LEI 254900LDNBFL67R4FW27 · Archbold, OH

The Farmers & Merchants State Bank

Originated-loan volume lands in the upper fleet tercile (896 funded) among 1,673 reported applications in the 2024 HMDA Snapshot.

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Originated-volume tercile vs fleet

The Farmers & Merchants State Bank funded 896 mortgages, upper fleet tercile (above ~310 originations), ranking #850 of 4,908 by originated-loan volume but #783 of 1,076 lenders with 1,000+ applications on origination share (53.6%). Easy Street Capital LLC leads that origination-share board at 100.0% on 1,937 applications.

#783
Origination-share rank of 1,076
53.6%
Origination share
896
Originated
11.2%
Denial rate

According to the CFPB HMDA 2024 Snapshot. Origination share is originated divided by applications among reporters with 1,000+ applications. Denial share and origination share do not sum to 100% because HMDA also records withdrawals, incompletes, and purchased loans. See /methodology#corpus-placement. Informational reporting, not mortgage advice.

Where The Farmers & Merchants State Bank sits by reported originations

2024 CFPB HMDA reporting lenders, bucketed by originated-loan count

896 Top 17% higher than 83% of 4,908 reporting lenders

This lender 0 400,000 reporting lenders, grouped by originated loans

Each bar is a 50,000-originated loans band. The dashed line and filled bar mark this lender. Hover, tap, or focus a bar for its count and population share.

Source CFPB Home Mortgage Disclosure Act loan/application register · 2024 reporting year

Loan types by applications · The Farmers & Merchants Sta…

Application volume by HMDA loan type in this lender's 2024 book.

Loan mix
1. Conventional2K
0%100%53.6%
Origination share · The Farmers & Merchants Sta…

Cited denial reasons · The Farmers & Merchants Sta…

Lender-reported HMDA denial-reason counts (top reasons shown).

Denial mix
1. Credit history742. Debt-to-income ratio563. Credit application incomp…414. Collateral225. Other66. Insufficient cash37. Unverifiable information28. Employment history1

High-volume book. The Farmers & Merchants State Bank funded 896 mortgages, above the fleet upper tercile (~310 originations) - so absolute denial and purpose counts matter more here than at thin reporters. Most-cited denial codes: Credit history, Debt-to-income ratio, Credit application incomplete. Program weight concentrates in Conventional (1,673 applications).

How to read The Farmers & Merchants State Bank. These figures are aggregate HMDA disclosures for this lender's 2024 book, not any one file. Rates reflect applicant mix (credit, LTV, DTI, geography) as much as underwriting posture. Informational data reporting, not financial, legal, or mortgage advice. Source vintage: CFPB HMDA 2024 Snapshot.

Avg Interest Rate: 7.814% Avg Applicant Income: $35,000

Lending activity by loan program · The Farmers & Merchants Sta…

The Farmers & Merchants State Bank filed most under Conventional. Applications, originations and denials are separate outcomes of the same filing, so the columns do not sum.

Type Applications Originated Denied Avg Loan
Conventional 1,673 896 187 $164,486

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for The Farmers & Merchants State Bank (LEI: 254900LDNBFL67R4FW27) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Why borrowers applied

Purchase, refinance and cash-out are reported as distinct purposes; average loan size usually separates them more sharply than volume does.

Purpose Applications Originated Avg Loan
Home Purchase 876 320 $213,699
Other 395 268 $87,405
Cash-out Refinancing 258 197 $142,209
Home Improvement 100 78 $84,500
Refinancing 44 33 $189,091

Reported outcomes by applicant race

CFPB derived race categories. HMDA carries no credit score, debt-to-income ratio or down payment, so a gap between these rows is an outcome difference and never, on its own, evidence of discrimination.

Race Applications Approval Rate Denial Rate
White 1,535 53.5% 10.9%
Black or African American * 21 14.3% 33.3%
Asian * 17 29.4% 29.4%
Joint * 14 21.4% 21.4%
American Indian or Alaska Native * 3 33.3% 0.0%

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

Reported outcomes by applicant ethnicity

Hispanic or Latino is an ethnicity, not a race, and is reported separately per U.S. Census Bureau standards. The same limitation applies: HMDA records the outcome, not the underwriting inputs behind it.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 1,505 53.2% 11.0%
Hispanic or Latino 63 34.9% 15.9%
Joint * 19 47.4% 31.6%

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

Nearby Lenders in OH

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

One of 184 other HMDA-reporting lenders in OH, 5 are shown here.

Nationwide lenders with similar profiles

Two HMDA peer sets for The Farmers & Merchants State Bank, both outside OH so the neighborhoods are not state containment (the Nearby list above stays in-state). Peers are drawn from lenders with ≥1,000 applications, the same floor used on approval and denial rankings.

Read with The Farmers & Merchants State Bank

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 for The Farmers & Merchants State Bank (LEI 254900LDNBFL67R4FW27).

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Informational only, not mortgage advice for applicants at The Farmers & Merchants State Bank.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This The Farmers & Merchants State Bank 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. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.