Woodlands Bank Mortgage Rates, Fees & Info

Williamsport, PA

LEI: 549300RMBMOU2J1VK478

Tax ID: 23-2579286

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

Jump to:

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, Refi, and Cash Out Refi loans. Woodlands Bank has a high proportion of conventional loans. Their top markets by origination volume include: Williamsport, Lock Haven, Sunbury, Lewisburg, and Sayre among others. We have data for 6 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.

    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.


    Originations

    258

    Origination Dollar Volume (All Markets)

    $49,370,000

    Employee count

    109

    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) 209 $39,185,000 $187,488 $0 0.00%
    Lock Haven, PA (FHA|USDA|VA) 36 $7,220,000 $200,556 $0 0.00%
    Outside of Metro Areas 7 $1,645,000 $235,000 $0 0.00%
    Sunbury, PA (FHA|USDA|VA) 3 $815,000 $271,667 $0 0.00%
    Lewisburg, PA (FHA|USDA|VA) 2 $320,000 $160,000 $0 0.00%
    Sayre, PA (FHA|USDA|VA) 1 $185,000 $185,000 $0 0.00%
    Woodlands Bank's top markets include Williamsport, Lock Haven, Sunbury, Lewisburg, and Sayre among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 258 $49,370,000 $191,357 $0 0.00%

    For 2021, Woodlands Bank's most frequently originated type of loan was Conventional, with 258 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 127 $24,485,000 $192,795 $0 0.00%
    Refi 60 $11,100,000 $185,000 $0 0.00%
    Cash Out Refi 59 $10,275,000 $174,153 $0 0.00%
    Home Improvement 10 $3,440,000 $344,000 $0 0.00%
    Other 2 $70,000 $35,000 $0 0.00%

    For 2021, Woodlands Bank's most frequently cited loan purpose was Home Purchase, with 127 originations. The 2nd most popular reason was Refi, with 60 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 258 $49,370,000 $191,357 $0 0.00%

    For 2021, Woodlands Bank's most frequently cited loan duration was Other, with 258 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 118 $17,290,000 $146,525 $0 0.00%
    $200k-400k 68 $18,740,000 $275,588 $0 0.00%
    $100,000 or less 58 $3,570,000 $61,552 $0 0.00%
    $400k-600k 12 $5,760,000 $480,000 $0 0.00%
    $1MM+ 2 $4,010,000 $2,005,000 $0 0.00%

    2021 saw Woodlands Bank place emphasis on $100k-200k loans with 118 originations, totaling $17,290,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 51 $9,785,000 $191,863 $0 0.00%
    $50k-75k 47 $6,685,000 $142,234 $0 0.00%
    $75k-100k 43 $7,635,000 $177,558 $0 0.00%
    $150k-250k 41 $9,665,000 $235,732 $0 0.00%
    $50k or less 36 $3,660,000 $101,667 $0 0.00%
    $250k+ 8 $2,500,000 $312,500 $0 0.00%

    Woodlands Bank lent most frequently to those with incomes in the $100k-150k range, with 51 originations. The second most popular income band? $50k-75k, with 47 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 258 $49,370,000 $191,357 $0 0.00%

    Woodlands Bank lent most frequently to those with DTI ratios of Exempt%, with 258 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 215 $38,075,000 $177,093 $0 0.00%
    Not applicable 31 $9,325,000 $300,806 $0 0.00%
    Asian 4 $880,000 $220,000 $0 0.00%
    Not provided 6 $870,000 $145,000 $0 0.00%
    Black 2 $220,000 $110,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    95.92%

    Woodlands Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    91.47%

    Woodlands Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 258 $49,370,000 $191,357

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    258 $49,370,000 $191,357

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Woodlands Bank 1146 Allegheny Street Jersey Shore, PA 17740 Full Service B&M $28,082
    Woodlands Bank 1980 West Fourth Street Williamsport, PA 17701 Full Service B&M $39,187
    Woodlands Bank 2 South Main Street Hughesville, PA 17737 Full Service B&M $18,014
    Woodlands Bank 202 North Jay Street Lock Haven, PA 17745 Full Service B&M $25,503
    Woodlands Bank 213 West Fourth Street Williamsport, PA 17701 Full Service B&M $64,481
    Woodlands Bank 2450 East Third Street Williamsport, PA 17701 Full Service B&M $217,856
    Woodlands Bank 618 West Southern Avenue, South Williamsport, PA 17701 Full Service B&M $49,654
    Woodlands Bank 973 Lycoming Mall Drive Pennsdale, PA 17756 Full Service B&M $42,142

    For 2021, Woodlands Bank had 8 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $17,419
    Net interest income $16,086
    Total noninterest income $4,083
    Gross Fiduciary activities income $1,307
    Service charges on deposit accounts $445
    Trading account gains and fees $0
    Additional Noninterest Income $2,331
    Pre-tax net operating income $6,422
    Securities gains (or losses, -) $30
    Income before extraordinary items $5,503
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $5,503
    Minority interest net income $0
    Net income $5,503
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $5,477

    Woodlands Bank's gross interest income from loans was $17,419,000.
    Woodlands Bank's net interest income from loans was $16,086,000.
    Woodlands Bank's fee based income from loans was $445,000.
    Woodlands Bank's net income from loans was $5,503,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,333
    Provision for credit losses $150
    Total noninterest expense $13,597
    Salaries and employee benefits $7,692
    Premises and equipment expense $1,249
    Additional noninterest expense $4,656
    Applicable income taxes $949
    Net charge-offs $-137
    Cash dividends $2,625

    Woodlands Bank's interest expense for loans was $1,333,000.
    Woodlands Bank's payroll and benefits expense were $7,692,000.
    Woodlands Bank's property, plant and equipment expenses $1,249,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 5.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 9.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 1.0%
    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 $518,489
    Deposits held in domestic offices $518,489
    Deposits by Individuals, partnerships, and corporations $440,355
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $76,655
    Deposits by Commercial banks and other depository institutions in U.S. $1,478
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $36,049
    Demand deposits $24,603
    Nontransaction accounts $482,439
    Money market deposit accounts (MMDAs) $274,558
    Other savings deposits (excluding MMDAs) $164,206
    Total time deposits $43,675
    Total time and savings deposits $493,885
    Noninterest-bearing deposits $155,900
    Interest-bearing deposits $362,589
    Retail deposits $515,257
    IRAs and Keogh plan accounts $16,671
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $573,113
    Cash & Balances due from depository institutions $53,307
    Interest-bearing balances $46,541
    Total securities $137,081
    Federal funds sold & reverse repurchase $500
    Net loans and leases $355,188
    Loan and leases loss allowance $4,377
    Trading account assets $0
    Bank premises and fixed assets $11,495
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $15,542

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $573,113
    Total Liabilities $521,912
    Total deposits $518,489
    Interest-bearing deposits $362,589
    Deposits held in domestic offices $518,489
    % insured (estimated) $72
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $73
    Subordinated debt $0
    All other liabilities $3,350

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $355,188
    Loan and leases loss allowance $4,377
    Total loans and leases (domestic) $359,565
    All real estate loans $299,270
    Real estate loans in domestic offices $299,270
    Construction and development loans $7,329
    Residential 1-4 family construction $1,784
    Other construction, all land development and other land $5,545
    Loans secured by nonfarm nonresidential properties $109,071
    Nonfarm nonresidential secured by owner-occupied properties $67,666
    Commercial real estate & other non-farm, non-residential $41,405
    Multifamily residential real estate $11,407
    1-4 family residential loans $165,563
    Farmland loans $5,900
    Loans held in foreign offices $0
    Farm loans $427
    Commercial and industrial loans $48,164
    To non-U.S. addressees $0
    Loans to individuals $851
    Credit card loans $0
    Related Plans $314
    Consumer Auto Loans $142
    Other loans to individuals $395
    All other loans & leases $10,853
    Loans to foreign governments and official institutions $0
    Other loans $3,281
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $211
    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 $355,188,000 of loans outstanding in 2021. $299,270,000 of loans were in real estate loans. $7,329,000 of loans were in development loans. $11,407,000 of loans were in multifamily mortgage loans. $165,563,000 of loans were in 1-4 family mortgage loans. $427,000 of loans were in farm loans. $0 of loans were in credit card loans. $142,000 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 158 $33,477 $211,880
    Nonfarm, nonresidential loans - <$100k 32 $960 $30,000
    Nonfarm, nonresidential loans - $100-250k 52 $5,644 $108,538
    Nonfarm, nonresidential loans - $250k-1MM 74 $26,873 $363,149
    Commercial & Industrial, US addressed loans - <$1MM 375 $26,386 $70,363
    Commercial & Industrial, US addressed loans - <$100k 269 $5,273 $19,602
    Commercial & Industrial, US addressed loans - $100-250k 63 $6,458 $102,508
    Commercial & Industrial, US addressed loans - $250k-1MM 43 $14,655 $340,814
    Farmland loans - <$1MM 14 $1,597 $114,071
    Farmland loans - <$100k 4 $336 $84,000
    Farmland loans - $100-250k 8 $865 $108,125
    Farmland loans - $250k-1MM 2 $396 $198,000
    Agriculture operations loans - <$1MM 18 $427 $23,722
    Agriculture operations loans - <$100k 18 $427 $23,722