First American Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2003
First American Bank 2003 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | First American Bank Post Office Box 2203 Decatur, AL 35609 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2003 |
| Total Number of Mortgage Applications | 2,442 |
| Total Mortgage Loan Application Amount | $293,398,000 |
| Average Mortgage Loan Application Amount | $130,437 |
| Highest Mortgage Loan Application Amount | $1,412,000 |
| Average Applicant Income | $79,437 |
| Highest Applicant Income | $2,786,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2003 with First American Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing First American Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2003 breaks down First American Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how First American Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by First American Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at First American Bank's mortgage activity for 2003.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Madison County Alabama | 721 | $ 100,729,000 | $ 139,000 | $ 91,000 |
| Morgan County Alabama | 575 | $ 68,855,000 | $ 119,000 | $ 66,000 |
| Lee County Alabama | 445 | $ 42,182,000 | $ 94,000 | $ 52,000 |
| Limestone County Alabama | 350 | $ 40,572,000 | $ 115,000 | $ 59,000 |
| Tallapoosa County Alabama | 65 | $ 7,767,000 | $ 119,000 | $ 56,000 |
| Lawrence County Alabama | 43 | $ 4,970,000 | $ 115,000 | $ 61,000 |
| Macon County Alabama | 20 | $ 1,432,000 | $ 71,000 | $ 35,000 |
| Chambers County Alabama | 19 | $ 982,000 | $ 51,000 | $ 45,000 |
| Giles County Tennessee | 19 | $ 1,409,000 | $ 74,000 | $ 43,000 |
| Lincoln County Tennessee | 17 | $ 1,431,000 | $ 84,000 | $ 60,000 |
| Baldwin County Alabama | 16 | $ 4,119,000 | $ 257,000 | $ 354,000 |
| Marshall County Alabama | 16 | $ 2,260,000 | $ 141,000 | $ 76,000 |
| Jefferson County Alabama | 14 | $ 1,559,000 | $ 111,000 | $ 62,000 |
| Cullman County Alabama | 12 | $ 1,837,000 | $ 153,000 | $ 97,000 |
| Talladega County Alabama | 11 | $ 878,000 | $ 79,000 | $ 49,000 |
| Clay County Alabama | 8 | $ 741,000 | $ 92,000 | $ 47,000 |
| Lauderdale County Alabama | 8 | $ 1,344,000 | $ 168,000 | $ 68,000 |
| Jackson County Alabama | 7 | $ 817,000 | $ 116,000 | $ 76,000 |
| Winston County Alabama | 7 | $ 890,000 | $ 127,000 | $ 80,000 |
| Calhoun County Alabama | 5 | $ 451,000 | $ 90,000 | $ 96,000 |
| Russell County Alabama | 5 | $ 295,000 | $ 59,000 | $ 26,000 |
| Mississippi County Arkansas | 5 | $ 168,000 | $ 33,000 | $ 93,000 |
| Elmore County Alabama | 4 | $ 337,000 | $ 84,000 | $ 67,000 |
| Shelby County Alabama | 4 | $ 778,000 | $ 194,000 | $ 113,000 |
| Franklin County Tennessee | 4 | $ 116,000 | $ 29,000 | $ 88,000 |
| Etowah County Alabama | 3 | $ 353,000 | $ 117,000 | $ 58,000 |
| Montgomery County Alabama | 3 | $ 441,000 | $ 147,000 | $ 101,000 |
| Okaloosa County Florida | 3 | $ 547,000 | $ 182,000 | $ 153,000 |
| Randolph County Alabama | 2 | $ 157,000 | $ 78,000 | $ 48,000 |
| Tuscaloosa County Alabama | 2 | $ 515,000 | $ 257,000 | $ 111,000 |
| Escambia County Florida | 2 | $ 660,000 | $ 330,000 | $ 187,000 |
| Muscogee County Georgia | 2 | $ 121,000 | $ 60,000 | $ 39,000 |
| Davidson County Tennessee | 2 | $ 212,000 | $ 106,000 | $ 224,000 |
| Sevier County Tennessee | 2 | $ 214,000 | $ 107,000 | $ 94,000 |
| Autauga County Alabama | 1 | $ 79,000 | $ 79,000 | $ 56,000 |
| Cherokee County Alabama | 1 | $ 136,000 | $ 136,000 | $ 50,000 |
| Colbert County Alabama | 1 | $ 138,000 | $ 138,000 | $ 113,000 |
| Geneva County Alabama | 1 | $ 68,000 | $ 68,000 | $ 24,000 |
| Mobile County Alabama | 1 | $ 142,000 | $ 142,000 | $ 66,000 |
| Walker County Alabama | 1 | $ 101,000 | $ 101,000 | $ 134,000 |
| White County Arkansas | 1 | $ 38,000 | $ 38,000 | $ 134,000 |
| Bay County Florida | 1 | $ 100,000 | $ 100,000 | $ 72,000 |
| Franklin County Florida | 1 | $ 104,000 | $ 104,000 | $ 80,000 |
| Marion County Florida | 1 | $ 45,000 | $ 45,000 | $ 55,000 |
| Pinellas County Florida | 1 | $ 320,000 | $ 320,000 | $ 170,000 |
| Walton County Florida | 1 | $ 873,000 | $ 873,000 | $ 292,000 |
| Harris County Georgia | 1 | $ 2,000 | $ 2,000 | $ 7,000 |
| Henry County Georgia | 1 | $ 243,000 | $ 243,000 | $ 56,000 |
| Wilkes County Georgia | 1 | $ 124,000 | $ 124,000 | $ 34,000 |
| Lafayette County Mississippi | 1 | $ 116,000 | $ 116,000 | $ 232,000 |
| Coffee County Tennessee | 1 | $ 178,000 | $ 178,000 | $ 120,000 |
| Cumberland County Tennessee | 1 | $ 52,000 | $ 52,000 | $ 72,000 |
| Henderson County Tennessee | 1 | $ 150,000 | $ 150,000 | $ 72,000 |
| Knox County Tennessee | 1 | $ 150,000 | $ 150,000 | $ 98,000 |
| Harris County Texas | 1 | $ 100,000 | $ 100,000 | $ 87,000 |
Mortgage Loan Application Detail Totals for First American Bank in 2003
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 |
|---|---|---|---|---|---|---|
| Refinancing (home purchase or home improvement, one-to-four family) | 1,426 | $179,102,000 | $105,571 | $722,000 | $110,571 | $2,786,000 |
| Home Purchase (one-to-four family) | 859 | $107,290,000 | $205,500 | $900,000 | $88,250 | $1,500,000 |
| Home Improvement (one-to-four family) | 151 | $5,030,000 | $22,333 | $245,000 | $48,000 | $300,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 6 | $1,976,000 | $229,500 | $1,412,000 | $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 | 2,242 | $269,945,000 | $115,000 | $900,000 | $111,571 | $2,786,000 |
| Black | 146 | $16,518,000 | $102,333 | $630,000 | $48,666 | $389,000 |
| Not applicable | 25 | $3,387,000 | $290,500 | $1,412,000 | $0 | $0 |
| Asian or Pacific Islander | 11 | $1,773,000 | $161,000 | $291,000 | $68,000 | $111,000 |
| Hispanic | 7 | $1,049,000 | $141,500 | $291,000 | $50,500 | $146,000 |
| Information not provided by applicant in mail or telephone application | 7 | $313,000 | $44,000 | $154,000 | $272,000 | $1,500,000 |
| American Indian or Alaskan Native | 2 | $164,000 | $82,000 | $108,000 | $60,000 | $63,000 |
| Other | 2 | $249,000 | $124,000 | $179,000 | $86,000 | $105,000 |
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) | 2,416 | $290,552,000 | $116,142 | $1,412,000 | $109,285 | $2,786,000 |
| FHA-insured (Federal Housing Administration) | 16 | $1,550,000 | $96,000 | $151,000 | $42,000 | $90,000 |
| VA-guaranteed (Veterans Administration) | 10 | $1,296,000 | $129,000 | $219,000 | $63,000 | $121,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 2,067 | $252,267,000 | $116,666 | $1,412,000 | $111,500 | $2,786,000 |
| Application Withdrawn By Applicant | 255 | $33,333,000 | $117,200 | $650,000 | $86,000 | $500,000 |
| Application Denied By Financial Institution | 115 | $7,062,000 | $44,000 | $370,000 | $36,000 | $150,000 |
| Application Approved But Not Accepted | 5 | $736,000 | $147,000 | $246,000 | $69,000 | $104,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The 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 |
|---|---|---|---|---|---|---|
| Credit History | 72 | $3,092,000 | $23,333 | $201,000 | $26,000 | $119,000 |
| Debt-To-Income Ratio | 17 | $1,908,000 | $112,000 | $280,000 | $48,000 | $150,000 |
| Collateral | 15 | $944,000 | $62,500 | $370,000 | $66,000 | $105,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $349,000 | $87,000 | $280,000 | $34,000 | $57,000 |
| Other | 4 | $401,000 | $110,000 | $150,000 | $29,000 | $51,000 |
| Employment History | 2 | $365,000 | $182,000 | $260,000 | $61,000 | $84,000 |
| Unverifiable Information | 1 | $3,000 | $3,000 | $3,000 | $12,000 | $12,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First American Bank's 2003 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 First American 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.
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with aggregated HMDA statistics today.