Illinois Bank & Trust Mortgage Lending & HMDA Data, 2010
In 2010, Illinois Bank & Trust of Rockford, IL reported 510 mortgage applications totaling $62.8 million, down 25% from 2009. The average application was for $123,141, and applicants reported an average income of $86,558. 83% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Rockford, IL (451), Chicago-Joliet-Naperville, IL (28) and Lake County-Kenosha County, IL-WI (4) (applications in parentheses).
| Mortgage Company & Address | Illinois Bank & Trust 6855 E Riverside Blvd Rockford, IL 61114 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 510 |
| Total Mortgage Loan Application Amount | $62,802,000 |
| Average Mortgage Loan Application Amount | $123,141 |
| Highest Mortgage Loan Application Amount | $543,000 |
| Average Applicant Income | $86,558 |
| Highest Applicant Income | $792,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Illinois Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Winnebago, Illinois | 389 | $ 41,166,000 | $ 105,825 | $ 74,000 |
| Boone, Illinois | 62 | $ 10,168,000 | $ 164,000 | $ 114,000 |
| McHenry, Illinois | 12 | $ 3,078,000 | $ 256,500 | $ 165,000 |
| Cook, Illinois | 8 | $ 1,692,000 | $ 211,500 | $ 199,000 |
| Lake, Illinois | 4 | $ 805,000 | $ 201,250 | $ 78,000 |
| Ogle, Illinois | 4 | $ 512,000 | $ 128,000 | $ 58,000 |
| DeKalb, Illinois | 3 | $ 506,000 | $ 168,666 | $ 108,000 |
| Kane, Illinois | 3 | $ 559,000 | $ 186,333 | $ 112,000 |
| Maricopa, Arizona | 2 | $ 265,000 | $ 132,500 | $ 78,000 |
| Jo Daviess, Illinois | 2 | $ 274,000 | $ 137,000 | $ 97,000 |
| Stephenson, Illinois | 2 | $ 582,000 | $ 291,000 | $ 99,000 |
| Dane, Wisconsin | 2 | $ 115,000 | $ 57,500 | $ 87,000 |
| Rock, Wisconsin | 2 | $ 264,000 | $ 132,000 | $ 54,000 |
| Vilas, Wisconsin | 2 | $ 265,000 | $ 132,500 | $ 240,000 |
| Osceola, Florida | 1 | $ 161,000 | $ 161,000 | $ 365,000 |
| DuPage, Illinois | 1 | $ 380,000 | $ 380,000 | $ 128,000 |
| McLean, Illinois | 1 | $ 109,000 | $ 109,000 | $ 144,000 |
| Will, Illinois | 1 | $ 240,000 | $ 240,000 | $ 164,000 |
| Cass, Minnesota | 1 | $ 96,000 | $ 96,000 | $ 121,000 |
| Clark, Nevada | 1 | $ 118,000 | $ 118,000 | $ 152,000 |
| Adams, Wisconsin | 1 | $ 173,000 | $ 173,000 | $ 337,000 |
| Forest, Wisconsin | 1 | $ 185,000 | $ 185,000 | $ 144,000 |
| Jefferson, Wisconsin | 1 | $ 72,000 | $ 72,000 | $ 163,000 |
| Juneau, Wisconsin | 1 | $ 151,000 | $ 151,000 | $ 172,000 |
| Milwaukee, Wisconsin | 1 | $ 247,000 | $ 247,000 | $ 100,000 |
Mortgage Loan Application Detail Totals for Illinois Bank & Trust in 2010
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 | 357 | $47,403,000 | $132,000 | $442,000 | $93,000 | $792,000 |
| Home Purchase | 123 | $14,967,000 | $121,000 | $543,000 | $68,000 | $240,000 |
| Home Improvement | 30 | $432,000 | $14,000 | $105,000 | $86,000 | $250,000 |
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 | 439 | $56,512,000 | $128,000 | $543,000 | $91,000 | $792,000 |
| Not Provided | 31 | $3,561,000 | $114,000 | $419,000 | $80,000 | $202,000 |
| Not applicable | 14 | $584,000 | $41,000 | $101,000 | $0 | $0 |
| Hispanic | 11 | $736,000 | $66,000 | $112,000 | $50,000 | $99,000 |
| Black or African American | 9 | $527,000 | $58,000 | $112,000 | $72,000 | $250,000 |
| Asian | 5 | $864,000 | $172,000 | $330,000 | $121,000 | $197,000 |
| American Indian or Alaskan Native | 1 | $18,000 | $18,000 | $18,000 | $92,000 | $92,000 |
| 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) | 482 | $59,172,000 | $122,000 | $543,000 | $88,000 | $792,000 |
| FHA-insured (Federal Housing Administration) | 28 | $3,630,000 | $129,000 | $383,000 | $68,000 | $236,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 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 | 421 | $52,304,000 | $124,000 | $442,000 | $88,000 | $792,000 |
| Application Approved But Not Accepted | 42 | $5,367,000 | $127,000 | $417,000 | $84,000 | $284,000 |
| Application Denied By Financial Institution | 31 | $2,904,000 | $93,000 | $240,000 | $89,000 | $250,000 |
| Application Withdrawn By Applicant | 14 | $1,608,000 | $114,000 | $272,000 | $62,000 | $131,000 |
| Preapproval Denied by Financial Institution | 2 | $619,000 | $309,000 | $543,000 | $133,000 | $231,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 Illinois Bank & Trust's 2010 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 Illinois 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 Illinois, download the full spreadsheet
with aggregated HMDA statistics today.
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