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, Crestview, Birmingham, and Scottsboro among others. We have data for 17 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
172Origination Dollar Volume (All Markets)
$38,240,000Employee count
131Top 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) | 81 | $17,075,000 | $210,802 | $0 | 0.00% |
| Cullman, AL (FHA|USDA|VA) | 42 | $8,420,000 | $200,476 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 3 | $3,185,000 | $1,061,667 | $0 | 0.00% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 15 | $2,815,000 | $187,667 | $0 | 0.00% |
| Scottsboro, AL (FHA|USDA|VA) | 2 | $1,710,000 | $855,000 | $0 | 0.00% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 9 | $1,545,000 | $171,667 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 3 | $935,000 | $311,667 | $0 | 0.00% |
| DECATUR, AL (FHA|USDA|VA) | 5 | $595,000 | $119,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $0 | 0.00% |
| Fort Payne, AL (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 0.00% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 4 | $160,000 | $40,000 | $0 | 0.00% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $45,000 | $45,000 | $0 | 0.00% |
| GADSDEN, AL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 172 | $38,240,000 | $222,326 | $0 | 0.00% |
For 2021, Citizens Bank & Trust's most frequently originated type of loan was Conventional, with 172 originations.
Loan Reason
For 2021, Citizens Bank & Trust's most frequently cited loan purpose was Home Purchase, with 88 originations. The 2nd most popular reason was Refi, with 82 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 172 | $38,240,000 | $222,326 | $0 | 0.00% |
For 2021, Citizens Bank & Trust's most frequently cited loan duration was Other, with 172 originations.
Loan Sizing
2021 saw Citizens Bank & Trust place emphasis on $100,000 or less loans with 56 originations, totaling $3,370,000 in origination value.
Applicant Income
Citizens Bank & Trust lent most frequently to those with incomes in the $150k-250k range, with 31 originations. The second most popular income band? $100k-150k, with 28 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 172 | $38,240,000 | $222,326 | $0 | 0.00% |
Citizens Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 172 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.38%
Citizens Bank & Trust has an average approval rate.
Pick Rate
Approvals leading to origination83.14%
Citizens Bank & Trust has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 172 | $38,240,000 | $222,326 |
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 | 1205 North Brindlee Mountain Parkway Arab, AL 35016 | Full Service B&M | $82,117 |
| Citizens Bank & Trust | 13870 Highway 231/431 North Hazel Green, AL 35750 | Full Service B&M | $34,639 |
| Citizens Bank & Trust | 223 2nd Avenue Se Cullman, AL 35055 | Full Service B&M | $30,373 |
| Citizens Bank & Trust | 25530 Alabama Highway 127 Elkmont, AL 35620 | Full Service B&M | $15,721 |
| Citizens Bank & Trust | 324 North Broad Street Albertville, AL 35950 | Full Service B&M | $170,812 |
| Citizens Bank & Trust | 5053 Main Drive New Hope, AL 35760 | Full Service B&M | $21,152 |
| Citizens Bank & Trust | 711 Gunter Avenue Guntersville, AL 35976 | Full Service B&M | $318,513 |
| Citizens Bank & Trust | Market Square, 42 Rogersville, AL 35652 | Full Service B&M | $32,611 |
For 2021, Citizens Bank & Trust had 8 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $25,952 |
| Net interest income | $23,710 |
| Total noninterest income | $5,507 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $1,113 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $4,394 |
| Pre-tax net operating income | $8,318 |
| Securities gains (or losses, -) | $1 |
| Income before extraordinary items | $7,486 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $7,486 |
| Minority interest net income | $0 |
| Net income | $7,486 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $7,485 |
Citizens Bank & Trust's gross interest income from loans was $25,952,000.
Citizens Bank & Trust's net interest income from loans was $23,710,000.
Citizens Bank & Trust's fee based income from loans was $1,113,000.
Citizens Bank & Trust's net income from loans was $7,486,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $2,242 |
| Provision for credit losses | $1,836 |
| Total noninterest expense | $19,063 |
| Salaries and employee benefits | $9,825 |
| Premises and equipment expense | $1,569 |
| Additional noninterest expense | $7,669 |
| Applicable income taxes | $833 |
| Net charge-offs | $232 |
| Cash dividends | $362 |
Citizens Bank & Trust's interest expense for loans was $2,242,000.
Citizens Bank & Trust's payroll and benefits expense were $9,825,000.
Citizens Bank & Trust's property, plant and equipment expenses $1,569,000.
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 | 0.0% |
| Other consumer loans | 0.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $810,695 |
| Deposits held in domestic offices | $810,695 |
| Deposits by Individuals, partnerships, and corporations | $589,144 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $221,303 |
| Deposits by Commercial banks and other depository institutions in U.S. | $248 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $95,825 |
| Demand deposits | $68,959 |
| Nontransaction accounts | $714,870 |
| Money market deposit accounts (MMDAs) | $112,919 |
| Other savings deposits (excluding MMDAs) | $501,286 |
| Total time deposits | $100,664 |
| Total time and savings deposits | $741,736 |
| Noninterest-bearing deposits | $205,730 |
| Interest-bearing deposits | $604,965 |
| Retail deposits | $777,035 |
| IRAs and Keogh plan accounts | $15,212 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $964,857 |
| Cash & Balances due from depository institutions | $41,802 |
| Interest-bearing balances | $34,389 |
| Total securities | $443,650 |
| Federal funds sold & reverse repurchase | $100 |
| Net loans and leases | $425,284 |
| Loan and leases loss allowance | $7,666 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $18,929 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $35,092 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $964,857 |
| Total Liabilities | $879,195 |
| Total deposits | $810,695 |
| Interest-bearing deposits | $604,965 |
| Deposits held in domestic offices | $810,695 |
| % insured (estimated) | $55 |
| Federal funds purchased and repurchase agreements | $29,465 |
| Trading liabilities | $0 |
| Other borrowed funds | $35,000 |
| Subordinated debt | $0 |
| All other liabilities | $4,035 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $425,284 |
| Loan and leases loss allowance | $7,666 |
| Total loans and leases (domestic) | $432,950 |
| All real estate loans | $323,976 |
| Real estate loans in domestic offices | $323,976 |
| Construction and development loans | $57,447 |
| Residential 1-4 family construction | $10,725 |
| Other construction, all land development and other land | $46,722 |
| Loans secured by nonfarm nonresidential properties | $123,775 |
| Nonfarm nonresidential secured by owner-occupied properties | $88,111 |
| Commercial real estate & other non-farm, non-residential | $35,664 |
| Multifamily residential real estate | $9,010 |
| 1-4 family residential loans | $115,890 |
| Farmland loans | $17,854 |
| Loans held in foreign offices | $0 |
| Farm loans | $4,065 |
| Commercial and industrial loans | $88,930 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $10,555 |
| Credit card loans | $0 |
| Related Plans | $1,300 |
| Consumer Auto Loans | $2,943 |
| Other loans to individuals | $6,312 |
| All other loans & leases | $5,424 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $0 |
| Loans to depository institutions and acceptances of other banks | $4,000 |
| Loans not secured by real estate | $118 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $919 |
| Non 1-4 family restructured loans & leases | $771 |
| Total loans and leases (foreign) | $0 |
Citizens Bank & Trust had $425,284,000 of loans outstanding in 2021. $323,976,000 of loans were in real estate loans. $57,447,000 of loans were in development loans. $9,010,000 of loans were in multifamily mortgage loans. $115,890,000 of loans were in 1-4 family mortgage loans. $4,065,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,943,000 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 | 314 | $59,833 | $190,551 |
| Nonfarm, nonresidential loans - <$100k | 80 | $3,478 | $43,475 |
| Nonfarm, nonresidential loans - $100-250k | 126 | $17,096 | $135,683 |
| Nonfarm, nonresidential loans - $250k-1MM | 108 | $39,259 | $363,509 |
| Commercial & Industrial, US addressed loans - <$1MM | 758 | $45,394 | $59,887 |
| Commercial & Industrial, US addressed loans - <$100k | 567 | $11,889 | $20,968 |
| Commercial & Industrial, US addressed loans - $100-250k | 108 | $11,045 | $102,269 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 83 | $22,460 | $270,602 |
| Farmland loans - <$1MM | 86 | $8,942 | $103,977 |
| Farmland loans - <$100k | 42 | $1,824 | $43,429 |
| Farmland loans - $100-250k | 35 | $4,705 | $134,429 |
| Farmland loans - $250k-1MM | 9 | $2,413 | $268,111 |
| Agriculture operations loans - <$1MM | 150 | $3,478 | $23,187 |
| Agriculture operations loans - <$100k | 143 | $2,806 | $19,622 |
| Agriculture operations loans - $100-250k | 7 | $672 | $96,000 |