The Bank & Trust Mortgage Rates, Fees & Info
Del Rio, TXLEI: 549300DNUPSQ3UW3EM09
Tax ID: 74-0588337
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Mortgage Data
Bank Data
Review & Overview
The Bank & Trust is a smaller bank specializing in Home Purchase loans. The Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: San Angelo, Del Rio, San Antonio, Midland, and Dallas among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)The Bank & Trust 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
161Origination Dollar Volume (All Markets)
$26,275,000Employee count
124Top 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 |
|---|---|---|---|---|---|
| SAN ANGELO, TX (FHA|USDA|VA) | 53 | $10,075,000 | $190,094 | $0 | 0.00% |
| Del Rio, TX (FHA|USDA|VA) | 64 | $8,950,000 | $139,844 | $0 | 0.00% |
| Outside of Metro Areas | 31 | $4,045,000 | $130,484 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $0 | 0.00% |
| MIDLAND, TX (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
| ABILENE, TX (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| LAREDO, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Eagle Pass, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 161 | $26,275,000 | $163,199 | $0 | 0.00% |
For 2019, The Bank & Trust's most frequently originated type of loan was Conventional, with 161 originations.
Loan Reason
For 2019, The Bank & Trust's most frequently cited loan purpose was Home Purchase, with 116 originations. The 2nd most popular reason was Cash Out Refi, with 18 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 161 | $26,275,000 | $163,199 | $0 | 0.00% |
For 2019, The Bank & Trust's most frequently cited loan duration was Other, with 161 originations.
Loan Sizing
2019 saw The Bank & Trust place emphasis on $100k-200k loans with 56 originations, totaling $8,060,000 in origination value.
Applicant Income
The Bank & Trust lent most frequently to those with incomes in the $100k-150k range, with 40 originations. The second most popular income band? $150k-250k, with 26 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 161 | $26,275,000 | $163,199 | $0 | 0.00% |
The Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 161 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 146 | $24,720,000 | $169,315 | $0 | 0.00% |
| Not applicable | 15 | $1,555,000 | $103,667 | $0 | 0.00% |
Approval Rates
Total approvals of all applications87.10%
The Bank & Trust has an average approval rate.
Pick Rate
Approvals leading to origination82.61%
The Bank & Trust has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 161 | $26,275,000 | $163,199 |
Occupancy Type Mix
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| TD BANK US HOLDING COMPANY | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 7 | 6.9% |
| TD BANK US HOLDING COMPANY | Conventional home mortgage | Closing on a mortgage | 10 | 9.8% |
| TD BANK US HOLDING COMPANY | Conventional home mortgage | Struggling to pay mortgage | 7 | 6.9% |
| TD BANK US HOLDING COMPANY | Conventional home mortgage | Trouble during payment process | 34 | 33.3% |
| TD BANK US HOLDING COMPANY | FHA mortgage | Struggling to pay mortgage | 1 | 1.0% |
| TD BANK US HOLDING COMPANY | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 4 | 3.9% |
| TD BANK US HOLDING COMPANY | Home equity loan or line of credit (HELOC) | Closing on a mortgage | 4 | 3.9% |
| TD BANK US HOLDING COMPANY | Home equity loan or line of credit (HELOC) | Incorrect information on your report | 2 | 2.0% |
| TD BANK US HOLDING COMPANY | Home equity loan or line of credit (HELOC) | Struggling to pay mortgage | 7 | 6.9% |
| TD BANK US HOLDING COMPANY | Home equity loan or line of credit (HELOC) | Trouble during payment process | 13 | 12.7% |
| TD BANK US HOLDING COMPANY | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 1.0% |
| TD BANK US HOLDING COMPANY | Other type of mortgage | Incorrect information on your report | 2 | 2.0% |
| TD BANK US HOLDING COMPANY | Other type of mortgage | Struggling to pay mortgage | 2 | 2.0% |
| TD BANK US HOLDING COMPANY | Other type of mortgage | Trouble during payment process | 7 | 6.9% |
| TD BANK US HOLDING COMPANY | Reverse mortgage | Closing on a mortgage | 1 | 1.0% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| The Bank and Trust, S.S.B. | 102 North St Brackettville, TX 78832 | Full Service B&M | $30,665 |
| The Bank and Trust, S.S.B. | 1200 Avenue F Del Rio, TX 78840 | Limited, Drive-thru | $0 |
| The Bank and Trust, S.S.B. | 1200 Avenue F Del Rio, TX 78840 | Full Service B&M | $217,964 |
| The Bank and Trust, S.S.B. | 1200 Veterans Blvd. Del Rio, TX 78840 | Limited, Administrative | $0 |
| The Bank and Trust, S.S.B. | 1460 Knickerbocker Road San Angelo, TX 76904 | Full Service B&M | $50,273 |
| The Bank and Trust, S.S.B. | 229 Highway 277 North Sonora, TX 76950 | Full Service B&M | $47,660 |
| The Bank and Trust, S.S.B. | 2399 Bedell Avenue Del Rio, TX 78840 | Full Service B&M | $15,049 |
For 2019, The Bank & Trust had 7 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $17,051 |
| Net interest income | $15,655 |
| Total noninterest income | $5,752 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $981 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $4,771 |
| Pre-tax net operating income | $5,942 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $5,942 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $5,942 |
| Minority interest net income | $0 |
| Net income | $5,942 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $5,942 |
The Bank & Trust's gross interest income from loans was $17,051,000.
The Bank & Trust's net interest income from loans was $15,655,000.
The Bank & Trust's fee based income from loans was $981,000.
The Bank & Trust's net income from loans was $5,942,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $1,396 |
| Provision for credit losses | $189 |
| Total noninterest expense | $15,276 |
| Salaries and employee benefits | $9,111 |
| Premises and equipment expense | $2,179 |
| Additional noninterest expense | $3,986 |
| Applicable income taxes | $0 |
| Net charge-offs | $274 |
| Cash dividends | $4,968 |
The Bank & Trust's interest expense for loans was $1,396,000.
The Bank & Trust's payroll and benefits expense were $9,111,000.
The Bank & Trust's property, plant and equipment expenses $2,179,000.
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 | $359,977 |
| Deposits held in domestic offices | $359,977 |
| Deposits by Individuals, partnerships, and corporations | $317,771 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $41,294 |
| Deposits by Commercial banks and other depository institutions in U.S. | $912 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $165,560 |
| Demand deposits | $133,979 |
| Nontransaction accounts | $194,417 |
| Money market deposit accounts (MMDAs) | $100,283 |
| Other savings deposits (excluding MMDAs) | $33,184 |
| Total time deposits | $60,950 |
| Total time and savings deposits | $225,998 |
| Noninterest-bearing deposits | $140,519 |
| Interest-bearing deposits | $219,458 |
| Retail deposits | $337,640 |
| IRAs and Keogh plan accounts | $3,396 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $416,746 |
| Cash & Balances due from depository institutions | $20,131 |
| Interest-bearing balances | $12,512 |
| Total securities | $82,799 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $287,504 |
| Loan and leases loss allowance | $1,886 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $8,637 |
| Other real estate owned | $23 |
| Goodwill and other intangibles | $2,473 |
| All other assets | $15,179 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $416,746 |
| Total Liabilities | $373,967 |
| Total deposits | $359,977 |
| Interest-bearing deposits | $219,458 |
| Deposits held in domestic offices | $359,977 |
| % insured (estimated) | $80 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $12,000 |
| Subordinated debt | $0 |
| All other liabilities | $1,990 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $287,504 |
| Loan and leases loss allowance | $1,886 |
| Total loans and leases (domestic) | $289,390 |
| All real estate loans | $230,964 |
| Real estate loans in domestic offices | $230,964 |
| Construction and development loans | $14,919 |
| Residential 1-4 family construction | $4,220 |
| Other construction, all land development and other land | $10,699 |
| Loans secured by nonfarm nonresidential properties | $35,572 |
| Nonfarm nonresidential secured by owner-occupied properties | $12,549 |
| Commercial real estate & other non-farm, non-residential | $23,023 |
| Multifamily residential real estate | $5,390 |
| 1-4 family residential loans | $163,472 |
| Farmland loans | $11,611 |
| Loans held in foreign offices | $0 |
| Farm loans | $1,976 |
| Commercial and industrial loans | $22,479 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $13,277 |
| Credit card loans | $0 |
| Related Plans | $2,530 |
| Consumer Auto Loans | $3,914 |
| Other loans to individuals | $6,833 |
| All other loans & leases | $20,694 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $3,012 |
| 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 | $197 |
| Non 1-4 family restructured loans & leases | $197 |
| Total loans and leases (foreign) | $0 |
The Bank & Trust had $287,504,000 of loans outstanding in 2019. $230,964,000 of loans were in real estate loans. $14,919,000 of loans were in development loans. $5,390,000 of loans were in multifamily mortgage loans. $163,472,000 of loans were in 1-4 family mortgage loans. $1,976,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,914,000 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 | 143 | $21,434 | $149,888 |
| Nonfarm, nonresidential loans - <$100k | 46 | $2,222 | $48,304 |
| Nonfarm, nonresidential loans - $100-250k | 60 | $7,287 | $121,450 |
| Nonfarm, nonresidential loans - $250k-1MM | 37 | $11,925 | $322,297 |
| Commercial & Industrial, US addressed loans - <$1MM | 378 | $17,425 | $46,098 |
| Commercial & Industrial, US addressed loans - <$100k | 312 | $6,670 | $21,378 |
| Commercial & Industrial, US addressed loans - $100-250k | 42 | $5,110 | $121,667 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 24 | $5,645 | $235,208 |
| Farmland loans - <$1MM | 36 | $4,008 | $111,333 |
| Farmland loans - <$100k | 15 | $357 | $23,800 |
| Farmland loans - $100-250k | 15 | $2,148 | $143,200 |
| Farmland loans - $250k-1MM | 6 | $1,503 | $250,500 |
| Agriculture operations loans - <$1MM | 59 | $1,976 | $33,492 |
| Agriculture operations loans - <$100k | 53 | $1,275 | $24,057 |
| Agriculture operations loans - $100-250k | 6 | $701 | $116,833 |