Baycoast Bank Mortgage Rates, Fees & Info

FALL RIVER, MA

LEI: 549300OTLWFQPOOSC346

Tax ID: 04-1178460

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Mortgage Data

Bank Data

Review & Overview

Baycoast Bank is a smaller bank specializing in Home Purchase and Refi loans. Baycoast Bank has a high proportion of conventional loans. Their top markets by origination volume include: Providence, Boston, Worcester, New York, and Salisbury among others. We have data for 59 markets. (Some data included below & more in-depth data is available with an active subscription.)

Baycoast 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. 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
Home Equity Line of Credit (HELOC) 4.29% 3/28/24
30 Year Conventional Purchase 6.27% 3/28/24
30 Year Conventional Refi 6.27% 3/28/24
30 Year Cash-out Refi 6.27% 3/28/24
15 Year Conventional Purchase 7.79% 3/28/24
15 Year Conventional Refi 7.12% 3/28/24
15 Year Cash-out Refi 7.12% 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.

Baycoast Bank Mortgage Calculator






Your Estimates

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

This is not an official calculator from Baycoast 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

599

Origination Dollar Volume (All Markets)

$141,235,000

Employee count

496

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
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 179 $98,585,000 $550,754 $17 4.72%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 91 $12,955,000 $142,363 $0 5.37%
WORCESTER, MA-CT (FHA|USDA|VA) 12 $12,560,000 $1,046,667 $0 5.11%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 35 $2,345,000 $67,000 $0 5.76%
SALISBURY, MD-DE (FHA|USDA|VA) 21 $1,685,000 $80,238 $0 5.43%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 14 $980,000 $70,000 $0 5.60%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 11 $915,000 $83,182 $0 5.73%
SPRINGFIELD, MA (FHA|USDA|VA) 20 $910,000 $45,500 $0 5.78%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 19 $875,000 $46,053 $0 5.97%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 13 $765,000 $58,846 $0 5.80%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 10 $680,000 $68,000 $0 5.76%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 12 $640,000 $53,333 $0 5.78%
Concord, NH (FHA|USDA|VA) 12 $580,000 $48,333 $0 6.05%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 13 $445,000 $34,231 $0 6.29%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 9 $405,000 $45,000 $0 6.14%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 8 $380,000 $47,500 $0 5.87%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 11 $355,000 $32,273 $0 6.27%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 7 $325,000 $46,429 $0 6.09%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 7 $325,000 $46,429 $0 5.37%
Laconia, NH (FHA|USDA|VA) 5 $325,000 $65,000 $0 6.15%
READING, PA (FHA|USDA|VA) 4 $320,000 $80,000 $0 5.88%
PITTSFIELD, MA (FHA|USDA|VA) 8 $300,000 $37,500 $0 5.94%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 5 $245,000 $49,000 $0 5.81%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $225,000 $225,000 $0 5.74%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 4 $210,000 $52,500 $0 5.84%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $210,000 $52,500 $0 6.66%
Keene, NH (FHA|USDA|VA) 5 $195,000 $39,000 $0 6.35%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 5 $175,000 $35,000 $0 6.24%
UTICA-ROME, NY (FHA|USDA|VA) 5 $175,000 $35,000 $0 6.26%
KINGSTON, NY (FHA|USDA|VA) 4 $160,000 $40,000 $0 6.26%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 4 $150,000 $37,500 $0 6.02%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $130,000 $65,000 $0 5.73%
BATTLE CREEK, MI (FHA|USDA|VA) 2 $120,000 $60,000 $0 4.91%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $115,000 $115,000 $0 5.95%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $100,000 $50,000 $0 5.97%
Adrian, MI (FHA|USDA|VA) 2 $90,000 $45,000 $0 6.03%
Lebanon, NH-VT (FHA|USDA|VA) 3 $85,000 $28,333 $0 6.34%
Holland, MI (FHA|USDA|VA) 1 $85,000 $85,000 $0 4.88%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 2 $80,000 $40,000 $0 5.51%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $80,000 $40,000 $0 6.08%
DOVER, DE (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.95%
Outside of Metro Areas 2 $70,000 $35,000 $0 6.33%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 2 $70,000 $35,000 $0 6.34%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $65,000 $65,000 $0 4.95%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $65,000 $65,000 $0 6.63%
THE VILLAGES, FL (FHA|USDA|VA) 1 $65,000 $65,000 $0 5.95%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $60,000 $30,000 $0 6.45%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.95%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.95%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 2 $50,000 $25,000 $0 5.45%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $50,000 $25,000 $0 6.39%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $45,000 $45,000 $0 6.20%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $45,000 $45,000 $0 6.20%
Hudson, NY (FHA|USDA|VA) 1 $35,000 $35,000 $0 6.45%
Cadillac, MI (FHA|USDA|VA) 1 $35,000 $35,000 $0 7.13%
Batavia, NY (FHA|USDA|VA) 1 $35,000 $35,000 $0 6.33%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.33%
Gloversville, NY (FHA|USDA|VA) 1 $25,000 $25,000 $0 5.38%
ROCHESTER, NY (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.24%
Baycoast Bank's top markets include Providence, Boston, Worcester, New York, and Salisbury among others.

Their top states include:
  • Massachusetts (FHA|USDA|VA)
  • Rhode Island (FHA|USDA|VA)
  • New Hampshire (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 599 $141,235,000 $235,785 $16 5.45%

    For 2020, Baycoast Bank's most frequently originated type of loan was Conventional, with 599 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 442 $83,130,000 $188,077 $0 5.68%
    Refi 60 $52,450,000 $874,167 $0 4.62%
    Cash Out Refi 38 $2,850,000 $75,000 $43 5.23%
    Home Improvement 34 $1,730,000 $50,882 $0 4.62%
    Other 25 $1,075,000 $43,000 $24 4.72%

    For 2020, Baycoast Bank's most frequently cited loan purpose was Home Purchase, with 442 originations. The 2nd most popular reason was Refi, with 60 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 275 $18,135,000 $65,945 $0 5.69%
    15 Year 140 $8,950,000 $63,929 $43 5.90%
    Other 125 $53,585,000 $428,680 $0 4.92%
    10 Year 33 $32,805,000 $994,091 $0 4.55%
    5 Year 17 $595,000 $35,000 $0 4.18%
    30 Year 8 $22,010,000 $2,751,250 $0 3.91%
    3 Year 1 $5,155,000 $5,155,000 $0 3.54%

    For 2020, Baycoast Bank's most frequently cited loan duration was 20 Year, with 275 originations. The 2nd most popular length was 15 Year, with 140 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 54 $2,960,000 $54,815

    Baycoast Bank's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 54 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 223 $16,565,000 $74,283
    4-5% 182 $42,720,000 $234,725
    6-7% 140 $5,590,000 $39,929
    3-4% 42 $66,050,000 $1,572,619
    7-8% 10 $320,000 $32,000
    2.5-3% 2 $9,990,000 $4,995,000

    During 2020, Baycoast Bank's average interest rate for loans was 3.91%, while their most frequently originated rate bucket for loans was 5-6%, with 223 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 448 $22,110,000 $49,353 $18 5.68%
    $100k-200k 63 $8,265,000 $131,190 $0 5.38%
    $200k-400k 36 $10,100,000 $280,556 $0 4.51%
    $1MM+ 28 $86,220,000 $3,079,286 $0 3.98%
    $400k-600k 13 $6,325,000 $486,538 $0 4.48%
    $600k-1MM 11 $8,215,000 $746,818 $0 4.26%

    2020 saw Baycoast Bank place emphasis on $100,000 or less loans with 448 originations, totaling $22,110,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 213 $10,995,000 $51,620 $0 5.80%
    $50k-75k 150 $9,390,000 $62,600 $0 5.74%
    $75k-100k 68 $6,120,000 $90,000 $0 5.59%
    $100k-150k 55 $3,105,000 $56,455 $22 5.26%
    $150k-250k 21 $1,505,000 $71,667 $30 4.77%
    $250k+ 6 $2,400,000 $400,000 $0 4.80%

    Baycoast Bank lent most frequently to those with incomes in the $50k or less range, with 213 originations. The second most popular income band? $50k-75k, with 150 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 124 $6,420,000 $51,774 $0 5.55%
    30-36% 106 $6,190,000 $58,396 $43 5.74%
    38% 33 $2,315,000 $70,152 $0 5.84%
    <20% 33 $1,875,000 $56,818 $0 5.65%
    41% 30 $1,600,000 $53,333 $0 5.36%
    42% 28 $1,820,000 $65,000 $0 5.68%
    43% 24 $1,610,000 $67,083 $0 5.85%
    44% 23 $1,325,000 $57,609 $0 5.85%
    37% 21 $1,335,000 $63,571 $0 5.51%
    39% 21 $1,415,000 $67,381 $425 5.84%
    36% 20 $1,200,000 $60,000 $0 6.04%
    45% 19 $1,145,000 $60,263 $0 5.37%
    40% 18 $1,120,000 $62,222 $0 5.68%
    50-60% 3 $305,000 $101,667 $0 5.00%
    48% 2 $50,000 $25,000 $0 5.48%
    47% 1 $155,000 $155,000 $0 4.95%
    >60% 1 $115,000 $115,000 $0 4.50%

    Baycoast Bank lent most frequently to those with DTI ratios of 20-30%, with 124 originations. The next most common DTI ratio? 30-36%, with 106 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 74 $90,620,000 $1,224,595 $0 4.27%
    White 471 $46,895,000 $99,565 $17 5.60%
    Not provided 37 $1,925,000 $52,027 $0 5.81%
    Black 9 $1,355,000 $150,556 $0 5.45%
    Asian 6 $320,000 $53,333 $0 5.49%
    American Indian 2 $120,000 $60,000 $0 5.95%

    Approval Rates

    Total approvals of all applications
    96.61%

    Baycoast 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
    87.81%

    Baycoast Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    1000.0 1 $45,000 $45,000
    1007.5 1 $55,000 $55,000
    1020.75 1 $45,000 $45,000
    1022.5 1 $25,000 $25,000
    1032.5 1 $35,000 $35,000
    1084.25 1 $65,000 $65,000
    159.0 1 $75,000 $75,000
    360.0 1 $65,000 $65,000
    610.25 1 $35,000 $35,000
    673.0 12 $690,000 $57,500
    676.0 1 $65,000 $65,000
    679.5 41 $1,935,000 $47,195
    681.25 5 $185,000 $37,000
    693.5 1 $135,000 $135,000
    696.0 1 $45,000 $45,000
    761.0 9 $555,000 $61,667
    767.5 10 $500,000 $50,000
    769.0 1 $35,000 $35,000
    769.25 1 $85,000 $85,000
    784.25 1 $55,000 $55,000
    800.75 1 $25,000 $25,000
    827.0 1 $85,000 $85,000
    833.5 2 $100,000 $50,000
    835.25 1 $35,000 $35,000
    887.0 1 $55,000 $55,000
    898.0 53 $3,745,000 $70,660
    901.5 4 $280,000 $70,000
    904.5 121 $7,575,000 $62,603
    906.0 7 $315,000 $45,000
    906.25 5 $245,000 $49,000
    921.25 1 $65,000 $65,000
    921.5 1 $35,000 $35,000
    931.0 1 $35,000 $35,000
    934.25 1 $45,000 $45,000
    969.5 1 $65,000 $65,000
    976.5 1 $55,000 $55,000
    977.75 1 $45,000 $45,000
    979.5 1 $25,000 $25,000
    986.0 42 $2,730,000 $65,000
    989.5 3 $275,000 $91,667
    992.5 92 $5,020,000 $54,565
    994.0 6 $300,000 $50,000
    994.25 4 $240,000 $60,000
    NA 156 $115,110,000 $737,885

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 64 $96,960,000 $1,515,000
    Single Family (1-4 Units):Manufactured 448 $26,490,000 $59,129
    Single Family (1-4 Units):Site-Built 87 $17,785,000 $204,425

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 35 $2,615,000 $74,714 $71 4.92%
    40-60% 73 $8,165,000 $111,849 $0 4.92%
    60-80% 235 $115,335,000 $490,787 $0 5.30%
    80-100% 207 $13,185,000 $63,696 $0 6.10%
    Under 20% 49 $1,935,000 $39,490 $9 4.58%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Baycoast Bank 1 Crandall Road Tiverton, RI 2878 Full Service B&M $76,226
    Baycoast Bank 1000 Ashley Boulevard New Bedford, MA 2745 Full Service B&M $128,233
    Baycoast Bank 110 Taunton Avenue Seekonk, MA 2771 Full Service B&M $70,364
    Baycoast Bank 1485 Pleasant Street Fall River, MA 2722 Full Service B&M $34,898
    Baycoast Bank 2 Locust Street Berkley, MA 2779 Full Service B&M $7,027
    Baycoast Bank 2 Meeting House Lane Little Compton, RI 2837 Full Service B&M $17,904
    Baycoast Bank 23 Elm Street New Bedford, MA 2740 Full Service B&M $151,699
    Baycoast Bank 299 State Road Dartmouth, MA 2747 Full Service B&M $58,655
    Baycoast Bank 310 Airport Road Fall River, MA 2721 Full Service B&M $48,112
    Baycoast Bank 330 Swansea Drive Swansea, MA 2777 Full Service B&M $0
    Baycoast Bank 330 Swansea Mall Drive Swansea, MA 2777 Full Service B&M $297,971
    Baycoast Bank 335 Stafford Road Fall River, MA 2721 Full Service B&M $94,650
    Baycoast Bank 438 Spring Street North Dighton, MA 2764 Full Service B&M $72,238
    Baycoast Bank 490 Robeson Street Fall River, MA 2720 Full Service B&M $148,055
    Baycoast Bank 554 Wilbur Avenue Swansea, MA 2777 Full Service B&M $72,095
    Baycoast Bank 714 Dartmouth Street Dartmouth, MA 2747 Full Service B&M $51,303
    Baycoast Bank 75 Alden Road Fairhaven, MA 2719 Full Service B&M $63,864
    Baycoast Bank 787 Main Road Westport, MA 2790 Full Service B&M $105,429
    Baycoast Bank 8 Foxborough Blvd Foxborough, MA 2035 Full Service B&M $2,924
    Baycoast Bank 81 Troy Street Fall River, MA 2721 Full Service B&M $92,148
    Baycoast Bank 85 Sockanosset Cross Road Cranston, RI 2920 Full Service B&M $27,673
    Baycoast Bank Route 6 And Brayton Point Road Somerset, MA 2725 Full Service B&M $110,264

    For 2020, Baycoast Bank had 22 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $73,130
    Net interest income $60,582
    Total noninterest income $59,594
    Gross Fiduciary activities income $4,796
    Service charges on deposit accounts $1,911
    Trading account gains and fees $0
    Additional Noninterest Income $52,887
    Pre-tax net operating income $22,347
    Securities gains (or losses, -) $7,093
    Income before extraordinary items $22,111
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $22,111
    Minority interest net income $143
    Net income $21,968
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $16,507

    Baycoast Bank's gross interest income from loans was $73,130,000.
    Baycoast Bank's net interest income from loans was $60,582,000.
    Baycoast Bank's fee based income from loans was $1,911,000.
    Baycoast Bank's net income from loans was $21,968,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $12,548
    Provision for credit losses $6,635
    Total noninterest expense $91,194
    Salaries and employee benefits $58,602
    Premises and equipment expense $10,961
    Additional noninterest expense $21,631
    Applicable income taxes $7,329
    Net charge-offs $241
    Cash dividends $9,200

    Baycoast Bank's interest expense for loans was $12,548,000.
    Baycoast Bank's payroll and benefits expense were $58,602,000.
    Baycoast Bank's property, plant and equipment expenses $10,961,000.

    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 $1,746,094
    Deposits held in domestic offices $1,746,094
    Deposits by Individuals, partnerships, and corporations $1,641,518
    Deposits by U.S. Government $63,970
    Deposits by States and political subdivisions in the U.S. $35,247
    Deposits by Commercial banks and other depository institutions in U.S. $5,360
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $690,823
    Demand deposits $375,756
    Nontransaction accounts $1,055,272
    Money market deposit accounts (MMDAs) $334,345
    Other savings deposits (excluding MMDAs) $308,615
    Total time deposits $412,312
    Total time and savings deposits $1,370,339
    Noninterest-bearing deposits $375,756
    Interest-bearing deposits $1,370,338
    Retail deposits $1,571,723
    IRAs and Keogh plan accounts $59,502
    Brokered deposits $61,745
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,116,330
    Cash & Balances due from depository institutions $39,091
    Interest-bearing balances $9,974
    Total securities $277,378
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,656,293
    Loan and leases loss allowance $17,640
    Trading account assets $0
    Bank premises and fixed assets $38,795
    Other real estate owned $0
    Goodwill and other intangibles $29,498
    All other assets $75,275

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,116,330
    Total Liabilities $1,942,079
    Total deposits $1,746,094
    Interest-bearing deposits $1,370,338
    Deposits held in domestic offices $1,746,094
    % insured (estimated) $67
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $170,278
    Subordinated debt $0
    All other liabilities $25,707

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,656,293
    Loan and leases loss allowance $17,640
    Total loans and leases (domestic) $1,673,933
    All real estate loans $1,322,025
    Real estate loans in domestic offices $1,322,025
    Construction and development loans $205,727
    Residential 1-4 family construction $41,126
    Other construction, all land development and other land $164,601
    Loans secured by nonfarm nonresidential properties $585,743
    Nonfarm nonresidential secured by owner-occupied properties $253,272
    Commercial real estate & other non-farm, non-residential $332,471
    Multifamily residential real estate $138,057
    1-4 family residential loans $392,498
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $33,090
    Commercial and industrial loans $256,614
    To non-U.S. addressees $0
    Loans to individuals $62,063
    Credit card loans $0
    Related Plans $31
    Consumer Auto Loans $4,287
    Other loans to individuals $57,745
    All other loans & leases $141
    Loans to foreign governments and official institutions $0
    Other loans $0
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $157
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $4,292
    Non 1-4 family restructured loans & leases $2,728
    Total loans and leases (foreign) $0

    BayCoast Bank had $1,656,293,000 of loans outstanding in 2020. $1,322,025,000 of loans were in real estate loans. $205,727,000 of loans were in development loans. $138,057,000 of loans were in multifamily mortgage loans. $392,498,000 of loans were in 1-4 family mortgage loans. $33,090,000 of loans were in farm loans. $0 of loans were in credit card loans. $4,287,000 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 562 $151,718 $269,961
    Nonfarm, nonresidential loans - <$100k 57 $2,141 $37,561
    Nonfarm, nonresidential loans - $100-250k 194 $25,846 $133,227
    Nonfarm, nonresidential loans - $250k-1MM 311 $123,731 $397,849
    Commercial & Industrial, US addressed loans - <$1MM 1,642 $141,344 $86,080
    Commercial & Industrial, US addressed loans - <$100k 1,074 $30,597 $28,489
    Commercial & Industrial, US addressed loans - $100-250k 357 $42,540 $119,160
    Commercial & Industrial, US addressed loans - $250k-1MM 211 $68,207 $323,256
    Agriculture operations loans - <$1MM 3 $446 $148,667
    Agriculture operations loans - $100-250k 1 $62 $62,000
    Agriculture operations loans - $250k-1MM 2 $384 $192,000