Forcht Bank Mortgage Rates, Fees & Info

Lexington, KY

LEI: 549300RGUEWNDH44ES51

Tax ID: 71-0886038

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

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  • SimulatedRates™
  • Mortgage Calculator

    • 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

    Forcht Bank is a smaller bank specializing in Home Purchase and Refi loans. Forcht 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: Cincinnati, Louisville, Lexington, Richmond, and London among others. We have data for 26 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Forcht 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. Forcht 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
    30 Year Conventional Purchase 6.06% 12/16/24
    30 Year Conventional Refi 5.92% 12/16/24
    30 Year Cash-out Refi 6.66% 12/16/24
    30 Year FHA Purchase 7.00% 12/16/24
    30 Year FHA Refi 6.27% 12/16/24
    30 Year VA Purchase 6.23% 12/16/24
    30 Year USDA Purchase 6.76% 12/16/24
    15 Year Conventional Purchase 5.75% 12/16/24
    15 Year Conventional Refi 5.72% 12/16/24
    15 Year Cash-out Refi 5.72% 12/16/24
    15 Year FHA Purchase 5.68% 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.

    Forcht Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Forcht 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

    635

    Origination Dollar Volume (All Markets)

    $148,555,000

    Employee count

    293 Show all (8) 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
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 201 $67,205,000 $334,353 $2,556 4.56%
    LOUISVILLE, KY (FHA|USDA|VA) 100 $25,650,000 $256,500 $2,791 4.38%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 64 $14,650,000 $228,906 $2,609 4.40%
    Richmond-Berea, KY (FHA|USDA|VA) 38 $11,090,000 $291,842 $2,551 4.53%
    London, KY (FHA|USDA|VA) 70 $9,410,000 $134,429 $2,650 4.43%
    Somerset, KY (FHA|USDA|VA) 53 $6,165,000 $116,321 $2,493 4.19%
    Campbellsville, KY (FHA|USDA|VA) 54 $5,010,000 $92,778 $2,295 4.59%
    Outside of Metro Areas 33 $3,735,000 $113,182 $2,715 4.44%
    Boone, NC (FHA|USDA|VA) 1 $1,735,000 $1,735,000 $0 5.50%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $635,000 $635,000 $3,339 3.75%
    Sevierville, TN (FHA|USDA|VA) 2 $450,000 $225,000 $0 5.00%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $435,000 $435,000 $2,281 3.99%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $415,000 $415,000 $4,310 3.25%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $305,000 $305,000 $2,374 3.25%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 3 $275,000 $91,667 $1,738 4.21%
    Frankfort, KY (FHA|USDA|VA) 1 $195,000 $195,000 $1,855 3.75%
    SAVANNAH, GA (FHA|USDA|VA) 1 $195,000 $195,000 $3,106 3.99%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $185,000 $185,000 $1,855 4.50%
    Middlesborough, KY (FHA|USDA|VA) 2 $150,000 $75,000 $2,722 3.44%
    COLUMBUS, OH (FHA|USDA|VA) 1 $145,000 $145,000 $2,225 3.50%
    Glasgow, KY (FHA|USDA|VA) 1 $115,000 $115,000 $2,203 3.75%
    Danville, KY (FHA|USDA|VA) 1 $105,000 $105,000 $4,033 4.38%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $105,000 $105,000 $1,322 3.63%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $75,000 $75,000 $2,551 4.50%
    Madison, IN (FHA|USDA|VA) 1 $65,000 $65,000 $2,366 4.75%
    Mount Sterling, KY (FHA|USDA|VA) 1 $55,000 $55,000 $2,954 4.50%
    Forcht Bank's top markets include Cincinnati, Louisville, Lexington, Richmond, and London among others.

    Their top states include:
  • Kentucky (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Similar Lenders

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

    The North Side Bank & Trust Company
    Similarity Rank: 55
    CINFED Federal Credit Union
    Similarity Rank: 162
    Commercial Bank
    Similarity Rank: 220
    Peoples Exchange Bank
    Similarity Rank: 344
    Advanz Federal Credit Union
    Similarity Rank: 360
    The Peoples Bank
    Similarity Rank: 400
    RIVER VALLEY CREDIT UNION, INC.
    Similarity Rank: 504
    MEMBERS HERITAGE Credit Union
    Similarity Rank: 640
    COMMONWEALTH
    Similarity Rank: 648
    Kentucky Bank
    Similarity Rank: 672

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 571 $141,035,000 $246,996 $2,410 4.49%
    FHA 42 $4,470,000 $106,429 $4,001 4.10%
    USDA 14 $1,730,000 $123,571 $3,488 4.07%
    VA 8 $1,320,000 $165,000 $3,129 3.70%

    For 2019, Forcht Bank's most frequently originated type of loan was Conventional, with 571 originations. Their 2nd most popular type was FHA, with 42 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 377 $86,145,000 $228,501 $2,912 4.49%
    Refi 201 $55,705,000 $277,139 $2,105 4.40%
    Home Improvement 22 $2,040,000 $92,727 $1,634 4.79%
    Cash Out Refi 21 $3,425,000 $163,095 $3,091 3.88%
    Other 14 $1,240,000 $88,571 $1,734 4.38%

    For 2019, Forcht Bank's most frequently cited loan purpose was Home Purchase, with 377 originations. The 2nd most popular reason was Refi, with 201 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 279 $58,515,000 $209,731 $2,719 4.17%
    20 Year 133 $42,565,000 $320,038 $2,791 4.83%
    15 Year 94 $13,130,000 $139,681 $1,923 4.25%
    Other 43 $14,305,000 $332,674 $2,816 4.74%
    30+ year 35 $12,575,000 $359,286 $4,138 4.80%
    10 Year 33 $4,965,000 $150,455 $1,420 4.55%
    1 Year 13 $2,385,000 $183,462 $1,812 5.02%
    5 Year 5 $115,000 $23,000 $1,338 6.20%

    For 2019, Forcht Bank's most frequently cited loan duration was 30 Year, with 279 originations. The 2nd most popular length was 20 Year, with 133 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 417 $71,255,000 $170,875
    $1k-2k 55 $19,465,000 $353,909
    $2k-3k 2 $790,000 $395,000
    $3k-4k 1 $1,385,000 $1,385,000

    Forcht Bank's average total fees were $2,719, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 417 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 341 $88,155,000 $258,519
    3-4% 192 $43,840,000 $228,333
    5-6% 80 $14,690,000 $183,625
    6-7% 11 $485,000 $44,091
    2.5-3% 9 $1,335,000 $148,333
    Over 8% 2 $50,000 $25,000

    During 2019, Forcht Bank's average interest rate for loans was 4.17%, while their most frequently originated rate bucket for loans was 4-5%, with 341 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 216 $30,610,000 $141,713 $2,658 4.30%
    $100,000 or less 200 $12,410,000 $62,050 $1,925 4.65%
    $200k-400k 125 $34,755,000 $278,040 $2,945 4.38%
    $400k-600k 54 $25,400,000 $470,370 $3,323 4.31%
    $600k-1MM 23 $16,645,000 $723,696 $3,244 4.55%
    $1MM+ 17 $28,735,000 $1,690,294 $6,545 4.67%

    2019 saw Forcht Bank place emphasis on $100k-200k loans with 216 originations, totaling $30,610,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 114 $14,480,000 $127,018 $2,472 4.31%
    $50k or less 108 $9,500,000 $87,963 $2,270 4.49%
    $100k-150k 85 $16,565,000 $194,882 $2,676 4.42%
    $150k-250k 68 $21,160,000 $311,176 $2,918 4.26%
    $75k-100k 67 $10,545,000 $157,388 $2,735 4.37%
    $250k+ 49 $22,755,000 $464,388 $3,073 4.16%

    Forcht Bank lent most frequently to those with incomes in the $50k-75k range, with 114 originations. The second most popular income band? $50k or less, with 108 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 130 $24,260,000 $186,615 $2,474 4.21%
    30-36% 93 $16,135,000 $173,495 $2,756 4.30%
    <20% 60 $12,580,000 $209,667 $2,363 4.24%
    36% 25 $5,775,000 $231,000 $2,486 4.28%
    37% 19 $3,265,000 $171,842 $2,383 4.37%
    41% 19 $3,355,000 $176,579 $2,322 4.51%
    38% 19 $4,355,000 $229,211 $2,289 4.29%
    43% 18 $2,510,000 $139,444 $2,356 4.30%
    42% 15 $2,935,000 $195,667 $3,409 4.38%
    40% 15 $2,345,000 $156,333 $2,265 4.17%
    50-60% 13 $4,635,000 $356,538 $3,014 4.73%
    44% 8 $1,060,000 $132,500 $3,049 4.42%
    39% 8 $2,710,000 $338,750 $3,320 4.39%
    47% 8 $910,000 $113,750 $2,229 4.58%
    >60% 7 $2,465,000 $352,143 $3,730 4.52%
    49% 7 $1,235,000 $176,429 $2,639 4.41%
    46% 5 $855,000 $171,000 $4,155 3.85%
    48% 4 $1,080,000 $270,000 $3,364 4.16%
    45% 4 $550,000 $137,500 $2,106 4.28%

    Forcht Bank lent most frequently to those with DTI ratios of 20-30%, with 130 originations. The next most common DTI ratio? 30-36%, with 93 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 494 $94,010,000 $190,304 $2,591 4.35%
    Not applicable 123 $50,695,000 $412,154 $0 4.88%
    Not provided 8 $2,580,000 $322,500 $3,030 4.34%
    Black 8 $740,000 $92,500 $2,388 4.08%
    Asian 1 $425,000 $425,000 $4,179 4.50%
    Native Hawaiian or Islander 1 $105,000 $105,000 $1,644 3.75%

    Approval Rates

    Total approvals of all applications
    78.85%

    Forcht Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    68.50%

    Forcht Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 635 $148,555,000 $233,945

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 54 $42,060,000 $778,889
    Single Family (1-4 Units):Manufactured 19 $1,055,000 $55,526
    Single Family (1-4 Units):Site-Built 562 $105,440,000 $187,616

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 46 $5,720,000 $124,348 $1,809 4.63%
    40-60% 89 $18,665,000 $209,719 $2,120 4.38%
    60-80% 243 $75,945,000 $312,531 $2,639 4.56%
    80-100% 243 $47,715,000 $196,358 $2,941 4.27%
    Under 20% 14 $510,000 $36,429 $1,103 5.41%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    FIRST HORIZON BANK Conventional home mortgage Struggling to pay mortgage 1 6.7%
    FIRST HORIZON BANK VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 6.7%
    FIRST HORIZON BANK VA mortgage Closing on a mortgage 1 6.7%
    FIRST HORIZON BANK Other type of mortgage Trouble during payment process 1 6.7%
    FIRST HORIZON BANK Home equity loan or line of credit (HELOC) Closing on a mortgage 1 6.7%
    FIRST HORIZON BANK Home equity loan or line of credit (HELOC) Trouble during payment process 3 20.0%
    FIRST HORIZON BANK FHA mortgage Trouble during payment process 2 13.3%
    FIRST HORIZON BANK FHA mortgage Struggling to pay mortgage 1 6.7%
    FIRST HORIZON BANK Conventional home mortgage Trouble during payment process 4 26.7%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Forcht Bank, National Association 100 First Financial Plaza London, KY 40741 Full Service B&M $55,350
    Forcht Bank, National Association 102-108 N Public Square Greensburg, KY 42743 Full Service B&M $43,470
    Forcht Bank, National Association 10505 Taylorsville Road Louisville, KY 40209 Full Service B&M $13,449
    Forcht Bank, National Association 117 S Main St Greensburg, KY 42743 Full Service B&M $14,256
    Forcht Bank, National Association 1331 U.S. Highway 25 West Williamsburg, KY 40769 Full Service B&M $40,839
    Forcht Bank, National Association 140 Southland Drive Lexington, KY 40503 Full Service B&M $15,274
    Forcht Bank, National Association 1405 East Broadway Campbellsville, KY 42718 Full Service B&M $30,264
    Forcht Bank, National Association 1600 Cumberland Falls Hwy Corbin, KY 40701 Full Service B&M $14,475
    Forcht Bank, National Association 1846 South Highway 27 Somerset, KY 42501 Full Service B&M $102,287
    Forcht Bank, National Association 203-205 South Main Street Williamstown, KY 41097 Full Service B&M $89,545
    Forcht Bank, National Association 2110 Beechmont Ave Cincinnati, OH 45230 Full Service B&M $63,900
    Forcht Bank, National Association 2140 Lantern Ridge Dr Richmond, KY 40475 Full Service B&M $9,879
    Forcht Bank, National Association 2404 Sir Barton Way Lexington, KY 40509 Full Service B&M $82,674
    Forcht Bank, National Association 3358 Tates Creek Rd Lexington, KY 40502 Full Service B&M $11,110
    Forcht Bank, National Association 3549 Columbia Parkway Cincinnati, OH 45226 Full Service B&M $20,051
    Forcht Bank, National Association 391 Campbellsville By-Pass Campbellsville, KY 42718 Full Service B&M $15,615
    Forcht Bank, National Association 406 Knox St Barbourville, KY 40906 Full Service B&M $49,907
    Forcht Bank, National Association 4710 S. Hwy 27 Somerset, KY 42501 Full Service B&M $19,827
    Forcht Bank, National Association 50 Old Whitley Road London, KY 40741 Full Service B&M $18,040
    Forcht Bank, National Association 58 Broadway Dry Ridge, KY 41035 Full Service B&M $47,286
    Forcht Bank, National Association 6100 1st Financial Dr Burlington, KY 41005 Full Service B&M $40,152
    Forcht Bank, National Association 820 Master Street Corbin, KY 40701 Full Service B&M $41,294
    Forcht Bank, National Association 8492 Dixie Highway Louisville, KY 40258 Full Service B&M $75,717
    Forcht Bank, National Association I-75 And Violet Road Crittenden, KY 41030 Full Service B&M $26,856

    For 2019, Forcht Bank had 24 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $50,755
    Net interest income $42,774
    Total noninterest income $9,536
    Gross Fiduciary activities income $6
    Service charges on deposit accounts $4,574
    Trading account gains and fees $0
    Additional Noninterest Income $4,956
    Pre-tax net operating income $7,290
    Securities gains (or losses, -) $304
    Income before extraordinary items $7,571
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $7,571
    Minority interest net income $0
    Net income $7,571
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $7,267

    Forcht Bank's gross interest income from loans was $50,755,000.
    Forcht Bank's net interest income from loans was $42,774,000.
    Forcht Bank's fee based income from loans was $4,574,000.
    Forcht Bank's net income from loans was $7,571,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $7,981
    Provision for credit losses $1,200
    Total noninterest expense $43,820
    Salaries and employee benefits $20,241
    Premises and equipment expense $7,602
    Additional noninterest expense $15,977
    Applicable income taxes $23
    Net charge-offs $324
    Cash dividends $4,000

    Forcht Bank's interest expense for loans was $7,981,000.
    Forcht Bank's payroll and benefits expense were $20,241,000.
    Forcht Bank's property, plant and equipment expenses $7,602,000.

    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 $938,588
    Deposits held in domestic offices $938,588
    Deposits by Individuals, partnerships, and corporations $860,019
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $76,770
    Deposits by Commercial banks and other depository institutions in U.S. $1,799
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $59,960
    Demand deposits $16,941
    Nontransaction accounts $878,628
    Money market deposit accounts (MMDAs) $540,907
    Other savings deposits (excluding MMDAs) $116,669
    Total time deposits $221,051
    Total time and savings deposits $921,647
    Noninterest-bearing deposits $138,402
    Interest-bearing deposits $800,186
    Retail deposits $908,842
    IRAs and Keogh plan accounts $38,857
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,208,947
    Cash & Balances due from depository institutions $34,894
    Interest-bearing balances $7,210
    Total securities $209,445
    Federal funds sold & reverse repurchase $80
    Net loans and leases $864,565
    Loan and leases loss allowance $9,449
    Trading account assets $0
    Bank premises and fixed assets $30,309
    Other real estate owned $226
    Goodwill and other intangibles $37,610
    All other assets $31,818

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,208,947
    Total Liabilities $1,046,943
    Total deposits $938,588
    Interest-bearing deposits $800,186
    Deposits held in domestic offices $938,588
    % insured (estimated) $82
    Federal funds purchased and repurchase agreements $3,688
    Trading liabilities $0
    Other borrowed funds $99,334
    Subordinated debt $0
    All other liabilities $5,333

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $864,565
    Loan and leases loss allowance $9,449
    Total loans and leases (domestic) $874,014
    All real estate loans $798,182
    Real estate loans in domestic offices $798,182
    Construction and development loans $36,916
    Residential 1-4 family construction $17,274
    Other construction, all land development and other land $19,642
    Loans secured by nonfarm nonresidential properties $281,581
    Nonfarm nonresidential secured by owner-occupied properties $128,382
    Commercial real estate & other non-farm, non-residential $153,199
    Multifamily residential real estate $73,779
    1-4 family residential loans $384,426
    Farmland loans $21,480
    Loans held in foreign offices $0
    Farm loans $1,263
    Commercial and industrial loans $48,451
    To non-U.S. addressees $0
    Loans to individuals $22,347
    Credit card loans $1,660
    Related Plans $26
    Consumer Auto Loans $5,947
    Other loans to individuals $14,714
    All other loans & leases $3,771
    Loans to foreign governments and official institutions $0
    Other loans $878
    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 $6,335
    Non 1-4 family restructured loans & leases $5,749
    Total loans and leases (foreign) $0

    Forcht Bank had $864,565,000 of loans outstanding in 2019. $798,182,000 of loans were in real estate loans. $36,916,000 of loans were in development loans. $73,779,000 of loans were in multifamily mortgage loans. $384,426,000 of loans were in 1-4 family mortgage loans. $1,263,000 of loans were in farm loans. $1,660,000 of loans were in credit card loans. $5,947,000 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 544 $119,728 $220,088
    Nonfarm, nonresidential loans - <$100k 120 $4,930 $41,083
    Nonfarm, nonresidential loans - $100-250k 179 $22,334 $124,771
    Nonfarm, nonresidential loans - $250k-1MM 245 $92,464 $377,404
    Commercial & Industrial, US addressed loans - <$1MM 403 $24,728 $61,360
    Commercial & Industrial, US addressed loans - <$100k 289 $6,032 $20,872
    Commercial & Industrial, US addressed loans - $100-250k 65 $6,063 $93,277
    Commercial & Industrial, US addressed loans - $250k-1MM 49 $12,633 $257,816
    Farmland loans - <$1MM 347 $21,480 $61,902
    Farmland loans - <$100k 347 $21,480 $61,902
    Agriculture operations loans - <$1MM 63 $1,263 $20,048
    Agriculture operations loans - <$100k 63 $1,263 $20,048