Farmers Bank & Trust Mortgage Lending & HMDA Data, 2021
In 2021, Farmers Bank & Trust of Magnolia, AR reported 915 mortgage applications totaling $198.2 million, up 12% from 2020. The average application was for $216,606, and applicants reported an average income of $128,392. 90% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Texarkana, TX-AR (261), Little Rock-North Little Rock-Conway, AR (42) and Dallas-Plano-Irving, TX (32) (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 | 915 |
| Total Mortgage Loan Application Amount | $198,195,000 |
| Average Mortgage Loan Application Amount | $216,606 |
| Highest Mortgage Loan Application Amount | $4,145,000 |
| Average Applicant Income | $128,392 |
| Highest Applicant Income | $1,101,000 |
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Act (HMDA) records Farmers Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 | 191 | $ 37,785,000 | $ 197,827 | $ 143,000 |
| Lamar, Texas | 137 | $ 28,855,000 | $ 210,620 | $ 139,000 |
| Columbia, Arkansas | 130 | $ 24,220,000 | $ 186,307 | $ 98,000 |
| Miller, Arkansas | 63 | $ 10,625,000 | $ 168,650 | $ 172,000 |
| Hempstead, Arkansas | 48 | $ 5,150,000 | $ 107,291 | $ 95,000 |
| Nevada, Arkansas | 44 | $ 3,410,000 | $ 77,500 | $ 63,000 |
| Ouachita, Arkansas | 36 | $ 9,370,000 | $ 260,277 | $ 96,000 |
| Saline, Arkansas | 31 | $ 8,595,000 | $ 277,258 | $ 106,000 |
| Garland, Arkansas | 30 | $ 11,170,000 | $ 372,333 | $ 178,000 |
| Hot Spring, Arkansas | 20 | $ 2,430,000 | $ 121,500 | $ 67,000 |
| Collin, Texas | 18 | $ 7,390,000 | $ 410,555 | $ 230,000 |
| Union, Arkansas | 15 | $ 5,445,000 | $ 363,000 | $ 110,000 |
| Lafayette, Arkansas | 14 | $ 2,070,000 | $ 147,857 | $ 99,000 |
| Pike, Arkansas | 11 | $ 1,265,000 | $ 115,000 | $ 156,000 |
| Pulaski, Arkansas | 10 | $ 2,800,000 | $ 280,000 | $ 182,000 |
| Denton, Texas | 10 | $ 3,410,000 | $ 341,000 | $ 101,000 |
| Cass, Texas | 9 | $ 2,125,000 | $ 236,111 | $ 113,000 |
| Little River, Arkansas | 7 | $ 1,385,000 | $ 197,857 | $ 93,000 |
| Washington, Arkansas | 5 | $ 1,435,000 | $ 287,000 | $ 73,000 |
| Webster, Louisiana | 5 | $ 675,000 | $ 135,000 | $ 64,000 |
| Red River, Texas | 5 | $ 1,065,000 | $ 213,000 | $ 112,000 |
| Titus, Texas | 5 | $ 1,025,000 | $ 205,000 | $ 85,000 |
| Grayson, Texas | 4 | $ 1,750,000 | $ 437,500 | $ 311,000 |
| Calhoun, Arkansas | 3 | $ 555,000 | $ 185,000 | $ 108,000 |
| Clark, Arkansas | 3 | $ 285,000 | $ 95,000 | $ 85,000 |
| Montgomery, Arkansas | 3 | $ 695,000 | $ 231,666 | $ 274,000 |
| Orleans, Louisiana | 3 | $ 1,675,000 | $ 558,333 | $ 390,000 |
| Dallas, Texas | 3 | $ 1,035,000 | $ 345,000 | $ 115,000 |
| Baldwin, Alabama | 2 | $ 2,750,000 | $ 1,375,000 | $ 0 |
| Craighead, Arkansas | 2 | $ 340,000 | $ 170,000 | $ 240,000 |
| Caddo, Louisiana | 2 | $ 990,000 | $ 495,000 | $ 232,000 |
| McCurtain, Oklahoma | 2 | $ 960,000 | $ 480,000 | $ 598,000 |
| Fannin, Texas | 2 | $ 210,000 | $ 105,000 | $ 40,000 |
| San Patricio, Texas | 2 | $ 310,000 | $ 155,000 | $ 0 |
| Tarrant, Texas | 2 | $ 320,000 | $ 160,000 | $ 55,000 |
| Benton, Arkansas | 1 | $ 285,000 | $ 285,000 | $ 137,000 |
| Bradley, Arkansas | 1 | $ 65,000 | $ 65,000 | $ 73,000 |
| Grant, Arkansas | 1 | $ 115,000 | $ 115,000 | $ 65,000 |
| Howard, Arkansas | 1 | $ 35,000 | $ 35,000 | $ 0 |
| Lawrence, Arkansas | 1 | $ 1,585,000 | $ 1,585,000 | $ 0 |
| Sebastian, Arkansas | 1 | $ 185,000 | $ 185,000 | $ 110,000 |
| Sharp, Arkansas | 1 | $ 85,000 | $ 85,000 | $ 397,000 |
| Sonoma, California | 1 | $ 705,000 | $ 705,000 | $ 0 |
| Escambia, Florida | 1 | $ 485,000 | $ 485,000 | $ 441,000 |
| Manatee, Florida | 1 | $ 485,000 | $ 485,000 | $ 171,000 |
| Marion, Florida | 1 | $ 545,000 | $ 545,000 | $ 296,000 |
| DeKalb, Georgia | 1 | $ 355,000 | $ 355,000 | $ 318,000 |
| Bossier, Louisiana | 1 | $ 125,000 | $ 125,000 | $ 36,000 |
| Claiborne, Louisiana | 1 | $ 65,000 | $ 65,000 | $ 62,000 |
| Evangeline, Louisiana | 1 | $ 315,000 | $ 315,000 | $ 230,000 |
| Lafayette, Louisiana | 1 | $ 545,000 | $ 545,000 | $ 173,000 |
| Lincoln, Louisiana | 1 | $ 135,000 | $ 135,000 | $ 128,000 |
| Richland, Louisiana | 1 | $ 55,000 | $ 55,000 | $ 61,000 |
| Camden, Missouri | 1 | $ 165,000 | $ 165,000 | $ 0 |
| Marshall, Oklahoma | 1 | $ 135,000 | $ 135,000 | $ 140,000 |
| Oklahoma, Oklahoma | 1 | $ 165,000 | $ 165,000 | $ 89,000 |
| Shelby, Tennessee | 1 | $ 505,000 | $ 505,000 | $ 161,000 |
| Bastrop, Texas | 1 | $ 635,000 | $ 635,000 | $ 0 |
| Coleman, Texas | 1 | $ 325,000 | $ 325,000 | $ 212,000 |
| Cooke, Texas | 1 | $ 275,000 | $ 275,000 | $ 409,000 |
| Ellis, Texas | 1 | $ 545,000 | $ 545,000 | $ 130,000 |
| Gregg, Texas | 1 | $ 195,000 | $ 195,000 | $ 127,000 |
| Harris, Texas | 1 | $ 305,000 | $ 305,000 | $ 165,000 |
| Harrison, Texas | 1 | $ 355,000 | $ 355,000 | $ 98,000 |
| Hood, Texas | 1 | $ 2,325,000 | $ 2,325,000 | $ 0 |
| Johnson, Texas | 1 | $ 265,000 | $ 265,000 | $ 96,000 |
| Kerr, Texas | 1 | $ 145,000 | $ 145,000 | $ 80,000 |
| Lampasas, Texas | 1 | $ 85,000 | $ 85,000 | $ 72,000 |
| Morris, Texas | 1 | $ 165,000 | $ 165,000 | $ 81,000 |
| Rusk, Texas | 1 | $ 525,000 | $ 525,000 | $ 246,000 |
| Travis, Texas | 1 | $ 585,000 | $ 585,000 | $ 0 |
| Wood, Texas | 1 | $ 415,000 | $ 415,000 | $ 187,000 |
| Spokane, Washington | 1 | $ 335,000 | $ 335,000 | $ 54,000 |
Mortgage Loan Application Detail Totals for Farmers Bank & Trust in 2021
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 | 508 | $107,680,000 | $211,000 | $4,145,000 | $116,000 | $1,101,000 |
| Refinancing | 282 | $65,490,000 | $232,000 | $2,325,000 | $143,000 | $756,000 |
| Cash-out Refinancing | 76 | $19,150,000 | $251,000 | $615,000 | $150,000 | $780,000 |
| Home Improvement | 40 | $4,130,000 | $103,000 | $785,000 | $129,000 | $397,000 |
| Other Purpose | 9 | $1,745,000 | $193,000 | $545,000 | $185,000 | $465,000 |
| 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 | 672 | $142,730,000 | $212,000 | $985,000 | $136,000 | $1,101,000 |
| Not applicable | 125 | $38,815,000 | $310,000 | $4,145,000 | $0 | $0 |
| Black or African American | 58 | $7,020,000 | $121,000 | $355,000 | $86,000 | $327,000 |
| Hispanic | 33 | $3,685,000 | $111,000 | $345,000 | $75,000 | $202,000 |
| Not Provided | 19 | $3,915,000 | $206,000 | $405,000 | $103,000 | $229,000 |
| Asian | 6 | $1,440,000 | $240,000 | $485,000 | $201,000 | $495,000 |
| American Indian or Alaskan Native | 2 | $590,000 | $295,000 | $305,000 | $95,000 | $121,000 |
| 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) | 848 | $186,640,000 | $220,000 | $4,145,000 | $135,000 | $1,101,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 32 | $4,570,000 | $142,000 | $285,000 | $51,000 | $87,000 |
| FHA-insured (Federal Housing Administration) | 27 | $5,215,000 | $193,000 | $335,000 | $65,000 | $104,000 |
| VA-guaranteed (Veterans Administration) | 8 | $1,770,000 | $221,000 | $295,000 | $116,000 | $240,000 |
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 | 823 | $183,765,000 | $223,000 | $4,145,000 | $128,000 | $990,000 |
| Application Approved But Not Accepted | 39 | $7,315,000 | $187,000 | $545,000 | $219,000 | $1,101,000 |
| Application Denied By Financial Institution | 39 | $4,625,000 | $118,000 | $405,000 | $54,000 | $133,000 |
| Application Withdrawn By Applicant | 14 | $2,490,000 | $177,000 | $495,000 | $155,000 | $327,000 |
| 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 | 876 | $193,570,000 | $220,000 | $4,145,000 | $133,000 | $1,101,000 |
| Credit History | 26 | $2,720,000 | $104,000 | $405,000 | $57,000 | $133,000 |
| Debt-To-Income Ratio | 13 | $1,905,000 | $146,000 | $405,000 | $49,000 | $120,000 |
| 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 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Farmers Bank & Trust's 2021 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