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, Hagerstown, Washington, and Myrtle Beach among others. We have data for 7 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 a below 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

    133

    Origination Dollar Volume (All Markets)

    $23,195,000

    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) 86 $15,000,000 $174,419 $0 0.00%
    Outside of Metro Areas 15 $3,395,000 $226,333 $0 0.00%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 25 $3,385,000 $135,400 $0 0.00%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 3 $605,000 $201,667 $0 0.00%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $440,000 $220,000 $0 0.00%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $325,000 $325,000 $0 0.00%
    MORGANTOWN, WV (FHA|USDA|VA) 1 $45,000 $45,000 $0 0.00%
    Fnb Bank's top markets include Winchester, Cumberland, Hagerstown, Washington, and Myrtle Beach among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 133 $23,195,000 $174,398 $0 0.00%

    For 2020, Fnb Bank's most frequently originated type of loan was Conventional, with 133 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 81 $14,445,000 $178,333 $0 0.00%
    Refi 44 $7,920,000 $180,000 $0 0.00%
    Other 6 $700,000 $116,667 $0 0.00%
    Home Improvement 2 $130,000 $65,000 $0 0.00%

    For 2020, Fnb Bank's most frequently cited loan purpose was Home Purchase, with 81 originations. The 2nd most popular reason was Refi, with 44 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 133 $23,195,000 $174,398 $0 0.00%

    For 2020, Fnb Bank's most frequently cited loan duration was Other, with 133 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 58 $8,670,000 $149,483 $0 0.00%
    $100,000 or less 40 $2,670,000 $66,750 $0 0.00%
    $200k-400k 24 $6,180,000 $257,500 $0 0.00%
    $400k-600k 9 $4,395,000 $488,333 $0 0.00%
    $600k-1MM 2 $1,280,000 $640,000 $0 0.00%

    2020 saw Fnb Bank place emphasis on $100k-200k loans with 58 originations, totaling $8,670,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 26 $3,200,000 $123,077 $0 0.00%
    $100k-150k 25 $4,915,000 $196,600 $0 0.00%
    $75k-100k 24 $3,900,000 $162,500 $0 0.00%
    $50k or less 20 $1,770,000 $88,500 $0 0.00%
    $150k-250k 16 $2,880,000 $180,000 $0 0.00%
    $250k+ 12 $4,780,000 $398,333 $0 0.00%

    Fnb Bank lent most frequently to those with incomes in the $50k-75k range, with 26 originations. The second most popular income band? $100k-150k, with 25 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 133 $23,195,000 $174,398 $0 0.00%

    Fnb Bank lent most frequently to those with DTI ratios of Exempt%, with 133 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 127 $22,075,000 $173,819 $0 0.00%
    Not applicable 5 $1,105,000 $221,000 $0 0.00%
    Not provided 1 $15,000 $15,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    93.13%

    Fnb Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    87.97%

    Fnb Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 133 $23,195,000 $174,398

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 2 $440,000 $220,000
    Single Family (1-4 Units):Manufactured 19 $1,685,000 $88,684
    Single Family (1-4 Units):Site-Built 112 $21,070,000 $188,125

    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 $128,102
    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 $12,059
    Fnb Bank, Inc. Route 50 Capon Bridge, WV 26711 Full Service B&M $29,183
    Fnb Bank, Inc. Route 50, Hc-63, Box 3270 Romney, WV 26757 Full Service B&M $16,163

    For 2020, Fnb Bank had 5 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $9,798
    Net interest income $7,688
    Total noninterest income $988
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $366
    Trading account gains and fees $0
    Additional Noninterest Income $622
    Pre-tax net operating income $912
    Securities gains (or losses, -) $173
    Income before extraordinary items $951
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $951
    Minority interest net income $0
    Net income $951
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $798

    Fnb Bank's gross interest income from loans was $9,798,000.
    Fnb Bank's net interest income from loans was $7,688,000.
    Fnb Bank's fee based income from loans was $366,000.
    Fnb Bank's net income from loans was $951,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,110
    Provision for credit losses $2,363
    Total noninterest expense $5,401
    Salaries and employee benefits $2,884
    Premises and equipment expense $588
    Additional noninterest expense $1,929
    Applicable income taxes $134
    Net charge-offs $2,215
    Cash dividends $299

    Fnb Bank's interest expense for loans was $2,110,000.
    Fnb Bank's payroll and benefits expense were $2,884,000.
    Fnb Bank's property, plant and equipment expenses $588,000.

    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 $186,838
    Deposits held in domestic offices $186,838
    Deposits by Individuals, partnerships, and corporations $171,247
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $14,714
    Deposits by Commercial banks and other depository institutions in U.S. $877
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $78,599
    Demand deposits $48,529
    Nontransaction accounts $108,239
    Money market deposit accounts (MMDAs) $10,409
    Other savings deposits (excluding MMDAs) $31,541
    Total time deposits $66,289
    Total time and savings deposits $138,309
    Noninterest-bearing deposits $48,529
    Interest-bearing deposits $138,309
    Retail deposits $162,347
    IRAs and Keogh plan accounts $10,808
    Brokered deposits $18,753
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $238,348
    Cash & Balances due from depository institutions $9,564
    Interest-bearing balances $6,526
    Total securities $41,204
    Federal funds sold & reverse repurchase $13,412
    Net loans and leases $160,517
    Loan and leases loss allowance $1,981
    Trading account assets $0
    Bank premises and fixed assets $4,155
    Other real estate owned $245
    Goodwill and other intangibles $0
    All other assets $9,251

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $238,348
    Total Liabilities $216,217
    Total deposits $186,838
    Interest-bearing deposits $138,309
    Deposits held in domestic offices $186,838
    % insured (estimated) $77
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $27,053
    Subordinated debt $0
    All other liabilities $2,326

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $160,517
    Loan and leases loss allowance $1,981
    Total loans and leases (domestic) $162,498
    All real estate loans $132,248
    Real estate loans in domestic offices $132,248
    Construction and development loans $12,117
    Residential 1-4 family construction $1,510
    Other construction, all land development and other land $10,607
    Loans secured by nonfarm nonresidential properties $34,268
    Nonfarm nonresidential secured by owner-occupied properties $20,479
    Commercial real estate & other non-farm, non-residential $13,789
    Multifamily residential real estate $4,497
    1-4 family residential loans $67,754
    Farmland loans $13,612
    Loans held in foreign offices $0
    Farm loans $2,289
    Commercial and industrial loans $16,915
    To non-U.S. addressees $0
    Loans to individuals $9,355
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $5,341
    Other loans to individuals $4,014
    All other loans & leases $1,691
    Loans to foreign governments and official institutions $0
    Other loans $165
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $1,325
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $2,767
    Non 1-4 family restructured loans & leases $1,129
    Total loans and leases (foreign) $0

    FNB Bank had $160,517,000 of loans outstanding in 2020. $132,248,000 of loans were in real estate loans. $12,117,000 of loans were in development loans. $4,497,000 of loans were in multifamily mortgage loans. $67,754,000 of loans were in 1-4 family mortgage loans. $2,289,000 of loans were in farm loans. $0 of loans were in credit card loans. $5,341,000 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 173 $24,740 $143,006
    Nonfarm, nonresidential loans - <$100k 67 $3,199 $47,746
    Nonfarm, nonresidential loans - $100-250k 67 $8,648 $129,075
    Nonfarm, nonresidential loans - $250k-1MM 39 $12,893 $330,590
    Commercial & Industrial, US addressed loans - <$1MM 355 $14,612 $41,161
    Commercial & Industrial, US addressed loans - <$100k 295 $6,529 $22,132
    Commercial & Industrial, US addressed loans - $100-250k 47 $4,168 $88,681
    Commercial & Industrial, US addressed loans - $250k-1MM 13 $3,915 $301,154
    Farmland loans - <$1MM 32 $3,730 $116,563
    Farmland loans - <$100k 17 $791 $46,529
    Farmland loans - $100-250k 10 $1,235 $123,500
    Farmland loans - $250k-1MM 5 $1,704 $340,800
    Agriculture operations loans - <$1MM 36 $1,943 $53,972
    Agriculture operations loans - <$100k 30 $655 $21,833
    Agriculture operations loans - $100-250k 2 $206 $103,000
    Agriculture operations loans - $250k-1MM 4 $1,082 $270,500