The Cecilian Bank Mortgage Rates, Fees & Info

Cecilia, KY

LEI: 549300S2RLEOF6WG7P87

Tax ID: 61-0153205

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

    The Cecilian Bank is a smaller bank specializing in Home Purchase, Cash Out Refi, and Refi loans. The Cecilian Bank has a high proportion of conventional loans. Their top markets by origination volume include: Elizabethtown, Glasgow, Clarksville, Bowling Green, and Owensboro among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Cecilian 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. The Cecilian 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% 4/14/24
    30 Year Conventional Purchase 6.91% 4/14/24
    30 Year Conventional Refi 7.03% 4/14/24
    30 Year Cash-out Refi 7.56% 4/14/24
    30 Year FHA Purchase 6.27% 4/14/24
    30 Year VA Purchase 6.27% 4/14/24
    30 Year USDA Purchase 6.27% 4/14/24
    15 Year Conventional Purchase 6.57% 4/14/24
    15 Year Conventional Refi 6.78% 4/14/24
    15 Year Cash-out Refi 6.78% 4/14/24
    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.

    The Cecilian Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from The Cecilian 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

    577

    Origination Dollar Volume (All Markets)

    $88,445,000

    Employee count

    261

    Awards

    The Cecilian Bank 30 Year Conventional Loans gold The Cecilian Bank 30 Year Conventional Loans gold The Cecilian Bank 30 Year Conventional Loans gold
    Show all (3) 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
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 240 $41,670,000 $173,625 $1,470 4.41%
    Outside of Metro Areas 307 $36,265,000 $118,127 $1,607 4.52%
    Glasgow, KY (FHA|USDA|VA) 20 $5,180,000 $259,000 $1,900 4.19%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $2,015,000 $2,015,000 $0 4.00%
    BOWLING GREEN, KY (FHA|USDA|VA) 4 $1,930,000 $482,500 $1,518 3.65%
    OWENSBORO, KY (FHA|USDA|VA) 1 $375,000 $375,000 $3,199 3.75%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $345,000 $345,000 $0 3.25%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $295,000 $295,000 $3,066 3.25%
    LOUISVILLE, KY (FHA|USDA|VA) 1 $285,000 $285,000 $0 4.25%
    Campbellsville, KY (FHA|USDA|VA) 1 $85,000 $85,000 $1,479 4.05%
    The Cecilian Bank's top markets include Elizabethtown, Glasgow, Clarksville, Bowling Green, and Owensboro among others.

    Their top states include:
  • Kentucky (FHA|USDA|VA)

    • Similar Lenders

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

    The Cecilian Bank
    Similarity Rank: 270
    Abound Federal Credit Union
    Similarity Rank: 288
    L & N Federal Credit Union
    Similarity Rank: 648
    STOCKTON MORTGAGE CORPORATION
    Similarity Rank: 2068
    SOUTH CENTRAL BANK, INC.
    Similarity Rank: 2856
    Republic Bank & Trust Company
    Similarity Rank: 4608
    EVANSVILLE TEACHERS
    Similarity Rank: 4862
    Commonwealth Bank and Trust Company
    Similarity Rank: 5037
    WesBanco
    Similarity Rank: 10416
    Farm Credit Mid-America, ACA
    Similarity Rank: 10578

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 577 $88,445,000 $153,284 $1,568 4.45%

    For 2020, The Cecilian Bank's most frequently originated type of loan was Conventional, with 577 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 188 $30,720,000 $163,404 $1,804 4.60%
    Cash Out Refi 188 $31,750,000 $168,883 $1,553 4.39%
    Refi 153 $23,075,000 $150,817 $1,447 4.17%
    Other 37 $2,345,000 $63,378 $1,224 5.00%
    Home Improvement 11 $555,000 $50,455 $997 4.95%

    For 2020, The Cecilian Bank's most frequently cited loan purpose was Home Purchase, with 188 originations. The 2nd most popular reason was Cash Out Refi, with 188 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 184 $28,590,000 $155,380 $2,010 4.23%
    20 Year 108 $23,380,000 $216,481 $1,546 4.71%
    15 Year 97 $13,945,000 $143,763 $1,477 4.23%
    10 Year 93 $5,145,000 $55,323 $836 5.03%
    Other 82 $17,080,000 $208,293 $1,486 4.15%
    5 Year 12 $280,000 $23,333 $420 4.87%
    3 Year 1 $25,000 $25,000 $944 4.19%

    For 2020, The Cecilian Bank's most frequently cited loan duration was 30 Year, with 184 originations. The 2nd most popular length was 20 Year, with 108 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 364 $36,030,000 $98,984
    $1k-2k 98 $16,270,000 $166,020
    $2k-3k 4 $1,360,000 $340,000

    The Cecilian Bank's average total fees were $2,010, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 364 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 218 $48,370,000 $221,881
    4-5% 201 $25,175,000 $125,249
    5-6% 74 $6,390,000 $86,351
    6-7% 44 $2,120,000 $48,182
    2.5-3% 25 $5,915,000 $236,600
    7-8% 7 $255,000 $36,429
    Over 8% 7 $155,000 $22,143
    % 1 $65,000 $65,000

    During 2020, The Cecilian Bank's average interest rate for loans was 4.23%, while their most frequently originated rate bucket for loans was 3-4%, with 218 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 303 $16,085,000 $53,086 $1,193 4.88%
    $100k-200k 176 $25,200,000 $143,182 $1,960 4.03%
    $200k-400k 79 $20,495,000 $259,430 $2,019 3.87%
    $1MM+ 12 $22,460,000 $1,871,667 $0 3.80%
    $400k-600k 4 $1,970,000 $492,500 $3,560 4.17%
    $600k-1MM 3 $2,235,000 $745,000 $0 3.75%

    2020 saw The Cecilian Bank place emphasis on $100,000 or less loans with 303 originations, totaling $16,085,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 159 $11,115,000 $69,906 $1,453 4.83%
    $50k-75k 141 $14,715,000 $104,362 $1,610 4.58%
    $75k-100k 83 $9,115,000 $109,819 $1,505 4.25%
    $100k-150k 74 $10,810,000 $146,081 $1,761 4.33%
    $150k-250k 44 $7,360,000 $167,273 $1,710 4.13%
    $250k+ 20 $7,590,000 $379,500 $2,188 3.77%

    The Cecilian Bank lent most frequently to those with incomes in the $50k or less range, with 159 originations. The second most popular income band? $50k-75k, with 141 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 167 $17,815,000 $106,677 $1,532 4.44%
    30-36% 100 $12,250,000 $122,500 $1,664 4.29%
    <20% 87 $8,255,000 $94,885 $1,498 4.53%
    >60% 27 $5,855,000 $216,852 $1,441 4.82%
    50-60% 27 $3,615,000 $133,889 $2,127 4.58%
    40% 23 $2,355,000 $102,391 $1,352 4.44%
    39% 18 $2,040,000 $113,333 $1,597 4.37%
    42% 14 $1,520,000 $108,571 $1,275 4.89%
    37% 13 $1,495,000 $115,000 $1,438 4.47%
    38% 11 $1,075,000 $97,727 $1,167 4.78%
    41% 10 $1,140,000 $114,000 $1,835 4.46%
    36% 10 $760,000 $76,000 $1,482 4.08%
    45% 5 $1,925,000 $385,000 $2,519 4.08%
    43% 5 $535,000 $107,000 $1,244 4.75%
    44% 5 $425,000 $85,000 $1,523 4.22%
    49% 5 $735,000 $147,000 $1,836 5.14%
    47% 3 $555,000 $185,000 $2,057 5.57%
    46% 2 $400,000 $200,000 $1,641 4.99%
    48% 1 $35,000 $35,000 $0 4.25%

    The Cecilian Bank lent most frequently to those with DTI ratios of 20-30%, with 167 originations. The next most common DTI ratio? 30-36%, with 100 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 527 $62,335,000 $118,283 $1,564 4.48%
    Not applicable 43 $25,645,000 $596,395 $0 4.05%
    Black 6 $370,000 $61,667 $2,091 4.58%
    Other Asian 1 $95,000 $95,000 $1,667 3.87%

    Approval Rates

    Total approvals of all applications
    92.51%

    The Cecilian Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.54%

    The Cecilian Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    325.0 2 $40,000 $20,000
    425.0 1 $35,000 $35,000
    NA 574 $88,370,000 $153,955

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 23 $26,235,000 $1,140,652
    Single Family (1-4 Units):Manufactured 68 $3,580,000 $52,647
    Single Family (1-4 Units):Site-Built 486 $58,630,000 $120,638

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 49 $3,735,000 $76,224 $1,106 4.34%
    40-60% 85 $11,915,000 $140,176 $1,522 4.42%
    60-80% 245 $43,355,000 $176,959 $1,778 4.27%
    80-100% 140 $25,220,000 $180,143 $1,931 4.37%
    Over 100% 5 $1,995,000 $399,000 $1,249 5.60%
    Under 20% 43 $1,055,000 $24,535 $333 5.72%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The Cecilian Bank 1021 South Main Street Hartford, KY 42347 Full Service B&M $55,511
    The Cecilian Bank 104 East Main Cecilia, KY 42724 Full Service B&M $67,481
    The Cecilian Bank 11 East Hiseville Main Street Hiseville, KY 42152 Full Service B&M $19,199
    The Cecilian Bank 1119 Old Highway 60 East Hardinsburg, KY 40143 Full Service B&M $96,239
    The Cecilian Bank 1211 Hwy 60 East Irvington, KY 40146 Full Service B&M $18,296
    The Cecilian Bank 1625 Elizabethtown Road Leitchfield, KY 42754 Full Service B&M $117,027
    The Cecilian Bank 925 Main Street Munfordville, KY 42765 Full Service B&M $42,277
    The Cecilian Bank 1808 North Dixie Elizabethtown, KY 42701 Full Service B&M $112,108
    The Cecilian Bank 222 South Main Street Hardinsburg, KY 40143 Full Service B&M $8,112
    The Cecilian Bank 227 W. Dixie Avenue Elizabethtown, KY 42701 Full Service B&M $1,652
    The Cecilian Bank 235 East Western Avenue Sonora, KY 42776 Full Service B&M $28,140
    The Cecilian Bank 245 North Dixie Boulevard Radcliff, KY 40160 Full Service B&M $20,258
    The Cecilian Bank 2920 Ring Road Elizabethtown, KY 42701 Full Service B&M $45,901
    The Cecilian Bank 302 Bypass Road Brandenburg, KY 40108 Full Service B&M $37,304
    The Cecilian Bank 3460 Leitchfield Road Cecilia, KY 42724 Full Service B&M $69,645
    The Cecilian Bank 402 South Main Street Leitchfield, KY 42754 Full Service B&M $20,460
    The Cecilian Bank 536 Highland Avenue Vine Grove, KY 40175 Full Service B&M $49,095
    The Cecilian Bank 6151 Rineyville Road Rineyville, KY 40162 Full Service B&M $27,681
    The Cecilian Bank 76 Public Square Leitchfield, KY 42754 Full Service B&M $96,590

    For 2020, The Cecilian Bank had 19 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $42,780
    Net interest income $36,954
    Total noninterest income $7,523
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $2,552
    Trading account gains and fees $0
    Additional Noninterest Income $4,971
    Pre-tax net operating income $15,239
    Securities gains (or losses, -) $38
    Income before extraordinary items $12,939
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $12,939
    Minority interest net income $0
    Net income $12,939
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $12,906

    The Cecilian Bank's gross interest income from loans was $42,780,000.
    The Cecilian Bank's net interest income from loans was $36,954,000.
    The Cecilian Bank's fee based income from loans was $2,552,000.
    The Cecilian Bank's net income from loans was $12,939,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $5,826
    Provision for credit losses $650
    Total noninterest expense $28,588
    Salaries and employee benefits $15,490
    Premises and equipment expense $3,220
    Additional noninterest expense $9,878
    Applicable income taxes $2,338
    Net charge-offs $429
    Cash dividends $7,840

    The Cecilian Bank's interest expense for loans was $5,826,000.
    The Cecilian Bank's payroll and benefits expense were $15,490,000.
    The Cecilian Bank's property, plant and equipment expenses $3,220,000.

    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 0.0%
    Credit card loans 0.8%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,048,228
    Deposits held in domestic offices $1,048,228
    Deposits by Individuals, partnerships, and corporations $919,078
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $121,898
    Deposits by Commercial banks and other depository institutions in U.S. $7,252
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $607,118
    Demand deposits $232,003
    Nontransaction accounts $441,110
    Money market deposit accounts (MMDAs) $52,691
    Other savings deposits (excluding MMDAs) $101,762
    Total time deposits $286,657
    Total time and savings deposits $816,225
    Noninterest-bearing deposits $242,805
    Interest-bearing deposits $805,423
    Retail deposits $966,256
    IRAs and Keogh plan accounts $61,690
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,294,623
    Cash & Balances due from depository institutions $68,023
    Interest-bearing balances $29,238
    Total securities $326,931
    Federal funds sold & reverse repurchase $75,186
    Net loans and leases $775,671
    Loan and leases loss allowance $9,796
    Trading account assets $0
    Bank premises and fixed assets $21,564
    Other real estate owned $437
    Goodwill and other intangibles $12,258
    All other assets $14,553

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,294,623
    Total Liabilities $1,170,173
    Total deposits $1,048,228
    Interest-bearing deposits $805,423
    Deposits held in domestic offices $1,048,228
    % insured (estimated) $75
    Federal funds purchased and repurchase agreements $65,745
    Trading liabilities $0
    Other borrowed funds $50,276
    Subordinated debt $0
    All other liabilities $5,924

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $775,671
    Loan and leases loss allowance $9,796
    Total loans and leases (domestic) $785,467
    All real estate loans $615,025
    Real estate loans in domestic offices $615,025
    Construction and development loans $52,931
    Residential 1-4 family construction $16,425
    Other construction, all land development and other land $36,506
    Loans secured by nonfarm nonresidential properties $214,764
    Nonfarm nonresidential secured by owner-occupied properties $96,037
    Commercial real estate & other non-farm, non-residential $118,727
    Multifamily residential real estate $34,707
    1-4 family residential loans $243,202
    Farmland loans $69,421
    Loans held in foreign offices $0
    Farm loans $20,501
    Commercial and industrial loans $88,783
    To non-U.S. addressees $0
    Loans to individuals $51,274
    Credit card loans $1,559
    Related Plans $17,933
    Consumer Auto Loans $13,274
    Other loans to individuals $18,508
    All other loans & leases $10,763
    Loans to foreign governments and official institutions $0
    Other loans $0
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $3,510
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $937
    Non 1-4 family restructured loans & leases $755
    Total loans and leases (foreign) $0

    The Cecilian Bank had $775,671,000 of loans outstanding in 2020. $615,025,000 of loans were in real estate loans. $52,931,000 of loans were in development loans. $34,707,000 of loans were in multifamily mortgage loans. $243,202,000 of loans were in 1-4 family mortgage loans. $20,501,000 of loans were in farm loans. $1,559,000 of loans were in credit card loans. $13,274,000 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 382 $76,614 $200,560
    Nonfarm, nonresidential loans - <$100k 111 $4,570 $41,171
    Nonfarm, nonresidential loans - $100-250k 115 $14,759 $128,339
    Nonfarm, nonresidential loans - $250k-1MM 156 $57,285 $367,212
    Commercial & Industrial, US addressed loans - <$1MM 971 $43,502 $44,801
    Commercial & Industrial, US addressed loans - <$100k 801 $19,788 $24,704
    Commercial & Industrial, US addressed loans - $100-250k 119 $11,569 $97,218
    Commercial & Industrial, US addressed loans - $250k-1MM 51 $12,145 $238,137
    Farmland loans - <$1MM 466 $46,287 $99,328
    Farmland loans - <$100k 219 $9,856 $45,005
    Farmland loans - $100-250k 168 $19,531 $116,256
    Farmland loans - $250k-1MM 79 $16,900 $213,924
    Agriculture operations loans - <$1MM 477 $16,036 $33,618
    Agriculture operations loans - <$100k 422 $8,881 $21,045
    Agriculture operations loans - $100-250k 40 $3,823 $95,575
    Agriculture operations loans - $250k-1MM 15 $3,332 $222,133