Mainsource Bank Mortgage Lending & HMDA Data, 2013

In 2013, Mainsource Bank of Greensburg, IN reported 5,606 mortgage applications totaling $612.1 million, down 12% from 2012. The average application was for $109,191, and applicants reported an average income of $72,985. 59% of its applications resulted in an originated loan and 24% were denied. Its largest markets were Louisville/Jefferson County, KY-IN (669), Indianapolis-Carmel, IN (475) and Columbus, IN (474) (applications in parentheses).

Mortgage Company & Address Mainsource Bank
2105 N State Rd 3 Bypass
Greensburg, IN 47240
Tel #: available with data download
Federal Regulator * available with data download
Years 2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 5,606
Total Mortgage Loan Application Amount $612,126,000
Average Mortgage Loan Application Amount $109,191
Highest Mortgage Loan Application Amount $2,400,000
Average Applicant Income $72,985
Highest Applicant Income $1,851,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Mainsource Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Mainsource Bank by County in 2013

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Bartholomew, Indiana 474 $ 79,143,000 $ 166,968 $ 110,000
Jefferson, Indiana 334 $ 30,907,000 $ 92,535 $ 65,000
Floyd, Indiana 270 $ 31,834,000 $ 117,903 $ 75,000
Franklin, Indiana 236 $ 24,946,000 $ 105,703 $ 66,000
Decatur, Indiana 235 $ 26,611,000 $ 113,238 $ 54,000
Lake, Indiana 216 $ 23,348,000 $ 108,092 $ 76,000
Clark, Indiana 194 $ 23,002,000 $ 118,567 $ 61,000
Johnson, Indiana 189 $ 22,991,000 $ 121,645 $ 78,000
Miami, Ohio 166 $ 20,642,000 $ 124,349 $ 77,000
Wayne, Indiana 162 $ 14,215,000 $ 87,746 $ 66,000
Jackson, Indiana 156 $ 25,685,000 $ 164,647 $ 108,000
Ripley, Indiana 154 $ 17,332,000 $ 112,545 $ 66,000
Fayette, Indiana 152 $ 10,340,000 $ 68,026 $ 57,000
Rush, Indiana 150 $ 10,982,000 $ 73,213 $ 62,000
Montgomery, Indiana 144 $ 10,449,000 $ 72,562 $ 67,000
Switzerland, Indiana 135 $ 12,392,000 $ 91,792 $ 57,000
Greene, Indiana 129 $ 8,730,000 $ 67,674 $ 59,000
Henry, Indiana 126 $ 8,534,000 $ 67,730 $ 58,000
Jay, Indiana 111 $ 7,494,000 $ 67,513 $ 58,000
Jennings, Indiana 105 $ 7,551,000 $ 71,914 $ 55,000
Kankakee, Illinois 98 $ 8,363,000 $ 85,336 $ 68,000
Marion, Indiana 95 $ 14,740,000 $ 155,157 $ 115,000
Anderson, Kentucky 94 $ 10,201,000 $ 108,521 $ 65,000
Dearborn, Indiana 90 $ 9,657,000 $ 107,300 $ 73,000
Shelby, Indiana 89 $ 9,753,000 $ 109,584 $ 67,000
Mercer, Kentucky 87 $ 9,113,000 $ 104,747 $ 64,000
Madison, Indiana 80 $ 5,427,000 $ 67,837 $ 58,000
Porter, Indiana 74 $ 8,232,000 $ 111,243 $ 72,000
Vermilion, Illinois 62 $ 3,133,000 $ 50,532 $ 54,000
Harrison, Indiana 62 $ 7,239,000 $ 116,758 $ 64,000
Iroquois, Illinois 59 $ 3,940,000 $ 66,779 $ 66,000
Franklin, Kentucky 59 $ 6,080,000 $ 103,050 $ 78,000
Jefferson, Kentucky 59 $ 14,431,000 $ 244,593 $ 99,000
Randolph, Indiana 49 $ 3,145,000 $ 64,183 $ 53,000
Warren, Indiana 46 $ 3,461,000 $ 75,239 $ 52,000
Shelby, Kentucky 45 $ 6,229,000 $ 138,422 $ 78,000
Fountain, Indiana 42 $ 3,775,000 $ 89,880 $ 64,000
Crawford, Indiana 36 $ 2,699,000 $ 74,972 $ 52,000
Ohio, Indiana 36 $ 3,113,000 $ 86,472 $ 60,000
Hamilton, Indiana 29 $ 8,567,000 $ 295,413 $ 189,000
Newton, Indiana 26 $ 1,232,000 $ 47,384 $ 58,000
Scott, Indiana 24 $ 1,993,000 $ 83,041 $ 72,000
Hancock, Indiana 23 $ 1,732,000 $ 75,304 $ 57,000
Monroe, Indiana 20 $ 3,008,000 $ 150,400 $ 79,000
Brown, Indiana 17 $ 2,261,000 $ 133,000 $ 53,000
Montgomery, Ohio 17 $ 1,082,000 $ 63,647 $ 66,000
Trimble, Kentucky 15 $ 2,136,000 $ 142,400 $ 96,000
Clay, Indiana 14 $ 657,000 $ 46,928 $ 50,000
Hendricks, Indiana 14 $ 2,491,000 $ 177,928 $ 116,000
Tippecanoe, Indiana 14 $ 1,429,000 $ 102,071 $ 66,000
Sullivan, Indiana 13 $ 505,000 $ 38,846 $ 53,000
Delaware, Indiana 12 $ 1,107,000 $ 92,250 $ 96,000
Hamilton, Ohio 12 $ 1,612,000 $ 134,333 $ 97,000
Morgan, Indiana 11 $ 1,828,000 $ 166,181 $ 88,000
Fayette, Kentucky 9 $ 1,290,000 $ 143,333 $ 92,000
Washington, Indiana 8 $ 681,000 $ 85,125 $ 62,000
Union, Indiana 7 $ 329,000 $ 47,000 $ 45,000
Champaign, Illinois 6 $ 482,000 $ 80,333 $ 77,000
Boone, Indiana 6 $ 809,000 $ 134,833 $ 82,000
Daviess, Indiana 6 $ 404,000 $ 67,333 $ 48,000
Butler, Ohio 6 $ 751,000 $ 125,166 $ 90,000
Darke, Ohio 6 $ 515,000 $ 85,833 $ 44,000
Lee, Florida 5 $ 911,000 $ 182,200 $ 239,000
Jasper, Indiana 5 $ 715,000 $ 143,000 $ 65,000
LaPorte, Indiana 5 $ 807,000 $ 161,400 $ 119,000
Lawrence, Indiana 5 $ 246,000 $ 49,200 $ 25,000
Orange, Indiana 5 $ 610,000 $ 122,000 $ 151,000
Henry, Kentucky 5 $ 930,000 $ 186,000 $ 362,000
Kosciusko, Indiana 4 $ 374,000 $ 93,500 $ 97,000
Owen, Indiana 4 $ 226,000 $ 56,500 $ 53,000
Parke, Indiana 4 $ 1,730,000 $ 432,500 $ 195,000
White, Indiana 4 $ 663,000 $ 165,750 $ 101,000
Boyle, Kentucky 4 $ 477,000 $ 119,250 $ 81,000
Bullitt, Kentucky 4 $ 636,000 $ 159,000 $ 66,000
Carroll, Kentucky 4 $ 418,000 $ 104,500 $ 81,000
Franklin, Ohio 4 $ 215,000 $ 53,750 $ 41,000
Will, Illinois 3 $ 219,000 $ 73,000 $ 60,000
Benton, Indiana 3 $ 199,000 $ 66,333 $ 47,000
Vermillion, Indiana 3 $ 393,000 $ 131,000 $ 147,000
Oldham, Kentucky 3 $ 669,000 $ 223,000 $ 45,000
Greene, Ohio 3 $ 440,000 $ 146,666 $ 55,000
Warren, Ohio 3 $ 623,000 $ 207,666 $ 108,000
Manatee, Florida 2 $ 101,000 $ 50,500 $ 27,000
Monroe, Florida 2 $ 443,000 $ 221,500 $ 93,000
Cook, Illinois 2 $ 111,000 $ 55,500 $ 168,000
Adams, Indiana 2 $ 154,000 $ 77,000 $ 56,000
Dubois, Indiana 2 $ 173,000 $ 86,500 $ 56,000
Gibson, Indiana 2 $ 246,000 $ 123,000 $ 60,000
Knox, Indiana 2 $ 27,000 $ 13,500 $ 32,000
Putnam, Indiana 2 $ 187,000 $ 93,500 $ 69,000
Starke, Indiana 2 $ 262,000 $ 131,000 $ 61,000
Vigo, Indiana 2 $ 162,000 $ 81,000 $ 93,000
Breckinridge, Kentucky 2 $ 76,000 $ 38,000 $ 159,000
Casey, Kentucky 2 $ 93,000 $ 46,500 $ 13,000
Gallatin, Kentucky 2 $ 136,000 $ 68,000 $ 95,000
Madison, Kentucky 2 $ 29,000 $ 14,500 $ 25,000
Meade, Kentucky 2 $ 358,000 $ 179,000 $ 97,000
Scott, Kentucky 2 $ 259,000 $ 129,500 $ 51,000
Woodford, Kentucky 2 $ 424,000 $ 212,000 $ 112,000
Middlesex, Massachusetts 2 $ 510,000 $ 255,000 $ 46,000
Auglaize, Ohio 2 $ 25,000 $ 12,500 $ 17,000
Champaign, Ohio 2 $ 303,000 $ 151,500 $ 63,000
Clark, Ohio 2 $ 841,000 $ 420,500 $ 20,000
Mercer, Ohio 2 $ 495,000 $ 247,500 $ 61,000
Shelby, Ohio 2 $ 313,000 $ 156,500 $ 59,000
Wayne, Ohio 2 $ 45,000 $ 22,500 $ 34,000
Faulkner, Arkansas 1 $ 168,000 $ 168,000 $ 94,000
Charlotte, Florida 1 $ 170,000 $ 170,000 $ 135,000
Orange, Florida 1 $ 200,000 $ 200,000 $ 215,000
Lumpkin, Georgia 1 $ 143,000 $ 143,000 $ 82,000
Ford, Illinois 1 $ 4,000 $ 4,000 $ 26,000
Grundy, Illinois 1 $ 90,000 $ 90,000 $ 61,000
Henry, Illinois 1 $ 67,000 $ 67,000 $ 61,000
Livingston, Illinois 1 $ 97,000 $ 97,000 $ 35,000
Marion, Illinois 1 $ 55,000 $ 55,000 $ 33,000
Mason, Illinois 1 $ 52,000 $ 52,000 $ 58,000
Sangamon, Illinois 1 $ 87,000 $ 87,000 $ 70,000
St. Clair, Illinois 1 $ 19,000 $ 19,000 $ 37,000
Allen, Indiana 1 $ 152,000 $ 152,000 $ 79,000
Blackford, Indiana 1 $ 68,000 $ 68,000 $ 67,000
Cass, Indiana 1 $ 9,000 $ 9,000 $ 38,000
Clinton, Indiana 1 $ 127,000 $ 127,000 $ 60,000
Elkhart, Indiana 1 $ 96,000 $ 96,000 $ 37,000
Fulton, Indiana 1 $ 275,000 $ 275,000 $ 576,000
Grant, Indiana 1 $ 7,000 $ 7,000 $ 30,000
LaGrange, Indiana 1 $ 114,000 $ 114,000 $ 112,000
Miami, Indiana 1 $ 46,000 $ 46,000 $ 78,000
Perry, Indiana 1 $ 12,000 $ 12,000 $ 44,000
Wells, Indiana 1 $ 99,000 $ 99,000 $ 28,000
Barren, Kentucky 1 $ 32,000 $ 32,000 $ 66,000
Boone, Kentucky 1 $ 120,000 $ 120,000 $ 27,000
Clark, Kentucky 1 $ 70,000 $ 70,000 $ 24,000
Garrard, Kentucky 1 $ 20,000 $ 20,000 $ 41,000
Grayson, Kentucky 1 $ 91,000 $ 91,000 $ 78,000
Hancock, Kentucky 1 $ 50,000 $ 50,000 $ 29,000
Henderson, Kentucky 1 $ 24,000 $ 24,000 $ 21,000
Jessamine, Kentucky 1 $ 67,000 $ 67,000 $ 33,000
Laurel, Kentucky 1 $ 2,000 $ 2,000 $ 14,000
Martin, Kentucky 1 $ 35,000 $ 35,000 $ 48,000
Nelson, Kentucky 1 $ 80,000 $ 80,000 $ 75,000
Owen, Kentucky 1 $ 93,000 $ 93,000 $ 46,000
Pike, Kentucky 1 $ 72,000 $ 72,000 $ 108,000
Russell, Kentucky 1 $ 54,000 $ 54,000 $ 38,000
Spencer, Kentucky 1 $ 144,000 $ 144,000 $ 148,000
Washington, Kentucky 1 $ 30,000 $ 30,000 $ 59,000
Wolfe, Kentucky 1 $ 77,000 $ 77,000 $ 71,000
Baltimore, Maryland 1 $ 1,898,000 $ 1,898,000 $ 0
Benzie, Michigan 1 $ 315,000 $ 315,000 $ 385,000
St. Francois, Missouri 1 $ 80,000 $ 80,000 $ 49,000
Adams, Ohio 1 $ 290,000 $ 290,000 $ 41,000
Belmont, Ohio 1 $ 27,000 $ 27,000 $ 15,000
Fulton, Ohio 1 $ 27,000 $ 27,000 $ 45,000
Hancock, Ohio 1 $ 74,000 $ 74,000 $ 95,000
Knox, Ohio 1 $ 175,000 $ 175,000 $ 134,000
Lawrence, Ohio 1 $ 61,000 $ 61,000 $ 82,000
Logan, Ohio 1 $ 205,000 $ 205,000 $ 159,000
Lorain, Ohio 1 $ 47,000 $ 47,000 $ 53,000
Morrow, Ohio 1 $ 22,000 $ 22,000 $ 63,000
Muskingum, Ohio 1 $ 82,000 $ 82,000 $ 214,000
Perry, Ohio 1 $ 40,000 $ 40,000 $ 80,000
Pickaway, Ohio 1 $ 32,000 $ 32,000 $ 52,000
Preble, Ohio 1 $ 98,000 $ 98,000 $ 54,000
Stark, Ohio 1 $ 36,000 $ 36,000 $ 44,000
Summit, Ohio 1 $ 77,000 $ 77,000 $ 40,000
Charleston, South Carolina 1 $ 427,000 $ 427,000 $ 339,000
Colleton, South Carolina 1 $ 368,000 $ 368,000 $ 165,000
Georgetown, South Carolina 1 $ 400,000 $ 400,000 $ 765,000
Pickett, Tennessee 1 $ 70,000 $ 70,000 $ 31,000
Putnam, West Virginia 1 $ 23,000 $ 23,000 $ 42,000

Mortgage Loan Application Detail Totals for Mainsource Bank in 2013

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 3,722 $420,659,000 $113,000 $1,898,000 $75,000 $1,599,000
Home Purchase 1,320 $163,155,000 $123,000 $2,400,000 $72,000 $1,851,000
Home Improvement 564 $28,312,000 $50,000 $417,000 $62,000 $952,000

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 5,254 $554,954,000 $105,000 $1,700,000 $74,000 $1,851,000
Not Provided 110 $12,983,000 $118,000 $525,000 $78,000 $498,000
Hispanic 77 $6,837,000 $88,000 $407,000 $67,000 $599,000
Not applicable 65 $23,633,000 $363,000 $2,400,000 $2,000 $167,000
Black or African American 48 $5,101,000 $106,000 $400,000 $73,000 $278,000
Asian 41 $7,604,000 $185,000 $481,000 $109,000 $450,000
American Indian or Alaskan Native 7 $691,000 $98,000 $170,000 $63,000 $130,000
Native Hawaiian or Other Pacific Islander 4 $323,000 $80,000 $144,000 $33,000 $65,000

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) 5,034 $553,945,000 $110,000 $2,400,000 $76,000 $1,851,000
FHA-insured (Federal Housing Administration) 307 $31,638,000 $103,000 $267,000 $50,000 $240,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 216 $19,772,000 $91,000 $265,000 $39,000 $125,000
VA-guaranteed (Veterans Administration) 49 $6,771,000 $138,000 $609,000 $60,000 $164,000

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 3,304 $364,190,000 $110,000 $1,898,000 $77,000 $1,599,000
Application Denied By Financial Institution 1,370 $129,925,000 $94,000 $780,000 $58,000 $1,440,000
Application Approved But Not Accepted 875 $109,642,000 $125,000 $2,400,000 $83,000 $804,000
File Closed For Incompleteness 33 $2,521,000 $76,000 $950,000 $54,000 $600,000
Loan Purchased By The Institution 14 $1,110,000 $79,000 $146,000 $0 $0
Application Withdrawn By Applicant 10 $4,738,000 $473,000 $1,875,000 $217,000 $1,851,000
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
Credit History 698 $53,905,000 $77,000 $450,000 $55,000 $495,000
Collateral 300 $29,373,000 $97,000 $532,000 $68,000 $432,000
Debt-To-Income Ratio 289 $38,254,000 $132,000 $780,000 $46,000 $349,000
Credit Application Incomplete 34 $4,339,000 $127,000 $308,000 $122,000 $1,440,000
Other 24 $1,759,000 $73,000 $180,000 $58,000 $135,000
Employment History 16 $1,290,000 $80,000 $242,000 $42,000 $180,000
Unverifiable Information 9 $1,005,000 $111,000 $178,000 $54,000 $180,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Mainsource Bank's 2013 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 Mainsource 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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