Mercantile Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2009
Mercantile Bank 2009 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Mercantile Bank 200 North 33Rd St Quincy, IL 62305 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2012 2011 2010 2009 |
| Total Number of Mortgage Applications | 1,367 |
| Total Mortgage Loan Application Amount | $131,032,000 |
| Average Mortgage Loan Application Amount | $80,000 |
| Highest Mortgage Loan Application Amount | $495,000 |
| Average Applicant Income | $61,333 |
| Highest Applicant Income | $1,200,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2009 with Mercantile Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Mercantile Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2009 breaks down Mercantile Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Mercantile Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Mercantile Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Mercantile Bank's mortgage activity for 2009.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Adams County Illinois | 829 | $ 77,421,000 | $ 93,000 | $ 70,000 |
| Buchanan County Missouri | 176 | $ 16,710,000 | $ 94,000 | $ 46,000 |
| Hancock County Illinois | 83 | $ 7,350,000 | $ 88,000 | $ 15,000 |
| Andrew County Missouri | 83 | $ 9,410,000 | $ 113,000 | $ 71,000 |
| Brown County Illinois | 25 | $ 2,466,000 | $ 98,000 | $ 26,000 |
| Marion County Missouri | 23 | $ 2,219,000 | $ 96,000 | $ 53,000 |
| Lewis County Missouri | 15 | $ 1,253,000 | $ 83,000 | $ 58,000 |
| Lee County Iowa | 12 | $ 1,223,000 | $ 101,000 | $ 20,000 |
| Nodaway County Missouri | 11 | $ 508,000 | $ 46,000 | $ 41,000 |
| Pike County Illinois | 9 | $ 673,000 | $ 74,000 | $ 98,000 |
| DeKalb County Missouri | 7 | $ 637,000 | $ 91,000 | $ 73,000 |
| Jackson County Missouri | 7 | $ 1,187,000 | $ 169,000 | $ 12,000 |
| McDonough County Illinois | 6 | $ 426,000 | $ 71,000 | $ 9,000 |
| Clay County Missouri | 6 | $ 571,000 | $ 95,000 | $ 44,000 |
| Ralls County Missouri | 6 | $ 616,000 | $ 102,000 | $ 72,000 |
| Schuyler County Illinois | 4 | $ 102,000 | $ 25,000 | $ 56,000 |
| Clinton County Missouri | 4 | $ 813,000 | $ 203,000 | $ 74,000 |
| Knox County Missouri | 4 | $ 208,000 | $ 52,000 | $ 122,000 |
| Monroe County Missouri | 4 | $ 196,000 | $ 49,000 | $ 66,000 |
| Platte County Missouri | 4 | $ 431,000 | $ 107,000 | $ 94,000 |
| Sangamon County Illinois | 3 | $ 469,000 | $ 156,000 | $ 8,000 |
| Pike County Missouri | 3 | $ 473,000 | $ 157,000 | $ 9,000 |
| St. Clair County Illinois | 2 | $ 257,000 | $ 128,000 | $ 58,000 |
| Marion County Indiana | 2 | $ 233,000 | $ 116,000 | $ 30,000 |
| Doniphan County Kansas | 2 | $ 130,000 | $ 65,000 | $ 64,000 |
| Adair County Missouri | 2 | $ 182,000 | $ 91,000 | $ 56,000 |
| Benton County Missouri | 2 | $ 237,000 | $ 118,000 | $ 288,000 |
| Morgan County Missouri | 2 | $ 379,000 | $ 189,000 | $ 33,000 |
| Cass County Illinois | 1 | $ 120,000 | $ 120,000 | $ 0 |
| Champaign County Illinois | 1 | $ 155,000 | $ 155,000 | $ 84,000 |
| Cook County Illinois | 1 | $ 124,000 | $ 124,000 | $ 161,000 |
| Macon County Illinois | 1 | $ 133,000 | $ 133,000 | $ 53,000 |
| Woodford County Illinois | 1 | $ 94,000 | $ 94,000 | $ 0 |
| Greene County Indiana | 1 | $ 225,000 | $ 225,000 | $ 973,000 |
| Brown County Kansas | 1 | $ 160,000 | $ 160,000 | $ 95,000 |
| Riley County Kansas | 1 | $ 126,000 | $ 126,000 | $ 46,000 |
| Atchison County Missouri | 1 | $ 24,000 | $ 24,000 | $ 5,000 |
| Boone County Missouri | 1 | $ 96,000 | $ 96,000 | $ 50,000 |
| Camden County Missouri | 1 | $ 417,000 | $ 417,000 | $ 208,000 |
| Chariton County Missouri | 1 | $ 79,000 | $ 79,000 | $ 90,000 |
| Clark County Missouri | 1 | $ 67,000 | $ 67,000 | $ 75,000 |
| Daviess County Missouri | 1 | $ 208,000 | $ 208,000 | $ 69,000 |
| Douglas County Missouri | 1 | $ 74,000 | $ 74,000 | $ 55,000 |
| Gentry County Missouri | 1 | $ 125,000 | $ 125,000 | $ 87,000 |
| Lincoln County Missouri | 1 | $ 179,000 | $ 179,000 | $ 67,000 |
| Mercer County Missouri | 1 | $ 228,000 | $ 228,000 | $ 94,000 |
| Putnam County Missouri | 1 | $ 138,000 | $ 138,000 | $ 63,000 |
| Shelby County Missouri | 1 | $ 45,000 | $ 45,000 | $ 35,000 |
| St. Charles County Missouri | 1 | $ 162,000 | $ 162,000 | $ 108,000 |
| St. Louis County Missouri | 1 | $ 202,000 | $ 202,000 | $ 49,000 |
| St. Louis City County Missouri | 1 | $ 114,000 | $ 114,000 | $ 230,000 |
| Taney County Missouri | 1 | $ 32,000 | $ 32,000 | $ 20,000 |
| Lancaster County Nebraska | 1 | $ 130,000 | $ 130,000 | $ 89,000 |
| Jackson County North Carolina | 1 | $ 313,000 | $ 313,000 | $ 58,000 |
| Cache County Utah | 1 | $ 162,000 | $ 162,000 | $ 71,000 |
Mortgage Loan Application Detail Totals for Mercantile 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 | 899 | $93,920,000 | $104,000 | $425,000 | $63,000 | $973,000 |
| Home Purchase | 407 | $33,831,000 | $83,000 | $495,000 | $59,000 | $1,200,000 |
| Home Improvement | 61 | $3,281,000 | $53,000 | $224,000 | $62,000 | $403,000 |
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 | 1,117 | $105,641,000 | $94,000 | $425,000 | $69,000 | $1,200,000 |
| Not applicable | 163 | $15,514,000 | $95,000 | $495,000 | $2,000 | $147,000 |
| Not Provided | 58 | $5,947,000 | $102,000 | $417,000 | $80,000 | $280,000 |
| Asian | 12 | $2,041,000 | $170,000 | $340,000 | $81,000 | $230,000 |
| Hispanic | 9 | $990,000 | $110,000 | $188,000 | $135,000 | $403,000 |
| Black or African American | 6 | $744,000 | $124,000 | $226,000 | $83,000 | $122,000 |
| American Indian or Alaskan Native | 2 | $155,000 | $77,000 | $89,000 | $99,000 | $100,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
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) | 1,345 | $129,168,000 | $96,000 | $495,000 | $62,000 | $1,200,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 22 | $1,864,000 | $84,000 | $172,000 | $42,000 | $71,000 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FHA-insured (Federal Housing 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 | 1,163 | $109,916,000 | $94,000 | $495,000 | $67,000 | $1,200,000 |
| Loan Purchased By The Institution | 111 | $11,225,000 | $101,000 | $354,000 | $5,000 | $128,000 |
| Application Approved But Not Accepted | 63 | $6,341,000 | $100,000 | $400,000 | $64,000 | $161,000 |
| Application Denied By Financial Institution | 22 | $2,467,000 | $112,000 | $394,000 | $60,000 | $172,000 |
| Application Withdrawn By Applicant | 5 | $689,000 | $137,000 | $340,000 | $55,000 | $123,000 |
| File Closed For Incompleteness | 2 | $324,000 | $162,000 | $184,000 | $52,000 | $71,000 |
| Preapproval Denied by Financial Institution | 1 | $70,000 | $70,000 | $70,000 | $18,000 | $18,000 |
| 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 |
|---|---|---|---|---|---|---|
| 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 Mercantile 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 Mercantile 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.
For a list of all lenders in Illinois, download the full spreadsheet
with aggregated HMDA statistics today.