Community National Bank & Trust Mortgage Rates, Fees & Info

Chanute, KS

LEI: 549300MUMD1WPCSXT518

Tax ID: 48-1038713

5 stars - out of 5 stars, based on 33 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Community National Bank & Trust is a smaller bank specializing in Home Purchase and Refi loans. Community National Bank & Trust has a high proportion of conventional loans. Their top markets include Wichita, Pittsburg, Winfield, Coffeyville, and Emporia among others. Community National Bank & Trust has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Community National Bank & Trust is typically a low fee lendor.


Originations

1,072

Origination Dollar Volume (All Markets)

$137,950,000

Employee count

461 Show all (5) awards

Relative Rate

Community National Bank & Trust's average 30 year fixed rate mortgage of loans were 3.58%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of 0.43%.

Relative Fees

Community National Bank & Trust's average total fees for a 30 year fixed rate mortgage are $2,300.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Outside of Metro Areas 401 $44,435,000 $110,810 $1,687 4.04%
WICHITA, KS (FHA|USDA|VA) 218 $28,650,000 $131,422 $2,157 4.36%
Pittsburg, KS (FHA|USDA|VA) 96 $11,740,000 $122,292 $2,550 3.76%
Winfield, KS (FHA|USDA|VA) 100 $11,710,000 $117,100 $2,165 4.33%
Coffeyville, KS (FHA|USDA|VA) 84 $7,700,000 $91,667 $2,482 4.20%
Emporia, KS (FHA|USDA|VA) 29 $6,165,000 $212,586 $2,184 3.65%
JOPLIN, MO (FHA|USDA|VA) 27 $5,455,000 $202,037 $2,758 4.08%
Ponca City, OK (FHA|USDA|VA) 36 $4,240,000 $117,778 $3,949 4.39%
KANSAS CITY, MO-KS (FHA|USDA|VA) 15 $3,025,000 $201,667 $2,213 3.85%
Parsons, KS (FHA|USDA|VA) 22 $2,380,000 $108,182 $2,017 3.89%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $2,060,000 $1,030,000 $7,865 3.75%
Warrensburg, MO (FHA|USDA|VA) 3 $1,045,000 $348,333 $0 4.53%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $1,045,000 $1,045,000 $3,863 4.50%
Bartlesville, OK (FHA|USDA|VA) 4 $1,020,000 $255,000 $9,793 4.43%
Ottawa, KS (FHA|USDA|VA) 2 $820,000 $410,000 $2,127 4.46%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $785,000 $785,000 $6,467 4.50%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $560,000 $280,000 $0 4.90%
MANHATTAN, KS (FHA|USDA|VA) 1 $545,000 $545,000 $5,028 3.00%
Sedalia, MO (FHA|USDA|VA) 3 $505,000 $168,333 $1,635 3.25%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $435,000 $435,000 $3,480 2.88%
TOPEKA, KS (FHA|USDA|VA) 1 $405,000 $405,000 $2,852 2.25%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $400,000 $200,000 $3,089 3.55%
Stillwater, OK (FHA|USDA|VA) 1 $355,000 $355,000 $4,910 2.88%
TULSA, OK (FHA|USDA|VA) 3 $345,000 $115,000 $3,740 3.25%
Hutchinson, KS (FHA|USDA|VA) 4 $330,000 $82,500 $2,022 3.89%
MANSFIELD, OH (FHA|USDA|VA) 1 $295,000 $295,000 $3,051 2.25%
SPRINGFIELD, MO (FHA|USDA|VA) 3 $285,000 $95,000 $1,067 3.79%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $285,000 $285,000 $0 4.50%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $255,000 $255,000 $0 4.85%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 1 $165,000 $165,000 $0 4.50%
JEFFERSON CITY, MO (FHA|USDA|VA) 1 $115,000 $115,000 $1,985 3.13%
Harrison, AR (FHA|USDA|VA) 1 $115,000 $115,000 $1,875 2.88%
West Plains, MO (FHA|USDA|VA) 1 $95,000 $95,000 $1,929 3.13%
McPherson, KS (FHA|USDA|VA) 1 $65,000 $65,000 $0 4.00%
Great Bend, KS (FHA|USDA|VA) 1 $65,000 $65,000 $2,350 2.88%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $55,000 $55,000 $181 4.38%

Community National Bank & Trust's top markets include Wichita, Pittsburg, Winfield, Coffeyville, and Emporia among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 1,072 $137,950,000 $128,685 $2,108 4.11%

For the 2021 period, Community National Bank & Trust's most frequently originated loan type of loans were Conventional, with 1,072 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 522 $71,330,000 $136,648 $2,384 4.28%
Refi 329 $37,435,000 $113,784 $1,644 4.21%
Cash Out Refi 186 $26,520,000 $142,581 $2,232 3.33%
Home Improvement 26 $1,680,000 $64,615 $1,276 4.91%
Other 9 $985,000 $109,444 $1,384 4.15%

For the 2021, Community National Bank & Trust's most frequently cited loan purpose of loans were Home Purchase, with 522 originations. The 2nd most popular reason of loans were Refi, with 329 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 343 $54,525,000 $158,965 $2,300 3.58%
15 Year 240 $25,490,000 $106,208 $2,199 3.69%
20 Year 176 $20,540,000 $116,705 $2,142 4.14%
5 Year 94 $12,490,000 $132,872 $292 5.13%
Other 88 $8,110,000 $92,159 $285 4.87%
10 Year 76 $8,130,000 $106,974 $1,208 4.88%
1 Year 44 $7,250,000 $164,773 $3,240 4.93%
3 Year 11 $1,415,000 $128,636 $0 5.71%

For the 2021, Community National Bank & Trust's most frequently cited loan length of loans were 30 Year, with 343 originations. The 2nd most popular length of loans were 15 Year, with 240 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 555 $75,015,000 $135,162
$1k-2k 35 $6,495,000 $185,571
$2k-3k 16 $2,610,000 $163,125
$3k-4k 5 $1,565,000 $313,000
$5k+ 1 $275,000 $275,000

$2,300 of loans were Community National Bank & Trust's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 555 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
4-5% 468 $53,950,000 $115,278
2.5-3% 199 $35,245,000 $177,111
5-6% 150 $9,190,000 $61,267
3-4% 118 $22,610,000 $191,610
<2.5% 106 $14,940,000 $140,943
6-7% 26 $1,490,000 $57,308
7-8% 4 $470,000 $117,500

During 2021, Community National Bank & Trust's average interest rate of loans were 3.58%, while their most frequently originated rate bucket of loans were 4-5%, with 468 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100,000 or less 581 $30,915,000 $53,210 $1,466 4.53%
$100k-200k 297 $42,315,000 $142,475 $2,381 3.60%
$200k-400k 159 $42,475,000 $267,138 $2,858 3.53%
$400k-600k 23 $10,915,000 $474,565 $3,753 3.84%
$600k-1MM 7 $5,145,000 $735,000 $3,899 4.64%
$1MM+ 5 $6,185,000 $1,237,000 $7,303 4.10%

2021 saw Community National Bank & Trust place emphasis on $100,000 or less loans with 581 originations, totaling $30,915,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k or less 242 $16,610,000 $68,636 $1,325 4.51%
$50k-75k 201 $19,855,000 $98,781 $1,927 4.05%
$100k-150k 169 $24,845,000 $147,012 $2,641 3.66%
$75k-100k 127 $16,405,000 $129,173 $2,369 3.64%
$150k-250k 91 $17,555,000 $192,912 $2,653 3.61%
$250k+ 22 $7,730,000 $351,364 $3,119 3.77%

Community National Bank & Trust lent most frequently to those with incomes in the $50k or less range, with 242 originations. The second most popular income band? $50k-75k, with 201 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 193 $25,265,000 $130,907 $2,178 3.32%
<20% 142 $16,400,000 $115,493 $2,002 3.62%
30-36% 124 $18,890,000 $152,339 $2,386 3.41%
36% 29 $3,595,000 $123,966 $2,070 3.55%
37% 26 $4,450,000 $171,154 $2,476 3.08%
>60% 19 $3,815,000 $200,789 $806 4.52%
38% 19 $2,455,000 $129,211 $1,995 3.30%
39% 18 $2,780,000 $154,444 $2,471 3.57%
40% 13 $2,405,000 $185,000 $2,271 3.62%
41% 11 $865,000 $78,636 $1,274 4.61%
50-60% 10 $1,730,000 $173,000 $1,531 4.69%
42% 8 $810,000 $101,250 $1,936 3.80%
46% 4 $270,000 $67,500 $1,487 4.38%
43% 4 $330,000 $82,500 $984 4.25%
44% 3 $155,000 $51,667 $774 5.58%
49% 2 $120,000 $60,000 $650 4.25%
45% 1 $25,000 $25,000 $1,159 4.25%
47% 1 $1,505,000 $1,505,000 $10,743 3.75%

Community National Bank & Trust lent most frequently to those with DTI ratios of 20-30%, with 193 originations. The next most common DTI ratio? <20%, with 142 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 859 $105,565,000 $122,893 $2,076 4.01%
Not applicable 159 $25,855,000 $162,610 $0 4.75%
Not provided 30 $4,080,000 $136,000 $2,505 3.45%
American Indian 16 $1,880,000 $117,500 $2,654 4.08%
Asian 5 $495,000 $99,000 $2,707 3.88%
Other Asian 1 $55,000 $55,000 $2,379 2.88%
Black 2 $20,000 $10,000 $0 5.00%

Approval Rates

Total approvals of all applications
91.13%

Community National Bank & Trust has an average approval rate.

Pick Rate

Approvals leading to origination
78.63%

Community National Bank & Trust has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
104.0 11 $355,000 $32,273
204.0 1 $35,000 $35,000
NA 1,060 $137,560,000 $129,774

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
1,072 $137,950,000 $128,685

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 126 $10,730,000 $85,159 $1,300 4.41%
40-60% 202 $25,600,000 $126,733 $1,951 4.19%
60-80% 468 $63,770,000 $136,261 $2,207 4.05%
80-100% 233 $35,395,000 $151,910 $2,463 3.81%
Over 100% 1 $105,000 $105,000 $0 4.95%
Under 20% 42 $2,350,000 $55,952 $438 5.09%

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 National Bank & Trust 1109 Gulf Street Lamar, MO 64759 Full Service B&M $47,719
Community National Bank & Trust 100 Delaware Edna, KS 67342 Full Service B&M $42,811
Community National Bank & Trust 102 North 4th Neodesha, KS 66757 Full Service B&M $31,947
Community National Bank & Trust 207 North Washington Burns, KS 66840 Full Service B&M $6,656
Community National Bank & Trust 2813 The Loop Carthage, MO 64836 Full Service B&M $19,439
Community National Bank & Trust 2815 West Central El Dorado, KS 67042 Limited, Drive-thru $0
Community National Bank & Trust 301 North Main Street El Dorado, KS 67042 Full Service B&M $81,924
Community National Bank & Trust 301 South Main Street Newkirk, OK 74647 Full Service B&M $5,511
Community National Bank & Trust 330 North 16th St Parsons, KS 67357 Full Service B&M $24,699
Community National Bank & Trust 333 West Main Cherryvale, KS 67335 Full Service B&M $31,803
Community National Bank & Trust 401 East Centennial Pittsburg, KS 66762 Full Service B&M $81,030
Community National Bank & Trust 401 East South Street Arma, KS 66712 Full Service B&M $17,961
Community National Bank & Trust 401 North Main Eureka, KS 67045 Full Service B&M $47,900
Community National Bank & Trust 4097 Parkview Drive Frontenac, KS 66763 Full Service B&M $29,520
Community National Bank & Trust 500 North Summit Street Arkansas City, KS 67005 Full Service B&M $27,271
Community National Bank & Trust 501 West 4th Caney, KS 67333 Full Service B&M $36,480
Community National Bank & Trust 601 C Street Golden City, MO 64748 Full Service B&M $2,733
Community National Bank & Trust 606 East St. John Girard, KS 66743 Full Service B&M $37,483
Community National Bank & Trust 645 State Street Augusta, KS 67010 Full Service B&M $31,010
Community National Bank & Trust 701 Merchant St Emporia, KS 66801 Full Service B&M $0
Community National Bank & Trust 709 E Prospect Ave Ponca City, OK 74601 Full Service B&M $64,632
Community National Bank & Trust 724 East Highway 54 El Dorado Springs, MO 64744 Full Service B&M $22,240
Community National Bank & Trust 733 Madison Fredonia, KS 66736 Full Service B&M $22,887
Community National Bank & Trust 901 W 11th Coffeyville, KS 67337 Full Service B&M $47,742
Community National Bank & Trust Eighth And Osage Streets Humboldt, KS 66748 Full Service B&M $55,653
Community National Bank & Trust Main And Highway 65 Lincoln, MO 65338 Full Service B&M $81,707
Community National Bank & Trust 1112 Main Street Winfield, KS 67156 Full Service B&M $85,531
Community National Bank & Trust 115 East First Chanute, KS 66720 Limited, Drive-thru $0
Community National Bank & Trust 120 East Madison Iola, KS 66749 Full Service B&M $82,781
Community National Bank & Trust 124 North Penn Independence, KS 67301 Limited, Drive-thru $0
Community National Bank & Trust 125 N. Penn Independence, KS 67301 Full Service B&M $154,109
Community National Bank & Trust 127 North Main Street Newton, KS 67114 Full Service B&M $28,943
Community National Bank & Trust 14 North Lincoln Avenue Chanute, KS 66720 Full Service B&M $111,489
Community National Bank & Trust 1440 Industrial Road Emporia, KS 66801 Full Service B&M $49,955
Community National Bank & Trust 14500 Sw 20th Street Benton, KS 67017 Full Service B&M $13,935
Community National Bank & Trust 1501 South Santa Fe Chanute, KS 66720 Limited, Drive-thru $0
Community National Bank & Trust 1625 Hedges Plaza Nevada, MO 64772 Full Service B&M $71,633
Community National Bank & Trust 1695 Hilltop Dr Warsaw, MO 65355 Full Service B&M $44,892

For 2021, Community National Bank & Trust had 38 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $66,119
Net interest income $59,384
Total noninterest income $14,644
Gross Fiduciary activities income $810
Service charges on deposit accounts $2,343
Trading account gains and fees $0
Additional Noninterest Income $11,491
Pre-tax net operating income $22,257
Securities gains (or losses, -) $1,149
Income before extraordinary items $18,387
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $18,387
Minority interest net income $0
Net income $18,387
Sale, conversion, retirement of capital stock, net $0
Net operating income $17,479

Community National Bank & Trust's gross interest income from loans was $66,119,000.
Community National Bank & Trust's net interest income from loans was $59,384,000.
Community National Bank & Trust's fee based income from loans was $2,343,000.
Community National Bank & Trust's net income from loans was $18,387,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $6,735
Provision for credit losses $1,100
Total noninterest expense $50,671
Salaries and employee benefits $27,028
Premises and equipment expense $7,217
Additional noninterest expense $16,426
Applicable income taxes $5,019
Net charge-offs $467
Cash dividends $1,000

Community National Bank & Trust's interest expense for loans was $6,735,000.
Community National Bank & Trust's payroll and benefits expense were $27,028,000.
Community National Bank & Trust's property, plant and equipment expenses $7,217,000.

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 2.0%
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 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 $1,633,301
Deposits held in domestic offices $1,633,301
Deposits by Individuals, partnerships, and corporations $1,430,470
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $200,332
Deposits by Commercial banks and other depository institutions in U.S. $2,499
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $890,103
Demand deposits $519,786
Nontransaction accounts $743,198
Money market deposit accounts (MMDAs) $166,620
Other savings deposits (excluding MMDAs) $266,405
Total time deposits $310,173
Total time and savings deposits $1,113,515
Noninterest-bearing deposits $368,215
Interest-bearing deposits $1,265,086
Retail deposits $1,586,518
IRAs and Keogh plan accounts $30,792
Brokered deposits $0
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $1,912,044
Cash & Balances due from depository institutions $183,992
Interest-bearing balances $154,007
Total securities $559,403
Federal funds sold & reverse repurchase $4,832
Net loans and leases $1,043,777
Loan and leases loss allowance $13,136
Trading account assets $0
Bank premises and fixed assets $44,991
Other real estate owned $1,573
Goodwill and other intangibles $22,268
All other assets $51,208

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $1,912,044
Total Liabilities $1,739,054
Total deposits $1,633,301
Interest-bearing deposits $1,265,086
Deposits held in domestic offices $1,633,301
% insured (estimated) $86
Federal funds purchased and repurchase agreements $74,142
Trading liabilities $0
Other borrowed funds $17,075
Subordinated debt $0
All other liabilities $14,536

Issued Loan Types

Type Value (in 000's)
Net loans and leases $1,043,777
Loan and leases loss allowance $13,136
Total loans and leases (domestic) $1,056,913
All real estate loans $737,429
Real estate loans in domestic offices $737,429
Construction and development loans $42,003
Residential 1-4 family construction $19,103
Other construction, all land development and other land $22,900
Loans secured by nonfarm nonresidential properties $256,922
Nonfarm nonresidential secured by owner-occupied properties $163,069
Commercial real estate & other non-farm, non-residential $93,853
Multifamily residential real estate $21,651
1-4 family residential loans $281,893
Farmland loans $134,960
Loans held in foreign offices $0
Farm loans $107,286
Commercial and industrial loans $139,893
To non-U.S. addressees $0
Loans to individuals $43,078
Credit card loans $1,991
Related Plans $427
Consumer Auto Loans $28,066
Other loans to individuals $12,594
All other loans & leases $29,227
Loans to foreign governments and official institutions $0
Other loans $2,229
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 $620
Non 1-4 family restructured loans & leases $620
Total loans and leases (foreign) $0

Community National Bank & Trust had $1,043,777,000 of loans outstanding in 2021. $737,429,000 of loans were in real estate loans. $42,003,000 of loans were in development loans. $21,651,000 of loans were in multifamily mortgage loans. $281,893,000 of loans were in 1-4 family mortgage loans. $107,286,000 of loans were in farm loans. $1,991,000 of loans were in credit card loans. $28,066,000 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 723 $126,702 $175,245
Nonfarm, nonresidential loans - <$100k 321 $12,605 $39,268
Nonfarm, nonresidential loans - $100-250k 171 $22,006 $128,690
Nonfarm, nonresidential loans - $250k-1MM 231 $92,091 $398,662
Commercial & Industrial, US addressed loans - <$1MM 1,682 $95,149 $56,569
Commercial & Industrial, US addressed loans - <$100k 1,345 $28,224 $20,984
Commercial & Industrial, US addressed loans - $100-250k 164 $15,162 $92,451
Commercial & Industrial, US addressed loans - $250k-1MM 173 $51,763 $299,208
Farmland loans - <$1MM 949 $83,024 $87,486
Farmland loans - <$100k 481 $17,183 $35,723
Farmland loans - $100-250k 335 $35,060 $104,657
Farmland loans - $250k-1MM 133 $30,781 $231,436
Agriculture operations loans - <$1MM 1,487 $56,031 $37,681
Agriculture operations loans - <$100k 1,284 $25,884 $20,159
Agriculture operations loans - $100-250k 140 $14,326 $102,329
Agriculture operations loans - $250k-1MM 63 $15,821 $251,127