Leader Bank Mortgage Rates, Fees & Info

Arlington, MA

LEI: 549300FK3AFCFVAPH234

Tax ID: 04-3557920

5 stars - out of 5 stars, based on 115 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Leader Bank is a mid-sized bank specializing in Home Purchase and Refi loans. Leader Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets include Boston, Worcester, Providence, Barnstable Town, and Hartford among others. Leader 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. Leader Bank is typically an average fee lendor.


Originations

13,127

Origination Dollar Volume (All Markets)

$6,364,465,000

Employee count

403 Show all (30) awards

Relative Rate

Leader Bank's average 30 year fixed rate mortgage of loans were 2.84%.

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

This yields a difference of -0.31%.

Relative Fees

Leader Bank's average total fees for a 30 year fixed rate mortgage are $3,816.

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
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 10,443 $5,362,995,000 $513,549 $3,604 2.78%
WORCESTER, MA-CT (FHA|USDA|VA) 731 $267,805,000 $366,354 $3,435 2.80%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 543 $204,335,000 $376,308 $3,503 2.78%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 322 $129,350,000 $401,708 $3,482 2.75%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 294 $91,180,000 $310,136 $3,915 2.74%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 118 $42,300,000 $358,475 $3,203 2.85%
Outside of Metro Areas 63 $25,745,000 $408,651 $3,938 2.83%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 60 $22,780,000 $379,667 $3,211 2.81%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 39 $21,145,000 $542,179 $3,969 2.75%
SPRINGFIELD, MA (FHA|USDA|VA) 66 $17,590,000 $266,515 $3,485 2.77%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 29 $16,895,000 $582,586 $4,884 2.89%
Lebanon, NH-VT (FHA|USDA|VA) 45 $16,295,000 $362,111 $3,797 2.84%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 23 $11,465,000 $498,478 $5,306 2.76%
Laconia, NH (FHA|USDA|VA) 24 $9,740,000 $405,833 $3,449 2.84%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 29 $9,045,000 $311,897 $3,724 2.73%
Vineyard Haven, MA (FHA|USDA|VA) 9 $7,755,000 $861,667 $4,807 2.93%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 18 $7,590,000 $421,667 $4,723 2.84%
Concord, NH (FHA|USDA|VA) 21 $6,045,000 $287,857 $3,179 2.89%
Torrington, CT (FHA|USDA|VA) 19 $6,005,000 $316,053 $3,992 2.72%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 14 $5,700,000 $407,143 $5,624 2.63%
PITTSFIELD, MA (FHA|USDA|VA) 16 $5,550,000 $346,875 $3,670 2.69%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 13 $5,065,000 $389,615 $3,320 2.87%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 4 $4,690,000 $1,172,500 $15,603 3.09%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $4,380,000 $1,095,000 $7,354 2.75%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 15 $4,265,000 $284,333 $4,370 3.01%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 10 $3,750,000 $375,000 $4,543 2.84%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 10 $3,390,000 $339,000 $4,019 2.95%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 7 $2,885,000 $412,143 $4,042 2.98%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 8 $2,810,000 $351,250 $3,864 2.98%
Rutland, VT (FHA|USDA|VA) 8 $2,490,000 $311,250 $4,018 2.45%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 7 $2,215,000 $316,429 $4,336 2.59%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 4 $2,030,000 $507,500 $3,997 3.06%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 5 $1,835,000 $367,000 $3,863 2.85%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 3 $1,675,000 $558,333 $5,432 2.96%
Barre, VT (FHA|USDA|VA) 5 $1,645,000 $329,000 $3,965 2.63%
Berlin, NH (FHA|USDA|VA) 4 $1,600,000 $400,000 $3,861 2.63%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 4 $1,510,000 $377,500 $3,866 3.03%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 3 $1,505,000 $501,667 $6,062 2.67%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $1,135,000 $378,333 $4,156 3.50%
JACKSONVILLE, FL (FHA|USDA|VA) 3 $1,125,000 $375,000 $4,480 2.29%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 3 $1,125,000 $375,000 $3,410 2.92%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $1,080,000 $540,000 $5,455 3.19%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 3 $1,065,000 $355,000 $4,473 2.91%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 3 $915,000 $305,000 $3,753 2.96%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 2 $900,000 $450,000 $5,355 3.00%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $890,000 $445,000 $3,700 2.81%
Keene, NH (FHA|USDA|VA) 3 $815,000 $271,667 $3,064 3.00%
Augusta-Waterville, ME (FHA|USDA|VA) 3 $775,000 $258,333 $5,079 2.63%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $775,000 $775,000 $8,542 3.75%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $770,000 $385,000 $4,248 2.75%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $745,000 $745,000 $6,938 2.88%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 3 $735,000 $245,000 $4,064 3.33%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $705,000 $705,000 $5,392 2.88%
COLUMBIA, SC (FHA|USDA|VA) 3 $695,000 $231,667 $3,829 3.04%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $690,000 $345,000 $4,294 2.62%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $665,000 $665,000 $6,454 2.88%
WILMINGTON, NC (FHA|USDA|VA) 1 $625,000 $625,000 $3,726 3.00%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 2 $560,000 $280,000 $3,818 2.69%
BOULDER, CO (FHA|USDA|VA) 1 $545,000 $545,000 $3,431 3.25%
ROCHESTER, NY (FHA|USDA|VA) 1 $545,000 $545,000 $4,504 2.50%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $515,000 $515,000 $4,291 2.38%
BANGOR, ME (FHA|USDA|VA) 1 $505,000 $505,000 $3,711 2.25%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $475,000 $475,000 $3,478 2.25%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $475,000 $475,000 $4,120 3.25%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $425,000 $425,000 $3,722 2.63%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $415,000 $415,000 $5,173 3.75%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $405,000 $405,000 $3,424 2.38%
Edwards, CO (FHA|USDA|VA) 1 $405,000 $405,000 $4,108 3.00%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $405,000 $405,000 $3,979 2.88%
CLEVELAND, TN (FHA|USDA|VA) 1 $385,000 $385,000 $3,854 2.75%
Georgetown, SC (FHA|USDA|VA) 1 $375,000 $375,000 $4,072 2.88%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $365,000 $365,000 $4,997 2.88%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $365,000 $365,000 $5,446 3.25%
RICHMOND, VA (FHA|USDA|VA) 1 $365,000 $365,000 $3,528 2.63%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $345,000 $345,000 $4,468 2.75%
PITTSBURGH, PA (FHA|USDA|VA) 1 $335,000 $335,000 $5,256 3.00%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $305,000 $305,000 $3,593 2.50%
SAVANNAH, GA (FHA|USDA|VA) 1 $305,000 $305,000 $4,421 2.63%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $295,000 $295,000 $4,679 2.00%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $285,000 $285,000 $3,488 3.13%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $255,000 $255,000 $3,976 3.00%
St. Marys, GA (FHA|USDA|VA) 1 $255,000 $255,000 $3,909 2.75%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $250,000 $125,000 $0 3.69%
WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $245,000 $245,000 $4,138 3.25%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $235,000 $235,000 $2,907 2.88%
ASHEVILLE, NC (FHA|USDA|VA) 1 $225,000 $225,000 $4,224 3.13%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $215,000 $215,000 $4,401 2.75%
Hudson, NY (FHA|USDA|VA) 1 $215,000 $215,000 $4,776 2.88%
SPARTANBURG, SC (FHA|USDA|VA) 1 $205,000 $205,000 $2,335 2.38%
ANN ARBOR, MI (FHA|USDA|VA) 1 $195,000 $195,000 $2,738 2.00%
Auburn, NY (FHA|USDA|VA) 1 $195,000 $195,000 $4,705 3.00%
FLINT, MI (FHA|USDA|VA) 1 $175,000 $175,000 $2,729 3.00%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $165,000 $165,000 $3,960 2.63%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $155,000 $155,000 $5,736 2.75%
SYRACUSE, NY (FHA|USDA|VA) 1 $155,000 $155,000 $4,000 3.00%
Seneca, SC (FHA|USDA|VA) 1 $145,000 $145,000 $0 3.38%
LOGAN, UT-ID (FHA|USDA|VA) 1 $145,000 $145,000 $4,082 2.75%
Forest City, NC (FHA|USDA|VA) 1 $125,000 $125,000 $4,766 2.25%
GAINESVILLE, FL (FHA|USDA|VA) 1 $125,000 $125,000 $0 3.50%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.63%

Leader Bank's top markets include Boston, Worcester, Providence, Barnstable Town, and Hartford among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 12,980 $6,289,040,000 $484,518 $3,553 2.79%
VA 90 $48,220,000 $535,778 $6,455 2.48%
FHA 57 $27,205,000 $477,281 $11,884 2.44%

For the 2021 period, Leader Bank's most frequently originated loan type of loans were Conventional, with 12,980 originations. Their 2nd most popular type is VA, with 90 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 5,749 $3,184,475,000 $553,918 $4,417 2.78%
Refi 5,201 $2,168,305,000 $416,902 $2,936 2.74%
Cash Out Refi 1,855 $947,245,000 $510,644 $3,097 2.94%
Other 227 $47,045,000 $207,247 $3,074 2.77%
Home Improvement 95 $17,395,000 $183,105 $2,994 2.90%

For the 2021, Leader Bank's most frequently cited loan purpose of loans were Home Purchase, with 5,749 originations. The 2nd most popular reason of loans were Refi, with 5,201 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 9,832 $4,946,060,000 $503,057 $3,816 2.84%
15 Year 1,792 $924,660,000 $515,993 $2,902 2.48%
Other 750 $198,030,000 $264,040 $2,745 2.85%
20 Year 646 $255,250,000 $395,124 $2,879 2.68%
10 Year 86 $23,240,000 $270,233 $2,619 2.32%
1 Year 14 $10,440,000 $745,714 $0 4.93%
5 Year 5 $4,155,000 $831,000 $0 3.45%
30+ year 2 $2,630,000 $1,315,000 $13,013 3.62%

For the 2021, Leader Bank's most frequently cited loan length of loans were 30 Year, with 9,832 originations. The 2nd most popular length of loans were 15 Year, with 1,792 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 11,171 $5,317,685,000 $476,026
$2k-3k 173 $86,205,000 $498,295
$3k-4k 145 $85,955,000 $592,793
$5k+ 63 $37,915,000 $601,825
$<1k 49 $15,585,000 $318,061

$3,816 of loans were Leader Bank's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 11,171 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 8,197 $4,165,105,000 $508,126
<2.5% 2,992 $1,137,070,000 $380,037
3-4% 1,836 $1,016,370,000 $553,578
4-5% 94 $40,650,000 $432,447
5-6% 8 $5,270,000 $658,750

During 2021, Leader Bank's average interest rate of loans were 2.84%, while their most frequently originated rate bucket of loans were 2.5-3%, with 8,197 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 4,745 $1,462,295,000 $308,176 $3,043 2.75%
$400k-600k 4,654 $2,272,410,000 $488,270 $3,600 2.75%
$600k-1MM 2,046 $1,509,990,000 $738,021 $4,647 2.90%
$100k-200k 927 $144,385,000 $155,755 $2,664 2.77%
$1MM+ 580 $964,380,000 $1,662,724 $6,030 2.93%
$100,000 or less 175 $11,005,000 $62,886 $1,962 2.93%

2021 saw Leader Bank place emphasis on $200k-400k loans with 4,745 originations, totaling $1,462,295,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$150k-250k 4,381 $2,078,055,000 $474,333 $3,662 2.77%
$100k-150k 3,372 $1,346,210,000 $399,232 $3,425 2.75%
$250k+ 2,753 $1,765,035,000 $641,131 $4,160 2.80%
$75k-100k 1,462 $502,120,000 $343,447 $3,340 2.76%
$50k-75k 820 $224,180,000 $273,390 $3,133 2.73%
$50k or less 112 $22,970,000 $205,089 $3,113 2.87%

Leader Bank lent most frequently to those with incomes in the $150k-250k range, with 4,381 originations. The second most popular income band? $100k-150k, with 3,372 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 4,234 $1,982,610,000 $468,259 $3,548 2.74%
30-36% 2,677 $1,284,185,000 $479,710 $3,739 2.78%
<20% 1,740 $751,550,000 $431,925 $3,309 2.68%
36% 437 $208,605,000 $477,357 $3,829 2.79%
39% 425 $201,795,000 $474,812 $3,737 2.81%
37% 417 $190,615,000 $457,110 $3,696 2.84%
38% 408 $200,480,000 $491,373 $3,766 2.84%
40% 399 $181,975,000 $456,078 $3,661 2.83%
41% 398 $177,680,000 $446,432 $3,672 2.84%
42% 351 $165,485,000 $471,467 $3,897 2.82%
43% 327 $134,515,000 $411,361 $3,741 2.82%
44% 279 $120,545,000 $432,061 $3,743 2.85%
45% 188 $81,430,000 $433,138 $3,783 2.83%
46% 180 $69,560,000 $386,444 $3,712 2.78%
47% 147 $59,175,000 $402,551 $3,748 2.81%
48% 127 $53,275,000 $419,488 $3,575 2.84%
49% 126 $48,140,000 $382,063 $3,560 2.81%
50-60% 8 $3,810,000 $476,250 $10,259 2.78%

Leader Bank lent most frequently to those with DTI ratios of 20-30%, with 4,234 originations. The next most common DTI ratio? 30-36%, with 2,677 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 9,264 $4,221,860,000 $455,728 $3,568 2.77%
Asian 2,045 $984,545,000 $481,440 $3,814 2.75%
Not provided 1,446 $717,950,000 $496,508 $3,648 2.79%
Not applicable 198 $366,250,000 $1,849,747 $0 3.75%
Black 163 $69,345,000 $425,429 $3,822 2.80%
American Indian 10 $3,950,000 $395,000 $3,238 2.76%
Native Hawaiian 1 $565,000 $565,000 $2,872 2.88%

Approval Rates

Total approvals of all applications
98.04%

Leader 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
88.77%

Leader Bank has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 13,127 $6,364,465,000 $484,838

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
13,127 $6,364,465,000 $484,838

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 1,249 $377,575,000 $302,302 $2,938 2.64%
40-60% 3,286 $1,415,550,000 $430,782 $3,062 2.72%
60-80% 5,173 $2,878,545,000 $556,456 $3,630 2.88%
80-100% 2,970 $1,627,460,000 $547,966 $4,414 2.76%
Over 100% 6 $2,890,000 $481,667 $18,388 2.46%
Under 20% 443 $62,445,000 $140,959 $2,628 2.85%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Leader Bank, National Association 1201 Massachusetts Avenue Arlington, MA 2476 Full Service B&M $140,531
Leader Bank, National Association 675 Massachusetts Avenue Cambridge, MA 2139 Full Service B&M $199,003
Leader Bank, National Association 141 Massachusetts Ave Arlington, MA 2474 Full Service B&M $1,071,590
Leader Bank, National Association 363 Pleasant St Belmont, MA 2478 Full Service B&M $264,740
Leader Bank, National Association 449 Massachusetts Avenue Arlington, MA 2474 Full Service B&M $82,784
Leader Bank, National Association 48 Northern Avenue Boston, MA 2210 Full Service Retail $349,625
Leader Bank, National Association 50 Mall Rd Burlington, MA 1803 Full Service B&M $110,480

For 2021, Leader Bank had 7 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $85,085
Net interest income $74,261
Total noninterest income $72,977
Gross Fiduciary activities income $0
Service charges on deposit accounts $320
Trading account gains and fees $0
Additional Noninterest Income $72,657
Pre-tax net operating income $81,366
Securities gains (or losses, -) $1,596
Income before extraordinary items $60,313
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $60,313
Minority interest net income $0
Net income $60,313
Sale, conversion, retirement of capital stock, net $0
Net operating income $59,052

Leader Bank's gross interest income from loans was $85,085,000.
Leader Bank's net interest income from loans was $74,261,000.
Leader Bank's fee based income from loans was $320,000.
Leader Bank's net income from loans was $60,313,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $10,824
Provision for credit losses $5,923
Total noninterest expense $59,949
Salaries and employee benefits $42,384
Premises and equipment expense $4,549
Additional noninterest expense $13,016
Applicable income taxes $22,649
Net charge-offs $-15
Cash dividends $4,100

Leader Bank's interest expense for loans was $10,824,000.
Leader Bank's payroll and benefits expense were $42,384,000.
Leader Bank's property, plant and equipment expenses $4,549,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 0.0%
Real Estate loans 0.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 0.0%
Multifamily residential loans 0.0%
1-4 family residential loans 0.0%
HELOC loans 0.0%
All other family 0.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.0%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $2,658,985
Deposits held in domestic offices $2,658,985
Deposits by Individuals, partnerships, and corporations $1,976,558
Deposits by U.S. Government $181
Deposits by States and political subdivisions in the U.S. $653,933
Deposits by Commercial banks and other depository institutions in U.S. $28,313
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $762,952
Demand deposits $602,814
Nontransaction accounts $1,896,033
Money market deposit accounts (MMDAs) $1,254,393
Other savings deposits (excluding MMDAs) $324,869
Total time deposits $316,771
Total time and savings deposits $2,056,171
Noninterest-bearing deposits $762,952
Interest-bearing deposits $1,896,033
Retail deposits $2,429,649
IRAs and Keogh plan accounts $97,998
Brokered deposits $158,134
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $3,077,235
Cash & Balances due from depository institutions $336,340
Interest-bearing balances $318,432
Total securities $325,045
Federal funds sold & reverse repurchase $0
Net loans and leases $2,345,162
Loan and leases loss allowance $23,417
Trading account assets $0
Bank premises and fixed assets $16,542
Other real estate owned $0
Goodwill and other intangibles $20,303
All other assets $33,843

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $3,077,235
Total Liabilities $2,721,558
Total deposits $2,658,985
Interest-bearing deposits $1,896,033
Deposits held in domestic offices $2,658,985
% insured (estimated) $46
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $36,401
Subordinated debt $0
All other liabilities $26,172

Issued Loan Types

Type Value (in 000's)
Net loans and leases $2,345,162
Loan and leases loss allowance $23,417
Total loans and leases (domestic) $2,368,579
All real estate loans $2,290,571
Real estate loans in domestic offices $2,290,571
Construction and development loans $44,102
Residential 1-4 family construction $17,949
Other construction, all land development and other land $26,153
Loans secured by nonfarm nonresidential properties $535,041
Nonfarm nonresidential secured by owner-occupied properties $114,930
Commercial real estate & other non-farm, non-residential $420,111
Multifamily residential real estate $485,070
1-4 family residential loans $1,226,358
Farmland loans $0
Loans held in foreign offices $0
Farm loans $0
Commercial and industrial loans $73,180
To non-U.S. addressees $0
Loans to individuals $4,495
Credit card loans $0
Related Plans $4,359
Consumer Auto Loans $1
Other loans to individuals $135
All other loans & leases $333
Loans to foreign governments and official institutions $0
Other loans $333
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 $296
Non 1-4 family restructured loans & leases $132
Total loans and leases (foreign) $0

Leader Bank had $2,345,162,000 of loans outstanding in 2021. $2,290,571,000 of loans were in real estate loans. $44,102,000 of loans were in development loans. $485,070,000 of loans were in multifamily mortgage loans. $1,226,358,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $1,000 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 229 $81,165 $354,432
Nonfarm, nonresidential loans - <$100k 11 $539 $49,000
Nonfarm, nonresidential loans - $100-250k 54 $7,308 $135,333
Nonfarm, nonresidential loans - $250k-1MM 164 $73,318 $447,061
Commercial & Industrial, US addressed loans - <$1MM 854 $52,013 $60,905
Commercial & Industrial, US addressed loans - <$100k 605 $11,200 $18,512
Commercial & Industrial, US addressed loans - $100-250k 148 $15,465 $104,493
Commercial & Industrial, US addressed loans - $250k-1MM 101 $25,348 $250,970