The Bryn Mawr Trust Company Mortgage Rates, Fees & Info
BRYN MAWR, PALEI: 549300TTPNZTZH2PH447
Tax ID: 23-0441580
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Review & Overview
The Bryn Mawr Trust Company is a smaller mortgage company specializing in Home Purchase and Refi loans. The Bryn Mawr Trust Company has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Philadelphia, Ocean City, New York, Atlantic City, and Miami among others. We have data for 26 markets. (Some data included below & more in-depth data is available with an active subscription.)The Bryn Mawr Trust Company has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. The Bryn Mawr 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.
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Originations
991Origination Dollar Volume (All Markets)
$267,615,000Employee count
644 Show all (1) awardsTHE BRYN MAWR TRUST COMPANY - 2018
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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 |
---|---|---|---|---|---|
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 875 | $211,575,000 | $241,800 | $4,181 | 4.41% |
OCEAN CITY, NJ (FHA|USDA|VA) | 40 | $27,840,000 | $696,000 | $4,993 | 4.41% |
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 9 | $6,055,000 | $672,778 | $6,297 | 4.72% |
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 10 | $4,500,000 | $450,000 | $3,967 | 4.10% |
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 5 | $4,305,000 | $861,000 | $12,488 | 3.98% |
SALISBURY, MD-DE (FHA|USDA|VA) | 9 | $2,515,000 | $279,444 | $3,361 | 4.44% |
TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 6 | $2,380,000 | $396,667 | $5,053 | 4.47% |
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 2 | $1,480,000 | $740,000 | $4,101 | 4.25% |
LANCASTER, PA (FHA|USDA|VA) | 7 | $1,285,000 | $183,571 | $2,847 | 4.27% |
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 7 | $985,000 | $140,714 | $4,667 | 4.59% |
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 2 | $880,000 | $440,000 | $3,642 | 4.63% |
Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $5,725 | 4.25% |
GETTYSBURG, PA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 3.75% |
COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $3,428 | 4.75% |
LEBANON, PA (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $0 | 3.88% |
READING, PA (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $0 | 4.00% |
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,933 | 4.63% |
Bradford, PA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $4,026 | 4.63% |
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,282 | 4.88% |
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $3,058 | 4.31% |
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,650 | 5.50% |
Outside of Metro Areas | 1 | $125,000 | $125,000 | $0 | 4.25% |
JACKSON, TN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 5.50% |
YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 4.00% |
Huntingdon, PA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 4.00% |
PITTSBURGH, PA (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 3.75% |
Similar Lenders
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Product Mix
Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Conventional | 527 | $189,325,000 | $359,250 | $4,209 | 4.57% |
HELOC | 458 | $76,860,000 | $167,817 | n/a | 4.23% |
FHA | 6 | $1,430,000 | $238,333 | $7,740 | 4.60% |
For 2018, The Bryn Mawr Trust Company's most frequently originated type of loan was Conventional, with 527 originations. Their 2nd most popular type was HELOC, with 458 originations.
Loan Reason
For 2018, The Bryn Mawr Trust Company's most frequently cited loan purpose was Home Purchase, with 381 originations. The 2nd most popular reason was Refi, with 305 originations.
Loan Duration/Length
For 2018, The Bryn Mawr Trust Company's most frequently cited loan duration was 30 Year, with 827 originations. The 2nd most popular length was 10 Year, with 46 originations.
Origination Fees/Closing Costs
The Bryn Mawr Trust Company's average total fees were $4,405, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 341 originations.
Interest Rates
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
4-5% | 527 | $135,125,000 | $256,404 |
3-4% | 293 | $66,895,000 | $228,311 |
5-6% | 85 | $15,295,000 | $179,941 |
6-7% | 15 | $1,055,000 | $70,333 |
During 2018, The Bryn Mawr Trust Company's average interest rate for loans was 4.39%, while their most frequently originated rate bucket for loans was 4-5%, with 527 originations.
Loan Sizing
2018 saw The Bryn Mawr Trust Company place emphasis on $200k-400k loans with 316 originations, totaling $85,140,000 in origination value.
Applicant Income
The Bryn Mawr Trust Company lent most frequently to those with incomes in the $150k-250k range, with 200 originations. The second most popular income band? $250k+, with 172 originations.
Applicant Debt to Income Ratio
The Bryn Mawr Trust Company lent most frequently to those with DTI ratios of 20-30%, with 238 originations. The next most common DTI ratio? 30-36%, with 182 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications70.51%
The Bryn Mawr Trust Company has a below average approval rate.
Pick Rate
Approvals leading to origination82.64%
The Bryn Mawr Trust Company has a below average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
NA | 991 | $267,615,000 | $270,045 |
Occupancy Type Mix
Dwelling Type | Originations | Total Value | Average Loan |
---|---|---|---|
Multifamily:Site-Built | 23 | $30,415,000 | $1,322,391 |
Single Family (1-4 Units):Site-Built | 968 | $237,200,000 | $245,041 |
LTV Distribution
Bank Details
Branches
Bank Name | Branch | Branch Type | Deposits (000's) |
---|---|---|---|
The Bryn Mawr Trust Company | 1 East Chocolate Ave Hershey, PA 17033 | Full Service B&M | $8,220 |
The Bryn Mawr Trust Company | 1000 Rocky Run Parkway Wilmington, DE 19803 | Full Service B&M | $88,435 |
The Bryn Mawr Trust Company | 10000 Shannondell Drive Audubon, PA 19403 | Limited, Drive-thru | $29,302 |
The Bryn Mawr Trust Company | 105 West Fourth Street Bridgeport, PA 19405 | Full Service B&M | $41,746 |
The Bryn Mawr Trust Company | 106 E Street Road Kennett Square, PA 19348 | Full Service B&M | $34,461 |
The Bryn Mawr Trust Company | 11 Martins Run Media, PA 19063 | Limited, Drive-thru | $2,347 |
The Bryn Mawr Trust Company | 113 W Germantown Pike East Norriton, PA 19401 | Full Service B&M | $48,315 |
The Bryn Mawr Trust Company | 1230 Walnut Street Philadelphia, PA 19107 | Full Service B&M | $58,312 |
The Bryn Mawr Trust Company | 124 Main Street Schuylkill Township, PA 19460 | Full Service B&M | $29,291 |
The Bryn Mawr Trust Company | 135 East City Avenue Bala Cynwyd, PA 19004 | Full Service B&M | $47,813 |
The Bryn Mawr Trust Company | 1400 Waverly Road Gladwyne, PA 19035 | Limited, Drive-thru | $4,118 |
The Bryn Mawr Trust Company | 155 York Road Willow Grove, PA 19090 | Full Service B&M | $45,328 |
The Bryn Mawr Trust Company | 1615 East Boot Road West Chester, PA 19380 | Limited, Drive-thru | $1,857 |
The Bryn Mawr Trust Company | 1620 Baltimore Pike, Suite 100 Chadds Ford, PA 19317 | Full Service B&M | $38,609 |
The Bryn Mawr Trust Company | 1650 Grant Ave Philadelphia, PA 19115 | Full Service B&M | $41,108 |
The Bryn Mawr Trust Company | 1651 Blackwood Clementon Road Blackwood, NJ 8012 | Full Service B&M | $31,672 |
The Bryn Mawr Trust Company | 18 W Eagle Road Havertown, PA 19083 | Full Service B&M | $119,496 |
The Bryn Mawr Trust Company | 180 West Girard Avenue Philadelphia, PA 19123 | Full Service B&M | $31,617 |
The Bryn Mawr Trust Company | 20 North Waterloo Road Devon, PA 19333 | Limited, Trust Office | $0 |
The Bryn Mawr Trust Company | 22 West State Street Media, PA 19063 | Full Service B&M | $71,628 |
The Bryn Mawr Trust Company | 23 East Fifth Street Chester, PA 19013 | Full Service B&M | $15,607 |
The Bryn Mawr Trust Company | 237 N. Pottstown Pike Exton, PA 19341 | Full Service B&M | $96,954 |
The Bryn Mawr Trust Company | 3218 Edgmont Avenue Brookhaven, PA 19015 | Full Service B&M | $86,490 |
The Bryn Mawr Trust Company | 33 W Ridge Pike Limerick, PA 19468 | Full Service B&M | $27,377 |
The Bryn Mawr Trust Company | 330 Dartmouth Avenue Swarthmore, PA 19081 | Full Service B&M | $49,179 |
The Bryn Mawr Trust Company | 330 East Lancaster Avenue Wayne, PA 19087 | Full Service B&M | $139,581 |
The Bryn Mawr Trust Company | 3300 Darby Road Haverford, PA 19041 | Limited, Drive-thru | $5,736 |
The Bryn Mawr Trust Company | 3601 West Chester Pike Newtown Square, PA 19073 | Full Service B&M | $83,022 |
The Bryn Mawr Trust Company | 39 W Lancaster Ave Paoli, PA 19301 | Full Service B&M | $94,666 |
The Bryn Mawr Trust Company | 404 Cheswick Place Bryn Mawr, PA 19010 | Limited, Drive-thru | $2,474 |
The Bryn Mawr Trust Company | 436 Egypt Road East Norriton, PA 19403 | Full Service B&M | $41,057 |
The Bryn Mawr Trust Company | 50 W. Lancaster Ave Ardmore, PA 19003 | Full Service B&M | $127,480 |
The Bryn Mawr Trust Company | 5000 Pennell Road Aston, PA 19014 | Full Service B&M | $26,184 |
The Bryn Mawr Trust Company | 528 Fayette Street Conshohocken, PA 19428 | Full Service B&M | $127,101 |
The Bryn Mawr Trust Company | 535 Gradyville Road Newtown Square, PA 19073 | Limited, Drive-thru | $7,838 |
The Bryn Mawr Trust Company | 599 Skippack Pike Blue Bell, PA 19422 | Full Service B&M | $105,362 |
The Bryn Mawr Trust Company | 601 North Ithan Avenue Bryn Mawr, PA 19010 | Limited, Drive-thru | $3,091 |
The Bryn Mawr Trust Company | 6331 Castor Ave Philadelphia, PA 19149 | Full Service B&M | $25,026 |
The Bryn Mawr Trust Company | 655 West Dekalb Pike King Of Prussia, PA 19406 | Full Service B&M | $118,730 |
The Bryn Mawr Trust Company | 7133 Ridge Pike Philadelphia, PA 19128 | Full Service B&M | $40,452 |
The Bryn Mawr Trust Company | 732 Montgomery Avenue Narberth, PA 19072 | Full Service B&M | $101,043 |
The Bryn Mawr Trust Company | 801 Lancaster Avenue Bryn Mawr, PA 19010 | Full Service B&M | $1,183,723 |
The Bryn Mawr Trust Company | 849 Paoli Pike West Chester, PA 19380 | Full Service B&M | $65,235 |
The Bryn Mawr Trust Company | Route 1 And Stoney Bank Road Chester Heights, PA 19017 | Full Service B&M | $80,979 |
For 2018, The Bryn Mawr Trust Company had 44 branches.
Yearly Performance Overview
Bank Income
Item | Value (in 000's) |
---|---|
Total interest income | $183,074 |
Net interest income | $157,349 |
Total noninterest income | $61,190 |
Gross Fiduciary activities income | $29,097 |
Service charges on deposit accounts | $2,989 |
Trading account gains and fees | $-175 |
Additional Noninterest Income | $29,279 |
Pre-tax net operating income | $74,817 |
Securities gains (or losses, -) | $7 |
Income before extraordinary items | $60,607 |
Discontinued Operations (Extraordinary gains, net) | $0 |
Net income of bank and minority interests | $60,607 |
Minority interest net income | $0 |
Net income | $60,607 |
Sale, conversion, retirement of capital stock, net | $0 |
Net operating income | $60,601 |
The Bryn Mawr Trust Company's gross interest income from loans was $183,074,000.
The Bryn Mawr Trust Company's net interest income from loans was $157,349,000.
The Bryn Mawr Trust Company's fee based income from loans was $2,989,000.
The Bryn Mawr Trust Company's net income from loans was $60,607,000.
Bank Expenses
Item | Value (in 000's) |
---|---|
Total interest expense | $25,725 |
Provision for credit losses | $7,193 |
Total noninterest expense | $136,529 |
Salaries and employee benefits | $73,776 |
Premises and equipment expense | $21,960 |
Additional noninterest expense | $40,793 |
Applicable income taxes | $14,217 |
Net charge-offs | $5,292 |
Cash dividends | $26,000 |
The Bryn Mawr Trust Company's interest expense for loans was $25,725,000.
The Bryn Mawr Trust Company's payroll and benefits expense were $73,776,000.
The Bryn Mawr Trust Company's property, plant and equipment expenses $21,960,000.
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 | 1.0% |
HELOC loans | 1.0% |
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 | 30.0% |
Other consumer loans | 0.0% |
Unsecured commercial real estate loans | 0.0% |
Deposits
Type | Value (in 000's) |
---|---|
Total deposits | $3,681,746 |
Deposits held in domestic offices | $3,681,746 |
Deposits by Individuals, partnerships, and corporations | $3,384,357 |
Deposits by U.S. Government | $6 |
Deposits by States and political subdivisions in the U.S. | $58,253 |
Deposits by Commercial banks and other depository institutions in U.S. | $239,130 |
Deposits by Banks in foreign countries | $0 |
Deposits by Foreign governments and official institutions | $0 |
Transaction accounts | $288,360 |
Demand deposits | $245,231 |
Nontransaction accounts | $3,393,386 |
Money market deposit accounts (MMDAs) | $2,278,343 |
Other savings deposits (excluding MMDAs) | $247,079 |
Total time deposits | $867,964 |
Total time and savings deposits | $3,436,515 |
Noninterest-bearing deposits | $245,231 |
Interest-bearing deposits | $3,436,515 |
Retail deposits | $3,213,452 |
IRAs and Keogh plan accounts | $63,074 |
Brokered deposits | $380,291 |
Deposits held in foreign offices | $0 |
Assets
Asset | Value (in 000's) |
---|---|
Total Assets | $4,637,481 |
Cash & Balances due from depository institutions | $48,456 |
Interest-bearing balances | $5,013 |
Total securities | $746,126 |
Federal funds sold & reverse repurchase | $0 |
Net loans and leases | $3,409,477 |
Loan and leases loss allowance | $19,426 |
Trading account assets | $7,084 |
Bank premises and fixed assets | $63,293 |
Other real estate owned | $417 |
Goodwill and other intangibles | $200,440 |
All other assets | $162,188 |
Liabilities
Liabilities | Value (in 000's) |
---|---|
Total liabilities and capital | $4,637,481 |
Total Liabilities | $4,045,786 |
Total deposits | $3,681,746 |
Interest-bearing deposits | $3,436,515 |
Deposits held in domestic offices | $3,681,746 |
% insured (estimated) | $73 |
Federal funds purchased and repurchase agreements | $22,717 |
Trading liabilities | $0 |
Other borrowed funds | $285,024 |
Subordinated debt | $0 |
All other liabilities | $56,299 |
Issued Loan Types
Type | Value (in 000's) |
---|---|
Net loans and leases | $3,409,477 |
Loan and leases loss allowance | $19,426 |
Total loans and leases (domestic) | $3,428,903 |
All real estate loans | $2,853,225 |
Real estate loans in domestic offices | $2,853,225 |
Construction and development loans | $230,445 |
Residential 1-4 family construction | $71,065 |
Other construction, all land development and other land | $159,380 |
Loans secured by nonfarm nonresidential properties | $1,348,658 |
Nonfarm nonresidential secured by owner-occupied properties | $488,037 |
Commercial real estate & other non-farm, non-residential | $860,621 |
Multifamily residential real estate | $295,461 |
1-4 family residential loans | $976,283 |
Farmland loans | $2,378 |
Loans held in foreign offices | $0 |
Farm loans | $0 |
Commercial and industrial loans | $369,604 |
To non-U.S. addressees | $0 |
Loans to individuals | $47,130 |
Credit card loans | $0 |
Related Plans | $36,194 |
Consumer Auto Loans | $55 |
Other loans to individuals | $10,881 |
All other loans & leases | $158,944 |
Loans to foreign governments and official institutions | $0 |
Other loans | $408 |
Loans to depository institutions and acceptances of other banks | $14,015 |
Loans not secured by real estate | $21,869 |
Loans secured by real estate to non-U.S. addressees | $0 |
Restructured Loans & leases | $8,996 |
Non 1-4 family restructured loans & leases | $4,984 |
Total loans and leases (foreign) | $0 |
THE BRYN MAWR TRUST COMPANY had $3,409,477,000 of loans outstanding in 2018. $2,853,225,000 of loans were in real estate loans. $230,445,000 of loans were in development loans. $295,461,000 of loans were in multifamily mortgage loans. $976,283,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $55,000 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 | 906 | $271,923 | $300,136 |
Nonfarm, nonresidential loans - <$100k | 136 | $6,316 | $46,441 |
Nonfarm, nonresidential loans - $100-250k | 226 | $30,013 | $132,801 |
Nonfarm, nonresidential loans - $250k-1MM | 544 | $235,594 | $433,077 |
Commercial & Industrial, US addressed loans - <$1MM | 1,061 | $105,647 | $99,573 |
Commercial & Industrial, US addressed loans - <$100k | 551 | $11,674 | $21,187 |
Commercial & Industrial, US addressed loans - $100-250k | 219 | $17,656 | $80,621 |
Commercial & Industrial, US addressed loans - $250k-1MM | 291 | $76,317 | $262,258 |
Farmland loans - <$1MM | 4 | $595 | $148,750 |
Farmland loans - <$100k | 3 | $108 | $36,000 |
Farmland loans - $250k-1MM | 1 | $487 | $487,000 |