United Citizens Bank & Trust Company Mortgage Rates, Fees & Info
Campbellsburg, KYLEI: 549300MIICHJBUDK6R97
Tax ID: 61-0888526
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Bank Data
Review & Overview
United Citizens Bank & Trust Company is a smaller bank specializing in Home Purchase and Cash Out Refi loans. United Citizens Bank & Trust Company has a high proportion of conventional loans. Their top (well, only) market is Louisville.United Citizens Bank & Trust Company 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
36Origination Dollar Volume (All Markets)
$3,060,000Employee count
40Top 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 |
---|---|---|---|---|---|
LOUISVILLE, KY (FHA|USDA|VA) | 30 | $2,690,000 | $89,667 | $0 | 0.00% |
Outside of Metro Areas | 6 | $370,000 | $61,667 | $0 | 0.00% |
Product Mix
Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Conventional | 36 | $3,060,000 | $85,000 | $0 | 0.00% |
For 2019, United Citizens Bank & Trust Company's most frequently originated type of loan was Conventional, with 36 originations.
Loan Reason
For 2019, United Citizens Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 19 originations. The 2nd most popular reason was Cash Out Refi, with 8 originations.
Loan Duration/Length
Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Other | 36 | $3,060,000 | $85,000 | $0 | 0.00% |
For 2019, United Citizens Bank & Trust Company's most frequently cited loan duration was Other, with 36 originations.
Loan Sizing
2019 saw United Citizens Bank & Trust Company place emphasis on $100,000 or less loans with 28 originations, totaling $1,650,000 in origination value.
Applicant Income
United Citizens Bank & Trust Company lent most frequently to those with incomes in the $50k or less range, with 10 originations. The second most popular income band? $50k-75k, with 8 originations.
Applicant Debt to Income Ratio
DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Exempt% | 36 | $3,060,000 | $85,000 | $0 | 0.00% |
United Citizens Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 36 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.45%
United Citizens Bank & Trust Company has an average approval rate.
Pick Rate
Approvals leading to origination63.89%
United Citizens Bank & Trust Company has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
Exempt | 36 | $3,060,000 | $85,000 |
Occupancy Type Mix
Complaints
Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
---|---|---|---|---|
UNITED COMMUNITY BANK | Conventional home mortgage | Struggling to pay mortgage | 1 | 100.0% |
Bank Details
Branches
Bank Name | Branch | Branch Type | Deposits (000's) |
---|---|---|---|
United Citizens Bank & Trust Company | 25 South Main Street New Castle, KY 40050 | Full Service B&M | $29,472 |
United Citizens Bank & Trust Company | 503 Highland Avenue Carrollton, KY 41008 | Full Service B&M | $5,499 |
United Citizens Bank & Trust Company | 5364 South Main Street Eminence, KY 40019 | Full Service B&M | $5,210 |
United Citizens Bank & Trust Company | 7962 Lagrange Road Smithfield, KY 40068 | Full Service B&M | $15,223 |
United Citizens Bank & Trust Company | 8198 Main Street Campbellsburg, KY 40011 | Full Service B&M | $35,114 |
For 2019, United Citizens Bank & Trust Company had 5 branches.
Yearly Performance Overview
Bank Income
Item | Value (in 000's) |
---|---|
Total interest income | $5,176 |
Net interest income | $4,658 |
Total noninterest income | $569 |
Gross Fiduciary activities income | $0 |
Service charges on deposit accounts | $222 |
Trading account gains and fees | $0 |
Additional Noninterest Income | $347 |
Pre-tax net operating income | $1,877 |
Securities gains (or losses, -) | $0 |
Income before extraordinary items | $1,528 |
Discontinued Operations (Extraordinary gains, net) | $0 |
Net income of bank and minority interests | $1,528 |
Minority interest net income | $0 |
Net income | $1,528 |
Sale, conversion, retirement of capital stock, net | $0 |
Net operating income | $1,528 |
United Citizens Bank & Trust Company's gross interest income from loans was $5,176,000.
United Citizens Bank & Trust Company's net interest income from loans was $4,658,000.
United Citizens Bank & Trust Company's fee based income from loans was $222,000.
United Citizens Bank & Trust Company's net income from loans was $1,528,000.
Bank Expenses
Item | Value (in 000's) |
---|---|
Total interest expense | $518 |
Provision for credit losses | $60 |
Total noninterest expense | $3,290 |
Salaries and employee benefits | $1,966 |
Premises and equipment expense | $331 |
Additional noninterest expense | $993 |
Applicable income taxes | $349 |
Net charge-offs | $-1 |
Cash dividends | $685 |
United Citizens Bank & Trust Company's interest expense for loans was $518,000.
United Citizens Bank & Trust Company's payroll and benefits expense were $1,966,000.
United Citizens Bank & Trust Company's property, plant and equipment expenses $331,000.
Loan Performance
Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
---|---|
All loans | 1.0% |
Real Estate loans | 1.0% |
Construction & Land Development loans | 0.0% |
Nonfarm, nonresidential loans | 0.0% |
Multifamily residential loans | 0.0% |
1-4 family residential loans | 1.0% |
HELOC loans | 0.0% |
All other family | 1.0% |
Commercial & industrial loans | 0.0% |
Personal loans | 3.0% |
Credit card loans | 0.0% |
Other individual loans | 3.0% |
Auto loans | 5.0% |
Other consumer loans | 2.0% |
Unsecured commercial real estate loans | 0.0% |
Deposits
Type | Value (in 000's) |
---|---|
Total deposits | $90,421 |
Deposits held in domestic offices | $90,421 |
Deposits by Individuals, partnerships, and corporations | $79,845 |
Deposits by U.S. Government | $0 |
Deposits by States and political subdivisions in the U.S. | $10,576 |
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 | $46,825 |
Demand deposits | $27,808 |
Nontransaction accounts | $43,596 |
Money market deposit accounts (MMDAs) | $5,523 |
Other savings deposits (excluding MMDAs) | $17,394 |
Total time deposits | $20,678 |
Total time and savings deposits | $62,613 |
Noninterest-bearing deposits | $27,865 |
Interest-bearing deposits | $62,556 |
Retail deposits | $89,000 |
IRAs and Keogh plan accounts | $3,593 |
Brokered deposits | $0 |
Deposits held in foreign offices | $0 |
Assets
Asset | Value (in 000's) |
---|---|
Total Assets | $111,825 |
Cash & Balances due from depository institutions | $9,183 |
Interest-bearing balances | $7,500 |
Total securities | $17,121 |
Federal funds sold & reverse repurchase | $7,783 |
Net loans and leases | $74,489 |
Loan and leases loss allowance | $922 |
Trading account assets | $0 |
Bank premises and fixed assets | $1,147 |
Other real estate owned | $0 |
Goodwill and other intangibles | $0 |
All other assets | $2,102 |
Liabilities
Liabilities | Value (in 000's) |
---|---|
Total liabilities and capital | $111,825 |
Total Liabilities | $97,445 |
Total deposits | $90,421 |
Interest-bearing deposits | $62,556 |
Deposits held in domestic offices | $90,421 |
% insured (estimated) | $94 |
Federal funds purchased and repurchase agreements | $0 |
Trading liabilities | $0 |
Other borrowed funds | $6,641 |
Subordinated debt | $0 |
All other liabilities | $383 |
Issued Loan Types
Type | Value (in 000's) |
---|---|
Net loans and leases | $74,489 |
Loan and leases loss allowance | $922 |
Total loans and leases (domestic) | $75,411 |
All real estate loans | $68,623 |
Real estate loans in domestic offices | $68,623 |
Construction and development loans | $5,443 |
Residential 1-4 family construction | $3,356 |
Other construction, all land development and other land | $2,087 |
Loans secured by nonfarm nonresidential properties | $13,281 |
Nonfarm nonresidential secured by owner-occupied properties | $10,453 |
Commercial real estate & other non-farm, non-residential | $2,828 |
Multifamily residential real estate | $2,241 |
1-4 family residential loans | $28,579 |
Farmland loans | $19,079 |
Loans held in foreign offices | $0 |
Farm loans | $1,794 |
Commercial and industrial loans | $1,982 |
To non-U.S. addressees | $0 |
Loans to individuals | $1,886 |
Credit card loans | $0 |
Related Plans | $0 |
Consumer Auto Loans | $704 |
Other loans to individuals | $1,182 |
All other loans & leases | $1,126 |
Loans to foreign governments and official institutions | $0 |
Other loans | $125 |
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 | $2,903 |
Non 1-4 family restructured loans & leases | $2,768 |
Total loans and leases (foreign) | $0 |
United Citizens Bank & Trust Company had $74,489,000 of loans outstanding in 2019. $68,623,000 of loans were in real estate loans. $5,443,000 of loans were in development loans. $2,241,000 of loans were in multifamily mortgage loans. $28,579,000 of loans were in 1-4 family mortgage loans. $1,794,000 of loans were in farm loans. $0 of loans were in credit card loans. $704,000 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 | 57 | $8,555 | $150,088 |
Nonfarm, nonresidential loans - <$100k | 23 | $720 | $31,304 |
Nonfarm, nonresidential loans - $100-250k | 20 | $2,724 | $136,200 |
Nonfarm, nonresidential loans - $250k-1MM | 14 | $5,111 | $365,071 |
Commercial & Industrial, US addressed loans - <$1MM | 58 | $1,981 | $34,155 |
Commercial & Industrial, US addressed loans - <$100k | 52 | $1,306 | $25,115 |
Commercial & Industrial, US addressed loans - $100-250k | 4 | $384 | $96,000 |
Commercial & Industrial, US addressed loans - $250k-1MM | 2 | $291 | $145,500 |
Farmland loans - <$1MM | 148 | $14,331 | $96,831 |
Farmland loans - <$100k | 77 | $2,591 | $33,649 |
Farmland loans - $100-250k | 55 | $7,278 | $132,327 |
Farmland loans - $250k-1MM | 16 | $4,462 | $278,875 |
Agriculture operations loans - <$1MM | 94 | $1,794 | $19,085 |
Agriculture operations loans - <$100k | 89 | $1,263 | $14,191 |
Agriculture operations loans - $100-250k | 5 | $531 | $106,200 |