American Momentum Bank Mortgage Rates, Fees & Info
College Station, TX
LEI: 549300IJB00VM6H8PP97
Tax ID: 16-1764661
5 stars
-
out of 5 stars, based on 25 reviews
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Mortgage Data
Bank Data
Overview
American Momentum Bank is a
smaller
bank
specializing in
Home Purchase and Cash Out Refi loans.
American Momentum Bank has a high proportion of conventional loans.
They have a a low proportion of FHA loans. (This may mean they shy away from
first time homebuyers.)
Their top markets include Orlando, Tampa, Houston, College Station, and Dallas among others. American Momentum Bank has
an above average
approval rate for mortages when compared nationally.
They have
a below average
pick rate when compared to the same sample of other lendors.
American Momentum Bank is typically
an average fee
lendor.
Originations
632
Origination Dollar Volume (All Markets)
$412,460,000
Employee count
346
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American Momentum Bank - 2021
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Relative Rate
American Momentum Bank's average 30 year fixed rate mortgage of loans were
3.08%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of -0.07%.
Relative Fees
American Momentum Bank's average total fees for a 30 year fixed rate
mortgage are $4,926.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| Market |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
|
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA)
|
66
|
$96,950,000 |
$1,468,939 |
$8,258 |
3.08% |
|
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA)
|
203
|
$74,365,000 |
$366,330 |
$5,427 |
3.05% |
|
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA)
|
15
|
$60,745,000 |
$4,049,667 |
$5,102 |
2.95% |
|
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA)
|
181
|
$60,275,000 |
$333,011 |
$4,758 |
3.00% |
|
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA)
|
10
|
$27,790,000 |
$2,779,000 |
$4,610 |
3.16% |
|
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA)
|
46
|
$23,690,000 |
$515,000 |
$6,393 |
2.99% |
|
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA)
|
15
|
$21,715,000 |
$1,447,667 |
$8,686 |
2.99% |
|
JACKSONVILLE, FL (FHA|USDA|VA)
|
2
|
$19,330,000 |
$9,665,000 |
$4,612 |
2.94% |
|
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA)
|
13
|
$5,725,000 |
$440,385 |
$5,598 |
2.86% |
|
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA)
|
16
|
$3,930,000 |
$245,625 |
$4,803 |
3.04% |
|
Outside of Metro Areas
|
17 |
$3,195,000 |
$187,941 |
$3,846 |
3.73% |
|
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA)
|
2
|
$1,790,000 |
$895,000 |
$9,277 |
3.00% |
|
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA)
|
6
|
$1,750,000 |
$291,667 |
$5,650 |
3.40% |
|
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA)
|
5
|
$1,185,000 |
$237,000 |
$4,185 |
3.05% |
|
AMARILLO, TX (FHA|USDA|VA)
|
5
|
$1,165,000 |
$233,000 |
$3,975 |
2.78% |
|
LUBBOCK, TX (FHA|USDA|VA)
|
2
|
$1,140,000 |
$570,000 |
$9,103 |
4.06% |
|
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA)
|
3
|
$975,000 |
$325,000 |
$4,889 |
2.92% |
|
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA)
|
3
|
$935,000 |
$311,667 |
$4,700 |
3.08% |
|
Sebastian-Vero Beach, FL (FHA|USDA|VA)
|
1
|
$755,000 |
$755,000 |
$10,192 |
2.50% |
|
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA)
|
2
|
$670,000 |
$335,000 |
$3,030 |
3.75% |
|
MIDLAND, TX (FHA|USDA|VA)
|
3
|
$655,000 |
$218,333 |
$3,331 |
3.92% |
|
CORPUS CHRISTI, TX (FHA|USDA|VA)
|
2
|
$530,000 |
$265,000 |
$6,210 |
3.00% |
|
PANAMA CITY, FL (FHA|USDA|VA)
|
1
|
$515,000 |
$515,000 |
$5,775 |
2.13% |
|
WACO, TX (FHA|USDA|VA)
|
1
|
$475,000 |
$475,000 |
$5,842 |
2.88% |
|
KILLEEN-TEMPLE, TX (FHA|USDA|VA)
|
1
|
$375,000 |
$375,000 |
$4,030 |
2.88% |
|
Andrews, TX (FHA|USDA|VA)
|
3
|
$355,000 |
$118,333 |
$4,272 |
4.79% |
|
PUNTA GORDA, FL (FHA|USDA|VA)
|
1
|
$295,000 |
$295,000 |
$4,218 |
2.63% |
|
ODESSA, TX (FHA|USDA|VA)
|
2
|
$250,000 |
$125,000 |
$5,678 |
3.00% |
|
Pampa, TX (FHA|USDA|VA)
|
1
|
$245,000 |
$245,000 |
$4,078 |
3.13% |
|
PORT ST. LUCIE, FL (FHA|USDA|VA)
|
1
|
$225,000 |
$225,000 |
$6,787 |
3.00% |
|
Stephenville, TX (FHA|USDA|VA)
|
1
|
$215,000 |
$215,000 |
$4,002 |
2.50% |
|
TYLER, TX (FHA|USDA|VA)
|
1
|
$155,000 |
$155,000 |
$2,520 |
2.00% |
|
Huntsville, TX (FHA|USDA|VA)
|
1
|
$95,000 |
$95,000 |
$0 |
2.88% |
American Momentum Bank's top markets include Orlando, Tampa, Houston, College Station, and Dallas among others.
Product Mix
| Loan Type |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| Conventional |
624 |
$410,170,000 |
$657,324 |
$5,628 |
3.05% |
| FHA |
4 |
$930,000 |
$232,500 |
$8,529 |
3.72% |
| VA |
4 |
$1,360,000 |
$340,000 |
$5,956 |
2.63% |
For the 2021 period, American Momentum Bank's most frequently
originated loan type
of loans were Conventional, with 624 originations.
Their 2nd most popular type is FHA,
with 4 originations.
Loan Reason
| Loan Reason |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| Home Purchase |
431 |
$254,085,000 |
$589,524 |
$6,555 |
3.08% |
| Refi |
127 |
$46,485,000 |
$366,024 |
$3,674 |
2.86% |
| Cash Out Refi |
53 |
$107,395,000 |
$2,026,321 |
$4,791 |
3.04% |
| Other |
17 |
$4,195,000 |
$246,765 |
$3,103 |
3.59% |
| Home Improvement |
4 |
$300,000 |
$75,000 |
$359 |
4.29% |
For the 2021, American Momentum Bank's most frequently cited loan
purpose
of loans were Home Purchase, with 431
originations.
The 2nd most popular reason of loans were Refi,
with 127 originations.
Loan Duration/Length
| Loan Length |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| 30 Year |
462 |
$160,050,000 |
$346,429 |
$4,926 |
3.08% |
| 30+ year |
89 |
$90,735,000 |
$1,019,494 |
$10,340 |
2.97% |
| 15 Year |
46 |
$11,370,000 |
$247,174 |
$3,559 |
2.38% |
| 10 Year |
14 |
$2,950,000 |
$210,714 |
$1,209 |
4.17% |
| 20 Year |
8 |
$2,470,000 |
$308,750 |
$4,682 |
2.83% |
| 5 Year |
7 |
$53,225,000 |
$7,603,571 |
$329 |
3.71% |
| 3 Year |
3 |
$44,145,000 |
$14,715,000 |
$0 |
4.58% |
| Other |
3 |
$47,515,000 |
$15,838,333 |
$0 |
4.13% |
For the 2021, American Momentum Bank's most frequently cited loan
length
of loans were 30 Year, with 462 originations.
The 2nd most popular length of loans were 30+ year,
with 89 originations.
Origination Fees
| Origination Fee |
Originations |
Total Value |
Average Loan |
| $1k-2k |
427 |
$212,485,000 |
$497,623 |
| $<1k |
60 |
$11,470,000 |
$191,167 |
| $2k-3k |
14 |
$7,550,000 |
$539,286 |
| $3k-4k |
11 |
$5,285,000 |
$480,455 |
| $5k+ |
10 |
$9,440,000 |
$944,000 |
$4,926 of loans were American Momentum Bank's
average total fees, while their most
frequently occuring range of origination fees were in the
$1k-2k bucket,
with 427 originations.
Interest Rates
| Loan Rate |
Originations |
Total Value |
Average Loan |
| 2.5-3% |
278 |
$152,980,000 |
$550,288 |
| 3-4% |
213 |
$218,715,000 |
$1,026,831 |
| <2.5% |
107 |
$36,025,000 |
$336,682 |
| 4-5% |
28 |
$4,140,000 |
$147,857 |
| 5-6% |
5 |
$475,000 |
$95,000 |
| 6-7% |
1 |
$125,000 |
$125,000 |
During 2021, American Momentum Bank's average interest
rate of loans were 3.08%, while their
most frequently originated rate bucket of loans were 2.5-3%,
with 278 originations.
Loan Sizing
| Loan Size |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| $200k-400k |
230 |
$66,190,000 |
$287,783 |
$4,431 |
2.99% |
| $100k-200k |
130 |
$19,470,000 |
$149,769 |
$2,985 |
3.16% |
| $400k-600k |
122 |
$60,390,000 |
$495,000 |
$6,130 |
2.91% |
| $600k-1MM |
69 |
$53,405,000 |
$773,986 |
$9,428 |
2.98% |
| $1MM+ |
41 |
$210,195,000 |
$5,126,707 |
$13,119 |
2.96% |
| $100,000 or less |
40 |
$2,810,000 |
$70,250 |
$1,234 |
3.76% |
2021 saw American Momentum Bank place emphasis on
$200k-400k loans
with 230 originations, totaling
$66,190,000 in origination value.
Applicant Income
| Applicant Income |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| $250k+ |
208 |
$147,920,000 |
$711,154 |
$7,629 |
3.04% |
| $150k-250k |
157 |
$55,645,000 |
$354,427 |
$5,113 |
3.13% |
| $100k-150k |
108 |
$31,920,000 |
$295,556 |
$4,834 |
2.98% |
| $50k-75k |
65 |
$12,925,000 |
$198,846 |
$3,879 |
2.96% |
| $75k-100k |
53 |
$13,035,000 |
$245,943 |
$4,412 |
3.00% |
| $50k or less |
23 |
$3,755,000 |
$163,261 |
$3,223 |
2.96% |
American Momentum Bank lent most frequently to those with incomes in the
$250k+ range, with
208 originations.
The second most popular income band? $150k-250k,
with 157 originations.
Applicant Debt to Income Ratio
| DTI Ratio |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| 20-30% |
156 |
$64,740,000 |
$415,000 |
$5,650 |
3.00% |
| 30-36% |
117 |
$42,985,000 |
$367,393 |
$5,242 |
3.15% |
| <20% |
81 |
$41,635,000 |
$514,012 |
$5,684 |
2.79% |
| 42% |
33 |
$18,205,000 |
$551,667 |
$6,757 |
3.08% |
| 39% |
24 |
$10,900,000 |
$454,167 |
$5,678 |
3.11% |
| 37% |
22 |
$11,000,000 |
$500,000 |
$5,541 |
3.14% |
| 38% |
21 |
$9,675,000 |
$460,714 |
$6,104 |
3.05% |
| 45% |
21 |
$6,195,000 |
$295,000 |
$4,295 |
3.10% |
| 41% |
19 |
$8,575,000 |
$451,316 |
$6,772 |
2.82% |
| 36% |
19 |
$16,895,000 |
$889,211 |
$8,042 |
2.97% |
| 44% |
18 |
$4,770,000 |
$265,000 |
$3,566 |
3.40% |
| 43% |
16 |
$4,920,000 |
$307,500 |
$4,708 |
2.99% |
| 40% |
16 |
$7,520,000 |
$470,000 |
$6,136 |
3.14% |
| 48% |
16 |
$5,500,000 |
$343,750 |
$5,149 |
2.83% |
| 49% |
12 |
$3,410,000 |
$284,167 |
$5,339 |
3.05% |
| 47% |
11 |
$3,535,000 |
$321,364 |
$5,488 |
2.77% |
| 46% |
7 |
$3,765,000 |
$537,857 |
$6,798 |
2.98% |
| 50-60% |
3 |
$695,000 |
$231,667 |
$4,367 |
2.88% |
| >60% |
2 |
$660,000 |
$330,000 |
$7,679 |
2.94% |
American Momentum Bank lent most frequently to those with DTI ratios
of 20-30%, with
156 originations.
The next most common DTI ratio? 30-36%,
with 117 originations.
Ethnicity Mix
| Applicant Ethnicity |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| White |
417 |
$183,795,000 |
$440,755 |
$5,633 |
3.03% |
| Not applicable |
13 |
$146,185,000 |
$11,245,000 |
$0 |
3.99% |
| Not provided |
147 |
$61,165,000 |
$416,088 |
$5,584 |
3.03% |
| Asian |
28 |
$11,910,000 |
$425,357 |
$6,886 |
2.97% |
| Black |
22 |
$7,790,000 |
$354,091 |
$5,079 |
3.18% |
| Asian Indian |
3 |
$1,275,000 |
$425,000 |
$6,245 |
2.88% |
| American Indian |
1 |
$195,000 |
$195,000 |
$3,904 |
2.75% |
| Filipino |
1 |
$145,000 |
$145,000 |
$0 |
3.38% |
Approval Rates
Total approvals of all applications
91.58%
American Momentum Bank has an average approval rate.
Pick Rate
Approvals leading to origination
75.95%
American Momentum Bank has a below average pick rate.
Points and Fees
| Points |
Originations |
Total Value |
Average Loan |
| NA |
632 |
$412,460,000 |
$652,627 |
Occupancy Type Mix
| Dwelling Type |
Originations |
Total Value |
Average Loan |
|
632 |
$412,460,000 |
$652,627 |
LTV Distribution
| Loan to Value |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| 20-40% |
31 |
$8,495,000 |
$274,032 |
$3,754 |
2.93% |
| 40-60% |
70 |
$74,200,000 |
$1,060,000 |
$5,431 |
2.81% |
| 60-80% |
274 |
$218,270,000 |
$796,606 |
$5,791 |
3.09% |
| 80-100% |
231 |
$108,795,000 |
$470,974 |
$6,402 |
2.99% |
| Under 20% |
26 |
$2,700,000 |
$103,846 |
$761 |
4.13% |
Complaints
| Bank Name |
Product |
Issue |
2021 CPFB Complaints |
% of Total Issues |
| AMERICAN BANCSHARES MORTGAGE, LLC |
Conventional home mortgage |
Closing on a mortgage |
1 |
100.0% |
Bank Details
Branches
| Bank Name |
Branch |
Branch Type |
Deposits (000's) |
| American Momentum Bank |
307 South Main Street Monahans, TX 79756 |
Full Service B&M
|
$83,624 |
| American Momentum Bank |
100 East Hondo Street Devine, TX 78016 |
Full Service B&M
|
$66,903 |
| American Momentum Bank |
1001 Burleson Mc Camey, TX 79752 |
Full Service B&M
|
$43,689 |
| American Momentum Bank |
1001 South Fort Harrison Avenue, Suite 100 Clearwater, FL 33756 |
Full Service B&M
|
$26,359 |
| American Momentum Bank |
1119 E. Villa Maria Road Bryan, TX 77802 |
Full Service B&M
|
$22,014 |
| American Momentum Bank |
15150 North Florida Avenue Tampa, FL 33613 |
Full Service B&M
|
$37,699 |
| American Momentum Bank |
200 South Main Street Andrews, TX 79714 |
Full Service B&M
|
$92,648 |
| American Momentum Bank |
211 South Gaston Crane, TX 79731 |
Full Service B&M
|
$39,125 |
| American Momentum Bank |
2525 North Grandview Odessa, TX 79761 |
Full Service B&M
|
$80,018 |
| American Momentum Bank |
2526 N. Loop 1604 W. San Antonio, TX 78248 |
Full Service B&M
|
$87,768 |
| American Momentum Bank |
2752 North County Road West Odessa, TX 79764 |
Full Service B&M
|
$52,262 |
| American Momentum Bank |
5540 Fruitville Road Sarasota, FL 34232 |
Full Service B&M
|
$38,663 |
| American Momentum Bank |
5858 Central Avenue Saint Petersburg, FL 33707 |
Full Service B&M
|
$20,009 |
| American Momentum Bank |
600 N Marienfeld Street, Suite 200 Midland, TX 79701 |
Full Service B&M
|
$227,155 |
| American Momentum Bank |
600 N. Marienfeld, 1st Floor Midland, TX 79701 |
Full Service Cyber Office
|
$0 |
| American Momentum Bank |
6533 82nd Street Lubbock, TX 79423 |
Full Service B&M
|
$31,937 |
| American Momentum Bank |
8625 Tamiami Trail North Naples, FL 34108 |
Full Service B&M
|
$175,438 |
| American Momentum Bank |
One Momentum Boulevard College Station, TX 77845 |
Full Service B&M
|
$357,162 |
| American Momentum Bank |
3155 Daniels Road, 3155 Winter Garden, FL 34787 |
Full Service B&M
|
$10,902 |
| American Momentum Bank |
3939 Mcintosh Road Sarasota, FL 34233 |
Full Service B&M
|
$33,322 |
| American Momentum Bank |
4030 Highway 6 South College Station, TX 77845 |
Full Service B&M
|
$45,217 |
| American Momentum Bank |
4040 E. 42nd St Odessa, TX 79762 |
Full Service B&M
|
$27,285 |
| American Momentum Bank |
405 W. 2nd Street Big Lake, TX 76932 |
Full Service B&M
|
$76,692 |
| American Momentum Bank |
4100 Billy Hext Road Odessa, TX 79762 |
Full Service B&M
|
$200,528 |
| American Momentum Bank |
4830 W Kennedy Blvd Tampa, FL 33609 |
Full Service B&M
|
$174,973 |
| American Momentum Bank |
500 South Washington Boulevard Sarasota, FL 34236 |
Full Service B&M
|
$29,479 |
| American Momentum Bank |
505 North Main Street Seminole, TX 79360 |
Full Service B&M
|
$29,167 |
| American Momentum Bank |
5201 Bahia Vista Sarasota, FL 34232 |
Limited, Mobile/Seasonal Office
|
$6,555 |
| American Momentum Bank |
5237 Summerlin Commons Blvd Fort Myers, FL 33907 |
Limited, Administrative
|
$0 |
| American Momentum Bank |
5312 West Wadley Avenue Midland, TX 79707 |
Full Service B&M
|
$125,645 |
For 2021, American Momentum Bank had 30 branches.
Yearly Performance Overview
Bank Income
American Momentum Bank's gross interest income from loans was $92,099,000.
American Momentum Bank's net interest income from loans was $89,770,000.
American Momentum Bank's fee based income from loans was $5,463,000.
American Momentum Bank's net income from loans was $31,864,000.
Bank Expenses
| Item |
Value (in 000's) |
| Total interest expense |
$2,329 |
| Provision for credit losses |
$-551 |
| Total noninterest expense |
$64,372 |
| Salaries and employee benefits |
$35,704 |
| Premises and equipment expense |
$9,034 |
| Additional noninterest expense |
$19,634 |
| Applicable income taxes |
$9,673 |
| Net charge-offs |
$-90 |
| Cash dividends |
$446 |
American Momentum Bank's interest expense for loans was $2,329,000.
American Momentum Bank's payroll and benefits expense were $35,704,000.
American Momentum Bank's property, plant and equipment expenses $9,034,000.
Deposits
| Type |
Value (in 000's) |
| Total deposits |
$2,342,341 |
| Deposits held in domestic offices |
$2,342,341 |
| Deposits by Individuals, partnerships, and corporations |
$2,280,859 |
| Deposits by U.S. Government |
$0 |
| Deposits by States and political subdivisions in the U.S. |
$61,251 |
| Deposits by Commercial banks and other depository institutions in U.S. |
$231 |
| Deposits by Banks in foreign countries |
$0 |
| Deposits by Foreign governments and official institutions |
$0 |
| Transaction accounts |
$1,284,053 |
| Demand deposits |
$1,070,656 |
| Nontransaction accounts |
$1,058,288 |
| Money market deposit accounts (MMDAs) |
$728,954 |
| Other savings deposits (excluding MMDAs) |
$150,433 |
| Total time deposits |
$178,901 |
| Total time and savings deposits |
$1,271,685 |
| Noninterest-bearing deposits |
$1,070,656 |
| Interest-bearing deposits |
$1,271,685 |
| Retail deposits |
$2,259,840 |
| IRAs and Keogh plan accounts |
$15,865 |
| Brokered deposits |
$0 |
| Deposits held in foreign offices |
$0 |
Assets
| Asset |
Value (in 000's) |
| Total Assets |
$2,777,617 |
| Cash & Balances due from depository institutions |
$604,153 |
| Interest-bearing balances |
$562,966 |
| Total securities |
$149,117 |
| Federal funds sold & reverse repurchase |
$0 |
| Net loans and leases |
$1,787,452 |
| Loan and leases loss allowance |
$17,560 |
| Trading account assets |
$0 |
| Bank premises and fixed assets |
$36,426 |
| Other real estate owned |
$26,779 |
| Goodwill and other intangibles |
$126,478 |
| All other assets |
$47,212 |
Liabilities
| Liabilities |
Value (in 000's) |
| Total liabilities and capital |
$2,777,617 |
| Total Liabilities |
$2,355,765 |
| Total deposits |
$2,342,341 |
| Interest-bearing deposits |
$1,271,685 |
| Deposits held in domestic offices |
$2,342,341 |
| % insured (estimated) |
$54 |
| Federal funds purchased and repurchase agreements |
$0 |
| Trading liabilities |
$0 |
| Other borrowed funds |
$0 |
| Subordinated debt |
$0 |
| All other liabilities |
$13,424 |
Issued Loan Types
| Type |
Value (in 000's) |
| Net loans and leases |
$1,787,452 |
| Loan and leases loss allowance |
$17,560 |
| Total loans and leases (domestic) |
$1,805,012 |
| All real estate loans |
$1,333,604 |
| Real estate loans in domestic offices |
$1,333,604 |
| Construction and development loans |
$295,697 |
| Residential 1-4 family construction |
$101,216 |
| Other construction, all land development and other land |
$194,481 |
| Loans secured by nonfarm nonresidential properties |
$619,139 |
| Nonfarm nonresidential secured by owner-occupied properties |
$223,414 |
| Commercial real estate & other non-farm, non-residential |
$395,725 |
| Multifamily residential real estate |
$166,215 |
| 1-4 family residential loans |
$239,372 |
| Farmland loans |
$13,181 |
| Loans held in foreign offices |
$0 |
| Farm loans |
$3,441 |
| Commercial and industrial loans |
$463,875 |
| To non-U.S. addressees |
$0 |
| Loans to individuals |
$4,092 |
| Credit card loans |
$0 |
| Related Plans |
$622 |
| Consumer Auto Loans |
$743 |
| Other loans to individuals |
$2,727 |
| All other loans & leases |
$0 |
| Loans to foreign governments and official institutions |
$0 |
| Other loans |
$0 |
| Loans to depository institutions and acceptances of other banks |
$0 |
| Loans not secured by real estate |
$162 |
| Loans secured by real estate to non-U.S. addressees |
$0 |
| Restructured Loans & leases |
$388 |
| Non 1-4 family restructured loans & leases |
$388 |
| Total loans and leases (foreign) |
$0 |
American Momentum Bank had $1,787,452,000 of loans outstanding in 2021. $1,333,604,000 of loans were in real estate loans.
$295,697,000 of loans were in development loans. $166,215,000 of loans were in multifamily mortgage loans.
$239,372,000 of loans were in 1-4 family mortgage loans. $3,441,000 of loans were in farm loans. $0
of loans were in credit card loans. $743,000 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 |
538 |
$137,169 |
$254,961 |
| Nonfarm, nonresidential loans - <$100k |
159 |
$8,029 |
$50,497 |
| Nonfarm, nonresidential loans - $100-250k |
173 |
$28,581 |
$165,208 |
| Nonfarm, nonresidential loans - $250k-1MM |
206 |
$100,559 |
$488,150 |
| Commercial & Industrial, US addressed loans - <$1MM |
1,274 |
$161,275 |
$126,589 |
| Commercial & Industrial, US addressed loans - <$100k |
838 |
$27,145 |
$32,393 |
| Commercial & Industrial, US addressed loans - $100-250k |
242 |
$41,193 |
$170,219 |
| Commercial & Industrial, US addressed loans - $250k-1MM |
194 |
$92,937 |
$479,057 |
| Farmland loans - <$1MM |
32 |
$4,098 |
$128,063 |
| Farmland loans - <$100k |
18 |
$830 |
$46,111 |
| Farmland loans - $100-250k |
10 |
$1,927 |
$192,700 |
| Farmland loans - $250k-1MM |
4 |
$1,341 |
$335,250 |
| Agriculture operations loans - <$1MM |
35 |
$2,045 |
$58,429 |
| Agriculture operations loans - <$100k |
29 |
$978 |
$33,724 |
| Agriculture operations loans - $100-250k |
5 |
$767 |
$153,400 |
| Agriculture operations loans - $250k-1MM |
1 |
$300 |
$300,000 |
