Citizens Bank & Trust Company Of Vivian Louisiana Mortgage Rates, Fees & Info

Vivian, LA

LEI: 549300B8JQ9XD5FQQH32

Tax ID: 72-0643580

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Mortgage Data

Bank Data

Review & Overview

Citizens Bank & Trust Company Of Vivian Louisiana is a smaller bank specializing in Home Purchase loans. Citizens Bank & Trust Company Of Vivian Louisiana has a high proportion of conventional loans. They have a a high proportion of FHA loans. Their top markets by origination volume include: Shreveport, Minden, Daphne, Ruston, and Baton Rouge 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 Company Of Vivian Louisiana has an above 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

244

Origination Dollar Volume (All Markets)

$34,800,000

Employee count

57

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
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 204 $28,300,000 $138,725 $0 0.00%
Outside of Metro Areas 19 $3,015,000 $158,684 $0 0.00%
Minden, LA (FHA|USDA|VA) 7 $575,000 $82,143 $0 0.00%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $485,000 $485,000 $0 0.00%
Ruston, LA (FHA|USDA|VA) 2 $440,000 $220,000 $0 0.00%
BATON ROUGE, LA (FHA|USDA|VA) 2 $380,000 $190,000 $0 0.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $335,000 $335,000 $0 0.00%
Natchitoches, LA (FHA|USDA|VA) 1 $275,000 $275,000 $0 0.00%
LONGVIEW, TX (FHA|USDA|VA) 2 $230,000 $115,000 $0 0.00%
Jacksonville, TX (FHA|USDA|VA) 1 $165,000 $165,000 $0 0.00%
Vicksburg, MS (FHA|USDA|VA) 1 $165,000 $165,000 $0 0.00%
Opelousas, LA (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
LAFAYETTE, LA (FHA|USDA|VA) 1 $135,000 $135,000 $0 0.00%
Citizens Bank & Trust Company Of Vivian Louisiana's top markets include Shreveport, Minden, Daphne, Ruston, and Baton Rouge among others.

Their top states include:
  • Louisiana (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Mississippi (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 137 $16,175,000 $118,066 $0 0.00%
    FHA 74 $12,410,000 $167,703 $0 0.00%
    VA 17 $4,085,000 $240,294 $0 0.00%
    USDA 16 $2,130,000 $133,125 $0 0.00%

    For 2018, Citizens Bank & Trust Company Of Vivian Louisiana's most frequently originated type of loan was Conventional, with 137 originations. Their 2nd most popular type was FHA, with 74 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 169 $27,755,000 $164,231 $0 0.00%
    Refi 42 $4,500,000 $107,143 $0 0.00%
    Cash Out Refi 19 $1,625,000 $85,526 $0 0.00%
    Home Improvement 7 $745,000 $106,429 $0 0.00%
    Other 7 $175,000 $25,000 $0 0.00%

    For 2018, Citizens Bank & Trust Company Of Vivian Louisiana's most frequently cited loan purpose was Home Purchase, with 169 originations. The 2nd most popular reason was Refi, with 42 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 244 $34,800,000 $142,623 $0 0.00%

    For 2018, Citizens Bank & Trust Company Of Vivian Louisiana's most frequently cited loan duration was Other, with 244 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 91 $4,535,000 $49,835 $0 0.00%
    $100k-200k 84 $12,210,000 $145,357 $0 0.00%
    $200k-400k 64 $15,740,000 $245,938 $0 0.00%
    $400k-600k 5 $2,315,000 $463,000 $0 0.00%

    2018 saw Citizens Bank & Trust Company Of Vivian Louisiana place emphasis on $100,000 or less loans with 91 originations, totaling $4,535,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 80 $10,750,000 $134,375 $0 0.00%
    $50k or less 68 $5,990,000 $88,088 $0 0.00%
    $100k-150k 36 $7,070,000 $196,389 $0 0.00%
    $75k-100k 33 $5,925,000 $179,545 $0 0.00%
    $150k-250k 11 $2,535,000 $230,455 $0 0.00%
    $250k+ 1 $325,000 $325,000 $0 0.00%

    Citizens Bank & Trust Company Of Vivian Louisiana lent most frequently to those with incomes in the $50k-75k range, with 80 originations. The second most popular income band? $50k or less, with 68 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 244 $34,800,000 $142,623 $0 0.00%

    Citizens Bank & Trust Company Of Vivian Louisiana lent most frequently to those with DTI ratios of Exempt%, with 244 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 187 $26,225,000 $140,241 $0 0.00%
    Black 39 $5,535,000 $141,923 $0 0.00%
    Not applicable 11 $1,495,000 $135,909 $0 0.00%
    Asian 6 $1,370,000 $228,333 $0 0.00%
    American Indian 1 $175,000 $175,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.67%

    Citizens Bank & Trust Company Of Vivian Louisiana has an average approval rate.

    Pick Rate

    Approvals leading to origination
    78.28%

    Citizens Bank & Trust Company Of Vivian Louisiana has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 244 $34,800,000 $142,623

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 4 $530,000 $132,500
    Single Family (1-4 Units):Manufactured 63 $5,025,000 $79,762
    Single Family (1-4 Units):Site-Built 177 $29,245,000 $165,226

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Citizens Savings & Loan Corporation, Chattanooga, TN Branch Conventional home mortgage Trouble during payment process 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Citizens Bank & Trust Company of Vivian, Louisiana 110 Highway One North Oil City, LA 71061 Full Service B&M $4,605
    Citizens Bank & Trust Company of Vivian, Louisiana 120 West Arkansas Avenue Vivian, LA 71082 Full Service B&M $69,706
    Citizens Bank & Trust Company of Vivian, Louisiana 5755 North Market Shreveport, LA 71107 Full Service B&M $31,127
    Citizens Bank & Trust Company of Vivian, Louisiana 6330 Youree Drive Shreveport, LA 71105 Full Service B&M $13,061

    For 2018, Citizens Bank & Trust Company Of Vivian Louisiana had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $5,783
    Net interest income $4,969
    Total noninterest income $2,154
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $373
    Trading account gains and fees $0
    Additional Noninterest Income $1,781
    Pre-tax net operating income $766
    Securities gains (or losses, -) $0
    Income before extraordinary items $766
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $766
    Minority interest net income $0
    Net income $766
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $766

    Citizens Bank & Trust Company Of Vivian Louisiana's gross interest income from loans was $5,783,000.
    Citizens Bank & Trust Company Of Vivian Louisiana's net interest income from loans was $4,969,000.
    Citizens Bank & Trust Company Of Vivian Louisiana's fee based income from loans was $373,000.
    Citizens Bank & Trust Company Of Vivian Louisiana's net income from loans was $766,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $814
    Provision for credit losses $35
    Total noninterest expense $6,322
    Salaries and employee benefits $3,591
    Premises and equipment expense $660
    Additional noninterest expense $2,071
    Applicable income taxes $0
    Net charge-offs $58
    Cash dividends $559

    Citizens Bank & Trust Company Of Vivian Louisiana's interest expense for loans was $814,000.
    Citizens Bank & Trust Company Of Vivian Louisiana's payroll and benefits expense were $3,591,000.
    Citizens Bank & Trust Company Of Vivian Louisiana's property, plant and equipment expenses $660,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 2.0%
    Real Estate loans 2.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 4.0%
    HELOC loans 28.0%
    All other family 4.0%
    Commercial & industrial loans 0.0%
    Personal loans 3.0%
    Credit card loans 0.0%
    Other individual loans 3.0%
    Auto loans 9.0%
    Other consumer loans 2.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $118,269
    Deposits held in domestic offices $118,269
    Deposits by Individuals, partnerships, and corporations $108,571
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $9,448
    Deposits by Commercial banks and other depository institutions in U.S. $250
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $46,146
    Demand deposits $40,515
    Nontransaction accounts $72,123
    Money market deposit accounts (MMDAs) $37,720
    Other savings deposits (excluding MMDAs) $7,472
    Total time deposits $26,931
    Total time and savings deposits $77,754
    Noninterest-bearing deposits $27,781
    Interest-bearing deposits $90,488
    Retail deposits $112,969
    IRAs and Keogh plan accounts $3,427
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $136,217
    Cash & Balances due from depository institutions $5,500
    Interest-bearing balances $1,996
    Total securities $50,101
    Federal funds sold & reverse repurchase $3,350
    Net loans and leases $67,849
    Loan and leases loss allowance $420
    Trading account assets $0
    Bank premises and fixed assets $3,467
    Other real estate owned $947
    Goodwill and other intangibles $780
    All other assets $4,223

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $136,217
    Total Liabilities $119,290
    Total deposits $118,269
    Interest-bearing deposits $90,488
    Deposits held in domestic offices $118,269
    % insured (estimated) $81
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $914
    Subordinated debt $0
    All other liabilities $107

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $67,849
    Loan and leases loss allowance $420
    Total loans and leases (domestic) $68,269
    All real estate loans $52,055
    Real estate loans in domestic offices $52,055
    Construction and development loans $6,959
    Residential 1-4 family construction $3,746
    Other construction, all land development and other land $3,213
    Loans secured by nonfarm nonresidential properties $11,901
    Nonfarm nonresidential secured by owner-occupied properties $7,803
    Commercial real estate & other non-farm, non-residential $4,098
    Multifamily residential real estate $340
    1-4 family residential loans $32,826
    Farmland loans $29
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $7,326
    To non-U.S. addressees $0
    Loans to individuals $4,284
    Credit card loans $0
    Related Plans $394
    Consumer Auto Loans $617
    Other loans to individuals $3,273
    All other loans & leases $4,641
    Loans to foreign governments and official institutions $0
    Other loans $8
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $1,284
    Non 1-4 family restructured loans & leases $661
    Total loans and leases (foreign) $0

    Citizens Bank & Trust Company of Vivian Louisiana had $67,849,000 of loans outstanding in 2018. $52,055,000 of loans were in real estate loans. $6,959,000 of loans were in development loans. $340,000 of loans were in multifamily mortgage loans. $32,826,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $617,000 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 44 $5,680 $129,091
    Nonfarm, nonresidential loans - <$100k 18 $740 $41,111
    Nonfarm, nonresidential loans - $100-250k 20 $2,368 $118,400
    Nonfarm, nonresidential loans - $250k-1MM 6 $2,572 $428,667
    Commercial & Industrial, US addressed loans - <$1MM 159 $7,326 $46,075
    Commercial & Industrial, US addressed loans - <$100k 129 $2,002 $15,519
    Commercial & Industrial, US addressed loans - $100-250k 20 $1,998 $99,900
    Commercial & Industrial, US addressed loans - $250k-1MM 10 $3,326 $332,600
    Farmland loans - <$1MM 2 $29 $14,500
    Farmland loans - <$100k 2 $29 $14,500