The State Bank and Trust in Indiana vs the state
4.7%Denial rate-11.88 pts vs state
5.9%Decision denial rate-14.28 pts vs state
74.7%Origination rate+12.49 pts vs state
6.63%Median rate-0.13 pts vs state
0.00Rate spread (pts)-0.37 pts vs state
$133kMedian applicant income
287Loans originated
18Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 262 | 209 | 8.0% | 6.88% | #151 |
| 2024 | 349 | 274 | 3.7% | 6.63% | #134 |
| 2025 | 384 | 287 | 4.7% | 6.63% | #139 |
What The State Bank and Trust lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most The State Bank and Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hamilton County | 108 | 81 | 3 | 2.8% |
| Marion County | 84 | 57 | 5 | 6.0% |
| Allen County | 46 | 38 | 2 | 4.3% |
| Boone County | 23 | 21 | 1 | 4.3% |
| Steuben County | 23 | 16 | 1 | 4.3% |
| DeKalb County | 20 | 17 | 1 | 5.0% |
| Hancock County | 14 | 7 | 2 | 14.3% |
| Madison County | 10 | 6 | 0 | 0.0% |
| Henry County | 8 | 8 | 0 | 0.0% |
| Johnson County | 8 | 7 | 1 | 12.5% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 384 applications in 2025, of which 287 were originated and 18 denied.
4.7% of all applications, or 5.9% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans The State Bank and Trust originated in Indiana in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are The State Bank and Trust's own HMDA filing for properties located in Indiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology