Bank of 1889 Mortgage Lending & HMDA Data, 2023
In 2023, Bank of 1889 of Berryville, AR reported 224 mortgage applications totaling $30.8 million, up 15% from 2022. The average application was for $137,633, and applicants reported an average income of $105,647. 95% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Fayetteville-Springdale-Rogers, AR-MO (16), Little Rock-North Little Rock-Conway, AR (15) and Jonesboro, AR (3) (applications in parentheses).
| Mortgage Company & Address | Bank of 1889 Po 367 Berryville, AR 72616 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 |
| Total Number of Mortgage Applications | 224 |
| Total Mortgage Loan Application Amount | $30,830,000 |
| Average Mortgage Loan Application Amount | $137,633 |
| Highest Mortgage Loan Application Amount | $1,205,000 |
| Average Applicant Income | $105,647 |
| Highest Applicant Income | $1,280,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Bank of 1889 filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Outside any metro area | 189 | $ 24,535,000 | $ 129,814 | $ 92,253 |
| Fayetteville-Springdale-Rogers, AR-MO | 16 | $ 2,940,000 | $ 183,750 | $ 232,000 |
| Little Rock-North Little Rock-Conway, AR | 15 | $ 2,925,000 | $ 195,000 | $ 131,000 |
| Jonesboro, AR | 3 | $ 255,000 | $ 85,000 | $ 0 |
| Springfield, MO | 1 | $ 175,000 | $ 175,000 | $ 45,000 |
Mortgage Loan Application Detail Totals for Bank of 1889 in 2023
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Home Purchase | 111 | $18,685,000 | $168,000 | $1,205,000 | $126,000 | $1,280,000 |
| Refinancing | 58 | $8,500,000 | $146,000 | $905,000 | $87,000 | $326,000 |
| Home Improvement | 31 | $2,015,000 | $65,000 | $205,000 | $79,000 | $276,000 |
| Other Purpose | 24 | $1,630,000 | $67,000 | $225,000 | $91,000 | $260,000 |
| Cash-out Refinancing | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 154 | $19,060,000 | $123,000 | $505,000 | $110,000 | $1,280,000 |
| Not applicable | 47 | $9,695,000 | $206,000 | $1,205,000 | $0 | $0 |
| Hispanic | 22 | $1,970,000 | $89,000 | $495,000 | $67,000 | $149,000 |
| American Indian or Alaskan Native | 1 | $105,000 | $105,000 | $105,000 | $100,000 | $100,000 |
| Asian | 0 | $0 | $0 | $0 | $0 | $0 |
| Black or African American | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Provided | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 224 | $30,830,000 | $137,000 | $1,205,000 | $105,000 | $1,280,000 |
| 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 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 213 | $29,485,000 | $138,000 | $1,205,000 | $106,000 | $1,280,000 |
| Application Approved But Not Accepted | 4 | $430,000 | $107,000 | $205,000 | $74,000 | $102,000 |
| Application Denied By Financial Institution | 4 | $600,000 | $150,000 | $265,000 | $53,000 | $66,000 |
| Application Withdrawn By Applicant | 3 | $315,000 | $105,000 | $175,000 | $160,000 | $301,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 224 | $30,830,000 | $137,000 | $1,205,000 | $105,000 | $1,280,000 |
| 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 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Bank of 1889's 2023 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Bank of 1889's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Arkansas, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About