Commonwealth Bank And Trust Company Mortgage Rates, Fees & Info

Louisville, KY

LEI: 549300QO5LH5SP6I8C79

Tax ID: 61-0337590

5 stars - out of 5 stars, based on 52 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • 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

    Commonwealth Bank And Trust Company is a smaller bank specializing in Home Purchase and Refi loans. Commonwealth Bank And Trust Company 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: Louisville/jefferson County, Elizabethtown, Cincinnati, Lexington, and Bardstown among others. We have data for 77 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Commonwealth Bank And Trust Company 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. Commonwealth Bank And Trust Company is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.


    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.68% 3/19/23
    30 Year Conventional Refi 6.64% 3/19/23
    30 Year Cash-out Refi 6.83% 3/19/23
    30 Year FHA Purchase 7.39% 3/19/23
    30 Year FHA Refi 7.16% 3/19/23
    30 Year VA Purchase 6.31% 3/19/23
    30 Year VA Refi 6.11% 3/19/23
    30 Year USDA Purchase 6.71% 3/19/23
    30 Year USDA Refi 6.80% 3/19/23
    15 Year Conventional Purchase 5.98% 3/19/23
    15 Year Conventional Refi 6.05% 3/19/23
    15 Year Cash-out Refi 6.05% 3/19/23
    15 Year VA Purchase 6.07% 3/19/23
    15 Year VA Refi 5.74% 3/19/23
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.


    Originations

    2,739

    Origination Dollar Volume (All Markets)

    $595,535,000

    Employee count

    212

    Awards

    Commonwealth Bank and Trust Company USDA Loans gold Commonwealth Bank and Trust Company USDA Loans bronze Commonwealth Bank and Trust Company VA Loans silver
    Show all (3) awards

    Relative Rate

    Commonwealth Bank And Trust Company's average 30 year fixed mortgage rate was 3.14%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.01%.

    Relative Fees (Closing Costs)

    Commonwealth Bank And Trust Company's average total fees/closing costs for a 30 year fixed rate mortgage were $3,933.

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

    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
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 2,097 $455,815,000 $217,365 $3,460 3.09%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 241 $53,405,000 $221,598 $4,534 2.95%
    Outside of Metro Areas 86 $15,210,000 $176,860 $3,146 3.03%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 38 $8,640,000 $227,368 $3,561 3.06%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 41 $8,545,000 $208,415 $3,558 3.13%
    Bardstown, KY (FHA|USDA|VA) 42 $7,710,000 $183,571 $4,298 3.05%
    Frankfort, KY (FHA|USDA|VA) 21 $3,605,000 $171,667 $3,219 2.99%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 2 $2,310,000 $1,155,000 $7,960 3.31%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 6 $2,140,000 $356,667 $5,811 3.42%
    COLUMBUS, OH (FHA|USDA|VA) 11 $2,135,000 $194,091 $3,125 3.15%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 9 $1,975,000 $219,444 $4,520 2.97%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $1,765,000 $353,000 $3,491 3.00%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 6 $1,710,000 $285,000 $5,115 3.15%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 4 $1,610,000 $402,500 $4,972 3.00%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 6 $1,380,000 $230,000 $3,684 3.02%
    BOWLING GREEN, KY (FHA|USDA|VA) 5 $1,195,000 $239,000 $3,886 3.25%
    Richmond-Berea, KY (FHA|USDA|VA) 6 $1,180,000 $196,667 $4,162 2.96%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $1,095,000 $365,000 $2,977 3.29%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $1,045,000 $1,045,000 $4,217 3.13%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 5 $965,000 $193,000 $3,224 2.80%
    PANAMA CITY, FL (FHA|USDA|VA) 3 $945,000 $315,000 $3,261 3.25%
    OWENSBORO, KY (FHA|USDA|VA) 5 $905,000 $181,000 $4,210 2.93%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 3 $895,000 $298,333 $2,399 3.00%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 3 $875,000 $291,667 $4,729 3.21%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $680,000 $340,000 $2,589 2.88%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $670,000 $335,000 $3,760 2.69%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $630,000 $315,000 $3,411 2.94%
    ROCKY MOUNT, NC (FHA|USDA|VA) 1 $625,000 $625,000 $26,000 2.25%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 3 $605,000 $201,667 $2,543 2.88%
    Sevierville, TN (FHA|USDA|VA) 2 $600,000 $300,000 $0 4.44%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $560,000 $280,000 $3,417 3.00%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 5 $555,000 $111,000 $4,049 2.75%
    Danville, KY (FHA|USDA|VA) 3 $545,000 $181,667 $4,569 2.96%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $530,000 $265,000 $5,106 2.94%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $515,000 $515,000 $5,698 2.63%
    Madison, IN (FHA|USDA|VA) 3 $515,000 $171,667 $3,989 3.21%
    Scottsburg, IN (FHA|USDA|VA) 3 $505,000 $168,333 $2,901 3.46%
    FORT WAYNE, IN (FHA|USDA|VA) 2 $480,000 $240,000 $2,096 2.88%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $455,000 $455,000 $6,656 3.00%
    COLUMBIA, SC (FHA|USDA|VA) 3 $455,000 $151,667 $4,781 3.08%
    JACKSONVILLE, FL (FHA|USDA|VA) 2 $450,000 $225,000 $3,938 3.25%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $445,000 $445,000 $4,664 3.25%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 3 $425,000 $141,667 $2,903 3.58%
    Paducah, KY-IL (FHA|USDA|VA) 3 $425,000 $141,667 $5,693 2.63%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $400,000 $200,000 $4,281 2.88%
    WARNER ROBINS, GA (FHA|USDA|VA) 3 $395,000 $131,667 $6,674 3.71%
    FAYETTEVILLE, NC (FHA|USDA|VA) 2 $390,000 $195,000 $4,174 2.88%
    Morehead City, NC (FHA|USDA|VA) 2 $370,000 $185,000 $4,375 2.88%
    RALEIGH-CARY, NC (FHA|USDA|VA) 2 $370,000 $185,000 $2,483 2.94%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $365,000 $365,000 $3,904 2.75%
    COLUMBUS, IN (FHA|USDA|VA) 2 $360,000 $180,000 $2,076 2.94%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $350,000 $175,000 $2,421 2.75%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $335,000 $335,000 $2,048 2.75%
    Marietta, OH (FHA|USDA|VA) 1 $325,000 $325,000 $6,616 2.25%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $325,000 $325,000 $3,865 3.50%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $305,000 $305,000 $4,347 2.50%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $305,000 $305,000 $4,730 2.88%
    VALDOSTA, GA (FHA|USDA|VA) 1 $265,000 $265,000 $8,077 2.75%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 2 $260,000 $130,000 $1,117 4.56%
    Brevard, NC (FHA|USDA|VA) 1 $255,000 $255,000 $4,136 3.25%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $255,000 $255,000 $2,404 2.63%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $255,000 $85,000 $2,112 3.08%
    Cullowhee, NC (FHA|USDA|VA) 1 $215,000 $215,000 $2,806 2.50%
    ALBANY, GA (FHA|USDA|VA) 1 $185,000 $185,000 $4,373 2.38%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $155,000 $155,000 $1,878 2.38%
    WINSTON-SALEM, NC (FHA|USDA|VA) 1 $135,000 $135,000 $2,673 2.50%
    Jasper, IN (FHA|USDA|VA) 1 $135,000 $135,000 $4,367 2.50%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $125,000 $125,000 $0 3.63%
    Campbellsville, KY (FHA|USDA|VA) 1 $125,000 $125,000 $2,979 3.13%
    AKRON, OH (FHA|USDA|VA) 1 $125,000 $125,000 $5,934 2.88%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $115,000 $115,000 $2,826 2.50%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $115,000 $115,000 $2,651 2.38%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $105,000 $105,000 $5,312 3.38%
    Somerset, KY (FHA|USDA|VA) 1 $105,000 $105,000 $2,612 2.88%
    MANSFIELD, OH (FHA|USDA|VA) 1 $105,000 $105,000 $4,216 2.88%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $95,000 $95,000 $2,124 2.13%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $85,000 $85,000 $4,172 3.00%
    Commonwealth Bank And Trust Company's top markets include Louisville/jefferson County, Elizabethtown, Cincinnati, Lexington, and Bardstown among others.

    Their top states include:
  • Kentucky (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Commonwealth Bank and Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    The North Side Bank & Trust Company
    Similarity Rank: 246
    The Cecilian Bank
    Similarity Rank: 280
    CINFED Federal Credit Union
    Similarity Rank: 288
    Peoples Exchange Bank
    Similarity Rank: 432
    Sharefax Credit Union
    Similarity Rank: 505
    MORTGAGE SUPPLIERS, INC.
    Similarity Rank: 528
    INDIANA MEMBERS CREDIT UNION
    Similarity Rank: 810
    The Monticello Banking Company
    Similarity Rank: 817
    COMMONWEALTH
    Similarity Rank: 950
    Kentucky Bank
    Similarity Rank: 1067

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,151 $466,765,000 $216,999 $2,972 3.13%
    FHA 291 $57,045,000 $196,031 $6,559 3.03%
    VA 260 $65,870,000 $253,346 $4,940 2.73%
    USDA 37 $5,855,000 $158,243 $4,300 2.81%

    For 2021, Commonwealth Bank And Trust Company's most frequently originated type of loan was Conventional, with 2,151 originations. Their 2nd most popular type was FHA, with 291 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,152 $268,440,000 $233,021 $4,346 3.20%
    Refi 1,118 $224,610,000 $200,903 $2,904 2.93%
    Cash Out Refi 431 $95,665,000 $221,961 $3,554 3.11%
    Other 35 $6,245,000 $178,429 $3,132 3.30%
    Home Improvement 3 $575,000 $191,667 $3,134 3.25%

    For 2021, Commonwealth Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 1,152 originations. The 2nd most popular reason was Refi, with 1,118 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,991 $453,935,000 $227,993 $3,933 3.14%
    15 Year 430 $87,020,000 $202,372 $2,600 2.63%
    20 Year 148 $29,730,000 $200,878 $2,787 3.08%
    10 Year 111 $12,275,000 $110,586 $2,300 3.40%
    Other 42 $9,920,000 $236,190 $2,807 3.15%
    5 Year 16 $2,650,000 $165,625 $911 4.23%
    3 Year 1 $5,000 $5,000 $0 0.00%

    For 2021, Commonwealth Bank And Trust Company's most frequently cited loan duration was 30 Year, with 1,991 originations. The 2nd most popular length was 15 Year, with 430 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,640 $369,850,000 $225,518
    $1k-2k 696 $138,670,000 $199,239
    $2k-3k 161 $36,895,000 $229,161
    $3k-4k 51 $12,495,000 $245,000
    $4k-5k 23 $6,455,000 $280,652
    $5k+ 17 $6,475,000 $380,882

    Commonwealth Bank And Trust Company's average total fees were $3,933, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,640 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,242 $274,740,000 $221,208
    2.5-3% 1,035 $238,345,000 $230,285
    <2.5% 380 $74,360,000 $195,684
    5-6% 45 $1,135,000 $25,222
    4-5% 37 $6,955,000 $187,973

    During 2021, Commonwealth Bank And Trust Company's average interest rate for loans was 3.14%, while their most frequently originated rate bucket for loans was 3-4%, with 1,242 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 1,172 $177,960,000 $151,843 $3,192 3.04%
    $200k-400k 1,076 $291,900,000 $271,283 $4,058 3.02%
    $100,000 or less 285 $18,685,000 $65,561 $2,343 3.40%
    $400k-600k 194 $92,880,000 $478,763 $4,501 3.07%
    $1MM+ 6 $9,640,000 $1,606,667 $5,853 3.25%
    $600k-1MM 6 $4,470,000 $745,000 $8,501 3.19%

    2021 saw Commonwealth Bank And Trust Company place emphasis on $100k-200k loans with 1,172 originations, totaling $177,960,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 741 $133,385,000 $180,007 $3,682 3.12%
    $50k or less 521 $71,875,000 $137,956 $3,449 3.12%
    $100k-150k 508 $129,560,000 $255,039 $3,671 3.06%
    $75k-100k 418 $91,370,000 $218,589 $3,778 3.06%
    $150k-250k 265 $82,775,000 $312,358 $3,760 3.06%
    $250k+ 122 $47,930,000 $392,869 $3,259 3.14%

    Commonwealth Bank And Trust Company lent most frequently to those with incomes in the $50k-75k range, with 741 originations. The second most popular income band? $50k or less, with 521 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 606 $128,210,000 $211,568 $3,185 3.00%
    30-36% 485 $106,315,000 $219,206 $3,417 3.07%
    <20% 241 $50,015,000 $207,531 $2,656 2.92%
    44% 117 $28,015,000 $239,444 $4,321 3.12%
    36% 100 $26,240,000 $262,400 $3,678 3.12%
    43% 97 $21,975,000 $226,546 $3,800 3.06%
    39% 90 $18,990,000 $211,000 $3,710 3.07%
    42% 86 $17,900,000 $208,140 $3,709 3.20%
    45% 84 $18,840,000 $224,286 $3,825 3.13%
    38% 83 $18,235,000 $219,699 $3,743 3.13%
    40% 82 $18,330,000 $223,537 $3,747 3.08%
    50-60% 80 $20,870,000 $260,875 $6,999 3.05%
    47% 73 $17,545,000 $240,342 $4,092 3.04%
    37% 71 $15,405,000 $216,972 $3,655 3.14%
    41% 71 $15,305,000 $215,563 $3,595 3.07%
    49% 71 $16,545,000 $233,028 $4,818 3.21%
    48% 64 $14,570,000 $227,656 $4,181 3.14%
    46% 45 $9,155,000 $203,444 $4,826 3.11%
    >60% 4 $530,000 $132,500 $1,947 3.88%

    Commonwealth Bank And Trust Company lent most frequently to those with DTI ratios of 20-30%, with 606 originations. The next most common DTI ratio? 30-36%, with 485 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,379 $518,925,000 $218,127 $3,489 3.05%
    Black 165 $32,625,000 $197,727 $4,612 3.26%
    Not provided 143 $28,275,000 $197,727 $4,324 3.19%
    Not applicable 12 $6,110,000 $509,167 $0 3.82%
    Asian 29 $5,625,000 $193,966 $2,866 3.05%
    Asian Indian 1 $1,355,000 $1,355,000 $4,466 3.63%
    American Indian 4 $1,090,000 $272,500 $9,687 3.19%
    Native Hawaiian or Islander 2 $870,000 $435,000 $4,260 3.00%
    Korean 2 $420,000 $210,000 $6,975 2.88%
    Other Pacific Islander 1 $135,000 $135,000 $2,510 3.00%
    Other Asian 1 $105,000 $105,000 $1,425 2.50%

    Approval Rates

    Total approvals of all applications
    88.96%

    Commonwealth Bank And Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    61.23%

    Commonwealth Bank And Trust Company has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,739 $595,535,000 $217,428

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,739 $595,535,000 $217,428

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 137 $21,175,000 $154,562 $2,351 2.83%
    40-60% 372 $74,720,000 $200,860 $2,577 2.85%
    60-80% 981 $213,495,000 $217,630 $3,009 3.15%
    80-100% 1,151 $271,715,000 $236,069 $4,293 3.05%
    Over 100% 37 $12,495,000 $337,703 $11,150 2.77%
    Under 20% 61 $1,935,000 $31,721 $1,686 4.37%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Common Wealth Mortgage Services Conventional home mortgage Incorrect information on your report 1 50.0%
    Common Wealth Mortgage Services FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Commonwealth Bank and Trust Company 6920 Shelbyville Road Simpsonville, KY 40067 Full Service B&M $43,423
    Commonwealth Bank and Trust Company 1501 Mt. Eden Road Shelbyville, KY 40065 Full Service B&M $36,927
    Commonwealth Bank and Trust Company 1720 Midland Trail Shelbyville, KY 40065 Full Service B&M $58,014
    Commonwealth Bank and Trust Company 2401 Bardstown Road Louisville, KY 40205 Full Service B&M $49,208
    Commonwealth Bank and Trust Company 286 North Hubbards Lane Louisville, KY 40207 Full Service B&M $172,843
    Commonwealth Bank and Trust Company 311 Boone Station Rd Ste 1 Shelbyville, KY 40065 Full Service Retail $16,791
    Commonwealth Bank and Trust Company 400 West Market Street, Suite 150 Louisville, KY 40202 Full Service B&M $49,420
    Commonwealth Bank and Trust Company 422 Main Street Shelbyville, KY 40065 Full Service B&M $99,931
    Commonwealth Bank and Trust Company 4350 Brownsboro Road, Suite 310 Louisville, KY 40207 Full Service B&M $0
    Commonwealth Bank and Trust Company 4944 Us Highway 42 Louisville, KY 40222 Full Service B&M $121,426
    Commonwealth Bank and Trust Company 4980 Us Highway 42 Louisville, KY 40222 Full Service B&M $0
    Commonwealth Bank and Trust Company 591 Freedom Park Drive Edgewood, KY 41017 Full Service B&M $42,247
    Commonwealth Bank and Trust Company 10716 Meeting Street Prospect, KY 40059 Full Service B&M $24,317
    Commonwealth Bank and Trust Company 11900 Standiford Plaza Drive Louisville, KY 40229 Full Service B&M $24,900
    Commonwealth Bank and Trust Company 12906 Shelbyville Road Louisville, KY 40243 Full Service B&M $128,324
    Commonwealth Bank and Trust Company 1402 Evergreen Road Louisville, KY 40223 Full Service B&M $42,126
    Commonwealth Bank and Trust Company 7135 Houston Road Florence, KY 41042 Full Service B&M $60,172
    Commonwealth Bank and Trust Company 801 Blankenbaker Parkway Louisville, KY 40243 Full Service B&M $33,366

    For 2021, Commonwealth Bank And Trust Company had 18 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $36,434
    Net interest income $33,472
    Total noninterest income $37,614
    Gross Fiduciary activities income $11,463
    Service charges on deposit accounts $1,276
    Trading account gains and fees $0
    Additional Noninterest Income $24,875
    Pre-tax net operating income $15,186
    Securities gains (or losses, -) $16
    Income before extraordinary items $15,202
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $15,202
    Minority interest net income $0
    Net income $15,202
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $15,186

    Commonwealth Bank And Trust Company's gross interest income from loans was $36,434,000.
    Commonwealth Bank And Trust Company's net interest income from loans was $33,472,000.
    Commonwealth Bank And Trust Company's fee based income from loans was $1,276,000.
    Commonwealth Bank And Trust Company's net income from loans was $15,202,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,962
    Provision for credit losses $300
    Total noninterest expense $55,600
    Salaries and employee benefits $37,290
    Premises and equipment expense $7,699
    Additional noninterest expense $10,611
    Applicable income taxes $0
    Net charge-offs $83
    Cash dividends $11,529

    Commonwealth Bank And Trust Company's interest expense for loans was $2,962,000.
    Commonwealth Bank And Trust Company's payroll and benefits expense were $37,290,000.
    Commonwealth Bank And Trust Company's property, plant and equipment expenses $7,699,000.

    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 4.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 1.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,004,089
    Deposits held in domestic offices $1,004,089
    Deposits by Individuals, partnerships, and corporations $918,036
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $86,053
    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 $599,764
    Demand deposits $48,374
    Nontransaction accounts $404,325
    Money market deposit accounts (MMDAs) $137,247
    Other savings deposits (excluding MMDAs) $157,193
    Total time deposits $109,885
    Total time and savings deposits $955,715
    Noninterest-bearing deposits $294,424
    Interest-bearing deposits $709,665
    Retail deposits $982,348
    IRAs and Keogh plan accounts $12,929
    Brokered deposits $420
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,299,520
    Cash & Balances due from depository institutions $303,826
    Interest-bearing balances $295,442
    Total securities $263,985
    Federal funds sold & reverse repurchase $10,242
    Net loans and leases $666,026
    Loan and leases loss allowance $16,147
    Trading account assets $0
    Bank premises and fixed assets $28,833
    Other real estate owned $0
    Goodwill and other intangibles $9,752
    All other assets $16,856

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,299,520
    Total Liabilities $1,181,178
    Total deposits $1,004,089
    Interest-bearing deposits $709,665
    Deposits held in domestic offices $1,004,089
    % insured (estimated) $78
    Federal funds purchased and repurchase agreements $154,295
    Trading liabilities $0
    Other borrowed funds $6,000
    Subordinated debt $0
    All other liabilities $16,794

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $666,026
    Loan and leases loss allowance $16,147
    Total loans and leases (domestic) $682,173
    All real estate loans $564,711
    Real estate loans in domestic offices $564,711
    Construction and development loans $59,653
    Residential 1-4 family construction $3,230
    Other construction, all land development and other land $56,423
    Loans secured by nonfarm nonresidential properties $325,651
    Nonfarm nonresidential secured by owner-occupied properties $128,544
    Commercial real estate & other non-farm, non-residential $197,107
    Multifamily residential real estate $18,008
    1-4 family residential loans $156,959
    Farmland loans $4,440
    Loans held in foreign offices $0
    Farm loans $3,241
    Commercial and industrial loans $64,672
    To non-U.S. addressees $0
    Loans to individuals $33,912
    Credit card loans $2,561
    Related Plans $13,050
    Consumer Auto Loans $10,273
    Other loans to individuals $8,028
    All other loans & leases $15,637
    Loans to foreign governments and official institutions $0
    Other loans $267
    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 $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Commonwealth Bank and Trust Company had $666,026,000 of loans outstanding in 2021. $564,711,000 of loans were in real estate loans. $59,653,000 of loans were in development loans. $18,008,000 of loans were in multifamily mortgage loans. $156,959,000 of loans were in 1-4 family mortgage loans. $3,241,000 of loans were in farm loans. $2,561,000 of loans were in credit card loans. $10,273,000 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 192 $47,596 $247,896
    Nonfarm, nonresidential loans - <$100k 31 $1,350 $43,548
    Nonfarm, nonresidential loans - $100-250k 64 $6,706 $104,781
    Nonfarm, nonresidential loans - $250k-1MM 97 $39,540 $407,629
    Commercial & Industrial, US addressed loans - <$1MM 311 $28,988 $93,209
    Commercial & Industrial, US addressed loans - <$100k 152 $1,812 $11,921
    Commercial & Industrial, US addressed loans - $100-250k 57 $4,367 $76,614
    Commercial & Industrial, US addressed loans - $250k-1MM 102 $22,809 $223,618
    Farmland loans - <$1MM 9 $1,355 $150,556
    Farmland loans - $100-250k 5 $347 $69,400
    Farmland loans - $250k-1MM 4 $1,008 $252,000
    Agriculture operations loans - <$1MM 1 $388 $388,000
    Agriculture operations loans - $250k-1MM 1 $388 $388,000