Applications / Mortgage Analytics / Lenders / Minnesota / American National Bank of Minnesota
Baxter, MN · National bank · OCC · $475 million assets · 114 loans in 2025
American National Bank of Minnesota's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
114
loans originated, 2025
123
applications, 2025
5
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
American National Bank of Minnesota lends more to poorer borrowers and poorer places than most banks of its size, though its loans have fallen for four years, to 114 in 2025.
Its loans fell 26% from 154, while similar lenders, national banks making between half and twice as many loans, grew 5% and the whole market 10%. Only about one in ten peers shrank faster. It made 347 loans in 2021. Its dollar volume still rose, to $40.0 million from $37.6 million, as its typical loan grew to $170,000.
Borrowers of low or moderate income (LMI) took 32.5% of its loans, against 23.9% at peers, more than at about three in four of them. Poorer neighborhoods (LMI tracts) took 28.9%, against 15.0%, more than at four in five peers and up from 13.4% five years before. Majority-minority areas took just 2.6%, against 7.2%. A possible reason is where it lends, mostly in rural Minnesota.
Manufactured homes made up 10.5% of its loans, against 1.6% at peers, more than at about four in five of them. Home purchases were 68.4% of its lending and refinances 25.4%. All of it was conventional.
Its largest market is non-metro Minnesota, where it has lent since 1997 and ranked 44 of 536. United Wholesale Mortgage led there. In St. Cloud its share slipped to 0.1%, a change a few loans can make and in line with its smaller count.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. American National Bank of Minnesota took 123 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 68.4% · Refinance 25.4% · Other 3.5% · Home improvement 2.6%
Conventional 100.0% · of 114 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 |
|---|---|---|
| Minnesota | 110 | 96.5% |
| California | 1 | 0.9% |
| Illinois | 1 | 0.9% |
| Michigan | 1 | 0.9% |
| North Dakota | 1 | 0.9% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Minneapolis-St. Paul-Bloomington | 7 |
| St. Cloud | 4 |
| Duluth | 1 |
| Grand Rapids-Wyoming-Kentwood | 1 |
| Los Angeles-Long Beach-Glendale | 1 |
| Peoria | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300IJ5M3CD2DPIX47 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 306159 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 326499 | 1990–2000 |
| Respondent ID (the HMDA filer code before 2018) | 124219 | 2002–2017 |
Established 1 May 1983. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: American National Bank of Minnesota's data.
American National Bank of Minnesota's data
$215
American National Bank of Minnesota 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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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.
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