Central Bank Mortgage Rates, Fees & Info

Storm Lake, IA

LEI: 549300Q76VHK6FGPX546

Tax ID: 42-0191897

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

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  • SimulatedRates™
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    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    Central Bank is a smaller bank specializing in Home Purchase and Refi loans. Central Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Des Moines, Sioux Falls, Sioux City, Spirit Lake, and Storm Lake among others. We have data for 56 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Central 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. 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.

    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.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.55% 12/16/24
    30 Year Conventional Purchase 6.61% 12/16/24
    30 Year Conventional Refi 6.49% 12/16/24
    30 Year Cash-out Refi 6.52% 12/16/24
    30 Year FHA Purchase 6.27% 12/16/24
    30 Year VA Purchase 6.27% 12/16/24
    30 Year USDA Purchase 7.30% 12/16/24
    15 Year Conventional Purchase 6.19% 12/16/24
    15 Year Conventional Refi 6.15% 12/16/24
    15 Year Cash-out Refi 6.15% 12/16/24
    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.

    Central Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Central 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

    1,462

    Origination Dollar Volume (All Markets)

    $387,770,000

    Employee count

    273

    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
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 346 $94,980,000 $274,509 $2,254 3.06%
    SIOUX FALLS, SD (FHA|USDA|VA) 144 $83,100,000 $577,083 $4,366 3.05%
    SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 321 $66,035,000 $205,717 $3,564 3.10%
    Spirit Lake, IA (FHA|USDA|VA) 122 $36,300,000 $297,541 $3,260 3.12%
    Storm Lake, IA (FHA|USDA|VA) 197 $31,475,000 $159,772 $2,410 3.27%
    Outside of Metro Areas 199 $28,425,000 $142,839 $3,471 3.11%
    Aberdeen, SD (FHA|USDA|VA) 4 $10,120,000 $2,530,000 $0 3.25%
    Brookings, SD (FHA|USDA|VA) 29 $5,935,000 $204,655 $3,413 3.12%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 10 $2,610,000 $261,000 $3,961 2.91%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $2,505,000 $2,505,000 $42,072 3.38%
    AMES, IA (FHA|USDA|VA) 9 $2,085,000 $231,667 $2,658 2.96%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $1,855,000 $618,333 $10,177 3.04%
    Spencer, IA (FHA|USDA|VA) 11 $1,525,000 $138,636 $2,939 3.01%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $1,505,000 $1,505,000 $22,990 4.00%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $1,445,000 $1,445,000 $17,100 3.75%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $1,245,000 $415,000 $6,549 3.04%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $1,195,000 $398,333 $5,065 3.50%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 4 $880,000 $220,000 $4,297 2.56%
    Watertown, SD (FHA|USDA|VA) 2 $840,000 $420,000 $4,239 3.43%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $815,000 $815,000 $14,074 2.88%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 4 $770,000 $192,500 $2,454 2.81%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 3 $735,000 $245,000 $4,402 3.17%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 2 $710,000 $355,000 $2,287 2.88%
    WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 3 $655,000 $218,333 $2,901 2.75%
    Mason City, IA (FHA|USDA|VA) 2 $650,000 $325,000 $1,479 3.44%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $620,000 $310,000 $4,694 3.19%
    PUNTA GORDA, FL (FHA|USDA|VA) 2 $590,000 $295,000 $0 3.75%
    IOWA CITY, IA (FHA|USDA|VA) 2 $550,000 $275,000 $4,542 3.00%
    ROCHESTER, MN (FHA|USDA|VA) 1 $545,000 $545,000 $2,671 2.75%
    Sheridan, WY (FHA|USDA|VA) 1 $545,000 $545,000 $0 2.50%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $545,000 $545,000 $9,866 3.13%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $535,000 $535,000 $2,303 2.75%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $485,000 $485,000 $8,249 3.75%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $455,000 $455,000 $5,972 3.25%
    Vermillion, SD (FHA|USDA|VA) 2 $420,000 $210,000 $3,751 3.56%
    Warrensburg, MO (FHA|USDA|VA) 1 $405,000 $405,000 $4,760 3.00%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $325,000 $325,000 $2,085 2.75%
    GREEN BAY, WI (FHA|USDA|VA) 1 $325,000 $325,000 $3,933 2.50%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $305,000 $305,000 $2,015 2.25%
    Marshalltown, IA (FHA|USDA|VA) 1 $285,000 $285,000 $424 4.00%
    Yankton, SD (FHA|USDA|VA) 2 $250,000 $125,000 $1,970 3.56%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $245,000 $245,000 $5,807 2.00%
    LINCOLN, NE (FHA|USDA|VA) 1 $215,000 $215,000 $0 3.00%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $205,000 $205,000 $2,134 2.38%
    Brainerd, MN (FHA|USDA|VA) 2 $200,000 $100,000 $2,168 3.38%
    Norfolk, NE (FHA|USDA|VA) 1 $185,000 $185,000 $3,338 3.00%
    Pella, IA (FHA|USDA|VA) 1 $155,000 $155,000 $2,118 3.00%
    MANKATO, MN (FHA|USDA|VA) 1 $145,000 $145,000 $3,066 3.38%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $145,000 $145,000 $3,299 2.88%
    Mineral Wells, TX (FHA|USDA|VA) 1 $135,000 $135,000 $5,671 2.63%
    Worthington, MN (FHA|USDA|VA) 1 $135,000 $135,000 $3,049 2.25%
    Burlington, IA-IL (FHA|USDA|VA) 1 $95,000 $95,000 $2,368 3.00%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $95,000 $95,000 $0 2.88%
    Marshall, MN (FHA|USDA|VA) 1 $85,000 $85,000 $1,582 3.75%
    Carroll, IA (FHA|USDA|VA) 1 $85,000 $85,000 $3,604 2.75%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $65,000 $65,000 $396 4.25%
    Central Bank's top markets include Des Moines, Sioux Falls, Sioux City, Spirit Lake, and Storm Lake among others.

    Their top states include:
  • Iowa (FHA|USDA|VA)
  • South Dakota (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Nebraska (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)

    • Similar Lenders

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

    Bank
    Similarity Rank: 82
    RESIDENTIAL MORTGAGE NETWORK, INC.
    Similarity Rank: 102
    SIOUXLAND FEDERAL CREDIT UNION
    Similarity Rank: 180
    VisionBank of Iowa
    Similarity Rank: 187
    Bank Midwest
    Similarity Rank: 210
    GREATER IOWA CREDIT UNION
    Similarity Rank: 252
    Fidelity Bank
    Similarity Rank: 336
    SIOUX FALLS
    Similarity Rank: 376
    The First National Bank in Sioux Falls
    Similarity Rank: 434
    Tradition Mortgage, LLC
    Similarity Rank: 492

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,405 $380,935,000 $271,128 $3,153 3.10%
    USDA 57 $6,835,000 $119,912 $4,569 3.21%

    For 2021, Central Bank's most frequently originated type of loan was Conventional, with 1,405 originations. Their 2nd most popular type was USDA, with 57 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 765 $212,315,000 $277,536 $3,851 3.22%
    Refi 451 $133,975,000 $297,062 $2,647 2.87%
    Cash Out Refi 187 $35,685,000 $190,829 $2,883 2.98%
    Other 32 $3,880,000 $121,250 $1,237 3.74%
    Home Improvement 27 $1,915,000 $70,926 $653 4.15%

    For 2021, Central Bank's most frequently cited loan purpose was Home Purchase, with 765 originations. The 2nd most popular reason was Refi, with 451 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 834 $216,800,000 $259,952 $3,684 3.15%
    15 Year 289 $48,015,000 $166,142 $2,504 2.56%
    20 Year 111 $20,035,000 $180,495 $2,259 3.12%
    5 Year 79 $27,705,000 $350,696 $509 4.00%
    10 Year 66 $11,240,000 $170,303 $1,915 3.02%
    Other 65 $55,855,000 $859,308 $1,815 3.84%
    30+ year 15 $7,415,000 $494,333 $7,052 3.91%
    3 Year 2 $280,000 $140,000 $0 4.38%
    1 Year 1 $425,000 $425,000 $0 3.75%

    For 2021, Central Bank's most frequently cited loan duration was 30 Year, with 834 originations. The 2nd most popular length was 15 Year, with 289 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 504 $103,580,000 $205,516
    $1k-2k 387 $61,145,000 $157,997
    $2k-3k 213 $45,155,000 $211,995
    $3k-4k 90 $25,990,000 $288,778
    $5k+ 58 $41,740,000 $719,655
    $4k-5k 38 $17,200,000 $452,632

    Central Bank's average total fees were $3,684, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 504 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 530 $189,810,000 $358,132
    2.5-3% 528 $134,180,000 $254,129
    <2.5% 283 $51,655,000 $182,527
    4-5% 107 $10,635,000 $99,393
    5-6% 14 $1,490,000 $106,429

    During 2021, Central Bank's average interest rate for loans was 3.15%, while their most frequently originated rate bucket for loans was 3-4%, with 530 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 529 $77,205,000 $145,945 $2,873 3.03%
    $200k-400k 451 $124,985,000 $277,129 $3,265 3.02%
    $100,000 or less 306 $20,110,000 $65,719 $2,062 3.35%
    $400k-600k 123 $60,085,000 $488,496 $4,346 3.06%
    $1MM+ 32 $89,040,000 $2,782,500 $17,694 3.40%
    $600k-1MM 21 $16,345,000 $778,333 $8,211 3.37%

    2021 saw Central Bank place emphasis on $100k-200k loans with 529 originations, totaling $77,205,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 288 $44,200,000 $153,472 $2,907 3.07%
    $100k-150k 276 $61,570,000 $223,080 $3,017 3.03%
    $50k or less 266 $31,280,000 $117,594 $2,820 3.05%
    $75k-100k 226 $43,150,000 $190,929 $2,912 3.09%
    $150k-250k 185 $55,795,000 $301,595 $3,297 3.04%
    $250k+ 125 $67,505,000 $540,040 $5,707 3.08%

    Central Bank lent most frequently to those with incomes in the $50k-75k range, with 288 originations. The second most popular income band? $100k-150k, with 276 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 394 $87,860,000 $222,995 $2,995 2.94%
    30-36% 260 $61,270,000 $235,654 $3,476 3.08%
    <20% 141 $28,945,000 $205,284 $2,705 2.86%
    37% 59 $17,945,000 $304,153 $4,242 3.02%
    44% 56 $13,210,000 $235,893 $3,826 3.06%
    39% 53 $12,105,000 $228,396 $2,929 3.11%
    41% 51 $8,695,000 $170,490 $2,890 3.01%
    36% 48 $10,270,000 $213,958 $3,228 3.09%
    40% 45 $8,435,000 $187,444 $3,209 3.19%
    42% 43 $8,555,000 $198,953 $3,297 3.28%
    43% 39 $9,085,000 $232,949 $3,495 3.05%
    38% 37 $7,055,000 $190,676 $2,993 3.26%
    45% 27 $6,135,000 $227,222 $3,306 3.04%
    46% 18 $4,940,000 $274,444 $3,839 3.06%
    49% 17 $4,565,000 $268,529 $3,468 2.85%
    47% 15 $3,285,000 $219,000 $3,859 2.87%
    48% 9 $2,135,000 $237,222 $3,301 3.14%
    50-60% 3 $1,185,000 $395,000 $5,433 3.79%

    Central Bank lent most frequently to those with DTI ratios of 20-30%, with 394 originations. The next most common DTI ratio? 30-36%, with 260 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,284 $287,350,000 $223,793 $3,183 3.06%
    Not applicable 84 $80,400,000 $957,143 $0 3.82%
    Asian 47 $10,525,000 $223,936 $3,793 3.13%
    Not provided 17 $4,265,000 $250,882 $4,207 3.31%
    Black 20 $3,010,000 $150,500 $3,370 3.03%
    Other Asian 1 $875,000 $875,000 $7,246 2.63%
    American Indian 6 $610,000 $101,667 $2,120 3.38%
    Filipino 1 $345,000 $345,000 $0 3.13%
    1 $225,000 $225,000 $4,872 3.13%
    Native Hawaiian or Islander 1 $165,000 $165,000 $5,588 3.25%

    Approval Rates

    Total approvals of all applications
    95.78%

    Central 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
    87.35%

    Central Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,462 $387,770,000 $265,233

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,462 $387,770,000 $265,233

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 77 $31,265,000 $406,039 $1,957 3.19%
    40-60% 212 $48,700,000 $229,717 $2,884 2.76%
    60-80% 566 $167,550,000 $296,025 $3,256 3.10%
    80-100% 545 $131,685,000 $241,624 $3,672 3.13%
    Over 100% 8 $3,120,000 $390,000 $5,243 3.97%
    Under 20% 52 $3,550,000 $68,269 $677 4.11%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Central Mortgage Funding, LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Central Bank 1237 Lake Avenue Storm Lake, IA 50588 Limited, Drive-thru $23,395
    Central Bank 1003 Highway 71 South Okoboji, IA 51355 Limited, Drive-thru $4
    Central Bank 1400 18th Street Spirit Lake, IA 51360 Full Service B&M $128,363
    Central Bank 2 Bow Drive Cherokee, IA 51012 Limited, Drive-thru $2,692
    Central Bank 201 West Main Street Cherokee, IA 51012 Full Service B&M $91,767
    Central Bank 2104 W. 12th St. Sioux Falls, SD 57104 Full Service B&M $9,159
    Central Bank 2500 S. Minnesota Ave. Sioux Falls, SD 57105 Full Service B&M $34,888
    Central Bank 2805 North Ankeny Blvd Ankeny, IA 50023 Full Service B&M $32,893
    Central Bank 2906 Hamilton Blvd Sioux City, IA 51104 Full Service B&M $47,462
    Central Bank 300 E Hickman Rd Waukee, IA 50263 Full Service B&M $35,007
    Central Bank 302 Jones St, Ste 100 Sioux City, IA 51101 Limited, Drive-thru $17
    Central Bank 3455 Ingersoll Avenue Des Moines, IA 50312 Full Service B&M $8,858
    Central Bank 3624 Sixth Avenue Des Moines, IA 50313 Full Service B&M $10,499
    Central Bank 3800 100th Street Urbandale, IA 50322 Full Service B&M $45,291
    Central Bank 400 Gold Circle, Suite 100 Dakota Dunes, SD 57049 Full Service B&M $68,931
    Central Bank 4018 University Avenue Des Moines, IA 50311 Full Service B&M $30,301
    Central Bank 4201 South Lakeport Sioux City, IA 51102 Full Service B&M $39,434
    Central Bank 4848 86th Street Urbandale, IA 50322 Full Service B&M $136,625
    Central Bank 4900 S Western Ave Sioux Falls, SD 57108 Full Service B&M $80,641
    Central Bank 504 Fourth Street Branch Sioux City, IA 51101 Full Service B&M $212,905
    Central Bank 5070 Mills Civic Parkway West Des Moines, IA 50265 Full Service B&M $70,834
    Central Bank 600 Lake Avenue Storm Lake, IA 50588 Full Service B&M $283,662
    Central Bank 600 Main Avenue Brookings, SD 57006 Full Service B&M $58,503

    For 2021, Central Bank had 23 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $71,564
    Net interest income $65,963
    Total noninterest income $17,318
    Gross Fiduciary activities income $25
    Service charges on deposit accounts $1,018
    Trading account gains and fees $0
    Additional Noninterest Income $16,275
    Pre-tax net operating income $29,683
    Securities gains (or losses, -) $0
    Income before extraordinary items $22,537
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $22,537
    Minority interest net income $0
    Net income $22,537
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $22,537

    Central Bank's gross interest income from loans was $71,564,000.
    Central Bank's net interest income from loans was $65,963,000.
    Central Bank's fee based income from loans was $1,018,000.
    Central Bank's net income from loans was $22,537,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $5,601
    Provision for credit losses $5,200
    Total noninterest expense $48,398
    Salaries and employee benefits $29,733
    Premises and equipment expense $6,146
    Additional noninterest expense $12,519
    Applicable income taxes $7,146
    Net charge-offs $1,885
    Cash dividends $8,000

    Central Bank's interest expense for loans was $5,601,000.
    Central Bank's payroll and benefits expense were $29,733,000.
    Central Bank's property, plant and equipment expenses $6,146,000.

    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 1.0%
    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 $1,527,609
    Deposits held in domestic offices $1,527,609
    Deposits by Individuals, partnerships, and corporations $1,436,854
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $90,755
    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 $764,481
    Demand deposits $434,772
    Nontransaction accounts $763,128
    Money market deposit accounts (MMDAs) $319,036
    Other savings deposits (excluding MMDAs) $112,988
    Total time deposits $331,105
    Total time and savings deposits $1,092,837
    Noninterest-bearing deposits $314,830
    Interest-bearing deposits $1,212,779
    Retail deposits $1,373,006
    IRAs and Keogh plan accounts $29,149
    Brokered deposits $50,425
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,731,908
    Cash & Balances due from depository institutions $183,658
    Interest-bearing balances $161,423
    Total securities $83,583
    Federal funds sold & reverse repurchase $6
    Net loans and leases $1,389,517
    Loan and leases loss allowance $17,126
    Trading account assets $0
    Bank premises and fixed assets $38,961
    Other real estate owned $0
    Goodwill and other intangibles $16,588
    All other assets $19,595

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,731,908
    Total Liabilities $1,553,955
    Total deposits $1,527,609
    Interest-bearing deposits $1,212,779
    Deposits held in domestic offices $1,527,609
    % insured (estimated) $64
    Federal funds purchased and repurchase agreements $19,358
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $6,988

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,389,517
    Loan and leases loss allowance $17,126
    Total loans and leases (domestic) $1,406,643
    All real estate loans $1,074,510
    Real estate loans in domestic offices $1,074,510
    Construction and development loans $120,164
    Residential 1-4 family construction $47,915
    Other construction, all land development and other land $72,249
    Loans secured by nonfarm nonresidential properties $548,829
    Nonfarm nonresidential secured by owner-occupied properties $188,826
    Commercial real estate & other non-farm, non-residential $360,003
    Multifamily residential real estate $68,896
    1-4 family residential loans $236,635
    Farmland loans $99,986
    Loans held in foreign offices $0
    Farm loans $54,642
    Commercial and industrial loans $243,378
    To non-U.S. addressees $0
    Loans to individuals $21,401
    Credit card loans $2,252
    Related Plans $44
    Consumer Auto Loans $11,060
    Other loans to individuals $8,045
    All other loans & leases $12,712
    Loans to foreign governments and official institutions $0
    Other loans $12,712
    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 $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Central Bank had $1,389,517,000 of loans outstanding in 2021. $1,074,510,000 of loans were in real estate loans. $120,164,000 of loans were in development loans. $68,896,000 of loans were in multifamily mortgage loans. $236,635,000 of loans were in 1-4 family mortgage loans. $54,642,000 of loans were in farm loans. $2,252,000 of loans were in credit card loans. $11,060,000 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 353 $88,788 $251,524
    Nonfarm, nonresidential loans - <$100k 77 $3,456 $44,883
    Nonfarm, nonresidential loans - $100-250k 100 $12,531 $125,310
    Nonfarm, nonresidential loans - $250k-1MM 176 $72,801 $413,642
    Commercial & Industrial, US addressed loans - <$1MM 996 $95,668 $96,052
    Commercial & Industrial, US addressed loans - <$100k 569 $14,276 $25,090
    Commercial & Industrial, US addressed loans - $100-250k 234 $26,847 $114,731
    Commercial & Industrial, US addressed loans - $250k-1MM 193 $54,545 $282,617
    Farmland loans - <$1MM 141 $20,860 $147,943
    Farmland loans - <$100k 38 $1,244 $32,737
    Farmland loans - $100-250k 57 $6,179 $108,404
    Farmland loans - $250k-1MM 46 $13,437 $292,109
    Agriculture operations loans - <$1MM 309 $21,119 $68,346
    Agriculture operations loans - <$100k 203 $6,515 $32,094
    Agriculture operations loans - $100-250k 71 $7,243 $102,014
    Agriculture operations loans - $250k-1MM 35 $7,361 $210,314