Inland Bank & Trust Mortgage Rates, Fees & Info

Oak Brook, IL

LEI: 549300BU5TSYOCF3Y655

Tax ID: 36-2895618

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Review & Overview

Inland Bank & Trust is a small bank specializing in Refi and Home Purchase loans. Inland 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: Chicago, New York, Boston, Springfield, and Worcester among others. We have data for 188 markets. (Some data included below & more in-depth data is available with an active subscription.)

Inland Bank & Trust has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Inland 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.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™ Mortgage Type	Simulated Rate	Simulation Date
30 Year Conventional Purchase	6.80%	3/24/24
30 Year Conventional Refi	6.62%	3/24/24
30 Year Cash-out Refi	6.86%	3/24/24
30 Year FHA Purchase	7.69%	3/24/24
30 Year FHA Refi	6.27%	3/24/24
30 Year VA Purchase	6.49%	3/24/24
30 Year USDA Purchase	7.39%	3/24/24
15 Year Conventional Purchase	5.33%	3/24/24
15 Year Conventional Refi	6.13%	3/24/24
15 Year Cash-out Refi	6.13%	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.

Inland Bank & Trust Mortgage Calculator

Purchase Price:

Loan Amount:

Deposit Amount:

% Deposit:

Interest Rate:

Loan Type:

Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Inland Bank & Trust. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.

Originations

3,919

Origination Dollar Volume (All Markets)

$1,029,495,000

Employee count

306

Awards

INLAND BANK & TRUST 30 Year Conventional Loans silver

Show all (4) awards

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
Chicago-Naperville-Elgin, IL-IN-WI (FHA\|USDA\|VA)	2,123	$567,575,000	$267,346	$3,380	3.07%
New York-Newark-Jersey City, NY-NJ-PA (FHA\|USDA\|VA)	171	$70,875,000	$414,474	$8,076	3.01%
Boston-Cambridge-Newton, MA-NH (FHA\|USDA\|VA)	148	$67,870,000	$458,581	$4,315	3.15%
SPRINGFIELD, MA (FHA\|USDA\|VA)	253	$40,245,000	$159,071	$5,648	3.46%
WORCESTER, MA-CT (FHA\|USDA\|VA)	139	$32,375,000	$232,914	$3,742	3.14%
PROVIDENCE-WARWICK, RI-MA (FHA\|USDA\|VA)	101	$25,415,000	$251,634	$4,572	3.13%
PHOENIX-MESA-CHANDLER, AZ (FHA\|USDA\|VA)	67	$18,375,000	$274,254	$3,973	3.21%
WICHITA, KS (FHA\|USDA\|VA)	79	$13,835,000	$175,127	$3,321	3.21%
Whitewater, WI (FHA\|USDA\|VA)	51	$13,155,000	$257,941	$2,853	3.55%
PEORIA, IL (FHA\|USDA\|VA)	120	$9,350,000	$77,917	$2,902	2.40%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA\|USDA\|VA)	14	$6,430,000	$459,286	$5,242	3.05%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA\|USDA\|VA)	22	$5,560,000	$252,727	$5,050	3.21%
Outside of Metro Areas	31	$5,515,000	$177,903	$3,423	3.10%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA\|USDA\|VA)	9	$5,295,000	$588,333	$5,148	3.08%
Los Angeles-Long Beach-Anaheim, CA (FHA\|USDA\|VA)	8	$4,760,000	$595,000	$5,256	3.36%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA\|USDA\|VA)	16	$4,600,000	$287,500	$4,594	3.22%
CLEVELAND-ELYRIA, OH (FHA\|USDA\|VA)	26	$4,510,000	$173,462	$3,347	3.22%
SPRINGFIELD, IL (FHA\|USDA\|VA)	46	$4,310,000	$93,696	$3,615	2.32%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA\|USDA\|VA)	13	$4,015,000	$308,846	$3,305	3.45%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA\|USDA\|VA)	12	$3,880,000	$323,333	$5,887	3.16%
DENVER-AURORA-LAKEWOOD, CO (FHA\|USDA\|VA)	11	$3,785,000	$344,091	$3,193	2.81%
MILWAUKEE-WAUKESHA, WI (FHA\|USDA\|VA)	13	$3,185,000	$245,000	$2,402	3.03%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA\|USDA\|VA)	8	$3,150,000	$393,750	$2,668	2.95%
Seattle-Tacoma-Bellevue, WA (FHA\|USDA\|VA)	6	$3,040,000	$506,667	$3,858	3.50%
NAPLES-MARCO ISLAND, FL (FHA\|USDA\|VA)	8	$2,980,000	$372,500	$5,272	2.89%
North Port-Sarasota-Bradenton, FL (FHA\|USDA\|VA)	7	$2,805,000	$400,714	$4,490	3.64%
BARNSTABLE TOWN, MA (FHA\|USDA\|VA)	9	$2,765,000	$307,222	$3,697	3.11%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	9	$2,635,000	$292,778	$5,769	3.44%
Detroit-Warren-Dearborn, MI (FHA\|USDA\|VA)	13	$2,425,000	$186,538	$3,302	3.94%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA\|USDA\|VA)	6	$2,420,000	$403,333	$3,603	3.06%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA\|USDA\|VA)	8	$2,420,000	$302,500	$4,981	2.78%
CAPE CORAL-FORT MYERS, FL (FHA\|USDA\|VA)	8	$2,260,000	$282,500	$3,240	2.84%
ROCKFORD, IL (FHA\|USDA\|VA)	16	$2,230,000	$139,375	$3,315	3.37%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA\|USDA\|VA)	9	$2,155,000	$239,444	$6,689	2.88%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA\|USDA\|VA)	6	$2,100,000	$350,000	$3,238	3.42%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA\|USDA\|VA)	7	$2,025,000	$289,286	$2,777	4.02%
COLUMBIA, SC (FHA\|USDA\|VA)	10	$2,010,000	$201,000	$4,117	3.49%
AKRON, OH (FHA\|USDA\|VA)	8	$1,920,000	$240,000	$3,936	3.27%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA\|USDA\|VA)	5	$1,785,000	$357,000	$7,075	3.23%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA\|USDA\|VA)	6	$1,770,000	$295,000	$3,648	3.50%
Vineyard Haven, MA (FHA\|USDA\|VA)	3	$1,765,000	$588,333	$6,590	3.17%
Heber, UT (FHA\|USDA\|VA)	2	$1,710,000	$855,000	$3,949	3.19%
KANSAS CITY, MO-KS (FHA\|USDA\|VA)	6	$1,630,000	$271,667	$2,140	3.06%
RALEIGH-CARY, NC (FHA\|USDA\|VA)	5	$1,485,000	$297,000	$5,131	2.83%
Keene, NH (FHA\|USDA\|VA)	10	$1,470,000	$147,000	$2,997	3.46%
Key West, FL (FHA\|USDA\|VA)	2	$1,440,000	$720,000	$7,597	3.31%
URBAN HONOLULU, HI (FHA\|USDA\|VA)	1	$1,265,000	$1,265,000	$7,977	3.00%
MICHIGAN CITY-LA PORTE, IN (FHA\|USDA\|VA)	7	$1,245,000	$177,857	$2,792	3.43%
KNOXVILLE, TN (FHA\|USDA\|VA)	4	$1,210,000	$302,500	$3,979	3.94%
DURHAM-CHAPEL HILL, NC (FHA\|USDA\|VA)	3	$1,195,000	$398,333	$4,058	2.92%
San Francisco-Oakland-Berkeley, CA (FHA\|USDA\|VA)	2	$1,130,000	$565,000	$3,333	2.88%
PENSACOLA-FERRY PASS-BRENT, FL (FHA\|USDA\|VA)	3	$1,105,000	$368,333	$7,878	3.04%
BLOOMINGTON, IL (FHA\|USDA\|VA)	14	$1,100,000	$78,571	$2,914	2.25%
FARGO, ND-MN (FHA\|USDA\|VA)	4	$1,060,000	$265,000	$2,938	3.28%
Ottawa, IL (FHA\|USDA\|VA)	9	$1,055,000	$117,222	$3,353	2.11%
NILES, MI (FHA\|USDA\|VA)	4	$1,040,000	$260,000	$3,860	2.78%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA\|USDA\|VA)	2	$1,040,000	$520,000	$5,923	3.25%
TRENTON-PRINCETON, NJ (FHA\|USDA\|VA)	3	$1,005,000	$335,000	$4,011	3.08%
SANTA ROSA-PETALUMA, CA (FHA\|USDA\|VA)	2	$970,000	$485,000	$3,816	3.63%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA\|USDA\|VA)	3	$955,000	$318,333	$4,698	2.88%
OKLAHOMA CITY, OK (FHA\|USDA\|VA)	6	$950,000	$158,333	$3,007	3.67%
WINSTON-SALEM, NC (FHA\|USDA\|VA)	3	$935,000	$311,667	$3,432	2.71%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA\|USDA\|VA)	2	$920,000	$460,000	$3,892	2.81%
Breckenridge, CO (FHA\|USDA\|VA)	2	$910,000	$455,000	$3,332	2.94%
NORWICH-NEW LONDON, CT (FHA\|USDA\|VA)	3	$885,000	$295,000	$2,796	4.46%
MEDFORD, OR (FHA\|USDA\|VA)	2	$850,000	$425,000	$3,236	3.56%
JANESVILLE-BELOIT, WI (FHA\|USDA\|VA)	4	$840,000	$210,000	$3,032	3.16%
GRANTS PASS, OR (FHA\|USDA\|VA)	2	$820,000	$410,000	$3,335	3.44%
ST. LOUIS, MO-IL (FHA\|USDA\|VA)	3	$785,000	$261,667	$2,766	3.25%
Holland, MI (FHA\|USDA\|VA)	3	$775,000	$258,333	$2,020	3.83%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	4	$760,000	$190,000	$4,968	4.59%
KINGSTON, NY (FHA\|USDA\|VA)	3	$755,000	$251,667	$3,762	2.83%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA\|USDA\|VA)	2	$740,000	$370,000	$5,450	2.63%
GLENS FALLS, NY (FHA\|USDA\|VA)	2	$730,000	$365,000	$6,924	2.94%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA\|USDA\|VA)	3	$715,000	$238,333	$3,770	3.08%
Rochelle, IL (FHA\|USDA\|VA)	5	$695,000	$139,000	$3,392	2.88%
FLAGSTAFF, AZ (FHA\|USDA\|VA)	2	$680,000	$340,000	$3,767	3.31%
TULSA, OK (FHA\|USDA\|VA)	2	$650,000	$325,000	$4,208	3.25%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA\|USDA\|VA)	1	$605,000	$605,000	$2,881	2.63%
GRAND RAPIDS-KENTWOOD, MI (FHA\|USDA\|VA)	2	$560,000	$280,000	$2,963	3.63%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA\|USDA\|VA)	2	$550,000	$275,000	$2,404	3.31%
LONGVIEW, WA (FHA\|USDA\|VA)	3	$545,000	$181,667	$13,045	3.58%
FORT COLLINS, CO (FHA\|USDA\|VA)	2	$530,000	$265,000	$2,615	3.38%
SHEBOYGAN, WI (FHA\|USDA\|VA)	2	$530,000	$265,000	$2,429	4.50%
JACKSONVILLE, FL (FHA\|USDA\|VA)	2	$530,000	$265,000	$3,842	3.56%
ANN ARBOR, MI (FHA\|USDA\|VA)	1	$515,000	$515,000	$3,101	3.13%
DAYTON-KETTERING, OH (FHA\|USDA\|VA)	1	$505,000	$505,000	$4,443	3.00%
PROVO-OREM, UT (FHA\|USDA\|VA)	2	$500,000	$250,000	$2,655	3.69%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA\|USDA\|VA)	2	$500,000	$250,000	$2,640	3.44%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA\|USDA\|VA)	3	$495,000	$165,000	$3,430	3.04%
FORT WAYNE, IN (FHA\|USDA\|VA)	2	$490,000	$245,000	$4,040	3.44%
CHARLESTON-NORTH CHARLESTON, SC (FHA\|USDA\|VA)	2	$490,000	$245,000	$5,473	3.38%
Kalispell, MT (FHA\|USDA\|VA)	1	$485,000	$485,000	$2,996	3.00%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA\|USDA\|VA)	1	$485,000	$485,000	$1,532	2.88%
NEW HAVEN-MILFORD, CT (FHA\|USDA\|VA)	3	$485,000	$161,667	$5,494	2.96%
Laconia, NH (FHA\|USDA\|VA)	2	$480,000	$240,000	$2,907	2.88%
CHARLOTTESVILLE, VA (FHA\|USDA\|VA)	1	$475,000	$475,000	$4,064	3.25%
Pinehurst-Southern Pines, NC (FHA\|USDA\|VA)	1	$475,000	$475,000	$2,737	3.00%
TUCSON, AZ (FHA\|USDA\|VA)	1	$455,000	$455,000	$3,924	3.00%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA\|USDA\|VA)	2	$440,000	$220,000	$2,880	3.19%
LA CROSSE-ONALASKA, WI-MN (FHA\|USDA\|VA)	1	$435,000	$435,000	$2,582	2.63%
Taylorville, IL (FHA\|USDA\|VA)	5	$435,000	$87,000	$3,282	2.58%
Sandusky, OH (FHA\|USDA\|VA)	2	$430,000	$215,000	$3,652	3.44%
Morehead City, NC (FHA\|USDA\|VA)	2	$430,000	$215,000	$3,529	2.94%
ROCKY MOUNT, NC (FHA\|USDA\|VA)	1	$425,000	$425,000	$3,547	3.38%
SALT LAKE CITY, UT (FHA\|USDA\|VA)	1	$415,000	$415,000	$3,776	2.75%
GREENVILLE, NC (FHA\|USDA\|VA)	1	$415,000	$415,000	$4,572	2.50%
MEMPHIS, TN-MS-AR (FHA\|USDA\|VA)	2	$410,000	$205,000	$2,887	3.31%
Plymouth, IN (FHA\|USDA\|VA)	1	$405,000	$405,000	$3,136	3.00%
Hutchinson, KS (FHA\|USDA\|VA)	3	$395,000	$131,667	$2,421	3.42%
DECATUR, AL (FHA\|USDA\|VA)	2	$390,000	$195,000	$2,959	3.31%
SIERRA VISTA-DOUGLAS, AZ (FHA\|USDA\|VA)	1	$385,000	$385,000	$3,610	2.88%
CINCINNATI, OH-KY-IN (FHA\|USDA\|VA)	1	$375,000	$375,000	$5,817	3.25%
Dixon, IL (FHA\|USDA\|VA)	3	$375,000	$125,000	$4,236	5.04%
APPLETON, WI (FHA\|USDA\|VA)	1	$355,000	$355,000	$2,482	2.88%
RACINE, WI (FHA\|USDA\|VA)	2	$350,000	$175,000	$3,195	3.38%
Watertown-Fort Atkinson, WI (FHA\|USDA\|VA)	2	$350,000	$175,000	$3,864	3.31%
BEND, OR (FHA\|USDA\|VA)	1	$345,000	$345,000	$3,305	2.88%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA\|USDA\|VA)	1	$345,000	$345,000	$3,184	3.13%
MANCHESTER-NASHUA, NH (FHA\|USDA\|VA)	1	$345,000	$345,000	$4,350	2.88%
DOVER, DE (FHA\|USDA\|VA)	1	$335,000	$335,000	$10,358	2.50%
Ashtabula, OH (FHA\|USDA\|VA)	1	$325,000	$325,000	$5,454	3.88%
GAINESVILLE, GA (FHA\|USDA\|VA)	1	$325,000	$325,000	$3,970	3.50%
ALBANY-SCHENECTADY-TROY, NY (FHA\|USDA\|VA)	2	$320,000	$160,000	$3,832	3.38%
Concord, NH (FHA\|USDA\|VA)	2	$310,000	$155,000	$2,913	3.38%
Torrington, CT (FHA\|USDA\|VA)	1	$305,000	$305,000	$4,502	2.25%
FLINT, MI (FHA\|USDA\|VA)	2	$300,000	$150,000	$2,942	3.69%
Winfield, KS (FHA\|USDA\|VA)	2	$300,000	$150,000	$2,426	3.19%
LAKE HAVASU CITY-KINGMAN, AZ (FHA\|USDA\|VA)	1	$295,000	$295,000	$2,330	3.63%
EAST STROUDSBURG, PA (FHA\|USDA\|VA)	1	$295,000	$295,000	$5,360	2.63%
FAIRBANKS, AK (FHA\|USDA\|VA)	1	$295,000	$295,000	$4,019	2.88%
Findlay, OH (FHA\|USDA\|VA)	1	$295,000	$295,000	$3,842	4.00%
PORT ST. LUCIE, FL (FHA\|USDA\|VA)	1	$285,000	$285,000	$2,871	3.38%
CHAMPAIGN-URBANA, IL (FHA\|USDA\|VA)	3	$275,000	$91,667	$2,478	2.08%
ELKHART-GOSHEN, IN (FHA\|USDA\|VA)	2	$270,000	$135,000	$1,952	3.00%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA\|USDA\|VA)	1	$265,000	$265,000	$10,660	3.25%
Payson, AZ (FHA\|USDA\|VA)	1	$265,000	$265,000	$3,396	3.38%
LANSING-EAST LANSING, MI (FHA\|USDA\|VA)	1	$265,000	$265,000	$2,721	4.38%
NEW BERN, NC (FHA\|USDA\|VA)	1	$265,000	$265,000	$2,986	2.25%
LEBANON, PA (FHA\|USDA\|VA)	1	$255,000	$255,000	$3,675	2.50%
Sevierville, TN (FHA\|USDA\|VA)	1	$255,000	$255,000	$3,460	2.88%
GREENSBORO-HIGH POINT, NC (FHA\|USDA\|VA)	1	$245,000	$245,000	$1,298	2.75%
North Platte, NE (FHA\|USDA\|VA)	1	$245,000	$245,000	$2,613	3.50%
Tullahoma-Manchester, TN (FHA\|USDA\|VA)	2	$240,000	$120,000	$6,455	4.63%
KANKAKEE, IL (FHA\|USDA\|VA)	1	$235,000	$235,000	$3,259	3.38%
GREEN BAY, WI (FHA\|USDA\|VA)	1	$235,000	$235,000	$2,557	2.88%
Baraboo, WI (FHA\|USDA\|VA)	1	$225,000	$225,000	$2,152	2.63%
Ruidoso, NM (FHA\|USDA\|VA)	1	$215,000	$215,000	$2,473	2.75%
Fergus Falls, MN (FHA\|USDA\|VA)	1	$215,000	$215,000	$7,996	3.63%
Pella, IA (FHA\|USDA\|VA)	1	$205,000	$205,000	$2,542	3.00%
Warsaw, IN (FHA\|USDA\|VA)	1	$205,000	$205,000	$2,441	3.25%
ASHEVILLE, NC (FHA\|USDA\|VA)	1	$195,000	$195,000	$2,818	3.38%
COLORADO SPRINGS, CO (FHA\|USDA\|VA)	1	$195,000	$195,000	$2,832	3.63%
MADISON, WI (FHA\|USDA\|VA)	1	$185,000	$185,000	$4,509	2.75%
BATON ROUGE, LA (FHA\|USDA\|VA)	1	$185,000	$185,000	$3,089	3.50%
SOUTH BEND-MISHAWAKA, IN-MI (FHA\|USDA\|VA)	1	$185,000	$185,000	$2,824	4.13%
Wooster, OH (FHA\|USDA\|VA)	1	$185,000	$185,000	$3,384	2.88%
Centralia, WA (FHA\|USDA\|VA)	1	$185,000	$185,000	$3,742	3.63%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA\|USDA\|VA)	1	$175,000	$175,000	$2,365	2.88%
Show Low, AZ (FHA\|USDA\|VA)	1	$175,000	$175,000	$3,022	3.25%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA\|USDA\|VA)	1	$175,000	$175,000	$0	4.00%
REDDING, CA (FHA\|USDA\|VA)	1	$165,000	$165,000	$2,726	3.63%
Seneca, SC (FHA\|USDA\|VA)	1	$165,000	$165,000	$3,084	3.50%
Malvern, AR (FHA\|USDA\|VA)	1	$165,000	$165,000	$3,339	2.88%
Jacksonville, IL (FHA\|USDA\|VA)	1	$165,000	$165,000	$2,150	2.63%
CHATTANOOGA, TN-GA (FHA\|USDA\|VA)	1	$165,000	$165,000	$7,583	2.75%
FAYETTEVILLE, NC (FHA\|USDA\|VA)	1	$145,000	$145,000	$6,100	3.00%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA\|USDA\|VA)	1	$145,000	$145,000	$3,211	3.38%
Galesburg, IL (FHA\|USDA\|VA)	3	$145,000	$48,333	$1,688	2.08%
YORK-HANOVER, PA (FHA\|USDA\|VA)	1	$145,000	$145,000	$6,562	2.75%
BELLINGHAM, WA (FHA\|USDA\|VA)	1	$135,000	$135,000	$2,816	3.88%
LAWRENCE, KS (FHA\|USDA\|VA)	1	$135,000	$135,000	$2,137	3.00%
PITTSFIELD, MA (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	2.75%
Stevens Point, WI (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	6.00%
McPherson, KS (FHA\|USDA\|VA)	1	$135,000	$135,000	$5,169	2.75%
WARNER ROBINS, GA (FHA\|USDA\|VA)	2	$130,000	$65,000	$4,507	1.88%
WILMINGTON, NC (FHA\|USDA\|VA)	1	$125,000	$125,000	$2,932	4.00%
BRUNSWICK, GA (FHA\|USDA\|VA)	1	$125,000	$125,000	$3,624	2.75%
KENNEWICK-RICHLAND, WA (FHA\|USDA\|VA)	1	$105,000	$105,000	$2,914	3.25%
Poplar Bluff, MO (FHA\|USDA\|VA)	1	$105,000	$105,000	$2,333	3.88%
Lincoln, IL (FHA\|USDA\|VA)	2	$100,000	$50,000	$2,650	1.50%
LAKELAND-WINTER HAVEN, FL (FHA\|USDA\|VA)	1	$85,000	$85,000	$2,998	3.63%
TOPEKA, KS (FHA\|USDA\|VA)	1	$85,000	$85,000	$1,666	2.88%
Macomb, IL (FHA\|USDA\|VA)	2	$80,000	$40,000	$1,570	1.69%
Freeport, IL (FHA\|USDA\|VA)	2	$80,000	$40,000	$1,752	1.63%
Tupelo, MS (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	4.50%
TERRE HAUTE, IN (FHA\|USDA\|VA)	1	$55,000	$55,000	$2,572	2.88%
Sterling, IL (FHA\|USDA\|VA)	1	$45,000	$45,000	$3,119	3.38%

Inland Bank & Trust's top markets include Chicago, New York, Boston, Springfield, and Worcester among others.

Their top states include:

Illinois (FHA|USDA|VA)

Massachusetts (FHA|USDA|VA)

New York (FHA|USDA|VA)

Wisconsin (FHA|USDA|VA)

Florida (FHA|USDA|VA)

Similar Lenders

We use machine learning to identify the top lenders compared against INLAND BANK & TRUST based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

The Greenwood's State Bank
Similarity Rank: 81

GOLDEN PLAINS
Similarity Rank: 114

The First National Bank of Long Island
Similarity Rank: 134

Rock Valley Credit Union
Similarity Rank: 135

Homestar Mortgage, Inc.
Similarity Rank: 166

SOMERSET
Similarity Rank: 169

Florence Bank
Similarity Rank: 174

SKYWARD
Similarity Rank: 189

Ohio Catholic Federal Credit Union
Similarity Rank: 203

North Jersey Federal Credit Union
Similarity Rank: 247

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	3,380	$908,360,000	$268,746	$3,184	3.08%
FHA	428	$91,830,000	$214,556	$9,045	3.32%
VA	87	$24,815,000	$285,230	$4,560	2.93%
USDA	24	$4,490,000	$187,083	$5,199	3.19%

For 2020, Inland Bank & Trust's most frequently originated type of loan was Conventional, with 3,380 originations. Their 2nd most popular type was FHA, with 428 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Refi	1,715	$516,005,000	$300,878	$2,827	3.08%
Home Purchase	1,687	$376,135,000	$222,961	$5,061	3.01%
Cash Out Refi	470	$129,950,000	$276,489	$3,773	3.34%
Other	43	$7,045,000	$163,837	$1,850	4.70%
Home Improvement	4	$360,000	$90,000	$1,137	4.53%

For 2020, Inland Bank & Trust's most frequently cited loan purpose was Refi, with 1,715 originations. The 2nd most popular reason was Home Purchase, with 1,687 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	2,838	$789,730,000	$278,270	$4,498	3.23%
15 Year	529	$118,445,000	$223,904	$2,672	2.68%
20 Year	231	$62,305,000	$269,719	$2,934	3.06%
10 Year	225	$14,305,000	$63,578	$560	2.59%
Other	74	$42,750,000	$577,703	$3,409	3.42%
5 Year	21	$1,555,000	$74,048	$0	0.37%
1 Year	1	$405,000	$405,000	$0	4.25%

For 2020, Inland Bank & Trust's most frequently cited loan duration was 30 Year, with 2,838 originations. The 2nd most popular length was 15 Year, with 529 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$1k-2k	2,583	$712,865,000	$275,983
$<1k	419	$32,745,000	$78,150
$2k-3k	328	$91,350,000	$278,506
$3k-4k	198	$51,730,000	$261,263
$5k+	135	$52,855,000	$391,519
$4k-5k	94	$30,210,000	$321,383

Inland Bank & Trust's average total fees were $4,498, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,583 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
3-4%	1,720	$479,260,000	$278,640
2.5-3%	1,496	$429,800,000	$287,299
<2.5%	433	$65,645,000	$151,605
4-5%	166	$43,700,000	$263,253
5-6%	80	$10,400,000	$130,000
7-8%	21	$115,000	$5,476
6-7%	3	$575,000	$191,667

During 2020, Inland Bank & Trust's average interest rate for loans was 3.23%, while their most frequently originated rate bucket for loans was 3-4%, with 1,720 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	1,753	$494,385,000	$282,022	$4,277	3.15%
$100k-200k	1,080	$169,340,000	$156,796	$3,814	3.28%
$400k-600k	492	$235,510,000	$478,679	$4,574	3.12%
$100,000 or less	475	$18,345,000	$38,621	$1,347	2.42%
$600k-1MM	93	$66,325,000	$713,172	$6,149	3.26%
$1MM+	26	$45,590,000	$1,753,462	$5,908	3.54%

2020 saw Inland Bank & Trust place emphasis on $200k-400k loans with 1,753 originations, totaling $494,385,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	855	$247,785,000	$289,807	$3,972	3.18%
$50k-75k	803	$144,975,000	$180,542	$4,251	3.04%
$150k-250k	688	$242,410,000	$352,340	$3,551	3.19%
$75k-100k	671	$154,975,000	$230,961	$4,033	3.12%
$50k or less	560	$65,410,000	$116,804	$3,654	2.81%
$250k+	287	$135,845,000	$473,328	$3,632	3.27%

Inland Bank & Trust lent most frequently to those with incomes in the $100k-150k range, with 855 originations. The second most popular income band? $50k-75k, with 803 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	852	$232,650,000	$273,063	$3,233	3.08%
30-36%	783	$205,505,000	$262,458	$3,539	3.06%
<20%	262	$75,590,000	$288,511	$3,088	3.05%
44%	234	$51,460,000	$219,915	$4,727	2.92%
43%	179	$41,985,000	$234,553	$4,294	3.06%
41%	177	$42,035,000	$237,486	$4,230	2.91%
38%	171	$42,265,000	$247,164	$4,063	3.07%
42%	169	$42,035,000	$248,728	$3,959	3.24%
40%	151	$35,805,000	$237,119	$3,595	3.09%
39%	151	$37,355,000	$247,384	$3,605	3.40%
37%	143	$39,355,000	$275,210	$4,335	3.19%
36%	134	$33,240,000	$248,060	$3,873	3.18%
45%	84	$20,510,000	$244,167	$4,552	3.13%
49%	84	$20,420,000	$243,095	$4,988	3.26%
50-60%	76	$17,190,000	$226,184	$8,057	2.92%
46%	73	$17,785,000	$243,630	$5,284	3.31%
47%	69	$16,715,000	$242,246	$5,179	3.40%
48%	56	$15,090,000	$269,464	$5,690	3.25%
>60%	1	$5,000	$5,000	$0	0.00%

Inland Bank & Trust lent most frequently to those with DTI ratios of 20-30%, with 852 originations. The next most common DTI ratio? 30-36%, with 783 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	3,338	$855,210,000	$256,204	$3,797	3.11%
Not provided	204	$56,310,000	$276,029	$4,421	2.95%
Asian	166	$51,160,000	$308,193	$3,881	3.15%
Black	158	$32,030,000	$202,722	$5,083	2.95%
Not applicable	23	$27,405,000	$1,191,522	$0	3.97%
American Indian	14	$2,890,000	$206,429	$4,489	3.01%
Asian Indian	5	$1,655,000	$331,000	$2,545	2.70%
Native Hawaiian or Islander	4	$670,000	$167,500	$4,758	3.28%
Vietnamese	1	$665,000	$665,000	$2,245	2.88%
Chinese	3	$485,000	$161,667	$2,671	3.29%
Other Asian	1	$465,000	$465,000	$4,965	2.75%
Japanese	1	$305,000	$305,000	$1,910	3.00%
Filipino	1	$245,000	$245,000	$5,055	3.00%

Approval Rates

Total approvals of all applications
93.90%

Inland Bank & Trust has an average approval rate.

Pick Rate

Approvals leading to origination
87.57%

Inland Bank & Trust has an average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
NA	3,919	$1,029,495,000	$262,693

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Multifamily:Site-Built	24	$29,110,000	$1,212,917
Single Family (1-4 Units):Manufactured	5	$1,075,000	$215,000
Single Family (1-4 Units):Site-Built	3,890	$999,310,000	$256,892

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	111	$26,345,000	$237,342	$2,552	3.12%
40-60%	498	$138,200,000	$277,510	$2,977	3.02%
60-80%	1,477	$461,415,000	$312,400	$3,308	3.18%
80-100%	1,532	$395,860,000	$258,394	$5,485	3.28%
Over 100%	6	$1,900,000	$316,667	$11,350	3.52%
Under 20%	295	$5,775,000	$19,576	$134	1.88%

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
Inland Bank & Trust	10 Landover Parkway Hawthorn Woods, IL 60047	Full Service B&M	$76,312
Inland Bank & Trust	1000 W Washington Blvd Chicago, IL 60607	Full Service B&M	$8,896
Inland Bank & Trust	1100 South Rand Road Lake Zurich, IL 60047	Full Service B&M	$250,957
Inland Bank & Trust	1900 West State Street Geneva, IL 60134	Full Service B&M	$87,563
Inland Bank & Trust	2225 South Wolf Road Hillside, IL 60162	Full Service B&M	$161,354
Inland Bank & Trust	2805 Butterfield Rd Oak Brook, IL 60523	Full Service Cyber Office	$24,982
Inland Bank & Trust	2805 Butterfield Road Oak Brook, IL 60523	Full Service B&M	$0
Inland Bank & Trust	305 West Saint Charles Road Villa Park, IL 60181	Full Service B&M	$76,568
Inland Bank & Trust	337 West Dundee Road Wheeling, IL 60090	Full Service B&M	$10,743
Inland Bank & Trust	520 Crescent Boulevard Glen Ellyn, IL 60137	Full Service B&M	$48,214
Inland Bank & Trust	539 Spring Road Elmhurst, IL 60126	Full Service B&M	$26,467
Inland Bank & Trust	5465 South La Grange Road Countryside, IL 60525	Full Service B&M	$91,137
Inland Bank & Trust	6111 West Dempster Avenue Morton Grove, IL 60053	Full Service B&M	$124,554
Inland Bank & Trust	837 South Westmore Avenue Lombard, IL 60148	Full Service B&M	$51,227

For 2020, Inland Bank & Trust had 14 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$42,216
Net interest income	$34,514
Total noninterest income	$41,618
Gross Fiduciary activities income	$0
Service charges on deposit accounts	$520
Trading account gains and fees	$0
Additional Noninterest Income	$41,098
Pre-tax net operating income	$19,337
Securities gains (or losses, -)	$329
Income before extraordinary items	$14,499
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$14,499
Minority interest net income	$0
Net income	$14,499
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$14,239

Inland Bank & Trust's gross interest income from loans was $42,216,000.
Inland Bank & Trust's net interest income from loans was $34,514,000.
Inland Bank & Trust's fee based income from loans was $520,000.
Inland Bank & Trust's net income from loans was $14,499,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$7,702
Provision for credit losses	$3,800
Total noninterest expense	$52,995
Salaries and employee benefits	$38,065
Premises and equipment expense	$3,916
Additional noninterest expense	$11,014
Applicable income taxes	$5,167
Net charge-offs	$1,202
Cash dividends	$0

Inland Bank & Trust's interest expense for loans was $7,702,000.
Inland Bank & Trust's payroll and benefits expense were $38,065,000.
Inland Bank & Trust's property, plant and equipment expenses $3,916,000.

Loan Performance

Type of Loan	% of Loans Noncurrent (30+ days, end of period snapshot)
All loans	0.0%
Real Estate loans	0.0%
Construction & Land Development loans	0.0%
Nonfarm, nonresidential loans	0.0%
Multifamily residential loans	0.0%
1-4 family residential loans	0.0%
HELOC loans	2.0%
All other family	0.0%
Commercial & industrial loans	3.0%
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	$1,106,197
Deposits held in domestic offices	$1,106,197
Deposits by Individuals, partnerships, and corporations	$1,031,171
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$73,166
Deposits by Commercial banks and other depository institutions in U.S.	$1,860
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$273,448
Demand deposits	$190,036
Nontransaction accounts	$832,749
Money market deposit accounts (MMDAs)	$444,374
Other savings deposits (excluding MMDAs)	$49,315
Total time deposits	$339,060
Total time and savings deposits	$916,161
Noninterest-bearing deposits	$190,036
Interest-bearing deposits	$916,161
Retail deposits	$1,032,364
IRAs and Keogh plan accounts	$36,929
Brokered deposits	$0
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$1,288,228
Cash & Balances due from depository institutions	$110,220
Interest-bearing balances	$104,563
Total securities	$242,261
Federal funds sold & reverse repurchase	$6
Net loans and leases	$892,138
Loan and leases loss allowance	$13,297
Trading account assets	$0
Bank premises and fixed assets	$11,181
Other real estate owned	$1,288
Goodwill and other intangibles	$39
All other assets	$31,095

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$1,288,228
Total Liabilities	$1,126,788
Total deposits	$1,106,197
Interest-bearing deposits	$916,161
Deposits held in domestic offices	$1,106,197
% insured (estimated)	$79
Federal funds purchased and repurchase agreements	$386
Trading liabilities	$0
Other borrowed funds	$4,000
Subordinated debt	$0
All other liabilities	$16,205

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$892,138
Loan and leases loss allowance	$13,297
Total loans and leases (domestic)	$905,435
All real estate loans	$772,450
Real estate loans in domestic offices	$772,450
Construction and development loans	$59,733
Residential 1-4 family construction	$5,377
Other construction, all land development and other land	$54,356
Loans secured by nonfarm nonresidential properties	$416,217
Nonfarm nonresidential secured by owner-occupied properties	$96,439
Commercial real estate & other non-farm, non-residential	$319,778
Multifamily residential real estate	$111,218
1-4 family residential loans	$185,235
Farmland loans	$47
Loans held in foreign offices	$0
Farm loans	$0
Commercial and industrial loans	$93,658
To non-U.S. addressees	$0
Loans to individuals	$684
Credit card loans	$0
Related Plans	$29
Consumer Auto Loans	$134
Other loans to individuals	$521
All other loans & leases	$39,331
Loans to foreign governments and official institutions	$0
Other loans	$39,331
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	$12,060
Non 1-4 family restructured loans & leases	$10,208
Total loans and leases (foreign)	$0

INLAND BANK & TRUST had $892,138,000 of loans outstanding in 2020. $772,450,000 of loans were in real estate loans. $59,733,000 of loans were in development loans. $111,218,000 of loans were in multifamily mortgage loans. $185,235,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $134,000 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	210	$64,506	$307,171
Nonfarm, nonresidential loans - <$100k	19	$1,000	$52,632
Nonfarm, nonresidential loans - $100-250k	64	$8,506	$132,906
Nonfarm, nonresidential loans - $250k-1MM	127	$55,000	$433,071
Commercial & Industrial, US addressed loans - <$1MM	555	$46,762	$84,256
Commercial & Industrial, US addressed loans - <$100k	417	$10,316	$24,739
Commercial & Industrial, US addressed loans - $100-250k	69	$9,400	$136,232
Commercial & Industrial, US addressed loans - $250k-1MM	69	$27,046	$391,971
Farmland loans - <$1MM	1	$47	$47,000
Farmland loans - <$100k	1	$47	$47,000