Devon Bank Mortgage Rates, Fees & Info

Chicago, IL

LEI: 549300UV5JQXLGVWIP44

Tax ID: 36-2030168

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

Review & Overview

Devon Bank is a smaller bank specializing in Home Purchase and Refi loans. Devon Bank has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Seattle, Minneapolis, Dallas, and Los Angeles among others. We have data for 89 markets. (Some data included below & more in-depth data is available with an active subscription.)

Devon 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. Devon Bank is typically an average 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	6.90%	4/30/24
30 Year Conventional Refi	6.60%	4/30/24
30 Year Cash-out Refi	6.92%	4/30/24
30 Year FHA Purchase	6.27%	4/30/24
15 Year Conventional Purchase	6.75%	4/30/24
15 Year Conventional Refi	5.92%	4/30/24
15 Year Cash-out Refi	5.92%	4/30/24
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.

Devon 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 Devon 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

1,086

Origination Dollar Volume (All Markets)

$381,390,000

Employee count

136

Awards

Devon Bank 30 Year Conventional Loans silver

Show all (1) 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
Chicago-Naperville-Elgin, IL-IN-WI (FHA\|USDA\|VA)	256	$74,090,000	$289,414	$3,954	3.11%
Seattle-Tacoma-Bellevue, WA (FHA\|USDA\|VA)	73	$38,745,000	$530,753	$5,688	3.15%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA\|USDA\|VA)	110	$38,110,000	$346,455	$4,811	3.05%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	96	$32,530,000	$338,854	$4,660	2.90%
Los Angeles-Long Beach-Anaheim, CA (FHA\|USDA\|VA)	54	$27,960,000	$517,778	$4,796	3.14%
San Francisco-Oakland-Berkeley, CA (FHA\|USDA\|VA)	44	$22,530,000	$512,045	$5,176	3.14%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	63	$17,405,000	$276,270	$3,924	3.06%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA\|USDA\|VA)	34	$14,220,000	$418,235	$4,811	3.19%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA\|USDA\|VA)	12	$7,730,000	$644,167	$3,893	3.45%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA\|USDA\|VA)	17	$7,305,000	$429,706	$5,445	3.07%
STOCKTON, CA (FHA\|USDA\|VA)	17	$6,835,000	$402,059	$5,136	3.24%
LOUISVILLE, KY (FHA\|USDA\|VA)	32	$6,790,000	$212,188	$4,227	3.02%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA\|USDA\|VA)	13	$6,015,000	$462,692	$6,817	2.89%
DENVER-AURORA-LAKEWOOD, CO (FHA\|USDA\|VA)	15	$5,775,000	$385,000	$3,645	3.30%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA\|USDA\|VA)	16	$5,660,000	$353,750	$3,560	3.06%
Detroit-Warren-Dearborn, MI (FHA\|USDA\|VA)	19	$5,055,000	$266,053	$3,479	2.77%
PHOENIX-MESA-CHANDLER, AZ (FHA\|USDA\|VA)	15	$3,845,000	$256,333	$3,203	3.03%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA\|USDA\|VA)	7	$3,405,000	$486,429	$4,665	2.88%
SALT LAKE CITY, UT (FHA\|USDA\|VA)	6	$3,150,000	$525,000	$7,170	3.00%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA\|USDA\|VA)	10	$3,140,000	$314,000	$4,034	3.20%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA\|USDA\|VA)	8	$2,950,000	$368,750	$3,744	3.22%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA\|USDA\|VA)	8	$2,780,000	$347,500	$4,233	2.67%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA\|USDA\|VA)	9	$2,355,000	$261,667	$2,964	3.01%
RALEIGH-CARY, NC (FHA\|USDA\|VA)	7	$2,215,000	$316,429	$5,277	3.00%
Boston-Cambridge-Newton, MA-NH (FHA\|USDA\|VA)	4	$2,030,000	$507,500	$5,516	3.03%
NEW ORLEANS-METAIRIE, LA (FHA\|USDA\|VA)	9	$2,005,000	$222,778	$4,919	3.10%
COLUMBUS, OH (FHA\|USDA\|VA)	6	$1,990,000	$331,667	$3,543	3.02%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA\|USDA\|VA)	7	$1,885,000	$269,286	$3,750	2.66%
MADISON, WI (FHA\|USDA\|VA)	6	$1,830,000	$305,000	$3,035	3.46%
CINCINNATI, OH-KY-IN (FHA\|USDA\|VA)	5	$1,655,000	$331,000	$5,859	3.18%
GREENSBORO-HIGH POINT, NC (FHA\|USDA\|VA)	7	$1,505,000	$215,000	$4,053	2.95%
MILWAUKEE-WAUKESHA, WI (FHA\|USDA\|VA)	5	$1,425,000	$285,000	$2,669	2.60%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA\|USDA\|VA)	4	$1,360,000	$340,000	$5,028	2.69%
ST. LOUIS, MO-IL (FHA\|USDA\|VA)	4	$1,200,000	$300,000	$4,651	2.88%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA\|USDA\|VA)	3	$1,195,000	$398,333	$5,036	3.04%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA\|USDA\|VA)	4	$1,080,000	$270,000	$2,820	3.00%
BELLINGHAM, WA (FHA\|USDA\|VA)	3	$1,045,000	$348,333	$3,205	3.71%
JACKSONVILLE, FL (FHA\|USDA\|VA)	4	$1,040,000	$260,000	$4,017	3.78%
PITTSBURGH, PA (FHA\|USDA\|VA)	3	$975,000	$325,000	$4,626	3.79%
BATON ROUGE, LA (FHA\|USDA\|VA)	3	$915,000	$305,000	$5,899	3.17%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA\|USDA\|VA)	2	$880,000	$440,000	$5,821	3.13%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA\|USDA\|VA)	3	$875,000	$291,667	$3,890	3.96%
FRESNO, CA (FHA\|USDA\|VA)	3	$875,000	$291,667	$3,185	4.04%
TUCSON, AZ (FHA\|USDA\|VA)	2	$650,000	$325,000	$2,695	4.88%
SANTA ROSA-PETALUMA, CA (FHA\|USDA\|VA)	1	$625,000	$625,000	$7,835	3.13%
ST. CLOUD, MN (FHA\|USDA\|VA)	2	$570,000	$285,000	$4,231	3.31%
KANSAS CITY, MO-KS (FHA\|USDA\|VA)	3	$565,000	$188,333	$3,045	3.67%
ROCHESTER, MN (FHA\|USDA\|VA)	2	$560,000	$280,000	$4,510	3.38%
CLEVELAND-ELYRIA, OH (FHA\|USDA\|VA)	2	$540,000	$270,000	$3,319	2.25%
OKLAHOMA CITY, OK (FHA\|USDA\|VA)	3	$535,000	$178,333	$3,712	2.92%
DAYTON-KETTERING, OH (FHA\|USDA\|VA)	2	$520,000	$260,000	$5,773	3.13%
TULSA, OK (FHA\|USDA\|VA)	2	$520,000	$260,000	$7,540	2.25%
SPRINGFIELD, IL (FHA\|USDA\|VA)	1	$515,000	$515,000	$13,824	3.13%
COLORADO SPRINGS, CO (FHA\|USDA\|VA)	1	$505,000	$505,000	$3,517	2.50%
JOPLIN, MO (FHA\|USDA\|VA)	2	$470,000	$235,000	$4,620	2.50%
DURHAM-CHAPEL HILL, NC (FHA\|USDA\|VA)	2	$470,000	$235,000	$4,814	3.00%
VALLEJO, CA (FHA\|USDA\|VA)	1	$425,000	$425,000	$12,411	4.63%
NEW HAVEN-MILFORD, CT (FHA\|USDA\|VA)	1	$405,000	$405,000	$4,255	2.38%
PENSACOLA-FERRY PASS-BRENT, FL (FHA\|USDA\|VA)	1	$385,000	$385,000	$5,738	3.38%
PROVO-OREM, UT (FHA\|USDA\|VA)	1	$365,000	$365,000	$3,775	3.13%
MOBILE, AL (FHA\|USDA\|VA)	1	$365,000	$365,000	$10,118	3.25%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA\|USDA\|VA)	1	$325,000	$325,000	$5,284	3.00%
SALINAS, CA (FHA\|USDA\|VA)	1	$305,000	$305,000	$3,682	2.88%
BOWLING GREEN, KY (FHA\|USDA\|VA)	2	$300,000	$150,000	$3,456	3.38%
COLUMBIA, SC (FHA\|USDA\|VA)	1	$295,000	$295,000	$4,435	3.13%
PEORIA, IL (FHA\|USDA\|VA)	1	$285,000	$285,000	$7,970	2.00%
Whitewater, WI (FHA\|USDA\|VA)	1	$275,000	$275,000	$0	4.50%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA\|USDA\|VA)	1	$265,000	$265,000	$5,128	3.00%
CHARLESTON-NORTH CHARLESTON, SC (FHA\|USDA\|VA)	1	$255,000	$255,000	$6,172	2.88%
ALBANY, GA (FHA\|USDA\|VA)	1	$255,000	$255,000	$3,350	3.38%
SAVANNAH, GA (FHA\|USDA\|VA)	1	$245,000	$245,000	$2,801	3.25%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA\|USDA\|VA)	1	$235,000	$235,000	$4,501	2.63%
TOLEDO, OH (FHA\|USDA\|VA)	1	$225,000	$225,000	$3,632	3.13%
GRAND FORKS, ND-MN (FHA\|USDA\|VA)	1	$225,000	$225,000	$2,051	2.25%
LAKELAND-WINTER HAVEN, FL (FHA\|USDA\|VA)	1	$225,000	$225,000	$4,955	3.25%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA\|USDA\|VA)	1	$215,000	$215,000	$3,165	3.25%
Corsicana, TX (FHA\|USDA\|VA)	1	$215,000	$215,000	$7,557	3.00%
SHREVEPORT-BOSSIER CITY, LA (FHA\|USDA\|VA)	1	$205,000	$205,000	$3,979	3.13%
FLORENCE-MUSCLE SHOALS, AL (FHA\|USDA\|VA)	1	$195,000	$195,000	$2,985	2.75%
Ruston, LA (FHA\|USDA\|VA)	1	$195,000	$195,000	$3,312	2.63%
EUGENE-SPRINGFIELD, OR (FHA\|USDA\|VA)	1	$185,000	$185,000	$3,044	2.63%
LANSING-EAST LANSING, MI (FHA\|USDA\|VA)	2	$180,000	$90,000	$0	4.19%
Willmar, MN (FHA\|USDA\|VA)	1	$175,000	$175,000	$3,499	3.25%
OSHKOSH-NEENAH, WI (FHA\|USDA\|VA)	1	$175,000	$175,000	$6,079	3.38%
NILES, MI (FHA\|USDA\|VA)	1	$135,000	$135,000	$2,475	3.30%
BEAUMONT-PORT ARTHUR, TX (FHA\|USDA\|VA)	1	$135,000	$135,000	$2,788	2.25%
GRAND RAPIDS-KENTWOOD, MI (FHA\|USDA\|VA)	1	$125,000	$125,000	$3,209	2.50%
FAYETTEVILLE, NC (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	3.63%
Alma, MI (FHA\|USDA\|VA)	1	$75,000	$75,000	$3,026	3.50%

Devon Bank's top markets include Chicago, Seattle, Minneapolis, Dallas, and Los Angeles among others.

Their top states include:

California (FHA|USDA|VA)

Illinois (FHA|USDA|VA)

Texas (FHA|USDA|VA)

Washington (FHA|USDA|VA)

Minnesota (FHA|USDA|VA)

Similar Lenders

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

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Anoka Hennepin Credit Union
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Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	1,086	$381,390,000	$351,188	$4,499	3.09%

For 2021, Devon Bank's most frequently originated type of loan was Conventional, with 1,086 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	618	$227,460,000	$368,058	$5,219	3.26%
Refi	462	$152,720,000	$330,563	$3,549	2.85%
Cash Out Refi	5	$1,115,000	$223,000	$2,807	3.10%
Home Improvement	1	$95,000	$95,000	$0	5.25%

For 2021, Devon Bank's most frequently cited loan purpose was Home Purchase, with 618 originations. The 2nd most popular reason was Refi, with 462 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	722	$273,630,000	$378,989	$5,060	3.19%
15 Year	252	$71,860,000	$285,159	$3,404	2.79%
20 Year	51	$16,575,000	$325,000	$3,857	2.88%
10 Year	47	$11,665,000	$248,191	$2,928	2.99%
Other	8	$3,950,000	$493,750	$2,511	3.73%
5 Year	6	$3,710,000	$618,333	$0	4.34%

For 2021, Devon Bank's most frequently cited loan duration was 30 Year, with 722 originations. The 2nd most popular length was 15 Year, with 252 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$1k-2k	627	$219,845,000	$350,630
$<1k	166	$48,470,000	$291,988
$2k-3k	102	$42,580,000	$417,451
$3k-4k	38	$17,220,000	$453,158
$4k-5k	22	$10,710,000	$486,818
$5k+	14	$8,030,000	$573,571

Devon Bank's average total fees were $5,060, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 627 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
3-4%	473	$178,255,000	$376,860
2.5-3%	342	$126,440,000	$369,708
<2.5%	207	$60,375,000	$291,667
4-5%	35	$12,275,000	$350,714
6-7%	15	$2,345,000	$156,333
5-6%	14	$1,700,000	$121,429

During 2021, Devon Bank's average interest rate for loans was 3.19%, while their most frequently originated rate bucket for loans was 3-4%, with 473 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	487	$141,895,000	$291,366	$4,187	2.99%
$400k-600k	275	$135,995,000	$494,527	$5,340	3.06%
$100k-200k	205	$32,235,000	$157,244	$3,202	3.15%
$600k-1MM	88	$63,610,000	$722,841	$6,634	3.08%
$100,000 or less	27	$2,015,000	$74,630	$1,849	4.37%
$1MM+	4	$5,640,000	$1,410,000	$6,658	4.03%

2021 saw Devon Bank place emphasis on $200k-400k loans with 487 originations, totaling $141,895,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	335	$116,995,000	$349,239	$4,460	2.96%
$150k-250k	234	$97,110,000	$415,000	$4,558	3.17%
$75k-100k	175	$56,545,000	$323,114	$4,624	2.99%
$50k-75k	150	$39,810,000	$265,400	$4,385	3.07%
$250k+	108	$49,730,000	$460,463	$4,648	3.27%
$50k or less	71	$12,705,000	$178,944	$4,255	3.15%

Devon Bank lent most frequently to those with incomes in the $100k-150k range, with 335 originations. The second most popular income band? $150k-250k, with 234 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	281	$94,005,000	$334,537	$4,162	2.99%
30-36%	212	$75,950,000	$358,255	$4,527	3.04%
<20%	84	$24,960,000	$297,143	$3,975	2.85%
44%	54	$17,960,000	$332,593	$4,412	3.15%
43%	45	$16,385,000	$364,111	$4,676	3.26%
42%	43	$15,925,000	$370,349	$4,630	3.18%
36%	40	$15,670,000	$391,750	$4,559	3.53%
37%	40	$15,450,000	$386,250	$5,340	2.95%
40%	37	$14,375,000	$388,514	$4,441	3.28%
39%	36	$11,260,000	$312,778	$4,805	3.10%
38%	34	$12,330,000	$362,647	$5,100	3.38%
45%	33	$12,485,000	$378,333	$4,809	3.07%
46%	28	$9,750,000	$348,214	$5,062	3.11%
49%	25	$8,655,000	$346,200	$4,637	3.03%
41%	25	$7,075,000	$283,000	$4,969	3.17%
47%	21	$7,455,000	$355,000	$5,139	2.93%
48%	20	$8,080,000	$404,000	$4,643	2.88%
50-60%	13	$4,875,000	$375,000	$5,074	3.10%
>60%	2	$250,000	$125,000	$3,874	3.90%

Devon Bank lent most frequently to those with DTI ratios of 20-30%, with 281 originations. The next most common DTI ratio? 30-36%, with 212 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
Asian	368	$134,200,000	$364,674	$4,532	3.03%
Black	190	$66,350,000	$349,211	$4,898	3.15%
Not provided	189	$63,455,000	$335,741	$4,262	3.14%
White	183	$59,255,000	$323,798	$4,220	3.10%
Asian Indian	77	$25,515,000	$331,364	$4,549	2.87%
Other Asian	63	$23,075,000	$366,270	$4,484	3.06%
Not applicable	13	$8,495,000	$653,462	$0	4.23%
American Indian	2	$740,000	$370,000	$5,201	2.88%
Other Pacific Islander	1	$305,000	$305,000	$5,775	3.13%

Approval Rates

Total approvals of all applications
96.16%

Devon 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
49.54%

Devon Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

Points and Fees

Points	Originations	Total Value	Average Loan
NA	1,086	$381,390,000	$351,188

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	1,086	$381,390,000	$351,188

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	62	$18,090,000	$291,774	$3,544	2.80%
40-60%	190	$66,110,000	$347,947	$3,808	2.77%
60-80%	478	$171,470,000	$358,724	$4,158	3.07%
80-100%	323	$120,385,000	$372,709	$5,785	3.10%
Under 20%	33	$5,335,000	$161,667	$1,159	5.51%

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
Devon Bank	561 North Milwaukee Avenue Wheeling, IL 60090	Full Service B&M	$52,800
Devon Bank	6445 North Western Avenue Chicago, IL 60645	Full Service B&M	$226,808
Devon Bank	950 Milwaukee Avenue Glenview, IL 60025	Full Service B&M	$46,017

For 2021, Devon Bank had 3 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$11,290
Net interest income	$10,494
Total noninterest income	$15,645
Gross Fiduciary activities income	$1,629
Service charges on deposit accounts	$172
Trading account gains and fees	$0
Additional Noninterest Income	$13,844
Pre-tax net operating income	$3,251
Securities gains (or losses, -)	$4
Income before extraordinary items	$2,357
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$2,357
Minority interest net income	$0
Net income	$2,357
Sale, conversion, retirement of capital stock, net	$938
Net operating income	$2,353

Devon Bank's gross interest income from loans was $11,290,000.
Devon Bank's net interest income from loans was $10,494,000.
Devon Bank's fee based income from loans was $172,000.
Devon Bank's net income from loans was $2,357,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$796
Provision for credit losses	$0
Total noninterest expense	$22,888
Salaries and employee benefits	$15,216
Premises and equipment expense	$2,550
Additional noninterest expense	$5,122
Applicable income taxes	$898
Net charge-offs	$16
Cash dividends	$68

Devon Bank's interest expense for loans was $796,000.
Devon Bank's payroll and benefits expense were $15,216,000.
Devon Bank's property, plant and equipment expenses $2,550,000.

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	0.0%
Personal loans	0.0%
Credit card loans	0.0%
Other individual loans	0.0%
Auto loans	0.0%
Other consumer loans	0.0%
Unsecured commercial real estate loans	0.0%

Deposits

Type	Value (in 000's)
Total deposits	$345,351
Deposits held in domestic offices	$345,351
Deposits by Individuals, partnerships, and corporations	$338,884
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$0
Deposits by Commercial banks and other depository institutions in U.S.	$6,467
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$150,540
Demand deposits	$122,052
Nontransaction accounts	$194,811
Money market deposit accounts (MMDAs)	$47,030
Other savings deposits (excluding MMDAs)	$36,450
Total time deposits	$111,332
Total time and savings deposits	$223,299
Noninterest-bearing deposits	$122,050
Interest-bearing deposits	$223,301
Retail deposits	$273,417
IRAs and Keogh plan accounts	$10,314
Brokered deposits	$55,126
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$451,130
Cash & Balances due from depository institutions	$11,558
Interest-bearing balances	$9,069
Total securities	$190,313
Federal funds sold & reverse repurchase	$0
Net loans and leases	$211,824
Loan and leases loss allowance	$4,969
Trading account assets	$0
Bank premises and fixed assets	$8,715
Other real estate owned	$618
Goodwill and other intangibles	$6,730
All other assets	$21,372

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$451,130
Total Liabilities	$420,850
Total deposits	$345,351
Interest-bearing deposits	$223,301
Deposits held in domestic offices	$345,351
% insured (estimated)	$65
Federal funds purchased and repurchase agreements	$500
Trading liabilities	$0
Other borrowed funds	$71,128
Subordinated debt	$0
All other liabilities	$3,871

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$211,824
Loan and leases loss allowance	$4,969
Total loans and leases (domestic)	$216,793
All real estate loans	$169,027
Real estate loans in domestic offices	$169,027
Construction and development loans	$16,433
Residential 1-4 family construction	$4,705
Other construction, all land development and other land	$11,728
Loans secured by nonfarm nonresidential properties	$87,839
Nonfarm nonresidential secured by owner-occupied properties	$28,391
Commercial real estate & other non-farm, non-residential	$59,448
Multifamily residential real estate	$16,533
1-4 family residential loans	$48,222
Farmland loans	$0
Loans held in foreign offices	$0
Farm loans	$0
Commercial and industrial loans	$39,499
To non-U.S. addressees	$0
Loans to individuals	$7,854
Credit card loans	$0
Related Plans	$0
Consumer Auto Loans	$48
Other loans to individuals	$7,806
All other loans & leases	$413
Loans to foreign governments and official institutions	$0
Other loans	$100
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	$1,742
Non 1-4 family restructured loans & leases	$866
Total loans and leases (foreign)	$0

Devon Bank had $211,824,000 of loans outstanding in 2021. $169,027,000 of loans were in real estate loans. $16,433,000 of loans were in development loans. $16,533,000 of loans were in multifamily mortgage loans. $48,222,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $48,000 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	99	$26,061	$263,242
Nonfarm, nonresidential loans - <$100k	9	$283	$31,444
Nonfarm, nonresidential loans - $100-250k	29	$3,680	$126,897
Nonfarm, nonresidential loans - $250k-1MM	61	$22,098	$362,262
Commercial & Industrial, US addressed loans - <$1MM	152	$23,213	$152,717
Commercial & Industrial, US addressed loans - <$100k	58	$1,646	$28,379
Commercial & Industrial, US addressed loans - $100-250k	44	$5,105	$116,023
Commercial & Industrial, US addressed loans - $250k-1MM	50	$16,462	$329,240