Central Bank & Trust Co
LEXINGTON, KY
Central Bank & Trust Co processed 1,241 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,005 loans with a 9.8% denial rate. Home Purchase was the primary loan purpose. Based in LEXINGTON, KY. The approval rate of 81.0% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.
Portfolio scale. Central Bank & Trust Co processed 1,241 HMDA-reported mortgage applications in 2024, originating 1,005 loans and denying 121 for a denial rate of 9.8% (applicants themselves withdrew 101 files before a decision). The average loan amount was $221,986 at a 7.628% average note rate, and applicants self-reported an average income of $32,000. The lender reports under LEI 549300C5GU86M1X2DG56 from LEXINGTON, KY.
Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Central Bank & Trust Co's 81.0% origination rate tells you how often an application turned into funded money; the 9.8% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,203 applications).
How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.
Lending Activity
| Type | Applications | Originated | Denied | Avg Loan |
|---|---|---|---|---|
| Conventional | 1,203 | 980 | 117 | $222,041 |
| FHA | 31 | 20 | 3 | $216,935 |
| VA | 6 | 4 | 1 | $246,667 |
| USDA | 1 | 1 | 0 | $165,000 |
Top loan types — Central Bank & Trust Co
Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Central Bank & Trust Co (LEI: 549300C5GU86M1X2DG56) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.
Denial Analysis
Loan Purpose Breakdown
| Purpose | Applications | Originated | Avg Loan |
|---|---|---|---|
| Home Purchase | 508 | 426 | $348,248 |
| Refinancing | 256 | 222 | $166,484 |
| Home Improvement | 229 | 174 | $101,900 |
| Other | 227 | 172 | $123,987 |
| Cash-out Refinancing | 21 | 11 | $213,095 |
Geographic Coverage — Lending by Race
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 993 | 81.9% | 8.9% |
| Black or African American | 45 | 55.6% | 22.2% |
| Asian | 25 | 76.0% | 16.0% |
| Joint | 17 | 94.1% | 5.9% |
| Native Hawaiian or Other Pacific Islander | 2 | 50.0% | 50.0% |
Lending by Ethnicity
Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.
| Ethnicity | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| Not Hispanic or Latino | 1,038 | 81.8% | 9.1% |
| Hispanic or Latino | 21 | 47.6% | 33.3% |
| Joint | 20 | 80.0% | 5.0% |
Nearby Lenders in KY
Other HMDA-reporting lenders in KY with similar activity. Compare any two side-by-side.
STOCKTON MORTGAGE CORPORATION
FRANKFORT, KY
Liberty Federal Credit Union
Louisville, KY
FARM CREDIT MID-AMERICA, ACA
LOUISVILLE, KY
MAGNOLIA BANK
Elizabethtown, KY
REPUBLIC BANK & TRUST
LOUISVILLE, KY
Mortgage Lending Guides
Frequently Asked Questions
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Data Sources
Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.
Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.
Read our methodology — how this data is sourced, computed, and verified.