First National Bank Of Huntsville Mortgage Rates, Fees & Info

Huntsville, TX

LEI: 254900YJOY30UROEAG69

Tax ID: 74-0702223

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    First National Bank Of Huntsville is a smaller bank specializing in Home Purchase loans. First National Bank Of Huntsville has a high proportion of conventional loans. Their top markets by origination volume include: Huntsville, College Station, Houston, and Waco among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    First National Bank Of Huntsville has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. First National Bank Of Huntsville 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.

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    Originations

    187

    Origination Dollar Volume (All Markets)

    $25,115,000

    Employee count

    99

    Awards

    First National Bank of Huntsville 30 Year Conventional Loans gold
    Show all (1) awards

    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
    Huntsville, TX (FHA|USDA|VA) 115 $13,225,000 $115,000 $2,428 5.27%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 38 $8,150,000 $214,474 $2,158 5.24%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 12 $1,810,000 $150,833 $2,366 5.03%
    Outside of Metro Areas 21 $1,795,000 $85,476 $1,920 5.71%
    WACO, TX (FHA|USDA|VA) 1 $135,000 $135,000 $3,411 4.38%
    First National Bank Of Huntsville's top markets include Huntsville, College Station, Houston, and Waco among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against First National Bank of Huntsville based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    First National Bank of Huntsville
    Similarity Rank: 15
    HOMETRUST MORTGAGE COMPANY
    Similarity Rank: 138
    Wallick & Volk, Inc.
    Similarity Rank: 162
    QUICKEN LOANS, LLC
    Similarity Rank: 5568

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 187 $25,115,000 $134,305 $2,330 5.29%

    For 2018, First National Bank Of Huntsville's most frequently originated type of loan was Conventional, with 187 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 125 $19,245,000 $153,960 $2,713 5.25%
    Home Improvement 25 $2,065,000 $82,600 $1,177 5.58%
    Refi 18 $2,160,000 $120,000 $2,120 5.03%
    Cash Out Refi 11 $985,000 $89,545 $1,559 5.41%
    Other 8 $660,000 $82,500 $2,000 5.50%

    For 2018, First National Bank Of Huntsville's most frequently cited loan purpose was Home Purchase, with 125 originations. The 2nd most popular reason was Home Improvement, with 25 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 62 $8,260,000 $133,226 $1,815 5.35%
    5 Year 51 $7,645,000 $149,902 $1,938 5.36%
    30 Year 24 $4,430,000 $184,583 $4,115 4.57%
    15 Year 23 $2,665,000 $115,870 $2,308 5.18%
    10 Year 18 $900,000 $50,000 $1,233 6.10%
    3 Year 5 $505,000 $101,000 $959 5.10%
    20 Year 2 $420,000 $210,000 $3,680 4.56%
    1 Year 2 $290,000 $145,000 $0 5.75%

    For 2018, First National Bank Of Huntsville's most frequently cited loan duration was Other, with 62 originations. The 2nd most popular length was 5 Year, with 51 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 108 $12,810,000 $118,611
    $1k-2k 10 $2,030,000 $203,000
    $2k-3k 2 $340,000 $170,000
    $5k+ 1 $365,000 $365,000

    First National Bank Of Huntsville's average total fees were $4,115, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 108 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 85 $13,985,000 $164,529
    5-6% 72 $8,330,000 $115,694
    6-7% 14 $510,000 $36,429
    3-4% 8 $1,890,000 $236,250
    7-8% 8 $400,000 $50,000

    During 2018, First National Bank Of Huntsville's average interest rate for loans was 4.57%, while their most frequently originated rate bucket for loans was 4-5%, with 85 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 91 $4,505,000 $49,505 $1,377 5.68%
    $100k-200k 60 $8,590,000 $143,167 $2,890 4.98%
    $200k-400k 31 $8,445,000 $272,419 $3,451 4.79%
    $600k-1MM 4 $3,130,000 $782,500 $5,105 5.19%
    $400k-600k 1 $445,000 $445,000 $6,819 4.75%

    2018 saw First National Bank Of Huntsville place emphasis on $100,000 or less loans with 91 originations, totaling $4,505,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 51 $8,305,000 $162,843 $3,022 5.01%
    $50k-75k 33 $3,155,000 $95,606 $2,100 5.26%
    $75k-100k 25 $1,875,000 $75,000 $1,614 5.47%
    $50k or less 22 $1,540,000 $70,000 $1,887 5.65%
    $150k-250k 19 $2,345,000 $123,421 $2,041 5.37%
    $250k+ 8 $2,420,000 $302,500 $2,878 5.05%

    First National Bank Of Huntsville lent most frequently to those with incomes in the $100k-150k range, with 51 originations. The second most popular income band? $50k-75k, with 33 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 43 $4,935,000 $114,767 $2,582 5.08%
    30-36% 24 $3,530,000 $147,083 $2,222 5.06%
    <20% 17 $1,965,000 $115,588 $1,768 5.51%
    39% 8 $1,520,000 $190,000 $2,498 5.02%
    41% 6 $690,000 $115,000 $653 5.48%
    40% 6 $850,000 $141,667 $2,742 5.70%
    42% 4 $640,000 $160,000 $2,691 5.08%
    36% 4 $550,000 $137,500 $3,402 5.09%
    37% 3 $275,000 $91,667 $1,868 4.99%
    38% 3 $285,000 $95,000 $2,676 5.49%
    44% 1 $125,000 $125,000 $2,740 4.88%
    46% 1 $155,000 $155,000 $5,008 3.75%
    50-60% 1 $25,000 $25,000 $1,418 6.24%

    First National Bank Of Huntsville lent most frequently to those with DTI ratios of 20-30%, with 43 originations. The next most common DTI ratio? 30-36%, with 24 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 152 $19,000,000 $125,000 $2,372 5.27%
    Not applicable 29 $5,475,000 $188,793 $0 5.41%
    Asian Indian 1 $305,000 $305,000 $0 5.00%
    Black 4 $200,000 $50,000 $858 5.49%
    Asian 1 $135,000 $135,000 $3,411 4.38%

    Approval Rates

    Total approvals of all applications
    91.03%

    First National Bank Of Huntsville has an average approval rate.

    Pick Rate

    Approvals leading to origination
    91.44%

    First National Bank Of Huntsville has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 187 $25,115,000 $134,305

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 33 $1,295,000 $39,242
    Single Family (1-4 Units):Site-Built 154 $23,820,000 $154,675

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 18 $940,000 $52,222 $1,743 5.55%
    40-60% 20 $1,980,000 $99,000 $2,362 5.27%
    60-80% 74 $11,700,000 $158,108 $2,937 5.27%
    80-100% 59 $10,035,000 $170,085 $2,334 5.19%
    Under 20% 16 $460,000 $28,750 $818 5.52%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    FIRST NATIONAL BANK OF OMAHA Conventional home mortgage Struggling to pay mortgage 1 50.0%
    FIRST NATIONAL BANK OF OMAHA Home equity loan or line of credit (HELOC) Closing on a mortgage 1 50.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    First National Bank of Huntsville 1041 W Decherd Franklin, TX 77856 Full Service B&M $20,019
    First National Bank of Huntsville 1300 Eleventh Street Huntsville, TX 77340 Full Service B&M $265,693
    First National Bank of Huntsville 333 North May Street Madisonville, TX 77864 Full Service B&M $62,288
    First National Bank of Huntsville 3971 University Drive East Bryan, TX 77802 Full Service B&M $4,628
    First National Bank of Huntsville 617 East Houston Street Crockett, TX 75835 Full Service B&M $50,779

    For 2018, First National Bank Of Huntsville had 5 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $16,056
    Net interest income $14,426
    Total noninterest income $3,456
    Gross Fiduciary activities income $607
    Service charges on deposit accounts $1,537
    Trading account gains and fees $0
    Additional Noninterest Income $1,312
    Pre-tax net operating income $5,882
    Securities gains (or losses, -) $0
    Income before extraordinary items $4,682
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $4,682
    Minority interest net income $0
    Net income $4,682
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $4,682

    First National Bank Of Huntsville's gross interest income from loans was $16,056,000.
    First National Bank Of Huntsville's net interest income from loans was $14,426,000.
    First National Bank Of Huntsville's fee based income from loans was $1,537,000.
    First National Bank Of Huntsville's net income from loans was $4,682,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,630
    Provision for credit losses $300
    Total noninterest expense $11,700
    Salaries and employee benefits $6,234
    Premises and equipment expense $1,619
    Additional noninterest expense $3,847
    Applicable income taxes $1,200
    Net charge-offs $21
    Cash dividends $1,724

    First National Bank Of Huntsville's interest expense for loans was $1,630,000.
    First National Bank Of Huntsville's payroll and benefits expense were $6,234,000.
    First National Bank Of Huntsville's property, plant and equipment expenses $1,619,000.

    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 $412,049
    Deposits held in domestic offices $412,049
    Deposits by Individuals, partnerships, and corporations $377,130
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $34,918
    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 $95,820
    Demand deposits $44,072
    Nontransaction accounts $316,228
    Money market deposit accounts (MMDAs) $207,595
    Other savings deposits (excluding MMDAs) $22,628
    Total time deposits $86,006
    Total time and savings deposits $367,976
    Noninterest-bearing deposits $135,752
    Interest-bearing deposits $276,297
    Retail deposits $403,663
    IRAs and Keogh plan accounts $11,513
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $469,922
    Cash & Balances due from depository institutions $33,934
    Interest-bearing balances $29,665
    Total securities $163,239
    Federal funds sold & reverse repurchase $0
    Net loans and leases $252,377
    Loan and leases loss allowance $4,610
    Trading account assets $0
    Bank premises and fixed assets $8,787
    Other real estate owned $0
    Goodwill and other intangibles $5,108
    All other assets $6,477

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $469,921
    Total Liabilities $413,166
    Total deposits $412,049
    Interest-bearing deposits $276,297
    Deposits held in domestic offices $412,049
    % insured (estimated) $84
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $1,117

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $252,377
    Loan and leases loss allowance $4,610
    Total loans and leases (domestic) $256,987
    All real estate loans $193,335
    Real estate loans in domestic offices $193,335
    Construction and development loans $25,540
    Residential 1-4 family construction $12,845
    Other construction, all land development and other land $12,695
    Loans secured by nonfarm nonresidential properties $58,542
    Nonfarm nonresidential secured by owner-occupied properties $26,539
    Commercial real estate & other non-farm, non-residential $32,003
    Multifamily residential real estate $6,042
    1-4 family residential loans $98,260
    Farmland loans $4,951
    Loans held in foreign offices $0
    Farm loans $4,580
    Commercial and industrial loans $31,024
    To non-U.S. addressees $0
    Loans to individuals $26,172
    Credit card loans $0
    Related Plans $112
    Consumer Auto Loans $10,501
    Other loans to individuals $15,559
    All other loans & leases $1,876
    Loans to foreign governments and official institutions $0
    Other loans $153
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    First National Bank of Huntsville had $252,377,000 of loans outstanding in 2018. $193,335,000 of loans were in real estate loans. $25,540,000 of loans were in development loans. $6,042,000 of loans were in multifamily mortgage loans. $98,260,000 of loans were in 1-4 family mortgage loans. $4,580,000 of loans were in farm loans. $0 of loans were in credit card loans. $10,501,000 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 174 $31,410 $180,517
    Nonfarm, nonresidential loans - <$100k 49 $2,107 $43,000
    Nonfarm, nonresidential loans - $100-250k 66 $8,729 $132,258
    Nonfarm, nonresidential loans - $250k-1MM 59 $20,574 $348,712
    Commercial & Industrial, US addressed loans - <$1MM 471 $17,385 $36,911
    Commercial & Industrial, US addressed loans - <$100k 401 $7,989 $19,923
    Commercial & Industrial, US addressed loans - $100-250k 50 $4,962 $99,240
    Commercial & Industrial, US addressed loans - $250k-1MM 20 $4,434 $221,700
    Farmland loans - <$1MM 31 $2,672 $86,194
    Farmland loans - <$100k 14 $590 $42,143
    Farmland loans - $100-250k 13 $1,451 $111,615
    Farmland loans - $250k-1MM 4 $631 $157,750
    Agriculture operations loans - <$1MM 173 $4,579 $26,468
    Agriculture operations loans - <$100k 156 $2,859 $18,327
    Agriculture operations loans - $100-250k 13 $1,198 $92,154
    Agriculture operations loans - $250k-1MM 4 $522 $130,500