American Bank & Trust Mortgage Lending & HMDA Data, 2022
In 2022, American Bank & Trust of Sioux Falls, SD reported 776 mortgage applications totaling $288.4 million, down 6% from 2021. The average application was for $371,585, and applicants reported an average income of $131,172. 76% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Sioux Falls, SD (226), Phoenix-Mesa-Scottsdale, AZ (6) and Sioux City, IA-NE-SD (6) (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 | 776 |
| Total Mortgage Loan Application Amount | $288,350,000 |
| Average Mortgage Loan Application Amount | $371,585 |
| Highest Mortgage Loan Application Amount | $29,505,000 |
| Average Applicant Income | $131,172 |
| Highest Applicant Income | $1,284,000 |
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(HMDA) records American Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 | 143 | $ 44,865,000 | $ 313,741 | $ 155,000 |
| Brown, South Dakota | 110 | $ 26,850,000 | $ 244,090 | $ 104,000 |
| Codington, South Dakota | 98 | $ 30,740,000 | $ 313,673 | $ 121,000 |
| Lincoln, South Dakota | 75 | $ 30,265,000 | $ 403,533 | $ 181,000 |
| Beadle, South Dakota | 55 | $ 10,455,000 | $ 190,090 | $ 83,000 |
| Hughes, South Dakota | 40 | $ 10,430,000 | $ 260,750 | $ 150,000 |
| Nobles, Minnesota | 37 | $ 5,045,000 | $ 136,351 | $ 101,000 |
| Kingsbury, South Dakota | 23 | $ 4,535,000 | $ 197,173 | $ 88,000 |
| Hand, South Dakota | 16 | $ 2,110,000 | $ 131,875 | $ 118,000 |
| Jerauld, South Dakota | 13 | $ 2,295,000 | $ 176,538 | $ 84,000 |
| Spink, South Dakota | 11 | $ 1,475,000 | $ 134,090 | $ 44,000 |
| Sanborn, South Dakota | 8 | $ 1,170,000 | $ 146,250 | $ 85,000 |
| Edmunds, South Dakota | 7 | $ 1,145,000 | $ 163,571 | $ 234,000 |
| Lawrence, South Dakota | 7 | $ 2,845,000 | $ 406,428 | $ 222,000 |
| Stanley, South Dakota | 7 | $ 12,935,000 | $ 1,847,857 | $ 107,000 |
| Maricopa, Arizona | 6 | $ 2,020,000 | $ 336,666 | $ 206,000 |
| Hamlin, South Dakota | 5 | $ 995,000 | $ 199,000 | $ 85,000 |
| Lake, South Dakota | 5 | $ 1,875,000 | $ 375,000 | $ 145,000 |
| Miner, South Dakota | 5 | $ 345,000 | $ 69,000 | $ 34,000 |
| Pennington, South Dakota | 5 | $ 55,355,000 | $ 11,071,000 | $ 78,000 |
| Cottonwood, Minnesota | 4 | $ 870,000 | $ 217,500 | $ 176,000 |
| Brookings, South Dakota | 4 | $ 1,240,000 | $ 310,000 | $ 211,000 |
| Charles Mix, South Dakota | 4 | $ 800,000 | $ 200,000 | $ 103,000 |
| McCook, South Dakota | 4 | $ 480,000 | $ 120,000 | $ 55,000 |
| Turner, South Dakota | 4 | $ 670,000 | $ 167,500 | $ 67,000 |
| Union, South Dakota | 4 | $ 430,000 | $ 107,500 | $ 75,000 |
| Murray, Minnesota | 3 | $ 685,000 | $ 228,333 | $ 97,000 |
| Rock, Minnesota | 3 | $ 625,000 | $ 208,333 | $ 324,000 |
| Mercer, New Jersey | 3 | $ 1,235,000 | $ 411,666 | $ 184,000 |
| Cass, North Dakota | 3 | $ 715,000 | $ 238,333 | $ 164,000 |
| Aurora, South Dakota | 3 | $ 625,000 | $ 208,333 | $ 80,000 |
| Moody, South Dakota | 3 | $ 545,000 | $ 181,666 | $ 62,000 |
| Sully, South Dakota | 3 | $ 525,000 | $ 175,000 | $ 91,000 |
| Los Angeles, California | 2 | $ 1,310,000 | $ 655,000 | $ 282,000 |
| Jefferson, Colorado | 2 | $ 720,000 | $ 360,000 | $ 271,000 |
| Clay, South Dakota | 2 | $ 490,000 | $ 245,000 | $ 90,000 |
| Douglas, South Dakota | 2 | $ 550,000 | $ 275,000 | $ 59,000 |
| Hutchinson, South Dakota | 2 | $ 410,000 | $ 205,000 | $ 57,000 |
| Roberts, South Dakota | 2 | $ 110,000 | $ 55,000 | $ 97,000 |
| Walworth, South Dakota | 2 | $ 140,000 | $ 70,000 | $ 40,000 |
| Yankton, South Dakota | 2 | $ 310,000 | $ 155,000 | $ 114,000 |
| Riverside, California | 1 | $ 145,000 | $ 145,000 | $ 236,000 |
| El Paso, Colorado | 1 | $ 655,000 | $ 655,000 | $ 197,000 |
| La Plata, Colorado | 1 | $ 1,055,000 | $ 1,055,000 | $ 298,000 |
| Duval, Florida | 1 | $ 395,000 | $ 395,000 | $ 176,000 |
| Sarasota, Florida | 1 | $ 325,000 | $ 325,000 | $ 194,000 |
| St. Lucie, Florida | 1 | $ 365,000 | $ 365,000 | $ 120,000 |
| Bartow, Georgia | 1 | $ 455,000 | $ 455,000 | $ 132,000 |
| Ada, Idaho | 1 | $ 265,000 | $ 265,000 | $ 150,000 |
| Boone, Iowa | 1 | $ 225,000 | $ 225,000 | $ 79,000 |
| Dallas, Iowa | 1 | $ 17,625,000 | $ 17,625,000 | $ 0 |
| Dickinson, Iowa | 1 | $ 185,000 | $ 185,000 | $ 106,000 |
| Monona, Iowa | 1 | $ 155,000 | $ 155,000 | $ 98,000 |
| Osceola, Iowa | 1 | $ 65,000 | $ 65,000 | $ 38,000 |
| Plymouth, Iowa | 1 | $ 435,000 | $ 435,000 | $ 425,000 |
| Story, Iowa | 1 | $ 105,000 | $ 105,000 | $ 300,000 |
| Shawnee, Kansas | 1 | $ 385,000 | $ 385,000 | $ 225,000 |
| Berrien, Michigan | 1 | $ 175,000 | $ 175,000 | $ 108,000 |
| Marquette, Michigan | 1 | $ 315,000 | $ 315,000 | $ 103,000 |
| Lincoln, Minnesota | 1 | $ 135,000 | $ 135,000 | $ 120,000 |
| Lyon, Minnesota | 1 | $ 225,000 | $ 225,000 | $ 112,000 |
| Pipestone, Minnesota | 1 | $ 175,000 | $ 175,000 | $ 87,000 |
| Redwood, Minnesota | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Yellow Medicine, Minnesota | 1 | $ 155,000 | $ 155,000 | $ 132,000 |
| Dakota, Nebraska | 1 | $ 195,000 | $ 195,000 | $ 58,000 |
| Dixon, Nebraska | 1 | $ 145,000 | $ 145,000 | $ 56,000 |
| Kidder, North Dakota | 1 | $ 475,000 | $ 475,000 | $ 165,000 |
| Montgomery, Ohio | 1 | $ 105,000 | $ 105,000 | $ 308,000 |
| Bon Homme, South Dakota | 1 | $ 35,000 | $ 35,000 | $ 30,000 |
| Buffalo, South Dakota | 1 | $ 175,000 | $ 175,000 | $ 75,000 |
| Butte, South Dakota | 1 | $ 285,000 | $ 285,000 | $ 67,000 |
| Clark, South Dakota | 1 | $ 315,000 | $ 315,000 | $ 138,000 |
| Davison, South Dakota | 1 | $ 215,000 | $ 215,000 | $ 55,000 |
| Day, South Dakota | 1 | $ 405,000 | $ 405,000 | $ 372,000 |
| Deuel, South Dakota | 1 | $ 305,000 | $ 305,000 | $ 73,000 |
| Faulk, South Dakota | 1 | $ 25,000 | $ 25,000 | $ 241,000 |
| Hyde, South Dakota | 1 | $ 45,000 | $ 45,000 | $ 41,000 |
| Potter, South Dakota | 1 | $ 85,000 | $ 85,000 | $ 55,000 |
| Hidalgo, Texas | 1 | $ 75,000 | $ 75,000 | $ 340,000 |
| Dane, Wisconsin | 1 | $ 155,000 | $ 155,000 | $ 134,000 |
Mortgage Loan Application Detail Totals for American Bank & Trust in 2022
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 | 517 | $210,955,000 | $408,000 | $25,005,000 | $131,000 | $1,250,000 |
| Refinancing | 132 | $53,600,000 | $406,000 | $29,505,000 | $138,000 | $659,000 |
| Cash-out Refinancing | 75 | $16,535,000 | $220,000 | $665,000 | $104,000 | $576,000 |
| Other Purpose | 33 | $4,595,000 | $139,000 | $425,000 | $112,000 | $389,000 |
| Home Improvement | 19 | $2,665,000 | $140,000 | $445,000 | $229,000 | $1,284,000 |
| 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 | 538 | $134,290,000 | $249,000 | $2,005,000 | $128,000 | $1,250,000 |
| Not applicable | 130 | $127,620,000 | $981,000 | $29,505,000 | $0 | $0 |
| Not Provided | 53 | $13,845,000 | $261,000 | $1,055,000 | $167,000 | $1,284,000 |
| Hispanic | 32 | $6,350,000 | $198,000 | $665,000 | $108,000 | $455,000 |
| Asian | 16 | $3,810,000 | $238,000 | $415,000 | $160,000 | $1,018,000 |
| Black or African American | 3 | $1,505,000 | $501,000 | $985,000 | $119,000 | $238,000 |
| American Indian or Alaskan Native | 3 | $665,000 | $221,000 | $275,000 | $79,000 | $87,000 |
| 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) | 686 | $268,580,000 | $391,000 | $29,505,000 | $140,000 | $1,284,000 |
| FHA-insured (Federal Housing Administration) | 46 | $10,190,000 | $221,000 | $425,000 | $71,000 | $235,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 30 | $4,700,000 | $156,000 | $285,000 | $63,000 | $106,000 |
| VA-guaranteed (Veterans Administration) | 14 | $4,880,000 | $348,000 | $1,335,000 | $99,000 | $320,000 |
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 | 592 | $247,660,000 | $418,000 | $29,505,000 | $133,000 | $1,018,000 |
| Application Withdrawn By Applicant | 152 | $34,050,000 | $224,000 | $1,055,000 | $129,000 | $1,250,000 |
| Application Denied By Financial Institution | 32 | $6,640,000 | $207,000 | $655,000 | $105,000 | $1,284,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 744 | $281,710,000 | $378,000 | $29,505,000 | $132,000 | $1,250,000 |
| Debt-To-Income Ratio | 15 | $3,585,000 | $239,000 | $505,000 | $49,000 | $120,000 |
| Credit History | 13 | $2,385,000 | $183,000 | $655,000 | $82,000 | $300,000 |
| Collateral | 2 | $200,000 | $100,000 | $145,000 | $74,000 | $85,000 |
| Credit Application Incomplete | 1 | $245,000 | $245,000 | $245,000 | $1,284,000 | $1,284,000 |
| Other | 1 | $225,000 | $225,000 | $225,000 | $105,000 | $105,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into American Bank & Trust's 2022 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