Midwest Community Bank Mortgage Rates, Fees & Info

Freeport, IL

LEI: 549300FGUI1NQCS1M144

Tax ID: 36-2559411

5 stars - out of 5 stars, based on 49 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Midwest Community Bank is a smaller bank specializing in Home Purchase and Refi loans. Midwest Community Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets include Chicago, Rockford, Freeport, Rochelle, and Phoenix among others. Midwest Community 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. Midwest Community Bank is typically an average fee lendor.


Originations

2,366

Origination Dollar Volume (All Markets)

$489,690,000

Employee count

250 Show all (5) awards

Relative Rate

Midwest Community Bank's average 30 year fixed rate mortgage of loans were 3.06%.

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

This yields a difference of -0.09%.

Relative Fees

Midwest Community Bank's average total fees for a 30 year fixed rate mortgage are $4,208.

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
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1,002 $238,270,000 $237,794 $4,362 2.89%
ROCKFORD, IL (FHA|USDA|VA) 916 $134,850,000 $147,216 $3,208 2.99%
Freeport, IL (FHA|USDA|VA) 98 $11,020,000 $112,449 $2,952 3.02%
Rochelle, IL (FHA|USDA|VA) 50 $8,670,000 $173,400 $3,230 2.93%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 21 $7,515,000 $357,857 $3,518 2.99%
Outside of Metro Areas 33 $6,095,000 $184,697 $3,516 3.07%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 12 $5,860,000 $488,333 $4,041 2.87%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 9 $4,685,000 $520,556 $4,762 2.92%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 24 $4,430,000 $184,583 $3,757 2.94%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $2,740,000 $685,000 $6,288 2.78%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 8 $2,730,000 $341,250 $6,368 2.83%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 5 $2,435,000 $487,000 $6,247 3.08%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 5 $2,265,000 $453,000 $4,344 2.80%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 5 $2,185,000 $437,000 $3,625 2.85%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 8 $2,060,000 $257,500 $3,527 2.91%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 3 $1,995,000 $665,000 $10,760 2.75%
SANTA FE, NM (FHA|USDA|VA) 3 $1,945,000 $648,333 $4,602 2.92%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 4 $1,700,000 $425,000 $2,799 2.94%
ALBUQUERQUE, NM (FHA|USDA|VA) 2 $1,690,000 $845,000 $12,809 2.94%
Whitewater, WI (FHA|USDA|VA) 6 $1,510,000 $251,667 $2,991 2.65%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 6 $1,490,000 $248,333 $3,012 2.92%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 5 $1,455,000 $291,000 $4,238 2.93%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $1,325,000 $441,667 $5,761 2.92%
MADISON, WI (FHA|USDA|VA) 6 $1,320,000 $220,000 $3,020 2.92%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 3 $1,215,000 $405,000 $7,744 3.08%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 2 $1,180,000 $590,000 $5,204 3.38%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $1,135,000 $378,333 $3,072 3.54%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $1,040,000 $520,000 $4,132 2.81%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $1,040,000 $260,000 $4,074 3.22%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $1,015,000 $1,015,000 $6,752 2.75%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $0 3.38%
Heber, UT (FHA|USDA|VA) 1 $965,000 $965,000 $8,258 2.63%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 5 $945,000 $189,000 $4,863 3.08%
Breckenridge, CO (FHA|USDA|VA) 1 $905,000 $905,000 $4,458 3.00%
BLOOMINGTON, IN (FHA|USDA|VA) 3 $895,000 $298,333 $2,947 2.75%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $860,000 $430,000 $5,698 2.50%
Bozeman, MT (FHA|USDA|VA) 2 $850,000 $425,000 $5,552 3.19%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $785,000 $785,000 $4,032 3.25%
KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $770,000 $385,000 $4,390 2.81%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 2 $750,000 $375,000 $3,096 3.13%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $710,000 $355,000 $4,523 2.56%
Sevierville, TN (FHA|USDA|VA) 2 $680,000 $340,000 $4,159 3.19%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $630,000 $315,000 $8,445 2.50%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $605,000 $605,000 $0 3.50%
PEORIA, IL (FHA|USDA|VA) 4 $600,000 $150,000 $2,617 3.47%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $580,000 $290,000 $2,231 2.81%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $575,000 $575,000 $2,593 2.63%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $570,000 $285,000 $5,982 3.13%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $545,000 $545,000 $4,225 3.00%
TUCSON, AZ (FHA|USDA|VA) 1 $545,000 $545,000 $5,883 2.63%
FORT COLLINS, CO (FHA|USDA|VA) 1 $545,000 $545,000 $3,440 2.88%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $515,000 $515,000 $2,385 2.75%
Ottawa, IL (FHA|USDA|VA) 3 $515,000 $171,667 $4,010 3.00%
VALLEJO, CA (FHA|USDA|VA) 1 $475,000 $475,000 $5,160 3.00%
GREEN BAY, WI (FHA|USDA|VA) 1 $475,000 $475,000 $2,673 3.13%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 2 $460,000 $230,000 $3,840 2.94%
Edwards, CO (FHA|USDA|VA) 1 $455,000 $455,000 $4,235 3.25%
Sterling, IL (FHA|USDA|VA) 4 $430,000 $107,500 $2,895 2.75%
Durant, OK (FHA|USDA|VA) 1 $425,000 $425,000 $12,834 2.25%
SPARTANBURG, SC (FHA|USDA|VA) 1 $425,000 $425,000 $3,533 3.13%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $415,000 $415,000 $0 4.00%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $405,000 $405,000 $3,546 2.88%
Dixon, IL (FHA|USDA|VA) 2 $390,000 $195,000 $3,391 3.50%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $385,000 $385,000 $3,358 3.13%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $375,000 $375,000 $3,469 3.13%
ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $370,000 $185,000 $2,664 3.25%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $370,000 $185,000 $3,648 3.25%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $345,000 $345,000 $16,022 2.63%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $345,000 $345,000 $5,164 3.00%
Concord, NH (FHA|USDA|VA) 1 $335,000 $335,000 $2,847 2.88%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $335,000 $335,000 $2,610 2.25%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 2 $330,000 $165,000 $3,098 3.81%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $325,000 $325,000 $0 2.50%
LYNCHBURG, VA (FHA|USDA|VA) 1 $315,000 $315,000 $3,541 2.75%
CaƱon City, CO (FHA|USDA|VA) 1 $315,000 $315,000 $3,504 2.88%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $315,000 $315,000 $4,024 2.75%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $305,000 $305,000 $2,903 2.63%
MEDFORD, OR (FHA|USDA|VA) 1 $305,000 $305,000 $4,273 3.25%
Mount Gay-Shamrock, WV (FHA|USDA|VA) 1 $295,000 $295,000 $5,189 3.25%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $285,000 $285,000 $3,334 3.25%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 1 $285,000 $285,000 $3,969 4.38%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $275,000 $275,000 $2,583 3.50%
THE VILLAGES, FL (FHA|USDA|VA) 1 $275,000 $275,000 $0 3.88%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $265,000 $265,000 $0 2.49%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $265,000 $265,000 $9,314 2.25%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $245,000 $245,000 $2,771 3.88%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $245,000 $245,000 $3,783 2.50%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $235,000 $235,000 $2,422 2.75%
KANKAKEE, IL (FHA|USDA|VA) 1 $225,000 $225,000 $3,142 3.38%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $225,000 $225,000 $2,642 2.88%
BLOOMINGTON, IL (FHA|USDA|VA) 2 $220,000 $110,000 $2,107 4.06%
APPLETON, WI (FHA|USDA|VA) 1 $215,000 $215,000 $2,393 3.00%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $215,000 $215,000 $2,267 2.63%
Dayton, TN (FHA|USDA|VA) 1 $215,000 $215,000 $4,013 3.38%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $205,000 $205,000 $3,759 2.88%
ROCKY MOUNT, NC (FHA|USDA|VA) 1 $205,000 $205,000 $2,888 2.38%
PITTSBURGH, PA (FHA|USDA|VA) 1 $195,000 $195,000 $4,601 2.88%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $195,000 $195,000 $1,973 2.63%
Lebanon, MO (FHA|USDA|VA) 1 $195,000 $195,000 $1,826 2.25%
Calhoun, GA (FHA|USDA|VA) 1 $185,000 $185,000 $3,584 3.25%
LAS CRUCES, NM (FHA|USDA|VA) 1 $185,000 $185,000 $1,781 3.13%
SAVANNAH, GA (FHA|USDA|VA) 1 $175,000 $175,000 $3,312 3.13%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $175,000 $175,000 $0 2.75%
LINCOLN, NE (FHA|USDA|VA) 1 $165,000 $165,000 $0 2.25%
Jacksonville, TX (FHA|USDA|VA) 1 $155,000 $155,000 $3,539 2.88%
KNOXVILLE, TN (FHA|USDA|VA) 1 $155,000 $155,000 $3,778 2.88%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $155,000 $155,000 $6,218 2.25%
RACINE, WI (FHA|USDA|VA) 1 $145,000 $145,000 $3,161 2.88%
NILES, MI (FHA|USDA|VA) 1 $135,000 $135,000 $0 2.75%
Menomonie, WI (FHA|USDA|VA) 1 $125,000 $125,000 $0 2.75%
WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $115,000 $115,000 $2,048 3.00%
Jacksonville, IL (FHA|USDA|VA) 1 $85,000 $85,000 $4,225 3.75%
Danville, KY (FHA|USDA|VA) 1 $65,000 $65,000 $2,882 3.50%
Winona, MN (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.00%

Midwest Community Bank's top markets include Chicago, Rockford, Freeport, Rochelle, and Phoenix among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 2,001 $420,045,000 $209,918 $3,199 2.95%
FHA 302 $53,070,000 $175,728 $7,249 3.00%
VA 63 $16,575,000 $263,095 $5,792 2.54%

For the 2021 period, Midwest Community Bank's most frequently originated loan type of loans were Conventional, with 2,001 originations. Their 2nd most popular type is FHA, with 302 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 1,369 $279,415,000 $204,102 $4,735 3.03%
Refi 676 $142,010,000 $210,074 $2,381 2.70%
Cash Out Refi 321 $68,265,000 $212,664 $2,702 3.10%

For the 2021, Midwest Community Bank's most frequently cited loan purpose of loans were Home Purchase, with 1,369 originations. The 2nd most popular reason of loans were Refi, with 676 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 1,879 $408,175,000 $217,230 $4,208 3.06%
15 Year 360 $58,550,000 $162,639 $2,248 2.43%
20 Year 91 $17,275,000 $189,835 $2,478 2.83%
10 Year 29 $4,275,000 $147,414 $2,154 2.35%
Other 7 $1,415,000 $202,143 $3,465 2.93%

For the 2021, Midwest Community Bank's most frequently cited loan length of loans were 30 Year, with 1,879 originations. The 2nd most popular length of loans were 15 Year, with 360 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 1,320 $297,980,000 $225,742
$<1k 575 $89,105,000 $154,965
$2k-3k 123 $31,695,000 $257,683
$3k-4k 32 $11,190,000 $349,688
$5k+ 7 $4,015,000 $573,571

$4,208 of loans were Midwest Community Bank's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 1,320 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 1,031 $237,005,000 $229,879
3-4% 826 $158,130,000 $191,441
<2.5% 471 $88,535,000 $187,972
4-5% 38 $6,020,000 $158,421

During 2021, Midwest Community Bank's average interest rate of loans were 3.06%, while their most frequently originated rate bucket of loans were 2.5-3%, with 1,031 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 1,034 $154,250,000 $149,178 $3,566 2.93%
$200k-400k 800 $215,070,000 $268,838 $4,192 2.90%
$100,000 or less 361 $26,475,000 $73,338 $2,976 3.09%
$400k-600k 139 $67,135,000 $482,986 $4,610 2.96%
$600k-1MM 25 $18,945,000 $757,800 $5,873 2.94%
$1MM+ 7 $7,815,000 $1,116,429 $8,314 2.82%

2021 saw Midwest Community Bank place emphasis on $100k-200k loans with 1,034 originations, totaling $154,250,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 595 $103,875,000 $174,580 $3,935 2.94%
$50k or less 567 $72,335,000 $127,575 $4,051 2.98%
$100k-150k 427 $102,685,000 $240,480 $3,482 2.92%
$75k-100k 414 $85,880,000 $207,440 $3,817 2.96%
$150k-250k 255 $78,425,000 $307,549 $3,416 2.91%
$250k+ 101 $45,295,000 $448,465 $3,904 2.92%

Midwest Community Bank lent most frequently to those with incomes in the $50k-75k range, with 595 originations. The second most popular income band? $50k or less, with 567 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 500 $96,070,000 $192,140 $2,984 2.87%
30-36% 445 $91,565,000 $205,764 $3,631 2.95%
<20% 159 $34,305,000 $215,755 $2,958 2.86%
44% 130 $28,140,000 $216,462 $4,351 3.09%
42% 102 $21,970,000 $215,392 $3,939 3.00%
50-60% 100 $19,590,000 $195,900 $7,109 2.87%
43% 94 $19,600,000 $208,511 $4,085 3.07%
39% 92 $16,740,000 $181,957 $3,890 3.06%
41% 90 $19,620,000 $218,000 $3,959 3.08%
40% 89 $19,475,000 $218,820 $3,669 2.98%
36% 83 $18,325,000 $220,783 $3,549 3.05%
38% 81 $16,255,000 $200,679 $3,911 3.03%
45% 80 $17,830,000 $222,875 $4,487 2.94%
37% 76 $16,670,000 $219,342 $3,657 2.97%
49% 65 $13,575,000 $208,846 $4,032 2.83%
48% 63 $12,645,000 $200,714 $4,279 2.95%
46% 49 $11,835,000 $241,531 $4,431 2.91%
47% 46 $10,140,000 $220,435 $4,478 2.95%
>60% 2 $660,000 $330,000 $3,641 2.81%

Midwest Community Bank lent most frequently to those with DTI ratios of 20-30%, with 500 originations. The next most common DTI ratio? 30-36%, with 445 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 2,067 $427,395,000 $206,771 $3,733 2.93%
Not provided 110 $22,060,000 $200,545 $4,152 3.13%
Asian 80 $20,760,000 $259,500 $3,852 2.95%
Black 82 $13,880,000 $169,268 $4,626 3.14%
American Indian 25 $5,205,000 $208,200 $5,455 2.90%
Native Hawaiian 2 $390,000 $195,000 $3,854 2.63%

Approval Rates

Total approvals of all applications
96.30%

Midwest Community Bank 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
77.35%

Midwest Community Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 2,366 $489,690,000 $206,970

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
2,366 $489,690,000 $206,970

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 47 $6,315,000 $134,362 $2,470 2.67%
40-60% 229 $43,745,000 $191,026 $2,594 2.69%
60-80% 836 $181,700,000 $217,344 $2,850 2.93%
80-100% 1,238 $253,520,000 $204,782 $4,563 3.02%
Over 100% 13 $4,275,000 $328,846 $12,577 2.56%
Under 20% 3 $135,000 $45,000 $2,392 2.42%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
Midwest Loan Services, Inc. Conventional home mortgage Incorrect information on your report 1 14.3%
Midwest Loan Services, Inc. Conventional home mortgage Struggling to pay mortgage 1 14.3%
Midwest Loan Services, Inc. Conventional home mortgage Trouble during payment process 2 28.6%
Midwest Loan Services, Inc. FHA mortgage Trouble during payment process 1 14.3%
Midwest Loan Services, Inc. Other type of mortgage Closing on a mortgage 1 14.3%
Midwest Loan Services, Inc. VA mortgage Trouble during payment process 1 14.3%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Midwest Community Bank 1725 South West Avenue Freeport, IL 61032 Full Service B&M $57,294
Midwest Community Bank 3963 N Perryville Rd Rockford, IL 61114 Full Service B&M $49,930
Midwest Community Bank 510 Park Crest Drive Freeport, IL 61032 Full Service B&M $205,286

For 2021, Midwest Community Bank had 3 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $12,475
Net interest income $10,651
Total noninterest income $81,071
Gross Fiduciary activities income $0
Service charges on deposit accounts $113
Trading account gains and fees $0
Additional Noninterest Income $80,958
Pre-tax net operating income $25,378
Securities gains (or losses, -) $0
Income before extraordinary items $25,378
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $25,378
Minority interest net income $5,227
Net income $20,151
Sale, conversion, retirement of capital stock, net $0
Net operating income $25,378

Midwest Community Bank's gross interest income from loans was $12,475,000.
Midwest Community Bank's net interest income from loans was $10,651,000.
Midwest Community Bank's fee based income from loans was $113,000.
Midwest Community Bank's net income from loans was $20,151,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $1,824
Provision for credit losses $0
Total noninterest expense $66,344
Salaries and employee benefits $46,465
Premises and equipment expense $3,324
Additional noninterest expense $16,555
Applicable income taxes $0
Net charge-offs $-45
Cash dividends $10,500

Midwest Community Bank's interest expense for loans was $1,824,000.
Midwest Community Bank's payroll and benefits expense were $46,465,000.
Midwest Community Bank's property, plant and equipment expenses $3,324,000.

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 $275,029
Deposits held in domestic offices $275,029
Deposits by Individuals, partnerships, and corporations $272,387
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $2,642
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 $107,270
Demand deposits $48,788
Nontransaction accounts $167,759
Money market deposit accounts (MMDAs) $56,765
Other savings deposits (excluding MMDAs) $29,887
Total time deposits $81,107
Total time and savings deposits $226,241
Noninterest-bearing deposits $50,764
Interest-bearing deposits $224,265
Retail deposits $257,784
IRAs and Keogh plan accounts $14,395
Brokered deposits $12,500
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $331,935
Cash & Balances due from depository institutions $93,124
Interest-bearing balances $83,293
Total securities $1,679
Federal funds sold & reverse repurchase $0
Net loans and leases $219,337
Loan and leases loss allowance $2,633
Trading account assets $0
Bank premises and fixed assets $3,269
Other real estate owned $2,551
Goodwill and other intangibles $2,115
All other assets $9,860

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $331,935
Total Liabilities $276,849
Total deposits $275,029
Interest-bearing deposits $224,265
Deposits held in domestic offices $275,029
% insured (estimated) $80
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $1,820

Issued Loan Types

Type Value (in 000's)
Net loans and leases $219,337
Loan and leases loss allowance $2,633
Total loans and leases (domestic) $221,970
All real estate loans $186,912
Real estate loans in domestic offices $186,912
Construction and development loans $2,623
Residential 1-4 family construction $2,623
Other construction, all land development and other land $0
Loans secured by nonfarm nonresidential properties $11,367
Nonfarm nonresidential secured by owner-occupied properties $3,792
Commercial real estate & other non-farm, non-residential $7,575
Multifamily residential real estate $69,624
1-4 family residential loans $91,880
Farmland loans $11,418
Loans held in foreign offices $0
Farm loans $29,320
Commercial and industrial loans $5,374
To non-U.S. addressees $0
Loans to individuals $357
Credit card loans $0
Related Plans $0
Consumer Auto Loans $29
Other loans to individuals $328
All other loans & leases $7
Loans to foreign governments and official institutions $0
Other loans $7
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 $240
Non 1-4 family restructured loans & leases $240
Total loans and leases (foreign) $0

Midwest Community Bank had $219,337,000 of loans outstanding in 2021. $186,912,000 of loans were in real estate loans. $2,623,000 of loans were in development loans. $69,624,000 of loans were in multifamily mortgage loans. $91,880,000 of loans were in 1-4 family mortgage loans. $29,320,000 of loans were in farm loans. $0 of loans were in credit card loans. $29,000 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 18 $4,238 $235,444
Nonfarm, nonresidential loans - <$100k 4 $104 $26,000
Nonfarm, nonresidential loans - $100-250k 5 $583 $116,600
Nonfarm, nonresidential loans - $250k-1MM 9 $3,551 $394,556
Commercial & Industrial, US addressed loans - <$1MM 28 $3,002 $107,214
Commercial & Industrial, US addressed loans - <$100k 17 $300 $17,647
Commercial & Industrial, US addressed loans - $100-250k 4 $438 $109,500
Commercial & Industrial, US addressed loans - $250k-1MM 7 $2,264 $323,429
Farmland loans - <$1MM 21 $3,810 $181,429
Farmland loans - <$100k 3 $203 $67,667
Farmland loans - $100-250k 7 $899 $128,429
Farmland loans - $250k-1MM 11 $2,708 $246,182
Agriculture operations loans - <$1MM 47 $4,232 $90,043
Agriculture operations loans - <$100k 26 $766 $29,462
Agriculture operations loans - $100-250k 13 $1,327 $102,077
Agriculture operations loans - $250k-1MM 8 $2,139 $267,375