M C Bank & Trust Company Mortgage Lending & HMDA Data, 2012
In 2012, M C Bank & Trust Company of Morgan City, LA reported 186 mortgage applications totaling $21.3 million, up 6% from 2011. The average application was for $114,258, and applicants reported an average income of $54,709. 79% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Lafayette, LA (22), Houma-Bayou Cane-Thibodaux, LA (10) and New Orleans-Metairie-Kenner, LA (4) (applications in parentheses).
| Mortgage Company & Address | M C Bank & Trust Company 1201 Brashear Ave. Morgan City, LA 70380 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 | 186 |
| Total Mortgage Loan Application Amount | $21,252,000 |
| Average Mortgage Loan Application Amount | $114,258 |
| Highest Mortgage Loan Application Amount | $2,640,000 |
| Average Applicant Income | $54,709 |
| Highest Applicant Income | $611,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records M C Bank & Trust Company filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
Mortgage Loan Application Detail Totals for M C Bank & Trust Company in 2012
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 | 111 | $13,921,000 | $125,000 | $2,640,000 | $61,000 | $611,000 |
| Home Purchase | 57 | $5,923,000 | $103,000 | $980,000 | $37,000 | $240,000 |
| Home Improvement | 18 | $1,408,000 | $78,000 | $741,000 | $72,000 | $254,000 |
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 | 104 | $8,030,000 | $77,000 | $980,000 | $73,000 | $611,000 |
| Not applicable | 41 | $11,244,000 | $274,000 | $2,640,000 | $0 | $0 |
| Asian | 20 | $1,302,000 | $65,000 | $176,000 | $69,000 | $254,000 |
| Black or African American | 18 | $455,000 | $25,000 | $88,000 | $53,000 | $179,000 |
| Hispanic | 2 | $106,000 | $53,000 | $72,000 | $102,000 | $114,000 |
| Not Provided | 1 | $115,000 | $115,000 | $115,000 | $35,000 | $35,000 |
| 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) | 186 | $21,252,000 | $114,000 | $2,640,000 | $55,000 | $611,000 |
| 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 | 147 | $12,953,000 | $88,000 | $1,003,000 | $58,000 | $611,000 |
| Application Denied By Financial Institution | 19 | $4,073,000 | $214,000 | $2,640,000 | $55,000 | $240,000 |
| Application Approved But Not Accepted | 12 | $1,731,000 | $144,000 | $1,100,000 | $31,000 | $87,000 |
| Application Withdrawn By Applicant | 8 | $2,495,000 | $311,000 | $980,000 | $33,000 | $80,000 |
| File Closed For Incompleteness | 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 M C Bank & Trust Company's 2012 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 M C Bank & Trust Company'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.
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