First South Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2016
First South Bank 2016 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 South Bank 1311 Carolina Ave Washington, NC 27889 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 1,090 |
| Total Mortgage Loan Application Amount | $190,589,000 |
| Average Mortgage Loan Application Amount | $143,333 |
| Highest Mortgage Loan Application Amount | $4,240,000 |
| Average Applicant Income | $81,000 |
| Highest Applicant Income | $1,756,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2016 with First South 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 South Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2016 breaks down First South 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 South Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by First South 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 South Bank's mortgage activity for 2016.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Beaufort County North Carolina | 116 | $ 13,821,000 | $ 119,000 | $ 71,000 |
| Craven County North Carolina | 109 | $ 14,179,000 | $ 130,000 | $ 63,000 |
| Pitt County North Carolina | 98 | $ 13,971,000 | $ 142,000 | $ 79,000 |
| Nash County North Carolina | 88 | $ 11,066,000 | $ 125,000 | $ 76,000 |
| Cumberland County North Carolina | 80 | $ 17,198,000 | $ 214,000 | $ 79,000 |
| Robeson County North Carolina | 65 | $ 10,322,000 | $ 158,000 | $ 57,000 |
| New Hanover County North Carolina | 50 | $ 19,033,000 | $ 380,000 | $ 98,000 |
| Dare County North Carolina | 45 | $ 10,720,000 | $ 238,000 | $ 203,000 |
| Wake County North Carolina | 40 | $ 12,134,000 | $ 303,000 | $ 100,000 |
| Lenoir County North Carolina | 39 | $ 3,915,000 | $ 100,000 | $ 49,000 |
| Carteret County North Carolina | 34 | $ 8,591,000 | $ 252,000 | $ 141,000 |
| Edgecombe County North Carolina | 34 | $ 2,003,000 | $ 58,000 | $ 45,000 |
| Wayne County North Carolina | 27 | $ 2,422,000 | $ 89,000 | $ 40,000 |
| Durham County North Carolina | 24 | $ 7,851,000 | $ 327,000 | $ 84,000 |
| Martin County North Carolina | 24 | $ 3,462,000 | $ 144,000 | $ 68,000 |
| Duplin County North Carolina | 22 | $ 2,657,000 | $ 120,000 | $ 55,000 |
| Orange County North Carolina | 21 | $ 5,430,000 | $ 258,000 | $ 65,000 |
| Wilson County North Carolina | 21 | $ 2,535,000 | $ 120,000 | $ 166,000 |
| Pamlico County North Carolina | 20 | $ 3,034,000 | $ 151,000 | $ 75,000 |
| Bladen County North Carolina | 16 | $ 2,384,000 | $ 149,000 | $ 68,000 |
| Pasquotank County North Carolina | 12 | $ 1,594,000 | $ 132,000 | $ 77,000 |
| Pender County North Carolina | 10 | $ 2,676,000 | $ 267,000 | $ 42,000 |
| Brunswick County North Carolina | 7 | $ 2,082,000 | $ 297,000 | $ 195,000 |
| Jones County North Carolina | 6 | $ 1,409,000 | $ 234,000 | $ 138,000 |
| Onslow County North Carolina | 6 | $ 2,353,000 | $ 392,000 | $ 353,000 |
| Franklin County North Carolina | 5 | $ 897,000 | $ 179,000 | $ 99,000 |
| Greene County North Carolina | 5 | $ 634,000 | $ 126,000 | $ 89,000 |
| Halifax County North Carolina | 5 | $ 517,000 | $ 103,000 | $ 39,000 |
| Hoke County North Carolina | 5 | $ 1,398,000 | $ 279,000 | $ 69,000 |
| Sampson County North Carolina | 5 | $ 765,000 | $ 153,000 | $ 56,000 |
| Columbus County North Carolina | 4 | $ 213,000 | $ 53,000 | $ 56,000 |
| Perquimans County North Carolina | 4 | $ 211,000 | $ 52,000 | $ 37,000 |
| Horry County South Carolina | 4 | $ 545,000 | $ 136,000 | $ 122,000 |
| Currituck County North Carolina | 3 | $ 845,000 | $ 281,000 | $ 132,000 |
| Montgomery County North Carolina | 3 | $ 1,169,000 | $ 389,000 | $ 279,000 |
| Warren County North Carolina | 3 | $ 627,000 | $ 209,000 | $ 125,000 |
| Granville County North Carolina | 2 | $ 396,000 | $ 198,000 | $ 126,000 |
| Guilford County North Carolina | 2 | $ 509,000 | $ 254,000 | $ 127,000 |
| Jackson County North Carolina | 2 | $ 152,000 | $ 76,000 | $ 111,000 |
| Johnston County North Carolina | 2 | $ 199,000 | $ 99,000 | $ 32,000 |
| Lee County North Carolina | 2 | $ 141,000 | $ 70,000 | $ 45,000 |
| Moore County North Carolina | 2 | $ 342,000 | $ 171,000 | $ 135,000 |
| Person County North Carolina | 2 | $ 848,000 | $ 424,000 | $ 85,000 |
| Rockingham County North Carolina | 2 | $ 416,000 | $ 208,000 | $ 85,000 |
| Alamance County North Carolina | 1 | $ 400,000 | $ 400,000 | $ 0 |
| Bertie County North Carolina | 1 | $ 320,000 | $ 320,000 | $ 319,000 |
| Chatham County North Carolina | 1 | $ 88,000 | $ 88,000 | $ 150,000 |
| Chowan County North Carolina | 1 | $ 240,000 | $ 240,000 | $ 0 |
| Gates County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 118,000 |
| Harnett County North Carolina | 1 | $ 360,000 | $ 360,000 | $ 106,000 |
| Hyde County North Carolina | 1 | $ 202,000 | $ 202,000 | $ 92,000 |
| Mecklenburg County North Carolina | 1 | $ 407,000 | $ 407,000 | $ 184,000 |
| Transylvania County North Carolina | 1 | $ 242,000 | $ 242,000 | $ 90,000 |
| Washington County North Carolina | 1 | $ 132,000 | $ 132,000 | $ 93,000 |
| Lancaster County South Carolina | 1 | $ 143,000 | $ 143,000 | $ 95,000 |
| Wilson County Tennessee | 1 | $ 90,000 | $ 90,000 | $ 22,000 |
| Harris County Texas | 1 | $ 10,000 | $ 10,000 | $ 145,000 |
| Frederick County Virginia | 1 | $ 264,000 | $ 264,000 | $ 99,000 |
Mortgage Loan Application Detail Totals for First South Bank in 2016
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 | 598 | $106,449,000 | $178,000 | $4,240,000 | $82,000 | $1,756,000 |
| Refinancing | 418 | $79,547,000 | $190,000 | $2,420,000 | $92,000 | $1,257,000 |
| Home Improvement | 74 | $4,593,000 | $62,000 | $417,000 | $69,000 | $732,000 |
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 | 758 | $120,423,000 | $158,000 | $1,964,000 | $100,000 | $1,756,000 |
| Black or African American | 122 | $13,665,000 | $112,000 | $602,000 | $60,000 | $364,000 |
| Not applicable | 82 | $38,180,000 | $465,000 | $4,240,000 | $0 | $0 |
| Hispanic | 42 | $4,378,000 | $104,000 | $582,000 | $44,000 | $145,000 |
| Not Provided | 31 | $4,996,000 | $161,000 | $525,000 | $84,000 | $205,000 |
| American Indian or Alaskan Native | 25 | $3,313,000 | $132,000 | $357,000 | $62,000 | $127,000 |
| Asian | 25 | $4,762,000 | $190,000 | $1,260,000 | $117,000 | $470,000 |
| Native Hawaiin or Other Pacific Islander | 5 | $872,000 | $174,000 | $259,000 | $73,000 | $156,000 |
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) | 826 | $155,907,000 | $188,000 | $4,240,000 | $95,000 | $1,756,000 |
| FHA-insured (Federal Housing Administration) | 139 | $17,226,000 | $123,000 | $320,000 | $50,000 | $145,000 |
| VA-guaranteed (Veterans Administration) | 65 | $10,318,000 | $158,000 | $415,000 | $62,000 | $180,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 60 | $7,138,000 | $118,000 | $248,000 | $44,000 | $99,000 |
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 | 645 | $117,710,000 | $182,000 | $2,420,000 | $91,000 | $1,192,000 |
| Application Withdrawn By Applicant | 239 | $42,048,000 | $175,000 | $4,240,000 | $81,000 | $1,756,000 |
| Application Denied By Financial Institution | 157 | $21,344,000 | $135,000 | $2,200,000 | $54,000 | $298,000 |
| File Closed For Incompleteness | 49 | $9,487,000 | $193,000 | $1,260,000 | $120,000 | $1,257,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 77 | $7,182,000 | $93,000 | $399,000 | $51,000 | $129,000 |
| Debt-To-Income Ratio | 33 | $5,457,000 | $165,000 | $680,000 | $48,000 | $191,000 |
| Other | 22 | $5,186,000 | $235,000 | $2,200,000 | $66,000 | $298,000 |
| Collateral | 19 | $2,334,000 | $122,000 | $338,000 | $47,000 | $106,000 |
| Unverifiable Information | 4 | $707,000 | $176,000 | $233,000 | $94,000 | $134,000 |
| Employment History | 1 | $218,000 | $218,000 | $218,000 | $78,000 | $78,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $260,000 | $260,000 | $260,000 | $124,000 | $124,000 |
| 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 South Bank's 2016 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 South 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.
For a list of all lenders in North Carolina, download the full spreadsheet
with aggregated HMDA statistics today.