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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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PEOPLES SOUTHERN BANK
Mortgage Loans and Application Details
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| Mortgage Company Name |
PEOPLES SOUTHERN BANK |
| Address | 620 2ND AVENUE NORTH, POST OFFICE BOX 26
CLANTON, AL 35046 |
| Agency | Federal Reserve System (FRS) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 211 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $8,622,000 |
| Average Mortgage Loan Amount Applied For | $31,600 |
| Highest Mortgage Loan Amount Applied For | $454,000 |
| Average Applicant Income | $53,600 |
| Highest Applicant Income | $250,000 |
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| Home Improvement |
89 | $1,235,000 |
$13,000 | $110,000 |
$47,000 | $171,000 |
| Home Purchase |
26 | $1,170,000 |
$45,000 | $145,000 |
$43,000 | $98,000 |
| Refinancing |
96 | $6,217,000 |
$64,000 | $454,000 |
$66,000 | $250,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
16 | $290,000 |
$18,000 | $83,000 |
$29,000 | $67,000 |
| Hispanic |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
195 | $8,332,000 |
$42,000 | $454,000 |
$57,000 | $250,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
211 | $8,622,000 |
$40,000 | $454,000 |
$55,000 | $250,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
22 | $851,000 |
$38,000 | $206,000 |
$40,000 | $189,000 |
| Application Withdrawn By Applicant |
1 | $20,000 |
$20,000 | $20,000 |
$20,000 | $20,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
188 | $7,751,000 |
$41,000 | $454,000 |
$57,000 | $250,000 |
| 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 PEOPLES SOUTHERN BANK by:
Metropolitan Area And
County
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