Citizens Bank & Trust Mortgage Rates, Fees & Info
Guntersville, ALLEI: 5493005GHHD2LL3US857
Tax ID: 43-1994736
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Mortgage Data
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, Cullman, Birmingham, Huntsville, and Crestview among others. We have data for 13 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
125Origination Dollar Volume (All Markets)
$23,325,000Employee count
113Top 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) | 50 | $9,040,000 | $180,800 | $0 | 0.00% |
| Cullman, AL (FHA|USDA|VA) | 22 | $4,320,000 | $196,364 | $0 | 0.00% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 17 | $2,635,000 | $155,000 | $0 | 0.00% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 15 | $1,735,000 | $115,667 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $1,210,000 | $605,000 | $0 | 0.00% |
| DECATUR, AL (FHA|USDA|VA) | 4 | $920,000 | $230,000 | $0 | 0.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $875,000 | $875,000 | $0 | 0.00% |
| Fort Payne, AL (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $580,000 | $290,000 | $0 | 0.00% |
| GADSDEN, AL (FHA|USDA|VA) | 4 | $520,000 | $130,000 | $0 | 0.00% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| Shelbyville, TN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 3 | $235,000 | $78,333 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 125 | $23,325,000 | $186,600 | $0 | 0.00% |
For 2019, Citizens Bank & Trust's most frequently originated type of loan was Conventional, with 125 originations.
Loan Reason
For 2019, Citizens Bank & Trust's most frequently cited loan purpose was Home Purchase, with 62 originations. The 2nd most popular reason was Refi, with 57 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 125 | $23,325,000 | $186,600 | $0 | 0.00% |
For 2019, Citizens Bank & Trust's most frequently cited loan duration was Other, with 125 originations.
Loan Sizing
2019 saw Citizens Bank & Trust place emphasis on $100,000 or less loans with 54 originations, totaling $3,350,000 in origination value.
Applicant Income
Citizens Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 23 originations. The second most popular income band? $150k-250k, with 20 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 125 | $23,325,000 | $186,600 | $0 | 0.00% |
Citizens Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 125 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications84.09%
Citizens Bank & Trust has a below average approval rate.
Pick Rate
Approvals leading to origination85.60%
Citizens Bank & Trust has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 125 | $23,325,000 | $186,600 |
Occupancy Type Mix
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 | 1205 North Brindlee Mountain Parkway Arab, AL 35016 | Full Service B&M | $66,201 |
| Citizens Bank & Trust | 13870 Highway 231/431 North Hazel Green, AL 35750 | Full Service B&M | $22,063 |
| Citizens Bank & Trust | 223 2nd Avenue Se Cullman, AL 35055 | Full Service B&M | $15,487 |
| Citizens Bank & Trust | 25530 Alabama Highway 127 Elkmont, AL 35620 | Full Service B&M | $11,716 |
| Citizens Bank & Trust | 324 North Broad Street Albertville, AL 35950 | Full Service B&M | $117,560 |
| Citizens Bank & Trust | 5053 Main Drive New Hope, AL 35760 | Full Service B&M | $14,606 |
| Citizens Bank & Trust | 711 Gunter Avenue Guntersville, AL 35976 | Full Service B&M | $180,042 |
| Citizens Bank & Trust | Market Square, 42 Rogersville, AL 35652 | Full Service B&M | $27,469 |
For 2019, Citizens Bank & Trust had 8 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $22,631 |
| Net interest income | $18,101 |
| Total noninterest income | $4,520 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $1,443 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $3,077 |
| Pre-tax net operating income | $6,244 |
| Securities gains (or losses, -) | $10 |
| Income before extraordinary items | $6,006 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $6,006 |
| Minority interest net income | $0 |
| Net income | $6,006 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $5,996 |
Citizens Bank & Trust's gross interest income from loans was $22,631,000.
Citizens Bank & Trust's net interest income from loans was $18,101,000.
Citizens Bank & Trust's fee based income from loans was $1,443,000.
Citizens Bank & Trust's net income from loans was $6,006,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $4,530 |
| Provision for credit losses | $1,479 |
| Total noninterest expense | $14,898 |
| Salaries and employee benefits | $8,309 |
| Premises and equipment expense | $1,507 |
| Additional noninterest expense | $5,082 |
| Applicable income taxes | $248 |
| Net charge-offs | $164 |
| Cash dividends | $100 |
Citizens Bank & Trust's interest expense for loans was $4,530,000.
Citizens Bank & Trust's payroll and benefits expense were $8,309,000.
Citizens Bank & Trust's property, plant and equipment expenses $1,507,000.
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 | $476,600 |
| Deposits held in domestic offices | $476,600 |
| Deposits by Individuals, partnerships, and corporations | $375,319 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $101,281 |
| 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 | $51,574 |
| Demand deposits | $29,310 |
| Nontransaction accounts | $425,026 |
| Money market deposit accounts (MMDAs) | $46,384 |
| Other savings deposits (excluding MMDAs) | $249,839 |
| Total time deposits | $128,804 |
| Total time and savings deposits | $447,290 |
| Noninterest-bearing deposits | $114,732 |
| Interest-bearing deposits | $361,868 |
| Retail deposits | $431,896 |
| IRAs and Keogh plan accounts | $14,856 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $559,654 |
| Cash & Balances due from depository institutions | $25,308 |
| Interest-bearing balances | $17,693 |
| Total securities | $136,855 |
| Federal funds sold & reverse repurchase | $880 |
| Net loans and leases | $354,067 |
| Loan and leases loss allowance | $5,008 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $17,039 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $25,505 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $559,654 |
| Total Liabilities | $503,731 |
| Total deposits | $476,600 |
| Interest-bearing deposits | $361,868 |
| Deposits held in domestic offices | $476,600 |
| % insured (estimated) | $69 |
| Federal funds purchased and repurchase agreements | $13,105 |
| Trading liabilities | $0 |
| Other borrowed funds | $10,000 |
| Subordinated debt | $0 |
| All other liabilities | $4,026 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $354,067 |
| Loan and leases loss allowance | $5,008 |
| Total loans and leases (domestic) | $359,075 |
| All real estate loans | $280,067 |
| Real estate loans in domestic offices | $280,067 |
| Construction and development loans | $50,911 |
| Residential 1-4 family construction | $11,840 |
| Other construction, all land development and other land | $39,071 |
| Loans secured by nonfarm nonresidential properties | $106,996 |
| Nonfarm nonresidential secured by owner-occupied properties | $85,862 |
| Commercial real estate & other non-farm, non-residential | $21,134 |
| Multifamily residential real estate | $5,726 |
| 1-4 family residential loans | $93,275 |
| Farmland loans | $23,159 |
| Loans held in foreign offices | $0 |
| Farm loans | $4,692 |
| Commercial and industrial loans | $54,875 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $11,533 |
| Credit card loans | $0 |
| Related Plans | $1,015 |
| Consumer Auto Loans | $3,170 |
| Other loans to individuals | $7,348 |
| All other loans & leases | $7,908 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $0 |
| Loans to depository institutions and acceptances of other banks | $5,569 |
| Loans not secured by real estate | $1,531 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $165 |
| Non 1-4 family restructured loans & leases | $165 |
| Total loans and leases (foreign) | $0 |
Citizens Bank & Trust had $354,067,000 of loans outstanding in 2019. $280,067,000 of loans were in real estate loans. $50,911,000 of loans were in development loans. $5,726,000 of loans were in multifamily mortgage loans. $93,275,000 of loans were in 1-4 family mortgage loans. $4,692,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,170,000 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 | 318 | $57,443 | $180,638 |
| Nonfarm, nonresidential loans - <$100k | 99 | $4,654 | $47,010 |
| Nonfarm, nonresidential loans - $100-250k | 122 | $16,418 | $134,574 |
| Nonfarm, nonresidential loans - $250k-1MM | 97 | $36,371 | $374,959 |
| Commercial & Industrial, US addressed loans - <$1MM | 816 | $39,678 | $48,625 |
| Commercial & Industrial, US addressed loans - <$100k | 661 | $12,144 | $18,372 |
| Commercial & Industrial, US addressed loans - $100-250k | 88 | $8,420 | $95,682 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 67 | $19,114 | $285,284 |
| Farmland loans - <$1MM | 95 | $9,497 | $99,968 |
| Farmland loans - <$100k | 45 | $1,991 | $44,244 |
| Farmland loans - $100-250k | 43 | $5,938 | $138,093 |
| Farmland loans - $250k-1MM | 7 | $1,568 | $224,000 |
| Agriculture operations loans - <$1MM | 176 | $4,679 | $26,585 |
| Agriculture operations loans - <$100k | 168 | $3,575 | $21,280 |
| Agriculture operations loans - $100-250k | 7 | $847 | $121,000 |
| Agriculture operations loans - $250k-1MM | 1 | $257 | $257,000 |