Tib The Independent Bankersbank Mortgage Rates, Fees & Info
Farmers Branch, TXLEI: 549300KW705BBINDIZ26
Tax ID: 75-1774772
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Review & Overview
Tib The Independent Bankersbank is a smaller bank specializing in Home Purchase and Refi loans. Tib The Independent Bankersbank has a high proportion of conventional loans. They have a low ratio of USDA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Springfield, Dallas, Alexandria, San Angelo, and Tyler among others. We have data for 99 markets. (Some data included below & more in-depth data is available with an active subscription.)Tib The Independent Bankersbank 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. Tib The Independent Bankersbank 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 about average 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.82% | 4/21/24 |
| 30 Year Conventional Refi | 6.65% | 4/21/24 |
| 30 Year Cash-out Refi | 6.72% | 4/21/24 |
| 30 Year FHA Purchase | 7.42% | 4/21/24 |
| 30 Year VA Purchase | 6.01% | 4/21/24 |
| 30 Year USDA Purchase | 6.62% | 4/21/24 |
| 15 Year Conventional Purchase | 6.66% | 4/21/24 |
| 15 Year Conventional Refi | 5.99% | 4/21/24 |
| 15 Year Cash-out Refi | 5.99% | 4/21/24 |
| 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. | ||
Tib The Independent Bankersbank Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,273Origination Dollar Volume (All Markets)
$268,805,000Employee count
283Awards
TIB The Independent Bankersbank - 2020
TIB The Independent Bankersbank is a 2020 , due to their low .
For 2020, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 236 | $43,190,000 | $183,008 | $4,079 | 3.37% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 101 | $18,865,000 | $186,782 | $2,311 | 3.32% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 67 | $17,695,000 | $264,104 | $4,946 | 3.28% |
| ALEXANDRIA, LA (FHA|USDA|VA) | 81 | $15,755,000 | $194,506 | $4,647 | 3.04% |
| SAN ANGELO, TX (FHA|USDA|VA) | 71 | $15,225,000 | $214,437 | $3,706 | 3.28% |
| TYLER, TX (FHA|USDA|VA) | 67 | $14,945,000 | $223,060 | $4,522 | 3.42% |
| LAFAYETTE, LA (FHA|USDA|VA) | 55 | $12,795,000 | $232,636 | $3,932 | 3.26% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 39 | $11,095,000 | $284,487 | $4,942 | 3.26% |
| LONGVIEW, TX (FHA|USDA|VA) | 33 | $6,785,000 | $205,606 | $3,964 | 3.16% |
| Athens, TX (FHA|USDA|VA) | 26 | $6,120,000 | $235,385 | $5,043 | 3.24% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 22 | $5,890,000 | $267,727 | $5,044 | 3.17% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 14 | $5,120,000 | $365,714 | $3,260 | 3.01% |
| Lebanon, MO (FHA|USDA|VA) | 31 | $4,815,000 | $155,323 | $2,811 | 3.16% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 19 | $4,435,000 | $233,421 | $4,190 | 3.39% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 20 | $4,090,000 | $204,500 | $4,234 | 3.35% |
| Taos, NM (FHA|USDA|VA) | 15 | $4,035,000 | $269,000 | $5,386 | 3.31% |
| Lufkin, TX (FHA|USDA|VA) | 17 | $4,015,000 | $236,176 | $3,714 | 3.63% |
| Kalispell, MT (FHA|USDA|VA) | 11 | $3,445,000 | $313,182 | $5,754 | 3.26% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 14 | $3,210,000 | $229,286 | $5,493 | 3.22% |
| Butte-Silver Bow, MT (FHA|USDA|VA) | 13 | $3,095,000 | $238,077 | $6,132 | 3.31% |
| Huntsville, TX (FHA|USDA|VA) | 14 | $3,030,000 | $216,429 | $4,560 | 3.57% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 13 | $3,015,000 | $231,923 | $5,381 | 3.52% |
| Gainesville, TX (FHA|USDA|VA) | 10 | $2,540,000 | $254,000 | $2,673 | 2.96% |
| AMARILLO, TX (FHA|USDA|VA) | 10 | $2,420,000 | $242,000 | $4,569 | 3.14% |
| Deming, NM (FHA|USDA|VA) | 18 | $2,200,000 | $122,222 | $3,251 | 3.51% |
| TULSA, OK (FHA|USDA|VA) | 13 | $2,045,000 | $157,308 | $3,764 | 3.56% |
| MONROE, LA (FHA|USDA|VA) | 11 | $2,025,000 | $184,091 | $3,770 | 3.08% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 8 | $2,010,000 | $251,250 | $4,356 | 3.23% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 8 | $1,960,000 | $245,000 | $5,456 | 2.91% |
| Sweetwater, TX (FHA|USDA|VA) | 13 | $1,945,000 | $149,615 | $5,413 | 3.37% |
| LAWTON, OK (FHA|USDA|VA) | 9 | $1,885,000 | $209,444 | $4,401 | 3.17% |
| Dumas, TX (FHA|USDA|VA) | 8 | $1,700,000 | $212,500 | $5,206 | 3.33% |
| WACO, TX (FHA|USDA|VA) | 7 | $1,605,000 | $229,286 | $3,305 | 3.64% |
| Helena, MT (FHA|USDA|VA) | 8 | $1,590,000 | $198,750 | $5,145 | 3.42% |
| LUBBOCK, TX (FHA|USDA|VA) | 8 | $1,490,000 | $186,250 | $4,102 | 3.36% |
| Hereford, TX (FHA|USDA|VA) | 9 | $1,415,000 | $157,222 | $3,762 | 3.00% |
| Bozeman, MT (FHA|USDA|VA) | 4 | $1,370,000 | $342,500 | $6,458 | 3.78% |
| Alamogordo, NM (FHA|USDA|VA) | 6 | $1,330,000 | $221,667 | $4,839 | 3.25% |
| Silver City, NM (FHA|USDA|VA) | 10 | $1,320,000 | $132,000 | $3,418 | 3.45% |
| MISSOULA, MT (FHA|USDA|VA) | 5 | $1,185,000 | $237,000 | $5,502 | 3.13% |
| LAS CRUCES, NM (FHA|USDA|VA) | 5 | $1,105,000 | $221,000 | $3,124 | 3.58% |
| DECATUR, AL (FHA|USDA|VA) | 6 | $1,080,000 | $180,000 | $2,949 | 3.79% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 7 | $1,075,000 | $153,571 | $2,819 | 3.48% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 3 | $1,065,000 | $355,000 | $3,331 | 2.79% |
| BATON ROUGE, LA (FHA|USDA|VA) | 4 | $1,010,000 | $252,500 | $5,320 | 2.91% |
| Cullman, AL (FHA|USDA|VA) | 7 | $995,000 | $142,143 | $3,467 | 3.46% |
| Mountain Home, AR (FHA|USDA|VA) | 5 | $935,000 | $187,000 | $2,443 | 3.73% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 4 | $840,000 | $210,000 | $2,174 | 2.97% |
| Jacksonville, TX (FHA|USDA|VA) | 4 | $820,000 | $205,000 | $4,453 | 3.31% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $5,824 | 3.21% |
| Nacogdoches, TX (FHA|USDA|VA) | 5 | $715,000 | $143,000 | $4,924 | 4.00% |
| Sulphur Springs, TX (FHA|USDA|VA) | 4 | $710,000 | $177,500 | $4,386 | 3.28% |
| SANTA FE, NM (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $7,530 | 3.31% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $4,365 | 3.71% |
| Corsicana, TX (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $4,551 | 3.46% |
| Mount Vernon, IL (FHA|USDA|VA) | 4 | $630,000 | $157,500 | $2,776 | 3.78% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $2,038 | 3.46% |
| Duncan, OK (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $2,136 | 3.00% |
| MIDLAND, TX (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $4,723 | 3.25% |
| JOPLIN, MO (FHA|USDA|VA) | 4 | $530,000 | $132,500 | $2,479 | 3.38% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $2,324 | 3.00% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $7,653 | 3.13% |
| Palestine, TX (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $5,527 | 3.29% |
| Granbury, TX (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $9,601 | 2.88% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $2,719 | 2.75% |
| Guymon, OK (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $8,739 | 3.13% |
| Mount Pleasant, TX (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $2,990 | 3.44% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $2,568 | 3.50% |
| Hutchinson, KS (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $3,969 | 3.25% |
| SALEM, OR (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $3,369 | 3.63% |
| Liberal, KS (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $2,936 | 2.50% |
| Big Spring, TX (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,823 | 3.38% |
| VICTORIA, TX (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,738 | 3.00% |
| Bonham, TX (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $5,644 | 3.50% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $2,826 | 3.25% |
| Andrews, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $9,762 | 3.75% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $1,966 | 2.38% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 3 | $255,000 | $85,000 | $2,915 | 3.50% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,364 | 2.75% |
| Hobbs, NM (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $6,078 | 3.38% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,635 | 3.50% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,619 | 3.75% |
| Montrose, CO (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,896 | 3.63% |
| Opelousas, LA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,318 | 3.50% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $2,985 | 4.00% |
| Rockport, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $5,463 | 4.00% |
| Borger, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,730 | 3.50% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,873 | 3.13% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,860 | 2.75% |
| Harrison, AR (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,496 | 3.50% |
| Natchez, MS-LA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,739 | 2.75% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $1,957 | 3.38% |
| Mineral Wells, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,574 | 3.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,331 | 4.13% |
| Uvalde, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,733 | 3.63% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,418 | 2.88% |
| Columbus, MS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,287 | 2.38% |
| Dodge City, KS (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,289 | 3.50% |
| Searcy, AR (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,129 | 3.38% |
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Product Mix
For 2020, Tib The Independent Bankersbank's most frequently originated type of loan was Conventional, with 1,212 originations. Their 2nd most popular type was USDA, with 28 originations.
Loan Reason
For 2020, Tib The Independent Bankersbank's most frequently cited loan purpose was Home Purchase, with 574 originations. The 2nd most popular reason was Refi, with 416 originations.
Loan Duration/Length
For 2020, Tib The Independent Bankersbank's most frequently cited loan duration was 30 Year, with 856 originations. The 2nd most popular length was 15 Year, with 353 originations.
Origination Fees/Closing Costs
Tib The Independent Bankersbank's average total fees were $4,268, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 479 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 754 | $160,710,000 | $213,143 |
| 2.5-3% | 340 | $75,170,000 | $221,088 |
| <2.5% | 91 | $18,395,000 | $202,143 |
| 4-5% | 88 | $14,530,000 | $165,114 |
During 2020, Tib The Independent Bankersbank's average interest rate for loans was 3.49%, while their most frequently originated rate bucket for loans was 3-4%, with 754 originations.
Loan Sizing
2020 saw Tib The Independent Bankersbank place emphasis on $100k-200k loans with 549 originations, totaling $81,705,000 in origination value.
Applicant Income
Tib The Independent Bankersbank lent most frequently to those with incomes in the $100k-150k range, with 312 originations. The second most popular income band? $75k-100k, with 281 originations.
Applicant Debt to Income Ratio
Tib The Independent Bankersbank lent most frequently to those with DTI ratios of 20-30%, with 373 originations. The next most common DTI ratio? 30-36%, with 252 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.88%
Tib The Independent Bankersbank has an average approval rate.
Pick Rate
Approvals leading to origination93.40%
Tib The Independent Bankersbank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,273 | $268,805,000 | $211,159 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 40 | $4,940,000 | $123,500 |
| Single Family (1-4 Units):Site-Built | 1,233 | $263,865,000 | $214,002 |
LTV Distribution
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Tib The Independent Bankersbank, National Association | 11701 Luna Road Farmers Branch, TX 75234 | Full Service B&M | $2,287,837 |
| Tib The Independent Bankersbank, National Association | 1550 North Brown Rd. Suite 150 Lawrenceville, GA 30043 | Full Service B&M | $239,593 |
| Tib The Independent Bankersbank, National Association | 17011 Beach Blvd Suite 900, Office #3 Huntington Beach, CA 92647 | Full Service B&M | $184,884 |
| Tib The Independent Bankersbank, National Association | 2151 West White Oaks Drive, Suite 300 Springfield, IL 62704 | Full Service B&M | $464,052 |
| Tib The Independent Bankersbank, National Association | 2601 Northwest Expressway, Suite 1150e Oklahoma City, OK 73112 | Full Service B&M | $172,456 |
| Tib The Independent Bankersbank, National Association | 7136 S Yale, Suite 215 Tulsa, OK 74136 | Full Service B&M | $0 |
For 2020, Tib The Independent Bankersbank had 6 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $64,623 |
| Net interest income | $48,726 |
| Total noninterest income | $101,040 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $3 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $101,037 |
| Pre-tax net operating income | $28,646 |
| Securities gains (or losses, -) | $-1 |
| Income before extraordinary items | $24,014 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $24,014 |
| Minority interest net income | $0 |
| Net income | $24,014 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $24,014 |
Tib The Independent Bankersbank's gross interest income from loans was $64,623,000.
Tib The Independent Bankersbank's net interest income from loans was $48,726,000.
Tib The Independent Bankersbank's fee based income from loans was $3,000.
Tib The Independent Bankersbank's net income from loans was $24,014,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $15,897 |
| Provision for credit losses | $18,124 |
| Total noninterest expense | $102,996 |
| Salaries and employee benefits | $38,913 |
| Premises and equipment expense | $4,665 |
| Additional noninterest expense | $59,418 |
| Applicable income taxes | $4,631 |
| Net charge-offs | $1,615 |
| Cash dividends | $14,000 |
Tib The Independent Bankersbank's interest expense for loans was $15,897,000.
Tib The Independent Bankersbank's payroll and benefits expense were $38,913,000.
Tib The Independent Bankersbank's property, plant and equipment expenses $4,665,000.
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 | $3,250,128 |
| Deposits held in domestic offices | $3,250,128 |
| Deposits by Individuals, partnerships, and corporations | $231,310 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $18,478 |
| Deposits by Commercial banks and other depository institutions in U.S. | $3,000,340 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $544,861 |
| Demand deposits | $544,861 |
| Nontransaction accounts | $2,705,267 |
| Money market deposit accounts (MMDAs) | $2,514,224 |
| Other savings deposits (excluding MMDAs) | $0 |
| Total time deposits | $191,043 |
| Total time and savings deposits | $2,705,267 |
| Noninterest-bearing deposits | $544,861 |
| Interest-bearing deposits | $2,705,267 |
| Retail deposits | $3,044,107 |
| IRAs and Keogh plan accounts | $860 |
| Brokered deposits | $205,391 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $3,753,249 |
| Cash & Balances due from depository institutions | $2,067,643 |
| Interest-bearing balances | $2,020,607 |
| Total securities | $263,276 |
| Federal funds sold & reverse repurchase | $13,843 |
| Net loans and leases | $1,281,036 |
| Loan and leases loss allowance | $30,600 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $22,759 |
| Other real estate owned | $954 |
| Goodwill and other intangibles | $3,437 |
| All other assets | $100,301 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $3,753,249 |
| Total Liabilities | $3,464,342 |
| Total deposits | $3,250,128 |
| Interest-bearing deposits | $2,705,267 |
| Deposits held in domestic offices | $3,250,128 |
| % insured (estimated) | $12 |
| Federal funds purchased and repurchase agreements | $183,811 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $30,403 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $1,281,036 |
| Loan and leases loss allowance | $30,600 |
| Total loans and leases (domestic) | $1,311,636 |
| All real estate loans | $316,693 |
| Real estate loans in domestic offices | $316,693 |
| Construction and development loans | $91,865 |
| Residential 1-4 family construction | $2,824 |
| Other construction, all land development and other land | $89,041 |
| Loans secured by nonfarm nonresidential properties | $158,756 |
| Nonfarm nonresidential secured by owner-occupied properties | $41,952 |
| Commercial real estate & other non-farm, non-residential | $116,804 |
| Multifamily residential real estate | $36,616 |
| 1-4 family residential loans | $26,574 |
| Farmland loans | $2,882 |
| Loans held in foreign offices | $0 |
| Farm loans | $0 |
| Commercial and industrial loans | $97,982 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $72,172 |
| Credit card loans | $70,815 |
| Related Plans | $0 |
| Consumer Auto Loans | $0 |
| Other loans to individuals | $1,357 |
| All other loans & leases | $824,789 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $454,725 |
| Loans to depository institutions and acceptances of other banks | $741 |
| Loans not secured by real estate | $0 |
| 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 |
TIB The Independent Bankersbank had $1,281,036,000 of loans outstanding in 2020. $316,693,000 of loans were in real estate loans. $91,865,000 of loans were in development loans. $36,616,000 of loans were in multifamily mortgage loans. $26,574,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $70,815,000 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 | 16 | $10,221 | $638,813 |
| Nonfarm, nonresidential loans - $250k-1MM | 16 | $10,221 | $638,813 |
| Commercial & Industrial, US addressed loans - <$1MM | 27,025 | $70,407 | $2,605 |
| Commercial & Industrial, US addressed loans - <$100k | 26,837 | $61,435 | $2,289 |
| Commercial & Industrial, US addressed loans - $100-250k | 152 | $4,936 | $32,474 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 36 | $4,036 | $112,111 |