The Falls City National Bank Mortgage Rates, Fees & Info

Falls City, TX

LEI: 549300LL55GPEKSXNY85

Tax ID: 74-0617530

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

Jump to:

Mortgage Data

Bank Data

Review & Overview

The Falls City National Bank is a smaller bank specializing in various types of mortgages.



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

0

Origination Dollar Volume (All Markets)

$0

Employee count

29

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
The Falls City National Bank 14565 Fm 775 Floresville, TX 78114 Full Service B&M $31,707
The Falls City National Bank Dillworth Plaza Poth, TX 78147 Full Service B&M $65,892
The Falls City National Bank Highway 181 And Mavrick Falls City, TX 78113 Full Service B&M $331,867

For 2021, The Falls City National Bank had 3 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $11,839
Net interest income $11,321
Total noninterest income $571
Gross Fiduciary activities income $0
Service charges on deposit accounts $384
Trading account gains and fees $0
Additional Noninterest Income $187
Pre-tax net operating income $7,498
Securities gains (or losses, -) $10
Income before extraordinary items $6,184
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $6,184
Minority interest net income $0
Net income $6,184
Sale, conversion, retirement of capital stock, net $0
Net operating income $6,175

The Falls City National Bank's gross interest income from loans was $11,839,000.
The Falls City National Bank's net interest income from loans was $11,321,000.
The Falls City National Bank's fee based income from loans was $384,000.
The Falls City National Bank's net income from loans was $6,184,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $518
Provision for credit losses $200
Total noninterest expense $4,194
Salaries and employee benefits $2,229
Premises and equipment expense $221
Additional noninterest expense $1,744
Applicable income taxes $1,324
Net charge-offs $138
Cash dividends $2,000

The Falls City National Bank's interest expense for loans was $518,000.
The Falls City National Bank's payroll and benefits expense were $2,229,000.
The Falls City National Bank's property, plant and equipment expenses $221,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 3.0%
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 2.0%
HELOC loans 0.0%
All other family 2.0%
Commercial & industrial loans 3.0%
Personal loans 3.0%
Credit card loans 0.0%
Other individual loans 3.0%
Auto loans 3.0%
Other consumer loans 3.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $469,753
Deposits held in domestic offices $469,753
Deposits by Individuals, partnerships, and corporations $388,309
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $81,444
Deposits by Commercial banks and other depository institutions in U.S. $0
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $213,834
Demand deposits $190,594
Nontransaction accounts $255,919
Money market deposit accounts (MMDAs) $159,788
Other savings deposits (excluding MMDAs) $42,756
Total time deposits $53,376
Total time and savings deposits $279,159
Noninterest-bearing deposits $190,593
Interest-bearing deposits $279,159
Retail deposits $448,076
IRAs and Keogh plan accounts $4,145
Brokered deposits $0
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $529,260
Cash & Balances due from depository institutions $201,501
Interest-bearing balances $191,272
Total securities $204,814
Federal funds sold & reverse repurchase $0
Net loans and leases $121,039
Loan and leases loss allowance $1,729
Trading account assets $0
Bank premises and fixed assets $429
Other real estate owned $84
Goodwill and other intangibles $0
All other assets $1,393

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $529,260
Total Liabilities $470,092
Total deposits $469,753
Interest-bearing deposits $279,159
Deposits held in domestic offices $469,753
% insured (estimated) $54
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $339

Issued Loan Types

Type Value (in 000's)
Net loans and leases $121,039
Loan and leases loss allowance $1,729
Total loans and leases (domestic) $122,768
All real estate loans $99,908
Real estate loans in domestic offices $99,908
Construction and development loans $32,273
Residential 1-4 family construction $26,399
Other construction, all land development and other land $5,874
Loans secured by nonfarm nonresidential properties $20,673
Nonfarm nonresidential secured by owner-occupied properties $8,391
Commercial real estate & other non-farm, non-residential $12,282
Multifamily residential real estate $0
1-4 family residential loans $37,273
Farmland loans $9,689
Loans held in foreign offices $0
Farm loans $3,721
Commercial and industrial loans $7,270
To non-U.S. addressees $0
Loans to individuals $11,611
Credit card loans $0
Related Plans $0
Consumer Auto Loans $3,121
Other loans to individuals $8,490
All other loans & leases $258
Loans to foreign governments and official institutions $0
Other loans $258
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 $571
Non 1-4 family restructured loans & leases $571
Total loans and leases (foreign) $0

The Falls City National Bank had $121,039,000 of loans outstanding in 2021. $99,908,000 of loans were in real estate loans. $32,273,000 of loans were in development loans. $0 of loans were in multifamily mortgage loans. $37,273,000 of loans were in 1-4 family mortgage loans. $3,721,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,121,000 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 97 $17,348 $178,845
Nonfarm, nonresidential loans - <$100k 21 $862 $41,048
Nonfarm, nonresidential loans - $100-250k 41 $4,967 $121,146
Nonfarm, nonresidential loans - $250k-1MM 35 $11,519 $329,114
Commercial & Industrial, US addressed loans - <$1MM 160 $7,270 $45,438
Commercial & Industrial, US addressed loans - <$100k 137 $2,824 $20,613
Commercial & Industrial, US addressed loans - $100-250k 17 $1,760 $103,529
Commercial & Industrial, US addressed loans - $250k-1MM 6 $2,686 $447,667
Farmland loans - <$1MM 58 $7,010 $120,862
Farmland loans - <$100k 16 $542 $33,875
Farmland loans - $100-250k 30 $2,985 $99,500
Farmland loans - $250k-1MM 12 $3,483 $290,250
Agriculture operations loans - <$1MM 137 $3,721 $27,161
Agriculture operations loans - <$100k 128 $2,574 $20,109
Agriculture operations loans - $100-250k 7 $674 $96,286
Agriculture operations loans - $250k-1MM 2 $473 $236,500