Vista Bank Mortgage Rates, Fees & Info

Dallas, TX

LEI: 5493009LZZ8VZRVIX755

Tax ID: 75-0548850

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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

    Vista Bank is a smaller bank specializing in Home Purchase loans. Vista Bank has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Lubbock, Austin, Killeen, and Riverside among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Vista 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. Vista Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

    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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    Originations

    159

    Origination Dollar Volume (All Markets)

    $58,925,000

    Employee count

    133

    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
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 45 $38,815,000 $862,556 $10,324 5.81%
    LUBBOCK, TX (FHA|USDA|VA) 75 $7,325,000 $97,667 $2,096 6.16%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 6 $5,330,000 $888,333 $0 6.25%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $1,810,000 $905,000 $0 5.27%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $1,595,000 $1,595,000 $0 5.95%
    Plainview, TX (FHA|USDA|VA) 13 $1,205,000 $92,692 $2,862 6.47%
    AMARILLO, TX (FHA|USDA|VA) 1 $555,000 $555,000 $0 5.55%
    Mineral Wells, TX (FHA|USDA|VA) 1 $505,000 $505,000 $0 6.25%
    TUSCALOOSA, AL (FHA|USDA|VA) 1 $465,000 $465,000 $2,918 5.43%
    MIDLAND, TX (FHA|USDA|VA) 4 $330,000 $82,500 $0 6.16%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $265,000 $265,000 $0 5.85%
    ABILENE, TX (FHA|USDA|VA) 4 $240,000 $60,000 $0 5.50%
    Paris, TX (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.75%
    Ruidoso, NM (FHA|USDA|VA) 1 $115,000 $115,000 $0 6.25%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $95,000 $95,000 $0 5.50%
    ODESSA, TX (FHA|USDA|VA) 1 $65,000 $65,000 $0 6.00%
    Outside of Metro Areas 1 $55,000 $55,000 $0 6.00%
    Vista Bank's top markets include Dallas, Lubbock, Austin, Killeen, and Riverside among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • New Mexico (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 158 $58,770,000 $371,962 $4,809 6.04%
    HELOC 1 $155,000 $155,000 n/a 6.75%

    For 2018, Vista Bank's most frequently originated type of loan was Conventional, with 158 originations. Their 2nd most popular type was HELOC, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 128 $47,090,000 $367,891 $3,877 6.03%
    Refi 23 $10,655,000 $463,261 $16,896 6.07%
    Home Improvement 7 $855,000 $122,143 $2,973 6.26%
    Cash Out Refi 1 $325,000 $325,000 $0 6.25%

    For 2018, Vista Bank's most frequently cited loan purpose was Home Purchase, with 128 originations. The 2nd most popular reason was Refi, with 23 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    5 Year 43 $18,245,000 $424,302 $0 5.75%
    Other 33 $24,095,000 $730,152 $5,708 6.33%
    20 Year 22 $2,820,000 $128,182 $0 6.02%
    15 Year 20 $1,770,000 $88,500 $0 6.41%
    1 Year 18 $4,660,000 $258,889 $3,745 6.03%
    3 Year 15 $5,655,000 $377,000 $0 5.88%
    10 Year 5 $685,000 $137,000 $0 6.40%
    30 Year 3 $995,000 $331,667 $3,120 5.39%

    For 2018, Vista Bank's most frequently cited loan duration was 5 Year, with 43 originations. The 2nd most popular length was Other, with 33 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 13 $7,905,000 $608,077
    $4k-5k 1 $275,000 $275,000

    Vista Bank's average total fees were $3,120, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 13 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 107 $46,645,000 $435,935
    6-7% 42 $11,660,000 $277,619
    7-8% 8 $220,000 $27,500
    4-5% 2 $400,000 $200,000

    During 2018, Vista Bank's average interest rate for loans was 5.39%, while their most frequently originated rate bucket for loans was 5-6%, with 107 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 73 $3,955,000 $54,178 $1,533 6.22%
    $100k-200k 40 $5,550,000 $138,750 $2,862 5.99%
    $200k-400k 22 $5,960,000 $270,909 $3,221 5.86%
    $1MM+ 13 $36,495,000 $2,807,308 $12,260 5.73%
    $400k-600k 6 $3,050,000 $508,333 $3,717 5.81%
    $600k-1MM 5 $3,915,000 $783,000 $0 5.85%

    2018 saw Vista Bank place emphasis on $100,000 or less loans with 73 originations, totaling $3,955,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 17 $1,375,000 $80,882 $3,374 5.98%
    $250k+ 13 $8,445,000 $649,615 $8,843 5.91%
    $100k-150k 12 $1,020,000 $85,000 $3,067 6.34%
    $50k or less 6 $390,000 $65,000 $2,264 6.72%
    $75k-100k 6 $310,000 $51,667 $1,689 6.92%
    $50k-75k 5 $315,000 $63,000 $0 6.25%

    Vista Bank lent most frequently to those with incomes in the $150k-250k range, with 17 originations. The second most popular income band? $250k+, with 13 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 7 $1,015,000 $145,000 $2,599 6.65%
    <20% 6 $3,600,000 $600,000 $8,795 6.15%
    30-36% 5 $175,000 $35,000 $0 6.93%
    36% 3 $765,000 $255,000 $2,958 6.67%
    41% 2 $1,630,000 $815,000 $10,114 6.22%
    43% 1 $1,535,000 $1,535,000 $9,768 6.36%
    37% 1 $295,000 $295,000 $3,374 5.37%
    38% 1 $115,000 $115,000 $2,752 5.32%
    39% 1 $55,000 $55,000 $0 7.25%
    40% 1 $45,000 $45,000 $0 6.00%

    Vista Bank lent most frequently to those with DTI ratios of 20-30%, with 7 originations. The next most common DTI ratio? <20%, with 6 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 89 $45,225,000 $508,146 $0 5.90%
    White 62 $10,660,000 $171,935 $4,645 6.30%
    Asian 5 $2,245,000 $449,000 $9,768 6.07%
    Black 2 $760,000 $380,000 $3,146 5.40%
    American Indian 1 $35,000 $35,000 $0 5.00%

    Approval Rates

    Total approvals of all applications
    97.56%

    Vista Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    99.37%

    Vista Bank has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 159 $58,925,000 $370,597

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 13 $31,055,000 $2,388,846
    Single Family (1-4 Units):Manufactured 1 $115,000 $115,000
    Single Family (1-4 Units):Site-Built 145 $27,755,000 $191,414

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 8 $4,360,000 $545,000 $0 6.18%
    40-60% 16 $2,160,000 $135,000 $2,186 6.18%
    60-80% 89 $27,095,000 $304,438 $6,925 6.01%
    80-100% 43 $22,555,000 $524,535 $3,919 6.05%
    Over 100% 1 $1,595,000 $1,595,000 $0 5.95%
    Under 20% 2 $1,160,000 $580,000 $0 6.00%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Vista Bank Fifth And Union Rule, TX 79547 Full Service B&M $56,663
    Vista Bank 901 Main Street Ralls, TX 79357 Full Service B&M $48,176
    Vista Bank 1300 Summit Avenue Fort Worth, TX 76102 Full Service B&M $69,251
    Vista Bank 1508 Texas Avenue Lubbock, TX 79401 Full Service Cyber Office $47
    Vista Bank 1523 Main Petersburg, TX 79250 Full Service B&M $25,477
    Vista Bank 231 South Central Avenue Hamlin, TX 79520 Full Service B&M $36,047
    Vista Bank 3000 Olton Road Plainview, TX 79072 Full Service B&M $32,979
    Vista Bank 301 Main Street Idalou, TX 79329 Full Service B&M $47,740
    Vista Bank 317 Main Abernathy, TX 79311 Full Service B&M $13,756
    Vista Bank 3720 Jefferson Street Austin, TX 78731 Full Service B&M $24,180
    Vista Bank 4350 19th Street Lubbock, TX 79407 Full Service B&M $36,554
    Vista Bank 4515 98th Street Lubbock, TX 79424 Full Service B&M $28,472
    Vista Bank 4621 50th Street Lubbock, TX 79414 Full Service B&M $135,987
    Vista Bank 6801 Preston Road Dallas, TX 75205 Limited, Drive-thru $71,569
    Vista Bank 701 Main Street Hale Center, TX 79041 Full Service B&M $42,424

    For 2018, Vista Bank had 15 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $34,905
    Net interest income $29,643
    Total noninterest income $6,048
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $2,364
    Trading account gains and fees $0
    Additional Noninterest Income $3,684
    Pre-tax net operating income $-3,131
    Securities gains (or losses, -) $0
    Income before extraordinary items $-2,425
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $-2,425
    Minority interest net income $0
    Net income $-2,425
    Sale, conversion, retirement of capital stock, net $8,380
    Net operating income $-2,425

    Vista Bank's gross interest income from loans was $34,905,000.
    Vista Bank's net interest income from loans was $29,643,000.
    Vista Bank's fee based income from loans was $2,364,000.
    Vista Bank's net income from loans was $-2,425,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $5,262
    Provision for credit losses $3,434
    Total noninterest expense $35,388
    Salaries and employee benefits $11,924
    Premises and equipment expense $2,407
    Additional noninterest expense $21,057
    Applicable income taxes $-706
    Net charge-offs $1,896
    Cash dividends $0

    Vista Bank's interest expense for loans was $5,262,000.
    Vista Bank's payroll and benefits expense were $11,924,000.
    Vista Bank's property, plant and equipment expenses $2,407,000.

    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 $700,585
    Deposits held in domestic offices $700,585
    Deposits by Individuals, partnerships, and corporations $641,263
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $59,322
    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 $52,261
    Demand deposits $32,276
    Nontransaction accounts $648,324
    Money market deposit accounts (MMDAs) $196,449
    Other savings deposits (excluding MMDAs) $274,475
    Total time deposits $177,400
    Total time and savings deposits $668,309
    Noninterest-bearing deposits $176,872
    Interest-bearing deposits $523,713
    Retail deposits $621,962
    IRAs and Keogh plan accounts $5,855
    Brokered deposits $75,021
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $802,720
    Cash & Balances due from depository institutions $104,873
    Interest-bearing balances $92,644
    Total securities $31,380
    Federal funds sold & reverse repurchase $0
    Net loans and leases $615,330
    Loan and leases loss allowance $5,844
    Trading account assets $0
    Bank premises and fixed assets $20,891
    Other real estate owned $48
    Goodwill and other intangibles $3,428
    All other assets $26,770

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $802,720
    Total Liabilities $726,315
    Total deposits $700,585
    Interest-bearing deposits $523,713
    Deposits held in domestic offices $700,585
    % insured (estimated) $58
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $22,895
    Subordinated debt $0
    All other liabilities $2,835

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $615,330
    Loan and leases loss allowance $5,844
    Total loans and leases (domestic) $621,174
    All real estate loans $441,536
    Real estate loans in domestic offices $441,536
    Construction and development loans $90,627
    Residential 1-4 family construction $18,544
    Other construction, all land development and other land $72,083
    Loans secured by nonfarm nonresidential properties $191,541
    Nonfarm nonresidential secured by owner-occupied properties $65,029
    Commercial real estate & other non-farm, non-residential $126,512
    Multifamily residential real estate $33,153
    1-4 family residential loans $83,816
    Farmland loans $42,399
    Loans held in foreign offices $0
    Farm loans $43,849
    Commercial and industrial loans $122,031
    To non-U.S. addressees $0
    Loans to individuals $7,864
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $7,864
    Other loans to individuals $0
    All other loans & leases $5,894
    Loans to foreign governments and official institutions $0
    Other loans $956
    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 $2,027
    Non 1-4 family restructured loans & leases $2,027
    Total loans and leases (foreign) $0

    Vista Bank had $615,330,000 of loans outstanding in 2018. $441,536,000 of loans were in real estate loans. $90,627,000 of loans were in development loans. $33,153,000 of loans were in multifamily mortgage loans. $83,816,000 of loans were in 1-4 family mortgage loans. $43,849,000 of loans were in farm loans. $0 of loans were in credit card loans. $7,864,000 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 115 $27,361 $237,922
    Nonfarm, nonresidential loans - <$100k 37 $1,330 $35,946
    Nonfarm, nonresidential loans - $100-250k 32 $3,545 $110,781
    Nonfarm, nonresidential loans - $250k-1MM 46 $22,486 $488,826
    Commercial & Industrial, US addressed loans - <$1MM 702 $50,978 $72,618
    Commercial & Industrial, US addressed loans - <$100k 510 $9,013 $17,673
    Commercial & Industrial, US addressed loans - $100-250k 100 $10,776 $107,760
    Commercial & Industrial, US addressed loans - $250k-1MM 92 $31,189 $339,011
    Farmland loans - <$1MM 75 $7,483 $99,773
    Farmland loans - <$100k 38 $1,453 $38,237
    Farmland loans - $100-250k 28 $3,316 $118,429
    Farmland loans - $250k-1MM 9 $2,714 $301,556
    Agriculture operations loans - <$1MM 424 $21,452 $50,594
    Agriculture operations loans - <$100k 306 $5,888 $19,242
    Agriculture operations loans - $100-250k 77 $7,515 $97,597
    Agriculture operations loans - $250k-1MM 41 $8,049 $196,317