Johnson Bank Mortgage Lending & HMDA Data, 2009

In 2009, Johnson Bank of Racine, WI reported 12,039 mortgage applications totaling $2.3 billion, up 110% from 2008. The average application was for $194,516, and applicants reported an average income of $116,527. 78% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Milwaukee-Waukesha-West Allis, WI (2,055), Racine, WI (1,639) and Madison, WI (1,399) (applications in parentheses).

Mortgage Company & Address Johnson Bank
555 Main Street Suite 490
Racine, WI 53403
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 12,039
Total Mortgage Loan Application Amount $2,341,790,000
Average Mortgage Loan Application Amount $194,516
Highest Mortgage Loan Application Amount $3,000,000
Average Applicant Income $116,527
Highest Applicant Income $4,678,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Johnson Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Johnson Bank by County in 2009

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Racine, Wisconsin 1,639 $ 257,276,000 $ 156,971 $ 94,000
Dane, Wisconsin 1,334 $ 294,028,000 $ 220,410 $ 136,000
Kenosha, Wisconsin 1,307 $ 222,132,000 $ 169,955 $ 96,000
Rock, Wisconsin 995 $ 137,330,000 $ 138,020 $ 83,000
Milwaukee, Wisconsin 993 $ 191,231,000 $ 192,579 $ 112,000
Waukesha, Wisconsin 814 $ 200,737,000 $ 246,605 $ 137,000
Maricopa, Arizona 597 $ 242,521,000 $ 406,232 $ 224,000
Sheboygan, Wisconsin 476 $ 76,535,000 $ 160,787 $ 100,000
Sawyer, Wisconsin 437 $ 74,944,000 $ 171,496 $ 104,000
Barron, Wisconsin 342 $ 48,766,000 $ 142,590 $ 79,000
Jefferson, Wisconsin 278 $ 41,932,000 $ 150,834 $ 80,000
Brown, Wisconsin 250 $ 44,154,000 $ 176,616 $ 100,000
Washburn, Wisconsin 235 $ 37,649,000 $ 160,208 $ 97,000
Outagamie, Wisconsin 176 $ 33,340,000 $ 189,431 $ 124,000
Walworth, Wisconsin 165 $ 36,005,000 $ 218,212 $ 122,000
Door, Wisconsin 126 $ 32,905,000 $ 261,150 $ 218,000
Ozaukee, Wisconsin 125 $ 36,554,000 $ 292,432 $ 210,000
Washington, Wisconsin 123 $ 23,696,000 $ 192,650 $ 99,000
Winnebago, Wisconsin 76 $ 17,357,000 $ 228,381 $ 131,000
Bayfield, Wisconsin 72 $ 14,331,000 $ 199,041 $ 132,000
Burnett, Wisconsin 58 $ 9,825,000 $ 169,396 $ 99,000
Cook, Illinois 56 $ 17,325,000 $ 309,375 $ 157,000
Columbia, Wisconsin 55 $ 11,150,000 $ 202,727 $ 87,000
Eau Claire, Wisconsin 55 $ 7,131,000 $ 129,654 $ 79,000
Dunn, Wisconsin 52 $ 7,329,000 $ 140,942 $ 72,000
Lake, Illinois 44 $ 13,381,000 $ 304,113 $ 174,000
Vilas, Wisconsin 35 $ 8,046,000 $ 229,885 $ 211,000
Calumet, Wisconsin 32 $ 6,888,000 $ 215,250 $ 138,000
Oconto, Wisconsin 30 $ 5,046,000 $ 168,200 $ 102,000
Chippewa, Wisconsin 27 $ 4,308,000 $ 159,555 $ 98,000
Oneida, Wisconsin 26 $ 4,996,000 $ 192,153 $ 209,000
Rusk, Wisconsin 25 $ 3,803,000 $ 152,120 $ 95,000
Sauk, Wisconsin 24 $ 4,454,000 $ 185,583 $ 146,000
Manitowoc, Wisconsin 23 $ 3,947,000 $ 171,608 $ 140,000
Marathon, Wisconsin 23 $ 4,924,000 $ 214,086 $ 180,000
Waupaca, Wisconsin 23 $ 3,658,000 $ 159,043 $ 81,000
Waushara, Wisconsin 22 $ 3,673,000 $ 166,954 $ 245,000
Dodge, Wisconsin 21 $ 3,592,000 $ 171,047 $ 100,000
Coconino, Arizona 20 $ 7,996,000 $ 399,800 $ 257,000
Adams, Wisconsin 20 $ 2,926,000 $ 146,300 $ 130,000
Douglas, Wisconsin 20 $ 3,398,000 $ 169,900 $ 99,000
Fond du Lac, Wisconsin 20 $ 2,803,000 $ 140,150 $ 83,000
St. Croix, Wisconsin 18 $ 3,903,000 $ 216,833 $ 107,000
Hennepin, Minnesota 17 $ 4,344,000 $ 255,529 $ 107,000
Shawano, Wisconsin 16 $ 2,796,000 $ 174,750 $ 124,000
Green, Wisconsin 15 $ 3,257,000 $ 217,133 $ 97,000
Green Lake, Wisconsin 15 $ 3,808,000 $ 253,866 $ 276,000
Navajo, Arizona 14 $ 4,229,000 $ 302,071 $ 185,000
Pima, Arizona 13 $ 3,040,000 $ 233,846 $ 208,000
Pinal, Arizona 13 $ 2,859,000 $ 219,923 $ 351,000
Yavapai, Arizona 12 $ 4,118,000 $ 343,166 $ 195,000
Ramsey, Minnesota 12 $ 2,339,000 $ 194,916 $ 155,000
Lee, Florida 10 $ 1,851,000 $ 185,100 $ 156,000
DuPage, Illinois 10 $ 2,617,000 $ 261,700 $ 147,000
Dakota, Minnesota 10 $ 2,341,000 $ 234,100 $ 176,000
Iowa, Wisconsin 10 $ 2,732,000 $ 273,200 $ 190,000
Marinette, Wisconsin 10 $ 1,509,000 $ 150,900 $ 107,000
Winnebago, Illinois 9 $ 1,144,000 $ 127,111 $ 84,000
Washington, Minnesota 9 $ 1,725,000 $ 191,666 $ 137,000
Forest, Wisconsin 9 $ 1,851,000 $ 205,666 $ 156,000
Langlade, Wisconsin 7 $ 1,554,000 $ 222,000 $ 123,000
Portage, Wisconsin 7 $ 849,000 $ 121,285 $ 43,000
Mohave, Arizona 6 $ 916,000 $ 152,666 $ 80,000
Marquette, Wisconsin 6 $ 1,093,000 $ 182,166 $ 133,000
Polk, Wisconsin 6 $ 1,053,000 $ 175,500 $ 153,000
Gila, Arizona 5 $ 1,769,000 $ 353,800 $ 431,000
San Diego, California 5 $ 2,922,000 $ 584,400 $ 822,000
McHenry, Illinois 5 $ 1,378,000 $ 275,600 $ 100,000
Will, Illinois 5 $ 1,160,000 $ 232,000 $ 195,000
Iron, Michigan 5 $ 796,000 $ 159,200 $ 110,000
Kewaunee, Wisconsin 5 $ 997,000 $ 199,400 $ 175,000
Vernon, Wisconsin 5 $ 570,000 $ 114,000 $ 95,000
La Plata, Colorado 4 $ 1,012,000 $ 253,000 $ 178,000
Collier, Florida 4 $ 1,131,000 $ 282,750 $ 238,000
Iron, Wisconsin 4 $ 772,000 $ 193,000 $ 132,000
Juneau, Wisconsin 4 $ 414,000 $ 103,500 $ 98,000
Lincoln, Wisconsin 4 $ 545,000 $ 136,250 $ 156,000
Garfield, Colorado 3 $ 979,000 $ 326,333 $ 144,000
Volusia, Florida 3 $ 350,000 $ 116,666 $ 246,000
Anoka, Minnesota 3 $ 734,000 $ 244,666 $ 103,000
St. Louis, Minnesota 3 $ 796,000 $ 265,333 $ 147,000
Clark, Nevada 3 $ 411,000 $ 137,000 $ 89,000
Ashland, Wisconsin 3 $ 720,000 $ 240,000 $ 115,000
Grant, Wisconsin 3 $ 822,000 $ 274,000 $ 169,000
La Crosse, Wisconsin 3 $ 478,000 $ 159,333 $ 120,000
Pierce, Wisconsin 3 $ 526,000 $ 175,333 $ 111,000
Price, Wisconsin 3 $ 250,000 $ 83,333 $ 98,000
Richland, Wisconsin 3 $ 302,000 $ 100,666 $ 49,000
Trempealeau, Wisconsin 3 $ 220,000 $ 73,333 $ 44,000
Los Angeles, California 2 $ 834,000 $ 417,000 $ 474,000
Orange, California 2 $ 479,000 $ 239,500 $ 29,000
Broward, Florida 2 $ 683,000 $ 341,500 $ 434,000
Escambia, Florida 2 $ 585,000 $ 292,500 $ 356,000
Lake, Florida 2 $ 273,000 $ 136,500 $ 82,000
Monroe, Florida 2 $ 637,000 $ 318,500 $ 189,000
Polk, Florida 2 $ 264,000 $ 132,000 $ 152,000
Sarasota, Florida 2 $ 430,000 $ 215,000 $ 542,000
Boone, Illinois 2 $ 779,000 $ 389,500 $ 231,000
Jo Daviess, Illinois 2 $ 426,000 $ 213,000 $ 204,000
Kane, Illinois 2 $ 691,000 $ 345,500 $ 175,000
Kendall, Illinois 2 $ 303,000 $ 151,500 $ 76,000
Alger, Michigan 2 $ 312,000 $ 156,000 $ 153,000
Menominee, Michigan 2 $ 283,000 $ 141,500 $ 174,000
Dodge, Minnesota 2 $ 481,000 $ 240,500 $ 114,000
Kanabec, Minnesota 2 $ 310,000 $ 155,000 $ 64,000
Scott, Minnesota 2 $ 227,000 $ 113,500 $ 99,000
Beaufort, South Carolina 2 $ 716,000 $ 358,000 $ 187,000
Florence, South Carolina 2 $ 120,000 $ 60,000 $ 35,000
Lafayette, Wisconsin 2 $ 307,000 $ 153,500 $ 189,000
Pepin, Wisconsin 2 $ 195,000 $ 97,500 $ 38,000
Cochise, Arizona 1 $ 537,000 $ 537,000 $ 211,000
Humboldt, California 1 $ 300,000 $ 300,000 $ 230,000
Nevada, California 1 $ 650,000 $ 650,000 $ 638,000
Riverside, California 1 $ 375,000 $ 375,000 $ 0
San Bernardino, California 1 $ 236,000 $ 236,000 $ 157,000
San Luis Obispo, California 1 $ 1,320,000 $ 1,320,000 $ 500,000
Denver, Colorado 1 $ 237,000 $ 237,000 $ 40,000
Douglas, Colorado 1 $ 181,000 $ 181,000 $ 103,000
Eagle, Colorado 1 $ 417,000 $ 417,000 $ 181,000
Grand, Colorado 1 $ 294,000 $ 294,000 $ 356,000
Hinsdale, Colorado 1 $ 246,000 $ 246,000 $ 150,000
Larimer, Colorado 1 $ 246,000 $ 246,000 $ 61,000
Routt, Colorado 1 $ 417,000 $ 417,000 $ 295,000
Citrus, Florida 1 $ 100,000 $ 100,000 $ 109,000
Hendry, Florida 1 $ 52,000 $ 52,000 $ 90,000
Marion, Florida 1 $ 90,000 $ 90,000 $ 163,000
Martin, Florida 1 $ 65,000 $ 65,000 $ 120,000
Miami-Dade, Florida 1 $ 194,000 $ 194,000 $ 618,000
Okaloosa, Florida 1 $ 380,000 $ 380,000 $ 121,000
Osceola, Florida 1 $ 288,000 $ 288,000 $ 379,000
Pasco, Florida 1 $ 358,000 $ 358,000 $ 270,000
Pinellas, Florida 1 $ 110,000 $ 110,000 $ 213,000
Knox, Illinois 1 $ 73,000 $ 73,000 $ 67,000
McDonough, Illinois 1 $ 127,000 $ 127,000 $ 210,000
Rock Island, Illinois 1 $ 35,000 $ 35,000 $ 113,000
Sangamon, Illinois 1 $ 158,000 $ 158,000 $ 50,000
Whiteside, Illinois 1 $ 34,000 $ 34,000 $ 101,000
Delta, Michigan 1 $ 65,000 $ 65,000 $ 101,000
Gogebic, Michigan 1 $ 665,000 $ 665,000 $ 561,000
Houghton, Michigan 1 $ 358,000 $ 358,000 $ 414,000
Kalamazoo, Michigan 1 $ 140,000 $ 140,000 $ 69,000
Blue Earth, Minnesota 1 $ 90,000 $ 90,000 $ 20,000
Carver, Minnesota 1 $ 249,000 $ 249,000 $ 215,000
Cass, Minnesota 1 $ 323,000 $ 323,000 $ 144,000
Clay, Minnesota 1 $ 122,000 $ 122,000 $ 408,000
Cook, Minnesota 1 $ 75,000 $ 75,000 $ 234,000
Douglas, Minnesota 1 $ 216,000 $ 216,000 $ 55,000
Freeborn, Minnesota 1 $ 120,000 $ 120,000 $ 110,000
Kandiyohi, Minnesota 1 $ 109,000 $ 109,000 $ 42,000
Mille Lacs, Minnesota 1 $ 333,000 $ 333,000 $ 0
Olmsted, Minnesota 1 $ 176,000 $ 176,000 $ 84,000
Winona, Minnesota 1 $ 176,000 $ 176,000 $ 105,000
Jones, Mississippi 1 $ 12,000 $ 12,000 $ 100,000
Dona Ana, New Mexico 1 $ 67,000 $ 67,000 $ 24,000
Taos, New Mexico 1 $ 280,000 $ 280,000 $ 205,000
Berkeley, South Carolina 1 $ 320,000 $ 320,000 $ 188,000
Georgetown, South Carolina 1 $ 260,000 $ 260,000 $ 225,000
Greenville, South Carolina 1 $ 120,000 $ 120,000 $ 92,000
Horry, South Carolina 1 $ 417,000 $ 417,000 $ 300,000
Pickens, South Carolina 1 $ 397,000 $ 397,000 $ 540,000
York, South Carolina 1 $ 179,000 $ 179,000 $ 120,000
Kane, Utah 1 $ 100,000 $ 100,000 $ 331,000
Salt Lake, Utah 1 $ 417,000 $ 417,000 $ 425,000
Buffalo, Wisconsin 1 $ 110,000 $ 110,000 $ 50,000
Florence, Wisconsin 1 $ 117,000 $ 117,000 $ 90,000
Menominee, Wisconsin 1 $ 108,000 $ 108,000 $ 108,000
Monroe, Wisconsin 1 $ 85,000 $ 85,000 $ 107,000
Wood, Wisconsin 1 $ 283,000 $ 283,000 $ 106,000

Mortgage Loan Application Detail Totals for Johnson Bank in 2009

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 9,052 $1,725,431,000 $190,000 $3,000,000 $116,000 $4,678,000
Home Purchase 2,933 $602,949,000 $205,000 $3,000,000 $118,000 $2,915,000
Home Improvement 54 $13,410,000 $248,000 $3,000,000 $125,000 $780,000

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 11,316 $2,184,328,000 $193,000 $3,000,000 $116,000 $4,678,000
Hispanic 203 $36,301,000 $178,000 $2,275,000 $83,000 $800,000
Asian 161 $40,143,000 $249,000 $2,310,000 $153,000 $1,915,000
Black or African American 138 $21,201,000 $153,000 $600,000 $78,000 $537,000
Not Provided 132 $42,752,000 $323,000 $2,037,000 $196,000 $1,980,000
Not applicable 39 $6,537,000 $167,000 $573,000 $0 $0
Native Hawaiian or Other Pacific Islander 33 $7,538,000 $228,000 $1,350,000 $186,000 $850,000
American Indian or Alaskan Native 17 $2,990,000 $175,000 $417,000 $164,000 $800,000

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) 12,039 $2,341,790,000 $194,000 $3,000,000 $116,000 $4,678,000
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 9,439 $1,771,401,000 $187,000 $3,000,000 $118,000 $4,678,000
Application Withdrawn By Applicant 1,041 $250,168,000 $240,000 $3,000,000 $133,000 $4,200,000
Application Denied By Financial Institution 700 $162,702,000 $232,000 $2,130,000 $100,000 $2,400,000
Application Approved But Not Accepted 368 $77,553,000 $210,000 $3,000,000 $124,000 $2,183,000
Preapproval Denied by Financial Institution 323 $38,442,000 $119,000 $960,000 $52,000 $582,000
File Closed For Incompleteness 168 $41,524,000 $247,000 $2,100,000 $118,000 $1,925,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 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
Credit History 411 $58,157,000 $141,000 $960,000 $70,000 $630,000
Debt-To-Income Ratio 341 $75,663,000 $221,000 $2,130,000 $59,000 $753,000
Collateral 178 $47,741,000 $268,000 $1,600,000 $149,000 $2,400,000
Other 45 $10,060,000 $223,000 $1,368,000 $168,000 $1,915,000
Employment History 29 $5,296,000 $182,000 $680,000 $73,000 $300,000
Insufficient Cash (Downpayment, Closing Cost) 10 $2,587,000 $258,000 $964,000 $112,000 $548,000
Unverifiable Information 5 $1,189,000 $237,000 $403,000 $68,000 $144,000
Credit Application Incomplete 3 $391,000 $130,000 $250,000 $168,000 $319,000
Mortgage Insurance Denied 1 $60,000 $60,000 $60,000 $55,000 $55,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Johnson Bank's 2009 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 Johnson 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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