State Bank Of De Kalb Mortgage Rates, Fees & Info
Bowie, TXLEI: 549300L6SV1WXLO6BB96
Tax ID: 75-0583697
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Bank Data
Review & Overview
State Bank Of De Kalb is a smaller bank specializing in Home Purchase and Refi loans. State Bank Of De Kalb has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Texarkana, Dallas, Hot Springs, Fayetteville, and Hope among others. We have data for 19 markets. (Some data included below & more in-depth data is available with an active subscription.)State Bank Of De Kalb 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. State Bank Of De Kalb 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 | 6.49% | 4/28/24 |
| 30 Year Conventional Refi | 6.44% | 4/28/24 |
| 30 Year Cash-out Refi | 6.86% | 4/28/24 |
| 30 Year FHA Purchase | 6.90% | 4/28/24 |
| 30 Year FHA Refi | 6.36% | 4/28/24 |
| 30 Year VA Purchase | 5.81% | 4/28/24 |
| 30 Year USDA Purchase | 7.37% | 4/28/24 |
| 15 Year Conventional Purchase | 7.46% | 4/28/24 |
| 15 Year Conventional Refi | 6.29% | 4/28/24 |
| 15 Year Cash-out Refi | 6.29% | 4/28/24 |
| 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. | ||
State Bank Of De Kalb Mortgage Calculator
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Originations
374Origination Dollar Volume (All Markets)
$77,890,000Employee count
66Awards
State Bank of De Kalb - 2020
State Bank of De Kalb 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 |
|---|---|---|---|---|---|
| TEXARKANA, TX-AR (FHA|USDA|VA) | 293 | $60,565,000 | $206,706 | $3,851 | 3.34% |
| Outside of Metro Areas | 45 | $7,545,000 | $167,667 | $3,591 | 3.90% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 8 | $2,620,000 | $327,500 | $3,876 | 2.76% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 5 | $1,575,000 | $315,000 | $2,695 | 3.13% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 4 | $950,000 | $237,500 | $3,675 | 2.59% |
| Hope, AR (FHA|USDA|VA) | 4 | $760,000 | $190,000 | $2,883 | 3.25% |
| Mount Pleasant, TX (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $5,548 | 2.56% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $5,640 | 2.25% |
| TYLER, TX (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $3,502 | 2.69% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $5,040 | 2.25% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,933 | 2.50% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $9,867 | 3.13% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $1,579 | 2.25% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 5.00% |
| Arkadelphia, AR (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,156 | 3.63% |
| Paris, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,773 | 7.50% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,175 | 2.75% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 5.50% |
| Magnolia, AR (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,207 | 3.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against State Bank of De Kalb based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2020, State Bank Of De Kalb's most frequently originated type of loan was Conventional, with 306 originations. Their 2nd most popular type was FHA, with 35 originations.
Loan Reason
For 2020, State Bank Of De Kalb's most frequently cited loan purpose was Home Purchase, with 184 originations. The 2nd most popular reason was Refi, with 146 originations.
Loan Duration/Length
For 2020, State Bank Of De Kalb's most frequently cited loan duration was 30 Year, with 228 originations. The 2nd most popular length was 15 Year, with 69 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 274 | $61,390,000 | $224,051 |
| $1k-2k | 44 | $8,290,000 | $188,409 |
| $2k-3k | 15 | $2,875,000 | $191,667 |
| $3k-4k | 1 | $145,000 | $145,000 |
State Bank Of De Kalb's average total fees were $4,185, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 274 originations.
Interest Rates
During 2020, State Bank Of De Kalb's average interest rate for loans was 3.03%, while their most frequently originated rate bucket for loans was 2.5-3%, with 123 originations.
Loan Sizing
2020 saw State Bank Of De Kalb place emphasis on $100k-200k loans with 157 originations, totaling $23,975,000 in origination value.
Applicant Income
State Bank Of De Kalb lent most frequently to those with incomes in the $100k-150k range, with 82 originations. The second most popular income band? $75k-100k, with 69 originations.
Applicant Debt to Income Ratio
State Bank Of De Kalb lent most frequently to those with DTI ratios of 20-30%, with 100 originations. The next most common DTI ratio? 30-36%, with 66 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.32%
State Bank Of De Kalb has an average approval rate.
Pick Rate
Approvals leading to origination88.50%
State Bank Of De Kalb has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 374 | $77,890,000 | $208,262 |
Occupancy Type Mix
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| STATE FARM BANK, FSB | Conventional home mortgage | Closing on a mortgage | 3 | 15.8% |
| STATE FARM BANK, FSB | Conventional home mortgage | Struggling to pay mortgage | 2 | 10.5% |
| STATE FARM BANK, FSB | Conventional home mortgage | Trouble during payment process | 11 | 57.9% |
| STATE FARM BANK, FSB | Home equity loan or line of credit (HELOC) | Struggling to pay mortgage | 2 | 10.5% |
| STATE FARM BANK, FSB | Home equity loan or line of credit (HELOC) | Trouble during payment process | 1 | 5.3% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| State Bank of De Kalb | 200 West Main Street Clarksville, TX 75426 | Full Service B&M | $56,339 |
| State Bank of De Kalb | 209 W. Main Street Atlanta, TX 75551 | Full Service B&M | $47,897 |
| State Bank of De Kalb | 3315 Richmond Road Texarkana, TX 75503 | Full Service B&M | $75,148 |
| State Bank of De Kalb | 103 E. New Boston Road Nash, TX 75569 | Full Service B&M | $9,885 |
| State Bank of De Kalb | 102 S Runnels St De Kalb, TX 75559 | Full Service B&M | $70,473 |
| State Bank of De Kalb | 4805 Texas Boulevard Texarkana, TX 75503 | Full Service B&M | $26,865 |
| State Bank of De Kalb | 601 West Main Street Clarksville, TX 75426 | Limited, Drive-thru | $0 |
For 2020, State Bank Of De Kalb had 7 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $13,453 |
| Net interest income | $11,745 |
| Total noninterest income | $4,181 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $929 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $3,252 |
| Pre-tax net operating income | $6,169 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $6,169 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $6,169 |
| Minority interest net income | $0 |
| Net income | $6,169 |
| Sale, conversion, retirement of capital stock, net | $2,690 |
| Net operating income | $6,169 |
State Bank Of De Kalb's gross interest income from loans was $13,453,000.
State Bank Of De Kalb's net interest income from loans was $11,745,000.
State Bank Of De Kalb's fee based income from loans was $929,000.
State Bank Of De Kalb's net income from loans was $6,169,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $1,708 |
| Provision for credit losses | $480 |
| Total noninterest expense | $9,277 |
| Salaries and employee benefits | $5,522 |
| Premises and equipment expense | $952 |
| Additional noninterest expense | $2,803 |
| Applicable income taxes | $0 |
| Net charge-offs | $236 |
| Cash dividends | $2,727 |
State Bank Of De Kalb's interest expense for loans was $1,708,000.
State Bank Of De Kalb's payroll and benefits expense were $5,522,000.
State Bank Of De Kalb's property, plant and equipment expenses $952,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 1.0% |
| Real Estate loans | 1.0% |
| Construction & Land Development loans | 0.0% |
| Nonfarm, nonresidential loans | 4.0% |
| 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 | $290,229 |
| Deposits held in domestic offices | $290,229 |
| Deposits by Individuals, partnerships, and corporations | $239,367 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $50,781 |
| Deposits by Commercial banks and other depository institutions in U.S. | $82 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $134,677 |
| Demand deposits | $85,168 |
| Nontransaction accounts | $155,553 |
| Money market deposit accounts (MMDAs) | $80,808 |
| Other savings deposits (excluding MMDAs) | $17,094 |
| Total time deposits | $57,651 |
| Total time and savings deposits | $205,062 |
| Noninterest-bearing deposits | $86,968 |
| Interest-bearing deposits | $203,261 |
| Retail deposits | $271,633 |
| IRAs and Keogh plan accounts | $5,595 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $335,622 |
| Cash & Balances due from depository institutions | $84,320 |
| Interest-bearing balances | $77,729 |
| Total securities | $2 |
| Federal funds sold & reverse repurchase | $125 |
| Net loans and leases | $243,702 |
| Loan and leases loss allowance | $3,444 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $4,322 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $825 |
| All other assets | $2,326 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $335,623 |
| Total Liabilities | $301,160 |
| Total deposits | $290,229 |
| Interest-bearing deposits | $203,261 |
| Deposits held in domestic offices | $290,229 |
| % insured (estimated) | $71 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $10,000 |
| Subordinated debt | $0 |
| All other liabilities | $931 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $243,702 |
| Loan and leases loss allowance | $3,444 |
| Total loans and leases (domestic) | $247,146 |
| All real estate loans | $161,961 |
| Real estate loans in domestic offices | $161,961 |
| Construction and development loans | $25,094 |
| Residential 1-4 family construction | $13,854 |
| Other construction, all land development and other land | $11,240 |
| Loans secured by nonfarm nonresidential properties | $57,925 |
| Nonfarm nonresidential secured by owner-occupied properties | $19,357 |
| Commercial real estate & other non-farm, non-residential | $38,568 |
| Multifamily residential real estate | $5,464 |
| 1-4 family residential loans | $41,222 |
| Farmland loans | $32,256 |
| Loans held in foreign offices | $0 |
| Farm loans | $16,153 |
| Commercial and industrial loans | $62,469 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $3,899 |
| Credit card loans | $0 |
| Related Plans | $0 |
| Consumer Auto Loans | $1,242 |
| Other loans to individuals | $2,657 |
| All other loans & leases | $2,665 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $60 |
| 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 | $0 |
| Non 1-4 family restructured loans & leases | $0 |
| Total loans and leases (foreign) | $0 |
State Bank of De Kalb had $243,702,000 of loans outstanding in 2020. $161,961,000 of loans were in real estate loans. $25,094,000 of loans were in development loans. $5,464,000 of loans were in multifamily mortgage loans. $41,222,000 of loans were in 1-4 family mortgage loans. $16,153,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,242,000 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 | 138 | $20,909 | $151,514 |
| Nonfarm, nonresidential loans - <$100k | 71 | $2,587 | $36,437 |
| Nonfarm, nonresidential loans - $100-250k | 26 | $3,312 | $127,385 |
| Nonfarm, nonresidential loans - $250k-1MM | 41 | $15,010 | $366,098 |
| Commercial & Industrial, US addressed loans - <$1MM | 595 | $41,343 | $69,484 |
| Commercial & Industrial, US addressed loans - <$100k | 437 | $9,776 | $22,371 |
| Commercial & Industrial, US addressed loans - $100-250k | 93 | $9,798 | $105,355 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 65 | $21,769 | $334,908 |
| Farmland loans - <$1MM | 150 | $15,874 | $105,827 |
| Farmland loans - <$100k | 67 | $2,466 | $36,806 |
| Farmland loans - $100-250k | 63 | $8,083 | $128,302 |
| Farmland loans - $250k-1MM | 20 | $5,325 | $266,250 |
| Agriculture operations loans - <$1MM | 261 | $10,437 | $39,989 |
| Agriculture operations loans - <$100k | 216 | $4,198 | $19,435 |
| Agriculture operations loans - $100-250k | 33 | $3,586 | $108,667 |
| Agriculture operations loans - $250k-1MM | 12 | $2,653 | $221,083 |