Atlantic Capital Bank Mortgage Rates, Fees & Info
Chattanooga, TNLEI: 549300NYPTCONPN5C616
Tax ID: 62-1816536
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Mortgage Data
Bank Data
Review & Overview
Atlantic Capital Bank is a smaller bank specializing in Home Purchase loans. Atlantic Capital Bank has a high proportion of conventional loans. Their top markets by origination volume include: Atlanta, Chattanooga, Dalton, Morristown, and Knoxville among others. We have data for 19 markets. (Some data included below & more in-depth data is available with an active subscription.)Atlantic Capital Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
337Origination Dollar Volume (All Markets)
$104,165,000Employee count
334Top 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 |
|---|---|---|---|---|---|
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 69 | $54,905,000 | $795,725 | $0 | 0.00% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 115 | $23,455,000 | $203,957 | $0 | 0.00% |
| DALTON, GA (FHA|USDA|VA) | 63 | $5,905,000 | $93,730 | $0 | 0.00% |
| MORRISTOWN, TN (FHA|USDA|VA) | 34 | $4,020,000 | $118,235 | $0 | 0.00% |
| KNOXVILLE, TN (FHA|USDA|VA) | 20 | $3,170,000 | $158,500 | $0 | 0.00% |
| CLEVELAND, TN (FHA|USDA|VA) | 13 | $2,345,000 | $180,385 | $0 | 0.00% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 3 | $2,045,000 | $681,667 | $0 | 0.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $1,575,000 | $1,575,000 | $0 | 0.00% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 3 | $1,445,000 | $481,667 | $0 | 0.00% |
| Sevierville, TN (FHA|USDA|VA) | 5 | $1,325,000 | $265,000 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $875,000 | $875,000 | $0 | 0.00% |
| Calhoun, GA (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $225,000 | $225,000 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| ROME, GA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 337 | $104,165,000 | $309,095 | $0 | 0.00% |
For 2018, Atlantic Capital Bank's most frequently originated type of loan was Conventional, with 337 originations.
Loan Reason
For 2018, Atlantic Capital Bank's most frequently cited loan purpose was Home Purchase, with 145 originations. The 2nd most popular reason was Other, with 72 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 337 | $104,165,000 | $309,095 | $0 | 0.00% |
For 2018, Atlantic Capital Bank's most frequently cited loan duration was Other, with 337 originations.
Loan Sizing
2018 saw Atlantic Capital Bank place emphasis on $100,000 or less loans with 122 originations, totaling $6,370,000 in origination value.
Applicant Income
Atlantic Capital Bank lent most frequently to those with incomes in the $50k-75k range, with 64 originations. The second most popular income band? $50k or less, with 60 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 337 | $104,165,000 | $309,095 | $0 | 0.00% |
Atlantic Capital Bank lent most frequently to those with DTI ratios of Exempt%, with 337 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications79.43%
Atlantic Capital Bank has a below average approval rate.
Pick Rate
Approvals leading to origination80.71%
Atlantic Capital Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 337 | $104,165,000 | $309,095 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 3 | $26,875,000 | $8,958,333 |
| Single Family (1-4 Units):Site-Built | 334 | $77,290,000 | $231,407 |
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Atlantic Union Bankshares, Inc. | Other type of mortgage | Trouble during payment process | 1 | 50.0% |
| Atlantic Union Bankshares, Inc. | 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) |
|---|---|---|---|
| Atlantic Capital Bank, National Association | 1013 South Hwy 92 Dandridge, TN 37725 | Full Service B&M | $27,225 |
| Atlantic Capital Bank, National Association | 1110 Market Street Suite 300 Chattanooga, TN 37402 | Full Service B&M | $73,693 |
| Atlantic Capital Bank, National Association | 1111 Northshore Drive Ste P-100 Knoxville, TN 37919 | Full Service B&M | $74,518 |
| Atlantic Capital Bank, National Association | 1237 North Glenwood Ave Dalton, GA 30721 | Full Service B&M | $0 |
| Atlantic Capital Bank, National Association | 1301 Cowart Street Chattanooga, TN 37402 | Limited, Drive-thru | $0 |
| Atlantic Capital Bank, National Association | 155 North Campbell Station Road Knoxville, TN 37922 | Full Service B&M | $10,604 |
| Atlantic Capital Bank, National Association | 167 West Broadway Boulevard Jefferson City, TN 37760 | Full Service B&M | $102,218 |
| Atlantic Capital Bank, National Association | 1740 Gunbarrel Road Chattanooga, TN 37421 | Full Service B&M | $16,442 |
| Atlantic Capital Bank, National Association | 2905 Maynardville Highway Maynardville, TN 37807 | Full Service B&M | $30,452 |
| Atlantic Capital Bank, National Association | 2918 East Walnut Avenue Dalton, GA 30721 | Full Service B&M | $52 |
| Atlantic Capital Bank, National Association | 3895 Cleveland Road Dalton, GA 30720 | Full Service B&M | $20,586 |
| Atlantic Capital Bank, National Association | 401 South Thornton Avenue Dalton, GA 30720 | Full Service B&M | $148,461 |
| Atlantic Capital Bank, National Association | 4227 Ringgold Road Chattanooga, TN 37412 | Full Service B&M | $31,124 |
| Atlantic Capital Bank, National Association | 5188 Highway 153 Hixson, TN 37343 | Full Service B&M | $14,394 |
| Atlantic Capital Bank, National Association | 52 Mouse Creek Rd Cleveland, TN 37312 | Full Service B&M | $0 |
| Atlantic Capital Bank, National Association | 715 South Thorton Avenue Dalton, GA 30720 | Full Service B&M | $0 |
| Atlantic Capital Bank, National Association | 9217 Lee Hwy Ooltewah, TN 37363 | Full Service B&M | $32,989 |
| Atlantic Capital Bank, National Association | 945 East Paces Ferry Road , Suite 1600 Atlanta, GA 30326 | Full Service B&M | $1,499,876 |
For 2018, Atlantic Capital Bank had 18 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $94,760 |
| Net interest income | $79,170 |
| Total noninterest income | $13,049 |
| Gross Fiduciary activities income | $1,025 |
| Service charges on deposit accounts | $3,215 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $8,809 |
| Pre-tax net operating income | $40,268 |
| Securities gains (or losses, -) | $-1,855 |
| Income before extraordinary items | $31,016 |
| Discontinued Operations (Extraordinary gains, net) | $482 |
| Net income of bank and minority interests | $31,498 |
| Minority interest net income | $0 |
| Net income | $31,498 |
| Sale, conversion, retirement of capital stock, net | $3,226 |
| Net operating income | $32,518 |
Atlantic Capital Bank's gross interest income from loans was $94,760,000.
Atlantic Capital Bank's net interest income from loans was $79,170,000.
Atlantic Capital Bank's fee based income from loans was $3,215,000.
Atlantic Capital Bank's net income from loans was $31,498,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $15,590 |
| Provision for credit losses | $1,946 |
| Total noninterest expense | $50,005 |
| Salaries and employee benefits | $31,766 |
| Premises and equipment expense | $5,789 |
| Additional noninterest expense | $12,450 |
| Applicable income taxes | $7,397 |
| Net charge-offs | $342 |
| Cash dividends | $30,000 |
Atlantic Capital Bank's interest expense for loans was $15,590,000.
Atlantic Capital Bank's payroll and benefits expense were $31,766,000.
Atlantic Capital Bank's property, plant and equipment expenses $5,789,000.
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 | 1.0% |
| HELOC loans | 0.0% |
| All other family | 1.0% |
| Commercial & industrial loans | 0.0% |
| 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 | $2,568,512 |
| Deposits held in domestic offices | $2,568,512 |
| Deposits by Individuals, partnerships, and corporations | $2,089,878 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $39,790 |
| Deposits by Commercial banks and other depository institutions in U.S. | $438,844 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $405,970 |
| Demand deposits | $332,447 |
| Nontransaction accounts | $2,162,542 |
| Money market deposit accounts (MMDAs) | $1,973,153 |
| Other savings deposits (excluding MMDAs) | $27,350 |
| Total time deposits | $162,040 |
| Total time and savings deposits | $2,236,065 |
| Noninterest-bearing deposits | $602,252 |
| Interest-bearing deposits | $1,966,260 |
| Retail deposits | $2,437,024 |
| IRAs and Keogh plan accounts | $12,869 |
| Brokered deposits | $99,242 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $2,955,181 |
| Cash & Balances due from depository institutions | $259,472 |
| Interest-bearing balances | $216,040 |
| Total securities | $402,486 |
| Federal funds sold & reverse repurchase | $9,457 |
| Net loans and leases | $2,089,141 |
| Loan and leases loss allowance | $17,851 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $15,551 |
| Other real estate owned | $874 |
| Goodwill and other intangibles | $26,077 |
| All other assets | $152,123 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $2,955,181 |
| Total Liabilities | $2,611,870 |
| Total deposits | $2,568,512 |
| Interest-bearing deposits | $1,966,260 |
| Deposits held in domestic offices | $2,568,512 |
| % insured (estimated) | $32 |
| Federal funds purchased and repurchase agreements | $6,220 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $37,138 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $2,089,141 |
| Loan and leases loss allowance | $17,851 |
| Total loans and leases (domestic) | $2,106,992 |
| All real estate loans | $1,331,025 |
| Real estate loans in domestic offices | $1,331,025 |
| Construction and development loans | $169,752 |
| Residential 1-4 family construction | $5,005 |
| Other construction, all land development and other land | $164,747 |
| Loans secured by nonfarm nonresidential properties | $874,751 |
| Nonfarm nonresidential secured by owner-occupied properties | $399,570 |
| Commercial real estate & other non-farm, non-residential | $475,181 |
| Multifamily residential real estate | $95,612 |
| 1-4 family residential loans | $180,099 |
| Farmland loans | $10,811 |
| Loans held in foreign offices | $0 |
| Farm loans | $0 |
| Commercial and industrial loans | $703,719 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $15,135 |
| Credit card loans | $0 |
| Related Plans | $6,619 |
| Consumer Auto Loans | $592 |
| Other loans to individuals | $7,924 |
| All other loans & leases | $59,626 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $59,626 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $13,368 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $8,238 |
| Non 1-4 family restructured loans & leases | $8,238 |
| Total loans and leases (foreign) | $0 |
Atlantic Capital Bank had $2,089,141,000 of loans outstanding in 2018. $1,331,025,000 of loans were in real estate loans. $169,752,000 of loans were in development loans. $95,612,000 of loans were in multifamily mortgage loans. $180,099,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $592,000 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 | 441 | $160,024 | $362,866 |
| Nonfarm, nonresidential loans - <$100k | 92 | $4,967 | $53,989 |
| Nonfarm, nonresidential loans - $100-250k | 101 | $16,696 | $165,307 |
| Nonfarm, nonresidential loans - $250k-1MM | 248 | $138,361 | $557,907 |
| Commercial & Industrial, US addressed loans - <$1MM | 587 | $132,039 | $224,939 |
| Commercial & Industrial, US addressed loans - <$100k | 273 | $10,687 | $39,147 |
| Commercial & Industrial, US addressed loans - $100-250k | 126 | $21,322 | $169,222 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 188 | $100,030 | $532,074 |
| Farmland loans - <$1MM | 26 | $5,594 | $215,154 |
| Farmland loans - <$100k | 6 | $218 | $36,333 |
| Farmland loans - $100-250k | 9 | $1,621 | $180,111 |
| Farmland loans - $250k-1MM | 11 | $3,755 | $341,364 |