Applications / Mortgage Analytics / Lenders / Tennessee / Legends Bank
Clarksville, TN · State non-member bank · FDIC · $899 million assets · 427 loans in 2025
Legends Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
427
loans originated, 2025
549
applications, 2025
14
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Legends Bank, a Tennessee community bank, makes far more government-backed home loans than similar banks, though its lending fell 11% in 2025, to 427 loans.
FHA loans (insured by the Federal Housing Administration) made up 17.8% of its lending and VA loans (guaranteed by the Department of Veterans Affairs) 19.4%. The typical similar lender, a state non-member bank making between half and twice as many loans, made none. Purchases were 82.0% of its loans, and its typical loan, $305,000, was bigger than at about nine in ten similar lenders.
Its loans fell 11% while similar lenders' rose 9%. Its total fell to $149.0 million from $161.7 million. In 2020 it made 813 loans.
In Clarksville, its largest market, it ranks 14 of 397 lenders with 2.0%, down 0.1 points; Mortgage Research Center leads. Its share also fell in Chattanooga, to 0.2% from 0.4%, and in Jackson, to 0.5% from 0.9%. Its own lower volume and gains by other lenders are possible reasons.
Its typical rate was 6.38%, against 6.75% at similar lenders. Borrowers with low or moderate incomes (LMI) took 20.7% of its loans, against 28.2%; its larger loans and focus on purchases are possible reasons. Majority-minority neighborhoods took 11.9%, against 6.7%.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Legends Bank took 549 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 82.0% · Refinance 17.3% · Home improvement 0.7%
Conventional 61.1% · VA 19.4% · FHA 17.8% · USDA (RHS or FSA) 1.6% · of 427 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 |
|---|---|---|
| Tennessee | 364 | 85.2% |
| Alabama | 23 | 5.4% |
| Kentucky | 16 | 3.7% |
| Florida | 5 | 1.2% |
| Georgia | 5 | 1.2% |
| West Virginia | 4 | 0.9% |
| Mississippi | 2 | 0.5% |
| North Carolina | 2 | 0.5% |
| Arkansas | 1 | 0.2% |
| Arizona | 1 | 0.2% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Clarksville | 170 |
| Nashville-Davidson--Murfreesboro--Franklin | 109 |
| Chattanooga | 23 |
| Jackson | 18 |
| Daphne-Fairhope-Foley | 8 |
| Huntsville | 3 |
| Knoxville | 3 |
| Bowling Green | 2 |
| Cleveland | 2 |
| Mobile | 2 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300R0L43GUZ8EW811 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 2745426 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 334936 | 2000–2017 |
Established 12 November 1998. Reported under HMDA 2000-2025.
Mergers, name changes, data editions and corrections: Legends Bank's data.
Legends Bank's data
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Legends 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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