Lcnb National Bank Mortgage Rates, Fees & Info
Lebanon, OHLEI: 549300Q55VW95EP3CM33
Tax ID: 31-0352330
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Mortgage Data
Bank Data
Review & Overview
Lcnb National Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Lcnb National Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Columbus, Cincinnati, Chillicothe, Dayton, and Springfield among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)Lcnb 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. Lcnb 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
---|---|---|
30 Year Conventional Purchase | 6.52% | 11/17/24 |
30 Year Conventional Refi | 6.56% | 11/17/24 |
30 Year Cash-out Refi | 6.62% | 11/17/24 |
15 Year Conventional Purchase | 6.10% | 11/17/24 |
15 Year Conventional Refi | 5.93% | 11/17/24 |
15 Year Cash-out Refi | 5.93% | 11/17/24 |
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. |
Lcnb National Bank Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
406Origination Dollar Volume (All Markets)
$110,940,000Employee count
325 Show all (3) awardsLCNB National Bank - 2018
LCNB National Bank is a 2018 , due to their low .
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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) | 88 | $67,880,000 | $771,364 | $3,807 | 4.90% |
CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 158 | $22,230,000 | $140,696 | $2,199 | 4.82% |
Chillicothe, OH (FHA|USDA|VA) | 53 | $6,445,000 | $121,604 | $2,312 | 4.65% |
DAYTON-KETTERING, OH (FHA|USDA|VA) | 37 | $4,405,000 | $119,054 | $2,326 | 4.64% |
Outside of Metro Areas | 43 | $3,725,000 | $86,628 | $2,459 | 4.78% |
SPRINGFIELD, OH (FHA|USDA|VA) | 1 | $1,205,000 | $1,205,000 | $0 | 5.63% |
Wilmington, OH (FHA|USDA|VA) | 10 | $1,130,000 | $113,000 | $1,920 | 4.49% |
Washington Court House, OH (FHA|USDA|VA) | 7 | $995,000 | $142,143 | $2,405 | 4.38% |
Marietta, OH (FHA|USDA|VA) | 1 | $735,000 | $735,000 | $4,149 | 3.88% |
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $4,365 | 4.25% |
STATE COLLEGE, PA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,516 | 3.88% |
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,351 | 3.99% |
Crossville, TN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,930 | 4.75% |
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,255 | 4.75% |
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,828 | 4.63% |
HATTIESBURG, MS (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,917 | 5.00% |
Greenville, OH (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,173 | 4.63% |
Similar Lenders
We use machine learning to identify the top lenders compared against LCNB National Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Conventional | 404 | $110,660,000 | $273,911 | $2,565 | 4.77% |
FHA | 1 | $105,000 | $105,000 | $6,294 | 3.75% |
VA | 1 | $175,000 | $175,000 | $6,297 | 4.38% |
For 2018, Lcnb National Bank's most frequently originated type of loan was Conventional, with 404 originations. Their 2nd most popular type was FHA, with 1 originations.
Loan Reason
For 2018, Lcnb National Bank's most frequently cited loan purpose was Home Purchase, with 191 originations. The 2nd most popular reason was Cash Out Refi, with 94 originations.
Loan Duration/Length
For 2018, Lcnb National Bank's most frequently cited loan duration was 15 Year, with 140 originations. The 2nd most popular length was 30 Year, with 127 originations.
Origination Fees/Closing Costs
Lcnb National Bank's average total fees were $2,955, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 234 originations.
Interest Rates
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
4-5% | 224 | $66,920,000 | $298,750 |
5-6% | 81 | $29,345,000 | $362,284 |
3-4% | 69 | $8,755,000 | $126,884 |
6-7% | 28 | $5,630,000 | $201,071 |
7-8% | 4 | $290,000 | $72,500 |
During 2018, Lcnb National Bank's average interest rate for loans was 4.70%, while their most frequently originated rate bucket for loans was 4-5%, with 224 originations.
Loan Sizing
2018 saw Lcnb National Bank place emphasis on $100,000 or less loans with 176 originations, totaling $10,040,000 in origination value.
Applicant Income
Lcnb National Bank lent most frequently to those with incomes in the $50k-75k range, with 87 originations. The second most popular income band? $100k-150k, with 74 originations.
Applicant Debt to Income Ratio
Lcnb National Bank lent most frequently to those with DTI ratios of 20-30%, with 94 originations. The next most common DTI ratio? 30-36%, with 67 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.30%
Lcnb National Bank has an average approval rate.
Pick Rate
Approvals leading to origination89.41%
Lcnb National Bank has an average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
NA | 406 | $110,940,000 | $273,251 |
Occupancy Type Mix
LTV Distribution
Bank Details
Branches
Bank Name | Branch | Branch Type | Deposits (000's) |
---|---|---|---|
LCNB National Bank | 100 Crossings Drive Washington Court House, OH 43160 | Full Service B&M | $12,220 |
LCNB National Bank | 1006 Western Avenue Chillicothe, OH 45601 | Full Service B&M | $15,317 |
LCNB National Bank | 101 Clarence F Warner Drive Monroe, OH 45050 | Full Service B&M | $7,289 |
LCNB National Bank | 1050 Reading Road Mason, OH 45040 | Full Service B&M | $37,712 |
LCNB National Bank | 110 West Main Street Eaton, OH 45320 | Full Service B&M | $70,593 |
LCNB National Bank | 1240 N. Bridge Street Chillicothe, OH 45601 | Full Service B&M | $10,033 |
LCNB National Bank | 1243 Rombach Avenue Wilmington, OH 45177 | Full Service B&M | $20,574 |
LCNB National Bank | 1697 North Barron Street Eaton, OH 45320 | Full Service B&M | $12,377 |
LCNB National Bank | 2 N. Broadway St Lebanon, OH 45036 | Full Service B&M | $238,106 |
LCNB National Bank | 200 Campus Ctr Lebanon, OH 45036 | Full Service B&M | $13,766 |
LCNB National Bank | 201 South Washington Street New Paris, OH 45347 | Full Service B&M | $15,954 |
LCNB National Bank | 225 Upper Lewisburg-Salem Road Brookville, OH 45309 | Full Service B&M | $91,099 |
LCNB National Bank | 2705 Far Hills Avenue Dayton, OH 45419 | Full Service B&M | $17,987 |
LCNB National Bank | 30 West Park Place Oxford, OH 45056 | Full Service B&M | $24,901 |
LCNB National Bank | 3209 West Galbraith Road Cincinnati, OH 45239 | Full Service B&M | $24,986 |
LCNB National Bank | 33 West Main Street Chillicothe, OH 45601 | Full Service B&M | $53,258 |
LCNB National Bank | 34 North Broadway Lebanon, OH 45036 | Limited, Drive-thru | $0 |
LCNB National Bank | 3878 State Route 122 Franklin, OH 45005 | Full Service B&M | $22,801 |
LCNB National Bank | 4441 Marie Drive Middletown, OH 45044 | Full Service B&M | $24,343 |
LCNB National Bank | 500 Loveland Madeira Road Loveland, OH 45140 | Full Service B&M | $27,901 |
LCNB National Bank | 522 South Commerce Street Lewisburg, OH 45338 | Full Service B&M | $24,252 |
LCNB National Bank | 525 West Central Avenue Springboro, OH 45066 | Full Service B&M | $16,958 |
LCNB National Bank | 55 East Dayton Street West Alexandria, OH 45381 | Full Service B&M | $18,726 |
LCNB National Bank | 603 Corwin Nixon Blvd South Lebanon, OH 45065 | Full Service B&M | $43,424 |
LCNB National Bank | 6123 East State Route 22 And 3 Roachester, OH 45152 | Full Service B&M | $33,391 |
LCNB National Bank | 6877 N. High Street Worthington, OH 43085 | Full Service B&M | $226,401 |
LCNB National Bank | 730 Columbus Avenue Lebanon, OH 45036 | Full Service B&M | $65,992 |
LCNB National Bank | 765 Nilles Road Fairfield, OH 45014 | Full Service B&M | $16,314 |
LCNB National Bank | 7795 South State Route 48 Maineville, OH 45039 | Full Service B&M | $36,526 |
LCNB National Bank | 794 N.W. Washington Boulevard Hamilton, OH 45013 | Full Service B&M | $29,190 |
LCNB National Bank | 9 North Main Street Waynesville, OH 45068 | Full Service B&M | $49,453 |
LCNB National Bank | 9605 Dayton Lebanon Pike St Rt 48 Centerville, OH 45458 | Full Service B&M | $15,435 |
LCNB National Bank | Dick Flynn Blvd Goshen, OH 45122 | Full Service B&M | $34,642 |
LCNB National Bank | Lebanon High School, 1916 Drake Road Lebanon, OH 45036 | Full Service B&M | $99 |
LCNB National Bank | Main And Springfield Streets Frankfort, OH 45628 | Full Service B&M | $29,599 |
For 2018, Lcnb National Bank had 35 branches.
Yearly Performance Overview
Bank Income
Item | Value (in 000's) |
---|---|
Total interest income | $54,534 |
Net interest income | $48,161 |
Total noninterest income | $11,407 |
Gross Fiduciary activities income | $2,858 |
Service charges on deposit accounts | $2,153 |
Trading account gains and fees | $0 |
Additional Noninterest Income | $6,396 |
Pre-tax net operating income | $18,751 |
Securities gains (or losses, -) | $-12 |
Income before extraordinary items | $15,455 |
Discontinued Operations (Extraordinary gains, net) | $0 |
Net income of bank and minority interests | $15,455 |
Minority interest net income | $0 |
Net income | $15,455 |
Sale, conversion, retirement of capital stock, net | $0 |
Net operating income | $15,464 |
Lcnb National Bank's gross interest income from loans was $54,534,000.
Lcnb National Bank's net interest income from loans was $48,161,000.
Lcnb National Bank's fee based income from loans was $2,153,000.
Lcnb National Bank's net income from loans was $15,455,000.
Bank Expenses
Item | Value (in 000's) |
---|---|
Total interest expense | $6,373 |
Provision for credit losses | $923 |
Total noninterest expense | $39,894 |
Salaries and employee benefits | $21,173 |
Premises and equipment expense | $4,329 |
Additional noninterest expense | $14,392 |
Applicable income taxes | $3,284 |
Net charge-offs | $281 |
Cash dividends | $10,383 |
Lcnb National Bank's interest expense for loans was $6,373,000.
Lcnb National Bank's payroll and benefits expense were $21,173,000.
Lcnb National Bank's property, plant and equipment expenses $4,329,000.
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 | 1.0% |
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 | $1,301,634 |
Deposits held in domestic offices | $1,301,634 |
Deposits by Individuals, partnerships, and corporations | $1,198,226 |
Deposits by U.S. Government | $0 |
Deposits by States and political subdivisions in the U.S. | $93,116 |
Deposits by Commercial banks and other depository institutions in U.S. | $10,293 |
Deposits by Banks in foreign countries | $0 |
Deposits by Foreign governments and official institutions | $0 |
Transaction accounts | $164,116 |
Demand deposits | $126,808 |
Nontransaction accounts | $1,137,519 |
Money market deposit accounts (MMDAs) | $77,546 |
Other savings deposits (excluding MMDAs) | $763,110 |
Total time deposits | $296,862 |
Total time and savings deposits | $1,174,827 |
Noninterest-bearing deposits | $323,286 |
Interest-bearing deposits | $978,348 |
Retail deposits | $1,262,213 |
IRAs and Keogh plan accounts | $75,262 |
Brokered deposits | $0 |
Deposits held in foreign offices | $0 |
Assets
Asset | Value (in 000's) |
---|---|
Total Assets | $1,634,260 |
Cash & Balances due from depository institutions | $19,086 |
Interest-bearing balances | $1,715 |
Total securities | $269,405 |
Federal funds sold & reverse repurchase | $0 |
Net loans and leases | $1,194,577 |
Loan and leases loss allowance | $4,046 |
Trading account assets | $0 |
Bank premises and fixed assets | $32,627 |
Other real estate owned | $244 |
Goodwill and other intangibles | $64,263 |
All other assets | $54,058 |
Liabilities
Liabilities | Value (in 000's) |
---|---|
Total liabilities and capital | $1,634,260 |
Total Liabilities | $1,418,865 |
Total deposits | $1,301,634 |
Interest-bearing deposits | $978,348 |
Deposits held in domestic offices | $1,301,634 |
% insured (estimated) | $88 |
Federal funds purchased and repurchase agreements | $0 |
Trading liabilities | $0 |
Other borrowed funds | $103,262 |
Subordinated debt | $0 |
All other liabilities | $13,969 |
Issued Loan Types
Type | Value (in 000's) |
---|---|
Net loans and leases | $1,194,577 |
Loan and leases loss allowance | $4,046 |
Total loans and leases (domestic) | $1,198,623 |
All real estate loans | $1,089,662 |
Real estate loans in domestic offices | $1,089,662 |
Construction and development loans | $67,634 |
Residential 1-4 family construction | $3,865 |
Other construction, all land development and other land | $63,769 |
Loans secured by nonfarm nonresidential properties | $503,330 |
Nonfarm nonresidential secured by owner-occupied properties | $179,387 |
Commercial real estate & other non-farm, non-residential | $323,943 |
Multifamily residential real estate | $129,177 |
1-4 family residential loans | $349,537 |
Farmland loans | $39,984 |
Loans held in foreign offices | $0 |
Farm loans | $13,312 |
Commercial and industrial loans | $77,799 |
To non-U.S. addressees | $0 |
Loans to individuals | $17,400 |
Credit card loans | $0 |
Related Plans | $169 |
Consumer Auto Loans | $12,114 |
Other loans to individuals | $5,117 |
All other loans & leases | $450 |
Loans to foreign governments and official institutions | $0 |
Other loans | $450 |
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 | $10,464 |
Non 1-4 family restructured loans & leases | $9,257 |
Total loans and leases (foreign) | $0 |
LCNB National Bank had $1,194,577,000 of loans outstanding in 2018. $1,089,662,000 of loans were in real estate loans. $67,634,000 of loans were in development loans. $129,177,000 of loans were in multifamily mortgage loans. $349,537,000 of loans were in 1-4 family mortgage loans. $13,312,000 of loans were in farm loans. $0 of loans were in credit card loans. $12,114,000 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 | 555 | $143,558 | $258,663 |
Nonfarm, nonresidential loans - <$100k | 72 | $3,592 | $49,889 |
Nonfarm, nonresidential loans - $100-250k | 172 | $21,469 | $124,820 |
Nonfarm, nonresidential loans - $250k-1MM | 311 | $118,497 | $381,019 |
Commercial & Industrial, US addressed loans - <$1MM | 447 | $55,344 | $123,812 |
Commercial & Industrial, US addressed loans - <$100k | 243 | $7,001 | $28,811 |
Commercial & Industrial, US addressed loans - $100-250k | 82 | $7,336 | $89,463 |
Commercial & Industrial, US addressed loans - $250k-1MM | 122 | $41,007 | $336,123 |
Farmland loans - <$1MM | 77 | $11,740 | $152,468 |
Farmland loans - <$100k | 16 | $667 | $41,688 |
Farmland loans - $100-250k | 36 | $4,277 | $118,806 |
Farmland loans - $250k-1MM | 25 | $6,796 | $271,840 |
Agriculture operations loans - <$1MM | 73 | $7,060 | $96,712 |
Agriculture operations loans - <$100k | 36 | $1,251 | $34,750 |
Agriculture operations loans - $100-250k | 18 | $1,666 | $92,556 |
Agriculture operations loans - $250k-1MM | 19 | $4,143 | $218,053 |