The Stephenson National Bank And Trust Mortgage Rates, Fees & Info

Marinette, WI

LEI: 549300508JOHWSRFDR57

Tax ID: 39-0638020

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
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    • 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

    The Stephenson National Bank And Trust is a smaller bank specializing in Home Purchase, Cash Out Refi, and Refi loans. The Stephenson National Bank And Trust has a high proportion of conventional loans. Their top markets by origination volume include: Marinette, Green Bay, Shawano, Oshkosh, and Appleton among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Stephenson National 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. The Stephenson National 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.

    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 6.77% 11/22/24
    30 Year Conventional Refi 6.70% 11/22/24
    30 Year Cash-out Refi 7.02% 11/22/24
    15 Year Conventional Purchase 6.44% 11/22/24
    15 Year Conventional Refi 6.23% 11/22/24
    15 Year Cash-out Refi 6.23% 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.

    The Stephenson National Bank And Trust Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from The Stephenson National Bank And Trust. 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

    431

    Origination Dollar Volume (All Markets)

    $62,115,000

    Employee count

    115

    Awards

    The Stephenson National Bank and Trust 30 Year Conventional Loans bronze The Stephenson National Bank and Trust 30 Year Conventional Loans gold The Stephenson National Bank and Trust 30 Year Conventional Loans silver
    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
    Marinette, WI-MI (FHA|USDA|VA) 320 $40,080,000 $125,250 $1,763 3.01%
    GREEN BAY, WI (FHA|USDA|VA) 84 $15,580,000 $185,476 $1,723 3.38%
    Shawano, WI (FHA|USDA|VA) 4 $1,210,000 $302,500 $2,060 3.35%
    Outside of Metro Areas 6 $1,140,000 $190,000 $1,525 2.95%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 3 $975,000 $325,000 $1,862 2.42%
    APPLETON, WI (FHA|USDA|VA) 3 $895,000 $298,333 $1,501 3.17%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $545,000 $545,000 $3,925 2.50%
    Marquette, MI (FHA|USDA|VA) 3 $445,000 $148,333 $2,117 3.72%
    Iron Mountain, MI-WI (FHA|USDA|VA) 4 $410,000 $102,500 $2,031 3.65%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $325,000 $325,000 $3,483 3.00%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $265,000 $265,000 $1,479 2.50%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $245,000 $245,000 $3,056 3.00%
    The Stephenson National Bank And Trust's top markets include Marinette, Green Bay, Shawano, Oshkosh, and Appleton among others.

    Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against The Stephenson National Bank and Trust based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    CAPITAL Credit Union
    Similarity Rank: 210
    UNISON CREDIT UNION
    Similarity Rank: 252
    The Stephenson National Bank and Trust
    Similarity Rank: 456
    Fortifi Bank
    Similarity Rank: 540
    VERVE, A CREDIT UNION
    Similarity Rank: 552
    Denmark State Bank
    Similarity Rank: 578
    FOX COMMUNITIES
    Similarity Rank: 588
    Bank of Luxemburg
    Similarity Rank: 627
    Bankers' Bank
    Similarity Rank: 639
    Hometown Bank
    Similarity Rank: 798

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 431 $62,115,000 $144,118 $1,772 3.09%

    For 2021, The Stephenson National Bank And Trust's most frequently originated type of loan was Conventional, with 431 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 165 $22,655,000 $137,303 $2,114 3.34%
    Cash Out Refi 127 $17,095,000 $134,606 $1,616 2.91%
    Refi 121 $20,655,000 $170,702 $1,613 2.95%
    Other 15 $1,465,000 $97,667 $1,143 3.01%
    Home Improvement 3 $245,000 $81,667 $1,551 2.79%

    For 2021, The Stephenson National Bank And Trust's most frequently cited loan purpose was Home Purchase, with 165 originations. The 2nd most popular reason was Cash Out Refi, with 127 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 148 $18,970,000 $128,176 $1,673 2.70%
    30 Year 127 $21,955,000 $172,874 $2,108 3.11%
    Other 57 $5,865,000 $102,895 $1,281 3.02%
    20 Year 45 $6,455,000 $143,444 $1,780 2.92%
    5 Year 35 $6,775,000 $193,571 $0 4.70%
    10 Year 11 $1,395,000 $126,818 $1,444 2.50%
    3 Year 7 $495,000 $70,714 $0 5.05%
    1 Year 1 $205,000 $205,000 $0 4.65%

    For 2021, The Stephenson National Bank And Trust's most frequently cited loan duration was 15 Year, with 148 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 192 $22,520,000 $117,292
    $1k-2k 187 $30,785,000 $164,626
    $2k-3k 1 $145,000 $145,000

    The Stephenson National Bank And Trust's average total fees were $2,108, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 192 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 207 $26,575,000 $128,382
    3-4% 97 $16,535,000 $170,464
    <2.5% 79 $12,685,000 $160,570
    4-5% 38 $5,320,000 $140,000
    5-6% 9 $795,000 $88,333
    6-7% 1 $205,000 $205,000

    During 2021, The Stephenson National Bank And Trust's average interest rate for loans was 3.11%, while their most frequently originated rate bucket for loans was 2.5-3%, with 207 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 178 $11,770,000 $66,124 $1,552 3.16%
    $100k-200k 166 $23,480,000 $141,446 $1,828 3.01%
    $200k-400k 71 $17,985,000 $253,310 $2,148 3.01%
    $400k-600k 14 $6,920,000 $494,286 $1,947 3.31%
    $1MM+ 1 $1,325,000 $1,325,000 $0 3.95%
    $600k-1MM 1 $635,000 $635,000 $518 3.46%

    2021 saw The Stephenson National Bank And Trust place emphasis on $100,000 or less loans with 178 originations, totaling $11,770,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 110 $12,100,000 $110,000 $1,715 3.02%
    $50k or less 75 $7,455,000 $99,400 $1,678 3.03%
    $75k-100k 74 $10,080,000 $136,216 $1,807 2.96%
    $100k-150k 73 $10,545,000 $144,452 $1,747 3.12%
    $150k-250k 45 $9,405,000 $209,000 $2,036 2.95%
    $250k+ 18 $4,920,000 $273,333 $2,034 2.97%

    The Stephenson National Bank And Trust lent most frequently to those with incomes in the $50k-75k range, with 110 originations. The second most popular income band? $50k or less, with 75 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 121 $17,715,000 $146,405 $1,735 2.91%
    <20% 83 $9,685,000 $116,687 $1,704 3.03%
    30-36% 72 $8,690,000 $120,694 $1,854 3.05%
    36% 20 $2,670,000 $133,500 $1,633 3.13%
    41% 15 $2,585,000 $172,333 $1,728 2.92%
    40% 15 $1,915,000 $127,667 $1,672 3.02%
    42% 11 $1,515,000 $137,727 $2,088 3.40%
    37% 11 $1,115,000 $101,364 $1,836 2.88%
    39% 9 $1,075,000 $119,444 $1,918 3.21%
    43% 7 $1,275,000 $182,143 $1,805 2.94%
    38% 7 $1,315,000 $187,857 $2,166 2.82%
    47% 6 $650,000 $108,333 $1,684 2.81%
    45% 6 $1,410,000 $235,000 $2,149 3.11%
    48% 5 $985,000 $197,000 $1,757 2.55%
    44% 5 $755,000 $151,000 $1,888 2.83%
    50-60% 5 $1,185,000 $237,000 $1,667 3.61%
    46% 4 $490,000 $122,500 $1,959 3.09%
    49% 2 $250,000 $125,000 $1,359 2.56%
    >60% 2 $280,000 $140,000 $1,539 3.22%

    The Stephenson National Bank And Trust lent most frequently to those with DTI ratios of 20-30%, with 121 originations. The next most common DTI ratio? <20%, with 83 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 382 $52,210,000 $136,675 $1,761 2.99%
    Not applicable 23 $6,285,000 $273,261 $0 4.59%
    Not provided 21 $3,005,000 $143,095 $1,926 3.22%
    American Indian 4 $530,000 $132,500 $1,934 2.94%
    Asian 1 $85,000 $85,000 $2,275 2.88%

    Approval Rates

    Total approvals of all applications
    95.22%

    The Stephenson National Bank And Trust has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    85.15%

    The Stephenson National Bank And Trust has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 431 $62,115,000 $144,118

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    431 $62,115,000 $144,118

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 43 $3,555,000 $82,674 $1,390 3.03%
    40-60% 76 $10,690,000 $140,658 $1,778 2.78%
    60-80% 158 $24,450,000 $154,747 $1,719 3.17%
    80-100% 147 $22,825,000 $155,272 $1,969 3.17%
    Over 100% 1 $85,000 $85,000 $0 5.00%
    Under 20% 6 $510,000 $85,000 $818 2.93%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    The Stephenson National Bank and Trust 101 Bralick Way Oconto, WI 54153 Full Service B&M $83,068
    The Stephenson National Bank and Trust 1111 10th Street Menominee, MI 49858 Full Service B&M $64,364
    The Stephenson National Bank and Trust 1818-1820 Hall Avenue Marinette, WI 54143 Full Service B&M $280,820
    The Stephenson National Bank and Trust 290 Main Street Wausaukee, WI 54177 Full Service B&M $46,226
    The Stephenson National Bank and Trust 606 Henriette Avenue Crivitz, WI 54114 Full Service B&M $54,258
    The Stephenson National Bank and Trust U.S. Highway 141 Pembine, WI 54156 Full Service B&M $17,415

    For 2021, The Stephenson National Bank And Trust had 6 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $23,540
    Net interest income $22,103
    Total noninterest income $9,489
    Gross Fiduciary activities income $5,417
    Service charges on deposit accounts $663
    Trading account gains and fees $0
    Additional Noninterest Income $3,409
    Pre-tax net operating income $11,473
    Securities gains (or losses, -) $-429
    Income before extraordinary items $10,062
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $10,062
    Minority interest net income $0
    Net income $10,062
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $10,452

    The Stephenson National Bank And Trust's gross interest income from loans was $23,540,000.
    The Stephenson National Bank And Trust's net interest income from loans was $22,103,000.
    The Stephenson National Bank And Trust's fee based income from loans was $663,000.
    The Stephenson National Bank And Trust's net income from loans was $10,062,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,437
    Provision for credit losses $1,100
    Total noninterest expense $19,019
    Salaries and employee benefits $10,924
    Premises and equipment expense $2,796
    Additional noninterest expense $5,299
    Applicable income taxes $982
    Net charge-offs $320
    Cash dividends $7,448

    The Stephenson National Bank And Trust's interest expense for loans was $1,437,000.
    The Stephenson National Bank And Trust's payroll and benefits expense were $10,924,000.
    The Stephenson National Bank And Trust's property, plant and equipment expenses $2,796,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 1.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 1.0%
    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 $552,231
    Deposits held in domestic offices $552,231
    Deposits by Individuals, partnerships, and corporations $485,963
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $66,268
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $246,912
    Demand deposits $242,489
    Nontransaction accounts $305,319
    Money market deposit accounts (MMDAs) $73,996
    Other savings deposits (excluding MMDAs) $143,641
    Total time deposits $87,682
    Total time and savings deposits $309,742
    Noninterest-bearing deposits $108,268
    Interest-bearing deposits $443,963
    Retail deposits $537,131
    IRAs and Keogh plan accounts $23,415
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $674,837
    Cash & Balances due from depository institutions $14,032
    Interest-bearing balances $4,941
    Total securities $209,863
    Federal funds sold & reverse repurchase $0
    Net loans and leases $420,584
    Loan and leases loss allowance $7,548
    Trading account assets $0
    Bank premises and fixed assets $8,480
    Other real estate owned $101
    Goodwill and other intangibles $2,549
    All other assets $19,228

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $674,837
    Total Liabilities $614,484
    Total deposits $552,231
    Interest-bearing deposits $443,963
    Deposits held in domestic offices $552,231
    % insured (estimated) $74
    Federal funds purchased and repurchase agreements $24,193
    Trading liabilities $0
    Other borrowed funds $32,718
    Subordinated debt $0
    All other liabilities $5,342

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $420,584
    Loan and leases loss allowance $7,548
    Total loans and leases (domestic) $428,132
    All real estate loans $305,790
    Real estate loans in domestic offices $305,790
    Construction and development loans $35,698
    Residential 1-4 family construction $4,138
    Other construction, all land development and other land $31,560
    Loans secured by nonfarm nonresidential properties $155,811
    Nonfarm nonresidential secured by owner-occupied properties $121,288
    Commercial real estate & other non-farm, non-residential $34,523
    Multifamily residential real estate $8,084
    1-4 family residential loans $105,523
    Farmland loans $674
    Loans held in foreign offices $0
    Farm loans $17
    Commercial and industrial loans $84,171
    To non-U.S. addressees $0
    Loans to individuals $36,858
    Credit card loans $186
    Related Plans $17,394
    Consumer Auto Loans $15,696
    Other loans to individuals $3,582
    All other loans & leases $1,296
    Loans to foreign governments and official institutions $0
    Other loans $198
    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 $1,005
    Non 1-4 family restructured loans & leases $918
    Total loans and leases (foreign) $0

    The Stephenson National Bank and Trust had $420,584,000 of loans outstanding in 2021. $305,790,000 of loans were in real estate loans. $35,698,000 of loans were in development loans. $8,084,000 of loans were in multifamily mortgage loans. $105,523,000 of loans were in 1-4 family mortgage loans. $17,000 of loans were in farm loans. $186,000 of loans were in credit card loans. $15,696,000 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 360 $69,678 $193,550
    Nonfarm, nonresidential loans - <$100k 105 $4,293 $40,886
    Nonfarm, nonresidential loans - $100-250k 128 $15,139 $118,273
    Nonfarm, nonresidential loans - $250k-1MM 127 $50,246 $395,638
    Commercial & Industrial, US addressed loans - <$1MM 458 $44,375 $96,889
    Commercial & Industrial, US addressed loans - <$100k 304 $8,463 $27,839
    Commercial & Industrial, US addressed loans - $100-250k 76 $8,337 $109,697
    Commercial & Industrial, US addressed loans - $250k-1MM 78 $27,575 $353,526
    Farmland loans - <$1MM 6 $673 $112,167
    Farmland loans - <$100k 3 $52 $17,333
    Farmland loans - $100-250k 2 $300 $150,000
    Farmland loans - $250k-1MM 1 $321 $321,000
    Agriculture operations loans - <$1MM 1 $17 $17,000
    Agriculture operations loans - <$100k 1 $17 $17,000