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Farmers Bank & Trust Company

BankMagnolia, ARDirect

Farmers Bank Trust Ar has 240 closed loans in our dataset — fully analyzed and benchmarked against peers across the 4 Ps of Mortgage Shopping.

Pricing
Sound
vs. all lenders
Pull Through
Strong
closing strength
Products
Strong
FHA · Conventional
Place
Strong
Regional · 2 mkts
Safe Rate AwardsConventional SuperstarFHA SuperstarPurchase SuperstarRefinance Superstar

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Safe Rate's Summary

What They Do Well

  • Strong pull through performance
  • Particularly strong in Conventional and FHA loans

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Report Card

Farmers Bank & Trust Company performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Sound
Industry Standard
+46.9 bps above market avg
Pull Through
Closing strength
Strong
Highly Competitive
Top 40% of lenders
By Loan Product· Specialization by type
Conventional
Strong
Highly Competitive
Top 40% of lenders
FHA
Strong
Highly Competitive
Top 40% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Strong
Highly Competitive
Top 40% of lenders
Refinance
Strong
Highly Competitive
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Coverage footprint
Strong
Highly Competitive
Top 40% of lenders
Regional3 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Strong
Sound
Exceptional
19480.8%
+0.460%Above
$1,483Fees
FHA Loans
Strong
Strong
Strong
Strong
3012.5%
+0.532%Above
$1,083Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Strong
Strong
Strong
17974.6%
+0.420%Above
$1,220Fees
Refinance
Strong
Strong
Acceptable
Exceptional
6125.4%
+0.613%Above
$1,749Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
240
Applications
292
Volume
$63 million
Pricing & Closing
Avg Rate Spread
+0.469%
vs. market APOR
Avg Net Fees
$1,353
Origination − Credits
Pullthrough Rate
82.2%
Applications → Closed
Typical Borrower
Avg Loan Amount
$262,667
Avg Borrower Income
$162,079
Avg Property Value
$344,125

Geographic Coverage

Geographic Performance

Metro Areas
2
States Served
5
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

ARCOLAOKTX

Top Metro Areas by Place Specialization Score

1
Texarkana, TX, TX-ARMSA
Volume: 60Mix: 25.00%of portfolio
Place
Exceptional
2
Dallas, TXMSA
Volume: 21Mix: 8.75%of portfolio
Place
Sound

Top States by Place Specialization Score

1
ARState
Volume: 122Mix: 50.83%of portfolio
Place
Strong
2
TXState
Volume: 106Mix: 44.17%of portfolio
Place
Strong

How We Rank Lenders

Our rankings use a weighted average of scores across equally-weighted categories to evaluate lenders on a linear, raw performance scale.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
HMDA 2024Built using publicly available originated loan data from the federal government.
Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.