Wyoming Bank & Trust Mortgage Rates, Fees & Info
Cheyenne, WYLEI: 549300XCHJ481RPPSP63
Tax ID: 83-0117330
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Mortgage Data
Bank Data
Review & Overview
Wyoming Bank & Trust is a smaller bank specializing in Home Purchase loans. Wyoming Bank & Trust has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Cheyenne, Laramie, Phoenix, Fort Collins, and Denver among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)Wyoming Bank & Trust 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.
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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 5.85% | 11/22/24 |
| 30 Year Conventional Refi | 6.14% | 11/22/24 |
| 30 Year Cash-out Refi | 6.74% | 11/22/24 |
| 30 Year FHA Purchase | 6.63% | 11/22/24 |
| 30 Year VA Purchase | 5.77% | 11/22/24 |
| 30 Year VA Refi | 5.58% | 11/22/24 |
| 15 Year Conventional Purchase | 5.92% | 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. | ||
Wyoming Bank & Trust Mortgage Calculator
Your Estimates
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
274Origination Dollar Volume (All Markets)
$54,240,000Employee count
39Top 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 |
|---|---|---|---|---|---|
| CHEYENNE, WY (FHA|USDA|VA) | 238 | $46,650,000 | $196,008 | $0 | 0.00% |
| Laramie, WY (FHA|USDA|VA) | 9 | $1,915,000 | $212,778 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 5 | $1,525,000 | $305,000 | $0 | 0.00% |
| FORT COLLINS, CO (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $515,000 | $171,667 | $0 | 0.00% |
| GREELEY, CO (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $0 | 0.00% |
| CASPER, WY (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 4 | $390,000 | $97,500 | $0 | 0.00% |
| Gillette, WY (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| RAPID CITY, SD (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Mitchell, SD (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| OCALA, FL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| Rock Springs, WY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| Craig, CO (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Wyoming Bank & Trust based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2018, Wyoming Bank & Trust's most frequently originated type of loan was Conventional, with 177 originations. Their 2nd most popular type was VA, with 52 originations.
Loan Reason
For 2018, Wyoming Bank & Trust's most frequently cited loan purpose was Home Purchase, with 224 originations. The 2nd most popular reason was Cash Out Refi, with 28 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 274 | $54,240,000 | $197,956 | $0 | 0.00% |
For 2018, Wyoming Bank & Trust's most frequently cited loan duration was Other, with 274 originations.
Loan Sizing
2018 saw Wyoming Bank & Trust place emphasis on $200k-400k loans with 124 originations, totaling $33,380,000 in origination value.
Applicant Income
Wyoming Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 91 originations. The second most popular income band? $100k-150k, with 53 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 274 | $54,240,000 | $197,956 | $0 | 0.00% |
Wyoming Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 274 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.14%
Wyoming Bank & Trust has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination89.42%
Wyoming Bank & Trust has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 274 | $54,240,000 | $197,956 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 5 | $995,000 | $199,000 |
| Single Family (1-4 Units):Site-Built | 269 | $53,245,000 | $197,937 |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Wyoming Bank & Trust | 120 Main Street Burns, WY 82053 | Full Service B&M | $31,717 |
| Wyoming Bank & Trust | 5827 Yellowstone Road Cheyenne, WY 82009 | Full Service B&M | $133,257 |
For 2018, Wyoming Bank & Trust had 2 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $6,838 |
| Net interest income | $6,127 |
| Total noninterest income | $17,560 |
| Gross Fiduciary activities income | $1,108 |
| Service charges on deposit accounts | $39 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $16,413 |
| Pre-tax net operating income | $4,116 |
| Securities gains (or losses, -) | $-19 |
| Income before extraordinary items | $4,097 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $4,097 |
| Minority interest net income | $0 |
| Net income | $4,097 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $4,116 |
Wyoming Bank & Trust's gross interest income from loans was $6,838,000.
Wyoming Bank & Trust's net interest income from loans was $6,127,000.
Wyoming Bank & Trust's fee based income from loans was $39,000.
Wyoming Bank & Trust's net income from loans was $4,097,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $711 |
| Provision for credit losses | $0 |
| Total noninterest expense | $19,571 |
| Salaries and employee benefits | $5,830 |
| Premises and equipment expense | $963 |
| Additional noninterest expense | $12,778 |
| Applicable income taxes | $0 |
| Net charge-offs | $-2 |
| Cash dividends | $1,650 |
Wyoming Bank & Trust's interest expense for loans was $711,000.
Wyoming Bank & Trust's payroll and benefits expense were $5,830,000.
Wyoming Bank & Trust's property, plant and equipment expenses $963,000.
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 | $175,152 |
| Deposits held in domestic offices | $175,152 |
| Deposits by Individuals, partnerships, and corporations | $168,818 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $6,334 |
| 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 | $121,913 |
| Demand deposits | $40,579 |
| Nontransaction accounts | $53,239 |
| Money market deposit accounts (MMDAs) | $18,659 |
| Other savings deposits (excluding MMDAs) | $17,795 |
| Total time deposits | $16,785 |
| Total time and savings deposits | $134,573 |
| Noninterest-bearing deposits | $40,579 |
| Interest-bearing deposits | $134,573 |
| Retail deposits | $172,941 |
| IRAs and Keogh plan accounts | $623 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $197,445 |
| Cash & Balances due from depository institutions | $15,537 |
| Interest-bearing balances | $13,841 |
| Total securities | $72,323 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $97,966 |
| Loan and leases loss allowance | $1,727 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $5,189 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $1,030 |
| All other assets | $5,400 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $197,445 |
| Total Liabilities | $177,041 |
| Total deposits | $175,152 |
| Interest-bearing deposits | $134,573 |
| Deposits held in domestic offices | $175,152 |
| % insured (estimated) | $76 |
| Federal funds purchased and repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $1,543 |
| Subordinated debt | $0 |
| All other liabilities | $346 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $97,966 |
| Loan and leases loss allowance | $1,727 |
| Total loans and leases (domestic) | $99,693 |
| All real estate loans | $69,309 |
| Real estate loans in domestic offices | $69,309 |
| Construction and development loans | $10,472 |
| Residential 1-4 family construction | $5,349 |
| Other construction, all land development and other land | $5,123 |
| Loans secured by nonfarm nonresidential properties | $31,939 |
| Nonfarm nonresidential secured by owner-occupied properties | $16,096 |
| Commercial real estate & other non-farm, non-residential | $15,843 |
| Multifamily residential real estate | $8,672 |
| 1-4 family residential loans | $11,634 |
| Farmland loans | $6,592 |
| Loans held in foreign offices | $0 |
| Farm loans | $12,599 |
| Commercial and industrial loans | $10,926 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $829 |
| Credit card loans | $0 |
| Related Plans | $63 |
| Consumer Auto Loans | $223 |
| Other loans to individuals | $543 |
| All other loans & leases | $6,029 |
| 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 | $0 |
| Restructured Loans & leases | $585 |
| Non 1-4 family restructured loans & leases | $585 |
| Total loans and leases (foreign) | $0 |
Wyoming Bank & Trust had $97,966,000 of loans outstanding in 2018. $69,309,000 of loans were in real estate loans. $10,472,000 of loans were in development loans. $8,672,000 of loans were in multifamily mortgage loans. $11,634,000 of loans were in 1-4 family mortgage loans. $12,599,000 of loans were in farm loans. $0 of loans were in credit card loans. $223,000 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 | 45 | $12,885 | $286,333 |
| Nonfarm, nonresidential loans - <$100k | 5 | $111 | $22,200 |
| Nonfarm, nonresidential loans - $100-250k | 12 | $1,531 | $127,583 |
| Nonfarm, nonresidential loans - $250k-1MM | 28 | $11,243 | $401,536 |
| Commercial & Industrial, US addressed loans - <$1MM | 70 | $10,713 | $153,043 |
| Commercial & Industrial, US addressed loans - <$100k | 34 | $1,113 | $32,735 |
| Commercial & Industrial, US addressed loans - $100-250k | 15 | $1,757 | $117,133 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 21 | $7,843 | $373,476 |
| Farmland loans - <$1MM | 19 | $3,278 | $172,526 |
| Farmland loans - <$100k | 2 | $20 | $10,000 |
| Farmland loans - $100-250k | 10 | $1,005 | $100,500 |
| Farmland loans - $250k-1MM | 7 | $2,253 | $321,857 |
| Agriculture operations loans - <$1MM | 83 | $6,965 | $83,916 |
| Agriculture operations loans - <$100k | 56 | $1,427 | $25,482 |
| Agriculture operations loans - $100-250k | 8 | $687 | $85,875 |
| Agriculture operations loans - $250k-1MM | 19 | $4,851 | $255,316 |