Armed Forces Bank Mortgage Rates, Fees & Info
Kansas City, MOLEI: 5493007CLWQN2S6IZK91
Tax ID: 48-0124710
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Bank Data
Review & Overview
Armed Forces Bank is a smaller bank specializing in Home Purchase loans. Armed Forces Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Kansas City, Las Vegas, Seattle, Riverside, and Denver among others. We have data for 66 markets. (Some data included below & more in-depth data is available with an active subscription.)Armed Forces 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.
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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.52% | 11/17/24 |
| 30 Year Conventional Refi | 6.30% | 11/17/24 |
| 30 Year Cash-out Refi | 6.54% | 11/17/24 |
| 30 Year FHA Purchase | 6.96% | 11/17/24 |
| 30 Year FHA Refi | 6.40% | 11/17/24 |
| 30 Year VA Purchase | 5.69% | 11/17/24 |
| 30 Year VA Refi | 5.43% | 11/17/24 |
| 30 Year USDA Purchase | 6.27% | 11/17/24 |
| 15 Year Conventional Purchase | 6.04% | 11/17/24 |
| 15 Year Conventional Refi | 5.75% | 11/17/24 |
| 15 Year Cash-out Refi | 5.75% | 11/17/24 |
| 15 Year VA Purchase | 5.67% | 11/17/24 |
| 15 Year VA Refi | 5.68% | 11/17/24 |
| 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. | ||
Armed Forces Bank Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
164Origination Dollar Volume (All Markets)
$41,000,000Employee count
304Top 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 |
|---|---|---|---|---|---|
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 37 | $7,785,000 | $210,405 | $0 | 0.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 15 | $3,705,000 | $247,000 | $0 | 0.00% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 10 | $2,670,000 | $267,000 | $0 | 0.00% |
| Outside of Metro Areas | 6 | $2,100,000 | $350,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 7 | $1,935,000 | $276,429 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 2 | $1,740,000 | $870,000 | $0 | 0.00% |
| VALLEJO, CA (FHA|USDA|VA) | 3 | $1,305,000 | $435,000 | $0 | 0.00% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 4 | $1,170,000 | $292,500 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 3 | $1,125,000 | $375,000 | $0 | 0.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $865,000 | $865,000 | $0 | 0.00% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 3 | $835,000 | $278,333 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $0 | 0.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 4 | $710,000 | $177,500 | $0 | 0.00% |
| MANHATTAN, KS (FHA|USDA|VA) | 3 | $605,000 | $201,667 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $0 | 0.00% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $0 | 0.00% |
| AKRON, OH (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 0.00% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $0 | 0.00% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 0.00% |
| RICHMOND, VA (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $0 | 0.00% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $0 | 0.00% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| Enterprise, AL (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| Fergus Falls, MN (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| Fort Leonard Wood, MO (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| BOISE CITY, ID (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| Paducah, KY-IL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Lake City, FL (FHA|USDA|VA) | 3 | $195,000 | $65,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| AMES, IA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Natchitoches, LA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
| Kirksville, MO (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| Laurel, MS (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| TOPEKA, KS (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| VA | 97 | $23,935,000 | $246,753 | $0 | 0.00% |
| Conventional | 54 | $14,960,000 | $277,037 | $0 | 0.00% |
| FHA | 13 | $2,105,000 | $161,923 | $0 | 0.00% |
For 2018, Armed Forces Bank's most frequently originated type of loan was VA, with 97 originations. Their 2nd most popular type was Conventional, with 54 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 113 | $26,535,000 | $234,823 | $0 | 0.00% |
| Cash Out Refi | 26 | $6,800,000 | $261,538 | $0 | 0.00% |
| Refi | 25 | $7,665,000 | $306,600 | $0 | 0.00% |
For 2018, Armed Forces Bank's most frequently cited loan purpose was Home Purchase, with 113 originations. The 2nd most popular reason was Cash Out Refi, with 26 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 164 | $41,000,000 | $250,000 | $0 | 0.00% |
For 2018, Armed Forces Bank's most frequently cited loan duration was Other, with 164 originations.
Loan Sizing
2018 saw Armed Forces Bank place emphasis on $200k-400k loans with 80 originations, totaling $22,450,000 in origination value.
Applicant Income
Armed Forces Bank lent most frequently to those with incomes in the $50k-75k range, with 48 originations. The second most popular income band? $100k-150k, with 32 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 164 | $41,000,000 | $250,000 | $0 | 0.00% |
Armed Forces Bank lent most frequently to those with DTI ratios of Exempt%, with 164 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications77.00%
Armed Forces Bank has a below average approval rate.
Pick Rate
Approvals leading to origination60.37%
Armed Forces Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 164 | $41,000,000 | $250,000 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 164 | $41,000,000 | $250,000 |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Armed Forces Bank, National Association | 101 West Spaatz Road, Building 2465 Fairchild Afb, WA 99011 | Full Service Retail | $3,780 |
| Armed Forces Bank, National Association | 108 Mcnair Road, Building 451 Fort Myer, VA 22211 | Full Service B&M | $43,545 |
| Armed Forces Bank, National Association | 11566 41st Division Drive Fort Lewis, WA 98433 | Full Service Retail | $1,397 |
| Armed Forces Bank, National Association | 131 Gold Vault Road Fort Knox, KY 40121 | Full Service B&M | $59,335 |
| Armed Forces Bank, National Association | 13471 Sgt Major Boulevard Fort Bliss, TX 79916 | Full Service Retail | $1,475 |
| Armed Forces Bank, National Association | 13877 W Thunderbird St Glendale, AZ 85307 | Full Service B&M | $29,466 |
| Armed Forces Bank, National Association | 1720 Marshall Road Fort Bliss, TX 79906 | Full Service B&M | $33,499 |
| Armed Forces Bank, National Association | 2260 Callagan Highway, Building 3187a, Suite 1 San Diego, CA 92136 | Full Service B&M | $0 |
| Armed Forces Bank, National Association | 2260 Callagan Hwy Suite 1 San Diego, CA 92136 | Full Service Retail | $6,952 |
| Armed Forces Bank, National Association | 240 West Fitzgerald Boulevard Edwards Afb, CA 93524 | Full Service B&M | $6,436 |
| Armed Forces Bank, National Association | 26 Farragut Avenue Great Lakes, IL 60088 | Full Service B&M | $20,589 |
| Armed Forces Bank, National Association | 2901 South 4th Street Leavenworth, KS 66048 | Full Service B&M | $28,719 |
| Armed Forces Bank, National Association | 320 Kansas Avenue Fort Leavenworth, KS 66027 | Full Service B&M | $265,071 |
| Armed Forces Bank, National Association | 3238 Guadal Canal Road San Diego, CA 92155 | Full Service Retail | $507 |
| Armed Forces Bank, National Association | 350 Hickman Avenue Travis Afb, CA 94535 | Full Service B&M | $11,803 |
| Armed Forces Bank, National Association | 3542 Green Bay Road Great Lakes, IL 60088 | Full Service Retail | $1,446 |
| Armed Forces Bank, National Association | 37 Goldstone Road, Building 37 Fort Irwin, CA 92310 | Full Service B&M | $7,892 |
| Armed Forces Bank, National Association | 429 W. 18th Street Junction City, KS 66441 | Full Service B&M | $3,058 |
| Armed Forces Bank, National Association | 4325 North Washington Boulevard Nellis Air Force Base, NV 89110 | Full Service B&M | $63,935 |
| Armed Forces Bank, National Association | 4343 George Street Valdosta, GA 31699 | Full Service B&M | $2,907 |
| Armed Forces Bank, National Association | 484 Nebraska Avenue Fort Leonard Wood, MO 65473 | Full Service B&M | $36,877 |
| Armed Forces Bank, National Association | 52035 Arizona Street Fort Huachuca, AZ 85670 | Full Service B&M | $43,999 |
| Armed Forces Bank, National Association | 5303 Normandy Drive Fort Riley, KS 66442 | Full Service B&M | $18,582 |
| Armed Forces Bank, National Association | 540 Cluverius Avenue, Building 400 Great Lakes, IL 60088 | Full Service Retail | $393 |
| Armed Forces Bank, National Association | 550 Barnes Boulevard Mcchord Afb, WA 98438 | Full Service B&M | $40,184 |
| Armed Forces Bank, National Association | 615 Metropolitan Avenue Leavenworth, KS 66048 | Limited, Drive-thru | $6,826 |
| Armed Forces Bank, National Association | 6384 Wetzel Avenue, Building 1512 Fort Carson, CO 80913 | Full Service B&M | $50,430 |
| Armed Forces Bank, National Association | 7800 Hampton Blvd Bldg 8c 400 Norfolk, VA 23511 | Full Service Retail | $1,786 |
| Armed Forces Bank, National Association | 965 Quilter Street Yuma, AZ 85365 | Full Service B&M | $5,183 |
| Armed Forces Bank, National Association | Building 3301 Surface Navy Blvd San Diego, CA 92136 | Full Service Retail | $1,200 |
| Armed Forces Bank, National Association | Building 3452 P.O. Box 16171 Mc Guire Afb, NJ 8641 | Full Service Retail | $6,458 |
| Armed Forces Bank, National Association | Building 9207 Fort Rucker, AL 36362 | Full Service Retail | $5,846 |
| Armed Forces Bank, National Association | Building 926 Macdill Afb, FL 33608 | Full Service B&M | $5,313 |
| Armed Forces Bank, National Association | Coleman And Linstrom Streets Fort Carson, CO 80913 | Limited, Drive-thru | $0 |
| Armed Forces Bank, National Association | Community Center Drive, Bldg 5122 U S A F Academy, CO 80840 | Full Service B&M | $6,161 |
| Armed Forces Bank, National Association | Nex Building 2017 San Diego, CA 92135 | Full Service Retail | $1,345 |
| Armed Forces Bank, National Association | Pendleton Avenue & North 12th Street Fort Lewis, WA 98433 | Full Service B&M | $52,938 |
For 2018, Armed Forces Bank had 37 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $40,350 |
| Net interest income | $38,456 |
| Total noninterest income | $45,860 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $20,356 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $25,504 |
| Pre-tax net operating income | $24,038 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $17,086 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $17,086 |
| Minority interest net income | $0 |
| Net income | $17,086 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $17,086 |
Armed Forces Bank's gross interest income from loans was $40,350,000.
Armed Forces Bank's net interest income from loans was $38,456,000.
Armed Forces Bank's fee based income from loans was $20,356,000.
Armed Forces Bank's net income from loans was $17,086,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $1,894 |
| Provision for credit losses | $1,200 |
| Total noninterest expense | $59,078 |
| Salaries and employee benefits | $27,921 |
| Premises and equipment expense | $6,635 |
| Additional noninterest expense | $24,522 |
| Applicable income taxes | $6,952 |
| Net charge-offs | $3,797 |
| Cash dividends | $20,000 |
Armed Forces Bank's interest expense for loans was $1,894,000.
Armed Forces Bank's payroll and benefits expense were $27,921,000.
Armed Forces Bank's property, plant and equipment expenses $6,635,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 3.0% |
| Real Estate loans | 2.0% |
| Construction & Land Development loans | 41.0% |
| Nonfarm, nonresidential loans | 0.0% |
| Multifamily residential loans | 0.0% |
| 1-4 family residential loans | 1.0% |
| HELOC loans | 0.0% |
| All other family | 1.0% |
| Commercial & industrial loans | 5.0% |
| Personal loans | 0.0% |
| Credit card loans | 0.6% |
| 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 | $872,519 |
| Deposits held in domestic offices | $872,519 |
| Deposits by Individuals, partnerships, and corporations | $858,302 |
| Deposits by U.S. Government | $3,314 |
| Deposits by States and political subdivisions in the U.S. | $10,903 |
| Deposits by Commercial banks and other depository institutions in U.S. | $0 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $481,227 |
| Demand deposits | $481,227 |
| Nontransaction accounts | $391,292 |
| Money market deposit accounts (MMDAs) | $121,301 |
| Other savings deposits (excluding MMDAs) | $151,090 |
| Total time deposits | $118,900 |
| Total time and savings deposits | $391,292 |
| Noninterest-bearing deposits | $232,604 |
| Interest-bearing deposits | $639,915 |
| Retail deposits | $844,710 |
| IRAs and Keogh plan accounts | $13,132 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $1,077,570 |
| Cash & Balances due from depository institutions | $192,592 |
| Interest-bearing balances | $169,527 |
| Total securities | $165,202 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $675,575 |
| Loan and leases loss allowance | $9,645 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $9,983 |
| Other real estate owned | $2,568 |
| Goodwill and other intangibles | $9,332 |
| All other assets | $22,318 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $1,077,570 |
| Total Liabilities | $882,982 |
| Total deposits | $872,519 |
| Interest-bearing deposits | $639,915 |
| Deposits held in domestic offices | $872,519 |
| % insured (estimated) | $86 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $10,463 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $675,575 |
| Loan and leases loss allowance | $9,645 |
| Total loans and leases (domestic) | $685,220 |
| All real estate loans | $503,309 |
| Real estate loans in domestic offices | $503,309 |
| Construction and development loans | $24,116 |
| Residential 1-4 family construction | $1,393 |
| Other construction, all land development and other land | $22,723 |
| Loans secured by nonfarm nonresidential properties | $344,239 |
| Nonfarm nonresidential secured by owner-occupied properties | $4,492 |
| Commercial real estate & other non-farm, non-residential | $339,747 |
| Multifamily residential real estate | $10,778 |
| 1-4 family residential loans | $124,176 |
| Farmland loans | $0 |
| Loans held in foreign offices | $0 |
| Farm loans | $0 |
| Commercial and industrial loans | $171,405 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $5,486 |
| Credit card loans | $2,097 |
| Related Plans | $120 |
| Consumer Auto Loans | $312 |
| Other loans to individuals | $2,957 |
| All other loans & leases | $5,020 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $3,880 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $16,682 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $46 |
| Non 1-4 family restructured loans & leases | $0 |
| Total loans and leases (foreign) | $0 |
Armed Forces Bank had $675,575,000 of loans outstanding in 2018. $503,309,000 of loans were in real estate loans. $24,116,000 of loans were in development loans. $10,778,000 of loans were in multifamily mortgage loans. $124,176,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $2,097,000 of loans were in credit card loans. $312,000 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 | 14 | $1,209 | $86,357 |
| Nonfarm, nonresidential loans - <$100k | 8 | $128 | $16,000 |
| Nonfarm, nonresidential loans - $100-250k | 3 | $76 | $25,333 |
| Nonfarm, nonresidential loans - $250k-1MM | 3 | $1,005 | $335,000 |
| Commercial & Industrial, US addressed loans - <$1MM | 27 | $790 | $29,259 |
| Commercial & Industrial, US addressed loans - <$100k | 19 | $103 | $5,421 |
| Commercial & Industrial, US addressed loans - $100-250k | 1 | $106 | $106,000 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 7 | $581 | $83,000 |