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 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    Originations

    51

    Origination Dollar Volume (All Markets)

    $26,005,000

    Employee count

    105

    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) 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%
    Wisconsin Bank & Trust's top markets include Milwaukee, Janesville, Sheboygan, Madison, and Racine among others.

    Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Alabama (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.

    First Community Credit Union
    Similarity Rank: 290
    Dane County Credit Union
    Similarity Rank: 315
    Heartland Credit Union (Madison)
    Similarity Rank: 384
    The Park Bank
    Similarity Rank: 425
    State Bank of Cross Plains
    Similarity Rank: 481
    Blackhawk Community Credit Union
    Similarity Rank: 493
    The First National Bank and Trust Company
    Similarity Rank: 504
    Landmark Credit Union
    Similarity Rank: 598
    Royal Bank
    Similarity Rank: 644
    A + MORTGAGE SERVICES, INC.
    Similarity Rank: 672

    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

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 22 $2,840,000 $129,091 $0 0.00%
    Home Purchase 17 $12,625,000 $742,647 $0 0.00%
    Other 7 $355,000 $50,714 $0 0.00%
    Home Improvement 5 $10,185,000 $2,037,000 $0 0.00%

    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

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 30 $1,330,000 $44,333 $0 0.00%
    $100k-200k 8 $1,080,000 $135,000 $0 0.00%
    $200k-400k 8 $2,080,000 $260,000 $0 0.00%
    $1MM+ 2 $19,910,000 $9,955,000 $0 0.00%
    $400k-600k 2 $960,000 $480,000 $0 0.00%
    $600k-1MM 1 $645,000 $645,000 $0 0.00%

    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

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 9 $995,000 $110,556 $0 0.00%
    $50k or less 8 $440,000 $55,000 $0 0.00%
    $150k-250k 4 $790,000 $197,500 $0 0.00%
    $100k-150k 3 $55,000 $18,333 $0 0.00%
    $250k+ 2 $620,000 $310,000 $0 0.00%
    $75k-100k 2 $70,000 $35,000 $0 0.00%

    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

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 22 $23,010,000 $1,045,909 $0 0.00%
    White 24 $2,280,000 $95,000 $0 0.00%
    Not provided 5 $715,000 $143,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    68.57%

    Wisconsin Bank & Trust has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    58.82%

    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