Texas Regional Bank Mortgage Rates, Fees & Info

McAllen, TX

LEI: 254900GKRYTQSJG61D90

Tax ID: 74-2440392

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

Bank Data

Review & Overview

Texas Regional Bank is a smaller bank specializing in Home Purchase and Refi loans. Texas Regional Bank has a high proportion of conventional loans. Their top markets by origination volume include: Mcallen, Austin, Brownsville, San Antonio, and Fredericksburg among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)

Texas Regional 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.

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 6.89% 3/24/24
30 Year Conventional Refi 6.85% 3/24/24
30 Year Cash-out Refi 6.92% 3/24/24
30 Year FHA Purchase 6.27% 3/24/24
30 Year FHA Refi 6.27% 3/24/24
30 Year VA Purchase 5.58% 3/24/24
15 Year Conventional Purchase 6.20% 3/24/24
15 Year Conventional Refi 5.64% 3/24/24
15 Year Cash-out Refi 5.64% 3/24/24
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.

Texas Regional Bank Mortgage Calculator






Your Estimates

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

This is not an official calculator from Texas Regional 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

178

Origination Dollar Volume (All Markets)

$61,330,000

Employee count

264

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
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 58 $21,040,000 $362,759 $0 0.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 40 $16,580,000 $414,500 $0 0.00%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 49 $12,455,000 $254,184 $0 0.00%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 16 $6,330,000 $395,625 $0 0.00%
Outside of Metro Areas 7 $2,145,000 $306,429 $0 0.00%
Fredericksburg, TX (FHA|USDA|VA) 2 $970,000 $485,000 $0 0.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $730,000 $365,000 $0 0.00%
WACO, TX (FHA|USDA|VA) 1 $415,000 $415,000 $0 0.00%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $395,000 $395,000 $0 0.00%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $125,000 $125,000 $0 0.00%
Texas Regional Bank's top markets include Mcallen, Austin, Brownsville, San Antonio, and Fredericksburg among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 178 $61,330,000 $344,551 $0 0.00%

    For 2019, Texas Regional Bank's most frequently originated type of loan was Conventional, with 178 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 126 $45,620,000 $362,063 $0 0.00%
    Refi 41 $13,795,000 $336,463 $0 0.00%
    Cash Out Refi 8 $1,590,000 $198,750 $0 0.00%
    Other 2 $250,000 $125,000 $0 0.00%
    Home Improvement 1 $75,000 $75,000 $0 0.00%

    For 2019, Texas Regional Bank's most frequently cited loan purpose was Home Purchase, with 126 originations. The 2nd most popular reason was Refi, with 41 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 178 $61,330,000 $344,551 $0 0.00%

    For 2019, Texas Regional Bank's most frequently cited loan duration was Other, with 178 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 71 $19,075,000 $268,662 $0 0.00%
    $100k-200k 49 $7,255,000 $148,061 $0 0.00%
    $400k-600k 21 $10,025,000 $477,381 $0 0.00%
    $100,000 or less 19 $1,335,000 $70,263 $0 0.00%
    $1MM+ 10 $17,620,000 $1,762,000 $0 0.00%
    $600k-1MM 8 $6,020,000 $752,500 $0 0.00%

    2019 saw Texas Regional Bank place emphasis on $200k-400k loans with 71 originations, totaling $19,075,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 32 $8,090,000 $252,813 $0 0.00%
    $150k-250k 30 $8,280,000 $276,000 $0 0.00%
    $250k+ 28 $15,130,000 $540,357 $0 0.00%
    $50k-75k 27 $4,295,000 $159,074 $0 0.00%
    $75k-100k 23 $4,275,000 $185,870 $0 0.00%
    $50k or less 8 $1,010,000 $126,250 $0 0.00%

    Texas Regional Bank lent most frequently to those with incomes in the $100k-150k range, with 32 originations. The second most popular income band? $150k-250k, with 30 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 178 $61,330,000 $344,551 $0 0.00%

    Texas Regional Bank lent most frequently to those with DTI ratios of Exempt%, with 178 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 134 $37,870,000 $282,612 $0 0.00%
    Not applicable 28 $19,910,000 $711,071 $0 0.00%
    Not provided 10 $1,950,000 $195,000 $0 0.00%
    Asian 5 $1,495,000 $299,000 $0 0.00%
    American Indian 1 $105,000 $105,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    84.86%

    Texas Regional Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    69.66%

    Texas Regional Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 178 $61,330,000 $344,551

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 15 $14,465,000 $964,333
    Single Family (1-4 Units):Manufactured 1 $295,000 $295,000
    Single Family (1-4 Units):Site-Built 162 $46,570,000 $287,469

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Texas Regional Bank 1213 Ranch Road 620 South Suite 100 Austin, TX 78734 Full Service B&M $10,550
    Texas Regional Bank 15451 Ranch Rd 12 Wimberley, TX 78676 Full Service B&M $28,129
    Texas Regional Bank 1801 South Mccoll Road Mcallen, TX 78503 Full Service B&M $159,476
    Texas Regional Bank 2019 South 77 Sunshine Strip Harlingen, TX 78550 Full Service B&M $133,466
    Texas Regional Bank 203 S.Jackson Road Edinburg, TX 78539 Full Service B&M $6,495
    Texas Regional Bank 20475 Highway 46, Suite 360 Spring Branch, TX 78070 Full Service B&M $27,307
    Texas Regional Bank 2300 East Griffin Pkwy Mission, TX 78572 Full Service B&M $49,630
    Texas Regional Bank 310 Wonder World Drive, Suite 402 San Marcos, TX 78666 Full Service B&M $10,878
    Texas Regional Bank 3275 Boca Chica Boulevard Brownsville, TX 78521 Full Service B&M $1,332
    Texas Regional Bank 333 East Highway 290, Suite 350 Dripping Springs, TX 78620 Full Service B&M $5,900
    Texas Regional Bank 3450 Pablo Kisel Boulevard Brownsville, TX 78526 Full Service B&M $59,806
    Texas Regional Bank 400 North Westgate Drive Weslaco, TX 78596 Full Service B&M $25,336
    Texas Regional Bank 401 North St. Mary Street Falfurrias, TX 78355 Full Service B&M $19,494
    Texas Regional Bank 416 4th Street Blanco, TX 78606 Full Service B&M $84,100
    Texas Regional Bank 4501 N 10th St Mcallen, TX 78504 Full Service B&M $96,255
    Texas Regional Bank 4925 S. Mccoll Road Edinburg, TX 78539 Full Service B&M $48,436
    Texas Regional Bank 5201 North 23 Street Mcallen, TX 78504 Full Service B&M $12,649
    Texas Regional Bank 609 East Main Street Fredericksburg, TX 78624 Full Service B&M $35,511
    Texas Regional Bank 6770 West Expressway 83 Harlingen, TX 78552 Full Service B&M $43,601

    For 2019, Texas Regional Bank had 19 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $41,309
    Net interest income $35,254
    Total noninterest income $7,755
    Gross Fiduciary activities income $2,382
    Service charges on deposit accounts $1,608
    Trading account gains and fees $0
    Additional Noninterest Income $3,765
    Pre-tax net operating income $8,727
    Securities gains (or losses, -) $1,673
    Income before extraordinary items $8,311
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $8,311
    Minority interest net income $0
    Net income $8,311
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $6,972

    Texas Regional Bank's gross interest income from loans was $41,309,000.
    Texas Regional Bank's net interest income from loans was $35,254,000.
    Texas Regional Bank's fee based income from loans was $1,608,000.
    Texas Regional Bank's net income from loans was $8,311,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $6,055
    Provision for credit losses $873
    Total noninterest expense $33,409
    Salaries and employee benefits $19,896
    Premises and equipment expense $4,940
    Additional noninterest expense $8,573
    Applicable income taxes $2,089
    Net charge-offs $207
    Cash dividends $0

    Texas Regional Bank's interest expense for loans was $6,055,000.
    Texas Regional Bank's payroll and benefits expense were $19,896,000.
    Texas Regional Bank's property, plant and equipment expenses $4,940,000.

    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 1.0%
    Credit card loans 0.0%
    Other individual loans 1.0%
    Auto loans 6.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $903,998
    Deposits held in domestic offices $903,998
    Deposits by Individuals, partnerships, and corporations $854,909
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $49,090
    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 $115,281
    Demand deposits $91,471
    Nontransaction accounts $788,718
    Money market deposit accounts (MMDAs) $179,375
    Other savings deposits (excluding MMDAs) $407,900
    Total time deposits $201,442
    Total time and savings deposits $812,528
    Noninterest-bearing deposits $324,736
    Interest-bearing deposits $579,262
    Retail deposits $822,466
    IRAs and Keogh plan accounts $11,883
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,020,128
    Cash & Balances due from depository institutions $52,967
    Interest-bearing balances $4,986
    Total securities $283,770
    Federal funds sold & reverse repurchase $0
    Net loans and leases $597,040
    Loan and leases loss allowance $6,553
    Trading account assets $0
    Bank premises and fixed assets $59,910
    Other real estate owned $807
    Goodwill and other intangibles $10,632
    All other assets $15,002

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,020,128
    Total Liabilities $909,901
    Total deposits $903,998
    Interest-bearing deposits $579,262
    Deposits held in domestic offices $903,998
    % insured (estimated) $69
    Federal funds purchased and repurchase agreements $1,050
    Trading liabilities $0
    Other borrowed funds $647
    Subordinated debt $0
    All other liabilities $4,206

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $597,040
    Loan and leases loss allowance $6,553
    Total loans and leases (domestic) $603,593
    All real estate loans $472,370
    Real estate loans in domestic offices $472,370
    Construction and development loans $106,087
    Residential 1-4 family construction $22,497
    Other construction, all land development and other land $83,590
    Loans secured by nonfarm nonresidential properties $229,970
    Nonfarm nonresidential secured by owner-occupied properties $97,767
    Commercial real estate & other non-farm, non-residential $132,203
    Multifamily residential real estate $28,912
    1-4 family residential loans $86,614
    Farmland loans $20,787
    Loans held in foreign offices $0
    Farm loans $3,974
    Commercial and industrial loans $99,894
    To non-U.S. addressees $0
    Loans to individuals $10,389
    Credit card loans $224
    Related Plans $0
    Consumer Auto Loans $1,800
    Other loans to individuals $8,365
    All other loans & leases $16,967
    Loans to foreign governments and official institutions $0
    Other loans $16,967
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $22,617
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $4,433
    Non 1-4 family restructured loans & leases $2,765
    Total loans and leases (foreign) $0

    Texas Regional Bank had $597,040,000 of loans outstanding in 2019. $472,370,000 of loans were in real estate loans. $106,087,000 of loans were in development loans. $28,912,000 of loans were in multifamily mortgage loans. $86,614,000 of loans were in 1-4 family mortgage loans. $3,974,000 of loans were in farm loans. $224,000 of loans were in credit card loans. $1,800,000 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 302 $59,309 $196,387
    Nonfarm, nonresidential loans - <$100k 36 $1,725 $47,917
    Nonfarm, nonresidential loans - $100-250k 104 $12,475 $119,952
    Nonfarm, nonresidential loans - $250k-1MM 162 $45,109 $278,451
    Commercial & Industrial, US addressed loans - <$1MM 760 $67,259 $88,499
    Commercial & Industrial, US addressed loans - <$100k 523 $14,685 $28,078
    Commercial & Industrial, US addressed loans - $100-250k 124 $13,614 $109,790
    Commercial & Industrial, US addressed loans - $250k-1MM 113 $38,960 $344,779
    Farmland loans - <$1MM 47 $5,815 $123,723
    Farmland loans - <$100k 18 $996 $55,333
    Farmland loans - $100-250k 15 $1,573 $104,867
    Farmland loans - $250k-1MM 14 $3,246 $231,857
    Agriculture operations loans - <$1MM 43 $2,061 $47,930
    Agriculture operations loans - <$100k 32 $881 $27,531
    Agriculture operations loans - $100-250k 5 $417 $83,400
    Agriculture operations loans - $250k-1MM 6 $763 $127,167