Happy State Bank Mortgage Rates, Fees & Info

Happy, TX

LEI: 549300K83T0RO62KWB61

Tax ID: 75-0270470

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

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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

    Happy State Bank is a smaller bank specializing in Home Purchase loans. Happy State 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.) They have a low ratio of USDA loans. Their top markets by origination volume include: Dallas, Amarillo, Houston, Lubbock, and Borger among others. We have data for 42 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Happy State Bank 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. Happy State 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.

    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.


    Originations

    1,071

    Origination Dollar Volume (All Markets)

    $295,095,000

    Employee count

    705 Show all (5) 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
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 235 $119,345,000 $507,851 $4,864 5.30%
    AMARILLO, TX (FHA|USDA|VA) 491 $88,905,000 $181,069 $4,108 5.21%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 11 $29,815,000 $2,710,455 $10,337 6.08%
    LUBBOCK, TX (FHA|USDA|VA) 89 $18,965,000 $213,090 $3,934 5.42%
    Outside of Metro Areas 59 $7,645,000 $129,576 $3,673 5.03%
    Borger, TX (FHA|USDA|VA) 55 $6,015,000 $109,364 $3,754 5.27%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $5,085,000 $5,085,000 $0 5.75%
    ABILENE, TX (FHA|USDA|VA) 41 $3,435,000 $83,780 $3,724 5.75%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 8 $3,120,000 $390,000 $0 5.91%
    Dumas, TX (FHA|USDA|VA) 17 $1,625,000 $95,588 $2,849 5.04%
    Pampa, TX (FHA|USDA|VA) 11 $1,375,000 $125,000 $3,824 5.08%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 5 $1,115,000 $223,000 $4,755 5.23%
    WACO, TX (FHA|USDA|VA) 4 $1,070,000 $267,500 $3,117 5.25%
    SANTA FE, NM (FHA|USDA|VA) 2 $720,000 $360,000 $0 5.06%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $680,000 $340,000 $4,746 5.06%
    Granbury, TX (FHA|USDA|VA) 2 $650,000 $325,000 $4,569 4.75%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 3 $585,000 $195,000 $3,092 5.08%
    Mineral Wells, TX (FHA|USDA|VA) 1 $575,000 $575,000 $6,385 4.75%
    Hereford, TX (FHA|USDA|VA) 3 $545,000 $181,667 $5,269 5.00%
    Plainview, TX (FHA|USDA|VA) 4 $360,000 $90,000 $4,155 4.59%
    SALT LAKE CITY, UT (FHA|USDA|VA) 1 $335,000 $335,000 $3,063 4.63%
    Ardmore, OK (FHA|USDA|VA) 1 $305,000 $305,000 $4,018 4.38%
    Gainesville, TX (FHA|USDA|VA) 2 $280,000 $140,000 $5,255 5.40%
    TULSA, OK (FHA|USDA|VA) 1 $275,000 $275,000 $3,307 4.88%
    WICHITA FALLS, TX (FHA|USDA|VA) 3 $235,000 $78,333 $0 5.83%
    Taos, NM (FHA|USDA|VA) 1 $215,000 $215,000 $6,745 5.00%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $185,000 $185,000 $0 4.25%
    Ruidoso, NM (FHA|USDA|VA) 2 $170,000 $85,000 $3,181 4.81%
    SAN ANGELO, TX (FHA|USDA|VA) 1 $155,000 $155,000 $0 5.25%
    EL PASO, TX (FHA|USDA|VA) 1 $155,000 $155,000 $0 5.50%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $135,000 $135,000 $5,098 4.25%
    Corsicana, TX (FHA|USDA|VA) 1 $135,000 $135,000 $0 5.75%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $115,000 $115,000 $3,056 4.25%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $115,000 $115,000 $0 5.75%
    TYLER, TX (FHA|USDA|VA) 1 $105,000 $105,000 $2,937 4.63%
    BOULDER, CO (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.25%
    LAREDO, TX (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.75%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $95,000 $95,000 $0 5.13%
    Las Vegas, NM (FHA|USDA|VA) 1 $95,000 $95,000 $4,095 6.00%
    Snyder, TX (FHA|USDA|VA) 2 $80,000 $40,000 $0 5.88%
    Levelland, TX (FHA|USDA|VA) 1 $45,000 $45,000 $0 5.50%
    Big Spring, TX (FHA|USDA|VA) 1 $25,000 $25,000 $0 5.50%
    Happy State Bank's top markets include Dallas, Amarillo, Houston, Lubbock, and Borger among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • New Mexico (FHA|USDA|VA)
  • Utah (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)

    • Similar Lenders

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

    Access Community Credit Union
    Similarity Rank: 35
    NEIGHBORHOOD
    Similarity Rank: 200
    SOUTHERN LENDING SERVICES, LTD.
    Similarity Rank: 386
    TEXANS
    Similarity Rank: 416
    AUSTIN TELCO Federal Credit Union
    Similarity Rank: 481
    ADVISA MORTGAGE SERVICES, LTD.
    Similarity Rank: 498
    Southwest Bank
    Similarity Rank: 507
    TruHome Solutions, LLC
    Similarity Rank: 648
    ASSOCIATED MORTGAGE CORPORATION
    Similarity Rank: 651
    AIMBank
    Similarity Rank: 841

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 943 $275,365,000 $292,010 $3,674 5.35%
    FHA 86 $11,970,000 $139,186 $5,916 4.71%
    VA 31 $6,635,000 $214,032 $6,451 4.31%
    USDA 11 $1,125,000 $102,273 $4,298 4.86%

    For 2018, Happy State Bank's most frequently originated type of loan was Conventional, with 943 originations. Their 2nd most popular type was FHA, with 86 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 899 $251,345,000 $279,583 $4,222 5.25%
    Refi 93 $24,625,000 $264,785 $3,682 5.50%
    Cash Out Refi 34 $8,750,000 $257,353 $4,781 5.02%
    Home Improvement 27 $8,515,000 $315,370 $2,423 5.66%
    Other 18 $1,860,000 $103,333 $2,466 4.91%

    For 2018, Happy State Bank's most frequently cited loan purpose was Home Purchase, with 899 originations. The 2nd most popular reason was Refi, with 93 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 539 $111,025,000 $205,983 $4,317 4.93%
    15 Year 199 $27,425,000 $137,814 $3,346 5.44%
    1 Year 122 $18,340,000 $150,328 $0 5.75%
    20 Year 106 $25,180,000 $237,547 $3,385 5.61%
    Other 49 $31,865,000 $650,306 $0 5.87%
    10 Year 29 $20,325,000 $700,862 $1,728 5.53%
    5 Year 24 $57,360,000 $2,390,000 $2,424 5.84%
    3 Year 3 $3,575,000 $1,191,667 $0 5.58%

    For 2018, Happy State Bank's most frequently cited loan duration was 30 Year, with 539 originations. The 2nd most popular length was 15 Year, with 199 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 598 $117,670,000 $196,773
    $1k-2k 21 $3,865,000 $184,048
    $2k-3k 11 $2,275,000 $206,818
    $3k-4k 2 $510,000 $255,000
    $5k+ 2 $2,410,000 $1,205,000

    Happy State Bank's average total fees were $4,317, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 598 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 479 $105,875,000 $221,033
    5-6% 393 $151,335,000 $385,076
    6-7% 161 $31,415,000 $195,124
    3-4% 25 $4,795,000 $191,800
    7-8% 12 $830,000 $69,167
    <2.5% 1 $845,000 $845,000

    During 2018, Happy State Bank's average interest rate for loans was 4.93%, while their most frequently originated rate bucket for loans was 4-5%, with 479 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 408 $58,870,000 $144,289 $4,081 5.19%
    $100,000 or less 356 $23,300,000 $65,449 $2,748 5.59%
    $200k-400k 217 $58,835,000 $271,129 $4,564 5.00%
    $400k-600k 45 $21,725,000 $482,778 $5,833 4.77%
    $1MM+ 25 $116,735,000 $4,669,400 $14,998 5.60%
    $600k-1MM 20 $15,630,000 $781,500 $7,985 4.70%

    2018 saw Happy State Bank place emphasis on $100k-200k loans with 408 originations, totaling $58,870,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 158 $20,650,000 $130,696 $4,050 4.89%
    $50k or less 146 $14,130,000 $96,781 $3,170 5.26%
    $100k-150k 125 $26,485,000 $211,880 $4,297 4.79%
    $75k-100k 98 $16,480,000 $168,163 $3,939 4.86%
    $150k-250k 92 $24,800,000 $269,565 $4,395 4.86%
    $250k+ 55 $28,395,000 $516,273 $6,668 4.70%

    Happy State Bank lent most frequently to those with incomes in the $50k-75k range, with 158 originations. The second most popular income band? $50k or less, with 146 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 159 $31,115,000 $195,692 $3,909 4.87%
    30-36% 120 $22,200,000 $185,000 $4,222 4.76%
    <20% 50 $11,840,000 $236,800 $4,109 4.67%
    44% 42 $7,590,000 $180,714 $4,206 5.47%
    43% 37 $6,055,000 $163,649 $4,048 4.98%
    38% 32 $5,920,000 $185,000 $3,345 5.10%
    41% 31 $6,195,000 $199,839 $3,823 5.00%
    37% 28 $4,920,000 $175,714 $4,289 5.17%
    42% 24 $6,180,000 $257,500 $4,736 4.88%
    36% 23 $4,655,000 $202,391 $4,140 4.79%
    39% 23 $5,665,000 $246,304 $4,181 4.82%
    45% 21 $4,955,000 $235,952 $4,486 4.97%
    40% 19 $3,255,000 $171,316 $3,883 4.99%
    47% 14 $2,190,000 $156,429 $4,103 4.79%
    48% 13 $2,455,000 $188,846 $4,850 4.96%
    50-60% 12 $2,050,000 $170,833 $4,821 4.73%
    46% 12 $1,920,000 $160,000 $4,552 4.63%
    49% 8 $1,380,000 $172,500 $4,669 4.89%

    Happy State Bank lent most frequently to those with DTI ratios of 20-30%, with 159 originations. The next most common DTI ratio? 30-36%, with 120 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 387 $162,015,000 $418,643 $8,513 5.87%
    White 579 $109,935,000 $189,870 $4,057 4.92%
    Not provided 71 $16,985,000 $239,225 $4,503 4.96%
    Black 16 $3,480,000 $217,500 $4,562 4.92%
    Asian 10 $1,350,000 $135,000 $4,460 4.51%
    Other Asian 3 $565,000 $188,333 $4,322 5.17%
    American Indian 4 $450,000 $112,500 $2,825 5.44%
    Native Hawaiian or Islander 1 $315,000 $315,000 $4,322 5.00%

    Approval Rates

    Total approvals of all applications
    89.90%

    Happy State Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    75.16%

    Happy State Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,071 $295,095,000 $275,532

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 7 $28,465,000 $4,066,429
    Multifamily:Site-Built 27 $83,695,000 $3,099,815
    Single Family (1-4 Units):Manufactured 1 $25,000 $25,000
    Single Family (1-4 Units):Site-Built 1,036 $182,910,000 $176,554

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 43 $13,745,000 $319,651 $2,577 5.27%
    40-60% 111 $25,605,000 $230,676 $3,843 5.46%
    60-80% 361 $144,055,000 $399,044 $4,330 5.48%
    80-100% 536 $106,800,000 $199,254 $4,178 5.08%
    Over 100% 6 $1,140,000 $190,000 $8,446 4.31%
    Under 20% 14 $3,750,000 $267,857 $1,825 5.86%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Happy State Bank 111 North Street Texline, TX 79087 Full Service B&M $12,320
    Happy State Bank 1125 North Hobart Street Pampa, TX 79065 Full Service B&M $128,509
    Happy State Bank 1431 West Wilson Street Borger, TX 79007 Full Service B&M $51,488
    Happy State Bank 100 East Main Street Happy, TX 79042 Full Service B&M $44,662
    Happy State Bank 1000 S. Buchanan Street Amarillo, TX 79101 Full Service B&M $5,940
    Happy State Bank 102 N. Main Street Stratford, TX 79084 Full Service B&M $42,291
    Happy State Bank 105 South Wall Floydada, TX 79235 Full Service B&M $7,643
    Happy State Bank 110 N. 25 Mile Ave Hereford, TX 79045 Full Service B&M $36,871
    Happy State Bank 16633 Dallas Parkway, Suite 350 Addison, TX 75001 Full Service B&M $85,259
    Happy State Bank 1908 4th Avenue Canyon, TX 79015 Full Service B&M $156,575
    Happy State Bank 200 Main Street Canadian, TX 79014 Full Service B&M $186,366
    Happy State Bank 201 North Main Street Lockney, TX 79241 Full Service B&M $32,487
    Happy State Bank 21 North Main Street Higgins, TX 79046 Full Service B&M $19,027
    Happy State Bank 2525 Ridgmar Blvd Fort Worth, TX 76116 Full Service B&M $47,245
    Happy State Bank 2614 S. Georgia Street Amarillo, TX 79109 Full Service B&M $31,830
    Happy State Bank 3110 Olton Rd Plainview, TX 79072 Full Service B&M $124,612
    Happy State Bank 312 E 2nd Street Dalhart, TX 79022 Full Service B&M $28,076
    Happy State Bank 3134 Bell Street Amarillo, TX 79109 Full Service B&M $37,442
    Happy State Bank 3423 Soncy Road Amarillo, TX 79121 Full Service B&M $151,242
    Happy State Bank 416 Main Sunray, TX 79086 Full Service B&M $41,934
    Happy State Bank 4302 West 45th Amarillo, TX 79109 Full Service B&M $46,697
    Happy State Bank 4402 19th Street Lubbock, TX 79407 Full Service B&M $49,776
    Happy State Bank 4411 98th Street Lubbock, TX 79424 Full Service B&M $100,549
    Happy State Bank 500 Main Street Silverton, TX 79257 Full Service B&M $35,375
    Happy State Bank 500 Tascosa Road Amarillo, TX 79124 Full Service B&M $58,156
    Happy State Bank 5050 South Western Street Amarillo, TX 79109 Full Service Retail $36,059
    Happy State Bank 5100 S. Coulter Amarillo, TX 79109 Full Service B&M $58,586
    Happy State Bank 612 Main Street Olton, TX 79064 Full Service B&M $23,642
    Happy State Bank 700 Central Expressway S., Suite 120 Allen, TX 75013 Full Service B&M $39,176
    Happy State Bank 701 S. Taylor Amarillo, TX 79101 Full Service B&M $682,888
    Happy State Bank 711 North Main Street Shamrock, TX 79079 Full Service B&M $42,576
    Happy State Bank 800 S. Dumas Avenue Dumas, TX 79029 Full Service B&M $129,856
    Happy State Bank One Village Drive, Suite 100 Abilene, TX 79606 Full Service B&M $38,543
    Happy State Bank Third And Euclid Streets Panhandle, TX 79068 Full Service B&M $82,941

    For 2018, Happy State Bank had 34 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $150,924
    Net interest income $128,428
    Total noninterest income $31,840
    Gross Fiduciary activities income $9,331
    Service charges on deposit accounts $9,539
    Trading account gains and fees $0
    Additional Noninterest Income $12,970
    Pre-tax net operating income $43,361
    Securities gains (or losses, -) $72
    Income before extraordinary items $38,270
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $38,270
    Minority interest net income $0
    Net income $38,270
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $38,206

    Happy State Bank's gross interest income from loans was $150,924,000.
    Happy State Bank's net interest income from loans was $128,428,000.
    Happy State Bank's fee based income from loans was $9,539,000.
    Happy State Bank's net income from loans was $38,270,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $22,496
    Provision for credit losses $6,300
    Total noninterest expense $110,607
    Salaries and employee benefits $63,783
    Premises and equipment expense $10,931
    Additional noninterest expense $35,893
    Applicable income taxes $5,163
    Net charge-offs $2,737
    Cash dividends $4,259

    Happy State Bank's interest expense for loans was $22,496,000.
    Happy State Bank's payroll and benefits expense were $63,783,000.
    Happy State Bank's property, plant and equipment expenses $10,931,000.

    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 3.0%
    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 $2,863,394
    Deposits held in domestic offices $2,863,394
    Deposits by Individuals, partnerships, and corporations $2,712,024
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $149,174
    Deposits by Commercial banks and other depository institutions in U.S. $2,197
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $146,468
    Demand deposits $146,468
    Nontransaction accounts $2,716,927
    Money market deposit accounts (MMDAs) $312,835
    Other savings deposits (excluding MMDAs) $2,136,360
    Total time deposits $267,732
    Total time and savings deposits $2,716,927
    Noninterest-bearing deposits $808,325
    Interest-bearing deposits $2,055,069
    Retail deposits $2,399,324
    IRAs and Keogh plan accounts $20,735
    Brokered deposits $410,156
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $3,444,514
    Cash & Balances due from depository institutions $181,223
    Interest-bearing balances $95,805
    Total securities $541,243
    Federal funds sold & reverse repurchase $0
    Net loans and leases $2,397,506
    Loan and leases loss allowance $32,980
    Trading account assets $0
    Bank premises and fixed assets $106,950
    Other real estate owned $2,728
    Goodwill and other intangibles $52,285
    All other assets $162,579

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $3,444,514
    Total Liabilities $2,938,459
    Total deposits $2,863,394
    Interest-bearing deposits $2,055,069
    Deposits held in domestic offices $2,863,394
    % insured (estimated) $60
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $55,853
    Subordinated debt $0
    All other liabilities $19,212

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $2,397,506
    Loan and leases loss allowance $32,980
    Total loans and leases (domestic) $2,430,486
    All real estate loans $1,683,537
    Real estate loans in domestic offices $1,683,537
    Construction and development loans $276,655
    Residential 1-4 family construction $77,885
    Other construction, all land development and other land $198,770
    Loans secured by nonfarm nonresidential properties $731,417
    Nonfarm nonresidential secured by owner-occupied properties $266,164
    Commercial real estate & other non-farm, non-residential $465,253
    Multifamily residential real estate $153,052
    1-4 family residential loans $377,506
    Farmland loans $144,907
    Loans held in foreign offices $0
    Farm loans $256,563
    Commercial and industrial loans $434,768
    To non-U.S. addressees $0
    Loans to individuals $31,405
    Credit card loans $0
    Related Plans $1,414
    Consumer Auto Loans $15,896
    Other loans to individuals $14,095
    All other loans & leases $24,212
    Loans to foreign governments and official institutions $0
    Other loans $1,504
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $1,767
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $24
    Non 1-4 family restructured loans & leases $24
    Total loans and leases (foreign) $0

    Happy State Bank had $2,397,506,000 of loans outstanding in 2018. $1,683,537,000 of loans were in real estate loans. $276,655,000 of loans were in development loans. $153,052,000 of loans were in multifamily mortgage loans. $377,506,000 of loans were in 1-4 family mortgage loans. $256,563,000 of loans were in farm loans. $0 of loans were in credit card loans. $15,896,000 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 782 $169,044 $216,169
    Nonfarm, nonresidential loans - <$100k 215 $9,530 $44,326
    Nonfarm, nonresidential loans - $100-250k 263 $35,069 $133,342
    Nonfarm, nonresidential loans - $250k-1MM 304 $124,445 $409,359
    Commercial & Industrial, US addressed loans - <$1MM 2,788 $197,711 $70,915
    Commercial & Industrial, US addressed loans - <$100k 1,958 $45,828 $23,406
    Commercial & Industrial, US addressed loans - $100-250k 488 $48,712 $99,820
    Commercial & Industrial, US addressed loans - $250k-1MM 342 $103,171 $301,670
    Farmland loans - <$1MM 212 $28,346 $133,708
    Farmland loans - <$100k 81 $3,151 $38,901
    Farmland loans - $100-250k 77 $10,226 $132,805
    Farmland loans - $250k-1MM 54 $14,969 $277,204
    Agriculture operations loans - <$1MM 892 $56,207 $63,012
    Agriculture operations loans - <$100k 579 $14,285 $24,672
    Agriculture operations loans - $100-250k 207 $19,628 $94,821
    Agriculture operations loans - $250k-1MM 106 $22,294 $210,321