Bank & Trust Company Mortgage Lending & HMDA Data, 2021
In 2021, Bank & Trust Company of Litchfield, IL reported 369 mortgage applications totaling $61.2 million, down 30% from 2020. The average application was for $165,840, and applicants reported an average income of $107,560. 85% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Springfield, IL (138), St. Louis, MO-IL (93) and Chicago-Naperville, IL (3) (applications in parentheses).
| Mortgage Company & Address | Bank & Trust Company 401 N Madison Litchfield, IL 62056 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 | 369 |
| Total Mortgage Loan Application Amount | $61,195,000 |
| Average Mortgage Loan Application Amount | $165,840 |
| Highest Mortgage Loan Application Amount | $8,805,000 |
| Average Applicant Income | $107,560 |
| Highest Applicant Income | $786,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Bank & Trust Company filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Sangamon, Illinois | 135 | $ 20,305,000 | $ 150,407 | $ 114,000 |
| Montgomery, Illinois | 98 | $ 10,010,000 | $ 102,142 | $ 83,000 |
| Macoupin, Illinois | 77 | $ 8,185,000 | $ 106,298 | $ 84,000 |
| Christian, Illinois | 11 | $ 1,005,000 | $ 91,363 | $ 95,000 |
| Madison, Illinois | 9 | $ 1,855,000 | $ 206,111 | $ 137,000 |
| Menard, Illinois | 3 | $ 595,000 | $ 198,333 | $ 93,000 |
| St. Clair, Illinois | 3 | $ 505,000 | $ 168,333 | $ 168,000 |
| Maricopa, Arizona | 2 | $ 710,000 | $ 355,000 | $ 400,000 |
| Collier, Florida | 2 | $ 1,250,000 | $ 625,000 | $ 132,000 |
| Lee, Florida | 2 | $ 1,590,000 | $ 795,000 | $ 599,000 |
| DuPage, Illinois | 2 | $ 960,000 | $ 480,000 | $ 351,000 |
| Fayette, Illinois | 2 | $ 290,000 | $ 145,000 | $ 72,000 |
| Tazewell, Illinois | 2 | $ 9,000,000 | $ 4,500,000 | $ 77,000 |
| St. Charles, Missouri | 2 | $ 650,000 | $ 325,000 | $ 403,000 |
| Volusia, Florida | 1 | $ 575,000 | $ 575,000 | $ 0 |
| Coles, Illinois | 1 | $ 145,000 | $ 145,000 | $ 106,000 |
| Cook, Illinois | 1 | $ 275,000 | $ 275,000 | $ 235,000 |
| Ford, Illinois | 1 | $ 85,000 | $ 85,000 | $ 86,000 |
| Jersey, Illinois | 1 | $ 225,000 | $ 225,000 | $ 176,000 |
| Mason, Illinois | 1 | $ 145,000 | $ 145,000 | $ 86,000 |
| Morgan, Illinois | 1 | $ 145,000 | $ 145,000 | $ 77,000 |
| Peoria, Illinois | 1 | $ 105,000 | $ 105,000 | $ 203,000 |
| Shelby, Illinois | 1 | $ 95,000 | $ 95,000 | $ 129,000 |
| Vermilion, Illinois | 1 | $ 305,000 | $ 305,000 | $ 380,000 |
| Williamson, Illinois | 1 | $ 255,000 | $ 255,000 | $ 127,000 |
| Manistee, Michigan | 1 | $ 285,000 | $ 285,000 | $ 254,000 |
| Clay, Missouri | 1 | $ 225,000 | $ 225,000 | $ 144,000 |
| St. Louis City, Missouri | 1 | $ 215,000 | $ 215,000 | $ 80,000 |
| Beaufort, South Carolina | 1 | $ 405,000 | $ 405,000 | $ 148,000 |
| Greenville, South Carolina | 1 | $ 185,000 | $ 185,000 | $ 136,000 |
| Davidson, Tennessee | 1 | $ 185,000 | $ 185,000 | $ 38,000 |
| Washington, Tennessee | 1 | $ 235,000 | $ 235,000 | $ 216,000 |
| Montgomery, Texas | 1 | $ 195,000 | $ 195,000 | $ 203,000 |
Mortgage Loan Application Detail Totals for Bank & Trust Company in 2021
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 | 143 | $29,715,000 | $207,000 | $8,805,000 | $97,000 | $646,000 |
| Refinancing | 133 | $17,615,000 | $132,000 | $485,000 | $106,000 | $406,000 |
| Cash-out Refinancing | 69 | $10,805,000 | $156,000 | $545,000 | $125,000 | $443,000 |
| Other Purpose | 16 | $2,830,000 | $176,000 | $1,045,000 | $153,000 | $786,000 |
| Home Improvement | 8 | $230,000 | $28,000 | $35,000 | $81,000 | $134,000 |
| 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 | 331 | $44,355,000 | $134,000 | $1,045,000 | $107,000 | $786,000 |
| Not applicable | 20 | $13,570,000 | $678,000 | $8,805,000 | $0 | $0 |
| Not Provided | 11 | $1,875,000 | $170,000 | $405,000 | $120,000 | $215,000 |
| Asian | 2 | $590,000 | $295,000 | $335,000 | $129,000 | $153,000 |
| Hispanic | 2 | $160,000 | $80,000 | $135,000 | $113,000 | $157,000 |
| Black or African American | 1 | $285,000 | $285,000 | $285,000 | $195,000 | $195,000 |
| American Indian or Alaskan Native | 1 | $75,000 | $75,000 | $75,000 | $50,000 | $50,000 |
| 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) | 369 | $61,195,000 | $165,000 | $8,805,000 | $108,000 | $786,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 314 | $51,640,000 | $164,000 | $8,805,000 | $104,000 | $646,000 |
| Application Withdrawn By Applicant | 29 | $6,405,000 | $220,000 | $1,045,000 | $151,000 | $786,000 |
| Application Denied By Financial Institution | 21 | $2,655,000 | $126,000 | $265,000 | $112,000 | $451,000 |
| Application Approved But Not Accepted | 5 | $495,000 | $99,000 | $365,000 | $101,000 | $228,000 |
| 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 | 369 | $61,195,000 | $165,000 | $8,805,000 | $108,000 | $786,000 |
| 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 Bank & Trust Company's 2021 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 & Trust Company'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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with aggregated HMDA statistics today.
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