Community National Bank & Trust Of Texas Mortgage Rates, Fees & Info

Corsicana, TX

LEI: 549300FZGNW8VUSEDB98

Tax ID: 75-1047436

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Mortgage Data

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

    Community National Bank & Trust Of Texas is a smaller bank specializing in Home Purchase and Refi loans. Community National Bank & Trust Of Texas has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Dallas, Corsicana, Granbury, Mineral Wells, and Athens among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Community National Bank & Trust Of Texas 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.

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    Originations

    230

    Origination Dollar Volume (All Markets)

    $40,930,000

    Employee count

    174

    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
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 100 $20,340,000 $203,400 $0 0.00%
    Corsicana, TX (FHA|USDA|VA) 64 $7,760,000 $121,250 $0 0.00%
    Outside of Metro Areas 38 $4,970,000 $130,789 $0 0.00%
    Granbury, TX (FHA|USDA|VA) 5 $4,135,000 $827,000 $0 0.00%
    Mineral Wells, TX (FHA|USDA|VA) 16 $2,320,000 $145,000 $0 0.00%
    Athens, TX (FHA|USDA|VA) 2 $390,000 $195,000 $0 0.00%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $355,000 $355,000 $0 0.00%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $285,000 $285,000 $0 0.00%
    WACO, TX (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
    Community National Bank & Trust Of Texas's top markets include Dallas, Corsicana, Granbury, Mineral Wells, and Athens among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 228 $40,760,000 $178,772 $0 0.00%
    USDA 2 $170,000 $85,000 $0 0.00%

    For 2018, Community National Bank & Trust Of Texas's most frequently originated type of loan was Conventional, with 228 originations. Their 2nd most popular type was USDA, with 2 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 158 $28,320,000 $179,241 $0 0.00%
    Refi 33 $8,905,000 $269,848 $0 0.00%
    Cash Out Refi 18 $2,580,000 $143,333 $0 0.00%
    Home Improvement 15 $605,000 $40,333 $0 0.00%
    Other 6 $520,000 $86,667 $0 0.00%

    For 2018, Community National Bank & Trust Of Texas's most frequently cited loan purpose was Home Purchase, with 158 originations. The 2nd most popular reason was Refi, with 33 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 230 $40,930,000 $177,957 $0 0.00%

    For 2018, Community National Bank & Trust Of Texas's most frequently cited loan duration was Other, with 230 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 82 $4,720,000 $57,561 $0 0.00%
    $100k-200k 76 $11,030,000 $145,132 $0 0.00%
    $200k-400k 61 $16,945,000 $277,787 $0 0.00%
    $400k-600k 9 $4,205,000 $467,222 $0 0.00%
    $1MM+ 1 $3,175,000 $3,175,000 $0 0.00%
    $600k-1MM 1 $855,000 $855,000 $0 0.00%

    2018 saw Community National Bank & Trust Of Texas place emphasis on $100,000 or less loans with 82 originations, totaling $4,720,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 51 $5,975,000 $117,157 $0 0.00%
    $100k-150k 50 $8,750,000 $175,000 $0 0.00%
    $150k-250k 35 $8,685,000 $248,143 $0 0.00%
    $75k-100k 30 $4,970,000 $165,667 $0 0.00%
    $50k or less 25 $1,835,000 $73,400 $0 0.00%
    $250k+ 12 $2,990,000 $249,167 $0 0.00%

    Community National Bank & Trust Of Texas lent most frequently to those with incomes in the $50k-75k range, with 51 originations. The second most popular income band? $100k-150k, with 50 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 230 $40,930,000 $177,957 $0 0.00%

    Community National Bank & Trust Of Texas lent most frequently to those with DTI ratios of Exempt%, with 230 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 150 $24,080,000 $160,533 $0 0.00%
    Not provided 47 $9,055,000 $192,660 $0 0.00%
    Not applicable 24 $7,300,000 $304,167 $0 0.00%
    Black 5 $275,000 $55,000 $0 0.00%
    Asian 4 $220,000 $55,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.91%

    Community National Bank & Trust Of Texas has an average approval rate.

    Pick Rate

    Approvals leading to origination
    86.52%

    Community National Bank & Trust Of Texas has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 230 $40,930,000 $177,957

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 4 $4,250,000 $1,062,500
    Single Family (1-4 Units):Manufactured 10 $720,000 $72,000
    Single Family (1-4 Units):Site-Built 216 $35,960,000 $166,481

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Community Loan Fund of New Jersey, Inc Conventional home mortgage Struggling to pay mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Community National Bank & Trust of Texas 101 North Mount Street Fairfield, TX 75840 Full Service B&M $88,934
    Community National Bank & Trust of Texas 101 Se 1st Street Mineral Wells, TX 76067 Full Service B&M $97,070
    Community National Bank & Trust of Texas 1404 Park Road 36 Graford, TX 76449 Full Service B&M $13,552
    Community National Bank & Trust of Texas 1901 Wall Street Weatherford, TX 76086 Full Service B&M $33,138
    Community National Bank & Trust of Texas 2500 Southwest Wilshire Boulevard Burleson, TX 76028 Full Service B&M $43,438
    Community National Bank & Trust of Texas 309 East Ovilla Road Red Oak, TX 75154 Full Service B&M $15,044
    Community National Bank & Trust of Texas 321 North 15th Street Corsicana, TX 75110 Full Service B&M $170,654
    Community National Bank & Trust of Texas 3401 South Highway 287 Corsicana, TX 75109 Full Service B&M $35,197
    Community National Bank & Trust of Texas 3930 Boat Club Road Lake Worth, TX 76135 Full Service B&M $66,607
    Community National Bank & Trust of Texas 400 Garitty Frost, TX 76641 Full Service B&M $17,654
    Community National Bank & Trust of Texas 402 East Hubbard Street Mineral Wells, TX 76067 Limited, Drive-thru $0
    Community National Bank & Trust of Texas 548 Fm 416 Streetman, TX 75859 Full Service B&M $9,291
    Community National Bank & Trust of Texas 906 North Buffalo Ave Buffalo, TX 75831 Full Service B&M $16,401
    Community National Bank & Trust of Texas 9636 White Settlement Road Fort Worth, TX 76108 Full Service B&M $22,779

    For 2018, Community National Bank & Trust Of Texas had 14 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $31,594
    Net interest income $29,191
    Total noninterest income $6,108
    Gross Fiduciary activities income $1,401
    Service charges on deposit accounts $1,474
    Trading account gains and fees $0
    Additional Noninterest Income $3,233
    Pre-tax net operating income $12,106
    Securities gains (or losses, -) $-7
    Income before extraordinary items $9,877
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $9,877
    Minority interest net income $0
    Net income $9,877
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $9,882

    Community National Bank & Trust Of Texas's gross interest income from loans was $31,594,000.
    Community National Bank & Trust Of Texas's net interest income from loans was $29,191,000.
    Community National Bank & Trust Of Texas's fee based income from loans was $1,474,000.
    Community National Bank & Trust Of Texas's net income from loans was $9,877,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,403
    Provision for credit losses $900
    Total noninterest expense $22,293
    Salaries and employee benefits $13,126
    Premises and equipment expense $3,528
    Additional noninterest expense $5,639
    Applicable income taxes $2,222
    Net charge-offs $221
    Cash dividends $2,298

    Community National Bank & Trust Of Texas's interest expense for loans was $2,403,000.
    Community National Bank & Trust Of Texas's payroll and benefits expense were $13,126,000.
    Community National Bank & Trust Of Texas's property, plant and equipment expenses $3,528,000.

    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 $647,606
    Deposits held in domestic offices $647,606
    Deposits by Individuals, partnerships, and corporations $603,468
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $44,138
    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 $62,911
    Demand deposits $41,301
    Nontransaction accounts $584,695
    Money market deposit accounts (MMDAs) $91,377
    Other savings deposits (excluding MMDAs) $348,746
    Total time deposits $144,573
    Total time and savings deposits $606,305
    Noninterest-bearing deposits $250,345
    Interest-bearing deposits $397,261
    Retail deposits $618,447
    IRAs and Keogh plan accounts $16,682
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $751,528
    Cash & Balances due from depository institutions $70,237
    Interest-bearing balances $46,547
    Total securities $130,712
    Federal funds sold & reverse repurchase $0
    Net loans and leases $480,512
    Loan and leases loss allowance $5,666
    Trading account assets $0
    Bank premises and fixed assets $27,991
    Other real estate owned $1,414
    Goodwill and other intangibles $16,688
    All other assets $23,974

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $751,528
    Total Liabilities $668,888
    Total deposits $647,606
    Interest-bearing deposits $397,261
    Deposits held in domestic offices $647,606
    % insured (estimated) $71
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $12,886
    Subordinated debt $0
    All other liabilities $8,396

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $480,512
    Loan and leases loss allowance $5,666
    Total loans and leases (domestic) $486,178
    All real estate loans $413,207
    Real estate loans in domestic offices $413,207
    Construction and development loans $67,045
    Residential 1-4 family construction $14,518
    Other construction, all land development and other land $52,527
    Loans secured by nonfarm nonresidential properties $217,005
    Nonfarm nonresidential secured by owner-occupied properties $103,397
    Commercial real estate & other non-farm, non-residential $113,608
    Multifamily residential real estate $4,240
    1-4 family residential loans $92,572
    Farmland loans $32,345
    Loans held in foreign offices $0
    Farm loans $19,562
    Commercial and industrial loans $41,043
    To non-U.S. addressees $0
    Loans to individuals $10,951
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $5,939
    Other loans to individuals $5,012
    All other loans & leases $2,321
    Loans to foreign governments and official institutions $0
    Other loans $2,079
    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 $2,681
    Non 1-4 family restructured loans & leases $2,681
    Total loans and leases (foreign) $0

    Community National Bank & Trust of Texas had $480,512,000 of loans outstanding in 2018. $413,207,000 of loans were in real estate loans. $67,045,000 of loans were in development loans. $4,240,000 of loans were in multifamily mortgage loans. $92,572,000 of loans were in 1-4 family mortgage loans. $19,562,000 of loans were in farm loans. $0 of loans were in credit card loans. $5,939,000 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 285 $55,430 $194,491
    Nonfarm, nonresidential loans - <$100k 90 $3,444 $38,267
    Nonfarm, nonresidential loans - $100-250k 91 $10,305 $113,242
    Nonfarm, nonresidential loans - $250k-1MM 104 $41,681 $400,779
    Commercial & Industrial, US addressed loans - <$1MM 490 $22,211 $45,329
    Commercial & Industrial, US addressed loans - <$100k 389 $8,304 $21,347
    Commercial & Industrial, US addressed loans - $100-250k 64 $5,974 $93,344
    Commercial & Industrial, US addressed loans - $250k-1MM 37 $7,933 $214,405
    Farmland loans - <$1MM 144 $14,716 $102,194
    Farmland loans - <$100k 85 $3,336 $39,247
    Farmland loans - $100-250k 36 $4,461 $123,917
    Farmland loans - $250k-1MM 23 $6,919 $300,826
    Agriculture operations loans - <$1MM 279 $12,589 $45,122
    Agriculture operations loans - <$100k 227 $4,968 $21,885
    Agriculture operations loans - $100-250k 36 $3,564 $99,000
    Agriculture operations loans - $250k-1MM 16 $4,057 $253,563