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
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Mortgage Data
Bank Data
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 include Baltimore, Morehead City, Washington, Virginia Beach, and Chicago among others. West Town Bank & Trust has
an above average
approval rate for mortages when compared nationally.
They have
a below average
pick rate when compared to the same sample of other lendors.
West Town Bank & Trust is typically
a high fee
lendor.
Originations
519
Origination Dollar Volume (All Markets)
$145,685,000
Employee count
94
Awards
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West Town Bank & Trust - 2021
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For 2021, less than of lenders were eligible for this award.
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Relative Rate
West Town Bank & Trust's average 30 year fixed rate mortgage of loans were
2.94%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of -0.21%.
Relative Fees
West Town Bank & Trust's average total fees for a 30 year fixed rate
mortgage are $6,328.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
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.
Product Mix
Loan Type |
Originations |
Total Value |
Average Loan |
Average Fees |
Average 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 the 2021 period, West Town Bank & Trust's most frequently
originated loan type
of loans were Conventional, with 341 originations.
Their 2nd most popular type is VA,
with 125 originations.
Loan Reason
Loan Reason |
Originations |
Total Value |
Average Loan |
Average Fees |
Average 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 the 2021, West Town Bank & Trust's most frequently cited loan
purpose
of loans were Home Purchase, with 304
originations.
The 2nd most popular reason of loans were 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 the 2021, West Town Bank & Trust's most frequently cited loan
length
of loans were 30 Year, with 477 originations.
The 2nd most popular length of loans were 15 Year,
with 29 originations.
Origination Fees
Origination Fee |
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 |
41 |
$12,045,000 |
$293,780 |
$5k+ |
2 |
$550,000 |
$275,000 |
$6,328 of loans were West Town Bank & Trust's
average total fees, while their most
frequently occuring range of origination fees 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 of loans were 2.94%, while their
most frequently originated rate bucket of loans were 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
97.30%
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
87.09%
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
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.
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 |