Verabank Mortgage Rates, Fees & Info

Henderson, TX

LEI: 54930087FQP1S845Z665

Tax ID: 75-0187835

5 stars

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

Review & Overview

Verabank is a smaller bank specializing in Home Purchase and Refi loans. Verabank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Austin, Longview, Tyler, Athens, and College Station among others. We have data for 32 markets. (Some data included below & more in-depth data is available with an active subscription.)

Verabank 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. Verabank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

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.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™ Mortgage Type	Simulated Rate	Simulation Date
30 Year Conventional Purchase	6.77%	3/19/23
30 Year Conventional Refi	6.45%	3/19/23
30 Year Cash-out Refi	6.49%	3/19/23
30 Year VA Purchase	6.17%	3/19/23
30 Year VA Refi	6.27%	3/19/23
30 Year USDA Purchase	7.27%	3/19/23
30 Year USDA Refi	6.77%	3/19/23
15 Year Conventional Purchase	6.67%	3/19/23
15 Year Conventional Refi	6.72%	3/19/23
15 Year Cash-out Refi	6.72%	3/19/23
15 Year VA Purchase	5.88%	3/19/23
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Originations

826

Origination Dollar Volume (All Markets)

$259,110,000

Employee count

466

Awards

VeraBank 30 Year Conventional Loans gold

VeraBank 30 Year Conventional Loans silver

VeraBank 30 Year Conventional Loans bronze

Show all (3) awards

Relative Rate

Verabank's average 30 year fixed mortgage rate was 3.18%.

The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

This yields a difference of 0.03%.

Relative Fees (Closing Costs)

Verabank's average total fees/closing costs for a 30 year fixed rate mortgage were $4,498.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

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
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA\|USDA\|VA)	67	$66,395,000	$990,970	$7,240	3.35%
LONGVIEW, TX (FHA\|USDA\|VA)	214	$48,470,000	$226,495	$3,473	3.45%
TYLER, TX (FHA\|USDA\|VA)	129	$32,415,000	$251,279	$4,031	3.41%
Athens, TX (FHA\|USDA\|VA)	80	$16,030,000	$200,375	$4,058	3.98%
COLLEGE STATION-BRYAN, TX (FHA\|USDA\|VA)	39	$15,555,000	$398,846	$4,923	3.86%
Outside of Metro Areas	63	$14,115,000	$224,048	$3,748	3.51%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	28	$12,080,000	$431,429	$5,797	3.73%
WACO, TX (FHA\|USDA\|VA)	14	$12,040,000	$860,000	$4,849	4.05%
Corsicana, TX (FHA\|USDA\|VA)	40	$8,050,000	$201,250	$3,207	3.69%
Palestine, TX (FHA\|USDA\|VA)	40	$5,690,000	$142,250	$3,843	4.00%
KILLEEN-TEMPLE, TX (FHA\|USDA\|VA)	22	$4,470,000	$203,182	$5,647	4.09%
Lufkin, TX (FHA\|USDA\|VA)	22	$3,770,000	$171,364	$3,271	3.95%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA\|USDA\|VA)	6	$3,080,000	$513,333	$9,853	4.23%
Jacksonville, TX (FHA\|USDA\|VA)	10	$2,440,000	$244,000	$3,870	3.48%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	6	$2,360,000	$393,333	$4,474	3.08%
Mount Pleasant, TX (FHA\|USDA\|VA)	16	$2,360,000	$147,500	$2,922	3.56%
Huntsville, TX (FHA\|USDA\|VA)	10	$2,100,000	$210,000	$4,140	3.18%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA\|USDA\|VA)	1	$1,575,000	$1,575,000	$0	4.25%
EL PASO, TX (FHA\|USDA\|VA)	1	$1,205,000	$1,205,000	$5,413	3.25%
Port Lavaca, TX (FHA\|USDA\|VA)	1	$795,000	$795,000	$9,580	3.50%
Nacogdoches, TX (FHA\|USDA\|VA)	3	$615,000	$205,000	$0	4.42%
PENSACOLA-FERRY PASS-BRENT, FL (FHA\|USDA\|VA)	1	$585,000	$585,000	$7,327	4.75%
McAlester, OK (FHA\|USDA\|VA)	1	$475,000	$475,000	$0	4.75%
Breckenridge, CO (FHA\|USDA\|VA)	1	$435,000	$435,000	$4,930	2.50%
BATON ROUGE, LA (FHA\|USDA\|VA)	1	$425,000	$425,000	$0	4.29%
Sulphur Springs, TX (FHA\|USDA\|VA)	3	$335,000	$111,667	$0	4.50%
North Port-Sarasota-Bradenton, FL (FHA\|USDA\|VA)	1	$295,000	$295,000	$0	3.88%
Brenham, TX (FHA\|USDA\|VA)	1	$285,000	$285,000	$0	4.25%
LUBBOCK, TX (FHA\|USDA\|VA)	2	$230,000	$115,000	$0	4.16%
Rockport, TX (FHA\|USDA\|VA)	1	$155,000	$155,000	$3,028	3.50%
Stephenville, TX (FHA\|USDA\|VA)	1	$145,000	$145,000	$0	4.50%
Ruidoso, NM (FHA\|USDA\|VA)	1	$135,000	$135,000	$2,445	2.50%

Verabank's top markets include Austin, Longview, Tyler, Athens, and College Station among others.

Their top states include:

Texas (FHA|USDA|VA)

Florida (FHA|USDA|VA)

Oklahoma (FHA|USDA|VA)

Montana (FHA|USDA|VA)

Colorado (FHA|USDA|VA)

Similar Lenders

We use machine learning to identify the top lenders compared against VeraBank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

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U S WIDE FINANCIAL LLC
Similarity Rank: 924

SMART CHOICE MORTGAGE, A TEXAS LIMITED LIABILITY C
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CAPITAL PLUS FINANCIAL, LLC
Similarity Rank: 1200

Credence Funding Corporation
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WESTSTAR MORTGAGE CORPORATION
Similarity Rank: 1408

UNION SQUARE
Similarity Rank: 2220

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	813	$256,445,000	$315,431	$4,147	3.62%
USDA	7	$985,000	$140,714	$4,328	3.30%
VA	6	$1,680,000	$280,000	$3,933	2.75%

For 2021, Verabank's most frequently originated type of loan was Conventional, with 813 originations. Their 2nd most popular type was USDA, with 7 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	478	$171,820,000	$359,456	$4,920	3.73%
Refi	256	$69,900,000	$273,047	$3,264	3.42%
Cash Out Refi	45	$10,245,000	$227,667	$4,657	2.90%
Home Improvement	34	$4,760,000	$140,000	$2,218	4.37%
Other	13	$2,385,000	$183,462	$2,335	3.87%

For 2021, Verabank's most frequently cited loan purpose was Home Purchase, with 478 originations. The 2nd most popular reason was Refi, with 256 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	347	$120,735,000	$347,939	$4,498	3.18%
15 Year	207	$34,085,000	$164,662	$3,009	3.71%
20 Year	121	$26,675,000	$220,455	$2,844	4.19%
Other	54	$33,160,000	$614,074	$4,341	4.08%
10 Year	38	$6,890,000	$181,316	$2,733	3.95%
30+ year	24	$18,450,000	$768,750	$9,700	3.23%
1 Year	17	$3,995,000	$235,000	$2,665	4.53%
5 Year	16	$14,980,000	$936,250	$1,525	4.45%
3 Year	2	$140,000	$70,000	$0	5.00%

For 2021, Verabank's most frequently cited loan duration was 30 Year, with 347 originations. The 2nd most popular length was 15 Year, with 207 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$<1k	308	$69,720,000	$226,364
$1k-2k	178	$47,580,000	$267,303
$2k-3k	63	$31,545,000	$500,714
$3k-4k	16	$8,400,000	$525,000
$5k+	10	$10,050,000	$1,005,000
$4k-5k	9	$5,625,000	$625,000

Verabank's average total fees were $4,498, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 308 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
3-4%	280	$91,270,000	$325,964
4-5%	241	$70,225,000	$291,390
2.5-3%	189	$68,875,000	$364,418
<2.5%	84	$25,830,000	$307,500
5-6%	27	$2,355,000	$87,222
6-7%	5	$555,000	$111,000

During 2021, Verabank's average interest rate for loans was 3.18%, while their most frequently originated rate bucket for loans was 3-4%, with 280 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-200k	261	$37,455,000	$143,506	$3,081	3.50%
$200k-400k	215	$60,615,000	$281,930	$4,488	3.32%
$100,000 or less	177	$11,925,000	$67,373	$1,832	4.32%
$400k-600k	86	$41,970,000	$488,023	$6,423	3.39%
$600k-1MM	52	$40,420,000	$777,308	$5,850	3.49%
$1MM+	35	$66,725,000	$1,906,429	$11,889	3.44%

2021 saw Verabank place emphasis on $100k-200k loans with 261 originations, totaling $37,455,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	134	$33,360,000	$248,955	$4,281	3.43%
$50k-75k	122	$19,890,000	$163,033	$3,296	3.41%
$75k-100k	114	$23,120,000	$202,807	$3,519	3.40%
$150k-250k	98	$39,540,000	$403,469	$5,094	3.44%
$50k or less	98	$10,300,000	$105,102	$2,696	3.72%
$250k+	91	$60,235,000	$661,923	$7,157	3.23%

Verabank lent most frequently to those with incomes in the $100k-150k range, with 134 originations. The second most popular income band? $50k-75k, with 122 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	150	$37,490,000	$249,933	$4,079	3.31%
30-36%	130	$32,750,000	$251,923	$3,818	3.34%
<20%	75	$29,035,000	$387,133	$5,000	3.45%
38%	34	$6,390,000	$187,941	$3,770	3.70%
39%	27	$8,215,000	$304,259	$4,092	3.68%
40%	27	$5,275,000	$195,370	$3,684	3.60%
42%	24	$5,000,000	$208,333	$3,904	3.39%
36%	24	$7,150,000	$297,917	$4,460	3.47%
37%	24	$5,410,000	$225,417	$3,142	3.72%
41%	20	$4,380,000	$219,000	$3,543	3.51%
43%	20	$4,940,000	$247,000	$3,669	3.31%
44%	17	$4,825,000	$283,824	$4,467	3.30%
>60%	15	$9,665,000	$644,333	$6,864	3.36%
47%	12	$4,840,000	$403,333	$5,156	3.14%
45%	11	$2,705,000	$245,909	$4,436	3.32%
50-60%	10	$7,300,000	$730,000	$6,790	3.27%
49%	9	$2,185,000	$242,778	$4,162	3.25%
46%	7	$2,395,000	$342,143	$4,651	3.64%
48%	6	$1,530,000	$255,000	$4,877	3.29%

Verabank lent most frequently to those with DTI ratios of 20-30%, with 150 originations. The next most common DTI ratio? 30-36%, with 130 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	556	$159,220,000	$286,367	$4,190	3.43%
Not applicable	150	$68,560,000	$457,067	$0	4.39%
Not provided	81	$23,875,000	$294,753	$4,005	3.37%
Black	28	$5,670,000	$202,500	$3,753	3.78%
Asian	6	$1,000,000	$166,667	$4,103	3.84%
American Indian	3	$495,000	$165,000	$3,393	3.67%
Other Asian	1	$185,000	$185,000	$0	4.75%
Other Pacific Islander	1	$105,000	$105,000	$0	4.25%

Approval Rates

Total approvals of all applications
86.46%

Verabank has an average approval rate.

Pick Rate

Approvals leading to origination
76.63%

Verabank has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
NA	826	$259,110,000	$313,692

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	826	$259,110,000	$313,692

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	70	$15,960,000	$228,000	$3,217	3.40%
40-60%	127	$37,445,000	$294,843	$4,088	3.39%
60-80%	313	$116,475,000	$372,125	$4,368	3.61%
80-100%	293	$86,985,000	$296,877	$4,484	3.73%
Over 100%	2	$510,000	$255,000	$0	4.13%
Under 20%	21	$1,735,000	$82,619	$1,242	4.20%

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
Verabank, National Association	115 West Royall Boulevard Malakoff, TX 75148	Full Service B&M	$27,997
Verabank, National Association	302 North Jefferson Street Mount Pleasant, TX 75455	Full Service B&M	$69,940
Verabank, National Association	3412 4th St. Longview, TX 75605	Full Service B&M	$42,034
Verabank, National Association	345 E. Fm 2410 Harker Heights, TX 76548	Full Service B&M	$61,157
Verabank, National Association	3590 West 7th Avenue Corsicana, TX 75110	Full Service B&M	$47,359
Verabank, National Association	3957 Raleigh Dr Temple, TX 76502	Full Service B&M	$31,502
Verabank, National Association	410 North Kilgore Street Kilgore, TX 75662	Full Service B&M	$68,172
Verabank, National Association	415 South First Street Lufkin, TX 75901	Full Service B&M	$61,817
Verabank, National Association	4282 Boonville Rd, Ste 200 Bryan, TX 77802	Full Service B&M	$0
Verabank, National Association	5001 Estes Parkway Longview, TX 75603	Full Service B&M	$45,132
Verabank, National Association	601 Spur 156 Waskom, TX 75692	Full Service B&M	$52,252
Verabank, National Association	620 West Front Street Tyler, TX 75702	Full Service B&M	$21,947
Verabank, National Association	739 E Tyler St Athens, TX 75751	Full Service B&M	$83,588
Verabank, National Association	800 Gilmer Road Longview, TX 75604	Full Service B&M	$27,331
Verabank, National Association	100 East Main Florence, TX 76527	Full Service B&M	$95,348
Verabank, National Association	100 North Main Street Corsicana, TX 75110	Full Service B&M	$198,070
Verabank, National Association	101 North Mckinney Street Mexia, TX 76667	Full Service B&M	$29,078
Verabank, National Association	105 Highway 31 East Chandler, TX 75758	Full Service B&M	$100,944
Verabank, National Association	107 Market Square Boulevard Tyler, TX 75703	Full Service B&M	$41,545
Verabank, National Association	109 East Broadway Jefferson, TX 75657	Full Service B&M	$84,900
Verabank, National Association	110 West Rust Street Mount Enterprise, TX 75681	Full Service B&M	$34,251
Verabank, National Association	1100 Williams Drive Georgetown, TX 78628	Full Service B&M	$80,649
Verabank, National Association	1101 South White Oak Road White Oak, TX 75693	Full Service B&M	$60,879
Verabank, National Association	805 South John Redditt Drive Lufkin, TX 75904	Full Service B&M	$68,824
Verabank, National Association	902 Palm Valley Dr. Round Rock, TX 78664	Full Service B&M	$196,495
Verabank, National Association	120 North Gray Street Killeen, TX 76541	Full Service B&M	$131,848
Verabank, National Association	13601 W. Hwy. 29 Liberty Hill, TX 78642	Full Service B&M	$49,773
Verabank, National Association	165 North Hill Street Tatum, TX 75691	Full Service B&M	$88,983
Verabank, National Association	1708 East End Boulevard North Marshall, TX 75670	Full Service B&M	$94,786
Verabank, National Association	1718 Eleventh Street Huntsville, TX 77340	Full Service B&M	$140,634
Verabank, National Association	200 N. Fredonia St. Longview, TX 75601	Full Service B&M	$41,752
Verabank, National Association	201 West Main Street Henderson, TX 75653	Full Service B&M	$435,371
Verabank, National Association	207 West Spring Street Palestine, TX 75801	Full Service B&M	$129,174
Verabank, National Association	2201 E. Stan Schlueter Loop, Suite B Killeen, TX 76542	Full Service Retail	$12,006
Verabank, National Association	2217 W Grande Blvd Tyler, TX 75703	Full Service B&M	$74,509
Verabank, National Association	2320 Highway 79 South Henderson, TX 75652	Full Service B&M	$61,123
Verabank, National Association	2531 Earl Rudder Freeway South College Station, TX 77845	Full Service B&M	$42,033

For 2021, Verabank had 37 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$99,799
Net interest income	$91,823
Total noninterest income	$38,048
Gross Fiduciary activities income	$6,238
Service charges on deposit accounts	$8,396
Trading account gains and fees	$0
Additional Noninterest Income	$23,414
Pre-tax net operating income	$45,460
Securities gains (or losses, -)	$1,247
Income before extraordinary items	$39,492
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$39,492
Minority interest net income	$0
Net income	$39,492
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$38,432

Verabank's gross interest income from loans was $99,799,000.
Verabank's net interest income from loans was $91,823,000.
Verabank's fee based income from loans was $8,396,000.
Verabank's net income from loans was $39,492,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$7,976
Provision for credit losses	$2,221
Total noninterest expense	$82,190
Salaries and employee benefits	$46,806
Premises and equipment expense	$11,338
Additional noninterest expense	$24,046
Applicable income taxes	$7,215
Net charge-offs	$1,224
Cash dividends	$39,398

Verabank's interest expense for loans was $7,976,000.
Verabank's payroll and benefits expense were $46,806,000.
Verabank's property, plant and equipment expenses $11,338,000.

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	$3,317,603
Deposits held in domestic offices	$3,317,603
Deposits by Individuals, partnerships, and corporations	$2,971,895
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$339,980
Deposits by Commercial banks and other depository institutions in U.S.	$5,728
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$155,275
Demand deposits	$155,275
Nontransaction accounts	$3,162,328
Money market deposit accounts (MMDAs)	$1,658,870
Other savings deposits (excluding MMDAs)	$1,265,491
Total time deposits	$237,967
Total time and savings deposits	$3,162,328
Noninterest-bearing deposits	$1,019,089
Interest-bearing deposits	$2,298,514
Retail deposits	$3,263,812
IRAs and Keogh plan accounts	$46,352
Brokered deposits	$0
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$3,692,383
Cash & Balances due from depository institutions	$909,834
Interest-bearing balances	$855,683
Total securities	$659,842
Federal funds sold & reverse repurchase	$0
Net loans and leases	$1,930,483
Loan and leases loss allowance	$27,708
Trading account assets	$0
Bank premises and fixed assets	$70,443
Other real estate owned	$1,168
Goodwill and other intangibles	$37,046
All other assets	$83,567

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$3,692,383
Total Liabilities	$3,336,556
Total deposits	$3,317,603
Interest-bearing deposits	$2,298,514
Deposits held in domestic offices	$3,317,603
% insured (estimated)	$75
Federal funds purchased and repurchase agreements	$0
Trading liabilities	$0
Other borrowed funds	$0
Subordinated debt	$0
All other liabilities	$18,953

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$1,930,483
Loan and leases loss allowance	$27,708
Total loans and leases (domestic)	$1,958,191
All real estate loans	$1,635,064
Real estate loans in domestic offices	$1,635,064
Construction and development loans	$330,624
Residential 1-4 family construction	$83,369
Other construction, all land development and other land	$247,255
Loans secured by nonfarm nonresidential properties	$658,098
Nonfarm nonresidential secured by owner-occupied properties	$256,750
Commercial real estate & other non-farm, non-residential	$401,348
Multifamily residential real estate	$40,567
1-4 family residential loans	$567,553
Farmland loans	$38,222
Loans held in foreign offices	$0
Farm loans	$13,094
Commercial and industrial loans	$196,491
To non-U.S. addressees	$0
Loans to individuals	$85,670
Credit card loans	$0
Related Plans	$960
Consumer Auto Loans	$45,154
Other loans to individuals	$39,556
All other loans & leases	$27,872
Loans to foreign governments and official institutions	$0
Other loans	$10,280
Loans to depository institutions and acceptances of other banks	$0
Loans not secured by real estate	$5,430
Loans secured by real estate to non-U.S. addressees	$0
Restructured Loans & leases	$1,688
Non 1-4 family restructured loans & leases	$1,614
Total loans and leases (foreign)	$0

VeraBank had $1,930,483,000 of loans outstanding in 2021. $1,635,064,000 of loans were in real estate loans. $330,624,000 of loans were in development loans. $40,567,000 of loans were in multifamily mortgage loans. $567,553,000 of loans were in 1-4 family mortgage loans. $13,094,000 of loans were in farm loans. $0 of loans were in credit card loans. $45,154,000 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	722	$160,762	$222,662
Nonfarm, nonresidential loans - <$100k	175	$7,973	$45,560
Nonfarm, nonresidential loans - $100-250k	264	$33,564	$127,136
Nonfarm, nonresidential loans - $250k-1MM	283	$119,225	$421,290
Commercial & Industrial, US addressed loans - <$1MM	2,962	$151,966	$51,305
Commercial & Industrial, US addressed loans - <$100k	2,397	$57,454	$23,969
Commercial & Industrial, US addressed loans - $100-250k	338	$32,253	$95,423
Commercial & Industrial, US addressed loans - $250k-1MM	227	$62,259	$274,269
Farmland loans - <$1MM	245	$21,129	$86,241
Farmland loans - <$100k	155	$6,312	$40,723
Farmland loans - $100-250k	70	$8,911	$127,300
Farmland loans - $250k-1MM	20	$5,906	$295,300
Agriculture operations loans - <$1MM	511	$12,723	$24,898
Agriculture operations loans - <$100k	479	$8,890	$18,559
Agriculture operations loans - $100-250k	26	$2,631	$101,192
Agriculture operations loans - $250k-1MM	6	$1,202	$200,333