Wintrust Bank N.a. Mortgage Rates, Fees & Info

Chicago, IL

LEI: 549300RAQJBTN6Z28096

Tax ID: 36-3970472

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Mortgage Data

Bank Data

Review & Overview

Wintrust Bank N.a. is a smaller bank specializing in Home Purchase and Refi loans. Wintrust Bank N.a. has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Knoxville, Miami, San Diego, and Las Vegas among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)

Wintrust Bank N.a. 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.

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Originations

192

Origination Dollar Volume (All Markets)

$137,680,000

Employee count

523

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) 183 $125,675,000 $686,749 $0 0.00%
KNOXVILLE, TN (FHA|USDA|VA) 1 $5,315,000 $5,315,000 $0 0.00%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $1,825,000 $1,825,000 $0 0.00%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $1,325,000 $1,325,000 $0 0.00%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $945,000 $945,000 $0 0.00%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $755,000 $755,000 $0 0.00%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $705,000 $705,000 $0 0.00%
Whitewater, WI (FHA|USDA|VA) 1 $615,000 $615,000 $0 0.00%
Outside of Metro Areas 2 $520,000 $260,000 $0 0.00%
Wintrust Bank N.a.'s top markets include Chicago, Knoxville, Miami, San Diego, and Las Vegas among others.

Their top states include:
  • Illinois (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 192 $137,680,000 $717,083 $0 0.00%

    For 2018, Wintrust Bank N.a.'s most frequently originated type of loan was Conventional, with 192 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 102 $81,140,000 $795,490 $0 0.00%
    Refi 69 $44,925,000 $651,087 $0 0.00%
    Cash Out Refi 15 $8,575,000 $571,667 $0 0.00%
    Other 4 $2,230,000 $557,500 $0 0.00%
    Home Improvement 2 $810,000 $405,000 $0 0.00%

    For 2018, Wintrust Bank N.a.'s most frequently cited loan purpose was Home Purchase, with 102 originations. The 2nd most popular reason was Refi, with 69 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 192 $137,680,000 $717,083 $0 0.00%

    For 2018, Wintrust Bank N.a.'s most frequently cited loan duration was Other, with 192 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 42 $12,150,000 $289,286 $0 0.00%
    $600k-1MM 41 $31,795,000 $775,488 $0 0.00%
    $1MM+ 36 $71,700,000 $1,991,667 $0 0.00%
    $400k-600k 35 $17,275,000 $493,571 $0 0.00%
    $100k-200k 30 $4,220,000 $140,667 $0 0.00%
    $100,000 or less 8 $540,000 $67,500 $0 0.00%

    2018 saw Wintrust Bank N.a. place emphasis on $200k-400k loans with 42 originations, totaling $12,150,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 44 $38,160,000 $867,273 $0 0.00%
    $150k-250k 38 $17,800,000 $468,421 $0 0.00%
    $100k-150k 12 $3,810,000 $317,500 $0 0.00%
    $50k-75k 11 $2,285,000 $207,727 $0 0.00%
    $50k or less 6 $1,100,000 $183,333 $0 0.00%
    $75k-100k 5 $905,000 $181,000 $0 0.00%

    Wintrust Bank N.a. lent most frequently to those with incomes in the $250k+ range, with 44 originations. The second most popular income band? $150k-250k, with 38 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 192 $137,680,000 $717,083 $0 0.00%

    Wintrust Bank N.a. lent most frequently to those with DTI ratios of Exempt%, with 192 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 61 $66,855,000 $1,095,984 $0 0.00%
    White 102 $53,460,000 $524,118 $0 0.00%
    Not provided 18 $12,370,000 $687,222 $0 0.00%
    Asian 7 $3,735,000 $533,571 $0 0.00%
    Black 4 $1,260,000 $315,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.96%

    Wintrust Bank N.a. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    84.38%

    Wintrust Bank N.a. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 192 $137,680,000 $717,083

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 49 $62,465,000 $1,274,796
    Single Family (1-4 Units):Site-Built 143 $75,215,000 $525,979

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Wintrust Bank 100 West North Avenue Chicago, IL 60610 Full Service B&M $115,335
    Wintrust Bank 1145 Wilmette Avenue Wilmette, IL 60091 Full Service B&M $353,651
    Wintrust Bank 1740 Sherman Avenue Evanston, IL 60201 Full Service B&M $72,602
    Wintrust Bank 1800 South Blue Island Avenue Chicago, IL 60608 Full Service B&M $8,619
    Wintrust Bank 1946 W Irving Park Road Chicago, IL 60613 Full Service B&M $75,832
    Wintrust Bank 2139 West Irving Park Road Chicago, IL 60613 Full Service B&M $9,509
    Wintrust Bank 2250 N. Sheffield Avenue Chicago, IL 60614 Full Service B&M $412
    Wintrust Bank 2300 West Lawrence Avenue Chicago, IL 60625 Full Service B&M $62,707
    Wintrust Bank 231 South La Salle Street Chicago, IL 60604 Full Service B&M $2,765,663
    Wintrust Bank 2400 West Madison Street Chicago, IL 60612 Full Service B&M $4,021
    Wintrust Bank 247 South State Street Chicago, IL 60604 Full Service B&M $793
    Wintrust Bank 2814 W. Fullerton Chicago, IL 60647 Full Service B&M $20,122
    Wintrust Bank 3050 North Harlem Avenue Chicago, IL 60634 Full Service B&M $45,762
    Wintrust Bank 3234 N. Damen Avenue Chicago, IL 60618 Full Service B&M $25,524
    Wintrust Bank 360 East Ohio Street Chicago, IL 60611 Limited, Drive-thru $24,774
    Wintrust Bank 362 Park Avenue Glencoe, IL 60022 Full Service B&M $133,020
    Wintrust Bank 3620 North Clark Street Chicago, IL 60613 Full Service B&M $49,517
    Wintrust Bank 431 North Clark Street Chicago, IL 60654 Full Service B&M $60,580
    Wintrust Bank 4343 N Elston Avenue Chicago, IL 60641 Full Service B&M $83,253
    Wintrust Bank 4343 West Peterson Chicago, IL 60646 Full Service B&M $150,417
    Wintrust Bank 4369 North Harlem Avenue Norridge, IL 60706 Full Service B&M $119,554
    Wintrust Bank 576 Lincoln Avenue Winnetka, IL 60093 Full Service B&M $156,432
    Wintrust Bank 6336 North Milwaukee Avenue Chicago, IL 60646 Full Service B&M $46,036
    Wintrust Bank 635 Vernon Avenue Glencoe, IL 60022 Limited, Drive-thru $0
    Wintrust Bank 70 West Madison Street Chicago, IL 60602 Full Service B&M $27,425
    Wintrust Bank 720 12th Street Wilmette, IL 60091 Limited, Drive-thru $0
    Wintrust Bank 7555 North Western Avenue Chicago, IL 60645 Full Service B&M $33,335
    Wintrust Bank 7800 Lincoln Ave Skokie, IL 60077 Full Service B&M $132,419

    For 2018, Wintrust Bank N.a. had 28 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $213,627
    Net interest income $177,104
    Total noninterest income $78,925
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $9,004
    Trading account gains and fees $5,483
    Additional Noninterest Income $64,438
    Pre-tax net operating income $109,943
    Securities gains (or losses, -) $-65
    Income before extraordinary items $82,618
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $82,618
    Minority interest net income $0
    Net income $82,618
    Sale, conversion, retirement of capital stock, net $1,669
    Net operating income $82,669

    Wintrust Bank N.a.'s gross interest income from loans was $213,627,000.
    Wintrust Bank N.a.'s net interest income from loans was $177,104,000.
    Wintrust Bank N.a.'s fee based income from loans was $9,004,000.
    Wintrust Bank N.a.'s net income from loans was $82,618,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $36,523
    Provision for credit losses $11,406
    Total noninterest expense $134,680
    Salaries and employee benefits $73,902
    Premises and equipment expense $17,276
    Additional noninterest expense $43,502
    Applicable income taxes $27,260
    Net charge-offs $7,522
    Cash dividends $0

    Wintrust Bank N.a.'s interest expense for loans was $36,523,000.
    Wintrust Bank N.a.'s payroll and benefits expense were $73,902,000.
    Wintrust Bank N.a.'s property, plant and equipment expenses $17,276,000.

    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 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 $5,160,625
    Deposits held in domestic offices $5,160,625
    Deposits by Individuals, partnerships, and corporations $4,944,351
    Deposits by U.S. Government $5
    Deposits by States and political subdivisions in the U.S. $192,923
    Deposits by Commercial banks and other depository institutions in U.S. $23,346
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $1,849,706
    Demand deposits $1,833,451
    Nontransaction accounts $3,310,919
    Money market deposit accounts (MMDAs) $2,143,688
    Other savings deposits (excluding MMDAs) $382,385
    Total time deposits $784,846
    Total time and savings deposits $3,327,174
    Noninterest-bearing deposits $1,638,841
    Interest-bearing deposits $3,521,784
    Retail deposits $4,673,298
    IRAs and Keogh plan accounts $132,385
    Brokered deposits $260,035
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $5,889,864
    Cash & Balances due from depository institutions $477,782
    Interest-bearing balances $394,815
    Total securities $319,580
    Federal funds sold & reverse repurchase $57,004
    Net loans and leases $4,676,807
    Loan and leases loss allowance $38,589
    Trading account assets $19,264
    Bank premises and fixed assets $91,994
    Other real estate owned $4,975
    Goodwill and other intangibles $53,055
    All other assets $189,403

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $5,889,864
    Total Liabilities $5,297,347
    Total deposits $5,160,625
    Interest-bearing deposits $3,521,784
    Deposits held in domestic offices $5,160,625
    % insured (estimated) $50
    Federal funds purchased and repurchase agreements $12,110
    Trading liabilities $17,381
    Other borrowed funds $36,448
    Subordinated debt $28,500
    All other liabilities $42,283

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $4,676,807
    Loan and leases loss allowance $38,589
    Total loans and leases (domestic) $4,715,396
    All real estate loans $1,838,106
    Real estate loans in domestic offices $1,838,106
    Construction and development loans $262,148
    Residential 1-4 family construction $29,201
    Other construction, all land development and other land $232,947
    Loans secured by nonfarm nonresidential properties $999,150
    Nonfarm nonresidential secured by owner-occupied properties $212,045
    Commercial real estate & other non-farm, non-residential $787,105
    Multifamily residential real estate $210,660
    1-4 family residential loans $366,148
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $2,389,875
    To non-U.S. addressees $0
    Loans to individuals $374,819
    Credit card loans $0
    Related Plans $457
    Consumer Auto Loans $8
    Other loans to individuals $374,354
    All other loans & leases $112,596
    Loans to foreign governments and official institutions $0
    Other loans $14,863
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $71,508
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $4,542
    Non 1-4 family restructured loans & leases $3,903
    Total loans and leases (foreign) $0

    Wintrust Bank N.A. had $4,676,807,000 of loans outstanding in 2018. $1,838,106,000 of loans were in real estate loans. $262,148,000 of loans were in development loans. $210,660,000 of loans were in multifamily mortgage loans. $366,148,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $8,000 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 306 $122,170 $399,248
    Nonfarm, nonresidential loans - <$100k 16 $879 $54,938
    Nonfarm, nonresidential loans - $100-250k 68 $10,753 $158,132
    Nonfarm, nonresidential loans - $250k-1MM 222 $110,538 $497,919
    Commercial & Industrial, US addressed loans - <$1MM 17,293 $376,786 $21,788
    Commercial & Industrial, US addressed loans - <$100k 15,805 $104,943 $6,640
    Commercial & Industrial, US addressed loans - $100-250k 856 $70,046 $81,829
    Commercial & Industrial, US addressed loans - $250k-1MM 632 $201,797 $319,299