Citizens' Bank & Trust Co. Mortgage Rates, Fees & Info

Van Buren, AR

LEI: 549300EY247F6R5IHX75

Tax ID: 71-0031350

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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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 & Trust Co. is a smaller bank specializing in Home Purchase and Refi loans. Citizens' Bank & Trust Co. has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Fort Smith, Fayetteville, Cape Coral, Tulsa, and Little Rock among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Citizens' Bank & Trust Co. 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.

    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

    371

    Origination Dollar Volume (All Markets)

    $70,795,000

    Employee count

    94

    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
    FORT SMITH, AR-OK (FHA|USDA|VA) 336 $60,680,000 $180,595 $0 0.00%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 20 $6,080,000 $304,000 $0 0.00%
    Outside of Metro Areas 7 $1,245,000 $177,857 $0 0.00%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $1,125,000 $1,125,000 $0 0.00%
    TULSA, OK (FHA|USDA|VA) 1 $495,000 $495,000 $0 0.00%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $430,000 $215,000 $0 0.00%
    Tahlequah, OK (FHA|USDA|VA) 1 $345,000 $345,000 $0 0.00%
    HOT SPRINGS, AR (FHA|USDA|VA) 1 $265,000 $265,000 $0 0.00%
    Branson, MO (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
    Citizens' Bank & Trust Co.'s top markets include Fort Smith, Fayetteville, Cape Coral, Tulsa, and Little Rock among others.

    Their top states include:
  • Arkansas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)

    • Similar Lenders

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

    FIRST WESTERN MORTGAGE, INC.
    Similarity Rank: 209
    Priority Bank
    Similarity Rank: 264
    The First National Bank of Fort Smith
    Similarity Rank: 360
    ARKANSAS Federal Credit Union
    Similarity Rank: 744
    Generations Bank
    Similarity Rank: 759
    Chambers Bank
    Similarity Rank: 960
    Armstrong Bank
    Similarity Rank: 1440
    Eagle Bank and Trust Company
    Similarity Rank: 1978
    First Financial Bank
    Similarity Rank: 2176
    Firstar Bank
    Similarity Rank: 2187

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 292 $56,860,000 $194,726 $0 0.00%
    FHA 34 $5,850,000 $172,059 $0 0.00%
    USDA 29 $4,675,000 $161,207 $0 0.00%
    VA 16 $3,410,000 $213,125 $0 0.00%

    For 2021, Citizens' Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 292 originations. Their 2nd most popular type was FHA, with 34 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 209 $40,665,000 $194,569 $0 0.00%
    Refi 86 $19,590,000 $227,791 $0 0.00%
    Cash Out Refi 74 $10,430,000 $140,946 $0 0.00%
    Home Improvement 2 $110,000 $55,000 $0 0.00%

    For 2021, Citizens' Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 209 originations. The 2nd most popular reason was Refi, with 86 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 371 $70,795,000 $190,822 $0 0.00%

    For 2021, Citizens' Bank & Trust Co.'s most frequently cited loan duration was Other, with 371 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 165 $23,875,000 $144,697 $0 0.00%
    $100,000 or less 97 $6,195,000 $63,866 $0 0.00%
    $200k-400k 86 $22,220,000 $258,372 $0 0.00%
    $400k-600k 14 $6,700,000 $478,571 $0 0.00%
    $600k-1MM 5 $3,595,000 $719,000 $0 0.00%
    $1MM+ 4 $8,210,000 $2,052,500 $0 0.00%

    2021 saw Citizens' Bank & Trust Co. place emphasis on $100k-200k loans with 165 originations, totaling $23,875,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 117 $13,085,000 $111,838 $0 0.00%
    $50k-75k 90 $13,710,000 $152,333 $0 0.00%
    $100k-150k 56 $11,590,000 $206,964 $0 0.00%
    $75k-100k 50 $8,820,000 $176,400 $0 0.00%
    $150k-250k 25 $8,005,000 $320,200 $0 0.00%
    $250k+ 17 $9,795,000 $576,176 $0 0.00%

    Citizens' Bank & Trust Co. lent most frequently to those with incomes in the $50k or less range, with 117 originations. The second most popular income band? $50k-75k, with 90 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 371 $70,795,000 $190,822 $0 0.00%

    Citizens' Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 371 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 329 $59,425,000 $180,623 $0 0.00%
    Not applicable 16 $5,790,000 $361,875 $0 0.00%
    Not provided 9 $1,895,000 $210,556 $0 0.00%
    Black 7 $1,765,000 $252,143 $0 0.00%
    American Indian 8 $1,480,000 $185,000 $0 0.00%
    Asian 2 $440,000 $220,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.29%

    Citizens' Bank & Trust Co. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    85.18%

    Citizens' Bank & Trust Co. has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 371 $70,795,000 $190,822

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    371 $70,795,000 $190,822

    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 & Trust Co. 124 Us Highway 71 North Mountainburg, AR 72946 Limited, Drive-thru $20,254
    Citizens' Bank & Trust Co. 1519 Fayetteville Road Van Buren, AR 72956 Full Service B&M $37,240
    Citizens' Bank & Trust Co. 200 Hwy 71 Alma, AR 72921 Full Service B&M $113,128
    Citizens' Bank & Trust Co. 3110 Alma Highway Van Buren, AR 72956 Full Service Cyber Office $0
    Citizens' Bank & Trust Co. 3110 Alma Highway Van Buren, AR 72956 Full Service B&M $132,864
    Citizens' Bank & Trust Co. 4 Northridge Drive Van Buren, AR 72956 Full Service B&M $64,927
    Citizens' Bank & Trust Co. 617 Broadway Street Van Buren, AR 72956 Full Service B&M $59,934
    Citizens' Bank & Trust Co. 8828 Hwy 59 North Cedarville, AR 72932 Full Service B&M $15,514

    For 2021, Citizens' Bank & Trust Co. had 8 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $16,668
    Net interest income $15,629
    Total noninterest income $2,976
    Gross Fiduciary activities income $134
    Service charges on deposit accounts $838
    Trading account gains and fees $0
    Additional Noninterest Income $2,004
    Pre-tax net operating income $8,782
    Securities gains (or losses, -) $0
    Income before extraordinary items $6,766
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $6,766
    Minority interest net income $0
    Net income $6,766
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $6,766

    Citizens' Bank & Trust Co.'s gross interest income from loans was $16,668,000.
    Citizens' Bank & Trust Co.'s net interest income from loans was $15,629,000.
    Citizens' Bank & Trust Co.'s fee based income from loans was $838,000.
    Citizens' Bank & Trust Co.'s net income from loans was $6,766,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,039
    Provision for credit losses $260
    Total noninterest expense $9,563
    Salaries and employee benefits $6,336
    Premises and equipment expense $1,324
    Additional noninterest expense $1,903
    Applicable income taxes $2,016
    Net charge-offs $57
    Cash dividends $4,900

    Citizens' Bank & Trust Co.'s interest expense for loans was $1,039,000.
    Citizens' Bank & Trust Co.'s payroll and benefits expense were $6,336,000.
    Citizens' Bank & Trust Co.'s property, plant and equipment expenses $1,324,000.

    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 1.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.4%
    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 $471,299
    Deposits held in domestic offices $471,299
    Deposits by Individuals, partnerships, and corporations $345,126
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $126,107
    Deposits by Commercial banks and other depository institutions in U.S. $66
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $261,174
    Demand deposits $118,605
    Nontransaction accounts $210,125
    Money market deposit accounts (MMDAs) $44,356
    Other savings deposits (excluding MMDAs) $58,760
    Total time deposits $107,009
    Total time and savings deposits $352,694
    Noninterest-bearing deposits $118,606
    Interest-bearing deposits $352,693
    Retail deposits $428,866
    IRAs and Keogh plan accounts $14,346
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $534,827
    Cash & Balances due from depository institutions $128,702
    Interest-bearing balances $121,113
    Total securities $159,656
    Federal funds sold & reverse repurchase $0
    Net loans and leases $228,089
    Loan and leases loss allowance $4,514
    Trading account assets $0
    Bank premises and fixed assets $3,880
    Other real estate owned $0
    Goodwill and other intangibles $477
    All other assets $14,023

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $534,827
    Total Liabilities $477,735
    Total deposits $471,299
    Interest-bearing deposits $352,693
    Deposits held in domestic offices $471,299
    % insured (estimated) $68
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $5,000
    Subordinated debt $0
    All other liabilities $1,436

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $228,089
    Loan and leases loss allowance $4,514
    Total loans and leases (domestic) $232,603
    All real estate loans $188,364
    Real estate loans in domestic offices $188,364
    Construction and development loans $17,044
    Residential 1-4 family construction $1,653
    Other construction, all land development and other land $15,391
    Loans secured by nonfarm nonresidential properties $102,252
    Nonfarm nonresidential secured by owner-occupied properties $0
    Commercial real estate & other non-farm, non-residential $102,252
    Multifamily residential real estate $1,193
    1-4 family residential loans $67,108
    Farmland loans $767
    Loans held in foreign offices $0
    Farm loans $1,929
    Commercial and industrial loans $23,169
    To non-U.S. addressees $0
    Loans to individuals $18,984
    Credit card loans $2,008
    Related Plans $0
    Consumer Auto Loans $9,349
    Other loans to individuals $7,627
    All other loans & leases $157
    Loans to foreign governments and official institutions $0
    Other loans $69
    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 $822
    Non 1-4 family restructured loans & leases $603
    Total loans and leases (foreign) $0

    Citizens' Bank & Trust Co. had $228,089,000 of loans outstanding in 2021. $188,364,000 of loans were in real estate loans. $17,044,000 of loans were in development loans. $1,193,000 of loans were in multifamily mortgage loans. $67,108,000 of loans were in 1-4 family mortgage loans. $1,929,000 of loans were in farm loans. $2,008,000 of loans were in credit card loans. $9,349,000 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 215 $36,594 $170,205
    Nonfarm, nonresidential loans - <$100k 68 $2,814 $41,382
    Nonfarm, nonresidential loans - $100-250k 69 $7,677 $111,261
    Nonfarm, nonresidential loans - $250k-1MM 78 $26,103 $334,654
    Commercial & Industrial, US addressed loans - <$1MM 354 $16,884 $47,695
    Commercial & Industrial, US addressed loans - <$100k 286 $6,344 $22,182
    Commercial & Industrial, US addressed loans - $100-250k 43 $3,990 $92,791
    Commercial & Industrial, US addressed loans - $250k-1MM 25 $6,550 $262,000
    Farmland loans - <$1MM 12 $392 $32,667
    Farmland loans - <$100k 10 $308 $30,800
    Farmland loans - $100-250k 2 $84 $42,000
    Agriculture operations loans - <$1MM 34 $1,339 $39,382
    Agriculture operations loans - <$100k 29 $676 $23,310
    Agriculture operations loans - $100-250k 5 $663 $132,600