Toyota Financial Savings Bank Mortgage Rates, Fees & Info

Henderson, NV

LEI: 5493008SP1FN4D81IS17

Tax ID: 20-1170539

5 stars - out of 5 stars, based on 28 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Toyota Financial Savings Bank is a smaller bank specializing in Refi, Home Purchase, and Cash Out Refi loans. Toyota Financial Savings Bank has a high proportion of conventional loans. Their top markets include Los Angeles, Dallas, New York, San Diego, and Miami among others. Toyota Financial Savings Bank has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Toyota Financial Savings Bank is typically an average fee lendor.


Originations

793

Origination Dollar Volume (All Markets)

$554,165,000

Employee count

74 Show all (10) awards

Relative Rate

Toyota Financial Savings Bank's average 30 year fixed rate mortgage of loans were 2.86%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.29%.

Relative Fees

Toyota Financial Savings Bank's average total fees for a 30 year fixed rate mortgage are $5,420.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 87 $86,065,000 $989,253 $6,151 2.68%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 157 $64,345,000 $409,841 $5,248 2.52%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 37 $33,175,000 $896,622 $6,927 2.74%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 23 $27,505,000 $1,195,870 $4,365 2.68%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 13 $20,925,000 $1,609,615 $6,961 2.64%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 30 $20,790,000 $693,000 $5,208 2.79%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 13 $17,925,000 $1,378,846 $4,553 2.53%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 23 $14,605,000 $635,000 $4,318 3.02%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 17 $12,015,000 $706,765 $4,205 2.81%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 15 $11,125,000 $741,667 $4,215 2.71%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 29 $10,865,000 $374,655 $3,810 2.69%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $10,390,000 $2,597,500 $10,323 2.69%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 14 $9,390,000 $670,714 $4,157 2.71%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 6 $8,830,000 $1,471,667 $6,239 2.71%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 11 $7,775,000 $706,818 $3,557 2.84%
Hilo, HI (FHA|USDA|VA) 1 $7,005,000 $7,005,000 $17,568 2.88%
NAPA, CA (FHA|USDA|VA) 2 $6,900,000 $3,450,000 $8,618 2.75%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 4 $6,890,000 $1,722,500 $7,141 2.69%
Outside of Metro Areas 11 $6,795,000 $617,727 $4,331 2.61%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 6 $6,390,000 $1,065,000 $4,158 2.63%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 12 $6,100,000 $508,333 $4,571 2.45%
Outside of Metro Areas 1 $5,765,000 $5,765,000 $33,369 2.75%
RALEIGH-CARY, NC (FHA|USDA|VA) 5 $5,765,000 $1,153,000 $5,552 2.93%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 7 $5,485,000 $783,571 $4,681 2.46%
SALISBURY, MD-DE (FHA|USDA|VA) 9 $4,565,000 $507,222 $4,092 2.89%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 9 $4,445,000 $493,889 $5,211 2.44%
KANSAS CITY, MO-KS (FHA|USDA|VA) 11 $4,385,000 $398,636 $3,144 2.89%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 4 $4,290,000 $1,072,500 $6,999 3.03%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 3 $4,245,000 $1,415,000 $6,585 3.04%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 6 $4,150,000 $691,667 $4,499 3.19%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 4 $4,020,000 $1,005,000 $6,550 2.78%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 5 $3,705,000 $741,000 $3,571 2.83%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $3,510,000 $1,755,000 $5,265 3.25%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 5 $3,455,000 $691,000 $5,167 2.83%
FORT COLLINS, CO (FHA|USDA|VA) 4 $3,430,000 $857,500 $3,408 2.56%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $3,310,000 $1,655,000 $13,555 2.75%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 10 $3,170,000 $317,000 $4,617 2.14%
VALLEJO, CA (FHA|USDA|VA) 4 $2,830,000 $707,500 $3,527 2.69%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 7 $2,815,000 $402,143 $5,848 2.98%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 6 $2,690,000 $448,333 $3,646 2.52%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 6 $2,590,000 $431,667 $4,308 3.04%
Kalispell, MT (FHA|USDA|VA) 2 $2,580,000 $1,290,000 $7,013 2.75%
SALINAS, CA (FHA|USDA|VA) 3 $2,515,000 $838,333 $7,590 2.75%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 5 $2,465,000 $493,000 $5,326 2.55%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $2,355,000 $785,000 $5,256 2.50%
COLUMBUS, OH (FHA|USDA|VA) 4 $2,240,000 $560,000 $3,721 2.81%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 5 $2,045,000 $409,000 $3,249 2.58%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 6 $1,910,000 $318,333 $3,355 2.75%
SALT LAKE CITY, UT (FHA|USDA|VA) 3 $1,765,000 $588,333 $3,962 2.25%
Show Low, AZ (FHA|USDA|VA) 3 $1,615,000 $538,333 $5,117 2.96%
Heber, UT (FHA|USDA|VA) 1 $1,565,000 $1,565,000 $5,235 2.75%
RICHMOND, VA (FHA|USDA|VA) 2 $1,540,000 $770,000 $4,779 2.63%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 3 $1,515,000 $505,000 $3,311 2.42%
PROVO-OREM, UT (FHA|USDA|VA) 3 $1,515,000 $505,000 $3,725 2.50%
BOISE CITY, ID (FHA|USDA|VA) 4 $1,510,000 $377,500 $3,891 2.59%
Centralia, WA (FHA|USDA|VA) 3 $1,505,000 $501,667 $3,242 3.25%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 3 $1,435,000 $478,333 $3,611 2.67%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $1,380,000 $690,000 $3,443 2.88%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $1,370,000 $685,000 $6,163 2.69%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 4 $1,350,000 $337,500 $3,015 2.63%
WILMINGTON, NC (FHA|USDA|VA) 2 $1,340,000 $670,000 $4,095 2.81%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $1,255,000 $1,255,000 $3,636 2.88%
RENO, NV (FHA|USDA|VA) 2 $1,180,000 $590,000 $4,017 2.63%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $1,180,000 $590,000 $3,966 2.88%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 2 $1,150,000 $575,000 $4,477 2.81%
Morehead City, NC (FHA|USDA|VA) 2 $1,150,000 $575,000 $3,686 2.75%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 3 $1,135,000 $378,333 $3,470 2.38%
SHERMAN-DENISON, TX (FHA|USDA|VA) 3 $1,135,000 $378,333 $4,959 2.75%
ST. LOUIS, MO-IL (FHA|USDA|VA) 3 $1,125,000 $375,000 $2,747 3.00%
ANN ARBOR, MI (FHA|USDA|VA) 2 $1,100,000 $550,000 $3,002 2.88%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 3 $1,085,000 $361,667 $3,186 3.00%
HUNTSVILLE, AL (FHA|USDA|VA) 4 $1,070,000 $267,500 $4,460 2.81%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $995,000 $331,667 $4,619 2.83%
SIOUX FALLS, SD (FHA|USDA|VA) 1 $965,000 $965,000 $3,754 2.88%
FRESNO, CA (FHA|USDA|VA) 2 $910,000 $455,000 $4,263 2.88%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $885,000 $885,000 $3,771 3.13%
BILLINGS, MT (FHA|USDA|VA) 1 $805,000 $805,000 $5,395 2.63%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $785,000 $785,000 $5,297 3.50%
Houghton, MI (FHA|USDA|VA) 1 $785,000 $785,000 $4,991 2.38%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $725,000 $725,000 $4,830 2.88%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $720,000 $360,000 $3,270 2.88%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $695,000 $695,000 $3,876 2.50%
BATTLE CREEK, MI (FHA|USDA|VA) 1 $685,000 $685,000 $3,043 2.75%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $685,000 $685,000 $5,350 2.50%
OCEAN CITY, NJ (FHA|USDA|VA) 2 $680,000 $340,000 $3,833 2.69%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $680,000 $340,000 $4,529 3.06%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $670,000 $335,000 $3,563 3.13%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 2 $650,000 $325,000 $3,531 2.50%
MOBILE, AL (FHA|USDA|VA) 2 $650,000 $325,000 $3,178 2.94%
Riverton, WY (FHA|USDA|VA) 3 $645,000 $215,000 $3,220 2.08%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $645,000 $645,000 $5,203 2.00%
Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $635,000 $635,000 $5,009 2.88%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $585,000 $585,000 $2,957 3.50%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $560,000 $280,000 $3,784 2.56%
Port Angeles, WA (FHA|USDA|VA) 2 $550,000 $275,000 $3,328 2.19%
FORT WAYNE, IN (FHA|USDA|VA) 2 $550,000 $275,000 $2,591 1.94%
MONTGOMERY, AL (FHA|USDA|VA) 1 $545,000 $545,000 $3,680 2.25%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $545,000 $545,000 $3,502 2.00%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $545,000 $545,000 $8,564 2.00%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $545,000 $545,000 $3,436 2.75%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $545,000 $545,000 $4,071 3.25%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $515,000 $515,000 $4,089 3.50%
Ketchikan, AK (FHA|USDA|VA) 1 $505,000 $505,000 $3,937 2.75%
Clarksburg, WV (FHA|USDA|VA) 1 $505,000 $505,000 $3,815 2.75%
Durango, CO (FHA|USDA|VA) 1 $505,000 $505,000 $2,920 2.63%
MEDFORD, OR (FHA|USDA|VA) 1 $505,000 $505,000 $4,174 2.63%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $475,000 $475,000 $3,140 2.63%
VISALIA, CA (FHA|USDA|VA) 1 $435,000 $435,000 $3,165 2.00%
LONGVIEW, WA (FHA|USDA|VA) 1 $425,000 $425,000 $3,456 2.88%
WICHITA, KS (FHA|USDA|VA) 1 $415,000 $415,000 $3,449 2.25%
Bennington, VT (FHA|USDA|VA) 1 $405,000 $405,000 $5,475 3.00%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $405,000 $405,000 $5,219 2.00%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $385,000 $385,000 $4,989 3.13%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $380,000 $190,000 $3,369 2.50%
MANKATO, MN (FHA|USDA|VA) 1 $375,000 $375,000 $3,067 2.13%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $365,000 $365,000 $4,257 2.25%
DULUTH, MN-WI (FHA|USDA|VA) 1 $355,000 $355,000 $3,525 2.13%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $345,000 $345,000 $3,986 3.00%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $335,000 $335,000 $3,988 2.75%
COLUMBIA, SC (FHA|USDA|VA) 1 $325,000 $325,000 $3,378 3.25%
Traverse City, MI (FHA|USDA|VA) 1 $325,000 $325,000 $2,929 3.13%
STOCKTON, CA (FHA|USDA|VA) 1 $325,000 $325,000 $2,960 1.88%
Kapaa, HI (FHA|USDA|VA) 1 $305,000 $305,000 $0 2.63%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $305,000 $305,000 $4,458 2.50%
ASHEVILLE, NC (FHA|USDA|VA) 1 $295,000 $295,000 $3,172 3.13%
Hood River, OR (FHA|USDA|VA) 1 $295,000 $295,000 $4,554 2.00%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $295,000 $295,000 $2,815 2.00%
Silver City, NM (FHA|USDA|VA) 1 $265,000 $265,000 $3,325 3.13%
Laconia, NH (FHA|USDA|VA) 1 $245,000 $245,000 $0 2.75%
SALEM, OR (FHA|USDA|VA) 1 $235,000 $235,000 $3,624 2.75%
GLENS FALLS, NY (FHA|USDA|VA) 1 $215,000 $215,000 $4,078 2.38%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $215,000 $215,000 $3,366 2.38%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $205,000 $205,000 $0 3.13%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $185,000 $185,000 $3,380 2.38%
BINGHAMTON, NY (FHA|USDA|VA) 1 $125,000 $125,000 $3,388 2.75%

Toyota Financial Savings Bank's top markets include Los Angeles, Dallas, New York, San Diego, and Miami among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 793 $554,165,000 $698,821 $4,987 2.67%

For the 2021 period, Toyota Financial Savings Bank's most frequently originated loan type of loans were Conventional, with 793 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 254 $136,560,000 $537,638 $3,992 2.49%
Home Purchase 247 $210,405,000 $851,842 $6,835 2.82%
Cash Out Refi 246 $160,410,000 $652,073 $4,271 2.65%
Other 43 $46,565,000 $1,082,907 $4,727 2.91%
Home Improvement 3 $225,000 $75,000 $0 4.33%

For the 2021, Toyota Financial Savings Bank's most frequently cited loan purpose of loans were Refi, with 254 originations. The 2nd most popular reason of loans were Home Purchase, with 247 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 547 $443,195,000 $810,229 $5,420 2.86%
15 Year 197 $84,755,000 $430,228 $4,037 2.19%
20 Year 30 $19,180,000 $639,333 $3,984 2.67%
10 Year 14 $4,650,000 $332,143 $3,451 2.12%
Other 5 $2,385,000 $477,000 $3,966 2.93%

For the 2021, Toyota Financial Savings Bank's most frequently cited loan length of loans were 30 Year, with 547 originations. The 2nd most popular length of loans were 15 Year, with 197 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 649 $486,835,000 $750,131
$5k+ 38 $24,990,000 $657,632
$3k-4k 14 $6,160,000 $440,000
$1k-2k 8 $3,730,000 $466,250
$2k-3k 6 $1,270,000 $211,667

$5,420 of loans were Toyota Financial Savings Bank's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 649 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 366 $314,980,000 $860,601
<2.5% 292 $154,000,000 $527,397
3-4% 129 $84,585,000 $655,698
4-5% 5 $525,000 $105,000
5-6% 1 $75,000 $75,000

During 2021, Toyota Financial Savings Bank's average interest rate of loans were 2.86%, while their most frequently originated rate bucket of loans were 2.5-3%, with 366 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 249 $74,645,000 $299,779 $3,776 2.58%
$400k-600k 192 $95,410,000 $496,927 $4,360 2.66%
$600k-1MM 165 $123,555,000 $748,818 $5,371 2.75%
$1MM+ 119 $250,675,000 $2,106,513 $8,644 2.80%
$100k-200k 57 $9,015,000 $158,158 $3,141 2.45%
$100,000 or less 11 $865,000 $78,636 $1,627 3.59%

2021 saw Toyota Financial Savings Bank place emphasis on $200k-400k loans with 249 originations, totaling $74,645,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$250k+ 467 $434,965,000 $931,403 $5,747 2.70%
$150k-250k 185 $76,505,000 $413,541 $4,206 2.58%
$100k-150k 95 $30,245,000 $318,368 $3,660 2.69%
$75k-100k 34 $9,550,000 $280,882 $3,688 2.78%
$50k-75k 10 $2,520,000 $252,000 $3,549 2.51%
$50k or less 2 $380,000 $190,000 $2,632 2.63%

Toyota Financial Savings Bank lent most frequently to those with incomes in the $250k+ range, with 467 originations. The second most popular income band? $150k-250k, with 185 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 249 $156,655,000 $629,137 $4,760 2.66%
<20% 244 $172,090,000 $705,287 $4,984 2.56%
30-36% 138 $107,400,000 $778,261 $5,027 2.74%
41% 28 $20,370,000 $727,500 $7,496 2.71%
40% 27 $18,425,000 $682,407 $4,670 2.82%
38% 26 $18,630,000 $716,538 $4,614 2.64%
42% 25 $15,135,000 $605,400 $4,292 2.91%
39% 19 $11,595,000 $610,263 $5,205 2.88%
37% 19 $18,695,000 $983,947 $5,628 2.78%
36% 17 $14,955,000 $879,706 $5,651 2.95%
43% 1 $215,000 $215,000 $3,582 2.50%

Toyota Financial Savings Bank lent most frequently to those with DTI ratios of 20-30%, with 249 originations. The next most common DTI ratio? <20%, with 244 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 584 $421,110,000 $721,079 $4,916 2.70%
Not provided 135 $93,915,000 $695,667 $4,895 2.63%
Asian 45 $21,655,000 $481,222 $5,581 2.48%
Black 19 $11,155,000 $587,105 $5,417 2.72%
American Indian 3 $3,035,000 $1,011,667 $8,834 2.75%
Asian Indian 2 $1,280,000 $640,000 $3,724 2.56%
Japanese 2 $1,160,000 $580,000 $11,413 2.44%
Other Asian 1 $325,000 $325,000 $2,960 1.88%
Filipino 1 $315,000 $315,000 $3,793 2.50%
Chinese 1 $215,000 $215,000 $4,902 2.75%

Approval Rates

Total approvals of all applications
94.48%

Toyota Financial Savings Bank has an average approval rate.

Pick Rate

Approvals leading to origination
78.54%

Toyota Financial Savings Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 793 $554,165,000 $698,821

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
793 $554,165,000 $698,821

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 75 $29,105,000 $388,067 $3,689 2.36%
40-60% 187 $120,315,000 $643,396 $4,848 2.37%
60-80% 335 $250,925,000 $749,030 $4,993 2.73%
80-100% 185 $152,625,000 $825,000 $5,736 2.94%
Under 20% 11 $1,195,000 $108,636 $1,350 3.59%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Toyota Financial Savings Bank 2485 Village View Drive, Suite 200 Henderson, NV 89074 Full Service B&M $1,565,569

For 2021, Toyota Financial Savings Bank had 1 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $60,896
Net interest income $38,413
Total noninterest income $4,661
Gross Fiduciary activities income $0
Service charges on deposit accounts $0
Trading account gains and fees $0
Additional Noninterest Income $4,661
Pre-tax net operating income $18,757
Securities gains (or losses, -) $-100
Income before extraordinary items $13,826
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $13,826
Minority interest net income $0
Net income $13,826
Sale, conversion, retirement of capital stock, net $0
Net operating income $13,905

Toyota Financial Savings Bank's gross interest income from loans was $60,896,000.
Toyota Financial Savings Bank's net interest income from loans was $38,413,000.
Toyota Financial Savings Bank's fee based income from loans was $0.
Toyota Financial Savings Bank's net income from loans was $13,826,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $22,483
Provision for credit losses $3,293
Total noninterest expense $21,024
Salaries and employee benefits $15,472
Premises and equipment expense $472
Additional noninterest expense $5,080
Applicable income taxes $4,831
Net charge-offs $-257
Cash dividends $0

Toyota Financial Savings Bank's interest expense for loans was $22,483,000.
Toyota Financial Savings Bank's payroll and benefits expense were $15,472,000.
Toyota Financial Savings Bank's property, plant and equipment expenses $472,000.

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 $3,299,457
Deposits held in domestic offices $3,299,457
Deposits by Individuals, partnerships, and corporations $3,299,457
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $0
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 $1
Demand deposits $1
Nontransaction accounts $3,299,456
Money market deposit accounts (MMDAs) $1,361,068
Other savings deposits (excluding MMDAs) $65,880
Total time deposits $1,872,508
Total time and savings deposits $3,299,456
Noninterest-bearing deposits $1
Interest-bearing deposits $3,299,456
Retail deposits $1,448,819
IRAs and Keogh plan accounts $0
Brokered deposits $1,538,096
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $4,410,685
Cash & Balances due from depository institutions $1,367,802
Interest-bearing balances $1,337,195
Total securities $1,210,115
Federal funds sold & reverse repurchase $0
Net loans and leases $1,804,220
Loan and leases loss allowance $12,078
Trading account assets $0
Bank premises and fixed assets $731
Other real estate owned $0
Goodwill and other intangibles $85
All other assets $27,732

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $4,410,685
Total Liabilities $3,514,277
Total deposits $3,299,457
Interest-bearing deposits $3,299,456
Deposits held in domestic offices $3,299,457
% insured (estimated) $91
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $200,741
Subordinated debt $0
All other liabilities $14,079

Issued Loan Types

Type Value (in 000's)
Net loans and leases $1,804,220
Loan and leases loss allowance $12,078
Total loans and leases (domestic) $1,816,298
All real estate loans $1,666,834
Real estate loans in domestic offices $1,666,834
Construction and development loans $44,555
Residential 1-4 family construction $0
Other construction, all land development and other land $44,555
Loans secured by nonfarm nonresidential properties $367,108
Nonfarm nonresidential secured by owner-occupied properties $0
Commercial real estate & other non-farm, non-residential $367,108
Multifamily residential real estate $0
1-4 family residential loans $1,255,171
Farmland loans $0
Loans held in foreign offices $0
Farm loans $0
Commercial and industrial loans $146,159
To non-U.S. addressees $0
Loans to individuals $3,304
Credit card loans $0
Related Plans $0
Consumer Auto Loans $0
Other loans to individuals $3,304
All other loans & leases $0
Loans to foreign governments and official institutions $0
Other loans $0
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 $1,318
Non 1-4 family restructured loans & leases $0
Total loans and leases (foreign) $0

Toyota Financial Savings Bank had $1,804,220,000 of loans outstanding in 2021. $1,666,834,000 of loans were in real estate loans. $44,555,000 of loans were in development loans. $0 of loans were in multifamily mortgage loans. $1,255,171,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $0 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 45 $28,833 $640,733
Nonfarm, nonresidential loans - <$100k 1 $52 $52,000
Nonfarm, nonresidential loans - $100-250k 5 $822 $164,400
Nonfarm, nonresidential loans - $250k-1MM 39 $27,959 $716,897
Commercial & Industrial, US addressed loans - <$1MM 126 $39,354 $312,333
Commercial & Industrial, US addressed loans - <$100k 38 $1,893 $49,816
Commercial & Industrial, US addressed loans - $100-250k 24 $4,081 $170,042
Commercial & Industrial, US addressed loans - $250k-1MM 64 $33,380 $521,563