The City National Bank Of Sulphur Springs Mortgage Rates, Fees & Info

Sulphur Springs, TX

LEI: 254900M1AHTCIYKM7V90

Tax ID: 75-0191733

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

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

    The City National Bank Of Sulphur Springs is a smaller bank specializing in Home Purchase loans. The City National Bank Of Sulphur Springs has a high proportion of conventional loans. Their top markets by origination volume include: Sulphur Springs, Dallas, Longview, Tyler, and Fredericksburg among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The City National Bank Of Sulphur Springs 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. The City National Bank Of Sulphur Springs is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.93% 12/16/24
    30 Year Conventional Refi 6.84% 12/16/24
    30 Year Cash-out Refi 7.27% 12/16/24
    15 Year Conventional Purchase 6.82% 12/16/24
    15 Year Conventional Refi 6.30% 12/16/24
    15 Year Cash-out Refi 6.30% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    The City National Bank Of Sulphur Springs Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from The City National Bank Of Sulphur Springs. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    559

    Origination Dollar Volume (All Markets)

    $94,505,000

    Employee count

    211

    Awards

    The City National Bank of Sulphur Springs 30 Year Conventional Loans gold The City National Bank of Sulphur Springs 30 Year Conventional Loans gold
    Show all (2) awards

    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 254 $44,470,000 $175,079 $2,615 5.38%
    Sulphur Springs, TX (FHA|USDA|VA) 203 $27,615,000 $136,034 $2,625 5.31%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 47 $10,635,000 $226,277 $2,757 5.31%
    LONGVIEW, TX (FHA|USDA|VA) 24 $4,180,000 $174,167 $2,797 5.67%
    TYLER, TX (FHA|USDA|VA) 9 $2,765,000 $307,222 $3,532 5.40%
    Fredericksburg, TX (FHA|USDA|VA) 1 $805,000 $805,000 $1,521 5.50%
    Athens, TX (FHA|USDA|VA) 2 $800,000 $400,000 $4,404 4.13%
    Gainesville, TX (FHA|USDA|VA) 1 $705,000 $705,000 $9,594 5.58%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 4 $570,000 $142,500 $3,490 5.41%
    Mount Pleasant, TX (FHA|USDA|VA) 7 $455,000 $65,000 $2,160 6.71%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 2 $400,000 $200,000 $0 5.50%
    MIDLAND, TX (FHA|USDA|VA) 1 $395,000 $395,000 $5,724 4.88%
    Ruidoso, NM (FHA|USDA|VA) 1 $285,000 $285,000 $2,150 4.00%
    Palestine, TX (FHA|USDA|VA) 1 $255,000 $255,000 $3,942 4.38%
    Jacksonville, TX (FHA|USDA|VA) 1 $105,000 $105,000 $3,993 5.88%
    Paris, TX (FHA|USDA|VA) 1 $65,000 $65,000 $0 6.15%
    The City National Bank Of Sulphur Springs's top markets include Sulphur Springs, Dallas, Longview, Tyler, and Fredericksburg among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against The City National Bank of Sulphur Springs based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    EAST TEXAS PROFESSIONAL Credit Union
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    VeraBank
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    FC LENDING, LTD.
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    HIGHLAND HOMELOANS, LLC
    Similarity Rank: 948
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 559 $94,505,000 $169,061 $2,695 5.37%

    For 2019, The City National Bank Of Sulphur Springs's most frequently originated type of loan was Conventional, with 559 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 324 $61,540,000 $189,938 $2,772 5.29%
    Cash Out Refi 95 $14,005,000 $147,421 $2,937 5.52%
    Refi 74 $14,090,000 $190,405 $2,660 5.04%
    Home Improvement 36 $2,320,000 $64,444 $1,927 5.88%
    Other 30 $2,550,000 $85,000 $2,165 6.03%

    For 2019, The City National Bank Of Sulphur Springs's most frequently cited loan purpose was Home Purchase, with 324 originations. The 2nd most popular reason was Cash Out Refi, with 95 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 269 $55,215,000 $205,260 $2,766 5.06%
    20 Year 112 $15,230,000 $135,982 $2,530 5.78%
    15 Year 72 $8,140,000 $113,056 $2,752 5.28%
    Other 39 $5,905,000 $151,410 $2,707 5.84%
    10 Year 27 $2,695,000 $99,815 $2,221 5.35%
    5 Year 25 $5,005,000 $200,200 $1,521 6.25%
    1 Year 8 $1,120,000 $140,000 $2,912 5.56%
    3 Year 4 $940,000 $235,000 $0 5.78%
    30+ year 3 $255,000 $85,000 $1,290 6.75%

    For 2019, The City National Bank Of Sulphur Springs's most frequently cited loan duration was 30 Year, with 269 originations. The 2nd most popular length was 20 Year, with 112 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 402 $70,670,000 $175,796
    $1k-2k 4 $680,000 $170,000
    $2k-3k 4 $980,000 $245,000
    $4k-5k 2 $720,000 $360,000
    $5k+ 1 $315,000 $315,000

    The City National Bank Of Sulphur Springs's average total fees were $2,766, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 402 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 238 $40,950,000 $172,059
    4-5% 139 $27,215,000 $195,791
    6-7% 77 $8,355,000 $108,506
    3-4% 73 $15,105,000 $206,918
    7-8% 20 $2,040,000 $102,000
    Over 8% 12 $840,000 $70,000

    During 2019, The City National Bank Of Sulphur Springs's average interest rate for loans was 5.06%, while their most frequently originated rate bucket for loans was 5-6%, with 238 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 207 $13,015,000 $62,874 $2,137 5.80%
    $100k-200k 180 $26,370,000 $146,500 $2,682 5.27%
    $200k-400k 141 $38,015,000 $269,610 $3,097 4.94%
    $400k-600k 22 $10,110,000 $459,545 $3,375 4.92%
    $600k-1MM 9 $6,995,000 $777,222 $5,251 5.55%

    2019 saw The City National Bank Of Sulphur Springs place emphasis on $100,000 or less loans with 207 originations, totaling $13,015,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 139 $25,105,000 $180,612 $2,646 5.25%
    $50k-75k 95 $11,125,000 $117,105 $2,498 5.32%
    $75k-100k 82 $12,090,000 $147,439 $2,555 5.46%
    $150k-250k 80 $18,350,000 $229,375 $3,271 5.08%
    $50k or less 70 $4,640,000 $66,286 $2,286 5.67%
    $250k+ 51 $16,225,000 $318,137 $3,364 5.29%

    The City National Bank Of Sulphur Springs lent most frequently to those with incomes in the $100k-150k range, with 139 originations. The second most popular income band? $50k-75k, with 95 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 126 $20,180,000 $160,159 $2,675 5.18%
    30-36% 112 $20,290,000 $181,161 $2,699 5.04%
    <20% 58 $9,820,000 $169,310 $2,767 5.11%
    >60% 24 $4,050,000 $168,750 $2,325 6.04%
    50-60% 20 $5,050,000 $252,500 $2,906 5.93%
    40% 19 $2,785,000 $146,579 $2,417 5.35%
    42% 16 $2,770,000 $173,125 $2,511 5.73%
    37% 16 $1,880,000 $117,500 $2,433 5.68%
    38% 16 $2,800,000 $175,000 $2,571 5.17%
    36% 15 $2,385,000 $159,000 $2,777 5.11%
    41% 15 $2,365,000 $157,667 $2,617 5.93%
    45% 14 $2,470,000 $176,429 $2,099 6.29%
    39% 14 $1,980,000 $141,429 $3,057 5.48%
    43% 13 $2,235,000 $171,923 $2,561 5.55%
    44% 12 $1,510,000 $125,833 $2,846 4.93%
    48% 9 $2,275,000 $252,778 $3,630 5.72%
    47% 8 $980,000 $122,500 $2,682 5.80%
    46% 7 $1,325,000 $189,286 $3,357 4.61%
    49% 1 $285,000 $285,000 $3,364 5.38%

    The City National Bank Of Sulphur Springs lent most frequently to those with DTI ratios of 20-30%, with 126 originations. The next most common DTI ratio? 30-36%, with 112 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 485 $81,525,000 $168,093 $2,665 5.36%
    Not applicable 42 $6,970,000 $165,952 $0 5.90%
    Not provided 16 $3,100,000 $193,750 $3,218 4.70%
    American Indian 6 $980,000 $163,333 $3,098 4.75%
    Asian 2 $920,000 $460,000 $5,762 5.73%
    Black 7 $715,000 $102,143 $1,916 5.52%
    Filipino 1 $295,000 $295,000 $3,242 5.25%

    Approval Rates

    Total approvals of all applications
    91.34%

    The City National Bank Of Sulphur Springs has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.73%

    The City National Bank Of Sulphur Springs has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 559 $94,505,000 $169,061

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 9 $3,525,000 $391,667
    Single Family (1-4 Units):Manufactured 17 $1,295,000 $76,176
    Single Family (1-4 Units):Site-Built 533 $89,685,000 $168,265

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 55 $6,225,000 $113,182 $2,429 5.53%
    40-60% 108 $16,620,000 $153,889 $2,818 5.38%
    60-80% 266 $49,980,000 $187,895 $2,755 5.40%
    80-100% 112 $20,530,000 $183,304 $2,759 5.18%
    Under 20% 18 $1,150,000 $63,889 $1,565 5.76%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The City National Bank of Sulphur Springs 1133 Mockingbird Lane Sulphur Springs, TX 75482 Full Service B&M $66,285
    The City National Bank of Sulphur Springs 120 North Main Street Yantis, TX 75497 Full Service B&M $49,180
    The City National Bank of Sulphur Springs 200 N Pacific St Mineola, TX 75773 Full Service B&M $51,867
    The City National Bank of Sulphur Springs 201 Connally Street Sulphur Springs, TX 75482 Full Service B&M $167,741
    The City National Bank of Sulphur Springs 205 Beaulah Street Hawkins, TX 75765 Full Service B&M $22,670
    The City National Bank of Sulphur Springs 210 South Main St Winnsboro, TX 75494 Full Service B&M $60,397
    The City National Bank of Sulphur Springs 2454 South Fm 2869 Hawkins, TX 75765 Full Service B&M $25,596
    The City National Bank of Sulphur Springs 300 West Frank Street Grand Saline, TX 75140 Full Service B&M $25,920
    The City National Bank of Sulphur Springs 500 North Fourth Street Wills Point, TX 75169 Full Service B&M $84,163
    The City National Bank of Sulphur Springs 501 E. Goode Street Quitman, TX 75783 Full Service B&M $34,533
    The City National Bank of Sulphur Springs 700 East Lennon Drive Emory, TX 75440 Full Service B&M $11,530
    The City National Bank of Sulphur Springs 875 W. Dallas St. Canton, TX 75103 Full Service B&M $44,910
    The City National Bank of Sulphur Springs 895 E. Broadway Gladewater, TX 75647 Full Service B&M $4,053

    For 2019, The City National Bank Of Sulphur Springs had 13 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $36,425
    Net interest income $31,933
    Total noninterest income $7,784
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $2,309
    Trading account gains and fees $0
    Additional Noninterest Income $5,475
    Pre-tax net operating income $14,799
    Securities gains (or losses, -) $-125
    Income before extraordinary items $14,654
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $14,654
    Minority interest net income $0
    Net income $14,654
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $14,779

    The City National Bank Of Sulphur Springs's gross interest income from loans was $36,425,000.
    The City National Bank Of Sulphur Springs's net interest income from loans was $31,933,000.
    The City National Bank Of Sulphur Springs's fee based income from loans was $2,309,000.
    The City National Bank Of Sulphur Springs's net income from loans was $14,654,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $4,492
    Provision for credit losses $815
    Total noninterest expense $24,103
    Salaries and employee benefits $14,923
    Premises and equipment expense $4,073
    Additional noninterest expense $5,107
    Applicable income taxes $20
    Net charge-offs $421
    Cash dividends $9,110

    The City National Bank Of Sulphur Springs's interest expense for loans was $4,492,000.
    The City National Bank Of Sulphur Springs's payroll and benefits expense were $14,923,000.
    The City National Bank Of Sulphur Springs's property, plant and equipment expenses $4,073,000.

    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 2.0%
    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 $671,910
    Deposits held in domestic offices $671,910
    Deposits by Individuals, partnerships, and corporations $615,133
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $56,778
    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 $77,195
    Demand deposits $43,900
    Nontransaction accounts $594,716
    Money market deposit accounts (MMDAs) $352,944
    Other savings deposits (excluding MMDAs) $71,849
    Total time deposits $169,922
    Total time and savings deposits $628,011
    Noninterest-bearing deposits $43,900
    Interest-bearing deposits $628,010
    Retail deposits $640,801
    IRAs and Keogh plan accounts $27,864
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $769,422
    Cash & Balances due from depository institutions $41,050
    Interest-bearing balances $25,281
    Total securities $131,400
    Federal funds sold & reverse repurchase $0
    Net loans and leases $547,333
    Loan and leases loss allowance $6,201
    Trading account assets $0
    Bank premises and fixed assets $15,358
    Other real estate owned $0
    Goodwill and other intangibles $12,671
    All other assets $21,610

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $769,421
    Total Liabilities $677,585
    Total deposits $671,910
    Interest-bearing deposits $628,010
    Deposits held in domestic offices $671,910
    % insured (estimated) $81
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $5,675

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $547,333
    Loan and leases loss allowance $6,201
    Total loans and leases (domestic) $553,534
    All real estate loans $426,884
    Real estate loans in domestic offices $426,884
    Construction and development loans $55,703
    Residential 1-4 family construction $15,602
    Other construction, all land development and other land $40,101
    Loans secured by nonfarm nonresidential properties $87,011
    Nonfarm nonresidential secured by owner-occupied properties $18,193
    Commercial real estate & other non-farm, non-residential $68,818
    Multifamily residential real estate $14,117
    1-4 family residential loans $222,150
    Farmland loans $47,903
    Loans held in foreign offices $0
    Farm loans $32,699
    Commercial and industrial loans $48,291
    To non-U.S. addressees $0
    Loans to individuals $44,569
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $16,895
    Other loans to individuals $27,674
    All other loans & leases $1,092
    Loans to foreign governments and official institutions $0
    Other loans $127
    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 $1,215
    Non 1-4 family restructured loans & leases $846
    Total loans and leases (foreign) $0

    The City National Bank of Sulphur Springs had $547,333,000 of loans outstanding in 2019. $426,884,000 of loans were in real estate loans. $55,703,000 of loans were in development loans. $14,117,000 of loans were in multifamily mortgage loans. $222,150,000 of loans were in 1-4 family mortgage loans. $32,699,000 of loans were in farm loans. $0 of loans were in credit card loans. $16,895,000 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 377 $49,210 $130,531
    Nonfarm, nonresidential loans - <$100k 157 $6,553 $41,739
    Nonfarm, nonresidential loans - $100-250k 150 $18,333 $122,220
    Nonfarm, nonresidential loans - $250k-1MM 70 $24,324 $347,486
    Commercial & Industrial, US addressed loans - <$1MM 1,254 $41,522 $33,112
    Commercial & Industrial, US addressed loans - <$100k 1,103 $20,579 $18,657
    Commercial & Industrial, US addressed loans - $100-250k 106 $10,817 $102,047
    Commercial & Industrial, US addressed loans - $250k-1MM 45 $10,126 $225,022
    Farmland loans - <$1MM 336 $40,250 $119,792
    Farmland loans - <$100k 180 $7,490 $41,611
    Farmland loans - $100-250k 112 $14,299 $127,670
    Farmland loans - $250k-1MM 44 $18,461 $419,568
    Agriculture operations loans - <$1MM 1,208 $27,594 $22,843
    Agriculture operations loans - <$100k 1,119 $18,829 $16,827
    Agriculture operations loans - $100-250k 72 $5,734 $79,639
    Agriculture operations loans - $250k-1MM 17 $3,031 $178,294