Bank
First Independent Bank
First Independent Bank is a community-focused bank primarily serving Minnesota, offering a full suite of FDIC-insured personal and business banking products and services.
Key Statistics
As of December 2025, public records show First Independent Bank has originated approximately $51.6M in loan volume over the past 12 months, with an average loan size of $198k.
Volume (12mo)
$51.6M
Avg Loan Size
$198k
Total Mortgages
4,674
Total Borrowers
276
Lending Entities
First Independent Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.
4,673 mortgages recorded
+2 more not shown
Geography
First Independent Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.
Mortgages (12mo): 132
Volume (12mo): $18.8M
Total Volume: $184.7M
Mortgages (12mo): 119
Volume (12mo): $30.1M
Total Volume: $346.9M
Mortgages (12mo): 3
Volume (12mo): $2.3M
Total Volume: $4.3M
Top Borrowers
The following individuals have the most recorded mortgage transactions with First Independent Bank. Click on a borrower to view their full investor profile.
+273 more not shown
FAQ
What type of lender is First Independent Bank?
First Independent Bank is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (13%) and personal loans in their portfolio.
What entities does First Independent Bank fund loans under?
First Independent Bank originates mortgages through 3 different lending entities. The most common include First Independent Bank. These are the legal entity names that appear on recorded mortgage documents.
Where is First Independent Bank most active?
Based on recorded mortgages, First Independent Bank is most active in Missouri, Minnesota, and Iowa.
How many loans has First Independent Bank originated?
Public records show 4,674 mortgages recorded for First Independent Bank, with $51.6M in volume over the past 12 months.
What is the average loan size for First Independent Bank?
The average mortgage size for First Independent Bank is $198k based on all recorded mortgages.
Does First Independent Bank offer short-term loans?
First Independent Bank primarily offers long-term financing, with only 10% of loans being short-term.
How is this data collected?
Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.