Citizens Bank & Trust Mortgage Rates, Fees & Info

Trenton, GA

LEI: 254900XASC5S67PMPM58

Tax ID: 58-1743960

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Mortgage Data

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

    Citizens Bank & Trust is a smaller bank specializing in Refi and Home Purchase loans. Citizens Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Chattanooga, Scottsboro, Fort Payne, Panama City, and Birmingham among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Citizens Bank & Trust has an above average approval rate when compared to the average across all 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

    137

    Origination Dollar Volume (All Markets)

    $11,515,000

    Employee count

    43

    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
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 75 $6,385,000 $85,133 $0 0.00%
    Scottsboro, AL (FHA|USDA|VA) 35 $2,845,000 $81,286 $0 0.00%
    Fort Payne, AL (FHA|USDA|VA) 25 $1,915,000 $76,600 $0 0.00%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $295,000 $295,000 $0 0.00%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
    Citizens Bank & Trust's top markets include Chattanooga, Scottsboro, Fort Payne, Panama City, and Birmingham among others.

    Their top states include:
  • Georgia (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 137 $11,515,000 $84,051 $0 0.00%

    For 2019, Citizens Bank & Trust's most frequently originated type of loan was Conventional, with 137 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 91 $7,165,000 $78,736 $0 0.00%
    Home Purchase 30 $2,940,000 $98,000 $0 0.00%
    Home Improvement 10 $680,000 $68,000 $0 0.00%
    Other 5 $495,000 $99,000 $0 0.00%
    Cash Out Refi 1 $235,000 $235,000 $0 0.00%

    For 2019, Citizens Bank & Trust's most frequently cited loan purpose was Refi, with 91 originations. The 2nd most popular reason was Home Purchase, with 30 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 137 $11,515,000 $84,051 $0 0.00%

    For 2019, Citizens Bank & Trust's most frequently cited loan duration was Other, with 137 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 102 $4,970,000 $48,725 $0 0.00%
    $100k-200k 27 $3,855,000 $142,778 $0 0.00%
    $200k-400k 6 $1,660,000 $276,667 $0 0.00%
    $400k-600k 2 $1,030,000 $515,000 $0 0.00%

    2019 saw Citizens Bank & Trust place emphasis on $100,000 or less loans with 102 originations, totaling $4,970,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 52 $3,000,000 $57,692 $0 0.00%
    $50k-75k 31 $2,625,000 $84,677 $0 0.00%
    $75k-100k 21 $2,025,000 $96,429 $0 0.00%
    $100k-150k 16 $1,760,000 $110,000 $0 0.00%
    $150k-250k 10 $1,460,000 $146,000 $0 0.00%
    $250k+ 1 $55,000 $55,000 $0 0.00%

    Citizens Bank & Trust lent most frequently to those with incomes in the $50k or less range, with 52 originations. The second most popular income band? $50k-75k, with 31 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 137 $11,515,000 $84,051 $0 0.00%

    Citizens Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 137 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 131 $11,175,000 $85,305 $0 0.00%
    Asian 3 $275,000 $91,667 $0 0.00%
    Not applicable 2 $40,000 $20,000 $0 0.00%
    Black 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    96.48%

    Citizens 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

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 137 $11,515,000 $84,051

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 24 $1,430,000 $59,583
    Single Family (1-4 Units):Site-Built 113 $10,085,000 $89,248

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 10 4.3%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Closing on a mortgage 6 2.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Incorrect information on your report 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Struggling to pay mortgage 20 8.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Trouble during payment process 81 34.8%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Closing on a mortgage 3 1.3%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Incorrect information on your report 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Struggling to pay mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Trouble during payment process 13 5.6%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 11 4.7%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Closing on a mortgage 9 3.9%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Struggling to pay mortgage 8 3.4%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 52 22.3%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Closing on a mortgage 4 1.7%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Struggling to pay mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Trouble during payment process 3 1.3%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Applying for a mortgage or refinancing an existing mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Struggling to pay mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Trouble during payment process 2 0.9%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Citizens Bank & Trust, Inc. 107 Mcfarland Road Lookout Mountain, GA 30750 Full Service B&M $7,434
    Citizens Bank & Trust, Inc. 12255 South Main Street Trenton, GA 30752 Full Service B&M $66,475
    Citizens Bank & Trust, Inc. 29316 Alabama Highway 71 Higdon, AL 35979 Full Service B&M $14,278

    For 2019, Citizens Bank & Trust had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $4,898
    Net interest income $4,311
    Total noninterest income $952
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $498
    Trading account gains and fees $0
    Additional Noninterest Income $454
    Pre-tax net operating income $1,572
    Securities gains (or losses, -) $-6
    Income before extraordinary items $1,221
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $1,221
    Minority interest net income $0
    Net income $1,221
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $1,225

    Citizens Bank & Trust's gross interest income from loans was $4,898,000.
    Citizens Bank & Trust's net interest income from loans was $4,311,000.
    Citizens Bank & Trust's fee based income from loans was $498,000.
    Citizens Bank & Trust's net income from loans was $1,221,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $587
    Provision for credit losses $12
    Total noninterest expense $3,679
    Salaries and employee benefits $2,021
    Premises and equipment expense $291
    Additional noninterest expense $1,367
    Applicable income taxes $345
    Net charge-offs $101
    Cash dividends $1,000

    Citizens Bank & Trust's interest expense for loans was $587,000.
    Citizens Bank & Trust's payroll and benefits expense were $2,021,000.
    Citizens Bank & Trust's property, plant and equipment expenses $291,000.

    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 1.0%
    Credit card loans 0.0%
    Other individual loans 1.0%
    Auto loans 1.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $91,746
    Deposits held in domestic offices $91,746
    Deposits by Individuals, partnerships, and corporations $86,542
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $5,204
    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 $36,351
    Demand deposits $18,477
    Nontransaction accounts $55,395
    Money market deposit accounts (MMDAs) $2,092
    Other savings deposits (excluding MMDAs) $21,884
    Total time deposits $31,419
    Total time and savings deposits $73,269
    Noninterest-bearing deposits $18,464
    Interest-bearing deposits $73,282
    Retail deposits $89,501
    IRAs and Keogh plan accounts $6,884
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $105,180
    Cash & Balances due from depository institutions $6,191
    Interest-bearing balances $1,276
    Total securities $27,640
    Federal funds sold & reverse repurchase $4,935
    Net loans and leases $61,365
    Loan and leases loss allowance $941
    Trading account assets $0
    Bank premises and fixed assets $1,565
    Other real estate owned $129
    Goodwill and other intangibles $0
    All other assets $3,355

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $105,180
    Total Liabilities $93,756
    Total deposits $91,746
    Interest-bearing deposits $73,282
    Deposits held in domestic offices $91,746
    % insured (estimated) $92
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $2,010

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $61,365
    Loan and leases loss allowance $941
    Total loans and leases (domestic) $62,306
    All real estate loans $49,176
    Real estate loans in domestic offices $49,176
    Construction and development loans $4,340
    Residential 1-4 family construction $1,816
    Other construction, all land development and other land $2,524
    Loans secured by nonfarm nonresidential properties $6,288
    Nonfarm nonresidential secured by owner-occupied properties $4,188
    Commercial real estate & other non-farm, non-residential $2,100
    Multifamily residential real estate $307
    1-4 family residential loans $37,662
    Farmland loans $579
    Loans held in foreign offices $0
    Farm loans $386
    Commercial and industrial loans $4,248
    To non-U.S. addressees $0
    Loans to individuals $8,496
    Credit card loans $0
    Related Plans $42
    Consumer Auto Loans $3,056
    Other loans to individuals $5,398
    All other loans & leases $0
    Loans to foreign governments and official institutions $0
    Other loans $0
    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 $353
    Non 1-4 family restructured loans & leases $216
    Total loans and leases (foreign) $0

    Citizens Bank & Trust had $61,365,000 of loans outstanding in 2019. $49,176,000 of loans were in real estate loans. $4,340,000 of loans were in development loans. $307,000 of loans were in multifamily mortgage loans. $37,662,000 of loans were in 1-4 family mortgage loans. $386,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,056,000 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 55 $6,287 $114,309
    Nonfarm, nonresidential loans - <$100k 28 $986 $35,214
    Nonfarm, nonresidential loans - $100-250k 18 $2,160 $120,000
    Nonfarm, nonresidential loans - $250k-1MM 9 $3,141 $349,000
    Commercial & Industrial, US addressed loans - <$1MM 150 $4,248 $28,320
    Commercial & Industrial, US addressed loans - <$100k 138 $1,858 $13,464
    Commercial & Industrial, US addressed loans - $100-250k 8 $957 $119,625
    Commercial & Industrial, US addressed loans - $250k-1MM 4 $1,433 $358,250
    Farmland loans - <$1MM 6 $579 $96,500
    Farmland loans - <$100k 5 $171 $34,200
    Farmland loans - $250k-1MM 1 $408 $408,000
    Agriculture operations loans - <$1MM 34 $386 $11,353
    Agriculture operations loans - <$100k 34 $386 $11,353