Farmers Bank & Trust Mortgage Lending & HMDA Data, 2011
In 2011, Farmers Bank & Trust of Magnolia, AR reported 623 mortgage applications totaling $53.3 million, down 8% from 2010. The average application was for $85,563, and applicants reported an average income of $62,850. 85% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Little Rock-North Little Rock-Conway, AR (21), Hot Springs, AR (8) and Texarkana, Tx-Texarkana, AR (6) (applications in parentheses).
| Mortgage Company & Address | Farmers Bank & Trust 200 E Main St Magnolia, AR 71753 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 |
| Total Number of Mortgage Applications | 623 |
| Total Mortgage Loan Application Amount | $53,306,000 |
| Average Mortgage Loan Application Amount | $85,563 |
| Highest Mortgage Loan Application Amount | $1,242,000 |
| Average Applicant Income | $62,850 |
| Highest Applicant Income | $913,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Farmers Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Columbia, Arkansas | 282 | $ 24,984,000 | $ 88,595 | $ 61,000 |
| Ouachita, Arkansas | 164 | $ 9,619,000 | $ 58,652 | $ 55,000 |
| Hot Spring, Arkansas | 60 | $ 3,653,000 | $ 60,883 | $ 57,000 |
| Lafayette, Arkansas | 23 | $ 1,739,000 | $ 75,608 | $ 66,000 |
| Webster, Louisiana | 10 | $ 1,008,000 | $ 100,800 | $ 58,000 |
| Saline, Arkansas | 9 | $ 535,000 | $ 59,444 | $ 69,000 |
| Union, Arkansas | 9 | $ 865,000 | $ 96,111 | $ 67,000 |
| Garland, Arkansas | 8 | $ 1,279,000 | $ 159,875 | $ 120,000 |
| Pulaski, Arkansas | 8 | $ 1,511,000 | $ 188,875 | $ 95,000 |
| Calhoun, Arkansas | 7 | $ 223,000 | $ 31,857 | $ 36,000 |
| Miller, Arkansas | 5 | $ 772,000 | $ 154,400 | $ 50,000 |
| Clark, Arkansas | 4 | $ 254,000 | $ 63,500 | $ 69,000 |
| Dallas, Arkansas | 4 | $ 203,000 | $ 50,750 | $ 59,000 |
| Bossier, Louisiana | 4 | $ 518,000 | $ 129,500 | $ 75,000 |
| Nevada, Arkansas | 3 | $ 222,000 | $ 74,000 | $ 68,000 |
| Faulkner, Arkansas | 2 | $ 440,000 | $ 220,000 | $ 61,000 |
| Lonoke, Arkansas | 2 | $ 344,000 | $ 172,000 | $ 57,000 |
| White, Arkansas | 2 | $ 20,000 | $ 10,000 | $ 44,000 |
| Ashley, Arkansas | 1 | $ 147,000 | $ 147,000 | $ 72,000 |
| Baxter, Arkansas | 1 | $ 59,000 | $ 59,000 | $ 140,000 |
| Cleveland, Arkansas | 1 | $ 245,000 | $ 245,000 | $ 137,000 |
| Craighead, Arkansas | 1 | $ 324,000 | $ 324,000 | $ 324,000 |
| Crawford, Arkansas | 1 | $ 30,000 | $ 30,000 | $ 37,000 |
| Hempstead, Arkansas | 1 | $ 45,000 | $ 45,000 | $ 18,000 |
| Jefferson, Arkansas | 1 | $ 48,000 | $ 48,000 | $ 0 |
| Pope, Arkansas | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Sebastian, Arkansas | 1 | $ 120,000 | $ 120,000 | $ 200,000 |
| Thomas, Georgia | 1 | $ 1,242,000 | $ 1,242,000 | $ 913,000 |
| Caddo, Louisiana | 1 | $ 44,000 | $ 44,000 | $ 36,000 |
| Claiborne, Louisiana | 1 | $ 126,000 | $ 126,000 | $ 102,000 |
| East Baton Rouge, Louisiana | 1 | $ 330,000 | $ 330,000 | $ 170,000 |
| Bowie, Texas | 1 | $ 1,120,000 | $ 1,120,000 | $ 0 |
| Denton, Texas | 1 | $ 292,000 | $ 292,000 | $ 286,000 |
| Ellis, Texas | 1 | $ 557,000 | $ 557,000 | $ 0 |
| Williamson, Texas | 1 | $ 163,000 | $ 163,000 | $ 0 |
Mortgage Loan Application Detail Totals for Farmers Bank & Trust in 2011
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 | 288 | $29,842,000 | $103,000 | $557,000 | $64,000 | $324,000 |
| Home Improvement | 214 | $8,015,000 | $37,000 | $1,120,000 | $55,000 | $300,000 |
| Refinancing | 121 | $15,449,000 | $127,000 | $1,242,000 | $74,000 | $913,000 |
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 | 471 | $43,706,000 | $92,000 | $1,242,000 | $70,000 | $913,000 |
| Black or African American | 104 | $4,313,000 | $41,000 | $257,000 | $44,000 | $252,000 |
| Not applicable | 28 | $3,998,000 | $142,000 | $1,120,000 | $0 | $0 |
| Hispanic | 8 | $378,000 | $47,000 | $144,000 | $53,000 | $91,000 |
| Not Provided | 6 | $323,000 | $53,000 | $160,000 | $76,000 | $190,000 |
| Asian | 4 | $532,000 | $133,000 | $329,000 | $39,000 | $60,000 |
| American Indian or Alaskan Native | 1 | $20,000 | $20,000 | $20,000 | $250,000 | $250,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $36,000 | $36,000 | $36,000 | $28,000 | $28,000 |
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) | 623 | $53,306,000 | $85,000 | $1,242,000 | $63,000 | $913,000 |
| 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 | 530 | $48,082,000 | $90,000 | $1,242,000 | $65,000 | $913,000 |
| Application Denied By Financial Institution | 64 | $2,770,000 | $43,000 | $235,000 | $38,000 | $190,000 |
| Application Approved But Not Accepted | 23 | $1,960,000 | $85,000 | $324,000 | $71,000 | $324,000 |
| Application Withdrawn By Applicant | 6 | $494,000 | $82,000 | $190,000 | $52,000 | $101,000 |
| 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 | 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 Farmers Bank & Trust's 2011 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 Farmers 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.
For a list of all lenders in Arkansas, download the full spreadsheet
with aggregated HMDA statistics today.
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