Texas National Bank Of Jacksonville Mortgage Rates, Fees & Info

Jacksonville, TX

LEI: 549300NJ26KCZVDMI076

Tax ID: 75-1995738

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

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

    Texas National Bank Of Jacksonville is a smaller bank specializing in Home Purchase loans. Texas National Bank Of Jacksonville has a high proportion of conventional loans. Their top markets by origination volume include: Tyler, Jacksonville, Longview, Dallas, and Houston among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Texas National Bank Of Jacksonville 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. Texas National Bank Of Jacksonville 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 relatively high 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    Originations

    182

    Origination Dollar Volume (All Markets)

    $37,530,000

    Employee count

    95

    Awards

    Texas National Bank of Jacksonville 30 Year Conventional Loans silver Texas National Bank of Jacksonville 30 Year Conventional Loans silver
    Show all (2) awards

    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
    TYLER, TX (FHA|USDA|VA) 65 $15,755,000 $242,385 $2,859 5.45%
    Jacksonville, TX (FHA|USDA|VA) 53 $10,115,000 $190,849 $4,067 5.55%
    LONGVIEW, TX (FHA|USDA|VA) 52 $7,510,000 $144,423 $2,710 5.75%
    Outside of Metro Areas 6 $1,880,000 $313,333 $2,917 5.83%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $1,255,000 $1,255,000 $11,938 5.25%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $345,000 $345,000 $0 6.00%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $305,000 $305,000 $3,755 5.50%
    Nacogdoches, TX (FHA|USDA|VA) 1 $155,000 $155,000 $0 5.75%
    Athens, TX (FHA|USDA|VA) 1 $155,000 $155,000 $1,409 5.75%
    Lufkin, TX (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.75%
    Texas National Bank Of Jacksonville's top markets include Tyler, Jacksonville, Longview, Dallas, and Houston among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Texas National Bank of Jacksonville based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    EAST TEXAS PROFESSIONAL Credit Union
    Similarity Rank: 96
    AB COMMUNITY INVESTMENT COMPANY
    Similarity Rank: 111
    Gilmer National Bank Gilmer Texas
    Similarity Rank: 135
    Community Bank
    Similarity Rank: 152
    KELLY COMMUNITY FEDERAL CREDIT UNION
    Similarity Rank: 224
    Cooperative Teachers Credit Union
    Similarity Rank: 333
    Guaranty Bank & Trust, N.A.
    Similarity Rank: 621
    Texas National Bank of Jacksonville
    Similarity Rank: 670
    AIMBank
    Similarity Rank: 754
    Prosperity Bank
    Similarity Rank: 781

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 182 $37,530,000 $206,209 $3,413 5.58%

    For 2018, Texas National Bank Of Jacksonville's most frequently originated type of loan was Conventional, with 182 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 131 $27,885,000 $212,863 $3,002 5.51%
    Cash Out Refi 25 $6,375,000 $255,000 $6,584 5.84%
    Home Improvement 16 $1,590,000 $99,375 $2,235 5.73%
    Other 7 $1,065,000 $152,143 $2,452 5.75%
    Refi 3 $615,000 $205,000 $2,057 5.67%

    For 2018, Texas National Bank Of Jacksonville's most frequently cited loan purpose was Home Purchase, with 131 originations. The 2nd most popular reason was Cash Out Refi, with 25 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 84 $15,240,000 $181,429 $2,677 5.78%
    30 Year 43 $12,205,000 $283,837 $4,049 5.20%
    Other 25 $5,345,000 $213,800 $2,885 5.50%
    15 Year 15 $2,145,000 $143,000 $2,248 5.55%
    1 Year 8 $2,190,000 $273,750 $3,814 5.84%
    10 Year 6 $370,000 $61,667 $1,406 5.71%
    5 Year 1 $35,000 $35,000 $2,283 5.50%

    For 2018, Texas National Bank Of Jacksonville's most frequently cited loan duration was 20 Year, with 84 originations. The 2nd most popular length was 30 Year, with 43 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 76 $12,900,000 $169,737
    $3k-4k 1 $1,255,000 $1,255,000
    $5k+ 1 $3,005,000 $3,005,000

    Texas National Bank Of Jacksonville's average total fees were $4,049, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 76 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 102 $24,000,000 $235,294
    4-5% 46 $10,040,000 $218,261
    6-7% 34 $3,490,000 $102,647

    During 2018, Texas National Bank Of Jacksonville's average interest rate for loans was 5.20%, while their most frequently originated rate bucket for loans was 5-6%, with 102 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 70 $4,500,000 $64,286 $2,161 5.81%
    $100k-200k 57 $7,905,000 $138,684 $2,544 5.46%
    $200k-400k 40 $10,880,000 $272,000 $3,143 5.41%
    $600k-1MM 6 $4,490,000 $748,333 $6,194 5.21%
    $1MM+ 5 $7,905,000 $1,581,000 $30,287 5.40%
    $400k-600k 4 $1,850,000 $462,500 $5,006 5.88%

    2018 saw Texas National Bank Of Jacksonville place emphasis on $100,000 or less loans with 70 originations, totaling $4,500,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 26 $4,180,000 $160,769 $2,983 5.59%
    $75k-100k 18 $2,080,000 $115,556 $2,574 5.38%
    $150k-250k 17 $2,965,000 $174,412 $2,807 5.33%
    $250k+ 15 $6,895,000 $459,667 $7,893 5.50%
    $50k-75k 14 $1,510,000 $107,857 $2,372 5.64%
    $50k or less 7 $905,000 $129,286 $2,506 5.32%

    Texas National Bank Of Jacksonville lent most frequently to those with incomes in the $100k-150k range, with 26 originations. The second most popular income band? $75k-100k, with 18 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 20 $3,350,000 $167,500 $2,791 5.29%
    30-36% 17 $2,395,000 $140,882 $2,332 5.53%
    <20% 11 $4,325,000 $393,182 $6,948 5.33%
    38% 8 $1,370,000 $171,250 $3,142 5.63%
    42% 6 $970,000 $161,667 $3,143 5.50%
    37% 6 $1,010,000 $168,333 $2,618 5.04%
    41% 5 $1,955,000 $391,000 $5,601 5.35%
    43% 4 $980,000 $245,000 $3,109 5.50%
    39% 3 $675,000 $225,000 $3,056 5.67%
    44% 2 $560,000 $280,000 $2,625 4.88%
    46% 2 $160,000 $80,000 $2,832 5.63%
    >60% 2 $270,000 $135,000 $0 6.13%
    40% 2 $400,000 $200,000 $3,093 5.13%
    36% 2 $150,000 $75,000 $1,977 5.50%
    47% 1 $145,000 $145,000 $2,360 4.75%
    49% 1 $85,000 $85,000 $0 6.50%
    50-60% 1 $65,000 $65,000 $0 6.25%
    45% 1 $65,000 $65,000 $0 6.25%

    Texas National Bank Of Jacksonville lent most frequently to those with DTI ratios of 20-30%, with 20 originations. The next most common DTI ratio? 30-36%, with 17 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 82 $18,320,000 $223,415 $0 5.73%
    White 93 $18,245,000 $196,183 $3,424 5.44%
    Black 5 $745,000 $149,000 $3,443 5.70%
    Other Asian 2 $220,000 $110,000 $2,552 5.88%

    Approval Rates

    Total approvals of all applications
    85.06%

    Texas National Bank Of Jacksonville has an average approval rate.

    Pick Rate

    Approvals leading to origination
    87.36%

    Texas National Bank Of Jacksonville has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 182 $37,530,000 $206,209

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 3 $2,395,000 $798,333
    Multifamily:Site-Built 11 $6,065,000 $551,364
    Single Family (1-4 Units):Manufactured 7 $545,000 $77,857
    Single Family (1-4 Units):Site-Built 161 $28,525,000 $177,174

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 20 $3,200,000 $160,000 $1,946 5.51%
    40-60% 23 $2,525,000 $109,783 $2,570 5.70%
    60-80% 77 $13,355,000 $173,442 $3,018 5.68%
    80-100% 58 $18,040,000 $311,034 $4,450 5.42%
    Under 20% 4 $410,000 $102,500 $1,855 5.88%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    The J. G. Wentworth Company Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 3 7.5%
    The J. G. Wentworth Company Conventional home mortgage Closing on a mortgage 7 17.5%
    The J. G. Wentworth Company Conventional home mortgage Struggling to pay mortgage 1 2.5%
    The J. G. Wentworth Company Conventional home mortgage Trouble during payment process 11 27.5%
    The J. G. Wentworth Company FHA mortgage Applying for a mortgage or refinancing an existing mortgage 4 10.0%
    The J. G. Wentworth Company FHA mortgage Closing on a mortgage 1 2.5%
    The J. G. Wentworth Company FHA mortgage Struggling to pay mortgage 1 2.5%
    The J. G. Wentworth Company FHA mortgage Trouble during payment process 6 15.0%
    The J. G. Wentworth Company Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 2.5%
    The J. G. Wentworth Company Other type of mortgage Closing on a mortgage 1 2.5%
    The J. G. Wentworth Company VA mortgage Closing on a mortgage 3 7.5%
    The J. G. Wentworth Company VA mortgage Trouble during payment process 1 2.5%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Texas National Bank of Jacksonville 2133 West Grande Blvd Tyler, TX 75703 Full Service B&M $61,360
    Texas National Bank of Jacksonville 300 Neches Street Jacksonville, TX 75766 Full Service B&M $96,250
    Texas National Bank of Jacksonville 484 North Main Street Rusk, TX 75785 Full Service B&M $43,425
    Texas National Bank of Jacksonville 5101 Troup Hwy Tyler, TX 75707 Full Service B&M $6,719
    Texas National Bank of Jacksonville 524 East Main Bullard, TX 75757 Full Service B&M $73,978
    Texas National Bank of Jacksonville 612 East Hawkins Parkway Longview, TX 75605 Full Service B&M $99,619
    Texas National Bank of Jacksonville 716 East End Boulevard Marshall, TX 75670 Full Service B&M $62,444

    For 2018, Texas National Bank Of Jacksonville had 7 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $26,609
    Net interest income $20,396
    Total noninterest income $1,425
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $894
    Trading account gains and fees $0
    Additional Noninterest Income $531
    Pre-tax net operating income $7,837
    Securities gains (or losses, -) $0
    Income before extraordinary items $6,196
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $6,196
    Minority interest net income $0
    Net income $6,196
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $6,196

    Texas National Bank Of Jacksonville's gross interest income from loans was $26,609,000.
    Texas National Bank Of Jacksonville's net interest income from loans was $20,396,000.
    Texas National Bank Of Jacksonville's fee based income from loans was $894,000.
    Texas National Bank Of Jacksonville's net income from loans was $6,196,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $6,213
    Provision for credit losses $1,045
    Total noninterest expense $12,939
    Salaries and employee benefits $8,425
    Premises and equipment expense $1,011
    Additional noninterest expense $3,503
    Applicable income taxes $1,641
    Net charge-offs $297
    Cash dividends $1,600

    Texas National Bank Of Jacksonville's interest expense for loans was $6,213,000.
    Texas National Bank Of Jacksonville's payroll and benefits expense were $8,425,000.
    Texas National Bank Of Jacksonville's property, plant and equipment expenses $1,011,000.

    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 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 $445,527
    Deposits held in domestic offices $445,527
    Deposits by Individuals, partnerships, and corporations $433,510
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $10,451
    Deposits by Commercial banks and other depository institutions in U.S. $1,566
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $95,528
    Demand deposits $71,987
    Nontransaction accounts $349,999
    Money market deposit accounts (MMDAs) $53,999
    Other savings deposits (excluding MMDAs) $16,147
    Total time deposits $279,853
    Total time and savings deposits $373,540
    Noninterest-bearing deposits $71,987
    Interest-bearing deposits $373,540
    Retail deposits $390,248
    IRAs and Keogh plan accounts $20,530
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $531,548
    Cash & Balances due from depository institutions $33,069
    Interest-bearing balances $26,890
    Total securities $18,098
    Federal funds sold & reverse repurchase $0
    Net loans and leases $462,463
    Loan and leases loss allowance $6,868
    Trading account assets $0
    Bank premises and fixed assets $11,704
    Other real estate owned $279
    Goodwill and other intangibles $152
    All other assets $5,783

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $531,548
    Total Liabilities $478,786
    Total deposits $445,527
    Interest-bearing deposits $373,540
    Deposits held in domestic offices $445,527
    % insured (estimated) $86
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $31,000
    Subordinated debt $0
    All other liabilities $2,259

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $462,463
    Loan and leases loss allowance $6,868
    Total loans and leases (domestic) $469,331
    All real estate loans $383,899
    Real estate loans in domestic offices $383,899
    Construction and development loans $27,577
    Residential 1-4 family construction $8,884
    Other construction, all land development and other land $18,693
    Loans secured by nonfarm nonresidential properties $169,743
    Nonfarm nonresidential secured by owner-occupied properties $89,486
    Commercial real estate & other non-farm, non-residential $80,257
    Multifamily residential real estate $12,688
    1-4 family residential loans $164,018
    Farmland loans $9,873
    Loans held in foreign offices $0
    Farm loans $3,506
    Commercial and industrial loans $67,343
    To non-U.S. addressees $0
    Loans to individuals $13,973
    Credit card loans $0
    Related Plans $297
    Consumer Auto Loans $4,139
    Other loans to individuals $9,537
    All other loans & leases $1,431
    Loans to foreign governments and official institutions $0
    Other loans $82
    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

    Texas National Bank of Jacksonville had $462,463,000 of loans outstanding in 2018. $383,899,000 of loans were in real estate loans. $27,577,000 of loans were in development loans. $12,688,000 of loans were in multifamily mortgage loans. $164,018,000 of loans were in 1-4 family mortgage loans. $3,506,000 of loans were in farm loans. $0 of loans were in credit card loans. $4,139,000 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 351 $69,298 $197,430
    Nonfarm, nonresidential loans - <$100k 131 $5,609 $42,817
    Nonfarm, nonresidential loans - $100-250k 103 $13,870 $134,660
    Nonfarm, nonresidential loans - $250k-1MM 117 $49,819 $425,803
    Commercial & Industrial, US addressed loans - <$1MM 415 $41,241 $99,376
    Commercial & Industrial, US addressed loans - <$100k 283 $8,235 $29,099
    Commercial & Industrial, US addressed loans - $100-250k 60 $6,748 $112,467
    Commercial & Industrial, US addressed loans - $250k-1MM 72 $26,258 $364,694
    Farmland loans - <$1MM 15 $1,950 $130,000
    Farmland loans - <$100k 8 $334 $41,750
    Farmland loans - $100-250k 4 $623 $155,750
    Farmland loans - $250k-1MM 3 $993 $331,000
    Agriculture operations loans - <$1MM 55 $1,959 $35,618
    Agriculture operations loans - <$100k 49 $938 $19,143
    Agriculture operations loans - $100-250k 3 $186 $62,000
    Agriculture operations loans - $250k-1MM 3 $835 $278,333