Nexbank Mortgage Rates, Fees & Info

Dallas, TX

LEI: 549300NWBS6MQJX15N44

Tax ID: 75-0600540

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

Review & Overview

Nexbank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Nexbank has a high proportion of conventional 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: Dallas, Atlanta, San Diego, Los Angeles, and Austin among others. We have data for 107 markets. (Some data included below & more in-depth data is available with an active subscription.)

Nexbank 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. Nexbank is typically an average 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.

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

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™ Mortgage Type	Simulated Rate	Simulation Date
30 Year Conventional Purchase	6.36%	12/3/24
30 Year Conventional Refi	6.28%	12/3/24
30 Year Cash-out Refi	6.39%	12/3/24
30 Year FHA Purchase	6.81%	12/3/24
30 Year FHA Refi	6.27%	12/3/24
30 Year VA Purchase	5.85%	12/3/24
30 Year VA Refi	6.27%	12/3/24
15 Year Conventional Purchase	5.98%	12/3/24
15 Year Conventional Refi	5.96%	12/3/24
15 Year Cash-out Refi	5.96%	12/3/24
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.

Nexbank Mortgage Calculator

Purchase Price:

Loan Amount:

Deposit Amount:

% Deposit:

Interest Rate:

Loan Type:

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Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Nexbank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.

Originations

2,014

Origination Dollar Volume (All Markets)

$604,400,000

Employee count

Awards

Show all (1) 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
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	408	$106,560,000	$261,176	$6,275	4.63%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA\|USDA\|VA)	373	$104,435,000	$279,987	$4,545	4.72%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA\|USDA\|VA)	97	$47,215,000	$486,753	$5,394	4.79%
Los Angeles-Long Beach-Anaheim, CA (FHA\|USDA\|VA)	89	$41,965,000	$471,517	$6,376	4.76%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA\|USDA\|VA)	144	$41,920,000	$291,111	$5,528	4.71%
Seattle-Tacoma-Bellevue, WA (FHA\|USDA\|VA)	77	$32,535,000	$422,532	$5,021	4.71%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	121	$28,305,000	$233,926	$6,401	4.94%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA\|USDA\|VA)	77	$26,655,000	$346,169	$5,756	4.71%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA\|USDA\|VA)	55	$17,725,000	$322,273	$5,203	4.76%
Chicago-Naperville-Elgin, IL-IN-WI (FHA\|USDA\|VA)	64	$14,090,000	$220,156	$4,331	4.71%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA\|USDA\|VA)	44	$13,150,000	$298,864	$3,920	4.84%
RICHMOND, VA (FHA\|USDA\|VA)	48	$12,670,000	$263,958	$6,274	4.64%
San Francisco-Oakland-Berkeley, CA (FHA\|USDA\|VA)	26	$11,220,000	$431,538	$5,217	4.75%
DENVER-AURORA-LAKEWOOD, CO (FHA\|USDA\|VA)	34	$10,710,000	$315,000	$3,800	4.76%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA\|USDA\|VA)	38	$7,920,000	$208,421	$5,687	5.12%
KANSAS CITY, MO-KS (FHA\|USDA\|VA)	34	$7,310,000	$215,000	$3,015	4.71%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA\|USDA\|VA)	13	$6,795,000	$522,692	$5,481	4.69%
Outside of Metro Areas	26	$6,660,000	$256,154	$3,770	4.69%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA\|USDA\|VA)	21	$6,545,000	$311,667	$5,542	4.91%
PHOENIX-MESA-CHANDLER, AZ (FHA\|USDA\|VA)	18	$5,340,000	$296,667	$4,500	4.88%
FORT COLLINS, CO (FHA\|USDA\|VA)	15	$3,925,000	$261,667	$3,572	4.69%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA\|USDA\|VA)	7	$3,495,000	$499,286	$6,869	4.91%
STOCKTON, CA (FHA\|USDA\|VA)	12	$3,400,000	$283,333	$4,705	4.98%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA\|USDA\|VA)	6	$2,090,000	$348,333	$6,261	4.81%
OKLAHOMA CITY, OK (FHA\|USDA\|VA)	10	$1,870,000	$187,000	$6,988	4.71%
MODESTO, CA (FHA\|USDA\|VA)	6	$1,620,000	$270,000	$4,030	4.71%
GREELEY, CO (FHA\|USDA\|VA)	6	$1,460,000	$243,333	$2,994	4.71%
SHERMAN-DENISON, TX (FHA\|USDA\|VA)	5	$1,455,000	$291,000	$4,980	4.85%
VALLEJO, CA (FHA\|USDA\|VA)	4	$1,220,000	$305,000	$7,761	4.63%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA\|USDA\|VA)	1	$1,125,000	$1,125,000	$7,977	4.75%
FRESNO, CA (FHA\|USDA\|VA)	5	$1,095,000	$219,000	$4,232	4.58%
New York-Newark-Jersey City, NY-NJ-PA (FHA\|USDA\|VA)	4	$1,050,000	$262,500	$6,264	4.91%
SANTA ROSA-PETALUMA, CA (FHA\|USDA\|VA)	2	$1,040,000	$520,000	$2,580	4.81%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA\|USDA\|VA)	1	$1,005,000	$1,005,000	$12,902	5.13%
NAPA, CA (FHA\|USDA\|VA)	2	$980,000	$490,000	$3,505	4.69%
BAKERSFIELD, CA (FHA\|USDA\|VA)	4	$950,000	$237,500	$3,417	4.84%
GAINESVILLE, GA (FHA\|USDA\|VA)	3	$925,000	$308,333	$3,076	4.75%
LAREDO, TX (FHA\|USDA\|VA)	4	$920,000	$230,000	$9,956	4.41%
Jefferson, GA (FHA\|USDA\|VA)	4	$900,000	$225,000	$4,085	4.84%
BOULDER, CO (FHA\|USDA\|VA)	3	$895,000	$298,333	$2,741	4.67%
CHEYENNE, WY (FHA\|USDA\|VA)	4	$890,000	$222,500	$2,252	4.97%
MERCED, CA (FHA\|USDA\|VA)	4	$870,000	$217,500	$4,884	4.75%
WACO, TX (FHA\|USDA\|VA)	4	$850,000	$212,500	$5,939	4.75%
BELLINGHAM, WA (FHA\|USDA\|VA)	2	$850,000	$425,000	$2,589	4.38%
Athens, TX (FHA\|USDA\|VA)	2	$780,000	$390,000	$5,447	4.56%
BRUNSWICK, GA (FHA\|USDA\|VA)	2	$770,000	$385,000	$3,599	4.25%
Bonham, TX (FHA\|USDA\|VA)	4	$760,000	$190,000	$6,748	4.38%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA\|USDA\|VA)	2	$710,000	$355,000	$3,185	4.75%
WARNER ROBINS, GA (FHA\|USDA\|VA)	3	$605,000	$201,667	$2,163	4.33%
ABILENE, TX (FHA\|USDA\|VA)	3	$595,000	$198,333	$5,982	4.79%
BROWNSVILLE-HARLINGEN, TX (FHA\|USDA\|VA)	4	$550,000	$137,500	$4,708	4.19%
MILWAUKEE-WAUKESHA, WI (FHA\|USDA\|VA)	1	$535,000	$535,000	$9,909	4.25%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA\|USDA\|VA)	3	$515,000	$171,667	$2,780	4.67%
LONGVIEW, TX (FHA\|USDA\|VA)	3	$505,000	$168,333	$3,942	4.83%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA\|USDA\|VA)	2	$480,000	$240,000	$6,116	4.31%
REDDING, CA (FHA\|USDA\|VA)	2	$470,000	$235,000	$3,003	4.81%
SALT LAKE CITY, UT (FHA\|USDA\|VA)	2	$470,000	$235,000	$3,281	4.75%
VALDOSTA, GA (FHA\|USDA\|VA)	3	$465,000	$155,000	$3,004	4.42%
KILLEEN-TEMPLE, TX (FHA\|USDA\|VA)	2	$460,000	$230,000	$5,687	4.50%
CHARLOTTESVILLE, VA (FHA\|USDA\|VA)	1	$445,000	$445,000	$2,803	4.50%
Boston-Cambridge-Newton, MA-NH (FHA\|USDA\|VA)	1	$435,000	$435,000	$8,807	4.38%
GREEN BAY, WI (FHA\|USDA\|VA)	1	$425,000	$425,000	$1,300	3.88%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA\|USDA\|VA)	2	$390,000	$195,000	$6,817	3.63%
PUEBLO, CO (FHA\|USDA\|VA)	2	$380,000	$190,000	$7,928	5.69%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA\|USDA\|VA)	1	$375,000	$375,000	$3,445	4.38%
ATHENS-CLARKE COUNTY, GA (FHA\|USDA\|VA)	1	$355,000	$355,000	$2,741	4.75%
LUBBOCK, TX (FHA\|USDA\|VA)	1	$335,000	$335,000	$4,425	4.88%
BLACKSBURG-CHRISTIANSBURG, VA (FHA\|USDA\|VA)	1	$335,000	$335,000	$2,428	4.25%
MEDFORD, OR (FHA\|USDA\|VA)	1	$335,000	$335,000	$0	5.25%
MACON-BIBB COUNTY, GA (FHA\|USDA\|VA)	2	$330,000	$165,000	$3,212	5.00%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA\|USDA\|VA)	1	$315,000	$315,000	$7,924	4.25%
Oak Harbor, WA (FHA\|USDA\|VA)	1	$295,000	$295,000	$7,196	4.88%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA\|USDA\|VA)	1	$285,000	$285,000	$3,266	5.00%
CASPER, WY (FHA\|USDA\|VA)	1	$285,000	$285,000	$1,669	4.75%
Detroit-Warren-Dearborn, MI (FHA\|USDA\|VA)	1	$265,000	$265,000	$4,841	3.38%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA\|USDA\|VA)	1	$265,000	$265,000	$2,469	5.00%
MCALLEN-EDINBURG-MISSION, TX (FHA\|USDA\|VA)	1	$255,000	$255,000	$0	4.50%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA\|USDA\|VA)	1	$255,000	$255,000	$3,288	4.50%
SANTA MARIA-SANTA BARBARA, CA (FHA\|USDA\|VA)	1	$245,000	$245,000	$2,673	4.00%
MIDLAND, TX (FHA\|USDA\|VA)	1	$235,000	$235,000	$4,904	3.88%
Granbury, TX (FHA\|USDA\|VA)	1	$225,000	$225,000	$4,378	4.88%
Edwards, CO (FHA\|USDA\|VA)	1	$205,000	$205,000	$3,279	4.75%
El Campo, TX (FHA\|USDA\|VA)	1	$205,000	$205,000	$7,704	5.13%
SPOKANE-SPOKANE VALLEY, WA (FHA\|USDA\|VA)	1	$195,000	$195,000	$6,743	4.25%
PROVO-OREM, UT (FHA\|USDA\|VA)	1	$195,000	$195,000	$3,587	5.00%
Truckee-Grass Valley, CA (FHA\|USDA\|VA)	1	$195,000	$195,000	$0	4.75%
PENSACOLA-FERRY PASS-BRENT, FL (FHA\|USDA\|VA)	1	$175,000	$175,000	$2,590	4.88%
OCALA, FL (FHA\|USDA\|VA)	1	$175,000	$175,000	$5,846	4.88%
Nacogdoches, TX (FHA\|USDA\|VA)	1	$165,000	$165,000	$6,972	4.88%
Cedartown, GA (FHA\|USDA\|VA)	1	$165,000	$165,000	$2,164	4.63%
Calhoun, GA (FHA\|USDA\|VA)	1	$165,000	$165,000	$5,203	4.88%
LAKELAND-WINTER HAVEN, FL (FHA\|USDA\|VA)	1	$165,000	$165,000	$3,285	5.00%
Stephenville, TX (FHA\|USDA\|VA)	1	$165,000	$165,000	$5,661	4.50%
Del Rio, TX (FHA\|USDA\|VA)	1	$155,000	$155,000	$4,916	4.88%
MOBILE, AL (FHA\|USDA\|VA)	1	$155,000	$155,000	$2,437	4.63%
TYLER, TX (FHA\|USDA\|VA)	1	$155,000	$155,000	$4,566	4.50%
Craig, CO (FHA\|USDA\|VA)	1	$155,000	$155,000	$2,141	4.75%
GRAND RAPIDS-KENTWOOD, MI (FHA\|USDA\|VA)	1	$145,000	$145,000	$8,642	4.50%
Rockport, TX (FHA\|USDA\|VA)	1	$135,000	$135,000	$4,060	5.00%
EL PASO, TX (FHA\|USDA\|VA)	1	$135,000	$135,000	$3,520	4.63%
CORPUS CHRISTI, TX (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	5.13%
COLLEGE STATION-BRYAN, TX (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	4.88%
TULSA, OK (FHA\|USDA\|VA)	1	$135,000	$135,000	$2,941	4.38%
GREENVILLE-ANDERSON, SC (FHA\|USDA\|VA)	1	$135,000	$135,000	$2,995	4.75%
Dublin, GA (FHA\|USDA\|VA)	1	$105,000	$105,000	$2,171	4.88%
SAVANNAH, GA (FHA\|USDA\|VA)	1	$105,000	$105,000	$3,517	4.38%
PANAMA CITY, FL (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	5.75%

Nexbank's top markets include Dallas, Atlanta, San Diego, Los Angeles, and Austin among others.

Their top states include:

Texas (FHA|USDA|VA)

California (FHA|USDA|VA)

Georgia (FHA|USDA|VA)

Washington (FHA|USDA|VA)

Virginia (FHA|USDA|VA)

Similar Lenders

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

SANTA CLARA COUNTY
Similarity Rank: 20

People's Community Federal Credit Union
Similarity Rank: 33

MYPOINT Credit Union
Similarity Rank: 55

McCoy Federal Credit Union
Similarity Rank: 60

Iron Workers Savings Bank
Similarity Rank: 63

SOUTHERN LENDING SERVICES, LTD.
Similarity Rank: 86

Municipal Employees Credit Union of Oklahoma City
Similarity Rank: 89

DOMINION ENERGY CREDIT UNION
Similarity Rank: 108

Haddon Savings Bank
Similarity Rank: 116

WEOKIE
Similarity Rank: 120

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	1,906	$577,710,000	$303,101	$5,142	4.74%
FHA	73	$17,585,000	$240,890	$8,728	4.58%
VA	35	$9,105,000	$260,143	$6,617	4.33%

For 2018, Nexbank's most frequently originated type of loan was Conventional, with 1,906 originations. Their 2nd most popular type was FHA, with 73 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	1,344	$399,230,000	$297,046	$5,470	4.70%
Cash Out Refi	431	$130,465,000	$302,703	$5,135	4.84%
Refi	222	$69,140,000	$311,441	$4,839	4.68%
Home Improvement	17	$5,565,000	$327,353	$3,906	4.63%

For 2018, Nexbank's most frequently cited loan purpose was Home Purchase, with 1,344 originations. The 2nd most popular reason was Cash Out Refi, with 431 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	1,866	$571,970,000	$306,522	$5,371	4.76%
15 Year	111	$24,065,000	$216,802	$4,592	4.26%
20 Year	31	$7,185,000	$231,774	$4,985	4.32%
10 Year	4	$660,000	$165,000	$2,621	4.84%
Other	2	$520,000	$260,000	$9,256	4.75%

For 2018, Nexbank's most frequently cited loan duration was 30 Year, with 1,866 originations. The 2nd most popular length was 15 Year, with 111 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$<1k	662	$189,560,000	$286,344
$1k-2k	566	$169,450,000	$299,382
$5k+	204	$89,610,000	$439,265
$2k-3k	139	$41,605,000	$299,317
$3k-4k	123	$32,475,000	$264,024
$4k-5k	76	$22,910,000	$301,447

Nexbank's average total fees were $5,371, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 662 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
4-5%	1,533	$471,775,000	$307,746
5-6%	359	$95,695,000	$266,560
3-4%	108	$33,350,000	$308,796
6-7%	5	$1,565,000	$313,000
<2.5%	4	$900,000	$225,000

During 2018, Nexbank's average interest rate for loans was 4.76%, while their most frequently originated rate bucket for loans was 4-5%, with 1,533 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	957	$273,355,000	$285,637	$5,405	4.69%
$100k-200k	560	$86,880,000	$155,143	$4,257	4.80%
$400k-600k	333	$154,245,000	$463,198	$5,741	4.68%
$600k-1MM	79	$57,525,000	$728,165	$8,241	4.66%
$100,000 or less	65	$5,345,000	$82,231	$3,032	5.00%
$1MM+	20	$27,050,000	$1,352,500	$13,492	4.74%

2018 saw Nexbank place emphasis on $200k-400k loans with 957 originations, totaling $273,355,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	523	$167,255,000	$319,799	$5,457	4.73%
$50k-75k	410	$86,650,000	$211,341	$4,526	4.72%
$75k-100k	371	$99,225,000	$267,453	$5,035	4.69%
$150k-250k	362	$132,880,000	$367,072	$5,883	4.72%
$250k+	174	$92,660,000	$532,529	$7,289	4.81%
$50k or less	171	$25,155,000	$147,105	$4,736	4.76%

Nexbank lent most frequently to those with incomes in the $100k-150k range, with 523 originations. The second most popular income band? $50k-75k, with 410 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	376	$113,910,000	$302,952	$4,989	4.67%
30-36%	366	$114,350,000	$312,432	$5,026	4.72%
<20%	115	$32,425,000	$281,957	$4,499	4.69%
49%	98	$28,700,000	$292,857	$5,030	4.80%
38%	92	$31,250,000	$339,674	$5,518	4.73%
46%	90	$26,850,000	$298,333	$4,752	4.73%
44%	89	$26,105,000	$293,315	$5,494	4.79%
39%	85	$24,045,000	$282,882	$5,188	4.72%
43%	82	$23,790,000	$290,122	$5,427	4.77%
47%	81	$22,375,000	$276,235	$5,229	4.77%
41%	80	$27,160,000	$339,500	$5,489	4.67%
40%	73	$22,745,000	$311,575	$5,488	4.69%
42%	72	$20,700,000	$287,500	$6,452	4.84%
36%	66	$17,200,000	$260,606	$4,582	4.78%
45%	64	$19,700,000	$307,813	$6,646	4.80%
48%	62	$17,410,000	$280,806	$6,619	4.82%
37%	58	$17,620,000	$303,793	$5,641	4.81%
50-60%	55	$14,545,000	$264,455	$7,261	4.57%
>60%	8	$2,950,000	$368,750	$8,382	4.73%

Nexbank lent most frequently to those with DTI ratios of 20-30%, with 376 originations. The next most common DTI ratio? 30-36%, with 366 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	1,449	$430,345,000	$296,994	$5,271	4.72%
Asian	268	$85,520,000	$319,104	$5,366	4.76%
Not provided	159	$55,015,000	$346,006	$5,623	4.76%
Black	122	$28,480,000	$233,443	$5,258	4.73%
Native Hawaiian or Islander	8	$3,490,000	$436,250	$9,030	4.69%
American Indian	7	$1,375,000	$196,429	$3,682	4.86%
Other Asian	1	$175,000	$175,000	$5,969	4.88%

Approval Rates

Total approvals of all applications
96.56%

Nexbank 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
89.92%

Nexbank has an average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
NA	2,014	$604,400,000	$300,099

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Single Family (1-4 Units):Manufactured	1	$335,000	$335,000
Single Family (1-4 Units):Site-Built	2,013	$604,065,000	$300,082

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	61	$13,425,000	$220,082	$4,110	4.59%
40-60%	132	$39,520,000	$299,394	$4,986	4.72%
60-80%	885	$286,035,000	$323,203	$5,323	4.78%
80-100%	912	$259,440,000	$284,474	$5,411	4.69%
Over 100%	14	$3,770,000	$269,286	$7,548	4.63%
Under 20%	8	$1,590,000	$198,750	$4,055	4.66%

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
NexBank, SSB	2515 Mckinney Ave, Suite 1100 Dallas, TX 75201	Full Service B&M	$0
NexBank, SSB	2515 Mckinney Avenue, Suite 1700 Dallas, TX 75201	Full Service B&M	$141,717
NexBank, SSB	6121 Luther Lane Dallas, TX 75225	Full Service B&M	$5,022,023

For 2018, Nexbank had 3 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$209,012
Net interest income	$139,611
Total noninterest income	$79,807
Gross Fiduciary activities income	$0
Service charges on deposit accounts	$11
Trading account gains and fees	$0
Additional Noninterest Income	$79,796
Pre-tax net operating income	$158,493
Securities gains (or losses, -)	$848
Income before extraordinary items	$117,833
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$117,833
Minority interest net income	$0
Net income	$117,833
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$117,163

Nexbank's gross interest income from loans was $209,012,000.
Nexbank's net interest income from loans was $139,611,000.
Nexbank's fee based income from loans was $11,000.
Nexbank's net income from loans was $117,833,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$69,401
Provision for credit losses	$470
Total noninterest expense	$60,455
Salaries and employee benefits	$26,634
Premises and equipment expense	$1,550
Additional noninterest expense	$32,271
Applicable income taxes	$41,508
Net charge-offs	$38
Cash dividends	$0

Nexbank's interest expense for loans was $69,401,000.
Nexbank's payroll and benefits expense were $26,634,000.
Nexbank's property, plant and equipment expenses $1,550,000.

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	$5,120,680
Deposits held in domestic offices	$5,120,680
Deposits by Individuals, partnerships, and corporations	$4,298,341
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$177,704
Deposits by Commercial banks and other depository institutions in U.S.	$644,635
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$435,598
Demand deposits	$435,598
Nontransaction accounts	$4,685,082
Money market deposit accounts (MMDAs)	$4,108,573
Other savings deposits (excluding MMDAs)	$49,763
Total time deposits	$526,745
Total time and savings deposits	$4,685,082
Noninterest-bearing deposits	$345,328
Interest-bearing deposits	$4,775,352
Retail deposits	$3,994,776
IRAs and Keogh plan accounts	$865
Brokered deposits	$1,103,501
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$8,305,036
Cash & Balances due from depository institutions	$1,014,767
Interest-bearing balances	$993,198
Total securities	$1,926,925
Federal funds sold & reverse repurchase	$0
Net loans and leases	$5,018,140
Loan and leases loss allowance	$31,694
Trading account assets	$0
Bank premises and fixed assets	$1,137
Other real estate owned	$1,213
Goodwill and other intangibles	$57,875
All other assets	$284,979

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$8,305,036
Total Liabilities	$7,638,932
Total deposits	$5,120,680
Interest-bearing deposits	$4,775,352
Deposits held in domestic offices	$5,120,680
% insured (estimated)	$65
Federal funds purchased and repurchase agreements	$0
Trading liabilities	$0
Other borrowed funds	$2,428,000
Subordinated debt	$0
All other liabilities	$90,252

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$5,018,140
Loan and leases loss allowance	$31,694
Total loans and leases (domestic)	$5,049,834
All real estate loans	$3,587,113
Real estate loans in domestic offices	$3,587,113
Construction and development loans	$145,057
Residential 1-4 family construction	$16,942
Other construction, all land development and other land	$128,115
Loans secured by nonfarm nonresidential properties	$578,342
Nonfarm nonresidential secured by owner-occupied properties	$28,419
Commercial real estate & other non-farm, non-residential	$549,923
Multifamily residential real estate	$463,258
1-4 family residential loans	$2,400,456
Farmland loans	$0
Loans held in foreign offices	$0
Farm loans	$0
Commercial and industrial loans	$902,423
To non-U.S. addressees	$6,758
Loans to individuals	$10,063
Credit card loans	$0
Related Plans	$500
Consumer Auto Loans	$46
Other loans to individuals	$9,517
All other loans & leases	$550,234
Loans to foreign governments and official institutions	$0
Other loans	$549,851
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

NexBank had $5,018,140,000 of loans outstanding in 2018. $3,587,113,000 of loans were in real estate loans. $145,057,000 of loans were in development loans. $463,258,000 of loans were in multifamily mortgage loans. $2,400,456,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $46,000 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	13	$7,538	$579,846
Nonfarm, nonresidential loans - $250k-1MM	13	$7,538	$579,846
Commercial & Industrial, US addressed loans - <$1MM	13	$1,932	$148,615
Commercial & Industrial, US addressed loans - <$100k	6	$64	$10,667
Commercial & Industrial, US addressed loans - $250k-1MM	7	$1,868	$266,857