Cb&S Bank Mortgage Lending & HMDA Data, 2003
In 2003, Cb&S Bank of Russellville, AL reported 530 mortgage applications totaling $32.4 million. The average application was for $61,084, and applicants reported an average income of $65,647. 75% of its applications resulted in an originated loan and 17% were denied. Its largest markets were Florence, AL (85), Decatur, AL (50) and Birmingham, AL (6) (applications in parentheses).
| Mortgage Company & Address | Cb&S Bank 200 Jackson Ave. S. Russellville, AL 35653 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 | 530 |
| Total Mortgage Loan Application Amount | $32,375,000 |
| Average Mortgage Loan Application Amount | $61,084 |
| Highest Mortgage Loan Application Amount | $2,100,000 |
| Average Applicant Income | $65,647 |
| Highest Applicant Income | $1,000,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Cb&S Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Florence, AL | 85 | $ 7,473,000 | $ 87,917 | $ 61,000 |
| Decatur, AL | 50 | $ 4,029,000 | $ 80,580 | $ 36,000 |
| Birmingham, AL | 6 | $ 779,000 | $ 129,833 | $ 346,000 |
Mortgage Loan Application Detail Totals for Cb&S Bank in 2003
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 |
|---|---|---|---|---|---|---|
| Refinancing (home purchase or home improvement, one-to-four family) | 262 | $15,675,000 | $49,000 | $1,000,000 | $90,500 | $1,000,000 |
| Home Purchase (one-to-four family) | 220 | $12,188,000 | $52,000 | $500,000 | $61,000 | $732,000 |
| Home Improvement (one-to-four family) | 43 | $1,038,000 | $20,000 | $181,000 | $31,500 | $100,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 5 | $3,474,000 | $694,000 | $2,100,000 | $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 | 431 | $23,756,000 | $47,000 | $275,000 | $44,500 | $732,000 |
| Hispanic | 69 | $2,532,000 | $26,000 | $90,000 | $41,000 | $121,000 |
| Not applicable | 14 | $4,255,000 | $176,500 | $2,100,000 | $639,500 | $1,000,000 |
| Black | 11 | $455,000 | $41,000 | $135,000 | $25,000 | $42,000 |
| American Indian or Alaskan Native | 3 | $142,000 | $47,000 | $70,000 | $53,000 | $100,000 |
| Information not provided by applicant in mail or telephone application | 1 | $85,000 | $85,000 | $85,000 | $24,000 | $24,000 |
| Other | 1 | $1,150,000 | $1,150,000 | $1,150,000 | $0 | $0 |
| Asian or Pacific Islander | 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) | 530 | $32,375,000 | $50,000 | $2,100,000 | $67,000 | $1,000,000 |
| 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 | 398 | $25,671,000 | $52,000 | $2,100,000 | $109,000 | $1,000,000 |
| Application Denied By Financial Institution | 92 | $4,390,000 | $42,500 | $275,000 | $30,000 | $192,000 |
| Application Withdrawn By Applicant | 39 | $2,224,000 | $57,500 | $151,000 | $79,500 | $165,000 |
| Application Approved But Not Accepted | 1 | $90,000 | $90,000 | $90,000 | $50,000 | $50,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The 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 |
|---|---|---|---|---|---|---|
| Credit History | 57 | $2,381,000 | $39,000 | $115,000 | $32,000 | $88,000 |
| Debt-To-Income Ratio | 10 | $653,000 | $54,500 | $275,000 | $27,000 | $55,000 |
| Collateral | 7 | $316,000 | $44,500 | $65,000 | $35,000 | $45,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $466,000 | $68,500 | $123,000 | $18,000 | $44,000 |
| Employment History | 2 | $45,000 | $22,000 | $42,000 | $26,000 | $30,000 |
| Credit Application Incomplete | 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Cb&S Bank's 2003 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 Cb&S Bank'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 Alabama, 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