Sewickley Savings Bank Mortgage Rates, Fees & Info

Sewickley, PA

LEI: 549300TDGP6QM9ZOW721

Tax ID: 25-0787820

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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

    Sewickley Savings Bank is a smaller bank specializing in various types of mortgages.



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    Originations

    0

    Origination Dollar Volume (All Markets)

    $0

    Employee count

    21

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Sewickley Savings Bank 531 Broad Street Sewickley, PA 15143 Full Service B&M $83,563
    Sewickley Savings Bank 5701 Steubenville Pike Mckees Rocks, PA 15136 Full Service B&M $75,853
    Sewickley Savings Bank 901 4th Ave Coraopolis, PA 15108 Full Service B&M $63,698

    For 2021, Sewickley Savings Bank had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $6,612
    Net interest income $4,722
    Total noninterest income $1,234
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $15
    Trading account gains and fees $0
    Additional Noninterest Income $1,219
    Pre-tax net operating income $2,654
    Securities gains (or losses, -) $-63
    Income before extraordinary items $2,456
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $2,456
    Minority interest net income $0
    Net income $2,456
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $2,515

    Sewickley Savings Bank's gross interest income from loans was $6,612,000.
    Sewickley Savings Bank's net interest income from loans was $4,722,000.
    Sewickley Savings Bank's fee based income from loans was $15,000.
    Sewickley Savings Bank's net income from loans was $2,456,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,890
    Provision for credit losses $27
    Total noninterest expense $3,275
    Salaries and employee benefits $2,119
    Premises and equipment expense $330
    Additional noninterest expense $826
    Applicable income taxes $135
    Net charge-offs $27
    Cash dividends $0

    Sewickley Savings Bank's interest expense for loans was $1,890,000.
    Sewickley Savings Bank's payroll and benefits expense were $2,119,000.
    Sewickley Savings Bank's property, plant and equipment expenses $330,000.

    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 $221,249
    Deposits held in domestic offices $221,249
    Deposits by Individuals, partnerships, and corporations $219,111
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $1,526
    Deposits by Commercial banks and other depository institutions in U.S. $612
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $32,414
    Demand deposits $9,163
    Nontransaction accounts $188,835
    Money market deposit accounts (MMDAs) $16,429
    Other savings deposits (excluding MMDAs) $28,258
    Total time deposits $144,148
    Total time and savings deposits $212,086
    Noninterest-bearing deposits $9,163
    Interest-bearing deposits $212,086
    Retail deposits $201,906
    IRAs and Keogh plan accounts $32,652
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $315,204
    Cash & Balances due from depository institutions $49,570
    Interest-bearing balances $48,758
    Total securities $201,297
    Federal funds sold & reverse repurchase $0
    Net loans and leases $49,676
    Loan and leases loss allowance $848
    Trading account assets $0
    Bank premises and fixed assets $1,400
    Other real estate owned $152
    Goodwill and other intangibles $0
    All other assets $13,109

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $315,204
    Total Liabilities $223,651
    Total deposits $221,249
    Interest-bearing deposits $212,086
    Deposits held in domestic offices $221,249
    % insured (estimated) $93
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $2,402

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $49,676
    Loan and leases loss allowance $848
    Total loans and leases (domestic) $50,524
    All real estate loans $37,432
    Real estate loans in domestic offices $37,432
    Construction and development loans $0
    Residential 1-4 family construction $0
    Other construction, all land development and other land $0
    Loans secured by nonfarm nonresidential properties $20,029
    Nonfarm nonresidential secured by owner-occupied properties $4,967
    Commercial real estate & other non-farm, non-residential $15,062
    Multifamily residential real estate $2,480
    1-4 family residential loans $12,587
    Farmland loans $2,336
    Loans held in foreign offices $0
    Farm loans $379
    Commercial and industrial loans $4,771
    To non-U.S. addressees $0
    Loans to individuals $360
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $0
    Other loans to individuals $360
    All other loans & leases $7,620
    Loans to foreign governments and official institutions $0
    Other loans $0
    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 $32
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Sewickley Savings Bank had $49,676,000 of loans outstanding in 2021. $37,432,000 of loans were in real estate loans. $0 of loans were in development loans. $2,480,000 of loans were in multifamily mortgage loans. $12,587,000 of loans were in 1-4 family mortgage loans. $379,000 of loans were in farm loans. $0 of loans were in credit card loans. $0 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 18 $3,856 $214,222
    Nonfarm, nonresidential loans - <$100k 3 $115 $38,333
    Nonfarm, nonresidential loans - $100-250k 9 $1,235 $137,222
    Nonfarm, nonresidential loans - $250k-1MM 6 $2,506 $417,667
    Commercial & Industrial, US addressed loans - <$1MM 2 $720 $360,000
    Commercial & Industrial, US addressed loans - $250k-1MM 2 $720 $360,000
    Farmland loans - <$1MM 9 $1,784 $198,222
    Farmland loans - $100-250k 3 $256 $85,333
    Farmland loans - $250k-1MM 6 $1,528 $254,667