Farmers & Merchants Bank of Central California at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
5th34.6% deniedProcesswithdrawn + incomplete share, weight 15%
88th2.3%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 306 | 184 | 35.0% | 36.0% | — | $62M |
| 2024 | 234 | 133 | 37.2% | 38.7% | — | $38M |
| 2025 | 216 | 132 | 33.8% | 34.6% | — | $45M |
What Farmers & Merchants Bank of Central California lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 28 investment properties.
Why Farmers & Merchants Bank of Central California denies applications
Primary reason reported for each of the 73 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Farmers & Merchants Bank of Central California
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 23 | 8 | 56.5% |
| $50k – $100k | 46 | 28 | 39.1% |
| $100k – $150k | 52 | 32 | 35.3% |
| $150k – $250k | 52 | 35 | 28.9% |
| Over $250k | 39 | 26 | 25.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 36 | 22 | 35.3% |
| 45–54 | 58 | 35 | 38.6% |
| 55–64 | 51 | 31 | 35.3% |
| 65–74 | 25 | 16 | 32.0% |
| Over 74 | 26 | 15 | 34.6% |
Where Farmers & Merchants Bank of Central California lends
1 states and 17 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 216 | 132 | 33.8% | — | #354 |
Frequently asked questions
Farmers & Merchants Bank of Central California denied 34.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 5th percentile of small mortgage lenders.
The most common reason Farmers & Merchants Bank of Central California gave in 2025 was "debt-to-income ratio", cited on 42.5% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
In 2025, 25% of its applications were for home purchases, 26% for refinancing (including cash-out), and 49% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.