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 and Cash Out Refi loans. Ccb Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Pensacola, Crestview, Montgomery, Panama City, and Auburn among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Ccb Community Bank has an above 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

    139

    Origination Dollar Volume (All Markets)

    $22,145,000

    Employee count

    104

    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 105 $11,305,000 $107,667 $0 0.00%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $4,485,000 $4,485,000 $0 0.00%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 17 $3,225,000 $189,706 $0 0.00%
    MONTGOMERY, AL (FHA|USDA|VA) 3 $1,255,000 $418,333 $0 0.00%
    PANAMA CITY, FL (FHA|USDA|VA) 3 $505,000 $168,333 $0 0.00%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 4 $490,000 $122,500 $0 0.00%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $355,000 $355,000 $0 0.00%
    DOTHAN, AL (FHA|USDA|VA) 3 $315,000 $105,000 $0 0.00%
    Troy, AL (FHA|USDA|VA) 1 $185,000 $185,000 $0 0.00%
    Thomasville, GA (FHA|USDA|VA) 1 $25,000 $25,000 $0 0.00%
    Ccb Community Bank's top markets include Pensacola, Crestview, Montgomery, Panama City, and Auburn among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 139 $22,145,000 $159,317 $0 0.00%

    For 2020, Ccb Community Bank's most frequently originated type of loan was Conventional, with 139 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 81 $12,105,000 $149,444 $0 0.00%
    Cash Out Refi 34 $8,300,000 $244,118 $0 0.00%
    Refi 15 $1,365,000 $91,000 $0 0.00%
    Home Improvement 5 $255,000 $51,000 $0 0.00%
    Other 4 $120,000 $30,000 $0 0.00%

    For 2020, Ccb Community Bank's most frequently cited loan purpose was Home Purchase, with 81 originations. The 2nd most popular reason was Cash Out Refi, with 34 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 139 $22,145,000 $159,317 $0 0.00%

    For 2020, Ccb Community Bank's most frequently cited loan duration was Other, with 139 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 73 $3,835,000 $52,534 $0 0.00%
    $100k-200k 41 $5,865,000 $143,049 $0 0.00%
    $200k-400k 21 $5,705,000 $271,667 $0 0.00%
    $1MM+ 2 $5,560,000 $2,780,000 $0 0.00%
    $400k-600k 1 $405,000 $405,000 $0 0.00%
    $600k-1MM 1 $775,000 $775,000 $0 0.00%

    2020 saw Ccb Community Bank place emphasis on $100,000 or less loans with 73 originations, totaling $3,835,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 32 $1,680,000 $52,500 $0 0.00%
    $50k-75k 29 $3,055,000 $105,345 $0 0.00%
    $100k-150k 23 $4,405,000 $191,522 $0 0.00%
    $75k-100k 19 $1,725,000 $90,789 $0 0.00%
    $150k-250k 10 $2,340,000 $234,000 $0 0.00%
    $250k+ 9 $2,375,000 $263,889 $0 0.00%

    Ccb Community Bank lent most frequently to those with incomes in the $50k or less range, with 32 originations. The second most popular income band? $50k-75k, with 29 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 139 $22,145,000 $159,317 $0 0.00%

    Ccb Community Bank lent most frequently to those with DTI ratios of Exempt%, with 139 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 122 $15,580,000 $127,705 $0 0.00%
    Not applicable 13 $6,045,000 $465,000 $0 0.00%
    Asian 2 $440,000 $220,000 $0 0.00%
    Black 2 $80,000 $40,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.26%

    Ccb Community Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.49%

    Ccb Community Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 139 $22,145,000 $159,317

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $4,485,000 $4,485,000
    Single Family (1-4 Units):Manufactured 14 $680,000 $48,571
    Single Family (1-4 Units):Site-Built 124 $16,980,000 $136,935

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    CBC Mortgage Agency FHA mortgage Trouble during payment process 1 100.0%

    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 $61,174
    Ccb Community Bank 1502 E John Sims Parkway Niceville, FL 32578 Full Service B&M $54,900
    Ccb Community Bank 225 East Three Notch Street Andalusia, AL 36420 Full Service B&M $268,196
    Ccb Community Bank 609 Florala Highway Opp, AL 36467 Full Service B&M $86,377

    For 2020, Ccb Community Bank had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $25,672
    Net interest income $21,952
    Total noninterest income $2,508
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $699
    Trading account gains and fees $0
    Additional Noninterest Income $1,809
    Pre-tax net operating income $8,390
    Securities gains (or losses, -) $30
    Income before extraordinary items $7,985
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $7,985
    Minority interest net income $0
    Net income $7,985
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $7,956

    Ccb Community Bank's gross interest income from loans was $25,672,000.
    Ccb Community Bank's net interest income from loans was $21,952,000.
    Ccb Community Bank's fee based income from loans was $699,000.
    Ccb Community Bank's net income from loans was $7,985,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,720
    Provision for credit losses $2,050
    Total noninterest expense $14,020
    Salaries and employee benefits $8,163
    Premises and equipment expense $1,791
    Additional noninterest expense $4,066
    Applicable income taxes $435
    Net charge-offs $542
    Cash dividends $7,033

    Ccb Community Bank's interest expense for loans was $3,720,000.
    Ccb Community Bank's payroll and benefits expense were $8,163,000.
    Ccb Community Bank's property, plant and equipment expenses $1,791,000.

    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 $476,643
    Deposits held in domestic offices $476,643
    Deposits by Individuals, partnerships, and corporations $437,244
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $37,952
    Deposits by Commercial banks and other depository institutions in U.S. $1,447
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $196,960
    Demand deposits $150,943
    Nontransaction accounts $279,683
    Money market deposit accounts (MMDAs) $105,121
    Other savings deposits (excluding MMDAs) $26,209
    Total time deposits $148,354
    Total time and savings deposits $325,700
    Noninterest-bearing deposits $150,943
    Interest-bearing deposits $325,700
    Retail deposits $429,381
    IRAs and Keogh plan accounts $18,013
    Brokered deposits $15,002
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $559,899
    Cash & Balances due from depository institutions $88,656
    Interest-bearing balances $61,486
    Total securities $41,302
    Federal funds sold & reverse repurchase $0
    Net loans and leases $415,959
    Loan and leases loss allowance $5,384
    Trading account assets $0
    Bank premises and fixed assets $6,817
    Other real estate owned $1,674
    Goodwill and other intangibles $0
    All other assets $5,491

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $559,899
    Total Liabilities $501,608
    Total deposits $476,643
    Interest-bearing deposits $325,700
    Deposits held in domestic offices $476,643
    % insured (estimated) $77
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $22,500
    Subordinated debt $0
    All other liabilities $2,465

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $415,959
    Loan and leases loss allowance $5,384
    Total loans and leases (domestic) $421,343
    All real estate loans $353,231
    Real estate loans in domestic offices $353,231
    Construction and development loans $37,171
    Residential 1-4 family construction $4,677
    Other construction, all land development and other land $32,494
    Loans secured by nonfarm nonresidential properties $116,362
    Nonfarm nonresidential secured by owner-occupied properties $47,335
    Commercial real estate & other non-farm, non-residential $69,027
    Multifamily residential real estate $2,101
    1-4 family residential loans $80,554
    Farmland loans $117,043
    Loans held in foreign offices $0
    Farm loans $13,005
    Commercial and industrial loans $42,826
    To non-U.S. addressees $0
    Loans to individuals $7,141
    Credit card loans $1,027
    Related Plans $897
    Consumer Auto Loans $2,127
    Other loans to individuals $3,090
    All other loans & leases $5,408
    Loans to foreign governments and official institutions $0
    Other loans $140
    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 $61
    Non 1-4 family restructured loans & leases $6
    Total loans and leases (foreign) $0

    CCB Community Bank had $415,959,000 of loans outstanding in 2020. $353,231,000 of loans were in real estate loans. $37,171,000 of loans were in development loans. $2,101,000 of loans were in multifamily mortgage loans. $80,554,000 of loans were in 1-4 family mortgage loans. $13,005,000 of loans were in farm loans. $1,027,000 of loans were in credit card loans. $2,127,000 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 369 $54,129 $146,691
    Nonfarm, nonresidential loans - <$100k 192 $7,706 $40,135
    Nonfarm, nonresidential loans - $100-250k 92 $11,393 $123,837
    Nonfarm, nonresidential loans - $250k-1MM 85 $35,030 $412,118
    Commercial & Industrial, US addressed loans - <$1MM 911 $36,615 $40,192
    Commercial & Industrial, US addressed loans - <$100k 746 $15,779 $21,151
    Commercial & Industrial, US addressed loans - $100-250k 126 $11,642 $92,397
    Commercial & Industrial, US addressed loans - $250k-1MM 39 $9,194 $235,744
    Farmland loans - <$1MM 308 $28,206 $91,578
    Farmland loans - <$100k 164 $5,376 $32,780
    Farmland loans - $100-250k 86 $10,851 $126,174
    Farmland loans - $250k-1MM 58 $11,979 $206,534
    Agriculture operations loans - <$1MM 305 $10,394 $34,079
    Agriculture operations loans - <$100k 265 $5,645 $21,302
    Agriculture operations loans - $100-250k 30 $2,619 $87,300
    Agriculture operations loans - $250k-1MM 10 $2,130 $213,000