Farmers Bank & Trust Mortgage Lending & HMDA Data, 2014
In 2014, Farmers Bank & Trust of Magnolia, AR reported 926 mortgage applications totaling $99.6 million, up 1% from 2013. The average application was for $107,585, and applicants reported an average income of $68,246. 79% of its applications resulted in an originated loan and 13% were denied. Its largest markets were Texarkana, TX-AR (139), Little Rock-North Little Rock-Conway, AR (53) and Shreveport-Bossier City, LA (29) (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 | 926 |
| Total Mortgage Loan Application Amount | $99,624,000 |
| Average Mortgage Loan Application Amount | $107,585 |
| Highest Mortgage Loan Application Amount | $1,826,000 |
| Average Applicant Income | $68,246 |
| Highest Applicant Income | $595,000 |
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Act (HMDA) records Farmers Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 | 351 | $ 38,192,000 | $ 108,809 | $ 63,000 |
| Ouachita, Arkansas | 167 | $ 10,919,000 | $ 65,383 | $ 52,000 |
| Bowie, Texas | 93 | $ 16,849,000 | $ 181,172 | $ 96,000 |
| Hot Spring, Arkansas | 62 | $ 3,849,000 | $ 62,080 | $ 62,000 |
| Miller, Arkansas | 44 | $ 6,946,000 | $ 157,863 | $ 93,000 |
| Saline, Arkansas | 32 | $ 4,670,000 | $ 145,937 | $ 62,000 |
| Webster, Louisiana | 27 | $ 2,600,000 | $ 96,296 | $ 72,000 |
| Lafayette, Arkansas | 26 | $ 2,361,000 | $ 90,807 | $ 72,000 |
| Union, Arkansas | 18 | $ 1,691,000 | $ 93,944 | $ 72,000 |
| Calhoun, Arkansas | 15 | $ 1,010,000 | $ 67,333 | $ 65,000 |
| Garland, Arkansas | 15 | $ 1,531,000 | $ 102,066 | $ 47,000 |
| Pulaski, Arkansas | 10 | $ 1,078,000 | $ 107,800 | $ 65,000 |
| Nevada, Arkansas | 8 | $ 626,000 | $ 78,250 | $ 60,000 |
| Grant, Arkansas | 6 | $ 311,000 | $ 51,833 | $ 76,000 |
| Dallas, Arkansas | 5 | $ 214,000 | $ 42,800 | $ 65,000 |
| Clark, Arkansas | 3 | $ 299,000 | $ 99,666 | $ 78,000 |
| Hempstead, Arkansas | 3 | $ 328,000 | $ 109,333 | $ 139,000 |
| Howard, Arkansas | 3 | $ 359,000 | $ 119,666 | $ 48,000 |
| Lonoke, Arkansas | 3 | $ 359,000 | $ 119,666 | $ 19,000 |
| Washington, Arkansas | 3 | $ 735,000 | $ 245,000 | $ 193,000 |
| Faulkner, Arkansas | 2 | $ 318,000 | $ 159,000 | $ 54,000 |
| Little River, Arkansas | 2 | $ 195,000 | $ 97,500 | $ 121,000 |
| Sebastian, Arkansas | 2 | $ 655,000 | $ 327,500 | $ 103,000 |
| Sevier, Arkansas | 2 | $ 381,000 | $ 190,500 | $ 96,000 |
| Bossier, Louisiana | 2 | $ 314,000 | $ 157,000 | $ 78,000 |
| Shelby, Tennessee | 2 | $ 438,000 | $ 219,000 | $ 371,000 |
| Collin, Texas | 2 | $ 200,000 | $ 100,000 | $ 0 |
| Arkansas, Arkansas | 1 | $ 30,000 | $ 30,000 | $ 110,000 |
| Baxter, Arkansas | 1 | $ 164,000 | $ 164,000 | $ 336,000 |
| Benton, Arkansas | 1 | $ 10,000 | $ 10,000 | $ 40,000 |
| Bradley, Arkansas | 1 | $ 41,000 | $ 41,000 | $ 66,000 |
| Drew, Arkansas | 1 | $ 84,000 | $ 84,000 | $ 56,000 |
| Lawrence, Arkansas | 1 | $ 75,000 | $ 75,000 | $ 106,000 |
| Mississippi, Arkansas | 1 | $ 50,000 | $ 50,000 | $ 37,000 |
| Montgomery, Arkansas | 1 | $ 125,000 | $ 125,000 | $ 72,000 |
| Pike, Arkansas | 1 | $ 78,000 | $ 78,000 | $ 29,000 |
| East Baton Rouge, Louisiana | 1 | $ 154,000 | $ 154,000 | $ 138,000 |
| Ouachita, Louisiana | 1 | $ 136,000 | $ 136,000 | $ 75,000 |
| Knox, Maine | 1 | $ 464,000 | $ 464,000 | $ 170,000 |
| Cumberland, North Carolina | 1 | $ 7,000 | $ 7,000 | $ 60,000 |
| Cass, Texas | 1 | $ 125,000 | $ 125,000 | $ 55,000 |
| Harris, Texas | 1 | $ 306,000 | $ 306,000 | $ 308,000 |
| Jefferson, Texas | 1 | $ 52,000 | $ 52,000 | $ 26,000 |
| Smith, Texas | 1 | $ 167,000 | $ 167,000 | $ 38,000 |
| Tarrant, Texas | 1 | $ 128,000 | $ 128,000 | $ 159,000 |
Mortgage Loan Application Detail Totals for Farmers Bank & Trust in 2014
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 | 528 | $67,162,000 | $127,000 | $1,826,000 | $69,000 | $595,000 |
| Home Improvement | 238 | $10,695,000 | $44,000 | $561,000 | $58,000 | $394,000 |
| Refinancing | 160 | $21,767,000 | $136,000 | $1,242,000 | $81,000 | $478,000 |
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 | 715 | $82,472,000 | $115,000 | $1,242,000 | $77,000 | $595,000 |
| Black or African American | 144 | $8,022,000 | $55,000 | $413,000 | $41,000 | $150,000 |
| Not applicable | 40 | $6,432,000 | $160,000 | $1,826,000 | $0 | $0 |
| Hispanic | 21 | $1,503,000 | $71,000 | $354,000 | $55,000 | $163,000 |
| Asian | 5 | $1,104,000 | $220,000 | $417,000 | $207,000 | $478,000 |
| American Indian or Alaskan Native | 1 | $91,000 | $91,000 | $91,000 | $54,000 | $54,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Provided | 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) | 862 | $91,212,000 | $105,000 | $1,826,000 | $69,000 | $595,000 |
| FHA-insured (Federal Housing Administration) | 37 | $4,996,000 | $135,000 | $254,000 | $58,000 | $112,000 |
| VA-guaranteed (Veterans Administration) | 15 | $2,365,000 | $157,000 | $417,000 | $81,000 | $398,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 12 | $1,051,000 | $87,000 | $189,000 | $47,000 | $93,000 |
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 | 727 | $83,286,000 | $114,000 | $1,826,000 | $73,000 | $595,000 |
| Application Denied By Financial Institution | 119 | $7,303,000 | $61,000 | $250,000 | $42,000 | $133,000 |
| Application Approved But Not Accepted | 69 | $7,501,000 | $108,000 | $417,000 | $63,000 | $243,000 |
| Application Withdrawn By Applicant | 11 | $1,534,000 | $139,000 | $413,000 | $78,000 | $261,000 |
| 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 2014 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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