Midwest Bankcentre Mortgage Rates, Fees & Info
Saint Louis, MOLEI: 549300OR2C7AGDZFTS24
Tax ID: 43-0368910
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Review & Overview
Midwest Bankcentre is a smaller bank specializing in Refi, Home Purchase, and Cash Out Refi loans. Midwest Bankcentre 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: St. Louis, Washington, Kansas City, Edwards, and Tampa among others. We have data for 70 markets. (Some data included below & more in-depth data is available with an active subscription.)Midwest Bankcentre has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Midwest Bankcentre 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 |
|---|---|---|
| 30 Year Conventional Purchase | 6.55% | 4/14/24 |
| 30 Year Conventional Refi | 6.23% | 4/14/24 |
| 30 Year Cash-out Refi | 6.21% | 4/14/24 |
| 30 Year FHA Purchase | 7.02% | 4/14/24 |
| 30 Year FHA Refi | 6.63% | 4/14/24 |
| 30 Year VA Purchase | 6.18% | 4/14/24 |
| 15 Year Conventional Purchase | 5.94% | 4/14/24 |
| 15 Year Conventional Refi | 5.78% | 4/14/24 |
| 15 Year Cash-out Refi | 5.78% | 4/14/24 |
| 15 Year FHA Refi | 5.68% | 4/14/24 |
| 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 Bankcentre Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,414Origination Dollar Volume (All Markets)
$403,540,000Employee count
267Awards
Midwest BankCentre - 2020
Midwest BankCentre is a 2020 , due to their low .
For 2020, 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 |
|---|---|---|---|---|---|
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1,217 | $329,385,000 | $270,653 | $2,150 | 2.98% |
| Outside of Metro Areas | 43 | $14,445,000 | $335,930 | $2,318 | 2.95% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 7 | $4,165,000 | $595,000 | $3,407 | 2.98% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 18 | $4,080,000 | $226,667 | $2,056 | 2.92% |
| Edwards, CO (FHA|USDA|VA) | 3 | $3,885,000 | $1,295,000 | $4,737 | 3.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 9 | $3,035,000 | $337,222 | $3,070 | 2.78% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 4 | $2,790,000 | $697,500 | $4,247 | 2.81% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 6 | $2,750,000 | $458,333 | $4,644 | 2.60% |
| Key West, FL (FHA|USDA|VA) | 1 | $2,165,000 | $2,165,000 | $13,426 | 3.00% |
| Jackson, WY-ID (FHA|USDA|VA) | 1 | $1,875,000 | $1,875,000 | $0 | 4.25% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 7 | $1,835,000 | $262,143 | $1,798 | 2.39% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 4 | $1,760,000 | $440,000 | $3,957 | 3.25% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 3 | $1,735,000 | $578,333 | $2,875 | 2.83% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 4 | $1,610,000 | $402,500 | $4,352 | 2.84% |
| Sedalia, MO (FHA|USDA|VA) | 7 | $1,605,000 | $229,286 | $0 | 3.99% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 4 | $1,430,000 | $357,500 | $3,291 | 2.28% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 3 | $1,165,000 | $388,333 | $3,753 | 2.67% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $1,135,000 | $1,135,000 | $6,507 | 3.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 3 | $1,045,000 | $348,333 | $2,697 | 2.92% |
| LAFAYETTE, LA (FHA|USDA|VA) | 1 | $965,000 | $965,000 | $6,201 | 3.00% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $910,000 | $455,000 | $3,110 | 3.00% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 3 | $865,000 | $288,333 | $1,758 | 2.88% |
| COLUMBIA, MO (FHA|USDA|VA) | 4 | $830,000 | $207,500 | $1,582 | 2.81% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $4,128 | 2.63% |
| TULSA, OK (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $4,185 | 3.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $6,524 | 3.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $5,821 | 2.69% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $3,036 | 3.63% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $3,302 | 3.06% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $2,334 | 2.75% |
| COLUMBUS, OH (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $3,311 | 2.75% |
| CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $1,821 | 3.17% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $4,810 | 2.50% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $3,460 | 2.63% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $3,569 | 2.38% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $6,132 | 2.50% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $3,229 | 3.25% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $1,842 | 2.50% |
| PITTSFIELD, MA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $2,208 | 3.63% |
| BEND, OR (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $4,224 | 3.25% |
| Farmington, MO (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $2,225 | 3.58% |
| Holland, MI (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $2,818 | 2.25% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $2,675 | 3.25% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $2,853 | 2.75% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $1,515 | 2.63% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $2,477 | 3.63% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $2,875 | 2.88% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 2.25% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $2,588 | 2.38% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,727 | 3.00% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,484 | 2.25% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $9,449 | 2.25% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,566 | 2.50% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,133 | 2.50% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $1,766 | 2.25% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 2.99% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,944 | 2.88% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $8,912 | 2.25% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,089 | 2.00% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $1,870 | 3.38% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,177 | 2.75% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,195 | 2.25% |
| Tupelo, MS (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,457 | 2.75% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,842 | 3.13% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,273 | 2.63% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,193 | 3.13% |
| West Plains, MO (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $1,820 | 2.25% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $1,782 | 2.50% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,920 | 1.88% |
| Ludington, MI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $1,742 | 2.25% |
Similar Lenders
We use machine learning to identify the top lenders compared against Midwest BankCentre 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 2020, Midwest Bankcentre's most frequently originated type of loan was Conventional, with 1,320 originations. Their 2nd most popular type was VA, with 55 originations.
Loan Reason
For 2020, Midwest Bankcentre's most frequently cited loan purpose was Refi, with 719 originations. The 2nd most popular reason was Home Purchase, with 413 originations.
Loan Duration/Length
For 2020, Midwest Bankcentre's most frequently cited loan duration was 30 Year, with 927 originations. The 2nd most popular length was 15 Year, with 264 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 1,236 | $337,680,000 | $273,204 |
| $1k-2k | 11 | $3,225,000 | $293,182 |
| $2k-3k | 2 | $560,000 | $280,000 |
| $4k-5k | 1 | $395,000 | $395,000 |
Midwest Bankcentre's average total fees were $2,494, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,236 originations.
Interest Rates
During 2020, Midwest Bankcentre's average interest rate for loans was 2.93%, while their most frequently originated rate bucket for loans was 2.5-3%, with 530 originations.
Loan Sizing
2020 saw Midwest Bankcentre place emphasis on $200k-400k loans with 567 originations, totaling $156,485,000 in origination value.
Applicant Income
Midwest Bankcentre lent most frequently to those with incomes in the $50k or less range, with 255 originations. The second most popular income band? $100k-150k, with 243 originations.
Applicant Debt to Income Ratio
Midwest Bankcentre lent most frequently to those with DTI ratios of 20-30%, with 374 originations. The next most common DTI ratio? <20%, with 223 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.26%
Midwest Bankcentre has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination92.01%
Midwest Bankcentre has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,414 | $403,540,000 | $285,389 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 29 | $35,635,000 | $1,228,793 |
| Single Family (1-4 Units):Site-Built | 1,385 | $367,905,000 | $265,635 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Midwest Loan Services, Inc. | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 2 | 33.3% |
| Midwest Loan Services, Inc. | Conventional home mortgage | Incorrect information on your report | 1 | 16.7% |
| Midwest Loan Services, Inc. | Conventional home mortgage | Struggling to pay mortgage | 1 | 16.7% |
| Midwest Loan Services, Inc. | Conventional home mortgage | Trouble during payment process | 2 | 33.3% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Midwest Bankcentre | 1007 Bowles Avenue Fenton, MO 63026 | Full Service B&M | $55,606 |
| Midwest Bankcentre | 1030 Main Street Imperial, MO 63052 | Full Service B&M | $42,846 |
| Midwest Bankcentre | 1820 1st Capitol Drive S Saint Charles, MO 63303 | Full Service B&M | $48,276 |
| Midwest Bankcentre | 1950 Richardson Road Arnold, MO 63010 | Full Service B&M | $123,733 |
| Midwest Bankcentre | 2101 Rock Road De Soto, MO 63020 | Full Service B&M | $40,394 |
| Midwest Bankcentre | 2191 Lemay Ferry Road Lemay, MO 63125 | Full Service B&M | $611,551 |
| Midwest Bankcentre | 2191 Lemay Ferry Road Saint Louis, MO 63125 | Full Service Cyber Office | $162,297 |
| Midwest Bankcentre | 2299 Technology Drive O Fallon, MO 63368 | Full Service B&M | $74,063 |
| Midwest Bankcentre | 300 South Truman Boulevard Crystal City, MO 63019 | Full Service B&M | $39,900 |
| Midwest Bankcentre | 3529 North Broadway Saint Louis, MO 63147 | Full Service B&M | $50,000 |
| Midwest Bankcentre | 4914 Gravois St. Louis, MO 63116 | Full Service B&M | $64,913 |
| Midwest Bankcentre | 500 Chesterfield Center, Suite 100 Chesterfield, MO 63017 | Full Service B&M | $55,845 |
| Midwest Bankcentre | 5501 Dr. Martin Luther King Drive Saint Louis, MO 63112 | Full Service B&M | $23,006 |
| Midwest Bankcentre | 5515 South Grand Avenue Saint Louis, MO 63111 | Full Service B&M | $117,262 |
| Midwest Bankcentre | 5575 Telegraph Road Saint Louis, MO 63129 | Full Service B&M | $171,527 |
| Midwest Bankcentre | 6810 Page Avenue Saint Louis, MO 63133 | Full Service B&M | $19,504 |
| Midwest Bankcentre | 700 James S Mcdonnell Boulevard Hazelwood, MO 63042 | Full Service B&M | $17,258 |
| Midwest Bankcentre | 8020 Forsyth Clayton, MO 63105 | Full Service B&M | $94,223 |
For 2020, Midwest Bankcentre had 18 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $76,041 |
| Net interest income | $60,914 |
| Total noninterest income | $12,494 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $2,387 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $10,107 |
| Pre-tax net operating income | $16,007 |
| Securities gains (or losses, -) | $1,194 |
| Income before extraordinary items | $15,721 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $15,721 |
| Minority interest net income | $0 |
| Net income | $15,721 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $14,634 |
Midwest Bankcentre's gross interest income from loans was $76,041,000.
Midwest Bankcentre's net interest income from loans was $60,914,000.
Midwest Bankcentre's fee based income from loans was $2,387,000.
Midwest Bankcentre's net income from loans was $15,721,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $15,127 |
| Provision for credit losses | $4,850 |
| Total noninterest expense | $52,551 |
| Salaries and employee benefits | $30,055 |
| Premises and equipment expense | $5,312 |
| Additional noninterest expense | $17,184 |
| Applicable income taxes | $1,480 |
| Net charge-offs | $628 |
| Cash dividends | $6,500 |
Midwest Bankcentre's interest expense for loans was $15,127,000.
Midwest Bankcentre's payroll and benefits expense were $30,055,000.
Midwest Bankcentre's property, plant and equipment expenses $5,312,000.
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 | 1.0% |
| 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 | $1,731,037 |
| Deposits held in domestic offices | $1,731,037 |
| Deposits by Individuals, partnerships, and corporations | $1,599,138 |
| Deposits by U.S. Government | $770 |
| Deposits by States and political subdivisions in the U.S. | $106,431 |
| Deposits by Commercial banks and other depository institutions in U.S. | $24,698 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $181,700 |
| Demand deposits | $107,365 |
| Nontransaction accounts | $1,549,337 |
| Money market deposit accounts (MMDAs) | $886,059 |
| Other savings deposits (excluding MMDAs) | $272,120 |
| Total time deposits | $391,158 |
| Total time and savings deposits | $1,623,672 |
| Noninterest-bearing deposits | $106,196 |
| Interest-bearing deposits | $1,624,841 |
| Retail deposits | $1,620,673 |
| IRAs and Keogh plan accounts | $47,052 |
| Brokered deposits | $4,748 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $2,273,804 |
| Cash & Balances due from depository institutions | $25,809 |
| Interest-bearing balances | $7,985 |
| Total securities | $289,784 |
| Federal funds sold & reverse repurchase | $9 |
| Net loans and leases | $1,804,003 |
| Loan and leases loss allowance | $19,759 |
| Trading account assets | $2,552 |
| Bank premises and fixed assets | $17,636 |
| Other real estate owned | $1,020 |
| Goodwill and other intangibles | $18,680 |
| All other assets | $114,311 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $2,273,804 |
| Total Liabilities | $2,055,529 |
| Total deposits | $1,731,037 |
| Interest-bearing deposits | $1,624,841 |
| Deposits held in domestic offices | $1,731,037 |
| % insured (estimated) | $91 |
| Federal funds purchased and repurchase agreements | $115,173 |
| Trading liabilities | $2,552 |
| Other borrowed funds | $190,000 |
| Subordinated debt | $0 |
| All other liabilities | $16,767 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $1,804,003 |
| Loan and leases loss allowance | $19,759 |
| Total loans and leases (domestic) | $1,823,762 |
| All real estate loans | $1,226,831 |
| Real estate loans in domestic offices | $1,226,831 |
| Construction and development loans | $109,128 |
| Residential 1-4 family construction | $55,103 |
| Other construction, all land development and other land | $54,025 |
| Loans secured by nonfarm nonresidential properties | $617,586 |
| Nonfarm nonresidential secured by owner-occupied properties | $241,739 |
| Commercial real estate & other non-farm, non-residential | $375,847 |
| Multifamily residential real estate | $101,888 |
| 1-4 family residential loans | $398,229 |
| Farmland loans | $0 |
| Loans held in foreign offices | $0 |
| Farm loans | $0 |
| Commercial and industrial loans | $528,944 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $56,774 |
| Credit card loans | $1,351 |
| Related Plans | $0 |
| Consumer Auto Loans | $0 |
| Other loans to individuals | $55,423 |
| All other loans & leases | $11,213 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $676 |
| 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 | $259 |
| Non 1-4 family restructured loans & leases | $259 |
| Total loans and leases (foreign) | $0 |
Midwest BankCentre had $1,804,003,000 of loans outstanding in 2020. $1,226,831,000 of loans were in real estate loans. $109,128,000 of loans were in development loans. $101,888,000 of loans were in multifamily mortgage loans. $398,229,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $1,351,000 of loans were in credit card loans. $0 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 | 408 | $99,070 | $242,819 |
| Nonfarm, nonresidential loans - <$100k | 70 | $2,454 | $35,057 |
| Nonfarm, nonresidential loans - $100-250k | 111 | $11,327 | $102,045 |
| Nonfarm, nonresidential loans - $250k-1MM | 227 | $85,289 | $375,722 |
| Commercial & Industrial, US addressed loans - <$1MM | 1,939 | $171,701 | $88,551 |
| Commercial & Industrial, US addressed loans - <$100k | 1,314 | $37,502 | $28,540 |
| Commercial & Industrial, US addressed loans - $100-250k | 319 | $40,354 | $126,502 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 306 | $93,845 | $306,683 |