Old National Bank Mortgage Lending & HMDA Data, 2008

In 2008, Old National Bank of Evansville, IN reported 8,333 mortgage applications totaling $707.6 million, down 9% from 2007. The average application was for $84,915, and applicants reported an average income of $69,875. 51% of its applications resulted in an originated loan and 23% were denied. Its largest markets were Evansville, IN-KY (1,921), Terre Haute, IN (734) and Indianapolis-Carmel, IN (466) (applications in parentheses).

Mortgage Company & Address Old National Bank
1 Main Street
Evansville, IN 47708
Tel #: available with data download
Federal Regulator * available with data download
Years 2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 8,333
Total Mortgage Loan Application Amount $707,600,000
Average Mortgage Loan Application Amount $84,915
Highest Mortgage Loan Application Amount $5,900,000
Average Applicant Income $69,875
Highest Applicant Income $4,758,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Old National Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Old National Bank by County in 2008

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Vanderburgh, Indiana 973 $ 79,760,000 $ 81,973 $ 65,000
Vigo, Indiana 566 $ 47,144,000 $ 83,293 $ 69,000
Muhlenberg, Kentucky 358 $ 14,433,000 $ 40,315 $ 61,000
Henderson, Kentucky 313 $ 24,962,000 $ 79,750 $ 64,000
Warrick, Indiana 275 $ 33,720,000 $ 122,618 $ 87,000
Delaware, Indiana 274 $ 19,470,000 $ 71,058 $ 70,000
Daviess, Kentucky 236 $ 20,991,000 $ 88,944 $ 62,000
Gibson, Indiana 189 $ 14,316,000 $ 75,746 $ 54,000
Perry, Indiana 183 $ 9,401,000 $ 51,371 $ 65,000
Williamson, Illinois 181 $ 12,986,000 $ 71,745 $ 60,000
Hopkins, Kentucky 168 $ 8,908,000 $ 53,023 $ 60,000
Dubois, Indiana 165 $ 14,675,000 $ 88,939 $ 59,000
Jackson, Illinois 164 $ 14,307,000 $ 87,237 $ 58,000
Madison, Indiana 153 $ 9,115,000 $ 59,575 $ 60,000
Union, Kentucky 150 $ 6,259,000 $ 41,726 $ 54,000
Posey, Indiana 149 $ 11,592,000 $ 77,798 $ 67,000
Marion, Indiana 144 $ 15,372,000 $ 106,750 $ 71,000
Monroe, Indiana 144 $ 16,784,000 $ 116,555 $ 117,000
Knox, Indiana 141 $ 8,735,000 $ 61,950 $ 56,000
Randolph, Indiana 132 $ 6,500,000 $ 49,242 $ 53,000
Vermilion, Illinois 124 $ 6,132,000 $ 49,451 $ 54,000
Vermillion, Indiana 122 $ 6,466,000 $ 53,000 $ 60,000
Jefferson, Kentucky 115 $ 16,976,000 $ 147,617 $ 141,000
Putnam, Indiana 109 $ 8,700,000 $ 79,816 $ 66,000
Wayne, Indiana 106 $ 7,049,000 $ 66,500 $ 63,000
Fountain, Indiana 89 $ 4,638,000 $ 52,112 $ 57,000
Parke, Indiana 88 $ 4,711,000 $ 53,534 $ 55,000
Hamilton, Indiana 82 $ 17,681,000 $ 215,621 $ 155,000
Tippecanoe, Indiana 77 $ 7,626,000 $ 99,038 $ 67,000
Daviess, Indiana 71 $ 4,943,000 $ 69,619 $ 59,000
Wabash, Illinois 64 $ 3,352,000 $ 52,375 $ 52,000
Martin, Indiana 64 $ 2,699,000 $ 42,171 $ 46,000
Spencer, Indiana 62 $ 2,421,000 $ 39,048 $ 66,000
Clark, Illinois 57 $ 3,766,000 $ 66,070 $ 80,000
White, Illinois 57 $ 2,508,000 $ 44,000 $ 67,000
Jay, Indiana 52 $ 2,738,000 $ 52,653 $ 45,000
Johnson, Indiana 47 $ 6,022,000 $ 128,127 $ 93,000
Saline, Illinois 45 $ 1,774,000 $ 39,422 $ 46,000
Lawrence, Illinois 43 $ 1,973,000 $ 45,883 $ 55,000
Grant, Indiana 40 $ 3,394,000 $ 84,850 $ 88,000
Darke, Ohio 38 $ 1,853,000 $ 48,763 $ 59,000
St. Joseph, Indiana 36 $ 9,888,000 $ 274,666 $ 266,000
Allen, Indiana 33 $ 3,507,000 $ 106,272 $ 61,000
Jefferson, Illinois 32 $ 1,812,000 $ 56,625 $ 57,000
Elkhart, Indiana 29 $ 5,330,000 $ 183,793 $ 217,000
Hendricks, Indiana 29 $ 4,125,000 $ 142,241 $ 91,000
Orange, Indiana 29 $ 2,513,000 $ 86,655 $ 66,000
Warren, Indiana 27 $ 1,632,000 $ 60,444 $ 41,000
Clay, Indiana 26 $ 2,174,000 $ 83,615 $ 66,000
Hancock, Indiana 22 $ 8,495,000 $ 386,136 $ 89,000
Webster, Kentucky 22 $ 1,678,000 $ 76,272 $ 60,000
Pike, Indiana 21 $ 2,101,000 $ 100,047 $ 63,000
Sullivan, Indiana 20 $ 764,000 $ 38,200 $ 55,000
Cass, Michigan 20 $ 6,564,000 $ 328,200 $ 301,000
Boone, Indiana 18 $ 4,242,000 $ 235,666 $ 149,000
Union, Illinois 15 $ 1,486,000 $ 99,066 $ 87,000
Franklin, Illinois 14 $ 461,000 $ 32,928 $ 57,000
Henry, Indiana 14 $ 549,000 $ 39,214 $ 67,000
Trigg, Kentucky 14 $ 1,167,000 $ 83,357 $ 87,000
Crawford, Illinois 13 $ 285,000 $ 21,923 $ 58,000
Gallatin, Illinois 13 $ 331,000 $ 25,461 $ 50,000
Morgan, Indiana 12 $ 1,129,000 $ 94,083 $ 93,000
Edgar, Illinois 11 $ 1,138,000 $ 103,454 $ 73,000
Floyd, Indiana 11 $ 794,000 $ 72,181 $ 89,000
Greene, Indiana 11 $ 865,000 $ 78,636 $ 67,000
Lawrence, Indiana 11 $ 1,462,000 $ 132,909 $ 76,000
Owen, Indiana 11 $ 1,083,000 $ 98,454 $ 71,000
Clark, Indiana 10 $ 929,000 $ 92,900 $ 76,000
Ohio, Kentucky 10 $ 342,000 $ 34,200 $ 71,000
Crawford, Indiana 9 $ 384,000 $ 42,666 $ 78,000
Oldham, Kentucky 9 $ 3,307,000 $ 367,444 $ 173,000
Johnson, Illinois 8 $ 1,179,000 $ 147,375 $ 147,000
Crittenden, Kentucky 8 $ 194,000 $ 24,250 $ 50,000
Cook, Illinois 7 $ 2,468,000 $ 352,571 $ 211,000
Blackford, Indiana 6 $ 213,000 $ 35,500 $ 66,000
Hancock, Kentucky 6 $ 282,000 $ 47,000 $ 50,000
Logan, Kentucky 6 $ 708,000 $ 118,000 $ 61,000
McLean, Kentucky 6 $ 542,000 $ 90,333 $ 52,000
Manatee, Florida 5 $ 1,936,000 $ 387,200 $ 384,000
Hardin, Illinois 5 $ 182,000 $ 36,400 $ 79,000
Richland, Illinois 5 $ 545,000 $ 109,000 $ 47,000
Benton, Indiana 5 $ 384,000 $ 76,800 $ 48,000
Harrison, Indiana 5 $ 430,000 $ 86,000 $ 77,000
Bullitt, Kentucky 5 $ 368,000 $ 73,600 $ 46,000
Christian, Kentucky 5 $ 225,000 $ 45,000 $ 38,000
Grayson, Kentucky 5 $ 391,000 $ 78,200 $ 35,000
Livingston, Kentucky 5 $ 572,000 $ 114,400 $ 123,000
Lyon, Kentucky 5 $ 640,000 $ 128,000 $ 99,000
Todd, Kentucky 5 $ 353,000 $ 70,600 $ 64,000
Berrien, Michigan 5 $ 1,050,000 $ 210,000 $ 172,000
Lee, Florida 4 $ 1,368,000 $ 342,000 $ 204,000
Douglas, Illinois 4 $ 162,000 $ 40,500 $ 56,000
Edwards, Illinois 4 $ 215,000 $ 53,750 $ 75,000
Perry, Illinois 4 $ 298,000 $ 74,500 $ 63,000
Carroll, Indiana 4 $ 450,000 $ 112,500 $ 59,000
Clinton, Indiana 4 $ 405,000 $ 101,250 $ 80,000
Kosciusko, Indiana 4 $ 789,000 $ 197,250 $ 131,000
Steuben, Indiana 4 $ 843,000 $ 210,750 $ 160,000
Caldwell, Kentucky 4 $ 332,000 $ 83,000 $ 73,000
Warren, Kentucky 4 $ 1,025,000 $ 256,250 $ 277,000
St. Louis, Missouri 4 $ 1,248,000 $ 312,000 $ 71,000
Davidson, Tennessee 4 $ 563,000 $ 140,750 $ 89,000
Orange, Florida 3 $ 929,000 $ 309,666 $ 130,000
Coles, Illinois 3 $ 309,000 $ 103,000 $ 71,000
Bartholomew, Indiana 3 $ 230,000 $ 76,666 $ 52,000
Huntington, Indiana 3 $ 54,000 $ 18,000 $ 68,000
Jackson, Indiana 3 $ 337,000 $ 112,333 $ 76,000
LaPorte, Indiana 3 $ 2,211,000 $ 737,000 $ 205,000
Marshall, Indiana 3 $ 1,877,000 $ 625,666 $ 446,000
Montgomery, Indiana 3 $ 386,000 $ 128,666 $ 79,000
Union, Indiana 3 $ 79,000 $ 26,333 $ 53,000
Washington, Indiana 3 $ 335,000 $ 111,666 $ 144,000
Preble, Ohio 3 $ 118,000 $ 39,333 $ 73,000
Martin, Florida 2 $ 1,435,000 $ 717,500 $ 829,000
Okaloosa, Florida 2 $ 561,000 $ 280,500 $ 299,000
Walton, Florida 2 $ 520,000 $ 260,000 $ 0
Cumberland, Illinois 2 $ 211,000 $ 105,500 $ 68,000
Massac, Illinois 2 $ 89,000 $ 44,500 $ 43,000
St. Clair, Illinois 2 $ 780,000 $ 390,000 $ 135,000
Brown, Indiana 2 $ 220,000 $ 110,000 $ 116,000
Cass, Indiana 2 $ 246,000 $ 123,000 $ 50,000
Tipton, Indiana 2 $ 58,000 $ 29,000 $ 39,000
White, Indiana 2 $ 107,000 $ 53,500 $ 7,000
Whitley, Indiana 2 $ 98,000 $ 49,000 $ 33,000
Breckinridge, Kentucky 2 $ 80,000 $ 40,000 $ 130,000
Butler, Kentucky 2 $ 8,000 $ 4,000 $ 24,000
Calloway, Kentucky 2 $ 126,000 $ 63,000 $ 62,000
Fayette, Kentucky 2 $ 172,000 $ 86,000 $ 134,000
McCracken, Kentucky 2 $ 121,000 $ 60,500 $ 46,000
Mercer, Kentucky 2 $ 938,000 $ 469,000 $ 43,000
Shelby, Kentucky 2 $ 695,000 $ 347,500 $ 88,000
Norfolk, Massachusetts 2 $ 506,000 $ 253,000 $ 383,000
Leelanau, Michigan 2 $ 331,000 $ 165,500 $ 116,000
Iredell, North Carolina 2 $ 715,000 $ 357,500 $ 350,000
Hamilton, Ohio 2 $ 1,507,000 $ 753,500 $ 676,000
Montgomery, Ohio 2 $ 17,000 $ 8,500 $ 24,000
San Bernardino, California 1 $ 35,000 $ 35,000 $ 170,000
Eagle, Colorado 1 $ 1,750,000 $ 1,750,000 $ 1,328,000
Pueblo, Colorado 1 $ 76,000 $ 76,000 $ 22,000
Bay, Florida 1 $ 268,000 $ 268,000 $ 223,000
Charlotte, Florida 1 $ 1,000,000 $ 1,000,000 $ 1,876,000
Collier, Florida 1 $ 1,009,000 $ 1,009,000 $ 4,758,000
Osceola, Florida 1 $ 279,000 $ 279,000 $ 189,000
Palm Beach, Florida 1 $ 460,000 $ 460,000 $ 2,540,000
Sarasota, Florida 1 $ 196,000 $ 196,000 $ 243,000
Sumter, Florida 1 $ 238,000 $ 238,000 $ 398,000
Champaign, Illinois 1 $ 17,000 $ 17,000 $ 80,000
DuPage, Illinois 1 $ 201,000 $ 201,000 $ 83,000
Jasper, Illinois 1 $ 8,000 $ 8,000 $ 37,000
Kankakee, Illinois 1 $ 400,000 $ 400,000 $ 153,000
Peoria, Illinois 1 $ 146,000 $ 146,000 $ 38,000
Piatt, Illinois 1 $ 10,000 $ 10,000 $ 43,000
Pope, Illinois 1 $ 47,000 $ 47,000 $ 30,000
Pulaski, Illinois 1 $ 30,000 $ 30,000 $ 60,000
Randolph, Illinois 1 $ 45,000 $ 45,000 $ 36,000
Wayne, Illinois 1 $ 5,000 $ 5,000 $ 81,000
Will, Illinois 1 $ 4,000 $ 4,000 $ 78,000
Dearborn, Indiana 1 $ 190,000 $ 190,000 $ 27,000
Decatur, Indiana 1 $ 26,000 $ 26,000 $ 27,000
Fulton, Indiana 1 $ 90,000 $ 90,000 $ 160,000
Howard, Indiana 1 $ 135,000 $ 135,000 $ 60,000
Noble, Indiana 1 $ 48,000 $ 48,000 $ 82,000
Shelby, Indiana 1 $ 56,000 $ 56,000 $ 101,000
Wells, Indiana 1 $ 90,000 $ 90,000 $ 35,000
Estill, Kentucky 1 $ 174,000 $ 174,000 $ 42,000
Mason, Kentucky 1 $ 208,000 $ 208,000 $ 200,000
Pulaski, Kentucky 1 $ 176,000 $ 176,000 $ 324,000
Russell, Kentucky 1 $ 417,000 $ 417,000 $ 280,000
Allegan, Michigan 1 $ 100,000 $ 100,000 $ 315,000
Isabella, Michigan 1 $ 40,000 $ 40,000 $ 49,000
St. Joseph, Michigan 1 $ 167,000 $ 167,000 $ 356,000
Washtenaw, Michigan 1 $ 182,000 $ 182,000 $ 106,000
Hennepin, Minnesota 1 $ 1,000,000 $ 1,000,000 $ 1,855,000
Carter, Missouri 1 $ 64,000 $ 64,000 $ 138,000
St. Louis City, Missouri 1 $ 204,000 $ 204,000 $ 0
Chatham, North Carolina 1 $ 190,000 $ 190,000 $ 53,000
Butler, Ohio 1 $ 113,000 $ 113,000 $ 41,000
Clermont, Ohio 1 $ 279,000 $ 279,000 $ 96,000
Clinton, Ohio 1 $ 14,000 $ 14,000 $ 78,000
Columbiana, Ohio 1 $ 30,000 $ 30,000 $ 21,000
Josephine, Oregon 1 $ 70,000 $ 70,000 $ 61,000
Philadelphia, Pennsylvania 1 $ 200,000 $ 200,000 $ 114,000
Georgetown, South Carolina 1 $ 40,000 $ 40,000 $ 117,000
Horry, South Carolina 1 $ 109,000 $ 109,000 $ 260,000
Spartanburg, South Carolina 1 $ 132,000 $ 132,000 $ 59,000
Greene, Tennessee 1 $ 83,000 $ 83,000 $ 0
Madison, Tennessee 1 $ 63,000 $ 63,000 $ 0
Sevier, Tennessee 1 $ 254,000 $ 254,000 $ 108,000
Bexar, Texas 1 $ 130,000 $ 130,000 $ 188,000
Loudoun, Virginia 1 $ 55,000 $ 55,000 $ 207,000
King, Washington 1 $ 233,000 $ 233,000 $ 52,000
Whatcom, Washington 1 $ 274,000 $ 274,000 $ 158,000

Mortgage Loan Application Detail Totals for Old National Bank in 2008

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 3,647 $355,321,000 $97,000 $2,067,000 $79,000 $4,758,000
Home Purchase 2,796 $308,344,000 $110,000 $1,500,000 $66,000 $3,412,000
Home Improvement 1,890 $43,935,000 $23,000 $5,900,000 $58,000 $1,070,000

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 7,160 $606,063,000 $84,000 $1,760,000 $72,000 $4,758,000
Not Provided 703 $36,516,000 $51,000 $1,487,000 $71,000 $738,000
Black or African American 183 $12,988,000 $70,000 $640,000 $51,000 $238,000
Not applicable 147 $35,782,000 $243,000 $5,900,000 $0 $0
Hispanic 82 $6,737,000 $82,000 $632,000 $57,000 $244,000
Asian 46 $8,632,000 $187,000 $1,300,000 $143,000 $1,583,000
American Indian or Alaskan Native 8 $444,000 $55,000 $365,000 $45,000 $104,000
Native Hawaiian or Other Pacific Islander 4 $438,000 $109,000 $208,000 $52,000 $96,000

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) 6,916 $574,573,000 $83,000 $5,900,000 $75,000 $4,758,000
FHA-insured (Federal Housing Administration) 1,120 $109,421,000 $97,000 $275,000 $47,000 $320,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 281 $21,806,000 $77,000 $187,000 $35,000 $92,000
VA-guaranteed (Veterans Administration) 16 $1,800,000 $112,000 $191,000 $59,000 $105,000

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 4,232 $353,482,000 $83,000 $1,750,000 $80,000 $4,758,000
Application Denied By Financial Institution 1,912 $127,572,000 $66,000 $5,900,000 $55,000 $1,328,000
Preapproval Denied by Financial Institution 665 $56,657,000 $85,000 $650,000 $39,000 $450,000
Application Approved But Not Accepted 538 $34,178,000 $63,000 $700,000 $68,000 $600,000
Application Withdrawn By Applicant 520 $70,315,000 $135,000 $1,750,000 $85,000 $2,540,000
File Closed For Incompleteness 250 $40,468,000 $161,000 $1,760,000 $92,000 $990,000
Preapproval Approved but not Accepted 216 $24,928,000 $115,000 $417,000 $50,000 $224,000
Loan Purchased By The 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 1,278 $78,386,000 $61,000 $640,000 $48,000 $425,000
Debt-To-Income Ratio 652 $44,142,000 $67,000 $650,000 $43,000 $275,000
Collateral 295 $26,291,000 $89,000 $1,500,000 $71,000 $1,328,000
Other 183 $15,639,000 $85,000 $5,900,000 $67,000 $1,070,000
Insufficient Cash (Downpayment, Closing Cost) 95 $11,690,000 $123,000 $1,200,000 $45,000 $250,000
Employment History 28 $1,951,000 $69,000 $161,000 $35,000 $70,000
Credit Application Incomplete 20 $3,770,000 $188,000 $2,067,000 $53,000 $130,000
Mortgage Insurance Denied 13 $1,686,000 $129,000 $650,000 $87,000 $450,000
Unverifiable Information 13 $674,000 $51,000 $101,000 $66,000 $296,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Old National Bank's 2008 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 Old National 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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