Community Bank And Trust Mortgage Rates, Fees & Info

Neosho, MO

LEI: 549300COZ9YQTC4J1378

Tax ID: 44-0162220

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

Review & Overview

Community Bank And Trust is a smaller bank specializing in Refi and Home Purchase loans. Community Bank And Trust has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Joplin, Fayetteville, Kansas City, Miami, and Phoenix among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)

Community Bank And Trust 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.

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Originations

330

Origination Dollar Volume (All Markets)

$46,580,000

Employee count

123

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
JOPLIN, MO (FHA\|USDA\|VA)	277	$37,935,000	$136,949	$0	0.00%
Outside of Metro Areas	36	$4,920,000	$136,667	$0	0.00%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA\|USDA\|VA)	5	$895,000	$179,000	$0	0.00%
KANSAS CITY, MO-KS (FHA\|USDA\|VA)	2	$440,000	$220,000	$0	0.00%
Miami, OK (FHA\|USDA\|VA)	2	$420,000	$210,000	$0	0.00%
PHOENIX-MESA-CHANDLER, AZ (FHA\|USDA\|VA)	1	$395,000	$395,000	$0	0.00%
Harrison, AR (FHA\|USDA\|VA)	1	$385,000	$385,000	$0	0.00%
ST. LOUIS, MO-IL (FHA\|USDA\|VA)	1	$385,000	$385,000	$0	0.00%
SPRINGFIELD, MO (FHA\|USDA\|VA)	3	$335,000	$111,667	$0	0.00%
OKLAHOMA CITY, OK (FHA\|USDA\|VA)	1	$285,000	$285,000	$0	0.00%
Pittsburg, KS (FHA\|USDA\|VA)	1	$185,000	$185,000	$0	0.00%

Community Bank And Trust's top markets include Joplin, Fayetteville, Kansas City, Miami, and Phoenix among others.

Their top states include:

Missouri (FHA|USDA|VA)

Kansas (FHA|USDA|VA)

Arkansas (FHA|USDA|VA)

Oklahoma (FHA|USDA|VA)

Arizona (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	298	$41,900,000	$140,604	$0	0.00%
FHA	14	$1,880,000	$134,286	$0	0.00%
USDA	12	$1,360,000	$113,333	$0	0.00%
VA	6	$1,440,000	$240,000	$0	0.00%

For 2020, Community Bank And Trust's most frequently originated type of loan was Conventional, with 298 originations. Their 2nd most popular type was FHA, with 14 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Refi	169	$25,435,000	$150,503	$0	0.00%
Home Purchase	99	$14,775,000	$149,242	$0	0.00%
Cash Out Refi	31	$4,305,000	$138,871	$0	0.00%
Other	18	$1,410,000	$78,333	$0	0.00%
Home Improvement	13	$655,000	$50,385	$0	0.00%

For 2020, Community Bank And Trust's most frequently cited loan purpose was Refi, with 169 originations. The 2nd most popular reason was Home Purchase, with 99 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	330	$46,580,000	$141,152	$0	0.00%

For 2020, Community Bank And Trust's most frequently cited loan duration was Other, with 330 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-200k	151	$21,725,000	$143,874	$0	0.00%
$100,000 or less	121	$7,095,000	$58,636	$0	0.00%
$200k-400k	49	$13,405,000	$273,571	$0	0.00%
$400k-600k	8	$3,720,000	$465,000	$0	0.00%
$600k-1MM	1	$635,000	$635,000	$0	0.00%

2020 saw Community Bank And Trust place emphasis on $100k-200k loans with 151 originations, totaling $21,725,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k or less	95	$8,235,000	$86,684	$0	0.00%
$100k-150k	63	$10,785,000	$171,190	$0	0.00%
$50k-75k	57	$6,555,000	$115,000	$0	0.00%
$75k-100k	53	$7,865,000	$148,396	$0	0.00%
$150k-250k	31	$6,675,000	$215,323	$0	0.00%
$250k+	15	$4,495,000	$299,667	$0	0.00%

Community Bank And Trust lent most frequently to those with incomes in the $50k or less range, with 95 originations. The second most popular income band? $100k-150k, with 63 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	330	$46,580,000	$141,152	$0	0.00%

Community Bank And Trust lent most frequently to those with DTI ratios of Exempt%, with 330 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	297	$41,625,000	$140,152	$0	0.00%
Not applicable	16	$1,970,000	$123,125	$0	0.00%
Black	6	$1,250,000	$208,333	$0	0.00%
American Indian	6	$820,000	$136,667	$0	0.00%
Asian	3	$605,000	$201,667	$0	0.00%
Not provided	2	$310,000	$155,000	$0	0.00%

Approval Rates

Total approvals of all applications
85.66%

Community Bank And Trust has an average approval rate.

Pick Rate

Approvals leading to origination
71.52%

Community Bank And Trust has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	330	$46,580,000	$141,152

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Multifamily:Site-Built	2	$580,000	$290,000
Single Family (1-4 Units):Manufactured	1	$15,000	$15,000
Single Family (1-4 Units):Site-Built	327	$45,985,000	$140,627

Complaints

Bank Name	Product	Issue	2020 CPFB Complaints	% of Total Issues
COMMUNITY BANK SYSTEM, INC.	Conventional home mortgage	Struggling to pay mortgage	1	33.3%
COMMUNITY BANK SYSTEM, INC.	Conventional home mortgage	Trouble during payment process	1	33.3%
COMMUNITY BANK SYSTEM, INC.	Other type of mortgage	Closing on a mortgage	1	33.3%

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
Community Bank and Trust	101 South Main Carl Junction, MO 64834	Full Service B&M	$22,337
Community Bank and Trust	100 South Wood Street Neosho, MO 64850	Full Service B&M	$59,719
Community Bank and Trust	107 Market Street Diamond, MO 64840	Full Service B&M	$18,710
Community Bank and Trust	1102 Cherokee Seneca, MO 64865	Full Service B&M	$22,367
Community Bank and Trust	119 Main Street Anderson, MO 64831	Full Service B&M	$22,930
Community Bank and Trust	202 Main Street Granby, MO 64844	Full Service B&M	$20,864
Community Bank and Trust	215 East Seventh Street Galena, KS 66739	Full Service B&M	$18,861
Community Bank and Trust	3105 Lusk Drive Neosho, MO 64850	Full Service B&M	$14,453
Community Bank and Trust	3131 East 7th Street Joplin, MO 64802	Full Service B&M	$23,457
Community Bank and Trust	325 W. George E. Phelps Boulevard Carthage, MO 64836	Full Service B&M	$638
Community Bank and Trust	414 East 32nd Street Joplin, MO 64801	Full Service B&M	$23,754
Community Bank and Trust	5230 South Range Line Road Joplin, MO 64802	Full Service B&M	$12,913
Community Bank and Trust	528 South Neosho Boulevard Neosho, MO 64850	Full Service B&M	$30,831
Community Bank and Trust	5570 N. Main Street Road Joplin, MO 64801	Full Service B&M	$7,644
Community Bank and Trust	6972 Se Nighthawk Lane Riverton, KS 66770	Limited, Drive-thru	$12,802

For 2020, Community Bank And Trust had 15 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$10,105
Net interest income	$9,998
Total noninterest income	$5,862
Gross Fiduciary activities income	$713
Service charges on deposit accounts	$2,468
Trading account gains and fees	$0
Additional Noninterest Income	$2,681
Pre-tax net operating income	$3,117
Securities gains (or losses, -)	$152
Income before extraordinary items	$3,267
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$3,267
Minority interest net income	$0
Net income	$3,267
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$3,115

Community Bank And Trust's gross interest income from loans was $10,105,000.
Community Bank And Trust's net interest income from loans was $9,998,000.
Community Bank And Trust's fee based income from loans was $2,468,000.
Community Bank And Trust's net income from loans was $3,267,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$107
Provision for credit losses	$108
Total noninterest expense	$12,635
Salaries and employee benefits	$7,275
Premises and equipment expense	$1,562
Additional noninterest expense	$3,798
Applicable income taxes	$2
Net charge-offs	$39
Cash dividends	$1,500

Community Bank And Trust's interest expense for loans was $107,000.
Community Bank And Trust's payroll and benefits expense were $7,275,000.
Community Bank And Trust's property, plant and equipment expenses $1,562,000.

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	10.0%
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	$324,313
Deposits held in domestic offices	$324,313
Deposits by Individuals, partnerships, and corporations	$296,401
Deposits by U.S. Government	$12
Deposits by States and political subdivisions in the U.S.	$27,900
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	$57,753
Demand deposits	$28,414
Nontransaction accounts	$266,560
Money market deposit accounts (MMDAs)	$25,622
Other savings deposits (excluding MMDAs)	$220,794
Total time deposits	$20,144
Total time and savings deposits	$295,899
Noninterest-bearing deposits	$98,336
Interest-bearing deposits	$225,977
Retail deposits	$322,423
IRAs and Keogh plan accounts	$6,634
Brokered deposits	$0
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$374,782
Cash & Balances due from depository institutions	$147,587
Interest-bearing balances	$140,875
Total securities	$49,490
Federal funds sold & reverse repurchase	$0
Net loans and leases	$162,873
Loan and leases loss allowance	$1,830
Trading account assets	$0
Bank premises and fixed assets	$6,798
Other real estate owned	$0
Goodwill and other intangibles	$2,210
All other assets	$5,824

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$374,782
Total Liabilities	$342,730
Total deposits	$324,313
Interest-bearing deposits	$225,977
Deposits held in domestic offices	$324,313
% insured (estimated)	$88
Federal funds purchased and repurchase agreements	$15,656
Trading liabilities	$0
Other borrowed funds	$0
Subordinated debt	$0
All other liabilities	$2,761

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$162,873
Loan and leases loss allowance	$1,830
Total loans and leases (domestic)	$164,703
All real estate loans	$118,113
Real estate loans in domestic offices	$118,113
Construction and development loans	$2,208
Residential 1-4 family construction	$1,115
Other construction, all land development and other land	$1,093
Loans secured by nonfarm nonresidential properties	$33,432
Nonfarm nonresidential secured by owner-occupied properties	$12,256
Commercial real estate & other non-farm, non-residential	$21,176
Multifamily residential real estate	$280
1-4 family residential loans	$49,392
Farmland loans	$32,801
Loans held in foreign offices	$0
Farm loans	$12,338
Commercial and industrial loans	$20,075
To non-U.S. addressees	$0
Loans to individuals	$5,725
Credit card loans	$0
Related Plans	$89
Consumer Auto Loans	$4,478
Other loans to individuals	$1,158
All other loans & leases	$8,452
Loans to foreign governments and official institutions	$0
Other loans	$0
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	$352
Non 1-4 family restructured loans & leases	$252
Total loans and leases (foreign)	$0

Community Bank and Trust had $162,873,000 of loans outstanding in 2020. $118,113,000 of loans were in real estate loans. $2,208,000 of loans were in development loans. $280,000 of loans were in multifamily mortgage loans. $49,392,000 of loans were in 1-4 family mortgage loans. $12,338,000 of loans were in farm loans. $0 of loans were in credit card loans. $4,478,000 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	68	$11,108	$163,353
Nonfarm, nonresidential loans - <$100k	25	$778	$31,120
Nonfarm, nonresidential loans - $100-250k	23	$2,644	$114,957
Nonfarm, nonresidential loans - $250k-1MM	20	$7,686	$384,300
Commercial & Industrial, US addressed loans - <$1MM	320	$15,379	$48,059
Commercial & Industrial, US addressed loans - <$100k	248	$5,497	$22,165
Commercial & Industrial, US addressed loans - $100-250k	55	$5,370	$97,636
Commercial & Industrial, US addressed loans - $250k-1MM	17	$4,512	$265,412
Farmland loans - <$1MM	164	$19,277	$117,543
Farmland loans - <$100k	73	$2,756	$37,753
Farmland loans - $100-250k	63	$8,542	$135,587
Farmland loans - $250k-1MM	28	$7,979	$284,964
Agriculture operations loans - <$1MM	132	$7,554	$57,227
Agriculture operations loans - <$100k	104	$1,767	$16,990
Agriculture operations loans - $100-250k	16	$1,781	$111,313
Agriculture operations loans - $250k-1MM	12	$4,006	$333,833