Bth Bank Mortgage Rates, Fees & Info

Quitman, TX

LEI: 549300U852CO3ZPGIE54

Tax ID: 75-0510713

5 stars - out of 5 stars, based on 17 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Bth Bank is a smaller bank specializing in Home Purchase loans. Bth Bank has a high proportion of conventional loans. Their top markets include Dallas, Longview, Tyler, Glenwood Springs, and Austin among others. Bth Bank has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Bth Bank is typically an average fee lendor.


Originations

303

Origination Dollar Volume (All Markets)

$106,215,000

Employee count

118

Awards

BTH Bank 30 Year Conventional Loans silver BTH Bank 30 Year Conventional Loans silver BTH Bank 30 Year Conventional Loans gold BTH Bank 30 Year Conventional Loans gold
Show all (4) awards

Relative Rate

Bth Bank's average 30 year fixed rate mortgage of loans were 3.11%.

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

This yields a difference of -0.04%.

Relative Fees

Bth Bank's average total fees for a 30 year fixed rate mortgage are $3,809.

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) 100 $49,480,000 $494,800 $5,147 3.72%
LONGVIEW, TX (FHA|USDA|VA) 77 $19,825,000 $257,468 $3,455 3.11%
TYLER, TX (FHA|USDA|VA) 51 $15,285,000 $299,706 $3,487 3.32%
Outside of Metro Areas 40 $8,320,000 $208,000 $3,166 3.16%
Glenwood Springs, CO (FHA|USDA|VA) 2 $3,830,000 $1,915,000 $0 3.75%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 4 $1,850,000 $462,500 $5,344 3.16%
CORPUS CHRISTI, TX (FHA|USDA|VA) 3 $1,195,000 $398,333 $7,425 4.25%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 2 $870,000 $435,000 $4,417 3.44%
Athens, TX (FHA|USDA|VA) 4 $680,000 $170,000 $3,433 4.03%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $645,000 $645,000 $3,322 3.38%
Jacksonville, TX (FHA|USDA|VA) 3 $635,000 $211,667 $3,688 3.46%
McAlester, OK (FHA|USDA|VA) 1 $605,000 $605,000 $0 3.50%
SAN ANGELO, TX (FHA|USDA|VA) 4 $530,000 $132,500 $0 3.75%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $505,000 $168,333 $2,141 3.92%
MIDLAND, TX (FHA|USDA|VA) 1 $425,000 $425,000 $5,714 3.25%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $405,000 $405,000 $0 4.25%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $325,000 $325,000 $7,151 3.13%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $235,000 $235,000 $3,323 2.75%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $225,000 $225,000 $0 4.25%
Ruston, LA (FHA|USDA|VA) 1 $185,000 $185,000 $3,458 3.75%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.75%
Sulphur Springs, TX (FHA|USDA|VA) 1 $45,000 $45,000 $2,780 2.50%

Bth Bank's top markets include Dallas, Longview, Tyler, Glenwood Springs, and Austin among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 303 $106,215,000 $350,545 $3,945 3.42%

For the 2021 period, Bth Bank's most frequently originated loan type of loans were Conventional, with 303 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 190 $74,890,000 $394,158 $4,269 3.51%
Refi 63 $18,265,000 $289,921 $3,460 3.03%
Home Improvement 21 $4,135,000 $196,905 $1,549 4.23%
Cash Out Refi 19 $4,165,000 $219,211 $3,767 2.95%
Other 10 $4,760,000 $476,000 $4,769 3.33%

For the 2021, Bth Bank's most frequently cited loan purpose of loans were Home Purchase, with 190 originations. The 2nd most popular reason of loans were Refi, with 63 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
Other 129 $58,625,000 $454,457 $4,622 3.78%
30 Year 99 $30,125,000 $304,293 $3,809 3.11%
15 Year 34 $8,200,000 $241,176 $3,488 2.58%
1 Year 17 $3,085,000 $181,471 $3,072 4.49%
20 Year 10 $2,940,000 $294,000 $3,448 2.91%
10 Year 9 $2,255,000 $250,556 $3,335 3.14%
5 Year 4 $970,000 $242,500 $1,746 3.63%
3 Year 1 $15,000 $15,000 $200 3.38%

For the 2021, Bth Bank's most frequently cited loan length of loans were Other, with 129 originations. The 2nd most popular length of loans were 30 Year, with 99 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 184 $73,580,000 $399,891
$<1k 35 $8,065,000 $230,429
$2k-3k 1 $625,000 $625,000

$3,809 of loans were Bth Bank's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 184 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 146 $61,880,000 $423,836
2.5-3% 69 $23,345,000 $338,333
4-5% 54 $12,370,000 $229,074
<2.5% 31 $7,435,000 $239,839
5-6% 3 $1,185,000 $395,000

During 2021, Bth Bank's average interest rate of loans were 3.11%, while their most frequently originated rate bucket of loans were 3-4%, with 146 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 98 $14,650,000 $149,490 $2,819 3.62%
$200k-400k 97 $28,355,000 $292,320 $3,674 3.23%
$400k-600k 39 $19,125,000 $490,385 $4,491 3.14%
$600k-1MM 31 $23,705,000 $764,677 $6,334 3.56%
$100,000 or less 25 $1,605,000 $64,200 $1,911 3.64%
$1MM+ 13 $18,775,000 $1,444,231 $8,244 3.43%

2021 saw Bth Bank place emphasis on $100k-200k loans with 98 originations, totaling $14,650,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$250k+ 72 $42,150,000 $585,417 $4,920 3.25%
$100k-150k 57 $13,805,000 $242,193 $3,453 3.17%
$150k-250k 45 $15,385,000 $341,889 $3,734 3.06%
$75k-100k 19 $3,475,000 $182,895 $3,194 3.14%
$50k or less 18 $1,740,000 $96,667 $2,557 3.10%
$50k-75k 17 $2,755,000 $162,059 $3,168 3.14%

Bth Bank lent most frequently to those with incomes in the $250k+ range, with 72 originations. The second most popular income band? $100k-150k, with 57 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 72 $25,170,000 $349,583 $3,880 3.14%
<20% 50 $14,930,000 $298,600 $3,612 3.14%
30-36% 49 $16,865,000 $344,184 $3,753 3.11%
50-60% 8 $6,720,000 $840,000 $4,609 3.47%
37% 8 $2,300,000 $287,500 $4,735 3.16%
38% 8 $2,880,000 $360,000 $4,751 3.34%
39% 6 $2,130,000 $355,000 $4,624 3.33%
36% 6 $1,930,000 $321,667 $4,180 3.54%
40% 4 $1,420,000 $355,000 $3,522 3.22%
42% 4 $1,010,000 $252,500 $2,240 2.84%
43% 4 $1,400,000 $350,000 $3,548 3.00%
44% 4 $690,000 $172,500 $3,385 3.22%
48% 4 $2,370,000 $592,500 $6,415 3.63%
41% 3 $1,015,000 $338,333 $3,361 3.13%
46% 2 $740,000 $370,000 $4,265 2.63%
45% 1 $65,000 $65,000 $2,439 3.63%
>60% 1 $375,000 $375,000 $5,064 3.38%

Bth Bank lent most frequently to those with DTI ratios of 20-30%, with 72 originations. The next most common DTI ratio? <20%, with 50 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 201 $69,245,000 $344,502 $3,881 3.16%
Not applicable 68 $25,270,000 $371,618 $8,104 4.26%
Not provided 21 $5,975,000 $284,524 $3,209 3.43%
Asian 8 $4,540,000 $567,500 $5,855 2.88%
American Indian 2 $500,000 $250,000 $3,041 3.31%
Other Asian 1 $325,000 $325,000 $400 3.00%
Black 1 $185,000 $185,000 $3,470 2.50%
Native Hawaiian 1 $175,000 $175,000 $250 3.25%

Approval Rates

Total approvals of all applications
95.02%

Bth Bank 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
85.93%

Bth Bank has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 303 $106,215,000 $350,545

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
303 $106,215,000 $350,545

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 29 $6,885,000 $237,414 $2,246 3.19%
40-60% 28 $7,130,000 $254,643 $3,635 3.09%
60-80% 156 $59,340,000 $380,385 $4,125 3.45%
80-100% 81 $29,975,000 $370,062 $4,854 3.54%
Over 100% 1 $1,405,000 $1,405,000 $10,869 3.00%
Under 20% 8 $1,480,000 $185,000 $594 3.61%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Bth Bank, National Association 1580 Us 79 S Henderson, TX 75654 Full Service B&M $25,710
Bth Bank, National Association 1801 Preston Rd, Suite C Plano, TX 75093 Full Service B&M $243,385
Bth Bank, National Association 1825 North Pacific Street Mineola, TX 75773 Full Service B&M $80,572
Bth Bank, National Association 205 N Kilgore Kilgore, TX 75662 Full Service Retail $24,293
Bth Bank, National Association 2365 South Fm 2869 Hawkins, TX 75765 Full Service B&M $59,344
Bth Bank, National Association 2550 Eldorado Pkwy Mckinney, TX 75070 Full Service B&M $11,867
Bth Bank, National Association 3222 South Main, Building A Lindale, TX 75771 Full Service B&M $54,053
Bth Bank, National Association 3805 North Spur 63 Longview, TX 75605 Full Service B&M $284,584
Bth Bank, National Association 412 East Goode Street Quitman, TX 75783 Full Service B&M $211,407
Bth Bank, National Association 5001 El Campo Ave., Suite 400 Fort Worth, TX 76107 Full Service B&M $39,758
Bth Bank, National Association 606 W Panola Carthage, TX 75633 Full Service B&M $65,783
Bth Bank, National Association 6657 Old Jacksonville Hwy Tyler, TX 75703 Full Service B&M $202,498
Bth Bank, National Association 6925 Preston Rd Dallas, TX 75205 Full Service B&M $380,002

For 2021, Bth Bank had 13 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $64,765
Net interest income $57,216
Total noninterest income $3,698
Gross Fiduciary activities income $0
Service charges on deposit accounts $1,177
Trading account gains and fees $0
Additional Noninterest Income $2,521
Pre-tax net operating income $31,058
Securities gains (or losses, -) $0
Income before extraordinary items $25,535
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $25,535
Minority interest net income $0
Net income $25,535
Sale, conversion, retirement of capital stock, net $0
Net operating income $25,535

Bth Bank's gross interest income from loans was $64,765,000.
Bth Bank's net interest income from loans was $57,216,000.
Bth Bank's fee based income from loans was $1,177,000.
Bth Bank's net income from loans was $25,535,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $7,549
Provision for credit losses $6,225
Total noninterest expense $23,631
Salaries and employee benefits $12,762
Premises and equipment expense $3,811
Additional noninterest expense $7,058
Applicable income taxes $5,523
Net charge-offs $10,092
Cash dividends $24,810

Bth Bank's interest expense for loans was $7,549,000.
Bth Bank's payroll and benefits expense were $12,762,000.
Bth Bank's property, plant and equipment expenses $3,811,000.

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 1.0%
Multifamily residential loans 0.0%
1-4 family residential loans 0.0%
HELOC loans 0.0%
All other family 0.0%
Commercial & industrial loans 1.0%
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 $1,728,212
Deposits held in domestic offices $1,728,212
Deposits by Individuals, partnerships, and corporations $1,506,928
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $217,566
Deposits by Commercial banks and other depository institutions in U.S. $3,718
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $124,715
Demand deposits $67,218
Nontransaction accounts $1,603,497
Money market deposit accounts (MMDAs) $713,156
Other savings deposits (excluding MMDAs) $483,234
Total time deposits $407,108
Total time and savings deposits $1,660,994
Noninterest-bearing deposits $370,892
Interest-bearing deposits $1,357,320
Retail deposits $1,567,592
IRAs and Keogh plan accounts $42,677
Brokered deposits $0
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $1,988,688
Cash & Balances due from depository institutions $260,620
Interest-bearing balances $244,813
Total securities $457,980
Federal funds sold & reverse repurchase $0
Net loans and leases $1,234,278
Loan and leases loss allowance $17,194
Trading account assets $0
Bank premises and fixed assets $17,198
Other real estate owned $200
Goodwill and other intangibles $709
All other assets $17,703

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $1,988,688
Total Liabilities $1,737,008
Total deposits $1,728,212
Interest-bearing deposits $1,357,320
Deposits held in domestic offices $1,728,212
% insured (estimated) $47
Federal funds purchased and repurchase agreements $4,419
Trading liabilities $0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $4,377

Issued Loan Types

Type Value (in 000's)
Net loans and leases $1,234,278
Loan and leases loss allowance $17,194
Total loans and leases (domestic) $1,251,472
All real estate loans $638,262
Real estate loans in domestic offices $638,262
Construction and development loans $111,110
Residential 1-4 family construction $53,592
Other construction, all land development and other land $57,518
Loans secured by nonfarm nonresidential properties $229,712
Nonfarm nonresidential secured by owner-occupied properties $144,899
Commercial real estate & other non-farm, non-residential $84,813
Multifamily residential real estate $18,331
1-4 family residential loans $270,892
Farmland loans $8,217
Loans held in foreign offices $0
Farm loans $491
Commercial and industrial loans $604,054
To non-U.S. addressees $0
Loans to individuals $11,763
Credit card loans $0
Related Plans $3,953
Consumer Auto Loans $929
Other loans to individuals $6,881
All other loans & leases $0
Loans to foreign governments and official institutions $0
Other loans $0
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

BTH Bank had $1,234,278,000 of loans outstanding in 2021. $638,262,000 of loans were in real estate loans. $111,110,000 of loans were in development loans. $18,331,000 of loans were in multifamily mortgage loans. $270,892,000 of loans were in 1-4 family mortgage loans. $491,000 of loans were in farm loans. $0 of loans were in credit card loans. $929,000 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 166 $52,369 $315,476
Nonfarm, nonresidential loans - <$100k 10 $543 $54,300
Nonfarm, nonresidential loans - $100-250k 52 $6,406 $123,192
Nonfarm, nonresidential loans - $250k-1MM 104 $45,420 $436,731
Commercial & Industrial, US addressed loans - <$1MM 704 $111,012 $157,688
Commercial & Industrial, US addressed loans - <$100k 265 $7,345 $27,717
Commercial & Industrial, US addressed loans - $100-250k 185 $20,224 $109,319
Commercial & Industrial, US addressed loans - $250k-1MM 254 $83,443 $328,516
Farmland loans - <$1MM 28 $2,218 $79,214
Farmland loans - <$100k 17 $461 $27,118
Farmland loans - $100-250k 7 $711 $101,571
Farmland loans - $250k-1MM 4 $1,046 $261,500
Agriculture operations loans - <$1MM 6 $102 $17,000
Agriculture operations loans - <$100k 6 $102 $17,000