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 and Home Purchase loans. Wisconsin Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Madison, Milwaukee, Sheboygan, Platteville, and La Crosse among others. We have data for 7 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.

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    Originations

    44

    Origination Dollar Volume (All Markets)

    $14,990,000

    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) 11 $6,095,000 $554,091 $541 4.43%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 4 $5,580,000 $1,395,000 $0 5.37%
    SHEBOYGAN, WI (FHA|USDA|VA) 22 $2,620,000 $119,091 $1,291 5.15%
    Outside of Metro Areas 3 $365,000 $121,667 $614 6.42%
    Platteville, WI (FHA|USDA|VA) 2 $180,000 $90,000 $0 4.22%
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.00%
    Manitowoc, WI (FHA|USDA|VA) 1 $35,000 $35,000 $0 4.50%
    Wisconsin Bank & Trust's top markets include Madison, Milwaukee, Sheboygan, Platteville, and La Crosse among others.

    Their top states include:
  • Wisconsin (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.

    Hometown Bank
    Similarity Rank: 216
    The Greenwood's State Bank
    Similarity Rank: 297
    The Equitable Bank, S.S.B.
    Similarity Rank: 440
    Royal Bank
    Similarity Rank: 468
    Starion Bank
    Similarity Rank: 546
    A + MORTGAGE SERVICES, INC.
    Similarity Rank: 644
    National Exchange Bank and Trust
    Similarity Rank: 920
    Dane County Credit Union
    Similarity Rank: 979
    Horicon Bank
    Similarity Rank: 1000
    Oregon Community Bank
    Similarity Rank: 1166

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 44 $14,990,000 $340,682 $997 5.00%

    For 2020, Wisconsin Bank & Trust's most frequently originated type of loan was Conventional, with 44 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 26 $5,740,000 $220,769 $536 4.87%
    Home Purchase 11 $8,475,000 $770,455 $0 4.93%
    Home Improvement 4 $290,000 $72,500 $650 6.33%
    Other 2 $110,000 $55,000 $258 5.50%
    Cash Out Refi 1 $375,000 $375,000 $6,507 2.75%

    For 2020, Wisconsin Bank & Trust's most frequently cited loan purpose was Refi, with 26 originations. The 2nd most popular reason was Home Purchase, with 11 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    5 Year 26 $7,380,000 $283,846 $212 4.96%
    Other 7 $6,305,000 $900,714 $0 5.25%
    10 Year 5 $455,000 $91,000 $527 5.55%
    15 Year 3 $395,000 $131,667 $628 4.67%
    20 Year 2 $80,000 $40,000 $360 4.88%
    30 Year 1 $375,000 $375,000 $6,507 2.75%

    For 2020, Wisconsin Bank & Trust's most frequently cited loan duration was 5 Year, with 26 originations. The 2nd most popular length was Other, with 7 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 11 $935,000 $85,000
    $4k-5k 1 $375,000 $375,000

    Wisconsin Bank & Trust's average total fees were $6,507, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 11 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 17 $10,015,000 $589,118
    3-4% 10 $3,720,000 $372,000
    5-6% 8 $590,000 $73,750
    6-7% 6 $230,000 $38,333
    Over 8% 2 $60,000 $30,000
    2.5-3% 1 $375,000 $375,000

    During 2020, Wisconsin Bank & Trust's average interest rate for loans was 2.75%, while their most frequently originated rate bucket for loans was 4-5%, with 17 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 27 $1,265,000 $46,852 $418 5.43%
    $100k-200k 7 $1,115,000 $159,286 $578 4.44%
    $200k-400k 7 $1,925,000 $275,000 $2,679 4.31%
    $1MM+ 3 $10,685,000 $3,561,667 $0 3.98%

    2020 saw Wisconsin Bank & Trust place emphasis on $100,000 or less loans with 27 originations, totaling $1,265,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 8 $730,000 $91,250 $579 4.63%
    $100k-150k 4 $710,000 $177,500 $2,474 5.19%
    $75k-100k 3 $105,000 $35,000 $484 7.06%
    $50k-75k 2 $60,000 $30,000 $337 3.88%
    $250k+ 1 $185,000 $185,000 $0 5.00%

    Wisconsin Bank & Trust lent most frequently to those with incomes in the $50k or less range, with 8 originations. The second most popular income band? $100k-150k, with 4 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    <20% 4 $140,000 $35,000 $462 5.63%
    30-36% 2 $70,000 $35,000 $310 5.00%
    36% 2 $80,000 $40,000 $541 4.88%
    >60% 2 $360,000 $180,000 $726 4.25%
    41% 1 $85,000 $85,000 $258 5.25%
    48% 1 $375,000 $375,000 $6,507 2.75%
    49% 1 $35,000 $35,000 $0 5.93%
    50-60% 1 $35,000 $35,000 $0 4.75%
    40% 1 $235,000 $235,000 $657 4.50%

    Wisconsin Bank & Trust lent most frequently to those with DTI ratios of <20%, with 4 originations. The next most common DTI ratio? 30-36%, with 2 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 23 $13,075,000 $568,478 $0 4.81%
    White 19 $1,745,000 $91,842 $1,067 5.04%
    Not provided 1 $125,000 $125,000 $578 4.00%
    Native Hawaiian 1 $45,000 $45,000 $711 9.50%

    Approval Rates

    Total approvals of all applications
    73.33%

    Wisconsin Bank & Trust has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    75.00%

    Wisconsin Bank & Trust has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 44 $14,990,000 $340,682

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 8 $11,350,000 $1,418,750
    Single Family (1-4 Units):Site-Built 36 $3,640,000 $101,111

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 12 $1,360,000 $113,333 $556 4.88%
    40-60% 8 $3,430,000 $428,750 $711 5.48%
    60-80% 13 $3,745,000 $288,077 $566 4.80%
    80-100% 3 $745,000 $248,333 $3,382 4.60%
    Over 100% 1 $5,455,000 $5,455,000 $0 4.25%
    Under 20% 7 $255,000 $36,429 $373 5.29%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    Wisconsin Housing and Economic Development Authority FHA mortgage Struggling to pay 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 $68,800
    Wisconsin Bank & Trust 1160 Fond Du Lac Avenue Sheboygan Falls, WI 53085 Full Service B&M $44,527
    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 $53,991
    Wisconsin Bank & Trust 1717 10th Street Monroe, WI 53566 Full Service B&M $224,126
    Wisconsin Bank & Trust 2511 Eastern Avenue Plymouth, WI 53073 Full Service B&M $75,683
    Wisconsin Bank & Trust 305 South Madison Street Lancaster, WI 53813 Full Service B&M $43,274
    Wisconsin Bank & Trust 3220 South Business Drive Sheboygan, WI 53081 Full Service B&M $67,026
    Wisconsin Bank & Trust 4131 West Loomis Road Greenfield, WI 53220 Full Service B&M $40,397
    Wisconsin Bank & Trust 4210 State Hwy 42 North Sheboygan, WI 53083 Full Service B&M $46,342
    Wisconsin Bank & Trust 5380 North Port Washington Road Glendale, WI 53217 Full Service B&M $78,806
    Wisconsin Bank & Trust 580 North Main Street Cottage Grove, WI 53527 Full Service B&M $67,039
    Wisconsin Bank & Trust 6131 Nesbitt Rd Fitchburg, WI 53719 Full Service B&M $44,988
    Wisconsin Bank & Trust 655 South Taylor Drive Sheboygan, WI 53081 Full Service B&M $84,286
    Wisconsin Bank & Trust 8240 Mineral Point Road Madison, WI 53719 Full Service B&M $111,481

    For 2020, Wisconsin Bank & Trust had 15 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $44,080
    Net interest income $41,353
    Total noninterest income $8,839
    Gross Fiduciary activities income $1,406
    Service charges on deposit accounts $2,207
    Trading account gains and fees $0
    Additional Noninterest Income $5,226
    Pre-tax net operating income $13,616
    Securities gains (or losses, -) $504
    Income before extraordinary items $11,017
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $11,017
    Minority interest net income $0
    Net income $11,017
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $10,618

    Wisconsin Bank & Trust's gross interest income from loans was $44,080,000.
    Wisconsin Bank & Trust's net interest income from loans was $41,353,000.
    Wisconsin Bank & Trust's fee based income from loans was $2,207,000.
    Wisconsin Bank & Trust's net income from loans was $11,017,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,727
    Provision for credit losses $6,435
    Total noninterest expense $30,141
    Salaries and employee benefits $8,657
    Premises and equipment expense $3,432
    Additional noninterest expense $18,052
    Applicable income taxes $3,103
    Net charge-offs $5,453
    Cash dividends $8,500

    Wisconsin Bank & Trust's interest expense for loans was $2,727,000.
    Wisconsin Bank & Trust's payroll and benefits expense were $8,657,000.
    Wisconsin Bank & Trust's property, plant and equipment expenses $3,432,000.

    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 1.0%
    Personal loans 1.0%
    Credit card loans 1.2%
    Other individual loans 1.0%
    Auto loans 3.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,057,369
    Deposits held in domestic offices $1,057,369
    Deposits by Individuals, partnerships, and corporations $991,381
    Deposits by U.S. Government $1
    Deposits by States and political subdivisions in the U.S. $65,987
    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 $214,021
    Demand deposits $147,191
    Nontransaction accounts $843,348
    Money market deposit accounts (MMDAs) $604,138
    Other savings deposits (excluding MMDAs) $147,299
    Total time deposits $91,911
    Total time and savings deposits $910,178
    Noninterest-bearing deposits $384,974
    Interest-bearing deposits $672,395
    Retail deposits $1,050,919
    IRAs and Keogh plan accounts $19,888
    Brokered deposits $5,000
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,267,488
    Cash & Balances due from depository institutions $29,713
    Interest-bearing balances $3,502
    Total securities $308,062
    Federal funds sold & reverse repurchase $25,625
    Net loans and leases $806,408
    Loan and leases loss allowance $9,141
    Trading account assets $3,111
    Bank premises and fixed assets $23,713
    Other real estate owned $0
    Goodwill and other intangibles $30,247
    All other assets $40,609

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,267,488
    Total Liabilities $1,122,946
    Total deposits $1,057,369
    Interest-bearing deposits $672,395
    Deposits held in domestic offices $1,057,369
    % insured (estimated) $63
    Federal funds purchased and repurchase agreements $3,377
    Trading liabilities $3,111
    Other borrowed funds $51,727
    Subordinated debt $0
    All other liabilities $7,362

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $806,408
    Loan and leases loss allowance $9,141
    Total loans and leases (domestic) $815,549
    All real estate loans $431,448
    Real estate loans in domestic offices $431,448
    Construction and development loans $37,755
    Residential 1-4 family construction $1,649
    Other construction, all land development and other land $36,106
    Loans secured by nonfarm nonresidential properties $214,192
    Nonfarm nonresidential secured by owner-occupied properties $123,134
    Commercial real estate & other non-farm, non-residential $91,058
    Multifamily residential real estate $32,632
    1-4 family residential loans $61,342
    Farmland loans $85,527
    Loans held in foreign offices $0
    Farm loans $79,539
    Commercial and industrial loans $281,627
    To non-U.S. addressees $0
    Loans to individuals $9,929
    Credit card loans $1,380
    Related Plans $3,221
    Consumer Auto Loans $2,778
    Other loans to individuals $2,550
    All other loans & leases $14,075
    Loans to foreign governments and official institutions $0
    Other loans $97
    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 $806,408,000 of loans outstanding in 2020. $431,448,000 of loans were in real estate loans. $37,755,000 of loans were in development loans. $32,632,000 of loans were in multifamily mortgage loans. $61,342,000 of loans were in 1-4 family mortgage loans. $79,539,000 of loans were in farm loans. $1,380,000 of loans were in credit card loans. $2,778,000 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 487 $57,346 $117,754
    Nonfarm, nonresidential loans - <$100k 122 $2,569 $21,057
    Nonfarm, nonresidential loans - $100-250k 157 $11,528 $73,427
    Nonfarm, nonresidential loans - $250k-1MM 208 $43,249 $207,928
    Commercial & Industrial, US addressed loans - <$1MM 1,213 $81,120 $66,876
    Commercial & Industrial, US addressed loans - <$100k 750 $14,451 $19,268
    Commercial & Industrial, US addressed loans - $100-250k 249 $19,366 $77,775
    Commercial & Industrial, US addressed loans - $250k-1MM 214 $47,303 $221,042
    Farmland loans - <$1MM 205 $28,887 $140,912
    Farmland loans - <$100k 44 $1,543 $35,068
    Farmland loans - $100-250k 81 $8,464 $104,494
    Farmland loans - $250k-1MM 80 $18,880 $236,000
    Agriculture operations loans - <$1MM 373 $29,986 $80,391
    Agriculture operations loans - <$100k 208 $4,876 $23,442
    Agriculture operations loans - $100-250k 93 $8,808 $94,710
    Agriculture operations loans - $250k-1MM 72 $16,302 $226,417