PlainLender

CB&S Bank

Russellville, AL

CB&S Bank processed 1,218 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 873 loans with a 15.1% denial rate. Home Purchase was the primary loan purpose. Based in Russellville, AL. The approval rate of 71.7% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. CB&S Bank processed 1,218 HMDA-reported mortgage applications in 2024, originating 873 loans and denying 184 for a denial rate of 15.1% (applicants themselves withdrew 136 files before a decision). The average loan amount was $206,002 at a 7.505% average note rate, and applicants self-reported an average income of $34,000. The lender reports under LEI 549300RTWPH3HXUWR160 from Russellville, AL.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. CB&S Bank's 71.7% origination rate tells you how often an application turned into funded money; the 15.1% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,168 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

1,218
Applications
873
Originated
15.1%
Denial Rate
$206,002
Avg Loan Amount
Avg Interest Rate: 7.505% Avg Applicant Income: $34,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,168 844 174 $204,872
USDA 20 10 5 $147,000
VA 17 12 3 $393,235
FHA 13 7 2 $153,462

Top loan types — CB&S Bank

Top loan types — CB&S Bank Horizontal bar chart of the top 4 items by value (applications). Top loan types — CB&S Bank Top 4 1. Conventional 1,168 2. USDA 20 3. VA 17 4. FHA 13 Top 5 loan types by application volume at CB&S Bank (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for CB&S Bank (LEI: 549300RTWPH3HXUWR160) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Credit history
70
Debt-to-income ratio
33
Collateral
7
Other
5
Insufficient cash
4
Unverifiable information
3
Employment history
3
Credit application incomplete
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 509 357 $292,505
Refinancing 303 250 $228,366
Home Improvement 218 148 $74,174
Other 166 113 $80,120
Cash-out Refinancing 22 5 $152,727

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 933 73.2% 13.4%
Black or African American 94 47.9% 41.5%
Asian 21 61.9% 19.1%
Joint 7 85.7% 14.3%
American Indian or Alaska Native 5 20.0% 60.0%
Native Hawaiian or Other Pacific Islander 1 100.0% 0.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 968 72.7% 14.3%
Hispanic or Latino 71 47.9% 36.6%
Joint 20 55.0% 30.0%

Nearby Lenders in AL

Other HMDA-reporting lenders in AL with similar activity. Compare any two side-by-side.

REGIONS BANK

BIRMINGHAM, AL

70,436 apps 29,337 originated 39.6% denied

CSL Financial LLC

Birmingham, AL

10,109 apps 1,011 originated 60.3% denied

REDSTONE FEDERAL CREDIT UNION

HUNTSVILLE, AL

5,601 apps 3,166 originated 21.9% denied

TJC MORTGAGE INC

BIRMINGHAM, AL

2,788 apps 1,704 originated 3.2% denied

ALL IN CREDIT UNION

DOTHAN, AL

2,355 apps 1,018 originated 32.0% denied
Compare CB&S Bank vs REGIONS BANK →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did CB&S Bank process?
CB&S Bank processed 1,218 mortgage applications in the 2023 HMDA reporting year. Of these, 873 were originated (approved and funded), 136 were withdrawn by the applicant, and 184 were denied.
What is CB&S Bank's mortgage approval rate?
CB&S Bank has an approval (origination) rate of 71.7%, meaning 71.7% of all applications resulted in a funded mortgage. The denial rate is 15.1%.
What is the average loan amount at CB&S Bank?
The average mortgage loan amount at CB&S Bank is $206,002. The average interest rate is 7.505%. The average applicant income is $34,000.
What are the most common reasons for mortgage denial at CB&S Bank?
The most common reasons for mortgage denial at CB&S Bank are: Credit history, Debt-to-income ratio, Collateral. In total, 184 applications were denied out of 1,218 total applications.
What types of mortgage loans does CB&S Bank offer?
CB&S Bank processes Conventional, USDA, VA, FHA loans. The most common type is Conventional with 1,168 applications and an average loan amount of $204,872.
What loan purposes does CB&S Bank serve?
CB&S Bank serves the following loan purposes: Home Purchase (509 applications), Refinancing (303 applications), Home Improvement (218 applications), Other (166 applications), Cash-out Refinancing (22 applications). Home Purchase is the most common purpose.
Where is CB&S Bank located?
CB&S Bank is headquartered in Russellville, AL. The lender is identified by LEI 549300RTWPH3HXUWR160 in HMDA data.
How does CB&S Bank compare in lending across racial demographics?
CB&S Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 73.2% and denial rate of 13.4%; Black or African American applicants have an approval rate of 47.9% and denial rate of 41.5%; Asian applicants have an approval rate of 61.9% and denial rate of 19.1%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology — how this data is sourced, computed, and verified.