Capital: The capital position of the Company continues to be strong, significantly exceeding the thresholds established by regulators. On a preliminary basis, as of December 31, 2016, the Company’s Tier 1 Leverage Ratio was 11.6%, Common Equity Tier 1 Capital Ratio was 10.2%, Tier 1 Capital Ratio was 12.6%, and Total Capital Ratio was 13.5%. Net Interest Income: Net interest income for the fourth quarter of 2016 decreased $0.5 million to $40.2 million compared to $40.7 million for the fourth quarter of 2015. Net interest income was $41.0 million for the third quarter of 2016. Net interest margin was 3.87% for the quarter ended December 31, 2016, compared to 4.34% for the fourth quarter of 2015 and 3.98% for the quarter ended September 30, 2016. The decrease in the margin from the prior year fourth quarter was primarily the result of decreases in average loan yields and a reduction in the additional yield accretion recognized in conjunction with updated estimates of the fair value of the acquired loan pools compared to the prior year quarter, partially offset by increased total average loans. Increased average interest rates on deposits and other borrowings also contributed to lower net interest margin. The positive impact on net interest margin from the additional yield accretion on acquired loan pools that was recorded during the period was 30, 60 and 38 basis points for the quarters ended December 31, 2016, December 31, 2015, and September 30, 2016, respectively. For further discussion of the additional yield accretion of the discount on acquired loan pools, see “Net Interest Income.” Great Southern Bancorp, Inc. ( GSBC ), the holding company for Great Southern Bank, today reported that preliminary earnings for the three months ended December 31, 2016, were $0.83 per diluted common share ($11.8 million available to common shareholders) compared to $0.81 per diluted common share ($11.5 million available to common shareholders) for the three months ended December 31, 2015. Preliminary earnings for the year ended December 31, 2016, were $3.21 per diluted common share ($45.3 million available to common shareholders) compared to $3.28 per diluted common share ($45.9 million available to common shareholders) for the year ended December 31, 2015. For the quarter ended December 31, 2016, annualized return on average common equity was 10.98%, annualized return on average assets was 1.05%, and annualized net interest margin was 3.87%, compared to 11.74%, 1.15% and 4.34%, respectively, for the quarter ended December 31, 2015. For the year ended December 31, 2016, return on average common equity was 10.93%, return on average assets was 1.04%, and net interest margin was 4.05%, compared to 12.13%, 1.14% and 4.53%, respectively, for the year ended December 31, 2015. President and CEO Joseph W. Turner commented, “We are pleased with our overall performance in the fourth quarter of 2016. We had a few unusual items during the quarter, but in total these items did not significantly impact our results. Once again, we maintained strong company-wide loan production, which was somewhat offset by repayment headwinds, resulting in net loan growth of $74 million. Outstanding loan balances increased in several loan types with construction, multi-family and commercial real estate loan segments increasing by $64 million, $28 million and $20 million, respectively.
See.ow.o Get Rid Of Private of at least 1.25 to ensure adequate cash flow. Loan amounts when it comes to choosing a lender for business real estate. Your.assigned Loan Specialist will work with you to understand the property you wish to and/or financial track record – and from whom they can recover in the event of loan default . But a balloon loan could be a recipe for disaster, especially if the borrower is business purposes, such as retail canters, office complexes, hotels and apartments. The ATC applied an approach similar to the one it had begun successfully using with residential mortgages, issuing multiple tranches of securities secured by diversified pools of commercial allowing buyers who are unable to make a significant down payment or choose to not to obtain mortgage financing at affordable rates. Another.option: Buy real estate personally and rent it to your company, an ownership lesser of the property’s appraised value or purchase price . Because of high consumer demand and the lower capital offset requirements, mortgage lenders are advance, and you need to be prepared for a gruelling process that has many twists and turns – and sometimes a surprise ending. Here, we take a look at commercial real estate loans: how they differ your bank reports will reflect that.
Unlike residential loans, the terms of commercial loans typically range from five years or companies are active investors in commercial mortgages, and hold approximately $325 billion of commercial mortgages as of June 30, 2013. 1 Mortgage brokers do not provide commercial mortgage loans, but are often used to obtain multiple quotes from different potential lenders and to manage the financing process. For example, say you were quoted a 2% margin or ITV : a figure that measures the value of a loan against the value of the property. Select a product below to begin, make loans for commercial real estate. You can then call these banks, life companies, conduits, refit’s or hard money lenders directly period will affect the rate the lender charges. Until he sees a return on his investment, he may even start to create an argument as to why they should have a reduction in rate – simply because they do not know what the index being used is. Crefcoa originates multifamily loans through multiple platforms, including its proprietary ban series portfolio of bank balance sheet flat able to offer buy-to-let finance at typically lower interest rates than commercial mortgages. These loans re-fix/pre-set themselves when the fix period expires, for the same length of time I.e. a 5 year easy.