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

Vivian, LA

LEI: 549300B8JQ9XD5FQQH32

Tax ID: 72-0643580

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 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 an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Shreveport, Ruston, Longview, Minden, and Lake Charles among others. We have data for 18 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

307

Origination Dollar Volume (All Markets)

$45,415,000

Employee count

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)	261	$37,455,000	$143,506	$0	5.69%
Outside of Metro Areas	13	$2,355,000	$181,154	$0	0.00%
Ruston, LA (FHA\|USDA\|VA)	8	$1,400,000	$175,000	$0	0.00%
LONGVIEW, TX (FHA\|USDA\|VA)	4	$650,000	$162,500	$0	0.00%
Minden, LA (FHA\|USDA\|VA)	5	$565,000	$113,000	$0	0.00%
LAKE CHARLES, LA (FHA\|USDA\|VA)	2	$420,000	$210,000	$0	0.00%
LAFAYETTE, LA (FHA\|USDA\|VA)	2	$350,000	$175,000	$0	0.00%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA\|USDA\|VA)	1	$345,000	$345,000	$0	0.00%
ALEXANDRIA, LA (FHA\|USDA\|VA)	2	$320,000	$160,000	$0	0.00%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	1	$285,000	$285,000	$0	0.00%
Natchitoches, LA (FHA\|USDA\|VA)	1	$225,000	$225,000	$0	0.00%
TYLER, TX (FHA\|USDA\|VA)	1	$215,000	$215,000	$0	0.00%
MONROE, LA (FHA\|USDA\|VA)	1	$185,000	$185,000	$0	0.00%
Big Spring, TX (FHA\|USDA\|VA)	1	$175,000	$175,000	$0	0.00%
BATON ROUGE, LA (FHA\|USDA\|VA)	1	$165,000	$165,000	$0	0.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	0.00%
Athens, TX (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	0.00%
Picayune, MS (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	0.00%

Citizens Bank & Trust Company Of Vivian Louisiana's top markets include Shreveport, Ruston, Longview, Minden, and Lake Charles among others.

Their top states include:

Louisiana (FHA|USDA|VA)

Texas (FHA|USDA|VA)

Florida (FHA|USDA|VA)

Mississippi (FHA|USDA|VA)

(FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	188	$25,560,000	$135,957	$0	0.00%
FHA	65	$10,685,000	$164,385	$0	0.00%
VA	34	$6,870,000	$202,059	$0	0.00%
USDA	16	$2,070,000	$129,375	$0	0.00%
HELOC	4	$230,000	$57,500	n/a	5.69%

For 2019, Citizens Bank & Trust Company Of Vivian Louisiana's most frequently originated type of loan was Conventional, with 188 originations. Their 2nd most popular type was FHA, with 65 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	199	$32,815,000	$164,899	$0	6.00%
Refi	62	$7,720,000	$124,516	$0	5.25%
Cash Out Refi	36	$4,600,000	$127,778	$0	0.00%
Home Improvement	6	$210,000	$35,000	$0	5.50%
Other	4	$70,000	$17,500	$0	0.00%

For 2019, Citizens Bank & Trust Company Of Vivian Louisiana's most frequently cited loan purpose was Home Purchase, with 199 originations. The 2nd most popular reason was Refi, with 62 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	303	$45,185,000	$149,125	$0	0.00%
1 Year	4	$230,000	$57,500	$0	5.69%

For 2019, Citizens Bank & Trust Company Of Vivian Louisiana's most frequently cited loan duration was Other, with 303 originations. The 2nd most popular length was 1 Year, with 4 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
5-6%	4	$230,000	$57,500

During 2019, Citizens Bank & Trust Company Of Vivian Louisiana's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 5-6%, with 4 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-200k	119	$17,745,000	$149,118	$0	0.00%
$100,000 or less	117	$6,645,000	$56,795	$0	5.69%
$200k-400k	65	$17,085,000	$262,846	$0	0.00%
$400k-600k	5	$2,195,000	$439,000	$0	0.00%
$1MM+	1	$1,745,000	$1,745,000	$0	0.00%

2019 saw Citizens Bank & Trust Company Of Vivian Louisiana place emphasis on $100k-200k loans with 119 originations, totaling $17,745,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k or less	86	$8,320,000	$96,744	$0	5.50%
$50k-75k	73	$10,745,000	$147,192	$0	0.00%
$75k-100k	59	$10,175,000	$172,458	$0	0.00%
$100k-150k	41	$7,475,000	$182,317	$0	0.00%
$150k-250k	19	$4,165,000	$219,211	$0	0.00%
$250k+	3	$665,000	$221,667	$0	0.00%

Citizens Bank & Trust Company Of Vivian Louisiana lent most frequently to those with incomes in the $50k or less range, with 86 originations. The second most popular income band? $50k-75k, with 73 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	303	$45,185,000	$149,125	$0	0.00%

Citizens Bank & Trust Company Of Vivian Louisiana lent most frequently to those with DTI ratios of Exempt%, with 303 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	230	$33,790,000	$146,913	$0	5.50%
Black	52	$7,840,000	$150,769	$0	0.00%
Not applicable	21	$3,305,000	$157,381	$0	5.75%
Asian	2	$380,000	$190,000	$0	0.00%
Not provided	2	$100,000	$50,000	$0	0.00%

Approval Rates

Total approvals of all applications
95.77%

Citizens Bank & Trust Company Of Vivian Louisiana has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

Pick Rate

Approvals leading to origination
89.25%

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

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	303	$45,185,000	$149,125
NA	4	$230,000	$57,500

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Multifamily:Site-Built	5	$2,295,000	$459,000
Single Family (1-4 Units):Manufactured	60	$5,030,000	$83,833
Single Family (1-4 Units):Site-Built	242	$38,090,000	$157,397

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	1	$5,000	$5,000	$0	5.50%
40-60%	2	$140,000	$70,000	$0	5.63%
60-80%	1	$85,000	$85,000	$0	6.00%

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 Company of Vivian, Louisiana	110 Highway One North Oil City, LA 71061	Full Service B&M	$4,879
Citizens Bank & Trust Company of Vivian, Louisiana	120 West Arkansas Avenue Vivian, LA 71082	Full Service B&M	$70,835
Citizens Bank & Trust Company of Vivian, Louisiana	5755 North Market Shreveport, LA 71107	Full Service B&M	$32,409
Citizens Bank & Trust Company of Vivian, Louisiana	6330 Youree Drive Shreveport, LA 71105	Full Service B&M	$12,152

For 2019, Citizens Bank & Trust Company Of Vivian Louisiana had 4 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$6,025
Net interest income	$4,973
Total noninterest income	$2,364
Gross Fiduciary activities income	$0
Service charges on deposit accounts	$367
Trading account gains and fees	$0
Additional Noninterest Income	$1,997
Pre-tax net operating income	$824
Securities gains (or losses, -)	$252
Income before extraordinary items	$1,076
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$1,076
Minority interest net income	$0
Net income	$1,076
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$824

Citizens Bank & Trust Company Of Vivian Louisiana's gross interest income from loans was $6,025,000.
Citizens Bank & Trust Company Of Vivian Louisiana's net interest income from loans was $4,973,000.
Citizens Bank & Trust Company Of Vivian Louisiana's fee based income from loans was $367,000.
Citizens Bank & Trust Company Of Vivian Louisiana's net income from loans was $1,076,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$1,052
Provision for credit losses	$200
Total noninterest expense	$6,313
Salaries and employee benefits	$3,685
Premises and equipment expense	$653
Additional noninterest expense	$1,975
Applicable income taxes	$0
Net charge-offs	$119
Cash dividends	$688

Citizens Bank & Trust Company Of Vivian Louisiana's interest expense for loans was $1,052,000.
Citizens Bank & Trust Company Of Vivian Louisiana's payroll and benefits expense were $3,685,000.
Citizens Bank & Trust Company Of Vivian Louisiana's property, plant and equipment expenses $653,000.

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	18.0%
All other family	4.0%
Commercial & industrial loans	1.0%
Personal loans	2.0%
Credit card loans	0.0%
Other individual loans	2.0%
Auto loans	2.0%
Other consumer loans	2.0%
Unsecured commercial real estate loans	0.0%

Deposits

Type	Value (in 000's)
Total deposits	$119,117
Deposits held in domestic offices	$119,117
Deposits by Individuals, partnerships, and corporations	$105,893
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$13,224
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	$49,947
Demand deposits	$44,670
Nontransaction accounts	$69,170
Money market deposit accounts (MMDAs)	$34,075
Other savings deposits (excluding MMDAs)	$7,545
Total time deposits	$27,550
Total time and savings deposits	$74,447
Noninterest-bearing deposits	$29,006
Interest-bearing deposits	$90,111
Retail deposits	$113,286
IRAs and Keogh plan accounts	$3,138
Brokered deposits	$0
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$138,624
Cash & Balances due from depository institutions	$6,420
Interest-bearing balances	$2,627
Total securities	$42,949
Federal funds sold & reverse repurchase	$8,175
Net loans and leases	$71,842
Loan and leases loss allowance	$501
Trading account assets	$0
Bank premises and fixed assets	$3,575
Other real estate owned	$664
Goodwill and other intangibles	$780
All other assets	$4,219

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$138,624
Total Liabilities	$120,084
Total deposits	$119,117
Interest-bearing deposits	$90,111
Deposits held in domestic offices	$119,117
% insured (estimated)	$81
Federal funds purchased and repurchase agreements	$0
Trading liabilities	$0
Other borrowed funds	$832
Subordinated debt	$0
All other liabilities	$135

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$71,842
Loan and leases loss allowance	$501
Total loans and leases (domestic)	$72,343
All real estate loans	$58,220
Real estate loans in domestic offices	$58,220
Construction and development loans	$8,581
Residential 1-4 family construction	$4,250
Other construction, all land development and other land	$4,331
Loans secured by nonfarm nonresidential properties	$17,962
Nonfarm nonresidential secured by owner-occupied properties	$13,941
Commercial real estate & other non-farm, non-residential	$4,021
Multifamily residential real estate	$327
1-4 family residential loans	$31,350
Farmland loans	$0
Loans held in foreign offices	$0
Farm loans	$0
Commercial and industrial loans	$6,570
To non-U.S. addressees	$0
Loans to individuals	$3,584
Credit card loans	$0
Related Plans	$320
Consumer Auto Loans	$702
Other loans to individuals	$2,562
All other loans & leases	$3,988
Loans to foreign governments and official institutions	$0
Other loans	$19
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	$1,071
Non 1-4 family restructured loans & leases	$330
Total loans and leases (foreign)	$0

Citizens Bank & Trust Company of Vivian Louisiana had $71,842,000 of loans outstanding in 2019. $58,220,000 of loans were in real estate loans. $8,581,000 of loans were in development loans. $327,000 of loans were in multifamily mortgage loans. $31,350,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $702,000 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	49	$6,686	$136,449
Nonfarm, nonresidential loans - <$100k	21	$924	$44,000
Nonfarm, nonresidential loans - $100-250k	21	$2,480	$118,095
Nonfarm, nonresidential loans - $250k-1MM	7	$3,282	$468,857
Commercial & Industrial, US addressed loans - <$1MM	126	$6,570	$52,143
Commercial & Industrial, US addressed loans - <$100k	97	$1,423	$14,670
Commercial & Industrial, US addressed loans - $100-250k	19	$1,656	$87,158
Commercial & Industrial, US addressed loans - $250k-1MM	10	$3,491	$349,100