Wisconsin Bank & Trust Mortgage Rates, Fees & Info
Madison, WILEI: 5493007RSKYSDHRL7N78
Tax ID: 39-0226090
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Mortgage Data
Bank Data
Review & Overview
Wisconsin Bank & Trust is a smaller bank specializing in Home Purchase and Home Improvement loans. Wisconsin Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Milwaukee, Janesville, Sheboygan, Madison, and Racine among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Wisconsin Bank & Trust has a below 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.
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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
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
51Origination Dollar Volume (All Markets)
$26,005,000Employee count
105Top 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) | 6 | $10,370,000 | $1,728,333 | $0 | 0.00% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 1 | $10,105,000 | $10,105,000 | $0 | 0.00% |
| SHEBOYGAN, WI (FHA|USDA|VA) | 22 | $2,230,000 | $101,364 | $0 | 0.00% |
| MADISON, WI (FHA|USDA|VA) | 14 | $2,000,000 | $142,857 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $480,000 | $240,000 | $0 | 0.00% |
| RACINE, WI (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 0.00% |
| Platteville, WI (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $0 | 0.00% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| Manitowoc, WI (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
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.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 51 | $26,005,000 | $509,902 | $0 | 0.00% |
For 2019, Wisconsin Bank & Trust's most frequently originated type of loan was Conventional, with 51 originations.
Loan Reason
For 2019, Wisconsin Bank & Trust's most frequently cited loan purpose was Refi, with 22 originations. The 2nd most popular reason was Home Purchase, with 17 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 51 | $26,005,000 | $509,902 | $0 | 0.00% |
For 2019, Wisconsin Bank & Trust's most frequently cited loan duration was Other, with 51 originations.
Loan Sizing
2019 saw Wisconsin Bank & Trust place emphasis on $100,000 or less loans with 30 originations, totaling $1,330,000 in origination value.
Applicant Income
Wisconsin Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 9 originations. The second most popular income band? $50k or less, with 8 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 51 | $26,005,000 | $509,902 | $0 | 0.00% |
Wisconsin Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 51 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications68.57%
Wisconsin Bank & Trust has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination58.82%
Wisconsin Bank & Trust has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 51 | $26,005,000 | $509,902 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 8 | $20,960,000 | $2,620,000 |
| Single Family (1-4 Units):Site-Built | 43 | $5,045,000 | $117,326 |
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Wisconsin Title Group, LLC | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Wisconsin Bank & Trust | 10 Keystone Parkway Platteville, WI 53818 | Full Service B&M | $62,186 |
| Wisconsin Bank & Trust | 1160 Fond Du Lac Avenue Sheboygan Falls, WI 53085 | Full Service B&M | $34,375 |
| 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 | $35,682 |
| Wisconsin Bank & Trust | 1717 10th Street Monroe, WI 53566 | Full Service B&M | $199,853 |
| Wisconsin Bank & Trust | 2511 Eastern Avenue Plymouth, WI 53073 | Full Service B&M | $64,008 |
| Wisconsin Bank & Trust | 305 South Madison Street Lancaster, WI 53813 | Full Service B&M | $31,481 |
| Wisconsin Bank & Trust | 3220 South Business Drive Sheboygan, WI 53081 | Full Service B&M | $52,996 |
| Wisconsin Bank & Trust | 4131 West Loomis Road Greenfield, WI 53220 | Full Service B&M | $35,213 |
| Wisconsin Bank & Trust | 4210 State Hwy 42 North Sheboygan, WI 53083 | Full Service B&M | $42,330 |
| Wisconsin Bank & Trust | 5380 North Port Washington Road Glendale, WI 53217 | Full Service B&M | $43,615 |
| Wisconsin Bank & Trust | 580 North Main Street Cottage Grove, WI 53527 | Full Service B&M | $57,281 |
| Wisconsin Bank & Trust | 604 North 8th Street Sheboygan, WI 53081 | Full Service B&M | $40,227 |
| Wisconsin Bank & Trust | 6180 Verona Road Fitchburg, WI 53719 | Full Service B&M | $33,149 |
| Wisconsin Bank & Trust | 655 South Taylor Drive Sheboygan, WI 53081 | Full Service B&M | $51,103 |
| Wisconsin Bank & Trust | 8240 Mineral Point Road Madison, WI 53719 | Full Service B&M | $108,521 |
For 2019, Wisconsin Bank & Trust had 16 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $46,000 |
| Net interest income | $38,390 |
| Total noninterest income | $12,922 |
| Gross Fiduciary activities income | $1,388 |
| Service charges on deposit accounts | $2,323 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $9,211 |
| Pre-tax net operating income | $17,412 |
| Securities gains (or losses, -) | $119 |
| Income before extraordinary items | $13,521 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $13,521 |
| Minority interest net income | $0 |
| Net income | $13,521 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $13,426 |
Wisconsin Bank & Trust's gross interest income from loans was $46,000,000.
Wisconsin Bank & Trust's net interest income from loans was $38,390,000.
Wisconsin Bank & Trust's fee based income from loans was $2,323,000.
Wisconsin Bank & Trust's net income from loans was $13,521,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $7,610 |
| Provision for credit losses | $1,101 |
| Total noninterest expense | $32,799 |
| Salaries and employee benefits | $10,453 |
| Premises and equipment expense | $3,613 |
| Additional noninterest expense | $18,733 |
| Applicable income taxes | $4,010 |
| Net charge-offs | $824 |
| Cash dividends | $12,500 |
Wisconsin Bank & Trust's interest expense for loans was $7,610,000.
Wisconsin Bank & Trust's payroll and benefits expense were $10,453,000.
Wisconsin Bank & Trust's property, plant and equipment expenses $3,613,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 2.0% |
| 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 | 4.0% |
| Personal loans | 0.0% |
| Credit card loans | 0.2% |
| 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 | $941,109 |
| Deposits held in domestic offices | $941,109 |
| Deposits by Individuals, partnerships, and corporations | $895,624 |
| Deposits by U.S. Government | $1 |
| Deposits by States and political subdivisions in the U.S. | $45,484 |
| 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 | $177,515 |
| Demand deposits | $105,732 |
| Nontransaction accounts | $763,594 |
| Money market deposit accounts (MMDAs) | $525,334 |
| Other savings deposits (excluding MMDAs) | $113,847 |
| Total time deposits | $124,413 |
| Total time and savings deposits | $835,377 |
| Noninterest-bearing deposits | $291,223 |
| Interest-bearing deposits | $649,886 |
| Retail deposits | $927,058 |
| IRAs and Keogh plan accounts | $22,983 |
| Brokered deposits | $1 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $1,090,679 |
| Cash & Balances due from depository institutions | $30,986 |
| Interest-bearing balances | $3,995 |
| Total securities | $182,245 |
| Federal funds sold & reverse repurchase | $37,575 |
| Net loans and leases | $745,015 |
| Loan and leases loss allowance | $7,386 |
| Trading account assets | $1,881 |
| Bank premises and fixed assets | $24,425 |
| Other real estate owned | $559 |
| Goodwill and other intangibles | $31,051 |
| All other assets | $36,942 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $1,090,679 |
| Total Liabilities | $951,342 |
| Total deposits | $941,109 |
| Interest-bearing deposits | $649,886 |
| Deposits held in domestic offices | $941,109 |
| % insured (estimated) | $67 |
| Federal funds purchased and repurchase agreements | $1,840 |
| Trading liabilities | $1,881 |
| Other borrowed funds | $955 |
| Subordinated debt | $0 |
| All other liabilities | $5,557 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $745,015 |
| Loan and leases loss allowance | $7,386 |
| Total loans and leases (domestic) | $752,401 |
| All real estate loans | $441,048 |
| Real estate loans in domestic offices | $441,048 |
| Construction and development loans | $57,151 |
| Residential 1-4 family construction | $1,262 |
| Other construction, all land development and other land | $55,889 |
| Loans secured by nonfarm nonresidential properties | $198,453 |
| Nonfarm nonresidential secured by owner-occupied properties | $116,878 |
| Commercial real estate & other non-farm, non-residential | $81,575 |
| Multifamily residential real estate | $19,425 |
| 1-4 family residential loans | $85,172 |
| Farmland loans | $80,847 |
| Loans held in foreign offices | $0 |
| Farm loans | $98,752 |
| Commercial and industrial loans | $184,347 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $13,120 |
| Credit card loans | $1,292 |
| Related Plans | $3,915 |
| Consumer Auto Loans | $4,196 |
| Other loans to individuals | $3,717 |
| All other loans & leases | $15,935 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $139 |
| 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 $745,015,000 of loans outstanding in 2019. $441,048,000 of loans were in real estate loans. $57,151,000 of loans were in development loans. $19,425,000 of loans were in multifamily mortgage loans. $85,172,000 of loans were in 1-4 family mortgage loans. $98,752,000 of loans were in farm loans. $1,292,000 of loans were in credit card loans. $4,196,000 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 | 498 | $55,376 | $111,197 |
| Nonfarm, nonresidential loans - <$100k | 127 | $2,998 | $23,606 |
| Nonfarm, nonresidential loans - $100-250k | 159 | $12,171 | $76,547 |
| Nonfarm, nonresidential loans - $250k-1MM | 212 | $40,207 | $189,656 |
| Commercial & Industrial, US addressed loans - <$1MM | 838 | $40,380 | $48,186 |
| Commercial & Industrial, US addressed loans - <$100k | 510 | $5,970 | $11,706 |
| Commercial & Industrial, US addressed loans - $100-250k | 164 | $6,325 | $38,567 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 164 | $28,085 | $171,250 |
| Farmland loans - <$1MM | 212 | $27,157 | $128,099 |
| Farmland loans - <$100k | 53 | $2,044 | $38,566 |
| Farmland loans - $100-250k | 78 | $7,597 | $97,397 |
| Farmland loans - $250k-1MM | 81 | $17,516 | $216,247 |
| Agriculture operations loans - <$1MM | 414 | $35,988 | $86,928 |
| Agriculture operations loans - <$100k | 231 | $5,957 | $25,788 |
| Agriculture operations loans - $100-250k | 109 | $11,344 | $104,073 |
| Agriculture operations loans - $250k-1MM | 74 | $18,687 | $252,527 |