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

Crete, NE

LEI: 549300OUJRW41FX1L002

Tax ID: 47-0126890

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 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 a low ratio of USDA loans. Their top markets by origination volume include: Lincoln, Omaha, Kearney, Des Moines, and Columbus among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

City Bank & Trust Co. 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

172

Origination Dollar Volume (All Markets)

$38,360,000

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)	113	$26,795,000	$237,124	$0	0.00%
Outside of Metro Areas	47	$9,235,000	$196,489	$0	0.00%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA\|USDA\|VA)	4	$1,270,000	$317,500	$0	0.00%
Kearney, NE (FHA\|USDA\|VA)	2	$320,000	$160,000	$0	0.00%
DES MOINES-WEST DES MOINES, IA (FHA\|USDA\|VA)	1	$315,000	$315,000	$0	0.00%
Columbus, NE (FHA\|USDA\|VA)	1	$245,000	$245,000	$0	0.00%
Beatrice, NE (FHA\|USDA\|VA)	4	$180,000	$45,000	$0	0.00%

City Bank & Trust Co.'s top markets include Lincoln, Omaha, Kearney, Des Moines, and Columbus among others.

Their top states include:

Nebraska (FHA|USDA|VA)

(FHA|USDA|VA)

Iowa (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	157	$34,145,000	$217,484	$0	0.00%
VA	8	$2,860,000	$357,500	$0	0.00%
USDA	7	$1,355,000	$193,571	$0	0.00%

For 2024, City Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 157 originations. Their 2nd most popular type was VA, with 8 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	129	$29,755,000	$230,659	$0	0.00%
Refi	21	$5,235,000	$249,286	$0	0.00%
Home Improvement	9	$575,000	$63,889	$0	0.00%
Other	7	$1,055,000	$150,714	$0	0.00%
Cash Out Refi	6	$1,740,000	$290,000	$0	0.00%

For 2024, City Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 129 originations. The 2nd most popular reason was Refi, with 21 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	172	$38,360,000	$223,023	$0	0.00%

For 2024, City Bank & Trust Co.'s most frequently cited loan duration was Other, with 172 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	68	$18,550,000	$272,794	$0	0.00%
$100k-200k	61	$9,245,000	$151,557	$0	0.00%
$100,000 or less	26	$1,520,000	$58,462	$0	0.00%
$400k-600k	14	$7,030,000	$502,143	$0	0.00%
$600k-1MM	3	$2,015,000	$671,667	$0	0.00%

2024 saw City Bank & Trust Co. place emphasis on $200k-400k loans with 68 originations, totaling $18,550,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k-75k	41	$6,435,000	$156,951	$0	0.00%
$100k-150k	37	$8,285,000	$223,919	$0	0.00%
$75k-100k	34	$7,780,000	$228,824	$0	0.00%
$250k+	19	$5,725,000	$301,316	$0	0.00%
$150k-250k	18	$5,660,000	$314,444	$0	0.00%
$50k or less	12	$1,500,000	$125,000	$0	0.00%

City Bank & Trust Co. lent most frequently to those with incomes in the $50k-75k range, with 41 originations. The second most popular income band? $100k-150k, with 37 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	172	$38,360,000	$223,023	$0	0.00%

City Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 172 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	133	$30,465,000	$229,060	$0	0.00%
Not provided	21	$3,705,000	$176,429	$0	0.00%
Not applicable	10	$2,460,000	$246,000	$0	0.00%
Black	2	$640,000	$320,000	$0	0.00%
American Indian	3	$535,000	$178,333	$0	0.00%
Chinese	1	$305,000	$305,000	$0	0.00%
Asian	2	$250,000	$125,000	$0	0.00%

Approval Rates

Total approvals of all applications
83.14%

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

Pick Rate

Approvals leading to origination
75.00%

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

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	172	$38,360,000	$223,023

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	172	$38,360,000	$223,023