Bankplus Mortgage Rates, Fees & Info

Belzoni, MS

LEI: 549300SFG15JDKI5MD22

Tax ID: 64-0134513

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Mortgage Data

Bank Data

Review & Overview

Bankplus is a smaller bank specializing in Home Purchase and Refi loans. Bankplus 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: Jackson, Tupelo, Memphis, Picayune, and Meridian among others. We have data for 42 markets. (Some data included below & more in-depth data is available with an active subscription.)

Bankplus 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. Bankplus 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) 3.02% 3/28/24
30 Year Conventional Purchase 6.54% 3/28/24
30 Year Conventional Refi 6.48% 3/28/24
30 Year Cash-out Refi 6.62% 3/28/24
30 Year FHA Purchase 7.18% 3/28/24
30 Year FHA Refi 7.23% 3/28/24
30 Year VA Purchase 6.16% 3/28/24
30 Year USDA Purchase 6.90% 3/28/24
15 Year Conventional Purchase 6.13% 3/28/24
15 Year Conventional Refi 6.01% 3/28/24
15 Year Cash-out Refi 6.01% 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.

Bankplus Mortgage Calculator






Your Estimates

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

This is not an official calculator from Bankplus. 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

1,877

Origination Dollar Volume (All Markets)

$318,675,000

Employee count

740 Show all (17) 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
JACKSON, MS (FHA|USDA|VA) 1,162 $205,660,000 $176,988 $2,422 5.07%
Tupelo, MS (FHA|USDA|VA) 146 $25,360,000 $173,699 $2,278 4.99%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 142 $24,450,000 $172,183 $2,696 4.98%
Picayune, MS (FHA|USDA|VA) 109 $14,195,000 $130,229 $2,825 5.18%
Meridian, MS (FHA|USDA|VA) 93 $7,955,000 $85,538 $2,251 6.41%
Outside of Metro Areas 91 $7,945,000 $87,308 $2,268 6.41%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 31 $5,195,000 $167,581 $2,805 5.02%
Oxford, MS (FHA|USDA|VA) 16 $4,210,000 $263,125 $3,074 4.89%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 5 $3,115,000 $623,000 $2,489 4.79%
Starkville, MS (FHA|USDA|VA) 14 $3,010,000 $215,000 $1,991 5.06%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 6 $1,970,000 $328,333 $2,778 4.59%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3 $1,665,000 $555,000 $6,081 4.83%
HATTIESBURG, MS (FHA|USDA|VA) 4 $1,370,000 $342,500 $2,148 5.09%
PANAMA CITY, FL (FHA|USDA|VA) 1 $995,000 $995,000 $0 5.00%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $985,000 $328,333 $4,042 4.25%
Vicksburg, MS (FHA|USDA|VA) 5 $925,000 $185,000 $3,217 4.63%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 3 $915,000 $305,000 $2,198 4.10%
KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $875,000 $291,667 $2,510 4.83%
Greenwood, MS (FHA|USDA|VA) 6 $650,000 $108,333 $3,606 5.98%
Brookhaven, MS (FHA|USDA|VA) 4 $640,000 $160,000 $2,387 4.38%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $615,000 $615,000 $4,976 4.65%
Cullman, AL (FHA|USDA|VA) 1 $605,000 $605,000 $4,182 4.00%
LAFAYETTE, LA (FHA|USDA|VA) 2 $580,000 $290,000 $3,203 5.19%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $555,000 $555,000 $0 0.00%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $475,000 $475,000 $0 4.50%
TUSCALOOSA, AL (FHA|USDA|VA) 2 $420,000 $210,000 $2,049 4.63%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $375,000 $375,000 $996 4.88%
Laurel, MS (FHA|USDA|VA) 4 $370,000 $92,500 $1,863 4.81%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $370,000 $185,000 $2,529 4.19%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $305,000 $101,667 $3,383 6.50%
BATON ROUGE, LA (FHA|USDA|VA) 1 $275,000 $275,000 $3,257 3.75%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $265,000 $265,000 $0 5.25%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $255,000 $255,000 $3,220 5.75%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $255,000 $255,000 $3,623 5.00%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $225,000 $225,000 $2,249 3.75%
Enterprise, AL (FHA|USDA|VA) 1 $175,000 $175,000 $1 5.00%
Cleveland, MS (FHA|USDA|VA) 1 $145,000 $145,000 $3,440 4.50%
Columbus, MS (FHA|USDA|VA) 1 $125,000 $125,000 $2,195 4.50%
Corinth, MS (FHA|USDA|VA) 1 $105,000 $105,000 $2,391 4.50%
Sevierville, TN (FHA|USDA|VA) 1 $45,000 $45,000 $0 7.25%
Indianola, MS (FHA|USDA|VA) 1 $35,000 $35,000 $0 9.25%
Greenville, MS (FHA|USDA|VA) 1 $15,000 $15,000 $0 0.00%
Bankplus's top markets include Jackson, Tupelo, Memphis, Picayune, and Meridian among others.

Their top states include:
  • Mississippi (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,237 $250,755,000 $202,712 $2,179 5.30%
    HELOC 472 $38,900,000 $82,415 n/a 5.44%
    FHA 113 $17,545,000 $155,265 $3,533 4.29%
    VA 35 $8,615,000 $246,143 $6,715 4.18%
    USDA 20 $2,860,000 $143,000 $2,253 4.20%

    For 2018, Bankplus's most frequently originated type of loan was Conventional, with 1,237 originations. Their 2nd most popular type was HELOC, with 472 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 941 $197,305,000 $209,676 $2,485 4.88%
    Refi 551 $89,225,000 $161,933 $2,276 5.67%
    Home Improvement 189 $12,395,000 $65,582 $1,361 6.38%
    Other 154 $10,310,000 $66,948 $1,452 6.40%
    Cash Out Refi 42 $9,440,000 $224,762 $3,933 4.43%

    For 2018, Bankplus's most frequently cited loan purpose was Home Purchase, with 941 originations. The 2nd most popular reason was Refi, with 551 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 884 $115,000,000 $130,090 $2,131 5.69%
    30 Year 610 $140,790,000 $230,803 $2,732 4.53%
    5 Year 192 $27,120,000 $141,250 $1,028 6.08%
    15 Year 83 $17,025,000 $205,120 $2,220 4.27%
    1 Year 46 $8,010,000 $174,130 $256 5.92%
    20 Year 27 $6,595,000 $244,259 $2,526 4.42%
    3 Year 25 $2,575,000 $103,000 $927 6.66%
    10 Year 10 $1,560,000 $156,000 $1,859 5.08%

    For 2018, Bankplus's most frequently cited loan duration was Other, with 884 originations. The 2nd most popular length was 30 Year, with 610 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 858 $168,630,000 $196,538
    $1k-2k 177 $45,185,000 $255,282
    $2k-3k 38 $11,280,000 $296,842
    $3k-4k 14 $5,590,000 $399,286
    $5k+ 4 $1,350,000 $337,500
    $4k-5k 3 $1,455,000 $485,000

    Bankplus's average total fees were $2,732, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 858 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 768 $179,570,000 $233,815
    5-6% 344 $56,910,000 $165,436
    3-4% 153 $36,905,000 $241,209
    6-7% 144 $12,940,000 $89,861
    Over 8% 58 $3,540,000 $61,034
    7-8% 49 $2,425,000 $49,490
    2.5-3% 1 $405,000 $405,000

    During 2018, Bankplus's average interest rate for loans was 4.53%, while their most frequently originated rate bucket for loans was 4-5%, with 768 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 739 $35,945,000 $48,640 $1,546 6.15%
    $100k-200k 540 $79,500,000 $147,222 $2,344 4.88%
    $200k-400k 446 $122,860,000 $275,471 $2,788 4.64%
    $400k-600k 127 $58,065,000 $457,205 $3,483 4.68%
    $600k-1MM 21 $15,375,000 $732,143 $4,081 4.93%
    $1MM+ 4 $6,930,000 $1,732,500 $0 4.75%

    2018 saw Bankplus place emphasis on $100,000 or less loans with 739 originations, totaling $35,945,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 364 $46,470,000 $127,665 $2,399 5.09%
    $100k-150k 351 $58,105,000 $165,541 $2,629 5.06%
    $50k or less 257 $22,175,000 $86,284 $1,995 5.51%
    $75k-100k 243 $36,315,000 $149,444 $2,564 5.08%
    $150k-250k 234 $52,640,000 $224,957 $2,634 5.11%
    $250k+ 213 $62,645,000 $294,108 $2,691 4.96%

    Bankplus lent most frequently to those with incomes in the $50k-75k range, with 364 originations. The second most popular income band? $100k-150k, with 351 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 402 $62,730,000 $156,045 $2,114 5.10%
    30-36% 310 $54,890,000 $177,065 $2,574 5.17%
    <20% 247 $38,595,000 $156,255 $2,228 5.04%
    43% 62 $10,880,000 $175,484 $2,863 5.09%
    41% 59 $11,695,000 $198,220 $2,706 4.88%
    37% 59 $8,735,000 $148,051 $3,056 5.40%
    42% 58 $10,370,000 $178,793 $2,586 5.11%
    44% 56 $6,920,000 $123,571 $2,647 5.38%
    39% 50 $6,620,000 $132,400 $2,448 5.36%
    36% 49 $10,145,000 $207,041 $2,429 4.93%
    50-60% 48 $8,590,000 $178,958 $3,462 4.80%
    40% 46 $6,750,000 $146,739 $2,847 5.25%
    38% 44 $7,850,000 $178,409 $2,430 4.93%
    45% 30 $6,100,000 $203,333 $2,370 4.66%
    47% 28 $6,600,000 $235,714 $3,081 4.69%
    >60% 26 $5,120,000 $196,923 $1,978 7.09%
    46% 25 $4,835,000 $193,400 $2,185 4.80%
    48% 21 $4,925,000 $234,524 $2,620 4.61%
    49% 17 $3,635,000 $213,824 $2,045 4.69%

    Bankplus lent most frequently to those with DTI ratios of 20-30%, with 402 originations. The next most common DTI ratio? 30-36%, with 310 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,351 $239,405,000 $177,206 $2,471 5.00%
    Not applicable 174 $31,780,000 $182,644 $0 5.69%
    Black 232 $25,370,000 $109,353 $2,471 5.93%
    Not provided 93 $16,625,000 $178,763 $2,410 5.09%
    Asian 23 $4,215,000 $183,261 $2,326 5.11%
    Chinese 1 $645,000 $645,000 $3,176 4.95%
    Other Asian 1 $285,000 $285,000 $1,739 3.15%
    American Indian 1 $285,000 $285,000 $1,664 3.75%
    Asian Indian 1 $65,000 $65,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    88.69%

    Bankplus has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.91%

    Bankplus has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    196.0 7 $105,000 $15,000
    234.0 1 $25,000 $25,000
    246.0 1 $15,000 $15,000
    80.0 1 $5,000 $5,000
    NA 1,867 $318,525,000 $170,608

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 18 $11,000,000 $611,111
    Single Family (1-4 Units):Manufactured 36 $1,180,000 $32,778
    Single Family (1-4 Units):Site-Built 1,823 $306,495,000 $168,127

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 247 $26,835,000 $108,644 $1,838 5.60%
    40-60% 218 $38,920,000 $178,532 $2,418 5.49%
    60-80% 467 $87,195,000 $186,713 $2,503 5.19%
    80-100% 656 $143,600,000 $218,902 $2,597 4.93%
    Over 100% 48 $11,140,000 $232,083 $3,500 4.79%
    Under 20% 241 $10,985,000 $45,581 $1,108 6.08%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 4 14.8%
    BANK OF THE WEST Conventional home mortgage Trouble during payment process 1 3.7%
    BANK OF THE WEST Conventional home mortgage Struggling to pay mortgage 1 3.7%
    BANK OF THE WEST Conventional home mortgage Closing on a mortgage 2 7.4%
    BANK OF THE WEST Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 4 14.8%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Closing on a mortgage 1 3.7%
    BANK OF THE WEST FHA mortgage Closing on a mortgage 1 3.7%
    BANK OF THE WEST VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 3.7%
    BANK OF THE WEST Other type of mortgage Trouble during payment process 3 11.1%
    BANK OF THE WEST Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 3.7%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Trouble during payment process 5 18.5%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Struggling to pay mortgage 1 3.7%
    BANK OF THE WEST Home equity loan or line of credit (HELOC) Incorrect information on your report 2 7.4%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    BankPlus High Street Shubuta, MS 39360 Full Service B&M $3,086
    BankPlus 100 Court Square Lexington, MS 39095 Full Service B&M $101,527
    BankPlus 100 Julia Street Isola, MS 38754 Full Service B&M $2,045
    BankPlus 100 Orleans Way Brandon, MS 39042 Full Service B&M $59,970
    BankPlus 1010 Highland Colony Parkway Ridgeland, MS 39157 Full Service B&M $64,004
    BankPlus 102 Johnston Place Clinton, MS 39056 Full Service B&M $58,828
    BankPlus 105 S Main Street Poplarville, MS 39470 Full Service B&M $31,908
    BankPlus 105 Webster Circle Madison, MS 39110 Full Service B&M $84,005
    BankPlus 108 N. Broadway Tupelo, MS 38804 Full Service B&M $36,590
    BankPlus 108 West Cynthia Street Clinton, MS 39056 Full Service B&M $38,238
    BankPlus 115 Williams Street Picayune, MS 39466 Full Service B&M $17,321
    BankPlus 1200 Eastover Drive Jackson, MS 39211 Full Service B&M $45,137
    BankPlus 1243 Gluckstadt Road Madison, MS 39110 Full Service B&M $38,544
    BankPlus 129 S. Frontage Road Newton, MS 39345 Full Service B&M $32,729
    BankPlus 15351 North Jackson Street Durant, MS 39063 Full Service B&M $3,384
    BankPlus 1845 Spillway Road Brandon, MS 39047 Full Service B&M $56,637
    BankPlus 1911 North Hills Street Meridian, MS 39305 Full Service B&M $16,832
    BankPlus 193 Promenade Boulevard Flowood, MS 39232 Full Service B&M $29,984
    BankPlus 1930 Hwy. 19 N Meridian, MS 39307 Full Service B&M $5,611
    BankPlus 200 Jerry Clower Boulevard Yazoo City, MS 39194 Full Service B&M $74,033
    BankPlus 202 Jackson Street Belzoni, MS 39038 Full Service B&M $100,183
    BankPlus 2020 Strawberry Hill Drive Madison, MS 39110 Full Service B&M $92,006
    BankPlus 206 Main Street Tchula, MS 39169 Full Service B&M $3,385
    BankPlus 210 East Broadway Yazoo City, MS 39194 Full Service B&M $13,461
    BankPlus 215 22nd Street Meridian, MS 39301 Full Service B&M $38,339
    BankPlus 217 Clinton Boulevard Clinton, MS 39056 Full Service B&M $50,005
    BankPlus 220 East Side Railroad Street Bentonia, MS 39040 Full Service B&M $5,171
    BankPlus 2304 Goodman Road Horn Lake, MS 38637 Full Service B&M $19,575
    BankPlus 2351 Lakeland Drive Flowood, MS 39232 Full Service B&M $53,305
    BankPlus 241 West Government Street Brandon, MS 39042 Full Service B&M $49,974
    BankPlus 2925 Terry Road Jackson, MS 39215 Full Service B&M $35,107
    BankPlus 300 Nissan Drive Canton, MS 39046 Full Service B&M $18,984
    BankPlus 301 S Archusa Ave Quitman, MS 39355 Full Service B&M $70,208
    BankPlus 3045 Goodman Road Southaven, MS 38672 Full Service B&M $19,573
    BankPlus 3100 North State Street, Suite 100 Jackson, MS 39216 Full Service B&M $30,091
    BankPlus 3366 North Liberty Street Canton, MS 39046 Full Service B&M $71,714
    BankPlus 3993 North Gloster Street Tupelo, MS 38804 Full Service B&M $1,663
    BankPlus 4001 West Main Street Tupelo, MS 38804 Full Service B&M $3,326
    BankPlus 406 Riverwind Drive Pearl, MS 39208 Full Service B&M $46,642
    BankPlus 420 Northpark Drive Ridgeland, MS 39157 Full Service B&M $72,004
    BankPlus 4837 Main Street Flora, MS 39071 Full Service B&M $124,108
    BankPlus 4950 Venture Drive Southaven, MS 38671 Full Service B&M $19,574
    BankPlus 509 Lakeland Place Brandon, MS 39047 Full Service B&M $36,647
    BankPlus 510 Highway 51 Ridgeland, MS 39157 Full Service B&M $88,005
    BankPlus 6410 Watkins Dr Jackson, MS 39213 Full Service B&M $35,107
    BankPlus 6644 Airways Boulevard Southaven, MS 38671 Full Service B&M $26,097
    BankPlus 712 East Fifteenth Street Yazoo City, MS 39194 Full Service B&M $40,382
    BankPlus 730 Adkins Boulevard Jackson, MS 39211 Full Service B&M $55,167
    BankPlus 7340 S Siwell Rd Byram, MS 39272 Full Service B&M $85,733
    BankPlus 885 East Commerce Street Hernando, MS 38632 Full Service B&M $19,571
    BankPlus 888 Highway 16 West Holly Bluff, MS 39088 Full Service B&M $6,730
    BankPlus 8990 Pigeon Roost Road Olive Branch, MS 38654 Full Service B&M $26,099
    BankPlus 912 Dalton Street Jackson, MS 39203 Full Service B&M $50,152
    BankPlus 913 Mississippi Drive Waynesboro, MS 39367 Full Service B&M $32,974
    BankPlus 951 Highway 43 South Picayune, MS 39466 Full Service B&M $41,936
    BankPlus North 1st And Lexington Streets Pickens, MS 39146 Full Service B&M $4,512
    BankPlus State Highway 513 Stonewall, MS 39363 Full Service B&M $3,858

    For 2018, Bankplus had 57 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $110,840
    Net interest income $100,644
    Total noninterest income $46,077
    Gross Fiduciary activities income $5,885
    Service charges on deposit accounts $28,923
    Trading account gains and fees $0
    Additional Noninterest Income $11,269
    Pre-tax net operating income $23,163
    Securities gains (or losses, -) $25
    Income before extraordinary items $20,388
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $20,388
    Minority interest net income $0
    Net income $20,388
    Sale, conversion, retirement of capital stock, net $193
    Net operating income $20,366

    Bankplus's gross interest income from loans was $110,840,000.
    Bankplus's net interest income from loans was $100,644,000.
    Bankplus's fee based income from loans was $28,923,000.
    Bankplus's net income from loans was $20,388,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $10,196
    Provision for credit losses $15,143
    Total noninterest expense $108,415
    Salaries and employee benefits $62,825
    Premises and equipment expense $17,140
    Additional noninterest expense $28,450
    Applicable income taxes $2,800
    Net charge-offs $9,643
    Cash dividends $16,200

    Bankplus's interest expense for loans was $10,196,000.
    Bankplus's payroll and benefits expense were $62,825,000.
    Bankplus's property, plant and equipment expenses $17,140,000.

    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 1.0%
    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 $2,466,922
    Deposits held in domestic offices $2,466,922
    Deposits by Individuals, partnerships, and corporations $2,117,600
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $345,423
    Deposits by Commercial banks and other depository institutions in U.S. $3,899
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $447,483
    Demand deposits $357,981
    Nontransaction accounts $2,019,439
    Money market deposit accounts (MMDAs) $1,409,679
    Other savings deposits (excluding MMDAs) $213,848
    Total time deposits $395,912
    Total time and savings deposits $2,108,941
    Noninterest-bearing deposits $639,608
    Interest-bearing deposits $1,827,314
    Retail deposits $2,351,781
    IRAs and Keogh plan accounts $46,566
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,761,289
    Cash & Balances due from depository institutions $145,197
    Interest-bearing balances $93,693
    Total securities $381,896
    Federal funds sold & reverse repurchase $0
    Net loans and leases $2,056,544
    Loan and leases loss allowance $24,500
    Trading account assets $0
    Bank premises and fixed assets $75,275
    Other real estate owned $6,469
    Goodwill and other intangibles $3,325
    All other assets $92,583

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,761,289
    Total Liabilities $2,495,856
    Total deposits $2,466,922
    Interest-bearing deposits $1,827,314
    Deposits held in domestic offices $2,466,922
    % insured (estimated) $76
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $21,307
    Subordinated debt $0
    All other liabilities $7,627

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $2,056,544
    Loan and leases loss allowance $24,500
    Total loans and leases (domestic) $2,081,044
    All real estate loans $1,617,877
    Real estate loans in domestic offices $1,617,877
    Construction and development loans $219,548
    Residential 1-4 family construction $58,846
    Other construction, all land development and other land $160,702
    Loans secured by nonfarm nonresidential properties $622,226
    Nonfarm nonresidential secured by owner-occupied properties $340,712
    Commercial real estate & other non-farm, non-residential $281,514
    Multifamily residential real estate $41,852
    1-4 family residential loans $577,712
    Farmland loans $156,539
    Loans held in foreign offices $0
    Farm loans $76,151
    Commercial and industrial loans $319,305
    To non-U.S. addressees $0
    Loans to individuals $61,346
    Credit card loans $0
    Related Plans $13,274
    Consumer Auto Loans $16,645
    Other loans to individuals $31,427
    All other loans & leases $6,365
    Loans to foreign governments and official institutions $0
    Other loans $6,365
    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 $3,878
    Non 1-4 family restructured loans & leases $1,854
    Total loans and leases (foreign) $0

    BankPlus had $2,056,544,000 of loans outstanding in 2018. $1,617,877,000 of loans were in real estate loans. $219,548,000 of loans were in development loans. $41,852,000 of loans were in multifamily mortgage loans. $577,712,000 of loans were in 1-4 family mortgage loans. $76,151,000 of loans were in farm loans. $0 of loans were in credit card loans. $16,645,000 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 865 $188,584 $218,016
    Nonfarm, nonresidential loans - <$100k 219 $9,363 $42,753
    Nonfarm, nonresidential loans - $100-250k 308 $40,513 $131,536
    Nonfarm, nonresidential loans - $250k-1MM 338 $138,708 $410,379
    Commercial & Industrial, US addressed loans - <$1MM 2,543 $144,671 $56,890
    Commercial & Industrial, US addressed loans - <$100k 2,052 $40,645 $19,808
    Commercial & Industrial, US addressed loans - $100-250k 268 $27,198 $101,485
    Commercial & Industrial, US addressed loans - $250k-1MM 223 $76,828 $344,520
    Farmland loans - <$1MM 617 $56,871 $92,173
    Farmland loans - <$100k 390 $14,803 $37,956
    Farmland loans - $100-250k 140 $18,423 $131,593
    Farmland loans - $250k-1MM 87 $23,645 $271,782
    Agriculture operations loans - <$1MM 633 $28,520 $45,055
    Agriculture operations loans - <$100k 518 $10,420 $20,116
    Agriculture operations loans - $100-250k 76 $8,473 $111,487
    Agriculture operations loans - $250k-1MM 39 $9,627 $246,846