The Farmers & Merchants State Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
The Farmers & Merchants State Bank 2020 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 | The Farmers & Merchants State Bank 307 N Defiance St Archbold, OH 43502 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 2,309 |
| Total Mortgage Loan Application Amount | $384,625,000 |
| Average Mortgage Loan Application Amount | $140,400 |
| Highest Mortgage Loan Application Amount | $7,005,000 |
| Average Applicant Income | $103,000 |
| Highest Applicant Income | $1,677,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 with The Farmers & Merchants State Bank. 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 The Farmers & Merchants State Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2020 breaks down The Farmers & Merchants State Bank'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 The Farmers & Merchants State Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by The Farmers & Merchants State Bank, 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 The Farmers & Merchants State Bank's mortgage activity for 2020.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Fulton County Ohio | 483 | $ 66,955,000 | $ 138,000 | $ 88,000 |
| Williams County Ohio | 348 | $ 39,780,000 | $ 114,000 | $ 77,000 |
| Adams County Indiana | 305 | $ 44,915,000 | $ 147,000 | $ 55,000 |
| Lucas County Ohio | 273 | $ 44,925,000 | $ 164,000 | $ 103,000 |
| Henry County Ohio | 136 | $ 18,870,000 | $ 138,000 | $ 86,000 |
| Defiance County Ohio | 134 | $ 16,540,000 | $ 123,000 | $ 75,000 |
| Allen County Indiana | 103 | $ 37,945,000 | $ 368,000 | $ 104,000 |
| Wood County Ohio | 98 | $ 19,440,000 | $ 198,000 | $ 112,000 |
| Jay County Indiana | 56 | $ 6,540,000 | $ 116,000 | $ 48,000 |
| Steuben County Indiana | 44 | $ 9,130,000 | $ 207,000 | $ 120,000 |
| DeKalb County Indiana | 41 | $ 6,195,000 | $ 151,000 | $ 98,000 |
| Hillsdale County Michigan | 22 | $ 2,710,000 | $ 123,000 | $ 83,000 |
| Lenawee County Michigan | 19 | $ 3,075,000 | $ 161,000 | $ 96,000 |
| Wells County Indiana | 17 | $ 2,815,000 | $ 165,000 | $ 54,000 |
| Mercer County Ohio | 13 | $ 2,165,000 | $ 166,000 | $ 70,000 |
| Paulding County Ohio | 12 | $ 1,110,000 | $ 92,000 | $ 69,000 |
| Branch County Michigan | 11 | $ 1,955,000 | $ 177,000 | $ 160,000 |
| Butler County Ohio | 10 | $ 8,790,000 | $ 879,000 | $ 100,000 |
| Hancock County Ohio | 10 | $ 1,980,000 | $ 198,000 | $ 95,000 |
| Monroe County Michigan | 9 | $ 1,735,000 | $ 192,000 | $ 114,000 |
| Van Wert County Ohio | 8 | $ 1,080,000 | $ 135,000 | $ 30,000 |
| Ottawa County Ohio | 7 | $ 1,485,000 | $ 212,000 | $ 189,000 |
| Fayette County Indiana | 6 | $ 970,000 | $ 161,000 | $ 159,000 |
| LaGrange County Indiana | 6 | $ 1,820,000 | $ 303,000 | $ 94,000 |
| Randolph County Indiana | 6 | $ 660,000 | $ 110,000 | $ 33,000 |
| Putnam County Ohio | 6 | $ 1,140,000 | $ 190,000 | $ 150,000 |
| Henry County Indiana | 5 | $ 1,265,000 | $ 253,000 | $ 31,000 |
| Kosciusko County Indiana | 5 | $ 755,000 | $ 151,000 | $ 92,000 |
| Wayne County Indiana | 5 | $ 925,000 | $ 185,000 | $ 60,000 |
| Franklin County Ohio | 5 | $ 1,185,000 | $ 237,000 | $ 99,000 |
| Seneca County Ohio | 5 | $ 1,305,000 | $ 261,000 | $ 76,000 |
| Collier County Florida | 4 | $ 2,120,000 | $ 530,000 | $ 304,000 |
| Delaware County Indiana | 4 | $ 440,000 | $ 110,000 | $ 60,000 |
| Greene County Ohio | 4 | $ 710,000 | $ 177,000 | $ 152,000 |
| Lee County Florida | 3 | $ 905,000 | $ 301,000 | $ 571,000 |
| Madison County Indiana | 3 | $ 355,000 | $ 118,000 | $ 86,000 |
| Marion County Indiana | 3 | $ 455,000 | $ 151,000 | $ 0 |
| Miami County Indiana | 3 | $ 425,000 | $ 141,000 | $ 68,000 |
| Noble County Indiana | 3 | $ 345,000 | $ 115,000 | $ 63,000 |
| Washtenaw County Michigan | 3 | $ 905,000 | $ 301,000 | $ 86,000 |
| Cuyahoga County Ohio | 3 | $ 865,000 | $ 288,000 | $ 143,000 |
| Sandusky County Ohio | 3 | $ 415,000 | $ 138,000 | $ 83,000 |
| Rockingham County Virginia | 3 | $ 855,000 | $ 285,000 | $ 81,000 |
| Pinellas County Florida | 2 | $ 1,410,000 | $ 705,000 | $ 181,000 |
| Sarasota County Florida | 2 | $ 420,000 | $ 210,000 | $ 89,000 |
| Elkhart County Indiana | 2 | $ 590,000 | $ 295,000 | $ 82,000 |
| Grant County Indiana | 2 | $ 210,000 | $ 105,000 | $ 39,000 |
| Monroe County Indiana | 2 | $ 300,000 | $ 150,000 | $ 96,000 |
| Whitley County Indiana | 2 | $ 460,000 | $ 230,000 | $ 55,000 |
| Jackson County Michigan | 2 | $ 240,000 | $ 120,000 | $ 98,000 |
| Livingston County Michigan | 2 | $ 270,000 | $ 135,000 | $ 126,000 |
| Macomb County Michigan | 2 | $ 1,780,000 | $ 890,000 | $ 0 |
| Warren County Ohio | 2 | $ 570,000 | $ 285,000 | $ 154,000 |
| Maricopa County Arizona | 1 | $ 185,000 | $ 185,000 | $ 162,000 |
| Los Angeles County California | 1 | $ 325,000 | $ 325,000 | $ 39,000 |
| Bay County Florida | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Charlotte County Florida | 1 | $ 135,000 | $ 135,000 | $ 143,000 |
| Flagler County Florida | 1 | $ 145,000 | $ 145,000 | $ 46,000 |
| Hillsborough County Florida | 1 | $ 155,000 | $ 155,000 | $ 70,000 |
| Sumter County Florida | 1 | $ 45,000 | $ 45,000 | $ 170,000 |
| Volusia County Florida | 1 | $ 265,000 | $ 265,000 | $ 125,000 |
| Franklin County Indiana | 1 | $ 285,000 | $ 285,000 | $ 70,000 |
| Hendricks County Indiana | 1 | $ 365,000 | $ 365,000 | $ 210,000 |
| Jennings County Indiana | 1 | $ 145,000 | $ 145,000 | $ 37,000 |
| Johnson County Indiana | 1 | $ 455,000 | $ 455,000 | $ 0 |
| Porter County Indiana | 1 | $ 165,000 | $ 165,000 | $ 68,000 |
| Ripley County Indiana | 1 | $ 805,000 | $ 805,000 | $ 331,000 |
| Bath County Kentucky | 1 | $ 155,000 | $ 155,000 | $ 23,000 |
| Jefferson County Kentucky | 1 | $ 225,000 | $ 225,000 | $ 107,000 |
| Allegan County Michigan | 1 | $ 275,000 | $ 275,000 | $ 204,000 |
| Kalkaska County Michigan | 1 | $ 465,000 | $ 465,000 | $ 280,000 |
| Roscommon County Michigan | 1 | $ 115,000 | $ 115,000 | $ 0 |
| Schoolcraft County Michigan | 1 | $ 95,000 | $ 95,000 | $ 68,000 |
| St. Joseph County Michigan | 1 | $ 175,000 | $ 175,000 | $ 75,000 |
| Wayne County Michigan | 1 | $ 335,000 | $ 335,000 | $ 100,000 |
| Dare County North Carolina | 1 | $ 445,000 | $ 445,000 | $ 246,000 |
| Gaston County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 146,000 |
| Allen County Ohio | 1 | $ 65,000 | $ 65,000 | $ 41,000 |
| Ashland County Ohio | 1 | $ 165,000 | $ 165,000 | $ 35,000 |
| Auglaize County Ohio | 1 | $ 115,000 | $ 115,000 | $ 173,000 |
| Delaware County Ohio | 1 | $ 85,000 | $ 85,000 | $ 40,000 |
| Erie County Ohio | 1 | $ 245,000 | $ 245,000 | $ 115,000 |
| Hamilton County Ohio | 1 | $ 7,005,000 | $ 7,005,000 | $ 0 |
| Holmes County Ohio | 1 | $ 65,000 | $ 65,000 | $ 66,000 |
| Lorain County Ohio | 1 | $ 4,235,000 | $ 4,235,000 | $ 0 |
| Miami County Ohio | 1 | $ 335,000 | $ 335,000 | $ 190,000 |
| Preble County Ohio | 1 | $ 125,000 | $ 125,000 | $ 70,000 |
| Stark County Ohio | 1 | $ 85,000 | $ 85,000 | $ 22,000 |
| Union County Ohio | 1 | $ 125,000 | $ 125,000 | $ 64,000 |
| Wayne County Ohio | 1 | $ 125,000 | $ 125,000 | $ 119,000 |
| Lancaster County Pennsylvania | 1 | $ 65,000 | $ 65,000 | $ 55,000 |
| Beaufort County South Carolina | 1 | $ 195,000 | $ 195,000 | $ 119,000 |
| Lancaster County South Carolina | 1 | $ 145,000 | $ 145,000 | $ 74,000 |
Mortgage Loan Application Detail Totals for The Farmers & Merchants State Bank in 2020
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 | 853 | $138,255,000 | $162,000 | $4,235,000 | $99,000 | $1,297,000 |
| Home Purchase | 824 | $136,900,000 | $166,000 | $5,605,000 | $78,000 | $1,677,000 |
| Cash-out Refinancing | 546 | $101,140,000 | $185,000 | $7,005,000 | $81,000 | $477,000 |
| Other Purpose | 82 | $7,960,000 | $97,000 | $295,000 | $62,000 | $234,000 |
| Home Improvement | 4 | $370,000 | $92,000 | $225,000 | $195,000 | $319,000 |
| 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 | 2,033 | $295,655,000 | $145,000 | $1,055,000 | $85,000 | $1,677,000 |
| Not Provided | 98 | $18,930,000 | $193,000 | $705,000 | $104,000 | $417,000 |
| Not applicable | 76 | $55,430,000 | $729,000 | $7,005,000 | $0 | $0 |
| Hispanic | 65 | $8,285,000 | $127,000 | $545,000 | $68,000 | $347,000 |
| Black or African American | 13 | $1,435,000 | $110,000 | $345,000 | $108,000 | $463,000 |
| American Indian or Alaskan Native | 8 | $1,080,000 | $135,000 | $255,000 | $62,000 | $169,000 |
| Asian | 7 | $1,525,000 | $217,000 | $485,000 | $99,000 | $259,000 |
| Native Hawaiian or Other Pacific Islander | 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) | 2,309 | $384,625,000 | $166,000 | $7,005,000 | $86,000 | $1,677,000 |
| 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 | 1,491 | $268,015,000 | $179,000 | $7,005,000 | $92,000 | $1,297,000 |
| Application Withdrawn By Applicant | 270 | $42,030,000 | $155,000 | $805,000 | $95,000 | $540,000 |
| Application Denied By Financial Institution | 259 | $32,785,000 | $126,000 | $705,000 | $60,000 | $535,000 |
| Preapproval Approved but not Accepted | 149 | $23,755,000 | $159,000 | $515,000 | $86,000 | $1,677,000 |
| Preapproval Denied by Financial Institution | 130 | $16,440,000 | $126,000 | $645,000 | $52,000 | $235,000 |
| Application Approved But Not Accepted | 8 | $1,220,000 | $152,000 | $295,000 | $81,000 | $126,000 |
| Loan Purchased By The Institution | 2 | $380,000 | $190,000 | $285,000 | $0 | $0 |
| File Closed For Incompleteness | 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 | 1,920 | $335,400,000 | $174,000 | $7,005,000 | $92,000 | $1,677,000 |
| Credit History | 169 | $18,055,000 | $106,000 | $425,000 | $52,000 | $146,000 |
| Debt-To-Income Ratio | 105 | $13,915,000 | $132,000 | $705,000 | $47,000 | $140,000 |
| Collateral | 58 | $8,030,000 | $138,000 | $505,000 | $79,000 | $535,000 |
| Credit Application Incomplete | 18 | $3,110,000 | $172,000 | $515,000 | $67,000 | $208,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 14 | $1,630,000 | $116,000 | $175,000 | $53,000 | $101,000 |
| Other | 13 | $1,825,000 | $140,000 | $645,000 | $76,000 | $235,000 |
| Unverifiable Information | 7 | $1,925,000 | $275,000 | $705,000 | $140,000 | $329,000 |
| Mortgage Insurance Denied | 3 | $475,000 | $158,000 | $265,000 | $59,000 | $94,000 |
| Employment History | 2 | $260,000 | $130,000 | $165,000 | $16,000 | $17,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into The Farmers & Merchants State Bank's 2020 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 The Farmers & Merchants State 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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