k 69 $9,675,000 $140,217 $0 0.00%
    $200k-400k 25 $6,095,000 $243,800 $0 0.00%
    $400k-600k 7 $3,095,000 $442,143 $0 0.00%
    $1MM+ 2 $2,660,000 $1,330,000 $0 0.00%

    2018 saw Woodlands Bank place emphasis on $100,000 or less loans with 96 originations, totaling $5,310,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 47 $4,055,000 $86,277 $0 0.00%
    $50k-75k 42 $4,220,000 $100,476 $0 0.00%
    $75k-100k 27 $3,425,000 $126,852 $0 0.00%
    $100k-150k 23 $3,885,000 $168,913 $0 0.00%
    $150k-250k 15 $2,235,000 $149,000 $0 0.00%
    $250k+ 6 $1,470,000 $245,000 $0 0.00%

    Woodlands Bank lent most frequently to those with incomes in the $50k or less range, with 47 originations. The second most popular income band? $50k-75k, with 42 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 199 $26,835,000 $134,849 $0 0.00%

    Woodlands Bank lent most frequently to those with DTI ratios of Exempt%, with 199 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 163 $20,815,000 $127,699 $0 0.00%
    Not applicable 36 $6,020,000 $167,222 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.52%

    Woodlands Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    94.47%

    Woodlands Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 199 $26,835,000 $134,849

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 4 $1,840,000 $460,000
    Single Family (1-4 Units):Manufactured 3 $425,000 $141,667
    Single Family (1-4 Units):Site-Built 192 $24,570,000 $127,969

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Woodlands Bank 1146 Allegheny Street Jersey Shore, PA 17740 Full Service B&M $18,499
    Woodlands Bank 1980 West Fourth Street Williamsport, PA 17701 Full Service B&M $27,008
    Woodlands Bank 2 South Main Street Hughesville, PA 17737 Full Service B&M $10,548
    Woodlands Bank 202 North Jay Street Lock Haven, PA 17745 Full Service B&M $8,688
    Woodlands Bank 213 West Fourth Street Williamsport, PA 17701 Full Service B&M $30,103
    Woodlands Bank 2450 East Third Street Williamsport, PA 17701 Full Service B&M $187,353
    Woodlands Bank 618 West Southern Avenue, South Williamsport, PA 17701 Full Service B&M $37,213
    Woodlands Bank 973 Lycoming Mall Drive Pennsdale, PA 17756 Full Service B&M $28,280

    For 2018, Woodlands Bank had 8 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $16,568
    Net interest income $14,163
    Total noninterest income $3,371
    Gross Fiduciary activities income $1,076
    Service charges on deposit accounts $617
    Trading account gains and fees $0
    Additional Noninterest Income $1,678
    Pre-tax net operating income $5,522
    Securities gains (or losses, -) $48
    Income before extraordinary items $4,613
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $4,613
    Minority interest net income $0
    Net income $4,613
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $4,573

    Woodlands Bank's gross interest income from loans was $16,568,000.
    Woodlands Bank's net interest income from loans was $14,163,000.
    Woodlands Bank's fee based income from loans was $617,000.
    Woodlands Bank's net income from loans was $4,613,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,405
    Provision for credit losses $240
    Total noninterest expense $11,772
    Salaries and employee benefits $6,863
    Premises and equipment expense $1,037
    Additional noninterest expense $3,872
    Applicable income taxes $957
    Net charge-offs $-97
    Cash dividends $1,788

    Woodlands Bank's interest expense for loans was $2,405,000.
    Woodlands Bank's payroll and benefits expense were $6,863,000.
    Woodlands Bank's property, plant and equipment expenses $1,037,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 2.0%
    Real Estate loans 2.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 2.0%
    Multifamily residential loans 9.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 1.0%
    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 $357,346
    Deposits held in domestic offices $357,346
    Deposits by Individuals, partnerships, and corporations $320,581
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $35,005
    Deposits by Commercial banks and other depository institutions in U.S. $1,760
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $27,679
    Demand deposits $16,169
    Nontransaction accounts $329,667
    Money market deposit accounts (MMDAs) $135,035
    Other savings deposits (excluding MMDAs) $120,558
    Total time deposits $74,074
    Total time and savings deposits $341,177
    Noninterest-bearing deposits $83,026
    Interest-bearing deposits $274,320
    Retail deposits $346,365
    IRAs and Keogh plan accounts $18,380
    Brokered deposits $487
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $411,673
    Cash & Balances due from depository institutions $12,025
    Interest-bearing balances $6,023
    Total securities $69,112
    Federal funds sold & reverse repurchase $12,396
    Net loans and leases $294,958
    Loan and leases loss allowance $3,924
    Trading account assets $0
    Bank premises and fixed assets $9,613
    Other real estate owned $47
    Goodwill and other intangibles $0
    All other assets $13,522

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $411,673
    Total Liabilities $373,201
    Total deposits $357,346
    Interest-bearing deposits $274,320
    Deposits held in domestic offices $357,346
    % insured (estimated) $79
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $13,000
    Subordinated debt $0
    All other liabilities $2,855

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $294,958
    Loan and leases loss allowance $3,924
    Total loans and leases (domestic) $298,882
    All real estate loans $258,061
    Real estate loans in domestic offices $258,061
    Construction and development loans $9,012
    Residential 1-4 family construction $2,143
    Other construction, all land development and other land $6,869
    Loans secured by nonfarm nonresidential properties $95,125
    Nonfarm nonresidential secured by owner-occupied properties $61,249
    Commercial real estate & other non-farm, non-residential $33,876
    Multifamily residential real estate $12,572
    1-4 family residential loans $135,257
    Farmland loans $6,095
    Loans held in foreign offices $0
    Farm loans $509
    Commercial and industrial loans $34,201
    To non-U.S. addressees $0
    Loans to individuals $1,391
    Credit card loans $0
    Related Plans $436
    Consumer Auto Loans $328
    Other loans to individuals $627
    All other loans & leases $4,719
    Loans to foreign governments and official institutions $0
    Other loans $1,304
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $875
    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

    Woodlands Bank had $294,958,000 of loans outstanding in 2018. $258,061,000 of loans were in real estate loans. $9,012,000 of loans were in development loans. $12,572,000 of loans were in multifamily mortgage loans. $135,257,000 of loans were in 1-4 family mortgage loans. $509,000 of loans were in farm loans. $0 of loans were in credit card loans. $328,000 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 155 $38,227 $246,626
    Nonfarm, nonresidential loans - <$100k 36 $1,312 $36,444
    Nonfarm, nonresidential loans - $100-250k 49 $6,156 $125,633
    Nonfarm, nonresidential loans - $250k-1MM 70 $30,759 $439,414
    Commercial & Industrial, US addressed loans - <$1MM 316 $24,186 $76,538
    Commercial & Industrial, US addressed loans - <$100k 223 $4,141 $18,570
    Commercial & Industrial, US addressed loans - $100-250k 48 $4,677 $97,438
    Commercial & Industrial, US addressed loans - $250k-1MM 45 $15,368 $341,511
    Farmland loans - <$1MM 10 $1,166 $116,600
    Farmland loans - <$100k 1 $46 $46,000
    Farmland loans - $100-250k 8 $810 $101,250
    Farmland loans - $250k-1MM 1 $310 $310,000
    Agriculture operations loans - <$1MM 14 $509 $36,357
    Agriculture operations loans - <$100k 14 $509 $36,357