Applications / Mortgage Analytics / Lenders / North Dakota / Gate City Bank
Fargo, ND · Savings institution · OCC · $4.0 billion assets · 3,046 loans in 2025
Gate City Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
3,046
loans originated, 2025
4,001
applications, 2025
24
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Gate City Bank, a North Dakota savings bank, ranks first in Bismarck and second in Fargo and Grand Forks, but its loan count stayed flat in 2025 while similar lenders grew.
Originations were 3,046 against 3,056 a year earlier, while the typical similar lender (savings institutions making between half and twice as many loans) grew 16% and the whole market 10%; its growth was lower than about three in four of them. Its loan count is about half the 6,479 of 2020. Dollars lent rose, to $637.1 million from $562.3 million, so the flat count may reflect larger loans.
Its Fargo share fell to 10.6% from 13.4%, second to Bell Bank, and its Grand Forks share to 9.6% from 11.9%. In Bismarck it ranks 1 of 145, with 17.6%, up from 16.9%. The losses could reflect competitors growing faster there, even as its dollar volume rose.
Its typical loan was $140,000 against $215,000 at similar lenders, lower than about five in six of them, and jumbo loans (larger than the conforming limit) were 1.6% against 3.8%.
Low- and moderate-income (LMI) borrowers took 28.4% of its loans against 24.1%, higher than more than half of similar lenders. But 10.4% of loans were in LMI neighbourhoods against 15.2%, and 0.4% in majority-minority neighbourhoods against 13.1%, both the lowest among them. Both could reflect markets centred on North Dakota and Minnesota.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Gate City Bank took 4,001 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 44.3% · Home improvement 24.2% · Refinance 17.7% · Other 13.9%
Conventional 92.1% · FHA 5.4% · VA 2.4% · USDA (RHS or FSA) 0.1% · of 3,046 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 |
|---|---|---|
| North Dakota | 2,368 | 77.7% |
| Minnesota | 625 | 20.5% |
| Arizona | 11 | 0.4% |
| Montana | 6 | 0.2% |
| Colorado | 5 | 0.2% |
| South Dakota | 4 | 0.1% |
| Nebraska | 3 | 0.1% |
| Wisconsin | 3 | 0.1% |
| California | 2 | 0.1% |
| Florida | 2 | 0.1% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Fargo | 998 |
| Bismarck | 587 |
| Grand Forks | 302 |
| Minot | 207 |
| Minneapolis-St. Paul-Bloomington | 41 |
| St. Cloud | 19 |
| Phoenix-Mesa-Chandler | 9 |
| Billings | 3 |
| Denver-Aurora-Centennial | 3 |
| Duluth | 2 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300TQVOMKNKFOH392 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 657271 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 4257 | 1990–2010 |
| Respondent ID (the HMDA filer code before 2018) | 1700257 | 2011–2017 |
Established 1 January 1923. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: Gate City Bank's data.
Gate City Bank's data
$215
Gate City 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.
Buy Gate City Bank's data, $215Jenner Mortgage Analytics: all the data
$2,110
Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
Buy the data, $2,110Jenner, the SAS-compatible software
See prices
Jenner runs programs written in the SAS language. It drew every chart on these pages and fitted the fair-lending model, PROC GLIMMIX on 3.5 million applications. Run the programs that come with the data, or your own.
Get JennerQuestions, or the data and Jenner together: [email protected]