Noblebank & Trust Mortgage Rates, Fees & Info

Anniston, AL

LEI: 549300CNDBHD7VKHK806

Tax ID: 20-3340543

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

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Noblebank & Trust is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Noblebank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Anniston, Birmingham, Montgomery, Alexander City, and Talladega among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Noblebank & Trust has an average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. They typically have relatively high 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.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    63

    Origination Dollar Volume (All Markets)

    $6,625,000

    Employee count

    59

    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
    ANNISTON-OXFORD, AL (FHA|USDA|VA) 39 $3,225,000 $82,692 $1,432 6.26%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 9 $1,275,000 $141,667 $2,031 6.14%
    Outside of Metro Areas 8 $630,000 $78,750 $2,206 5.52%
    MONTGOMERY, AL (FHA|USDA|VA) 2 $630,000 $315,000 $5,905 6.13%
    Alexander City, AL (FHA|USDA|VA) 1 $565,000 $565,000 $0 5.75%
    Talladega-Sylacauga, AL (FHA|USDA|VA) 2 $220,000 $110,000 $1,685 6.63%
    GADSDEN, AL (FHA|USDA|VA) 2 $80,000 $40,000 $1,371 5.94%
    Noblebank & Trust's top markets include Anniston, Birmingham, Montgomery, Alexander City, and Talladega among others.

    Their top states include:
  • Alabama (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 63 $6,625,000 $105,159 $1,795 6.14%

    For 2018, Noblebank & Trust's most frequently originated type of loan was Conventional, with 63 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 35 $3,665,000 $104,714 $2,200 6.17%
    Cash Out Refi 15 $2,025,000 $135,000 $2,076 5.92%
    Home Improvement 6 $220,000 $36,667 $781 6.70%
    Refi 6 $660,000 $110,000 $1,006 5.93%
    NA 1 $55,000 $55,000 $0 6.25%

    For 2018, Noblebank & Trust's most frequently cited loan purpose was Home Purchase, with 35 originations. The 2nd most popular reason was Cash Out Refi, with 15 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    5 Year 30 $2,690,000 $89,667 $1,330 6.07%
    Other 30 $3,690,000 $123,000 $1,935 6.24%
    10 Year 2 $70,000 $35,000 $491 5.88%
    30 Year 1 $175,000 $175,000 $0 5.50%

    For 2018, Noblebank & Trust's most frequently cited loan duration was 5 Year, with 30 originations. The 2nd most popular length was Other, with 30 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 26 $2,040,000 $78,462
    $1k-2k 5 $885,000 $177,000
    $2k-3k 1 $555,000 $555,000
    $4k-5k 1 $455,000 $455,000

    Noblebank & Trust's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 26 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 30 $2,590,000 $86,333
    5-6% 25 $3,155,000 $126,200
    4-5% 6 $840,000 $140,000
    7-8% 1 $25,000 $25,000
    Over 8% 1 $15,000 $15,000

    During 2018, Noblebank & Trust's average interest rate for loans was 5.50%, while their most frequently originated rate bucket for loans was 6-7%, with 30 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 37 $1,705,000 $46,081 $983 6.42%
    $100k-200k 21 $2,805,000 $133,571 $2,261 5.69%
    $400k-600k 3 $1,575,000 $525,000 $5,257 6.08%
    $200k-400k 2 $540,000 $270,000 $2,673 5.63%

    2018 saw Noblebank & Trust place emphasis on $100,000 or less loans with 37 originations, totaling $1,705,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 13 $1,045,000 $80,385 $1,692 6.16%
    $100k-150k 10 $1,110,000 $111,000 $1,740 6.88%
    $50k or less 7 $435,000 $62,143 $1,673 6.29%
    $75k-100k 7 $945,000 $135,000 $2,282 5.89%
    $150k-250k 5 $615,000 $123,000 $1,416 5.48%
    $250k+ 4 $1,270,000 $317,500 $4,609 5.69%

    Noblebank & Trust lent most frequently to those with incomes in the $50k-75k range, with 13 originations. The second most popular income band? $100k-150k, with 10 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    <20% 9 $705,000 $78,333 $1,105 6.53%
    30-36% 8 $1,210,000 $151,250 $2,260 6.06%
    20-30% 4 $310,000 $77,500 $1,395 6.00%
    38% 3 $565,000 $188,333 $3,111 6.65%
    40% 2 $310,000 $155,000 $2,961 6.63%
    50-60% 1 $65,000 $65,000 $916 6.75%
    >60% 1 $55,000 $55,000 $1,491 6.50%
    36% 1 $165,000 $165,000 $2,091 4.75%
    39% 1 $175,000 $175,000 $0 5.50%
    44% 1 $335,000 $335,000 $3,130 6.50%
    49% 1 $105,000 $105,000 $2,235 6.50%

    Noblebank & Trust lent most frequently to those with DTI ratios of <20%, with 9 originations. The next most common DTI ratio? 30-36%, with 8 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 42 $4,880,000 $116,190 $1,806 6.16%
    Not applicable 14 $1,040,000 $74,286 $0 6.04%
    Not provided 3 $395,000 $131,667 $1,491 5.67%
    Black 3 $265,000 $88,333 $1,785 6.57%
    Asian 1 $45,000 $45,000 $0 6.75%

    Approval Rates

    Total approvals of all applications
    86.84%

    Noblebank & Trust has an average approval rate.

    Pick Rate

    Approvals leading to origination
    95.24%

    Noblebank & Trust has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 63 $6,625,000 $105,159

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 3 $135,000 $45,000
    Single Family (1-4 Units):Site-Built 60 $6,490,000 $108,167

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 4 $210,000 $52,500 $891 6.36%
    40-60% 5 $575,000 $115,000 $1,971 6.05%
    60-80% 22 $2,180,000 $99,091 $2,077 5.81%
    80-100% 25 $3,355,000 $134,200 $2,144 6.31%
    Over 100% 2 $100,000 $50,000 $1,491 6.25%
    Under 20% 5 $205,000 $41,000 $682 6.59%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    NobleBank & Trust 100 South Main St. Piedmont, AL 36272 Full Service B&M $20,961
    NobleBank & Trust 1509 Quintard Avenue Anniston, AL 36201 Full Service B&M $116,379
    NobleBank & Trust 1836 Highway 78 Oxford, AL 36203 Full Service B&M $53,635
    NobleBank & Trust 361 Summit Blvd Birmingham, AL 35243 Full Service B&M $7,454
    NobleBank & Trust 646 Valley Cub Dr. Alexandria, AL 36250 Full Service B&M $29,378

    For 2018, Noblebank & Trust had 5 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $10,872
    Net interest income $9,649
    Total noninterest income $2,314
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $1,014
    Trading account gains and fees $0
    Additional Noninterest Income $1,300
    Pre-tax net operating income $3,123
    Securities gains (or losses, -) $-3
    Income before extraordinary items $2,648
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $2,648
    Minority interest net income $0
    Net income $2,648
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $2,650

    Noblebank & Trust's gross interest income from loans was $10,872,000.
    Noblebank & Trust's net interest income from loans was $9,649,000.
    Noblebank & Trust's fee based income from loans was $1,014,000.
    Noblebank & Trust's net income from loans was $2,648,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,223
    Provision for credit losses $417
    Total noninterest expense $8,423
    Salaries and employee benefits $5,041
    Premises and equipment expense $894
    Additional noninterest expense $2,488
    Applicable income taxes $472
    Net charge-offs $137
    Cash dividends $1,073

    Noblebank & Trust's interest expense for loans was $1,223,000.
    Noblebank & Trust's payroll and benefits expense were $5,041,000.
    Noblebank & Trust's property, plant and equipment expenses $894,000.

    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 1.0%
    Credit card loans 0.0%
    Other individual loans 1.0%
    Auto loans 0.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $231,075
    Deposits held in domestic offices $231,075
    Deposits by Individuals, partnerships, and corporations $217,508
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $13,567
    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 $110,787
    Demand deposits $39,066
    Nontransaction accounts $120,288
    Money market deposit accounts (MMDAs) $50,477
    Other savings deposits (excluding MMDAs) $16,187
    Total time deposits $53,624
    Total time and savings deposits $192,009
    Noninterest-bearing deposits $39,066
    Interest-bearing deposits $192,009
    Retail deposits $198,430
    IRAs and Keogh plan accounts $5,995
    Brokered deposits $13,666
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $257,588
    Cash & Balances due from depository institutions $13,489
    Interest-bearing balances $9,077
    Total securities $63,458
    Federal funds sold & reverse repurchase $4,900
    Net loans and leases $160,998
    Loan and leases loss allowance $1,962
    Trading account assets $0
    Bank premises and fixed assets $6,961
    Other real estate owned $187
    Goodwill and other intangibles $0
    All other assets $7,595

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $257,588
    Total Liabilities $232,182
    Total deposits $231,075
    Interest-bearing deposits $192,009
    Deposits held in domestic offices $231,075
    % insured (estimated) $72
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $1,107

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $160,998
    Loan and leases loss allowance $1,962
    Total loans and leases (domestic) $162,960
    All real estate loans $119,085
    Real estate loans in domestic offices $119,085
    Construction and development loans $13,887
    Residential 1-4 family construction $6,983
    Other construction, all land development and other land $6,904
    Loans secured by nonfarm nonresidential properties $64,389
    Nonfarm nonresidential secured by owner-occupied properties $39,299
    Commercial real estate & other non-farm, non-residential $25,090
    Multifamily residential real estate $1,729
    1-4 family residential loans $37,024
    Farmland loans $2,056
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $34,085
    To non-U.S. addressees $0
    Loans to individuals $4,766
    Credit card loans $0
    Related Plans $369
    Consumer Auto Loans $1,905
    Other loans to individuals $2,492
    All other loans & leases $5,116
    Loans to foreign governments and official institutions $0
    Other loans $209
    Loans to depository institutions and acceptances of other banks $3,007
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $656
    Non 1-4 family restructured loans & leases $450
    Total loans and leases (foreign) $0

    NobleBank & Trust had $160,998,000 of loans outstanding in 2018. $119,085,000 of loans were in real estate loans. $13,887,000 of loans were in development loans. $1,729,000 of loans were in multifamily mortgage loans. $37,024,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $1,905,000 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 120 $26,876 $223,967
    Nonfarm, nonresidential loans - <$100k 30 $1,156 $38,533
    Nonfarm, nonresidential loans - $100-250k 37 $4,668 $126,162
    Nonfarm, nonresidential loans - $250k-1MM 53 $21,052 $397,208
    Commercial & Industrial, US addressed loans - <$1MM 296 $17,469 $59,017
    Commercial & Industrial, US addressed loans - <$100k 215 $5,113 $23,781
    Commercial & Industrial, US addressed loans - $100-250k 59 $5,839 $98,966
    Commercial & Industrial, US addressed loans - $250k-1MM 22 $6,517 $296,227
    Farmland loans - <$1MM 15 $2,055 $137,000
    Farmland loans - <$100k 6 $292 $48,667
    Farmland loans - $100-250k 7 $1,160 $165,714
    Farmland loans - $250k-1MM 2 $603 $301,500