The Farmers & Merchants Bank Mortgage Lending & HMDA Data, 2025
In 2025, The Farmers & Merchants Bank of Stuttgart, AR reported 465 mortgage applications totaling $93.4 million, up 1% from 2024. The average application was for $200,827, and applicants reported an average income of $111,189. 71% of its applications resulted in an originated loan and 13% were denied. Its largest markets were Fayetteville-Springdale-Rogers, AR-MO (86), Jonesboro, AR (40) and Little Rock-North Little Rock-Conway, AR (32) (applications in parentheses).
| Mortgage Company & Address | The Farmers & Merchants Bank 708 S Main St Stuttgart, AR 72160 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 | 465 |
| Total Mortgage Loan Application Amount | $93,385,000 |
| Average Mortgage Loan Application Amount | $200,827 |
| Highest Mortgage Loan Application Amount | $5,005,000 |
| Average Applicant Income | $111,189 |
| Highest Applicant Income | $1,035,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records The Farmers & Merchants Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Outside any metro area | 305 | $ 40,505,000 | $ 132,803 | $ 95,465 |
| Fayetteville-Springdale-Rogers, AR-MO | 86 | $ 37,070,000 | $ 431,046 | $ 161,000 |
| Jonesboro, AR | 40 | $ 7,980,000 | $ 199,500 | $ 186,000 |
| Little Rock-North Little Rock-Conway, AR | 32 | $ 4,040,000 | $ 126,250 | $ 85,000 |
| Crestview-Fort Walton Beach-Destin, FL | 1 | $ 3,585,000 | $ 3,585,000 | $ 0 |
| Fort Smith, AR-OK | 1 | $ 205,000 | $ 205,000 | $ 70,000 |
Mortgage Loan Application Detail Totals for The Farmers & Merchants Bank in 2025
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 | 232 | $55,050,000 | $237,000 | $5,005,000 | $119,000 | $1,022,000 |
| Refinancing | 168 | $34,770,000 | $206,000 | $3,585,000 | $112,000 | $1,035,000 |
| Other Purpose | 33 | $2,215,000 | $67,000 | $325,000 | $63,000 | $162,000 |
| Home Improvement | 32 | $1,350,000 | $42,000 | $155,000 | $100,000 | $218,000 |
| Cash-out Refinancing | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 337 | $48,345,000 | $143,000 | $1,125,000 | $111,000 | $1,035,000 |
| Not applicable | 69 | $29,005,000 | $420,000 | $5,005,000 | $0 | $0 |
| Not Provided | 23 | $8,535,000 | $371,000 | $3,585,000 | $124,000 | $400,000 |
| Hispanic | 16 | $3,700,000 | $231,000 | $1,015,000 | $69,000 | $204,000 |
| Black or African American | 11 | $875,000 | $79,000 | $215,000 | $63,000 | $183,000 |
| Asian | 6 | $2,590,000 | $431,000 | $1,085,000 | $285,000 | $693,000 |
| American Indian or Alaskan Native | 2 | $310,000 | $155,000 | $275,000 | $61,000 | $111,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $25,000 | $25,000 | $25,000 | $49,000 | $49,000 |
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) | 465 | $93,385,000 | $200,000 | $5,005,000 | $110,000 | $1,035,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 329 | $68,615,000 | $208,000 | $5,005,000 | $119,000 | $1,022,000 |
| Application Denied By Financial Institution | 62 | $8,700,000 | $140,000 | $1,415,000 | $61,000 | $325,000 |
| Application Withdrawn By Applicant | 49 | $12,485,000 | $254,000 | $3,585,000 | $134,000 | $1,035,000 |
| Application Approved But Not Accepted | 25 | $3,585,000 | $143,000 | $525,000 | $97,000 | $232,000 |
| 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 | 403 | $84,685,000 | $210,000 | $5,005,000 | $119,000 | $1,035,000 |
| Debt-To-Income Ratio | 27 | $4,195,000 | $155,000 | $615,000 | $57,000 | $162,000 |
| Credit History | 25 | $2,795,000 | $111,000 | $1,415,000 | $69,000 | $325,000 |
| Collateral | 6 | $1,470,000 | $245,000 | $1,085,000 | $72,000 | $143,000 |
| Unverifiable Information | 3 | $205,000 | $68,000 | $105,000 | $33,000 | $49,000 |
| Employment History | 1 | $35,000 | $35,000 | $35,000 | $11,000 | $11,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into The Farmers & Merchants Bank's 2025 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 The Farmers & Merchants Bank'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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