Pioneer Bank & Trust Mortgage Lending & HMDA Data, 2025
In 2025, Pioneer Bank & Trust of Spearfish, SD reported 192 mortgage applications totaling $69.7 million, up 11% from 2024. The average application was for $363,229, and applicants reported an average income of $199,479. 72% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Rapid City, SD (80), Sioux Falls, SD (3) and Phoenix-Mesa-Scottsdale, AZ (2) (applications in parentheses).
| Mortgage Company & Address | Pioneer Bank & Trust 125 E Colorado Blvd Ste 1a Spearfish, SD 57783 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 |
| Total Number of Mortgage Applications | 192 |
| Total Mortgage Loan Application Amount | $69,740,000 |
| Average Mortgage Loan Application Amount | $363,229 |
| Highest Mortgage Loan Application Amount | $3,005,000 |
| Average Applicant Income | $199,479 |
| Highest Applicant Income | $3,113,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Pioneer Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Lawrence, South Dakota | 72 | $ 26,650,000 | $ 370,138 | $ 229,000 |
| Pennington, South Dakota | 52 | $ 19,440,000 | $ 373,846 | $ 149,000 |
| Meade, South Dakota | 27 | $ 8,885,000 | $ 329,074 | $ 193,000 |
| Butte, South Dakota | 19 | $ 8,045,000 | $ 423,421 | $ 196,000 |
| Harding, South Dakota | 5 | $ 855,000 | $ 171,000 | $ 158,000 |
| Crook, Wyoming | 4 | $ 1,320,000 | $ 330,000 | $ 103,000 |
| Minnehaha, South Dakota | 2 | $ 660,000 | $ 330,000 | $ 100,000 |
| Maricopa, Arizona | 1 | $ 775,000 | $ 775,000 | $ 1,098,000 |
| Pinal, Arizona | 1 | $ 605,000 | $ 605,000 | $ 280,000 |
| Mesa, Colorado | 1 | $ 105,000 | $ 105,000 | $ 81,000 |
| Cass, North Dakota | 1 | $ 295,000 | $ 295,000 | $ 111,000 |
| Logan, Oklahoma | 1 | $ 175,000 | $ 175,000 | $ 90,000 |
| Custer, South Dakota | 1 | $ 115,000 | $ 115,000 | $ 112,000 |
| Hyde, South Dakota | 1 | $ 365,000 | $ 365,000 | $ 107,000 |
| Lincoln, South Dakota | 1 | $ 205,000 | $ 205,000 | $ 50,000 |
| Portsmouth, Virginia | 1 | $ 425,000 | $ 425,000 | $ 147,000 |
| Laramie, Wyoming | 1 | $ 155,000 | $ 155,000 | $ 108,000 |
| Weston, Wyoming | 1 | $ 665,000 | $ 665,000 | $ 204,000 |
Mortgage Loan Application Detail Totals for Pioneer Bank & Trust in 2025
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 | 141 | $54,325,000 | $385,000 | $1,745,000 | $232,000 | $3,113,000 |
| Refinancing | 23 | $8,465,000 | $368,000 | $3,005,000 | $128,000 | $321,000 |
| Cash-out Refinancing | 17 | $5,275,000 | $310,000 | $545,000 | $79,000 | $158,000 |
| Home Improvement | 6 | $750,000 | $125,000 | $265,000 | $131,000 | $235,000 |
| Other Purpose | 5 | $925,000 | $185,000 | $405,000 | $103,000 | $259,000 |
| 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 | 147 | $48,855,000 | $332,000 | $1,745,000 | $172,000 | $3,113,000 |
| Not applicable | 19 | $11,395,000 | $599,000 | $3,005,000 | $0 | $0 |
| Not Provided | 11 | $3,545,000 | $322,000 | $725,000 | $200,000 | $437,000 |
| American Indian or Alaskan Native | 10 | $4,180,000 | $418,000 | $875,000 | $531,000 | $1,528,000 |
| Asian | 2 | $880,000 | $440,000 | $495,000 | $142,000 | $160,000 |
| Black or African American | 2 | $630,000 | $315,000 | $425,000 | $91,000 | $147,000 |
| Hispanic | 1 | $255,000 | $255,000 | $255,000 | $665,000 | $665,000 |
| 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) | 163 | $58,755,000 | $360,000 | $3,005,000 | $215,000 | $3,113,000 |
| VA-guaranteed (Veterans Administration) | 16 | $6,880,000 | $430,000 | $885,000 | $110,000 | $202,000 |
| FHA-insured (Federal Housing Administration) | 12 | $3,860,000 | $321,000 | $525,000 | $101,000 | $156,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $245,000 | $245,000 | $245,000 | $72,000 | $72,000 |
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 | 139 | $52,745,000 | $379,000 | $3,005,000 | $217,000 | $3,113,000 |
| Application Withdrawn By Applicant | 30 | $10,690,000 | $356,000 | $805,000 | $199,000 | $665,000 |
| Application Denied By Financial Institution | 16 | $4,810,000 | $300,000 | $805,000 | $93,000 | $242,000 |
| Application Approved But Not Accepted | 4 | $920,000 | $230,000 | $395,000 | $82,000 | $124,000 |
| File Closed For Incompleteness | 3 | $575,000 | $191,000 | $305,000 | $86,000 | $102,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 192 | $69,740,000 | $363,000 | $3,005,000 | $197,000 | $3,113,000 |
| 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 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Pioneer Bank & Trust's 2025 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 Pioneer Bank & Trust'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 South Dakota, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About