Flint Community Bank Mortgage Rates, Fees & Info

Albany, GA

LEI: 549300KEFLY2A00BLQ60

Tax ID: 20-3894060

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Flint Community Bank is a smaller bank specializing in Refi and Home Purchase loans. Flint Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Albany, Charleston, Panama City, Cordele, and Tifton among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Flint Community Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    162

    Origination Dollar Volume (All Markets)

    $36,020,000

    Employee count

    40

    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
    ALBANY, GA (FHA|USDA|VA) 130 $27,370,000 $210,538 $0 0.00%
    Outside of Metro Areas 11 $3,345,000 $304,091 $0 0.00%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $1,165,000 $1,165,000 $0 0.00%
    PANAMA CITY, FL (FHA|USDA|VA) 4 $1,020,000 $255,000 $0 0.00%
    Cordele, GA (FHA|USDA|VA) 2 $850,000 $425,000 $0 0.00%
    Tifton, GA (FHA|USDA|VA) 3 $475,000 $158,333 $0 0.00%
    WARNER ROBINS, GA (FHA|USDA|VA) 1 $445,000 $445,000 $0 0.00%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $345,000 $345,000 $0 0.00%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $205,000 $205,000 $0 0.00%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $205,000 $205,000 $0 0.00%
    Americus, GA (FHA|USDA|VA) 2 $150,000 $75,000 $0 0.00%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
    Oxford, MS (FHA|USDA|VA) 1 $85,000 $85,000 $0 0.00%
    Dublin, GA (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
    COLUMBUS, GA-AL (FHA|USDA|VA) 1 $65,000 $65,000 $0 0.00%
    Flint Community Bank's top markets include Albany, Charleston, Panama City, Cordele, and Tifton among others.

    Their top states include:
  • Georgia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Mississippi (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 162 $36,020,000 $222,346 $0 0.00%

    For 2020, Flint Community Bank's most frequently originated type of loan was Conventional, with 162 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 84 $20,030,000 $238,452 $0 0.00%
    Home Purchase 77 $15,925,000 $206,818 $0 0.00%
    Home Improvement 1 $65,000 $65,000 $0 0.00%

    For 2020, Flint Community Bank's most frequently cited loan purpose was Refi, with 84 originations. The 2nd most popular reason was Home Purchase, with 77 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 162 $36,020,000 $222,346 $0 0.00%

    For 2020, Flint Community Bank's most frequently cited loan duration was Other, with 162 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 68 $4,110,000 $60,441 $0 0.00%
    $200k-400k 38 $11,420,000 $300,526 $0 0.00%
    $100k-200k 34 $4,860,000 $142,941 $0 0.00%
    $400k-600k 11 $4,845,000 $440,455 $0 0.00%
    $600k-1MM 7 $5,095,000 $727,857 $0 0.00%
    $1MM+ 4 $5,690,000 $1,422,500 $0 0.00%

    2020 saw Flint Community Bank place emphasis on $100,000 or less loans with 68 originations, totaling $4,110,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 37 $12,205,000 $329,865 $0 0.00%
    $150k-250k 17 $3,625,000 $213,235 $0 0.00%
    $100k-150k 14 $1,780,000 $127,143 $0 0.00%
    $50k-75k 13 $1,205,000 $92,692 $0 0.00%
    $50k or less 7 $425,000 $60,714 $0 0.00%
    $75k-100k 6 $510,000 $85,000 $0 0.00%

    Flint Community Bank lent most frequently to those with incomes in the $250k+ range, with 37 originations. The second most popular income band? $150k-250k, with 17 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 162 $36,020,000 $222,346 $0 0.00%

    Flint Community Bank lent most frequently to those with DTI ratios of Exempt%, with 162 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 66 $15,750,000 $238,636 $0 0.00%
    White 69 $15,545,000 $225,290 $0 0.00%
    Black 23 $3,345,000 $145,435 $0 0.00%
    American Indian 2 $750,000 $375,000 $0 0.00%
    Other Pacific Islander 1 $335,000 $335,000 $0 0.00%
    Asian Indian 1 $295,000 $295,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    99.40%

    Flint Community Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    96.91%

    Flint Community Bank has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 162 $36,020,000 $222,346

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 20 $9,020,000 $451,000
    Single Family (1-4 Units):Manufactured 4 $240,000 $60,000
    Single Family (1-4 Units):Site-Built 138 $26,760,000 $193,913

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Flint Community Bank 2910 Meredyth Drive Albany, GA 31721 Full Service B&M $253,269

    For 2020, Flint Community Bank had 1 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $12,060
    Net interest income $10,533
    Total noninterest income $1,247
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $172
    Trading account gains and fees $0
    Additional Noninterest Income $1,075
    Pre-tax net operating income $4,659
    Securities gains (or losses, -) $0
    Income before extraordinary items $4,671
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $4,671
    Minority interest net income $0
    Net income $4,671
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $4,671

    Flint Community Bank's gross interest income from loans was $12,060,000.
    Flint Community Bank's net interest income from loans was $10,533,000.
    Flint Community Bank's fee based income from loans was $172,000.
    Flint Community Bank's net income from loans was $4,671,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,527
    Provision for credit losses $480
    Total noninterest expense $6,641
    Salaries and employee benefits $4,300
    Premises and equipment expense $494
    Additional noninterest expense $1,847
    Applicable income taxes $-12
    Net charge-offs $0
    Cash dividends $2,077

    Flint Community Bank's interest expense for loans was $1,527,000.
    Flint Community Bank's payroll and benefits expense were $4,300,000.
    Flint Community Bank's property, plant and equipment expenses $494,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 5.0%
    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 $231,270
    Deposits held in domestic offices $231,270
    Deposits by Individuals, partnerships, and corporations $223,077
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $0
    Deposits by Commercial banks and other depository institutions in U.S. $8,193
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $98,804
    Demand deposits $66,661
    Nontransaction accounts $132,466
    Money market deposit accounts (MMDAs) $75,641
    Other savings deposits (excluding MMDAs) $12,252
    Total time deposits $44,573
    Total time and savings deposits $164,609
    Noninterest-bearing deposits $66,661
    Interest-bearing deposits $164,609
    Retail deposits $221,083
    IRAs and Keogh plan accounts $4,675
    Brokered deposits $3,073
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $271,783
    Cash & Balances due from depository institutions $24,046
    Interest-bearing balances $17,960
    Total securities $2,587
    Federal funds sold & reverse repurchase $4,825
    Net loans and leases $229,589
    Loan and leases loss allowance $2,372
    Trading account assets $0
    Bank premises and fixed assets $4,214
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $6,522

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $271,783
    Total Liabilities $248,517
    Total deposits $231,270
    Interest-bearing deposits $164,609
    Deposits held in domestic offices $231,270
    % insured (estimated) $77
    Federal funds purchased and repurchase agreements $1
    Trading liabilities $0
    Other borrowed funds $16,000
    Subordinated debt $0
    All other liabilities $1,246

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $229,589
    Loan and leases loss allowance $2,372
    Total loans and leases (domestic) $231,961
    All real estate loans $202,261
    Real estate loans in domestic offices $202,261
    Construction and development loans $14,526
    Residential 1-4 family construction $8,255
    Other construction, all land development and other land $6,271
    Loans secured by nonfarm nonresidential properties $73,126
    Nonfarm nonresidential secured by owner-occupied properties $54,001
    Commercial real estate & other non-farm, non-residential $19,125
    Multifamily residential real estate $1,320
    1-4 family residential loans $90,283
    Farmland loans $23,006
    Loans held in foreign offices $0
    Farm loans $154
    Commercial and industrial loans $25,168
    To non-U.S. addressees $0
    Loans to individuals $3,535
    Credit card loans $0
    Related Plans $444
    Consumer Auto Loans $789
    Other loans to individuals $2,302
    All other loans & leases $843
    Loans to foreign governments and official institutions $0
    Other loans $843
    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

    Flint Community Bank had $229,589,000 of loans outstanding in 2020. $202,261,000 of loans were in real estate loans. $14,526,000 of loans were in development loans. $1,320,000 of loans were in multifamily mortgage loans. $90,283,000 of loans were in 1-4 family mortgage loans. $154,000 of loans were in farm loans. $0 of loans were in credit card loans. $789,000 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 108 $30,990 $286,944
    Nonfarm, nonresidential loans - <$100k 15 $822 $54,800
    Nonfarm, nonresidential loans - $100-250k 34 $3,429 $100,853
    Nonfarm, nonresidential loans - $250k-1MM 59 $26,739 $453,203
    Commercial & Industrial, US addressed loans - <$1MM 280 $19,760 $70,571
    Commercial & Industrial, US addressed loans - <$100k 186 $4,531 $24,360
    Commercial & Industrial, US addressed loans - $100-250k 55 $5,574 $101,345
    Commercial & Industrial, US addressed loans - $250k-1MM 39 $9,655 $247,564
    Farmland loans - <$1MM 28 $4,280 $152,857
    Farmland loans - <$100k 7 $280 $40,000
    Farmland loans - $100-250k 7 $944 $134,857
    Farmland loans - $250k-1MM 14 $3,056 $218,286
    Agriculture operations loans - <$1MM 1 $154 $154,000
    Agriculture operations loans - $250k-1MM 1 $154 $154,000