Lender in South Dakota · HMDA 2025
First Premier Bank mortgages in South Dakota
First Premier Bank's 2025 home-purchase and refinance lending in South Dakota, compared with all lenders in the state.
First Premier Bank originated 479 owner-occupied single-family loans in South Dakota from 585 completed applications, making it the state's #5 lender by volume.
Its median conventional purchase loan costs were $3,910 versus $4,750 for all South Dakota lenders, at a median 30-year fixed rate of 6.375% (South Dakota: 6.49%).
Loans in SD
479
of 585 applications
Denial rate
13.7%
Purchase · SD 6.9%
Rate spread
−0.08 pts
Conv. · SD +0.03 pts
Loan amount
$285,000
Purchase · SD $285,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 460 | 396 | 13.7% | 6.375% | −0.08 pts | $3,910 | $285,000 |
| Refinance | 64 | 46 | 28.1% | 6.125% | −0.12 pts | $5,000 | $305,000 |
| Cash-out refinance | 61 | 37 | 37.7% | 6.490% | +0.08 pts | $4,500 | $225,000 |
*Conventional loans only; medians with at least 20 loans.
South Dakota counties where First Premier Bank ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Lake County | 1 | 25 | 16.8% |
| Minnehaha County | 2 | 247 | 8.1% |
| Moody County | 2 | 8 | 13.8% |
| Lincoln County | 3 | 99 | 7.4% |
| Codington County | 4 | 33 | 9.6% |
| Hamlin County | 4 | 11 | 13.3% |
| Deuel County | 4 | 3 | 7.3% |
| Beadle County | 5 | 4 | 2.8% |
| Turner County | 6 | 6 | 5.2% |
| Sanborn County | 6 | 1 | 9.1% |
| McCook County | 7 | 4 | 4.4% |
| Roberts County | 8 | 2 | 4.3% |
| Brookings County | 9 | 8 | 2.4% |
| Davison County | 10 | 5 | 2.3% |
| Union County | 12 | 6 | 2.5% |
| Miner County | 12 | 1 | 7.1% |
| Clay County | 13 | 3 | 2.2% |
| Clark County | 13 | 1 | 3.6% |
| Day County | 14 | 1 | 2.9% |
| Hanson County | 19 | 1 | 2.9% |
| Grant County | 25 | 1 | 1.3% |
| Kingsbury County | 25 | 1 | 1.7% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology