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, and Dalton 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.

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    Originations

    170

    Origination Dollar Volume (All Markets)

    $17,000,000

    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) 92 $9,340,000 $101,522 $0 0.00%
    Scottsboro, AL (FHA|USDA|VA) 46 $4,870,000 $105,870 $0 0.00%
    Fort Payne, AL (FHA|USDA|VA) 30 $2,720,000 $90,667 $0 0.00%
    DALTON, GA (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
    Outside of Metro Areas 1 $15,000 $15,000 $0 0.00%
    Citizens Bank & Trust's top markets include Chattanooga, Scottsboro, Fort Payne, and Dalton among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 170 $17,000,000 $100,000 $0 0.00%

    For 2021, Citizens Bank & Trust's most frequently originated type of loan was Conventional, with 170 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 115 $9,585,000 $83,348 $0 0.00%
    Home Purchase 44 $6,650,000 $151,136 $0 0.00%
    Other 6 $460,000 $76,667 $0 0.00%
    Home Improvement 5 $305,000 $61,000 $0 0.00%

    For 2021, Citizens Bank & Trust's most frequently cited loan purpose was Refi, with 115 originations. The 2nd most popular reason was Home Purchase, with 44 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 170 $17,000,000 $100,000 $0 0.00%

    For 2021, Citizens Bank & Trust's most frequently cited loan duration was Other, with 170 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 109 $4,595,000 $42,156 $0 0.00%
    $100k-200k 40 $6,040,000 $151,000 $0 0.00%
    $200k-400k 19 $4,765,000 $250,789 $0 0.00%
    $1MM+ 1 $1,115,000 $1,115,000 $0 0.00%
    $400k-600k 1 $485,000 $485,000 $0 0.00%

    2021 saw Citizens Bank & Trust place emphasis on $100,000 or less loans with 109 originations, totaling $4,595,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 54 $4,270,000 $79,074 $0 0.00%
    $50k or less 49 $2,385,000 $48,673 $0 0.00%
    $75k-100k 25 $2,755,000 $110,200 $0 0.00%
    $100k-150k 21 $3,405,000 $162,143 $0 0.00%
    $150k-250k 11 $2,015,000 $183,182 $0 0.00%
    $250k+ 4 $1,450,000 $362,500 $0 0.00%

    Citizens Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 54 originations. The second most popular income band? $50k or less, with 49 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 170 $17,000,000 $100,000 $0 0.00%

    Citizens Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 170 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 164 $16,220,000 $98,902 $0 0.00%
    Asian Indian 2 $550,000 $275,000 $0 0.00%
    Not applicable 2 $120,000 $60,000 $0 0.00%
    Native Hawaiian or Islander 1 $85,000 $85,000 $0 0.00%
    American Indian 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    98.89%

    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
    95.29%

    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 170 $17,000,000 $100,000

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    170 $17,000,000 $100,000

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 54 15.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Closing on a mortgage 22 6.3%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Improper use of your report 1 0.3%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Incorrect information on your report 6 1.7%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Problem with a credit reporting company's investigation into an existing problem 3 0.9%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Struggling to pay mortgage 27 7.8%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Trouble during payment process 116 33.4%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 7 2.0%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Closing on a mortgage 4 1.2%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Struggling to pay mortgage 15 4.3%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Trouble during payment process 19 5.5%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 7 2.0%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Closing on a mortgage 4 1.2%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Incorrect information on your report 2 0.6%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Struggling to pay mortgage 2 0.6%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 27 7.8%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 5 1.4%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Closing on a mortgage 3 0.9%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Improper use of your report 1 0.3%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Incorrect information on your report 1 0.3%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Struggling to pay mortgage 3 0.9%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Trouble during payment process 13 3.7%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Struggling to pay mortgage 2 0.6%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Trouble during payment process 3 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 $9,838
    Citizens Bank & Trust, Inc. 12255 South Main Street Trenton, GA 30752 Full Service B&M $83,096
    Citizens Bank & Trust, Inc. 29316 Alabama Highway 71 Higdon, AL 35979 Full Service B&M $19,247

    For 2021, Citizens Bank & Trust had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $4,791
    Net interest income $4,489
    Total noninterest income $1,151
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $430
    Trading account gains and fees $0
    Additional Noninterest Income $721
    Pre-tax net operating income $1,804
    Securities gains (or losses, -) $-44
    Income before extraordinary items $1,404
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $1,404
    Minority interest net income $0
    Net income $1,404
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $1,439

    Citizens Bank & Trust's gross interest income from loans was $4,791,000.
    Citizens Bank & Trust's net interest income from loans was $4,489,000.
    Citizens Bank & Trust's fee based income from loans was $430,000.
    Citizens Bank & Trust's net income from loans was $1,404,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $302
    Provision for credit losses $82
    Total noninterest expense $3,754
    Salaries and employee benefits $1,958
    Premises and equipment expense $310
    Additional noninterest expense $1,486
    Applicable income taxes $356
    Net charge-offs $54
    Cash dividends $650

    Citizens Bank & Trust's interest expense for loans was $302,000.
    Citizens Bank & Trust's payroll and benefits expense were $1,958,000.
    Citizens Bank & Trust's property, plant and equipment expenses $310,000.

    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 0.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $118,244
    Deposits held in domestic offices $118,244
    Deposits by Individuals, partnerships, and corporations $114,206
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $4,038
    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 $51,141
    Demand deposits $23,371
    Nontransaction accounts $67,103
    Money market deposit accounts (MMDAs) $4,409
    Other savings deposits (excluding MMDAs) $36,390
    Total time deposits $26,303
    Total time and savings deposits $94,873
    Noninterest-bearing deposits $23,336
    Interest-bearing deposits $94,908
    Retail deposits $117,242
    IRAs and Keogh plan accounts $7,015
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $132,271
    Cash & Balances due from depository institutions $19,304
    Interest-bearing balances $2,021
    Total securities $36,063
    Federal funds sold & reverse repurchase $6,835
    Net loans and leases $65,767
    Loan and leases loss allowance $1,046
    Trading account assets $0
    Bank premises and fixed assets $1,603
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $2,699

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $132,271
    Total Liabilities $119,700
    Total deposits $118,244
    Interest-bearing deposits $94,908
    Deposits held in domestic offices $118,244
    % insured (estimated) $100
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $1,456

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $65,767
    Loan and leases loss allowance $1,046
    Total loans and leases (domestic) $66,813
    All real estate loans $52,982
    Real estate loans in domestic offices $52,982
    Construction and development loans $5,345
    Residential 1-4 family construction $1,819
    Other construction, all land development and other land $3,526
    Loans secured by nonfarm nonresidential properties $6,429
    Nonfarm nonresidential secured by owner-occupied properties $4,805
    Commercial real estate & other non-farm, non-residential $1,624
    Multifamily residential real estate $279
    1-4 family residential loans $40,347
    Farmland loans $582
    Loans held in foreign offices $0
    Farm loans $299
    Commercial and industrial loans $3,923
    To non-U.S. addressees $0
    Loans to individuals $9,609
    Credit card loans $0
    Related Plans $9
    Consumer Auto Loans $3,696
    Other loans to individuals $5,904
    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 $208
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $47
    Non 1-4 family restructured loans & leases $47
    Total loans and leases (foreign) $0

    Citizens Bank & Trust had $65,767,000 of loans outstanding in 2021. $52,982,000 of loans were in real estate loans. $5,345,000 of loans were in development loans. $279,000 of loans were in multifamily mortgage loans. $40,347,000 of loans were in 1-4 family mortgage loans. $299,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,696,000 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 50 $6,429 $128,580
    Nonfarm, nonresidential loans - <$100k 24 $923 $38,458
    Nonfarm, nonresidential loans - $100-250k 16 $2,292 $143,250
    Nonfarm, nonresidential loans - $250k-1MM 10 $3,214 $321,400
    Commercial & Industrial, US addressed loans - <$1MM 128 $3,922 $30,641
    Commercial & Industrial, US addressed loans - <$100k 115 $1,791 $15,574
    Commercial & Industrial, US addressed loans - $100-250k 9 $843 $93,667
    Commercial & Industrial, US addressed loans - $250k-1MM 4 $1,288 $322,000
    Farmland loans - <$1MM 6 $582 $97,000
    Farmland loans - <$100k 4 $142 $35,500
    Farmland loans - $100-250k 1 $127 $127,000
    Farmland loans - $250k-1MM 1 $313 $313,000
    Agriculture operations loans - <$1MM 22 $299 $13,591
    Agriculture operations loans - <$100k 22 $299 $13,591