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First International Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Outside any metro area | 580 | $ 126,630,000 | $ 218,327 | $ 195,875 |
| Fargo, ND-MN | 279 | $ 67,975,000 | $ 243,637 | $ 217,516 |
| Sioux Falls, SD | 241 | $ 66,215,000 | $ 274,751 | $ 134,000 |
| Phoenix-Mesa-Scottsdale, AZ | 194 | $ 135,100,000 | $ 696,391 | $ 345,000 |
| Bismarck, ND | 151 | $ 44,905,000 | $ 297,384 | $ 169,000 |
| Grand Forks, ND-MN | 60 | $ 15,310,000 | $ 255,166 | $ 134,700 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 22 | $ 13,240,000 | $ 601,818 | $ 524,000 |
| Prescott Valley-Prescott, AZ | 5 | $ 3,185,000 | $ 637,000 | $ 259,000 |
| Chicago-Naperville, IL | 3 | $ 1,505,000 | $ 501,666 | $ 157,000 |
| Denver-Aurora-Lakewood, CO | 3 | $ 2,995,000 | $ 998,333 | $ 605,000 |
| Kansas City, MO-KS | 3 | $ 1,285,000 | $ 428,333 | $ 206,000 |
| Rapid City, SD | 3 | $ 615,000 | $ 205,000 | $ 85,000 |
| Atlanta-Sandy Springs-Roswell, GA | 2 | $ 1,450,000 | $ 725,000 | $ 317,000 |
| Billings, MT | 2 | $ 450,000 | $ 225,000 | $ 60,000 |
| Cape Coral-Fort Myers, FL | 2 | $ 520,000 | $ 260,000 | $ 233,000 |
| Casper, WY | 2 | $ 1,100,000 | $ 550,000 | $ 306,000 |
| Des Moines-West Des Moines, IA | 2 | $ 620,000 | $ 310,000 | $ 119,000 |
| Fort Collins, CO | 2 | $ 960,000 | $ 480,000 | $ 169,000 |
| Great Falls, MT | 2 | $ 210,000 | $ 105,000 | $ 325,000 |
| Louisville/Jefferson County, KY-IN | 2 | $ 460,000 | $ 230,000 | $ 65,500 |
| Reno, NV | 2 | $ 710,000 | $ 355,000 | $ 110,000 |
| San Antonio-New Braunfels, TX | 2 | $ 1,390,000 | $ 695,000 | $ 632,000 |
| Sioux City, IA-NE-SD | 2 | $ 380,000 | $ 190,000 | $ 77,000 |
| Wichita, KS | 2 | $ 700,000 | $ 350,000 | $ 222,000 |
| Augusta-Richmond County, GA-SC | 1 | $ 205,000 | $ 205,000 | $ 74,000 |
| Boise City, ID | 1 | $ 335,000 | $ 335,000 | $ 72,000 |
| Columbia, SC | 1 | $ 235,000 | $ 235,000 | $ 64,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 1 | $ 25,000 | $ 25,000 | $ 140,000 |
| Duluth, MN-WI | 1 | $ 475,000 | $ 475,000 | $ 0 |
| Grand Rapids-Wyoming, MI | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Greensboro-High Point, NC | 1 | $ 125,000 | $ 125,000 | $ 664,000 |
| Gulfport-Biloxi-Pascagoula, MS | 1 | $ 325,000 | $ 325,000 | $ 109,000 |
| Kingsport-Bristol-Bristol, TN-VA | 1 | $ 485,000 | $ 485,000 | $ 137,000 |
| La Crosse-Onalaska, WI-MN | 1 | $ 355,000 | $ 355,000 | $ 173,000 |
| Lafayette-West Lafayette, IN | 1 | $ 405,000 | $ 405,000 | $ 264,000 |
| Lake County-Kenosha County, IL-WI | 1 | $ 495,000 | $ 495,000 | $ 117,000 |
| Las Vegas-Henderson-Paradise, NV | 1 | $ 1,405,000 | $ 1,405,000 | $ 515,000 |
| Montgomery, AL | 1 | $ 145,000 | $ 145,000 | $ 42,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 1 | $ 185,000 | $ 185,000 | $ 459,000 |
| Naples-Immokalee-Marco Island, FL | 1 | $ 515,000 | $ 515,000 | $ 0 |
| Omaha-Council Bluffs, NE-IA | 1 | $ 255,000 | $ 255,000 | $ 162,000 |
| Pittsburgh, PA | 1 | $ 205,000 | $ 205,000 | $ 125,000 |
| Tampa-St. Petersburg-Clearwater, FL | 1 | $ 3,565,000 | $ 3,565,000 | $ 1,574,000 |
| Tucson, AZ | 1 | $ 135,000 | $ 135,000 | $ 124,000 |
| Twin Falls, ID | 1 | $ 465,000 | $ 465,000 | $ 205,000 |
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.
For a list of all lenders in North Dakota, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About