Round Top State Bank Mortgage Rates, Fees & Info

Round Top, TX

LEI: 549300SD5OZMLCCZ6H34

Tax ID: 74-0872130

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

Jump to:

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

    Round Top State Bank is a smaller bank specializing in Home Purchase loans. Round Top State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Austin, Brenham, Houston, College Station, and Waco among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Round Top State Bank has an average approval rate when compared to the average across all lenders. They have an 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.

    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.


    Originations

    183

    Origination Dollar Volume (All Markets)

    $43,525,000

    Employee count

    76

    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
    Outside of Metro Areas 104 $22,660,000 $217,885 $0 0.00%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 48 $12,910,000 $268,958 $0 0.00%
    Brenham, TX (FHA|USDA|VA) 18 $4,860,000 $270,000 $0 0.00%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $1,025,000 $341,667 $0 0.00%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 4 $680,000 $170,000 $0 0.00%
    WACO, TX (FHA|USDA|VA) 1 $425,000 $425,000 $0 0.00%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $390,000 $195,000 $0 0.00%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $255,000 $255,000 $0 0.00%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $175,000 $175,000 $0 0.00%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
    Round Top State Bank's top markets include Austin, Brenham, Houston, College Station, and Waco among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 183 $43,525,000 $237,842 $0 0.00%

    For 2019, Round Top State Bank's most frequently originated type of loan was Conventional, with 183 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 127 $34,245,000 $269,646 $0 0.00%
    Home Improvement 22 $2,630,000 $119,545 $0 0.00%
    Refi 19 $3,915,000 $206,053 $0 0.00%
    Other 8 $910,000 $113,750 $0 0.00%
    Cash Out Refi 7 $1,825,000 $260,714 $0 0.00%

    For 2019, Round Top State Bank's most frequently cited loan purpose was Home Purchase, with 127 originations. The 2nd most popular reason was Home Improvement, with 22 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 183 $43,525,000 $237,842 $0 0.00%

    For 2019, Round Top State Bank's most frequently cited loan duration was Other, with 183 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 59 $8,485,000 $143,814 $0 0.00%
    $200k-400k 48 $13,580,000 $282,917 $0 0.00%
    $100,000 or less 46 $3,140,000 $68,261 $0 0.00%
    $400k-600k 17 $7,845,000 $461,471 $0 0.00%
    $600k-1MM 10 $7,080,000 $708,000 $0 0.00%
    $1MM+ 3 $3,395,000 $1,131,667 $0 0.00%

    2019 saw Round Top State Bank place emphasis on $100k-200k loans with 59 originations, totaling $8,485,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 39 $9,725,000 $249,359 $0 0.00%
    $150k-250k 38 $10,930,000 $287,632 $0 0.00%
    $75k-100k 29 $4,385,000 $151,207 $0 0.00%
    $250k+ 21 $9,395,000 $447,381 $0 0.00%
    $50k or less 16 $1,520,000 $95,000 $0 0.00%
    $50k-75k 13 $1,955,000 $150,385 $0 0.00%

    Round Top State Bank lent most frequently to those with incomes in the $100k-150k range, with 39 originations. The second most popular income band? $150k-250k, with 38 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 183 $43,525,000 $237,842 $0 0.00%

    Round Top State Bank lent most frequently to those with DTI ratios of Exempt%, with 183 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 145 $35,435,000 $244,379 $0 0.00%
    Not applicable 24 $5,310,000 $221,250 $0 0.00%
    Not provided 11 $2,325,000 $211,364 $0 0.00%
    Black 3 $455,000 $151,667 $0 0.00%

    Approval Rates

    Total approvals of all applications
    87.28%

    Round Top State Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    91.26%

    Round Top State Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 183 $43,525,000 $237,842

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $1,355,000 $1,355,000
    Single Family (1-4 Units):Manufactured 17 $1,615,000 $95,000
    Single Family (1-4 Units):Site-Built 165 $40,555,000 $245,788

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Round Top State Bank 2010 W. Highway 71 La Grange, TX 78945 Full Service B&M $120,919
    Round Top State Bank 121 N 5th Street Jarrell, TX 76537 Full Service B&M $57,800
    Round Top State Bank 1442 East Austin Street Giddings, TX 78942 Full Service B&M $102,320
    Round Top State Bank 2250 North Aw Grimes Blvd Round Rock, TX 78664 Full Service B&M $60,347
    Round Top State Bank 301 N. Washington St Round Top, TX 78954 Full Service B&M $123,347
    Round Top State Bank 8681 State Highway 77 Lexington, TX 78947 Full Service B&M $47,261

    For 2019, Round Top State Bank had 6 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $23,306
    Net interest income $17,975
    Total noninterest income $1,709
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $995
    Trading account gains and fees $0
    Additional Noninterest Income $714
    Pre-tax net operating income $9,247
    Securities gains (or losses, -) $201
    Income before extraordinary items $7,632
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $7,632
    Minority interest net income $0
    Net income $7,632
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $7,469

    Round Top State Bank's gross interest income from loans was $23,306,000.
    Round Top State Bank's net interest income from loans was $17,975,000.
    Round Top State Bank's fee based income from loans was $995,000.
    Round Top State Bank's net income from loans was $7,632,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $5,331
    Provision for credit losses $50
    Total noninterest expense $10,387
    Salaries and employee benefits $6,290
    Premises and equipment expense $1,346
    Additional noninterest expense $2,751
    Applicable income taxes $1,816
    Net charge-offs $29
    Cash dividends $1,369

    Round Top State Bank's interest expense for loans was $5,331,000.
    Round Top State Bank's payroll and benefits expense were $6,290,000.
    Round Top State Bank's property, plant and equipment expenses $1,346,000.

    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 $533,686
    Deposits held in domestic offices $533,686
    Deposits by Individuals, partnerships, and corporations $505,636
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $28,050
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $166,196
    Demand deposits $144,501
    Nontransaction accounts $367,490
    Money market deposit accounts (MMDAs) $85,009
    Other savings deposits (excluding MMDAs) $53,475
    Total time deposits $229,006
    Total time and savings deposits $389,185
    Noninterest-bearing deposits $142,294
    Interest-bearing deposits $391,392
    Retail deposits $488,982
    IRAs and Keogh plan accounts $21,125
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $604,795
    Cash & Balances due from depository institutions $28,702
    Interest-bearing balances $24,953
    Total securities $167,052
    Federal funds sold & reverse repurchase $7,510
    Net loans and leases $386,620
    Loan and leases loss allowance $3,102
    Trading account assets $0
    Bank premises and fixed assets $8,854
    Other real estate owned $0
    Goodwill and other intangibles $622
    All other assets $5,435

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $604,795
    Total Liabilities $534,577
    Total deposits $533,686
    Interest-bearing deposits $391,392
    Deposits held in domestic offices $533,686
    % insured (estimated) $82
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $891

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $386,620
    Loan and leases loss allowance $3,102
    Total loans and leases (domestic) $389,722
    All real estate loans $344,588
    Real estate loans in domestic offices $344,588
    Construction and development loans $50,758
    Residential 1-4 family construction $16,136
    Other construction, all land development and other land $34,622
    Loans secured by nonfarm nonresidential properties $90,061
    Nonfarm nonresidential secured by owner-occupied properties $36,017
    Commercial real estate & other non-farm, non-residential $54,044
    Multifamily residential real estate $3,766
    1-4 family residential loans $153,531
    Farmland loans $46,472
    Loans held in foreign offices $0
    Farm loans $11,697
    Commercial and industrial loans $17,289
    To non-U.S. addressees $0
    Loans to individuals $13,035
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $4,247
    Other loans to individuals $8,788
    All other loans & leases $3,113
    Loans to foreign governments and official institutions $0
    Other loans $1,072
    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

    Round Top State Bank had $386,620,000 of loans outstanding in 2019. $344,588,000 of loans were in real estate loans. $50,758,000 of loans were in development loans. $3,766,000 of loans were in multifamily mortgage loans. $153,531,000 of loans were in 1-4 family mortgage loans. $11,697,000 of loans were in farm loans. $0 of loans were in credit card loans. $4,247,000 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 229 $51,115 $223,210
    Nonfarm, nonresidential loans - <$100k 53 $2,546 $48,038
    Nonfarm, nonresidential loans - $100-250k 78 $9,931 $127,321
    Nonfarm, nonresidential loans - $250k-1MM 98 $38,638 $394,265
    Commercial & Industrial, US addressed loans - <$1MM 321 $13,167 $41,019
    Commercial & Industrial, US addressed loans - <$100k 274 $6,089 $22,223
    Commercial & Industrial, US addressed loans - $100-250k 30 $3,196 $106,533
    Commercial & Industrial, US addressed loans - $250k-1MM 17 $3,882 $228,353
    Farmland loans - <$1MM 260 $32,810 $126,192
    Farmland loans - <$100k 83 $3,407 $41,048
    Farmland loans - $100-250k 123 $14,994 $121,902
    Farmland loans - $250k-1MM 54 $14,409 $266,833
    Agriculture operations loans - <$1MM 517 $11,128 $21,524
    Agriculture operations loans - <$100k 500 $8,605 $17,210
    Agriculture operations loans - $100-250k 13 $1,342 $103,231
    Agriculture operations loans - $250k-1MM 4 $1,181 $295,250