1st Bank in Hominy

Headquarters

117 North Price
Hominy, OK 74035
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.05% →
1-Year CD 0.50% 0.95% →
2-Year CD 0.75% 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

1st Bank in Hominy is an FDIC insured institution located in Hominy, OK. It was founded in 1906 and has approximately $0.04 billion in assets.

FDIC Insured Yes
FDIC Certificate # 4122
Date Established 1906
Assets $ 41.27 million
Loans $ 19.25 million
Deposits $ 36.73 million
Capital $ 3.70 million
 

For a more detailed analysis of 1st Bank in Hominy's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 26, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.15% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.15% $10,000 $14,999 Learn More
3 Mo CD
0.15% $100,000 $199,999 Learn More
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.40% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
18 Mo CD
0.65% $10,000 $14,999 Learn More
18 Mo CD
0.65% $100,000 $199,999 Learn More
24 Mo CD
0.75% $10,000 $14,999 Learn More
24 Mo CD
0.75% $100,000 $199,999 Learn More
36 Mo CD
0.85% $10,000 $14,999 Learn More
36 Mo CD
0.85% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.15% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 26, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for 1st Bank in Hominy

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.815% 2.750% 0.88 $2,102 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to 1st Bank in Hominy
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

1st Bank in Hominy branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


1st Bank in Hominy Locations


Financial Details

1st Bank in Hominy Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of 1st Bank in Hominy. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
1st Bank in Hominy U.S. Bank Average
12.12% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, 1st Bank in Hominy had $455,000 in non-current loans and $23,000 in owned real estate. To cover these potential losses it had $3,704,000 in equity and $241,000 in loans loss reserves. That gives it a Texas Ratio of 12.12%.

Return on Equity
1st Bank in Hominy U.S. Bank Average
8.96% 7.80%

1st Bank in Hominy has a Return on Equity of 8.96% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
1st Bank in Hominy U.S. Bank Average
8.97% 12.68%

1st Bank in Hominy has a Capitalization of 8.97% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

1st Bank in Hominy Balance Sheet Analysis

As of March 31, 2020, 1st Bank in Hominy had assets of $41,274,000, loans of $19,251,000, and deposits of $36,728,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 11.03 million
Interest-bearing balances $ 10.08 million
Total securities $ 9.89 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 19.25 million
Loan loss allowance $ 0.24 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.02 million
Goodwill and other intangibles N.A.
All other assets $ 0.53 million
     Total Assets $ 37.57 million
LIABILITIES
Total deposits $ 36.73 million
      Interest-bearing deposits $ 29.16 million
      Deposits held in domestic offices $ 36.73 million
      % insured (estimated) 89.14%
Federal funds purchased and repurchase agreements $ 0.78 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.07 million
      Total Liabilities $ 37.57 million
      Shareholders’ Equity $ 3.70 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.42 million
Total Interest Expense $ 0.07 million
Net interest income $ 0.35 million
Provision for loan and lease losses $ 0.02 million
Total non interest income $ 0.07 million
Total non interest expense $ 0.32 million
Pre-tax Net Operating Income $ 0.08 million

Bank Loan Profile?

The top three loan types in 1st Bank in Hominy’s loan portfolio are Commercial and Industrial Loans, 1-4 Family Residential Loans, and Commercial Real Estate.

Compared to other banks in Oklahoma, 1st Bank in Hominy has a significantly higher percent of Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 20.96
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 4.64
Small Business Loans 0.00
Construction and Development Loans 0.36
Commercial Real Estate 15.53
Commercial and Industrial Loans 29.66
Farm Loans 9.91

Frequently Asked Questions About 1st Bank In Hominy

Branches and Savings

Is 1st Bank In Hominy FDIC insured?

Yes. It is covered under FDIC Certificate #4122.

Why does 1st Bank In Hominy pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are 1st Bank In Hominy CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is 1st Bank In Hominy a commercial bank?

Yes

Where are 1st Bank In Hominy locations?

See branch locations nearby.

Is 1st Bank In Hominy open on Saturdays?

Is 1st Bank In Hominy open on Sundays?

What time does 1st Bank In Hominy open?

What time does 1st Bank In Hominy close?

Are 1st Bank In Hominy ATMs Open 24/7?

Do 1st Bank In Hominy ATMs accept cash deposits?

Can 1st Bank In Hominy customers use other ATMs?

Do 1st Bank In Hominy branches have notaries?

Will 1st Bank In Hominy notarize my document?

What address for 1st Bank In Hominy should I put for incoming ACH transfers?

Will the 1st Bank In Hominy branch print checks?

Do 1st Bank In Hominy checks expire?

Does 1st Bank In Hominy require US citizenship to open account?

Can 1st Bank In Hominy close my account?

Does 1st Bank In Hominy Report to credit bureaus?

Does 1st Bank In Hominy Use Equifax?

What is 1st Bank In Hominy's ACH Routing Number?

What is 1st Bank In Hominy's SWIFT code?

Products

Does 1st Bank In Hominy offer mortgages?

Compare mortgage rates here.

Does 1st Bank In Hominy offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does 1st Bank In Hominy offer personal loans?

Compare personal loan rates here.

Does 1st Bank In Hominy offer student loans?

Will 1st Bank In Hominy cash a check?

Will 1st Bank In Hominy redeem a savings bond?

Does 1st Bank In Hominy cash savings bonds?

Will 1st Bank In Hominy cash money orders?

Can 1st Bank In Hominy issue a money order?

Does 1st Bank In Hominy do currency exchange?

Background on The Bank

Who owns 1st Bank In Hominy?

How long has 1st Bank In Hominy been around?

Can 1st Bank In Hominy transfer to other banks?

Does 1st Bank In Hominy have quick pay?

Does 1st Bank In Hominy accept rolled coins?

Will 1st Bank In Hominy accept loose change?

Where is 1st Bank In Hominy headquarters?

Customer Reviews for 1st Bank in Hominy

There are currently no comments for 1st Bank in Hominy. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →