North Dallas Bank & Trust Co. Mortgage Rates, Fees & Info

Dallas, TX

LEI: FYRC3KHM4DQBX5PWG390

Tax ID: 75-1051036

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

Review & Overview

North Dallas Bank & Trust Co. is a smaller bank specializing in Home Purchase loans. North Dallas Bank & Trust Co. has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Gainesville, Tyler, Sherman, and Athens among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)

North Dallas Bank & Trust Co. 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.

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

143

Origination Dollar Volume (All Markets)

$62,315,000

Employee count

156

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)	128	$56,350,000	$440,234	$0	0.00%
Gainesville, TX (FHA\|USDA\|VA)	2	$1,090,000	$545,000	$0	0.00%
TYLER, TX (FHA\|USDA\|VA)	1	$955,000	$955,000	$0	0.00%
SHERMAN-DENISON, TX (FHA\|USDA\|VA)	1	$955,000	$955,000	$0	0.00%
Athens, TX (FHA\|USDA\|VA)	3	$895,000	$298,333	$0	0.00%
DENVER-AURORA-LAKEWOOD, CO (FHA\|USDA\|VA)	1	$485,000	$485,000	$0	0.00%
Mineral Wells, TX (FHA\|USDA\|VA)	1	$355,000	$355,000	$0	0.00%
NEW ORLEANS-METAIRIE, LA (FHA\|USDA\|VA)	1	$305,000	$305,000	$0	0.00%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA\|USDA\|VA)	1	$275,000	$275,000	$0	0.00%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA\|USDA\|VA)	1	$265,000	$265,000	$0	0.00%
Outside of Metro Areas	1	$225,000	$225,000	$0	0.00%
COLLEGE STATION-BRYAN, TX (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	0.00%
SIOUX CITY, IA-NE-SD (FHA\|USDA\|VA)	1	$35,000	$35,000	$0	0.00%

North Dallas Bank & Trust Co.'s top markets include Dallas, Gainesville, Tyler, Sherman, and Athens among others.

Their top states include:

Texas (FHA|USDA|VA)

Florida (FHA|USDA|VA)

Colorado (FHA|USDA|VA)

Louisiana (FHA|USDA|VA)

Nebraska (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	143	$62,315,000	$435,769	$0	0.00%

For 2018, North Dallas Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 143 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	100	$52,950,000	$529,500	$0	0.00%
Refi	19	$6,275,000	$330,263	$0	0.00%
Home Improvement	11	$1,095,000	$99,545	$0	0.00%
Cash Out Refi	7	$1,325,000	$189,286	$0	0.00%
Other	6	$670,000	$111,667	$0	0.00%

For 2018, North Dallas Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 100 originations. The 2nd most popular reason was Refi, with 19 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	143	$62,315,000	$435,769	$0	0.00%

For 2018, North Dallas Bank & Trust Co.'s most frequently cited loan duration was Other, with 143 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	36	$9,980,000	$277,222	$0	0.00%
$100k-200k	33	$4,645,000	$140,758	$0	0.00%
$100,000 or less	22	$1,210,000	$55,000	$0	0.00%
$400k-600k	18	$8,800,000	$488,889	$0	0.00%
$600k-1MM	18	$14,200,000	$788,889	$0	0.00%
$1MM+	16	$23,480,000	$1,467,500	$0	0.00%

2018 saw North Dallas Bank & Trust Co. place emphasis on $200k-400k loans with 36 originations, totaling $9,980,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$250k+	51	$30,175,000	$591,667	$0	0.00%
$150k-250k	17	$6,735,000	$396,176	$0	0.00%
$75k-100k	17	$2,195,000	$129,118	$0	0.00%
$50k-75k	9	$1,285,000	$142,778	$0	0.00%
$100k-150k	7	$1,445,000	$206,429	$0	0.00%
$50k or less	7	$1,325,000	$189,286	$0	0.00%

North Dallas Bank & Trust Co. lent most frequently to those with incomes in the $250k+ range, with 51 originations. The second most popular income band? $150k-250k, with 17 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	143	$62,315,000	$435,769	$0	0.00%

North Dallas Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 143 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	79	$31,245,000	$395,506	$0	0.00%
Not applicable	31	$15,655,000	$505,000	$0	0.00%
Not provided	30	$14,850,000	$495,000	$0	0.00%
Black	2	$290,000	$145,000	$0	0.00%
Asian	1	$275,000	$275,000	$0	0.00%

Approval Rates

Total approvals of all applications
85.91%

North Dallas Bank & Trust Co. has an average approval rate.

Pick Rate

Approvals leading to origination
74.13%

North Dallas Bank & Trust Co. has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	143	$62,315,000	$435,769

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Multifamily:Site-Built	3	$7,865,000	$2,621,667
Single Family (1-4 Units):Site-Built	140	$54,450,000	$388,929

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
North Dallas Bank & Trust Co.	12900 Preston Road Dallas, TX 75230	Limited, Mobile/Seasonal Office	$0
North Dallas Bank & Trust Co.	12900 Preston Road Dallas, TX 75230	Full Service B&M	$638,165
North Dallas Bank & Trust Co.	3900 Preston Road Plano, TX 75093	Full Service B&M	$210,717
North Dallas Bank & Trust Co.	5150 Keller Springs Road Dallas, TX 75248	Full Service B&M	$117,745
North Dallas Bank & Trust Co.	7359 Preston Road Frisco, TX 75034	Full Service B&M	$79,349
North Dallas Bank & Trust Co.	7660 North Macarthur Boulevard Irving, TX 75063	Full Service B&M	$142,275

For 2018, North Dallas Bank & Trust Co. had 6 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$39,541
Net interest income	$35,510
Total noninterest income	$4,174
Gross Fiduciary activities income	$1,649
Service charges on deposit accounts	$878
Trading account gains and fees	$0
Additional Noninterest Income	$1,647
Pre-tax net operating income	$15,151
Securities gains (or losses, -)	$0
Income before extraordinary items	$12,234
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$12,234
Minority interest net income	$0
Net income	$12,234
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$12,234

North Dallas Bank & Trust Co.'s gross interest income from loans was $39,541,000.
North Dallas Bank & Trust Co.'s net interest income from loans was $35,510,000.
North Dallas Bank & Trust Co.'s fee based income from loans was $878,000.
North Dallas Bank & Trust Co.'s net income from loans was $12,234,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$4,031
Provision for credit losses	$125
Total noninterest expense	$24,408
Salaries and employee benefits	$16,515
Premises and equipment expense	$1,101
Additional noninterest expense	$6,792
Applicable income taxes	$2,917
Net charge-offs	$-459
Cash dividends	$3,314

North Dallas Bank & Trust Co.'s interest expense for loans was $4,031,000.
North Dallas Bank & Trust Co.'s payroll and benefits expense were $16,515,000.
North Dallas Bank & Trust Co.'s property, plant and equipment expenses $1,101,000.

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	$1,147,410
Deposits held in domestic offices	$1,147,410
Deposits by Individuals, partnerships, and corporations	$1,136,430
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$10,980
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	$521,995
Demand deposits	$333,564
Nontransaction accounts	$625,415
Money market deposit accounts (MMDAs)	$280,662
Other savings deposits (excluding MMDAs)	$193,894
Total time deposits	$150,859
Total time and savings deposits	$813,846
Noninterest-bearing deposits	$333,564
Interest-bearing deposits	$813,846
Retail deposits	$1,091,456
IRAs and Keogh plan accounts	$30,533
Brokered deposits	$0
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$1,303,979
Cash & Balances due from depository institutions	$152,276
Interest-bearing balances	$139,092
Total securities	$491,088
Federal funds sold & reverse repurchase	$5,068
Net loans and leases	$633,130
Loan and leases loss allowance	$12,052
Trading account assets	$0
Bank premises and fixed assets	$11,149
Other real estate owned	$0
Goodwill and other intangibles	$0
All other assets	$11,268

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$1,303,979
Total Liabilities	$1,152,640
Total deposits	$1,147,410
Interest-bearing deposits	$813,846
Deposits held in domestic offices	$1,147,410
% insured (estimated)	$62
Federal funds purchased and repurchase agreements	$3,854
Trading liabilities	$0
Other borrowed funds	$0
Subordinated debt	$0
All other liabilities	$1,376

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$633,130
Loan and leases loss allowance	$12,052
Total loans and leases (domestic)	$645,182
All real estate loans	$546,820
Real estate loans in domestic offices	$546,820
Construction and development loans	$94,014
Residential 1-4 family construction	$25,467
Other construction, all land development and other land	$68,547
Loans secured by nonfarm nonresidential properties	$201,568
Nonfarm nonresidential secured by owner-occupied properties	$154,829
Commercial real estate & other non-farm, non-residential	$46,739
Multifamily residential real estate	$3,643
1-4 family residential loans	$244,944
Farmland loans	$2,651
Loans held in foreign offices	$0
Farm loans	$0
Commercial and industrial loans	$60,720
To non-U.S. addressees	$0
Loans to individuals	$8,059
Credit card loans	$0
Related Plans	$725
Consumer Auto Loans	$4,291
Other loans to individuals	$3,043
All other loans & leases	$31,490
Loans to foreign governments and official institutions	$0
Other loans	$23,342
Loans to depository institutions and acceptances of other banks	$0
Loans not secured by real estate	$20,950
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

North Dallas Bank & Trust Co. had $633,130,000 of loans outstanding in 2018. $546,820,000 of loans were in real estate loans. $94,014,000 of loans were in development loans. $3,643,000 of loans were in multifamily mortgage loans. $244,944,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $4,291,000 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	113	$33,992	$300,814
Nonfarm, nonresidential loans - <$100k	5	$239	$47,800
Nonfarm, nonresidential loans - $100-250k	20	$2,634	$131,700
Nonfarm, nonresidential loans - $250k-1MM	88	$31,119	$353,625
Commercial & Industrial, US addressed loans - <$1MM	304	$36,536	$120,184
Commercial & Industrial, US addressed loans - <$100k	148	$3,565	$24,088
Commercial & Industrial, US addressed loans - $100-250k	65	$5,463	$84,046
Commercial & Industrial, US addressed loans - $250k-1MM	91	$27,508	$302,286
Farmland loans - <$1MM	4	$164	$41,000
Farmland loans - <$100k	1	$26	$26,000
Farmland loans - $100-250k	2	$107	$53,500
Farmland loans - $250k-1MM	1	$31	$31,000