Bryant Bank Mortgage Rates, Fees & Info

Tuscaloosa, AL

LEI: 54930069UB3VEGAQ9661

Tax ID: 20-2960984

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Mortgage Data

Bank Data

Review & Overview

Bryant Bank is a smaller bank specializing in Home Purchase and Refi loans. Bryant Bank has a high proportion of conventional loans. Their top markets by origination volume include: Huntsville, Tuscaloosa, Birmingham, Daphne, and Auburn among others. We have data for 25 markets. (Some data included below & more in-depth data is available with an active subscription.)

Bryant Bank 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.

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.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.27% 3/28/24
30 Year Conventional Purchase 6.59% 3/28/24
30 Year Conventional Refi 6.50% 3/28/24
30 Year Cash-out Refi 6.90% 3/28/24
30 Year FHA Purchase 6.27% 3/28/24
30 Year VA Purchase 6.27% 3/28/24
15 Year Conventional Purchase 6.11% 3/28/24
15 Year Conventional Refi 6.02% 3/28/24
15 Year Cash-out Refi 6.02% 3/28/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Bryant Bank Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Bryant Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

495

Origination Dollar Volume (All Markets)

$132,395,000

Employee count

248

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, AL (FHA|USDA|VA) 136 $28,810,000 $211,838 $0 0.00%
TUSCALOOSA, AL (FHA|USDA|VA) 123 $28,305,000 $230,122 $0 0.00%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 83 $27,945,000 $336,687 $0 0.00%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 95 $23,745,000 $249,947 $0 0.00%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $6,105,000 $6,105,000 $0 0.00%
Glenwood Springs, CO (FHA|USDA|VA) 2 $4,310,000 $2,155,000 $0 0.00%
MOBILE, AL (FHA|USDA|VA) 8 $2,160,000 $270,000 $0 0.00%
Albertville, AL (FHA|USDA|VA) 8 $2,060,000 $257,500 $0 0.00%
Fort Payne, AL (FHA|USDA|VA) 1 $1,515,000 $1,515,000 $0 0.00%
Outside of Metro Areas 9 $1,435,000 $159,444 $0 0.00%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $1,135,000 $378,333 $0 0.00%
Alexander City, AL (FHA|USDA|VA) 2 $960,000 $480,000 $0 0.00%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 3 $915,000 $305,000 $0 0.00%
Jasper, AL (FHA|USDA|VA) 4 $810,000 $202,500 $0 0.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $365,000 $365,000 $0 0.00%
DECATUR, AL (FHA|USDA|VA) 6 $350,000 $58,333 $0 0.00%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $265,000 $265,000 $0 0.00%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $215,000 $215,000 $0 0.00%
Sevierville, TN (FHA|USDA|VA) 1 $185,000 $185,000 $0 0.00%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
JACKSON, MS (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $135,000 $135,000 $0 0.00%
Enterprise, AL (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 2 $100,000 $50,000 $0 0.00%
Bryant Bank's top markets include Huntsville, Tuscaloosa, Birmingham, Daphne, and Auburn among others.

Their top states include:
  • Alabama (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 492 $131,240,000 $266,748 $0 0.00%
    VA 3 $1,155,000 $385,000 $0 0.00%

    For 2019, Bryant Bank's most frequently originated type of loan was Conventional, with 492 originations. Their 2nd most popular type was VA, with 3 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 296 $84,190,000 $284,426 $0 0.00%
    Refi 149 $37,225,000 $249,832 $0 0.00%
    Cash Out Refi 27 $6,935,000 $256,852 $0 0.00%
    Home Improvement 12 $2,640,000 $220,000 $0 0.00%
    Other 11 $1,405,000 $127,727 $0 0.00%

    For 2019, Bryant Bank's most frequently cited loan purpose was Home Purchase, with 296 originations. The 2nd most popular reason was Refi, with 149 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 495 $132,395,000 $267,465 $0 0.00%

    For 2019, Bryant Bank's most frequently cited loan duration was Other, with 495 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 155 $23,855,000 $153,903 $0 0.00%
    $200k-400k 148 $42,060,000 $284,189 $0 0.00%
    $100,000 or less 124 $7,140,000 $57,581 $0 0.00%
    $400k-600k 47 $21,695,000 $461,596 $0 0.00%
    $1MM+ 12 $31,130,000 $2,594,167 $0 0.00%
    $600k-1MM 9 $6,515,000 $723,889 $0 0.00%

    2019 saw Bryant Bank place emphasis on $100k-200k loans with 155 originations, totaling $23,855,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 76 $18,860,000 $248,158 $0 0.00%
    $150k-250k 52 $15,550,000 $299,038 $0 0.00%
    $75k-100k 51 $10,305,000 $202,059 $0 0.00%
    $50k-75k 49 $10,035,000 $204,796 $0 0.00%
    $250k+ 47 $21,395,000 $455,213 $0 0.00%
    $50k or less 39 $5,545,000 $142,179 $0 0.00%

    Bryant Bank lent most frequently to those with incomes in the $100k-150k range, with 76 originations. The second most popular income band? $150k-250k, with 52 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 495 $132,395,000 $267,465 $0 0.00%

    Bryant Bank lent most frequently to those with DTI ratios of Exempt%, with 495 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 289 $76,055,000 $263,166 $0 0.00%
    Not applicable 179 $50,575,000 $282,542 $0 0.00%
    Asian 7 $2,015,000 $287,857 $0 0.00%
    Not provided 9 $1,975,000 $219,444 $0 0.00%
    Black 10 $1,720,000 $172,000 $0 0.00%
    American Indian 1 $55,000 $55,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    93.41%

    Bryant Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    90.51%

    Bryant Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 495 $132,395,000 $267,465

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 4 $1,250,000 $312,500
    Multifamily:Site-Built 28 $19,140,000 $683,571
    Single Family (1-4 Units):Manufactured 8 $500,000 $62,500
    Single Family (1-4 Units):Site-Built 455 $111,505,000 $245,066

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Bryant Bank 2721 John Hawkins Parkway Hoover, AL 35244 Full Service B&M $57,706
    Bryant Bank 137 Main Street Trussville, AL 35173 Full Service Retail $113,510
    Bryant Bank 1502 North Mckenzie Street Foley, AL 36535 Full Service B&M $39,636
    Bryant Bank 1550 Mcfarland Boulevard North Tuscaloosa, AL 35406 Full Service B&M $524,780
    Bryant Bank 1755 New Watermelon Rd Tuscaloosa, AL 35406 Full Service B&M $51,662
    Bryant Bank 1801 Us Highway 98 Daphne, AL 36526 Full Service B&M $48,648
    Bryant Bank 1804 Four Mile Post Road Huntsville, AL 35802 Full Service B&M $13,197
    Bryant Bank 1901 University Blvd. Tuscaloosa, AL 35401 Full Service B&M $851
    Bryant Bank 1919 28th Avenue South Birmingham, AL 35209 Full Service B&M $55,666
    Bryant Bank 2001 Lurleen Wallace Boulevard Northport, AL 35476 Full Service Retail $39,600
    Bryant Bank 21290 Highway 25 Columbiana, AL 35051 Full Service Retail $96,098
    Bryant Bank 24847 Commercial Avenue Orange Beach, AL 36561 Full Service B&M $22,657
    Bryant Bank 2700 Cahaba Village Plz Birmingham, AL 35243 Full Service B&M $105,069
    Bryant Bank 320 Pelham Avenue Se Huntsville, AL 35801 Full Service B&M $149,349
    Bryant Bank 415 Church Street, Suite H Huntsville, AL 35801 Full Service Retail $0
    Bryant Bank 5319 U.S. Hwy 280 Birmingham, AL 35242 Full Service B&M $55,281

    For 2019, Bryant Bank had 16 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $68,588
    Net interest income $57,294
    Total noninterest income $6,977
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $3,109
    Trading account gains and fees $355
    Additional Noninterest Income $3,513
    Pre-tax net operating income $25,322
    Securities gains (or losses, -) $1
    Income before extraordinary items $24,610
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $24,610
    Minority interest net income $-13
    Net income $24,623
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $24,609

    Bryant Bank's gross interest income from loans was $68,588,000.
    Bryant Bank's net interest income from loans was $57,294,000.
    Bryant Bank's fee based income from loans was $3,109,000.
    Bryant Bank's net income from loans was $24,623,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $11,294
    Provision for credit losses $265
    Total noninterest expense $38,684
    Salaries and employee benefits $21,868
    Premises and equipment expense $6,749
    Additional noninterest expense $10,067
    Applicable income taxes $713
    Net charge-offs $452
    Cash dividends $16,000

    Bryant Bank's interest expense for loans was $11,294,000.
    Bryant Bank's payroll and benefits expense were $21,868,000.
    Bryant Bank's property, plant and equipment expenses $6,749,000.

    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 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 1.0%
    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 $1,475,949
    Deposits held in domestic offices $1,475,949
    Deposits by Individuals, partnerships, and corporations $1,143,662
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $311,611
    Deposits by Commercial banks and other depository institutions in U.S. $20,676
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $842,363
    Demand deposits $481,822
    Nontransaction accounts $633,586
    Money market deposit accounts (MMDAs) $323,204
    Other savings deposits (excluding MMDAs) $26,706
    Total time deposits $283,676
    Total time and savings deposits $994,127
    Noninterest-bearing deposits $403,006
    Interest-bearing deposits $1,072,943
    Retail deposits $1,339,064
    IRAs and Keogh plan accounts $13,476
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,839,058
    Cash & Balances due from depository institutions $403,414
    Interest-bearing balances $373,944
    Total securities $343,283
    Federal funds sold & reverse repurchase $19
    Net loans and leases $1,019,620
    Loan and leases loss allowance $10,195
    Trading account assets $4,369
    Bank premises and fixed assets $48,091
    Other real estate owned $20
    Goodwill and other intangibles $0
    All other assets $20,242

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,839,058
    Total Liabilities $1,660,902
    Total deposits $1,475,949
    Interest-bearing deposits $1,072,943
    Deposits held in domestic offices $1,475,949
    % insured (estimated) $45
    Federal funds purchased and repurchase agreements $178,248
    Trading liabilities $118
    Other borrowed funds $1,141
    Subordinated debt $0
    All other liabilities $5,446

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,019,620
    Loan and leases loss allowance $10,195
    Total loans and leases (domestic) $1,029,815
    All real estate loans $765,436
    Real estate loans in domestic offices $765,436
    Construction and development loans $147,661
    Residential 1-4 family construction $37,171
    Other construction, all land development and other land $110,490
    Loans secured by nonfarm nonresidential properties $393,113
    Nonfarm nonresidential secured by owner-occupied properties $168,591
    Commercial real estate & other non-farm, non-residential $224,522
    Multifamily residential real estate $26,554
    1-4 family residential loans $191,801
    Farmland loans $6,307
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $195,291
    To non-U.S. addressees $0
    Loans to individuals $14,120
    Credit card loans $0
    Related Plans $3,155
    Consumer Auto Loans $1,554
    Other loans to individuals $9,411
    All other loans & leases $54,968
    Loans to foreign governments and official institutions $0
    Other loans $41,011
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $6,421
    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

    Bryant Bank had $1,019,620,000 of loans outstanding in 2019. $765,436,000 of loans were in real estate loans. $147,661,000 of loans were in development loans. $26,554,000 of loans were in multifamily mortgage loans. $191,801,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $1,554,000 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 515 $132,803 $257,870
    Nonfarm, nonresidential loans - <$100k 106 $4,251 $40,104
    Nonfarm, nonresidential loans - $100-250k 135 $19,643 $145,504
    Nonfarm, nonresidential loans - $250k-1MM 274 $108,909 $397,478
    Commercial & Industrial, US addressed loans - <$1MM 1,136 $106,744 $93,965
    Commercial & Industrial, US addressed loans - <$100k 724 $21,931 $30,291
    Commercial & Industrial, US addressed loans - $100-250k 214 $20,654 $96,514
    Commercial & Industrial, US addressed loans - $250k-1MM 198 $64,159 $324,035
    Farmland loans - <$1MM 7 $798 $114,000
    Farmland loans - <$100k 2 $84 $42,000
    Farmland loans - $100-250k 4 $364 $91,000
    Farmland loans - $250k-1MM 1 $350 $350,000