Wyoming Bank & Trust Mortgage Rates, Fees & Info

Cheyenne, WY

LEI: 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. Their top markets by origination volume include: Cheyenne, Fort Collins, Laramie, Denver, and Casper among others. We have data for 18 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.

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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

306

Origination Dollar Volume (All Markets)

$66,970,000

Employee count

42

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) 271 $60,405,000 $222,897 $0 0.00%
FORT COLLINS, CO (FHA|USDA|VA) 3 $1,155,000 $385,000 $0 0.00%
Laramie, WY (FHA|USDA|VA) 5 $1,005,000 $201,000 $0 0.00%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $900,000 $225,000 $0 0.00%
CASPER, WY (FHA|USDA|VA) 4 $640,000 $160,000 $0 0.00%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $435,000 $145,000 $0 0.00%
GREELEY, CO (FHA|USDA|VA) 1 $405,000 $405,000 $0 0.00%
Outside of Metro Areas 4 $380,000 $95,000 $0 0.00%
Scottsbluff, NE (FHA|USDA|VA) 2 $320,000 $160,000 $0 0.00%
BILLINGS, MT (FHA|USDA|VA) 1 $285,000 $285,000 $0 0.00%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $265,000 $265,000 $0 0.00%
RAPID CITY, SD (FHA|USDA|VA) 1 $255,000 $255,000 $0 0.00%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $135,000 $135,000 $0 0.00%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
Riverton, WY (FHA|USDA|VA) 1 $95,000 $95,000 $0 0.00%
MOBILE, AL (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
North Platte, NE (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
Wyoming Bank & Trust's top markets include Cheyenne, Fort Collins, Laramie, Denver, and Casper among others.

Their top states include:
  • Wyoming (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Nebraska (FHA|USDA|VA)
  • Montana (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.

    WESTERN VISTA
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    Bank of the West
    Similarity Rank: 5020
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    SUNTRUST BANKS, INC
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 208 $40,950,000 $196,875 $0 0.00%
    VA 56 $17,060,000 $304,643 $0 0.00%
    FHA 42 $8,960,000 $213,333 $0 0.00%

    For 2019, Wyoming Bank & Trust's most frequently originated type of loan was Conventional, with 208 originations. Their 2nd most popular type was VA, with 56 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 237 $49,895,000 $210,527 $0 0.00%
    Cash Out Refi 42 $9,570,000 $227,857 $0 0.00%
    Refi 24 $6,910,000 $287,917 $0 0.00%
    Home Improvement 2 $110,000 $55,000 $0 0.00%
    NA 1 $485,000 $485,000 $0 0.00%

    For 2019, Wyoming Bank & Trust's most frequently cited loan purpose was Home Purchase, with 237 originations. The 2nd most popular reason was Cash Out Refi, with 42 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 306 $66,970,000 $218,856 $0 0.00%

    For 2019, Wyoming Bank & Trust's most frequently cited loan duration was Other, with 306 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 148 $40,330,000 $272,500 $0 0.00%
    $100k-200k 92 $14,610,000 $158,804 $0 0.00%
    $100,000 or less 43 $1,315,000 $30,581 $0 0.00%
    $400k-600k 21 $9,395,000 $447,381 $0 0.00%
    $600k-1MM 2 $1,320,000 $660,000 $0 0.00%

    2019 saw Wyoming Bank & Trust place emphasis on $200k-400k loans with 148 originations, totaling $40,330,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 88 $15,420,000 $175,227 $0 0.00%
    $50k or less 50 $7,650,000 $153,000 $0 0.00%
    $100k-150k 49 $12,885,000 $262,959 $0 0.00%
    $75k-100k 45 $9,505,000 $211,222 $0 0.00%
    $150k-250k 39 $10,835,000 $277,821 $0 0.00%
    $250k+ 16 $5,540,000 $346,250 $0 0.00%

    Wyoming Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 88 originations. The second most popular income band? $50k or less, with 50 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 306 $66,970,000 $218,856 $0 0.00%

    Wyoming Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 306 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 285 $62,525,000 $219,386 $0 0.00%
    Not applicable 7 $1,635,000 $233,571 $0 0.00%
    Black 5 $895,000 $179,000 $0 0.00%
    Asian 4 $770,000 $192,500 $0 0.00%
    American Indian 3 $705,000 $235,000 $0 0.00%
    Not provided 1 $225,000 $225,000 $0 0.00%
    Native Hawaiian or Islander 1 $215,000 $215,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    96.08%

    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
    88.24%

    Wyoming Bank & Trust has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 306 $66,970,000 $218,856

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $485,000 $485,000
    Single Family (1-4 Units):Manufactured 6 $680,000 $113,333
    Single Family (1-4 Units):Site-Built 299 $65,805,000 $220,084

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Wyoming Bank & Trust 120 Main Street Burns, WY 82053 Full Service B&M $35,243
    Wyoming Bank & Trust 5827 Yellowstone Road Cheyenne, WY 82009 Full Service B&M $131,277

    For 2019, Wyoming Bank & Trust had 2 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $7,975
    Net interest income $6,731
    Total noninterest income $18,941
    Gross Fiduciary activities income $1,018
    Service charges on deposit accounts $43
    Trading account gains and fees $0
    Additional Noninterest Income $17,880
    Pre-tax net operating income $4,667
    Securities gains (or losses, -) $442
    Income before extraordinary items $5,109
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $5,109
    Minority interest net income $0
    Net income $5,109
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $4,667

    Wyoming Bank & Trust's gross interest income from loans was $7,975,000.
    Wyoming Bank & Trust's net interest income from loans was $6,731,000.
    Wyoming Bank & Trust's fee based income from loans was $43,000.
    Wyoming Bank & Trust's net income from loans was $5,109,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,244
    Provision for credit losses $125
    Total noninterest expense $20,880
    Salaries and employee benefits $6,219
    Premises and equipment expense $1,014
    Additional noninterest expense $13,647
    Applicable income taxes $0
    Net charge-offs $57
    Cash dividends $2,750

    Wyoming Bank & Trust's interest expense for loans was $1,244,000.
    Wyoming Bank & Trust's payroll and benefits expense were $6,219,000.
    Wyoming Bank & Trust's property, plant and equipment expenses $1,014,000.

    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 1.0%
    Credit card loans 0.0%
    Other individual loans 1.0%
    Auto loans 0.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $180,994
    Deposits held in domestic offices $180,994
    Deposits by Individuals, partnerships, and corporations $173,478
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $7,516
    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 $123,163
    Demand deposits $51,329
    Nontransaction accounts $57,831
    Money market deposit accounts (MMDAs) $19,522
    Other savings deposits (excluding MMDAs) $16,613
    Total time deposits $21,696
    Total time and savings deposits $129,665
    Noninterest-bearing deposits $51,329
    Interest-bearing deposits $129,665
    Retail deposits $173,753
    IRAs and Keogh plan accounts $603
    Brokered deposits $4,962
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $206,728
    Cash & Balances due from depository institutions $7,261
    Interest-bearing balances $5,348
    Total securities $74,402
    Federal funds sold & reverse repurchase $0
    Net loans and leases $113,250
    Loan and leases loss allowance $1,795
    Trading account assets $0
    Bank premises and fixed assets $5,030
    Other real estate owned $0
    Goodwill and other intangibles $1,030
    All other assets $5,755

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $206,728
    Total Liabilities $182,762
    Total deposits $180,994
    Interest-bearing deposits $129,665
    Deposits held in domestic offices $180,994
    % insured (estimated) $74
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $1,405
    Subordinated debt $0
    All other liabilities $363

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $113,250
    Loan and leases loss allowance $1,795
    Total loans and leases (domestic) $115,045
    All real estate loans $84,022
    Real estate loans in domestic offices $84,022
    Construction and development loans $16,352
    Residential 1-4 family construction $6,715
    Other construction, all land development and other land $9,637
    Loans secured by nonfarm nonresidential properties $37,996
    Nonfarm nonresidential secured by owner-occupied properties $22,255
    Commercial real estate & other non-farm, non-residential $15,741
    Multifamily residential real estate $7,558
    1-4 family residential loans $14,150
    Farmland loans $7,966
    Loans held in foreign offices $0
    Farm loans $12,397
    Commercial and industrial loans $9,063
    To non-U.S. addressees $0
    Loans to individuals $5,666
    Credit card loans $0
    Related Plans $181
    Consumer Auto Loans $202
    Other loans to individuals $5,283
    All other loans & leases $3,897
    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 $13
    Non 1-4 family restructured loans & leases $13
    Total loans and leases (foreign) $0

    Wyoming Bank & Trust had $113,250,000 of loans outstanding in 2019. $84,022,000 of loans were in real estate loans. $16,352,000 of loans were in development loans. $7,558,000 of loans were in multifamily mortgage loans. $14,150,000 of loans were in 1-4 family mortgage loans. $12,397,000 of loans were in farm loans. $0 of loans were in credit card loans. $202,000 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 49 $14,364 $293,143
    Nonfarm, nonresidential loans - <$100k 4 $94 $23,500
    Nonfarm, nonresidential loans - $100-250k 11 $1,259 $114,455
    Nonfarm, nonresidential loans - $250k-1MM 34 $13,011 $382,676
    Commercial & Industrial, US addressed loans - <$1MM 58 $6,455 $111,293
    Commercial & Industrial, US addressed loans - <$100k 32 $797 $24,906
    Commercial & Industrial, US addressed loans - $100-250k 14 $1,669 $119,214
    Commercial & Industrial, US addressed loans - $250k-1MM 12 $3,989 $332,417
    Farmland loans - <$1MM 20 $3,327 $166,350
    Farmland loans - <$100k 3 $191 $63,667
    Farmland loans - $100-250k 10 $1,161 $116,100
    Farmland loans - $250k-1MM 7 $1,975 $282,143
    Agriculture operations loans - <$1MM 82 $6,502 $79,293
    Agriculture operations loans - <$100k 58 $1,567 $27,017
    Agriculture operations loans - $100-250k 10 $1,109 $110,900
    Agriculture operations loans - $250k-1MM 14 $3,826 $273,286