Citizens Bank Of Kansas Mortgage Rates, Fees & Info

Kingman, KS

LEI: 549300C4ZH7G6OB81F33

Tax ID: 48-0296945

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Review & Overview

Citizens Bank Of Kansas is a smaller bank specializing in Home Purchase, Refi, 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, Kansas City, Manhattan, and Oklahoma City among others. We have data for 13 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.

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.

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Originations

272

Origination Dollar Volume (All Markets)

$54,690,000

Employee count

103

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	$44,180,000	$227,732	$0	0.00%
Outside of Metro Areas	33	$3,845,000	$116,515	$0	0.00%
Winfield, KS (FHA\|USDA\|VA)	22	$2,720,000	$123,636	$0	0.00%
KANSAS CITY, MO-KS (FHA\|USDA\|VA)	5	$965,000	$193,000	$0	0.00%
MANHATTAN, KS (FHA\|USDA\|VA)	4	$750,000	$187,500	$0	0.00%
OKLAHOMA CITY, OK (FHA\|USDA\|VA)	1	$525,000	$525,000	$0	0.00%
LAWRENCE, KS (FHA\|USDA\|VA)	2	$420,000	$210,000	$0	0.00%
Emporia, KS (FHA\|USDA\|VA)	3	$405,000	$135,000	$0	0.00%
Hutchinson, KS (FHA\|USDA\|VA)	4	$380,000	$95,000	$0	0.00%
BOULDER, CO (FHA\|USDA\|VA)	1	$255,000	$255,000	$0	0.00%
JOPLIN, MO (FHA\|USDA\|VA)	1	$165,000	$165,000	$0	0.00%
McPherson, KS (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	0.00%
Altus, OK (FHA\|USDA\|VA)	1	$25,000	$25,000	$0	0.00%

Citizens Bank Of Kansas's top markets include Wichita, Winfield, Kansas City, Manhattan, and Oklahoma City among others.

Their top states include:

Kansas (FHA|USDA|VA)

Oklahoma (FHA|USDA|VA)

Missouri (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: 136

Members Mortgage Services, L.L.C.
Similarity Rank: 220

SKYWARD
Similarity Rank: 240

PANHANDLE FEDERAL CREDIT UNION
Similarity Rank: 264

Central National Bank
Similarity Rank: 363

MID AMERICAN
Similarity Rank: 500

Wichita Federal Credit Union
Similarity Rank: 553

HOME BANK AND TRUST COMPANY
Similarity Rank: 560

Intrust Bank
Similarity Rank: 946

CREDIT UNION OF AMERICA
Similarity Rank: 1020

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	272	$54,690,000	$201,066	$0	0.00%

For 2021, Citizens Bank Of Kansas's most frequently originated type of loan was Conventional, with 272 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	118	$25,670,000	$217,542	$0	0.00%
Refi	87	$17,275,000	$198,563	$0	0.00%
Cash Out Refi	56	$10,960,000	$195,714	$0	0.00%
Home Improvement	7	$185,000	$26,429	$0	0.00%
Other	4	$600,000	$150,000	$0	0.00%

For 2021, Citizens Bank Of Kansas's most frequently cited loan purpose was Home Purchase, with 118 originations. The 2nd most popular reason was Refi, with 87 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	272	$54,690,000	$201,066	$0	0.00%

For 2021, Citizens Bank Of Kansas's most frequently cited loan duration was Other, with 272 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-200k	98	$14,110,000	$143,980	$0	0.00%
$100,000 or less	84	$4,970,000	$59,167	$0	0.00%
$200k-400k	78	$20,670,000	$265,000	$0	0.00%
$400k-600k	7	$3,225,000	$460,714	$0	0.00%
$1MM+	4	$10,870,000	$2,717,500	$0	0.00%
$600k-1MM	1	$845,000	$845,000	$0	0.00%

2021 saw Citizens Bank Of Kansas place emphasis on $100k-200k loans with 98 originations, totaling $14,110,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k-75k	67	$8,155,000	$121,716	$0	0.00%
$100k-150k	54	$10,720,000	$198,519	$0	0.00%
$75k-100k	43	$6,195,000	$144,070	$0	0.00%
$150k-250k	37	$8,355,000	$225,811	$0	0.00%
$50k or less	32	$2,770,000	$86,563	$0	0.00%
$250k+	13	$2,865,000	$220,385	$0	0.00%

Citizens Bank Of Kansas lent most frequently to those with incomes in the $50k-75k range, with 67 originations. The second most popular income band? $100k-150k, with 54 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	272	$54,690,000	$201,066	$0	0.00%

Citizens Bank Of Kansas lent most frequently to those with DTI ratios of Exempt%, with 272 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	226	$35,780,000	$158,319	$0	0.00%
Not applicable	26	$15,630,000	$601,154	$0	0.00%
Not provided	14	$2,260,000	$161,429	$0	0.00%
American Indian	2	$430,000	$215,000	$0	0.00%
Asian	2	$300,000	$150,000	$0	0.00%
Black	2	$290,000	$145,000	$0	0.00%

Approval Rates

Total approvals of all applications
87.99%

Citizens Bank Of Kansas has an average approval rate.

Pick Rate

Approvals leading to origination
84.19%

Citizens Bank Of Kansas has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	272	$54,690,000	$201,066

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	272	$54,690,000	$201,066

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 of Kansas	1033 North Buckner Street Derby, KS 67037	Full Service B&M	$92,018
Citizens Bank of Kansas	104 West Main Pretty Prairie, KS 67570	Full Service B&M	$24,996
Citizens Bank of Kansas	120 East Kansas Medicine Lodge, KS 67104	Full Service B&M	$63,000
Citizens Bank of Kansas	1511 Main Winfield, KS 67156	Full Service B&M	$42,703
Citizens Bank of Kansas	225 Village Road El Dorado, KS 67042	Full Service B&M	$37,173
Citizens Bank of Kansas	2330 North Ohio Street Augusta, KS 67010	Full Service B&M	$20,912
Citizens Bank of Kansas	300 North Main Street Kingman, KS 67068	Full Service B&M	$71,816
Citizens Bank of Kansas	4820 E. Douglas Wichita, KS 67208	Full Service B&M	$31,191
Citizens Bank of Kansas	601 North Rock Road Derby, KS 67037	Full Service B&M	$29,836
Citizens Bank of Kansas	8718 West 13th Street Wichita, KS 67212	Full Service B&M	$13,734
Citizens Bank of Kansas	920 N. Rock Road Derby, KS 67037	Limited, Drive-thru	$0

For 2021, Citizens Bank Of Kansas had 11 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$14,994
Net interest income	$13,767
Total noninterest income	$3,965
Gross Fiduciary activities income	$0
Service charges on deposit accounts	$831
Trading account gains and fees	$0
Additional Noninterest Income	$3,134
Pre-tax net operating income	$4,429
Securities gains (or losses, -)	$133
Income before extraordinary items	$4,379
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$4,379
Minority interest net income	$0
Net income	$4,379
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$4,251

Citizens Bank Of Kansas's gross interest income from loans was $14,994,000.
Citizens Bank Of Kansas's net interest income from loans was $13,767,000.
Citizens Bank Of Kansas's fee based income from loans was $831,000.
Citizens Bank Of Kansas's net income from loans was $4,379,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$1,227
Provision for credit losses	$68
Total noninterest expense	$13,235
Salaries and employee benefits	$7,965
Premises and equipment expense	$1,579
Additional noninterest expense	$3,691
Applicable income taxes	$183
Net charge-offs	$260
Cash dividends	$2,000

Citizens Bank Of Kansas's interest expense for loans was $1,227,000.
Citizens Bank Of Kansas's payroll and benefits expense were $7,965,000.
Citizens Bank Of Kansas's property, plant and equipment expenses $1,579,000.

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	$419,620
Deposits held in domestic offices	$419,620
Deposits by Individuals, partnerships, and corporations	$375,184
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$44,431
Deposits by Commercial banks and other depository institutions in U.S.	$5
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$226,467
Demand deposits	$101,920
Nontransaction accounts	$193,153
Money market deposit accounts (MMDAs)	$83,200
Other savings deposits (excluding MMDAs)	$60,738
Total time deposits	$49,215
Total time and savings deposits	$317,700
Noninterest-bearing deposits	$102,540
Interest-bearing deposits	$317,080
Retail deposits	$407,718
IRAs and Keogh plan accounts	$6,744
Brokered deposits	$0
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$487,853
Cash & Balances due from depository institutions	$13,281
Interest-bearing balances	$4,429
Total securities	$230,366
Federal funds sold & reverse repurchase	$259
Net loans and leases	$209,311
Loan and leases loss allowance	$2,565
Trading account assets	$0
Bank premises and fixed assets	$7,831
Other real estate owned	$130
Goodwill and other intangibles	$14,922
All other assets	$11,753

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$487,853
Total Liabilities	$430,132
Total deposits	$419,620
Interest-bearing deposits	$317,080
Deposits held in domestic offices	$419,620
% insured (estimated)	$82
Federal funds purchased and repurchase agreements	$0
Trading liabilities	$0
Other borrowed funds	$10,000
Subordinated debt	$0
All other liabilities	$512

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$209,311
Loan and leases loss allowance	$2,565
Total loans and leases (domestic)	$211,876
All real estate loans	$158,037
Real estate loans in domestic offices	$158,037
Construction and development loans	$8,161
Residential 1-4 family construction	$4,029
Other construction, all land development and other land	$4,132
Loans secured by nonfarm nonresidential properties	$41,628
Nonfarm nonresidential secured by owner-occupied properties	$30,176
Commercial real estate & other non-farm, non-residential	$11,452
Multifamily residential real estate	$4,940
1-4 family residential loans	$79,975
Farmland loans	$23,333
Loans held in foreign offices	$0
Farm loans	$20,338
Commercial and industrial loans	$18,070
To non-U.S. addressees	$0
Loans to individuals	$4,515
Credit card loans	$0
Related Plans	$0
Consumer Auto Loans	$2,572
Other loans to individuals	$1,943
All other loans & leases	$10,916
Loans to foreign governments and official institutions	$0
Other loans	$3,851
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 $209,311,000 of loans outstanding in 2021. $158,037,000 of loans were in real estate loans. $8,161,000 of loans were in development loans. $4,940,000 of loans were in multifamily mortgage loans. $79,975,000 of loans were in 1-4 family mortgage loans. $20,338,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,572,000 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	91	$15,819	$173,835
Nonfarm, nonresidential loans - <$100k	33	$1,071	$32,455
Nonfarm, nonresidential loans - $100-250k	27	$2,800	$103,704
Nonfarm, nonresidential loans - $250k-1MM	31	$11,948	$385,419
Commercial & Industrial, US addressed loans - <$1MM	183	$8,608	$47,038
Commercial & Industrial, US addressed loans - <$100k	138	$2,890	$20,942
Commercial & Industrial, US addressed loans - $100-250k	28	$2,350	$83,929
Commercial & Industrial, US addressed loans - $250k-1MM	17	$3,368	$198,118
Farmland loans - <$1MM	153	$15,397	$100,634
Farmland loans - <$100k	84	$2,877	$34,250
Farmland loans - $100-250k	42	$5,654	$134,619
Farmland loans - $250k-1MM	27	$6,866	$254,296
Agriculture operations loans - <$1MM	317	$13,707	$43,240
Agriculture operations loans - <$100k	259	$5,679	$21,927
Agriculture operations loans - $100-250k	36	$3,675	$102,083
Agriculture operations loans - $250k-1MM	22	$4,353	$197,864