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, Refi, and Cash Out 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, Sherman, Mount Pleasant, and Austin 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
424Origination Dollar Volume (All Markets)
$111,250,000Employee count
214Top 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) | 180 | $59,980,000 | $333,222 | $0 | 0.00% |
| Sulphur Springs, TX (FHA|USDA|VA) | 137 | $25,395,000 | $185,365 | $0 | 0.00% |
| Outside of Metro Areas | 70 | $15,890,000 | $227,000 | $0 | 0.00% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 8 | $2,910,000 | $363,750 | $0 | 0.00% |
| Mount Pleasant, TX (FHA|USDA|VA) | 7 | $1,635,000 | $233,571 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 4 | $1,430,000 | $357,500 | $0 | 0.00% |
| Brenham, TX (FHA|USDA|VA) | 1 | $1,015,000 | $1,015,000 | $0 | 0.00% |
| Paris, TX (FHA|USDA|VA) | 5 | $575,000 | $115,000 | $0 | 0.00% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| Bonham, TX (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $0 | 0.00% |
| TYLER, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| Jacksonville, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| Athens, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| WACO, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 418 | $109,770,000 | $262,608 | $0 | 0.00% |
| VA | 4 | $1,120,000 | $280,000 | $0 | 0.00% |
| USDA | 2 | $360,000 | $180,000 | $0 | 0.00% |
For 2021, Alliance Bank's most frequently originated type of loan was Conventional, with 418 originations. Their 2nd most popular type was VA, with 4 originations.
Loan Reason
For 2021, Alliance Bank's most frequently cited loan purpose was Home Purchase, with 215 originations. The 2nd most popular reason was Refi, with 100 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 424 | $111,250,000 | $262,382 | $0 | 0.00% |
For 2021, Alliance Bank's most frequently cited loan duration was Other, with 424 originations.
Loan Sizing
2021 saw Alliance Bank place emphasis on $200k-400k loans with 149 originations, totaling $42,445,000 in origination value.
Applicant Income
Alliance Bank lent most frequently to those with incomes in the $50k-75k range, with 84 originations. The second most popular income band? $100k-150k, with 81 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 424 | $111,250,000 | $262,382 | $0 | 0.00% |
Alliance Bank lent most frequently to those with DTI ratios of Exempt%, with 424 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications82.00%
Alliance Bank has a below average approval rate.
Pick Rate
Approvals leading to origination57.08%
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 | 424 | $111,250,000 | $262,382 |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Alliance Data Card Services | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 50.0% |
| Alliance Data Card Services | Other type of mortgage | Trouble during payment process | 1 | 50.0% |
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 | $290,984 |
| Alliance Bank | 101 East Main Wolfe City, TX 75496 | Full Service B&M | $27,776 |
| Alliance Bank | 101 W. Main Street Mount Vernon, TX 75457 | Full Service B&M | $116,287 |
| Alliance Bank | 1226 South Broadway Sulphur Springs, TX 75482 | Full Service B&M | $101,844 |
| Alliance Bank | 1437 South Broadway Street Sulphur Springs, TX 75482 | Limited, Drive-thru | $92,145 |
| Alliance Bank | 1717 State Highway 24 Commerce, TX 75428 | Full Service B&M | $60,909 |
| Alliance Bank | 300 Rosemont Sulphur Springs, TX 75482 | Limited, Administrative | $0 |
| Alliance Bank | 3045 N. Goliad Street Rockwall, TX 75087 | Full Service B&M | $30,128 |
| Alliance Bank | 306 State Highway 37 South Mount Vernon, TX 75457 | Full Service Retail | $17,397 |
| 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 | $15,441 |
| Alliance Bank | 6130 S. Fm 549 Rockwall, TX 75032 | Full Service B&M | $131,409 |
| Alliance Bank | 6609 Wesley Street Greenville, TX 75402 | Full Service B&M | $241,406 |
| Alliance Bank | 9901 Wesley Street Greenville, TX 75402 | Limited, Drive-thru | $0 |
For 2021, Alliance Bank had 15 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $34,014 |
| Net interest income | $31,043 |
| Total noninterest income | $14,634 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $1,957 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $12,677 |
| Pre-tax net operating income | $12,757 |
| Securities gains (or losses, -) | $3 |
| Income before extraordinary items | $12,760 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $12,760 |
| Minority interest net income | $0 |
| Net income | $12,760 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $12,757 |
Alliance Bank's gross interest income from loans was $34,014,000.
Alliance Bank's net interest income from loans was $31,043,000.
Alliance Bank's fee based income from loans was $1,957,000.
Alliance Bank's net income from loans was $12,760,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $2,971 |
| Provision for credit losses | $1,220 |
| Total noninterest expense | $31,700 |
| Salaries and employee benefits | $16,527 |
| Premises and equipment expense | $6,399 |
| Additional noninterest expense | $8,774 |
| Applicable income taxes | $0 |
| Net charge-offs | $90 |
| Cash dividends | $4,440 |
Alliance Bank's interest expense for loans was $2,971,000.
Alliance Bank's payroll and benefits expense were $16,527,000.
Alliance Bank's property, plant and equipment expenses $6,399,000.
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 | $1,171,005 |
| Deposits held in domestic offices | $1,171,005 |
| Deposits by Individuals, partnerships, and corporations | $1,007,143 |
| Deposits by U.S. Government | $10 |
| Deposits by States and political subdivisions in the U.S. | $163,756 |
| Deposits by Commercial banks and other depository institutions in U.S. | $96 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $467,858 |
| Demand deposits | $346,933 |
| Nontransaction accounts | $703,147 |
| Money market deposit accounts (MMDAs) | $434,579 |
| Other savings deposits (excluding MMDAs) | $136,211 |
| Total time deposits | $132,357 |
| Total time and savings deposits | $824,072 |
| Noninterest-bearing deposits | $346,933 |
| Interest-bearing deposits | $824,072 |
| Retail deposits | $1,152,721 |
| IRAs and Keogh plan accounts | $21,652 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $1,340,200 |
| Cash & Balances due from depository institutions | $42,809 |
| Interest-bearing balances | $23,515 |
| Total securities | $584,783 |
| Federal funds sold & reverse repurchase | $5,000 |
| Net loans and leases | $641,919 |
| Loan and leases loss allowance | $8,915 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $13,450 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $18,779 |
| All other assets | $33,460 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $1,340,200 |
| Total Liabilities | $1,214,242 |
| Total deposits | $1,171,005 |
| Interest-bearing deposits | $824,072 |
| Deposits held in domestic offices | $1,171,005 |
| % insured (estimated) | $64 |
| Federal funds purchased and repurchase agreements | $36,278 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $6,959 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $641,919 |
| Loan and leases loss allowance | $8,915 |
| Total loans and leases (domestic) | $650,834 |
| All real estate loans | $477,616 |
| Real estate loans in domestic offices | $477,616 |
| Construction and development loans | $85,776 |
| Residential 1-4 family construction | $43,639 |
| Other construction, all land development and other land | $42,137 |
| Loans secured by nonfarm nonresidential properties | $209,456 |
| Nonfarm nonresidential secured by owner-occupied properties | $80,274 |
| Commercial real estate & other non-farm, non-residential | $129,182 |
| Multifamily residential real estate | $4,707 |
| 1-4 family residential loans | $145,987 |
| Farmland loans | $31,690 |
| Loans held in foreign offices | $0 |
| Farm loans | $9,267 |
| Commercial and industrial loans | $71,128 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $10,877 |
| Credit card loans | $0 |
| Related Plans | $190 |
| Consumer Auto Loans | $3,617 |
| Other loans to individuals | $7,070 |
| All other loans & leases | $81,946 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $22,144 |
| 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 | $1,923 |
| Non 1-4 family restructured loans & leases | $1,853 |
| Total loans and leases (foreign) | $0 |
Alliance Bank had $641,919,000 of loans outstanding in 2021. $477,616,000 of loans were in real estate loans. $85,776,000 of loans were in development loans. $4,707,000 of loans were in multifamily mortgage loans. $145,987,000 of loans were in 1-4 family mortgage loans. $9,267,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,617,000 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 | 164 | $39,956 | $243,634 |
| Nonfarm, nonresidential loans - <$100k | 36 | $1,438 | $39,944 |
| Nonfarm, nonresidential loans - $100-250k | 51 | $6,314 | $123,804 |
| Nonfarm, nonresidential loans - $250k-1MM | 77 | $32,204 | $418,234 |
| Commercial & Industrial, US addressed loans - <$1MM | 639 | $25,220 | $39,468 |
| Commercial & Industrial, US addressed loans - <$100k | 540 | $8,869 | $16,424 |
| Commercial & Industrial, US addressed loans - $100-250k | 53 | $4,927 | $92,962 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 46 | $11,424 | $248,348 |
| Farmland loans - <$1MM | 90 | $7,832 | $87,022 |
| Farmland loans - <$100k | 49 | $1,681 | $34,306 |
| Farmland loans - $100-250k | 31 | $3,366 | $108,581 |
| Farmland loans - $250k-1MM | 10 | $2,785 | $278,500 |
| Agriculture operations loans - <$1MM | 256 | $7,098 | $27,727 |
| Agriculture operations loans - <$100k | 225 | $3,516 | $15,627 |
| Agriculture operations loans - $100-250k | 25 | $2,191 | $87,640 |
| Agriculture operations loans - $250k-1MM | 6 | $1,391 | $231,833 |