Mortgage lender · Russellville, AL · LEI 549300RTWPH3HXUWR160

CB&S Bank review: approval odds, rates and grade (2025)

CB&S Bank earns a C, in line with the typical performance of mid-size mortgage lenders. It turned down 17.2% of the applications it decided on in 2025, which ranks in the 29th percentile for approval odds. Its median loan was priced 0.24 points above the average prime offer rate, ranking in the 52nd percentile on pricing. Compared against 581 mid-size mortgage lenders using 2025 HMDA filings.

1.3kApplications2025
70.8%Originatedof applications
17.2%Decision denial ratenational 22.6%
6.77%Median ratenational 6.63%
$202MLoan volume10 states

CB&S Bank at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

15.1%Denial rate (all applications)-2.84 pts vs national
17.2%Denial rate (decided applications)-5.43 pts vs national
70.8%Origination rate+12.75 pts vs national
10.8%Withdrawn by applicant
1.1%Closed for incompleteness
6.77%Median interest rate+0.14 pts vs national
0.24Median rate spread (pts over APOR)-0.01 pts vs national
$105,000Median loan amount
$3,187Median total loan costs
$88kMedian applicant income
74%Median loan-to-value
0High-cost (HOEPA) loans

How the C grade breaks down

Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

29th17.2% denied

Pricingmedian rate spread over APOR, weight 30%

52nd0.24 pts

Processwithdrawn + incomplete share, weight 15%

75th11.8%

Closing coststotal loan costs ÷ loan amount, weight 10%

23rd3.04% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231,21183114.9%17.2%7.00%$169M
20241,21887315.1%17.1%7.25%$187M
20251,32894015.1%17.2%6.77%$202M

What CB&S Bank lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 509 38% · 14.0% denied
Refinance 383 29% · 8.6% denied
Cash-out refinance 18 1% · 16.7% denied
Home improvement 242 18% · 22.3% denied
Other / HELOC 176 13% · 22.7% denied

By loan type

Conventional 1,278 96% · 15.1% denied
FHA 6 0% · 50.0% denied
VA 21 2% · 4.8% denied
USDA / RHS 23 2% · 17.4% denied

Also: 585 home-equity lines, 0 reverse mortgages, 79 manufactured homes, 228 investment properties.

Why CB&S Bank denies applications

Primary reason reported for each of the 201 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Credit history 54 46%
Debt-to-income ratio 39 33%
Other 11 9%
Collateral 7 6%
Insufficient cash 4 3%
Unverifiable information 2 2%
Employment history 1 1%

How these reasons compare nationally →

Who gets approved at CB&S Bank

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k22910939.0%
$50k – $100k41728618.6%
$100k – $150k21116212.8%
$150k – $250k1931596.8%
Over $250k107866.3%
Applicant ageApplicationsOriginatedDecision denial rate
Under 25393113.5%
25–3418711922.5%
35–4424917117.5%
45–5422415518.5%
55–6426118317.0%
65–7416912518.1%
Over 74664814.0%

Where CB&S Bank lends

10 states and 106 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Alabama70951713.1%6.63%#64
Tennessee33023813.3%6.99%#154
Mississippi26816923.9%7.20%#72
Florida1290.0%6.88%#872

Frequently asked questions

CB&S Bank denied 17.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 29th percentile of mid-size mortgage lenders.

The most common reason CB&S Bank gave in 2025 was "credit history", cited on 45.8% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans CB&S Bank originated in 2025 was 6.77%, and its median rate spread over the average prime offer rate was 0.24 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 38% of its applications were for home purchases, 30% for refinancing (including cash-out), and 31% for home improvement or other purposes. By loan type: 96% conventional, 0% FHA, 2% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with CB&S Bank. Data sources · Methodology