Farmers State Bank 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%
27th16.6% deniedProcesswithdrawn + incomplete share, weight 15%
23rd18.6%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 193 | 140 | 13.0% | 14.5% | — | $30M |
| 2024 | 183 | 113 | 18.6% | 22.1% | — | $22M |
| 2025 | 215 | 141 | 13.5% | 16.6% | — | $35M |
What Farmers State Bank 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, 13 manufactured homes, 39 investment properties.
Who gets approved at Farmers State Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 25 | 11 | 47.6% |
| $50k – $100k | 58 | 30 | 27.3% |
| $100k – $150k | 53 | 36 | 9.5% |
| $150k – $250k | 37 | 29 | 0.0% |
| Over $250k | 27 | 22 | 8.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 46 | 30 | 16.2% |
| 35–44 | 35 | 22 | 24.1% |
| 45–54 | 45 | 28 | 16.7% |
| 55–64 | 37 | 26 | 16.1% |
Where Farmers State Bank lends
3 states and 25 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Missouri | 212 | 139 | 13.7% | — | #176 |
Frequently asked questions
Farmers State Bank denied 16.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 27th percentile of small mortgage lenders.
In 2025, 66% of its applications were for home purchases, 26% for refinancing (including cash-out), and 8% 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.