Lake City Bank Mortgage Rates, Fees & Info

Warsaw, IN

LEI: 8Q77SW3KZ88P3GNX0T60

Tax ID: 35-0458180

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Lake City Bank is a smaller bank specializing in Refi and Home Purchase loans. Lake City Bank has a high proportion of conventional loans. Their top markets by origination volume include: Indianapolis, Warsaw, Elkhart, Chicago, and Fort Wayne among others. We have data for 37 markets. (Some data included below & more in-depth data is available with an active subscription.)

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

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

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

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 4/21/24
    30 Year Conventional Purchase 6.60% 4/21/24
    30 Year Conventional Refi 6.51% 4/21/24
    30 Year Cash-out Refi 6.57% 4/21/24
    15 Year Conventional Purchase 6.44% 4/21/24
    15 Year Conventional Refi 6.15% 4/21/24
    15 Year Cash-out Refi 6.15% 4/21/24
    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.

    Lake City Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Lake City 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

    2,005

    Origination Dollar Volume (All Markets)

    $328,085,000

    Employee count

    553 Show all (5) 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
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 169 $78,015,000 $461,627 $3,044 5.34%
    Warsaw, IN (FHA|USDA|VA) 464 $54,220,000 $116,853 $2,288 5.16%
    ELKHART-GOSHEN, IN (FHA|USDA|VA) 384 $44,780,000 $116,615 $2,697 5.22%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 4 $36,980,000 $9,245,000 $2,357 5.67%
    FORT WAYNE, IN (FHA|USDA|VA) 267 $32,045,000 $120,019 $2,683 5.17%
    Outside of Metro Areas 240 $22,490,000 $93,708 $2,447 5.19%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 104 $14,730,000 $141,635 $2,617 5.18%
    Plymouth, IN (FHA|USDA|VA) 125 $11,505,000 $92,040 $2,520 5.18%
    Kendallville, IN (FHA|USDA|VA) 108 $7,150,000 $66,204 $2,476 5.22%
    Auburn, IN (FHA|USDA|VA) 43 $5,125,000 $119,186 $2,324 5.19%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $3,890,000 $1,945,000 $9,938 4.25%
    Angola, IN (FHA|USDA|VA) 17 $3,765,000 $221,471 $2,373 4.91%
    Van Wert, OH (FHA|USDA|VA) 1 $1,505,000 $1,505,000 $0 5.25%
    CLEVELAND, TN (FHA|USDA|VA) 1 $1,305,000 $1,305,000 $0 5.25%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $0 4.75%
    Wabash, IN (FHA|USDA|VA) 16 $1,160,000 $72,500 $2,072 5.16%
    Sturgis, MI (FHA|USDA|VA) 8 $1,160,000 $145,000 $2,288 5.27%
    Huntington, IN (FHA|USDA|VA) 18 $950,000 $52,778 $1,869 5.42%
    NILES, MI (FHA|USDA|VA) 3 $875,000 $291,667 $7,576 5.03%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $755,000 $755,000 $6,522 4.38%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 3 $535,000 $178,333 $3,326 5.00%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $505,000 $505,000 $0 5.25%
    Logansport, IN (FHA|USDA|VA) 4 $490,000 $122,500 $2,765 4.78%
    TOLEDO, OH (FHA|USDA|VA) 2 $460,000 $230,000 $0 5.38%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $425,000 $425,000 $3,051 4.63%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $425,000 $425,000 $0 4.00%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $315,000 $315,000 $4,838 4.75%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $305,000 $305,000 $3,765 4.50%
    Bluffton, IN (FHA|USDA|VA) 4 $230,000 $57,500 $2,265 4.69%
    Marion, IN (FHA|USDA|VA) 2 $190,000 $95,000 $0 5.30%
    Coldwater, MI (FHA|USDA|VA) 1 $175,000 $175,000 $0 5.00%
    Peru, IN (FHA|USDA|VA) 3 $105,000 $35,000 $0 5.17%
    Defiance, OH (FHA|USDA|VA) 1 $85,000 $85,000 $2,645 4.63%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $85,000 $85,000 $3,472 5.25%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $75,000 $75,000 $0 5.00%
    MUNCIE, IN (FHA|USDA|VA) 1 $55,000 $55,000 $1,516 4.13%
    KOKOMO, IN (FHA|USDA|VA) 1 $15,000 $15,000 $0 6.25%
    Lake City Bank's top markets include Indianapolis, Warsaw, Elkhart, Chicago, and Fort Wayne among others.

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

    • Similar Lenders

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

    Fire Police City County Federal Credit Union
    Similarity Rank: 48
    The Garrett State Bank
    Similarity Rank: 152
    Greenfield Banking Company
    Similarity Rank: 255
    Hendricks County Bank and Trust Company
    Similarity Rank: 393
    INDIANA UNIVERSITY CREDIT UNION
    Similarity Rank: 450
    First State Bank of Middlebury
    Similarity Rank: 549
    INTERRA CREDIT UNION
    Similarity Rank: 608
    Third Federal Savings and Loan Association of Cleveland
    Similarity Rank: 614
    The Farmers Bank, Frankfort, Indiana
    Similarity Rank: 814
    MIDWEST AMERICA
    Similarity Rank: 836

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 1,502 $126,850,000 $84,454 n/a 5.36%
    Conventional 503 $201,235,000 $400,070 $2,613 4.69%

    For 2018, Lake City Bank's most frequently originated type of loan was HELOC, with 1,502 originations. Their 2nd most popular type was Conventional, with 503 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 684 $48,620,000 $71,082 $2,993 5.42%
    Refi 528 $118,450,000 $224,337 $2,266 5.16%
    Cash Out Refi 479 $52,455,000 $109,509 $3,155 5.21%
    Home Purchase 299 $106,885,000 $357,475 $2,505 4.69%
    Home Improvement 14 $1,650,000 $117,857 $0 5.84%
    NA 1 $25,000 $25,000 $0 5.25%

    For 2018, Lake City Bank's most frequently cited loan purpose was Other, with 684 originations. The 2nd most popular reason was Refi, with 528 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 1,513 $214,575,000 $141,821 $0 5.36%
    30 Year 252 $50,940,000 $202,143 $2,591 4.67%
    15 Year 110 $15,970,000 $145,182 $2,389 4.19%
    5 Year 50 $20,980,000 $419,600 $0 5.80%
    20 Year 41 $5,825,000 $142,073 $2,655 4.58%
    30+ year 18 $7,350,000 $408,333 $4,266 4.30%
    10 Year 10 $590,000 $59,000 $2,017 5.72%
    1 Year 9 $11,585,000 $1,287,222 $0 5.05%
    3 Year 2 $270,000 $135,000 $0 5.04%

    For 2018, Lake City Bank's most frequently cited loan duration was Other, with 1,513 originations. The 2nd most popular length was 30 Year, with 252 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 235 $47,385,000 $201,638
    $1k-2k 136 $20,470,000 $150,515
    $2k-3k 32 $6,610,000 $206,563
    $3k-4k 7 $2,415,000 $345,000
    $4k-5k 5 $1,305,000 $261,000
    $5k+ 4 $1,000,000 $250,000

    Lake City Bank's average total fees were $2,591, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 235 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 916 $203,540,000 $222,205
    5-6% 874 $100,210,000 $114,657
    6-7% 129 $9,255,000 $71,744
    3-4% 57 $12,355,000 $216,754
    Over 8% 20 $1,940,000 $97,000
    7-8% 9 $785,000 $87,222

    During 2018, Lake City Bank's average interest rate for loans was 4.67%, while their most frequently originated rate bucket for loans was 4-5%, with 916 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,283 $57,825,000 $45,070 $2,134 5.29%
    $100k-200k 442 $60,420,000 $136,697 $2,518 5.08%
    $200k-400k 194 $51,730,000 $266,649 $3,040 4.90%
    $400k-600k 45 $21,315,000 $473,667 $3,791 4.95%
    $1MM+ 22 $123,640,000 $5,620,000 $7,284 4.80%
    $600k-1MM 19 $13,155,000 $692,368 $4,033 5.33%

    2018 saw Lake City Bank place emphasis on $100,000 or less loans with 1,283 originations, totaling $57,825,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 481 $37,095,000 $77,121 $2,499 5.14%
    $50k or less 386 $22,420,000 $58,083 $2,167 5.12%
    $75k-100k 353 $29,765,000 $84,320 $2,570 5.26%
    $100k-150k 329 $32,055,000 $97,432 $2,737 5.26%
    $150k-250k 175 $28,415,000 $162,371 $3,315 5.12%
    $250k+ 153 $52,945,000 $346,046 $3,445 5.07%

    Lake City Bank lent most frequently to those with incomes in the $50k-75k range, with 481 originations. The second most popular income band? $50k or less, with 386 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    <20% 585 $53,105,000 $90,778 $2,537 5.12%
    20-30% 563 $52,315,000 $92,922 $2,590 5.16%
    30-36% 317 $30,325,000 $95,662 $2,525 5.26%
    41% 103 $14,345,000 $139,272 $3,311 5.21%
    36% 61 $6,455,000 $105,820 $2,462 5.18%
    39% 49 $5,185,000 $105,816 $2,823 5.37%
    40% 48 $6,260,000 $130,417 $3,638 5.25%
    37% 48 $8,000,000 $166,667 $3,236 5.28%
    38% 46 $3,710,000 $80,652 $2,606 5.26%
    50-60% 14 $2,750,000 $196,429 $2,258 4.96%
    >60% 11 $3,225,000 $293,182 $2,185 4.68%
    43% 10 $1,870,000 $187,000 $3,137 4.58%
    44% 9 $1,885,000 $209,444 $2,201 4.63%
    42% 9 $1,055,000 $117,222 $2,251 4.94%
    48% 6 $3,160,000 $526,667 $2,878 4.54%
    46% 6 $1,160,000 $193,333 $2,748 4.96%
    49% 5 $915,000 $183,000 $2,177 4.70%
    45% 5 $575,000 $115,000 $2,132 4.35%
    47% 4 $660,000 $165,000 $2,029 4.69%

    Lake City Bank lent most frequently to those with DTI ratios of <20%, with 585 originations. The next most common DTI ratio? 20-30%, with 563 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,791 $190,695,000 $106,474 $2,620 5.17%
    Not applicable 80 $121,620,000 $1,520,250 $0 5.74%
    Not provided 105 $11,615,000 $110,619 $2,574 5.23%
    Asian 10 $1,860,000 $186,000 $2,277 4.94%
    Black 10 $1,560,000 $156,000 $2,789 4.84%
    American Indian 5 $575,000 $115,000 $1,919 4.65%
    Other Asian 1 $75,000 $75,000 $0 5.50%
    Guamanian 1 $45,000 $45,000 $0 5.75%
    Native Hawaiian or Islander 1 $25,000 $25,000 $0 6.50%
    Asian Indian 1 $15,000 $15,000 $0 5.75%

    Approval Rates

    Total approvals of all applications
    87.50%

    Lake City Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    82.49%

    Lake City Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,005 $328,085,000 $163,633

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $195,000 $195,000
    Multifamily:Site-Built 18 $94,760,000 $5,264,444
    Single Family (1-4 Units):Manufactured 45 $5,505,000 $122,333
    Single Family (1-4 Units):Site-Built 1,941 $227,625,000 $117,272

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 537 $43,915,000 $81,778 $2,094 5.29%
    40-60% 300 $40,700,000 $135,667 $2,260 5.12%
    60-80% 352 $152,530,000 $433,324 $2,896 4.94%
    80-100% 224 $61,520,000 $274,643 $2,543 4.84%
    Over 100% 5 $5,175,000 $1,035,000 $0 6.13%
    Under 20% 580 $22,270,000 $38,397 $0 5.42%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Lake City Bank 100 North Michigan Street Argos, IN 46501 Full Service B&M $13,719
    Lake City Bank 100 W 96th St Indianapolis, IN 46260 Full Service B&M $497,956
    Lake City Bank 101 N Michigan St South Bend, IN 46601 Full Service B&M $75,146
    Lake City Bank 102 East Main Street Silver Lake, IN 46982 Full Service B&M $25,856
    Lake City Bank 102 East Rochester Street Akron, IN 46910 Full Service B&M $23,979
    Lake City Bank 10411 Maysville Road Fort Wayne, IN 46835 Full Service B&M $100,450
    Lake City Bank 10429 Illinois Road Fort Wayne, IN 46804 Full Service B&M $72,837
    Lake City Bank 108 South First Street Pierceton, IN 46562 Full Service B&M $23,270
    Lake City Bank 119 South Third Street Goshen, IN 46526 Full Service B&M $211,108
    Lake City Bank 1206 North Nappanee Elkhart, IN 46516 Full Service B&M $25,000
    Lake City Bank 1220 East 7th Street Auburn, IN 46706 Full Service B&M $47,216
    Lake City Bank 1221 West Lake Street Warsaw, IN 46580 Full Service B&M $15,131
    Lake City Bank 12830 State Road 23 Granger, IN 46530 Full Service B&M $40,044
    Lake City Bank 13104 Fishers Makretplace Dr Fishers, IN 46038 Full Service B&M $31,352
    Lake City Bank 1324 Wooster Road Winona Lake, IN 46590 Full Service B&M $0
    Lake City Bank 1470 Lincolnway South Ligonier, IN 46767 Full Service B&M $71,780
    Lake City Bank 1501 North Jefferson Huntington, IN 46750 Full Service B&M $34,981
    Lake City Bank 1600 State Road 331 Bremen, IN 46506 Full Service B&M $35,747
    Lake City Bank 202 East Center Street Warsaw, IN 46580 Full Service B&M $524,192
    Lake City Bank 202 East Main Street Mentone, IN 46539 Full Service B&M $47,678
    Lake City Bank 202 West Market Street Nappanee, IN 46550 Full Service B&M $104,215
    Lake City Bank 205 East Main Street Medaryville, IN 47957 Full Service B&M $23,757
    Lake City Bank 21113 Cleveland Road South Bend, IN 46628 Full Service B&M $23,041
    Lake City Bank 220 East Center Street Warsaw, IN 46580 Limited, Drive-thru $0
    Lake City Bank 22050 State Road 120 Elkhart, IN 46515 Full Service B&M $59,978
    Lake City Bank 222 South Cavin Street Ligonier, IN 46767 Full Service B&M $27,461
    Lake City Bank 2513 South Main Street Goshen, IN 46526 Full Service B&M $60,705
    Lake City Bank 302 East Dupont Road Fort Wayne, IN 46825 Full Service B&M $160,821
    Lake City Bank 311 West Syracuse Street Milford, IN 46542 Full Service B&M $29,804
    Lake City Bank 3601 Commerce Drive Warsaw, IN 46580 Full Service B&M $31,947
    Lake City Bank 3805 East 82nd Street Indianapolis, IN 46240 Full Service B&M $32,145
    Lake City Bank 420 Chevy Way Warsaw, IN 46581 Full Service B&M $37,676
    Lake City Bank 4202 Elkhart Road Goshen, IN 46526 Full Service B&M $38,035
    Lake City Bank 5015 Main Street Mishawaka, IN 46544 Full Service B&M $229,984
    Lake City Bank 502 South Huntington Street Syracuse, IN 46567 Full Service B&M $78,462
    Lake City Bank 507 East Ninth Street Rochester, IN 46975 Full Service B&M $62,101
    Lake City Bank 58404 State Road 19 Elkhart, IN 46516 Full Service B&M $33,708
    Lake City Bank 631 Professional Way Kendallville, IN 46755 Full Service B&M $38,872
    Lake City Bank 644 North Main Street North Webster, IN 46555 Full Service B&M $40,346
    Lake City Bank 6851 W Jefferson Blvd Fort Wayne, IN 46804 Full Service B&M $371,820
    Lake City Bank 705 S State Road 135 Greenwood, IN 46143 Full Service B&M $25,475
    Lake City Bank 712 Wayne Avenue Middlebury, IN 46540 Full Service B&M $38,821
    Lake City Bank 818 S. Harrison Street Fort Wayne, IN 46802 Full Service B&M $84,885
    Lake City Bank 826 East Jefferson Street Plymouth, IN 46563 Full Service B&M $74,003
    Lake City Bank 864 East Beardsley Avenue Elkhart, IN 46516 Full Service B&M $117,933
    Lake City Bank 895 North Van Buren Street Shipshewana, IN 46565 Full Service B&M $47,282
    Lake City Bank 901 South Detroit Street Lagrange, IN 46761 Full Service B&M $35,881
    Lake City Bank 9640 North Michigan Road Carmel, IN 46032 Full Service B&M $9,784
    Lake City Bank 99 Chestnut Avenue Winona Lake, IN 46590 Full Service B&M $32,481
    Lake City Bank Sr 9 And U.S. 30 Columbia City, IN 46725 Full Service B&M $67,425
    Lake City Bank Www.Lakecitybank.Com Warsaw, IN 46581 Limited, Administrative $0

    For 2018, Lake City Bank had 51 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $199,507
    Net interest income $153,451
    Total noninterest income $39,983
    Gross Fiduciary activities income $6,344
    Service charges on deposit accounts $15,488
    Trading account gains and fees $0
    Additional Noninterest Income $18,151
    Pre-tax net operating income $105,428
    Securities gains (or losses, -) $-50
    Income before extraordinary items $84,059
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $84,059
    Minority interest net income $13
    Net income $84,046
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $84,099

    Lake City Bank's gross interest income from loans was $199,507,000.
    Lake City Bank's net interest income from loans was $153,451,000.
    Lake City Bank's fee based income from loans was $15,488,000.
    Lake City Bank's net income from loans was $84,046,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $46,056
    Provision for credit losses $6,400
    Total noninterest expense $81,606
    Salaries and employee benefits $42,744
    Premises and equipment expense $10,392
    Additional noninterest expense $28,470
    Applicable income taxes $21,319
    Net charge-offs $5,068
    Cash dividends $27,933

    Lake City Bank's interest expense for loans was $46,056,000.
    Lake City Bank's payroll and benefits expense were $42,744,000.
    Lake City Bank's property, plant and equipment expenses $10,392,000.

    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 1.0%

    Deposits

    Type Value (in 000's)
    Total deposits $4,045,348
    Deposits held in domestic offices $4,045,348
    Deposits by Individuals, partnerships, and corporations $2,816,730
    Deposits by U.S. Government $30
    Deposits by States and political subdivisions in the U.S. $1,215,533
    Deposits by Commercial banks and other depository institutions in U.S. $13,055
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $432,739
    Demand deposits $304,923
    Nontransaction accounts $3,612,609
    Money market deposit accounts (MMDAs) $1,944,952
    Other savings deposits (excluding MMDAs) $247,903
    Total time deposits $1,419,754
    Total time and savings deposits $3,740,425
    Noninterest-bearing deposits $948,121
    Interest-bearing deposits $3,097,227
    Retail deposits $3,167,185
    IRAs and Keogh plan accounts $64,111
    Brokered deposits $164,888
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $4,859,101
    Cash & Balances due from depository institutions $201,695
    Interest-bearing balances $9,422
    Total securities $586,410
    Federal funds sold & reverse repurchase $2,309
    Net loans and leases $3,868,585
    Loan and leases loss allowance $48,453
    Trading account assets $0
    Bank premises and fixed assets $58,097
    Other real estate owned $316
    Goodwill and other intangibles $8,304
    All other assets $133,385

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $4,859,101
    Total Liabilities $4,325,570
    Total deposits $4,045,348
    Interest-bearing deposits $3,097,227
    Deposits held in domestic offices $4,045,348
    % insured (estimated) $50
    Federal funds purchased and repurchase agreements $75,555
    Trading liabilities $0
    Other borrowed funds $170,000
    Subordinated debt $0
    All other liabilities $34,667

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $3,868,585
    Loan and leases loss allowance $48,453
    Total loans and leases (domestic) $3,917,038
    All real estate loans $2,137,264
    Real estate loans in domestic offices $2,137,264
    Construction and development loans $281,739
    Residential 1-4 family construction $29,478
    Other construction, all land development and other land $252,261
    Loans secured by nonfarm nonresidential properties $1,106,455
    Nonfarm nonresidential secured by owner-occupied properties $585,968
    Commercial real estate & other non-farm, non-residential $520,487
    Multifamily residential real estate $195,164
    1-4 family residential loans $376,393
    Farmland loans $177,513
    Loans held in foreign offices $0
    Farm loans $193,094
    Commercial and industrial loans $1,405,337
    To non-U.S. addressees $0
    Loans to individuals $85,822
    Credit card loans $0
    Related Plans $20,429
    Consumer Auto Loans $38,156
    Other loans to individuals $27,237
    All other loans & leases $95,521
    Loans to foreign governments and official institutions $0
    Other loans $80,490
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $66,458
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $8,016
    Non 1-4 family restructured loans & leases $6,838
    Total loans and leases (foreign) $0

    Lake City Bank had $3,868,585,000 of loans outstanding in 2018. $2,137,264,000 of loans were in real estate loans. $281,739,000 of loans were in development loans. $195,164,000 of loans were in multifamily mortgage loans. $376,393,000 of loans were in 1-4 family mortgage loans. $193,094,000 of loans were in farm loans. $0 of loans were in credit card loans. $38,156,000 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 882 $213,256 $241,787
    Nonfarm, nonresidential loans - <$100k 161 $6,698 $41,602
    Nonfarm, nonresidential loans - $100-250k 247 $30,307 $122,700
    Nonfarm, nonresidential loans - $250k-1MM 474 $176,251 $371,838
    Commercial & Industrial, US addressed loans - <$1MM 3,107 $314,937 $101,364
    Commercial & Industrial, US addressed loans - <$100k 1,740 $43,670 $25,098
    Commercial & Industrial, US addressed loans - $100-250k 630 $59,982 $95,210
    Commercial & Industrial, US addressed loans - $250k-1MM 737 $211,285 $286,682
    Farmland loans - <$1MM 281 $36,434 $129,658
    Farmland loans - <$100k 73 $3,985 $54,589
    Farmland loans - $100-250k 116 $12,651 $109,060
    Farmland loans - $250k-1MM 92 $19,798 $215,196
    Agriculture operations loans - <$1MM 329 $38,139 $115,924
    Agriculture operations loans - <$100k 168 $5,671 $33,756
    Agriculture operations loans - $100-250k 77 $8,645 $112,273
    Agriculture operations loans - $250k-1MM 84 $23,823 $283,607