Applications / Mortgage Analytics / Lenders / Arkansas / Merchants and Farmers Bank
Dumas, AR · State member bank · FRS · $271 million assets · 31 loans in 2025
Merchants and Farmers Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
31
loans originated, 2025
40
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Merchants and Farmers Bank, of Dumas, Arkansas, makes small home loans, and far more of them go to majority-minority neighborhoods than at most similar banks.
Its typical loan in 2025 was $105,000, half the $210,000 at similar lenders, here state member banks making between half and twice as many loans. That is smaller than at nearly nine in ten of them. Purchases made up 51.6% of its 31 loans, refinancing 25.8%.
Majority-minority neighborhoods received 38.7% of its loans, against 7.1% at similar banks, a higher share than at more than four in five of them. Low- and moderate-income borrowers took 35.0%, against 23.3%. Both figures rest on 31 loans, so a few loans shift them, but the neighborhood share was also high in 2024, at 30.3%. One plausible explanation is the markets it serves, in Little Rock and the rest of Arkansas.
It made 36 loans in 2018, 46 in 2023 and 31 in 2025. It filed no reports for 2020 to 2022, gaps in the record rather than years without lending. Its count fell by 6% in 2025, close to the 4% fall at similar banks, while the whole market grew by 10%. In Little Rock it ranked 129 of 423 lenders; Arvest Bank led.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted.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. Merchants and Farmers Bank took 40 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 51.6% · Refinance 25.8% · Other 12.9% · Home improvement 9.7%
Conventional 100.0% · of 31 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 |
|---|---|---|
| Arkansas | 31 | 100.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Little Rock-North Little Rock-Conway | 17 |
| Fayetteville-Springdale-Rogers | 1 |
| Hot Springs | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 5493000A2XS66AH5XM81 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 644842 | 2018–2023 |
| Respondent ID (the HMDA filer code before 2018) | 38735 |
Established 10 May 1909. Reported under HMDA 2018-2025.
Mergers, name changes, data editions and corrections: Merchants and Farmers Bank's data.
Merchants and Farmers Bank's data
$215
Merchants and Farmers 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.
Buy Merchants and Farmers Bank's data, $215Jenner Mortgage Analytics: all the data
$2,110
Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
Buy the data, $2,110Jenner, the SAS-compatible software
See prices
Jenner runs programs written in the SAS language. It drew every chart on these pages and fitted the fair-lending model, PROC GLIMMIX on 3.5 million applications. Run the programs that come with the data, or your own.
Get JennerQuestions, or the data and Jenner together: [email protected]