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records First Farmers Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| 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 | 399 | $ 52,705,000 | $ 132,092 | $ 76,371 |
| Kokomo, IN | 153 | $ 18,565,000 | $ 121,339 | $ 68,000 |
| Terre Haute, IN | 80 | $ 9,760,000 | $ 122,000 | $ 66,000 |
| Indianapolis-Carmel-Anderson, IN | 65 | $ 11,615,000 | $ 178,692 | $ 94,000 |
| Danville, IL | 23 | $ 2,125,000 | $ 92,391 | $ 65,000 |
| Lafayette-West Lafayette, IN | 18 | $ 2,960,000 | $ 164,444 | $ 64,000 |
| Muncie, IN | 8 | $ 1,410,000 | $ 176,250 | $ 73,000 |
| Michigan City-La Porte, IN | 7 | $ 955,000 | $ 136,428 | $ 67,000 |
| Gary, IN | 5 | $ 1,055,000 | $ 211,000 | $ 50,000 |
| Fort Wayne, IN | 3 | $ 315,000 | $ 105,000 | $ 57,000 |
| Naples-Immokalee-Marco Island, FL | 3 | $ 755,000 | $ 251,666 | $ 150,000 |
| Tampa-St. Petersburg-Clearwater, FL | 3 | $ 825,000 | $ 275,000 | $ 693,000 |
| Bloomington, IN | 2 | $ 250,000 | $ 125,000 | $ 77,000 |
| Cape Coral-Fort Myers, FL | 2 | $ 250,000 | $ 125,000 | $ 49,000 |
| Charlotte-Concord-Gastonia, NC-SC | 2 | $ 780,000 | $ 390,000 | $ 218,500 |
| Lakeland-Winter Haven, FL | 2 | $ 320,000 | $ 160,000 | $ 77,000 |
| Columbus, IN | 1 | $ 85,000 | $ 85,000 | $ 78,000 |
| Dayton-Springfield-Kettering, OH | 1 | $ 305,000 | $ 305,000 | $ 255,000 |
| Des Moines-West Des Moines, IA | 1 | $ 45,000 | $ 45,000 | $ 16,000 |
| Elkhart-Goshen, IN | 1 | $ 425,000 | $ 425,000 | $ 0 |
| Lake County-Kenosha County, IL-WI | 1 | $ 255,000 | $ 255,000 | $ 142,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 1 | $ 1,925,000 | $ 1,925,000 | $ 245,000 |
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