United Citizens Bank & Trust Company Mortgage Rates, Fees & Info
Campbellsburg, KYLEI: 549300MIICHJBUDK6R97
Tax ID: 61-0888526
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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 markets by origination volume include: Louisville, Frankfort, and Maysville among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)United Citizens Bank & Trust Company 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
70Origination Dollar Volume (All Markets)
$14,550,000Employee count
46Top 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) | 58 | $12,890,000 | $222,241 | $0 | 0.00% |
| Outside of Metro Areas | 9 | $1,155,000 | $128,333 | $0 | 0.00% |
| Frankfort, KY (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $0 | 0.00% |
| Maysville, KY (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 70 | $14,550,000 | $207,857 | $0 | 0.00% |
For 2021, United Citizens Bank & Trust Company's most frequently originated type of loan was Conventional, with 70 originations.
Loan Reason
For 2021, United Citizens Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 32 originations. The 2nd most popular reason was Cash Out Refi, with 24 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 70 | $14,550,000 | $207,857 | $0 | 0.00% |
For 2021, United Citizens Bank & Trust Company's most frequently cited loan duration was Other, with 70 originations.
Loan Sizing
2021 saw United Citizens Bank & Trust Company place emphasis on $100,000 or less loans with 24 originations, totaling $1,500,000 in origination value.
Applicant Income
United Citizens Bank & Trust Company lent most frequently to those with incomes in the $100k-150k range, with 10 originations. The second most popular income band? $250k+, with 7 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 70 | $14,550,000 | $207,857 | $0 | 0.00% |
United Citizens Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 70 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.66%
United Citizens Bank & Trust Company has an average approval rate.
Pick Rate
Approvals leading to origination88.57%
United Citizens Bank & Trust Company has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 70 | $14,550,000 | $207,857 |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| UNITED COMMUNITY BANK | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 20.0% |
| UNITED COMMUNITY BANK | Home equity loan or line of credit (HELOC) | Trouble during payment process | 1 | 20.0% |
| UNITED COMMUNITY BANK | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 20.0% |
| UNITED COMMUNITY BANK | Other type of mortgage | Trouble during payment process | 1 | 20.0% |
| UNITED COMMUNITY BANK | Conventional home mortgage | Trouble during payment process | 1 | 20.0% |
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 | $40,241 |
| United Citizens Bank & Trust Company | 4727 W Highway 146 Buckner, KY 40010 | Full Service B&M | $2,189 |
| United Citizens Bank & Trust Company | 503 Highland Avenue Carrollton, KY 41008 | Full Service B&M | $7,132 |
| United Citizens Bank & Trust Company | 5364 South Main Street Eminence, KY 40019 | Full Service B&M | $9,691 |
| United Citizens Bank & Trust Company | 7962 Lagrange Road Smithfield, KY 40068 | Full Service B&M | $22,486 |
| United Citizens Bank & Trust Company | 8198 Main Street Campbellsburg, KY 40011 | Full Service B&M | $41,725 |
For 2021, United Citizens Bank & Trust Company had 6 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $6,188 |
| Net interest income | $5,847 |
| Total noninterest income | $549 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $144 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $405 |
| Pre-tax net operating income | $1,667 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $1,284 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $1,284 |
| Minority interest net income | $0 |
| Net income | $1,284 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $1,284 |
United Citizens Bank & Trust Company's gross interest income from loans was $6,188,000.
United Citizens Bank & Trust Company's net interest income from loans was $5,847,000.
United Citizens Bank & Trust Company's fee based income from loans was $144,000.
United Citizens Bank & Trust Company's net income from loans was $1,284,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $341 |
| Provision for credit losses | $119 |
| Total noninterest expense | $4,610 |
| Salaries and employee benefits | $2,621 |
| Premises and equipment expense | $417 |
| Additional noninterest expense | $1,572 |
| Applicable income taxes | $383 |
| Net charge-offs | $17 |
| Cash dividends | $675 |
United Citizens Bank & Trust Company's interest expense for loans was $341,000.
United Citizens Bank & Trust Company's payroll and benefits expense were $2,621,000.
United Citizens Bank & Trust Company's property, plant and equipment expenses $417,000.
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 | 8.0% |
| 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 | 3.0% |
| Credit card loans | 0.0% |
| Other individual loans | 3.0% |
| Auto loans | 4.0% |
| Other consumer loans | 2.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $140,599 |
| Deposits held in domestic offices | $140,599 |
| Deposits by Individuals, partnerships, and corporations | $120,991 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $19,608 |
| 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 | $74,467 |
| Demand deposits | $46,714 |
| Nontransaction accounts | $66,132 |
| Money market deposit accounts (MMDAs) | $25,880 |
| Other savings deposits (excluding MMDAs) | $22,455 |
| Total time deposits | $17,796 |
| Total time and savings deposits | $93,885 |
| Noninterest-bearing deposits | $46,770 |
| Interest-bearing deposits | $93,829 |
| Retail deposits | $139,833 |
| IRAs and Keogh plan accounts | $3,746 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $156,505 |
| Cash & Balances due from depository institutions | $8,976 |
| Interest-bearing balances | $6,875 |
| Total securities | $31,668 |
| Federal funds sold & reverse repurchase | $7,426 |
| Net loans and leases | $104,773 |
| Loan and leases loss allowance | $1,045 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $1,331 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $2,331 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $156,505 |
| Total Liabilities | $140,937 |
| Total deposits | $140,599 |
| Interest-bearing deposits | $93,829 |
| Deposits held in domestic offices | $140,599 |
| % insured (estimated) | $86 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $338 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $104,773 |
| Loan and leases loss allowance | $1,045 |
| Total loans and leases (domestic) | $105,818 |
| All real estate loans | $96,941 |
| Real estate loans in domestic offices | $96,941 |
| Construction and development loans | $10,991 |
| Residential 1-4 family construction | $6,686 |
| Other construction, all land development and other land | $4,305 |
| Loans secured by nonfarm nonresidential properties | $16,759 |
| Nonfarm nonresidential secured by owner-occupied properties | $12,144 |
| Commercial real estate & other non-farm, non-residential | $4,615 |
| Multifamily residential real estate | $5,955 |
| 1-4 family residential loans | $40,832 |
| Farmland loans | $22,404 |
| Loans held in foreign offices | $0 |
| Farm loans | $1,602 |
| Commercial and industrial loans | $3,256 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $1,583 |
| Credit card loans | $0 |
| Related Plans | $0 |
| Consumer Auto Loans | $692 |
| Other loans to individuals | $891 |
| All other loans & leases | $2,436 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $1,606 |
| 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 | $155 |
| Non 1-4 family restructured loans & leases | $155 |
| Total loans and leases (foreign) | $0 |
United Citizens Bank & Trust Company had $104,773,000 of loans outstanding in 2021. $96,941,000 of loans were in real estate loans. $10,991,000 of loans were in development loans. $5,955,000 of loans were in multifamily mortgage loans. $40,832,000 of loans were in 1-4 family mortgage loans. $1,602,000 of loans were in farm loans. $0 of loans were in credit card loans. $692,000 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 | 49 | $10,068 | $205,469 |
| Nonfarm, nonresidential loans - <$100k | 15 | $602 | $40,133 |
| Nonfarm, nonresidential loans - $100-250k | 20 | $2,760 | $138,000 |
| Nonfarm, nonresidential loans - $250k-1MM | 14 | $6,706 | $479,000 |
| Commercial & Industrial, US addressed loans - <$1MM | 114 | $3,256 | $28,561 |
| Commercial & Industrial, US addressed loans - <$100k | 100 | $1,730 | $17,300 |
| Commercial & Industrial, US addressed loans - $100-250k | 12 | $1,145 | $95,417 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 2 | $381 | $190,500 |
| Farmland loans - <$1MM | 143 | $17,362 | $121,413 |
| Farmland loans - <$100k | 56 | $1,952 | $34,857 |
| Farmland loans - $100-250k | 64 | $9,200 | $143,750 |
| Farmland loans - $250k-1MM | 23 | $6,210 | $270,000 |
| Agriculture operations loans - <$1MM | 96 | $1,602 | $16,688 |
| Agriculture operations loans - <$100k | 94 | $1,493 | $15,883 |
| Agriculture operations loans - $100-250k | 2 | $109 | $54,500 |