The Friendship State Bank in Indiana vs the state
14.1%Denial rate-2.44 pts vs state
14.3%Decision denial rate-5.80 pts vs state
74.4%Origination rate+12.10 pts vs state
6.75%Median rate0.00 pts vs state
0.43Rate spread (pts)+0.06 pts vs state
$85kMedian applicant income
200Loans originated
38Denied
Trend in Indiana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 245 | 168 | 15.5% | 7.25% | #156 |
| 2024 | 253 | 193 | 13.8% | 6.88% | #164 |
| 2025 | 269 | 200 | 14.1% | 6.75% | #172 |
What The Friendship State Bank lends in Indiana
By loan purpose
By loan type
Why it denied Indiana applicants
Where in Indiana
Counties with the most The Friendship State Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Ripley County | 72 | 56 | 13 | 18.1% |
| Dearborn County | 59 | 42 | 9 | 15.3% |
| Switzerland County | 58 | 46 | 3 | 5.2% |
| Jefferson County | 34 | 19 | 8 | 23.5% |
| Ohio County | 20 | 19 | 0 | 0.0% |
| Franklin County | 9 | 6 | 2 | 22.2% |
| Decatur County | 7 | 5 | 1 | 14.3% |
| Jennings County | 4 | 3 | 0 | 0.0% |
| Scott County | 2 | 1 | 1 | 50.0% |
| Clark County | 1 | 1 | 0 | 0.0% |
Other large lenders in Indiana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 13,503 | 18.6% | 6.75% |
| Ruoff Mortgage Company | A | 8,860 | 4.0% | 6.75% |
| Fifth Third Bank | D | 8,693 | 27.6% | 7.75% |
| United Shore Financial Services | B | 8,659 | 12.2% | 6.38% |
| Freedom Mortgage | B | 5,454 | 8.9% | 6.25% |
| Newrez | D | 5,421 | 18.2% | 6.63% |
| First Merchants Bank | C | 5,114 | 19.9% | 6.76% |
| Fairway Independent Mortgage | B | 4,813 | 7.4% | 6.75% |
| Mortgage Research Center | C | 4,791 | 19.0% | 6.25% |
| PNC Bank | D | 4,724 | 25.1% | 7.55% |
Frequently asked questions
Indiana: 269 applications in 2025, of which 200 were originated and 38 denied.
14.1% of all applications, or 14.3% of the applications it actually decided on. The Indiana statewide average across all lenders was 16.6%.
The median rate on loans The Friendship State Bank originated in Indiana in 2025 was 6.75%, against a statewide median of 6.75%.
About this data. Figures are The Friendship State Bank's own HMDA filing for properties located in Indiana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology