Wintrust Bank N.a. Mortgage Rates, Fees & Info
Chicago, ILLEI: 549300RAQJBTN6Z28096
Tax ID: 36-3970472
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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, New York, Nashville, Denver, and Heber among others. We have data for 11 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
259Origination Dollar Volume (All Markets)
$246,275,000Employee count
565Top 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) | 247 | $228,515,000 | $925,162 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 2 | $4,240,000 | $2,120,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $2,385,000 | $2,385,000 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $2,325,000 | $2,325,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $2,185,000 | $2,185,000 | $0 | 0.00% |
| Heber, UT (FHA|USDA|VA) | 1 | $1,925,000 | $1,925,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $1,455,000 | $1,455,000 | $0 | 0.00% |
| NILES, MI (FHA|USDA|VA) | 1 | $1,195,000 | $1,195,000 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $1,190,000 | $595,000 | $0 | 0.00% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 259 | $246,275,000 | $950,869 | $0 | 0.00% |
For 2019, Wintrust Bank N.a.'s most frequently originated type of loan was Conventional, with 259 originations.
Loan Reason
For 2019, Wintrust Bank N.a.'s most frequently cited loan purpose was Home Purchase, with 132 originations. The 2nd most popular reason was Refi, with 96 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 259 | $246,275,000 | $950,869 | $0 | 0.00% |
For 2019, Wintrust Bank N.a.'s most frequently cited loan duration was Other, with 259 originations.
Loan Sizing
2019 saw Wintrust Bank N.a. place emphasis on $600k-1MM loans with 58 originations, totaling $43,130,000 in origination value.
Applicant Income
Wintrust Bank N.a. lent most frequently to those with incomes in the $250k+ range, with 80 originations. The second most popular income band? $150k-250k, with 62 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 259 | $246,275,000 | $950,869 | $0 | 0.00% |
Wintrust Bank N.a. lent most frequently to those with DTI ratios of Exempt%, with 259 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.98%
Wintrust Bank N.a. has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination83.01%
Wintrust Bank N.a. has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 259 | $246,275,000 | $950,869 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 41 | $107,585,000 | $2,624,024 |
| Single Family (1-4 Units):Site-Built | 218 | $138,690,000 | $636,193 |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Wintrust Bank | 100 West North Avenue Chicago, IL 60610 | Full Service B&M | $145,652 |
| Wintrust Bank | 1000 North Rush Street Chicago, IL 60611 | Full Service B&M | $157,574 |
| Wintrust Bank | 1145 Wilmette Avenue Wilmette, IL 60091 | Full Service B&M | $357,503 |
| Wintrust Bank | 1740 Sherman Avenue Evanston, IL 60201 | Full Service B&M | $225,220 |
| Wintrust Bank | 1800 South Blue Island Avenue Chicago, IL 60608 | Full Service B&M | $11,809 |
| Wintrust Bank | 190 East Delaware Place Chicago, IL 60611 | Full Service B&M | $157,199 |
| Wintrust Bank | 1946 W Irving Park Road Chicago, IL 60613 | Full Service B&M | $9,777 |
| Wintrust Bank | 2139 West Irving Park Road Chicago, IL 60613 | Full Service B&M | $85,383 |
| Wintrust Bank | 2250 N. Sheffield Avenue Chicago, IL 60614 | Full Service B&M | $1,327 |
| Wintrust Bank | 2300 West Lawrence Avenue Chicago, IL 60625 | Full Service B&M | $65,277 |
| Wintrust Bank | 231 South La Salle Street Chicago, IL 60604 | Full Service B&M | $2,679,681 |
| Wintrust Bank | 2400 West Madison Street Chicago, IL 60612 | Full Service B&M | $9,717 |
| Wintrust Bank | 247 South State Street Chicago, IL 60604 | Full Service B&M | $1,523 |
| Wintrust Bank | 2814 W. Fullerton Chicago, IL 60647 | Full Service B&M | $21,311 |
| Wintrust Bank | 3050 North Harlem Avenue Chicago, IL 60634 | Full Service B&M | $55,652 |
| Wintrust Bank | 3234 N. Damen Avenue Chicago, IL 60618 | Full Service B&M | $28,887 |
| Wintrust Bank | 360 East Ohio Street Chicago, IL 60611 | Limited, Drive-thru | $32,217 |
| Wintrust Bank | 362 Park Avenue Glencoe, IL 60022 | Full Service B&M | $147,833 |
| Wintrust Bank | 3620 North Clark Street Chicago, IL 60613 | Full Service B&M | $79,603 |
| Wintrust Bank | 431 North Clark Street Chicago, IL 60654 | Full Service B&M | $59,668 |
| Wintrust Bank | 4343 N Elston Avenue Chicago, IL 60641 | Full Service B&M | $87,188 |
| Wintrust Bank | 4343 West Peterson Chicago, IL 60646 | Full Service B&M | $167,457 |
| Wintrust Bank | 4369 North Harlem Avenue Norridge, IL 60706 | Full Service B&M | $140,291 |
| Wintrust Bank | 576 Lincoln Avenue Winnetka, IL 60093 | Full Service B&M | $151,149 |
| Wintrust Bank | 6336 North Milwaukee Avenue Chicago, IL 60646 | Full Service B&M | $57,076 |
| 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 | $25,426 |
| 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 | $34,791 |
| Wintrust Bank | 7800 Lincoln Ave Skokie, IL 60077 | Full Service B&M | $214,836 |
| Wintrust Bank | 801 West Fulton Market Chicago, IL 60607 | Full Service B&M | $6,118 |
| Wintrust Bank | 901 Grove Street Evanston, IL 60201 | Full Service B&M | $157,292 |
For 2019, Wintrust Bank N.a. had 32 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $261,069 |
| Net interest income | $202,481 |
| Total noninterest income | $83,110 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $10,273 |
| Trading account gains and fees | $3,396 |
| Additional Noninterest Income | $69,441 |
| Pre-tax net operating income | $132,926 |
| Securities gains (or losses, -) | $71 |
| Income before extraordinary items | $98,945 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $98,945 |
| Minority interest net income | $0 |
| Net income | $98,945 |
| Sale, conversion, retirement of capital stock, net | $1,416 |
| Net operating income | $98,888 |
Wintrust Bank N.a.'s gross interest income from loans was $261,069,000.
Wintrust Bank N.a.'s net interest income from loans was $202,481,000.
Wintrust Bank N.a.'s fee based income from loans was $10,273,000.
Wintrust Bank N.a.'s net income from loans was $98,945,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $58,588 |
| Provision for credit losses | $3,520 |
| Total noninterest expense | $149,145 |
| Salaries and employee benefits | $84,994 |
| Premises and equipment expense | $20,753 |
| Additional noninterest expense | $43,398 |
| Applicable income taxes | $34,052 |
| Net charge-offs | $2,120 |
| Cash dividends | $20,000 |
Wintrust Bank N.a.'s interest expense for loans was $58,588,000.
Wintrust Bank N.a.'s payroll and benefits expense were $84,994,000.
Wintrust Bank N.a.'s property, plant and equipment expenses $20,753,000.
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 | $5,952,117 |
| Deposits held in domestic offices | $5,952,117 |
| Deposits by Individuals, partnerships, and corporations | $5,717,844 |
| Deposits by U.S. Government | $3 |
| Deposits by States and political subdivisions in the U.S. | $226,651 |
| Deposits by Commercial banks and other depository institutions in U.S. | $7,619 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $1,985,632 |
| Demand deposits | $1,969,957 |
| Nontransaction accounts | $3,966,485 |
| Money market deposit accounts (MMDAs) | $2,648,872 |
| Other savings deposits (excluding MMDAs) | $445,648 |
| Total time deposits | $871,965 |
| Total time and savings deposits | $3,982,160 |
| Noninterest-bearing deposits | $1,746,658 |
| Interest-bearing deposits | $4,205,459 |
| Retail deposits | $5,528,146 |
| IRAs and Keogh plan accounts | $79,565 |
| Brokered deposits | $130,506 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $6,849,194 |
| Cash & Balances due from depository institutions | $672,441 |
| Interest-bearing balances | $611,999 |
| Total securities | $506,985 |
| Federal funds sold & reverse repurchase | $76,004 |
| Net loans and leases | $5,159,789 |
| Loan and leases loss allowance | $39,976 |
| Trading account assets | $28,031 |
| Bank premises and fixed assets | $129,653 |
| Other real estate owned | $2,953 |
| Goodwill and other intangibles | $65,945 |
| All other assets | $207,393 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $6,849,194 |
| Total Liabilities | $6,118,668 |
| Total deposits | $5,952,117 |
| Interest-bearing deposits | $4,205,459 |
| Deposits held in domestic offices | $5,952,117 |
| % insured (estimated) | $47 |
| Federal funds purchased and repurchase agreements | $14,674 |
| Trading liabilities | $26,963 |
| Other borrowed funds | $46,103 |
| Subordinated debt | $0 |
| All other liabilities | $78,811 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $5,159,789 |
| Loan and leases loss allowance | $39,976 |
| Total loans and leases (domestic) | $5,199,765 |
| All real estate loans | $2,280,513 |
| Real estate loans in domestic offices | $2,280,513 |
| Construction and development loans | $347,727 |
| Residential 1-4 family construction | $15,695 |
| Other construction, all land development and other land | $332,032 |
| Loans secured by nonfarm nonresidential properties | $1,215,274 |
| Nonfarm nonresidential secured by owner-occupied properties | $267,243 |
| Commercial real estate & other non-farm, non-residential | $948,031 |
| Multifamily residential real estate | $253,368 |
| 1-4 family residential loans | $463,244 |
| Farmland loans | $900 |
| Loans held in foreign offices | $0 |
| Farm loans | $0 |
| Commercial and industrial loans | $2,282,353 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $458,850 |
| Credit card loans | $0 |
| Related Plans | $762 |
| Consumer Auto Loans | $79 |
| Other loans to individuals | $458,009 |
| All other loans & leases | $178,049 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $18,937 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $66,524 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $5,125 |
| Non 1-4 family restructured loans & leases | $4,268 |
| Total loans and leases (foreign) | $0 |
Wintrust Bank N.A. had $5,159,789,000 of loans outstanding in 2019. $2,280,513,000 of loans were in real estate loans. $347,727,000 of loans were in development loans. $253,368,000 of loans were in multifamily mortgage loans. $463,244,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $79,000 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 | 352 | $138,477 | $393,401 |
| Nonfarm, nonresidential loans - <$100k | 16 | $1,052 | $65,750 |
| Nonfarm, nonresidential loans - $100-250k | 72 | $10,605 | $147,292 |
| Nonfarm, nonresidential loans - $250k-1MM | 264 | $126,820 | $480,379 |
| Commercial & Industrial, US addressed loans - <$1MM | 13,464 | $357,462 | $26,549 |
| Commercial & Industrial, US addressed loans - <$100k | 12,218 | $93,542 | $7,656 |
| Commercial & Industrial, US addressed loans - $100-250k | 679 | $65,915 | $97,077 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 567 | $198,005 | $349,215 |
| Farmland loans - <$1MM | 1 | $150 | $150,000 |
| Farmland loans - $100-250k | 1 | $150 | $150,000 |