# Farmers Bank & Trust Company

> **Canonical URL:** https://saferate.com/lenders/farmers-bank-trust-ar

> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible

Farmers Bank & Trust Company is a bank, headquartered in Magnolia, AR, serving borrowers across 5 states, with 240 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 46% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 34% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300GKNMX0ZXKVPE54
- **Headquarters:** Magnolia, AR
- **Geographic Reach:** Regional
- **States Served:** 5
- **State List:** AR, CO, LA, OK, TX
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 54/100
- Rating: ●●●○○ (3/5)

### Pull Through: Strong 😀
- Score: 66/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.469%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,353
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 240
- **Dollar Volume:** $63 million
- **Applications Received:** 292
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $262,667
- **Average Borrower Income:** $162,079

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **FHA Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (70%)
- ⭐ **Refinance Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 64/100 | 194 | +0.460% | $1,483 | Strong 😀 |
| FHA | 62/100 | 30 | +0.532% | $1,083 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 138 loans, Score: 60/100 (Strong)
- Refinance: 56 loans, Score: 65/100 (Strong)

**FHA:**
- Purchase: 29 loans, Score: 61/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 60/100 | 179 | $46M | +0.420% | Strong 😀 |
| Refinance | 66/100 | 61 | $17M | +0.613% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| AR | 122 | 0.38% | 72/100 |
| TX | 106 | 0.03% | 63/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 144 | 64/100 |
| Texarkana, TX | TX-AR | 60 | 90/100 |
| Dallas | TX | 21 | 50/100 |

## Frequently Asked Questions

### What loan types does Farmers Bank & Trust Company offer?

Farmers Bank & Trust Company offers the following mortgage loan types: FHA, Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Farmers Bank & Trust Company offer mortgages?

Farmers Bank & Trust Company offers mortgages in 5 states: AR, CO, LA, OK, TX.

### How competitive are Farmers Bank & Trust Company's mortgage rates?

Farmers Bank & Trust Company has a pricing score of 54/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.469% above market average.

### What type of lender is Farmers Bank & Trust Company?

Farmers Bank & Trust Company is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Magnolia, AR.

### What is Farmers Bank & Trust Company's loan approval success rate?

Farmers Bank & Trust Company has a pull-through score of 66/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/farmers-bank-trust-ar

### How to Cite

> "Farmers Bank & Trust Company Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/farmers-bank-trust-ar

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