Wyoming Bank & Trust Mortgage Rates, Fees & Info
Cheyenne, WYLEI: 549300XCHJ481RPPSP63
Tax ID: 83-0117330
Latest/2024 | 2023 Data | 2022 Data | 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. 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.
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.
Originations
306Origination Dollar Volume (All Markets)
$66,970,000Employee count
42Top 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% |
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.
Similarity Rank: 162
Similarity Rank: 294
Similarity Rank: 324
Similarity Rank: 629
Similarity Rank: 1598
Similarity Rank: 5013
Similarity Rank: 5020
Similarity Rank: 5202
Similarity Rank: 5518
Similarity Rank: 5973
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
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
2019 saw Wyoming Bank & Trust place emphasis on $200k-400k loans with 148 originations, totaling $40,330,000 in origination value.
Applicant Income
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
Approval Rates
Total approvals of all applications96.08%
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 origination88.24%
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
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 |