F & M Community Bank, N.A. Mortgage Lending & HMDA Data, 2025
In 2025, F & M Community Bank, N.A. of Preston, MN reported 94 mortgage applications totaling $17.8 million, up 25% from 2024. The average application was for $189,574, and applicants reported an average income of $125,329. 89% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Rochester, MN (78), La Crosse-Onalaska, WI-MN (2) and Des Moines-West Des Moines, IA (1) (applications in parentheses).
| Mortgage Company & Address | F & M Community Bank, N.A. Po Box 467 Preston, MN 55965 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 | 94 |
| Total Mortgage Loan Application Amount | $17,820,000 |
| Average Mortgage Loan Application Amount | $189,574 |
| Highest Mortgage Loan Application Amount | $655,000 |
| Average Applicant Income | $125,329 |
| Highest Applicant Income | $459,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records F & M Community Bank, N.A. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Rochester, MN | 78 | $ 13,630,000 | $ 174,743 | $ 116,000 |
| Outside any metro area | 11 | $ 2,545,000 | $ 231,363 | $ 159,300 |
| La Crosse-Onalaska, WI-MN | 2 | $ 490,000 | $ 245,000 | $ 139,000 |
| Des Moines-West Des Moines, IA | 1 | $ 395,000 | $ 395,000 | $ 203,000 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 1 | $ 335,000 | $ 335,000 | $ 173,000 |
| North Port-Sarasota-Bradenton, FL | 1 | $ 425,000 | $ 425,000 | $ 231,000 |
Mortgage Loan Application Detail Totals for F & M Community Bank, N.A. in 2025
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 | 48 | $11,180,000 | $232,000 | $605,000 | $126,000 | $267,000 |
| Refinancing | 18 | $3,250,000 | $180,000 | $655,000 | $157,000 | $459,000 |
| Other Purpose | 13 | $935,000 | $71,000 | $205,000 | $113,000 | $252,000 |
| Cash-out Refinancing | 11 | $2,245,000 | $204,000 | $445,000 | $98,000 | $169,000 |
| Home Improvement | 4 | $210,000 | $52,000 | $75,000 | $90,000 | $144,000 |
| 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 | 85 | $15,935,000 | $187,000 | $655,000 | $124,000 | $459,000 |
| Not applicable | 7 | $1,435,000 | $205,000 | $345,000 | $0 | $0 |
| Asian | 2 | $450,000 | $225,000 | $275,000 | $138,000 | $148,000 |
| Black or African American | 0 | $0 | $0 | $0 | $0 | $0 |
| Hispanic | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Provided | 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) | 94 | $17,820,000 | $189,000 | $655,000 | $125,000 | $459,000 |
| 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 | 84 | $14,940,000 | $177,000 | $605,000 | $126,000 | $459,000 |
| Application Approved But Not Accepted | 5 | $1,375,000 | $275,000 | $455,000 | $115,000 | $184,000 |
| Application Withdrawn By Applicant | 4 | $1,450,000 | $362,000 | $655,000 | $126,000 | $180,000 |
| Application Denied By Financial Institution | 1 | $55,000 | $55,000 | $55,000 | $52,000 | $52,000 |
| 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 | 93 | $17,765,000 | $191,000 | $655,000 | $126,000 | $459,000 |
| Collateral | 1 | $55,000 | $55,000 | $55,000 | $52,000 | $52,000 |
| 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 F & M Community Bank, N.A.'s 2025 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 F & M Community Bank, N.A.'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 Minnesota, download the full spreadsheet
with aggregated HMDA statistics today.
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