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

Review & Overview

The City National Bank Of Sulphur Springs is a smaller bank specializing in Home Purchase 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, Jacksonville, Longview, and Mount Pleasant among others. We have data for 22 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

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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

724

Origination Dollar Volume (All Markets)

$162,480,000

Employee count

261

Awards

The City National Bank of Sulphur Springs 30 Year Conventional Loans silver

The City National Bank of Sulphur Springs 30 Year Conventional Loans gold

Show all (3) 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	332	$67,510,000	$203,343	$3,008	4.01%
Sulphur Springs, TX (FHA\|USDA\|VA)	202	$39,210,000	$194,109	$2,906	3.99%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	79	$20,745,000	$262,595	$3,497	3.73%
Jacksonville, TX (FHA\|USDA\|VA)	2	$13,270,000	$6,635,000	$4,338	3.94%
LONGVIEW, TX (FHA\|USDA\|VA)	33	$4,435,000	$134,394	$3,003	4.45%
Mount Pleasant, TX (FHA\|USDA\|VA)	26	$4,080,000	$156,923	$3,096	4.10%
TYLER, TX (FHA\|USDA\|VA)	11	$2,845,000	$258,636	$2,779	3.57%
COLLEGE STATION-BRYAN, TX (FHA\|USDA\|VA)	2	$2,620,000	$1,310,000	$0	4.63%
TEXARKANA, TX-AR (FHA\|USDA\|VA)	17	$2,595,000	$152,647	$3,376	4.80%
Athens, TX (FHA\|USDA\|VA)	5	$1,475,000	$295,000	$2,571	4.63%
Durango, CO (FHA\|USDA\|VA)	1	$585,000	$585,000	$0	4.50%
Bonham, TX (FHA\|USDA\|VA)	2	$470,000	$235,000	$2,841	4.19%
Durant, OK (FHA\|USDA\|VA)	1	$465,000	$465,000	$0	4.50%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	2	$420,000	$210,000	$4,177	5.00%
SHREVEPORT-BOSSIER CITY, LA (FHA\|USDA\|VA)	2	$410,000	$205,000	$2,614	4.58%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA\|USDA\|VA)	1	$305,000	$305,000	$2,770	3.88%
Paris, TX (FHA\|USDA\|VA)	1	$265,000	$265,000	$2,874	4.25%
WACO, TX (FHA\|USDA\|VA)	1	$255,000	$255,000	$4,102	3.25%
Nacogdoches, TX (FHA\|USDA\|VA)	1	$235,000	$235,000	$4,530	3.25%
JACKSON, MS (FHA\|USDA\|VA)	1	$125,000	$125,000	$1,973	2.75%
Beeville, TX (FHA\|USDA\|VA)	1	$85,000	$85,000	$2,520	4.00%
ABILENE, TX (FHA\|USDA\|VA)	1	$75,000	$75,000	$2,268	2.88%

The City National Bank Of Sulphur Springs's top markets include Sulphur Springs, Dallas, Jacksonville, Longview, and Mount Pleasant among others.

Their top states include:

Texas (FHA|USDA|VA)

Colorado (FHA|USDA|VA)

Oklahoma (FHA|USDA|VA)

Arkansas (FHA|USDA|VA)

Louisiana (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.

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FC LENDING, LTD.
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Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	724	$162,480,000	$224,420	$3,032	4.01%

For 2021, The City National Bank Of Sulphur Springs's most frequently originated type of loan was Conventional, with 724 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	366	$91,680,000	$250,492	$3,085	4.22%
Cash Out Refi	172	$37,160,000	$216,047	$3,316	4.04%
Refi	130	$27,540,000	$211,846	$2,682	3.13%
Home Improvement	39	$3,445,000	$88,333	$2,281	5.03%
Other	17	$2,655,000	$156,176	$3,287	3.78%

For 2021, The City National Bank Of Sulphur Springs's most frequently cited loan purpose was Home Purchase, with 366 originations. The 2nd most popular reason was Cash Out Refi, with 172 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	348	$78,070,000	$224,339	$3,184	3.73%
15 Year	145	$21,355,000	$147,276	$3,010	3.72%
20 Year	110	$19,370,000	$176,091	$2,604	4.50%
Other	45	$13,085,000	$290,778	$2,502	4.78%
5 Year	28	$10,080,000	$360,000	$0	4.66%
10 Year	27	$3,345,000	$123,889	$2,183	4.35%
1 Year	16	$2,910,000	$181,875	$2,477	5.37%
30+ year	4	$13,590,000	$3,397,500	$2,687	4.57%
3 Year	1	$675,000	$675,000	$0	5.50%

For 2021, The City National Bank Of Sulphur Springs's most frequently cited loan duration was 30 Year, with 348 originations. The 2nd most popular length was 15 Year, with 145 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$<1k	509	$102,585,000	$201,542
$1k-2k	6	$990,000	$165,000
$2k-3k	5	$1,165,000	$233,000
$3k-4k	4	$1,480,000	$370,000
$5k+	3	$1,375,000	$458,333
$4k-5k	2	$780,000	$390,000

The City National Bank Of Sulphur Springs's average total fees were $3,184, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 509 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
3-4%	217	$60,915,000	$280,714
4-5%	205	$47,645,000	$232,415
2.5-3%	134	$28,720,000	$214,328
5-6%	72	$9,210,000	$127,917
<2.5%	57	$11,395,000	$199,912
6-7%	22	$2,590,000	$117,727
7-8%	11	$1,585,000	$144,091
Over 8%	6	$420,000	$70,000

During 2021, 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 3-4%, with 217 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-200k	255	$37,255,000	$146,098	$2,712	3.95%
$200k-400k	237	$64,625,000	$272,679	$3,347	3.64%
$100,000 or less	180	$12,140,000	$67,444	$2,354	4.68%
$400k-600k	40	$18,760,000	$469,000	$4,884	3.57%
$1MM+	6	$25,610,000	$4,268,333	$4,658	4.32%
$600k-1MM	6	$4,090,000	$681,667	$6,534	4.53%

2021 saw The City National Bank Of Sulphur Springs place emphasis on $100k-200k loans with 255 originations, totaling $37,255,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	184	$40,460,000	$219,891	$3,059	3.84%
$150k-250k	131	$33,325,000	$254,389	$3,419	3.79%
$50k-75k	113	$15,285,000	$135,265	$2,634	4.11%
$75k-100k	109	$19,065,000	$174,908	$3,119	3.79%
$50k or less	71	$6,705,000	$94,437	$2,601	4.05%
$250k+	54	$15,210,000	$281,667	$3,642	4.36%

The City National Bank Of Sulphur Springs lent most frequently to those with incomes in the $100k-150k range, with 184 originations. The second most popular income band? $150k-250k, with 131 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	164	$33,430,000	$203,841	$3,010	3.64%
30-36%	146	$30,080,000	$206,027	$3,064	3.79%
<20%	82	$14,110,000	$172,073	$2,768	3.69%
>60%	38	$6,970,000	$183,421	$2,812	5.20%
50-60%	24	$4,830,000	$201,250	$2,928	4.78%
38%	23	$3,595,000	$156,304	$2,851	3.95%
41%	22	$4,820,000	$219,091	$3,563	4.01%
44%	22	$4,250,000	$193,182	$3,005	4.09%
37%	20	$4,060,000	$203,000	$2,975	3.71%
36%	19	$3,645,000	$191,842	$3,410	3.80%
39%	18	$3,050,000	$169,444	$3,396	4.16%
42%	15	$2,305,000	$153,667	$2,539	3.93%
43%	14	$2,550,000	$182,143	$2,939	3.85%
45%	13	$2,575,000	$198,077	$2,706	4.56%
40%	12	$2,330,000	$194,167	$3,037	4.15%
48%	9	$1,745,000	$193,889	$2,489	4.44%
46%	9	$2,665,000	$296,111	$3,923	3.97%
49%	7	$1,255,000	$179,286	$3,034	4.50%
47%	6	$2,100,000	$350,000	$5,146	3.83%

The City National Bank Of Sulphur Springs lent most frequently to those with DTI ratios of 20-30%, with 164 originations. The next most common DTI ratio? 30-36%, with 146 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	606	$118,060,000	$194,818	$3,004	3.94%
Not applicable	60	$32,160,000	$536,000	$0	4.89%
Not provided	42	$9,800,000	$233,333	$3,604	3.79%
American Indian	5	$1,105,000	$221,000	$3,076	3.25%
Black	8	$890,000	$111,250	$2,250	4.94%
Asian	2	$360,000	$180,000	$2,677	3.19%
Asian Indian	1	$105,000	$105,000	$0	4.50%

Approval Rates

Total approvals of all applications
93.48%

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

Pick Rate

Approvals leading to origination
85.22%

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

Points and Fees

Points	Originations	Total Value	Average Loan
NA	724	$162,480,000	$224,420

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	724	$162,480,000	$224,420

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	51	$6,055,000	$118,725	$2,788	4.06%
40-60%	177	$37,775,000	$213,418	$2,953	3.70%
60-80%	302	$83,680,000	$277,086	$3,139	4.01%
80-100%	175	$33,805,000	$193,171	$3,211	4.31%
Over 100%	1	$55,000	$55,000	$2,158	6.50%
Under 20%	18	$1,110,000	$61,667	$1,951	4.07%

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
The City National Bank of Sulphur Springs	101 Us Highway 67 East Naples, TX 75568	Full Service B&M	$45,333
The City National Bank of Sulphur Springs	1133 Mockingbird Lane Sulphur Springs, TX 75482	Full Service B&M	$99,693
The City National Bank of Sulphur Springs	120 North Main Street Yantis, TX 75497	Full Service B&M	$68,678
The City National Bank of Sulphur Springs	200 N Pacific St Mineola, TX 75773	Full Service B&M	$77,339
The City National Bank of Sulphur Springs	201 Connally St Sulphur Springs, TX 75482	Full Service B&M	$217,388
The City National Bank of Sulphur Springs	205 Beaulah Street Hawkins, TX 75765	Full Service B&M	$31,282
The City National Bank of Sulphur Springs	210 South Main St Winnsboro, TX 75494	Full Service B&M	$72,946
The City National Bank of Sulphur Springs	220 E. Jefferson Street Pittsburg, TX 75686	Full Service B&M	$4,652
The City National Bank of Sulphur Springs	2454 South Fm 2869 Hawkins, TX 75765	Full Service B&M	$31,027
The City National Bank of Sulphur Springs	300 West Frank Street Grand Saline, TX 75140	Full Service B&M	$35,854
The City National Bank of Sulphur Springs	401 Hwy 59 N Queen City, TX 75572	Full Service B&M	$32,147
The City National Bank of Sulphur Springs	500 North Fourth Street Wills Point, TX 75169	Full Service B&M	$110,327
The City National Bank of Sulphur Springs	501 E. Goode Street Quitman, TX 75783	Full Service B&M	$44,759
The City National Bank of Sulphur Springs	700 East Lennon Drive Emory, TX 75440	Full Service B&M	$22,248
The City National Bank of Sulphur Springs	875 W Dallas St Canton, TX 75103	Full Service B&M	$61,350
The City National Bank of Sulphur Springs	895 E. Broadway Gladewater, TX 75647	Full Service B&M	$12,736

For 2021, The City National Bank Of Sulphur Springs had 16 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$40,376
Net interest income	$38,287
Total noninterest income	$12,374
Gross Fiduciary activities income	$0
Service charges on deposit accounts	$2,226
Trading account gains and fees	$0
Additional Noninterest Income	$10,148
Pre-tax net operating income	$18,790
Securities gains (or losses, -)	$6
Income before extraordinary items	$18,793
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$18,793
Minority interest net income	$0
Net income	$18,793
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$18,787

The City National Bank Of Sulphur Springs's gross interest income from loans was $40,376,000.
The City National Bank Of Sulphur Springs's net interest income from loans was $38,287,000.
The City National Bank Of Sulphur Springs's fee based income from loans was $2,226,000.
The City National Bank Of Sulphur Springs's net income from loans was $18,793,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$2,089
Provision for credit losses	$1,000
Total noninterest expense	$30,871
Salaries and employee benefits	$18,133
Premises and equipment expense	$5,175
Additional noninterest expense	$7,563
Applicable income taxes	$3
Net charge-offs	$305
Cash dividends	$17,846

The City National Bank Of Sulphur Springs's interest expense for loans was $2,089,000.
The City National Bank Of Sulphur Springs's payroll and benefits expense were $18,133,000.
The City National Bank Of Sulphur Springs's property, plant and equipment expenses $5,175,000.

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	$1,023,091
Deposits held in domestic offices	$1,023,091
Deposits by Individuals, partnerships, and corporations	$927,615
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$95,465
Deposits by Commercial banks and other depository institutions in U.S.	$11
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$643,389
Demand deposits	$354,596
Nontransaction accounts	$379,702
Money market deposit accounts (MMDAs)	$59,179
Other savings deposits (excluding MMDAs)	$140,713
Total time deposits	$179,809
Total time and savings deposits	$668,495
Noninterest-bearing deposits	$354,596
Interest-bearing deposits	$668,495
Retail deposits	$984,905
IRAs and Keogh plan accounts	$30,265
Brokered deposits	$0
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$1,143,335
Cash & Balances due from depository institutions	$54,013
Interest-bearing balances	$32,946
Total securities	$385,681
Federal funds sold & reverse repurchase	$0
Net loans and leases	$641,740
Loan and leases loss allowance	$8,549
Trading account assets	$0
Bank premises and fixed assets	$18,761
Other real estate owned	$271
Goodwill and other intangibles	$13,399
All other assets	$29,470

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$1,143,335
Total Liabilities	$1,029,778
Total deposits	$1,023,091
Interest-bearing deposits	$668,495
Deposits held in domestic offices	$1,023,091
% insured (estimated)	$77
Federal funds purchased and repurchase agreements	$0
Trading liabilities	$0
Other borrowed funds	$0
Subordinated debt	$0
All other liabilities	$6,687

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$641,740
Loan and leases loss allowance	$8,549
Total loans and leases (domestic)	$650,289
All real estate loans	$514,417
Real estate loans in domestic offices	$514,417
Construction and development loans	$54,664
Residential 1-4 family construction	$34,469
Other construction, all land development and other land	$20,195
Loans secured by nonfarm nonresidential properties	$107,495
Nonfarm nonresidential secured by owner-occupied properties	$28,074
Commercial real estate & other non-farm, non-residential	$79,421
Multifamily residential real estate	$13,059
1-4 family residential loans	$252,920
Farmland loans	$86,279
Loans held in foreign offices	$0
Farm loans	$30,347
Commercial and industrial loans	$53,247
To non-U.S. addressees	$0
Loans to individuals	$50,925
Credit card loans	$0
Related Plans	$0
Consumer Auto Loans	$21,409
Other loans to individuals	$29,516
All other loans & leases	$1,353
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	$764
Non 1-4 family restructured loans & leases	$407
Total loans and leases (foreign)	$0

The City National Bank of Sulphur Springs had $641,740,000 of loans outstanding in 2021. $514,417,000 of loans were in real estate loans. $54,664,000 of loans were in development loans. $13,059,000 of loans were in multifamily mortgage loans. $252,920,000 of loans were in 1-4 family mortgage loans. $30,347,000 of loans were in farm loans. $0 of loans were in credit card loans. $21,409,000 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	519	$68,370	$131,734
Nonfarm, nonresidential loans - <$100k	219	$9,562	$43,662
Nonfarm, nonresidential loans - $100-250k	198	$24,909	$125,803
Nonfarm, nonresidential loans - $250k-1MM	102	$33,899	$332,343
Commercial & Industrial, US addressed loans - <$1MM	1,511	$50,015	$33,101
Commercial & Industrial, US addressed loans - <$100k	1,343	$27,295	$20,324
Commercial & Industrial, US addressed loans - $100-250k	121	$11,872	$98,116
Commercial & Industrial, US addressed loans - $250k-1MM	47	$10,848	$230,809
Farmland loans - <$1MM	580	$56,131	$96,778
Farmland loans - <$100k	330	$14,218	$43,085
Farmland loans - $100-250k	191	$24,595	$128,770
Farmland loans - $250k-1MM	59	$17,318	$293,525
Agriculture operations loans - <$1MM	1,254	$24,551	$19,578
Agriculture operations loans - <$100k	1,185	$18,525	$15,633
Agriculture operations loans - $100-250k	61	$4,847	$79,459
Agriculture operations loans - $250k-1MM	8	$1,179	$147,375