Flint Community Bank Mortgage Rates, Fees & Info

Albany, GA

LEI: 549300KEFLY2A00BLQ60

Tax ID: 20-3894060

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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 Home Purchase and Refi loans. Flint Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Albany, Atlanta, Panama City, Athens, and Thomasville among others. We have data for 15 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.

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    Originations

    126

    Origination Dollar Volume (All Markets)

    $29,440,000

    Employee count

    42

    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) 90 $20,700,000 $230,000 $0 0.00%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 5 $2,045,000 $409,000 $0 0.00%
    PANAMA CITY, FL (FHA|USDA|VA) 8 $2,040,000 $255,000 $0 0.00%
    Outside of Metro Areas 5 $1,375,000 $275,000 $0 0.00%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 4 $1,000,000 $250,000 $0 0.00%
    Thomasville, GA (FHA|USDA|VA) 2 $480,000 $240,000 $0 0.00%
    Cordele, GA (FHA|USDA|VA) 1 $355,000 $355,000 $0 0.00%
    BRUNSWICK, GA (FHA|USDA|VA) 2 $330,000 $165,000 $0 0.00%
    Sevierville, TN (FHA|USDA|VA) 1 $305,000 $305,000 $0 0.00%
    Eufaula, AL-GA (FHA|USDA|VA) 1 $235,000 $235,000 $0 0.00%
    Americus, GA (FHA|USDA|VA) 2 $230,000 $115,000 $0 0.00%
    COLUMBUS, GA-AL (FHA|USDA|VA) 1 $125,000 $125,000 $0 0.00%
    Tifton, GA (FHA|USDA|VA) 2 $100,000 $50,000 $0 0.00%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $65,000 $65,000 $0 0.00%
    WINSTON-SALEM, NC (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
    Flint Community Bank's top markets include Albany, Atlanta, Panama City, Athens, and Thomasville among others.

    Their top states include:
  • Georgia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 126 $29,440,000 $233,651 $0 0.00%

    For 2021, Flint Community Bank's most frequently originated type of loan was Conventional, with 126 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 65 $16,655,000 $256,231 $0 0.00%
    Refi 60 $12,760,000 $212,667 $0 0.00%
    Other 1 $25,000 $25,000 $0 0.00%

    For 2021, Flint Community Bank's most frequently cited loan purpose was Home Purchase, with 65 originations. The 2nd most popular reason was Refi, with 60 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 126 $29,440,000 $233,651 $0 0.00%

    For 2021, Flint Community Bank's most frequently cited loan duration was Other, with 126 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 43 $2,295,000 $53,372 $0 0.00%
    $100k-200k 36 $5,200,000 $144,444 $0 0.00%
    $200k-400k 30 $8,730,000 $291,000 $0 0.00%
    $400k-600k 13 $6,105,000 $469,615 $0 0.00%
    $1MM+ 2 $5,710,000 $2,855,000 $0 0.00%
    $600k-1MM 2 $1,400,000 $700,000 $0 0.00%

    2021 saw Flint Community Bank place emphasis on $100,000 or less loans with 43 originations, totaling $2,295,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 15 $7,625,000 $508,333 $0 0.00%
    $100k-150k 13 $2,475,000 $190,385 $0 0.00%
    $150k-250k 11 $2,555,000 $232,273 $0 0.00%
    $50k-75k 10 $1,640,000 $164,000 $0 0.00%
    $50k or less 5 $505,000 $101,000 $0 0.00%
    $75k-100k 3 $235,000 $78,333 $0 0.00%

    Flint Community Bank lent most frequently to those with incomes in the $250k+ range, with 15 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% 126 $29,440,000 $233,651 $0 0.00%

    Flint Community Bank lent most frequently to those with DTI ratios of Exempt%, with 126 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 67 $14,355,000 $214,254 $0 0.00%
    White 47 $12,755,000 $271,383 $0 0.00%
    Black 10 $1,980,000 $198,000 $0 0.00%
    Asian Indian 2 $350,000 $175,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    100.00%

    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
    92.86%

    Flint Community Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 126 $29,440,000 $233,651

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    126 $29,440,000 $233,651

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Flint Community Bank 2910 Meredyth Drive Albany, GA 31721 Full Service B&M $249,052

    For 2021, Flint Community Bank had 1 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $11,419
    Net interest income $10,782
    Total noninterest income $1,418
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $169
    Trading account gains and fees $0
    Additional Noninterest Income $1,249
    Pre-tax net operating income $4,851
    Securities gains (or losses, -) $0
    Income before extraordinary items $4,851
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $4,851
    Minority interest net income $0
    Net income $4,851
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $4,851

    Flint Community Bank's gross interest income from loans was $11,419,000.
    Flint Community Bank's net interest income from loans was $10,782,000.
    Flint Community Bank's fee based income from loans was $169,000.
    Flint Community Bank's net income from loans was $4,851,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $637
    Provision for credit losses $480
    Total noninterest expense $6,869
    Salaries and employee benefits $4,441
    Premises and equipment expense $537
    Additional noninterest expense $1,891
    Applicable income taxes $0
    Net charge-offs $10
    Cash dividends $3,499

    Flint Community Bank's interest expense for loans was $637,000.
    Flint Community Bank's payroll and benefits expense were $4,441,000.
    Flint Community Bank's property, plant and equipment expenses $537,000.

    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 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 $255,435
    Deposits held in domestic offices $255,435
    Deposits by Individuals, partnerships, and corporations $250,520
    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. $4,915
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $127,382
    Demand deposits $84,073
    Nontransaction accounts $128,053
    Money market deposit accounts (MMDAs) $77,005
    Other savings deposits (excluding MMDAs) $17,470
    Total time deposits $33,577
    Total time and savings deposits $171,362
    Noninterest-bearing deposits $84,073
    Interest-bearing deposits $171,362
    Retail deposits $249,286
    IRAs and Keogh plan accounts $4,355
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $290,457
    Cash & Balances due from depository institutions $32,395
    Interest-bearing balances $27,205
    Total securities $2,005
    Federal funds sold & reverse repurchase $6,725
    Net loans and leases $238,674
    Loan and leases loss allowance $2,842
    Trading account assets $0
    Bank premises and fixed assets $4,473
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $6,185

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $290,457
    Total Liabilities $265,918
    Total deposits $255,435
    Interest-bearing deposits $171,362
    Deposits held in domestic offices $255,435
    % insured (estimated) $70
    Federal funds purchased and repurchase agreements $1
    Trading liabilities $0
    Other borrowed funds $9,000
    Subordinated debt $0
    All other liabilities $1,482

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $238,674
    Loan and leases loss allowance $2,842
    Total loans and leases (domestic) $241,516
    All real estate loans $211,512
    Real estate loans in domestic offices $211,512
    Construction and development loans $18,720
    Residential 1-4 family construction $11,191
    Other construction, all land development and other land $7,529
    Loans secured by nonfarm nonresidential properties $77,600
    Nonfarm nonresidential secured by owner-occupied properties $59,000
    Commercial real estate & other non-farm, non-residential $18,600
    Multifamily residential real estate $1,496
    1-4 family residential loans $91,483
    Farmland loans $22,213
    Loans held in foreign offices $0
    Farm loans $732
    Commercial and industrial loans $25,251
    To non-U.S. addressees $0
    Loans to individuals $3,287
    Credit card loans $0
    Related Plans $744
    Consumer Auto Loans $956
    Other loans to individuals $1,587
    All other loans & leases $734
    Loans to foreign governments and official institutions $0
    Other loans $734
    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 $238,674,000 of loans outstanding in 2021. $211,512,000 of loans were in real estate loans. $18,720,000 of loans were in development loans. $1,496,000 of loans were in multifamily mortgage loans. $91,483,000 of loans were in 1-4 family mortgage loans. $732,000 of loans were in farm loans. $0 of loans were in credit card loans. $956,000 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 140 $29,366 $209,757
    Nonfarm, nonresidential loans - <$100k 18 $888 $49,333
    Nonfarm, nonresidential loans - $100-250k 66 $3,021 $45,773
    Nonfarm, nonresidential loans - $250k-1MM 56 $25,457 $454,589
    Commercial & Industrial, US addressed loans - <$1MM 199 $16,280 $81,809
    Commercial & Industrial, US addressed loans - <$100k 119 $2,755 $23,151
    Commercial & Industrial, US addressed loans - $100-250k 38 $3,441 $90,553
    Commercial & Industrial, US addressed loans - $250k-1MM 42 $10,084 $240,095
    Farmland loans - <$1MM 28 $4,035 $144,107
    Farmland loans - <$100k 7 $257 $36,714
    Farmland loans - $100-250k 9 $1,323 $147,000
    Farmland loans - $250k-1MM 12 $2,455 $204,583
    Agriculture operations loans - <$1MM 1 $132 $132,000
    Agriculture operations loans - $250k-1MM 1 $132 $132,000