Bancorpsouth Nacogdoches Tx Banking and Economic Data

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Bancorpsouth has a significant presence in Nacogdoches, Texas, with a long history dating back to 1876.

The city's economy is driven by a mix of industries, including healthcare, education, and retail.

Nacogdoches has a population of around 32,000 people, with a median household income of $34,000.

The city's median home value is around $120,000, with a median age of 38.

Market Data

BancorpSouth is a major player in the Nacogdoches mortgage market, with a 8.7% market share.

The company originated $10,810,000 in loans, which is a significant amount that demonstrates its presence in the area.

Commercial Bank of Texas holds the top spot with a 20.1% market share, while Austin Bank, Texas, also has a 8.7% market share, tied with BancorpSouth.

QUICKEN LOANS, LLC is in fourth place with a 6.1% market share, having originated $7,540,000 in loans.

AMCAP MORTGAGE, LTD. rounds out the top five with a 3.4% market share, having originated $4,155,000 in loans.

Mortgage Market Share & Volume

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In Nacogdoches, TX, Commercial Bank of Texas holds the top spot with 20.1% market share, outpacing its competitors.

The top lender in Nacogdoches is Commercial Bank of Texas, with 20.1% market share.

BancorpSouth comes in second with 8.7% market share, having originated $10,810,000 in loans.

Austin Bank, Texas, also has 8.7% market share, having originated $10,745,000 in loans.

QUICKEN LOANS, LLC, takes fourth place with 6.1% market share, having originated $7,540,000 in loans.

AMCAP MORTGAGE, LTD., rounds out the top five with 3.4% market share, having originated $4,155,000 in loans.

Loan Sizing

Loan Sizing is a crucial aspect of the market, and Nacogdoches's data offers some fascinating insights. The city's loan sizing saw the bucket of loans from $100k-200k with 220 originations.

This particular range accounted for the most originations, with a total value of $32,650,000 in origination value. The average loan size in this range was $148,409.

Breaking down the loan sizes further, we can see that loans in the $200k-400k range had a total value of $53,830,000, with an average loan size of $274,643. Loans under $100,000 had a total value of $8,445,000, with an average loan size of $66,496.

Here's a summary of the loan sizes and their corresponding originations:

These numbers give us a clear picture of the loan sizes and their corresponding values in Nacogdoches.

Allison Emmerich

Senior Writer

Allison Emmerich is a seasoned writer with a keen interest in technology and its impact on daily life. Her work often explores the latest trends in digital payments and financial services, with a particular focus on mobile payment ATMs. Based in a bustling urban center, Allison combines her technical knowledge with a knack for clear, engaging prose to bring complex topics to a broader audience.

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