Lenders › First International Bank & Trust › Minnesota
First International Bank & Trust in Minnesota
HMDA record for properties in Minnesota, calendar year 2024. National record · Minnesota overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In Minnesota, First International Bank & Trust reported 204 applications and 174 originations for 2024, $50m in all.
Its denial rate in the state was 4.4%, below the Minnesota rate of 16.9% across all lenders and compared with the lender's national rate of 7.5%.
The median rate spread on its Minnesota originations was 0.4 percentage points (state median 0.4).
Applications in the state were about level with 2023.
Compared with the state and the lender's national record
| Measure | In Minnesota | Minnesota, all lenders | First International Bank & Trust, all states | United States |
|---|---|---|---|---|
| Denial rate | 4.4% | 16.9% | 7.5% | 24.3% |
| Median rate spread, pp | 0.4 | 0.4 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 6.8% | 13.2% | 7.3% | 15.6% |
| Average originated loan | $288k | $269k | $289k | $329k |
| Home purchase share | 66.7% | 60.9% | 69.5% | 57.0% |
| FHA-insured share | 6.9% | 7.9% | 11.1% | 13.4% |
| VA-guaranteed share | 3.4% | 4.6% | 4.6% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMinnesota, all lenders
Loan purpose and loan type in Minnesota
By purpose
Home purchase 67% (116)Home improvement 17% (29)Refinancing 4% (7)Cash-out refinancing 6% (10)Other purpose 7% (12)
By type
Conventional 89% (155)FHA 7% (12)VA 3% (6)USDA 1% (1)
Denial reasons as coded
Withheld: fewer than 25 denials in the state.
Counties in Minnesota
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Clay County | 45 | 38 | $7.8m | 2.6% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did First International Bank & Trust originate in Minnesota in 2024?
174 loans totalling $50m, from 204 applications reported for properties in Minnesota.
What is First International Bank & Trust's denial rate in Minnesota?
4.4% of decided applications in Minnesota were denied, against 16.9% for all lenders in the state and 7.5% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Minnesota counties does First International Bank & Trust lend in most?
By originations: Clay County (38).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Minnesota. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.