American Bank & Trust Mortgage Lending & HMDA Data, 2020
In 2020, American Bank & Trust of Sioux Falls, SD reported 920 mortgage applications totaling $247.4 million, up 111% from 2019. The average application was for $268,945, and applicants reported an average income of $135,061. 86% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Sioux Falls, SD (389), Rapid City, SD (17) and Minneapolis-St. Paul-Bloomington, MN-WI (7) (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 | 920 |
| Total Mortgage Loan Application Amount | $247,430,000 |
| Average Mortgage Loan Application Amount | $268,945 |
| Highest Mortgage Loan Application Amount | $13,505,000 |
| Average Applicant Income | $135,061 |
| Highest Applicant Income | $1,672,000 |
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(HMDA) records American Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 | 262 | $ 79,830,000 | $ 304,694 | $ 129,000 |
| Beadle, South Dakota | 137 | $ 25,215,000 | $ 184,051 | $ 123,000 |
| Hughes, South Dakota | 123 | $ 24,885,000 | $ 202,317 | $ 102,000 |
| Lincoln, South Dakota | 120 | $ 38,500,000 | $ 320,833 | $ 158,000 |
| Stanley, South Dakota | 29 | $ 8,415,000 | $ 290,172 | $ 181,000 |
| Kingsbury, South Dakota | 26 | $ 5,190,000 | $ 199,615 | $ 177,000 |
| Hand, South Dakota | 20 | $ 3,380,000 | $ 169,000 | $ 119,000 |
| Pennington, South Dakota | 13 | $ 2,865,000 | $ 220,384 | $ 144,000 |
| Jerauld, South Dakota | 10 | $ 1,900,000 | $ 190,000 | $ 80,000 |
| Spink, South Dakota | 10 | $ 1,760,000 | $ 176,000 | $ 121,000 |
| Charles Mix, South Dakota | 9 | $ 2,475,000 | $ 275,000 | $ 296,000 |
| Codington, South Dakota | 9 | $ 10,915,000 | $ 1,212,777 | $ 185,000 |
| Lake, South Dakota | 9 | $ 1,715,000 | $ 190,555 | $ 117,000 |
| Brown, South Dakota | 8 | $ 1,410,000 | $ 176,250 | $ 120,000 |
| Davison, South Dakota | 8 | $ 2,010,000 | $ 251,250 | $ 101,000 |
| Hamlin, South Dakota | 7 | $ 2,035,000 | $ 290,714 | $ 189,000 |
| Hennepin, Minnesota | 6 | $ 2,150,000 | $ 358,333 | $ 129,000 |
| Brookings, South Dakota | 6 | $ 1,480,000 | $ 246,666 | $ 142,000 |
| Lawrence, South Dakota | 6 | $ 2,800,000 | $ 466,666 | $ 283,000 |
| McCook, South Dakota | 5 | $ 1,545,000 | $ 309,000 | $ 167,000 |
| Yankton, South Dakota | 5 | $ 5,425,000 | $ 1,085,000 | $ 210,000 |
| Rock, Minnesota | 4 | $ 750,000 | $ 187,500 | $ 121,000 |
| Aurora, South Dakota | 4 | $ 740,000 | $ 185,000 | $ 73,000 |
| Douglas, South Dakota | 4 | $ 570,000 | $ 142,500 | $ 63,000 |
| Meade, South Dakota | 4 | $ 1,580,000 | $ 395,000 | $ 126,000 |
| Miner, South Dakota | 4 | $ 610,000 | $ 152,500 | $ 62,000 |
| Dickinson, Iowa | 3 | $ 955,000 | $ 318,333 | $ 253,000 |
| Hyde, South Dakota | 3 | $ 265,000 | $ 88,333 | $ 63,000 |
| Union, South Dakota | 3 | $ 575,000 | $ 191,666 | $ 134,000 |
| Arapahoe, Colorado | 2 | $ 510,000 | $ 255,000 | $ 144,000 |
| Weld, Colorado | 2 | $ 790,000 | $ 395,000 | $ 113,000 |
| Hillsborough, Florida | 2 | $ 310,000 | $ 155,000 | $ 154,000 |
| Lyon, Iowa | 2 | $ 400,000 | $ 200,000 | $ 52,000 |
| Kandiyohi, Minnesota | 2 | $ 1,020,000 | $ 510,000 | $ 627,000 |
| Nicollet, Minnesota | 2 | $ 550,000 | $ 275,000 | $ 91,000 |
| Douglas, Nebraska | 2 | $ 600,000 | $ 300,000 | $ 146,000 |
| Custer, South Dakota | 2 | $ 870,000 | $ 435,000 | $ 111,000 |
| Day, South Dakota | 2 | $ 260,000 | $ 130,000 | $ 67,000 |
| Edmunds, South Dakota | 2 | $ 640,000 | $ 320,000 | $ 215,000 |
| Hanson, South Dakota | 2 | $ 300,000 | $ 150,000 | $ 146,000 |
| Moody, South Dakota | 2 | $ 450,000 | $ 225,000 | $ 106,000 |
| Sanborn, South Dakota | 2 | $ 480,000 | $ 240,000 | $ 78,000 |
| Sully, South Dakota | 2 | $ 440,000 | $ 220,000 | $ 169,000 |
| Tripp, South Dakota | 2 | $ 190,000 | $ 95,000 | $ 288,000 |
| Turner, South Dakota | 2 | $ 560,000 | $ 280,000 | $ 90,000 |
| Maricopa, Arizona | 1 | $ 235,000 | $ 235,000 | $ 118,000 |
| Mohave, Arizona | 1 | $ 245,000 | $ 245,000 | $ 85,000 |
| Napa, California | 1 | $ 515,000 | $ 515,000 | $ 288,000 |
| Shasta, California | 1 | $ 365,000 | $ 365,000 | $ 84,000 |
| Denver, Colorado | 1 | $ 325,000 | $ 325,000 | $ 88,000 |
| Douglas, Colorado | 1 | $ 265,000 | $ 265,000 | $ 117,000 |
| Larimer, Colorado | 1 | $ 335,000 | $ 335,000 | $ 786,000 |
| Orange, Florida | 1 | $ 215,000 | $ 215,000 | $ 289,000 |
| Volusia, Florida | 1 | $ 165,000 | $ 165,000 | $ 71,000 |
| Hamilton, Indiana | 1 | $ 75,000 | $ 75,000 | $ 55,000 |
| O'Brien, Iowa | 1 | $ 135,000 | $ 135,000 | $ 87,000 |
| Woodbury, Iowa | 1 | $ 135,000 | $ 135,000 | $ 60,000 |
| Beauregard, Louisiana | 1 | $ 165,000 | $ 165,000 | $ 122,000 |
| Ingham, Michigan | 1 | $ 125,000 | $ 125,000 | $ 71,000 |
| Dakota, Minnesota | 1 | $ 225,000 | $ 225,000 | $ 60,000 |
| Douglas, Minnesota | 1 | $ 515,000 | $ 515,000 | $ 162,000 |
| Nobles, Minnesota | 1 | $ 85,000 | $ 85,000 | $ 50,000 |
| Otter Tail, Minnesota | 1 | $ 205,000 | $ 205,000 | $ 72,000 |
| Jackson, Missouri | 1 | $ 275,000 | $ 275,000 | $ 126,000 |
| Dixon, Nebraska | 1 | $ 145,000 | $ 145,000 | $ 60,000 |
| Merrick, Nebraska | 1 | $ 295,000 | $ 295,000 | $ 101,000 |
| Clark, Nevada | 1 | $ 95,000 | $ 95,000 | $ 83,000 |
| Montgomery, Ohio | 1 | $ 105,000 | $ 105,000 | $ 290,000 |
| Clark, South Dakota | 1 | $ 85,000 | $ 85,000 | $ 111,000 |
| Clay, South Dakota | 1 | $ 515,000 | $ 515,000 | $ 249,000 |
| Faulk, South Dakota | 1 | $ 125,000 | $ 125,000 | $ 113,000 |
| Gregory, South Dakota | 1 | $ 45,000 | $ 45,000 | $ 0 |
| Haakon, South Dakota | 1 | $ 205,000 | $ 205,000 | $ 81,000 |
| Hutchinson, South Dakota | 1 | $ 265,000 | $ 265,000 | $ 200,000 |
| King, Washington | 1 | $ 285,000 | $ 285,000 | $ 154,000 |
| Laramie, Wyoming | 1 | $ 345,000 | $ 345,000 | $ 60,000 |
Mortgage Loan Application Detail Totals for American Bank & Trust in 2020
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 |
|---|---|---|---|---|---|---|
| Refinancing | 426 | $107,150,000 | $251,000 | $4,005,000 | $145,000 | $1,051,000 |
| Home Purchase | 244 | $68,870,000 | $282,000 | $13,505,000 | $116,000 | $786,000 |
| Cash-out Refinancing | 231 | $53,235,000 | $230,000 | $865,000 | $138,000 | $1,672,000 |
| Other Purpose | 9 | $5,815,000 | $646,000 | $4,005,000 | $120,000 | $170,000 |
| Home Improvement | 7 | $995,000 | $142,000 | $335,000 | $117,000 | $232,000 |
| Not Applicable | 3 | $11,365,000 | $3,788,000 | $8,935,000 | $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 | 767 | $176,995,000 | $230,000 | $855,000 | $132,000 | $1,672,000 |
| Not Provided | 90 | $22,820,000 | $253,000 | $905,000 | $167,000 | $650,000 |
| Not applicable | 30 | $40,870,000 | $1,362,000 | $13,505,000 | $0 | $0 |
| Hispanic | 12 | $2,550,000 | $212,000 | $515,000 | $122,000 | $314,000 |
| Asian | 6 | $1,430,000 | $238,000 | $305,000 | $148,000 | $258,000 |
| Black or African American | 5 | $1,005,000 | $201,000 | $265,000 | $72,000 | $103,000 |
| American Indian or Alaskan Native | 5 | $1,045,000 | $209,000 | $305,000 | $110,000 | $139,000 |
| 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) | 858 | $236,910,000 | $276,000 | $13,505,000 | $141,000 | $1,672,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 35 | $4,835,000 | $138,000 | $275,000 | $52,000 | $96,000 |
| FHA-insured (Federal Housing Administration) | 19 | $3,885,000 | $204,000 | $315,000 | $66,000 | $124,000 |
| VA-guaranteed (Veterans Administration) | 8 | $1,800,000 | $225,000 | $415,000 | $77,000 | $113,000 |
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 | 791 | $217,905,000 | $275,000 | $13,505,000 | $139,000 | $1,672,000 |
| Application Withdrawn By Applicant | 80 | $18,880,000 | $236,000 | $905,000 | $128,000 | $677,000 |
| Application Denied By Financial Institution | 46 | $10,210,000 | $221,000 | $515,000 | $88,000 | $387,000 |
| File Closed For Incompleteness | 3 | $435,000 | $145,000 | $175,000 | $60,000 | $92,000 |
| Application Approved But Not Accepted | 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 | 920 | $247,430,000 | $268,000 | $13,505,000 | $136,000 | $1,672,000 |
| 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 2020 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.
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