Thomasville National Bank Mortgage Rates, Fees & Info

Thomasville, GA

LEI: 549300YJ77JVC6X3BO61

Tax ID: 58-2184934

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Mortgage Data

Bank Data

Review & Overview

Thomasville National Bank is a smaller bank specializing in Home Purchase and Refi loans. Thomasville National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Thomasville, Tallahassee, Brunswick, Charleston, and Panama City among others. We have data for 21 markets. (Some data included below & more in-depth data is available with an active subscription.)

Thomasville National 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.

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Originations

309

Origination Dollar Volume (All Markets)

$106,615,000

Employee count

138

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
Thomasville, GA (FHA|USDA|VA) 152 $39,000,000 $256,579 $0 0.00%
TALLAHASSEE, FL (FHA|USDA|VA) 75 $26,875,000 $358,333 $0 0.00%
BRUNSWICK, GA (FHA|USDA|VA) 27 $21,625,000 $800,926 $0 0.00%
Outside of Metro Areas 15 $6,505,000 $433,667 $0 0.00%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 2 $1,800,000 $900,000 $0 0.00%
PANAMA CITY, FL (FHA|USDA|VA) 6 $1,670,000 $278,333 $0 0.00%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 5 $1,565,000 $313,000 $0 0.00%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $1,555,000 $1,555,000 $0 0.00%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $1,275,000 $1,275,000 $0 0.00%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $995,000 $995,000 $0 0.00%
VALDOSTA, GA (FHA|USDA|VA) 8 $800,000 $100,000 $0 0.00%
Moultrie, GA (FHA|USDA|VA) 5 $655,000 $131,000 $0 0.00%
SAVANNAH, GA (FHA|USDA|VA) 3 $635,000 $211,667 $0 0.00%
Cullowhee, NC (FHA|USDA|VA) 1 $395,000 $395,000 $0 0.00%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $365,000 $365,000 $0 0.00%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $285,000 $285,000 $0 0.00%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $225,000 $225,000 $0 0.00%
St. Marys, GA (FHA|USDA|VA) 1 $125,000 $125,000 $0 0.00%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $125,000 $125,000 $0 0.00%
HINESVILLE, GA (FHA|USDA|VA) 1 $85,000 $85,000 $0 0.00%
ALBANY, GA (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
Thomasville National Bank's top markets include Thomasville, Tallahassee, Brunswick, Charleston, and Panama City among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 309 $106,615,000 $345,032 $0 0.00%

    For 2021, Thomasville National Bank's most frequently originated type of loan was Conventional, with 309 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 219 $72,905,000 $332,900 $0 0.00%
    Refi 82 $32,690,000 $398,659 $0 0.00%
    Home Improvement 4 $710,000 $177,500 $0 0.00%
    Other 4 $310,000 $77,500 $0 0.00%

    For 2021, Thomasville National Bank's most frequently cited loan purpose was Home Purchase, with 219 originations. The 2nd most popular reason was Refi, with 82 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 309 $106,615,000 $345,032 $0 0.00%

    For 2021, Thomasville National Bank's most frequently cited loan duration was Other, with 309 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 94 $25,750,000 $273,936 $0 0.00%
    $100k-200k 83 $12,235,000 $147,410 $0 0.00%
    $100,000 or less 77 $4,865,000 $63,182 $0 0.00%
    $400k-600k 23 $11,045,000 $480,217 $0 0.00%
    $1MM+ 19 $42,745,000 $2,249,737 $0 0.00%
    $600k-1MM 13 $9,975,000 $767,308 $0 0.00%

    2021 saw Thomasville National Bank place emphasis on $200k-400k loans with 94 originations, totaling $25,750,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 37 $17,775,000 $480,405 $0 0.00%
    $50k or less 34 $4,160,000 $122,353 $0 0.00%
    $150k-250k 27 $7,155,000 $265,000 $0 0.00%
    $50k-75k 27 $4,635,000 $171,667 $0 0.00%
    $100k-150k 26 $6,300,000 $242,308 $0 0.00%
    $75k-100k 12 $1,990,000 $165,833 $0 0.00%

    Thomasville National Bank lent most frequently to those with incomes in the $250k+ range, with 37 originations. The second most popular income band? $50k or less, with 34 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 309 $106,615,000 $345,032 $0 0.00%

    Thomasville National Bank lent most frequently to those with DTI ratios of Exempt%, with 309 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 133 $62,905,000 $472,970 $0 0.00%
    White 157 $40,865,000 $260,287 $0 0.00%
    Black 13 $1,245,000 $95,769 $0 0.00%
    Asian 2 $870,000 $435,000 $0 0.00%
    Asian Indian 3 $465,000 $155,000 $0 0.00%
    Not provided 1 $265,000 $265,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    98.73%

    Thomasville National 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
    99.35%

    Thomasville National 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 309 $106,615,000 $345,032

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    309 $106,615,000 $345,032

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Thomasville National Bank 100 Island Professional Park Saint Simons Island, GA 31522 Full Service B&M $115,413
    Thomasville National Bank 1300 Metropoitan Blvd. Tallahassee, FL 32308 Full Service B&M $93,727
    Thomasville National Bank 1320 Remington Avenue Thomasville, GA 31792 Full Service B&M $141,069
    Thomasville National Bank 301 North Broad Street Thomasville, GA 31792 Full Service B&M $876,732

    For 2021, Thomasville National Bank had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $46,212
    Net interest income $42,431
    Total noninterest income $18,889
    Gross Fiduciary activities income $15,408
    Service charges on deposit accounts $439
    Trading account gains and fees $0
    Additional Noninterest Income $3,042
    Pre-tax net operating income $29,578
    Securities gains (or losses, -) $0
    Income before extraordinary items $23,126
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $23,126
    Minority interest net income $0
    Net income $23,126
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $23,126

    Thomasville National Bank's gross interest income from loans was $46,212,000.
    Thomasville National Bank's net interest income from loans was $42,431,000.
    Thomasville National Bank's fee based income from loans was $439,000.
    Thomasville National Bank's net income from loans was $23,126,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,781
    Provision for credit losses $3,025
    Total noninterest expense $28,717
    Salaries and employee benefits $17,332
    Premises and equipment expense $2,510
    Additional noninterest expense $8,875
    Applicable income taxes $6,452
    Net charge-offs $-8
    Cash dividends $9,211

    Thomasville National Bank's interest expense for loans was $3,781,000.
    Thomasville National Bank's payroll and benefits expense were $17,332,000.
    Thomasville National Bank's property, plant and equipment expenses $2,510,000.

    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 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 $1,295,504
    Deposits held in domestic offices $1,295,504
    Deposits by Individuals, partnerships, and corporations $1,118,366
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $176,555
    Deposits by Commercial banks and other depository institutions in U.S. $583
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $140,309
    Demand deposits $62,963
    Nontransaction accounts $1,155,195
    Money market deposit accounts (MMDAs) $424,299
    Other savings deposits (excluding MMDAs) $627,822
    Total time deposits $103,074
    Total time and savings deposits $1,232,541
    Noninterest-bearing deposits $258,008
    Interest-bearing deposits $1,037,496
    Retail deposits $1,255,779
    IRAs and Keogh plan accounts $18,140
    Brokered deposits $3,900
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,461,710
    Cash & Balances due from depository institutions $183,580
    Interest-bearing balances $180,156
    Total securities $137,335
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,102,226
    Loan and leases loss allowance $25,498
    Trading account assets $0
    Bank premises and fixed assets $14,200
    Other real estate owned $0
    Goodwill and other intangibles $4,010
    All other assets $20,359

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,461,710
    Total Liabilities $1,344,986
    Total deposits $1,295,504
    Interest-bearing deposits $1,037,496
    Deposits held in domestic offices $1,295,504
    % insured (estimated) $45
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $48,924
    Subordinated debt $0
    All other liabilities $558

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,102,226
    Loan and leases loss allowance $25,498
    Total loans and leases (domestic) $1,127,724
    All real estate loans $879,214
    Real estate loans in domestic offices $879,214
    Construction and development loans $121,401
    Residential 1-4 family construction $46,265
    Other construction, all land development and other land $75,136
    Loans secured by nonfarm nonresidential properties $269,483
    Nonfarm nonresidential secured by owner-occupied properties $136,414
    Commercial real estate & other non-farm, non-residential $133,069
    Multifamily residential real estate $8,841
    1-4 family residential loans $392,205
    Farmland loans $87,284
    Loans held in foreign offices $0
    Farm loans $4,954
    Commercial and industrial loans $204,710
    To non-U.S. addressees $0
    Loans to individuals $23,151
    Credit card loans $0
    Related Plans $1,877
    Consumer Auto Loans $8,336
    Other loans to individuals $12,938
    All other loans & leases $15,695
    Loans to foreign governments and official institutions $0
    Other loans $4,329
    Loans to depository institutions and acceptances of other banks $5,675
    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

    Thomasville National Bank had $1,102,226,000 of loans outstanding in 2021. $879,214,000 of loans were in real estate loans. $121,401,000 of loans were in development loans. $8,841,000 of loans were in multifamily mortgage loans. $392,205,000 of loans were in 1-4 family mortgage loans. $4,954,000 of loans were in farm loans. $0 of loans were in credit card loans. $8,336,000 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 412 $107,773 $261,585
    Nonfarm, nonresidential loans - <$100k 63 $2,253 $35,762
    Nonfarm, nonresidential loans - $100-250k 130 $16,775 $129,038
    Nonfarm, nonresidential loans - $250k-1MM 219 $88,745 $405,228
    Commercial & Industrial, US addressed loans - <$1MM 867 $87,905 $101,390
    Commercial & Industrial, US addressed loans - <$100k 483 $11,294 $23,383
    Commercial & Industrial, US addressed loans - $100-250k 196 $18,656 $95,184
    Commercial & Industrial, US addressed loans - $250k-1MM 188 $57,955 $308,271
    Farmland loans - <$1MM 100 $13,345 $133,450
    Farmland loans - <$100k 33 $1,357 $41,121
    Farmland loans - $100-250k 39 $5,251 $134,641
    Farmland loans - $250k-1MM 28 $6,737 $240,607
    Agriculture operations loans - <$1MM 18 $2,388 $132,667
    Agriculture operations loans - <$100k 8 $160 $20,000
    Agriculture operations loans - $100-250k 3 $270 $90,000
    Agriculture operations loans - $250k-1MM 7 $1,958 $279,714