Firstcapital Bank Of Texas Mortgage Rates, Fees & Info

Midland, TX

LEI: 549300KYODJTW38SQV05

Tax ID: 75-2770125

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    Firstcapital Bank Of Texas is a smaller bank specializing in Home Purchase and Refi loans. Firstcapital Bank Of Texas has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Amarillo, Lubbock, Midland, and Wichita Falls among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Firstcapital Bank Of Texas has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

    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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    Originations

    379

    Origination Dollar Volume (All Markets)

    $109,425,000

    Employee count

    271

    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) 42 $39,460,000 $939,524 $0 0.00%
    AMARILLO, TX (FHA|USDA|VA) 144 $23,960,000 $166,389 $0 0.00%
    Outside of Metro Areas 26 $15,520,000 $596,923 $0 0.00%
    LUBBOCK, TX (FHA|USDA|VA) 66 $11,510,000 $174,394 $0 0.00%
    MIDLAND, TX (FHA|USDA|VA) 21 $8,525,000 $405,952 $0 0.00%
    WICHITA FALLS, TX (FHA|USDA|VA) 66 $7,090,000 $107,424 $0 0.00%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $950,000 $475,000 $0 0.00%
    LAWTON, OK (FHA|USDA|VA) 1 $635,000 $635,000 $0 0.00%
    Fredericksburg, TX (FHA|USDA|VA) 1 $375,000 $375,000 $0 0.00%
    Mineral Wells, TX (FHA|USDA|VA) 1 $355,000 $355,000 $0 0.00%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $315,000 $315,000 $0 0.00%
    ODESSA, TX (FHA|USDA|VA) 2 $290,000 $145,000 $0 0.00%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $95,000 $95,000 $0 0.00%
    Hereford, TX (FHA|USDA|VA) 1 $85,000 $85,000 $0 0.00%
    Pampa, TX (FHA|USDA|VA) 1 $25,000 $25,000 $0 0.00%
    Borger, TX (FHA|USDA|VA) 1 $15,000 $15,000 $0 0.00%
    Firstcapital Bank Of Texas's top markets include Dallas, Amarillo, Lubbock, Midland, and Wichita Falls among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 379 $109,425,000 $288,720 $0 0.00%

    For 2020, Firstcapital Bank Of Texas's most frequently originated type of loan was Conventional, with 379 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 274 $77,270,000 $282,007 $0 0.00%
    Refi 84 $30,020,000 $357,381 $0 0.00%
    Home Improvement 20 $2,090,000 $104,500 $0 0.00%
    Other 1 $45,000 $45,000 $0 0.00%

    For 2020, Firstcapital Bank Of Texas's most frequently cited loan purpose was Home Purchase, with 274 originations. The 2nd most popular reason was Refi, with 84 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 379 $109,425,000 $288,720 $0 0.00%

    For 2020, Firstcapital Bank Of Texas's most frequently cited loan duration was Other, with 379 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 163 $10,285,000 $63,098 $0 0.00%
    $100k-200k 112 $16,060,000 $143,393 $0 0.00%
    $200k-400k 52 $14,380,000 $276,538 $0 0.00%
    $400k-600k 19 $9,415,000 $495,526 $0 0.00%
    $1MM+ 18 $48,220,000 $2,678,889 $0 0.00%
    $600k-1MM 15 $11,065,000 $737,667 $0 0.00%

    2020 saw Firstcapital Bank Of Texas place emphasis on $100,000 or less loans with 163 originations, totaling $10,285,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 41 $16,365,000 $399,146 $0 0.00%
    $150k-250k 33 $6,025,000 $182,576 $0 0.00%
    $100k-150k 27 $3,435,000 $127,222 $0 0.00%
    $50k-75k 16 $1,660,000 $103,750 $0 0.00%
    $50k or less 14 $890,000 $63,571 $0 0.00%
    $75k-100k 7 $1,015,000 $145,000 $0 0.00%

    Firstcapital Bank Of Texas lent most frequently to those with incomes in the $250k+ range, with 41 originations. The second most popular income band? $150k-250k, with 33 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 379 $109,425,000 $288,720 $0 0.00%

    Firstcapital Bank Of Texas lent most frequently to those with DTI ratios of Exempt%, with 379 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 238 $79,650,000 $334,664 $0 0.00%
    Not provided 39 $16,155,000 $414,231 $0 0.00%
    White 94 $13,160,000 $140,000 $0 0.00%
    Asian 5 $375,000 $75,000 $0 0.00%
    Black 3 $85,000 $28,333 $0 0.00%

    Approval Rates

    Total approvals of all applications
    95.61%

    Firstcapital Bank Of Texas 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
    85.75%

    Firstcapital Bank Of Texas has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 379 $109,425,000 $288,720

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 33 $46,655,000 $1,413,788
    Single Family (1-4 Units):Manufactured 8 $1,010,000 $126,250
    Single Family (1-4 Units):Site-Built 338 $61,760,000 $182,722

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    FIRST NATIONAL BANK OF OMAHA Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 14.3%
    FIRST NATIONAL BANK OF OMAHA Conventional home mortgage Struggling to pay mortgage 2 28.6%
    FIRST NATIONAL BANK OF OMAHA Conventional home mortgage Trouble during payment process 2 28.6%
    FIRST NATIONAL BANK OF OMAHA FHA mortgage Struggling to pay mortgage 1 14.3%
    FIRST NATIONAL BANK OF OMAHA Other type of mortgage Trouble during payment process 1 14.3%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Firstcapital Bank of Texas, National Association 202 West Wichita Henrietta, TX 76365 Full Service B&M $36,837
    Firstcapital Bank of Texas, National Association 2405 Kell Blvd Wichita Falls, TX 76308 Limited, Drive-thru $0
    Firstcapital Bank of Texas, National Association 2525 Kell Boulevard, Suite 100 Wichita Falls, TX 76308 Full Service B&M $188,509
    Firstcapital Bank of Texas, National Association 301 South Avenue D Burkburnett, TX 76354 Full Service B&M $81,882
    Firstcapital Bank of Texas, National Association 310 West Wall Street, Suite 100 Midland, TX 79701 Full Service B&M $475,689
    Firstcapital Bank of Texas, National Association 3708 North Big Spring Midland, TX 79705 Full Service B&M $162,363
    Firstcapital Bank of Texas, National Association 3900 South Soncy Road Amarillo, TX 79119 Full Service B&M $86,426
    Firstcapital Bank of Texas, National Association 505 Main Street Byers, TX 76357 Full Service B&M $35,784
    Firstcapital Bank of Texas, National Association 507 Farm To Market 2147 Marble Falls, TX 78654 Full Service B&M $28,313
    Firstcapital Bank of Texas, National Association 5580 Lyndon B Johnson Fwy, Ste 100 Dallas, TX 75240 Full Service B&M $26,942
    Firstcapital Bank of Texas, National Association 5606 West Wadley Midland, TX 79701 Full Service B&M $83,691
    Firstcapital Bank of Texas, National Association 6811 Indiana Ave. Lubbock, TX 79413 Full Service B&M $177,943
    Firstcapital Bank of Texas, National Association 7100 Hillside Amarillo, TX 79109 Full Service B&M $29,331
    Firstcapital Bank of Texas, National Association 7904 Milwaukee Avenue Lubbock, TX 79424 Full Service B&M $12,863
    Firstcapital Bank of Texas, National Association 805 West Main Street, Suite 500 Fredericksburg, TX 78624 Full Service B&M $17,329
    Firstcapital Bank of Texas, National Association 900 Midwestern Parkway Wichita Falls, TX 76302 Full Service B&M $45,578
    Firstcapital Bank of Texas, National Association 909 8th Street, Suite 101 Wichita Falls, TX 76308 Full Service B&M $26,612
    Firstcapital Bank of Texas, National Association 9891 W Fm Hwy 2147 Horseshoe Bay, TX 78657 Full Service B&M $32,634

    For 2020, Firstcapital Bank Of Texas had 18 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $84,484
    Net interest income $74,919
    Total noninterest income $5,791
    Gross Fiduciary activities income $544
    Service charges on deposit accounts $1,345
    Trading account gains and fees $0
    Additional Noninterest Income $3,902
    Pre-tax net operating income $24,549
    Securities gains (or losses, -) $-35
    Income before extraordinary items $19,675
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $19,675
    Minority interest net income $0
    Net income $19,675
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $19,703

    Firstcapital Bank Of Texas's gross interest income from loans was $84,484,000.
    Firstcapital Bank Of Texas's net interest income from loans was $74,919,000.
    Firstcapital Bank Of Texas's fee based income from loans was $1,345,000.
    Firstcapital Bank Of Texas's net income from loans was $19,675,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $9,565
    Provision for credit losses $9,763
    Total noninterest expense $46,398
    Salaries and employee benefits $26,238
    Premises and equipment expense $6,936
    Additional noninterest expense $13,224
    Applicable income taxes $4,839
    Net charge-offs $4,160
    Cash dividends $16,000

    Firstcapital Bank Of Texas's interest expense for loans was $9,565,000.
    Firstcapital Bank Of Texas's payroll and benefits expense were $26,238,000.
    Firstcapital Bank Of Texas's property, plant and equipment expenses $6,936,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 1.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 6.0%
    All other family 0.0%
    Commercial & industrial loans 1.0%
    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 $1,545,216
    Deposits held in domestic offices $1,545,216
    Deposits by Individuals, partnerships, and corporations $1,464,877
    Deposits by U.S. Government $4
    Deposits by States and political subdivisions in the U.S. $76,748
    Deposits by Commercial banks and other depository institutions in U.S. $3,587
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $121,229
    Demand deposits $108,117
    Nontransaction accounts $1,423,987
    Money market deposit accounts (MMDAs) $302,976
    Other savings deposits (excluding MMDAs) $644,210
    Total time deposits $476,800
    Total time and savings deposits $1,437,099
    Noninterest-bearing deposits $533,914
    Interest-bearing deposits $1,011,302
    Retail deposits $1,377,494
    IRAs and Keogh plan accounts $11,901
    Brokered deposits $25,000
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,843,012
    Cash & Balances due from depository institutions $179,347
    Interest-bearing balances $160,120
    Total securities $77,493
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,428,691
    Loan and leases loss allowance $20,799
    Trading account assets $0
    Bank premises and fixed assets $23,750
    Other real estate owned $768
    Goodwill and other intangibles $61,152
    All other assets $71,811

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,843,012
    Total Liabilities $1,600,047
    Total deposits $1,545,216
    Interest-bearing deposits $1,011,302
    Deposits held in domestic offices $1,545,216
    % insured (estimated) $70
    Federal funds purchased and repurchase agreements $33,624
    Trading liabilities $0
    Other borrowed funds $620
    Subordinated debt $0
    All other liabilities $20,587

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,428,691
    Loan and leases loss allowance $20,799
    Total loans and leases (domestic) $1,449,490
    All real estate loans $1,000,885
    Real estate loans in domestic offices $1,000,885
    Construction and development loans $162,815
    Residential 1-4 family construction $25,441
    Other construction, all land development and other land $137,374
    Loans secured by nonfarm nonresidential properties $499,591
    Nonfarm nonresidential secured by owner-occupied properties $165,717
    Commercial real estate & other non-farm, non-residential $333,874
    Multifamily residential real estate $42,107
    1-4 family residential loans $262,146
    Farmland loans $34,226
    Loans held in foreign offices $0
    Farm loans $36,129
    Commercial and industrial loans $398,817
    To non-U.S. addressees $0
    Loans to individuals $12,636
    Credit card loans $0
    Related Plans $522
    Consumer Auto Loans $6,439
    Other loans to individuals $5,675
    All other loans & leases $1,023
    Loans to foreign governments and official institutions $0
    Other loans $1,023
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $110
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $12,209
    Non 1-4 family restructured loans & leases $12,140
    Total loans and leases (foreign) $0

    FirstCapital Bank of Texas had $1,428,691,000 of loans outstanding in 2020. $1,000,885,000 of loans were in real estate loans. $162,815,000 of loans were in development loans. $42,107,000 of loans were in multifamily mortgage loans. $262,146,000 of loans were in 1-4 family mortgage loans. $36,129,000 of loans were in farm loans. $0 of loans were in credit card loans. $6,439,000 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 482 $140,643 $291,790
    Nonfarm, nonresidential loans - <$100k 119 $4,058 $34,101
    Nonfarm, nonresidential loans - $100-250k 132 $21,398 $162,106
    Nonfarm, nonresidential loans - $250k-1MM 231 $115,187 $498,645
    Commercial & Industrial, US addressed loans - <$1MM 1,443 $143,234 $99,261
    Commercial & Industrial, US addressed loans - <$100k 880 $24,144 $27,436
    Commercial & Industrial, US addressed loans - $100-250k 287 $30,118 $104,941
    Commercial & Industrial, US addressed loans - $250k-1MM 276 $88,972 $322,362
    Farmland loans - <$1MM 120 $10,965 $91,375
    Farmland loans - <$100k 39 $1,850 $47,436
    Farmland loans - $100-250k 56 $5,311 $94,839
    Farmland loans - $250k-1MM 25 $3,804 $152,160
    Agriculture operations loans - <$1MM 193 $12,431 $64,409
    Agriculture operations loans - <$100k 118 $3,305 $28,008
    Agriculture operations loans - $100-250k 52 $4,943 $95,058
    Agriculture operations loans - $250k-1MM 23 $4,183 $181,870