Ctbc Bank Corp. (usa) Mortgage Rates, Fees & Info

Los Angeles, CA

LEI: 5493005LWLLN6G3XQP35

Tax ID: 95-2368050

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Ctbc Bank Corp. (usa) is a smaller bank specializing in Home Purchase loans. Ctbc Bank Corp. (usa) has a high proportion of conventional loans. Their top markets include Los Angeles, New York, Riverside, San Francisco, and San Jose among others. Ctbc Bank Corp. (usa) has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors.


Originations

460

Origination Dollar Volume (All Markets)

$418,280,000

Employee count

345

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 271 $301,055,000 $1,110,904 $0 0.00%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 88 $52,620,000 $597,955 $0 0.00%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 53 $25,765,000 $486,132 $0 0.00%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 18 $16,180,000 $898,889 $0 0.00%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 13 $11,685,000 $898,846 $0 0.00%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 7 $4,205,000 $600,714 $0 0.00%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 6 $4,080,000 $680,000 $0 0.00%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $1,495,000 $1,495,000 $0 0.00%
VALLEJO, CA (FHA|USDA|VA) 1 $465,000 $465,000 $0 0.00%
Outside of Metro Areas 1 $375,000 $375,000 $0 0.00%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $355,000 $355,000 $0 0.00%

Ctbc Bank Corp. (usa)'s top markets include Los Angeles, New York, Riverside, San Francisco, and San Jose among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 460 $418,280,000 $909,304 $0 0.00%

For the 2021 period, Ctbc Bank Corp. (usa)'s most frequently originated loan type of loans were Conventional, with 460 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 331 $316,045,000 $954,819 $0 0.00%
Refi 78 $57,630,000 $738,846 $0 0.00%
Cash Out Refi 33 $29,565,000 $895,909 $0 0.00%
Other 10 $8,440,000 $844,000 $0 0.00%
Home Improvement 8 $6,600,000 $825,000 $0 0.00%

For the 2021, Ctbc Bank Corp. (usa)'s most frequently cited loan purpose of loans were Home Purchase, with 331 originations. The 2nd most popular reason of loans were Refi, with 78 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
Other 460 $418,280,000 $909,304 $0 0.00%

For the 2021, Ctbc Bank Corp. (usa)'s most frequently cited loan length of loans were Other, with 460 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$600k-1MM 135 $103,325,000 $765,370 $0 0.00%
$1MM+ 125 $235,215,000 $1,881,720 $0 0.00%
$400k-600k 105 $51,295,000 $488,524 $0 0.00%
$200k-400k 90 $27,690,000 $307,667 $0 0.00%
$100k-200k 4 $660,000 $165,000 $0 0.00%
$100,000 or less 1 $95,000 $95,000 $0 0.00%

2021 saw Ctbc Bank Corp. (usa) place emphasis on $600k-1MM loans with 135 originations, totaling $103,325,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$250k+ 70 $73,110,000 $1,044,429 $0 0.00%
$150k-250k 45 $26,745,000 $594,333 $0 0.00%
$75k-100k 31 $12,325,000 $397,581 $0 0.00%
$100k-150k 29 $14,925,000 $514,655 $0 0.00%
$50k-75k 25 $8,475,000 $339,000 $0 0.00%
$50k or less 10 $3,340,000 $334,000 $0 0.00%

Ctbc Bank Corp. (usa) lent most frequently to those with incomes in the $250k+ range, with 70 originations. The second most popular income band? $150k-250k, with 45 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
Exempt% 460 $418,280,000 $909,304 $0 0.00%

Ctbc Bank Corp. (usa) lent most frequently to those with DTI ratios of Exempt%, with 460 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
Asian 421 $343,935,000 $816,948 $0 0.00%
Not applicable 25 $62,395,000 $2,495,800 $0 0.00%
White 11 $9,155,000 $832,273 $0 0.00%
Not provided 1 $1,325,000 $1,325,000 $0 0.00%
American Indian 1 $765,000 $765,000 $0 0.00%
Chinese 1 $705,000 $705,000 $0 0.00%

Approval Rates

Total approvals of all applications
94.13%

Ctbc Bank Corp. (usa) has an average approval rate.

Pick Rate

Approvals leading to origination
71.83%

Ctbc Bank Corp. (usa) has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
Exempt 460 $418,280,000 $909,304

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
460 $418,280,000 $909,304

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Ctbc Bank Corp. (Usa) 1143 Grant Avenue San Francisco, CA 94133 Full Service B&M $53,377
Ctbc Bank Corp. (Usa) 15343 Culver Drive Irvine, CA 92604 Full Service B&M $409,475
Ctbc Bank Corp. (Usa) 1753 Route 27 Edison, NJ 8817 Full Service B&M $98,489
Ctbc Bank Corp. (Usa) 17851 Colima Road, Suite A1 City Of Industry, CA 91748 Full Service B&M $301,273
Ctbc Bank Corp. (Usa) 18645 Gale Avenue Suite 150 Industry, CA 91714 Full Service B&M $252,335
Ctbc Bank Corp. (Usa) 19620 Stevens Creek Boulevard Suite 160 Cupertino, CA 95014 Full Service B&M $819,681
Ctbc Bank Corp. (Usa) 250 West Valley Boulevard San Gabriel, CA 91776 Full Service B&M $260,055
Ctbc Bank Corp. (Usa) 258 Barber Court Milpitas, CA 95035 Full Service B&M $131,224
Ctbc Bank Corp. (Usa) 2956 Huntington Drive San Marino, CA 91108 Full Service B&M $267,147
Ctbc Bank Corp. (Usa) 41-99 Main Street Flushing, NY 11355 Full Service B&M $398,406
Ctbc Bank Corp. (Usa) 54-18 8th Avenue Brooklyn, NY 11220 Full Service B&M $80,620
Ctbc Bank Corp. (Usa) 56 East Duarte Road Arcadia, CA 91006 Full Service B&M $91,338
Ctbc Bank Corp. (Usa) 638 South Atlantic Boulevard Monterey Park, CA 91754 Full Service B&M $108,729
Ctbc Bank Corp. (Usa) 801 South Figueroa Street, Suite 2300 Los Angeles, CA 90017 Full Service B&M $137,132

For 2021, Ctbc Bank Corp. (usa) had 14 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $140,985
Net interest income $124,948
Total noninterest income $14,546
Gross Fiduciary activities income $0
Service charges on deposit accounts $141
Trading account gains and fees $0
Additional Noninterest Income $14,405
Pre-tax net operating income $61,891
Securities gains (or losses, -) $186
Income before extraordinary items $45,629
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $45,629
Minority interest net income $0
Net income $45,629
Sale, conversion, retirement of capital stock, net $0
Net operating income $45,482

Ctbc Bank Corp. (usa)'s gross interest income from loans was $140,985,000.
Ctbc Bank Corp. (usa)'s net interest income from loans was $124,948,000.
Ctbc Bank Corp. (usa)'s fee based income from loans was $141,000.
Ctbc Bank Corp. (usa)'s net income from loans was $45,629,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $16,037
Provision for credit losses $411
Total noninterest expense $77,192
Salaries and employee benefits $56,404
Premises and equipment expense $9,663
Additional noninterest expense $11,125
Applicable income taxes $16,448
Net charge-offs $-36
Cash dividends $0

Ctbc Bank Corp. (usa)'s interest expense for loans was $16,037,000.
Ctbc Bank Corp. (usa)'s payroll and benefits expense were $56,404,000.
Ctbc Bank Corp. (usa)'s property, plant and equipment expenses $9,663,000.

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 1.0%
1-4 family residential loans 0.0%
HELOC loans 0.0%
All other family 0.0%
Commercial & industrial loans 5.0%
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 $3,680,808
Deposits held in domestic offices $3,680,808
Deposits by Individuals, partnerships, and corporations $3,640,156
Deposits by U.S. Government $21,051
Deposits by States and political subdivisions in the U.S. $0
Deposits by Commercial banks and other depository institutions in U.S. $18,754
Deposits by Banks in foreign countries $847
Deposits by Foreign governments and official institutions $0
Transaction accounts $89,760
Demand deposits $52,550
Nontransaction accounts $3,591,048
Money market deposit accounts (MMDAs) $2,441,969
Other savings deposits (excluding MMDAs) $233,521
Total time deposits $915,558
Total time and savings deposits $3,628,258
Noninterest-bearing deposits $874,933
Interest-bearing deposits $2,805,875
Retail deposits $3,142,103
IRAs and Keogh plan accounts $14,439
Brokered deposits $47,687
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $4,329,500
Cash & Balances due from depository institutions $423,658
Interest-bearing balances $416,204
Total securities $258,077
Federal funds sold & reverse repurchase $0
Net loans and leases $3,454,651
Loan and leases loss allowance $37,657
Trading account assets $0
Bank premises and fixed assets $32,341
Other real estate owned $0
Goodwill and other intangibles $1,672
All other assets $159,101

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $4,329,500
Total Liabilities $3,728,879
Total deposits $3,680,808
Interest-bearing deposits $2,805,875
Deposits held in domestic offices $3,680,808
% insured (estimated) $35
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $24,626
Subordinated debt $0
All other liabilities $23,445

Issued Loan Types

Type Value (in 000's)
Net loans and leases $3,454,651
Loan and leases loss allowance $37,657
Total loans and leases (domestic) $3,492,308
All real estate loans $3,028,183
Real estate loans in domestic offices $3,028,183
Construction and development loans $39,388
Residential 1-4 family construction $0
Other construction, all land development and other land $39,388
Loans secured by nonfarm nonresidential properties $1,413,730
Nonfarm nonresidential secured by owner-occupied properties $303,204
Commercial real estate & other non-farm, non-residential $1,110,526
Multifamily residential real estate $385,268
1-4 family residential loans $1,189,797
Farmland loans $0
Loans held in foreign offices $0
Farm loans $0
Commercial and industrial loans $398,247
To non-U.S. addressees $0
Loans to individuals $0
Credit card loans $0
Related Plans $0
Consumer Auto Loans $0
Other loans to individuals $0
All other loans & leases $70,554
Loans to foreign governments and official institutions $0
Other loans $13
Loans to depository institutions and acceptances of other banks $70,541
Loans not secured by real estate $0
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $0
Non 1-4 family restructured loans & leases $0
Total loans and leases (foreign) $0

CTBC Bank Corp. (USA) had $3,454,651,000 of loans outstanding in 2021. $3,028,183,000 of loans were in real estate loans. $39,388,000 of loans were in development loans. $385,268,000 of loans were in multifamily mortgage loans. $1,189,797,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $0 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 68 $39,100 $575,000
Nonfarm, nonresidential loans - $100-250k 9 $1,647 $183,000
Nonfarm, nonresidential loans - $250k-1MM 59 $37,453 $634,797
Commercial & Industrial, US addressed loans - <$1MM 267 $33,958 $127,184
Commercial & Industrial, US addressed loans - <$100k 179 $5,075 $28,352
Commercial & Industrial, US addressed loans - $100-250k 42 $6,435 $153,214
Commercial & Industrial, US addressed loans - $250k-1MM 46 $22,448 $488,000