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. Their top markets by origination volume include: San Antonio, Austin, Corpus Christi, Kerrville, and Heber among others. We have data for 27 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
437Origination Dollar Volume (All Markets)
$321,405,000Employee count
608Top 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) | 224 | $131,510,000 | $587,098 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 107 | $121,475,000 | $1,135,280 | $0 | 0.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 21 | $16,105,000 | $766,905 | $0 | 0.00% |
| Outside of Metro Areas | 21 | $15,865,000 | $755,476 | $0 | 0.00% |
| Kerrville, TX (FHA|USDA|VA) | 20 | $7,830,000 | $391,500 | $0 | 0.00% |
| Heber, UT (FHA|USDA|VA) | 3 | $5,285,000 | $1,761,667 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 3 | $4,215,000 | $1,405,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 6 | $3,900,000 | $650,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 9 | $3,785,000 | $420,556 | $0 | 0.00% |
| Fredericksburg, TX (FHA|USDA|VA) | 4 | $1,560,000 | $390,000 | $0 | 0.00% |
| Port Lavaca, TX (FHA|USDA|VA) | 2 | $1,540,000 | $770,000 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $1,225,000 | $1,225,000 | $0 | 0.00% |
| Rockport, TX (FHA|USDA|VA) | 1 | $1,205,000 | $1,205,000 | $0 | 0.00% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $865,000 | $865,000 | $0 | 0.00% |
| Durango, CO (FHA|USDA|VA) | 1 | $745,000 | $745,000 | $0 | 0.00% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $0 | 0.00% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 0.00% |
| VICTORIA, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| Paris, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| Oxford, MS (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 432 | $320,000,000 | $740,741 | $0 | 0.00% |
| VA | 5 | $1,405,000 | $281,000 | $0 | 0.00% |
For 2021, Broadway National Bank's most frequently originated type of loan was Conventional, with 432 originations. Their 2nd most popular type was VA, with 5 originations.
Loan Reason
For 2021, Broadway National Bank's most frequently cited loan purpose was Home Purchase, with 216 originations. The 2nd most popular reason was Refi, with 106 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 437 | $321,405,000 | $735,481 | $0 | 0.00% |
For 2021, Broadway National Bank's most frequently cited loan duration was Other, with 437 originations.
Loan Sizing
2021 saw Broadway National Bank place emphasis on $200k-400k loans with 109 originations, totaling $31,895,000 in origination value.
Applicant Income
Broadway National Bank lent most frequently to those with incomes in the $250k+ range, with 159 originations. The second most popular income band? $150k-250k, with 86 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 437 | $321,405,000 | $735,481 | $0 | 0.00% |
Broadway National Bank lent most frequently to those with DTI ratios of Exempt%, with 437 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications83.31%
Broadway National Bank has a below average approval rate.
Pick Rate
Approvals leading to origination60.41%
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 | 437 | $321,405,000 | $735,481 |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Broadway National Bank | 1006 Fiorella Street Castroville, TX 78009 | Full Service B&M | $55,186 |
| Broadway National Bank | 1012 South Main Street Boerne, TX 78006 | Full Service B&M | $127,133 |
| Broadway National Bank | 1100 Mccullough Ave Ste. 100 San Antonio, TX 78212 | Full Service B&M | $147,931 |
| Broadway National Bank | 1177 Ne Loop 410 San Antonio, TX 78209 | Limited, Mobile/Seasonal Office | $0 |
| Broadway National Bank | 1177 Ne Loop 410 San Antonio, TX 78209 | Full Service B&M | $1,229,026 |
| Broadway National Bank | 12101 Bee Caves Rd Bee Cave, TX 78738 | Full Service B&M | $58,555 |
| Broadway National Bank | 12589 Bandera Rd. Helotes, TX 78023 | Full Service B&M | $104,727 |
| Broadway National Bank | 13119 Huebner Road San Antonio, TX 78230 | Full Service B&M | $232,722 |
| Broadway National Bank | 13429 Nacogdoches Road San Antonio, TX 78217 | Full Service B&M | $106,756 |
| Broadway National Bank | 14710 Ranch Rd 12 Wimberley, TX 78676 | Full Service B&M | $56,986 |
| Broadway National Bank | 1475 East Court Street Seguin, TX 78155 | Full Service B&M | $82,770 |
| Broadway National Bank | 16767 Huebner Road San Antonio, TX 78248 | Full Service B&M | $93,700 |
| Broadway National Bank | 18700 Stone Oak Parkway San Antonio, TX 78258 | Full Service B&M | $155,447 |
| Broadway National Bank | 204 West Main Street Fredericksburg, TX 78624 | Full Service B&M | $68,495 |
| Broadway National Bank | 20440 Highway 46 West Spring Branch, TX 78070 | Full Service B&M | $153,082 |
| Broadway National Bank | 20710 U.S. 281 N. San Antonio, TX 78258 | Full Service B&M | $50,040 |
| Broadway National Bank | 2219 Common Street New Braunfels, TX 78130 | Full Service B&M | $97,239 |
| Broadway National Bank | 2302 Stanley Road San Antonio, TX 78234 | Full Service B&M | $108,319 |
| Broadway National Bank | 233 19th Street Hondo, TX 78861 | Full Service B&M | $61,803 |
| Broadway National Bank | 23510 Wilderness Oak San Antonio, TX 78258 | Full Service B&M | $30,484 |
| Broadway National Bank | 24175 Ih-10 West San Antonio, TX 78257 | Full Service B&M | $109,363 |
| Broadway National Bank | 2840 Stanley Road Fort Sam Houston, TX 78234 | Limited, Drive-thru | $0 |
| Broadway National Bank | 320 East Us Highway 290 Dripping Springs, TX 78620 | Full Service B&M | $59,071 |
| Broadway National Bank | 3202 S.E. Military Drive San Antonio, TX 78223 | Full Service B&M | $61,255 |
| Broadway National Bank | 321 North Fm 1626 Buda, TX 78610 | Full Service B&M | $43,154 |
| 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 | $231,793 |
| Broadway National Bank | 4347 West Commerce Street San Antonio, TX 78237 | Full Service B&M | $41,077 |
| Broadway National Bank | 4917 Ravenswood Drive San Antonio, TX 78227 | Limited, Mobile/Seasonal Office | $0 |
| Broadway National Bank | 502 W. Loop 1604 N San Antonio, TX 78251 | Full Service B&M | $76,772 |
| 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 | $168,807 |
| Broadway National Bank | 5809 Kyle Parkway Kyle, TX 78640 | Full Service B&M | $67,481 |
| Broadway National Bank | 620 Main Street Kerrville, TX 78028 | Full Service B&M | $164,554 |
| Broadway National Bank | 629 3rd St W Randolph Afb, TX 78150 | Full Service B&M | $63,720 |
| Broadway National Bank | 8056 Fredericksburg Road San Antonio, TX 78229 | Full Service B&M | $123,198 |
| Broadway National Bank | 911 W 38th St Austin, TX 78705 | Full Service B&M | $182,271 |
For 2021, Broadway National Bank had 37 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $133,355 |
| Net interest income | $130,150 |
| Total noninterest income | $43,050 |
| Gross Fiduciary activities income | $18,178 |
| Service charges on deposit accounts | $7,747 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $17,125 |
| Pre-tax net operating income | $51,664 |
| Securities gains (or losses, -) | $975 |
| Income before extraordinary items | $52,639 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $52,639 |
| Minority interest net income | $0 |
| Net income | $52,639 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $51,664 |
Broadway National Bank's gross interest income from loans was $133,355,000.
Broadway National Bank's net interest income from loans was $130,150,000.
Broadway National Bank's fee based income from loans was $7,747,000.
Broadway National Bank's net income from loans was $52,639,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $3,205 |
| Provision for credit losses | $543 |
| Total noninterest expense | $120,993 |
| Salaries and employee benefits | $75,601 |
| Premises and equipment expense | $13,715 |
| Additional noninterest expense | $31,677 |
| Applicable income taxes | $0 |
| Net charge-offs | $1,228 |
| Cash dividends | $22,083 |
Broadway National Bank's interest expense for loans was $3,205,000.
Broadway National Bank's payroll and benefits expense were $75,601,000.
Broadway National Bank's property, plant and equipment expenses $13,715,000.
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 | 1.0% |
| 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 | $4,675,844 |
| Deposits held in domestic offices | $4,675,844 |
| Deposits by Individuals, partnerships, and corporations | $4,596,359 |
| Deposits by U.S. Government | $389 |
| Deposits by States and political subdivisions in the U.S. | $79,096 |
| 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 | $389,175 |
| Demand deposits | $213,238 |
| Nontransaction accounts | $4,286,669 |
| Money market deposit accounts (MMDAs) | $3,495,013 |
| Other savings deposits (excluding MMDAs) | $523,990 |
| Total time deposits | $267,666 |
| Total time and savings deposits | $4,462,606 |
| Noninterest-bearing deposits | $1,479,265 |
| Interest-bearing deposits | $3,196,579 |
| Retail deposits | $4,555,471 |
| IRAs and Keogh plan accounts | $28,193 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $5,237,447 |
| Cash & Balances due from depository institutions | $150,889 |
| Interest-bearing balances | $98,648 |
| Total securities | $2,396,868 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $2,424,974 |
| Loan and leases loss allowance | $27,871 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $58,901 |
| Other real estate owned | $1,957 |
| Goodwill and other intangibles | $18,829 |
| All other assets | $185,029 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $5,237,447 |
| Total Liabilities | $4,771,748 |
| Total deposits | $4,675,844 |
| Interest-bearing deposits | $3,196,579 |
| Deposits held in domestic offices | $4,675,844 |
| % insured (estimated) | $45 |
| Federal funds purchased and repurchase agreements | $23,870 |
| Trading liabilities | $0 |
| Other borrowed funds | $25,000 |
| Subordinated debt | $0 |
| All other liabilities | $47,034 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $2,424,974 |
| Loan and leases loss allowance | $27,871 |
| Total loans and leases (domestic) | $2,452,845 |
| All real estate loans | $1,626,135 |
| Real estate loans in domestic offices | $1,626,135 |
| Construction and development loans | $311,942 |
| Residential 1-4 family construction | $59,391 |
| Other construction, all land development and other land | $252,551 |
| Loans secured by nonfarm nonresidential properties | $702,924 |
| Nonfarm nonresidential secured by owner-occupied properties | $298,382 |
| Commercial real estate & other non-farm, non-residential | $404,542 |
| Multifamily residential real estate | $19,746 |
| 1-4 family residential loans | $588,657 |
| Farmland loans | $2,866 |
| Loans held in foreign offices | $0 |
| Farm loans | $320 |
| Commercial and industrial loans | $382,035 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $172,822 |
| Credit card loans | $0 |
| Related Plans | $58,421 |
| Consumer Auto Loans | $67,907 |
| Other loans to individuals | $46,494 |
| All other loans & leases | $271,533 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $44,210 |
| 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 | $1,240 |
| Non 1-4 family restructured loans & leases | $934 |
| Total loans and leases (foreign) | $0 |
Broadway National Bank had $2,424,974,000 of loans outstanding in 2021. $1,626,135,000 of loans were in real estate loans. $311,942,000 of loans were in development loans. $19,746,000 of loans were in multifamily mortgage loans. $588,657,000 of loans were in 1-4 family mortgage loans. $320,000 of loans were in farm loans. $0 of loans were in credit card loans. $67,907,000 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 | 306 | $100,194 | $327,431 |
| Nonfarm, nonresidential loans - <$100k | 9 | $293 | $32,556 |
| Nonfarm, nonresidential loans - $100-250k | 54 | $6,210 | $115,000 |
| Nonfarm, nonresidential loans - $250k-1MM | 243 | $93,691 | $385,560 |
| Commercial & Industrial, US addressed loans - <$1MM | 2,150 | $147,656 | $68,677 |
| Commercial & Industrial, US addressed loans - <$100k | 1,474 | $29,947 | $20,317 |
| Commercial & Industrial, US addressed loans - $100-250k | 325 | $29,469 | $90,674 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 351 | $88,240 | $251,396 |
| Farmland loans - <$1MM | 1 | $400 | $400,000 |
| Farmland loans - $250k-1MM | 1 | $400 | $400,000 |
| Agriculture operations loans - <$1MM | 16 | $320 | $20,000 |
| Agriculture operations loans - <$100k | 15 | $224 | $14,933 |
| Agriculture operations loans - $100-250k | 1 | $96 | $96,000 |