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 Cleveland 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. 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    Originations

    166

    Origination Dollar Volume (All Markets)

    $15,040,000

    Employee count

    39

    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) 94 $9,910,000 $105,426 $0 0.00%
    Scottsboro, AL (FHA|USDA|VA) 38 $2,680,000 $70,526 $0 0.00%
    Fort Payne, AL (FHA|USDA|VA) 32 $2,190,000 $68,438 $0 0.00%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $215,000 $215,000 $0 0.00%
    CLEVELAND, TN (FHA|USDA|VA) 1 $45,000 $45,000 $0 0.00%
    Citizens Bank & Trust's top markets include Chattanooga, Scottsboro, Fort Payne, Panama City, and Cleveland 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 166 $15,040,000 $90,602 $0 0.00%

    For 2020, Citizens Bank & Trust's most frequently originated type of loan was Conventional, with 166 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 102 $9,680,000 $94,902 $0 0.00%
    Home Purchase 50 $4,590,000 $91,800 $0 0.00%
    Home Improvement 8 $480,000 $60,000 $0 0.00%
    Other 6 $290,000 $48,333 $0 0.00%

    For 2020, Citizens Bank & Trust's most frequently cited loan purpose was Refi, with 102 originations. The 2nd most popular reason was Home Purchase, with 50 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 166 $15,040,000 $90,602 $0 0.00%

    For 2020, Citizens Bank & Trust's most frequently cited loan duration was Other, with 166 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 113 $5,185,000 $45,885 $0 0.00%
    $100k-200k 40 $5,630,000 $140,750 $0 0.00%
    $200k-400k 10 $2,490,000 $249,000 $0 0.00%
    $400k-600k 2 $1,120,000 $560,000 $0 0.00%
    $600k-1MM 1 $615,000 $615,000 $0 0.00%

    2020 saw Citizens Bank & Trust place emphasis on $100,000 or less loans with 113 originations, totaling $5,185,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 59 $3,445,000 $58,390 $0 0.00%
    $50k-75k 35 $2,665,000 $76,143 $0 0.00%
    $75k-100k 30 $2,690,000 $89,667 $0 0.00%
    $100k-150k 27 $3,115,000 $115,370 $0 0.00%
    $150k-250k 12 $2,420,000 $201,667 $0 0.00%
    $250k+ 1 $105,000 $105,000 $0 0.00%

    Citizens Bank & Trust lent most frequently to those with incomes in the $50k or less range, with 59 originations. The second most popular income band? $50k-75k, with 35 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 166 $15,040,000 $90,602 $0 0.00%

    Citizens Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 166 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 162 $14,040,000 $86,667 $0 0.00%
    Not applicable 1 $565,000 $565,000 $0 0.00%
    Asian Indian 1 $305,000 $305,000 $0 0.00%
    American Indian 2 $130,000 $65,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    95.98%

    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
    99.40%

    Citizens 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 166 $15,040,000 $90,602

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 32 $1,100,000 $34,375
    Single Family (1-4 Units):Site-Built 134 $13,940,000 $104,030

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 35 12.8%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Closing on a mortgage 13 4.7%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Credit monitoring or identity theft protection services 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Incorrect information on your report 5 1.8%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Problem with a credit reporting company's investigation into an existing problem 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Struggling to pay mortgage 26 9.5%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Trouble during payment process 109 39.8%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 3 1.1%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Struggling to pay mortgage 6 2.2%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Trouble during payment process 7 2.6%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 8 2.9%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Closing on a mortgage 3 1.1%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Struggling to pay mortgage 6 2.2%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 20 7.3%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 7 2.6%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Closing on a mortgage 4 1.5%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Struggling to pay mortgage 2 0.7%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Trouble during payment process 11 4.0%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Struggling to pay mortgage 3 1.1%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Trouble during payment process 4 1.5%

    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 $9,341
    Citizens Bank & Trust, Inc. 12255 South Main Street Trenton, GA 30752 Full Service B&M $73,565
    Citizens Bank & Trust, Inc. 29316 Alabama Highway 71 Higdon, AL 35979 Full Service B&M $16,402

    For 2020, Citizens Bank & Trust had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $4,825
    Net interest income $4,301
    Total noninterest income $933
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $414
    Trading account gains and fees $0
    Additional Noninterest Income $519
    Pre-tax net operating income $1,212
    Securities gains (or losses, -) $10
    Income before extraordinary items $987
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $987
    Minority interest net income $0
    Net income $987
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $978

    Citizens Bank & Trust's gross interest income from loans was $4,825,000.
    Citizens Bank & Trust's net interest income from loans was $4,301,000.
    Citizens Bank & Trust's fee based income from loans was $414,000.
    Citizens Bank & Trust's net income from loans was $987,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $524
    Provision for credit losses $112
    Total noninterest expense $3,910
    Salaries and employee benefits $2,041
    Premises and equipment expense $300
    Additional noninterest expense $1,569
    Applicable income taxes $235
    Net charge-offs $35
    Cash dividends $450

    Citizens Bank & Trust's interest expense for loans was $524,000.
    Citizens Bank & Trust's payroll and benefits expense were $2,041,000.
    Citizens Bank & Trust's property, plant and equipment expenses $300,000.

    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 2.0%
    Personal loans 1.0%
    Credit card loans 0.0%
    Other individual loans 1.0%
    Auto loans 2.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $102,115
    Deposits held in domestic offices $102,115
    Deposits by Individuals, partnerships, and corporations $97,961
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $4,154
    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 $44,248
    Demand deposits $21,368
    Nontransaction accounts $57,867
    Money market deposit accounts (MMDAs) $2,906
    Other savings deposits (excluding MMDAs) $26,907
    Total time deposits $28,054
    Total time and savings deposits $80,747
    Noninterest-bearing deposits $21,329
    Interest-bearing deposits $80,786
    Retail deposits $101,374
    IRAs and Keogh plan accounts $6,725
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $115,746
    Cash & Balances due from depository institutions $15,626
    Interest-bearing balances $2,277
    Total securities $31,486
    Federal funds sold & reverse repurchase $1,972
    Net loans and leases $61,650
    Loan and leases loss allowance $1,018
    Trading account assets $0
    Bank premises and fixed assets $1,597
    Other real estate owned $66
    Goodwill and other intangibles $0
    All other assets $3,349

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $115,746
    Total Liabilities $103,500
    Total deposits $102,115
    Interest-bearing deposits $80,786
    Deposits held in domestic offices $102,115
    % insured (estimated) $94
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $1,385

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $61,650
    Loan and leases loss allowance $1,018
    Total loans and leases (domestic) $62,668
    All real estate loans $50,405
    Real estate loans in domestic offices $50,405
    Construction and development loans $3,708
    Residential 1-4 family construction $1,527
    Other construction, all land development and other land $2,181
    Loans secured by nonfarm nonresidential properties $7,239
    Nonfarm nonresidential secured by owner-occupied properties $5,316
    Commercial real estate & other non-farm, non-residential $1,923
    Multifamily residential real estate $292
    1-4 family residential loans $38,688
    Farmland loans $478
    Loans held in foreign offices $0
    Farm loans $418
    Commercial and industrial loans $3,092
    To non-U.S. addressees $0
    Loans to individuals $8,753
    Credit card loans $0
    Related Plans $32
    Consumer Auto Loans $3,178
    Other loans to individuals $5,543
    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 $214
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $208
    Non 1-4 family restructured loans & leases $208
    Total loans and leases (foreign) $0

    Citizens Bank & Trust had $61,650,000 of loans outstanding in 2020. $50,405,000 of loans were in real estate loans. $3,708,000 of loans were in development loans. $292,000 of loans were in multifamily mortgage loans. $38,688,000 of loans were in 1-4 family mortgage loans. $418,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,178,000 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 52 $7,238 $139,192
    Nonfarm, nonresidential loans - <$100k 24 $845 $35,208
    Nonfarm, nonresidential loans - $100-250k 17 $2,484 $146,118
    Nonfarm, nonresidential loans - $250k-1MM 11 $3,909 $355,364
    Commercial & Industrial, US addressed loans - <$1MM 135 $3,092 $22,904
    Commercial & Industrial, US addressed loans - <$100k 127 $1,743 $13,724
    Commercial & Industrial, US addressed loans - $100-250k 4 $246 $61,500
    Commercial & Industrial, US addressed loans - $250k-1MM 4 $1,103 $275,750
    Farmland loans - <$1MM 5 $478 $95,600
    Farmland loans - <$100k 4 $116 $29,000
    Farmland loans - $250k-1MM 1 $362 $362,000
    Agriculture operations loans - <$1MM 32 $418 $13,063
    Agriculture operations loans - <$100k 32 $418 $13,063