Bankers' Bank Mortgage Lending & HMDA Data, 2022

In 2022, Bankers' Bank of Madison, WI reported 882 mortgage applications totaling $162.7 million, down 60% from 2021. The average application was for $184,489, and applicants reported an average income of $96,123. 68% of its applications resulted in an originated loan and 11% were denied. Its largest markets were Sheboygan, WI (81), St. Louis, MO-IL (61) and Omaha-Council Bluffs, NE-IA (43) (applications in parentheses).

Mortgage Company & Address Bankers' Bank
7700 Mineral Point Road
Madison, WI 53717
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  
Total Number of Mortgage Applications 882
Total Mortgage Loan Application Amount $162,720,000
Average Mortgage Loan Application Amount $184,489
Highest Mortgage Loan Application Amount $665,000
Average Applicant Income $96,123
Highest Applicant Income $6,900,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Bankers' Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Bankers' Bank by County in 2022

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Sheboygan, Wisconsin 81 $ 18,025,000 $ 222,530 $ 93,000
Burnett, Wisconsin 34 $ 8,210,000 $ 241,470 $ 105,000
Gogebic, Michigan 33 $ 3,145,000 $ 95,303 $ 60,000
Ashland, Wisconsin 31 $ 4,365,000 $ 140,806 $ 72,000
Carroll, Iowa 28 $ 4,110,000 $ 146,785 $ 111,000
St. Clair, Illinois 26 $ 4,560,000 $ 175,384 $ 103,000
Harrison, Iowa 19 $ 4,025,000 $ 211,842 $ 90,000
Marinette, Wisconsin 19 $ 3,075,000 $ 161,842 $ 91,000
Barron, Wisconsin 18 $ 3,840,000 $ 213,333 $ 89,000
Portage, Wisconsin 17 $ 3,175,000 $ 186,764 $ 97,000
Pottawattamie, Iowa 16 $ 3,120,000 $ 195,000 $ 84,000
Bayfield, Wisconsin 16 $ 3,020,000 $ 188,750 $ 90,000
Dodge, Wisconsin 16 $ 2,560,000 $ 160,000 $ 77,000
Fond du Lac, Wisconsin 16 $ 3,300,000 $ 206,250 $ 89,000
Rock, Wisconsin 16 $ 2,480,000 $ 155,000 $ 112,000
Washburn, Wisconsin 15 $ 2,925,000 $ 195,000 $ 68,000
Sawyer, Wisconsin 14 $ 4,520,000 $ 322,857 $ 87,000
Cerro Gordo, Iowa 12 $ 2,200,000 $ 183,333 $ 93,000
Polk, Wisconsin 12 $ 3,190,000 $ 265,833 $ 105,000
Carroll, Illinois 11 $ 1,225,000 $ 111,363 $ 82,000
Marion, Illinois 11 $ 1,435,000 $ 130,454 $ 115,000
Dickinson, Iowa 11 $ 3,025,000 $ 275,000 $ 112,000
Ontonagon, Michigan 11 $ 1,425,000 $ 129,545 $ 70,000
Iron, Wisconsin 11 $ 1,345,000 $ 122,272 $ 54,000
Ozaukee, Wisconsin 11 $ 2,645,000 $ 240,454 $ 96,000
Washington, Wisconsin 10 $ 2,650,000 $ 265,000 $ 86,000
Clinton, Illinois 9 $ 1,345,000 $ 149,444 $ 92,000
Madison, Illinois 9 $ 1,525,000 $ 169,444 $ 84,000
Logan, Illinois 8 $ 1,430,000 $ 178,750 $ 108,000
Stephenson, Illinois 8 $ 850,000 $ 106,250 $ 51,000
Chickasaw, Iowa 8 $ 1,210,000 $ 151,250 $ 72,000
McLean, Illinois 7 $ 625,000 $ 89,285 $ 67,000
Monroe, Illinois 6 $ 1,340,000 $ 223,333 $ 87,000
Union, Illinois 6 $ 750,000 $ 125,000 $ 68,000
Noble, Indiana 6 $ 1,120,000 $ 186,666 $ 101,000
Guthrie, Iowa 6 $ 1,300,000 $ 216,666 $ 94,000
Palo Alto, Iowa 6 $ 1,090,000 $ 181,666 $ 97,000
Franklin, Kansas 6 $ 980,000 $ 163,333 $ 81,000
Eau Claire, Wisconsin 6 $ 1,000,000 $ 166,666 $ 100,000
Macoupin, Illinois 5 $ 495,000 $ 99,000 $ 63,000
Whiteside, Illinois 5 $ 775,000 $ 155,000 $ 73,000
Clay, Iowa 5 $ 675,000 $ 135,000 $ 91,000
Pocahontas, Iowa 5 $ 555,000 $ 111,000 $ 64,000
Sedgwick, Kansas 5 $ 855,000 $ 171,000 $ 72,000
Dane, Wisconsin 5 $ 1,345,000 $ 269,000 $ 111,000
Jefferson, Illinois 4 $ 440,000 $ 110,000 $ 78,000
Warren, Illinois 4 $ 480,000 $ 120,000 $ 44,000
Henry, Indiana 4 $ 550,000 $ 137,500 $ 59,000
Buena Vista, Iowa 4 $ 630,000 $ 157,500 $ 94,000
Worth, Iowa 4 $ 690,000 $ 172,500 $ 76,000
Wilson, Kansas 4 $ 250,000 $ 62,500 $ 36,000
St. Louis, Missouri 4 $ 720,000 $ 180,000 $ 44,000
Sarpy, Nebraska 4 $ 1,000,000 $ 250,000 $ 155,000
Juneau, Wisconsin 4 $ 570,000 $ 142,500 $ 47,000
Oconto, Wisconsin 4 $ 1,130,000 $ 282,500 $ 71,000
Vilas, Wisconsin 4 $ 1,100,000 $ 275,000 $ 72,000
Wood, Wisconsin 4 $ 790,000 $ 197,500 $ 81,000
Tazewell, Illinois 3 $ 615,000 $ 205,000 $ 124,000
Benton, Indiana 3 $ 335,000 $ 111,666 $ 32,000
White, Indiana 3 $ 535,000 $ 178,333 $ 91,000
Calhoun, Iowa 3 $ 865,000 $ 288,333 $ 169,000
Hancock, Iowa 3 $ 415,000 $ 138,333 $ 112,000
Henry, Iowa 3 $ 315,000 $ 105,000 $ 46,000
Madison, Iowa 3 $ 595,000 $ 198,333 $ 69,000
Mitchell, Iowa 3 $ 775,000 $ 258,333 $ 69,000
O'Brien, Iowa 3 $ 485,000 $ 161,666 $ 82,000
Chautauqua, Kansas 3 $ 285,000 $ 95,000 $ 77,000
Finney, Kansas 3 $ 645,000 $ 215,000 $ 86,000
McPherson, Kansas 3 $ 505,000 $ 168,333 $ 68,000
Hennepin, Minnesota 3 $ 1,385,000 $ 461,666 $ 2,475,000
Buffalo, Wisconsin 3 $ 835,000 $ 278,333 $ 88,000
Calumet, Wisconsin 3 $ 755,000 $ 251,666 $ 88,000
Columbia, Wisconsin 3 $ 845,000 $ 281,666 $ 104,000
Forest, Wisconsin 3 $ 415,000 $ 138,333 $ 80,000
Manitowoc, Wisconsin 3 $ 735,000 $ 245,000 $ 92,000
Rusk, Wisconsin 3 $ 715,000 $ 238,333 $ 50,000
Trempealeau, Wisconsin 3 $ 545,000 $ 181,666 $ 42,000
Ford, Illinois 2 $ 360,000 $ 180,000 $ 73,000
Iroquois, Illinois 2 $ 280,000 $ 140,000 $ 95,000
LaSalle, Illinois 2 $ 210,000 $ 105,000 $ 60,000
Lee, Illinois 2 $ 230,000 $ 115,000 $ 42,000
Livingston, Illinois 2 $ 310,000 $ 155,000 $ 78,000
Ogle, Illinois 2 $ 330,000 $ 165,000 $ 105,000
Washington, Illinois 2 $ 390,000 $ 195,000 $ 107,000
DeKalb, Indiana 2 $ 300,000 $ 150,000 $ 50,000
Pulaski, Indiana 2 $ 260,000 $ 130,000 $ 89,000
Rush, Indiana 2 $ 310,000 $ 155,000 $ 45,000
Warren, Indiana 2 $ 140,000 $ 70,000 $ 57,000
Cherokee, Iowa 2 $ 210,000 $ 105,000 $ 41,000
Crawford, Iowa 2 $ 390,000 $ 195,000 $ 94,000
Des Moines, Iowa 2 $ 140,000 $ 70,000 $ 49,000
Fayette, Iowa 2 $ 360,000 $ 180,000 $ 79,000
Greene, Iowa 2 $ 240,000 $ 120,000 $ 41,000
Howard, Iowa 2 $ 310,000 $ 155,000 $ 41,000
Mills, Iowa 2 $ 590,000 $ 295,000 $ 191,000
Osceola, Iowa 2 $ 330,000 $ 165,000 $ 50,000
Winnebago, Iowa 2 $ 140,000 $ 70,000 $ 85,000
Douglas, Kansas 2 $ 570,000 $ 285,000 $ 392,000
Menominee, Michigan 2 $ 340,000 $ 170,000 $ 101,000
Murray, Minnesota 2 $ 430,000 $ 215,000 $ 142,000
Wabasha, Minnesota 2 $ 140,000 $ 70,000 $ 41,000
Brown, Wisconsin 2 $ 190,000 $ 95,000 $ 88,000
Grant, Wisconsin 2 $ 300,000 $ 150,000 $ 48,000
Marathon, Wisconsin 2 $ 380,000 $ 190,000 $ 91,000
Milwaukee, Wisconsin 2 $ 400,000 $ 200,000 $ 68,000
Sauk, Wisconsin 2 $ 250,000 $ 125,000 $ 50,000
St. Croix, Wisconsin 2 $ 600,000 $ 300,000 $ 147,000
Waupaca, Wisconsin 2 $ 510,000 $ 255,000 $ 123,000
Waushara, Wisconsin 2 $ 540,000 $ 270,000 $ 216,000
Adams, Illinois 1 $ 135,000 $ 135,000 $ 130,000
Cook, Illinois 1 $ 105,000 $ 105,000 $ 115,000
Fulton, Illinois 1 $ 295,000 $ 295,000 $ 95,000
Jackson, Illinois 1 $ 205,000 $ 205,000 $ 22,000
Jo Daviess, Illinois 1 $ 125,000 $ 125,000 $ 48,000
Macon, Illinois 1 $ 75,000 $ 75,000 $ 44,000
Mason, Illinois 1 $ 35,000 $ 35,000 $ 30,000
McDonough, Illinois 1 $ 75,000 $ 75,000 $ 72,000
Mercer, Illinois 1 $ 175,000 $ 175,000 $ 105,000
Montgomery, Illinois 1 $ 165,000 $ 165,000 $ 120,000
Shelby, Illinois 1 $ 95,000 $ 95,000 $ 0
Wayne, Illinois 1 $ 305,000 $ 305,000 $ 203,000
Williamson, Illinois 1 $ 75,000 $ 75,000 $ 85,000
Woodford, Illinois 1 $ 305,000 $ 305,000 $ 112,000
Allen, Indiana 1 $ 45,000 $ 45,000 $ 65,000
Carroll, Indiana 1 $ 165,000 $ 165,000 $ 65,000
Elkhart, Indiana 1 $ 215,000 $ 215,000 $ 88,000
Hendricks, Indiana 1 $ 405,000 $ 405,000 $ 93,000
Jackson, Indiana 1 $ 95,000 $ 95,000 $ 45,000
Jefferson, Indiana 1 $ 185,000 $ 185,000 $ 87,000
Marshall, Indiana 1 $ 255,000 $ 255,000 $ 152,000
Newton, Indiana 1 $ 85,000 $ 85,000 $ 46,000
Ripley, Indiana 1 $ 265,000 $ 265,000 $ 70,000
St. Joseph, Indiana 1 $ 185,000 $ 185,000 $ 48,000
Starke, Indiana 1 $ 165,000 $ 165,000 $ 103,000
Tippecanoe, Indiana 1 $ 75,000 $ 75,000 $ 106,000
Wayne, Indiana 1 $ 95,000 $ 95,000 $ 46,000
Wells, Indiana 1 $ 125,000 $ 125,000 $ 62,000
Audubon, Iowa 1 $ 75,000 $ 75,000 $ 41,000
Black Hawk, Iowa 1 $ 145,000 $ 145,000 $ 62,000
Boone, Iowa 1 $ 175,000 $ 175,000 $ 68,000
Bremer, Iowa 1 $ 105,000 $ 105,000 $ 74,000
Dallas, Iowa 1 $ 135,000 $ 135,000 $ 48,000
Fremont, Iowa 1 $ 95,000 $ 95,000 $ 71,000
Humboldt, Iowa 1 $ 245,000 $ 245,000 $ 69,000
Iowa, Iowa 1 $ 115,000 $ 115,000 $ 72,000
Jasper, Iowa 1 $ 265,000 $ 265,000 $ 94,000
Johnson, Iowa 1 $ 235,000 $ 235,000 $ 72,000
Louisa, Iowa 1 $ 175,000 $ 175,000 $ 133,000
Montgomery, Iowa 1 $ 65,000 $ 65,000 $ 21,000
Polk, Iowa 1 $ 195,000 $ 195,000 $ 133,000
Crawford, Kansas 1 $ 505,000 $ 505,000 $ 285,000
Pottawatomie, Kansas 1 $ 305,000 $ 305,000 $ 140,000
Saline, Kansas 1 $ 155,000 $ 155,000 $ 85,000
Sumner, Kansas 1 $ 55,000 $ 55,000 $ 47,000
Thomas, Kansas 1 $ 175,000 $ 175,000 $ 161,000
Keweenaw, Michigan 1 $ 325,000 $ 325,000 $ 239,000
Macomb, Michigan 1 $ 605,000 $ 605,000 $ 218,000
Anoka, Minnesota 1 $ 355,000 $ 355,000 $ 41,000
Dakota, Minnesota 1 $ 405,000 $ 405,000 $ 187,000
Freeborn, Minnesota 1 $ 95,000 $ 95,000 $ 24,000
Ramsey, Minnesota 1 $ 225,000 $ 225,000 $ 79,000
St. Louis, Minnesota 1 $ 165,000 $ 165,000 $ 74,000
St. Charles, Missouri 1 $ 165,000 $ 165,000 $ 96,000
St. Louis City, Missouri 1 $ 355,000 $ 355,000 $ 275,000
Ste. Genevieve, Missouri 1 $ 175,000 $ 175,000 $ 64,000
Douglas, Nebraska 1 $ 305,000 $ 305,000 $ 80,000
Washington, Nebraska 1 $ 125,000 $ 125,000 $ 45,000
Yankton, South Dakota 1 $ 135,000 $ 135,000 $ 44,000
Chippewa, Wisconsin 1 $ 85,000 $ 85,000 $ 83,000
Clark, Wisconsin 1 $ 75,000 $ 75,000 $ 46,000
Douglas, Wisconsin 1 $ 135,000 $ 135,000 $ 92,000
Green, Wisconsin 1 $ 305,000 $ 305,000 $ 115,000
Jefferson, Wisconsin 1 $ 385,000 $ 385,000 $ 192,000
Langlade, Wisconsin 1 $ 405,000 $ 405,000 $ 114,000
Lincoln, Wisconsin 1 $ 225,000 $ 225,000 $ 85,000
Monroe, Wisconsin 1 $ 115,000 $ 115,000 $ 70,000
Outagamie, Wisconsin 1 $ 205,000 $ 205,000 $ 166,000
Pepin, Wisconsin 1 $ 185,000 $ 185,000 $ 98,000
Pierce, Wisconsin 1 $ 185,000 $ 185,000 $ 36,000
Richland, Wisconsin 1 $ 225,000 $ 225,000 $ 64,000
Vernon, Wisconsin 1 $ 205,000 $ 205,000 $ 47,000
Walworth, Wisconsin 1 $ 305,000 $ 305,000 $ 124,000
Winnebago, Wisconsin 1 $ 205,000 $ 205,000 $ 41,000

Mortgage Loan Application Detail Totals for Bankers' Bank 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 558 $106,900,000 $191,000 $645,000 $96,000 $6,900,000
Refinancing 170 $31,790,000 $187,000 $665,000 $99,000 $988,000
Cash-out Refinancing 142 $22,340,000 $157,000 $525,000 $94,000 $491,000
Other Purpose 9 $1,325,000 $147,000 $345,000 $89,000 $185,000
Home Improvement 3 $365,000 $121,000 $175,000 $78,000 $94,000
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 810 $149,870,000 $185,000 $665,000 $97,000 $6,900,000
Not Provided 45 $8,465,000 $188,000 $645,000 $95,000 $285,000
Hispanic 15 $2,225,000 $148,000 $255,000 $72,000 $244,000
Black or African American 6 $550,000 $91,000 $175,000 $51,000 $72,000
American Indian or Alaskan Native 3 $535,000 $178,000 $215,000 $68,000 $88,000
Asian 2 $710,000 $355,000 $565,000 $145,000 $230,000
Native Hawaiian or Other Pacific Islander 1 $365,000 $365,000 $365,000 $150,000 $150,000
Not applicable 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) 819 $153,915,000 $187,000 $665,000 $99,000 $6,900,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 52 $6,580,000 $126,000 $265,000 $49,000 $91,000
VA-guaranteed (Veterans Administration) 11 $2,225,000 $202,000 $375,000 $79,000 $267,000
FHA-insured (Federal Housing 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 599 $112,625,000 $188,000 $665,000 $92,000 $988,000
Application Withdrawn By Applicant 141 $24,555,000 $174,000 $585,000 $135,000 $6,900,000
Application Denied By Financial Institution 96 $17,010,000 $177,000 $525,000 $60,000 $239,000
File Closed For Incompleteness 33 $5,275,000 $159,000 $605,000 $80,000 $344,000
Application Approved But Not Accepted 13 $3,255,000 $250,000 $565,000 $134,000 $491,000
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 786 $145,710,000 $185,000 $665,000 $100,000 $6,900,000
Debt-To-Income Ratio 33 $7,185,000 $217,000 $525,000 $62,000 $204,000
Collateral 25 $4,885,000 $195,000 $485,000 $82,000 $239,000
Credit History 19 $2,115,000 $111,000 $215,000 $57,000 $128,000
Employment History 11 $1,575,000 $143,000 $205,000 $11,000 $49,000
Other 6 $930,000 $155,000 $265,000 $66,000 $96,000
Insufficient Cash (Downpayment, Closing Cost) 2 $320,000 $160,000 $195,000 $64,000 $89,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Bankers' Bank'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 Bankers' Bank'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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