Meridian Bank Corporation Mortgage Rates, Fees & Info

Malvern,

LEI: 635400IW1QMK3FNFF894

Tax ID: 32-0116054

4.4 stars - out of 5 stars, based on 87 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Bank Data

    Review & Overview

    Meridian Bank Corporation is a small bank specializing in Home Purchase and Refi loans. Meridian Bank Corporation has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Baltimore, Philadelphia, Washington, Salisbury, and Dover among others. We have data for 251 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Meridian Bank Corporation 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. Meridian Bank Corporation 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.

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    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.91% 11/27/22
    30 Year Conventional Refi 6.70% 11/27/22
    30 Year Cash-out Refi 6.89% 11/27/22
    30 Year FHA Purchase 7.74% 11/27/22
    30 Year FHA Refi 7.27% 11/27/22
    30 Year VA Purchase 6.46% 11/27/22
    30 Year VA Refi 6.11% 11/27/22
    30 Year USDA Purchase 7.05% 11/27/22
    30 Year USDA Refi 7.09% 11/27/22
    15 Year Conventional Purchase 6.12% 11/27/22
    15 Year Conventional Refi 6.13% 11/27/22
    15 Year Cash-out Refi 6.13% 11/27/22
    15 Year FHA Purchase 8.57% 11/27/22
    15 Year FHA Refi 7.12% 11/27/22
    15 Year VA Refi 6.02% 11/27/22
    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.


    Originations

    7,492

    Origination Dollar Volume (All Markets)

    $2,361,110,000

    Employee count

    409 Show all (13) awards

    Relative Rate

    Meridian Bank Corporation's average 30 year fixed mortgage rate was 2.97%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.18%.

    Relative Fees (Closing Costs)

    Meridian Bank Corporation's average total fees/closing costs for a 30 year fixed rate mortgage were $5,879.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2,699 $842,545,000 $312,169 $5,247 2.87%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2,149 $670,895,000 $312,189 $6,246 3.18%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 599 $239,675,000 $400,125 $5,603 2.82%
    SALISBURY, MD-DE (FHA|USDA|VA) 420 $103,650,000 $246,786 $6,345 2.99%
    DOVER, DE (FHA|USDA|VA) 158 $40,520,000 $256,456 $7,485 3.19%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 87 $30,855,000 $354,655 $5,848 2.98%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 91 $23,875,000 $262,363 $4,782 3.14%
    LANCASTER, PA (FHA|USDA|VA) 95 $23,565,000 $248,053 $5,824 2.93%
    OCEAN CITY, NJ (FHA|USDA|VA) 50 $20,430,000 $408,600 $6,492 2.89%
    YORK-HANOVER, PA (FHA|USDA|VA) 80 $19,000,000 $237,500 $5,523 2.81%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 62 $14,200,000 $229,032 $5,011 2.96%
    Outside of Metro Areas 39 $12,675,000 $325,000 $5,680 2.88%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 25 $12,165,000 $486,600 $4,763 2.80%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 30 $9,950,000 $331,667 $4,826 2.65%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 22 $9,560,000 $434,545 $6,231 2.87%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 32 $8,190,000 $255,938 $5,155 2.77%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 24 $7,740,000 $322,500 $5,679 2.73%
    READING, PA (FHA|USDA|VA) 25 $6,855,000 $274,200 $5,964 2.89%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 18 $6,390,000 $355,000 $5,584 2.60%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 14 $6,300,000 $450,000 $5,499 2.46%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 20 $6,300,000 $315,000 $4,985 2.98%
    RALEIGH-CARY, NC (FHA|USDA|VA) 18 $5,490,000 $305,000 $4,150 2.76%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 14 $5,230,000 $373,571 $4,346 2.59%
    RICHMOND, VA (FHA|USDA|VA) 13 $5,165,000 $397,308 $5,666 2.87%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 13 $4,775,000 $367,308 $4,154 2.82%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 13 $4,745,000 $365,000 $6,358 2.65%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 10 $4,690,000 $469,000 $6,077 2.75%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 8 $4,600,000 $575,000 $8,816 2.50%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 16 $4,410,000 $275,625 $4,543 2.60%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 12 $4,360,000 $363,333 $4,838 2.99%
    JACKSONVILLE, FL (FHA|USDA|VA) 12 $4,330,000 $360,833 $6,182 2.74%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 16 $4,200,000 $262,500 $3,868 2.71%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 16 $4,110,000 $256,875 $5,224 3.17%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 13 $4,085,000 $314,231 $4,534 2.77%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 5 $3,645,000 $729,000 $9,510 2.97%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 7 $3,575,000 $510,714 $12,763 2.57%
    Easton, MD (FHA|USDA|VA) 8 $3,530,000 $441,250 $3,976 3.16%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 6 $3,370,000 $561,667 $7,362 2.75%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 10 $3,270,000 $327,000 $4,315 2.84%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 14 $3,210,000 $229,286 $5,293 3.01%
    PITTSBURGH, PA (FHA|USDA|VA) 14 $3,170,000 $226,429 $5,233 2.98%
    GETTYSBURG, PA (FHA|USDA|VA) 14 $3,080,000 $220,000 $5,151 2.80%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 8 $3,060,000 $382,500 $5,316 2.80%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 10 $3,020,000 $302,000 $4,196 3.15%
    ANCHORAGE, AK (FHA|USDA|VA) 6 $2,880,000 $480,000 $6,391 2.46%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 8 $2,850,000 $356,250 $5,262 2.51%
    SALT LAKE CITY, UT (FHA|USDA|VA) 5 $2,835,000 $567,000 $6,531 2.75%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 6 $2,590,000 $431,667 $5,307 2.35%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 9 $2,585,000 $287,222 $5,167 2.67%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 7 $2,545,000 $363,571 $12,321 2.52%
    LEBANON, PA (FHA|USDA|VA) 9 $2,385,000 $265,000 $4,653 2.88%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 5 $2,275,000 $455,000 $5,988 2.77%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 5 $2,205,000 $441,000 $4,121 2.93%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 9 $2,145,000 $238,333 $4,581 2.90%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 7 $2,125,000 $303,571 $4,144 2.96%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 5 $2,075,000 $415,000 $8,362 2.30%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 2 $2,050,000 $1,025,000 $3,280 2.88%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 5 $2,035,000 $407,000 $3,956 2.68%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 6 $2,000,000 $333,333 $4,596 2.90%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 5 $1,995,000 $399,000 $4,377 2.68%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 6 $1,970,000 $328,333 $3,863 2.88%
    COLUMBUS, OH (FHA|USDA|VA) 5 $1,955,000 $391,000 $4,575 2.38%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 9 $1,945,000 $216,111 $5,150 3.25%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 5 $1,815,000 $363,000 $3,825 2.62%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 7 $1,665,000 $237,857 $3,062 3.02%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 4 $1,640,000 $410,000 $3,766 3.06%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 5 $1,615,000 $323,000 $3,740 2.28%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 4 $1,590,000 $397,500 $5,089 2.90%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 6 $1,540,000 $256,667 $4,406 2.69%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 5 $1,535,000 $307,000 $4,135 2.85%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $1,500,000 $250,000 $4,492 3.00%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 4 $1,500,000 $375,000 $3,773 2.88%
    GREELEY, CO (FHA|USDA|VA) 4 $1,460,000 $365,000 $2,663 2.25%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 5 $1,455,000 $291,000 $4,769 2.68%
    COLUMBIA, SC (FHA|USDA|VA) 5 $1,435,000 $287,000 $4,589 2.85%
    HUNTSVILLE, AL (FHA|USDA|VA) 5 $1,415,000 $283,000 $4,828 2.48%
    Steamboat Springs, CO (FHA|USDA|VA) 1 $1,375,000 $1,375,000 $7,464 2.62%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 4 $1,350,000 $337,500 $5,098 2.75%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 5 $1,315,000 $263,000 $3,240 2.80%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 4 $1,290,000 $322,500 $3,971 2.47%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 4 $1,280,000 $320,000 $4,902 2.44%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 4 $1,250,000 $312,500 $3,754 2.88%
    CHEYENNE, WY (FHA|USDA|VA) 4 $1,240,000 $310,000 $6,616 2.31%
    SALINAS, CA (FHA|USDA|VA) 1 $1,225,000 $1,225,000 $16,331 2.38%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 5 $1,225,000 $245,000 $6,724 2.83%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $1,215,000 $405,000 $4,981 2.58%
    ALBUQUERQUE, NM (FHA|USDA|VA) 4 $1,170,000 $292,500 $4,050 2.91%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $1,160,000 $580,000 $2,493 2.50%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 3 $1,105,000 $368,333 $4,964 2.25%
    Oak Harbor, WA (FHA|USDA|VA) 3 $1,105,000 $368,333 $2,325 2.58%
    Outside of Metro Areas 2 $1,100,000 $550,000 $4,765 2.94%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 4 $1,100,000 $275,000 $4,265 2.90%
    Elko, NV (FHA|USDA|VA) 3 $1,075,000 $358,333 $5,726 3.29%
    Port Angeles, WA (FHA|USDA|VA) 2 $1,030,000 $515,000 $15,116 2.25%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 3 $1,025,000 $341,667 $4,309 2.25%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 4 $1,010,000 $252,500 $4,188 2.28%
    BOISE CITY, ID (FHA|USDA|VA) 1 $985,000 $985,000 $5,980 2.50%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 6 $950,000 $158,333 $5,349 3.29%
    PROVO-OREM, UT (FHA|USDA|VA) 2 $940,000 $470,000 $4,391 2.25%
    SAVANNAH, GA (FHA|USDA|VA) 3 $925,000 $308,333 $5,860 2.37%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 5 $885,000 $177,000 $4,154 2.80%
    Enterprise, AL (FHA|USDA|VA) 2 $860,000 $430,000 $4,548 2.50%
    SPRINGFIELD, MA (FHA|USDA|VA) 2 $850,000 $425,000 $3,316 2.81%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $840,000 $420,000 $14,568 2.50%
    SYRACUSE, NY (FHA|USDA|VA) 4 $820,000 $205,000 $3,551 3.03%
    Morehead City, NC (FHA|USDA|VA) 1 $805,000 $805,000 $3,880 2.88%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $790,000 $395,000 $3,745 2.56%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $790,000 $395,000 $5,781 2.25%
    Concord, NH (FHA|USDA|VA) 2 $780,000 $390,000 $3,308 2.88%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $775,000 $258,333 $6,805 2.58%
    PUNTA GORDA, FL (FHA|USDA|VA) 2 $770,000 $385,000 $4,973 2.94%
    WINSTON-SALEM, NC (FHA|USDA|VA) 2 $760,000 $380,000 $5,264 3.19%
    WORCESTER, MA-CT (FHA|USDA|VA) 2 $760,000 $380,000 $5,146 2.25%
    FRESNO, CA (FHA|USDA|VA) 2 $740,000 $370,000 $2,461 2.75%
    FORT COLLINS, CO (FHA|USDA|VA) 2 $730,000 $365,000 $3,511 2.56%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 3 $725,000 $241,667 $3,386 3.13%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 4 $710,000 $177,500 $4,769 3.03%
    VISALIA, CA (FHA|USDA|VA) 2 $710,000 $355,000 $2,754 2.38%
    FAYETTEVILLE, NC (FHA|USDA|VA) 4 $690,000 $172,500 $4,117 2.78%
    BELLINGHAM, WA (FHA|USDA|VA) 2 $690,000 $345,000 $3,524 2.56%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 3 $675,000 $225,000 $4,279 2.71%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $675,000 $225,000 $3,051 2.87%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $675,000 $225,000 $3,308 2.38%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $645,000 $645,000 $4,640 2.75%
    DULUTH, MN-WI (FHA|USDA|VA) 2 $630,000 $315,000 $2,694 2.25%
    ANN ARBOR, MI (FHA|USDA|VA) 1 $625,000 $625,000 $4,084 3.00%
    ROCHESTER, NY (FHA|USDA|VA) 3 $615,000 $205,000 $4,208 2.75%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $610,000 $305,000 $6,960 2.50%
    RENO, NV (FHA|USDA|VA) 2 $610,000 $305,000 $3,864 2.62%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $605,000 $605,000 $2,861 2.75%
    SANTA FE, NM (FHA|USDA|VA) 1 $585,000 $585,000 $5,357 3.13%
    VALLEJO, CA (FHA|USDA|VA) 1 $575,000 $575,000 $5,813 2.25%
    Fallon, NV (FHA|USDA|VA) 2 $570,000 $285,000 $8,775 2.31%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 3 $565,000 $188,333 $3,092 3.17%
    ALTOONA, PA (FHA|USDA|VA) 2 $550,000 $275,000 $3,876 2.62%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $550,000 $275,000 $3,785 2.81%
    NEW BERN, NC (FHA|USDA|VA) 2 $550,000 $275,000 $3,042 2.69%
    MONTGOMERY, AL (FHA|USDA|VA) 2 $550,000 $275,000 $3,778 2.31%
    Gardnerville Ranchos, NV (FHA|USDA|VA) 2 $540,000 $270,000 $2,949 2.62%
    STATE COLLEGE, PA (FHA|USDA|VA) 2 $540,000 $270,000 $4,958 3.06%
    BEND, OR (FHA|USDA|VA) 2 $540,000 $270,000 $7,399 3.00%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $540,000 $270,000 $2,968 3.50%
    TUCSON, AZ (FHA|USDA|VA) 1 $535,000 $535,000 $12,249 3.63%
    URBAN HONOLULU, HI (FHA|USDA|VA) 1 $535,000 $535,000 $3,907 2.25%
    DOTHAN, AL (FHA|USDA|VA) 1 $525,000 $525,000 $4,510 3.13%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $525,000 $525,000 $5,914 2.75%
    LAFAYETTE, LA (FHA|USDA|VA) 2 $520,000 $260,000 $3,739 2.25%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $505,000 $505,000 $3,024 2.38%
    BURLINGTON, NC (FHA|USDA|VA) 1 $485,000 $485,000 $4,261 3.25%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 2 $480,000 $240,000 $4,251 2.56%
    JACKSONVILLE, NC (FHA|USDA|VA) 2 $470,000 $235,000 $6,140 2.50%
    BAKERSFIELD, CA (FHA|USDA|VA) 2 $470,000 $235,000 $5,520 2.56%
    TWIN FALLS, ID (FHA|USDA|VA) 1 $465,000 $465,000 $14,073 2.25%
    Rutland, VT (FHA|USDA|VA) 1 $465,000 $465,000 $4,296 2.75%
    FORT WAYNE, IN (FHA|USDA|VA) 2 $450,000 $225,000 $3,036 3.06%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 2 $450,000 $225,000 $6,286 3.00%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $445,000 $445,000 $4,857 2.75%
    COLUMBUS, GA-AL (FHA|USDA|VA) 2 $440,000 $220,000 $6,349 2.25%
    TULSA, OK (FHA|USDA|VA) 2 $440,000 $220,000 $4,706 2.50%
    PUEBLO, CO (FHA|USDA|VA) 1 $435,000 $435,000 $13,906 2.38%
    YAKIMA, WA (FHA|USDA|VA) 1 $435,000 $435,000 $5,732 2.25%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $435,000 $435,000 $2,437 2.25%
    Kill Devil Hills, NC (FHA|USDA|VA) 1 $415,000 $415,000 $4,066 3.99%
    SAN ANGELO, TX (FHA|USDA|VA) 1 $405,000 $405,000 $3,852 2.88%
    Sunbury, PA (FHA|USDA|VA) 2 $400,000 $200,000 $4,657 2.56%
    Alexandria, MN (FHA|USDA|VA) 1 $395,000 $395,000 $2,501 2.13%
    Cambridge, MD (FHA|USDA|VA) 2 $390,000 $195,000 $4,011 3.13%
    MORGANTOWN, WV (FHA|USDA|VA) 2 $390,000 $195,000 $3,215 2.94%
    Lewisburg, TN (FHA|USDA|VA) 1 $385,000 $385,000 $3,184 3.13%
    FORT SMITH, AR-OK (FHA|USDA|VA) 1 $385,000 $385,000 $8,900 2.38%
    GRAND JUNCTION, CO (FHA|USDA|VA) 1 $385,000 $385,000 $8,549 2.38%
    Helena, MT (FHA|USDA|VA) 1 $385,000 $385,000 $7,242 2.38%
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $375,000 $375,000 $4,213 2.25%
    Indiana, PA (FHA|USDA|VA) 3 $365,000 $121,667 $5,200 3.13%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $365,000 $365,000 $3,985 2.25%
    WARNER ROBINS, GA (FHA|USDA|VA) 1 $365,000 $365,000 $3,390 2.13%
    MADISON, WI (FHA|USDA|VA) 1 $365,000 $365,000 $4,171 2.25%
    LEWISTON, ID-WA (FHA|USDA|VA) 1 $355,000 $355,000 $3,566 2.25%
    Ontario, OR-ID (FHA|USDA|VA) 1 $355,000 $355,000 $3,929 2.25%
    Salem, OH (FHA|USDA|VA) 1 $355,000 $355,000 $6,377 2.25%
    MANKATO, MN (FHA|USDA|VA) 1 $355,000 $355,000 $3,155 2.25%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 2 $350,000 $175,000 $1,999 2.56%
    ROANOKE, VA (FHA|USDA|VA) 1 $345,000 $345,000 $3,682 2.25%
    GRANTS PASS, OR (FHA|USDA|VA) 1 $345,000 $345,000 $5,760 2.25%
    Taylorville, IL (FHA|USDA|VA) 1 $345,000 $345,000 $2,732 3.00%
    WENATCHEE, WA (FHA|USDA|VA) 1 $335,000 $335,000 $4,401 2.25%
    Cedar City, UT (FHA|USDA|VA) 1 $335,000 $335,000 $4,201 2.25%
    FAIRBANKS, AK (FHA|USDA|VA) 1 $335,000 $335,000 $7,959 1.88%
    MEDFORD, OR (FHA|USDA|VA) 1 $335,000 $335,000 $5,327 2.63%
    WILLIAMSPORT, PA (FHA|USDA|VA) 1 $335,000 $335,000 $5,276 2.63%
    MIDLAND, TX (FHA|USDA|VA) 1 $335,000 $335,000 $6,052 2.38%
    JACKSON, MS (FHA|USDA|VA) 1 $325,000 $325,000 $4,259 2.25%
    Norfolk, NE (FHA|USDA|VA) 1 $325,000 $325,000 $7,887 2.25%
    Kalispell, MT (FHA|USDA|VA) 1 $325,000 $325,000 $4,787 2.38%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $325,000 $325,000 $4,486 2.25%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $315,000 $315,000 $2,497 3.38%
    Fernley, NV (FHA|USDA|VA) 1 $315,000 $315,000 $4,388 2.25%
    Lumberton, NC (FHA|USDA|VA) 1 $305,000 $305,000 $4,590 2.38%
    Laramie, WY (FHA|USDA|VA) 1 $305,000 $305,000 $9,852 2.25%
    ROME, GA (FHA|USDA|VA) 1 $305,000 $305,000 $2,661 2.63%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $295,000 $295,000 $4,762 2.88%
    WICHITA, KS (FHA|USDA|VA) 3 $295,000 $98,333 $3,414 4.00%
    CLEVELAND, TN (FHA|USDA|VA) 1 $295,000 $295,000 $3,724 2.75%
    Orangeburg, SC (FHA|USDA|VA) 1 $295,000 $295,000 $2,412 2.25%
    Brookings, OR (FHA|USDA|VA) 1 $285,000 $285,000 $4,614 2.75%
    LONGVIEW, TX (FHA|USDA|VA) 1 $285,000 $285,000 $3,972 2.38%
    Eureka-Arcata, CA (FHA|USDA|VA) 1 $275,000 $275,000 $3,217 2.75%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $275,000 $275,000 $6,959 3.38%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $265,000 $265,000 $2,921 2.88%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $265,000 $265,000 $3,991 2.38%
    GOLDSBORO, NC (FHA|USDA|VA) 1 $265,000 $265,000 $3,272 3.50%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $255,000 $255,000 $8,548 3.13%
    Poplar Bluff, MO (FHA|USDA|VA) 1 $255,000 $255,000 $8,410 2.38%
    Pottsville, PA (FHA|USDA|VA) 2 $250,000 $125,000 $5,827 2.75%
    SALEM, OR (FHA|USDA|VA) 2 $250,000 $125,000 $2,709 3.00%
    Sayre, PA (FHA|USDA|VA) 1 $245,000 $245,000 $3,920 3.50%
    Tupelo, MS (FHA|USDA|VA) 1 $245,000 $245,000 $3,358 2.25%
    EL PASO, TX (FHA|USDA|VA) 2 $240,000 $120,000 $3,915 3.19%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $235,000 $235,000 $3,993 2.75%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $235,000 $235,000 $3,314 2.50%
    LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $225,000 $225,000 $3,281 3.13%
    Lock Haven, PA (FHA|USDA|VA) 1 $215,000 $215,000 $4,975 2.50%
    CHARLESTON, WV (FHA|USDA|VA) 1 $215,000 $215,000 $3,226 3.50%
    UTICA-ROME, NY (FHA|USDA|VA) 1 $205,000 $205,000 $7,089 3.00%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $205,000 $205,000 $6,264 2.75%
    WINCHESTER, VA-WV (FHA|USDA|VA) 1 $205,000 $205,000 $5,320 3.13%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $205,000 $205,000 $2,832 2.75%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $205,000 $205,000 $2,933 2.88%
    AMARILLO, TX (FHA|USDA|VA) 1 $205,000 $205,000 $3,047 2.63%
    Boone, NC (FHA|USDA|VA) 1 $195,000 $195,000 $3,291 2.75%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $185,000 $185,000 $3,130 3.25%
    PINE BLUFF, AR (FHA|USDA|VA) 1 $175,000 $175,000 $3,045 2.25%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $175,000 $175,000 $7,413 3.00%
    Taos, NM (FHA|USDA|VA) 1 $165,000 $165,000 $3,124 3.63%
    MIDLAND, MI (FHA|USDA|VA) 1 $165,000 $165,000 $2,789 3.25%
    WILMINGTON, NC (FHA|USDA|VA) 1 $155,000 $155,000 $3,508 4.00%
    Ogdensburg-Massena, NY (FHA|USDA|VA) 1 $145,000 $145,000 $6,922 2.88%
    Durango, CO (FHA|USDA|VA) 1 $135,000 $135,000 $2,331 2.75%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $135,000 $135,000 $4,627 3.75%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $135,000 $135,000 $5,403 3.45%
    Somerset, PA (FHA|USDA|VA) 1 $135,000 $135,000 $5,391 3.88%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $125,000 $125,000 $3,149 3.50%
    Jefferson, GA (FHA|USDA|VA) 1 $125,000 $125,000 $3,135 2.75%
    Fairmont, WV (FHA|USDA|VA) 1 $125,000 $125,000 $3,141 2.38%
    Hutchinson, MN (FHA|USDA|VA) 1 $125,000 $125,000 $2,621 3.00%
    Greeneville, TN (FHA|USDA|VA) 1 $125,000 $125,000 $3,269 3.63%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $105,000 $105,000 $2,731 2.75%
    JOHNSTOWN, PA (FHA|USDA|VA) 1 $95,000 $95,000 $4,072 3.13%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $85,000 $85,000 $0 1.75%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $85,000 $85,000 $3,550 3.25%
    Corning, NY (FHA|USDA|VA) 1 $75,000 $75,000 $3,557 3.13%
    Meridian Bank Corporation's top markets include Baltimore, Philadelphia, Washington, Salisbury, and Dover among others.

    Their top states include:
  • Maryland (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Delaware (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 5,256 $1,699,680,000 $323,379 $4,636 3.03%
    FHA 1,268 $320,440,000 $252,713 $8,849 3.00%
    VA 783 $299,735,000 $382,803 $6,947 2.46%
    USDA 185 $41,255,000 $223,000 $6,695 2.88%

    For 2021, Meridian Bank Corporation's most frequently originated type of loan was Conventional, with 5,256 originations. Their 2nd most popular type was FHA, with 1,268 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 4,075 $1,262,115,000 $309,721 $6,529 3.09%
    Refi 2,405 $776,625,000 $322,921 $4,381 2.71%
    Cash Out Refi 985 $306,835,000 $311,508 $5,271 3.02%
    Home Improvement 21 $9,405,000 $447,857 $3,021 4.64%
    Other 6 $6,130,000 $1,021,667 $6,756 3.65%

    For 2021, Meridian Bank Corporation's most frequently cited loan purpose was Home Purchase, with 4,075 originations. The 2nd most popular reason was Refi, with 2,405 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 6,488 $2,012,580,000 $310,200 $5,879 2.97%
    15 Year 501 $125,315,000 $250,130 $3,797 2.50%
    20 Year 246 $72,170,000 $293,374 $4,351 2.72%
    10 Year 147 $98,285,000 $668,605 $3,424 4.05%
    Other 73 $22,565,000 $309,110 $4,428 3.03%
    1 Year 24 $8,450,000 $352,083 $0 4.98%
    30+ year 6 $6,450,000 $1,075,000 $6,523 3.79%
    5 Year 4 $14,550,000 $3,637,500 $0 4.44%
    3 Year 3 $745,000 $248,333 $5,497 4.67%

    For 2021, Meridian Bank Corporation's most frequently cited loan duration was 30 Year, with 6,488 originations. The 2nd most popular length was 15 Year, with 501 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 5,779 $1,719,015,000 $297,459
    $2k-3k 649 $178,985,000 $275,786
    $5k+ 361 $168,905,000 $467,881
    $3k-4k 301 $95,665,000 $317,824
    $4k-5k 182 $63,230,000 $347,418
    $<1k 68 $15,130,000 $222,500

    Meridian Bank Corporation's average total fees were $5,879, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 5,779 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 3,217 $1,003,645,000 $311,982
    3-4% 2,413 $695,545,000 $288,249
    <2.5% 1,598 $520,570,000 $325,763
    4-5% 261 $140,795,000 $539,444
    5-6% 3 $555,000 $185,000

    During 2021, Meridian Bank Corporation's average interest rate for loans was 2.97%, while their most frequently originated rate bucket for loans was 2.5-3%, with 3,217 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 4,042 $1,158,500,000 $286,616 $5,637 2.93%
    $100k-200k 1,737 $279,015,000 $160,630 $4,545 3.04%
    $400k-600k 1,224 $584,150,000 $477,247 $6,776 2.84%
    $600k-1MM 266 $195,870,000 $736,353 $8,648 3.11%
    $100,000 or less 151 $12,175,000 $80,629 $3,550 3.32%
    $1MM+ 72 $131,400,000 $1,825,000 $11,267 3.59%

    2021 saw Meridian Bank Corporation place emphasis on $200k-400k loans with 4,042 originations, totaling $1,158,500,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,701 $397,695,000 $233,801 $5,788 3.01%
    $100k-150k 1,450 $476,930,000 $328,917 $5,666 2.93%
    $75k-100k 1,165 $321,805,000 $276,227 $5,682 2.97%
    $150k-250k 1,060 $417,890,000 $394,236 $5,630 2.91%
    $50k or less 973 $180,925,000 $185,946 $5,574 3.02%
    $250k+ 485 $261,055,000 $538,258 $6,148 3.01%

    Meridian Bank Corporation lent most frequently to those with incomes in the $50k-75k range, with 1,701 originations. The second most popular income band? $100k-150k, with 1,450 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,434 $447,330,000 $311,946 $4,951 2.91%
    30-36% 1,325 $401,075,000 $302,698 $5,440 2.97%
    <20% 557 $176,145,000 $316,239 $4,509 2.86%
    44% 337 $88,805,000 $263,516 $5,758 3.02%
    40% 270 $80,150,000 $296,852 $5,730 3.04%
    42% 267 $84,935,000 $318,109 $6,066 3.06%
    39% 266 $77,450,000 $291,165 $5,738 3.07%
    41% 254 $77,430,000 $304,843 $6,310 3.05%
    37% 253 $76,525,000 $302,470 $5,864 3.00%
    43% 252 $72,510,000 $287,738 $6,432 3.04%
    38% 251 $75,495,000 $300,777 $5,838 2.99%
    36% 243 $70,925,000 $291,872 $5,767 2.93%
    50-60% 237 $65,075,000 $274,578 $9,169 3.02%
    49% 182 $52,350,000 $287,637 $6,262 3.02%
    48% 182 $51,230,000 $281,484 $6,870 3.00%
    45% 180 $53,390,000 $296,611 $6,326 2.98%
    47% 171 $50,295,000 $294,123 $6,849 2.96%
    46% 133 $39,405,000 $296,278 $6,642 3.03%
    >60% 3 $2,335,000 $778,333 $5,215 3.41%

    Meridian Bank Corporation lent most frequently to those with DTI ratios of 20-30%, with 1,434 originations. The next most common DTI ratio? 30-36%, with 1,325 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 5,054 $1,560,940,000 $308,852 $5,355 2.91%
    Black 1,332 $365,310,000 $274,257 $6,816 3.04%
    Not provided 629 $209,925,000 $333,744 $6,088 2.93%
    Asian 308 $106,120,000 $344,545 $4,769 2.89%
    Not applicable 127 $105,645,000 $831,850 $0 4.67%
    American Indian 34 $9,590,000 $282,059 $5,923 3.00%
    Native Hawaiian or Islander 7 $3,035,000 $433,571 $6,106 2.87%
    Chinese 1 $545,000 $545,000 $4,867 3.63%

    Approval Rates

    Total approvals of all applications
    97.92%

    Meridian Bank Corporation 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
    83.22%

    Meridian Bank Corporation has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 7,492 $2,361,110,000 $315,151

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    7,492 $2,361,110,000 $315,151

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 187 $43,635,000 $233,342 $3,770 2.80%
    40-60% 743 $224,125,000 $301,649 $4,182 2.85%
    60-80% 2,420 $839,600,000 $346,942 $4,588 3.01%
    80-100% 4,011 $1,208,595,000 $301,320 $6,439 2.97%
    Over 100% 111 $42,205,000 $380,225 $13,102 2.62%
    Under 20% 19 $2,465,000 $129,737 $2,203 3.81%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Meridian Bank 100 East State Street Media, PA 19063 Full Service B&M $73,317
    Meridian Bank 16 W. Market Street West Chester, PA 19382 Full Service B&M $389,340
    Meridian Bank 1719a South Easton Road Doylestown, PA 18901 Full Service B&M $131,200
    Meridian Bank 1760 Market Street Philadelphia, PA 19103 Full Service B&M $41,959
    Meridian Bank 1776 E. Lancaster Avenue Paoli, PA 19301 Full Service B&M $652,116
    Meridian Bank 653 Skippack Pike, Suite 116 Blue Bell, PA 19422 Full Service B&M $126,636

    For 2021, Meridian Bank Corporation had 6 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $71,522
    Net interest income $65,260
    Total noninterest income $87,580
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $129
    Trading account gains and fees $0
    Additional Noninterest Income $87,451
    Pre-tax net operating income $48,043
    Securities gains (or losses, -) $408
    Income before extraordinary items $37,734
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $37,734
    Minority interest net income $0
    Net income $37,734
    Sale, conversion, retirement of capital stock, net $2,499
    Net operating income $37,411

    Meridian Bank Corporation's gross interest income from loans was $71,522,000.
    Meridian Bank Corporation's net interest income from loans was $65,260,000.
    Meridian Bank Corporation's fee based income from loans was $129,000.
    Meridian Bank Corporation's net income from loans was $37,734,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $6,262
    Provision for credit losses $1,070
    Total noninterest expense $103,727
    Salaries and employee benefits $78,866
    Premises and equipment expense $4,545
    Additional noninterest expense $20,316
    Applicable income taxes $10,717
    Net charge-offs $78
    Cash dividends $17,187

    Meridian Bank Corporation's interest expense for loans was $6,262,000.
    Meridian Bank Corporation's payroll and benefits expense were $78,866,000.
    Meridian Bank Corporation's property, plant and equipment expenses $4,545,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    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 1.0%
    All other family 1.0%
    Commercial & industrial loans 4.0%
    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 $1,449,071
    Deposits held in domestic offices $1,449,071
    Deposits by Individuals, partnerships, and corporations $1,201,621
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $246,208
    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 $278,465
    Demand deposits $192,700
    Nontransaction accounts $1,170,606
    Money market deposit accounts (MMDAs) $919,559
    Other savings deposits (excluding MMDAs) $45,038
    Total time deposits $206,010
    Total time and savings deposits $1,256,371
    Noninterest-bearing deposits $277,186
    Interest-bearing deposits $1,171,885
    Retail deposits $1,269,785
    IRAs and Keogh plan accounts $5,121
    Brokered deposits $164,285
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,713,318
    Cash & Balances due from depository institutions $23,302
    Interest-bearing balances $18,087
    Total securities $168,028
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,448,581
    Loan and leases loss allowance $18,758
    Trading account assets $0
    Bank premises and fixed assets $11,806
    Other real estate owned $0
    Goodwill and other intangibles $15,034
    All other assets $46,567

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,713,318
    Total Liabilities $1,511,832
    Total deposits $1,449,071
    Interest-bearing deposits $1,171,885
    Deposits held in domestic offices $1,449,071
    % insured (estimated) $44
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $41,344
    Subordinated debt $1,452
    All other liabilities $19,965

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,448,581
    Loan and leases loss allowance $18,758
    Total loans and leases (domestic) $1,467,339
    All real estate loans $953,497
    Real estate loans in domestic offices $953,497
    Construction and development loans $158,991
    Residential 1-4 family construction $58,511
    Other construction, all land development and other land $100,480
    Loans secured by nonfarm nonresidential properties $397,875
    Nonfarm nonresidential secured by owner-occupied properties $234,572
    Commercial real estate & other non-farm, non-residential $163,303
    Multifamily residential real estate $44,541
    1-4 family residential loans $347,245
    Farmland loans $4,845
    Loans held in foreign offices $0
    Farm loans $605
    Commercial and industrial loans $414,527
    To non-U.S. addressees $0
    Loans to individuals $445
    Credit card loans $0
    Related Plans $99
    Consumer Auto Loans $6
    Other loans to individuals $340
    All other loans & leases $102,387
    Loans to foreign governments and official institutions $0
    Other loans $9,300
    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 $3,446
    Non 1-4 family restructured loans & leases $2,742
    Total loans and leases (foreign) $0

    Meridian Bank Corporation had $1,448,581,000 of loans outstanding in 2021. $953,497,000 of loans were in real estate loans. $158,991,000 of loans were in development loans. $44,541,000 of loans were in multifamily mortgage loans. $347,245,000 of loans were in 1-4 family mortgage loans. $605,000 of loans were in farm loans. $0 of loans were in credit card loans. $6,000 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 329 $101,960 $309,909
    Nonfarm, nonresidential loans - <$100k 31 $1,219 $39,323
    Nonfarm, nonresidential loans - $100-250k 62 $8,293 $133,758
    Nonfarm, nonresidential loans - $250k-1MM 236 $92,448 $391,729
    Commercial & Industrial, US addressed loans - <$1MM 1,112 $170,139 $153,003
    Commercial & Industrial, US addressed loans - <$100k 432 $12,359 $28,609
    Commercial & Industrial, US addressed loans - $100-250k 254 $25,181 $99,138
    Commercial & Industrial, US addressed loans - $250k-1MM 426 $132,599 $311,265
    Farmland loans - <$1MM 2 $530 $265,000
    Farmland loans - $250k-1MM 2 $530 $265,000
    Agriculture operations loans - <$1MM 2 $605 $302,500
    Agriculture operations loans - $100-250k 1 $107 $107,000
    Agriculture operations loans - $250k-1MM 1 $498 $498,000