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, North Port, Crestview, Sherman, and San Antonio 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 above 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
153Origination Dollar Volume (All Markets)
$75,945,000Employee count
168Top 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) | 139 | $67,455,000 | $485,288 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $2,945,000 | $2,945,000 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $1,605,000 | $1,605,000 | $0 | 0.00% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $600,000 | $300,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| Mineral Wells, TX (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| JACKSON, TN (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| Ruidoso, NM (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 153 | $75,945,000 | $496,373 | $0 | 0.00% |
For 2021, North Dallas Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 153 originations.
Loan Reason
For 2021, North Dallas Bank & Trust Co.'s most frequently cited loan purpose was Refi, with 65 originations. The 2nd most popular reason was Home Purchase, with 57 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 153 | $75,945,000 | $496,373 | $0 | 0.00% |
For 2021, North Dallas Bank & Trust Co.'s most frequently cited loan duration was Other, with 153 originations.
Loan Sizing
2021 saw North Dallas Bank & Trust Co. place emphasis on $200k-400k loans with 50 originations, totaling $13,990,000 in origination value.
Applicant Income
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 21 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 153 | $75,945,000 | $496,373 | $0 | 0.00% |
North Dallas Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 153 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.45%
North Dallas Bank & Trust Co. has an average approval rate.
Pick Rate
Approvals leading to origination85.62%
North Dallas Bank & Trust Co. has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 153 | $75,945,000 | $496,373 |
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 | $726,607 |
| North Dallas Bank & Trust Co. | 3900 Preston Road Plano, TX 75093 | Full Service B&M | $258,201 |
| North Dallas Bank & Trust Co. | 5150 Keller Springs Road Dallas, TX 75248 | Full Service B&M | $162,903 |
| North Dallas Bank & Trust Co. | 7359 Preston Road Frisco, TX 75034 | Full Service B&M | $95,345 |
| North Dallas Bank & Trust Co. | 7660 North Macarthur Boulevard Irving, TX 75063 | Full Service B&M | $170,658 |
For 2021, North Dallas Bank & Trust Co. had 6 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $37,354 |
| Net interest income | $34,293 |
| Total noninterest income | $5,411 |
| Gross Fiduciary activities income | $2,824 |
| Service charges on deposit accounts | $666 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $1,921 |
| Pre-tax net operating income | $8,906 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $7,112 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $7,112 |
| Minority interest net income | $0 |
| Net income | $7,112 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $7,112 |
North Dallas Bank & Trust Co.'s gross interest income from loans was $37,354,000.
North Dallas Bank & Trust Co.'s net interest income from loans was $34,293,000.
North Dallas Bank & Trust Co.'s fee based income from loans was $666,000.
North Dallas Bank & Trust Co.'s net income from loans was $7,112,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $3,061 |
| Provision for credit losses | $2,200 |
| Total noninterest expense | $28,598 |
| Salaries and employee benefits | $18,890 |
| Premises and equipment expense | $1,206 |
| Additional noninterest expense | $8,502 |
| Applicable income taxes | $1,794 |
| Net charge-offs | $25 |
| Cash dividends | $3,340 |
North Dallas Bank & Trust Co.'s interest expense for loans was $3,061,000.
North Dallas Bank & Trust Co.'s payroll and benefits expense were $18,890,000.
North Dallas Bank & Trust Co.'s property, plant and equipment expenses $1,206,000.
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 | $1,551,923 |
| Deposits held in domestic offices | $1,551,923 |
| Deposits by Individuals, partnerships, and corporations | $1,542,249 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $9,674 |
| 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 | $134,868 |
| Demand deposits | $85,130 |
| Nontransaction accounts | $1,417,055 |
| Money market deposit accounts (MMDAs) | $978,647 |
| Other savings deposits (excluding MMDAs) | $278,847 |
| Total time deposits | $159,561 |
| Total time and savings deposits | $1,466,793 |
| Noninterest-bearing deposits | $475,444 |
| Interest-bearing deposits | $1,076,479 |
| Retail deposits | $1,477,916 |
| IRAs and Keogh plan accounts | $29,706 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $1,725,598 |
| Cash & Balances due from depository institutions | $220,186 |
| Interest-bearing balances | $206,050 |
| Total securities | $604,581 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $856,448 |
| Loan and leases loss allowance | $16,083 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $21,470 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $22,913 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $1,725,598 |
| Total Liabilities | $1,557,890 |
| Total deposits | $1,551,923 |
| Interest-bearing deposits | $1,076,479 |
| Deposits held in domestic offices | $1,551,923 |
| % insured (estimated) | $52 |
| Federal funds purchased and repurchase agreements | $3,809 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $2,158 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $856,448 |
| Loan and leases loss allowance | $16,083 |
| Total loans and leases (domestic) | $872,531 |
| All real estate loans | $796,102 |
| Real estate loans in domestic offices | $796,102 |
| Construction and development loans | $98,354 |
| Residential 1-4 family construction | $18,374 |
| Other construction, all land development and other land | $79,980 |
| Loans secured by nonfarm nonresidential properties | $490,169 |
| Nonfarm nonresidential secured by owner-occupied properties | $241,809 |
| Commercial real estate & other non-farm, non-residential | $248,360 |
| Multifamily residential real estate | $4,130 |
| 1-4 family residential loans | $201,790 |
| Farmland loans | $1,659 |
| Loans held in foreign offices | $0 |
| Farm loans | $7 |
| Commercial and industrial loans | $58,814 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $6,637 |
| Credit card loans | $0 |
| Related Plans | $350 |
| Consumer Auto Loans | $2,269 |
| Other loans to individuals | $4,018 |
| All other loans & leases | $15,547 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $12,296 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $10,142 |
| 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 $856,448,000 of loans outstanding in 2021. $796,102,000 of loans were in real estate loans. $98,354,000 of loans were in development loans. $4,130,000 of loans were in multifamily mortgage loans. $201,790,000 of loans were in 1-4 family mortgage loans. $7,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,269,000 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 | 99 | $27,852 | $281,333 |
| Nonfarm, nonresidential loans - <$100k | 4 | $148 | $37,000 |
| Nonfarm, nonresidential loans - $100-250k | 18 | $2,096 | $116,444 |
| Nonfarm, nonresidential loans - $250k-1MM | 77 | $25,608 | $332,571 |
| Commercial & Industrial, US addressed loans - <$1MM | 450 | $40,775 | $90,611 |
| Commercial & Industrial, US addressed loans - <$100k | 282 | $7,994 | $28,348 |
| Commercial & Industrial, US addressed loans - $100-250k | 75 | $7,453 | $99,373 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 93 | $25,328 | $272,344 |
| Farmland loans - <$1MM | 4 | $689 | $172,250 |
| Farmland loans - <$100k | 1 | $8 | $8,000 |
| Farmland loans - $100-250k | 2 | $359 | $179,500 |
| Farmland loans - $250k-1MM | 1 | $322 | $322,000 |
| Agriculture operations loans - <$1MM | 1 | $7 | $7,000 |
| Agriculture operations loans - <$100k | 1 | $7 | $7,000 |