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 Refi, Cash Out Refi, and Home Purchase loans. Premier Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Shawano, Green Bay, Oshkosh, Beaver Dam, and Appleton among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Premier Community 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.

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    Originations

    206

    Origination Dollar Volume (All Markets)

    $35,480,000

    Employee count

    87

    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 85 $14,325,000 $168,529 $0 0.00%
    Shawano, WI (FHA|USDA|VA) 67 $11,635,000 $173,657 $0 0.00%
    GREEN BAY, WI (FHA|USDA|VA) 24 $3,290,000 $137,083 $0 0.00%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 15 $2,145,000 $143,000 $0 0.00%
    Beaver Dam, WI (FHA|USDA|VA) 2 $2,020,000 $1,010,000 $0 0.00%
    APPLETON, WI (FHA|USDA|VA) 5 $625,000 $125,000 $0 0.00%
    Stevens Point, WI (FHA|USDA|VA) 3 $605,000 $201,667 $0 0.00%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $460,000 $230,000 $0 0.00%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 2 $200,000 $100,000 $0 0.00%
    Iron Mountain, MI-WI (FHA|USDA|VA) 1 $175,000 $175,000 $0 0.00%
    Premier Community Bank's top markets include Shawano, Green Bay, Oshkosh, Beaver Dam, and Appleton among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 206 $35,480,000 $172,233 $0 0.00%

    For 2020, Premier Community Bank's most frequently originated type of loan was Conventional, with 206 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 75 $12,205,000 $162,733 $0 0.00%
    Cash Out Refi 70 $13,210,000 $188,714 $0 0.00%
    Home Purchase 54 $9,330,000 $172,778 $0 0.00%
    Home Improvement 4 $320,000 $80,000 $0 0.00%
    Other 3 $415,000 $138,333 $0 0.00%

    For 2020, Premier Community Bank's most frequently cited loan purpose was Refi, with 75 originations. The 2nd most popular reason was Cash Out Refi, with 70 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 206 $35,480,000 $172,233 $0 0.00%

    For 2020, Premier Community Bank's most frequently cited loan duration was Other, with 206 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 103 $14,465,000 $140,437 $0 0.00%
    $100,000 or less 55 $3,705,000 $67,364 $0 0.00%
    $200k-400k 40 $10,340,000 $258,500 $0 0.00%
    $400k-600k 3 $1,275,000 $425,000 $0 0.00%
    $600k-1MM 3 $2,395,000 $798,333 $0 0.00%
    $1MM+ 2 $3,300,000 $1,650,000 $0 0.00%

    2020 saw Premier Community Bank place emphasis on $100k-200k loans with 103 originations, totaling $14,465,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 54 $5,140,000 $95,185 $0 0.00%
    $50k-75k 50 $7,280,000 $145,600 $0 0.00%
    $100k-150k 31 $6,195,000 $199,839 $0 0.00%
    $75k-100k 28 $4,090,000 $146,071 $0 0.00%
    $150k-250k 13 $3,265,000 $251,154 $0 0.00%
    $250k+ 7 $3,305,000 $472,143 $0 0.00%

    Premier Community Bank lent most frequently to those with incomes in the $50k or less range, with 54 originations. The second most popular income band? $50k-75k, with 50 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 206 $35,480,000 $172,233 $0 0.00%

    Premier Community Bank lent most frequently to those with DTI ratios of Exempt%, with 206 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 193 $30,875,000 $159,974 $0 0.00%
    Not applicable 12 $4,490,000 $374,167 $0 0.00%
    Asian 1 $115,000 $115,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.05%

    Premier Community Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    93.20%

    Premier Community Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 206 $35,480,000 $172,233

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 5 $3,955,000 $791,000
    Single Family (1-4 Units):Manufactured 4 $400,000 $100,000
    Single Family (1-4 Units):Site-Built 197 $31,125,000 $157,995

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    Premier Mortgage, LLC VA 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 $13,117
    Premier Community Bank 112 Us Highway 45 Tigerton, WI 54486 Full Service B&M $13,658
    Premier Community Bank 230 Mavis Road Marion, WI 54950 Full Service B&M $73,515
    Premier Community Bank 307 Wolf River Drive Fremont, WI 54940 Full Service B&M $18,382
    Premier Community Bank 431 South Bridge Street Manawa, WI 54949 Full Service B&M $26,200
    Premier Community Bank 505 East State Street Iola, WI 54945 Full Service B&M $22,410
    Premier Community Bank 745 Highway 32 Pulaski, WI 54162 Full Service B&M $50,798
    Premier Community Bank 927 E Main St Winneconne, WI 54986 Full Service B&M $19,163
    Premier Community Bank 936 Furman Drive Waupaca, WI 54981 Full Service B&M $30,174
    Premier Community Bank N4805 Highway 22 Shawano, WI 54166 Full Service B&M $47,426

    For 2020, Premier Community Bank had 10 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $12,708
    Net interest income $11,406
    Total noninterest income $3,271
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $307
    Trading account gains and fees $0
    Additional Noninterest Income $2,964
    Pre-tax net operating income $3,240
    Securities gains (or losses, -) $3
    Income before extraordinary items $2,518
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $2,518
    Minority interest net income $0
    Net income $2,518
    Sale, conversion, retirement of capital stock, net $32
    Net operating income $2,515

    Premier Community Bank's gross interest income from loans was $12,708,000.
    Premier Community Bank's net interest income from loans was $11,406,000.
    Premier Community Bank's fee based income from loans was $307,000.
    Premier Community Bank's net income from loans was $2,518,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,302
    Provision for credit losses $610
    Total noninterest expense $10,827
    Salaries and employee benefits $6,181
    Premises and equipment expense $988
    Additional noninterest expense $3,658
    Applicable income taxes $725
    Net charge-offs $64
    Cash dividends $952

    Premier Community Bank's interest expense for loans was $1,302,000.
    Premier Community Bank's payroll and benefits expense were $6,181,000.
    Premier Community Bank's property, plant and equipment expenses $988,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 1.0%
    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 $345,489
    Deposits held in domestic offices $345,489
    Deposits by Individuals, partnerships, and corporations $280,118
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $63,369
    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 $201,734
    Demand deposits $43,884
    Nontransaction accounts $143,756
    Money market deposit accounts (MMDAs) $44,929
    Other savings deposits (excluding MMDAs) $66,797
    Total time deposits $32,031
    Total time and savings deposits $301,606
    Noninterest-bearing deposits $43,884
    Interest-bearing deposits $301,605
    Retail deposits $338,279
    IRAs and Keogh plan accounts $12,179
    Brokered deposits $1,828
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $389,361
    Cash & Balances due from depository institutions $35,415
    Interest-bearing balances $15,521
    Total securities $59,975
    Federal funds sold & reverse repurchase $37,565
    Net loans and leases $237,153
    Loan and leases loss allowance $3,969
    Trading account assets $0
    Bank premises and fixed assets $5,464
    Other real estate owned $25
    Goodwill and other intangibles $544
    All other assets $13,220

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $389,360
    Total Liabilities $355,113
    Total deposits $345,489
    Interest-bearing deposits $301,605
    Deposits held in domestic offices $345,489
    % insured (estimated) $76
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $4,000
    Subordinated debt $0
    All other liabilities $5,624

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $237,153
    Loan and leases loss allowance $3,969
    Total loans and leases (domestic) $241,122
    All real estate loans $189,640
    Real estate loans in domestic offices $189,640
    Construction and development loans $1,421
    Residential 1-4 family construction $957
    Other construction, all land development and other land $464
    Loans secured by nonfarm nonresidential properties $82,386
    Nonfarm nonresidential secured by owner-occupied properties $57,432
    Commercial real estate & other non-farm, non-residential $24,954
    Multifamily residential real estate $7,623
    1-4 family residential loans $44,524
    Farmland loans $53,686
    Loans held in foreign offices $0
    Farm loans $10,567
    Commercial and industrial loans $22,523
    To non-U.S. addressees $0
    Loans to individuals $7,806
    Credit card loans $183
    Related Plans $110
    Consumer Auto Loans $4,992
    Other loans to individuals $2,521
    All other loans & leases $10,586
    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 $5,713
    Non 1-4 family restructured loans & leases $5,458
    Total loans and leases (foreign) $0

    Premier Community Bank had $237,153,000 of loans outstanding in 2020. $189,640,000 of loans were in real estate loans. $1,421,000 of loans were in development loans. $7,623,000 of loans were in multifamily mortgage loans. $44,524,000 of loans were in 1-4 family mortgage loans. $10,567,000 of loans were in farm loans. $183,000 of loans were in credit card loans. $4,992,000 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 295 $35,343 $119,807
    Nonfarm, nonresidential loans - <$100k 167 $6,892 $41,269
    Nonfarm, nonresidential loans - $100-250k 82 $9,765 $119,085
    Nonfarm, nonresidential loans - $250k-1MM 46 $18,686 $406,217
    Commercial & Industrial, US addressed loans - <$1MM 239 $13,712 $57,372
    Commercial & Industrial, US addressed loans - <$100k 186 $4,720 $25,376
    Commercial & Industrial, US addressed loans - $100-250k 32 $3,253 $101,656
    Commercial & Industrial, US addressed loans - $250k-1MM 21 $5,739 $273,286
    Farmland loans - <$1MM 216 $26,090 $120,787
    Farmland loans - <$100k 84 $3,973 $47,298
    Farmland loans - $100-250k 76 $9,917 $130,487
    Farmland loans - $250k-1MM 56 $12,200 $217,857
    Agriculture operations loans - <$1MM 186 $7,190 $38,656
    Agriculture operations loans - <$100k 158 $4,179 $26,449
    Agriculture operations loans - $100-250k 17 $2,256 $132,706
    Agriculture operations loans - $250k-1MM 11 $755 $68,636