Hinsdale Bank & Trust Company Mortgage Rates, Fees & Info

Hinsdale, IL

LEI: 9LIMABRJ9VPV74PBJB17

Tax ID: 36-3909363

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Hinsdale Bank & Trust Company is a smaller bank specializing in Refi and Home Purchase loans. Hinsdale Bank & Trust Company has a high proportion of conventional loans. Their top markets include Chicago, Jackson, Riverside, Macomb, and Edwards among others. Hinsdale Bank & Trust Company has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors.


Originations

142

Origination Dollar Volume (All Markets)

$117,370,000

Employee count

210

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 138 $109,670,000 $794,710 $0 0.00%
Jackson, WY-ID (FHA|USDA|VA) 1 $5,495,000 $5,495,000 $0 0.00%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $1,565,000 $1,565,000 $0 0.00%
Macomb, IL (FHA|USDA|VA) 1 $565,000 $565,000 $0 0.00%
Edwards, CO (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%

Hinsdale Bank & Trust Company's top markets include Chicago, Jackson, Riverside, Macomb, and Edwards among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 142 $117,370,000 $826,549 $0 0.00%

For the 2021 period, Hinsdale Bank & Trust Company's most frequently originated loan type of loans were Conventional, with 142 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 79 $62,565,000 $791,962 $0 0.00%
Home Purchase 56 $45,700,000 $816,071 $0 0.00%
Home Improvement 5 $3,155,000 $631,000 $0 0.00%
Other 1 $5,495,000 $5,495,000 $0 0.00%
Cash Out Refi 1 $455,000 $455,000 $0 0.00%

For the 2021, Hinsdale Bank & Trust Company's most frequently cited loan purpose of loans were Refi, with 79 originations. The 2nd most popular reason of loans were Home Purchase, with 56 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
Other 142 $117,370,000 $826,549 $0 0.00%

For the 2021, Hinsdale Bank & Trust Company's most frequently cited loan length of loans were Other, with 142 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$1MM+ 35 $69,005,000 $1,971,571 $0 0.00%
$200k-400k 34 $10,250,000 $301,471 $0 0.00%
$600k-1MM 32 $24,590,000 $768,438 $0 0.00%
$400k-600k 23 $11,625,000 $505,435 $0 0.00%
$100k-200k 10 $1,470,000 $147,000 $0 0.00%
$100,000 or less 8 $430,000 $53,750 $0 0.00%

2021 saw Hinsdale Bank & Trust Company place emphasis on $1MM+ loans with 35 originations, totaling $69,005,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$250k+ 23 $37,275,000 $1,620,652 $0 0.00%
$150k-250k 15 $10,685,000 $712,333 $0 0.00%
$100k-150k 12 $4,380,000 $365,000 $0 0.00%
$50k or less 3 $325,000 $108,333 $0 0.00%
$50k-75k 2 $400,000 $200,000 $0 0.00%
$75k-100k 1 $215,000 $215,000 $0 0.00%

Hinsdale Bank & Trust Company lent most frequently to those with incomes in the $250k+ range, with 23 originations. The second most popular income band? $150k-250k, with 15 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
Exempt% 142 $117,370,000 $826,549 $0 0.00%

Hinsdale Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 142 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
Not applicable 74 $58,040,000 $784,324 $0 0.00%
White 49 $46,925,000 $957,653 $0 0.00%
Asian 9 $5,115,000 $568,333 $0 0.00%
Not provided 7 $5,095,000 $727,857 $0 0.00%
Asian Indian 2 $1,610,000 $805,000 $0 0.00%
Black 1 $585,000 $585,000 $0 0.00%

Approval Rates

Total approvals of all applications
96.64%

Hinsdale Bank & Trust Company 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
88.29%

Hinsdale Bank & Trust Company has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
Exempt 142 $117,370,000 $826,549

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
142 $117,370,000 $826,549

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
HOMESTEAD FUNDING CORPORATION Conventional home mortgage Struggling to pay mortgage 1 33.3%
HOMESTEAD FUNDING CORPORATION Conventional home mortgage Trouble during payment process 1 33.3%
HOMESTEAD FUNDING CORPORATION FHA mortgage Closing on a mortgage 1 33.3%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Hinsdale Bank & Trust Company, National Association 1000 Hillgrove Avenue Western Springs, IL 60558 Full Service B&M $228,125
Hinsdale Bank & Trust Company, National Association 1759 North Mannheim Road Stone Park, IL 60165 Full Service B&M $20,749
Hinsdale Bank & Trust Company, National Association 200 West Burlington Clarendon Hills, IL 60514 Full Service B&M $201,329
Hinsdale Bank & Trust Company, National Association 25 East First Street Hinsdale, IL 60521 Full Service B&M $1,531,089
Hinsdale Bank & Trust Company, National Association 400 W Lake Street Elmhurst, IL 60126 Full Service B&M $59,620
Hinsdale Bank & Trust Company, National Association 6053 West 79th Street Burbank, IL 60459 Full Service B&M $51,408
Hinsdale Bank & Trust Company, National Association 6262 South Route 83, Suite 200 Willowbrook, IL 60527 Full Service B&M $152,103
Hinsdale Bank & Trust Company, National Association 6734 Joliet Road Countryside, IL 60525 Full Service B&M $377,177
Hinsdale Bank & Trust Company, National Association 718 Ogden Ave Downers Grove, IL 60515 Limited, Drive-thru $0
Hinsdale Bank & Trust Company, National Association 7380 S. Route 83 Darien, IL 60561 Full Service B&M $51,215
Hinsdale Bank & Trust Company, National Association 1109-1111 West Madison Street Maywood, IL 60153 Full Service B&M $3,372
Hinsdale Bank & Trust Company, National Association 1111 Warren Avenue Downers Grove, IL 60515 Full Service B&M $241,920
Hinsdale Bank & Trust Company, National Association 12400 Archer Avenue Lemont, IL 60439 Full Service B&M $87,515
Hinsdale Bank & Trust Company, National Association 130 West Chestnut Hinsdale, IL 60521 Limited, Drive-thru $0
Hinsdale Bank & Trust Company, National Association 150 Butterfield Road Elmhurst, IL 60126 Full Service B&M $177,090
Hinsdale Bank & Trust Company, National Association 17 East Burlington Street Riverside, IL 60546 Full Service B&M $135,168

For 2021, Hinsdale Bank & Trust Company had 16 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $109,929
Net interest income $98,825
Total noninterest income $18,855
Gross Fiduciary activities income $0
Service charges on deposit accounts $3,990
Trading account gains and fees $885
Additional Noninterest Income $13,980
Pre-tax net operating income $59,993
Securities gains (or losses, -) $-106
Income before extraordinary items $43,768
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $43,768
Minority interest net income $0
Net income $43,768
Sale, conversion, retirement of capital stock, net $627
Net operating income $43,851

Hinsdale Bank & Trust Company's gross interest income from loans was $109,929,000.
Hinsdale Bank & Trust Company's net interest income from loans was $98,825,000.
Hinsdale Bank & Trust Company's fee based income from loans was $3,990,000.
Hinsdale Bank & Trust Company's net income from loans was $43,768,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $11,104
Provision for credit losses $-6,227
Total noninterest expense $63,914
Salaries and employee benefits $30,299
Premises and equipment expense $6,528
Additional noninterest expense $27,087
Applicable income taxes $16,119
Net charge-offs $3,622
Cash dividends $15,000

Hinsdale Bank & Trust Company's interest expense for loans was $11,104,000.
Hinsdale Bank & Trust Company's payroll and benefits expense were $30,299,000.
Hinsdale Bank & Trust Company's property, plant and equipment expenses $6,528,000.

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 $3,440,858
Deposits held in domestic offices $3,440,858
Deposits by Individuals, partnerships, and corporations $3,172,157
Deposits by U.S. Government $2
Deposits by States and political subdivisions in the U.S. $265,772
Deposits by Commercial banks and other depository institutions in U.S. $2,927
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $1,267,246
Demand deposits $1,254,582
Nontransaction accounts $2,173,612
Money market deposit accounts (MMDAs) $1,396,662
Other savings deposits (excluding MMDAs) $289,421
Total time deposits $487,529
Total time and savings deposits $2,186,276
Noninterest-bearing deposits $983,662
Interest-bearing deposits $2,457,196
Retail deposits $3,003,856
IRAs and Keogh plan accounts $58,079
Brokered deposits $323,863
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $4,108,642
Cash & Balances due from depository institutions $285,759
Interest-bearing balances $268,800
Total securities $693,982
Federal funds sold & reverse repurchase $4
Net loans and leases $2,858,587
Loan and leases loss allowance $21,325
Trading account assets $7,596
Bank premises and fixed assets $48,564
Other real estate owned $2,531
Goodwill and other intangibles $128,077
All other assets $83,542

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $4,108,642
Total Liabilities $3,640,239
Total deposits $3,440,858
Interest-bearing deposits $2,457,196
Deposits held in domestic offices $3,440,858
% insured (estimated) $67
Federal funds purchased and repurchase agreements $0
Trading liabilities $7,592
Other borrowed funds $150,000
Subordinated debt $0
All other liabilities $41,789

Issued Loan Types

Type Value (in 000's)
Net loans and leases $2,858,587
Loan and leases loss allowance $21,325
Total loans and leases (domestic) $2,879,912
All real estate loans $1,068,963
Real estate loans in domestic offices $1,068,963
Construction and development loans $145,681
Residential 1-4 family construction $36,664
Other construction, all land development and other land $109,017
Loans secured by nonfarm nonresidential properties $504,780
Nonfarm nonresidential secured by owner-occupied properties $234,353
Commercial real estate & other non-farm, non-residential $270,427
Multifamily residential real estate $195,467
1-4 family residential loans $223,035
Farmland loans $0
Loans held in foreign offices $0
Farm loans $0
Commercial and industrial loans $1,129,235
To non-U.S. addressees $0
Loans to individuals $401,294
Credit card loans $0
Related Plans $96
Consumer Auto Loans $10
Other loans to individuals $401,188
All other loans & leases $280,420
Loans to foreign governments and official institutions $0
Other loans $222,023
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $15,049
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $2,389
Non 1-4 family restructured loans & leases $131
Total loans and leases (foreign) $0

Hinsdale Bank & Trust Company had $2,858,587,000 of loans outstanding in 2021. $1,068,963,000 of loans were in real estate loans. $145,681,000 of loans were in development loans. $195,467,000 of loans were in multifamily mortgage loans. $223,035,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $10,000 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 302 $110,603 $366,235
Nonfarm, nonresidential loans - <$100k 17 $834 $49,059
Nonfarm, nonresidential loans - $100-250k 76 $9,468 $124,579
Nonfarm, nonresidential loans - $250k-1MM 209 $100,301 $479,909
Commercial & Industrial, US addressed loans - <$1MM 18,973 $402,821 $21,231
Commercial & Industrial, US addressed loans - <$100k 17,377 $135,881 $7,820
Commercial & Industrial, US addressed loans - $100-250k 950 $80,421 $84,654
Commercial & Industrial, US addressed loans - $250k-1MM 646 $186,519 $288,729