Wisconsin Bank & Trust Mortgage Rates, Fees & Info

Madison, WI

LEI: 5493007RSKYSDHRL7N78

Tax ID: 39-0226090

Latest/2022 | 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
  • 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 and Home Purchase loans. Wisconsin Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Milwaukee, Madison, Sheboygan, Green Bay, and Platteville among others. We have data for 15 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. Wisconsin Bank & 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.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.47% 3/24/24
    15 Year Conventional Purchase 6.24% 3/24/24
    15 Year Conventional Refi 5.85% 3/24/24
    15 Year Cash-out Refi 5.85% 3/24/24
    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.

    Wisconsin Bank & Trust Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Wisconsin Bank & 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

    150

    Origination Dollar Volume (All Markets)

    $57,120,000

    Employee count

    140

    Awards

    Wisconsin Bank & Trust 30 Year Conventional Loans silver Wisconsin Bank & Trust 30 Year Conventional Loans silver
    Show all (2) 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
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 15 $23,895,000 $1,593,000 $2,607 6.12%
    MADISON, WI (FHA|USDA|VA) 45 $23,845,000 $529,889 $3,146 4.91%
    SHEBOYGAN, WI (FHA|USDA|VA) 64 $5,900,000 $92,188 $749 5.97%
    GREEN BAY, WI (FHA|USDA|VA) 4 $880,000 $220,000 $3,202 4.77%
    Outside of Metro Areas 6 $530,000 $88,333 $1,454 6.36%
    Platteville, WI (FHA|USDA|VA) 4 $420,000 $105,000 $1,446 5.03%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $360,000 $180,000 $7,911 6.69%
    DUBUQUE, IA (FHA|USDA|VA) 2 $300,000 $150,000 $2,677 5.13%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $265,000 $265,000 $2,068 4.50%
    Shawano, WI (FHA|USDA|VA) 1 $235,000 $235,000 $4,532 5.00%
    Baraboo, WI (FHA|USDA|VA) 1 $165,000 $165,000 $3,673 4.38%
    APPLETON, WI (FHA|USDA|VA) 2 $140,000 $70,000 $625 5.50%
    Elizabeth City, NC (FHA|USDA|VA) 1 $115,000 $115,000 $0 7.00%
    FOND DU LAC, WI (FHA|USDA|VA) 1 $55,000 $55,000 $0 6.00%
    Manitowoc, WI (FHA|USDA|VA) 1 $15,000 $15,000 $263 7.50%
    Wisconsin Bank & Trust's top markets include Milwaukee, Madison, Sheboygan, Green Bay, and Platteville among others.

    Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)
  • North Carolina (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.

    HERITAGE CREDIT UNION
    Similarity Rank: 78
    United Community Bank
    Similarity Rank: 147
    Landmark Credit Union
    Similarity Rank: 192
    State Bank of Cross Plains
    Similarity Rank: 207
    Mound City Bank
    Similarity Rank: 280
    Farmers and Merchants Union Bank
    Similarity Rank: 288
    The First National Bank and Trust Company
    Similarity Rank: 289
    Heartland Credit Union (Madison)
    Similarity Rank: 403
    Oregon Community Bank
    Similarity Rank: 407
    Summit Credit Union
    Similarity Rank: 555

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 150 $57,120,000 $380,800 $2,033 5.61%

    For 2018, Wisconsin Bank & Trust's most frequently originated type of loan was Conventional, with 150 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 72 $19,470,000 $270,417 $503 5.88%
    Home Purchase 54 $34,660,000 $641,852 $3,851 5.16%
    Other 11 $595,000 $54,091 $459 5.75%
    Cash Out Refi 7 $2,185,000 $312,143 $4,951 4.32%
    Home Improvement 6 $210,000 $35,000 $385 7.59%

    For 2018, Wisconsin Bank & Trust's most frequently cited loan purpose was Refi, with 72 originations. The 2nd most popular reason was Home Purchase, with 54 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 41 $12,965,000 $316,220 $4,383 4.40%
    15 Year 35 $4,245,000 $121,286 $855 4.99%
    5 Year 29 $4,095,000 $141,207 $426 7.11%
    Other 17 $34,035,000 $2,002,059 $272 5.70%
    10 Year 11 $355,000 $32,273 $263 5.92%
    3 Year 8 $700,000 $87,500 $0 6.31%
    20 Year 7 $555,000 $79,286 $629 7.74%
    1 Year 2 $170,000 $85,000 $960 6.50%

    For 2018, Wisconsin Bank & Trust's most frequently cited loan duration was 30 Year, with 41 originations. The 2nd most popular length was 15 Year, with 35 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 75 $9,985,000 $133,133
    $1k-2k 8 $1,800,000 $225,000
    $2k-3k 8 $1,720,000 $215,000
    $3k-4k 7 $1,785,000 $255,000
    $5k+ 4 $2,140,000 $535,000
    $4k-5k 3 $955,000 $318,333

    Wisconsin Bank & Trust's average total fees were $4,383, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 75 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 58 $44,470,000 $766,724
    5-6% 26 $2,810,000 $108,077
    3-4% 22 $7,190,000 $326,818
    6-7% 17 $1,225,000 $72,059
    Over 8% 16 $580,000 $36,250
    7-8% 11 $845,000 $76,818

    During 2018, Wisconsin Bank & Trust's average interest rate for loans was 4.40%, while their most frequently originated rate bucket for loans was 4-5%, with 58 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 71 $3,185,000 $44,859 $338 6.53%
    $100k-200k 35 $4,945,000 $141,286 $1,736 4.86%
    $200k-400k 27 $7,135,000 $264,259 $4,022 4.89%
    $400k-600k 9 $4,055,000 $450,556 $5,677 4.50%
    $1MM+ 6 $36,320,000 $6,053,333 $4,458 4.38%
    $600k-1MM 2 $1,480,000 $740,000 $6,236 4.19%

    2018 saw Wisconsin Bank & Trust place emphasis on $100,000 or less loans with 71 originations, totaling $3,185,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 32 $3,200,000 $100,000 $1,123 5.29%
    $50k or less 21 $2,035,000 $96,905 $1,525 6.06%
    $75k-100k 17 $3,115,000 $183,235 $2,227 4.94%
    $100k-150k 16 $1,800,000 $112,500 $1,417 5.82%
    $250k+ 15 $5,755,000 $383,667 $3,840 4.41%
    $150k-250k 11 $2,865,000 $260,455 $4,068 4.55%

    Wisconsin Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 32 originations. The second most popular income band? $50k or less, with 21 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 29 $4,745,000 $163,621 $1,983 5.29%
    30-36% 17 $2,855,000 $167,941 $2,585 5.33%
    <20% 10 $1,290,000 $129,000 $1,496 4.39%
    >60% 9 $1,485,000 $165,000 $1,996 6.19%
    50-60% 9 $1,155,000 $128,333 $2,922 5.82%
    40% 6 $600,000 $100,000 $1,159 5.24%
    42% 5 $805,000 $161,000 $1,888 4.38%
    45% 4 $510,000 $127,500 $2,190 4.53%
    36% 4 $370,000 $92,500 $1,138 5.94%
    41% 4 $590,000 $147,500 $1,863 5.65%
    39% 3 $765,000 $255,000 $1,887 5.00%
    37% 2 $350,000 $175,000 $775 4.75%
    43% 2 $450,000 $225,000 $3,988 5.17%
    49% 2 $1,730,000 $865,000 $3,463 3.88%
    38% 2 $120,000 $60,000 $244 4.57%
    46% 1 $25,000 $25,000 $0 11.25%

    Wisconsin Bank & Trust lent most frequently to those with DTI ratios of 20-30%, with 29 originations. The next most common DTI ratio? 30-36%, with 17 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 23 $37,365,000 $1,624,565 $0 6.13%
    White 102 $15,380,000 $150,784 $2,051 5.55%
    Not provided 20 $3,560,000 $178,000 $2,218 5.51%
    Asian 2 $580,000 $290,000 $1,333 4.82%
    Black 2 $190,000 $95,000 $0 4.81%
    Native Hawaiian 1 $45,000 $45,000 $600 4.50%

    Approval Rates

    Total approvals of all applications
    81.50%

    Wisconsin Bank & Trust has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    76.67%

    Wisconsin Bank & Trust has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 150 $57,120,000 $380,800

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 10 $35,880,000 $3,588,000
    Single Family (1-4 Units):Manufactured 1 $115,000 $115,000
    Single Family (1-4 Units):Site-Built 139 $21,125,000 $151,978

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 17 $1,125,000 $66,176 $480 6.28%
    40-60% 23 $4,405,000 $191,522 $1,261 5.85%
    60-80% 46 $39,240,000 $853,043 $2,819 5.23%
    80-100% 32 $10,790,000 $337,188 $3,530 4.41%
    Under 20% 29 $1,335,000 $46,034 $341 6.79%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION Conventional home mortgage Closing on a mortgage 1 14.3%
    WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION Conventional home mortgage Struggling to pay mortgage 1 14.3%
    WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION Conventional home mortgage Trouble during payment process 1 14.3%
    WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION FHA mortgage Struggling to pay mortgage 1 14.3%
    WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION Other type of mortgage Closing on a mortgage 3 42.9%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Wisconsin Bank & Trust 10 Keystone Parkway Platteville, WI 53818 Full Service B&M $61,774
    Wisconsin Bank & Trust 1160 Fond Du Lac Avenue Sheboygan Falls, WI 53085 Full Service B&M $30,268
    Wisconsin Bank & Trust 119 Junction Road Madison, WI 53719 Full Service B&M $0
    Wisconsin Bank & Trust 1265 East Chestnut Street Chilton, WI 53014 Full Service B&M $17,290
    Wisconsin Bank & Trust 1510 Highway 41 De Pere, WI 54115 Full Service B&M $33,094
    Wisconsin Bank & Trust 1717 10th Street Monroe, WI 53566 Full Service B&M $165,159
    Wisconsin Bank & Trust 2511 Eastern Avenue Plymouth, WI 53073 Full Service B&M $57,862
    Wisconsin Bank & Trust 274 Osthoff Avenue Elkhart Lake, WI 53020 Full Service B&M $26,737
    Wisconsin Bank & Trust 305 South Madison Street Lancaster, WI 53813 Full Service B&M $34,968
    Wisconsin Bank & Trust 3220 South Business Drive Sheboygan, WI 53081 Full Service B&M $44,689
    Wisconsin Bank & Trust 4131 West Loomis Road Greenfield, WI 53220 Full Service B&M $27,731
    Wisconsin Bank & Trust 4210 State Hwy 42 North Sheboygan, WI 53083 Full Service B&M $31,091
    Wisconsin Bank & Trust 5380 North Port Washington Road Glendale, WI 53217 Full Service B&M $45,614
    Wisconsin Bank & Trust 580 North Main Street Cottage Grove, WI 53527 Full Service B&M $55,516
    Wisconsin Bank & Trust 604 North 8th Street Sheboygan, WI 53081 Full Service B&M $65,428
    Wisconsin Bank & Trust 6180 Verona Road Fitchburg, WI 53719 Full Service B&M $35,219
    Wisconsin Bank & Trust 655 South Taylor Drive Sheboygan, WI 53081 Full Service B&M $41,185
    Wisconsin Bank & Trust 8240 Mineral Point Road Madison, WI 53719 Full Service B&M $100,410

    For 2018, Wisconsin Bank & Trust had 18 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $43,460
    Net interest income $39,084
    Total noninterest income $12,554
    Gross Fiduciary activities income $1,723
    Service charges on deposit accounts $2,323
    Trading account gains and fees $0
    Additional Noninterest Income $8,508
    Pre-tax net operating income $15,396
    Securities gains (or losses, -) $107
    Income before extraordinary items $12,051
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $12,051
    Minority interest net income $0
    Net income $12,051
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $11,966

    Wisconsin Bank & Trust's gross interest income from loans was $43,460,000.
    Wisconsin Bank & Trust's net interest income from loans was $39,084,000.
    Wisconsin Bank & Trust's fee based income from loans was $2,323,000.
    Wisconsin Bank & Trust's net income from loans was $12,051,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $4,376
    Provision for credit losses $718
    Total noninterest expense $35,524
    Salaries and employee benefits $12,298
    Premises and equipment expense $3,795
    Additional noninterest expense $19,431
    Applicable income taxes $3,452
    Net charge-offs $372
    Cash dividends $10,500

    Wisconsin Bank & Trust's interest expense for loans was $4,376,000.
    Wisconsin Bank & Trust's payroll and benefits expense were $12,298,000.
    Wisconsin Bank & Trust's property, plant and equipment expenses $3,795,000.

    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 2.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.8%
    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 $927,821
    Deposits held in domestic offices $927,821
    Deposits by Individuals, partnerships, and corporations $865,414
    Deposits by U.S. Government $8
    Deposits by States and political subdivisions in the U.S. $62,399
    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 $130,013
    Demand deposits $81,255
    Nontransaction accounts $797,808
    Money market deposit accounts (MMDAs) $533,657
    Other savings deposits (excluding MMDAs) $123,658
    Total time deposits $140,493
    Total time and savings deposits $846,566
    Noninterest-bearing deposits $296,220
    Interest-bearing deposits $631,601
    Retail deposits $905,261
    IRAs and Keogh plan accounts $25,318
    Brokered deposits $10,428
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,114,419
    Cash & Balances due from depository institutions $38,500
    Interest-bearing balances $5,230
    Total securities $210,015
    Federal funds sold & reverse repurchase $32,100
    Net loans and leases $735,789
    Loan and leases loss allowance $7,109
    Trading account assets $759
    Bank premises and fixed assets $25,593
    Other real estate owned $210
    Goodwill and other intangibles $32,551
    All other assets $38,902

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,114,419
    Total Liabilities $979,374
    Total deposits $927,821
    Interest-bearing deposits $631,601
    Deposits held in domestic offices $927,821
    % insured (estimated) $73
    Federal funds purchased and repurchase agreements $16,103
    Trading liabilities $759
    Other borrowed funds $26,100
    Subordinated debt $0
    All other liabilities $8,591

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $735,789
    Loan and leases loss allowance $7,109
    Total loans and leases (domestic) $742,898
    All real estate loans $451,101
    Real estate loans in domestic offices $451,101
    Construction and development loans $50,641
    Residential 1-4 family construction $4,918
    Other construction, all land development and other land $45,723
    Loans secured by nonfarm nonresidential properties $207,094
    Nonfarm nonresidential secured by owner-occupied properties $122,173
    Commercial real estate & other non-farm, non-residential $84,921
    Multifamily residential real estate $16,921
    1-4 family residential loans $100,748
    Farmland loans $75,697
    Loans held in foreign offices $0
    Farm loans $101,385
    Commercial and industrial loans $161,137
    To non-U.S. addressees $0
    Loans to individuals $12,543
    Credit card loans $985
    Related Plans $2,021
    Consumer Auto Loans $4,605
    Other loans to individuals $4,932
    All other loans & leases $17,405
    Loans to foreign governments and official institutions $0
    Other loans $241
    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 $735,789,000 of loans outstanding in 2018. $451,101,000 of loans were in real estate loans. $50,641,000 of loans were in development loans. $16,921,000 of loans were in multifamily mortgage loans. $100,748,000 of loans were in 1-4 family mortgage loans. $101,385,000 of loans were in farm loans. $985,000 of loans were in credit card loans. $4,605,000 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 545 $56,419 $103,521
    Nonfarm, nonresidential loans - <$100k 142 $3,470 $24,437
    Nonfarm, nonresidential loans - $100-250k 181 $12,987 $71,751
    Nonfarm, nonresidential loans - $250k-1MM 222 $39,962 $180,009
    Commercial & Industrial, US addressed loans - <$1MM 904 $43,942 $48,608
    Commercial & Industrial, US addressed loans - <$100k 563 $7,827 $13,902
    Commercial & Industrial, US addressed loans - $100-250k 172 $7,736 $44,977
    Commercial & Industrial, US addressed loans - $250k-1MM 169 $28,379 $167,923
    Farmland loans - <$1MM 208 $27,294 $131,221
    Farmland loans - <$100k 50 $2,206 $44,120
    Farmland loans - $100-250k 78 $7,947 $101,885
    Farmland loans - $250k-1MM 80 $17,141 $214,263
    Agriculture operations loans - <$1MM 453 $39,684 $87,603
    Agriculture operations loans - <$100k 252 $6,216 $24,667
    Agriculture operations loans - $100-250k 122 $12,867 $105,467
    Agriculture operations loans - $250k-1MM 79 $20,601 $260,772