Stock Yards Bank & Trust Company Mortgage Lending & HMDA Data, 2023

In 2023, Stock Yards Bank & Trust Company of Louisville, KY reported 3,498 mortgage applications totaling $964.0 million, down 12% from 2022. The average application was for $275,577, and applicants reported an average income of $126,828. 65% of its applications resulted in an originated loan and 22% were denied. Its largest markets were Louisville/Jefferson County, KY-IN (1,991), Lexington-Fayette, KY (434) and Cincinnati, OH-KY-IN (221) (applications in parentheses).

Mortgage Company & Address Stock Yards Bank & Trust Company
1040 East Main Street
Louisville, KY 40223
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  2006  2005  2004  2003  
Total Number of Mortgage Applications 3,498
Total Mortgage Loan Application Amount $963,970,000
Average Mortgage Loan Application Amount $275,577
Highest Mortgage Loan Application Amount $50,005,000
Average Applicant Income $126,828
Highest Applicant Income $3,433,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Stock Yards Bank & Trust Company filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Stock Yards Bank & Trust Company by County in 2023

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Jefferson, Kentucky 1,276 $ 326,500,000 $ 255,877 $ 130,000
Bullitt, Kentucky 163 $ 22,385,000 $ 137,331 $ 78,000
Fayette, Kentucky 148 $ 50,750,000 $ 342,905 $ 179,000
Oldham, Kentucky 142 $ 28,930,000 $ 203,732 $ 153,000
Clark, Indiana 131 $ 19,115,000 $ 145,916 $ 72,000
Marion, Indiana 127 $ 82,655,000 $ 650,826 $ 116,000
Shelby, Kentucky 122 $ 25,190,000 $ 206,475 $ 130,000
Hamilton, Ohio 109 $ 68,925,000 $ 632,339 $ 160,000
Floyd, Indiana 95 $ 14,125,000 $ 148,684 $ 82,000
Madison, Kentucky 94 $ 22,230,000 $ 236,489 $ 100,000
Bourbon, Kentucky 93 $ 10,425,000 $ 112,096 $ 85,000
Clark, Kentucky 77 $ 9,105,000 $ 118,246 $ 82,000
Harrison, Kentucky 61 $ 4,975,000 $ 81,557 $ 71,000
Hardin, Kentucky 60 $ 14,260,000 $ 237,666 $ 73,000
Scott, Kentucky 58 $ 8,020,000 $ 138,275 $ 94,000
Rowan, Kentucky 56 $ 4,920,000 $ 87,857 $ 87,000
Nelson, Kentucky 49 $ 6,505,000 $ 132,755 $ 73,000
Kenton, Kentucky 37 $ 10,985,000 $ 296,891 $ 240,000
Hamilton, Indiana 35 $ 19,345,000 $ 552,714 $ 384,000
Jessamine, Kentucky 35 $ 7,045,000 $ 201,285 $ 175,000
Boone, Kentucky 28 $ 6,150,000 $ 219,642 $ 235,000
Henry, Kentucky 27 $ 3,775,000 $ 139,814 $ 68,000
Spencer, Kentucky 25 $ 4,445,000 $ 177,800 $ 101,000
Scott, Indiana 24 $ 2,360,000 $ 98,333 $ 63,000
Campbell, Kentucky 23 $ 7,535,000 $ 327,608 $ 202,000
Woodford, Kentucky 23 $ 2,665,000 $ 115,869 $ 94,000
Montgomery, Kentucky 19 $ 2,685,000 $ 141,315 $ 72,000
Franklin, Kentucky 15 $ 2,515,000 $ 167,666 $ 87,000
Grayson, Kentucky 13 $ 2,305,000 $ 177,307 $ 98,000
Hendricks, Indiana 12 $ 3,480,000 $ 290,000 $ 281,000
Johnson, Indiana 12 $ 4,980,000 $ 415,000 $ 201,000
Madison, Indiana 9 $ 1,455,000 $ 161,666 $ 81,000
Garrard, Kentucky 9 $ 1,325,000 $ 147,222 $ 61,000
Nicholas, Kentucky 9 $ 715,000 $ 79,444 $ 68,000
Bath, Kentucky 8 $ 820,000 $ 102,500 $ 49,000
Butler, Ohio 8 $ 3,480,000 $ 435,000 $ 148,000
Harrison, Indiana 7 $ 1,355,000 $ 193,571 $ 88,000
Meade, Kentucky 7 $ 1,025,000 $ 146,428 $ 73,000
Clermont, Ohio 7 $ 2,925,000 $ 417,857 $ 307,000
Howard, Indiana 6 $ 940,000 $ 156,666 $ 60,000
Carter, Kentucky 6 $ 610,000 $ 101,666 $ 105,000
Fleming, Kentucky 6 $ 830,000 $ 138,333 $ 87,000
Mercer, Kentucky 6 $ 760,000 $ 126,666 $ 119,000
Boone, Indiana 5 $ 2,405,000 $ 481,000 $ 403,000
Anderson, Kentucky 5 $ 1,085,000 $ 217,000 $ 115,000
Boyle, Kentucky 5 $ 2,625,000 $ 525,000 $ 47,000
Breckinridge, Kentucky 5 $ 395,000 $ 79,000 $ 51,000
Rockcastle, Kentucky 5 $ 345,000 $ 69,000 $ 57,000
LaGrange, Indiana 4 $ 1,980,000 $ 495,000 $ 0
Estill, Kentucky 4 $ 720,000 $ 180,000 $ 158,000
Larue, Kentucky 4 $ 970,000 $ 242,500 $ 65,000
Mason, Kentucky 4 $ 360,000 $ 90,000 $ 103,000
Morgan, Kentucky 4 $ 270,000 $ 67,500 $ 49,000
Trimble, Kentucky 4 $ 490,000 $ 122,500 $ 67,000
Washington, Kentucky 4 $ 440,000 $ 110,000 $ 70,000
Greene, Ohio 4 $ 1,130,000 $ 282,500 $ 157,000
Montgomery, Ohio 4 $ 22,840,000 $ 5,710,000 $ 145,000
Collier, Florida 3 $ 4,485,000 $ 1,495,000 $ 365,000
Palm Beach, Florida 3 $ 1,655,000 $ 551,666 $ 411,000
Delaware, Indiana 3 $ 395,000 $ 131,666 $ 168,000
Monroe, Indiana 3 $ 1,495,000 $ 498,333 $ 0
Washington, Indiana 3 $ 525,000 $ 175,000 $ 77,000
Elliott, Kentucky 3 $ 165,000 $ 55,000 $ 72,000
Hart, Kentucky 3 $ 575,000 $ 191,666 $ 238,000
Marion, Kentucky 3 $ 215,000 $ 71,666 $ 57,000
Menifee, Kentucky 3 $ 205,000 $ 68,333 $ 126,000
Powell, Kentucky 3 $ 105,000 $ 35,000 $ 67,000
Russell, Kentucky 3 $ 1,005,000 $ 335,000 $ 220,000
Summit, Ohio 3 $ 425,000 $ 141,666 $ 46,000
Charleston, South Carolina 3 $ 2,415,000 $ 805,000 $ 284,000
Lauderdale, Alabama 2 $ 3,280,000 $ 1,640,000 $ 0
Mobile, Alabama 2 $ 1,550,000 $ 775,000 $ 0
Bay, Florida 2 $ 380,000 $ 190,000 $ 127,000
Lee, Florida 2 $ 800,000 $ 400,000 $ 1,157,000
Sarasota, Florida 2 $ 620,000 $ 310,000 $ 197,000
Volusia, Florida 2 $ 600,000 $ 300,000 $ 228,000
Walton, Florida 2 $ 330,000 $ 165,000 $ 230,000
Cook, Illinois 2 $ 800,000 $ 400,000 $ 340,000
Bartholomew, Indiana 2 $ 340,000 $ 170,000 $ 107,000
Greene, Indiana 2 $ 390,000 $ 195,000 $ 53,000
Hancock, Indiana 2 $ 210,000 $ 105,000 $ 39,000
Henry, Indiana 2 $ 540,000 $ 270,000 $ 129,000
Lake, Indiana 2 $ 180,000 $ 90,000 $ 0
Orange, Indiana 2 $ 240,000 $ 120,000 $ 60,000
Tippecanoe, Indiana 2 $ 390,000 $ 195,000 $ 0
Boyd, Kentucky 2 $ 180,000 $ 90,000 $ 68,000
Grant, Kentucky 2 $ 600,000 $ 300,000 $ 266,000
Pendleton, Kentucky 2 $ 170,000 $ 85,000 $ 30,000
Taylor, Kentucky 2 $ 180,000 $ 90,000 $ 59,000
Franklin, Ohio 2 $ 1,670,000 $ 835,000 $ 651,000
Warren, Ohio 2 $ 980,000 $ 490,000 $ 157,000
Madison, Alabama 1 $ 30,005,000 $ 30,005,000 $ 0
Brevard, Florida 1 $ 375,000 $ 375,000 $ 27,000
Broward, Florida 1 $ 225,000 $ 225,000 $ 0
Charlotte, Florida 1 $ 285,000 $ 285,000 $ 94,000
Escambia, Florida 1 $ 155,000 $ 155,000 $ 18,000
Miami-Dade, Florida 1 $ 155,000 $ 155,000 $ 150,000
Okaloosa, Florida 1 $ 625,000 $ 625,000 $ 620,000
Orange, Florida 1 $ 335,000 $ 335,000 $ 0
Osceola, Florida 1 $ 305,000 $ 305,000 $ 0
Pinellas, Florida 1 $ 535,000 $ 535,000 $ 328,000
Sumter, Florida 1 $ 125,000 $ 125,000 $ 70,000
Clayton, Georgia 1 $ 225,000 $ 225,000 $ 149,000
DeKalb, Georgia 1 $ 105,000 $ 105,000 $ 59,000
Lowndes, Georgia 1 $ 195,000 $ 195,000 $ 46,000
Brown, Indiana 1 $ 365,000 $ 365,000 $ 194,000
Crawford, Indiana 1 $ 155,000 $ 155,000 $ 126,000
Dearborn, Indiana 1 $ 25,000 $ 25,000 $ 86,000
Decatur, Indiana 1 $ 4,805,000 $ 4,805,000 $ 0
Jasper, Indiana 1 $ 145,000 $ 145,000 $ 834,000
Kosciusko, Indiana 1 $ 235,000 $ 235,000 $ 0
Morgan, Indiana 1 $ 285,000 $ 285,000 $ 90,000
Posey, Indiana 1 $ 395,000 $ 395,000 $ 143,000
Putnam, Indiana 1 $ 205,000 $ 205,000 $ 151,000
Shelby, Indiana 1 $ 375,000 $ 375,000 $ 160,000
St. Joseph, Indiana 1 $ 195,000 $ 195,000 $ 110,000
Wayne, Indiana 1 $ 45,000 $ 45,000 $ 47,000
White, Indiana 1 $ 155,000 $ 155,000 $ 718,000
Adair, Kentucky 1 $ 295,000 $ 295,000 $ 722,000
Allen, Kentucky 1 $ 505,000 $ 505,000 $ 855,000
Barren, Kentucky 1 $ 495,000 $ 495,000 $ 752,000
Bracken, Kentucky 1 $ 15,000 $ 15,000 $ 31,000
Carroll, Kentucky 1 $ 185,000 $ 185,000 $ 121,000
Casey, Kentucky 1 $ 385,000 $ 385,000 $ 120,000
Daviess, Kentucky 1 $ 35,000 $ 35,000 $ 47,000
Edmonson, Kentucky 1 $ 365,000 $ 365,000 $ 0
Floyd, Kentucky 1 $ 15,000 $ 15,000 $ 67,000
Laurel, Kentucky 1 $ 295,000 $ 295,000 $ 192,000
Lewis, Kentucky 1 $ 45,000 $ 45,000 $ 75,000
Livingston, Kentucky 1 $ 95,000 $ 95,000 $ 46,000
McCracken, Kentucky 1 $ 95,000 $ 95,000 $ 42,000
Owen, Kentucky 1 $ 125,000 $ 125,000 $ 33,000
Robertson, Kentucky 1 $ 35,000 $ 35,000 $ 53,000
Union, Kentucky 1 $ 95,000 $ 95,000 $ 46,000
Warren, Kentucky 1 $ 205,000 $ 205,000 $ 998,000
Emmet, Michigan 1 $ 1,505,000 $ 1,505,000 $ 0
Hennepin, Minnesota 1 $ 495,000 $ 495,000 $ 415,000
St. Louis, Minnesota 1 $ 215,000 $ 215,000 $ 90,000
DeSoto, Mississippi 1 $ 635,000 $ 635,000 $ 356,000
Lafayette, Missouri 1 $ 275,000 $ 275,000 $ 31,000
St. Louis, Missouri 1 $ 65,000 $ 65,000 $ 70,000
Chowan, North Carolina 1 $ 605,000 $ 605,000 $ 469,000
Jackson, North Carolina 1 $ 1,855,000 $ 1,855,000 $ 0
Johnston, North Carolina 1 $ 105,000 $ 105,000 $ 94,000
Mecklenburg, North Carolina 1 $ 205,000 $ 205,000 $ 53,000
Brown, Ohio 1 $ 105,000 $ 105,000 $ 160,000
Clark, Ohio 1 $ 205,000 $ 205,000 $ 58,000
Hardin, Ohio 1 $ 155,000 $ 155,000 $ 0
Highland, Ohio 1 $ 525,000 $ 525,000 $ 0
Jefferson, Ohio 1 $ 135,000 $ 135,000 $ 61,000
Lorain, Ohio 1 $ 55,000 $ 55,000 $ 134,000
Montgomery, Pennsylvania 1 $ 325,000 $ 325,000 $ 221,000
Beaufort, South Carolina 1 $ 665,000 $ 665,000 $ 0
Berkeley, South Carolina 1 $ 245,000 $ 245,000 $ 0
Georgetown, South Carolina 1 $ 315,000 $ 315,000 $ 438,000
Pickens, South Carolina 1 $ 2,565,000 $ 2,565,000 $ 781,000
Campbell, Tennessee 1 $ 405,000 $ 405,000 $ 607,000
Grainger, Tennessee 1 $ 345,000 $ 345,000 $ 133,000
Sevier, Tennessee 1 $ 265,000 $ 265,000 $ 0
Shelby, Tennessee 1 $ 55,000 $ 55,000 $ 130,000
Warren, Tennessee 1 $ 165,000 $ 165,000 $ 112,000
Summit, Utah 1 $ 1,135,000 $ 1,135,000 $ 1,407,000
Greenbrier, West Virginia 1 $ 185,000 $ 185,000 $ 93,000
Dane, Wisconsin 1 $ 695,000 $ 695,000 $ 306,000

Mortgage Loan Application Detail Totals for Stock Yards Bank & Trust Company in 2023

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 1,611 $627,375,000 $389,000 $50,005,000 $116,000 $3,433,000
Home Improvement 710 $105,810,000 $149,000 $37,505,000 $113,000 $1,407,000
Other Purpose 582 $64,970,000 $111,000 $2,025,000 $137,000 $1,706,000
Refinancing 449 $142,105,000 $316,000 $22,005,000 $195,000 $2,692,000
Cash-out Refinancing 139 $22,925,000 $164,000 $605,000 $65,000 $348,000
Not Applicable 7 $785,000 $112,000 $225,000 $31,000 $31,000

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 2,283 $418,535,000 $183,000 $2,755,000 $128,000 $3,433,000
Not Provided 426 $61,950,000 $145,000 $1,365,000 $146,000 $1,706,000
Not applicable 338 $400,160,000 $1,183,000 $50,005,000 $0 $0
Black or African American 230 $32,700,000 $142,000 $1,625,000 $84,000 $1,449,000
Hispanic 149 $25,525,000 $171,000 $555,000 $64,000 $325,000
Asian 50 $18,010,000 $360,000 $2,145,000 $190,000 $1,407,000
American Indian or Alaskan Native 9 $1,895,000 $210,000 $385,000 $61,000 $154,000
Native Hawaiian or Other Pacific Islander 5 $505,000 $101,000 $185,000 $60,000 $162,000

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) 3,244 $910,440,000 $280,000 $50,005,000 $129,000 $3,433,000
FHA-insured (Federal Housing Administration) 196 $38,280,000 $195,000 $455,000 $79,000 $283,000
VA-guaranteed (Veterans Administration) 34 $10,670,000 $313,000 $1,625,000 $106,000 $481,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 24 $4,580,000 $190,000 $285,000 $68,000 $95,000

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 2,263 $716,325,000 $316,000 $50,005,000 $147,000 $3,433,000
Application Denied By Financial Institution 759 $108,405,000 $142,000 $23,005,000 $73,000 $1,706,000
Application Withdrawn By Applicant 396 $111,430,000 $281,000 $6,505,000 $116,000 $1,416,000
Application Approved But Not Accepted 30 $20,210,000 $673,000 $11,745,000 $118,000 $734,000
File Closed For Incompleteness 29 $4,195,000 $144,000 $355,000 $58,000 $207,000
Loan Purchased By The Institution 20 $3,090,000 $154,000 $445,000 $0 $0
Preapproval Denied by Financial Institution 1 $315,000 $315,000 $315,000 $56,000 $56,000
Preapproval Approved but not Accepted 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
Not applicable 2,738 $855,250,000 $312,000 $50,005,000 $142,000 $3,433,000
Debt-To-Income Ratio 284 $42,200,000 $148,000 $2,005,000 $61,000 $279,000
Credit History 282 $20,650,000 $73,000 $1,075,000 $80,000 $1,706,000
Collateral 81 $31,845,000 $393,000 $23,005,000 $84,000 $326,000
Credit Application Incomplete 46 $5,900,000 $128,000 $2,205,000 $81,000 $192,000
Other 37 $3,935,000 $106,000 $295,000 $77,000 $432,000
Employment History 14 $1,860,000 $132,000 $275,000 $64,000 $137,000
Insufficient Cash (Downpayment, Closing Cost) 9 $1,395,000 $155,000 $305,000 $58,000 $153,000
Unverifiable Information 7 $935,000 $133,000 $215,000 $70,000 $125,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Stock Yards Bank & Trust Company's 2023 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 Stock Yards Bank & Trust Company'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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