Simmons First Bank-Nea Mortgage Lending & HMDA Data, 2013
In 2013, Simmons First Bank-Nea of Jonesboro, AR reported 734 mortgage applications totaling $99.5 million, down 20% from 2012. The average application was for $135,561, and applicants reported an average income of $93,500. 77% of its applications resulted in an originated loan and 12% were denied. Its largest markets were Jonesboro, AR (554), Little Rock-North Little Rock-Conway, AR (17) and Memphis, TN-MS-AR (3) (applications in parentheses).
| Mortgage Company & Address | Simmons First Bank-Nea P.O. Box 7509 Jonesboro, AR 72403 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2013 2012 2011 |
| Total Number of Mortgage Applications | 734 |
| Total Mortgage Loan Application Amount | $99,502,000 |
| Average Mortgage Loan Application Amount | $135,561 |
| Highest Mortgage Loan Application Amount | $903,000 |
| Average Applicant Income | $93,500 |
| Highest Applicant Income | $1,345,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Simmons First Bank-Nea filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Craighead, Arkansas | 520 | $ 75,083,000 | $ 144,390 | $ 97,000 |
| Greene, Arkansas | 102 | $ 11,884,000 | $ 116,509 | $ 78,000 |
| Poinsett, Arkansas | 34 | $ 2,865,000 | $ 84,264 | $ 53,000 |
| Lawrence, Arkansas | 14 | $ 1,354,000 | $ 96,714 | $ 89,000 |
| Pulaski, Arkansas | 14 | $ 2,174,000 | $ 155,285 | $ 81,000 |
| Baxter, Arkansas | 11 | $ 1,170,000 | $ 106,363 | $ 137,000 |
| Mississippi, Arkansas | 9 | $ 1,000,000 | $ 111,111 | $ 70,000 |
| Randolph, Arkansas | 5 | $ 456,000 | $ 91,200 | $ 64,000 |
| Sharp, Arkansas | 5 | $ 419,000 | $ 83,800 | $ 93,000 |
| Clay, Arkansas | 4 | $ 171,000 | $ 42,750 | $ 37,000 |
| Saline, Arkansas | 3 | $ 594,000 | $ 198,000 | $ 99,000 |
| Cleburne, Arkansas | 2 | $ 492,000 | $ 246,000 | $ 268,000 |
| Jackson, Arkansas | 2 | $ 54,000 | $ 27,000 | $ 69,000 |
| Shelby, Tennessee | 2 | $ 290,000 | $ 145,000 | $ 450,000 |
| Baldwin, Alabama | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Benton, Arkansas | 1 | $ 356,000 | $ 356,000 | $ 83,000 |
| Crittenden, Arkansas | 1 | $ 205,000 | $ 205,000 | $ 124,000 |
| Cross, Arkansas | 1 | $ 78,000 | $ 78,000 | $ 73,000 |
| Fulton, Arkansas | 1 | $ 121,000 | $ 121,000 | $ 275,000 |
| Stone, Arkansas | 1 | $ 417,000 | $ 417,000 | $ 378,000 |
Mortgage Loan Application Detail Totals for Simmons First Bank-Nea in 2013
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 | 377 | $48,547,000 | $128,000 | $837,000 | $78,000 | $1,345,000 |
| Refinancing | 314 | $49,882,000 | $158,000 | $903,000 | $113,000 | $1,025,000 |
| Home Improvement | 43 | $1,073,000 | $24,000 | $100,000 | $87,000 | $1,051,000 |
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 | 648 | $89,520,000 | $138,000 | $903,000 | $103,000 | $1,345,000 |
| Not applicable | 54 | $6,616,000 | $122,000 | $837,000 | $0 | $0 |
| Black or African American | 12 | $888,000 | $74,000 | $161,000 | $60,000 | $109,000 |
| Hispanic | 11 | $766,000 | $69,000 | $247,000 | $53,000 | $91,000 |
| Asian | 5 | $1,308,000 | $261,000 | $548,000 | $139,000 | $375,000 |
| Not Provided | 3 | $244,000 | $81,000 | $115,000 | $46,000 | $105,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $160,000 | $160,000 | $160,000 | $58,000 | $58,000 |
| American Indian or Alaskan Native | 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) | 654 | $89,714,000 | $137,000 | $903,000 | $99,000 | $1,345,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 44 | $4,682,000 | $106,000 | $260,000 | $43,000 | $168,000 |
| FHA-insured (Federal Housing Administration) | 29 | $3,739,000 | $128,000 | $276,000 | $54,000 | $127,000 |
| VA-guaranteed (Veterans Administration) | 7 | $1,367,000 | $195,000 | $413,000 | $88,000 | $155,000 |
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 | 563 | $73,142,000 | $129,000 | $903,000 | $93,000 | $1,345,000 |
| Application Denied By Financial Institution | 91 | $15,200,000 | $167,000 | $800,000 | $101,000 | $1,025,000 |
| Application Withdrawn By Applicant | 53 | $7,223,000 | $136,000 | $548,000 | $95,000 | $375,000 |
| Application Approved But Not Accepted | 23 | $3,392,000 | $147,000 | $650,000 | $75,000 | $260,000 |
| File Closed For Incompleteness | 4 | $545,000 | $136,000 | $152,000 | $84,000 | $110,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 31 | $5,726,000 | $184,000 | $642,000 | $74,000 | $431,000 |
| Credit History | 28 | $3,359,000 | $119,000 | $780,000 | $69,000 | $516,000 |
| Collateral | 20 | $4,382,000 | $219,000 | $800,000 | $141,000 | $540,000 |
| Credit Application Incomplete | 7 | $991,000 | $141,000 | $344,000 | $240,000 | $1,025,000 |
| Other | 3 | $493,000 | $164,000 | $264,000 | $104,000 | $235,000 |
| Employment History | 1 | $188,000 | $188,000 | $188,000 | $118,000 | $118,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $61,000 | $61,000 | $61,000 | $43,000 | $43,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Simmons First Bank-Nea's 2013 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 Simmons First Bank-Nea'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 Arkansas, 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