Farmers Bank & Trust Mortgage Lending & HMDA Data, 2015
In 2015, Farmers Bank & Trust of Magnolia, AR reported 1,170 mortgage applications totaling $122.9 million, up 26% from 2014. The average application was for $105,045, and applicants reported an average income of $68,863. 83% of its applications resulted in an originated loan and 11% were denied. Its largest markets were Texarkana, TX-AR (299), Little Rock-North Little Rock-Conway, AR (41) and Shreveport-Bossier City, LA (20) (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 | 1,170 |
| Total Mortgage Loan Application Amount | $122,903,000 |
| Average Mortgage Loan Application Amount | $105,045 |
| Highest Mortgage Loan Application Amount | $4,760,000 |
| Average Applicant Income | $68,863 |
| Highest Applicant Income | $600,000 |
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Act (HMDA) records Farmers Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 | 303 | $ 30,202,000 | $ 99,676 | $ 68,000 |
| Bowie, Texas | 197 | $ 28,768,000 | $ 146,030 | $ 78,000 |
| Ouachita, Arkansas | 155 | $ 12,787,000 | $ 82,496 | $ 55,000 |
| Hempstead, Arkansas | 123 | $ 6,874,000 | $ 55,886 | $ 65,000 |
| Miller, Arkansas | 93 | $ 10,862,000 | $ 116,795 | $ 74,000 |
| Hot Spring, Arkansas | 44 | $ 2,752,000 | $ 62,545 | $ 48,000 |
| Lafayette, Arkansas | 36 | $ 2,550,000 | $ 70,833 | $ 64,000 |
| Nevada, Arkansas | 27 | $ 1,290,000 | $ 47,777 | $ 52,000 |
| Saline, Arkansas | 23 | $ 3,287,000 | $ 142,913 | $ 88,000 |
| Union, Arkansas | 23 | $ 3,361,000 | $ 146,130 | $ 107,000 |
| Calhoun, Arkansas | 19 | $ 1,412,000 | $ 74,315 | $ 57,000 |
| Webster, Louisiana | 16 | $ 1,600,000 | $ 100,000 | $ 71,000 |
| Garland, Arkansas | 13 | $ 3,250,000 | $ 250,000 | $ 78,000 |
| Howard, Arkansas | 10 | $ 731,000 | $ 73,100 | $ 50,000 |
| Little River, Arkansas | 9 | $ 1,256,000 | $ 139,555 | $ 88,000 |
| Cass, Texas | 9 | $ 799,000 | $ 88,777 | $ 65,000 |
| Pulaski, Arkansas | 8 | $ 1,663,000 | $ 207,875 | $ 80,000 |
| Dallas, Arkansas | 5 | $ 143,000 | $ 28,600 | $ 37,000 |
| Grant, Arkansas | 4 | $ 543,000 | $ 135,750 | $ 73,000 |
| Pike, Arkansas | 4 | $ 92,000 | $ 23,000 | $ 46,000 |
| Bossier, Louisiana | 4 | $ 262,000 | $ 65,500 | $ 75,000 |
| Faulkner, Arkansas | 3 | $ 550,000 | $ 183,333 | $ 95,000 |
| Lonoke, Arkansas | 3 | $ 840,000 | $ 280,000 | $ 79,000 |
| Polk, Arkansas | 3 | $ 317,000 | $ 105,666 | $ 64,000 |
| Clark, Arkansas | 2 | $ 77,000 | $ 38,500 | $ 45,000 |
| Jefferson, Arkansas | 2 | $ 80,000 | $ 40,000 | $ 92,000 |
| Montgomery, Arkansas | 2 | $ 244,000 | $ 122,000 | $ 54,000 |
| Washington, Arkansas | 2 | $ 331,000 | $ 165,500 | $ 18,000 |
| Shelby, Tennessee | 2 | $ 731,000 | $ 365,500 | $ 134,000 |
| Collin, Texas | 2 | $ 829,000 | $ 414,500 | $ 0 |
| Bradley, Arkansas | 1 | $ 58,000 | $ 58,000 | $ 66,000 |
| Cleveland, Arkansas | 1 | $ 200,000 | $ 200,000 | $ 87,000 |
| Johnson, Arkansas | 1 | $ 2,000 | $ 2,000 | $ 53,000 |
| Lawrence, Arkansas | 1 | $ 42,000 | $ 42,000 | $ 0 |
| Sebastian, Arkansas | 1 | $ 148,000 | $ 148,000 | $ 85,000 |
| Sevier, Arkansas | 1 | $ 100,000 | $ 100,000 | $ 75,000 |
| White, Arkansas | 1 | $ 2,000 | $ 2,000 | $ 34,000 |
| Riverside, California | 1 | $ 238,000 | $ 238,000 | $ 454,000 |
| El Paso, Colorado | 1 | $ 20,000 | $ 20,000 | $ 40,000 |
| Palm Beach, Florida | 1 | $ 240,000 | $ 240,000 | $ 47,000 |
| Claiborne, Louisiana | 1 | $ 10,000 | $ 10,000 | $ 36,000 |
| Jackson, Louisiana | 1 | $ 66,000 | $ 66,000 | $ 94,000 |
| Lincoln, Louisiana | 1 | $ 185,000 | $ 185,000 | $ 103,000 |
| Union, Louisiana | 1 | $ 47,000 | $ 47,000 | $ 53,000 |
| Knox, Maine | 1 | $ 460,000 | $ 460,000 | $ 170,000 |
| Lafayette, Mississippi | 1 | $ 138,000 | $ 138,000 | $ 214,000 |
| Brazos, Texas | 1 | $ 1,657,000 | $ 1,657,000 | $ 0 |
| Denton, Texas | 1 | $ 168,000 | $ 168,000 | $ 48,000 |
| Hopkins, Texas | 1 | $ 60,000 | $ 60,000 | $ 89,000 |
| Morris, Texas | 1 | $ 35,000 | $ 35,000 | $ 46,000 |
| San Augustine, Texas | 1 | $ 65,000 | $ 65,000 | $ 39,000 |
| Smith, Texas | 1 | $ 140,000 | $ 140,000 | $ 360,000 |
| Titus, Texas | 1 | $ 182,000 | $ 182,000 | $ 185,000 |
| Travis, Texas | 1 | $ 157,000 | $ 157,000 | $ 54,000 |
Mortgage Loan Application Detail Totals for Farmers Bank & Trust in 2015
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 | 634 | $83,057,000 | $131,000 | $4,760,000 | $69,000 | $600,000 |
| Home Improvement | 336 | $11,453,000 | $34,000 | $446,000 | $59,000 | $403,000 |
| Refinancing | 200 | $28,393,000 | $141,000 | $1,657,000 | $85,000 | $511,000 |
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 | 857 | $93,867,000 | $109,000 | $2,600,000 | $80,000 | $600,000 |
| Black or African American | 179 | $9,302,000 | $51,000 | $527,000 | $46,000 | $212,000 |
| Not applicable | 72 | $15,885,000 | $220,000 | $4,760,000 | $0 | $0 |
| Hispanic | 43 | $2,173,000 | $50,000 | $121,000 | $54,000 | $115,000 |
| Asian | 9 | $1,040,000 | $115,000 | $240,000 | $70,000 | $207,000 |
| Not Provided | 6 | $343,000 | $57,000 | $101,000 | $81,000 | $208,000 |
| American Indian or Alaskan Native | 2 | $250,000 | $125,000 | $127,000 | $35,000 | $46,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $43,000 | $21,000 | $30,000 | $39,000 | $46,000 |
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) | 1,082 | $110,105,000 | $101,000 | $4,760,000 | $69,000 | $600,000 |
| FHA-insured (Federal Housing Administration) | 55 | $7,540,000 | $137,000 | $254,000 | $60,000 | $230,000 |
| VA-guaranteed (Veterans Administration) | 23 | $4,208,000 | $182,000 | $422,000 | $89,000 | $600,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 10 | $1,050,000 | $105,000 | $180,000 | $35,000 | $67,000 |
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 | 970 | $108,328,000 | $111,000 | $4,760,000 | $73,000 | $600,000 |
| Application Denied By Financial Institution | 128 | $6,967,000 | $54,000 | $527,000 | $39,000 | $153,000 |
| Application Approved But Not Accepted | 62 | $6,679,000 | $107,000 | $378,000 | $67,000 | $229,000 |
| Application Withdrawn By Applicant | 10 | $929,000 | $92,000 | $417,000 | $62,000 | $246,000 |
| 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 2015 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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