Midwest Community Bank Mortgage Rates, Fees & Info

Freeport, IL

LEI: 549300FGUI1NQCS1M144

Tax ID: 36-2559411

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Mortgage Data

Bank Data

Review & 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 by origination volume include: Chicago, Rockford, Phoenix, Rochelle, and Freeport among others. We have data for 74 markets. (Some data included below & more in-depth data is available with an active subscription.)

Midwest Community Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Midwest Community Bank 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.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.76% 3/28/24
30 Year Conventional Refi 6.52% 3/28/24
30 Year Cash-out Refi 6.85% 3/28/24
30 Year FHA Purchase 7.32% 3/28/24
30 Year FHA Refi 6.93% 3/28/24
30 Year VA Purchase 6.24% 3/28/24
15 Year Conventional Purchase 6.02% 3/28/24
15 Year Conventional Refi 6.05% 3/28/24
15 Year Cash-out Refi 6.05% 3/28/24
15 Year FHA Refi 6.57% 3/28/24
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.

Midwest Community Bank Mortgage Calculator






Your Estimates

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

This is not an official calculator from Midwest Community Bank. 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

1,525

Origination Dollar Volume (All Markets)

$301,545,000

Employee count

182

Awards

Midwest Community Bank 30 Year Conventional Loans bronze Midwest Community Bank FHA Loans bronze Midwest Community Bank 30 Year Conventional Loans gold
Show all (3) 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
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 671 $158,405,000 $236,073 $4,342 4.00%
ROCKFORD, IL (FHA|USDA|VA) 607 $84,455,000 $139,135 $3,414 4.33%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 21 $5,995,000 $285,476 $3,413 4.01%
Rochelle, IL (FHA|USDA|VA) 32 $5,710,000 $178,438 $3,965 4.13%
Freeport, IL (FHA|USDA|VA) 45 $4,675,000 $103,889 $2,421 4.42%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 6 $3,620,000 $603,333 $8,798 4.10%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 6 $2,780,000 $463,333 $4,072 3.63%
Outside of Metro Areas 17 $2,695,000 $158,529 $2,902 4.04%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 9 $2,655,000 $295,000 $3,994 3.82%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 4 $1,980,000 $495,000 $3,686 4.22%
Breckenridge, CO (FHA|USDA|VA) 2 $1,830,000 $915,000 $4,869 4.75%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 8 $1,770,000 $221,250 $2,322 4.09%
Whitewater, WI (FHA|USDA|VA) 8 $1,430,000 $178,750 $3,134 4.55%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $1,390,000 $347,500 $3,835 3.72%
ST. LOUIS, MO-IL (FHA|USDA|VA) 5 $1,175,000 $235,000 $3,070 3.90%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 4 $960,000 $240,000 $6,422 3.97%
Ottawa, IL (FHA|USDA|VA) 5 $945,000 $189,000 $4,466 4.30%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $805,000 $268,333 $4,932 3.54%
DULUTH, MN-WI (FHA|USDA|VA) 3 $765,000 $255,000 $2,761 4.08%
SANTA FE, NM (FHA|USDA|VA) 1 $685,000 $685,000 $9,891 3.88%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $620,000 $310,000 $3,672 3.63%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $605,000 $201,667 $3,776 4.13%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $590,000 $295,000 $9,116 3.63%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $525,000 $525,000 $3,396 4.25%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $500,000 $250,000 $3,021 3.88%
MADISON, WI (FHA|USDA|VA) 3 $495,000 $165,000 $7,230 4.88%
NILES, MI (FHA|USDA|VA) 1 $485,000 $485,000 $3,273 3.88%
BRUNSWICK, GA (FHA|USDA|VA) 1 $485,000 $485,000 $8,289 3.25%
FRESNO, CA (FHA|USDA|VA) 1 $445,000 $445,000 $2,863 3.75%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $435,000 $435,000 $2,513 4.13%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $405,000 $405,000 $4,646 3.38%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $405,000 $405,000 $4,602 3.88%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $405,000 $405,000 $3,259 3.63%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $395,000 $395,000 $2,954 3.63%
Holland, MI (FHA|USDA|VA) 1 $395,000 $395,000 $0 4.13%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $395,000 $395,000 $3,383 3.75%
PEORIA, IL (FHA|USDA|VA) 2 $390,000 $195,000 $2,156 4.13%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $385,000 $385,000 $2,719 3.50%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $385,000 $385,000 $2,699 3.88%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $375,000 $375,000 $2,743 3.38%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $375,000 $375,000 $2,813 4.25%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $365,000 $365,000 $3,986 3.13%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $355,000 $355,000 $3,176 3.88%
Alexandria, MN (FHA|USDA|VA) 1 $325,000 $325,000 $4,105 3.63%
COLUMBUS, OH (FHA|USDA|VA) 1 $325,000 $325,000 $3,442 3.88%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $315,000 $315,000 $2,573 3.63%
Cookeville, TN (FHA|USDA|VA) 1 $305,000 $305,000 $3,448 3.88%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $275,000 $275,000 $3,003 3.63%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $265,000 $265,000 $3,211 4.38%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $265,000 $265,000 $4,138 3.50%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $265,000 $265,000 $4,521 4.50%
TYLER, TX (FHA|USDA|VA) 1 $265,000 $265,000 $2,214 4.50%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $260,000 $130,000 $2,244 4.00%
Baraboo, WI (FHA|USDA|VA) 1 $255,000 $255,000 $1,883 3.63%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $255,000 $255,000 $3,209 4.13%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $255,000 $255,000 $2,823 3.88%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $245,000 $245,000 $3,553 3.88%
Menomonie, WI (FHA|USDA|VA) 2 $240,000 $120,000 $2,352 4.38%
KNOXVILLE, TN (FHA|USDA|VA) 1 $225,000 $225,000 $3,974 3.63%
Angola, IN (FHA|USDA|VA) 1 $205,000 $205,000 $2,709 3.50%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $195,000 $195,000 $3,241 3.88%
CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $195,000 $195,000 $3,631 3.88%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $185,000 $185,000 $2,302 3.63%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $185,000 $185,000 $4,422 4.00%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $175,000 $175,000 $2,236 3.50%
Clarksburg, WV (FHA|USDA|VA) 1 $165,000 $165,000 $3,233 3.75%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $165,000 $165,000 $4,418 3.63%
COLUMBIA, SC (FHA|USDA|VA) 1 $165,000 $165,000 $3,273 4.38%
Charleston-Mattoon, IL (FHA|USDA|VA) 1 $145,000 $145,000 $4,792 3.75%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $135,000 $135,000 $2,552 3.88%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $125,000 $125,000 $2,783 3.50%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $105,000 $105,000 $3,252 3.38%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $75,000 $75,000 $3,287 4.13%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $45,000 $45,000 $0 5.75%
Midwest Community Bank's top markets include Chicago, Rockford, Phoenix, Rochelle, and Freeport among others.

Their top states include:
  • Illinois (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Similar Lenders

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

    Rock Valley Credit Union
    Similarity Rank: 14
    State Bank of Cross Plains
    Similarity Rank: 78
    Liberty Bank for Savings
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    First Community Credit Union
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    Merchants Bank
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    The Greenwood's State Bank
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    ARAPAHOE CREDIT UNION
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    The District Federal Credit Union
    Similarity Rank: 372
    EDUCATORS CREDIT UNION
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    DENVER COMMUNITY
    Similarity Rank: 480

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,194 $243,610,000 $204,028 $3,127 4.15%
    FHA 282 $46,740,000 $165,745 $6,469 4.14%
    VA 49 $11,195,000 $228,469 $5,465 4.02%

    For 2019, Midwest Community Bank's most frequently originated type of loan was Conventional, with 1,194 originations. Their 2nd most popular type was FHA, with 282 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,065 $185,195,000 $173,892 $4,343 4.26%
    Refi 311 $80,045,000 $257,379 $2,649 3.75%
    Cash Out Refi 149 $36,305,000 $243,658 $2,822 4.14%

    For 2019, Midwest Community Bank's most frequently cited loan purpose was Home Purchase, with 1,065 originations. The 2nd most popular reason was Refi, with 311 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,340 $267,740,000 $199,806 $4,012 4.21%
    15 Year 145 $26,635,000 $183,690 $2,485 3.61%
    20 Year 27 $4,755,000 $176,111 $2,808 3.93%
    10 Year 6 $970,000 $161,667 $2,429 3.73%
    Other 3 $835,000 $278,333 $5,898 3.79%
    1 Year 1 $185,000 $185,000 $0 5.25%
    30+ year 1 $255,000 $255,000 $5,301 4.38%
    3 Year 1 $95,000 $95,000 $0 6.00%
    5 Year 1 $75,000 $75,000 $0 5.63%

    For 2019, Midwest Community Bank's most frequently cited loan duration was 30 Year, with 1,340 originations. The 2nd most popular length was 15 Year, with 145 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,064 $221,680,000 $208,346
    $<1k 346 $54,420,000 $157,283
    $2k-3k 40 $11,220,000 $280,500
    $3k-4k 8 $1,980,000 $247,500
    $5k+ 5 $2,475,000 $495,000
    $4k-5k 3 $1,045,000 $348,333

    Midwest Community Bank's average total fees were $4,012, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,064 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 763 $170,545,000 $223,519
    4-5% 611 $109,855,000 $179,795
    5-6% 141 $18,935,000 $134,291
    2.5-3% 7 $1,665,000 $237,857
    6-7% 2 $360,000 $180,000
    <2.5% 1 $185,000 $185,000

    During 2019, Midwest Community Bank's average interest rate for loans was 4.21%, while their most frequently originated rate bucket for loans was 3-4%, with 763 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 689 $102,325,000 $148,512 $3,952 4.16%
    $200k-400k 491 $133,595,000 $272,088 $3,971 3.95%
    $100,000 or less 253 $18,165,000 $71,798 $3,170 4.54%
    $400k-600k 80 $36,970,000 $462,125 $3,762 3.94%
    $600k-1MM 10 $7,700,000 $770,000 $7,634 4.38%
    $1MM+ 2 $2,790,000 $1,395,000 $3,268 3.75%

    2019 saw Midwest Community Bank place emphasis on $100k-200k loans with 689 originations, totaling $102,325,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 399 $65,255,000 $163,546 $4,338 4.22%
    $50k or less 353 $40,495,000 $114,717 $4,014 4.31%
    $100k-150k 284 $66,640,000 $234,648 $3,336 4.05%
    $75k-100k 242 $49,060,000 $202,727 $3,965 4.09%
    $150k-250k 190 $56,460,000 $297,158 $3,146 3.99%
    $250k+ 51 $22,195,000 $435,196 $3,746 3.85%

    Midwest Community Bank lent most frequently to those with incomes in the $50k-75k range, with 399 originations. The second most popular income band? $50k or less, with 353 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 282 $54,790,000 $194,291 $3,120 4.07%
    30-36% 263 $54,065,000 $205,570 $3,473 4.15%
    42% 90 $18,440,000 $204,889 $3,820 4.23%
    44% 84 $14,960,000 $178,095 $4,594 4.35%
    43% 80 $13,940,000 $174,250 $3,749 4.28%
    <20% 78 $15,420,000 $197,692 $3,056 4.03%
    50-60% 78 $15,540,000 $199,231 $6,925 4.01%
    41% 71 $13,055,000 $183,873 $3,725 4.18%
    40% 65 $12,115,000 $186,385 $3,830 4.37%
    39% 63 $11,855,000 $188,175 $4,096 4.06%
    49% 56 $11,940,000 $213,214 $4,003 4.13%
    38% 54 $11,220,000 $207,778 $3,762 4.17%
    36% 51 $10,175,000 $199,510 $4,077 4.13%
    37% 48 $9,310,000 $193,958 $3,535 4.14%
    48% 40 $7,030,000 $175,750 $4,023 4.10%
    45% 40 $8,010,000 $200,250 $4,054 4.13%
    46% 36 $8,970,000 $249,167 $4,350 4.08%
    47% 34 $7,740,000 $227,647 $4,505 4.09%
    >60% 4 $1,170,000 $292,500 $4,952 3.62%

    Midwest Community Bank lent most frequently to those with DTI ratios of 20-30%, with 282 originations. The next most common DTI ratio? 30-36%, with 263 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,416 $281,910,000 $199,089 $3,845 4.14%
    Black 59 $8,785,000 $148,898 $3,939 4.44%
    Asian 33 $7,675,000 $232,576 $3,444 4.12%
    Not provided 11 $2,205,000 $200,455 $3,914 3.82%
    American Indian 5 $855,000 $171,000 $5,516 3.82%
    Filipino 1 $115,000 $115,000 $2,761 4.63%

    Approval Rates

    Total approvals of all applications
    94.52%

    Midwest Community Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    75.67%

    Midwest Community Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,525 $301,545,000 $197,734

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 1,525 $301,545,000 $197,734

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 23 $3,425,000 $148,913 $3,450 3.87%
    40-60% 61 $12,215,000 $200,246 $3,089 3.86%
    60-80% 420 $93,540,000 $222,714 $2,732 4.08%
    80-100% 1,008 $189,850,000 $188,343 $4,283 4.19%
    Over 100% 10 $2,160,000 $216,000 $7,634 3.97%
    Under 20% 1 $75,000 $75,000 $0 5.63%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    MIDWEST EQUITY MORTGAGE, LLC FHA mortgage Closing on a mortgage 1 100.0%

    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 $41,127
    Midwest Community Bank 3963 N Perryville Rd Rockford, IL 61114 Full Service B&M $43,665
    Midwest Community Bank 510 Park Crest Drive Freeport, IL 61032 Full Service B&M $124,203

    For 2019, Midwest Community Bank had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $10,179
    Net interest income $8,030
    Total noninterest income $28,697
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $205
    Trading account gains and fees $0
    Additional Noninterest Income $28,492
    Pre-tax net operating income $7,553
    Securities gains (or losses, -) $0
    Income before extraordinary items $7,553
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $7,553
    Minority interest net income $1,402
    Net income $6,151
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $7,553

    Midwest Community Bank's gross interest income from loans was $10,179,000.
    Midwest Community Bank's net interest income from loans was $8,030,000.
    Midwest Community Bank's fee based income from loans was $205,000.
    Midwest Community Bank's net income from loans was $6,151,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,149
    Provision for credit losses $0
    Total noninterest expense $29,174
    Salaries and employee benefits $19,945
    Premises and equipment expense $2,077
    Additional noninterest expense $7,152
    Applicable income taxes $0
    Net charge-offs $-166
    Cash dividends $3,593

    Midwest Community Bank's interest expense for loans was $2,149,000.
    Midwest Community Bank's payroll and benefits expense were $19,945,000.
    Midwest Community Bank's property, plant and equipment expenses $2,077,000.

    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 $213,295
    Deposits held in domestic offices $213,295
    Deposits by Individuals, partnerships, and corporations $210,615
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $2,680
    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 $79,617
    Demand deposits $33,324
    Nontransaction accounts $133,678
    Money market deposit accounts (MMDAs) $36,878
    Other savings deposits (excluding MMDAs) $21,346
    Total time deposits $75,454
    Total time and savings deposits $179,971
    Noninterest-bearing deposits $35,293
    Interest-bearing deposits $178,002
    Retail deposits $196,082
    IRAs and Keogh plan accounts $14,802
    Brokered deposits $10,700
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $244,416
    Cash & Balances due from depository institutions $12,910
    Interest-bearing balances $7,596
    Total securities $1,665
    Federal funds sold & reverse repurchase $0
    Net loans and leases $211,758
    Loan and leases loss allowance $2,267
    Trading account assets $0
    Bank premises and fixed assets $3,551
    Other real estate owned $2,771
    Goodwill and other intangibles $3,068
    All other assets $8,693

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $244,415
    Total Liabilities $214,518
    Total deposits $213,295
    Interest-bearing deposits $178,002
    Deposits held in domestic offices $213,295
    % insured (estimated) $86
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $1,223

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $211,758
    Loan and leases loss allowance $2,267
    Total loans and leases (domestic) $214,025
    All real estate loans $185,598
    Real estate loans in domestic offices $185,598
    Construction and development loans $2,550
    Residential 1-4 family construction $2,550
    Other construction, all land development and other land $0
    Loans secured by nonfarm nonresidential properties $25,272
    Nonfarm nonresidential secured by owner-occupied properties $4,640
    Commercial real estate & other non-farm, non-residential $20,632
    Multifamily residential real estate $69,074
    1-4 family residential loans $82,348
    Farmland loans $6,354
    Loans held in foreign offices $0
    Farm loans $23,474
    Commercial and industrial loans $4,582
    To non-U.S. addressees $0
    Loans to individuals $359
    Credit card loans $0
    Related Plans $1
    Consumer Auto Loans $60
    Other loans to individuals $298
    All other loans & leases $12
    Loans to foreign governments and official institutions $0
    Other loans $12
    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 $1,005
    Non 1-4 family restructured loans & leases $880
    Total loans and leases (foreign) $0

    Midwest Community Bank had $211,758,000 of loans outstanding in 2019. $185,598,000 of loans were in real estate loans. $2,550,000 of loans were in development loans. $69,074,000 of loans were in multifamily mortgage loans. $82,348,000 of loans were in 1-4 family mortgage loans. $23,474,000 of loans were in farm loans. $0 of loans were in credit card loans. $60,000 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 28 $6,568 $234,571
    Nonfarm, nonresidential loans - <$100k 4 $128 $32,000
    Nonfarm, nonresidential loans - $100-250k 10 $623 $62,300
    Nonfarm, nonresidential loans - $250k-1MM 14 $5,817 $415,500
    Commercial & Industrial, US addressed loans - <$1MM 32 $2,701 $84,406
    Commercial & Industrial, US addressed loans - <$100k 21 $281 $13,381
    Commercial & Industrial, US addressed loans - $100-250k 5 $660 $132,000
    Commercial & Industrial, US addressed loans - $250k-1MM 6 $1,760 $293,333
    Farmland loans - <$1MM 13 $2,325 $178,846
    Farmland loans - <$100k 2 $93 $46,500
    Farmland loans - $100-250k 6 $807 $134,500
    Farmland loans - $250k-1MM 5 $1,425 $285,000
    Agriculture operations loans - <$1MM 39 $3,940 $101,026
    Agriculture operations loans - <$100k 22 $619 $28,136
    Agriculture operations loans - $100-250k 10 $1,119 $111,900
    Agriculture operations loans - $250k-1MM 7 $2,202 $314,571