First International Bank & Trust Mortgage Lending & HMDA Data, 2023

In 2023, First International Bank & Trust of Minot, ND reported 1,589 mortgage applications totaling $498.5 million, down 32% from 2022. The average application was for $313,741, and applicants reported an average income of $209,307. 81% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Fargo, ND-MN (279), Sioux Falls, SD (241) and Phoenix-Mesa-Scottsdale, AZ (194) (applications in parentheses).

Mortgage Company & Address First International Bank & Trust
1600 S Bdway
Minot, ND 58701
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,589
Total Mortgage Loan Application Amount $498,535,000
Average Mortgage Loan Application Amount $313,741
Highest Mortgage Loan Application Amount $4,625,000
Average Applicant Income $209,307
Highest Applicant Income $9,705,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records First International Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for First International Bank & Trust by County in 2023

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Cass, North Dakota 231 $ 58,465,000 $ 253,095 $ 233,000
Minnehaha, South Dakota 172 $ 45,210,000 $ 262,848 $ 122,000
Maricopa, Arizona 167 $ 124,095,000 $ 743,083 $ 372,000
Ward, North Dakota 145 $ 28,245,000 $ 194,793 $ 159,000
Burleigh, North Dakota 125 $ 38,955,000 $ 311,640 $ 183,000
Lincoln, South Dakota 60 $ 19,670,000 $ 327,833 $ 172,000
Grand Forks, North Dakota 51 $ 13,575,000 $ 266,176 $ 144,000
Williams, North Dakota 51 $ 11,195,000 $ 219,509 $ 144,000
Clay, Minnesota 48 $ 9,510,000 $ 198,125 $ 143,000
McKenzie, North Dakota 36 $ 9,440,000 $ 262,222 $ 175,000
Pinal, Arizona 27 $ 11,005,000 $ 407,592 $ 190,000
Morton, North Dakota 26 $ 5,950,000 $ 228,846 $ 103,000
Otter Tail, Minnesota 24 $ 7,720,000 $ 321,666 $ 512,000
Yankton, South Dakota 20 $ 3,030,000 $ 151,500 $ 110,000
Becker, Minnesota 18 $ 5,620,000 $ 312,222 $ 266,000
Wells, North Dakota 17 $ 1,275,000 $ 75,000 $ 78,000
Hennepin, Minnesota 14 $ 10,270,000 $ 733,571 $ 764,000
Rock, Minnesota 14 $ 2,530,000 $ 180,714 $ 73,000
Todd, Minnesota 14 $ 2,710,000 $ 193,571 $ 113,000
Grant, North Dakota 10 $ 1,030,000 $ 103,000 $ 83,000
Traill, North Dakota 10 $ 2,130,000 $ 213,000 $ 127,000
Clay, South Dakota 10 $ 1,900,000 $ 190,000 $ 114,000
Polk, Minnesota 9 $ 1,735,000 $ 192,777 $ 82,000
Bottineau, North Dakota 9 $ 1,875,000 $ 208,333 $ 99,000
McLean, North Dakota 9 $ 1,655,000 $ 183,888 $ 197,000
Mountrail, North Dakota 9 $ 1,635,000 $ 181,666 $ 116,000
Crow Wing, Minnesota 8 $ 2,930,000 $ 366,250 $ 915,000
Dunn, North Dakota 8 $ 1,500,000 $ 187,500 $ 89,000
Pierce, North Dakota 8 $ 700,000 $ 87,500 $ 91,000
Wadena, Minnesota 7 $ 855,000 $ 122,142 $ 139,000
Turner, South Dakota 7 $ 695,000 $ 99,285 $ 86,000
Yavapai, Arizona 5 $ 3,185,000 $ 637,000 $ 259,000
Cass, Minnesota 5 $ 1,595,000 $ 319,000 $ 111,000
McHenry, North Dakota 5 $ 625,000 $ 125,000 $ 90,000
Mercer, North Dakota 5 $ 335,000 $ 67,000 $ 107,000
Lawrence, South Dakota 5 $ 2,055,000 $ 411,000 $ 654,000
Navajo, Arizona 4 $ 2,000,000 $ 500,000 $ 304,000
Morrison, Minnesota 4 $ 430,000 $ 107,500 $ 99,000
Stark, North Dakota 4 $ 1,110,000 $ 277,500 $ 155,000
Brown, South Dakota 4 $ 270,000 $ 67,500 $ 77,000
Sioux, Iowa 3 $ 155,000 $ 51,666 $ 97,000
Marshall, Minnesota 3 $ 405,000 $ 135,000 $ 124,000
Pipestone, Minnesota 3 $ 495,000 $ 165,000 $ 69,000
Ramsey, Minnesota 3 $ 965,000 $ 321,666 $ 200,000
Barnes, North Dakota 3 $ 655,000 $ 218,333 $ 107,000
Burke, North Dakota 3 $ 565,000 $ 188,333 $ 84,000
Divide, North Dakota 3 $ 795,000 $ 265,000 $ 90,000
Pembina, North Dakota 3 $ 805,000 $ 268,333 $ 129,000
Richland, North Dakota 3 $ 565,000 $ 188,333 $ 152,000
Brookings, South Dakota 3 $ 995,000 $ 331,666 $ 213,000
Davison, South Dakota 3 $ 1,065,000 $ 355,000 $ 153,000
Kingsbury, South Dakota 3 $ 615,000 $ 205,000 $ 100,000
Lake, South Dakota 3 $ 615,000 $ 205,000 $ 97,000
Moody, South Dakota 3 $ 355,000 $ 118,333 $ 95,000
Spink, South Dakota 3 $ 475,000 $ 158,333 $ 117,000
Sully, South Dakota 3 $ 195,000 $ 65,000 $ 126,000
Douglas, Colorado 2 $ 2,380,000 $ 1,190,000 $ 795,000
Larimer, Colorado 2 $ 960,000 $ 480,000 $ 169,000
Lee, Florida 2 $ 520,000 $ 260,000 $ 233,000
Cook, Illinois 2 $ 1,480,000 $ 740,000 $ 150,000
Osceola, Iowa 2 $ 360,000 $ 180,000 $ 106,000
Johnson, Kansas 2 $ 640,000 $ 320,000 $ 149,000
Sedgwick, Kansas 2 $ 700,000 $ 350,000 $ 222,000
Carver, Minnesota 2 $ 1,060,000 $ 530,000 $ 179,000
Hubbard, Minnesota 2 $ 990,000 $ 495,000 $ 148,000
Kittson, Minnesota 2 $ 50,000 $ 25,000 $ 112,000
Mahnomen, Minnesota 2 $ 310,000 $ 155,000 $ 195,000
Norman, Minnesota 2 $ 230,000 $ 115,000 $ 97,000
Roseau, Minnesota 2 $ 780,000 $ 390,000 $ 167,000
Cascade, Montana 2 $ 210,000 $ 105,000 $ 325,000
Park, Montana 2 $ 1,810,000 $ 905,000 $ 0
Yellowstone, Montana 2 $ 450,000 $ 225,000 $ 60,000
Washoe, Nevada 2 $ 710,000 $ 355,000 $ 110,000
Cavalier, North Dakota 2 $ 200,000 $ 100,000 $ 101,000
Foster, North Dakota 2 $ 110,000 $ 55,000 $ 187,000
Ramsey, North Dakota 2 $ 200,000 $ 100,000 $ 844,000
Clark, South Dakota 2 $ 240,000 $ 120,000 $ 94,000
Codington, South Dakota 2 $ 510,000 $ 255,000 $ 202,000
Hamlin, South Dakota 2 $ 910,000 $ 455,000 $ 760,000
McCook, South Dakota 2 $ 640,000 $ 320,000 $ 245,000
Meade, South Dakota 2 $ 360,000 $ 180,000 $ 99,000
Union, South Dakota 2 $ 380,000 $ 190,000 $ 77,000
Walworth, South Dakota 2 $ 450,000 $ 225,000 $ 81,000
Bexar, Texas 2 $ 1,390,000 $ 695,000 $ 632,000
Natrona, Wyoming 2 $ 1,100,000 $ 550,000 $ 306,000
Autauga, Alabama 1 $ 145,000 $ 145,000 $ 42,000
Pima, Arizona 1 $ 135,000 $ 135,000 $ 124,000
Del Norte, California 1 $ 695,000 $ 695,000 $ 393,000
Adams, Colorado 1 $ 615,000 $ 615,000 $ 225,000
La Plata, Colorado 1 $ 3,505,000 $ 3,505,000 $ 9,705,000
Collier, Florida 1 $ 515,000 $ 515,000 $ 0
Pinellas, Florida 1 $ 3,565,000 $ 3,565,000 $ 1,574,000
Volusia, Florida 1 $ 25,000 $ 25,000 $ 140,000
Forsyth, Georgia 1 $ 725,000 $ 725,000 $ 304,000
Fulton, Georgia 1 $ 725,000 $ 725,000 $ 330,000
Richmond, Georgia 1 $ 205,000 $ 205,000 $ 74,000
Ada, Idaho 1 $ 335,000 $ 335,000 $ 72,000
Fremont, Idaho 1 $ 1,105,000 $ 1,105,000 $ 500,000
Idaho, Idaho 1 $ 335,000 $ 335,000 $ 1,169,000
Twin Falls, Idaho 1 $ 465,000 $ 465,000 $ 205,000
McHenry, Illinois 1 $ 25,000 $ 25,000 $ 165,000
Clark, Indiana 1 $ 175,000 $ 175,000 $ 45,000
Tippecanoe, Indiana 1 $ 405,000 $ 405,000 $ 264,000
Dallas, Iowa 1 $ 495,000 $ 495,000 $ 140,000
Dickinson, Iowa 1 $ 365,000 $ 365,000 $ 274,000
Jefferson, Iowa 1 $ 145,000 $ 145,000 $ 0
Kossuth, Iowa 1 $ 95,000 $ 95,000 $ 153,000
Lyon, Iowa 1 $ 55,000 $ 55,000 $ 542,000
Palo Alto, Iowa 1 $ 155,000 $ 155,000 $ 63,000
Polk, Iowa 1 $ 125,000 $ 125,000 $ 98,000
Bullitt, Kentucky 1 $ 285,000 $ 285,000 $ 86,000
Ottawa, Michigan 1 $ 285,000 $ 285,000 $ 0
Anoka, Minnesota 1 $ 275,000 $ 275,000 $ 152,000
Beltrami, Minnesota 1 $ 215,000 $ 215,000 $ 262,000
Clearwater, Minnesota 1 $ 175,000 $ 175,000 $ 49,000
Douglas, Minnesota 1 $ 75,000 $ 75,000 $ 74,000
Grant, Minnesota 1 $ 225,000 $ 225,000 $ 79,000
Jackson, Minnesota 1 $ 165,000 $ 165,000 $ 80,000
Murray, Minnesota 1 $ 105,000 $ 105,000 $ 52,000
Nobles, Minnesota 1 $ 175,000 $ 175,000 $ 42,000
Pennington, Minnesota 1 $ 225,000 $ 225,000 $ 112,000
Pine, Minnesota 1 $ 185,000 $ 185,000 $ 74,000
Sherburne, Minnesota 1 $ 305,000 $ 305,000 $ 135,000
St. Louis, Minnesota 1 $ 475,000 $ 475,000 $ 0
Stevens, Minnesota 1 $ 385,000 $ 385,000 $ 152,000
Wilkin, Minnesota 1 $ 445,000 $ 445,000 $ 101,000
Wright, Minnesota 1 $ 365,000 $ 365,000 $ 69,000
Hancock, Mississippi 1 $ 325,000 $ 325,000 $ 109,000
Camden, Missouri 1 $ 285,000 $ 285,000 $ 118,000
Clay, Missouri 1 $ 645,000 $ 645,000 $ 320,000
Gallatin, Montana 1 $ 625,000 $ 625,000 $ 227,000
Lincoln, Montana 1 $ 565,000 $ 565,000 $ 148,000
Cedar, Nebraska 1 $ 175,000 $ 175,000 $ 53,000
Sarpy, Nebraska 1 $ 255,000 $ 255,000 $ 162,000
Clark, Nevada 1 $ 1,405,000 $ 1,405,000 $ 515,000
Guilford, North Carolina 1 $ 125,000 $ 125,000 $ 664,000
Emmons, North Dakota 1 $ 45,000 $ 45,000 $ 181,000
Griggs, North Dakota 1 $ 145,000 $ 145,000 $ 55,000
Hettinger, North Dakota 1 $ 45,000 $ 45,000 $ 36,000
Nelson, North Dakota 1 $ 75,000 $ 75,000 $ 132,000
Renville, North Dakota 1 $ 115,000 $ 115,000 $ 61,000
Steele, North Dakota 1 $ 625,000 $ 625,000 $ 154,000
Stutsman, North Dakota 1 $ 85,000 $ 85,000 $ 307,000
Walsh, North Dakota 1 $ 165,000 $ 165,000 $ 57,000
Allegheny, Pennsylvania 1 $ 205,000 $ 205,000 $ 125,000
Horry, South Carolina 1 $ 185,000 $ 185,000 $ 459,000
Lexington, South Carolina 1 $ 235,000 $ 235,000 $ 64,000
Beadle, South Dakota 1 $ 155,000 $ 155,000 $ 105,000
Bon Homme, South Dakota 1 $ 25,000 $ 25,000 $ 93,000
Brule, South Dakota 1 $ 305,000 $ 305,000 $ 112,000
Butte, South Dakota 1 $ 185,000 $ 185,000 $ 55,000
Douglas, South Dakota 1 $ 245,000 $ 245,000 $ 49,000
Gregory, South Dakota 1 $ 265,000 $ 265,000 $ 63,000
Hughes, South Dakota 1 $ 125,000 $ 125,000 $ 47,000
Hutchinson, South Dakota 1 $ 125,000 $ 125,000 $ 44,000
Marshall, South Dakota 1 $ 135,000 $ 135,000 $ 129,000
Pennington, South Dakota 1 $ 255,000 $ 255,000 $ 57,000
Tripp, South Dakota 1 $ 175,000 $ 175,000 $ 39,000
Washington, Virginia 1 $ 485,000 $ 485,000 $ 137,000
Bayfield, Wisconsin 1 $ 605,000 $ 605,000 $ 594,000
Kenosha, Wisconsin 1 $ 495,000 $ 495,000 $ 117,000
La Crosse, Wisconsin 1 $ 355,000 $ 355,000 $ 173,000
Albany, Wyoming 1 $ 205,000 $ 205,000 $ 78,000

Mortgage Loan Application Detail Totals for First International Bank & Trust in 2023

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 1,097 $402,575,000 $366,000 $4,625,000 $199,000 $9,705,000
Home Improvement 201 $28,935,000 $143,000 $2,645,000 $186,000 $1,124,000
Other Purpose 176 $29,170,000 $165,000 $2,385,000 $300,000 $6,792,000
Cash-out Refinancing 83 $25,125,000 $302,000 $1,505,000 $199,000 $1,352,000
Refinancing 32 $12,730,000 $397,000 $2,505,000 $237,000 $1,231,000
Not Applicable 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 1,272 $386,800,000 $304,000 $4,625,000 $203,000 $9,705,000
Not Provided 140 $55,580,000 $397,000 $2,965,000 $324,000 $6,792,000
Not applicable 57 $20,355,000 $357,000 $2,505,000 $0 $0
Hispanic 49 $12,575,000 $256,000 $725,000 $117,000 $280,000
American Indian or Alaskan Native 26 $6,180,000 $237,000 $705,000 $178,000 $1,020,000
Asian 23 $11,765,000 $511,000 $3,755,000 $189,000 $1,002,000
Black or African American 16 $3,810,000 $238,000 $375,000 $84,000 $123,000
Native Hawaiian or Other Pacific Islander 4 $1,150,000 $287,000 $325,000 $92,000 $109,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 1,325 $430,605,000 $324,000 $4,625,000 $235,000 $9,705,000
FHA-insured (Federal Housing Administration) 179 $42,805,000 $239,000 $505,000 $91,000 $612,000
VA-guaranteed (Veterans Administration) 64 $21,250,000 $332,000 $995,000 $96,000 $215,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 21 $3,875,000 $184,000 $305,000 $75,000 $106,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 1,281 $413,275,000 $322,000 $4,625,000 $210,000 $6,792,000
Application Withdrawn By Applicant 168 $64,570,000 $384,000 $4,515,000 $271,000 $9,705,000
Application Denied By Financial Institution 112 $14,410,000 $128,000 $755,000 $116,000 $844,000
File Closed For Incompleteness 18 $3,210,000 $178,000 $325,000 $183,000 $843,000
Application Approved But Not Accepted 10 $3,070,000 $307,000 $1,365,000 $244,000 $612,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 1,477 $484,125,000 $327,000 $4,625,000 $217,000 $9,705,000
Debt-To-Income Ratio 52 $7,810,000 $150,000 $755,000 $99,000 $254,000
Credit History 35 $3,745,000 $107,000 $355,000 $134,000 $844,000
Collateral 19 $2,295,000 $120,000 $495,000 $139,000 $337,000
Employment History 3 $415,000 $138,000 $205,000 $76,000 $114,000
Other 2 $100,000 $50,000 $65,000 $89,000 $130,000
Unverifiable Information 1 $45,000 $45,000 $45,000 $120,000 $120,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into First International Bank & Trust's 2023 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess First International Bank & Trust's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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