Bank of Springfield Mortgage Lending & HMDA Data, 2019

In 2019, Bank of Springfield of Springfield, IL reported 2,681 mortgage applications totaling $506.7 million, up 88% from 2018. The average application was for $189,013, and applicants reported an average income of $146,977. 80% of its applications resulted in an originated loan and 3% were denied. Its largest markets were St. Louis, MO-IL (1,126), Springfield, IL (869) and Memphis, TN-MS-AR (225) (applications in parentheses).

Mortgage Company & Address Bank of Springfield
2600 Stevenson Drive
Springfield, IL 62711
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 2,681
Total Mortgage Loan Application Amount $506,745,000
Average Mortgage Loan Application Amount $189,013
Highest Mortgage Loan Application Amount $1,555,000
Average Applicant Income $146,977
Highest Applicant Income $1,560,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Bank of Springfield filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Bank of Springfield by County in 2019

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Sangamon, Illinois 847 $ 139,405,000 $ 164,586 $ 131,000
St. Louis, Missouri 549 $ 127,725,000 $ 232,650 $ 161,000
Shelby, Tennessee 208 $ 16,830,000 $ 80,913 $ 143,000
Madison, Illinois 156 $ 33,970,000 $ 217,756 $ 156,000
St. Charles, Missouri 136 $ 31,010,000 $ 228,014 $ 112,000
St. Louis City, Missouri 130 $ 28,280,000 $ 217,538 $ 148,000
St. Clair, Illinois 54 $ 8,770,000 $ 162,407 $ 157,000
Adams, Illinois 43 $ 5,455,000 $ 126,860 $ 93,000
Morgan, Illinois 42 $ 5,850,000 $ 139,285 $ 131,000
Macoupin, Illinois 34 $ 3,890,000 $ 114,411 $ 94,000
Jefferson, Missouri 26 $ 5,830,000 $ 224,230 $ 111,000
Pulaski, Arkansas 24 $ 1,940,000 $ 80,833 $ 150,000
Menard, Illinois 22 $ 3,590,000 $ 163,181 $ 120,000
Lincoln, Missouri 17 $ 3,055,000 $ 179,705 $ 86,000
Christian, Illinois 14 $ 1,270,000 $ 90,714 $ 70,000
Cook, Illinois 14 $ 4,010,000 $ 286,428 $ 193,000
DeSoto, Mississippi 14 $ 1,450,000 $ 103,571 $ 151,000
Jackson, Missouri 13 $ 1,355,000 $ 104,230 $ 157,000
Cass, Illinois 9 $ 945,000 $ 105,000 $ 83,000
Marion, Indiana 9 $ 1,295,000 $ 143,888 $ 151,000
Franklin, Missouri 9 $ 2,285,000 $ 253,888 $ 137,000
Macon, Illinois 8 $ 710,000 $ 88,750 $ 89,000
Buchanan, Missouri 8 $ 1,750,000 $ 218,750 $ 84,000
Maricopa, Arizona 7 $ 1,875,000 $ 267,857 $ 619,000
Camden, Missouri 7 $ 1,915,000 $ 273,571 $ 531,000
Marion, Missouri 7 $ 725,000 $ 103,571 $ 77,000
Warren, Missouri 7 $ 1,355,000 $ 193,571 $ 98,000
Manatee, Florida 6 $ 1,830,000 $ 305,000 $ 198,000
Cass, Missouri 6 $ 950,000 $ 158,333 $ 145,000
Logan, Illinois 5 $ 1,165,000 $ 233,000 $ 236,000
Montgomery, Illinois 5 $ 525,000 $ 105,000 $ 72,000
Johnson, Kansas 5 $ 1,295,000 $ 259,000 $ 138,000
Tarrant, Texas 5 $ 1,565,000 $ 313,000 $ 116,000
Denver, Colorado 4 $ 1,120,000 $ 280,000 $ 121,000
McLean, Illinois 4 $ 720,000 $ 180,000 $ 75,000
Monroe, Illinois 4 $ 610,000 $ 152,500 $ 95,000
Peoria, Illinois 4 $ 980,000 $ 245,000 $ 169,000
Pike, Illinois 4 $ 560,000 $ 140,000 $ 112,000
Lewis, Missouri 4 $ 660,000 $ 165,000 $ 70,000
Pike, Missouri 4 $ 710,000 $ 177,500 $ 287,000
Harris, Texas 4 $ 760,000 $ 190,000 $ 172,000
Travis, Texas 4 $ 710,000 $ 177,500 $ 168,000
Utah, Utah 4 $ 1,890,000 $ 472,500 $ 211,000
Madison, Alabama 3 $ 395,000 $ 131,666 $ 106,000
Butte, California 3 $ 1,915,000 $ 638,333 $ 455,000
Duval, Florida 3 $ 505,000 $ 168,333 $ 108,000
Hillsborough, Florida 3 $ 525,000 $ 175,000 $ 77,000
Lee, Florida 3 $ 505,000 $ 168,333 $ 129,000
Pinellas, Florida 3 $ 585,000 $ 195,000 $ 138,000
Mason, Illinois 3 $ 225,000 $ 75,000 $ 67,000
Boone, Indiana 3 $ 3,285,000 $ 1,095,000 $ 737,000
Clay, Missouri 3 $ 665,000 $ 221,666 $ 75,000
Greene, Missouri 3 $ 335,000 $ 111,666 $ 134,000
Montgomery, Missouri 3 $ 805,000 $ 268,333 $ 137,000
Ralls, Missouri 3 $ 1,225,000 $ 408,333 $ 1,096,000
Butler, Ohio 3 $ 1,075,000 $ 358,333 $ 327,000
Beaufort, South Carolina 3 $ 2,035,000 $ 678,333 $ 352,000
Tipton, Tennessee 3 $ 375,000 $ 125,000 $ 191,000
Jefferson, Alabama 2 $ 420,000 $ 210,000 $ 94,000
Adams, Colorado 2 $ 630,000 $ 315,000 $ 182,000
Arapahoe, Colorado 2 $ 600,000 $ 300,000 $ 128,000
Boulder, Colorado 2 $ 2,390,000 $ 1,195,000 $ 299,000
Jefferson, Colorado 2 $ 170,000 $ 85,000 $ 149,000
New Haven, Connecticut 2 $ 440,000 $ 220,000 $ 85,000
Okaloosa, Florida 2 $ 650,000 $ 325,000 $ 522,000
Orange, Florida 2 $ 450,000 $ 225,000 $ 668,000
Coweta, Georgia 2 $ 2,200,000 $ 1,100,000 $ 458,000
Ada, Idaho 2 $ 1,090,000 $ 545,000 $ 243,000
Coles, Illinois 2 $ 150,000 $ 75,000 $ 38,000
Lake, Illinois 2 $ 810,000 $ 405,000 $ 128,000
Piatt, Illinois 2 $ 280,000 $ 140,000 $ 61,000
Schuyler, Illinois 2 $ 170,000 $ 85,000 $ 90,000
Scott, Illinois 2 $ 130,000 $ 65,000 $ 86,000
Shelby, Illinois 2 $ 540,000 $ 270,000 $ 113,000
Tazewell, Illinois 2 $ 330,000 $ 165,000 $ 113,000
Allen, Indiana 2 $ 410,000 $ 205,000 $ 96,000
Crow Wing, Minnesota 2 $ 1,660,000 $ 830,000 $ 432,000
Boone, Missouri 2 $ 1,190,000 $ 595,000 $ 1,278,000
Miller, Missouri 2 $ 200,000 $ 100,000 $ 146,000
Newton, Missouri 2 $ 350,000 $ 175,000 $ 104,000
St. Francois, Missouri 2 $ 380,000 $ 190,000 $ 113,000
Gallatin, Montana 2 $ 370,000 $ 185,000 $ 42,000
Gaston, North Carolina 2 $ 170,000 $ 85,000 $ 160,000
Mecklenburg, North Carolina 2 $ 1,610,000 $ 805,000 $ 788,000
Cuyahoga, Ohio 2 $ 160,000 $ 80,000 $ 184,000
Hamilton, Ohio 2 $ 280,000 $ 140,000 $ 114,000
Davidson, Tennessee 2 $ 520,000 $ 260,000 $ 121,000
Hamilton, Tennessee 2 $ 910,000 $ 455,000 $ 150,000
Knox, Tennessee 2 $ 260,000 $ 130,000 $ 38,000
Grayson, Texas 2 $ 250,000 $ 125,000 $ 101,000
Dane, Wisconsin 2 $ 490,000 $ 245,000 $ 220,000
Milwaukee, Wisconsin 2 $ 390,000 $ 195,000 $ 392,000
Baldwin, Alabama 1 $ 1,385,000 $ 1,385,000 $ 141,000
Montgomery, Alabama 1 $ 75,000 $ 75,000 $ 77,000
Anchorage, Alaska 1 $ 305,000 $ 305,000 $ 126,000
Pinal, Arizona 1 $ 195,000 $ 195,000 $ 118,000
Monterey, California 1 $ 755,000 $ 755,000 $ 135,000
Sacramento, California 1 $ 215,000 $ 215,000 $ 234,000
Santa Cruz, California 1 $ 445,000 $ 445,000 $ 150,000
Eagle, Colorado 1 $ 225,000 $ 225,000 $ 338,000
Lake, Colorado 1 $ 535,000 $ 535,000 $ 234,000
Larimer, Colorado 1 $ 255,000 $ 255,000 $ 99,000
Teller, Colorado 1 $ 105,000 $ 105,000 $ 66,000
Brevard, Florida 1 $ 315,000 $ 315,000 $ 270,000
Broward, Florida 1 $ 285,000 $ 285,000 $ 66,000
Highlands, Florida 1 $ 65,000 $ 65,000 $ 61,000
Palm Beach, Florida 1 $ 135,000 $ 135,000 $ 99,000
Pasco, Florida 1 $ 165,000 $ 165,000 $ 127,000
Sarasota, Florida 1 $ 365,000 $ 365,000 $ 139,000
Seminole, Florida 1 $ 225,000 $ 225,000 $ 122,000
St. Johns, Florida 1 $ 115,000 $ 115,000 $ 116,000
Sumter, Florida 1 $ 165,000 $ 165,000 $ 66,000
Chatham, Georgia 1 $ 125,000 $ 125,000 $ 37,000
Cobb, Georgia 1 $ 275,000 $ 275,000 $ 97,000
Forsyth, Georgia 1 $ 245,000 $ 245,000 $ 120,000
Bond, Illinois 1 $ 115,000 $ 115,000 $ 112,000
Calhoun, Illinois 1 $ 255,000 $ 255,000 $ 107,000
Clinton, Illinois 1 $ 155,000 $ 155,000 $ 134,000
Douglas, Illinois 1 $ 25,000 $ 25,000 $ 121,000
DuPage, Illinois 1 $ 215,000 $ 215,000 $ 32,000
Greene, Illinois 1 $ 75,000 $ 75,000 $ 42,000
Hancock, Illinois 1 $ 15,000 $ 15,000 $ 31,000
Jersey, Illinois 1 $ 215,000 $ 215,000 $ 50,000
Jo Daviess, Illinois 1 $ 145,000 $ 145,000 $ 380,000
Kane, Illinois 1 $ 195,000 $ 195,000 $ 90,000
Kendall, Illinois 1 $ 265,000 $ 265,000 $ 0
Marion, Illinois 1 $ 55,000 $ 55,000 $ 71,000
Will, Illinois 1 $ 355,000 $ 355,000 $ 385,000
Williamson, Illinois 1 $ 185,000 $ 185,000 $ 183,000
Hamilton, Indiana 1 $ 155,000 $ 155,000 $ 231,000
Hendricks, Indiana 1 $ 55,000 $ 55,000 $ 43,000
Tippecanoe, Indiana 1 $ 205,000 $ 205,000 $ 225,000
Vanderburgh, Indiana 1 $ 275,000 $ 275,000 $ 60,000
Crawford, Kansas 1 $ 45,000 $ 45,000 $ 105,000
Reno, Kansas 1 $ 395,000 $ 395,000 $ 180,000
Sedgwick, Kansas 1 $ 205,000 $ 205,000 $ 0
Sherman, Kansas 1 $ 65,000 $ 65,000 $ 39,000
Wyandotte, Kansas 1 $ 245,000 $ 245,000 $ 106,000
Warren, Kentucky 1 $ 355,000 $ 355,000 $ 145,000
St. Tammany, Louisiana 1 $ 305,000 $ 305,000 $ 0
Baltimore City, Maryland 1 $ 55,000 $ 55,000 $ 120,000
Allegan, Michigan 1 $ 445,000 $ 445,000 $ 139,000
Berrien, Michigan 1 $ 755,000 $ 755,000 $ 928,000
Gogebic, Michigan 1 $ 315,000 $ 315,000 $ 195,000
Leelanau, Michigan 1 $ 275,000 $ 275,000 $ 51,000
Van Buren, Michigan 1 $ 265,000 $ 265,000 $ 72,000
Wayne, Michigan 1 $ 85,000 $ 85,000 $ 96,000
Goodhue, Minnesota 1 $ 125,000 $ 125,000 $ 117,000
Lafayette, Mississippi 1 $ 125,000 $ 125,000 $ 140,000
Crawford, Missouri 1 $ 185,000 $ 185,000 $ 171,000
Howell, Missouri 1 $ 85,000 $ 85,000 $ 83,000
Morgan, Missouri 1 $ 45,000 $ 45,000 $ 0
Ozark, Missouri 1 $ 85,000 $ 85,000 $ 92,000
Ste. Genevieve, Missouri 1 $ 75,000 $ 75,000 $ 52,000
Douglas, Nebraska 1 $ 245,000 $ 245,000 $ 137,000
Clark, Nevada 1 $ 175,000 $ 175,000 $ 30,000
Middlesex, New Jersey 1 $ 195,000 $ 195,000 $ 1,200,000
Saratoga, New York 1 $ 365,000 $ 365,000 $ 114,000
Suffolk, New York 1 $ 255,000 $ 255,000 $ 127,000
Wake, North Carolina 1 $ 75,000 $ 75,000 $ 64,000
Lucas, Ohio 1 $ 85,000 $ 85,000 $ 84,000
Montgomery, Ohio 1 $ 55,000 $ 55,000 $ 130,000
Choctaw, Oklahoma 1 $ 45,000 $ 45,000 $ 84,000
Tulsa, Oklahoma 1 $ 75,000 $ 75,000 $ 209,000
Benton, Oregon 1 $ 805,000 $ 805,000 $ 46,000
Allegheny, Pennsylvania 1 $ 95,000 $ 95,000 $ 141,000
Bucks, Pennsylvania 1 $ 315,000 $ 315,000 $ 230,000
Charleston, South Carolina 1 $ 135,000 $ 135,000 $ 136,000
Hardin, Tennessee 1 $ 125,000 $ 125,000 $ 93,000
Bexar, Texas 1 $ 245,000 $ 245,000 $ 431,000
Denton, Texas 1 $ 285,000 $ 285,000 $ 90,000
Ellis, Texas 1 $ 305,000 $ 305,000 $ 160,000
Montgomery, Texas 1 $ 145,000 $ 145,000 $ 124,000
Salt Lake, Utah 1 $ 155,000 $ 155,000 $ 88,000

Mortgage Loan Application Detail Totals for Bank of Springfield in 2019

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 1,727 $306,075,000 $177,000 $1,235,000 $142,000 $1,560,000
Refinancing 623 $142,295,000 $228,000 $1,385,000 $164,000 $1,484,000
Cash-out Refinancing 247 $50,115,000 $202,000 $1,555,000 $136,000 $1,200,000
Home Improvement 50 $3,870,000 $77,000 $425,000 $142,000 $819,000
Other Purpose 34 $4,390,000 $129,000 $1,555,000 $175,000 $1,520,000
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 1,928 $382,370,000 $198,000 $1,555,000 $146,000 $1,520,000
Not Provided 501 $82,875,000 $165,000 $1,385,000 $150,000 $1,560,000
Asian 78 $13,800,000 $176,000 $845,000 $176,000 $681,000
Not applicable 76 $10,920,000 $143,000 $855,000 $0 $0
Black or African American 57 $9,805,000 $172,000 $505,000 $113,000 $549,000
Hispanic 28 $4,110,000 $146,000 $565,000 $107,000 $380,000
American Indian or Alaskan Native 3 $285,000 $95,000 $155,000 $95,000 $121,000
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) 2,482 $470,970,000 $189,000 $1,555,000 $153,000 $1,560,000
FHA-insured (Federal Housing Administration) 140 $23,390,000 $167,000 $455,000 $69,000 $321,000
VA-guaranteed (Veterans Administration) 49 $11,205,000 $228,000 $545,000 $91,000 $222,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 10 $1,180,000 $118,000 $195,000 $56,000 $80,000

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 2,132 $391,990,000 $183,000 $1,555,000 $149,000 $1,520,000
Application Withdrawn By Applicant 457 $101,815,000 $222,000 $1,385,000 $149,000 $1,560,000
Application Denied By Financial Institution 91 $12,705,000 $139,000 $1,225,000 $76,000 $656,000
File Closed For Incompleteness 1 $235,000 $235,000 $235,000 $61,000 $61,000
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
Not applicable 2,590 $494,040,000 $190,000 $1,555,000 $149,000 $1,560,000
Credit History 38 $3,680,000 $96,000 $305,000 $67,000 $146,000
Debt-To-Income Ratio 36 $5,980,000 $166,000 $475,000 $57,000 $157,000
Collateral 10 $950,000 $95,000 $175,000 $77,000 $218,000
Other 3 $415,000 $138,000 $245,000 $154,000 $180,000
Unverifiable Information 1 $215,000 $215,000 $215,000 $234,000 $234,000
Credit Application Incomplete 1 $205,000 $205,000 $205,000 $0 $0
Employment History 1 $35,000 $35,000 $35,000 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 1 $1,225,000 $1,225,000 $1,225,000 $656,000 $656,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Bank of Springfield's 2019 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 Bank of Springfield'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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