First Security Bank

Compiled by PlainLender Editorial, Mortgage Lending Editorial Team · May 16, 2026

Searcy, AR

First Security Bank processed 1,652 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,333 loans with a 8.7% denial rate. Home Purchase was the primary loan purpose. Based in Searcy, AR. The approval rate of 80.7% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness.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 Security Bank's 80.7% origination rate tells you how often an application turned into funded money; the 8.7% 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 (1,477 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.

1,652

Applications

1,333

Originated

8.7%

Denial Rate

$187,869

Avg Loan Amount

Avg Interest Rate: 7.944% Avg Applicant Income: $32,000

Lending Activity

Type	Applications	Originated	Denied	Avg Loan
Conventional	1,477	1,216	124	$184,621
FHA	107	66	15	$197,150
USDA	38	31	0	$181,842
VA	30	20	4	$322,333

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for First Security Bank (LEI: 254900561K135J92VD38) · 2024 Accessed 2026-07-23 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

Debt-to-income ratio

Collateral

Other

Employment history

Loan Purpose Breakdown

Purpose	Applications	Originated	Avg Loan
Home Purchase	891	732	$253,620
Other	245	189	$85,449
Home Improvement	235	186	$65,553
Refinancing	208	185	$171,731
Cash-out Refinancing	73	41	$168,836

Geographic Coverage — Lending by Race

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

Race	Applications	Approval Rate	Denial Rate
White	1,312	78.7%	9.2%
Black or African American *	30	56.7%	36.7%
Joint *	23	91.3%	4.3%
Asian *	15	66.7%	33.3%
2 or more minority races *	3	33.3%	0.0%
American Indian or Alaska Native *	3	66.7%	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	1,275	79.1%	9.6%
Hispanic or Latino	92	69.6%	13.0%
Joint *	21	47.6%	23.8%

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

Nearby Lenders in AR

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

Bank of England

ENGLAND, AR

5,645 apps 3,672 originated 5.4% denied

Simmons Bank

PINE BLUFF, AR

5,087 apps 3,161 originated 24.0% denied

Centennial Bank

Conway, AR

4,878 apps 2,631 originated 17.7% denied

Bank Ozk

LITTLE ROCK, AR

4,543 apps 1,840 originated 34.5% denied

Arkansas Federal Credit Union

LITTLE ROCK, AR

4,140 apps 2,432 originated 22.0% denied

Compare First Security Bank vs Bank of England →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did First Security Bank process?

First Security Bank processed 1,652 mortgage applications in the 2024 HMDA reporting year. Of these, 1,333 were originated (approved and funded), 146 were withdrawn by the applicant, and 143 were denied.

What is First Security Bank's mortgage approval rate?

First Security Bank has an approval (origination) rate of 80.7%, meaning 80.7% of all applications resulted in a funded mortgage. The denial rate is 8.7%.

What is the average loan amount at First Security Bank?

The average mortgage loan amount at First Security Bank is $187,869. The average interest rate is 7.944%. The average applicant income is $32,000.

What are the most common reasons for mortgage denial at First Security Bank?

The most common reasons for mortgage denial at First Security Bank are: Credit history, Debt-to-income ratio, Collateral. In total, 143 applications were denied out of 1,652 total applications.

What types of mortgage loans does First Security Bank offer?

First Security Bank processes Conventional, FHA, USDA, VA loans. The most common type is Conventional with 1,477 applications and an average loan amount of $184,621.

What loan purposes does First Security Bank serve?

First Security Bank serves the following loan purposes: Home Purchase (891 applications), Other (245 applications), Home Improvement (235 applications), Refinancing (208 applications), Cash-out Refinancing (73 applications). Home Purchase is the most common purpose.

Where is First Security Bank located?

First Security Bank is headquartered in Searcy, AR. The lender is identified by LEI 254900561K135J92VD38 in HMDA data.

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

First Security Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 78.7% and denial rate of 9.2%; Black or African American applicants have an approval rate of 56.7% and denial rate of 36.7%; Joint applicants have an approval rate of 91.3% and denial rate of 4.3%. 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.