Atlantic Capital Bank Mortgage Rates, Fees & Info

Chattanooga, TN

LEI: 549300NYPTCONPN5C616

Tax ID: 62-1816536

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    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, Raleigh, Dalton, and Jacksonville among others. We have data for 12 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.

    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.

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    Originations

    76

    Origination Dollar Volume (All Markets)

    $26,010,000

    Employee count

    204

    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
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 25 $9,035,000 $361,400 $0 0.00%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 19 $5,625,000 $296,053 $0 0.00%
    RALEIGH-CARY, NC (FHA|USDA|VA) 1 $5,335,000 $5,335,000 $0 0.00%
    Outside of Metro Areas 3 $2,375,000 $791,667 $0 0.00%
    DALTON, GA (FHA|USDA|VA) 15 $2,005,000 $133,667 $0 0.00%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $385,000 $385,000 $0 0.00%
    KNOXVILLE, TN (FHA|USDA|VA) 4 $360,000 $90,000 $0 0.00%
    MORRISTOWN, TN (FHA|USDA|VA) 3 $355,000 $118,333 $0 0.00%
    CLEVELAND, TN (FHA|USDA|VA) 1 $265,000 $265,000 $0 0.00%
    Calhoun, GA (FHA|USDA|VA) 1 $95,000 $95,000 $0 0.00%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 2 $90,000 $45,000 $0 0.00%
    SAVANNAH, GA (FHA|USDA|VA) 1 $85,000 $85,000 $0 0.00%
    Atlantic Capital Bank's top markets include Atlanta, Chattanooga, Raleigh, Dalton, and Jacksonville among others.

    Their top states include:
  • Georgia (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 76 $26,010,000 $342,237 $0 0.00%

    For 2019, Atlantic Capital Bank's most frequently originated type of loan was Conventional, with 76 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 28 $14,010,000 $500,357 $0 0.00%
    Other 18 $4,980,000 $276,667 $0 0.00%
    Refi 13 $3,635,000 $279,615 $0 0.00%
    Home Improvement 9 $1,415,000 $157,222 $0 0.00%
    Cash Out Refi 8 $1,970,000 $246,250 $0 0.00%

    For 2019, Atlantic Capital Bank's most frequently cited loan purpose was Home Purchase, with 28 originations. The 2nd most popular reason was Other, with 18 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 76 $26,010,000 $342,237 $0 0.00%

    For 2019, Atlantic Capital Bank's most frequently cited loan duration was Other, with 76 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 24 $3,180,000 $132,500 $0 0.00%
    $100,000 or less 18 $1,140,000 $63,333 $0 0.00%
    $200k-400k 16 $4,350,000 $271,875 $0 0.00%
    $400k-600k 7 $3,265,000 $466,429 $0 0.00%
    $600k-1MM 7 $5,245,000 $749,286 $0 0.00%
    $1MM+ 4 $8,830,000 $2,207,500 $0 0.00%

    2019 saw Atlantic Capital Bank place emphasis on $100k-200k loans with 24 originations, totaling $3,180,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 29 $11,205,000 $386,379 $0 0.00%
    $150k-250k 13 $3,865,000 $297,308 $0 0.00%
    $50k or less 10 $770,000 $77,000 $0 0.00%
    $100k-150k 9 $1,855,000 $206,111 $0 0.00%
    $75k-100k 5 $815,000 $163,000 $0 0.00%
    $50k-75k 4 $500,000 $125,000 $0 0.00%

    Atlantic Capital Bank lent most frequently to those with incomes in the $250k+ range, with 29 originations. The second most popular income band? $150k-250k, with 13 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 76 $26,010,000 $342,237 $0 0.00%

    Atlantic Capital Bank lent most frequently to those with DTI ratios of Exempt%, with 76 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 64 $17,220,000 $269,063 $0 0.00%
    Not applicable 6 $7,000,000 $1,166,667 $0 0.00%
    Not provided 6 $1,790,000 $298,333 $0 0.00%

    Approval Rates

    Total approvals of all applications
    82.20%

    Atlantic Capital Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    82.89%

    Atlantic Capital Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 76 $26,010,000 $342,237

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 2 $6,370,000 $3,185,000
    Single Family (1-4 Units):Site-Built 74 $19,640,000 $265,405

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    Atlantic Union Bankshares, Inc. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 33.3%
    Atlantic Union Bankshares, Inc. Conventional home mortgage Closing on a mortgage 1 33.3%
    Atlantic Union Bankshares, Inc. Conventional home mortgage Trouble during payment process 1 33.3%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Atlantic Capital Bank, National Association 945 East Paces Ferry Road Suite 1600 Atlanta, GA 30326 Full Service B&M $1,870,015

    For 2019, Atlantic Capital Bank had 1 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $105,846
    Net interest income $84,157
    Total noninterest income $11,223
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $3,585
    Trading account gains and fees $0
    Additional Noninterest Income $7,638
    Pre-tax net operating income $37,621
    Securities gains (or losses, -) $907
    Income before extraordinary items $29,699
    Discontinued Operations (Extraordinary gains, net) $23,464
    Net income of bank and minority interests $53,163
    Minority interest net income $0
    Net income $53,163
    Sale, conversion, retirement of capital stock, net $2,998
    Net operating income $28,982

    Atlantic Capital Bank's gross interest income from loans was $105,846,000.
    Atlantic Capital Bank's net interest income from loans was $84,157,000.
    Atlantic Capital Bank's fee based income from loans was $3,585,000.
    Atlantic Capital Bank's net income from loans was $53,163,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $21,689
    Provision for credit losses $2,712
    Total noninterest expense $55,047
    Salaries and employee benefits $34,535
    Premises and equipment expense $5,993
    Additional noninterest expense $14,519
    Applicable income taxes $8,829
    Net charge-offs $2,028
    Cash dividends $45,500

    Atlantic Capital Bank's interest expense for loans was $21,689,000.
    Atlantic Capital Bank's payroll and benefits expense were $34,535,000.
    Atlantic Capital Bank's property, plant and equipment expenses $5,993,000.

    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 2.0%
    All other family 0.0%
    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 $2,506,798
    Deposits held in domestic offices $2,506,798
    Deposits by Individuals, partnerships, and corporations $1,936,395
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $0
    Deposits by Commercial banks and other depository institutions in U.S. $570,403
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $585,665
    Demand deposits $417,547
    Nontransaction accounts $1,921,133
    Money market deposit accounts (MMDAs) $1,872,954
    Other savings deposits (excluding MMDAs) $1,219
    Total time deposits $46,960
    Total time and savings deposits $2,089,251
    Noninterest-bearing deposits $832,398
    Interest-bearing deposits $1,674,400
    Retail deposits $2,418,242
    IRAs and Keogh plan accounts $0
    Brokered deposits $81,847
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,909,446
    Cash & Balances due from depository institutions $466,364
    Interest-bearing balances $421,079
    Total securities $399,433
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,855,358
    Loan and leases loss allowance $18,536
    Trading account assets $0
    Bank premises and fixed assets $20,940
    Other real estate owned $278
    Goodwill and other intangibles $22,952
    All other assets $144,121

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,909,446
    Total Liabilities $2,540,981
    Total deposits $2,506,798
    Interest-bearing deposits $1,674,400
    Deposits held in domestic offices $2,506,798
    % insured (estimated) $17
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $16,865
    Subordinated debt $0
    All other liabilities $17,318

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,855,358
    Loan and leases loss allowance $18,536
    Total loans and leases (domestic) $1,873,894
    All real estate loans $1,108,078
    Real estate loans in domestic offices $1,108,078
    Construction and development loans $127,541
    Residential 1-4 family construction $4,009
    Other construction, all land development and other land $123,532
    Loans secured by nonfarm nonresidential properties $818,092
    Nonfarm nonresidential secured by owner-occupied properties $358,054
    Commercial real estate & other non-farm, non-residential $460,038
    Multifamily residential real estate $98,378
    1-4 family residential loans $56,317
    Farmland loans $7,750
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $705,345
    To non-U.S. addressees $0
    Loans to individuals $33,007
    Credit card loans $0
    Related Plans $1,611
    Consumer Auto Loans $0
    Other loans to individuals $31,396
    All other loans & leases $30,500
    Loans to foreign governments and official institutions $0
    Other loans $30,500
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $7,733
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $11,954
    Non 1-4 family restructured loans & leases $11,954
    Total loans and leases (foreign) $0

    Atlantic Capital Bank had $1,855,358,000 of loans outstanding in 2019. $1,108,078,000 of loans were in real estate loans. $127,541,000 of loans were in development loans. $98,378,000 of loans were in multifamily mortgage loans. $56,317,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $0 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 231 $99,398 $430,294
    Nonfarm, nonresidential loans - <$100k 32 $1,696 $53,000
    Nonfarm, nonresidential loans - $100-250k 41 $6,716 $163,805
    Nonfarm, nonresidential loans - $250k-1MM 158 $90,986 $575,861
    Commercial & Industrial, US addressed loans - <$1MM 517 $128,829 $249,186
    Commercial & Industrial, US addressed loans - <$100k 166 $8,335 $50,211
    Commercial & Industrial, US addressed loans - $100-250k 153 $24,882 $162,627
    Commercial & Industrial, US addressed loans - $250k-1MM 198 $95,612 $482,889
    Farmland loans - <$1MM 22 $4,838 $219,909
    Farmland loans - <$100k 3 $70 $23,333
    Farmland loans - $100-250k 10 $1,619 $161,900
    Farmland loans - $250k-1MM 9 $3,149 $349,889