Applications / Mortgage Analytics / Lenders / Illinois / State Bank
Waterloo, IL · State non-member bank · FDIC · $304 million assets · 73 loans in 2025
State Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
73
loans originated, 2025
100
applications, 2025
3
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
State Bank, of Waterloo, Illinois, lends mainly to home buyers in the St. Louis market, where it has filed since at least 1990.
Purchases made up 74.0% of its loans in 2025 and refinances 19.2%. All were conventional. Its typical loan rose to $215,000 from $135,000, larger than about two-thirds of similar lenders (state non-member banks making between half and twice as many loans).
It made 73 loans, up 20%, faster than about two-thirds of similar lenders, whose typical growth was 9%. That is far below its peak of 344 loans in 2020; since 2023 it has made between 60 and 73 a year.
Only 4.1% of its loans went to low- and moderate-income (LMI) neighborhoods, against 18.5% at similar lenders, among the lowest tenth. Yet 31.0% went to LMI borrowers, a little above the middle. So the gap is about where it lends, not whom; its loans sit in only 12 counties, which may hold few such neighborhoods.
It holds 0.1% of the St. Louis market, unchanged, ranking 166 of 637. Guild Mortgage Company leads. In 2025 it also lent for the first time in Tampa-St. Petersburg-Clearwater and Columbia. It dropped Waterloo from its name in 2020.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. State Bank took 100 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 74.0% · Refinance 19.2% · Other 4.1% · Home improvement 2.7%
Conventional 100.0% · of 73 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 |
|---|---|---|
| Illinois | 60 | 82.2% |
| Missouri | 12 | 16.4% |
| Florida | 1 | 1.4% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| St. Louis | 63 |
| Columbia | 1 |
| Tampa | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 254900CHU7PX7ZS6RI74 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 266244 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 312706 | 1990–2017 |
Established 4 January 1894. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: State Bank's data.
State Bank's data
$215
State 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 State 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]