First American Bank Mortgage Rates, Fees & Info

Elk Grove Village, IL

LEI: XC7Z0BA39TU7L1AKOJ12

Tax ID: 36-1078850

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Mortgage Data

Bank Data

Review & Overview

First American Bank is a smaller bank specializing in Refi and Home Purchase loans. First American Bank has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Miami, Kankakee, St. Louis, and Las Vegas among others. We have data for 45 markets. (Some data included below & more in-depth data is available with an active subscription.)

First American 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. First American 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.

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
Home Equity Line of Credit (HELOC) 6.27% 3/28/24
30 Year Conventional Purchase 6.68% 3/28/24
30 Year Conventional Refi 6.47% 3/28/24
30 Year Cash-out Refi 6.68% 3/28/24
30 Year FHA Purchase 6.27% 3/28/24
30 Year FHA Refi 6.27% 3/28/24
30 Year VA Purchase 6.27% 3/28/24
15 Year Conventional Purchase 6.18% 3/28/24
15 Year Conventional Refi 5.96% 3/28/24
15 Year Cash-out Refi 5.96% 3/28/24
15 Year FHA Refi 5.68% 3/28/24
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.

First American Bank Mortgage Calculator






Your Estimates

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

This is not an official calculator from First American Bank. 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

1,650

Origination Dollar Volume (All Markets)

$221,100,000

Employee count

688

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) 1,454 $189,240,000 $130,151 $1,715 4.71%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 65 $9,475,000 $145,769 $1,206 4.76%
KANKAKEE, IL (FHA|USDA|VA) 39 $2,505,000 $64,231 $1,203 4.67%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $2,285,000 $2,285,000 $0 4.38%
Outside of Metro Areas 9 $2,095,000 $232,778 $2,629 4.64%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 5 $1,865,000 $373,000 $3,369 4.33%
Heber, UT (FHA|USDA|VA) 1 $1,405,000 $1,405,000 $4,608 4.13%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 9 $1,275,000 $141,667 $2,302 5.03%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 7 $1,025,000 $146,429 $3,452 4.78%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 4 $900,000 $225,000 $3,821 4.62%
Whitewater, WI (FHA|USDA|VA) 4 $780,000 $195,000 $1,285 4.91%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $635,000 $211,667 $2,917 4.17%
Key West, FL (FHA|USDA|VA) 3 $625,000 $208,333 $2,276 5.04%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $580,000 $145,000 $3,253 4.59%
ROCKFORD, IL (FHA|USDA|VA) 5 $515,000 $103,000 $1,795 4.96%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $425,000 $425,000 $4,466 3.88%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $415,000 $415,000 $3,914 4.25%
RACINE, WI (FHA|USDA|VA) 5 $375,000 $75,000 $2,214 4.70%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $355,000 $355,000 $0 5.25%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $355,000 $355,000 $4,560 4.75%
NILES, MI (FHA|USDA|VA) 2 $350,000 $175,000 $2,682 4.13%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $335,000 $335,000 $3,284 4.50%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $305,000 $305,000 $4,039 4.75%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $290,000 $145,000 $0 5.31%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $240,000 $120,000 $0 4.75%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $215,000 $215,000 $4,136 4.50%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $205,000 $205,000 $185 6.25%
BRUNSWICK, GA (FHA|USDA|VA) 1 $205,000 $205,000 $3,433 5.13%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $205,000 $205,000 $0 5.00%
Ottawa, IL (FHA|USDA|VA) 1 $195,000 $195,000 $2,606 4.63%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $155,000 $155,000 $0 5.50%
LaGrange, GA-AL (FHA|USDA|VA) 1 $155,000 $155,000 $3,218 4.75%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $145,000 $145,000 $0 4.75%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $135,000 $135,000 $0 4.75%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $125,000 $125,000 $1,871 3.88%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $115,000 $115,000 $2,372 4.50%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.25%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.25%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $85,000 $85,000 $1,969 4.13%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.74%
Marinette, WI-MI (FHA|USDA|VA) 1 $75,000 $75,000 $2,510 4.25%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $45,000 $45,000 $0 5.49%
Dixon, IL (FHA|USDA|VA) 1 $35,000 $35,000 $0 4.88%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $35,000 $35,000 $205 5.50%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $35,000 $35,000 $0 5.99%
First American Bank's top markets include Chicago, Miami, Kankakee, St. Louis, and Las Vegas among others.

Their top states include:
  • Illinois (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 893 $100,315,000 $112,335 n/a 4.52%
    Conventional 757 $120,785,000 $159,557 $1,736 4.95%

    For 2018, First American Bank's most frequently originated type of loan was HELOC, with 893 originations. Their 2nd most popular type was Conventional, with 757 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 765 $96,375,000 $125,980 $893 4.61%
    Home Improvement 259 $21,125,000 $81,564 $142 4.93%
    Home Purchase 255 $59,285,000 $232,490 $3,845 4.74%
    Other 253 $21,095,000 $83,379 $208 4.83%
    Cash Out Refi 118 $23,220,000 $196,780 $2,482 4.64%

    For 2018, First American Bank's most frequently cited loan purpose was Refi, with 765 originations. The 2nd most popular reason was Home Improvement, with 259 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    10 Year 1,069 $110,535,000 $103,400 $78 4.69%
    30 Year 258 $65,080,000 $252,248 $3,389 4.71%
    15 Year 138 $24,080,000 $174,493 $2,603 4.32%
    Other 88 $9,930,000 $112,841 $291 5.45%
    5 Year 47 $3,795,000 $80,745 $26 5.23%
    20 Year 33 $5,535,000 $167,727 $2,745 4.52%
    3 Year 15 $1,685,000 $112,333 $36 5.05%
    1 Year 2 $460,000 $230,000 $0 5.13%

    For 2018, First American Bank's most frequently cited loan duration was 10 Year, with 1,069 originations. The 2nd most popular length was 30 Year, with 258 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 483 $63,975,000 $132,453
    $1k-2k 130 $22,620,000 $174,000
    $2k-3k 13 $3,725,000 $286,538
    $3k-4k 2 $520,000 $260,000
    $5k+ 2 $910,000 $455,000
    $4k-5k 1 $215,000 $215,000

    First American Bank's average total fees were $3,389, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 483 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 733 $113,965,000 $155,477
    3-4% 422 $55,350,000 $131,161
    5-6% 410 $46,110,000 $112,463
    6-7% 78 $5,120,000 $65,641
    7-8% 5 $345,000 $69,000
    2.5-3% 2 $210,000 $105,000

    During 2018, First American Bank's average interest rate for loans was 4.71%, while their most frequently originated rate bucket for loans was 4-5%, with 733 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 757 $36,905,000 $48,752 $508 4.92%
    $100k-200k 566 $73,680,000 $130,177 $2,484 4.52%
    $200k-400k 258 $68,290,000 $264,690 $3,116 4.60%
    $400k-600k 50 $23,040,000 $460,800 $3,636 4.64%
    $600k-1MM 12 $8,960,000 $746,667 $3,676 4.28%
    $1MM+ 7 $10,225,000 $1,460,714 $5,240 4.44%

    2018 saw First American Bank place emphasis on $100,000 or less loans with 757 originations, totaling $36,905,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 367 $43,525,000 $118,597 $1,883 4.66%
    $150k-250k 309 $42,465,000 $137,427 $1,618 4.77%
    $50k-75k 279 $26,075,000 $93,459 $1,554 4.76%
    $75k-100k 259 $27,765,000 $107,201 $1,634 4.75%
    $250k+ 191 $45,475,000 $238,089 $1,940 4.59%
    $50k or less 189 $15,955,000 $84,418 $1,859 4.62%

    First American Bank lent most frequently to those with incomes in the $100k-150k range, with 367 originations. The second most popular income band? $150k-250k, with 309 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 382 $47,300,000 $123,822 $1,732 4.58%
    30-36% 299 $35,285,000 $118,010 $1,843 4.66%
    <20% 139 $21,525,000 $154,856 $1,584 4.65%
    45% 89 $9,805,000 $110,169 $1,638 4.71%
    40% 84 $9,590,000 $114,167 $1,390 4.75%
    39% 82 $8,140,000 $99,268 $996 4.91%
    38% 74 $10,140,000 $137,027 $1,784 4.79%
    37% 65 $7,385,000 $113,615 $1,487 4.63%
    44% 56 $7,440,000 $132,857 $1,547 4.56%
    36% 54 $5,320,000 $98,519 $899 4.78%
    43% 45 $5,465,000 $121,444 $2,124 4.67%
    42% 43 $6,005,000 $139,651 $2,219 4.71%
    41% 38 $4,810,000 $126,579 $2,314 4.68%
    50-60% 36 $5,010,000 $139,167 $1,811 5.17%
    >60% 36 $5,520,000 $153,333 $1,297 5.19%
    49% 22 $4,560,000 $207,273 $2,479 4.60%
    48% 18 $2,390,000 $132,778 $2,007 4.89%
    46% 18 $3,120,000 $173,333 $2,456 4.66%
    47% 18 $3,240,000 $180,000 $2,729 4.80%

    First American Bank lent most frequently to those with DTI ratios of 20-30%, with 382 originations. The next most common DTI ratio? 30-36%, with 299 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,374 $174,720,000 $127,162 $1,720 4.70%
    Not applicable 46 $17,300,000 $376,087 $0 5.38%
    Asian 84 $11,730,000 $139,643 $1,994 4.57%
    Not provided 75 $10,385,000 $138,467 $2,316 4.68%
    Black 47 $4,605,000 $97,979 $1,563 4.90%
    Asian Indian 8 $890,000 $111,250 $1,749 4.58%
    American Indian 10 $860,000 $86,000 $0 5.01%
    Other Pacific Islander 1 $315,000 $315,000 $1,773 3.88%
    Other Asian 2 $190,000 $95,000 $0 4.88%
    Native Hawaiian or Islander 2 $80,000 $40,000 $0 5.19%
    Filipino 1 $25,000 $25,000 $0 5.88%

    Approval Rates

    Total approvals of all applications
    70.46%

    First American Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    70.36%

    First American Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,650 $221,100,000 $134,000

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 27 $14,225,000 $526,852
    Single Family (1-4 Units):Manufactured 1 $65,000 $65,000
    Single Family (1-4 Units):Site-Built 1,622 $206,810,000 $127,503

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 427 $49,685,000 $116,358 $1,012 4.62%
    40-60% 223 $39,275,000 $176,121 $2,515 4.47%
    60-80% 363 $79,365,000 $218,636 $2,819 4.68%
    80-100% 97 $24,525,000 $252,835 $3,509 4.60%
    Over 100% 3 $525,000 $175,000 $355 5.25%
    Under 20% 537 $27,725,000 $51,629 $66 4.94%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    FIRST HORIZON BANK Conventional home mortgage Struggling to pay mortgage 3 21.4%
    FIRST HORIZON BANK Other type of mortgage Trouble during payment process 1 7.1%
    FIRST HORIZON BANK Home equity loan or line of credit (HELOC) Trouble during payment process 1 7.1%
    FIRST HORIZON BANK Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 7.1%
    FIRST HORIZON BANK Home equity loan or line of credit (HELOC) Problem with a credit reporting company's investigation into an existing problem 1 7.1%
    FIRST HORIZON BANK Home equity loan or line of credit (HELOC) Incorrect information on your report 1 7.1%
    FIRST HORIZON BANK FHA mortgage Trouble during payment process 1 7.1%
    FIRST HORIZON BANK Conventional home mortgage Trouble during payment process 5 35.7%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    First American Bank 101 Meadowview Center Kankakee, IL 60901 Full Service B&M $65,574
    First American Bank 11821 S. Western Avenue Chicago, IL 60643 Full Service B&M $7,404
    First American Bank 1241 S. Wabash Avenue Chicago, IL 60605 Full Service B&M $11,608
    First American Bank 1290 W. Boughton Road Bolingbrook, IL 60440 Full Service B&M $30,443
    First American Bank 1345 West Diversey Chicago, IL 60614 Full Service B&M $34,879
    First American Bank 1350 22nd Avenue Kenosha, WI 53140 Full Service B&M $42,062
    First American Bank 14245 South La Grange Road Orland Park, IL 60462 Full Service Retail $12,062
    First American Bank 1430 Golf Road Rolling Meadows, IL 60008 Full Service B&M $14,106
    First American Bank 14741 Founders Crossing Homer Glen, IL 60491 Full Service B&M $12,008
    First American Bank 15 Riverside Road Riverside, IL 60546 Full Service B&M $102,387
    First American Bank 1780 West Fullerton Avenue Addison, IL 60101 Full Service B&M $46,000
    First American Bank 1789 South Randall Road Geneva, IL 60134 Full Service B&M $73,753
    First American Bank 1818 West Jefferson Street Joliet, IL 60434 Full Service B&M $62,388
    First American Bank 1865 South Cedar Lake Road Round Lake, IL 60073 Full Service B&M $7,876
    First American Bank 1906 East Grand Avenue Lindenhurst, IL 60046 Full Service B&M $22,106
    First American Bank 2001 North Manheim Road Melrose Park, IL 60160 Full Service B&M $53,567
    First American Bank 201 South State Street Hampshire, IL 60140 Full Service B&M $66,193
    First American Bank 2013 75th Street Darien, IL 60561 Full Service B&M $19,402
    First American Bank 20704 S. Cicero Avenue Matteson, IL 60443 Full Service B&M $13,632
    First American Bank 2101 Willow Road Glenview, IL 60025 Full Service B&M $28,307
    First American Bank 218 West Main Street Dundee, IL 60118 Full Service B&M $152,826
    First American Bank 2295 Galiano Street Coral Gables, FL 33134 Full Service B&M $80,096
    First American Bank 23604 75th Street Salem, WI 53168 Full Service B&M $20,589
    First American Bank 261 S. Western Ave. Carpentersville, IL 60110 Full Service B&M $49,706
    First American Bank 288 North Main Street Bourbonnais, IL 60914 Full Service B&M $26,333
    First American Bank 2901 East Main Street St Charles, IL 60174 Full Service B&M $28,150
    First American Bank 3024 Reflection Drive Naperville, IL 60564 Full Service B&M $10,235
    First American Bank 3054 East New York Street Aurora, IL 60504 Full Service B&M $22,877
    First American Bank 3205 Mall Loop Drive Joliet, IL 60431 Full Service B&M $26,265
    First American Bank 3221 West 87th Street Evergreen Park, IL 60805 Full Service B&M $7,196
    First American Bank 33 South Rand Road Lake Zurich, IL 60047 Full Service B&M $33,344
    First American Bank 33 West Monroe Chicago, IL 60603 Full Service B&M $108,687
    First American Bank 356 W. Armitage Avenue Chicago, IL 60614 Full Service B&M $18,786
    First American Bank 395 W. Higgins Road Hoffman Estates, IL 60169 Full Service B&M $14,456
    First American Bank 4501 South Pulaski Road Chicago, IL 60632 Full Service B&M $10,537
    First American Bank 4611 Golf Road Skokie, IL 60076 Full Service B&M $349,005
    First American Bank 500 Grand Avenue Lake Villa, IL 60046 Full Service B&M $72,082
    First American Bank 5000 North Elston Avenue Chicago, IL 60630 Full Service B&M $64,229
    First American Bank 6200 West 95th Street Oak Lawn, IL 60453 Full Service B&M $26,403
    First American Bank 632 Randall Road South Elgin, IL 60177 Full Service B&M $20,001
    First American Bank 643 North Fairbanks Court Chicago, IL 60611 Full Service B&M $15,299
    First American Bank 700 Busse Road Elk Grove Village, IL 60007 Full Service B&M $228,818
    First American Bank 700 Busse Road Elk Grove Village, IL 60007 Full Service Cyber Office $447,835
    First American Bank 700 East Ogden Avenue Naperville, IL 60563 Full Service B&M $22,584
    First American Bank 7005 Grand Avenue Gurnee, IL 60031 Full Service B&M $21,361
    First American Bank 701 North Milwaukee Avenue Vernon Hills, IL 60061 Full Service B&M $39,456
    First American Bank 7027 Green Bay Road Kenosha, WI 53142 Full Service B&M $177,659
    First American Bank 721 Meacham Road Elk Grove Village, IL 60007 Full Service B&M $10,007
    First American Bank 739 E. Boughton Road Bolingbrook, IL 60440 Full Service B&M $9,970
    First American Bank 80 Stratford Square Drive Bloomingdale, IL 60108 Full Service B&M $40,372
    First American Bank 814 Civic Center Drive Niles, IL 60714 Full Service B&M $32,490
    First American Bank 830 Roosevelt Road Glen Ellyn, IL 60137 Full Service B&M $21,142
    First American Bank 970 S. Route 59 Bartlett, IL 60103 Full Service B&M $23,287
    First American Bank One Bank Lane Buffalo Grove, IL 60089 Full Service B&M $69,282

    For 2018, First American Bank had 54 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $163,163
    Net interest income $117,435
    Total noninterest income $30,919
    Gross Fiduciary activities income $13,166
    Service charges on deposit accounts $7,691
    Trading account gains and fees $270
    Additional Noninterest Income $9,792
    Pre-tax net operating income $39,155
    Securities gains (or losses, -) $-1,651
    Income before extraordinary items $37,326
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $37,326
    Minority interest net income $0
    Net income $37,326
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $38,977

    First American Bank's gross interest income from loans was $163,163,000.
    First American Bank's net interest income from loans was $117,435,000.
    First American Bank's fee based income from loans was $7,691,000.
    First American Bank's net income from loans was $37,326,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $45,728
    Provision for credit losses $600
    Total noninterest expense $108,599
    Salaries and employee benefits $67,838
    Premises and equipment expense $12,480
    Additional noninterest expense $28,281
    Applicable income taxes $178
    Net charge-offs $-1,498
    Cash dividends $57,159

    First American Bank's interest expense for loans was $45,728,000.
    First American Bank's payroll and benefits expense were $67,838,000.
    First American Bank's property, plant and equipment expenses $12,480,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 2.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 1.0%
    All other family 1.0%
    Commercial & industrial loans 1.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $3,841,894
    Deposits held in domestic offices $3,841,894
    Deposits by Individuals, partnerships, and corporations $3,640,586
    Deposits by U.S. Government $1
    Deposits by States and political subdivisions in the U.S. $183,630
    Deposits by Commercial banks and other depository institutions in U.S. $17,677
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $587,679
    Demand deposits $477,385
    Nontransaction accounts $3,254,215
    Money market deposit accounts (MMDAs) $1,125,030
    Other savings deposits (excluding MMDAs) $1,252,628
    Total time deposits $876,557
    Total time and savings deposits $3,364,509
    Noninterest-bearing deposits $1,012,202
    Interest-bearing deposits $2,829,692
    Retail deposits $3,260,565
    IRAs and Keogh plan accounts $42,319
    Brokered deposits $491,352
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $5,324,440
    Cash & Balances due from depository institutions $140,723
    Interest-bearing balances $75,517
    Total securities $3,262,709
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,749,862
    Loan and leases loss allowance $22,641
    Trading account assets $13,984
    Bank premises and fixed assets $73,929
    Other real estate owned $887
    Goodwill and other intangibles $23,388
    All other assets $58,958

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $5,324,440
    Total Liabilities $4,956,992
    Total deposits $3,841,894
    Interest-bearing deposits $2,829,692
    Deposits held in domestic offices $3,841,894
    % insured (estimated) $63
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $29,576
    Other borrowed funds $1,065,199
    Subordinated debt $0
    All other liabilities $20,323

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,749,862
    Loan and leases loss allowance $22,641
    Total loans and leases (domestic) $1,772,503
    All real estate loans $1,099,967
    Real estate loans in domestic offices $1,099,967
    Construction and development loans $90,649
    Residential 1-4 family construction $4,605
    Other construction, all land development and other land $86,044
    Loans secured by nonfarm nonresidential properties $416,881
    Nonfarm nonresidential secured by owner-occupied properties $243,977
    Commercial real estate & other non-farm, non-residential $172,904
    Multifamily residential real estate $133,635
    1-4 family residential loans $456,194
    Farmland loans $2,608
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $492,582
    To non-U.S. addressees $0
    Loans to individuals $32,830
    Credit card loans $0
    Related Plans $401
    Consumer Auto Loans $24,642
    Other loans to individuals $7,787
    All other loans & leases $147,124
    Loans to foreign governments and official institutions $0
    Other loans $58,533
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $10,593
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $42,383
    Non 1-4 family restructured loans & leases $7,274
    Total loans and leases (foreign) $0

    First American Bank had $1,749,862,000 of loans outstanding in 2018. $1,099,967,000 of loans were in real estate loans. $90,649,000 of loans were in development loans. $133,635,000 of loans were in multifamily mortgage loans. $456,194,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $24,642,000 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 371 $96,632 $260,464
    Nonfarm, nonresidential loans - <$100k 47 $1,892 $40,255
    Nonfarm, nonresidential loans - $100-250k 109 $13,473 $123,606
    Nonfarm, nonresidential loans - $250k-1MM 215 $81,267 $377,986
    Commercial & Industrial, US addressed loans - <$1MM 510 $37,486 $73,502
    Commercial & Industrial, US addressed loans - <$100k 271 $3,133 $11,561
    Commercial & Industrial, US addressed loans - $100-250k 114 $6,817 $59,798
    Commercial & Industrial, US addressed loans - $250k-1MM 125 $27,536 $220,288
    Farmland loans - <$1MM 4 $1,010 $252,500
    Farmland loans - $100-250k 1 $62 $62,000
    Farmland loans - $250k-1MM 3 $948 $316,000