Lenders › Shelby County State Bank › Iowa
Shelby County State Bank in Iowa
HMDA record for properties in Iowa, calendar year 2024. National record · Iowa 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 Iowa, Shelby County State Bank reported 187 applications and 170 originations for 2024, $18m in all.
Its denial rate in the state was 3.4%, below the Iowa rate of 15.9% across all lenders and compared with the lender's national rate of 3.3%.
Applications in the state were up 19% on 2023.
Compared with the state and the lender's national record
| Measure | In Iowa | Iowa, all lenders | Shelby County State Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 3.4% | 15.9% | 3.3% | 24.3% |
| Median rate spread, pp | — | 0.2 | — | 0.3 |
| Originations with spread of 1.5 pp or more | — | 15.6% | — | 15.6% |
| Average originated loan | $107k | $187k | $108k | $329k |
| Home purchase share | 32.9% | 57.7% | 33.1% | 57.0% |
| FHA-insured share | 0.0% | 8.2% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 5.2% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateIowa, all lenders
Loan purpose and loan type in Iowa
By purpose
Home purchase 33% (56)Home improvement 19% (32)Refinancing 34% (57)Other purpose 15% (25)
By type
Conventional 100% (170)
Denial reasons as coded
Withheld: fewer than 25 denials in the state.
Counties in Iowa
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Shelby County | 80 | 73 | $5.8m | 2.6% |
| Ida County | 33 | 29 | $3.3m | 6.5% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Shelby County State Bank originate in Iowa in 2024?
170 loans totalling $18m, from 187 applications reported for properties in Iowa.
What is Shelby County State Bank's denial rate in Iowa?
3.4% of decided applications in Iowa were denied, against 15.9% for all lenders in the state and 3.3% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Iowa counties does Shelby County State Bank lend in most?
By originations: Shelby County (73), Ida County (29).
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 Iowa. Built 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.