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

Crete, NE

LEI: 549300OUJRW41FX1L002

Tax ID: 47-0126890

Latest/2023 | 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 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.

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

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