Wisconsin Bank & Trust Mortgage Rates, Fees & Info

Madison, WI

LEI: 5493007RSKYSDHRL7N78

Tax ID: 39-0226090

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    Wisconsin Bank & Trust is a smaller bank specializing in Refi loans. Wisconsin Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Madison, Sheboygan, Milwaukee, Green Bay, and Fond Du Lac among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Wisconsin Bank & Trust has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

    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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    Originations

    147

    Origination Dollar Volume (All Markets)

    $19,815,000

    Employee count

    86

    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
    MADISON, WI (FHA|USDA|VA) 52 $7,260,000 $139,615 $512 2.84%
    SHEBOYGAN, WI (FHA|USDA|VA) 59 $5,465,000 $92,627 $394 3.13%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 7 $1,945,000 $277,857 $552 2.92%
    GREEN BAY, WI (FHA|USDA|VA) 3 $1,325,000 $441,667 $1,020 2.63%
    Outside of Metro Areas 8 $940,000 $117,500 $543 2.89%
    FOND DU LAC, WI (FHA|USDA|VA) 4 $810,000 $202,500 $408 3.85%
    LANCASTER, PA (FHA|USDA|VA) 1 $805,000 $805,000 $6,865 3.00%
    DUBUQUE, IA (FHA|USDA|VA) 3 $295,000 $98,333 $0 4.42%
    Manitowoc, WI (FHA|USDA|VA) 3 $255,000 $85,000 $419 3.17%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $255,000 $255,000 $362 2.50%
    Platteville, WI (FHA|USDA|VA) 2 $200,000 $100,000 $288 3.50%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.75%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 2 $100,000 $50,000 $317 2.95%
    APPLETON, WI (FHA|USDA|VA) 1 $45,000 $45,000 $258 2.50%
    Wisconsin Bank & Trust's top markets include Madison, Sheboygan, Milwaukee, Green Bay, and Fond Du Lac among others.

    Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)

    • Similar Lenders

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

    DMB Community Bank
    Similarity Rank: 400
    Dane County Credit Union
    Similarity Rank: 531
    The Greenwood's State Bank
    Similarity Rank: 625
    Farmers & Merchants State Bank
    Similarity Rank: 784
    Monona Bank
    Similarity Rank: 793
    Hometown Bank
    Similarity Rank: 798
    The Park Bank
    Similarity Rank: 819
    Starion Bank
    Similarity Rank: 900
    State Bank of Cross Plains
    Similarity Rank: 900
    Badger Bank
    Similarity Rank: 913

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 147 $19,815,000 $134,796 $516 3.04%

    For 2021, Wisconsin Bank & Trust's most frequently originated type of loan was Conventional, with 147 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 110 $16,860,000 $153,273 $586 2.96%
    Home Improvement 17 $915,000 $53,824 $271 3.09%
    Other 13 $765,000 $58,846 $251 2.87%
    Home Purchase 7 $1,275,000 $182,143 $0 4.50%

    For 2021, Wisconsin Bank & Trust's most frequently cited loan purpose was Refi, with 110 originations. The 2nd most popular reason was Home Improvement, with 17 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 103 $14,715,000 $142,864 $489 2.80%
    5 Year 22 $2,100,000 $95,455 $293 4.06%
    10 Year 17 $2,735,000 $160,882 $800 2.93%
    Other 3 $75,000 $25,000 $207 4.17%
    20 Year 1 $175,000 $175,000 $1,109 5.25%
    3 Year 1 $15,000 $15,000 $258 2.50%

    For 2021, Wisconsin Bank & Trust's most frequently cited loan duration was 15 Year, with 103 originations. The 2nd most popular length was 5 Year, with 22 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 130 $17,620,000 $135,538

    Wisconsin Bank & Trust's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 130 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 80 $11,340,000 $141,750
    2.5-3% 35 $5,065,000 $144,714
    4-5% 16 $2,030,000 $126,875
    3-4% 11 $905,000 $82,273
    5-6% 4 $440,000 $110,000
    Over 8% 1 $35,000 $35,000

    During 2021, Wisconsin Bank & Trust's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was <2.5%, with 80 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 78 $4,200,000 $53,846 $288 3.14%
    $100k-200k 45 $6,475,000 $143,889 $630 2.95%
    $200k-400k 16 $3,980,000 $248,750 $582 2.90%
    $400k-600k 4 $2,010,000 $502,500 $952 3.16%
    $600k-1MM 4 $3,150,000 $787,500 $2,677 2.63%

    2021 saw Wisconsin Bank & Trust place emphasis on $100,000 or less loans with 78 originations, totaling $4,200,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 36 $3,480,000 $96,667 $452 2.80%
    $100k-150k 28 $3,860,000 $137,857 $497 2.85%
    $50k or less 26 $2,010,000 $77,308 $386 3.35%
    $75k-100k 15 $2,285,000 $152,333 $518 2.81%
    $250k+ 9 $4,475,000 $497,222 $1,500 2.60%
    $150k-250k 5 $335,000 $67,000 $247 2.66%

    Wisconsin Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 36 originations. The second most popular income band? $100k-150k, with 28 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 46 $5,940,000 $129,130 $474 2.68%
    30-36% 24 $3,500,000 $145,833 $694 2.97%
    <20% 23 $1,965,000 $85,435 $363 2.72%
    50-60% 6 $2,180,000 $363,333 $931 2.50%
    41% 4 $360,000 $90,000 $522 2.95%
    37% 4 $540,000 $135,000 $655 3.41%
    38% 4 $300,000 $75,000 $248 2.60%
    40% 3 $215,000 $71,667 $417 3.13%
    36% 3 $435,000 $145,000 $507 2.77%
    42% 2 $280,000 $140,000 $379 2.90%
    43% 2 $530,000 $265,000 $868 2.70%
    46% 1 $465,000 $465,000 $243 2.50%
    39% 1 $255,000 $255,000 $362 2.50%
    >60% 1 $35,000 $35,000 $764 12.50%

    Wisconsin Bank & Trust lent most frequently to those with DTI ratios of 20-30%, with 46 originations. The next most common DTI ratio? 30-36%, with 24 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 86 $9,040,000 $105,116 $421 2.94%
    Not provided 43 $8,295,000 $192,907 $713 2.84%
    Not applicable 12 $1,760,000 $146,667 $0 4.59%
    American Indian 2 $480,000 $240,000 $570 2.70%
    Asian Indian 2 $170,000 $85,000 $408 2.50%
    Asian 2 $70,000 $35,000 $288 3.63%

    Approval Rates

    Total approvals of all applications
    71.07%

    Wisconsin Bank & Trust has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    82.99%

    Wisconsin Bank & Trust has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 147 $19,815,000 $134,796

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    147 $19,815,000 $134,796

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 36 $3,090,000 $85,833 $366 3.07%
    40-60% 47 $7,535,000 $160,319 $653 2.79%
    60-80% 29 $5,655,000 $195,000 $713 3.38%
    80-100% 8 $1,880,000 $235,000 $592 2.99%
    Over 100% 1 $465,000 $465,000 $243 2.50%
    Under 20% 26 $1,190,000 $45,769 $266 3.13%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION Conventional home mortgage Closing on a mortgage 1 16.7%
    WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION Conventional home mortgage Trouble during payment process 3 50.0%
    WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 16.7%
    WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 16.7%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Wisconsin Bank & Trust 10 Keystone Parkway Platteville, WI 53818 Full Service B&M $77,868
    Wisconsin Bank & Trust 1160 Fond Du Lac Avenue Sheboygan Falls, WI 53085 Full Service B&M $42,871
    Wisconsin Bank & Trust 119 Junction Road Madison, WI 53719 Full Service B&M $0
    Wisconsin Bank & Trust 1510 Highway 41 De Pere, WI 54115 Full Service B&M $42,405
    Wisconsin Bank & Trust 1717 10th Street Monroe, WI 53566 Full Service B&M $243,547
    Wisconsin Bank & Trust 2511 Eastern Avenue Plymouth, WI 53073 Full Service B&M $75,259
    Wisconsin Bank & Trust 305 South Madison Street Lancaster, WI 53813 Full Service B&M $28,706
    Wisconsin Bank & Trust 3220 South Business Drive Sheboygan, WI 53081 Full Service B&M $76,279
    Wisconsin Bank & Trust 4210 State Hwy 42 North Sheboygan, WI 53083 Full Service B&M $47,875
    Wisconsin Bank & Trust 5380 North Port Washington Road Glendale, WI 53217 Full Service B&M $132,647
    Wisconsin Bank & Trust 580 North Main Street Cottage Grove, WI 53527 Full Service B&M $71,432
    Wisconsin Bank & Trust 6131 Nesbitt Rd Fitchburg, WI 53719 Full Service B&M $40,848
    Wisconsin Bank & Trust 655 South Taylor Drive Sheboygan, WI 53081 Full Service B&M $99,709
    Wisconsin Bank & Trust 8240 Mineral Point Road Madison, WI 53719 Full Service B&M $113,673

    For 2021, Wisconsin Bank & Trust had 14 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $42,767
    Net interest income $41,860
    Total noninterest income $11,124
    Gross Fiduciary activities income $1,498
    Service charges on deposit accounts $2,116
    Trading account gains and fees $0
    Additional Noninterest Income $7,510
    Pre-tax net operating income $21,963
    Securities gains (or losses, -) $507
    Income before extraordinary items $17,411
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $17,411
    Minority interest net income $0
    Net income $17,411
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $17,010

    Wisconsin Bank & Trust's gross interest income from loans was $42,767,000.
    Wisconsin Bank & Trust's net interest income from loans was $41,860,000.
    Wisconsin Bank & Trust's fee based income from loans was $2,116,000.
    Wisconsin Bank & Trust's net income from loans was $17,411,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $907
    Provision for credit losses $-82
    Total noninterest expense $31,103
    Salaries and employee benefits $7,946
    Premises and equipment expense $2,989
    Additional noninterest expense $20,168
    Applicable income taxes $5,059
    Net charge-offs $648
    Cash dividends $15,200

    Wisconsin Bank & Trust's interest expense for loans was $907,000.
    Wisconsin Bank & Trust's payroll and benefits expense were $7,946,000.
    Wisconsin Bank & Trust's property, plant and equipment expenses $2,989,000.

    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 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 1.0%
    All other family 1.0%
    Commercial & industrial loans 1.0%
    Personal loans 0.0%
    Credit card loans 1.1%
    Other individual loans 0.0%
    Auto loans 2.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,070,161
    Deposits held in domestic offices $1,070,161
    Deposits by Individuals, partnerships, and corporations $1,007,804
    Deposits by U.S. Government $2
    Deposits by States and political subdivisions in the U.S. $62,355
    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 $225,240
    Demand deposits $163,267
    Nontransaction accounts $844,921
    Money market deposit accounts (MMDAs) $604,129
    Other savings deposits (excluding MMDAs) $174,585
    Total time deposits $66,207
    Total time and savings deposits $906,894
    Noninterest-bearing deposits $372,957
    Interest-bearing deposits $697,204
    Retail deposits $1,064,848
    IRAs and Keogh plan accounts $16,816
    Brokered deposits $20,003
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,224,689
    Cash & Balances due from depository institutions $15,813
    Interest-bearing balances $3,108
    Total securities $342,657
    Federal funds sold & reverse repurchase $37,625
    Net loans and leases $733,196
    Loan and leases loss allowance $8,385
    Trading account assets $2,445
    Bank premises and fixed assets $20,991
    Other real estate owned $1,428
    Goodwill and other intangibles $29,424
    All other assets $41,110

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,224,689
    Total Liabilities $1,081,776
    Total deposits $1,070,161
    Interest-bearing deposits $697,204
    Deposits held in domestic offices $1,070,161
    % insured (estimated) $61
    Federal funds purchased and repurchase agreements $3,534
    Trading liabilities $2,445
    Other borrowed funds $259
    Subordinated debt $0
    All other liabilities $5,377

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $733,196
    Loan and leases loss allowance $8,385
    Total loans and leases (domestic) $741,581
    All real estate loans $430,448
    Real estate loans in domestic offices $430,448
    Construction and development loans $19,943
    Residential 1-4 family construction $0
    Other construction, all land development and other land $19,943
    Loans secured by nonfarm nonresidential properties $247,135
    Nonfarm nonresidential secured by owner-occupied properties $147,996
    Commercial real estate & other non-farm, non-residential $99,139
    Multifamily residential real estate $19,327
    1-4 family residential loans $57,642
    Farmland loans $86,401
    Loans held in foreign offices $0
    Farm loans $59,016
    Commercial and industrial loans $228,901
    To non-U.S. addressees $0
    Loans to individuals $10,288
    Credit card loans $1,414
    Related Plans $3,573
    Consumer Auto Loans $1,715
    Other loans to individuals $3,586
    All other loans & leases $12,928
    Loans to foreign governments and official institutions $0
    Other loans $221
    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 $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Wisconsin Bank & Trust had $733,196,000 of loans outstanding in 2021. $430,448,000 of loans were in real estate loans. $19,943,000 of loans were in development loans. $19,327,000 of loans were in multifamily mortgage loans. $57,642,000 of loans were in 1-4 family mortgage loans. $59,016,000 of loans were in farm loans. $1,414,000 of loans were in credit card loans. $1,715,000 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 456 $55,870 $122,522
    Nonfarm, nonresidential loans - <$100k 105 $2,098 $19,981
    Nonfarm, nonresidential loans - $100-250k 148 $9,866 $66,662
    Nonfarm, nonresidential loans - $250k-1MM 203 $43,906 $216,286
    Commercial & Industrial, US addressed loans - <$1MM 914 $47,812 $52,311
    Commercial & Industrial, US addressed loans - <$100k 548 $7,674 $14,004
    Commercial & Industrial, US addressed loans - $100-250k 201 $10,973 $54,592
    Commercial & Industrial, US addressed loans - $250k-1MM 165 $29,165 $176,758
    Farmland loans - <$1MM 174 $24,007 $137,971
    Farmland loans - <$100k 36 $1,136 $31,556
    Farmland loans - $100-250k 74 $8,429 $113,905
    Farmland loans - $250k-1MM 64 $14,442 $225,656
    Agriculture operations loans - <$1MM 288 $19,289 $66,976
    Agriculture operations loans - <$100k 166 $3,292 $19,831
    Agriculture operations loans - $100-250k 69 $5,523 $80,043
    Agriculture operations loans - $250k-1MM 53 $10,474 $197,623