Anb Bank Mortgage Rates, Fees & Info
Denver, COLEI: 549300UHQ3UXVA4AGM53
Tax ID: 84-0532189
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Mortgage Data
Bank Data
Review & Overview
Anb Bank is a smaller bank specializing in Home Purchase and Refi loans. Anb Bank has a high proportion of conventional loans. Their top markets by origination volume include: Glenwood Springs, Denver, Fort Collins, Boulder, and Colorado Springs among others. We have data for 20 markets. (Some data included below & more in-depth data is available with an active subscription.)Anb 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
509Origination Dollar Volume (All Markets)
$212,885,000Employee count
516Top 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 |
|---|---|---|---|---|---|
| Glenwood Springs, CO (FHA|USDA|VA) | 88 | $54,740,000 | $622,045 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 77 | $53,845,000 | $699,286 | $0 | 0.00% |
| FORT COLLINS, CO (FHA|USDA|VA) | 49 | $23,565,000 | $480,918 | $0 | 0.00% |
| BOULDER, CO (FHA|USDA|VA) | 7 | $13,585,000 | $1,940,714 | $0 | 0.00% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 39 | $13,415,000 | $343,974 | $0 | 0.00% |
| Outside of Metro Areas | 34 | $12,910,000 | $379,706 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 52 | $10,330,000 | $198,654 | $0 | 0.00% |
| Edwards, CO (FHA|USDA|VA) | 13 | $8,725,000 | $671,154 | $0 | 0.00% |
| GREELEY, CO (FHA|USDA|VA) | 28 | $5,010,000 | $178,929 | $0 | 0.00% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 40 | $4,860,000 | $121,500 | $0 | 0.00% |
| CHEYENNE, WY (FHA|USDA|VA) | 29 | $4,645,000 | $160,172 | $0 | 0.00% |
| Laramie, WY (FHA|USDA|VA) | 26 | $3,530,000 | $135,769 | $0 | 0.00% |
| CASPER, WY (FHA|USDA|VA) | 14 | $980,000 | $70,000 | $0 | 0.00% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $815,000 | $815,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $0 | 0.00% |
| Gillette, WY (FHA|USDA|VA) | 7 | $475,000 | $67,857 | $0 | 0.00% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| Kapaa, HI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against ANB 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 | 509 | $212,885,000 | $418,242 | $0 | 0.00% |
For 2018, Anb Bank's most frequently originated type of loan was Conventional, with 509 originations.
Loan Reason
For 2018, Anb Bank's most frequently cited loan purpose was Home Purchase, with 258 originations. The 2nd most popular reason was Refi, with 181 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 509 | $212,885,000 | $418,242 | $0 | 0.00% |
For 2018, Anb Bank's most frequently cited loan duration was Other, with 509 originations.
Loan Sizing
2018 saw Anb Bank place emphasis on $100,000 or less loans with 183 originations, totaling $9,085,000 in origination value.
Applicant Income
Anb Bank lent most frequently to those with incomes in the $50k-75k range, with 87 originations. The second most popular income band? $50k or less, with 85 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 509 | $212,885,000 | $418,242 | $0 | 0.00% |
Anb Bank lent most frequently to those with DTI ratios of Exempt%, with 509 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.76%
Anb Bank has an average approval rate.
Pick Rate
Approvals leading to origination85.66%
Anb Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 509 | $212,885,000 | $418,242 |
Occupancy Type Mix
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| ANB Bank | 71 Beaver Creek Place Avon, CO 81620 | Full Service B&M | $22,814 |
| ANB Bank | 101 East Colorado Avenue, Unit A Telluride, CO 81435 | Full Service B&M | $28,383 |
| ANB Bank | 1130 North Circle Drive Colorado Springs, CO 80932 | Full Service B&M | $66,060 |
| ANB Bank | 11830 West 135th Street Lenexa, KS 66221 | Full Service B&M | $50,495 |
| ANB Bank | 131 North Sixth Street Grand Junction, CO 81501 | Full Service B&M | $152,962 |
| ANB Bank | 1360 Walnut Street Boulder, CO 80302 | Full Service B&M | $46,841 |
| ANB Bank | 15 West Cimarron Street Colorado Springs, CO 80903 | Full Service B&M | $157,836 |
| ANB Bank | 15301 W 87th Street Parkway Lenexa, KS 66219 | Full Service B&M | $119,692 |
| ANB Bank | 2015 Central Avenue Cheyenne, WY 82001 | Full Service B&M | $244,268 |
| ANB Bank | 2108 Milestone Drive Fort Collins, CO 80525 | Full Service B&M | $29,450 |
| ANB Bank | 2399 F Road Grand Junction, CO 81505 | Full Service B&M | $40,305 |
| ANB Bank | 2624 S Grand Ave Glenwood Springs, CO 81601 | Full Service B&M | $57,452 |
| ANB Bank | 2699 Patterson Road Grand Junction, CO 81506 | Full Service B&M | $57,280 |
| ANB Bank | 3033 East First Avenue Denver, CO 80206 | Full Service B&M | $387,027 |
| ANB Bank | 325 East Main Street Aspen, CO 81611 | Full Service B&M | $92,130 |
| ANB Bank | 3355 E Pershing Blvd Cheyenne, WY 82001 | Full Service Retail | $5,951 |
| ANB Bank | 3755 Briargate Boulevard Colorado Springs, CO 80920 | Full Service B&M | $42,138 |
| ANB Bank | 3851 Sol Danza Drive Castle Rock, CO 80109 | Full Service B&M | $23,061 |
| ANB Bank | 3908 Grand Avenue Laramie, WY 82070 | Full Service B&M | $130,908 |
| ANB Bank | 409 Delores Way Carbondale, CO 81623 | Full Service B&M | $51,412 |
| ANB Bank | 429 Railroad Avenue Rifle, CO 81650 | Full Service B&M | $42,270 |
| ANB Bank | 444 17th Street Denver, CO 80202 | Full Service B&M | $87,038 |
| ANB Bank | 4470 Forrest Hill Road Colorado Springs, CO 80907 | Full Service B&M | $34,089 |
| ANB Bank | 4799 N Academy Blvd Colorado Springs, CO 80918 | Full Service B&M | $43,208 |
| ANB Bank | 485 East 2nd Street Casper, WY 82601 | Full Service B&M | $47,080 |
| ANB Bank | 50 Chambers Avenue Eagle, CO 81631 | Full Service B&M | $32,295 |
| ANB Bank | 569-A 32 Road Clifton, CO 81520 | Full Service Retail | $37,793 |
| ANB Bank | 700 Big Horn Avenue Worland, WY 82401 | Full Service B&M | $43,887 |
| ANB Bank | 800 East 7th Street Gillette, WY 82716 | Full Service B&M | $13,758 |
| ANB Bank | 99 South Main Street Buffalo, WY 82834 | Full Service B&M | $42,620 |
For 2018, Anb Bank had 30 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $93,442 |
| Net interest income | $87,850 |
| Total noninterest income | $14,266 |
| Gross Fiduciary activities income | $4,007 |
| Service charges on deposit accounts | $2,680 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $7,579 |
| Pre-tax net operating income | $34,825 |
| Securities gains (or losses, -) | $-17 |
| Income before extraordinary items | $34,879 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $34,879 |
| Minority interest net income | $0 |
| Net income | $34,879 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $34,896 |
Anb Bank's gross interest income from loans was $93,442,000.
Anb Bank's net interest income from loans was $87,850,000.
Anb Bank's fee based income from loans was $2,680,000.
Anb Bank's net income from loans was $34,879,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $5,592 |
| Provision for credit losses | $1,811 |
| Total noninterest expense | $65,480 |
| Salaries and employee benefits | $38,633 |
| Premises and equipment expense | $9,004 |
| Additional noninterest expense | $17,843 |
| Applicable income taxes | $-71 |
| Net charge-offs | $221 |
| Cash dividends | $36,750 |
Anb Bank's interest expense for loans was $5,592,000.
Anb Bank's payroll and benefits expense were $38,633,000.
Anb Bank's property, plant and equipment expenses $9,004,000.
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 | $2,190,863 |
| Deposits held in domestic offices | $2,190,863 |
| Deposits by Individuals, partnerships, and corporations | $2,045,861 |
| Deposits by U.S. Government | $2,509 |
| Deposits by States and political subdivisions in the U.S. | $140,243 |
| Deposits by Commercial banks and other depository institutions in U.S. | $2,250 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $248,942 |
| Demand deposits | $169,156 |
| Nontransaction accounts | $1,941,921 |
| Money market deposit accounts (MMDAs) | $632,102 |
| Other savings deposits (excluding MMDAs) | $1,161,662 |
| Total time deposits | $148,157 |
| Total time and savings deposits | $2,021,707 |
| Noninterest-bearing deposits | $784,641 |
| Interest-bearing deposits | $1,406,222 |
| Retail deposits | $2,138,870 |
| IRAs and Keogh plan accounts | $21,679 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $2,567,131 |
| Cash & Balances due from depository institutions | $54,492 |
| Interest-bearing balances | $20,559 |
| Total securities | $712,417 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $1,582,648 |
| Loan and leases loss allowance | $16,148 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $157,784 |
| Other real estate owned | $2,891 |
| Goodwill and other intangibles | $0 |
| All other assets | $56,899 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $2,567,131 |
| Total Liabilities | $2,367,467 |
| Total deposits | $2,190,863 |
| Interest-bearing deposits | $1,406,222 |
| Deposits held in domestic offices | $2,190,863 |
| % insured (estimated) | $63 |
| Federal funds purchased and repurchase agreements | $166,036 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $10,568 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $1,582,648 |
| Loan and leases loss allowance | $16,148 |
| Total loans and leases (domestic) | $1,598,796 |
| All real estate loans | $1,245,242 |
| Real estate loans in domestic offices | $1,245,242 |
| Construction and development loans | $145,451 |
| Residential 1-4 family construction | $60,147 |
| Other construction, all land development and other land | $85,304 |
| Loans secured by nonfarm nonresidential properties | $503,958 |
| Nonfarm nonresidential secured by owner-occupied properties | $264,894 |
| Commercial real estate & other non-farm, non-residential | $239,064 |
| Multifamily residential real estate | $52,230 |
| 1-4 family residential loans | $456,803 |
| Farmland loans | $86,800 |
| Loans held in foreign offices | $0 |
| Farm loans | $27,076 |
| Commercial and industrial loans | $181,359 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $7,330 |
| Credit card loans | $0 |
| Related Plans | $1,155 |
| Consumer Auto Loans | $1,787 |
| Other loans to individuals | $4,388 |
| All other loans & leases | $137,789 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $3,919 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $6,077 |
| Loans secured by real estate to non-U.S. addressees | $1,599 |
| Restructured Loans & leases | $334 |
| Non 1-4 family restructured loans & leases | $234 |
| Total loans and leases (foreign) | $0 |
ANB Bank had $1,582,648,000 of loans outstanding in 2018. $1,245,242,000 of loans were in real estate loans. $145,451,000 of loans were in development loans. $52,230,000 of loans were in multifamily mortgage loans. $456,803,000 of loans were in 1-4 family mortgage loans. $27,076,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,787,000 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 | 366 | $103,592 | $283,038 |
| Nonfarm, nonresidential loans - <$100k | 45 | $1,610 | $35,778 |
| Nonfarm, nonresidential loans - $100-250k | 113 | $14,851 | $131,425 |
| Nonfarm, nonresidential loans - $250k-1MM | 208 | $87,131 | $418,899 |
| Commercial & Industrial, US addressed loans - <$1MM | 1,543 | $47,063 | $30,501 |
| Commercial & Industrial, US addressed loans - <$100k | 1,335 | $6,405 | $4,798 |
| Commercial & Industrial, US addressed loans - $100-250k | 98 | $8,555 | $87,296 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 110 | $32,103 | $291,845 |
| Farmland loans - <$1MM | 24 | $4,650 | $193,750 |
| Farmland loans - <$100k | 5 | $246 | $49,200 |
| Farmland loans - $100-250k | 9 | $1,212 | $134,667 |
| Farmland loans - $250k-1MM | 10 | $3,192 | $319,200 |
| Agriculture operations loans - <$1MM | 68 | $4,956 | $72,882 |
| Agriculture operations loans - <$100k | 38 | $1,236 | $32,526 |
| Agriculture operations loans - $100-250k | 21 | $2,011 | $95,762 |
| Agriculture operations loans - $250k-1MM | 9 | $1,709 | $189,889 |