Wilson Bank And Trust Mortgage Rates, Fees & Info
Lebanon, TNLEI: 254900PVWALA7JTBXA31
Tax ID: 63-1310217
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Bank Data
Review & Overview
Wilson Bank And Trust is a smaller bank specializing in Home Purchase and Refi loans. Wilson Bank And Trust 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.) They have a low ratio of USDA loans. Their top markets by origination volume include: Nashville, Cookeville, Knoxville, Shelbyville, and Sevierville among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)Wilson Bank And Trust has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Wilson Bank And Trust 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 |
---|---|---|
Home Equity Line of Credit (HELOC) | 6.27% | 11/22/24 |
30 Year Conventional Purchase | 6.67% | 11/22/24 |
30 Year Conventional Refi | 6.60% | 11/22/24 |
30 Year Cash-out Refi | 6.91% | 11/22/24 |
30 Year FHA Purchase | 7.30% | 11/22/24 |
30 Year FHA Refi | 7.18% | 11/22/24 |
30 Year VA Purchase | 6.56% | 11/22/24 |
30 Year VA Refi | 6.07% | 11/22/24 |
30 Year USDA Purchase | 6.77% | 11/22/24 |
15 Year Conventional Purchase | 6.61% | 11/22/24 |
15 Year Conventional Refi | 6.51% | 11/22/24 |
15 Year Cash-out Refi | 6.51% | 11/22/24 |
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. |
Wilson Bank And Trust Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
2,310Origination Dollar Volume (All Markets)
$586,990,000Employee count
538 Show all (10) awardsWilson Bank And Trust - 2020
Wilson Bank And Trust is a 2020 , 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 |
---|---|---|---|---|---|
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1,863 | $496,025,000 | $266,251 | $3,245 | 3.79% |
Cookeville, TN (FHA|USDA|VA) | 203 | $37,385,000 | $184,163 | $2,804 | 3.55% |
Outside of Metro Areas | 164 | $24,940,000 | $152,073 | $2,406 | 3.95% |
KNOXVILLE, TN (FHA|USDA|VA) | 11 | $9,515,000 | $865,000 | $6,132 | 4.25% |
Shelbyville, TN (FHA|USDA|VA) | 21 | $5,995,000 | $285,476 | $4,073 | 3.59% |
Sevierville, TN (FHA|USDA|VA) | 5 | $3,575,000 | $715,000 | $1,978 | 4.00% |
Crossville, TN (FHA|USDA|VA) | 8 | $2,840,000 | $355,000 | $3,054 | 3.15% |
Tullahoma-Manchester, TN (FHA|USDA|VA) | 11 | $2,195,000 | $199,545 | $3,383 | 3.87% |
CLARKSVILLE, TN-KY (FHA|USDA|VA) | 5 | $1,835,000 | $367,000 | $5,989 | 3.51% |
Lewisburg, TN (FHA|USDA|VA) | 6 | $1,000,000 | $166,667 | $3,413 | 3.52% |
McMinnville, TN (FHA|USDA|VA) | 8 | $700,000 | $87,500 | $1,773 | 3.74% |
CHATTANOOGA, TN-GA (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $4,799 | 4.12% |
CLEVELAND, TN (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $6,603 | 4.95% |
Lawrenceburg, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $425 | 3.50% |
MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 4.13% |
Similar Lenders
We use machine learning to identify the top lenders compared against Wilson Bank And Trust 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
For 2020, Wilson Bank And Trust's most frequently originated type of loan was Conventional, with 1,577 originations. Their 2nd most popular type was HELOC, with 617 originations.
Loan Reason
For 2020, Wilson Bank And Trust's most frequently cited loan purpose was Home Purchase, with 999 originations. The 2nd most popular reason was Refi, with 741 originations.
Loan Duration/Length
For 2020, Wilson Bank And Trust's most frequently cited loan duration was 30 Year, with 998 originations. The 2nd most popular length was 10 Year, with 622 originations.
Origination Fees/Closing Costs
Wilson Bank And Trust's average total fees were $3,150, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 640 originations.
Interest Rates
During 2020, Wilson Bank And Trust's average interest rate for loans was 3.39%, while their most frequently originated rate bucket for loans was 3-4%, with 1,204 originations.
Loan Sizing
2020 saw Wilson Bank And Trust place emphasis on $200k-400k loans with 821 originations, totaling $229,525,000 in origination value.
Applicant Income
Wilson Bank And Trust lent most frequently to those with incomes in the $100k-150k range, with 480 originations. The second most popular income band? $50k-75k, with 458 originations.
Applicant Debt to Income Ratio
Wilson Bank And Trust lent most frequently to those with DTI ratios of 20-30%, with 609 originations. The next most common DTI ratio? <20%, with 454 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.69%
Wilson Bank And Trust has an average approval rate.
Pick Rate
Approvals leading to origination77.71%
Wilson Bank And Trust has a below average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
NA | 2,310 | $586,990,000 | $254,108 |
Occupancy Type Mix
LTV Distribution
Complaints
Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
---|---|---|---|---|
WILSON & ASSOCIATES, PLLC | Conventional home mortgage | Trouble during payment process | 1 | 100.0% |
Bank Details
Branches
Bank Name | Branch | Branch Type | Deposits (000's) |
---|---|---|---|
Wilson Bank and Trust | 101 Public Square Watertown, TN 37184 | Full Service B&M | $60,706 |
Wilson Bank and Trust | 1130 Castle Heights Ave. N. Lebanon, TN 37087 | Full Service B&M | $52,905 |
Wilson Bank and Trust | 11835 Lebanon Road Mount Juliet, TN 37122 | Full Service B&M | $59,232 |
Wilson Bank and Trust | 127 Mcmurry Boulevard Hartsville, TN 37074 | Full Service B&M | $90,008 |
Wilson Bank and Trust | 1300 Main Street North Carthage, TN 37030 | Full Service B&M | $87,936 |
Wilson Bank and Trust | 1444 Baddour Parkway Lebanon, TN 37087 | Full Service B&M | $70,283 |
Wilson Bank and Trust | 1476 North Mt. Juliet Road Mount Juliet, TN 37122 | Full Service B&M | $282,603 |
Wilson Bank and Trust | 175 East Main Street Hendersonville, TN 37077 | Full Service B&M | $66,056 |
Wilson Bank and Trust | 200 Tennessee Boulevard Lebanon, TN 37087 | Full Service B&M | $73,814 |
Wilson Bank and Trust | 204 Jackson Meadow Drive Hermitage, TN 37076 | Full Service B&M | $189,501 |
Wilson Bank and Trust | 210 South Commerce Drive Smyrna, TN 37167 | Full Service B&M | $45,210 |
Wilson Bank and Trust | 217 Donelson Pike Nashville, TN 37214 | Full Service B&M | $74,120 |
Wilson Bank and Trust | 2640 South Church Street Murfreesboro, TN 37128 | Full Service B&M | $73,869 |
Wilson Bank and Trust | 2930 West End Avenue Nashville, TN 37203 | Full Service B&M | $43,571 |
Wilson Bank and Trust | 306 Brush Creek Road Alexandria, TN 37012 | Full Service B&M | $29,063 |
Wilson Bank and Trust | 3110 Memorial Boulevard Murfreesboro, TN 37130 | Full Service B&M | $116,162 |
Wilson Bank and Trust | 320 South Jefferson Avenue Cookeville, TN 38501 | Full Service B&M | $118,216 |
Wilson Bank and Trust | 4195 Franklin Road Murfreesboro, TN 37128 | Full Service B&M | $27,774 |
Wilson Bank and Trust | 440 Highway 109n Lebanon, TN 37090 | Full Service B&M | $52,274 |
Wilson Bank and Trust | 455 West Main Street Gallatin, TN 37066 | Full Service B&M | $72,837 |
Wilson Bank and Trust | 576 West Broad Street Smithville, TN 37166 | Full Service B&M | $132,045 |
Wilson Bank and Trust | 615 South Cumberland Lebanon, TN 37087 | Full Service B&M | $26,617 |
Wilson Bank and Trust | 623 West Main Street Lebanon, TN 37087 | Full Service B&M | $593,292 |
Wilson Bank and Trust | 7 New Middleton Highway Gordonsville, TN 38563 | Full Service B&M | $44,836 |
Wilson Bank and Trust | 709 S Mt Juliet Rd Mount Juliet, TN 37122 | Full Service Retail | $64,031 |
Wilson Bank and Trust | 710 North West Broad Street Murfreesboro, TN 37129 | Full Service B&M | $82,883 |
Wilson Bank and Trust | 8875 Stewarts Ferry Pike Mount Juliet, TN 37122 | Full Service B&M | $91,270 |
Wilson Bank and Trust | 9200 Carothers Parkway Franklin, TN 37067 | Full Service B&M | $31,785 |
For 2020, Wilson Bank And Trust had 28 branches.
Yearly Performance Overview
Bank Income
Item | Value (in 000's) |
---|---|
Total interest income | $121,782 |
Net interest income | $104,399 |
Total noninterest income | $33,383 |
Gross Fiduciary activities income | $0 |
Service charges on deposit accounts | $5,662 |
Trading account gains and fees | $0 |
Additional Noninterest Income | $27,721 |
Pre-tax net operating income | $48,766 |
Securities gains (or losses, -) | $882 |
Income before extraordinary items | $39,559 |
Discontinued Operations (Extraordinary gains, net) | $0 |
Net income of bank and minority interests | $39,559 |
Minority interest net income | $0 |
Net income | $39,559 |
Sale, conversion, retirement of capital stock, net | $0 |
Net operating income | $38,853 |
Wilson Bank And Trust's gross interest income from loans was $121,782,000.
Wilson Bank And Trust's net interest income from loans was $104,399,000.
Wilson Bank And Trust's fee based income from loans was $5,662,000.
Wilson Bank And Trust's net income from loans was $39,559,000.
Bank Expenses
Item | Value (in 000's) |
---|---|
Total interest expense | $17,383 |
Provision for credit losses | $9,696 |
Total noninterest expense | $79,320 |
Salaries and employee benefits | $46,390 |
Premises and equipment expense | $11,144 |
Additional noninterest expense | $21,786 |
Applicable income taxes | $10,089 |
Net charge-offs | $-117 |
Cash dividends | $5,000 |
Wilson Bank And Trust's interest expense for loans was $17,383,000.
Wilson Bank And Trust's payroll and benefits expense were $46,390,000.
Wilson Bank And Trust's property, plant and equipment expenses $11,144,000.
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 | 0.1% |
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 | $2,960,198 |
Deposits held in domestic offices | $2,960,198 |
Deposits by Individuals, partnerships, and corporations | $2,679,467 |
Deposits by U.S. Government | $0 |
Deposits by States and political subdivisions in the U.S. | $280,626 |
Deposits by Commercial banks and other depository institutions in U.S. | $105 |
Deposits by Banks in foreign countries | $0 |
Deposits by Foreign governments and official institutions | $0 |
Transaction accounts | $233,459 |
Demand deposits | $87,885 |
Nontransaction accounts | $2,726,739 |
Money market deposit accounts (MMDAs) | $986,546 |
Other savings deposits (excluding MMDAs) | $1,125,177 |
Total time deposits | $615,016 |
Total time and savings deposits | $2,872,313 |
Noninterest-bearing deposits | $390,965 |
Interest-bearing deposits | $2,569,233 |
Retail deposits | $2,833,397 |
IRAs and Keogh plan accounts | $73,352 |
Brokered deposits | $0 |
Deposits held in foreign offices | $0 |
Assets
Asset | Value (in 000's) |
---|---|
Total Assets | $3,355,389 |
Cash & Balances due from depository institutions | $324,364 |
Interest-bearing balances | $288,569 |
Total securities | $580,543 |
Federal funds sold & reverse repurchase | $675 |
Net loans and leases | $2,302,239 |
Loan and leases loss allowance | $38,539 |
Trading account assets | $0 |
Bank premises and fixed assets | $61,651 |
Other real estate owned | $0 |
Goodwill and other intangibles | $4,806 |
All other assets | $81,111 |
Liabilities
Liabilities | Value (in 000's) |
---|---|
Total liabilities and capital | $3,355,389 |
Total Liabilities | $2,978,442 |
Total deposits | $2,960,198 |
Interest-bearing deposits | $2,569,233 |
Deposits held in domestic offices | $2,960,198 |
% insured (estimated) | $73 |
Federal funds purchased and repurchase agreements | $0 |
Trading liabilities | $0 |
Other borrowed funds | $7,585 |
Subordinated debt | $0 |
All other liabilities | $10,659 |
Issued Loan Types
Type | Value (in 000's) |
---|---|
Net loans and leases | $2,302,239 |
Loan and leases loss allowance | $38,539 |
Total loans and leases (domestic) | $2,340,778 |
All real estate loans | $2,096,256 |
Real estate loans in domestic offices | $2,096,256 |
Construction and development loans | $488,626 |
Residential 1-4 family construction | $152,471 |
Other construction, all land development and other land | $336,155 |
Loans secured by nonfarm nonresidential properties | $837,766 |
Nonfarm nonresidential secured by owner-occupied properties | $339,617 |
Commercial real estate & other non-farm, non-residential | $498,149 |
Multifamily residential real estate | $111,646 |
1-4 family residential loans | $642,789 |
Farmland loans | $15,429 |
Loans held in foreign offices | $0 |
Farm loans | $1,206 |
Commercial and industrial loans | $173,688 |
To non-U.S. addressees | $0 |
Loans to individuals | $41,407 |
Credit card loans | $3,447 |
Related Plans | $255 |
Consumer Auto Loans | $12,797 |
Other loans to individuals | $24,908 |
All other loans & leases | $37,515 |
Loans to foreign governments and official institutions | $0 |
Other loans | $28,231 |
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 | $111 |
Non 1-4 family restructured loans & leases | $111 |
Total loans and leases (foreign) | $0 |
Wilson Bank And Trust had $2,302,239,000 of loans outstanding in 2020. $2,096,256,000 of loans were in real estate loans. $488,626,000 of loans were in development loans. $111,646,000 of loans were in multifamily mortgage loans. $642,789,000 of loans were in 1-4 family mortgage loans. $1,206,000 of loans were in farm loans. $3,447,000 of loans were in credit card loans. $12,797,000 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 | 690 | $184,202 | $266,959 |
Nonfarm, nonresidential loans - <$100k | 87 | $3,511 | $40,356 |
Nonfarm, nonresidential loans - $100-250k | 202 | $24,914 | $123,337 |
Nonfarm, nonresidential loans - $250k-1MM | 401 | $155,777 | $388,471 |
Commercial & Industrial, US addressed loans - <$1MM | 1,820 | $101,734 | $55,898 |
Commercial & Industrial, US addressed loans - <$100k | 1,503 | $34,994 | $23,283 |
Commercial & Industrial, US addressed loans - $100-250k | 184 | $21,906 | $119,054 |
Commercial & Industrial, US addressed loans - $250k-1MM | 133 | $44,834 | $337,098 |
Farmland loans - <$1MM | 150 | $9,395 | $62,633 |
Farmland loans - <$100k | 95 | $2,688 | $28,295 |
Farmland loans - $100-250k | 47 | $4,886 | $103,957 |
Farmland loans - $250k-1MM | 8 | $1,821 | $227,625 |
Agriculture operations loans - <$1MM | 83 | $1,206 | $14,530 |
Agriculture operations loans - <$100k | 81 | $1,050 | $12,963 |
Agriculture operations loans - $100-250k | 2 | $156 | $78,000 |