Meridian Bank Mortgage Lending & HMDA Data, 2015
In 2015, Meridian Bank of Malvern, PA reported 4,888 mortgage applications totaling $997.2 million, up 34% from 2014. The average application was for $204,001, and applicants reported an average income of $83,506. 79% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Philadelphia, PA (858), Montgomery County-Bucks County-Chester County, PA (785) and Wilmington, DE-MD-NJ (744) (applications in parentheses).
| Mortgage Company & Address | Meridian Bank 9 Old Lincoln Highway Malvern, PA 19355 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 |
| Total Number of Mortgage Applications | 4,888 |
| Total Mortgage Loan Application Amount | $997,161,000 |
| Average Mortgage Loan Application Amount | $204,001 |
| Highest Mortgage Loan Application Amount | $3,750,000 |
| Average Applicant Income | $83,506 |
| Highest Applicant Income | $1,773,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Meridian Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Philadelphia, PA | 858 | $ 144,895,000 | $ 168,875 | $ 68,000 |
| Montgomery County-Bucks County-Chester County, PA | 785 | $ 208,224,000 | $ 265,253 | $ 113,000 |
| Wilmington, DE-MD-NJ | 744 | $ 147,501,000 | $ 198,254 | $ 68,498 |
| Atlantic City-Hammonton, NJ | 437 | $ 74,246,000 | $ 169,899 | $ 76,000 |
| Camden, NJ | 326 | $ 62,578,000 | $ 191,957 | $ 101,000 |
| Salisbury, MD-DE | 296 | $ 52,949,000 | $ 178,881 | $ 64,621 |
| Reading, PA | 194 | $ 31,665,000 | $ 163,221 | $ 58,000 |
| Ocean City, NJ | 189 | $ 47,378,000 | $ 250,677 | $ 153,000 |
| Harrisburg-Carlisle, PA | 127 | $ 22,972,000 | $ 180,881 | $ 81,000 |
| New York-Jersey City-White Plains, NY-NJ | 107 | $ 28,128,000 | $ 262,878 | $ 98,560 |
| Dover, DE | 101 | $ 17,927,000 | $ 177,495 | $ 55,000 |
| Lancaster, PA | 84 | $ 14,864,000 | $ 176,952 | $ 72,000 |
| State College, PA | 76 | $ 13,451,000 | $ 176,986 | $ 79,000 |
| York-Hanover, PA | 45 | $ 7,925,000 | $ 176,111 | $ 65,000 |
| Baltimore-Columbia-Towson, MD | 41 | $ 12,291,000 | $ 299,780 | $ 99,000 |
| Gettysburg, PA | 39 | $ 7,242,000 | $ 185,692 | $ 73,000 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 37 | $ 13,681,000 | $ 369,756 | $ 89,891 |
| Allentown-Bethlehem-Easton, PA-NJ | 36 | $ 9,176,000 | $ 254,888 | $ 83,000 |
| Newark, NJ-PA | 35 | $ 10,771,000 | $ 307,742 | $ 91,571 |
| Chambersburg-Waynesboro, PA | 24 | $ 4,000,000 | $ 166,666 | $ 74,000 |
| Vineland-Bridgeton, NJ | 21 | $ 3,580,000 | $ 170,476 | $ 56,000 |
| Trenton, NJ | 19 | $ 4,535,000 | $ 238,684 | $ 122,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 12 | $ 2,711,000 | $ 225,916 | $ 86,000 |
| Lebanon, PA | 10 | $ 1,916,000 | $ 191,600 | $ 74,000 |
| Pittsburgh, PA | 10 | $ 1,901,000 | $ 190,100 | $ 88,000 |
| East Stroudsburg, PA | 9 | $ 1,002,000 | $ 111,333 | $ 93,000 |
| Tampa-St. Petersburg-Clearwater, FL | 7 | $ 782,000 | $ 111,714 | $ 45,000 |
| Scranton--Wilkes-Barre--Hazleton, PA | 6 | $ 909,000 | $ 151,500 | $ 72,000 |
| Altoona, PA | 5 | $ 759,000 | $ 151,800 | $ 64,000 |
| Atlanta-Sandy Springs-Roswell, GA | 5 | $ 901,000 | $ 180,200 | $ 104,000 |
| Bloomsburg-Berwick, PA | 5 | $ 671,000 | $ 134,200 | $ 47,000 |
| Cape Coral-Fort Myers, FL | 5 | $ 1,430,000 | $ 286,000 | $ 188,000 |
| Nassau County-Suffolk County, NY | 5 | $ 1,743,000 | $ 348,600 | $ 77,000 |
| North Port-Sarasota-Bradenton, FL | 5 | $ 1,080,000 | $ 216,000 | $ 114,000 |
| Silver Spring-Frederick-Rockville, MD | 5 | $ 1,809,000 | $ 361,800 | $ 96,000 |
| Miami-Miami Beach-Kendall, FL | 4 | $ 858,000 | $ 214,500 | $ 128,000 |
| Naples-Immokalee-Marco Island, FL | 4 | $ 1,142,000 | $ 285,500 | $ 113,000 |
| Richmond, VA | 4 | $ 794,000 | $ 198,500 | $ 60,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 3 | $ 699,000 | $ 233,000 | $ 77,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 3 | $ 382,000 | $ 127,333 | $ 103,666 |
| Roanoke, VA | 3 | $ 776,000 | $ 258,666 | $ 127,000 |
| Anaheim-Santa Ana-Irvine, CA | 2 | $ 1,535,000 | $ 767,500 | $ 0 |
| Charlotte-Concord-Gastonia, NC-SC | 2 | $ 370,000 | $ 185,000 | $ 98,000 |
| Chicago-Naperville-Arlington Heights, IL | 2 | $ 706,000 | $ 353,000 | $ 111,000 |
| Kansas City, MO-KS | 2 | $ 298,000 | $ 149,000 | $ 44,000 |
| Los Angeles-Long Beach-Glendale, CA | 2 | $ 4,085,000 | $ 2,042,500 | $ 30,000 |
| Oakland-Hayward-Berkeley, CA | 2 | $ 444,000 | $ 222,000 | $ 40,000 |
| Port St. Lucie, FL | 2 | $ 816,000 | $ 408,000 | $ 37,000 |
| Portland-South Portland, ME | 2 | $ 829,000 | $ 414,500 | $ 141,000 |
| Punta Gorda, FL | 2 | $ 456,000 | $ 228,000 | $ 153,000 |
| San Antonio-New Braunfels, TX | 2 | $ 392,000 | $ 196,000 | $ 115,000 |
| Utica-Rome, NY | 2 | $ 321,000 | $ 160,500 | $ 73,000 |
| Warren-Troy-Farmington Hills, MI | 2 | $ 466,000 | $ 233,000 | $ 25,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 2 | $ 505,000 | $ 252,500 | $ 153,000 |
| Williamsport, PA | 2 | $ 267,000 | $ 133,500 | $ 57,000 |
| Wilmington, NC | 2 | $ 464,000 | $ 232,000 | $ 132,000 |
| Albany, GA | 1 | $ 331,000 | $ 331,000 | $ 0 |
| Barnstable Town, MA | 1 | $ 219,000 | $ 219,000 | $ 0 |
| Baton Rouge, LA | 1 | $ 276,000 | $ 276,000 | $ 56,000 |
| Battle Creek, MI | 1 | $ 89,000 | $ 89,000 | $ 0 |
| Billings, MT | 1 | $ 169,000 | $ 169,000 | $ 120,000 |
| Buffalo-Cheektowaga-Niagara Falls, NY | 1 | $ 162,000 | $ 162,000 | $ 56,000 |
| Burlington, NC | 1 | $ 199,000 | $ 199,000 | $ 49,000 |
| California-Lexington Park, MD | 1 | $ 267,000 | $ 267,000 | $ 79,000 |
| Cambridge-Newton-Framingham, MA | 1 | $ 257,000 | $ 257,000 | $ 85,000 |
| Charleston-North Charleston, SC | 1 | $ 291,000 | $ 291,000 | $ 0 |
| Chattanooga, TN-GA | 1 | $ 850,000 | $ 850,000 | $ 174,000 |
| Cincinnati, OH-KY-IN | 1 | $ 128,000 | $ 128,000 | $ 34,000 |
| Clarksville, TN-KY | 1 | $ 81,000 | $ 81,000 | $ 139,000 |
| Cleveland-Elyria, OH | 1 | $ 370,000 | $ 370,000 | $ 222,000 |
| Columbia, SC | 1 | $ 113,000 | $ 113,000 | $ 49,000 |
| Fayetteville, NC | 1 | $ 181,000 | $ 181,000 | $ 92,000 |
| Flint, MI | 1 | $ 177,000 | $ 177,000 | $ 0 |
| Greeley, CO | 1 | $ 210,000 | $ 210,000 | $ 42,000 |
| Greensboro-High Point, NC | 1 | $ 238,000 | $ 238,000 | $ 73,000 |
| Greenville-Anderson-Mauldin, SC | 1 | $ 157,000 | $ 157,000 | $ 0 |
| Harrisonburg, VA | 1 | $ 220,000 | $ 220,000 | $ 74,000 |
| Indianapolis-Carmel-Anderson, IN | 1 | $ 106,000 | $ 106,000 | $ 33,000 |
| Jacksonville, NC | 1 | $ 400,000 | $ 400,000 | $ 1,689,000 |
| Johnstown, PA | 1 | $ 56,000 | $ 56,000 | $ 19,000 |
| Kalamazoo-Portage, MI | 1 | $ 125,000 | $ 125,000 | $ 70,000 |
| Killeen-Temple, TX | 1 | $ 129,000 | $ 129,000 | $ 0 |
| Lansing-East Lansing, MI | 1 | $ 158,000 | $ 158,000 | $ 65,000 |
| Lynchburg, VA | 1 | $ 165,000 | $ 165,000 | $ 27,000 |
| Memphis, TN-MS-AR | 1 | $ 172,000 | $ 172,000 | $ 66,000 |
| Mobile, AL | 1 | $ 180,000 | $ 180,000 | $ 0 |
| Monroe, LA | 1 | $ 351,000 | $ 351,000 | $ 116,000 |
| Monroe, MI | 1 | $ 171,000 | $ 171,000 | $ 94,000 |
| New Haven-Milford, CT | 1 | $ 319,000 | $ 319,000 | $ 90,000 |
| Olympia-Tumwater, WA | 1 | $ 173,000 | $ 173,000 | $ 0 |
| Orlando-Kissimmee-Sanford, FL | 1 | $ 266,000 | $ 266,000 | $ 192,000 |
| Palm Bay-Melbourne-Titusville, FL | 1 | $ 125,000 | $ 125,000 | $ 88,000 |
| Phoenix-Mesa-Scottsdale, AZ | 1 | $ 158,000 | $ 158,000 | $ 57,000 |
| Pine Bluff, AR | 1 | $ 102,000 | $ 102,000 | $ 0 |
| Providence-Warwick, RI-MA | 1 | $ 323,000 | $ 323,000 | $ 70,000 |
| Raleigh, NC | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Riverside-San Bernardino-Ontario, CA | 1 | $ 186,000 | $ 186,000 | $ 37,000 |
| Rockingham County-Strafford County, NH | 1 | $ 362,000 | $ 362,000 | $ 97,000 |
| Sacramento--Roseville--Arden-Arcade, CA | 1 | $ 329,000 | $ 329,000 | $ 141,000 |
| San Diego-Carlsbad, CA | 1 | $ 437,000 | $ 437,000 | $ 89,000 |
| Savannah, GA | 1 | $ 300,000 | $ 300,000 | $ 0 |
| Sebring, FL | 1 | $ 97,000 | $ 97,000 | $ 108,000 |
| St. Louis, MO-IL | 1 | $ 151,000 | $ 151,000 | $ 0 |
| Terre Haute, IN | 1 | $ 132,000 | $ 132,000 | $ 83,000 |
| The Villages, FL | 1 | $ 253,000 | $ 253,000 | $ 82,000 |
| Tulsa, OK | 1 | $ 401,000 | $ 401,000 | $ 98,000 |
| Wichita, KS | 1 | $ 51,000 | $ 51,000 | $ 62,000 |
| Youngstown-Warren-Boardman, OH-PA | 1 | $ 130,000 | $ 130,000 | $ 82,000 |
Mortgage Loan Application Detail Totals for Meridian Bank 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 |
|---|---|---|---|---|---|---|
| Home Purchase | 3,566 | $688,427,000 | $193,000 | $2,800,000 | $82,000 | $1,773,000 |
| Refinancing | 1,238 | $291,681,000 | $235,000 | $3,750,000 | $87,000 | $1,412,000 |
| Home Improvement | 84 | $17,053,000 | $203,000 | $700,000 | $96,000 | $324,000 |
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 | 3,412 | $725,437,000 | $212,000 | $1,300,000 | $94,000 | $1,773,000 |
| Black or African American | 674 | $110,730,000 | $164,000 | $571,000 | $58,000 | $344,000 |
| Hispanic | 462 | $67,677,000 | $146,000 | $417,000 | $47,000 | $210,000 |
| Not Provided | 150 | $35,234,000 | $234,000 | $1,620,000 | $93,000 | $1,330,000 |
| Asian | 123 | $27,002,000 | $219,000 | $620,000 | $94,000 | $291,000 |
| Not applicable | 50 | $27,340,000 | $546,000 | $3,750,000 | $0 | $0 |
| American Indian or Alaskan Native | 9 | $1,821,000 | $202,000 | $370,000 | $88,000 | $245,000 |
| Native Hawaiian or Other Pacific Islander | 8 | $1,920,000 | $240,000 | $328,000 | $93,000 | $172,000 |
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) | 2,262 | $522,579,000 | $231,000 | $3,750,000 | $117,000 | $1,773,000 |
| FHA-insured (Federal Housing Administration) | 1,924 | $327,583,000 | $170,000 | $567,000 | $52,000 | $344,000 |
| VA-guaranteed (Veterans Administration) | 435 | $103,677,000 | $238,000 | $919,000 | $68,000 | $303,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 267 | $43,322,000 | $162,000 | $398,000 | $53,000 | $104,000 |
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 | 3,869 | $790,132,000 | $204,000 | $2,800,000 | $83,000 | $1,689,000 |
| Application Withdrawn By Applicant | 423 | $84,800,000 | $200,000 | $1,190,000 | $88,000 | $1,773,000 |
| Application Denied By Financial Institution | 385 | $76,915,000 | $199,000 | $3,750,000 | $81,000 | $1,412,000 |
| File Closed For Incompleteness | 150 | $31,396,000 | $209,000 | $625,000 | $84,000 | $700,000 |
| Loan Purchased By The Institution | 48 | $9,858,000 | $205,000 | $809,000 | $102,000 | $279,000 |
| Application Approved But Not Accepted | 13 | $4,060,000 | $312,000 | $1,200,000 | $96,000 | $263,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit Application Incomplete | 148 | $29,337,000 | $198,000 | $920,000 | $97,000 | $1,412,000 |
| Collateral | 72 | $13,632,000 | $189,000 | $850,000 | $82,000 | $287,000 |
| Debt-To-Income Ratio | 53 | $10,799,000 | $203,000 | $1,240,000 | $71,000 | $394,000 |
| Credit History | 38 | $7,149,000 | $188,000 | $595,000 | $71,000 | $347,000 |
| Unverifiable Information | 17 | $2,794,000 | $164,000 | $406,000 | $76,000 | $249,000 |
| Other | 15 | $2,287,000 | $152,000 | $235,000 | $59,000 | $139,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 12 | $1,823,000 | $151,000 | $252,000 | $45,000 | $81,000 |
| Employment History | 6 | $1,115,000 | $185,000 | $408,000 | $59,000 | $97,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Meridian Bank'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 Meridian 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 Pennsylvania, 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