Citizens & Merchants State Bk Mortgage Lending & HMDA Data, 2003
In 2003, Citizens & Merchants State Bk of Douglasville, GA reported 56 mortgage applications totaling $4.7 million. The average application was for $84,589, and applicants reported an average income of $97,464. 100% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Atlanta, GA (52), Panama City, FL (1) and Pensacola, FL (1) (applications in parentheses).
| Mortgage Company & Address | Citizens & Merchants State Bk Po Box 1585 Douglasville, GA 30133 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 56 |
| Total Mortgage Loan Application Amount | $4,737,000 |
| Average Mortgage Loan Application Amount | $84,589 |
| Highest Mortgage Loan Application Amount | $291,000 |
| Average Applicant Income | $97,464 |
| Highest Applicant Income | $3,264,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Citizens & Merchants State Bk filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Douglas, Georgia | 40 | $ 3,169,000 | $ 79,225 | $ 115,000 |
| Carroll, Georgia | 4 | $ 309,000 | $ 77,250 | $ 16,000 |
| Cobb, Georgia | 4 | $ 241,000 | $ 60,250 | $ 38,000 |
| Fulton, Georgia | 3 | $ 212,000 | $ 70,666 | $ 174,000 |
| Bay, Florida | 1 | $ 110,000 | $ 110,000 | $ 0 |
| Santa Rosa, Florida | 1 | $ 291,000 | $ 291,000 | $ 225,000 |
| Walton, Florida | 1 | $ 287,000 | $ 287,000 | $ 245,000 |
| Bartow, Georgia | 1 | $ 62,000 | $ 62,000 | $ 0 |
| Haralson, Georgia | 1 | $ 56,000 | $ 56,000 | $ 96,000 |
Mortgage Loan Application Detail Totals for Citizens & Merchants State Bk 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 |
|---|---|---|---|---|---|---|
| Home Purchase (one-to-four family) | 31 | $3,295,000 | $195,500 | $291,000 | $153,000 | $250,000 |
| Refinancing (home purchase or home improvement, one-to-four family) | 15 | $1,289,000 | $133,000 | $287,000 | $87,500 | $683,000 |
| Home Improvement (one-to-four family) | 10 | $153,000 | $15,000 | $82,000 | $187,000 | $3,264,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 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 | 42 | $3,561,000 | $151,000 | $291,000 | $158,500 | $3,264,000 |
| Not applicable | 11 | $1,148,000 | $104,000 | $233,000 | $2,000 | $12,000 |
| Black | 3 | $28,000 | $9,000 | $16,000 | $21,000 | $27,000 |
| Hispanic | 0 | $0 | $0 | $0 | $0 | $0 |
| Information not provided by applicant in mail or telephone application | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian or Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 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) | 56 | $4,737,000 | $152,500 | $291,000 | $124,000 | $3,264,000 |
| 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 | 56 | $4,737,000 | $152,500 | $291,000 | $124,000 | $3,264,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Denied By Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Withdrawn By Applicant | 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 |
|---|---|---|---|---|---|---|
| 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Citizens & Merchants State Bk'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 Citizens & Merchants State Bk'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 Georgia, 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