Falcon International Bank Mortgage Rates, Fees & Info

Laredo, TX

LEI: 549300ZW58TM1KU8CK35

Tax ID: 74-2382841

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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

    Falcon International Bank is a smaller bank specializing in Home Purchase loans. Falcon International Bank has a high proportion of conventional loans. Their top markets by origination volume include: San Antonio, Laredo, Mcallen, Brownsville, and Eagle Pass among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Falcon International Bank has an 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

    141

    Origination Dollar Volume (All Markets)

    $61,775,000

    Employee count

    369

    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
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 18 $31,480,000 $1,748,889 $0 0.00%
    LAREDO, TX (FHA|USDA|VA) 61 $16,465,000 $269,918 $0 0.00%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 23 $5,995,000 $260,652 $0 0.00%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 15 $3,575,000 $238,333 $0 0.00%
    Eagle Pass, TX (FHA|USDA|VA) 13 $2,075,000 $159,615 $0 0.00%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 3 $1,015,000 $338,333 $0 0.00%
    Del Rio, TX (FHA|USDA|VA) 6 $780,000 $130,000 $0 0.00%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $315,000 $315,000 $0 0.00%
    Outside of Metro Areas 1 $75,000 $75,000 $0 0.00%
    Falcon International Bank's top markets include San Antonio, Laredo, Mcallen, Brownsville, and Eagle Pass among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 141 $61,775,000 $438,121 $0 0.00%

    For 2019, Falcon International Bank's most frequently originated type of loan was Conventional, with 141 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 104 $54,780,000 $526,731 $0 0.00%
    Refi 23 $5,155,000 $224,130 $0 0.00%
    Home Improvement 8 $650,000 $81,250 $0 0.00%
    Cash Out Refi 5 $1,155,000 $231,000 $0 0.00%
    Other 1 $35,000 $35,000 $0 0.00%

    For 2019, Falcon International Bank's most frequently cited loan purpose was Home Purchase, with 104 originations. The 2nd most popular reason was Refi, with 23 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 141 $61,775,000 $438,121 $0 0.00%

    For 2019, Falcon International Bank's most frequently cited loan duration was Other, with 141 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 50 $3,330,000 $66,600 $0 0.00%
    $100k-200k 41 $5,925,000 $144,512 $0 0.00%
    $200k-400k 30 $8,050,000 $268,333 $0 0.00%
    $400k-600k 9 $4,305,000 $478,333 $0 0.00%
    $1MM+ 6 $36,710,000 $6,118,333 $0 0.00%
    $600k-1MM 5 $3,455,000 $691,000 $0 0.00%

    2019 saw Falcon International Bank place emphasis on $100,000 or less loans with 50 originations, totaling $3,330,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 16 $2,660,000 $166,250 $0 0.00%
    $250k+ 15 $3,845,000 $256,333 $0 0.00%
    $50k or less 11 $995,000 $90,455 $0 0.00%
    $150k-250k 10 $2,090,000 $209,000 $0 0.00%
    $50k-75k 10 $1,040,000 $104,000 $0 0.00%
    $75k-100k 7 $1,025,000 $146,429 $0 0.00%

    Falcon International Bank lent most frequently to those with incomes in the $100k-150k range, with 16 originations. The second most popular income band? $250k+, with 15 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 141 $61,775,000 $438,121 $0 0.00%

    Falcon International Bank lent most frequently to those with DTI ratios of Exempt%, with 141 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 58 $47,350,000 $816,379 $0 0.00%
    White 77 $13,545,000 $175,909 $0 0.00%
    Asian 2 $490,000 $245,000 $0 0.00%
    2 $170,000 $85,000 $0 0.00%
    American Indian 1 $155,000 $155,000 $0 0.00%
    Other Asian 1 $65,000 $65,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    84.21%

    Falcon International Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    97.87%

    Falcon International 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 141 $61,775,000 $438,121

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 21 $43,025,000 $2,048,810
    Single Family (1-4 Units):Manufactured 4 $100,000 $25,000
    Single Family (1-4 Units):Site-Built 116 $18,650,000 $160,776

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Falcon International Bank 1005 N. Loop 4 Buda, TX 78610 Full Service B&M $8,903
    Falcon International Bank 10511 Mcpherson Rd. Laredo, TX 78045 Full Service B&M $20,048
    Falcon International Bank 110 Chevrolet Dr. Del Rio, TX 78840 Full Service B&M $2,852
    Falcon International Bank 12002 Bandera Rd. Helotes, TX 78023 Full Service B&M $6,257
    Falcon International Bank 1805 North Expressway Brownsville, TX 78520 Full Service B&M $72,464
    Falcon International Bank 19230 Stone Oak Parkway San Antonio, TX 78258 Full Service B&M $86,403
    Falcon International Bank 204 Bob Bullock Loop Laredo, TX 78041 Full Service B&M $29,168
    Falcon International Bank 275 So. Bibb Ave Eagle Pass, TX 78852 Full Service B&M $59,772
    Falcon International Bank 476 South Bibb Ave Eagle Pass, TX 78852 Full Service B&M $60,663
    Falcon International Bank 500 E. Highway 83 Mcallen, TX 78501 Full Service B&M $19,619
    Falcon International Bank 504 S. Main Street Del Rio, TX 78840 Full Service B&M $21,093
    Falcon International Bank 5219 Mcpherson Road Laredo, TX 78041 Full Service B&M $246,080
    Falcon International Bank 6002 Mcpherson Road Laredo, TX 78041 Full Service B&M $30,039
    Falcon International Bank 6301 N. 10th Mcallen, TX 78501 Full Service B&M $19,807
    Falcon International Bank 6625 San Dario Avenue Laredo, TX 78041 Full Service B&M $34,059
    Falcon International Bank 7718 Mcpherson Rd. Bldg. F Laredo, TX 78045 Full Service B&M $93,394
    Falcon International Bank 801 Matamoros Street Laredo, TX 78040 Full Service B&M $277,924

    For 2019, Falcon International Bank had 17 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $56,652
    Net interest income $47,344
    Total noninterest income $13,530
    Gross Fiduciary activities income $1,582
    Service charges on deposit accounts $4,251
    Trading account gains and fees $0
    Additional Noninterest Income $7,697
    Pre-tax net operating income $25,748
    Securities gains (or losses, -) $361
    Income before extraordinary items $20,816
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $20,816
    Minority interest net income $0
    Net income $20,816
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $20,527

    Falcon International Bank's gross interest income from loans was $56,652,000.
    Falcon International Bank's net interest income from loans was $47,344,000.
    Falcon International Bank's fee based income from loans was $4,251,000.
    Falcon International Bank's net income from loans was $20,816,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $9,308
    Provision for credit losses $0
    Total noninterest expense $35,126
    Salaries and employee benefits $21,538
    Premises and equipment expense $4,508
    Additional noninterest expense $9,080
    Applicable income taxes $5,293
    Net charge-offs $-32
    Cash dividends $3,650

    Falcon International Bank's interest expense for loans was $9,308,000.
    Falcon International Bank's payroll and benefits expense were $21,538,000.
    Falcon International Bank's property, plant and equipment expenses $4,508,000.

    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 $1,127,186
    Deposits held in domestic offices $1,127,186
    Deposits by Individuals, partnerships, and corporations $891,232
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $235,954
    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 $610,726
    Demand deposits $294,305
    Nontransaction accounts $516,460
    Money market deposit accounts (MMDAs) $82,936
    Other savings deposits (excluding MMDAs) $52,127
    Total time deposits $381,397
    Total time and savings deposits $832,881
    Noninterest-bearing deposits $236,710
    Interest-bearing deposits $890,476
    Retail deposits $928,549
    IRAs and Keogh plan accounts $1,575
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,294,446
    Cash & Balances due from depository institutions $113,270
    Interest-bearing balances $96,122
    Total securities $235,847
    Federal funds sold & reverse repurchase $26,056
    Net loans and leases $837,979
    Loan and leases loss allowance $10,346
    Trading account assets $0
    Bank premises and fixed assets $51,497
    Other real estate owned $4,630
    Goodwill and other intangibles $0
    All other assets $25,167

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,294,446
    Total Liabilities $1,131,986
    Total deposits $1,127,186
    Interest-bearing deposits $890,476
    Deposits held in domestic offices $1,127,186
    % insured (estimated) $82
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $1,858
    Subordinated debt $0
    All other liabilities $2,942

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $837,979
    Loan and leases loss allowance $10,346
    Total loans and leases (domestic) $848,325
    All real estate loans $696,900
    Real estate loans in domestic offices $696,900
    Construction and development loans $139,705
    Residential 1-4 family construction $18,668
    Other construction, all land development and other land $121,037
    Loans secured by nonfarm nonresidential properties $382,139
    Nonfarm nonresidential secured by owner-occupied properties $160,939
    Commercial real estate & other non-farm, non-residential $221,200
    Multifamily residential real estate $46,121
    1-4 family residential loans $111,437
    Farmland loans $17,498
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $115,290
    To non-U.S. addressees $46,998
    Loans to individuals $25,098
    Credit card loans $527
    Related Plans $1,345
    Consumer Auto Loans $1,659
    Other loans to individuals $21,567
    All other loans & leases $11,037
    Loans to foreign governments and official institutions $0
    Other loans $6,724
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $6,230
    Loans secured by real estate to non-U.S. addressees $4,987
    Restructured Loans & leases $7,107
    Non 1-4 family restructured loans & leases $6,289
    Total loans and leases (foreign) $0

    Falcon International Bank had $837,979,000 of loans outstanding in 2019. $696,900,000 of loans were in real estate loans. $139,705,000 of loans were in development loans. $46,121,000 of loans were in multifamily mortgage loans. $111,437,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $527,000 of loans were in credit card loans. $1,659,000 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 415 $88,882 $214,173
    Nonfarm, nonresidential loans - <$100k 91 $4,070 $44,725
    Nonfarm, nonresidential loans - $100-250k 138 $15,976 $115,768
    Nonfarm, nonresidential loans - $250k-1MM 186 $68,836 $370,086
    Commercial & Industrial, US addressed loans - <$1MM 674 $33,237 $49,313
    Commercial & Industrial, US addressed loans - <$100k 558 $12,049 $21,593
    Commercial & Industrial, US addressed loans - $100-250k 72 $7,590 $105,417
    Commercial & Industrial, US addressed loans - $250k-1MM 44 $13,598 $309,045
    Farmland loans - <$1MM 58 $7,128 $122,897
    Farmland loans - <$100k 24 $944 $39,333
    Farmland loans - $100-250k 23 $2,933 $127,522
    Farmland loans - $250k-1MM 11 $3,251 $295,545