Lenders › Gate City Bank › North Dakota
Gate City Bank in North Dakota
HMDA record for properties in North Dakota, calendar year 2024. National record · North Dakota 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 North Dakota, Gate City Bank reported 3,071 applications and 2,328 originations for 2024, $416m in all.
Its denial rate in the state was 13.3%, close to the North Dakota rate of 14.3% across all lenders and compared with the lender's national rate of 13.3%.
The median rate spread on its North Dakota originations was 0.3 percentage points (state median 0.2).
Applications in the state were up 8% on 2023.
Compared with the state and the lender's national record
| Measure | In North Dakota | North Dakota, all lenders | Gate City Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 13.3% | 14.3% | 13.3% | 24.3% |
| Median rate spread, pp | 0.3 | 0.2 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 11.9% | 13.2% | 12.0% | 15.6% |
| Average originated loan | $179k | $244k | $184k | $329k |
| Home purchase share | 44.6% | 63.4% | 46.2% | 57.0% |
| FHA-insured share | 6.7% | 13.0% | 5.7% | 13.4% |
| VA-guaranteed share | 2.5% | 9.5% | 2.3% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateNorth Dakota, all lenders
Loan purpose and loan type in North Dakota
By purpose
Home purchase 45% (1,039)Home improvement 24% (563)Refinancing 14% (324)Cash-out refinancing 1% (32)Other purpose 16% (370)
By type
Conventional 91% (2,111)FHA 7% (155)VA 2% (58)USDA 0% (4)
Denial reasons as coded
Share of 365 denials in North Dakota by first denial reason coded (outlined bar: all lenders in the state).
Counties in North Dakota
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Cass County | 982 | 787 | $146m | 9.7% |
| Burleigh County | 544 | 429 | $88m | 8.8% |
| Grand Forks County | 320 | 249 | $36m | 15.0% |
| Ward County | 299 | 212 | $35m | 16.9% |
| Williams County | 205 | 146 | $33m | 18.7% |
| Morton County | 182 | 144 | $24m | 13.9% |
| Stutsman County | 116 | 78 | $11m | 13.4% |
| Stark County | 97 | 69 | $13m | 16.3% |
| Richland County | 70 | 52 | $6.1m | 19.4% |
| Ramsey County | 48 | 35 | $4.6m | 21.7% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Gate City Bank originate in North Dakota in 2024?
2,328 loans totalling $416m, from 3,071 applications reported for properties in North Dakota.
What is Gate City Bank's denial rate in North Dakota?
13.3% of decided applications in North Dakota were denied, against 14.3% for all lenders in the state and 13.3% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which North Dakota counties does Gate City Bank lend in most?
By originations: Cass County (787), Burleigh County (429), Grand Forks County (249), Ward County (212), Williams County (146).
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 North Dakota. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.