Colonial Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2008
Colonial Bank 2008 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Colonial Bank P. O Box 1108 Montgomery, AL 36101 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2008 |
| Total Number of Mortgage Applications | 10,067 |
| Total Mortgage Loan Application Amount | $1,821,530,000 |
| Average Mortgage Loan Application Amount | $170,000 |
| Highest Mortgage Loan Application Amount | $6,600,000 |
| Average Applicant Income | $76,666 |
| Highest Applicant Income | $7,892,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2008 with Colonial Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Colonial Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2008 breaks down Colonial Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Colonial Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Colonial Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Colonial Bank's mortgage activity for 2008.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| ATLANTA-SANDY SPRINGS-MARIETTA, GA | 2,485 | $ 428,048,000 | $ 172,000 | $ 66,000 |
| ORLANDO-KISSIMMEE, FL | 462 | $ 89,540,000 | $ 193,000 | $ 97,000 |
| MONTGOMERY, AL | 424 | $ 56,437,000 | $ 133,000 | $ 63,000 |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL | 407 | $ 83,542,000 | $ 205,000 | $ 116,000 |
| BIRMINGHAM-HOOVER, AL | 382 | $ 37,336,000 | $ 97,000 | $ 66,000 |
| COLUMBUS, GA-AL | 375 | $ 48,267,000 | $ 134,000 | $ 69,000 |
| WARNER ROBINS, GA | 344 | $ 50,260,000 | $ 146,000 | $ 60,000 |
| AUSTIN-ROUND ROCK, TX | 343 | $ 72,627,000 | $ 211,000 | $ 114,000 |
| IDAHO FALLS, ID | 319 | $ 46,733,000 | $ 146,000 | $ 56,000 |
| MIAMI-MIAMI BEACH-KENDALL, FL | 286 | $ 107,202,000 | $ 374,000 | $ 206,000 |
| LAS VEGAS-PARADISE, NV | 236 | $ 115,649,000 | $ 490,000 | $ 313,000 |
| DALLAS-PLANO-IRVING, TX | 208 | $ 47,675,000 | $ 229,000 | $ 221,000 |
| MOBILE, AL | 198 | $ 23,505,000 | $ 118,000 | $ 72,000 |
| MACON, GA | 178 | $ 23,423,000 | $ 131,000 | $ 65,000 |
| FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL | 162 | $ 47,579,000 | $ 293,000 | $ 86,000 |
| AUBURN-OPELIKA, AL | 157 | $ 23,686,000 | $ 150,000 | $ 98,000 |
| LAKELAND-WINTER HAVEN, FL | 154 | $ 17,120,000 | $ 111,000 | $ 56,000 |
| HUNTSVILLE, AL | 145 | $ 22,436,000 | $ 154,000 | $ 79,000 |
| CAPE CORAL-FORT MYERS, FL | 127 | $ 21,126,000 | $ 166,000 | $ 75,000 |
| RENO-SPARKS, NV | 125 | $ 31,464,000 | $ 251,000 | $ 96,000 |
| VALDOSTA, GA | 115 | $ 17,795,000 | $ 154,000 | $ 62,000 |
| WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL | 104 | $ 42,217,000 | $ 405,000 | $ 172,000 |
| JACKSONVILLE, FL | 103 | $ 19,753,000 | $ 191,000 | $ 68,000 |
| DALTON, GA | 80 | $ 9,033,000 | $ 112,000 | $ 44,000 |
| SAN ANTONIO, TX | 80 | $ 20,584,000 | $ 257,000 | $ 136,000 |
| ANNISTON-OXFORD, AL | 79 | $ 4,910,000 | $ 62,000 | $ 43,000 |
| PALM BAY-MELBOURNE-TITUSVILLE, FL | 77 | $ 12,994,000 | $ 168,000 | $ 74,000 |
| PANAMA CITY-LYNN HAVEN, FL | 65 | $ 18,129,000 | $ 278,000 | $ 135,000 |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL | 62 | $ 12,191,000 | $ 196,000 | $ 99,000 |
| TUSCALOOSA, AL | 55 | $ 8,340,000 | $ 151,000 | $ 75,000 |
| BRADENTON-SARASOTA-VENICE, FL | 51 | $ 16,710,000 | $ 327,000 | $ 71,000 |
| DOTHAN, AL | 39 | $ 4,094,000 | $ 104,000 | $ 45,000 |
| PALM COAST, FL | 36 | $ 6,439,000 | $ 178,000 | $ 73,000 |
| PORT ST. LUCIE, FL | 33 | $ 9,136,000 | $ 276,000 | $ 83,000 |
| FORT WORTH-ARLINGTON, TX | 29 | $ 4,609,000 | $ 158,000 | $ 136,000 |
| GADSDEN, AL | 29 | $ 4,241,000 | $ 146,000 | $ 112,000 |
| NAPLES-MARCO ISLAND, FL | 27 | $ 5,822,000 | $ 215,000 | $ 73,000 |
| OCALA, FL | 25 | $ 2,742,000 | $ 109,000 | $ 51,000 |
| PUNTA GORDA, FL | 19 | $ 3,108,000 | $ 163,000 | $ 85,000 |
| GAINESVILLE, GA | 17 | $ 3,104,000 | $ 182,000 | $ 76,000 |
| TALLAHASSEE, FL | 17 | $ 3,723,000 | $ 219,000 | $ 213,000 |
| HOUSTON-SUGAR LAND-BAYTOWN, TX | 12 | $ 1,750,000 | $ 145,000 | $ 85,000 |
| ALBANY, GA | 11 | $ 1,280,000 | $ 116,000 | $ 66,000 |
| ROME, GA | 11 | $ 1,190,000 | $ 108,000 | $ 37,000 |
| CARSON CITY, NV | 9 | $ 2,499,000 | $ 277,000 | $ 200,000 |
| FORT WALTON BEACH-CRESTVIEW-DESTIN, FL | 8 | $ 7,406,000 | $ 925,000 | $ 857,000 |
| JACKSON, MS | 8 | $ 495,000 | $ 61,000 | $ 75,000 |
| PENSACOLA-FERRY PASS-BRENT, FL | 8 | $ 922,000 | $ 115,000 | $ 45,000 |
| SAVANNAH, GA | 8 | $ 2,640,000 | $ 330,000 | $ 90,000 |
| CHATTANOOGA, TN-GA | 7 | $ 941,000 | $ 165,500 | $ 74,000 |
| DECATUR, AL | 6 | $ 647,000 | $ 107,000 | $ 64,000 |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN | 6 | $ 726,000 | $ 121,000 | $ 49,000 |
| GAINESVILLE, FL | 5 | $ 1,128,000 | $ 225,000 | $ 249,000 |
| CHARLOTTE-GASTONIA-CONCORD, NC-SC | 4 | $ 652,000 | $ 158,000 | $ 49,500 |
| COLUMBIA, SC | 4 | $ 734,000 | $ 183,000 | $ 83,000 |
| FLORENCE-MUSCLE SHOALS, AL | 4 | $ 285,000 | $ 71,000 | $ 56,000 |
| OXNARD-THOUSAND OAKS-VENTURA, CA | 4 | $ 1,303,000 | $ 325,000 | $ 118,000 |
| ANDERSON, SC | 3 | $ 387,000 | $ 129,000 | $ 38,000 |
| COLUMBUS, OH | 3 | $ 640,000 | $ 213,000 | $ 85,000 |
| CORPUS CHRISTI, TX | 3 | $ 452,000 | $ 150,000 | $ 97,000 |
| SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA | 3 | $ 551,000 | $ 183,000 | $ 50,000 |
| ABILENE, TX | 2 | $ 286,000 | $ 143,000 | $ 65,000 |
| BATON ROUGE, LA | 2 | $ 492,000 | $ 246,000 | $ 73,000 |
| CLEVELAND, TN | 2 | $ 255,000 | $ 127,000 | $ 76,000 |
| COLLEGE STATION-BRYAN, TX | 2 | $ 165,000 | $ 82,000 | $ 71,000 |
| EL PASO, TX | 2 | $ 572,000 | $ 286,000 | $ 310,000 |
| MCALLEN-EDINBURG-MISSION, TX | 2 | $ 2,000,000 | $ 1,000,000 | $ 561,000 |
| POCATELLO, ID | 2 | $ 318,000 | $ 159,000 | $ 64,000 |
| RICHMOND, VA | 2 | $ 505,000 | $ 252,000 | $ 91,000 |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA | 2 | $ 576,000 | $ 288,000 | $ 54,000 |
| SAN DIEGO-CARLSBAD-SAN MARCOS, CA | 2 | $ 1,017,000 | $ 508,000 | $ 478,000 |
| AMARILLO, TX | 1 | $ 80,000 | $ 80,000 | $ 514,000 |
| ASHEVILLE, NC | 1 | $ 134,000 | $ 134,000 | $ 21,000 |
| ATHENS-CLARKE COUNTY, GA | 1 | $ 102,000 | $ 102,000 | $ 31,000 |
| AUGUSTA-RICHMOND COUNTY, GA-SC | 1 | $ 100,000 | $ 100,000 | $ 45,000 |
| BRUNSWICK, GA | 1 | $ 101,000 | $ 101,000 | $ 590,000 |
| CHARLOTTESVILLE, VA | 1 | $ 417,000 | $ 417,000 | $ 639,000 |
| CINCINNATI-MIDDLETOWN, OH-KY-IN | 1 | $ 182,000 | $ 182,000 | $ 65,000 |
| DENVER-AURORA, CO | 1 | $ 218,000 | $ 218,000 | $ 50,000 |
| FAYETTEVILLE, NC | 1 | $ 159,000 | $ 159,000 | $ 57,000 |
| FORT COLLINS-LOVELAND, CO | 1 | $ 220,000 | $ 220,000 | $ 97,000 |
| GREENSBORO-HIGH POINT, NC | 1 | $ 185,000 | $ 185,000 | $ 120,000 |
| HATTIESBURG, MS | 1 | $ 130,000 | $ 130,000 | $ 68,000 |
| HUNTINGTON-ASHLAND, WV-KY-OH | 1 | $ 7,000 | $ 7,000 | $ 57,000 |
| JACKSON, TN | 1 | $ 93,000 | $ 93,000 | $ 36,000 |
| JOHNSON CITY, TN | 1 | $ 250,000 | $ 250,000 | $ 120,000 |
| KANSAS CITY, MO-KS | 1 | $ 143,000 | $ 143,000 | $ 51,000 |
| KILLEEN-TEMPLE-FORT HOOD, TX | 1 | $ 10,000 | $ 10,000 | $ 109,000 |
| LEWISTON, ID-WA | 1 | $ 167,000 | $ 167,000 | $ 56,000 |
| LOGAN, UT-ID | 1 | $ 111,000 | $ 111,000 | $ 75,000 |
| LUBBOCK, TX | 1 | $ 124,000 | $ 124,000 | $ 155,000 |
| MIDLAND, TX | 1 | $ 280,000 | $ 280,000 | $ 130,000 |
| MISSOULA, MT | 1 | $ 544,000 | $ 544,000 | $ 240,000 |
| MORRISTOWN, TN | 1 | $ 181,000 | $ 181,000 | $ 99,000 |
| MYRTLE BEACH-NORTH MYRTLE BEACH-CONWAY, SC | 1 | $ 517,000 | $ 517,000 | $ 0 |
| OKLAHOMA CITY, OK | 1 | $ 166,000 | $ 166,000 | $ 115,000 |
| PASCAGOULA, MS | 1 | $ 130,000 | $ 130,000 | $ 87,000 |
| PHILADELPHIA, PA | 1 | $ 60,000 | $ 60,000 | $ 55,000 |
| PHOENIX-MESA-SCOTTSDALE, AZ | 1 | $ 187,000 | $ 187,000 | $ 71,000 |
| RALEIGH-CARY, NC | 1 | $ 171,000 | $ 171,000 | $ 41,000 |
| SANTA FE, NM | 1 | $ 250,000 | $ 250,000 | $ 311,000 |
| SCRANTON--WILKES-BARRE, PA | 1 | $ 278,000 | $ 278,000 | $ 205,000 |
| SHERMAN-DENISON, TX | 1 | $ 123,000 | $ 123,000 | $ 67,000 |
| TYLER, TX | 1 | $ 114,000 | $ 114,000 | $ 74,000 |
| WICHITA FALLS, TX | 1 | $ 212,000 | $ 212,000 | $ 90,000 |
Mortgage Loan Application Detail Totals for Colonial Bank in 2008
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 | 6,666 | $1,217,304,000 | $182,000 | $4,200,000 | $93,000 | $7,892,000 |
| Refinancing | 2,600 | $492,589,000 | $189,000 | $6,600,000 | $103,000 | $5,400,000 |
| Home Improvement | 801 | $111,637,000 | $139,000 | $6,000,000 | $34,000 | $649,000 |
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 | 5,997 | $1,026,515,000 | $171,000 | $6,600,000 | $102,000 | $6,036,000 |
| Black or African American | 2,502 | $394,353,000 | $157,000 | $4,000,000 | $59,000 | $1,185,000 |
| Hispanic | 662 | $128,520,000 | $194,000 | $2,625,000 | $121,000 | $7,892,000 |
| Not applicable | 411 | $159,791,000 | $388,000 | $6,000,000 | $6,000 | $1,400,000 |
| Not Provided | 325 | $82,201,000 | $252,000 | $3,135,000 | $170,000 | $4,533,000 |
| Asian | 136 | $25,470,000 | $187,000 | $1,080,000 | $116,000 | $982,000 |
| American Indian or Alaskan Native | 21 | $2,619,000 | $124,000 | $486,000 | $53,000 | $168,000 |
| Native Hawaiian or Other Pacific Islander | 13 | $2,061,000 | $158,000 | $880,000 | $85,000 | $551,000 |
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) | 5,389 | $1,083,687,000 | $201,000 | $6,600,000 | $119,000 | $7,892,000 |
| FHA-insured (Federal Housing Administration) | 3,955 | $615,285,000 | $155,000 | $409,000 | $57,000 | $528,000 |
| VA-guaranteed (Veterans Administration) | 596 | $107,773,000 | $180,000 | $1,467,000 | $65,000 | $716,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 127 | $14,785,000 | $116,000 | $247,000 | $40,000 | $85,000 |
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 | 7,898 | $1,322,414,000 | $167,000 | $5,000,000 | $83,000 | $5,250,000 |
| Application Withdrawn By Applicant | 882 | $208,708,000 | $236,000 | $6,000,000 | $108,000 | $4,440,000 |
| Application Denied By Financial Institution | 820 | $164,893,000 | $201,000 | $6,600,000 | $87,000 | $5,400,000 |
| Application Approved But Not Accepted | 381 | $92,841,000 | $243,000 | $4,770,000 | $200,000 | $7,892,000 |
| File Closed For Incompleteness | 86 | $32,674,000 | $379,000 | $3,540,000 | $199,000 | $1,555,000 |
| 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 |
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 | 341 | $23,784,000 | $69,000 | $1,200,000 | $52,000 | $814,000 |
| Debt-To-Income Ratio | 269 | $87,598,000 | $325,000 | $5,500,000 | $79,000 | $1,109,000 |
| Collateral | 113 | $26,932,000 | $238,000 | $6,600,000 | $146,000 | $2,944,000 |
| Other | 28 | $13,716,000 | $489,000 | $4,100,000 | $369,000 | $5,400,000 |
| Unverifiable Information | 24 | $5,222,000 | $217,000 | $1,265,000 | $91,000 | $491,000 |
| Credit Application Incomplete | 22 | $2,873,000 | $130,000 | $293,000 | $82,000 | $326,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 12 | $3,561,000 | $296,000 | $1,550,000 | $66,000 | $174,000 |
| Employment History | 11 | $1,207,000 | $109,000 | $372,000 | $54,000 | $199,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Colonial Bank's 2008 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 Colonial 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.