Citizens Bank & Trust Mortgage Rates, Fees & Info
Guntersville, ALLEI: 5493005GHHD2LL3US857
Tax ID: 43-1994736
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Bank Data
Review & Overview
Citizens Bank & Trust is a smaller bank specializing in Home Purchase and Refi loans. Citizens Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Albertville, Huntsville, Cullman, Birmingham, and Fort Payne among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)Citizens Bank & Trust has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
118Origination Dollar Volume (All Markets)
$14,230,000Employee count
112Top 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 |
|---|---|---|---|---|---|
| Albertville, AL (FHA|USDA|VA) | 40 | $5,180,000 | $129,500 | $0 | 0.00% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 26 | $3,260,000 | $125,385 | $0 | 0.00% |
| Cullman, AL (FHA|USDA|VA) | 20 | $1,970,000 | $98,500 | $0 | 0.00% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 14 | $1,480,000 | $105,714 | $0 | 0.00% |
| Fort Payne, AL (FHA|USDA|VA) | 4 | $640,000 | $160,000 | $0 | 0.00% |
| Edwards, CO (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
| MONTGOMERY, AL (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $0 | 0.00% |
| DECATUR, AL (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 0.00% |
| GADSDEN, AL (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 0.00% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $85,000 | $85,000 | $0 | 0.00% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 2 | $70,000 | $35,000 | $0 | 0.00% |
| Scottsboro, AL (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 118 | $14,230,000 | $120,593 | $0 | 0.00% |
For 2018, Citizens Bank & Trust's most frequently originated type of loan was Conventional, with 118 originations.
Loan Reason
For 2018, Citizens Bank & Trust's most frequently cited loan purpose was Home Purchase, with 62 originations. The 2nd most popular reason was Refi, with 41 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 118 | $14,230,000 | $120,593 | $0 | 0.00% |
For 2018, Citizens Bank & Trust's most frequently cited loan duration was Other, with 118 originations.
Loan Sizing
2018 saw Citizens Bank & Trust place emphasis on $100,000 or less loans with 64 originations, totaling $3,200,000 in origination value.
Applicant Income
Citizens Bank & Trust lent most frequently to those with incomes in the $50k or less range, with 25 originations. The second most popular income band? $50k-75k, with 24 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 118 | $14,230,000 | $120,593 | $0 | 0.00% |
Citizens Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 118 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 102 | $12,120,000 | $118,824 | $0 | 0.00% |
| Not applicable | 16 | $2,110,000 | $131,875 | $0 | 0.00% |
Approval Rates
Total approvals of all applications78.92%
Citizens Bank & Trust has a below average approval rate.
Pick Rate
Approvals leading to origination79.66%
Citizens Bank & Trust has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 118 | $14,230,000 | $120,593 |
Occupancy Type Mix
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| CITIZENS FINANCIAL GROUP, INC. | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 9 | 5.3% |
| CITIZENS FINANCIAL GROUP, INC. | Conventional home mortgage | Closing on a mortgage | 5 | 2.9% |
| CITIZENS FINANCIAL GROUP, INC. | Conventional home mortgage | Improper use of your report | 1 | 0.6% |
| CITIZENS FINANCIAL GROUP, INC. | Conventional home mortgage | Incorrect information on your report | 1 | 0.6% |
| CITIZENS FINANCIAL GROUP, INC. | Conventional home mortgage | Problem with a credit reporting company's investigation into an existing problem | 1 | 0.6% |
| CITIZENS FINANCIAL GROUP, INC. | Conventional home mortgage | Struggling to pay mortgage | 16 | 9.4% |
| CITIZENS FINANCIAL GROUP, INC. | Conventional home mortgage | Trouble during payment process | 36 | 21.1% |
| CITIZENS FINANCIAL GROUP, INC. | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 2 | 1.2% |
| CITIZENS FINANCIAL GROUP, INC. | FHA mortgage | Closing on a mortgage | 3 | 1.8% |
| CITIZENS FINANCIAL GROUP, INC. | FHA mortgage | Struggling to pay mortgage | 8 | 4.7% |
| CITIZENS FINANCIAL GROUP, INC. | FHA mortgage | Trouble during payment process | 3 | 1.8% |
| CITIZENS FINANCIAL GROUP, INC. | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 9 | 5.3% |
| CITIZENS FINANCIAL GROUP, INC. | Home equity loan or line of credit (HELOC) | Closing on a mortgage | 3 | 1.8% |
| CITIZENS FINANCIAL GROUP, INC. | Home equity loan or line of credit (HELOC) | Struggling to pay mortgage | 7 | 4.1% |
| CITIZENS FINANCIAL GROUP, INC. | Home equity loan or line of credit (HELOC) | Trouble during payment process | 41 | 24.0% |
| CITIZENS FINANCIAL GROUP, INC. | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 2 | 1.2% |
| CITIZENS FINANCIAL GROUP, INC. | Other type of mortgage | Closing on a mortgage | 3 | 1.8% |
| CITIZENS FINANCIAL GROUP, INC. | Other type of mortgage | Struggling to pay mortgage | 4 | 2.3% |
| CITIZENS FINANCIAL GROUP, INC. | Other type of mortgage | Trouble during payment process | 15 | 8.8% |
| CITIZENS FINANCIAL GROUP, INC. | VA mortgage | Struggling to pay mortgage | 1 | 0.6% |
| CITIZENS FINANCIAL GROUP, INC. | VA mortgage | Trouble during payment process | 1 | 0.6% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Citizens Bank & Trust | 1205 North Brindlee Mountain Parkway Arab, AL 35016 | Full Service B&M | $63,686 |
| Citizens Bank & Trust | 13870 Highway 231/431 North Hazel Green, AL 35750 | Full Service B&M | $20,090 |
| Citizens Bank & Trust | 223 2nd Avenue Se Cullman, AL 35055 | Full Service B&M | $8,490 |
| Citizens Bank & Trust | 25530 Alabama Highway 127 Elkmont, AL 35620 | Full Service B&M | $10,217 |
| Citizens Bank & Trust | 324 North Broad Street Albertville, AL 35950 | Full Service B&M | $113,109 |
| Citizens Bank & Trust | 5053 Main Drive New Hope, AL 35760 | Full Service B&M | $15,344 |
| Citizens Bank & Trust | 711 Gunter Avenue Guntersville, AL 35976 | Full Service B&M | $168,270 |
| Citizens Bank & Trust | Market Square Rogersville, AL 35652 | Full Service B&M | $32,485 |
For 2018, Citizens Bank & Trust had 8 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $19,768 |
| Net interest income | $16,251 |
| Total noninterest income | $3,249 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $1,419 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $1,830 |
| Pre-tax net operating income | $4,920 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $4,778 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $4,778 |
| Minority interest net income | $0 |
| Net income | $4,778 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $4,778 |
Citizens Bank & Trust's gross interest income from loans was $19,768,000.
Citizens Bank & Trust's net interest income from loans was $16,251,000.
Citizens Bank & Trust's fee based income from loans was $1,419,000.
Citizens Bank & Trust's net income from loans was $4,778,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $3,517 |
| Provision for credit losses | $550 |
| Total noninterest expense | $14,030 |
| Salaries and employee benefits | $7,470 |
| Premises and equipment expense | $1,545 |
| Additional noninterest expense | $5,015 |
| Applicable income taxes | $142 |
| Net charge-offs | $224 |
| Cash dividends | $1,231 |
Citizens Bank & Trust's interest expense for loans was $3,517,000.
Citizens Bank & Trust's payroll and benefits expense were $7,470,000.
Citizens Bank & Trust's property, plant and equipment expenses $1,545,000.
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 | 1.0% |
| Other consumer loans | 0.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $438,259 |
| Deposits held in domestic offices | $438,259 |
| Deposits by Individuals, partnerships, and corporations | $339,352 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $98,907 |
| 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 | $46,509 |
| Demand deposits | $26,436 |
| Nontransaction accounts | $391,750 |
| Money market deposit accounts (MMDAs) | $44,586 |
| Other savings deposits (excluding MMDAs) | $221,634 |
| Total time deposits | $125,531 |
| Total time and savings deposits | $411,823 |
| Noninterest-bearing deposits | $98,169 |
| Interest-bearing deposits | $340,090 |
| Retail deposits | $391,727 |
| IRAs and Keogh plan accounts | $14,306 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $519,569 |
| Cash & Balances due from depository institutions | $23,568 |
| Interest-bearing balances | $16,259 |
| Total securities | $134,072 |
| Federal funds sold & reverse repurchase | $880 |
| Net loans and leases | $319,254 |
| Loan and leases loss allowance | $3,693 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $17,663 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $24,132 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $519,569 |
| Total Liabilities | $472,649 |
| Total deposits | $438,259 |
| Interest-bearing deposits | $340,090 |
| Deposits held in domestic offices | $438,259 |
| % insured (estimated) | $69 |
| Federal funds purchased and repurchase agreements | $31,406 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $2,984 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $319,254 |
| Loan and leases loss allowance | $3,693 |
| Total loans and leases (domestic) | $322,947 |
| All real estate loans | $244,656 |
| Real estate loans in domestic offices | $244,656 |
| Construction and development loans | $38,460 |
| Residential 1-4 family construction | $5,809 |
| Other construction, all land development and other land | $32,651 |
| Loans secured by nonfarm nonresidential properties | $104,496 |
| Nonfarm nonresidential secured by owner-occupied properties | $84,390 |
| Commercial real estate & other non-farm, non-residential | $20,106 |
| Multifamily residential real estate | $2,689 |
| 1-4 family residential loans | $80,416 |
| Farmland loans | $18,595 |
| Loans held in foreign offices | $0 |
| Farm loans | $4,524 |
| Commercial and industrial loans | $52,555 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $12,733 |
| Credit card loans | $0 |
| Related Plans | $791 |
| Consumer Auto Loans | $3,735 |
| Other loans to individuals | $8,207 |
| All other loans & leases | $8,478 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $0 |
| Loans to depository institutions and acceptances of other banks | $5,885 |
| Loans not secured by real estate | $580 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $271 |
| Non 1-4 family restructured loans & leases | $139 |
| Total loans and leases (foreign) | $0 |
Citizens Bank & Trust had $319,254,000 of loans outstanding in 2018. $244,656,000 of loans were in real estate loans. $38,460,000 of loans were in development loans. $2,689,000 of loans were in multifamily mortgage loans. $80,416,000 of loans were in 1-4 family mortgage loans. $4,524,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,735,000 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 | 302 | $58,743 | $194,513 |
| Nonfarm, nonresidential loans - <$100k | 92 | $4,462 | $48,500 |
| Nonfarm, nonresidential loans - $100-250k | 107 | $15,227 | $142,308 |
| Nonfarm, nonresidential loans - $250k-1MM | 103 | $39,054 | $379,165 |
| Commercial & Industrial, US addressed loans - <$1MM | 806 | $38,295 | $47,512 |
| Commercial & Industrial, US addressed loans - <$100k | 663 | $12,455 | $18,786 |
| Commercial & Industrial, US addressed loans - $100-250k | 82 | $7,846 | $95,683 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 61 | $17,994 | $294,984 |
| Farmland loans - <$1MM | 89 | $9,166 | $102,989 |
| Farmland loans - <$100k | 41 | $1,804 | $44,000 |
| Farmland loans - $100-250k | 39 | $5,394 | $138,308 |
| Farmland loans - $250k-1MM | 9 | $1,968 | $218,667 |
| Agriculture operations loans - <$1MM | 179 | $4,516 | $25,229 |
| Agriculture operations loans - <$100k | 172 | $3,277 | $19,052 |
| Agriculture operations loans - $100-250k | 5 | $520 | $104,000 |
| Agriculture operations loans - $250k-1MM | 2 | $719 | $359,500 |