Tri-County Bank Mortgage Lending & HMDA Data, 2022
In 2022, Tri-County Bank of Brown City, MI reported 139 mortgage applications totaling $30.3 million, down 50% from 2021. The average application was for $217,805, and applicants reported an average income of $105,316. 89% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Warren-Troy-Farmington Hills, MI (79), Flint, MI (3) and Detroit-Dearborn-Livonia, MI (2) (applications in parentheses).
| Mortgage Company & Address | Tri-County Bank 4222 Main Street Brown City, MI 48416 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 | 139 |
| Total Mortgage Loan Application Amount | $30,275,000 |
| Average Mortgage Loan Application Amount | $217,805 |
| Highest Mortgage Loan Application Amount | $2,025,000 |
| Average Applicant Income | $105,316 |
| Highest Applicant Income | $622,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Tri-County Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Warren-Troy-Farmington Hills, MI | 79 | $ 17,875,000 | $ 226,265 | $ 106,000 |
| Outside any metro area | 52 | $ 6,680,000 | $ 128,461 | $ 100,000 |
| Flint, MI | 3 | $ 2,225,000 | $ 741,666 | $ 158,000 |
| Detroit-Dearborn-Livonia, MI | 2 | $ 1,750,000 | $ 875,000 | $ 156,000 |
| Lansing-East Lansing, MI | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Phoenix-Mesa-Scottsdale, AZ | 1 | $ 455,000 | $ 455,000 | $ 151,000 |
| Saginaw, MI | 1 | $ 1,095,000 | $ 1,095,000 | $ 0 |
Mortgage Loan Application Detail Totals for Tri-County Bank in 2022
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 | 70 | $15,380,000 | $219,000 | $1,265,000 | $114,000 | $622,000 |
| Refinancing | 42 | $11,060,000 | $263,000 | $2,025,000 | $106,000 | $305,000 |
| Cash-out Refinancing | 17 | $2,935,000 | $172,000 | $455,000 | $89,000 | $179,000 |
| Home Improvement | 6 | $260,000 | $43,000 | $55,000 | $59,000 | $130,000 |
| Other Purpose | 4 | $640,000 | $160,000 | $355,000 | $85,000 | $148,000 |
| 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 | 111 | $18,745,000 | $168,000 | $1,005,000 | $104,000 | $622,000 |
| Not applicable | 23 | $10,165,000 | $441,000 | $2,025,000 | $0 | $0 |
| Not Provided | 4 | $1,220,000 | $305,000 | $515,000 | $165,000 | $305,000 |
| Asian | 1 | $145,000 | $145,000 | $145,000 | $57,000 | $57,000 |
| Black or African American | 0 | $0 | $0 | $0 | $0 | $0 |
| Hispanic | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiian 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) | 139 | $30,275,000 | $217,000 | $2,025,000 | $105,000 | $622,000 |
| 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 | 124 | $27,950,000 | $225,000 | $2,025,000 | $110,000 | $622,000 |
| Application Denied By Financial Institution | 12 | $1,250,000 | $104,000 | $165,000 | $51,000 | $103,000 |
| Application Withdrawn By Applicant | 3 | $1,075,000 | $358,000 | $515,000 | $189,000 | $305,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Approved But Not Accepted | 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 139 | $30,275,000 | $217,000 | $2,025,000 | $105,000 | $622,000 |
| 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 Tri-County Bank's 2022 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 Tri-County 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 Michigan, 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