Peoples Bank Mortgage Lending & HMDA Data, 2021

In 2021, Peoples Bank of Mendenhall, MS reported 746 mortgage applications totaling $177.4 million, down 16% from 2020. The average application was for $237,801, and applicants reported an average income of $104,387. 62% of its applications resulted in an originated loan and 17% were denied. Its largest markets were Jackson, MS (117), Hattiesburg, MS (47) and Atlanta-Sandy Springs-Roswell, GA (20) (applications in parentheses).

Mortgage Company & Address Peoples Bank
Po Box 7
Mendenhall, MS 39114
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 746
Total Mortgage Loan Application Amount $177,400,000
Average Mortgage Loan Application Amount $237,801
Highest Mortgage Loan Application Amount $885,000
Average Applicant Income $104,387
Highest Applicant Income $1,255,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Peoples Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Mortgage Loan Application Totals for Peoples Bank by Metropolitan Area in 2021

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Jackson, MS 117 $ 19,655,000 $ 167,991 $ 95,000
Outside any metro area 100 $ 18,070,000 $ 180,700 $ 121,170
Hattiesburg, MS 47 $ 4,595,000 $ 97,765 $ 82,000
Atlanta-Sandy Springs-Roswell, GA 20 $ 5,800,000 $ 290,000 $ 83,000
Charleston-North Charleston, SC 17 $ 4,505,000 $ 265,000 $ 99,000
Los Angeles-Long Beach-Glendale, CA 13 $ 6,605,000 $ 508,076 $ 165,000
San Diego-Carlsbad, CA 13 $ 5,825,000 $ 448,076 $ 139,000
Kansas City, MO-KS 12 $ 2,590,000 $ 215,833 $ 96,250
Memphis, TN-MS-AR 11 $ 2,195,000 $ 199,545 $ 69,636
Phoenix-Mesa-Scottsdale, AZ 10 $ 2,900,000 $ 290,000 $ 95,000
Warren-Troy-Farmington Hills, MI 9 $ 1,855,000 $ 206,111 $ 68,000
Milwaukee-Waukesha-West Allis, WI 8 $ 1,300,000 $ 162,500 $ 67,000
Riverside-San Bernardino-Ontario, CA 8 $ 2,970,000 $ 371,250 $ 125,000
Baltimore-Columbia-Towson, MD 7 $ 3,335,000 $ 476,428 $ 138,000
Charlotte-Concord-Gastonia, NC-SC 7 $ 2,015,000 $ 287,857 $ 106,714
Houston-The Woodlands-Sugar Land, TX 7 $ 1,945,000 $ 277,857 $ 104,000
Minneapolis-St. Paul-Bloomington, MN-WI 7 $ 1,445,000 $ 206,428 $ 129,142
Palm Bay-Melbourne-Titusville, FL 7 $ 1,445,000 $ 206,428 $ 71,000
Raleigh, NC 7 $ 1,515,000 $ 216,428 $ 84,000
Chattanooga, TN-GA 6 $ 1,590,000 $ 265,000 $ 83,333
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 6 $ 1,420,000 $ 236,666 $ 113,000
Oklahoma City, OK 6 $ 1,560,000 $ 260,000 $ 143,000
Montgomery County-Bucks County-Chester County, PA 5 $ 1,185,000 $ 237,000 $ 110,000
Newark, NJ-PA 5 $ 1,595,000 $ 319,000 $ 144,800
Oakland-Hayward-Berkeley, CA 5 $ 2,645,000 $ 529,000 $ 85,000
Pittsburgh, PA 5 $ 965,000 $ 193,000 $ 93,000
Portland-Vancouver-Hillsboro, OR-WA 5 $ 1,185,000 $ 237,000 $ 79,200
Tampa-St. Petersburg-Clearwater, FL 5 $ 1,365,000 $ 273,000 $ 165,000
Asheville, NC 4 $ 1,100,000 $ 275,000 $ 92,000
Atlantic City-Hammonton, NJ 4 $ 1,000,000 $ 250,000 $ 91,000
Boston, MA 4 $ 1,840,000 $ 460,000 $ 128,000
Bremerton-Silverdale, WA 4 $ 1,770,000 $ 442,500 $ 119,000
Cambridge-Newton-Framingham, MA 4 $ 1,430,000 $ 357,500 $ 110,000
Cincinnati, OH-KY-IN 4 $ 850,000 $ 212,500 $ 82,000
Colorado Springs, CO 4 $ 1,090,000 $ 272,500 $ 85,000
Columbia, SC 4 $ 960,000 $ 240,000 $ 66,000
Daphne-Fairhope-Foley, AL 4 $ 920,000 $ 230,000 $ 342,000
Greensboro-High Point, NC 4 $ 660,000 $ 165,000 $ 66,000
Las Vegas-Henderson-Paradise, NV 4 $ 960,000 $ 240,000 $ 80,000
New York-Newark, NY 4 $ 1,820,000 $ 455,000 $ 188,000
Sacramento--Roseville--Arden-Arcade, CA 4 $ 1,610,000 $ 402,500 $ 126,000
Salt Lake City, UT 4 $ 1,330,000 $ 332,500 $ 126,000
Seattle-Bellevue-Everett, WA 4 $ 1,580,000 $ 395,000 $ 99,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 4 $ 2,470,000 $ 617,500 $ 151,500
Worcester, MA-CT 4 $ 1,120,000 $ 280,000 $ 104,000
Baton Rouge, LA 3 $ 555,000 $ 185,000 $ 72,000
Chicago-Naperville, IL 3 $ 995,000 $ 331,666 $ 131,000
Dallas-Plano-Irving, TX 3 $ 495,000 $ 165,000 $ 70,000
Denver-Aurora-Lakewood, CO 3 $ 1,065,000 $ 355,000 $ 98,000
Fort Worth-Arlington, TX 3 $ 565,000 $ 188,333 $ 69,000
Green Bay, WI 3 $ 425,000 $ 141,666 $ 70,000
Gulfport-Biloxi-Pascagoula, MS 3 $ 785,000 $ 261,666 $ 196,000
Indianapolis-Carmel-Anderson, IN 3 $ 655,000 $ 218,333 $ 82,000
Kingsport-Bristol-Bristol, TN-VA 3 $ 555,000 $ 185,000 $ 74,666
Miami-Miami Beach-Kendall, FL 3 $ 535,000 $ 178,333 $ 79,000
Myrtle Beach-Conway-North Myrtle Beach, SC-NC 3 $ 525,000 $ 175,000 $ 74,000
New Orleans-Metairie, LA 3 $ 815,000 $ 271,666 $ 97,000
Prescott Valley-Prescott, AZ 3 $ 775,000 $ 258,333 $ 110,000
Providence-Warwick, RI-MA 3 $ 1,145,000 $ 381,666 $ 138,000
Savannah, GA 3 $ 1,105,000 $ 368,333 $ 162,000
St. Louis, MO-IL 3 $ 695,000 $ 231,666 $ 114,666
Tucson, AZ 3 $ 545,000 $ 181,666 $ 76,000
Tuscaloosa, AL 3 $ 595,000 $ 198,333 $ 57,000
Albuquerque, NM 2 $ 400,000 $ 200,000 $ 43,000
Ann Arbor, MI 2 $ 410,000 $ 205,000 $ 85,000
Camden, NJ 2 $ 500,000 $ 250,000 $ 71,000
Cleveland, TN 2 $ 400,000 $ 200,000 $ 80,000
Cleveland-Elyria, OH 2 $ 430,000 $ 215,000 $ 139,000
Columbus, OH 2 $ 630,000 $ 315,000 $ 142,000
Davenport-Moline-Rock Island, IA-IL 2 $ 230,000 $ 115,000 $ 72,000
Deltona-Daytona Beach-Ormond Beach, FL 2 $ 270,000 $ 135,000 $ 123,000
Detroit-Dearborn-Livonia, MI 2 $ 240,000 $ 120,000 $ 81,000
Dover, DE 2 $ 420,000 $ 210,000 $ 49,000
Fort Wayne, IN 2 $ 270,000 $ 135,000 $ 55,000
Fresno, CA 2 $ 410,000 $ 205,000 $ 119,000
Gainesville, GA 2 $ 490,000 $ 245,000 $ 108,000
Gary, IN 2 $ 240,000 $ 120,000 $ 102,000
Hartford-West Hartford-East Hartford, CT 2 $ 490,000 $ 245,000 $ 98,000
Hickory-Lenoir-Morganton, NC 2 $ 540,000 $ 270,000 $ 62,000
Jacksonville, FL 2 $ 510,000 $ 255,000 $ 141,000
Knoxville, TN 2 $ 450,000 $ 225,000 $ 73,000
Lake County-Kenosha County, IL-WI 2 $ 710,000 $ 355,000 $ 138,000
Lakeland-Winter Haven, FL 2 $ 380,000 $ 190,000 $ 49,000
Little Rock-North Little Rock-Conway, AR 2 $ 370,000 $ 185,000 $ 126,000
Macon-Bibb County, GA 2 $ 340,000 $ 170,000 $ 46,000
Mobile, AL 2 $ 340,000 $ 170,000 $ 109,000
Montgomery, AL 2 $ 320,000 $ 160,000 $ 42,000
Mount Vernon-Anacortes, WA 2 $ 770,000 $ 385,000 $ 103,000
Nashville-Davidson--Murfreesboro--Franklin, TN 2 $ 430,000 $ 215,000 $ 72,000
New York-Jersey City-White Plains, NY-NJ 2 $ 860,000 $ 430,000 $ 154,000
Olympia-Tumwater, WA 2 $ 570,000 $ 285,000 $ 142,000
Omaha-Council Bluffs, NE-IA 2 $ 260,000 $ 130,000 $ 44,000
Orlando-Kissimmee-Sanford, FL 2 $ 730,000 $ 365,000 $ 91,000
Pensacola-Ferry Pass-Brent, FL 2 $ 490,000 $ 245,000 $ 64,000
Philadelphia, PA 2 $ 980,000 $ 490,000 $ 206,000
Portland-South Portland, ME 2 $ 430,000 $ 215,000 $ 93,000
Racine, WI 2 $ 480,000 $ 240,000 $ 112,000
Reading, PA 2 $ 580,000 $ 290,000 $ 140,000
Richmond, VA 2 $ 870,000 $ 435,000 $ 108,000
Rockingham County-Strafford County, NH 2 $ 620,000 $ 310,000 $ 153,000
Saginaw, MI 2 $ 630,000 $ 315,000 $ 146,000
Springfield, MA 2 $ 580,000 $ 290,000 $ 120,000
Springfield, MO 2 $ 350,000 $ 175,000 $ 56,000
Topeka, KS 2 $ 180,000 $ 90,000 $ 84,000
Tulsa, OK 2 $ 470,000 $ 235,000 $ 60,000
Wilmington, DE-MD-NJ 2 $ 460,000 $ 230,000 $ 119,000
Akron, OH 1 $ 295,000 $ 295,000 $ 94,000
Albany, GA 1 $ 95,000 $ 95,000 $ 78,000
Allentown-Bethlehem-Easton, PA-NJ 1 $ 215,000 $ 215,000 $ 87,000
Anaheim-Santa Ana-Irvine, CA 1 $ 555,000 $ 555,000 $ 207,000
Appleton, WI 1 $ 285,000 $ 285,000 $ 142,000
Augusta-Richmond County, GA-SC 1 $ 145,000 $ 145,000 $ 62,000
Austin-Round Rock, TX 1 $ 445,000 $ 445,000 $ 163,000
Bellingham, WA 1 $ 275,000 $ 275,000 $ 106,000
Birmingham-Hoover, AL 1 $ 355,000 $ 355,000 $ 213,000
Boulder, CO 1 $ 745,000 $ 745,000 $ 43,000
Burlington, NC 1 $ 255,000 $ 255,000 $ 51,000
Cape Coral-Fort Myers, FL 1 $ 205,000 $ 205,000 $ 84,000
Columbia, MO 1 $ 285,000 $ 285,000 $ 96,000
Columbus, GA-AL 1 $ 175,000 $ 175,000 $ 73,000
Cumberland, MD-WV 1 $ 165,000 $ 165,000 $ 81,000
Duluth, MN-WI 1 $ 145,000 $ 145,000 $ 68,000
East Stroudsburg, PA 1 $ 135,000 $ 135,000 $ 111,000
Fargo, ND-MN 1 $ 365,000 $ 365,000 $ 137,000
Fayetteville-Springdale-Rogers, AR-MO 1 $ 365,000 $ 365,000 $ 136,000
Fond Du Lac, WI 1 $ 315,000 $ 315,000 $ 256,000
Fort Collins, CO 1 $ 305,000 $ 305,000 $ 131,000
Gainesville, FL 1 $ 325,000 $ 325,000 $ 290,000
Grand Rapids-Wyoming, MI 1 $ 85,000 $ 85,000 $ 62,000
Greeley, CO 1 $ 375,000 $ 375,000 $ 174,000
Hagerstown-Martinsburg, MD-WV 1 $ 115,000 $ 115,000 $ 163,000
Hilton Head Island-Bluffton-Beaufort, SC 1 $ 445,000 $ 445,000 $ 290,000
Houma-Thibodaux, LA 1 $ 315,000 $ 315,000 $ 109,000
Huntington-Ashland, WV-KY-OH 1 $ 165,000 $ 165,000 $ 64,000
Huntsville, AL 1 $ 215,000 $ 215,000 $ 108,000
Jackson, MI 1 $ 115,000 $ 115,000 $ 27,000
Janesville-Beloit, WI 1 $ 155,000 $ 155,000 $ 137,000
Joplin, MO 1 $ 215,000 $ 215,000 $ 68,000
Kalamazoo-Portage, MI 1 $ 145,000 $ 145,000 $ 96,000
Kennewick-Richland, WA 1 $ 185,000 $ 185,000 $ 169,000
Lake Havasu City-Kingman, AZ 1 $ 245,000 $ 245,000 $ 41,000
Lancaster, PA 1 $ 615,000 $ 615,000 $ 151,000
Lexington-Fayette, KY 1 $ 205,000 $ 205,000 $ 101,000
Louisville/Jefferson County, KY-IN 1 $ 185,000 $ 185,000 $ 69,000
Manchester-Nashua, NH 1 $ 325,000 $ 325,000 $ 110,000
Modesto, CA 1 $ 165,000 $ 165,000 $ 129,000
Ogden-Clearfield, UT 1 $ 265,000 $ 265,000 $ 138,000
Oxnard-Thousand Oaks-Ventura, CA 1 $ 465,000 $ 465,000 $ 133,000
Port St. Lucie, FL 1 $ 145,000 $ 145,000 $ 58,000
Pueblo, CO 1 $ 285,000 $ 285,000 $ 155,000
Punta Gorda, FL 1 $ 285,000 $ 285,000 $ 80,000
Rapid City, SD 1 $ 255,000 $ 255,000 $ 311,000
Rocky Mount, NC 1 $ 145,000 $ 145,000 $ 76,000
Salem, OR 1 $ 425,000 $ 425,000 $ 105,000
Salisbury, MD-DE 1 $ 415,000 $ 415,000 $ 148,000
San Antonio-New Braunfels, TX 1 $ 235,000 $ 235,000 $ 0
Sebring, FL 1 $ 135,000 $ 135,000 $ 91,000
South Bend-Mishawaka, IN-MI 1 $ 315,000 $ 315,000 $ 97,000
Spokane-Spokane Valley, WA 1 $ 505,000 $ 505,000 $ 150,000
Springfield, OH 1 $ 85,000 $ 85,000 $ 70,000
Terre Haute, IN 1 $ 335,000 $ 335,000 $ 141,000
Vallejo-Fairfield, CA 1 $ 415,000 $ 415,000 $ 121,000
Washington-Baltimore-Arlington, DC 1 $ 485,000 $ 485,000 $ 114,000
Wenatchee, WA 1 $ 335,000 $ 335,000 $ 120,000
West Palm Beach-Boca Raton-Delray Beach, FL 1 $ 205,000 $ 205,000 $ 67,000
Wichita Falls, TX 1 $ 325,000 $ 325,000 $ 95,000
Winston-Salem, NC 1 $ 235,000 $ 235,000 $ 73,000
Youngstown-Warren-Boardman, OH-PA 1 $ 185,000 $ 185,000 $ 79,000
Yuba City, CA 1 $ 255,000 $ 255,000 $ 115,000

Mortgage Loan Application Detail Totals for Peoples Bank in 2021

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 306 $69,040,000 $225,000 $745,000 $102,000 $1,255,000
Cash-out Refinancing 287 $78,675,000 $274,000 $885,000 $111,000 $719,000
Refinancing 137 $28,445,000 $207,000 $745,000 $100,000 $791,000
Other Purpose 9 $925,000 $102,000 $315,000 $62,000 $153,000
Home Improvement 7 $315,000 $45,000 $105,000 $78,000 $181,000
Not Applicable 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 507 $117,355,000 $231,000 $885,000 $110,000 $1,255,000
Black or African American 119 $25,465,000 $213,000 $775,000 $78,000 $237,000
Hispanic 43 $11,205,000 $260,000 $745,000 $108,000 $264,000
Not Provided 41 $10,975,000 $267,000 $585,000 $95,000 $255,000
Asian 21 $8,435,000 $401,000 $745,000 $131,000 $296,000
Not applicable 7 $2,025,000 $289,000 $615,000 $0 $0
American Indian or Alaskan Native 5 $1,045,000 $209,000 $265,000 $74,000 $150,000
Native Hawaiian or Other Pacific Islander 2 $740,000 $370,000 $445,000 $115,000 $163,000

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
FHA-insured (Federal Housing Administration) 415 $107,655,000 $259,000 $835,000 $100,000 $311,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 267 $49,345,000 $184,000 $745,000 $108,000 $1,255,000
VA-guaranteed (Veterans Administration) 57 $19,095,000 $335,000 $885,000 $132,000 $719,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 7 $1,305,000 $186,000 $255,000 $62,000 $87,000

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 463 $106,815,000 $230,000 $695,000 $110,000 $1,255,000
Application Denied By Financial Institution 125 $32,605,000 $260,000 $885,000 $88,000 $719,000
Application Withdrawn By Applicant 105 $25,885,000 $246,000 $745,000 $100,000 $507,000
File Closed For Incompleteness 44 $10,870,000 $247,000 $655,000 $115,000 $713,000
Application Approved But Not Accepted 9 $1,225,000 $136,000 $265,000 $73,000 $141,000
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
Not applicable 621 $144,795,000 $233,000 $745,000 $108,000 $1,255,000
Credit History 58 $15,610,000 $269,000 $885,000 $110,000 $312,000
Debt-To-Income Ratio 40 $10,760,000 $269,000 $835,000 $47,000 $116,000
Insufficient Cash (Downpayment, Closing Cost) 7 $1,555,000 $222,000 $375,000 $79,000 $131,000
Employment History 5 $1,135,000 $227,000 $325,000 $99,000 $190,000
Unverifiable Information 5 $1,685,000 $337,000 $745,000 $228,000 $719,000
Collateral 4 $620,000 $155,000 $205,000 $58,000 $101,000
Other 4 $640,000 $160,000 $205,000 $54,000 $85,000
Mortgage Insurance Denied 2 $600,000 $300,000 $365,000 $72,000 $77,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Peoples Bank's 2021 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 Peoples 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.
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