Citizens Bank Of Kansas Mortgage Rates, Fees & Info

Kingman, KS

LEI: 549300C4ZH7G6OB81F33

Tax ID: 48-0296945

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Citizens Bank Of Kansas is a smaller bank specializing in Refi, Home Purchase, and Cash Out Refi loans. Citizens Bank Of Kansas has a high proportion of conventional loans. Their top markets by origination volume include: Wichita, Winfield, Hutchinson, Kansas City, and Ponca City among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Citizens Bank Of Kansas 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. Citizens Bank Of Kansas is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    Originations

    277

    Origination Dollar Volume (All Markets)

    $46,105,000

    Employee count

    105

    Awards

    Citizens Bank of Kansas 30 Year Conventional Loans bronze
    Show all (1) awards

    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
    WICHITA, KS (FHA|USDA|VA) 194 $33,720,000 $173,814 $2,337 3.36%
    Outside of Metro Areas 42 $6,460,000 $153,810 $2,421 3.46%
    Winfield, KS (FHA|USDA|VA) 17 $3,325,000 $195,588 $2,239 3.44%
    Hutchinson, KS (FHA|USDA|VA) 12 $930,000 $77,500 $1,870 3.71%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $580,000 $290,000 $2,041 3.31%
    Ponca City, OK (FHA|USDA|VA) 2 $370,000 $185,000 $3,791 3.25%
    Emporia, KS (FHA|USDA|VA) 3 $195,000 $65,000 $2,524 3.90%
    ROCHESTER, MN (FHA|USDA|VA) 1 $155,000 $155,000 $2,566 3.25%
    MANHATTAN, KS (FHA|USDA|VA) 1 $145,000 $145,000 $2,390 3.38%
    JOPLIN, MO (FHA|USDA|VA) 1 $105,000 $105,000 $2,801 3.13%
    Cañon City, CO (FHA|USDA|VA) 1 $95,000 $95,000 $3,327 3.00%
    Dodge City, KS (FHA|USDA|VA) 1 $25,000 $25,000 $858 9.50%
    Citizens Bank Of Kansas's top markets include Wichita, Winfield, Hutchinson, Kansas City, and Ponca City among others.

    Their top states include:
  • Kansas (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Citizens Bank of Kansas based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    GOLDEN PLAINS
    Similarity Rank: 114
    SKYWARD
    Similarity Rank: 189
    Wichita Federal Credit Union
    Similarity Rank: 340
    HOME BANK AND TRUST COMPANY
    Similarity Rank: 432
    Central National Bank
    Similarity Rank: 540
    Intrust Bank
    Similarity Rank: 616
    Members Mortgage Services, L.L.C.
    Similarity Rank: 693
    Citizens Bank of Kansas
    Similarity Rank: 732
    CREDIT UNION OF AMERICA
    Similarity Rank: 903
    HEARTLAND CREDIT UNION
    Similarity Rank: 1159

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 277 $46,105,000 $166,444 $2,335 3.42%

    For 2020, Citizens Bank Of Kansas's most frequently originated type of loan was Conventional, with 277 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 114 $18,450,000 $161,842 $2,217 3.22%
    Home Purchase 90 $15,740,000 $174,889 $2,625 3.55%
    Cash Out Refi 69 $11,785,000 $170,797 $2,251 3.42%
    Home Improvement 3 $75,000 $25,000 $753 6.54%
    Other 1 $55,000 $55,000 $2,150 4.38%

    For 2020, Citizens Bank Of Kansas's most frequently cited loan purpose was Refi, with 114 originations. The 2nd most popular reason was Home Purchase, with 90 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 118 $22,340,000 $189,322 $2,567 3.32%
    15 Year 83 $11,155,000 $134,398 $2,097 3.05%
    20 Year 48 $7,080,000 $147,500 $2,303 3.49%
    Other 19 $3,545,000 $186,579 $2,484 5.00%
    10 Year 7 $1,955,000 $279,286 $1,542 3.64%
    5 Year 2 $30,000 $15,000 $697 6.88%

    For 2020, Citizens Bank Of Kansas's most frequently cited loan duration was 30 Year, with 118 originations. The 2nd most popular length was 15 Year, with 83 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 224 $38,900,000 $173,661
    $<1k 18 $950,000 $52,778
    $2k-3k 3 $595,000 $198,333

    Citizens Bank Of Kansas's average total fees were $2,567, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 224 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 112 $19,720,000 $176,071
    2.5-3% 107 $19,455,000 $181,822
    4-5% 39 $4,345,000 $111,410
    <2.5% 9 $1,545,000 $171,667
    5-6% 6 $970,000 $161,667
    6-7% 2 $40,000 $20,000
    7-8% 1 $5,000 $5,000
    Over 8% 1 $25,000 $25,000

    During 2020, Citizens Bank Of Kansas's average interest rate for loans was 3.32%, while their most frequently originated rate bucket for loans was 3-4%, with 112 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 111 $16,255,000 $146,441 $2,396 3.18%
    $100,000 or less 81 $4,965,000 $61,296 $1,878 3.89%
    $200k-400k 76 $19,240,000 $253,158 $2,584 3.26%
    $400k-600k 7 $3,375,000 $482,143 $3,008 3.09%
    $1MM+ 2 $2,270,000 $1,135,000 $0 4.40%

    2020 saw Citizens Bank Of Kansas place emphasis on $100k-200k loans with 111 originations, totaling $16,255,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 70 $12,560,000 $179,429 $2,442 3.19%
    $50k-75k 48 $5,900,000 $122,917 $2,320 3.37%
    $75k-100k 43 $6,705,000 $155,930 $2,405 3.29%
    $150k-250k 41 $9,635,000 $235,000 $2,392 3.04%
    $50k or less 40 $3,150,000 $78,750 $1,955 3.66%
    $250k+ 11 $4,165,000 $378,636 $2,705 3.04%

    Citizens Bank Of Kansas lent most frequently to those with incomes in the $100k-150k range, with 70 originations. The second most popular income band? $50k-75k, with 48 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 95 $16,265,000 $171,211 $2,293 3.36%
    <20% 56 $8,120,000 $145,000 $2,287 3.06%
    30-36% 48 $8,200,000 $170,833 $2,400 3.23%
    37% 11 $1,685,000 $153,182 $2,767 3.38%
    39% 7 $1,095,000 $156,429 $2,261 3.29%
    38% 7 $1,175,000 $167,857 $2,458 3.04%
    40% 6 $780,000 $130,000 $2,161 3.33%
    42% 4 $560,000 $140,000 $2,451 3.00%
    36% 4 $1,030,000 $257,500 $2,551 3.44%
    44% 3 $465,000 $155,000 $2,401 3.25%
    46% 2 $440,000 $220,000 $2,475 3.25%
    41% 2 $470,000 $235,000 $2,161 2.94%
    >60% 1 $55,000 $55,000 $2,150 4.38%
    45% 1 $195,000 $195,000 $2,584 3.25%
    50-60% 1 $155,000 $155,000 $1,520 4.13%

    Citizens Bank Of Kansas lent most frequently to those with DTI ratios of 20-30%, with 95 originations. The next most common DTI ratio? <20%, with 56 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 243 $40,745,000 $167,675 $2,346 3.28%
    Not applicable 23 $3,945,000 $171,522 $0 4.82%
    Not provided 9 $1,275,000 $141,667 $2,245 3.11%
    Asian 1 $135,000 $135,000 $2,209 2.75%
    Black 1 $5,000 $5,000 $833 7.25%

    Approval Rates

    Total approvals of all applications
    87.68%

    Citizens Bank Of Kansas has an average approval rate.

    Pick Rate

    Approvals leading to origination
    87.00%

    Citizens Bank Of Kansas has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 277 $46,105,000 $166,444

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 2 $1,410,000 $705,000
    Single Family (1-4 Units):Site-Built 275 $44,695,000 $162,527

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 10 $680,000 $68,000 $1,602 4.28%
    40-60% 38 $4,910,000 $129,211 $2,228 3.21%
    60-80% 121 $21,395,000 $176,818 $2,321 3.28%
    80-100% 98 $16,770,000 $171,122 $2,539 3.43%
    Over 100% 1 $205,000 $205,000 $0 5.00%
    Under 20% 6 $580,000 $96,667 $1,061 5.25%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 35 12.8%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Closing on a mortgage 13 4.7%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Credit monitoring or identity theft protection services 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Incorrect information on your report 5 1.8%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Problem with a credit reporting company's investigation into an existing problem 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Struggling to pay mortgage 26 9.5%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Trouble during payment process 109 39.8%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 3 1.1%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Struggling to pay mortgage 6 2.2%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Trouble during payment process 7 2.6%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 8 2.9%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Closing on a mortgage 3 1.1%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Struggling to pay mortgage 6 2.2%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 20 7.3%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 7 2.6%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Closing on a mortgage 4 1.5%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Struggling to pay mortgage 2 0.7%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Trouble during payment process 11 4.0%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Struggling to pay mortgage 3 1.1%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Trouble during payment process 4 1.5%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Citizens Bank of Kansas 300 North Main Street Kingman, KS 67068 Full Service B&M $65,393
    Citizens Bank of Kansas 1033 North Buckner Street Derby, KS 67037 Full Service B&M $78,553
    Citizens Bank of Kansas 104 West Main Pretty Prairie, KS 67570 Full Service B&M $21,151
    Citizens Bank of Kansas 120 East Kansas Medicine Lodge, KS 67104 Full Service B&M $57,921
    Citizens Bank of Kansas 1511 Main Winfield, KS 67156 Full Service B&M $36,924
    Citizens Bank of Kansas 225 Village Road El Dorado, KS 67042 Full Service B&M $32,081
    Citizens Bank of Kansas 2330 North Ohio Street Augusta, KS 67010 Full Service B&M $16,553
    Citizens Bank of Kansas 4820 E. Douglas Wichita, KS 67208 Full Service B&M $28,626
    Citizens Bank of Kansas 601 North Rock Road Derby, KS 67037 Full Service B&M $21,561
    Citizens Bank of Kansas 8718 West 13th Street Wichita, KS 67212 Full Service B&M $11,807
    Citizens Bank of Kansas 920 N. Rock Road Derby, KS 67037 Limited, Drive-thru $0

    For 2020, Citizens Bank Of Kansas had 11 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $15,248
    Net interest income $13,878
    Total noninterest income $2,958
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $925
    Trading account gains and fees $0
    Additional Noninterest Income $2,033
    Pre-tax net operating income $3,712
    Securities gains (or losses, -) $61
    Income before extraordinary items $3,730
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $3,730
    Minority interest net income $0
    Net income $3,730
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $3,669

    Citizens Bank Of Kansas's gross interest income from loans was $15,248,000.
    Citizens Bank Of Kansas's net interest income from loans was $13,878,000.
    Citizens Bank Of Kansas's fee based income from loans was $925,000.
    Citizens Bank Of Kansas's net income from loans was $3,730,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,370
    Provision for credit losses $282
    Total noninterest expense $12,842
    Salaries and employee benefits $7,604
    Premises and equipment expense $1,633
    Additional noninterest expense $3,605
    Applicable income taxes $43
    Net charge-offs $-72
    Cash dividends $2,800

    Citizens Bank Of Kansas's interest expense for loans was $1,370,000.
    Citizens Bank Of Kansas's payroll and benefits expense were $7,604,000.
    Citizens Bank Of Kansas's property, plant and equipment expenses $1,633,000.

    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 $387,313
    Deposits held in domestic offices $387,313
    Deposits by Individuals, partnerships, and corporations $334,947
    Deposits by U.S. Government $102
    Deposits by States and political subdivisions in the U.S. $52,248
    Deposits by Commercial banks and other depository institutions in U.S. $16
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $197,023
    Demand deposits $91,638
    Nontransaction accounts $190,290
    Money market deposit accounts (MMDAs) $91,301
    Other savings deposits (excluding MMDAs) $51,754
    Total time deposits $47,235
    Total time and savings deposits $295,675
    Noninterest-bearing deposits $92,186
    Interest-bearing deposits $295,127
    Retail deposits $377,785
    IRAs and Keogh plan accounts $6,879
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $462,774
    Cash & Balances due from depository institutions $33,156
    Interest-bearing balances $22,902
    Total securities $168,935
    Federal funds sold & reverse repurchase $3,054
    Net loans and leases $222,342
    Loan and leases loss allowance $2,757
    Trading account assets $0
    Bank premises and fixed assets $8,179
    Other real estate owned $0
    Goodwill and other intangibles $14,943
    All other assets $12,165

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $462,774
    Total Liabilities $403,830
    Total deposits $387,313
    Interest-bearing deposits $295,127
    Deposits held in domestic offices $387,313
    % insured (estimated) $80
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $15,550
    Subordinated debt $0
    All other liabilities $967

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $222,342
    Loan and leases loss allowance $2,757
    Total loans and leases (domestic) $225,099
    All real estate loans $166,670
    Real estate loans in domestic offices $166,670
    Construction and development loans $7,414
    Residential 1-4 family construction $4,195
    Other construction, all land development and other land $3,219
    Loans secured by nonfarm nonresidential properties $49,566
    Nonfarm nonresidential secured by owner-occupied properties $31,145
    Commercial real estate & other non-farm, non-residential $18,421
    Multifamily residential real estate $2,504
    1-4 family residential loans $84,365
    Farmland loans $22,821
    Loans held in foreign offices $0
    Farm loans $22,145
    Commercial and industrial loans $25,629
    To non-U.S. addressees $0
    Loans to individuals $4,418
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $2,860
    Other loans to individuals $1,558
    All other loans & leases $6,236
    Loans to foreign governments and official institutions $0
    Other loans $416
    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 $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Citizens Bank of Kansas had $222,342,000 of loans outstanding in 2020. $166,670,000 of loans were in real estate loans. $7,414,000 of loans were in development loans. $2,504,000 of loans were in multifamily mortgage loans. $84,365,000 of loans were in 1-4 family mortgage loans. $22,145,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,860,000 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 101 $16,718 $165,525
    Nonfarm, nonresidential loans - <$100k 38 $1,265 $33,289
    Nonfarm, nonresidential loans - $100-250k 32 $3,294 $102,938
    Nonfarm, nonresidential loans - $250k-1MM 31 $12,159 $392,226
    Commercial & Industrial, US addressed loans - <$1MM 411 $17,646 $42,934
    Commercial & Industrial, US addressed loans - <$100k 342 $7,197 $21,044
    Commercial & Industrial, US addressed loans - $100-250k 45 $5,029 $111,756
    Commercial & Industrial, US addressed loans - $250k-1MM 24 $5,420 $225,833
    Farmland loans - <$1MM 177 $17,042 $96,282
    Farmland loans - <$100k 103 $3,777 $36,670
    Farmland loans - $100-250k 44 $5,334 $121,227
    Farmland loans - $250k-1MM 30 $7,931 $264,367
    Agriculture operations loans - <$1MM 349 $13,994 $40,097
    Agriculture operations loans - <$100k 286 $6,315 $22,080
    Agriculture operations loans - $100-250k 42 $3,930 $93,571
    Agriculture operations loans - $250k-1MM 21 $3,749 $178,524