Dacotah Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Dacotah Bank 2023 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Dacotah Bank 308 S Main Street, Po Box 1210 Aberdeen, SD 57102 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 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 | 661 |
| Total Mortgage Loan Application Amount | $179,345,000 |
| Average Mortgage Loan Application Amount | $168,200 |
| Highest Mortgage Loan Application Amount | $14,705,000 |
| Average Applicant Income | $110,600 |
| Highest Applicant Income | $4,578,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 with Dacotah Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Dacotah Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2023 breaks down Dacotah Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Dacotah Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Dacotah Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Dacotah Bank's mortgage activity for 2023.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Brown County South Dakota | 116 | $ 20,710,000 | $ 178,000 | $ 109,000 |
| Codington County South Dakota | 65 | $ 11,725,000 | $ 180,000 | $ 93,000 |
| Pennington County South Dakota | 46 | $ 17,140,000 | $ 372,000 | $ 225,000 |
| Ward County North Dakota | 32 | $ 5,620,000 | $ 175,000 | $ 118,000 |
| Clark County South Dakota | 29 | $ 3,525,000 | $ 121,000 | $ 76,000 |
| Minnehaha County South Dakota | 29 | $ 5,445,000 | $ 187,000 | $ 114,000 |
| Brookings County South Dakota | 24 | $ 5,540,000 | $ 230,000 | $ 149,000 |
| Stark County North Dakota | 18 | $ 4,150,000 | $ 230,000 | $ 173,000 |
| Day County South Dakota | 18 | $ 2,790,000 | $ 155,000 | $ 87,000 |
| Walworth County South Dakota | 18 | $ 1,750,000 | $ 97,000 | $ 71,000 |
| Roberts County South Dakota | 17 | $ 1,095,000 | $ 64,000 | $ 57,000 |
| Barnes County North Dakota | 16 | $ 1,850,000 | $ 115,000 | $ 428,000 |
| Custer County South Dakota | 16 | $ 5,010,000 | $ 313,000 | $ 152,000 |
| Edmunds County South Dakota | 14 | $ 2,570,000 | $ 183,000 | $ 111,000 |
| Lawrence County South Dakota | 13 | $ 5,335,000 | $ 410,000 | $ 340,000 |
| Rolette County North Dakota | 10 | $ 1,240,000 | $ 124,000 | $ 74,000 |
| Stevens County Minnesota | 9 | $ 1,915,000 | $ 212,000 | $ 103,000 |
| Lincoln County South Dakota | 9 | $ 1,395,000 | $ 155,000 | $ 121,000 |
| Marshall County South Dakota | 9 | $ 2,105,000 | $ 233,000 | $ 89,000 |
| Meade County South Dakota | 9 | $ 3,505,000 | $ 389,000 | $ 156,000 |
| Faulk County South Dakota | 8 | $ 610,000 | $ 76,000 | $ 115,000 |
| Hamlin County South Dakota | 8 | $ 1,610,000 | $ 201,000 | $ 107,000 |
| Perkins County South Dakota | 8 | $ 1,140,000 | $ 142,000 | $ 83,000 |
| Stutsman County North Dakota | 7 | $ 875,000 | $ 125,000 | $ 61,000 |
| Adams County North Dakota | 6 | $ 1,520,000 | $ 253,000 | $ 142,000 |
| Deuel County South Dakota | 6 | $ 690,000 | $ 115,000 | $ 87,000 |
| Fall River County South Dakota | 6 | $ 1,030,000 | $ 171,000 | $ 127,000 |
| Burke County North Dakota | 4 | $ 390,000 | $ 97,000 | $ 107,000 |
| Burleigh County North Dakota | 4 | $ 1,260,000 | $ 315,000 | $ 119,000 |
| Spink County South Dakota | 4 | $ 740,000 | $ 185,000 | $ 73,000 |
| Cass County North Dakota | 3 | $ 1,405,000 | $ 468,000 | $ 270,000 |
| Dunn County North Dakota | 3 | $ 225,000 | $ 75,000 | $ 136,000 |
| Grand Forks County North Dakota | 3 | $ 15,405,000 | $ 5,135,000 | $ 144,000 |
| McLean County North Dakota | 3 | $ 695,000 | $ 231,000 | $ 80,000 |
| Mercer County North Dakota | 3 | $ 965,000 | $ 321,000 | $ 189,000 |
| Butte County South Dakota | 3 | $ 405,000 | $ 135,000 | $ 83,000 |
| Clay County South Dakota | 3 | $ 535,000 | $ 178,000 | $ 136,000 |
| Lake County South Dakota | 3 | $ 285,000 | $ 95,000 | $ 98,000 |
| Moody County South Dakota | 3 | $ 485,000 | $ 161,000 | $ 65,000 |
| Sumter County Florida | 2 | $ 770,000 | $ 385,000 | $ 152,000 |
| Beltrami County Minnesota | 2 | $ 440,000 | $ 220,000 | $ 58,000 |
| Clay County Minnesota | 2 | $ 460,000 | $ 230,000 | $ 94,000 |
| Grant County Minnesota | 2 | $ 120,000 | $ 60,000 | $ 51,000 |
| Hennepin County Minnesota | 2 | $ 1,400,000 | $ 700,000 | $ 908,000 |
| Pope County Minnesota | 2 | $ 790,000 | $ 395,000 | $ 147,000 |
| Bottineau County North Dakota | 2 | $ 610,000 | $ 305,000 | $ 260,000 |
| Morton County North Dakota | 2 | $ 12,140,000 | $ 6,070,000 | $ 49,000 |
| Bennett County South Dakota | 2 | $ 290,000 | $ 145,000 | $ 60,000 |
| Campbell County South Dakota | 2 | $ 310,000 | $ 155,000 | $ 126,000 |
| Hughes County South Dakota | 2 | $ 540,000 | $ 270,000 | $ 116,000 |
| Kingsbury County South Dakota | 2 | $ 280,000 | $ 140,000 | $ 212,000 |
| McPherson County South Dakota | 2 | $ 370,000 | $ 185,000 | $ 191,000 |
| Los Angeles County California | 1 | $ 1,085,000 | $ 1,085,000 | $ 550,000 |
| Orange County California | 1 | $ 275,000 | $ 275,000 | $ 550,000 |
| Larimer County Colorado | 1 | $ 1,045,000 | $ 1,045,000 | $ 0 |
| Chatham County Georgia | 1 | $ 535,000 | $ 535,000 | $ 287,000 |
| Big Stone County Minnesota | 1 | $ 155,000 | $ 155,000 | $ 225,000 |
| Crow Wing County Minnesota | 1 | $ 435,000 | $ 435,000 | $ 176,000 |
| Hubbard County Minnesota | 1 | $ 635,000 | $ 635,000 | $ 642,000 |
| Lincoln County Minnesota | 1 | $ 95,000 | $ 95,000 | $ 73,000 |
| Pipestone County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 43,000 |
| Wright County Minnesota | 1 | $ 355,000 | $ 355,000 | $ 220,000 |
| Flathead County Montana | 1 | $ 455,000 | $ 455,000 | $ 827,000 |
| Polk County Nebraska | 1 | $ 285,000 | $ 285,000 | $ 102,000 |
| Washington County Nebraska | 1 | $ 305,000 | $ 305,000 | $ 225,000 |
| Buncombe County North Carolina | 1 | $ 725,000 | $ 725,000 | $ 1,277,000 |
| Bowman County North Dakota | 1 | $ 85,000 | $ 85,000 | $ 39,000 |
| Griggs County North Dakota | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Ransom County North Dakota | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Renville County North Dakota | 1 | $ 385,000 | $ 385,000 | $ 1,173,000 |
| Towner County North Dakota | 1 | $ 35,000 | $ 35,000 | $ 75,000 |
| Beaufort County South Carolina | 1 | $ 2,505,000 | $ 2,505,000 | $ 700,000 |
| Dewey County South Dakota | 1 | $ 65,000 | $ 65,000 | $ 52,000 |
| Grant County South Dakota | 1 | $ 5,915,000 | $ 5,915,000 | $ 0 |
| Haakon County South Dakota | 1 | $ 155,000 | $ 155,000 | $ 42,000 |
| Hanson County South Dakota | 1 | $ 245,000 | $ 245,000 | $ 178,000 |
| McCook County South Dakota | 1 | $ 45,000 | $ 45,000 | $ 38,000 |
| Tripp County South Dakota | 1 | $ 45,000 | $ 45,000 | $ 60,000 |
| Turner County South Dakota | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Yankton County South Dakota | 1 | $ 275,000 | $ 275,000 | $ 127,000 |
| Outagamie County Wisconsin | 1 | $ 9,255,000 | $ 9,255,000 | $ 0 |
Mortgage Loan Application Detail Totals for Dacotah Bank in 2023
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 | 442 | $150,160,000 | $339,000 | $14,705,000 | $162,000 | $4,578,000 |
| Refinancing | 85 | $18,645,000 | $219,000 | $3,105,000 | $97,000 | $228,000 |
| Home Improvement | 67 | $3,135,000 | $46,000 | $225,000 | $90,000 | $282,000 |
| Other Purpose | 44 | $4,060,000 | $92,000 | $755,000 | $126,000 | $1,543,000 |
| Cash-out Refinancing | 23 | $3,345,000 | $145,000 | $405,000 | $78,000 | $297,000 |
| 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 | 525 | $105,285,000 | $200,000 | $2,505,000 | $137,000 | $4,578,000 |
| Not applicable | 71 | $59,205,000 | $833,000 | $14,705,000 | $0 | $0 |
| Not Provided | 28 | $7,570,000 | $270,000 | $1,085,000 | $228,000 | $1,277,000 |
| American Indian or Alaskan Native | 22 | $3,560,000 | $161,000 | $1,285,000 | $118,000 | $600,000 |
| Asian | 8 | $1,490,000 | $186,000 | $445,000 | $89,000 | $220,000 |
| Hispanic | 4 | $580,000 | $145,000 | $185,000 | $70,000 | $101,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Black or African American | 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) | 598 | $166,520,000 | $278,000 | $14,705,000 | $149,000 | $4,578,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 24 | $3,510,000 | $146,000 | $235,000 | $65,000 | $103,000 |
| FHA-insured (Federal Housing Administration) | 23 | $4,745,000 | $206,000 | $475,000 | $72,000 | $226,000 |
| VA-guaranteed (Veterans Administration) | 16 | $4,570,000 | $285,000 | $455,000 | $105,000 | $218,000 |
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 | 553 | $158,575,000 | $286,000 | $14,705,000 | $146,000 | $4,578,000 |
| Application Approved But Not Accepted | 74 | $16,610,000 | $224,000 | $1,315,000 | $136,000 | $1,277,000 |
| Application Denied By Financial Institution | 33 | $3,355,000 | $101,000 | $255,000 | $79,000 | $276,000 |
| Loan Purchased By The Institution | 1 | $805,000 | $805,000 | $805,000 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Withdrawn By Applicant | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 | 628 | $175,990,000 | $280,000 | $14,705,000 | $145,000 | $4,578,000 |
| Debt-To-Income Ratio | 13 | $1,435,000 | $110,000 | $195,000 | $73,000 | $276,000 |
| Credit History | 11 | $755,000 | $68,000 | $205,000 | $62,000 | $154,000 |
| Collateral | 6 | $890,000 | $148,000 | $255,000 | $110,000 | $246,000 |
| Other | 2 | $240,000 | $120,000 | $205,000 | $109,000 | $146,000 |
| Unverifiable Information | 1 | $35,000 | $35,000 | $35,000 | $0 | $0 |
| Credit Application Incomplete | 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 Dacotah Bank's 2023 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 Dacotah 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.
For a list of all lenders in South Dakota, download the full spreadsheet
with aggregated HMDA statistics today.