1st Bank of Troy

Headquarters

212 South Main Street
Troy, KS 66087
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.40% →
1-Year CD N.A. 1.15% →
2-Year CD N.A. 1.26% →
5-Year CD N.A. 1.60% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

1st Bank of Troy is an FDIC insured institution located in Troy, KS. It was founded in 1870 and has approximately $0.02 billion in assets.

FDIC Insured Yes
FDIC Certificate # 4788
Date Established 1870
Assets $ 25.02 million
Loans $ 9.23 million
Deposits $ 22.61 million
Capital $ 2.39 million
 

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

Deposit Rates - July 2, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - July 2, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for 1st Bank of Troy

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.039% 3.000% 0.50 $1,250 $1,055 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
4.000 %
$0 Learn More
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PenFed Credit Union
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3.750 %
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Note to 1st Bank of Troy
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Branches

1st Bank of Troy 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:
Fairfield,Connecticut


1st Bank of Troy Locations


Financial Details

1st Bank of Troy Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of 1st Bank of Troy. 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 of Troy U.S. Bank Average
15.78% 6.51%

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 December 31, 2019, 1st Bank of Troy had $390,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $2,386,000 in equity and $85,000 in loans loss reserves. That gives it a Texas Ratio of 15.78%.

Return on Equity
1st Bank of Troy U.S. Bank Average
2.69% 9.41%

1st Bank of Troy has a Return on Equity of 2.69% versus the BestCashCow average of 9.41%. 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 of Troy U.S. Bank Average
9.53% 12.82%

1st Bank of Troy has a Capitalization of 9.53% versus the BestCashCow average of 12.82. 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 of Troy Balance Sheet Analysis

As of March 31, 2013, 1st Bank of Troy had assets of $24,998,000, loans of $9,225,000, and deposits of $22,613,000. 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

December 31, 2019
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 9.23 million
Loan loss allowance $ 0.09 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 22.61 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 25.02 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in 1st Bank of Troy’s loan portfolio are Farm Loans, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Kansas, 1st Bank of Troy has a significantly higher percent of Small Business 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 15.69
Multifamily
Mortgages
0.00
Credit Card Loans 0.92
Consumer Auto Loans 7.04
Small Business Loans 14.07
Construction and Development Loans 0.00
Commercial Real Estate 14.07
Commercial and Industrial Loans 13.16
Farm Loans 16.61

Frequently Asked Questions About 1st Bank Of Troy

Branches and Savings

Is 1st Bank Of Troy FDIC insured?

Yes. It is covered under FDIC Certificate #4788.

Why does 1st Bank Of Troy 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 Of Troy CD rates not competitive?

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

Is 1st Bank Of Troy a commercial bank?

Yes

Where are 1st Bank Of Troy locations?

See branch locations nearby.

Is 1st Bank Of Troy open on Saturdays?

Is 1st Bank Of Troy open on Sundays?

What time does 1st Bank Of Troy open?

What time does 1st Bank Of Troy close?

Are 1st Bank Of Troy ATMs Open 24/7?

Do 1st Bank Of Troy ATMs accept cash deposits?

Can 1st Bank Of Troy customers use other ATMs?

Do 1st Bank Of Troy branches have notaries?

Will 1st Bank Of Troy notarize my document?

What address for 1st Bank Of Troy should I put for incoming ACH transfers?

Will the 1st Bank Of Troy branch print checks?

Do 1st Bank Of Troy checks expire?

Does 1st Bank Of Troy require US citizenship to open account?

Can 1st Bank Of Troy close my account?

Does 1st Bank Of Troy Report to credit bureaus?

Does 1st Bank Of Troy Use Equifax?

What is 1st Bank Of Troy's ACH Routing Number?

What is 1st Bank Of Troy's SWIFT code?

Products

Does 1st Bank Of Troy offer mortgages?

Compare mortgage rates here.

Does 1st Bank Of Troy offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does 1st Bank Of Troy offer personal loans?

Compare personal loan rates here.

Does 1st Bank Of Troy offer student loans?

Will 1st Bank Of Troy cash a check?

Will 1st Bank Of Troy redeem a savings bond?

Does 1st Bank Of Troy cash savings bonds?

Will 1st Bank Of Troy cash money orders?

Can 1st Bank Of Troy issue a money order?

Does 1st Bank Of Troy do currency exchange?

Background on The Bank

Who owns 1st Bank Of Troy?

How long has 1st Bank Of Troy been around?

Can 1st Bank Of Troy transfer to other banks?

Does 1st Bank Of Troy have quick pay?

Does 1st Bank Of Troy accept rolled coins?

Will 1st Bank Of Troy accept loose change?

Where is 1st Bank Of Troy headquarters?

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