Lake Area Bank Mortgage Rates, Fees & Info

Lindstrom, MN

LEI: 549300SCFU7K14E0J331

Tax ID: 41-0531790

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

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Mortgage Data

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

    Lake Area Bank is a smaller bank specializing in Home Purchase and Refi loans. Lake Area Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Minneapolis, St. Cloud, Brainerd, Duluth, and Cape Coral among others. We have data for 56 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Lake Area Bank 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. Lake Area 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.

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    Originations

    2,749

    Origination Dollar Volume (All Markets)

    $666,665,000

    Employee count

    109 Show all (6) 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
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2,509 $610,295,000 $243,242 $4,114 2.80%
    Outside of Metro Areas 78 $17,410,000 $223,205 $3,984 2.92%
    ST. CLOUD, MN (FHA|USDA|VA) 26 $4,730,000 $181,923 $3,400 2.58%
    Brainerd, MN (FHA|USDA|VA) 16 $4,220,000 $263,750 $3,677 2.96%
    DULUTH, MN-WI (FHA|USDA|VA) 18 $3,770,000 $209,444 $3,470 3.03%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 8 $3,130,000 $391,250 $4,902 2.94%
    ROCHESTER, MN (FHA|USDA|VA) 4 $2,350,000 $587,500 $6,010 4.26%
    Faribault-Northfield, MN (FHA|USDA|VA) 7 $1,485,000 $212,143 $6,271 2.39%
    Fergus Falls, MN (FHA|USDA|VA) 8 $1,310,000 $163,750 $3,458 2.48%
    MADISON, WI (FHA|USDA|VA) 4 $1,100,000 $275,000 $2,564 3.00%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 2 $950,000 $475,000 $7,887 2.81%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $900,000 $450,000 $3,688 2.44%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 2 $790,000 $395,000 $3,728 2.38%
    Alexandria, MN (FHA|USDA|VA) 2 $780,000 $390,000 $4,979 2.94%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $720,000 $360,000 $2,965 2.56%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $650,000 $325,000 $3,297 3.50%
    Grand Rapids, MN (FHA|USDA|VA) 3 $645,000 $215,000 $3,754 2.67%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 4 $610,000 $152,500 $3,010 2.91%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $580,000 $290,000 $3,575 3.19%
    Red Wing, MN (FHA|USDA|VA) 3 $575,000 $191,667 $4,101 2.92%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $515,000 $515,000 $5,410 3.25%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $495,000 $495,000 $13,448 2.28%
    Concord, NH (FHA|USDA|VA) 1 $485,000 $485,000 $3,629 2.88%
    RENO, NV (FHA|USDA|VA) 1 $405,000 $405,000 $10,802 3.13%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $365,000 $365,000 $4,048 2.88%
    Pella, IA (FHA|USDA|VA) 1 $365,000 $365,000 $2,638 3.38%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $365,000 $365,000 $2,424 2.63%
    Willmar, MN (FHA|USDA|VA) 4 $360,000 $90,000 $3,125 1.69%
    Owatonna, MN (FHA|USDA|VA) 2 $360,000 $180,000 $5,055 2.69%
    SPRINGFIELD, MO (FHA|USDA|VA) 1 $335,000 $335,000 $3,087 3.13%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $315,000 $315,000 $2,489 2.63%
    Hutchinson, MN (FHA|USDA|VA) 2 $310,000 $155,000 $3,669 2.94%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $305,000 $305,000 $4,991 3.25%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $275,000 $275,000 $3,181 2.88%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $275,000 $275,000 $2,651 3.38%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $270,000 $135,000 $3,154 2.88%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $265,000 $265,000 $3,181 2.75%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $255,000 $255,000 $3,235 2.50%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $255,000 $255,000 $3,794 2.88%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $245,000 $245,000 $2,419 3.50%
    Baraboo, WI (FHA|USDA|VA) 1 $235,000 $235,000 $3,285 2.88%
    SIOUX FALLS, SD (FHA|USDA|VA) 1 $215,000 $215,000 $2,809 2.25%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $215,000 $215,000 $4,025 3.38%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $210,000 $105,000 $2,775 2.94%
    IOWA CITY, IA (FHA|USDA|VA) 1 $205,000 $205,000 $3,861 3.88%
    LEBANON, PA (FHA|USDA|VA) 1 $195,000 $195,000 $4,171 3.00%
    EAU CLAIRE, WI (FHA|USDA|VA) 1 $195,000 $195,000 $3,290 3.25%
    MANKATO, MN (FHA|USDA|VA) 1 $195,000 $195,000 $6,281 3.49%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $195,000 $195,000 $6,291 3.50%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $185,000 $185,000 $2,365 2.50%
    RALEIGH-CARY, NC (FHA|USDA|VA) 1 $165,000 $165,000 $0 3.00%
    TOPEKA, KS (FHA|USDA|VA) 5 $165,000 $33,000 $0 4.05%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $155,000 $155,000 $3,913 3.50%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $125,000 $125,000 $2,835 2.38%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $115,000 $115,000 $6,937 2.50%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $75,000 $75,000 $3,404 4.38%
    Lake Area Bank's top markets include Minneapolis, St. Cloud, Brainerd, Duluth, and Cape Coral among others.

    Their top states include:
  • Minnesota (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)

    • Similar Lenders

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

    Western National Bank
    Similarity Rank: 120
    NORTHWOODS
    Similarity Rank: 156
    SUPERIOR CHOICE
    Similarity Rank: 198
    The Miners National Bank of Eveleth
    Similarity Rank: 400
    Peoples Bank Midwest
    Similarity Rank: 608
    Liberty Bank Minnesota
    Similarity Rank: 1176
    Town & Country Banc Mortgage Services
    Similarity Rank: 1444
    First Dakota National Bank
    Similarity Rank: 1517
    Anoka Hennepin Credit Union
    Similarity Rank: 1564
    VALLEY MORTGAGE, INC.
    Similarity Rank: 1876

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,432 $587,850,000 $241,715 $3,415 2.77%
    FHA 308 $76,900,000 $249,675 $8,975 3.11%
    USDA 8 $1,700,000 $212,500 $5,578 3.11%
    VA 1 $215,000 $215,000 $10,376 3.75%

    For 2020, Lake Area Bank's most frequently originated type of loan was Conventional, with 2,432 originations. Their 2nd most popular type was FHA, with 308 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,296 $287,660,000 $221,960 $4,913 2.62%
    Refi 999 $272,035,000 $272,307 $3,289 2.92%
    Cash Out Refi 406 $103,720,000 $255,468 $3,676 3.04%
    Home Improvement 42 $1,970,000 $46,905 $519 3.55%
    Other 6 $1,280,000 $213,333 $3,708 3.40%

    For 2020, Lake Area Bank's most frequently cited loan purpose was Home Purchase, with 1,296 originations. The 2nd most popular reason was Refi, with 999 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,043 $495,465,000 $242,518 $4,461 2.75%
    15 Year 321 $72,085,000 $224,564 $3,042 2.64%
    10 Year 144 $25,660,000 $178,194 $649 3.47%
    20 Year 137 $30,365,000 $221,642 $2,536 3.04%
    Other 55 $20,635,000 $375,182 $3,473 3.27%
    30+ year 44 $22,030,000 $500,682 $9,434 3.13%
    5 Year 4 $230,000 $57,500 $324 3.13%
    1 Year 1 $195,000 $195,000 $0 4.25%

    For 2020, Lake Area Bank's most frequently cited loan duration was 30 Year, with 2,043 originations. The 2nd most popular length was 15 Year, with 321 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,489 $394,175,000 $264,725
    $<1k 331 $7,965,000 $24,063
    $3k-4k 326 $81,390,000 $249,663
    $2k-3k 188 $39,620,000 $210,745
    $4k-5k 104 $34,540,000 $332,115
    $5k+ 96 $51,930,000 $540,938

    Lake Area Bank's average total fees were $4,461, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,489 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,015 $250,455,000 $246,754
    2.5-3% 984 $273,540,000 $277,988
    <2.5% 668 $119,480,000 $178,862
    4-5% 79 $22,655,000 $286,772
    5-6% 3 $535,000 $178,333

    During 2020, Lake Area Bank's average interest rate for loans was 2.75%, while their most frequently originated rate bucket for loans was 3-4%, with 1,015 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,404 $389,180,000 $277,194 $4,910 2.98%
    $100k-200k 671 $107,305,000 $159,918 $3,653 3.00%
    $100,000 or less 385 $9,965,000 $25,883 $432 1.67%
    $400k-600k 247 $115,605,000 $468,036 $4,993 2.93%
    $600k-1MM 32 $23,500,000 $734,375 $11,660 3.56%
    $1MM+ 10 $21,110,000 $2,111,000 $12,312 3.79%

    2020 saw Lake Area Bank place emphasis on $200k-400k loans with 1,404 originations, totaling $389,180,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 739 $130,635,000 $176,773 $4,078 2.63%
    $100k-150k 568 $158,940,000 $279,824 $4,105 2.95%
    $75k-100k 451 $104,695,000 $232,140 $3,885 3.00%
    $50k or less 383 $54,825,000 $143,146 $4,088 2.33%
    $150k-250k 378 $123,170,000 $325,847 $4,063 2.93%
    $250k+ 138 $54,750,000 $396,739 $5,338 3.06%

    Lake Area Bank lent most frequently to those with incomes in the $50k-75k range, with 739 originations. The second most popular income band? $100k-150k, with 568 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 638 $165,720,000 $259,749 $3,822 2.87%
    30-36% 495 $117,845,000 $238,071 $3,795 2.83%
    <20% 221 $56,145,000 $254,050 $3,197 2.82%
    43% 134 $28,770,000 $214,701 $4,402 2.71%
    44% 128 $27,000,000 $210,938 $4,335 2.81%
    42% 112 $25,560,000 $228,214 $4,203 2.73%
    41% 104 $21,270,000 $204,519 $3,585 2.60%
    36% 101 $24,565,000 $243,218 $4,221 2.86%
    39% 100 $22,130,000 $221,300 $4,088 2.59%
    40% 99 $23,455,000 $236,919 $4,165 2.81%
    38% 91 $19,445,000 $213,681 $3,647 2.76%
    37% 81 $19,785,000 $244,259 $3,841 2.83%
    49% 75 $16,435,000 $219,133 $5,083 2.49%
    47% 70 $12,610,000 $180,143 $4,610 2.53%
    48% 60 $11,490,000 $191,500 $4,590 2.64%
    45% 58 $13,240,000 $228,276 $4,746 2.69%
    46% 58 $13,900,000 $239,655 $4,924 2.56%
    50-60% 53 $13,915,000 $262,547 $9,325 2.75%
    >60% 1 $625,000 $625,000 $11,755 3.72%

    Lake Area Bank lent most frequently to those with DTI ratios of 20-30%, with 638 originations. The next most common DTI ratio? 30-36%, with 495 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,635 $404,815,000 $247,593 $3,978 2.86%
    Not provided 726 $160,590,000 $221,198 $4,307 2.68%
    Asian 197 $44,305,000 $224,898 $4,133 2.60%
    Not applicable 56 $29,570,000 $528,036 $0 4.12%
    Black 110 $22,750,000 $206,818 $4,618 2.73%
    American Indian 17 $2,715,000 $159,706 $3,618 2.47%
    Other Asian 5 $1,275,000 $255,000 $3,627 2.85%
    Asian Indian 1 $355,000 $355,000 $3,570 3.38%
    Native Hawaiian or Islander 2 $290,000 $145,000 $4,494 1.88%

    Approval Rates

    Total approvals of all applications
    97.34%

    Lake Area 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
    90.91%

    Lake Area Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,749 $666,665,000 $242,512

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 11 $20,175,000 $1,834,091
    Single Family (1-4 Units):Manufactured 13 $1,985,000 $152,692
    Single Family (1-4 Units):Site-Built 2,725 $644,505,000 $236,516

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 78 $11,430,000 $146,538 $2,716 2.85%
    40-60% 357 $82,335,000 $230,630 $3,243 2.80%
    60-80% 933 $272,955,000 $292,556 $3,658 3.02%
    80-100% 1,060 $290,250,000 $273,821 $5,946 3.06%
    Over 100% 1 $375,000 $375,000 $6,023 3.49%
    Under 20% 320 $9,320,000 $29,125 $206 1.35%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Lake Area Bank 12790 First Avenue North Lindstrom, MN 55045 Full Service B&M $73,488
    Lake Area Bank 1400 East Highway 96 White Bear Lake, MN 55110 Full Service B&M $189,882
    Lake Area Bank 14602 Everton Avenue North Hugo, MN 55038 Full Service B&M $18,065
    Lake Area Bank 5795 Morning Dove Avenue North Stillwater, MN 55082 Full Service B&M $19,461
    Lake Area Bank 808 W. Broadway, Suite D Forest Lake, MN 55025 Full Service B&M $24,777

    For 2020, Lake Area Bank had 5 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $18,200
    Net interest income $16,256
    Total noninterest income $26,460
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $458
    Trading account gains and fees $0
    Additional Noninterest Income $26,002
    Pre-tax net operating income $14,422
    Securities gains (or losses, -) $365
    Income before extraordinary items $14,787
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $14,787
    Minority interest net income $0
    Net income $14,787
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $14,422

    Lake Area Bank's gross interest income from loans was $18,200,000.
    Lake Area Bank's net interest income from loans was $16,256,000.
    Lake Area Bank's fee based income from loans was $458,000.
    Lake Area Bank's net income from loans was $14,787,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,944
    Provision for credit losses $1,668
    Total noninterest expense $26,626
    Salaries and employee benefits $19,092
    Premises and equipment expense $1,295
    Additional noninterest expense $6,239
    Applicable income taxes $0
    Net charge-offs $629
    Cash dividends $6,429

    Lake Area Bank's interest expense for loans was $1,944,000.
    Lake Area Bank's payroll and benefits expense were $19,092,000.
    Lake Area Bank's property, plant and equipment expenses $1,295,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 1.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 2.0%
    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 $322,686
    Deposits held in domestic offices $322,686
    Deposits by Individuals, partnerships, and corporations $290,585
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $18,266
    Deposits by Commercial banks and other depository institutions in U.S. $13,835
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $154,484
    Demand deposits $88,590
    Nontransaction accounts $168,202
    Money market deposit accounts (MMDAs) $36,758
    Other savings deposits (excluding MMDAs) $60,171
    Total time deposits $71,273
    Total time and savings deposits $234,096
    Noninterest-bearing deposits $88,590
    Interest-bearing deposits $234,096
    Retail deposits $304,594
    IRAs and Keogh plan accounts $5,112
    Brokered deposits $2,975
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $442,475
    Cash & Balances due from depository institutions $13,698
    Interest-bearing balances $8,642
    Total securities $95,145
    Federal funds sold & reverse repurchase $0
    Net loans and leases $305,049
    Loan and leases loss allowance $2,955
    Trading account assets $0
    Bank premises and fixed assets $4,915
    Other real estate owned $2,284
    Goodwill and other intangibles $5,279
    All other assets $16,105

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $442,475
    Total Liabilities $391,158
    Total deposits $322,686
    Interest-bearing deposits $234,096
    Deposits held in domestic offices $322,686
    % insured (estimated) $83
    Federal funds purchased and repurchase agreements $27,906
    Trading liabilities $0
    Other borrowed funds $32,841
    Subordinated debt $0
    All other liabilities $7,725

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $305,049
    Loan and leases loss allowance $2,955
    Total loans and leases (domestic) $308,004
    All real estate loans $256,360
    Real estate loans in domestic offices $256,360
    Construction and development loans $20,544
    Residential 1-4 family construction $17,754
    Other construction, all land development and other land $2,790
    Loans secured by nonfarm nonresidential properties $109,814
    Nonfarm nonresidential secured by owner-occupied properties $54,105
    Commercial real estate & other non-farm, non-residential $55,709
    Multifamily residential real estate $10,897
    1-4 family residential loans $114,835
    Farmland loans $270
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $45,354
    To non-U.S. addressees $0
    Loans to individuals $531
    Credit card loans $0
    Related Plans $54
    Consumer Auto Loans $327
    Other loans to individuals $150
    All other loans & leases $5,759
    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 $717
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $2,722
    Non 1-4 family restructured loans & leases $2,696
    Total loans and leases (foreign) $0

    Lake Area Bank had $305,049,000 of loans outstanding in 2020. $256,360,000 of loans were in real estate loans. $20,544,000 of loans were in development loans. $10,897,000 of loans were in multifamily mortgage loans. $114,835,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $327,000 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 125 $40,236 $321,888
    Nonfarm, nonresidential loans - <$100k 8 $475 $59,375
    Nonfarm, nonresidential loans - $100-250k 44 $6,162 $140,045
    Nonfarm, nonresidential loans - $250k-1MM 73 $33,599 $460,260
    Commercial & Industrial, US addressed loans - <$1MM 349 $34,394 $98,550
    Commercial & Industrial, US addressed loans - <$100k 188 $5,559 $29,569
    Commercial & Industrial, US addressed loans - $100-250k 98 $10,555 $107,704
    Commercial & Industrial, US addressed loans - $250k-1MM 63 $18,280 $290,159
    Farmland loans - <$1MM 5 $269 $53,800
    Farmland loans - <$100k 4 $153 $38,250
    Farmland loans - $100-250k 1 $116 $116,000