West Pointe Bank Mortgage Rates, Fees & Info

Oshkosh, WI

LEI: 549300E0Q8JLIMURNH75

Tax ID: 39-1827049

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    West Pointe Bank is a smaller bank specializing in Home Purchase and Refi loans. West Pointe Bank has a high proportion of conventional loans. Their top markets by origination volume include: Oshkosh, Appleton, Green Bay, Fond Du Lac, and Wausau among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

    West Pointe Bank 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.

    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.


    Originations

    115

    Origination Dollar Volume (All Markets)

    $24,785,000

    Employee count

    23

    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
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 62 $13,860,000 $223,548 $0 0.00%
    APPLETON, WI (FHA|USDA|VA) 17 $5,225,000 $307,353 $0 0.00%
    Outside of Metro Areas 10 $2,280,000 $228,000 $0 0.00%
    GREEN BAY, WI (FHA|USDA|VA) 9 $1,455,000 $161,667 $0 0.00%
    FOND DU LAC, WI (FHA|USDA|VA) 11 $865,000 $78,636 $0 0.00%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 4 $480,000 $120,000 $0 0.00%
    Marinette, WI-MI (FHA|USDA|VA) 1 $405,000 $405,000 $0 0.00%
    Stevens Point, WI (FHA|USDA|VA) 1 $215,000 $215,000 $0 0.00%
    West Pointe Bank's top markets include Oshkosh, Appleton, Green Bay, Fond Du Lac, and Wausau among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 115 $24,785,000 $215,522 $0 0.00%

    For 2020, West Pointe Bank's most frequently originated type of loan was Conventional, with 115 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 88 $18,650,000 $211,932 $0 0.00%
    Refi 23 $5,865,000 $255,000 $0 0.00%
    Home Improvement 2 $230,000 $115,000 $0 0.00%
    Other 2 $40,000 $20,000 $0 0.00%

    For 2020, West Pointe Bank's most frequently cited loan purpose was Home Purchase, with 88 originations. The 2nd most popular reason was Refi, with 23 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 115 $24,785,000 $215,522 $0 0.00%

    For 2020, West Pointe Bank's most frequently cited loan duration was Other, with 115 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 47 $6,675,000 $142,021 $0 0.00%
    $100,000 or less 43 $2,775,000 $64,535 $0 0.00%
    $200k-400k 15 $4,075,000 $271,667 $0 0.00%
    $1MM+ 4 $8,080,000 $2,020,000 $0 0.00%
    $400k-600k 4 $1,750,000 $437,500 $0 0.00%
    $600k-1MM 2 $1,430,000 $715,000 $0 0.00%

    2020 saw West Pointe Bank place emphasis on $100k-200k loans with 47 originations, totaling $6,675,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 8 $1,060,000 $132,500 $0 0.00%
    $50k or less 7 $1,215,000 $173,571 $0 0.00%
    $75k-100k 7 $715,000 $102,143 $0 0.00%
    $50k-75k 6 $640,000 $106,667 $0 0.00%
    $150k-250k 3 $655,000 $218,333 $0 0.00%
    $250k+ 2 $1,220,000 $610,000 $0 0.00%

    West Pointe Bank lent most frequently to those with incomes in the $100k-150k range, with 8 originations. The second most popular income band? $50k or less, with 7 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 115 $24,785,000 $215,522 $0 0.00%

    West Pointe Bank lent most frequently to those with DTI ratios of Exempt%, with 115 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 82 $19,280,000 $235,122 $0 0.00%
    White 31 $5,425,000 $175,000 $0 0.00%
    Not provided 2 $80,000 $40,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    93.96%

    West Pointe Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    79.13%

    West Pointe Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 115 $24,785,000 $215,522

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 15 $11,015,000 $734,333
    Single Family (1-4 Units):Site-Built 100 $13,770,000 $137,700

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    West Pointe Bank 1750 Witzel Avenue Oshkosh, WI 54901 Full Service B&M $222,667

    For 2020, West Pointe Bank had 1 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $13,893
    Net interest income $10,977
    Total noninterest income $920
    Gross Fiduciary activities income $146
    Service charges on deposit accounts $69
    Trading account gains and fees $0
    Additional Noninterest Income $705
    Pre-tax net operating income $5,325
    Securities gains (or losses, -) $8
    Income before extraordinary items $4,059
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $4,059
    Minority interest net income $0
    Net income $4,059
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $4,052

    West Pointe Bank's gross interest income from loans was $13,893,000.
    West Pointe Bank's net interest income from loans was $10,977,000.
    West Pointe Bank's fee based income from loans was $69,000.
    West Pointe Bank's net income from loans was $4,059,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,916
    Provision for credit losses $460
    Total noninterest expense $6,112
    Salaries and employee benefits $4,160
    Premises and equipment expense $267
    Additional noninterest expense $1,685
    Applicable income taxes $1,274
    Net charge-offs $-211
    Cash dividends $2,000

    West Pointe Bank's interest expense for loans was $2,916,000.
    West Pointe Bank's payroll and benefits expense were $4,160,000.
    West Pointe Bank's property, plant and equipment expenses $267,000.

    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 0.0%
    All other family 0.0%
    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 $211,123
    Deposits held in domestic offices $211,123
    Deposits by Individuals, partnerships, and corporations $143,465
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $4,083
    Deposits by Commercial banks and other depository institutions in U.S. $63,575
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $49,038
    Demand deposits $27,505
    Nontransaction accounts $162,085
    Money market deposit accounts (MMDAs) $43,470
    Other savings deposits (excluding MMDAs) $12,505
    Total time deposits $106,109
    Total time and savings deposits $183,618
    Noninterest-bearing deposits $27,505
    Interest-bearing deposits $183,618
    Retail deposits $184,899
    IRAs and Keogh plan accounts $6,289
    Brokered deposits $7,871
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $288,553
    Cash & Balances due from depository institutions $1,801
    Interest-bearing balances $373
    Total securities $33,182
    Federal funds sold & reverse repurchase $1,327
    Net loans and leases $235,482
    Loan and leases loss allowance $4,653
    Trading account assets $0
    Bank premises and fixed assets $934
    Other real estate owned $225
    Goodwill and other intangibles $0
    All other assets $15,602

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $288,553
    Total Liabilities $235,307
    Total deposits $211,123
    Interest-bearing deposits $183,618
    Deposits held in domestic offices $211,123
    % insured (estimated) $84
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $20,000
    Subordinated debt $0
    All other liabilities $4,184

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $235,482
    Loan and leases loss allowance $4,653
    Total loans and leases (domestic) $240,135
    All real estate loans $198,146
    Real estate loans in domestic offices $198,146
    Construction and development loans $17,402
    Residential 1-4 family construction $355
    Other construction, all land development and other land $17,047
    Loans secured by nonfarm nonresidential properties $105,105
    Nonfarm nonresidential secured by owner-occupied properties $11,676
    Commercial real estate & other non-farm, non-residential $93,429
    Multifamily residential real estate $15,849
    1-4 family residential loans $59,790
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $41,923
    To non-U.S. addressees $0
    Loans to individuals $358
    Credit card loans $0
    Related Plans $15
    Consumer Auto Loans $144
    Other loans to individuals $199
    All other loans & leases $32
    Loans to foreign governments and official institutions $0
    Other loans $32
    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 $3,158
    Non 1-4 family restructured loans & leases $2,801
    Total loans and leases (foreign) $0

    West Pointe Bank had $235,482,000 of loans outstanding in 2020. $198,146,000 of loans were in real estate loans. $17,402,000 of loans were in development loans. $15,849,000 of loans were in multifamily mortgage loans. $59,790,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $144,000 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 316 $39,910 $126,297
    Nonfarm, nonresidential loans - <$100k 184 $9,814 $53,337
    Nonfarm, nonresidential loans - $100-250k 90 $14,668 $162,978
    Nonfarm, nonresidential loans - $250k-1MM 42 $15,428 $367,333
    Commercial & Industrial, US addressed loans - <$1MM 127 $19,639 $154,638
    Commercial & Industrial, US addressed loans - <$100k 77 $3,218 $41,792
    Commercial & Industrial, US addressed loans - $100-250k 24 $3,619 $150,792
    Commercial & Industrial, US addressed loans - $250k-1MM 26 $12,802 $492,385