River Bank & Trust Mortgage Lending & HMDA Data, 2024
In 2024, River Bank & Trust of Prattville, AL reported 1,507 mortgage applications totaling $312.2 million, down 18% from 2023. The average application was for $207,196, and applicants reported an average income of $199,940. 83% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Auburn-Opelika, AL (241), Montgomery, AL (234) and Birmingham-Hoover, AL (204) (applications in parentheses).
| Mortgage Company & Address | River Bank & Trust 2611 Legends Drive Prattville, AL 36066 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 |
| Total Number of Mortgage Applications | 1,507 |
| Total Mortgage Loan Application Amount | $312,245,000 |
| Average Mortgage Loan Application Amount | $207,196 |
| Highest Mortgage Loan Application Amount | $2,655,000 |
| Average Applicant Income | $199,940 |
| Highest Applicant Income | $4,673,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records River Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Outside any metro area | 249 | $ 55,655,000 | $ 223,514 | $ 207,491 |
| Auburn-Opelika, AL | 241 | $ 33,775,000 | $ 140,145 | $ 171,000 |
| Montgomery, AL | 234 | $ 45,280,000 | $ 193,504 | $ 160,000 |
| Birmingham-Hoover, AL | 204 | $ 39,730,000 | $ 194,754 | $ 226,000 |
| Mobile, AL | 129 | $ 33,315,000 | $ 258,255 | $ 161,000 |
| Daphne-Fairhope-Foley, AL | 88 | $ 27,300,000 | $ 310,227 | $ 205,000 |
| Dothan, AL | 74 | $ 13,750,000 | $ 185,810 | $ 302,000 |
| Decatur, AL | 72 | $ 13,970,000 | $ 194,027 | $ 139,000 |
| Huntsville, AL | 62 | $ 12,330,000 | $ 198,870 | $ 215,000 |
| Florence-Muscle Shoals, AL | 55 | $ 11,065,000 | $ 201,181 | $ 191,000 |
| Gadsden, AL | 42 | $ 4,620,000 | $ 110,000 | $ 159,000 |
| Panama City, FL | 16 | $ 5,120,000 | $ 320,000 | $ 296,000 |
| Pensacola-Ferry Pass-Brent, FL | 11 | $ 4,625,000 | $ 420,454 | $ 369,000 |
| Columbus, GA-AL | 6 | $ 1,650,000 | $ 275,000 | $ 148,333 |
| Tuscaloosa, AL | 4 | $ 290,000 | $ 72,500 | $ 2,318,000 |
| Atlanta-Sandy Springs-Roswell, GA | 3 | $ 375,000 | $ 125,000 | $ 117,000 |
| Crestview-Fort Walton Beach-Destin, FL | 3 | $ 3,465,000 | $ 1,155,000 | $ 690,000 |
| Salt Lake City, UT | 2 | $ 710,000 | $ 355,000 | $ 1,042,000 |
| Albany-Schenectady-Troy, NY | 1 | $ 245,000 | $ 245,000 | $ 183,000 |
| Anniston-Oxford-Jacksonville, AL | 1 | $ 255,000 | $ 255,000 | $ 40,000 |
| Arlington-Alexandria-Reston, VA-WV | 1 | $ 75,000 | $ 75,000 | $ 225,000 |
| Augusta-Richmond County, GA-SC | 1 | $ 275,000 | $ 275,000 | $ 107,000 |
| Chattanooga, TN-GA | 1 | $ 675,000 | $ 675,000 | $ 136,000 |
| Cleveland, TN | 1 | $ 505,000 | $ 505,000 | $ 280,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 1 | $ 155,000 | $ 155,000 | $ 432,000 |
| Gulfport-Biloxi-Pascagoula, MS | 1 | $ 505,000 | $ 505,000 | $ 290,000 |
| Jackson, MS | 1 | $ 95,000 | $ 95,000 | $ 99,000 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 1 | $ 695,000 | $ 695,000 | $ 163,000 |
| New Orleans-Metairie, LA | 1 | $ 375,000 | $ 375,000 | $ 720,000 |
| Raleigh, NC | 1 | $ 1,365,000 | $ 1,365,000 | $ 674,000 |
Mortgage Loan Application Detail Totals for River Bank & Trust in 2024
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 | 674 | $189,220,000 | $280,000 | $2,655,000 | $203,000 | $3,856,000 |
| Refinancing | 278 | $57,600,000 | $207,000 | $1,955,000 | $221,000 | $4,673,000 |
| Home Improvement | 273 | $29,345,000 | $107,000 | $1,005,000 | $182,000 | $1,625,000 |
| Other Purpose | 255 | $28,875,000 | $113,000 | $575,000 | $190,000 | $1,453,000 |
| Cash-out Refinancing | 27 | $7,205,000 | $266,000 | $695,000 | $182,000 | $720,000 |
| 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 | 1,173 | $236,595,000 | $201,000 | $2,655,000 | $201,000 | $4,673,000 |
| Not applicable | 160 | $33,530,000 | $209,000 | $1,955,000 | $0 | $0 |
| Black or African American | 71 | $12,175,000 | $171,000 | $1,325,000 | $141,000 | $587,000 |
| Not Provided | 41 | $11,465,000 | $279,000 | $1,505,000 | $215,000 | $1,031,000 |
| Hispanic | 30 | $10,610,000 | $353,000 | $1,675,000 | $215,000 | $755,000 |
| Asian | 24 | $5,880,000 | $245,000 | $845,000 | $208,000 | $952,000 |
| American Indian or Alaskan Native | 4 | $840,000 | $210,000 | $425,000 | $110,000 | $236,000 |
| Native Hawaiian or Other Pacific Islander | 4 | $1,150,000 | $287,000 | $505,000 | $614,000 | $1,158,000 |
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) | 1,474 | $302,410,000 | $205,000 | $2,655,000 | $202,000 | $4,673,000 |
| FHA-insured (Federal Housing Administration) | 18 | $4,740,000 | $263,000 | $695,000 | $93,000 | $236,000 |
| VA-guaranteed (Veterans Administration) | 14 | $5,030,000 | $359,000 | $635,000 | $144,000 | $236,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $65,000 | $65,000 | $65,000 | $29,000 | $29,000 |
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 | 1,249 | $243,595,000 | $195,000 | $2,655,000 | $210,000 | $4,673,000 |
| Application Withdrawn By Applicant | 155 | $52,425,000 | $338,000 | $1,605,000 | $185,000 | $1,100,000 |
| Application Denied By Financial Institution | 80 | $9,350,000 | $116,000 | $425,000 | $87,000 | $335,000 |
| Application Approved But Not Accepted | 22 | $6,810,000 | $309,000 | $1,505,000 | $197,000 | $1,031,000 |
| File Closed For Incompleteness | 1 | $65,000 | $65,000 | $65,000 | $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 |
|---|---|---|---|---|---|---|
| Not applicable | 1,427 | $302,895,000 | $212,000 | $2,655,000 | $206,000 | $4,673,000 |
| Debt-To-Income Ratio | 38 | $4,890,000 | $128,000 | $405,000 | $91,000 | $335,000 |
| Credit History | 36 | $3,210,000 | $89,000 | $345,000 | $87,000 | $200,000 |
| Collateral | 2 | $160,000 | $80,000 | $135,000 | $42,000 | $47,000 |
| Other | 2 | $770,000 | $385,000 | $425,000 | $93,000 | $93,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $320,000 | $160,000 | $225,000 | $47,000 | $53,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into River Bank & Trust's 2024 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 River Bank & Trust'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 Alabama, 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