Lcnb National Bank Mortgage Rates, Fees & Info

Lebanon, OH

LEI: 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.

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 6.52% 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






Your Estimates

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

This is not an official calculator from Lcnb 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

406

Origination Dollar Volume (All Markets)

$110,940,000

Employee count

325

Awards

LCNB National Bank 30 Year Conventional Loans silver LCNB National Bank 30 Year Conventional Loans bronze LCNB National Bank 30 Year Conventional Loans bronze
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) 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%
Lcnb National Bank's top markets include Columbus, Cincinnati, Chillicothe, Dayton, and Springfield among others.

Their top states include:
  • Ohio (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Mississippi (FHA|USDA|VA)
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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

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 191 $63,935,000 $334,738 $3,036 4.76%
    Cash Out Refi 94 $25,770,000 $274,149 $2,270 4.63%
    Refi 65 $17,845,000 $274,538 $1,876 4.68%
    Home Improvement 28 $1,360,000 $48,571 $1,641 4.89%
    Other 28 $2,030,000 $72,500 $1,708 5.40%

    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

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 140 $15,800,000 $112,857 $1,948 4.44%
    30 Year 127 $22,655,000 $178,386 $2,955 4.70%
    Other 63 $62,075,000 $985,317 $3,001 5.41%
    10 Year 46 $4,840,000 $105,217 $1,518 4.84%
    20 Year 19 $1,905,000 $100,263 $2,559 5.24%
    30+ year 10 $3,660,000 $366,000 $5,480 5.01%
    5 Year 1 $5,000 $5,000 $0 4.88%

    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

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 234 $34,430,000 $147,137
    $1k-2k 25 $4,735,000 $189,400
    $2k-3k 10 $2,620,000 $262,000
    $3k-4k 3 $1,245,000 $415,000
    $4k-5k 1 $735,000 $735,000
    $5k+ 1 $225,000 $225,000

    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

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 176 $10,040,000 $57,045 $1,792 4.83%
    $100k-200k 125 $18,145,000 $145,160 $2,533 4.62%
    $200k-400k 72 $19,770,000 $274,583 $3,631 4.77%
    $1MM+ 14 $52,840,000 $3,774,286 $0 5.17%
    $400k-600k 13 $5,965,000 $458,846 $3,564 4.96%
    $600k-1MM 6 $4,180,000 $696,667 $6,530 4.90%

    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

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 87 $10,205,000 $117,299 $2,520 4.50%
    $100k-150k 74 $10,890,000 $147,162 $2,670 4.71%
    $50k or less 67 $5,645,000 $84,254 $2,051 4.47%
    $75k-100k 56 $6,570,000 $117,321 $2,707 4.92%
    $150k-250k 43 $9,005,000 $209,419 $3,141 4.74%
    $250k+ 15 $5,025,000 $335,000 $3,901 4.63%

    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

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 94 $10,840,000 $115,319 $2,454 4.66%
    30-36% 67 $9,385,000 $140,075 $2,500 4.59%
    <20% 42 $4,840,000 $115,238 $2,156 4.35%
    36% 21 $2,335,000 $111,190 $2,781 4.87%
    38% 17 $2,355,000 $138,529 $2,974 5.08%
    42% 14 $2,270,000 $162,143 $2,449 4.95%
    39% 14 $1,530,000 $109,286 $2,274 4.64%
    43% 12 $2,150,000 $179,167 $2,594 4.65%
    40% 11 $1,995,000 $181,364 $2,593 4.47%
    37% 9 $1,705,000 $189,444 $2,936 4.37%
    41% 8 $1,270,000 $158,750 $2,664 4.77%
    44% 8 $1,190,000 $148,750 $3,498 4.41%
    45% 8 $1,340,000 $167,500 $2,796 4.57%
    46% 4 $1,800,000 $450,000 $6,982 5.14%
    49% 4 $970,000 $242,500 $3,462 4.63%
    50-60% 3 $495,000 $165,000 $1,844 4.13%
    48% 2 $220,000 $110,000 $4,773 4.15%
    >60% 1 $25,000 $25,000 $0 4.88%
    47% 1 $155,000 $155,000 $2,280 4.13%

    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

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 53 $62,135,000 $1,172,358 $0 5.60%
    White 261 $33,215,000 $127,261 $2,492 4.60%
    Not provided 71 $11,865,000 $167,113 $2,655 4.80%
    Asian 13 $2,555,000 $196,538 $4,080 4.77%
    Asian Indian 4 $600,000 $150,000 $0 4.75%
    Black 4 $570,000 $142,500 $2,603 4.50%

    Approval Rates

    Total approvals of all applications
    88.30%

    Lcnb National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    89.41%

    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

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 34 $59,860,000 $1,760,588
    Single Family (1-4 Units):Manufactured 7 $575,000 $82,143
    Single Family (1-4 Units):Site-Built 365 $50,505,000 $138,370

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 50 $3,780,000 $75,600 $1,759 4.80%
    40-60% 66 $17,210,000 $260,758 $1,992 4.63%
    60-80% 160 $46,610,000 $291,313 $2,685 4.70%
    80-100% 78 $35,240,000 $451,795 $3,256 4.59%
    Under 20% 51 $2,755,000 $54,020 $1,147 5.40%

    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