City Bank Mortgage Rates, Fees & Info
Lubbock, TXLEI: 549300VHBALPLHRR4080
Tax ID: 75-1952906
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Mortgage Data
Bank Data
Review & Overview
City Bank is a smaller bank specializing in Home Purchase 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, El Paso, College Station, and Austin among others. We have data for 119 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.77% | 4/21/24 |
| 30 Year Conventional Refi | 6.64% | 4/21/24 |
| 30 Year Cash-out Refi | 7.00% | 4/21/24 |
| 30 Year FHA Purchase | 7.53% | 4/21/24 |
| 30 Year FHA Refi | 7.38% | 4/21/24 |
| 30 Year VA Purchase | 6.09% | 4/21/24 |
| 30 Year USDA Purchase | 6.96% | 4/21/24 |
| 15 Year Conventional Purchase | 6.34% | 4/21/24 |
| 15 Year Conventional Refi | 6.22% | 4/21/24 |
| 15 Year Cash-out Refi | 6.22% | 4/21/24 |
| 15 Year FHA Purchase | 7.16% | 4/21/24 |
| 15 Year FHA Refi | 5.68% | 4/21/24 |
| 15 Year VA Purchase | 6.05% | 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. | ||
City Bank Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
2,648Origination Dollar Volume (All Markets)
$574,240,000Employee count
684Awards
City Bank - 2018
City Bank is a 2018 , due to their low .
For 2018, less than of lenders were eligible for this award.
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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) | 548 | $145,640,000 | $265,766 | $5,732 | 4.86% |
| LUBBOCK, TX (FHA|USDA|VA) | 647 | $119,715,000 | $185,031 | $4,521 | 4.90% |
| EL PASO, TX (FHA|USDA|VA) | 320 | $67,810,000 | $211,906 | $5,427 | 4.76% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 212 | $47,490,000 | $224,009 | $4,541 | 4.83% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 97 | $37,155,000 | $383,041 | $6,304 | 4.87% |
| ABILENE, TX (FHA|USDA|VA) | 184 | $34,090,000 | $185,272 | $5,145 | 4.71% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 164 | $29,540,000 | $180,122 | $4,919 | 5.20% |
| Outside of Metro Areas | 95 | $15,825,000 | $166,579 | $4,744 | 5.01% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 53 | $11,565,000 | $218,208 | $5,601 | 4.78% |
| Ruidoso, NM (FHA|USDA|VA) | 45 | $8,945,000 | $198,778 | $4,276 | 5.14% |
| Levelland, TX (FHA|USDA|VA) | 48 | $7,100,000 | $147,917 | $4,648 | 5.05% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 13 | $2,585,000 | $198,846 | $4,663 | 5.25% |
| LAS CRUCES, NM (FHA|USDA|VA) | 13 | $2,155,000 | $165,769 | $5,084 | 4.89% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 7 | $1,995,000 | $285,000 | $4,925 | 4.68% |
| El Campo, TX (FHA|USDA|VA) | 8 | $1,970,000 | $246,250 | $6,505 | 5.05% |
| MIDLAND, TX (FHA|USDA|VA) | 7 | $1,955,000 | $279,286 | $4,513 | 4.93% |
| AMARILLO, TX (FHA|USDA|VA) | 12 | $1,800,000 | $150,000 | $3,342 | 5.43% |
| Alamogordo, NM (FHA|USDA|VA) | 9 | $1,535,000 | $170,556 | $5,790 | 4.88% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 4 | $1,500,000 | $375,000 | $7,638 | 5.55% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 4 | $1,390,000 | $347,500 | $3,817 | 5.06% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $1,190,000 | $595,000 | $4,329 | 5.19% |
| Plainview, TX (FHA|USDA|VA) | 8 | $1,160,000 | $145,000 | $4,523 | 5.11% |
| Carlsbad-Artesia, NM (FHA|USDA|VA) | 4 | $1,020,000 | $255,000 | $4,901 | 5.38% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 4 | $920,000 | $230,000 | $4,502 | 4.19% |
| Lamesa, TX (FHA|USDA|VA) | 8 | $910,000 | $113,750 | $3,602 | 5.69% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 6 | $790,000 | $131,667 | $4,125 | 5.25% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 5 | $755,000 | $151,000 | $4,729 | 4.73% |
| Andrews, TX (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $6,079 | 4.75% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $11,247 | 4.25% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $1,712 | 4.71% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $3,014 | 5.31% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $4,640 | 5.00% |
| Hobbs, NM (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $1,179 | 5.34% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $4,516 | 4.62% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $2,037 | 5.25% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $4,103 | 4.75% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $5,546 | 4.44% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $7,008 | 4.50% |
| VICTORIA, TX (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $3,665 | 4.88% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $4,128 | 4.94% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $7,670 | 4.88% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $4,691 | 4.67% |
| Key West, FL (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 5.50% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $3,583 | 4.13% |
| FRESNO, CA (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $5,881 | 4.81% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $4,476 | 5.08% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $0 | 4.71% |
| Sweetwater, TX (FHA|USDA|VA) | 4 | $470,000 | $117,500 | $4,336 | 4.53% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $6,891 | 4.88% |
| Brenham, TX (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $18,475 | 4.63% |
| Snyder, TX (FHA|USDA|VA) | 4 | $400,000 | $100,000 | $3,827 | 5.06% |
| TYLER, TX (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 5.25% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $16,044 | 4.50% |
| Jacksonville, TX (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $10,825 | 4.75% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,185 | 4.88% |
| ODESSA, TX (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $7,806 | 4.95% |
| BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $4,780 | 4.75% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $2,316 | 4.88% |
| SANTA FE, NM (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $3,338 | 4.88% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $4,083 | 4.88% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,451 | 5.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $6,889 | 4.88% |
| Mineral Wells, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,574 | 5.13% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $5,191 | 4.75% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,217 | 4.88% |
| Stephenville, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,066 | 5.25% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,556 | 4.88% |
| Lake City, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,959 | 5.13% |
| JONESBORO, AR (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $6,739 | 5.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,411 | 5.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 4.38% |
| WACO, TX (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $3,435 | 4.63% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,149 | 6.13% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 5.74% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,395 | 4.25% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,686 | 4.38% |
| OCALA, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $1,390 | 4.38% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,791 | 4.88% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $1,832 | 4.50% |
| Zapata, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,456 | 4.88% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $5,683 | 4.63% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $5,364 | 4.50% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $1,491 | 4.99% |
| Brownwood, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,677 | 4.38% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,863 | 5.00% |
| Big Spring, TX (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $1,953 | 5.00% |
| OWENSBORO, KY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,141 | 5.00% |
| Garden City, KS (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,884 | 5.63% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,770 | 4.63% |
| Sterling, CO (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,702 | 4.75% |
| Dumas, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,442 | 4.88% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,405 | 4.50% |
| Kinston, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $7,476 | 4.38% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,803 | 4.88% |
| Holland, MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,668 | 5.13% |
| McAlester, OK (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,567 | 5.25% |
| Ardmore, OK (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,591 | 4.50% |
| Clovis, NM (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $2,853 | 5.13% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,709 | 5.25% |
| Altus, OK (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,329 | 5.00% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,979 | 4.75% |
| Greenwood, SC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,230 | 5.25% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 5.88% |
| LAFAYETTE, LA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,446 | 4.75% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 5.50% |
| Roswell, NM (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $1,833 | 4.75% |
| DuBois, PA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,776 | 4.75% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $2,867 | 5.63% |
| Hilo, HI (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 5.75% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 5.13% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,405 | 5.25% |
| Granbury, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,446 | 4.75% |
| Bay City, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $6,597 | 5.00% |
| Raymondville, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,850 | 4.88% |
| Branson, MO (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,254 | 5.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,616 | 5.00% |
| Woodward, OK (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 5.50% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,783 | 4.38% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 6.25% |
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.
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Product Mix
For 2018, City Bank's most frequently originated type of loan was Conventional, with 2,010 originations. Their 2nd most popular type was FHA, with 398 originations.
Loan Reason
For 2018, City Bank's most frequently cited loan purpose was Home Purchase, with 2,237 originations. The 2nd most popular reason was Cash Out Refi, with 187 originations.
Loan Duration/Length
For 2018, City Bank's most frequently cited loan duration was 30 Year, with 2,025 originations. The 2nd most popular length was 15 Year, with 219 originations.
Origination Fees/Closing Costs
City Bank's average total fees were $5,296, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,210 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 1,724 | $399,000,000 | $231,439 |
| 5-6% | 617 | $117,935,000 | $191,143 |
| 3-4% | 190 | $43,170,000 | $227,211 |
| 6-7% | 105 | $13,555,000 | $129,095 |
| 7-8% | 12 | $580,000 | $48,333 |
During 2018, City Bank's average interest rate for loans was 4.77%, while their most frequently originated rate bucket for loans was 4-5%, with 1,724 originations.
Loan Sizing
2018 saw City Bank place emphasis on $100k-200k loans with 1,101 originations, totaling $165,235,000 in origination value.
Applicant Income
City Bank lent most frequently to those with incomes in the $50k-75k range, with 539 originations. The second most popular income band? $100k-150k, with 515 originations.
Applicant Debt to Income Ratio
City Bank lent most frequently to those with DTI ratios of 30-36%, with 432 originations. The next most common DTI ratio? 20-30%, with 404 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.51%
City Bank has an average approval rate.
Pick Rate
Approvals leading to origination72.55%
City Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 2,648 | $574,240,000 | $216,858 |
Occupancy Type Mix
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| CATHAY BANK | Conventional home mortgage | Trouble during payment process | 1 | 50.0% |
| CATHAY BANK | Other type of mortgage | Trouble during payment process | 1 | 50.0% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| City Bank | 10080 Bellaire Blvd., Suite 101 Houston, TX 77072 | Full Service B&M | $20,818 |
| City Bank | 107 West Taylor Street Morton, TX 79346 | Full Service B&M | $58,930 |
| City Bank | 118 Us Highway 70 Springlake, TX 79082 | Full Service B&M | $18,386 |
| City Bank | 1409 University Drive East College Station, TX 77840 | Full Service B&M | $55,148 |
| City Bank | 1418 George Dieter El Paso, TX 79936 | Full Service B&M | $25,277 |
| City Bank | 143a El Paso Road Ruidoso, NM 88345 | Full Service B&M | $682 |
| City Bank | 1850 Sudderth Drive Ruidoso, NM 88345 | Full Service B&M | $114,460 |
| City Bank | 2525 Mckinnon Street, Suite 100 Dallas, TX 75201 | Full Service B&M | $34,592 |
| City Bank | 304 West 1st Idalou, TX 79329 | Full Service B&M | $43,282 |
| City Bank | 3251 50th Street Lubbock, TX 79413 | Full Service B&M | $55,903 |
| City Bank | 5219 City Bank Parkway Lubbock, TX 79407 | Full Service B&M | $991,835 |
| City Bank | 5506 4th Street Lubbock, TX 79416 | Full Service B&M | $63,163 |
| City Bank | 5815 82nd Street, Suite 120 Lubbock, TX 79424 | Full Service B&M | $0 |
| City Bank | 600 College Avenue Levelland, TX 79336 | Full Service B&M | $133,287 |
| City Bank | 611 University Lubbock, TX 79401 | Full Service B&M | $53,210 |
| City Bank | 6524 82nd Street Lubbock, TX 79424 | Full Service B&M | $81,318 |
| City Bank | 771 E. Hwy 80 Forney, TX 75126 | Full Service Retail | $178,807 |
| City Bank | 7800 Preston Road Plano, TX 75024 | Full Service B&M | $43,938 |
| City Bank | 7901 N. Mesa El Paso, TX 79932 | Full Service B&M | $83,708 |
| City Bank | 8009 University Ave. Lubbock, TX 79423 | Full Service B&M | $58,348 |
| City Bank | 8201 Quaker Avenue Lubbock, TX 79424 | Full Service B&M | $92,865 |
For 2018, City Bank had 21 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $117,981 |
| Net interest income | $98,369 |
| Total noninterest income | $51,328 |
| Gross Fiduciary activities income | $1,442 |
| Service charges on deposit accounts | $7,929 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $41,957 |
| Pre-tax net operating income | $30,533 |
| Securities gains (or losses, -) | $621 |
| Income before extraordinary items | $34,254 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $34,254 |
| Minority interest net income | $0 |
| Net income | $34,254 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $33,633 |
City Bank's gross interest income from loans was $117,981,000.
City Bank's net interest income from loans was $98,369,000.
City Bank's fee based income from loans was $7,929,000.
City Bank's net income from loans was $34,254,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $19,612 |
| Provision for credit losses | $6,901 |
| Total noninterest expense | $112,263 |
| Salaries and employee benefits | $69,778 |
| Premises and equipment expense | $13,576 |
| Additional noninterest expense | $28,909 |
| Applicable income taxes | $-3,100 |
| Net charge-offs | $5,237 |
| Cash dividends | $17,500 |
City Bank's interest expense for loans was $19,612,000.
City Bank's payroll and benefits expense were $69,778,000.
City Bank's property, plant and equipment expenses $13,576,000.
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 | 0.0% |
| 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 | $2,300,139 |
| Deposits held in domestic offices | $2,300,139 |
| Deposits by Individuals, partnerships, and corporations | $1,990,772 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $298,153 |
| Deposits by Commercial banks and other depository institutions in U.S. | $11,214 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $461,749 |
| Demand deposits | $246,888 |
| Nontransaction accounts | $1,838,390 |
| Money market deposit accounts (MMDAs) | $1,460,447 |
| Other savings deposits (excluding MMDAs) | $66,408 |
| Total time deposits | $311,537 |
| Total time and savings deposits | $2,053,251 |
| Noninterest-bearing deposits | $532,752 |
| Interest-bearing deposits | $1,767,387 |
| Retail deposits | $2,081,099 |
| IRAs and Keogh plan accounts | $29,359 |
| Brokered deposits | $93,500 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $2,710,801 |
| Cash & Balances due from depository institutions | $245,989 |
| Interest-bearing balances | $198,187 |
| Total securities | $338,196 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $1,972,453 |
| Loan and leases loss allowance | $23,126 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $59,787 |
| Other real estate owned | $2,191 |
| Goodwill and other intangibles | $1,270 |
| All other assets | $90,915 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $2,710,801 |
| Total Liabilities | $2,441,779 |
| Total deposits | $2,300,139 |
| Interest-bearing deposits | $1,767,387 |
| Deposits held in domestic offices | $2,300,139 |
| % insured (estimated) | $74 |
| Federal funds purchased and repurchase agreements | $17,705 |
| Trading liabilities | $0 |
| Other borrowed funds | $95,000 |
| Subordinated debt | $0 |
| All other liabilities | $28,935 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $1,972,453 |
| Loan and leases loss allowance | $23,126 |
| Total loans and leases (domestic) | $1,995,579 |
| All real estate loans | $1,271,120 |
| Real estate loans in domestic offices | $1,271,120 |
| Construction and development loans | $221,687 |
| Residential 1-4 family construction | $78,401 |
| Other construction, all land development and other land | $143,286 |
| Loans secured by nonfarm nonresidential properties | $521,718 |
| Nonfarm nonresidential secured by owner-occupied properties | $209,884 |
| Commercial real estate & other non-farm, non-residential | $311,834 |
| Multifamily residential real estate | $79,254 |
| 1-4 family residential loans | $384,536 |
| Farmland loans | $63,925 |
| Loans held in foreign offices | $0 |
| Farm loans | $134,771 |
| Commercial and industrial loans | $294,636 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $266,113 |
| Credit card loans | $0 |
| Related Plans | $2,003 |
| Consumer Auto Loans | $195,882 |
| Other loans to individuals | $68,228 |
| All other loans & leases | $28,939 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $9,429 |
| 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 | $2,042 |
| Non 1-4 family restructured loans & leases | $245 |
| Total loans and leases (foreign) | $0 |
City Bank had $1,972,453,000 of loans outstanding in 2018. $1,271,120,000 of loans were in real estate loans. $221,687,000 of loans were in development loans. $79,254,000 of loans were in multifamily mortgage loans. $384,536,000 of loans were in 1-4 family mortgage loans. $134,771,000 of loans were in farm loans. $0 of loans were in credit card loans. $195,882,000 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 | 417 | $103,115 | $247,278 |
| Nonfarm, nonresidential loans - <$100k | 62 | $2,783 | $44,887 |
| Nonfarm, nonresidential loans - $100-250k | 156 | $19,978 | $128,064 |
| Nonfarm, nonresidential loans - $250k-1MM | 199 | $80,354 | $403,789 |
| Commercial & Industrial, US addressed loans - <$1MM | 1,154 | $81,964 | $71,026 |
| Commercial & Industrial, US addressed loans - <$100k | 796 | $20,342 | $25,555 |
| Commercial & Industrial, US addressed loans - $100-250k | 190 | $18,287 | $96,247 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 168 | $43,335 | $257,946 |
| Farmland loans - <$1MM | 100 | $10,824 | $108,240 |
| Farmland loans - <$100k | 41 | $1,416 | $34,537 |
| Farmland loans - $100-250k | 40 | $4,391 | $109,775 |
| Farmland loans - $250k-1MM | 19 | $5,017 | $264,053 |
| Agriculture operations loans - <$1MM | 243 | $21,203 | $87,255 |
| Agriculture operations loans - <$100k | 124 | $3,031 | $24,444 |
| Agriculture operations loans - $100-250k | 61 | $5,598 | $91,770 |
| Agriculture operations loans - $250k-1MM | 58 | $12,574 | $216,793 |