The Moody National Bank Mortgage Rates, Fees & Info

Galveston, TX

LEI: 5493009ZFRBMAYWB2F82

Tax ID: 74-0560665

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Mortgage Data

Bank Data

Review & Overview

The Moody National Bank is a smaller bank specializing in Home Purchase, Refi, and Home Improvement loans. The Moody National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Houston, Austin, and San Antonio among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

The Moody 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

86

Origination Dollar Volume (All Markets)

$37,380,000

Employee count

191

Top 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
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 66 $29,880,000 $452,727 $0 0.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 8 $3,880,000 $485,000 $0 0.00%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 11 $3,455,000 $314,091 $0 0.00%
Outside of Metro Areas 1 $165,000 $165,000 $0 0.00%
The Moody National Bank's top markets include Houston, Austin, and San Antonio among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 86 $37,380,000 $434,651 $0 0.00%

    For 2019, The Moody National Bank's most frequently originated type of loan was Conventional, with 86 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 32 $12,560,000 $392,500 $0 0.00%
    Refi 28 $11,670,000 $416,786 $0 0.00%
    Home Improvement 20 $12,020,000 $601,000 $0 0.00%
    Other 6 $1,130,000 $188,333 $0 0.00%

    For 2019, The Moody National Bank's most frequently cited loan purpose was Home Purchase, with 32 originations. The 2nd most popular reason was Refi, with 28 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 86 $37,380,000 $434,651 $0 0.00%

    For 2019, The Moody National Bank's most frequently cited loan duration was Other, with 86 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 31 $2,035,000 $65,645 $0 0.00%
    $100k-200k 22 $3,060,000 $139,091 $0 0.00%
    $200k-400k 14 $4,250,000 $303,571 $0 0.00%
    $1MM+ 8 $21,720,000 $2,715,000 $0 0.00%
    $400k-600k 6 $2,740,000 $456,667 $0 0.00%
    $600k-1MM 5 $3,575,000 $715,000 $0 0.00%

    2019 saw The Moody National Bank place emphasis on $100,000 or less loans with 31 originations, totaling $2,035,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 21 $4,445,000 $211,667 $0 0.00%
    $150k-250k 16 $2,950,000 $184,375 $0 0.00%
    $250k+ 16 $10,060,000 $628,750 $0 0.00%
    $75k-100k 7 $605,000 $86,429 $0 0.00%
    $50k-75k 4 $380,000 $95,000 $0 0.00%
    $50k or less 2 $60,000 $30,000 $0 0.00%

    The Moody National Bank lent most frequently to those with incomes in the $100k-150k range, with 21 originations. The second most popular income band? $150k-250k, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 86 $37,380,000 $434,651 $0 0.00%

    The Moody National Bank lent most frequently to those with DTI ratios of Exempt%, with 86 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 20 $18,880,000 $944,000 $0 0.00%
    White 58 $15,940,000 $274,828 $0 0.00%
    Not provided 3 $1,925,000 $641,667 $0 0.00%
    Black 2 $340,000 $170,000 $0 0.00%
    Asian 3 $295,000 $98,333 $0 0.00%

    Approval Rates

    Total approvals of all applications
    73.65%

    The Moody National Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    73.26%

    The Moody National Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 86 $37,380,000 $434,651

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 7 $17,395,000 $2,485,000
    Single Family (1-4 Units):Site-Built 79 $19,985,000 $252,975

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The Moody National Bank 1100 Bay Area Boulevard Houston, TX 77058 Full Service B&M $15,652
    The Moody National Bank 128 Oyster Creek Drive Lake Jackson, TX 77566 Full Service B&M $36,324
    The Moody National Bank 1555 Fm 646 Rd W Dickinson, TX 77539 Full Service B&M $37,337
    The Moody National Bank 217 E. Mill Street New Braunfels, TX 78130 Limited, Drive-thru $0
    The Moody National Bank 2302 Post Office Galveston, TX 77550 Full Service B&M $338,194
    The Moody National Bank 2338 Nasa Parkway Seabrook, TX 77586 Full Service B&M $19,460
    The Moody National Bank 2901 South Shore Boulevard League City, TX 77573 Full Service B&M $78,775
    The Moody National Bank 2940 Broadway Bend Drive Pearland, TX 77584 Full Service Retail $19,006
    The Moody National Bank 401 Main Plaza New Braunfels, TX 78130 Full Service B&M $24,572
    The Moody National Bank 408 West Parkwood Friendswood, TX 77546 Full Service B&M $55,774
    The Moody National Bank 6003 Fairmont Parkway Pasadena, TX 77504 Full Service B&M $29,755
    The Moody National Bank 6820 Seawall Blvd Galveston, TX 77551 Full Service B&M $76,492
    The Moody National Bank 7610 Highway 90a Sugar Land, TX 77479 Full Service B&M $21,028
    The Moody National Bank 7940 Emmett F. Lowry Expressway Texas City, TX 77591 Full Service B&M $54,237
    The Moody National Bank 850 North Eldridge Parkway Houston, TX 77079 Full Service B&M $37,183
    The Moody National Bank 860 East Anderson Austin, TX 78752 Full Service B&M $27,018

    For 2019, The Moody National Bank had 16 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $48,458
    Net interest income $40,682
    Total noninterest income $14,330
    Gross Fiduciary activities income $10,148
    Service charges on deposit accounts $1,943
    Trading account gains and fees $0
    Additional Noninterest Income $2,239
    Pre-tax net operating income $20,198
    Securities gains (or losses, -) $26
    Income before extraordinary items $16,030
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $16,030
    Minority interest net income $0
    Net income $16,030
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $16,009

    The Moody National Bank's gross interest income from loans was $48,458,000.
    The Moody National Bank's net interest income from loans was $40,682,000.
    The Moody National Bank's fee based income from loans was $1,943,000.
    The Moody National Bank's net income from loans was $16,030,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $7,776
    Provision for credit losses $1,800
    Total noninterest expense $33,014
    Salaries and employee benefits $17,441
    Premises and equipment expense $6,860
    Additional noninterest expense $8,713
    Applicable income taxes $4,194
    Net charge-offs $1,472
    Cash dividends $0

    The Moody National Bank's interest expense for loans was $7,776,000.
    The Moody National Bank's payroll and benefits expense were $17,441,000.
    The Moody National Bank's property, plant and equipment expenses $6,860,000.

    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 2.0%
    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 $1,009,797
    Deposits held in domestic offices $1,009,797
    Deposits by Individuals, partnerships, and corporations $875,960
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $76,511
    Deposits by Commercial banks and other depository institutions in U.S. $57,326
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $428,544
    Demand deposits $342,063
    Nontransaction accounts $581,253
    Money market deposit accounts (MMDAs) $320,574
    Other savings deposits (excluding MMDAs) $60,596
    Total time deposits $200,083
    Total time and savings deposits $667,734
    Noninterest-bearing deposits $428,544
    Interest-bearing deposits $581,253
    Retail deposits $897,005
    IRAs and Keogh plan accounts $9,219
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,188,927
    Cash & Balances due from depository institutions $63,598
    Interest-bearing balances $34,607
    Total securities $276,932
    Federal funds sold & reverse repurchase $22,243
    Net loans and leases $793,678
    Loan and leases loss allowance $10,248
    Trading account assets $0
    Bank premises and fixed assets $23,499
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $8,977

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,188,927
    Total Liabilities $1,016,560
    Total deposits $1,009,797
    Interest-bearing deposits $581,253
    Deposits held in domestic offices $1,009,797
    % insured (estimated) $90
    Federal funds purchased and repurchase agreements $1,907
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $4,856

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $793,678
    Loan and leases loss allowance $10,248
    Total loans and leases (domestic) $803,926
    All real estate loans $719,250
    Real estate loans in domestic offices $719,250
    Construction and development loans $149,645
    Residential 1-4 family construction $11,697
    Other construction, all land development and other land $137,948
    Loans secured by nonfarm nonresidential properties $463,571
    Nonfarm nonresidential secured by owner-occupied properties $166,723
    Commercial real estate & other non-farm, non-residential $296,848
    Multifamily residential real estate $21,197
    1-4 family residential loans $84,837
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $77,661
    To non-U.S. addressees $0
    Loans to individuals $9,591
    Credit card loans $0
    Related Plans $16
    Consumer Auto Loans $4,679
    Other loans to individuals $4,896
    All other loans & leases $0
    Loans to foreign governments and official institutions $0
    Other loans $0
    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 $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    The Moody National Bank had $793,678,000 of loans outstanding in 2019. $719,250,000 of loans were in real estate loans. $149,645,000 of loans were in development loans. $21,197,000 of loans were in multifamily mortgage loans. $84,837,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $4,679,000 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 133 $40,608 $305,323
    Nonfarm, nonresidential loans - <$100k 12 $506 $42,167
    Nonfarm, nonresidential loans - $100-250k 29 $3,983 $137,345
    Nonfarm, nonresidential loans - $250k-1MM 92 $36,119 $392,598
    Commercial & Industrial, US addressed loans - <$1MM 212 $20,588 $97,113
    Commercial & Industrial, US addressed loans - <$100k 109 $3,286 $30,147
    Commercial & Industrial, US addressed loans - $100-250k 62 $6,225 $100,403
    Commercial & Industrial, US addressed loans - $250k-1MM 41 $11,077 $270,171