First National Bank Of Bellevue Mortgage Rates, Fees & Info

Bellevue, OH

LEI: 254900KOJTW8YS8AL287

Tax ID: 34-4186000

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

Review & Overview

First National Bank Of Bellevue is a smaller bank specializing in Home Purchase, Cash Out Refi, and Refi loans. First National Bank Of Bellevue has a high proportion of conventional loans. Their top markets by origination volume include: Fremont, Toledo, Norwalk, Cleveland, and Tiffin among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)

First National Bank Of Bellevue 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. First National Bank Of Bellevue 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	6.81%	12/16/24
30 Year Conventional Refi	6.64%	12/16/24
30 Year Cash-out Refi	6.87%	12/16/24
15 Year Conventional Purchase	6.67%	12/16/24
15 Year Conventional Refi	5.86%	12/16/24
15 Year Cash-out Refi	5.86%	12/16/24
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.

First National Bank Of Bellevue Mortgage Calculator

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

Originations

151

Origination Dollar Volume (All Markets)

$28,975,000

Employee count

Awards

First National Bank of Bellevue 30 Year Conventional Loans gold

Show all (1) 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
Fremont, OH (FHA\|USDA\|VA)	40	$9,530,000	$238,250	$3,571	2.82%
TOLEDO, OH (FHA\|USDA\|VA)	46	$7,610,000	$165,435	$3,880	2.87%
Norwalk, OH (FHA\|USDA\|VA)	22	$2,980,000	$135,455	$3,620	2.69%
CLEVELAND-ELYRIA, OH (FHA\|USDA\|VA)	8	$2,670,000	$333,750	$4,664	3.35%
Tiffin, OH (FHA\|USDA\|VA)	12	$2,170,000	$180,833	$3,055	2.82%
Sandusky, OH (FHA\|USDA\|VA)	13	$1,965,000	$151,154	$4,544	3.15%
COLUMBUS, OH (FHA\|USDA\|VA)	2	$810,000	$405,000	$4,181	3.19%
Mount Vernon, OH (FHA\|USDA\|VA)	3	$425,000	$141,667	$2,822	2.42%
CAPE CORAL-FORT MYERS, FL (FHA\|USDA\|VA)	1	$265,000	$265,000	$4,796	3.13%
DAYTON-KETTERING, OH (FHA\|USDA\|VA)	1	$215,000	$215,000	$3,371	3.00%
PUNTA GORDA, FL (FHA\|USDA\|VA)	1	$135,000	$135,000	$3,579	3.25%
CANTON-MASSILLON, OH (FHA\|USDA\|VA)	1	$125,000	$125,000	$2,293	2.38%
Bucyrus-Galion, OH (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	4.50%

First National Bank Of Bellevue's top markets include Fremont, Toledo, Norwalk, Cleveland, and Tiffin among others.

Their top states include:

Ohio (FHA|USDA|VA)

Florida (FHA|USDA|VA)

Similar Lenders

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

Bay Area Credit Union, Inc.
Similarity Rank: 12

First Federal Savings and Loan Association of Delta
Similarity Rank: 150

The Henry County Bank
Similarity Rank: 333

MYCUMORTGAGE, LLC
Similarity Rank: 381

YOUR HOME FINANCIAL LLC
Similarity Rank: 720

First Federal Savings and Loan Association of Lorain
Similarity Rank: 819

First National Bank of Bellevue
Similarity Rank: 1092

The Genoa Banking Company
Similarity Rank: 1305

The Croghan Colonial Bank
Similarity Rank: 1360

Union Savings Bank
Similarity Rank: 1650

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	151	$28,975,000	$191,887	$3,751	2.88%

For 2021, First National Bank Of Bellevue's most frequently originated type of loan was Conventional, with 151 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	53	$11,715,000	$221,038	$3,393	3.36%
Cash Out Refi	52	$8,760,000	$168,462	$4,326	2.63%
Refi	46	$8,500,000	$184,783	$3,488	2.62%

For 2021, First National Bank Of Bellevue's most frequently cited loan purpose was Home Purchase, with 53 originations. The 2nd most popular reason was Cash Out Refi, with 52 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	64	$11,470,000	$179,219	$3,658	3.11%
15 Year	49	$6,775,000	$138,265	$3,368	2.36%
20 Year	28	$4,950,000	$176,786	$4,364	3.14%
10 Year	6	$870,000	$145,000	$3,904	2.56%
Other	3	$4,495,000	$1,498,333	$4,548	3.97%
30+ year	1	$415,000	$415,000	$11,413	5.25%

For 2021, First National Bank Of Bellevue's most frequently cited loan duration was 30 Year, with 64 originations. The 2nd most popular length was 15 Year, with 49 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$1k-2k	55	$8,935,000	$162,455
$<1k	52	$5,680,000	$109,231
$2k-3k	18	$3,210,000	$178,333
$3k-4k	9	$1,755,000	$195,000
$5k+	8	$3,930,000	$491,250
$4k-5k	3	$665,000	$221,667

First National Bank Of Bellevue's average total fees were $3,658, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 55 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
<2.5%	62	$9,520,000	$153,548
2.5-3%	44	$7,040,000	$160,000
3-4%	29	$4,505,000	$155,345
4-5%	15	$7,495,000	$499,667
5-6%	1	$415,000	$415,000

During 2021, First National Bank Of Bellevue's average interest rate for loans was 3.11%, while their most frequently originated rate bucket for loans was <2.5%, with 62 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-200k	60	$8,300,000	$138,333	$3,559	2.93%
$100,000 or less	47	$3,535,000	$75,213	$2,739	2.85%
$200k-400k	38	$9,220,000	$242,632	$4,629	2.73%
$400k-600k	4	$2,040,000	$510,000	$7,242	3.31%
$1MM+	2	$5,880,000	$2,940,000	$15,064	4.51%

2021 saw First National Bank Of Bellevue place emphasis on $100k-200k loans with 60 originations, totaling $8,300,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k or less	37	$3,485,000	$94,189	$2,707	2.84%
$50k-75k	34	$4,640,000	$136,471	$3,459	2.72%
$100k-150k	27	$5,665,000	$209,815	$4,461	2.73%
$75k-100k	25	$4,025,000	$161,000	$4,093	2.80%
$150k-250k	15	$3,145,000	$209,667	$4,109	3.01%
$250k+	8	$3,430,000	$428,750	$5,962	3.34%

First National Bank Of Bellevue lent most frequently to those with incomes in the $50k or less range, with 37 originations. The second most popular income band? $50k-75k, with 34 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	40	$5,690,000	$142,250	$3,226	2.81%
30-36%	31	$5,185,000	$167,258	$4,565	2.79%
<20%	19	$3,085,000	$162,368	$3,408	2.89%
41%	6	$850,000	$141,667	$3,643	3.29%
40%	6	$1,160,000	$193,333	$4,700	3.00%
36%	6	$780,000	$130,000	$4,186	2.46%
44%	5	$565,000	$113,000	$2,409	2.30%
38%	5	$1,025,000	$205,000	$4,057	2.70%
39%	4	$740,000	$185,000	$4,093	2.94%
37%	4	$610,000	$152,500	$2,946	2.66%
46%	4	$450,000	$112,500	$2,591	2.94%
42%	3	$225,000	$75,000	$2,915	2.58%
45%	3	$2,005,000	$668,333	$6,923	3.63%
47%	3	$575,000	$191,667	$3,758	3.17%
48%	2	$210,000	$105,000	$3,622	2.31%
43%	2	$260,000	$130,000	$2,954	2.25%
50-60%	1	$215,000	$215,000	$3,991	2.75%
49%	1	$545,000	$545,000	$4,635	2.75%

First National Bank Of Bellevue lent most frequently to those with DTI ratios of 20-30%, with 40 originations. The next most common DTI ratio? 30-36%, with 31 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	145	$24,175,000	$166,724	$3,751	2.82%
Not applicable	5	$4,585,000	$917,000	$0	4.49%
Not provided	1	$215,000	$215,000	$0	4.50%

Approval Rates

Total approvals of all applications
95.08%

First National Bank Of Bellevue 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
86.09%

First National Bank Of Bellevue has an average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
NA	151	$28,975,000	$191,887

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	151	$28,975,000	$191,887

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	12	$1,510,000	$125,833	$2,721	2.68%
40-60%	29	$4,635,000	$159,828	$3,411	2.86%
60-80%	68	$16,910,000	$248,676	$4,296	2.94%
80-100%	41	$5,815,000	$141,829	$3,468	2.85%
Under 20%	1	$105,000	$105,000	$2,044	3.25%

Complaints

Bank Name	Product	Issue	2021 CPFB Complaints	% of Total Issues
FIRST NATIONAL BANK OF OMAHA	Other type of mortgage	Struggling to pay mortgage	1	25.0%
FIRST NATIONAL BANK OF OMAHA	FHA mortgage	Improper use of your report	1	25.0%
FIRST NATIONAL BANK OF OMAHA	Conventional home mortgage	Applying for a mortgage or refinancing an existing mortgage	1	25.0%
FIRST NATIONAL BANK OF OMAHA	Conventional home mortgage	Trouble during payment process	1	25.0%

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
The First National Bank of Bellevue	180 Erie Street Put-In-Bay, OH 43456	Full Service B&M	$27,653
The First National Bank of Bellevue	103 E Mcpherson Hwy Clyde, OH 43410	Full Service B&M	$11,913
The First National Bank of Bellevue	117 West Perry Street Port Clinton, OH 43452	Full Service B&M	$41,833
The First National Bank of Bellevue	120 North Street Bellevue, OH 44811	Full Service B&M	$121,831
The First National Bank of Bellevue	1300 Oak Harbor Road Fremont, OH 43420	Full Service B&M	$8,342
The First National Bank of Bellevue	200 South East Catawba Road Port Clinton, OH 43452	Full Service B&M	$28,691
The First National Bank of Bellevue	3410 Venice Road Sandusky, OH 44870	Full Service B&M	$19,877
The First National Bank of Bellevue	4000 Milan Road Sandusky, OH 44870	Full Service B&M	$13,408

For 2021, First National Bank Of Bellevue had 8 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$11,070
Net interest income	$10,496
Total noninterest income	$1,627
Gross Fiduciary activities income	$0
Service charges on deposit accounts	$269
Trading account gains and fees	$0
Additional Noninterest Income	$1,358
Pre-tax net operating income	$4,386
Securities gains (or losses, -)	$-1
Income before extraordinary items	$3,545
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$3,545
Minority interest net income	$0
Net income	$3,545
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$3,545

First National Bank Of Bellevue's gross interest income from loans was $11,070,000.
First National Bank Of Bellevue's net interest income from loans was $10,496,000.
First National Bank Of Bellevue's fee based income from loans was $269,000.
First National Bank Of Bellevue's net income from loans was $3,545,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$574
Provision for credit losses	$45
Total noninterest expense	$7,692
Salaries and employee benefits	$4,339
Premises and equipment expense	$1,050
Additional noninterest expense	$2,303
Applicable income taxes	$840
Net charge-offs	$289
Cash dividends	$0

First National Bank Of Bellevue's interest expense for loans was $574,000.
First National Bank Of Bellevue's payroll and benefits expense were $4,339,000.
First National Bank Of Bellevue's property, plant and equipment expenses $1,050,000.

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	1.0%
Credit card loans	0.0%
Other individual loans	1.0%
Auto loans	0.0%
Other consumer loans	3.0%
Unsecured commercial real estate loans	0.0%

Deposits

Type	Value (in 000's)
Total deposits	$273,498
Deposits held in domestic offices	$273,498
Deposits by Individuals, partnerships, and corporations	$227,937
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$45,320
Deposits by Commercial banks and other depository institutions in U.S.	$241
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$144,253
Demand deposits	$59,742
Nontransaction accounts	$129,245
Money market deposit accounts (MMDAs)	$46,019
Other savings deposits (excluding MMDAs)	$43,633
Total time deposits	$39,594
Total time and savings deposits	$213,756
Noninterest-bearing deposits	$59,762
Interest-bearing deposits	$213,736
Retail deposits	$252,973
IRAs and Keogh plan accounts	$2,826
Brokered deposits	$13,058
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$304,810
Cash & Balances due from depository institutions	$5,549
Interest-bearing balances	$0
Total securities	$106,036
Federal funds sold & reverse repurchase	$9,909
Net loans and leases	$167,707
Loan and leases loss allowance	$2,628
Trading account assets	$0
Bank premises and fixed assets	$7,473
Other real estate owned	$0
Goodwill and other intangibles	$840
All other assets	$7,296

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$304,810
Total Liabilities	$275,175
Total deposits	$273,498
Interest-bearing deposits	$213,736
Deposits held in domestic offices	$273,498
% insured (estimated)	$72
Federal funds purchased and repurchase agreements	$0
Trading liabilities	$0
Other borrowed funds	$0
Subordinated debt	$0
All other liabilities	$1,677

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$167,707
Loan and leases loss allowance	$2,628
Total loans and leases (domestic)	$170,335
All real estate loans	$131,478
Real estate loans in domestic offices	$131,478
Construction and development loans	$1,965
Residential 1-4 family construction	$1,177
Other construction, all land development and other land	$788
Loans secured by nonfarm nonresidential properties	$82,750
Nonfarm nonresidential secured by owner-occupied properties	$50,031
Commercial real estate & other non-farm, non-residential	$32,719
Multifamily residential real estate	$3,535
1-4 family residential loans	$37,730
Farmland loans	$5,498
Loans held in foreign offices	$0
Farm loans	$2,546
Commercial and industrial loans	$31,042
To non-U.S. addressees	$0
Loans to individuals	$2,482
Credit card loans	$622
Related Plans	$0
Consumer Auto Loans	$1,015
Other loans to individuals	$845
All other loans & leases	$2,787
Loans to foreign governments and official institutions	$0
Other loans	$0
Loans to depository institutions and acceptances of other banks	$2,787
Loans not secured by real estate	$0
Loans secured by real estate to non-U.S. addressees	$0
Restructured Loans & leases	$460
Non 1-4 family restructured loans & leases	$460
Total loans and leases (foreign)	$0

First National Bank of Bellevue had $167,707,000 of loans outstanding in 2021. $131,478,000 of loans were in real estate loans. $1,965,000 of loans were in development loans. $3,535,000 of loans were in multifamily mortgage loans. $37,730,000 of loans were in 1-4 family mortgage loans. $2,546,000 of loans were in farm loans. $622,000 of loans were in credit card loans. $1,015,000 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	207	$45,791	$221,213
Nonfarm, nonresidential loans - <$100k	54	$2,452	$45,407
Nonfarm, nonresidential loans - $100-250k	61	$7,744	$126,951
Nonfarm, nonresidential loans - $250k-1MM	92	$35,595	$386,902
Commercial & Industrial, US addressed loans - <$1MM	302	$19,495	$64,553
Commercial & Industrial, US addressed loans - <$100k	210	$4,585	$21,833
Commercial & Industrial, US addressed loans - $100-250k	46	$3,421	$74,370
Commercial & Industrial, US addressed loans - $250k-1MM	46	$11,489	$249,761
Farmland loans - <$1MM	41	$3,452	$84,195
Farmland loans - <$100k	12	$528	$44,000
Farmland loans - $100-250k	16	$878	$54,875
Farmland loans - $250k-1MM	13	$2,046	$157,385
Agriculture operations loans - <$1MM	31	$2,170	$70,000
Agriculture operations loans - <$100k	23	$612	$26,609
Agriculture operations loans - $100-250k	5	$771	$154,200
Agriculture operations loans - $250k-1MM	3	$787	$262,333