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

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    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