Shelby Co Bank A Div of Scb Mortgage Lending & HMDA Data, 2003
In 2003, Shelby Co Bank A Div of Scb of Shelbyville, IN reported 208 mortgage applications totaling $13.5 million. The average application was for $65,014, and applicants reported an average income of $81,312. 84% of its applications resulted in an originated loan and 11% were denied. Its largest markets were Indianapolis, IN (186), Muncie, IN (3) and Bloomington, IN (2) (applications in parentheses).
| Mortgage Company & Address | Shelby Co Bank A Div of Scb 29 E Washington Street Shelbyville, IN 46176 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 208 |
| Total Mortgage Loan Application Amount | $13,523,000 |
| Average Mortgage Loan Application Amount | $65,014 |
| Highest Mortgage Loan Application Amount | $600,000 |
| Average Applicant Income | $81,312 |
| Highest Applicant Income | $543,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Shelby Co Bank A Div of Scb filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Shelby, Indiana | 91 | $ 6,741,000 | $ 74,076 | $ 70,000 |
| Marion, Indiana | 38 | $ 3,046,000 | $ 80,157 | $ 114,000 |
| Hamilton, Indiana | 31 | $ 1,412,000 | $ 45,548 | $ 100,000 |
| Hancock, Indiana | 11 | $ 607,000 | $ 55,181 | $ 91,000 |
| Decatur, Indiana | 7 | $ 396,000 | $ 56,571 | $ 46,000 |
| Madison, Indiana | 6 | $ 150,000 | $ 25,000 | $ 56,000 |
| Hendricks, Indiana | 5 | $ 382,000 | $ 76,400 | $ 101,000 |
| Delaware, Indiana | 3 | $ 82,000 | $ 27,333 | $ 65,000 |
| Johnson, Indiana | 2 | $ 201,000 | $ 100,500 | $ 89,000 |
| Monroe, Indiana | 2 | $ 45,000 | $ 22,500 | $ 77,000 |
| Rush, Indiana | 2 | $ 121,000 | $ 60,500 | $ 49,000 |
| Tipton, Indiana | 2 | $ 92,000 | $ 46,000 | $ 116,000 |
| Boone, Indiana | 1 | $ 40,000 | $ 40,000 | $ 90,000 |
| Grant, Indiana | 1 | $ 4,000 | $ 4,000 | $ 39,000 |
| Jackson, Indiana | 1 | $ 11,000 | $ 11,000 | $ 28,000 |
| Morgan, Indiana | 1 | $ 34,000 | $ 34,000 | $ 62,000 |
| Ripley, Indiana | 1 | $ 66,000 | $ 66,000 | $ 44,000 |
| Tippecanoe, Indiana | 1 | $ 49,000 | $ 49,000 | $ 174,000 |
| Washington, Indiana | 1 | $ 27,000 | $ 27,000 | $ 55,000 |
| Wayne, Indiana | 1 | $ 17,000 | $ 17,000 | $ 50,000 |
Mortgage Loan Application Detail Totals for Shelby Co Bank A Div of Scb in 2003
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 (home purchase or home improvement, one-to-four family) | 93 | $8,595,000 | $92,000 | $600,000 | $80,000 | $543,000 |
| Home Purchase (one-to-four family) | 71 | $3,662,000 | $51,000 | $221,000 | $95,000 | $251,000 |
| Home Improvement (one-to-four family) | 44 | $1,266,000 | $28,000 | $100,000 | $62,000 | $276,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 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 | 192 | $12,544,000 | $65,000 | $600,000 | $73,000 | $543,000 |
| Information not provided by applicant in mail or telephone application | 7 | $203,000 | $29,000 | $62,000 | $92,000 | $215,000 |
| Other | 4 | $425,000 | $106,000 | $250,000 | $243,000 | $268,000 |
| Hispanic | 3 | $175,000 | $58,000 | $121,000 | $132,000 | $160,000 |
| Black | 2 | $176,000 | $88,000 | $166,000 | $80,000 | $106,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian or Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 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) | 208 | $13,523,000 | $65,000 | $600,000 | $81,000 | $543,000 |
| 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 | 175 | $10,222,000 | $58,000 | $600,000 | $87,000 | $276,000 |
| Application Denied By Financial Institution | 22 | $1,836,000 | $83,000 | $475,000 | $65,000 | $168,000 |
| Application Approved But Not Accepted | 9 | $1,298,000 | $144,000 | $250,000 | $76,000 | $543,000 |
| Application Withdrawn By Applicant | 2 | $167,000 | $83,000 | $130,000 | $46,000 | $59,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 8 | $481,000 | $60,000 | $88,000 | $48,000 | $90,000 |
| Debt-To-Income Ratio | 8 | $578,000 | $72,000 | $152,000 | $45,000 | $73,000 |
| Collateral | 3 | $119,000 | $39,000 | $66,000 | $70,000 | $143,000 |
| Credit Application Incomplete | 2 | $621,000 | $310,000 | $475,000 | $156,000 | $168,000 |
| Other | 1 | $37,000 | $37,000 | $37,000 | $16,000 | $16,000 |
| Unverifiable Information | 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Shelby Co Bank A Div of Scb's 2003 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 Shelby Co Bank A Div of Scb'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 Indiana, 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