Farmers Bank & Trust Mortgage Lending & HMDA Data, 2018
In 2018, Farmers Bank & Trust of Magnolia, AR reported 746 mortgage applications totaling $109.2 million, down 21% from 2017. The average application was for $146,327, and applicants reported an average income of $113,727. 89% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Texarkana, TX-AR (249), Little Rock-North Little Rock-Conway, AR (55) and Hot Springs, AR (17) (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 | 746 |
| Total Mortgage Loan Application Amount | $109,160,000 |
| Average Mortgage Loan Application Amount | $146,327 |
| Highest Mortgage Loan Application Amount | $4,235,000 |
| Average Applicant Income | $113,727 |
| Highest Applicant Income | $2,045,000 |
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Act (HMDA) records Farmers Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Bowie, Texas | 171 | $ 24,675,000 | $ 144,298 | $ 128,000 |
| Columbia, Arkansas | 157 | $ 20,365,000 | $ 129,713 | $ 112,000 |
| Miller, Arkansas | 74 | $ 13,400,000 | $ 181,081 | $ 136,000 |
| Ouachita, Arkansas | 70 | $ 6,350,000 | $ 90,714 | $ 77,000 |
| Hempstead, Arkansas | 49 | $ 4,215,000 | $ 86,020 | $ 78,000 |
| Saline, Arkansas | 40 | $ 6,330,000 | $ 158,250 | $ 103,000 |
| Hot Spring, Arkansas | 25 | $ 1,835,000 | $ 73,400 | $ 68,000 |
| Union, Arkansas | 19 | $ 1,975,000 | $ 103,947 | $ 78,000 |
| Garland, Arkansas | 17 | $ 4,575,000 | $ 269,117 | $ 180,000 |
| Webster, Louisiana | 13 | $ 1,975,000 | $ 151,923 | $ 76,000 |
| Pulaski, Arkansas | 9 | $ 1,665,000 | $ 185,000 | $ 56,000 |
| Lafayette, Arkansas | 8 | $ 500,000 | $ 62,500 | $ 83,000 |
| Pike, Arkansas | 8 | $ 1,210,000 | $ 151,250 | $ 311,000 |
| Cass, Texas | 8 | $ 1,360,000 | $ 170,000 | $ 120,000 |
| Howard, Arkansas | 6 | $ 720,000 | $ 120,000 | $ 55,000 |
| Nevada, Arkansas | 6 | $ 260,000 | $ 43,333 | $ 64,000 |
| Benton, Arkansas | 4 | $ 730,000 | $ 182,500 | $ 132,000 |
| Calhoun, Arkansas | 4 | $ 420,000 | $ 105,000 | $ 100,000 |
| Clark, Arkansas | 4 | $ 230,000 | $ 57,500 | $ 87,000 |
| Dallas, Arkansas | 4 | $ 350,000 | $ 87,500 | $ 96,000 |
| Little River, Arkansas | 4 | $ 580,000 | $ 145,000 | $ 119,000 |
| Lonoke, Arkansas | 4 | $ 1,340,000 | $ 335,000 | $ 97,000 |
| Collin, Texas | 4 | $ 900,000 | $ 225,000 | $ 92,000 |
| Red River, Texas | 4 | $ 720,000 | $ 180,000 | $ 80,000 |
| Coffee, Tennessee | 3 | $ 495,000 | $ 165,000 | $ 69,000 |
| Montgomery, Arkansas | 2 | $ 510,000 | $ 255,000 | $ 503,000 |
| Bossier, Louisiana | 2 | $ 550,000 | $ 275,000 | $ 195,000 |
| Bryan, Oklahoma | 2 | $ 4,250,000 | $ 2,125,000 | $ 104,000 |
| Johnson, Texas | 2 | $ 460,000 | $ 230,000 | $ 136,000 |
| Baldwin, Alabama | 1 | $ 565,000 | $ 565,000 | $ 0 |
| Crawford, Arkansas | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Drew, Arkansas | 1 | $ 155,000 | $ 155,000 | $ 258,000 |
| Faulkner, Arkansas | 1 | $ 125,000 | $ 125,000 | $ 49,000 |
| Grant, Arkansas | 1 | $ 205,000 | $ 205,000 | $ 28,000 |
| Greene, Arkansas | 1 | $ 225,000 | $ 225,000 | $ 65,000 |
| Lawrence, Arkansas | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Washington, Arkansas | 1 | $ 475,000 | $ 475,000 | $ 240,000 |
| Marion, Florida | 1 | $ 525,000 | $ 525,000 | $ 200,000 |
| Caddo, Louisiana | 1 | $ 35,000 | $ 35,000 | $ 65,000 |
| Claiborne, Louisiana | 1 | $ 25,000 | $ 25,000 | $ 134,000 |
| Orleans, Louisiana | 1 | $ 495,000 | $ 495,000 | $ 0 |
| Ouachita, Louisiana | 1 | $ 55,000 | $ 55,000 | $ 0 |
| DeSoto, Mississippi | 1 | $ 225,000 | $ 225,000 | $ 78,000 |
| McDonald, Missouri | 1 | $ 185,000 | $ 185,000 | $ 203,000 |
| McCurtain, Oklahoma | 1 | $ 105,000 | $ 105,000 | $ 30,000 |
| Tulsa, Oklahoma | 1 | $ 245,000 | $ 245,000 | $ 104,000 |
| Dallas, Texas | 1 | $ 285,000 | $ 285,000 | $ 133,000 |
| Fannin, Texas | 1 | $ 215,000 | $ 215,000 | $ 173,000 |
| Grayson, Texas | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Tarrant, Texas | 1 | $ 105,000 | $ 105,000 | $ 787,000 |
| Travis, Texas | 1 | $ 1,005,000 | $ 1,005,000 | $ 640,000 |
| Wood, Texas | 1 | $ 225,000 | $ 225,000 | $ 126,000 |
Mortgage Loan Application Detail Totals for Farmers Bank & Trust in 2018
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 | 475 | $68,035,000 | $143,000 | $1,405,000 | $112,000 | $2,045,000 |
| Refinancing | 170 | $32,100,000 | $188,000 | $4,235,000 | $114,000 | $956,000 |
| Home Improvement | 52 | $2,830,000 | $54,000 | $255,000 | $131,000 | $850,000 |
| Other Purpose | 25 | $2,625,000 | $105,000 | $1,005,000 | $121,000 | $640,000 |
| Cash-out Refinancing | 24 | $3,570,000 | $148,000 | $305,000 | $101,000 | $542,000 |
| 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 | 543 | $83,015,000 | $152,000 | $1,405,000 | $121,000 | $2,045,000 |
| Not applicable | 98 | $17,050,000 | $173,000 | $4,235,000 | $0 | $0 |
| Black or African American | 58 | $4,560,000 | $78,000 | $425,000 | $77,000 | $511,000 |
| Hispanic | 28 | $2,260,000 | $80,000 | $245,000 | $64,000 | $129,000 |
| Not Provided | 11 | $755,000 | $68,000 | $175,000 | $68,000 | $133,000 |
| Asian | 5 | $865,000 | $173,000 | $255,000 | $116,000 | $220,000 |
| American Indian or Alaskan Native | 2 | $450,000 | $225,000 | $305,000 | $74,000 | $102,000 |
| Native Hawaiian 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) | 627 | $91,545,000 | $146,000 | $4,235,000 | $124,000 | $2,045,000 |
| FHA-insured (Federal Housing Administration) | 71 | $10,535,000 | $148,000 | $285,000 | $76,000 | $174,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 26 | $2,930,000 | $112,000 | $325,000 | $49,000 | $86,000 |
| VA-guaranteed (Veterans Administration) | 22 | $4,150,000 | $188,000 | $425,000 | $74,000 | $167,000 |
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 | 663 | $100,035,000 | $150,000 | $4,235,000 | $118,000 | $2,045,000 |
| Application Approved But Not Accepted | 44 | $6,710,000 | $152,000 | $385,000 | $117,000 | $542,000 |
| Application Denied By Financial Institution | 32 | $1,940,000 | $60,000 | $275,000 | $48,000 | $135,000 |
| Application Withdrawn By Applicant | 7 | $475,000 | $67,000 | $155,000 | $59,000 | $90,000 |
| 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 | 714 | $107,220,000 | $150,000 | $4,235,000 | $117,000 | $2,045,000 |
| Credit History | 22 | $1,150,000 | $52,000 | $255,000 | $47,000 | $135,000 |
| Debt-To-Income Ratio | 9 | $765,000 | $85,000 | $275,000 | $49,000 | $110,000 |
| Collateral | 1 | $25,000 | $25,000 | $25,000 | $40,000 | $40,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Farmers Bank & Trust's 2018 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