City National Bank Of Florida Mortgage Rates, Fees & Info
Miami, FLLEI: GDN5JXQ4P5NZE28ZRC90
Tax ID: 59-1297458
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Mortgage Data
Bank Data
Review & Overview
City National Bank Of Florida is a smaller bank specializing in Home Purchase and Cash Out Refi loans. City National Bank Of Florida 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.) Their top markets by origination volume include: Miami, Orlando, Naples, Los Angeles, and Tampa among others. We have data for 31 markets. (Some data included below & more in-depth data is available with an active subscription.)City National Bank Of Florida has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.40% | 4/21/24 |
| 30 Year Conventional Refi | 6.45% | 4/21/24 |
| 30 Year Cash-out Refi | 6.46% | 4/21/24 |
| 30 Year FHA Purchase | 6.56% | 4/21/24 |
| 30 Year VA Purchase | 6.03% | 4/21/24 |
| 15 Year Conventional Purchase | 6.03% | 4/21/24 |
| 15 Year Conventional Refi | 6.03% | 4/21/24 |
| 15 Year Cash-out Refi | 6.03% | 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 National Bank Of Florida Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
656Origination Dollar Volume (All Markets)
$503,850,000Employee count
881Top 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 |
|---|---|---|---|---|---|
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 389 | $374,675,000 | $963,175 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 103 | $28,535,000 | $277,039 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 26 | $17,000,000 | $653,846 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 2 | $11,160,000 | $5,580,000 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 32 | $10,910,000 | $340,938 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $9,905,000 | $9,905,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 14 | $6,880,000 | $491,429 | $0 | 0.00% |
| Key West, FL (FHA|USDA|VA) | 8 | $6,150,000 | $768,750 | $0 | 0.00% |
| Glenwood Springs, CO (FHA|USDA|VA) | 2 | $4,710,000 | $2,355,000 | $0 | 0.00% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 16 | $4,460,000 | $278,750 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $3,785,000 | $3,785,000 | $0 | 0.00% |
| Heber, UT (FHA|USDA|VA) | 1 | $3,255,000 | $3,255,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $3,080,000 | $1,540,000 | $0 | 0.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 11 | $2,305,000 | $209,545 | $0 | 0.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 4 | $2,050,000 | $512,500 | $0 | 0.00% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 10 | $1,920,000 | $192,000 | $0 | 0.00% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 1 | $1,785,000 | $1,785,000 | $0 | 0.00% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 6 | $1,780,000 | $296,667 | $0 | 0.00% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 4 | $1,780,000 | $445,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 4 | $1,530,000 | $382,500 | $0 | 0.00% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 7 | $1,455,000 | $207,857 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $1,035,000 | $1,035,000 | $0 | 0.00% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 2 | $1,010,000 | $505,000 | $0 | 0.00% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| Edwards, CO (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $0 | 0.00% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against City National Bank of Florida 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
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 584 | $488,680,000 | $836,781 | $0 | 0.00% |
| FHA | 62 | $12,660,000 | $204,194 | $0 | 0.00% |
| VA | 10 | $2,510,000 | $251,000 | $0 | 0.00% |
For 2019, City National Bank Of Florida's most frequently originated type of loan was Conventional, with 584 originations. Their 2nd most popular type was FHA, with 62 originations.
Loan Reason
For 2019, City National Bank Of Florida's most frequently cited loan purpose was Home Purchase, with 443 originations. The 2nd most popular reason was Cash Out Refi, with 89 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 656 | $503,850,000 | $768,064 | $0 | 0.00% |
For 2019, City National Bank Of Florida's most frequently cited loan duration was Other, with 656 originations.
Loan Sizing
2019 saw City National Bank Of Florida place emphasis on $200k-400k loans with 198 originations, totaling $54,690,000 in origination value.
Applicant Income
City National Bank Of Florida lent most frequently to those with incomes in the $250k+ range, with 175 originations. The second most popular income band? $150k-250k, with 84 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 656 | $503,850,000 | $768,064 | $0 | 0.00% |
City National Bank Of Florida lent most frequently to those with DTI ratios of Exempt%, with 656 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications85.42%
City National Bank Of Florida has an average approval rate.
Pick Rate
Approvals leading to origination69.82%
City National Bank Of Florida has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 656 | $503,850,000 | $768,064 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 16 | $31,470,000 | $1,966,875 |
| Single Family (1-4 Units):Site-Built | 640 | $472,380,000 | $738,094 |
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| CITY NATIONAL BANK | Conventional home mortgage | Trouble during payment process | 1 | 100.0% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| City National Bank of Florida | 10 North Federal Highway Pompano Beach, FL 33062 | Full Service B&M | $27,200 |
| City National Bank of Florida | 100 Se 2nd Street Miami, FL 33131 | Full Service B&M | $941,894 |
| City National Bank of Florida | 100 Se 2nd Street, 32nd Floor Miami, FL 33131 | Limited, Administrative | $0 |
| City National Bank of Florida | 1120 South Federal Highway Delray Beach, FL 33483 | Full Service B&M | $111,668 |
| City National Bank of Florida | 11675 South Dixie Highway Miami, FL 33156 | Full Service B&M | $72,277 |
| City National Bank of Florida | 13400 S.W. 120th Street Miami, FL 33186 | Full Service B&M | $59,071 |
| City National Bank of Florida | 13780 Sw 88th Street Miami, FL 33186 | Full Service B&M | $88,793 |
| City National Bank of Florida | 1450 Brickell Avenue, Suite 100 Miami, FL 33131 | Full Service B&M | $4,890,006 |
| City National Bank of Florida | 16475 South Dixie Highway Palmetto Bay, FL 33157 | Full Service B&M | $58,892 |
| City National Bank of Florida | 1845 Hollywood Boulevard Hollywood, FL 33020 | Full Service B&M | $68,380 |
| City National Bank of Florida | 1865 Ne 123rd Street North Miami, FL 33181 | Full Service B&M | $127,531 |
| City National Bank of Florida | 1920 S.W. 27th Avenue Miami, FL 33145 | Limited, Drive-thru | $0 |
| City National Bank of Florida | 1995 East Hallandale Beach Boulevard Hallandale, FL 33009 | Full Service B&M | $63,713 |
| City National Bank of Florida | 25 West Flagler Street Miami, FL 33101 | Full Service B&M | $631,420 |
| City National Bank of Florida | 2720 Coral Way Miami, FL 33145 | Full Service B&M | $89,688 |
| City National Bank of Florida | 2855 S Le Jeune Road Coral Gables, FL 33134 | Full Service B&M | $1,143,332 |
| City National Bank of Florida | 2999 N.E. 191 Street, Ste 100 Aventura, FL 33180 | Full Service B&M | $309,376 |
| City National Bank of Florida | 300 71st St Miami Beach, FL 33141 | Full Service B&M | $136,722 |
| City National Bank of Florida | 355 North Orange Avenue Orlando, FL 32801 | Full Service B&M | $595,077 |
| City National Bank of Florida | 446 Collins Avenue Miami Beach, FL 33139 | Full Service B&M | $156,120 |
| City National Bank of Florida | 450 East Las Olas Boulevard Fort Lauderdale, FL 33301 | Full Service B&M | $691,863 |
| City National Bank of Florida | 475 Arthur Godfrey Road Miami Beach, FL 33140 | Full Service B&M | $476,285 |
| City National Bank of Florida | 5410 West 16th Avenue Hialeah, FL 33012 | Full Service B&M | $66,239 |
| City National Bank of Florida | 5782 Sw 8th Street West Miami, FL 33144 | Full Service B&M | $171,963 |
| City National Bank of Florida | 6388 South Dixie Hwy Miami, FL 33143 | Full Service B&M | $124,384 |
| City National Bank of Florida | 641 South Federal Highway Boca Raton, FL 33432 | Full Service B&M | $144,138 |
| City National Bank of Florida | 6975 Sw 87th Avenue Miami, FL 33173 | Full Service B&M | $99,203 |
| City National Bank of Florida | 7000 West Palmetto Park Road Suite 100 Boca Raton, FL 33433 | Full Service B&M | $49,805 |
| City National Bank of Florida | 8311 S.W. 40th Street Miami, FL 33155 | Full Service B&M | $69,555 |
| City National Bank of Florida | 8790 N.W. 25th Street Doral, FL 33172 | Full Service B&M | $210,176 |
| City National Bank of Florida | 972-A Orange Avenue Winter Park, FL 32789 | Full Service B&M | $25,034 |
| City National Bank of Florida | 9750 West Atlantic Blvd Coral Springs, FL 33071 | Full Service B&M | $106,406 |
For 2019, City National Bank Of Florida had 32 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $577,155 |
| Net interest income | $405,321 |
| Total noninterest income | $64,499 |
| Gross Fiduciary activities income | $63 |
| Service charges on deposit accounts | $16,953 |
| Trading account gains and fees | $4,820 |
| Additional Noninterest Income | $42,663 |
| Pre-tax net operating income | $207,997 |
| Securities gains (or losses, -) | $3,216 |
| Income before extraordinary items | $162,513 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $162,513 |
| Minority interest net income | $0 |
| Net income | $162,513 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $159,972 |
City National Bank Of Florida's gross interest income from loans was $577,155,000.
City National Bank Of Florida's net interest income from loans was $405,321,000.
City National Bank Of Florida's fee based income from loans was $16,953,000.
City National Bank Of Florida's net income from loans was $162,513,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $171,834 |
| Provision for credit losses | $16,328 |
| Total noninterest expense | $245,495 |
| Salaries and employee benefits | $126,492 |
| Premises and equipment expense | $20,914 |
| Additional noninterest expense | $98,089 |
| Applicable income taxes | $48,700 |
| Net charge-offs | $1,211 |
| Cash dividends | $0 |
City National Bank Of Florida's interest expense for loans was $171,834,000.
City National Bank Of Florida's payroll and benefits expense were $126,492,000.
City National Bank Of Florida's property, plant and equipment expenses $20,914,000.
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 | 1.0% |
| 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 | $11,853,685 |
| Deposits held in domestic offices | $11,853,685 |
| Deposits by Individuals, partnerships, and corporations | $10,424,448 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $1,428,990 |
| Deposits by Commercial banks and other depository institutions in U.S. | $246 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $1,204,490 |
| Demand deposits | $1,204,490 |
| Nontransaction accounts | $10,649,194 |
| Money market deposit accounts (MMDAs) | $8,653,384 |
| Other savings deposits (excluding MMDAs) | $158,509 |
| Total time deposits | $1,837,303 |
| Total time and savings deposits | $10,649,194 |
| Noninterest-bearing deposits | $3,543,197 |
| Interest-bearing deposits | $8,310,488 |
| Retail deposits | $10,489,260 |
| IRAs and Keogh plan accounts | $18,365 |
| Brokered deposits | $470,052 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $15,841,001 |
| Cash & Balances due from depository institutions | $427,362 |
| Interest-bearing balances | $250,268 |
| Total securities | $3,370,840 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $10,923,656 |
| Loan and leases loss allowance | $49,046 |
| Trading account assets | $50,802 |
| Bank premises and fixed assets | $77,354 |
| Other real estate owned | $209 |
| Goodwill and other intangibles | $215,516 |
| All other assets | $775,262 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $15,841,001 |
| Total Liabilities | $13,949,563 |
| Total deposits | $11,853,685 |
| Interest-bearing deposits | $8,310,488 |
| Deposits held in domestic offices | $11,853,685 |
| % insured (estimated) | $34 |
| Federal funds purchased and repurchase agreements | $82,039 |
| Trading liabilities | $54,421 |
| Other borrowed funds | $1,850,000 |
| Subordinated debt | $0 |
| All other liabilities | $109,418 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $10,923,656 |
| Loan and leases loss allowance | $49,046 |
| Total loans and leases (domestic) | $10,972,702 |
| All real estate loans | $8,008,814 |
| Real estate loans in domestic offices | $8,008,814 |
| Construction and development loans | $721,449 |
| Residential 1-4 family construction | $125,739 |
| Other construction, all land development and other land | $595,710 |
| Loans secured by nonfarm nonresidential properties | $4,526,131 |
| Nonfarm nonresidential secured by owner-occupied properties | $1,349,399 |
| Commercial real estate & other non-farm, non-residential | $3,176,732 |
| Multifamily residential real estate | $544,937 |
| 1-4 family residential loans | $2,213,390 |
| Farmland loans | $2,907 |
| Loans held in foreign offices | $0 |
| Farm loans | $3,830 |
| Commercial and industrial loans | $2,085,285 |
| To non-U.S. addressees | $20,524 |
| Loans to individuals | $66,991 |
| Credit card loans | $0 |
| Related Plans | $31,503 |
| Consumer Auto Loans | $426 |
| Other loans to individuals | $35,062 |
| All other loans & leases | $822,540 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $249,396 |
| 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 | $186,175 |
| Restructured Loans & leases | $9,508 |
| Non 1-4 family restructured loans & leases | $6,185 |
| Total loans and leases (foreign) | $0 |
City National Bank of Florida had $10,923,656,000 of loans outstanding in 2019. $8,008,814,000 of loans were in real estate loans. $721,449,000 of loans were in development loans. $544,937,000 of loans were in multifamily mortgage loans. $2,213,390,000 of loans were in 1-4 family mortgage loans. $3,830,000 of loans were in farm loans. $0 of loans were in credit card loans. $426,000 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 | 707 | $284,492 | $402,393 |
| Nonfarm, nonresidential loans - <$100k | 36 | $1,404 | $39,000 |
| Nonfarm, nonresidential loans - $100-250k | 139 | $19,546 | $140,619 |
| Nonfarm, nonresidential loans - $250k-1MM | 532 | $263,542 | $495,380 |
| Commercial & Industrial, US addressed loans - <$1MM | 1,381 | $242,227 | $175,400 |
| Commercial & Industrial, US addressed loans - <$100k | 481 | $13,645 | $28,368 |
| Commercial & Industrial, US addressed loans - $100-250k | 320 | $33,691 | $105,284 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 580 | $194,891 | $336,019 |