Southern Bancorp Bank
Mortgage Loan Application
Totals and Details
for 2020
Find mortgage loan statistics, lending data, and loan application totals for Arkansas.
The mortgage statistics and data below are specific to mortgage loan applications for Southern Bancorp Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.
| Mortgage Company & Address | Southern Bancorp Bank 601 Main Street Arkadelphia, AR 71923 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 |
| Total Number of Mortgage Applications | 928 |
| Total Mortgage Loan Application Amount | $125,320,000 |
| Average Mortgage Loan Application Amount | $120,000 |
| Highest Mortgage Loan Application Amount | $5,205,000 |
| Average Applicant Income | $140,200 |
| Highest Applicant Income | $1,860,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in AR, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Garland County Arkansas | 102 | $ 22,170,000 | $ 217,000 | $ 162,000 |
| Mississippi County Arkansas | 76 | $ 4,860,000 | $ 63,000 | $ 84,000 |
| Clark County Arkansas | 68 | $ 8,350,000 | $ 122,000 | $ 93,000 |
| Hot Spring County Arkansas | 63 | $ 5,195,000 | $ 82,000 | $ 78,000 |
| Phillips County Arkansas | 62 | $ 3,490,000 | $ 56,000 | $ 71,000 |
| Montgomery County Arkansas | 59 | $ 5,355,000 | $ 90,000 | $ 77,000 |
| Union County Arkansas | 58 | $ 3,700,000 | $ 63,000 | $ 81,000 |
| Sunflower County Mississippi | 53 | $ 3,115,000 | $ 58,000 | $ 87,000 |
| Washington County Mississippi | 44 | $ 2,960,000 | $ 67,000 | $ 68,000 |
| Poinsett County Arkansas | 39 | $ 2,705,000 | $ 69,000 | $ 100,000 |
| Coahoma County Mississippi | 31 | $ 1,515,000 | $ 48,000 | $ 54,000 |
| Craighead County Arkansas | 21 | $ 3,715,000 | $ 176,000 | $ 257,000 |
| Madison County Mississippi | 18 | $ 7,840,000 | $ 435,000 | $ 159,000 |
| Pike County Arkansas | 16 | $ 1,460,000 | $ 91,000 | $ 113,000 |
| Pulaski County Arkansas | 16 | $ 7,200,000 | $ 450,000 | $ 172,000 |
| Saline County Arkansas | 16 | $ 7,140,000 | $ 446,000 | $ 129,000 |
| Ashley County Arkansas | 15 | $ 905,000 | $ 60,000 | $ 77,000 |
| Bolivar County Mississippi | 15 | $ 1,355,000 | $ 90,000 | $ 59,000 |
| DeSoto County Mississippi | 13 | $ 1,805,000 | $ 138,000 | $ 243,000 |
| Shelby County Tennessee | 13 | $ 5,895,000 | $ 453,000 | $ 66,000 |
| Pearl River County Mississippi | 12 | $ 1,010,000 | $ 84,000 | $ 77,000 |
| Hinds County Mississippi | 10 | $ 1,840,000 | $ 184,000 | $ 105,000 |
| Forrest County Mississippi | 8 | $ 3,600,000 | $ 450,000 | $ 606,000 |
| Lamar County Mississippi | 8 | $ 6,310,000 | $ 788,000 | $ 335,000 |
| Panola County Mississippi | 6 | $ 280,000 | $ 46,000 | $ 80,000 |
| Rankin County Mississippi | 6 | $ 540,000 | $ 90,000 | $ 49,000 |
| Chicot County Arkansas | 5 | $ 155,000 | $ 31,000 | $ 41,000 |
| Sharp County Arkansas | 5 | $ 585,000 | $ 117,000 | $ 153,000 |
| Faulkner County Arkansas | 4 | $ 620,000 | $ 155,000 | $ 160,000 |
| Quitman County Mississippi | 4 | $ 140,000 | $ 35,000 | $ 35,000 |
| Baldwin County Alabama | 3 | $ 1,015,000 | $ 338,000 | $ 78,000 |
| Nevada County Arkansas | 3 | $ 405,000 | $ 135,000 | $ 65,000 |
| Harrison County Mississippi | 3 | $ 165,000 | $ 55,000 | $ 193,000 |
| Tallahatchie County Mississippi | 3 | $ 55,000 | $ 18,000 | $ 24,000 |
| Baxter County Arkansas | 2 | $ 1,140,000 | $ 570,000 | $ 68,000 |
| Benton County Arkansas | 2 | $ 270,000 | $ 135,000 | $ 115,000 |
| Bradley County Arkansas | 2 | $ 190,000 | $ 95,000 | $ 103,000 |
| Calhoun County Arkansas | 2 | $ 70,000 | $ 35,000 | $ 28,000 |
| Cleburne County Arkansas | 2 | $ 320,000 | $ 160,000 | $ 229,000 |
| Columbia County Arkansas | 2 | $ 340,000 | $ 170,000 | $ 88,000 |
| Monroe County Arkansas | 2 | $ 60,000 | $ 30,000 | $ 64,000 |
| Union County Louisiana | 2 | $ 260,000 | $ 130,000 | $ 222,000 |
| West Carroll County Louisiana | 2 | $ 100,000 | $ 50,000 | $ 25,000 |
| Humphreys County Mississippi | 2 | $ 70,000 | $ 35,000 | $ 25,000 |
| Marshall County Mississippi | 2 | $ 90,000 | $ 45,000 | $ 124,000 |
| Oktibbeha County Mississippi | 2 | $ 1,530,000 | $ 765,000 | $ 285,000 |
| Mobile County Alabama | 1 | $ 45,000 | $ 45,000 | $ 48,000 |
| Montgomery County Alabama | 1 | $ 125,000 | $ 125,000 | $ 141,000 |
| Dallas County Arkansas | 1 | $ 25,000 | $ 25,000 | $ 48,000 |
| Fulton County Arkansas | 1 | $ 15,000 | $ 15,000 | $ 57,000 |
| Grant County Arkansas | 1 | $ 205,000 | $ 205,000 | $ 96,000 |
| Greene County Arkansas | 1 | $ 65,000 | $ 65,000 | $ 47,000 |
| Hempstead County Arkansas | 1 | $ 85,000 | $ 85,000 | $ 147,000 |
| Izard County Arkansas | 1 | $ 5,000 | $ 5,000 | $ 118,000 |
| Jefferson County Arkansas | 1 | $ 45,000 | $ 45,000 | $ 0 |
| Lee County Arkansas | 1 | $ 135,000 | $ 135,000 | $ 117,000 |
| Ouachita County Arkansas | 1 | $ 105,000 | $ 105,000 | $ 44,000 |
| Pope County Arkansas | 1 | $ 95,000 | $ 95,000 | $ 0 |
| Washington County Arkansas | 1 | $ 115,000 | $ 115,000 | $ 133,000 |
| White County Arkansas | 1 | $ 65,000 | $ 65,000 | $ 42,000 |
| Claiborne County Louisiana | 1 | $ 55,000 | $ 55,000 | $ 56,000 |
| Lincoln County Louisiana | 1 | $ 145,000 | $ 145,000 | $ 122,000 |
| Ouachita County Louisiana | 1 | $ 325,000 | $ 325,000 | $ 135,000 |
| Copiah County Mississippi | 1 | $ 15,000 | $ 15,000 | $ 19,000 |
| Leake County Mississippi | 1 | $ 205,000 | $ 205,000 | $ 192,000 |
| Tunica County Mississippi | 1 | $ 55,000 | $ 55,000 | $ 35,000 |
| Yalobusha County Mississippi | 1 | $ 55,000 | $ 55,000 | $ 10,000 |
| Pemiscot County Missouri | 1 | $ 25,000 | $ 25,000 | $ 41,000 |
| Comanche County Oklahoma | 1 | $ 145,000 | $ 145,000 | $ 120,000 |
| Madison County Tennessee | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Morgan County Utah | 1 | $ 745,000 | $ 745,000 | $ 1,056,000 |
| Ohio County West Virginia | 1 | $ 445,000 | $ 445,000 | $ 355,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Arkansas,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Southern Bancorp Bank in 2020
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 | 428 | $59,110,000 | $138,000 | $5,185,000 | $100,000 | $1,056,000 |
| Refinancing | 419 | $61,965,000 | $147,000 | $5,205,000 | $109,000 | $1,860,000 |
| Home Improvement | 60 | $2,150,000 | $35,000 | $145,000 | $70,000 | $374,000 |
| Other Purpose | 15 | $685,000 | $45,000 | $95,000 | $54,000 | $85,000 |
| Cash-out Refinancing | 6 | $1,410,000 | $235,000 | $395,000 | $368,000 | $1,557,000 |
| 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 | 536 | $66,400,000 | $123,000 | $1,715,000 | $117,000 | $1,860,000 |
| Black or African American | 220 | $15,880,000 | $72,000 | $1,155,000 | $68,000 | $567,000 |
| Not applicable | 141 | $40,175,000 | $284,000 | $5,205,000 | $0 | $0 |
| Hispanic | 21 | $1,625,000 | $77,000 | $185,000 | $118,000 | $993,000 |
| Asian | 5 | $1,025,000 | $205,000 | $515,000 | $106,000 | $197,000 |
| American Indian or Alaskan Native | 3 | $145,000 | $48,000 | $65,000 | $99,000 | $130,000 |
| Not Provided | 1 | $65,000 | $65,000 | $65,000 | $56,000 | $56,000 |
| Native Hawaiian or Other 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) | 895 | $121,685,000 | $135,000 | $5,205,000 | $105,000 | $1,860,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 22 | $2,240,000 | $101,000 | $195,000 | $42,000 | $75,000 |
| FHA-insured (Federal Housing Administration) | 9 | $995,000 | $110,000 | $255,000 | $53,000 | $117,000 |
| VA-guaranteed (Veterans Administration) | 2 | $400,000 | $200,000 | $225,000 | $94,000 | $125,000 |
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 | 684 | $96,630,000 | $141,000 | $5,205,000 | $113,000 | $1,860,000 |
| Application Denied By Financial Institution | 138 | $15,290,000 | $110,000 | $1,075,000 | $67,000 | $1,557,000 |
| Application Approved But Not Accepted | 86 | $9,900,000 | $115,000 | $745,000 | $98,000 | $1,056,000 |
| Application Withdrawn By Applicant | 20 | $3,500,000 | $175,000 | $1,155,000 | $98,000 | $567,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 790 | $110,030,000 | $139,000 | $5,205,000 | $110,000 | $1,860,000 |
| Credit History | 85 | $6,545,000 | $77,000 | $845,000 | $57,000 | $470,000 |
| Debt-To-Income Ratio | 45 | $7,615,000 | $169,000 | $1,075,000 | $85,000 | $1,557,000 |
| Other | 3 | $485,000 | $161,000 | $265,000 | $108,000 | $141,000 |
| Collateral | 2 | $270,000 | $135,000 | $175,000 | $44,000 | $64,000 |
| Employment History | 2 | $310,000 | $155,000 | $205,000 | $91,000 | $132,000 |
| Unverifiable Information | 1 | $65,000 | $65,000 | $65,000 | $0 | $0 |
| Credit Application Incomplete | 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 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in AR, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Arkansas, and search similar information at your convenience.