First Republic Bank Mortgage Lending & HMDA Data, 2011

In 2011, First Republic Bank of San Francisco, CA reported 6,960 mortgage applications totaling $7.7 billion. The average application was for $1,099,785, and applicants reported an average income of $574,793. 81% of its applications resulted in an originated loan and 4% were denied. Its largest markets were San Francisco-San Mateo-Redwood City, CA (2,501), New York-White Plains-Wayne, NY-NJ (730) and Oakland-Fremont-Hayward, CA (572) (applications in parentheses).

Mortgage Company & Address First Republic Bank
111 Pine Street
San Francisco, CA 94111
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  
Total Number of Mortgage Applications 6,960
Total Mortgage Loan Application Amount $7,654,504,000
Average Mortgage Loan Application Amount $1,099,785
Highest Mortgage Loan Application Amount $25,000,000
Average Applicant Income $574,793
Highest Applicant Income $9,999,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records First Republic Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Mortgage Loan Application Totals for First Republic Bank by County in 2011

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
San Francisco, California 1,516 $ 1,672,635,000 $ 1,103,321 $ 423,000
San Mateo, California 592 $ 685,704,000 $ 1,158,283 $ 533,000
New York, New York 561 $ 814,652,000 $ 1,452,142 $ 950,000
Los Angeles, California 534 $ 665,971,000 $ 1,247,136 $ 592,000
Santa Clara, California 409 $ 437,014,000 $ 1,068,493 $ 427,000
Marin, California 393 $ 432,568,000 $ 1,100,681 $ 561,000
Alameda, California 354 $ 237,531,000 $ 670,991 $ 234,000
San Diego, California 274 $ 306,578,000 $ 1,118,897 $ 345,000
Orange, California 255 $ 288,781,000 $ 1,132,474 $ 596,000
Contra Costa, California 218 $ 168,475,000 $ 772,821 $ 410,000
Sonoma, California 124 $ 143,788,000 $ 1,159,580 $ 461,000
Suffolk, Massachusetts 123 $ 111,418,000 $ 905,837 $ 601,000
Fairfield, Connecticut 114 $ 181,123,000 $ 1,588,798 $ 1,121,000
Suffolk, New York 112 $ 204,394,000 $ 1,824,946 $ 1,501,000
Middlesex, Massachusetts 108 $ 94,681,000 $ 876,675 $ 655,000
Napa, California 93 $ 107,547,000 $ 1,156,419 $ 499,000
Westchester, New York 88 $ 109,215,000 $ 1,241,079 $ 823,000
Santa Barbara, California 83 $ 91,523,000 $ 1,102,686 $ 513,000
Norfolk, Massachusetts 71 $ 75,204,000 $ 1,059,211 $ 512,000
Riverside, California 47 $ 29,262,000 $ 622,595 $ 443,000
Kings, New York 44 $ 45,995,000 $ 1,045,340 $ 453,000
Multnomah, Oregon 44 $ 20,477,000 $ 465,386 $ 289,000
Placer, California 42 $ 35,343,000 $ 841,500 $ 851,000
Monterey, California 34 $ 39,447,000 $ 1,160,205 $ 1,527,000
Washington, Oregon 33 $ 13,606,000 $ 412,303 $ 91,000
Nassau, New York 31 $ 31,330,000 $ 1,010,645 $ 1,392,000
Essex, Massachusetts 30 $ 21,777,000 $ 725,900 $ 560,000
Santa Cruz, California 25 $ 17,339,000 $ 693,560 $ 251,000
Barnstable, Massachusetts 22 $ 18,583,000 $ 844,681 $ 811,000
Nantucket, Massachusetts 22 $ 38,922,000 $ 1,769,181 $ 1,110,000
Plymouth, Massachusetts 18 $ 11,179,000 $ 621,055 $ 493,000
Ventura, California 17 $ 16,091,000 $ 946,529 $ 475,000
Nevada, California 16 $ 8,872,000 $ 554,500 $ 493,000
King, Washington 16 $ 14,034,000 $ 877,125 $ 491,000
Hawaii, Hawaii 15 $ 29,195,000 $ 1,946,333 $ 1,752,000
Bergen, New Jersey 14 $ 14,590,000 $ 1,042,142 $ 459,000
Clackamas, Oregon 14 $ 10,232,000 $ 730,857 $ 349,000
Pitkin, Colorado 13 $ 27,796,000 $ 2,138,153 $ 1,197,000
Blaine, Idaho 13 $ 9,640,000 $ 741,538 $ 1,205,000
Solano, California 12 $ 2,279,000 $ 189,916 $ 90,000
Palm Beach, Florida 12 $ 9,306,000 $ 775,500 $ 876,000
Queens, New York 12 $ 5,132,000 $ 427,666 $ 214,000
Summit, Utah 12 $ 13,230,000 $ 1,102,500 $ 1,765,000
Miami-Dade, Florida 11 $ 8,068,000 $ 733,454 $ 495,000
Maui, Hawaii 11 $ 13,280,000 $ 1,207,272 $ 785,000
Dukes, Massachusetts 11 $ 15,265,000 $ 1,387,727 $ 631,000
El Dorado, California 10 $ 4,929,000 $ 492,900 $ 564,000
San Bernardino, California 10 $ 5,734,000 $ 573,400 $ 365,000
Honolulu, Hawaii 10 $ 12,522,000 $ 1,252,200 $ 719,000
Clark, Nevada 10 $ 2,019,000 $ 201,900 $ 47,000
Washoe, Nevada 10 $ 5,906,000 $ 590,600 $ 968,000
Essex, New Jersey 10 $ 10,265,000 $ 1,026,500 $ 697,000
District of Columbia, District Of Columbia 9 $ 5,385,000 $ 598,333 $ 393,000
Maricopa, Arizona 8 $ 5,916,000 $ 739,500 $ 1,325,000
Union, New Jersey 8 $ 7,225,000 $ 903,125 $ 474,000
Broward, Florida 7 $ 17,995,000 $ 2,570,714 $ 523,000
Alpine, California 6 $ 2,463,000 $ 410,500 $ 736,000
Cook, Illinois 6 $ 6,720,000 $ 1,120,000 $ 513,000
Hudson, New Jersey 6 $ 3,274,000 $ 545,666 $ 215,000
Monmouth, New Jersey 6 $ 2,884,000 $ 480,666 $ 637,000
Teton, Wyoming 6 $ 14,007,000 $ 2,334,500 $ 1,603,000
Eagle, Colorado 5 $ 5,128,000 $ 1,025,600 $ 732,000
Worcester, Massachusetts 5 $ 3,596,000 $ 719,200 $ 764,000
Mercer, New Jersey 5 $ 6,213,000 $ 1,242,600 $ 798,000
Ocean, New Jersey 5 $ 4,380,000 $ 876,000 $ 1,006,000
Columbia, New York 5 $ 2,205,000 $ 441,000 $ 778,000
Deschutes, Oregon 5 $ 1,589,000 $ 317,800 $ 698,000
Collier, Florida 4 $ 4,512,000 $ 1,128,000 $ 1,415,000
Fulton, Georgia 4 $ 4,016,000 $ 1,004,000 $ 881,000
York, Maine 4 $ 6,400,000 $ 1,600,000 $ 689,000
Berkshire, Massachusetts 4 $ 7,258,000 $ 1,814,500 $ 503,000
Carroll, New Hampshire 4 $ 2,305,000 $ 576,250 $ 921,000
Cape May, New Jersey 4 $ 5,135,000 $ 1,283,750 $ 1,187,000
Jackson, Oregon 4 $ 1,889,000 $ 472,250 $ 293,000
Clark, Washington 4 $ 1,664,000 $ 416,000 $ 143,000
Sacramento, California 3 $ 572,000 $ 190,666 $ 124,000
San Benito, California 3 $ 871,000 $ 290,333 $ 375,000
San Luis Obispo, California 3 $ 1,917,000 $ 639,000 $ 410,000
San Miguel, Colorado 3 $ 6,627,000 $ 2,209,000 $ 2,142,000
Litchfield, Connecticut 3 $ 2,019,000 $ 673,000 $ 3,711,000
Douglas, Nevada 3 $ 2,954,000 $ 984,666 $ 308,000
Rockingham, New Hampshire 3 $ 1,760,000 $ 586,666 $ 271,000
Morris, New Jersey 3 $ 3,932,000 $ 1,310,666 $ 683,000
Somerset, New Jersey 3 $ 2,490,000 $ 830,000 $ 1,294,000
Albany, New York 3 $ 1,480,000 $ 493,333 $ 387,000
Orange, New York 3 $ 2,856,000 $ 952,000 $ 876,000
Delaware, Pennsylvania 3 $ 1,484,000 $ 494,666 $ 141,000
Dallas, Texas 3 $ 2,338,000 $ 779,333 $ 541,000
Travis, Texas 3 $ 1,460,000 $ 486,666 $ 234,000
Salt Lake, Utah 3 $ 2,109,000 $ 703,000 $ 890,000
Bennington, Vermont 3 $ 1,749,000 $ 583,000 $ 858,000
Fairfax, Virginia 3 $ 2,718,000 $ 906,000 $ 3,647,000
Spokane, Washington 3 $ 1,694,000 $ 564,666 $ 372,000
Pima, Arizona 2 $ 1,259,000 $ 629,500 $ 160,000
Amador, California 2 $ 668,000 $ 334,000 $ 366,000
Calaveras, California 2 $ 566,000 $ 283,000 $ 125,000
Fresno, California 2 $ 328,000 $ 164,000 $ 673,000
Mendocino, California 2 $ 954,000 $ 477,000 $ 408,000
Plumas, California 2 $ 473,000 $ 236,500 $ 260,000
Yolo, California 2 $ 684,000 $ 342,000 $ 399,000
Boulder, Colorado 2 $ 1,778,000 $ 889,000 $ 469,000
Hartford, Connecticut 2 $ 929,000 $ 464,500 $ 369,000
New Haven, Connecticut 2 $ 1,079,000 $ 539,500 $ 1,113,000
New London, Connecticut 2 $ 2,405,000 $ 1,202,500 $ 625,000
Lee, Florida 2 $ 1,092,000 $ 546,000 $ 2,162,000
Martin, Florida 2 $ 11,000,000 $ 5,500,000 $ 8,424,000
Lincoln, Maine 2 $ 638,000 $ 319,000 $ 312,000
Bristol, Massachusetts 2 $ 572,000 $ 286,000 $ 250,000
Gallatin, Montana 2 $ 5,390,000 $ 2,695,000 $ 1,119,000
Hillsborough, New Hampshire 2 $ 674,000 $ 337,000 $ 157,000
Hunterdon, New Jersey 2 $ 2,917,000 $ 1,458,500 $ 569,000
Santa Fe, New Mexico 2 $ 1,117,000 $ 558,500 $ 197,000
Greene, New York 2 $ 975,000 $ 487,500 $ 1,234,000
Richmond, New York 2 $ 1,463,000 $ 731,500 $ 316,000
Ulster, New York 2 $ 1,665,000 $ 832,500 $ 533,000
Montgomery, Pennsylvania 2 $ 767,000 $ 383,500 $ 679,000
Utah, Utah 2 $ 1,183,000 $ 591,500 $ 512,000
Windsor, Vermont 2 $ 680,000 $ 340,000 $ 851,000
Albemarle, Virginia 2 $ 4,900,000 $ 2,450,000 $ 1,731,000
Tallapoosa, Alabama 1 $ 1,260,000 $ 1,260,000 $ 1,085,000
Kern, California 1 $ 319,000 $ 319,000 $ 1,176,000
Lake, California 1 $ 942,000 $ 942,000 $ 1,100,000
Merced, California 1 $ 125,000 $ 125,000 $ 0
Shasta, California 1 $ 249,000 $ 249,000 $ 1,007,000
Stanislaus, California 1 $ 340,000 $ 340,000 $ 1,036,000
Arapahoe, Colorado 1 $ 417,000 $ 417,000 $ 205,000
Broomfield, Colorado 1 $ 415,000 $ 415,000 $ 470,000
Denver, Colorado 1 $ 160,000 $ 160,000 $ 88,000
Douglas, Colorado 1 $ 490,000 $ 490,000 $ 430,000
La Plata, Colorado 1 $ 675,000 $ 675,000 $ 199,000
Sarasota, Florida 1 $ 250,000 $ 250,000 $ 4,471,000
Lumpkin, Georgia 1 $ 260,000 $ 260,000 $ 74,000
Kauai, Hawaii 1 $ 3,000,000 $ 3,000,000 $ 1,568,000
Bonner, Idaho 1 $ 407,000 $ 407,000 $ 721,000
Teton, Idaho 1 $ 600,000 $ 600,000 $ 765,000
DuPage, Illinois 1 $ 500,000 $ 500,000 $ 647,000
Winnebago, Illinois 1 $ 150,000 $ 150,000 $ 106,000
Cumberland, Maine 1 $ 579,000 $ 579,000 $ 450,000
Waldo, Maine 1 $ 900,000 $ 900,000 $ 1,870,000
Benzie, Michigan 1 $ 825,000 $ 825,000 $ 477,000
Hennepin, Minnesota 1 $ 1,743,000 $ 1,743,000 $ 664,000
Belknap, New Hampshire 1 $ 805,000 $ 805,000 $ 894,000
Grafton, New Hampshire 1 $ 300,000 $ 300,000 $ 69,000
Merrimack, New Hampshire 1 $ 185,000 $ 185,000 $ 250,000
Sullivan, New Hampshire 1 $ 350,000 $ 350,000 $ 425,000
Middlesex, New Jersey 1 $ 440,000 $ 440,000 $ 9,999,000
Bronx, New York 1 $ 160,000 $ 160,000 $ 205,000
Dutchess, New York 1 $ 300,000 $ 300,000 $ 716,000
Putnam, New York 1 $ 1,500,000 $ 1,500,000 $ 2,200,000
Rockland, New York 1 $ 933,000 $ 933,000 $ 743,000
Steuben, New York 1 $ 650,000 $ 650,000 $ 425,000
Dare, North Carolina 1 $ 360,000 $ 360,000 $ 295,000
Hamilton, Ohio 1 $ 350,000 $ 350,000 $ 423,000
Oklahoma, Oklahoma 1 $ 400,000 $ 400,000 $ 294,000
Klamath, Oregon 1 $ 503,000 $ 503,000 $ 216,000
Lane, Oregon 1 $ 10,400,000 $ 10,400,000 $ 0
Linn, Oregon 1 $ 250,000 $ 250,000 $ 0
Yamhill, Oregon 1 $ 345,000 $ 345,000 $ 318,000
Bucks, Pennsylvania 1 $ 900,000 $ 900,000 $ 891,000
Monroe, Pennsylvania 1 $ 320,000 $ 320,000 $ 274,000
Philadelphia, Pennsylvania 1 $ 197,000 $ 197,000 $ 467,000
Pike, Pennsylvania 1 $ 500,000 $ 500,000 $ 0
Newport, Rhode Island 1 $ 3,000,000 $ 3,000,000 $ 1,205,000
Providence, Rhode Island 1 $ 620,000 $ 620,000 $ 265,000
Washington, Rhode Island 1 $ 3,000,000 $ 3,000,000 $ 2,602,000
Charleston, South Carolina 1 $ 2,000,000 $ 2,000,000 $ 2,415,000
Bexar, Texas 1 $ 1,834,000 $ 1,834,000 $ 628,000
Denton, Texas 1 $ 260,000 $ 260,000 $ 371,000
Harris, Texas 1 $ 2,300,000 $ 2,300,000 $ 1,082,000
Tarrant, Texas 1 $ 658,000 $ 658,000 $ 748,000
Windham, Vermont 1 $ 455,000 $ 455,000 $ 294,000
Lancaster, Virginia 1 $ 750,000 $ 750,000 $ 300,000
Jefferson, Washington 1 $ 543,000 $ 543,000 $ 309,000
Pacific, Washington 1 $ 388,000 $ 388,000 $ 302,000
Walworth, Wisconsin 1 $ 3,000,000 $ 3,000,000 $ 390,000
Natrona, Wyoming 1 $ 1,150,000 $ 1,150,000 $ 0

Mortgage Loan Application Detail Totals for First Republic Bank in 2011

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 4,117 $4,273,028,000 $1,037,000 $25,000,000 $567,000 $9,999,000
Home Purchase 2,597 $3,161,555,000 $1,217,000 $25,000,000 $602,000 $9,999,000
Home Improvement 246 $219,921,000 $893,000 $17,500,000 $418,000 $9,999,000

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 3,111 $3,148,548,000 $1,012,000 $17,500,000 $580,000 $9,999,000
Not Provided 2,762 $3,141,786,000 $1,137,000 $15,000,000 $723,000 $9,999,000
Not applicable 617 $948,464,000 $1,537,000 $25,000,000 $0 $62,000
Asian 342 $300,449,000 $878,000 $3,045,000 $399,000 $3,710,000
Hispanic 84 $66,278,000 $789,000 $3,738,000 $389,000 $1,565,000
Black or African American 30 $28,685,000 $956,000 $3,300,000 $707,000 $4,070,000
Native Hawaiian or Other Pacific Islander 9 $10,894,000 $1,210,000 $2,185,000 $448,000 $810,000
American Indian or Alaskan Native 5 $9,400,000 $1,880,000 $4,000,000 $879,000 $1,935,000

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) 6,960 $7,654,504,000 $1,099,000 $25,000,000 $575,000 $9,999,000
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 5,603 $6,148,764,000 $1,097,000 $25,000,000 $553,000 $9,999,000
Application Withdrawn By Applicant 858 $940,311,000 $1,095,000 $12,700,000 $698,000 $9,999,000
Application Denied By Financial Institution 294 $337,345,000 $1,147,000 $15,000,000 $579,000 $9,999,000
File Closed For Incompleteness 115 $128,231,000 $1,115,000 $8,600,000 $786,000 $9,999,000
Application Approved But Not Accepted 66 $94,700,000 $1,434,000 $9,750,000 $660,000 $2,680,000
Loan Purchased By The Institution 24 $5,153,000 $214,000 $970,000 $33,000 $62,000
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 Republic Bank's 2011 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 Republic 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.
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