Southern Bank and Trust in North Carolina vs the state
11.4%Denial rate-6.65 pts vs state
11.5%Decision denial rate-11.30 pts vs state
81.6%Origination rate+23.75 pts vs state
7.25%Median rate+0.75 pts vs state
0.24Rate spread (pts)+0.15 pts vs state
$137kMedian applicant income
1,358Loans originated
190Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,693 | 1,327 | 12.1% | 7.00% | #52 |
| 2024 | 1,486 | 1,164 | 12.9% | 7.50% | #60 |
| 2025 | 1,665 | 1,358 | 11.4% | 7.25% | #59 |
What Southern Bank and Trust lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Southern Bank and Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pitt County | 244 | 204 | 27 | 11.1% |
| Nash County | 144 | 117 | 20 | 13.9% |
| Dare County | 123 | 99 | 10 | 8.1% |
| Beaufort County | 93 | 82 | 8 | 8.6% |
| Wilson County | 83 | 58 | 18 | 21.7% |
| New Hanover County | 77 | 62 | 8 | 10.4% |
| Carteret County | 64 | 56 | 5 | 7.8% |
| Wayne County | 62 | 49 | 10 | 16.1% |
| Craven County | 60 | 53 | 4 | 6.7% |
| Edgecombe County | 49 | 36 | 11 | 22.4% |
Other large lenders in North Carolina
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| State Employees' | C | 47,893 | 25.2% | 6.25% |
| Rocket Mortgage | C | 25,109 | 16.0% | 6.63% |
| United Shore Financial Services | B | 18,884 | 11.4% | 6.13% |
| Vanderbilt Mortgage and Finance | F | 15,008 | 38.0% | 7.75% |
| Truist Bank | C | 14,364 | 30.3% | 6.50% |
| Movement Mortgage | A | 11,091 | 2.6% | 6.63% |
| Navy Federal Credit Union | D | 10,565 | 19.4% | 7.13% |
| First-Citizens Bank & Trust | B | 10,319 | 19.6% | 6.38% |
| Bank of America | F | 10,276 | 28.2% | 6.24% |
| Mortgage Research Center | C | 10,029 | 17.7% | 6.25% |
Frequently asked questions
North Carolina: 1,665 applications in 2025, of which 1,358 were originated and 190 denied.
11.4% of all applications, or 11.5% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Southern Bank and Trust originated in North Carolina in 2025 was 7.25%, against a statewide median of 6.50%.
About this data. Figures are Southern Bank and Trust's own HMDA filing for properties located in North Carolina, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology