Applications / Mortgage Analytics / Lenders / Iowa / Farmers Savings Bank & Trust
Traer, IA · State non-member bank · FDIC · $213 million assets · 32 loans in 2025
Farmers Savings Bank & Trust's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
32
loans originated, 2025
38
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Farmers Savings Bank & Trust is a small Iowa bank whose home loans are about half the size of those at similar banks.
Its typical loan was $85,000, against $175,000 at similar lenders (state non-member banks making between half and twice as many loans). That is smaller than more than nine in ten of them. Half its 32 loans financed a purchase and 31.3% were refinances; all were conventional.
It made 32 loans, down 6% on the year, while similar lenders were flat. It made 55 in 2019. It filed no report for 2020, 2021 or 2022; small lenders need not report every year, so those are gaps in the record, not years without lending.
Cedar Rapids is its biggest market. It ranks 48 of 210 lenders there with 0.2% of lending, unchanged on the year; GreenState Credit Union leads. It lends in five Iowa counties. It first reported in 2008, the year it merged with Farmers Savings Bank & Trust-Vinton.
Some 34.4% of its loans went to low- and moderate-income neighborhoods, against 18.9% at peers. The figure was 67.7% a year earlier, a swing that shows how little 32 loans can settle.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Years with no HMDA report from this lender are left out: since 2020 a bank making fewer than 100 closed-end loans a year need not report. Farmers Savings Bank & Trust took 38 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 50.0% · Refinance 31.3% · Other 12.5% · Home improvement 6.3%
Conventional 100.0% · of 32 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 |
|---|---|---|
| Iowa | 32 | 100.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Cedar Rapids | 19 |
| Waterloo-Cedar Falls | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300MOZY61MOJWXJ70 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 368344 | 2010–2023 |
| Respondent ID (the HMDA filer code before 2018) | 310122 | 2008–2017 |
Established 1 January 1915. Reported under HMDA 2008-2025.
Mergers, name changes, data editions and corrections: Farmers Savings Bank & Trust's data.
Farmers Savings Bank & Trust's data
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Farmers Savings Bank & Trust 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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