Fnb Bank Mortgage Rates, Fees & Info

Romney, WV

LEI: 254900UEITST3NEK8Y27

Tax ID: 55-0267604

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Fnb Bank is a smaller bank specializing in Home Purchase and Refi loans. Fnb Bank has a high proportion of conventional loans. Their top markets by origination volume include: Winchester, Cumberland, and Hagerstown among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Fnb Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.

    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.

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    Originations

    92

    Origination Dollar Volume (All Markets)

    $12,670,000

    Employee count

    54

    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
    WINCHESTER, VA-WV (FHA|USDA|VA) 65 $8,255,000 $127,000 $0 0.00%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 20 $3,240,000 $162,000 $0 0.00%
    Outside of Metro Areas 6 $1,050,000 $175,000 $0 0.00%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $125,000 $125,000 $0 0.00%
    Fnb Bank's top markets include Winchester, Cumberland, and Hagerstown among others.

    Their top states include:
  • West Virginia (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 92 $12,670,000 $137,717 $0 0.00%

    For 2019, Fnb Bank's most frequently originated type of loan was Conventional, with 92 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 62 $9,250,000 $149,194 $0 0.00%
    Refi 22 $3,110,000 $141,364 $0 0.00%
    Home Improvement 4 $170,000 $42,500 $0 0.00%
    Other 4 $140,000 $35,000 $0 0.00%

    For 2019, Fnb Bank's most frequently cited loan purpose was Home Purchase, with 62 originations. The 2nd most popular reason was Refi, with 22 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 92 $12,670,000 $137,717 $0 0.00%

    For 2019, Fnb Bank's most frequently cited loan duration was Other, with 92 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 42 $2,610,000 $62,143 $0 0.00%
    $100k-200k 32 $4,410,000 $137,813 $0 0.00%
    $200k-400k 14 $3,590,000 $256,429 $0 0.00%
    $400k-600k 4 $2,060,000 $515,000 $0 0.00%

    2019 saw Fnb Bank place emphasis on $100,000 or less loans with 42 originations, totaling $2,610,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 27 $2,205,000 $81,667 $0 0.00%
    $150k-250k 17 $3,555,000 $209,118 $0 0.00%
    $50k-75k 17 $1,955,000 $115,000 $0 0.00%
    $75k-100k 11 $1,645,000 $149,545 $0 0.00%
    $100k-150k 9 $1,685,000 $187,222 $0 0.00%
    $250k+ 6 $1,120,000 $186,667 $0 0.00%

    Fnb Bank lent most frequently to those with incomes in the $50k or less range, with 27 originations. The second most popular income band? $150k-250k, with 17 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 92 $12,670,000 $137,717 $0 0.00%

    Fnb Bank lent most frequently to those with DTI ratios of Exempt%, with 92 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 88 $12,090,000 $137,386 $0 0.00%
    Not provided 1 $275,000 $275,000 $0 0.00%
    Not applicable 2 $250,000 $125,000 $0 0.00%
    Asian 1 $55,000 $55,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.45%

    Fnb Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    93.48%

    Fnb Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 92 $12,670,000 $137,717

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $275,000 $275,000
    Single Family (1-4 Units):Manufactured 17 $1,575,000 $92,647
    Single Family (1-4 Units):Site-Built 74 $10,820,000 $146,216

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    FNB Bank, Inc. 105 North High Street, P.O. Box 1037 Romney, WV 26757 Full Service B&M $112,087
    FNB Bank, Inc. 90 W Rosemary Lane Romney, WV 26757 Limited, Administrative $0
    FNB Bank, Inc. Route 28 Fort Ashby, WV 26719 Full Service B&M $9,274
    FNB Bank, Inc. Route 50 Capon Bridge, WV 26711 Full Service B&M $20,912
    FNB Bank, Inc. Route 50, Hc-63, Box 3270 Romney, WV 26757 Full Service B&M $15,615

    For 2019, Fnb Bank had 5 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $9,280
    Net interest income $7,428
    Total noninterest income $949
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $531
    Trading account gains and fees $0
    Additional Noninterest Income $418
    Pre-tax net operating income $2,797
    Securities gains (or losses, -) $-26
    Income before extraordinary items $2,186
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $2,186
    Minority interest net income $0
    Net income $2,186
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $2,206

    Fnb Bank's gross interest income from loans was $9,280,000.
    Fnb Bank's net interest income from loans was $7,428,000.
    Fnb Bank's fee based income from loans was $531,000.
    Fnb Bank's net income from loans was $2,186,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,852
    Provision for credit losses $120
    Total noninterest expense $5,460
    Salaries and employee benefits $3,038
    Premises and equipment expense $524
    Additional noninterest expense $1,898
    Applicable income taxes $585
    Net charge-offs $43
    Cash dividends $713

    Fnb Bank's interest expense for loans was $1,852,000.
    Fnb Bank's payroll and benefits expense were $3,038,000.
    Fnb Bank's property, plant and equipment expenses $524,000.

    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 1.0%
    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 $159,622
    Deposits held in domestic offices $159,622
    Deposits by Individuals, partnerships, and corporations $145,419
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $12,900
    Deposits by Commercial banks and other depository institutions in U.S. $1,303
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $57,266
    Demand deposits $34,758
    Nontransaction accounts $102,356
    Money market deposit accounts (MMDAs) $9,602
    Other savings deposits (excluding MMDAs) $26,531
    Total time deposits $66,223
    Total time and savings deposits $124,864
    Noninterest-bearing deposits $34,758
    Interest-bearing deposits $124,864
    Retail deposits $132,400
    IRAs and Keogh plan accounts $10,189
    Brokered deposits $21,304
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $203,841
    Cash & Balances due from depository institutions $9,424
    Interest-bearing balances $6,856
    Total securities $27,222
    Federal funds sold & reverse repurchase $5,238
    Net loans and leases $149,237
    Loan and leases loss allowance $1,833
    Trading account assets $0
    Bank premises and fixed assets $4,118
    Other real estate owned $544
    Goodwill and other intangibles $0
    All other assets $8,058

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $203,841
    Total Liabilities $182,647
    Total deposits $159,622
    Interest-bearing deposits $124,864
    Deposits held in domestic offices $159,622
    % insured (estimated) $77
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $20,050
    Subordinated debt $0
    All other liabilities $2,975

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $149,237
    Loan and leases loss allowance $1,833
    Total loans and leases (domestic) $151,070
    All real estate loans $122,182
    Real estate loans in domestic offices $122,182
    Construction and development loans $10,057
    Residential 1-4 family construction $1,530
    Other construction, all land development and other land $8,527
    Loans secured by nonfarm nonresidential properties $34,261
    Nonfarm nonresidential secured by owner-occupied properties $22,668
    Commercial real estate & other non-farm, non-residential $11,593
    Multifamily residential real estate $3,927
    1-4 family residential loans $61,857
    Farmland loans $12,080
    Loans held in foreign offices $0
    Farm loans $2,188
    Commercial and industrial loans $17,165
    To non-U.S. addressees $0
    Loans to individuals $7,587
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $4,190
    Other loans to individuals $3,397
    All other loans & leases $1,948
    Loans to foreign governments and official institutions $0
    Other loans $322
    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 $1,813
    Non 1-4 family restructured loans & leases $806
    Total loans and leases (foreign) $0

    FNB Bank had $149,237,000 of loans outstanding in 2019. $122,182,000 of loans were in real estate loans. $10,057,000 of loans were in development loans. $3,927,000 of loans were in multifamily mortgage loans. $61,857,000 of loans were in 1-4 family mortgage loans. $2,188,000 of loans were in farm loans. $0 of loans were in credit card loans. $4,190,000 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 159 $23,861 $150,069
    Nonfarm, nonresidential loans - <$100k 59 $2,713 $45,983
    Nonfarm, nonresidential loans - $100-250k 64 $7,990 $124,844
    Nonfarm, nonresidential loans - $250k-1MM 36 $13,158 $365,500
    Commercial & Industrial, US addressed loans - <$1MM 248 $12,230 $49,315
    Commercial & Industrial, US addressed loans - <$100k 201 $4,947 $24,612
    Commercial & Industrial, US addressed loans - $100-250k 37 $3,722 $100,595
    Commercial & Industrial, US addressed loans - $250k-1MM 10 $3,561 $356,100
    Farmland loans - <$1MM 28 $3,260 $116,429
    Farmland loans - <$100k 14 $704 $50,286
    Farmland loans - $100-250k 8 $791 $98,875
    Farmland loans - $250k-1MM 6 $1,765 $294,167
    Agriculture operations loans - <$1MM 39 $1,818 $46,615
    Agriculture operations loans - <$100k 33 $695 $21,061
    Agriculture operations loans - $100-250k 2 $326 $163,000
    Agriculture operations loans - $250k-1MM 4 $797 $199,250