Cattle Bank & Trust Mortgage Rates, Fees & Info
Seward, NELEI: 254900XA8J7Y4KR7AI02
Tax ID: 47-0121680
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Mortgage Data
Bank Data
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.
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Originations
152Origination Dollar Volume (All Markets)
$20,790,000Employee count
48Top 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) | 137 | $18,665,000 | $136,241 | $0 | 0.00% |
| Outside of Metro Areas | 15 | $2,125,000 | $141,667 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 152 | $20,790,000 | $136,776 | $0 | 0.00% |
For 2019, Cattle Bank & Trust's most frequently originated type of loan was Conventional, with 152 originations.
Loan Reason
For 2019, Cattle Bank & Trust's most frequently cited loan purpose was Home Purchase, with 71 originations. The 2nd most popular reason was Refi, with 64 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 152 | $20,790,000 | $136,776 | $0 | 0.00% |
For 2019, Cattle Bank & Trust's most frequently cited loan duration was Other, with 152 originations.
Loan Sizing
2019 saw Cattle Bank & Trust place emphasis on $100,000 or less loans with 81 originations, totaling $5,625,000 in origination value.
Applicant Income
Cattle Bank & Trust lent most frequently to those with incomes in the $100k-150k range, with 16 originations. The second most popular income band? $50k or less, with 13 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 152 | $20,790,000 | $136,776 | $0 | 0.00% |
Cattle Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 152 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.20%
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 originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 152 | $20,790,000 | $136,776 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 12 | $4,680,000 | $390,000 |
| Single Family (1-4 Units):Site-Built | 140 | $16,110,000 | $115,071 |
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 | $181,003 |
| Cattle Bank and Trust | 1550 South Coddington Ave., Suite R Lincoln, NE 68522 | Full Service B&M | $21,395 |
| 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 | $20,040 |
| Cattle Bank and Trust | 6550 Merchant Drive Lincoln, NE 68521 | Full Service B&M | $10,832 |
For 2019, Cattle Bank & Trust had 5 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $12,140 |
| Net interest income | $9,443 |
| Total noninterest income | $1,247 |
| Gross Fiduciary activities income | $269 |
| Service charges on deposit accounts | $211 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $767 |
| Pre-tax net operating income | $4,117 |
| Securities gains (or losses, -) | $3 |
| Income before extraordinary items | $4,009 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $4,009 |
| Minority interest net income | $0 |
| Net income | $4,009 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $4,006 |
Cattle Bank & Trust's gross interest income from loans was $12,140,000.
Cattle Bank & Trust's net interest income from loans was $9,443,000.
Cattle Bank & Trust's fee based income from loans was $211,000.
Cattle Bank & Trust's net income from loans was $4,009,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $2,697 |
| Provision for credit losses | $0 |
| Total noninterest expense | $6,573 |
| Salaries and employee benefits | $4,269 |
| Premises and equipment expense | $920 |
| Additional noninterest expense | $1,384 |
| Applicable income taxes | $111 |
| Net charge-offs | $-142 |
| Cash dividends | $2,300 |
Cattle Bank & Trust's interest expense for loans was $2,697,000.
Cattle Bank & Trust's payroll and benefits expense were $4,269,000.
Cattle Bank & Trust's property, plant and equipment expenses $920,000.
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 | 1.0% |
| 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 | 3.0% |
| 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 | $244,190 |
| Deposits held in domestic offices | $244,190 |
| Deposits by Individuals, partnerships, and corporations | $198,805 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $28,449 |
| Deposits by Commercial banks and other depository institutions in U.S. | $16,937 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $109,120 |
| Demand deposits | $45,360 |
| Nontransaction accounts | $135,071 |
| Money market deposit accounts (MMDAs) | $15,931 |
| Other savings deposits (excluding MMDAs) | $29,533 |
| Total time deposits | $89,606 |
| Total time and savings deposits | $198,831 |
| Noninterest-bearing deposits | $43,336 |
| Interest-bearing deposits | $200,854 |
| Retail deposits | $223,990 |
| IRAs and Keogh plan accounts | $10,644 |
| Brokered deposits | $2,496 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $289,150 |
| Cash & Balances due from depository institutions | $8,246 |
| Interest-bearing balances | $2,349 |
| Total securities | $48,445 |
| Federal funds sold & reverse repurchase | $3,446 |
| Net loans and leases | $215,057 |
| Loan and leases loss allowance | $3,082 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $6,555 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $7,401 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $289,150 |
| Total Liabilities | $251,636 |
| Total deposits | $244,190 |
| Interest-bearing deposits | $200,854 |
| Deposits held in domestic offices | $244,190 |
| % insured (estimated) | $80 |
| Federal funds purchased and repurchase agreements | $5,323 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $2,123 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $215,057 |
| Loan and leases loss allowance | $3,082 |
| Total loans and leases (domestic) | $218,139 |
| All real estate loans | $175,968 |
| Real estate loans in domestic offices | $175,968 |
| Construction and development loans | $19,095 |
| Residential 1-4 family construction | $9,615 |
| Other construction, all land development and other land | $9,480 |
| Loans secured by nonfarm nonresidential properties | $42,406 |
| Nonfarm nonresidential secured by owner-occupied properties | $3,048 |
| Commercial real estate & other non-farm, non-residential | $39,358 |
| Multifamily residential real estate | $12,819 |
| 1-4 family residential loans | $64,456 |
| Farmland loans | $37,192 |
| Loans held in foreign offices | $0 |
| Farm loans | $22,128 |
| Commercial and industrial loans | $12,192 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $2,157 |
| Credit card loans | $0 |
| Related Plans | $21 |
| Consumer Auto Loans | $1,168 |
| Other loans to individuals | $968 |
| All other loans & leases | $5,782 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $279 |
| 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 | $568 |
| Non 1-4 family restructured loans & leases | $568 |
| Total loans and leases (foreign) | $0 |
CATTLE BANK & TRUST had $215,057,000 of loans outstanding in 2019. $175,968,000 of loans were in real estate loans. $19,095,000 of loans were in development loans. $12,819,000 of loans were in multifamily mortgage loans. $64,456,000 of loans were in 1-4 family mortgage loans. $22,128,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,168,000 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 | 101 | $18,859 | $186,723 |
| Nonfarm, nonresidential loans - <$100k | 30 | $1,801 | $60,033 |
| Nonfarm, nonresidential loans - $100-250k | 42 | $5,489 | $130,690 |
| Nonfarm, nonresidential loans - $250k-1MM | 29 | $11,569 | $398,931 |
| Commercial & Industrial, US addressed loans - <$1MM | 195 | $12,192 | $62,523 |
| Commercial & Industrial, US addressed loans - <$100k | 150 | $4,361 | $29,073 |
| Commercial & Industrial, US addressed loans - $100-250k | 34 | $4,069 | $119,676 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 11 | $3,762 | $342,000 |
| Farmland loans - <$1MM | 103 | $14,426 | $140,058 |
| Farmland loans - <$100k | 24 | $875 | $36,458 |
| Farmland loans - $100-250k | 47 | $5,692 | $121,106 |
| Farmland loans - $250k-1MM | 32 | $7,859 | $245,594 |
| Agriculture operations loans - <$1MM | 202 | $14,486 | $71,713 |
| Agriculture operations loans - <$100k | 124 | $3,901 | $31,460 |
| Agriculture operations loans - $100-250k | 54 | $5,580 | $103,333 |
| Agriculture operations loans - $250k-1MM | 24 | $5,005 | $208,542 |