Incrediblebank Mortgage Rates, Fees & Info

Wausau, WI

LEI: 549300TV5ZED3EINI708

Tax ID: 39-1088977

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

    Incrediblebank is a smaller bank specializing in Refi, Home Purchase, and Cash Out Refi loans. Incrediblebank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Wausau, Marquette, Madison, Houghton, and Iron Mountain among others. We have data for 67 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Incrediblebank 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. Incrediblebank 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
    30 Year Conventional Purchase 6.63% 11/22/24
    30 Year Conventional Refi 6.49% 11/22/24
    30 Year Cash-out Refi 6.70% 11/22/24
    30 Year FHA Purchase 6.27% 11/22/24
    30 Year VA Purchase 6.27% 11/22/24
    30 Year USDA Purchase 6.55% 11/22/24
    30 Year USDA Refi 6.61% 11/22/24
    15 Year Conventional Purchase 5.86% 11/22/24
    15 Year Conventional Refi 5.82% 11/22/24
    15 Year Cash-out Refi 5.82% 11/22/24
    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.

    Incrediblebank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Incrediblebank. 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

    1,976

    Origination Dollar Volume (All Markets)

    $369,390,000

    Employee count

    257 Show all (13) 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
    WAUSAU-WESTON, WI (FHA|USDA|VA) 561 $96,275,000 $171,613 $2,307 2.77%
    Marquette, MI (FHA|USDA|VA) 490 $88,920,000 $181,469 $2,121 2.97%
    Outside of Metro Areas 434 $86,280,000 $198,802 $2,153 2.89%
    MADISON, WI (FHA|USDA|VA) 98 $26,060,000 $265,918 $1,827 2.78%
    Houghton, MI (FHA|USDA|VA) 123 $16,585,000 $134,837 $2,127 2.91%
    Iron Mountain, MI-WI (FHA|USDA|VA) 74 $10,360,000 $140,000 $2,050 2.87%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 20 $4,450,000 $222,500 $1,864 2.68%
    SHEBOYGAN, WI (FHA|USDA|VA) 15 $2,645,000 $176,333 $1,810 2.50%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 9 $2,515,000 $279,444 $2,148 2.96%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 9 $2,165,000 $240,556 $2,171 2.93%
    Stevens Point, WI (FHA|USDA|VA) 13 $2,115,000 $162,692 $1,971 2.67%
    PROVO-OREM, UT (FHA|USDA|VA) 1 $2,105,000 $2,105,000 $0 3.65%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $1,835,000 $367,000 $3,547 3.20%
    APPLETON, WI (FHA|USDA|VA) 12 $1,740,000 $145,000 $1,610 2.85%
    GREEN BAY, WI (FHA|USDA|VA) 7 $1,445,000 $206,429 $2,045 2.77%
    Marinette, WI-MI (FHA|USDA|VA) 10 $1,420,000 $142,000 $2,067 3.23%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 4 $1,320,000 $330,000 $3,596 2.66%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $1,300,000 $650,000 $5,153 2.88%
    Escanaba, MI (FHA|USDA|VA) 7 $1,145,000 $163,571 $1,949 3.20%
    Clewiston, FL (FHA|USDA|VA) 2 $1,110,000 $555,000 $4,840 3.81%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 5 $1,035,000 $207,000 $2,069 2.93%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 6 $970,000 $161,667 $1,889 3.27%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 4 $910,000 $227,500 $2,465 2.41%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $900,000 $450,000 $2,952 3.00%
    Manitowoc, WI (FHA|USDA|VA) 3 $755,000 $251,667 $2,453 2.83%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $720,000 $360,000 $3,403 3.00%
    RACINE, WI (FHA|USDA|VA) 2 $670,000 $335,000 $2,684 2.63%
    Shawano, WI (FHA|USDA|VA) 5 $605,000 $121,000 $1,864 2.98%
    TUCSON, AZ (FHA|USDA|VA) 2 $520,000 $260,000 $1,898 2.88%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $515,000 $515,000 $4,983 2.38%
    Key West, FL (FHA|USDA|VA) 1 $515,000 $515,000 $8,646 2.88%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 3 $495,000 $165,000 $1,654 2.88%
    EAU CLAIRE, WI (FHA|USDA|VA) 3 $485,000 $161,667 $1,979 2.42%
    WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 2 $470,000 $235,000 $2,332 2.88%
    Baraboo, WI (FHA|USDA|VA) 2 $470,000 $235,000 $2,092 2.69%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $430,000 $215,000 $2,860 2.38%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 2 $390,000 $195,000 $1,747 2.19%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $365,000 $365,000 $3,010 2.88%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $355,000 $355,000 $1,950 2.63%
    Traverse City, MI (FHA|USDA|VA) 2 $350,000 $175,000 $2,062 3.06%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $345,000 $345,000 $2,694 2.75%
    DULUTH, MN-WI (FHA|USDA|VA) 2 $320,000 $160,000 $2,198 2.63%
    BOULDER, CO (FHA|USDA|VA) 1 $315,000 $315,000 $2,052 3.25%
    BINGHAMTON, NY (FHA|USDA|VA) 1 $315,000 $315,000 $3,911 2.50%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $315,000 $315,000 $3,314 2.75%
    RALEIGH-CARY, NC (FHA|USDA|VA) 1 $305,000 $305,000 $2,869 2.88%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $305,000 $305,000 $1,864 2.38%
    Whitewater, WI (FHA|USDA|VA) 1 $305,000 $305,000 $2,952 2.63%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $285,000 $285,000 $1,949 2.75%
    Alexandria, MN (FHA|USDA|VA) 2 $270,000 $135,000 $2,203 3.06%
    Mason City, IA (FHA|USDA|VA) 1 $265,000 $265,000 $2,514 2.88%
    ANN ARBOR, MI (FHA|USDA|VA) 1 $215,000 $215,000 $1,831 2.75%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $215,000 $215,000 $2,522 3.25%
    Sault Ste. Marie, MI (FHA|USDA|VA) 1 $205,000 $205,000 $1,736 2.88%
    WILMINGTON, NC (FHA|USDA|VA) 1 $195,000 $195,000 $2,522 2.63%
    WINSTON-SALEM, NC (FHA|USDA|VA) 1 $185,000 $185,000 $2,451 2.63%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $175,000 $175,000 $2,737 2.88%
    OCALA, FL (FHA|USDA|VA) 1 $165,000 $165,000 $2,911 2.88%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $155,000 $155,000 $2,890 2.13%
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $145,000 $145,000 $1,979 2.88%
    Holland, MI (FHA|USDA|VA) 1 $135,000 $135,000 $1,683 2.25%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $125,000 $125,000 $2,594 2.13%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $115,000 $115,000 $1,469 2.88%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $105,000 $105,000 $2,681 2.75%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $85,000 $85,000 $1,633 2.75%
    Minot, ND (FHA|USDA|VA) 1 $55,000 $55,000 $3,394 4.38%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $55,000 $55,000 $1,580 2.13%
    Incrediblebank's top markets include Wausau, Marquette, Madison, Houghton, and Iron Mountain among others.

    Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)
  • Utah (FHA|USDA|VA)

    • Similar Lenders

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

    Brokaw Credit Union
    Similarity Rank: 35
    Hometown Bank
    Similarity Rank: 216
    Honor Credit Union
    Similarity Rank: 228
    Peoples State Bank
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    The Greenwood's State Bank
    Similarity Rank: 297
    Main Street Bank
    Similarity Rank: 300
    Range Bank
    Similarity Rank: 360
    The Equitable Bank, S.S.B.
    Similarity Rank: 440
    Prevail Bank
    Similarity Rank: 450
    Royal Bank
    Similarity Rank: 468

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,937 $364,545,000 $188,201 $2,148 2.86%
    USDA 39 $4,845,000 $124,231 $3,623 3.10%

    For 2020, Incrediblebank's most frequently originated type of loan was Conventional, with 1,937 originations. Their 2nd most popular type was USDA, with 39 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 993 $182,165,000 $183,449 $1,956 2.75%
    Home Purchase 498 $99,310,000 $199,418 $2,720 3.12%
    Cash Out Refi 452 $84,550,000 $187,058 $2,117 2.82%
    Other 22 $2,520,000 $114,545 $1,946 3.52%
    Home Improvement 11 $845,000 $76,818 $1,921 2.94%

    For 2020, Incrediblebank's most frequently cited loan purpose was Refi, with 993 originations. The 2nd most popular reason was Home Purchase, with 498 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,080 $218,210,000 $202,046 $2,196 2.99%
    15 Year 583 $97,165,000 $166,664 $2,232 2.45%
    20 Year 169 $28,655,000 $169,556 $1,903 3.03%
    10 Year 84 $9,750,000 $116,071 $1,752 2.50%
    5 Year 34 $5,400,000 $158,824 $74 5.07%
    30+ year 19 $7,585,000 $399,211 $3,964 4.16%
    Other 7 $2,625,000 $375,000 $1,438 4.08%

    For 2020, Incrediblebank's most frequently cited loan duration was 30 Year, with 1,080 originations. The 2nd most popular length was 15 Year, with 583 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,889 $347,385,000 $183,899
    $1k-2k 38 $9,270,000 $243,947
    $2k-3k 3 $595,000 $198,333
    $3k-4k 2 $790,000 $395,000
    $4k-5k 2 $540,000 $270,000
    $5k+ 1 $225,000 $225,000

    Incrediblebank's average total fees were $2,196, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,889 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 885 $172,495,000 $194,910
    <2.5% 640 $107,100,000 $167,344
    3-4% 359 $71,795,000 $199,986
    4-5% 62 $15,500,000 $250,000
    5-6% 27 $2,305,000 $85,370
    6-7% 2 $80,000 $40,000
    7-8% 1 $115,000 $115,000

    During 2020, Incrediblebank's average interest rate for loans was 2.99%, while their most frequently originated rate bucket for loans was 2.5-3%, with 885 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 941 $138,465,000 $147,147 $2,192 2.84%
    $200k-400k 570 $155,510,000 $272,825 $2,186 2.85%
    $100,000 or less 371 $26,395,000 $71,146 $1,939 2.91%
    $400k-600k 83 $39,055,000 $470,542 $2,782 2.95%
    $600k-1MM 8 $5,690,000 $711,250 $4,876 3.86%
    $1MM+ 3 $4,275,000 $1,425,000 $0 4.55%

    2020 saw Incrediblebank place emphasis on $100k-200k loans with 941 originations, totaling $138,465,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 424 $63,440,000 $149,623 $2,024 2.83%
    $100k-150k 410 $83,900,000 $204,634 $2,498 2.81%
    $75k-100k 356 $62,950,000 $176,826 $2,022 2.83%
    $50k or less 314 $33,720,000 $107,389 $2,060 2.90%
    $150k-250k 224 $58,910,000 $262,991 $2,210 2.86%
    $250k+ 116 $39,100,000 $337,069 $2,429 2.85%

    Incrediblebank lent most frequently to those with incomes in the $50k-75k range, with 424 originations. The second most popular income band? $100k-150k, with 410 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 566 $100,950,000 $178,357 $2,384 2.81%
    30-36% 399 $73,055,000 $183,095 $2,141 2.84%
    <20% 303 $57,945,000 $191,238 $1,975 2.72%
    37% 69 $10,915,000 $158,188 $2,015 2.97%
    41% 67 $12,045,000 $179,776 $2,165 2.97%
    38% 67 $12,935,000 $193,060 $2,257 2.92%
    42% 65 $12,445,000 $191,462 $2,019 2.86%
    40% 59 $11,035,000 $187,034 $2,180 2.94%
    43% 57 $11,695,000 $205,175 $2,195 2.89%
    39% 56 $10,930,000 $195,179 $2,233 2.83%
    36% 54 $10,900,000 $201,852 $2,255 2.93%
    44% 45 $9,095,000 $202,111 $2,142 2.85%
    45% 39 $7,005,000 $179,615 $1,900 2.68%
    47% 31 $7,375,000 $237,903 $2,123 2.81%
    46% 23 $3,285,000 $142,826 $1,883 2.79%
    48% 21 $4,505,000 $214,524 $1,912 2.59%
    49% 15 $3,025,000 $201,667 $1,925 2.80%
    50-60% 5 $665,000 $133,000 $1,931 4.00%
    >60% 1 $85,000 $85,000 $0 5.10%

    Incrediblebank lent most frequently to those with DTI ratios of 20-30%, with 566 originations. The next most common DTI ratio? 30-36%, with 399 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,706 $310,010,000 $181,717 $2,064 2.83%
    Not provided 196 $41,430,000 $211,378 $3,180 2.85%
    Not applicable 31 $9,255,000 $298,548 $0 4.91%
    Asian 21 $4,655,000 $221,667 $1,905 2.78%
    American Indian 19 $3,575,000 $188,158 $2,396 2.97%
    Other Asian 2 $340,000 $170,000 $1,530 2.81%
    Black 1 $125,000 $125,000 $3,592 2.75%

    Approval Rates

    Total approvals of all applications
    92.27%

    Incrediblebank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.05%

    Incrediblebank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,976 $369,390,000 $186,938

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 10 $3,050,000 $305,000
    Single Family (1-4 Units):Manufactured 20 $1,970,000 $98,500
    Single Family (1-4 Units):Site-Built 1,946 $364,370,000 $187,240

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 91 $11,355,000 $124,780 $1,893 2.63%
    40-60% 316 $50,810,000 $160,791 $1,939 2.67%
    60-80% 997 $201,575,000 $202,182 $2,195 2.88%
    80-100% 552 $103,170,000 $186,902 $2,345 2.94%
    Over 100% 5 $535,000 $107,000 $2,566 4.78%
    Under 20% 15 $1,945,000 $129,667 $1,510 3.69%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Incrediblebank 101 Grand Avenue Wausau, WI 54403 Full Service B&M $116,928
    Incrediblebank 101 West B Street Iron Mountain, MI 49801 Full Service B&M $56,923
    Incrediblebank 1101 North Third Street Marquette, MI 49855 Full Service B&M $58,996
    Incrediblebank 1130 East Grand Avenue Rothschild, WI 54474 Full Service B&M $166,372
    Incrediblebank 1140 West Washington Street Marquette, MI 49855 Full Service B&M $94,541
    Incrediblebank 1218 N 4th St Tomahawk, WI 54487 Full Service B&M $48,064
    Incrediblebank 141 South Willow Street Eagle River, WI 54521 Full Service B&M $71,859
    Incrediblebank 19795 West Sharon Avenue Houghton, MI 49931 Full Service B&M $58,789
    Incrediblebank 200 South Suffolk Street Ironwood, MI 49938 Full Service B&M $65,289
    Incrediblebank 3210 East Main Street Merrill, WI 54452 Full Service B&M $101,508
    Incrediblebank 327 N 17th Avenue Wausau, WI 54401 Full Service Cyber Office $103,194
    Incrediblebank 327 North 17th Avenue Wausau, WI 54401 Full Service B&M $158,009
    Incrediblebank 4107 Barbican Avenue Schofield, WI 54476 Full Service B&M $49,636
    Incrediblebank 56500 Us Highway 41 Calumet, MI 49913 Full Service B&M $51,083
    Incrediblebank 8329 Murphy Dr. Middleton, WI 53562 Full Service B&M $26,365
    Incrediblebank 8590 Us 51 North Minocqua, WI 54548 Full Service B&M $140,354

    For 2020, Incrediblebank had 16 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $68,401
    Net interest income $59,719
    Total noninterest income $24,233
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $1,949
    Trading account gains and fees $0
    Additional Noninterest Income $22,284
    Pre-tax net operating income $27,029
    Securities gains (or losses, -) $80
    Income before extraordinary items $27,109
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $27,109
    Minority interest net income $0
    Net income $27,109
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $27,029

    Incrediblebank's gross interest income from loans was $68,401,000.
    Incrediblebank's net interest income from loans was $59,719,000.
    Incrediblebank's fee based income from loans was $1,949,000.
    Incrediblebank's net income from loans was $27,109,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $8,682
    Provision for credit losses $5,292
    Total noninterest expense $51,631
    Salaries and employee benefits $34,459
    Premises and equipment expense $5,438
    Additional noninterest expense $11,734
    Applicable income taxes $0
    Net charge-offs $1,816
    Cash dividends $19,200

    Incrediblebank's interest expense for loans was $8,682,000.
    Incrediblebank's payroll and benefits expense were $34,459,000.
    Incrediblebank's property, plant and equipment expenses $5,438,000.

    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 1.0%
    HELOC loans 2.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 1.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,394,407
    Deposits held in domestic offices $1,394,407
    Deposits by Individuals, partnerships, and corporations $1,193,540
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $200,694
    Deposits by Commercial banks and other depository institutions in U.S. $173
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $644,170
    Demand deposits $286,612
    Nontransaction accounts $750,237
    Money market deposit accounts (MMDAs) $296,356
    Other savings deposits (excluding MMDAs) $251,781
    Total time deposits $202,100
    Total time and savings deposits $1,107,795
    Noninterest-bearing deposits $286,612
    Interest-bearing deposits $1,107,795
    Retail deposits $1,335,640
    IRAs and Keogh plan accounts $28,644
    Brokered deposits $24,746
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,651,034
    Cash & Balances due from depository institutions $59,918
    Interest-bearing balances $31,038
    Total securities $216,784
    Federal funds sold & reverse repurchase $916
    Net loans and leases $1,267,521
    Loan and leases loss allowance $11,276
    Trading account assets $0
    Bank premises and fixed assets $27,376
    Other real estate owned $1,987
    Goodwill and other intangibles $22,800
    All other assets $53,732

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,651,034
    Total Liabilities $1,504,468
    Total deposits $1,394,407
    Interest-bearing deposits $1,107,795
    Deposits held in domestic offices $1,394,407
    % insured (estimated) $74
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $84,000
    Subordinated debt $0
    All other liabilities $26,061

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,267,521
    Loan and leases loss allowance $11,276
    Total loans and leases (domestic) $1,278,797
    All real estate loans $669,166
    Real estate loans in domestic offices $669,166
    Construction and development loans $51,048
    Residential 1-4 family construction $7,386
    Other construction, all land development and other land $43,662
    Loans secured by nonfarm nonresidential properties $467,758
    Nonfarm nonresidential secured by owner-occupied properties $274,967
    Commercial real estate & other non-farm, non-residential $192,791
    Multifamily residential real estate $24,697
    1-4 family residential loans $124,148
    Farmland loans $1,515
    Loans held in foreign offices $0
    Farm loans $37
    Commercial and industrial loans $516,087
    To non-U.S. addressees $0
    Loans to individuals $80,597
    Credit card loans $0
    Related Plans $367
    Consumer Auto Loans $1,820
    Other loans to individuals $78,410
    All other loans & leases $12,910
    Loans to foreign governments and official institutions $0
    Other loans $288
    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 $8,681
    Non 1-4 family restructured loans & leases $7,961
    Total loans and leases (foreign) $0

    IncredibleBank had $1,267,521,000 of loans outstanding in 2020. $669,166,000 of loans were in real estate loans. $51,048,000 of loans were in development loans. $24,697,000 of loans were in multifamily mortgage loans. $124,148,000 of loans were in 1-4 family mortgage loans. $37,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,820,000 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 548 $97,902 $178,653
    Nonfarm, nonresidential loans - <$100k 128 $4,654 $36,359
    Nonfarm, nonresidential loans - $100-250k 159 $18,578 $116,843
    Nonfarm, nonresidential loans - $250k-1MM 261 $74,670 $286,092
    Commercial & Industrial, US addressed loans - <$1MM 1,661 $212,795 $128,113
    Commercial & Industrial, US addressed loans - <$100k 933 $23,823 $25,534
    Commercial & Industrial, US addressed loans - $100-250k 283 $35,933 $126,972
    Commercial & Industrial, US addressed loans - $250k-1MM 445 $153,039 $343,908
    Farmland loans - <$1MM 9 $1,194 $132,667
    Farmland loans - <$100k 3 $138 $46,000
    Farmland loans - $100-250k 4 $613 $153,250
    Farmland loans - $250k-1MM 2 $443 $221,500
    Agriculture operations loans - <$1MM 3 $37 $12,333
    Agriculture operations loans - <$100k 3 $37 $12,333