Midland States Bank Mortgage Lending & HMDA Data, 2021

In 2021, Midland States Bank of Effingham, IL reported 2,800 mortgage applications totaling $492.0 million, down 19% from 2020. The average application was for $175,721, and applicants reported an average income of $94,266. 73% of its applications resulted in an originated loan and 12% were denied. Its largest markets were Rockford, IL (656), Kankakee, IL (525) and St. Louis, MO-IL (394) (applications in parentheses).

Mortgage Company & Address Midland States Bank
1201 Network Centre Drive
Effingham, IL 62401
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 2,800
Total Mortgage Loan Application Amount $492,020,000
Average Mortgage Loan Application Amount $175,721
Highest Mortgage Loan Application Amount $9,805,000
Average Applicant Income $94,266
Highest Applicant Income $2,120,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Midland States Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Midland States Bank by County in 2021

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Winnebago, Illinois 535 $ 45,115,000 $ 84,327 $ 81,000
Kankakee, Illinois 525 $ 59,625,000 $ 113,571 $ 87,000
Champaign, Illinois 136 $ 48,630,000 $ 357,573 $ 82,000
Will, Illinois 130 $ 22,360,000 $ 172,000 $ 94,000
Boone, Illinois 121 $ 12,135,000 $ 100,289 $ 83,000
St. Louis, Missouri 120 $ 30,530,000 $ 254,416 $ 154,000
St. Charles, Missouri 103 $ 23,095,000 $ 224,223 $ 119,000
Effingham, Illinois 94 $ 15,590,000 $ 165,851 $ 106,000
LaSalle, Illinois 88 $ 9,830,000 $ 111,704 $ 94,000
Kane, Illinois 73 $ 14,775,000 $ 202,397 $ 73,000
Whiteside, Illinois 60 $ 3,960,000 $ 66,000 $ 63,000
Marion, Illinois 47 $ 5,325,000 $ 113,297 $ 103,000
Fayette, Illinois 43 $ 4,915,000 $ 114,302 $ 75,000
Lee, Illinois 38 $ 2,770,000 $ 72,894 $ 74,000
Bureau, Illinois 35 $ 1,845,000 $ 52,714 $ 57,000
Jefferson, Missouri 30 $ 3,080,000 $ 102,666 $ 89,000
Ogle, Illinois 29 $ 2,915,000 $ 100,517 $ 80,000
Monroe, Illinois 28 $ 3,220,000 $ 115,000 $ 72,000
St. Louis City, Missouri 28 $ 11,800,000 $ 421,428 $ 104,000
DuPage, Illinois 27 $ 6,275,000 $ 232,407 $ 129,000
Kendall, Illinois 27 $ 3,755,000 $ 139,074 $ 123,000
Cook, Illinois 26 $ 6,900,000 $ 265,384 $ 307,000
St. Clair, Illinois 26 $ 2,470,000 $ 95,000 $ 70,000
Bond, Illinois 25 $ 2,495,000 $ 99,800 $ 59,000
Iroquois, Illinois 25 $ 3,215,000 $ 128,600 $ 72,000
Lake, Illinois 20 $ 4,440,000 $ 222,000 $ 65,000
McHenry, Illinois 18 $ 2,850,000 $ 158,333 $ 114,000
Livingston, Illinois 16 $ 1,020,000 $ 63,750 $ 82,000
DeKalb, Illinois 15 $ 1,505,000 $ 100,333 $ 69,000
Grundy, Illinois 13 $ 1,895,000 $ 145,769 $ 90,000
Rock, Wisconsin 11 $ 10,025,000 $ 911,363 $ 76,000
Clinton, Illinois 10 $ 1,130,000 $ 113,000 $ 80,000
Warren, Missouri 9 $ 1,575,000 $ 175,000 $ 74,000
Coles, Illinois 8 $ 660,000 $ 82,500 $ 36,000
Piatt, Illinois 8 $ 950,000 $ 118,750 $ 102,000
Lake, Indiana 8 $ 1,320,000 $ 165,000 $ 90,000
Jasper, Illinois 7 $ 845,000 $ 120,714 $ 50,000
Stephenson, Illinois 7 $ 705,000 $ 100,714 $ 63,000
Maricopa, Arizona 6 $ 1,970,000 $ 328,333 $ 197,000
Franklin, Missouri 6 $ 710,000 $ 118,333 $ 66,000
Cumberland, Illinois 5 $ 715,000 $ 143,000 $ 109,000
Jefferson, Illinois 5 $ 625,000 $ 125,000 $ 92,000
Madison, Illinois 5 $ 875,000 $ 175,000 $ 80,000
McLean, Illinois 5 $ 1,035,000 $ 207,000 $ 135,000
Vermilion, Illinois 5 $ 615,000 $ 123,000 $ 72,000
Clay, Illinois 4 $ 230,000 $ 57,500 $ 48,000
Macon, Illinois 4 $ 830,000 $ 207,500 $ 73,000
Peoria, Illinois 4 $ 10,100,000 $ 2,525,000 $ 100,000
Putnam, Illinois 4 $ 500,000 $ 125,000 $ 57,000
Randolph, Illinois 4 $ 530,000 $ 132,500 $ 53,000
Shelby, Illinois 4 $ 220,000 $ 55,000 $ 59,000
Lincoln, Missouri 4 $ 1,270,000 $ 317,500 $ 89,000
Pima, Arizona 3 $ 835,000 $ 278,333 $ 159,000
Sarasota, Florida 3 $ 895,000 $ 298,333 $ 132,000
Montgomery, Illinois 3 $ 195,000 $ 65,000 $ 54,000
Sangamon, Illinois 3 $ 265,000 $ 88,333 $ 54,000
Tazewell, Illinois 3 $ 375,000 $ 125,000 $ 47,000
Johnson, Kansas 3 $ 5,385,000 $ 1,795,000 $ 131,000
Worcester, Massachusetts 3 $ 735,000 $ 245,000 $ 0
Clark, Nevada 3 $ 1,195,000 $ 398,333 $ 321,000
District of Columbia, District Of Columbia 2 $ 1,040,000 $ 520,000 $ 160,000
Broward, Florida 2 $ 5,000,000 $ 2,500,000 $ 926,000
Lee, Florida 2 $ 840,000 $ 420,000 $ 128,000
Manatee, Florida 2 $ 300,000 $ 150,000 $ 58,000
Sumter, Florida 2 $ 420,000 $ 210,000 $ 98,000
Adams, Illinois 2 $ 120,000 $ 60,000 $ 55,000
Carroll, Illinois 2 $ 40,000 $ 20,000 $ 82,000
Edgar, Illinois 2 $ 70,000 $ 35,000 $ 24,000
Franklin, Illinois 2 $ 190,000 $ 95,000 $ 47,000
Henry, Illinois 2 $ 110,000 $ 55,000 $ 60,000
Marshall, Illinois 2 $ 330,000 $ 165,000 $ 98,000
Rock Island, Illinois 2 $ 430,000 $ 215,000 $ 87,000
Wabash, Illinois 2 $ 120,000 $ 60,000 $ 73,000
Williamson, Illinois 2 $ 50,000 $ 25,000 $ 23,000
Marion, Indiana 2 $ 2,240,000 $ 1,120,000 $ 20,000
Newton, Indiana 2 $ 560,000 $ 280,000 $ 105,000
Linn, Iowa 2 $ 630,000 $ 315,000 $ 77,000
Shiawassee, Michigan 2 $ 200,000 $ 100,000 $ 99,000
Wayne, Michigan 2 $ 860,000 $ 430,000 $ 231,000
Boone, Missouri 2 $ 520,000 $ 260,000 $ 224,000
Camden, Missouri 2 $ 430,000 $ 215,000 $ 258,000
Platte, Missouri 2 $ 7,370,000 $ 3,685,000 $ 0
Dallas, Texas 2 $ 690,000 $ 345,000 $ 74,000
Gregg, Texas 2 $ 5,490,000 $ 2,745,000 $ 53,000
Tarrant, Texas 2 $ 310,000 $ 155,000 $ 100,000
Adams, Wisconsin 2 $ 180,000 $ 90,000 $ 116,000
Oneida, Wisconsin 2 $ 270,000 $ 135,000 $ 74,000
Pinal, Arizona 1 $ 215,000 $ 215,000 $ 0
El Dorado, California 1 $ 675,000 $ 675,000 $ 490,000
Los Angeles, California 1 $ 235,000 $ 235,000 $ 83,000
San Diego, California 1 $ 585,000 $ 585,000 $ 150,000
Alamosa, Colorado 1 $ 485,000 $ 485,000 $ 316,000
Arapahoe, Colorado 1 $ 155,000 $ 155,000 $ 64,000
Denver, Colorado 1 $ 525,000 $ 525,000 $ 0
El Paso, Colorado 1 $ 255,000 $ 255,000 $ 110,000
Grand, Colorado 1 $ 665,000 $ 665,000 $ 0
Montezuma, Colorado 1 $ 135,000 $ 135,000 $ 249,000
Fairfield, Connecticut 1 $ 4,505,000 $ 4,505,000 $ 0
New Haven, Connecticut 1 $ 275,000 $ 275,000 $ 87,000
Alachua, Florida 1 $ 175,000 $ 175,000 $ 86,000
Bay, Florida 1 $ 305,000 $ 305,000 $ 0
Brevard, Florida 1 $ 115,000 $ 115,000 $ 34,000
Hillsborough, Florida 1 $ 455,000 $ 455,000 $ 122,000
Marion, Florida 1 $ 235,000 $ 235,000 $ 152,000
Miami-Dade, Florida 1 $ 285,000 $ 285,000 $ 300,000
Pasco, Florida 1 $ 85,000 $ 85,000 $ 24,000
St. Lucie, Florida 1 $ 125,000 $ 125,000 $ 29,000
Cobb, Georgia 1 $ 395,000 $ 395,000 $ 339,000
Jackson, Georgia 1 $ 7,875,000 $ 7,875,000 $ 0
Liberty, Georgia 1 $ 335,000 $ 335,000 $ 291,000
Maui, Hawaii 1 $ 515,000 $ 515,000 $ 90,000
Christian, Illinois 1 $ 135,000 $ 135,000 $ 63,000
Douglas, Illinois 1 $ 115,000 $ 115,000 $ 38,000
Ford, Illinois 1 $ 95,000 $ 95,000 $ 114,000
Hardin, Illinois 1 $ 115,000 $ 115,000 $ 128,000
Jackson, Illinois 1 $ 225,000 $ 225,000 $ 152,000
Moultrie, Illinois 1 $ 95,000 $ 95,000 $ 86,000
Perry, Illinois 1 $ 25,000 $ 25,000 $ 67,000
Schuyler, Illinois 1 $ 45,000 $ 45,000 $ 183,000
Union, Illinois 1 $ 95,000 $ 95,000 $ 26,000
Washington, Illinois 1 $ 245,000 $ 245,000 $ 169,000
Fountain, Indiana 1 $ 475,000 $ 475,000 $ 157,000
Jasper, Indiana 1 $ 375,000 $ 375,000 $ 66,000
Porter, Indiana 1 $ 195,000 $ 195,000 $ 260,000
Johnson, Iowa 1 $ 115,000 $ 115,000 $ 0
Pottawatomie, Kansas 1 $ 155,000 $ 155,000 $ 38,000
Jefferson, Kentucky 1 $ 105,000 $ 105,000 $ 34,000
Simpson, Kentucky 1 $ 295,000 $ 295,000 $ 75,000
Middlesex, Massachusetts 1 $ 725,000 $ 725,000 $ 324,000
Macomb, Michigan 1 $ 105,000 $ 105,000 $ 53,000
Ottawa, Michigan 1 $ 165,000 $ 165,000 $ 62,000
Clay, Missouri 1 $ 135,000 $ 135,000 $ 0
Greene, Missouri 1 $ 45,000 $ 45,000 $ 313,000
Jackson, Missouri 1 $ 125,000 $ 125,000 $ 0
Jasper, Missouri 1 $ 85,000 $ 85,000 $ 68,000
Miller, Missouri 1 $ 175,000 $ 175,000 $ 138,000
Monroe, Missouri 1 $ 215,000 $ 215,000 $ 197,000
Pike, Missouri 1 $ 145,000 $ 145,000 $ 372,000
Monmouth, New Jersey 1 $ 315,000 $ 315,000 $ 0
Bernalillo, New Mexico 1 $ 305,000 $ 305,000 $ 67,000
Sandoval, New Mexico 1 $ 375,000 $ 375,000 $ 265,000
Onondaga, New York 1 $ 465,000 $ 465,000 $ 425,000
St. Lawrence, New York 1 $ 235,000 $ 235,000 $ 384,000
Suffolk, New York 1 $ 515,000 $ 515,000 $ 229,000
Clermont, Ohio 1 $ 325,000 $ 325,000 $ 158,000
Lake, Ohio 1 $ 265,000 $ 265,000 $ 120,000
Lucas, Ohio 1 $ 125,000 $ 125,000 $ 46,000
Tulsa, Oklahoma 1 $ 325,000 $ 325,000 $ 171,000
Marion, Oregon 1 $ 4,075,000 $ 4,075,000 $ 0
Jasper, South Carolina 1 $ 55,000 $ 55,000 $ 28,000
Lexington, South Carolina 1 $ 315,000 $ 315,000 $ 176,000
Custer, South Dakota 1 $ 435,000 $ 435,000 $ 250,000
Pennington, South Dakota 1 $ 895,000 $ 895,000 $ 480,000
Carroll, Tennessee 1 $ 175,000 $ 175,000 $ 45,000
Davidson, Tennessee 1 $ 205,000 $ 205,000 $ 76,000
Loudon, Tennessee 1 $ 595,000 $ 595,000 $ 61,000
Sevier, Tennessee 1 $ 255,000 $ 255,000 $ 105,000
Smith, Tennessee 1 $ 65,000 $ 65,000 $ 189,000
Williamson, Tennessee 1 $ 425,000 $ 425,000 $ 105,000
Bexar, Texas 1 $ 175,000 $ 175,000 $ 0
Harris, Texas 1 $ 315,000 $ 315,000 $ 141,000
Lubbock, Texas 1 $ 355,000 $ 355,000 $ 493,000
Summit, Utah 1 $ 3,205,000 $ 3,205,000 $ 1,332,000
Alexandria, Virginia 1 $ 795,000 $ 795,000 $ 243,000
Fairfax, Virginia 1 $ 275,000 $ 275,000 $ 215,000
Berkeley, West Virginia 1 $ 195,000 $ 195,000 $ 79,000
Bayfield, Wisconsin 1 $ 375,000 $ 375,000 $ 267,000
Jefferson, Wisconsin 1 $ 345,000 $ 345,000 $ 380,000
Kenosha, Wisconsin 1 $ 5,705,000 $ 5,705,000 $ 0
Milwaukee, Wisconsin 1 $ 75,000 $ 75,000 $ 102,000
Ozaukee, Wisconsin 1 $ 305,000 $ 305,000 $ 138,000
Portage, Wisconsin 1 $ 295,000 $ 295,000 $ 97,000
Price, Wisconsin 1 $ 55,000 $ 55,000 $ 52,000
Racine, Wisconsin 1 $ 9,805,000 $ 9,805,000 $ 0
Walworth, Wisconsin 1 $ 105,000 $ 105,000 $ 214,000

Mortgage Loan Application Detail Totals for Midland States Bank in 2021

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 1,050 $207,860,000 $197,000 $9,805,000 $79,000 $1,805,000
Refinancing 948 $206,090,000 $217,000 $9,725,000 $104,000 $2,120,000
Other Purpose 463 $22,015,000 $47,000 $755,000 $102,000 $1,090,000
Cash-out Refinancing 321 $55,165,000 $171,000 $795,000 $106,000 $600,000
Home Improvement 18 $890,000 $49,000 $185,000 $64,000 $135,000
Not Applicable 0 $0 $0 $0 $0 $0

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 2,101 $281,745,000 $134,000 $4,805,000 $99,000 $2,120,000
Hispanic 298 $40,500,000 $135,000 $425,000 $59,000 $232,000
Black or African American 134 $14,860,000 $110,000 $485,000 $67,000 $600,000
Not applicable 107 $126,895,000 $1,185,000 $9,805,000 $0 $0
Not Provided 102 $16,460,000 $161,000 $725,000 $99,000 $425,000
Asian 43 $8,475,000 $197,000 $545,000 $146,000 $609,000
American Indian or Alaskan Native 4 $280,000 $70,000 $105,000 $90,000 $167,000
Native Hawaiian or Other Pacific Islander 1 $15,000 $15,000 $15,000 $56,000 $56,000

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) 2,546 $453,730,000 $178,000 $9,805,000 $98,000 $2,120,000
FHA-insured (Federal Housing Administration) 174 $24,200,000 $139,000 $325,000 $57,000 $161,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 43 $4,735,000 $110,000 $245,000 $44,000 $91,000
VA-guaranteed (Veterans Administration) 37 $9,355,000 $252,000 $655,000 $75,000 $291,000

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 2,042 $396,070,000 $193,000 $9,805,000 $97,000 $1,805,000
Application Denied By Financial Institution 324 $24,420,000 $75,000 $485,000 $71,000 $630,000
Application Withdrawn By Applicant 247 $35,295,000 $142,000 $945,000 $96,000 $2,120,000
Application Approved But Not Accepted 130 $27,610,000 $212,000 $9,725,000 $94,000 $435,000
File Closed For Incompleteness 57 $8,625,000 $151,000 $675,000 $102,000 $490,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
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
Not applicable 2,476 $467,600,000 $188,000 $9,805,000 $97,000 $2,120,000
Debt-To-Income Ratio 115 $9,535,000 $82,000 $425,000 $62,000 $630,000
Credit History 105 $5,965,000 $56,000 $485,000 $71,000 $600,000
Collateral 73 $4,985,000 $68,000 $335,000 $89,000 $303,000
Other 10 $850,000 $85,000 $165,000 $45,000 $75,000
Employment History 8 $1,200,000 $150,000 $405,000 $69,000 $213,000
Insufficient Cash (Downpayment, Closing Cost) 6 $740,000 $123,000 $195,000 $61,000 $137,000
Credit Application Incomplete 5 $955,000 $191,000 $305,000 $98,000 $140,000
Unverifiable Information 2 $190,000 $95,000 $135,000 $94,000 $150,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Midland States Bank's 2021 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 Midland States 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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