Hancock Bank & Trust Company Mortgage Rates, Fees & Info

Hawesville, KY

LEI: 549300WO2LB77U820925

Tax ID: 61-0220050

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

Review & Overview

Hancock Bank & Trust Company is a smaller bank specializing in Refi and Home Purchase loans. Hancock Bank & Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Bowling Green, Madisonville, Owensboro, Glasgow, and Miami among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)

Hancock Bank & Trust Company has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.

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Originations

179

Origination Dollar Volume (All Markets)

$37,985,000

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
BOWLING GREEN, KY (FHA\|USDA\|VA)	67	$18,945,000	$282,761	$0	0.00%
Madisonville, KY (FHA\|USDA\|VA)	58	$8,540,000	$147,241	$0	0.00%
Outside of Metro Areas	15	$2,265,000	$151,000	$0	0.00%
OWENSBORO, KY (FHA\|USDA\|VA)	15	$1,555,000	$103,667	$0	0.00%
Glasgow, KY (FHA\|USDA\|VA)	5	$1,215,000	$243,000	$0	0.00%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA\|USDA\|VA)	2	$1,110,000	$555,000	$0	0.00%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA\|USDA\|VA)	2	$1,030,000	$515,000	$0	0.00%
ELIZABETHTOWN-FORT KNOX, KY (FHA\|USDA\|VA)	3	$855,000	$285,000	$0	0.00%
EVANSVILLE, IN-KY (FHA\|USDA\|VA)	2	$620,000	$310,000	$0	0.00%
LOUISVILLE, KY (FHA\|USDA\|VA)	2	$570,000	$285,000	$0	0.00%
CLARKSVILLE, TN-KY (FHA\|USDA\|VA)	2	$280,000	$140,000	$0	0.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA\|USDA\|VA)	1	$245,000	$245,000	$0	0.00%
LEXINGTON-FAYETTE, KY (FHA\|USDA\|VA)	1	$235,000	$235,000	$0	0.00%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA\|USDA\|VA)	1	$215,000	$215,000	$0	0.00%
BIRMINGHAM-HOOVER, AL (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	0.00%
MEMPHIS, TN-MS-AR (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	0.00%
Mayfield, KY (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	0.00%

Hancock Bank & Trust Company's top markets include Bowling Green, Madisonville, Owensboro, Glasgow, and Miami among others.

Their top states include:

Kentucky (FHA|USDA|VA)

Florida (FHA|USDA|VA)

Tennessee (FHA|USDA|VA)

Indiana (FHA|USDA|VA)

Alabama (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	179	$37,985,000	$212,207	$0	0.00%

For 2021, Hancock Bank & Trust Company's most frequently originated type of loan was Conventional, with 179 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Refi	81	$18,025,000	$222,531	$0	0.00%
Home Purchase	58	$13,100,000	$225,862	$0	0.00%
Cash Out Refi	33	$6,245,000	$189,242	$0	0.00%
Home Improvement	5	$265,000	$53,000	$0	0.00%
Other	2	$350,000	$175,000	$0	0.00%

For 2021, Hancock Bank & Trust Company's most frequently cited loan purpose was Refi, with 81 originations. The 2nd most popular reason was Home Purchase, with 58 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	179	$37,985,000	$212,207	$0	0.00%

For 2021, Hancock Bank & Trust Company's most frequently cited loan duration was Other, with 179 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-200k	56	$7,900,000	$141,071	$0	0.00%
$200k-400k	51	$13,805,000	$270,686	$0	0.00%
$100,000 or less	50	$2,810,000	$56,200	$0	0.00%
$400k-600k	14	$7,050,000	$503,571	$0	0.00%
$600k-1MM	7	$5,175,000	$739,286	$0	0.00%
$1MM+	1	$1,245,000	$1,245,000	$0	0.00%

2021 saw Hancock Bank & Trust Company place emphasis on $100k-200k loans with 56 originations, totaling $7,900,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	32	$6,050,000	$189,063	$0	0.00%
$50k-75k	29	$3,365,000	$116,034	$0	0.00%
$75k-100k	26	$3,950,000	$151,923	$0	0.00%
$50k or less	22	$1,970,000	$89,545	$0	0.00%
$250k+	19	$5,875,000	$309,211	$0	0.00%
$150k-250k	18	$4,950,000	$275,000	$0	0.00%

Hancock Bank & Trust Company lent most frequently to those with incomes in the $100k-150k range, with 32 originations. The second most popular income band? $50k-75k, with 29 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	179	$37,985,000	$212,207	$0	0.00%

Hancock Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 179 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	141	$23,885,000	$169,397	$0	0.00%
Not applicable	28	$10,990,000	$392,500	$0	0.00%
Asian	7	$2,525,000	$360,714	$0	0.00%
Not provided	1	$315,000	$315,000	$0	0.00%
Black	1	$145,000	$145,000	$0	0.00%
Chinese	1	$125,000	$125,000	$0	0.00%

Approval Rates

Total approvals of all applications
92.38%

Hancock Bank & Trust Company has an average approval rate.

Pick Rate

Approvals leading to origination
91.62%

Hancock Bank & Trust Company has an average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	179	$37,985,000	$212,207

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	179	$37,985,000	$212,207

Complaints

Bank Name	Product	Issue	2021 CPFB Complaints	% of Total Issues
HANCOCK WHITNEY BANK	Conventional home mortgage	Applying for a mortgage or refinancing an existing mortgage	3	42.9%
HANCOCK WHITNEY BANK	Conventional home mortgage	Closing on a mortgage	1	14.3%
HANCOCK WHITNEY BANK	Conventional home mortgage	Trouble during payment process	1	14.3%
HANCOCK WHITNEY BANK	Home equity loan or line of credit (HELOC)	Struggling to pay mortgage	1	14.3%
HANCOCK WHITNEY BANK	Other type of mortgage	Trouble during payment process	1	14.3%

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
Hancock Bank & Trust Company	102 West Main Street Cloverport, KY 40111	Full Service B&M	$32,413
Hancock Bank & Trust Company	1025 Fairview Avenue Bowling Green, KY 42103	Full Service B&M	$1,967
Hancock Bank & Trust Company	220 Main Street Hawesville, KY 42348	Full Service B&M	$98,540
Hancock Bank & Trust Company	240 S. Main Street Madisonville, KY 42431	Full Service B&M	$34,381
Hancock Bank & Trust Company	2420 North Main Street Madisonville, KY 42431	Full Service B&M	$58,541
Hancock Bank & Trust Company	2501 Crossings Blvd Bowling Green, KY 42104	Full Service B&M	$29,255
Hancock Bank & Trust Company	U.S. Highway 60 East Lewisport, KY 42351	Full Service B&M	$29,434

For 2021, Hancock Bank & Trust Company had 7 branches.