Bank Five Nine Mortgage Rates, Fees & Info
Oconomowoc, WI
LEI: 254900DTLB5WWMBJAD86
Tax ID: 39-0148000
5 stars
-
out of 5 stars, based on 51 reviews
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Mortgage Data
Bank Data
Overview
Bank Five Nine is a
smaller
bank
specializing in
Refi, Home Purchase, and Cash Out Refi loans.
Bank Five Nine has a high proportion of conventional loans.
They have a a low proportion of FHA loans. (This may mean they shy away from
first time homebuyers.)
Their top markets include Milwaukee, Chicago, Madison, Minneapolis, and Racine among others. Bank Five Nine has
an above average
approval rate for mortages when compared nationally.
They have
a below average
pick rate when compared to the same sample of other lendors.
Bank Five Nine is typically
a low fee
lendor.
Originations
2,559
Origination Dollar Volume (All Markets)
$622,105,000
Employee count
325
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Bank Five Nine - 2021
Bank Five Nine is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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Relative Rate
Bank Five Nine's average 30 year fixed rate mortgage of loans were
3.22%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of 0.07%.
Relative Fees
Bank Five Nine's average total fees for a 30 year fixed rate
mortgage are $2,600.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
Market |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA)
|
1,480
|
$368,910,000 |
$249,264 |
$2,180 |
3.03% |
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA)
|
201
|
$46,235,000 |
$230,025 |
$2,925 |
3.09% |
MADISON, WI (FHA|USDA|VA)
|
121
|
$34,335,000 |
$283,760 |
$2,586 |
3.08% |
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA)
|
107
|
$33,185,000 |
$310,140 |
$2,531 |
3.08% |
RACINE, WI (FHA|USDA|VA)
|
103
|
$23,745,000 |
$230,534 |
$2,840 |
3.10% |
Outside of Metro Areas
|
98 |
$23,670,000 |
$241,531 |
$2,610 |
3.17% |
GREEN BAY, WI (FHA|USDA|VA)
|
63
|
$12,225,000 |
$194,048 |
$2,645 |
3.07% |
Watertown-Fort Atkinson, WI (FHA|USDA|VA)
|
58
|
$11,070,000 |
$190,862 |
$1,989 |
2.97% |
APPLETON, WI (FHA|USDA|VA)
|
50
|
$10,280,000 |
$205,600 |
$2,227 |
2.96% |
Beaver Dam, WI (FHA|USDA|VA)
|
47
|
$9,705,000 |
$206,489 |
$2,170 |
3.03% |
WAUSAU-WESTON, WI (FHA|USDA|VA)
|
57
|
$9,375,000 |
$164,474 |
$2,584 |
2.85% |
Whitewater, WI (FHA|USDA|VA)
|
33
|
$8,545,000 |
$258,939 |
$2,233 |
3.15% |
OSHKOSH-NEENAH, WI (FHA|USDA|VA)
|
26
|
$6,550,000 |
$251,923 |
$2,585 |
3.16% |
EAU CLAIRE, WI (FHA|USDA|VA)
|
22
|
$3,410,000 |
$155,000 |
$1,867 |
2.84% |
SHEBOYGAN, WI (FHA|USDA|VA)
|
15
|
$2,465,000 |
$164,333 |
$2,254 |
3.12% |
FOND DU LAC, WI (FHA|USDA|VA)
|
9
|
$1,865,000 |
$207,222 |
$2,079 |
2.89% |
Baraboo, WI (FHA|USDA|VA)
|
7
|
$1,835,000 |
$262,143 |
$2,044 |
3.11% |
JANESVILLE-BELOIT, WI (FHA|USDA|VA)
|
7
|
$1,425,000 |
$203,571 |
$2,081 |
2.79% |
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA)
|
5
|
$1,345,000 |
$269,000 |
$2,664 |
2.98% |
Stevens Point, WI (FHA|USDA|VA)
|
6
|
$1,330,000 |
$221,667 |
$2,142 |
2.81% |
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA)
|
2
|
$850,000 |
$425,000 |
$3,197 |
3.19% |
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA)
|
1
|
$595,000 |
$595,000 |
$7,819 |
5.25% |
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA)
|
1
|
$525,000 |
$525,000 |
$5,921 |
3.75% |
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA)
|
2
|
$510,000 |
$255,000 |
$2,906 |
2.81% |
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA)
|
1
|
$505,000 |
$505,000 |
$4,276 |
3.13% |
CLEVELAND-ELYRIA, OH (FHA|USDA|VA)
|
1
|
$435,000 |
$435,000 |
$3,084 |
2.75% |
DECATUR, AL (FHA|USDA|VA)
|
2
|
$410,000 |
$205,000 |
$2,413 |
3.81% |
Lake City, FL (FHA|USDA|VA)
|
1
|
$405,000 |
$405,000 |
$2,574 |
3.38% |
Detroit-Warren-Dearborn, MI (FHA|USDA|VA)
|
1
|
$405,000 |
$405,000 |
$2,750 |
3.00% |
TUCSON, AZ (FHA|USDA|VA)
|
1
|
$375,000 |
$375,000 |
$4,125 |
3.25% |
Marinette, WI-MI (FHA|USDA|VA)
|
2
|
$350,000 |
$175,000 |
$2,318 |
3.81% |
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA)
|
1
|
$335,000 |
$335,000 |
$4,992 |
3.38% |
WICHITA, KS (FHA|USDA|VA)
|
1
|
$325,000 |
$325,000 |
$2,969 |
3.13% |
Shawano, WI (FHA|USDA|VA)
|
2
|
$300,000 |
$150,000 |
$1,760 |
2.88% |
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA)
|
1
|
$295,000 |
$295,000 |
$4,288 |
2.88% |
HUNTSVILLE, AL (FHA|USDA|VA)
|
1
|
$295,000 |
$295,000 |
$6,241 |
2.99% |
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA)
|
1
|
$285,000 |
$285,000 |
$4,295 |
3.50% |
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA)
|
1
|
$275,000 |
$275,000 |
$3,641 |
2.88% |
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA)
|
1
|
$265,000 |
$265,000 |
$3,364 |
3.13% |
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA)
|
2
|
$260,000 |
$130,000 |
$1,689 |
2.63% |
Manitowoc, WI (FHA|USDA|VA)
|
2
|
$230,000 |
$115,000 |
$3,815 |
3.06% |
DULUTH, MN-WI (FHA|USDA|VA)
|
1
|
$225,000 |
$225,000 |
$3,218 |
3.50% |
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA)
|
1
|
$225,000 |
$225,000 |
$3,639 |
3.63% |
Menomonie, WI (FHA|USDA|VA)
|
2
|
$220,000 |
$110,000 |
$2,571 |
4.13% |
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA)
|
1
|
$205,000 |
$205,000 |
$3,288 |
3.38% |
LAS CRUCES, NM (FHA|USDA|VA)
|
1
|
$195,000 |
$195,000 |
$3,029 |
3.25% |
ALBUQUERQUE, NM (FHA|USDA|VA)
|
1
|
$175,000 |
$175,000 |
$3,613 |
3.38% |
PANAMA CITY, FL (FHA|USDA|VA)
|
1
|
$175,000 |
$175,000 |
$3,692 |
3.25% |
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA)
|
1
|
$155,000 |
$155,000 |
$2,105 |
3.38% |
Houghton, MI (FHA|USDA|VA)
|
1
|
$135,000 |
$135,000 |
$2,445 |
2.88% |
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA)
|
1
|
$135,000 |
$135,000 |
$0 |
3.25% |
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA)
|
1
|
$135,000 |
$135,000 |
$2,940 |
2.63% |
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA)
|
1
|
$115,000 |
$115,000 |
$2,227 |
2.63% |
Iron Mountain, MI-WI (FHA|USDA|VA)
|
1
|
$95,000 |
$95,000 |
$1,710 |
2.63% |
Watertown, SD (FHA|USDA|VA)
|
1
|
$95,000 |
$95,000 |
$1,907 |
2.50% |
BOISE CITY, ID (FHA|USDA|VA)
|
1
|
$85,000 |
$85,000 |
$0 |
3.63% |
Bank Five Nine's top markets include Milwaukee, Chicago, Madison, Minneapolis, and Racine among others.
Product Mix
Loan Type |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
Conventional |
2,444 |
$598,880,000 |
$245,041 |
$2,186 |
3.05% |
FHA |
91 |
$17,325,000 |
$190,385 |
$6,001 |
3.11% |
VA |
24 |
$5,900,000 |
$245,833 |
$4,493 |
2.87% |
For the 2021 period, Bank Five Nine's most frequently
originated loan type
of loans were Conventional, with 2,444 originations.
Their 2nd most popular type is FHA,
with 91 originations.
Loan Reason
Loan Reason |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
Refi |
1,020 |
$227,140,000 |
$222,686 |
$1,760 |
2.83% |
Home Purchase |
966 |
$251,130,000 |
$259,969 |
$3,198 |
3.29% |
Cash Out Refi |
573 |
$143,835,000 |
$251,021 |
$1,991 |
3.03% |
For the 2021, Bank Five Nine's most frequently cited loan
purpose
of loans were Refi, with 1,020
originations.
The 2nd most popular reason of loans were Home Purchase,
with 966 originations.
Loan Duration/Length
Loan Length |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
30 Year |
1,766 |
$451,020,000 |
$255,391 |
$2,600 |
3.22% |
15 Year |
506 |
$96,660,000 |
$191,028 |
$1,790 |
2.46% |
20 Year |
122 |
$31,530,000 |
$258,443 |
$1,875 |
2.94% |
Other |
74 |
$20,440,000 |
$276,216 |
$1,665 |
3.02% |
10 Year |
57 |
$6,405,000 |
$112,368 |
$1,294 |
2.65% |
30+ year |
27 |
$14,485,000 |
$536,481 |
$3,273 |
3.81% |
5 Year |
7 |
$1,565,000 |
$223,571 |
$0 |
4.36% |
For the 2021, Bank Five Nine's most frequently cited loan
length
of loans were 30 Year, with 1,766 originations.
The 2nd most popular length of loans were 15 Year,
with 506 originations.
Origination Fees
Origination Fee |
Originations |
Total Value |
Average Loan |
$<1k |
2,131 |
$510,525,000 |
$239,571 |
$1k-2k |
250 |
$67,660,000 |
$270,640 |
$2k-3k |
30 |
$7,970,000 |
$265,667 |
$3k-4k |
18 |
$5,210,000 |
$289,444 |
$2,600 of loans were Bank Five Nine's
average total fees, while their most
frequently occuring range of origination fees were in the
$<1k bucket,
with 2,131 originations.
Interest Rates
Loan Rate |
Originations |
Total Value |
Average Loan |
2.5-3% |
1,061 |
$258,305,000 |
$243,454 |
3-4% |
942 |
$248,600,000 |
$263,907 |
<2.5% |
435 |
$80,245,000 |
$184,471 |
4-5% |
77 |
$22,285,000 |
$289,416 |
5-6% |
43 |
$12,595,000 |
$292,907 |
6-7% |
1 |
$75,000 |
$75,000 |
During 2021, Bank Five Nine's average interest
rate of loans were 3.22%, while their
most frequently originated rate bucket of loans were 2.5-3%,
with 1,061 originations.
Loan Sizing
Loan Size |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
$200k-400k |
1,124 |
$312,410,000 |
$277,945 |
$2,480 |
3.09% |
$100k-200k |
937 |
$140,805,000 |
$150,272 |
$2,220 |
2.98% |
$400k-600k |
285 |
$135,055,000 |
$473,877 |
$2,610 |
3.14% |
$100,000 or less |
200 |
$14,500,000 |
$72,500 |
$1,731 |
2.90% |
$600k-1MM |
8 |
$6,620,000 |
$827,500 |
$3,226 |
4.19% |
$1MM+ |
5 |
$12,715,000 |
$2,543,000 |
$4,354 |
4.06% |
2021 saw Bank Five Nine place emphasis on
$200k-400k loans
with 1,124 originations, totaling
$312,410,000 in origination value.
Applicant Income
Applicant Income |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
$100k-150k |
603 |
$169,245,000 |
$280,672 |
$2,306 |
3.07% |
$50k-75k |
575 |
$106,245,000 |
$184,774 |
$2,304 |
3.05% |
$75k-100k |
452 |
$99,130,000 |
$219,314 |
$2,451 |
3.04% |
$150k-250k |
393 |
$128,555,000 |
$327,112 |
$2,339 |
2.97% |
$50k or less |
357 |
$46,535,000 |
$130,350 |
$2,449 |
3.07% |
$250k+ |
128 |
$51,220,000 |
$400,156 |
$2,431 |
3.01% |
Bank Five Nine lent most frequently to those with incomes in the
$100k-150k range, with
603 originations.
The second most popular income band? $50k-75k,
with 575 originations.
Applicant Debt to Income Ratio
DTI Ratio |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
20-30% |
636 |
$152,050,000 |
$239,072 |
$2,238 |
2.94% |
30-36% |
516 |
$122,550,000 |
$237,500 |
$2,322 |
3.05% |
<20% |
279 |
$61,505,000 |
$220,448 |
$1,930 |
2.78% |
42% |
103 |
$22,885,000 |
$222,184 |
$2,438 |
3.24% |
40% |
100 |
$25,790,000 |
$257,900 |
$2,537 |
3.12% |
38% |
95 |
$22,715,000 |
$239,105 |
$2,466 |
3.12% |
41% |
90 |
$22,660,000 |
$251,778 |
$2,453 |
3.24% |
39% |
83 |
$21,775,000 |
$262,349 |
$2,557 |
3.20% |
36% |
82 |
$19,730,000 |
$240,610 |
$2,419 |
3.03% |
37% |
79 |
$17,875,000 |
$226,266 |
$2,441 |
2.97% |
43% |
78 |
$19,530,000 |
$250,385 |
$2,479 |
3.17% |
44% |
71 |
$16,115,000 |
$226,972 |
$2,530 |
3.08% |
45% |
53 |
$12,725,000 |
$240,094 |
$2,726 |
3.06% |
48% |
52 |
$13,300,000 |
$255,769 |
$2,311 |
2.98% |
47% |
50 |
$11,070,000 |
$221,400 |
$2,717 |
2.99% |
49% |
47 |
$11,455,000 |
$243,723 |
$2,210 |
2.98% |
46% |
43 |
$11,435,000 |
$265,930 |
$2,949 |
3.15% |
50-60% |
32 |
$7,930,000 |
$247,813 |
$4,577 |
3.81% |
>60% |
19 |
$7,835,000 |
$412,368 |
$2,942 |
4.79% |
Bank Five Nine lent most frequently to those with DTI ratios
of 20-30%, with
636 originations.
The next most common DTI ratio? 30-36%,
with 516 originations.
Ethnicity Mix
Applicant Ethnicity |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
White |
2,288 |
$545,670,000 |
$238,492 |
$2,300 |
3.02% |
Not provided |
165 |
$42,995,000 |
$260,576 |
$2,814 |
3.16% |
Not applicable |
9 |
$11,125,000 |
$1,236,111 |
$0 |
4.56% |
Black |
51 |
$10,615,000 |
$208,137 |
$3,259 |
3.35% |
Asian |
39 |
$9,405,000 |
$241,154 |
$2,193 |
3.09% |
American Indian |
4 |
$1,210,000 |
$302,500 |
$4,471 |
3.09% |
Native Hawaiian |
2 |
$830,000 |
$415,000 |
$1,892 |
3.13% |
Other Asian |
1 |
$255,000 |
$255,000 |
$1,503 |
2.99% |
Approval Rates
Total approvals of all applications
96.09%
Bank Five Nine has an exceptionally high approval rate. They
either target their audience
very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination
84.51%
Bank Five Nine has a below average pick rate.
Points and Fees
Points |
Originations |
Total Value |
Average Loan |
NA |
2,559 |
$622,105,000 |
$243,105 |
Occupancy Type Mix
Dwelling Type |
Originations |
Total Value |
Average Loan |
|
2,559 |
$622,105,000 |
$243,105 |
LTV Distribution
Loan to Value |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
20-40% |
156 |
$29,530,000 |
$189,295 |
$1,786 |
2.71% |
40-60% |
469 |
$93,795,000 |
$199,989 |
$1,899 |
2.81% |
60-80% |
1,063 |
$270,215,000 |
$254,200 |
$2,083 |
3.06% |
80-100% |
829 |
$223,325,000 |
$269,391 |
$3,077 |
3.22% |
Over 100% |
2 |
$1,980,000 |
$990,000 |
$8,694 |
4.19% |
Under 20% |
37 |
$2,455,000 |
$66,351 |
$887 |
3.06% |
Complaints
Bank Name |
Product |
Issue |
2021 CPFB Complaints |
% of Total Issues |
BANK OF THE WEST |
Conventional home mortgage |
Trouble during payment process |
6 |
20.0% |
BANK OF THE WEST |
VA mortgage |
Trouble during payment process |
1 |
3.3% |
BANK OF THE WEST |
Other type of mortgage |
Trouble during payment process |
2 |
6.7% |
BANK OF THE WEST |
Other type of mortgage |
Struggling to pay mortgage |
1 |
3.3% |
BANK OF THE WEST |
Other type of mortgage |
Closing on a mortgage |
1 |
3.3% |
BANK OF THE WEST |
Other type of mortgage |
Applying for a mortgage or refinancing an existing mortgage |
1 |
3.3% |
BANK OF THE WEST |
Home equity loan or line of credit (HELOC) |
Trouble during payment process |
3 |
10.0% |
BANK OF THE WEST |
Home equity loan or line of credit (HELOC) |
Closing on a mortgage |
4 |
13.3% |
BANK OF THE WEST |
Home equity loan or line of credit (HELOC) |
Applying for a mortgage or refinancing an existing mortgage |
2 |
6.7% |
BANK OF THE WEST |
FHA mortgage |
Trouble during payment process |
1 |
3.3% |
BANK OF THE WEST |
Conventional home mortgage |
Struggling to pay mortgage |
2 |
6.7% |
BANK OF THE WEST |
Conventional home mortgage |
Closing on a mortgage |
1 |
3.3% |
BANK OF THE WEST |
Conventional home mortgage |
Applying for a mortgage or refinancing an existing mortgage |
5 |
16.7% |
Bank Details
Branches
Bank Name |
Branch |
Branch Type |
Deposits (000's) |
Bank Five Nine |
1811 West Washington Avenue West Bend, WI 53095 |
Full Service B&M
|
$77,968 |
Bank Five Nine |
11715 North Port Washington Road Mequon, WI 53092 |
Full Service B&M
|
$64,364 |
Bank Five Nine |
12600 North Avenue Brookfield, WI 53005 |
Full Service B&M
|
$39,140 |
Bank Five Nine |
1300 Summit Avenue, Suite 100 Oconomowoc, WI 53066 |
Full Service B&M
|
$55,040 |
Bank Five Nine |
1306 W Wisconsin Av Oconomowoc, WI 53066 |
Limited, Mobile/Seasonal Office
|
$0 |
Bank Five Nine |
155 West Wisconsin Avenue Oconomowoc, WI 53066 |
Full Service B&M
|
$364,783 |
Bank Five Nine |
18815 West Capitol Drive Brookfield, WI 53005 |
Full Service B&M
|
$101,674 |
Bank Five Nine |
2300 Washington Street Grafton, WI 53024 |
Full Service B&M
|
$49,106 |
Bank Five Nine |
400 E Wisconsin Avenue Milwaukee, WI 53202 |
Limited, Drive-thru
|
$2,624 |
Bank Five Nine |
5555 N Port Washington Rd Glendale, WI 53217 |
Full Service B&M
|
$16,296 |
Bank Five Nine |
800 Cardinal Lane Hartland, WI 53029 |
Full Service B&M
|
$128,571 |
Bank Five Nine |
940 Bell Avenue Hartford, WI 53027 |
Full Service B&M
|
$70,581 |
Bank Five Nine |
N112 W17100 Mequon Road Germantown, WI 53022 |
Full Service B&M
|
$97,407 |
Bank Five Nine |
N56 W14044 Silver Spring Drive Suite 100 Menomonee Falls, WI 53051 |
Full Service B&M
|
$36,812 |
Bank Five Nine |
W359 N5900 Brown Street Oconomowoc, WI 53066 |
Full Service B&M
|
$101,724 |
For 2021, Bank Five Nine had 15 branches.
Yearly Performance Overview
Bank Income
Bank Five Nine's gross interest income from loans was $57,088,000.
Bank Five Nine's net interest income from loans was $50,273,000.
Bank Five Nine's fee based income from loans was $806,000.
Bank Five Nine's net income from loans was $22,587,000.
Bank Expenses
Item |
Value (in 000's) |
Total interest expense |
$6,815 |
Provision for credit losses |
$600 |
Total noninterest expense |
$51,062 |
Salaries and employee benefits |
$35,209 |
Premises and equipment expense |
$6,454 |
Additional noninterest expense |
$9,399 |
Applicable income taxes |
$5,349 |
Net charge-offs |
$505 |
Cash dividends |
$3,168 |
Bank Five Nine's interest expense for loans was $6,815,000.
Bank Five Nine's payroll and benefits expense were $35,209,000.
Bank Five Nine's property, plant and equipment expenses $6,454,000.
Deposits
Type |
Value (in 000's) |
Total deposits |
$1,272,464 |
Deposits held in domestic offices |
$1,272,464 |
Deposits by Individuals, partnerships, and corporations |
$1,224,643 |
Deposits by U.S. Government |
$3 |
Deposits by States and political subdivisions in the U.S. |
$47,819 |
Deposits by Commercial banks and other depository institutions in U.S. |
$0 |
Deposits by Banks in foreign countries |
$0 |
Deposits by Foreign governments and official institutions |
$0 |
Transaction accounts |
$182,300 |
Demand deposits |
$84,366 |
Nontransaction accounts |
$1,090,165 |
Money market deposit accounts (MMDAs) |
$336,588 |
Other savings deposits (excluding MMDAs) |
$465,925 |
Total time deposits |
$287,652 |
Total time and savings deposits |
$1,188,099 |
Noninterest-bearing deposits |
$242,767 |
Interest-bearing deposits |
$1,029,697 |
Retail deposits |
$1,168,907 |
IRAs and Keogh plan accounts |
$31,509 |
Brokered deposits |
$27,776 |
Deposits held in foreign offices |
$0 |
Assets
Asset |
Value (in 000's) |
Total Assets |
$1,553,593 |
Cash & Balances due from depository institutions |
$212,604 |
Interest-bearing balances |
$195,485 |
Total securities |
$254,975 |
Federal funds sold & reverse repurchase |
$0 |
Net loans and leases |
$1,010,814 |
Loan and leases loss allowance |
$9,042 |
Trading account assets |
$0 |
Bank premises and fixed assets |
$31,776 |
Other real estate owned |
$169 |
Goodwill and other intangibles |
$14,927 |
All other assets |
$28,328 |
Liabilities
Liabilities |
Value (in 000's) |
Total liabilities and capital |
$1,553,593 |
Total Liabilities |
$1,391,280 |
Total deposits |
$1,272,464 |
Interest-bearing deposits |
$1,029,697 |
Deposits held in domestic offices |
$1,272,464 |
% insured (estimated) |
$78 |
Federal funds purchased and repurchase agreements |
$58,939 |
Trading liabilities |
$0 |
Other borrowed funds |
$47,500 |
Subordinated debt |
$0 |
All other liabilities |
$12,377 |
Issued Loan Types
Type |
Value (in 000's) |
Net loans and leases |
$1,010,814 |
Loan and leases loss allowance |
$9,042 |
Total loans and leases (domestic) |
$1,019,856 |
All real estate loans |
$932,649 |
Real estate loans in domestic offices |
$932,649 |
Construction and development loans |
$144,941 |
Residential 1-4 family construction |
$24,969 |
Other construction, all land development and other land |
$119,972 |
Loans secured by nonfarm nonresidential properties |
$603,045 |
Nonfarm nonresidential secured by owner-occupied properties |
$558,086 |
Commercial real estate & other non-farm, non-residential |
$44,959 |
Multifamily residential real estate |
$35,619 |
1-4 family residential loans |
$148,850 |
Farmland loans |
$194 |
Loans held in foreign offices |
$0 |
Farm loans |
$0 |
Commercial and industrial loans |
$77,679 |
To non-U.S. addressees |
$0 |
Loans to individuals |
$3,394 |
Credit card loans |
$331 |
Related Plans |
$158 |
Consumer Auto Loans |
$141 |
Other loans to individuals |
$2,764 |
All other loans & leases |
$6,134 |
Loans to foreign governments and official institutions |
$0 |
Other loans |
$29 |
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 |
$0 |
Non 1-4 family restructured loans & leases |
$0 |
Total loans and leases (foreign) |
$0 |
Bank Five Nine had $1,010,814,000 of loans outstanding in 2021. $932,649,000 of loans were in real estate loans.
$144,941,000 of loans were in development loans. $35,619,000 of loans were in multifamily mortgage loans.
$148,850,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $331,000
of loans were in credit card loans. $141,000 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 |
673 |
$111,443 |
$165,591 |
Nonfarm, nonresidential loans - <$100k |
90 |
$1,982 |
$22,022 |
Nonfarm, nonresidential loans - $100-250k |
161 |
$11,008 |
$68,373 |
Nonfarm, nonresidential loans - $250k-1MM |
422 |
$98,453 |
$233,301 |
Commercial & Industrial, US addressed loans - <$1MM |
992 |
$70,431 |
$70,999 |
Commercial & Industrial, US addressed loans - <$100k |
514 |
$10,178 |
$19,802 |
Commercial & Industrial, US addressed loans - $100-250k |
278 |
$22,963 |
$82,601 |
Commercial & Industrial, US addressed loans - $250k-1MM |
200 |
$37,290 |
$186,450 |
Farmland loans - <$1MM |
4 |
$194 |
$48,500 |
Farmland loans - $100-250k |
2 |
$50 |
$25,000 |
Farmland loans - $250k-1MM |
2 |
$144 |
$72,000 |