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 A 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%
82nd3.3% deniedProcesswithdrawn + incomplete share, weight 15%
63rd8.9%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 169 | 125 | 10.7% | 12.5% | — | $52M |
| 2024 | 141 | 105 | 3.6% | 4.6% | — | $39M |
| 2025 | 135 | 119 | 3.0% | 3.3% | — | $43M |
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, 4 manufactured homes, 19 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 |
|---|---|---|---|
| $50k – $100k | 29 | 26 | 7.1% |
| $100k – $150k | 32 | 28 | 0.0% |
| $150k – $250k | 35 | 32 | 3.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 21 | 17 | 5.6% |
| 35–44 | 33 | 30 | 3.2% |
| 45–54 | 24 | 22 | 4.4% |
Where Farmers State Bank lends
2 states and 3 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Montana | 24 | 20 | 0.0% | — | #131 |
Frequently asked questions
Farmers State Bank denied 3.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 82nd percentile of small mortgage lenders.
In 2025, 72% of its applications were for home purchases, 21% for refinancing (including cash-out), and 7% for home improvement or other purposes. By loan type: 97% conventional, 0% FHA, 3% 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.