Tri City National Bank Mortgage Rates, Fees & Info

Oak Creek, WI

LEI: 549300OCKUW7YV0YNV03

Tax ID: 39-1022456

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

Jump to:

Mortgage Data

Bank Data

Review & Overview

Tri City National Bank is a smaller bank specializing in Refi and Home Purchase loans. Tri City National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Milwaukee, Racine, Green Bay, Chicago, and Watertown among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)

Tri City National Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Tri City National 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.

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 6.32% 4/21/24
30 Year Conventional Refi 6.08% 4/21/24
30 Year Cash-out Refi 6.61% 4/21/24
30 Year FHA Purchase 6.27% 4/21/24
30 Year FHA Refi 6.27% 4/21/24
30 Year VA Purchase 6.27% 4/21/24
30 Year VA Refi 6.27% 4/21/24
15 Year Conventional Purchase 5.86% 4/21/24
15 Year Conventional Refi 5.92% 4/21/24
15 Year Cash-out Refi 5.92% 4/21/24
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.

Tri City National Bank Mortgage Calculator






Your Estimates

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

This is not an official calculator from Tri City National 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

596

Origination Dollar Volume (All Markets)

$110,090,000

Employee count

416

Awards

Tri City National Bank 30 Year Conventional Loans silver Tri City National Bank 30 Year Conventional Loans silver Tri City National Bank 30 Year Conventional Loans gold Tri City National Bank 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
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 334 $64,250,000 $192,365 $1,309 4.32%
RACINE, WI (FHA|USDA|VA) 192 $23,620,000 $123,021 $1,097 4.21%
GREEN BAY, WI (FHA|USDA|VA) 1 $7,005,000 $7,005,000 $0 4.49%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 40 $4,830,000 $120,750 $1,487 4.40%
Outside of Metro Areas 12 $2,430,000 $202,500 $1,807 4.08%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 2 $2,130,000 $1,065,000 $1,897 4.94%
Beaver Dam, WI (FHA|USDA|VA) 2 $1,670,000 $835,000 $3,076 5.08%
APPLETON, WI (FHA|USDA|VA) 2 $1,580,000 $790,000 $0 4.53%
Whitewater, WI (FHA|USDA|VA) 6 $1,110,000 $185,000 $874 4.21%
MADISON, WI (FHA|USDA|VA) 1 $675,000 $675,000 $0 4.49%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $435,000 $435,000 $0 4.65%
SHEBOYGAN, WI (FHA|USDA|VA) 1 $285,000 $285,000 $2,052 3.88%
Shawano, WI (FHA|USDA|VA) 1 $45,000 $45,000 $0 5.00%
Marinette, WI-MI (FHA|USDA|VA) 1 $25,000 $25,000 $0 4.13%
Tri City National Bank's top markets include Milwaukee, Racine, Green Bay, Chicago, and Watertown among others.

Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Similar Lenders

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

    AppleTree Credit Union
    Similarity Rank: 10
    NORTHWESTERN MUTUAL
    Similarity Rank: 12
    UNITED
    Similarity Rank: 28
    Liberty Bank for Savings
    Similarity Rank: 104
    Kohler Credit Union
    Similarity Rank: 128
    Empower Credit Union
    Similarity Rank: 135
    HERITAGE CREDIT UNION
    Similarity Rank: 143
    PRIME FINANCIAL CREDIT UNION
    Similarity Rank: 275
    Partnership Bank
    Similarity Rank: 333
    Glacier Hills Credit Union
    Similarity Rank: 357

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 456 $98,640,000 $216,316 $1,256 4.57%
    HELOC 140 $11,450,000 $81,786 n/a 3.36%

    For 2018, Tri City National Bank's most frequently originated type of loan was Conventional, with 456 originations. Their 2nd most popular type was HELOC, with 140 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 200 $39,780,000 $198,900 $689 4.27%
    Home Purchase 195 $58,965,000 $302,385 $2,477 4.51%
    Home Improvement 112 $5,150,000 $45,982 $114 4.05%
    Other 69 $3,555,000 $51,522 $153 4.13%
    Cash Out Refi 20 $2,640,000 $132,000 $2,452 4.19%

    For 2018, Tri City National Bank's most frequently cited loan purpose was Refi, with 200 originations. The 2nd most popular reason was Home Purchase, with 195 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 177 $12,465,000 $70,424 $572 3.49%
    30 Year 127 $23,105,000 $181,929 $2,446 4.34%
    5 Year 81 $37,435,000 $462,160 $2 4.50%
    10 Year 69 $9,265,000 $134,275 $60 5.15%
    15 Year 53 $5,295,000 $99,906 $1,174 4.35%
    3 Year 47 $10,755,000 $228,830 $0 5.14%
    1 Year 19 $3,735,000 $196,579 $1,575 4.96%
    Other 15 $4,175,000 $278,333 $981 4.84%
    30+ year 8 $3,860,000 $482,500 $3,227 3.64%

    For 2018, Tri City National Bank's most frequently cited loan duration was 20 Year, with 177 originations. The 2nd most popular length was 30 Year, with 127 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 278 $32,980,000 $118,633
    $1k-2k 32 $4,590,000 $143,438
    $2k-3k 16 $2,690,000 $168,125
    $3k-4k 6 $1,070,000 $178,333
    $4k-5k 2 $550,000 $275,000

    Tri City National Bank's average total fees were $2,446, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 278 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 268 $62,380,000 $232,761
    2.5-3% 121 $7,455,000 $61,612
    5-6% 101 $13,235,000 $131,040
    3-4% 96 $24,110,000 $251,146
    6-7% 10 $2,910,000 $291,000

    During 2018, Tri City National Bank's average interest rate for loans was 4.34%, while their most frequently originated rate bucket for loans was 4-5%, with 268 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 323 $14,855,000 $45,991 $401 4.23%
    $100k-200k 155 $21,535,000 $138,935 $2,030 4.33%
    $200k-400k 74 $19,570,000 $264,459 $2,577 4.37%
    $400k-600k 19 $9,345,000 $491,842 $2,629 4.38%
    $600k-1MM 13 $9,875,000 $759,615 $2,727 4.28%
    $1MM+ 12 $34,910,000 $2,909,167 $4,692 4.62%

    2018 saw Tri City National Bank place emphasis on $100,000 or less loans with 323 originations, totaling $14,855,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 128 $10,400,000 $81,250 $1,231 4.23%
    $50k or less 128 $8,010,000 $62,578 $1,054 4.24%
    $100k-150k 89 $11,685,000 $131,292 $1,340 4.18%
    $75k-100k 68 $7,610,000 $111,912 $972 4.30%
    $150k-250k 52 $9,560,000 $183,846 $1,816 4.09%
    $250k+ 20 $6,550,000 $327,500 $2,125 4.14%

    Tri City National Bank lent most frequently to those with incomes in the $50k-75k range, with 128 originations. The second most popular income band? $50k or less, with 128 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 132 $16,360,000 $123,939 $1,411 4.05%
    30-36% 100 $11,830,000 $118,300 $1,435 4.34%
    <20% 59 $4,875,000 $82,627 $796 4.12%
    37% 24 $2,500,000 $104,167 $1,140 4.20%
    42% 19 $1,845,000 $97,105 $945 4.14%
    44% 17 $1,575,000 $92,647 $1,383 4.43%
    43% 17 $1,005,000 $59,118 $647 4.16%
    47% 16 $1,990,000 $124,375 $1,336 4.24%
    40% 15 $1,805,000 $120,333 $1,474 4.29%
    39% 15 $945,000 $63,000 $884 4.40%
    45% 13 $1,495,000 $115,000 $2,041 3.67%
    50-60% 12 $1,940,000 $161,667 $1,130 4.15%
    >60% 11 $1,555,000 $141,364 $400 5.23%
    36% 11 $1,025,000 $93,182 $1,161 4.42%
    46% 11 $1,125,000 $102,273 $466 3.68%
    48% 9 $875,000 $97,222 $1,461 4.00%
    49% 9 $1,005,000 $111,667 $1,695 4.28%
    41% 9 $805,000 $89,444 $1,600 4.08%
    38% 7 $745,000 $106,429 $1,696 3.85%

    Tri City National Bank lent most frequently to those with DTI ratios of 20-30%, with 132 originations. The next most common DTI ratio? 30-36%, with 100 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 85 $54,385,000 $639,824 $4,692 4.86%
    White 456 $48,280,000 $105,877 $1,158 4.17%
    Asian 19 $3,405,000 $179,211 $2,249 4.49%
    Not provided 15 $2,295,000 $153,000 $2,214 4.19%
    Black 16 $1,210,000 $75,625 $1,351 4.70%
    American Indian 3 $255,000 $85,000 $1,918 3.54%
    Vietnamese 1 $145,000 $145,000 $3,884 5.00%
    Other Asian 1 $115,000 $115,000 $2,053 4.13%

    Approval Rates

    Total approvals of all applications
    76.27%

    Tri City National Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    89.93%

    Tri City National Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 596 $110,090,000 $184,715

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 43 $43,385,000 $1,008,953
    Single Family (1-4 Units):Site-Built 553 $66,705,000 $120,624

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 142 $19,540,000 $137,606 $477 4.10%
    40-60% 91 $32,995,000 $362,582 $1,485 4.19%
    60-80% 151 $38,785,000 $256,854 $1,988 4.48%
    80-100% 62 $11,470,000 $185,000 $2,521 4.34%
    Over 100% 1 $105,000 $105,000 $0 4.50%
    Under 20% 149 $7,195,000 $48,289 $18 4.31%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    TRUSTMARK CORPORATION Conventional home mortgage Struggling to pay mortgage 1 14.3%
    TRUSTMARK CORPORATION Conventional home mortgage Trouble during payment process 2 28.6%
    TRUSTMARK CORPORATION FHA mortgage Trouble during payment process 1 14.3%
    TRUSTMARK CORPORATION Other type of mortgage Struggling to pay mortgage 1 14.3%
    TRUSTMARK CORPORATION Other type of mortgage Trouble during payment process 2 28.6%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Tri City National Bank 10859 West Bluemound Road Wauwatosa, WI 53226 Full Service B&M $21,521
    Tri City National Bank 10909 West Greenfield Avenue West Allis, WI 53214 Full Service B&M $62,460
    Tri City National Bank 1202 North Green Bay Road Racine, WI 53406 Full Service Retail $2,581
    Tri City National Bank 12735 West Capitol Drive Brookfield, WI 53005 Full Service Retail $9,237
    Tri City National Bank 12745 West Capitol Drive Brookfield, WI 53005 Full Service B&M $27,813
    Tri City National Bank 150 West Holt Avenue Milwaukee, WI 53207 Full Service Retail $13,981
    Tri City National Bank 15170 W Greenfield Ave Brookfield, WI 53005 Full Service Retail $5,502
    Tri City National Bank 17100 West Bluemound Road Brookfield, WI 53005 Full Service B&M $71,746
    Tri City National Bank 201 East Sunset Waukesha, WI 53189 Full Service B&M $693
    Tri City National Bank 2115 10th Avenue South Milwaukee, WI 53172 Full Service B&M $22,741
    Tri City National Bank 220 East Sunset Drive Waukesha, WI 53186 Full Service Retail $8,849
    Tri City National Bank 2201 Miller Park Way West Milwaukee, WI 53219 Full Service B&M $10,056
    Tri City National Bank 2555 West Ryan Road Franklin, WI 53154 Full Service B&M $51,547
    Tri City National Bank 2625 South 108th Street West Allis, WI 53227 Full Service Retail $16,191
    Tri City National Bank 2704 Lathrop Avenue Racine, WI 53405 Full Service B&M $131,307
    Tri City National Bank 3164 South 76th Street Milwaukee, WI 53219 Full Service B&M $57,057
    Tri City National Bank 3378 South 27th Street Milwaukee, WI 53215 Full Service B&M $15,356
    Tri City National Bank 3701 South 27th Street Milwaukee, WI 53221 Full Service Retail $10,591
    Tri City National Bank 3900 Erie Street Racine, WI 53402 Full Service Retail $8,453
    Tri City National Bank 4101 Durand Avenue Racine, WI 53405 Limited, Drive-thru $0
    Tri City National Bank 4200-D South 76th Street Greenfield, WI 53220 Full Service Retail $13,896
    Tri City National Bank 4295 West Bradley Road Brown Deer, WI 53223 Full Service B&M $62,173
    Tri City National Bank 4708 Northwestern Avenue Racine, WI 53406 Full Service B&M $45,104
    Tri City National Bank 4968 South Whitnall Avenue Saint Francis, WI 53235 Full Service Retail $17,839
    Tri City National Bank 5455 S. 108th St Hales Corners, WI 53130 Limited, Drive-thru $0
    Tri City National Bank 5555 South 108th Street Hales Corners, WI 53130 Full Service B&M $191,542
    Tri City National Bank 5901 Washington Road Kenosha, WI 53140 Full Service B&M $15,231
    Tri City National Bank 6312 South 27th Street Oak Creek, WI 53154 Full Service Retail $20,895
    Tri City National Bank 6400 South 27th Street Oak Creek, WI 53154 Full Service B&M $176,858
    Tri City National Bank 6760 West National Avenue West Allis, WI 53214 Full Service Retail $16,343
    Tri City National Bank 6767 West Greenfield Avenue West Allis, WI 53214 Full Service B&M $43,080
    Tri City National Bank 8710 Durand Avenue Sturtevant, WI 53177 Full Service B&M $26,827
    Tri City National Bank 8770 South Howell Avenue Oak Creek, WI 53154 Full Service Retail $30,878
    Tri City National Bank 9200 North Greenbay Brown Deer, WI 53209 Full Service Retail $9,263
    Tri City National Bank N96 W18211 County Line Menomonee Falls, WI 53051 Full Service B&M $47,882

    For 2018, Tri City National Bank had 35 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $52,009
    Net interest income $50,130
    Total noninterest income $16,083
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $5,735
    Trading account gains and fees $0
    Additional Noninterest Income $10,348
    Pre-tax net operating income $21,537
    Securities gains (or losses, -) $0
    Income before extraordinary items $16,980
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $16,980
    Minority interest net income $0
    Net income $16,980
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $16,980

    Tri City National Bank's gross interest income from loans was $52,009,000.
    Tri City National Bank's net interest income from loans was $50,130,000.
    Tri City National Bank's fee based income from loans was $5,735,000.
    Tri City National Bank's net income from loans was $16,980,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,879
    Provision for credit losses $0
    Total noninterest expense $44,676
    Salaries and employee benefits $24,186
    Premises and equipment expense $6,640
    Additional noninterest expense $13,850
    Applicable income taxes $4,557
    Net charge-offs $-261
    Cash dividends $4,382

    Tri City National Bank's interest expense for loans was $1,879,000.
    Tri City National Bank's payroll and benefits expense were $24,186,000.
    Tri City National Bank's property, plant and equipment expenses $6,640,000.

    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 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    Personal loans 1.0%
    Credit card loans 0.0%
    Other individual loans 1.0%
    Auto loans 0.0%
    Other consumer loans 2.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,250,749
    Deposits held in domestic offices $1,250,749
    Deposits by Individuals, partnerships, and corporations $1,158,525
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $92,224
    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 $411,084
    Demand deposits $183,928
    Nontransaction accounts $839,665
    Money market deposit accounts (MMDAs) $527,175
    Other savings deposits (excluding MMDAs) $239,518
    Total time deposits $72,972
    Total time and savings deposits $1,066,821
    Noninterest-bearing deposits $297,757
    Interest-bearing deposits $952,992
    Retail deposits $1,239,195
    IRAs and Keogh plan accounts $25,898
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,405,579
    Cash & Balances due from depository institutions $64,379
    Interest-bearing balances $21,181
    Total securities $370,694
    Federal funds sold & reverse repurchase $991
    Net loans and leases $896,794
    Loan and leases loss allowance $10,994
    Trading account assets $0
    Bank premises and fixed assets $15,536
    Other real estate owned $104
    Goodwill and other intangibles $1,444
    All other assets $55,637

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,405,579
    Total Liabilities $1,255,020
    Total deposits $1,250,749
    Interest-bearing deposits $952,992
    Deposits held in domestic offices $1,250,749
    % insured (estimated) $84
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $4,271

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $896,794
    Loan and leases loss allowance $10,994
    Total loans and leases (domestic) $907,788
    All real estate loans $852,000
    Real estate loans in domestic offices $852,000
    Construction and development loans $68,278
    Residential 1-4 family construction $29,668
    Other construction, all land development and other land $38,610
    Loans secured by nonfarm nonresidential properties $486,260
    Nonfarm nonresidential secured by owner-occupied properties $162,154
    Commercial real estate & other non-farm, non-residential $324,106
    Multifamily residential real estate $99,445
    1-4 family residential loans $196,612
    Farmland loans $1,405
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $47,457
    To non-U.S. addressees $0
    Loans to individuals $8,007
    Credit card loans $0
    Related Plans $256
    Consumer Auto Loans $831
    Other loans to individuals $6,920
    All other loans & leases $324
    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 $88,124
    Restructured Loans & leases $13,606
    Non 1-4 family restructured loans & leases $2,733
    Total loans and leases (foreign) $0

    Tri City National Bank had $896,794,000 of loans outstanding in 2018. $852,000,000 of loans were in real estate loans. $68,278,000 of loans were in development loans. $99,445,000 of loans were in multifamily mortgage loans. $196,612,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $831,000 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 781 $145,380 $186,146
    Nonfarm, nonresidential loans - <$100k 175 $9,428 $53,874
    Nonfarm, nonresidential loans - $100-250k 286 $31,585 $110,437
    Nonfarm, nonresidential loans - $250k-1MM 320 $104,367 $326,147
    Commercial & Industrial, US addressed loans - <$1MM 221 $11,245 $50,882
    Commercial & Industrial, US addressed loans - <$100k 162 $3,505 $21,636
    Commercial & Industrial, US addressed loans - $100-250k 31 $2,023 $65,258
    Commercial & Industrial, US addressed loans - $250k-1MM 28 $5,717 $204,179
    Farmland loans - <$1MM 5 $961 $192,200
    Farmland loans - <$100k 1 $5 $5,000
    Farmland loans - $100-250k 2 $322 $161,000
    Farmland loans - $250k-1MM 2 $634 $317,000