American Momentum Bank Mortgage Rates, Fees & Info

College Station, TX

LEI: 549300IJB00VM6H8PP97

Tax ID: 16-1764661

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
  • Complaints
  • 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

    American Momentum Bank is a smaller bank specializing in Home Purchase and 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 by origination volume include: Tampa, College Station, Orlando, Cape Coral, and Houston among others. We have data for 34 markets. (Some data included below & more in-depth data is available with an active subscription.)

    American Momentum 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. American Momentum 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
    30 Year Conventional Purchase 6.50% 4/21/24
    30 Year Conventional Refi 6.55% 4/21/24
    30 Year Cash-out Refi 6.42% 4/21/24
    30 Year FHA Purchase 7.69% 4/21/24
    30 Year VA Purchase 5.99% 4/21/24
    15 Year Conventional Purchase 6.09% 4/21/24
    15 Year Conventional Refi 5.73% 4/21/24
    15 Year Cash-out Refi 5.73% 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.

    American Momentum Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from American Momentum 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

    768

    Origination Dollar Volume (All Markets)

    $277,210,000

    Employee count

    367 Show all (7) 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
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 257 $75,845,000 $295,117 $4,446 3.23%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 227 $69,515,000 $306,233 $3,742 3.05%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 48 $48,610,000 $1,012,708 $7,583 3.25%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 58 $25,470,000 $439,138 $4,656 3.18%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 37 $12,195,000 $329,595 $4,209 3.02%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 14 $11,730,000 $837,857 $7,435 3.26%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 20 $6,270,000 $313,500 $3,885 3.28%
    MIDLAND, TX (FHA|USDA|VA) 10 $3,520,000 $352,000 $4,618 3.60%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 12 $3,190,000 $265,833 $3,778 2.92%
    Outside of Metro Areas 10 $2,540,000 $254,000 $4,554 2.85%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 9 $2,475,000 $275,000 $3,260 3.13%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 7 $2,165,000 $309,286 $4,570 3.09%
    ODESSA, TX (FHA|USDA|VA) 10 $2,120,000 $212,000 $4,054 3.33%
    LUBBOCK, TX (FHA|USDA|VA) 11 $1,985,000 $180,455 $3,821 3.92%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 3 $1,435,000 $478,333 $4,910 3.29%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 5 $1,365,000 $273,000 $4,635 3.28%
    WACO, TX (FHA|USDA|VA) 4 $1,020,000 $255,000 $3,698 2.69%
    AMARILLO, TX (FHA|USDA|VA) 4 $740,000 $185,000 $3,805 2.88%
    Lamesa, TX (FHA|USDA|VA) 4 $690,000 $172,500 $6,219 3.41%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $625,000 $625,000 $9,501 4.13%
    Gainesville, TX (FHA|USDA|VA) 1 $515,000 $515,000 $4,956 3.00%
    JACKSONVILLE, FL (FHA|USDA|VA) 2 $460,000 $230,000 $4,246 2.38%
    Brownwood, TX (FHA|USDA|VA) 1 $445,000 $445,000 $5,378 2.75%
    Pampa, TX (FHA|USDA|VA) 2 $300,000 $150,000 $3,229 2.88%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $295,000 $295,000 $3,189 3.13%
    Granbury, TX (FHA|USDA|VA) 1 $295,000 $295,000 $2,796 2.50%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $255,000 $255,000 $6,750 4.13%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $235,000 $235,000 $0 3.88%
    Rockport, TX (FHA|USDA|VA) 1 $225,000 $225,000 $4,014 2.63%
    Lufkin, TX (FHA|USDA|VA) 1 $185,000 $185,000 $2,372 2.50%
    Andrews, TX (FHA|USDA|VA) 2 $170,000 $85,000 $3,350 4.94%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $145,000 $145,000 $2,379 3.38%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $115,000 $115,000 $3,191 2.63%
    VICTORIA, TX (FHA|USDA|VA) 1 $65,000 $65,000 $3,268 3.88%
    American Momentum Bank's top markets include Tampa, College Station, Orlando, Cape Coral, and Houston among others.

    Their top states include:
  • Florida (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)

    • Similar Lenders

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

    METROPLEX MORTGAGE SERVICES, INC.
    Similarity Rank: 372
    AAXY L.L.C.
    Similarity Rank: 522
    THE MONEY HOUSE INC.
    Similarity Rank: 946
    U S WIDE FINANCIAL LLC
    Similarity Rank: 1140
    SMART CHOICE MORTGAGE, A TEXAS LIMITED LIABILITY C
    Similarity Rank: 1140
    SAN ANTONIO CITIZENS
    Similarity Rank: 1170
    WESTSTAR MORTGAGE CORPORATION
    Similarity Rank: 1265
    CADENCE LENDING GROUP, INC.
    Similarity Rank: 1480
    CAPITAL PLUS FINANCIAL, LLC
    Similarity Rank: 1508
    ADVISA MORTGAGE SERVICES, LTD.
    Similarity Rank: 1524

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 748 $271,560,000 $363,048 $4,338 3.17%
    FHA 10 $1,850,000 $185,000 $6,892 3.06%
    VA 10 $3,800,000 $380,000 $10,657 3.06%

    For 2020, American Momentum Bank's most frequently originated type of loan was Conventional, with 748 originations. Their 2nd most popular type was FHA, with 10 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 421 $161,725,000 $384,145 $5,208 3.28%
    Refi 285 $89,275,000 $313,246 $3,426 2.99%
    Cash Out Refi 49 $22,175,000 $452,551 $4,717 3.16%
    Other 8 $3,400,000 $425,000 $5,427 3.09%
    Home Improvement 5 $635,000 $127,000 $2,072 4.45%

    For 2020, American Momentum Bank's most frequently cited loan purpose was Home Purchase, with 421 originations. The 2nd most popular reason was Refi, with 285 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 568 $186,740,000 $328,768 $4,210 3.22%
    15 Year 114 $31,870,000 $279,561 $3,790 2.64%
    30+ year 49 $45,755,000 $933,776 $9,499 3.50%
    20 Year 12 $3,080,000 $256,667 $3,456 3.27%
    10 Year 11 $3,965,000 $360,455 $2,145 3.76%
    5 Year 9 $4,595,000 $510,556 $2,002 4.15%
    Other 5 $1,205,000 $241,000 $2,621 3.05%

    For 2020, American Momentum Bank's most frequently cited loan duration was 30 Year, with 568 originations. The 2nd most popular length was 15 Year, with 114 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 545 $221,415,000 $406,266
    $<1k 110 $23,840,000 $216,727
    $2k-3k 23 $7,925,000 $344,565
    $3k-4k 6 $1,890,000 $315,000
    $4k-5k 3 $1,205,000 $401,667
    $5k+ 2 $1,070,000 $535,000

    American Momentum Bank's average total fees were $4,210, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 545 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 294 $119,230,000 $405,544
    2.5-3% 256 $96,090,000 $375,352
    <2.5% 136 $39,750,000 $292,279
    4-5% 69 $19,955,000 $289,203
    5-6% 9 $1,345,000 $149,444
    6-7% 4 $840,000 $210,000

    During 2020, American Momentum Bank's average interest rate for loans was 3.22%, while their most frequently originated rate bucket for loans was 3-4%, with 294 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 324 $93,280,000 $287,901 $4,058 3.06%
    $100k-200k 184 $28,510,000 $154,946 $3,106 3.24%
    $400k-600k 158 $75,000,000 $474,684 $5,283 3.04%
    $100,000 or less 47 $3,145,000 $66,915 $1,823 3.70%
    $1MM+ 28 $56,970,000 $2,034,643 $11,917 3.35%
    $600k-1MM 27 $20,305,000 $752,037 $8,510 3.70%

    2020 saw American Momentum Bank place emphasis on $200k-400k loans with 324 originations, totaling $93,280,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 186 $118,110,000 $635,000 $5,692 3.28%
    $150k-250k 179 $58,415,000 $326,341 $4,367 3.24%
    $100k-150k 164 $46,670,000 $284,573 $4,209 3.13%
    $75k-100k 90 $21,890,000 $243,222 $4,075 2.96%
    $50k-75k 84 $16,200,000 $192,857 $3,776 3.05%
    $50k or less 37 $4,985,000 $134,730 $3,350 3.17%

    American Momentum Bank lent most frequently to those with incomes in the $250k+ range, with 186 originations. The second most popular income band? $150k-250k, with 179 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 196 $65,160,000 $332,449 $4,131 3.10%
    30-36% 141 $47,715,000 $338,404 $4,483 3.09%
    <20% 93 $37,575,000 $404,032 $4,323 3.04%
    37% 35 $11,585,000 $331,000 $4,279 3.46%
    39% 29 $11,915,000 $410,862 $5,361 3.21%
    36% 28 $11,040,000 $394,286 $4,442 3.30%
    42% 27 $11,255,000 $416,852 $5,991 3.43%
    40% 27 $15,395,000 $570,185 $5,594 3.16%
    41% 24 $8,220,000 $342,500 $4,413 3.47%
    44% 23 $5,125,000 $222,826 $4,077 3.09%
    48% 21 $5,615,000 $267,381 $4,058 2.99%
    46% 19 $5,795,000 $305,000 $4,459 3.13%
    43% 19 $7,505,000 $395,000 $4,909 3.25%
    47% 18 $7,820,000 $434,444 $5,264 3.16%
    38% 18 $7,580,000 $421,111 $4,550 3.32%
    45% 17 $4,565,000 $268,529 $3,467 3.13%
    49% 16 $4,730,000 $295,625 $3,801 3.16%
    50-60% 3 $945,000 $315,000 $5,920 2.83%
    >60% 2 $790,000 $395,000 $6,815 4.50%

    American Momentum Bank lent most frequently to those with DTI ratios of 20-30%, with 196 originations. The next most common DTI ratio? 30-36%, with 141 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 597 $207,245,000 $347,144 $4,416 3.16%
    Not provided 105 $44,035,000 $419,381 $4,360 3.12%
    Asian 36 $13,710,000 $380,833 $4,915 3.15%
    Not applicable 10 $6,270,000 $627,000 $0 3.79%
    Black 17 $5,365,000 $315,588 $6,221 3.54%
    Asian Indian 2 $400,000 $200,000 $4,729 3.63%
    Native Hawaiian or Islander 1 $185,000 $185,000 $2,336 3.00%

    Approval Rates

    Total approvals of all applications
    93.59%

    American Momentum Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.99%

    American Momentum Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 768 $277,210,000 $360,951

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 2 $3,360,000 $1,680,000
    Single Family (1-4 Units):Site-Built 766 $273,850,000 $357,507

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 62 $17,680,000 $285,161 $2,863 3.43%
    40-60% 127 $54,755,000 $431,142 $4,588 2.91%
    60-80% 339 $134,045,000 $395,413 $4,675 3.13%
    80-100% 208 $65,840,000 $316,538 $4,837 3.19%
    Over 100% 4 $1,370,000 $342,500 $15,647 3.00%
    Under 20% 28 $3,520,000 $125,714 $981 4.06%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    AMERICAN BANCSHARES MORTGAGE, LLC FHA mortgage Closing on a mortgage 1 50.0%
    AMERICAN BANCSHARES MORTGAGE, LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    American Momentum Bank 100 East Hondo Street Devine, TX 78016 Full Service B&M $57,981
    American Momentum Bank 1001 Burleson Mc Camey, TX 79752 Full Service B&M $52,728
    American Momentum Bank 1001 South Fort Harrison Avenue, Suite 100 Clearwater, FL 33756 Full Service B&M $15,037
    American Momentum Bank 1119 E. Villa Maria Road Bryan, TX 77802 Full Service B&M $26,962
    American Momentum Bank 15150 North Florida Avenue Tampa, FL 33613 Full Service B&M $31,744
    American Momentum Bank 200 South Main Street Andrews, TX 79714 Full Service B&M $128,083
    American Momentum Bank 201 South Orange Orlando, FL 32801 Full Service B&M $53,960
    American Momentum Bank 211 South Gaston Crane, TX 79731 Full Service B&M $45,592
    American Momentum Bank 2525 North Grandview Odessa, TX 79761 Full Service B&M $104,684
    American Momentum Bank 2526 N. Loop 1604 W. San Antonio, TX 78248 Full Service B&M $50,246
    American Momentum Bank 2752 North County Road West Odessa, TX 79764 Full Service B&M $19,082
    American Momentum Bank 3018 Kermit Hwy Odessa, TX 79764 Full Service B&M $44,253
    American Momentum Bank 307 South Main Street Monahans, TX 79756 Full Service B&M $114,048
    American Momentum Bank 3155 Daniels Road, 3155 Winter Garden, FL 34787 Full Service B&M $7,033
    American Momentum Bank 3939 Mcintosh Road Sarasota, FL 34233 Full Service B&M $35,009
    American Momentum Bank 4030 Highway 6 South College Station, TX 77845 Full Service B&M $42,577
    American Momentum Bank 4040 E. 42nd St Odessa, TX 79762 Full Service B&M $27,822
    American Momentum Bank 405 W. 2nd Street Big Lake, TX 76932 Full Service B&M $86,059
    American Momentum Bank 407 N. Big Spring Midland, TX 79701 Full Service B&M $108,715
    American Momentum Bank 4100 Billy Hext Road Odessa, TX 79762 Full Service B&M $256,306
    American Momentum Bank 4409 W. Wadley Ave. Midland, TX 79707 Full Service B&M $81,459
    American Momentum Bank 4830 W Kennedy Blvd Tampa, FL 33609 Full Service B&M $132,561
    American Momentum Bank 500 South Washington Boulevard Sarasota, FL 34236 Full Service B&M $24,990
    American Momentum Bank 505 North Main Street Seminole, TX 79360 Full Service B&M $41,602
    American Momentum Bank 5201 Bahia Vista Sarasota, FL 34232 Limited, Mobile/Seasonal Office $6,292
    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 $84,567
    American Momentum Bank 5540 Fruitville Road Sarasota, FL 34232 Full Service B&M $26,889
    American Momentum Bank 5858 Central Avenue Saint Petersburg, FL 33707 Full Service B&M $17,098
    American Momentum Bank 600 N Marienfeld Street, Suite 200 Midland, TX 79701 Full Service B&M $146,454
    American Momentum Bank 600 N. Marienfeld, 1st Floor Midland, TX 79701 Full Service Cyber Office $2,099
    American Momentum Bank 6533 82nd Street Lubbock, TX 79423 Full Service B&M $38,964
    American Momentum Bank 8625 Tamiami Trail North Naples, FL 34108 Full Service B&M $181,526
    American Momentum Bank One Momentum Boulevard College Station, TX 77845 Full Service B&M $335,853

    For 2020, American Momentum Bank had 34 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $96,759
    Net interest income $90,623
    Total noninterest income $15,052
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $2,991
    Trading account gains and fees $0
    Additional Noninterest Income $12,061
    Pre-tax net operating income $27,562
    Securities gains (or losses, -) $98
    Income before extraordinary items $20,982
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $20,982
    Minority interest net income $0
    Net income $20,982
    Sale, conversion, retirement of capital stock, net $97,160
    Net operating income $20,904

    American Momentum Bank's gross interest income from loans was $96,759,000.
    American Momentum Bank's net interest income from loans was $90,623,000.
    American Momentum Bank's fee based income from loans was $2,991,000.
    American Momentum Bank's net income from loans was $20,982,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $6,136
    Provision for credit losses $8,275
    Total noninterest expense $69,838
    Salaries and employee benefits $37,091
    Premises and equipment expense $9,125
    Additional noninterest expense $23,622
    Applicable income taxes $6,678
    Net charge-offs $1,128
    Cash dividends $0

    American Momentum Bank's interest expense for loans was $6,136,000.
    American Momentum Bank's payroll and benefits expense were $37,091,000.
    American Momentum Bank's property, plant and equipment expenses $9,125,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 2.0%
    Nonfarm, nonresidential loans 1.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 1.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $2,183,035
    Deposits held in domestic offices $2,183,035
    Deposits by Individuals, partnerships, and corporations $2,140,324
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $42,481
    Deposits by Commercial banks and other depository institutions in U.S. $230
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $1,180,655
    Demand deposits $987,045
    Nontransaction accounts $1,002,380
    Money market deposit accounts (MMDAs) $634,043
    Other savings deposits (excluding MMDAs) $151,106
    Total time deposits $217,232
    Total time and savings deposits $1,195,990
    Noninterest-bearing deposits $1,180,655
    Interest-bearing deposits $1,002,380
    Retail deposits $2,083,678
    IRAs and Keogh plan accounts $17,879
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,585,103
    Cash & Balances due from depository institutions $366,318
    Interest-bearing balances $257,361
    Total securities $161,518
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,821,869
    Loan and leases loss allowance $18,021
    Trading account assets $0
    Bank premises and fixed assets $37,352
    Other real estate owned $23,179
    Goodwill and other intangibles $128,173
    All other assets $46,694

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,585,103
    Total Liabilities $2,192,721
    Total deposits $2,183,035
    Interest-bearing deposits $1,002,380
    Deposits held in domestic offices $2,183,035
    % insured (estimated) $57
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $9,686

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,821,869
    Loan and leases loss allowance $18,021
    Total loans and leases (domestic) $1,839,890
    All real estate loans $1,253,372
    Real estate loans in domestic offices $1,253,372
    Construction and development loans $285,018
    Residential 1-4 family construction $88,943
    Other construction, all land development and other land $196,075
    Loans secured by nonfarm nonresidential properties $684,597
    Nonfarm nonresidential secured by owner-occupied properties $252,807
    Commercial real estate & other non-farm, non-residential $431,790
    Multifamily residential real estate $30,630
    1-4 family residential loans $234,010
    Farmland loans $19,117
    Loans held in foreign offices $0
    Farm loans $9,600
    Commercial and industrial loans $570,075
    To non-U.S. addressees $0
    Loans to individuals $5,813
    Credit card loans $0
    Related Plans $1,177
    Consumer Auto Loans $1,242
    Other loans to individuals $3,394
    All other loans & leases $1,030
    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 $186
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    American Momentum Bank had $1,821,869,000 of loans outstanding in 2020. $1,253,372,000 of loans were in real estate loans. $285,018,000 of loans were in development loans. $30,630,000 of loans were in multifamily mortgage loans. $234,010,000 of loans were in 1-4 family mortgage loans. $9,600,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,242,000 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 619 $158,628 $256,265
    Nonfarm, nonresidential loans - <$100k 194 $10,333 $53,263
    Nonfarm, nonresidential loans - $100-250k 200 $33,730 $168,650
    Nonfarm, nonresidential loans - $250k-1MM 225 $114,565 $509,178
    Commercial & Industrial, US addressed loans - <$1MM 2,452 $258,162 $105,286
    Commercial & Industrial, US addressed loans - <$100k 1,758 $54,946 $31,255
    Commercial & Industrial, US addressed loans - $100-250k 405 $64,020 $158,074
    Commercial & Industrial, US addressed loans - $250k-1MM 289 $139,196 $481,647
    Farmland loans - <$1MM 52 $3,552 $68,308
    Farmland loans - <$100k 38 $1,112 $29,263
    Farmland loans - $100-250k 11 $1,523 $138,455
    Farmland loans - $250k-1MM 3 $917 $305,667
    Agriculture operations loans - <$1MM 44 $5,664 $128,727
    Agriculture operations loans - <$100k 21 $966 $46,000
    Agriculture operations loans - $100-250k 16 $2,543 $158,938
    Agriculture operations loans - $250k-1MM 7 $2,155 $307,857