Alliance Bank Mortgage Rates, Fees & Info
Sulphur Springs, TXLEI: 254900ZP8FK47JENCV60
Tax ID: 75-0591480
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Mortgage Data
Bank Data
Review & Overview
Alliance Bank is a smaller bank specializing in Home Purchase and Refi loans. Alliance Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Dallas, Sulphur Springs, Houston, San Antonio, and Sherman among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)Alliance 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.
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Originations
477Origination Dollar Volume (All Markets)
$123,635,000Employee count
220Top 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 |
|---|---|---|---|---|---|
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 219 | $71,965,000 | $328,607 | $0 | 0.00% |
| Sulphur Springs, TX (FHA|USDA|VA) | 157 | $27,205,000 | $173,280 | $0 | 0.00% |
| Outside of Metro Areas | 71 | $16,235,000 | $228,662 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 4 | $1,650,000 | $412,500 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $800,000 | $400,000 | $0 | 0.00% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 2 | $770,000 | $385,000 | $0 | 0.00% |
| Mount Pleasant, TX (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $0 | 0.00% |
| TYLER, TX (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $0 | 0.00% |
| Paris, TX (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $0 | 0.00% |
| Corsicana, TX (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 4 | $490,000 | $122,500 | $0 | 0.00% |
| Mineral Wells, TX (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
| Bonham, TX (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 0.00% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| WACO, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| TEXARKANA, TX-AR (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 470 | $122,380,000 | $260,383 | $0 | 0.00% |
| VA | 5 | $1,055,000 | $211,000 | $0 | 0.00% |
| USDA | 2 | $200,000 | $100,000 | $0 | 0.00% |
For 2020, Alliance Bank's most frequently originated type of loan was Conventional, with 470 originations. Their 2nd most popular type was VA, with 5 originations.
Loan Reason
For 2020, Alliance Bank's most frequently cited loan purpose was Home Purchase, with 205 originations. The 2nd most popular reason was Refi, with 154 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 477 | $123,635,000 | $259,193 | $0 | 0.00% |
For 2020, Alliance Bank's most frequently cited loan duration was Other, with 477 originations.
Loan Sizing
2020 saw Alliance Bank place emphasis on $100k-200k loans with 168 originations, totaling $25,330,000 in origination value.
Applicant Income
Alliance Bank lent most frequently to those with incomes in the $100k-150k range, with 104 originations. The second most popular income band? $50k-75k, with 82 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 477 | $123,635,000 | $259,193 | $0 | 0.00% |
Alliance Bank lent most frequently to those with DTI ratios of Exempt%, with 477 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications80.50%
Alliance Bank has a below average approval rate.
Pick Rate
Approvals leading to origination65.83%
Alliance 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 | 477 | $123,635,000 | $259,193 |
Occupancy Type Mix
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Alliance Data Card Services | Other type of mortgage | Closing on a mortgage | 2 | 66.7% |
| Alliance Data Card Services | Other type of mortgage | Problem with a credit reporting company's investigation into an existing problem | 1 | 33.3% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Alliance Bank | 100 Jefferson St W Sulphur Springs, TX 75482 | Full Service B&M | $235,446 |
| Alliance Bank | 101 East Main Wolfe City, TX 75496 | Full Service B&M | $19,864 |
| Alliance Bank | 101 W. Main Street Mount Vernon, TX 75457 | Full Service B&M | $109,964 |
| Alliance Bank | 1226 South Broadway Sulphur Springs, TX 75482 | Full Service B&M | $82,406 |
| Alliance Bank | 1437 South Broadway Street Sulphur Springs, TX 75482 | Limited, Drive-thru | $74,558 |
| Alliance Bank | 1717 State Highway 24 Commerce, TX 75428 | Full Service B&M | $48,677 |
| Alliance Bank | 300 Rosemont Sulphur Springs, TX 75482 | Limited, Administrative | $0 |
| Alliance Bank | 3045 N. Goliad Street Rockwall, TX 75087 | Full Service B&M | $20,992 |
| Alliance Bank | 306 State Highway 37 South Mount Vernon, TX 75457 | Full Service Retail | $22,669 |
| Alliance Bank | 310 Church Street Sulphur Springs, TX 75482 | Limited, Drive-thru | $0 |
| Alliance Bank | 408 Rosemont Sulphur Springs, TX 75482 | Limited, Administrative | $0 |
| Alliance Bank | 4543 Farm Road 115 Mount Vernon, TX 75457 | Full Service B&M | $11,364 |
| Alliance Bank | 6130 S. Fm 549 Rockwall, TX 75032 | Full Service B&M | $90,701 |
| Alliance Bank | 6609 Wesley Street Greenville, TX 75402 | Full Service B&M | $188,195 |
| Alliance Bank | 9901 Wesley Street Greenville, TX 75402 | Limited, Drive-thru | $0 |
For 2020, Alliance Bank had 15 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $33,771 |
| Net interest income | $29,853 |
| Total noninterest income | $13,280 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $1,890 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $11,390 |
| Pre-tax net operating income | $9,510 |
| Securities gains (or losses, -) | $1,692 |
| Income before extraordinary items | $11,202 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $11,202 |
| Minority interest net income | $0 |
| Net income | $11,202 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $9,510 |
Alliance Bank's gross interest income from loans was $33,771,000.
Alliance Bank's net interest income from loans was $29,853,000.
Alliance Bank's fee based income from loans was $1,890,000.
Alliance Bank's net income from loans was $11,202,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $3,918 |
| Provision for credit losses | $2,577 |
| Total noninterest expense | $31,046 |
| Salaries and employee benefits | $16,744 |
| Premises and equipment expense | $6,191 |
| Additional noninterest expense | $8,111 |
| Applicable income taxes | $0 |
| Net charge-offs | $604 |
| Cash dividends | $3,768 |
Alliance Bank's interest expense for loans was $3,918,000.
Alliance Bank's payroll and benefits expense were $16,744,000.
Alliance Bank's property, plant and equipment expenses $6,191,000.
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 | 1.0% |
| Nonfarm, nonresidential loans | 1.0% |
| 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 | $995,438 |
| Deposits held in domestic offices | $995,438 |
| Deposits by Individuals, partnerships, and corporations | $878,905 |
| Deposits by U.S. Government | $1 |
| Deposits by States and political subdivisions in the U.S. | $116,531 |
| 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 | $353,404 |
| Demand deposits | $271,539 |
| Nontransaction accounts | $642,033 |
| Money market deposit accounts (MMDAs) | $386,659 |
| Other savings deposits (excluding MMDAs) | $106,440 |
| Total time deposits | $148,935 |
| Total time and savings deposits | $723,898 |
| Noninterest-bearing deposits | $271,723 |
| Interest-bearing deposits | $723,715 |
| Retail deposits | $969,780 |
| IRAs and Keogh plan accounts | $22,966 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $1,159,566 |
| Cash & Balances due from depository institutions | $47,677 |
| Interest-bearing balances | $13,301 |
| Total securities | $483,153 |
| Federal funds sold & reverse repurchase | $13,100 |
| Net loans and leases | $540,983 |
| Loan and leases loss allowance | $7,786 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $13,913 |
| Other real estate owned | $286 |
| Goodwill and other intangibles | $18,990 |
| All other assets | $41,464 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $1,159,566 |
| Total Liabilities | $1,035,503 |
| Total deposits | $995,438 |
| Interest-bearing deposits | $723,715 |
| Deposits held in domestic offices | $995,438 |
| % insured (estimated) | $68 |
| Federal funds purchased and repurchase agreements | $32,518 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $7,547 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $540,983 |
| Loan and leases loss allowance | $7,786 |
| Total loans and leases (domestic) | $548,769 |
| All real estate loans | $378,511 |
| Real estate loans in domestic offices | $378,511 |
| Construction and development loans | $60,264 |
| Residential 1-4 family construction | $26,744 |
| Other construction, all land development and other land | $33,520 |
| Loans secured by nonfarm nonresidential properties | $160,542 |
| Nonfarm nonresidential secured by owner-occupied properties | $62,053 |
| Commercial real estate & other non-farm, non-residential | $98,489 |
| Multifamily residential real estate | $3,828 |
| 1-4 family residential loans | $132,678 |
| Farmland loans | $21,199 |
| Loans held in foreign offices | $0 |
| Farm loans | $10,962 |
| Commercial and industrial loans | $90,285 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $10,487 |
| Credit card loans | $0 |
| Related Plans | $229 |
| Consumer Auto Loans | $3,294 |
| Other loans to individuals | $6,964 |
| All other loans & leases | $58,523 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $29,390 |
| 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 | $2,052 |
| Non 1-4 family restructured loans & leases | $1,982 |
| Total loans and leases (foreign) | $0 |
Alliance Bank had $540,983,000 of loans outstanding in 2020. $378,511,000 of loans were in real estate loans. $60,264,000 of loans were in development loans. $3,828,000 of loans were in multifamily mortgage loans. $132,678,000 of loans were in 1-4 family mortgage loans. $10,962,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,294,000 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 | 162 | $36,594 | $225,889 |
| Nonfarm, nonresidential loans - <$100k | 44 | $1,817 | $41,295 |
| Nonfarm, nonresidential loans - $100-250k | 50 | $6,606 | $132,120 |
| Nonfarm, nonresidential loans - $250k-1MM | 68 | $28,171 | $414,279 |
| Commercial & Industrial, US addressed loans - <$1MM | 825 | $40,910 | $49,588 |
| Commercial & Industrial, US addressed loans - <$100k | 683 | $12,366 | $18,105 |
| Commercial & Industrial, US addressed loans - $100-250k | 85 | $9,828 | $115,624 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 57 | $18,716 | $328,351 |
| Farmland loans - <$1MM | 99 | $7,115 | $71,869 |
| Farmland loans - <$100k | 59 | $1,898 | $32,169 |
| Farmland loans - $100-250k | 30 | $2,850 | $95,000 |
| Farmland loans - $250k-1MM | 10 | $2,367 | $236,700 |
| Agriculture operations loans - <$1MM | 262 | $7,025 | $26,813 |
| Agriculture operations loans - <$100k | 234 | $3,838 | $16,402 |
| Agriculture operations loans - $100-250k | 25 | $2,459 | $98,360 |
| Agriculture operations loans - $250k-1MM | 3 | $728 | $242,667 |