Citizens Business Bank Mortgage Rates, Fees & Info

Ontario, CA

LEI: 549300L36QZWPHM6FP31

Tax ID: 95-2868024

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Mortgage Data

Bank Data

Review & Overview

Citizens Business Bank is a smaller bank specializing in Refi and Home Purchase loans. Citizens Business Bank has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Stockton, San Diego, Riverside, and Bakersfield among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)

Citizens Business Bank 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.

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Originations

112

Origination Dollar Volume (All Markets)

$152,470,000

Employee count

1,017

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
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 41 $46,235,000 $1,127,683 $0 0.00%
STOCKTON, CA (FHA|USDA|VA) 4 $22,440,000 $5,610,000 $0 0.00%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 6 $16,500,000 $2,750,000 $0 0.00%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 17 $15,015,000 $883,235 $0 0.00%
BAKERSFIELD, CA (FHA|USDA|VA) 7 $12,465,000 $1,780,714 $0 0.00%
MODESTO, CA (FHA|USDA|VA) 5 $9,585,000 $1,917,000 $0 0.00%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 7 $7,885,000 $1,126,429 $0 0.00%
FRESNO, CA (FHA|USDA|VA) 11 $7,735,000 $703,182 $0 0.00%
VISALIA, CA (FHA|USDA|VA) 5 $5,315,000 $1,063,000 $0 0.00%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $4,560,000 $2,280,000 $0 0.00%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 2 $1,680,000 $840,000 $0 0.00%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $1,555,000 $1,555,000 $0 0.00%
MERCED, CA (FHA|USDA|VA) 3 $1,345,000 $448,333 $0 0.00%
MADERA, CA (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
Citizens Business Bank's top markets include Los Angeles, Stockton, San Diego, Riverside, and Bakersfield among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 112 $152,470,000 $1,361,339 $0 0.00%

    For 2019, Citizens Business Bank's most frequently originated type of loan was Conventional, with 112 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 68 $83,940,000 $1,234,412 $0 0.00%
    Home Purchase 39 $61,945,000 $1,588,333 $0 0.00%
    Other 5 $6,585,000 $1,317,000 $0 0.00%

    For 2019, Citizens Business Bank's most frequently cited loan purpose was Refi, with 68 originations. The 2nd most popular reason was Home Purchase, with 39 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 112 $152,470,000 $1,361,339 $0 0.00%

    For 2019, Citizens Business Bank's most frequently cited loan duration was Other, with 112 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 46 $119,150,000 $2,590,217 $0 0.00%
    $600k-1MM 23 $17,185,000 $747,174 $0 0.00%
    $400k-600k 22 $10,980,000 $499,091 $0 0.00%
    $200k-400k 15 $4,265,000 $284,333 $0 0.00%
    $100k-200k 6 $890,000 $148,333 $0 0.00%

    2019 saw Citizens Business Bank place emphasis on $1MM+ loans with 46 originations, totaling $119,150,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 43 $39,095,000 $909,186 $0 0.00%
    $100k-150k 8 $3,390,000 $423,750 $0 0.00%
    $150k-250k 7 $2,785,000 $397,857 $0 0.00%
    $50k or less 1 $345,000 $345,000 $0 0.00%
    $75k-100k 1 $635,000 $635,000 $0 0.00%

    Citizens Business Bank lent most frequently to those with incomes in the $250k+ range, with 43 originations. The second most popular income band? $100k-150k, with 8 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 112 $152,470,000 $1,361,339 $0 0.00%

    Citizens Business Bank lent most frequently to those with DTI ratios of Exempt%, with 112 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 41 $97,175,000 $2,370,122 $0 0.00%
    White 38 $27,390,000 $720,789 $0 0.00%
    Not provided 26 $24,780,000 $953,077 $0 0.00%
    Asian 3 $1,375,000 $458,333 $0 0.00%
    Black 3 $1,095,000 $365,000 $0 0.00%
    Asian Indian 1 $655,000 $655,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.13%

    Citizens Business Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    79.46%

    Citizens Business Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 112 $152,470,000 $1,361,339

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 47 $102,025,000 $2,170,745
    Single Family (1-4 Units):Site-Built 65 $50,445,000 $776,077

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 10 4.3%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Closing on a mortgage 6 2.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Incorrect information on your report 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Struggling to pay mortgage 20 8.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Trouble during payment process 81 34.8%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Closing on a mortgage 3 1.3%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Incorrect information on your report 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Struggling to pay mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Trouble during payment process 13 5.6%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 11 4.7%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Closing on a mortgage 9 3.9%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Struggling to pay mortgage 8 3.4%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 52 22.3%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Closing on a mortgage 4 1.7%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Struggling to pay mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Trouble during payment process 3 1.3%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Applying for a mortgage or refinancing an existing mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Struggling to pay mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Trouble during payment process 2 0.9%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Citizens Business Bank 100 East Huntington Drive Monrovia, CA 91016 Full Service B&M $114,902
    Citizens Business Bank 1000 North Brand Boulevard Glendale, CA 91202 Full Service B&M $199,922
    Citizens Business Bank 101 W. Huntington Drive Arcadia, CA 91007 Full Service B&M $83,254
    Citizens Business Bank 1010 Colorado Boulevard Pasadena, CA 91106 Full Service B&M $681,781
    Citizens Business Bank 1095 North Garey Avenue Pomona, CA 91767 Full Service B&M $103,336
    Citizens Business Bank 1101 Anacapa Street Santa Barbara, CA 93101 Full Service B&M $12,917
    Citizens Business Bank 1201 East Katella Avenue Orange, CA 92867 Full Service B&M $187,916
    Citizens Business Bank 12070 Telegraph Road, Suite 107 Santa Fe Springs, CA 90670 Full Service B&M $89,780
    Citizens Business Bank 1230 17th Street Bakersfield, CA 93301 Full Service B&M $126,128
    Citizens Business Bank 12680 High Bluff Drive San Diego, CA 92130 Full Service B&M $15,204
    Citizens Business Bank 12808 Central Avenue Chino, CA 91710 Full Service B&M $613,977
    Citizens Business Bank 1401 Dove St. Newport Beach, CA 92660 Full Service B&M $101,720
    Citizens Business Bank 1555 East Highland Avenue San Bernardino, CA 92404 Full Service B&M $116,989
    Citizens Business Bank 1613 Inyo Street Delano, CA 93215 Full Service B&M $83,616
    Citizens Business Bank 16830 Ventura Blvd Suite 310, Suite 310 Encino, CA 91436 Full Service B&M $262,309
    Citizens Business Bank 1800 N. Sepulveda Boulevard Manhattan Beach, CA 90266 Full Service B&M $88,746
    Citizens Business Bank 1900 Avenue Of The Stars, Suite 1820 Los Angeles, CA 90067 Full Service B&M $112,770
    Citizens Business Bank 1901 E. Prosperity Avenue Tulare, CA 93274 Full Service B&M $108,679
    Citizens Business Bank 19197 Town Center Drive Apple Valley, CA 92307 Full Service B&M $134,792
    Citizens Business Bank 200 East Citrus Avenue Redlands, CA 92373 Full Service B&M $222,700
    Citizens Business Bank 2000 East 4th Street, Suite 100 Santa Ana, CA 92705 Full Service B&M $86,560
    Citizens Business Bank 2001 Howard Road Suite 101 Madera, CA 93637 Full Service B&M $81,134
    Citizens Business Bank 225 West Sixth Street Corona, CA 92882 Full Service B&M $180,491
    Citizens Business Bank 23046 Avendia De La Carlota Suite 100 Laguna Hills, CA 92653 Full Service B&M $122,532
    Citizens Business Bank 2357-B Pickwick Drive Camarillo, CA 93010 Full Service B&M $40,199
    Citizens Business Bank 2400 E. Gonzales Road Oxnard, CA 93036 Full Service B&M $57,620
    Citizens Business Bank 2650 East Imperial Highway Brea, CA 92821 Full Service B&M $212,039
    Citizens Business Bank 2663 Townsgate Road Westlake Village, CA 91361 Full Service B&M $42,179
    Citizens Business Bank 275 Main Street El Segundo, CA 90245 Full Service B&M $77,255
    Citizens Business Bank 2800 North Hollywood Way Burbank, CA 91505 Full Service B&M $504,330
    Citizens Business Bank 28470 Avenue Stanford Suite 110 Santa Clarita, CA 91355 Full Service B&M $83,410
    Citizens Business Bank 301 N. Harbor Blvd Suite 101 Fullerton, CA 92832 Full Service B&M $105,895
    Citizens Business Bank 301 Vanderbilt Way San Bernardino, CA 92408 Full Service B&M $472,464
    Citizens Business Bank 30100 Town Center Drive, Suite Q Laguna Niguel, CA 92677 Full Service B&M $69,165
    Citizens Business Bank 3260 Telegraph Road Ventura, CA 93003 Full Service B&M $121,807
    Citizens Business Bank 3695 Main Street Riverside, CA 92501 Full Service B&M $177,337
    Citizens Business Bank 3911 Coffee Rd Ste A Bakersfield, CA 93308 Full Service B&M $43,386
    Citizens Business Bank 4100 West Alameda Avenue Burbank, CA 91505 Full Service B&M $135,949
    Citizens Business Bank 42548 Tenth Street West Lancaster, CA 93534 Full Service B&M $52,923
    Citizens Business Bank 4744 Quail Lakes Drive, Suite A Stockton, CA 95207 Full Service B&M $3,810
    Citizens Business Bank 4900 South Eastern Avenue, Suite 200 City Of Commerce, CA 90040 Full Service B&M $104,917
    Citizens Business Bank 5060 California Avenue Bakersfield, CA 93309 Full Service B&M $140,422
    Citizens Business Bank 610 W. Ash, Suite 1100 San Diego, CA 92101 Full Service B&M $31,148
    Citizens Business Bank 701 North Haven Avenue Ontario, CA 91764 Full Service B&M $418,640
    Citizens Business Bank 701 West Main Street Visalia, CA 93291 Full Service B&M $260,799
    Citizens Business Bank 77 Plaza Square Orange, CA 92866 Full Service B&M $257,136
    Citizens Business Bank 7733 N. Fresno Street Fresno, CA 93720 Full Service B&M $0
    Citizens Business Bank 7733 North Fresno Street Fresno, CA 93720 Full Service B&M $134,955
    Citizens Business Bank 7755 Center Avenue Suite 1250 Huntington Beach, CA 92647 Full Service B&M $49,255
    Citizens Business Bank 800 Glenneyre Street Laguna Beach, CA 92651 Full Service B&M $30,063
    Citizens Business Bank 818 North Mountain Avenue Upland, CA 91786 Full Service B&M $237,982
    Citizens Business Bank 850 E. Las Tunas Dr San Gabriel, CA 91776 Full Service B&M $91,418
    Citizens Business Bank 858 Foothill Boulevard La Canada, CA 91011 Full Service B&M $114,595
    Citizens Business Bank 901 Fair Oaks Avenue South Pasadena, CA 91030 Full Service B&M $97,216
    Citizens Business Bank 9244 Sierra Avenue Fontana, CA 92335 Full Service B&M $57,184
    Citizens Business Bank 970 W. 190th Street, Suite 120 Torrance, CA 90502 Full Service B&M $243,868
    Citizens Business Bank 973 East Badillo Street Covina, CA 91724 Full Service B&M $134,497
    Citizens Business Bank 9754 Rush Street South El Monte, CA 91733 Full Service B&M $87,032
    Citizens Business Bank 980 Huntington Drive San Marino, CA 91108 Full Service B&M $71,999

    For 2019, Citizens Business Bank had 59 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $457,850
    Net interest income $436,748
    Total noninterest income $58,864
    Gross Fiduciary activities income $8,224
    Service charges on deposit accounts $20,752
    Trading account gains and fees $143
    Additional Noninterest Income $29,745
    Pre-tax net operating income $298,676
    Securities gains (or losses, -) $5
    Income before extraordinary items $213,185
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $213,185
    Minority interest net income $0
    Net income $213,185
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $213,181

    Citizens Business Bank's gross interest income from loans was $457,850,000.
    Citizens Business Bank's net interest income from loans was $436,748,000.
    Citizens Business Bank's fee based income from loans was $20,752,000.
    Citizens Business Bank's net income from loans was $213,185,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $21,102
    Provision for credit losses $5,000
    Total noninterest expense $191,936
    Salaries and employee benefits $116,270
    Premises and equipment expense $21,416
    Additional noninterest expense $54,250
    Applicable income taxes $85,496
    Net charge-offs $-47
    Cash dividends $106,000

    Citizens Business Bank's interest expense for loans was $21,102,000.
    Citizens Business Bank's payroll and benefits expense were $116,270,000.
    Citizens Business Bank's property, plant and equipment expenses $21,416,000.

    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 $8,735,983
    Deposits held in domestic offices $8,735,983
    Deposits by Individuals, partnerships, and corporations $8,206,457
    Deposits by U.S. Government $17,454
    Deposits by States and political subdivisions in the U.S. $500,651
    Deposits by Commercial banks and other depository institutions in U.S. $11,421
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $5,701,421
    Demand deposits $5,246,855
    Nontransaction accounts $3,034,562
    Money market deposit accounts (MMDAs) $2,187,877
    Other savings deposits (excluding MMDAs) $400,377
    Total time deposits $446,308
    Total time and savings deposits $3,489,128
    Noninterest-bearing deposits $5,246,856
    Interest-bearing deposits $3,489,127
    Retail deposits $8,562,683
    IRAs and Keogh plan accounts $31,615
    Brokered deposits $65,432
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $11,279,433
    Cash & Balances due from depository institutions $188,449
    Interest-bearing balances $30,139
    Total securities $2,413,829
    Federal funds sold & reverse repurchase $0
    Net loans and leases $7,495,917
    Loan and leases loss allowance $68,660
    Trading account assets $880
    Bank premises and fixed assets $77,313
    Other real estate owned $4,889
    Goodwill and other intangibles $706,693
    All other assets $391,463

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $11,279,433
    Total Liabilities $9,275,741
    Total deposits $8,735,983
    Interest-bearing deposits $3,489,127
    Deposits held in domestic offices $8,735,983
    % insured (estimated) $40
    Federal funds purchased and repurchase agreements $428,659
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $111,099

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $7,495,917
    Loan and leases loss allowance $68,660
    Total loans and leases (domestic) $7,564,577
    All real estate loans $6,264,123
    Real estate loans in domestic offices $6,264,123
    Construction and development loans $123,767
    Residential 1-4 family construction $40,608
    Other construction, all land development and other land $83,159
    Loans secured by nonfarm nonresidential properties $4,768,792
    Nonfarm nonresidential secured by owner-occupied properties $2,063,158
    Commercial real estate & other non-farm, non-residential $2,705,634
    Multifamily residential real estate $586,637
    1-4 family residential loans $518,826
    Farmland loans $266,101
    Loans held in foreign offices $0
    Farm loans $361,764
    Commercial and industrial loans $837,962
    To non-U.S. addressees $0
    Loans to individuals $15,771
    Credit card loans $0
    Related Plans $6,083
    Consumer Auto Loans $432
    Other loans to individuals $9,256
    All other loans & leases $98,009
    Loans to foreign governments and official institutions $0
    Other loans $37,807
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $5,618
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $3,112
    Non 1-4 family restructured loans & leases $933
    Total loans and leases (foreign) $0

    Citizens Business Bank had $7,495,917,000 of loans outstanding in 2019. $6,264,123,000 of loans were in real estate loans. $123,767,000 of loans were in development loans. $586,637,000 of loans were in multifamily mortgage loans. $518,826,000 of loans were in 1-4 family mortgage loans. $361,764,000 of loans were in farm loans. $0 of loans were in credit card loans. $432,000 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 1,858 $677,333 $364,550
    Nonfarm, nonresidential loans - <$100k 149 $1,538 $10,322
    Nonfarm, nonresidential loans - $100-250k 325 $28,992 $89,206
    Nonfarm, nonresidential loans - $250k-1MM 1,384 $646,803 $467,343
    Commercial & Industrial, US addressed loans - <$1MM 2,397 $312,577 $130,403
    Commercial & Industrial, US addressed loans - <$100k 1,301 $28,981 $22,276
    Commercial & Industrial, US addressed loans - $100-250k 502 $58,283 $116,102
    Commercial & Industrial, US addressed loans - $250k-1MM 594 $225,313 $379,315
    Farmland loans - <$1MM 38 $8,355 $219,868
    Farmland loans - <$100k 4 $94 $23,500
    Farmland loans - $100-250k 9 $1,217 $135,222
    Farmland loans - $250k-1MM 25 $7,044 $281,760
    Agriculture operations loans - <$1MM 46 $9,086 $197,522
    Agriculture operations loans - <$100k 11 $177 $16,091
    Agriculture operations loans - $100-250k 15 $2,078 $138,533
    Agriculture operations loans - $250k-1MM 20 $6,831 $341,550