Applications / Mortgage Analytics / Lenders / Iowa / American State Bank
Osceola, IA · State member bank · FRS · $348 million assets · 94 loans in 2025
American State Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
94
loans originated, 2025
102
applications, 2025
2
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
American State Bank, a small Iowa bank, makes some of the smallest loans of any bank its size, and lends more to borrowers of modest means than nine in ten of them.
Its typical loan was $85,000, against $175,000 at similar lenders, state member banks making between half and twice as many loans. That is smaller than at almost all of them. Its mix may explain much of the gap. Home improvement made up 19.1% of its loans and other purposes 9.6%, and manufactured homes took 10.6%, against 2.0% at peers.
Borrowers of low or moderate income (LMI) took 44.6% of its loans, against 27.1% at peers, up from 38.2% five years before. Poorer neighborhoods (LMI tracts) took 20.2%, against 16.8%.
None of its loans went to majority-minority areas, against 5.6% at peers. A possible reason is where it lends: 13 counties in two states, most of them in rural Iowa.
Its loans rose 4%, from 90 to 94, against 8% at peers and 10% for the whole market. It made 124 in 2022. In non-metro Iowa, its largest market, it ranked 95 of 465 lenders. GreenState Credit Union led there.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted.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 State Bank took 102 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 42.6% · Refinance 28.7% · Home improvement 19.1% · Other 9.6%
Conventional 100.0% · of 94 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 |
|---|---|---|
| Iowa | 92 | 97.9% |
| Missouri | 2 | 2.1% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Des Moines-West Des Moines | 38 |
| Ames | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 254900A1GT4B0CJ1GH46 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 276645 | 2012–2023 |
| Respondent ID (the HMDA filer code before 2018) | 2276645 | 2012–2017 |
Established 23 April 1987. Reported under HMDA 2012-2025.
Mergers, name changes, data editions and corrections: American State Bank's data.
American State Bank's data
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