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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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LOGAN BANK & TRUST COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
LOGAN BANK & TRUST COMPANY |
| Address | 43 WASHINGTON AVENUE
LOGAN, WV 25601 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 334 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $19,044,000 |
| Average Mortgage Loan Amount Applied For | $86,250 |
| Highest Mortgage Loan Amount Applied For | $1,479,000 |
| Average Applicant Income | $163,250 |
| Highest Applicant Income | $950,000 |
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| Home Improvement |
68 | $2,776,000 |
$40,000 | $198,000 |
$56,000 | $155,000 |
| Home Purchase |
173 | $9,665,000 |
$55,000 | $420,000 |
$67,000 | $950,000 |
| Refinancing |
146 | $9,266,000 |
$63,000 | $1,479,000 |
$62,000 | $281,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $165,000 |
$82,000 | $117,000 |
$108,000 | $108,000 |
| Black or African American |
7 | $175,000 |
$25,000 | $45,000 |
$51,000 | $78,000 |
| Hispanic |
5 | $244,000 |
$48,000 | $69,000 |
$59,000 | $127,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
6 | $2,182,000 |
$363,000 | $1,479,000 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
367 | $18,941,000 |
$51,000 | $420,000 |
$64,000 | $950,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
387 | $21,707,000 |
$56,000 | $1,479,000 |
$63,000 | $950,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
10 | $378,000 |
$37,000 | $112,000 |
$69,000 | $246,000 |
| Application Denied By Financial Institution |
59 | $2,790,000 |
$47,000 | $132,000 |
$48,000 | $113,000 |
| Application Withdrawn By Applicant |
31 | $1,645,000 |
$53,000 | $194,000 |
$48,000 | $88,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
287 | $16,894,000 |
$58,000 | $1,479,000 |
$68,000 | $950,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for LOGAN BANK & TRUST COMPANY by:
Metropolitan Area And
County
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