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: Del Rio, San Angelo, San Antonio, Abilene, and Eagle Pass among others. We have data for 8 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
181Origination Dollar Volume (All Markets)
$34,395,000Employee count
122Top 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 |
|---|---|---|---|---|---|
| Del Rio, TX (FHA|USDA|VA) | 83 | $14,885,000 | $179,337 | $0 | 0.00% |
| SAN ANGELO, TX (FHA|USDA|VA) | 57 | $12,155,000 | $213,246 | $0 | 0.00% |
| Outside of Metro Areas | 31 | $5,255,000 | $169,516 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 5 | $1,015,000 | $203,000 | $0 | 0.00% |
| ABILENE, TX (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $0 | 0.00% |
| Eagle Pass, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Brownwood, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| Uvalde, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 181 | $34,395,000 | $190,028 | $0 | 0.00% |
For 2020, The Bank & Trust's most frequently originated type of loan was Conventional, with 181 originations.
Loan Reason
For 2020, The Bank & Trust's most frequently cited loan purpose was Home Purchase, with 128 originations. The 2nd most popular reason was Refi, with 22 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 181 | $34,395,000 | $190,028 | $0 | 0.00% |
For 2020, The Bank & Trust's most frequently cited loan duration was Other, with 181 originations.
Loan Sizing
2020 saw The Bank & Trust place emphasis on $100k-200k loans with 68 originations, totaling $10,070,000 in origination value.
Applicant Income
The Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 38 originations. The second most popular income band? $100k-150k, with 35 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 181 | $34,395,000 | $190,028 | $0 | 0.00% |
The Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 181 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.36%
The Bank & Trust has an average approval rate.
Pick Rate
Approvals leading to origination74.03%
The Bank & Trust has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 181 | $34,395,000 | $190,028 |
Occupancy Type Mix
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| TD BANK US HOLDING COMPANY | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 22 | 14.9% |
| TD BANK US HOLDING COMPANY | Conventional home mortgage | Closing on a mortgage | 17 | 11.5% |
| TD BANK US HOLDING COMPANY | Conventional home mortgage | Credit monitoring or identity theft protection services | 1 | 0.7% |
| TD BANK US HOLDING COMPANY | Conventional home mortgage | Improper use of your report | 1 | 0.7% |
| TD BANK US HOLDING COMPANY | Conventional home mortgage | Incorrect information on your report | 1 | 0.7% |
| TD BANK US HOLDING COMPANY | Conventional home mortgage | Struggling to pay mortgage | 4 | 2.7% |
| TD BANK US HOLDING COMPANY | Conventional home mortgage | Trouble during payment process | 51 | 34.5% |
| TD BANK US HOLDING COMPANY | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 2 | 1.4% |
| TD BANK US HOLDING COMPANY | FHA mortgage | Trouble during payment process | 3 | 2.0% |
| TD BANK US HOLDING COMPANY | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 5 | 3.4% |
| TD BANK US HOLDING COMPANY | Home equity loan or line of credit (HELOC) | Closing on a mortgage | 7 | 4.7% |
| TD BANK US HOLDING COMPANY | Home equity loan or line of credit (HELOC) | Incorrect information on your report | 1 | 0.7% |
| TD BANK US HOLDING COMPANY | Home equity loan or line of credit (HELOC) | Struggling to pay mortgage | 4 | 2.7% |
| TD BANK US HOLDING COMPANY | Home equity loan or line of credit (HELOC) | Trouble during payment process | 17 | 11.5% |
| TD BANK US HOLDING COMPANY | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 2 | 1.4% |
| TD BANK US HOLDING COMPANY | Other type of mortgage | Closing on a mortgage | 2 | 1.4% |
| TD BANK US HOLDING COMPANY | Other type of mortgage | Trouble during payment process | 8 | 5.4% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| The Bank and Trust, S.S.B. | 229 Highway 277 North Sonora, TX 76950 | Full Service B&M | $54,792 |
| The Bank and Trust, S.S.B. | 2399 Bedell Avenue Del Rio, TX 78840 | Full Service B&M | $18,394 |
| The Bank and Trust, S.S.B. | 102 North St Brackettville, TX 78832 | Full Service B&M | $27,939 |
| 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 | $257,341 |
| 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 | $59,563 |
For 2020, The Bank & Trust had 7 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $16,445 |
| Net interest income | $15,139 |
| Total noninterest income | $6,010 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $885 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $5,125 |
| Pre-tax net operating income | $4,879 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $4,879 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $4,879 |
| Minority interest net income | $0 |
| Net income | $4,879 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $4,879 |
The Bank & Trust's gross interest income from loans was $16,445,000.
The Bank & Trust's net interest income from loans was $15,139,000.
The Bank & Trust's fee based income from loans was $885,000.
The Bank & Trust's net income from loans was $4,879,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $1,306 |
| Provision for credit losses | $1,482 |
| Total noninterest expense | $14,788 |
| Salaries and employee benefits | $9,014 |
| Premises and equipment expense | $2,133 |
| Additional noninterest expense | $3,641 |
| Applicable income taxes | $0 |
| Net charge-offs | $21 |
| Cash dividends | $4,530 |
The Bank & Trust's interest expense for loans was $1,306,000.
The Bank & Trust's payroll and benefits expense were $9,014,000.
The Bank & Trust's property, plant and equipment expenses $2,133,000.
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 | $431,174 |
| Deposits held in domestic offices | $431,174 |
| Deposits by Individuals, partnerships, and corporations | $372,954 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $58,021 |
| Deposits by Commercial banks and other depository institutions in U.S. | $199 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $199,797 |
| Demand deposits | $150,354 |
| Nontransaction accounts | $231,377 |
| Money market deposit accounts (MMDAs) | $126,722 |
| Other savings deposits (excluding MMDAs) | $43,314 |
| Total time deposits | $61,342 |
| Total time and savings deposits | $280,820 |
| Noninterest-bearing deposits | $186,437 |
| Interest-bearing deposits | $244,737 |
| Retail deposits | $409,956 |
| IRAs and Keogh plan accounts | $3,658 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $493,481 |
| Cash & Balances due from depository institutions | $107,172 |
| Interest-bearing balances | $100,166 |
| Total securities | $69,923 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $290,362 |
| Loan and leases loss allowance | $3,347 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $8,211 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $2,473 |
| All other assets | $15,340 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $493,481 |
| Total Liabilities | $448,370 |
| Total deposits | $431,174 |
| Interest-bearing deposits | $244,737 |
| Deposits held in domestic offices | $431,174 |
| % insured (estimated) | $77 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $15,000 |
| Subordinated debt | $0 |
| All other liabilities | $2,196 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $290,362 |
| Loan and leases loss allowance | $3,347 |
| Total loans and leases (domestic) | $293,709 |
| All real estate loans | $227,277 |
| Real estate loans in domestic offices | $227,277 |
| Construction and development loans | $12,218 |
| Residential 1-4 family construction | $1,488 |
| Other construction, all land development and other land | $10,730 |
| Loans secured by nonfarm nonresidential properties | $36,830 |
| Nonfarm nonresidential secured by owner-occupied properties | $11,521 |
| Commercial real estate & other non-farm, non-residential | $25,309 |
| Multifamily residential real estate | $3,310 |
| 1-4 family residential loans | $162,615 |
| Farmland loans | $12,304 |
| Loans held in foreign offices | $0 |
| Farm loans | $2,443 |
| Commercial and industrial loans | $32,055 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $11,806 |
| Credit card loans | $0 |
| Related Plans | $2,244 |
| Consumer Auto Loans | $3,333 |
| Other loans to individuals | $6,229 |
| All other loans & leases | $20,128 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $374 |
| 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 | $127 |
| Non 1-4 family restructured loans & leases | $127 |
| Total loans and leases (foreign) | $0 |
The Bank & Trust had $290,362,000 of loans outstanding in 2020. $227,277,000 of loans were in real estate loans. $12,218,000 of loans were in development loans. $3,310,000 of loans were in multifamily mortgage loans. $162,615,000 of loans were in 1-4 family mortgage loans. $2,443,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,333,000 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 | 136 | $21,857 | $160,713 |
| Nonfarm, nonresidential loans - <$100k | 39 | $1,950 | $50,000 |
| Nonfarm, nonresidential loans - $100-250k | 57 | $6,892 | $120,912 |
| Nonfarm, nonresidential loans - $250k-1MM | 40 | $13,015 | $325,375 |
| Commercial & Industrial, US addressed loans - <$1MM | 620 | $25,559 | $41,224 |
| Commercial & Industrial, US addressed loans - <$100k | 520 | $11,315 | $21,760 |
| Commercial & Industrial, US addressed loans - $100-250k | 75 | $8,677 | $115,693 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 25 | $5,567 | $222,680 |
| Farmland loans - <$1MM | 32 | $4,092 | $127,875 |
| Farmland loans - <$100k | 9 | $307 | $34,111 |
| Farmland loans - $100-250k | 17 | $2,421 | $142,412 |
| Farmland loans - $250k-1MM | 6 | $1,364 | $227,333 |
| Agriculture operations loans - <$1MM | 63 | $2,443 | $38,778 |
| Agriculture operations loans - <$100k | 55 | $1,301 | $23,655 |
| Agriculture operations loans - $100-250k | 6 | $667 | $111,167 |
| Agriculture operations loans - $250k-1MM | 2 | $475 | $237,500 |