Question 1

How many mortgage applications did First Century Bank process?

Accepted Answer

First Century Bank processed 225 mortgage applications in the 2024 HMDA reporting year. Of these, 173 were originated (approved and funded), 26 were withdrawn by the applicant, and 23 were denied.

Question 2

What is First Century Bank's mortgage approval rate?

Accepted Answer

First Century Bank has an approval (origination) rate of 76.9%, meaning 76.9% of all applications resulted in a funded mortgage. The denial rate is 10.2%.

Question 3

What is the average loan amount at First Century Bank?

Accepted Answer

The average mortgage loan amount at First Century Bank is $325,489.

Question 4

What types of mortgage loans does First Century Bank offer?

Accepted Answer

First Century Bank processes Conventional loans. The most common type is Conventional with 225 applications and an average loan amount of $325,489.

Question 5

What loan purposes does First Century Bank serve?

Accepted Answer

First Century Bank serves the following loan purposes: Home Purchase (169 applications), Refinancing (35 applications), Home Improvement (15 applications), Other (6 applications). Home Purchase is the most common purpose.

Question 6

Where is First Century Bank located?

Accepted Answer

First Century Bank is headquartered in Tazewell, TN. The lender is identified by LEI 549300F1D8U51K67LV24 in HMDA data.

Question 7

Where does First Century Bank sit among U.S. mortgage lenders?

Accepted Answer

According to CFPB HMDA 2024 originated-loan volume among all listed lenders, First Century Bank ranks #2,209 of 4,908, and #59 of 136 among lenders headquartered in TN. It is below the 1,000-application origination-share board (225 applications). Its originated-loan count is higher than 55% of the 4,908 reporting lenders in this 2024 HMDA population. Ordinals use originated DESC matching the /lenders default sort. See /methodology#corpus-placement.

Question 8

How does First Century Bank compare in lending across racial demographics?

Accepted Answer

First Century Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 77.0% and denial rate of 9.8%; Asian applicants have an approval rate of 0.0% and denial rate of 100.0%. This data reflects derived race categories as reported by applicants.

Purpose	Applications	Originated	Avg Loan
Home Purchase	169	128	$343,521
Refinancing	35	29	$268,714
Home Improvement	15	12	$123,000
Other	6	4	$655,000

Race	Applications	Approval Rate	Denial Rate
White	183	77.0%	9.8%
Asian *	1	0.0%	100.0%

Ethnicity	Applications	Approval Rate	Denial Rate
Not Hispanic or Latino	181	76.8%	9.9%
Joint *	2	100.0%	0.0%
Hispanic or Latino *	1	0.0%	100.0%

First Century Bank

Loan types by applications · First Century Bank

Lending activity by loan program · First Century Bank

Why borrowers applied

Reported outcomes by applicant race

Reported outcomes by applicant ethnicity

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