First Bank & Trust Mortgage Lending & HMDA Data, 2025
In 2025, First Bank & Trust of Brookings, SD reported 1,870 mortgage applications totaling $418.6 million, down 4% from 2024. The average application was for $223,844, and applicants reported an average income of $156,893. 70% of its applications resulted in an originated loan and 12% were denied. Its largest markets were Sioux Falls, SD (583), Minneapolis-St. Paul-Bloomington, MN-WI (295) and Sioux City, IA-NE-SD (10) (applications in parentheses).
| Mortgage Company & Address | First Bank & Trust 520 6th Street Brookings, SD 57006 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2012 2011 2010 2009 2008 2007 2006 2005 2004 |
| Total Number of Mortgage Applications | 1,870 |
| Total Mortgage Loan Application Amount | $418,590,000 |
| Average Mortgage Loan Application Amount | $223,844 |
| Highest Mortgage Loan Application Amount | $12,435,000 |
| Average Applicant Income | $156,893 |
| Highest Applicant Income | $6,007,000 |
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Act (HMDA) records First Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 | 363 | $ 93,445,000 | $ 257,424 | $ 189,000 |
| Brookings, South Dakota | 296 | $ 72,900,000 | $ 246,283 | $ 176,000 |
| Lincoln, South Dakota | 191 | $ 45,185,000 | $ 236,570 | $ 177,000 |
| Codington, South Dakota | 108 | $ 19,190,000 | $ 177,685 | $ 125,000 |
| Pipestone, Minnesota | 96 | $ 12,190,000 | $ 126,979 | $ 148,000 |
| Grant, South Dakota | 96 | $ 14,250,000 | $ 148,437 | $ 91,000 |
| Hennepin, Minnesota | 47 | $ 15,285,000 | $ 325,212 | $ 206,000 |
| Scott, Minnesota | 47 | $ 8,415,000 | $ 179,042 | $ 170,000 |
| Isanti, Minnesota | 45 | $ 8,275,000 | $ 183,888 | $ 154,000 |
| Lake, South Dakota | 45 | $ 8,155,000 | $ 181,222 | $ 148,000 |
| Deuel, South Dakota | 31 | $ 6,535,000 | $ 210,806 | $ 124,000 |
| Clay, South Dakota | 27 | $ 4,035,000 | $ 149,444 | $ 154,000 |
| Kingsbury, South Dakota | 26 | $ 3,870,000 | $ 148,846 | $ 91,000 |
| Anoka, Minnesota | 23 | $ 2,955,000 | $ 128,478 | $ 114,000 |
| Hamlin, South Dakota | 23 | $ 3,835,000 | $ 166,739 | $ 103,000 |
| Sherburne, Minnesota | 22 | $ 4,760,000 | $ 216,363 | $ 115,000 |
| Le Sueur, Minnesota | 21 | $ 2,545,000 | $ 121,190 | $ 109,000 |
| Roberts, South Dakota | 21 | $ 4,335,000 | $ 206,428 | $ 142,000 |
| Dakota, Minnesota | 20 | $ 4,510,000 | $ 225,500 | $ 117,000 |
| Mille Lacs, Minnesota | 19 | $ 3,285,000 | $ 172,894 | $ 119,000 |
| Lyon, Iowa | 18 | $ 3,520,000 | $ 195,555 | $ 79,000 |
| Lincoln, Minnesota | 18 | $ 2,650,000 | $ 147,222 | $ 111,000 |
| Ramsey, Minnesota | 17 | $ 8,955,000 | $ 526,764 | $ 137,000 |
| Washington, Minnesota | 15 | $ 5,755,000 | $ 383,666 | $ 138,000 |
| Moody, South Dakota | 15 | $ 2,755,000 | $ 183,666 | $ 123,000 |
| Big Stone, Minnesota | 12 | $ 2,330,000 | $ 194,166 | $ 130,000 |
| McCook, South Dakota | 10 | $ 2,320,000 | $ 232,000 | $ 94,000 |
| Turner, South Dakota | 10 | $ 2,680,000 | $ 268,000 | $ 140,000 |
| Union, South Dakota | 10 | $ 1,740,000 | $ 174,000 | $ 145,000 |
| Murray, Minnesota | 9 | $ 1,915,000 | $ 212,777 | $ 107,000 |
| Rock, Minnesota | 9 | $ 2,285,000 | $ 253,888 | $ 109,000 |
| Davison, South Dakota | 8 | $ 1,590,000 | $ 198,750 | $ 123,000 |
| Carver, Minnesota | 6 | $ 3,730,000 | $ 621,666 | $ 211,000 |
| Stearns, Minnesota | 6 | $ 910,000 | $ 151,666 | $ 285,000 |
| Wright, Minnesota | 6 | $ 1,840,000 | $ 306,666 | $ 115,000 |
| Chisago, Minnesota | 5 | $ 1,215,000 | $ 243,000 | $ 94,000 |
| Goodhue, Minnesota | 5 | $ 1,035,000 | $ 207,000 | $ 88,000 |
| Lyon, Minnesota | 4 | $ 370,000 | $ 92,500 | $ 122,000 |
| Sioux, Iowa | 3 | $ 605,000 | $ 201,666 | $ 113,000 |
| Cass, Minnesota | 3 | $ 2,245,000 | $ 748,333 | $ 890,000 |
| Hubbard, Minnesota | 3 | $ 1,415,000 | $ 471,666 | $ 149,000 |
| Kanabec, Minnesota | 3 | $ 505,000 | $ 168,333 | $ 71,000 |
| Rice, Minnesota | 3 | $ 565,000 | $ 188,333 | $ 132,000 |
| Clark, South Dakota | 3 | $ 425,000 | $ 141,666 | $ 54,000 |
| Day, South Dakota | 3 | $ 1,505,000 | $ 501,666 | $ 154,000 |
| Hanson, South Dakota | 3 | $ 845,000 | $ 281,666 | $ 86,000 |
| Hughes, South Dakota | 3 | $ 655,000 | $ 218,333 | $ 159,000 |
| Hutchinson, South Dakota | 3 | $ 495,000 | $ 165,000 | $ 83,000 |
| Pennington, South Dakota | 3 | $ 445,000 | $ 148,333 | $ 126,000 |
| Stanley, South Dakota | 3 | $ 545,000 | $ 181,666 | $ 72,000 |
| Sully, South Dakota | 3 | $ 455,000 | $ 151,666 | $ 94,000 |
| Yankton, South Dakota | 3 | $ 695,000 | $ 231,666 | $ 288,000 |
| Maricopa, Arizona | 2 | $ 570,000 | $ 285,000 | $ 206,000 |
| Aitkin, Minnesota | 2 | $ 570,000 | $ 285,000 | $ 342,000 |
| Lac qui Parle, Minnesota | 2 | $ 190,000 | $ 95,000 | $ 46,000 |
| Martin, Minnesota | 2 | $ 250,000 | $ 125,000 | $ 52,000 |
| Nobles, Minnesota | 2 | $ 240,000 | $ 120,000 | $ 108,000 |
| Olmsted, Minnesota | 2 | $ 370,000 | $ 185,000 | $ 47,000 |
| Pine, Minnesota | 2 | $ 430,000 | $ 215,000 | $ 79,000 |
| Redwood, Minnesota | 2 | $ 160,000 | $ 80,000 | $ 61,000 |
| St. Louis, Minnesota | 2 | $ 130,000 | $ 65,000 | $ 179,000 |
| Traverse, Minnesota | 2 | $ 2,180,000 | $ 1,090,000 | $ 109,000 |
| Lawrence, South Dakota | 2 | $ 580,000 | $ 290,000 | $ 111,000 |
| Marshall, South Dakota | 2 | $ 30,000 | $ 15,000 | $ 22,000 |
| Meade, South Dakota | 2 | $ 570,000 | $ 285,000 | $ 117,000 |
| Miner, South Dakota | 2 | $ 210,000 | $ 105,000 | $ 56,000 |
| Bayfield, Wisconsin | 2 | $ 440,000 | $ 220,000 | $ 199,000 |
| Polk, Wisconsin | 2 | $ 370,000 | $ 185,000 | $ 143,000 |
| Pima, Arizona | 1 | $ 45,000 | $ 45,000 | $ 105,000 |
| Fresno, California | 1 | $ 565,000 | $ 565,000 | $ 265,000 |
| Palm Beach, Florida | 1 | $ 755,000 | $ 755,000 | $ 1,020,000 |
| Sarasota, Florida | 1 | $ 605,000 | $ 605,000 | $ 400,000 |
| Muscogee, Georgia | 1 | $ 115,000 | $ 115,000 | $ 54,000 |
| Cedar, Iowa | 1 | $ 225,000 | $ 225,000 | $ 168,000 |
| Dickinson, Iowa | 1 | $ 555,000 | $ 555,000 | $ 307,000 |
| Linn, Iowa | 1 | $ 305,000 | $ 305,000 | $ 109,000 |
| Madison, Iowa | 1 | $ 755,000 | $ 755,000 | $ 117,000 |
| Pottawattamie, Iowa | 1 | $ 555,000 | $ 555,000 | $ 194,000 |
| Norton, Kansas | 1 | $ 85,000 | $ 85,000 | $ 59,000 |
| Benton, Minnesota | 1 | $ 305,000 | $ 305,000 | $ 82,000 |
| Blue Earth, Minnesota | 1 | $ 45,000 | $ 45,000 | $ 683,000 |
| Chippewa, Minnesota | 1 | $ 15,000 | $ 15,000 | $ 157,000 |
| Cook, Minnesota | 1 | $ 545,000 | $ 545,000 | $ 721,000 |
| Crow Wing, Minnesota | 1 | $ 325,000 | $ 325,000 | $ 252,000 |
| Freeborn, Minnesota | 1 | $ 355,000 | $ 355,000 | $ 123,000 |
| Itasca, Minnesota | 1 | $ 195,000 | $ 195,000 | $ 117,000 |
| Kandiyohi, Minnesota | 1 | $ 205,000 | $ 205,000 | $ 108,000 |
| Morrison, Minnesota | 1 | $ 375,000 | $ 375,000 | $ 78,000 |
| Sibley, Minnesota | 1 | $ 205,000 | $ 205,000 | $ 110,000 |
| Steele, Minnesota | 1 | $ 35,000 | $ 35,000 | $ 52,000 |
| Yellow Medicine, Minnesota | 1 | $ 125,000 | $ 125,000 | $ 88,000 |
| Yellowstone, Montana | 1 | $ 305,000 | $ 305,000 | $ 143,000 |
| Cass, Nebraska | 1 | $ 595,000 | $ 595,000 | $ 206,000 |
| Cedar, Nebraska | 1 | $ 165,000 | $ 165,000 | $ 88,000 |
| Knox, Nebraska | 1 | $ 25,000 | $ 25,000 | $ 123,000 |
| Sarpy, Nebraska | 1 | $ 325,000 | $ 325,000 | $ 148,000 |
| Union, North Carolina | 1 | $ 265,000 | $ 265,000 | $ 105,000 |
| Richland, North Dakota | 1 | $ 145,000 | $ 145,000 | $ 19,000 |
| Wayne, Ohio | 1 | $ 75,000 | $ 75,000 | $ 53,000 |
| Beadle, South Dakota | 1 | $ 75,000 | $ 75,000 | $ 15,000 |
| Brule, South Dakota | 1 | $ 305,000 | $ 305,000 | $ 88,000 |
| Hand, South Dakota | 1 | $ 155,000 | $ 155,000 | $ 62,000 |
| Spink, South Dakota | 1 | $ 65,000 | $ 65,000 | $ 171,000 |
| Tripp, South Dakota | 1 | $ 225,000 | $ 225,000 | $ 73,000 |
| Powhatan, Virginia | 1 | $ 415,000 | $ 415,000 | $ 124,000 |
| Buffalo, Wisconsin | 1 | $ 55,000 | $ 55,000 | $ 145,000 |
| Burnett, Wisconsin | 1 | $ 505,000 | $ 505,000 | $ 660,000 |
| Dunn, Wisconsin | 1 | $ 355,000 | $ 355,000 | $ 851,000 |
| Eau Claire, Wisconsin | 1 | $ 1,395,000 | $ 1,395,000 | $ 647,000 |
| Pierce, Wisconsin | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Sawyer, Wisconsin | 1 | $ 175,000 | $ 175,000 | $ 143,000 |
| St. Croix, Wisconsin | 1 | $ 655,000 | $ 655,000 | $ 669,000 |
Mortgage Loan Application Detail Totals for First 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 | 1,067 | $319,235,000 | $299,000 | $12,435,000 | $148,000 | $3,508,000 |
| Refinancing | 284 | $39,400,000 | $138,000 | $2,125,000 | $147,000 | $780,000 |
| Home Improvement | 282 | $25,050,000 | $88,000 | $1,055,000 | $160,000 | $5,348,000 |
| Other Purpose | 177 | $18,855,000 | $106,000 | $1,505,000 | $238,000 | $6,007,000 |
| Cash-out Refinancing | 60 | $16,050,000 | $267,000 | $805,000 | $108,000 | $434,000 |
| 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 | 1,584 | $324,180,000 | $204,000 | $2,665,000 | $158,000 | $6,007,000 |
| Not Provided | 111 | $30,255,000 | $272,000 | $1,805,000 | $162,000 | $1,192,000 |
| Not applicable | 79 | $41,075,000 | $519,000 | $12,435,000 | $0 | $0 |
| Hispanic | 33 | $5,095,000 | $154,000 | $485,000 | $79,000 | $180,000 |
| Black or African American | 32 | $9,390,000 | $293,000 | $935,000 | $150,000 | $1,200,000 |
| Asian | 24 | $7,260,000 | $302,000 | $495,000 | $180,000 | $737,000 |
| American Indian or Alaskan Native | 7 | $1,335,000 | $190,000 | $655,000 | $74,000 | $182,000 |
| 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) | 1,661 | $362,905,000 | $218,000 | $12,435,000 | $165,000 | $6,007,000 |
| FHA-insured (Federal Housing Administration) | 148 | $35,640,000 | $240,000 | $495,000 | $88,000 | $738,000 |
| VA-guaranteed (Veterans Administration) | 51 | $17,985,000 | $352,000 | $1,785,000 | $106,000 | $334,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 10 | $2,060,000 | $206,000 | $375,000 | $67,000 | $95,000 |
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 | 1,306 | $283,320,000 | $216,000 | $12,435,000 | $163,000 | $6,007,000 |
| Application Withdrawn By Applicant | 300 | $85,370,000 | $284,000 | $2,665,000 | $172,000 | $2,160,000 |
| Application Denied By Financial Institution | 231 | $44,235,000 | $191,000 | $2,125,000 | $85,000 | $1,200,000 |
| File Closed For Incompleteness | 21 | $3,365,000 | $160,000 | $505,000 | $214,000 | $1,496,000 |
| Application Approved But Not Accepted | 10 | $1,920,000 | $192,000 | $1,295,000 | $127,000 | $411,000 |
| Loan Purchased By The Institution | 2 | $380,000 | $190,000 | $215,000 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 1,639 | $374,355,000 | $228,000 | $12,435,000 | $165,000 | $6,007,000 |
| Debt-To-Income Ratio | 144 | $31,270,000 | $217,000 | $2,125,000 | $77,000 | $511,000 |
| Credit History | 64 | $9,060,000 | $141,000 | $935,000 | $126,000 | $1,200,000 |
| Collateral | 14 | $2,320,000 | $165,000 | $385,000 | $78,000 | $127,000 |
| Other | 7 | $1,135,000 | $162,000 | $265,000 | $83,000 | $116,000 |
| Unverifiable Information | 1 | $225,000 | $225,000 | $225,000 | $153,000 | $153,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $225,000 | $225,000 | $225,000 | $138,000 | $138,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First 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 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