Applications / Mortgage Analytics / Lenders / Arkansas / The Farmers & Merchants Bank
Stuttgart, AR · State member bank · FRS · $2.0 billion assets · 329 loans in 2025
The Farmers & Merchants Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
329
loans originated, 2025
465
applications, 2025
3
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
The Farmers & Merchants Bank is an Arkansas lender with an unusually large manufactured-home business, and its volume held level in 2025 while similar banks grew.
Manufactured homes made up 10.9% of its loans, against 1.5% for similar lenders (state member banks making between half and twice as many loans), more than about nine in ten of them. Its typical loan was $125,000, against $195,000 for peers. Half its loans were home purchases and 37.1% refinances.
It made 329 loans, up 1%, while similar banks typically grew 7% and the whole market 10%. It made 622 loans in 2020 and has settled near today's level since 2023. Its lending to borrowers with low or moderate incomes, 29.6% of loans, was close to similar banks' 27.5%.
Its share in Jonesboro rose to 1.1% from 0.5%, and it ranked 30 of 193 lenders; Arvest Bank leads there. In non-metro Arkansas it ranked 26 of 459.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. The Farmers & Merchants Bank took 465 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 49.8% · Refinance 37.1% · Home improvement 7.3% · Other 5.8%
Conventional 100.0% · of 329 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 | 327 | 99.4% |
| Missouri | 1 | 0.3% |
| Mississippi | 1 | 0.3% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Fayetteville-Springdale-Rogers | 69 |
| Jonesboro | 28 |
| Little Rock-North Little Rock-Conway | 20 |
| Fort Smith | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 54930009DUZUXUZIDL84 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 677644 | 2010–2023 |
| Respondent ID (the HMDA filer code before 2018) | 2677644 | 2009–2017 |
Established 2 January 1945. Reported under HMDA 2009-2025.
Mergers, name changes, data editions and corrections: The Farmers & Merchants Bank's data.
The Farmers & Merchants Bank's data
$215
The Farmers & 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.
Buy The Farmers & Merchants 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]