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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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PARTNERS TRUST BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
PARTNERS TRUST BANK |
| Address | 233 GENESEE STREET
UTICA, NY 13501 |
| Agency | Office of Thrift Supervision (OTS) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,847 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $292,561,000 |
| Average Mortgage Loan Amount Applied For | $127,153 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $89,692 |
| Highest Applicant Income | $996,000 |
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| Home Improvement |
730 | $18,863,000 |
$25,000 | $417,000 |
$63,000 | $341,000 |
| Home Purchase |
1,702 | $241,011,000 |
$141,000 | $1,502,000 |
$85,000 | $996,000 |
| Refinancing |
493 | $42,491,000 |
$86,000 | $2,000,000 |
$69,000 | $360,000 |
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| American Indian or Alaskan Native |
11 | $803,000 |
$73,000 | $238,000 |
$85,000 | $171,000 |
| Asian |
61 | $9,580,000 |
$157,000 | $500,000 |
$114,000 | $409,000 |
| Black or African American |
53 | $6,272,000 |
$118,000 | $548,000 |
$82,000 | $350,000 |
| Hispanic |
47 | $5,334,000 |
$113,000 | $392,000 |
$81,000 | $247,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $829,000 |
$138,000 | $417,000 |
$69,000 | $163,000 |
| Not applicable |
6 | $4,135,000 |
$689,000 | $1,502,000 |
$0 | $0 |
| Not Provided |
41 | $5,807,000 |
$141,000 | $581,000 |
$63,000 | $149,000 |
| White |
2,700 | $269,605,000 |
$99,000 | $2,000,000 |
$76,000 | $996,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,774 | $289,542,000 |
$104,000 | $2,000,000 |
$79,000 | $996,000 |
| FHA-insured (Federal Housing Administration) |
139 | $11,609,000 |
$83,000 | $178,000 |
$44,000 | $273,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
12 | $1,214,000 |
$101,000 | $182,000 |
$52,000 | $106,000 |
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| Application Approved But Not Accepted |
126 | $6,629,000 |
$52,000 | $392,000 |
$61,000 | $372,000 |
| Application Denied By Financial Institution |
213 | $10,565,000 |
$49,000 | $548,000 |
$49,000 | $350,000 |
| Application Withdrawn By Applicant |
72 | $8,429,000 |
$117,000 | $383,000 |
$82,000 | $355,000 |
| File Closed For Incompleteness |
79 | $5,259,000 |
$66,000 | $252,000 |
$65,000 | $341,000 |
| Loan Originated |
1,966 | $199,822,000 |
$101,000 | $2,000,000 |
$79,000 | $996,000 |
| Loan Purchased By The Institution |
391 | $61,857,000 |
$158,000 | $500,000 |
$91,000 | $520,000 |
| Preapproval Approved but not Accepted |
63 | $8,702,000 |
$138,000 | $440,000 |
$75,000 | $312,000 |
| Preapproval Denied by Financial Institution |
15 | $1,102,000 |
$73,000 | $225,000 |
$37,000 | $121,000 |
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| Collateral |
21 | $1,793,000 |
$85,000 | $348,000 |
$53,000 | $143,000 |
| Credit Application Incomplete |
2 | $14,000 |
$7,000 | $10,000 |
$21,000 | $27,000 |
| Credit History |
87 | $3,456,000 |
$39,000 | $548,000 |
$52,000 | $350,000 |
| Debt-To-Income Ratio |
92 | $4,703,000 |
$51,000 | $300,000 |
$46,000 | $269,000 |
| Employment History |
12 | $362,000 |
$30,000 | $110,000 |
$26,000 | $80,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $500,000 |
$250,000 | $250,000 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
12 | $839,000 |
$69,000 | $150,000 |
$60,000 | $300,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for PARTNERS TRUST BANK by:
Metropolitan Area And
County
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