State Bank & Trust Co. Mortgage Lending & HMDA Data, 2016
In 2016, State Bank & Trust Co. of Nevada, IA reported 32 mortgage applications totaling $5.1 million, up 7% from 2015. The average application was for $158,375, and applicants reported an average income of $72,218. 44% of its applications resulted in an originated loan and 38% were denied. Its largest markets were Ames, IA (25) and Des Moines-West Des Moines, IA (5).
| Mortgage Company & Address | State Bank & Trust Co. 1025 6th St. Nevada, IA 50201 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 |
| Total Number of Mortgage Applications | 32 |
| Total Mortgage Loan Application Amount | $5,068,000 |
| Average Mortgage Loan Application Amount | $158,375 |
| Highest Mortgage Loan Application Amount | $585,000 |
| Average Applicant Income | $72,218 |
| Highest Applicant Income | $194,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records State Bank & Trust Co. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Story, Iowa | 25 | $ 3,189,000 | $ 127,560 | $ 79,000 |
| Polk, Iowa | 3 | $ 772,000 | $ 257,333 | $ 81,000 |
| Hawaii, Hawaii | 1 | $ 541,000 | $ 541,000 | $ 0 |
| Dallas, Iowa | 1 | $ 393,000 | $ 393,000 | $ 0 |
| Guthrie, Iowa | 1 | $ 104,000 | $ 104,000 | $ 43,000 |
| Hardin, Iowa | 1 | $ 69,000 | $ 69,000 | $ 50,000 |
Mortgage Loan Application Detail Totals for State Bank & Trust Co. in 2016
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 | 15 | $2,567,000 | $171,000 | $541,000 | $69,000 | $194,000 |
| Home Purchase | 14 | $2,379,000 | $169,000 | $585,000 | $77,000 | $192,000 |
| Home Improvement | 3 | $122,000 | $40,000 | $70,000 | $66,000 | $139,000 |
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 | 22 | $3,244,000 | $147,000 | $585,000 | $85,000 | $192,000 |
| Not Provided | 6 | $594,000 | $99,000 | $168,000 | $74,000 | $194,000 |
| Not applicable | 3 | $837,000 | $279,000 | $541,000 | $0 | $0 |
| Asian | 1 | $393,000 | $393,000 | $393,000 | $0 | $0 |
| Black or African American | 0 | $0 | $0 | $0 | $0 | $0 |
| Hispanic | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiin or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 32 | $5,068,000 | $158,000 | $585,000 | $72,000 | $194,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 14 | $2,566,000 | $183,000 | $585,000 | $69,000 | $194,000 |
| Application Denied By Financial Institution | 12 | $1,900,000 | $158,000 | $423,000 | $69,000 | $160,000 |
| Application Approved But Not Accepted | 6 | $602,000 | $100,000 | $126,000 | $85,000 | $163,000 |
| Application Withdrawn By Applicant | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $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 State Bank & Trust Co.'s 2016 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 State Bank & Trust Co.'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 Iowa, 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