Applications / Mortgage Analytics / Lenders / Georgia / Farmers and Merchants Bank
Lakeland, GA · State non-member bank · FDIC · $763 million assets · 301 loans in 2025
Farmers and Merchants Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
301
loans originated, 2025
346
applications, 2025
2
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Farmers and Merchants Bank makes small loans, many of them refinances and loans on manufactured homes, with a typical loan of $65,000, the lowest among similar banks.
Manufactured homes made up 28.2% of its loans, against 2.6% at similar lenders, state non-member banks making between half and twice as many loans. Nearly all peers had a lower share. Refinances were 62.1% of its loans, and its typical loan was well under half the $175,000 at peers.
It made 301 loans, against 244 at the typical peer, yet lent $41.8 million against $64.5 million. Its small loans could account for the gap. Its count was flat on 2024, while similar lenders grew 9% and the whole market 10%.
Low- and moderate-income (LMI) borrowers took 36.3% of its loans, against 28.2% at similar lenders, a higher share than about four in five of them. Majority-minority neighborhoods took 12.3%, against 6.3%.
In Valdosta, its biggest market, it ranked 11 of 238 lenders with 2.7%, down slightly from 2.9%. Ameris Bank and Mortgage Research Center lead there. In Albany it rose to 0.8% from 0.0%. Shares are counted in dollars, so a lender of small loans ranks lower than its loan count would suggest.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Farmers and Merchants Bank took 346 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Refinance 62.1% · Purchase 29.6% · Home improvement 7.3% · Other 1.0%
Conventional 100.0% · of 301 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Georgia | 294 | 97.7% |
| Florida | 7 | 2.3% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Valdosta | 145 |
| Atlanta-Sandy Springs-Roswell | 3 |
| Jacksonville | 2 |
| Albany | 1 |
| Deltona-Daytona Beach-Ormond Beach | 1 |
| Tallahassee | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300ELFWNRX6MLE444 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 763930 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 35716 | 2004–2017 |
Established 1 January 1907. Reported under HMDA 2004-2025.
Mergers, name changes, data editions and corrections: Farmers and Merchants Bank's data.
Farmers and Merchants Bank's data
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Farmers and Merchants Bank and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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