PlainLender

FIRST SOUTHERN BANK

COLUMBIA, MS

FIRST SOUTHERN BANK processed 111 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 84 loans with a 14.4% denial rate. Refinancing was the primary loan purpose. Based in COLUMBIA, MS. The approval rate of 75.7% 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. FIRST SOUTHERN BANK processed 111 HMDA-reported mortgage applications in 2024, originating 84 loans and denying 16 for a denial rate of 14.4% (applicants themselves withdrew 6 files before a decision). The average loan amount was $145,180. The lender reports under LEI 549300E3YGSOYL74CF74 from COLUMBIA, MS.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness.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 SOUTHERN BANK's 75.7% origination rate tells you how often an application turned into funded money; the 14.4% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (107 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.

111
Applications
84
Originated
14.4%
Denial Rate
$145,180
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 107 84 14 $143,972
FHA 4 0 2 $177,500

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for FIRST SOUTHERN BANK (LEI: 549300E3YGSOYL74CF74) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Refinancing 53 42 $128,962
Home Purchase 36 24 $203,333
Other 13 11 $98,077
Home Improvement 7 7 $57,857
Cash-out Refinancing 2 0 $140,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 76 72.4% 14.5%
Black or African American 14 71.4% 28.6%

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 90 72.2% 16.7%

Nearby Lenders in MS

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

Cadence Bank

Tupelo, MS

19,150 apps 12,823 originated 18.2% denied

TRUSTMARK NATIONAL BANK

JACKSON, MS

11,550 apps 8,088 originated 12.3% denied

HANCOCK WHITNEY BANK

GULFPORT, MS

5,857 apps 3,192 originated 20.9% denied

Community Bank of Mississippi

Flowood, MS

4,507 apps 3,490 originated 7.3% denied

BANKPLUS

RIDGELAND, MS

3,698 apps 2,745 originated 10.7% denied
Compare FIRST SOUTHERN BANK vs Cadence Bank →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did FIRST SOUTHERN BANK process?
FIRST SOUTHERN BANK processed 111 mortgage applications in the 2023 HMDA reporting year. Of these, 84 were originated (approved and funded), 6 were withdrawn by the applicant, and 16 were denied.
What is FIRST SOUTHERN BANK's mortgage approval rate?
FIRST SOUTHERN BANK has an approval (origination) rate of 75.7%, meaning 75.7% of all applications resulted in a funded mortgage. The denial rate is 14.4%.
What is the average loan amount at FIRST SOUTHERN BANK?
The average mortgage loan amount at FIRST SOUTHERN BANK is $145,180.
What types of mortgage loans does FIRST SOUTHERN BANK offer?
FIRST SOUTHERN BANK processes Conventional, FHA loans. The most common type is Conventional with 107 applications and an average loan amount of $143,972.
What loan purposes does FIRST SOUTHERN BANK serve?
FIRST SOUTHERN BANK serves the following loan purposes: Refinancing (53 applications), Home Purchase (36 applications), Other (13 applications), Home Improvement (7 applications), Cash-out Refinancing (2 applications). Refinancing is the most common purpose.
Where is FIRST SOUTHERN BANK located?
FIRST SOUTHERN BANK is headquartered in COLUMBIA, MS. The lender is identified by LEI 549300E3YGSOYL74CF74 in HMDA data.
How does FIRST SOUTHERN BANK compare in lending across racial demographics?
FIRST SOUTHERN BANK reports demographic lending data under HMDA requirements. White applicants have an approval rate of 72.4% and denial rate of 14.5%; Black or African American applicants have an approval rate of 71.4% and denial rate of 28.6%. 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.