Kingston National Bank Mortgage Rates, Fees & Info

Kingston, OH

LEI: 254900ICEZWRRYBRW481

Tax ID: 31-4225037

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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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, Washington Court House, Cleveland, and Portsmouth among others. We have data for 6 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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    Originations

    142

    Origination Dollar Volume (All Markets)

    $18,670,000

    Employee count

    69

    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) 77 $10,085,000 $130,974 $2,254 5.26%
    Chillicothe, OH (FHA|USDA|VA) 54 $7,400,000 $137,037 $2,416 5.08%
    Outside of Metro Areas 8 $660,000 $82,500 $1,871 5.30%
    Washington Court House, OH (FHA|USDA|VA) 1 $255,000 $255,000 $3,493 4.85%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $165,000 $165,000 $2,827 4.13%
    Portsmouth, OH (FHA|USDA|VA) 1 $105,000 $105,000 $2,218 5.13%
    Kingston National Bank's top markets include Columbus, Chillicothe, Washington Court House, Cleveland, 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: 49
    LCNB National Bank
    Similarity Rank: 72
    Columbus Metro Federal Credit Union
    Similarity Rank: 392
    1st National Bank
    Similarity Rank: 450
    HOPEWELL Federal Credit Union
    Similarity Rank: 510
    First Federal Savings and Loan Association
    Similarity Rank: 575
    EDUCATION FIRST CREDIT UNION, INC.
    Similarity Rank: 630
    VICTORY MORTGAGE, L.L.C.
    Similarity Rank: 715
    TrueCore Federal Credit Union
    Similarity Rank: 980
    TELHIO
    Similarity Rank: 1054

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 141 $18,625,000 $132,092 $2,313 5.17%
    HELOC 1 $45,000 $45,000 n/a 6.50%

    For 2019, Kingston National Bank's most frequently originated type of loan was Conventional, with 141 originations. Their 2nd most popular type was HELOC, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 87 $10,235,000 $117,644 $2,467 5.18%
    Refi 29 $5,705,000 $196,724 $2,439 5.26%
    Cash Out Refi 17 $2,155,000 $126,765 $1,788 5.00%
    Home Improvement 7 $495,000 $70,714 $1,652 5.44%
    Other 2 $80,000 $40,000 $2,042 4.68%

    For 2019, Kingston National Bank's most frequently cited loan purpose was Home Purchase, with 87 originations. The 2nd most popular reason was Refi, with 29 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 75 $8,365,000 $111,533 $2,006 5.32%
    Other 28 $5,180,000 $185,000 $2,960 5.11%
    10 Year 16 $1,570,000 $98,125 $2,023 5.11%
    20 Year 14 $1,760,000 $125,714 $2,137 5.03%
    30 Year 6 $1,390,000 $231,667 $2,638 4.65%
    30+ year 2 $380,000 $190,000 $1,769 4.38%
    5 Year 1 $25,000 $25,000 $0 5.25%

    For 2019, Kingston National Bank's most frequently cited loan duration was 15 Year, with 75 originations. The 2nd most popular length was Other, with 28 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 73 $9,205,000 $126,096
    $1k-2k 12 $4,080,000 $340,000
    $5k+ 1 $465,000 $465,000

    Kingston National Bank's average total fees were $2,638, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 73 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 74 $8,460,000 $114,324
    4-5% 57 $8,365,000 $146,754
    6-7% 8 $700,000 $87,500
    3-4% 3 $1,145,000 $381,667

    During 2019, Kingston National Bank's average interest rate for loans was 4.65%, while their most frequently originated rate bucket for loans was 5-6%, with 74 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 70 $4,170,000 $59,571 $1,790 5.36%
    $100k-200k 46 $6,450,000 $140,217 $2,188 5.10%
    $200k-400k 22 $5,920,000 $269,091 $2,813 4.90%
    $400k-600k 2 $880,000 $440,000 $5,636 4.33%
    $600k-1MM 2 $1,250,000 $625,000 $4,413 4.95%

    2019 saw Kingston National Bank place emphasis on $100,000 or less loans with 70 originations, totaling $4,170,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 34 $5,540,000 $162,941 $2,486 4.99%
    $50k or less 28 $2,150,000 $76,786 $1,962 5.15%
    $50k-75k 19 $2,355,000 $123,947 $2,203 5.28%
    $75k-100k 18 $2,120,000 $117,778 $1,997 5.27%
    $150k-250k 12 $3,050,000 $254,167 $2,570 5.04%
    $250k+ 8 $1,490,000 $186,250 $4,202 5.27%

    Kingston National Bank lent most frequently to those with incomes in the $100k-150k range, with 34 originations. The second most popular income band? $50k or less, with 28 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 32 $4,510,000 $140,938 $2,332 5.05%
    <20% 25 $3,545,000 $141,800 $2,435 5.04%
    30-36% 19 $3,465,000 $182,368 $2,390 5.07%
    >60% 6 $1,010,000 $168,333 $0 5.68%
    50-60% 6 $360,000 $60,000 $1,571 5.38%
    41% 5 $685,000 $137,000 $2,177 5.02%
    40% 4 $660,000 $165,000 $2,688 5.36%
    42% 4 $440,000 $110,000 $1,849 5.23%
    36% 4 $450,000 $112,500 $2,182 5.09%
    43% 3 $465,000 $155,000 $2,005 5.05%
    49% 2 $150,000 $75,000 $1,656 5.58%
    37% 1 $145,000 $145,000 $2,978 5.50%
    39% 1 $65,000 $65,000 $1,583 4.50%
    45% 1 $205,000 $205,000 $2,123 5.00%
    46% 1 $105,000 $105,000 $0 4.75%
    47% 1 $75,000 $75,000 $0 5.50%
    38% 1 $105,000 $105,000 $1,733 4.50%

    Kingston National Bank lent most frequently to those with DTI ratios of 20-30%, with 32 originations. The next most common DTI ratio? <20%, with 25 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 119 $16,705,000 $140,378 $2,313 5.14%
    Not applicable 23 $1,965,000 $85,435 $2,286 5.41%

    Approval Rates

    Total approvals of all applications
    90.43%

    Kingston National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.28%

    Kingston National Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 142 $18,670,000 $131,479

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 16 $1,600,000 $100,000
    Single Family (1-4 Units):Site-Built 126 $17,070,000 $135,476

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 14 $1,280,000 $91,429 $1,860 4.94%
    40-60% 20 $2,440,000 $122,000 $2,712 5.42%
    60-80% 82 $11,080,000 $135,122 $2,312 5.25%
    80-100% 20 $3,340,000 $167,000 $2,416 4.90%
    Under 20% 4 $220,000 $55,000 $1,268 5.19%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Kingston National Bank 11811 Main Street Adelphi, OH 43101 Full Service B&M $23,528
    Kingston National Bank 132 West Main Street Amanda, OH 43102 Full Service B&M $52,465
    Kingston National Bank 2 North Main Street Kingston, OH 45644 Full Service B&M $149,441
    Kingston National Bank 301 North Court Street Circleville, OH 43113 Full Service B&M $16,941
    Kingston National Bank 5101 South Union Street South Bloomfield, OH 43103 Full Service B&M $26,196
    Kingston National Bank 790 Western Avenue Chillicothe, OH 45601 Full Service B&M $49,531

    For 2019, Kingston National Bank had 6 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $14,970
    Net interest income $11,184
    Total noninterest income $1,256
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $436
    Trading account gains and fees $0
    Additional Noninterest Income $820
    Pre-tax net operating income $3,665
    Securities gains (or losses, -) $0
    Income before extraordinary items $3,062
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $3,062
    Minority interest net income $0
    Net income $3,062
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $3,062

    Kingston National Bank's gross interest income from loans was $14,970,000.
    Kingston National Bank's net interest income from loans was $11,184,000.
    Kingston National Bank's fee based income from loans was $436,000.
    Kingston National Bank's net income from loans was $3,062,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,786
    Provision for credit losses $90
    Total noninterest expense $8,685
    Salaries and employee benefits $4,862
    Premises and equipment expense $659
    Additional noninterest expense $3,164
    Applicable income taxes $603
    Net charge-offs $56
    Cash dividends $922

    Kingston National Bank's interest expense for loans was $3,786,000.
    Kingston National Bank's payroll and benefits expense were $4,862,000.
    Kingston National Bank's property, plant and equipment expenses $659,000.

    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 $325,673
    Deposits held in domestic offices $325,673
    Deposits by Individuals, partnerships, and corporations $261,926
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $63,747
    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 $101,519
    Demand deposits $62,031
    Nontransaction accounts $224,154
    Money market deposit accounts (MMDAs) $46,106
    Other savings deposits (excluding MMDAs) $46,606
    Total time deposits $131,441
    Total time and savings deposits $263,642
    Noninterest-bearing deposits $62,534
    Interest-bearing deposits $263,139
    Retail deposits $283,268
    IRAs and Keogh plan accounts $11,384
    Brokered deposits $5,000
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $373,148
    Cash & Balances due from depository institutions $10,010
    Interest-bearing balances $1,906
    Total securities $82,213
    Federal funds sold & reverse repurchase $2,379
    Net loans and leases $262,127
    Loan and leases loss allowance $2,591
    Trading account assets $0
    Bank premises and fixed assets $6,141
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $10,278

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $373,148
    Total Liabilities $340,997
    Total deposits $325,673
    Interest-bearing deposits $263,139
    Deposits held in domestic offices $325,673
    % insured (estimated) $73
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $12,510
    Subordinated debt $0
    All other liabilities $2,814

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $262,127
    Loan and leases loss allowance $2,591
    Total loans and leases (domestic) $264,718
    All real estate loans $177,168
    Real estate loans in domestic offices $177,168
    Construction and development loans $6,443
    Residential 1-4 family construction $5,176
    Other construction, all land development and other land $1,267
    Loans secured by nonfarm nonresidential properties $22,199
    Nonfarm nonresidential secured by owner-occupied properties $1,006
    Commercial real estate & other non-farm, non-residential $21,193
    Multifamily residential real estate $1,969
    1-4 family residential loans $81,812
    Farmland loans $64,745
    Loans held in foreign offices $0
    Farm loans $46,361
    Commercial and industrial loans $31,874
    To non-U.S. addressees $0
    Loans to individuals $7,509
    Credit card loans $886
    Related Plans $0
    Consumer Auto Loans $3,834
    Other loans to individuals $2,789
    All other loans & leases $1,839
    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 $88
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Kingston National Bank had $262,127,000 of loans outstanding in 2019. $177,168,000 of loans were in real estate loans. $6,443,000 of loans were in development loans. $1,969,000 of loans were in multifamily mortgage loans. $81,812,000 of loans were in 1-4 family mortgage loans. $46,361,000 of loans were in farm loans. $886,000 of loans were in credit card loans. $3,834,000 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 133 $15,509 $116,609
    Nonfarm, nonresidential loans - <$100k 61 $2,457 $40,279
    Nonfarm, nonresidential loans - $100-250k 37 $4,440 $120,000
    Nonfarm, nonresidential loans - $250k-1MM 35 $8,612 $246,057
    Commercial & Industrial, US addressed loans - <$1MM 393 $23,705 $60,318
    Commercial & Industrial, US addressed loans - <$100k 271 $5,463 $20,159
    Commercial & Industrial, US addressed loans - $100-250k 87 $7,615 $87,529
    Commercial & Industrial, US addressed loans - $250k-1MM 35 $10,627 $303,629
    Farmland loans - <$1MM 107 $15,282 $142,822
    Farmland loans - <$100k 24 $1,078 $44,917
    Farmland loans - $100-250k 48 $5,592 $116,500
    Farmland loans - $250k-1MM 35 $8,612 $246,057
    Agriculture operations loans - <$1MM 576 $31,810 $55,226
    Agriculture operations loans - <$100k 356 $8,906 $25,017
    Agriculture operations loans - $100-250k 180 $15,279 $84,883
    Agriculture operations loans - $250k-1MM 40 $7,625 $190,625