Morton Community Bank Rates, Fees & Info

Morton, IL

LEI: 549300SNZET0P5BZ3J56

Tax ID: 37-0808298

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
  • 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

    Morton Community Bank is a smaller bank specializing in Home Purchase and Refi loans. Morton Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Peoria, Champaign, Lafayette, Macomb, and Bloomington among others. We have data for 27 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Morton Community Bank has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders. Morton Community 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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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 4/18/24
    30 Year Conventional Purchase 6.79% 4/18/24
    30 Year Conventional Refi 6.86% 4/18/24
    30 Year Cash-out Refi 6.86% 4/18/24
    15 Year Conventional Purchase 6.04% 4/18/24
    15 Year Conventional Refi 6.35% 4/18/24
    15 Year Cash-out Refi 6.35% 4/18/24
    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.

    Morton Community Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Morton Community 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

    946

    Origination Dollar Volume (All Markets)

    $205,780,000

    Employee count

    428

    Awards

    Morton Community Bank 30 Year Conventional Loans gold Morton Community Bank 30 Year Conventional Loans silver
    Show all (2) 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
    PEORIA, IL (FHA|USDA|VA) 710 $112,580,000 $158,563 $2,033 4.79%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 22 $47,120,000 $2,141,818 $2,330 4.76%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 2 $19,270,000 $9,635,000 $2,004 4.69%
    Outside of Metro Areas 84 $8,080,000 $96,190 $1,939 4.75%
    Macomb, IL (FHA|USDA|VA) 32 $3,440,000 $107,500 $2,103 4.90%
    BLOOMINGTON, IL (FHA|USDA|VA) 25 $3,215,000 $128,600 $1,928 4.71%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 9 $3,105,000 $345,000 $3,767 4.74%
    Galesburg, IL (FHA|USDA|VA) 10 $1,790,000 $179,000 $1,826 4.44%
    Pontiac, IL (FHA|USDA|VA) 10 $1,440,000 $144,000 $2,033 5.08%
    Charleston-Mattoon, IL (FHA|USDA|VA) 7 $795,000 $113,571 $2,056 4.82%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 3 $725,000 $241,667 $2,738 4.93%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $720,000 $360,000 $2,887 4.25%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $605,000 $201,667 $5,076 4.67%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 5 $505,000 $101,000 $2,021 4.73%
    BEND, OR (FHA|USDA|VA) 1 $425,000 $425,000 $3,605 5.00%
    SPRINGFIELD, IL (FHA|USDA|VA) 2 $280,000 $140,000 $1,939 4.56%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 5 $275,000 $55,000 $1,780 5.13%
    Breckenridge, CO (FHA|USDA|VA) 1 $245,000 $245,000 $2,743 4.88%
    DECATUR, IL (FHA|USDA|VA) 4 $190,000 $47,500 $1,926 5.91%
    FORT WAYNE, IN (FHA|USDA|VA) 1 $165,000 $165,000 $1,840 4.88%
    Burlington, IA-IL (FHA|USDA|VA) 1 $145,000 $145,000 $2,274 4.75%
    DANVILLE, IL (FHA|USDA|VA) 1 $135,000 $135,000 $1,987 4.50%
    Ottawa, IL (FHA|USDA|VA) 2 $130,000 $65,000 $2,217 4.63%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $125,000 $125,000 $2,498 4.00%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $105,000 $105,000 $2,073 5.13%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $95,000 $95,000 $1,556 4.25%
    Lincoln, IL (FHA|USDA|VA) 1 $75,000 $75,000 $1,784 5.00%
    Morton Community Bank's top markets include Peoria, Champaign, Lafayette, Macomb, and Bloomington among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)

    • Similar Lenders

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

    First Bankers Trust Company
    Similarity Rank: 20
    UNITED
    Similarity Rank: 28
    First Bank & Trust IL
    Similarity Rank: 45
    The Fisher National Bank
    Similarity Rank: 90
    Liberty Bank for Savings
    Similarity Rank: 104
    R.I.A. Federal Credit Union
    Similarity Rank: 120
    THE FAMILY CREDIT UNION
    Similarity Rank: 125
    ASCENTRA
    Similarity Rank: 156
    ILLINOIS STATE CREDIT UNION
    Similarity Rank: 228
    VERIDIAN CREDIT UNION
    Similarity Rank: 230

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 946 $205,780,000 $217,526 $2,056 4.79%

    For 2018, Morton Community Bank's most frequently originated type of loan was Conventional, with 946 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 612 $148,420,000 $242,516 $2,129 4.79%
    Refi 212 $43,120,000 $203,396 $1,986 4.83%
    Cash Out Refi 88 $10,210,000 $116,023 $1,868 4.70%
    Home Improvement 23 $2,645,000 $115,000 $1,854 4.81%
    Other 11 $1,385,000 $125,909 $1,673 4.85%

    For 2018, Morton Community Bank's most frequently cited loan purpose was Home Purchase, with 612 originations. The 2nd most popular reason was Refi, with 212 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 504 $70,330,000 $139,544 $2,119 4.80%
    15 Year 160 $17,710,000 $110,688 $1,827 4.40%
    5 Year 139 $58,595,000 $421,547 $1,148 5.23%
    20 Year 57 $7,305,000 $128,158 $2,236 4.70%
    10 Year 42 $26,880,000 $640,000 $1,839 4.68%
    Other 22 $18,090,000 $822,273 $2,120 4.97%
    1 Year 13 $1,235,000 $95,000 $0 5.19%
    3 Year 8 $5,260,000 $657,500 $0 4.88%
    30+ year 1 $375,000 $375,000 $3,050 4.88%

    For 2018, Morton Community Bank's most frequently cited loan duration was 30 Year, with 504 originations. The 2nd most popular length was 15 Year, with 160 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 697 $90,405,000 $129,706
    $1k-2k 9 $1,355,000 $150,556
    $5k+ 6 $1,870,000 $311,667
    $2k-3k 2 $310,000 $155,000
    $4k-5k 2 $950,000 $475,000

    Morton Community Bank's average total fees were $2,119, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 697 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 614 $156,490,000 $254,870
    5-6% 255 $37,875,000 $148,529
    3-4% 71 $10,465,000 $147,394
    6-7% 6 $950,000 $158,333

    During 2018, Morton Community Bank's average interest rate for loans was 4.80%, while their most frequently originated rate bucket for loans was 4-5%, with 614 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 452 $27,360,000 $60,531 $1,829 4.90%
    $100k-200k 314 $43,600,000 $138,854 $1,984 4.70%
    $200k-400k 131 $34,885,000 $266,298 $2,634 4.64%
    $400k-600k 27 $12,835,000 $475,370 $3,561 4.82%
    $1MM+ 19 $85,005,000 $4,473,947 $0 4.82%
    $600k-1MM 3 $2,095,000 $698,333 $6,548 4.83%

    2018 saw Morton Community Bank place emphasis on $100,000 or less loans with 452 originations, totaling $27,360,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 213 $21,755,000 $102,136 $1,984 4.75%
    $50k or less 210 $16,320,000 $77,714 $1,868 4.85%
    $100k-150k 149 $22,295,000 $149,631 $2,141 4.73%
    $75k-100k 137 $17,635,000 $128,723 $2,008 4.76%
    $150k-250k 77 $15,905,000 $206,558 $2,648 4.68%
    $250k+ 45 $11,885,000 $264,111 $2,832 4.55%

    Morton Community Bank lent most frequently to those with incomes in the $50k-75k range, with 213 originations. The second most popular income band? $50k or less, with 210 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 247 $29,685,000 $120,182 $1,990 4.72%
    30-36% 150 $19,470,000 $129,800 $2,108 4.72%
    <20% 118 $12,580,000 $106,610 $1,930 4.60%
    39% 36 $4,300,000 $119,444 $1,976 4.89%
    >60% 30 $6,790,000 $226,333 $2,053 5.05%
    40% 29 $4,915,000 $169,483 $2,402 4.70%
    36% 29 $3,565,000 $122,931 $2,203 4.83%
    41% 25 $4,775,000 $191,000 $2,241 4.68%
    37% 20 $2,200,000 $110,000 $1,892 4.70%
    44% 20 $2,950,000 $147,500 $1,926 4.93%
    43% 18 $2,230,000 $123,889 $2,342 4.92%
    42% 17 $1,815,000 $106,765 $2,134 4.73%
    45% 13 $1,945,000 $149,615 $1,868 4.83%
    48% 13 $1,765,000 $135,769 $2,576 4.46%
    46% 12 $1,920,000 $160,000 $1,911 4.70%
    38% 11 $1,775,000 $161,364 $2,242 4.66%
    49% 11 $1,135,000 $103,182 $1,959 4.64%
    47% 8 $1,390,000 $173,750 $2,073 4.55%
    50-60% 6 $530,000 $88,333 $1,930 5.23%

    Morton Community Bank lent most frequently to those with DTI ratios of 20-30%, with 247 originations. The next most common DTI ratio? 30-36%, with 150 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 824 $107,590,000 $130,570 $2,056 4.76%
    Not applicable 87 $94,125,000 $1,081,897 $0 5.11%
    Not provided 18 $2,390,000 $132,778 $1,940 4.88%
    Asian 5 $675,000 $135,000 $2,049 4.23%
    Black 9 $665,000 $73,889 $2,678 5.11%
    Asian Indian 2 $270,000 $135,000 $1,803 4.56%
    American Indian 1 $65,000 $65,000 $2,006 5.00%

    Approval Rates

    Total approvals of all applications
    85.19%

    Morton Community Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    90.17%

    Morton Community Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 946 $205,780,000 $217,526

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 45 $92,955,000 $2,065,667
    Single Family (1-4 Units):Manufactured 3 $165,000 $55,000
    Single Family (1-4 Units):Site-Built 898 $112,660,000 $125,457

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 60 $12,270,000 $204,500 $1,682 4.88%
    40-60% 120 $45,010,000 $375,083 $1,955 4.66%
    60-80% 404 $100,740,000 $249,356 $2,188 4.79%
    80-100% 339 $43,325,000 $127,802 $2,038 4.82%
    Over 100% 7 $2,885,000 $412,143 $2,271 5.09%
    Under 20% 16 $1,550,000 $96,875 $1,259 5.01%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Morton Community Bank 1100 West Jackson Street Macomb, IL 61455 Limited, Drive-thru $0
    Morton Community Bank 100 South Chestnut Tremont, IL 61568 Full Service B&M $55,448
    Morton Community Bank 101 East Evergreen Street Elmwood, IL 61529 Full Service B&M $12,723
    Morton Community Bank 101 S Jefferson Washburn, IL 61570 Limited, Drive-thru $30,135
    Morton Community Bank 105 East Main Street Princeville, IL 61559 Full Service B&M $13,660
    Morton Community Bank 105 South Adams Manito, IL 61546 Full Service B&M $48,452
    Morton Community Bank 119 West 5th Street Minonk, IL 61760 Full Service B&M $85,850
    Morton Community Bank 12223 W Farmington Road Hanna City, IL 61536 Full Service B&M $29,134
    Morton Community Bank 127 South Side Square Macomb, IL 61455 Full Service B&M $227,013
    Morton Community Bank 1301 South Main Street Morton, IL 61550 Full Service B&M $42,312
    Morton Community Bank 139 South Vine Street Arthur, IL 61911 Limited, Drive-thru $0
    Morton Community Bank 14 Main Street Speer, IL 61479 Full Service B&M $86,774
    Morton Community Bank 1400 East Jackson Street Macomb, IL 61455 Limited, Drive-thru $0
    Morton Community Bank 147 East Fort Street Farmington, IL 61531 Full Service B&M $10,077
    Morton Community Bank 1605 North Tremont Street Spring Bay, IL 61611 Full Service B&M $9,565
    Morton Community Bank 1881 Washington Road Washington, IL 61571 Full Service B&M $83,334
    Morton Community Bank 201 North Main Street Toluca, IL 61369 Full Service B&M $39,908
    Morton Community Bank 201clock Tower Dr East Peoria, IL 61611 Full Service B&M $120,659
    Morton Community Bank 205 South Main Street Eureka, IL 61530 Full Service B&M $62,442
    Morton Community Bank 218 North Main Street Morton, IL 61550 Full Service B&M $78,106
    Morton Community Bank 2301 Washington Road East Peoria, IL 61611 Full Service B&M $28,822
    Morton Community Bank 2400 East Washington Road East Peoria, IL 61611 Full Service B&M $201,119
    Morton Community Bank 2807 E. Empire Street Bloomington, IL 61704 Full Service B&M $73,819
    Morton Community Bank 3100 West Harmon Highway Peoria, IL 61604 Full Service B&M $31,975
    Morton Community Bank 313 5th Street Lacon, IL 61540 Full Service B&M $20,206
    Morton Community Bank 3420 W Willow Knolls Drive Peoria, IL 61614 Full Service B&M $26,381
    Morton Community Bank 411 South Vine Street Arthur, IL 61911 Full Service B&M $108,160
    Morton Community Bank 416 West Front Street Roanoke, IL 61561 Full Service B&M $86,773
    Morton Community Bank 4488 N Prospect Road Peoria Heights, IL 61616 Full Service B&M $26,056
    Morton Community Bank 4730 North University Street Peoria, IL 61614 Full Service B&M $142,275
    Morton Community Bank 601 Court St Pekin, IL 61554 Full Service B&M $129,895
    Morton Community Bank 615 North Trivoli Avenue Trivoli, IL 61569 Full Service B&M $28,665
    Morton Community Bank 617 West Garfield Avenue Bartonville, IL 61607 Full Service B&M $14,105
    Morton Community Bank 6907 North Knoxville Avenue Peoria, IL 61614 Full Service B&M $57,187
    Morton Community Bank 701 N Minier Ave Minier, IL 61759 Full Service B&M $54,696
    Morton Community Bank 721 West Jackson Street Morton, IL 61550 Full Service B&M $904,776
    Morton Community Bank 7620 North University Street Peoria, IL 61614 Full Service B&M $55,028
    Morton Community Bank 804 West Oak Street Fairbury, IL 61739 Full Service B&M $37,634
    Morton Community Bank Main Street And Penn Avenue Roseville, IL 61473 Full Service B&M $20,725

    For 2018, Morton Community Bank had 39 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $138,609
    Net interest income $105,559
    Total noninterest income $15,209
    Gross Fiduciary activities income $1,093
    Service charges on deposit accounts $2,723
    Trading account gains and fees $0
    Additional Noninterest Income $11,393
    Pre-tax net operating income $55,646
    Securities gains (or losses, -) $8
    Income before extraordinary items $55,111
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $55,111
    Minority interest net income $-6
    Net income $55,117
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $55,103

    Morton Community Bank's gross interest income from loans was $138,609,000.
    Morton Community Bank's net interest income from loans was $105,559,000.
    Morton Community Bank's fee based income from loans was $2,723,000.
    Morton Community Bank's net income from loans was $55,117,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $33,050
    Provision for credit losses $3,400
    Total noninterest expense $61,722
    Salaries and employee benefits $35,993
    Premises and equipment expense $6,525
    Additional noninterest expense $19,204
    Applicable income taxes $543
    Net charge-offs $3,693
    Cash dividends $16,000

    Morton Community Bank's interest expense for loans was $33,050,000.
    Morton Community Bank's payroll and benefits expense were $35,993,000.
    Morton Community Bank's property, plant and equipment expenses $6,525,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 2.0%
    HELOC loans 0.0%
    All other family 2.0%
    Commercial & industrial loans 1.0%
    Personal loans 0.0%
    Credit card loans 0.2%
    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 $2,954,697
    Deposits held in domestic offices $2,954,697
    Deposits by Individuals, partnerships, and corporations $2,367,714
    Deposits by U.S. Government $3
    Deposits by States and political subdivisions in the U.S. $571,440
    Deposits by Commercial banks and other depository institutions in U.S. $15,540
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $448,716
    Demand deposits $420,453
    Nontransaction accounts $2,505,981
    Money market deposit accounts (MMDAs) $666,582
    Other savings deposits (excluding MMDAs) $1,061,366
    Total time deposits $778,033
    Total time and savings deposits $2,534,244
    Noninterest-bearing deposits $395,442
    Interest-bearing deposits $2,559,255
    Retail deposits $2,542,132
    IRAs and Keogh plan accounts $80,762
    Brokered deposits $302,518
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $3,756,930
    Cash & Balances due from depository institutions $94,051
    Interest-bearing balances $48,464
    Total securities $814,377
    Federal funds sold & reverse repurchase $238
    Net loans and leases $2,676,197
    Loan and leases loss allowance $24,200
    Trading account assets $0
    Bank premises and fixed assets $42,967
    Other real estate owned $15,998
    Goodwill and other intangibles $32,214
    All other assets $80,888

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $3,756,931
    Total Liabilities $3,358,238
    Total deposits $2,954,697
    Interest-bearing deposits $2,559,255
    Deposits held in domestic offices $2,954,697
    % insured (estimated) $83
    Federal funds purchased and repurchase agreements $12,185
    Trading liabilities $0
    Other borrowed funds $378,550
    Subordinated debt $0
    All other liabilities $12,806

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $2,676,197
    Loan and leases loss allowance $24,200
    Total loans and leases (domestic) $2,700,397
    All real estate loans $1,909,485
    Real estate loans in domestic offices $1,909,485
    Construction and development loans $148,463
    Residential 1-4 family construction $12,541
    Other construction, all land development and other land $135,922
    Loans secured by nonfarm nonresidential properties $831,571
    Nonfarm nonresidential secured by owner-occupied properties $379,125
    Commercial real estate & other non-farm, non-residential $452,446
    Multifamily residential real estate $301,025
    1-4 family residential loans $410,726
    Farmland loans $217,700
    Loans held in foreign offices $0
    Farm loans $116,702
    Commercial and industrial loans $477,723
    To non-U.S. addressees $0
    Loans to individuals $82,650
    Credit card loans $3,158
    Related Plans $44,385
    Consumer Auto Loans $11,485
    Other loans to individuals $23,622
    All other loans & leases $115,093
    Loans to foreign governments and official institutions $0
    Other loans $21,389
    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 $17,710
    Non 1-4 family restructured loans & leases $16,224
    Total loans and leases (foreign) $0

    Morton Community Bank had $2,676,197,000 of loans outstanding in 2018. $1,909,485,000 of loans were in real estate loans. $148,463,000 of loans were in development loans. $301,025,000 of loans were in multifamily mortgage loans. $410,726,000 of loans were in 1-4 family mortgage loans. $116,702,000 of loans were in farm loans. $3,158,000 of loans were in credit card loans. $11,485,000 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 918 $209,520 $228,235
    Nonfarm, nonresidential loans - <$100k 247 $11,922 $48,267
    Nonfarm, nonresidential loans - $100-250k 279 $38,564 $138,222
    Nonfarm, nonresidential loans - $250k-1MM 392 $159,034 $405,699
    Commercial & Industrial, US addressed loans - <$1MM 5,098 $205,110 $40,233
    Commercial & Industrial, US addressed loans - <$100k 4,155 $47,804 $11,505
    Commercial & Industrial, US addressed loans - $100-250k 570 $52,409 $91,946
    Commercial & Industrial, US addressed loans - $250k-1MM 373 $104,897 $281,225
    Farmland loans - <$1MM 630 $101,208 $160,648
    Farmland loans - <$100k 199 $9,123 $45,844
    Farmland loans - $100-250k 228 $31,950 $140,132
    Farmland loans - $250k-1MM 203 $60,135 $296,232
    Agriculture operations loans - <$1MM 1,134 $73,013 $64,385
    Agriculture operations loans - <$100k 786 $19,831 $25,230
    Agriculture operations loans - $100-250k 234 $25,549 $109,184
    Agriculture operations loans - $250k-1MM 114 $27,633 $242,395