Citizens Community Bank Mortgage Rates, Fees & Info

Mascoutah, IL

LEI: 254900L9ZR7FYE68H705

Tax ID: 37-1301157

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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

    Citizens Community Bank is a smaller bank specializing in Home Purchase and Refi loans. Citizens Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Dallas, Springfield, Tampa, and Poplar Bluff among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Citizens 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

    159

    Origination Dollar Volume (All Markets)

    $28,415,000

    Employee count

    47

    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
    ST. LOUIS, MO-IL (FHA|USDA|VA) 147 $20,795,000 $141,463 $0 0.00%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $5,825,000 $5,825,000 $0 0.00%
    SPRINGFIELD, MO (FHA|USDA|VA) 2 $660,000 $330,000 $0 0.00%
    Outside of Metro Areas 4 $430,000 $107,500 $0 0.00%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $285,000 $285,000 $0 0.00%
    Poplar Bluff, MO (FHA|USDA|VA) 1 $135,000 $135,000 $0 0.00%
    Taylorville, IL (FHA|USDA|VA) 1 $125,000 $125,000 $0 0.00%
    Centralia, IL (FHA|USDA|VA) 1 $95,000 $95,000 $0 0.00%
    CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $65,000 $65,000 $0 0.00%
    Citizens Community Bank's top markets include St. Louis, Dallas, Springfield, Tampa, and Poplar Bluff among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 159 $28,415,000 $178,711 $0 0.00%

    For 2019, Citizens Community Bank's most frequently originated type of loan was Conventional, with 159 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 88 $11,490,000 $130,568 $0 0.00%
    Refi 42 $13,310,000 $316,905 $0 0.00%
    Cash Out Refi 14 $1,940,000 $138,571 $0 0.00%
    Other 8 $480,000 $60,000 $0 0.00%
    Home Improvement 7 $1,195,000 $170,714 $0 0.00%

    For 2019, Citizens Community Bank's most frequently cited loan purpose was Home Purchase, with 88 originations. The 2nd most popular reason was Refi, with 42 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 159 $28,415,000 $178,711 $0 0.00%

    For 2019, Citizens Community Bank's most frequently cited loan duration was Other, with 159 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 68 $3,960,000 $58,235 $0 0.00%
    $100k-200k 48 $6,830,000 $142,292 $0 0.00%
    $200k-400k 39 $10,305,000 $264,231 $0 0.00%
    $400k-600k 2 $830,000 $415,000 $0 0.00%
    $1MM+ 1 $5,825,000 $5,825,000 $0 0.00%
    $600k-1MM 1 $665,000 $665,000 $0 0.00%

    2019 saw Citizens Community Bank place emphasis on $100,000 or less loans with 68 originations, totaling $3,960,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 36 $6,170,000 $171,389 $0 0.00%
    $50k or less 31 $2,335,000 $75,323 $0 0.00%
    $150k-250k 30 $6,400,000 $213,333 $0 0.00%
    $50k-75k 21 $2,515,000 $119,762 $0 0.00%
    $75k-100k 17 $2,055,000 $120,882 $0 0.00%
    $250k+ 5 $855,000 $171,000 $0 0.00%

    Citizens Community Bank lent most frequently to those with incomes in the $100k-150k range, with 36 originations. The second most popular income band? $50k or less, with 31 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 159 $28,415,000 $178,711 $0 0.00%

    Citizens Community Bank lent most frequently to those with DTI ratios of Exempt%, with 159 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 133 $20,055,000 $150,789 $0 0.00%
    Not applicable 17 $7,815,000 $459,706 $0 0.00%
    Black 5 $415,000 $83,000 $0 0.00%
    Asian 1 $45,000 $45,000 $0 0.00%
    Samoan 1 $45,000 $45,000 $0 0.00%
    Not provided 2 $40,000 $20,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.28%

    Citizens Community Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.68%

    Citizens Community Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 159 $28,415,000 $178,711

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 4 $7,180,000 $1,795,000
    Single Family (1-4 Units):Manufactured 15 $615,000 $41,000
    Single Family (1-4 Units):Site-Built 140 $20,620,000 $147,286

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 10 4.3%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Closing on a mortgage 6 2.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Incorrect information on your report 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Struggling to pay mortgage 20 8.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Trouble during payment process 81 34.8%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Closing on a mortgage 3 1.3%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Incorrect information on your report 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Struggling to pay mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Trouble during payment process 13 5.6%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 11 4.7%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Closing on a mortgage 9 3.9%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Struggling to pay mortgage 8 3.4%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 52 22.3%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Closing on a mortgage 4 1.7%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Struggling to pay mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Trouble during payment process 3 1.3%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Applying for a mortgage or refinancing an existing mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Struggling to pay mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Trouble during payment process 2 0.9%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Citizens Community Bank 302 West Washington St Freeburg, IL 62243 Limited, Administrative $0
    Citizens Community Bank 311 South State Freeburg, IL 62243 Full Service B&M $51,133
    Citizens Community Bank 620 North State Street Freeburg, IL 62243 Full Service B&M $84,495
    Citizens Community Bank 704 New Baldwin Road New Athens, IL 62264 Full Service B&M $42,249
    Citizens Community Bank 9 East Main Street Mascoutah, IL 62258 Full Service B&M $150,544

    For 2019, Citizens Community Bank had 5 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $16,005
    Net interest income $10,956
    Total noninterest income $945
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $258
    Trading account gains and fees $0
    Additional Noninterest Income $687
    Pre-tax net operating income $5,352
    Securities gains (or losses, -) $0
    Income before extraordinary items $4,218
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $4,218
    Minority interest net income $0
    Net income $4,218
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $4,218

    Citizens Community Bank's gross interest income from loans was $16,005,000.
    Citizens Community Bank's net interest income from loans was $10,956,000.
    Citizens Community Bank's fee based income from loans was $258,000.
    Citizens Community Bank's net income from loans was $4,218,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $5,049
    Provision for credit losses $600
    Total noninterest expense $5,949
    Salaries and employee benefits $4,010
    Premises and equipment expense $370
    Additional noninterest expense $1,569
    Applicable income taxes $1,134
    Net charge-offs $567
    Cash dividends $996

    Citizens Community Bank's interest expense for loans was $5,049,000.
    Citizens Community Bank's payroll and benefits expense were $4,010,000.
    Citizens Community Bank's property, plant and equipment expenses $370,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 3.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 2.0%
    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 $339,661
    Deposits held in domestic offices $339,661
    Deposits by Individuals, partnerships, and corporations $254,838
    Deposits by U.S. Government $1
    Deposits by States and political subdivisions in the U.S. $84,577
    Deposits by Commercial banks and other depository institutions in U.S. $245
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $68,389
    Demand deposits $42,225
    Nontransaction accounts $271,272
    Money market deposit accounts (MMDAs) $75,803
    Other savings deposits (excluding MMDAs) $36,821
    Total time deposits $158,647
    Total time and savings deposits $297,436
    Noninterest-bearing deposits $41,040
    Interest-bearing deposits $298,621
    Retail deposits $304,618
    IRAs and Keogh plan accounts $20,287
    Brokered deposits $100
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $403,279
    Cash & Balances due from depository institutions $4,605
    Interest-bearing balances $1,935
    Total securities $132,289
    Federal funds sold & reverse repurchase $733
    Net loans and leases $253,807
    Loan and leases loss allowance $3,553
    Trading account assets $0
    Bank premises and fixed assets $1,459
    Other real estate owned $566
    Goodwill and other intangibles $0
    All other assets $9,820

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $403,279
    Total Liabilities $355,412
    Total deposits $339,661
    Interest-bearing deposits $298,621
    Deposits held in domestic offices $339,661
    % insured (estimated) $76
    Federal funds purchased and repurchase agreements $9,453
    Trading liabilities $0
    Other borrowed funds $2,500
    Subordinated debt $0
    All other liabilities $3,798

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $253,807
    Loan and leases loss allowance $3,553
    Total loans and leases (domestic) $257,360
    All real estate loans $213,491
    Real estate loans in domestic offices $213,491
    Construction and development loans $33,212
    Residential 1-4 family construction $8,867
    Other construction, all land development and other land $24,345
    Loans secured by nonfarm nonresidential properties $61,863
    Nonfarm nonresidential secured by owner-occupied properties $21,994
    Commercial real estate & other non-farm, non-residential $39,869
    Multifamily residential real estate $28,013
    1-4 family residential loans $48,706
    Farmland loans $41,697
    Loans held in foreign offices $0
    Farm loans $10,303
    Commercial and industrial loans $22,447
    To non-U.S. addressees $0
    Loans to individuals $4,575
    Credit card loans $0
    Related Plans $148
    Consumer Auto Loans $1,159
    Other loans to individuals $3,268
    All other loans & leases $6,544
    Loans to foreign governments and official institutions $0
    Other loans $18
    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 $5,593
    Non 1-4 family restructured loans & leases $5,262
    Total loans and leases (foreign) $0

    Citizens Community Bank had $253,807,000 of loans outstanding in 2019. $213,491,000 of loans were in real estate loans. $33,212,000 of loans were in development loans. $28,013,000 of loans were in multifamily mortgage loans. $48,706,000 of loans were in 1-4 family mortgage loans. $10,303,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,159,000 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 98 $20,195 $206,071
    Nonfarm, nonresidential loans - <$100k 26 $952 $36,615
    Nonfarm, nonresidential loans - $100-250k 43 $6,082 $141,442
    Nonfarm, nonresidential loans - $250k-1MM 29 $13,161 $453,828
    Commercial & Industrial, US addressed loans - <$1MM 245 $16,484 $67,282
    Commercial & Industrial, US addressed loans - <$100k 186 $4,601 $24,737
    Commercial & Industrial, US addressed loans - $100-250k 38 $4,393 $115,605
    Commercial & Industrial, US addressed loans - $250k-1MM 21 $7,490 $356,667
    Farmland loans - <$1MM 57 $7,088 $124,351
    Farmland loans - <$100k 26 $1,031 $39,654
    Farmland loans - $100-250k 19 $2,271 $119,526
    Farmland loans - $250k-1MM 12 $3,786 $315,500
    Agriculture operations loans - <$1MM 65 $4,374 $67,292
    Agriculture operations loans - <$100k 46 $1,225 $26,630
    Agriculture operations loans - $100-250k 14 $1,545 $110,357
    Agriculture operations loans - $250k-1MM 5 $1,604 $320,800