Blackhawk Bank & Trust Mortgage Lending & HMDA Data, 2025
In 2025, Blackhawk Bank & Trust of Milan, IL reported 285 mortgage applications totaling $51.8 million, up 4% from 2024. The average application was for $181,631, and applicants reported an average income of $150,519. 74% of its applications resulted in an originated loan and 11% were denied. Its largest markets were Davenport-Moline-Rock Island, IA-IL (257), Elgin, IL (5) and Lake County-Kenosha County, IL-WI (1) (applications in parentheses).
| Mortgage Company & Address | Blackhawk Bank & Trust 301 4th Street West Milan, IL 61264 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 | 285 |
| Total Mortgage Loan Application Amount | $51,765,000 |
| Average Mortgage Loan Application Amount | $181,631 |
| Highest Mortgage Loan Application Amount | $4,615,000 |
| Average Applicant Income | $150,519 |
| Highest Applicant Income | $4,688,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Blackhawk Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Davenport-Moline-Rock Island, IA-IL | 257 | $ 42,145,000 | $ 163,988 | $ 131,256 |
| Outside any metro area | 21 | $ 6,905,000 | $ 328,809 | $ 143,428 |
| Elgin, IL | 5 | $ 1,995,000 | $ 399,000 | $ 1,253,000 |
| Lake County-Kenosha County, IL-WI | 1 | $ 605,000 | $ 605,000 | $ 0 |
| Rockford, IL | 1 | $ 115,000 | $ 115,000 | $ 0 |
Mortgage Loan Application Detail Totals for Blackhawk Bank & Trust in 2025
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 | 185 | $37,405,000 | $202,000 | $4,615,000 | $111,000 | $985,000 |
| Refinancing | 41 | $7,565,000 | $184,000 | $805,000 | $353,000 | $4,688,000 |
| Cash-out Refinancing | 36 | $5,410,000 | $150,000 | $1,015,000 | $173,000 | $1,175,000 |
| Home Improvement | 14 | $970,000 | $69,000 | $235,000 | $93,000 | $357,000 |
| Other Purpose | 9 | $415,000 | $46,000 | $205,000 | $40,000 | $62,000 |
| 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 | 154 | $21,910,000 | $142,000 | $805,000 | $168,000 | $4,688,000 |
| Not applicable | 97 | $24,625,000 | $253,000 | $4,615,000 | $0 | $0 |
| Hispanic | 14 | $2,230,000 | $159,000 | $625,000 | $100,000 | $200,000 |
| Black or African American | 12 | $1,480,000 | $123,000 | $275,000 | $83,000 | $311,000 |
| Not Provided | 5 | $1,045,000 | $209,000 | $295,000 | $127,000 | $213,000 |
| Asian | 2 | $290,000 | $145,000 | $185,000 | $90,000 | $101,000 |
| American Indian or Alaskan Native | 1 | $185,000 | $185,000 | $185,000 | $110,000 | $110,000 |
| 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) | 285 | $51,765,000 | $181,000 | $4,615,000 | $156,000 | $4,688,000 |
| 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 | 210 | $36,150,000 | $172,000 | $1,385,000 | $179,000 | $4,688,000 |
| Application Withdrawn By Applicant | 43 | $6,825,000 | $158,000 | $625,000 | $158,000 | $1,175,000 |
| Application Denied By Financial Institution | 30 | $8,140,000 | $271,000 | $4,615,000 | $60,000 | $250,000 |
| Application Approved But Not Accepted | 2 | $650,000 | $325,000 | $575,000 | $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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 285 | $51,765,000 | $181,000 | $4,615,000 | $156,000 | $4,688,000 |
| 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 Blackhawk Bank & Trust's 2025 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 Blackhawk 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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with aggregated HMDA statistics today.
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