Blc Community Bank Mortgage Rates, Fees & Info

Little Chute, WI

LEI: 549300WVVCPSUJMG9419

Tax ID: 39-0147835

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
  • Complaints
  • 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

    Blc Community Bank is a smaller bank specializing in Home Purchase, Refi, and Cash Out Refi loans. Blc Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Appleton, Oshkosh, Green Bay, Shawano, and Phoenix among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Blc 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. Blc 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 5.91% 11/22/24
    30 Year Conventional Refi 5.87% 11/22/24
    30 Year Cash-out Refi 6.92% 11/22/24
    15 Year Conventional Purchase 5.54% 11/22/24
    15 Year Conventional Refi 5.73% 11/22/24
    15 Year Cash-out Refi 5.73% 11/22/24
    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.

    Blc Community Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Blc 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

    313

    Origination Dollar Volume (All Markets)

    $69,275,000

    Employee count

    35

    Awards

    BLC Community Bank 30 Year Conventional Loans silver BLC Community Bank 30 Year Conventional Loans gold
    Show all (2) 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 $49,460,000 $222,793 $1,530 3.12%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 28 $6,120,000 $218,571 $1,354 3.31%
    GREEN BAY, WI (FHA|USDA|VA) 21 $4,805,000 $228,810 $1,365 3.02%
    Shawano, WI (FHA|USDA|VA) 12 $2,900,000 $241,667 $2,096 2.81%
    Outside of Metro Areas 11 $1,925,000 $175,000 $1,481 3.14%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $950,000 $475,000 $2,850 3.00%
    JACKSONVILLE, FL (FHA|USDA|VA) 2 $730,000 $365,000 $2,717 3.50%
    Marinette, WI-MI (FHA|USDA|VA) 3 $545,000 $181,667 $1,680 3.50%
    Manitowoc, WI (FHA|USDA|VA) 4 $500,000 $125,000 $2,329 3.78%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $350,000 $175,000 $2,023 3.06%
    MADISON, WI (FHA|USDA|VA) 1 $335,000 $335,000 $1,614 3.13%
    FOND DU LAC, WI (FHA|USDA|VA) 1 $305,000 $305,000 $1,574 3.25%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 2 $200,000 $100,000 $2,296 3.81%
    Stevens Point, WI (FHA|USDA|VA) 1 $95,000 $95,000 $537 3.88%
    Platteville, WI (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.75%
    Blc Community Bank's top markets include Appleton, Oshkosh, Green Bay, Shawano, and Phoenix among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against BLC 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 313 $69,275,000 $221,326 $1,555 3.14%

    For 2021, Blc Community Bank's most frequently originated type of loan was Conventional, with 313 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 137 $36,075,000 $263,321 $1,792 3.35%
    Refi 98 $17,560,000 $179,184 $1,409 3.04%
    Cash Out Refi 73 $15,455,000 $211,712 $1,449 2.83%
    Other 4 $170,000 $42,500 $360 3.97%
    Home Improvement 1 $15,000 $15,000 $51 4.00%

    For 2021, Blc Community Bank's most frequently cited loan purpose was Home Purchase, with 137 originations. The 2nd most popular reason was Refi, with 98 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 140 $37,290,000 $266,357 $1,736 3.10%
    15 Year 80 $14,920,000 $186,500 $1,496 2.47%
    5 Year 41 $7,865,000 $191,829 $26 4.16%
    Other 32 $6,300,000 $196,875 $863 3.71%
    20 Year 19 $2,825,000 $148,684 $1,506 3.11%
    10 Year 1 $75,000 $75,000 $969 3.75%

    For 2021, Blc Community Bank's most frequently cited loan duration was 30 Year, with 140 originations. The 2nd most popular length was 15 Year, with 80 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 265 $59,815,000 $225,717

    Blc Community Bank's average total fees were $1,736, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 265 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 130 $30,290,000 $233,000
    2.5-3% 95 $23,375,000 $246,053
    <2.5% 61 $10,905,000 $178,770
    4-5% 26 $4,690,000 $180,385
    5-6% 1 $15,000 $15,000

    During 2021, Blc Community Bank's average interest rate for loans was 3.10%, while their most frequently originated rate bucket for loans was 3-4%, with 130 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 123 $17,605,000 $143,130 $1,596 3.06%
    $200k-400k 107 $28,625,000 $267,523 $1,615 3.16%
    $100,000 or less 42 $2,950,000 $70,238 $1,123 3.40%
    $400k-600k 39 $18,385,000 $471,410 $1,582 3.07%
    $1MM+ 1 $1,095,000 $1,095,000 $3,819 3.75%
    $600k-1MM 1 $615,000 $615,000 $3,036 3.75%

    2021 saw Blc Community Bank place emphasis on $100k-200k loans with 123 originations, totaling $17,605,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 66 $15,140,000 $229,394 $1,562 2.92%
    $75k-100k 56 $10,500,000 $187,500 $1,535 2.97%
    $150k-250k 53 $14,445,000 $272,547 $1,465 2.96%
    $50k-75k 41 $5,985,000 $145,976 $1,624 3.00%
    $250k+ 33 $11,485,000 $348,030 $1,730 3.19%
    $50k or less 17 $2,095,000 $123,235 $1,569 3.13%

    Blc Community Bank lent most frequently to those with incomes in the $100k-150k range, with 66 originations. The second most popular income band? $75k-100k, with 56 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 88 $19,070,000 $216,705 $1,552 2.97%
    30-36% 61 $14,865,000 $243,689 $1,685 3.00%
    <20% 56 $11,590,000 $206,964 $1,414 2.84%
    43% 7 $1,885,000 $269,286 $1,515 3.25%
    37% 7 $1,565,000 $223,571 $1,686 3.11%
    41% 6 $1,610,000 $268,333 $1,793 3.00%
    36% 6 $1,530,000 $255,000 $1,799 3.08%
    42% 6 $1,740,000 $290,000 $1,316 2.85%
    44% 5 $895,000 $179,000 $1,711 2.83%
    38% 4 $970,000 $242,500 $998 2.88%
    39% 4 $1,040,000 $260,000 $1,698 2.91%
    40% 4 $650,000 $162,500 $1,520 3.53%
    45% 3 $575,000 $191,667 $1,371 3.13%
    47% 3 $815,000 $271,667 $1,740 2.79%
    46% 2 $540,000 $270,000 $1,100 2.81%
    48% 2 $310,000 $155,000 $1,662 3.13%
    50-60% 1 $165,000 $165,000 $1,462 3.63%

    Blc Community Bank lent most frequently to those with DTI ratios of 20-30%, with 88 originations. The next most common DTI ratio? 30-36%, with 61 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 270 $60,500,000 $224,074 $1,555 2.99%
    Not applicable 43 $8,775,000 $204,070 $0 4.12%

    Approval Rates

    Total approvals of all applications
    97.91%

    Blc 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
    95.21%

    Blc Community Bank has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 313 $69,275,000 $221,326

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    313 $69,275,000 $221,326

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 38 $6,640,000 $174,737 $1,164 2.82%
    40-60% 67 $14,055,000 $209,776 $1,484 2.98%
    60-80% 116 $26,770,000 $230,776 $1,538 3.11%
    80-100% 81 $21,145,000 $261,049 $2,088 3.40%
    Under 20% 11 $665,000 $60,455 $396 3.76%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Blue Sky Capital Realty, Inc. Conventional home mortgage Struggling to pay mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Blc Community Bank 206 East Main Street Little Chute, WI 54140 Full Service B&M $249,084

    For 2021, Blc Community Bank had 1 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $12,463
    Net interest income $10,703
    Total noninterest income $1,953
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $31
    Trading account gains and fees $0
    Additional Noninterest Income $1,922
    Pre-tax net operating income $6,875
    Securities gains (or losses, -) $239
    Income before extraordinary items $7,114
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $7,114
    Minority interest net income $0
    Net income $7,114
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $6,875

    Blc Community Bank's gross interest income from loans was $12,463,000.
    Blc Community Bank's net interest income from loans was $10,703,000.
    Blc Community Bank's fee based income from loans was $31,000.
    Blc Community Bank's net income from loans was $7,114,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,760
    Provision for credit losses $75
    Total noninterest expense $5,706
    Salaries and employee benefits $3,955
    Premises and equipment expense $232
    Additional noninterest expense $1,519
    Applicable income taxes $0
    Net charge-offs $-16
    Cash dividends $4,483

    Blc Community Bank's interest expense for loans was $1,760,000.
    Blc Community Bank's payroll and benefits expense were $3,955,000.
    Blc Community Bank's property, plant and equipment expenses $232,000.

    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 $265,907
    Deposits held in domestic offices $265,907
    Deposits by Individuals, partnerships, and corporations $256,730
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $9,177
    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 $73,989
    Demand deposits $62,420
    Nontransaction accounts $191,918
    Money market deposit accounts (MMDAs) $103,939
    Other savings deposits (excluding MMDAs) $26,190
    Total time deposits $61,791
    Total time and savings deposits $203,487
    Noninterest-bearing deposits $62,420
    Interest-bearing deposits $203,487
    Retail deposits $228,396
    IRAs and Keogh plan accounts $8,180
    Brokered deposits $17,569
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $317,519
    Cash & Balances due from depository institutions $1,942
    Interest-bearing balances $806
    Total securities $68,547
    Federal funds sold & reverse repurchase $12,587
    Net loans and leases $228,380
    Loan and leases loss allowance $2,930
    Trading account assets $0
    Bank premises and fixed assets $1,738
    Other real estate owned $0
    Goodwill and other intangibles $1,198
    All other assets $3,127

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $317,519
    Total Liabilities $280,324
    Total deposits $265,907
    Interest-bearing deposits $203,487
    Deposits held in domestic offices $265,907
    % insured (estimated) $60
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $13,000
    Subordinated debt $0
    All other liabilities $1,417

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $228,380
    Loan and leases loss allowance $2,930
    Total loans and leases (domestic) $231,310
    All real estate loans $199,047
    Real estate loans in domestic offices $199,047
    Construction and development loans $26,646
    Residential 1-4 family construction $11,849
    Other construction, all land development and other land $14,797
    Loans secured by nonfarm nonresidential properties $119,781
    Nonfarm nonresidential secured by owner-occupied properties $65,715
    Commercial real estate & other non-farm, non-residential $54,066
    Multifamily residential real estate $9,195
    1-4 family residential loans $42,136
    Farmland loans $1,289
    Loans held in foreign offices $0
    Farm loans $291
    Commercial and industrial loans $28,676
    To non-U.S. addressees $0
    Loans to individuals $672
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $300
    Other loans to individuals $372
    All other loans & leases $2,624
    Loans to foreign governments and official institutions $0
    Other loans $124
    Loans to depository institutions and acceptances of other banks $2,500
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    BLC Community Bank had $228,380,000 of loans outstanding in 2021. $199,047,000 of loans were in real estate loans. $26,646,000 of loans were in development loans. $9,195,000 of loans were in multifamily mortgage loans. $42,136,000 of loans were in 1-4 family mortgage loans. $291,000 of loans were in farm loans. $0 of loans were in credit card loans. $300,000 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 171 $46,465 $271,725
    Nonfarm, nonresidential loans - <$100k 41 $1,609 $39,244
    Nonfarm, nonresidential loans - $100-250k 44 $7,230 $164,318
    Nonfarm, nonresidential loans - $250k-1MM 86 $37,626 $437,512
    Commercial & Industrial, US addressed loans - <$1MM 189 $13,027 $68,926
    Commercial & Industrial, US addressed loans - <$100k 119 $1,778 $14,941
    Commercial & Industrial, US addressed loans - $100-250k 27 $2,537 $93,963
    Commercial & Industrial, US addressed loans - $250k-1MM 43 $8,712 $202,605
    Farmland loans - <$1MM 8 $1,289 $161,125
    Farmland loans - <$100k 1 $15 $15,000
    Farmland loans - $100-250k 5 $694 $138,800
    Farmland loans - $250k-1MM 2 $580 $290,000
    Agriculture operations loans - <$1MM 3 $290 $96,667
    Agriculture operations loans - <$100k 1 $42 $42,000
    Agriculture operations loans - $100-250k 2 $248 $124,000