Cb&s Bank Mortgage Rates, Fees & Info

Russellville, AL

LEI: 549300RTWPH3HXUWR160

Tax ID: 63-0041560

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Cb&s Bank is a smaller bank specializing in Refi and Home Purchase loans. Cb&s Bank 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.) They have a low ratio of USDA loans. Their top markets by origination volume include: Birmingham, Huntsville, Florence, Montgomery, and Nashville among others. We have data for 50 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Cb&s Bank 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. Cb&s Bank is typically a low 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
    Home Equity Line of Credit (HELOC) 6.27% 4/21/24
    30 Year Conventional Purchase 6.96% 4/21/24
    30 Year Conventional Refi 7.34% 4/21/24
    30 Year Cash-out Refi 6.67% 4/21/24
    30 Year FHA Purchase 7.22% 4/21/24
    30 Year FHA Refi 6.27% 4/21/24
    30 Year VA Purchase 6.16% 4/21/24
    30 Year USDA Purchase 6.71% 4/21/24
    15 Year Conventional Purchase 6.87% 4/21/24
    15 Year Conventional Refi 7.20% 4/21/24
    15 Year Cash-out Refi 7.20% 4/21/24
    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.

    Cb&s Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Cb&s Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    1,233

    Origination Dollar Volume (All Markets)

    $225,095,000

    Employee count

    510 Show all (18) awards

    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
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 286 $69,400,000 $242,657 $4,128 2.97%
    Outside of Metro Areas 328 $35,230,000 $107,409 $2,189 4.74%
    HUNTSVILLE, AL (FHA|USDA|VA) 114 $23,320,000 $204,561 $2,613 3.64%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 79 $15,535,000 $196,646 $2,967 3.69%
    MONTGOMERY, AL (FHA|USDA|VA) 58 $9,960,000 $171,724 $2,794 4.41%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 33 $9,515,000 $288,333 $3,329 3.59%
    Tupelo, MS (FHA|USDA|VA) 37 $9,355,000 $252,838 $2,517 4.15%
    DECATUR, AL (FHA|USDA|VA) 68 $8,640,000 $127,059 $2,307 3.93%
    Clarksdale, MS (FHA|USDA|VA) 29 $4,685,000 $161,552 $3,068 3.71%
    Starkville, MS (FHA|USDA|VA) 25 $4,295,000 $171,800 $3,826 3.68%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $4,195,000 $1,398,333 $2,865 3.75%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 17 $4,155,000 $244,412 $3,376 4.07%
    Cullman, AL (FHA|USDA|VA) 10 $2,700,000 $270,000 $3,758 2.77%
    Corinth, MS (FHA|USDA|VA) 15 $2,695,000 $179,667 $2,859 3.54%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 8 $2,630,000 $328,750 $3,826 3.16%
    Talladega-Sylacauga, AL (FHA|USDA|VA) 11 $2,235,000 $203,182 $3,364 2.86%
    Alexander City, AL (FHA|USDA|VA) 9 $1,885,000 $209,444 $2,782 4.43%
    Greenville, MS (FHA|USDA|VA) 18 $1,330,000 $73,889 $2,736 5.07%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 3 $1,285,000 $428,333 $6,061 2.46%
    Lawrenceburg, TN (FHA|USDA|VA) 7 $1,245,000 $177,857 $3,094 2.93%
    Lewisburg, TN (FHA|USDA|VA) 11 $1,225,000 $111,364 $2,094 4.64%
    Greenwood, MS (FHA|USDA|VA) 12 $1,160,000 $96,667 $2,579 4.01%
    JACKSON, TN (FHA|USDA|VA) 8 $1,050,000 $131,250 $2,611 3.97%
    TUSCALOOSA, AL (FHA|USDA|VA) 4 $700,000 $175,000 $2,679 4.48%
    JACKSON, MS (FHA|USDA|VA) 3 $695,000 $231,667 $3,494 3.04%
    BOWLING GREEN, KY (FHA|USDA|VA) 1 $525,000 $525,000 $20,991 2.25%
    Jasper, AL (FHA|USDA|VA) 3 $505,000 $168,333 $6,919 3.17%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 2 $480,000 $240,000 $2,618 4.00%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $470,000 $235,000 $2,601 2.87%
    Fort Payne, AL (FHA|USDA|VA) 1 $395,000 $395,000 $6,775 2.88%
    Scottsboro, AL (FHA|USDA|VA) 3 $345,000 $115,000 $1,583 4.57%
    GADSDEN, AL (FHA|USDA|VA) 2 $340,000 $170,000 $5,236 3.44%
    COLUMBUS, GA-AL (FHA|USDA|VA) 1 $285,000 $285,000 $3,392 3.25%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $265,000 $265,000 $1,945 2.38%
    PANAMA CITY, FL (FHA|USDA|VA) 3 $245,000 $81,667 $430 5.17%
    Albertville, AL (FHA|USDA|VA) 1 $235,000 $235,000 $3,658 3.38%
    Cleveland, MS (FHA|USDA|VA) 2 $220,000 $110,000 $2,787 3.56%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $195,000 $195,000 $2,109 2.63%
    Shelbyville, TN (FHA|USDA|VA) 1 $175,000 $175,000 $2,913 2.25%
    Vicksburg, MS (FHA|USDA|VA) 1 $165,000 $165,000 $4,763 3.50%
    Indianola, MS (FHA|USDA|VA) 3 $145,000 $48,333 $3,226 5.07%
    Cookeville, TN (FHA|USDA|VA) 1 $145,000 $145,000 $4,169 3.38%
    Oxford, MS (FHA|USDA|VA) 1 $135,000 $135,000 $2,511 2.25%
    Picayune, MS (FHA|USDA|VA) 1 $125,000 $125,000 $2,664 2.13%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $125,000 $125,000 $2,901 3.88%
    Troy, AL (FHA|USDA|VA) 1 $125,000 $125,000 $2,963 3.13%
    Richmond-Berea, KY (FHA|USDA|VA) 1 $115,000 $115,000 $2,406 3.38%
    DOTHAN, AL (FHA|USDA|VA) 1 $105,000 $105,000 $3,719 2.38%
    Columbus, MS (FHA|USDA|VA) 1 $75,000 $75,000 $3,572 3.50%
    Grenada, MS (FHA|USDA|VA) 1 $35,000 $35,000 $1,246 6.98%
    Cb&s Bank's top markets include Birmingham, Huntsville, Florence, Montgomery, and Nashville among others.

    Their top states include:
  • Alabama (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Mississippi (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)

    • Similar Lenders

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

    Florence Federal Credit Union
    Similarity Rank: 72
    F&M Bank
    Similarity Rank: 130
    TVA Community Credit Union
    Similarity Rank: 260
    MAX Credit Union
    Similarity Rank: 399
    Listerhill Credit Union
    Similarity Rank: 464
    ASCEND FEDERAL CREDIT UNION
    Similarity Rank: 544
    The First National Bank of Middle Tennessee
    Similarity Rank: 567
    Liberty Mortgage Corporation
    Similarity Rank: 630
    Jefferson Credit Union
    Similarity Rank: 702
    First Financial Bank
    Similarity Rank: 918

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,129 $208,645,000 $184,805 $2,807 3.96%
    FHA 52 $8,250,000 $158,654 $5,566 2.90%
    USDA 40 $4,260,000 $106,500 $3,759 3.24%
    VA 12 $3,940,000 $328,333 $6,897 2.50%

    For 2020, Cb&s Bank's most frequently originated type of loan was Conventional, with 1,129 originations. Their 2nd most popular type was FHA, with 52 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 567 $103,715,000 $182,919 $2,621 4.06%
    Home Purchase 504 $94,220,000 $186,944 $3,478 3.68%
    Cash Out Refi 118 $24,600,000 $208,475 $3,294 3.05%
    Home Improvement 27 $1,405,000 $52,037 $1,724 5.74%
    Other 17 $1,155,000 $67,941 $1,759 5.99%

    For 2020, Cb&s Bank's most frequently cited loan purpose was Refi, with 567 originations. The 2nd most popular reason was Home Purchase, with 504 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 680 $142,640,000 $209,765 $3,476 3.26%
    Other 190 $22,940,000 $120,737 $1,187 6.10%
    15 Year 187 $31,755,000 $169,813 $2,950 2.92%
    5 Year 82 $14,700,000 $179,268 $765 5.35%
    20 Year 59 $8,975,000 $152,119 $2,501 3.84%
    10 Year 20 $2,380,000 $119,000 $1,813 4.61%
    3 Year 9 $755,000 $83,889 $526 6.44%
    1 Year 6 $950,000 $158,333 $4,651 6.09%

    For 2020, Cb&s Bank's most frequently cited loan duration was 30 Year, with 680 originations. The 2nd most popular length was Other, with 190 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 742 $120,790,000 $162,790
    $1k-2k 99 $16,295,000 $164,596
    $2k-3k 85 $17,915,000 $210,765
    $3k-4k 65 $18,805,000 $289,308
    $4k-5k 34 $12,290,000 $361,471
    $5k+ 8 $3,370,000 $421,250

    Cb&s Bank's average total fees were $3,476, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 742 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 349 $76,745,000 $219,900
    3-4% 289 $61,895,000 $214,170
    <2.5% 201 $43,835,000 $218,085
    5-6% 137 $14,825,000 $108,212
    4-5% 114 $20,320,000 $178,246
    6-7% 83 $4,765,000 $57,410
    Over 8% 31 $1,175,000 $37,903
    7-8% 29 $1,535,000 $52,931

    During 2020, Cb&s Bank's average interest rate for loans was 3.26%, while their most frequently originated rate bucket for loans was 2.5-3%, with 349 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 401 $20,835,000 $51,958 $1,763 5.22%
    $200k-400k 387 $106,555,000 $275,336 $3,804 3.13%
    $100k-200k 378 $56,650,000 $149,868 $2,952 3.31%
    $400k-600k 57 $26,475,000 $464,474 $5,108 3.09%
    $1MM+ 8 $13,060,000 $1,632,500 $0 4.40%
    $600k-1MM 2 $1,520,000 $760,000 $0 4.54%

    2020 saw Cb&s Bank place emphasis on $100,000 or less loans with 401 originations, totaling $20,835,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 278 $24,900,000 $89,568 $2,330 4.64%
    $50k-75k 243 $34,115,000 $140,391 $2,980 3.85%
    $100k-150k 222 $49,790,000 $224,279 $3,519 3.32%
    $75k-100k 175 $32,145,000 $183,686 $3,143 3.58%
    $150k-250k 139 $37,565,000 $270,252 $3,548 3.35%
    $250k+ 55 $17,165,000 $312,091 $3,551 3.44%

    Cb&s Bank lent most frequently to those with incomes in the $50k or less range, with 278 originations. The second most popular income band? $50k-75k, with 243 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 313 $56,915,000 $181,837 $3,039 3.51%
    <20% 244 $43,810,000 $179,549 $2,841 3.40%
    30-36% 179 $31,565,000 $176,341 $3,074 3.68%
    40% 42 $7,630,000 $181,667 $3,059 4.21%
    39% 36 $5,870,000 $163,056 $2,913 4.16%
    >60% 33 $3,745,000 $113,485 $1,124 6.70%
    42% 26 $4,670,000 $179,615 $2,862 3.67%
    43% 26 $4,690,000 $180,385 $3,441 3.56%
    44% 25 $6,205,000 $248,200 $4,298 3.32%
    38% 23 $3,855,000 $167,609 $2,667 3.42%
    41% 21 $3,455,000 $164,524 $3,205 3.74%
    45% 20 $3,100,000 $155,000 $3,291 3.47%
    50-60% 20 $1,970,000 $98,500 $3,037 5.25%
    46% 18 $3,150,000 $175,000 $3,679 4.10%
    36% 18 $3,430,000 $190,556 $3,722 3.29%
    37% 18 $2,930,000 $162,778 $2,984 4.62%
    48% 16 $3,700,000 $231,250 $3,186 3.72%
    49% 14 $2,070,000 $147,857 $3,778 3.51%
    47% 7 $1,485,000 $212,143 $4,172 3.12%

    Cb&s Bank lent most frequently to those with DTI ratios of 20-30%, with 313 originations. The next most common DTI ratio? <20%, with 244 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,055 $187,805,000 $178,014 $3,021 3.75%
    Not applicable 75 $21,745,000 $289,933 $0 5.02%
    Black 70 $8,250,000 $117,857 $3,044 4.52%
    Asian 17 $4,705,000 $276,765 $3,775 3.84%
    Not provided 16 $2,590,000 $161,875 $2,768 3.74%

    Approval Rates

    Total approvals of all applications
    90.38%

    Cb&s Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    87.43%

    Cb&s Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,233 $225,095,000 $182,559

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 19 $12,335,000 $649,211
    Single Family (1-4 Units):Manufactured 51 $1,845,000 $36,176
    Single Family (1-4 Units):Site-Built 1,163 $210,915,000 $181,354

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 93 $7,675,000 $82,527 $1,980 4.89%
    40-60% 185 $29,125,000 $157,432 $2,443 4.08%
    60-80% 504 $106,250,000 $210,813 $3,018 3.78%
    80-100% 409 $78,045,000 $190,819 $3,455 3.54%
    Over 100% 10 $1,980,000 $198,000 $7,648 3.31%
    Under 20% 26 $910,000 $35,000 $933 6.21%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Cb&s Bank, Inc. 1424 6th Avenue Se Decatur, AL 35601 Full Service B&M $11,474
    Cb&s Bank, Inc. 10081 Highway 114 Scotts Hill, TN 38374 Full Service B&M $7,659
    Cb&s Bank, Inc. 102 West Fox Avenue Eupora, MS 39744 Full Service B&M $27,682
    Cb&s Bank, Inc. 1045 First Street Cherokee, AL 35616 Full Service B&M $17,568
    Cb&s Bank, Inc. 110 Alcorn Drive Corinth, MS 38834 Full Service B&M $17,329
    Cb&s Bank, Inc. 11963 Alabama Highway 157 Moulton, AL 35650 Full Service B&M $73,165
    Cb&s Bank, Inc. 1217 Gilmer Avenue Tallassee, AL 36078 Full Service B&M $54,355
    Cb&s Bank, Inc. 1301 Doug Baker Boulevard Birmingham, AL 35242 Full Service B&M $21,703
    Cb&s Bank, Inc. 131 South Main Street Cornersville, TN 37047 Full Service B&M $19,398
    Cb&s Bank, Inc. 14015 Highway 43 Russellville, AL 35653 Full Service B&M $18,717
    Cb&s Bank, Inc. 1422 Huntsville Highway Fayetteville, TN 37334 Full Service B&M $49,189
    Cb&s Bank, Inc. 14331 Highway 15 North Ripley, MS 38663 Full Service B&M $25,362
    Cb&s Bank, Inc. 1481 Highway 172 Hodges, AL 35571 Full Service B&M $11,846
    Cb&s Bank, Inc. 15290 Us 43 Russellville, AL 35653 Full Service B&M $19,361
    Cb&s Bank, Inc. 164 Cason Lane Murfreesboro, TN 37128 Full Service B&M $541
    Cb&s Bank, Inc. 1701 Highway 1 South Greenville, MS 38701 Full Service B&M $9,532
    Cb&s Bank, Inc. 1825 Beltline Road, Sw Decatur, AL 35601 Full Service B&M $17,718
    Cb&s Bank, Inc. 200 South Harper Road Corinth, MS 38834 Full Service B&M $22,671
    Cb&s Bank, Inc. 2000 East Avalon Avenue Muscle Shoals, AL 35661 Full Service B&M $51,010
    Cb&s Bank, Inc. 201 South Jackson Street Russellville, AL 35653 Full Service B&M $166,712
    Cb&s Bank, Inc. 225 Emma Ln Pike Road, AL 36064 Full Service B&M $29,820
    Cb&s Bank, Inc. 237 East Main Street Adamsville, TN 38310 Full Service B&M $35,067
    Cb&s Bank, Inc. 26314 Main Street Ardmore, TN 38449 Full Service B&M $15,394
    Cb&s Bank, Inc. 28171 Highway 15 Walnut, MS 38683 Full Service B&M $20,340
    Cb&s Bank, Inc. 2975 Hough Road Florence, AL 35630 Full Service B&M $65,959
    Cb&s Bank, Inc. 30 West Main Street Hohenwald, TN 38462 Full Service B&M $38,978
    Cb&s Bank, Inc. 301 John Lee Hooker Lane Clarksdale, MS 38614 Full Service B&M $48,170
    Cb&s Bank, Inc. 301 Main Street Tallassee, AL 36078 Full Service B&M $53,675
    Cb&s Bank, Inc. 307 West Madison Street Pulaski, TN 38478 Full Service B&M $32,537
    Cb&s Bank, Inc. 320 South Pine Street Florence, AL 35630 Full Service B&M $64,802
    Cb&s Bank, Inc. 325 Main Street Savannah, TN 38372 Full Service B&M $37,914
    Cb&s Bank, Inc. 333 Church Street Town Creek, AL 35672 Full Service B&M $23,906
    Cb&s Bank, Inc. 342 Washington Avenue Greenville, MS 38701 Full Service B&M $41,194
    Cb&s Bank, Inc. 3425 West Main Street Tupelo, MS 38801 Full Service B&M $5,358
    Cb&s Bank, Inc. 3571 Broad Street Phil Campbell, AL 35581 Full Service B&M $37,590
    Cb&s Bank, Inc. 3869 Highway 12 West Sturgis, MS 39769 Full Service B&M $8,252
    Cb&s Bank, Inc. 3936 Us Hwy, 231 Wetumpka, AL 36092 Full Service B&M $60,469
    Cb&s Bank, Inc. 400 Fulton Street Greenwood, MS 38930 Full Service B&M $3,041
    Cb&s Bank, Inc. 407 4th Street Sw Red Bay, AL 35582 Full Service B&M $62,713
    Cb&s Bank, Inc. 410 Water Street Savannah, TN 38372 Limited, Drive-thru $0
    Cb&s Bank, Inc. 51 West Main Street Parsons, TN 38363 Full Service B&M $45,038
    Cb&s Bank, Inc. 521 Madison Street Huntsville, AL 35801 Full Service B&M $20,449
    Cb&s Bank, Inc. 5690 U.S. Highway 72 Killen, AL 35645 Full Service B&M $39,194
    Cb&s Bank, Inc. 6104 University Drive Huntsville, AL 35806 Full Service B&M $13,643
    Cb&s Bank, Inc. 6388 Us Highway 431 Owens Cross Roads, AL 35763 Full Service B&M $7,628
    Cb&s Bank, Inc. 706 South Church Street Murfreesboro, TN 37130 Full Service B&M $27,431
    Cb&s Bank, Inc. 724 West Market Street Bolivar, TN 38008 Full Service B&M $39,141
    Cb&s Bank, Inc. 728 Shades Creek Pkwy Birmingham, AL 35209 Full Service B&M $8,113
    Cb&s Bank, Inc. 731 Mulberry Avenue Selmer, TN 38375 Full Service B&M $24,176
    Cb&s Bank, Inc. 771 North Ellington Parkway Lewisburg, TN 37091 Full Service B&M $20,277
    Cb&s Bank, Inc. 8018 Highway 72 Madison, AL 35758 Full Service B&M $13,510
    Cb&s Bank, Inc. 820 West Park Avenue Greenwood, MS 38930 Full Service B&M $85,583
    Cb&s Bank, Inc. 901 S. Gloster Street Tupelo, MS 38801 Full Service B&M $1,873
    Cb&s Bank, Inc. Bass Street And Highway 64 Whiteville, TN 38075 Full Service B&M $10,076
    Cb&s Bank, Inc. Highways 12 And 25 Starkville, MS 39759 Full Service B&M $51,561

    For 2020, Cb&s Bank had 55 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $74,041
    Net interest income $63,698
    Total noninterest income $17,631
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $4,507
    Trading account gains and fees $0
    Additional Noninterest Income $13,124
    Pre-tax net operating income $23,055
    Securities gains (or losses, -) $1,603
    Income before extraordinary items $20,603
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $20,603
    Minority interest net income $0
    Net income $20,603
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $19,256

    Cb&s Bank's gross interest income from loans was $74,041,000.
    Cb&s Bank's net interest income from loans was $63,698,000.
    Cb&s Bank's fee based income from loans was $4,507,000.
    Cb&s Bank's net income from loans was $20,603,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $10,343
    Provision for credit losses $3,332
    Total noninterest expense $54,942
    Salaries and employee benefits $29,522
    Premises and equipment expense $8,231
    Additional noninterest expense $17,189
    Applicable income taxes $4,055
    Net charge-offs $103
    Cash dividends $3,128

    Cb&s Bank's interest expense for loans was $10,343,000.
    Cb&s Bank's payroll and benefits expense were $29,522,000.
    Cb&s Bank's property, plant and equipment expenses $8,231,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 4.0%
    Nonfarm, nonresidential loans 1.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 1.0%
    Personal loans 0.0%
    Credit card loans 0.1%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,818,865
    Deposits held in domestic offices $1,818,865
    Deposits by Individuals, partnerships, and corporations $1,617,103
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $201,761
    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 $63,360
    Demand deposits $52,106
    Nontransaction accounts $1,755,504
    Money market deposit accounts (MMDAs) $1,158,282
    Other savings deposits (excluding MMDAs) $266,351
    Total time deposits $330,872
    Total time and savings deposits $1,766,758
    Noninterest-bearing deposits $38,483
    Interest-bearing deposits $1,780,382
    Retail deposits $1,731,879
    IRAs and Keogh plan accounts $61,822
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,190,912
    Cash & Balances due from depository institutions $161,919
    Interest-bearing balances $127,587
    Total securities $946,706
    Federal funds sold & reverse repurchase $30,000
    Net loans and leases $916,932
    Loan and leases loss allowance $12,811
    Trading account assets $0
    Bank premises and fixed assets $35,807
    Other real estate owned $5,521
    Goodwill and other intangibles $27,269
    All other assets $66,758

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,190,913
    Total Liabilities $1,920,041
    Total deposits $1,818,865
    Interest-bearing deposits $1,780,382
    Deposits held in domestic offices $1,818,865
    % insured (estimated) $71
    Federal funds purchased and repurchase agreements $40,981
    Trading liabilities $0
    Other borrowed funds $45,237
    Subordinated debt $0
    All other liabilities $14,958

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $916,932
    Loan and leases loss allowance $12,811
    Total loans and leases (domestic) $929,743
    All real estate loans $753,248
    Real estate loans in domestic offices $753,248
    Construction and development loans $140,476
    Residential 1-4 family construction $34,866
    Other construction, all land development and other land $105,610
    Loans secured by nonfarm nonresidential properties $318,485
    Nonfarm nonresidential secured by owner-occupied properties $111,348
    Commercial real estate & other non-farm, non-residential $207,137
    Multifamily residential real estate $16,145
    1-4 family residential loans $240,408
    Farmland loans $37,734
    Loans held in foreign offices $0
    Farm loans $14,287
    Commercial and industrial loans $129,316
    To non-U.S. addressees $0
    Loans to individuals $25,770
    Credit card loans $1,458
    Related Plans $352
    Consumer Auto Loans $7,448
    Other loans to individuals $16,512
    All other loans & leases $7,122
    Loans to foreign governments and official institutions $0
    Other loans $1,723
    Loans to depository institutions and acceptances of other banks $1,400
    Loans not secured by real estate $2,126
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $2,418
    Non 1-4 family restructured loans & leases $2,418
    Total loans and leases (foreign) $0

    CB&S Bank had $916,932,000 of loans outstanding in 2020. $753,248,000 of loans were in real estate loans. $140,476,000 of loans were in development loans. $16,145,000 of loans were in multifamily mortgage loans. $240,408,000 of loans were in 1-4 family mortgage loans. $14,287,000 of loans were in farm loans. $1,458,000 of loans were in credit card loans. $7,448,000 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 710 $149,887 $211,108
    Nonfarm, nonresidential loans - <$100k 197 $8,398 $42,629
    Nonfarm, nonresidential loans - $100-250k 226 $27,944 $123,646
    Nonfarm, nonresidential loans - $250k-1MM 287 $113,545 $395,627
    Commercial & Industrial, US addressed loans - <$1MM 1,581 $76,791 $48,571
    Commercial & Industrial, US addressed loans - <$100k 1,315 $28,840 $21,932
    Commercial & Industrial, US addressed loans - $100-250k 176 $19,430 $110,398
    Commercial & Industrial, US addressed loans - $250k-1MM 90 $28,521 $316,900
    Farmland loans - <$1MM 158 $15,408 $97,519
    Farmland loans - <$100k 87 $3,424 $39,356
    Farmland loans - $100-250k 51 $6,356 $124,627
    Farmland loans - $250k-1MM 20 $5,628 $281,400
    Agriculture operations loans - <$1MM 189 $6,845 $36,217
    Agriculture operations loans - <$100k 155 $3,157 $20,368
    Agriculture operations loans - $100-250k 28 $2,720 $97,143
    Agriculture operations loans - $250k-1MM 6 $968 $161,333