Statewide Statistics Fiscal Year 2007
ADFA 2007 Financial Statement
-
|
Statistics by Congressional District
|
REPORT OF PROGRAM ACTIVITY
FISCAL YEAR 2007: July 1, 2006 June 30, 2007
1st Half of FY2007 = July 1, 2006 December 31, 2006
2nd Half of FY2007 = January 1, 2007 June 30, 2007
statewide
Note from ADFA Research Manager
October 2007
To Whom It May Concern:
Welcome to the FY2007 Annual Report of Program Activity. With this sixth issue, I believe I have finally found the format which will be of greatest benefit to the user. Future editions might have additional statistics for Housing Production and Development Finance Programs.
Purposes and advantages of this new format include:
1. Even though this report is based on fiscal year (July 2006 June 2007), calendar year data will be available by utilizing two years of the report. For example, Calendar Year 2007 data will be available in this years report as January 2007 June 2007 statistics and July 2007 December 2007 will be presented in the FY2008 Annual Report of Program Activity. The July 2007 December 2007 data will be compiled in January 2008 but will not be posted on the web until September or October 2008. If you need these statistics before it is posted to the ADFA web, please contact me as indicated below.
2. More in-depth statistics at each level i.e., county, Congressional District and Statewide have been added for Homeownership.
3. The format at each level will provide you ready access to the purpose of your review of the statistics.
a. County Level If you need statistics only for one county, this is the level that would be best for you to utilize.
b. Congressional District Level For comparative analyses of all counties within a Congressional District, this is the level to use.
c. Statewide Level For cumulative statistics for the whole state or by Congressional District with no need for statistics by county, this is the best level.
4. Analytical text and graphs have been added after each category Homeownership, Housing Production and Development Finance at each of the Congressional District and Statewide format levels as Facts and Inferences. There are more analyses that can be completed than presented here. If federal, state, county or city official or if someone compiling statistics for a publication need different analyses, please contact Judy Brummett at contact information provided below.
Judy Brummett
Research & Special Projects Manager
Arkansas Development Finance Authority
P.O. Box 8023
Little Rock, AR 72203
Phone: 501-682-5917
Fax: 501-682-5939
Email Address: jbrummett@adfa.state.ar.us
NOTE: Color coding of statistics provided in this report are as follows:
· July 2006 December 2006 Black type
· January 2007 June 2007 Blue Type
· Total FY2007 Red Bold Italics Type
HOMEOWNERSHIP
Home-to-Own (H2O)
General Statistics
|
Time Period |
Cong Dist |
No. Loans |
Dollar Amount |
Mean Loan Amount |
Median Loan Amount |
|
07/2006 -12/2006
|
1 |
139 |
$13,870,040.86 |
$99,784.46 |
$91,673.50 |
|
2 |
124 |
$10,446,490.00 |
$84,245.89 |
$82,886.50 |
|
|
3 |
258 |
$23,301,906.00 |
$90,317.47 |
$88,100.00 |
|
|
4 |
52 |
$3,309,654.00 |
$63,647.19 |
$62,980.00 |
|
|
Subtotal |
573 |
$50,928,090.86 |
$84,498.75 |
$81,410.00 |
|
|
01/2007 - 06/2007
|
1 |
145 |
$13,725,123.00 |
$94,656.02 |
$88,798.00 |
|
2 |
98 |
$8,833,486.00 |
$90,137.61 |
$88,455.00 |
|
|
3 |
267 |
$23,770,548.00 |
$89,028.27 |
$73,600.00 |
|
|
4 |
57 |
$4,030,514.00 |
$70,710.75 |
$65,000.00 |
|
|
Subtotal |
567 |
$50,359,671.00 |
$86,133.16 |
$78,963.25 |
|
|
FY2007 TOTAL |
1,140 |
$101,287,761.86 |
$85,315.96 |
$80,186.63 |
|
|
Loan Cancellation Rate Total FY2007: |
17.7% |
Loans by Originator / Branch
|
|
|
07/2006 - 12/2006 |
01/2007 - 6/2007 |
FY2007 Total |
|||
|
Originator / Branch |
Cong. Dist. |
No. Loans |
Dollar Amount |
No. Loans |
Dollar Amount |
No. Loans |
Dollar Amount |
|
1st Home Mortgage, Inc., Jonesboro, AR |
1 |
3 |
$270,091.00 |
0 |
$0.00 |
3 |
$270,091.00 |
|
1st National Bank and Trust, Mountain Home, AR |
1 |
2 |
$182,716.00 |
3 |
$222,237.00 |
5 |
$404,953.00 |
|
1st National Bank, Paris, AR |
4 |
11 |
$680,230.00 |
7 |
$478,875.00 |
18 |
$1,159,105.00 |
|
1st Security, Searcy, AR
|
1 |
3 |
$275,453.00 |
0 |
$0.00 |
3 |
$275,453.00 |
|
2 |
4 |
$368,028.00 |
1 |
$122,035.00 |
5 |
$490,063.00 |
|
|
|
7 |
$643,481.00 |
1 |
$122,035.00 |
8 |
$765,516.00 |
|
|
Arkansas Federal Credit Union, Jacksonville, AR |
2 |
3 |
$303,295.00 |
1 |
$93,227.00 |
4 |
$396,522.00 |
|
Arvest Mortgage Company, Lowell, AR
|
1 |
1 |
$82,416.00 |
0 |
$0.00 |
1 |
$82,416.00 |
|
2 |
4 |
$360,209.00 |
6 |
$579,184.00 |
10 |
$939,393.00 |
|
|
3 |
55 |
$5,436,300.00 |
61 |
$5,867,357.00 |
116 |
$11,303,657.00 |
|
|
4 |
1 |
$73,338.00 |
1 |
$88,609.00 |
2 |
$161,947.00 |
|
|
|
61 |
$5,952,263.00 |
68 |
$6,535,150.00 |
129 |
$12,487,413.00 |
|
|
BancorpSouth, Fort Smith, AR
|
1 |
2 |
$152,212.00 |
0 |
$0.00 |
2 |
$152,212.00 |
|
3 |
11 |
$881,849.00 |
10 |
$730,319.00 |
21 |
$1,612,168.00 |
|
|
|
13 |
$1,034,061.00 |
10 |
$730,319.00 |
23 |
$1,764,380.00 |
|
|
BancorpSouth, Jonesboro, AR |
1 |
1 |
$52,000.00 |
0 |
$0.00 |
1 |
$52,000.00 |
|
Bank of America, West Memphis, AR |
1 |
1 |
$110,767.00 |
0 |
$0.00 |
1 |
$110,767.00 |
|
Bank of Dardanelle, Russellville, AR
|
2 |
11 |
$742,340.00 |
0 |
$0.00 |
11 |
$742,340.00 |
|
3 |
3 |
$235,365.00 |
0 |
$0.00 |
3 |
$235,365.00 |
|
|
|
14 |
$977,705.00 |
0 |
$0.00 |
14 |
$977,705.00 |
|
|
Bank of Little Rock Mortgage, Benton, AR
|
2 |
0 |
$0.00 |
2 |
$218,671.00 |
2 |
$218,671.00 |
|
4 |
0 |
$0.00 |
1 |
$95,000.00 |
1 |
$95,000.00 |
|
|
|
0 |
$0.00 |
3 |
$313,671.00 |
3 |
$313,671.00 |
|
|
Bank of Little Rock Mortgage, North Little Rock, AR
|
1 |
0 |
$0.00 |
2 |
$157,050.00 |
2 |
$157,050.00 |
|
2 |
0 |
$0.00 |
2 |
$162,140.00 |
2 |
$162,140.00 |
|
|
4 |
0 |
$0.00 |
3 |
$251,750.00 |
3 |
$251,750.00 |
|
|
|
0 |
$0.00 |
7 |
$570,940.00 |
7 |
$570,940.00 |
|
|
Bank of the Ozarks, Little Rock, AR
|
1 |
3 |
$229,104.00 |
7 |
$830,344.00 |
10 |
$1,059,448.00 |
|
2 |
6 |
$471,503.00 |
8 |
$787,455.00 |
14 |
$1,258,958.00 |
|
|
3 |
3 |
$325,045.00 |
2 |
$170,200.00 |
5 |
$495,245.00 |
|
|
4 |
2 |
$190,000.00 |
0 |
$0.00 |
2 |
$190,000.00 |
|
|
|
14 |
$1,215,652.00 |
17 |
$1,787,999.00 |
31 |
$3,003,651.00 |
|
|
Benefit Bank, Fort Smith, AR
|
1 |
0 |
$0.00 |
1 |
$54,454.00 |
1 |
$54,454.00 |
|
3 |
61 |
$5,309,783.00 |
77 |
$6,927,504.00 |
138 |
$12,237,287.00 |
|
|
|
61 |
$5,309,783.00 |
78 |
$6,981,958.00 |
139 |
$12,291,741.00 |
|
|
Citizens Bank and Trust, Fort Smith, AR |
3 |
1 |
$121,495.00 |
0 |
$0.00 |
1 |
$121,495.00 |
|
Citizens Bank and Trust, Van Buren, AR |
3 |
3 |
$247,754.00 |
2 |
$174,470.00 |
5 |
$422,224.00 |
|
Community First Bank, Arkadelphia, AR |
3 |
1 |
$67,100.00 |
2 |
$168,500.00 |
3 |
$235,600.00 |
|
Community First Bank, Harrison, AR |
3 |
24 |
$2,096,520.00 |
24 |
$2,241,806.00 |
48 |
$4,338,326.00 |
|
Community First Bank, Pea Ridge, AR |
3 |
5 |
$552,600.00 |
0 |
$0.00 |
5 |
$552,600.00 |
|
Elk Horn Bank Trust, Arkadelphia, AR
|
2 |
0 |
$0.00 |
1 |
$139,900.00 |
1 |
$139,900.00 |
|
4 |
3 |
$191,000.00 |
4 |
$291,200.00 |
7 |
$482,200.00 |
|
|
|
3 |
$191,000.00 |
5 |
$431,100.00 |
8 |
$622,100.00 |
|
|
Elk Horn Bank Trust, Hot Springs, AR |
4 |
0 |
$0.00 |
1 |
$187,500.00 |
1 |
$187,500.00 |
|
England Lending, Cabot, AR |
2 |
1 |
$98,500.00 |
0 |
$0.00 |
1 |
$98,500.00 |
|
First Arkansas Valley Bank, Russellville, AR
|
2 |
8 |
$728,793.00 |
3 |
$203,594.00 |
11 |
$932,387.00 |
|
3 |
18 |
$1,476,020.00 |
12 |
$1,004,005.00 |
30 |
$2,480,025.00 |
|
|
|
26 |
$2,204,813.00 |
15 |
$1,207,599.00 |
41 |
$3,412,412.00 |
|
|
First Arkansas Western Mortgage, Inc., Fort Smith, AR |
3 |
8 |
$622,390.00 |
3 |
$229,825.00 |
11 |
$852,215.00 |
|
First Community Bank, Marion, AR |
1 |
0 |
$0.00 |
1 |
$79,560.00 |
1 |
$79,560.00 |
|
First Financial Bank, Fort Smith, AR |
3 |
2 |
$141,700.00 |
6 |
$424,150.00 |
8 |
$565,850.00 |
|
First Financial Bank, Jonesboro, AR |
1 |
1 |
$83,836.00 |
4 |
$268,574.00 |
5 |
$352,410.00 |
|
First Horizon Home Loan Corp, West Memphis, AR |
1 |
11 |
$1,128,602.00 |
7 |
$712,906.00 |
18 |
$1,841,508.00 |
|
First National Bank, Hot Springs, AR |
4 |
0 |
$0.00 |
1 |
$122,000.00 |
1 |
$122,000.00 |
|
First Security Bank, Conway, AR
|
2 |
3 |
$341,320.00 |
3 |
$237,615.00 |
6 |
$578,935.00 |
|
3 |
0 |
$0.00 |
1 |
$95,716.00 |
1 |
$95,716.00 |
|
|
|
3 |
$341,320.00 |
4 |
$333,331.00 |
7 |
$674,651.00 |
|
|
First State Bank, Conway, AR |
2 |
0 |
$0.00 |
1 |
$113,403.00 |
1 |
$113,403.00 |
|
First Western Mortgage, Inc., Booneville, AR
|
3 |
1 |
$61,000.00 |
0 |
$0.00 |
1 |
$61,000.00 |
|
4 |
0 |
$0.00 |
2 |
$86,150.00 |
2 |
$86,150.00 |
|
|
|
1 |
$61,000.00 |
2 |
$86,150.00 |
3 |
$147,150.00 |
|
|
First Western Mortgage, Inc., Rogers, AR
|
1 |
0 |
$0.00 |
1 |
$68,800.00 |
1 |
$68,800.00 |
|
3 |
1 |
$94,500.00 |
0 |
$0.00 |
1 |
$94,500.00 |
|
|
4 |
0 |
$0.00 |
2 |
$119,650.00 |
2 |
$119,650.00 |
|
|
|
1 |
$94,500.00 |
3 |
$188,450.00 |
4 |
$282,950.00 |
|
|
Global Mortgage, Inc., Benton, AR |
3 |
0 |
$0.00 |
1 |
$75,480.00 |
1 |
$75,480.00 |
|
Guaranty Loan, West Memphis, AR |
1 |
2 |
$284,950.00 |
1 |
$62,500.00 |
3 |
$347,450.00 |
|
Liberty Bank of Arkansas, Russellville, AR
|
2 |
0 |
$0.00 |
2 |
$160,000.00 |
2 |
$160,000.00 |
|
3 |
0 |
$0.00 |
13 |
$1,141,636.00 |
13 |
$1,141,636.00 |
|
|
4 |
0 |
$0.00 |
1 |
$43,350.00 |
1 |
$43,350.00 |
|
|
|
0 |
$0.00 |
16 |
$1,344,986.00 |
16 |
$1,344,986.00 |
|
|
Liberty Bank of Arkansas, Springdale, AR |
3 |
2 |
$194,022.00 |
2 |
$180,959.00 |
4 |
$374,981.00 |
|
Logan Finance, Blytheville, AR |
1 |
2 |
$205,500.00 |
1 |
$57,050.00 |
3 |
$262,550.00 |
|
Metropolitan National Bank, Little Rock, AR
|
1 |
1 |
$106,061.00 |
1 |
$96,735.00 |
2 |
$202,796.00 |
|
2 |
10 |
$748,410.00 |
5 |
$443,673.00 |
15 |
$1,192,083.00 |
|
|
|
11 |
$854,471.00 |
6 |
$540,408.00 |
17 |
$1,394,879.00 |
|
|
Moore Mortgage, Little Rock, AR
|
2 |
5 |
$411,063.00 |
8 |
$729,642.00 |
13 |
$1,140,705.00 |
|
3 |
1 |
$98,719.00 |
7 |
$742,995.00 |
8 |
$841,714.00 |
|
|
4 |
1 |
$87,624.00 |
2 |
$123,066.00 |
3 |
$210,690.00 |
|
|
|
7 |
$597,406.00 |
17 |
$1,595,703.00 |
24 |
$2,193,109.00 |
|
|
One Bank & Trust, Little Rock, AR |
2 |
5 |
$532,300.00 |
2 |
$254,000.00 |
7 |
$786,300.00 |
|
Pinnacle Mortgage of Little Rock, Jacksonville, AR
|
1 |
1 |
$61,110.00 |
0 |
$0.00 |
1 |
$61,110.00 |
|
2 |
0 |
$0.00 |
1 |
$70,000.00 |
1 |
$70,000.00 |
|
|
|
1 |
$61,110.00 |
3 |
$324,000.00 |
4 |
$385,110.00 |
|
|
Priority Bank, Ozark, AR |
3 |
17 |
$1,258,037.00 |
16 |
$1,116,940.00 |
33 |
$2,374,977.00 |
|
Pulaski Mortgage Company, Bentonville, AR |
3 |
3 |
$372,100.00 |
0 |
$0.00 |
3 |
$372,100.00 |
|
Pulaski Mortgage Company, Conway, AR
|
1 |
0 |
$0.00 |
1 |
$109,777.00 |
1 |
$109,777.00 |
|
2 |
0 |
$0.00 |
2 |
$189,617.00 |
2 |
$189,617.00 |
|
|
|
0 |
$0.00 |
3 |
$299,394.00 |
3 |
$299,394.00 |
|
|
Pulaski Mortgage Company, Fayetteville, AR |
3 |
1 |
$93,439.00 |
0 |
$0.00 |
1 |
$93,439.00 |
|
Pulaski Mortgage Company, Forrest City, AR
|
1 |
16 |
$1,267,231.00 |
18 |
$1,477,383.00 |
34 |
$2,744,614.00 |
|
2 |
0 |
$0.00 |
1 |
$74,000.00 |
1 |
$74,000.00 |
|
|
|
16 |
$1,267,231.00 |
19 |
$1,551,383.00 |
35 |
$2,818,614.00 |
|
|
Pulaski Mortgage Company, Little Rock, AR
|
2 |
35 |
$2,848,271.00 |
18 |
$1,664,960.00 |
53 |
$4,513,231.00 |
|
4 |
1 |
$54,568.00 |
0 |
$0.00 |
1 |
$54,568.00 |
|
|
|
36 |
$2,902,839.00 |
18 |
$1,664,960.00 |
54 |
$4,567,799.00 |
|
|
Pulaski Mortgage Company, Russellville, AR |
3 |
1 |
$68,411.00 |
2 |
$175,205.00 |
3 |
$243,616.00 |
|
Pulaski Mortgage Company, West Memphis, AR |
1 |
84 |
$8,915,413.00 |
91 |
$9,019,593.00 |
175 |
$17,935,006.00 |
|
Regions Mortgage, Inc., Benton, AR
|
2 |
5 |
$463,697.00 |
5 |
$415,477.00 |
10 |
$879,174.00 |
|
4 |
0 |
$0.00 |
1 |
$87,500.00 |
1 |
$87,500.00 |
|
|
|
5 |
$463,697.00 |
6 |
$502,977.00 |
11 |
$966,674.00 |
|
|
Regions Mortgage, Inc., Little Rock, AR
|
1 |
2 |
$173,280.00 |
3 |
$319,901.00 |
5 |
$493,181.00 |
|
2 |
10 |
$984,469.00 |
6 |
$545,294.00 |
16 |
$1,529,763.00 |
|
|
3 |
2 |
$184,918.00 |
1 |
$89,850.00 |
3 |
$274,768.00 |
|
|
4 |
0 |
$0.00 |
1 |
$76,198.00 |
1 |
$76,198.00 |
|
|
|
14 |
$1,342,667.00 |
11 |
$1,031,243.00 |
25 |
$2,373,910.00 |
|
|
Regions Mortgage, Inc., Marion, AR |
1 |
1 |
$82,845.00 |
0 |
$0.00 |
1 |
$82,845.00 |
|
Regions Mortgage, Inc., Russellville, AR |
4 |
1 |
$49,608.00 |
0 |
$0.00 |
1 |
$49,608.00 |
|
Regions Mortgage, Inc., Searcy, AR
|
1 |
1 |
$125,000.00 |
1 |
$82,845.00 |
2 |
$207,845.00 |
|
2 |
1 |
$59,529.00 |
0 |
$0.00 |
1 |
$59,529.00 |
|
|
|
2 |
$184,529.00 |
1 |
$82,845.00 |
3 |
$267,374.00 |
|
|
Regions Mortgage, Inc., Texarkana, AR |
4 |
2 |
$140,417.00 |
2 |
$143,871.00 |
4 |
$284,288.00 |
|
River Town Bank, Russellville, AR
|
2 |
1 |
$49,875.00 |
1 |
$56,070.00 |
2 |
$105,945.00 |
|
3 |
0 |
$0.00 |
4 |
$248,800.00 |
4 |
$248,800.00 |
|
|
|
1 |
$49,875.00 |
5 |
$304,870.00 |
6 |
$354,745.00 |
|
|
Simmons 1st Bank, Jonesboro, AR |
1 |
1 |
$81,453.00 |
0 |
$0.00 |
1 |
$81,453.00 |
|
Simmons First Bank, Russellville, AR
|
2 |
3 |
$248,750.00 |
0 |
$0.00 |
3 |
$248,750.00 |
|
3 |
7 |
$610,500.00 |
6 |
$501,600.00 |
13 |
$1,112,100.00 |
|
|
|
10 |
$859,250.00 |
6 |
$501,600.00 |
16 |
$1,360,850.00 |
|
|
Simmons First Mortgage of Little Rock, Fort Smith, AR |
3 |
9 |
$710,530.00 |
9 |
$792,740.00 |
18 |
$1,503,270.00 |
|
Simmons First Mortgage of Little Rock, Rogers, AR |
3 |
12 |
$1,397,806.00 |
5 |
$532,654.00 |
17 |
$1,930,460.00 |
|
Simmons First Mortgage of Little Rock, Siloam Springs, AR |
3 |
4 |
$384,575.00 |
0 |
$0.00 |
4 |
$384,575.00 |
|
Simmons First National Bank, Pine Bluff, AR
|
2 |
1 |
$42,000.00 |
1 |
$110,269.00 |
2 |
$152,269.00 |
|
4 |
29 |
$1,783,340.00 |
27 |
$1,627,195.00 |
56 |
$3,411,135.00 |
|
|
|
30 |
$1,825,340.00 |
28 |
$1,737,464.00 |
58 |
$3,563,404.00 |
|
|
Simmons First National Bank, Searcy, AR
|
1 |
0 |
$0.00 |
1 |
$44,304.00 |
1 |
$44,304.00 |
|
2 |
0 |
$0.00 |
2 |
$150,837.00 |
2 |
$150,837.00 |
|
|
|
0 |
$0.00 |
3 |
$195,141.00 |
3 |
$195,141.00 |
|
|
Summit Bank, Inc., Benton, AR |
2 |
1 |
$79,250.00 |
2 |
$119,673.00 |
3 |
$198,923.00 |
|
Summit Bank, Inc., Hot Springs, AR |
2 |
0 |
$0.00 |
1 |
$104,300.00 |
1 |
$104,300.00 |
|
Telcoe Federal Credit Union, Little Rock, AR |
2 |
1 |
$0.00 |
2 |
$261,284.00 |
3 |
$261,284.00 |
|
The Carroll Mortgage Group, Inc., Little Rock, AR |
2 |
1 |
$101,753.00 |
4 |
$367,259.00 |
5 |
$469,012.00 |
|
United Bank of Springdale, Benton, AR |
3 |
0 |
$0.00 |
1 |
$137,837.00 |
1 |
$137,837.00 |
|
United Bank of Springdale, Conway, AR |
2 |
1 |
$85,463.00 |
0 |
$0.00 |
1 |
$85,463.00 |
|
United Bank of Springdale, Little Rock, AR |
2 |
3 |
$256,270.00 |
0 |
$0.00 |
3 |
$256,270.00 |
|
US Bank Home Mortgage, North Little Rock, AR
|
1 |
0 |
$0.00 |
1 |
$61,110.00 |
1 |
$61,110.00 |
|
2 |
2 |
$121,402.00 |
7 |
$459,907.00 |
9 |
$581,309.00 |
|
|
4 |
0 |
$0.00 |
1 |
$53,349.00 |
1 |
$53,349.00 |
|
|
|
2 |
$121,402.00 |
9 |
$574,366.00 |
11 |
$695,768.00 |
|
|
Valley Bank, Springdale, AR |
3 |
2 |
$259,428.00 |
0 |
$0.00 |
2 |
$259,428.00 |
Loans by New / Existing
|
Time Period |
New or Existing |
Congressional District |
No. Loans |
Dollar Amount |
|
7/2006 - 12/2006
|
Existing
|
1 |
55 |
$5,439,258.00 |
|
2 |
105 |
$8,343,476.00 |
||
|
3 |
203 |
$17,400,537.00 |
||
|
4 |
49 |
$3,075,414.00 |
||
|
Subtotal |
412 |
$34,258,685.00 |
||
|
1/2007 - 6/2007
|
1 |
127 |
$11,304,380.00 |
|
|
2 |
85 |
$7,257,252.00 |
||
|
3 |
221 |
$18,347,883.00 |
||
|
4 |
21 |
$1,412,003.00 |
||
|
Subtotal |
454 |
$38,321,518.00 |
||
|
TOTAL FY2007 EXISTING |
|
866 |
$72,580,203.00 |
|
|
7/2006 - 12/2006
|
New
|
1 |
84 |
$8,430,782.00 |
|
2 |
19 |
$2,103,014.00 |
||
|
3 |
55 |
$5,901,369.00 |
||
|
4 |
3 |
$234,240.00 |
||
|
Subtotal |
161 |
$16,669,405.00 |
||
|
1/2007 - 6/2007
|
1 |
