Academy Bank Mortgage Rates, Fees & Info

Kansas City, MO

LEI: 549300LP0CV2MNC1GV68

Tax ID: 84-0567796

5 stars - out of 5 stars, based on 29 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Originations
  • Relative Rates
  • Relative Fees
  • 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

    Academy Bank is a smaller bank specializing in Refi and Home Purchase loans. Academy 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.) They have a low ratio of USDA loans. Their top markets by origination volume include: Kansas City, Denver, Houston, Colorado Springs, and Phoenix among others. We have data for 70 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Academy 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. Academy Bank is typically an average 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 6.84% 11/26/22
    30 Year Conventional Refi 6.86% 11/26/22
    30 Year Cash-out Refi 6.66% 11/26/22
    30 Year FHA Purchase 7.59% 11/26/22
    30 Year FHA Refi 7.63% 11/26/22
    30 Year VA Purchase 6.37% 11/26/22
    30 Year VA Refi 6.22% 11/26/22
    30 Year USDA Purchase 7.03% 11/26/22
    15 Year Conventional Purchase 6.50% 11/26/22
    15 Year Conventional Refi 6.16% 11/26/22
    15 Year Cash-out Refi 6.16% 11/26/22
    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.


    Originations

    838

    Origination Dollar Volume (All Markets)

    $265,200,000

    Employee count

    527

    Awards

    Academy Bank VA Loans gold Academy Bank VA Loans gold Academy Bank VA Loans silver
    Show all (3) awards

    Relative Rate

    Academy Bank's average 30 year fixed mortgage rate was 3%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.15%.

    Relative Fees (Closing Costs)

    Academy Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $3,467.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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
    KANSAS CITY, MO-KS (FHA|USDA|VA) 625 $175,385,000 $280,616 $2,838 2.95%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 55 $25,515,000 $463,909 $4,832 3.00%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $6,590,000 $3,295,000 $4,652 3.06%
    Outside of Metro Areas 13 $4,725,000 $363,462 $3,952 2.97%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 12 $4,360,000 $363,333 $4,952 2.99%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 15 $3,795,000 $253,000 $4,617 3.02%
    BOULDER, CO (FHA|USDA|VA) 3 $2,865,000 $955,000 $3,842 3.00%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $2,285,000 $2,285,000 $16,772 4.00%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 4 $2,220,000 $555,000 $5,461 3.22%
    LAWRENCE, KS (FHA|USDA|VA) 9 $2,105,000 $233,889 $2,946 3.19%
    FORT COLLINS, CO (FHA|USDA|VA) 5 $2,025,000 $405,000 $3,870 3.13%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 4 $1,680,000 $420,000 $2,448 2.81%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 3 $1,645,000 $548,333 $4,784 2.75%
    Glenwood Springs, CO (FHA|USDA|VA) 2 $1,560,000 $780,000 $4,426 3.63%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 2 $1,410,000 $705,000 $5,038 2.69%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 3 $1,355,000 $451,667 $10,467 3.08%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 4 $1,210,000 $302,500 $6,041 2.75%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $1,175,000 $1,175,000 $4,660 3.38%
    ST. JOSEPH, MO-KS (FHA|USDA|VA) 6 $1,120,000 $186,667 $3,817 3.19%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $1,100,000 $550,000 $24,676 2.75%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $1,020,000 $510,000 $3,468 3.75%
    Breckenridge, CO (FHA|USDA|VA) 2 $990,000 $495,000 $6,846 2.69%
    GREELEY, CO (FHA|USDA|VA) 3 $975,000 $325,000 $6,001 2.96%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $900,000 $450,000 $3,236 3.12%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $880,000 $440,000 $4,416 2.63%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $860,000 $430,000 $4,357 3.00%
    Warrensburg, MO (FHA|USDA|VA) 3 $855,000 $285,000 $4,501 2.71%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $835,000 $835,000 $7,656 3.25%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $780,000 $390,000 $1,436 2.50%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $735,000 $735,000 $11,034 2.75%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 2 $710,000 $355,000 $9,648 3.12%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $705,000 $705,000 $5,832 2.88%
    TULSA, OK (FHA|USDA|VA) 2 $640,000 $320,000 $5,061 2.75%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 1 $635,000 $635,000 $4,632 3.13%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $615,000 $205,000 $5,923 2.50%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 3 $565,000 $188,333 $3,953 2.96%
    WINSTON-SALEM, NC (FHA|USDA|VA) 1 $545,000 $545,000 $3,943 2.88%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $485,000 $485,000 $4,523 2.25%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $465,000 $465,000 $4,201 2.25%
    RALEIGH-CARY, NC (FHA|USDA|VA) 1 $405,000 $405,000 $3,458 3.00%
    YUBA CITY, CA (FHA|USDA|VA) 1 $365,000 $365,000 $15,788 2.25%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $345,000 $345,000 $3,661 3.63%
    MONROE, LA (FHA|USDA|VA) 1 $335,000 $335,000 $5,400 2.63%
    TUCSON, AZ (FHA|USDA|VA) 1 $335,000 $335,000 $2,462 2.25%
    FRESNO, CA (FHA|USDA|VA) 1 $325,000 $325,000 $2,340 2.75%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $325,000 $325,000 $10,883 2.38%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $325,000 $325,000 $5,789 2.25%
    SPRINGFIELD, MO (FHA|USDA|VA) 1 $315,000 $315,000 $2,010 2.25%
    EL PASO, TX (FHA|USDA|VA) 2 $290,000 $145,000 $3,199 3.19%
    COLUMBIA, MO (FHA|USDA|VA) 1 $285,000 $285,000 $2,209 2.25%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $275,000 $275,000 $11,877 2.63%
    RICHMOND, VA (FHA|USDA|VA) 1 $255,000 $255,000 $6,236 2.87%
    MANHATTAN, KS (FHA|USDA|VA) 1 $235,000 $235,000 $1,798 2.99%
    AKRON, OH (FHA|USDA|VA) 1 $195,000 $195,000 $2,699 2.88%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $195,000 $195,000 $5,082 3.50%
    REDDING, CA (FHA|USDA|VA) 1 $195,000 $195,000 $2,984 3.00%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $195,000 $195,000 $4,430 2.63%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $185,000 $185,000 $2,704 2.63%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $185,000 $185,000 $2,756 3.63%
    Sterling, CO (FHA|USDA|VA) 1 $175,000 $175,000 $6,653 2.50%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $175,000 $175,000 $2,872 3.13%
    Hays, KS (FHA|USDA|VA) 1 $145,000 $145,000 $3,116 3.88%
    Enterprise, AL (FHA|USDA|VA) 1 $145,000 $145,000 $2,156 3.00%
    Kalispell, MT (FHA|USDA|VA) 1 $145,000 $145,000 $2,538 2.75%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $135,000 $135,000 $3,381 3.38%
    Altus, OK (FHA|USDA|VA) 1 $95,000 $95,000 $4,287 3.88%
    Branson, MO (FHA|USDA|VA) 1 $85,000 $85,000 $2,113 2.75%
    Moberly, MO (FHA|USDA|VA) 1 $75,000 $75,000 $2,509 2.99%
    Seymour, IN (FHA|USDA|VA) 1 $75,000 $75,000 $2,065 3.25%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $65,000 $65,000 $2,262 3.00%
    Academy Bank's top markets include Kansas City, Denver, Houston, Colorado Springs, and Phoenix among others.

    Their top states include:
  • Kansas (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • California (FHA|USDA|VA)

    • Similar Lenders

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

    First Credit Union
    Similarity Rank: 378
    MAINSTREET FEDERAL CREDIT UNION
    Similarity Rank: 426
    FRONTIER COMMUNITY CREDIT UNION
    Similarity Rank: 693
    CoreFirst Bank & Trust
    Similarity Rank: 759
    The District Federal Credit Union
    Similarity Rank: 882
    UNITED CONSUMERS CREDIT UNION
    Similarity Rank: 1062
    ARIZONA CENTRAL
    Similarity Rank: 1166
    Truity Federal Credit Union
    Similarity Rank: 1274
    AERO Federal Credit Union
    Similarity Rank: 1428
    DENVER COMMUNITY
    Similarity Rank: 1540

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 751 $236,435,000 $314,827 $2,971 3.00%
    VA 59 $21,995,000 $372,797 $6,604 2.47%
    FHA 27 $6,465,000 $239,444 $6,679 2.96%
    USDA 1 $305,000 $305,000 $6,893 2.75%

    For 2021, Academy Bank's most frequently originated type of loan was Conventional, with 751 originations. Their 2nd most popular type was VA, with 59 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 483 $142,275,000 $294,565 $3,077 2.92%
    Home Purchase 354 $122,700,000 $346,610 $3,746 3.01%
    Cash Out Refi 1 $225,000 $225,000 $2,211 2.88%

    For 2021, Academy Bank's most frequently cited loan purpose was Refi, with 483 originations. The 2nd most popular reason was Home Purchase, with 354 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 690 $213,180,000 $308,957 $3,467 3.00%
    15 Year 86 $21,320,000 $247,907 $2,696 2.47%
    20 Year 31 $11,175,000 $360,484 $2,610 2.67%
    Other 12 $6,920,000 $576,667 $2,471 4.06%
    10 Year 9 $3,895,000 $432,778 $2,990 2.65%
    5 Year 5 $1,265,000 $253,000 $4,844 4.45%
    3 Year 4 $6,990,000 $1,747,500 $5,019 4.19%
    30+ year 1 $455,000 $455,000 $7,681 2.63%

    For 2021, Academy Bank's most frequently cited loan duration was 30 Year, with 690 originations. The 2nd most popular length was 15 Year, with 86 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 453 $132,495,000 $292,483
    $1k-2k 300 $94,310,000 $314,367
    $2k-3k 39 $11,945,000 $306,282
    $3k-4k 16 $6,290,000 $393,125
    $5k+ 8 $3,430,000 $428,750
    $4k-5k 6 $2,500,000 $416,667

    Academy Bank's average total fees were $3,467, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 453 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 386 $117,120,000 $303,420
    3-4% 255 $93,485,000 $366,608
    <2.5% 168 $45,520,000 $270,952
    4-5% 28 $9,040,000 $322,857
    6-7% 1 $35,000 $35,000

    During 2021, Academy Bank's average interest rate for loans was 3.00%, while their most frequently originated rate bucket for loans was 2.5-3%, with 386 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 373 $105,765,000 $283,552 $3,365 2.89%
    $100k-200k 235 $35,105,000 $149,383 $2,734 2.97%
    $400k-600k 130 $63,650,000 $489,615 $3,768 2.95%
    $100,000 or less 49 $3,825,000 $78,061 $2,701 3.25%
    $600k-1MM 32 $24,530,000 $766,563 $5,024 3.04%
    $1MM+ 19 $32,325,000 $1,701,316 $7,797 3.32%

    2021 saw Academy Bank place emphasis on $200k-400k loans with 373 originations, totaling $105,765,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 204 $55,950,000 $274,265 $3,134 2.90%
    $150k-250k 169 $60,895,000 $360,325 $3,368 3.04%
    $50k-75k 127 $27,525,000 $216,732 $3,225 2.92%
    $75k-100k 126 $31,270,000 $248,175 $3,548 2.88%
    $250k+ 95 $53,535,000 $563,526 $4,380 3.11%
    $50k or less 62 $10,280,000 $165,806 $3,002 2.89%

    Academy Bank lent most frequently to those with incomes in the $100k-150k range, with 204 originations. The second most popular income band? $150k-250k, with 169 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 212 $65,480,000 $308,868 $3,190 2.92%
    30-36% 152 $45,560,000 $299,737 $3,095 3.00%
    <20% 87 $24,195,000 $278,103 $2,637 2.76%
    39% 38 $13,840,000 $364,211 $3,405 2.97%
    37% 38 $9,850,000 $259,211 $3,455 2.90%
    42% 34 $10,040,000 $295,294 $3,304 3.14%
    44% 29 $8,945,000 $308,448 $2,991 3.06%
    38% 29 $8,025,000 $276,724 $3,177 3.02%
    43% 29 $8,375,000 $288,793 $3,570 2.93%
    41% 24 $8,570,000 $357,083 $4,123 3.07%
    36% 22 $8,690,000 $395,000 $5,247 2.99%
    47% 19 $4,925,000 $259,211 $3,599 2.97%
    49% 18 $6,010,000 $333,889 $5,447 2.97%
    46% 17 $5,955,000 $350,294 $3,619 3.04%
    45% 15 $3,825,000 $255,000 $2,607 2.95%
    40% 15 $3,325,000 $221,667 $3,422 2.97%
    48% 15 $5,355,000 $357,000 $5,433 2.97%
    50-60% 6 $2,270,000 $378,333 $8,693 2.75%
    >60% 1 $255,000 $255,000 $0 4.25%

    Academy Bank lent most frequently to those with DTI ratios of 20-30%, with 212 originations. The next most common DTI ratio? 30-36%, with 152 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 595 $185,205,000 $311,269 $3,221 2.93%
    Not provided 156 $46,310,000 $296,859 $3,431 2.99%
    Not applicable 14 $13,910,000 $993,571 $0 4.28%
    Asian 42 $11,930,000 $284,048 $4,674 2.94%
    Black 25 $6,245,000 $249,800 $3,456 2.83%
    American Indian 5 $1,355,000 $271,000 $6,119 2.92%
    Asian Indian 1 $245,000 $245,000 $1,976 2.25%

    Approval Rates

    Total approvals of all applications
    93.51%

    Academy Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    71.00%

    Academy Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 838 $265,200,000 $316,468

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    838 $265,200,000 $316,468

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 39 $9,355,000 $239,872 $3,130 2.76%
    40-60% 133 $35,955,000 $270,338 $2,817 2.78%
    60-80% 363 $116,545,000 $321,061 $3,042 3.11%
    80-100% 289 $95,595,000 $330,779 $3,732 2.90%
    Over 100% 7 $6,055,000 $865,000 $18,707 2.82%
    Under 20% 1 $115,000 $115,000 $2,404 2.00%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Academy Mortgage Corporation Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 3 12.0%
    Academy Mortgage Corporation Conventional home mortgage Closing on a mortgage 5 20.0%
    Academy Mortgage Corporation Conventional home mortgage Trouble during payment process 7 28.0%
    Academy Mortgage Corporation FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 4.0%
    Academy Mortgage Corporation FHA mortgage Closing on a mortgage 2 8.0%
    Academy Mortgage Corporation FHA mortgage Trouble during payment process 1 4.0%
    Academy Mortgage Corporation Other type of mortgage Trouble during payment process 3 12.0%
    Academy Mortgage Corporation VA mortgage Applying for a mortgage or refinancing an existing mortgage 2 8.0%
    Academy Mortgage Corporation VA mortgage Closing on a mortgage 1 4.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Academy Bank, National Association 1202 South Kirkwood Road Kirkwood, MO 63122 Full Service Retail $10,503
    Academy Bank, National Association 1607 West Bethany Home Road Phoenix, AZ 85015 Full Service Retail $4,523
    Academy Bank, National Association 16100 W 65th St Shawnee Mission, KS 66217 Full Service Retail $28,795
    Academy Bank, National Association 1650 Space Center Drive Colorado Springs, CO 80915 Full Service B&M $18,291
    Academy Bank, National Association 1650 West Valencia Road Tucson, AZ 85746 Full Service Retail $8,340
    Academy Bank, National Association 1700 N. 291 Highway Harrisonville, MO 64701 Full Service Retail $18,259
    Academy Bank, National Association 1701 W 133rd St. Kansas City, MO 64145 Full Service Retail $17,884
    Academy Bank, National Association 1881 Main St Kansas City, MO 64108 Full Service B&M $0
    Academy Bank, National Association 1881 Main St Kansas City, MO 64108 Full Service B&M $606,029
    Academy Bank, National Association 1923 E. Kearney Springfield, MO 65803 Full Service Retail $9,981
    Academy Bank, National Association 2004 West Marler Lane Ozark, MO 65721 Full Service Retail $8,750
    Academy Bank, National Association 2015 Foxwood Drive Raymore, MO 64083 Full Service Retail $17,987
    Academy Bank, National Association 2021 East Independence Street Springfield, MO 65804 Full Service Retail $19,130
    Academy Bank, National Association 3520 W. Sunshine Springfield, MO 65807 Full Service Retail $9,762
    Academy Bank, National Association 395 North K7 Highway Olathe, KS 66061 Full Service Retail $10,887
    Academy Bank, National Association 4080 West Northern Avenue Pueblo, CO 81005 Full Service Retail $11,847
    Academy Bank, National Association 4200 Dillon Drive Pueblo, CO 81008 Full Service Retail $11,593
    Academy Bank, National Association 4201 North Belt Highway Saint Joseph, MO 64506 Full Service Retail $19,271
    Academy Bank, National Association 4400 Shawnee Mission Pkwy Fairway, KS 66205 Full Service B&M $49,255
    Academy Bank, National Association 5605 West Northern Avenue Glendale, AZ 85301 Full Service Retail $5,499
    Academy Bank, National Association 5650 South Chambers Rd Aurora, CO 80015 Full Service Retail $9,893
    Academy Bank, National Association 5990 Dahlia Street Commerce City, CO 80022 Full Service Retail $6,397
    Academy Bank, National Association 5999 E Colfax Ave Denver, CO 80220 Full Service B&M $5,542
    Academy Bank, National Association 60 West Bromley Lane Brighton, CO 80601 Full Service Retail $16,388
    Academy Bank, National Association 600 Ne Coronado Drive Blue Springs, MO 64014 Full Service Retail $14,428
    Academy Bank, National Association 8301 N. Church Road Kansas City, MO 64158 Full Service Retail $20,921
    Academy Bank, National Association 8480 East Orchard Road Greenwood Village, CO 80111 Full Service B&M $20,648
    Academy Bank, National Association 8551 N. Boardwalk Kansas City, MO 64154 Full Service Retail $20,531
    Academy Bank, National Association 8808 Renner Blvd. Lenexa, KS 66219 Full Service B&M $3,564
    Academy Bank, National Association 908 Walton Way Richmond, MO 64085 Full Service Retail $16,360
    Academy Bank, National Association 920 47th Avenue Greeley, CO 80634 Full Service Retail $8,027
    Academy Bank, National Association 9400 East Hampden Avenue Denver, CO 80231 Full Service Retail $11,029
    Academy Bank, National Association 9499 Sheridan Boulevard Westminster, CO 80031 Full Service Retail $8,454
    Academy Bank, National Association 950 West 92 Highway Kearney, MO 64060 Full Service B&M $102,972
    Academy Bank, National Association 9600 E Hampden Ave Denver, CO 80231 Full Service B&M $17,854
    Academy Bank, National Association 99 Northeast 72nd Street Gladstone, MO 64118 Full Service B&M $24,085
    Academy Bank, National Association 9901 Grant St Thornton, CO 80229 Full Service Retail $7,417
    Academy Bank, National Association 100 Thf Blvd Chesterfield, MO 63005 Full Service Retail $12,426
    Academy Bank, National Association 100 W 92 Hwy Kearney, MO 64060 Limited, Drive-thru $0
    Academy Bank, National Association 1000 Ne Sam Walton Ln Lees Summit, MO 64063 Full Service Retail $21,485
    Academy Bank, National Association 10000 College Boulevard Overland Park, KS 66210 Full Service B&M $45,062
    Academy Bank, National Association 10824 Parallel Pkwy Kansas City, KS 66109 Full Service Retail $7,196
    Academy Bank, National Association 10900 East Briarwood Avenue Centennial, CO 80111 Full Service Retail $9,481
    Academy Bank, National Association 110 South Stewart Rd Liberty, MO 64068 Full Service B&M $17,777
    Academy Bank, National Association 1101 Branson Hill S Pkway Branson, MO 65616 Full Service Retail $13,072
    Academy Bank, National Association 1201 East Grindstone Parkway Columbia, MO 65201 Full Service Retail $10,283
    Academy Bank, National Association 2501 South Avenue B Yuma, AZ 85364 Full Service Retail $13,653
    Academy Bank, National Association 2514 Main Street Longmont, CO 80504 Full Service Retail $10,470
    Academy Bank, National Association 2545 Rimrock Avenue Grand Junction, CO 81505 Full Service Retail $5,572
    Academy Bank, National Association 2835 Briargate Blvd Colorado Springs, CO 80920 Full Service B&M $27,435
    Academy Bank, National Association 2881 North Avenue Grand Junction, CO 81501 Full Service Retail $10,790
    Academy Bank, National Association 301 East Cooper Street Warrensburg, MO 64093 Full Service Retail $15,190
    Academy Bank, National Association 3022 S Belt Highway Saint Joseph, MO 64503 Full Service Retail $16,775
    Academy Bank, National Association 3103 23rd Avenue Greeley, CO 80631 Full Service Retail $7,108
    Academy Bank, National Association 3201 E. Platte Avenue Colorado Springs, CO 80909 Full Service Retail $9,643
    Academy Bank, National Association 3270 Telegraph Road Saint Louis, MO 63125 Full Service B&M $628
    Academy Bank, National Association 3301 North Tower Road Aurora, CO 80011 Full Service Retail $5,331
    Academy Bank, National Association 3315 S Campbell Springfield, MO 65807 Full Service Retail $16,646
    Academy Bank, National Association 601 Englewood Parkway Englewood, CO 80110 Full Service Retail $11,421
    Academy Bank, National Association 6101 South Aurora Parkway Aurora, CO 80016 Full Service Retail $9,515
    Academy Bank, National Association 6310 U.S. Highway 85/87 Fountain, CO 80817 Full Service Retail $10,579
    Academy Bank, National Association 653 Gravois Bluff's Blvd Fenton, MO 63026 Full Service Retail $16,922
    Academy Bank, National Association 6976 West 135th Street Overland Park, KS 66223 Full Service B&M $16,633
    Academy Bank, National Association 707 South 8th Street Colorado Springs, CO 80905 Full Service Retail $9,300
    Academy Bank, National Association 7150 East Camelback Road, Suite 100 Scottsdale, AZ 85251 Full Service B&M $10,184
    Academy Bank, National Association 7155 Sheridan Blvd Westminster, CO 80003 Full Service Retail $10,788
    Academy Bank, National Association 7455 West Colfax Avenue Lakewood, CO 80214 Full Service Retail $12,068
    Academy Bank, National Association 78 N. Mcculloch Blvd Pueblo, CO 81007 Full Service Retail $13,272
    Academy Bank, National Association 7800 E. Smith Road Denver, CO 80207 Full Service Retail $5,953
    Academy Bank, National Association 8250 Razorback Road Colorado Springs, CO 80920 Full Service Retail $12,615
    Academy Bank, National Association One South Tejon Street Colorado Springs, CO 80903 Full Service B&M $41,137
    Academy Bank, National Association 1250 E. Magnolia Fort Collins, CO 80524 Full Service Retail $10,670
    Academy Bank, National Association 12801 Kansas Avenue Bonner Springs, KS 66012 Full Service Retail $13,595
    Academy Bank, National Association 12900 W. Thunderbird El Mirage, AZ 85335 Full Service Retail $7,314
    Academy Bank, National Association 1301 E Highway 24 Moberly, MO 65270 Full Service Retail $11,168
    Academy Bank, National Association 13010 S. Commercial Drive Bonner Springs, KS 66012 Full Service B&M $7,174
    Academy Bank, National Association 13218 W 87th St Lenexa, KS 66215 Full Service B&M $14,993
    Academy Bank, National Association 1325 Denver Street Loveland, CO 80537 Full Service Retail $10,470
    Academy Bank, National Association 13420 Coal Mine Road Littleton, CO 80127 Full Service Retail $23,936
    Academy Bank, National Association 13600 S Alden St Olathe, KS 66062 Full Service Retail $17,554
    Academy Bank, National Association 15084 S. Black Bob Road Olathe, KS 66062 Full Service B&M $14,069
    Academy Bank, National Association 1575 Space Center Drive Colorado Springs, CO 80915 Full Service Retail $5,611

    For 2021, Academy Bank had 82 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $85,223
    Net interest income $76,284
    Total noninterest income $67,311
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $34,195
    Trading account gains and fees $0
    Additional Noninterest Income $33,116
    Pre-tax net operating income $47,701
    Securities gains (or losses, -) $-122
    Income before extraordinary items $36,486
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $36,486
    Minority interest net income $0
    Net income $36,486
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $36,582

    Academy Bank's gross interest income from loans was $85,223,000.
    Academy Bank's net interest income from loans was $76,284,000.
    Academy Bank's fee based income from loans was $34,195,000.
    Academy Bank's net income from loans was $36,486,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $8,939
    Provision for credit losses $3,000
    Total noninterest expense $92,894
    Salaries and employee benefits $48,323
    Premises and equipment expense $12,702
    Additional noninterest expense $31,869
    Applicable income taxes $11,093
    Net charge-offs $4,092
    Cash dividends $0

    Academy Bank's interest expense for loans was $8,939,000.
    Academy Bank's payroll and benefits expense were $48,323,000.
    Academy Bank's property, plant and equipment expenses $12,702,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 1.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 2.0%
    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 $1,832,895
    Deposits held in domestic offices $1,832,895
    Deposits by Individuals, partnerships, and corporations $1,726,747
    Deposits by U.S. Government $7
    Deposits by States and political subdivisions in the U.S. $21,466
    Deposits by Commercial banks and other depository institutions in U.S. $84,675
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $624,074
    Demand deposits $624,074
    Nontransaction accounts $1,208,821
    Money market deposit accounts (MMDAs) $437,078
    Other savings deposits (excluding MMDAs) $121,357
    Total time deposits $650,386
    Total time and savings deposits $1,208,821
    Noninterest-bearing deposits $481,200
    Interest-bearing deposits $1,351,695
    Retail deposits $1,644,854
    IRAs and Keogh plan accounts $41,137
    Brokered deposits $95,000
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,305,640
    Cash & Balances due from depository institutions $218,874
    Interest-bearing balances $177,315
    Total securities $379,335
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,632,146
    Loan and leases loss allowance $32,511
    Trading account assets $0
    Bank premises and fixed assets $25,043
    Other real estate owned $0
    Goodwill and other intangibles $14,511
    All other assets $35,731

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,305,640
    Total Liabilities $1,917,838
    Total deposits $1,832,895
    Interest-bearing deposits $1,351,695
    Deposits held in domestic offices $1,832,895
    % insured (estimated) $70
    Federal funds purchased and repurchase agreements $13,445
    Trading liabilities $0
    Other borrowed funds $47,012
    Subordinated debt $0
    All other liabilities $24,486

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,632,146
    Loan and leases loss allowance $32,511
    Total loans and leases (domestic) $1,664,657
    All real estate loans $1,146,548
    Real estate loans in domestic offices $1,146,548
    Construction and development loans $110,823
    Residential 1-4 family construction $41,535
    Other construction, all land development and other land $69,288
    Loans secured by nonfarm nonresidential properties $775,267
    Nonfarm nonresidential secured by owner-occupied properties $124,389
    Commercial real estate & other non-farm, non-residential $650,878
    Multifamily residential real estate $51,230
    1-4 family residential loans $205,922
    Farmland loans $3,306
    Loans held in foreign offices $0
    Farm loans $616
    Commercial and industrial loans $432,221
    To non-U.S. addressees $0
    Loans to individuals $17,428
    Credit card loans $2,662
    Related Plans $6,906
    Consumer Auto Loans $605
    Other loans to individuals $7,255
    All other loans & leases $67,844
    Loans to foreign governments and official institutions $0
    Other loans $21,484
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $23,128
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $125
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Academy Bank had $1,632,146,000 of loans outstanding in 2021. $1,146,548,000 of loans were in real estate loans. $110,823,000 of loans were in development loans. $51,230,000 of loans were in multifamily mortgage loans. $205,922,000 of loans were in 1-4 family mortgage loans. $616,000 of loans were in farm loans. $2,662,000 of loans were in credit card loans. $605,000 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 141 $51,616 $366,071
    Nonfarm, nonresidential loans - <$100k 14 $414 $29,571
    Nonfarm, nonresidential loans - $100-250k 26 $3,756 $144,462
    Nonfarm, nonresidential loans - $250k-1MM 101 $47,446 $469,762
    Commercial & Industrial, US addressed loans - <$1MM 367 $33,333 $90,826
    Commercial & Industrial, US addressed loans - <$100k 176 $2,709 $15,392
    Commercial & Industrial, US addressed loans - $100-250k 94 $7,091 $75,436
    Commercial & Industrial, US addressed loans - $250k-1MM 97 $23,533 $242,608
    Farmland loans - <$1MM 14 $1,547 $110,500
    Farmland loans - <$100k 8 $372 $46,500
    Farmland loans - $100-250k 1 $91 $91,000
    Farmland loans - $250k-1MM 5 $1,084 $216,800
    Agriculture operations loans - <$1MM 2 $21 $10,500
    Agriculture operations loans - <$100k 2 $21 $10,500