Johnson Bank Mortgage Rates, Fees & Info

Racine, WI

LEI: IWRZQFYIRJ0IMURZBB68

Tax ID: 39-1141446

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

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  • SimulatedRates™
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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

    Johnson Bank is a small bank specializing in Home Purchase loans. Johnson Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Milwaukee, Phoenix, Madison, Chicago, and Racine among others. We have data for 64 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Johnson Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Johnson 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) 5.70% 4/18/24
    30 Year Conventional Purchase 6.44% 4/18/24
    30 Year Conventional Refi 6.24% 4/18/24
    30 Year Cash-out Refi 6.42% 4/18/24
    30 Year VA Purchase 6.70% 4/18/24
    30 Year USDA Purchase 6.27% 4/18/24
    15 Year Conventional Purchase 5.85% 4/18/24
    15 Year Conventional Refi 5.76% 4/18/24
    15 Year Cash-out Refi 5.76% 4/18/24
    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.

    Johnson Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Johnson 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

    4,655

    Origination Dollar Volume (All Markets)

    $1,021,835,000

    Employee count

    975 Show all (8) 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
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 837 $202,835,000 $242,336 $2,487 4.68%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 336 $130,130,000 $387,292 $4,851 4.52%
    MADISON, WI (FHA|USDA|VA) 432 $109,140,000 $252,639 $3,252 4.58%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 572 $108,610,000 $189,878 $2,940 4.70%
    RACINE, WI (FHA|USDA|VA) 575 $99,375,000 $172,826 $2,643 4.74%
    Outside of Metro Areas 477 $80,855,000 $169,507 $2,523 4.78%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 402 $59,460,000 $147,910 $2,685 4.74%
    GREEN BAY, WI (FHA|USDA|VA) 296 $56,420,000 $190,608 $2,353 4.56%
    APPLETON, WI (FHA|USDA|VA) 184 $36,970,000 $200,924 $2,300 4.58%
    SHEBOYGAN, WI (FHA|USDA|VA) 98 $16,810,000 $171,531 $2,150 4.71%
    Whitewater, WI (FHA|USDA|VA) 72 $15,720,000 $218,333 $2,637 4.68%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 81 $12,505,000 $154,383 $2,352 4.64%
    Platteville, WI (FHA|USDA|VA) 2 $12,040,000 $6,020,000 $2,820 4.78%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 49 $9,195,000 $187,653 $2,408 4.71%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 29 $8,725,000 $300,862 $3,204 4.56%
    Hutchinson, MN (FHA|USDA|VA) 1 $4,755,000 $4,755,000 $0 4.32%
    Manitowoc, WI (FHA|USDA|VA) 26 $4,680,000 $180,000 $2,412 4.69%
    ROCHESTER, MN (FHA|USDA|VA) 2 $4,070,000 $2,035,000 $1,964 3.90%
    DULUTH, MN-WI (FHA|USDA|VA) 11 $3,875,000 $352,273 $3,095 4.34%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 11 $3,685,000 $335,000 $3,688 4.37%
    FLAGSTAFF, AZ (FHA|USDA|VA) 7 $3,435,000 $490,714 $6,087 4.20%
    Shawano, WI (FHA|USDA|VA) 14 $2,840,000 $202,857 $2,379 4.57%
    Baraboo, WI (FHA|USDA|VA) 8 $2,600,000 $325,000 $3,511 4.58%
    Marinette, WI-MI (FHA|USDA|VA) 16 $2,520,000 $157,500 $1,930 4.91%
    ST. CLOUD, MN (FHA|USDA|VA) 3 $2,295,000 $765,000 $6,188 4.71%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $2,225,000 $741,667 $7,015 3.92%
    EAU CLAIRE, WI (FHA|USDA|VA) 15 $1,925,000 $128,333 $2,916 5.00%
    Show Low, AZ (FHA|USDA|VA) 5 $1,675,000 $335,000 $4,553 4.18%
    TUCSON, AZ (FHA|USDA|VA) 6 $1,630,000 $271,667 $4,227 4.67%
    PUNTA GORDA, FL (FHA|USDA|VA) 2 $1,510,000 $755,000 $10,172 4.56%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 4 $1,460,000 $365,000 $5,625 3.88%
    Payson, AZ (FHA|USDA|VA) 5 $1,415,000 $283,000 $5,318 3.90%
    Owatonna, MN (FHA|USDA|VA) 1 $1,405,000 $1,405,000 $0 4.90%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 6 $1,310,000 $218,333 $3,179 4.52%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 1 $1,155,000 $1,155,000 $0 3.89%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 8 $1,140,000 $142,500 $2,493 4.41%
    PANAMA CITY, FL (FHA|USDA|VA) 3 $1,095,000 $365,000 $0 5.25%
    ROCKFORD, IL (FHA|USDA|VA) 8 $1,050,000 $131,250 $2,803 4.60%
    Beaver Dam, WI (FHA|USDA|VA) 9 $1,015,000 $112,778 $3,278 4.98%
    Menomonie, WI (FHA|USDA|VA) 4 $850,000 $212,500 $2,599 4.14%
    Stevens Point, WI (FHA|USDA|VA) 5 $655,000 $131,000 $2,263 4.62%
    FOND DU LAC, WI (FHA|USDA|VA) 2 $590,000 $295,000 $0 5.39%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $505,000 $505,000 $0 5.00%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 3 $505,000 $168,333 $3,184 4.58%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $455,000 $455,000 $3,502 3.70%
    Edwards, CO (FHA|USDA|VA) 1 $455,000 $455,000 $2,537 4.25%
    YUMA, AZ (FHA|USDA|VA) 1 $435,000 $435,000 $4,934 3.75%
    Key West, FL (FHA|USDA|VA) 1 $405,000 $405,000 $0 5.00%
    Iron Mountain, MI-WI (FHA|USDA|VA) 4 $360,000 $90,000 $2,529 5.21%
    Glenwood Springs, CO (FHA|USDA|VA) 1 $355,000 $355,000 $2,517 4.85%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $325,000 $325,000 $4,459 4.75%
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $325,000 $325,000 $2,682 4.50%
    Macomb, IL (FHA|USDA|VA) 1 $315,000 $315,000 $2,266 4.25%
    Willmar, MN (FHA|USDA|VA) 1 $295,000 $295,000 $3,665 4.45%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $225,000 $225,000 $3,122 4.90%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $205,000 $205,000 $2,865 4.50%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $185,000 $185,000 $2,667 4.70%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $185,000 $185,000 $2,655 4.20%
    Brainerd, MN (FHA|USDA|VA) 1 $155,000 $155,000 $0 4.50%
    Nogales, AZ (FHA|USDA|VA) 1 $145,000 $145,000 $3,337 4.40%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $125,000 $125,000 $3,589 4.45%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $85,000 $85,000 $2,780 3.65%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $75,000 $75,000 $0 5.00%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $65,000 $65,000 $2,025 4.70%
    Johnson Bank's top markets include Milwaukee, Phoenix, Madison, Chicago, and Racine among others.

    Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Similar Lenders

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

    AppleTree Credit Union
    Similarity Rank: 10
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    UNITED
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    First Community Credit Union
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    PCM
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    UNITEDONE Credit Union
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    Liberty Bank for Savings
    Similarity Rank: 104
    Empower Credit Union
    Similarity Rank: 135

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,098 $851,140,000 $274,739 $2,864 4.34%
    HELOC 1,549 $169,255,000 $109,267 n/a 5.33%
    USDA 8 $1,440,000 $180,000 $4,057 4.78%

    For 2018, Johnson Bank's most frequently originated type of loan was Conventional, with 3,098 originations. Their 2nd most popular type was HELOC, with 1,549 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,408 $655,900,000 $272,384 $3,148 4.36%
    Other 935 $101,525,000 $108,583 $1,568 5.25%
    Refi 590 $164,730,000 $279,203 $1,820 4.73%
    Home Improvement 438 $46,490,000 $106,142 $2,976 5.28%
    Cash Out Refi 284 $53,190,000 $187,289 $2,308 4.33%

    For 2018, Johnson Bank's most frequently cited loan purpose was Home Purchase, with 2,408 originations. The 2nd most popular reason was Other, with 935 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    1 Year 1,793 $261,575,000 $145,887 $2,943 5.01%
    30 Year 1,628 $345,150,000 $212,009 $2,842 4.59%
    Other 391 $156,985,000 $401,496 $3,518 4.38%
    15 Year 367 $73,015,000 $198,951 $2,183 3.93%
    5 Year 207 $112,745,000 $544,662 $3,827 4.54%
    10 Year 125 $33,185,000 $265,480 $2,116 4.43%
    20 Year 110 $23,930,000 $217,545 $2,616 4.28%
    3 Year 34 $15,250,000 $448,529 $2,688 4.38%

    For 2018, Johnson Bank's most frequently cited loan duration was 1 Year, with 1,793 originations. The 2nd most popular length was 30 Year, with 1,628 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 2,033 $558,595,000 $274,764
    $1k-2k 534 $126,710,000 $237,285
    $2k-3k 172 $45,130,000 $262,384
    $3k-4k 67 $21,915,000 $327,090
    $5k+ 25 $12,935,000 $517,400
    $4k-5k 23 $8,465,000 $368,043

    Johnson Bank's average total fees were $2,842, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,033 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 2,460 $614,270,000 $249,703
    5-6% 1,278 $158,460,000 $123,991
    3-4% 592 $163,720,000 $276,554
    2.5-3% 115 $42,155,000 $366,565
    <2.5% 98 $36,350,000 $370,918
    6-7% 98 $4,820,000 $49,184
    7-8% 11 $1,925,000 $175,000
    Over 8% 3 $135,000 $45,000

    During 2018, Johnson Bank's average interest rate for loans was 4.59%, while their most frequently originated rate bucket for loans was 4-5%, with 2,460 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 1,413 $202,095,000 $143,025 $2,449 4.67%
    $200k-400k 1,341 $373,555,000 $278,565 $2,991 4.38%
    $100,000 or less 1,329 $76,085,000 $57,250 $1,679 5.21%
    $400k-600k 390 $178,110,000 $456,692 $3,633 3.97%
    $600k-1MM 132 $98,700,000 $747,727 $4,295 4.34%
    $1MM+ 50 $93,290,000 $1,865,800 $7,637 4.32%

    2018 saw Johnson Bank place emphasis on $100k-200k loans with 1,413 originations, totaling $202,095,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,073 $218,995,000 $204,096 $2,987 4.65%
    $150k-250k 879 $224,325,000 $255,205 $3,098 4.60%
    $50k-75k 708 $95,620,000 $135,056 $2,505 4.73%
    $75k-100k 669 $112,185,000 $167,691 $2,759 4.71%
    $250k+ 637 $243,715,000 $382,598 $3,754 4.54%
    $50k or less 507 $50,485,000 $99,576 $2,234 4.76%

    Johnson Bank lent most frequently to those with incomes in the $100k-150k range, with 1,073 originations. The second most popular income band? $150k-250k, with 879 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,103 $217,035,000 $196,768 $2,765 4.67%
    30-36% 868 $181,140,000 $208,687 $2,823 4.69%
    <20% 451 $96,625,000 $214,246 $2,736 4.61%
    42% 199 $43,845,000 $220,327 $3,218 4.66%
    43% 191 $34,265,000 $179,398 $2,938 4.83%
    39% 191 $41,425,000 $216,885 $3,049 4.61%
    40% 189 $41,925,000 $221,825 $2,929 4.74%
    41% 177 $40,195,000 $227,090 $2,969 4.73%
    44% 174 $36,610,000 $210,402 $3,242 4.69%
    36% 159 $34,115,000 $214,560 $2,796 4.67%
    38% 157 $35,515,000 $226,210 $3,093 4.56%
    45% 151 $29,635,000 $196,258 $2,690 4.70%
    37% 150 $32,080,000 $213,867 $2,680 4.77%
    46% 89 $19,235,000 $216,124 $2,783 4.30%
    48% 85 $23,845,000 $280,529 $3,017 4.27%
    47% 76 $19,770,000 $260,132 $3,126 4.32%
    49% 58 $15,230,000 $262,586 $2,836 4.51%
    50-60% 37 $10,155,000 $274,459 $2,809 4.36%
    >60% 14 $5,500,000 $392,857 $2,739 4.99%

    Johnson Bank lent most frequently to those with DTI ratios of 20-30%, with 1,103 originations. The next most common DTI ratio? 30-36%, with 868 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 4,402 $919,220,000 $208,819 $2,856 4.67%
    Not applicable 69 $57,115,000 $827,754 $0 5.28%
    Asian 100 $24,420,000 $244,200 $2,960 4.40%
    Black 45 $10,825,000 $240,556 $3,519 4.69%
    Not provided 21 $6,265,000 $298,333 $3,044 4.27%
    American Indian 14 $2,810,000 $200,714 $3,053 4.32%
    Native Hawaiian or Islander 4 $1,180,000 $295,000 $2,928 4.47%

    Approval Rates

    Total approvals of all applications
    90.37%

    Johnson Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    87.13%

    Johnson Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 4,655 $1,021,835,000 $219,513

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 28 $47,890,000 $1,710,357
    Single Family (1-4 Units):Manufactured 20 $1,900,000 $95,000
    Single Family (1-4 Units):Site-Built 4,607 $972,045,000 $210,993

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 729 $87,835,000 $120,487 $1,821 5.13%
    40-60% 557 $114,295,000 $205,197 $2,262 4.56%
    60-80% 1,237 $366,575,000 $296,342 $3,033 4.44%
    80-100% 1,475 $401,595,000 $272,268 $3,075 4.35%
    Over 100% 10 $15,960,000 $1,596,000 $4,421 5.05%
    Under 20% 647 $35,575,000 $54,985 $523 5.41%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Johnson Bank 1 South Main Street Janesville, WI 53545 Full Service B&M $280,659
    Johnson Bank 1000 Fox Street Mukwonago, WI 53149 Full Service B&M $30,937
    Johnson Bank 101 West Chestnut Street Burlington, WI 53105 Full Service B&M $11,392
    Johnson Bank 10631 Ushwy 63 Hayward, WI 54843 Full Service B&M $119,745
    Johnson Bank 1309 N Wright Road Janesville, WI 53546 Full Service B&M $35,940
    Johnson Bank 14000 W. North Avenue Brookfield, WI 53005 Full Service B&M $26,075
    Johnson Bank 1525 Howe Street Racine, WI 53403 Full Service B&M $24,634
    Johnson Bank 1555 West Mequon Road Mequon, WI 53092 Full Service B&M $10,299
    Johnson Bank 159 Martin Luther King Jr. Boulevard Madison, WI 53703 Full Service B&M $7,889
    Johnson Bank 200 Sherman Avenue West Fort Atkinson, WI 53538 Full Service B&M $45,521
    Johnson Bank 2019 Cenex Drive Rice Lake, WI 54868 Full Service B&M $14,370
    Johnson Bank 2021 Holiday Drive Janesville, WI 53545 Full Service B&M $37,301
    Johnson Bank 222 West College Avenue Appleton, WI 54911 Full Service B&M $7,392
    Johnson Bank 2729 18th Street Kenosha, WI 53140 Full Service B&M $40,151
    Johnson Bank 3001 W. Rawson Avenue Franklin, WI 53132 Full Service B&M $31,044
    Johnson Bank 3131 East Camelback Road Phoenix, AZ 85016 Full Service B&M $227,416
    Johnson Bank 318 S. Washington Street Green Bay, WI 54301 Full Service B&M $223,111
    Johnson Bank 32621 North Scottsdale Road Scottsdale, AZ 85262 Full Service B&M $39,875
    Johnson Bank 333 East Wisconsin Avenue Milwaukee, WI 53202 Full Service B&M $447,892
    Johnson Bank 340 South Main Street Rice Lake, WI 54868 Full Service Retail $20,080
    Johnson Bank 3928 60th Street Kenosha, WI 53144 Full Service B&M $46,887
    Johnson Bank 4001 N Main Street Wind Point, WI 53402 Full Service B&M $100,501
    Johnson Bank 441 Lake Avenue Racine, WI 53403 Limited, Drive-thru $0
    Johnson Bank 455 Riverdale Drive Green Bay, WI 54313 Full Service B&M $17,356
    Johnson Bank 4959 Douglas Avenue Racine, WI 53402 Full Service B&M $52,582
    Johnson Bank 5201 East Terrace Drive Madison, WI 53718 Full Service B&M $404,270
    Johnson Bank 525 Junction Road Madison, WI 53717 Full Service B&M $15,756
    Johnson Bank 526 North River Street Spooner, WI 54801 Full Service B&M $14,161
    Johnson Bank 555 Main Street, 490 Racine, WI 53403 Full Service B&M $713,331
    Johnson Bank 5600 Lake Drive, Suite 101 Whitefish Bay, WI 53217 Full Service B&M $26,069
    Johnson Bank 5901 Durand Avenue Racine, WI 53406 Full Service B&M $116,480
    Johnson Bank 6520 Northwestern Avenue Racine, WI 53406 Full Service B&M $56,142
    Johnson Bank 6700 Washington Avenue Racine, WI 53406 Full Service B&M $73,509
    Johnson Bank 7401 144th Avenue Kenosha, WI 53142 Full Service B&M $20,285
    Johnson Bank 7500 Green Bay Road Kenosha, WI 53142 Full Service B&M $377,092
    Johnson Bank 8046 39th Avenue Kenosha, WI 53142 Full Service B&M $51,419
    Johnson Bank 815 Woodlake Road Kohler, WI 53044 Full Service B&M $60,338
    Johnson Bank 8311 16th Street Sturtevant, WI 53177 Full Service B&M $13,613
    Johnson Bank 840 Main Avenue De Pere, WI 54115 Full Service B&M $22,069
    Johnson Bank 8700 East Pinnacle Peak Road Scottsdale, AZ 85255 Full Service B&M $34,016
    Johnson Bank 8700 N. Gainey Center Dr., Ste 100 Scottsdale, AZ 85258 Full Service B&M $19,193
    Johnson Bank N22 W23991 Ridgeview Pkwy Waukesha, WI 53188 Full Service B&M $22,673

    For 2018, Johnson Bank had 42 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $190,905
    Net interest income $169,723
    Total noninterest income $73,005
    Gross Fiduciary activities income $28,923
    Service charges on deposit accounts $6,973
    Trading account gains and fees $0
    Additional Noninterest Income $37,109
    Pre-tax net operating income $76,983
    Securities gains (or losses, -) $-1,216
    Income before extraordinary items $56,727
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $56,727
    Minority interest net income $0
    Net income $56,727
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $57,687

    Johnson Bank's gross interest income from loans was $190,905,000.
    Johnson Bank's net interest income from loans was $169,723,000.
    Johnson Bank's fee based income from loans was $6,973,000.
    Johnson Bank's net income from loans was $56,727,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $21,182
    Provision for credit losses $-5,982
    Total noninterest expense $171,727
    Salaries and employee benefits $113,644
    Premises and equipment expense $22,385
    Additional noninterest expense $35,698
    Applicable income taxes $19,040
    Net charge-offs $-8,282
    Cash dividends $10,000

    Johnson Bank's interest expense for loans was $21,182,000.
    Johnson Bank's payroll and benefits expense were $113,644,000.
    Johnson Bank's property, plant and equipment expenses $22,385,000.

    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 0.5%
    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 $4,253,067
    Deposits held in domestic offices $4,253,067
    Deposits by Individuals, partnerships, and corporations $4,010,459
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $242,250
    Deposits by Commercial banks and other depository institutions in U.S. $358
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $573,067
    Demand deposits $538,298
    Nontransaction accounts $3,680,000
    Money market deposit accounts (MMDAs) $3,028,051
    Other savings deposits (excluding MMDAs) $234,291
    Total time deposits $417,658
    Total time and savings deposits $3,714,769
    Noninterest-bearing deposits $1,256,307
    Interest-bearing deposits $2,996,760
    Retail deposits $4,123,304
    IRAs and Keogh plan accounts $71,372
    Brokered deposits $4,917
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $4,983,953
    Cash & Balances due from depository institutions $164,555
    Interest-bearing balances $89,865
    Total securities $558,041
    Federal funds sold & reverse repurchase $0
    Net loans and leases $3,946,115
    Loan and leases loss allowance $64,293
    Trading account assets $0
    Bank premises and fixed assets $74,003
    Other real estate owned $4,304
    Goodwill and other intangibles $49,777
    All other assets $187,158

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $4,983,953
    Total Liabilities $4,354,557
    Total deposits $4,253,067
    Interest-bearing deposits $2,996,760
    Deposits held in domestic offices $4,253,067
    % insured (estimated) $53
    Federal funds purchased and repurchase agreements $7,674
    Trading liabilities $0
    Other borrowed funds $32,424
    Subordinated debt $7,500
    All other liabilities $53,892

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $3,946,115
    Loan and leases loss allowance $64,293
    Total loans and leases (domestic) $4,010,408
    All real estate loans $2,832,498
    Real estate loans in domestic offices $2,832,498
    Construction and development loans $345,862
    Residential 1-4 family construction $114,108
    Other construction, all land development and other land $231,754
    Loans secured by nonfarm nonresidential properties $1,045,750
    Nonfarm nonresidential secured by owner-occupied properties $540,725
    Commercial real estate & other non-farm, non-residential $505,025
    Multifamily residential real estate $272,325
    1-4 family residential loans $1,164,633
    Farmland loans $3,928
    Loans held in foreign offices $0
    Farm loans $434
    Commercial and industrial loans $948,964
    To non-U.S. addressees $0
    Loans to individuals $94,290
    Credit card loans $15,834
    Related Plans $62,902
    Consumer Auto Loans $762
    Other loans to individuals $14,792
    All other loans & leases $134,222
    Loans to foreign governments and official institutions $0
    Other loans $67,415
    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 $75
    Restructured Loans & leases $1,743
    Non 1-4 family restructured loans & leases $224
    Total loans and leases (foreign) $0

    Johnson Bank had $3,946,115,000 of loans outstanding in 2018. $2,832,498,000 of loans were in real estate loans. $345,862,000 of loans were in development loans. $272,325,000 of loans were in multifamily mortgage loans. $1,164,633,000 of loans were in 1-4 family mortgage loans. $434,000 of loans were in farm loans. $15,834,000 of loans were in credit card loans. $762,000 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 893 $221,395 $247,923
    Nonfarm, nonresidential loans - <$100k 196 $9,534 $48,643
    Nonfarm, nonresidential loans - $100-250k 297 $41,547 $139,889
    Nonfarm, nonresidential loans - $250k-1MM 400 $170,314 $425,785
    Commercial & Industrial, US addressed loans - <$1MM 1,028 $141,636 $137,778
    Commercial & Industrial, US addressed loans - <$100k 449 $13,638 $30,374
    Commercial & Industrial, US addressed loans - $100-250k 242 $25,214 $104,190
    Commercial & Industrial, US addressed loans - $250k-1MM 337 $102,784 $304,997
    Farmland loans - <$1MM 22 $2,978 $135,364
    Farmland loans - <$100k 6 $146 $24,333
    Farmland loans - $100-250k 12 $1,556 $129,667
    Farmland loans - $250k-1MM 4 $1,276 $319,000
    Agriculture operations loans - <$1MM 2 $433 $216,500
    Agriculture operations loans - <$100k 1 $75 $75,000
    Agriculture operations loans - $250k-1MM 1 $358 $358,000