Premier Community Bank Mortgage Rates, Fees & Info

Marion, WI

LEI: 549300WD04PCWCETKZ02

Tax ID: 39-0451504

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    Premier Community Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Premier Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Shawano, Appleton, Oshkosh, Milwaukee, and Green Bay among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Premier Community Bank 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.

    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.

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    Originations

    75

    Origination Dollar Volume (All Markets)

    $9,805,000

    Employee count

    89

    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
    Outside of Metro Areas 40 $5,000,000 $125,000 $0 0.00%
    Shawano, WI (FHA|USDA|VA) 20 $2,670,000 $133,500 $0 0.00%
    APPLETON, WI (FHA|USDA|VA) 3 $735,000 $245,000 $0 0.00%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 7 $725,000 $103,571 $0 0.00%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $325,000 $325,000 $0 0.00%
    GREEN BAY, WI (FHA|USDA|VA) 3 $265,000 $88,333 $0 0.00%
    Stevens Point, WI (FHA|USDA|VA) 1 $85,000 $85,000 $0 0.00%
    Premier Community Bank's top markets include Shawano, Appleton, Oshkosh, Milwaukee, and Green Bay among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 75 $9,805,000 $130,733 $0 0.00%

    For 2018, Premier Community Bank's most frequently originated type of loan was Conventional, with 75 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 35 $5,525,000 $157,857 $0 0.00%
    Cash Out Refi 21 $2,325,000 $110,714 $0 0.00%
    Refi 13 $1,515,000 $116,538 $0 0.00%
    Home Improvement 6 $440,000 $73,333 $0 0.00%

    For 2018, Premier Community Bank's most frequently cited loan purpose was Home Purchase, with 35 originations. The 2nd most popular reason was Cash Out Refi, with 21 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 75 $9,805,000 $130,733 $0 0.00%

    For 2018, Premier Community Bank's most frequently cited loan duration was Other, with 75 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 35 $2,405,000 $68,714 $0 0.00%
    $100k-200k 29 $4,015,000 $138,448 $0 0.00%
    $200k-400k 9 $2,475,000 $275,000 $0 0.00%
    $400k-600k 2 $910,000 $455,000 $0 0.00%

    2018 saw Premier Community Bank place emphasis on $100,000 or less loans with 35 originations, totaling $2,405,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 20 $1,520,000 $76,000 $0 0.00%
    $50k-75k 19 $2,235,000 $117,632 $0 0.00%
    $100k-150k 11 $1,605,000 $145,909 $0 0.00%
    $75k-100k 9 $1,135,000 $126,111 $0 0.00%
    $150k-250k 4 $680,000 $170,000 $0 0.00%
    $250k+ 2 $530,000 $265,000 $0 0.00%

    Premier Community Bank lent most frequently to those with incomes in the $50k or less range, with 20 originations. The second most popular income band? $50k-75k, with 19 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 75 $9,805,000 $130,733 $0 0.00%

    Premier Community Bank lent most frequently to those with DTI ratios of Exempt%, with 75 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 67 $8,105,000 $120,970 $0 0.00%
    Not applicable 8 $1,700,000 $212,500 $0 0.00%

    Approval Rates

    Total approvals of all applications
    79.13%

    Premier Community Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    78.67%

    Premier Community Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 75 $9,805,000 $130,733

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $345,000 $345,000
    Single Family (1-4 Units):Manufactured 2 $160,000 $80,000
    Single Family (1-4 Units):Site-Built 72 $9,300,000 $129,167

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Primary Capital Mortgage, LLC VA mortgage Trouble during payment process 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Premier Community Bank 108 Railroad Avenue Bear Creek, WI 54922 Full Service B&M $11,225
    Premier Community Bank 112 Us Highway 45 Tigerton, WI 54486 Full Service B&M $11,023
    Premier Community Bank 230 Mavis Road Marion, WI 54950 Full Service B&M $61,383
    Premier Community Bank 307 Wolf River Drive Fremont, WI 54940 Full Service B&M $14,303
    Premier Community Bank 431 South Bridge Street Manawa, WI 54949 Full Service B&M $24,427
    Premier Community Bank 505 East State Street Iola, WI 54945 Full Service B&M $18,679
    Premier Community Bank 745 Highway 32 Pulaski, WI 54162 Full Service B&M $47,230
    Premier Community Bank 927 E Main St Winneconne, WI 54986 Full Service B&M $17,908
    Premier Community Bank 936 Furman Drive Waupaca, WI 54981 Full Service B&M $24,975
    Premier Community Bank N4805 Highway 22 Shawano, WI 54166 Full Service B&M $32,901

    For 2018, Premier Community Bank had 10 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $11,763
    Net interest income $10,528
    Total noninterest income $2,621
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $381
    Trading account gains and fees $0
    Additional Noninterest Income $2,240
    Pre-tax net operating income $2,507
    Securities gains (or losses, -) $21
    Income before extraordinary items $1,979
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $1,979
    Minority interest net income $0
    Net income $1,979
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $1,962

    Premier Community Bank's gross interest income from loans was $11,763,000.
    Premier Community Bank's net interest income from loans was $10,528,000.
    Premier Community Bank's fee based income from loans was $381,000.
    Premier Community Bank's net income from loans was $1,979,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,235
    Provision for credit losses $115
    Total noninterest expense $10,527
    Salaries and employee benefits $5,892
    Premises and equipment expense $972
    Additional noninterest expense $3,663
    Applicable income taxes $549
    Net charge-offs $-155
    Cash dividends $616

    Premier Community Bank's interest expense for loans was $1,235,000.
    Premier Community Bank's payroll and benefits expense were $5,892,000.
    Premier Community Bank's property, plant and equipment expenses $972,000.

    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 $269,778
    Deposits held in domestic offices $269,778
    Deposits by Individuals, partnerships, and corporations $215,074
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $54,333
    Deposits by Commercial banks and other depository institutions in U.S. $371
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $141,809
    Demand deposits $23,160
    Nontransaction accounts $127,969
    Money market deposit accounts (MMDAs) $41,673
    Other savings deposits (excluding MMDAs) $48,429
    Total time deposits $37,869
    Total time and savings deposits $246,618
    Noninterest-bearing deposits $23,160
    Interest-bearing deposits $246,618
    Retail deposits $258,128
    IRAs and Keogh plan accounts $11,663
    Brokered deposits $11,620
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $303,494
    Cash & Balances due from depository institutions $28,741
    Interest-bearing balances $19,793
    Total securities $47,408
    Federal funds sold & reverse repurchase $1,377
    Net loans and leases $208,405
    Loan and leases loss allowance $3,331
    Trading account assets $0
    Bank premises and fixed assets $5,320
    Other real estate owned $0
    Goodwill and other intangibles $791
    All other assets $11,452

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $303,494
    Total Liabilities $274,257
    Total deposits $269,778
    Interest-bearing deposits $246,618
    Deposits held in domestic offices $269,778
    % insured (estimated) $80
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $4,479

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $208,405
    Loan and leases loss allowance $3,331
    Total loans and leases (domestic) $211,736
    All real estate loans $171,566
    Real estate loans in domestic offices $171,566
    Construction and development loans $3,398
    Residential 1-4 family construction $563
    Other construction, all land development and other land $2,835
    Loans secured by nonfarm nonresidential properties $71,984
    Nonfarm nonresidential secured by owner-occupied properties $42,182
    Commercial real estate & other non-farm, non-residential $29,802
    Multifamily residential real estate $3,631
    1-4 family residential loans $45,696
    Farmland loans $46,857
    Loans held in foreign offices $0
    Farm loans $14,315
    Commercial and industrial loans $13,786
    To non-U.S. addressees $0
    Loans to individuals $5,887
    Credit card loans $146
    Related Plans $143
    Consumer Auto Loans $3,529
    Other loans to individuals $2,069
    All other loans & leases $6,181
    Loans to foreign governments and official institutions $0
    Other loans $52
    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 $908
    Non 1-4 family restructured loans & leases $551
    Total loans and leases (foreign) $0

    Premier Community Bank had $208,405,000 of loans outstanding in 2018. $171,566,000 of loans were in real estate loans. $3,398,000 of loans were in development loans. $3,631,000 of loans were in multifamily mortgage loans. $45,696,000 of loans were in 1-4 family mortgage loans. $14,315,000 of loans were in farm loans. $146,000 of loans were in credit card loans. $3,529,000 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 337 $37,594 $111,555
    Nonfarm, nonresidential loans - <$100k 204 $8,301 $40,691
    Nonfarm, nonresidential loans - $100-250k 82 $9,502 $115,878
    Nonfarm, nonresidential loans - $250k-1MM 51 $19,791 $388,059
    Commercial & Industrial, US addressed loans - <$1MM 173 $10,366 $59,919
    Commercial & Industrial, US addressed loans - <$100k 128 $3,864 $30,188
    Commercial & Industrial, US addressed loans - $100-250k 28 $2,868 $102,429
    Commercial & Industrial, US addressed loans - $250k-1MM 17 $3,634 $213,765
    Farmland loans - <$1MM 240 $26,012 $108,383
    Farmland loans - <$100k 104 $4,660 $44,808
    Farmland loans - $100-250k 93 $12,154 $130,688
    Farmland loans - $250k-1MM 43 $9,198 $213,907
    Agriculture operations loans - <$1MM 205 $7,869 $38,385
    Agriculture operations loans - <$100k 171 $4,243 $24,813
    Agriculture operations loans - $100-250k 17 $2,140 $125,882
    Agriculture operations loans - $250k-1MM 17 $1,486 $87,412