The North Side Bank & Trust Company Mortgage Rates, Fees & Info

Cincinnati, OH

LEI: 5493000FE7FNF0BV8N77

Tax ID: 31-0393100

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

    The North Side Bank & Trust Company is a smaller bank specializing in Home Purchase loans. The North Side Bank & Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Cincinnati, Naples, Warsaw, and Lexington among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The North Side Bank & Trust Company has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders. 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
    Home Equity Line of Credit (HELOC) 5.57% 4/28/24
    30 Year Conventional Purchase 6.30% 4/28/24
    30 Year Conventional Refi 5.93% 4/28/24
    30 Year Cash-out Refi 5.54% 4/28/24
    15 Year Conventional Purchase 6.18% 4/28/24
    15 Year Conventional Refi 5.60% 4/28/24
    15 Year Cash-out Refi 5.60% 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.

    The North Side Bank & Trust Company Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from The North Side Bank & Trust Company. 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

    192

    Origination Dollar Volume (All Markets)

    $22,780,000

    Employee count

    104

    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
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 189 $22,045,000 $116,640 $0 4.12%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $275,000 $275,000 $0 4.00%
    Warsaw, IN (FHA|USDA|VA) 1 $265,000 $265,000 $0 4.50%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $195,000 $195,000 $0 4.50%
    The North Side Bank & Trust Company's top markets include Cincinnati, Naples, Warsaw, and Lexington among others.

    Their top states include:
  • Ohio (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against The North Side Bank & Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    MIAMI UNIVERSITY COMMUNITY
    Similarity Rank: 120
    CINCINNATI OHIO POLICE
    Similarity Rank: 172
    RIVER VALLEY CREDIT UNION, INC.
    Similarity Rank: 324
    CINFED Federal Credit Union
    Similarity Rank: 385
    Dearborn Savings Bank
    Similarity Rank: 510
    OPTION FINANCIAL, LLC
    Similarity Rank: 522
    Somerville Bank
    Similarity Rank: 612
    Forcht Bank
    Similarity Rank: 810
    The Friendship State Bank
    Similarity Rank: 820
    Civista Bank
    Similarity Rank: 840

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 192 $22,780,000 $118,646 $0 4.13%

    For 2018, The North Side Bank & Trust Company's most frequently originated type of loan was Conventional, with 192 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 71 $12,995,000 $183,028 $0 4.51%
    Home Improvement 68 $2,040,000 $30,000 $0 3.43%
    Cash Out Refi 29 $3,645,000 $125,690 $0 4.49%
    Refi 16 $3,570,000 $223,125 $0 4.13%
    Other 8 $530,000 $66,250 $0 5.34%

    For 2018, The North Side Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 71 originations. The 2nd most popular reason was Home Improvement, with 68 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 59 $13,635,000 $231,102 $0 4.59%
    5 Year 58 $1,690,000 $29,138 $0 3.29%
    15 Year 49 $4,275,000 $87,245 $0 4.32%
    10 Year 11 $1,145,000 $104,091 $0 4.43%
    Other 10 $1,120,000 $112,000 $0 4.83%
    20 Year 4 $900,000 $225,000 $0 4.53%
    3 Year 1 $15,000 $15,000 $0 3.75%

    For 2018, The North Side Bank & Trust Company's most frequently cited loan duration was 30 Year, with 59 originations. The 2nd most popular length was 5 Year, with 58 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 179 $20,795,000 $116,173
    $1k-2k 1 $755,000 $755,000

    The North Side Bank & Trust Company's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 179 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 102 $17,030,000 $166,961
    3-4% 87 $5,485,000 $63,046
    2.5-3% 1 $15,000 $15,000
    5-6% 1 $225,000 $225,000
    Over 8% 1 $25,000 $25,000

    During 2018, The North Side Bank & Trust Company's average interest rate for loans was 4.59%, while their most frequently originated rate bucket for loans was 4-5%, with 102 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 117 $4,625,000 $39,530 $0 3.90%
    $100k-200k 45 $6,165,000 $137,000 $0 4.46%
    $200k-400k 21 $5,135,000 $244,524 $0 4.59%
    $400k-600k 4 $1,820,000 $455,000 $0 4.31%
    $600k-1MM 4 $2,810,000 $702,500 $0 4.16%
    $1MM+ 1 $2,225,000 $2,225,000 $0 5.00%

    2018 saw The North Side Bank & Trust Company place emphasis on $100,000 or less loans with 117 originations, totaling $4,625,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 41 $4,925,000 $120,122 $0 4.04%
    $50k or less 37 $2,105,000 $56,892 $0 4.08%
    $50k-75k 36 $2,410,000 $66,944 $0 3.97%
    $150k-250k 27 $2,835,000 $105,000 $0 4.34%
    $250k+ 25 $8,265,000 $330,600 $0 4.38%
    $75k-100k 18 $1,310,000 $72,778 $0 3.99%

    The North Side Bank & Trust Company lent most frequently to those with incomes in the $100k-150k range, with 41 originations. The second most popular income band? $50k or less, with 37 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 66 $7,630,000 $115,606 $0 4.06%
    <20% 42 $4,500,000 $107,143 $0 4.02%
    30-36% 42 $3,770,000 $89,762 $0 4.22%
    39% 8 $1,420,000 $177,500 $0 4.11%
    36% 7 $795,000 $113,571 $0 4.39%
    38% 5 $2,445,000 $489,000 $0 4.10%
    37% 5 $335,000 $67,000 $0 3.80%
    44% 4 $330,000 $82,500 $0 4.09%
    40% 4 $400,000 $100,000 $0 4.34%
    42% 3 $345,000 $115,000 $0 4.29%
    43% 2 $420,000 $210,000 $0 4.44%
    46% 1 $45,000 $45,000 $0 5.00%
    47% 1 $65,000 $65,000 $0 4.75%

    The North Side Bank & Trust Company lent most frequently to those with DTI ratios of 20-30%, with 66 originations. The next most common DTI ratio? <20%, with 42 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 160 $20,790,000 $129,938 $0 4.16%
    Black 27 $1,015,000 $37,593 $0 3.81%
    Asian 4 $750,000 $187,500 $0 4.38%
    Not applicable 1 $225,000 $225,000 $0 5.63%

    Approval Rates

    Total approvals of all applications
    86.12%

    The North Side Bank & Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    91.67%

    The North Side Bank & Trust Company has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 192 $22,780,000 $118,646

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 192 $22,780,000 $118,646

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 29 $1,805,000 $62,241 $0 3.69%
    40-60% 19 $1,975,000 $103,947 $0 4.14%
    60-80% 46 $11,590,000 $251,957 $0 4.46%
    80-100% 33 $5,315,000 $161,061 $0 4.52%
    Over 100% 1 $45,000 $45,000 $0 4.38%
    Under 20% 64 $2,050,000 $32,031 $0 3.87%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The North Side Bank and Trust Company 1111 St. Gregory Street Cincinnati, OH 45202 Full Service B&M $24,880
    The North Side Bank and Trust Company 11628 Springfield Pike Springdale, OH 45246 Full Service B&M $9,186
    The North Side Bank and Trust Company 2739 Madison Road Cincinnati, OH 45209 Full Service B&M $5,273
    The North Side Bank and Trust Company 4125 Hamilton Avenue Cincinnati, OH 45223 Full Service B&M $190,069
    The North Side Bank and Trust Company 633 Anderson Ferry Road Cincinnati, OH 45238 Full Service B&M $19,684
    The North Side Bank and Trust Company 8615 Shepherd Farm Drive West Chester, OH 45069 Full Service B&M $44,267
    The North Side Bank and Trust Company 906 North Bend Road Cincinnati, OH 45244 Full Service B&M $45,088
    The North Side Bank and Trust Company 9315 Colerain Avenue Cincinnati, OH 45251 Full Service B&M $73,265
    The North Side Bank and Trust Company 9407 Kenwood Rd. Cincinnati, OH 45242 Full Service B&M $53,960

    For 2018, The North Side Bank & Trust Company had 9 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $24,047
    Net interest income $20,969
    Total noninterest income $3,051
    Gross Fiduciary activities income $1,122
    Service charges on deposit accounts $675
    Trading account gains and fees $0
    Additional Noninterest Income $1,254
    Pre-tax net operating income $11,100
    Securities gains (or losses, -) $344
    Income before extraordinary items $9,136
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $9,136
    Minority interest net income $0
    Net income $9,136
    Sale, conversion, retirement of capital stock, net $-293
    Net operating income $8,860

    The North Side Bank & Trust Company's gross interest income from loans was $24,047,000.
    The North Side Bank & Trust Company's net interest income from loans was $20,969,000.
    The North Side Bank & Trust Company's fee based income from loans was $675,000.
    The North Side Bank & Trust Company's net income from loans was $9,136,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,078
    Provision for credit losses $0
    Total noninterest expense $12,920
    Salaries and employee benefits $7,705
    Premises and equipment expense $1,825
    Additional noninterest expense $3,390
    Applicable income taxes $2,308
    Net charge-offs $15
    Cash dividends $3,444

    The North Side Bank & Trust Company's interest expense for loans was $3,078,000.
    The North Side Bank & Trust Company's payroll and benefits expense were $7,705,000.
    The North Side Bank & Trust Company's property, plant and equipment expenses $1,825,000.

    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 0.4%
    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 $512,591
    Deposits held in domestic offices $512,591
    Deposits by Individuals, partnerships, and corporations $512,225
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $366
    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 $222,586
    Demand deposits $166,031
    Nontransaction accounts $290,005
    Money market deposit accounts (MMDAs) $120,174
    Other savings deposits (excluding MMDAs) $47,271
    Total time deposits $122,559
    Total time and savings deposits $346,560
    Noninterest-bearing deposits $146,314
    Interest-bearing deposits $366,277
    Retail deposits $480,334
    IRAs and Keogh plan accounts $19,186
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $678,137
    Cash & Balances due from depository institutions $46,148
    Interest-bearing balances $31,828
    Total securities $119,584
    Federal funds sold & reverse repurchase $0
    Net loans and leases $497,398
    Loan and leases loss allowance $5,564
    Trading account assets $0
    Bank premises and fixed assets $4,151
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $10,856

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $678,137
    Total Liabilities $595,151
    Total deposits $512,591
    Interest-bearing deposits $366,277
    Deposits held in domestic offices $512,591
    % insured (estimated) $71
    Federal funds purchased and repurchase agreements $79,663
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $2,897

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $497,398
    Loan and leases loss allowance $5,564
    Total loans and leases (domestic) $502,962
    All real estate loans $334,607
    Real estate loans in domestic offices $334,607
    Construction and development loans $5,323
    Residential 1-4 family construction $792
    Other construction, all land development and other land $4,531
    Loans secured by nonfarm nonresidential properties $199,210
    Nonfarm nonresidential secured by owner-occupied properties $133,584
    Commercial real estate & other non-farm, non-residential $65,626
    Multifamily residential real estate $1,651
    1-4 family residential loans $124,323
    Farmland loans $4,100
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $161,662
    To non-U.S. addressees $0
    Loans to individuals $6,414
    Credit card loans $3,053
    Related Plans $19
    Consumer Auto Loans $1,489
    Other loans to individuals $1,853
    All other loans & leases $324
    Loans to foreign governments and official institutions $0
    Other loans $324
    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

    The North Side Bank & Trust Company had $497,398,000 of loans outstanding in 2018. $334,607,000 of loans were in real estate loans. $5,323,000 of loans were in development loans. $1,651,000 of loans were in multifamily mortgage loans. $124,323,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $3,053,000 of loans were in credit card loans. $1,489,000 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 240 $56,784 $236,600
    Nonfarm, nonresidential loans - <$100k 37 $1,429 $38,622
    Nonfarm, nonresidential loans - $100-250k 76 $8,522 $112,132
    Nonfarm, nonresidential loans - $250k-1MM 127 $46,833 $368,764
    Commercial & Industrial, US addressed loans - <$1MM 403 $50,895 $126,290
    Commercial & Industrial, US addressed loans - <$100k 178 $5,606 $31,494
    Commercial & Industrial, US addressed loans - $100-250k 87 $7,855 $90,287
    Commercial & Industrial, US addressed loans - $250k-1MM 138 $37,434 $271,261