First Farmers Bank & Trust Mortgage Lending & HMDA Data, 2019
In 2019, First Farmers Bank & Trust of Converse, IN reported 1,098 mortgage applications totaling $145.6 million, down 10% from 2018. The average application was for $132,568, and applicants reported an average income of $72,433. 51% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Kokomo, IN (153), Terre Haute, IN (80) and Indianapolis-Carmel-Anderson, IN (65) (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 | 1,098 |
| Total Mortgage Loan Application Amount | $145,560,000 |
| Average Mortgage Loan Application Amount | $132,568 |
| Highest Mortgage Loan Application Amount | $1,925,000 |
| Average Applicant Income | $72,433 |
| Highest Applicant Income | $1,896,000 |
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records First Farmers Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 | 153 | $ 18,565,000 | $ 121,339 | $ 68,000 |
| Miami, Indiana | 90 | $ 10,700,000 | $ 118,888 | $ 67,000 |
| Tipton, Indiana | 64 | $ 9,210,000 | $ 143,906 | $ 89,000 |
| Grant, Indiana | 60 | $ 8,340,000 | $ 139,000 | $ 78,000 |
| Vigo, Indiana | 37 | $ 5,335,000 | $ 144,189 | $ 68,000 |
| Wabash, Indiana | 36 | $ 5,070,000 | $ 140,833 | $ 77,000 |
| Cass, Indiana | 35 | $ 4,335,000 | $ 123,857 | $ 60,000 |
| Edgar, Illinois | 29 | $ 2,775,000 | $ 95,689 | $ 76,000 |
| Madison, Indiana | 28 | $ 3,110,000 | $ 111,071 | $ 75,000 |
| Hamilton, Indiana | 24 | $ 5,950,000 | $ 247,916 | $ 123,000 |
| Vermilion, Illinois | 23 | $ 2,125,000 | $ 92,391 | $ 65,000 |
| Clay, Indiana | 23 | $ 2,845,000 | $ 123,695 | $ 67,000 |
| Starke, Indiana | 19 | $ 2,275,000 | $ 119,736 | $ 76,000 |
| Sullivan, Indiana | 16 | $ 1,260,000 | $ 78,750 | $ 61,000 |
| Carroll, Indiana | 15 | $ 2,295,000 | $ 153,000 | $ 66,000 |
| Delaware, Indiana | 8 | $ 1,410,000 | $ 176,250 | $ 73,000 |
| Boone, Indiana | 7 | $ 1,305,000 | $ 186,428 | $ 88,000 |
| Fulton, Indiana | 7 | $ 2,355,000 | $ 336,428 | $ 148,000 |
| Huntington, Indiana | 7 | $ 975,000 | $ 139,285 | $ 100,000 |
| Kosciusko, Indiana | 7 | $ 1,155,000 | $ 165,000 | $ 121,000 |
| LaPorte, Indiana | 7 | $ 955,000 | $ 136,428 | $ 67,000 |
| Clark, Illinois | 4 | $ 360,000 | $ 90,000 | $ 77,000 |
| Coles, Illinois | 4 | $ 260,000 | $ 65,000 | $ 23,000 |
| Iroquois, Illinois | 4 | $ 260,000 | $ 65,000 | $ 31,000 |
| Blackford, Indiana | 4 | $ 460,000 | $ 115,000 | $ 69,000 |
| Marshall, Indiana | 4 | $ 790,000 | $ 197,500 | $ 142,000 |
| Pulaski, Indiana | 4 | $ 330,000 | $ 82,500 | $ 54,000 |
| Collier, Florida | 3 | $ 755,000 | $ 251,666 | $ 150,000 |
| Allen, Indiana | 3 | $ 315,000 | $ 105,000 | $ 57,000 |
| Clinton, Indiana | 3 | $ 315,000 | $ 105,000 | $ 45,000 |
| Porter, Indiana | 3 | $ 455,000 | $ 151,666 | $ 54,000 |
| Tippecanoe, Indiana | 3 | $ 665,000 | $ 221,666 | $ 55,000 |
| Lee, Florida | 2 | $ 250,000 | $ 125,000 | $ 49,000 |
| Pinellas, Florida | 2 | $ 710,000 | $ 355,000 | $ 1,003,000 |
| Polk, Florida | 2 | $ 320,000 | $ 160,000 | $ 77,000 |
| Fountain, Indiana | 2 | $ 300,000 | $ 150,000 | $ 89,000 |
| Greene, Indiana | 2 | $ 340,000 | $ 170,000 | $ 117,000 |
| Jasper, Indiana | 2 | $ 600,000 | $ 300,000 | $ 44,000 |
| Montgomery, Indiana | 2 | $ 420,000 | $ 210,000 | $ 107,000 |
| Morgan, Indiana | 2 | $ 640,000 | $ 320,000 | $ 103,000 |
| Owen, Indiana | 2 | $ 250,000 | $ 125,000 | $ 77,000 |
| Parke, Indiana | 2 | $ 120,000 | $ 60,000 | $ 41,000 |
| Putnam, Indiana | 2 | $ 370,000 | $ 185,000 | $ 96,000 |
| Vermillion, Indiana | 2 | $ 200,000 | $ 100,000 | $ 65,000 |
| Palm Beach, Florida | 1 | $ 1,925,000 | $ 1,925,000 | $ 245,000 |
| Pasco, Florida | 1 | $ 115,000 | $ 115,000 | $ 73,000 |
| Douglas, Illinois | 1 | $ 225,000 | $ 225,000 | $ 2,000 |
| Lake, Illinois | 1 | $ 255,000 | $ 255,000 | $ 142,000 |
| Bartholomew, Indiana | 1 | $ 85,000 | $ 85,000 | $ 78,000 |
| Elkhart, Indiana | 1 | $ 425,000 | $ 425,000 | $ 0 |
| Gibson, Indiana | 1 | $ 155,000 | $ 155,000 | $ 46,000 |
| Hancock, Indiana | 1 | $ 175,000 | $ 175,000 | $ 54,000 |
| Henry, Indiana | 1 | $ 95,000 | $ 95,000 | $ 104,000 |
| Jay, Indiana | 1 | $ 195,000 | $ 195,000 | $ 132,000 |
| LaGrange, Indiana | 1 | $ 225,000 | $ 225,000 | $ 72,000 |
| Lawrence, Indiana | 1 | $ 175,000 | $ 175,000 | $ 82,000 |
| Marion, Indiana | 1 | $ 65,000 | $ 65,000 | $ 0 |
| Switzerland, Indiana | 1 | $ 95,000 | $ 95,000 | $ 75,000 |
| Wells, Indiana | 1 | $ 85,000 | $ 85,000 | $ 66,000 |
| White, Indiana | 1 | $ 85,000 | $ 85,000 | $ 63,000 |
| Warren, Iowa | 1 | $ 45,000 | $ 45,000 | $ 16,000 |
| Barren, Kentucky | 1 | $ 185,000 | $ 185,000 | $ 0 |
| Cabarrus, North Carolina | 1 | $ 295,000 | $ 295,000 | $ 127,000 |
| Greene, Ohio | 1 | $ 305,000 | $ 305,000 | $ 255,000 |
| York, South Carolina | 1 | $ 485,000 | $ 485,000 | $ 310,000 |
| Sevier, Tennessee | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Summers, West Virginia | 1 | $ 55,000 | $ 55,000 | $ 96,000 |
Mortgage Loan Application Detail Totals for First Farmers Bank & Trust in 2019
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 | 765 | $95,855,000 | $125,000 | $1,925,000 | $68,000 | $1,896,000 |
| Cash-out Refinancing | 160 | $21,810,000 | $136,000 | $485,000 | $81,000 | $603,000 |
| Refinancing | 139 | $24,875,000 | $178,000 | $1,115,000 | $88,000 | $291,000 |
| Home Improvement | 18 | $1,490,000 | $82,000 | $155,000 | $56,000 | $117,000 |
| Other Purpose | 16 | $1,530,000 | $95,000 | $255,000 | $82,000 | $184,000 |
| 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 | 1,011 | $132,425,000 | $130,000 | $1,925,000 | $73,000 | $1,896,000 |
| Not Provided | 29 | $3,695,000 | $127,000 | $275,000 | $67,000 | $168,000 |
| Hispanic | 28 | $3,220,000 | $115,000 | $405,000 | $58,000 | $173,000 |
| Black or African American | 12 | $980,000 | $81,000 | $235,000 | $40,000 | $73,000 |
| Not applicable | 12 | $3,930,000 | $327,000 | $1,115,000 | $0 | $0 |
| Asian | 6 | $1,310,000 | $218,000 | $485,000 | $99,000 | $170,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 1,081 | $144,115,000 | $133,000 | $1,925,000 | $73,000 | $1,896,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 11 | $905,000 | $82,000 | $155,000 | $32,000 | $95,000 |
| FHA-insured (Federal Housing Administration) | 5 | $355,000 | $71,000 | $85,000 | $42,000 | $52,000 |
| VA-guaranteed (Veterans Administration) | 1 | $185,000 | $185,000 | $185,000 | $48,000 | $48,000 |
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 | 560 | $78,870,000 | $140,000 | $1,115,000 | $80,000 | $1,896,000 |
| Preapproval Approved but not Accepted | 185 | $25,245,000 | $136,000 | $645,000 | $68,000 | $540,000 |
| Preapproval Denied by Financial Institution | 129 | $11,825,000 | $91,000 | $285,000 | $47,000 | $180,000 |
| Application Approved But Not Accepted | 124 | $17,800,000 | $143,000 | $1,925,000 | $81,000 | $245,000 |
| Application Denied By Financial Institution | 80 | $8,820,000 | $110,000 | $385,000 | $58,000 | $169,000 |
| Application Withdrawn By Applicant | 18 | $2,830,000 | $157,000 | $455,000 | $79,000 | $152,000 |
| File Closed For Incompleteness | 1 | $105,000 | $105,000 | $105,000 | $0 | $0 |
| Loan Purchased By The Institution | 1 | $65,000 | $65,000 | $65,000 | $27,000 | $27,000 |
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 | 889 | $124,915,000 | $140,000 | $1,925,000 | $77,000 | $1,896,000 |
| Credit History | 120 | $10,380,000 | $86,000 | $285,000 | $53,000 | $180,000 |
| Debt-To-Income Ratio | 64 | $7,730,000 | $120,000 | $385,000 | $43,000 | $139,000 |
| Collateral | 9 | $1,075,000 | $119,000 | $325,000 | $89,000 | $169,000 |
| Other | 7 | $835,000 | $119,000 | $195,000 | $56,000 | $112,000 |
| Employment History | 6 | $380,000 | $63,000 | $95,000 | $40,000 | $62,000 |
| Credit Application Incomplete | 2 | $210,000 | $105,000 | $135,000 | $42,000 | $42,000 |
| Mortgage Insurance Denied | 1 | $35,000 | $35,000 | $35,000 | $27,000 | $27,000 |
| Unverifiable Information | 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 2019 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