Applications / Mortgage Analytics / Lenders / Iowa / Bank (Wapello, Iowa)
Wapello, IA · State member bank · FRS · $209 million assets · 133 loans in 2025
Bank (Wapello, Iowa)'s data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
133
loans originated, 2025
218
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Bank (Wapello, Iowa) is a small home-purchase lender in the Des Moines area whose loans fell by 17% in 2025, a year in which similar lenders and the market both grew.
It made 133 loans, down from 160. Similar lenders (banks of the same type making between half and twice as many loans) grew by 8%, and the whole market by 10%, so its fall puts it among the lowest tenth of its peers. Home purchases are three-quarters of its lending, so its volume may depend more on local home sales than on refinancing. On a book this small, a handful of deals can move the count.
Some 55.4% of its loans went to low- and moderate-income (LMI) borrowers, against 27.2% at the typical peer, the highest share in its group. Its share in poorer neighborhoods, 21.4%, is also above its peers' 16.8%. Its typical loan, $185,000, is close to its peers' $175,000, so the borrower share does not come from unusually small loans.
Every loan was conventional: it made no loans backed by the federal government and none on manufactured homes. Its typical rate, 6.50%, was lower than at more than four in five similar lenders, whose typical rate was 6.75%.
It ranks 69 of 396 lenders in the Des Moines market, where GreenState Credit Union leads. Its share slipped from 0.3% to 0.2%, which may reflect its smaller volume in a growing market. Since its 2025 merger with First Trust and Savings Bank, that bank's filings count as its own in the market figures.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Bank (Wapello, Iowa) took 218 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 75.2% · Refinance 24.8%
Conventional 100.0% · of 133 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 | 56 | 42.1% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Des Moines-West Des Moines | 56 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 2549000C5KZ15Q2U9V68 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 952846 | 2016–2023 |
| Respondent ID (the HMDA filer code before 2018) | 2952846 | 2016–2017 |
Established 13 February 1931. Reported under HMDA 2016-2025.
Mergers, name changes, data editions and corrections: Bank (Wapello, Iowa)'s data.
Bank (Wapello, Iowa)'s data
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Bank (Wapello, Iowa) 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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