First Republic Bank Mortgage Lending & HMDA Data, 2016

In 2016, First Republic Bank of San Francisco, CA reported 13,290 mortgage applications totaling $14.8 billion, up 46% from 2015. The average application was for $1,113,694, and applicants reported an average income of $450,876. 79% of its applications resulted in an originated loan and 2% were denied. Its largest markets were San Francisco-Redwood City-South San Francisco, CA (2,706), Los Angeles-Long Beach-Glendale, CA (1,582) and Oakland-Hayward-Berkeley, CA (1,418) (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 13,290
Total Mortgage Loan Application Amount $14,800,999,000
Average Mortgage Loan Application Amount $1,113,694
Highest Mortgage Loan Application Amount $90,000,000
Average Applicant Income $450,876
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Act (HMDA) records First Republic Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2016

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 2,003 $ 2,450,038,000 $ 1,223,184 $ 362,000
Los Angeles, California 1,582 $ 1,697,312,000 $ 1,072,890 $ 406,000
New York, New York 859 $ 2,001,751,000 $ 2,330,327 $ 850,000
Alameda, California 836 $ 602,740,000 $ 720,980 $ 198,000
San Diego, California 765 $ 515,847,000 $ 674,309 $ 193,000
Suffolk, Massachusetts 734 $ 617,738,000 $ 841,604 $ 408,000
Santa Clara, California 710 $ 704,634,000 $ 992,442 $ 354,000
San Mateo, California 703 $ 901,445,000 $ 1,282,283 $ 442,000
Contra Costa, California 582 $ 401,654,000 $ 690,127 $ 314,000
Marin, California 517 $ 649,032,000 $ 1,255,381 $ 489,000
Orange, California 476 $ 495,444,000 $ 1,040,848 $ 432,000
Middlesex, Massachusetts 324 $ 316,769,000 $ 977,682 $ 677,000
Norfolk, Massachusetts 258 $ 228,730,000 $ 886,550 $ 427,000
Sonoma, California 253 $ 248,338,000 $ 981,573 $ 366,000
Multnomah, Oregon 215 $ 111,172,000 $ 517,079 $ 124,000
Kings, New York 180 $ 239,426,000 $ 1,330,144 $ 449,000
Fairfield, Connecticut 177 $ 227,835,000 $ 1,287,203 $ 662,000
Suffolk, New York 163 $ 343,309,000 $ 2,106,190 $ 1,299,000
Napa, California 157 $ 153,436,000 $ 977,299 $ 586,000
Palm Beach, Florida 127 $ 123,869,000 $ 975,346 $ 539,000
Santa Barbara, California 125 $ 143,610,000 $ 1,148,880 $ 821,000
Riverside, California 105 $ 122,061,000 $ 1,162,485 $ 314,000
Westchester, New York 94 $ 120,632,000 $ 1,283,319 $ 843,000
Nassau, New York 74 $ 109,582,000 $ 1,480,837 $ 781,000
Barnstable, Massachusetts 67 $ 56,228,000 $ 839,223 $ 841,000
Essex, Massachusetts 67 $ 54,158,000 $ 808,328 $ 411,000
Plymouth, Massachusetts 66 $ 53,765,000 $ 814,621 $ 428,000
Placer, California 55 $ 71,346,000 $ 1,297,200 $ 702,000
Santa Cruz, California 48 $ 36,622,000 $ 762,958 $ 368,000
Monterey, California 42 $ 61,690,000 $ 1,468,809 $ 671,000
Clackamas, Oregon 39 $ 21,118,000 $ 541,487 $ 240,000
Solano, California 38 $ 7,311,000 $ 192,394 $ 43,000
Nantucket, Massachusetts 37 $ 60,012,000 $ 1,621,945 $ 1,096,000
Washington, Oregon 36 $ 19,660,000 $ 546,111 $ 148,000
Ventura, California 34 $ 28,510,000 $ 838,529 $ 552,000
Miami-Dade, Florida 24 $ 41,722,000 $ 1,738,416 $ 1,456,000
Nevada, California 23 $ 11,869,000 $ 516,043 $ 572,000
Dukes, Massachusetts 23 $ 26,829,000 $ 1,166,478 $ 812,000
Queens, New York 22 $ 27,453,000 $ 1,247,863 $ 258,000
Bergen, New Jersey 21 $ 23,577,000 $ 1,122,714 $ 810,000
Summit, Utah 21 $ 32,860,000 $ 1,564,761 $ 1,202,000
Monmouth, New Jersey 18 $ 18,369,000 $ 1,020,500 $ 862,000
Hawaii, Hawaii 17 $ 30,303,000 $ 1,782,529 $ 756,000
Essex, New Jersey 17 $ 16,213,000 $ 953,705 $ 861,000
Hudson, New Jersey 16 $ 8,849,000 $ 553,062 $ 423,000
District of Columbia, District Of Columbia 15 $ 19,473,000 $ 1,298,200 $ 701,000
Blaine, Idaho 14 $ 11,432,000 $ 816,571 $ 747,000
King, Washington 14 $ 12,445,000 $ 888,928 $ 366,000
San Bernardino, California 12 $ 21,193,000 $ 1,766,083 $ 458,000
Litchfield, Connecticut 12 $ 10,573,000 $ 881,083 $ 986,000
Broward, Florida 12 $ 55,575,000 $ 4,631,250 $ 900,000
York, Maine 12 $ 6,842,000 $ 570,166 $ 283,000
Clark, Washington 12 $ 5,461,000 $ 455,083 $ 72,000
Madison, Montana 11 $ 44,768,000 $ 4,069,818 $ 1,014,000
Deschutes, Oregon 11 $ 5,134,000 $ 466,727 $ 523,000
Teton, Wyoming 11 $ 19,224,000 $ 1,747,636 $ 767,000
Honolulu, Hawaii 10 $ 16,279,000 $ 1,627,900 $ 722,000
El Dorado, California 9 $ 4,989,000 $ 554,333 $ 459,000
San Joaquin, California 9 $ 1,857,000 $ 206,333 $ 401,000
Boulder, Colorado 9 $ 10,973,000 $ 1,219,222 $ 720,000
Washoe, Nevada 9 $ 11,298,000 $ 1,255,333 $ 729,000
Dallas, Texas 9 $ 8,062,000 $ 895,777 $ 603,000
Washington, Rhode Island 8 $ 7,701,000 $ 962,625 $ 683,000
Maricopa, Arizona 7 $ 4,087,000 $ 583,857 $ 298,000
Sacramento, California 7 $ 3,667,000 $ 523,857 $ 548,000
Maui, Hawaii 7 $ 8,140,000 $ 1,162,857 $ 1,005,000
Bronx, New York 7 $ 3,618,000 $ 516,857 $ 143,000
Pitkin, Colorado 6 $ 14,246,000 $ 2,374,333 $ 692,000
Cook, Illinois 6 $ 8,530,000 $ 1,421,666 $ 644,000
Bristol, Massachusetts 6 $ 2,457,000 $ 409,500 $ 295,000
Worcester, Massachusetts 6 $ 3,255,000 $ 542,500 $ 309,000
Clark, Nevada 6 $ 3,901,000 $ 650,166 $ 388,000
Rockingham, New Hampshire 6 $ 2,881,000 $ 480,166 $ 409,000
Morris, New Jersey 6 $ 6,669,000 $ 1,111,500 $ 860,000
Clatsop, Oregon 6 $ 2,109,000 $ 351,500 $ 922,000
Travis, Texas 6 $ 5,426,000 $ 904,333 $ 922,000
San Luis Obispo, California 5 $ 3,586,000 $ 717,200 $ 667,000
Arapahoe, Colorado 5 $ 9,058,000 $ 1,811,600 $ 952,000
Collier, Florida 5 $ 7,128,000 $ 1,425,600 $ 839,000
Martin, Florida 5 $ 2,795,000 $ 559,000 $ 241,000
Douglas, Nevada 5 $ 5,678,000 $ 1,135,600 $ 1,193,000
Carroll, New Hampshire 5 $ 4,324,000 $ 864,800 $ 928,000
Ocean, New Jersey 5 $ 7,490,000 $ 1,498,000 $ 2,704,000
Dutchess, New York 5 $ 2,842,000 $ 568,400 $ 412,000
Yamhill, Oregon 5 $ 2,959,000 $ 591,800 $ 369,000
San Miguel, Colorado 4 $ 5,851,000 $ 1,462,750 $ 820,000
Middlesex, Connecticut 4 $ 4,615,000 $ 1,153,750 $ 1,975,000
Fulton, Georgia 4 $ 4,453,000 $ 1,113,250 $ 506,000
Kauai, Hawaii 4 $ 3,495,000 $ 873,750 $ 615,000
Mercer, New Jersey 4 $ 4,484,000 $ 1,121,000 $ 833,000
Union, New Jersey 4 $ 2,744,000 $ 686,000 $ 285,000
Saratoga, New York 4 $ 871,000 $ 217,750 $ 559,000
Marion, Oregon 4 $ 1,137,000 $ 284,250 $ 125,000
Chester, Pennsylvania 4 $ 1,568,000 $ 392,000 $ 364,000
Newport, Rhode Island 4 $ 3,382,000 $ 845,500 $ 782,000
Providence, Rhode Island 4 $ 1,519,000 $ 379,750 $ 325,000
Salt Lake, Utah 4 $ 2,710,000 $ 677,500 $ 731,000
Mendocino, California 3 $ 2,848,000 $ 949,333 $ 478,000
Denver, Colorado 3 $ 1,889,000 $ 629,666 $ 247,000
Eagle, Colorado 3 $ 11,768,000 $ 3,922,666 $ 892,000
Pinellas, Florida 3 $ 2,214,000 $ 738,000 $ 332,000
Hampden, Massachusetts 3 $ 1,123,000 $ 374,333 $ 185,000
Belknap, New Hampshire 3 $ 1,631,000 $ 543,666 $ 341,000
Sullivan, New Hampshire 3 $ 5,093,000 $ 1,697,666 $ 786,000
Burlington, New Jersey 3 $ 1,921,000 $ 640,333 $ 275,000
Somerset, New Jersey 3 $ 1,376,000 $ 458,666 $ 507,000
Putnam, New York 3 $ 5,275,000 $ 1,758,333 $ 2,922,000
Durham, North Carolina 3 $ 952,000 $ 317,333 $ 191,000
Lincoln, Oregon 3 $ 866,000 $ 288,666 $ 512,000
Philadelphia, Pennsylvania 3 $ 2,903,000 $ 967,666 $ 562,000
Charleston, South Carolina 3 $ 10,195,000 $ 3,398,333 $ 1,129,000
Lamoille, Vermont 3 $ 3,437,000 $ 1,145,666 $ 727,000
Windham, Vermont 3 $ 1,294,000 $ 431,333 $ 884,000
Yavapai, Arizona 2 $ 572,000 $ 286,000 $ 506,000
Mono, California 2 $ 2,225,000 $ 1,112,500 $ 896,000
Monroe, Florida 2 $ 4,900,000 $ 2,450,000 $ 932,000
Sarasota, Florida 2 $ 600,000 $ 300,000 $ 152,000
St. Johns, Florida 2 $ 2,762,000 $ 1,381,000 $ 857,000
Waldo, Maine 2 $ 3,100,000 $ 1,550,000 $ 984,000
Gallatin, Montana 2 $ 3,800,000 $ 1,900,000 $ 783,000
Grafton, New Hampshire 2 $ 529,000 $ 264,500 $ 836,000
Hillsborough, New Hampshire 2 $ 1,680,000 $ 840,000 $ 3,018,000
Atlantic, New Jersey 2 $ 1,006,000 $ 503,000 $ 421,000
Cape May, New Jersey 2 $ 1,415,000 $ 707,500 $ 2,017,000
Essex, New York 2 $ 1,608,000 $ 804,000 $ 163,000
Benton, Oregon 2 $ 2,167,000 $ 1,083,500 $ 0
Bucks, Pennsylvania 2 $ 577,000 $ 288,500 $ 0
Montgomery, Pennsylvania 2 $ 1,800,000 $ 900,000 $ 524,000
Harris, Texas 2 $ 1,413,000 $ 706,500 $ 5,112,000
Bennington, Vermont 2 $ 505,000 $ 252,500 $ 1,056,000
Washington, Vermont 2 $ 605,000 $ 302,500 $ 347,000
Windsor, Vermont 2 $ 1,837,000 $ 918,500 $ 973,000
Alexandria, Virginia 2 $ 1,233,000 $ 616,500 $ 244,000
Fairfax, Virginia 2 $ 1,180,000 $ 590,000 $ 715,000
Richmond City, Virginia 2 $ 920,000 $ 460,000 $ 239,000
Kitsap, Washington 2 $ 635,000 $ 317,500 $ 144,000
Mohave, Arizona 1 $ 275,000 $ 275,000 $ 337,000
Alpine, California 1 $ 259,000 $ 259,000 $ 336,000
Amador, California 1 $ 376,000 $ 376,000 $ 565,000
Butte, California 1 $ 600,000 $ 600,000 $ 263,000
Calaveras, California 1 $ 110,000 $ 110,000 $ 177,000
Fresno, California 1 $ 50,000 $ 50,000 $ 42,000
Kern, California 1 $ 550,000 $ 550,000 $ 208,000
Lake, California 1 $ 107,000 $ 107,000 $ 269,000
Siskiyou, California 1 $ 228,000 $ 228,000 $ 338,000
Stanislaus, California 1 $ 195,000 $ 195,000 $ 272,000
Yolo, California 1 $ 553,000 $ 553,000 $ 467,000
Adams, Colorado 1 $ 425,000 $ 425,000 $ 406,000
Routt, Colorado 1 $ 1,528,000 $ 1,528,000 $ 438,000
Hartford, Connecticut 1 $ 500,000 $ 500,000 $ 250,000
Duval, Florida 1 $ 381,000 $ 381,000 $ 108,000
Hillsborough, Florida 1 $ 588,000 $ 588,000 $ 220,000
Indian River, Florida 1 $ 1,000,000 $ 1,000,000 $ 843,000
Manatee, Florida 1 $ 388,000 $ 388,000 $ 203,000
Nassau, Florida 1 $ 378,000 $ 378,000 $ 505,000
Okaloosa, Florida 1 $ 531,000 $ 531,000 $ 500,000
Orange, Florida 1 $ 190,000 $ 190,000 $ 200,000
Forsyth, Georgia 1 $ 205,000 $ 205,000 $ 375,000
Ada, Idaho 1 $ 1,087,000 $ 1,087,000 $ 294,000
Bonner, Idaho 1 $ 1,853,000 $ 1,853,000 $ 1,107,000
Bonneville, Idaho 1 $ 269,000 $ 269,000 $ 131,000
Lake, Illinois 1 $ 250,000 $ 250,000 $ 170,000
Cumberland, Maine 1 $ 991,000 $ 991,000 $ 407,000
Hancock, Maine 1 $ 1,200,000 $ 1,200,000 $ 3,066,000
Berkshire, Massachusetts 1 $ 400,000 $ 400,000 $ 765,000
Franklin, Massachusetts 1 $ 221,000 $ 221,000 $ 354,000
Hampshire, Massachusetts 1 $ 195,000 $ 195,000 $ 75,000
Flathead, Montana 1 $ 443,000 $ 443,000 $ 201,000
Ravalli, Montana 1 $ 1,620,000 $ 1,620,000 $ 1,620,000
Merrimack, New Hampshire 1 $ 560,000 $ 560,000 $ 180,000
Camden, New Jersey 1 $ 316,000 $ 316,000 $ 2,025,000
Middlesex, New Jersey 1 $ 284,000 $ 284,000 $ 213,000
Passaic, New Jersey 1 $ 498,000 $ 498,000 $ 260,000
Santa Fe, New Mexico 1 $ 333,000 $ 333,000 $ 119,000
Chautauqua, New York 1 $ 433,000 $ 433,000 $ 345,000
Columbia, New York 1 $ 288,000 $ 288,000 $ 98,000
Hamilton, New York 1 $ 983,000 $ 983,000 $ 1,090,000
Orange, New York 1 $ 440,000 $ 440,000 $ 277,000
Rockland, New York 1 $ 520,000 $ 520,000 $ 283,000
Ulster, New York 1 $ 390,000 $ 390,000 $ 232,000
Warren, New York 1 $ 755,000 $ 755,000 $ 2,500,000
Chatham, North Carolina 1 $ 900,000 $ 900,000 $ 528,000
Dare, North Carolina 1 $ 400,000 $ 400,000 $ 113,000
Mecklenburg, North Carolina 1 $ 840,000 $ 840,000 $ 305,000
New Hanover, North Carolina 1 $ 2,795,000 $ 2,795,000 $ 1,784,000
Wake, North Carolina 1 $ 468,000 $ 468,000 $ 194,000
Cuyahoga, Ohio 1 $ 600,000 $ 600,000 $ 775,000
Columbia, Oregon 1 $ 253,000 $ 253,000 $ 501,000
Crook, Oregon 1 $ 1,000,000 $ 1,000,000 $ 1,436,000
Hood River, Oregon 1 $ 235,000 $ 235,000 $ 140,000
Polk, Oregon 1 $ 377,000 $ 377,000 $ 150,000
Tillamook, Oregon 1 $ 416,000 $ 416,000 $ 119,000
Allegheny, Pennsylvania 1 $ 417,000 $ 417,000 $ 492,000
Delaware, Pennsylvania 1 $ 276,000 $ 276,000 $ 887,000
Lycoming, Pennsylvania 1 $ 191,000 $ 191,000 $ 240,000
Beaufort, South Carolina 1 $ 475,000 $ 475,000 $ 318,000
Galveston, Texas 1 $ 386,000 $ 386,000 $ 161,000
Montgomery, Texas 1 $ 623,000 $ 623,000 $ 171,000
Tarrant, Texas 1 $ 226,000 $ 226,000 $ 114,000
Trinity, Texas 1 $ 291,000 $ 291,000 $ 342,000
Cache, Utah 1 $ 3,835,000 $ 3,835,000 $ 0
Utah, Utah 1 $ 7,849,000 $ 7,849,000 $ 0
Rutland, Vermont 1 $ 283,000 $ 283,000 $ 537,000
Arlington, Virginia 1 $ 567,000 $ 567,000 $ 124,000
Clallam, Washington 1 $ 417,000 $ 417,000 $ 156,000
Jefferson, Washington 1 $ 350,000 $ 350,000 $ 250,000
Pierce, Washington 1 $ 157,000 $ 157,000 $ 0
San Juan, Washington 1 $ 950,000 $ 950,000 $ 823,000

Mortgage Loan Application Detail Totals for First Republic Bank in 2016

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 6,254 $5,555,883,000 $888,000 $23,075,000 $421,000 $9,999,000
Home Purchase 6,046 $7,971,999,000 $1,318,000 $90,000,000 $487,000 $9,999,000
Home Improvement 990 $1,273,117,000 $1,285,000 $55,000,000 $419,000 $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 6,515 $6,763,719,000 $1,038,000 $25,400,000 $538,000 $9,999,000
Not Provided 2,839 $3,399,111,000 $1,197,000 $20,350,000 $667,000 $9,999,000
Not applicable 1,880 $3,254,065,000 $1,730,000 $90,000,000 $0 $0
Asian 1,272 $965,798,000 $759,000 $7,105,000 $315,000 $9,999,000
Hispanic 523 $263,233,000 $503,000 $10,000,000 $201,000 $4,160,000
Black or African American 214 $132,045,000 $617,000 $8,400,000 $353,000 $4,497,000
Native Hawaiin or Other Pacific Islander 24 $9,778,000 $407,000 $1,600,000 $232,000 $2,205,000
American Indian or Alaskan Native 23 $13,250,000 $576,000 $1,590,000 $241,000 $1,331,000

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) 13,290 $14,800,999,000 $1,113,000 $90,000,000 $451,000 $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 10,533 $12,617,082,000 $1,197,000 $90,000,000 $476,000 $9,999,000
Loan Purchased By The Institution 1,174 $295,662,000 $251,000 $1,100,000 $71,000 $506,000
Application Withdrawn By Applicant 917 $1,165,133,000 $1,270,000 $22,100,000 $616,000 $9,999,000
Application Denied By Financial Institution 277 $264,024,000 $953,000 $12,000,000 $473,000 $9,999,000
File Closed For Incompleteness 246 $289,982,000 $1,178,000 $11,250,000 $539,000 $6,481,000
Application Approved But Not Accepted 143 $169,116,000 $1,182,000 $13,000,000 $481,000 $5,783,000
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 2016 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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