Mineola Community Bank S.s.b. Mortgage Rates, Fees & Info

Mineola, TX

LEI: 54930067OMWEWTHVDO95

Tax ID: 75-0440734

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Mineola Community Bank S.s.b. is a smaller bank specializing in Refi and Home Purchase loans. Mineola Community Bank S.s.b. has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Tyler, Houston, Longview, and Sherman among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Mineola Community Bank S.s.b. has an above 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.


    Originations

    186

    Origination Dollar Volume (All Markets)

    $48,380,000

    Employee count

    61

    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
    Outside of Metro Areas 100 $20,300,000 $203,000 $0 0.00%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 35 $15,885,000 $453,857 $0 0.00%
    TYLER, TX (FHA|USDA|VA) 38 $8,390,000 $220,789 $0 0.00%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $1,410,000 $705,000 $0 0.00%
    LONGVIEW, TX (FHA|USDA|VA) 5 $875,000 $175,000 $0 0.00%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $800,000 $400,000 $0 0.00%
    Mount Pleasant, TX (FHA|USDA|VA) 2 $280,000 $140,000 $0 0.00%
    Athens, TX (FHA|USDA|VA) 1 $275,000 $275,000 $0 0.00%
    Jacksonville, TX (FHA|USDA|VA) 1 $165,000 $165,000 $0 0.00%
    Mineola Community Bank S.s.b.'s top markets include Dallas, Tyler, Houston, Longview, and Sherman among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 186 $48,380,000 $260,108 $0 0.00%

    For 2021, Mineola Community Bank S.s.b.'s most frequently originated type of loan was Conventional, with 186 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 73 $18,785,000 $257,329 $0 0.00%
    Home Purchase 57 $17,765,000 $311,667 $0 0.00%
    Cash Out Refi 38 $8,150,000 $214,474 $0 0.00%
    Other 13 $3,065,000 $235,769 $0 0.00%
    Home Improvement 5 $615,000 $123,000 $0 0.00%

    For 2021, Mineola Community Bank S.s.b.'s most frequently cited loan purpose was Refi, with 73 originations. The 2nd most popular reason was Home Purchase, with 57 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 186 $48,380,000 $260,108 $0 0.00%

    For 2021, Mineola Community Bank S.s.b.'s most frequently cited loan duration was Other, with 186 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 64 $9,610,000 $150,156 $0 0.00%
    $200k-400k 56 $15,190,000 $271,250 $0 0.00%
    $100,000 or less 35 $2,385,000 $68,143 $0 0.00%
    $400k-600k 15 $7,015,000 $467,667 $0 0.00%
    $600k-1MM 13 $9,785,000 $752,692 $0 0.00%
    $1MM+ 3 $4,395,000 $1,465,000 $0 0.00%

    2021 saw Mineola Community Bank S.s.b. place emphasis on $100k-200k loans with 64 originations, totaling $9,610,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 40 $8,430,000 $210,750 $0 0.00%
    $75k-100k 36 $8,030,000 $223,056 $0 0.00%
    $50k-75k 30 $5,440,000 $181,333 $0 0.00%
    $50k or less 30 $4,760,000 $158,667 $0 0.00%
    $250k+ 25 $12,405,000 $496,200 $0 0.00%
    $150k-250k 18 $6,970,000 $387,222 $0 0.00%

    Mineola Community Bank S.s.b. lent most frequently to those with incomes in the $100k-150k range, with 40 originations. The second most popular income band? $75k-100k, with 36 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 186 $48,380,000 $260,108 $0 0.00%

    Mineola Community Bank S.s.b. lent most frequently to those with DTI ratios of Exempt%, with 186 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 176 $45,650,000 $259,375 $0 0.00%
    Not applicable 7 $2,345,000 $335,000 $0 0.00%
    American Indian 1 $205,000 $205,000 $0 0.00%
    Black 1 $115,000 $115,000 $0 0.00%
    Not provided 1 $65,000 $65,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.08%

    Mineola Community Bank S.s.b. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.65%

    Mineola Community Bank S.s.b. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 186 $48,380,000 $260,108

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    186 $48,380,000 $260,108

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Mineola Community Bank, S.S.B. 1224 North Pacific Mineola, TX 75773 Full Service Retail $13,580
    Mineola Community Bank, S.S.B. 215 West Broad Mineola, TX 75773 Full Service B&M $148,907
    Mineola Community Bank, S.S.B. 304 S. Main St. Lindale, TX 75771 Full Service B&M $9,671
    Mineola Community Bank, S.S.B. 415 W. Frank Street Grand Saline, TX 75140 Full Service B&M $48,078
    Mineola Community Bank, S.S.B. 500 South Main Winnsboro, TX 75494 Full Service B&M $38,195
    Mineola Community Bank, S.S.B. 500 West Pine Street Edgewood, TX 75117 Full Service B&M $28,369

    For 2021, Mineola Community Bank S.s.b. had 6 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $10,628
    Net interest income $8,517
    Total noninterest income $1,628
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $474
    Trading account gains and fees $0
    Additional Noninterest Income $1,154
    Pre-tax net operating income $1,244
    Securities gains (or losses, -) $0
    Income before extraordinary items $1,033
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $1,033
    Minority interest net income $0
    Net income $1,033
    Sale, conversion, retirement of capital stock, net $1
    Net operating income $1,033

    Mineola Community Bank S.s.b.'s gross interest income from loans was $10,628,000.
    Mineola Community Bank S.s.b.'s net interest income from loans was $8,517,000.
    Mineola Community Bank S.s.b.'s fee based income from loans was $474,000.
    Mineola Community Bank S.s.b.'s net income from loans was $1,033,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,111
    Provision for credit losses $50
    Total noninterest expense $8,851
    Salaries and employee benefits $5,157
    Premises and equipment expense $725
    Additional noninterest expense $2,969
    Applicable income taxes $211
    Net charge-offs $19
    Cash dividends $500

    Mineola Community Bank S.s.b.'s interest expense for loans was $2,111,000.
    Mineola Community Bank S.s.b.'s payroll and benefits expense were $5,157,000.
    Mineola Community Bank S.s.b.'s property, plant and equipment expenses $725,000.

    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 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 2.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 1.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $288,464
    Deposits held in domestic offices $288,464
    Deposits by Individuals, partnerships, and corporations $286,808
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $1,656
    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 $125,354
    Demand deposits $54,124
    Nontransaction accounts $163,110
    Money market deposit accounts (MMDAs) $10,950
    Other savings deposits (excluding MMDAs) $79,616
    Total time deposits $72,544
    Total time and savings deposits $234,340
    Noninterest-bearing deposits $54,107
    Interest-bearing deposits $234,357
    Retail deposits $275,076
    IRAs and Keogh plan accounts $13,292
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $364,674
    Cash & Balances due from depository institutions $20,606
    Interest-bearing balances $14,955
    Total securities $90,481
    Federal funds sold & reverse repurchase $16,264
    Net loans and leases $220,267
    Loan and leases loss allowance $1,592
    Trading account assets $0
    Bank premises and fixed assets $6,686
    Other real estate owned $209
    Goodwill and other intangibles $537
    All other assets $9,624

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $364,674
    Total Liabilities $318,245
    Total deposits $288,464
    Interest-bearing deposits $234,357
    Deposits held in domestic offices $288,464
    % insured (estimated) $86
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $27,570
    Subordinated debt $0
    All other liabilities $2,211

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $220,267
    Loan and leases loss allowance $1,592
    Total loans and leases (domestic) $221,859
    All real estate loans $209,945
    Real estate loans in domestic offices $209,945
    Construction and development loans $17,650
    Residential 1-4 family construction $11,138
    Other construction, all land development and other land $6,512
    Loans secured by nonfarm nonresidential properties $31,686
    Nonfarm nonresidential secured by owner-occupied properties $10,704
    Commercial real estate & other non-farm, non-residential $20,982
    Multifamily residential real estate $354
    1-4 family residential loans $153,813
    Farmland loans $6,442
    Loans held in foreign offices $0
    Farm loans $234
    Commercial and industrial loans $6,141
    To non-U.S. addressees $0
    Loans to individuals $4,177
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $902
    Other loans to individuals $3,275
    All other loans & leases $1,362
    Loans to foreign governments and official institutions $0
    Other loans $138
    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 $89
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Mineola Community Bank S.S.B. had $220,267,000 of loans outstanding in 2021. $209,945,000 of loans were in real estate loans. $17,650,000 of loans were in development loans. $354,000 of loans were in multifamily mortgage loans. $153,813,000 of loans were in 1-4 family mortgage loans. $234,000 of loans were in farm loans. $0 of loans were in credit card loans. $902,000 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 84 $13,715 $163,274
    Nonfarm, nonresidential loans - <$100k 28 $1,084 $38,714
    Nonfarm, nonresidential loans - $100-250k 31 $3,651 $117,774
    Nonfarm, nonresidential loans - $250k-1MM 25 $8,980 $359,200
    Commercial & Industrial, US addressed loans - <$1MM 147 $4,997 $33,993
    Commercial & Industrial, US addressed loans - <$100k 125 $2,488 $19,904
    Commercial & Industrial, US addressed loans - $100-250k 17 $1,662 $97,765
    Commercial & Industrial, US addressed loans - $250k-1MM 5 $847 $169,400
    Farmland loans - <$1MM 37 $3,869 $104,568
    Farmland loans - <$100k 16 $816 $51,000
    Farmland loans - $100-250k 16 $2,020 $126,250
    Farmland loans - $250k-1MM 5 $1,033 $206,600
    Agriculture operations loans - <$1MM 14 $234 $16,714
    Agriculture operations loans - <$100k 14 $234 $16,714