Farmers Bank & Trust Mortgage Lending & HMDA Data, 2016
In 2016, Farmers Bank & Trust of Magnolia, AR reported 938 mortgage applications totaling $100.4 million, down 20% from 2015. The average application was for $107,005, and applicants reported an average income of $76,452. 81% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Texarkana, TX-AR (222), Little Rock-North Little Rock-Conway, AR (46) and Shreveport-Bossier City, LA (22) (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 | 938 |
| Total Mortgage Loan Application Amount | $100,371,000 |
| Average Mortgage Loan Application Amount | $107,005 |
| Highest Mortgage Loan Application Amount | $1,378,000 |
| Average Applicant Income | $76,452 |
| Highest Applicant Income | $855,000 |
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Act (HMDA) records Farmers Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 | 255 | $ 26,867,000 | $ 105,360 | $ 74,000 |
| Bowie, Texas | 147 | $ 18,903,000 | $ 128,591 | $ 84,000 |
| Ouachita, Arkansas | 101 | $ 6,723,000 | $ 66,564 | $ 64,000 |
| Hempstead, Arkansas | 97 | $ 4,710,000 | $ 48,556 | $ 59,000 |
| Miller, Arkansas | 71 | $ 10,006,000 | $ 140,929 | $ 88,000 |
| Hot Spring, Arkansas | 38 | $ 2,686,000 | $ 70,684 | $ 66,000 |
| Lafayette, Arkansas | 32 | $ 3,694,000 | $ 115,437 | $ 77,000 |
| Saline, Arkansas | 26 | $ 3,753,000 | $ 144,346 | $ 81,000 |
| Union, Arkansas | 20 | $ 2,045,000 | $ 102,250 | $ 83,000 |
| Nevada, Arkansas | 16 | $ 363,000 | $ 22,687 | $ 42,000 |
| Webster, Louisiana | 16 | $ 2,080,000 | $ 130,000 | $ 71,000 |
| Garland, Arkansas | 15 | $ 2,084,000 | $ 138,933 | $ 69,000 |
| Pulaski, Arkansas | 14 | $ 1,678,000 | $ 119,857 | $ 72,000 |
| Calhoun, Arkansas | 11 | $ 701,000 | $ 63,727 | $ 67,000 |
| Benton, Arkansas | 5 | $ 937,000 | $ 187,400 | $ 71,000 |
| Cass, Texas | 5 | $ 720,000 | $ 144,000 | $ 68,000 |
| Dallas, Arkansas | 4 | $ 315,000 | $ 78,750 | $ 109,000 |
| Howard, Arkansas | 4 | $ 519,000 | $ 129,750 | $ 72,000 |
| Little River, Arkansas | 4 | $ 759,000 | $ 189,750 | $ 72,000 |
| Washington, Arkansas | 4 | $ 660,000 | $ 165,000 | $ 393,000 |
| Bossier, Louisiana | 4 | $ 545,000 | $ 136,250 | $ 69,000 |
| Collin, Texas | 4 | $ 1,585,000 | $ 396,250 | $ 145,000 |
| Clark, Arkansas | 3 | $ 97,000 | $ 32,333 | $ 44,000 |
| Faulkner, Arkansas | 3 | $ 371,000 | $ 123,666 | $ 120,000 |
| Pike, Arkansas | 3 | $ 510,000 | $ 170,000 | $ 146,000 |
| Lonoke, Arkansas | 2 | $ 458,000 | $ 229,000 | $ 63,000 |
| Sebastian, Arkansas | 2 | $ 713,000 | $ 356,500 | $ 64,000 |
| Sevier, Arkansas | 2 | $ 29,000 | $ 14,500 | $ 28,000 |
| Caddo, Louisiana | 2 | $ 330,000 | $ 165,000 | $ 141,000 |
| Marshall, Oklahoma | 2 | $ 234,000 | $ 117,000 | $ 116,000 |
| Dallas, Texas | 2 | $ 531,000 | $ 265,500 | $ 132,000 |
| Tarrant, Texas | 2 | $ 336,000 | $ 168,000 | $ 89,000 |
| Baldwin, Alabama | 1 | $ 1,095,000 | $ 1,095,000 | $ 310,000 |
| Jefferson, Alabama | 1 | $ 150,000 | $ 150,000 | $ 45,000 |
| Maricopa, Arizona | 1 | $ 168,000 | $ 168,000 | $ 52,000 |
| Ashley, Arkansas | 1 | $ 2,000 | $ 2,000 | $ 26,000 |
| Baxter, Arkansas | 1 | $ 98,000 | $ 98,000 | $ 230,000 |
| Cleveland, Arkansas | 1 | $ 134,000 | $ 134,000 | $ 54,000 |
| Grant, Arkansas | 1 | $ 67,000 | $ 67,000 | $ 89,000 |
| Lawrence, Arkansas | 1 | $ 151,000 | $ 151,000 | $ 0 |
| Van Buren, Arkansas | 1 | $ 90,000 | $ 90,000 | $ 94,000 |
| El Paso, Colorado | 1 | $ 146,000 | $ 146,000 | $ 67,000 |
| Claiborne, Louisiana | 1 | $ 23,000 | $ 23,000 | $ 43,000 |
| Lincoln, Louisiana | 1 | $ 482,000 | $ 482,000 | $ 175,000 |
| Ouachita, Louisiana | 1 | $ 102,000 | $ 102,000 | $ 175,000 |
| McDonald, Missouri | 1 | $ 5,000 | $ 5,000 | $ 58,000 |
| Bryan, Oklahoma | 1 | $ 222,000 | $ 222,000 | $ 110,000 |
| Galveston, Texas | 1 | $ 169,000 | $ 169,000 | $ 0 |
| Gregg, Texas | 1 | $ 209,000 | $ 209,000 | $ 73,000 |
| Guadalupe, Texas | 1 | $ 254,000 | $ 254,000 | $ 196,000 |
| Lamar, Texas | 1 | $ 239,000 | $ 239,000 | $ 163,000 |
| Montgomery, Texas | 1 | $ 228,000 | $ 228,000 | $ 175,000 |
| Rockwall, Texas | 1 | $ 190,000 | $ 190,000 | $ 69,000 |
| Webb, Texas | 1 | $ 205,000 | $ 205,000 | $ 96,000 |
Mortgage Loan Application Detail Totals for Farmers Bank & Trust in 2016
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 | 502 | $63,842,000 | $127,000 | $1,378,000 | $81,000 | $855,000 |
| Home Improvement | 273 | $9,139,000 | $33,000 | $348,000 | $60,000 | $410,000 |
| Refinancing | 163 | $27,390,000 | $168,000 | $640,000 | $90,000 | $416,000 |
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 | 713 | $86,533,000 | $121,000 | $1,378,000 | $87,000 | $855,000 |
| Black or African American | 134 | $6,481,000 | $48,000 | $356,000 | $54,000 | $191,000 |
| Not applicable | 48 | $4,642,000 | $96,000 | $640,000 | $0 | $0 |
| Hispanic | 37 | $2,212,000 | $59,000 | $206,000 | $52,000 | $142,000 |
| Asian | 4 | $469,000 | $117,000 | $205,000 | $54,000 | $96,000 |
| American Indian or Alaskan Native | 1 | $31,000 | $31,000 | $31,000 | $82,000 | $82,000 |
| Not Provided | 1 | $3,000 | $3,000 | $3,000 | $51,000 | $51,000 |
| Native Hawaiin or Other Pacific Islander | 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) | 852 | $89,320,000 | $104,000 | $1,378,000 | $78,000 | $855,000 |
| FHA-insured (Federal Housing Administration) | 56 | $7,505,000 | $134,000 | $237,000 | $64,000 | $184,000 |
| VA-guaranteed (Veterans Administration) | 19 | $2,390,000 | $125,000 | $196,000 | $65,000 | $144,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 11 | $1,156,000 | $105,000 | $241,000 | $37,000 | $54,000 |
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 | 762 | $84,285,000 | $110,000 | $1,378,000 | $80,000 | $855,000 |
| Application Denied By Financial Institution | 96 | $4,551,000 | $47,000 | $300,000 | $41,000 | $156,000 |
| Application Approved But Not Accepted | 68 | $10,405,000 | $153,000 | $600,000 | $84,000 | $379,000 |
| Application Withdrawn By Applicant | 12 | $1,130,000 | $94,000 | $328,000 | $84,000 | $156,000 |
| 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 2016 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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About