Red River Bank Mortgage Rates, Fees & Info

Alexandria, LA

LEI: 5493006QG55R8V712J33

Tax ID: 72-1426574

5 stars - out of 5 stars, based on 42 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Red River Bank is a smaller bank specializing in Home Purchase and Refi loans. Red River Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets include Alexandria, Shreveport, Baton Rouge, New Orleans, and Lake Charles among others. Red River Bank 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. Red River Bank is typically an average fee lendor.


Originations

1,775

Origination Dollar Volume (All Markets)

$456,395,000

Employee count

351 Show all (21) awards

Relative Rate

Red River Bank's average 30 year fixed rate mortgage of loans were 2.82%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.33%.

Relative Fees

Red River Bank's average total fees for a 30 year fixed rate mortgage are $4,271.

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
ALEXANDRIA, LA (FHA|USDA|VA) 734 $150,850,000 $205,518 $3,553 3.07%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 447 $107,045,000 $239,474 $4,114 2.92%
BATON ROUGE, LA (FHA|USDA|VA) 277 $91,595,000 $330,668 $4,019 3.02%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 47 $25,255,000 $537,340 $3,478 3.15%
LAKE CHARLES, LA (FHA|USDA|VA) 48 $14,700,000 $306,250 $3,021 3.23%
Outside of Metro Areas 81 $13,015,000 $160,679 $3,465 3.04%
LAFAYETTE, LA (FHA|USDA|VA) 26 $10,560,000 $406,154 $4,430 3.03%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 7 $4,725,000 $675,000 $7,039 3.85%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 4 $2,580,000 $645,000 $0 3.85%
DeRidder, LA (FHA|USDA|VA) 3 $2,545,000 $848,333 $3,585 3.01%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 9 $2,475,000 $275,000 $5,099 2.77%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 5 $2,365,000 $473,000 $6,609 3.08%
Natchitoches, LA (FHA|USDA|VA) 10 $2,100,000 $210,000 $3,245 2.88%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 3 $1,885,000 $628,333 $4,063 2.60%
HAMMOND, LA (FHA|USDA|VA) 6 $1,850,000 $308,333 $4,669 2.85%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $1,555,000 $518,333 $5,202 2.83%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 4 $1,440,000 $360,000 $2,021 2.47%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 4 $1,390,000 $347,500 $3,197 3.19%
JACKSON, MS (FHA|USDA|VA) 4 $1,260,000 $315,000 $3,267 2.97%
HOT SPRINGS, AR (FHA|USDA|VA) 1 $1,255,000 $1,255,000 $3,452 3.38%
RENO, NV (FHA|USDA|VA) 1 $1,105,000 $1,105,000 $17,944 2.95%
Minden, LA (FHA|USDA|VA) 5 $1,015,000 $203,000 $3,649 2.55%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 3 $945,000 $315,000 $3,091 2.92%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 2 $920,000 $460,000 $2,978 3.75%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $900,000 $450,000 $12,024 2.44%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $715,000 $715,000 $2,809 2.75%
MONROE, LA (FHA|USDA|VA) 3 $675,000 $225,000 $3,245 2.79%
WACO, TX (FHA|USDA|VA) 1 $665,000 $665,000 $5,657 3.90%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $655,000 $655,000 $10,381 3.13%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $650,000 $325,000 $3,523 2.44%
Natchez, MS-LA (FHA|USDA|VA) 2 $620,000 $310,000 $6,664 3.08%
Opelousas, LA (FHA|USDA|VA) 3 $605,000 $201,667 $3,802 2.83%
Ruston, LA (FHA|USDA|VA) 3 $515,000 $171,667 $3,302 3.50%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $480,000 $240,000 $5,233 2.44%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $475,000 $475,000 $280 2.63%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $455,000 $455,000 $3,169 2.38%
Heber, UT (FHA|USDA|VA) 1 $435,000 $435,000 $3,233 2.38%
Jennings, LA (FHA|USDA|VA) 1 $405,000 $405,000 $4,176 2.50%
WICHITA, KS (FHA|USDA|VA) 1 $395,000 $395,000 $15,379 2.25%
COLUMBIA, MO (FHA|USDA|VA) 1 $345,000 $345,000 $2,237 3.38%
Magnolia, AR (FHA|USDA|VA) 1 $335,000 $335,000 $8,156 2.25%
Pahrump, NV (FHA|USDA|VA) 1 $335,000 $335,000 $3,195 2.50%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $325,000 $325,000 $4,647 3.38%
Morgan City, LA (FHA|USDA|VA) 1 $305,000 $305,000 $3,056 2.50%
Picayune, MS (FHA|USDA|VA) 2 $250,000 $125,000 $0 4.25%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $245,000 $245,000 $2,919 2.50%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $235,000 $235,000 $11,101 2.50%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $215,000 $215,000 $3,375 2.88%
Columbus, MS (FHA|USDA|VA) 1 $175,000 $175,000 $2,770 3.50%
COLUMBIA, SC (FHA|USDA|VA) 1 $175,000 $175,000 $2,740 2.95%
LONGVIEW, TX (FHA|USDA|VA) 1 $155,000 $155,000 $2,790 3.00%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $135,000 $135,000 $3,970 2.25%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.50%
Fort Polk South, LA (FHA|USDA|VA) 1 $35,000 $35,000 $1,313 4.90%

Red River Bank's top markets include Alexandria, Shreveport, Baton Rouge, New Orleans, and Lake Charles among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 1,431 $381,675,000 $266,719 $3,176 3.13%
FHA 151 $28,345,000 $187,715 $6,536 2.65%
VA 100 $30,210,000 $302,100 $6,317 2.47%
USDA 93 $16,165,000 $173,817 $5,094 2.54%

For the 2021 period, Red River Bank's most frequently originated loan type of loans were Conventional, with 1,431 originations. Their 2nd most popular type is FHA, with 151 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 1,007 $267,015,000 $265,159 $4,454 3.02%
Refi 532 $143,950,000 $270,583 $3,036 2.96%
Cash Out Refi 168 $36,690,000 $218,393 $3,390 2.82%
Other 39 $6,355,000 $162,949 $2,062 3.63%
Home Improvement 29 $2,385,000 $82,241 $1,014 4.41%

For the 2021, Red River Bank's most frequently cited loan purpose of loans were Home Purchase, with 1,007 originations. The 2nd most popular reason of loans were Refi, with 532 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 962 $216,810,000 $225,374 $4,271 2.82%
15 Year 350 $119,530,000 $341,514 $3,622 2.54%
Other 156 $44,820,000 $287,308 $1,824 4.11%
5 Year 134 $20,120,000 $150,149 $576 4.33%
20 Year 91 $31,705,000 $348,407 $3,851 2.93%
10 Year 55 $17,075,000 $310,455 $3,131 2.82%
1 Year 26 $5,860,000 $225,385 $0 4.52%
3 Year 1 $475,000 $475,000 $1,361 2.60%

For the 2021, Red River Bank's most frequently cited loan length of loans were 30 Year, with 962 originations. The 2nd most popular length of loans were 15 Year, with 350 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 1,297 $320,795,000 $247,336
$1k-2k 215 $45,505,000 $211,651
$5k+ 26 $20,600,000 $792,308
$3k-4k 22 $8,990,000 $408,636
$2k-3k 18 $7,000,000 $388,889

$4,271 of loans were Red River Bank's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 1,297 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 664 $168,440,000 $253,675
<2.5% 536 $128,410,000 $239,571
3-4% 373 $125,895,000 $337,520
4-5% 174 $29,430,000 $169,138
5-6% 27 $4,005,000 $148,333
6-7% 1 $215,000 $215,000

During 2021, Red River Bank's average interest rate of loans were 2.82%, while their most frequently originated rate bucket of loans were 2.5-3%, with 664 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 641 $178,085,000 $277,824 $4,113 2.81%
$100k-200k 585 $86,855,000 $148,470 $3,524 2.91%
$100,000 or less 289 $17,595,000 $60,882 $2,059 3.69%
$400k-600k 150 $72,070,000 $480,467 $4,544 2.93%
$600k-1MM 83 $61,865,000 $745,361 $5,920 3.22%
$1MM+ 27 $39,925,000 $1,478,704 $8,099 3.46%

2021 saw Red River Bank place emphasis on $200k-400k loans with 641 originations, totaling $178,085,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 309 $77,335,000 $250,275 $3,790 2.89%
$50k-75k 309 $53,575,000 $173,382 $4,050 2.86%
$250k+ 271 $126,135,000 $465,443 $4,263 3.15%
$50k or less 270 $35,230,000 $130,481 $3,750 2.92%
$75k-100k 242 $51,220,000 $211,653 $3,762 2.85%
$150k-250k 228 $65,720,000 $288,246 $3,408 2.98%

Red River Bank lent most frequently to those with incomes in the $100k-150k range, with 309 originations. The second most popular income band? $50k-75k, with 309 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 436 $119,070,000 $273,096 $3,643 2.97%
<20% 320 $94,470,000 $295,219 $3,282 2.93%
30-36% 303 $69,165,000 $228,267 $3,847 2.88%
41% 52 $11,010,000 $211,731 $4,431 2.85%
36% 52 $12,390,000 $238,269 $3,873 3.02%
44% 49 $10,575,000 $215,816 $4,386 2.84%
38% 47 $10,345,000 $220,106 $3,762 2.90%
39% 46 $11,240,000 $244,348 $3,474 2.86%
40% 44 $9,790,000 $222,500 $4,140 3.06%
37% 44 $9,770,000 $222,045 $3,891 3.17%
42% 42 $8,040,000 $191,429 $4,012 3.08%
45% 42 $8,900,000 $211,905 $4,351 2.92%
46% 38 $9,040,000 $237,895 $4,335 3.02%
43% 32 $6,550,000 $204,688 $4,136 2.91%
50-60% 30 $6,050,000 $201,667 $6,763 2.97%
49% 25 $5,235,000 $209,400 $4,291 2.84%
48% 21 $4,435,000 $211,190 $4,670 2.66%
47% 21 $5,375,000 $255,952 $5,526 2.89%
>60% 1 $35,000 $35,000 $332 4.90%

Red River Bank lent most frequently to those with DTI ratios of 20-30%, with 436 originations. The next most common DTI ratio? <20%, with 320 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 1,462 $374,510,000 $256,163 $3,711 2.96%
Not applicable 115 $42,225,000 $367,174 $3,304 4.13%
Black 157 $28,195,000 $179,586 $4,599 2.85%
Asian 27 $6,675,000 $247,222 $4,559 2.79%
Asian Indian 8 $3,860,000 $482,500 $5,328 3.25%
American Indian 3 $445,000 $148,333 $2,839 2.58%
Not provided 1 $355,000 $355,000 $750 2.50%
Other Pacific Islander 1 $95,000 $95,000 $2,754 3.13%
Vietnamese 1 $35,000 $35,000 $0 4.50%

Approval Rates

Total approvals of all applications
94.62%

Red River Bank has an average approval rate.

Pick Rate

Approvals leading to origination
82.16%

Red River Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 1,775 $456,395,000 $257,124

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
1,775 $456,395,000 $257,124

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 115 $14,815,000 $128,826 $2,237 3.24%
40-60% 209 $52,835,000 $252,799 $2,869 2.83%
60-80% 558 $161,070,000 $288,656 $3,425 3.06%
80-100% 773 $211,065,000 $273,047 $4,444 2.86%
Over 100% 32 $9,320,000 $291,250 $10,238 2.53%
Under 20% 52 $3,500,000 $67,308 $738 4.50%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
Rate Rabbit, Inc. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Red River Bank 4112 Lake Street, Suite 200 Lake Charles, LA 70605 Full Service B&M $36,290
Red River Bank 1020 Bridgewater Avenue Shreveport, LA 71106 Full Service B&M $66,210
Red River Bank 1210 Wall Street Lecompte, LA 71346 Full Service B&M $53,823
Red River Bank 12509 Highway 73 Geismar, LA 70734 Full Service B&M $27,751
Red River Bank 1412 Centre Court Drive, Suite 101 Alexandria, LA 71301 Full Service B&M $877,052
Red River Bank 14545 Wax Road Baton Rouge, LA 70818 Full Service B&M $44,977
Red River Bank 1500 Beglis Parkway Sulphur, LA 70663 Full Service B&M $6,707
Red River Bank 1753 East 70th Shreveport, LA 71105 Full Service B&M $148,542
Red River Bank 2591 South Acadian Thruway Baton Rouge, LA 70808 Full Service B&M $47,376
Red River Bank 2931 East Texas Street Bossier City, LA 71111 Full Service B&M $18,655
Red River Bank 3120 Highway 28 East Pineville, LA 71360 Full Service B&M $107,568
Red River Bank 3300 Airline Drive Bossier City, LA 71111 Full Service B&M $67,507
Red River Bank 3422 North Blvd. Alexandria, LA 71301 Full Service B&M $70,050
Red River Bank 4292 Highway 112 Forest Hill, LA 71430 Full Service B&M $43,632
Red River Bank 4425 Monroe Highway Pineville, LA 71360 Full Service B&M $75,798
Red River Bank 447 East Tunica Drive Marksville, LA 71351 Full Service B&M $64,527
Red River Bank 5063 Essen Lane Baton Rouge, LA 70809 Full Service B&M $245,674
Red River Bank 5350 Jones Creek Road Baton Rouge, LA 70817 Full Service B&M $36,112
Red River Bank 5631 Coliseum Boulevard Alexandria, LA 71303 Full Service B&M $74,795
Red River Bank 571 Hwy 171 Stonewall, LA 71078 Full Service B&M $11,903
Red River Bank 5868 Line Avenue Shreveport, LA 71106 Full Service B&M $55,990
Red River Bank 600 Jackson Street Alexandria, LA 71301 Full Service B&M $116,856
Red River Bank 601 Market Street Shreveport, LA 71101 Full Service B&M $187,538
Red River Bank 70561 Highway 21 Covington, LA 70433 Full Service B&M $25,955
Red River Bank 9400 Old Hammond Highway Baton Rouge, LA 70898 Full Service B&M $78,194

For 2021, Red River Bank had 25 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $77,339
Net interest income $71,722
Total noninterest income $26,749
Gross Fiduciary activities income $0
Service charges on deposit accounts $5,067
Trading account gains and fees $0
Additional Noninterest Income $21,682
Pre-tax net operating income $40,717
Securities gains (or losses, -) $19
Income before extraordinary items $33,485
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $33,485
Minority interest net income $0
Net income $33,485
Sale, conversion, retirement of capital stock, net $0
Net operating income $33,469

Red River Bank's gross interest income from loans was $77,339,000.
Red River Bank's net interest income from loans was $71,722,000.
Red River Bank's fee based income from loans was $5,067,000.
Red River Bank's net income from loans was $33,485,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $5,617
Provision for credit losses $1,900
Total noninterest expense $55,854
Salaries and employee benefits $32,449
Premises and equipment expense $5,443
Additional noninterest expense $17,962
Applicable income taxes $7,251
Net charge-offs $675
Cash dividends $0

Red River Bank's interest expense for loans was $5,617,000.
Red River Bank's payroll and benefits expense were $32,449,000.
Red River Bank's property, plant and equipment expenses $5,443,000.

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 $2,923,953
Deposits held in domestic offices $2,923,953
Deposits by Individuals, partnerships, and corporations $2,695,678
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $225,987
Deposits by Commercial banks and other depository institutions in U.S. $2,288
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $347,606
Demand deposits $151,620
Nontransaction accounts $2,576,347
Money market deposit accounts (MMDAs) $733,044
Other savings deposits (excluding MMDAs) $1,510,130
Total time deposits $333,173
Total time and savings deposits $2,772,333
Noninterest-bearing deposits $1,163,277
Interest-bearing deposits $1,760,676
Retail deposits $2,834,376
IRAs and Keogh plan accounts $38,520
Brokered deposits $0
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $3,224,522
Cash & Balances due from depository institutions $784,864
Interest-bearing balances $761,721
Total securities $667,024
Federal funds sold & reverse repurchase $0
Net loans and leases $1,668,946
Loan and leases loss allowance $19,176
Trading account assets $0
Bank premises and fixed assets $51,799
Other real estate owned $660
Goodwill and other intangibles $1,546
All other assets $49,683

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $3,224,522
Total Liabilities $2,940,154
Total deposits $2,923,953
Interest-bearing deposits $1,760,676
Deposits held in domestic offices $2,923,953
% insured (estimated) $58
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $16,201

Issued Loan Types

Type Value (in 000's)
Net loans and leases $1,668,946
Loan and leases loss allowance $19,176
Total loans and leases (domestic) $1,688,122
All real estate loans $1,255,342
Real estate loans in domestic offices $1,255,342
Construction and development loans $106,339
Residential 1-4 family construction $29,372
Other construction, all land development and other land $76,967
Loans secured by nonfarm nonresidential properties $632,709
Nonfarm nonresidential secured by owner-occupied properties $321,160
Commercial real estate & other non-farm, non-residential $311,549
Multifamily residential real estate $27,592
1-4 family residential loans $478,710
Farmland loans $9,992
Loans held in foreign offices $0
Farm loans $5,431
Commercial and industrial loans $303,020
To non-U.S. addressees $0
Loans to individuals $23,131
Credit card loans $1,129
Related Plans $1,479
Consumer Auto Loans $5,581
Other loans to individuals $14,942
All other loans & leases $101,198
Loans to foreign governments and official institutions $0
Other loans $20,472
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $2,073
Loans secured by real estate to non-U.S. addressees $155
Restructured Loans & leases $3,944
Non 1-4 family restructured loans & leases $3,655
Total loans and leases (foreign) $0

Red River Bank had $1,668,946,000 of loans outstanding in 2021. $1,255,342,000 of loans were in real estate loans. $106,339,000 of loans were in development loans. $27,592,000 of loans were in multifamily mortgage loans. $478,710,000 of loans were in 1-4 family mortgage loans. $5,431,000 of loans were in farm loans. $1,129,000 of loans were in credit card loans. $5,581,000 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 505 $147,193 $291,471
Nonfarm, nonresidential loans - <$100k 77 $3,759 $48,818
Nonfarm, nonresidential loans - $100-250k 153 $20,392 $133,281
Nonfarm, nonresidential loans - $250k-1MM 275 $123,042 $447,425
Commercial & Industrial, US addressed loans - <$1MM 2,158 $127,617 $59,137
Commercial & Industrial, US addressed loans - <$100k 1,641 $27,677 $16,866
Commercial & Industrial, US addressed loans - $100-250k 308 $32,966 $107,032
Commercial & Industrial, US addressed loans - $250k-1MM 209 $66,974 $320,450
Farmland loans - <$1MM 49 $5,512 $112,490
Farmland loans - <$100k 23 $924 $40,174
Farmland loans - $100-250k 18 $2,098 $116,556
Farmland loans - $250k-1MM 8 $2,490 $311,250
Agriculture operations loans - <$1MM 46 $3,119 $67,804
Agriculture operations loans - <$100k 27 $889 $32,926
Agriculture operations loans - $100-250k 13 $1,278 $98,308
Agriculture operations loans - $250k-1MM 6 $952 $158,667