Lenders › First Farmers and Merchants Bank › Tennessee
First Farmers and Merchants Bank in Tennessee
HMDA record for properties in Tennessee, calendar year 2024. National record · Tennessee overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In Tennessee, First Farmers and Merchants Bank reported 391 applications and 263 originations for 2024, $43m in all.
Its denial rate in the state was 22.7%, close to the Tennessee rate of 22.6% across all lenders and compared with the lender's national rate of 22.4%.
The median rate spread on its Tennessee originations was 0.4 percentage points (state median 0.3).
Applications in the state were down 22% on 2023.
Compared with the state and the lender's national record
| Measure | In Tennessee | Tennessee, all lenders | First Farmers and Merchants Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 22.7% | 22.6% | 22.4% | 24.3% |
| Median rate spread, pp | 0.4 | 0.3 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 16.3% | 14.7% | 16.1% | 15.6% |
| Average originated loan | $162k | $302k | $173k | $329k |
| Home purchase share | 16.3% | 55.5% | 16.9% | 57.0% |
| FHA-insured share | 0.0% | 15.5% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 10.0% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateTennessee, all lenders
Loan purpose and loan type in Tennessee
By purpose
Home purchase 16% (43)Home improvement 34% (90)Refinancing 30% (78)Other purpose 20% (52)
By type
Conventional 100% (263)
Denial reasons as coded
Share of 82 denials in Tennessee by first denial reason coded (outlined bar: all lenders in the state).
Counties in Tennessee
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Maury County | 122 | 83 | $13m | 21.1% |
| Lawrence County | 84 | 59 | $6.9m | 21.8% |
| Williamson County | 47 | 35 | $9.8m | 15.9% |
| Hickman County | 34 | 21 | $2.3m | 34.4% |
| Davidson County | 25 | 13 | $3.3m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did First Farmers and Merchants Bank originate in Tennessee in 2024?
263 loans totalling $43m, from 391 applications reported for properties in Tennessee.
What is First Farmers and Merchants Bank's denial rate in Tennessee?
22.7% of decided applications in Tennessee were denied, against 22.6% for all lenders in the state and 22.4% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Tennessee counties does First Farmers and Merchants Bank lend in most?
By originations: Maury County (83), Lawrence County (59), Williamson County (35), Hickman County (21), Davidson County (13).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Tennessee. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.