Academy Bank Mortgage Rates, Fees & Info
Kansas City, MOLEI: 549300LP0CV2MNC1GV68
Tax ID: 84-0567796
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Bank Data
Review & Overview
Academy Bank is a smaller bank specializing in Home Purchase and Refi loans. Academy 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, Denver, St. Louis, Lawrence, and San Diego among others. We have data for 36 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.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.27% | 4/21/24 |
| 30 Year Conventional Purchase | 6.57% | 4/21/24 |
| 30 Year Conventional Refi | 6.32% | 4/21/24 |
| 30 Year Cash-out Refi | 6.61% | 4/21/24 |
| 30 Year FHA Purchase | 6.97% | 4/21/24 |
| 30 Year FHA Refi | 6.27% | 4/21/24 |
| 30 Year VA Purchase | 5.77% | 4/21/24 |
| 30 Year VA Refi | 6.00% | 4/21/24 |
| 30 Year USDA Purchase | 6.75% | 4/21/24 |
| 15 Year Conventional Purchase | 6.07% | 4/21/24 |
| 15 Year Conventional Refi | 5.69% | 4/21/24 |
| 15 Year Cash-out Refi | 5.69% | 4/21/24 |
| 15 Year VA Purchase | 5.62% | 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. | ||
Academy Bank Mortgage Calculator
Your Estimates
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
478Origination Dollar Volume (All Markets)
$158,940,000Employee count
525Top 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) | 393 | $122,065,000 | $310,598 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 14 | $13,540,000 | $967,143 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 10 | $4,010,000 | $401,000 | $0 | 0.00% |
| LAWRENCE, KS (FHA|USDA|VA) | 5 | $2,485,000 | $497,000 | $0 | 0.00% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $2,180,000 | $1,090,000 | $0 | 0.00% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 7 | $1,575,000 | $225,000 | $0 | 0.00% |
| GREELEY, CO (FHA|USDA|VA) | 2 | $1,100,000 | $550,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $1,005,000 | $335,000 | $0 | 0.00% |
| Thomasville, GA (FHA|USDA|VA) | 1 | $965,000 | $965,000 | $0 | 0.00% |
| Edwards, CO (FHA|USDA|VA) | 1 | $955,000 | $955,000 | $0 | 0.00% |
| Outside of Metro Areas | 7 | $945,000 | $135,000 | $0 | 0.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $935,000 | $935,000 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $0 | 0.00% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| WICHITA, KS (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $0 | 0.00% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $0 | 0.00% |
| COLUMBIA, MO (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 0.00% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 0.00% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| Ottawa, KS (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $0 | 0.00% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $0 | 0.00% |
| PUEBLO, CO (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 0.00% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| Fort Leonard Wood, MO (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Kearney, NE (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Branson, MO (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $0 | 0.00% |
| Shelby, NC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
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.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 400 | $142,100,000 | $355,250 | $0 | 0.00% |
| FHA | 60 | $12,050,000 | $200,833 | $0 | 0.00% |
| VA | 18 | $4,790,000 | $266,111 | $0 | 0.00% |
For 2018, Academy Bank's most frequently originated type of loan was Conventional, with 400 originations. Their 2nd most popular type was FHA, with 60 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 385 | $113,025,000 | $293,571 | $0 | 0.00% |
| Refi | 48 | $36,060,000 | $751,250 | $0 | 0.00% |
| Cash Out Refi | 45 | $9,855,000 | $219,000 | $0 | 0.00% |
For 2018, Academy Bank's most frequently cited loan purpose was Home Purchase, with 385 originations. The 2nd most popular reason was Refi, with 48 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 478 | $158,940,000 | $332,510 | $0 | 0.00% |
For 2018, Academy Bank's most frequently cited loan duration was Other, with 478 originations.
Loan Sizing
2018 saw Academy Bank place emphasis on $200k-400k loans with 224 originations, totaling $60,990,000 in origination value.
Applicant Income
Academy Bank lent most frequently to those with incomes in the $100k-150k range, with 118 originations. The second most popular income band? $150k-250k, with 84 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 478 | $158,940,000 | $332,510 | $0 | 0.00% |
Academy Bank lent most frequently to those with DTI ratios of Exempt%, with 478 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.77%
Academy Bank has an average approval rate.
Pick Rate
Approvals leading to origination70.08%
Academy Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 478 | $158,940,000 | $332,510 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 12 | $30,230,000 | $2,519,167 |
| Single Family (1-4 Units):Site-Built | 466 | $128,710,000 | $276,202 |
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Academy Mortgage Corporation | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 3 | 37.5% |
| Academy Mortgage Corporation | Conventional home mortgage | Closing on a mortgage | 1 | 12.5% |
| Academy Mortgage Corporation | Conventional home mortgage | Struggling to pay mortgage | 1 | 12.5% |
| Academy Mortgage Corporation | FHA mortgage | Closing on a mortgage | 1 | 12.5% |
| Academy Mortgage Corporation | FHA mortgage | Trouble during payment process | 1 | 12.5% |
| Academy Mortgage Corporation | Other type of mortgage | Trouble during payment process | 1 | 12.5% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Academy Bank, National Association | 100 Thf Blvd Chesterfield, MO 63005 | Full Service Retail | $10,374 |
| Academy Bank, National Association | 1000 Ne Sam Walton Ln Lees Summit, MO 64063 | Full Service Retail | $17,171 |
| Academy Bank, National Association | 10000 College Boulevard Overland Park, KS 66210 | Full Service B&M | $27,784 |
| Academy Bank, National Association | 10824 Parallel Parkway Kansas City, KS 66109 | Full Service Retail | $3,806 |
| Academy Bank, National Association | 10900 East Briarwood Avenue Centennial, CO 80111 | Full Service Retail | $4,207 |
| Academy Bank, National Association | 1101 Branson Hill S Pkway Branson, MO 65616 | Full Service Retail | $8,670 |
| Academy Bank, National Association | 1201 East Grindstone Parkway Columbia, MO 65201 | Full Service Retail | $9,636 |
| Academy Bank, National Association | 1202 South Kirkwood Road Kirkwood, MO 63122 | Full Service Retail | $8,681 |
| Academy Bank, National Association | 1250 E. Magnolia Fort Collins, CO 80524 | Full Service Retail | $6,751 |
| Academy Bank, National Association | 12801 Kansas Avenue Bonner Springs, KS 66012 | Full Service Retail | $13,439 |
| Academy Bank, National Association | 12900 W. Thunderbird El Mirage, AZ 85335 | Full Service Retail | $2,869 |
| Academy Bank, National Association | 1301 E Highway 24 Moberly, MO 65270 | Full Service Retail | $7,467 |
| Academy Bank, National Association | 1325 Denver Street Loveland, CO 80537 | Full Service Retail | $6,826 |
| Academy Bank, National Association | 13420 Coal Mine Road Littleton, CO 80127 | Full Service Retail | $12,626 |
| Academy Bank, National Association | 13600 S Alden St Olathe, KS 66062 | Full Service Retail | $16,239 |
| Academy Bank, National Association | 15084 S. Black Bob Road Olathe, KS 66062 | Full Service B&M | $12,706 |
| Academy Bank, National Association | 1575 Space Center Drive Colorado Springs, CO 80915 | Full Service Retail | $3,502 |
| Academy Bank, National Association | 1607 West Bethany Home Road Phoenix, AZ 85015 | Full Service Retail | $3,461 |
| Academy Bank, National Association | 2545 Rimrock Avenue Grand Junction, CO 81505 | Full Service Retail | $8,939 |
| Academy Bank, National Association | 16100 W 65th St Shawnee Mission, KS 66217 | Full Service Retail | $24,402 |
| Academy Bank, National Association | 1650 Space Center Drive Colorado Springs, CO 80915 | Full Service B&M | $8,041 |
| Academy Bank, National Association | 1650 West Valencia Road Tucson, AZ 85746 | Full Service Retail | $4,210 |
| Academy Bank, National Association | 1700 N. 291 Highway Harrisonville, MO 64701 | Full Service Retail | $13,877 |
| Academy Bank, National Association | 1701 W 133rd St. Kansas City, MO 64145 | Full Service Retail | $20,674 |
| Academy Bank, National Association | 1923 E. Kearney Springfield, MO 65803 | Full Service Retail | $6,599 |
| Academy Bank, National Association | 2004 West Marler Lane Ozark, MO 65721 | Full Service Retail | $6,680 |
| Academy Bank, National Association | 2015 Foxwood Drive Raymore, MO 64083 | Full Service Retail | $16,135 |
| Academy Bank, National Association | 2021 East Independence Street Springfield, MO 65804 | Full Service Retail | $13,995 |
| Academy Bank, National Association | 2501 South Avenue B Yuma, AZ 85364 | Full Service Retail | $2,989 |
| Academy Bank, National Association | 2514 Main Street Longmont, CO 80504 | Full Service Retail | $6,329 |
| Academy Bank, National Association | 2835 Briargate Blvd Colorado Springs, CO 80920 | Full Service B&M | $24,176 |
| Academy Bank, National Association | 2881 North Avenue Grand Junction, CO 81501 | Full Service Retail | $5,502 |
| Academy Bank, National Association | 301 East Cooper Street Warrensburg, MO 64093 | Full Service Retail | $11,785 |
| Academy Bank, National Association | 3022 S Belt Highway Saint Joseph, MO 64503 | Full Service Retail | $11,949 |
| Academy Bank, National Association | 3103 23rd Avenue Greeley, CO 80631 | Full Service Retail | $4,991 |
| Academy Bank, National Association | 3201 E. Platte Avenue Colorado Springs, CO 80909 | Full Service Retail | $5,717 |
| Academy Bank, National Association | 3301 North Tower Road Aurora, CO 80011 | Full Service Retail | $3,177 |
| Academy Bank, National Association | 3315 S Campbell Springfield, MO 65807 | Full Service Retail | $15,566 |
| Academy Bank, National Association | 3520 W. Sunshine Springfield, MO 65807 | Full Service Retail | $6,658 |
| Academy Bank, National Association | 395 North K7 Highway Olathe, KS 66061 | Full Service Retail | $11,263 |
| Academy Bank, National Association | 4080 West Northern Avenue Pueblo, CO 81005 | Full Service Retail | $7,199 |
| Academy Bank, National Association | 4200 Dillon Drive Pueblo, CO 81008 | Full Service Retail | $7,778 |
| Academy Bank, National Association | 4201 North Belt Highway Saint Joseph, MO 64506 | Full Service Retail | $15,638 |
| Academy Bank, National Association | 4400 Shawnee Mission Pkwy Fairway, KS 66205 | Full Service B&M | $275,926 |
| Academy Bank, National Association | 5200 Stahl Avenue Goff, KS 66428 | Full Service B&M | $8,521 |
| Academy Bank, National Association | 5550 East Woodmen Colorado Springs, CO 80920 | Full Service Retail | $4,574 |
| Academy Bank, National Association | 5605 West Northern Avenue Glendale, AZ 85301 | Full Service Retail | $3,093 |
| Academy Bank, National Association | 5650 Breckenridge Park Drive, Suite 110 Tampa, FL 33610 | Full Service B&M | $27,578 |
| Academy Bank, National Association | 5650 South Chambers Rd Aurora, CO 80015 | Full Service Retail | $5,834 |
| Academy Bank, National Association | 5990 Dahlia Street Commerce City, CO 80022 | Full Service Retail | $3,710 |
| Academy Bank, National Association | 60 West Bromley Lane Brighton, CO 80601 | Full Service Retail | $8,408 |
| Academy Bank, National Association | 600 Ne Coronado Drive Blue Springs, MO 64014 | Full Service Retail | $8,280 |
| Academy Bank, National Association | 601 Englewood Parkway Englewood, CO 80110 | Full Service Retail | $6,394 |
| Academy Bank, National Association | 6101 South Aurora Parkway Aurora, CO 80016 | Full Service Retail | $6,271 |
| Academy Bank, National Association | 6310 U.S. Highway 85/87 Fountain, CO 80817 | Full Service Retail | $6,464 |
| Academy Bank, National Association | 653 Gravois Bluff's Blvd Fenton, MO 63026 | Full Service Retail | $14,758 |
| Academy Bank, National Association | 707 South 8th Street Colorado Springs, CO 80905 | Full Service Retail | $9,413 |
| Academy Bank, National Association | 7150 East Camelback Road Scottsdale, AZ 85251 | Full Service B&M | $1,838 |
| Academy Bank, National Association | 7155 Sheridan Blvd Westminster, CO 80003 | Full Service Retail | $5,043 |
| Academy Bank, National Association | 740 17th Street Denver, CO 80202 | Full Service B&M | $14,364 |
| Academy Bank, National Association | 7455 West Colfax Avenue Lakewood, CO 80214 | Full Service Retail | $6,643 |
| Academy Bank, National Association | 78 N. Mcculloch Blvd Pueblo, CO 81007 | Full Service Retail | $10,124 |
| Academy Bank, National Association | 7800 E. Smith Road Denver, CO 80207 | Full Service Retail | $3,929 |
| Academy Bank, National Association | 8250 Razorback Road Colorado Springs, CO 80920 | Full Service Retail | $7,510 |
| Academy Bank, National Association | 8301 N. Church Road Kansas City, MO 64158 | Full Service Retail | $16,681 |
| Academy Bank, National Association | 8551 N Boardwalk Avenue Kansas City, MO 64154 | Full Service B&M | $0 |
| Academy Bank, National Association | 8551 N. Boardwalk Kansas City, MO 64154 | Full Service Retail | $17,739 |
| Academy Bank, National Association | 908 Walton Way Richmond, MO 64085 | Full Service Retail | $12,714 |
| Academy Bank, National Association | 920 47th Avenue Greeley, CO 80634 | Full Service Retail | $4,691 |
| Academy Bank, National Association | 9400 East Hampden Avenue Denver, CO 80231 | Full Service Retail | $7,977 |
| Academy Bank, National Association | 9499 Sheridan Boulevard Westminster, CO 80031 | Full Service Retail | $6,608 |
| Academy Bank, National Association | 9600 E Hampden Ave Denver, CO 80231 | Full Service B&M | $8,123 |
| Academy Bank, National Association | 9901 Grant St Thornton, CO 80229 | Full Service Retail | $5,705 |
| Academy Bank, National Association | One South Tejon Street Colorado Springs, CO 80903 | Full Service B&M | $22,203 |
For 2018, Academy Bank had 74 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $58,444 |
| Net interest income | $47,530 |
| Total noninterest income | $61,477 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $40,887 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $20,590 |
| Pre-tax net operating income | $25,201 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $18,683 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $18,683 |
| Minority interest net income | $0 |
| Net income | $18,683 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $18,683 |
Academy Bank's gross interest income from loans was $58,444,000.
Academy Bank's net interest income from loans was $47,530,000.
Academy Bank's fee based income from loans was $40,887,000.
Academy Bank's net income from loans was $18,683,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $10,914 |
| Provision for credit losses | $9,100 |
| Total noninterest expense | $74,706 |
| Salaries and employee benefits | $36,415 |
| Premises and equipment expense | $8,387 |
| Additional noninterest expense | $29,904 |
| Applicable income taxes | $6,518 |
| Net charge-offs | $6,472 |
| Cash dividends | $0 |
Academy Bank's interest expense for loans was $10,914,000.
Academy Bank's payroll and benefits expense were $36,415,000.
Academy Bank's property, plant and equipment expenses $8,387,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 0.0% |
| Real Estate loans | 0.0% |
| Construction & Land Development loans | 0.0% |
| Nonfarm, nonresidential loans | 0.0% |
| Multifamily residential loans | 0.0% |
| 1-4 family residential loans | 0.0% |
| HELOC loans | 0.0% |
| All other family | 0.0% |
| Commercial & industrial loans | 0.0% |
| Personal loans | 0.0% |
| Credit card loans | 0.1% |
| Other individual loans | 0.0% |
| Auto loans | 4.0% |
| Other consumer loans | 0.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $1,150,774 |
| Deposits held in domestic offices | $1,150,774 |
| Deposits by Individuals, partnerships, and corporations | $1,120,657 |
| Deposits by U.S. Government | $3 |
| Deposits by States and political subdivisions in the U.S. | $5,748 |
| Deposits by Commercial banks and other depository institutions in U.S. | $24,366 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $291,434 |
| Demand deposits | $291,434 |
| Nontransaction accounts | $859,340 |
| Money market deposit accounts (MMDAs) | $225,276 |
| Other savings deposits (excluding MMDAs) | $53,912 |
| Total time deposits | $580,152 |
| Total time and savings deposits | $859,340 |
| Noninterest-bearing deposits | $216,272 |
| Interest-bearing deposits | $934,502 |
| Retail deposits | $1,044,870 |
| IRAs and Keogh plan accounts | $34,827 |
| Brokered deposits | $55,000 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $1,462,159 |
| Cash & Balances due from depository institutions | $182,774 |
| Interest-bearing balances | $142,038 |
| Total securities | $157,929 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $1,079,611 |
| Loan and leases loss allowance | $14,396 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $13,370 |
| Other real estate owned | $94 |
| Goodwill and other intangibles | $3,295 |
| All other assets | $25,086 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $1,462,160 |
| Total Liabilities | $1,239,786 |
| Total deposits | $1,150,774 |
| Interest-bearing deposits | $934,502 |
| Deposits held in domestic offices | $1,150,774 |
| % insured (estimated) | $81 |
| Federal funds purchased and repurchase agreements | $7,179 |
| Trading liabilities | $0 |
| Other borrowed funds | $70,036 |
| Subordinated debt | $0 |
| All other liabilities | $11,797 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $1,079,611 |
| Loan and leases loss allowance | $14,396 |
| Total loans and leases (domestic) | $1,094,007 |
| All real estate loans | $763,177 |
| Real estate loans in domestic offices | $763,177 |
| Construction and development loans | $59,619 |
| Residential 1-4 family construction | $16,841 |
| Other construction, all land development and other land | $42,778 |
| Loans secured by nonfarm nonresidential properties | $450,643 |
| Nonfarm nonresidential secured by owner-occupied properties | $65,995 |
| Commercial real estate & other non-farm, non-residential | $384,648 |
| Multifamily residential real estate | $50,878 |
| 1-4 family residential loans | $199,090 |
| Farmland loans | $2,947 |
| Loans held in foreign offices | $0 |
| Farm loans | $1,293 |
| Commercial and industrial loans | $263,080 |
| To non-U.S. addressees | $9,950 |
| Loans to individuals | $13,861 |
| Credit card loans | $3,044 |
| Related Plans | $602 |
| Consumer Auto Loans | $679 |
| Other loans to individuals | $9,536 |
| All other loans & leases | $52,596 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $32,551 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $5,034 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $8,535 |
| Non 1-4 family restructured loans & leases | $8,468 |
| Total loans and leases (foreign) | $0 |
Academy Bank had $1,079,611,000 of loans outstanding in 2018. $763,177,000 of loans were in real estate loans. $59,619,000 of loans were in development loans. $50,878,000 of loans were in multifamily mortgage loans. $199,090,000 of loans were in 1-4 family mortgage loans. $1,293,000 of loans were in farm loans. $3,044,000 of loans were in credit card loans. $679,000 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 | 104 | $40,500 | $389,423 |
| Nonfarm, nonresidential loans - <$100k | 12 | $26 | $2,167 |
| Nonfarm, nonresidential loans - $100-250k | 13 | $1,681 | $129,308 |
| Nonfarm, nonresidential loans - $250k-1MM | 79 | $38,793 | $491,051 |
| Commercial & Industrial, US addressed loans - <$1MM | 193 | $11,907 | $61,694 |
| Commercial & Industrial, US addressed loans - <$100k | 103 | $1,356 | $13,165 |
| Commercial & Industrial, US addressed loans - $100-250k | 38 | $3,347 | $88,079 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 52 | $7,204 | $138,538 |
| Farmland loans - <$1MM | 15 | $2,330 | $155,333 |
| Farmland loans - <$100k | 5 | $301 | $60,200 |
| Farmland loans - $100-250k | 4 | $645 | $161,250 |
| Farmland loans - $250k-1MM | 6 | $1,384 | $230,667 |
| Agriculture operations loans - <$1MM | 14 | $551 | $39,357 |
| Agriculture operations loans - <$100k | 10 | $188 | $18,800 |
| Agriculture operations loans - $250k-1MM | 4 | $363 | $90,750 |