Central Bank & Trust Co Mortgage Lending & HMDA Data, 2024
In 2024, Central Bank & Trust Co of Lexington, KY reported 1,241 mortgage applications totaling $275.5 million, down 5% from 2023. The average application was for $221,986, and applicants reported an average income of $193,716. 81% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Lexington-Fayette, KY (700), Louisville/Jefferson County, KY-IN (213) and Cincinnati, OH-KY-IN (114) (applications in parentheses).
| Mortgage Company & Address | Central Bank & Trust Co Po Box 1360 Lexington, KY 40588 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 1,241 |
| Total Mortgage Loan Application Amount | $275,485,000 |
| Average Mortgage Loan Application Amount | $221,986 |
| Highest Mortgage Loan Application Amount | $3,565,000 |
| Average Applicant Income | $193,716 |
| Highest Applicant Income | $5,000,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Central Bank & Trust Co filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Lexington-Fayette, KY | 700 | $ 170,990,000 | $ 244,271 | $ 207,000 |
| Louisville/Jefferson County, KY-IN | 213 | $ 35,325,000 | $ 165,845 | $ 188,629 |
| Outside any metro area | 192 | $ 34,850,000 | $ 181,510 | $ 128,744 |
| Cincinnati, OH-KY-IN | 114 | $ 24,100,000 | $ 211,403 | $ 193,535 |
| Elizabethtown-Fort Knox, KY | 3 | $ 375,000 | $ 125,000 | $ 78,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 3 | $ 745,000 | $ 248,333 | $ 395,000 |
| Grand Junction, CO | 2 | $ 1,010,000 | $ 505,000 | $ 159,000 |
| Orlando-Kissimmee-Sanford, FL | 2 | $ 2,300,000 | $ 1,150,000 | $ 1,020,000 |
| Atlanta-Sandy Springs-Roswell, GA | 1 | $ 865,000 | $ 865,000 | $ 1,120,000 |
| Charleston-North Charleston, SC | 1 | $ 825,000 | $ 825,000 | $ 191,000 |
| Columbus, OH | 1 | $ 355,000 | $ 355,000 | $ 0 |
| Crestview-Fort Walton Beach-Destin, FL | 1 | $ 425,000 | $ 425,000 | $ 507,000 |
| Daphne-Fairhope-Foley, AL | 1 | $ 455,000 | $ 455,000 | $ 363,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 1 | $ 255,000 | $ 255,000 | $ 450,000 |
| Durham-Chapel Hill, NC | 1 | $ 1,215,000 | $ 1,215,000 | $ 1,190,000 |
| Indianapolis-Carmel-Anderson, IN | 1 | $ 125,000 | $ 125,000 | $ 87,000 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 1 | $ 765,000 | $ 765,000 | $ 318,000 |
| Owensboro, KY | 1 | $ 195,000 | $ 195,000 | $ 55,000 |
| Paducah, KY-IL | 1 | $ 55,000 | $ 55,000 | $ 98,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 1 | $ 255,000 | $ 255,000 | $ 146,000 |
Mortgage Loan Application Detail Totals for Central Bank & Trust Co in 2024
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 | 508 | $176,910,000 | $348,000 | $3,565,000 | $230,000 | $5,000,000 |
| Refinancing | 256 | $42,620,000 | $166,000 | $1,045,000 | $196,000 | $1,199,000 |
| Home Improvement | 229 | $23,335,000 | $101,000 | $505,000 | $153,000 | $1,136,000 |
| Other Purpose | 227 | $28,145,000 | $123,000 | $2,005,000 | $162,000 | $1,437,000 |
| Cash-out Refinancing | 21 | $4,475,000 | $213,000 | $535,000 | $75,000 | $207,000 |
| 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 | 972 | $220,000,000 | $226,000 | $3,565,000 | $195,000 | $5,000,000 |
| Not Provided | 121 | $17,005,000 | $140,000 | $645,000 | $158,000 | $1,199,000 |
| Black or African American | 49 | $10,775,000 | $219,000 | $1,255,000 | $167,000 | $1,300,000 |
| Not applicable | 38 | $11,630,000 | $306,000 | $2,705,000 | $0 | $0 |
| Hispanic | 32 | $7,630,000 | $238,000 | $1,235,000 | $204,000 | $1,043,000 |
| Asian | 28 | $8,350,000 | $298,000 | $1,205,000 | $332,000 | $2,078,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $95,000 | $95,000 | $95,000 | $109,000 | $109,000 |
| American Indian or Alaskan Native | 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) | 1,203 | $267,115,000 | $222,000 | $3,565,000 | $197,000 | $5,000,000 |
| FHA-insured (Federal Housing Administration) | 31 | $6,725,000 | $216,000 | $425,000 | $86,000 | $286,000 |
| VA-guaranteed (Veterans Administration) | 6 | $1,480,000 | $246,000 | $345,000 | $97,000 | $155,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $165,000 | $165,000 | $165,000 | $56,000 | $56,000 |
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 | 1,005 | $231,265,000 | $230,000 | $3,565,000 | $210,000 | $5,000,000 |
| Application Denied By Financial Institution | 121 | $11,575,000 | $95,000 | $625,000 | $91,000 | $1,213,000 |
| Application Withdrawn By Applicant | 101 | $27,995,000 | $277,000 | $1,305,000 | $152,000 | $1,199,000 |
| Application Approved But Not Accepted | 13 | $4,365,000 | $335,000 | $1,585,000 | $231,000 | $928,000 |
| Loan Purchased By The Institution | 1 | $285,000 | $285,000 | $285,000 | $67,000 | $67,000 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 |
|---|---|---|---|---|---|---|
| Not applicable | 1,120 | $263,910,000 | $235,000 | $3,565,000 | $205,000 | $5,000,000 |
| Debt-To-Income Ratio | 55 | $4,935,000 | $89,000 | $535,000 | $57,000 | $169,000 |
| Credit History | 42 | $3,510,000 | $83,000 | $525,000 | $83,000 | $271,000 |
| Other | 6 | $920,000 | $153,000 | $505,000 | $143,000 | $243,000 |
| Unverifiable Information | 5 | $355,000 | $71,000 | $125,000 | $147,000 | $260,000 |
| Credit Application Incomplete | 5 | $1,365,000 | $273,000 | $625,000 | $422,000 | $1,213,000 |
| Collateral | 4 | $230,000 | $57,000 | $85,000 | $117,000 | $263,000 |
| Employment History | 3 | $135,000 | $45,000 | $65,000 | $38,000 | $54,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $125,000 | $125,000 | $125,000 | $87,000 | $87,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Central Bank & Trust Co's 2024 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 Central Bank & Trust Co'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 Kentucky, download the full spreadsheet
with aggregated HMDA statistics today.
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