West Town Bank & Trust Mortgage Rates, Fees & Info

North Riverside, IL

LEI: 5493009ZQ1VZ1HZCL108

Tax ID: 36-1950478

4.1 stars - out of 5 stars, based on 23 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Bank Data

    Review & Overview

    West Town Bank & Trust is a smaller bank specializing in Home Purchase and Refi loans. West Town Bank & Trust has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Baltimore, Morehead City, Washington, Virginia Beach, and Chicago among others. We have data for 78 markets. (Some data included below & more in-depth data is available with an active subscription.)

    West Town Bank & Trust has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. West Town Bank & Trust is typically an average 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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    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.56% 1/29/23
    30 Year Conventional Refi 6.35% 1/29/23
    30 Year Cash-out Refi 6.62% 1/29/23
    30 Year FHA Purchase 7.28% 1/29/23
    30 Year FHA Refi 6.96% 1/29/23
    30 Year VA Purchase 6.24% 1/29/23
    30 Year VA Refi 5.92% 1/29/23
    30 Year USDA Purchase 6.71% 1/29/23
    15 Year Conventional Purchase 6.04% 1/29/23
    15 Year Conventional Refi 5.87% 1/29/23
    15 Year Cash-out Refi 5.87% 1/29/23
    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.


    Originations

    519

    Origination Dollar Volume (All Markets)

    $145,685,000

    Employee count

    94

    Awards

    West Town Bank & Trust 30 Year Conventional Loans bronze West Town Bank & Trust 30 Year Conventional Loans bronze
    Show all (2) awards

    Relative Rate

    West Town Bank & Trust's average 30 year fixed mortgage rate was 2.94%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.21%.

    Relative Fees (Closing Costs)

    West Town Bank & Trust's average total fees/closing costs for a 30 year fixed rate mortgage were $6,328.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 186 $49,610,000 $266,720 $6,515 2.94%
    Morehead City, NC (FHA|USDA|VA) 54 $13,560,000 $251,111 $4,214 2.93%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 24 $10,230,000 $426,250 $9,110 2.90%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 20 $6,740,000 $337,000 $7,096 2.79%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 13 $3,955,000 $304,231 $6,171 3.32%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 12 $3,560,000 $296,667 $6,455 2.86%
    NEW BERN, NC (FHA|USDA|VA) 15 $3,555,000 $237,000 $4,575 2.82%
    Outside of Metro Areas 13 $3,245,000 $249,615 $5,354 2.80%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 7 $3,085,000 $440,714 $8,217 2.82%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 6 $2,980,000 $496,667 $7,296 2.82%
    WILMINGTON, NC (FHA|USDA|VA) 14 $2,440,000 $174,286 $3,730 3.29%
    Elizabeth City, NC (FHA|USDA|VA) 13 $2,165,000 $166,538 $5,012 2.85%
    JACKSONVILLE, FL (FHA|USDA|VA) 8 $2,060,000 $257,500 $5,460 3.02%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 6 $1,950,000 $325,000 $7,606 2.71%
    FAYETTEVILLE, NC (FHA|USDA|VA) 7 $1,735,000 $247,857 $5,464 2.84%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 5 $1,585,000 $317,000 $5,848 2.90%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 6 $1,410,000 $235,000 $4,727 2.77%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $1,380,000 $690,000 $14,683 2.88%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $1,350,000 $225,000 $4,402 3.00%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 4 $1,250,000 $312,500 $4,208 3.31%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $1,250,000 $625,000 $13,995 3.00%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 4 $1,240,000 $310,000 $4,933 2.47%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 5 $1,205,000 $241,000 $4,677 3.03%
    RICHMOND, VA (FHA|USDA|VA) 4 $1,120,000 $280,000 $7,355 3.25%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 4 $1,020,000 $255,000 $3,912 3.06%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 3 $1,015,000 $338,333 $14,704 2.96%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 3 $995,000 $331,667 $3,107 2.79%
    RALEIGH-CARY, NC (FHA|USDA|VA) 3 $925,000 $308,333 $3,133 2.50%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $885,000 $885,000 $4,893 2.88%
    JACKSONVILLE, NC (FHA|USDA|VA) 4 $830,000 $207,500 $4,221 2.97%
    SALISBURY, MD-DE (FHA|USDA|VA) 3 $825,000 $275,000 $5,208 3.17%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $805,000 $268,333 $5,923 2.96%
    MOBILE, AL (FHA|USDA|VA) 4 $760,000 $190,000 $4,072 2.72%
    Traverse City, MI (FHA|USDA|VA) 2 $730,000 $365,000 $12,694 2.81%
    SAVANNAH, GA (FHA|USDA|VA) 2 $700,000 $350,000 $13,228 2.63%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $680,000 $340,000 $3,216 2.63%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $660,000 $330,000 $10,437 2.81%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $640,000 $320,000 $3,581 3.13%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 2 $570,000 $285,000 $12,850 2.94%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $565,000 $188,333 $6,506 2.58%
    HUNTSVILLE, AL (FHA|USDA|VA) 1 $535,000 $535,000 $21,500 2.88%
    OCEAN CITY, NJ (FHA|USDA|VA) 1 $515,000 $515,000 $10,866 2.63%
    Juneau, AK (FHA|USDA|VA) 1 $485,000 $485,000 $11,431 2.75%
    Picayune, MS (FHA|USDA|VA) 1 $465,000 $465,000 $19,899 2.88%
    GREEN BAY, WI (FHA|USDA|VA) 1 $415,000 $415,000 $15,829 2.75%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $385,000 $128,333 $3,184 2.63%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $385,000 $385,000 $5,918 3.25%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $365,000 $365,000 $5,250 3.38%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $345,000 $345,000 $3,049 3.38%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $315,000 $315,000 $3,416 3.38%
    St. Marys, GA (FHA|USDA|VA) 1 $315,000 $315,000 $2,244 3.12%
    Kill Devil Hills, NC (FHA|USDA|VA) 1 $305,000 $305,000 $3,405 2.63%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $285,000 $285,000 $13,109 2.75%
    Brainerd, MN (FHA|USDA|VA) 1 $285,000 $285,000 $2,436 2.88%
    GOLDSBORO, NC (FHA|USDA|VA) 1 $275,000 $275,000 $8,078 2.63%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $275,000 $275,000 $8,455 2.88%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $255,000 $255,000 $4,568 2.75%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $255,000 $255,000 $8,926 2.75%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $255,000 $255,000 $3,922 3.00%
    Cedar City, UT (FHA|USDA|VA) 1 $245,000 $245,000 $2,526 2.50%
    Cullowhee, NC (FHA|USDA|VA) 1 $245,000 $245,000 $2,978 2.75%
    Riverton, WY (FHA|USDA|VA) 1 $235,000 $235,000 $0 3.37%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $235,000 $235,000 $11,505 2.88%
    BANGOR, ME (FHA|USDA|VA) 1 $235,000 $235,000 $1,318 2.63%
    Warren, PA (FHA|USDA|VA) 1 $215,000 $215,000 $4,681 3.00%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $215,000 $215,000 $2,837 2.25%
    Sanford, NC (FHA|USDA|VA) 1 $205,000 $205,000 $7,171 3.00%
    Brenham, TX (FHA|USDA|VA) 1 $205,000 $205,000 $4,043 3.00%
    LUBBOCK, TX (FHA|USDA|VA) 1 $205,000 $205,000 $2,906 2.88%
    DOVER, DE (FHA|USDA|VA) 1 $195,000 $195,000 $3,834 3.38%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $195,000 $195,000 $4,316 2.25%
    HINESVILLE, GA (FHA|USDA|VA) 1 $195,000 $195,000 $2,910 2.63%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $185,000 $185,000 $2,338 2.63%
    Washington, NC (FHA|USDA|VA) 1 $185,000 $185,000 $3,340 3.13%
    YORK-HANOVER, PA (FHA|USDA|VA) 1 $155,000 $155,000 $5,224 2.38%
    ROANOKE, VA (FHA|USDA|VA) 1 $145,000 $145,000 $2,879 2.75%
    North Wilkesboro, NC (FHA|USDA|VA) 1 $105,000 $105,000 $0 1.75%
    GREENVILLE, NC (FHA|USDA|VA) 1 $105,000 $105,000 $2,621 2.13%
    West Town Bank & Trust's top markets include Baltimore, Morehead City, Washington, Virginia Beach, and Chicago among others.

    Their top states include:
  • Maryland (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against West Town 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 341 $87,025,000 $255,205 $4,532 2.98%
    VA 125 $44,895,000 $359,160 $9,326 2.72%
    FHA 50 $13,240,000 $264,800 $8,953 2.94%
    USDA 3 $525,000 $175,000 $5,681 2.83%

    For 2021, West Town Bank & Trust's most frequently originated type of loan was Conventional, with 341 originations. Their 2nd most popular type was VA, with 125 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 304 $92,190,000 $303,257 $7,260 2.97%
    Refi 145 $36,425,000 $251,207 $4,089 2.72%
    Cash Out Refi 42 $10,310,000 $245,476 $5,302 3.05%
    Home Improvement 28 $6,760,000 $241,429 $5,911 3.15%

    For 2021, West Town Bank & Trust's most frequently cited loan purpose was Home Purchase, with 304 originations. The 2nd most popular reason was Refi, with 145 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 477 $136,265,000 $285,671 $6,328 2.94%
    15 Year 29 $6,915,000 $238,448 $4,087 2.39%
    20 Year 6 $1,210,000 $201,667 $3,906 2.85%
    Other 4 $750,000 $187,500 $4,334 2.75%
    3 Year 3 $545,000 $181,667 $0 4.35%

    For 2021, West Town Bank & Trust's most frequently cited loan duration was 30 Year, with 477 originations. The 2nd most popular length was 15 Year, with 29 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 285 $73,585,000 $258,193
    $<1k 128 $43,670,000 $341,172
    $2k-3k 42 $12,650,000 $301,190
    $3k-4k 23 $5,965,000 $259,348
    $4k-5k 18 $6,080,000 $337,778
    $5k+ 2 $550,000 $275,000

    West Town Bank & Trust's average total fees were $6,328, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 285 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 287 $86,205,000 $300,366
    3-4% 139 $36,225,000 $260,612
    <2.5% 86 $21,940,000 $255,116
    4-5% 7 $1,315,000 $187,857

    During 2021, West Town Bank & Trust's average interest rate for loans was 2.94%, while their most frequently originated rate bucket for loans was 2.5-3%, with 287 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 282 $79,450,000 $281,738 $6,333 2.92%
    $100k-200k 143 $22,135,000 $154,790 $3,934 2.96%
    $400k-600k 77 $37,055,000 $481,234 $9,251 2.79%
    $100,000 or less 9 $765,000 $85,000 $2,701 3.17%
    $600k-1MM 7 $5,075,000 $725,000 $9,532 3.00%
    $1MM+ 1 $1,205,000 $1,205,000 $7,349 3.38%

    2021 saw West Town Bank & Trust place emphasis on $200k-400k loans with 282 originations, totaling $79,450,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 147 $36,645,000 $249,286 $6,421 2.92%
    $50k or less 97 $18,135,000 $186,959 $4,846 2.89%
    $100k-150k 91 $32,525,000 $357,418 $7,149 2.88%
    $75k-100k 85 $24,295,000 $285,824 $6,733 2.96%
    $150k-250k 59 $20,125,000 $341,102 $6,622 3.02%
    $250k+ 12 $5,400,000 $450,000 $5,040 3.26%

    West Town Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 147 originations. The second most popular income band? $50k or less, with 97 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 75 $20,735,000 $276,467 $6,092 2.90%
    20-30% 68 $19,310,000 $283,971 $5,479 2.93%
    42% 33 $8,225,000 $249,242 $5,552 2.99%
    44% 27 $8,305,000 $307,593 $7,258 2.93%
    43% 27 $7,605,000 $281,667 $6,815 2.95%
    <20% 26 $6,140,000 $236,154 $4,490 2.87%
    41% 26 $8,260,000 $317,692 $5,973 3.04%
    45% 26 $6,370,000 $245,000 $6,103 3.00%
    39% 24 $6,450,000 $268,750 $6,442 2.81%
    40% 24 $5,820,000 $242,500 $5,704 3.00%
    49% 20 $5,550,000 $277,500 $5,263 2.97%
    50-60% 19 $5,915,000 $311,316 $9,926 2.93%
    38% 18 $5,600,000 $311,111 $7,085 2.88%
    37% 17 $5,685,000 $334,412 $8,131 3.04%
    46% 17 $4,475,000 $263,235 $5,770 2.86%
    47% 14 $4,440,000 $317,143 $8,699 2.75%
    36% 13 $3,445,000 $265,000 $6,538 2.88%
    48% 12 $3,470,000 $289,167 $7,333 3.01%

    West Town Bank & Trust lent most frequently to those with DTI ratios of 30-36%, with 75 originations. The next most common DTI ratio? 20-30%, with 68 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 323 $93,105,000 $288,251 $5,891 2.91%
    Asian 113 $30,645,000 $271,195 $6,505 2.99%
    Not provided 53 $14,125,000 $266,509 $6,476 2.73%
    Black 25 $6,315,000 $252,600 $6,700 2.99%
    American Indian 3 $1,195,000 $398,333 $12,663 2.88%
    Not applicable 1 $155,000 $155,000 $0 4.35%
    Chinese 1 $145,000 $145,000 $0 4.35%

    Approval Rates

    Total approvals of all applications
    97.75%

    West Town Bank & Trust has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    90.75%

    West Town Bank & Trust has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 519 $145,685,000 $280,703

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    519 $145,685,000 $280,703

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 6 $1,340,000 $223,333 $3,184 2.83%
    40-60% 33 $6,555,000 $198,636 $3,695 2.66%
    60-80% 157 $39,135,000 $249,268 $4,387 3.02%
    80-100% 262 $77,070,000 $294,160 $6,470 2.94%
    Over 100% 37 $14,475,000 $391,216 $14,930 2.75%
    Under 20% 1 $45,000 $45,000 $1,527 3.25%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    West Town Bank & Trust 7820 West 26th Street North Riverside, IL 60546 Full Service B&M $343,568

    For 2021, West Town Bank & Trust had 1 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $15,295
    Net interest income $12,723
    Total noninterest income $15,232
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $222
    Trading account gains and fees $0
    Additional Noninterest Income $15,010
    Pre-tax net operating income $3,917
    Securities gains (or losses, -) $0
    Income before extraordinary items $5,664
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $5,664
    Minority interest net income $-631
    Net income $6,295
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $5,664

    West Town Bank & Trust's gross interest income from loans was $15,295,000.
    West Town Bank & Trust's net interest income from loans was $12,723,000.
    West Town Bank & Trust's fee based income from loans was $222,000.
    West Town Bank & Trust's net income from loans was $6,295,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,572
    Provision for credit losses $1,947
    Total noninterest expense $22,091
    Salaries and employee benefits $14,484
    Premises and equipment expense $558
    Additional noninterest expense $7,049
    Applicable income taxes $-1,747
    Net charge-offs $1,544
    Cash dividends $0

    West Town Bank & Trust's interest expense for loans was $2,572,000.
    West Town Bank & Trust's payroll and benefits expense were $14,484,000.
    West Town Bank & Trust's property, plant and equipment expenses $558,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 2.0%
    Real Estate loans 4.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 6.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    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 $352,800
    Deposits held in domestic offices $352,800
    Deposits by Individuals, partnerships, and corporations $351,643
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $656
    Deposits by Commercial banks and other depository institutions in U.S. $501
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $131,377
    Demand deposits $118,957
    Nontransaction accounts $221,423
    Money market deposit accounts (MMDAs) $48,647
    Other savings deposits (excluding MMDAs) $12,554
    Total time deposits $160,221
    Total time and savings deposits $233,843
    Noninterest-bearing deposits $118,957
    Interest-bearing deposits $233,843
    Retail deposits $284,123
    IRAs and Keogh plan accounts $10,517
    Brokered deposits $40,519
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $411,380
    Cash & Balances due from depository institutions $84,970
    Interest-bearing balances $81,656
    Total securities $20,671
    Federal funds sold & reverse repurchase $0
    Net loans and leases $281,958
    Loan and leases loss allowance $5,547
    Trading account assets $0
    Bank premises and fixed assets $4,050
    Other real estate owned $0
    Goodwill and other intangibles $4,047
    All other assets $15,684

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $411,380
    Total Liabilities $363,923
    Total deposits $352,800
    Interest-bearing deposits $233,843
    Deposits held in domestic offices $352,800
    % insured (estimated) $71
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $5,000
    Subordinated debt $0
    All other liabilities $6,123

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $281,958
    Loan and leases loss allowance $5,547
    Total loans and leases (domestic) $287,505
    All real estate loans $137,855
    Real estate loans in domestic offices $137,855
    Construction and development loans $20,524
    Residential 1-4 family construction $0
    Other construction, all land development and other land $20,524
    Loans secured by nonfarm nonresidential properties $78,965
    Nonfarm nonresidential secured by owner-occupied properties $72,698
    Commercial real estate & other non-farm, non-residential $6,267
    Multifamily residential real estate $6,847
    1-4 family residential loans $30,712
    Farmland loans $807
    Loans held in foreign offices $0
    Farm loans $8,584
    Commercial and industrial loans $140,992
    To non-U.S. addressees $0
    Loans to individuals $74
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $56
    Other loans to individuals $18
    All other loans & leases $0
    Loans to foreign governments and official institutions $0
    Other loans $0
    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 $566
    Non 1-4 family restructured loans & leases $566
    Total loans and leases (foreign) $0

    West Town Bank & Trust had $281,958,000 of loans outstanding in 2021. $137,855,000 of loans were in real estate loans. $20,524,000 of loans were in development loans. $6,847,000 of loans were in multifamily mortgage loans. $30,712,000 of loans were in 1-4 family mortgage loans. $8,584,000 of loans were in farm loans. $0 of loans were in credit card loans. $56,000 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 207 $42,822 $206,870
    Nonfarm, nonresidential loans - <$100k 98 $1,385 $14,133
    Nonfarm, nonresidential loans - $100-250k 44 $7,455 $169,432
    Nonfarm, nonresidential loans - $250k-1MM 65 $33,982 $522,800
    Commercial & Industrial, US addressed loans - <$1MM 846 $62,449 $73,817
    Commercial & Industrial, US addressed loans - <$100k 687 $7,673 $11,169
    Commercial & Industrial, US addressed loans - $100-250k 72 $12,172 $169,056
    Commercial & Industrial, US addressed loans - $250k-1MM 87 $42,604 $489,701
    Farmland loans - <$1MM 5 $807 $161,400
    Farmland loans - <$100k 3 $190 $63,333
    Farmland loans - $250k-1MM 2 $617 $308,500
    Agriculture operations loans - <$1MM 6 $869 $144,833
    Agriculture operations loans - <$100k 3 $100 $33,333
    Agriculture operations loans - $100-250k 1 $137 $137,000
    Agriculture operations loans - $250k-1MM 2 $632 $316,000