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Multifamily record
Central Bank, Storm Lake, IA: multifamily loans made
Central Bank, Storm Lake, IA, a bank based in Storm Lake, IA, made 36 multifamily loans in 2024 and 2025, $65.9M in all, in 2 states. The typical loan was about $380K, and the largest about $19M. Most were in Polk County, IA.
- Evidence
- Multifamily loans made in 2024 and 2025, HMDA
- Data as of
- HMDA 2025
- Page last changed
- November 11, 2026
- Multifamily loans
- 36
- HMDA,
- 2024 and 2025. Manufactured-home parks excluded
- Dollars
- $65.9M
- HMDA,
- Rounded amounts
- Typical loan
- $380K
- HMDA,
- Largest loan
- $19M
- HMDA,
- Rounded to 2 significant figures
- States
- 2
- HMDA,
Cite this
Source: The Lender Report, Central Bank, Storm Lake, IA: multifamily loans made, https://lender.report/lender/central-bank-ia/multifamily/, data as of December 31, 2025.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| 2025 | Polk County, IA | Purchase, 100 to 149 units | $19M | 7.5% | 7 yr | 91% | HMDA 2025 |
| 2025 | Iowa | Purchase, 100 to 149 units | $15M | 7.5% | 4.9 yr | 66% | HMDA 2025 |
| 2025 | Lincoln County, SD | Refinance, 5 to 24 units | $8M | 7% | 1 yr | HMDA 2025 | |
| 2025 | Polk County, IA | Purchase, 100 to 149 units | $3.1M | 7.11% | 5 yr | 91% | HMDA 2025 |
| 2025 | Story County, IA | Purchase, 5 to 24 units | $3.1M | 7% | 6 yr | 64% | HMDA 2025 |
| 2025 | Polk County, IA | Purchase, 5 to 24 units | $2.5M | 7% | 4.9 yr | 61% | HMDA 2025 |
| 2025 | Polk County, IA | Purchase, 5 to 24 units | $2.5M | 7% | 4.9 yr | 61% | HMDA 2025 |
| 2025 | Polk County, IA | Purchase, 100 to 149 units | $900K | 7.5% | 2 yr | 91% | HMDA 2025 |
| 2025 | Plymouth County, IA | Purchase, 5 to 24 units | $480K | 7% | 5 yr | 98% | HMDA 2025 |
| 2025 | Polk County, IA | Purchase, 5 to 24 units | $400K | 7.25% | 1 yr | 42% | HMDA 2025 |
| 2025 | Minnehaha County, SD | Purchase, 5 to 24 units | $280K | 7.5% | 5 yr | 77% | HMDA 2025 |
| 2025 | Minnehaha County, SD | Purchase, 5 to 24 units | $280K | 7.5% | 5 yr | 80% | HMDA 2025 |
| 2025 | Polk County, IA | Refinance, 5 to 24 units | $200K | 7.25% | 1 yr | 31% | HMDA 2025 |
| 2025 | Union County, SD | Refinance, 5 to 24 units | $200K | 7.15% | 3 yr | 21% | HMDA 2025 |
| 2025 | Des Moines-West Des Moines, IA | Refinance, 5 to 24 units | $180K | 7% | 5 yr | 69% | HMDA 2025 |
| 2025 | Buena Vista County, IA | Purchase, 5 to 24 units | $160K | 7.5% | 5 yr | 80% | HMDA 2025 |
| 2025 | Des Moines-West Des Moines, IA | Refinance, 5 to 24 units | $160K | 8% | 1 yr | 69% | HMDA 2025 |
| 2025 | Cherokee County, IA | Refinance, 5 to 24 units | $75K | 6.5% | 0.9 yr | 34% | HMDA 2025 |
| 2025 | Cherokee County, IA | Refinance, 5 to 24 units | $65K | 6.5% | 5 yr | 15% | HMDA 2025 |
| 2025 | Cherokee County, IA | Refinance, 5 to 24 units | $55K | 6.5% | 0.9 yr | 34% | HMDA 2025 |
| 2024 | Polk County, IA | Purchase, 5 to 24 units | $2M | 7.5% | 5 yr | 65% | HMDA 2024 |
| 2024 | Polk County, IA | Refinance, 25 to 49 units | $1.3M | 7% | 1.9 yr | 67% | HMDA 2024 |
| 2024 | Polk County, IA | Purchase, 5 to 24 units | $1.3M | 8.5% | 1.9 yr | 94% | HMDA 2024 |
| 2024 | Brookings County, SD | Purchase, 5 to 24 units | $1.1M | 8.5% | 7 yr | 75% | HMDA 2024 |
| 2024 | Polk County, IA | Purchase, 5 to 24 units | $1.1M | 7.5% | 5 yr | 74% | HMDA 2024 |
| 36 multifamily loans made in 2024 and 2025 | $65.9M | HMDA 2024 and 2025 | |||||
A blank means the source did not report it.
| Place | As named | Loans | Dollars |
|---|---|---|---|
| Polk County, IA | County | 12 | $34.5M |
| Buena Vista County, IA | County | 5 | $1.25M |
| Cherokee County, IA | County | 5 | $325K |
| Des Moines-West Des Moines, IA | Metro area | 3 | $720K |
| Minnehaha County, SD | County | 2 | $560K |
| Woodbury County, IA | County | 2 | $520K |
| Brookings County, SD | County | 1 | $1.10M |
| Iowa | State | 1 | $15.0M |
| Lincoln County, SD | County | 1 | $8.00M |
| Madison County, IA | County | 1 | $160K |
| Plymouth County, IA | County | 1 | $480K |
| Story County, IA | County | 1 | $3.10M |
A county is named only where the public file holds 5 or more multifamily loans there in the year; otherwise the metro area or the state is.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $1M | 24 | $5.91M |
| $1M to $2.5M | 5 | $6.80M |
| $2.5M to $5M | 4 | $11.2M |
| $5M to $10M | 1 | $8.00M |
| $10M or more | 2 | $34.0M |
| Year | Loans | Dollars | Typical loan |
|---|---|---|---|
| 2024 | 16 | $9.28M | $380K |
| 2025 | 20 | $56.6M | $400K |
| Purpose | Loans |
|---|---|
| Purchase | 21 |
| Refinance | 15 |
| Units | Loans |
|---|---|
| 5 to 24 units | 31 |
| 25 to 49 units | 1 |
| 100 to 149 units | 4 |
- Central Bank, Storm Lake, IA made 36 multifamily loans totaling $65.9M in 2024 and 2025, in 13 named places across 2 states. HMDA,
- It made 20 of them in 2025 and 16 in 2024. HMDA,
- The typical loan was about $380K, with the middle half between $160K and $1.3M. HMDA,
- The largest was about $19M. Every amount is rounded to 2 significant figures. HMDA,
- 24 loans were under $1M, and 3 were $5M or more. HMDA,
- It reported a median rate of 7.50% on 36 loans, with the middle half between 7.00% and 8.00%. HMDA,
- The median term was 4.9 years. HMDA,
- The median loan to value was 66%. HMDA,
- 42% of the loans were refinancings and 58% were purchases. HMDA,
- The most common property size was 5 to 24 units, with 31 loans. HMDA,
- Its loans were most often in Polk County, IA (12), Buena Vista County, IA (5) and Cherokee County, IA (5). HMDA,
What we don't know
- Whether Central Bank, Storm Lake, IA is taking new multifamily loans today.
- Its minimum or maximum loan, its fees and its other terms. HMDA reports the rate, term and loan to value, and this page shows what it reports.
- Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.
Place is a county only where the public file holds 5 or more multifamily loans of that year there, otherwise the metro area or the state. Amounts are rounded to 2 significant figures and HMDA has a year, never a date.
HMDA covers dwelling-secured loans. Manufactured-home parks are left out of every count.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.