Bank
New Market Bank
New Market Bank is a family-owned community bank serving the southern Minneapolis-St. Paul area in Minnesota, including localities like Lakeville, Elko New Market, and Prior Lake. Its primary product focus is on traditional banking services for individuals and local businesses, such as deposit accounts, personal and commercial loans, and residential mortgages, all backed by FDIC insurance to support community financial needs.
Key Statistics
As of June 2026, public records show New Market Bank has originated approximately $67.0M in loan volume over the past 12 months, with an average loan size of $307k.
Volume (12mo)
$67.0M
Avg Loan Size
$307k
Total Mortgages
2,366
Total Borrowers
152
Lending Entities
New Market Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.
2,366 mortgages recorded
+1 more entities not shown
Geography
New Market Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.
Mortgages (12mo): 160
Volume (12mo): $63.3M
Total Volume: $679.3M
Mortgages (12mo): 2
Volume (12mo): $712k
Total Volume: $11.3M
Mortgages (12mo): 2
Volume (12mo): $333k
Total Volume: $1.3M
Top Borrowers
The following individuals have the most recorded mortgage transactions with New Market Bank. Click on a borrower to view their full investor profile.
+149 more borrowers not shown
FAQ
What type of lender is New Market Bank?
New Market 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 New Market Bank fund loans under?
New Market Bank originates mortgages through 2 different lending entities. The most common include New Market Bank. These are the legal entity names that appear on recorded mortgage documents.
Where is New Market Bank most active?
Based on recorded mortgages, New Market Bank is most active in Minnesota, Florida, and Iowa.
How many loans has New Market Bank originated?
Public records show 2,366 mortgages recorded for New Market Bank, with $67.0M in volume over the past 12 months.
What is the average loan size for New Market Bank?
The average mortgage size for New Market Bank is $307k based on all recorded mortgages.
Does New Market Bank offer short-term loans?
New Market Bank primarily offers long-term financing, with only 6% 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.