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 Refi and Home Purchase loans. North Dallas Bank & Trust Co. has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Austin, Athens, Crestview, and Sherman among others. We have data for 18 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
180Origination Dollar Volume (All Markets)
$84,850,000Employee count
158Top 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) | 147 | $69,985,000 | $476,088 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $2,300,000 | $1,150,000 | $0 | 0.00% |
| Athens, TX (FHA|USDA|VA) | 5 | $2,215,000 | $443,000 | $0 | 0.00% |
| Outside of Metro Areas | 6 | $2,090,000 | $348,333 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $2,080,000 | $1,040,000 | $0 | 0.00% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 4 | $1,310,000 | $327,500 | $0 | 0.00% |
| Gainesville, TX (FHA|USDA|VA) | 2 | $970,000 | $485,000 | $0 | 0.00% |
| SANTA FE, NM (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $785,000 | $785,000 | $0 | 0.00% |
| Cullowhee, NC (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 0.00% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| TYLER, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| Edwards, CO (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Stephenville, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 180 | $84,850,000 | $471,389 | $0 | 0.00% |
For 2020, North Dallas Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 180 originations.
Loan Reason
For 2020, North Dallas Bank & Trust Co.'s most frequently cited loan purpose was Refi, with 77 originations. The 2nd most popular reason was Home Purchase, with 64 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 180 | $84,850,000 | $471,389 | $0 | 0.00% |
For 2020, North Dallas Bank & Trust Co.'s most frequently cited loan duration was Other, with 180 originations.
Loan Sizing
2020 saw North Dallas Bank & Trust Co. place emphasis on $200k-400k loans with 64 originations, totaling $18,900,000 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 33 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 180 | $84,850,000 | $471,389 | $0 | 0.00% |
North Dallas Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 180 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.55%
North Dallas Bank & Trust Co. has an average approval rate.
Pick Rate
Approvals leading to origination75.00%
North Dallas Bank & Trust Co. has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 180 | $84,850,000 | $471,389 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 1 | $135,000 | $135,000 |
| Single Family (1-4 Units):Site-Built | 179 | $84,715,000 | $473,268 |
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 | $673,905 |
| North Dallas Bank & Trust Co. | 3900 Preston Road Plano, TX 75093 | Full Service B&M | $240,643 |
| North Dallas Bank & Trust Co. | 5150 Keller Springs Road Dallas, TX 75248 | Full Service B&M | $140,484 |
| North Dallas Bank & Trust Co. | 7359 Preston Road Frisco, TX 75034 | Full Service B&M | $87,430 |
| North Dallas Bank & Trust Co. | 7660 North Macarthur Boulevard Irving, TX 75063 | Full Service B&M | $139,219 |
For 2020, North Dallas Bank & Trust Co. had 6 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $38,533 |
| Net interest income | $33,859 |
| Total noninterest income | $6,209 |
| Gross Fiduciary activities income | $2,376 |
| Service charges on deposit accounts | $696 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $3,137 |
| Pre-tax net operating income | $10,732 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $8,578 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $8,578 |
| Minority interest net income | $0 |
| Net income | $8,578 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $8,578 |
North Dallas Bank & Trust Co.'s gross interest income from loans was $38,533,000.
North Dallas Bank & Trust Co.'s net interest income from loans was $33,859,000.
North Dallas Bank & Trust Co.'s fee based income from loans was $696,000.
North Dallas Bank & Trust Co.'s net income from loans was $8,578,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $4,674 |
| Provision for credit losses | $1,698 |
| Total noninterest expense | $27,638 |
| Salaries and employee benefits | $19,261 |
| Premises and equipment expense | $718 |
| Additional noninterest expense | $7,659 |
| Applicable income taxes | $2,154 |
| Net charge-offs | $198 |
| Cash dividends | $3,340 |
North Dallas Bank & Trust Co.'s interest expense for loans was $4,674,000.
North Dallas Bank & Trust Co.'s payroll and benefits expense were $19,261,000.
North Dallas Bank & Trust Co.'s property, plant and equipment expenses $718,000.
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 | $1,302,824 |
| Deposits held in domestic offices | $1,302,824 |
| Deposits by Individuals, partnerships, and corporations | $1,293,701 |
| Deposits by U.S. Government | $2 |
| Deposits by States and political subdivisions in the U.S. | $9,121 |
| 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 | $96,688 |
| Demand deposits | $63,614 |
| Nontransaction accounts | $1,206,136 |
| Money market deposit accounts (MMDAs) | $812,264 |
| Other savings deposits (excluding MMDAs) | $242,499 |
| Total time deposits | $151,373 |
| Total time and savings deposits | $1,239,210 |
| Noninterest-bearing deposits | $394,055 |
| Interest-bearing deposits | $908,769 |
| Retail deposits | $1,238,533 |
| IRAs and Keogh plan accounts | $29,355 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $1,477,860 |
| Cash & Balances due from depository institutions | $293,872 |
| Interest-bearing balances | $278,841 |
| Total securities | $485,376 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $675,734 |
| Loan and leases loss allowance | $13,908 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $12,296 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $10,582 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $1,477,860 |
| Total Liabilities | $1,308,134 |
| Total deposits | $1,302,824 |
| Interest-bearing deposits | $908,769 |
| Deposits held in domestic offices | $1,302,824 |
| % insured (estimated) | $56 |
| Federal funds purchased and repurchase agreements | $3,429 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $1,881 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $675,734 |
| Loan and leases loss allowance | $13,908 |
| Total loans and leases (domestic) | $689,642 |
| All real estate loans | $576,183 |
| Real estate loans in domestic offices | $576,183 |
| Construction and development loans | $104,962 |
| Residential 1-4 family construction | $15,237 |
| Other construction, all land development and other land | $89,725 |
| Loans secured by nonfarm nonresidential properties | $237,763 |
| Nonfarm nonresidential secured by owner-occupied properties | $172,406 |
| Commercial real estate & other non-farm, non-residential | $65,357 |
| Multifamily residential real estate | $1,788 |
| 1-4 family residential loans | $230,490 |
| Farmland loans | $1,180 |
| Loans held in foreign offices | $0 |
| Farm loans | $16 |
| Commercial and industrial loans | $82,574 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $7,051 |
| Credit card loans | $0 |
| Related Plans | $472 |
| Consumer Auto Loans | $3,127 |
| Other loans to individuals | $3,452 |
| All other loans & leases | $26,904 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $21,546 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $19,661 |
| 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 $675,734,000 of loans outstanding in 2020. $576,183,000 of loans were in real estate loans. $104,962,000 of loans were in development loans. $1,788,000 of loans were in multifamily mortgage loans. $230,490,000 of loans were in 1-4 family mortgage loans. $16,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,127,000 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 | 102 | $29,788 | $292,039 |
| Nonfarm, nonresidential loans - <$100k | 3 | $98 | $32,667 |
| Nonfarm, nonresidential loans - $100-250k | 15 | $1,789 | $119,267 |
| Nonfarm, nonresidential loans - $250k-1MM | 84 | $27,901 | $332,155 |
| Commercial & Industrial, US addressed loans - <$1MM | 729 | $58,264 | $79,923 |
| Commercial & Industrial, US addressed loans - <$100k | 499 | $14,038 | $28,132 |
| Commercial & Industrial, US addressed loans - $100-250k | 127 | $14,121 | $111,189 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 103 | $30,105 | $292,282 |
| Farmland loans - <$1MM | 1 | $14 | $14,000 |
| Farmland loans - <$100k | 1 | $14 | $14,000 |
| Agriculture operations loans - <$1MM | 2 | $16 | $8,000 |
| Agriculture operations loans - <$100k | 2 | $16 | $8,000 |