Lenders › Southern Bank and Trust Company › North Carolina
Southern Bank and Trust Company in North Carolina
HMDA record for properties in North Carolina, calendar year 2024. National record · North Carolina 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 North Carolina, Southern Bank and Trust Company reported 1,486 applications and 1,164 originations for 2024, $316m in all.
Its denial rate in the state was 13.2%, below the North Carolina rate of 24.0% across all lenders and compared with the lender's national rate of 14.0%.
The median rate spread on its North Carolina originations was 0.0 percentage points (state median 0.2).
Applications in the state were down 12% on 2023.
Compared with the state and the lender's national record
| Measure | In North Carolina | North Carolina, all lenders | Southern Bank and Trust Company, all states | United States |
|---|---|---|---|---|
| Denial rate | 13.2% | 24.0% | 14.0% | 24.3% |
| Median rate spread, pp | 0.0 | 0.2 | -0.0 | 0.3 |
| Originations with spread of 1.5 pp or more | 0.7% | 11.8% | 0.6% | 15.6% |
| Average originated loan | $272k | $299k | $274k | $329k |
| Home purchase share | 46.0% | 56.3% | 43.5% | 57.0% |
| FHA-insured share | 0.0% | 11.8% | 0.0% | 13.4% |
| VA-guaranteed share | 1.2% | 11.8% | 1.1% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateNorth Carolina, all lenders
Loan purpose and loan type in North Carolina
By purpose
Home purchase 46% (535)Home improvement 5% (60)Refinancing 16% (181)Cash-out refinancing 2% (21)Other purpose 32% (367)
By type
Conventional 99% (1,148)VA 1% (14)USDA 0% (2)
Denial reasons as coded
Share of 192 denials in North Carolina by first denial reason coded (outlined bar: all lenders in the state).
Counties in North Carolina
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Pitt County | 176 | 135 | $28m | 15.9% |
| Nash County | 149 | 117 | $21m | 13.8% |
| Dare County | 126 | 101 | $37m | 9.6% |
| New Hanover County | 102 | 83 | $38m | 12.9% |
| Beaufort County | 83 | 75 | $21m | 4.9% |
| Wilson County | 78 | 57 | $13m | 18.7% |
| Wayne County | 74 | 52 | $13m | 20.5% |
| Chowan County | 52 | 41 | $9.6m | 16.0% |
| Carteret County | 40 | 34 | $20m | 10.0% |
| Pasquotank County | 42 | 32 | $6.4m | 10.5% |
| Craven County | 33 | 30 | $6.6m | 6.1% |
| Lenoir County | 31 | 28 | $5.5m | 6.5% |
| Wake County | 39 | 27 | $10m | 23.7% |
| Edgecombe County | 35 | 27 | $4.3m | 17.1% |
| Hertford County | 32 | 24 | $2.4m | 16.1% |
| Bertie County | 29 | 23 | $5.8m | 17.2% |
| Sampson County | 33 | 22 | $3.8m | 25.0% |
| Johnston County | 27 | 22 | $5.7m | 18.5% |
| Duplin County | 28 | 21 | $3.5m | 7.1% |
| Perquimans County | 28 | 20 | $6.6m | 12.0% |
| Currituck County | 27 | 20 | $8.3m | 7.4% |
| Halifax County | 25 | 19 | $5.8m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Southern Bank and Trust Company originate in North Carolina in 2024?
1,164 loans totalling $316m, from 1,486 applications reported for properties in North Carolina.
What is Southern Bank and Trust Company's denial rate in North Carolina?
13.2% of decided applications in North Carolina were denied, against 24.0% for all lenders in the state and 14.0% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which North Carolina counties does Southern Bank and Trust Company lend in most?
By originations: Pitt County (135), Nash County (117), Dare County (101), New Hanover County (83), Beaufort County (75).
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 North Carolina. Built 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.