Allied First Banksb Mortgage Rates, Fees & Info

Oswego, IL

LEI: 549300XRF9LCZ3RX3Q39

Tax ID: 36-3899872

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Mortgage Data

Bank Data

Review & Overview

Allied First Banksb is a smaller bank specializing in Refi and Home Purchase loans. Allied First Banksb has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Chicago, Washington, Punta Gorda, Baltimore, and Miami among others. We have data for 82 markets. (Some data included below & more in-depth data is available with an active subscription.)

Allied First Banksb has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Allied First Banksb 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.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.17% 4/22/24
30 Year Conventional Refi 6.03% 4/22/24
30 Year Cash-out Refi 6.49% 4/22/24
30 Year FHA Purchase 7.01% 4/22/24
30 Year FHA Refi 6.16% 4/22/24
30 Year VA Purchase 5.37% 4/22/24
30 Year VA Refi 6.27% 4/22/24
30 Year USDA Refi 6.27% 4/22/24
15 Year Conventional Purchase 5.58% 4/22/24
15 Year Conventional Refi 4.99% 4/22/24
15 Year Cash-out Refi 4.99% 4/22/24
15 Year FHA Refi 6.28% 4/22/24
15 Year VA Purchase 5.68% 4/22/24
15 Year VA Refi 5.68% 4/22/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Allied First Banksb Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Allied First Banksb. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

817

Origination Dollar Volume (All Markets)

$208,385,000

Employee count

342

Awards

Allied First Banksb 30 Year Conventional Loans silver Allied First Banksb 30 Year Conventional Loans silver Allied First Banksb 30 Year Conventional Loans gold Allied First Banksb VA Loans gold
Show all (4) 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
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 571 $141,415,000 $247,662 $3,266 2.99%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 24 $7,510,000 $312,917 $3,296 3.09%
PUNTA GORDA, FL (FHA|USDA|VA) 23 $5,775,000 $251,087 $4,785 2.74%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 14 $4,220,000 $301,429 $3,894 3.32%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 11 $2,615,000 $237,727 $4,076 3.08%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 5 $2,395,000 $479,000 $6,749 3.08%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 8 $2,200,000 $275,000 $4,023 3.16%
ST. LOUIS, MO-IL (FHA|USDA|VA) 9 $2,145,000 $238,333 $2,590 3.13%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 10 $2,110,000 $211,000 $3,555 2.89%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 6 $2,060,000 $343,333 $3,603 3.19%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 5 $1,915,000 $383,000 $3,873 3.30%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 6 $1,750,000 $291,667 $3,174 2.79%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 7 $1,655,000 $236,429 $2,899 3.07%
Ottawa, IL (FHA|USDA|VA) 7 $1,375,000 $196,429 $4,675 2.98%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 4 $1,290,000 $322,500 $2,275 2.84%
Outside of Metro Areas 7 $1,215,000 $173,571 $3,706 2.98%
KANKAKEE, IL (FHA|USDA|VA) 7 $1,215,000 $173,571 $3,727 2.96%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 3 $1,175,000 $391,667 $9,516 3.38%
RACINE, WI (FHA|USDA|VA) 4 $1,150,000 $287,500 $2,420 2.78%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 5 $1,125,000 $225,000 $4,003 3.15%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 2 $1,030,000 $515,000 $7,596 2.63%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $1,010,000 $505,000 $3,983 2.75%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $950,000 $475,000 $2,177 3.19%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 2 $770,000 $385,000 $5,212 2.69%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 3 $745,000 $248,333 $4,219 3.29%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 2 $710,000 $355,000 $6,348 2.38%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 2 $660,000 $330,000 $3,267 2.69%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $640,000 $320,000 $3,834 3.38%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $630,000 $315,000 $4,824 2.88%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $625,000 $208,333 $3,123 2.92%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $595,000 $198,333 $3,274 2.91%
WORCESTER, MA-CT (FHA|USDA|VA) 2 $540,000 $270,000 $3,252 3.63%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $515,000 $515,000 $3,889 4.75%
READING, PA (FHA|USDA|VA) 1 $495,000 $495,000 $5,249 3.25%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $460,000 $230,000 $3,693 2.87%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $405,000 $405,000 $4,050 3.00%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 2 $390,000 $195,000 $2,539 2.81%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $375,000 $375,000 $4,636 3.25%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $375,000 $375,000 $3,017 2.38%
ANCHORAGE, AK (FHA|USDA|VA) 1 $345,000 $345,000 $4,811 2.75%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $340,000 $170,000 $2,654 3.00%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $335,000 $335,000 $2,489 3.38%
FRESNO, CA (FHA|USDA|VA) 1 $335,000 $335,000 $17,827 3.50%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $325,000 $325,000 $2,949 2.25%
FOND DU LAC, WI (FHA|USDA|VA) 1 $325,000 $325,000 $8,607 3.13%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $315,000 $315,000 $3,541 2.63%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $305,000 $305,000 $9,324 3.75%
LOUISVILLE, KY (FHA|USDA|VA) 1 $295,000 $295,000 $3,038 3.25%
Cookeville, TN (FHA|USDA|VA) 1 $285,000 $285,000 $8,344 3.00%
Kirksville, MO (FHA|USDA|VA) 1 $285,000 $285,000 $2,006 3.25%
ROCKFORD, IL (FHA|USDA|VA) 2 $280,000 $140,000 $5,385 2.94%
Aberdeen, WA (FHA|USDA|VA) 1 $275,000 $275,000 $4,684 2.50%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $275,000 $275,000 $2,788 3.25%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $265,000 $265,000 $3,163 3.00%
WILMINGTON, NC (FHA|USDA|VA) 1 $265,000 $265,000 $1,342 2.75%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $265,000 $265,000 $3,374 2.50%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $255,000 $255,000 $3,309 3.38%
Dixon, IL (FHA|USDA|VA) 1 $255,000 $255,000 $5,637 3.50%
Stevens Point, WI (FHA|USDA|VA) 1 $245,000 $245,000 $2,498 2.88%
TUCSON, AZ (FHA|USDA|VA) 1 $245,000 $245,000 $3,549 3.13%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $235,000 $235,000 $2,439 2.88%
FORT COLLINS, CO (FHA|USDA|VA) 1 $235,000 $235,000 $3,615 3.38%
Whitewater, WI (FHA|USDA|VA) 1 $225,000 $225,000 $2,484 2.63%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $225,000 $225,000 $3,187 2.63%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $215,000 $215,000 $2,957 3.00%
Rochelle, IL (FHA|USDA|VA) 1 $215,000 $215,000 $2,161 2.88%
MADISON, WI (FHA|USDA|VA) 1 $215,000 $215,000 $2,612 2.50%
Outside of Metro Areas 1 $205,000 $205,000 $4,179 2.63%
Granbury, TX (FHA|USDA|VA) 1 $205,000 $205,000 $2,590 2.75%
OCALA, FL (FHA|USDA|VA) 1 $205,000 $205,000 $2,707 3.13%
Holland, MI (FHA|USDA|VA) 1 $195,000 $195,000 $3,319 2.99%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $195,000 $195,000 $7,489 2.25%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $195,000 $195,000 $2,799 2.88%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $195,000 $195,000 $1,193 3.38%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $195,000 $195,000 $2,807 2.63%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $175,000 $175,000 $3,079 2.50%
Moses Lake, WA (FHA|USDA|VA) 1 $175,000 $175,000 $2,651 2.88%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $175,000 $175,000 $8,746 6.63%
Mountain Home, AR (FHA|USDA|VA) 1 $115,000 $115,000 $2,710 3.38%
CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $95,000 $95,000 $5,480 6.38%
Galesburg, IL (FHA|USDA|VA) 1 $85,000 $85,000 $3,946 3.38%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $65,000 $65,000 $970 2.88%
Allied First Banksb's top markets include Chicago, Washington, Punta Gorda, Baltimore, and Miami among others.

Their top states include:
  • Illinois (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Allied First Banksb based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

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    Poli Mortgage Group, Inc.
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 741 $189,755,000 $256,080 $3,086 3.01%
    FHA 57 $12,985,000 $227,807 $8,022 3.09%
    VA 18 $5,490,000 $305,000 $5,070 2.65%
    HELOC 1 $155,000 $155,000 n/a 3.25%

    For 2020, Allied First Banksb's most frequently originated type of loan was Conventional, with 741 originations. Their 2nd most popular type was FHA, with 57 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 448 $115,720,000 $258,304 $2,615 2.87%
    Home Purchase 202 $51,190,000 $253,416 $5,796 3.24%
    Cash Out Refi 167 $41,475,000 $248,353 $2,984 3.08%

    For 2020, Allied First Banksb's most frequently cited loan purpose was Refi, with 448 originations. The 2nd most popular reason was Home Purchase, with 202 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 599 $157,955,000 $263,698 $3,872 3.12%
    15 Year 117 $25,015,000 $213,803 $2,465 2.56%
    20 Year 68 $18,430,000 $271,029 $2,382 2.88%
    10 Year 21 $3,875,000 $184,524 $2,087 2.57%
    Other 12 $3,110,000 $259,167 $2,223 2.93%

    For 2020, Allied First Banksb's most frequently cited loan duration was 30 Year, with 599 originations. The 2nd most popular length was 15 Year, with 117 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 752 $191,330,000 $254,428
    $<1k 23 $6,095,000 $265,000
    $5k+ 18 $5,650,000 $313,889
    $2k-3k 14 $3,340,000 $238,571
    $4k-5k 5 $1,175,000 $235,000
    $3k-4k 4 $640,000 $160,000

    Allied First Banksb's average total fees were $3,872, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 752 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 334 $87,100,000 $260,778
    3-4% 285 $72,345,000 $253,842
    <2.5% 170 $41,590,000 $244,647
    4-5% 17 $5,305,000 $312,059
    6-7% 10 $1,780,000 $178,000
    5-6% 1 $265,000 $265,000

    During 2020, Allied First Banksb's average interest rate for loans was 3.12%, while their most frequently originated rate bucket for loans was 2.5-3%, with 334 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 453 $124,605,000 $275,066 $3,580 2.98%
    $100k-200k 255 $40,505,000 $158,843 $3,112 3.00%
    $400k-600k 84 $38,890,000 $462,976 $3,878 3.00%
    $100,000 or less 21 $1,655,000 $78,810 $3,732 3.43%
    $600k-1MM 4 $2,730,000 $682,500 $4,848 3.84%

    2020 saw Allied First Banksb place emphasis on $200k-400k loans with 453 originations, totaling $124,605,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 235 $62,615,000 $266,447 $3,301 2.99%
    $150k-250k 164 $48,410,000 $295,183 $3,012 2.95%
    $75k-100k 164 $38,030,000 $231,890 $3,878 3.04%
    $50k-75k 146 $28,970,000 $198,425 $3,873 3.11%
    $50k or less 58 $12,420,000 $214,138 $3,853 2.95%
    $250k+ 41 $15,925,000 $388,415 $3,066 2.98%

    Allied First Banksb lent most frequently to those with incomes in the $100k-150k range, with 235 originations. The second most popular income band? $150k-250k, with 164 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 241 $62,375,000 $258,817 $3,131 3.01%
    30-36% 165 $41,505,000 $251,545 $3,273 3.01%
    <20% 68 $15,650,000 $230,147 $2,579 2.83%
    40% 36 $9,170,000 $254,722 $4,033 3.16%
    44% 33 $8,175,000 $247,727 $3,334 2.99%
    37% 29 $7,735,000 $266,724 $3,499 3.13%
    43% 28 $7,850,000 $280,357 $3,823 3.16%
    39% 27 $7,525,000 $278,704 $3,747 2.99%
    41% 25 $6,305,000 $252,200 $4,005 3.10%
    42% 24 $5,880,000 $245,000 $4,166 3.07%
    36% 22 $6,250,000 $284,091 $3,366 2.80%
    45% 21 $5,035,000 $239,762 $5,014 3.12%
    38% 20 $5,590,000 $279,500 $5,192 3.16%
    47% 16 $3,310,000 $206,875 $2,813 2.95%
    46% 12 $3,120,000 $260,000 $3,657 2.92%
    49% 12 $2,700,000 $225,000 $3,929 2.97%
    50-60% 11 $2,335,000 $212,273 $6,044 2.94%
    48% 9 $2,025,000 $225,000 $3,173 2.96%

    Allied First Banksb lent most frequently to those with DTI ratios of 20-30%, with 241 originations. The next most common DTI ratio? 30-36%, with 165 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 694 $176,820,000 $254,784 $3,379 3.01%
    Not provided 46 $10,940,000 $237,826 $3,273 2.89%
    Asian 35 $10,555,000 $301,571 $3,729 2.99%
    Black 36 $9,040,000 $251,111 $5,308 3.17%
    American Indian 4 $790,000 $197,500 $4,367 3.06%
    Asian Indian 2 $240,000 $120,000 $2,159 2.31%

    Approval Rates

    Total approvals of all applications
    98.15%

    Allied First Banksb 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
    87.64%

    Allied First Banksb has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 817 $208,385,000 $255,061

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 1 $165,000 $165,000
    Single Family (1-4 Units):Site-Built 816 $208,220,000 $255,172

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 22 $3,500,000 $159,091 $2,385 2.70%
    40-60% 130 $30,040,000 $231,077 $2,535 2.78%
    60-80% 377 $98,295,000 $260,729 $2,930 3.02%
    80-100% 284 $75,710,000 $266,585 $4,677 3.12%
    Over 100% 2 $470,000 $235,000 $9,025 2.50%
    Under 20% 2 $370,000 $185,000 $4,322 2.94%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Allied First Bank,sb 3201 Orchard Rd Oswego, IL 60543 Full Service B&M $104,377

    For 2020, Allied First Banksb had 1 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $4,047
    Net interest income $3,389
    Total noninterest income $102,889
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $54
    Trading account gains and fees $0
    Additional Noninterest Income $102,835
    Pre-tax net operating income $8,022
    Securities gains (or losses, -) $0
    Income before extraordinary items $5,762
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $5,762
    Minority interest net income $0
    Net income $5,762
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $5,762

    Allied First Banksb's gross interest income from loans was $4,047,000.
    Allied First Banksb's net interest income from loans was $3,389,000.
    Allied First Banksb's fee based income from loans was $54,000.
    Allied First Banksb's net income from loans was $5,762,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $658
    Provision for credit losses $475
    Total noninterest expense $97,781
    Salaries and employee benefits $70,121
    Premises and equipment expense $1,455
    Additional noninterest expense $26,205
    Applicable income taxes $2,260
    Net charge-offs $41
    Cash dividends $800

    Allied First Banksb's interest expense for loans was $658,000.
    Allied First Banksb's payroll and benefits expense were $70,121,000.
    Allied First Banksb's property, plant and equipment expenses $1,455,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 5.0%
    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 $114,004
    Deposits held in domestic offices $114,004
    Deposits by Individuals, partnerships, and corporations $93,388
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $3,024
    Deposits by Commercial banks and other depository institutions in U.S. $17,592
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $50,990
    Demand deposits $41,804
    Nontransaction accounts $63,014
    Money market deposit accounts (MMDAs) $22,458
    Other savings deposits (excluding MMDAs) $17,188
    Total time deposits $23,368
    Total time and savings deposits $72,200
    Noninterest-bearing deposits $42,347
    Interest-bearing deposits $71,657
    Retail deposits $103,747
    IRAs and Keogh plan accounts $2,872
    Brokered deposits $6,637
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $146,338
    Cash & Balances due from depository institutions $29,781
    Interest-bearing balances $10,234
    Total securities $6,584
    Federal funds sold & reverse repurchase $0
    Net loans and leases $94,019
    Loan and leases loss allowance $1,114
    Trading account assets $0
    Bank premises and fixed assets $7,563
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $8,391

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $146,338
    Total Liabilities $128,067
    Total deposits $114,004
    Interest-bearing deposits $71,657
    Deposits held in domestic offices $114,004
    % insured (estimated) $87
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $12,023
    Subordinated debt $0
    All other liabilities $2,040

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $94,019
    Loan and leases loss allowance $1,114
    Total loans and leases (domestic) $95,133
    All real estate loans $77,223
    Real estate loans in domestic offices $77,223
    Construction and development loans $2,221
    Residential 1-4 family construction $2,221
    Other construction, all land development and other land $0
    Loans secured by nonfarm nonresidential properties $6,921
    Nonfarm nonresidential secured by owner-occupied properties $2,584
    Commercial real estate & other non-farm, non-residential $4,337
    Multifamily residential real estate $0
    1-4 family residential loans $68,081
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $15,487
    To non-U.S. addressees $0
    Loans to individuals $2,424
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $1,910
    Other loans to individuals $514
    All other loans & leases $0
    Loans to foreign governments and official institutions $0
    Other loans $0
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $2,393
    Non 1-4 family restructured loans & leases $992
    Total loans and leases (foreign) $0

    Allied First Banksb had $94,019,000 of loans outstanding in 2020. $77,223,000 of loans were in real estate loans. $2,221,000 of loans were in development loans. $0 of loans were in multifamily mortgage loans. $68,081,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $1,910,000 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 20 $6,921 $346,050
    Nonfarm, nonresidential loans - $100-250k 11 $1,345 $122,273
    Nonfarm, nonresidential loans - $250k-1MM 9 $5,576 $619,556
    Commercial & Industrial, US addressed loans - <$1MM 207 $15,487 $74,816
    Commercial & Industrial, US addressed loans - <$100k 143 $3,267 $22,846
    Commercial & Industrial, US addressed loans - $100-250k 29 $3,270 $112,759
    Commercial & Industrial, US addressed loans - $250k-1MM 35 $8,950 $255,714