Tbk Bank Ssb Mortgage Rates, Fees & Info

Dallas, TX

LEI: 5493000B61DDZ2PG1515

Tax ID: 75-1745500

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Mortgage Data

Bank Data

Review & Overview

Tbk Bank Ssb is a smaller bank specializing in Home Purchase and Refi loans. Tbk Bank Ssb has a high proportion of conventional loans. Their top markets by origination volume include: Durango, Dallas, College Station, Denver, and Davenport among others. We have data for 30 markets. (Some data included below & more in-depth data is available with an active subscription.)

Tbk Bank Ssb 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

200

Origination Dollar Volume (All Markets)

$71,390,000

Employee count

1,244

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
Durango, CO (FHA|USDA|VA) 40 $12,130,000 $303,250 $0 0.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 28 $11,100,000 $396,429 $0 0.00%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 2 $10,650,000 $5,325,000 $0 0.00%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 18 $9,140,000 $507,778 $0 0.00%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 42 $7,460,000 $177,619 $0 0.00%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 11 $7,235,000 $657,727 $0 0.00%
Outside of Metro Areas 20 $3,990,000 $199,500 $0 0.00%
GREELEY, CO (FHA|USDA|VA) 11 $2,775,000 $252,273 $0 0.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $1,150,000 $575,000 $0 0.00%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $0 0.00%
COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $800,000 $400,000 $0 0.00%
Sterling, CO (FHA|USDA|VA) 2 $370,000 $185,000 $0 0.00%
Ruidoso, NM (FHA|USDA|VA) 1 $355,000 $355,000 $0 0.00%
Montrose, CO (FHA|USDA|VA) 1 $335,000 $335,000 $0 0.00%
Sterling, IL (FHA|USDA|VA) 3 $295,000 $98,333 $0 0.00%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $285,000 $285,000 $0 0.00%
IOWA CITY, IA (FHA|USDA|VA) 1 $285,000 $285,000 $0 0.00%
ALBUQUERQUE, NM (FHA|USDA|VA) 2 $260,000 $130,000 $0 0.00%
ABILENE, TX (FHA|USDA|VA) 1 $235,000 $235,000 $0 0.00%
Cañon City, CO (FHA|USDA|VA) 1 $235,000 $235,000 $0 0.00%
BOULDER, CO (FHA|USDA|VA) 1 $205,000 $205,000 $0 0.00%
Rochelle, IL (FHA|USDA|VA) 1 $195,000 $195,000 $0 0.00%
CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $175,000 $175,000 $0 0.00%
PUEBLO, CO (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
Dodge City, KS (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
Dixon, IL (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
RAPID CITY, SD (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
Burlington, IA-IL (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
PEORIA, IL (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
Grants, NM (FHA|USDA|VA) 1 $65,000 $65,000 $0 0.00%
Tbk Bank Ssb's top markets include Durango, Dallas, College Station, Denver, and Davenport among others.

Their top states include:
  • Colorado (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 200 $71,390,000 $356,950 $0 0.00%

    For 2021, Tbk Bank Ssb's most frequently originated type of loan was Conventional, with 200 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 89 $35,095,000 $394,326 $0 0.00%
    Refi 75 $28,055,000 $374,067 $0 0.00%
    Cash Out Refi 36 $8,240,000 $228,889 $0 0.00%

    For 2021, Tbk Bank Ssb's most frequently cited loan purpose was Home Purchase, with 89 originations. The 2nd most popular reason was Refi, with 75 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 200 $71,390,000 $356,950 $0 0.00%

    For 2021, Tbk Bank Ssb's most frequently cited loan duration was Other, with 200 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 89 $25,355,000 $284,888 $0 0.00%
    $100k-200k 52 $7,120,000 $136,923 $0 0.00%
    $100,000 or less 25 $1,695,000 $67,800 $0 0.00%
    $400k-600k 22 $10,920,000 $496,364 $0 0.00%
    $1MM+ 6 $21,570,000 $3,595,000 $0 0.00%
    $600k-1MM 6 $4,730,000 $788,333 $0 0.00%

    2021 saw Tbk Bank Ssb place emphasis on $200k-400k loans with 89 originations, totaling $25,355,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 33 $6,055,000 $183,485 $0 0.00%
    $100k-150k 30 $7,650,000 $255,000 $0 0.00%
    $50k or less 25 $3,245,000 $129,800 $0 0.00%
    $75k-100k 25 $6,535,000 $261,400 $0 0.00%
    $150k-250k 20 $7,040,000 $352,000 $0 0.00%
    $250k+ 12 $6,710,000 $559,167 $0 0.00%

    Tbk Bank Ssb lent most frequently to those with incomes in the $50k-75k range, with 33 originations. The second most popular income band? $100k-150k, with 30 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 200 $71,390,000 $356,950 $0 0.00%

    Tbk Bank Ssb lent most frequently to those with DTI ratios of Exempt%, with 200 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 148 $39,380,000 $266,081 $0 0.00%
    Not applicable 24 $25,250,000 $1,052,083 $0 0.00%
    Not provided 19 $4,305,000 $226,579 $0 0.00%
    American Indian 3 $805,000 $268,333 $0 0.00%
    Asian Indian 2 $660,000 $330,000 $0 0.00%
    Black 2 $530,000 $265,000 $0 0.00%
    Asian 1 $315,000 $315,000 $0 0.00%
    Other Asian 1 $145,000 $145,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    77.71%

    Tbk Bank Ssb has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    68.00%

    Tbk Bank Ssb 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 200 $71,390,000 $356,950

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    200 $71,390,000 $356,950

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    TIAA, FSB VA mortgage Trouble during payment process 1 1.2%
    TIAA, FSB Conventional home mortgage Struggling to pay mortgage 9 11.1%
    TIAA, FSB Conventional home mortgage Trouble during payment process 45 55.6%
    TIAA, FSB FHA mortgage Struggling to pay mortgage 2 2.5%
    TIAA, FSB FHA mortgage Trouble during payment process 4 4.9%
    TIAA, FSB Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 1.2%
    TIAA, FSB Home equity loan or line of credit (HELOC) Trouble during payment process 3 3.7%
    TIAA, FSB Other type of mortgage Trouble during payment process 4 4.9%
    TIAA, FSB VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 1.2%
    TIAA, FSB Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 3 3.7%
    TIAA, FSB Conventional home mortgage Closing on a mortgage 6 7.4%
    TIAA, FSB Conventional home mortgage Incorrect information on your report 2 2.5%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Tbk Bank, SSB 100 West Pearl Street Lamar, CO 81052 Full Service B&M $34,914
    Tbk Bank, SSB 101 North Main Holly, CO 81047 Full Service B&M $33,855
    Tbk Bank, SSB 101 West Main Street Havana, IL 62644 Full Service B&M $27,705
    Tbk Bank, SSB 10 Angrove Avenue Johnstown, CO 80534 Full Service B&M $18,296
    Tbk Bank, SSB 102 East First Avenue Milan, IL 61264 Full Service B&M $26,786
    Tbk Bank, SSB 102 N Washington Po Box 72 Otis, CO 80743 Full Service B&M $15,543
    Tbk Bank, SSB 1030 Main Street Springfield, CO 81073 Full Service B&M $33,670
    Tbk Bank, SSB 108 East Goff Street Granada, CO 81041 Full Service B&M $11,122
    Tbk Bank, SSB 11145 Sheridan Boulevard Westminster, CO 80020 Full Service B&M $27,178
    Tbk Bank, SSB 1155 South Camino Del Rio Durango, CO 81303 Full Service Retail $16,910
    Tbk Bank, SSB 122 West Main Street Sterling, CO 80751 Full Service B&M $15,296
    Tbk Bank, SSB 123 Main Street Chadwick, IL 61014 Full Service B&M $24,091
    Tbk Bank, SSB 125 Sawyer Drive Durango, CO 81303 Full Service B&M $24,592
    Tbk Bank, SSB 12700 Park Central Drive, Suite 1700 Dallas, TX 75251 Full Service B&M $1,936,975
    Tbk Bank, SSB 1300 Broad Street Milliken, CO 80543 Full Service B&M $24,725
    Tbk Bank, SSB 1300 John Deere Expressway Silvis, IL 61282 Full Service B&M $22,677
    Tbk Bank, SSB 141 Colorado Avenue Stratton, CO 80836 Full Service B&M $35,789
    Tbk Bank, SSB 141 Main St Mead, CO 80542 Full Service B&M $37,083
    Tbk Bank, SSB 1515 Fortino Boulevard Pueblo, CO 81008 Full Service B&M $46,807
    Tbk Bank, SSB 1600 East Highway 66 Gallup, NM 87301 Full Service B&M $12,476
    Tbk Bank, SSB 1700 2nd Avenue Rapid City, IL 61278 Full Service B&M $26,830
    Tbk Bank, SSB 175 East First Street Akron, CO 80720 Full Service B&M $14,900
    Tbk Bank, SSB 1755 Telstar Drive, Suite 505 Colorado Springs, CO 80920 Full Service B&M $8,623
    Tbk Bank, SSB 2040 1st Street A Moline, IL 61265 Full Service B&M $33,464
    Tbk Bank, SSB 207 1st Avenue La Salle, CO 80645 Full Service B&M $41,339
    Tbk Bank, SSB 211 West Main Street Morrison, IL 61270 Full Service B&M $28,714
    Tbk Bank, SSB 2115 48th Street Moline, IL 61265 Full Service B&M $47,659
    Tbk Bank, SSB 215 Third Avenue Sterling, IL 61081 Full Service B&M $22,454
    Tbk Bank, SSB 229 Main Street Savanna, IL 61074 Full Service B&M $31,445
    Tbk Bank, SSB 259 West Ninth Street Durango, CO 81302 Full Service B&M $318,031
    Tbk Bank, SSB 27 Talisman Drive Pagosa Springs, CO 81147 Full Service B&M $32,187
    Tbk Bank, SSB 30 North 4th Ave Brighton, CO 80601 Full Service B&M $86,552
    Tbk Bank, SSB 309 North Clay Street Mount Carroll, IL 61053 Full Service B&M $54,156
    Tbk Bank, SSB 310 E 3rd St La Junta, CO 81050 Full Service B&M $40,176
    Tbk Bank, SSB 311 W. College Drive Durango, CO 81301 Full Service Retail $15,483
    Tbk Bank, SSB 3151 Us Highway 20 Elgin, IL 60124 Full Service B&M $108,405
    Tbk Bank, SSB 3325 West Kimberly Davenport, IA 52806 Full Service B&M $7,849
    Tbk Bank, SSB 351 Bayfield Center Drive Bayfield, CO 81122 Full Service B&M $73,778
    Tbk Bank, SSB 3650 35th Avenue Evans, CO 80620 Full Service B&M $7,870
    Tbk Bank, SSB 399 West 4th Avenue Severance, CO 80546 Full Service B&M $11,148
    Tbk Bank, SSB 401 Coffman Street Longmont, CO 80501 Full Service B&M $9,394
    Tbk Bank, SSB 418 8th Street Dacono, CO 80514 Full Service B&M $50,377
    Tbk Bank, SSB 423 Broadway Tribune, KS 67879 Full Service B&M $22,545
    Tbk Bank, SSB 432 Morton Street Elkhart, KS 67950 Full Service B&M $21,281
    Tbk Bank, SSB 4900 E. Bromley Lane Brighton, CO 80601 Full Service B&M $82,955
    Tbk Bank, SSB 5210 Jersey Ridge Road Davenport, IA 52807 Full Service B&M $42,473
    Tbk Bank, SSB 550 East Woodward Avenue Keenesburg, CO 80643 Full Service B&M $81,071
    Tbk Bank, SSB 56641 Colfax Avenue Strasburg, CO 80136 Full Service B&M $28,546
    Tbk Bank, SSB 580 Dahlia Street Hudson, CO 80642 Full Service B&M $29,504
    Tbk Bank, SSB 5855 Firestone Blvd Firestone, CO 80504 Full Service B&M $11,679
    Tbk Bank, SSB 6060 Sherry Lane Dallas, TX 75225 Full Service B&M $226,423
    Tbk Bank, SSB 615 West 8th Street Yuma, CO 80759 Full Service B&M $32,267
    Tbk Bank, SSB 6171 North Washington Denver, CO 80216 Full Service B&M $49,268
    Tbk Bank, SSB 6501 Belleview Avenue, Suite 100 Englewood, CO 80111 Full Service B&M $20,889
    Tbk Bank, SSB 701 42nd Avenue East Moline, IL 61244 Full Service B&M $66,743
    Tbk Bank, SSB 703 San Juan Street Pagosa Springs, CO 81147 Full Service B&M $54,334
    Tbk Bank, SSB 717 Sixteenth Avenue East Moline, IL 61244 Full Service B&M $53,977
    Tbk Bank, SSB 725 Highway 24 North Buena Vista, CO 81211 Full Service B&M $61,641
    Tbk Bank, SSB 7401 Jefferson Street Northeast Albuquerque, NM 87109 Full Service B&M $21,336
    Tbk Bank, SSB 801 Main St Fairplay, CO 80440 Full Service B&M $44,194
    Tbk Bank, SSB 801 North Main Street Canton, IL 61520 Full Service B&M $22,919
    Tbk Bank, SSB 824 West Santa Fe Avenue Grants, NM 87020 Full Service B&M $145,175
    Tbk Bank, SSB 852 Middle Road, Duck Creek Mall, Space #101 Bettendorf, IA 52722 Full Service B&M $122,140
    Tbk Bank, SSB 94 S Tiffany Pueblo West, CO 81007 Full Service B&M $23,749

    For 2021, Tbk Bank Ssb had 64 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $387,454
    Net interest income $377,249
    Total noninterest income $54,219
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $7,724
    Trading account gains and fees $0
    Additional Noninterest Income $46,495
    Pre-tax net operating income $156,705
    Securities gains (or losses, -) $-317
    Income before extraordinary items $122,206
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $122,206
    Minority interest net income $0
    Net income $122,206
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $122,456

    Tbk Bank Ssb's gross interest income from loans was $387,454,000.
    Tbk Bank Ssb's net interest income from loans was $377,249,000.
    Tbk Bank Ssb's fee based income from loans was $7,724,000.
    Tbk Bank Ssb's net income from loans was $122,206,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $10,205
    Provision for credit losses $-8,887
    Total noninterest expense $283,650
    Salaries and employee benefits $173,170
    Premises and equipment expense $23,880
    Additional noninterest expense $86,600
    Applicable income taxes $34,182
    Net charge-offs $45,562
    Cash dividends $0

    Tbk Bank Ssb's interest expense for loans was $10,205,000.
    Tbk Bank Ssb's payroll and benefits expense were $173,170,000.
    Tbk Bank Ssb's property, plant and equipment expenses $23,880,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    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 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 1.0%
    Personal loans 2.0%
    Credit card loans 0.0%
    Other individual loans 2.0%
    Auto loans 0.0%
    Other consumer loans 2.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $4,703,710
    Deposits held in domestic offices $4,703,710
    Deposits by Individuals, partnerships, and corporations $4,368,920
    Deposits by U.S. Government $9
    Deposits by States and political subdivisions in the U.S. $254,753
    Deposits by Commercial banks and other depository institutions in U.S. $80,028
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $2,538,396
    Demand deposits $2,390,461
    Nontransaction accounts $2,165,314
    Money market deposit accounts (MMDAs) $730,400
    Other savings deposits (excluding MMDAs) $778,173
    Total time deposits $656,741
    Total time and savings deposits $2,313,249
    Noninterest-bearing deposits $1,982,401
    Interest-bearing deposits $2,721,309
    Retail deposits $4,356,033
    IRAs and Keogh plan accounts $83,651
    Brokered deposits $250,170
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $5,942,945
    Cash & Balances due from depository institutions $375,481
    Interest-bearing balances $252,552
    Total securities $187,930
    Federal funds sold & reverse repurchase $0
    Net loans and leases $4,831,993
    Loan and leases loss allowance $42,209
    Trading account assets $0
    Bank premises and fixed assets $138,397
    Other real estate owned $524
    Goodwill and other intangibles $276,856
    All other assets $131,764

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $5,942,945
    Total Liabilities $5,004,691
    Total deposits $4,703,710
    Interest-bearing deposits $2,721,309
    Deposits held in domestic offices $4,703,710
    % insured (estimated) $50
    Federal funds purchased and repurchase agreements $2,103
    Trading liabilities $0
    Other borrowed funds $207,144
    Subordinated debt $0
    All other liabilities $91,734

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $4,831,993
    Loan and leases loss allowance $42,209
    Total loans and leases (domestic) $4,874,202
    All real estate loans $965,384
    Real estate loans in domestic offices $965,384
    Construction and development loans $124,615
    Residential 1-4 family construction $23,465
    Other construction, all land development and other land $101,150
    Loans secured by nonfarm nonresidential properties $511,082
    Nonfarm nonresidential secured by owner-occupied properties $197,910
    Commercial real estate & other non-farm, non-residential $313,172
    Multifamily residential real estate $119,788
    1-4 family residential loans $124,776
    Farmland loans $85,123
    Loans held in foreign offices $0
    Farm loans $62,872
    Commercial and industrial loans $3,028,777
    To non-U.S. addressees $225
    Loans to individuals $10,885
    Credit card loans $0
    Related Plans $766
    Consumer Auto Loans $2,075
    Other loans to individuals $8,044
    All other loans & leases $806,285
    Loans to foreign governments and official institutions $0
    Other loans $770,338
    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 $764
    Non 1-4 family restructured loans & leases $763
    Total loans and leases (foreign) $0

    TBK BANK SSB had $4,831,993,000 of loans outstanding in 2021. $965,384,000 of loans were in real estate loans. $124,615,000 of loans were in development loans. $119,788,000 of loans were in multifamily mortgage loans. $124,776,000 of loans were in 1-4 family mortgage loans. $62,872,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,075,000 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 537 $119,048 $221,691
    Nonfarm, nonresidential loans - <$100k 96 $3,642 $37,938
    Nonfarm, nonresidential loans - $100-250k 169 $18,929 $112,006
    Nonfarm, nonresidential loans - $250k-1MM 272 $96,477 $354,695
    Commercial & Industrial, US addressed loans - <$1MM 16,025 $1,206,127 $75,265
    Commercial & Industrial, US addressed loans - <$100k 12,166 $293,207 $24,101
    Commercial & Industrial, US addressed loans - $100-250k 2,061 $265,234 $128,692
    Commercial & Industrial, US addressed loans - $250k-1MM 1,798 $647,686 $360,226
    Farmland loans - <$1MM 244 $33,212 $136,115
    Farmland loans - <$100k 71 $3,012 $42,423
    Farmland loans - $100-250k 96 $10,950 $114,063
    Farmland loans - $250k-1MM 77 $19,250 $250,000
    Agriculture operations loans - <$1MM 631 $42,521 $67,387
    Agriculture operations loans - <$100k 413 $8,761 $21,213
    Agriculture operations loans - $100-250k 126 $11,860 $94,127
    Agriculture operations loans - $250k-1MM 92 $21,900 $238,043