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 Cash Out Refi, Home Purchase, and Refi loans. Premier Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Shawano, Green Bay, Appleton, Oshkosh, and Stevens Point 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.

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    Originations

    102

    Origination Dollar Volume (All Markets)

    $15,600,000

    Employee count

    88

    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 50 $7,570,000 $151,400 $0 0.00%
    Shawano, WI (FHA|USDA|VA) 28 $3,700,000 $132,143 $0 0.00%
    GREEN BAY, WI (FHA|USDA|VA) 10 $2,120,000 $212,000 $0 0.00%
    APPLETON, WI (FHA|USDA|VA) 4 $1,030,000 $257,500 $0 0.00%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 6 $850,000 $141,667 $0 0.00%
    Stevens Point, WI (FHA|USDA|VA) 3 $265,000 $88,333 $0 0.00%
    Marinette, WI-MI (FHA|USDA|VA) 1 $65,000 $65,000 $0 0.00%
    Premier Community Bank's top markets include Shawano, Green Bay, Appleton, Oshkosh, and Stevens Point among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 102 $15,600,000 $152,941 $0 0.00%

    For 2019, Premier Community Bank's most frequently originated type of loan was Conventional, with 102 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 43 $5,485,000 $127,558 $0 0.00%
    Home Purchase 30 $5,320,000 $177,333 $0 0.00%
    Refi 24 $4,380,000 $182,500 $0 0.00%
    Other 3 $375,000 $125,000 $0 0.00%
    Home Improvement 2 $40,000 $20,000 $0 0.00%

    For 2019, Premier Community Bank's most frequently cited loan purpose was Cash Out Refi, with 43 originations. The 2nd most popular reason was Home Purchase, with 30 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 102 $15,600,000 $152,941 $0 0.00%

    For 2019, Premier Community Bank's most frequently cited loan duration was Other, with 102 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 43 $2,765,000 $64,302 $0 0.00%
    $100k-200k 42 $5,910,000 $140,714 $0 0.00%
    $200k-400k 14 $3,710,000 $265,000 $0 0.00%
    $1MM+ 2 $2,790,000 $1,395,000 $0 0.00%
    $400k-600k 1 $425,000 $425,000 $0 0.00%

    2019 saw Premier Community Bank place emphasis on $100,000 or less loans with 43 originations, totaling $2,765,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 42 $3,920,000 $93,333 $0 0.00%
    $50k-75k 23 $2,735,000 $118,913 $0 0.00%
    $100k-150k 11 $2,355,000 $214,091 $0 0.00%
    $75k-100k 11 $1,535,000 $139,545 $0 0.00%
    $150k-250k 5 $885,000 $177,000 $0 0.00%
    $250k+ 3 $245,000 $81,667 $0 0.00%

    Premier Community Bank lent most frequently to those with incomes in the $50k or less range, with 42 originations. The second most popular income band? $50k-75k, with 23 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 102 $15,600,000 $152,941 $0 0.00%

    Premier Community Bank lent most frequently to those with DTI ratios of Exempt%, with 102 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 96 $11,850,000 $123,438 $0 0.00%
    Not applicable 5 $3,565,000 $713,000 $0 0.00%
    Asian 1 $185,000 $185,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    87.22%

    Premier Community Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.24%

    Premier Community Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 102 $15,600,000 $152,941

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $1,065,000 $1,065,000
    Single Family (1-4 Units):Manufactured 8 $710,000 $88,750
    Single Family (1-4 Units):Site-Built 93 $13,825,000 $148,656

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    Premier Lending, Inc. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 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 $11,592
    Premier Community Bank 112 Us Highway 45 Tigerton, WI 54486 Full Service B&M $11,895
    Premier Community Bank 230 Mavis Road Marion, WI 54950 Full Service B&M $71,364
    Premier Community Bank 307 Wolf River Drive Fremont, WI 54940 Full Service B&M $15,379
    Premier Community Bank 431 South Bridge Street Manawa, WI 54949 Full Service B&M $23,626
    Premier Community Bank 505 East State Street Iola, WI 54945 Full Service B&M $20,092
    Premier Community Bank 745 Highway 32 Pulaski, WI 54162 Full Service B&M $48,689
    Premier Community Bank 927 E Main St Winneconne, WI 54986 Full Service B&M $16,235
    Premier Community Bank 936 Furman Drive Waupaca, WI 54981 Full Service B&M $26,248
    Premier Community Bank N4805 Highway 22 Shawano, WI 54166 Full Service B&M $34,977

    For 2019, Premier Community Bank had 10 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $13,193
    Net interest income $11,196
    Total noninterest income $3,579
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $393
    Trading account gains and fees $0
    Additional Noninterest Income $3,186
    Pre-tax net operating income $3,607
    Securities gains (or losses, -) $0
    Income before extraordinary items $2,756
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $2,756
    Minority interest net income $0
    Net income $2,756
    Sale, conversion, retirement of capital stock, net $28
    Net operating income $2,756

    Premier Community Bank's gross interest income from loans was $13,193,000.
    Premier Community Bank's net interest income from loans was $11,196,000.
    Premier Community Bank's fee based income from loans was $393,000.
    Premier Community Bank's net income from loans was $2,756,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,997
    Provision for credit losses $160
    Total noninterest expense $11,008
    Salaries and employee benefits $6,252
    Premises and equipment expense $991
    Additional noninterest expense $3,765
    Applicable income taxes $851
    Net charge-offs $69
    Cash dividends $822

    Premier Community Bank's interest expense for loans was $1,997,000.
    Premier Community Bank's payroll and benefits expense were $6,252,000.
    Premier Community Bank's property, plant and equipment expenses $991,000.

    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 $278,634
    Deposits held in domestic offices $278,634
    Deposits by Individuals, partnerships, and corporations $227,845
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $48,786
    Deposits by Commercial banks and other depository institutions in U.S. $2,003
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $143,686
    Demand deposits $27,484
    Nontransaction accounts $134,948
    Money market deposit accounts (MMDAs) $47,043
    Other savings deposits (excluding MMDAs) $50,997
    Total time deposits $36,910
    Total time and savings deposits $251,150
    Noninterest-bearing deposits $27,484
    Interest-bearing deposits $251,150
    Retail deposits $267,090
    IRAs and Keogh plan accounts $11,482
    Brokered deposits $6,930
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $315,809
    Cash & Balances due from depository institutions $25,650
    Interest-bearing balances $18,624
    Total securities $43,450
    Federal funds sold & reverse repurchase $5,186
    Net loans and leases $223,264
    Loan and leases loss allowance $3,422
    Trading account assets $0
    Bank premises and fixed assets $5,189
    Other real estate owned $0
    Goodwill and other intangibles $621
    All other assets $12,449

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $315,808
    Total Liabilities $283,722
    Total deposits $278,634
    Interest-bearing deposits $251,150
    Deposits held in domestic offices $278,634
    % insured (estimated) $81
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $5,088

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $223,264
    Loan and leases loss allowance $3,422
    Total loans and leases (domestic) $226,686
    All real estate loans $182,960
    Real estate loans in domestic offices $182,960
    Construction and development loans $1,373
    Residential 1-4 family construction $751
    Other construction, all land development and other land $622
    Loans secured by nonfarm nonresidential properties $77,212
    Nonfarm nonresidential secured by owner-occupied properties $51,713
    Commercial real estate & other non-farm, non-residential $25,499
    Multifamily residential real estate $3,466
    1-4 family residential loans $50,089
    Farmland loans $50,820
    Loans held in foreign offices $0
    Farm loans $11,704
    Commercial and industrial loans $15,654
    To non-U.S. addressees $0
    Loans to individuals $8,128
    Credit card loans $148
    Related Plans $138
    Consumer Auto Loans $4,761
    Other loans to individuals $3,081
    All other loans & leases $8,241
    Loans to foreign governments and official institutions $0
    Other loans $59
    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 $5,785
    Non 1-4 family restructured loans & leases $5,503
    Total loans and leases (foreign) $0

    Premier Community Bank had $223,264,000 of loans outstanding in 2019. $182,960,000 of loans were in real estate loans. $1,373,000 of loans were in development loans. $3,466,000 of loans were in multifamily mortgage loans. $50,089,000 of loans were in 1-4 family mortgage loans. $11,704,000 of loans were in farm loans. $148,000 of loans were in credit card loans. $4,761,000 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 301 $30,394 $100,977
    Nonfarm, nonresidential loans - <$100k 178 $6,940 $38,989
    Nonfarm, nonresidential loans - $100-250k 80 $9,605 $120,063
    Nonfarm, nonresidential loans - $250k-1MM 43 $13,849 $322,070
    Commercial & Industrial, US addressed loans - <$1MM 186 $11,770 $63,280
    Commercial & Industrial, US addressed loans - <$100k 138 $3,263 $23,645
    Commercial & Industrial, US addressed loans - $100-250k 31 $3,154 $101,742
    Commercial & Industrial, US addressed loans - $250k-1MM 17 $5,353 $314,882
    Farmland loans - <$1MM 244 $27,913 $114,398
    Farmland loans - <$100k 106 $4,517 $42,613
    Farmland loans - $100-250k 88 $11,602 $131,841
    Farmland loans - $250k-1MM 50 $11,794 $235,880
    Agriculture operations loans - <$1MM 202 $8,171 $40,450
    Agriculture operations loans - <$100k 167 $4,039 $24,186
    Agriculture operations loans - $100-250k 21 $2,528 $120,381
    Agriculture operations loans - $250k-1MM 14 $1,604 $114,571