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 Refi and Home Purchase 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.
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Originations
176Origination Dollar Volume (All Markets)
$33,480,000Employee count
47Top 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) | 152 | $30,320,000 | $199,474 | $0 | 0.00% |
| Outside of Metro Areas | 24 | $3,160,000 | $131,667 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 176 | $33,480,000 | $190,227 | $0 | 0.00% |
For 2020, Cattle Bank & Trust's most frequently originated type of loan was Conventional, with 176 originations.
Loan Reason
For 2020, Cattle Bank & Trust's most frequently cited loan purpose was Refi, with 97 originations. The 2nd most popular reason was Home Purchase, with 71 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 176 | $33,480,000 | $190,227 | $0 | 0.00% |
For 2020, Cattle Bank & Trust's most frequently cited loan duration was Other, with 176 originations.
Loan Sizing
2020 saw Cattle Bank & Trust place emphasis on $100k-200k loans with 68 originations, totaling $9,090,000 in origination value.
Applicant Income
Cattle Bank & Trust lent most frequently to those with incomes in the $150k-250k range, with 11 originations. The second most popular income band? $100k-150k, with 10 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 176 | $33,480,000 | $190,227 | $0 | 0.00% |
Cattle Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 176 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 135 | $26,575,000 | $196,852 | $0 | 0.00% |
| White | 41 | $6,905,000 | $168,415 | $0 | 0.00% |
Approval Rates
Total approvals of all applications92.12%
Cattle Bank & Trust has an average approval rate.
Pick Rate
Approvals leading to origination93.75%
Cattle Bank & Trust has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 176 | $33,480,000 | $190,227 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 25 | $13,515,000 | $540,600 |
| Single Family (1-4 Units):Site-Built | 151 | $19,965,000 | $132,219 |
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 | $193,972 |
| Cattle Bank and Trust | 1550 South Coddington Ave., Suite R Lincoln, NE 68522 | Full Service B&M | $24,908 |
| 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 | $23,454 |
| Cattle Bank and Trust | 6550 Merchant Drive Lincoln, NE 68521 | Full Service B&M | $13,953 |
For 2020, Cattle Bank & Trust had 5 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $11,783 |
| Net interest income | $9,439 |
| Total noninterest income | $1,336 |
| Gross Fiduciary activities income | $267 |
| Service charges on deposit accounts | $149 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $920 |
| Pre-tax net operating income | $3,987 |
| Securities gains (or losses, -) | $-2 |
| Income before extraordinary items | $3,864 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $3,864 |
| Minority interest net income | $0 |
| Net income | $3,864 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $3,865 |
Cattle Bank & Trust's gross interest income from loans was $11,783,000.
Cattle Bank & Trust's net interest income from loans was $9,439,000.
Cattle Bank & Trust's fee based income from loans was $149,000.
Cattle Bank & Trust's net income from loans was $3,864,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $2,344 |
| Provision for credit losses | $0 |
| Total noninterest expense | $6,788 |
| Salaries and employee benefits | $4,431 |
| Premises and equipment expense | $932 |
| Additional noninterest expense | $1,425 |
| Applicable income taxes | $121 |
| Net charge-offs | $-166 |
| Cash dividends | $2,300 |
Cattle Bank & Trust's interest expense for loans was $2,344,000.
Cattle Bank & Trust's payroll and benefits expense were $4,431,000.
Cattle Bank & Trust's property, plant and equipment expenses $932,000.
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 | $274,331 |
| Deposits held in domestic offices | $274,331 |
| Deposits by Individuals, partnerships, and corporations | $234,822 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $26,362 |
| Deposits by Commercial banks and other depository institutions in U.S. | $13,148 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $129,213 |
| Demand deposits | $54,621 |
| Nontransaction accounts | $145,119 |
| Money market deposit accounts (MMDAs) | $20,188 |
| Other savings deposits (excluding MMDAs) | $35,420 |
| Total time deposits | $89,511 |
| Total time and savings deposits | $219,711 |
| Noninterest-bearing deposits | $49,872 |
| Interest-bearing deposits | $224,459 |
| Retail deposits | $254,587 |
| IRAs and Keogh plan accounts | $11,001 |
| Brokered deposits | $2,496 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $324,793 |
| Cash & Balances due from depository institutions | $8,093 |
| Interest-bearing balances | $3,350 |
| Total securities | $65,722 |
| Federal funds sold & reverse repurchase | $8,679 |
| Net loans and leases | $225,513 |
| Loan and leases loss allowance | $3,248 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $9,419 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $7,367 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $324,793 |
| Total Liabilities | $285,018 |
| Total deposits | $274,331 |
| Interest-bearing deposits | $224,459 |
| Deposits held in domestic offices | $274,331 |
| % insured (estimated) | $79 |
| Federal funds purchased and repurchase agreements | $8,537 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $2,150 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $225,513 |
| Loan and leases loss allowance | $3,248 |
| Total loans and leases (domestic) | $228,761 |
| All real estate loans | $180,250 |
| Real estate loans in domestic offices | $180,250 |
| Construction and development loans | $20,222 |
| Residential 1-4 family construction | $7,949 |
| Other construction, all land development and other land | $12,273 |
| Loans secured by nonfarm nonresidential properties | $39,968 |
| Nonfarm nonresidential secured by owner-occupied properties | $2,105 |
| Commercial real estate & other non-farm, non-residential | $37,863 |
| Multifamily residential real estate | $14,657 |
| 1-4 family residential loans | $65,636 |
| Farmland loans | $39,767 |
| Loans held in foreign offices | $0 |
| Farm loans | $21,317 |
| Commercial and industrial loans | $20,093 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $2,307 |
| Credit card loans | $0 |
| Related Plans | $15 |
| Consumer Auto Loans | $1,312 |
| Other loans to individuals | $980 |
| All other loans & leases | $5,136 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $215 |
| 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 | $556 |
| Non 1-4 family restructured loans & leases | $556 |
| Total loans and leases (foreign) | $0 |
CATTLE BANK & TRUST had $225,513,000 of loans outstanding in 2020. $180,250,000 of loans were in real estate loans. $20,222,000 of loans were in development loans. $14,657,000 of loans were in multifamily mortgage loans. $65,636,000 of loans were in 1-4 family mortgage loans. $21,317,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,312,000 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 | 83 | $16,386 | $197,422 |
| Nonfarm, nonresidential loans - <$100k | 16 | $1,024 | $64,000 |
| Nonfarm, nonresidential loans - $100-250k | 36 | $4,388 | $121,889 |
| Nonfarm, nonresidential loans - $250k-1MM | 31 | $10,974 | $354,000 |
| Commercial & Industrial, US addressed loans - <$1MM | 364 | $17,867 | $49,085 |
| Commercial & Industrial, US addressed loans - <$100k | 305 | $7,982 | $26,170 |
| Commercial & Industrial, US addressed loans - $100-250k | 48 | $6,030 | $125,625 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 11 | $3,855 | $350,455 |
| Farmland loans - <$1MM | 111 | $18,025 | $162,387 |
| Farmland loans - <$100k | 24 | $1,041 | $43,375 |
| Farmland loans - $100-250k | 51 | $7,010 | $137,451 |
| Farmland loans - $250k-1MM | 36 | $9,974 | $277,056 |
| Agriculture operations loans - <$1MM | 192 | $12,748 | $66,396 |
| Agriculture operations loans - <$100k | 120 | $3,420 | $28,500 |
| Agriculture operations loans - $100-250k | 49 | $4,745 | $96,837 |
| Agriculture operations loans - $250k-1MM | 23 | $4,583 | $199,261 |