Core Bank Mortgage Rates, Fees & Info
Omaha, NELEI: 549300Y01XP7FO81MC08
Tax ID: 47-0804165
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Overview
Core Bank is a smaller bank specializing in Home Purchase and Refi loans. Core 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 include Omaha, Lawrence, Lincoln, Phoenix, and Kansas City among others. Core Bank has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Core Bank is typically a low fee lendor.Originations
1,217Origination Dollar Volume (All Markets)
$360,445,000Employee count
121Awards
Core Bank - 2021
Core Bank is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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Relative Rate
Core Bank's average 30 year fixed rate mortgage of loans were
2.88%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of -0.27%.
Relative Fees
Core Bank's average total fees for a 30 year fixed rate
mortgage are $3,041.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1,056 | $308,930,000 | $292,547 | $2,617 | 2.92% |
| LAWRENCE, KS (FHA|USDA|VA) | 3 | $7,015,000 | $2,338,333 | $0 | 3.49% |
| LINCOLN, NE (FHA|USDA|VA) | 24 | $5,270,000 | $219,583 | $2,687 | 3.08% |
| Outside of Metro Areas | 13 | $3,095,000 | $238,077 | $3,717 | 2.83% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 4 | $2,420,000 | $605,000 | $4,392 | 2.88% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 8 | $2,260,000 | $282,500 | $1,952 | 2.77% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 4 | $1,880,000 | $470,000 | $6,798 | 2.75% |
| Fremont, NE (FHA|USDA|VA) | 8 | $1,360,000 | $170,000 | $3,042 | 2.69% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 3 | $1,225,000 | $408,333 | $7,185 | 2.17% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $1,155,000 | $385,000 | $4,259 | 2.87% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 4 | $1,070,000 | $267,500 | $11,223 | 3.16% |
| Edwards, CO (FHA|USDA|VA) | 1 | $965,000 | $965,000 | $8,290 | 2.25% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $2,177 | 2.56% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 3 | $835,000 | $278,333 | $11,740 | 2.42% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $3,440 | 2.69% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $4,307 | 2.93% |
| TULSA, OK (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $3,870 | 3.75% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $3,307 | 3.12% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $2,006 | 2.38% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $2,459 | 2.13% |
| MONTGOMERY, AL (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $3,404 | 2.87% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $3,006 | 2.69% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $2,543 | 2.50% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $2,880 | 2.67% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $11,292 | 2.38% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $0 | 3.12% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $5,601 | 2.25% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $4,809 | 2.25% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $5,165 | 2.25% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $4,167 | 2.99% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $2,787 | 2.75% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $3,334 | 2.75% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 4 | $500,000 | $125,000 | $5,800 | 3.25% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $2,044 | 2.75% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $10,392 | 2.00% |
| Sanford, NC (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $10,780 | 2.25% |
| DECATUR, AL (FHA|USDA|VA) | 4 | $460,000 | $115,000 | $0 | 3.00% |
| Kearney, NE (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $1,789 | 2.63% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $9,159 | 2.50% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $4,008 | 3.00% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $9,993 | 3.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $3,123 | 2.38% |
| FARGO, ND-MN (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $2,481 | 3.12% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $3,806 | 3.00% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $4,766 | 2.37% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,859 | 2.88% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,395 | 2.50% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,506 | 2.38% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,423 | 2.63% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,158 | 2.50% |
| Spirit Lake, IA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 3.50% |
| Meridian, MS (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $12,061 | 3.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,215 | 3.25% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $1,665 | 2.63% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,629 | 3.13% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,152 | 3.00% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 2.88% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 3.00% |
| Mountain Home, ID (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,972 | 2.50% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,607 | 2.38% |
| GRAND ISLAND, NE (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $1,350 | 2.63% |
| Faribault-Northfield, MN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,611 | 3.13% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $1,616 | 2.87% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,608 | 3.00% |
| JONESBORO, AR (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,426 | 2.25% |
| SIOUX CITY, IA-NE-SD (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $1,452 | 2.75% |
| Fort Leonard Wood, MO (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,985 | 2.62% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,829 | 2.75% |
| ROCHESTER, NY (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 3.50% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,000 | 2.63% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,306 | 2.75% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $1,859 | 2.63% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,232 | 3.63% |
Core Bank's top markets include Omaha, Lawrence, Lincoln, Phoenix, and Kansas City among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 954 | $283,010,000 | $296,656 | $2,041 | 3.02% |
| VA | 207 | $65,935,000 | $318,527 | $4,922 | 2.43% |
| FHA | 56 | $11,500,000 | $205,357 | $5,676 | 2.74% |
For the 2021 period, Core Bank's most frequently originated loan type of loans were Conventional, with 954 originations. Their 2nd most popular type is VA, with 207 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Home Purchase | 563 | $164,825,000 | $292,762 | $3,691 | 2.99% |
| Refi | 441 | $142,155,000 | $322,347 | $1,911 | 2.74% |
| Cash Out Refi | 206 | $53,020,000 | $257,379 | $2,473 | 2.96% |
| Other | 6 | $290,000 | $48,333 | $282 | 4.63% |
| Home Improvement | 1 | $155,000 | $155,000 | $297 | 3.55% |
For the 2021, Core Bank's most frequently cited loan purpose of loans were Home Purchase, with 563 originations. The 2nd most popular reason of loans were Refi, with 441 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 967 | $271,855,000 | $281,132 | $3,041 | 2.88% |
| 15 Year | 136 | $45,450,000 | $334,191 | $1,575 | 2.57% |
| 10 Year | 33 | $14,385,000 | $435,909 | $475 | 2.65% |
| 5 Year | 28 | $18,070,000 | $645,357 | $0 | 4.16% |
| Other | 22 | $4,100,000 | $186,364 | $1,371 | 3.84% |
| 20 Year | 18 | $4,210,000 | $233,889 | $1,531 | 2.87% |
| 1 Year | 13 | $2,375,000 | $182,692 | $0 | 4.44% |
For the 2021, Core Bank's most frequently cited loan length of loans were 30 Year, with 967 originations. The 2nd most popular length of loans were 15 Year, with 136 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 885 | $227,745,000 | $257,339 |
| $1k-2k | 137 | $55,345,000 | $403,978 |
| $2k-3k | 19 | $6,475,000 | $340,789 |
| $3k-4k | 9 | $3,555,000 | $395,000 |
| $5k+ | 2 | $960,000 | $480,000 |
$3,041 of loans were Core Bank's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 885 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 512 | $134,200,000 | $262,109 |
| <2.5% | 329 | $92,245,000 | $280,380 |
| 3-4% | 303 | $105,985,000 | $349,785 |
| 4-5% | 73 | $28,015,000 | $383,767 |
During 2021, Core Bank's average interest rate of loans were 2.88%, while their most frequently originated rate bucket of loans were 2.5-3%, with 512 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $200k-400k | 581 | $163,195,000 | $280,886 | $2,974 | 2.80% |
| $100k-200k | 375 | $57,835,000 | $154,227 | $2,171 | 3.05% |
| $400k-600k | 128 | $61,970,000 | $484,141 | $3,875 | 2.73% |
| $100,000 or less | 90 | $5,970,000 | $66,333 | $1,237 | 3.05% |
| $600k-1MM | 24 | $17,720,000 | $738,333 | $3,498 | 3.08% |
| $1MM+ | 19 | $53,755,000 | $2,829,211 | $3,991 | 3.47% |
2021 saw Core Bank place emphasis on $200k-400k loans with 581 originations, totaling $163,195,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-150k | 270 | $74,550,000 | $276,111 | $2,956 | 2.88% |
| $50k-75k | 225 | $42,575,000 | $189,222 | $2,978 | 2.84% |
| $75k-100k | 199 | $45,495,000 | $228,618 | $2,911 | 2.82% |
| $150k-250k | 191 | $63,675,000 | $333,377 | $2,720 | 2.87% |
| $50k or less | 103 | $14,845,000 | $144,126 | $2,385 | 2.86% |
| $250k+ | 81 | $42,535,000 | $525,123 | $2,592 | 3.01% |
Core Bank lent most frequently to those with incomes in the $100k-150k range, with 270 originations. The second most popular income band? $50k-75k, with 225 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-30% | 257 | $68,835,000 | $267,840 | $2,424 | 2.83% |
| 30-36% | 194 | $52,280,000 | $269,485 | $2,661 | 2.88% |
| <20% | 108 | $31,260,000 | $289,444 | $2,161 | 2.79% |
| 44% | 46 | $11,570,000 | $251,522 | $3,367 | 2.81% |
| 50-60% | 45 | $12,795,000 | $284,333 | $6,010 | 2.67% |
| 38% | 45 | $11,685,000 | $259,667 | $3,065 | 2.99% |
| 40% | 44 | $13,040,000 | $296,364 | $2,977 | 2.84% |
| 39% | 37 | $7,685,000 | $207,703 | $2,793 | 2.96% |
| 36% | 37 | $11,205,000 | $302,838 | $2,624 | 3.03% |
| 41% | 37 | $10,905,000 | $294,730 | $2,867 | 2.84% |
| 43% | 35 | $8,365,000 | $239,000 | $2,539 | 2.87% |
| 49% | 33 | $7,625,000 | $231,061 | $3,576 | 2.97% |
| 42% | 29 | $6,025,000 | $207,759 | $2,238 | 2.86% |
| 37% | 27 | $6,535,000 | $242,037 | $2,851 | 2.86% |
| 45% | 26 | $6,930,000 | $266,538 | $3,126 | 2.80% |
| 47% | 24 | $6,020,000 | $250,833 | $3,364 | 2.83% |
| 48% | 24 | $6,080,000 | $253,333 | $2,327 | 2.81% |
| 46% | 18 | $4,740,000 | $263,333 | $3,085 | 2.82% |
| >60% | 1 | $555,000 | $555,000 | $12,917 | 2.38% |
Core Bank lent most frequently to those with DTI ratios of 20-30%, with 257 originations. The next most common DTI ratio? 30-36%, with 194 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 949 | $256,885,000 | $270,690 | $2,772 | 2.84% |
| Not applicable | 65 | $50,865,000 | $782,538 | $0 | 4.18% |
| Not provided | 145 | $37,965,000 | $261,828 | $2,993 | 2.85% |
| Asian | 29 | $8,285,000 | $285,690 | $1,894 | 2.68% |
| Black | 26 | $5,980,000 | $230,000 | $3,199 | 2.73% |
| American Indian | 3 | $465,000 | $155,000 | $5,320 | 2.67% |
Approval Rates
Total approvals of all applications97.21%
Core 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 origination87.03%
Core Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,217 | $360,445,000 | $296,175 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 1,217 | $360,445,000 | $296,175 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 55 | $9,465,000 | $172,091 | $1,795 | 3.09% |
| 40-60% | 157 | $42,305,000 | $269,459 | $1,808 | 2.82% |
| 60-80% | 470 | $148,730,000 | $316,447 | $2,025 | 3.01% |
| 80-100% | 480 | $148,780,000 | $309,958 | $3,348 | 2.87% |
| Over 100% | 31 | $10,035,000 | $323,710 | $10,834 | 2.43% |
| Under 20% | 24 | $1,130,000 | $47,083 | $585 | 2.24% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Core Bank | 12100 West Center Road Omaha, NE 68144 | Full Service B&M | $92,771 |
| Core Bank | 13220 Birch Drive Omaha, NE 68164 | Full Service B&M | $31,439 |
| Core Bank | 16805 Q Street Omaha, NE 68135 | Full Service B&M | $55,970 |
| Core Bank | 17807 Burke Street Omaha, NE 68118 | Full Service B&M | $368,828 |
| Core Bank | 2545 South 180th Street Omaha, NE 68130 | Full Service B&M | $65,685 |
| Core Bank | 7400 College Boulevard, Suite 205 Overland Park, KS 66210 | Full Service B&M | $32,414 |
For 2021, Core Bank had 6 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $31,295 |
| Net interest income | $29,855 |
| Total noninterest income | $14,447 |
| Gross Fiduciary activities income | $1,281 |
| Service charges on deposit accounts | $397 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $12,769 |
| Pre-tax net operating income | $13,430 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $11,021 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $11,021 |
| Minority interest net income | $0 |
| Net income | $11,021 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $11,021 |
Core Bank's gross interest income from loans was $31,295,000.
Core Bank's net interest income from loans was $29,855,000.
Core Bank's fee based income from loans was $397,000.
Core Bank's net income from loans was $11,021,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $1,440 |
| Provision for credit losses | $2,000 |
| Total noninterest expense | $28,872 |
| Salaries and employee benefits | $18,207 |
| Premises and equipment expense | $3,965 |
| Additional noninterest expense | $6,700 |
| Applicable income taxes | $2,409 |
| Net charge-offs | $186 |
| Cash dividends | $340 |
Core Bank's interest expense for loans was $1,440,000.
Core Bank's payroll and benefits expense were $18,207,000.
Core Bank's property, plant and equipment expenses $3,965,000.
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 | $703,637 |
| Deposits held in domestic offices | $703,637 |
| Deposits by Individuals, partnerships, and corporations | $682,972 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $19,422 |
| Deposits by Commercial banks and other depository institutions in U.S. | $1,242 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $307,169 |
| Demand deposits | $174,660 |
| Nontransaction accounts | $396,467 |
| Money market deposit accounts (MMDAs) | $348,213 |
| Other savings deposits (excluding MMDAs) | $28,056 |
| Total time deposits | $20,197 |
| Total time and savings deposits | $528,976 |
| Noninterest-bearing deposits | $157,832 |
| Interest-bearing deposits | $545,805 |
| Retail deposits | $698,338 |
| IRAs and Keogh plan accounts | $0 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $796,827 |
| Cash & Balances due from depository institutions | $48,154 |
| Interest-bearing balances | $43,567 |
| Total securities | $37,114 |
| Federal funds sold & reverse repurchase | $295 |
| Net loans and leases | $663,257 |
| Loan and leases loss allowance | $9,097 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $26,257 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $183 |
| All other assets | $21,567 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $796,827 |
| Total Liabilities | $725,605 |
| Total deposits | $703,637 |
| Interest-bearing deposits | $545,805 |
| Deposits held in domestic offices | $703,637 |
| % insured (estimated) | $61 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $15,000 |
| Subordinated debt | $0 |
| All other liabilities | $6,968 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $663,257 |
| Loan and leases loss allowance | $9,097 |
| Total loans and leases (domestic) | $672,354 |
| All real estate loans | $505,059 |
| Real estate loans in domestic offices | $505,059 |
| Construction and development loans | $133,317 |
| Residential 1-4 family construction | $50,689 |
| Other construction, all land development and other land | $82,628 |
| Loans secured by nonfarm nonresidential properties | $175,901 |
| Nonfarm nonresidential secured by owner-occupied properties | $76,682 |
| Commercial real estate & other non-farm, non-residential | $99,219 |
| Multifamily residential real estate | $68,946 |
| 1-4 family residential loans | $121,902 |
| Farmland loans | $4,993 |
| Loans held in foreign offices | $0 |
| Farm loans | $0 |
| Commercial and industrial loans | $155,157 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $3,185 |
| Credit card loans | $0 |
| Related Plans | $99 |
| Consumer Auto Loans | $453 |
| Other loans to individuals | $2,633 |
| All other loans & leases | $8,953 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $21 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $21,788 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $1,862 |
| Non 1-4 family restructured loans & leases | $1,597 |
| Total loans and leases (foreign) | $0 |
Core Bank had $663,257,000 of loans outstanding in 2021. $505,059,000 of loans were in real estate loans. $133,317,000 of loans were in development loans. $68,946,000 of loans were in multifamily mortgage loans. $121,902,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $453,000 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 | 100 | $34,979 | $349,790 |
| Nonfarm, nonresidential loans - <$100k | 6 | $312 | $52,000 |
| Nonfarm, nonresidential loans - $100-250k | 19 | $2,655 | $139,737 |
| Nonfarm, nonresidential loans - $250k-1MM | 75 | $32,012 | $426,827 |
| Commercial & Industrial, US addressed loans - <$1MM | 471 | $54,636 | $116,000 |
| Commercial & Industrial, US addressed loans - <$100k | 266 | $6,232 | $23,429 |
| Commercial & Industrial, US addressed loans - $100-250k | 88 | $8,854 | $100,614 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 117 | $39,550 | $338,034 |
| Farmland loans - <$1MM | 9 | $1,240 | $137,778 |
| Farmland loans - <$100k | 1 | $81 | $81,000 |
| Farmland loans - $100-250k | 5 | $466 | $93,200 |
| Farmland loans - $250k-1MM | 3 | $693 | $231,000 |
