Kingston National Bank Mortgage Rates, Fees & Info

Kingston, OH

LEI: 254900ICEZWRRYBRW481

Tax ID: 31-4225037

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Kingston National Bank is a smaller bank specializing in Home Purchase and Refi loans. Kingston National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Columbus, Chillicothe, Jackson, Washington Court House, and Portsmouth among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Kingston National Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Kingston National Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.85% 4/28/24
    30 Year Conventional Refi 6.55% 4/28/24
    15 Year Conventional Purchase 6.25% 4/28/24
    15 Year Conventional Refi 6.24% 4/28/24
    15 Year Cash-out Refi 6.24% 4/28/24
    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.

    Kingston National Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Kingston National Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    154

    Origination Dollar Volume (All Markets)

    $23,550,000

    Employee count

    67

    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
    COLUMBUS, OH (FHA|USDA|VA) 81 $14,105,000 $174,136 $2,563 5.14%
    Chillicothe, OH (FHA|USDA|VA) 64 $8,330,000 $130,156 $2,252 5.07%
    Outside of Metro Areas 4 $720,000 $180,000 $2,193 4.94%
    Jackson, OH (FHA|USDA|VA) 1 $165,000 $165,000 $3,051 5.13%
    Washington Court House, OH (FHA|USDA|VA) 2 $130,000 $65,000 $0 5.25%
    Portsmouth, OH (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.95%
    Athens, OH (FHA|USDA|VA) 1 $45,000 $45,000 $1,607 5.13%
    Kingston National Bank's top markets include Columbus, Chillicothe, Jackson, Washington Court House, and Portsmouth among others.

    Their top states include:
  • Ohio (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Kingston National Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    HOMELAND CREDIT UNION, INC.
    Similarity Rank: 36
    Columbus Metro Federal Credit Union
    Similarity Rank: 224
    TrueCore Federal Credit Union
    Similarity Rank: 360
    Victory Community Bank
    Similarity Rank: 420
    First Federal Savings and Loan Association
    Similarity Rank: 420
    VICTORY MORTGAGE, L.L.C.
    Similarity Rank: 728
    North Valley Bank
    Similarity Rank: 768
    CME Federal Credit Union
    Similarity Rank: 820
    BMI Federal Credit Union
    Similarity Rank: 870
    KEMBA FINANCIAL
    Similarity Rank: 952

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 154 $23,550,000 $152,922 $2,411 5.10%

    For 2018, Kingston National Bank's most frequently originated type of loan was Conventional, with 154 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 91 $14,735,000 $161,923 $2,789 5.12%
    Refi 53 $7,435,000 $140,283 $1,934 5.08%
    Home Improvement 9 $1,335,000 $148,333 $1,921 5.17%
    Other 1 $45,000 $45,000 $2,149 4.40%

    For 2018, Kingston National Bank's most frequently cited loan purpose was Home Purchase, with 91 originations. The 2nd most popular reason was Refi, with 53 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 60 $7,260,000 $121,000 $2,405 5.21%
    Other 41 $7,185,000 $175,244 $2,653 5.01%
    10 Year 25 $1,645,000 $65,800 $1,549 5.12%
    20 Year 15 $2,925,000 $195,000 $2,480 5.23%
    30 Year 7 $2,085,000 $297,857 $2,378 4.85%
    30+ year 2 $680,000 $340,000 $2,771 4.45%
    3 Year 2 $1,610,000 $805,000 $5,005 4.50%
    5 Year 2 $160,000 $80,000 $1,356 4.65%

    For 2018, Kingston National Bank's most frequently cited loan duration was 15 Year, with 60 originations. The 2nd most popular length was Other, with 41 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 75 $9,615,000 $128,200
    $1k-2k 21 $6,535,000 $311,190
    $3k-4k 1 $1,305,000 $1,305,000

    Kingston National Bank's average total fees were $2,378, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 75 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 76 $10,500,000 $138,158
    4-5% 72 $12,650,000 $175,694
    6-7% 5 $295,000 $59,000
    3-4% 1 $105,000 $105,000

    During 2018, Kingston National Bank's average interest rate for loans was 4.85%, while their most frequently originated rate bucket for loans was 5-6%, with 76 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 72 $4,090,000 $56,806 $1,444 5.30%
    $100k-200k 43 $6,125,000 $142,442 $2,188 4.95%
    $200k-400k 33 $9,075,000 $275,000 $3,107 4.91%
    $400k-600k 3 $1,455,000 $485,000 $6,342 4.98%
    $600k-1MM 2 $1,500,000 $750,000 $0 5.10%
    $1MM+ 1 $1,305,000 $1,305,000 $7,893 4.25%

    2018 saw Kingston National Bank place emphasis on $100,000 or less loans with 72 originations, totaling $4,090,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 35 $5,915,000 $169,000 $2,589 5.04%
    $50k-75k 25 $2,515,000 $100,600 $2,072 5.21%
    $50k or less 23 $1,795,000 $78,043 $1,582 5.25%
    $150k-250k 20 $4,040,000 $202,000 $2,775 4.96%
    $75k-100k 20 $3,170,000 $158,500 $2,409 4.86%
    $250k+ 6 $2,170,000 $361,667 $3,371 4.85%

    Kingston National Bank lent most frequently to those with incomes in the $100k-150k range, with 35 originations. The second most popular income band? $50k-75k, with 25 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 39 $5,855,000 $150,128 $2,234 4.94%
    <20% 27 $3,445,000 $127,593 $2,131 5.13%
    30-36% 23 $3,805,000 $165,435 $2,251 5.13%
    >60% 10 $800,000 $80,000 $1,562 5.32%
    38% 4 $760,000 $190,000 $2,448 4.94%
    37% 4 $810,000 $202,500 $2,413 4.87%
    40% 3 $585,000 $195,000 $2,717 4.91%
    41% 3 $755,000 $251,667 $4,144 4.97%
    42% 3 $505,000 $168,333 $2,769 4.85%
    36% 3 $745,000 $248,333 $3,904 4.58%
    39% 3 $195,000 $65,000 $2,271 5.62%
    50-60% 2 $120,000 $60,000 $0 5.10%
    43% 2 $620,000 $310,000 $3,371 5.08%
    46% 1 $185,000 $185,000 $2,395 4.85%
    48% 1 $375,000 $375,000 $4,351 5.30%

    Kingston National Bank lent most frequently to those with DTI ratios of 20-30%, with 39 originations. The next most common DTI ratio? <20%, with 27 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 128 $19,330,000 $151,016 $2,394 5.06%
    Not applicable 24 $3,850,000 $160,417 $0 5.28%
    Native Hawaiian or Islander 2 $370,000 $185,000 $3,260 5.55%

    Approval Rates

    Total approvals of all applications
    95.53%

    Kingston National Bank 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
    88.96%

    Kingston National Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 154 $23,550,000 $152,922

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 3 $945,000 $315,000
    Single Family (1-4 Units):Manufactured 13 $1,305,000 $100,385
    Single Family (1-4 Units):Site-Built 138 $21,300,000 $154,348

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 17 $1,165,000 $68,529 $1,532 5.00%
    40-60% 27 $3,725,000 $137,963 $2,569 5.09%
    60-80% 88 $13,920,000 $158,182 $2,462 5.13%
    80-100% 18 $3,150,000 $175,000 $2,782 5.08%
    Over 100% 1 $1,305,000 $1,305,000 $7,893 4.25%
    Under 20% 3 $285,000 $95,000 $1,711 5.47%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Kingston National Bank 11811 Main Street Adelphi, OH 43101 Full Service B&M $23,722
    Kingston National Bank 132 West Main Street Amanda, OH 43102 Full Service B&M $54,349
    Kingston National Bank 2 North Main Street Kingston, OH 45644 Full Service B&M $136,056
    Kingston National Bank 5101 South Union Street South Bloomfield, OH 43103 Full Service B&M $26,451
    Kingston National Bank 790 Western Avenue Chillicothe, OH 45601 Full Service B&M $41,661

    For 2018, Kingston National Bank had 5 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $12,984
    Net interest income $10,552
    Total noninterest income $638
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $381
    Trading account gains and fees $0
    Additional Noninterest Income $257
    Pre-tax net operating income $3,030
    Securities gains (or losses, -) $-37
    Income before extraordinary items $2,521
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $2,521
    Minority interest net income $0
    Net income $2,521
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $2,552

    Kingston National Bank's gross interest income from loans was $12,984,000.
    Kingston National Bank's net interest income from loans was $10,552,000.
    Kingston National Bank's fee based income from loans was $381,000.
    Kingston National Bank's net income from loans was $2,521,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,432
    Provision for credit losses $90
    Total noninterest expense $8,070
    Salaries and employee benefits $4,684
    Premises and equipment expense $563
    Additional noninterest expense $2,823
    Applicable income taxes $472
    Net charge-offs $15
    Cash dividends $897

    Kingston National Bank's interest expense for loans was $2,432,000.
    Kingston National Bank's payroll and benefits expense were $4,684,000.
    Kingston National Bank's property, plant and equipment expenses $563,000.

    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 $306,529
    Deposits held in domestic offices $306,529
    Deposits by Individuals, partnerships, and corporations $242,853
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $63,676
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $98,492
    Demand deposits $50,423
    Nontransaction accounts $208,037
    Money market deposit accounts (MMDAs) $42,965
    Other savings deposits (excluding MMDAs) $41,857
    Total time deposits $123,214
    Total time and savings deposits $256,106
    Noninterest-bearing deposits $53,593
    Interest-bearing deposits $252,936
    Retail deposits $260,859
    IRAs and Keogh plan accounts $10,564
    Brokered deposits $5,000
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $350,861
    Cash & Balances due from depository institutions $9,651
    Interest-bearing balances $1,848
    Total securities $70,071
    Federal funds sold & reverse repurchase $7,566
    Net loans and leases $247,974
    Loan and leases loss allowance $2,557
    Trading account assets $0
    Bank premises and fixed assets $6,224
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $9,375

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $350,861
    Total Liabilities $322,255
    Total deposits $306,529
    Interest-bearing deposits $252,936
    Deposits held in domestic offices $306,529
    % insured (estimated) $74
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $13,038
    Subordinated debt $0
    All other liabilities $2,688

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $247,974
    Loan and leases loss allowance $2,557
    Total loans and leases (domestic) $250,531
    All real estate loans $168,181
    Real estate loans in domestic offices $168,181
    Construction and development loans $7,818
    Residential 1-4 family construction $7,108
    Other construction, all land development and other land $710
    Loans secured by nonfarm nonresidential properties $23,082
    Nonfarm nonresidential secured by owner-occupied properties $900
    Commercial real estate & other non-farm, non-residential $22,182
    Multifamily residential real estate $1,920
    1-4 family residential loans $77,119
    Farmland loans $58,242
    Loans held in foreign offices $0
    Farm loans $43,888
    Commercial and industrial loans $30,512
    To non-U.S. addressees $0
    Loans to individuals $6,453
    Credit card loans $723
    Related Plans $0
    Consumer Auto Loans $2,986
    Other loans to individuals $2,744
    All other loans & leases $1,522
    Loans to foreign governments and official institutions $0
    Other loans $0
    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 $0
    Restructured Loans & leases $56
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Kingston National Bank had $247,974,000 of loans outstanding in 2018. $168,181,000 of loans were in real estate loans. $7,818,000 of loans were in development loans. $1,920,000 of loans were in multifamily mortgage loans. $77,119,000 of loans were in 1-4 family mortgage loans. $43,888,000 of loans were in farm loans. $723,000 of loans were in credit card loans. $2,986,000 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 127 $18,678 $147,071
    Nonfarm, nonresidential loans - <$100k 62 $2,684 $43,290
    Nonfarm, nonresidential loans - $100-250k 27 $3,634 $134,593
    Nonfarm, nonresidential loans - $250k-1MM 38 $12,360 $325,263
    Commercial & Industrial, US addressed loans - <$1MM 383 $23,113 $60,347
    Commercial & Industrial, US addressed loans - <$100k 261 $5,507 $21,100
    Commercial & Industrial, US addressed loans - $100-250k 82 $7,133 $86,988
    Commercial & Industrial, US addressed loans - $250k-1MM 40 $10,473 $261,825
    Farmland loans - <$1MM 108 $15,790 $146,204
    Farmland loans - <$100k 26 $1,234 $47,462
    Farmland loans - $100-250k 47 $5,827 $123,979
    Farmland loans - $250k-1MM 35 $8,729 $249,400
    Agriculture operations loans - <$1MM 542 $31,905 $58,865
    Agriculture operations loans - <$100k 336 $8,018 $23,863
    Agriculture operations loans - $100-250k 165 $16,153 $97,897
    Agriculture operations loans - $250k-1MM 41 $7,734 $188,634