First Madison Bank & Trust Mortgage Lending & HMDA Data, 2015
In 2015, First Madison Bank & Trust of Athens, GA reported 299 mortgage applications totaling $54.1 million, up 20% from 2014. The average application was for $180,866, and applicants reported an average income of $87,993. 98% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Athens-Clarke County, GA (245), Atlanta-Sandy Springs-Roswell, GA (22) and Augusta-Richmond County, GA-SC (3) (applications in parentheses).
| Mortgage Company & Address | First Madison Bank & Trust 780 Highway 29 North Athens, GA 30601 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 |
| Total Number of Mortgage Applications | 299 |
| Total Mortgage Loan Application Amount | $54,079,000 |
| Average Mortgage Loan Application Amount | $180,866 |
| Highest Mortgage Loan Application Amount | $1,650,000 |
| Average Applicant Income | $87,993 |
| Highest Applicant Income | $872,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records First Madison Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Clarke, Georgia | 120 | $ 22,936,000 | $ 191,133 | $ 83,000 |
| Madison, Georgia | 63 | $ 8,943,000 | $ 141,952 | $ 69,000 |
| Oconee, Georgia | 46 | $ 8,510,000 | $ 185,000 | $ 73,000 |
| Oglethorpe, Georgia | 16 | $ 1,947,000 | $ 121,687 | $ 47,000 |
| Jackson, Georgia | 7 | $ 852,000 | $ 121,714 | $ 66,000 |
| Barrow, Georgia | 6 | $ 672,000 | $ 112,000 | $ 79,000 |
| Fulton, Georgia | 4 | $ 1,555,000 | $ 388,750 | $ 69,000 |
| Banks, Georgia | 3 | $ 213,000 | $ 71,000 | $ 72,000 |
| Douglas, Georgia | 3 | $ 275,000 | $ 91,666 | $ 338,000 |
| Elbert, Georgia | 3 | $ 156,000 | $ 52,000 | $ 26,000 |
| Franklin, Georgia | 3 | $ 106,000 | $ 35,333 | $ 134,000 |
| Greene, Georgia | 3 | $ 334,000 | $ 111,333 | $ 74,000 |
| Walton, Georgia | 3 | $ 1,083,000 | $ 361,000 | $ 350,000 |
| Bay, Florida | 2 | $ 259,000 | $ 129,500 | $ 80,000 |
| Glynn, Georgia | 2 | $ 642,000 | $ 321,000 | $ 269,000 |
| Gwinnett, Georgia | 2 | $ 420,000 | $ 210,000 | $ 359,000 |
| Morgan, Georgia | 2 | $ 1,044,000 | $ 522,000 | $ 28,000 |
| Macon, North Carolina | 2 | $ 1,244,000 | $ 622,000 | $ 453,000 |
| Walton, Florida | 1 | $ 600,000 | $ 600,000 | $ 0 |
| Baldwin, Georgia | 1 | $ 1,175,000 | $ 1,175,000 | $ 0 |
| DeKalb, Georgia | 1 | $ 386,000 | $ 386,000 | $ 0 |
| Habersham, Georgia | 1 | $ 120,000 | $ 120,000 | $ 112,000 |
| Jasper, Georgia | 1 | $ 61,000 | $ 61,000 | $ 90,000 |
| Lincoln, Georgia | 1 | $ 255,000 | $ 255,000 | $ 450,000 |
| Lumpkin, Georgia | 1 | $ 105,000 | $ 105,000 | $ 120,000 |
| McDuffie, Georgia | 1 | $ 131,000 | $ 131,000 | $ 640,000 |
| Richmond, Georgia | 1 | $ 55,000 | $ 55,000 | $ 24,000 |
Mortgage Loan Application Detail Totals for First Madison Bank & Trust in 2015
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 | 178 | $34,900,000 | $196,000 | $1,650,000 | $95,000 | $872,000 |
| Home Purchase | 113 | $17,678,000 | $156,000 | $784,000 | $80,000 | $491,000 |
| Home Improvement | 8 | $1,501,000 | $187,000 | $470,000 | $45,000 | $143,000 |
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 | 203 | $35,373,000 | $174,000 | $1,442,000 | $122,000 | $872,000 |
| Not applicable | 69 | $16,889,000 | $244,000 | $1,650,000 | $0 | $0 |
| Black or African American | 23 | $1,435,000 | $62,000 | $166,000 | $65,000 | $122,000 |
| Hispanic | 3 | $211,000 | $70,000 | $150,000 | $24,000 | $30,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $171,000 | $171,000 | $171,000 | $31,000 | $31,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Provided | 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) | 299 | $54,079,000 | $180,000 | $1,650,000 | $88,000 | $872,000 |
| 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 | 294 | $53,660,000 | $182,000 | $1,650,000 | $89,000 | $872,000 |
| Application Denied By Financial Institution | 4 | $194,000 | $48,000 | $128,000 | $27,000 | $52,000 |
| Application Withdrawn By Applicant | 1 | $225,000 | $225,000 | $225,000 | $162,000 | $162,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Approved But Not Accepted | 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 |
|---|---|---|---|---|---|---|
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First Madison Bank & Trust's 2015 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 Madison 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 Georgia, 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