Southern Bancorp Bank in Mississippi vs the state
16.3%Denial rate-6.67 pts vs state
20.4%Decision denial rate-8.09 pts vs state
56.0%Origination rate+3.09 pts vs state
7.50%Median rate+0.75 pts vs state
0.77Rate spread (pts)+0.44 pts vs state
$90kMedian applicant income
155Loans originated
45Denied
Trend in Mississippi
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 172 | 143 | 9.3% | 8.50% | #88 |
| 2024 | 207 | 143 | 6.3% | 8.50% | #83 |
| 2025 | 277 | 155 | 16.3% | 7.50% | #70 |
What Southern Bancorp Bank lends in Mississippi
By loan purpose
By loan type
Why it denied Mississippi applicants
Where in Mississippi
Counties with the most Southern Bancorp Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Coahoma County | 46 | 27 | 10 | 21.7% |
| DeSoto County | 29 | 20 | 1 | 3.4% |
| Sunflower County | 28 | 12 | 9 | 32.1% |
| Hinds County | 23 | 13 | 2 | 8.7% |
| Washington County | 21 | 15 | 2 | 9.5% |
| Madison County | 20 | 12 | 5 | 25.0% |
| Bolivar County | 19 | 9 | 6 | 31.6% |
| Forrest County | 16 | 10 | 0 | 0.0% |
| Rankin County | 14 | 6 | 2 | 14.3% |
| Lamar County | 9 | 5 | 0 | 0.0% |
Other large lenders in Mississippi
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| 21st Mortgage | F | 6,764 | 48.5% | 10.56% |
| Trustmark National Bank | C | 5,531 | 12.5% | 6.75% |
| Cadence Bank | B | 5,301 | 19.2% | 7.25% |
| Regions Bank | C | 4,916 | 44.7% | 5.75% |
| Rocket Mortgage | C | 4,636 | 24.8% | 6.63% |
| Community Bank of Mississippi | C | 3,856 | 9.0% | 7.65% |
| Renasant Bank | B | 3,188 | 14.3% | 6.99% |
| Triad Financial Services | D | 3,140 | 34.4% | 8.76% |
| Vanderbilt Mortgage and Finance | F | 2,840 | 44.3% | 10.25% |
| BankPlus | B | 2,638 | 10.7% | 6.50% |
Frequently asked questions
Mississippi: 277 applications in 2025, of which 155 were originated and 45 denied.
16.3% of all applications, or 20.4% of the applications it actually decided on. The Mississippi statewide average across all lenders was 22.9%.
The median rate on loans Southern Bancorp Bank originated in Mississippi in 2025 was 7.50%, against a statewide median of 6.75%.
About this data. Figures are Southern Bancorp Bank's own HMDA filing for properties located in Mississippi, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology