First Bank & Trust Mortgage Lending & HMDA Data, 2010
In 2010, First Bank & Trust of Sioux Falls, SD reported 1,065 mortgage applications totaling $164.7 million, down 25% from 2009. The average application was for $154,627, and applicants reported an average income of $91,262. 77% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Sioux Falls, SD (762), Sioux City, IA-NE-SD (6) and Minneapolis-St. Paul-Bloomington, MN-WI (3) (applications in parentheses).
| Mortgage Company & Address | First Bank & Trust 110 N. Minnesota Ave Sioux Falls, SD 57104 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 |
| Total Number of Mortgage Applications | 1,065 |
| Total Mortgage Loan Application Amount | $164,678,000 |
| Average Mortgage Loan Application Amount | $154,627 |
| Highest Mortgage Loan Application Amount | $875,000 |
| Average Applicant Income | $91,262 |
| Highest Applicant Income | $3,536,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records First Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Minnehaha, South Dakota | 435 | $ 65,922,000 | $ 151,544 | $ 95,000 |
| Lincoln, South Dakota | 314 | $ 58,392,000 | $ 185,961 | $ 94,000 |
| Codington, South Dakota | 104 | $ 13,200,000 | $ 126,923 | $ 62,000 |
| Lake, South Dakota | 92 | $ 11,161,000 | $ 121,315 | $ 97,000 |
| Deuel, South Dakota | 16 | $ 1,889,000 | $ 118,062 | $ 66,000 |
| Hamlin, South Dakota | 9 | $ 901,000 | $ 100,111 | $ 56,000 |
| Turner, South Dakota | 8 | $ 981,000 | $ 122,625 | $ 116,000 |
| Lyon, Iowa | 7 | $ 866,000 | $ 123,714 | $ 90,000 |
| Rock, Minnesota | 7 | $ 851,000 | $ 121,571 | $ 64,000 |
| Miner, South Dakota | 6 | $ 630,000 | $ 105,000 | $ 109,000 |
| Moody, South Dakota | 6 | $ 1,086,000 | $ 181,000 | $ 70,000 |
| Union, South Dakota | 6 | $ 597,000 | $ 99,500 | $ 42,000 |
| Brookings, South Dakota | 5 | $ 458,000 | $ 91,600 | $ 168,000 |
| McCook, South Dakota | 5 | $ 610,000 | $ 122,000 | $ 48,000 |
| Dickinson, Iowa | 4 | $ 1,122,000 | $ 280,500 | $ 229,000 |
| Grant, South Dakota | 4 | $ 142,000 | $ 35,500 | $ 34,000 |
| Kingsbury, South Dakota | 4 | $ 326,000 | $ 81,500 | $ 50,000 |
| Dakota, Minnesota | 3 | $ 833,000 | $ 277,666 | $ 199,000 |
| Clark, South Dakota | 3 | $ 334,000 | $ 111,333 | $ 60,000 |
| Yankton, South Dakota | 3 | $ 547,000 | $ 182,333 | $ 77,000 |
| Sioux, Iowa | 2 | $ 544,000 | $ 272,000 | $ 219,000 |
| Yellow Medicine, Minnesota | 2 | $ 246,000 | $ 123,000 | $ 83,000 |
| Brown, South Dakota | 2 | $ 133,000 | $ 66,500 | $ 54,000 |
| Lawrence, South Dakota | 2 | $ 335,000 | $ 167,500 | $ 87,000 |
| Itasca, Minnesota | 1 | $ 138,000 | $ 138,000 | $ 30,000 |
| Pipestone, Minnesota | 1 | $ 121,000 | $ 121,000 | $ 45,000 |
| St. Louis, Missouri | 1 | $ 79,000 | $ 79,000 | $ 18,000 |
| Madison, Nebraska | 1 | $ 181,000 | $ 181,000 | $ 67,000 |
| Sarpy, Nebraska | 1 | $ 94,000 | $ 94,000 | $ 48,000 |
| Aurora, South Dakota | 1 | $ 109,000 | $ 109,000 | $ 36,000 |
| Beadle, South Dakota | 1 | $ 137,000 | $ 137,000 | $ 64,000 |
| Custer, South Dakota | 1 | $ 120,000 | $ 120,000 | $ 109,000 |
| Day, South Dakota | 1 | $ 288,000 | $ 288,000 | $ 151,000 |
| Fall River, South Dakota | 1 | $ 23,000 | $ 23,000 | $ 78,000 |
| Hanson, South Dakota | 1 | $ 136,000 | $ 136,000 | $ 111,000 |
| Pennington, South Dakota | 1 | $ 108,000 | $ 108,000 | $ 30,000 |
| Roberts, South Dakota | 1 | $ 72,000 | $ 72,000 | $ 28,000 |
| Salt Lake, Utah | 1 | $ 319,000 | $ 319,000 | $ 210,000 |
| Summit, Utah | 1 | $ 429,000 | $ 429,000 | $ 955,000 |
| Burnett, Wisconsin | 1 | $ 218,000 | $ 218,000 | $ 106,000 |
Mortgage Loan Application Detail Totals for First Bank & Trust in 2010
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 |
|---|---|---|---|---|---|---|
| Refinancing | 511 | $83,609,000 | $163,000 | $682,000 | $105,000 | $3,536,000 |
| Home Purchase | 476 | $73,791,000 | $155,000 | $875,000 | $80,000 | $955,000 |
| Home Improvement | 78 | $7,278,000 | $93,000 | $300,000 | $70,000 | $242,000 |
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 | 1,029 | $159,013,000 | $154,000 | $875,000 | $93,000 | $3,536,000 |
| Not applicable | 11 | $1,393,000 | $126,000 | $249,000 | $0 | $0 |
| Black or African American | 10 | $2,258,000 | $225,000 | $417,000 | $99,000 | $240,000 |
| Hispanic | 8 | $862,000 | $107,000 | $187,000 | $43,000 | $66,000 |
| Asian | 4 | $805,000 | $201,000 | $300,000 | $60,000 | $120,000 |
| Not Provided | 2 | $92,000 | $46,000 | $90,000 | $50,000 | $60,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $255,000 | $255,000 | $255,000 | $90,000 | $90,000 |
| American Indian or Alaskan Native | 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) | 684 | $108,861,000 | $159,000 | $875,000 | $109,000 | $3,536,000 |
| FHA-insured (Federal Housing Administration) | 284 | $41,844,000 | $147,000 | $338,000 | $63,000 | $205,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 49 | $5,937,000 | $121,000 | $251,000 | $40,000 | $86,000 |
| VA-guaranteed (Veterans Administration) | 48 | $8,036,000 | $167,000 | $406,000 | $60,000 | $210,000 |
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 | 824 | $129,116,000 | $156,000 | $875,000 | $98,000 | $3,536,000 |
| Application Approved But Not Accepted | 118 | $19,662,000 | $166,000 | $825,000 | $90,000 | $500,000 |
| Application Denied By Financial Institution | 91 | $11,611,000 | $127,000 | $417,000 | $46,000 | $405,000 |
| Application Withdrawn By Applicant | 32 | $4,289,000 | $134,000 | $417,000 | $57,000 | $240,000 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 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 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First Bank & Trust's 2010 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 First 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.
For a list of all lenders in South Dakota, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About