Cibc Bank Usa Mortgage Rates, Fees & Info

Chicago, IL

LEI: FDXQ75GPEQKRPWABYN63

Tax ID: 36-3722148

4.7 stars - out of 5 stars, based on 39 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Cibc Bank Usa is a small bank specializing in Home Purchase and Refi loans. Cibc Bank Usa has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets include Chicago, Los Angeles, Denver, Detroit, and Miami among others. Cibc Bank Usa 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. Cibc Bank Usa is typically an average fee lendor.


Originations

1,509

Origination Dollar Volume (All Markets)

$1,267,825,000

Employee count

1,783 Show all (15) awards

Relative Rate

Cibc Bank Usa's average 30 year fixed rate mortgage of loans were 2.93%.

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

This yields a difference of -0.22%.

Relative Fees

Cibc Bank Usa's average total fees for a 30 year fixed rate mortgage are $5,721.

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
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 865 $461,655,000 $533,705 $5,425 3.06%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 51 $66,675,000 $1,307,353 $4,618 2.66%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 20 $65,770,000 $3,288,500 $5,589 2.53%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 47 $55,095,000 $1,172,234 $4,345 2.98%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 27 $48,805,000 $1,807,593 $10,306 2.45%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $47,290,000 $23,645,000 $3,534 2.68%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 25 $46,495,000 $1,859,800 $9,628 2.65%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 5 $43,875,000 $8,775,000 $4,275 3.37%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 43 $34,025,000 $791,279 $4,557 3.00%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 8 $22,550,000 $2,818,750 $5,279 2.90%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 14 $22,060,000 $1,575,714 $6,554 2.50%
Outside of Metro Areas 27 $21,755,000 $805,741 $4,813 2.76%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 19 $20,505,000 $1,079,211 $5,110 2.58%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 25 $19,215,000 $768,600 $5,425 2.58%
Heber, UT (FHA|USDA|VA) 8 $18,900,000 $2,362,500 $11,518 2.59%
ST. LOUIS, MO-IL (FHA|USDA|VA) 38 $16,130,000 $424,474 $3,657 2.81%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 7 $13,875,000 $1,982,143 $12,065 2.57%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 13 $12,255,000 $942,692 $5,616 2.70%
Whitewater, WI (FHA|USDA|VA) 24 $11,690,000 $487,083 $3,739 2.83%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 11 $10,325,000 $938,636 $7,866 2.70%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 7 $10,035,000 $1,433,571 $5,500 2.48%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $10,005,000 $10,005,000 $0 3.36%
NILES, MI (FHA|USDA|VA) 7 $9,605,000 $1,372,143 $7,018 2.86%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 10 $8,960,000 $896,000 $5,805 2.78%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $8,810,000 $4,405,000 $7,273 3.04%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 4 $8,790,000 $2,197,500 $5,641 2.44%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 7 $8,055,000 $1,150,714 $6,921 2.45%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 1 $7,705,000 $7,705,000 $0 2.12%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 6 $7,040,000 $1,173,333 $8,526 2.71%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 6 $6,940,000 $1,156,667 $5,956 2.40%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 9 $6,595,000 $732,778 $4,653 2.76%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 5 $5,775,000 $1,155,000 $7,520 2.73%
Glenwood Springs, CO (FHA|USDA|VA) 4 $5,520,000 $1,380,000 $5,388 2.38%
Edwards, CO (FHA|USDA|VA) 6 $5,240,000 $873,333 $4,958 2.63%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $4,270,000 $2,135,000 $5,789 2.25%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 5 $4,055,000 $811,000 $4,600 2.63%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 5 $4,045,000 $809,000 $8,186 2.35%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 5 $3,665,000 $733,000 $6,771 2.70%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $3,425,000 $1,141,667 $6,433 2.92%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $3,020,000 $1,510,000 $7,999 2.56%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 3 $2,905,000 $968,333 $3,808 2.54%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 7 $2,865,000 $409,286 $3,652 2.89%
Bozeman, MT (FHA|USDA|VA) 1 $2,855,000 $2,855,000 $9,210 2.50%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 6 $2,700,000 $450,000 $6,502 3.04%
Cullowhee, NC (FHA|USDA|VA) 2 $2,630,000 $1,315,000 $6,859 2.25%
SALINAS, CA (FHA|USDA|VA) 1 $2,505,000 $2,505,000 $10,968 2.50%
Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $2,505,000 $2,505,000 $9,508 2.25%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $2,410,000 $1,205,000 $10,070 2.44%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $2,320,000 $1,160,000 $4,229 2.69%
BOULDER, CO (FHA|USDA|VA) 2 $2,270,000 $1,135,000 $4,395 2.56%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 6 $1,930,000 $321,667 $4,664 2.67%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $1,930,000 $965,000 $7,729 2.50%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $1,910,000 $955,000 $7,384 2.69%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 4 $1,880,000 $470,000 $4,433 2.69%
COLUMBIA, SC (FHA|USDA|VA) 4 $1,750,000 $437,500 $4,347 2.84%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 2 $1,380,000 $690,000 $5,684 2.25%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 3 $1,345,000 $448,333 $3,263 2.71%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $1,340,000 $670,000 $3,324 2.50%
COLUMBUS, OH (FHA|USDA|VA) 2 $1,310,000 $655,000 $4,651 2.50%
Breckenridge, CO (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $6,575 2.25%
Traverse City, MI (FHA|USDA|VA) 2 $1,180,000 $590,000 $3,636 2.50%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $1,165,000 $1,165,000 $4,723 2.63%
RICHMOND, VA (FHA|USDA|VA) 2 $1,140,000 $570,000 $4,194 2.69%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 3 $1,105,000 $368,333 $2,588 3.33%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $6,804 2.25%
Key West, FL (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $8,408 2.25%
RENO, NV (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $4,914 2.50%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $12,553 2.63%
RACINE, WI (FHA|USDA|VA) 2 $980,000 $490,000 $2,863 2.56%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $970,000 $485,000 $3,941 2.88%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 2 $940,000 $470,000 $2,503 2.67%
MADISON, WI (FHA|USDA|VA) 1 $915,000 $915,000 $4,325 2.38%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $845,000 $845,000 $5,874 2.50%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $840,000 $420,000 $3,553 2.81%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 3 $835,000 $278,333 $4,022 3.00%
ANN ARBOR, MI (FHA|USDA|VA) 2 $810,000 $405,000 $3,854 3.00%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $805,000 $805,000 $7,649 2.38%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $780,000 $390,000 $4,850 3.06%
Warsaw, IN (FHA|USDA|VA) 1 $755,000 $755,000 $3,305 2.75%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $725,000 $725,000 $5,199 2.25%
PITTSBURGH, PA (FHA|USDA|VA) 1 $715,000 $715,000 $7,032 2.38%
COLUMBIA, MO (FHA|USDA|VA) 1 $695,000 $695,000 $3,145 2.38%
LOGAN, UT-ID (FHA|USDA|VA) 1 $675,000 $675,000 $4,497 2.25%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $665,000 $665,000 $4,119 2.25%
Durango, CO (FHA|USDA|VA) 1 $655,000 $655,000 $3,144 2.50%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $645,000 $645,000 $6,632 3.38%
Beaver Dam, WI (FHA|USDA|VA) 1 $605,000 $605,000 $4,303 2.25%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $605,000 $605,000 $3,570 3.00%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $585,000 $585,000 $3,743 2.25%
Holland, MI (FHA|USDA|VA) 1 $575,000 $575,000 $3,942 2.25%
COLUMBUS, IN (FHA|USDA|VA) 1 $555,000 $555,000 $4,243 2.25%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $515,000 $515,000 $4,787 3.25%
JACKSON, MS (FHA|USDA|VA) 1 $475,000 $475,000 $5,078 2.38%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $465,000 $465,000 $3,840 3.63%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $465,000 $465,000 $4,225 3.50%
LANCASTER, PA (FHA|USDA|VA) 1 $445,000 $445,000 $5,745 2.88%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $435,000 $435,000 $3,302 3.88%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $425,000 $425,000 $3,558 3.25%
Brainerd, MN (FHA|USDA|VA) 1 $395,000 $395,000 $3,465 3.38%
Chillicothe, OH (FHA|USDA|VA) 1 $375,000 $375,000 $3,439 3.38%
KNOXVILLE, TN (FHA|USDA|VA) 1 $345,000 $345,000 $3,424 2.50%
STOCKTON, CA (FHA|USDA|VA) 1 $345,000 $345,000 $3,909 2.75%
GREEN BAY, WI (FHA|USDA|VA) 1 $315,000 $315,000 $0 3.88%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 1 $305,000 $305,000 $3,757 2.50%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $295,000 $295,000 $3,898 3.25%
BELLINGHAM, WA (FHA|USDA|VA) 1 $285,000 $285,000 $3,330 2.88%
RAPID CITY, SD (FHA|USDA|VA) 1 $285,000 $285,000 $3,664 4.25%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $275,000 $275,000 $3,334 3.88%
ROANOKE, VA (FHA|USDA|VA) 1 $275,000 $275,000 $3,465 2.88%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $275,000 $275,000 $4,202 3.25%
ITHACA, NY (FHA|USDA|VA) 1 $235,000 $235,000 $4,734 2.88%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $225,000 $225,000 $2,698 2.88%
Macomb, IL (FHA|USDA|VA) 1 $225,000 $225,000 $4,119 3.75%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $215,000 $215,000 $4,431 3.25%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $215,000 $215,000 $5,399 3.00%
THE VILLAGES, FL (FHA|USDA|VA) 1 $185,000 $185,000 $2,779 3.00%
Watertown, SD (FHA|USDA|VA) 1 $175,000 $175,000 $0 3.63%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $165,000 $165,000 $11,764 2.75%
KANKAKEE, IL (FHA|USDA|VA) 1 $155,000 $155,000 $5,710 2.88%
Mayfield, KY (FHA|USDA|VA) 1 $155,000 $155,000 $4,319 2.88%
YUMA, AZ (FHA|USDA|VA) 1 $145,000 $145,000 $2,928 2.75%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $135,000 $135,000 $3,521 2.88%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $95,000 $95,000 $3,107 3.13%
ROCHESTER, NY (FHA|USDA|VA) 1 $95,000 $95,000 $3,444 3.50%
Ottawa, IL (FHA|USDA|VA) 1 $95,000 $95,000 $4,963 3.25%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $85,000 $85,000 $0 4.88%

Cibc Bank Usa's top markets include Chicago, Los Angeles, Denver, Detroit, and Miami among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 1,315 $1,222,565,000 $929,707 $4,955 2.89%
FHA 189 $43,445,000 $229,868 $9,044 3.12%
VA 4 $1,600,000 $400,000 $8,116 2.84%
USDA 1 $215,000 $215,000 $5,399 3.00%

For the 2021 period, Cibc Bank Usa's most frequently originated loan type of loans were Conventional, with 1,315 originations. Their 2nd most popular type is FHA, with 189 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 825 $646,235,000 $783,315 $6,801 3.06%
Refi 375 $340,855,000 $908,947 $3,488 2.75%
Cash Out Refi 233 $188,845,000 $810,494 $4,031 2.77%
Other 64 $77,520,000 $1,211,250 $5,880 2.59%
Home Improvement 12 $14,370,000 $1,197,500 $3,979 3.20%

For the 2021, Cibc Bank Usa's most frequently cited loan purpose of loans were Home Purchase, with 825 originations. The 2nd most popular reason of loans were Refi, with 375 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 1,361 $889,745,000 $653,744 $5,721 2.93%
15 Year 76 $19,830,000 $260,921 $2,982 2.65%
Other 18 $173,170,000 $9,620,556 $1,939 2.87%
10 Year 15 $9,965,000 $664,333 $2,207 2.86%
20 Year 14 $4,310,000 $307,857 $2,861 3.03%
5 Year 14 $141,000,000 $10,071,429 $0 2.96%
3 Year 11 $29,805,000 $2,709,545 $0 2.97%

For the 2021, Cibc Bank Usa's most frequently cited loan length of loans were 30 Year, with 1,361 originations. The 2nd most popular length of loans were 15 Year, with 76 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 1,286 $814,990,000 $633,740
$2k-3k 125 $79,705,000 $637,640
$3k-4k 16 $6,640,000 $415,000
$5k+ 6 $2,580,000 $430,000
$<1k 5 $3,005,000 $601,000

$5,721 of loans were Cibc Bank Usa's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 1,286 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 565 $250,475,000 $443,319
<2.5% 490 $707,400,000 $1,443,673
2.5-3% 430 $302,540,000 $703,581
4-5% 23 $7,165,000 $311,522
5-6% 1 $245,000 $245,000

During 2021, Cibc Bank Usa's average interest rate of loans were 2.93%, while their most frequently originated rate bucket of loans were 3-4%, with 565 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 484 $135,810,000 $280,599 $5,573 3.18%
$1MM+ 283 $807,175,000 $2,852,208 $7,678 2.45%
$100k-200k 256 $40,090,000 $156,602 $4,946 3.23%
$600k-1MM 230 $176,910,000 $769,174 $4,409 2.53%
$400k-600k 211 $104,335,000 $494,479 $4,790 2.92%
$100,000 or less 45 $3,505,000 $77,889 $3,831 3.27%

2021 saw Cibc Bank Usa place emphasis on $200k-400k loans with 484 originations, totaling $135,810,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$250k+ 479 $580,795,000 $1,212,516 $6,103 2.55%
$50k-75k 234 $53,900,000 $230,342 $6,540 3.25%
$150k-250k 225 $114,675,000 $509,667 $4,124 2.90%
$100k-150k 183 $63,265,000 $345,710 $4,411 3.03%
$50k or less 152 $23,510,000 $154,671 $5,839 3.28%
$75k-100k 142 $38,090,000 $268,239 $5,257 3.24%

Cibc Bank Usa lent most frequently to those with incomes in the $250k+ range, with 479 originations. The second most popular income band? $50k-75k, with 234 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 324 $223,170,000 $688,796 $4,946 2.85%
30-36% 276 $184,200,000 $667,391 $5,078 2.88%
<20% 170 $174,840,000 $1,028,471 $5,555 2.61%
41% 75 $36,615,000 $488,200 $5,304 3.08%
40% 61 $33,135,000 $543,197 $5,606 3.01%
37% 59 $38,265,000 $648,559 $5,586 2.98%
42% 55 $26,245,000 $477,182 $5,594 3.07%
39% 54 $37,980,000 $703,333 $6,882 2.98%
36% 51 $27,885,000 $546,765 $5,272 3.06%
50-60% 49 $12,445,000 $253,980 $8,670 2.95%
44% 48 $15,060,000 $313,750 $5,952 3.19%
38% 47 $30,185,000 $642,234 $5,232 2.82%
43% 44 $14,930,000 $339,318 $5,811 3.23%
49% 41 $15,585,000 $380,122 $6,186 3.10%
48% 36 $17,100,000 $475,000 $5,600 2.99%
46% 31 $10,905,000 $351,774 $6,761 3.12%
47% 27 $9,865,000 $365,370 $4,685 3.10%
45% 23 $8,565,000 $372,391 $5,224 3.03%
>60% 2 $750,000 $375,000 $4,986 2.81%

Cibc Bank Usa lent most frequently to those with DTI ratios of 20-30%, with 324 originations. The next most common DTI ratio? 30-36%, with 276 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 1,160 $778,950,000 $671,509 $5,397 2.89%
Not applicable 33 $343,185,000 $10,399,545 $0 2.87%
Not provided 109 $74,765,000 $685,917 $5,478 2.84%
Black 135 $32,245,000 $238,852 $6,692 3.25%
Asian 60 $30,970,000 $516,167 $4,704 2.90%
Asian Indian 4 $3,640,000 $910,000 $4,993 2.88%
American Indian 6 $2,820,000 $470,000 $7,281 3.21%
Chinese 1 $705,000 $705,000 $4,850 2.50%
Other Asian 1 $545,000 $545,000 $1,998 2.88%

Approval Rates

Total approvals of all applications
95.98%

Cibc Bank Usa has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

Pick Rate

Approvals leading to origination
79.21%

Cibc Bank Usa has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 1,509 $1,267,825,000 $840,176

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
1,509 $1,267,825,000 $840,176

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 85 $65,195,000 $767,000 $4,571 2.63%
40-60% 245 $309,365,000 $1,262,714 $4,821 2.71%
60-80% 591 $687,435,000 $1,163,173 $4,866 2.82%
80-100% 579 $202,925,000 $350,475 $6,534 3.16%
Under 20% 9 $2,905,000 $322,778 $3,520 2.92%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
CIBC BANCORP USA INC. Conventional home mortgage Closing on a mortgage 1 100.0%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Cibc Bank Usa 24 South Second Stereet Saint Charles, IL 60174 Full Service B&M $103,255
Cibc Bank Usa 105th Place And Cicero Avenue Oak Lawn, IL 60453 Full Service B&M $131,850
Cibc Bank Usa 1110 Jorie Boulevard Oak Brook, IL 60523 Full Service B&M $932,825
Cibc Bank Usa 11850 South Harlem Avenue Palos Heights, IL 60463 Full Service B&M $137,224
Cibc Bank Usa 120 S La Salle St, Ste 400 Chicago, IL 60603 Full Service B&M $27,624,839
Cibc Bank Usa 1255 Green Bay Road Wilmette, IL 60091 Full Service B&M $198,376
Cibc Bank Usa 1401 South Brentwood Blvd, 2nd Floor Saint Louis, MO 63144 Full Service B&M $1,135,196
Cibc Bank Usa 14102 South Bell Road Homer Glen, IL 60441 Full Service B&M $173,142
Cibc Bank Usa 14497 John Humphries Drive Orland Park, IL 60462 Full Service B&M $105,673
Cibc Bank Usa 149 East Walton 2nd Floor Chicago, IL 60611 Full Service B&M $623,797
Cibc Bank Usa 1550 Essington Road Joliet, IL 60435 Full Service B&M $41,779
Cibc Bank Usa 17865 S. 80th Avenue Tinley Park,, IL 60477 Full Service B&M $161,181
Cibc Bank Usa 23840 West Eames Street Channahon, IL 60410 Full Service B&M $37,275
Cibc Bank Usa 1000 Green Bay Road Winnetka, IL 60093 Full Service B&M $121,948
Cibc Bank Usa 3010 S. Kedzie Avenue Chicago, IL 60623 Full Service B&M $8,855
Cibc Bank Usa 3052 West 111th Street Chicago, IL 60655 Full Service B&M $140,535
Cibc Bank Usa 34901 Woodward Avenue, Suite 200 Birmingham, MI 48009 Full Service B&M $1,775,899
Cibc Bank Usa 390 South Woods Mill Rd Chesterfield, MO 63017 Limited, Administrative $0
Cibc Bank Usa 4007 West Touhy Avenue Lincolnwood, IL 60712 Full Service B&M $450,540
Cibc Bank Usa 458 E. Pershing Rd. Chicago, IL 60653 Full Service B&M $1,562
Cibc Bank Usa 501 West State Street, Suite 101 Geneva, IL 60134 Full Service B&M $53,678
Cibc Bank Usa 502 West Mondamin Street Minooka, IL 60447 Full Service B&M $155,520
Cibc Bank Usa 6825 West 111th Street Worth, IL 60482 Full Service B&M $563,180
Cibc Bank Usa 743 North Water Street Milwaukee, WI 53202 Full Service B&M $601,334
Cibc Bank Usa 920 South Waukegan Road Lake Forest, IL 60045 Full Service B&M $446,000

For 2021, Cibc Bank Usa had 25 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $994,693
Net interest income $921,343
Total noninterest income $201,361
Gross Fiduciary activities income $0
Service charges on deposit accounts $50,675
Trading account gains and fees $12,925
Additional Noninterest Income $137,761
Pre-tax net operating income $689,137
Securities gains (or losses, -) $140
Income before extraordinary items $526,799
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $526,799
Minority interest net income $0
Net income $526,799
Sale, conversion, retirement of capital stock, net $713
Net operating income $526,688

Cibc Bank Usa's gross interest income from loans was $994,693,000.
Cibc Bank Usa's net interest income from loans was $921,343,000.
Cibc Bank Usa's fee based income from loans was $50,675,000.
Cibc Bank Usa's net income from loans was $526,799,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $73,350
Provision for credit losses $-48,605
Total noninterest expense $482,172
Salaries and employee benefits $380,641
Premises and equipment expense $37,477
Additional noninterest expense $64,054
Applicable income taxes $162,478
Net charge-offs $20,154
Cash dividends $0

Cibc Bank Usa's interest expense for loans was $73,350,000.
Cibc Bank Usa's payroll and benefits expense were $380,641,000.
Cibc Bank Usa's property, plant and equipment expenses $37,477,000.

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 $38,874,818
Deposits held in domestic offices $38,874,818
Deposits by Individuals, partnerships, and corporations $37,245,843
Deposits by U.S. Government $2
Deposits by States and political subdivisions in the U.S. $979,490
Deposits by Commercial banks and other depository institutions in U.S. $649,483
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $8,532,552
Demand deposits $7,838,990
Nontransaction accounts $30,342,266
Money market deposit accounts (MMDAs) $26,504,673
Other savings deposits (excluding MMDAs) $2,193,808
Total time deposits $1,643,785
Total time and savings deposits $31,035,828
Noninterest-bearing deposits $13,959,753
Interest-bearing deposits $24,915,065
Retail deposits $36,755,434
IRAs and Keogh plan accounts $75,633
Brokered deposits $2,198,633
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $48,488,487
Cash & Balances due from depository institutions $9,268,920
Interest-bearing balances $9,142,209
Total securities $6,880,169
Federal funds sold & reverse repurchase $0
Net loans and leases $28,619,286
Loan and leases loss allowance $375,389
Trading account assets $23,353
Bank premises and fixed assets $163,513
Other real estate owned $0
Goodwill and other intangibles $2,885,410
All other assets $647,836

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $48,488,487
Total Liabilities $41,114,576
Total deposits $38,874,818
Interest-bearing deposits $24,915,065
Deposits held in domestic offices $38,874,818
% insured (estimated) $23
Federal funds purchased and repurchase agreements $0
Trading liabilities $1,963
Other borrowed funds $1,832,735
Subordinated debt $0
All other liabilities $405,060

Issued Loan Types

Type Value (in 000's)
Net loans and leases $28,619,286
Loan and leases loss allowance $375,389
Total loans and leases (domestic) $28,994,675
All real estate loans $12,643,469
Real estate loans in domestic offices $12,643,469
Construction and development loans $1,394,605
Residential 1-4 family construction $460,925
Other construction, all land development and other land $933,680
Loans secured by nonfarm nonresidential properties $7,649,262
Nonfarm nonresidential secured by owner-occupied properties $2,684,897
Commercial real estate & other non-farm, non-residential $4,964,365
Multifamily residential real estate $1,695,671
1-4 family residential loans $1,897,931
Farmland loans $6,000
Loans held in foreign offices $0
Farm loans $13,920
Commercial and industrial loans $9,727,387
To non-U.S. addressees $24,608
Loans to individuals $419,680
Credit card loans $0
Related Plans $351,357
Consumer Auto Loans $336
Other loans to individuals $67,987
All other loans & leases $6,329,411
Loans to foreign governments and official institutions $0
Other loans $6,325,852
Loans to depository institutions and acceptances of other banks $2,763
Loans not secured by real estate $1,896,053
Loans secured by real estate to non-U.S. addressees $267,958
Restructured Loans & leases $22,012
Non 1-4 family restructured loans & leases $22,012
Total loans and leases (foreign) $0

CIBC Bank USA had $28,619,286,000 of loans outstanding in 2021. $12,643,469,000 of loans were in real estate loans. $1,394,605,000 of loans were in development loans. $1,695,671,000 of loans were in multifamily mortgage loans. $1,897,931,000 of loans were in 1-4 family mortgage loans. $13,920,000 of loans were in farm loans. $0 of loans were in credit card loans. $336,000 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 215 $87,016 $404,726
Nonfarm, nonresidential loans - <$100k 8 $443 $55,375
Nonfarm, nonresidential loans - $100-250k 31 $3,349 $108,032
Nonfarm, nonresidential loans - $250k-1MM 176 $83,224 $472,864
Commercial & Industrial, US addressed loans - <$1MM 1,671 $307,817 $184,211
Commercial & Industrial, US addressed loans - <$100k 705 $15,865 $22,504
Commercial & Industrial, US addressed loans - $100-250k 327 $37,954 $116,067
Commercial & Industrial, US addressed loans - $250k-1MM 639 $253,998 $397,493
Agriculture operations loans - <$1MM 1 $132 $132,000
Agriculture operations loans - $250k-1MM 1 $132 $132,000