Dubuque Bank And Trust Company Mortgage Rates, Fees & Info

Dubuque, IA

LEI: O4XVIZ10YPQYFKUKCF76

Tax ID: 42-0223620

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Dubuque Bank And Trust Company is a smaller bank specializing in Refi loans. Dubuque Bank And Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Madison, Dubuque, Davenport, Fort Madison, and Denver among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Dubuque Bank And Trust Company 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. Dubuque Bank And Trust Company is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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
    Home Equity Line of Credit (HELOC) 6.27% 4/28/24
    30 Year Conventional Purchase 5.69% 4/28/24
    15 Year Conventional Purchase 4.90% 4/28/24
    15 Year Conventional Refi 5.68% 4/28/24
    15 Year Cash-out Refi 5.68% 4/28/24
    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.

    Dubuque Bank And Trust Company Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Dubuque Bank And Trust Company. 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

    33

    Origination Dollar Volume (All Markets)

    $53,605,000

    Employee count

    148

    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
    MADISON, WI (FHA|USDA|VA) 1 $27,175,000 $27,175,000 $0 3.70%
    DUBUQUE, IA (FHA|USDA|VA) 20 $12,010,000 $600,500 $1,676 4.20%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 2 $6,970,000 $3,485,000 $0 3.60%
    Outside of Metro Areas 6 $5,330,000 $888,333 $310 4.53%
    Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) 2 $1,220,000 $610,000 $462 7.18%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $725,000 $725,000 $3,566 3.00%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $175,000 $175,000 $3,016 3.07%
    Dubuque Bank And Trust Company's top markets include Madison, Dubuque, Davenport, Fort Madison, and Denver among others.

    Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Dubuque Bank and Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Montana Federal Credit Union
    Similarity Rank: 40
    PARK SIDE FINANCIAL
    Similarity Rank: 110
    The Bank of Kaukauna
    Similarity Rank: 112
    ILLINOIS STATE CREDIT UNION
    Similarity Rank: 129
    Rock Valley Credit Union
    Similarity Rank: 135
    RIO GRANDE
    Similarity Rank: 135
    VALLEY FINANCIAL CREDIT UNION
    Similarity Rank: 144
    Altana Federal Credit Union
    Similarity Rank: 148
    Fidelity Bank & Trust
    Similarity Rank: 150
    FIRST NORTHERN Credit Union
    Similarity Rank: 180

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 33 $53,605,000 $1,624,394 $1,597 4.32%

    For 2020, Dubuque Bank And Trust Company's most frequently originated type of loan was Conventional, with 33 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 21 $49,405,000 $2,352,619 $348 4.24%
    Home Purchase 5 $2,245,000 $449,000 $3,273 4.48%
    Other 3 $1,355,000 $451,667 $1,265 3.40%
    Home Improvement 2 $130,000 $65,000 $393 6.88%
    Cash Out Refi 2 $470,000 $235,000 $3,106 3.50%

    For 2020, Dubuque Bank And Trust Company's most frequently cited loan purpose was Refi, with 21 originations. The 2nd most popular reason was Home Purchase, with 5 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    5 Year 10 $5,510,000 $551,000 $0 4.27%
    10 Year 9 $39,255,000 $4,361,667 $427 5.01%
    Other 8 $6,560,000 $820,000 $3,106 3.84%
    15 Year 3 $785,000 $261,667 $154 3.55%
    30 Year 2 $1,390,000 $695,000 $3,419 3.75%
    1 Year 1 $105,000 $105,000 $0 5.75%

    For 2020, Dubuque Bank And Trust Company's most frequently cited loan duration was 5 Year, with 10 originations. The 2nd most popular length was 10 Year, with 9 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 5 $875,000 $175,000
    $1k-2k 4 $1,860,000 $465,000

    Dubuque Bank And Trust Company's average total fees were $3,419, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 5 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 18 $47,630,000 $2,646,111
    4-5% 10 $5,040,000 $504,000
    5-6% 2 $120,000 $60,000
    2.5-3% 1 $725,000 $725,000
    7-8% 1 $25,000 $25,000
    Over 8% 1 $65,000 $65,000

    During 2020, Dubuque Bank And Trust Company's average interest rate for loans was 3.75%, while their most frequently originated rate bucket for loans was 3-4%, with 18 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 9 $47,005,000 $5,222,778 $0 3.75%
    $200k-400k 9 $2,525,000 $280,556 $1,142 3.83%
    $100,000 or less 5 $145,000 $29,000 $427 6.40%
    $100k-200k 5 $725,000 $145,000 $1,625 4.35%
    $600k-1MM 4 $2,770,000 $692,500 $3,419 4.18%
    $400k-600k 1 $435,000 $435,000 $0 3.75%

    2020 saw Dubuque Bank And Trust Company place emphasis on $1MM+ loans with 9 originations, totaling $47,005,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 5 $1,315,000 $263,000 $2,023 4.59%
    $250k+ 4 $1,590,000 $397,500 $1,265 3.40%
    $50k or less 3 $3,905,000 $1,301,667 $0 3.75%
    $50k-75k 1 $65,000 $65,000 $462 10.00%

    Dubuque Bank And Trust Company lent most frequently to those with incomes in the $150k-250k range, with 5 originations. The second most popular income band? $250k+, with 4 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    <20% 2 $980,000 $490,000 $1,783 3.23%
    20-30% 2 $400,000 $200,000 $310 5.88%
    30-36% 1 $175,000 $175,000 $3,016 3.07%
    37% 1 $295,000 $295,000 $3,197 3.94%
    38% 1 $155,000 $155,000 $234 3.45%
    43% 1 $65,000 $65,000 $462 10.00%
    50-60% 1 $665,000 $665,000 $3,273 4.50%

    Dubuque Bank And Trust Company lent most frequently to those with DTI ratios of <20%, with 2 originations. The next most common DTI ratio? 20-30%, with 2 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 20 $46,730,000 $2,336,500 $0 4.23%
    White 9 $6,185,000 $687,222 $1,492 4.15%
    Not provided 4 $690,000 $172,500 $1,727 5.11%

    Approval Rates

    Total approvals of all applications
    90.00%

    Dubuque Bank And Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    63.64%

    Dubuque Bank And Trust Company has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 33 $53,605,000 $1,624,394

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $1,025,000 $1,025,000
    Multifamily:Site-Built 11 $44,765,000 $4,069,545
    Single Family (1-4 Units):Manufactured 1 $65,000 $65,000
    Single Family (1-4 Units):Site-Built 20 $7,750,000 $387,500

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 5 $4,145,000 $829,000 $196 4.81%
    40-60% 4 $1,530,000 $382,500 $2,270 3.45%
    60-80% 9 $32,715,000 $3,635,000 $0 4.32%
    80-100% 5 $2,285,000 $457,000 $2,311 5.20%
    Under 20% 10 $12,930,000 $1,293,000 $234 3.97%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Dubuque Bank and Trust Company 555 John F Kennedy Road Dubuque, IA 52002 Full Service B&M $65,466
    Dubuque Bank and Trust Company 1398 Central Avenue Dubuque, IA 52001 Full Service B&M $1,167,994
    Dubuque Bank and Trust Company 2196 Holliday Drive Dubuque, IA 52001 Full Service B&M $83,124
    Dubuque Bank and Trust Company 2690 Rockdale Road Key West, IA 52001 Full Service B&M $42,628
    Dubuque Bank and Trust Company 309 First Street Southeast Farley, IA 52046 Full Service B&M $90,441
    Dubuque Bank and Trust Company 50 Loras Boulevard Dubuque, IA 52001 Limited, Drive-thru $0
    Dubuque Bank and Trust Company 500 North Grandview Avenue Dubuque, IA 52001 Full Service B&M $46,906
    Dubuque Bank and Trust Company 947 Main Street Holy Cross, IA 52053 Full Service B&M $0

    For 2020, Dubuque Bank And Trust Company had 8 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $53,730
    Net interest income $49,701
    Total noninterest income $26,164
    Gross Fiduciary activities income $16,479
    Service charges on deposit accounts $1,732
    Trading account gains and fees $0
    Additional Noninterest Income $7,953
    Pre-tax net operating income $28,900
    Securities gains (or losses, -) $898
    Income before extraordinary items $22,571
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $22,571
    Minority interest net income $0
    Net income $22,571
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $21,861

    Dubuque Bank And Trust Company's gross interest income from loans was $53,730,000.
    Dubuque Bank And Trust Company's net interest income from loans was $49,701,000.
    Dubuque Bank And Trust Company's fee based income from loans was $1,732,000.
    Dubuque Bank And Trust Company's net income from loans was $22,571,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $4,029
    Provision for credit losses $4,366
    Total noninterest expense $42,599
    Salaries and employee benefits $15,078
    Premises and equipment expense $1,439
    Additional noninterest expense $26,082
    Applicable income taxes $7,227
    Net charge-offs $487
    Cash dividends $18,000

    Dubuque Bank And Trust Company's interest expense for loans was $4,029,000.
    Dubuque Bank And Trust Company's payroll and benefits expense were $15,078,000.
    Dubuque Bank And Trust Company's property, plant and equipment expenses $1,439,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 2.0%
    Real Estate loans 4.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 1.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 7.0%
    HELOC loans 0.0%
    All other family 8.0%
    Commercial & industrial loans 0.0%
    Personal loans 1.0%
    Credit card loans 0.7%
    Other individual loans 1.0%
    Auto loans 1.0%
    Other consumer loans 2.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,456,908
    Deposits held in domestic offices $1,456,908
    Deposits by Individuals, partnerships, and corporations $1,368,586
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $84,557
    Deposits by Commercial banks and other depository institutions in U.S. $3,765
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $534,349
    Demand deposits $429,373
    Nontransaction accounts $922,559
    Money market deposit accounts (MMDAs) $723,537
    Other savings deposits (excluding MMDAs) $127,475
    Total time deposits $71,547
    Total time and savings deposits $1,027,535
    Noninterest-bearing deposits $438,576
    Interest-bearing deposits $1,018,332
    Retail deposits $1,431,243
    IRAs and Keogh plan accounts $13,114
    Brokered deposits $20,013
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,853,078
    Cash & Balances due from depository institutions $58,849
    Interest-bearing balances $32,936
    Total securities $712,774
    Federal funds sold & reverse repurchase $67,375
    Net loans and leases $933,470
    Loan and leases loss allowance $11,877
    Trading account assets $7,634
    Bank premises and fixed assets $15,022
    Other real estate owned $206
    Goodwill and other intangibles $1,020
    All other assets $56,728

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,853,078
    Total Liabilities $1,673,465
    Total deposits $1,456,908
    Interest-bearing deposits $1,018,332
    Deposits held in domestic offices $1,456,908
    % insured (estimated) $45
    Federal funds purchased and repurchase agreements $183,000
    Trading liabilities $7,634
    Other borrowed funds $2,046
    Subordinated debt $0
    All other liabilities $23,877

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $933,470
    Loan and leases loss allowance $11,877
    Total loans and leases (domestic) $945,347
    All real estate loans $423,726
    Real estate loans in domestic offices $423,726
    Construction and development loans $75,276
    Residential 1-4 family construction $10,080
    Other construction, all land development and other land $65,196
    Loans secured by nonfarm nonresidential properties $195,276
    Nonfarm nonresidential secured by owner-occupied properties $107,086
    Commercial real estate & other non-farm, non-residential $88,190
    Multifamily residential real estate $15,949
    1-4 family residential loans $78,115
    Farmland loans $59,110
    Loans held in foreign offices $0
    Farm loans $67,739
    Commercial and industrial loans $322,112
    To non-U.S. addressees $0
    Loans to individuals $14,086
    Credit card loans $906
    Related Plans $4,829
    Consumer Auto Loans $4,925
    Other loans to individuals $3,426
    All other loans & leases $117,684
    Loans to foreign governments and official institutions $0
    Other loans $108
    Loans to depository institutions and acceptances of other banks $2,000
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $2,261
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Dubuque Bank and Trust Company had $933,470,000 of loans outstanding in 2020. $423,726,000 of loans were in real estate loans. $75,276,000 of loans were in development loans. $15,949,000 of loans were in multifamily mortgage loans. $78,115,000 of loans were in 1-4 family mortgage loans. $67,739,000 of loans were in farm loans. $906,000 of loans were in credit card loans. $4,925,000 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 115 $19,943 $173,417
    Nonfarm, nonresidential loans - <$100k 33 $764 $23,152
    Nonfarm, nonresidential loans - $100-250k 26 $2,292 $88,154
    Nonfarm, nonresidential loans - $250k-1MM 56 $16,887 $301,554
    Commercial & Industrial, US addressed loans - <$1MM 616 $69,573 $112,943
    Commercial & Industrial, US addressed loans - <$100k 328 $6,366 $19,409
    Commercial & Industrial, US addressed loans - $100-250k 127 $12,556 $98,866
    Commercial & Industrial, US addressed loans - $250k-1MM 161 $50,651 $314,602
    Farmland loans - <$1MM 128 $17,210 $134,453
    Farmland loans - <$100k 20 $673 $33,650
    Farmland loans - $100-250k 57 $5,010 $87,895
    Farmland loans - $250k-1MM 51 $11,527 $226,020
    Agriculture operations loans - <$1MM 360 $27,104 $75,289
    Agriculture operations loans - <$100k 213 $4,728 $22,197
    Agriculture operations loans - $100-250k 77 $7,283 $94,584
    Agriculture operations loans - $250k-1MM 70 $15,093 $215,614