Citizens Bank And Trust Company Mortgage Rates, Fees & Info

Baton Rouge, LA

LEI: 549300L0RZ1NED0NV967

Tax ID: 72-0152830

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

Review & Overview

Citizens Bank And Trust Company is a smaller bank specializing in Home Purchase and Home Improvement loans. Citizens Bank And Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Baton Rouge, Pensacola, New Orleans, Daphne, and Hammond among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

Citizens Bank And Trust Company has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.

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Originations

110

Origination Dollar Volume (All Markets)

$27,050,000

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
BATON ROUGE, LA (FHA\|USDA\|VA)	102	$23,600,000	$231,373	$0	0.00%
PENSACOLA-FERRY PASS-BRENT, FL (FHA\|USDA\|VA)	1	$1,225,000	$1,225,000	$0	0.00%
NEW ORLEANS-METAIRIE, LA (FHA\|USDA\|VA)	3	$1,215,000	$405,000	$0	0.00%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA\|USDA\|VA)	1	$415,000	$415,000	$0	0.00%
HAMMOND, LA (FHA\|USDA\|VA)	2	$320,000	$160,000	$0	0.00%
SHREVEPORT-BOSSIER CITY, LA (FHA\|USDA\|VA)	1	$275,000	$275,000	$0	0.00%

Citizens Bank And Trust Company's top markets include Baton Rouge, Pensacola, New Orleans, Daphne, and Hammond among others.

Their top states include:

Louisiana (FHA|USDA|VA)

Florida (FHA|USDA|VA)

Alabama (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	110	$27,050,000	$245,909	$0	0.00%

For 2023, Citizens Bank And Trust Company's most frequently originated type of loan was Conventional, with 110 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	49	$12,585,000	$256,837	$0	0.00%
Home Improvement	21	$5,775,000	$275,000	$0	0.00%
Refi	20	$4,470,000	$223,500	$0	0.00%
Cash Out Refi	17	$3,615,000	$212,647	$0	0.00%
Other	3	$605,000	$201,667	$0	0.00%

For 2023, Citizens Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 49 originations. The 2nd most popular reason was Home Improvement, with 21 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	110	$27,050,000	$245,909	$0	0.00%

For 2023, Citizens Bank And Trust Company's most frequently cited loan duration was Other, with 110 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-200k	46	$6,680,000	$145,217	$0	0.00%
$100,000 or less	25	$1,555,000	$62,200	$0	0.00%
$200k-400k	23	$6,575,000	$285,870	$0	0.00%
$400k-600k	9	$4,255,000	$472,778	$0	0.00%
$600k-1MM	5	$3,975,000	$795,000	$0	0.00%
$1MM+	2	$4,010,000	$2,005,000	$0	0.00%

2023 saw Citizens Bank And Trust Company place emphasis on $100k-200k loans with 46 originations, totaling $6,680,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$150k-250k	21	$5,125,000	$244,048	$0	0.00%
$250k+	8	$2,890,000	$361,250	$0	0.00%
$75k-100k	7	$935,000	$133,571	$0	0.00%
$100k-150k	5	$725,000	$145,000	$0	0.00%
$50k-75k	4	$460,000	$115,000	$0	0.00%
$50k or less	1	$65,000	$65,000	$0	0.00%

Citizens Bank And Trust Company lent most frequently to those with incomes in the $150k-250k range, with 21 originations. The second most popular income band? $250k+, with 8 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	110	$27,050,000	$245,909	$0	0.00%

Citizens Bank And Trust Company lent most frequently to those with DTI ratios of Exempt%, with 110 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
Not applicable	61	$16,035,000	$262,869	$0	0.00%
White	39	$9,135,000	$234,231	$0	0.00%
Black	7	$1,335,000	$190,714	$0	0.00%
Asian	1	$305,000	$305,000	$0	0.00%
Other Asian	1	$165,000	$165,000	$0	0.00%
Not provided	1	$75,000	$75,000	$0	0.00%

Approval Rates

Total approvals of all applications
95.28%

Citizens Bank And Trust Company has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

Pick Rate

Approvals leading to origination
90.00%

Citizens Bank And Trust Company has an average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	110	$27,050,000	$245,909

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	110	$27,050,000	$245,909