The First National Bank In Staunton Mortgage Rates, Fees & Info

Staunton, IL

LEI: 549300LAE6XLBPPTPI03

Tax ID: 37-0274835

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

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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 First National Bank In Staunton is a smaller bank specializing in Home Purchase and Refi loans. The First National Bank In Staunton has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Chicago, Daphne, Springfield, and Peoria among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The First National Bank In Staunton 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 First National Bank In Staunton 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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    Originations

    299

    Origination Dollar Volume (All Markets)

    $37,035,000

    Employee count

    126

    Awards

    The First National Bank in Staunton 30 Year Conventional Loans bronze The First National Bank in Staunton 30 Year Conventional Loans bronze
    Show all (2) 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
    ST. LOUIS, MO-IL (FHA|USDA|VA) 277 $33,415,000 $120,632 $1,928 4.84%
    Outside of Metro Areas 12 $1,710,000 $142,500 $1,838 4.96%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $470,000 $235,000 $5,531 4.65%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $335,000 $335,000 $2,749 5.75%
    SPRINGFIELD, IL (FHA|USDA|VA) 1 $245,000 $245,000 $2,299 4.00%
    PEORIA, IL (FHA|USDA|VA) 1 $185,000 $185,000 $3,494 4.13%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $165,000 $165,000 $1,398 4.63%
    Malvern, AR (FHA|USDA|VA) 1 $155,000 $155,000 $1,648 4.00%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $125,000 $125,000 $2,080 4.50%
    SAVANNAH, GA (FHA|USDA|VA) 1 $115,000 $115,000 $2,797 4.38%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $115,000 $115,000 $2,315 4.88%
    The First National Bank In Staunton's top markets include St. Louis, Chicago, Daphne, Springfield, and Peoria among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)

    • Similar Lenders

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

    Ozarks Federal Savings and Loan Association
    Similarity Rank: 100
    Community Bank of Trenton
    Similarity Rank: 108
    First National Bank of Waterloo
    Similarity Rank: 200
    RELIANCE BANK
    Similarity Rank: 238
    CapGrow Home Mortgage, LLC
    Similarity Rank: 272
    JERSEY STATE BANK
    Similarity Rank: 354
    Farmers and Merchants Bank of St. Clair
    Similarity Rank: 408
    United Bank of Union
    Similarity Rank: 415
    HNB National Bank
    Similarity Rank: 576
    Bank of Hillsboro
    Similarity Rank: 679

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 299 $37,035,000 $123,863 $1,953 4.84%

    For 2018, The First National Bank In Staunton's most frequently originated type of loan was Conventional, with 299 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 192 $27,160,000 $141,458 $2,283 4.83%
    Refi 74 $7,410,000 $100,135 $1,163 4.86%
    Other 13 $835,000 $64,231 $1,469 5.00%
    Home Improvement 10 $550,000 $55,000 $1,371 5.23%
    Cash Out Refi 10 $1,080,000 $108,000 $2,831 4.23%

    For 2018, The First National Bank In Staunton's most frequently cited loan purpose was Home Purchase, with 192 originations. The 2nd most popular reason was Refi, with 74 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 104 $15,590,000 $149,904 $2,559 4.56%
    Other 61 $7,605,000 $124,672 $1,341 5.46%
    15 Year 60 $5,740,000 $95,667 $1,528 4.39%
    5 Year 45 $4,675,000 $103,889 $1,349 5.27%
    10 Year 12 $1,120,000 $93,333 $1,280 4.37%
    1 Year 6 $1,000,000 $166,667 $1,536 5.88%
    20 Year 6 $1,050,000 $175,000 $2,921 4.33%
    3 Year 5 $255,000 $51,000 $0 5.03%

    For 2018, The First National Bank In Staunton's most frequently cited loan duration was 30 Year, with 104 originations. The 2nd most popular length was Other, with 61 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 175 $19,605,000 $112,029
    $1k-2k 44 $7,250,000 $164,773
    $2k-3k 13 $2,175,000 $167,308
    $3k-4k 5 $875,000 $175,000
    $4k-5k 2 $310,000 $155,000
    $5k+ 1 $365,000 $365,000

    The First National Bank In Staunton's average total fees were $2,559, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 175 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 209 $28,195,000 $134,904
    5-6% 44 $4,700,000 $106,818
    3-4% 25 $3,055,000 $122,200
    Over 8% 10 $270,000 $27,000
    7-8% 6 $510,000 $85,000
    6-7% 5 $305,000 $61,000

    During 2018, The First National Bank In Staunton's average interest rate for loans was 4.56%, while their most frequently originated rate bucket for loans was 4-5%, with 209 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 151 $7,925,000 $52,483 $1,529 5.05%
    $100k-200k 100 $14,240,000 $142,400 $2,194 4.63%
    $200k-400k 41 $11,125,000 $271,341 $2,793 4.63%
    $400k-600k 6 $2,740,000 $456,667 $1,809 4.44%
    $1MM+ 1 $1,005,000 $1,005,000 $0 5.25%

    2018 saw The First National Bank In Staunton place emphasis on $100,000 or less loans with 151 originations, totaling $7,925,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 71 $7,485,000 $105,423 $2,263 5.02%
    $50k or less 69 $4,115,000 $59,638 $1,570 5.01%
    $75k-100k 47 $6,025,000 $128,191 $2,053 4.55%
    $100k-150k 36 $6,160,000 $171,111 $2,107 4.60%
    $150k-250k 34 $4,700,000 $138,235 $1,902 4.74%
    $250k+ 8 $2,500,000 $312,500 $2,736 4.59%

    The First National Bank In Staunton lent most frequently to those with incomes in the $50k-75k range, with 71 originations. The second most popular income band? $50k or less, with 69 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 66 $8,450,000 $128,030 $2,230 4.85%
    30-36% 39 $4,185,000 $107,308 $1,738 4.69%
    <20% 26 $2,100,000 $80,769 $1,753 4.87%
    38% 15 $2,025,000 $135,000 $2,024 4.61%
    40% 13 $1,835,000 $141,154 $2,057 5.12%
    37% 11 $1,615,000 $146,818 $1,948 4.74%
    36% 10 $1,360,000 $136,000 $1,542 4.39%
    50-60% 8 $1,420,000 $177,500 $1,374 5.30%
    42% 7 $955,000 $136,429 $1,989 4.57%
    43% 7 $885,000 $126,429 $1,869 4.63%
    41% 6 $700,000 $116,667 $1,701 4.37%
    47% 6 $870,000 $145,000 $2,298 5.40%
    44% 5 $1,015,000 $203,000 $2,148 4.45%
    39% 5 $595,000 $119,000 $1,716 5.18%
    45% 5 $735,000 $147,000 $3,110 4.58%
    46% 4 $360,000 $90,000 $2,311 4.84%
    48% 3 $505,000 $168,333 $2,250 4.54%
    >60% 3 $95,000 $31,667 $1,269 4.98%
    49% 1 $95,000 $95,000 $1,546 4.75%

    The First National Bank In Staunton lent most frequently to those with DTI ratios of 20-30%, with 66 originations. The next most common DTI ratio? 30-36%, with 39 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 274 $32,440,000 $118,394 $1,954 4.83%
    Not applicable 21 $4,005,000 $190,714 $0 4.97%
    Not provided 3 $495,000 $165,000 $2,071 4.73%
    Black 1 $95,000 $95,000 $1,659 4.63%

    Approval Rates

    Total approvals of all applications
    86.94%

    The First National Bank In Staunton has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.27%

    The First National Bank In Staunton has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 1 $15,000 $15,000
    NA 298 $37,020,000 $124,228

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 9 $2,785,000 $309,444
    Single Family (1-4 Units):Manufactured 12 $430,000 $35,833
    Single Family (1-4 Units):Site-Built 278 $33,820,000 $121,655

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 18 $1,370,000 $76,111 $1,139 4.73%
    40-60% 46 $5,010,000 $108,913 $1,339 4.75%
    60-80% 118 $16,130,000 $136,695 $1,984 4.89%
    80-100% 108 $14,290,000 $132,315 $2,356 4.71%
    Under 20% 9 $235,000 $26,111 $806 6.34%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The First National Bank in Staunton 105 East State Street Hamel, IL 62046 Full Service B&M $47,647
    The First National Bank in Staunton 115 South Elm Street Staunton, IL 62088 Full Service B&M $127,003
    The First National Bank in Staunton 218 East Central Ave Benld, IL 62009 Full Service B&M $32,530
    The First National Bank in Staunton 2623 N Center Street Maryville, IL 62062 Full Service B&M $38,438
    The First National Bank in Staunton 304 Bargraves Blvd Troy, IL 62294 Full Service B&M $14,847
    The First National Bank in Staunton 482 Park Street Livingston, IL 62058 Full Service B&M $16,913
    The First National Bank in Staunton 704 Texas Street Bethalto, IL 62010 Full Service B&M $84,704
    The First National Bank in Staunton 7301 St. James Road Edwardsville, IL 62025 Full Service B&M $20,260
    The First National Bank in Staunton 801 West Main Street Mount Olive, IL 62069 Full Service B&M $38,212

    For 2018, The First National Bank In Staunton had 9 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $18,703
    Net interest income $15,871
    Total noninterest income $3,941
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $1,272
    Trading account gains and fees $0
    Additional Noninterest Income $2,669
    Pre-tax net operating income $6,768
    Securities gains (or losses, -) $21
    Income before extraordinary items $6,739
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $6,739
    Minority interest net income $0
    Net income $6,739
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $6,718

    The First National Bank In Staunton's gross interest income from loans was $18,703,000.
    The First National Bank In Staunton's net interest income from loans was $15,871,000.
    The First National Bank In Staunton's fee based income from loans was $1,272,000.
    The First National Bank In Staunton's net income from loans was $6,739,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,832
    Provision for credit losses $0
    Total noninterest expense $13,044
    Salaries and employee benefits $7,546
    Premises and equipment expense $1,135
    Additional noninterest expense $4,363
    Applicable income taxes $50
    Net charge-offs $1,335
    Cash dividends $5,310

    The First National Bank In Staunton's interest expense for loans was $2,832,000.
    The First National Bank In Staunton's payroll and benefits expense were $7,546,000.
    The First National Bank In Staunton's property, plant and equipment expenses $1,135,000.

    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 $431,733
    Deposits held in domestic offices $431,733
    Deposits by Individuals, partnerships, and corporations $385,551
    Deposits by U.S. Government $14
    Deposits by States and political subdivisions in the U.S. $46,169
    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 $36,910
    Demand deposits $21,348
    Nontransaction accounts $394,824
    Money market deposit accounts (MMDAs) $49,262
    Other savings deposits (excluding MMDAs) $225,722
    Total time deposits $119,841
    Total time and savings deposits $410,386
    Noninterest-bearing deposits $88,314
    Interest-bearing deposits $343,419
    Retail deposits $426,260
    IRAs and Keogh plan accounts $25,512
    Brokered deposits $249
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $540,720
    Cash & Balances due from depository institutions $41,734
    Interest-bearing balances $29,010
    Total securities $131,810
    Federal funds sold & reverse repurchase $0
    Net loans and leases $346,642
    Loan and leases loss allowance $5,877
    Trading account assets $0
    Bank premises and fixed assets $7,983
    Other real estate owned $209
    Goodwill and other intangibles $2,589
    All other assets $9,753

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $540,720
    Total Liabilities $478,103
    Total deposits $431,733
    Interest-bearing deposits $343,419
    Deposits held in domestic offices $431,733
    % insured (estimated) $90
    Federal funds purchased and repurchase agreements $32,946
    Trading liabilities $0
    Other borrowed funds $9,051
    Subordinated debt $0
    All other liabilities $4,373

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $346,642
    Loan and leases loss allowance $5,877
    Total loans and leases (domestic) $352,519
    All real estate loans $289,680
    Real estate loans in domestic offices $289,680
    Construction and development loans $28,363
    Residential 1-4 family construction $11,060
    Other construction, all land development and other land $17,303
    Loans secured by nonfarm nonresidential properties $89,973
    Nonfarm nonresidential secured by owner-occupied properties $61,037
    Commercial real estate & other non-farm, non-residential $28,936
    Multifamily residential real estate $10,014
    1-4 family residential loans $145,814
    Farmland loans $15,516
    Loans held in foreign offices $0
    Farm loans $2,380
    Commercial and industrial loans $33,045
    To non-U.S. addressees $0
    Loans to individuals $19,745
    Credit card loans $0
    Related Plans $12
    Consumer Auto Loans $11,293
    Other loans to individuals $8,440
    All other loans & leases $7,668
    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 $370
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    The First National Bank in Staunton had $346,642,000 of loans outstanding in 2018. $289,680,000 of loans were in real estate loans. $28,363,000 of loans were in development loans. $10,014,000 of loans were in multifamily mortgage loans. $145,814,000 of loans were in 1-4 family mortgage loans. $2,380,000 of loans were in farm loans. $0 of loans were in credit card loans. $11,293,000 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 250 $47,211 $188,844
    Nonfarm, nonresidential loans - <$100k 75 $3,203 $42,707
    Nonfarm, nonresidential loans - $100-250k 87 $11,003 $126,471
    Nonfarm, nonresidential loans - $250k-1MM 88 $33,005 $375,057
    Commercial & Industrial, US addressed loans - <$1MM 323 $16,966 $52,526
    Commercial & Industrial, US addressed loans - <$100k 257 $5,828 $22,677
    Commercial & Industrial, US addressed loans - $100-250k 34 $2,765 $81,324
    Commercial & Industrial, US addressed loans - $250k-1MM 32 $8,373 $261,656
    Farmland loans - <$1MM 75 $8,384 $111,787
    Farmland loans - <$100k 26 $861 $33,115
    Farmland loans - $100-250k 30 $3,012 $100,400
    Farmland loans - $250k-1MM 19 $4,511 $237,421
    Agriculture operations loans - <$1MM 50 $1,478 $29,560
    Agriculture operations loans - <$100k 45 $962 $21,378
    Agriculture operations loans - $100-250k 2 $258 $129,000
    Agriculture operations loans - $250k-1MM 3 $258 $86,000