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, Somerset, Richmond, Erie, and Philadelphia among others. We have data for 8 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 an 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

    366

    Origination Dollar Volume (All Markets)

    $107,550,000

    Employee count

    95

    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) 356 $101,430,000 $284,916 $0 0.00%
    Somerset, PA (FHA|USDA|VA) 3 $4,775,000 $1,591,667 $0 0.00%
    RICHMOND, VA (FHA|USDA|VA) 1 $485,000 $485,000 $0 0.00%
    ERIE, PA (FHA|USDA|VA) 1 $205,000 $205,000 $0 0.00%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $195,000 $195,000 $0 0.00%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $180,000 $90,000 $0 0.00%
    Ashtabula, OH (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
    Meadville, PA (FHA|USDA|VA) 1 $135,000 $135,000 $0 0.00%
    Brentwood Bank's top markets include Pittsburgh, Somerset, Richmond, Erie, and Philadelphia among others.

    Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 366 $107,550,000 $293,852 $0 0.00%

    For 2021, Brentwood Bank's most frequently originated type of loan was Conventional, with 366 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 210 $59,460,000 $283,143 $0 0.00%
    Home Purchase 114 $44,990,000 $394,649 $0 0.00%
    Home Improvement 26 $2,230,000 $85,769 $0 0.00%
    Other 16 $870,000 $54,375 $0 0.00%

    For 2021, Brentwood Bank's most frequently cited loan purpose was Refi, with 210 originations. The 2nd most popular reason was Home Purchase, with 114 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 366 $107,550,000 $293,852 $0 0.00%

    For 2021, Brentwood Bank's most frequently cited loan duration was Other, with 366 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 103 $5,525,000 $53,641 $0 0.00%
    $100k-200k 101 $14,495,000 $143,515 $0 0.00%
    $200k-400k 94 $26,200,000 $278,723 $0 0.00%
    $400k-600k 30 $14,170,000 $472,333 $0 0.00%
    $600k-1MM 23 $16,865,000 $733,261 $0 0.00%
    $1MM+ 15 $30,295,000 $2,019,667 $0 0.00%

    2021 saw Brentwood Bank place emphasis on $100,000 or less loans with 103 originations, totaling $5,525,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 70 $13,410,000 $191,571 $0 0.00%
    $150k-250k 69 $20,095,000 $291,232 $0 0.00%
    $50k-75k 53 $6,495,000 $122,547 $0 0.00%
    $75k-100k 41 $6,825,000 $166,463 $0 0.00%
    $250k+ 37 $20,095,000 $543,108 $0 0.00%
    $50k or less 25 $2,555,000 $102,200 $0 0.00%

    Brentwood Bank lent most frequently to those with incomes in the $100k-150k range, with 70 originations. The second most popular income band? $150k-250k, with 69 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 366 $107,550,000 $293,852 $0 0.00%

    Brentwood Bank lent most frequently to those with DTI ratios of Exempt%, with 366 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 271 $62,705,000 $231,384 $0 0.00%
    Not applicable 62 $36,720,000 $592,258 $0 0.00%
    Not provided 26 $5,900,000 $226,923 $0 0.00%
    Asian 3 $975,000 $325,000 $0 0.00%
    Black 3 $865,000 $288,333 $0 0.00%
    American Indian 1 $385,000 $385,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    89.14%

    Brentwood Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    91.53%

    Brentwood Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 366 $107,550,000 $293,852

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    366 $107,550,000 $293,852

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Brentwood Bank 1001 Hastings Park Dr Bridgeville, PA 15017 Limited, Mobile/Seasonal Office $0
    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 $31,111
    Brentwood Bank 3039 Washington Pike Bridgeville, PA 15017 Full Service B&M $41,746
    Brentwood Bank 3603 Mcroberts Rd Pittsburgh, PA 15234 Limited, Mobile/Seasonal Office $0
    Brentwood Bank 3635 Brownsville Road Pittsburgh, PA 15227 Full Service B&M $190,571
    Brentwood Bank 401 Mcmurray Rd Bethel Park, PA 15102 Full Service B&M $206,821
    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 $7,693
    Brentwood Bank 50 Vanadium Road Bridgeville, PA 15017 Limited, Mobile/Seasonal Office $0
    Brentwood Bank 5259 Library Road Bethel Park, PA 15102 Full Service B&M $166,811

    For 2021, Brentwood Bank had 13 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $27,599
    Net interest income $24,583
    Total noninterest income $1,725
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $329
    Trading account gains and fees $0
    Additional Noninterest Income $1,396
    Pre-tax net operating income $9,640
    Securities gains (or losses, -) $-17
    Income before extraordinary items $7,426
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $7,426
    Minority interest net income $0
    Net income $7,426
    Sale, conversion, retirement of capital stock, net $8
    Net operating income $7,439

    Brentwood Bank's gross interest income from loans was $27,599,000.
    Brentwood Bank's net interest income from loans was $24,583,000.
    Brentwood Bank's fee based income from loans was $329,000.
    Brentwood Bank's net income from loans was $7,426,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,016
    Provision for credit losses $-254
    Total noninterest expense $16,922
    Salaries and employee benefits $9,824
    Premises and equipment expense $1,576
    Additional noninterest expense $5,522
    Applicable income taxes $2,197
    Net charge-offs $0
    Cash dividends $249

    Brentwood Bank's interest expense for loans was $3,016,000.
    Brentwood Bank's payroll and benefits expense were $9,824,000.
    Brentwood Bank's property, plant and equipment expenses $1,576,000.

    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 $680,249
    Deposits held in domestic offices $680,249
    Deposits by Individuals, partnerships, and corporations $586,121
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $86,081
    Deposits by Commercial banks and other depository institutions in U.S. $8,047
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $51,133
    Demand deposits $13,549
    Nontransaction accounts $629,116
    Money market deposit accounts (MMDAs) $126,215
    Other savings deposits (excluding MMDAs) $362,340
    Total time deposits $140,560
    Total time and savings deposits $666,700
    Noninterest-bearing deposits $72,348
    Interest-bearing deposits $607,901
    Retail deposits $647,844
    IRAs and Keogh plan accounts $29,934
    Brokered deposits $18,017
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $829,623
    Cash & Balances due from depository institutions $25,383
    Interest-bearing balances $23,429
    Total securities $127,769
    Federal funds sold & reverse repurchase $0
    Net loans and leases $652,314
    Loan and leases loss allowance $5,896
    Trading account assets $0
    Bank premises and fixed assets $1,547
    Other real estate owned $0
    Goodwill and other intangibles $1,745
    All other assets $20,865

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $829,623
    Total Liabilities $729,353
    Total deposits $680,249
    Interest-bearing deposits $607,901
    Deposits held in domestic offices $680,249
    % insured (estimated) $79
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $47,002
    Subordinated debt $0
    All other liabilities $2,102

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $652,314
    Loan and leases loss allowance $5,896
    Total loans and leases (domestic) $658,210
    All real estate loans $613,736
    Real estate loans in domestic offices $613,736
    Construction and development loans $5,862
    Residential 1-4 family construction $4,254
    Other construction, all land development and other land $1,608
    Loans secured by nonfarm nonresidential properties $229,137
    Nonfarm nonresidential secured by owner-occupied properties $27,842
    Commercial real estate & other non-farm, non-residential $201,295
    Multifamily residential real estate $115,909
    1-4 family residential loans $262,828
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $21,870
    To non-U.S. addressees $0
    Loans to individuals $105
    Credit card loans $0
    Related Plans $1
    Consumer Auto Loans $0
    Other loans to individuals $104
    All other loans & leases $23,419
    Loans to foreign governments and official institutions $0
    Other loans $15,773
    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 $245
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Brentwood Bank had $652,314,000 of loans outstanding in 2021. $613,736,000 of loans were in real estate loans. $5,862,000 of loans were in development loans. $115,909,000 of loans were in multifamily mortgage loans. $262,828,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $0 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 273 $67,939 $248,861
    Nonfarm, nonresidential loans - <$100k 103 $3,672 $35,650
    Nonfarm, nonresidential loans - $100-250k 75 $11,841 $157,880
    Nonfarm, nonresidential loans - $250k-1MM 95 $52,426 $551,853
    Commercial & Industrial, US addressed loans - <$1MM 147 $11,780 $80,136
    Commercial & Industrial, US addressed loans - <$100k 112 $2,960 $26,429
    Commercial & Industrial, US addressed loans - $100-250k 22 $3,446 $156,636
    Commercial & Industrial, US addressed loans - $250k-1MM 13 $5,374 $413,385