Community Bank Of Trenton Mortgage Rates, Fees & Info

Trenton, IL

LEI: 549300MGDBENMLUYMI91

Tax ID: 37-0817404

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

Review & Overview

Community Bank Of Trenton is a smaller bank specializing in Home Purchase, Refi, and Cash Out Refi loans. Community Bank Of Trenton has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Centralia, and Chicago among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

Community Bank Of Trenton 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

206

Origination Dollar Volume (All Markets)

$36,100,000

Employee count

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
ST. LOUIS, MO-IL (FHA\|USDA\|VA)	198	$35,150,000	$177,525	$0	0.00%
Centralia, IL (FHA\|USDA\|VA)	4	$390,000	$97,500	$0	0.00%
Outside of Metro Areas	3	$305,000	$101,667	$0	0.00%
Chicago-Naperville-Elgin, IL-IN-WI (FHA\|USDA\|VA)	1	$255,000	$255,000	$0	0.00%

Community Bank Of Trenton's top markets include St. Louis, Centralia, and Chicago among others.

Their top states include:

Illinois (FHA|USDA|VA)

Missouri (FHA|USDA|VA)

Similar Lenders

We use machine learning to identify the top lenders compared against Community Bank of Trenton based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

Town & Country Bank
Similarity Rank: 328

Ozarks Federal Savings and Loan Association
Similarity Rank: 370

CapGrow Home Mortgage, LLC
Similarity Rank: 552

D.W. BROWN MORTGAGE CORP.
Similarity Rank: 627

JERSEY STATE BANK
Similarity Rank: 725

HNB National Bank
Similarity Rank: 910

First National Bank of Waterloo
Similarity Rank: 938

VANTAGE Credit Union
Similarity Rank: 1010

Providence Bank
Similarity Rank: 1102

U S WIDE FINANCIAL LLC
Similarity Rank: 1260

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	206	$36,100,000	$175,243	$0	0.00%

For 2021, Community Bank Of Trenton's most frequently originated type of loan was Conventional, with 206 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	70	$9,920,000	$141,714	$0	0.00%
Refi	69	$13,645,000	$197,754	$0	0.00%
Cash Out Refi	60	$11,940,000	$199,000	$0	0.00%
Other	5	$535,000	$107,000	$0	0.00%
Home Improvement	2	$60,000	$30,000	$0	0.00%

For 2021, Community Bank Of Trenton's most frequently cited loan purpose was Home Purchase, with 70 originations. The 2nd most popular reason was Refi, with 69 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	206	$36,100,000	$175,243	$0	0.00%

For 2021, Community Bank Of Trenton's most frequently cited loan duration was Other, with 206 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-200k	98	$14,260,000	$145,510	$0	0.00%
$200k-400k	53	$13,675,000	$258,019	$0	0.00%
$100,000 or less	45	$2,865,000	$63,667	$0	0.00%
$400k-600k	8	$3,610,000	$451,250	$0	0.00%
$600k-1MM	2	$1,690,000	$845,000	$0	0.00%

2021 saw Community Bank Of Trenton place emphasis on $100k-200k loans with 98 originations, totaling $14,260,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$150k-250k	45	$9,945,000	$221,000	$0	0.00%
$100k-150k	43	$7,695,000	$178,953	$0	0.00%
$75k-100k	38	$5,860,000	$154,211	$0	0.00%
$50k-75k	34	$4,860,000	$142,941	$0	0.00%
$50k or less	14	$1,580,000	$112,857	$0	0.00%
$250k+	10	$2,200,000	$220,000	$0	0.00%

Community Bank Of Trenton lent most frequently to those with incomes in the $150k-250k range, with 45 originations. The second most popular income band? $100k-150k, with 43 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	206	$36,100,000	$175,243	$0	0.00%

Community Bank Of Trenton lent most frequently to those with DTI ratios of Exempt%, with 206 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	179	$31,715,000	$177,179	$0	0.00%
Not applicable	21	$3,845,000	$183,095	$0	0.00%
Black	4	$370,000	$92,500	$0	0.00%
Not provided	2	$170,000	$85,000	$0	0.00%

Approval Rates

Total approvals of all applications
98.68%

Community Bank Of Trenton 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
91.26%

Community Bank Of Trenton has an average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	206	$36,100,000	$175,243

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	206	$36,100,000	$175,243

Complaints

Bank Name	Product	Issue	2021 CPFB Complaints	% of Total Issues
COMMUNITY BANK SYSTEM, INC.	Conventional home mortgage	Applying for a mortgage or refinancing an existing mortgage	1	50.0%
COMMUNITY BANK SYSTEM, INC.	Home equity loan or line of credit (HELOC)	Closing on a mortgage	1	50.0%

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
Community Bank of Trenton	104 East Broadway Trenton, IL 62293	Full Service B&M	$84,172

For 2021, Community Bank Of Trenton had 1 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$3,714
Net interest income	$3,159
Total noninterest income	$963
Gross Fiduciary activities income	$0
Service charges on deposit accounts	$67
Trading account gains and fees	$0
Additional Noninterest Income	$896
Pre-tax net operating income	$1,550
Securities gains (or losses, -)	$0
Income before extraordinary items	$1,550
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$1,550
Minority interest net income	$0
Net income	$1,550
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$1,550

Community Bank Of Trenton's gross interest income from loans was $3,714,000.
Community Bank Of Trenton's net interest income from loans was $3,159,000.
Community Bank Of Trenton's fee based income from loans was $67,000.
Community Bank Of Trenton's net income from loans was $1,550,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$555
Provision for credit losses	$60
Total noninterest expense	$2,512
Salaries and employee benefits	$1,578
Premises and equipment expense	$182
Additional noninterest expense	$752
Applicable income taxes	$0
Net charge-offs	$120
Cash dividends	$1,045

Community Bank Of Trenton's interest expense for loans was $555,000.
Community Bank Of Trenton's payroll and benefits expense were $1,578,000.
Community Bank Of Trenton's property, plant and equipment expenses $182,000.

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	1.0%
Multifamily residential loans	0.0%
1-4 family residential loans	0.0%
HELOC loans	0.0%
All other family	0.0%
Commercial & industrial loans	1.0%
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	$81,243
Deposits held in domestic offices	$81,243
Deposits by Individuals, partnerships, and corporations	$77,929
Deposits by U.S. Government	$2
Deposits by States and political subdivisions in the U.S.	$3,312
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	$30,369
Demand deposits	$12,909
Nontransaction accounts	$50,874
Money market deposit accounts (MMDAs)	$8,446
Other savings deposits (excluding MMDAs)	$17,410
Total time deposits	$25,018
Total time and savings deposits	$68,334
Noninterest-bearing deposits	$13,022
Interest-bearing deposits	$68,221
Retail deposits	$79,043
IRAs and Keogh plan accounts	$3,094
Brokered deposits	$0
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$97,090
Cash & Balances due from depository institutions	$5,665
Interest-bearing balances	$4,937
Total securities	$14,971
Federal funds sold & reverse repurchase	$4,690
Net loans and leases	$67,738
Loan and leases loss allowance	$990
Trading account assets	$0
Bank premises and fixed assets	$1,679
Other real estate owned	$0
Goodwill and other intangibles	$0
All other assets	$2,347

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$97,090
Total Liabilities	$86,112
Total deposits	$81,243
Interest-bearing deposits	$68,221
Deposits held in domestic offices	$81,243
% insured (estimated)	$93
Federal funds purchased and repurchase agreements	$1,035
Trading liabilities	$0
Other borrowed funds	$3,400
Subordinated debt	$0
All other liabilities	$434

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$67,738
Loan and leases loss allowance	$990
Total loans and leases (domestic)	$68,728
All real estate loans	$53,411
Real estate loans in domestic offices	$53,411
Construction and development loans	$6,789
Residential 1-4 family construction	$5,284
Other construction, all land development and other land	$1,505
Loans secured by nonfarm nonresidential properties	$10,993
Nonfarm nonresidential secured by owner-occupied properties	$7,715
Commercial real estate & other non-farm, non-residential	$3,278
Multifamily residential real estate	$410
1-4 family residential loans	$29,617
Farmland loans	$5,602
Loans held in foreign offices	$0
Farm loans	$1,502
Commercial and industrial loans	$9,949
To non-U.S. addressees	$0
Loans to individuals	$3,830
Credit card loans	$0
Related Plans	$4
Consumer Auto Loans	$2,675
Other loans to individuals	$1,151
All other loans & leases	$36
Loans to foreign governments and official institutions	$0
Other loans	$36
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	$338
Non 1-4 family restructured loans & leases	$338
Total loans and leases (foreign)	$0

Community Bank of Trenton had $67,738,000 of loans outstanding in 2021. $53,411,000 of loans were in real estate loans. $6,789,000 of loans were in development loans. $410,000 of loans were in multifamily mortgage loans. $29,617,000 of loans were in 1-4 family mortgage loans. $1,502,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,675,000 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	56	$6,686	$119,393
Nonfarm, nonresidential loans - <$100k	18	$559	$31,056
Nonfarm, nonresidential loans - $100-250k	30	$3,722	$124,067
Nonfarm, nonresidential loans - $250k-1MM	8	$2,405	$300,625
Commercial & Industrial, US addressed loans - <$1MM	133	$7,707	$57,947
Commercial & Industrial, US addressed loans - <$100k	99	$2,542	$25,677
Commercial & Industrial, US addressed loans - $100-250k	28	$3,305	$118,036
Commercial & Industrial, US addressed loans - $250k-1MM	6	$1,860	$310,000
Farmland loans - <$1MM	25	$2,153	$86,120
Farmland loans - <$100k	11	$396	$36,000
Farmland loans - $100-250k	9	$709	$78,778
Farmland loans - $250k-1MM	5	$1,048	$209,600
Agriculture operations loans - <$1MM	12	$1,502	$125,167
Agriculture operations loans - <$100k	5	$121	$24,200
Agriculture operations loans - $100-250k	3	$348	$116,000
Agriculture operations loans - $250k-1MM	4	$1,033	$258,250