Whitney National Bank Mortgage Lending & HMDA Data, 2008

In 2008, Whitney National Bank of Jefferson, LA reported 4,848 mortgage applications totaling $813.7 million, down 6% from 2007. The average application was for $167,833, and applicants reported an average income of $127,216. 62% of its applications resulted in an originated loan and 19% were denied. Its largest markets were New Orleans-Metairie-Kenner, LA (1,745), Baton Rouge, LA (610) and Houston-Sugar Land-Baytown, TX (332) (applications in parentheses).

Mortgage Company & Address Whitney National Bank
400 Labarre Road, 3rd Floor
Jefferson, LA 70121
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 4,848
Total Mortgage Loan Application Amount $813,658,000
Average Mortgage Loan Application Amount $167,833
Highest Mortgage Loan Application Amount $6,500,000
Average Applicant Income $127,216
Highest Applicant Income $9,999,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Whitney National Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Whitney National Bank by County in 2008

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Jefferson, Louisiana 633 $ 88,604,000 $ 139,974 $ 105,000
Orleans, Louisiana 619 $ 106,680,000 $ 172,342 $ 141,000
St. Tammany, Louisiana 326 $ 52,201,000 $ 160,125 $ 102,000
East Baton Rouge, Louisiana 286 $ 46,830,000 $ 163,741 $ 121,000
Harris, Texas 246 $ 96,607,000 $ 392,711 $ 265,000
Mobile, Alabama 227 $ 36,800,000 $ 162,114 $ 112,000
Ascension, Louisiana 226 $ 28,812,000 $ 127,486 $ 80,000
Lafayette, Louisiana 188 $ 25,724,000 $ 136,829 $ 124,000
Terrebonne, Louisiana 165 $ 18,522,000 $ 112,254 $ 77,000
Escambia, Florida 133 $ 24,306,000 $ 182,751 $ 114,000
Calcasieu, Louisiana 116 $ 10,248,000 $ 88,344 $ 93,000
St. Mary, Louisiana 113 $ 7,159,000 $ 63,353 $ 71,000
Pinellas, Florida 104 $ 17,724,000 $ 170,423 $ 105,000
Lafourche, Louisiana 100 $ 10,230,000 $ 102,300 $ 67,000
Tangipahoa, Louisiana 83 $ 10,885,000 $ 131,144 $ 79,000
Baldwin, Alabama 81 $ 20,758,000 $ 256,271 $ 235,000
Livingston, Louisiana 73 $ 10,080,000 $ 138,082 $ 139,000
Harrison, Mississippi 64 $ 4,865,000 $ 76,015 $ 82,000
Autauga, Alabama 63 $ 3,130,000 $ 49,682 $ 49,000
St. Bernard, Louisiana 61 $ 6,947,000 $ 113,885 $ 80,000
Hancock, Mississippi 56 $ 5,224,000 $ 93,285 $ 164,000
Butler, Alabama 54 $ 2,175,000 $ 40,277 $ 43,000
Manatee, Florida 53 $ 9,827,000 $ 185,415 $ 157,000
St. Charles, Louisiana 48 $ 4,908,000 $ 102,250 $ 72,000
Okaloosa, Florida 45 $ 15,435,000 $ 343,000 $ 261,000
Walton, Florida 42 $ 19,692,000 $ 468,857 $ 351,000
Fort Bend, Texas 42 $ 14,404,000 $ 342,952 $ 327,000
Montgomery, Alabama 39 $ 4,826,000 $ 123,743 $ 82,000
Santa Rosa, Florida 37 $ 7,471,000 $ 201,918 $ 118,000
Plaquemines, Louisiana 32 $ 3,568,000 $ 111,500 $ 65,000
St. James, Louisiana 30 $ 1,212,000 $ 40,400 $ 59,000
St. John the Baptist, Louisiana 26 $ 2,420,000 $ 93,076 $ 83,000
Assumption, Louisiana 22 $ 2,009,000 $ 91,318 $ 48,000
Iberia, Louisiana 22 $ 2,454,000 $ 111,545 $ 108,000
St. Martin, Louisiana 21 $ 1,724,000 $ 82,095 $ 58,000
Pasco, Florida 20 $ 2,855,000 $ 142,750 $ 60,000
Elmore, Alabama 17 $ 1,693,000 $ 99,588 $ 65,000
Montgomery, Texas 15 $ 2,917,000 $ 194,466 $ 254,000
Galveston, Texas 12 $ 6,042,000 $ 503,500 $ 415,000
Hillsborough, Florida 11 $ 4,923,000 $ 447,545 $ 398,000
Brazoria, Texas 11 $ 1,932,000 $ 175,636 $ 149,000
Vermilion, Louisiana 10 $ 792,000 $ 79,200 $ 65,000
Washington, Louisiana 10 $ 623,000 $ 62,300 $ 32,000
Sarasota, Florida 9 $ 9,599,000 $ 1,066,555 $ 386,000
Jackson, Mississippi 9 $ 1,417,000 $ 157,444 $ 115,000
Acadia, Louisiana 8 $ 858,000 $ 107,250 $ 49,000
Travis, Texas 8 $ 5,335,000 $ 666,875 $ 325,000
Lowndes, Alabama 7 $ 36,000 $ 5,142 $ 34,000
East Feliciana, Louisiana 7 $ 1,542,000 $ 220,285 $ 166,000
West Baton Rouge, Louisiana 7 $ 1,562,000 $ 223,142 $ 105,000
Pearl River, Mississippi 7 $ 1,024,000 $ 146,285 $ 80,000
Crenshaw, Alabama 5 $ 372,000 $ 74,400 $ 39,000
Lee, Alabama 5 $ 620,000 $ 124,000 $ 740,000
Hernando, Florida 5 $ 578,000 $ 115,600 $ 116,000
St. Landry, Louisiana 5 $ 464,000 $ 92,800 $ 38,000
Jefferson, Alabama 4 $ 669,000 $ 167,250 $ 78,000
West Feliciana, Louisiana 4 $ 536,000 $ 134,000 $ 134,000
Austin, Texas 4 $ 1,190,000 $ 297,500 $ 186,000
Iberville, Louisiana 3 $ 43,000 $ 14,333 $ 77,000
St. Helena, Louisiana 3 $ 129,000 $ 43,000 $ 52,000
Dallas, Alabama 2 $ 82,000 $ 41,000 $ 32,000
Shelby, Alabama 2 $ 352,000 $ 176,000 $ 44,000
Tallapoosa, Alabama 2 $ 1,382,000 $ 691,000 $ 254,000
Tuscaloosa, Alabama 2 $ 719,000 $ 359,500 $ 285,000
Wilcox, Alabama 2 $ 283,000 $ 141,500 $ 201,000
Eagle, Colorado 2 $ 515,000 $ 257,500 $ 754,000
Summit, Colorado 2 $ 2,120,000 $ 1,060,000 $ 505,000
Bay, Florida 2 $ 142,000 $ 71,000 $ 17,000
Lee, Florida 2 $ 1,073,000 $ 536,500 $ 264,000
Cherokee, Georgia 2 $ 10,000 $ 5,000 $ 25,000
Cobb, Georgia 2 $ 477,000 $ 238,500 $ 62,000
Gwinnett, Georgia 2 $ 262,000 $ 131,000 $ 16,000
Rapides, Louisiana 2 $ 603,000 $ 301,500 $ 190,000
Jones, Mississippi 2 $ 87,000 $ 43,500 $ 26,000
Sevier, Tennessee 2 $ 199,000 $ 99,500 $ 157,000
Bexar, Texas 2 $ 196,000 $ 98,000 $ 84,000
Comal, Texas 2 $ 371,000 $ 185,500 $ 54,000
Washington, Texas 2 $ 1,158,000 $ 579,000 $ 350,000
Chilton, Alabama 1 $ 15,000 $ 15,000 $ 75,000
Clarke, Alabama 1 $ 230,000 $ 230,000 $ 109,000
Conecuh, Alabama 1 $ 2,000 $ 2,000 $ 14,000
Covington, Alabama 1 $ 104,000 $ 104,000 $ 52,000
Houston, Alabama 1 $ 501,000 $ 501,000 $ 200,000
Limestone, Alabama 1 $ 122,000 $ 122,000 $ 47,000
Monroe, Alabama 1 $ 2,000 $ 2,000 $ 32,000
Russell, Alabama 1 $ 17,000 $ 17,000 $ 0
Washington, Alabama 1 $ 5,000 $ 5,000 $ 70,000
Ashley, Arkansas 1 $ 7,000 $ 7,000 $ 44,000
Logan, Arkansas 1 $ 174,000 $ 174,000 $ 932,000
Marin, California 1 $ 1,020,000 $ 1,020,000 $ 218,000
San Bernardino, California 1 $ 140,000 $ 140,000 $ 156,000
Arapahoe, Colorado 1 $ 1,249,000 $ 1,249,000 $ 296,000
Archuleta, Colorado 1 $ 964,000 $ 964,000 $ 150,000
Douglas, Colorado 1 $ 145,000 $ 145,000 $ 44,000
Gunnison, Colorado 1 $ 236,000 $ 236,000 $ 80,000
District of Columbia, District Of Columbia 1 $ 7,000 $ 7,000 $ 0
Alachua, Florida 1 $ 120,000 $ 120,000 $ 218,000
Duval, Florida 1 $ 188,000 $ 188,000 $ 82,000
Gulf, Florida 1 $ 400,000 $ 400,000 $ 540,000
Miami-Dade, Florida 1 $ 1,250,000 $ 1,250,000 $ 2,150,000
Orange, Florida 1 $ 143,000 $ 143,000 $ 65,000
Osceola, Florida 1 $ 270,000 $ 270,000 $ 800,000
Polk, Florida 1 $ 1,260,000 $ 1,260,000 $ 906,000
Seminole, Florida 1 $ 62,000 $ 62,000 $ 192,000
Sumter, Florida 1 $ 34,000 $ 34,000 $ 64,000
Taylor, Florida 1 $ 73,000 $ 73,000 $ 100,000
Volusia, Florida 1 $ 234,000 $ 234,000 $ 205,000
Bibb, Georgia 1 $ 161,000 $ 161,000 $ 132,000
Columbia, Georgia 1 $ 101,000 $ 101,000 $ 0
DeKalb, Georgia 1 $ 151,000 $ 151,000 $ 36,000
Fulton, Georgia 1 $ 240,000 $ 240,000 $ 130,000
Glynn, Georgia 1 $ 2,120,000 $ 2,120,000 $ 2,165,000
Allen, Louisiana 1 $ 5,000 $ 5,000 $ 39,000
Avoyelles, Louisiana 1 $ 140,000 $ 140,000 $ 91,000
Beauregard, Louisiana 1 $ 18,000 $ 18,000 $ 154,000
Caddo, Louisiana 1 $ 204,000 $ 204,000 $ 72,000
Cameron, Louisiana 1 $ 249,000 $ 249,000 $ 0
Concordia, Louisiana 1 $ 156,000 $ 156,000 $ 69,000
La Salle, Louisiana 1 $ 126,000 $ 126,000 $ 84,000
Natchitoches, Louisiana 1 $ 111,000 $ 111,000 $ 86,000
Ouachita, Louisiana 1 $ 86,000 $ 86,000 $ 60,000
Pointe Coupee, Louisiana 1 $ 400,000 $ 400,000 $ 168,000
Sabine, Louisiana 1 $ 164,000 $ 164,000 $ 300,000
Adams, Mississippi 1 $ 329,000 $ 329,000 $ 169,000
Covington, Mississippi 1 $ 35,000 $ 35,000 $ 42,000
Forrest, Mississippi 1 $ 20,000 $ 20,000 $ 53,000
George, Mississippi 1 $ 60,000 $ 60,000 $ 150,000
Hinds, Mississippi 1 $ 20,000 $ 20,000 $ 11,000
Jefferson, Mississippi 1 $ 50,000 $ 50,000 $ 96,000
Lafayette, Mississippi 1 $ 347,000 $ 347,000 $ 613,000
Lamar, Mississippi 1 $ 230,000 $ 230,000 $ 0
Lincoln, Mississippi 1 $ 152,000 $ 152,000 $ 200,000
Stone, Mississippi 1 $ 60,000 $ 60,000 $ 145,000
Webster, Mississippi 1 $ 20,000 $ 20,000 $ 282,000
Camden, Missouri 1 $ 260,000 $ 260,000 $ 117,000
Clark, Nevada 1 $ 455,000 $ 455,000 $ 2,000,000
Sandoval, New Mexico 1 $ 150,000 $ 150,000 $ 829,000
Yancey, North Carolina 1 $ 202,000 $ 202,000 $ 99,000
Aiken, South Carolina 1 $ 105,000 $ 105,000 $ 0
Beaufort, South Carolina 1 $ 212,000 $ 212,000 $ 75,000
Spartanburg, South Carolina 1 $ 145,000 $ 145,000 $ 41,000
Sullivan, Tennessee 1 $ 568,000 $ 568,000 $ 365,000
Angelina, Texas 1 $ 126,000 $ 126,000 $ 52,000
Brazos, Texas 1 $ 2,160,000 $ 2,160,000 $ 2,010,000
Dallas, Texas 1 $ 259,000 $ 259,000 $ 72,000
Ellis, Texas 1 $ 25,000 $ 25,000 $ 0
Fayette, Texas 1 $ 368,000 $ 368,000 $ 125,000
Gillespie, Texas 1 $ 640,000 $ 640,000 $ 2,967,000
Goliad, Texas 1 $ 1,500,000 $ 1,500,000 $ 768,000
Guadalupe, Texas 1 $ 215,000 $ 215,000 $ 100,000
Hays, Texas 1 $ 569,000 $ 569,000 $ 180,000
Jefferson, Texas 1 $ 136,000 $ 136,000 $ 28,000
Jones, Texas 1 $ 51,000 $ 51,000 $ 48,000
Kendall, Texas 1 $ 1,100,000 $ 1,100,000 $ 30,000
Liberty, Texas 1 $ 42,000 $ 42,000 $ 48,000
Matagorda, Texas 1 $ 108,000 $ 108,000 $ 178,000
Newton, Texas 1 $ 110,000 $ 110,000 $ 130,000
Orange, Texas 1 $ 81,000 $ 81,000 $ 55,000
San Jacinto, Texas 1 $ 2,000 $ 2,000 $ 0
Tarrant, Texas 1 $ 106,000 $ 106,000 $ 65,000
Walker, Texas 1 $ 60,000 $ 60,000 $ 240,000
Williamson, Texas 1 $ 45,000 $ 45,000 $ 0
Addison, Vermont 1 $ 156,000 $ 156,000 $ 74,000
Clarke, Virginia 1 $ 500,000 $ 500,000 $ 135,000
Fairfax, Virginia 1 $ 1,643,000 $ 1,643,000 $ 584,000
Lynchburg, Virginia 1 $ 6,000 $ 6,000 $ 42,000
Prince William, Virginia 1 $ 400,000 $ 400,000 $ 225,000
Virginia Beach, Virginia 1 $ 165,000 $ 165,000 $ 56,000
King, Washington 1 $ 572,000 $ 572,000 $ 120,000

Mortgage Loan Application Detail Totals for Whitney National Bank in 2008

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 1,816 $396,310,000 $218,000 $2,745,000 $152,000 $9,999,000
Refinancing 1,697 $379,638,000 $223,000 $6,500,000 $152,000 $6,973,000
Home Improvement 1,335 $37,710,000 $28,000 $500,000 $62,000 $728,000

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 3,590 $672,239,000 $187,000 $6,500,000 $147,000 $9,999,000
Black or African American 747 $54,162,000 $72,000 $2,000,000 $51,000 $860,000
Hispanic 236 $34,742,000 $147,000 $2,000,000 $97,000 $1,975,000
Not Provided 109 $16,183,000 $148,000 $2,000,000 $126,000 $1,650,000
Not applicable 79 $18,364,000 $232,000 $3,300,000 $2,000 $168,000
Asian 73 $16,577,000 $227,000 $2,430,000 $185,000 $3,600,000
American Indian or Alaskan Native 11 $1,104,000 $100,000 $375,000 $53,000 $108,000
Native Hawaiian or Other Pacific Islander 3 $287,000 $95,000 $159,000 $49,000 $57,000

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) 4,359 $745,427,000 $171,000 $6,500,000 $135,000 $9,999,000
FHA-insured (Federal Housing Administration) 383 $51,650,000 $134,000 $357,000 $55,000 $504,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 56 $7,732,000 $138,000 $218,000 $46,000 $70,000
VA-guaranteed (Veterans Administration) 50 $8,849,000 $176,000 $409,000 $68,000 $181,000

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 3,016 $533,957,000 $177,000 $3,300,000 $139,000 $9,999,000
Application Denied By Financial Institution 931 $65,342,000 $70,000 $2,000,000 $63,000 $1,440,000
Application Withdrawn By Applicant 434 $121,114,000 $279,000 $6,500,000 $164,000 $2,040,000
Application Approved But Not Accepted 339 $63,828,000 $188,000 $2,906,000 $145,000 $2,468,000
File Closed For Incompleteness 96 $25,852,000 $269,000 $2,430,000 $171,000 $3,600,000
Preapproval Approved but not Accepted 13 $2,212,000 $170,000 $320,000 $62,000 $114,000
Preapproval Denied by Financial Institution 11 $1,015,000 $92,000 $135,000 $33,000 $98,000
Loan Purchased By The Institution 8 $338,000 $42,000 $48,000 $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 433 $18,007,000 $41,000 $500,000 $58,000 $487,000
Debt-To-Income Ratio 387 $32,941,000 $85,000 $2,000,000 $55,000 $411,000
Collateral 48 $5,596,000 $116,000 $604,000 $108,000 $728,000
Other 41 $6,374,000 $155,000 $1,009,000 $132,000 $1,440,000
Insufficient Cash (Downpayment, Closing Cost) 16 $3,083,000 $192,000 $950,000 $71,000 $300,000
Employment History 14 $302,000 $21,000 $183,000 $38,000 $107,000
Credit Application Incomplete 2 $45,000 $22,000 $25,000 $150,000 $282,000
Unverifiable Information 1 $9,000 $9,000 $9,000 $42,000 $42,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Whitney National Bank's 2008 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 Whitney National 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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