City Bank Mortgage Rates, Fees & Info

Lubbock, TX

LEI: 549300VHBALPLHRR4080

Tax ID: 75-1952906

3.9 stars - out of 5 stars, based on 73 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

City Bank is a small bank specializing in Home Purchase and Refi loans. City Bank 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 include Dallas, Lubbock, Houston, Austin, and College Station among others. City Bank has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. City Bank is typically an average fee lendor.


Originations

5,393

Origination Dollar Volume (All Markets)

$1,695,215,000

Employee count

647

Awards

City Bank 30 Year Conventional Loans bronze City Bank FHA Loans bronze City Bank FHA Loans bronze City Bank 30 Year Conventional Loans gold
Show all (4) awards

Relative Rate

City Bank's average 30 year fixed rate mortgage of loans were 3.14%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.01%.

Relative Fees

City Bank's average total fees for a 30 year fixed rate mortgage are $5,859.

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

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1,770 $718,150,000 $405,734 $6,020 3.08%
LUBBOCK, TX (FHA|USDA|VA) 908 $203,470,000 $224,086 $4,860 3.40%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 267 $114,525,000 $428,933 $5,711 3.57%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 227 $84,985,000 $374,383 $5,477 3.01%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 313 $81,315,000 $259,792 $4,693 3.13%
EL PASO, TX (FHA|USDA|VA) 339 $76,305,000 $225,088 $6,102 3.09%
ABILENE, TX (FHA|USDA|VA) 331 $75,425,000 $227,870 $5,587 3.05%
Outside of Metro Areas 195 $52,715,000 $270,333 $5,294 3.18%
WACO, TX (FHA|USDA|VA) 155 $40,765,000 $263,000 $5,586 3.30%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 144 $31,380,000 $217,917 $5,209 3.48%
Ruidoso, NM (FHA|USDA|VA) 121 $28,575,000 $236,157 $4,775 3.39%
Levelland, TX (FHA|USDA|VA) 77 $13,175,000 $171,104 $4,497 3.53%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 42 $12,990,000 $309,286 $6,155 3.27%
AMARILLO, TX (FHA|USDA|VA) 19 $11,105,000 $584,474 $5,735 4.03%
MIDLAND, TX (FHA|USDA|VA) 37 $10,885,000 $294,189 $6,031 3.25%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 15 $8,085,000 $539,000 $7,907 3.22%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 12 $6,220,000 $518,333 $7,722 3.08%
CORPUS CHRISTI, TX (FHA|USDA|VA) 13 $5,445,000 $418,846 $6,249 3.43%
OKLAHOMA CITY, OK (FHA|USDA|VA) 17 $5,335,000 $313,824 $6,497 3.23%
SHERMAN-DENISON, TX (FHA|USDA|VA) 17 $5,025,000 $295,588 $7,103 3.29%
ODESSA, TX (FHA|USDA|VA) 20 $4,230,000 $211,500 $5,494 3.45%
Alamogordo, NM (FHA|USDA|VA) 20 $4,090,000 $204,500 $4,013 3.29%
LAS CRUCES, NM (FHA|USDA|VA) 16 $3,690,000 $230,625 $4,942 3.17%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 8 $3,390,000 $423,750 $7,018 3.09%
Athens, TX (FHA|USDA|VA) 12 $3,240,000 $270,000 $5,172 3.29%
Granbury, TX (FHA|USDA|VA) 11 $3,135,000 $285,000 $5,082 3.31%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 9 $2,945,000 $327,222 $4,687 3.06%
TYLER, TX (FHA|USDA|VA) 15 $2,925,000 $195,000 $5,288 3.53%
Stephenville, TX (FHA|USDA|VA) 9 $2,635,000 $292,778 $5,944 3.26%
SANTA FE, NM (FHA|USDA|VA) 3 $2,625,000 $875,000 $7,613 3.00%
Breckenridge, CO (FHA|USDA|VA) 1 $2,505,000 $2,505,000 $0 3.75%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 14 $2,470,000 $176,429 $4,497 3.18%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 6 $2,210,000 $368,333 $4,135 2.75%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 5 $1,995,000 $399,000 $5,244 2.80%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 9 $1,925,000 $213,889 $4,921 2.89%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 4 $1,800,000 $450,000 $7,676 2.88%
Glenwood Springs, CO (FHA|USDA|VA) 1 $1,765,000 $1,765,000 $13,696 4.50%
Plainview, TX (FHA|USDA|VA) 8 $1,760,000 $220,000 $6,081 3.28%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 3 $1,635,000 $545,000 $5,514 3.13%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $1,605,000 $1,605,000 $8,783 2.88%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3 $1,395,000 $465,000 $7,644 2.92%
Corsicana, TX (FHA|USDA|VA) 5 $1,355,000 $271,000 $7,797 3.40%
Bonham, TX (FHA|USDA|VA) 5 $1,345,000 $269,000 $8,087 3.05%
Gainesville, TX (FHA|USDA|VA) 4 $1,270,000 $317,500 $6,607 3.41%
WICHITA FALLS, TX (FHA|USDA|VA) 5 $1,265,000 $253,000 $5,832 2.98%
Kerrville, TX (FHA|USDA|VA) 5 $1,195,000 $239,000 $7,324 2.78%
Fredericksburg, TX (FHA|USDA|VA) 3 $1,165,000 $388,333 $6,267 3.04%
Brenham, TX (FHA|USDA|VA) 4 $1,140,000 $285,000 $4,394 2.66%
JACKSONVILLE, FL (FHA|USDA|VA) 4 $1,100,000 $275,000 $4,282 3.13%
Taos, NM (FHA|USDA|VA) 5 $1,025,000 $205,000 $5,427 3.28%
GREELEY, CO (FHA|USDA|VA) 2 $990,000 $495,000 $4,776 2.69%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 3 $975,000 $325,000 $2,545 3.42%
Brownwood, TX (FHA|USDA|VA) 4 $950,000 $237,500 $4,722 3.34%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 3 $945,000 $315,000 $4,049 2.88%
TULSA, OK (FHA|USDA|VA) 4 $940,000 $235,000 $6,475 3.47%
WENATCHEE, WA (FHA|USDA|VA) 1 $925,000 $925,000 $12,006 3.25%
Mineral Wells, TX (FHA|USDA|VA) 3 $875,000 $291,667 $6,088 3.08%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $845,000 $845,000 $7,109 2.88%
FORT COLLINS, CO (FHA|USDA|VA) 2 $840,000 $420,000 $4,077 3.25%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $795,000 $795,000 $17,494 2.75%
Snyder, TX (FHA|USDA|VA) 11 $755,000 $68,636 $6,116 4.10%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $755,000 $755,000 $8,995 3.13%
Laconia, NH (FHA|USDA|VA) 1 $725,000 $725,000 $27,310 3.25%
BOULDER, CO (FHA|USDA|VA) 1 $725,000 $725,000 $5,825 3.00%
Sweetwater, TX (FHA|USDA|VA) 3 $715,000 $238,333 $4,678 3.46%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $690,000 $345,000 $3,185 2.69%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 2 $690,000 $345,000 $5,673 2.44%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $685,000 $685,000 $12,629 3.00%
Warsaw, IN (FHA|USDA|VA) 1 $665,000 $665,000 $8,902 3.13%
Nacogdoches, TX (FHA|USDA|VA) 4 $660,000 $165,000 $4,015 3.78%
LONGVIEW, TX (FHA|USDA|VA) 3 $655,000 $218,333 $5,765 2.92%
Steamboat Springs, CO (FHA|USDA|VA) 1 $655,000 $655,000 $3,499 2.50%
SALT LAKE CITY, UT (FHA|USDA|VA) 2 $640,000 $320,000 $4,599 2.94%
ALBUQUERQUE, NM (FHA|USDA|VA) 3 $615,000 $205,000 $4,048 2.88%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $585,000 $585,000 $7,937 2.75%
LAKE CHARLES, LA (FHA|USDA|VA) 2 $580,000 $290,000 $3,699 2.94%
Andrews, TX (FHA|USDA|VA) 2 $570,000 $285,000 $9,247 3.25%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $565,000 $565,000 $8,074 3.63%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 3 $555,000 $185,000 $4,619 3.63%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $545,000 $545,000 $3,533 3.25%
Outside of Metro Areas 1 $545,000 $545,000 $6,933 2.50%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $545,000 $545,000 $7,657 2.63%
Sevierville, TN (FHA|USDA|VA) 1 $545,000 $545,000 $4,493 3.25%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $545,000 $545,000 $3,678 2.63%
Rockport, TX (FHA|USDA|VA) 2 $540,000 $270,000 $14,139 3.69%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $535,000 $535,000 $6,286 2.25%
KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $535,000 $178,333 $3,085 3.54%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $510,000 $255,000 $4,828 2.94%
VICTORIA, TX (FHA|USDA|VA) 2 $500,000 $250,000 $5,197 3.13%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $485,000 $485,000 $5,418 2.25%
WICHITA, KS (FHA|USDA|VA) 2 $470,000 $235,000 $4,386 2.69%
El Campo, TX (FHA|USDA|VA) 2 $460,000 $230,000 $4,815 3.25%
Lamesa, TX (FHA|USDA|VA) 2 $460,000 $230,000 $7,057 3.38%
ST. LOUIS, MO-IL (FHA|USDA|VA) 3 $425,000 $141,667 $5,213 4.08%
McAlester, OK (FHA|USDA|VA) 1 $425,000 $425,000 $6,586 3.63%
ROME, GA (FHA|USDA|VA) 1 $415,000 $415,000 $4,095 2.50%
Portales, NM (FHA|USDA|VA) 2 $410,000 $205,000 $5,448 3.00%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $395,000 $395,000 $0 4.25%
RICHMOND, VA (FHA|USDA|VA) 1 $395,000 $395,000 $2,961 2.88%
PANAMA CITY, FL (FHA|USDA|VA) 1 $385,000 $385,000 $6,150 2.75%
LYNCHBURG, VA (FHA|USDA|VA) 1 $375,000 $375,000 $0 2.88%
Bozeman, MT (FHA|USDA|VA) 1 $365,000 $365,000 $4,461 2.75%
Hilo, HI (FHA|USDA|VA) 1 $365,000 $365,000 $5,135 4.25%
COLUMBIA, SC (FHA|USDA|VA) 1 $355,000 $355,000 $4,252 3.38%
Fernley, NV (FHA|USDA|VA) 1 $345,000 $345,000 $3,522 3.13%
PROVO-OREM, UT (FHA|USDA|VA) 1 $345,000 $345,000 $3,874 3.50%
Duncan, OK (FHA|USDA|VA) 2 $340,000 $170,000 $5,661 3.13%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $335,000 $335,000 $5,019 2.63%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $325,000 $325,000 $3,243 3.25%
DOTHAN, AL (FHA|USDA|VA) 1 $325,000 $325,000 $3,776 3.25%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $325,000 $325,000 $3,438 3.00%
SAN ANGELO, TX (FHA|USDA|VA) 2 $320,000 $160,000 $3,675 3.00%
Vernon, TX (FHA|USDA|VA) 1 $315,000 $315,000 $5,784 3.25%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $315,000 $315,000 $4,076 2.25%
Georgetown, SC (FHA|USDA|VA) 1 $305,000 $305,000 $0 3.00%
Kingsville, TX (FHA|USDA|VA) 1 $305,000 $305,000 $4,618 2.75%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $295,000 $295,000 $2,904 2.88%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $295,000 $295,000 $4,890 3.63%
Hereford, TX (FHA|USDA|VA) 2 $290,000 $145,000 $4,175 3.81%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $285,000 $285,000 $0 3.38%
HOT SPRINGS, AR (FHA|USDA|VA) 1 $285,000 $285,000 $2,635 3.38%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $275,000 $275,000 $5,487 3.38%
Uvalde, TX (FHA|USDA|VA) 1 $255,000 $255,000 $7,955 2.63%
MONTGOMERY, AL (FHA|USDA|VA) 1 $255,000 $255,000 $3,077 2.88%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $245,000 $245,000 $4,464 2.50%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $245,000 $245,000 $4,334 2.88%
Kalispell, MT (FHA|USDA|VA) 1 $245,000 $245,000 $2,993 2.75%
Big Spring, TX (FHA|USDA|VA) 1 $235,000 $235,000 $5,759 3.13%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $235,000 $235,000 $0 3.75%
Ukiah, CA (FHA|USDA|VA) 1 $225,000 $225,000 $4,690 2.50%
OCALA, FL (FHA|USDA|VA) 1 $225,000 $225,000 $0 3.63%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $215,000 $215,000 $3,487 3.00%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $215,000 $215,000 $7,617 2.88%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $215,000 $215,000 $3,844 2.63%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $205,000 $205,000 $7,252 2.38%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $205,000 $205,000 $3,389 2.75%
Ardmore, OK (FHA|USDA|VA) 1 $205,000 $205,000 $3,804 2.63%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $205,000 $205,000 $3,594 3.25%
Jacksonville, TX (FHA|USDA|VA) 1 $205,000 $205,000 $2,394 2.75%
LAFAYETTE, LA (FHA|USDA|VA) 1 $185,000 $185,000 $4,161 3.75%
Pampa, TX (FHA|USDA|VA) 1 $175,000 $175,000 $7,104 3.50%
Rochelle, IL (FHA|USDA|VA) 1 $165,000 $165,000 $3,993 3.63%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $165,000 $165,000 $3,645 3.13%
Carlsbad-Artesia, NM (FHA|USDA|VA) 1 $155,000 $155,000 $5,062 2.88%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $155,000 $155,000 $6,000 3.50%
Roswell, NM (FHA|USDA|VA) 1 $155,000 $155,000 $5,833 2.50%
Pecos, TX (FHA|USDA|VA) 1 $145,000 $145,000 $9,165 4.50%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $145,000 $145,000 $2,518 3.13%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $135,000 $135,000 $0 4.13%
WILMINGTON, NC (FHA|USDA|VA) 1 $135,000 $135,000 $0 4.25%
Silver City, NM (FHA|USDA|VA) 1 $125,000 $125,000 $0 3.75%
JACKSON, MS (FHA|USDA|VA) 1 $115,000 $115,000 $2,628 2.50%

City Bank's top markets include Dallas, Lubbock, Houston, Austin, and College Station among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 4,723 $1,530,125,000 $323,973 $5,173 3.24%
FHA 414 $85,360,000 $206,184 $7,978 3.12%
VA 247 $78,525,000 $317,915 $7,761 2.74%
USDA 9 $1,205,000 $133,889 $5,294 3.01%

For the 2021 period, City Bank's most frequently originated loan type of loans were Conventional, with 4,723 originations. Their 2nd most popular type is FHA, with 414 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 3,279 $1,015,245,000 $309,620 $6,119 3.29%
Refi 1,328 $459,930,000 $346,333 $4,477 2.96%
Cash Out Refi 669 $196,685,000 $293,999 $5,439 3.19%
Other 78 $19,640,000 $251,795 $5,234 3.19%
Home Improvement 39 $3,715,000 $95,256 $2,144 4.96%

For the 2021, City Bank's most frequently cited loan purpose of loans were Home Purchase, with 3,279 originations. The 2nd most popular reason of loans were Refi, with 1,328 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 4,003 $1,266,345,000 $316,349 $5,859 3.14%
15 Year 684 $167,680,000 $245,146 $4,424 2.79%
20 Year 280 $64,320,000 $229,714 $4,236 3.67%
Other 129 $79,845,000 $618,953 $3,608 4.10%
1 Year 119 $27,935,000 $234,748 $2,767 4.65%
5 Year 110 $67,290,000 $611,727 $0 4.35%
10 Year 56 $10,590,000 $189,107 $3,851 3.39%
30+ year 12 $11,210,000 $934,167 $16,348 3.95%

For the 2021, City Bank's most frequently cited loan length of loans were 30 Year, with 4,003 originations. The 2nd most popular length of loans were 15 Year, with 684 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 3,208 $951,550,000 $296,618
$<1k 456 $101,650,000 $222,917
$2k-3k 364 $125,800,000 $345,604
$3k-4k 279 $123,555,000 $442,849
$5k+ 130 $101,810,000 $783,154

$5,859 of loans were City Bank's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 3,208 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 2,182 $713,980,000 $327,214
2.5-3% 2,032 $652,600,000 $321,161
<2.5% 556 $170,020,000 $305,791
4-5% 538 $148,170,000 $275,409
5-6% 72 $8,690,000 $120,694
6-7% 13 $1,755,000 $135,000

During 2021, City Bank's average interest rate of loans were 3.14%, while their most frequently originated rate bucket of loans were 3-4%, with 2,182 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 2,226 $626,790,000 $281,577 $5,449 3.07%
$100k-200k 1,584 $240,360,000 $151,742 $4,408 3.32%
$400k-600k 846 $408,920,000 $483,357 $6,315 2.97%
$100,000 or less 431 $31,395,000 $72,842 $3,186 3.95%
$600k-1MM 201 $154,225,000 $767,289 $9,576 3.22%
$1MM+ 105 $233,525,000 $2,224,048 $15,050 3.34%

2021 saw City Bank place emphasis on $200k-400k loans with 2,226 originations, totaling $626,790,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 1,145 $314,375,000 $274,563 $5,170 3.11%
$150k-250k 1,023 $376,125,000 $367,669 $5,653 3.09%
$50k-75k 822 $162,630,000 $197,847 $5,118 3.15%
$75k-100k 782 $186,570,000 $238,581 $5,395 3.12%
$250k+ 716 $385,230,000 $538,031 $7,772 3.14%
$50k or less 436 $62,960,000 $144,404 $4,788 3.18%

City Bank lent most frequently to those with incomes in the $100k-150k range, with 1,145 originations. The second most popular income band? $150k-250k, with 1,023 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,082 $343,430,000 $317,403 $5,198 3.03%
30-36% 881 $276,205,000 $313,513 $5,593 3.11%
<20% 363 $116,445,000 $320,785 $5,006 3.01%
44% 222 $61,320,000 $276,216 $5,688 3.17%
43% 208 $62,220,000 $299,135 $5,873 3.14%
41% 200 $62,260,000 $311,300 $5,700 3.10%
42% 192 $68,350,000 $355,990 $5,836 3.13%
39% 191 $59,295,000 $310,445 $5,551 3.15%
36% 190 $57,740,000 $303,895 $5,552 3.10%
38% 183 $53,615,000 $292,978 $5,523 3.14%
49% 170 $46,870,000 $275,706 $5,673 3.05%
40% 166 $47,740,000 $287,590 $5,382 3.16%
50-60% 162 $40,220,000 $248,272 $7,768 3.15%
37% 157 $52,575,000 $334,873 $5,964 3.10%
45% 148 $37,940,000 $256,351 $5,820 3.22%
46% 134 $37,710,000 $281,418 $6,225 3.19%
48% 124 $34,830,000 $280,887 $5,660 3.10%
47% 121 $31,265,000 $258,388 $5,361 3.13%
>60% 9 $2,685,000 $298,333 $5,508 3.02%

City Bank lent most frequently to those with DTI ratios of 20-30%, with 1,082 originations. The next most common DTI ratio? 30-36%, with 881 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 4,250 $1,296,020,000 $304,946 $5,543 3.11%
Not applicable 377 $180,895,000 $479,828 $0 4.39%
Not provided 389 $113,355,000 $291,401 $5,532 3.20%
Asian 165 $46,245,000 $280,273 $5,806 3.11%
Black 110 $31,160,000 $283,273 $6,682 3.03%
American Indian 52 $12,930,000 $248,654 $5,293 3.11%
Asian Indian 23 $7,595,000 $330,217 $6,067 2.94%
Other Asian 6 $2,080,000 $346,667 $6,908 3.79%
Native Hawaiian 7 $1,865,000 $266,429 $5,695 3.21%
Filipino 5 $1,095,000 $219,000 $6,667 3.20%
Other Pacific Islander 2 $670,000 $335,000 $8,639 2.63%
Korean 2 $550,000 $275,000 $3,640 3.19%
Chinese 3 $465,000 $155,000 $2,963 3.46%
Vietnamese 1 $185,000 $185,000 $4,008 3.25%
Japanese 1 $105,000 $105,000 $0 4.88%

Approval Rates

Total approvals of all applications
92.65%

City Bank has an average approval rate.

Pick Rate

Approvals leading to origination
73.68%

City Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 5,393 $1,695,215,000 $314,336

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
5,393 $1,695,215,000 $314,336

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 231 $78,165,000 $338,377 $4,272 3.17%
40-60% 785 $248,195,000 $316,172 $4,801 3.10%
60-80% 2,099 $718,185,000 $342,156 $5,408 3.28%
80-100% 2,188 $629,600,000 $287,751 $5,939 3.16%
Over 100% 52 $15,690,000 $301,731 $13,023 2.96%
Under 20% 37 $4,035,000 $109,054 $2,339 4.55%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
CATHAY BANK Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 25.0%
CATHAY BANK Conventional home mortgage Trouble during payment process 2 50.0%
CATHAY BANK Home equity loan or line of credit (HELOC) Closing on a mortgage 1 25.0%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
City Bank 7901 N. Mesa El Paso, TX 79932 Full Service B&M $128,749
City Bank 214 South Main Monahans, TX 79756 Full Service B&M $19,454
City Bank 2426 North Grandview Avenue Odessa, TX 79761 Full Service B&M $27,271
City Bank 2525 Mckinnon Street, Suite 100 Dallas, TX 75201 Full Service B&M $52,455
City Bank 304 West 1st Idalou, TX 79329 Full Service B&M $56,845
City Bank 3251 50th Street Lubbock, TX 79413 Full Service B&M $87,310
City Bank 400 W. Illinois, Suite 100 Midland, TX 79701 Full Service B&M $20,383
City Bank 5219 City Bank Parkway Lubbock, TX 79407 Full Service B&M $1,211,265
City Bank 5506 4th Street Lubbock, TX 79416 Full Service B&M $96,322
City Bank 600 College Avenue Levelland, TX 79336 Full Service B&M $201,726
City Bank 611 University Lubbock, TX 79401 Full Service B&M $50,906
City Bank 6524 82nd Street Lubbock, TX 79424 Full Service B&M $174,294
City Bank 7500 Dallas Pkwy, Ste 100 Plano, TX 75024 Full Service B&M $87,892
City Bank 771 E. Hwy 80 Forney, TX 75126 Full Service Retail $269,449
City Bank 100 West Austin Street Kermit, TX 79745 Full Service B&M $56,538
City Bank 107 West Taylor Street Morton, TX 79346 Full Service B&M $55,898
City Bank 135 El Paso Rd Ruidoso, NM 88345 Full Service B&M $916
City Bank 1409 University Drive East College Station, TX 77840 Full Service B&M $68,904
City Bank 1418 George Dieter El Paso, TX 79936 Full Service B&M $34,338
City Bank 1501 West University Boulevard Odessa, TX 79764 Full Service B&M $90,863
City Bank 1850 Sudderth Drive Ruidoso, NM 88345 Full Service B&M $167,073
City Bank 205 South Allen Monahans, TX 79756 Limited, Drive-thru $0
City Bank 210 North Oak Street Kermit, TX 79745 Limited, Drive-thru $0
City Bank 8009 University Ave. Lubbock, TX 79423 Full Service B&M $76,428
City Bank 809 W. Dickinson Blvd. Fort Stockton, TX 79735 Full Service B&M $58,244
City Bank 8201 Quaker Avenue Lubbock, TX 79424 Full Service B&M $113,423
City Bank 825 Town And Country Lane Houston, TX 77024 Full Service B&M $37,201

For 2021, City Bank had 27 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $135,010
Net interest income $126,674
Total noninterest income $97,454
Gross Fiduciary activities income $2,917
Service charges on deposit accounts $6,963
Trading account gains and fees $0
Additional Noninterest Income $87,574
Pre-tax net operating income $79,497
Securities gains (or losses, -) $0
Income before extraordinary items $63,651
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $63,651
Minority interest net income $0
Net income $63,651
Sale, conversion, retirement of capital stock, net $0
Net operating income $63,651

City Bank's gross interest income from loans was $135,010,000.
City Bank's net interest income from loans was $126,674,000.
City Bank's fee based income from loans was $6,963,000.
City Bank's net income from loans was $63,651,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $8,336
Provision for credit losses $-1,918
Total noninterest expense $146,549
Salaries and employee benefits $93,258
Premises and equipment expense $14,560
Additional noninterest expense $38,731
Applicable income taxes $15,846
Net charge-offs $1,537
Cash dividends $48,250

City Bank's interest expense for loans was $8,336,000.
City Bank's payroll and benefits expense were $93,258,000.
City Bank's property, plant and equipment expenses $14,560,000.

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 0.1%
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 $3,436,684
Deposits held in domestic offices $3,436,684
Deposits by Individuals, partnerships, and corporations $3,079,244
Deposits by U.S. Government $3
Deposits by States and political subdivisions in the U.S. $331,449
Deposits by Commercial banks and other depository institutions in U.S. $25,987
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $671,320
Demand deposits $392,154
Nontransaction accounts $2,765,363
Money market deposit accounts (MMDAs) $2,276,464
Other savings deposits (excluding MMDAs) $149,162
Total time deposits $339,739
Total time and savings deposits $3,044,529
Noninterest-bearing deposits $1,166,829
Interest-bearing deposits $2,269,855
Retail deposits $3,224,203
IRAs and Keogh plan accounts $32,764
Brokered deposits $55,500
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $3,899,486
Cash & Balances due from depository institutions $485,989
Interest-bearing balances $418,396
Total securities $724,504
Federal funds sold & reverse repurchase $0
Net loans and leases $2,471,986
Loan and leases loss allowance $42,098
Trading account assets $0
Bank premises and fixed assets $56,768
Other real estate owned $1,017
Goodwill and other intangibles $45,102
All other assets $114,120

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $3,899,486
Total Liabilities $3,470,366
Total deposits $3,436,684
Interest-bearing deposits $2,269,855
Deposits held in domestic offices $3,436,684
% insured (estimated) $66
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $33,682

Issued Loan Types

Type Value (in 000's)
Net loans and leases $2,471,986
Loan and leases loss allowance $42,098
Total loans and leases (domestic) $2,514,084
All real estate loans $1,691,973
Real estate loans in domestic offices $1,691,973
Construction and development loans $323,132
Residential 1-4 family construction $148,711
Other construction, all land development and other land $174,421
Loans secured by nonfarm nonresidential properties $677,669
Nonfarm nonresidential secured by owner-occupied properties $244,367
Commercial real estate & other non-farm, non-residential $433,302
Multifamily residential real estate $138,831
1-4 family residential loans $464,197
Farmland loans $88,144
Loans held in foreign offices $0
Farm loans $90,631
Commercial and industrial loans $411,426
To non-U.S. addressees $0
Loans to individuals $316,814
Credit card loans $1,909
Related Plans $1,473
Consumer Auto Loans $246,765
Other loans to individuals $66,667
All other loans & leases $3,240
Loans to foreign governments and official institutions $0
Other loans $2,712
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

City Bank had $2,471,986,000 of loans outstanding in 2021. $1,691,973,000 of loans were in real estate loans. $323,132,000 of loans were in development loans. $138,831,000 of loans were in multifamily mortgage loans. $464,197,000 of loans were in 1-4 family mortgage loans. $90,631,000 of loans were in farm loans. $1,909,000 of loans were in credit card loans. $246,765,000 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 469 $125,442 $267,467
Nonfarm, nonresidential loans - <$100k 63 $2,692 $42,730
Nonfarm, nonresidential loans - $100-250k 159 $20,771 $130,635
Nonfarm, nonresidential loans - $250k-1MM 247 $101,979 $412,870
Commercial & Industrial, US addressed loans - <$1MM 1,720 $122,528 $71,237
Commercial & Industrial, US addressed loans - <$100k 1,210 $30,694 $25,367
Commercial & Industrial, US addressed loans - $100-250k 294 $32,187 $109,480
Commercial & Industrial, US addressed loans - $250k-1MM 216 $59,647 $276,144
Farmland loans - <$1MM 102 $12,857 $126,049
Farmland loans - <$100k 39 $1,542 $39,538
Farmland loans - $100-250k 39 $4,887 $125,308
Farmland loans - $250k-1MM 24 $6,428 $267,833
Agriculture operations loans - <$1MM 193 $14,570 $75,492
Agriculture operations loans - <$100k 109 $2,939 $26,963
Agriculture operations loans - $100-250k 43 $3,691 $85,837
Agriculture operations loans - $250k-1MM 41 $7,940 $193,659