Verabank Mortgage Rates, Fees & Info

Henderson, TX

LEI: 54930087FQP1S845Z665

Tax ID: 75-0187835

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • 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

    Verabank is a smaller bank specializing in Home Purchase loans. Verabank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Longview, Tyler, Athens, Palestine, and Austin among others. We have data for 25 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 a low 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 6.54% 4/18/24
    30 Year Conventional Refi 6.52% 4/18/24
    30 Year Cash-out Refi 6.69% 4/18/24
    30 Year VA Purchase 6.29% 4/18/24
    30 Year USDA Purchase 7.03% 4/18/24
    15 Year Conventional Purchase 5.80% 4/18/24
    15 Year Conventional Refi 6.25% 4/18/24
    15 Year Cash-out Refi 6.25% 4/18/24
    15 Year FHA Purchase 5.68% 4/18/24
    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.

    Verabank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Verabank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    582

    Origination Dollar Volume (All Markets)

    $104,380,000

    Employee count

    472

    Awards

    VeraBank 30 Year Conventional Loans silver VeraBank 30 Year Conventional Loans silver
    Show all (2) awards

    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
    LONGVIEW, TX (FHA|USDA|VA) 193 $31,015,000 $160,699 $2,828 5.34%
    TYLER, TX (FHA|USDA|VA) 93 $16,035,000 $172,419 $3,268 5.17%
    Athens, TX (FHA|USDA|VA) 43 $6,625,000 $154,070 $4,005 5.63%
    Palestine, TX (FHA|USDA|VA) 37 $6,315,000 $170,676 $2,896 5.09%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 22 $5,860,000 $266,364 $4,064 5.15%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 27 $5,175,000 $191,667 $2,953 5.51%
    Outside of Metro Areas 32 $4,870,000 $152,188 $2,796 5.31%
    Corsicana, TX (FHA|USDA|VA) 28 $4,700,000 $167,857 $2,975 5.06%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 13 $4,395,000 $338,077 $5,063 5.42%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 15 $3,425,000 $228,333 $3,530 5.65%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 8 $3,300,000 $412,500 $1,017 5.85%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 10 $3,290,000 $329,000 $5,503 4.92%
    Lufkin, TX (FHA|USDA|VA) 17 $2,315,000 $136,176 $2,833 4.93%
    Huntsville, TX (FHA|USDA|VA) 11 $1,895,000 $172,273 $3,468 4.52%
    Mount Pleasant, TX (FHA|USDA|VA) 16 $1,710,000 $106,875 $2,049 5.47%
    Jacksonville, TX (FHA|USDA|VA) 7 $1,515,000 $216,429 $4,187 4.38%
    LUBBOCK, TX (FHA|USDA|VA) 2 $410,000 $205,000 $3,848 5.23%
    Granbury, TX (FHA|USDA|VA) 1 $295,000 $295,000 $5,523 4.88%
    MIDLAND, TX (FHA|USDA|VA) 1 $285,000 $285,000 $7,668 4.13%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $225,000 $225,000 $0 5.95%
    Big Spring, TX (FHA|USDA|VA) 1 $185,000 $185,000 $3,216 4.74%
    Nacogdoches, TX (FHA|USDA|VA) 1 $155,000 $155,000 $2,903 3.88%
    SAN ANGELO, TX (FHA|USDA|VA) 1 $145,000 $145,000 $4,227 4.25%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $125,000 $125,000 $2,799 4.18%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $115,000 $115,000 $2,752 4.02%
    Verabank's top markets include Longview, Tyler, Athens, Palestine, and Austin among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Utah (FHA|USDA|VA)
  • Louisiana (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.

    EAST TEXAS PROFESSIONAL Credit Union
    Similarity Rank: 48
    Gilmer National Bank Gilmer Texas
    Similarity Rank: 81
    KELLY COMMUNITY FEDERAL CREDIT UNION
    Similarity Rank: 235
    Extraco Banks
    Similarity Rank: 330
    Cooperative Teachers Credit Union
    Similarity Rank: 360
    SMART CHOICE MORTGAGE, A TEXAS LIMITED LIABILITY C
    Similarity Rank: 459
    MEMBERS CHOICE Credit Union
    Similarity Rank: 549
    SMART FINANCIAL CREDIT UNION
    Similarity Rank: 707
    TEXAS BAY
    Similarity Rank: 888
    AMERANT BANK, NATIONAL ASSOCIATION
    Similarity Rank: 1060

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 574 $102,930,000 $179,321 $3,113 5.28%
    USDA 5 $655,000 $131,000 $4,374 4.20%
    VA 3 $795,000 $265,000 $7,072 4.46%

    For 2019, Verabank's most frequently originated type of loan was Conventional, with 574 originations. Their 2nd most popular type was USDA, with 5 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 393 $78,785,000 $200,471 $3,553 5.14%
    Refi 113 $17,475,000 $154,646 $2,633 5.30%
    Home Improvement 49 $4,295,000 $87,653 $1,359 6.10%
    Other 20 $2,310,000 $115,500 $2,185 5.81%
    Cash Out Refi 7 $1,515,000 $216,429 $4,685 4.35%

    For 2019, Verabank's most frequently cited loan purpose was Home Purchase, with 393 originations. The 2nd most popular reason was Refi, with 113 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 251 $57,655,000 $229,701 $3,757 4.68%
    15 Year 157 $20,695,000 $131,815 $2,310 5.62%
    20 Year 58 $8,890,000 $153,276 $1,942 5.67%
    10 Year 43 $2,725,000 $63,372 $1,413 5.76%
    Other 31 $4,895,000 $157,903 $2,031 5.85%
    1 Year 22 $3,750,000 $170,455 $3,246 6.33%
    5 Year 13 $3,895,000 $299,615 $1,414 6.16%
    30+ year 7 $1,875,000 $267,857 $7,323 4.99%

    For 2019, Verabank's most frequently cited loan duration was 30 Year, with 251 originations. The 2nd most popular length was 15 Year, with 157 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 263 $28,405,000 $108,004
    $1k-2k 115 $28,595,000 $248,652
    $2k-3k 27 $10,625,000 $393,519
    $3k-4k 12 $6,870,000 $572,500
    $4k-5k 5 $1,695,000 $339,000
    $5k+ 3 $2,195,000 $731,667

    Verabank's average total fees were $3,757, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 263 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 198 $35,970,000 $181,667
    4-5% 195 $40,395,000 $207,154
    3-4% 72 $14,930,000 $207,361
    6-7% 72 $8,590,000 $119,306
    7-8% 28 $2,790,000 $99,643
    Over 8% 10 $940,000 $94,000

    During 2019, Verabank's average interest rate for loans was 4.68%, while their most frequently originated rate bucket for loans was 5-6%, with 198 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 225 $13,605,000 $60,467 $1,777 5.83%
    $100k-200k 171 $25,075,000 $146,637 $2,980 4.88%
    $200k-400k 142 $38,470,000 $270,915 $4,222 4.89%
    $400k-600k 30 $14,920,000 $497,333 $6,013 4.97%
    $600k-1MM 11 $7,995,000 $726,818 $6,326 5.34%
    $1MM+ 3 $4,315,000 $1,438,333 $6,067 5.41%

    2019 saw Verabank place emphasis on $100,000 or less loans with 225 originations, totaling $13,605,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 117 $13,875,000 $118,590 $2,894 5.26%
    $100k-150k 112 $19,650,000 $175,446 $3,374 5.11%
    $50k or less 93 $8,225,000 $88,441 $2,451 5.35%
    $75k-100k 76 $13,220,000 $173,947 $3,027 5.12%
    $150k-250k 63 $16,085,000 $255,317 $3,702 5.15%
    $250k+ 42 $14,140,000 $336,667 $4,697 4.96%

    Verabank lent most frequently to those with incomes in the $50k-75k range, with 117 originations. The second most popular income band? $100k-150k, with 112 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 116 $19,130,000 $164,914 $3,174 5.16%
    30-36% 96 $17,000,000 $177,083 $3,173 4.93%
    <20% 44 $5,870,000 $133,409 $2,819 5.26%
    41% 31 $5,355,000 $172,742 $3,310 5.35%
    42% 30 $5,480,000 $182,667 $3,364 5.08%
    40% 23 $3,925,000 $170,652 $4,119 5.44%
    37% 19 $2,565,000 $135,000 $2,698 5.15%
    39% 19 $2,705,000 $142,368 $2,605 5.59%
    38% 18 $3,220,000 $178,889 $3,522 5.30%
    45% 18 $2,930,000 $162,778 $2,457 5.60%
    36% 16 $2,860,000 $178,750 $3,291 4.65%
    44% 16 $3,130,000 $195,625 $3,303 4.70%
    43% 14 $3,120,000 $222,857 $3,171 5.43%
    47% 10 $2,210,000 $221,000 $2,675 4.60%
    46% 6 $1,340,000 $223,333 $4,463 4.85%
    50-60% 5 $885,000 $177,000 $3,675 5.64%
    49% 4 $690,000 $172,500 $3,938 4.36%
    >60% 2 $480,000 $240,000 $3,406 5.73%
    48% 1 $185,000 $185,000 $3,578 3.88%

    Verabank lent most frequently to those with DTI ratios of 20-30%, with 116 originations. The next most common DTI ratio? 30-36%, with 96 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 469 $76,685,000 $163,507 $3,143 5.20%
    Not applicable 66 $17,620,000 $266,970 $0 5.88%
    Not provided 32 $5,070,000 $158,438 $2,783 5.30%
    Black 10 $3,270,000 $327,000 $4,169 5.03%
    Asian 2 $950,000 $475,000 $4,370 4.87%
    American Indian 2 $410,000 $205,000 $3,695 4.39%
    Asian Indian 1 $375,000 $375,000 $5,353 4.00%

    Approval Rates

    Total approvals of all applications
    80.94%

    Verabank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    73.71%

    Verabank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 582 $104,380,000 $179,347

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 14 $8,600,000 $614,286
    Single Family (1-4 Units):Manufactured 5 $245,000 $49,000
    Single Family (1-4 Units):Site-Built 563 $95,535,000 $169,689

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 60 $6,540,000 $109,000 $1,409 5.49%
    40-60% 50 $8,420,000 $168,400 $2,718 5.25%
    60-80% 197 $38,795,000 $196,929 $3,389 5.21%
    80-100% 255 $49,255,000 $193,157 $3,708 5.21%
    Under 20% 20 $1,370,000 $68,500 $1,156 5.92%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    VeraBank, National Association 100 East Main Florence, TX 76527 Full Service B&M $84,140
    VeraBank, National Association 100 North Main Street Corsicana, TX 75110 Full Service B&M $124,316
    VeraBank, National Association 101 North Mckinney Street Mexia, TX 76667 Full Service B&M $21,753
    VeraBank, National Association 105 Highway 31 East Chandler, TX 75758 Full Service B&M $51,201
    VeraBank, National Association 107 Market Square Boulevard Tyler, TX 75703 Full Service B&M $33,698
    VeraBank, National Association 109 East Broadway Jefferson, TX 75657 Full Service B&M $60,016
    VeraBank, National Association 110 West Rust Street Mount Enterprise, TX 75681 Full Service B&M $25,418
    VeraBank, National Association 1100 Williams Drive Georgetown, TX 78628 Full Service B&M $45,553
    VeraBank, National Association 1101 South White Oak Road White Oak, TX 75693 Full Service B&M $46,897
    VeraBank, National Association 115 West Royall Boulevard Malakoff, TX 75148 Full Service B&M $21,989
    VeraBank, National Association 120 North Gray Street Killeen, TX 76541 Full Service B&M $89,460
    VeraBank, National Association 13601 W. Hwy. 29 Liberty Hill, TX 78642 Full Service B&M $34,345
    VeraBank, National Association 165 North Hill Street Tatum, TX 75691 Full Service B&M $56,088
    VeraBank, National Association 1708 East End Boulevard North Marshall, TX 75670 Full Service B&M $53,467
    VeraBank, National Association 1718 Eleventh Street Huntsville, TX 77340 Full Service B&M $119,070
    VeraBank, National Association 200 N. Fredonia St. Longview, TX 75601 Full Service B&M $29,217
    VeraBank, National Association 201 West Main Street Henderson, TX 75653 Full Service B&M $435,451
    VeraBank, National Association 207 West Spring Street Palestine, TX 75801 Full Service B&M $89,012
    VeraBank, National Association 2201 E. Stan Schlueter Loop, Suite B Killeen, TX 76542 Full Service Retail $6,781
    VeraBank, National Association 2217 W Grande Blvd Tyler, TX 75703 Full Service B&M $27,633
    VeraBank, National Association 2320 Highway 79 South Henderson, TX 75652 Full Service B&M $46,592
    VeraBank, National Association 302 North Jefferson Street Mount Pleasant, TX 75455 Full Service B&M $55,725
    VeraBank, National Association 307 South Commerce Overton, TX 75684 Full Service B&M $16,397
    VeraBank, National Association 3412 4th St. Longview, TX 75605 Full Service B&M $33,967
    VeraBank, National Association 345 E. Fm 2410 Harker Heights, TX 76548 Full Service B&M $33,563
    VeraBank, National Association 3590 West 7th Avenue Corsicana, TX 75110 Full Service B&M $32,562
    VeraBank, National Association 3957 Raleigh Dr Temple, TX 76502 Full Service B&M $18,777
    VeraBank, National Association 410 North Kilgore Street Kilgore, TX 75662 Full Service B&M $53,765
    VeraBank, National Association 415 South First Street Lufkin, TX 75901 Full Service B&M $51,072
    VeraBank, National Association 4282 Bonville Road, Suite 200 Bryan, TX 77802 Full Service B&M $9,335
    VeraBank, National Association 5001 Estes Parkway Longview, TX 75603 Full Service B&M $32,104
    VeraBank, National Association 601 Spur 156 Waskom, TX 75692 Full Service B&M $41,741
    VeraBank, National Association 620 West Front Street Tyler, TX 75702 Full Service B&M $11,065
    VeraBank, National Association 739 E Tyler St Athens, TX 75751 Full Service B&M $57,162
    VeraBank, National Association 800 Gilmer Road Longview, TX 75604 Full Service B&M $19,399
    VeraBank, National Association 805 South John Redditt Drive Lufkin, TX 75904 Full Service B&M $46,496
    VeraBank, National Association 902 Palm Valley Dr. Round Rock, TX 78664 Full Service B&M $63,914

    For 2019, Verabank had 37 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $96,041
    Net interest income $85,856
    Total noninterest income $28,080
    Gross Fiduciary activities income $4,785
    Service charges on deposit accounts $9,633
    Trading account gains and fees $0
    Additional Noninterest Income $13,662
    Pre-tax net operating income $30,234
    Securities gains (or losses, -) $530
    Income before extraordinary items $24,612
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $24,612
    Minority interest net income $0
    Net income $24,612
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $24,188

    Verabank's gross interest income from loans was $96,041,000.
    Verabank's net interest income from loans was $85,856,000.
    Verabank's fee based income from loans was $9,633,000.
    Verabank's net income from loans was $24,612,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $10,185
    Provision for credit losses $4,200
    Total noninterest expense $79,502
    Salaries and employee benefits $43,876
    Premises and equipment expense $10,421
    Additional noninterest expense $25,205
    Applicable income taxes $6,152
    Net charge-offs $1,181
    Cash dividends $6,310

    Verabank's interest expense for loans was $10,185,000.
    Verabank's payroll and benefits expense were $43,876,000.
    Verabank's property, plant and equipment expenses $10,421,000.

    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 2.0%
    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 $2,134,087
    Deposits held in domestic offices $2,134,087
    Deposits by Individuals, partnerships, and corporations $1,896,335
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $232,859
    Deposits by Commercial banks and other depository institutions in U.S. $4,893
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $19,219
    Demand deposits $19,107
    Nontransaction accounts $2,114,868
    Money market deposit accounts (MMDAs) $1,145,864
    Other savings deposits (excluding MMDAs) $719,982
    Total time deposits $249,022
    Total time and savings deposits $2,114,980
    Noninterest-bearing deposits $545,039
    Interest-bearing deposits $1,589,048
    Retail deposits $2,085,279
    IRAs and Keogh plan accounts $47,032
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,408,053
    Cash & Balances due from depository institutions $300,936
    Interest-bearing balances $248,974
    Total securities $509,669
    Federal funds sold & reverse repurchase $379
    Net loans and leases $1,438,617
    Loan and leases loss allowance $16,907
    Trading account assets $0
    Bank premises and fixed assets $58,022
    Other real estate owned $1,465
    Goodwill and other intangibles $39,196
    All other assets $59,769

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,408,053
    Total Liabilities $2,155,194
    Total deposits $2,134,087
    Interest-bearing deposits $1,589,048
    Deposits held in domestic offices $2,134,087
    % insured (estimated) $79
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $1,055
    Subordinated debt $0
    All other liabilities $20,052

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,438,617
    Loan and leases loss allowance $16,907
    Total loans and leases (domestic) $1,455,524
    All real estate loans $1,110,472
    Real estate loans in domestic offices $1,110,472
    Construction and development loans $139,407
    Residential 1-4 family construction $43,921
    Other construction, all land development and other land $95,486
    Loans secured by nonfarm nonresidential properties $492,691
    Nonfarm nonresidential secured by owner-occupied properties $216,957
    Commercial real estate & other non-farm, non-residential $275,734
    Multifamily residential real estate $45,311
    1-4 family residential loans $400,825
    Farmland loans $32,238
    Loans held in foreign offices $0
    Farm loans $14,053
    Commercial and industrial loans $205,614
    To non-U.S. addressees $0
    Loans to individuals $89,087
    Credit card loans $0
    Related Plans $760
    Consumer Auto Loans $48,291
    Other loans to individuals $40,036
    All other loans & leases $36,298
    Loans to foreign governments and official institutions $0
    Other loans $15,590
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $4,224
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $2,264
    Non 1-4 family restructured loans & leases $2,172
    Total loans and leases (foreign) $0

    VeraBank had $1,438,617,000 of loans outstanding in 2019. $1,110,472,000 of loans were in real estate loans. $139,407,000 of loans were in development loans. $45,311,000 of loans were in multifamily mortgage loans. $400,825,000 of loans were in 1-4 family mortgage loans. $14,053,000 of loans were in farm loans. $0 of loans were in credit card loans. $48,291,000 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 724 $142,360 $196,630
    Nonfarm, nonresidential loans - <$100k 195 $8,441 $43,287
    Nonfarm, nonresidential loans - $100-250k 280 $35,021 $125,075
    Nonfarm, nonresidential loans - $250k-1MM 249 $98,898 $397,181
    Commercial & Industrial, US addressed loans - <$1MM 3,385 $134,678 $39,787
    Commercial & Industrial, US addressed loans - <$100k 2,898 $57,555 $19,860
    Commercial & Industrial, US addressed loans - $100-250k 313 $31,050 $99,201
    Commercial & Industrial, US addressed loans - $250k-1MM 174 $46,073 $264,787
    Farmland loans - <$1MM 200 $14,741 $73,705
    Farmland loans - <$100k 135 $5,151 $38,156
    Farmland loans - $100-250k 56 $7,228 $129,071
    Farmland loans - $250k-1MM 9 $2,362 $262,444
    Agriculture operations loans - <$1MM 551 $13,664 $24,799
    Agriculture operations loans - <$100k 522 $9,799 $18,772
    Agriculture operations loans - $100-250k 23 $2,416 $105,043
    Agriculture operations loans - $250k-1MM 6 $1,449 $241,500