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First Community Bank of Central Alabama

Wetumpka, AL

First Community Bank of Central Alabama processed 115 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 95 loans with a 9.6% denial rate. Home Purchase was the primary loan purpose. Based in Wetumpka, AL. The approval rate of 82.6% reflects originated loans as a share of all applications.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. First Community Bank of Central Alabama's 82.6% origination rate tells you how often an application turned into funded money; the 9.6% 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, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (112 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.

115
Applications
95
Originated
9.6%
Denial Rate
$195,957
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 112 95 8 $195,714
VA 1 0 1 $355,000
USDA 1 0 1 $155,000
FHA 1 0 1 $105,000

Top loan types - First Community Bank of Central Alabama

Top loan types - First Community Bank of Central Alabama Horizontal bar chart of the top 4 items by value (applications). Top loan types - First Community Bank of Central Alabama Top 4 1. Conventional 112 2. VA 1 3. USDA 1 4. FHA 1 Top 5 loan types by application volume at First Community Bank of Central Alabama (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for First Community Bank of Central Alabama (LEI: 549300VIIXX6NYY12891) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Credit history
8
Debt-to-income ratio
4
Collateral
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 67 54 $199,627
Refinancing 42 39 $210,952
Home Improvement 6 2 $50,000

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 77 79.2% 10.4%
Black or African American * 7 71.4% 28.6%
2 or more minority races * 1 0.0% 100.0%
Asian * 1 100.0% 0.0%
Joint * 1 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

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 83 77.1% 13.3%
Hispanic or Latino * 4 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in AL

Other HMDA-reporting lenders in AL with similar activity. Compare any two side-by-side.

Regions Bank

BIRMINGHAM, AL

70,436 apps 29,337 originated 39.6% denied

CSL Financial LLC

Birmingham, AL

10,109 apps 1,011 originated 60.3% denied

Redstone Federal Credit Union

HUNTSVILLE, AL

5,601 apps 3,166 originated 21.9% denied

Tjc Mortgage INC

BIRMINGHAM, AL

2,788 apps 1,704 originated 3.2% denied

All in Credit Union

DOTHAN, AL

2,355 apps 1,018 originated 32.0% denied
Compare First Community Bank of Central Alabama vs Regions Bank →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did First Community Bank of Central Alabama process?
First Community Bank of Central Alabama processed 115 mortgage applications in the 2024 HMDA reporting year. Of these, 95 were originated (approved and funded), and 11 were denied.
What is First Community Bank of Central Alabama's mortgage approval rate?
First Community Bank of Central Alabama has an approval (origination) rate of 82.6%, meaning 82.6% of all applications resulted in a funded mortgage. The denial rate is 9.6%.
What is the average loan amount at First Community Bank of Central Alabama?
The average mortgage loan amount at First Community Bank of Central Alabama is $195,957.
What are the most common reasons for mortgage denial at First Community Bank of Central Alabama?
The most common reasons for mortgage denial at First Community Bank of Central Alabama are: Credit history, Debt-to-income ratio, Collateral. In total, 11 applications were denied out of 115 total applications.
What types of mortgage loans does First Community Bank of Central Alabama offer?
First Community Bank of Central Alabama processes Conventional, VA, USDA, FHA loans. The most common type is Conventional with 112 applications and an average loan amount of $195,714.
What loan purposes does First Community Bank of Central Alabama serve?
First Community Bank of Central Alabama serves the following loan purposes: Home Purchase (67 applications), Refinancing (42 applications), Home Improvement (6 applications). Home Purchase is the most common purpose.
Where is First Community Bank of Central Alabama located?
First Community Bank of Central Alabama is headquartered in Wetumpka, AL. The lender is identified by LEI 549300VIIXX6NYY12891 in HMDA data.
How does First Community Bank of Central Alabama compare in lending across racial demographics?
First Community Bank of Central Alabama reports demographic lending data under HMDA requirements. White applicants have an approval rate of 79.2% and denial rate of 10.4%; Black or African American applicants have an approval rate of 71.4% and denial rate of 28.6%; 2 or more minority races applicants have an approval rate of 0.0% and denial rate of 100.0%. This data reflects derived race categories as reported by applicants.

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.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.