Lcnb National Bank Mortgage Rates, Fees & Info

Lebanon, OH

LEI: 549300Q55VW95EP3CM33

Tax ID: 31-0352330

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

    Lcnb National Bank is a smaller bank specializing in Home Purchase loans. Lcnb National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Cincinnati, Columbus, Dayton, Chillicothe, and Wilmington among others. We have data for 12 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 an 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.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.52% 11/21/24
    30 Year Conventional Refi 6.56% 11/21/24
    30 Year Cash-out Refi 6.62% 11/21/24
    15 Year Conventional Purchase 6.10% 11/21/24
    15 Year Conventional Refi 5.93% 11/21/24
    15 Year Cash-out Refi 5.93% 11/21/24
    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.

    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

    400

    Origination Dollar Volume (All Markets)

    $113,400,000

    Employee count

    332

    Awards

    LCNB National Bank 30 Year Conventional Loans bronze LCNB National Bank 30 Year Conventional Loans gold LCNB National Bank 30 Year Conventional Loans silver LCNB National Bank 30 Year Conventional Loans silver
    Show all (4) 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
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 201 $49,375,000 $245,647 $2,835 4.17%
    COLUMBUS, OH (FHA|USDA|VA) 46 $44,150,000 $959,783 $3,726 4.86%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 36 $6,520,000 $181,111 $2,637 4.48%
    Chillicothe, OH (FHA|USDA|VA) 42 $6,000,000 $142,857 $2,750 4.08%
    Outside of Metro Areas 37 $3,315,000 $89,595 $2,525 4.17%
    Wilmington, OH (FHA|USDA|VA) 18 $2,190,000 $121,667 $2,910 4.24%
    Washington Court House, OH (FHA|USDA|VA) 10 $990,000 $99,000 $2,071 4.64%
    Richmond, IN (FHA|USDA|VA) 3 $335,000 $111,667 $2,170 3.92%
    Sidney, OH (FHA|USDA|VA) 1 $245,000 $245,000 $2,650 3.50%
    Athens, OH (FHA|USDA|VA) 1 $115,000 $115,000 $4,711 5.00%
    Greenville, OH (FHA|USDA|VA) 3 $115,000 $38,333 $2,437 3.88%
    Jackson, OH (FHA|USDA|VA) 2 $50,000 $25,000 $0 5.06%
    Lcnb National Bank's top markets include Cincinnati, Columbus, Dayton, Chillicothe, and Wilmington among others.

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

    • 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.

    HOMELAND CREDIT UNION, INC.
    Similarity Rank: 49
    The North Side Bank & Trust Company
    Similarity Rank: 55
    CINFED Federal Credit Union
    Similarity Rank: 162
    KH NETWORK CREDIT UNION
    Similarity Rank: 304
    Columbus Metro Federal Credit Union
    Similarity Rank: 392
    HOPEWELL Federal Credit Union
    Similarity Rank: 510
    First Federal Savings and Loan Association
    Similarity Rank: 575
    EDUCATION FIRST CREDIT UNION, INC.
    Similarity Rank: 630
    RIVER VALLEY CREDIT UNION, INC.
    Similarity Rank: 716
    TrueCore Federal Credit Union
    Similarity Rank: 980

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 400 $113,400,000 $283,500 $2,802 4.28%

    For 2019, Lcnb National Bank's most frequently originated type of loan was Conventional, with 400 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 118 $63,540,000 $538,475 $3,122 4.27%
    Cash Out Refi 111 $20,785,000 $187,252 $2,808 4.07%
    Refi 89 $21,855,000 $245,562 $2,704 4.18%
    Other 44 $2,870,000 $65,227 $2,116 4.81%
    Home Improvement 38 $4,350,000 $114,474 $663 4.59%

    For 2019, Lcnb National Bank's most frequently cited loan purpose was Home Purchase, with 118 originations. The 2nd most popular reason was Cash Out Refi, with 111 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 134 $18,820,000 $140,448 $2,548 4.15%
    30 Year 131 $25,075,000 $191,412 $3,111 4.02%
    10 Year 60 $19,210,000 $320,167 $1,662 4.35%
    Other 46 $43,370,000 $942,826 $3,315 5.18%
    20 Year 26 $3,050,000 $117,308 $2,531 4.46%
    5 Year 2 $3,630,000 $1,815,000 $0 4.69%
    3 Year 1 $245,000 $245,000 $0 5.25%

    For 2019, Lcnb National Bank's most frequently cited loan duration was 15 Year, with 134 originations. The 2nd most popular length was 30 Year, with 131 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 220 $35,030,000 $159,227
    $1k-2k 21 $3,685,000 $175,476
    $2k-3k 6 $1,640,000 $273,333
    $4k-5k 3 $1,505,000 $501,667
    $3k-4k 1 $745,000 $745,000
    $5k+ 1 $505,000 $505,000

    Lcnb National Bank's average total fees were $3,111, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 220 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 206 $50,820,000 $246,699
    4-5% 110 $21,960,000 $199,636
    5-6% 48 $33,750,000 $703,125
    6-7% 24 $4,670,000 $194,583
    2.5-3% 10 $2,100,000 $210,000
    7-8% 2 $100,000 $50,000

    During 2019, Lcnb National Bank's average interest rate for loans was 4.02%, while their most frequently originated rate bucket for loans was 3-4%, with 206 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 170 $8,490,000 $49,941 $2,043 4.47%
    $100k-200k 121 $16,465,000 $136,074 $2,781 3.99%
    $200k-400k 76 $20,290,000 $266,974 $3,230 4.20%
    $1MM+ 13 $55,695,000 $4,284,231 $5,588 4.84%
    $400k-600k 11 $5,335,000 $485,000 $5,602 4.32%
    $600k-1MM 9 $7,125,000 $791,667 $8,298 4.56%

    2019 saw Lcnb National Bank place emphasis on $100,000 or less loans with 170 originations, totaling $8,490,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 79 $8,985,000 $113,734 $2,495 3.98%
    $50k or less 76 $6,160,000 $81,053 $2,485 4.11%
    $100k-150k 61 $8,395,000 $137,623 $2,979 4.23%
    $75k-100k 59 $8,095,000 $137,203 $2,788 4.13%
    $150k-250k 43 $8,145,000 $189,419 $3,235 4.24%
    $250k+ 13 $5,545,000 $426,538 $4,844 3.91%

    Lcnb National Bank lent most frequently to those with incomes in the $50k-75k range, with 79 originations. The second most popular income band? $50k or less, with 76 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 116 $13,520,000 $116,552 $2,608 4.14%
    30-36% 60 $8,110,000 $135,167 $2,834 4.22%
    <20% 54 $6,380,000 $118,148 $2,749 3.91%
    41% 13 $2,065,000 $158,846 $2,965 4.19%
    37% 13 $2,285,000 $175,769 $3,125 3.91%
    36% 12 $1,690,000 $140,833 $3,756 4.46%
    >60% 9 $2,275,000 $252,778 $3,549 4.18%
    38% 9 $1,225,000 $136,111 $2,782 4.08%
    44% 8 $1,570,000 $196,250 $2,456 4.08%
    40% 7 $875,000 $125,000 $2,777 4.45%
    50-60% 7 $1,705,000 $243,571 $2,959 3.79%
    39% 6 $530,000 $88,333 $2,165 4.52%
    47% 5 $745,000 $149,000 $2,509 3.85%
    42% 4 $770,000 $192,500 $3,592 4.09%
    49% 3 $385,000 $128,333 $2,747 3.75%
    45% 3 $705,000 $235,000 $3,474 3.75%
    48% 2 $390,000 $195,000 $3,222 3.44%
    43% 2 $240,000 $120,000 $2,243 4.13%
    46% 1 $175,000 $175,000 $2,974 4.13%

    Lcnb National Bank lent most frequently to those with DTI ratios of 20-30%, with 116 originations. The next most common DTI ratio? 30-36%, with 60 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 54 $65,130,000 $1,206,111 $2,675 5.35%
    White 311 $41,945,000 $134,871 $2,762 4.11%
    Not provided 31 $5,835,000 $188,226 $3,160 4.23%
    American Indian 3 $465,000 $155,000 $2,830 3.38%
    Asian 1 $25,000 $25,000 $0 5.13%

    Approval Rates

    Total approvals of all applications
    86.17%

    Lcnb National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    94.25%

    Lcnb National Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 400 $113,400,000 $283,500

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 33 $62,235,000 $1,885,909
    Single Family (1-4 Units):Manufactured 7 $815,000 $116,429
    Single Family (1-4 Units):Site-Built 360 $50,350,000 $139,861

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 66 $7,740,000 $117,273 $2,198 4.57%
    40-60% 62 $14,170,000 $228,548 $2,739 4.02%
    60-80% 141 $58,075,000 $411,879 $3,137 4.14%
    80-100% 63 $28,135,000 $446,587 $2,721 4.08%
    Under 20% 68 $5,280,000 $77,647 $1,231 4.72%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    LCNB National Bank 55 East Dayton Street West Alexandria, OH 45381 Full Service B&M $19,689
    LCNB National Bank 100 Crossings Drive Washington Court House, OH 43160 Full Service B&M $14,034
    LCNB National Bank 1006 Western Avenue Chillicothe, OH 45601 Full Service B&M $16,078
    LCNB National Bank 101 Clarence F Warner Drive Monroe, OH 45050 Full Service B&M $9,187
    LCNB National Bank 1050 Reading Road Mason, OH 45040 Full Service B&M $36,657
    LCNB National Bank 110 West Main Street Eaton, OH 45320 Full Service B&M $66,263
    LCNB National Bank 1240 N. Bridge Street Chillicothe, OH 45601 Full Service B&M $10,950
    LCNB National Bank 1243 Rombach Avenue Wilmington, OH 45177 Full Service B&M $23,888
    LCNB National Bank 1697 North Barron Street Eaton, OH 45320 Full Service B&M $12,488
    LCNB National Bank 2 N. Broadway St Lebanon, OH 45036 Full Service B&M $222,106
    LCNB National Bank 200 Campus Ctr Lebanon, OH 45036 Full Service B&M $13,245
    LCNB National Bank 201 South Washington Street New Paris, OH 45347 Full Service B&M $15,902
    LCNB National Bank 225 Upper Lewisburg-Salem Road Brookville, OH 45309 Full Service B&M $87,568
    LCNB National Bank 2705 Far Hills Avenue Dayton, OH 45419 Full Service B&M $23,511
    LCNB National Bank 30 West Park Place Oxford, OH 45056 Full Service B&M $26,994
    LCNB National Bank 3209 West Galbraith Road Cincinnati, OH 45239 Full Service B&M $24,644
    LCNB National Bank 33 West Main Street Chillicothe, OH 45601 Full Service B&M $50,169
    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 $24,821
    LCNB National Bank 4441 Marie Drive Middletown, OH 45044 Full Service B&M $26,054
    LCNB National Bank 500 Loveland Madeira Road Loveland, OH 45140 Full Service B&M $26,857
    LCNB National Bank 522 South Commerce Street Lewisburg, OH 45338 Full Service B&M $28,327
    LCNB National Bank 525 West Central Avenue Springboro, OH 45066 Full Service B&M $19,839
    LCNB National Bank 603 Corwin Nixon Blvd South Lebanon, OH 45065 Full Service B&M $43,867
    LCNB National Bank 6123 East State Route 22 And 3 Roachester, OH 45152 Full Service B&M $30,253
    LCNB National Bank 6877 N. High Street Worthington, OH 43085 Full Service B&M $168,180
    LCNB National Bank 730 Columbus Avenue Lebanon, OH 45036 Full Service B&M $76,708
    LCNB National Bank 765 Nilles Road Fairfield, OH 45014 Full Service B&M $24,269
    LCNB National Bank 7795 South State Route 48 Maineville, OH 45039 Full Service B&M $40,450
    LCNB National Bank 794 N.W. Washington Boulevard Hamilton, OH 45013 Full Service B&M $31,871
    LCNB National Bank 9 North Main Street Waynesville, OH 45068 Full Service B&M $55,903
    LCNB National Bank 9605 Dayton Lebanon Pike St Rt 48 Centerville, OH 45458 Full Service B&M $17,348
    LCNB National Bank Dick Flynn Blvd Goshen, OH 45122 Full Service B&M $39,049
    LCNB National Bank Lebanon High School, 1916 Drake Road Lebanon, OH 45036 Full Service B&M $122
    LCNB National Bank Main And Springfield Streets Frankfort, OH 45628 Full Service B&M $30,684

    For 2019, Lcnb National Bank had 35 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $65,111
    Net interest income $54,368
    Total noninterest income $13,081
    Gross Fiduciary activities income $3,231
    Service charges on deposit accounts $1,984
    Trading account gains and fees $0
    Additional Noninterest Income $7,866
    Pre-tax net operating income $23,220
    Securities gains (or losses, -) $8
    Income before extraordinary items $18,903
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $18,903
    Minority interest net income $0
    Net income $18,903
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $18,896

    Lcnb National Bank's gross interest income from loans was $65,111,000.
    Lcnb National Bank's net interest income from loans was $54,368,000.
    Lcnb National Bank's fee based income from loans was $1,984,000.
    Lcnb National Bank's net income from loans was $18,903,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $10,743
    Provision for credit losses $207
    Total noninterest expense $44,022
    Salaries and employee benefits $25,187
    Premises and equipment expense $4,413
    Additional noninterest expense $14,422
    Applicable income taxes $4,325
    Net charge-offs $207
    Cash dividends $17,625

    Lcnb National Bank's interest expense for loans was $10,743,000.
    Lcnb National Bank's payroll and benefits expense were $25,187,000.
    Lcnb National Bank's property, plant and equipment expenses $4,413,000.

    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 $1,351,532
    Deposits held in domestic offices $1,351,532
    Deposits by Individuals, partnerships, and corporations $1,221,977
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $122,777
    Deposits by Commercial banks and other depository institutions in U.S. $6,777
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $152,176
    Demand deposits $112,430
    Nontransaction accounts $1,199,355
    Money market deposit accounts (MMDAs) $65,456
    Other savings deposits (excluding MMDAs) $809,781
    Total time deposits $324,117
    Total time and savings deposits $1,239,101
    Noninterest-bearing deposits $358,918
    Interest-bearing deposits $992,614
    Retail deposits $1,300,201
    IRAs and Keogh plan accounts $79,552
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,636,413
    Cash & Balances due from depository institutions $18,476
    Interest-bearing balances $2,048
    Total securities $206,866
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,239,406
    Loan and leases loss allowance $4,045
    Trading account assets $0
    Bank premises and fixed assets $40,231
    Other real estate owned $197
    Goodwill and other intangibles $63,227
    All other assets $68,010

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,636,414
    Total Liabilities $1,414,348
    Total deposits $1,351,532
    Interest-bearing deposits $992,614
    Deposits held in domestic offices $1,351,532
    % insured (estimated) $80
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $46,439
    Subordinated debt $0
    All other liabilities $16,377

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,239,406
    Loan and leases loss allowance $4,045
    Total loans and leases (domestic) $1,243,451
    All real estate loans $1,127,008
    Real estate loans in domestic offices $1,127,008
    Construction and development loans $70,772
    Residential 1-4 family construction $2,945
    Other construction, all land development and other land $67,827
    Loans secured by nonfarm nonresidential properties $541,788
    Nonfarm nonresidential secured by owner-occupied properties $192,697
    Commercial real estate & other non-farm, non-residential $349,091
    Multifamily residential real estate $156,122
    1-4 family residential loans $322,854
    Farmland loans $35,472
    Loans held in foreign offices $0
    Farm loans $11,524
    Commercial and industrial loans $78,371
    To non-U.S. addressees $0
    Loans to individuals $25,355
    Credit card loans $0
    Related Plans $136
    Consumer Auto Loans $19,801
    Other loans to individuals $5,418
    All other loans & leases $1,193
    Loans to foreign governments and official institutions $0
    Other loans $1,193
    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 $6,609
    Non 1-4 family restructured loans & leases $5,654
    Total loans and leases (foreign) $0

    LCNB National Bank had $1,239,406,000 of loans outstanding in 2019. $1,127,008,000 of loans were in real estate loans. $70,772,000 of loans were in development loans. $156,122,000 of loans were in multifamily mortgage loans. $322,854,000 of loans were in 1-4 family mortgage loans. $11,524,000 of loans were in farm loans. $0 of loans were in credit card loans. $19,801,000 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 526 $137,388 $261,194
    Nonfarm, nonresidential loans - <$100k 63 $2,854 $45,302
    Nonfarm, nonresidential loans - $100-250k 157 $19,528 $124,382
    Nonfarm, nonresidential loans - $250k-1MM 306 $115,006 $375,837
    Commercial & Industrial, US addressed loans - <$1MM 396 $49,198 $124,237
    Commercial & Industrial, US addressed loans - <$100k 212 $6,398 $30,179
    Commercial & Industrial, US addressed loans - $100-250k 74 $6,565 $88,716
    Commercial & Industrial, US addressed loans - $250k-1MM 110 $36,235 $329,409
    Farmland loans - <$1MM 78 $11,402 $146,179
    Farmland loans - <$100k 17 $695 $40,882
    Farmland loans - $100-250k 36 $4,038 $112,167
    Farmland loans - $250k-1MM 25 $6,669 $266,760
    Agriculture operations loans - <$1MM 65 $5,893 $90,662
    Agriculture operations loans - <$100k 36 $1,177 $32,694
    Agriculture operations loans - $100-250k 13 $1,224 $94,154
    Agriculture operations loans - $250k-1MM 16 $3,492 $218,250