The Vinton County National Bank Mortgage Rates, Fees & Info

McArthur, OH

LEI: 54930087JNDLPJWOLV11

Tax ID: 31-4332540

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 Vinton County National Bank is a smaller bank specializing in Home Purchase and Refi loans. The Vinton County National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Columbus, Chillicothe, Jackson, Athens, and Palm Bay among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Vinton County National Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. The Vinton County 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 6.66% 4/21/24
    30 Year Conventional Refi 6.85% 4/21/24
    30 Year FHA Purchase 6.27% 4/21/24
    30 Year USDA Purchase 6.27% 4/21/24
    15 Year Conventional Purchase 6.15% 4/21/24
    15 Year Conventional Refi 6.74% 4/21/24
    15 Year Cash-out Refi 6.74% 4/21/24
    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 Vinton County National Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from The Vinton County 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

    498

    Origination Dollar Volume (All Markets)

    $84,650,000

    Employee count

    232

    Awards

    THE VINTON COUNTY NATIONAL BANK 30 Year Conventional Loans gold THE VINTON COUNTY NATIONAL BANK 30 Year Conventional Loans gold THE VINTON COUNTY NATIONAL BANK 30 Year Conventional Loans silver
    Show all (3) 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) 231 $44,275,000 $191,667 $2,994 4.79%
    Chillicothe, OH (FHA|USDA|VA) 118 $17,160,000 $145,424 $2,566 4.93%
    Outside of Metro Areas 67 $9,325,000 $139,179 $2,923 4.84%
    Jackson, OH (FHA|USDA|VA) 55 $8,315,000 $151,182 $2,857 4.64%
    Athens, OH (FHA|USDA|VA) 11 $1,505,000 $136,818 $2,975 5.73%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $1,275,000 $1,275,000 $0 5.50%
    Mount Vernon, OH (FHA|USDA|VA) 1 $735,000 $735,000 $0 5.25%
    Washington Court House, OH (FHA|USDA|VA) 4 $550,000 $137,500 $2,061 6.09%
    Point Pleasant, WV-OH (FHA|USDA|VA) 4 $500,000 $125,000 $2,500 5.19%
    Portsmouth, OH (FHA|USDA|VA) 2 $410,000 $205,000 $3,737 4.06%
    AKRON, OH (FHA|USDA|VA) 1 $185,000 $185,000 $2,497 4.25%
    Zanesville, OH (FHA|USDA|VA) 1 $165,000 $165,000 $2,084 4.50%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $125,000 $125,000 $0 5.45%
    Urbana, OH (FHA|USDA|VA) 1 $125,000 $125,000 $3,782 4.88%
    The Vinton County National Bank's top markets include Columbus, Chillicothe, Jackson, Athens, and Palm Bay 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 THE VINTON COUNTY 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: 49
    The Ohio Valley Bank Company
    Similarity Rank: 56
    LCNB National Bank
    Similarity Rank: 72
    Columbus Metro Federal Credit Union
    Similarity Rank: 392
    1st National Bank
    Similarity Rank: 450
    HOPEWELL Federal Credit Union
    Similarity Rank: 510
    First Federal Savings and Loan Association
    Similarity Rank: 575
    EDUCATION FIRST CREDIT UNION, INC.
    Similarity Rank: 630
    VICTORY MORTGAGE, L.L.C.
    Similarity Rank: 715
    TrueCore Federal Credit Union
    Similarity Rank: 980

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 498 $84,650,000 $169,980 $2,866 4.84%

    For 2019, The Vinton County National Bank's most frequently originated type of loan was Conventional, with 498 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 324 $55,500,000 $171,296 $3,034 4.87%
    Refi 154 $25,930,000 $168,377 $2,562 4.79%
    Home Improvement 14 $2,480,000 $177,143 $2,969 4.93%
    Other 6 $740,000 $123,333 $2,279 4.69%

    For 2019, The Vinton County National Bank's most frequently cited loan purpose was Home Purchase, with 324 originations. The 2nd most popular reason was Refi, with 154 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 169 $25,295,000 $149,675 $2,437 4.40%
    20 Year 113 $18,715,000 $165,619 $2,328 5.41%
    30+ year 100 $27,260,000 $272,600 $3,967 4.24%
    Other 46 $7,650,000 $166,304 $3,273 5.24%
    15 Year 41 $3,405,000 $83,049 $2,297 5.20%
    10 Year 23 $1,675,000 $72,826 $2,461 6.33%
    1 Year 5 $615,000 $123,000 $0 5.85%
    5 Year 1 $35,000 $35,000 $1,938 5.00%

    For 2019, The Vinton County National Bank's most frequently cited loan duration was 30 Year, with 169 originations. The 2nd most popular length was 20 Year, with 113 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 267 $34,485,000 $129,157
    $1k-2k 94 $20,920,000 $222,553
    $2k-3k 16 $6,090,000 $380,625
    $3k-4k 3 $1,425,000 $475,000
    $4k-5k 3 $1,785,000 $595,000

    The Vinton County National Bank's average total fees were $2,437, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 267 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 178 $29,570,000 $166,124
    3-4% 136 $28,230,000 $207,574
    5-6% 124 $22,240,000 $179,355
    6-7% 39 $3,275,000 $83,974
    7-8% 15 $745,000 $49,667
    Over 8% 4 $180,000 $45,000
    2.5-3% 2 $410,000 $205,000

    During 2019, The Vinton County National Bank's average interest rate for loans was 4.40%, while their most frequently originated rate bucket for loans was 4-5%, with 178 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 185 $11,515,000 $62,243 $2,229 5.34%
    $100k-200k 160 $22,480,000 $140,500 $2,586 4.68%
    $200k-400k 122 $32,530,000 $266,639 $3,482 4.35%
    $400k-600k 23 $10,535,000 $458,043 $5,154 4.53%
    $600k-1MM 6 $4,800,000 $800,000 $8,523 4.79%
    $1MM+ 2 $2,790,000 $1,395,000 $0 5.55%

    2019 saw The Vinton County National Bank place emphasis on $100,000 or less loans with 185 originations, totaling $11,515,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 109 $13,325,000 $122,248 $2,575 4.66%
    $50k or less 98 $7,730,000 $78,878 $2,320 5.13%
    $100k-150k 97 $20,295,000 $209,227 $3,192 4.44%
    $75k-100k 76 $10,910,000 $143,553 $2,726 4.88%
    $150k-250k 44 $12,470,000 $283,409 $3,764 4.47%
    $250k+ 17 $5,365,000 $315,588 $4,121 4.65%

    The Vinton County National Bank lent most frequently to those with incomes in the $50k-75k range, with 109 originations. The second most popular income band? $50k or less, with 98 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 127 $18,645,000 $146,811 $2,774 4.54%
    30-36% 88 $15,310,000 $173,977 $2,894 4.67%
    <20% 42 $6,000,000 $142,857 $2,728 4.61%
    38% 22 $3,810,000 $173,182 $3,154 4.58%
    41% 17 $3,285,000 $193,235 $2,899 4.40%
    37% 16 $2,530,000 $158,125 $2,779 4.61%
    39% 16 $3,200,000 $200,000 $3,091 4.84%
    36% 16 $3,550,000 $221,875 $3,113 4.90%
    42% 14 $2,290,000 $163,571 $3,079 4.48%
    40% 14 $1,870,000 $133,571 $2,531 4.41%
    50-60% 5 $895,000 $179,000 $2,561 5.08%
    43% 5 $825,000 $165,000 $2,795 5.10%
    45% 3 $725,000 $241,667 $3,156 3.63%
    46% 2 $320,000 $160,000 $2,526 4.06%
    49% 2 $750,000 $375,000 $5,735 4.00%
    >60% 1 $65,000 $65,000 $2,077 5.38%
    44% 1 $175,000 $175,000 $2,649 4.38%
    47% 1 $485,000 $485,000 $3,803 3.50%
    48% 1 $435,000 $435,000 $2,169 3.75%

    The Vinton County National Bank lent most frequently to those with DTI ratios of 20-30%, with 127 originations. The next most common DTI ratio? 30-36%, with 88 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 407 $63,975,000 $157,187 $2,849 4.77%
    Not applicable 55 $14,265,000 $259,364 $0 5.68%
    Not provided 30 $5,420,000 $180,667 $3,017 4.43%
    Black 5 $935,000 $187,000 $3,131 4.15%
    American Indian 1 $55,000 $55,000 $0 5.50%

    Approval Rates

    Total approvals of all applications
    86.48%

    The Vinton County National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.13%

    The Vinton County National Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    250.0 5 $205,000 $41,000
    265.0 2 $80,000 $40,000
    322.5 1 $15,000 $15,000
    NA 490 $84,350,000 $172,143

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 15 $6,065,000 $404,333
    Single Family (1-4 Units):Manufactured 68 $4,810,000 $70,735
    Single Family (1-4 Units):Site-Built 415 $73,775,000 $177,771

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 23 $2,755,000 $119,783 $2,377 4.98%
    40-60% 63 $10,635,000 $168,810 $2,472 5.02%
    60-80% 189 $32,845,000 $173,783 $3,011 4.87%
    80-100% 220 $38,100,000 $173,182 $2,916 4.73%
    Under 20% 3 $315,000 $105,000 $1,431 6.25%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    THE VINTON COUNTY NATIONAL BANK 1 Main St Commercial Point, OH 43116 Full Service B&M $17,349
    THE VINTON COUNTY NATIONAL BANK 112 West Main Street Mc Arthur, OH 45651 Full Service B&M $151,659
    THE VINTON COUNTY NATIONAL BANK 119 Main Street Bremen, OH 43107 Full Service B&M $51,039
    THE VINTON COUNTY NATIONAL BANK 120 South Court Street Circleville, OH 43113 Full Service B&M $27,210
    THE VINTON COUNTY NATIONAL BANK 18627 Main Street Laurelville, OH 43135 Full Service B&M $44,475
    THE VINTON COUNTY NATIONAL BANK 1971 West Fair Avenue Lancaster, OH 43130 Full Service B&M $73,882
    THE VINTON COUNTY NATIONAL BANK 206 Church Street Richmond Dale, OH 45673 Full Service B&M $20,435
    THE VINTON COUNTY NATIONAL BANK 222 E Main St Chillicothe, OH 45601 Full Service B&M $78,520
    THE VINTON COUNTY NATIONAL BANK 2250 Stringtown Road Grove City, OH 43123 Full Service B&M $19,491
    THE VINTON COUNTY NATIONAL BANK 26 East Main Street Ashville, OH 43103 Full Service B&M $47,166
    THE VINTON COUNTY NATIONAL BANK 399 West Front Street Logan, OH 43138 Full Service B&M $46,598
    THE VINTON COUNTY NATIONAL BANK 521 East Main Street Lancaster, OH 43130 Full Service B&M $116,893
    THE VINTON COUNTY NATIONAL BANK 63109 Ohio 689 Wilkesville, OH 45695 Full Service B&M $14,311
    THE VINTON COUNTY NATIONAL BANK 6360 Prentiss School Drive Canal Winchester, OH 43110 Full Service B&M $77,221
    THE VINTON COUNTY NATIONAL BANK 700 Corylus Drive Pataskala, OH 43062 Full Service B&M $20,624
    THE VINTON COUNTY NATIONAL BANK 775 Western Avenue Chillicothe, OH 45601 Full Service B&M $36,227
    THE VINTON COUNTY NATIONAL BANK 920 Veterans Drive, Suite E Jackson, OH 45640 Full Service B&M $11,658

    For 2019, The Vinton County National Bank had 17 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $43,885
    Net interest income $35,792
    Total noninterest income $6,058
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $2,021
    Trading account gains and fees $0
    Additional Noninterest Income $4,037
    Pre-tax net operating income $10,710
    Securities gains (or losses, -) $49
    Income before extraordinary items $8,948
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $8,948
    Minority interest net income $0
    Net income $8,948
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $8,907

    The Vinton County National Bank's gross interest income from loans was $43,885,000.
    The Vinton County National Bank's net interest income from loans was $35,792,000.
    The Vinton County National Bank's fee based income from loans was $2,021,000.
    The Vinton County National Bank's net income from loans was $8,948,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $8,093
    Provision for credit losses $1,200
    Total noninterest expense $29,940
    Salaries and employee benefits $16,263
    Premises and equipment expense $3,471
    Additional noninterest expense $10,206
    Applicable income taxes $1,811
    Net charge-offs $1,057
    Cash dividends $2,600

    The Vinton County National Bank's interest expense for loans was $8,093,000.
    The Vinton County National Bank's payroll and benefits expense were $16,263,000.
    The Vinton County National Bank's property, plant and equipment expenses $3,471,000.

    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 0.7%
    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 $880,345
    Deposits held in domestic offices $880,345
    Deposits by Individuals, partnerships, and corporations $779,659
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $100,681
    Deposits by Commercial banks and other depository institutions in U.S. $5
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $318,223
    Demand deposits $155,381
    Nontransaction accounts $562,122
    Money market deposit accounts (MMDAs) $132,667
    Other savings deposits (excluding MMDAs) $95,550
    Total time deposits $333,905
    Total time and savings deposits $724,964
    Noninterest-bearing deposits $155,381
    Interest-bearing deposits $724,964
    Retail deposits $826,669
    IRAs and Keogh plan accounts $59,798
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,007,593
    Cash & Balances due from depository institutions $63,341
    Interest-bearing balances $54,015
    Total securities $138,809
    Federal funds sold & reverse repurchase $1,116
    Net loans and leases $762,706
    Loan and leases loss allowance $6,046
    Trading account assets $0
    Bank premises and fixed assets $17,182
    Other real estate owned $0
    Goodwill and other intangibles $7,781
    All other assets $16,658

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,007,593
    Total Liabilities $889,361
    Total deposits $880,345
    Interest-bearing deposits $724,964
    Deposits held in domestic offices $880,345
    % insured (estimated) $84
    Federal funds purchased and repurchase agreements $1,874
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $7,142

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $762,706
    Loan and leases loss allowance $6,046
    Total loans and leases (domestic) $768,752
    All real estate loans $523,775
    Real estate loans in domestic offices $523,775
    Construction and development loans $62,827
    Residential 1-4 family construction $10,454
    Other construction, all land development and other land $52,373
    Loans secured by nonfarm nonresidential properties $95,694
    Nonfarm nonresidential secured by owner-occupied properties $63,317
    Commercial real estate & other non-farm, non-residential $32,377
    Multifamily residential real estate $4,585
    1-4 family residential loans $352,226
    Farmland loans $8,443
    Loans held in foreign offices $0
    Farm loans $4,410
    Commercial and industrial loans $38,539
    To non-U.S. addressees $0
    Loans to individuals $188,051
    Credit card loans $5,599
    Related Plans $763
    Consumer Auto Loans $128,428
    Other loans to individuals $53,261
    All other loans & leases $13,977
    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 $1,455
    Non 1-4 family restructured loans & leases $279
    Total loans and leases (foreign) $0

    THE VINTON COUNTY NATIONAL BANK had $762,706,000 of loans outstanding in 2019. $523,775,000 of loans were in real estate loans. $62,827,000 of loans were in development loans. $4,585,000 of loans were in multifamily mortgage loans. $352,226,000 of loans were in 1-4 family mortgage loans. $4,410,000 of loans were in farm loans. $5,599,000 of loans were in credit card loans. $128,428,000 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 412 $63,317 $153,682
    Nonfarm, nonresidential loans - <$100k 136 $4,791 $35,228
    Nonfarm, nonresidential loans - $100-250k 158 $18,617 $117,829
    Nonfarm, nonresidential loans - $250k-1MM 118 $39,909 $338,212
    Commercial & Industrial, US addressed loans - <$1MM 738 $25,308 $34,293
    Commercial & Industrial, US addressed loans - <$100k 643 $12,346 $19,201
    Commercial & Industrial, US addressed loans - $100-250k 65 $5,601 $86,169
    Commercial & Industrial, US addressed loans - $250k-1MM 30 $7,361 $245,367
    Farmland loans - <$1MM 41 $5,291 $129,049
    Farmland loans - <$100k 11 $364 $33,091
    Farmland loans - $100-250k 18 $2,216 $123,111
    Farmland loans - $250k-1MM 12 $2,711 $225,917
    Agriculture operations loans - <$1MM 166 $4,410 $26,566
    Agriculture operations loans - <$100k 151 $2,104 $13,934
    Agriculture operations loans - $100-250k 10 $1,172 $117,200
    Agriculture operations loans - $250k-1MM 5 $1,134 $226,800