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 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

    585

    Origination Dollar Volume (All Markets)

    $246,795,000

    Employee count

    307 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) 300 $113,710,000 $379,033 $3,051 2.83%
    COLUMBUS, OH (FHA|USDA|VA) 62 $89,980,000 $1,451,290 $3,301 3.06%
    Chillicothe, OH (FHA|USDA|VA) 75 $12,965,000 $172,867 $2,749 2.80%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 62 $12,880,000 $207,742 $2,455 2.87%
    Outside of Metro Areas 46 $6,770,000 $147,174 $2,772 2.75%
    Wilmington, OH (FHA|USDA|VA) 22 $3,210,000 $145,909 $2,708 2.77%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $3,125,000 $3,125,000 $0 3.25%
    Washington Court House, OH (FHA|USDA|VA) 8 $1,900,000 $237,500 $2,644 3.00%
    Marietta, OH (FHA|USDA|VA) 2 $1,010,000 $505,000 $3,786 2.81%
    Jackson, OH (FHA|USDA|VA) 2 $430,000 $215,000 $3,327 2.56%
    Portsmouth, OH (FHA|USDA|VA) 1 $295,000 $295,000 $3,922 2.88%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $285,000 $285,000 $3,317 3.00%
    Greenville, OH (FHA|USDA|VA) 3 $235,000 $78,333 $1,746 2.92%
    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.

    HOMELAND CREDIT UNION, INC.
    Similarity Rank: 72
    The North Side Bank & Trust Company
    Similarity Rank: 246
    CINFED Federal Credit Union
    Similarity Rank: 288
    Greenville Federal
    Similarity Rank: 396
    Day Air Credit Union, Inc
    Similarity Rank: 432
    Sharefax Credit Union
    Similarity Rank: 505
    EDUCATION FIRST CREDIT UNION, INC.
    Similarity Rank: 567
    TrueCore Federal Credit Union
    Similarity Rank: 716
    First Federal Savings and Loan Association
    Similarity Rank: 979
    Liberty National Bank
    Similarity Rank: 1104

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 585 $246,795,000 $421,872 $2,917 2.85%

    For 2021, Lcnb National Bank's most frequently originated type of loan was Conventional, with 585 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 213 $71,005,000 $333,357 $2,899 2.83%
    Refi 189 $46,545,000 $246,270 $2,907 2.55%
    Home Purchase 152 $127,250,000 $837,171 $3,514 3.18%
    Other 16 $1,340,000 $83,750 $1,423 2.98%
    Home Improvement 15 $655,000 $43,667 $133 3.43%

    For 2021, Lcnb National Bank's most frequently cited loan purpose was Cash Out Refi, with 213 originations. The 2nd most popular reason was Refi, with 189 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 253 $59,295,000 $234,368 $3,245 3.03%
    15 Year 180 $41,120,000 $228,444 $2,787 2.43%
    10 Year 68 $70,050,000 $1,030,147 $2,048 2.57%
    20 Year 45 $17,585,000 $390,778 $2,825 3.00%
    Other 39 $58,745,000 $1,506,282 $0 4.01%

    For 2021, Lcnb National Bank's most frequently cited loan duration was 30 Year, with 253 originations. The 2nd most popular length was 15 Year, with 180 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 464 $97,290,000 $209,677
    $1k-2k 25 $5,015,000 $200,600
    $3k-4k 6 $2,900,000 $483,333
    $2k-3k 2 $470,000 $235,000
    $5k+ 2 $1,060,000 $530,000

    Lcnb National Bank's average total fees were $3,245, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 464 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 233 $51,635,000 $221,609
    3-4% 164 $128,820,000 $785,488
    2.5-3% 161 $52,795,000 $327,919
    4-5% 21 $10,645,000 $506,905
    5-6% 5 $2,425,000 $485,000

    During 2021, Lcnb National Bank's average interest rate for loans was 3.03%, while their most frequently originated rate bucket for loans was <2.5%, with 233 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 236 $33,990,000 $144,025 $2,761 2.75%
    $200k-400k 135 $36,415,000 $269,741 $3,234 2.79%
    $100,000 or less 113 $7,345,000 $65,000 $1,881 2.83%
    $400k-600k 45 $22,025,000 $489,444 $4,355 2.92%
    $1MM+ 32 $128,670,000 $4,020,938 $6,107 3.67%
    $600k-1MM 24 $18,350,000 $764,583 $5,198 3.07%

    2021 saw Lcnb National Bank place emphasis on $100k-200k loans with 236 originations, totaling $33,990,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 114 $24,060,000 $211,053 $2,985 2.74%
    $50k-75k 111 $14,865,000 $133,919 $2,590 2.75%
    $50k or less 86 $9,620,000 $111,860 $2,491 2.80%
    $75k-100k 84 $13,590,000 $161,786 $2,813 2.68%
    $150k-250k 70 $19,810,000 $283,000 $3,253 2.67%
    $250k+ 43 $24,775,000 $576,163 $4,301 2.72%

    Lcnb National Bank lent most frequently to those with incomes in the $100k-150k range, with 114 originations. The second most popular income band? $50k-75k, with 111 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 154 $31,590,000 $205,130 $2,875 2.60%
    <20% 87 $17,435,000 $200,402 $2,852 2.64%
    30-36% 86 $16,710,000 $194,302 $2,894 2.72%
    43% 16 $3,430,000 $214,375 $2,981 2.96%
    37% 16 $2,720,000 $170,000 $2,667 2.96%
    38% 15 $3,115,000 $207,667 $3,049 2.81%
    41% 14 $2,420,000 $172,857 $2,928 2.96%
    47% 14 $3,400,000 $242,857 $3,362 2.69%
    39% 13 $3,765,000 $289,615 $3,386 2.83%
    40% 11 $2,295,000 $208,636 $3,000 2.67%
    42% 10 $1,860,000 $186,000 $2,780 2.99%
    36% 10 $1,700,000 $170,000 $2,651 2.73%
    46% 10 $2,630,000 $263,000 $3,170 2.89%
    48% 10 $3,370,000 $337,000 $4,040 3.18%
    50-60% 10 $4,330,000 $433,000 $3,456 2.53%
    44% 9 $1,415,000 $157,222 $2,180 3.03%
    45% 8 $1,860,000 $232,500 $2,649 2.78%
    >60% 5 $1,235,000 $247,000 $3,206 2.65%
    49% 4 $580,000 $145,000 $2,816 2.81%

    Lcnb National Bank lent most frequently to those with DTI ratios of 20-30%, with 154 originations. The next most common DTI ratio? <20%, with 87 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 56 $135,910,000 $2,426,964 $0 3.93%
    White 471 $94,005,000 $199,586 $2,868 2.73%
    Not provided 46 $14,740,000 $320,435 $3,504 2.83%
    American Indian 5 $825,000 $165,000 $2,206 2.50%
    Black 3 $495,000 $165,000 $2,784 2.58%
    Asian 2 $380,000 $190,000 $3,098 2.50%
    Asian Indian 1 $325,000 $325,000 $3,115 2.88%
    Filipino 1 $115,000 $115,000 $2,746 2.38%

    Approval Rates

    Total approvals of all applications
    90.01%

    Lcnb National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    91.62%

    Lcnb National Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 585 $246,795,000 $421,872

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    585 $246,795,000 $421,872

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 70 $17,820,000 $254,571 $2,132 2.61%
    40-60% 143 $32,165,000 $224,930 $2,862 2.59%
    60-80% 245 $130,525,000 $532,755 $3,201 2.91%
    80-100% 105 $62,155,000 $591,952 $3,527 3.10%
    Under 20% 22 $4,130,000 $187,727 $546 3.39%

    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 $16,896
    Lcnb National Bank 1006 Western Avenue Chillicothe, OH 45601 Full Service B&M $23,881
    Lcnb National Bank 101 Clarence F Warner Drive Monroe, OH 45050 Full Service B&M $17,081
    Lcnb National Bank 1050 Reading Road Mason, OH 45040 Full Service B&M $45,108
    Lcnb National Bank 110 West Main Street Eaton, OH 45320 Full Service B&M $117,034
    Lcnb National Bank 1240 N. Bridge Street Chillicothe, OH 45601 Full Service B&M $13,197
    Lcnb National Bank 1243 Rombach Avenue Wilmington, OH 45177 Full Service B&M $32,699
    Lcnb National Bank 1697 North Barron Street Eaton, OH 45320 Full Service B&M $16,732
    Lcnb National Bank 2 N. Broadway St Lebanon, OH 45036 Full Service B&M $227,077
    Lcnb National Bank 200 Campus Ctr Lebanon, OH 45036 Full Service B&M $11,178
    Lcnb National Bank 225 Upper Lewisburg-Salem Road Brookville, OH 45309 Full Service B&M $110,067
    Lcnb National Bank 2705 Far Hills Avenue Dayton, OH 45419 Full Service B&M $25,238
    Lcnb National Bank 30 West Park Place Oxford, OH 45056 Full Service B&M $36,230
    Lcnb National Bank 3209 West Galbraith Road Cincinnati, OH 45239 Full Service B&M $26,485
    Lcnb National Bank 33 West Main Street Chillicothe, OH 45601 Full Service B&M $73,168
    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 $32,300
    Lcnb National Bank 4441 Marie Drive Middletown, OH 45044 Full Service B&M $27,145
    Lcnb National Bank 500 Loveland Madeira Road Loveland, OH 45140 Full Service B&M $36,717
    Lcnb National Bank 522 South Commerce Street Lewisburg, OH 45338 Full Service B&M $36,899
    Lcnb National Bank 525 West Central Avenue Springboro, OH 45066 Full Service B&M $31,396
    Lcnb National Bank 603 Corwin Nixon Blvd South Lebanon, OH 45065 Full Service B&M $58,728
    Lcnb National Bank 6123 East State Route 22 And 3 Roachester, OH 45152 Full Service B&M $42,081
    Lcnb National Bank 6877 N. High Street Worthington, OH 43085 Full Service B&M $113,062
    Lcnb National Bank 730 Columbus Avenue Lebanon, OH 45036 Full Service B&M $93,567
    Lcnb National Bank 765 Nilles Road Fairfield, OH 45014 Full Service B&M $27,722
    Lcnb National Bank 7795 South State Route 48 Maineville, OH 45039 Full Service B&M $49,872
    Lcnb National Bank 794 N.W. Washington Boulevard Hamilton, OH 45013 Full Service B&M $57,505
    Lcnb National Bank 9 North Main Street Waynesville, OH 45068 Full Service B&M $66,259
    Lcnb National Bank 9605 Dayton Lebanon Pike St Rt 48 Centerville, OH 45458 Full Service B&M $25,256
    Lcnb National Bank Dick Flynn Blvd Goshen, OH 45122 Full Service B&M $46,391
    Lcnb National Bank Main And Springfield Streets Frankfort, OH 45628 Full Service B&M $40,748

    For 2021, Lcnb National Bank had 32 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $61,113
    Net interest income $57,093
    Total noninterest income $16,892
    Gross Fiduciary activities income $5,171
    Service charges on deposit accounts $1,567
    Trading account gains and fees $0
    Additional Noninterest Income $10,154
    Pre-tax net operating income $25,861
    Securities gains (or losses, -) $289
    Income before extraordinary items $21,211
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $21,211
    Minority interest net income $0
    Net income $21,211
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $20,976

    Lcnb National Bank's gross interest income from loans was $61,113,000.
    Lcnb National Bank's net interest income from loans was $57,093,000.
    Lcnb National Bank's fee based income from loans was $1,567,000.
    Lcnb National Bank's net income from loans was $21,211,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $4,020
    Provision for credit losses $-269
    Total noninterest expense $48,393
    Salaries and employee benefits $27,367
    Premises and equipment expense $4,814
    Additional noninterest expense $16,212
    Applicable income taxes $4,939
    Net charge-offs $-46
    Cash dividends $15,000

    Lcnb National Bank's interest expense for loans was $4,020,000.
    Lcnb National Bank's payroll and benefits expense were $27,367,000.
    Lcnb National Bank's property, plant and equipment expenses $4,814,000.

    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 $1,629,476
    Deposits held in domestic offices $1,629,476
    Deposits by Individuals, partnerships, and corporations $1,480,719
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $147,464
    Deposits by Commercial banks and other depository institutions in U.S. $1,292
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $236,702
    Demand deposits $189,055
    Nontransaction accounts $1,392,773
    Money market deposit accounts (MMDAs) $68,035
    Other savings deposits (excluding MMDAs) $1,131,406
    Total time deposits $193,332
    Total time and savings deposits $1,440,420
    Noninterest-bearing deposits $506,410
    Interest-bearing deposits $1,123,066
    Retail deposits $1,604,353
    IRAs and Keogh plan accounts $66,718
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,899,918
    Cash & Balances due from depository institutions $15,094
    Interest-bearing balances $0
    Total securities $332,539
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,363,940
    Loan and leases loss allowance $5,506
    Trading account assets $0
    Bank premises and fixed assets $41,742
    Other real estate owned $0
    Goodwill and other intangibles $61,694
    All other assets $84,909

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,899,918
    Total Liabilities $1,665,467
    Total deposits $1,629,476
    Interest-bearing deposits $1,123,066
    Deposits held in domestic offices $1,629,476
    % insured (estimated) $86
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $10,000
    Subordinated debt $0
    All other liabilities $25,991

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,363,940
    Loan and leases loss allowance $5,506
    Total loans and leases (domestic) $1,369,446
    All real estate loans $1,222,784
    Real estate loans in domestic offices $1,222,784
    Construction and development loans $90,361
    Residential 1-4 family construction $8,703
    Other construction, all land development and other land $81,658
    Loans secured by nonfarm nonresidential properties $590,494
    Nonfarm nonresidential secured by owner-occupied properties $202,591
    Commercial real estate & other non-farm, non-residential $387,903
    Multifamily residential real estate $168,024
    1-4 family residential loans $335,106
    Farmland loans $38,799
    Loans held in foreign offices $0
    Farm loans $10,649
    Commercial and industrial loans $101,599
    To non-U.S. addressees $0
    Loans to individuals $34,291
    Credit card loans $0
    Related Plans $80
    Consumer Auto Loans $27,556
    Other loans to individuals $6,655
    All other loans & leases $122
    Loans to foreign governments and official institutions $0
    Other loans $122
    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 $2,622
    Non 1-4 family restructured loans & leases $1,919
    Total loans and leases (foreign) $0

    LCNB National Bank had $1,363,940,000 of loans outstanding in 2021. $1,222,784,000 of loans were in real estate loans. $90,361,000 of loans were in development loans. $168,024,000 of loans were in multifamily mortgage loans. $335,106,000 of loans were in 1-4 family mortgage loans. $10,649,000 of loans were in farm loans. $0 of loans were in credit card loans. $27,556,000 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 466 $135,144 $290,009
    Nonfarm, nonresidential loans - <$100k 46 $2,041 $44,370
    Nonfarm, nonresidential loans - $100-250k 122 $16,494 $135,197
    Nonfarm, nonresidential loans - $250k-1MM 298 $116,609 $391,305
    Commercial & Industrial, US addressed loans - <$1MM 463 $47,198 $101,940
    Commercial & Industrial, US addressed loans - <$100k 304 $8,410 $27,664
    Commercial & Industrial, US addressed loans - $100-250k 72 $7,203 $100,042
    Commercial & Industrial, US addressed loans - $250k-1MM 87 $31,585 $363,046
    Farmland loans - <$1MM 62 $10,709 $172,726
    Farmland loans - <$100k 10 $839 $83,900
    Farmland loans - $100-250k 27 $3,320 $122,963
    Farmland loans - $250k-1MM 25 $6,550 $262,000
    Agriculture operations loans - <$1MM 63 $5,719 $90,778
    Agriculture operations loans - <$100k 32 $728 $22,750
    Agriculture operations loans - $100-250k 16 $1,853 $115,813
    Agriculture operations loans - $250k-1MM 15 $3,138 $209,200