M&I Bank FSB Mortgage Lending & HMDA Data, 2011

In 2011, M&I Bank FSB of Cedarburg, WI reported 3,445 mortgage applications totaling $573.6 million. The average application was for $166,490, and applicants reported an average income of $51,946. 46% of its applications resulted in an originated loan and 38% were denied. Its largest markets were Milwaukee-Waukesha-West Allis, WI (224), Chicago-Joliet-Naperville, IL (219) and Kansas City, MO-KS (172) (applications in parentheses).

Mortgage Company & Address M&I Bank FSB
W57n14280 Doerr Way
Cedarburg, WI 53012
Tel #: available with data download
Federal Regulator * available with data download
Years 2011  
Total Number of Mortgage Applications 3,445
Total Mortgage Loan Application Amount $573,561,000
Average Mortgage Loan Application Amount $166,490
Highest Mortgage Loan Application Amount $731,000
Average Applicant Income $51,946
Highest Applicant Income $1,061,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records M&I Bank FSB filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 M&I Bank FSB by Metropolitan Area in 2011

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Milwaukee-Waukesha-West Allis, WI 224 $ 41,709,000 $ 186,200 $ 51,000
Chicago-Joliet-Naperville, IL 219 $ 41,548,000 $ 189,716 $ 49,000
Kansas City, MO-KS 172 $ 25,831,000 $ 150,180 $ 46,523
Minneapolis-St. Paul-Bloomington, MN-WI 163 $ 34,188,000 $ 209,742 $ 64,251
Denver-Aurora-Broomfield, CO 159 $ 31,505,000 $ 198,144 $ 60,000
Madison, WI 133 $ 24,837,000 $ 186,744 $ 38,000
St. Louis, MO-IL 111 $ 16,933,000 $ 152,549 $ 45,333
Tampa-St. Petersburg-Clearwater, FL 80 $ 11,178,000 $ 139,725 $ 51,000
Des Moines-West Des Moines, IA 76 $ 10,859,000 $ 142,881 $ 49,000
Pittsburgh, PA 62 $ 8,460,000 $ 136,451 $ 54,000
Green Bay, WI 56 $ 8,189,000 $ 146,232 $ 36,000
North Port-Bradenton-Sarasota, FL 56 $ 8,687,000 $ 155,125 $ 63,000
Warren-Troy-Farmington Hills, MI 56 $ 6,854,000 $ 122,392 $ 62,000
Mankato-North Mankato, MN 51 $ 7,160,000 $ 140,392 $ 44,000
Canton-Massillon, OH 49 $ 6,720,000 $ 137,142 $ 46,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 45 $ 17,759,000 $ 394,644 $ 96,333
Baltimore-Towson, MD 44 $ 12,433,000 $ 282,568 $ 78,000
Racine, WI 43 $ 6,613,000 $ 153,790 $ 48,000
Salt Lake City, UT 41 $ 8,570,000 $ 209,024 $ 182,000
Cleveland-Elyria-Mentor, OH 40 $ 5,587,000 $ 139,675 $ 41,000
Greenville-Mauldin-Easley, SC 31 $ 4,583,000 $ 147,838 $ 64,000
Louisville-Jefferson County, KY-IN 28 $ 4,535,000 $ 161,964 $ 48,535
Lake County-Kenosha County, IL-WI 27 $ 5,113,000 $ 189,370 $ 35,333
Columbus, OH 26 $ 3,567,000 $ 137,192 $ 45,000
Philadelphia, PA 25 $ 5,592,000 $ 223,680 $ 65,000
Phoenix-Mesa-Glendale, AZ 24 $ 4,179,000 $ 174,125 $ 79,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 22 $ 4,083,000 $ 185,590 $ 54,000
Indianapolis-Carmel, IN 22 $ 2,803,000 $ 127,409 $ 69,000
Appleton, WI 21 $ 3,045,000 $ 145,000 $ 21,000
Provo-Orem, UT 21 $ 4,087,000 $ 194,619 $ 38,000
Detroit-Livonia-Dearborn, MI 20 $ 2,034,000 $ 101,700 $ 54,000
Bethesda-Rockville-Frederick, MD 19 $ 7,671,000 $ 403,736 $ 79,000
Orlando-Kissimmee-Sanford, FL 18 $ 2,513,000 $ 139,611 $ 48,000
Wichita, KS 18 $ 1,962,000 $ 109,000 $ 65,000
Youngstown-Warren-Boardman, OH-PA 18 $ 1,531,000 $ 85,055 $ 42,666
Akron, OH 17 $ 2,435,000 $ 143,235 $ 48,000
Myrtle Beach-North Myrtle Beach-Conway, SC 16 $ 2,277,000 $ 142,312 $ 44,000
West Palm Beach-Boca Raton-Boynton Beach, FL 15 $ 2,504,000 $ 166,933 $ 61,000
Hartford-West Hartford-East Hartford, CT 14 $ 3,289,000 $ 234,928 $ 68,000
Las Vegas-Paradise, NV 14 $ 2,546,000 $ 181,857 $ 45,000
Atlanta-Sandy Springs-Marietta, GA 13 $ 1,697,000 $ 130,538 $ 37,000
Janesville, WI 13 $ 1,743,000 $ 134,076 $ 24,000
Miami-Miami Beach-Kendall, FL 13 $ 3,176,000 $ 244,307 $ 63,000
Charlotte-Gastonia-Rock Hill, NC-SC 12 $ 1,912,000 $ 159,333 $ 37,500
Omaha-Council Bluffs, NE-IA 12 $ 1,976,000 $ 164,666 $ 66,000
Duluth, MN-WI 11 $ 1,594,000 $ 144,909 $ 30,545
Lakeland-Winter Haven, FL 11 $ 1,312,000 $ 119,272 $ 36,000
New Haven-Milford, CT 11 $ 2,145,000 $ 195,000 $ 63,000
St. Cloud, MN 11 $ 1,585,000 $ 144,090 $ 35,000
Boise City-Nampa, ID 10 $ 1,552,000 $ 155,200 $ 52,000
Eau Claire, WI 10 $ 1,285,000 $ 128,500 $ 34,000
Wausau, WI 10 $ 1,481,000 $ 148,100 $ 30,000
Anderson, SC 9 $ 1,765,000 $ 196,111 $ 58,000
Joplin, MO 9 $ 970,000 $ 107,777 $ 41,000
Nashville-Davidson--Murfreesboro--Franklin, TN 9 $ 1,932,000 $ 214,666 $ 90,000
Oshkosh-Neenah, WI 9 $ 951,000 $ 105,666 $ 19,000
Rochester, MN 9 $ 1,467,000 $ 163,000 $ 44,000
Sheboygan, WI 9 $ 1,469,000 $ 163,222 $ 28,000
Spartanburg, SC 9 $ 761,000 $ 84,555 $ 36,000
Cape Coral-Fort Myers, FL 8 $ 647,000 $ 80,875 $ 39,000
Cincinnati-Middletown, OH-KY-IN 8 $ 1,429,000 $ 178,625 $ 48,000
Dayton, OH 8 $ 1,405,000 $ 175,625 $ 20,000
La Crosse, WI-MN 8 $ 1,073,000 $ 134,125 $ 38,000
Richmond, VA 8 $ 1,943,000 $ 242,875 $ 97,000
Virginia Beach-Norfolk-Newport News, VA-NC 8 $ 1,940,000 $ 242,500 $ 71,000
Lansing-East Lansing, MI 7 $ 619,000 $ 88,428 $ 49,000
Lexington-Fayette, KY 7 $ 1,070,000 $ 152,857 $ 55,000
Boulder, CO 6 $ 1,234,000 $ 205,666 $ 48,000
Columbia, SC 6 $ 1,201,000 $ 200,166 $ 52,000
Florence, SC 6 $ 745,000 $ 124,166 $ 57,000
Greeley, CO 6 $ 1,227,000 $ 204,500 $ 42,000
Ocala, FL 6 $ 571,000 $ 95,166 $ 52,000
Pocatello, ID 6 $ 736,000 $ 122,666 $ 32,000
Scranton--Wilkes-Barre, PA 6 $ 995,000 $ 165,833 $ 76,000
Seattle-Bellevue-Everett, WA 6 $ 1,771,000 $ 295,166 $ 74,000
Steubenville-Weirton, OH-WV 6 $ 547,000 $ 91,166 $ 35,000
Colorado Springs, CO 5 $ 786,000 $ 157,200 $ 64,000
Fond Du Lac, WI 5 $ 774,000 $ 154,800 $ 31,000
Fort Wayne, IN 5 $ 580,000 $ 116,000 $ 45,000
Knoxville, TN 5 $ 605,000 $ 121,000 $ 41,000
Lincoln, NE 5 $ 787,000 $ 157,400 $ 58,000
Lynchburg, VA 5 $ 1,177,000 $ 235,400 $ 30,000
Naples-Marco Island, FL 5 $ 1,157,000 $ 231,400 $ 32,000
Owensboro, KY 5 $ 567,000 $ 113,400 $ 69,000
Topeka, KS 5 $ 822,000 $ 164,400 $ 67,000
Birmingham-Hoover, AL 4 $ 580,000 $ 145,000 $ 41,000
Charleston-North Charleston-Summerville, SC 4 $ 770,000 $ 192,500 $ 69,000
Chattanooga, TN-GA 4 $ 618,000 $ 154,500 $ 49,500
Gary, IN 4 $ 665,000 $ 166,250 $ 54,000
Hickory-Lenoir-Morganton, NC 4 $ 555,000 $ 138,750 $ 31,000
Lancaster, PA 4 $ 541,000 $ 135,250 $ 59,000
Manhattan, KS 4 $ 585,000 $ 146,250 $ 51,000
Memphis, TN-MS-AR 4 $ 680,000 $ 170,000 $ 29,000
Norwich-New London, CT 4 $ 766,000 $ 191,500 $ 61,000
Ogden-Clearfield, UT 4 $ 839,000 $ 209,750 $ 82,000
Raleigh-Cary, NC 4 $ 769,000 $ 192,250 $ 88,000
Savannah, GA 4 $ 681,000 $ 170,250 $ 13,000
St. Joseph, MO-KS 4 $ 645,000 $ 161,250 $ 36,000
Wheeling, WV-OH 4 $ 564,000 $ 141,000 $ 76,000
Bridgeport-Stamford-Norwalk, CT 3 $ 1,063,000 $ 354,333 $ 117,000
Columbia, MO 3 $ 524,000 $ 174,666 $ 66,000
Columbus, IN 3 $ 321,000 $ 107,000 $ 44,000
Flint, MI 3 $ 351,000 $ 117,000 $ 55,000
Hagerstown-Martinsburg, MD-WV 3 $ 380,000 $ 126,666 $ 30,000
Pensacola-Ferry Pass-Brent, FL 3 $ 662,000 $ 220,666 $ 90,000
Portland-Vancouver-Hillsboro, OR-WA 3 $ 834,000 $ 278,000 $ 16,000
Punta Gorda, FL 3 $ 401,000 $ 133,666 $ 50,000
Roanoke, VA 3 $ 551,000 $ 183,666 $ 62,000
Springfield, IL 3 $ 397,000 $ 132,333 $ 69,000
St. George, UT 3 $ 625,000 $ 208,333 $ 33,000
Toledo, OH 3 $ 484,000 $ 161,333 $ 63,000
Waterloo-Cedar Falls, IA 3 $ 603,000 $ 201,000 $ 91,000
Allentown-Bethlehem-Easton, PA-NJ 2 $ 360,000 $ 180,000 $ 51,000
Ames, IA 2 $ 198,000 $ 99,000 $ 85,000
Ann Arbor, MI 2 $ 377,000 $ 188,500 $ 95,000
Bowling Green, KY 2 $ 328,000 $ 164,000 $ 33,000
Burlington, NC 2 $ 403,000 $ 201,500 $ 67,000
Cedar Rapids, IA 2 $ 513,000 $ 256,500 $ 76,000
Champaign-Urbana, IL 2 $ 237,000 $ 118,500 $ 59,000
Crestview-Fort Walton Beach-Destin, FL 2 $ 345,000 $ 172,500 $ 55,000
Danville, VA 2 $ 156,000 $ 78,000 $ 54,000
Deltona-Daytona Beach-Ormond Beach, FL 2 $ 191,000 $ 95,500 $ 46,000
Durham-Chapel Hill, NC 2 $ 335,000 $ 167,500 $ 51,000
Elizabethtown, KY 2 $ 485,000 $ 242,500 $ 58,000
Evansville, IN-KY 2 $ 187,000 $ 93,500 $ 53,500
Fargo, ND-MN 2 $ 234,000 $ 117,000 $ 15,000
Fort Collins-Loveland, CO 2 $ 351,000 $ 175,500 $ 49,000
Grand Forks, ND-MN 2 $ 220,000 $ 110,000 $ 57,000
Grand Rapids-Wyoming, MI 2 $ 127,000 $ 63,500 $ 24,000
Iowa City, IA 2 $ 273,000 $ 136,500 $ 23,000
Jacksonville, FL 2 $ 735,000 $ 367,500 $ 79,000
Tucson, AZ 2 $ 195,000 $ 97,500 $ 29,000
Warner Robins, GA 2 $ 207,000 $ 103,500 $ 44,000
York-Hanover, PA 2 $ 304,000 $ 152,000 $ 45,000
Anderson, IN 1 $ 68,000 $ 68,000 $ 39,000
Anniston-Oxford, AL 1 $ 201,000 $ 201,000 $ 92,000
Athens-Clarke County, GA 1 $ 289,000 $ 289,000 $ 0
Augusta-Richmond County, GA-SC 1 $ 204,000 $ 204,000 $ 0
Blacksburg-Christiansburg-Radford, VA 1 $ 155,000 $ 155,000 $ 46,000
Bloomington, IN 1 $ 95,000 $ 95,000 $ 0
Cape Girardeau-Jackson, MO-IL 1 $ 117,000 $ 117,000 $ 49,000
Cheyenne, WY 1 $ 109,000 $ 109,000 $ 24,000
Dalton, GA 1 $ 110,000 $ 110,000 $ 0
Davenport-Moline-Rock Island, IA-IL 1 $ 189,000 $ 189,000 $ 0
Greenville, NC 1 $ 165,000 $ 165,000 $ 78,000
Harrisburg-Carlisle, PA 1 $ 147,000 $ 147,000 $ 82,000
Harrisonburg, VA 1 $ 219,000 $ 219,000 $ 50,000
Huntsville, AL 1 $ 264,000 $ 264,000 $ 96,000
Kalamazoo-Portage, MI 1 $ 63,000 $ 63,000 $ 26,000
Kankakee-Bradley, IL 1 $ 151,000 $ 151,000 $ 0
Lawrence, KS 1 $ 122,000 $ 122,000 $ 0
Lebanon, PA 1 $ 133,000 $ 133,000 $ 0
Logan, UT-ID 1 $ 140,000 $ 140,000 $ 0
Macon, GA 1 $ 167,000 $ 167,000 $ 52,000
Mansfield, OH 1 $ 158,000 $ 158,000 $ 76,000
Michigan City-La Porte, IN 1 $ 183,000 $ 183,000 $ 75,000
Mobile, AL 1 $ 151,000 $ 151,000 $ 51,000
Monroe, MI 1 $ 121,000 $ 121,000 $ 134,000
Montgomery, AL 1 $ 172,000 $ 172,000 $ 51,000
Muncie, IN 1 $ 111,000 $ 111,000 $ 61,000
Oxnard-Thousand Oaks-Ventura, CA 1 $ 221,000 $ 221,000 $ 67,000
Palm Bay-Melbourne-Titusville, FL 1 $ 164,000 $ 164,000 $ 33,000
Port St. Lucie, FL 1 $ 219,000 $ 219,000 $ 80,000
Providence-New Bedford-Fall River, RI-MA 1 $ 97,000 $ 97,000 $ 28,000
Rapid City, SD 1 $ 198,000 $ 198,000 $ 104,000
Reading, PA 1 $ 199,000 $ 199,000 $ 83,000
Salisbury, MD 1 $ 174,000 $ 174,000 $ 0
South Bend-Mishawaka, IN-MI 1 $ 184,000 $ 184,000 $ 85,000
Springfield, MO 1 $ 89,000 $ 89,000 $ 0
Tacoma, WA 1 $ 294,000 $ 294,000 $ 77,000
Tallahassee, FL 1 $ 274,000 $ 274,000 $ 67,000
Williamsport, PA 1 $ 133,000 $ 133,000 $ 71,000
Wilmington, DE-MD-NJ 1 $ 245,000 $ 245,000 $ 86,000
Wilmington, NC 1 $ 197,000 $ 197,000 $ 46,000
Winston-Salem, NC 1 $ 126,000 $ 126,000 $ 0

Mortgage Loan Application Detail Totals for M&I Bank FSB 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 1,740 $320,079,000 $183,000 $700,000 $43,000 $1,061,000
Home Purchase 1,662 $246,918,000 $148,000 $731,000 $61,000 $897,000
Home Improvement 43 $6,564,000 $152,000 $668,000 $64,000 $138,000

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 2,700 $451,146,000 $167,000 $700,000 $54,000 $1,061,000
Black or African American 249 $40,833,000 $163,000 $571,000 $44,000 $216,000
Hispanic 237 $34,778,000 $146,000 $629,000 $41,000 $220,000
Not Provided 173 $29,069,000 $168,000 $569,000 $49,000 $197,000
Asian 67 $14,376,000 $214,000 $731,000 $69,000 $296,000
American Indian or Alaskan Native 9 $1,589,000 $176,000 $294,000 $36,000 $77,000
Native Hawaiian or Other Pacific Islander 8 $1,193,000 $149,000 $313,000 $68,000 $190,000
Not applicable 2 $577,000 $288,000 $300,000 $264,000 $529,000

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
FHA-insured (Federal Housing Administration) 2,662 $454,288,000 $170,000 $731,000 $47,000 $1,061,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 474 $57,281,000 $120,000 $396,000 $43,000 $125,000
VA-guaranteed (Veterans Administration) 213 $40,558,000 $190,000 $670,000 $69,000 $217,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 96 $21,434,000 $223,000 $700,000 $198,000 $897,000

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 1,590 $264,098,000 $166,000 $731,000 $54,000 $1,061,000
Application Denied By Financial Institution 1,316 $219,057,000 $166,000 $695,000 $51,000 $516,000
Application Withdrawn By Applicant 334 $56,234,000 $168,000 $629,000 $50,000 $676,000
File Closed For Incompleteness 161 $28,786,000 $178,000 $501,000 $52,000 $190,000
Preapproval Denied by Financial Institution 32 $3,171,000 $99,000 $208,000 $51,000 $135,000
Application Approved But Not Accepted 11 $1,938,000 $176,000 $264,000 $56,000 $395,000
Loan Purchased By The Institution 1 $277,000 $277,000 $277,000 $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 377 $56,211,000 $149,000 $571,000 $50,000 $516,000
Collateral 375 $63,491,000 $169,000 $497,000 $63,000 $299,000
Debt-To-Income Ratio 308 $50,684,000 $164,000 $695,000 $42,000 $248,000
Other 124 $25,032,000 $201,000 $670,000 $45,000 $240,000
Unverifiable Information 67 $11,070,000 $165,000 $407,000 $55,000 $217,000
Employment History 44 $6,652,000 $151,000 $584,000 $37,000 $181,000
Insufficient Cash (Downpayment, Closing Cost) 31 $5,541,000 $178,000 $343,000 $36,000 $175,000
Credit Application Incomplete 22 $3,547,000 $161,000 $345,000 $56,000 $192,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into M&I Bank FSB'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 M&I Bank FSB'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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