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 Refi, Cash Out Refi, and Home Purchase loans. Lcnb National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Cincinnati, Columbus, Chillicothe, Dayton, and Wilmington among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Lcnb National Bank has an above average approval rate when compared to the average across all lenders. They have an above 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% 11/21/24
    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

    790

    Origination Dollar Volume (All Markets)

    $170,470,000

    Employee count

    331 Show all (5) 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) 425 $93,045,000 $218,929 $2,805 3.12%
    COLUMBUS, OH (FHA|USDA|VA) 100 $38,100,000 $381,000 $3,227 3.33%
    Chillicothe, OH (FHA|USDA|VA) 104 $13,090,000 $125,865 $2,412 3.11%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 56 $12,540,000 $223,929 $3,091 3.19%
    Outside of Metro Areas 65 $6,985,000 $107,462 $2,106 3.20%
    Wilmington, OH (FHA|USDA|VA) 23 $3,315,000 $144,130 $2,462 3.33%
    Washington Court House, OH (FHA|USDA|VA) 10 $1,790,000 $179,000 $3,144 3.03%
    SPRINGFIELD, OH (FHA|USDA|VA) 1 $1,085,000 $1,085,000 $0 4.63%
    Portsmouth, OH (FHA|USDA|VA) 1 $195,000 $195,000 $3,125 2.88%
    Greenville, OH (FHA|USDA|VA) 1 $135,000 $135,000 $2,559 2.75%
    Somerset, KY (FHA|USDA|VA) 1 $115,000 $115,000 $1,850 2.50%
    Jackson, OH (FHA|USDA|VA) 2 $60,000 $30,000 $1,023 2.94%
    Richmond, IN (FHA|USDA|VA) 1 $15,000 $15,000 $0 3.00%
    Lcnb National Bank's top markets include Cincinnati, Columbus, Chillicothe, Dayton, and Wilmington among others.

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

    Commodore Bank
    Similarity Rank: 153
    HOMELAND CREDIT UNION, INC.
    Similarity Rank: 160
    Day Air Credit Union, Inc
    Similarity Rank: 264
    The North Side Bank & Trust Company
    Similarity Rank: 350
    Mechanics Bank
    Similarity Rank: 396
    Greenville Federal
    Similarity Rank: 405
    First Federal Savings and Loan Association
    Similarity Rank: 620
    CINFED Federal Credit Union
    Similarity Rank: 651
    Kingston National Bank
    Similarity Rank: 738
    First State Bank
    Similarity Rank: 770

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 790 $170,470,000 $215,785 $2,723 3.16%

    For 2020, Lcnb National Bank's most frequently originated type of loan was Conventional, with 790 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 318 $65,680,000 $206,541 $2,813 2.95%
    Cash Out Refi 274 $64,810,000 $236,533 $2,922 3.14%
    Home Purchase 134 $36,120,000 $269,552 $3,353 3.45%
    Other 36 $2,730,000 $75,833 $879 3.59%
    Home Improvement 28 $1,130,000 $40,357 $102 3.88%

    For 2020, Lcnb National Bank's most frequently cited loan purpose was Refi, with 318 originations. The 2nd most popular reason was Cash Out Refi, with 274 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 304 $50,640,000 $166,579 $2,550 2.97%
    30 Year 294 $70,900,000 $241,156 $3,285 3.14%
    20 Year 75 $13,665,000 $182,200 $2,676 3.30%
    10 Year 72 $12,570,000 $174,583 $1,047 3.39%
    Other 42 $21,980,000 $523,333 $2,355 3.96%
    30+ year 2 $410,000 $205,000 $5,078 3.81%
    3 Year 1 $305,000 $305,000 $0 3.75%

    For 2020, Lcnb National Bank's most frequently cited loan duration was 15 Year, with 304 originations. The 2nd most popular length was 30 Year, with 294 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 571 $100,795,000 $176,524
    $1k-2k 94 $18,390,000 $195,638
    $2k-3k 20 $6,750,000 $337,500
    $3k-4k 5 $2,445,000 $489,000
    $5k+ 4 $3,310,000 $827,500
    $4k-5k 2 $760,000 $380,000

    Lcnb National Bank's average total fees were $3,285, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 571 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 306 $64,930,000 $212,190
    3-4% 279 $59,735,000 $214,104
    <2.5% 130 $26,680,000 $205,231
    4-5% 55 $15,015,000 $273,000
    5-6% 19 $4,075,000 $214,474
    6-7% 1 $35,000 $35,000

    During 2020, Lcnb National Bank's average interest rate for loans was 3.14%, while their most frequently originated rate bucket for loans was 2.5-3%, with 306 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 301 $43,455,000 $144,369 $2,748 3.04%
    $200k-400k 206 $55,760,000 $270,680 $3,368 3.13%
    $100,000 or less 205 $12,055,000 $58,805 $1,352 3.34%
    $400k-600k 44 $20,840,000 $473,636 $4,375 3.03%
    $600k-1MM 25 $19,615,000 $784,600 $5,232 3.43%
    $1MM+ 9 $18,745,000 $2,082,778 $20,759 3.83%

    2020 saw Lcnb National Bank place emphasis on $100k-200k loans with 301 originations, totaling $43,455,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 156 $31,130,000 $199,551 $2,744 3.07%
    $50k-75k 148 $20,630,000 $139,392 $2,481 3.10%
    $50k or less 134 $13,570,000 $101,269 $2,115 3.15%
    $75k-100k 125 $18,595,000 $148,760 $2,572 3.02%
    $150k-250k 78 $22,770,000 $291,923 $3,130 3.01%
    $250k+ 62 $25,880,000 $417,419 $4,495 3.05%

    Lcnb National Bank lent most frequently to those with incomes in the $100k-150k range, with 156 originations. The second most popular income band? $50k-75k, with 148 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 218 $37,570,000 $172,339 $2,745 2.96%
    <20% 132 $28,370,000 $214,924 $2,885 2.94%
    30-36% 118 $18,740,000 $158,814 $2,476 3.28%
    36% 27 $4,235,000 $156,852 $2,755 3.04%
    38% 20 $3,920,000 $196,000 $2,525 3.07%
    42% 19 $3,685,000 $193,947 $2,769 3.26%
    44% 18 $4,210,000 $233,889 $3,000 2.98%
    39% 18 $3,480,000 $193,333 $2,677 3.03%
    41% 18 $4,200,000 $233,333 $2,709 3.03%
    37% 17 $1,965,000 $115,588 $1,856 3.47%
    43% 16 $3,270,000 $204,375 $2,671 3.15%
    40% 16 $3,480,000 $217,500 $2,741 3.11%
    50-60% 14 $3,340,000 $238,571 $3,096 3.10%
    45% 10 $2,550,000 $255,000 $2,835 2.89%
    47% 10 $1,750,000 $175,000 $2,521 3.14%
    48% 10 $2,620,000 $262,000 $3,089 2.78%
    >60% 7 $1,765,000 $252,143 $2,767 3.16%
    49% 6 $1,000,000 $166,667 $2,809 3.15%
    46% 4 $900,000 $225,000 $3,230 3.16%

    Lcnb National Bank lent most frequently to those with DTI ratios of 20-30%, with 218 originations. The next most common DTI ratio? <20%, with 132 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 656 $119,740,000 $182,530 $2,704 3.09%
    Not applicable 55 $32,675,000 $594,091 $0 4.28%
    Not provided 65 $14,355,000 $220,846 $2,840 2.92%
    Asian 4 $2,020,000 $505,000 $3,437 3.31%
    Black 6 $1,130,000 $188,333 $2,992 2.83%
    Filipino 2 $310,000 $155,000 $3,054 3.13%
    American Indian 1 $135,000 $135,000 $3,333 2.63%
    Korean 1 $105,000 $105,000 $2,633 3.25%

    Approval Rates

    Total approvals of all applications
    90.42%

    Lcnb National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    94.68%

    Lcnb National Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 790 $170,470,000 $215,785

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 31 $27,405,000 $884,032
    Single Family (1-4 Units):Manufactured 18 $1,330,000 $73,889
    Single Family (1-4 Units):Site-Built 741 $141,735,000 $191,275

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 98 $11,270,000 $115,000 $1,909 3.19%
    40-60% 188 $42,810,000 $227,713 $2,921 2.90%
    60-80% 331 $85,275,000 $257,628 $3,204 3.17%
    80-100% 113 $28,575,000 $252,876 $3,266 3.24%
    Under 20% 60 $2,540,000 $42,333 $152 3.75%

    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 $14,549
    Lcnb National Bank 1006 Western Avenue Chillicothe, OH 45601 Full Service B&M $21,543
    Lcnb National Bank 101 Clarence F Warner Drive Monroe, OH 45050 Full Service B&M $13,559
    Lcnb National Bank 1050 Reading Road Mason, OH 45040 Full Service B&M $44,168
    Lcnb National Bank 110 West Main Street Eaton, OH 45320 Full Service B&M $107,322
    Lcnb National Bank 1240 N. Bridge Street Chillicothe, OH 45601 Full Service B&M $12,392
    Lcnb National Bank 1243 Rombach Avenue Wilmington, OH 45177 Full Service B&M $28,074
    Lcnb National Bank 1697 North Barron Street Eaton, OH 45320 Full Service B&M $13,561
    Lcnb National Bank 2 N. Broadway St Lebanon, OH 45036 Full Service B&M $187,711
    Lcnb National Bank 200 Campus Ctr Lebanon, OH 45036 Full Service B&M $13,480
    Lcnb National Bank 225 Upper Lewisburg-Salem Road Brookville, OH 45309 Full Service B&M $101,813
    Lcnb National Bank 2705 Far Hills Avenue Dayton, OH 45419 Full Service B&M $31,729
    Lcnb National Bank 30 West Park Place Oxford, OH 45056 Full Service B&M $31,817
    Lcnb National Bank 3209 West Galbraith Road Cincinnati, OH 45239 Full Service B&M $26,703
    Lcnb National Bank 33 West Main Street Chillicothe, OH 45601 Full Service B&M $64,783
    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 $27,672
    Lcnb National Bank 4441 Marie Drive Middletown, OH 45044 Full Service B&M $27,031
    Lcnb National Bank 500 Loveland Madeira Road Loveland, OH 45140 Full Service B&M $31,373
    Lcnb National Bank 522 South Commerce Street Lewisburg, OH 45338 Full Service B&M $30,228
    Lcnb National Bank 525 West Central Avenue Springboro, OH 45066 Full Service B&M $27,729
    Lcnb National Bank 603 Corwin Nixon Blvd South Lebanon, OH 45065 Full Service B&M $53,583
    Lcnb National Bank 6123 East State Route 22 And 3 Roachester, OH 45152 Full Service B&M $35,762
    Lcnb National Bank 6877 N. High Street Worthington, OH 43085 Full Service B&M $148,033
    Lcnb National Bank 730 Columbus Avenue Lebanon, OH 45036 Full Service B&M $85,314
    Lcnb National Bank 765 Nilles Road Fairfield, OH 45014 Full Service B&M $24,707
    Lcnb National Bank 7795 South State Route 48 Maineville, OH 45039 Full Service B&M $41,724
    Lcnb National Bank 794 N.W. Washington Boulevard Hamilton, OH 45013 Full Service B&M $30,024
    Lcnb National Bank 9 North Main Street Waynesville, OH 45068 Full Service B&M $61,804
    Lcnb National Bank 9605 Dayton Lebanon Pike St Rt 48 Centerville, OH 45458 Full Service B&M $23,607
    Lcnb National Bank Dick Flynn Blvd Goshen, OH 45122 Full Service B&M $43,735
    Lcnb National Bank Lebanon High School, 1916 Drake Road Lebanon, OH 45036 Full Service B&M $110
    Lcnb National Bank Main And Springfield Streets Frankfort, OH 45628 Full Service B&M $34,002

    For 2020, Lcnb National Bank had 33 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $63,707
    Net interest income $56,154
    Total noninterest income $15,830
    Gross Fiduciary activities income $3,826
    Service charges on deposit accounts $1,552
    Trading account gains and fees $0
    Additional Noninterest Income $10,452
    Pre-tax net operating income $23,639
    Securities gains (or losses, -) $748
    Income before extraordinary items $19,907
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $19,907
    Minority interest net income $0
    Net income $19,907
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $19,293

    Lcnb National Bank's gross interest income from loans was $63,707,000.
    Lcnb National Bank's net interest income from loans was $56,154,000.
    Lcnb National Bank's fee based income from loans was $1,552,000.
    Lcnb National Bank's net income from loans was $19,907,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $7,553
    Provision for credit losses $2,014
    Total noninterest expense $46,331
    Salaries and employee benefits $27,041
    Premises and equipment expense $4,432
    Additional noninterest expense $14,858
    Applicable income taxes $4,480
    Net charge-offs $331
    Cash dividends $11,250

    Lcnb National Bank's interest expense for loans was $7,553,000.
    Lcnb National Bank's payroll and benefits expense were $27,041,000.
    Lcnb National Bank's property, plant and equipment expenses $4,432,000.

    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 $1,459,072
    Deposits held in domestic offices $1,459,072
    Deposits by Individuals, partnerships, and corporations $1,337,604
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $119,041
    Deposits by Commercial banks and other depository institutions in U.S. $2,428
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $164,692
    Demand deposits $111,601
    Nontransaction accounts $1,294,381
    Money market deposit accounts (MMDAs) $75,991
    Other savings deposits (excluding MMDAs) $975,869
    Total time deposits $242,521
    Total time and savings deposits $1,347,472
    Noninterest-bearing deposits $458,722
    Interest-bearing deposits $1,000,350
    Retail deposits $1,423,488
    IRAs and Keogh plan accounts $74,174
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,742,641
    Cash & Balances due from depository institutions $29,224
    Interest-bearing balances $12,581
    Total securities $235,669
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,293,693
    Loan and leases loss allowance $5,728
    Trading account assets $0
    Bank premises and fixed assets $41,650
    Other real estate owned $0
    Goodwill and other intangibles $62,674
    All other assets $79,731

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,742,641
    Total Liabilities $1,508,549
    Total deposits $1,459,072
    Interest-bearing deposits $1,000,350
    Deposits held in domestic offices $1,459,072
    % insured (estimated) $86
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $22,000
    Subordinated debt $0
    All other liabilities $27,477

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,293,693
    Loan and leases loss allowance $5,728
    Total loans and leases (domestic) $1,299,421
    All real estate loans $1,152,296
    Real estate loans in domestic offices $1,152,296
    Construction and development loans $82,551
    Residential 1-4 family construction $11,296
    Other construction, all land development and other land $71,255
    Loans secured by nonfarm nonresidential properties $566,654
    Nonfarm nonresidential secured by owner-occupied properties $193,104
    Commercial real estate & other non-farm, non-residential $373,550
    Multifamily residential real estate $155,979
    1-4 family residential loans $310,086
    Farmland loans $37,026
    Loans held in foreign offices $0
    Farm loans $10,114
    Commercial and industrial loans $99,596
    To non-U.S. addressees $0
    Loans to individuals $37,051
    Credit card loans $0
    Related Plans $107
    Consumer Auto Loans $30,691
    Other loans to individuals $6,253
    All other loans & leases $364
    Loans to foreign governments and official institutions $0
    Other loans $364
    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 $5,176
    Non 1-4 family restructured loans & leases $4,355
    Total loans and leases (foreign) $0

    LCNB National Bank had $1,293,693,000 of loans outstanding in 2020. $1,152,296,000 of loans were in real estate loans. $82,551,000 of loans were in development loans. $155,979,000 of loans were in multifamily mortgage loans. $310,086,000 of loans were in 1-4 family mortgage loans. $10,114,000 of loans were in farm loans. $0 of loans were in credit card loans. $30,691,000 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 499 $142,148 $284,866
    Nonfarm, nonresidential loans - <$100k 57 $2,598 $45,579
    Nonfarm, nonresidential loans - $100-250k 136 $18,300 $134,559
    Nonfarm, nonresidential loans - $250k-1MM 306 $121,250 $396,242
    Commercial & Industrial, US addressed loans - <$1MM 603 $64,445 $106,874
    Commercial & Industrial, US addressed loans - <$100k 373 $11,449 $30,694
    Commercial & Industrial, US addressed loans - $100-250k 108 $11,520 $106,667
    Commercial & Industrial, US addressed loans - $250k-1MM 122 $41,476 $339,967
    Farmland loans - <$1MM 68 $10,829 $159,250
    Farmland loans - <$100k 12 $894 $74,500
    Farmland loans - $100-250k 31 $3,594 $115,935
    Farmland loans - $250k-1MM 25 $6,341 $253,640
    Agriculture operations loans - <$1MM 65 $6,480 $99,692
    Agriculture operations loans - <$100k 33 $890 $26,970
    Agriculture operations loans - $100-250k 14 $1,501 $107,214
    Agriculture operations loans - $250k-1MM 18 $4,089 $227,167