Applications / Mortgage Analytics / Lenders / Wisconsin / Ixonia Bank
Ixonia, WI · State non-member bank · FDIC · $951 million assets · 8,425 loans in 2025
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8,425
loans originated, 2025
11,998
applications, 2025
49
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Ixonia Bank, a Wisconsin bank lending in 49 states, is a home-purchase lender with more government-backed loans than any similar lender, and it grew 18% in 2025.
Purchase loans were 86.6% of its 8,425 originations, spread over 892 counties. Growth of 18% in 2025 was higher than about four in five similar lenders (state non-member banks making between half and twice as many loans), whose typical growth was 2%.
FHA loans (insured by the Federal Housing Administration) were 27.1% against 5.9% for peers, and RHS loans (guaranteed by the Department of Agriculture's Rural Housing Service) 2.5%, both the highest in its peer group. This mix may explain why higher-priced loans (a rate well above the average for similar loans) were 6.7% against 2.2%, though that share fell from 10.0%.
Loans in LMI (low- and moderate-income) areas were 21.0%, the highest among similar lenders, and loans to LMI borrowers 33.7%, higher than nearly nine in ten. Both are up from five years ago. It turned down 4.0% of home-purchase applications against 7.0% for similar lenders, lower than about three in four, and 5.9% of refinance applications, the lowest in its peer group; that could reflect how applications reach it, or buyers screened before they apply.
In Milwaukee-Waukesha its share rose 1.2 points to 2.2%, ranking 11 of 510. In Youngstown-Warren, where it ranks 2 of 278, its share fell 1.2 points to 8.4%, which could reflect stronger competition or a shift toward other markets.
Questions the data can answer next
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Ixonia Bank took 11,998 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 86.6% · Refinance 11.9% · Other 1.3% · Home improvement 0.2%
Conventional 63.5% · FHA 27.1% · VA 6.9% · USDA (RHS or FSA) 2.5% · of 8,425 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Wisconsin | 1,245 | 14.8% |
| Pennsylvania | 1,110 | 13.2% |
| Ohio | 1,044 | 12.4% |
| North Carolina | 765 | 9.1% |
| Florida | 693 | 8.2% |
| Illinois | 563 | 6.7% |
| Indiana | 394 | 4.7% |
| Tennessee | 333 | 4.0% |
| Virginia | 290 | 3.4% |
| Texas | 224 | 2.7% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Youngstown-Warren | 689 |
| Milwaukee-Waukesha | 665 |
| Charlotte-Concord-Gastonia | 497 |
| Chicago-Naperville-Schaumburg | 395 |
| Scranton--Wilkes-Barre | 285 |
| Nashville-Davidson--Murfreesboro--Franklin | 250 |
| Lake County-Porter County-Jasper County | 221 |
| Orlando-Kissimmee-Sanford | 173 |
| Allentown-Bethlehem-Easton | 169 |
| Cleveland | 139 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300T9P3WXNMXX0I34 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 529341 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 312514 | 1995–2017 |
Established 1 January 1918. Reported under HMDA 1995-2025.
Mergers, name changes, data editions and corrections: Ixonia Bank's data.
Ixonia Bank's data
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Ixonia Bank and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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