Brentwood Bank Mortgage Rates, Fees & Info

Bethel Park, PA

LEI: 549300YBDU83IKL6II41

Tax ID: 25-1781429

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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

    Brentwood Bank is a smaller bank specializing in Refi and Home Purchase loans. Brentwood Bank has a high proportion of conventional loans. Their top markets by origination volume include: Pittsburgh, Youngstown, Boulder, Akron, and Virginia Beach among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Brentwood 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

    226

    Origination Dollar Volume (All Markets)

    $51,400,000

    Employee count

    84

    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
    PITTSBURGH, PA (FHA|USDA|VA) 219 $46,855,000 $213,950 $0 0.00%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $1,965,000 $1,965,000 $0 0.00%
    BOULDER, CO (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $0 0.00%
    AKRON, OH (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $0 0.00%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $235,000 $235,000 $0 0.00%
    St. Marys, PA (FHA|USDA|VA) 2 $230,000 $115,000 $0 0.00%
    New Castle, PA (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
    Brentwood Bank's top markets include Pittsburgh, Youngstown, Boulder, Akron, and Virginia Beach among others.

    Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 226 $51,400,000 $227,434 $0 0.00%

    For 2019, Brentwood Bank's most frequently originated type of loan was Conventional, with 226 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 91 $26,995,000 $296,648 $0 0.00%
    Home Purchase 78 $20,090,000 $257,564 $0 0.00%
    Home Improvement 35 $2,325,000 $66,429 $0 0.00%
    Other 22 $1,990,000 $90,455 $0 0.00%

    For 2019, Brentwood Bank's most frequently cited loan purpose was Refi, with 91 originations. The 2nd most popular reason was Home Purchase, with 78 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 226 $51,400,000 $227,434 $0 0.00%

    For 2019, Brentwood Bank's most frequently cited loan duration was Other, with 226 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 109 $5,545,000 $50,872 $0 0.00%
    $100k-200k 50 $7,140,000 $142,800 $0 0.00%
    $200k-400k 39 $10,185,000 $261,154 $0 0.00%
    $400k-600k 13 $6,145,000 $472,692 $0 0.00%
    $1MM+ 8 $17,120,000 $2,140,000 $0 0.00%
    $600k-1MM 7 $5,265,000 $752,143 $0 0.00%

    2019 saw Brentwood Bank place emphasis on $100,000 or less loans with 109 originations, totaling $5,545,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 41 $5,335,000 $130,122 $0 0.00%
    $50k-75k 40 $3,140,000 $78,500 $0 0.00%
    $150k-250k 27 $5,495,000 $203,519 $0 0.00%
    $75k-100k 26 $2,670,000 $102,692 $0 0.00%
    $250k+ 23 $9,905,000 $430,652 $0 0.00%
    $50k or less 15 $805,000 $53,667 $0 0.00%

    Brentwood Bank lent most frequently to those with incomes in the $100k-150k range, with 41 originations. The second most popular income band? $50k-75k, with 40 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 226 $51,400,000 $227,434 $0 0.00%

    Brentwood Bank lent most frequently to those with DTI ratios of Exempt%, with 226 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 164 $26,310,000 $160,427 $0 0.00%
    Not applicable 48 $23,150,000 $482,292 $0 0.00%
    Not provided 11 $1,555,000 $141,364 $0 0.00%
    Asian 2 $360,000 $180,000 $0 0.00%
    American Indian 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    86.45%

    Brentwood Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.50%

    Brentwood Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 226 $51,400,000 $227,434

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 23 $20,325,000 $883,696
    Single Family (1-4 Units):Site-Built 203 $31,075,000 $153,079

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Brentwood Bank 1050 Mcneilly Road Pittsburgh, PA 15226 Limited, Mobile/Seasonal Office $0
    Brentwood Bank 1290 Boyce Road Pittsburgh, PA 15241 Limited, Mobile/Seasonal Office $0
    Brentwood Bank 2960 Bethel Church Road Bethel Park, PA 15102 Limited, Mobile/Seasonal Office $0
    Brentwood Bank 303 Leopard Lane West Bridgewater, PA 15009 Full Service B&M $23,175
    Brentwood Bank 3039 Washington Pike Bridgeville, PA 15017 Full Service B&M $26,529
    Brentwood Bank 3635 Brownsville Road Pittsburgh, PA 15227 Full Service B&M $171,643
    Brentwood Bank 401 Mcmurray Rd Bethel Park, PA 15102 Full Service B&M $190,675
    Brentwood Bank 411 Mcmurray Road, Suite 200 Bethel Park, PA 15102 Full Service B&M $0
    Brentwood Bank 411 Mcmurray Road, Suite 200 Bethel Park, PA 15102 Limited, Mobile/Seasonal Office $1,331
    Brentwood Bank 50 Vanadium Road Bridgeville, PA 15017 Limited, Mobile/Seasonal Office $0
    Brentwood Bank 500 Lewis Run Road West Mifflin, PA 15122 Limited, Mobile/Seasonal Office $0
    Brentwood Bank 5259 Library Road Bethel Park, PA 15102 Full Service B&M $141,052

    For 2019, Brentwood Bank had 12 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $27,353
    Net interest income $19,622
    Total noninterest income $1,749
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $430
    Trading account gains and fees $0
    Additional Noninterest Income $1,319
    Pre-tax net operating income $5,937
    Securities gains (or losses, -) $423
    Income before extraordinary items $5,021
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $5,021
    Minority interest net income $0
    Net income $5,021
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $4,686

    Brentwood Bank's gross interest income from loans was $27,353,000.
    Brentwood Bank's net interest income from loans was $19,622,000.
    Brentwood Bank's fee based income from loans was $430,000.
    Brentwood Bank's net income from loans was $5,021,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $7,731
    Provision for credit losses $390
    Total noninterest expense $15,044
    Salaries and employee benefits $8,510
    Premises and equipment expense $1,699
    Additional noninterest expense $4,835
    Applicable income taxes $1,339
    Net charge-offs $0
    Cash dividends $298

    Brentwood Bank's interest expense for loans was $7,731,000.
    Brentwood Bank's payroll and benefits expense were $8,510,000.
    Brentwood Bank's property, plant and equipment expenses $1,699,000.

    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 $551,573
    Deposits held in domestic offices $551,573
    Deposits by Individuals, partnerships, and corporations $485,887
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $59,176
    Deposits by Commercial banks and other depository institutions in U.S. $6,510
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $37,334
    Demand deposits $10,357
    Nontransaction accounts $514,239
    Money market deposit accounts (MMDAs) $102,580
    Other savings deposits (excluding MMDAs) $246,095
    Total time deposits $165,564
    Total time and savings deposits $541,216
    Noninterest-bearing deposits $47,800
    Interest-bearing deposits $503,773
    Retail deposits $524,202
    IRAs and Keogh plan accounts $33,202
    Brokered deposits $5,700
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $705,972
    Cash & Balances due from depository institutions $14,146
    Interest-bearing balances $11,011
    Total securities $105,757
    Federal funds sold & reverse repurchase $0
    Net loans and leases $563,943
    Loan and leases loss allowance $4,826
    Trading account assets $0
    Bank premises and fixed assets $1,687
    Other real estate owned $0
    Goodwill and other intangibles $1,753
    All other assets $18,686

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $705,972
    Total Liabilities $617,636
    Total deposits $551,573
    Interest-bearing deposits $503,773
    Deposits held in domestic offices $551,573
    % insured (estimated) $83
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $64,415
    Subordinated debt $0
    All other liabilities $1,648

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $563,943
    Loan and leases loss allowance $4,826
    Total loans and leases (domestic) $568,769
    All real estate loans $530,481
    Real estate loans in domestic offices $530,481
    Construction and development loans $6,776
    Residential 1-4 family construction $1,023
    Other construction, all land development and other land $5,753
    Loans secured by nonfarm nonresidential properties $191,290
    Nonfarm nonresidential secured by owner-occupied properties $44,986
    Commercial real estate & other non-farm, non-residential $146,304
    Multifamily residential real estate $82,238
    1-4 family residential loans $250,177
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $22,214
    To non-U.S. addressees $0
    Loans to individuals $139
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $6
    Other loans to individuals $133
    All other loans & leases $16,591
    Loans to foreign governments and official institutions $0
    Other loans $14,036
    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 $302
    Non 1-4 family restructured loans & leases $120
    Total loans and leases (foreign) $0

    Brentwood Bank had $563,943,000 of loans outstanding in 2019. $530,481,000 of loans were in real estate loans. $6,776,000 of loans were in development loans. $82,238,000 of loans were in multifamily mortgage loans. $250,177,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $6,000 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 281 $61,522 $218,940
    Nonfarm, nonresidential loans - <$100k 66 $2,377 $36,015
    Nonfarm, nonresidential loans - $100-250k 103 $11,583 $112,456
    Nonfarm, nonresidential loans - $250k-1MM 112 $47,562 $424,661
    Commercial & Industrial, US addressed loans - <$1MM 163 $15,207 $93,294
    Commercial & Industrial, US addressed loans - <$100k 94 $2,832 $30,128
    Commercial & Industrial, US addressed loans - $100-250k 40 $3,907 $97,675
    Commercial & Industrial, US addressed loans - $250k-1MM 29 $8,468 $292,000