Atlantic Capital Bank Mortgage Rates, Fees & Info

Chattanooga, TN

LEI: 549300NYPTCONPN5C616

Tax ID: 62-1816536

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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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 and Refi loans. Atlantic Capital Bank has a high proportion of conventional loans. Their top markets by origination volume include: Columbus, Edwards, and Atlanta among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Atlantic Capital Bank has an above average approval rate when compared to the average across all 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.

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    Originations

    6

    Origination Dollar Volume (All Markets)

    $18,490,000

    Employee count

    201

    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
    COLUMBUS, GA-AL (FHA|USDA|VA) 1 $10,105,000 $10,105,000 $0 0.00%
    Edwards, CO (FHA|USDA|VA) 1 $6,005,000 $6,005,000 $0 0.00%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $1,400,000 $700,000 $0 0.00%
    Outside of Metro Areas 2 $980,000 $490,000 $0 0.00%
    Atlantic Capital Bank's top markets include Columbus, Edwards, and Atlanta among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 6 $18,490,000 $3,081,667 $0 0.00%

    For 2020, Atlantic Capital Bank's most frequently originated type of loan was Conventional, with 6 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3 $11,085,000 $3,695,000 $0 0.00%
    Refi 2 $6,550,000 $3,275,000 $0 0.00%
    Cash Out Refi 1 $855,000 $855,000 $0 0.00%

    For 2020, Atlantic Capital Bank's most frequently cited loan purpose was Home Purchase, with 3 originations. The 2nd most popular reason was Refi, with 2 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 6 $18,490,000 $3,081,667 $0 0.00%

    For 2020, Atlantic Capital Bank's most frequently cited loan duration was Other, with 6 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $400k-600k 3 $1,525,000 $508,333 $0 0.00%
    $1MM+ 2 $16,110,000 $8,055,000 $0 0.00%
    $600k-1MM 1 $855,000 $855,000 $0 0.00%

    2020 saw Atlantic Capital Bank place emphasis on $400k-600k loans with 3 originations, totaling $1,525,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 2 $980,000 $490,000 $0 0.00%
    $100k-150k 1 $545,000 $545,000 $0 0.00%

    Atlantic Capital Bank lent most frequently to those with incomes in the $250k+ range, with 2 originations. The second most popular income band? $100k-150k, with 1 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 6 $18,490,000 $3,081,667 $0 0.00%

    Atlantic Capital Bank lent most frequently to those with DTI ratios of Exempt%, with 6 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 3 $16,965,000 $5,655,000 $0 0.00%
    White 3 $1,525,000 $508,333 $0 0.00%

    Approval Rates

    Total approvals of all applications
    100.00%

    Atlantic Capital Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 6 $18,490,000 $3,081,667

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 2 $10,960,000 $5,480,000
    Single Family (1-4 Units):Site-Built 4 $7,530,000 $1,882,500

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    Atlantic Union Bankshares, Inc. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Atlantic Capital Bank, National Association 1550 Timothy Road, 2nd Floor Athens, GA 30606 Full Service B&M $34,114
    Atlantic Capital Bank, National Association 3033 Maple Drive Ne Atlanta, GA 30305 Full Service B&M $2,385,267
    Atlantic Capital Bank, National Association 945 E Paces Ferry Rd Ne, Ste 1600 Atlanta, GA 30326 Full Service B&M $0

    For 2020, Atlantic Capital Bank had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $98,995
    Net interest income $91,080
    Total noninterest income $11,400
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $4,871
    Trading account gains and fees $0
    Additional Noninterest Income $6,529
    Pre-tax net operating income $32,475
    Securities gains (or losses, -) $-23
    Income before extraordinary items $26,467
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $26,467
    Minority interest net income $0
    Net income $26,467
    Sale, conversion, retirement of capital stock, net $3,170
    Net operating income $26,485

    Atlantic Capital Bank's gross interest income from loans was $98,995,000.
    Atlantic Capital Bank's net interest income from loans was $91,080,000.
    Atlantic Capital Bank's fee based income from loans was $4,871,000.
    Atlantic Capital Bank's net income from loans was $26,467,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $7,915
    Provision for credit losses $17,446
    Total noninterest expense $52,559
    Salaries and employee benefits $34,228
    Premises and equipment expense $6,520
    Additional noninterest expense $11,811
    Applicable income taxes $5,985
    Net charge-offs $2,355
    Cash dividends $12,500

    Atlantic Capital Bank's interest expense for loans was $7,915,000.
    Atlantic Capital Bank's payroll and benefits expense were $34,228,000.
    Atlantic Capital Bank's property, plant and equipment expenses $6,520,000.

    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 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 $3,179,202
    Deposits held in domestic offices $3,179,202
    Deposits by Individuals, partnerships, and corporations $2,724,270
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $32,136
    Deposits by Commercial banks and other depository institutions in U.S. $422,796
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $719,790
    Demand deposits $529,566
    Nontransaction accounts $2,459,412
    Money market deposit accounts (MMDAs) $2,217,459
    Other savings deposits (excluding MMDAs) $625
    Total time deposits $241,328
    Total time and savings deposits $2,649,636
    Noninterest-bearing deposits $1,051,460
    Interest-bearing deposits $2,127,742
    Retail deposits $3,172,420
    IRAs and Keogh plan accounts $0
    Brokered deposits $94,399
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $3,614,882
    Cash & Balances due from depository institutions $653,444
    Interest-bearing balances $636,537
    Total securities $535,579
    Federal funds sold & reverse repurchase $0
    Net loans and leases $2,217,218
    Loan and leases loss allowance $31,818
    Trading account assets $0
    Bank premises and fixed assets $20,605
    Other real estate owned $16
    Goodwill and other intangibles $22,656
    All other assets $165,364

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $3,614,882
    Total Liabilities $3,219,407
    Total deposits $3,179,202
    Interest-bearing deposits $2,127,742
    Deposits held in domestic offices $3,179,202
    % insured (estimated) $21
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $40,205

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $2,217,218
    Loan and leases loss allowance $31,818
    Total loans and leases (domestic) $2,249,036
    All real estate loans $1,120,301
    Real estate loans in domestic offices $1,120,301
    Construction and development loans $145,595
    Residential 1-4 family construction $1,171
    Other construction, all land development and other land $144,424
    Loans secured by nonfarm nonresidential properties $842,839
    Nonfarm nonresidential secured by owner-occupied properties $373,689
    Commercial real estate & other non-farm, non-residential $469,150
    Multifamily residential real estate $66,262
    1-4 family residential loans $59,226
    Farmland loans $6,379
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $952,805
    To non-U.S. addressees $0
    Loans to individuals $170,445
    Credit card loans $0
    Related Plans $294
    Consumer Auto Loans $0
    Other loans to individuals $170,151
    All other loans & leases $13,139
    Loans to foreign governments and official institutions $0
    Other loans $13,139
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $5,764
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $10,052
    Non 1-4 family restructured loans & leases $9,896
    Total loans and leases (foreign) $0

    Atlantic Capital Bank had $2,217,218,000 of loans outstanding in 2020. $1,120,301,000 of loans were in real estate loans. $145,595,000 of loans were in development loans. $66,262,000 of loans were in multifamily mortgage loans. $59,226,000 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 $108,715 $470,628
    Nonfarm, nonresidential loans - <$100k 32 $1,621 $50,656
    Nonfarm, nonresidential loans - $100-250k 38 $6,524 $171,684
    Nonfarm, nonresidential loans - $250k-1MM 161 $100,570 $624,658
    Commercial & Industrial, US addressed loans - <$1MM 1,367 $286,580 $209,642
    Commercial & Industrial, US addressed loans - <$100k 715 $29,401 $41,120
    Commercial & Industrial, US addressed loans - $100-250k 301 $47,376 $157,395
    Commercial & Industrial, US addressed loans - $250k-1MM 351 $209,803 $597,729
    Farmland loans - <$1MM 20 $6,379 $318,950
    Farmland loans - <$100k 2 $39 $19,500
    Farmland loans - $100-250k 7 $1,276 $182,286
    Farmland loans - $250k-1MM 11 $5,064 $460,364