First Farmers Bank & Trust at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
28th17.6% deniedPricingmedian rate spread over APOR, weight 30%
39th0.31 ptsProcesswithdrawn + incomplete share, weight 15%
97th2.3%Closing coststotal loan costs ÷ loan amount, weight 10%
40th2.53% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,162 | 769 | 18.8% | 19.2% | 8.25% | $95M |
| 2024 | 1,161 | 805 | 17.1% | 17.4% | 7.88% | $176M |
| 2025 | 1,330 | 906 | 17.1% | 17.6% | 7.25% | $186M |
What First Farmers Bank & Trust 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: 635 home-equity lines, 0 reverse mortgages, 81 manufactured homes, 124 investment properties.
Why First Farmers Bank & Trust denies applications
Primary reason reported for each of the 228 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at First Farmers Bank & Trust
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 234 | 118 | 33.2% |
| $50k – $100k | 493 | 310 | 20.6% |
| $100k – $150k | 239 | 180 | 12.0% |
| $150k – $250k | 176 | 132 | 10.5% |
| Over $250k | 82 | 65 | 7.5% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 72 | 44 | 19.7% |
| 25–34 | 245 | 171 | 17.2% |
| 35–44 | 246 | 156 | 18.3% |
| 45–54 | 236 | 160 | 19.4% |
| 55–64 | 222 | 152 | 17.6% |
| 65–74 | 180 | 122 | 17.7% |
| Over 74 | 75 | 47 | 20.8% |
Where First Farmers Bank & Trust lends
11 states and 74 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
First Farmers Bank & Trust denied 17.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 28th percentile of mid-size mortgage lenders.
The most common reason First Farmers Bank & Trust gave in 2025 was "credit history", cited on 44.7% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans First Farmers Bank & Trust originated in 2025 was 7.25%, and its median rate spread over the average prime offer rate was 0.31 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 37% of its applications were for home purchases, 24% for refinancing (including cash-out), and 40% 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.