The Citizens Bank Of Philadelphia Mississippi Mortgage Rates, Fees & Info
Philadelphia, MSLEI: 549300J1JK4OE41PLT95
Tax ID: 64-0134511
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Bank Data
Review & Overview
The Citizens Bank Of Philadelphia Mississippi is a smaller bank specializing in Refi and Home Purchase loans. The Citizens Bank Of Philadelphia Mississippi has a high proportion of conventional loans. Their top markets by origination volume include: Gulfport, Meridian, Crestview, Starkville, and Jackson among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)The Citizens Bank Of Philadelphia Mississippi 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
283Origination Dollar Volume (All Markets)
$35,975,000Employee count
269Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 224 | $14,700,000 | $65,625 | $0 | 0.00% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 10 | $13,020,000 | $1,302,000 | $0 | 0.00% |
| Meridian, MS (FHA|USDA|VA) | 28 | $2,630,000 | $93,929 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $2,295,000 | $2,295,000 | $0 | 0.00% |
| Starkville, MS (FHA|USDA|VA) | 8 | $1,520,000 | $190,000 | $0 | 0.00% |
| JACKSON, MS (FHA|USDA|VA) | 6 | $960,000 | $160,000 | $0 | 0.00% |
| Picayune, MS (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| HATTIESBURG, MS (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 0.00% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Laurel, MS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| Greenwood, MS (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 283 | $35,975,000 | $127,120 | $0 | 0.00% |
For 2019, The Citizens Bank Of Philadelphia Mississippi's most frequently originated type of loan was Conventional, with 283 originations.
Loan Reason
For 2019, The Citizens Bank Of Philadelphia Mississippi's most frequently cited loan purpose was Refi, with 180 originations. The 2nd most popular reason was Home Purchase, with 76 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 283 | $35,975,000 | $127,120 | $0 | 0.00% |
For 2019, The Citizens Bank Of Philadelphia Mississippi's most frequently cited loan duration was Other, with 283 originations.
Loan Sizing
2019 saw The Citizens Bank Of Philadelphia Mississippi place emphasis on $100,000 or less loans with 217 originations, totaling $10,205,000 in origination value.
Applicant Income
The Citizens Bank Of Philadelphia Mississippi lent most frequently to those with incomes in the $50k or less range, with 65 originations. The second most popular income band? $50k-75k, with 59 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 283 | $35,975,000 | $127,120 | $0 | 0.00% |
The Citizens Bank Of Philadelphia Mississippi lent most frequently to those with DTI ratios of Exempt%, with 283 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.83%
The Citizens Bank Of Philadelphia Mississippi has an average approval rate.
Pick Rate
Approvals leading to origination81.98%
The Citizens Bank Of Philadelphia Mississippi has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 283 | $35,975,000 | $127,120 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 4 | $13,140,000 | $3,285,000 |
| Single Family (1-4 Units):Site-Built | 279 | $22,835,000 | $81,846 |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| The Citizens Bank of Philadelphia, Mississippi | 100 East Main Street Louisville, MS 39339 | Full Service B&M | $81,296 |
| The Citizens Bank of Philadelphia, Mississippi | 1048 Johnson Street Scooba, MS 39358 | Full Service B&M | $15,405 |
| The Citizens Bank of Philadelphia, Mississippi | 15220 Highway 15 South Decatur, MS 39327 | Full Service B&M | $43,399 |
| The Citizens Bank of Philadelphia, Mississippi | 15309 Lemoyne Boulevard Branch Biloxi, MS 39532 | Full Service B&M | $5,202 |
| The Citizens Bank of Philadelphia, Mississippi | 1830 Popps Ferry Road Biloxi, MS 39532 | Full Service B&M | $5,390 |
| The Citizens Bank of Philadelphia, Mississippi | 201 Highway 12 West Starkville, MS 39759 | Full Service B&M | $44,595 |
| The Citizens Bank of Philadelphia, Mississippi | 2209 Hwy 45 North, Suite E Meridian, MS 39301 | Full Service B&M | $9,789 |
| The Citizens Bank of Philadelphia, Mississippi | 24 Pine Street Sebastopol, MS 39359 | Full Service B&M | $19,746 |
| The Citizens Bank of Philadelphia, Mississippi | 247 Woodland Drive North Forest, MS 39074 | Full Service B&M | $27,745 |
| The Citizens Bank of Philadelphia, Mississippi | 301 West Main Street Carthage, MS 39051 | Full Service B&M | $69,504 |
| The Citizens Bank of Philadelphia, Mississippi | 45 Main Street Noxapater, MS 39346 | Full Service B&M | $9,150 |
| The Citizens Bank of Philadelphia, Mississippi | 5015 Highway 493 Meridian, MS 39305 | Full Service B&M | $5,492 |
| The Citizens Bank of Philadelphia, Mississippi | 521 Main Street Philadelphia, MS 39350 | Full Service B&M | $229,545 |
| The Citizens Bank of Philadelphia, Mississippi | 5419 Highway 25, Suite Q Flowood, MS 39232 | Full Service B&M | $11,736 |
| The Citizens Bank of Philadelphia, Mississippi | 6222 Highway 98 West Hattiesburg, MS 39402 | Full Service B&M | $12,376 |
| The Citizens Bank of Philadelphia, Mississippi | 775 North Jackson Street Kosciusko, MS 39090 | Full Service B&M | $25,412 |
| The Citizens Bank of Philadelphia, Mississippi | 803 South Church Avenue Louisville, MS 39339 | Full Service B&M | $3,337 |
| The Citizens Bank of Philadelphia, Mississippi | 9065 Collinsville Road Collinsville, MS 39325 | Full Service B&M | $40,252 |
| The Citizens Bank of Philadelphia, Mississippi | 912 West Beacon Street Philadelphia, MS 39350 | Full Service B&M | $62,169 |
| The Citizens Bank of Philadelphia, Mississippi | Bank And Horne Streets Union, MS 39365 | Full Service B&M | $29,854 |
| The Citizens Bank of Philadelphia, Mississippi | Bell Street And Main Avenue, 176 Main Avenue De Kalb, MS 39328 | Full Service B&M | $14,708 |
| The Citizens Bank of Philadelphia, Mississippi | Highways 15 And 19 North Philadelphia, MS 39350 | Full Service B&M | $6,032 |
| The Citizens Bank of Philadelphia, Mississippi | Highways 16 East And 486 Philadelphia, MS 39350 | Full Service B&M | $24,288 |
For 2019, The Citizens Bank Of Philadelphia Mississippi had 23 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $35,361 |
| Net interest income | $25,637 |
| Total noninterest income | $9,558 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $4,413 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $5,145 |
| Pre-tax net operating income | $7,525 |
| Securities gains (or losses, -) | $190 |
| Income before extraordinary items | $6,277 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $6,277 |
| Minority interest net income | $0 |
| Net income | $6,277 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $6,123 |
The Citizens Bank Of Philadelphia Mississippi's gross interest income from loans was $35,361,000.
The Citizens Bank Of Philadelphia Mississippi's net interest income from loans was $25,637,000.
The Citizens Bank Of Philadelphia Mississippi's fee based income from loans was $4,413,000.
The Citizens Bank Of Philadelphia Mississippi's net income from loans was $6,277,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $9,724 |
| Provision for credit losses | $573 |
| Total noninterest expense | $27,097 |
| Salaries and employee benefits | $14,649 |
| Premises and equipment expense | $5,245 |
| Additional noninterest expense | $7,203 |
| Applicable income taxes | $1,438 |
| Net charge-offs | $190 |
| Cash dividends | $5,130 |
The Citizens Bank Of Philadelphia Mississippi's interest expense for loans was $9,724,000.
The Citizens Bank Of Philadelphia Mississippi's payroll and benefits expense were $14,649,000.
The Citizens Bank Of Philadelphia Mississippi's property, plant and equipment expenses $5,245,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 2.0% |
| Real Estate loans | 2.0% |
| Construction & Land Development loans | 0.0% |
| Nonfarm, nonresidential loans | 3.0% |
| Multifamily residential loans | 0.0% |
| 1-4 family residential loans | 1.0% |
| HELOC loans | 0.0% |
| All other family | 2.0% |
| Commercial & industrial loans | 0.0% |
| Personal loans | 0.0% |
| Credit card loans | 1.0% |
| Other individual loans | 0.0% |
| Auto loans | 2.0% |
| Other consumer loans | 0.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $900,732 |
| Deposits held in domestic offices | $900,732 |
| Deposits by Individuals, partnerships, and corporations | $754,203 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $146,183 |
| Deposits by Commercial banks and other depository institutions in U.S. | $346 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $153,703 |
| Demand deposits | $89,074 |
| Nontransaction accounts | $747,029 |
| Money market deposit accounts (MMDAs) | $407,793 |
| Other savings deposits (excluding MMDAs) | $83,064 |
| Total time deposits | $256,172 |
| Total time and savings deposits | $811,658 |
| Noninterest-bearing deposits | $190,406 |
| Interest-bearing deposits | $710,326 |
| Retail deposits | $831,384 |
| IRAs and Keogh plan accounts | $36,301 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $1,195,261 |
| Cash & Balances due from depository institutions | $74,494 |
| Interest-bearing balances | $58,557 |
| Total securities | $464,383 |
| Federal funds sold & reverse repurchase | $1,600 |
| Net loans and leases | $573,312 |
| Loan and leases loss allowance | $3,755 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $24,672 |
| Other real estate owned | $3,552 |
| Goodwill and other intangibles | $13,856 |
| All other assets | $39,392 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $1,195,261 |
| Total Liabilities | $1,084,370 |
| Total deposits | $900,732 |
| Interest-bearing deposits | $710,326 |
| Deposits held in domestic offices | $900,732 |
| % insured (estimated) | $87 |
| Federal funds purchased and repurchase agreements | $170,410 |
| Trading liabilities | $0 |
| Other borrowed funds | $6 |
| Subordinated debt | $0 |
| All other liabilities | $13,222 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $573,312 |
| Loan and leases loss allowance | $3,755 |
| Total loans and leases (domestic) | $577,067 |
| All real estate loans | $460,828 |
| Real estate loans in domestic offices | $460,828 |
| Construction and development loans | $81,149 |
| Residential 1-4 family construction | $13,265 |
| Other construction, all land development and other land | $67,884 |
| Loans secured by nonfarm nonresidential properties | $231,713 |
| Nonfarm nonresidential secured by owner-occupied properties | $104,974 |
| Commercial real estate & other non-farm, non-residential | $126,739 |
| Multifamily residential real estate | $8,347 |
| 1-4 family residential loans | $123,510 |
| Farmland loans | $16,109 |
| Loans held in foreign offices | $0 |
| Farm loans | $1,573 |
| Commercial and industrial loans | $69,584 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $15,565 |
| Credit card loans | $1,833 |
| Related Plans | $0 |
| Consumer Auto Loans | $2,751 |
| Other loans to individuals | $10,981 |
| All other loans & leases | $29,525 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $25,360 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $11,688 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $0 |
| Non 1-4 family restructured loans & leases | $0 |
| Total loans and leases (foreign) | $0 |
The Citizens Bank of Philadelphia Mississippi had $573,312,000 of loans outstanding in 2019. $460,828,000 of loans were in real estate loans. $81,149,000 of loans were in development loans. $8,347,000 of loans were in multifamily mortgage loans. $123,510,000 of loans were in 1-4 family mortgage loans. $1,573,000 of loans were in farm loans. $1,833,000 of loans were in credit card loans. $2,751,000 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 | 328 | $66,588 | $203,012 |
| Nonfarm, nonresidential loans - <$100k | 108 | $4,306 | $39,870 |
| Nonfarm, nonresidential loans - $100-250k | 102 | $12,457 | $122,127 |
| Nonfarm, nonresidential loans - $250k-1MM | 118 | $49,825 | $422,246 |
| Commercial & Industrial, US addressed loans - <$1MM | 919 | $35,159 | $38,258 |
| Commercial & Industrial, US addressed loans - <$100k | 781 | $11,680 | $14,955 |
| Commercial & Industrial, US addressed loans - $100-250k | 79 | $7,620 | $96,456 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 59 | $15,859 | $268,797 |
| Farmland loans - <$1MM | 299 | $16,109 | $53,876 |
| Farmland loans - <$100k | 299 | $16,109 | $53,876 |
| Agriculture operations loans - <$1MM | 62 | $1,573 | $25,371 |
| Agriculture operations loans - <$100k | 62 | $1,573 | $25,371 |