Mutualbank Mortgage Rates, Fees & Info

Muncie, IN

LEI: 549300V3ZIDKPJ5RPX64

Tax ID: 35-0536850

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

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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

    Mutualbank is a smaller bank specializing in Home Purchase and Refi loans. Mutualbank has a high proportion of conventional loans. Their top markets by origination volume include: South Bend, Muncie, Warsaw, Indianapolis, and Evansville among others. We have data for 53 markets. (Some data included below & more in-depth data is available with an active subscription.)

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

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

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

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    Originations

    1,919

    Origination Dollar Volume (All Markets)

    $247,885,000

    Employee count

    479 Show all (11) 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
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 375 $48,125,000 $128,333 $1,668 4.74%
    MUNCIE, IN (FHA|USDA|VA) 375 $36,605,000 $97,613 $1,315 4.88%
    Warsaw, IN (FHA|USDA|VA) 266 $31,290,000 $117,632 $1,302 4.66%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 137 $28,515,000 $208,139 $2,048 4.60%
    Outside of Metro Areas 204 $17,580,000 $86,176 $1,154 4.93%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $17,005,000 $17,005,000 $0 5.00%
    ELKHART-GOSHEN, IN (FHA|USDA|VA) 110 $13,290,000 $120,818 $1,667 4.83%
    FORT WAYNE, IN (FHA|USDA|VA) 90 $12,100,000 $134,444 $1,530 5.03%
    Marion, IN (FHA|USDA|VA) 132 $9,800,000 $74,242 $1,075 4.71%
    BLOOMINGTON, IN (FHA|USDA|VA) 61 $8,515,000 $139,590 $2,090 4.73%
    NILES, MI (FHA|USDA|VA) 20 $4,990,000 $249,500 $2,845 4.27%
    Seymour, IN (FHA|USDA|VA) 25 $2,635,000 $105,400 $1,707 5.13%
    Bedford, IN (FHA|USDA|VA) 20 $1,980,000 $99,000 $1,392 4.78%
    Angola, IN (FHA|USDA|VA) 8 $1,950,000 $243,750 $2,147 4.30%
    Wabash, IN (FHA|USDA|VA) 13 $1,575,000 $121,154 $1,162 4.78%
    Plymouth, IN (FHA|USDA|VA) 8 $930,000 $116,250 $1,632 4.83%
    Kendallville, IN (FHA|USDA|VA) 5 $925,000 $185,000 $2,176 3.83%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $910,000 $455,000 $2,548 3.38%
    New Castle, IN (FHA|USDA|VA) 6 $840,000 $140,000 $2,197 4.48%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 7 $555,000 $79,286 $1,486 5.32%
    TERRE HAUTE, IN (FHA|USDA|VA) 9 $525,000 $58,333 $719 5.19%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $525,000 $525,000 $5,290 4.38%
    Washington, IN (FHA|USDA|VA) 3 $465,000 $155,000 $1,220 4.46%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $465,000 $465,000 $5,707 5.50%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $435,000 $435,000 $2,044 4.50%
    Ludington, MI (FHA|USDA|VA) 1 $415,000 $415,000 $2,524 4.25%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $385,000 $385,000 $3,367 5.00%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $375,000 $375,000 $3,165 3.25%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $360,000 $180,000 $2,050 4.63%
    Huntington, IN (FHA|USDA|VA) 4 $340,000 $85,000 $2,581 6.03%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $310,000 $155,000 $2,335 3.88%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $285,000 $285,000 $3,290 4.38%
    Sevierville, TN (FHA|USDA|VA) 1 $285,000 $285,000 $0 5.31%
    LOUISVILLE, KY (FHA|USDA|VA) 1 $255,000 $255,000 $0 6.50%
    Vincennes, IN (FHA|USDA|VA) 2 $250,000 $125,000 $948 4.19%
    Auburn, IN (FHA|USDA|VA) 3 $245,000 $81,667 $1,497 5.58%
    Bellefontaine, OH (FHA|USDA|VA) 1 $225,000 $225,000 $4,204 3.50%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $225,000 $225,000 $0 3.88%
    Sturgis, MI (FHA|USDA|VA) 2 $220,000 $110,000 $0 5.13%
    Defiance, OH (FHA|USDA|VA) 1 $205,000 $205,000 $3,974 3.63%
    Bluffton, IN (FHA|USDA|VA) 2 $180,000 $90,000 $887 5.88%
    Traverse City, MI (FHA|USDA|VA) 1 $145,000 $145,000 $2,441 3.50%
    Peru, IN (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.75%
    North Vernon, IN (FHA|USDA|VA) 2 $100,000 $50,000 $1,807 4.41%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $95,000 $95,000 $2,284 3.88%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $75,000 $75,000 $2,992 3.88%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $75,000 $75,000 $0 6.50%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $55,000 $55,000 $2,435 4.50%
    COLUMBUS, IN (FHA|USDA|VA) 1 $55,000 $55,000 $2,024 4.50%
    Jasper, IN (FHA|USDA|VA) 1 $35,000 $35,000 $0 6.00%
    MORRISTOWN, TN (FHA|USDA|VA) 1 $25,000 $25,000 $0 5.25%
    Richmond, IN (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.00%
    Scottsburg, IN (FHA|USDA|VA) 1 $5,000 $5,000 $0 5.63%
    Mutualbank's top markets include South Bend, Muncie, Warsaw, Indianapolis, and Evansville among others.

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

    • Similar Lenders

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

    PrimeTrust Financial Federal Credit Union
    Similarity Rank: 30
    Fire Police City County Federal Credit Union
    Similarity Rank: 72
    BALL STATE FEDERAL CREDIT UNION
    Similarity Rank: 75
    Circle Federal Credit Union
    Similarity Rank: 243
    BEACON CREDIT UNION
    Similarity Rank: 338
    ProFed Federal Credit Union
    Similarity Rank: 374
    Hendricks County Bank and Trust Company
    Similarity Rank: 456
    INDIANA UNIVERSITY CREDIT UNION
    Similarity Rank: 476
    Victory Community Bank
    Similarity Rank: 480
    MIDWEST AMERICA
    Similarity Rank: 600

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,391 $214,075,000 $153,900 $1,506 4.49%
    HELOC 528 $33,810,000 $64,034 n/a 5.56%

    For 2019, Mutualbank's most frequently originated type of loan was Conventional, with 1,391 originations. Their 2nd most popular type was HELOC, with 528 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 682 $37,160,000 $54,487 $8 5.42%
    Home Purchase 544 $98,800,000 $181,618 $2,316 4.42%
    Refi 402 $76,060,000 $189,204 $1,673 4.38%
    Cash Out Refi 181 $29,285,000 $161,796 $2,252 4.17%
    Home Improvement 110 $6,580,000 $59,818 $381 5.18%

    For 2019, Mutualbank's most frequently cited loan purpose was Other, with 682 originations. The 2nd most popular reason was Home Purchase, with 544 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 587 $49,585,000 $84,472 $2,093 5.27%
    30 Year 504 $95,850,000 $190,179 $2,147 4.16%
    15 Year 459 $45,775,000 $99,728 $879 4.61%
    10 Year 131 $7,565,000 $57,748 $493 4.76%
    5 Year 109 $3,855,000 $35,367 $5 5.57%
    30+ year 53 $15,455,000 $291,604 $3,986 4.24%
    Other 47 $22,065,000 $469,468 $1,349 5.14%
    1 Year 27 $6,815,000 $252,407 $0 6.41%
    3 Year 2 $920,000 $460,000 $0 5.16%

    For 2019, Mutualbank's most frequently cited loan duration was 20 Year, with 587 originations. The 2nd most popular length was 30 Year, with 504 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,198 $154,960,000 $129,349
    $1k-2k 53 $14,955,000 $282,170
    $2k-3k 9 $2,835,000 $315,000
    $5k+ 1 $1,175,000 $1,175,000

    Mutualbank's average total fees were $2,147, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,198 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 662 $88,830,000 $134,184
    3-4% 556 $104,680,000 $188,273
    5-6% 435 $40,155,000 $92,310
    6-7% 198 $9,840,000 $49,697
    7-8% 42 $1,870,000 $44,524
    2.5-3% 14 $2,210,000 $157,857
    Over 8% 12 $300,000 $25,000

    During 2019, Mutualbank's average interest rate for loans was 4.16%, while their most frequently originated rate bucket for loans was 4-5%, with 662 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,145 $54,825,000 $47,882 $820 5.13%
    $100k-200k 454 $62,590,000 $137,863 $1,887 4.37%
    $200k-400k 248 $67,020,000 $270,242 $2,479 4.14%
    $400k-600k 45 $21,905,000 $486,778 $3,363 4.11%
    $600k-1MM 20 $14,400,000 $720,000 $3,161 3.86%
    $1MM+ 7 $27,145,000 $3,877,857 $5,287 4.68%

    2019 saw Mutualbank place emphasis on $100,000 or less loans with 1,145 originations, totaling $54,825,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 459 $27,765,000 $60,490 $1,102 4.72%
    $50k-75k 419 $36,385,000 $86,838 $1,366 4.66%
    $100k-150k 333 $44,025,000 $132,207 $1,670 4.91%
    $75k-100k 282 $29,900,000 $106,028 $1,619 4.75%
    $150k-250k 205 $42,625,000 $207,927 $2,146 4.69%
    $250k+ 74 $24,810,000 $335,270 $2,417 4.74%

    Mutualbank lent most frequently to those with incomes in the $50k or less range, with 459 originations. The second most popular income band? $50k-75k, with 419 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 542 $60,110,000 $110,904 $1,445 4.73%
    <20% 395 $37,325,000 $94,494 $1,158 4.64%
    30-36% 324 $42,050,000 $129,784 $1,770 4.73%
    38% 59 $8,575,000 $145,339 $1,873 4.68%
    39% 59 $6,225,000 $105,508 $1,462 4.52%
    36% 51 $5,005,000 $98,137 $1,514 4.75%
    40% 49 $7,555,000 $154,184 $1,809 4.80%
    41% 42 $5,790,000 $137,857 $1,841 4.90%
    37% 42 $4,270,000 $101,667 $1,081 4.69%
    43% 41 $5,715,000 $139,390 $1,967 4.41%
    42% 36 $3,500,000 $97,222 $1,551 4.96%
    50-60% 26 $4,400,000 $169,231 $1,565 5.01%
    44% 26 $3,510,000 $135,000 $1,709 4.64%
    >60% 20 $2,300,000 $115,000 $1,305 5.27%
    45% 17 $2,845,000 $167,353 $2,377 4.62%
    46% 12 $1,560,000 $130,000 $2,336 5.03%
    47% 9 $1,575,000 $175,000 $1,963 3.96%
    48% 9 $1,995,000 $221,667 $2,020 4.42%
    49% 9 $1,125,000 $125,000 $1,797 4.85%

    Mutualbank lent most frequently to those with DTI ratios of 20-30%, with 542 originations. The next most common DTI ratio? <20%, with 395 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,631 $189,545,000 $116,214 $1,513 4.74%
    Not applicable 97 $36,805,000 $379,433 $4,100 5.70%
    Not provided 129 $13,845,000 $107,326 $1,343 4.75%
    Asian 21 $3,655,000 $174,048 $1,656 4.26%
    Black 28 $2,900,000 $103,571 $1,640 4.83%
    American Indian 7 $585,000 $83,571 $748 5.80%
    Chinese 1 $185,000 $185,000 $1,767 3.63%
    Vietnamese 2 $160,000 $80,000 $2,024 4.88%
    Other Pacific Islander 1 $135,000 $135,000 $2,230 5.63%
    Native Hawaiian or Islander 1 $45,000 $45,000 $0 5.25%
    Filipino 1 $25,000 $25,000 $0 5.50%

    Approval Rates

    Total approvals of all applications
    83.49%

    Mutualbank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    85.72%

    Mutualbank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,919 $247,885,000 $129,174

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 10 $24,050,000 $2,405,000
    Single Family (1-4 Units):Manufactured 27 $2,695,000 $99,815
    Single Family (1-4 Units):Site-Built 1,882 $221,140,000 $117,503

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 364 $23,590,000 $64,808 $579 5.34%
    40-60% 289 $33,305,000 $115,242 $1,324 4.50%
    60-80% 554 $116,610,000 $210,487 $1,885 4.31%
    80-100% 359 $62,715,000 $174,694 $2,088 4.33%
    Over 100% 5 $1,155,000 $231,000 $0 6.15%
    Under 20% 348 $10,510,000 $30,201 $60 5.65%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    MutualBank 100 W Third Street Marion, IN 46952 Full Service B&M $74,284
    MutualBank 101 Broadway Street Oaktown, IN 47561 Full Service B&M $6,743
    MutualBank 1010 East Main Street Gas City, IN 46933 Full Service B&M $20,502
    MutualBank 1020 North Baldwin Avenue Marion, IN 46952 Full Service B&M $19,460
    MutualBank 110 East Charles St Muncie, IN 47305 Full Service B&M $370,089
    MutualBank 11054 E Street Road 445 Bloomfield, IN 47424 Full Service B&M $21,832
    MutualBank 121 South Church Street Mishawaka, IN 46544 Full Service B&M $65,452
    MutualBank 1301 North Walnut Street Bloomington, IN 47401 Full Service B&M $6,486
    MutualBank 1307 North Cass Street Wabash, IN 46992 Full Service B&M $8,471
    MutualBank 1309 Main Street Mitchell, IN 47446 Full Service B&M $29,479
    MutualBank 1450 N.E. 'a' Street Linton, IN 47441 Full Service B&M $35,788
    MutualBank 147 West Broad Street Lyons, IN 47443 Full Service B&M $13,855
    MutualBank 2000 South Madison Street Muncie, IN 47302 Full Service B&M $37,295
    MutualBank 2034 E Center St Warsaw, IN 46580 Full Service B&M $33,638
    MutualBank 2101 South Tiger Drive Yorktown, IN 47396 Full Service B&M $47,455
    MutualBank 2111 Liberty Drive Bloomington, IN 47403 Full Service B&M $24,290
    MutualBank 219 West Market Street Warsaw, IN 46580 Full Service B&M $78,791
    MutualBank 23761 Western Ave South Bend, IN 46619 Full Service B&M $17,582
    MutualBank 25990 County Road #6 Elkhart, IN 46514 Full Service B&M $24,274
    MutualBank 2850 West Cleveland Road South Bend, IN 46628 Full Service B&M $12,461
    MutualBank 2910 West Jackson Street Muncie, IN 47304 Full Service B&M $43,899
    MutualBank 315 East Main Street Jasonville, IN 47438 Full Service B&M $20,921
    MutualBank 316 West Tipton Street Seymour, IN 47274 Full Service B&M $5,802
    MutualBank 3333 North Broadway Muncie, IN 47303 Full Service B&M $34,238
    MutualBank 401 West State Street Albany, IN 47320 Full Service B&M $47,890
    MutualBank 402 West Cleveland Road Mishawaka, IN 46545 Full Service B&M $38,798
    MutualBank 4100 Edison Lakes Pkwy, Ste 100 Mishawaka, IN 46545 Full Service B&M $79,861
    MutualBank 411 West Mckinley Mishawaka, IN 46545 Full Service B&M $20,558
    MutualBank 4330 Elkhart Road Goshen, IN 46526 Full Service B&M $16,853
    MutualBank 445 West 250 North Warsaw, IN 46580 Full Service B&M $18,206
    MutualBank 48 North Washington Street Bloomfield, IN 47424 Full Service B&M $83,991
    MutualBank 4916 Illinois Street, Suite 106 Fort Wayne, IN 46804 Full Service B&M $5,615
    MutualBank 514 North Main Street North Webster, IN 46555 Full Service B&M $33,999
    MutualBank 612 South Huntington Street Syracuse, IN 46567 Full Service B&M $12,142
    MutualBank 650 E. Carmel Drive, Suite 300 Carmel, IN 46032 Full Service B&M $10,173
    MutualBank 742 East Ireland Road South Bend, IN 46614 Full Service B&M $15,957
    MutualBank 870 East Washington Street Winchester, IN 47394 Full Service B&M $60,414
    MutualBank 893 East Main Street, Suite F Greenwood, IN 46143 Full Service B&M $11,065
    MutualBank Mcgalliard Road & Oakwood Muncie, IN 47304 Full Service B&M $72,576

    For 2019, Mutualbank had 39 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $85,194
    Net interest income $65,124
    Total noninterest income $23,957
    Gross Fiduciary activities income $3,719
    Service charges on deposit accounts $3,841
    Trading account gains and fees $0
    Additional Noninterest Income $16,397
    Pre-tax net operating income $26,331
    Securities gains (or losses, -) $1,013
    Income before extraordinary items $24,520
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $24,520
    Minority interest net income $0
    Net income $24,520
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $23,608

    Mutualbank's gross interest income from loans was $85,194,000.
    Mutualbank's net interest income from loans was $65,124,000.
    Mutualbank's fee based income from loans was $3,841,000.
    Mutualbank's net income from loans was $24,520,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $20,070
    Provision for credit losses $1,950
    Total noninterest expense $60,800
    Salaries and employee benefits $35,682
    Premises and equipment expense $6,243
    Additional noninterest expense $18,875
    Applicable income taxes $2,824
    Net charge-offs $1,924
    Cash dividends $11,000

    Mutualbank's interest expense for loans was $20,070,000.
    Mutualbank's payroll and benefits expense were $35,682,000.
    Mutualbank's property, plant and equipment expenses $6,243,000.

    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 1.9%
    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 $1,556,998
    Deposits held in domestic offices $1,556,998
    Deposits by Individuals, partnerships, and corporations $1,325,978
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $215,804
    Deposits by Commercial banks and other depository institutions in U.S. $15,216
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $129,606
    Demand deposits $90,760
    Nontransaction accounts $1,427,392
    Money market deposit accounts (MMDAs) $216,497
    Other savings deposits (excluding MMDAs) $709,136
    Total time deposits $501,759
    Total time and savings deposits $1,466,238
    Noninterest-bearing deposits $265,120
    Interest-bearing deposits $1,291,878
    Retail deposits $1,359,581
    IRAs and Keogh plan accounts $76,013
    Brokered deposits $119,872
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,058,934
    Cash & Balances due from depository institutions $32,645
    Interest-bearing balances $7,293
    Total securities $385,611
    Federal funds sold & reverse repurchase $3
    Net loans and leases $1,490,144
    Loan and leases loss allowance $13,307
    Trading account assets $1,278
    Bank premises and fixed assets $27,109
    Other real estate owned $1,217
    Goodwill and other intangibles $27,917
    All other assets $93,010

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,058,934
    Total Liabilities $1,822,195
    Total deposits $1,556,998
    Interest-bearing deposits $1,291,878
    Deposits held in domestic offices $1,556,998
    % insured (estimated) $85
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $1,278
    Other borrowed funds $248,507
    Subordinated debt $0
    All other liabilities $15,412

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,490,144
    Loan and leases loss allowance $13,307
    Total loans and leases (domestic) $1,503,451
    All real estate loans $1,049,616
    Real estate loans in domestic offices $1,049,616
    Construction and development loans $72,221
    Residential 1-4 family construction $16,076
    Other construction, all land development and other land $56,145
    Loans secured by nonfarm nonresidential properties $367,197
    Nonfarm nonresidential secured by owner-occupied properties $163,296
    Commercial real estate & other non-farm, non-residential $203,901
    Multifamily residential real estate $36,264
    1-4 family residential loans $554,304
    Farmland loans $19,630
    Loans held in foreign offices $0
    Farm loans $4,454
    Commercial and industrial loans $138,401
    To non-U.S. addressees $0
    Loans to individuals $286,302
    Credit card loans $1,472
    Related Plans $401
    Consumer Auto Loans $58,587
    Other loans to individuals $225,842
    All other loans & leases $24,677
    Loans to foreign governments and official institutions $0
    Other loans $3,871
    Loans to depository institutions and acceptances of other banks $15
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $1,168
    Non 1-4 family restructured loans & leases $822
    Total loans and leases (foreign) $0

    MutualBank had $1,490,144,000 of loans outstanding in 2019. $1,049,616,000 of loans were in real estate loans. $72,221,000 of loans were in development loans. $36,264,000 of loans were in multifamily mortgage loans. $554,304,000 of loans were in 1-4 family mortgage loans. $4,454,000 of loans were in farm loans. $1,472,000 of loans were in credit card loans. $58,587,000 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 648 $116,180 $179,290
    Nonfarm, nonresidential loans - <$100k 211 $7,952 $37,687
    Nonfarm, nonresidential loans - $100-250k 216 $25,847 $119,662
    Nonfarm, nonresidential loans - $250k-1MM 221 $82,381 $372,765
    Commercial & Industrial, US addressed loans - <$1MM 877 $70,312 $80,173
    Commercial & Industrial, US addressed loans - <$100k 581 $14,357 $24,711
    Commercial & Industrial, US addressed loans - $100-250k 142 $13,235 $93,204
    Commercial & Industrial, US addressed loans - $250k-1MM 154 $42,720 $277,403
    Farmland loans - <$1MM 86 $10,248 $119,163
    Farmland loans - <$100k 40 $1,866 $46,650
    Farmland loans - $100-250k 28 $3,437 $122,750
    Farmland loans - $250k-1MM 18 $4,945 $274,722
    Agriculture operations loans - <$1MM 53 $1,817 $34,283
    Agriculture operations loans - <$100k 46 $641 $13,935
    Agriculture operations loans - $100-250k 6 $707 $117,833
    Agriculture operations loans - $250k-1MM 1 $469 $469,000