Accessbank Texas Mortgage Rates, Fees & Info

Denton, TX

LEI: 549300QUS7X0QJUEZ353

Tax ID: 26-0454965

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Mortgage Data

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

    Accessbank Texas is a smaller bank specializing in Home Purchase, Refi, and Cash Out Refi loans. Accessbank Texas has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Lubbock, Brownsville, Mineral Wells, and College Station among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Accessbank Texas 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.

    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

    60

    Origination Dollar Volume (All Markets)

    $16,260,000

    Employee count

    61

    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) 56 $15,010,000 $268,036 $0 0.00%
    LUBBOCK, TX (FHA|USDA|VA) 1 $555,000 $555,000 $0 0.00%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $305,000 $305,000 $0 0.00%
    Mineral Wells, TX (FHA|USDA|VA) 1 $275,000 $275,000 $0 0.00%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
    Accessbank Texas's top markets include Dallas, Lubbock, Brownsville, Mineral Wells, and College Station among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 60 $16,260,000 $271,000 $0 0.00%

    For 2018, Accessbank Texas's most frequently originated type of loan was Conventional, with 60 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 37 $7,935,000 $214,459 $0 0.00%
    Refi 17 $3,335,000 $196,176 $0 0.00%
    Home Improvement 3 $115,000 $38,333 $0 0.00%
    Cash Out Refi 3 $4,875,000 $1,625,000 $0 0.00%

    For 2018, Accessbank Texas's most frequently cited loan purpose was Home Purchase, with 37 originations. The 2nd most popular reason was Refi, with 17 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 60 $16,260,000 $271,000 $0 0.00%

    For 2018, Accessbank Texas's most frequently cited loan duration was Other, with 60 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 32 $4,500,000 $140,625 $0 0.00%
    $100,000 or less 11 $645,000 $58,636 $0 0.00%
    $200k-400k 8 $2,280,000 $285,000 $0 0.00%
    $400k-600k 4 $1,960,000 $490,000 $0 0.00%
    $600k-1MM 3 $2,165,000 $721,667 $0 0.00%
    $1MM+ 2 $4,710,000 $2,355,000 $0 0.00%

    2018 saw Accessbank Texas place emphasis on $100k-200k loans with 32 originations, totaling $4,500,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 11 $1,975,000 $179,545 $0 0.00%
    $250k+ 7 $1,995,000 $285,000 $0 0.00%
    $100k-150k 3 $555,000 $185,000 $0 0.00%
    $50k-75k 3 $435,000 $145,000 $0 0.00%
    $50k or less 3 $565,000 $188,333 $0 0.00%
    $75k-100k 2 $470,000 $235,000 $0 0.00%

    Accessbank Texas lent most frequently to those with incomes in the $150k-250k range, with 11 originations. The second most popular income band? $250k+, with 7 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 60 $16,260,000 $271,000 $0 0.00%

    Accessbank Texas lent most frequently to those with DTI ratios of Exempt%, with 60 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 28 $9,840,000 $351,429 $0 0.00%
    White 30 $5,560,000 $185,333 $0 0.00%
    Not provided 1 $445,000 $445,000 $0 0.00%
    Asian 1 $415,000 $415,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    86.42%

    Accessbank Texas has an average approval rate.

    Pick Rate

    Approvals leading to origination
    85.00%

    Accessbank Texas has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 60 $16,260,000 $271,000

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 6 $6,390,000 $1,065,000
    Single Family (1-4 Units):Site-Built 54 $9,870,000 $182,778

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    AccessBank Texas 1020 E Mccart St Krum, TX 76249 Full Service B&M $63,320
    AccessBank Texas 15960 Championship Parkway Fort Worth, TX 76177 Full Service B&M $4,681
    AccessBank Texas 320 W. Eagle Drive, Suite 100 Denton, TX 76201 Full Service B&M $198,031
    AccessBank Texas 5644 Lbj Freeway Dallas, TX 75240 Limited, Mobile/Seasonal Office $0
    AccessBank Texas 5644 Lbj Freeway Dallas, TX 75240 Full Service B&M $52,468

    For 2018, Accessbank Texas had 5 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $15,641
    Net interest income $12,844
    Total noninterest income $1,646
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $288
    Trading account gains and fees $0
    Additional Noninterest Income $1,358
    Pre-tax net operating income $3,207
    Securities gains (or losses, -) $0
    Income before extraordinary items $2,561
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $2,561
    Minority interest net income $0
    Net income $2,561
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $2,561

    Accessbank Texas's gross interest income from loans was $15,641,000.
    Accessbank Texas's net interest income from loans was $12,844,000.
    Accessbank Texas's fee based income from loans was $288,000.
    Accessbank Texas's net income from loans was $2,561,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,797
    Provision for credit losses $1,050
    Total noninterest expense $10,233
    Salaries and employee benefits $5,979
    Premises and equipment expense $1,415
    Additional noninterest expense $2,839
    Applicable income taxes $646
    Net charge-offs $72
    Cash dividends $0

    Accessbank Texas's interest expense for loans was $2,797,000.
    Accessbank Texas's payroll and benefits expense were $5,979,000.
    Accessbank Texas's property, plant and equipment expenses $1,415,000.

    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 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 5.0%
    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 $343,524
    Deposits held in domestic offices $343,524
    Deposits by Individuals, partnerships, and corporations $319,263
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $21,930
    Deposits by Commercial banks and other depository institutions in U.S. $2,331
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $128,983
    Demand deposits $128,983
    Nontransaction accounts $214,541
    Money market deposit accounts (MMDAs) $98,722
    Other savings deposits (excluding MMDAs) $5,139
    Total time deposits $110,679
    Total time and savings deposits $214,541
    Noninterest-bearing deposits $88,788
    Interest-bearing deposits $254,736
    Retail deposits $301,607
    IRAs and Keogh plan accounts $7,152
    Brokered deposits $1,000
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $380,355
    Cash & Balances due from depository institutions $19,958
    Interest-bearing balances $15,979
    Total securities $57,867
    Federal funds sold & reverse repurchase $6,271
    Net loans and leases $276,720
    Loan and leases loss allowance $3,593
    Trading account assets $0
    Bank premises and fixed assets $8,330
    Other real estate owned $0
    Goodwill and other intangibles $487
    All other assets $10,722

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $380,355
    Total Liabilities $344,811
    Total deposits $343,524
    Interest-bearing deposits $254,736
    Deposits held in domestic offices $343,524
    % insured (estimated) $65
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $1,287

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $276,720
    Loan and leases loss allowance $3,593
    Total loans and leases (domestic) $280,313
    All real estate loans $219,978
    Real estate loans in domestic offices $219,978
    Construction and development loans $41,798
    Residential 1-4 family construction $18,452
    Other construction, all land development and other land $23,346
    Loans secured by nonfarm nonresidential properties $114,031
    Nonfarm nonresidential secured by owner-occupied properties $71,637
    Commercial real estate & other non-farm, non-residential $42,394
    Multifamily residential real estate $18,661
    1-4 family residential loans $40,843
    Farmland loans $4,645
    Loans held in foreign offices $0
    Farm loans $1,568
    Commercial and industrial loans $54,295
    To non-U.S. addressees $0
    Loans to individuals $4,419
    Credit card loans $787
    Related Plans $0
    Consumer Auto Loans $2,030
    Other loans to individuals $1,602
    All other loans & leases $53
    Loans to foreign governments and official institutions $0
    Other loans $53
    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 $791
    Non 1-4 family restructured loans & leases $791
    Total loans and leases (foreign) $0

    AccessBank Texas had $276,720,000 of loans outstanding in 2018. $219,978,000 of loans were in real estate loans. $41,798,000 of loans were in development loans. $18,661,000 of loans were in multifamily mortgage loans. $40,843,000 of loans were in 1-4 family mortgage loans. $1,568,000 of loans were in farm loans. $787,000 of loans were in credit card loans. $2,030,000 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 121 $38,703 $319,860
    Nonfarm, nonresidential loans - <$100k 6 $215 $35,833
    Nonfarm, nonresidential loans - $100-250k 40 $5,848 $146,200
    Nonfarm, nonresidential loans - $250k-1MM 75 $32,640 $435,200
    Commercial & Industrial, US addressed loans - <$1MM 393 $36,170 $92,036
    Commercial & Industrial, US addressed loans - <$100k 228 $6,812 $29,877
    Commercial & Industrial, US addressed loans - $100-250k 102 $10,888 $106,745
    Commercial & Industrial, US addressed loans - $250k-1MM 63 $18,470 $293,175
    Farmland loans - <$1MM 22 $2,793 $126,955
    Farmland loans - <$100k 8 $304 $38,000
    Farmland loans - $100-250k 10 $1,321 $132,100
    Farmland loans - $250k-1MM 4 $1,168 $292,000
    Agriculture operations loans - <$1MM 16 $1,568 $98,000
    Agriculture operations loans - <$100k 9 $201 $22,333
    Agriculture operations loans - $100-250k 5 $696 $139,200
    Agriculture operations loans - $250k-1MM 2 $671 $335,500