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, Cash Out Refi, and Refi loans. Kingston National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Columbus, Chillicothe, Mount Vernon, Portsmouth, and Jackson among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Kingston National Bank has an average approval rate when compared to the average across all lenders. They have an 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

    215

    Origination Dollar Volume (All Markets)

    $39,505,000

    Employee count

    73

    Awards

    Kingston National Bank 30 Year Conventional Loans gold Kingston National Bank 30 Year Conventional Loans silver
    Show all (2) awards

    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) 110 $22,200,000 $201,818 $2,614 3.34%
    Chillicothe, OH (FHA|USDA|VA) 88 $14,170,000 $161,023 $2,434 3.52%
    Mount Vernon, OH (FHA|USDA|VA) 5 $1,555,000 $311,000 $3,816 3.56%
    Outside of Metro Areas 7 $885,000 $126,429 $2,002 3.62%
    Portsmouth, OH (FHA|USDA|VA) 1 $335,000 $335,000 $4,493 3.85%
    Jackson, OH (FHA|USDA|VA) 1 $145,000 $145,000 $2,795 2.95%
    SPRINGFIELD, OH (FHA|USDA|VA) 1 $125,000 $125,000 $2,094 2.95%
    Washington Court House, OH (FHA|USDA|VA) 2 $90,000 $45,000 $0 4.25%
    Kingston National Bank's top markets include Columbus, Chillicothe, Mount Vernon, Portsmouth, and Jackson 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: 72
    EDUCATION FIRST CREDIT UNION, INC.
    Similarity Rank: 567
    TrueCore Federal Credit Union
    Similarity Rank: 716
    First Federal Savings and Loan Association
    Similarity Rank: 979
    Liberty National Bank
    Similarity Rank: 1104
    LCNB National Bank
    Similarity Rank: 1131
    Kingston National Bank
    Similarity Rank: 1760
    The Community Bank
    Similarity Rank: 1953
    1st National Bank
    Similarity Rank: 2088
    The Old Fort Banking Company
    Similarity Rank: 2160

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 215 $39,505,000 $183,744 $2,553 3.43%

    For 2021, Kingston National Bank's most frequently originated type of loan was Conventional, with 215 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 91 $15,785,000 $173,462 $3,013 3.65%
    Cash Out Refi 68 $13,830,000 $203,382 $2,468 3.28%
    Refi 54 $9,450,000 $175,000 $2,152 3.23%
    Home Improvement 2 $440,000 $220,000 $0 4.38%

    For 2021, Kingston National Bank's most frequently cited loan purpose was Home Purchase, with 91 originations. The 2nd most popular reason was Cash Out Refi, with 68 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 88 $15,630,000 $177,614 $2,459 3.32%
    30 Year 42 $8,830,000 $210,238 $2,561 3.67%
    15 Year 26 $4,010,000 $154,231 $2,104 3.29%
    10 Year 20 $2,140,000 $107,000 $2,048 3.33%
    Other 17 $4,245,000 $249,706 $3,402 3.37%
    30+ year 13 $3,985,000 $306,538 $3,693 3.57%
    5 Year 8 $560,000 $70,000 $1,616 3.99%
    1 Year 1 $105,000 $105,000 $0 4.25%

    For 2021, Kingston National Bank's most frequently cited loan duration was 20 Year, with 88 originations. The 2nd most popular length was 30 Year, with 42 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 100 $12,160,000 $121,600
    $1k-2k 69 $20,885,000 $302,681
    $5k+ 1 $295,000 $295,000

    Kingston National Bank's average total fees were $2,561, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 100 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 99 $19,585,000 $197,828
    3-4% 80 $16,030,000 $200,375
    4-5% 35 $3,795,000 $108,429

    During 2021, Kingston National Bank's average interest rate for loans was 3.67%, while their most frequently originated rate bucket for loans was 2.5-3%, with 99 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 73 $10,245,000 $140,342 $2,127 3.40%
    $200k-400k 71 $19,855,000 $279,648 $3,150 3.34%
    $100,000 or less 60 $3,970,000 $66,167 $1,808 3.61%
    $400k-600k 9 $4,005,000 $445,000 $3,799 3.31%
    $600k-1MM 2 $1,430,000 $715,000 $6,426 3.38%

    2021 saw Kingston National Bank place emphasis on $100k-200k loans with 73 originations, totaling $10,245,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 43 $9,315,000 $216,628 $2,700 3.34%
    $75k-100k 39 $6,775,000 $173,718 $2,515 3.23%
    $50k-75k 35 $3,725,000 $106,429 $2,033 3.43%
    $150k-250k 32 $8,670,000 $270,938 $3,065 3.35%
    $50k or less 25 $2,135,000 $85,400 $1,928 3.37%
    $250k+ 15 $4,475,000 $298,333 $3,423 3.30%

    Kingston National Bank lent most frequently to those with incomes in the $100k-150k range, with 43 originations. The second most popular income band? $75k-100k, with 39 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 73 $13,525,000 $185,274 $2,659 3.31%
    <20% 45 $7,485,000 $166,333 $2,319 3.31%
    30-36% 27 $4,955,000 $183,519 $2,669 3.28%
    37% 7 $1,725,000 $246,429 $2,738 3.41%
    41% 6 $1,270,000 $211,667 $2,511 3.22%
    36% 6 $1,500,000 $250,000 $2,727 3.09%
    39% 5 $1,415,000 $283,000 $2,503 3.29%
    40% 3 $585,000 $195,000 $2,476 3.52%
    38% 3 $325,000 $108,333 $1,817 3.05%
    >60% 3 $345,000 $115,000 $0 4.15%
    49% 3 $345,000 $115,000 $1,781 3.82%
    42% 2 $560,000 $280,000 $2,783 3.35%
    50-60% 2 $230,000 $115,000 $0 4.38%
    44% 1 $145,000 $145,000 $1,543 3.25%
    47% 1 $265,000 $265,000 $3,336 3.85%
    43% 1 $195,000 $195,000 $2,965 3.85%

    Kingston National Bank lent most frequently to those with DTI ratios of 20-30%, with 73 originations. The next most common DTI ratio? <20%, with 45 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 186 $34,640,000 $186,237 $2,560 3.33%
    Not applicable 26 $4,410,000 $169,615 $0 4.18%
    Black 2 $290,000 $145,000 $1,558 4.05%
    Asian 1 $165,000 $165,000 $2,375 2.95%

    Approval Rates

    Total approvals of all applications
    89.66%

    Kingston National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    91.16%

    Kingston National Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 215 $39,505,000 $183,744

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    215 $39,505,000 $183,744

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 28 $3,670,000 $131,071 $2,190 3.20%
    40-60% 57 $10,445,000 $183,246 $2,403 3.31%
    60-80% 108 $21,600,000 $200,000 $2,716 3.57%
    80-100% 15 $3,225,000 $215,000 $3,045 3.33%
    Under 20% 6 $520,000 $86,667 $1,850 3.37%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Kingston National Bank 11811 Main Street Adelphi, OH 43101 Full Service B&M $29,406
    Kingston National Bank 132 West Main Street Amanda, OH 43102 Full Service B&M $60,915
    Kingston National Bank 2 North Main Street Kingston, OH 45644 Full Service B&M $181,475
    Kingston National Bank 301 North Court Street Circleville, OH 43113 Full Service B&M $29,405
    Kingston National Bank 5101 South Union Street South Bloomfield, OH 43103 Full Service B&M $34,835
    Kingston National Bank 790 Western Avenue Chillicothe, OH 45601 Full Service B&M $69,499

    For 2021, Kingston National Bank had 6 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $16,439
    Net interest income $15,192
    Total noninterest income $1,616
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $586
    Trading account gains and fees $0
    Additional Noninterest Income $1,030
    Pre-tax net operating income $5,682
    Securities gains (or losses, -) $25
    Income before extraordinary items $4,700
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $4,700
    Minority interest net income $0
    Net income $4,700
    Sale, conversion, retirement of capital stock, net $7,400
    Net operating income $4,679

    Kingston National Bank's gross interest income from loans was $16,439,000.
    Kingston National Bank's net interest income from loans was $15,192,000.
    Kingston National Bank's fee based income from loans was $586,000.
    Kingston National Bank's net income from loans was $4,700,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,247
    Provision for credit losses $480
    Total noninterest expense $10,646
    Salaries and employee benefits $5,915
    Premises and equipment expense $853
    Additional noninterest expense $3,878
    Applicable income taxes $1,007
    Net charge-offs $-19
    Cash dividends $972

    Kingston National Bank's interest expense for loans was $1,247,000.
    Kingston National Bank's payroll and benefits expense were $5,915,000.
    Kingston National Bank's property, plant and equipment expenses $853,000.

    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 $419,345
    Deposits held in domestic offices $419,345
    Deposits by Individuals, partnerships, and corporations $352,712
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $66,632
    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 $159,562
    Demand deposits $106,231
    Nontransaction accounts $259,782
    Money market deposit accounts (MMDAs) $82,574
    Other savings deposits (excluding MMDAs) $68,804
    Total time deposits $108,404
    Total time and savings deposits $313,113
    Noninterest-bearing deposits $107,010
    Interest-bearing deposits $312,335
    Retail deposits $374,384
    IRAs and Keogh plan accounts $11,530
    Brokered deposits $5,000
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $477,081
    Cash & Balances due from depository institutions $10,219
    Interest-bearing balances $2,034
    Total securities $114,044
    Federal funds sold & reverse repurchase $2,626
    Net loans and leases $330,239
    Loan and leases loss allowance $3,217
    Trading account assets $0
    Bank premises and fixed assets $8,160
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $11,793

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $477,081
    Total Liabilities $431,823
    Total deposits $419,345
    Interest-bearing deposits $312,335
    Deposits held in domestic offices $419,345
    % insured (estimated) $70
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $9,323
    Subordinated debt $0
    All other liabilities $3,155

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $330,239
    Loan and leases loss allowance $3,217
    Total loans and leases (domestic) $333,456
    All real estate loans $230,873
    Real estate loans in domestic offices $230,873
    Construction and development loans $6,140
    Residential 1-4 family construction $4,054
    Other construction, all land development and other land $2,086
    Loans secured by nonfarm nonresidential properties $39,944
    Nonfarm nonresidential secured by owner-occupied properties $1,974
    Commercial real estate & other non-farm, non-residential $37,970
    Multifamily residential real estate $2,074
    1-4 family residential loans $105,517
    Farmland loans $77,198
    Loans held in foreign offices $0
    Farm loans $54,220
    Commercial and industrial loans $35,043
    To non-U.S. addressees $0
    Loans to individuals $11,715
    Credit card loans $1,023
    Related Plans $0
    Consumer Auto Loans $6,550
    Other loans to individuals $4,142
    All other loans & leases $1,802
    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 $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Kingston National Bank had $330,239,000 of loans outstanding in 2021. $230,873,000 of loans were in real estate loans. $6,140,000 of loans were in development loans. $2,074,000 of loans were in multifamily mortgage loans. $105,517,000 of loans were in 1-4 family mortgage loans. $54,220,000 of loans were in farm loans. $1,023,000 of loans were in credit card loans. $6,550,000 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 186 $28,475 $153,091
    Nonfarm, nonresidential loans - <$100k 70 $2,829 $40,414
    Nonfarm, nonresidential loans - $100-250k 61 $8,057 $132,082
    Nonfarm, nonresidential loans - $250k-1MM 55 $17,589 $319,800
    Commercial & Industrial, US addressed loans - <$1MM 390 $24,349 $62,433
    Commercial & Industrial, US addressed loans - <$100k 272 $6,134 $22,551
    Commercial & Industrial, US addressed loans - $100-250k 74 $6,915 $93,446
    Commercial & Industrial, US addressed loans - $250k-1MM 44 $11,300 $256,818
    Farmland loans - <$1MM 85 $12,699 $149,400
    Farmland loans - <$100k 20 $1,062 $53,100
    Farmland loans - $100-250k 35 $3,771 $107,743
    Farmland loans - $250k-1MM 30 $7,866 $262,200
    Agriculture operations loans - <$1MM 636 $39,323 $61,829
    Agriculture operations loans - <$100k 373 $9,799 $26,271
    Agriculture operations loans - $100-250k 215 $19,536 $90,865
    Agriculture operations loans - $250k-1MM 48 $9,988 $208,083