Cattle Bank & Trust Mortgage Rates, Fees & Info

Seward, NE

LEI: 254900XA8J7Y4KR7AI02

Tax ID: 47-0121680

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Mortgage Data

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

    Cattle Bank & Trust is a smaller bank specializing in Home Purchase and Refi loans. Cattle Bank & Trust has a high proportion of conventional loans. Their top (well, only) market is Lincoln.

    Cattle Bank & Trust has an above average approval rate when compared to the average across all lenders. They have an above 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

    187

    Origination Dollar Volume (All Markets)

    $23,245,000

    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
    LINCOLN, NE (FHA|USDA|VA) 173 $21,505,000 $124,306 $0 0.00%
    Outside of Metro Areas 14 $1,740,000 $124,286 $0 0.00%
    Cattle Bank & Trust's top markets include and Lincoln among others.

    Their top states include:
  • Nebraska (FHA|USDA|VA)
  • (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 187 $23,245,000 $124,305 $0 0.00%

    For 2018, Cattle Bank & Trust's most frequently originated type of loan was Conventional, with 187 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 91 $11,815,000 $129,835 $0 0.00%
    Refi 88 $10,830,000 $123,068 $0 0.00%
    Other 6 $510,000 $85,000 $0 0.00%
    Home Improvement 2 $90,000 $45,000 $0 0.00%

    For 2018, Cattle Bank & Trust's most frequently cited loan purpose was Home Purchase, with 91 originations. The 2nd most popular reason was Refi, with 88 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 187 $23,245,000 $124,305 $0 0.00%

    For 2018, Cattle Bank & Trust's most frequently cited loan duration was Other, with 187 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 96 $6,540,000 $68,125 $0 0.00%
    $100k-200k 74 $10,350,000 $139,865 $0 0.00%
    $200k-400k 13 $3,235,000 $248,846 $0 0.00%
    $400k-600k 2 $920,000 $460,000 $0 0.00%
    $1MM+ 1 $1,395,000 $1,395,000 $0 0.00%
    $600k-1MM 1 $805,000 $805,000 $0 0.00%

    2018 saw Cattle Bank & Trust place emphasis on $100,000 or less loans with 96 originations, totaling $6,540,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 13 $1,235,000 $95,000 $0 0.00%
    $100k-150k 9 $905,000 $100,556 $0 0.00%
    $50k-75k 9 $1,095,000 $121,667 $0 0.00%
    $250k+ 8 $1,170,000 $146,250 $0 0.00%
    $50k or less 8 $790,000 $98,750 $0 0.00%
    $75k-100k 6 $640,000 $106,667 $0 0.00%

    Cattle Bank & Trust lent most frequently to those with incomes in the $150k-250k range, with 13 originations. The second most popular income band? $100k-150k, with 9 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 187 $23,245,000 $124,305 $0 0.00%

    Cattle Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 187 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 134 $17,410,000 $129,925 $0 0.00%
    White 50 $5,580,000 $111,600 $0 0.00%
    Asian 2 $150,000 $75,000 $0 0.00%
    Not provided 1 $105,000 $105,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    98.47%

    Cattle Bank & Trust has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    96.79%

    Cattle Bank & Trust has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 187 $23,245,000 $124,305

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 14 $2,740,000 $195,714
    Single Family (1-4 Units):Site-Built 173 $20,505,000 $118,526

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Cattle Bank and Trust 104 South 5th Seward, NE 68434 Full Service B&M $167,116
    Cattle Bank and Trust 1550 South Coddington Ave., Suite R Lincoln, NE 68522 Full Service B&M $19,034
    Cattle Bank and Trust 405 North Fifth Street Seward, NE 68434 Limited, Drive-thru $0
    Cattle Bank and Trust 5800 Hidcote Ave., Suite 106 Lincoln, NE 68516 Full Service B&M $25,235
    Cattle Bank and Trust 6550 Merchant Drive Lincoln, NE 68521 Full Service B&M $7,272

    For 2018, Cattle Bank & Trust had 5 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $11,281
    Net interest income $9,448
    Total noninterest income $1,400
    Gross Fiduciary activities income $291
    Service charges on deposit accounts $211
    Trading account gains and fees $0
    Additional Noninterest Income $898
    Pre-tax net operating income $4,330
    Securities gains (or losses, -) $0
    Income before extraordinary items $4,225
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $4,225
    Minority interest net income $0
    Net income $4,225
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $4,225

    Cattle Bank & Trust's gross interest income from loans was $11,281,000.
    Cattle Bank & Trust's net interest income from loans was $9,448,000.
    Cattle Bank & Trust's fee based income from loans was $211,000.
    Cattle Bank & Trust's net income from loans was $4,225,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,833
    Provision for credit losses $0
    Total noninterest expense $6,518
    Salaries and employee benefits $4,242
    Premises and equipment expense $925
    Additional noninterest expense $1,351
    Applicable income taxes $105
    Net charge-offs $-272
    Cash dividends $1,900

    Cattle Bank & Trust's interest expense for loans was $1,833,000.
    Cattle Bank & Trust's payroll and benefits expense were $4,242,000.
    Cattle Bank & Trust's property, plant and equipment expenses $925,000.

    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 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    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 $234,562
    Deposits held in domestic offices $234,562
    Deposits by Individuals, partnerships, and corporations $187,720
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $35,174
    Deposits by Commercial banks and other depository institutions in U.S. $11,668
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $108,426
    Demand deposits $44,123
    Nontransaction accounts $126,136
    Money market deposit accounts (MMDAs) $18,901
    Other savings deposits (excluding MMDAs) $27,550
    Total time deposits $79,685
    Total time and savings deposits $190,439
    Noninterest-bearing deposits $42,241
    Interest-bearing deposits $192,321
    Retail deposits $214,951
    IRAs and Keogh plan accounts $10,048
    Brokered deposits $2,496
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $280,780
    Cash & Balances due from depository institutions $8,084
    Interest-bearing balances $1,073
    Total securities $47,501
    Federal funds sold & reverse repurchase $238
    Net loans and leases $210,949
    Loan and leases loss allowance $2,940
    Trading account assets $0
    Bank premises and fixed assets $6,292
    Other real estate owned $394
    Goodwill and other intangibles $0
    All other assets $7,322

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $280,780
    Total Liabilities $245,903
    Total deposits $234,562
    Interest-bearing deposits $192,321
    Deposits held in domestic offices $234,562
    % insured (estimated) $78
    Federal funds purchased and repurchase agreements $9,203
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $2,138

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $210,949
    Loan and leases loss allowance $2,940
    Total loans and leases (domestic) $213,889
    All real estate loans $174,922
    Real estate loans in domestic offices $174,922
    Construction and development loans $22,668
    Residential 1-4 family construction $13,414
    Other construction, all land development and other land $9,254
    Loans secured by nonfarm nonresidential properties $39,903
    Nonfarm nonresidential secured by owner-occupied properties $3,013
    Commercial real estate & other non-farm, non-residential $36,890
    Multifamily residential real estate $12,554
    1-4 family residential loans $64,272
    Farmland loans $35,525
    Loans held in foreign offices $0
    Farm loans $19,732
    Commercial and industrial loans $10,814
    To non-U.S. addressees $0
    Loans to individuals $1,572
    Credit card loans $0
    Related Plans $30
    Consumer Auto Loans $882
    Other loans to individuals $660
    All other loans & leases $6,935
    Loans to foreign governments and official institutions $0
    Other loans $265
    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 $580
    Non 1-4 family restructured loans & leases $580
    Total loans and leases (foreign) $0

    CATTLE BANK & TRUST had $210,949,000 of loans outstanding in 2018. $174,922,000 of loans were in real estate loans. $22,668,000 of loans were in development loans. $12,554,000 of loans were in multifamily mortgage loans. $64,272,000 of loans were in 1-4 family mortgage loans. $19,732,000 of loans were in farm loans. $0 of loans were in credit card loans. $882,000 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 95 $17,455 $183,737
    Nonfarm, nonresidential loans - <$100k 25 $1,517 $60,680
    Nonfarm, nonresidential loans - $100-250k 44 $5,803 $131,886
    Nonfarm, nonresidential loans - $250k-1MM 26 $10,135 $389,808
    Commercial & Industrial, US addressed loans - <$1MM 186 $10,814 $58,140
    Commercial & Industrial, US addressed loans - <$100k 148 $4,517 $30,520
    Commercial & Industrial, US addressed loans - $100-250k 28 $3,019 $107,821
    Commercial & Industrial, US addressed loans - $250k-1MM 10 $3,278 $327,800
    Farmland loans - <$1MM 96 $13,668 $142,375
    Farmland loans - <$100k 24 $971 $40,458
    Farmland loans - $100-250k 39 $4,507 $115,564
    Farmland loans - $250k-1MM 33 $8,190 $248,182
    Agriculture operations loans - <$1MM 198 $13,130 $66,313
    Agriculture operations loans - <$100k 125 $3,550 $28,400
    Agriculture operations loans - $100-250k 49 $5,083 $103,735
    Agriculture operations loans - $250k-1MM 24 $4,497 $187,375