Merchants & Farmers Bank & Tc Mortgage Lending & HMDA Data, 2010
In 2010, Merchants & Farmers Bank & Tc of Leesville, LA reported 224 mortgage applications totaling $22.6 million, down 12% from 2009. The average application was for $101,049, and applicants reported an average income of $66,879. 60% of its applications resulted in an originated loan and 15% were denied. Its largest markets were Lake Charles, LA (22), Alexandria, LA (4) and Baton Rouge, LA (2) (applications in parentheses).
| Mortgage Company & Address | Merchants & Farmers Bank & Tc 501 South Fifth St Leesville, LA 71446 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 |
| Total Number of Mortgage Applications | 224 |
| Total Mortgage Loan Application Amount | $22,635,000 |
| Average Mortgage Loan Application Amount | $101,049 |
| Highest Mortgage Loan Application Amount | $1,326,000 |
| Average Applicant Income | $66,879 |
| Highest Applicant Income | $342,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Merchants & Farmers Bank & Tc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Vernon, Louisiana | 141 | $ 12,780,000 | $ 90,638 | $ 67,000 |
| Calcasieu, Louisiana | 22 | $ 2,911,000 | $ 132,318 | $ 84,000 |
| Beauregard, Louisiana | 11 | $ 1,070,000 | $ 97,272 | $ 58,000 |
| Rapides, Louisiana | 4 | $ 508,000 | $ 127,000 | $ 37,000 |
| Sabine, Louisiana | 4 | $ 525,000 | $ 131,250 | $ 98,000 |
| East Baton Rouge, Louisiana | 2 | $ 282,000 | $ 141,000 | $ 209,000 |
| De Soto, Louisiana | 1 | $ 34,000 | $ 34,000 | $ 54,000 |
| Jefferson Davis, Louisiana | 1 | $ 1,326,000 | $ 1,326,000 | $ 0 |
| Lafayette, Louisiana | 1 | $ 154,000 | $ 154,000 | $ 191,000 |
Mortgage Loan Application Detail Totals for Merchants & Farmers Bank & Tc in 2010
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 | 103 | $8,468,000 | $82,000 | $303,000 | $66,000 | $198,000 |
| Refinancing | 81 | $11,225,000 | $138,000 | $1,326,000 | $63,000 | $342,000 |
| Home Improvement | 40 | $2,942,000 | $73,000 | $385,000 | $77,000 | $321,000 |
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 | 173 | $16,512,000 | $95,000 | $385,000 | $69,000 | $342,000 |
| Black or African American | 19 | $999,000 | $52,000 | $198,000 | $77,000 | $224,000 |
| Not applicable | 16 | $4,230,000 | $264,000 | $1,326,000 | $34,000 | $109,000 |
| American Indian or Alaskan Native | 8 | $493,000 | $61,000 | $113,000 | $55,000 | $130,000 |
| Asian | 3 | $93,000 | $31,000 | $58,000 | $48,000 | $72,000 |
| Not Provided | 3 | $256,000 | $85,000 | $135,000 | $135,000 | $175,000 |
| Hispanic | 2 | $52,000 | $26,000 | $30,000 | $55,000 | $74,000 |
| 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) | 212 | $21,411,000 | $100,000 | $1,326,000 | $67,000 | $342,000 |
| VA-guaranteed (Veterans Administration) | 8 | $721,000 | $90,000 | $190,000 | $62,000 | $125,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 3 | $238,000 | $79,000 | $89,000 | $31,000 | $41,000 |
| FHA-insured (Federal Housing Administration) | 1 | $265,000 | $265,000 | $265,000 | $85,000 | $85,000 |
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 | 134 | $15,551,000 | $116,000 | $1,326,000 | $70,000 | $342,000 |
| Application Denied By Financial Institution | 34 | $2,307,000 | $67,000 | $198,000 | $62,000 | $162,000 |
| Preapproval Denied by Financial Institution | 29 | $2,112,000 | $72,000 | $303,000 | $56,000 | $165,000 |
| Preapproval Approved but not Accepted | 13 | $1,429,000 | $109,000 | $242,000 | $52,000 | $185,000 |
| Application Approved But Not Accepted | 12 | $1,087,000 | $90,000 | $209,000 | $86,000 | $190,000 |
| Application Withdrawn By Applicant | 1 | $78,000 | $78,000 | $78,000 | $98,000 | $98,000 |
| File Closed For Incompleteness | 1 | $71,000 | $71,000 | $71,000 | $41,000 | $41,000 |
| Loan Purchased By The 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 Merchants & Farmers Bank & Tc's 2010 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 Merchants & Farmers Bank & Tc'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 Louisiana, 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