Citizens National Bank Of Texas Mortgage Rates, Fees & Info

Waxahachie, TX

LEI: 549300PV2KIL739QYQ35

Tax ID: 75-0187771

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Citizens National Bank Of Texas is a smaller bank specializing in Home Purchase loans. Citizens National Bank Of Texas has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Dallas, Stephenville, Mineral Wells, Houston, and Corsicana among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Citizens National Bank Of Texas 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.

    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.

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    Originations

    315

    Origination Dollar Volume (All Markets)

    $75,725,000

    Employee count

    174

    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
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 242 $52,230,000 $215,826 $0 0.00%
    Stephenville, TX (FHA|USDA|VA) 44 $9,980,000 $226,818 $0 0.00%
    Mineral Wells, TX (FHA|USDA|VA) 2 $7,210,000 $3,605,000 $0 0.00%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 6 $2,150,000 $358,333 $0 0.00%
    Outside of Metro Areas 9 $1,645,000 $182,778 $0 0.00%
    Corsicana, TX (FHA|USDA|VA) 4 $720,000 $180,000 $0 0.00%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $705,000 $235,000 $0 0.00%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $485,000 $485,000 $0 0.00%
    Athens, TX (FHA|USDA|VA) 2 $440,000 $220,000 $0 0.00%
    HOT SPRINGS, AR (FHA|USDA|VA) 1 $125,000 $125,000 $0 0.00%
    Granbury, TX (FHA|USDA|VA) 1 $35,000 $35,000 $0 0.00%
    Citizens National Bank Of Texas's top markets include Dallas, Stephenville, Mineral Wells, Houston, and Corsicana among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 312 $75,250,000 $241,186 $0 0.00%
    FHA 2 $260,000 $130,000 $0 0.00%
    VA 1 $215,000 $215,000 $0 0.00%

    For 2019, Citizens National Bank Of Texas's most frequently originated type of loan was Conventional, with 312 originations. Their 2nd most popular type was FHA, with 2 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 204 $53,430,000 $261,912 $0 0.00%
    Cash Out Refi 54 $9,240,000 $171,111 $0 0.00%
    Refi 43 $11,855,000 $275,698 $0 0.00%
    Home Improvement 14 $1,200,000 $85,714 $0 0.00%

    For 2019, Citizens National Bank Of Texas's most frequently cited loan purpose was Home Purchase, with 204 originations. The 2nd most popular reason was Cash Out Refi, with 54 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 315 $75,725,000 $240,397 $0 0.00%

    For 2019, Citizens National Bank Of Texas's most frequently cited loan duration was Other, with 315 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 115 $16,225,000 $141,087 $0 0.00%
    $200k-400k 93 $25,515,000 $274,355 $0 0.00%
    $100,000 or less 69 $4,575,000 $66,304 $0 0.00%
    $400k-600k 29 $13,305,000 $458,793 $0 0.00%
    $600k-1MM 5 $3,585,000 $717,000 $0 0.00%
    $1MM+ 4 $12,520,000 $3,130,000 $0 0.00%

    2019 saw Citizens National Bank Of Texas place emphasis on $100k-200k loans with 115 originations, totaling $16,225,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 55 $13,345,000 $242,636 $0 0.00%
    $100k-150k 38 $8,770,000 $230,789 $0 0.00%
    $250k+ 35 $10,385,000 $296,714 $0 0.00%
    $50k-75k 35 $5,045,000 $144,143 $0 0.00%
    $75k-100k 27 $4,755,000 $176,111 $0 0.00%
    $50k or less 10 $920,000 $92,000 $0 0.00%

    Citizens National Bank Of Texas lent most frequently to those with incomes in the $150k-250k range, with 55 originations. The second most popular income band? $100k-150k, with 38 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 315 $75,725,000 $240,397 $0 0.00%

    Citizens National Bank Of Texas lent most frequently to those with DTI ratios of Exempt%, with 315 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 209 $44,175,000 $211,364 $0 0.00%
    Not applicable 96 $29,090,000 $303,021 $0 0.00%
    Not provided 5 $1,245,000 $249,000 $0 0.00%
    Black 3 $715,000 $238,333 $0 0.00%
    Asian 2 $500,000 $250,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    88.72%

    Citizens National Bank Of Texas has an average approval rate.

    Pick Rate

    Approvals leading to origination
    70.16%

    Citizens National Bank Of Texas has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 315 $75,725,000 $240,397

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 9 $14,635,000 $1,626,111
    Single Family (1-4 Units):Manufactured 1 $175,000 $175,000
    Single Family (1-4 Units):Site-Built 305 $60,915,000 $199,721

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 10 4.3%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Closing on a mortgage 6 2.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Incorrect information on your report 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Struggling to pay mortgage 20 8.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Trouble during payment process 81 34.8%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Closing on a mortgage 3 1.3%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Incorrect information on your report 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Struggling to pay mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Trouble during payment process 13 5.6%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 11 4.7%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Closing on a mortgage 9 3.9%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Struggling to pay mortgage 8 3.4%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 52 22.3%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Closing on a mortgage 4 1.7%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Struggling to pay mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Trouble during payment process 3 1.3%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Applying for a mortgage or refinancing an existing mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Struggling to pay mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Trouble during payment process 2 0.9%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Citizens National Bank of Texas 1001 North Hwy 77 Waxahachie, TX 75165 Full Service B&M $161,766
    Citizens National Bank of Texas 102 Harris Ave Red Oak, TX 75154 Full Service B&M $95,550
    Citizens National Bank of Texas 1021 East Hwy 287 Midlothian, TX 76065 Full Service B&M $127,699
    Citizens National Bank of Texas 106 West Hwy 1382 Cedar Hill, TX 75104 Full Service B&M $134,089
    Citizens National Bank of Texas 124 East Main St. Italy, TX 76651 Full Service B&M $11,471
    Citizens National Bank of Texas 1651 Sw Wilshire Blvd Burleson, TX 76028 Full Service B&M $29,521
    Citizens National Bank of Texas 200 North Elm Street Waxahachie, TX 75165 Full Service B&M $257,803
    Citizens National Bank of Texas 2001 Bates Dr Waxahachie, TX 75167 Full Service B&M $875
    Citizens National Bank of Texas 2207 West Washington Street Stephenville, TX 76401 Full Service B&M $19,276
    Citizens National Bank of Texas 300 Granbury Street Cleburne, TX 76033 Full Service B&M $1,895
    Citizens National Bank of Texas 310 North Ninth St. Midlothian, TX 76065 Full Service B&M $92,493
    Citizens National Bank of Texas 500 East Ennis Avenue Ennis, TX 75119 Full Service B&M $46,156
    Citizens National Bank of Texas 800 North Hwy 77 Waxahachie, TX 75165 Full Service Retail $15,950
    Citizens National Bank of Texas 800 Santa Fe Drive Weatherford, TX 76086 Limited, Drive-thru $8,679

    For 2019, Citizens National Bank Of Texas had 14 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $55,904
    Net interest income $52,415
    Total noninterest income $12,742
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $4,591
    Trading account gains and fees $0
    Additional Noninterest Income $8,151
    Pre-tax net operating income $28,412
    Securities gains (or losses, -) $0
    Income before extraordinary items $27,296
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $27,296
    Minority interest net income $0
    Net income $27,296
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $27,296

    Citizens National Bank Of Texas's gross interest income from loans was $55,904,000.
    Citizens National Bank Of Texas's net interest income from loans was $52,415,000.
    Citizens National Bank Of Texas's fee based income from loans was $4,591,000.
    Citizens National Bank Of Texas's net income from loans was $27,296,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,489
    Provision for credit losses $1,200
    Total noninterest expense $35,545
    Salaries and employee benefits $19,795
    Premises and equipment expense $4,263
    Additional noninterest expense $11,487
    Applicable income taxes $1,116
    Net charge-offs $415
    Cash dividends $13,050

    Citizens National Bank Of Texas's interest expense for loans was $3,489,000.
    Citizens National Bank Of Texas's payroll and benefits expense were $19,795,000.
    Citizens National Bank Of Texas's property, plant and equipment expenses $4,263,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    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 1.0%
    Credit card loans 0.0%
    Other individual loans 1.0%
    Auto loans 0.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,033,689
    Deposits held in domestic offices $1,033,689
    Deposits by Individuals, partnerships, and corporations $1,000,408
    Deposits by U.S. Government $1,664
    Deposits by States and political subdivisions in the U.S. $31,617
    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 $72,118
    Demand deposits $25,562
    Nontransaction accounts $961,571
    Money market deposit accounts (MMDAs) $710,044
    Other savings deposits (excluding MMDAs) $182,307
    Total time deposits $69,220
    Total time and savings deposits $1,008,127
    Noninterest-bearing deposits $329,465
    Interest-bearing deposits $704,225
    Retail deposits $1,025,244
    IRAs and Keogh plan accounts $17,430
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,168,844
    Cash & Balances due from depository institutions $133,349
    Interest-bearing balances $106,832
    Total securities $9,584
    Federal funds sold & reverse repurchase $250
    Net loans and leases $958,117
    Loan and leases loss allowance $8,467
    Trading account assets $0
    Bank premises and fixed assets $25,504
    Other real estate owned $114
    Goodwill and other intangibles $5,381
    All other assets $36,545

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,168,844
    Total Liabilities $1,039,830
    Total deposits $1,033,689
    Interest-bearing deposits $704,225
    Deposits held in domestic offices $1,033,689
    % insured (estimated) $72
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $6,141

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $958,117
    Loan and leases loss allowance $8,467
    Total loans and leases (domestic) $966,584
    All real estate loans $828,656
    Real estate loans in domestic offices $828,656
    Construction and development loans $116,588
    Residential 1-4 family construction $20,892
    Other construction, all land development and other land $95,696
    Loans secured by nonfarm nonresidential properties $526,171
    Nonfarm nonresidential secured by owner-occupied properties $371,758
    Commercial real estate & other non-farm, non-residential $154,413
    Multifamily residential real estate $25,360
    1-4 family residential loans $135,380
    Farmland loans $25,157
    Loans held in foreign offices $0
    Farm loans $1,407
    Commercial and industrial loans $84,563
    To non-U.S. addressees $0
    Loans to individuals $9,346
    Credit card loans $0
    Related Plans $2,439
    Consumer Auto Loans $3,027
    Other loans to individuals $3,880
    All other loans & leases $42,612
    Loans to foreign governments and official institutions $0
    Other loans $3,338
    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 $2,487
    Non 1-4 family restructured loans & leases $2,487
    Total loans and leases (foreign) $0

    Citizens National Bank of Texas had $958,117,000 of loans outstanding in 2019. $828,656,000 of loans were in real estate loans. $116,588,000 of loans were in development loans. $25,360,000 of loans were in multifamily mortgage loans. $135,380,000 of loans were in 1-4 family mortgage loans. $1,407,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,027,000 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 522 $158,140 $302,950
    Nonfarm, nonresidential loans - <$100k 74 $4,659 $62,959
    Nonfarm, nonresidential loans - $100-250k 151 $20,620 $136,556
    Nonfarm, nonresidential loans - $250k-1MM 297 $132,861 $447,343
    Commercial & Industrial, US addressed loans - <$1MM 577 $67,833 $117,562
    Commercial & Industrial, US addressed loans - <$100k 352 $12,172 $34,580
    Commercial & Industrial, US addressed loans - $100-250k 128 $18,680 $145,938
    Commercial & Industrial, US addressed loans - $250k-1MM 97 $36,981 $381,247
    Farmland loans - <$1MM 25 $4,468 $178,720
    Farmland loans - <$100k 6 $302 $50,333
    Farmland loans - $100-250k 9 $1,284 $142,667
    Farmland loans - $250k-1MM 10 $2,882 $288,200
    Agriculture operations loans - <$1MM 13 $606 $46,615
    Agriculture operations loans - <$100k 8 $184 $23,000
    Agriculture operations loans - $100-250k 5 $422 $84,400