Evolve Bank & Trust Mortgage Lending & HMDA Data, 2009

In 2009, Evolve Bank & Trust of Cordova, TN reported 1,159 mortgage applications totaling $207.0 million, up 1604% from 2008. The average application was for $178,584, and applicants reported an average income of $82,083. 74% of its applications resulted in an originated loan and 17% were denied. Its largest markets were Memphis, TN-MS-AR (521), Jackson, MS (146) and Cincinnati-Middletown, OH-KY-IN (82) (applications in parentheses).

Mortgage Company & Address Evolve Bank & Trust
8000 Centerview Pkwy; Suite 500
Cordova, TN 38018
Tel #: available with data download
Federal Regulator * available with data download
Years 2009  2008  2007  
Total Number of Mortgage Applications 1,159
Total Mortgage Loan Application Amount $206,980,000
Average Mortgage Loan Application Amount $178,584
Highest Mortgage Loan Application Amount $730,000
Average Applicant Income $82,083
Highest Applicant Income $3,000,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Evolve Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Mortgage Loan Application Totals for Evolve Bank & Trust by County in 2009

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Shelby, Tennessee 401 $ 68,735,000 $ 171,408 $ 91,000
Hinds, Mississippi 60 $ 7,323,000 $ 122,050 $ 38,000
DeSoto, Mississippi 59 $ 10,014,000 $ 169,728 $ 72,000
Rankin, Mississippi 49 $ 7,593,000 $ 154,959 $ 46,000
Hamilton, Ohio 36 $ 6,308,000 $ 175,222 $ 77,000
Madison, Mississippi 34 $ 6,764,000 $ 198,941 $ 67,000
Fayette, Tennessee 26 $ 5,701,000 $ 219,269 $ 78,000
Warren, Ohio 23 $ 4,713,000 $ 204,913 $ 66,000
Orange, California 20 $ 8,291,000 $ 414,550 $ 107,000
Cross, Arkansas 19 $ 1,589,000 $ 83,631 $ 44,000
Tipton, Tennessee 16 $ 2,699,000 $ 168,687 $ 71,000
Crittenden, Arkansas 14 $ 971,000 $ 69,357 $ 38,000
Pickens, Georgia 14 $ 2,116,000 $ 151,142 $ 79,000
Butler, Ohio 13 $ 2,406,000 $ 185,076 $ 77,000
Henry, Georgia 9 $ 1,437,000 $ 159,666 $ 62,000
Warren, Mississippi 9 $ 1,533,000 $ 170,333 $ 69,000
Franklin, Ohio 9 $ 1,787,000 $ 198,555 $ 69,000
Lafayette, Mississippi 8 $ 1,334,000 $ 166,750 $ 97,000
Travis, Texas 8 $ 1,501,000 $ 187,625 $ 112,000
Jones, Mississippi 7 $ 932,000 $ 133,142 $ 53,000
Leake, Mississippi 6 $ 703,000 $ 117,166 $ 34,000
San Bernardino, California 5 $ 556,000 $ 111,200 $ 36,000
New Haven, Connecticut 5 $ 940,000 $ 188,000 $ 91,000
Suffolk, New York 5 $ 1,284,000 $ 256,800 $ 55,000
Clermont, Ohio 5 $ 1,333,000 $ 266,600 $ 115,000
Cuyahoga, Ohio 5 $ 1,317,000 $ 263,400 $ 102,000
Delaware, Ohio 5 $ 1,052,000 $ 210,400 $ 67,000
Lucas, Ohio 5 $ 926,000 $ 185,200 $ 77,000
Stark, Ohio 5 $ 532,000 $ 106,400 $ 77,000
Cleburne, Arkansas 4 $ 552,000 $ 138,000 $ 58,000
Riverside, California 4 $ 1,002,000 $ 250,500 $ 41,000
Litchfield, Connecticut 4 $ 948,000 $ 237,000 $ 88,000
Lauderdale, Mississippi 4 $ 586,000 $ 146,500 $ 31,000
Westchester, New York 4 $ 1,755,000 $ 438,750 $ 181,000
Williamson, Texas 4 $ 816,000 $ 204,000 $ 38,000
Madison, Alabama 3 $ 582,000 $ 194,000 $ 100,000
Faulkner, Arkansas 3 $ 268,000 $ 89,333 $ 42,000
Arapahoe, Colorado 3 $ 797,000 $ 265,666 $ 110,000
Cherokee, Georgia 3 $ 464,000 $ 154,666 $ 78,000
Kent, Michigan 3 $ 196,000 $ 65,333 $ 20,000
Ottawa, Michigan 3 $ 696,000 $ 232,000 $ 77,000
Marshall, Mississippi 3 $ 391,000 $ 130,333 $ 102,000
Rockland, New York 3 $ 832,000 $ 277,333 $ 77,000
Fairfield, Ohio 3 $ 718,000 $ 239,333 $ 46,000
Montgomery, Ohio 3 $ 527,000 $ 175,666 $ 41,000
Davidson, Tennessee 3 $ 842,000 $ 280,666 $ 64,000
Hardin, Tennessee 3 $ 119,000 $ 39,666 $ 108,000
Hays, Texas 3 $ 489,000 $ 163,000 $ 62,000
Cullman, Alabama 2 $ 296,000 $ 148,000 $ 60,000
Maricopa, Arizona 2 $ 367,000 $ 183,500 $ 29,000
Pima, Arizona 2 $ 791,000 $ 395,500 $ 172,000
Garland, Arkansas 2 $ 401,000 $ 200,500 $ 120,000
Sebastian, Arkansas 2 $ 244,000 $ 122,000 $ 77,000
Sharp, Arkansas 2 $ 140,000 $ 70,000 $ 38,000
Los Angeles, California 2 $ 1,052,000 $ 526,000 $ 146,000
San Diego, California 2 $ 568,000 $ 284,000 $ 111,000
Broomfield, Colorado 2 $ 299,000 $ 149,500 $ 122,000
Douglas, Colorado 2 $ 517,000 $ 258,500 $ 93,000
Brevard, Florida 2 $ 369,000 $ 184,500 $ 62,000
Broward, Florida 2 $ 264,000 $ 132,000 $ 59,000
Duval, Florida 2 $ 540,000 $ 270,000 $ 104,000
Walton, Florida 2 $ 539,000 $ 269,500 $ 1,525,000
Cobb, Georgia 2 $ 479,000 $ 239,500 $ 86,000
Dawson, Georgia 2 $ 262,000 $ 131,000 $ 49,000
Fulton, Georgia 2 $ 378,000 $ 189,000 $ 71,000
Boone, Kentucky 2 $ 280,000 $ 140,000 $ 30,000
Campbell, Kentucky 2 $ 319,000 $ 159,500 $ 47,000
Copiah, Mississippi 2 $ 222,000 $ 111,000 $ 42,000
Pike, Mississippi 2 $ 158,000 $ 79,000 $ 31,000
Tate, Mississippi 2 $ 328,000 $ 164,000 $ 52,000
Yazoo, Mississippi 2 $ 550,000 $ 275,000 $ 125,000
Clark, Nevada 2 $ 402,000 $ 201,000 $ 72,000
Kings, New York 2 $ 961,000 $ 480,500 $ 32,000
Nassau, New York 2 $ 557,000 $ 278,500 $ 78,000
Orange, New York 2 $ 474,000 $ 237,000 $ 134,000
Wake, North Carolina 2 $ 596,000 $ 298,000 $ 151,000
Huron, Ohio 2 $ 423,000 $ 211,500 $ 138,000
Lorain, Ohio 2 $ 267,000 $ 133,500 $ 74,000
Portage, Ohio 2 $ 261,000 $ 130,500 $ 34,000
Richland, Ohio 2 $ 275,000 $ 137,500 $ 96,000
Knox, Tennessee 2 $ 333,000 $ 166,500 $ 116,000
Collin, Texas 2 $ 475,000 $ 237,500 $ 183,000
Tarrant, Texas 2 $ 267,000 $ 133,500 $ 97,000
Salt Lake, Utah 2 $ 479,000 $ 239,500 $ 0
Arlington, Virginia 2 $ 551,000 $ 275,500 $ 117,000
Whatcom, Washington 2 $ 645,000 $ 322,500 $ 153,000
Jackson, Alabama 1 $ 88,000 $ 88,000 $ 103,000
Jefferson, Alabama 1 $ 230,000 $ 230,000 $ 40,000
Marshall, Alabama 1 $ 333,000 $ 333,000 $ 73,000
Morgan, Alabama 1 $ 63,000 $ 63,000 $ 85,000
Yavapai, Arizona 1 $ 91,000 $ 91,000 $ 31,000
Crawford, Arkansas 1 $ 148,000 $ 148,000 $ 78,000
St. Francis, Arkansas 1 $ 125,000 $ 125,000 $ 90,000
Alameda, California 1 $ 200,000 $ 200,000 $ 36,000
Calaveras, California 1 $ 291,000 $ 291,000 $ 0
Larimer, Colorado 1 $ 120,000 $ 120,000 $ 133,000
Hartford, Connecticut 1 $ 190,000 $ 190,000 $ 62,000
New London, Connecticut 1 $ 208,000 $ 208,000 $ 113,000
Windham, Connecticut 1 $ 414,000 $ 414,000 $ 130,000
Alachua, Florida 1 $ 212,000 $ 212,000 $ 0
Collier, Florida 1 $ 63,000 $ 63,000 $ 54,000
Lee, Florida 1 $ 362,000 $ 362,000 $ 133,000
Leon, Florida 1 $ 113,000 $ 113,000 $ 0
Okaloosa, Florida 1 $ 385,000 $ 385,000 $ 320,000
Pinellas, Florida 1 $ 169,000 $ 169,000 $ 1,100,000
Seminole, Florida 1 $ 129,000 $ 129,000 $ 98,000
St. Lucie, Florida 1 $ 196,000 $ 196,000 $ 90,000
Volusia, Florida 1 $ 334,000 $ 334,000 $ 240,000
Butts, Georgia 1 $ 82,000 $ 82,000 $ 20,000
Clayton, Georgia 1 $ 103,000 $ 103,000 $ 26,000
Gilmer, Georgia 1 $ 136,000 $ 136,000 $ 32,000
Gwinnett, Georgia 1 $ 188,000 $ 188,000 $ 47,000
Spalding, Georgia 1 $ 132,000 $ 132,000 $ 56,000
Jefferson, Illinois 1 $ 122,000 $ 122,000 $ 46,000
McHenry, Illinois 1 $ 366,000 $ 366,000 $ 0
Monroe, Illinois 1 $ 218,000 $ 218,000 $ 88,000
Winnebago, Illinois 1 $ 188,000 $ 188,000 $ 0
Jefferson, Kentucky 1 $ 238,000 $ 238,000 $ 91,000
Kenton, Kentucky 1 $ 112,000 $ 112,000 $ 27,000
Jefferson, Louisiana 1 $ 155,000 $ 155,000 $ 150,000
Prince George's, Maryland 1 $ 196,000 $ 196,000 $ 137,000
Plymouth, Massachusetts 1 $ 203,000 $ 203,000 $ 22,000
Lenawee, Michigan 1 $ 133,000 $ 133,000 $ 110,000
Muskegon, Michigan 1 $ 150,000 $ 150,000 $ 90,000
Benton, Mississippi 1 $ 78,000 $ 78,000 $ 50,000
Forrest, Mississippi 1 $ 127,000 $ 127,000 $ 31,000
Franklin, Mississippi 1 $ 191,000 $ 191,000 $ 70,000
Lamar, Mississippi 1 $ 172,000 $ 172,000 $ 68,000
Leflore, Mississippi 1 $ 111,000 $ 111,000 $ 100,000
Oktibbeha, Mississippi 1 $ 78,000 $ 78,000 $ 28,000
Panola, Mississippi 1 $ 106,000 $ 106,000 $ 19,000
Simpson, Mississippi 1 $ 85,000 $ 85,000 $ 57,000
Smith, Mississippi 1 $ 84,000 $ 84,000 $ 29,000
Sunflower, Mississippi 1 $ 120,000 $ 120,000 $ 54,000
Tishomingo, Mississippi 1 $ 393,000 $ 393,000 $ 98,000
Washington, Mississippi 1 $ 80,000 $ 80,000 $ 34,000
Phelps, Missouri 1 $ 204,000 $ 204,000 $ 111,000
Lancaster, Nebraska 1 $ 128,000 $ 128,000 $ 67,000
Broome, New York 1 $ 252,000 $ 252,000 $ 136,000
Chautauqua, New York 1 $ 255,000 $ 255,000 $ 222,000
Dutchess, New York 1 $ 308,000 $ 308,000 $ 111,000
Erie, New York 1 $ 132,000 $ 132,000 $ 549,000
New York, New York 1 $ 370,000 $ 370,000 $ 28,000
Oneida, New York 1 $ 136,000 $ 136,000 $ 115,000
Saratoga, New York 1 $ 245,000 $ 245,000 $ 0
Ulster, New York 1 $ 249,000 $ 249,000 $ 53,000
Mecklenburg, North Carolina 1 $ 350,000 $ 350,000 $ 125,000
Union, North Carolina 1 $ 285,000 $ 285,000 $ 90,000
Ashtabula, Ohio 1 $ 200,000 $ 200,000 $ 77,000
Belmont, Ohio 1 $ 213,000 $ 213,000 $ 54,000
Geauga, Ohio 1 $ 172,000 $ 172,000 $ 40,000
Greene, Ohio 1 $ 189,000 $ 189,000 $ 85,000
Highland, Ohio 1 $ 140,000 $ 140,000 $ 71,000
Hocking, Ohio 1 $ 198,000 $ 198,000 $ 0
Licking, Ohio 1 $ 98,000 $ 98,000 $ 47,000
Mahoning, Ohio 1 $ 129,000 $ 129,000 $ 36,000
Medina, Ohio 1 $ 171,000 $ 171,000 $ 79,000
Miami, Ohio 1 $ 330,000 $ 330,000 $ 139,000
Morgan, Ohio 1 $ 172,000 $ 172,000 $ 129,000
Paulding, Ohio 1 $ 100,000 $ 100,000 $ 95,000
Shelby, Ohio 1 $ 215,000 $ 215,000 $ 106,000
Summit, Ohio 1 $ 197,000 $ 197,000 $ 168,000
Union, Ohio 1 $ 328,000 $ 328,000 $ 90,000
Washington, Ohio 1 $ 200,000 $ 200,000 $ 114,000
Wayne, Ohio 1 $ 163,000 $ 163,000 $ 45,000
Jackson, Oklahoma 1 $ 136,000 $ 136,000 $ 65,000
Tillamook, Oregon 1 $ 224,000 $ 224,000 $ 131,000
Allegheny, Pennsylvania 1 $ 150,000 $ 150,000 $ 64,000
Delaware, Pennsylvania 1 $ 275,000 $ 275,000 $ 0
Lehigh, Pennsylvania 1 $ 302,000 $ 302,000 $ 62,000
York, Pennsylvania 1 $ 124,000 $ 124,000 $ 66,000
Blount, Tennessee 1 $ 133,000 $ 133,000 $ 54,000
Chester, Tennessee 1 $ 240,000 $ 240,000 $ 150,000
Hardeman, Tennessee 1 $ 38,000 $ 38,000 $ 40,000
Haywood, Tennessee 1 $ 114,000 $ 114,000 $ 36,000
Maury, Tennessee 1 $ 352,000 $ 352,000 $ 170,000
Weakley, Tennessee 1 $ 306,000 $ 306,000 $ 166,000
Bell, Texas 1 $ 85,000 $ 85,000 $ 64,000
Burnet, Texas 1 $ 417,000 $ 417,000 $ 1,143,000
Dallas, Texas 1 $ 118,000 $ 118,000 $ 51,000
Fort Bend, Texas 1 $ 224,000 $ 224,000 $ 80,000
Harris, Texas 1 $ 417,000 $ 417,000 $ 181,000
Kendall, Texas 1 $ 224,000 $ 224,000 $ 149,000
Kerr, Texas 1 $ 239,000 $ 239,000 $ 544,000
Virginia Beach, Virginia 1 $ 184,000 $ 184,000 $ 116,000
Thurston, Washington 1 $ 263,000 $ 263,000 $ 0
Randolph, West Virginia 1 $ 103,000 $ 103,000 $ 33,000
Fond du Lac, Wisconsin 1 $ 232,000 $ 232,000 $ 53,000

Mortgage Loan Application Detail Totals for Evolve Bank & Trust in 2009

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 687 $136,320,000 $198,000 $730,000 $92,000 $3,000,000
Home Purchase 461 $70,254,000 $152,000 $724,000 $68,000 $544,000
Home Improvement 11 $406,000 $36,000 $155,000 $53,000 $150,000

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 808 $151,750,000 $187,000 $730,000 $91,000 $3,000,000
Black or African American 224 $30,955,000 $138,000 $417,000 $48,000 $313,000
Not Provided 67 $12,173,000 $181,000 $394,000 $84,000 $261,000
Asian 35 $8,038,000 $229,000 $675,000 $91,000 $199,000
Hispanic 24 $3,866,000 $161,000 $558,000 $58,000 $233,000
Native Hawaiian or Other Pacific Islander 1 $198,000 $198,000 $198,000 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
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) 638 $123,299,000 $193,000 $730,000 $106,000 $3,000,000
FHA-insured (Federal Housing Administration) 430 $69,112,000 $160,000 $724,000 $52,000 $1,100,000
VA-guaranteed (Veterans Administration) 47 $8,729,000 $185,000 $397,000 $56,000 $190,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 44 $5,840,000 $132,000 $306,000 $46,000 $78,000

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 854 $154,522,000 $180,000 $730,000 $85,000 $3,000,000
Application Denied By Financial Institution 195 $32,082,000 $164,000 $675,000 $69,000 $261,000
Application Withdrawn By Applicant 92 $17,394,000 $189,000 $414,000 $78,000 $250,000
Application Approved But Not Accepted 18 $2,982,000 $165,000 $360,000 $93,000 $549,000
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
Collateral 59 $11,069,000 $187,000 $558,000 $85,000 $240,000
Other 46 $7,614,000 $165,000 $675,000 $85,000 $199,000
Credit History 44 $5,538,000 $125,000 $332,000 $45,000 $121,000
Credit Application Incomplete 20 $2,847,000 $142,000 $322,000 $67,000 $261,000
Debt-To-Income Ratio 13 $2,299,000 $176,000 $570,000 $39,000 $83,000
Unverifiable Information 7 $1,493,000 $213,000 $408,000 $48,000 $97,000
Insufficient Cash (Downpayment, Closing Cost) 4 $867,000 $216,000 $417,000 $60,000 $94,000
Employment History 2 $355,000 $177,000 $232,000 $44,000 $53,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Evolve Bank & Trust's 2009 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 Evolve Bank & Trust'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.
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