Farmers-Merchants Bank Of Illinois
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Farmers-Merchants Bank Of Illinois 2020 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 | Farmers-Merchants Bank Of Illinois P.O. Box 217 Joy, IL 61260 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2009 2008 |
| Total Number of Mortgage Applications | 225 |
| Total Mortgage Loan Application Amount | $67,635,000 |
| Average Mortgage Loan Application Amount | $266,666 |
| Highest Mortgage Loan Application Amount | $905,000 |
| Average Applicant Income | $115,000 |
| Highest Applicant Income | $863,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 with Farmers-Merchants Bank Of Illinois. 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 Farmers-Merchants Bank Of Illinois's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2020 breaks down Farmers-Merchants Bank Of Illinois'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 Farmers-Merchants Bank Of Illinois serves its applicants.
Each category highlights the total number of mortgage applications processed by Farmers-Merchants Bank Of Illinois, 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 Farmers-Merchants Bank Of Illinois's mortgage activity for 2020.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Los Angeles County California | 46 | $ 21,210,000 | $ 461,000 | $ 178,000 |
| Mercer County Illinois | 28 | $ 2,620,000 | $ 93,000 | $ 70,000 |
| Ford County Illinois | 22 | $ 2,220,000 | $ 100,000 | $ 64,000 |
| San Diego County California | 10 | $ 4,910,000 | $ 491,000 | $ 186,000 |
| Orange County California | 9 | $ 3,725,000 | $ 413,000 | $ 133,000 |
| San Mateo County California | 6 | $ 3,770,000 | $ 628,000 | $ 166,000 |
| Santa Clara County California | 6 | $ 3,480,000 | $ 580,000 | $ 209,000 |
| San Bernardino County California | 5 | $ 1,405,000 | $ 281,000 | $ 85,000 |
| Champaign County Illinois | 5 | $ 945,000 | $ 189,000 | $ 128,000 |
| Alameda County California | 4 | $ 2,570,000 | $ 642,000 | $ 202,000 |
| Henderson County Illinois | 4 | $ 370,000 | $ 92,000 | $ 64,000 |
| Cook County Illinois | 3 | $ 815,000 | $ 271,000 | $ 139,000 |
| Iroquois County Illinois | 3 | $ 345,000 | $ 115,000 | $ 60,000 |
| Rock Island County Illinois | 3 | $ 345,000 | $ 115,000 | $ 36,000 |
| Napa County California | 2 | $ 990,000 | $ 495,000 | $ 106,000 |
| Sacramento County California | 2 | $ 620,000 | $ 310,000 | $ 141,000 |
| Solano County California | 2 | $ 570,000 | $ 285,000 | $ 74,000 |
| Ventura County California | 2 | $ 910,000 | $ 455,000 | $ 89,000 |
| Hillsborough County Florida | 2 | $ 330,000 | $ 165,000 | $ 55,000 |
| Orange County Florida | 2 | $ 370,000 | $ 185,000 | $ 41,000 |
| Middlesex County Massachusetts | 2 | $ 960,000 | $ 480,000 | $ 126,000 |
| Anoka County Minnesota | 2 | $ 320,000 | $ 160,000 | $ 86,000 |
| Essex County New Jersey | 2 | $ 450,000 | $ 225,000 | $ 91,000 |
| Maricopa County Arizona | 1 | $ 255,000 | $ 255,000 | $ 65,000 |
| Pinal County Arizona | 1 | $ 165,000 | $ 165,000 | $ 49,000 |
| Contra Costa County California | 1 | $ 555,000 | $ 555,000 | $ 139,000 |
| Fresno County California | 1 | $ 155,000 | $ 155,000 | $ 122,000 |
| Monterey County California | 1 | $ 595,000 | $ 595,000 | $ 106,000 |
| Riverside County California | 1 | $ 215,000 | $ 215,000 | $ 67,000 |
| San Joaquin County California | 1 | $ 205,000 | $ 205,000 | $ 89,000 |
| San Luis Obispo County California | 1 | $ 365,000 | $ 365,000 | $ 111,000 |
| Sonoma County California | 1 | $ 305,000 | $ 305,000 | $ 91,000 |
| Fairfield County Connecticut | 1 | $ 305,000 | $ 305,000 | $ 184,000 |
| Citrus County Florida | 1 | $ 105,000 | $ 105,000 | $ 33,000 |
| Flagler County Florida | 1 | $ 195,000 | $ 195,000 | $ 50,000 |
| DeKalb County Georgia | 1 | $ 305,000 | $ 305,000 | $ 74,000 |
| Gwinnett County Georgia | 1 | $ 355,000 | $ 355,000 | $ 293,000 |
| Boone County Illinois | 1 | $ 255,000 | $ 255,000 | $ 178,000 |
| Kane County Illinois | 1 | $ 115,000 | $ 115,000 | $ 58,000 |
| Lake County Illinois | 1 | $ 335,000 | $ 335,000 | $ 111,000 |
| Vermilion County Illinois | 1 | $ 125,000 | $ 125,000 | $ 102,000 |
| Will County Illinois | 1 | $ 145,000 | $ 145,000 | $ 98,000 |
| Winnebago County Illinois | 1 | $ 155,000 | $ 155,000 | $ 86,000 |
| Johnson County Indiana | 1 | $ 115,000 | $ 115,000 | $ 51,000 |
| Kosciusko County Indiana | 1 | $ 125,000 | $ 125,000 | $ 130,000 |
| Lake County Indiana | 1 | $ 545,000 | $ 545,000 | $ 171,000 |
| Newton County Indiana | 1 | $ 185,000 | $ 185,000 | $ 61,000 |
| Muscatine County Iowa | 1 | $ 55,000 | $ 55,000 | $ 90,000 |
| Scott County Iowa | 1 | $ 55,000 | $ 55,000 | $ 71,000 |
| Lafourche County Louisiana | 1 | $ 175,000 | $ 175,000 | $ 135,000 |
| Orleans County Louisiana | 1 | $ 295,000 | $ 295,000 | $ 60,000 |
| Sabine County Louisiana | 1 | $ 125,000 | $ 125,000 | $ 294,000 |
| Baltimore City County Maryland | 1 | $ 425,000 | $ 425,000 | $ 262,000 |
| Montgomery County Maryland | 1 | $ 395,000 | $ 395,000 | $ 165,000 |
| Norfolk County Massachusetts | 1 | $ 675,000 | $ 675,000 | $ 300,000 |
| Huron County Michigan | 1 | $ 115,000 | $ 115,000 | $ 111,000 |
| Hennepin County Minnesota | 1 | $ 345,000 | $ 345,000 | $ 150,000 |
| Wright County Minnesota | 1 | $ 245,000 | $ 245,000 | $ 102,000 |
| Clark County Nevada | 1 | $ 335,000 | $ 335,000 | $ 261,000 |
| Hudson County New Jersey | 1 | $ 235,000 | $ 235,000 | $ 96,000 |
| Cabarrus County North Carolina | 1 | $ 255,000 | $ 255,000 | $ 108,000 |
| Harnett County North Carolina | 1 | $ 125,000 | $ 125,000 | $ 93,000 |
| Johnston County North Carolina | 1 | $ 115,000 | $ 115,000 | $ 40,000 |
| Rowan County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 48,000 |
| Stokes County North Carolina | 1 | $ 275,000 | $ 275,000 | $ 52,000 |
| Wake County North Carolina | 1 | $ 255,000 | $ 255,000 | $ 123,000 |
| Multnomah County Oregon | 1 | $ 345,000 | $ 345,000 | $ 243,000 |
| Bucks County Pennsylvania | 1 | $ 335,000 | $ 335,000 | $ 106,000 |
| Mercer County Pennsylvania | 1 | $ 105,000 | $ 105,000 | $ 23,000 |
| Maury County Tennessee | 1 | $ 145,000 | $ 145,000 | $ 143,000 |
| Loudoun County Virginia | 1 | $ 295,000 | $ 295,000 | $ 83,000 |
| Virginia Beach County Virginia | 1 | $ 395,000 | $ 395,000 | $ 233,000 |
| Pierce County Washington | 1 | $ 215,000 | $ 215,000 | $ 60,000 |
| Thurston County Washington | 1 | $ 215,000 | $ 215,000 | $ 57,000 |
| Kenosha County Wisconsin | 1 | $ 75,000 | $ 75,000 | $ 136,000 |
| Lincoln County Wyoming | 1 | $ 425,000 | $ 425,000 | $ 116,000 |
Mortgage Loan Application Detail Totals for Farmers-Merchants Bank Of Illinois in 2020
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 |
|---|---|---|---|---|---|---|
| Cash-out Refinancing | 160 | $49,950,000 | $312,000 | $765,000 | $123,000 | $863,000 |
| Refinancing | 49 | $14,645,000 | $298,000 | $905,000 | $129,000 | $850,000 |
| Home Purchase | 16 | $3,040,000 | $190,000 | $655,000 | $93,000 | $186,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 0 | $0 | $0 | $0 | $0 | $0 |
| Home Improvement | 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 | 140 | $36,280,000 | $259,000 | $765,000 | $120,000 | $863,000 |
| Asian | 34 | $16,090,000 | $473,000 | $905,000 | $142,000 | $412,000 |
| Not Provided | 26 | $8,180,000 | $314,000 | $735,000 | $136,000 | $615,000 |
| Hispanic | 20 | $6,290,000 | $314,000 | $665,000 | $94,000 | $221,000 |
| Black or African American | 3 | $545,000 | $181,000 | $275,000 | $130,000 | $155,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $195,000 | $195,000 | $195,000 | $96,000 | $96,000 |
| American Indian or Alaskan Native | 1 | $55,000 | $55,000 | $55,000 | $21,000 | $21,000 |
| 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) | 225 | $67,635,000 | $300,000 | $905,000 | $123,000 | $863,000 |
| 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 Purchased By The Institution | 155 | $59,855,000 | $386,000 | $905,000 | $145,000 | $863,000 |
| Loan Originated | 39 | $4,005,000 | $102,000 | $245,000 | $79,000 | $262,000 |
| Application Denied By Financial Institution | 16 | $2,290,000 | $143,000 | $545,000 | $58,000 | $171,000 |
| Application Withdrawn By Applicant | 11 | $905,000 | $82,000 | $155,000 | $69,000 | $131,000 |
| File Closed For Incompleteness | 2 | $180,000 | $90,000 | $125,000 | $71,000 | $103,000 |
| Application Approved But Not Accepted | 2 | $400,000 | $200,000 | $325,000 | $70,000 | $115,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 225 | $67,635,000 | $300,000 | $905,000 | $123,000 | $863,000 |
| 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 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Farmers-Merchants Bank Of Illinois's 2020 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 Farmers-Merchants Bank Of Illinois'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 Illinois, download the full spreadsheet
with aggregated HMDA statistics today.