Broadway National Bank Mortgage Rates, Fees & Info
San Antonio, TXLEI: RA4FKR1AA05ZK88M8034
Tax ID: 74-0526885
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Mortgage Data
Bank Data
Review & Overview
Broadway National Bank is a smaller bank specializing in Home Purchase loans. Broadway National Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: San Antonio, Austin, Dallas, Heber, and Corpus Christi among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)Broadway National Bank 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
284Origination Dollar Volume (All Markets)
$124,240,000Employee count
642Top 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 |
|---|---|---|---|---|---|
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 187 | $69,455,000 | $371,417 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 64 | $40,180,000 | $627,813 | $0 | 0.00% |
| Outside of Metro Areas | 7 | $3,085,000 | $440,714 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 3 | $2,275,000 | $758,333 | $0 | 0.00% |
| Heber, UT (FHA|USDA|VA) | 1 | $2,205,000 | $2,205,000 | $0 | 0.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 5 | $1,735,000 | $347,000 | $0 | 0.00% |
| Fredericksburg, TX (FHA|USDA|VA) | 3 | $1,145,000 | $381,667 | $0 | 0.00% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $1,025,000 | $1,025,000 | $0 | 0.00% |
| Brownwood, TX (FHA|USDA|VA) | 1 | $905,000 | $905,000 | $0 | 0.00% |
| VICTORIA, TX (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
| Pearsall, TX (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| Kerrville, TX (FHA|USDA|VA) | 4 | $330,000 | $82,500 | $0 | 0.00% |
| Rockport, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| HARRISONBURG, VA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 277 | $122,765,000 | $443,195 | $0 | 0.00% |
| FHA | 5 | $945,000 | $189,000 | $0 | 0.00% |
| VA | 2 | $530,000 | $265,000 | $0 | 0.00% |
For 2018, Broadway National Bank's most frequently originated type of loan was Conventional, with 277 originations. Their 2nd most popular type was FHA, with 5 originations.
Loan Reason
For 2018, Broadway National Bank's most frequently cited loan purpose was Home Purchase, with 197 originations. The 2nd most popular reason was Refi, with 40 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 284 | $124,240,000 | $437,465 | $0 | 0.00% |
For 2018, Broadway National Bank's most frequently cited loan duration was Other, with 284 originations.
Loan Sizing
2018 saw Broadway National Bank place emphasis on $200k-400k loans with 74 originations, totaling $22,180,000 in origination value.
Applicant Income
Broadway National Bank lent most frequently to those with incomes in the $250k+ range, with 117 originations. The second most popular income band? $150k-250k, with 46 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 284 | $124,240,000 | $437,465 | $0 | 0.00% |
Broadway National Bank lent most frequently to those with DTI ratios of Exempt%, with 284 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications77.72%
Broadway National Bank has a below average approval rate.
Pick Rate
Approvals leading to origination55.99%
Broadway National Bank 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 | 284 | $124,240,000 | $437,465 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 284 | $124,240,000 | $437,465 |
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Baird Home Corporation | Other type of mortgage | Struggling to pay mortgage | 1 | 100.0% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Broadway National Bank | 1006 Fiorella Street Castroville, TX 78009 | Full Service B&M | $42,872 |
| Broadway National Bank | 1012 South Main Street Boerne, TX 78006 | Full Service B&M | $85,516 |
| Broadway National Bank | 1100 Mccullough Ave Ste. 100 San Antonio, TX 78212 | Full Service B&M | $106,003 |
| Broadway National Bank | 1177 N.E. Loop 410 San Antonio, TX 78209 | Full Service B&M | $806,670 |
| Broadway National Bank | 1177 Ne Loop 410 San Antonio, TX 78209 | Limited, Mobile/Seasonal Office | $0 |
| Broadway National Bank | 12101 Bee Caves Rd Bee Cave, TX 78738 | Full Service B&M | $23,225 |
| Broadway National Bank | 12589 Bandera Rd. Helotes, TX 78023 | Full Service B&M | $75,438 |
| Broadway National Bank | 13119 Huebner Road San Antonio, TX 78230 | Full Service B&M | $172,065 |
| Broadway National Bank | 13429 Nacogdoches Road San Antonio, TX 78217 | Full Service B&M | $76,929 |
| Broadway National Bank | 13432 San Pedro San Antonio, TX 78216 | Full Service B&M | $63,731 |
| Broadway National Bank | 14710 Ranch Rd 12 Wimberley, TX 78676 | Full Service B&M | $33,850 |
| Broadway National Bank | 1475 East Court Street Seguin, TX 78155 | Full Service B&M | $73,950 |
| Broadway National Bank | 16767 Huebner Road San Antonio, TX 78248 | Full Service B&M | $74,200 |
| Broadway National Bank | 18700 Stone Oak Parkway San Antonio, TX 78258 | Full Service B&M | $97,015 |
| Broadway National Bank | 204 West Main Street Fredericksburg, TX 78624 | Full Service B&M | $47,897 |
| Broadway National Bank | 20440 Highway 46 West Spring Branch, TX 78070 | Full Service B&M | $112,940 |
| Broadway National Bank | 20710 U.S. 281 N. San Antonio, TX 78258 | Full Service B&M | $32,520 |
| Broadway National Bank | 2219 Common Street New Braunfels, TX 78130 | Full Service B&M | $52,095 |
| Broadway National Bank | 2302 Stanley Road San Antonio, TX 78234 | Full Service B&M | $89,497 |
| Broadway National Bank | 233 19th Street Hondo, TX 78861 | Full Service B&M | $37,882 |
| Broadway National Bank | 23510 Wilderness Oak San Antonio, TX 78258 | Full Service B&M | $21,812 |
| Broadway National Bank | 24175 Ih-10 West San Antonio, TX 78257 | Full Service B&M | $72,505 |
| Broadway National Bank | 2840 Stanley Road Fort Sam Houston, TX 78234 | Limited, Drive-thru | $0 |
| Broadway National Bank | 301 North C M Allen Parkway San Marcos, TX 78666 | Full Service B&M | $38,025 |
| Broadway National Bank | 320 East Us Highway 290 Dripping Springs, TX 78620 | Full Service B&M | $35,790 |
| Broadway National Bank | 3202 S.E. Military Drive San Antonio, TX 78223 | Full Service B&M | $57,403 |
| Broadway National Bank | 321 North Fm 1626 Buda, TX 78610 | Full Service B&M | $22,774 |
| Broadway National Bank | 3600 George C Beach Ave San Antonio, TX 78234 | Limited, Drive-thru | $0 |
| Broadway National Bank | 401 Austin Highway San Antonio, TX 78209 | Full Service B&M | $202,837 |
| Broadway National Bank | 4347 West Commerce Street San Antonio, TX 78237 | Full Service B&M | $22,253 |
| Broadway National Bank | 4917 Ravenswood Drive San Antonio, TX 78227 | Limited, Mobile/Seasonal Office | $0 |
| Broadway National Bank | 500 Main Street Kerrville, TX 78028 | Full Service B&M | $85,432 |
| Broadway National Bank | 502 W. Loop 1604 N San Antonio, TX 78251 | Full Service B&M | $18,553 |
| Broadway National Bank | 506 Congress Avenue Austin, TX 78701 | Full Service B&M | $20,881 |
| Broadway National Bank | 5100 John D. Ryan Boulevard San Antonio, TX 78245 | Limited, Mobile/Seasonal Office | $0 |
| Broadway National Bank | 5557 Fm 3009 Schertz, TX 78154 | Full Service B&M | $114,231 |
| Broadway National Bank | 5809 Kyle Parkway Kyle, TX 78640 | Full Service B&M | $22,695 |
| Broadway National Bank | 629 3rd St W Randolph Afb, TX 78150 | Full Service B&M | $61,130 |
| Broadway National Bank | 7576 Culebra Road San Antonio, TX 78251 | Full Service B&M | $32,662 |
| Broadway National Bank | 8056 Fredericksburg Road San Antonio, TX 78229 | Full Service B&M | $98,067 |
| Broadway National Bank | 911 W 38th St Austin, TX 78705 | Full Service B&M | $51,560 |
For 2018, Broadway National Bank had 41 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $126,162 |
| Net interest income | $113,455 |
| Total noninterest income | $36,415 |
| Gross Fiduciary activities income | $13,751 |
| Service charges on deposit accounts | $10,060 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $12,604 |
| Pre-tax net operating income | $43,981 |
| Securities gains (or losses, -) | $20 |
| Income before extraordinary items | $44,001 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $44,001 |
| Minority interest net income | $0 |
| Net income | $44,001 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $43,981 |
Broadway National Bank's gross interest income from loans was $126,162,000.
Broadway National Bank's net interest income from loans was $113,455,000.
Broadway National Bank's fee based income from loans was $10,060,000.
Broadway National Bank's net income from loans was $44,001,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $12,707 |
| Provision for credit losses | $2,330 |
| Total noninterest expense | $103,559 |
| Salaries and employee benefits | $64,617 |
| Premises and equipment expense | $13,698 |
| Additional noninterest expense | $25,244 |
| Applicable income taxes | $0 |
| Net charge-offs | $2,177 |
| Cash dividends | $20,494 |
Broadway National Bank's interest expense for loans was $12,707,000.
Broadway National Bank's payroll and benefits expense were $64,617,000.
Broadway National Bank's property, plant and equipment expenses $13,698,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 0.0% |
| Real Estate loans | 1.0% |
| Construction & Land Development loans | 0.0% |
| Nonfarm, nonresidential loans | 2.0% |
| 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 | $3,147,601 |
| Deposits held in domestic offices | $3,147,601 |
| Deposits by Individuals, partnerships, and corporations | $3,088,219 |
| Deposits by U.S. Government | $586 |
| Deposits by States and political subdivisions in the U.S. | $58,796 |
| 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 | $293,088 |
| Demand deposits | $160,195 |
| Nontransaction accounts | $2,854,513 |
| Money market deposit accounts (MMDAs) | $2,332,477 |
| Other savings deposits (excluding MMDAs) | $268,118 |
| Total time deposits | $253,918 |
| Total time and savings deposits | $2,987,406 |
| Noninterest-bearing deposits | $841,898 |
| Interest-bearing deposits | $2,305,703 |
| Retail deposits | $3,054,255 |
| IRAs and Keogh plan accounts | $27,458 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $3,653,723 |
| Cash & Balances due from depository institutions | $102,357 |
| Interest-bearing balances | $49,307 |
| Total securities | $1,272,674 |
| Federal funds sold & reverse repurchase | $2 |
| Net loans and leases | $2,057,701 |
| Loan and leases loss allowance | $18,802 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $63,117 |
| Other real estate owned | $1,530 |
| Goodwill and other intangibles | $18,829 |
| All other assets | $137,513 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $3,653,723 |
| Total Liabilities | $3,268,100 |
| Total deposits | $3,147,601 |
| Interest-bearing deposits | $2,305,703 |
| Deposits held in domestic offices | $3,147,601 |
| % insured (estimated) | $49 |
| Federal funds purchased and repurchase agreements | $82,064 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $38,435 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $2,057,701 |
| Loan and leases loss allowance | $18,802 |
| Total loans and leases (domestic) | $2,076,503 |
| All real estate loans | $1,336,988 |
| Real estate loans in domestic offices | $1,336,988 |
| Construction and development loans | $182,571 |
| Residential 1-4 family construction | $48,313 |
| Other construction, all land development and other land | $134,258 |
| Loans secured by nonfarm nonresidential properties | $573,322 |
| Nonfarm nonresidential secured by owner-occupied properties | $252,578 |
| Commercial real estate & other non-farm, non-residential | $320,744 |
| Multifamily residential real estate | $136,305 |
| 1-4 family residential loans | $439,793 |
| Farmland loans | $4,997 |
| Loans held in foreign offices | $0 |
| Farm loans | $832 |
| Commercial and industrial loans | $254,614 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $135,494 |
| Credit card loans | $0 |
| Related Plans | $45,611 |
| Consumer Auto Loans | $45,968 |
| Other loans to individuals | $43,915 |
| All other loans & leases | $348,576 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $31,787 |
| 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 | $10,991 |
| Non 1-4 family restructured loans & leases | $10,649 |
| Total loans and leases (foreign) | $0 |
Broadway National Bank had $2,057,701,000 of loans outstanding in 2018. $1,336,988,000 of loans were in real estate loans. $182,571,000 of loans were in development loans. $136,305,000 of loans were in multifamily mortgage loans. $439,793,000 of loans were in 1-4 family mortgage loans. $832,000 of loans were in farm loans. $0 of loans were in credit card loans. $45,968,000 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 | 353 | $100,534 | $284,799 |
| Nonfarm, nonresidential loans - <$100k | 16 | $682 | $42,625 |
| Nonfarm, nonresidential loans - $100-250k | 80 | $8,207 | $102,588 |
| Nonfarm, nonresidential loans - $250k-1MM | 257 | $91,645 | $356,595 |
| Commercial & Industrial, US addressed loans - <$1MM | 2,101 | $118,032 | $56,179 |
| Commercial & Industrial, US addressed loans - <$100k | 1,574 | $29,704 | $18,872 |
| Commercial & Industrial, US addressed loans - $100-250k | 270 | $24,191 | $89,596 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 257 | $64,137 | $249,560 |
| Farmland loans - <$1MM | 5 | $822 | $164,400 |
| Farmland loans - <$100k | 1 | $63 | $63,000 |
| Farmland loans - $100-250k | 2 | $258 | $129,000 |
| Farmland loans - $250k-1MM | 2 | $501 | $250,500 |
| Agriculture operations loans - <$1MM | 19 | $832 | $43,789 |
| Agriculture operations loans - <$100k | 16 | $305 | $19,063 |
| Agriculture operations loans - $100-250k | 2 | $208 | $104,000 |
| Agriculture operations loans - $250k-1MM | 1 | $319 | $319,000 |