Wyoming Bank & Trust Mortgage Rates, Fees & Info

Cheyenne, WY

LEI: 549300XCHJ481RPPSP63

Tax ID: 83-0117330

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

Jump to:

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.

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 5.85% 3/24/24
30 Year Conventional Refi 6.14% 3/24/24
30 Year Cash-out Refi 6.74% 3/24/24
30 Year FHA Purchase 6.63% 3/24/24
30 Year VA Purchase 5.77% 3/24/24
30 Year VA Refi 5.58% 3/24/24
15 Year Conventional Purchase 5.92% 3/24/24
15 Year Conventional Refi 5.73% 3/24/24
15 Year Cash-out Refi 5.73% 3/24/24
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

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

This is not an official calculator from Wyoming Bank & Trust. 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

274

Origination Dollar Volume (All Markets)

$54,240,000

Employee count

39

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
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%
Wyoming Bank & Trust's top markets include Cheyenne, Laramie, Phoenix, Fort Collins, and Denver among others.

Their top states include:
  • Wyoming (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • South Dakota (FHA|USDA|VA)
  • 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.

    Pinnacle Bank - Wyoming
    Similarity Rank: 96
    WESTERN VISTA
    Similarity Rank: 187
    Blue Federal Credit Union
    Similarity Rank: 361
    Jonah Bank of Wyoming
    Similarity Rank: 432
    CENTENNIAL LENDING, LLC
    Similarity Rank: 1353
    Premier Home Mortgage Inc.
    Similarity Rank: 2240
    Wallick & Volk, Inc.
    Similarity Rank: 2835
    First Interstate Bank
    Similarity Rank: 3731
    U.S. Bank
    Similarity Rank: 4105

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 177 $32,075,000 $181,215 $0 0.00%
    VA 52 $13,270,000 $255,192 $0 0.00%
    FHA 43 $8,485,000 $197,326 $0 0.00%
    USDA 2 $410,000 $205,000 $0 0.00%

    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

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 224 $43,880,000 $195,893 $0 0.00%
    Cash Out Refi 28 $6,420,000 $229,286 $0 0.00%
    Refi 19 $3,685,000 $193,947 $0 0.00%
    Home Improvement 2 $40,000 $20,000 $0 0.00%
    Other 1 $215,000 $215,000 $0 0.00%

    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

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 124 $33,380,000 $269,194 $0 0.00%
    $100k-200k 93 $14,485,000 $155,753 $0 0.00%
    $100,000 or less 46 $1,260,000 $27,391 $0 0.00%
    $400k-600k 10 $4,360,000 $436,000 $0 0.00%
    $600k-1MM 1 $755,000 $755,000 $0 0.00%

    2018 saw Wyoming Bank & Trust place emphasis on $200k-400k loans with 124 originations, totaling $33,380,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 91 $15,685,000 $172,363 $0 0.00%
    $100k-150k 53 $12,955,000 $244,434 $0 0.00%
    $75k-100k 41 $8,765,000 $213,780 $0 0.00%
    $50k or less 38 $4,540,000 $119,474 $0 0.00%
    $150k-250k 28 $7,190,000 $256,786 $0 0.00%
    $250k+ 12 $3,090,000 $257,500 $0 0.00%

    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

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 251 $49,265,000 $196,275 $0 0.00%
    Not provided 11 $2,815,000 $255,909 $0 0.00%
    Not applicable 5 $795,000 $159,000 $0 0.00%
    Black 4 $780,000 $195,000 $0 0.00%
    Asian 2 $480,000 $240,000 $0 0.00%
    American Indian 1 $105,000 $105,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    97.14%

    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 origination
    89.42%

    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