North Dallas Bank & Trust Co. Mortgage Rates, Fees & Info
Dallas, TXLEI: FYRC3KHM4DQBX5PWG390
Tax ID: 75-1051036
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Mortgage Data
Bank Data
Review & Overview
North Dallas Bank & Trust Co. is a smaller bank specializing in Home Purchase and Home Improvement loans. North Dallas Bank & Trust Co. has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Athens, Breckenridge, Crestview, and Sacramento among others. We have data for 12 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.
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Originations
124Origination Dollar Volume (All Markets)
$72,650,000Employee count
154Top 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) | 109 | $64,225,000 | $589,220 | $0 | 0.00% |
| Athens, TX (FHA|USDA|VA) | 4 | $2,570,000 | $642,500 | $0 | 0.00% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $1,465,000 | $1,465,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $940,000 | $470,000 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $935,000 | $935,000 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $0 | 0.00% |
| TYLER, TX (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 0.00% |
| Heber, UT (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| Bonham, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| Duncan, OK (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 124 | $72,650,000 | $585,887 | $0 | 0.00% |
For 2019, North Dallas Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 124 originations.
Loan Reason
For 2019, North Dallas Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 84 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 | 124 | $72,650,000 | $585,887 | $0 | 0.00% |
For 2019, North Dallas Bank & Trust Co.'s most frequently cited loan duration was Other, with 124 originations.
Loan Sizing
2019 saw North Dallas Bank & Trust Co. place emphasis on $200k-400k loans with 31 originations, totaling $9,205,000 in origination value.
Applicant Income
North Dallas Bank & Trust Co. lent most frequently to those with incomes in the $250k+ range, with 53 originations. The second most popular income band? $150k-250k, with 21 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 124 | $72,650,000 | $585,887 | $0 | 0.00% |
North Dallas Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 124 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.07%
North Dallas Bank & Trust Co. has an average approval rate.
Pick Rate
Approvals leading to origination64.52%
North Dallas Bank & Trust Co. has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 124 | $72,650,000 | $585,887 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 1 | $12,775,000 | $12,775,000 |
| Single Family (1-4 Units):Site-Built | 123 | $59,875,000 | $486,789 |
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 | $595,222 |
| North Dallas Bank & Trust Co. | 3900 Preston Road Plano, TX 75093 | Full Service B&M | $199,625 |
| North Dallas Bank & Trust Co. | 5150 Keller Springs Road Dallas, TX 75248 | Full Service B&M | $123,033 |
| North Dallas Bank & Trust Co. | 7359 Preston Road Frisco, TX 75034 | Full Service B&M | $72,023 |
| North Dallas Bank & Trust Co. | 7660 North Macarthur Boulevard Irving, TX 75063 | Full Service B&M | $128,329 |
For 2019, North Dallas Bank & Trust Co. had 6 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $40,411 |
| Net interest income | $33,532 |
| Total noninterest income | $4,131 |
| Gross Fiduciary activities income | $1,836 |
| Service charges on deposit accounts | $840 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $1,455 |
| Pre-tax net operating income | $11,480 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $9,178 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $9,178 |
| Minority interest net income | $0 |
| Net income | $9,178 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $9,178 |
North Dallas Bank & Trust Co.'s gross interest income from loans was $40,411,000.
North Dallas Bank & Trust Co.'s net interest income from loans was $33,532,000.
North Dallas Bank & Trust Co.'s fee based income from loans was $840,000.
North Dallas Bank & Trust Co.'s net income from loans was $9,178,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $6,879 |
| Provision for credit losses | $75 |
| Total noninterest expense | $26,108 |
| Salaries and employee benefits | $17,939 |
| Premises and equipment expense | $1,030 |
| Additional noninterest expense | $7,139 |
| Applicable income taxes | $2,302 |
| Net charge-offs | $-281 |
| Cash dividends | $3,340 |
North Dallas Bank & Trust Co.'s interest expense for loans was $6,879,000.
North Dallas Bank & Trust Co.'s payroll and benefits expense were $17,939,000.
North Dallas Bank & Trust Co.'s property, plant and equipment expenses $1,030,000.
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 | $1,141,514 |
| Deposits held in domestic offices | $1,141,514 |
| Deposits by Individuals, partnerships, and corporations | $1,131,342 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $10,172 |
| 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 | $72,563 |
| Demand deposits | $41,898 |
| Nontransaction accounts | $1,068,951 |
| Money market deposit accounts (MMDAs) | $733,737 |
| Other savings deposits (excluding MMDAs) | $179,808 |
| Total time deposits | $155,406 |
| Total time and savings deposits | $1,099,616 |
| Noninterest-bearing deposits | $319,652 |
| Interest-bearing deposits | $821,862 |
| Retail deposits | $1,076,361 |
| IRAs and Keogh plan accounts | $30,116 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $1,307,762 |
| Cash & Balances due from depository institutions | $156,445 |
| Interest-bearing balances | $140,700 |
| Total securities | $494,772 |
| Federal funds sold & reverse repurchase | $153 |
| Net loans and leases | $634,204 |
| Loan and leases loss allowance | $12,408 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $11,932 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $10,256 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $1,307,762 |
| Total Liabilities | $1,146,377 |
| Total deposits | $1,141,514 |
| Interest-bearing deposits | $821,862 |
| Deposits held in domestic offices | $1,141,514 |
| % insured (estimated) | $57 |
| Federal funds purchased and repurchase agreements | $3,419 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $1,444 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $634,204 |
| Loan and leases loss allowance | $12,408 |
| Total loans and leases (domestic) | $646,612 |
| All real estate loans | $561,104 |
| Real estate loans in domestic offices | $561,104 |
| Construction and development loans | $94,132 |
| Residential 1-4 family construction | $15,826 |
| Other construction, all land development and other land | $78,306 |
| Loans secured by nonfarm nonresidential properties | $214,021 |
| Nonfarm nonresidential secured by owner-occupied properties | $162,933 |
| Commercial real estate & other non-farm, non-residential | $51,088 |
| Multifamily residential real estate | $3,572 |
| 1-4 family residential loans | $247,737 |
| Farmland loans | $1,642 |
| Loans held in foreign offices | $0 |
| Farm loans | $11 |
| Commercial and industrial loans | $49,265 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $7,178 |
| Credit card loans | $0 |
| Related Plans | $617 |
| Consumer Auto Loans | $3,632 |
| Other loans to individuals | $2,929 |
| All other loans & leases | $31,109 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $23,809 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $20,642 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $303 |
| Non 1-4 family restructured loans & leases | $0 |
| Total loans and leases (foreign) | $0 |
North Dallas Bank & Trust Co. had $634,204,000 of loans outstanding in 2019. $561,104,000 of loans were in real estate loans. $94,132,000 of loans were in development loans. $3,572,000 of loans were in multifamily mortgage loans. $247,737,000 of loans were in 1-4 family mortgage loans. $11,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,632,000 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 | 108 | $31,922 | $295,574 |
| Nonfarm, nonresidential loans - <$100k | 5 | $145 | $29,000 |
| Nonfarm, nonresidential loans - $100-250k | 19 | $2,526 | $132,947 |
| Nonfarm, nonresidential loans - $250k-1MM | 84 | $29,251 | $348,226 |
| Commercial & Industrial, US addressed loans - <$1MM | 276 | $27,147 | $98,359 |
| Commercial & Industrial, US addressed loans - <$100k | 136 | $3,139 | $23,081 |
| Commercial & Industrial, US addressed loans - $100-250k | 64 | $5,497 | $85,891 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 76 | $18,511 | $243,566 |
| Farmland loans - <$1MM | 3 | $54 | $18,000 |
| Farmland loans - <$100k | 1 | $20 | $20,000 |
| Farmland loans - $100-250k | 1 | $18 | $18,000 |
| Farmland loans - $250k-1MM | 1 | $16 | $16,000 |
| Agriculture operations loans - <$1MM | 1 | $11 | $11,000 |
| Agriculture operations loans - <$100k | 1 | $11 | $11,000 |