Mid America Bank Mortgage Lending & HMDA Data, 2006

In 2006, Mid America Bank of Clarendon Hills, IL reported 12,484 mortgage applications totaling $2.7 billion, down 40% from 2005. The average application was for $214,501, and applicants reported an average income of $83,707. 68% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Chicago-Naperville-Joliet, IL (8,910), Milwaukee-Waukesha-West Allis, WI (912) and Lake County-Kenosha County, IL-WI (244) (applications in parentheses).

Mortgage Company & Address Mid America Bank
55th & Holmes
Clarendon Hills, IL 60514
Tel #: available with data download
Federal Regulator * available with data download
Years 2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 12,484
Total Mortgage Loan Application Amount $2,677,835,000
Average Mortgage Loan Application Amount $214,501
Highest Mortgage Loan Application Amount $4,500,000
Average Applicant Income $83,707
Highest Applicant Income $3,587,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Mid America Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Mid America Bank by County in 2006

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Cook, Illinois 5,425 $ 1,144,784,000 $ 211,020 $ 75,000
DuPage, Illinois 1,437 $ 353,607,000 $ 246,073 $ 104,000
Will, Illinois 925 $ 195,307,000 $ 211,142 $ 94,000
Kane, Illinois 682 $ 146,826,000 $ 215,287 $ 98,000
Milwaukee, Wisconsin 570 $ 86,443,000 $ 151,654 $ 85,000
Lake, Illinois 214 $ 57,491,000 $ 268,649 $ 103,000
Kendall, Illinois 208 $ 48,431,000 $ 232,841 $ 89,000
Waukesha, Wisconsin 201 $ 41,857,000 $ 208,243 $ 84,000
McHenry, Illinois 147 $ 32,369,000 $ 220,197 $ 91,000
Washington, Wisconsin 112 $ 21,429,000 $ 191,330 $ 77,000
Walworth, Wisconsin 64 $ 11,492,000 $ 179,562 $ 121,000
DeKalb, Illinois 61 $ 8,776,000 $ 143,868 $ 66,000
Winnebago, Illinois 55 $ 5,618,000 $ 102,145 $ 64,000
Boone, Illinois 44 $ 6,557,000 $ 149,022 $ 60,000
Lake, Indiana 34 $ 4,670,000 $ 137,352 $ 88,000
Kenosha, Wisconsin 30 $ 4,116,000 $ 137,200 $ 83,000
Ozaukee, Wisconsin 29 $ 10,006,000 $ 345,034 $ 167,000
Grundy, Illinois 25 $ 5,193,000 $ 207,720 $ 48,000
Racine, Wisconsin 24 $ 7,110,000 $ 296,250 $ 60,000
Dane, Wisconsin 23 $ 7,877,000 $ 342,478 $ 89,000
Maricopa, Arizona 21 $ 6,034,000 $ 287,333 $ 383,000
LaSalle, Illinois 14 $ 2,266,000 $ 161,857 $ 61,000
Kankakee, Illinois 11 $ 1,700,000 $ 154,545 $ 42,000
Ogle, Illinois 11 $ 1,728,000 $ 157,090 $ 58,000
Sarasota, Florida 9 $ 2,225,000 $ 247,222 $ 26,000
Berrien, Michigan 9 $ 4,575,000 $ 508,333 $ 295,000
Dodge, Wisconsin 9 $ 1,576,000 $ 175,111 $ 67,000
Collier, Florida 7 $ 1,445,000 $ 206,428 $ 136,000
Pinellas, Florida 7 $ 1,903,000 $ 271,857 $ 54,000
Adams, Wisconsin 7 $ 1,012,000 $ 144,571 $ 88,000
Sheboygan, Wisconsin 7 $ 1,002,000 $ 143,142 $ 162,000
Pinal, Arizona 6 $ 1,231,000 $ 205,166 $ 111,000
Madison, Illinois 6 $ 1,067,000 $ 177,833 $ 139,000
Porter, Indiana 6 $ 786,000 $ 131,000 $ 72,000
Miami-Dade, Florida 5 $ 2,698,000 $ 539,600 $ 96,000
Calumet, Wisconsin 5 $ 6,472,000 $ 1,294,400 $ 54,000
Door, Wisconsin 5 $ 829,000 $ 165,800 $ 115,000
Jefferson, Wisconsin 5 $ 1,134,000 $ 226,800 $ 38,000
Rock, Wisconsin 5 $ 256,000 $ 51,200 $ 38,000
Waupaca, Wisconsin 5 $ 1,404,000 $ 280,800 $ 104,000
Broward, Florida 4 $ 1,367,000 $ 341,750 $ 173,000
Jo Daviess, Illinois 4 $ 1,324,000 $ 331,000 $ 146,000
Kosciusko, Indiana 4 $ 411,000 $ 102,750 $ 104,000
Marion, Indiana 4 $ 356,000 $ 89,000 $ 73,000
White, Indiana 4 $ 450,000 $ 112,500 $ 9,000
Sauk, Wisconsin 4 $ 566,000 $ 141,500 $ 131,000
Denver, Colorado 3 $ 1,037,000 $ 345,666 $ 37,000
Fairfield, Connecticut 3 $ 738,000 $ 246,000 $ 209,000
Lee, Florida 3 $ 921,000 $ 307,000 $ 74,000
Orange, Florida 3 $ 522,000 $ 174,000 $ 148,000
Palm Beach, Florida 3 $ 1,524,000 $ 508,000 $ 207,000
Logan, Illinois 3 $ 380,000 $ 126,666 $ 56,000
Tazewell, Illinois 3 $ 276,000 $ 92,000 $ 59,000
Clinton, Indiana 3 $ 406,000 $ 135,333 $ 224,000
Starke, Indiana 3 $ 655,000 $ 218,333 $ 108,000
Van Buren, Michigan 3 $ 550,000 $ 183,333 $ 70,000
Greene, Missouri 3 $ 360,000 $ 120,000 $ 64,000
Tulsa, Oklahoma 3 $ 168,000 $ 56,000 $ 167,000
Bexar, Texas 3 $ 278,000 $ 92,666 $ 76,000
Salt Lake, Utah 3 $ 400,000 $ 133,333 $ 26,000
Brown, Wisconsin 3 $ 2,511,000 $ 837,000 $ 76,000
Outagamie, Wisconsin 3 $ 1,590,000 $ 530,000 $ 294,000
Vilas, Wisconsin 3 $ 765,000 $ 255,000 $ 315,000
Winnebago, Wisconsin 3 $ 304,000 $ 101,333 $ 63,000
Boulder, Colorado 2 $ 1,565,000 $ 782,500 $ 358,000
Summit, Colorado 2 $ 250,000 $ 125,000 $ 69,000
Tolland, Connecticut 2 $ 250,000 $ 125,000 $ 145,000
Bay, Florida 2 $ 627,000 $ 313,500 $ 122,000
Pasco, Florida 2 $ 144,000 $ 72,000 $ 53,000
Polk, Florida 2 $ 217,000 $ 108,500 $ 67,000
Seminole, Florida 2 $ 216,000 $ 108,000 $ 0
Champaign, Illinois 2 $ 301,000 $ 150,500 $ 107,000
Marshall, Illinois 2 $ 165,000 $ 82,500 $ 0
McLean, Illinois 2 $ 183,000 $ 91,500 $ 112,000
Rock Island, Illinois 2 $ 228,000 $ 114,000 $ 95,000
Whiteside, Illinois 2 $ 85,000 $ 42,500 $ 37,000
Elkhart, Indiana 2 $ 167,000 $ 83,500 $ 15,000
LaPorte, Indiana 2 $ 189,000 $ 94,500 $ 64,000
Kent, Michigan 2 $ 422,000 $ 211,000 $ 238,000
St. Louis City, Missouri 2 $ 158,000 $ 79,000 $ 102,000
Taney, Missouri 2 $ 372,000 $ 186,000 $ 72,000
Dona Ana, New Mexico 2 $ 213,000 $ 106,500 $ 33,000
Wake, North Carolina 2 $ 438,000 $ 219,000 $ 80,000
Lucas, Ohio 2 $ 145,000 $ 72,500 $ 91,000
Horry, South Carolina 2 $ 147,000 $ 73,500 $ 300,000
Hidalgo, Texas 2 $ 217,000 $ 108,500 $ 147,000
Fond du Lac, Wisconsin 2 $ 135,000 $ 67,500 $ 48,000
Juneau, Wisconsin 2 $ 412,000 $ 206,000 $ 201,000
Langlade, Wisconsin 2 $ 4,385,000 $ 2,192,500 $ 156,000
Marathon, Wisconsin 2 $ 330,000 $ 165,000 $ 133,000
Marinette, Wisconsin 2 $ 138,000 $ 69,000 $ 66,000
Monroe, Wisconsin 2 $ 1,620,000 $ 810,000 $ 64,000
Oneida, Wisconsin 2 $ 412,000 $ 206,000 $ 117,000
Shawano, Wisconsin 2 $ 385,000 $ 192,500 $ 82,000
Waushara, Wisconsin 2 $ 260,000 $ 130,000 $ 47,000
Pima, Arizona 1 $ 119,000 $ 119,000 $ 191,000
Baxter, Arkansas 1 $ 90,000 $ 90,000 $ 145,000
Sharp, Arkansas 1 $ 170,000 $ 170,000 $ 0
El Dorado, California 1 $ 398,000 $ 398,000 $ 296,000
Los Angeles, California 1 $ 3,000,000 $ 3,000,000 $ 3,587,000
Santa Clara, California 1 $ 2,000,000 $ 2,000,000 $ 0
Arapahoe, Colorado 1 $ 170,000 $ 170,000 $ 0
District of Columbia, District Of Columbia 1 $ 281,000 $ 281,000 $ 300,000
Brevard, Florida 1 $ 152,000 $ 152,000 $ 136,000
Charlotte, Florida 1 $ 312,000 $ 312,000 $ 315,000
Citrus, Florida 1 $ 184,000 $ 184,000 $ 0
Duval, Florida 1 $ 132,000 $ 132,000 $ 65,000
Escambia, Florida 1 $ 200,000 $ 200,000 $ 84,000
Flagler, Florida 1 $ 400,000 $ 400,000 $ 342,000
Lake, Florida 1 $ 170,000 $ 170,000 $ 70,000
Manatee, Florida 1 $ 200,000 $ 200,000 $ 156,000
St. Johns, Florida 1 $ 145,000 $ 145,000 $ 0
Cobb, Georgia 1 $ 255,000 $ 255,000 $ 91,000
Bureau, Illinois 1 $ 65,000 $ 65,000 $ 31,000
Henry, Illinois 1 $ 85,000 $ 85,000 $ 108,000
Johnson, Illinois 1 $ 176,000 $ 176,000 $ 177,000
Knox, Illinois 1 $ 97,000 $ 97,000 $ 143,000
Macon, Illinois 1 $ 78,000 $ 78,000 $ 29,000
Perry, Illinois 1 $ 38,000 $ 38,000 $ 42,000
Putnam, Illinois 1 $ 75,000 $ 75,000 $ 23,000
Richland, Illinois 1 $ 142,000 $ 142,000 $ 0
Shelby, Illinois 1 $ 4,300,000 $ 4,300,000 $ 0
Stephenson, Illinois 1 $ 200,000 $ 200,000 $ 144,000
Vermilion, Illinois 1 $ 152,000 $ 152,000 $ 0
Allen, Indiana 1 $ 176,000 $ 176,000 $ 108,000
Hamilton, Indiana 1 $ 210,000 $ 210,000 $ 95,000
LaGrange, Indiana 1 $ 95,000 $ 95,000 $ 114,000
Monroe, Indiana 1 $ 53,000 $ 53,000 $ 122,000
Putnam, Indiana 1 $ 62,000 $ 62,000 $ 133,000
Tippecanoe, Indiana 1 $ 90,000 $ 90,000 $ 108,000
Allamakee, Iowa 1 $ 52,000 $ 52,000 $ 0
Fayette, Kentucky 1 $ 140,000 $ 140,000 $ 0
Graves, Kentucky 1 $ 48,000 $ 48,000 $ 58,000
Larue, Kentucky 1 $ 114,000 $ 114,000 $ 0
Essex, Massachusetts 1 $ 300,000 $ 300,000 $ 140,000
Allegan, Michigan 1 $ 77,000 $ 77,000 $ 0
Kalamazoo, Michigan 1 $ 369,000 $ 369,000 $ 205,000
Leelanau, Michigan 1 $ 215,000 $ 215,000 $ 97,000
Macomb, Michigan 1 $ 169,000 $ 169,000 $ 0
Mason, Michigan 1 $ 50,000 $ 50,000 $ 121,000
Menominee, Michigan 1 $ 116,000 $ 116,000 $ 0
Ramsey, Minnesota 1 $ 775,000 $ 775,000 $ 272,000
Scott, Minnesota 1 $ 266,000 $ 266,000 $ 267,000
Itawamba, Mississippi 1 $ 80,000 $ 80,000 $ 51,000
Clark, Nevada 1 $ 183,000 $ 183,000 $ 32,000
Henderson, North Carolina 1 $ 180,000 $ 180,000 $ 109,000
McLean, North Dakota 1 $ 280,000 $ 280,000 $ 152,000
Ashtabula, Ohio 1 $ 216,000 $ 216,000 $ 115,000
Cuyahoga, Ohio 1 $ 25,000 $ 25,000 $ 0
Montgomery, Ohio 1 $ 204,000 $ 204,000 $ 1,087,000
Chester, Pennsylvania 1 $ 120,000 $ 120,000 $ 186,000
Lehigh, Pennsylvania 1 $ 396,000 $ 396,000 $ 156,000
Providence, Rhode Island 1 $ 305,000 $ 305,000 $ 258,000
Beaufort, South Carolina 1 $ 90,000 $ 90,000 $ 108,000
Greenville, South Carolina 1 $ 359,000 $ 359,000 $ 186,000
Shelby, Tennessee 1 $ 326,000 $ 326,000 $ 147,000
Harris, Texas 1 $ 149,000 $ 149,000 $ 45,000
Montgomery, Texas 1 $ 126,000 $ 126,000 $ 72,000
Tarrant, Texas 1 $ 10,000 $ 10,000 $ 43,000
Williamson, Texas 1 $ 132,000 $ 132,000 $ 69,000
Davis, Utah 1 $ 162,000 $ 162,000 $ 0
Iron, Utah 1 $ 124,000 $ 124,000 $ 301,000
Utah, Utah 1 $ 240,000 $ 240,000 $ 0
King, Washington 1 $ 313,000 $ 313,000 $ 629,000
Thurston, Washington 1 $ 140,000 $ 140,000 $ 162,000
Barron, Wisconsin 1 $ 82,000 $ 82,000 $ 222,000
Bayfield, Wisconsin 1 $ 172,000 $ 172,000 $ 98,000
Chippewa, Wisconsin 1 $ 86,000 $ 86,000 $ 0
Green Lake, Wisconsin 1 $ 53,000 $ 53,000 $ 31,000
Manitowoc, Wisconsin 1 $ 3,226,000 $ 3,226,000 $ 0
Oconto, Wisconsin 1 $ 75,000 $ 75,000 $ 72,000
Portage, Wisconsin 1 $ 100,000 $ 100,000 $ 37,000
Taylor, Wisconsin 1 $ 142,000 $ 142,000 $ 150,000
Albany, Wyoming 1 $ 240,000 $ 240,000 $ 66,000

Mortgage Loan Application Detail Totals for Mid America Bank in 2006

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
Home Purchase 8,240 $1,810,442,000 $219,000 $4,500,000 $86,000 $3,587,000
Refinancing 4,034 $840,980,000 $208,000 $4,300,000 $80,000 $1,551,000
Home Improvement 210 $26,413,000 $125,000 $2,283,000 $65,000 $587,000

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 8,493 $1,862,809,000 $219,000 $4,300,000 $92,000 $3,587,000
Hispanic 2,055 $375,957,000 $182,000 $1,119,000 $55,000 $408,000
Not Provided 828 $150,099,000 $181,000 $3,280,000 $85,000 $792,000
Black or African American 663 $118,133,000 $178,000 $1,391,000 $71,000 $744,000
Asian 283 $75,999,000 $268,000 $3,000,000 $92,000 $665,000
Not applicable 116 $79,661,000 $686,000 $4,500,000 $6,000 $678,000
Native Hawaiian or Other Pacific Islander 28 $10,646,000 $380,000 $1,920,000 $88,000 $660,000
American Indian or Alaskan Native 18 $4,531,000 $251,000 $798,000 $117,000 $396,000

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) 12,138 $2,620,188,000 $215,000 $4,500,000 $85,000 $3,587,000
FHA-insured (Federal Housing Administration) 324 $53,161,000 $164,000 $305,000 $53,000 $193,000
VA-guaranteed (Veterans Administration) 22 $4,486,000 $203,000 $322,000 $61,000 $117,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 8,431 $1,809,655,000 $214,000 $4,500,000 $88,000 $3,587,000
Preapproval Approved but not Accepted 1,272 $283,904,000 $223,000 $1,280,000 $73,000 $975,000
Application Denied By Financial Institution 895 $172,314,000 $192,000 $1,700,000 $75,000 $1,293,000
Application Approved But Not Accepted 704 $155,561,000 $220,000 $1,750,000 $87,000 $1,631,000
Preapproval Denied by Financial Institution 513 $91,090,000 $177,000 $1,400,000 $62,000 $642,000
Application Withdrawn By Applicant 512 $132,965,000 $259,000 $4,300,000 $69,000 $750,000
Loan Purchased By The Institution 95 $14,377,000 $151,000 $470,000 $71,000 $1,390,000
File Closed For Incompleteness 62 $17,969,000 $289,000 $2,200,000 $103,000 $1,493,000

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 595 $110,153,000 $185,000 $1,698,000 $61,000 $642,000
Debt-To-Income Ratio 305 $59,135,000 $193,000 $1,700,000 $60,000 $435,000
Collateral 174 $30,747,000 $176,000 $1,040,000 $99,000 $720,000
Other 162 $32,100,000 $198,000 $1,320,000 $87,000 $1,293,000
Employment History 73 $11,903,000 $163,000 $417,000 $63,000 $180,000
Insufficient Cash (Downpayment, Closing Cost) 59 $12,246,000 $207,000 $800,000 $84,000 $354,000
Unverifiable Information 35 $6,468,000 $184,000 $572,000 $74,000 $339,000
Credit Application Incomplete 5 $652,000 $130,000 $250,000 $160,000 $384,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Mid America Bank's 2006 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 Mid America 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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