Wolf River Community Bank Mortgage Rates, Fees & Info

Hortonville, WI

LEI: 549300JCUSJMRA75V483

Tax ID: 39-1832101

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

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

    Wolf River Community Bank is a smaller bank specializing in Refi, Cash Out Refi, and Home Purchase loans. Wolf River Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Appleton, Oshkosh, Green Bay, Shawano, and Milwaukee among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Wolf River Community Bank 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. Wolf River Community Bank 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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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.65% 4/28/24
    30 Year Conventional Refi 6.62% 4/28/24
    30 Year Cash-out Refi 6.75% 4/28/24
    15 Year Conventional Purchase 5.99% 4/28/24
    15 Year Conventional Refi 6.08% 4/28/24
    15 Year Cash-out Refi 6.08% 4/28/24
    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.

    Wolf River Community Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Wolf River Community Bank. 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

    380

    Origination Dollar Volume (All Markets)

    $74,940,000

    Employee count

    46 Show all (5) 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
    APPLETON, WI (FHA|USDA|VA) 222 $42,460,000 $191,261 $1,233 3.02%
    Outside of Metro Areas 95 $14,975,000 $157,632 $1,357 3.09%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 35 $11,345,000 $324,143 $1,347 3.28%
    GREEN BAY, WI (FHA|USDA|VA) 12 $2,970,000 $247,500 $1,589 3.25%
    Shawano, WI (FHA|USDA|VA) 7 $1,215,000 $173,571 $1,221 3.02%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 4 $1,060,000 $265,000 $1,122 2.69%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 2 $350,000 $175,000 $749 2.63%
    Beaver Dam, WI (FHA|USDA|VA) 1 $255,000 $255,000 $3,046 3.00%
    Marinette, WI-MI (FHA|USDA|VA) 1 $165,000 $165,000 $996 2.50%
    FOND DU LAC, WI (FHA|USDA|VA) 1 $145,000 $145,000 $1,628 2.88%
    Wolf River Community Bank's top markets include Appleton, Oshkosh, Green Bay, Shawano, and Milwaukee among others.

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

    • Similar Lenders

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

    PROSPERA Credit Union
    Similarity Rank: 140
    Horicon Bank
    Similarity Rank: 264
    Fox Valley Savings Bank
    Similarity Rank: 420
    Wolf River Community Bank
    Similarity Rank: 450
    The Bank of Kaukauna
    Similarity Rank: 484
    UNISON CREDIT UNION
    Similarity Rank: 504
    Settlers Bank
    Similarity Rank: 513
    Hometown Bank
    Similarity Rank: 525
    BLC Community Bank
    Similarity Rank: 555
    CAPITAL Credit Union
    Similarity Rank: 645

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 380 $74,940,000 $197,211 $1,286 3.06%

    For 2021, Wolf River Community Bank's most frequently originated type of loan was Conventional, with 380 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 126 $22,880,000 $181,587 $1,168 2.75%
    Cash Out Refi 123 $26,585,000 $216,138 $1,296 3.03%
    Home Purchase 113 $24,155,000 $213,761 $1,540 3.23%
    Other 11 $985,000 $89,545 $526 4.40%
    Home Improvement 7 $335,000 $47,857 $513 4.14%

    For 2021, Wolf River Community Bank's most frequently cited loan purpose was Refi, with 126 originations. The 2nd most popular reason was Cash Out Refi, with 123 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 158 $34,850,000 $220,570 $1,494 3.09%
    15 Year 87 $15,685,000 $180,287 $1,223 2.38%
    5 Year 43 $12,195,000 $283,605 $287 4.09%
    Other 36 $4,110,000 $114,167 $783 3.43%
    20 Year 31 $5,035,000 $162,419 $1,379 2.85%
    10 Year 20 $2,340,000 $117,000 $972 2.71%
    3 Year 4 $630,000 $157,500 $303 4.87%
    1 Year 1 $95,000 $95,000 $0 5.25%

    For 2021, Wolf River Community Bank's most frequently cited loan duration was 30 Year, with 158 originations. The 2nd most popular length was 15 Year, with 87 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 301 $53,465,000 $177,625
    $1k-2k 28 $6,380,000 $227,857
    $2k-3k 5 $1,365,000 $273,000
    $4k-5k 3 $735,000 $245,000

    Wolf River Community Bank's average total fees were $1,494, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 301 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 121 $20,615,000 $170,372
    3-4% 114 $30,660,000 $268,947
    2.5-3% 106 $20,100,000 $189,623
    4-5% 33 $2,945,000 $89,242
    5-6% 5 $365,000 $73,000
    6-7% 1 $255,000 $255,000

    During 2021, Wolf River Community Bank's average interest rate for loans was 3.09%, while their most frequently originated rate bucket for loans was <2.5%, with 121 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 168 $24,500,000 $145,833 $1,295 2.95%
    $200k-400k 110 $29,740,000 $270,364 $1,503 2.92%
    $100,000 or less 79 $5,235,000 $66,266 $913 3.44%
    $400k-600k 19 $8,915,000 $469,211 $1,336 3.19%
    $1MM+ 4 $6,550,000 $1,637,500 $0 3.25%

    2021 saw Wolf River Community Bank place emphasis on $100k-200k loans with 168 originations, totaling $24,500,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 83 $11,585,000 $139,578 $1,255 3.03%
    $100k-150k 81 $16,215,000 $200,185 $1,297 2.90%
    $75k-100k 67 $11,985,000 $178,881 $1,399 2.93%
    $50k or less 51 $5,225,000 $102,451 $1,225 3.06%
    $150k-250k 48 $13,130,000 $273,542 $1,257 2.90%
    $250k+ 11 $3,575,000 $325,000 $1,297 3.08%

    Wolf River Community Bank lent most frequently to those with incomes in the $50k-75k range, with 83 originations. The second most popular income band? $100k-150k, with 81 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 133 $23,145,000 $174,023 $1,339 2.83%
    30-36% 74 $14,350,000 $193,919 $1,257 2.99%
    <20% 63 $11,525,000 $182,937 $1,169 2.92%
    39% 9 $1,405,000 $156,111 $1,617 2.82%
    36% 8 $1,510,000 $188,750 $1,038 3.08%
    38% 8 $1,270,000 $158,750 $1,204 2.53%
    37% 7 $965,000 $137,857 $1,297 3.21%
    >60% 6 $1,240,000 $206,667 $1,129 3.91%
    42% 6 $1,180,000 $196,667 $1,611 3.06%
    41% 5 $1,295,000 $259,000 $2,019 2.93%
    43% 4 $1,400,000 $350,000 $1,267 2.56%
    47% 4 $1,030,000 $257,500 $1,157 3.09%
    46% 3 $425,000 $141,667 $1,486 3.46%
    44% 3 $345,000 $115,000 $1,091 3.54%
    40% 3 $155,000 $51,667 $487 3.92%
    45% 2 $520,000 $260,000 $1,256 2.88%
    48% 1 $295,000 $295,000 $2,748 3.13%
    49% 1 $115,000 $115,000 $165 4.99%

    Wolf River Community Bank lent most frequently to those with DTI ratios of 20-30%, with 133 originations. The next most common DTI ratio? 30-36%, with 74 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 335 $60,835,000 $181,597 $1,274 2.94%
    Not applicable 34 $11,960,000 $351,765 $0 4.06%
    Asian 7 $1,655,000 $236,429 $1,411 3.50%
    Black 3 $325,000 $108,333 $2,087 4.04%
    Native Hawaiian or Islander 1 $165,000 $165,000 $1,797 2.25%

    Approval Rates

    Total approvals of all applications
    95.82%

    Wolf River Community Bank 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
    91.32%

    Wolf River Community Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 380 $74,940,000 $197,211

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    380 $74,940,000 $197,211

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 30 $3,040,000 $101,333 $1,106 2.74%
    40-60% 91 $16,495,000 $181,264 $1,227 2.68%
    60-80% 181 $40,415,000 $223,287 $1,367 3.09%
    80-100% 57 $13,775,000 $241,667 $1,597 3.14%
    Under 20% 21 $1,215,000 $57,857 $419 4.67%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Wolf River Community Bank 1008 North Shawano Street New London, WI 54961 Full Service B&M $44,053
    Wolf River Community Bank 309 East Main Street Hortonville, WI 54944 Full Service B&M $130,173
    Wolf River Community Bank N5579 State Highway 76 Shiocton, WI 54170 Full Service B&M $10,305
    Wolf River Community Bank W6490 Greenville Dr Greenville, WI 54942 Full Service B&M $26,241

    For 2021, Wolf River Community Bank had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $8,911
    Net interest income $8,624
    Total noninterest income $2,065
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $111
    Trading account gains and fees $0
    Additional Noninterest Income $1,954
    Pre-tax net operating income $4,288
    Securities gains (or losses, -) $0
    Income before extraordinary items $3,286
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $3,286
    Minority interest net income $0
    Net income $3,286
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $3,286

    Wolf River Community Bank's gross interest income from loans was $8,911,000.
    Wolf River Community Bank's net interest income from loans was $8,624,000.
    Wolf River Community Bank's fee based income from loans was $111,000.
    Wolf River Community Bank's net income from loans was $3,286,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $287
    Provision for credit losses $60
    Total noninterest expense $6,341
    Salaries and employee benefits $3,729
    Premises and equipment expense $503
    Additional noninterest expense $2,109
    Applicable income taxes $1,002
    Net charge-offs $0
    Cash dividends $270

    Wolf River Community Bank's interest expense for loans was $287,000.
    Wolf River Community Bank's payroll and benefits expense were $3,729,000.
    Wolf River Community Bank's property, plant and equipment expenses $503,000.

    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 $228,408
    Deposits held in domestic offices $228,408
    Deposits by Individuals, partnerships, and corporations $188,590
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $39,818
    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 $97,580
    Demand deposits $48,760
    Nontransaction accounts $130,828
    Money market deposit accounts (MMDAs) $56,050
    Other savings deposits (excluding MMDAs) $55,520
    Total time deposits $19,258
    Total time and savings deposits $179,648
    Noninterest-bearing deposits $48,760
    Interest-bearing deposits $179,648
    Retail deposits $224,373
    IRAs and Keogh plan accounts $5,527
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $261,005
    Cash & Balances due from depository institutions $7,903
    Interest-bearing balances $849
    Total securities $46,120
    Federal funds sold & reverse repurchase $26,565
    Net loans and leases $168,041
    Loan and leases loss allowance $3,190
    Trading account assets $0
    Bank premises and fixed assets $4,273
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $8,103

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $261,005
    Total Liabilities $229,749
    Total deposits $228,408
    Interest-bearing deposits $179,648
    Deposits held in domestic offices $228,408
    % insured (estimated) $74
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $1,341

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $168,041
    Loan and leases loss allowance $3,190
    Total loans and leases (domestic) $171,231
    All real estate loans $144,421
    Real estate loans in domestic offices $144,421
    Construction and development loans $24,385
    Residential 1-4 family construction $6,960
    Other construction, all land development and other land $17,425
    Loans secured by nonfarm nonresidential properties $55,626
    Nonfarm nonresidential secured by owner-occupied properties $41,604
    Commercial real estate & other non-farm, non-residential $14,022
    Multifamily residential real estate $2,307
    1-4 family residential loans $58,966
    Farmland loans $3,137
    Loans held in foreign offices $0
    Farm loans $1,525
    Commercial and industrial loans $20,546
    To non-U.S. addressees $0
    Loans to individuals $3,316
    Credit card loans $0
    Related Plans $1,183
    Consumer Auto Loans $1,469
    Other loans to individuals $664
    All other loans & leases $1,423
    Loans to foreign governments and official institutions $0
    Other loans $2
    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 $1,840
    Non 1-4 family restructured loans & leases $1,840
    Total loans and leases (foreign) $0

    Wolf River Community Bank had $168,041,000 of loans outstanding in 2021. $144,421,000 of loans were in real estate loans. $24,385,000 of loans were in development loans. $2,307,000 of loans were in multifamily mortgage loans. $58,966,000 of loans were in 1-4 family mortgage loans. $1,525,000 of loans were in farm loans. $0 of loans were in credit card loans. $1,469,000 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 117 $26,203 $223,957
    Nonfarm, nonresidential loans - <$100k 19 $765 $40,263
    Nonfarm, nonresidential loans - $100-250k 44 $5,502 $125,045
    Nonfarm, nonresidential loans - $250k-1MM 54 $19,936 $369,185
    Commercial & Industrial, US addressed loans - <$1MM 108 $10,605 $98,194
    Commercial & Industrial, US addressed loans - <$100k 55 $1,298 $23,600
    Commercial & Industrial, US addressed loans - $100-250k 28 $2,842 $101,500
    Commercial & Industrial, US addressed loans - $250k-1MM 25 $6,465 $258,600
    Farmland loans - <$1MM 12 $945 $78,750
    Farmland loans - <$100k 6 $117 $19,500
    Farmland loans - $100-250k 6 $828 $138,000
    Agriculture operations loans - <$1MM 17 $1,427 $83,941
    Agriculture operations loans - <$100k 8 $222 $27,750
    Agriculture operations loans - $100-250k 5 $330 $66,000
    Agriculture operations loans - $250k-1MM 4 $875 $218,750