The American National Bank Of Texas Mortgage Rates, Fees & Info

Terrell, TX

LEI: 549300QFJDBOCX7WKY08

Tax ID: 75-1747054

2.9 stars - out of 5 stars, based on 30 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

The American National Bank Of Texas is a smaller bank specializing in Home Purchase and Refi loans. The American National Bank Of Texas has a high proportion of conventional loans. Their top markets include Dallas, Athens, Sherman, Austin, and Sulphur Springs among others. The American National Bank Of Texas has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. The American National Bank Of Texas is typically a high fee lendor.


Originations

911

Origination Dollar Volume (All Markets)

$267,625,000

Employee count

523

Relative Rate

The American National Bank Of Texas's average 30 year fixed rate mortgage of loans were 3.05%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.1%.

Relative Fees

The American National Bank Of Texas's average total fees for a 30 year fixed rate mortgage are $7,197.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 707 $222,395,000 $314,562 $6,689 3.04%
Outside of Metro Areas 111 $22,285,000 $200,766 $4,619 3.19%
Athens, TX (FHA|USDA|VA) 20 $5,810,000 $290,500 $7,499 2.95%
SHERMAN-DENISON, TX (FHA|USDA|VA) 13 $4,895,000 $376,538 $9,227 3.22%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 9 $2,115,000 $235,000 $5,918 3.18%
Sulphur Springs, TX (FHA|USDA|VA) 6 $1,630,000 $271,667 $5,694 3.17%
Gainesville, TX (FHA|USDA|VA) 3 $1,125,000 $375,000 $6,236 2.75%
LONGVIEW, TX (FHA|USDA|VA) 8 $850,000 $106,250 $4,263 2.92%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 5 $845,000 $169,000 $4,848 3.65%
Mineral Wells, TX (FHA|USDA|VA) 2 $690,000 $345,000 $8,343 2.94%
TYLER, TX (FHA|USDA|VA) 3 $685,000 $228,333 $6,041 3.04%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $605,000 $201,667 $4,296 2.46%
Corsicana, TX (FHA|USDA|VA) 2 $550,000 $275,000 $6,504 2.44%
Bonham, TX (FHA|USDA|VA) 2 $470,000 $235,000 $7,574 3.06%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $460,000 $230,000 $2,591 3.62%
WACO, TX (FHA|USDA|VA) 2 $440,000 $220,000 $5,971 3.56%
Jacksonville, TX (FHA|USDA|VA) 1 $435,000 $435,000 $10,408 3.50%
LUBBOCK, TX (FHA|USDA|VA) 4 $320,000 $80,000 $3,857 2.91%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $310,000 $155,000 $4,956 2.88%
EL PASO, TX (FHA|USDA|VA) 1 $185,000 $185,000 $5,376 3.00%
ABILENE, TX (FHA|USDA|VA) 1 $155,000 $155,000 $3,445 2.13%
Nacogdoches, TX (FHA|USDA|VA) 1 $145,000 $145,000 $3,110 2.13%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $115,000 $115,000 $4,178 3.38%
Granbury, TX (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.55%
WICHITA FALLS, TX (FHA|USDA|VA) 1 $55,000 $55,000 $3,885 3.50%

The American National Bank Of Texas's top markets include Dallas, Athens, Sherman, Austin, and Sulphur Springs among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 911 $267,625,000 $293,771 $6,399 3.06%

For the 2021 period, The American National Bank Of Texas's most frequently originated loan type of loans were Conventional, with 911 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 366 $146,010,000 $398,934 $9,184 3.11%
Refi 217 $54,785,000 $252,465 $4,647 2.65%
Cash Out Refi 184 $43,680,000 $237,391 $5,285 3.12%
Other 140 $22,810,000 $162,929 $4,038 3.41%
Home Improvement 4 $340,000 $85,000 $1,277 5.19%

For the 2021, The American National Bank Of Texas's most frequently cited loan purpose of loans were Home Purchase, with 366 originations. The 2nd most popular reason of loans were Refi, with 217 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 415 $139,015,000 $334,976 $7,197 3.05%
15 Year 250 $46,890,000 $187,560 $3,816 2.96%
30+ year 100 $49,000,000 $490,000 $11,399 3.27%
20 Year 58 $12,900,000 $222,414 $5,680 2.80%
Other 40 $11,660,000 $291,500 $6,812 3.02%
10 Year 26 $3,600,000 $138,462 $3,703 2.83%
5 Year 20 $3,830,000 $191,500 $738 4.41%
1 Year 2 $730,000 $365,000 $0 4.32%

For the 2021, The American National Bank Of Texas's most frequently cited loan length of loans were 30 Year, with 415 originations. The 2nd most popular length of loans were 15 Year, with 250 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$5k+ 227 $133,065,000 $586,189
$3k-4k 224 $60,570,000 $270,402
$2k-3k 211 $32,815,000 $155,521
$1k-2k 119 $25,845,000 $217,185
$<1k 102 $7,690,000 $75,392

$7,197 of loans were The American National Bank Of Texas's average total fees, while their most frequently occuring range of origination fees were in the $5k+ bucket, with 227 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 356 $128,670,000 $361,433
2.5-3% 276 $76,850,000 $278,442
<2.5% 221 $51,495,000 $233,009
4-5% 29 $7,675,000 $264,655
5-6% 25 $1,855,000 $74,200

During 2021, The American National Bank Of Texas's average interest rate of loans were 3.05%, while their most frequently originated rate bucket of loans were 3-4%, with 356 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 322 $93,080,000 $289,068 $6,761 2.96%
$100k-200k 255 $37,845,000 $148,412 $4,447 2.88%
$400k-600k 142 $67,420,000 $474,789 $9,676 2.99%
$100,000 or less 137 $9,555,000 $69,745 $1,613 3.57%
$600k-1MM 39 $29,815,000 $764,487 $14,679 3.44%
$1MM+ 16 $29,910,000 $1,869,375 $24,794 3.29%

2021 saw The American National Bank Of Texas place emphasis on $200k-400k loans with 322 originations, totaling $93,080,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 241 $67,365,000 $279,523 $6,286 3.00%
$150k-250k 168 $55,340,000 $329,405 $7,419 2.97%
$50k-75k 147 $24,415,000 $166,088 $4,392 3.00%
$75k-100k 129 $27,465,000 $212,907 $5,227 3.04%
$250k+ 120 $75,820,000 $631,833 $11,134 3.09%
$50k or less 69 $8,285,000 $120,072 $3,278 3.01%

The American National Bank Of Texas lent most frequently to those with incomes in the $100k-150k range, with 241 originations. The second most popular income band? $150k-250k, with 168 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 228 $65,270,000 $286,272 $5,976 2.93%
30-36% 154 $45,860,000 $297,792 $6,511 3.10%
<20% 78 $24,960,000 $320,000 $6,475 2.86%
39% 41 $10,645,000 $259,634 $5,939 3.08%
42% 40 $8,880,000 $222,000 $5,357 3.00%
43% 40 $10,550,000 $263,750 $6,441 3.11%
44% 33 $10,345,000 $313,485 $7,092 3.18%
40% 33 $11,125,000 $337,121 $6,844 2.94%
41% 33 $9,155,000 $277,424 $6,560 3.08%
37% 32 $10,140,000 $316,875 $7,296 2.88%
38% 30 $8,570,000 $285,667 $6,411 3.37%
46% 25 $11,045,000 $441,800 $8,100 2.97%
48% 24 $6,640,000 $276,667 $7,029 2.92%
36% 24 $5,870,000 $244,583 $5,341 3.19%
49% 24 $7,410,000 $308,750 $6,898 2.95%
47% 20 $5,010,000 $250,500 $6,186 2.89%
45% 17 $8,075,000 $475,000 $9,590 3.08%
>60% 7 $665,000 $95,000 $1,993 3.12%

The American National Bank Of Texas lent most frequently to those with DTI ratios of 20-30%, with 228 originations. The next most common DTI ratio? 30-36%, with 154 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 755 $219,465,000 $290,682 $6,295 3.02%
Not provided 77 $19,685,000 $255,649 $6,141 2.97%
Asian 21 $12,875,000 $613,095 $11,188 2.98%
Not applicable 25 $6,455,000 $258,200 $0 4.60%
Black 16 $4,900,000 $306,250 $7,074 3.11%
American Indian 13 $2,805,000 $215,769 $5,508 2.88%
Other Asian 2 $530,000 $265,000 $3,688 3.57%
Native Hawaiian 1 $485,000 $485,000 $11,432 3.38%
Asian Indian 1 $425,000 $425,000 $3,309 3.00%

Approval Rates

Total approvals of all applications
84.94%

The American National Bank Of Texas has a below average approval rate.

Pick Rate

Approvals leading to origination
72.44%

The American National Bank Of Texas has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 911 $267,625,000 $293,771

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
911 $267,625,000 $293,771

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 118 $15,560,000 $131,864 $2,971 3.04%
40-60% 172 $41,180,000 $239,419 $5,532 2.81%
60-80% 409 $145,755,000 $356,369 $7,479 3.05%
80-100% 176 $62,660,000 $356,023 $8,334 3.05%
Under 20% 36 $2,470,000 $68,611 $776 4.35%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
The American National Bank of Texas 1105 North Goliad Rockwall, TX 75087 Full Service B&M $89,626
The American National Bank of Texas 102 West Moore Ave Terrell, TX 75160 Full Service B&M $471,578
The American National Bank of Texas 1023 W U.S. Highway 175 Crandall, TX 75114 Full Service B&M $80,030
The American National Bank of Texas 104 Regal Drive Forney, TX 75126 Full Service B&M $174,813
The American National Bank of Texas 1101 East Plano Parkway Plano, TX 75074 Full Service B&M $90,909
The American National Bank of Texas 301 South Highway 78 Wylie, TX 75098 Full Service B&M $127,677
The American National Bank of Texas 308 East Renfro, Suite #100 Burleson, TX 76028 Full Service B&M $125,674
The American National Bank of Texas 340 W. North Commerce Street Wills Point, TX 75169 Full Service B&M $46,490
The American National Bank of Texas 401 E. Highway 243 Canton, TX 75103 Full Service B&M $98,238
The American National Bank of Texas 5320 Lakeview Parkway Rowlett, TX 75088 Full Service B&M $56,334
The American National Bank of Texas 5430 Highway 78 Sachse, TX 75048 Full Service B&M $129,889
The American National Bank of Texas 5809 Wesley Street Greenville, TX 75402 Full Service B&M $259,625
The American National Bank of Texas 601 Joe Ramsey Blvd. Greenville, TX 75402 Full Service B&M $21,131
The American National Bank of Texas 720 South Greenville Avenue Allen, TX 75002 Full Service B&M $463,281
The American National Bank of Texas 8908 Highway 34 South Quinlan, TX 75474 Full Service B&M $77,280
The American National Bank of Texas 917 Military Parkway Mesquite, TX 75149 Full Service B&M $182,606
The American National Bank of Texas 123 E Interstate 30 Royse City, TX 75189 Full Service B&M $74,848
The American National Bank of Texas 1900 West Moore Avenue Terrell, TX 75160 Full Service Retail $23,285
The American National Bank of Texas 201 North Highway 175 Seagoville, TX 75159 Full Service B&M $103,915
The American National Bank of Texas 2101 Precinct Line Road Hurst, TX 76054 Full Service B&M $67,707
The American National Bank of Texas 2500 E Broad Street, Suite 100 Mansfield, TX 76063 Full Service B&M $152,451
The American National Bank of Texas 2600 Dallas Pkwy Frisco, TX 75034 Full Service B&M $13,334
The American National Bank of Texas 2700 South Washington Kaufman, TX 75142 Full Service B&M $299,010
The American National Bank of Texas 2703 Oak Lawn Dallas, TX 75219 Full Service B&M $240,668
The American National Bank of Texas 2720 W 7th Street Fort Worth, TX 76107 Full Service B&M $70,700
The American National Bank of Texas 2851 South Central Expressway Mckinney, TX 75070 Full Service B&M $280,103
The American National Bank of Texas 2865 Ridge Road Rockwall, TX 75032 Full Service B&M $442,505

For 2021, The American National Bank Of Texas had 27 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $142,733
Net interest income $137,348
Total noninterest income $32,774
Gross Fiduciary activities income $2,496
Service charges on deposit accounts $7,647
Trading account gains and fees $0
Additional Noninterest Income $22,631
Pre-tax net operating income $59,652
Securities gains (or losses, -) $-5
Income before extraordinary items $49,455
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $49,455
Minority interest net income $0
Net income $49,455
Sale, conversion, retirement of capital stock, net $0
Net operating income $49,459

The American National Bank Of Texas's gross interest income from loans was $142,733,000.
The American National Bank Of Texas's net interest income from loans was $137,348,000.
The American National Bank Of Texas's fee based income from loans was $7,647,000.
The American National Bank Of Texas's net income from loans was $49,455,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $5,385
Provision for credit losses $600
Total noninterest expense $109,870
Salaries and employee benefits $59,337
Premises and equipment expense $15,327
Additional noninterest expense $35,206
Applicable income taxes $10,192
Net charge-offs $514
Cash dividends $0

The American National Bank Of Texas's interest expense for loans was $5,385,000.
The American National Bank Of Texas's payroll and benefits expense were $59,337,000.
The American National Bank Of Texas's property, plant and equipment expenses $15,327,000.

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 $4,753,199
Deposits held in domestic offices $4,753,199
Deposits by Individuals, partnerships, and corporations $3,576,501
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $1,173,013
Deposits by Commercial banks and other depository institutions in U.S. $3,685
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $635,190
Demand deposits $370,432
Nontransaction accounts $4,118,009
Money market deposit accounts (MMDAs) $916,735
Other savings deposits (excluding MMDAs) $2,921,736
Total time deposits $279,538
Total time and savings deposits $4,382,767
Noninterest-bearing deposits $1,931,382
Interest-bearing deposits $2,821,817
Retail deposits $4,590,348
IRAs and Keogh plan accounts $29,476
Brokered deposits $0
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $5,330,915
Cash & Balances due from depository institutions $351,951
Interest-bearing balances $263,996
Total securities $2,518,284
Federal funds sold & reverse repurchase $0
Net loans and leases $2,253,485
Loan and leases loss allowance $34,033
Trading account assets $0
Bank premises and fixed assets $57,060
Other real estate owned $0
Goodwill and other intangibles $28,293
All other assets $121,842

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $5,330,915
Total Liabilities $4,902,247
Total deposits $4,753,199
Interest-bearing deposits $2,821,817
Deposits held in domestic offices $4,753,199
% insured (estimated) $47
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $120,000
Subordinated debt $0
All other liabilities $29,048

Issued Loan Types

Type Value (in 000's)
Net loans and leases $2,253,485
Loan and leases loss allowance $34,033
Total loans and leases (domestic) $2,287,518
All real estate loans $1,652,144
Real estate loans in domestic offices $1,652,144
Construction and development loans $313,960
Residential 1-4 family construction $73,338
Other construction, all land development and other land $240,622
Loans secured by nonfarm nonresidential properties $872,453
Nonfarm nonresidential secured by owner-occupied properties $559,776
Commercial real estate & other non-farm, non-residential $312,677
Multifamily residential real estate $20,539
1-4 family residential loans $403,121
Farmland loans $42,071
Loans held in foreign offices $0
Farm loans $7,397
Commercial and industrial loans $245,721
To non-U.S. addressees $0
Loans to individuals $23,933
Credit card loans $0
Related Plans $6,907
Consumer Auto Loans $3,854
Other loans to individuals $13,172
All other loans & leases $358,323
Loans to foreign governments and official institutions $0
Other loans $75,402
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $2,674
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $5,944
Non 1-4 family restructured loans & leases $5,944
Total loans and leases (foreign) $0

The American National Bank of Texas had $2,253,485,000 of loans outstanding in 2021. $1,652,144,000 of loans were in real estate loans. $313,960,000 of loans were in development loans. $20,539,000 of loans were in multifamily mortgage loans. $403,121,000 of loans were in 1-4 family mortgage loans. $7,397,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,854,000 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 693 $194,052 $280,017
Nonfarm, nonresidential loans - <$100k 50 $2,078 $41,560
Nonfarm, nonresidential loans - $100-250k 216 $25,788 $119,389
Nonfarm, nonresidential loans - $250k-1MM 427 $166,186 $389,194
Commercial & Industrial, US addressed loans - <$1MM 1,434 $121,670 $84,847
Commercial & Industrial, US addressed loans - <$100k 875 $19,817 $22,648
Commercial & Industrial, US addressed loans - $100-250k 291 $28,198 $96,900
Commercial & Industrial, US addressed loans - $250k-1MM 268 $73,655 $274,832
Farmland loans - <$1MM 252 $35,211 $139,726
Farmland loans - <$100k 66 $3,674 $55,667
Farmland loans - $100-250k 147 $20,139 $137,000
Farmland loans - $250k-1MM 39 $11,398 $292,256
Agriculture operations loans - <$1MM 51 $1,709 $33,510
Agriculture operations loans - <$100k 37 $742 $20,054
Agriculture operations loans - $100-250k 14 $967 $69,071