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

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

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Mortgage Data

  • SimulatedRates™
  • Bank Data

    Review & 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 by origination volume include: Dallas, Lubbock, Houston, Austin, and College Station among others. We have data for 152 markets. (Some data included below & more in-depth data is available with an active subscription.)

    City 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. City Bank 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 6.91% 11/26/22
    30 Year Conventional Refi 6.78% 11/26/22
    30 Year Cash-out Refi 7.02% 11/26/22
    30 Year FHA Purchase 7.80% 11/26/22
    30 Year FHA Refi 7.52% 11/26/22
    30 Year VA Purchase 6.55% 11/26/22
    30 Year VA Refi 6.40% 11/26/22
    30 Year USDA Purchase 7.26% 11/26/22
    30 Year USDA Refi 6.61% 11/26/22
    15 Year Conventional Purchase 6.19% 11/26/22
    15 Year Conventional Refi 6.18% 11/26/22
    15 Year Cash-out Refi 6.18% 11/26/22
    15 Year FHA Purchase 6.62% 11/26/22
    15 Year FHA Refi 5.90% 11/26/22
    15 Year VA Purchase 6.21% 11/26/22
    15 Year VA Refi 5.93% 11/26/22
    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

    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 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)

    City Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $5,859.

    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
    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.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • New Mexico (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Similar Lenders

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

    EDUCATION FIRST
    Similarity Rank: 115
    GECU
    Similarity Rank: 124
    First Central Credit Union
    Similarity Rank: 153
    First American Bank
    Similarity Rank: 155
    NECHES
    Similarity Rank: 184
    Citizens Bank of Las Cruces
    Similarity Rank: 208
    MCT Credit Union
    Similarity Rank: 245
    EVOLVE
    Similarity Rank: 272
    AMOCO
    Similarity Rank: 405

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, City Bank's most frequently originated type of loan was Conventional, with 4,723 originations. Their 2nd most popular type was FHA, with 414 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, City Bank's most frequently cited loan purpose was Home Purchase, with 3,279 originations. The 2nd most popular reason was 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 2021, City Bank's most frequently cited loan duration was 30 Year, with 4,003 originations. The 2nd most popular length was 15 Year, with 684 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost 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 180 $74,210,000 $412,278
    $5k+ 130 $101,810,000 $783,154
    $4k-5k 99 $49,345,000 $498,434

    City Bank's average total fees were $5,859, while their most frequently occuring range of origination fees (closing costs) 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 for loans was 3.14%, while their most frequently originated rate bucket for loans was 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 or Islander 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
    93.78%

    City Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    75.58%

    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 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 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 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