South Central Bank Mortgage Rates, Fees & Info
GLASGOW, KYLEI: 549300LPT41QBMAC7948
Tax ID: 61-0126170
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Review & Overview
South Central Bank is a smaller bank specializing in Home Purchase and Refi loans. South Central 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: Elizabethtown, Bowling Green, Louisville, Glasgow, and Owensboro among others. We have data for 69 markets. (Some data included below & more in-depth data is available with an active subscription.)South Central 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. South Central 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 8.03% | 11/21/24 |
| 30 Year Conventional Purchase | 6.63% | 11/21/24 |
| 30 Year Conventional Refi | 6.56% | 11/21/24 |
| 30 Year Cash-out Refi | 6.87% | 11/21/24 |
| 30 Year FHA Purchase | 7.38% | 11/21/24 |
| 30 Year FHA Refi | 7.54% | 11/21/24 |
| 30 Year VA Purchase | 6.32% | 11/21/24 |
| 30 Year VA Refi | 6.26% | 11/21/24 |
| 30 Year USDA Purchase | 6.84% | 11/21/24 |
| 15 Year Conventional Purchase | 6.51% | 11/21/24 |
| 15 Year Conventional Refi | 6.12% | 11/21/24 |
| 15 Year Cash-out Refi | 6.12% | 11/21/24 |
| 15 Year VA Purchase | 5.68% | 11/21/24 |
| 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. | ||
South Central Bank Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
2,478Origination Dollar Volume (All Markets)
$457,500,000Employee count
274Awards
SOUTH CENTRAL BANK - 2021
SOUTH CENTRAL BANK is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 476 | $96,130,000 | $201,954 | $3,496 | 2.92% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 557 | $86,705,000 | $155,664 | $2,676 | 3.25% |
| LOUISVILLE, KY (FHA|USDA|VA) | 223 | $64,405,000 | $288,812 | $3,015 | 3.08% |
| Outside of Metro Areas | 346 | $46,520,000 | $134,451 | $2,881 | 3.38% |
| Glasgow, KY (FHA|USDA|VA) | 324 | $40,640,000 | $125,432 | $2,452 | 3.42% |
| OWENSBORO, KY (FHA|USDA|VA) | 181 | $32,625,000 | $180,249 | $2,942 | 3.30% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 118 | $27,000,000 | $228,814 | $3,102 | 3.21% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 48 | $12,340,000 | $257,083 | $3,420 | 3.25% |
| Bardstown, KY (FHA|USDA|VA) | 27 | $5,125,000 | $189,815 | $3,281 | 3.03% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 23 | $4,685,000 | $203,696 | $2,885 | 2.90% |
| Somerset, KY (FHA|USDA|VA) | 31 | $4,425,000 | $142,742 | $3,275 | 3.98% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 8 | $4,020,000 | $502,500 | $3,823 | 3.76% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $3,220,000 | $1,610,000 | $4,230 | 3.06% |
| Sevierville, TN (FHA|USDA|VA) | 4 | $3,030,000 | $757,500 | $4,469 | 3.47% |
| Richmond-Berea, KY (FHA|USDA|VA) | 10 | $2,470,000 | $247,000 | $3,159 | 3.09% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $2,330,000 | $1,165,000 | $3,977 | 3.44% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 7 | $1,805,000 | $257,857 | $3,002 | 3.13% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 7 | $1,235,000 | $176,429 | $2,499 | 3.18% |
| Frankfort, KY (FHA|USDA|VA) | 7 | $1,145,000 | $163,571 | $4,009 | 3.34% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $1,120,000 | $560,000 | $3,939 | 2.94% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $940,000 | $470,000 | $5,114 | 2.63% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $855,000 | $855,000 | $0 | 4.00% |
| Campbellsville, KY (FHA|USDA|VA) | 8 | $840,000 | $105,000 | $2,857 | 3.27% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $2,916 | 2.56% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $2,990 | 3.21% |
| MERCED, CA (FHA|USDA|VA) | 3 | $765,000 | $255,000 | $0 | 2.75% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $0 | 3.45% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $2,801 | 2.56% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $0 | 3.95% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $2,752 | 2.31% |
| Cullman, AL (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $3,620 | 3.25% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $3,233 | 3.13% |
| Central City, KY (FHA|USDA|VA) | 4 | $430,000 | $107,500 | $3,084 | 3.19% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $3,120 | 2.50% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 4.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 3.49% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $2,478 | 2.94% |
| ROME, GA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,330 | 1.88% |
| Key West, FL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $4,212 | 3.13% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,404 | 2.13% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $3,490 | 3.06% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,905 | 3.38% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 3.75% |
| Danville, KY (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $2,359 | 3.50% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,305 | 2.75% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $7,052 | 2.88% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $2,296 | 2.56% |
| Shelbyville, TN (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 4.25% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,406 | 2.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,463 | 3.00% |
| Mount Sterling, KY (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,599 | 2.63% |
| COLUMBUS, IN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,102 | 2.75% |
| FORT WAYNE, IN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $5,423 | 2.75% |
| London, KY (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $2,576 | 2.94% |
| Crossville, TN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,629 | 2.88% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,616 | 3.13% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,436 | 2.13% |
| Mayfield, KY (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $1,943 | 2.63% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $1,831 | 2.63% |
| LAWTON, OK (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,570 | 3.63% |
| Effingham, IL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 4.75% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,564 | 2.88% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 4.25% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,303 | 2.13% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,501 | 3.38% |
| Murray, KY (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,971 | 3.25% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 4.00% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,383 | 2.25% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 4.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against SOUTH CENTRAL BANK based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2021, South Central Bank's most frequently originated type of loan was Conventional, with 1,700 originations. Their 2nd most popular type was HELOC, with 452 originations.
Loan Reason
For 2021, South Central Bank's most frequently cited loan purpose was Home Purchase, with 882 originations. The 2nd most popular reason was Refi, with 869 originations.
Loan Duration/Length
For 2021, South Central Bank's most frequently cited loan duration was 30 Year, with 1,158 originations. The 2nd most popular length was 10 Year, with 418 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 1,570 | $305,600,000 | $194,650 |
| $1k-2k | 92 | $21,790,000 | $236,848 |
| $2k-3k | 11 | $3,315,000 | $301,364 |
| $3k-4k | 4 | $1,690,000 | $422,500 |
South Central Bank's average total fees were $3,251, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,570 originations.
Interest Rates
During 2021, South Central Bank's average interest rate for loans was 2.93%, while their most frequently originated rate bucket for loans was 3-4%, with 992 originations.
Loan Sizing
2021 saw South Central Bank place emphasis on $100k-200k loans with 959 originations, totaling $139,425,000 in origination value.
Applicant Income
South Central Bank lent most frequently to those with incomes in the $50k or less range, with 566 originations. The second most popular income band? $50k-75k, with 565 originations.
Applicant Debt to Income Ratio
South Central Bank lent most frequently to those with DTI ratios of 20-30%, with 591 originations. The next most common DTI ratio? 30-36%, with 383 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.54%
South Central Bank has an average approval rate.
Pick Rate
Approvals leading to origination81.80%
South Central Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 2,478 | $457,500,000 | $184,625 |
LTV Distribution
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| South Central Bank, Inc. | 1000 North Dixie Avenue Elizabethtown, KY 42702 | Full Service B&M | $146,602 |
| South Central Bank, Inc. | 1375 Carter Road Owensboro, KY 42301 | Full Service B&M | $29,139 |
| South Central Bank, Inc. | 165 Beaver Trail South Glasgow, KY 42141 | Full Service B&M | $11,991 |
| South Central Bank, Inc. | 1748 Edmonton Road Tompkinsville, KY 42167 | Full Service B&M | $14,449 |
| South Central Bank, Inc. | 1757 Campbell Lane Bowling Green, KY 42104 | Full Service B&M | $115,779 |
| South Central Bank, Inc. | 2 Main Street Fountain Run, KY 42133 | Full Service B&M | $12,788 |
| South Central Bank, Inc. | 2000 Warrington Way, Ste 200 Louisville, KY 40222 | Full Service B&M | $52,673 |
| South Central Bank, Inc. | 204 South Main Street Franklin, KY 42134 | Full Service B&M | $32,050 |
| South Central Bank, Inc. | 208 South Broadway Glasgow, KY 42141 | Full Service B&M | $266,194 |
| South Central Bank, Inc. | 2710 Nashville Road Bowling Green, KY 42101 | Full Service B&M | $5,179 |
| South Central Bank, Inc. | 2715 Frederica Street Owensboro, KY 42301 | Full Service B&M | $45,824 |
| South Central Bank, Inc. | 2908 Ring Road Elizabethtown, KY 42702 | Full Service B&M | $70,905 |
| South Central Bank, Inc. | 300 Southtown Boulevard Owensboro, KY 42303 | Full Service B&M | $57,911 |
| South Central Bank, Inc. | 3010 Highway 54 Owensboro, KY 42303 | Full Service B&M | $59,979 |
| South Central Bank, Inc. | 3505 Louisville Road Bowling Green, KY 42101 | Full Service B&M | $32,483 |
| South Central Bank, Inc. | 386 Waller Avenue Lexington, KY 40504 | Full Service B&M | $98,511 |
| South Central Bank, Inc. | 414 East Main St Scottsville, KY 42164 | Full Service B&M | $29,500 |
| South Central Bank, Inc. | 501 S L Rogers Wells Blvd Glasgow, KY 42141 | Full Service Cyber Office | $3,875 |
| South Central Bank, Inc. | 518 North Dixie Highway Cave City, KY 42127 | Full Service B&M | $25,665 |
| South Central Bank, Inc. | 5251 Scottsville Road Bowling Green, KY 42104 | Full Service B&M | $37,589 |
| South Central Bank, Inc. | 615 Happy Valley Road Glasgow, KY 42141 | Full Service B&M | $27,708 |
| South Central Bank, Inc. | 704 W. Stockton Edmonton, KY 42129 | Full Service B&M | $17,774 |
| South Central Bank, Inc. | 805 Lehman Avenue Bowling Green, KY 42103 | Full Service B&M | $60,407 |
| South Central Bank, Inc. | Fourth And Main Street Tompkinsville, KY 42167 | Full Service B&M | $83,936 |
| South Central Bank, Inc. | Gorin And Second Streets Park City, KY 42160 | Full Service B&M | $11,625 |
For 2021, South Central Bank had 25 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $55,761 |
| Net interest income | $50,487 |
| Total noninterest income | $19,443 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $2,056 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $17,387 |
| Pre-tax net operating income | $30,323 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $23,020 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $23,020 |
| Minority interest net income | $0 |
| Net income | $23,020 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $23,020 |
South Central Bank's gross interest income from loans was $55,761,000.
South Central Bank's net interest income from loans was $50,487,000.
South Central Bank's fee based income from loans was $2,056,000.
South Central Bank's net income from loans was $23,020,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $5,274 |
| Provision for credit losses | $721 |
| Total noninterest expense | $38,886 |
| Salaries and employee benefits | $21,334 |
| Premises and equipment expense | $4,317 |
| Additional noninterest expense | $13,235 |
| Applicable income taxes | $7,303 |
| Net charge-offs | $128 |
| Cash dividends | $9,000 |
South Central Bank's interest expense for loans was $5,274,000.
South Central Bank's payroll and benefits expense were $21,334,000.
South Central Bank's property, plant and equipment expenses $4,317,000.
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 | 1.0% |
| 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 | $1,386,016 |
| Deposits held in domestic offices | $1,386,016 |
| Deposits by Individuals, partnerships, and corporations | $1,231,202 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $154,814 |
| 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 | $183,638 |
| Demand deposits | $55,159 |
| Nontransaction accounts | $1,202,378 |
| Money market deposit accounts (MMDAs) | $117,151 |
| Other savings deposits (excluding MMDAs) | $854,014 |
| Total time deposits | $231,213 |
| Total time and savings deposits | $1,330,857 |
| Noninterest-bearing deposits | $376,719 |
| Interest-bearing deposits | $1,009,297 |
| Retail deposits | $1,340,877 |
| IRAs and Keogh plan accounts | $40,941 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $1,591,396 |
| Cash & Balances due from depository institutions | $91,175 |
| Interest-bearing balances | $71,380 |
| Total securities | $360,521 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $1,097,698 |
| Loan and leases loss allowance | $11,644 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $16,678 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $8,545 |
| All other assets | $16,779 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $1,591,396 |
| Total Liabilities | $1,436,297 |
| Total deposits | $1,386,016 |
| Interest-bearing deposits | $1,009,297 |
| Deposits held in domestic offices | $1,386,016 |
| % insured (estimated) | $71 |
| Federal funds purchased and repurchase agreements | $27,944 |
| Trading liabilities | $0 |
| Other borrowed funds | $12,000 |
| Subordinated debt | $0 |
| All other liabilities | $10,337 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $1,097,698 |
| Loan and leases loss allowance | $11,644 |
| Total loans and leases (domestic) | $1,109,342 |
| All real estate loans | $960,293 |
| Real estate loans in domestic offices | $960,293 |
| Construction and development loans | $164,550 |
| Residential 1-4 family construction | $35,846 |
| Other construction, all land development and other land | $128,704 |
| Loans secured by nonfarm nonresidential properties | $369,534 |
| Nonfarm nonresidential secured by owner-occupied properties | $155,440 |
| Commercial real estate & other non-farm, non-residential | $214,094 |
| Multifamily residential real estate | $55,438 |
| 1-4 family residential loans | $266,059 |
| Farmland loans | $104,712 |
| Loans held in foreign offices | $0 |
| Farm loans | $28,085 |
| Commercial and industrial loans | $100,001 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $19,217 |
| Credit card loans | $0 |
| Related Plans | $136 |
| Consumer Auto Loans | $11,773 |
| Other loans to individuals | $7,308 |
| All other loans & leases | $1,746 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $272 |
| 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 | $1,794 |
| Non 1-4 family restructured loans & leases | $468 |
| Total loans and leases (foreign) | $0 |
SOUTH CENTRAL BANK had $1,097,698,000 of loans outstanding in 2021. $960,293,000 of loans were in real estate loans. $164,550,000 of loans were in development loans. $55,438,000 of loans were in multifamily mortgage loans. $266,059,000 of loans were in 1-4 family mortgage loans. $28,085,000 of loans were in farm loans. $0 of loans were in credit card loans. $11,773,000 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 | 616 | $139,413 | $226,320 |
| Nonfarm, nonresidential loans - <$100k | 241 | $11,679 | $48,461 |
| Nonfarm, nonresidential loans - $100-250k | 181 | $30,636 | $169,260 |
| Nonfarm, nonresidential loans - $250k-1MM | 194 | $97,098 | $500,505 |
| Commercial & Industrial, US addressed loans - <$1MM | 995 | $70,254 | $70,607 |
| Commercial & Industrial, US addressed loans - <$100k | 828 | $22,486 | $27,157 |
| Commercial & Industrial, US addressed loans - $100-250k | 106 | $17,603 | $166,066 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 61 | $30,165 | $494,508 |
| Farmland loans - <$1MM | 782 | $75,576 | $96,645 |
| Farmland loans - <$100k | 512 | $21,931 | $42,834 |
| Farmland loans - $100-250k | 206 | $31,968 | $155,184 |
| Farmland loans - $250k-1MM | 64 | $21,677 | $338,703 |
| Agriculture operations loans - <$1MM | 583 | $12,291 | $21,082 |
| Agriculture operations loans - <$100k | 569 | $10,233 | $17,984 |
| Agriculture operations loans - $100-250k | 14 | $2,058 | $147,000 |