Ccb Community Bank Mortgage Rates, Fees & Info

Andalusia, AL

LEI: 254900FG1PR8UNV77C36

Tax ID: 63-0258819

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    Ccb Community Bank is a smaller bank specializing in Home Purchase, Cash Out Refi, and Refi loans. Ccb Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Crestview, Pensacola, Daphne, Panama City, and Enterprise among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Ccb Community Bank has an average approval rate when compared to the average across all lenders. They have a below 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

    142

    Origination Dollar Volume (All Markets)

    $21,630,000

    Employee count

    111

    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
    Outside of Metro Areas 108 $15,170,000 $140,463 $0 0.00%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 14 $2,930,000 $209,286 $0 0.00%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 5 $1,125,000 $225,000 $0 0.00%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $595,000 $595,000 $0 0.00%
    PANAMA CITY, FL (FHA|USDA|VA) 2 $540,000 $270,000 $0 0.00%
    Enterprise, AL (FHA|USDA|VA) 5 $435,000 $87,000 $0 0.00%
    Atmore, AL (FHA|USDA|VA) 2 $340,000 $170,000 $0 0.00%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $310,000 $155,000 $0 0.00%
    DOTHAN, AL (FHA|USDA|VA) 3 $185,000 $61,667 $0 0.00%
    Ccb Community Bank's top markets include Crestview, Pensacola, Daphne, Panama City, and Enterprise among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 142 $21,630,000 $152,324 $0 0.00%

    For 2019, Ccb Community Bank's most frequently originated type of loan was Conventional, with 142 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 71 $10,495,000 $147,817 $0 0.00%
    Cash Out Refi 44 $6,330,000 $143,864 $0 0.00%
    Refi 22 $4,440,000 $201,818 $0 0.00%
    Home Improvement 3 $285,000 $95,000 $0 0.00%
    Other 2 $80,000 $40,000 $0 0.00%

    For 2019, Ccb Community Bank's most frequently cited loan purpose was Home Purchase, with 71 originations. The 2nd most popular reason was Cash Out Refi, with 44 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 142 $21,630,000 $152,324 $0 0.00%

    For 2019, Ccb Community Bank's most frequently cited loan duration was Other, with 142 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 60 $3,340,000 $55,667 $0 0.00%
    $100k-200k 50 $7,010,000 $140,200 $0 0.00%
    $200k-400k 23 $6,025,000 $261,957 $0 0.00%
    $400k-600k 5 $2,425,000 $485,000 $0 0.00%
    $600k-1MM 4 $2,830,000 $707,500 $0 0.00%

    2019 saw Ccb Community Bank place emphasis on $100,000 or less loans with 60 originations, totaling $3,340,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 30 $1,980,000 $66,000 $0 0.00%
    $100k-150k 26 $4,400,000 $169,231 $0 0.00%
    $50k-75k 23 $2,465,000 $107,174 $0 0.00%
    $75k-100k 20 $2,860,000 $143,000 $0 0.00%
    $150k-250k 17 $3,225,000 $189,706 $0 0.00%
    $250k+ 12 $3,290,000 $274,167 $0 0.00%

    Ccb Community Bank lent most frequently to those with incomes in the $50k or less range, with 30 originations. The second most popular income band? $100k-150k, with 26 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 142 $21,630,000 $152,324 $0 0.00%

    Ccb Community Bank lent most frequently to those with DTI ratios of Exempt%, with 142 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 132 $18,770,000 $142,197 $0 0.00%
    Not applicable 6 $2,490,000 $415,000 $0 0.00%
    Black 3 $345,000 $115,000 $0 0.00%
    Asian 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    87.71%

    Ccb Community Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    89.44%

    Ccb Community Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 142 $21,630,000 $152,324

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 8 $620,000 $77,500
    Single Family (1-4 Units):Site-Built 134 $21,010,000 $156,791

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    CBC Mortgage Agency Conventional home mortgage Trouble during payment process 1 50.0%
    CBC Mortgage Agency VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    CCB Community Bank 1290 North Ferdon Boulevard Crestview, FL 32536 Full Service B&M $57,840
    CCB Community Bank 1502 E John Sims Parkway Niceville, FL 32578 Full Service B&M $56,997
    CCB Community Bank 225 East Three Notch Street Andalusia, AL 36420 Full Service B&M $241,159
    CCB Community Bank 609 Florala Highway Opp, AL 36467 Full Service B&M $74,886

    For 2019, Ccb Community Bank had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $26,516
    Net interest income $20,680
    Total noninterest income $2,242
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $885
    Trading account gains and fees $0
    Additional Noninterest Income $1,357
    Pre-tax net operating income $8,443
    Securities gains (or losses, -) $0
    Income before extraordinary items $8,041
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $8,041
    Minority interest net income $0
    Net income $8,041
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $8,041

    Ccb Community Bank's gross interest income from loans was $26,516,000.
    Ccb Community Bank's net interest income from loans was $20,680,000.
    Ccb Community Bank's fee based income from loans was $885,000.
    Ccb Community Bank's net income from loans was $8,041,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $5,836
    Provision for credit losses $850
    Total noninterest expense $13,629
    Salaries and employee benefits $7,944
    Premises and equipment expense $1,702
    Additional noninterest expense $3,983
    Applicable income taxes $402
    Net charge-offs $651
    Cash dividends $5,718

    Ccb Community Bank's interest expense for loans was $5,836,000.
    Ccb Community Bank's payroll and benefits expense were $7,944,000.
    Ccb Community Bank's property, plant and equipment expenses $1,702,000.

    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 1.0%
    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 $413,589
    Deposits held in domestic offices $413,589
    Deposits by Individuals, partnerships, and corporations $384,201
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $28,525
    Deposits by Commercial banks and other depository institutions in U.S. $863
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $142,375
    Demand deposits $106,839
    Nontransaction accounts $271,214
    Money market deposit accounts (MMDAs) $80,963
    Other savings deposits (excluding MMDAs) $18,796
    Total time deposits $171,454
    Total time and savings deposits $306,750
    Noninterest-bearing deposits $108,485
    Interest-bearing deposits $305,104
    Retail deposits $376,743
    IRAs and Keogh plan accounts $19,234
    Brokered deposits $5,597
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $496,366
    Cash & Balances due from depository institutions $33,344
    Interest-bearing balances $20,844
    Total securities $29,778
    Federal funds sold & reverse repurchase $0
    Net loans and leases $417,721
    Loan and leases loss allowance $3,876
    Trading account assets $0
    Bank premises and fixed assets $7,169
    Other real estate owned $2,820
    Goodwill and other intangibles $0
    All other assets $5,534

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $496,367
    Total Liabilities $439,334
    Total deposits $413,589
    Interest-bearing deposits $305,104
    Deposits held in domestic offices $413,589
    % insured (estimated) $82
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $22,000
    Subordinated debt $0
    All other liabilities $3,745

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $417,721
    Loan and leases loss allowance $3,876
    Total loans and leases (domestic) $421,597
    All real estate loans $357,999
    Real estate loans in domestic offices $357,999
    Construction and development loans $51,140
    Residential 1-4 family construction $3,440
    Other construction, all land development and other land $47,700
    Loans secured by nonfarm nonresidential properties $110,886
    Nonfarm nonresidential secured by owner-occupied properties $37,393
    Commercial real estate & other non-farm, non-residential $73,493
    Multifamily residential real estate $2,112
    1-4 family residential loans $90,536
    Farmland loans $103,325
    Loans held in foreign offices $0
    Farm loans $15,805
    Commercial and industrial loans $38,934
    To non-U.S. addressees $0
    Loans to individuals $7,006
    Credit card loans $1,022
    Related Plans $961
    Consumer Auto Loans $2,070
    Other loans to individuals $2,953
    All other loans & leases $2,038
    Loans to foreign governments and official institutions $0
    Other loans $396
    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 $74
    Non 1-4 family restructured loans & leases $34
    Total loans and leases (foreign) $0

    CCB Community Bank had $417,721,000 of loans outstanding in 2019. $357,999,000 of loans were in real estate loans. $51,140,000 of loans were in development loans. $2,112,000 of loans were in multifamily mortgage loans. $90,536,000 of loans were in 1-4 family mortgage loans. $15,805,000 of loans were in farm loans. $1,022,000 of loans were in credit card loans. $2,070,000 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 395 $52,401 $132,661
    Nonfarm, nonresidential loans - <$100k 211 $8,168 $38,711
    Nonfarm, nonresidential loans - $100-250k 102 $12,161 $119,225
    Nonfarm, nonresidential loans - $250k-1MM 82 $32,072 $391,122
    Commercial & Industrial, US addressed loans - <$1MM 874 $34,735 $39,743
    Commercial & Industrial, US addressed loans - <$100k 731 $14,846 $20,309
    Commercial & Industrial, US addressed loans - $100-250k 101 $8,973 $88,842
    Commercial & Industrial, US addressed loans - $250k-1MM 42 $10,916 $259,905
    Farmland loans - <$1MM 289 $28,230 $97,682
    Farmland loans - <$100k 155 $5,238 $33,794
    Farmland loans - $100-250k 79 $10,373 $131,304
    Farmland loans - $250k-1MM 55 $12,619 $229,436
    Agriculture operations loans - <$1MM 308 $11,302 $36,695
    Agriculture operations loans - <$100k 265 $6,023 $22,728
    Agriculture operations loans - $100-250k 33 $3,117 $94,455
    Agriculture operations loans - $250k-1MM 10 $2,162 $216,200