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 and Refi loans. Accessbank Texas has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Gainesville, Sherman, and Granbury 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 above 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

    108

    Origination Dollar Volume (All Markets)

    $31,900,000

    Employee count

    79

    Top Markets

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    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) 100 $30,100,000 $301,000 $0 0.00%
    Gainesville, TX (FHA|USDA|VA) 4 $800,000 $200,000 $0 0.00%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $750,000 $375,000 $0 0.00%
    Granbury, TX (FHA|USDA|VA) 1 $185,000 $185,000 $0 0.00%
    Outside of Metro Areas 1 $65,000 $65,000 $0 0.00%
    Accessbank Texas's top markets include Dallas, Gainesville, Sherman, and Granbury among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 108 $31,900,000 $295,370 $0 0.00%

    For 2019, Accessbank Texas's most frequently originated type of loan was Conventional, with 108 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 70 $21,320,000 $304,571 $0 0.00%
    Refi 20 $6,840,000 $342,000 $0 0.00%
    Cash Out Refi 18 $3,740,000 $207,778 $0 0.00%

    For 2019, Accessbank Texas's most frequently cited loan purpose was Home Purchase, with 70 originations. The 2nd most popular reason was Refi, with 20 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 108 $31,900,000 $295,370 $0 0.00%

    For 2019, Accessbank Texas's most frequently cited loan duration was Other, with 108 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 43 $6,385,000 $148,488 $0 0.00%
    $200k-400k 40 $10,780,000 $269,500 $0 0.00%
    $400k-600k 11 $5,075,000 $461,364 $0 0.00%
    $100,000 or less 5 $355,000 $71,000 $0 0.00%
    $600k-1MM 5 $3,945,000 $789,000 $0 0.00%
    $1MM+ 4 $5,360,000 $1,340,000 $0 0.00%

    2019 saw Accessbank Texas place emphasis on $100k-200k loans with 43 originations, totaling $6,385,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 14 $3,810,000 $272,143 $0 0.00%
    $250k+ 13 $6,625,000 $509,615 $0 0.00%
    $100k-150k 12 $3,730,000 $310,833 $0 0.00%
    $50k or less 6 $1,440,000 $240,000 $0 0.00%
    $50k-75k 5 $945,000 $189,000 $0 0.00%
    $75k-100k 2 $780,000 $390,000 $0 0.00%

    Accessbank Texas lent most frequently to those with incomes in the $150k-250k range, with 14 originations. The second most popular income band? $250k+, with 13 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 108 $31,900,000 $295,370 $0 0.00%

    Accessbank Texas lent most frequently to those with DTI ratios of Exempt%, with 108 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 53 $17,055,000 $321,792 $0 0.00%
    Not applicable 53 $14,015,000 $264,434 $0 0.00%
    Not provided 1 $605,000 $605,000 $0 0.00%
    Asian 1 $225,000 $225,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.66%

    Accessbank Texas has an average approval rate.

    Pick Rate

    Approvals leading to origination
    86.11%

    Accessbank Texas has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 108 $31,900,000 $295,370

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 2 $1,070,000 $535,000
    Single Family (1-4 Units):Site-Built 106 $30,830,000 $290,849

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    AccessBank Texas 1020 E Mccart St Krum, TX 76249 Full Service B&M $75,037
    AccessBank Texas 15960 Championship Parkway Fort Worth, TX 76177 Full Service B&M $10,772
    AccessBank Texas 320 W. Eagle Drive, Suite 100 Denton, TX 76201 Full Service B&M $208,344
    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 $56,087

    For 2019, Accessbank Texas had 5 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $18,283
    Net interest income $14,133
    Total noninterest income $1,609
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $317
    Trading account gains and fees $0
    Additional Noninterest Income $1,292
    Pre-tax net operating income $1,597
    Securities gains (or losses, -) $0
    Income before extraordinary items $1,357
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $1,357
    Minority interest net income $0
    Net income $1,357
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $1,357

    Accessbank Texas's gross interest income from loans was $18,283,000.
    Accessbank Texas's net interest income from loans was $14,133,000.
    Accessbank Texas's fee based income from loans was $317,000.
    Accessbank Texas's net income from loans was $1,357,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $4,150
    Provision for credit losses $1,781
    Total noninterest expense $12,364
    Salaries and employee benefits $7,607
    Premises and equipment expense $1,662
    Additional noninterest expense $3,095
    Applicable income taxes $240
    Net charge-offs $442
    Cash dividends $1,236

    Accessbank Texas's interest expense for loans was $4,150,000.
    Accessbank Texas's payroll and benefits expense were $7,607,000.
    Accessbank Texas's property, plant and equipment expenses $1,662,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 2.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 3.0%
    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 $417,304
    Deposits held in domestic offices $417,304
    Deposits by Individuals, partnerships, and corporations $379,154
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $37,397
    Deposits by Commercial banks and other depository institutions in U.S. $753
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $161,920
    Demand deposits $161,920
    Nontransaction accounts $255,384
    Money market deposit accounts (MMDAs) $124,316
    Other savings deposits (excluding MMDAs) $7,362
    Total time deposits $123,706
    Total time and savings deposits $255,384
    Noninterest-bearing deposits $104,218
    Interest-bearing deposits $313,086
    Retail deposits $371,832
    IRAs and Keogh plan accounts $9,034
    Brokered deposits $1,000
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $466,940
    Cash & Balances due from depository institutions $33,683
    Interest-bearing balances $30,807
    Total securities $47,754
    Federal funds sold & reverse repurchase $40,550
    Net loans and leases $324,072
    Loan and leases loss allowance $4,932
    Trading account assets $0
    Bank premises and fixed assets $10,102
    Other real estate owned $0
    Goodwill and other intangibles $398
    All other assets $10,381

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $466,940
    Total Liabilities $418,816
    Total deposits $417,304
    Interest-bearing deposits $313,086
    Deposits held in domestic offices $417,304
    % insured (estimated) $60
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $1,512

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $324,072
    Loan and leases loss allowance $4,932
    Total loans and leases (domestic) $329,004
    All real estate loans $271,030
    Real estate loans in domestic offices $271,030
    Construction and development loans $43,943
    Residential 1-4 family construction $17,618
    Other construction, all land development and other land $26,325
    Loans secured by nonfarm nonresidential properties $150,528
    Nonfarm nonresidential secured by owner-occupied properties $94,105
    Commercial real estate & other non-farm, non-residential $56,423
    Multifamily residential real estate $17,689
    1-4 family residential loans $53,596
    Farmland loans $5,274
    Loans held in foreign offices $0
    Farm loans $1,537
    Commercial and industrial loans $47,105
    To non-U.S. addressees $0
    Loans to individuals $9,224
    Credit card loans $851
    Related Plans $0
    Consumer Auto Loans $2,212
    Other loans to individuals $6,161
    All other loans & leases $108
    Loans to foreign governments and official institutions $0
    Other loans $108
    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 $515
    Non 1-4 family restructured loans & leases $515
    Total loans and leases (foreign) $0

    AccessBank Texas had $324,072,000 of loans outstanding in 2019. $271,030,000 of loans were in real estate loans. $43,943,000 of loans were in development loans. $17,689,000 of loans were in multifamily mortgage loans. $53,596,000 of loans were in 1-4 family mortgage loans. $1,537,000 of loans were in farm loans. $851,000 of loans were in credit card loans. $2,212,000 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 155 $54,101 $349,039
    Nonfarm, nonresidential loans - <$100k 9 $415 $46,111
    Nonfarm, nonresidential loans - $100-250k 46 $7,092 $154,174
    Nonfarm, nonresidential loans - $250k-1MM 100 $46,594 $465,940
    Commercial & Industrial, US addressed loans - <$1MM 458 $36,636 $79,991
    Commercial & Industrial, US addressed loans - <$100k 274 $7,847 $28,639
    Commercial & Industrial, US addressed loans - $100-250k 104 $9,809 $94,317
    Commercial & Industrial, US addressed loans - $250k-1MM 80 $18,980 $237,250
    Farmland loans - <$1MM 23 $2,662 $115,739
    Farmland loans - <$100k 8 $431 $53,875
    Farmland loans - $100-250k 11 $1,256 $114,182
    Farmland loans - $250k-1MM 4 $975 $243,750
    Agriculture operations loans - <$1MM 14 $1,537 $109,786
    Agriculture operations loans - <$100k 7 $192 $27,429
    Agriculture operations loans - $100-250k 5 $698 $139,600
    Agriculture operations loans - $250k-1MM 2 $647 $323,500