Academy Bank, National Association

Headquarters

1881 Main St
Kansas City, MO 64108
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 5.50% →
1-Year CD N.A. 5.50% →
2-Year CD N.A. 5.00% →
5-Year CD N.A. 4.61% →
30-Year Mortgage N.A. 0.00% →
15-Year Mortgage N.A. 0.00% →
HELOC 2.49% 0.99% →

2024 Overview

General Bank Information

Academy Bank, National Association is an FDIC insured institution located in Kansas City, MO. It was founded in 1966 and has approximately $2.51 billion in assets. Customers can open an account at one of its 101 branches.

FDIC Insured Yes
FDIC Certificate # 19600
Date Established 1966
Assets $ 2.51 billion
Loans $ 1,955.84 million
Deposits $ 2.05 billion
Capital $ 383.93 million
 

For a more detailed analysis of Academy Bank, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - February 23, 2024

Your Current Location: Virginia, VA 20146

 

Loan Rates - February 23, 2024

Your Current Location: Virginia, VA 20146

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Academy Bank, National Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Academy Bank, National Association Locations



Climate Initiatives

Academy Bank, National Association is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Academy Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Academy Bank, National Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Academy Bank, National Association U.S. Bank Average
5.22% 4.13%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2023, Academy Bank, National Association had $21,416,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $383,931,000 in equity and $26,624,000 in loans loss reserves. That gives it a Texas Ratio of 5.22%.

Return on Equity
Academy Bank, National Association U.S. Bank Average
7.11% 26.02%

Academy Bank, National Association has a Return on Equity of 7.11% versus the BestCashCow average of 26.02%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Academy Bank, National Association U.S. Bank Average
15.32% 10.23%

Academy Bank, National Association has a Capitalization of 15.32% versus the BestCashCow average of 10.23. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Academy Bank, National Association Balance Sheet Analysis

As of September 30, 2023, Academy Bank, National Association had assets of $2,506,566,000, loans of $1,955,841,000, and deposits of $2,045,763,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

September 30, 2023
ASSETS
Cash & Balances due from depository institutions $ 178.75 million
Interest-bearing balances $ 134.48 million
Total securities $ 257.01 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,955.84 million
Loan loss allowance $ 26.62 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 13.42 million
All other assets $ 58.38 million
     Total Assets $ 2.12 billion
LIABILITIES
Total deposits $ 2.05 billion
      Interest-bearing deposits $ 1,645.04 million
      Deposits held in domestic offices $ 2.05 billion
      % insured (estimated) 71.98%
Federal funds purchased and repurchase agreements $ 6.27 million
Trading liabilities N.A.
Other borrowed funds $ 46.01 million
Subordinated debt N.A.
All other liabilities $ 35.79 million
      Total Liabilities $ 2.12 billion
      Shareholders’ Equity $ 383.93 million

Summary Income Statement

September 30, 2023
INCOME AND EXPENSES
Total Interest Income $ 95.55 million
Total Interest Expense $ 34.29 million
Net interest income $ 61.26 million
Provision for loan and lease losses $ 4.05 million
Total non interest income $ 34.09 million
Total non interest expense $ 64.35 million
Pre-tax Net Operating Income $ 15.95 million

Bank Loan Profile?

The top three loan types in Academy Bank, National Association’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Missouri, Academy Bank, National Association has a significantly higher percent of Commercial Real Estate, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 11.67
Multifamily
Mortgages
1.71
Credit Card Loans 0.13
Consumer Auto Loans 0.03
Small Business Loans 0.00
Construction and Development Loans 8.21
Commercial Real Estate 37.45
Commercial and Industrial Loans 26.08
Farm Loans 0.00

Customer Reviews for Academy Bank, National Association (6)


  • February 4, 2020 |

    Academy was great helping me open a new account

  • February 4, 2020 |

    CDs 12 Month Rates

    Great bank in Scottsdale very helpful people

  • February 14, 2019 |

    CDs 12 Month Rates

    We had a great experience in Greeley. Very friendly, helpful and efficient

  • January 14, 2019 |

    CDs 12 Month Rates

    This is the most unfriendly, uncooperative bank I have ever seen. The person I finally got to said they were not interested in new business!

  • June 16, 2018 | Replies 1

    CDs 12 Month Rates

    AVOID this BANK like the BUBONIC PLAGUE. This entity should not be allowed to operate as a bank. What a horrific experience I had when I opened a simple CD. 100% incompetence at all levels!!

    Dano | Feb 23, 2024

    Which branch? Can you be more specific about the problem(s)


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