City Bank & Trust Co. Mortgage Rates, Fees & Info

Crete, NE

LEI: 549300OUJRW41FX1L002

Tax ID: 47-0126890

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

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Mortgage Data

Review & Overview

City Bank & Trust Co. is a smaller bank specializing in Home Purchase loans. City Bank & Trust Co. has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Lincoln, Omaha, Beatrice, Columbus, and Washington among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

City Bank & Trust Co. 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

186

Origination Dollar Volume (All Markets)

$47,660,000

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
LINCOLN, NE (FHA|USDA|VA) 129 $30,335,000 $235,155 $0 0.00%
Outside of Metro Areas 34 $8,160,000 $240,000 $0 0.00%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 11 $6,265,000 $569,545 $0 0.00%
Beatrice, NE (FHA|USDA|VA) 6 $1,420,000 $236,667 $0 0.00%
Columbus, NE (FHA|USDA|VA) 2 $490,000 $245,000 $0 0.00%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $425,000 $425,000 $0 0.00%
GRAND ISLAND, NE (FHA|USDA|VA) 2 $360,000 $180,000 $0 0.00%
North Platte, NE (FHA|USDA|VA) 1 $205,000 $205,000 $0 0.00%
City Bank & Trust Co.'s top markets include Lincoln, Omaha, Beatrice, Columbus, and Washington among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 156 $40,420,000 $259,103 $0 0.00%
    FHA 16 $3,870,000 $241,875 $0 0.00%
    USDA 8 $1,370,000 $171,250 $0 0.00%
    VA 6 $2,000,000 $333,333 $0 0.00%

    For 2023, City Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 156 originations. Their 2nd most popular type was FHA, with 16 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 149 $39,625,000 $265,940 $0 0.00%
    Refi 17 $4,785,000 $281,471 $0 0.00%
    Home Improvement 11 $1,665,000 $151,364 $0 0.00%
    Cash Out Refi 5 $1,215,000 $243,000 $0 0.00%
    Other 4 $370,000 $92,500 $0 0.00%

    For 2023, City Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 149 originations. The 2nd most popular reason was Refi, with 17 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 186 $47,660,000 $256,237 $0 0.00%

    For 2023, City Bank & Trust Co.'s most frequently cited loan duration was Other, with 186 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 82 $22,090,000 $269,390 $0 0.00%
    $100k-200k 58 $8,830,000 $152,241 $0 0.00%
    $100,000 or less 20 $1,200,000 $60,000 $0 0.00%
    $400k-600k 16 $7,300,000 $456,250 $0 0.00%
    $600k-1MM 9 $6,015,000 $668,333 $0 0.00%
    $1MM+ 1 $2,225,000 $2,225,000 $0 0.00%

    2023 saw City Bank & Trust Co. place emphasis on $200k-400k loans with 82 originations, totaling $22,090,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 46 $12,700,000 $276,087 $0 0.00%
    $50k-75k 34 $5,810,000 $170,882 $0 0.00%
    $75k-100k 33 $7,605,000 $230,455 $0 0.00%
    $150k-250k 26 $8,260,000 $317,692 $0 0.00%
    $50k or less 19 $2,555,000 $134,474 $0 0.00%
    $250k+ 12 $7,010,000 $584,167 $0 0.00%

    City Bank & Trust Co. lent most frequently to those with incomes in the $100k-150k range, with 46 originations. The second most popular income band? $50k-75k, with 34 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 186 $47,660,000 $256,237 $0 0.00%

    City Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 186 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 149 $38,865,000 $260,839 $0 0.00%
    Not provided 16 $3,970,000 $248,125 $0 0.00%
    Not applicable 16 $3,720,000 $232,500 $0 0.00%
    Asian 3 $765,000 $255,000 $0 0.00%
    Black 2 $340,000 $170,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    96.90%

    City Bank & Trust Co. 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
    82.80%

    City Bank & Trust Co. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 186 $47,660,000 $256,237

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    186 $47,660,000 $256,237