Equity Bank Mortgage Rates, Fees & Info

Andover, KS

LEI: 549300TJF420N3F01V87

Tax ID: 48-0987182

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

Review & Overview

Equity Bank is a smaller bank specializing in Refi and Home Purchase loans. Equity Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Kansas City, Wichita, Harrison, Oklahoma City, and Pittsburg among others. We have data for 53 markets. (Some data included below & more in-depth data is available with an active subscription.)

Equity 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. Equity Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™ Mortgage Type	Simulated Rate	Simulation Date
Home Equity Line of Credit (HELOC)	6.27%	4/18/24
30 Year Conventional Purchase	6.59%	4/18/24
30 Year Conventional Refi	6.31%	4/18/24
30 Year Cash-out Refi	6.75%	4/18/24
30 Year FHA Purchase	7.09%	4/18/24
30 Year VA Purchase	6.27%	4/18/24
30 Year USDA Purchase	7.05%	4/18/24
15 Year Conventional Purchase	6.30%	4/18/24
15 Year Conventional Refi	6.15%	4/18/24
15 Year Cash-out Refi	6.15%	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.

Equity Bank Mortgage Calculator

Purchase Price:

Loan Amount:

Deposit Amount:

% Deposit:

Interest Rate:

Loan Type:

Your Estimates

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

This is not an official calculator from Equity Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.

Originations

1,017

Origination Dollar Volume (All Markets)

$181,765,000

Employee count

623

Awards

Equity Bank 30 Year Conventional Loans gold

Equity Bank 30 Year Conventional Loans silver

Equity Bank 30 Year Conventional Loans bronze

Show all (14) 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
KANSAS CITY, MO-KS (FHA\|USDA\|VA)	155	$31,345,000	$202,226	$2,685	3.98%
Outside of Metro Areas	202	$30,470,000	$150,842	$2,862	4.13%
WICHITA, KS (FHA\|USDA\|VA)	86	$16,860,000	$196,047	$2,407	3.48%
Harrison, AR (FHA\|USDA\|VA)	128	$16,400,000	$128,125	$2,551	3.58%
OKLAHOMA CITY, OK (FHA\|USDA\|VA)	4	$9,080,000	$2,270,000	$0	4.00%
Pittsburg, KS (FHA\|USDA\|VA)	41	$7,665,000	$186,951	$3,400	3.37%
Guymon, OK (FHA\|USDA\|VA)	75	$6,795,000	$90,600	$4,362	4.87%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA\|USDA\|VA)	33	$6,705,000	$203,182	$3,243	3.33%
TULSA, OK (FHA\|USDA\|VA)	26	$6,470,000	$248,846	$4,119	4.21%
Liberal, KS (FHA\|USDA\|VA)	20	$5,690,000	$284,500	$2,209	5.18%
Warrensburg, MO (FHA\|USDA\|VA)	32	$5,170,000	$161,563	$2,677	4.44%
Ponca City, OK (FHA\|USDA\|VA)	50	$4,710,000	$94,200	$3,880	4.75%
Hays, KS (FHA\|USDA\|VA)	23	$3,935,000	$171,087	$3,082	3.24%
Coffeyville, KS (FHA\|USDA\|VA)	36	$3,600,000	$100,000	$3,064	3.85%
JONESBORO, AR (FHA\|USDA\|VA)	1	$3,415,000	$3,415,000	$0	4.27%
Emporia, KS (FHA\|USDA\|VA)	2	$3,410,000	$1,705,000	$0	4.25%
TOPEKA, KS (FHA\|USDA\|VA)	20	$2,840,000	$142,000	$2,238	4.55%
Sedalia, MO (FHA\|USDA\|VA)	19	$2,215,000	$116,579	$2,676	3.86%
LAWTON, OK (FHA\|USDA\|VA)	1	$2,005,000	$2,005,000	$0	4.25%
RICHMOND, VA (FHA\|USDA\|VA)	1	$1,165,000	$1,165,000	$7,968	4.50%
LAWRENCE, KS (FHA\|USDA\|VA)	6	$1,140,000	$190,000	$2,352	3.86%
Branson, MO (FHA\|USDA\|VA)	3	$925,000	$308,333	$3,065	3.67%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA\|USDA\|VA)	1	$885,000	$885,000	$6,166	3.88%
Garden City, KS (FHA\|USDA\|VA)	1	$885,000	$885,000	$0	4.76%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	3	$785,000	$261,667	$2,918	2.83%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	2	$740,000	$370,000	$3,141	2.56%
Marshall, MO (FHA\|USDA\|VA)	10	$660,000	$66,000	$2,691	5.29%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA\|USDA\|VA)	1	$565,000	$565,000	$0	4.09%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA\|USDA\|VA)	1	$475,000	$475,000	$0	4.89%
SPRINGFIELD, MO (FHA\|USDA\|VA)	4	$440,000	$110,000	$2,644	4.10%
ST. JOSEPH, MO-KS (FHA\|USDA\|VA)	5	$425,000	$85,000	$0	5.30%
FORT COLLINS, CO (FHA\|USDA\|VA)	1	$395,000	$395,000	$2,308	2.63%
IOWA CITY, IA (FHA\|USDA\|VA)	1	$325,000	$325,000	$2,333	3.38%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA\|USDA\|VA)	1	$305,000	$305,000	$2,882	2.63%
COLUMBIA, MO (FHA\|USDA\|VA)	1	$295,000	$295,000	$2,159	3.75%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA\|USDA\|VA)	1	$255,000	$255,000	$2,596	2.50%
Mountain Home, AR (FHA\|USDA\|VA)	2	$250,000	$125,000	$3,582	2.31%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA\|USDA\|VA)	1	$235,000	$235,000	$2,806	2.88%
Ottawa, KS (FHA\|USDA\|VA)	1	$215,000	$215,000	$2,295	2.75%
PEORIA, IL (FHA\|USDA\|VA)	1	$185,000	$185,000	$3,161	4.75%
BOULDER, CO (FHA\|USDA\|VA)	1	$155,000	$155,000	$0	2.88%
Russellville, AR (FHA\|USDA\|VA)	1	$155,000	$155,000	$1,713	3.13%
Portales, NM (FHA\|USDA\|VA)	1	$155,000	$155,000	$0	4.78%
NAPLES-MARCO ISLAND, FL (FHA\|USDA\|VA)	1	$145,000	$145,000	$0	4.50%
AMARILLO, TX (FHA\|USDA\|VA)	1	$135,000	$135,000	$2,869	3.00%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	4.77%
Parsons, KS (FHA\|USDA\|VA)	2	$130,000	$65,000	$3,125	3.00%
Batesville, AR (FHA\|USDA\|VA)	1	$105,000	$105,000	$1,997	2.75%
Great Bend, KS (FHA\|USDA\|VA)	1	$85,000	$85,000	$3,700	2.88%
ENID, OK (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	5.71%
EL PASO, TX (FHA\|USDA\|VA)	1	$65,000	$65,000	$2,613	3.99%
Winfield, KS (FHA\|USDA\|VA)	2	$60,000	$30,000	$0	6.32%
Bartlesville, OK (FHA\|USDA\|VA)	1	$35,000	$35,000	$0	4.50%

Equity Bank's top markets include Kansas City, Wichita, Harrison, Oklahoma City, and Pittsburg among others.

Their top states include:

Kansas (FHA|USDA|VA)

Arkansas (FHA|USDA|VA)

Missouri (FHA|USDA|VA)

Oklahoma (FHA|USDA|VA)

Colorado (FHA|USDA|VA)

Similar Lenders

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

F & M Bank
Similarity Rank: 94

Bank of the Flint Hills
Similarity Rank: 108

SKYWARD
Similarity Rank: 189

GOLDEN PLAINS
Similarity Rank: 190

HNB National Bank
Similarity Rank: 195

First Community Bank
Similarity Rank: 296

Wichita Federal Credit Union
Similarity Rank: 340

HOME BANK AND TRUST COMPANY
Similarity Rank: 432

Azura Credit Union
Similarity Rank: 450

FRONTIER COMMUNITY CREDIT UNION
Similarity Rank: 553

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	847	$157,845,000	$186,358	$2,509	4.27%
USDA	80	$9,020,000	$112,750	$3,453	2.74%
FHA	58	$8,650,000	$149,138	$5,105	2.81%
VA	32	$6,250,000	$195,313	$3,316	2.67%

For 2020, Equity Bank's most frequently originated type of loan was Conventional, with 847 originations. Their 2nd most popular type was USDA, with 80 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Refi	479	$91,975,000	$192,015	$2,420	4.11%
Home Purchase	446	$75,240,000	$168,700	$3,359	3.98%
Cash Out Refi	72	$11,980,000	$166,389	$2,747	3.36%
Home Improvement	12	$540,000	$45,000	$1,563	5.21%
Other	8	$2,030,000	$253,750	$3,069	4.08%

For 2020, Equity Bank's most frequently cited loan purpose was Refi, with 479 originations. The 2nd most popular reason was Home Purchase, with 446 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	490	$87,400,000	$178,367	$3,056	3.25%
5 Year	207	$39,125,000	$189,010	$0	5.39%
15 Year	127	$21,425,000	$168,701	$2,500	3.04%
3 Year	79	$19,645,000	$248,671	$0	5.39%
Other	63	$7,155,000	$113,571	$1,758	5.16%
20 Year	21	$3,275,000	$155,952	$2,610	3.19%
1 Year	15	$1,535,000	$102,333	$0	5.99%
10 Year	14	$1,040,000	$74,286	$1,560	5.58%
30+ year	1	$1,165,000	$1,165,000	$7,968	4.50%

For 2020, Equity Bank's most frequently cited loan duration was 30 Year, with 490 originations. The 2nd most popular length was 5 Year, with 207 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$<1k	509	$84,885,000	$166,768
$1k-2k	101	$17,315,000	$171,436
$2k-3k	14	$4,770,000	$340,714
$3k-4k	9	$3,105,000	$345,000
$4k-5k	1	$375,000	$375,000
$5k+	1	$2,705,000	$2,705,000

Equity Bank's average total fees were $3,056, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 509 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
2.5-3%	233	$43,255,000	$185,644
5-6%	224	$26,900,000	$120,089
3-4%	217	$47,665,000	$219,654
4-5%	162	$38,470,000	$237,469
<2.5%	126	$22,830,000	$181,190
6-7%	39	$2,055,000	$52,692
Over 8%	10	$380,000	$38,000
7-8%	6	$210,000	$35,000

During 2020, Equity Bank's average interest rate for loans was 3.25%, while their most frequently originated rate bucket for loans was 2.5-3%, with 233 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100,000 or less	399	$22,995,000	$57,632	$2,437	4.85%
$100k-200k	377	$54,165,000	$143,674	$2,882	3.50%
$200k-400k	184	$49,190,000	$267,337	$3,236	3.28%
$400k-600k	32	$15,180,000	$474,375	$2,949	3.44%
$1MM+	15	$32,765,000	$2,184,333	$11,513	4.40%
$600k-1MM	10	$7,470,000	$747,000	$6,164	4.74%

2020 saw Equity Bank place emphasis on $100,000 or less loans with 399 originations, totaling $22,995,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k or less	228	$20,180,000	$88,509	$2,773	3.89%
$50k-75k	208	$26,240,000	$126,154	$2,948	3.65%
$75k-100k	142	$21,490,000	$151,338	$2,980	4.01%
$100k-150k	119	$23,585,000	$198,193	$2,924	3.99%
$150k-250k	105	$22,255,000	$211,952	$3,105	3.93%
$250k+	48	$15,270,000	$318,125	$3,448	3.75%

Equity Bank lent most frequently to those with incomes in the $50k or less range, with 228 originations. The second most popular income band? $50k-75k, with 208 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	181	$28,945,000	$159,917	$2,691	3.27%
30-36%	132	$21,300,000	$161,364	$2,992	3.16%
<20%	84	$17,140,000	$204,048	$2,651	3.16%
41%	29	$5,695,000	$196,379	$3,619	3.43%
36%	27	$4,755,000	$176,111	$2,872	3.37%
37%	27	$5,105,000	$189,074	$2,779	3.06%
39%	25	$4,575,000	$183,000	$3,435	3.56%
42%	22	$3,780,000	$171,818	$2,749	3.26%
38%	21	$3,825,000	$182,143	$2,854	3.31%
40%	18	$2,980,000	$165,556	$3,772	3.26%
44%	14	$2,910,000	$207,857	$2,659	3.36%
43%	13	$1,865,000	$143,462	$3,712	3.04%
46%	11	$1,825,000	$165,909	$3,416	3.32%
45%	11	$1,705,000	$155,000	$2,902	3.38%
47%	7	$1,215,000	$173,571	$2,638	3.21%
49%	7	$1,815,000	$259,286	$2,955	3.82%
>60%	7	$1,845,000	$263,571	$2,441	5.05%
48%	6	$1,080,000	$180,000	$3,428	3.17%
50-60%	6	$980,000	$163,333	$3,741	4.31%

Equity Bank lent most frequently to those with DTI ratios of 20-30%, with 181 originations. The next most common DTI ratio? 30-36%, with 132 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	797	$117,325,000	$147,208	$2,871	3.91%
Not applicable	127	$47,525,000	$374,213	$0	5.11%
Not provided	69	$13,285,000	$192,536	$3,011	3.21%
American Indian	9	$1,785,000	$198,333	$4,106	3.50%
Asian	6	$1,130,000	$188,333	$2,447	2.85%
Black	9	$715,000	$79,444	$3,673	4.79%

Approval Rates

Total approvals of all applications
89.15%

Equity Bank has an average approval rate.

Pick Rate

Approvals leading to origination
79.84%

Equity Bank has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
125.0	2	$60,000	$30,000
84.0	5	$245,000	$49,000
NA	1,010	$181,460,000	$179,663

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Multifamily:Manufactured	6	$5,710,000	$951,667
Multifamily:Site-Built	46	$35,230,000	$765,870
Single Family (1-4 Units):Manufactured	29	$1,735,000	$59,828
Single Family (1-4 Units):Site-Built	936	$139,090,000	$148,600

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	92	$8,990,000	$97,717	$2,195	4.85%
40-60%	170	$26,560,000	$156,235	$2,380	4.24%
60-80%	348	$75,370,000	$216,580	$2,558	3.88%
80-100%	341	$63,905,000	$187,405	$3,370	3.57%
Over 100%	6	$1,370,000	$228,333	$4,828	3.54%
Under 20%	60	$5,570,000	$92,833	$906	5.41%

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
Equity Bank	2602 North Highway 64 Guymon, OK 73942	Full Service B&M	$13,141
Equity Bank	110 E. First Street Cordell, OK 73632	Full Service B&M	$27,624
Equity Bank	100 East Main Warsaw, MO 65355	Full Service B&M	$65,919
Equity Bank	102 N Broadway Street Pittsburg, KS 66762	Full Service B&M	$19,143
Equity Bank	102 South Main Street Newkirk, OK 74647	Full Service B&M	$67,056
Equity Bank	10222 West Central Street Wichita, KS 67212	Full Service B&M	$60,864
Equity Bank	106 South Adams Grinnell, KS 67738	Full Service B&M	$24,791
Equity Bank	107 West Van Buren Eureka Springs, AR 72632	Full Service B&M	$80,800
Equity Bank	112 E Myrtle Street Independence, KS 67301	Full Service B&M	$53,451
Equity Bank	1251 Oldham Pkwy Lees Summit, MO 64081	Full Service B&M	$44,491
Equity Bank	1304 Highway 62/65 North Harrison, AR 72601	Full Service B&M	$60,287
Equity Bank	1417 E Hartford Ponca City, OK 74604	Full Service B&M	$11,314
Equity Bank	1555 North Webb Road Wichita, KS 67206	Full Service B&M	$40,694
Equity Bank	1700 N Lincoln Ave Liberal, KS 67901	Full Service B&M	$288,402
Equity Bank	1919 North Highway 13 Higginsville, MO 64037	Full Service B&M	$57,530
Equity Bank	198 Slack Street Pea Ridge, AR 72751	Full Service B&M	$26,743
Equity Bank	200 East Ridge Avenue Harrison, AR 72601	Full Service B&M	$176,292
Equity Bank	200 North State Street Knob Noster, MO 65336	Full Service B&M	$58,939
Equity Bank	222 East Grand Ponca City, OK 74601	Full Service B&M	$110,770
Equity Bank	23 W. 4th Street Liberal, KS 67901	Full Service B&M	$1,432
Equity Bank	2428 Vine Street Hays, KS 67601	Full Service B&M	$74,520
Equity Bank	250 East Tucker Road Liberal, KS 67901	Full Service B&M	$5,626
Equity Bank	300 Highway 212 Quinter, KS 67752	Full Service B&M	$15,187
Equity Bank	300 South Miller Street Sweet Springs, MO 65351	Full Service B&M	$35,006
Equity Bank	301 S. E. Main Street Lees Summit, MO 64063	Full Service B&M	$24,866
Equity Bank	345 North Andover Road Andover, KS 67002	Full Service B&M	$131,331
Equity Bank	3825 Southwest 29th Street Topeka, KS 66614	Full Service B&M	$40,932
Equity Bank	4551 W 107th St, Ste 210 Overland Park, KS 66207	Full Service B&M	$94,160
Equity Bank	502 South Jackson Street Hugoton, KS 67951	Full Service B&M	$35,535
Equity Bank	504 West Benton Windsor, MO 65360	Full Service B&M	$63,549
Equity Bank	507 West 8th Street Topeka, KS 66603	Limited, Drive-thru	$2
Equity Bank	601 North Main Street Guymon, OK 73942	Full Service B&M	$142,265
Equity Bank	612 North Maguire Warrensburg, MO 64093	Full Service B&M	$134,498
Equity Bank	615 East Ohio Street Clinton, MO 64735	Full Service B&M	$81,132
Equity Bank	6200 Nw 63rd Street Kansas City, MO 64151	Full Service B&M	$28,044
Equity Bank	651 Ne Coronado Drive Blue Springs, MO 64014	Full Service B&M	$72,358
Equity Bank	701 Kansas Avenue Topeka, KS 66603	Full Service B&M	$106,713
Equity Bank	745 Main Street Hoxie, KS 67740	Full Service B&M	$93,361
Equity Bank	7701 East Kellogg Wichita, KS 67207	Full Service B&M	$360,864
Equity Bank	801 Main Street Neodesha, KS 66757	Full Service B&M	$12,153
Equity Bank	802 East Prospect Ponca City, OK 74602	Full Service B&M	$47,212
Equity Bank	8880 W. 151st Street Overland Park, KS 66221	Full Service B&M	$38,188
Equity Bank	902 Mcarthur Road Coffeyville, KS 67337	Full Service B&M	$17,568
Equity Bank	909 Ne Rice Road Lees Summit, MO 64064	Full Service B&M	$24,013
Equity Bank	911 W. Trimble Berryville, AR 72616	Full Service B&M	$36,165
Equity Bank	916 Washington Street Ellis, KS 67637	Full Service B&M	$67,489
Equity Bank	920 Thompson Boulevard Sedalia, MO 65301	Full Service B&M	$89,965
Equity Bank	9292 South Delaware Ave Tulsa, OK 74137	Full Service B&M	$101,248
Equity Bank	930 South Kansas Liberal, KS 67901	Full Service B&M	$2,175

For 2020, Equity Bank had 49 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$155,562
Net interest income	$136,577
Total noninterest income	$24,539
Gross Fiduciary activities income	$433
Service charges on deposit accounts	$6,577
Trading account gains and fees	$0
Additional Noninterest Income	$17,529
Pre-tax net operating income	$-67,750
Securities gains (or losses, -)	$11
Income before extraordinary items	$-69,643
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$-69,643
Minority interest net income	$0
Net income	$-69,643
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$-69,654

Equity Bank's gross interest income from loans was $155,562,000.
Equity Bank's net interest income from loans was $136,577,000.
Equity Bank's fee based income from loans was $6,577,000.
Equity Bank's net income from loans was $-69,643,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$18,985
Provision for credit losses	$24,255
Total noninterest expense	$204,611
Salaries and employee benefits	$54,007
Premises and equipment expense	$8,783
Additional noninterest expense	$141,821
Applicable income taxes	$1,904
Net charge-offs	$2,778
Cash dividends	$7,500

Equity Bank's interest expense for loans was $18,985,000.
Equity Bank's payroll and benefits expense were $54,007,000.
Equity Bank's property, plant and equipment expenses $8,783,000.

Loan Performance

Type of Loan	% of Loans Noncurrent (30+ days, end of period snapshot)
All loans	1.0%
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	3.0%
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	$3,483,391
Deposits held in domestic offices	$3,483,391
Deposits by Individuals, partnerships, and corporations	$2,829,665
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$647,365
Deposits by Commercial banks and other depository institutions in U.S.	$6,361
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$551,711
Demand deposits	$202,328
Nontransaction accounts	$2,931,680
Money market deposit accounts (MMDAs)	$775,504
Other savings deposits (excluding MMDAs)	$1,529,323
Total time deposits	$626,853
Total time and savings deposits	$3,281,063
Noninterest-bearing deposits	$843,322
Interest-bearing deposits	$2,640,069
Retail deposits	$3,304,304
IRAs and Keogh plan accounts	$81,080
Brokered deposits	$12,773
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$4,012,781
Cash & Balances due from depository institutions	$283,767
Interest-bearing balances	$214,429
Total securities	$872,327
Federal funds sold & reverse repurchase	$548
Net loans and leases	$2,570,381
Loan and leases loss allowance	$33,709
Trading account assets	$0
Bank premises and fixed assets	$89,526
Other real estate owned	$11,733
Goodwill and other intangibles	$48,789
All other assets	$135,710

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$4,012,781
Total Liabilities	$3,560,477
Total deposits	$3,483,391
Interest-bearing deposits	$2,640,069
Deposits held in domestic offices	$3,483,391
% insured (estimated)	$78
Federal funds purchased and repurchase agreements	$36,029
Trading liabilities	$0
Other borrowed funds	$15,333
Subordinated debt	$0
All other liabilities	$25,724

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$2,570,381
Loan and leases loss allowance	$33,709
Total loans and leases (domestic)	$2,604,090
All real estate loans	$1,756,584
Real estate loans in domestic offices	$1,756,584
Construction and development loans	$107,660
Residential 1-4 family construction	$17,400
Other construction, all land development and other land	$90,260
Loans secured by nonfarm nonresidential properties	$866,303
Nonfarm nonresidential secured by owner-occupied properties	$392,839
Commercial real estate & other non-farm, non-residential	$473,464
Multifamily residential real estate	$82,698
1-4 family residential loans	$557,341
Farmland loans	$142,582
Loans held in foreign offices	$0
Farm loans	$86,152
Commercial and industrial loans	$697,360
To non-U.S. addressees	$0
Loans to individuals	$58,699
Credit card loans	$557
Related Plans	$11,420
Consumer Auto Loans	$24,318
Other loans to individuals	$22,404
All other loans & leases	$5,295
Loans to foreign governments and official institutions	$0
Other loans	$1,818
Loans to depository institutions and acceptances of other banks	$0
Loans not secured by real estate	$0
Loans secured by real estate to non-U.S. addressees	$0
Restructured Loans & leases	$0
Non 1-4 family restructured loans & leases	$0
Total loans and leases (foreign)	$0

Equity Bank had $2,570,381,000 of loans outstanding in 2020. $1,756,584,000 of loans were in real estate loans. $107,660,000 of loans were in development loans. $82,698,000 of loans were in multifamily mortgage loans. $557,341,000 of loans were in 1-4 family mortgage loans. $86,152,000 of loans were in farm loans. $557,000 of loans were in credit card loans. $24,318,000 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	770	$152,001	$197,404
Nonfarm, nonresidential loans - <$100k	260	$10,600	$40,769
Nonfarm, nonresidential loans - $100-250k	256	$34,109	$133,238
Nonfarm, nonresidential loans - $250k-1MM	254	$107,292	$422,409
Commercial & Industrial, US addressed loans - <$1MM	2,798	$184,055	$65,781
Commercial & Industrial, US addressed loans - <$100k	2,030	$45,152	$22,242
Commercial & Industrial, US addressed loans - $100-250k	489	$56,425	$115,389
Commercial & Industrial, US addressed loans - $250k-1MM	279	$82,478	$295,620
Farmland loans - <$1MM	535	$54,066	$101,058
Farmland loans - <$100k	253	$9,346	$36,941
Farmland loans - $100-250k	200	$22,314	$111,570
Farmland loans - $250k-1MM	82	$22,406	$273,244
Agriculture operations loans - <$1MM	683	$29,905	$43,785
Agriculture operations loans - <$100k	508	$10,972	$21,598
Agriculture operations loans - $100-250k	111	$9,011	$81,180
Agriculture operations loans - $250k-1MM	64	$9,922	$155,031