First Bank & Trust
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
First Bank & Trust 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 | First Bank & Trust 520 6Th Street Brookings, SD 57006 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2012 2011 2010 2009 2008 2007 2006 2005 2004 |
| Total Number of Mortgage Applications | 1,912 |
| Total Mortgage Loan Application Amount | $471,910,000 |
| Average Mortgage Loan Application Amount | $183,800 |
| Highest Mortgage Loan Application Amount | $21,505,000 |
| Average Applicant Income | $150,600 |
| Highest Applicant Income | $6,671,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 with First Bank & Trust. 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 First Bank & Trust's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2023 breaks down First Bank & Trust'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 First Bank & Trust serves its applicants.
Each category highlights the total number of mortgage applications processed by First Bank & Trust, 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 First Bank & Trust'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 |
|---|---|---|---|---|
| Minnehaha County South Dakota | 433 | $ 126,065,000 | $ 291,000 | $ 170,000 |
| Brookings County South Dakota | 250 | $ 43,690,000 | $ 174,000 | $ 132,000 |
| Lincoln County South Dakota | 212 | $ 46,250,000 | $ 218,000 | $ 168,000 |
| Pipestone County Minnesota | 99 | $ 10,705,000 | $ 108,000 | $ 87,000 |
| Grant County South Dakota | 87 | $ 10,735,000 | $ 123,000 | $ 94,000 |
| Codington County South Dakota | 77 | $ 14,665,000 | $ 190,000 | $ 147,000 |
| Hennepin County Minnesota | 59 | $ 22,075,000 | $ 374,000 | $ 306,000 |
| Scott County Minnesota | 43 | $ 11,475,000 | $ 266,000 | $ 351,000 |
| Isanti County Minnesota | 40 | $ 28,970,000 | $ 724,000 | $ 128,000 |
| Lake County South Dakota | 40 | $ 8,360,000 | $ 209,000 | $ 152,000 |
| Clay County South Dakota | 35 | $ 4,915,000 | $ 140,000 | $ 109,000 |
| Lincoln County Minnesota | 27 | $ 3,245,000 | $ 120,000 | $ 87,000 |
| Anoka County Minnesota | 24 | $ 21,520,000 | $ 896,000 | $ 147,000 |
| Le Sueur County Minnesota | 24 | $ 4,760,000 | $ 198,000 | $ 120,000 |
| Hamlin County South Dakota | 24 | $ 3,890,000 | $ 162,000 | $ 136,000 |
| Moody County South Dakota | 24 | $ 4,040,000 | $ 168,000 | $ 97,000 |
| Dakota County Minnesota | 20 | $ 4,800,000 | $ 240,000 | $ 146,000 |
| Roberts County South Dakota | 20 | $ 2,610,000 | $ 130,000 | $ 114,000 |
| Deuel County South Dakota | 19 | $ 3,235,000 | $ 170,000 | $ 92,000 |
| Rock County Minnesota | 18 | $ 2,820,000 | $ 156,000 | $ 88,000 |
| Mille Lacs County Minnesota | 17 | $ 2,205,000 | $ 129,000 | $ 107,000 |
| Ramsey County Minnesota | 16 | $ 12,690,000 | $ 793,000 | $ 138,000 |
| Turner County South Dakota | 14 | $ 2,480,000 | $ 177,000 | $ 141,000 |
| Kingsbury County South Dakota | 13 | $ 1,905,000 | $ 146,000 | $ 91,000 |
| Union County South Dakota | 13 | $ 1,685,000 | $ 129,000 | $ 97,000 |
| Washington County Minnesota | 12 | $ 3,170,000 | $ 264,000 | $ 408,000 |
| Big Stone County Minnesota | 11 | $ 1,875,000 | $ 170,000 | $ 83,000 |
| Sherburne County Minnesota | 10 | $ 2,480,000 | $ 248,000 | $ 113,000 |
| St. Louis County Minnesota | 9 | $ 585,000 | $ 65,000 | $ 0 |
| Wright County Minnesota | 9 | $ 2,545,000 | $ 282,000 | $ 179,000 |
| Lawrence County South Dakota | 9 | $ 6,745,000 | $ 749,000 | $ 410,000 |
| Lyon County Iowa | 8 | $ 1,220,000 | $ 152,000 | $ 63,000 |
| Rice County Minnesota | 8 | $ 2,090,000 | $ 261,000 | $ 193,000 |
| Pasco County Florida | 6 | $ 1,010,000 | $ 168,000 | $ 228,000 |
| Carver County Minnesota | 6 | $ 2,620,000 | $ 436,000 | $ 233,000 |
| Murray County Minnesota | 6 | $ 1,070,000 | $ 178,000 | $ 106,000 |
| Dickinson County Iowa | 5 | $ 1,755,000 | $ 351,000 | $ 397,000 |
| Sioux County Iowa | 5 | $ 1,135,000 | $ 227,000 | $ 126,000 |
| Chisago County Minnesota | 5 | $ 1,585,000 | $ 317,000 | $ 180,000 |
| Lyon County Minnesota | 5 | $ 495,000 | $ 99,000 | $ 86,000 |
| Stearns County Minnesota | 5 | $ 1,185,000 | $ 237,000 | $ 137,000 |
| Brown County South Dakota | 5 | $ 935,000 | $ 187,000 | $ 102,000 |
| Day County South Dakota | 5 | $ 725,000 | $ 145,000 | $ 115,000 |
| McCook County South Dakota | 5 | $ 885,000 | $ 177,000 | $ 119,000 |
| Spink County South Dakota | 5 | $ 555,000 | $ 111,000 | $ 203,000 |
| Yankton County South Dakota | 5 | $ 925,000 | $ 185,000 | $ 111,000 |
| Maricopa County Arizona | 4 | $ 1,320,000 | $ 330,000 | $ 262,000 |
| Crow Wing County Minnesota | 4 | $ 1,420,000 | $ 355,000 | $ 98,000 |
| Pine County Minnesota | 4 | $ 1,210,000 | $ 302,000 | $ 82,000 |
| Yellow Medicine County Minnesota | 4 | $ 3,310,000 | $ 827,000 | $ 99,000 |
| Aitkin County Minnesota | 3 | $ 665,000 | $ 221,000 | $ 448,000 |
| Kandiyohi County Minnesota | 3 | $ 1,055,000 | $ 351,000 | $ 1,258,000 |
| Martin County Minnesota | 3 | $ 215,000 | $ 71,000 | $ 184,000 |
| Nobles County Minnesota | 3 | $ 345,000 | $ 115,000 | $ 60,000 |
| Steele County Minnesota | 3 | $ 295,000 | $ 98,000 | $ 177,000 |
| Adams County Colorado | 2 | $ 690,000 | $ 345,000 | $ 99,000 |
| O'Brien County Iowa | 2 | $ 250,000 | $ 125,000 | $ 77,000 |
| Cass County Minnesota | 2 | $ 390,000 | $ 195,000 | $ 288,000 |
| Lac qui Parle County Minnesota | 2 | $ 270,000 | $ 135,000 | $ 71,000 |
| McLeod County Minnesota | 2 | $ 360,000 | $ 180,000 | $ 217,000 |
| Otter Tail County Minnesota | 2 | $ 230,000 | $ 115,000 | $ 56,000 |
| Sibley County Minnesota | 2 | $ 300,000 | $ 150,000 | $ 123,000 |
| Burleigh County North Dakota | 2 | $ 740,000 | $ 370,000 | $ 113,000 |
| Cass County North Dakota | 2 | $ 1,060,000 | $ 530,000 | $ 422,000 |
| Pickens County South Carolina | 2 | $ 390,000 | $ 195,000 | $ 80,000 |
| Beadle County South Dakota | 2 | $ 140,000 | $ 70,000 | $ 83,000 |
| Davison County South Dakota | 2 | $ 280,000 | $ 140,000 | $ 115,000 |
| Hutchinson County South Dakota | 2 | $ 300,000 | $ 150,000 | $ 41,000 |
| Marshall County South Dakota | 2 | $ 540,000 | $ 270,000 | $ 115,000 |
| Pennington County South Dakota | 2 | $ 1,390,000 | $ 695,000 | $ 270,000 |
| Eau Claire County Wisconsin | 2 | $ 1,010,000 | $ 505,000 | $ 351,000 |
| Park County Wyoming | 2 | $ 650,000 | $ 325,000 | $ 100,000 |
| Pinal County Arizona | 1 | $ 385,000 | $ 385,000 | $ 189,000 |
| Washington County Arkansas | 1 | $ 225,000 | $ 225,000 | $ 51,000 |
| Riverside County California | 1 | $ 725,000 | $ 725,000 | $ 223,000 |
| El Paso County Colorado | 1 | $ 295,000 | $ 295,000 | $ 65,000 |
| Manatee County Florida | 1 | $ 645,000 | $ 645,000 | $ 530,000 |
| Marion County Florida | 1 | $ 245,000 | $ 245,000 | $ 160,000 |
| Palm Beach County Florida | 1 | $ 295,000 | $ 295,000 | $ 88,000 |
| Madison County Indiana | 1 | $ 205,000 | $ 205,000 | $ 61,000 |
| Floyd County Iowa | 1 | $ 15,000 | $ 15,000 | $ 107,000 |
| Mills County Iowa | 1 | $ 285,000 | $ 285,000 | $ 127,000 |
| Plymouth County Iowa | 1 | $ 95,000 | $ 95,000 | $ 53,000 |
| Pottawattamie County Iowa | 1 | $ 555,000 | $ 555,000 | $ 165,000 |
| Butler County Kansas | 1 | $ 285,000 | $ 285,000 | $ 126,000 |
| Sedgwick County Kansas | 1 | $ 345,000 | $ 345,000 | $ 125,000 |
| Becker County Minnesota | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Benton County Minnesota | 1 | $ 45,000 | $ 45,000 | $ 81,000 |
| Brown County Minnesota | 1 | $ 155,000 | $ 155,000 | $ 190,000 |
| Cottonwood County Minnesota | 1 | $ 275,000 | $ 275,000 | $ 128,000 |
| Douglas County Minnesota | 1 | $ 95,000 | $ 95,000 | $ 91,000 |
| Fillmore County Minnesota | 1 | $ 185,000 | $ 185,000 | $ 60,000 |
| Freeborn County Minnesota | 1 | $ 75,000 | $ 75,000 | $ 12,000 |
| Itasca County Minnesota | 1 | $ 255,000 | $ 255,000 | $ 154,000 |
| Jackson County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 55,000 |
| Kanabec County Minnesota | 1 | $ 265,000 | $ 265,000 | $ 26,000 |
| Lake of the Woods County Minnesota | 1 | $ 125,000 | $ 125,000 | $ 630,000 |
| Olmsted County Minnesota | 1 | $ 175,000 | $ 175,000 | $ 242,000 |
| Todd County Minnesota | 1 | $ 165,000 | $ 165,000 | $ 122,000 |
| Traverse County Minnesota | 1 | $ 345,000 | $ 345,000 | $ 128,000 |
| Marion County Missouri | 1 | $ 75,000 | $ 75,000 | $ 98,000 |
| Madison County Montana | 1 | $ 4,605,000 | $ 4,605,000 | $ 5,322,000 |
| Dodge County Nebraska | 1 | $ 75,000 | $ 75,000 | $ 38,000 |
| Douglas County Nebraska | 1 | $ 475,000 | $ 475,000 | $ 185,000 |
| Lancaster County Nebraska | 1 | $ 175,000 | $ 175,000 | $ 74,000 |
| Polk County Nebraska | 1 | $ 285,000 | $ 285,000 | $ 110,000 |
| Sarpy County Nebraska | 1 | $ 255,000 | $ 255,000 | $ 154,000 |
| Clark County Nevada | 1 | $ 95,000 | $ 95,000 | $ 115,000 |
| Wake County North Carolina | 1 | $ 465,000 | $ 465,000 | $ 106,000 |
| Oconee County South Carolina | 1 | $ 165,000 | $ 165,000 | $ 81,000 |
| Bon Homme County South Dakota | 1 | $ 45,000 | $ 45,000 | $ 53,000 |
| Clark County South Dakota | 1 | $ 125,000 | $ 125,000 | $ 43,000 |
| Douglas County South Dakota | 1 | $ 145,000 | $ 145,000 | $ 113,000 |
| Hughes County South Dakota | 1 | $ 155,000 | $ 155,000 | $ 177,000 |
| Lyman County South Dakota | 1 | $ 85,000 | $ 85,000 | $ 266,000 |
| Miner County South Dakota | 1 | $ 105,000 | $ 105,000 | $ 84,000 |
| Perkins County South Dakota | 1 | $ 145,000 | $ 145,000 | $ 49,000 |
| Bradley County Tennessee | 1 | $ 505,000 | $ 505,000 | $ 157,000 |
| Davidson County Tennessee | 1 | $ 535,000 | $ 535,000 | $ 0 |
| Adams County Wisconsin | 1 | $ 445,000 | $ 445,000 | $ 515,000 |
| Barron County Wisconsin | 1 | $ 395,000 | $ 395,000 | $ 515,000 |
| Burnett County Wisconsin | 1 | $ 295,000 | $ 295,000 | $ 100,000 |
| Price County Wisconsin | 1 | $ 155,000 | $ 155,000 | $ 214,000 |
| St. Croix County Wisconsin | 1 | $ 445,000 | $ 445,000 | $ 339,000 |
| Winnebago County Wisconsin | 1 | $ 255,000 | $ 255,000 | $ 147,000 |
Mortgage Loan Application Detail Totals for First Bank & Trust 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 | 1,149 | $373,515,000 | $325,000 | $21,505,000 | $164,000 | $6,671,000 |
| Home Improvement | 279 | $21,155,000 | $75,000 | $505,000 | $138,000 | $890,000 |
| Refinancing | 259 | $47,795,000 | $184,000 | $13,665,000 | $144,000 | $3,066,000 |
| Other Purpose | 171 | $16,505,000 | $96,000 | $1,425,000 | $209,000 | $3,656,000 |
| Cash-out Refinancing | 54 | $12,940,000 | $239,000 | $515,000 | $98,000 | $242,000 |
| 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 | 1,553 | $317,365,000 | $204,000 | $4,605,000 | $161,000 | $6,671,000 |
| Not Provided | 151 | $41,185,000 | $272,000 | $1,605,000 | $151,000 | $1,459,000 |
| Not applicable | 98 | $88,370,000 | $901,000 | $21,505,000 | $0 | $0 |
| Hispanic | 42 | $9,330,000 | $222,000 | $715,000 | $95,000 | $515,000 |
| Asian | 23 | $4,105,000 | $178,000 | $465,000 | $149,000 | $501,000 |
| Black or African American | 20 | $4,380,000 | $219,000 | $725,000 | $289,000 | $1,200,000 |
| American Indian or Alaskan Native | 12 | $3,770,000 | $314,000 | $975,000 | $167,000 | $426,000 |
| 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) | 1,691 | $419,235,000 | $247,000 | $21,505,000 | $170,000 | $6,671,000 |
| FHA-insured (Federal Housing Administration) | 131 | $30,585,000 | $233,000 | $485,000 | $80,000 | $344,000 |
| VA-guaranteed (Veterans Administration) | 46 | $15,260,000 | $331,000 | $855,000 | $114,000 | $358,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 44 | $6,830,000 | $155,000 | $295,000 | $62,000 | $99,000 |
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 | 1,329 | $336,325,000 | $253,000 | $21,505,000 | $169,000 | $5,322,000 |
| Application Withdrawn By Applicant | 326 | $90,700,000 | $278,000 | $2,405,000 | $166,000 | $6,671,000 |
| Application Denied By Financial Institution | 227 | $39,415,000 | $173,000 | $1,055,000 | $94,000 | $1,459,000 |
| Application Approved But Not Accepted | 16 | $2,930,000 | $183,000 | $505,000 | $203,000 | $600,000 |
| File Closed For Incompleteness | 14 | $2,540,000 | $181,000 | $365,000 | $117,000 | $342,000 |
| 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 | 1,685 | $432,495,000 | $256,000 | $21,505,000 | $169,000 | $6,671,000 |
| Debt-To-Income Ratio | 129 | $25,955,000 | $201,000 | $1,055,000 | $80,000 | $434,000 |
| Credit History | 68 | $8,740,000 | $128,000 | $615,000 | $112,000 | $1,459,000 |
| Collateral | 17 | $2,545,000 | $149,000 | $475,000 | $93,000 | $336,000 |
| Other | 5 | $245,000 | $49,000 | $85,000 | $257,000 | $609,000 |
| Unverifiable Information | 3 | $665,000 | $221,000 | $305,000 | $66,000 | $99,000 |
| Employment History | 3 | $885,000 | $295,000 | $465,000 | $105,000 | $153,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $365,000 | $365,000 | $365,000 | $85,000 | $85,000 |
| Credit Application Incomplete | 1 | $15,000 | $15,000 | $15,000 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First Bank & Trust'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 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.