First Farmers Bank & Trust Mortgage Lending & HMDA Data, 2010
In 2010, First Farmers Bank & Trust of Converse, IN reported 989 mortgage applications totaling $97.1 million, down 22% from 2009. The average application was for $98,173, and applicants reported an average income of $69,625. 70% of its applications resulted in an originated loan and 16% were denied. Its largest markets were Kokomo, IN (348), Indianapolis-Carmel, IN (76) and Anderson, IN (27) (applications in parentheses).
| Mortgage Company & Address | First Farmers Bank & Trust 123 N. Jefferson Street Converse, IN 46919 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 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 989 |
| Total Mortgage Loan Application Amount | $97,094,000 |
| Average Mortgage Loan Application Amount | $98,173 |
| Highest Mortgage Loan Application Amount | $411,000 |
| Average Applicant Income | $69,625 |
| Highest Applicant Income | $996,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records First Farmers Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Howard, Indiana | 256 | $ 24,671,000 | $ 96,371 | $ 67,000 |
| Miami, Indiana | 157 | $ 12,207,000 | $ 77,751 | $ 61,000 |
| Tipton, Indiana | 92 | $ 9,343,000 | $ 101,554 | $ 66,000 |
| Cass, Indiana | 82 | $ 7,799,000 | $ 95,109 | $ 70,000 |
| Wabash, Indiana | 76 | $ 7,176,000 | $ 94,421 | $ 71,000 |
| Starke, Indiana | 70 | $ 5,817,000 | $ 83,100 | $ 53,000 |
| Grant, Indiana | 59 | $ 6,613,000 | $ 112,084 | $ 97,000 |
| Hamilton, Indiana | 55 | $ 6,607,000 | $ 120,127 | $ 83,000 |
| Madison, Indiana | 27 | $ 2,119,000 | $ 78,481 | $ 58,000 |
| Marshall, Indiana | 22 | $ 2,689,000 | $ 122,227 | $ 81,000 |
| Huntington, Indiana | 15 | $ 1,175,000 | $ 78,333 | $ 58,000 |
| Marion, Indiana | 11 | $ 1,643,000 | $ 149,363 | $ 108,000 |
| Fulton, Indiana | 8 | $ 647,000 | $ 80,875 | $ 43,000 |
| Pulaski, Indiana | 8 | $ 705,000 | $ 88,125 | $ 43,000 |
| Boone, Indiana | 7 | $ 1,246,000 | $ 178,000 | $ 82,000 |
| Kosciusko, Indiana | 6 | $ 1,000,000 | $ 166,666 | $ 89,000 |
| Wells, Indiana | 6 | $ 761,000 | $ 126,833 | $ 66,000 |
| Carroll, Indiana | 4 | $ 665,000 | $ 166,250 | $ 134,000 |
| Allen, Indiana | 3 | $ 373,000 | $ 124,333 | $ 136,000 |
| Delaware, Indiana | 3 | $ 199,000 | $ 66,333 | $ 79,000 |
| Lee, Florida | 2 | $ 258,000 | $ 129,000 | $ 118,000 |
| Montgomery, Indiana | 2 | $ 190,000 | $ 95,000 | $ 50,000 |
| St. Joseph, Indiana | 2 | $ 226,000 | $ 113,000 | $ 144,000 |
| White, Indiana | 2 | $ 250,000 | $ 125,000 | $ 31,000 |
| Polk, Florida | 1 | $ 45,000 | $ 45,000 | $ 103,000 |
| Kane, Illinois | 1 | $ 410,000 | $ 410,000 | $ 150,000 |
| Blackford, Indiana | 1 | $ 144,000 | $ 144,000 | $ 57,000 |
| Clinton, Indiana | 1 | $ 68,000 | $ 68,000 | $ 34,000 |
| Fountain, Indiana | 1 | $ 177,000 | $ 177,000 | $ 63,000 |
| Hendricks, Indiana | 1 | $ 80,000 | $ 80,000 | $ 235,000 |
| LaPorte, Indiana | 1 | $ 56,000 | $ 56,000 | $ 41,000 |
| Morgan, Indiana | 1 | $ 410,000 | $ 410,000 | $ 210,000 |
| Porter, Indiana | 1 | $ 204,000 | $ 204,000 | $ 100,000 |
| Putnam, Indiana | 1 | $ 250,000 | $ 250,000 | $ 42,000 |
| Tippecanoe, Indiana | 1 | $ 126,000 | $ 126,000 | $ 70,000 |
| Vermillion, Indiana | 1 | $ 248,000 | $ 248,000 | $ 242,000 |
| Berrien, Michigan | 1 | $ 379,000 | $ 379,000 | $ 394,000 |
| St. Louis, Missouri | 1 | $ 118,000 | $ 118,000 | $ 43,000 |
Mortgage Loan Application Detail Totals for First Farmers Bank & Trust in 2010
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 | 663 | $71,683,000 | $108,000 | $411,000 | $74,000 | $996,000 |
| Home Purchase | 237 | $19,006,000 | $80,000 | $410,000 | $58,000 | $308,000 |
| Home Improvement | 89 | $6,405,000 | $71,000 | $305,000 | $68,000 | $397,000 |
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 | 964 | $94,606,000 | $98,000 | $411,000 | $70,000 | $996,000 |
| Hispanic | 11 | $1,071,000 | $97,000 | $244,000 | $63,000 | $124,000 |
| Not Provided | 6 | $597,000 | $99,000 | $203,000 | $75,000 | $140,000 |
| Black or African American | 5 | $360,000 | $72,000 | $116,000 | $55,000 | $125,000 |
| Asian | 2 | $430,000 | $215,000 | $305,000 | $76,000 | $93,000 |
| American Indian or Alaskan Native | 1 | $30,000 | $30,000 | $30,000 | $43,000 | $43,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 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) | 954 | $94,515,000 | $99,000 | $411,000 | $71,000 | $996,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 30 | $2,354,000 | $78,000 | $185,000 | $37,000 | $63,000 |
| VA-guaranteed (Veterans Administration) | 3 | $158,000 | $52,000 | $60,000 | $34,000 | $39,000 |
| FHA-insured (Federal Housing Administration) | 2 | $67,000 | $33,000 | $55,000 | $21,000 | $31,000 |
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 | 697 | $70,553,000 | $101,000 | $411,000 | $72,000 | $397,000 |
| Application Denied By Financial Institution | 154 | $12,375,000 | $80,000 | $360,000 | $52,000 | $163,000 |
| Application Withdrawn By Applicant | 134 | $13,779,000 | $102,000 | $375,000 | $77,000 | $996,000 |
| Application Approved But Not Accepted | 2 | $173,000 | $86,000 | $152,000 | $85,000 | $85,000 |
| Preapproval Approved but not Accepted | 1 | $155,000 | $155,000 | $155,000 | $102,000 | $102,000 |
| File Closed For Incompleteness | 1 | $59,000 | $59,000 | $59,000 | $27,000 | $27,000 |
| Loan Purchased By The Institution | 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 |
|---|---|---|---|---|---|---|
| Credit History | 73 | $4,818,000 | $66,000 | $300,000 | $49,000 | $126,000 |
| Debt-To-Income Ratio | 43 | $4,502,000 | $104,000 | $360,000 | $51,000 | $163,000 |
| Collateral | 32 | $2,615,000 | $81,000 | $182,000 | $65,000 | $137,000 |
| Employment History | 4 | $319,000 | $79,000 | $116,000 | $34,000 | $54,000 |
| Mortgage Insurance Denied | 1 | $81,000 | $81,000 | $81,000 | $19,000 | $19,000 |
| Unverifiable Information | 1 | $40,000 | $40,000 | $40,000 | $50,000 | $50,000 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First Farmers Bank & Trust's 2010 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 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 Indiana, 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