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

Jump to:

  • 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

    Equity Bank is a smaller bank specializing in Home Purchase and Refi loans. Equity Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Kansas City, Wichita, Harrison, Tulsa, and Guymon among others. We have data for 47 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Equity Bank has an above 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% 12/16/24
    30 Year Conventional Purchase 6.59% 12/16/24
    30 Year Conventional Refi 6.31% 12/16/24
    30 Year Cash-out Refi 6.75% 12/16/24
    30 Year FHA Purchase 7.09% 12/16/24
    30 Year VA Purchase 6.27% 12/16/24
    30 Year USDA Purchase 7.05% 12/16/24
    15 Year Conventional Purchase 6.30% 12/16/24
    15 Year Conventional Refi 6.15% 12/16/24
    15 Year Cash-out Refi 6.15% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Equity Bank Mortgage Calculator






    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

    981

    Origination Dollar Volume (All Markets)

    $172,095,000

    Employee count

    702

    Awards

    Equity Bank 30 Year Conventional Loans silver Equity Bank 30 Year Conventional Loans gold Equity Bank 30 Year Conventional Loans silver Equity Bank 30 Year Conventional Loans gold
    Show all (4) 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) 164 $38,580,000 $235,244 $2,519 3.77%
    Outside of Metro Areas 183 $26,595,000 $145,328 $3,070 3.86%
    WICHITA, KS (FHA|USDA|VA) 82 $15,440,000 $188,293 $2,551 3.18%
    Harrison, AR (FHA|USDA|VA) 107 $14,725,000 $137,617 $2,319 3.57%
    TULSA, OK (FHA|USDA|VA) 36 $9,620,000 $267,222 $4,703 4.06%
    Guymon, OK (FHA|USDA|VA) 95 $8,745,000 $92,053 $3,486 4.76%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 33 $7,375,000 $223,485 $2,902 3.45%
    Warrensburg, MO (FHA|USDA|VA) 33 $6,295,000 $190,758 $2,308 4.21%
    Ponca City, OK (FHA|USDA|VA) 60 $6,080,000 $101,333 $3,443 4.40%
    Pittsburg, KS (FHA|USDA|VA) 29 $5,745,000 $198,103 $3,040 3.67%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $3,725,000 $3,725,000 $20,628 3.95%
    TOPEKA, KS (FHA|USDA|VA) 27 $2,935,000 $108,704 $2,156 4.50%
    Hays, KS (FHA|USDA|VA) 19 $2,785,000 $146,579 $2,554 3.05%
    Sedalia, MO (FHA|USDA|VA) 22 $2,750,000 $125,000 $2,085 3.82%
    SPRINGFIELD, MO (FHA|USDA|VA) 4 $2,250,000 $562,500 $2,877 4.14%
    Liberal, KS (FHA|USDA|VA) 22 $2,010,000 $91,364 $2,383 4.69%
    LAWRENCE, KS (FHA|USDA|VA) 6 $1,930,000 $321,667 $3,246 3.46%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $1,600,000 $800,000 $0 4.84%
    Hereford, TX (FHA|USDA|VA) 1 $1,365,000 $1,365,000 $0 4.24%
    Coffeyville, KS (FHA|USDA|VA) 12 $1,210,000 $100,833 $2,095 3.72%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $975,000 $975,000 $7,855 4.25%
    FORT COLLINS, CO (FHA|USDA|VA) 2 $880,000 $440,000 $53,127 3.93%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 3 $745,000 $248,333 $2,804 3.64%
    Branson, MO (FHA|USDA|VA) 4 $680,000 $170,000 $2,580 3.56%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $600,000 $300,000 $0 5.18%
    JOPLIN, MO (FHA|USDA|VA) 3 $595,000 $198,333 $2,802 3.37%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $550,000 $275,000 $2,342 2.75%
    GREELEY, CO (FHA|USDA|VA) 1 $535,000 $535,000 $3,830 2.99%
    Hutchinson, KS (FHA|USDA|VA) 2 $500,000 $250,000 $0 4.73%
    Salina, KS (FHA|USDA|VA) 2 $450,000 $225,000 $1,885 3.38%
    JEFFERSON CITY, MO (FHA|USDA|VA) 2 $430,000 $215,000 $2,743 3.87%
    Fort Leonard Wood, MO (FHA|USDA|VA) 1 $405,000 $405,000 $0 4.66%
    Bartlesville, OK (FHA|USDA|VA) 3 $365,000 $121,667 $4,288 4.43%
    MODESTO, CA (FHA|USDA|VA) 1 $315,000 $315,000 $2,702 2.88%
    SPRINGFIELD, IL (FHA|USDA|VA) 1 $305,000 $305,000 $4,445 3.75%
    HOT SPRINGS, AR (FHA|USDA|VA) 1 $285,000 $285,000 $0 4.83%
    COLUMBIA, MO (FHA|USDA|VA) 2 $230,000 $115,000 $1,750 5.12%
    SANTA FE, NM (FHA|USDA|VA) 1 $225,000 $225,000 $3,748 2.63%
    LAWTON, OK (FHA|USDA|VA) 1 $185,000 $185,000 $2,726 2.38%
    ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $185,000 $185,000 $3,896 2.75%
    MANHATTAN, KS (FHA|USDA|VA) 1 $175,000 $175,000 $2,440 2.99%
    Russellville, AR (FHA|USDA|VA) 1 $145,000 $145,000 $2,397 2.50%
    SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 1 $135,000 $135,000 $2,916 3.25%
    LINCOLN, NE (FHA|USDA|VA) 1 $135,000 $135,000 $1,722 3.13%
    Mountain Home, AR (FHA|USDA|VA) 1 $135,000 $135,000 $1,423 3.13%
    Weatherford, OK (FHA|USDA|VA) 1 $95,000 $95,000 $0 4.13%
    Garden City, KS (FHA|USDA|VA) 1 $75,000 $75,000 $2,206 2.75%
    Equity Bank's top markets include Kansas City, Wichita, Harrison, Tulsa, and Guymon among others.

    Their top states include:
  • Missouri (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Florida (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.

    Bank of the Flint Hills
    Similarity Rank: 126
    F & M Bank
    Similarity Rank: 192
    GOLDEN PLAINS
    Similarity Rank: 204
    Members Mortgage Services, L.L.C.
    Similarity Rank: 220
    SKYWARD
    Similarity Rank: 240
    PANHANDLE FEDERAL CREDIT UNION
    Similarity Rank: 264
    Azura Credit Union
    Similarity Rank: 308
    MAINSTREET FEDERAL CREDIT UNION
    Similarity Rank: 426
    MID AMERICAN
    Similarity Rank: 500
    Wichita Federal Credit Union
    Similarity Rank: 553

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 980 $171,960,000 $175,469 $2,877 3.89%
    FHA 1 $135,000 $135,000 $4,989 2.50%

    For 2021, Equity Bank's most frequently originated type of loan was Conventional, with 980 originations. Their 2nd most popular type was FHA, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 487 $91,825,000 $188,552 $3,077 4.03%
    Refi 340 $58,220,000 $171,235 $2,518 3.92%
    Cash Out Refi 128 $19,450,000 $151,953 $2,991 3.19%
    Home Improvement 17 $1,165,000 $68,529 $2,184 4.89%
    Other 9 $1,435,000 $159,444 $2,885 3.03%

    For 2021, Equity Bank's most frequently cited loan purpose was Home Purchase, with 487 originations. The 2nd most popular reason was Refi, with 340 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 381 $74,755,000 $196,207 $3,003 3.24%
    3 Year 255 $37,245,000 $146,059 $0 4.93%
    5 Year 117 $24,505,000 $209,444 $0 4.82%
    15 Year 114 $16,440,000 $144,211 $2,463 2.72%
    Other 47 $6,985,000 $148,617 $1,519 4.94%
    20 Year 37 $5,655,000 $152,838 $2,548 2.92%
    10 Year 17 $2,105,000 $123,824 $2,314 3.20%
    1 Year 8 $1,910,000 $238,750 $0 4.48%
    30+ year 5 $2,495,000 $499,000 $7,621 3.95%

    For 2021, Equity Bank's most frequently cited loan duration was 30 Year, with 381 originations. The 2nd most popular length was 3 Year, with 255 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 387 $63,735,000 $164,690
    $1k-2k 100 $16,580,000 $165,800
    $2k-3k 26 $7,730,000 $297,308
    $3k-4k 8 $2,420,000 $302,500
    $4k-5k 6 $7,050,000 $1,175,000
    $5k+ 1 $895,000 $895,000

    Equity Bank's average total fees were $3,003, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 387 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 342 $62,560,000 $182,924
    3-4% 203 $43,535,000 $214,458
    2.5-3% 201 $36,525,000 $181,716
    <2.5% 109 $18,665,000 $171,239
    5-6% 108 $9,810,000 $90,833
    6-7% 11 $635,000 $57,727
    Over 8% 4 $50,000 $12,500
    % 2 $300,000 $150,000
    7-8% 1 $15,000 $15,000

    During 2021, Equity Bank's average interest rate for loans was 3.24%, while their most frequently originated rate bucket for loans was 4-5%, with 342 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 367 $22,165,000 $60,395 $2,311 4.43%
    $100k-200k 339 $48,515,000 $143,112 $2,731 3.51%
    $200k-400k 228 $62,000,000 $271,930 $2,900 3.56%
    $400k-600k 28 $13,490,000 $481,786 $6,950 3.70%
    $1MM+ 11 $19,485,000 $1,771,364 $14,630 4.18%
    $600k-1MM 8 $6,440,000 $805,000 $10,812 4.40%

    2021 saw Equity Bank place emphasis on $100,000 or less loans with 367 originations, totaling $22,165,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 188 $23,200,000 $123,404 $3,052 3.77%
    $50k or less 178 $17,320,000 $97,303 $2,331 3.87%
    $100k-150k 125 $24,015,000 $192,120 $2,947 3.57%
    $75k-100k 125 $19,385,000 $155,080 $3,053 3.58%
    $150k-250k 85 $17,075,000 $200,882 $2,631 3.54%
    $250k+ 43 $17,905,000 $416,395 $4,869 3.55%

    Equity Bank lent most frequently to those with incomes in the $50k-75k range, with 188 originations. The second most popular income band? $50k or less, with 178 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 152 $25,250,000 $166,118 $2,575 3.04%
    30-36% 117 $25,015,000 $213,803 $3,350 3.31%
    <20% 88 $13,490,000 $153,295 $2,536 2.99%
    38% 23 $3,935,000 $171,087 $2,729 3.34%
    36% 21 $3,565,000 $169,762 $2,483 3.13%
    40% 20 $3,120,000 $156,000 $5,314 3.22%
    43% 19 $3,485,000 $183,421 $2,810 3.21%
    44% 19 $3,995,000 $210,263 $2,714 3.16%
    42% 18 $4,720,000 $262,222 $3,038 3.13%
    39% 17 $3,305,000 $194,412 $2,560 3.00%
    37% 16 $3,120,000 $195,000 $2,728 3.22%
    41% 15 $2,175,000 $145,000 $2,577 3.02%
    47% 8 $1,390,000 $173,750 $3,430 3.03%
    45% 6 $1,090,000 $181,667 $2,925 3.71%
    46% 5 $1,085,000 $217,000 $2,683 3.13%
    >60% 4 $710,000 $177,500 $3,659 4.09%
    48% 2 $750,000 $375,000 $2,181 2.93%
    49% 2 $390,000 $195,000 $3,217 2.88%
    50-60% 2 $430,000 $215,000 $2,643 2.69%

    Equity Bank lent most frequently to those with DTI ratios of 20-30%, with 152 originations. The next most common DTI ratio? 30-36%, with 117 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 704 $106,180,000 $150,824 $2,777 3.74%
    Not applicable 197 $47,235,000 $239,772 $0 4.63%
    Not provided 57 $13,805,000 $242,193 $2,994 3.30%
    Asian 10 $2,860,000 $286,000 $3,195 3.39%
    American Indian 8 $1,350,000 $168,750 $8,827 3.30%
    Black 3 $385,000 $128,333 $2,268 3.55%
    Asian Indian 1 $175,000 $175,000 $2,483 2.25%
    Other Asian 1 $105,000 $105,000 $2,892 2.88%

    Approval Rates

    Total approvals of all applications
    95.44%

    Equity 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
    85.73%

    Equity Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    84.0 3 $45,000 $15,000
    NA 978 $172,050,000 $175,920

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    981 $172,095,000 $175,428

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 87 $11,095,000 $127,529 $2,301 4.28%
    40-60% 196 $30,740,000 $156,837 $2,974 3.82%
    60-80% 380 $73,110,000 $192,395 $2,790 3.85%
    80-100% 262 $52,460,000 $200,229 $3,030 3.64%
    Over 100% 5 $1,295,000 $259,000 $0 4.91%
    Under 20% 50 $3,330,000 $66,600 $1,716 4.95%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Equity Bank 110 E. First Street Cordell, OK 73632 Full Service B&M $21,311
    Equity Bank 112 E Myrtle Street Independence, KS 67301 Full Service B&M $58,712
    Equity Bank 300 Highway 212 Quinter, KS 67752 Full Service B&M $18,138
    Equity Bank 701 Kansas Avenue Topeka, KS 66603 Full Service B&M $76,228
    Equity Bank 100 East Main Warsaw, MO 65355 Full Service B&M $68,968
    Equity Bank 102 N Broadway Street Pittsburg, KS 66762 Full Service B&M $49,822
    Equity Bank 102 South Main Street Newkirk, OK 74647 Full Service B&M $65,788
    Equity Bank 10222 West Central Street Wichita, KS 67212 Full Service B&M $73,943
    Equity Bank 106 South Adams Grinnell, KS 67738 Full Service B&M $30,117
    Equity Bank 107 West Van Buren Eureka Springs, AR 72632 Full Service B&M $93,727
    Equity Bank 1251 Oldham Pkwy Lees Summit, MO 64081 Full Service B&M $46,086
    Equity Bank 1304 Highway 62/65 North Harrison, AR 72601 Full Service B&M $61,901
    Equity Bank 1417 E Hartford Ponca City, OK 74604 Full Service B&M $13,794
    Equity Bank 1555 North Webb Road Wichita, KS 67206 Full Service B&M $57,414
    Equity Bank 1700 N Lincoln Ave Liberal, KS 67901 Full Service B&M $308,414
    Equity Bank 1919 North Highway 13 Higginsville, MO 64037 Full Service B&M $46,165
    Equity Bank 198 Slack Street Pea Ridge, AR 72751 Full Service B&M $34,112
    Equity Bank 200 East Ridge Avenue Harrison, AR 72601 Full Service B&M $157,748
    Equity Bank 200 North State Street Knob Noster, MO 65336 Full Service B&M $44,840
    Equity Bank 222 East Grand Ponca City, OK 74601 Full Service B&M $123,746
    Equity Bank 23 W. 4th Street Liberal, KS 67901 Full Service B&M $2,048
    Equity Bank 2428 Vine Street Hays, KS 67601 Full Service B&M $71,832
    Equity Bank 250 East Tucker Road Liberal, KS 67901 Full Service B&M $7,417
    Equity Bank 2602 North Highway 64 Guymon, OK 73942 Full Service B&M $15,158
    Equity Bank 300 South Miller Street Sweet Springs, MO 65351 Full Service B&M $36,900
    Equity Bank 301 S. E. Main Street Lees Summit, MO 64063 Full Service B&M $77,329
    Equity Bank 302 East Holme Street Norton, KS 67654 Full Service B&M $34,981
    Equity Bank 345 N Andover Rd Andover, KS 67002 Full Service B&M $133,080
    Equity Bank 3825 Southwest 29th Street Topeka, KS 66614 Full Service B&M $43,662
    Equity Bank 500 Main Street Almena, KS 67622 Full Service B&M $549
    Equity Bank 502 South Jackson Street Hugoton, KS 67951 Full Service B&M $40,049
    Equity Bank 504 West Benton Windsor, MO 65360 Full Service B&M $78,262
    Equity Bank 507 West 8th Street Topeka, KS 66603 Limited, Drive-thru $1
    Equity Bank 601 North Main Street Guymon, OK 73942 Full Service B&M $146,046
    Equity Bank 612 North Maguire Warrensburg, MO 64093 Full Service B&M $154,943
    Equity Bank 615 East Ohio Street Clinton, MO 64735 Full Service B&M $81,273
    Equity Bank 6200 Nw 63rd Street Kansas City, MO 64151 Full Service B&M $25,600
    Equity Bank 651 Ne Coronado Drive Blue Springs, MO 64014 Full Service B&M $80,838
    Equity Bank 7035 College Blvd Overland Park, KS 66207 Full Service B&M $184,093
    Equity Bank 745 Main Street Hoxie, KS 67740 Full Service B&M $111,392
    Equity Bank 7701 East Kellogg Wichita, KS 67207 Full Service B&M $428,468
    Equity Bank 801 Main Street Neodesha, KS 66757 Full Service B&M $14,094
    Equity Bank 802 East Prospect Ponca City, OK 74602 Full Service B&M $50,603
    Equity Bank 8880 W. 151st Street Overland Park, KS 66221 Full Service B&M $33,024
    Equity Bank 902 Mcarthur Road Coffeyville, KS 67337 Full Service B&M $19,022
    Equity Bank 909 Ne Rice Road Lees Summit, MO 64064 Full Service B&M $25,473
    Equity Bank 911 W. Trimble Berryville, AR 72616 Full Service B&M $35,665
    Equity Bank 916 Washington Street Ellis, KS 67637 Full Service B&M $55,055
    Equity Bank 920 Thompson Boulevard Sedalia, MO 65301 Full Service B&M $103,457
    Equity Bank 9292 South Delaware Ave Tulsa, OK 74137 Full Service B&M $165,820
    Equity Bank 930 South Kansas Liberal, KS 67901 Full Service B&M $3,440

    For 2021, Equity Bank had 51 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $157,368
    Net interest income $148,840
    Total noninterest income $33,036
    Gross Fiduciary activities income $1,140
    Service charges on deposit accounts $8,262
    Trading account gains and fees $0
    Additional Noninterest Income $23,634
    Pre-tax net operating income $74,057
    Securities gains (or losses, -) $411
    Income before extraordinary items $60,961
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $60,961
    Minority interest net income $0
    Net income $60,961
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $60,623

    Equity Bank's gross interest income from loans was $157,368,000.
    Equity Bank's net interest income from loans was $148,840,000.
    Equity Bank's fee based income from loans was $8,262,000.
    Equity Bank's net income from loans was $60,961,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $8,528
    Provision for credit losses $-7,096
    Total noninterest expense $114,915
    Salaries and employee benefits $54,070
    Premises and equipment expense $10,137
    Additional noninterest expense $50,708
    Applicable income taxes $13,507
    Net charge-offs $8,644
    Cash dividends $14,251

    Equity Bank's interest expense for loans was $8,528,000.
    Equity Bank's payroll and benefits expense were $54,070,000.
    Equity Bank's property, plant and equipment expenses $10,137,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 1.0%
    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 $4,450,030
    Deposits held in domestic offices $4,450,030
    Deposits by Individuals, partnerships, and corporations $3,654,691
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $785,772
    Deposits by Commercial banks and other depository institutions in U.S. $9,567
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $2,479,138
    Demand deposits $1,582,518
    Nontransaction accounts $1,970,892
    Money market deposit accounts (MMDAs) $964,996
    Other savings deposits (excluding MMDAs) $352,299
    Total time deposits $653,598
    Total time and savings deposits $2,867,512
    Noninterest-bearing deposits $1,292,562
    Interest-bearing deposits $3,157,468
    Retail deposits $4,223,070
    IRAs and Keogh plan accounts $89,641
    Brokered deposits $11,019
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $5,141,072
    Cash & Balances due from depository institutions $263,237
    Interest-bearing balances $200,878
    Total securities $1,328,086
    Federal funds sold & reverse repurchase $823
    Net loans and leases $3,111,476
    Loan and leases loss allowance $48,365
    Trading account assets $0
    Bank premises and fixed assets $106,714
    Other real estate owned $9,523
    Goodwill and other intangibles $72,851
    All other assets $248,362

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $5,141,072
    Total Liabilities $4,566,515
    Total deposits $4,450,030
    Interest-bearing deposits $3,157,468
    Deposits held in domestic offices $4,450,030
    % insured (estimated) $75
    Federal funds purchased and repurchase agreements $56,006
    Trading liabilities $0
    Other borrowed funds $17,692
    Subordinated debt $0
    All other liabilities $42,787

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $3,111,476
    Loan and leases loss allowance $48,365
    Total loans and leases (domestic) $3,159,841
    All real estate loans $2,353,551
    Real estate loans in domestic offices $2,353,551
    Construction and development loans $221,521
    Residential 1-4 family construction $23,892
    Other construction, all land development and other land $197,629
    Loans secured by nonfarm nonresidential properties $1,018,296
    Nonfarm nonresidential secured by owner-occupied properties $431,642
    Commercial real estate & other non-farm, non-residential $586,654
    Multifamily residential real estate $73,737
    1-4 family residential loans $823,980
    Farmland loans $216,017
    Loans held in foreign offices $0
    Farm loans $146,872
    Commercial and industrial loans $555,504
    To non-U.S. addressees $0
    Loans to individuals $64,131
    Credit card loans $742
    Related Plans $5,493
    Consumer Auto Loans $24,699
    Other loans to individuals $33,197
    All other loans & leases $39,783
    Loans to foreign governments and official institutions $0
    Other loans $38,830
    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 $345
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Equity Bank had $3,111,476,000 of loans outstanding in 2021. $2,353,551,000 of loans were in real estate loans. $221,521,000 of loans were in development loans. $73,737,000 of loans were in multifamily mortgage loans. $823,980,000 of loans were in 1-4 family mortgage loans. $146,872,000 of loans were in farm loans. $742,000 of loans were in credit card loans. $24,699,000 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 811 $173,895 $214,420
    Nonfarm, nonresidential loans - <$100k 249 $9,593 $38,526
    Nonfarm, nonresidential loans - $100-250k 276 $37,628 $136,333
    Nonfarm, nonresidential loans - $250k-1MM 286 $126,674 $442,916
    Commercial & Industrial, US addressed loans - <$1MM 1,761 $139,964 $79,480
    Commercial & Industrial, US addressed loans - <$100k 1,196 $32,156 $26,886
    Commercial & Industrial, US addressed loans - $100-250k 328 $36,198 $110,360
    Commercial & Industrial, US addressed loans - $250k-1MM 237 $71,610 $302,152
    Farmland loans - <$1MM 557 $64,041 $114,975
    Farmland loans - <$100k 240 $9,371 $39,046
    Farmland loans - $100-250k 207 $23,900 $115,459
    Farmland loans - $250k-1MM 110 $30,770 $279,727
    Agriculture operations loans - <$1MM 764 $40,632 $53,183
    Agriculture operations loans - <$100k 523 $11,813 $22,587
    Agriculture operations loans - $100-250k 135 $11,741 $86,970
    Agriculture operations loans - $250k-1MM 106 $17,078 $161,113