Southern Bank And Trust Company
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Southern Bank And Trust Company 2023 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Southern Bank And Trust Company Po Box 729 Mount Olive, NC 28365 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 1,943 |
| Total Mortgage Loan Application Amount | $523,655,000 |
| Average Mortgage Loan Application Amount | $229,000 |
| Highest Mortgage Loan Application Amount | $23,505,000 |
| Average Applicant Income | $171,400 |
| Highest Applicant Income | $8,181,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 with Southern Bank And Trust Company. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Southern Bank And Trust Company's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2023 breaks down Southern Bank And Trust Company's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Southern Bank And Trust Company serves its applicants.
Each category highlights the total number of mortgage applications processed by Southern Bank And Trust Company, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Southern Bank And Trust Company's mortgage activity for 2023.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Pitt County North Carolina | 171 | $ 39,775,000 | $ 232,000 | $ 166,000 |
| Nash County North Carolina | 164 | $ 30,120,000 | $ 183,000 | $ 130,000 |
| Dare County North Carolina | 129 | $ 34,315,000 | $ 266,000 | $ 187,000 |
| New Hanover County North Carolina | 112 | $ 58,700,000 | $ 524,000 | $ 321,000 |
| Beaufort County North Carolina | 102 | $ 23,200,000 | $ 227,000 | $ 167,000 |
| Virginia Beach County Virginia | 97 | $ 31,265,000 | $ 322,000 | $ 256,000 |
| Wilson County North Carolina | 91 | $ 17,945,000 | $ 197,000 | $ 133,000 |
| Wayne County North Carolina | 86 | $ 17,460,000 | $ 203,000 | $ 148,000 |
| Wake County North Carolina | 57 | $ 24,165,000 | $ 423,000 | $ 261,000 |
| Pasquotank County North Carolina | 52 | $ 11,400,000 | $ 219,000 | $ 125,000 |
| Chowan County North Carolina | 47 | $ 9,315,000 | $ 198,000 | $ 144,000 |
| Edgecombe County North Carolina | 44 | $ 4,160,000 | $ 94,000 | $ 108,000 |
| Carteret County North Carolina | 43 | $ 21,675,000 | $ 504,000 | $ 559,000 |
| Hertford County North Carolina | 43 | $ 5,435,000 | $ 126,000 | $ 154,000 |
| Chesapeake County Virginia | 42 | $ 6,820,000 | $ 162,000 | $ 144,000 |
| Brunswick County North Carolina | 40 | $ 18,480,000 | $ 462,000 | $ 303,000 |
| Duplin County North Carolina | 37 | $ 4,425,000 | $ 119,000 | $ 110,000 |
| Halifax County North Carolina | 35 | $ 4,735,000 | $ 135,000 | $ 94,000 |
| Lenoir County North Carolina | 35 | $ 8,665,000 | $ 247,000 | $ 137,000 |
| Pender County North Carolina | 35 | $ 13,715,000 | $ 391,000 | $ 211,000 |
| Bertie County North Carolina | 34 | $ 7,390,000 | $ 217,000 | $ 139,000 |
| Currituck County North Carolina | 32 | $ 15,510,000 | $ 484,000 | $ 172,000 |
| Johnston County North Carolina | 31 | $ 9,245,000 | $ 298,000 | $ 149,000 |
| Perquimans County North Carolina | 28 | $ 8,040,000 | $ 287,000 | $ 216,000 |
| Sampson County North Carolina | 26 | $ 4,300,000 | $ 165,000 | $ 142,000 |
| Craven County North Carolina | 22 | $ 4,340,000 | $ 197,000 | $ 222,000 |
| Martin County North Carolina | 22 | $ 3,460,000 | $ 157,000 | $ 107,000 |
| Norfolk County Virginia | 19 | $ 3,935,000 | $ 207,000 | $ 211,000 |
| Onslow County North Carolina | 15 | $ 5,935,000 | $ 395,000 | $ 279,000 |
| Washington County North Carolina | 14 | $ 1,790,000 | $ 127,000 | $ 99,000 |
| Camden County North Carolina | 13 | $ 2,905,000 | $ 223,000 | $ 119,000 |
| Franklin County North Carolina | 12 | $ 3,680,000 | $ 306,000 | $ 180,000 |
| Gates County North Carolina | 12 | $ 1,330,000 | $ 110,000 | $ 83,000 |
| Northampton County North Carolina | 12 | $ 1,520,000 | $ 126,000 | $ 82,000 |
| Warren County North Carolina | 11 | $ 3,165,000 | $ 287,000 | $ 199,000 |
| Greene County North Carolina | 10 | $ 2,290,000 | $ 229,000 | $ 151,000 |
| Suffolk County Virginia | 10 | $ 2,340,000 | $ 234,000 | $ 171,000 |
| Hyde County North Carolina | 9 | $ 2,505,000 | $ 278,000 | $ 104,000 |
| Isle of Wight County Virginia | 9 | $ 2,335,000 | $ 259,000 | $ 176,000 |
| Bladen County North Carolina | 8 | $ 800,000 | $ 100,000 | $ 112,000 |
| Columbus County North Carolina | 8 | $ 1,630,000 | $ 203,000 | $ 101,000 |
| Durham County North Carolina | 8 | $ 4,150,000 | $ 518,000 | $ 208,000 |
| Chatham County North Carolina | 5 | $ 1,465,000 | $ 293,000 | $ 283,000 |
| Pamlico County North Carolina | 5 | $ 1,105,000 | $ 221,000 | $ 137,000 |
| Guilford County North Carolina | 4 | $ 1,000,000 | $ 250,000 | $ 464,000 |
| Northampton County Virginia | 4 | $ 3,650,000 | $ 912,000 | $ 566,000 |
| Harnett County North Carolina | 3 | $ 1,245,000 | $ 415,000 | $ 167,000 |
| Moore County North Carolina | 3 | $ 1,875,000 | $ 625,000 | $ 503,000 |
| Tyrrell County North Carolina | 3 | $ 465,000 | $ 155,000 | $ 60,000 |
| Watauga County North Carolina | 3 | $ 1,175,000 | $ 391,000 | $ 196,000 |
| Henrico County Virginia | 3 | $ 4,575,000 | $ 1,525,000 | $ 332,000 |
| Southampton County Virginia | 3 | $ 615,000 | $ 205,000 | $ 137,000 |
| Jones County North Carolina | 2 | $ 670,000 | $ 335,000 | $ 132,000 |
| Montgomery County North Carolina | 2 | $ 760,000 | $ 380,000 | $ 612,000 |
| Orange County North Carolina | 2 | $ 440,000 | $ 220,000 | $ 212,000 |
| Scotland County North Carolina | 2 | $ 660,000 | $ 330,000 | $ 295,000 |
| Vance County North Carolina | 2 | $ 480,000 | $ 240,000 | $ 148,000 |
| Brunswick County Virginia | 2 | $ 470,000 | $ 235,000 | $ 79,000 |
| Franklin City County Virginia | 2 | $ 450,000 | $ 225,000 | $ 132,000 |
| Hampton County Virginia | 2 | $ 1,930,000 | $ 965,000 | $ 228,000 |
| James City County Virginia | 2 | $ 500,000 | $ 250,000 | $ 196,000 |
| Portsmouth County Virginia | 2 | $ 170,000 | $ 85,000 | $ 74,000 |
| Alamance County North Carolina | 1 | $ 445,000 | $ 445,000 | $ 89,000 |
| Buncombe County North Carolina | 1 | $ 285,000 | $ 285,000 | $ 84,000 |
| Catawba County North Carolina | 1 | $ 205,000 | $ 205,000 | $ 91,000 |
| Cleveland County North Carolina | 1 | $ 425,000 | $ 425,000 | $ 135,000 |
| Cumberland County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 76,000 |
| Mecklenburg County North Carolina | 1 | $ 45,000 | $ 45,000 | $ 70,000 |
| Person County North Carolina | 1 | $ 45,000 | $ 45,000 | $ 121,000 |
| Robeson County North Carolina | 1 | $ 145,000 | $ 145,000 | $ 88,000 |
| Rowan County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 235,000 |
| Stanly County North Carolina | 1 | $ 165,000 | $ 165,000 | $ 167,000 |
| Horry County South Carolina | 1 | $ 95,000 | $ 95,000 | $ 574,000 |
| Oconee County South Carolina | 1 | $ 185,000 | $ 185,000 | $ 62,000 |
| Albemarle County Virginia | 1 | $ 265,000 | $ 265,000 | $ 365,000 |
| Culpeper County Virginia | 1 | $ 725,000 | $ 725,000 | $ 203,000 |
| Gloucester County Virginia | 1 | $ 105,000 | $ 105,000 | $ 76,000 |
| Goochland County Virginia | 1 | $ 255,000 | $ 255,000 | $ 861,000 |
| Harrisonburg County Virginia | 1 | $ 245,000 | $ 245,000 | $ 150,000 |
| Lancaster County Virginia | 1 | $ 505,000 | $ 505,000 | $ 546,000 |
| Lynchburg County Virginia | 1 | $ 95,000 | $ 95,000 | $ 213,000 |
| Mecklenburg County Virginia | 1 | $ 125,000 | $ 125,000 | $ 0 |
| Nelson County Virginia | 1 | $ 475,000 | $ 475,000 | $ 262,000 |
| Newport News County Virginia | 1 | $ 265,000 | $ 265,000 | $ 0 |
| Prince George County Virginia | 1 | $ 205,000 | $ 205,000 | $ 155,000 |
| Richmond City County Virginia | 1 | $ 545,000 | $ 545,000 | $ 0 |
| Spotsylvania County Virginia | 1 | $ 1,155,000 | $ 1,155,000 | $ 614,000 |
| Washington County Virginia | 1 | $ 305,000 | $ 305,000 | $ 141,000 |
| Westmoreland County Virginia | 1 | $ 235,000 | $ 235,000 | $ 160,000 |
Mortgage Loan Application Detail Totals for Southern Bank And Trust Company in 2023
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 | 889 | $341,745,000 | $384,000 | $3,705,000 | $180,000 | $2,408,000 |
| Other Purpose | 596 | $84,170,000 | $141,000 | $2,005,000 | $200,000 | $8,181,000 |
| Refinancing | 242 | $69,020,000 | $285,000 | $23,505,000 | $196,000 | $6,056,000 |
| Home Improvement | 171 | $18,485,000 | $108,000 | $1,805,000 | $138,000 | $868,000 |
| Cash-out Refinancing | 45 | $10,235,000 | $227,000 | $1,305,000 | $143,000 | $1,242,000 |
| 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 | 1,536 | $379,090,000 | $246,000 | $3,705,000 | $190,000 | $8,181,000 |
| Not applicable | 163 | $83,345,000 | $511,000 | $23,505,000 | $0 | $0 |
| Black or African American | 122 | $19,930,000 | $163,000 | $1,405,000 | $105,000 | $581,000 |
| Not Provided | 47 | $19,345,000 | $411,000 | $1,565,000 | $208,000 | $709,000 |
| Hispanic | 37 | $7,265,000 | $196,000 | $795,000 | $131,000 | $670,000 |
| Asian | 19 | $11,635,000 | $612,000 | $2,985,000 | $234,000 | $1,080,000 |
| American Indian or Alaskan Native | 6 | $790,000 | $131,000 | $335,000 | $111,000 | $196,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $105,000 | $105,000 | $105,000 | $163,000 | $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 |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 1,925 | $517,035,000 | $268,000 | $23,505,000 | $185,000 | $8,181,000 |
| VA-guaranteed (Veterans Administration) | 16 | $6,070,000 | $379,000 | $795,000 | $157,000 | $611,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 2 | $550,000 | $275,000 | $345,000 | $68,000 | $83,000 |
| FHA-insured (Federal Housing 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 | 1,481 | $380,515,000 | $256,000 | $2,695,000 | $200,000 | $8,181,000 |
| Application Denied By Financial Institution | 245 | $50,785,000 | $207,000 | $2,985,000 | $130,000 | $1,656,000 |
| Application Approved But Not Accepted | 142 | $40,280,000 | $283,000 | $3,705,000 | $134,000 | $985,000 |
| Application Withdrawn By Applicant | 35 | $37,035,000 | $1,058,000 | $23,505,000 | $184,000 | $604,000 |
| Preapproval Approved but not Accepted | 20 | $6,180,000 | $309,000 | $765,000 | $101,000 | $410,000 |
| Preapproval Denied by Financial Institution | 14 | $7,610,000 | $543,000 | $2,005,000 | $176,000 | $773,000 |
| File Closed For Incompleteness | 6 | $1,250,000 | $208,000 | $325,000 | $86,000 | $159,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 1,684 | $465,260,000 | $276,000 | $23,505,000 | $193,000 | $8,181,000 |
| Debt-To-Income Ratio | 122 | $28,490,000 | $233,000 | $2,985,000 | $102,000 | $1,018,000 |
| Credit History | 79 | $8,065,000 | $102,000 | $605,000 | $115,000 | $1,242,000 |
| Collateral | 28 | $7,300,000 | $260,000 | $1,405,000 | $162,000 | $611,000 |
| Other | 16 | $5,170,000 | $323,000 | $2,005,000 | $284,000 | $1,656,000 |
| Credit Application Incomplete | 9 | $2,995,000 | $332,000 | $945,000 | $239,000 | $545,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $3,385,000 | $1,128,000 | $1,715,000 | $461,000 | $838,000 |
| Unverifiable Information | 1 | $1,425,000 | $1,425,000 | $1,425,000 | $776,000 | $776,000 |
| Employment History | 1 | $1,565,000 | $1,565,000 | $1,565,000 | $525,000 | $525,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Southern Bank And Trust Company's 2023 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 Southern Bank And Trust Company'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 North Carolina, download the full spreadsheet
with aggregated HMDA statistics today.