Plains Commerce Bank Mortgage Lending & HMDA Data, 2017

In 2017, Plains Commerce Bank of Hoven, SD reported 3,469 mortgage applications totaling $625.8 million, up 10% from 2016. The average application was for $180,400, and applicants reported an average income of $78,955. 67% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Sioux Falls, SD (1,939), Bismarck, ND (88) and Minneapolis-St. Paul-Bloomington, MN-WI (44) (applications in parentheses).

Mortgage Company & Address Plains Commerce Bank
220 Main St
Hoven, SD 57450
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  
Total Number of Mortgage Applications 3,469
Total Mortgage Loan Application Amount $625,811,000
Average Mortgage Loan Application Amount $180,400
Highest Mortgage Loan Application Amount $3,600,000
Average Applicant Income $78,955
Highest Applicant Income $1,211,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Plains Commerce Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Plains Commerce Bank by County in 2017

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Minnehaha, South Dakota 1,269 $ 226,295,000 $ 178,325 $ 74,000
Lincoln, South Dakota 605 $ 132,554,000 $ 219,097 $ 92,000
Codington, South Dakota 141 $ 21,094,000 $ 149,602 $ 66,000
Brown, South Dakota 131 $ 21,823,000 $ 166,587 $ 65,000
Davison, South Dakota 66 $ 10,037,000 $ 152,075 $ 72,000
Redwood, Minnesota 60 $ 6,936,000 $ 115,600 $ 67,000
Burleigh, North Dakota 55 $ 11,640,000 $ 211,636 $ 94,000
Nobles, Minnesota 46 $ 6,418,000 $ 139,521 $ 76,000
Rock, Minnesota 46 $ 7,435,000 $ 161,630 $ 73,000
Turner, South Dakota 45 $ 7,478,000 $ 166,177 $ 68,000
Lake, South Dakota 42 $ 8,710,000 $ 207,380 $ 105,000
Lyon, Minnesota 39 $ 5,507,000 $ 141,205 $ 90,000
Clay, South Dakota 35 $ 5,423,000 $ 154,942 $ 69,000
Morton, North Dakota 33 $ 7,685,000 $ 232,878 $ 81,000
Spink, South Dakota 30 $ 3,844,000 $ 128,133 $ 63,000
Cottonwood, Minnesota 29 $ 3,200,000 $ 110,344 $ 49,000
Steele, Minnesota 28 $ 4,586,000 $ 163,785 $ 87,000
Brookings, South Dakota 24 $ 4,583,000 $ 190,958 $ 72,000
Yankton, South Dakota 24 $ 3,929,000 $ 163,708 $ 68,000
Brown, Minnesota 21 $ 2,898,000 $ 138,000 $ 71,000
Murray, Minnesota 21 $ 2,923,000 $ 139,190 $ 65,000
Hamlin, South Dakota 21 $ 2,351,000 $ 111,952 $ 57,000
McCook, South Dakota 20 $ 3,489,000 $ 174,450 $ 83,000
Olmsted, Minnesota 18 $ 2,796,000 $ 155,333 $ 93,000
Blue Earth, Minnesota 17 $ 3,175,000 $ 186,764 $ 95,000
Nicollet, Minnesota 15 $ 2,856,000 $ 190,400 $ 99,000
Chippewa, Minnesota 14 $ 1,077,000 $ 76,928 $ 46,000
Moody, South Dakota 14 $ 1,955,000 $ 139,642 $ 65,000
Union, South Dakota 14 $ 1,744,000 $ 124,571 $ 62,000
Woodbury, Iowa 13 $ 2,513,000 $ 193,307 $ 80,000
Kandiyohi, Minnesota 13 $ 2,164,000 $ 166,461 $ 62,000
Jackson, Minnesota 12 $ 1,471,000 $ 122,583 $ 55,000
Renville, Minnesota 12 $ 1,559,000 $ 129,916 $ 92,000
Deuel, South Dakota 12 $ 1,824,000 $ 152,000 $ 53,000
Kingsbury, South Dakota 12 $ 2,986,000 $ 248,833 $ 68,000
Dickinson, Iowa 11 $ 3,267,000 $ 297,000 $ 198,000
Dawson, Nebraska 11 $ 1,113,000 $ 101,181 $ 67,000
Beadle, South Dakota 11 $ 1,795,000 $ 163,181 $ 96,000
Potter, South Dakota 11 $ 1,938,000 $ 176,181 $ 72,000
Big Stone, Minnesota 10 $ 961,000 $ 96,100 $ 81,000
Yellow Medicine, Minnesota 10 $ 1,308,000 $ 130,800 $ 73,000
Clark, South Dakota 10 $ 1,298,000 $ 129,800 $ 69,000
Day, South Dakota 10 $ 1,375,000 $ 137,500 $ 59,000
Hand, South Dakota 10 $ 2,098,000 $ 209,800 $ 66,000
Hanson, South Dakota 10 $ 1,727,000 $ 172,700 $ 87,000
Lawrence, South Dakota 10 $ 3,225,000 $ 322,500 $ 233,000
Pottawattamie, Iowa 9 $ 1,179,000 $ 131,000 $ 85,000
Le Sueur, Minnesota 9 $ 2,514,000 $ 279,333 $ 139,000
Lincoln, Minnesota 9 $ 919,000 $ 102,111 $ 59,000
Stark, North Dakota 9 $ 2,021,000 $ 224,555 $ 79,000
Edmunds, South Dakota 9 $ 1,141,000 $ 126,777 $ 74,000
Faulk, South Dakota 9 $ 918,000 $ 102,000 $ 66,000
Hennepin, Minnesota 8 $ 1,889,000 $ 236,125 $ 102,000
Sibley, Minnesota 8 $ 580,000 $ 72,500 $ 48,000
Waseca, Minnesota 8 $ 1,012,000 $ 126,500 $ 79,000
De Witt, Illinois 7 $ 1,137,000 $ 162,428 $ 134,000
Sioux, Iowa 7 $ 1,050,000 $ 150,000 $ 64,000
Pipestone, Minnesota 7 $ 1,521,000 $ 217,285 $ 84,000
Furnas, Nebraska 7 $ 1,104,000 $ 157,714 $ 71,000
Aurora, South Dakota 7 $ 975,000 $ 139,285 $ 89,000
Maricopa, Arizona 6 $ 2,411,000 $ 401,833 $ 186,000
Rice, Minnesota 6 $ 1,155,000 $ 192,500 $ 79,000
Douglas, Nebraska 6 $ 1,830,000 $ 305,000 $ 179,000
Charles Mix, South Dakota 6 $ 1,323,000 $ 220,500 $ 108,000
Hyde, South Dakota 6 $ 1,172,000 $ 195,333 $ 38,000
Crow Wing, Minnesota 5 $ 877,000 $ 175,400 $ 103,000
Dakota, Minnesota 5 $ 1,402,000 $ 280,400 $ 154,000
Dodge, Minnesota 5 $ 967,000 $ 193,400 $ 66,000
Lac qui Parle, Minnesota 5 $ 838,000 $ 167,600 $ 81,000
Stearns, Minnesota 5 $ 927,000 $ 185,400 $ 149,000
Colfax, Nebraska 5 $ 547,000 $ 109,400 $ 42,000
Harlan, Nebraska 5 $ 842,000 $ 168,400 $ 95,000
Lyon, Iowa 4 $ 799,000 $ 199,750 $ 64,000
Plymouth, Iowa 4 $ 748,000 $ 187,000 $ 66,000
Benton, Minnesota 4 $ 755,000 $ 188,750 $ 99,000
Sherburne, Minnesota 4 $ 1,159,000 $ 289,750 $ 94,000
McLean, North Dakota 4 $ 803,000 $ 200,750 $ 78,000
Hutchinson, South Dakota 4 $ 277,000 $ 69,250 $ 69,000
Marshall, South Dakota 4 $ 473,000 $ 118,250 $ 54,000
Meade, South Dakota 4 $ 844,000 $ 211,000 $ 88,000
Walworth, South Dakota 4 $ 956,000 $ 239,000 $ 71,000
Adams, Iowa 3 $ 235,000 $ 78,333 $ 39,000
O'Brien, Iowa 3 $ 584,000 $ 194,666 $ 72,000
Cedar, Nebraska 3 $ 575,000 $ 191,666 $ 92,000
Dickey, North Dakota 3 $ 1,943,000 $ 647,666 $ 13,000
McIntosh, North Dakota 3 $ 147,000 $ 49,000 $ 125,000
Bon Homme, South Dakota 3 $ 587,000 $ 195,666 $ 68,000
Brule, South Dakota 3 $ 931,000 $ 310,333 $ 34,000
McPherson, South Dakota 3 $ 152,000 $ 50,666 $ 28,000
Pennington, South Dakota 3 $ 351,000 $ 117,000 $ 76,000
Roberts, South Dakota 3 $ 301,000 $ 100,333 $ 61,000
Sanborn, South Dakota 3 $ 115,000 $ 38,333 $ 67,000
Montgomery, Tennessee 3 $ 821,000 $ 273,666 $ 81,000
Robertson, Tennessee 3 $ 263,000 $ 87,666 $ 34,000
Pinellas, Florida 2 $ 281,000 $ 140,500 $ 294,000
Emmet, Iowa 2 $ 645,000 $ 322,500 $ 159,000
Mills, Iowa 2 $ 282,000 $ 141,000 $ 47,000
Cook, Minnesota 2 $ 434,000 $ 217,000 $ 69,000
Douglas, Minnesota 2 $ 338,000 $ 169,000 $ 58,000
Freeborn, Minnesota 2 $ 406,000 $ 203,000 $ 60,000
Goodhue, Minnesota 2 $ 632,000 $ 316,000 $ 197,000
Hubbard, Minnesota 2 $ 223,000 $ 111,500 $ 140,000
Martin, Minnesota 2 $ 140,000 $ 70,000 $ 61,000
McLeod, Minnesota 2 $ 250,000 $ 125,000 $ 49,000
Mille Lacs, Minnesota 2 $ 320,000 $ 160,000 $ 76,000
Ramsey, Minnesota 2 $ 339,000 $ 169,500 $ 63,000
Scott, Minnesota 2 $ 503,000 $ 251,500 $ 40,000
Wabasha, Minnesota 2 $ 175,000 $ 87,500 $ 29,000
Chase, Nebraska 2 $ 155,000 $ 77,500 $ 59,000
Dakota, Nebraska 2 $ 218,000 $ 109,000 $ 59,000
Howard, Nebraska 2 $ 319,000 $ 159,500 $ 100,000
Sarpy, Nebraska 2 $ 268,000 $ 134,000 $ 114,000
Cass, North Dakota 2 $ 332,000 $ 166,000 $ 84,000
Hettinger, North Dakota 2 $ 244,000 $ 122,000 $ 62,000
Ransom, North Dakota 2 $ 483,000 $ 241,500 $ 116,000
Douglas, South Dakota 2 $ 208,000 $ 104,000 $ 68,000
Grant, South Dakota 2 $ 376,000 $ 188,000 $ 66,000
Gregory, South Dakota 2 $ 260,000 $ 130,000 $ 101,000
Hughes, South Dakota 2 $ 576,000 $ 288,000 $ 93,000
Mohave, Arizona 1 $ 155,000 $ 155,000 $ 114,000
Pinal, Arizona 1 $ 182,000 $ 182,000 $ 36,000
Napa, California 1 $ 509,000 $ 509,000 $ 95,000
Chaffee, Colorado 1 $ 227,000 $ 227,000 $ 80,000
Gunnison, Colorado 1 $ 147,000 $ 147,000 $ 127,000
Teller, Colorado 1 $ 294,000 $ 294,000 $ 110,000
Charlotte, Florida 1 $ 154,000 $ 154,000 $ 69,000
Lee, Florida 1 $ 247,000 $ 247,000 $ 178,000
Sumter, Florida 1 $ 424,000 $ 424,000 $ 1,211,000
McLean, Illinois 1 $ 288,000 $ 288,000 $ 103,000
Dallas, Iowa 1 $ 266,000 $ 266,000 $ 62,000
Kossuth, Iowa 1 $ 219,000 $ 219,000 $ 38,000
Marion, Iowa 1 $ 55,000 $ 55,000 $ 83,000
Monona, Iowa 1 $ 81,000 $ 81,000 $ 50,000
Osceola, Iowa 1 $ 98,000 $ 98,000 $ 34,000
Palo Alto, Iowa 1 $ 109,000 $ 109,000 $ 40,000
Wayne, Michigan 1 $ 90,000 $ 90,000 $ 66,000
Aitkin, Minnesota 1 $ 252,000 $ 252,000 $ 127,000
Anoka, Minnesota 1 $ 240,000 $ 240,000 $ 126,000
Becker, Minnesota 1 $ 180,000 $ 180,000 $ 150,000
Carlton, Minnesota 1 $ 153,000 $ 153,000 $ 41,000
Chisago, Minnesota 1 $ 244,000 $ 244,000 $ 141,000
Faribault, Minnesota 1 $ 41,000 $ 41,000 $ 25,000
Fillmore, Minnesota 1 $ 127,000 $ 127,000 $ 25,000
Mower, Minnesota 1 $ 120,000 $ 120,000 $ 44,000
Otter Tail, Minnesota 1 $ 134,000 $ 134,000 $ 121,000
Polk, Minnesota 1 $ 140,000 $ 140,000 $ 40,000
Pope, Minnesota 1 $ 480,000 $ 480,000 $ 180,000
Todd, Minnesota 1 $ 172,000 $ 172,000 $ 117,000
Washington, Minnesota 1 $ 336,000 $ 336,000 $ 143,000
Watonwan, Minnesota 1 $ 48,000 $ 48,000 $ 30,000
Wright, Minnesota 1 $ 261,000 $ 261,000 $ 184,000
Custer, Nebraska 1 $ 342,000 $ 342,000 $ 102,000
Dixon, Nebraska 1 $ 85,000 $ 85,000 $ 42,000
Franklin, Nebraska 1 $ 130,000 $ 130,000 $ 25,000
Frontier, Nebraska 1 $ 242,000 $ 242,000 $ 107,000
Keith, Nebraska 1 $ 424,000 $ 424,000 $ 273,000
Knox, Nebraska 1 $ 424,000 $ 424,000 $ 139,000
Lancaster, Nebraska 1 $ 64,000 $ 64,000 $ 80,000
Morrill, Nebraska 1 $ 48,000 $ 48,000 $ 43,000
Saline, Nebraska 1 $ 133,000 $ 133,000 $ 44,000
Adams, North Dakota 1 $ 150,000 $ 150,000 $ 134,000
Bowman, North Dakota 1 $ 296,000 $ 296,000 $ 155,000
Dunn, North Dakota 1 $ 208,000 $ 208,000 $ 87,000
Logan, North Dakota 1 $ 168,000 $ 168,000 $ 197,000
Stutsman, North Dakota 1 $ 64,000 $ 64,000 $ 0
Cleveland, Oklahoma 1 $ 254,000 $ 254,000 $ 276,000
Custer, South Dakota 1 $ 170,000 $ 170,000 $ 46,000
Fall River, South Dakota 1 $ 50,000 $ 50,000 $ 144,000
Jerauld, South Dakota 1 $ 40,000 $ 40,000 $ 72,000
Cache, Utah 1 $ 190,000 $ 190,000 $ 32,000
Burnett, Wisconsin 1 $ 143,000 $ 143,000 $ 109,000
Dane, Wisconsin 1 $ 394,000 $ 394,000 $ 124,000
Marathon, Wisconsin 1 $ 3,600,000 $ 3,600,000 $ 0
Price, Wisconsin 1 $ 179,000 $ 179,000 $ 127,000

Mortgage Loan Application Detail Totals for Plains Commerce Bank in 2017

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 2,193 $392,990,000 $179,000 $3,600,000 $75,000 $1,211,000
Refinancing 1,118 $210,671,000 $188,000 $2,600,000 $86,000 $600,000
Home Improvement 158 $22,150,000 $140,000 $660,000 $84,000 $337,000

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 3,195 $572,197,000 $179,000 $1,291,000 $81,000 $1,211,000
Hispanic 133 $20,045,000 $150,000 $398,000 $55,000 $284,000
Not Provided 49 $7,766,000 $158,000 $364,000 $90,000 $600,000
Black or African American 29 $5,106,000 $176,000 $383,000 $55,000 $154,000
Not applicable 19 $12,200,000 $642,000 $3,600,000 $0 $0
American Indian or Alaskan Native 19 $3,234,000 $170,000 $411,000 $66,000 $179,000
Asian 18 $3,832,000 $212,000 $412,000 $86,000 $458,000
Native Hawaiian or Other Pacific Islander 7 $1,431,000 $204,000 $279,000 $57,000 $76,000

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) 2,193 $416,035,000 $189,000 $3,600,000 $92,000 $1,211,000
FHA-insured (Federal Housing Administration) 800 $131,444,000 $164,000 $509,000 $58,000 $221,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 310 $42,935,000 $138,000 $485,000 $49,000 $105,000
VA-guaranteed (Veterans Administration) 166 $35,397,000 $213,000 $678,000 $73,000 $218,000

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 2,317 $421,525,000 $181,000 $2,600,000 $80,000 $1,211,000
Application Approved But Not Accepted 541 $98,330,000 $181,000 $3,600,000 $81,000 $633,000
Application Withdrawn By Applicant 354 $67,617,000 $191,000 $1,814,000 $82,000 $614,000
Application Denied By Financial Institution 256 $37,915,000 $148,000 $480,000 $61,000 $600,000
File Closed For Incompleteness 1 $424,000 $424,000 $424,000 $0 $0
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
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 Plains Commerce Bank's 2017 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 Plains Commerce 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 South Dakota, download the full spreadsheet with aggregated HMDA statistics today.

Download the South Dakota Lender List