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, Refi, and Cash Out Refi 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 Mount Pleasant among others. We have data for 20 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

    806

    Origination Dollar Volume (All Markets)

    $150,150,000

    Employee count

    228

    Awards

    The City National Bank of Sulphur Springs 30 Year Conventional Loans gold
    Show all (1) 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 387 $70,735,000 $182,778 $2,861 3.89%
    Sulphur Springs, TX (FHA|USDA|VA) 236 $38,740,000 $164,153 $2,785 3.93%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 89 $22,805,000 $256,236 $3,207 3.62%
    LONGVIEW, TX (FHA|USDA|VA) 38 $5,510,000 $145,000 $3,069 4.31%
    TYLER, TX (FHA|USDA|VA) 14 $3,310,000 $236,429 $3,059 3.57%
    Mount Pleasant, TX (FHA|USDA|VA) 13 $3,265,000 $251,154 $3,221 4.43%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 7 $1,305,000 $186,429 $2,844 4.51%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 4 $970,000 $242,500 $2,963 4.84%
    Athens, TX (FHA|USDA|VA) 3 $575,000 $191,667 $3,089 2.88%
    TEXARKANA, TX-AR (FHA|USDA|VA) 3 $495,000 $165,000 $2,766 3.67%
    Paris, TX (FHA|USDA|VA) 2 $420,000 $210,000 $3,595 2.75%
    Stephenville, TX (FHA|USDA|VA) 1 $365,000 $365,000 $2,684 2.50%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $285,000 $285,000 $0 4.25%
    Ruidoso, NM (FHA|USDA|VA) 1 $285,000 $285,000 $1,959 2.63%
    Huntsville, TX (FHA|USDA|VA) 1 $275,000 $275,000 $3,457 2.50%
    Nacogdoches, TX (FHA|USDA|VA) 1 $265,000 $265,000 $5,299 3.50%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 2 $250,000 $125,000 $1,860 3.56%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $125,000 $125,000 $2,885 3.13%
    LUBBOCK, TX (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.95%
    Mineral Wells, TX (FHA|USDA|VA) 1 $55,000 $55,000 $0 6.25%
    The City National Bank Of Sulphur Springs's top markets include Sulphur Springs, Dallas, Longview, Tyler, and Mount Pleasant among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • New Mexico (FHA|USDA|VA)
  • Arkansas (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
    Similarity Rank: 442
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    Similarity Rank: 522
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    RESIDENTIAL BANCORP
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    TEXAS TRUST
    Similarity Rank: 1885
    DATCU
    Similarity Rank: 1900

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 806 $150,150,000 $186,290 $2,896 3.90%

    For 2020, The City National Bank Of Sulphur Springs's most frequently originated type of loan was Conventional, with 806 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 325 $60,965,000 $187,585 $2,954 4.35%
    Refi 239 $48,895,000 $204,582 $2,603 3.15%
    Cash Out Refi 201 $35,895,000 $178,582 $3,222 3.85%
    Home Improvement 23 $2,005,000 $87,174 $2,250 5.19%
    Other 18 $2,390,000 $132,778 $2,831 4.50%

    For 2020, The City National Bank Of Sulphur Springs's most frequently cited loan purpose was Home Purchase, with 325 originations. The 2nd most popular reason was Refi, with 239 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 359 $79,285,000 $220,850 $3,012 3.73%
    15 Year 161 $25,785,000 $160,155 $2,892 3.16%
    20 Year 149 $25,505,000 $171,174 $2,716 4.31%
    Other 67 $10,425,000 $155,597 $2,527 4.57%
    10 Year 29 $2,475,000 $85,345 $2,337 4.58%
    5 Year 21 $2,305,000 $109,762 $2,137 5.49%
    1 Year 14 $3,090,000 $220,714 $3,786 5.03%
    30+ year 5 $1,105,000 $221,000 $2,866 4.28%
    3 Year 1 $175,000 $175,000 $0 5.00%

    For 2020, The City National Bank Of Sulphur Springs's most frequently cited loan duration was 30 Year, with 359 originations. The 2nd most popular length was 15 Year, with 161 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 636 $124,730,000 $196,116
    $1k-2k 5 $995,000 $199,000
    $2k-3k 4 $860,000 $215,000
    $3k-4k 3 $935,000 $311,667
    $4k-5k 2 $600,000 $300,000
    $5k+ 1 $505,000 $505,000

    The City National Bank Of Sulphur Springs's average total fees were $3,012, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 636 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 238 $49,000,000 $205,882
    4-5% 181 $31,985,000 $176,713
    3-4% 166 $38,360,000 $231,084
    5-6% 105 $12,935,000 $123,190
    <2.5% 76 $13,350,000 $175,658
    6-7% 21 $2,585,000 $123,095
    7-8% 14 $1,400,000 $100,000
    Over 8% 5 $535,000 $107,000

    During 2020, The City National Bank Of Sulphur Springs's average interest rate for loans was 3.73%, while their most frequently originated rate bucket for loans was 2.5-3%, with 238 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 321 $47,195,000 $147,025 $2,657 3.70%
    $200k-400k 258 $71,510,000 $277,171 $3,309 3.52%
    $100,000 or less 190 $12,450,000 $65,526 $2,282 4.77%
    $400k-600k 33 $15,165,000 $459,545 $4,007 3.73%
    $1MM+ 2 $2,310,000 $1,155,000 $0 4.75%
    $600k-1MM 2 $1,520,000 $760,000 $4,502 4.44%

    2020 saw The City National Bank Of Sulphur Springs place emphasis on $100k-200k loans with 321 originations, totaling $47,195,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 226 $46,100,000 $203,982 $2,969 3.57%
    $150k-250k 138 $33,370,000 $241,812 $3,058 3.63%
    $50k-75k 127 $16,785,000 $132,165 $2,633 4.29%
    $75k-100k 123 $20,545,000 $167,033 $2,816 3.67%
    $50k or less 84 $7,620,000 $90,714 $2,457 4.11%
    $250k+ 65 $18,325,000 $281,923 $3,751 4.10%

    The City National Bank Of Sulphur Springs lent most frequently to those with incomes in the $100k-150k range, with 226 originations. The second most popular income band? $150k-250k, with 138 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 216 $39,420,000 $182,500 $2,684 3.60%
    30-36% 124 $25,330,000 $204,274 $3,067 3.76%
    <20% 97 $16,585,000 $170,979 $2,906 3.41%
    40% 35 $7,745,000 $221,286 $2,973 3.81%
    36% 29 $6,095,000 $210,172 $3,259 3.91%
    >60% 28 $5,650,000 $201,786 $3,084 5.15%
    50-60% 28 $4,300,000 $153,571 $2,874 5.26%
    37% 26 $3,870,000 $148,846 $2,898 4.09%
    41% 24 $5,350,000 $222,917 $3,112 3.80%
    38% 23 $4,505,000 $195,870 $2,902 3.55%
    43% 22 $3,850,000 $175,000 $3,097 3.81%
    42% 20 $3,510,000 $175,500 $3,124 3.92%
    44% 19 $3,475,000 $182,895 $3,137 3.61%
    39% 18 $3,200,000 $177,778 $2,465 3.79%
    45% 18 $3,490,000 $193,889 $3,042 3.82%
    47% 11 $2,265,000 $205,909 $2,919 4.76%
    48% 10 $1,580,000 $158,000 $3,047 4.11%
    49% 8 $1,450,000 $181,250 $3,415 4.96%
    46% 8 $1,500,000 $187,500 $2,220 3.63%

    The City National Bank Of Sulphur Springs lent most frequently to those with DTI ratios of 20-30%, with 216 originations. The next most common DTI ratio? 30-36%, with 124 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 727 $136,985,000 $188,425 $2,893 3.83%
    Not applicable 42 $6,980,000 $166,190 $0 5.20%
    Not provided 20 $3,240,000 $162,000 $3,136 3.64%
    Black 8 $1,240,000 $155,000 $2,203 4.44%
    American Indian 6 $1,090,000 $181,667 $3,002 3.21%
    Asian 2 $380,000 $190,000 $3,298 5.13%
    Filipino 1 $235,000 $235,000 $3,307 2.88%

    Approval Rates

    Total approvals of all applications
    94.34%

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

    Pick Rate

    Approvals leading to origination
    86.23%

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

    Points and Fees

    Points Originations Total Value Average Loan
    NA 806 $150,150,000 $186,290

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 6 $3,330,000 $555,000
    Single Family (1-4 Units):Manufactured 14 $1,240,000 $88,571
    Single Family (1-4 Units):Site-Built 786 $145,580,000 $185,216

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 85 $11,635,000 $136,882 $2,774 3.75%
    40-60% 181 $31,225,000 $172,514 $2,825 3.62%
    60-80% 346 $71,650,000 $207,081 $2,945 3.86%
    80-100% 178 $33,860,000 $190,225 $3,023 4.21%
    Under 20% 16 $1,780,000 $111,250 $1,980 5.05%

    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 $81,460
    The City National Bank of Sulphur Springs 120 North Main Street Yantis, TX 75497 Full Service B&M $55,272
    The City National Bank of Sulphur Springs 200 N Pacific St Mineola, TX 75773 Full Service B&M $59,554
    The City National Bank of Sulphur Springs 201 Connally Street Sulphur Springs, TX 75482 Full Service B&M $193,175
    The City National Bank of Sulphur Springs 205 Beaulah Street Hawkins, TX 75765 Full Service B&M $24,885
    The City National Bank of Sulphur Springs 210 South Main St Winnsboro, TX 75494 Full Service B&M $66,613
    The City National Bank of Sulphur Springs 2454 South Fm 2869 Hawkins, TX 75765 Full Service B&M $27,438
    The City National Bank of Sulphur Springs 300 West Frank Street Grand Saline, TX 75140 Full Service B&M $26,729
    The City National Bank of Sulphur Springs 500 North Fourth Street Wills Point, TX 75169 Full Service B&M $97,069
    The City National Bank of Sulphur Springs 501 E. Goode Street Quitman, TX 75783 Full Service B&M $37,139
    The City National Bank of Sulphur Springs 700 East Lennon Drive Emory, TX 75440 Full Service B&M $15,376
    The City National Bank of Sulphur Springs 875 W Dallas St Canton, TX 75103 Full Service B&M $48,848
    The City National Bank of Sulphur Springs 895 E. Broadway Gladewater, TX 75647 Full Service B&M $11,366

    For 2020, The City National Bank Of Sulphur Springs had 13 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $36,990
    Net interest income $33,740
    Total noninterest income $9,629
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $1,886
    Trading account gains and fees $0
    Additional Noninterest Income $7,743
    Pre-tax net operating income $15,259
    Securities gains (or losses, -) $-33
    Income before extraordinary items $15,210
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $15,210
    Minority interest net income $0
    Net income $15,210
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $15,243

    The City National Bank Of Sulphur Springs's gross interest income from loans was $36,990,000.
    The City National Bank Of Sulphur Springs's net interest income from loans was $33,740,000.
    The City National Bank Of Sulphur Springs's fee based income from loans was $1,886,000.
    The City National Bank Of Sulphur Springs's net income from loans was $15,210,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,250
    Provision for credit losses $2,225
    Total noninterest expense $25,885
    Salaries and employee benefits $15,796
    Premises and equipment expense $4,101
    Additional noninterest expense $5,988
    Applicable income taxes $16
    Net charge-offs $572
    Cash dividends $8,643

    The City National Bank Of Sulphur Springs's interest expense for loans was $3,250,000.
    The City National Bank Of Sulphur Springs's payroll and benefits expense were $15,796,000.
    The City National Bank Of Sulphur Springs's property, plant and equipment expenses $4,101,000.

    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 $796,662
    Deposits held in domestic offices $796,662
    Deposits by Individuals, partnerships, and corporations $731,905
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $64,757
    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 $79,007
    Demand deposits $50,601
    Nontransaction accounts $717,655
    Money market deposit accounts (MMDAs) $462,145
    Other savings deposits (excluding MMDAs) $96,561
    Total time deposits $158,949
    Total time and savings deposits $746,061
    Noninterest-bearing deposits $50,601
    Interest-bearing deposits $746,061
    Retail deposits $766,975
    IRAs and Keogh plan accounts $27,264
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $906,196
    Cash & Balances due from depository institutions $35,236
    Interest-bearing balances $15,346
    Total securities $247,088
    Federal funds sold & reverse repurchase $0
    Net loans and leases $569,170
    Loan and leases loss allowance $7,854
    Trading account assets $0
    Bank premises and fixed assets $15,793
    Other real estate owned $947
    Goodwill and other intangibles $12,380
    All other assets $25,582

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $906,195
    Total Liabilities $802,737
    Total deposits $796,662
    Interest-bearing deposits $746,061
    Deposits held in domestic offices $796,662
    % insured (estimated) $79
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $6,075

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $569,170
    Loan and leases loss allowance $7,854
    Total loans and leases (domestic) $577,024
    All real estate loans $439,200
    Real estate loans in domestic offices $439,200
    Construction and development loans $38,059
    Residential 1-4 family construction $23,490
    Other construction, all land development and other land $14,569
    Loans secured by nonfarm nonresidential properties $95,068
    Nonfarm nonresidential secured by owner-occupied properties $20,521
    Commercial real estate & other non-farm, non-residential $74,547
    Multifamily residential real estate $15,077
    1-4 family residential loans $233,031
    Farmland loans $57,965
    Loans held in foreign offices $0
    Farm loans $27,781
    Commercial and industrial loans $64,523
    To non-U.S. addressees $0
    Loans to individuals $44,291
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $17,740
    Other loans to individuals $26,551
    All other loans & leases $1,228
    Loans to foreign governments and official institutions $0
    Other loans $392
    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 $766
    Non 1-4 family restructured loans & leases $499
    Total loans and leases (foreign) $0

    The City National Bank of Sulphur Springs had $569,170,000 of loans outstanding in 2020. $439,200,000 of loans were in real estate loans. $38,059,000 of loans were in development loans. $15,077,000 of loans were in multifamily mortgage loans. $233,031,000 of loans were in 1-4 family mortgage loans. $27,781,000 of loans were in farm loans. $0 of loans were in credit card loans. $17,740,000 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 429 $60,592 $141,240
    Nonfarm, nonresidential loans - <$100k 181 $8,089 $44,691
    Nonfarm, nonresidential loans - $100-250k 164 $20,818 $126,939
    Nonfarm, nonresidential loans - $250k-1MM 84 $31,685 $377,202
    Commercial & Industrial, US addressed loans - <$1MM 1,580 $57,619 $36,468
    Commercial & Industrial, US addressed loans - <$100k 1,397 $28,786 $20,606
    Commercial & Industrial, US addressed loans - $100-250k 139 $16,662 $119,871
    Commercial & Industrial, US addressed loans - $250k-1MM 44 $12,171 $276,614
    Farmland loans - <$1MM 486 $42,833 $88,134
    Farmland loans - <$100k 294 $12,280 $41,769
    Farmland loans - $100-250k 154 $19,408 $126,026
    Farmland loans - $250k-1MM 38 $11,145 $293,289
    Agriculture operations loans - <$1MM 1,122 $22,856 $20,371
    Agriculture operations loans - <$100k 1,065 $16,997 $15,960
    Agriculture operations loans - $100-250k 49 $4,362 $89,020
    Agriculture operations loans - $250k-1MM 8 $1,497 $187,125