American Bank & Trust Mortgage Lending & HMDA Data, 2018
In 2018, American Bank & Trust of Sioux Falls, SD reported 294 mortgage applications totaling $62.1 million, down 2% from 2017. The average application was for $211,326, and applicants reported an average income of $124,394. 84% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Sioux Falls, SD (136), Rapid City, SD (2) and Dayton, OH (1) (applications in parentheses).
| Mortgage Company & Address | American Bank & Trust 120 E Main Street Sioux Falls, SD 57108 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 |
| Total Number of Mortgage Applications | 294 |
| Total Mortgage Loan Application Amount | $62,130,000 |
| Average Mortgage Loan Application Amount | $211,326 |
| Highest Mortgage Loan Application Amount | $2,355,000 |
| Average Applicant Income | $124,394 |
| Highest Applicant Income | $1,723,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records American Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Minnehaha, South Dakota | 83 | $ 20,025,000 | $ 241,265 | $ 115,000 |
| Lincoln, South Dakota | 51 | $ 12,565,000 | $ 246,372 | $ 143,000 |
| Beadle, South Dakota | 36 | $ 5,760,000 | $ 160,000 | $ 98,000 |
| Hughes, South Dakota | 35 | $ 6,515,000 | $ 186,142 | $ 115,000 |
| Hand, South Dakota | 17 | $ 2,205,000 | $ 129,705 | $ 74,000 |
| Kingsbury, South Dakota | 13 | $ 2,645,000 | $ 203,461 | $ 146,000 |
| Stanley, South Dakota | 8 | $ 1,740,000 | $ 217,500 | $ 97,000 |
| Jerauld, South Dakota | 7 | $ 915,000 | $ 130,714 | $ 81,000 |
| Otter Tail, Minnesota | 3 | $ 725,000 | $ 241,666 | $ 147,000 |
| Brookings, South Dakota | 3 | $ 825,000 | $ 275,000 | $ 113,000 |
| Brown, South Dakota | 3 | $ 495,000 | $ 165,000 | $ 624,000 |
| Codington, South Dakota | 3 | $ 355,000 | $ 118,333 | $ 233,000 |
| Pipestone, Minnesota | 2 | $ 290,000 | $ 145,000 | $ 36,000 |
| Davison, South Dakota | 2 | $ 390,000 | $ 195,000 | $ 94,000 |
| Faulk, South Dakota | 2 | $ 290,000 | $ 145,000 | $ 0 |
| Pennington, South Dakota | 2 | $ 370,000 | $ 185,000 | $ 47,000 |
| Sully, South Dakota | 2 | $ 320,000 | $ 160,000 | $ 71,000 |
| Yankton, South Dakota | 2 | $ 610,000 | $ 305,000 | $ 227,000 |
| Campbell, Wyoming | 2 | $ 700,000 | $ 350,000 | $ 240,000 |
| Lyon, Iowa | 1 | $ 125,000 | $ 125,000 | $ 46,000 |
| Hennepin, Minnesota | 1 | $ 325,000 | $ 325,000 | $ 138,000 |
| Hubbard, Minnesota | 1 | $ 195,000 | $ 195,000 | $ 220,000 |
| Murray, Minnesota | 1 | $ 85,000 | $ 85,000 | $ 304,000 |
| Rock, Minnesota | 1 | $ 255,000 | $ 255,000 | $ 108,000 |
| Greene, Ohio | 1 | $ 405,000 | $ 405,000 | $ 253,000 |
| Aurora, South Dakota | 1 | $ 295,000 | $ 295,000 | $ 91,000 |
| Charles Mix, South Dakota | 1 | $ 245,000 | $ 245,000 | $ 264,000 |
| Douglas, South Dakota | 1 | $ 135,000 | $ 135,000 | $ 41,000 |
| Hamlin, South Dakota | 1 | $ 175,000 | $ 175,000 | $ 118,000 |
| Lake, South Dakota | 1 | $ 145,000 | $ 145,000 | $ 51,000 |
| Lawrence, South Dakota | 1 | $ 865,000 | $ 865,000 | $ 287,000 |
| McCook, South Dakota | 1 | $ 175,000 | $ 175,000 | $ 59,000 |
| Miner, South Dakota | 1 | $ 45,000 | $ 45,000 | $ 24,000 |
| Moody, South Dakota | 1 | $ 115,000 | $ 115,000 | $ 64,000 |
| Spink, South Dakota | 1 | $ 175,000 | $ 175,000 | $ 99,000 |
| Turner, South Dakota | 1 | $ 415,000 | $ 415,000 | $ 147,000 |
| Shelby, Tennessee | 1 | $ 215,000 | $ 215,000 | $ 56,000 |
Mortgage Loan Application Detail Totals for American Bank & Trust in 2018
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 | 229 | $50,295,000 | $219,000 | $2,355,000 | $117,000 | $1,124,000 |
| Cash-out Refinancing | 39 | $7,475,000 | $191,000 | $515,000 | $101,000 | $246,000 |
| Refinancing | 20 | $3,610,000 | $180,000 | $425,000 | $166,000 | $736,000 |
| Home Improvement | 6 | $750,000 | $125,000 | $225,000 | $420,000 | $1,723,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 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 | 256 | $54,600,000 | $213,000 | $2,355,000 | $122,000 | $1,723,000 |
| Not Provided | 21 | $4,335,000 | $206,000 | $435,000 | $136,000 | $741,000 |
| Not applicable | 5 | $815,000 | $163,000 | $305,000 | $0 | $0 |
| Asian | 5 | $1,235,000 | $247,000 | $315,000 | $236,000 | $615,000 |
| Hispanic | 4 | $760,000 | $190,000 | $365,000 | $74,000 | $120,000 |
| Black or African American | 2 | $270,000 | $135,000 | $155,000 | $63,000 | $78,000 |
| American Indian or Alaskan Native | 1 | $115,000 | $115,000 | $115,000 | $64,000 | $64,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
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) | 257 | $56,135,000 | $218,000 | $2,355,000 | $133,000 | $1,723,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 23 | $3,045,000 | $132,000 | $245,000 | $53,000 | $83,000 |
| FHA-insured (Federal Housing Administration) | 9 | $1,685,000 | $187,000 | $295,000 | $64,000 | $110,000 |
| VA-guaranteed (Veterans Administration) | 5 | $1,265,000 | $253,000 | $405,000 | $84,000 | $100,000 |
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 | 247 | $53,305,000 | $215,000 | $2,355,000 | $126,000 | $1,723,000 |
| Application Withdrawn By Applicant | 39 | $7,905,000 | $202,000 | $485,000 | $118,000 | $615,000 |
| Application Denied By Financial Institution | 8 | $920,000 | $115,000 | $205,000 | $38,000 | $53,000 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 294 | $62,130,000 | $211,000 | $2,355,000 | $123,000 | $1,723,000 |
| Employment History | 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 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into American Bank & Trust's 2018 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 American 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 South 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