Texas Regional Bank Mortgage Rates, Fees & Info

McAllen, TX

LEI: 254900GKRYTQSJG61D90

Tax ID: 74-2440392

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

Review & Overview

Texas Regional Bank is a smaller bank specializing in loans. Texas Regional Bank has a high proportion of conventional loans. Their top markets by origination volume include: Austin, Mcallen, Brownsville, San Antonio, and Fredericksburg among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)

Texas Regional Bank 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.

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Originations

309

Origination Dollar Volume (All Markets)

$109,995,000

Employee count

298

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
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA\|USDA\|VA)	55	$26,295,000	$478,091	$0	0.00%
MCALLEN-EDINBURG-MISSION, TX (FHA\|USDA\|VA)	90	$25,410,000	$282,333	$0	0.00%
BROWNSVILLE-HARLINGEN, TX (FHA\|USDA\|VA)	78	$17,560,000	$225,128	$0	0.00%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA\|USDA\|VA)	34	$15,220,000	$447,647	$0	0.00%
Outside of Metro Areas	20	$14,340,000	$717,000	$0	0.00%
Fredericksburg, TX (FHA\|USDA\|VA)	11	$4,305,000	$391,364	$0	0.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	4	$2,010,000	$502,500	$0	0.00%
CORPUS CHRISTI, TX (FHA\|USDA\|VA)	3	$1,165,000	$388,333	$0	0.00%
Glenwood Springs, CO (FHA\|USDA\|VA)	1	$995,000	$995,000	$0	0.00%
Rockport, TX (FHA\|USDA\|VA)	1	$505,000	$505,000	$0	0.00%
COLLEGE STATION-BRYAN, TX (FHA\|USDA\|VA)	2	$360,000	$180,000	$0	0.00%
KILLEEN-TEMPLE, TX (FHA\|USDA\|VA)	3	$345,000	$115,000	$0	0.00%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	1	$325,000	$325,000	$0	0.00%
PANAMA CITY, FL (FHA\|USDA\|VA)	1	$295,000	$295,000	$0	0.00%
BIRMINGHAM-HOOVER, AL (FHA\|USDA\|VA)	1	$245,000	$245,000	$0	0.00%
WACO, TX (FHA\|USDA\|VA)	2	$240,000	$120,000	$0	0.00%
Raymondville, TX (FHA\|USDA\|VA)	1	$215,000	$215,000	$0	0.00%
LAREDO, TX (FHA\|USDA\|VA)	1	$165,000	$165,000	$0	0.00%

Texas Regional Bank's top markets include Austin, Mcallen, Brownsville, San Antonio, and Fredericksburg among others.

Their top states include:

Texas (FHA|USDA|VA)

Colorado (FHA|USDA|VA)

Virginia (FHA|USDA|VA)

Florida (FHA|USDA|VA)

Alabama (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	307	$109,325,000	$356,107	$0	0.00%
VA	2	$670,000	$335,000	$0	0.00%

For 2021, Texas Regional Bank's most frequently originated type of loan was Conventional, with 307 originations. Their 2nd most popular type was VA, with 2 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	187	$77,655,000	$415,267	$0	0.00%
Refi	77	$20,055,000	$260,455	$0	0.00%
Cash Out Refi	38	$10,540,000	$277,368	$0	0.00%
Other	6	$1,630,000	$271,667	$0	0.00%
Home Improvement	1	$115,000	$115,000	$0	0.00%

For 2021, Texas Regional Bank's most frequently cited loan purpose was Home Purchase, with 187 originations. The 2nd most popular reason was Refi, with 77 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	309	$109,995,000	$355,971	$0	0.00%

For 2021, Texas Regional Bank's most frequently cited loan duration was Other, with 309 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	114	$32,240,000	$282,807	$0	0.00%
$100k-200k	84	$13,130,000	$156,310	$0	0.00%
$400k-600k	48	$23,940,000	$498,750	$0	0.00%
$100,000 or less	27	$2,175,000	$80,556	$0	0.00%
$600k-1MM	19	$14,095,000	$741,842	$0	0.00%
$1MM+	17	$24,415,000	$1,436,176	$0	0.00%

2021 saw Texas Regional Bank place emphasis on $200k-400k loans with 114 originations, totaling $32,240,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$250k+	63	$35,225,000	$559,127	$0	0.00%
$150k-250k	55	$19,465,000	$353,909	$0	0.00%
$100k-150k	54	$14,530,000	$269,074	$0	0.00%
$75k-100k	36	$9,140,000	$253,889	$0	0.00%
$50k-75k	31	$5,805,000	$187,258	$0	0.00%
$50k or less	16	$1,760,000	$110,000	$0	0.00%

Texas Regional Bank lent most frequently to those with incomes in the $250k+ range, with 63 originations. The second most popular income band? $150k-250k, with 55 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	309	$109,995,000	$355,971	$0	0.00%

Texas Regional Bank lent most frequently to those with DTI ratios of Exempt%, with 309 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	249	$80,405,000	$322,912	$0	0.00%
Not applicable	42	$21,180,000	$504,286	$0	0.00%
Not provided	9	$6,285,000	$698,333	$0	0.00%
Black	3	$975,000	$325,000	$0	0.00%
Asian	4	$810,000	$202,500	$0	0.00%
American Indian	2	$340,000	$170,000	$0	0.00%

Approval Rates

Total approvals of all applications
93.81%

Texas Regional Bank has an average approval rate.

Pick Rate

Approvals leading to origination
71.84%

Texas Regional Bank has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	309	$109,995,000	$355,971

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	309	$109,995,000	$355,971

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
Texas Regional Bank	416 4th Street Blanco, TX 78606	Full Service B&M	$119,419
Texas Regional Bank	0500 West Business Highway 77 Suite 101 San Benito, TX 78586	Full Service B&M	$1,293
Texas Regional Bank	15451 Ranch Rd 12 Wimberley, TX 78676	Full Service B&M	$34,166
Texas Regional Bank	1801 South Mccoll Road Mcallen, TX 78503	Full Service B&M	$201,856
Texas Regional Bank	2019 South 77 Sunshine Strip Harlingen, TX 78550	Full Service B&M	$176,950
Texas Regional Bank	203 S.Jackson Road Edinburg, TX 78539	Full Service B&M	$33,159
Texas Regional Bank	20475 Highway 46, Suite 360 Spring Branch, TX 78070	Full Service B&M	$40,162
Texas Regional Bank	206 East Main Street Johnson City, TX 78636	Full Service B&M	$13,349
Texas Regional Bank	2300 East Griffin Pkwy Mission, TX 78572	Full Service B&M	$73,886
Texas Regional Bank	310 Wonder World Drive, Suite 402 San Marcos, TX 78666	Full Service B&M	$53,166
Texas Regional Bank	3275 Boca Chica Boulevard Brownsville, TX 78521	Full Service B&M	$9,776
Texas Regional Bank	3450 Pablo Kisel Boulevard Brownsville, TX 78526	Full Service B&M	$66,774
Texas Regional Bank	3944 Ranch Road 620 South Bee Cave, TX 78738	Full Service B&M	$21,590
Texas Regional Bank	400 North Westgate Drive Weslaco, TX 78596	Full Service B&M	$33,364
Texas Regional Bank	401 North St. Mary Street Falfurrias, TX 78355	Full Service B&M	$31,462
Texas Regional Bank	4501 N 10th St Mcallen, TX 78504	Full Service B&M	$108,068
Texas Regional Bank	4925 S. Mccoll Road Edinburg, TX 78539	Full Service B&M	$61,236
Texas Regional Bank	5201 North 23 Street Mcallen, TX 78504	Full Service B&M	$15,919
Texas Regional Bank	609 East Main Street Fredericksburg, TX 78624	Full Service B&M	$45,801
Texas Regional Bank	6770 West Interstate 2 Harlingen, TX 78552	Full Service B&M	$348,828
Texas Regional Bank	700 West Highway 290 Dripping Springs, TX 78620	Full Service B&M	$37,997

For 2021, Texas Regional Bank had 21 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$55,340
Net interest income	$51,751
Total noninterest income	$12,199
Gross Fiduciary activities income	$2,985
Service charges on deposit accounts	$1,461
Trading account gains and fees	$0
Additional Noninterest Income	$7,753
Pre-tax net operating income	$19,653
Securities gains (or losses, -)	$5,335
Income before extraordinary items	$20,279
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$20,279
Minority interest net income	$0
Net income	$20,279
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$15,957

Texas Regional Bank's gross interest income from loans was $55,340,000.
Texas Regional Bank's net interest income from loans was $51,751,000.
Texas Regional Bank's fee based income from loans was $1,461,000.
Texas Regional Bank's net income from loans was $20,279,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$3,589
Provision for credit losses	$447
Total noninterest expense	$43,850
Salaries and employee benefits	$26,235
Premises and equipment expense	$5,964
Additional noninterest expense	$11,651
Applicable income taxes	$4,709
Net charge-offs	$125
Cash dividends	$0

Texas Regional Bank's interest expense for loans was $3,589,000.
Texas Regional Bank's payroll and benefits expense were $26,235,000.
Texas Regional Bank's property, plant and equipment expenses $5,964,000.

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	$1,784,410
Deposits held in domestic offices	$1,784,410
Deposits by Individuals, partnerships, and corporations	$1,337,326
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$447,084
Deposits by Commercial banks and other depository institutions in U.S.	$0
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$214,614
Demand deposits	$183,655
Nontransaction accounts	$1,569,796
Money market deposit accounts (MMDAs)	$342,821
Other savings deposits (excluding MMDAs)	$858,198
Total time deposits	$368,777
Total time and savings deposits	$1,600,755
Noninterest-bearing deposits	$676,092
Interest-bearing deposits	$1,108,318
Retail deposits	$1,532,301
IRAs and Keogh plan accounts	$10,930
Brokered deposits	$0
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$1,961,754
Cash & Balances due from depository institutions	$246,258
Interest-bearing balances	$2,963
Total securities	$833,926
Federal funds sold & reverse repurchase	$0
Net loans and leases	$776,642
Loan and leases loss allowance	$9,354
Trading account assets	$0
Bank premises and fixed assets	$67,455
Other real estate owned	$415
Goodwill and other intangibles	$10,164
All other assets	$26,894

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$1,961,754
Total Liabilities	$1,793,741
Total deposits	$1,784,410
Interest-bearing deposits	$1,108,318
Deposits held in domestic offices	$1,784,410
% insured (estimated)	$48
Federal funds purchased and repurchase agreements	$0
Trading liabilities	$0
Other borrowed funds	$324
Subordinated debt	$0
All other liabilities	$9,007

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$776,642
Loan and leases loss allowance	$9,354
Total loans and leases (domestic)	$785,996
All real estate loans	$630,217
Real estate loans in domestic offices	$630,217
Construction and development loans	$164,697
Residential 1-4 family construction	$28,491
Other construction, all land development and other land	$136,206
Loans secured by nonfarm nonresidential properties	$274,373
Nonfarm nonresidential secured by owner-occupied properties	$124,457
Commercial real estate & other non-farm, non-residential	$149,916
Multifamily residential real estate	$41,785
1-4 family residential loans	$122,700
Farmland loans	$26,662
Loans held in foreign offices	$0
Farm loans	$3,877
Commercial and industrial loans	$139,957
To non-U.S. addressees	$0
Loans to individuals	$11,587
Credit card loans	$277
Related Plans	$0
Consumer Auto Loans	$1,526
Other loans to individuals	$9,784
All other loans & leases	$358
Loans to foreign governments and official institutions	$0
Other loans	$258
Loans to depository institutions and acceptances of other banks	$0
Loans not secured by real estate	$40,160
Loans secured by real estate to non-U.S. addressees	$0
Restructured Loans & leases	$864
Non 1-4 family restructured loans & leases	$627
Total loans and leases (foreign)	$0

Texas Regional Bank had $776,642,000 of loans outstanding in 2021. $630,217,000 of loans were in real estate loans. $164,697,000 of loans were in development loans. $41,785,000 of loans were in multifamily mortgage loans. $122,700,000 of loans were in 1-4 family mortgage loans. $3,877,000 of loans were in farm loans. $277,000 of loans were in credit card loans. $1,526,000 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	310	$89,564	$288,916
Nonfarm, nonresidential loans - <$100k	33	$1,530	$46,364
Nonfarm, nonresidential loans - $100-250k	98	$14,287	$145,786
Nonfarm, nonresidential loans - $250k-1MM	179	$73,747	$411,994
Commercial & Industrial, US addressed loans - <$1MM	932	$72,632	$77,931
Commercial & Industrial, US addressed loans - <$100k	616	$14,948	$24,266
Commercial & Industrial, US addressed loans - $100-250k	155	$14,004	$90,348
Commercial & Industrial, US addressed loans - $250k-1MM	161	$43,680	$271,304
Farmland loans - <$1MM	24	$3,079	$128,292
Farmland loans - <$100k	7	$336	$48,000
Farmland loans - $100-250k	12	$1,356	$113,000
Farmland loans - $250k-1MM	5	$1,387	$277,400
Agriculture operations loans - <$1MM	30	$1,351	$45,033
Agriculture operations loans - <$100k	22	$377	$17,136
Agriculture operations loans - $100-250k	3	$364	$121,333
Agriculture operations loans - $250k-1MM	5	$610	$122,000