Community National Bank & Trust Of Texas Mortgage Rates, Fees & Info
Corsicana, TXLEI: 549300FZGNW8VUSEDB98
Tax ID: 75-1047436
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Bank Data
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, Mineral Wells, Athens, and Houston among others. We have data for 17 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.
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
271Origination Dollar Volume (All Markets)
$58,945,000Employee count
198Top 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) | 119 | $28,695,000 | $241,134 | $0 | 0.00% |
| Corsicana, TX (FHA|USDA|VA) | 78 | $13,430,000 | $172,179 | $0 | 0.00% |
| Outside of Metro Areas | 36 | $5,980,000 | $166,111 | $0 | 0.00% |
| Mineral Wells, TX (FHA|USDA|VA) | 19 | $5,395,000 | $283,947 | $0 | 0.00% |
| Athens, TX (FHA|USDA|VA) | 3 | $1,295,000 | $431,667 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $935,000 | $311,667 | $0 | 0.00% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $0 | 0.00% |
| Gainesville, TX (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| WACO, TX (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Sulphur Springs, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 259 | $55,445,000 | $214,073 | $0 | 0.00% |
| VA | 10 | $2,890,000 | $289,000 | $0 | 0.00% |
| USDA | 2 | $610,000 | $305,000 | $0 | 0.00% |
For 2020, Community National Bank & Trust Of Texas's most frequently originated type of loan was Conventional, with 259 originations. Their 2nd most popular type was VA, with 10 originations.
Loan Reason
For 2020, Community National Bank & Trust Of Texas's most frequently cited loan purpose was Home Purchase, with 184 originations. The 2nd most popular reason was Refi, with 66 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 271 | $58,945,000 | $217,509 | $0 | 0.00% |
For 2020, Community National Bank & Trust Of Texas's most frequently cited loan duration was Other, with 271 originations.
Loan Sizing
2020 saw Community National Bank & Trust Of Texas place emphasis on $100k-200k loans with 106 originations, totaling $15,610,000 in origination value.
Applicant Income
Community National Bank & Trust Of Texas lent most frequently to those with incomes in the $100k-150k range, with 66 originations. The second most popular income band? $50k-75k, with 47 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 271 | $58,945,000 | $217,509 | $0 | 0.00% |
Community National Bank & Trust Of Texas lent most frequently to those with DTI ratios of Exempt%, with 271 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.32%
Community National Bank & Trust Of Texas has an average approval rate.
Pick Rate
Approvals leading to origination89.67%
Community National Bank & Trust Of Texas has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 271 | $58,945,000 | $217,509 |
Occupancy Type Mix
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 National Bank & Trust of Texas | 101 North Mount Street Fairfield, TX 75840 | Full Service B&M | $81,869 |
| Community National Bank & Trust of Texas | 101 Se 1st Street Mineral Wells, TX 76067 | Full Service B&M | $123,474 |
| Community National Bank & Trust of Texas | 1404 Park Road 36 Graford, TX 76449 | Full Service B&M | $39,513 |
| Community National Bank & Trust of Texas | 1901 Wall Street Weatherford, TX 76086 | Full Service B&M | $87,051 |
| Community National Bank & Trust of Texas | 2500 Southwest Wilshire Boulevard Burleson, TX 76028 | Full Service B&M | $28,684 |
| Community National Bank & Trust of Texas | 309 East Ovilla Road Red Oak, TX 75154 | Full Service B&M | $17,861 |
| Community National Bank & Trust of Texas | 321 North 15th Street Corsicana, TX 75110 | Full Service B&M | $196,398 |
| Community National Bank & Trust of Texas | 3401 South Highway 287 Corsicana, TX 75109 | Full Service B&M | $41,604 |
| Community National Bank & Trust of Texas | 3930 Boat Club Road Lake Worth, TX 76135 | Full Service B&M | $67,554 |
| Community National Bank & Trust of Texas | 400 Garitty Frost, TX 76641 | Full Service B&M | $23,855 |
| Community National Bank & Trust of Texas | 402 East Hubbard Street Mineral Wells, TX 76067 | Limited, Drive-thru | $0 |
| Community National Bank & Trust of Texas | 412 South Commerce Centerville, TX 75833 | Full Service B&M | $24,498 |
| Community National Bank & Trust of Texas | 548 Fm 416 Streetman, TX 75859 | Full Service B&M | $7,691 |
| Community National Bank & Trust of Texas | 906 North Buffalo Ave Buffalo, TX 75831 | Full Service B&M | $15,299 |
| Community National Bank & Trust of Texas | 9636 White Settlement Road Fort Worth, TX 76108 | Full Service B&M | $27,131 |
For 2020, Community National Bank & Trust Of Texas had 15 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $35,475 |
| Net interest income | $32,989 |
| Total noninterest income | $7,391 |
| Gross Fiduciary activities income | $1,476 |
| Service charges on deposit accounts | $1,438 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $4,477 |
| Pre-tax net operating income | $13,874 |
| Securities gains (or losses, -) | $281 |
| Income before extraordinary items | $11,309 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $11,309 |
| Minority interest net income | $0 |
| Net income | $11,309 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $11,084 |
Community National Bank & Trust Of Texas's gross interest income from loans was $35,475,000.
Community National Bank & Trust Of Texas's net interest income from loans was $32,989,000.
Community National Bank & Trust Of Texas's fee based income from loans was $1,438,000.
Community National Bank & Trust Of Texas's net income from loans was $11,309,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $2,486 |
| Provision for credit losses | $1,590 |
| Total noninterest expense | $24,916 |
| Salaries and employee benefits | $14,866 |
| Premises and equipment expense | $4,137 |
| Additional noninterest expense | $5,913 |
| Applicable income taxes | $2,846 |
| Net charge-offs | $25 |
| Cash dividends | $8,300 |
Community National Bank & Trust Of Texas's interest expense for loans was $2,486,000.
Community National Bank & Trust Of Texas's payroll and benefits expense were $14,866,000.
Community National Bank & Trust Of Texas's property, plant and equipment expenses $4,137,000.
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 | $794,514 |
| Deposits held in domestic offices | $794,514 |
| Deposits by Individuals, partnerships, and corporations | $762,578 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $31,696 |
| Deposits by Commercial banks and other depository institutions in U.S. | $240 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $86,690 |
| Demand deposits | $62,476 |
| Nontransaction accounts | $707,824 |
| Money market deposit accounts (MMDAs) | $144,656 |
| Other savings deposits (excluding MMDAs) | $447,422 |
| Total time deposits | $115,746 |
| Total time and savings deposits | $732,038 |
| Noninterest-bearing deposits | $371,187 |
| Interest-bearing deposits | $423,327 |
| Retail deposits | $776,684 |
| IRAs and Keogh plan accounts | $15,082 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $925,317 |
| Cash & Balances due from depository institutions | $149,703 |
| Interest-bearing balances | $116,245 |
| Total securities | $139,602 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $559,017 |
| Loan and leases loss allowance | $8,123 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $33,105 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $15,647 |
| All other assets | $28,243 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $925,317 |
| Total Liabilities | $828,831 |
| Total deposits | $794,514 |
| Interest-bearing deposits | $423,327 |
| Deposits held in domestic offices | $794,514 |
| % insured (estimated) | $66 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $24,838 |
| Subordinated debt | $0 |
| All other liabilities | $9,479 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $559,017 |
| Loan and leases loss allowance | $8,123 |
| Total loans and leases (domestic) | $567,140 |
| All real estate loans | $454,475 |
| Real estate loans in domestic offices | $454,475 |
| Construction and development loans | $79,205 |
| Residential 1-4 family construction | $11,576 |
| Other construction, all land development and other land | $67,629 |
| Loans secured by nonfarm nonresidential properties | $247,628 |
| Nonfarm nonresidential secured by owner-occupied properties | $104,471 |
| Commercial real estate & other non-farm, non-residential | $143,157 |
| Multifamily residential real estate | $5,324 |
| 1-4 family residential loans | $85,284 |
| Farmland loans | $37,034 |
| Loans held in foreign offices | $0 |
| Farm loans | $17,369 |
| Commercial and industrial loans | $85,853 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $9,864 |
| Credit card loans | $0 |
| Related Plans | $0 |
| Consumer Auto Loans | $5,051 |
| Other loans to individuals | $4,813 |
| All other loans & leases | $1,638 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $1,477 |
| 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 | $1,211 |
| Non 1-4 family restructured loans & leases | $1,211 |
| Total loans and leases (foreign) | $0 |
Community National Bank & Trust of Texas had $559,017,000 of loans outstanding in 2020. $454,475,000 of loans were in real estate loans. $79,205,000 of loans were in development loans. $5,324,000 of loans were in multifamily mortgage loans. $85,284,000 of loans were in 1-4 family mortgage loans. $17,369,000 of loans were in farm loans. $0 of loans were in credit card loans. $5,051,000 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 | 295 | $56,231 | $190,614 |
| Nonfarm, nonresidential loans - <$100k | 75 | $2,875 | $38,333 |
| Nonfarm, nonresidential loans - $100-250k | 103 | $11,888 | $115,417 |
| Nonfarm, nonresidential loans - $250k-1MM | 117 | $41,468 | $354,427 |
| Commercial & Industrial, US addressed loans - <$1MM | 1,005 | $49,012 | $48,768 |
| Commercial & Industrial, US addressed loans - <$100k | 831 | $18,309 | $22,032 |
| Commercial & Industrial, US addressed loans - $100-250k | 117 | $13,264 | $113,368 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 57 | $17,439 | $305,947 |
| Farmland loans - <$1MM | 176 | $18,106 | $102,875 |
| Farmland loans - <$100k | 98 | $4,040 | $41,224 |
| Farmland loans - $100-250k | 46 | $5,797 | $126,022 |
| Farmland loans - $250k-1MM | 32 | $8,269 | $258,406 |
| Agriculture operations loans - <$1MM | 283 | $11,214 | $39,625 |
| Agriculture operations loans - <$100k | 229 | $4,311 | $18,825 |
| Agriculture operations loans - $100-250k | 39 | $3,790 | $97,179 |
| Agriculture operations loans - $250k-1MM | 15 | $3,113 | $207,533 |