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 loans. The Moody National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Houston, San Antonio, and Austin among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)

The Moody National Bank has a below 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

65

Origination Dollar Volume (All Markets)

$15,365,000

Employee count

196

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) 50 $11,930,000 $238,600 $0 0.00%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 10 $2,320,000 $232,000 $0 0.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 5 $1,115,000 $223,000 $0 0.00%
The Moody National Bank's top markets include Houston, San Antonio, and Austin among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 65 $15,365,000 $236,385 $0 0.00%

    For 2020, The Moody National Bank's most frequently originated type of loan was Conventional, with 65 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 27 $11,275,000 $417,593 $0 0.00%
    Home Improvement 24 $1,710,000 $71,250 $0 0.00%
    Refi 8 $1,900,000 $237,500 $0 0.00%
    Other 6 $480,000 $80,000 $0 0.00%

    For 2020, The Moody National Bank's most frequently cited loan purpose was Home Purchase, with 27 originations. The 2nd most popular reason was Home Improvement, with 24 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 65 $15,365,000 $236,385 $0 0.00%

    For 2020, The Moody National Bank's most frequently cited loan duration was Other, with 65 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 28 $1,480,000 $52,857 $0 0.00%
    $100k-200k 12 $1,550,000 $129,167 $0 0.00%
    $200k-400k 11 $3,015,000 $274,091 $0 0.00%
    $400k-600k 10 $4,740,000 $474,000 $0 0.00%
    $600k-1MM 3 $2,075,000 $691,667 $0 0.00%
    $1MM+ 1 $2,505,000 $2,505,000 $0 0.00%

    2020 saw The Moody National Bank place emphasis on $100,000 or less loans with 28 originations, totaling $1,480,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 20 $3,950,000 $197,500 $0 0.00%
    $100k-150k 13 $2,015,000 $155,000 $0 0.00%
    $250k+ 11 $5,915,000 $537,727 $0 0.00%
    $50k-75k 7 $675,000 $96,429 $0 0.00%
    $75k-100k 5 $725,000 $145,000 $0 0.00%
    $50k or less 3 $175,000 $58,333 $0 0.00%

    The Moody National Bank lent most frequently to those with incomes in the $150k-250k range, with 20 originations. The second most popular income band? $100k-150k, with 13 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 65 $15,365,000 $236,385 $0 0.00%

    The Moody National Bank lent most frequently to those with DTI ratios of Exempt%, with 65 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 48 $8,750,000 $182,292 $0 0.00%
    Other Asian 1 $2,505,000 $2,505,000 $0 0.00%
    Not applicable 6 $1,910,000 $318,333 $0 0.00%
    Not provided 4 $1,270,000 $317,500 $0 0.00%
    American Indian 2 $470,000 $235,000 $0 0.00%
    Asian 2 $290,000 $145,000 $0 0.00%
    Asian Indian 1 $135,000 $135,000 $0 0.00%
    Black 1 $35,000 $35,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    68.57%

    The Moody National Bank has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    58.46%

    The Moody 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 65 $15,365,000 $236,385

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 65 $15,365,000 $236,385

    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 $20,049
    The Moody National Bank 128 Oyster Creek Drive Lake Jackson, TX 77566 Full Service B&M $31,461
    The Moody National Bank 1555 Fm 646 Rd W Dickinson, TX 77539 Full Service B&M $47,685
    The Moody National Bank 2302 Post Office Galveston, TX 77550 Full Service B&M $535,734
    The Moody National Bank 2338 Nasa Parkway Seabrook, TX 77586 Full Service B&M $18,219
    The Moody National Bank 2901 South Shore Boulevard League City, TX 77573 Full Service B&M $77,047
    The Moody National Bank 2940 Broadway Bend Drive Pearland, TX 77584 Full Service Retail $28,969
    The Moody National Bank 401 Main Plaza New Braunfels, TX 78130 Full Service B&M $27,230
    The Moody National Bank 408 West Parkwood Friendswood, TX 77546 Full Service B&M $57,956
    The Moody National Bank 6003 Fairmont Parkway Pasadena, TX 77504 Full Service B&M $32,300
    The Moody National Bank 6820 Seawall Blvd Galveston, TX 77551 Full Service B&M $62,974
    The Moody National Bank 7610 Highway 90a Sugar Land, TX 77479 Full Service B&M $22,743
    The Moody National Bank 7940 Emmett F. Lowry Expressway Texas City, TX 77591 Full Service B&M $75,316
    The Moody National Bank 850 North Eldridge Parkway Houston, TX 77079 Full Service B&M $41,362
    The Moody National Bank 860 East Anderson Austin, TX 78752 Full Service B&M $50,154

    For 2020, The Moody National Bank had 15 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $49,798
    Net interest income $42,415
    Total noninterest income $13,519
    Gross Fiduciary activities income $9,915
    Service charges on deposit accounts $1,843
    Trading account gains and fees $0
    Additional Noninterest Income $1,761
    Pre-tax net operating income $18,394
    Securities gains (or losses, -) $0
    Income before extraordinary items $14,169
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $14,169
    Minority interest net income $0
    Net income $14,169
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $14,169

    The Moody National Bank's gross interest income from loans was $49,798,000.
    The Moody National Bank's net interest income from loans was $42,415,000.
    The Moody National Bank's fee based income from loans was $1,843,000.
    The Moody National Bank's net income from loans was $14,169,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $7,383
    Provision for credit losses $3,000
    Total noninterest expense $34,540
    Salaries and employee benefits $17,585
    Premises and equipment expense $6,649
    Additional noninterest expense $10,306
    Applicable income taxes $4,225
    Net charge-offs $967
    Cash dividends $0

    The Moody National Bank's interest expense for loans was $7,383,000.
    The Moody National Bank's payroll and benefits expense were $17,585,000.
    The Moody National Bank's property, plant and equipment expenses $6,649,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 2.0%
    Real Estate loans 2.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 4.0%
    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 $1,191,818
    Deposits held in domestic offices $1,191,818
    Deposits by Individuals, partnerships, and corporations $1,025,791
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $88,406
    Deposits by Commercial banks and other depository institutions in U.S. $77,621
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $499,605
    Demand deposits $399,206
    Nontransaction accounts $692,213
    Money market deposit accounts (MMDAs) $287,740
    Other savings deposits (excluding MMDAs) $75,465
    Total time deposits $329,008
    Total time and savings deposits $792,612
    Noninterest-bearing deposits $499,605
    Interest-bearing deposits $692,213
    Retail deposits $959,933
    IRAs and Keogh plan accounts $11,303
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,395,233
    Cash & Balances due from depository institutions $63,294
    Interest-bearing balances $43,116
    Total securities $383,612
    Federal funds sold & reverse repurchase $72,508
    Net loans and leases $841,419
    Loan and leases loss allowance $12,281
    Trading account assets $0
    Bank premises and fixed assets $21,792
    Other real estate owned $0
    Goodwill and other intangibles $326
    All other assets $12,282

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,395,233
    Total Liabilities $1,201,675
    Total deposits $1,191,818
    Interest-bearing deposits $692,213
    Deposits held in domestic offices $1,191,818
    % insured (estimated) $91
    Federal funds purchased and repurchase agreements $3,934
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $5,923

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $841,419
    Loan and leases loss allowance $12,281
    Total loans and leases (domestic) $853,700
    All real estate loans $703,195
    Real estate loans in domestic offices $703,195
    Construction and development loans $133,897
    Residential 1-4 family construction $9,546
    Other construction, all land development and other land $124,351
    Loans secured by nonfarm nonresidential properties $486,808
    Nonfarm nonresidential secured by owner-occupied properties $156,709
    Commercial real estate & other non-farm, non-residential $330,099
    Multifamily residential real estate $9,551
    1-4 family residential loans $72,892
    Farmland loans $47
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $145,657
    To non-U.S. addressees $0
    Loans to individuals $7,828
    Credit card loans $0
    Related Plans $15
    Consumer Auto Loans $3,647
    Other loans to individuals $4,166
    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 $10,004
    Non 1-4 family restructured loans & leases $10,004
    Total loans and leases (foreign) $0

    The Moody National Bank had $841,419,000 of loans outstanding in 2020. $703,195,000 of loans were in real estate loans. $133,897,000 of loans were in development loans. $9,551,000 of loans were in multifamily mortgage loans. $72,892,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $3,647,000 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 $41,244 $310,105
    Nonfarm, nonresidential loans - <$100k 10 $481 $48,100
    Nonfarm, nonresidential loans - $100-250k 26 $3,388 $130,308
    Nonfarm, nonresidential loans - $250k-1MM 97 $37,375 $385,309
    Commercial & Industrial, US addressed loans - <$1MM 637 $54,499 $85,556
    Commercial & Industrial, US addressed loans - <$100k 431 $12,070 $28,005
    Commercial & Industrial, US addressed loans - $100-250k 133 $17,293 $130,023
    Commercial & Industrial, US addressed loans - $250k-1MM 73 $25,136 $344,329
    Farmland loans - <$1MM 1 $47 $47,000
    Farmland loans - <$100k 1 $47 $47,000