Anb Bank Mortgage Rates, Fees & Info

Denver, CO

LEI: 549300UHQ3UXVA4AGM53

Tax ID: 84-0532189

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
  • Similar Lenders
  • 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

    Anb Bank is a smaller bank specializing in Refi and Home Purchase loans. Anb Bank has a high proportion of conventional loans. Their top markets by origination volume include: Glenwood Springs, Denver, Fort Collins, Edwards, and Colorado Springs among others. We have data for 22 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. Anb Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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

    499

    Origination Dollar Volume (All Markets)

    $179,365,000

    Employee count

    505

    Awards

    ANB Bank 30 Year Conventional Loans gold ANB Bank 30 Year Conventional Loans silver
    Show all (2) awards

    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
    Glenwood Springs, CO (FHA|USDA|VA) 41 $48,165,000 $1,174,756 $7,448 3.94%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 76 $32,220,000 $423,947 $2,851 4.07%
    FORT COLLINS, CO (FHA|USDA|VA) 32 $24,320,000 $760,000 $1,757 4.10%
    Outside of Metro Areas 61 $14,765,000 $242,049 $2,733 3.89%
    Edwards, CO (FHA|USDA|VA) 15 $9,895,000 $659,667 $3,355 3.98%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 36 $8,730,000 $242,500 $2,586 3.99%
    Laramie, WY (FHA|USDA|VA) 42 $7,590,000 $180,714 $1,286 3.80%
    GRAND JUNCTION, CO (FHA|USDA|VA) 53 $6,365,000 $120,094 $1,103 4.20%
    CHEYENNE, WY (FHA|USDA|VA) 46 $5,960,000 $129,565 $1,130 3.75%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 26 $5,680,000 $218,462 $1,233 4.06%
    GREELEY, CO (FHA|USDA|VA) 20 $5,640,000 $282,000 $2,459 3.89%
    BOULDER, CO (FHA|USDA|VA) 10 $2,640,000 $264,000 $2,975 4.40%
    Gillette, WY (FHA|USDA|VA) 17 $2,055,000 $120,882 $817 3.81%
    CASPER, WY (FHA|USDA|VA) 9 $1,345,000 $149,444 $1,196 3.79%
    LAWRENCE, KS (FHA|USDA|VA) 2 $1,300,000 $650,000 $1,090 4.06%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $1,070,000 $535,000 $7,175 3.88%
    PUEBLO, CO (FHA|USDA|VA) 3 $385,000 $128,333 $1,560 4.04%
    Steamboat Springs, CO (FHA|USDA|VA) 1 $375,000 $375,000 $1,825 3.63%
    Sheridan, WY (FHA|USDA|VA) 4 $330,000 $82,500 $782 3.84%
    Spearfish, SD (FHA|USDA|VA) 1 $285,000 $285,000 $2,690 3.75%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $195,000 $195,000 $2,296 3.75%
    Montrose, CO (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.13%
    Anb Bank's top markets include Glenwood Springs, Denver, Fort Collins, Edwards, and Colorado Springs among others.

    Their top states include:
  • Colorado (FHA|USDA|VA)
  • Wyoming (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)

    • 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.

    WESTERN VISTA
    Similarity Rank: 60
    Pinnacle Bank - Wyoming
    Similarity Rank: 252
    The District Federal Credit Union
    Similarity Rank: 441
    DENVER COMMUNITY
    Similarity Rank: 732
    United Fidelity Bank, fsb
    Similarity Rank: 792
    LANDED HOME LOANS LLC
    Similarity Rank: 1040
    Jonah Bank of Wyoming
    Similarity Rank: 1092
    BLUE BRICK FINANCIAL LLC
    Similarity Rank: 1175
    FOOTHILLS
    Similarity Rank: 1336
    WHITE CROWN FEDERAL CREDIT UNION
    Similarity Rank: 2260

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 499 $179,365,000 $359,449 $2,425 3.97%

    For 2020, Anb Bank's most frequently originated type of loan was Conventional, with 499 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 221 $66,155,000 $299,344 $1,944 3.90%
    Home Purchase 211 $103,145,000 $488,839 $3,407 3.96%
    Other 37 $6,415,000 $173,378 $2,400 4.12%
    Home Improvement 30 $3,650,000 $121,667 $337 4.41%

    For 2020, Anb Bank's most frequently cited loan purpose was Refi, with 221 originations. The 2nd most popular reason was Home Purchase, with 211 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 174 $59,990,000 $344,770 $3,026 3.89%
    15 Year 158 $31,970,000 $202,342 $1,720 4.00%
    10 Year 105 $21,225,000 $202,143 $409 3.89%
    1 Year 23 $19,885,000 $864,565 $8,810 4.66%
    5 Year 20 $1,890,000 $94,500 $338 3.92%
    Other 16 $34,980,000 $2,186,250 $466 4.20%
    3 Year 3 $9,425,000 $3,141,667 $0 3.79%

    For 2020, Anb Bank's most frequently cited loan duration was 30 Year, with 174 originations. The 2nd most popular length was 15 Year, with 158 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 266 $41,460,000 $155,865
    $5k+ 26 $38,310,000 $1,473,462
    $1k-2k 12 $2,500,000 $208,333
    $4k-5k 5 $2,915,000 $583,000
    $2k-3k 4 $1,820,000 $455,000
    $3k-4k 2 $700,000 $350,000

    Anb Bank's average total fees were $3,026, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 266 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 347 $115,215,000 $332,032
    4-5% 120 $51,990,000 $433,250
    5-6% 26 $4,030,000 $155,000
    2.5-3% 6 $8,130,000 $1,355,000

    During 2020, Anb Bank's average interest rate for loans was 3.89%, while their most frequently originated rate bucket for loans was 3-4%, with 347 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 187 $9,735,000 $52,059 $463 3.95%
    $100k-200k 126 $18,740,000 $148,730 $1,312 3.95%
    $200k-400k 110 $31,540,000 $286,727 $1,822 4.00%
    $1MM+ 35 $93,455,000 $2,670,143 $19,215 4.08%
    $400k-600k 22 $10,750,000 $488,636 $3,740 3.92%
    $600k-1MM 19 $15,145,000 $797,105 $9,949 4.05%

    2020 saw Anb Bank place emphasis on $100,000 or less loans with 187 originations, totaling $9,735,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 109 $9,085,000 $83,349 $893 3.81%
    $50k-75k 84 $10,340,000 $123,095 $1,130 3.83%
    $75k-100k 60 $9,210,000 $153,500 $1,136 3.98%
    $100k-150k 48 $9,610,000 $200,208 $1,681 4.14%
    $250k+ 46 $39,160,000 $851,304 $10,463 4.01%
    $150k-250k 44 $16,440,000 $373,636 $4,011 4.07%

    Anb Bank lent most frequently to those with incomes in the $50k or less range, with 109 originations. The second most popular income band? $50k-75k, with 84 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 366 $87,720,000 $239,672 $2,434 3.90%
    Not applicable 88 $81,050,000 $921,023 $931 4.28%
    Not provided 25 $6,195,000 $247,800 $3,410 3.92%
    Asian 9 $2,185,000 $242,778 $1,964 4.00%
    Black 5 $915,000 $183,000 $680 4.08%
    Korean 3 $905,000 $301,667 $0 4.25%
    American Indian 2 $300,000 $150,000 $1,388 3.75%
    Other Asian 1 $95,000 $95,000 $100 3.88%

    Approval Rates

    Total approvals of all applications
    85.32%

    Anb Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    74.35%

    Anb Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 2 $30,000 $15,000
    10.0 25 $1,125,000 $45,000
    100.0 1 $25,000 $25,000
    110.0 4 $170,000 $42,500
    120.0 1 $115,000 $115,000
    185.0 1 $25,000 $25,000
    235.0 4 $180,000 $45,000
    270.0 1 $35,000 $35,000
    30.0 2 $90,000 $45,000
    460.0 4 $200,000 $50,000
    485.0 2 $110,000 $55,000
    560.0 2 $120,000 $60,000
    60.2 4 $170,000 $42,500
    75.0 1 $25,000 $25,000
    75.2 1 $15,000 $15,000
    NA 444 $176,930,000 $398,491

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 25 $43,925,000 $1,757,000
    Single Family (1-4 Units):Manufactured 104 $7,890,000 $75,865
    Single Family (1-4 Units):Site-Built 370 $127,550,000 $344,730

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 90 $23,380,000 $259,778 $1,888 4.00%
    40-60% 106 $26,580,000 $250,755 $2,937 3.95%
    60-80% 207 $119,275,000 $576,208 $3,308 3.96%
    80-100% 30 $3,310,000 $110,333 $4,136 3.67%
    Under 20% 66 $6,820,000 $103,333 $507 4.17%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Anb Bank 130 Robinson Street Basalt, CO 81621 Full Service B&M $7,069
    Anb Bank 15 West Cimarron Street Colorado Springs, CO 80903 Full Service B&M $222,680
    Anb Bank 101 East Colorado Avenue, Unit A Telluride, CO 81435 Full Service B&M $33,128
    Anb Bank 1130 North Circle Drive Colorado Springs, CO 80932 Full Service B&M $71,831
    Anb Bank 11830 West 135th Street Lenexa, KS 66221 Full Service B&M $69,474
    Anb Bank 131 North Sixth Street Grand Junction, CO 81501 Full Service B&M $101,482
    Anb Bank 1360 Walnut Street Boulder, CO 80302 Full Service B&M $51,606
    Anb Bank 15301 W 87th Street Parkway Lenexa, KS 66219 Full Service B&M $139,133
    Anb Bank 2015 Central Avenue Cheyenne, WY 82001 Full Service B&M $248,209
    Anb Bank 2108 Milestone Drive Fort Collins, CO 80525 Full Service B&M $45,364
    Anb Bank 2399 F Road Grand Junction, CO 81505 Full Service B&M $38,199
    Anb Bank 2608 North 12th Street Grand Junction, CO 81501 Full Service B&M $82,648
    Anb Bank 2624 S Grand Ave Glenwood Springs, CO 81601 Full Service B&M $58,528
    Anb Bank 3033 East First Avenue Denver, CO 80206 Full Service B&M $449,524
    Anb Bank 325 East Main Street Aspen, CO 81611 Full Service B&M $95,968
    Anb Bank 3355 E Pershing Blvd Cheyenne, WY 82001 Full Service Retail $6,977
    Anb Bank 3755 Briargate Boulevard Colorado Springs, CO 80920 Full Service B&M $49,082
    Anb Bank 3851 Sol Danza Drive Castle Rock, CO 80109 Full Service B&M $31,827
    Anb Bank 3908 Grand Avenue Laramie, WY 82070 Full Service B&M $169,942
    Anb Bank 409 Delores Way Carbondale, CO 81623 Full Service B&M $37,997
    Anb Bank 429 Railroad Avenue Rifle, CO 81650 Full Service B&M $43,662
    Anb Bank 444 17th Street Denver, CO 80202 Full Service B&M $147,036
    Anb Bank 4799 N Academy Blvd Colorado Springs, CO 80918 Full Service B&M $64,076
    Anb Bank 485 East 2nd Street Casper, WY 82601 Full Service B&M $48,842
    Anb Bank 50 Chambers Avenue Eagle, CO 81631 Full Service B&M $34,731
    Anb Bank 569-A 32 Road Clifton, CO 81520 Full Service Retail $42,055
    Anb Bank 700 Big Horn Avenue Worland, WY 82401 Full Service B&M $48,965
    Anb Bank 71 Beaver Creek Place Avon, CO 81620 Full Service B&M $27,602
    Anb Bank 800 East 7th Street Gillette, WY 82716 Full Service B&M $16,485
    Anb Bank 808 West Eisenhower Blvd Loveland, CO 80537 Full Service B&M $9,257
    Anb Bank 99 South Main Street Buffalo, WY 82834 Full Service B&M $43,032

    For 2020, Anb Bank had 31 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $98,609
    Net interest income $94,721
    Total noninterest income $12,119
    Gross Fiduciary activities income $3,729
    Service charges on deposit accounts $1,967
    Trading account gains and fees $0
    Additional Noninterest Income $6,423
    Pre-tax net operating income $32,399
    Securities gains (or losses, -) $2,811
    Income before extraordinary items $35,134
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $35,134
    Minority interest net income $0
    Net income $35,134
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $32,323

    Anb Bank's gross interest income from loans was $98,609,000.
    Anb Bank's net interest income from loans was $94,721,000.
    Anb Bank's fee based income from loans was $1,967,000.
    Anb Bank's net income from loans was $35,134,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,888
    Provision for credit losses $5,240
    Total noninterest expense $69,201
    Salaries and employee benefits $39,923
    Premises and equipment expense $10,501
    Additional noninterest expense $18,777
    Applicable income taxes $76
    Net charge-offs $2,053
    Cash dividends $5,600

    Anb Bank's interest expense for loans was $3,888,000.
    Anb Bank's payroll and benefits expense were $39,923,000.
    Anb Bank's property, plant and equipment expenses $10,501,000.

    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 0.0%
    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 $2,843,776
    Deposits held in domestic offices $2,843,776
    Deposits by Individuals, partnerships, and corporations $2,713,058
    Deposits by U.S. Government $2,783
    Deposits by States and political subdivisions in the U.S. $127,146
    Deposits by Commercial banks and other depository institutions in U.S. $789
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $298,173
    Demand deposits $170,444
    Nontransaction accounts $2,545,603
    Money market deposit accounts (MMDAs) $863,437
    Other savings deposits (excluding MMDAs) $1,558,553
    Total time deposits $123,613
    Total time and savings deposits $2,673,332
    Noninterest-bearing deposits $1,053,677
    Interest-bearing deposits $1,790,099
    Retail deposits $2,804,238
    IRAs and Keogh plan accounts $22,366
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $3,331,005
    Cash & Balances due from depository institutions $89,008
    Interest-bearing balances $59,968
    Total securities $1,326,046
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,715,775
    Loan and leases loss allowance $18,519
    Trading account assets $0
    Bank premises and fixed assets $164,223
    Other real estate owned $565
    Goodwill and other intangibles $0
    All other assets $35,388

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $3,331,005
    Total Liabilities $3,051,150
    Total deposits $2,843,776
    Interest-bearing deposits $1,790,099
    Deposits held in domestic offices $2,843,776
    % insured (estimated) $56
    Federal funds purchased and repurchase agreements $144,740
    Trading liabilities $0
    Other borrowed funds $50,000
    Subordinated debt $0
    All other liabilities $12,634

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,715,775
    Loan and leases loss allowance $18,519
    Total loans and leases (domestic) $1,734,294
    All real estate loans $1,183,710
    Real estate loans in domestic offices $1,183,710
    Construction and development loans $127,072
    Residential 1-4 family construction $43,177
    Other construction, all land development and other land $83,895
    Loans secured by nonfarm nonresidential properties $458,109
    Nonfarm nonresidential secured by owner-occupied properties $261,623
    Commercial real estate & other non-farm, non-residential $196,486
    Multifamily residential real estate $72,032
    1-4 family residential loans $463,635
    Farmland loans $62,862
    Loans held in foreign offices $0
    Farm loans $7,501
    Commercial and industrial loans $383,427
    To non-U.S. addressees $0
    Loans to individuals $8,414
    Credit card loans $0
    Related Plans $787
    Consumer Auto Loans $1,518
    Other loans to individuals $6,109
    All other loans & leases $151,242
    Loans to foreign governments and official institutions $0
    Other loans $1,863
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $11,884
    Loans secured by real estate to non-U.S. addressees $2,242
    Restructured Loans & leases $24
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    ANB Bank had $1,715,775,000 of loans outstanding in 2020. $1,183,710,000 of loans were in real estate loans. $127,072,000 of loans were in development loans. $72,032,000 of loans were in multifamily mortgage loans. $463,635,000 of loans were in 1-4 family mortgage loans. $7,501,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,518,000 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 376 $107,221 $285,162
    Nonfarm, nonresidential loans - <$100k 50 $1,841 $36,820
    Nonfarm, nonresidential loans - $100-250k 111 $15,165 $136,622
    Nonfarm, nonresidential loans - $250k-1MM 215 $90,215 $419,605
    Commercial & Industrial, US addressed loans - <$1MM 4,586 $186,498 $40,667
    Commercial & Industrial, US addressed loans - <$100k 4,001 $52,757 $13,186
    Commercial & Industrial, US addressed loans - $100-250k 346 $46,453 $134,257
    Commercial & Industrial, US addressed loans - $250k-1MM 239 $87,288 $365,222
    Farmland loans - <$1MM 28 $4,467 $159,536
    Farmland loans - <$100k 5 $160 $32,000
    Farmland loans - $100-250k 12 $1,366 $113,833
    Farmland loans - $250k-1MM 11 $2,941 $267,364
    Agriculture operations loans - <$1MM 57 $2,894 $50,772
    Agriculture operations loans - <$100k 36 $807 $22,417
    Agriculture operations loans - $100-250k 18 $1,344 $74,667
    Agriculture operations loans - $250k-1MM 3 $743 $247,667