Superior Bank Mortgage Lending & HMDA Data, 2010

In 2010, Superior Bank of Birmingham, AL reported 5,658 mortgage applications totaling $908.7 million, down 3% from 2009. The average application was for $160,599, and applicants reported an average income of $82,782. 81% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Birmingham-Hoover, AL (2,004), Huntsville, AL (753) and Nashville-Davidson--Murfreesboro--Franklin, TN (339) (applications in parentheses).

Mortgage Company & Address Superior Bank
17 North 20th Street
Birmingham, AL 35203
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2007  2006  2005  
Total Number of Mortgage Applications 5,658
Total Mortgage Loan Application Amount $908,673,000
Average Mortgage Loan Application Amount $160,599
Highest Mortgage Loan Application Amount $1,369,000
Average Applicant Income $82,782
Highest Applicant Income $2,964,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Superior Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Superior Bank by County in 2010

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Jefferson, Alabama 1,181 $ 216,526,000 $ 183,341 $ 98,000
Madison, Alabama 572 $ 108,996,000 $ 190,552 $ 90,000
Shelby, Alabama 527 $ 100,469,000 $ 190,643 $ 100,000
Marshall, Alabama 239 $ 30,197,000 $ 126,347 $ 66,000
Montgomery, Alabama 224 $ 32,911,000 $ 146,924 $ 72,000
Cullman, Alabama 190 $ 26,868,000 $ 141,410 $ 81,000
Limestone, Alabama 181 $ 31,296,000 $ 172,906 $ 81,000
Lauderdale, Alabama 177 $ 23,289,000 $ 131,576 $ 62,000
Blount, Alabama 151 $ 15,113,000 $ 100,086 $ 52,000
Leon, Florida 137 $ 23,780,000 $ 173,576 $ 92,000
Davidson, Tennessee 127 $ 17,873,000 $ 140,732 $ 58,000
Floyd, Georgia 101 $ 12,463,000 $ 123,396 $ 56,000
St. Clair, Alabama 87 $ 12,027,000 $ 138,241 $ 70,000
Morgan, Alabama 84 $ 9,438,000 $ 112,357 $ 66,000
Monroe, Alabama 75 $ 7,573,000 $ 100,973 $ 58,000
Osceola, Florida 67 $ 11,195,000 $ 167,089 $ 20,000
Sumner, Tennessee 64 $ 11,901,000 $ 185,953 $ 81,000
Elmore, Alabama 60 $ 11,222,000 $ 187,033 $ 122,000
Colbert, Alabama 58 $ 6,776,000 $ 116,827 $ 58,000
Etowah, Alabama 58 $ 9,368,000 $ 161,517 $ 80,000
Calhoun, Alabama 44 $ 5,245,000 $ 119,204 $ 53,000
Talladega, Alabama 44 $ 4,560,000 $ 103,636 $ 53,000
Robertson, Tennessee 43 $ 6,362,000 $ 147,953 $ 53,000
Mobile, Alabama 42 $ 6,745,000 $ 160,595 $ 71,000
Covington, Alabama 38 $ 3,921,000 $ 103,184 $ 50,000
Walker, Alabama 38 $ 5,876,000 $ 154,631 $ 97,000
Pinellas, Florida 38 $ 7,728,000 $ 203,368 $ 165,000
Tuscaloosa, Alabama 33 $ 5,029,000 $ 152,393 $ 138,000
Orange, Florida 32 $ 5,123,000 $ 160,093 $ 31,000
Williamson, Tennessee 30 $ 5,973,000 $ 199,100 $ 157,000
Calhoun, Florida 29 $ 3,030,000 $ 104,482 $ 53,000
Franklin, Alabama 28 $ 1,842,000 $ 65,785 $ 55,000
Citrus, Florida 27 $ 2,909,000 $ 107,740 $ 41,000
Wilson, Tennessee 27 $ 4,512,000 $ 167,111 $ 60,000
Manatee, Florida 26 $ 6,425,000 $ 247,115 $ 256,000
Rutherford, Tennessee 26 $ 3,578,000 $ 137,615 $ 43,000
Polk, Florida 25 $ 3,467,000 $ 138,680 $ 0
Bartow, Georgia 25 $ 2,148,000 $ 85,920 $ 35,000
Baldwin, Alabama 23 $ 5,422,000 $ 235,739 $ 168,000
Tallapoosa, Alabama 23 $ 6,197,000 $ 269,434 $ 150,000
Winston, Alabama 22 $ 2,903,000 $ 131,954 $ 93,000
DeKalb, Alabama 21 $ 1,535,000 $ 73,095 $ 41,000
Hillsborough, Florida 19 $ 3,029,000 $ 159,421 $ 62,000
Autauga, Alabama 18 $ 2,388,000 $ 132,666 $ 59,000
Chilton, Alabama 18 $ 2,943,000 $ 163,500 $ 60,000
Marion, Alabama 18 $ 1,552,000 $ 86,222 $ 74,000
Jackson, Florida 18 $ 2,529,000 $ 140,500 $ 92,000
Hernando, Florida 17 $ 1,783,000 $ 104,882 $ 63,000
Jackson, Alabama 16 $ 2,296,000 $ 143,500 $ 81,000
Bay, Florida 16 $ 2,477,000 $ 154,812 $ 57,000
Whitfield, Georgia 16 $ 1,228,000 $ 76,750 $ 35,000
Sarasota, Florida 15 $ 3,393,000 $ 226,200 $ 179,000
Cheatham, Tennessee 15 $ 2,021,000 $ 134,733 $ 57,000
Franklin, Florida 14 $ 1,644,000 $ 117,428 $ 88,000
Marion, Florida 14 $ 1,769,000 $ 126,357 $ 57,000
Lawrence, Alabama 13 $ 1,552,000 $ 119,384 $ 58,000
Okaloosa, Florida 13 $ 2,698,000 $ 207,538 $ 83,000
Lee, Alabama 12 $ 1,649,000 $ 137,416 $ 218,000
Murray, Georgia 12 $ 849,000 $ 70,750 $ 26,000
Dallas, Alabama 11 $ 1,354,000 $ 123,090 $ 131,000
Duval, Florida 11 $ 2,227,000 $ 202,454 $ 85,000
Liberty, Florida 11 $ 1,307,000 $ 118,818 $ 89,000
Pasco, Florida 11 $ 1,817,000 $ 165,181 $ 57,000
Gadsden, Florida 10 $ 1,932,000 $ 193,200 $ 83,000
Lake, Florida 10 $ 1,392,000 $ 139,200 $ 0
Gordon, Georgia 10 $ 608,000 $ 60,800 $ 28,000
Gwinnett, Georgia 9 $ 1,231,000 $ 136,777 $ 62,000
Coosa, Alabama 8 $ 1,979,000 $ 247,375 $ 194,000
Wakulla, Florida 8 $ 1,082,000 $ 135,250 $ 44,000
Polk, Georgia 8 $ 1,021,000 $ 127,625 $ 58,000
Walker, Georgia 8 $ 650,000 $ 81,250 $ 31,000
Forrest, Mississippi 8 $ 1,335,000 $ 166,875 $ 47,000
Gulf, Florida 7 $ 1,091,000 $ 155,857 $ 129,000
Cobb, Georgia 7 $ 877,000 $ 125,285 $ 67,000
George, Mississippi 7 $ 1,007,000 $ 143,857 $ 56,000
Durham, North Carolina 7 $ 1,045,000 $ 149,285 $ 65,000
Fayette, Alabama 6 $ 645,000 $ 107,500 $ 72,000
Cherokee, Georgia 6 $ 784,000 $ 130,666 $ 64,000
Fulton, Georgia 6 $ 1,768,000 $ 294,666 $ 159,000
Harrison, Mississippi 6 $ 993,000 $ 165,500 $ 68,000
Clay, Florida 5 $ 824,000 $ 164,800 $ 66,000
Lamar, Mississippi 5 $ 792,000 $ 158,400 $ 66,000
Orange, North Carolina 5 $ 1,686,000 $ 337,200 $ 155,000
Maury, Tennessee 5 $ 771,000 $ 154,200 $ 50,000
Cherokee, Alabama 4 $ 502,000 $ 125,500 $ 73,000
Perry, Alabama 4 $ 66,000 $ 16,500 $ 26,000
Pike, Alabama 4 $ 1,008,000 $ 252,000 $ 56,000
York, South Carolina 4 $ 591,000 $ 147,750 $ 77,000
Clay, Alabama 3 $ 334,000 $ 111,333 $ 67,000
Conecuh, Alabama 3 $ 527,000 $ 175,666 $ 72,000
Escambia, Alabama 3 $ 220,000 $ 73,333 $ 31,000
Hale, Alabama 3 $ 195,000 $ 65,000 $ 60,000
Randolph, Alabama 3 $ 119,000 $ 39,666 $ 57,000
Escambia, Florida 3 $ 665,000 $ 221,666 $ 110,000
Highlands, Florida 3 $ 380,000 $ 126,666 $ 54,000
Walton, Florida 3 $ 895,000 $ 298,333 $ 314,000
Chattooga, Georgia 3 $ 306,000 $ 102,000 $ 26,000
Paulding, Georgia 3 $ 155,000 $ 51,666 $ 44,000
Dickson, Tennessee 3 $ 345,000 $ 115,000 $ 37,000
Bibb, Alabama 2 $ 255,000 $ 127,500 $ 113,000
Dale, Alabama 2 $ 315,000 $ 157,500 $ 59,000
Marengo, Alabama 2 $ 373,000 $ 186,500 $ 90,000
Washington, Alabama 2 $ 359,000 $ 179,500 $ 97,000
Alachua, Florida 2 $ 224,000 $ 112,000 $ 31,000
Charlotte, Florida 2 $ 251,000 $ 125,500 $ 38,000
Santa Rosa, Florida 2 $ 264,000 $ 132,000 $ 57,000
Columbia, Georgia 2 $ 235,000 $ 117,500 $ 92,000
Douglas, Georgia 2 $ 358,000 $ 179,000 $ 166,000
Forsyth, Georgia 2 $ 362,000 $ 181,000 $ 147,000
Gilmer, Georgia 2 $ 206,000 $ 103,000 $ 34,000
Henry, Georgia 2 $ 136,000 $ 68,000 $ 48,000
Rockdale, Georgia 2 $ 110,000 $ 55,000 $ 47,000
Leflore, Mississippi 2 $ 316,000 $ 158,000 $ 57,000
Madison, Mississippi 2 $ 436,000 $ 218,000 $ 116,000
Smith, Mississippi 2 $ 254,000 $ 127,000 $ 51,000
Catawba, North Carolina 2 $ 306,000 $ 153,000 $ 158,000
York, Pennsylvania 2 $ 486,000 $ 243,000 $ 122,000
Putnam, Tennessee 2 $ 267,000 $ 133,500 $ 61,000
Shelby, Tennessee 2 $ 197,000 $ 98,500 $ 130,000
Smith, Tennessee 2 $ 258,000 $ 129,000 $ 54,000
Clarke, Alabama 1 $ 206,000 $ 206,000 $ 90,000
Coffee, Alabama 1 $ 80,000 $ 80,000 $ 39,000
Geneva, Alabama 1 $ 70,000 $ 70,000 $ 35,000
Houston, Alabama 1 $ 207,000 $ 207,000 $ 83,000
Lamar, Alabama 1 $ 35,000 $ 35,000 $ 37,000
Macon, Alabama 1 $ 235,000 $ 235,000 $ 47,000
Wilcox, Alabama 1 $ 33,000 $ 33,000 $ 29,000
Baker, Florida 1 $ 283,000 $ 283,000 $ 80,000
Broward, Florida 1 $ 107,000 $ 107,000 $ 37,000
Indian River, Florida 1 $ 83,000 $ 83,000 $ 28,000
Jefferson, Florida 1 $ 355,000 $ 355,000 $ 69,000
Seminole, Florida 1 $ 119,000 $ 119,000 $ 0
St. Johns, Florida 1 $ 416,000 $ 416,000 $ 124,000
St. Lucie, Florida 1 $ 88,000 $ 88,000 $ 46,000
Washington, Florida 1 $ 188,000 $ 188,000 $ 86,000
Barrow, Georgia 1 $ 94,000 $ 94,000 $ 68,000
Bibb, Georgia 1 $ 125,000 $ 125,000 $ 46,000
Carroll, Georgia 1 $ 61,000 $ 61,000 $ 14,000
Catoosa, Georgia 1 $ 52,000 $ 52,000 $ 13,000
Chatham, Georgia 1 $ 84,000 $ 84,000 $ 20,000
Decatur, Georgia 1 $ 148,000 $ 148,000 $ 25,000
DeKalb, Georgia 1 $ 322,000 $ 322,000 $ 88,000
Elbert, Georgia 1 $ 67,000 $ 67,000 $ 36,000
Hall, Georgia 1 $ 250,000 $ 250,000 $ 106,000
Harris, Georgia 1 $ 120,000 $ 120,000 $ 142,000
Houston, Georgia 1 $ 75,000 $ 75,000 $ 38,000
Jackson, Georgia 1 $ 88,000 $ 88,000 $ 27,000
Lumpkin, Georgia 1 $ 102,000 $ 102,000 $ 36,000
Muscogee, Georgia 1 $ 30,000 $ 30,000 $ 39,000
Pickens, Georgia 1 $ 356,000 $ 356,000 $ 81,000
Quitman, Georgia 1 $ 338,000 $ 338,000 $ 239,000
Towns, Georgia 1 $ 155,000 $ 155,000 $ 161,000
Troup, Georgia 1 $ 127,000 $ 127,000 $ 111,000
Walton, Georgia 1 $ 90,000 $ 90,000 $ 50,000
DuPage, Illinois 1 $ 96,000 $ 96,000 $ 67,000
Rapides, Louisiana 1 $ 115,000 $ 115,000 $ 48,000
Cumberland, Maine 1 $ 413,000 $ 413,000 $ 131,000
Oakland, Michigan 1 $ 295,000 $ 295,000 $ 292,000
Carroll, Mississippi 1 $ 360,000 $ 360,000 $ 120,000
Clarke, Mississippi 1 $ 55,000 $ 55,000 $ 22,000
Jackson, Mississippi 1 $ 111,000 $ 111,000 $ 33,000
Jones, Mississippi 1 $ 256,000 $ 256,000 $ 74,000
Lafayette, Mississippi 1 $ 146,000 $ 146,000 $ 154,000
Marshall, Mississippi 1 $ 104,000 $ 104,000 $ 78,000
Oktibbeha, Mississippi 1 $ 193,000 $ 193,000 $ 99,000
Stone, Mississippi 1 $ 152,000 $ 152,000 $ 84,000
Chatham, North Carolina 1 $ 171,000 $ 171,000 $ 144,000
Guilford, North Carolina 1 $ 58,000 $ 58,000 $ 50,000
Jackson, North Carolina 1 $ 277,000 $ 277,000 $ 366,000
Mecklenburg, North Carolina 1 $ 239,000 $ 239,000 $ 49,000
Charleston, South Carolina 1 $ 125,000 $ 125,000 $ 53,000
Giles, Tennessee 1 $ 162,000 $ 162,000 $ 0
Hickman, Tennessee 1 $ 150,000 $ 150,000 $ 60,000
Humphreys, Tennessee 1 $ 94,000 $ 94,000 $ 31,000
Lauderdale, Tennessee 1 $ 112,000 $ 112,000 $ 23,000
Marion, Tennessee 1 $ 89,000 $ 89,000 $ 45,000
Marshall, Tennessee 1 $ 80,000 $ 80,000 $ 28,000
Montgomery, Tennessee 1 $ 133,000 $ 133,000 $ 47,000
Sevier, Tennessee 1 $ 417,000 $ 417,000 $ 222,000
Trousdale, Tennessee 1 $ 70,000 $ 70,000 $ 53,000
Denton, Texas 1 $ 148,000 $ 148,000 $ 57,000
Travis, Texas 1 $ 111,000 $ 111,000 $ 207,000
Arlington, Virginia 1 $ 325,000 $ 325,000 $ 155,000
James City, Virginia 1 $ 322,000 $ 322,000 $ 88,000

Mortgage Loan Application Detail Totals for Superior Bank in 2010

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 2,750 $411,527,000 $149,000 $825,000 $75,000 $2,964,000
Refinancing 2,679 $493,814,000 $184,000 $1,369,000 $94,000 $1,576,000
Home Improvement 229 $3,332,000 $14,000 $300,000 $45,000 $491,000

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 4,575 $748,582,000 $163,000 $1,000,000 $88,000 $2,964,000
Black or African American 511 $69,046,000 $135,000 $700,000 $63,000 $547,000
Not Provided 228 $44,503,000 $195,000 $1,369,000 $88,000 $750,000
Hispanic 143 $17,891,000 $125,000 $446,000 $57,000 $936,000
Not applicable 106 $11,340,000 $106,000 $625,000 $0 $0
Asian 75 $14,459,000 $192,000 $410,000 $72,000 $243,000
American Indian or Alaskan Native 10 $1,318,000 $131,000 $260,000 $66,000 $108,000
Native Hawaiian or Other Pacific Islander 10 $1,534,000 $153,000 $415,000 $64,000 $136,000

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) 3,876 $651,948,000 $168,000 $1,369,000 $95,000 $2,964,000
FHA-insured (Federal Housing Administration) 1,429 $197,819,000 $138,000 $350,000 $55,000 $692,000
VA-guaranteed (Veterans Administration) 252 $47,777,000 $189,000 $488,000 $67,000 $240,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 101 $11,129,000 $110,000 $233,000 $37,000 $76,000

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 4,607 $744,152,000 $161,000 $1,369,000 $86,000 $2,964,000
Application Denied By Financial Institution 500 $68,020,000 $136,000 $913,000 $57,000 $595,000
Application Withdrawn By Applicant 398 $70,041,000 $175,000 $681,000 $75,000 $384,000
File Closed For Incompleteness 125 $22,660,000 $181,000 $1,000,000 $76,000 $915,000
Application Approved But Not Accepted 28 $3,800,000 $135,000 $560,000 $78,000 $448,000
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
Credit History 184 $19,869,000 $107,000 $563,000 $45,000 $248,000
Collateral 104 $19,961,000 $191,000 $913,000 $96,000 $340,000
Debt-To-Income Ratio 100 $13,132,000 $131,000 $416,000 $44,000 $182,000
Other 62 $8,009,000 $129,000 $378,000 $52,000 $595,000
Credit Application Incomplete 19 $2,700,000 $142,000 $312,000 $56,000 $125,000
Unverifiable Information 12 $1,674,000 $139,000 $316,000 $25,000 $112,000
Insufficient Cash (Downpayment, Closing Cost) 11 $1,389,000 $126,000 $302,000 $56,000 $163,000
Employment History 8 $1,286,000 $160,000 $256,000 $74,000 $139,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Superior Bank's 2010 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 Superior 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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