PlainLender

PINNACLE BANK

LINCOLN, NE

PINNACLE BANK processed 3,058 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 2,573 loans with a 5.0% denial rate. Home Purchase was the primary loan purpose. Based in LINCOLN, NE. The approval rate of 84.1% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. PINNACLE BANK processed 3,058 HMDA-reported mortgage applications in 2024, originating 2,573 loans and denying 154 for a denial rate of 5.0% (applicants themselves withdrew 300 files before a decision). The average loan amount was $266,033 at a 7.256% average note rate, and applicants self-reported an average income of $34,000. The lender reports under LEI 549300PZ44DNQDPOV865 from LINCOLN, NE.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. PINNACLE BANK's 84.1% origination rate tells you how often an application turned into funded money; the 5.0% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (2,839 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

3,058
Applications
2,573
Originated
5.0%
Denial Rate
$266,033
Avg Loan Amount
Avg Interest Rate: 7.256% Avg Applicant Income: $34,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 2,839 2,392 146 $266,617
FHA 136 112 3 $237,500
VA 57 50 2 $358,860
USDA 26 19 3 $148,077

Top loan types — PINNACLE BANK

Top loan types — PINNACLE BANK Horizontal bar chart of the top 4 items by value (applications). Top loan types — PINNACLE BANK Top 4 1. Conventional 2,839 2. FHA 136 3. VA 57 4. USDA 26 Top 5 loan types by application volume at PINNACLE BANK (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for PINNACLE BANK (LEI: 549300PZ44DNQDPOV865) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Credit history
95
Debt-to-income ratio
84
Collateral
26
Employment history
15
Other
6
Insufficient cash
5
Unverifiable information
4
Credit application incomplete
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 1,806 1,550 $361,811
Refinancing 538 471 $191,413
Home Improvement 407 327 $76,327
Other 277 205 $72,040
Cash-out Refinancing 30 20 $203,333

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 2,491 82.9% 5.5%
Joint 39 79.5% 2.6%
Asian 23 73.9% 17.4%
Black or African American 14 78.6% 7.1%
American Indian or Alaska Native 4 50.0% 0.0%
Native Hawaiian or Other Pacific Islander 2 100.0% 0.0%
2 or more minority races 1 0.0% 0.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 2,251 82.7% 5.4%
Hispanic or Latino 217 80.7% 9.2%
Joint 64 82.8% 3.1%

Nearby Lenders in NE

Other HMDA-reporting lenders in NE with similar activity. Compare any two side-by-side.

FIRST NATIONAL BANK OF OMAHA

OMAHA, NE

7,537 apps 4,818 originated 17.0% denied

West Gate Bank

Lincoln, NE

3,589 apps 2,003 originated 3.0% denied

Charter West Bank

West Point, NE

2,250 apps 1,580 originated 7.3% denied

Centris Federal Credit Union

Omaha, NE

2,107 apps 1,318 originated 19.9% denied

Union Bank and Trust Company

Lincoln, NE

1,796 apps 1,299 originated 13.5% denied
Compare PINNACLE BANK vs FIRST NATIONAL BANK OF OMAHA →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

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Frequently Asked Questions

How many mortgage applications did PINNACLE BANK process?
PINNACLE BANK processed 3,058 mortgage applications in the 2023 HMDA reporting year. Of these, 2,573 were originated (approved and funded), 300 were withdrawn by the applicant, and 154 were denied.
What is PINNACLE BANK's mortgage approval rate?
PINNACLE BANK has an approval (origination) rate of 84.1%, meaning 84.1% of all applications resulted in a funded mortgage. The denial rate is 5.0%.
What is the average loan amount at PINNACLE BANK?
The average mortgage loan amount at PINNACLE BANK is $266,033. The average interest rate is 7.256%. The average applicant income is $34,000.
What are the most common reasons for mortgage denial at PINNACLE BANK?
The most common reasons for mortgage denial at PINNACLE BANK are: Credit history, Debt-to-income ratio, Collateral. In total, 154 applications were denied out of 3,058 total applications.
What types of mortgage loans does PINNACLE BANK offer?
PINNACLE BANK processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 2,839 applications and an average loan amount of $266,617.
What loan purposes does PINNACLE BANK serve?
PINNACLE BANK serves the following loan purposes: Home Purchase (1,806 applications), Refinancing (538 applications), Home Improvement (407 applications), Other (277 applications), Cash-out Refinancing (30 applications). Home Purchase is the most common purpose.
Where is PINNACLE BANK located?
PINNACLE BANK is headquartered in LINCOLN, NE. The lender is identified by LEI 549300PZ44DNQDPOV865 in HMDA data.
How does PINNACLE BANK compare in lending across racial demographics?
PINNACLE BANK reports demographic lending data under HMDA requirements. White applicants have an approval rate of 82.9% and denial rate of 5.5%; Joint applicants have an approval rate of 79.5% and denial rate of 2.6%; Asian applicants have an approval rate of 73.9% and denial rate of 17.4%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology — how this data is sourced, computed, and verified.