1st Regents Bank

1777 Bunker Lake Boulevard Nw
Andover, MN 55304

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57157
Date Established 2001
Assets $0.05 billion
Loans $0.03 billion
Deposits $0.05 billion
Capital $0.00 billion

1st Regents Bank is an FDIC insured institution located in Andover, MN. It was founded in 2001 and has approximately $0.05 billion in assets.

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

Bank Loan Profile?

The top three loan types in 1st Regents Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and Commercial and Industrial Loans.

Compared to other banks in Minnesota, 1st Regents Bank has a significantly higher percent of Small Business Loans, Construction and Development Loans, Commercial Real Estate 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 9.10
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.10
Small Business Loans 37.00
Construction and Development Loans 13.37
Commercial Real Estate 51.28
Commercial and Industrial Loans 22.60
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for 1st Regents Bank, but see these great savings and CD rates:


Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for 1st Regents Bank

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 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
US Wide Financial
NMLS ID: 55028
License#: MC-5809
3.766% 3.750% 0.00 $500 $1,158 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to 1st Regents Bank
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Branches

1st Regents Bank 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 Regents Bank Locations

Financial Details

1st Regents Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of 1st Regents Bank. 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 Regents Bank U.S. Bank Average
949.42% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, 1st Regents Bank had $4,698,000 in non-current loans and $2,641,000 in owned real estate. To cover these potential losses it had $341,000 in equity and $432,000 in loans loss reserves. That gives it a Texas Ratio of 949.42%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
1st Regents Bank U.S. Bank Average
-122.62% 8.58

1st Regents Bank has a Return on Equity of -122.62% versus the BestCashCow average of 8.58. 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 Regents Bank U.S. Bank Average
0.69% 12.11

1st Regents Bank has a Capitalization of 0.69% versus the BestCashCow average of 12.11. 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 Regents Bank Balance Sheet Analysis

As of December 31, 2012, 1st Regents Bank had assets of $49,626,000, loans of $34,642,000, and deposits of $49,147,000. 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.

Frequently Asked Questions About 1st Regents Bank

Branches and Savings

Is 1st Regents Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57157.

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

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

Why are 1st Regents Bank CD rates not competitive?

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

Is 1st Regents Bank a commercial bank?

Yes

Where are 1st Regents Bank locations?

See branch locations nearby.

Is 1st Regents Bank open on Saturdays?

Is 1st Regents Bank open on Sundays?

What time does 1st Regents Bank open?

What time does 1st Regents Bank close?

Are 1st Regents Bank ATMs Open 24/7?

Do 1st Regents Bank ATMs accept cash deposits?

Can 1st Regents Bank customers use other ATMs?

Do 1st Regents Bank branches have notaries?

Will 1st Regents Bank notarize my document?

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

Will the 1st Regents Bank branch print checks?

Do 1st Regents Bank checks expire?

Does 1st Regents Bank require US citizenship to open account?

Can 1st Regents Bank close my account?

Does 1st Regents Bank Report to credit bureaus?

Does 1st Regents Bank Use Equifax?

What is 1st Regents Bank's ACH Routing Number?

What is 1st Regents Bank's SWIFT code?

Products

Does 1st Regents Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does 1st Regents Bank offer personal loans?

Compare personal loan rates here.

Does 1st Regents Bank offer student loans?

Will 1st Regents Bank cash a check?

Will 1st Regents Bank redeem a savings bond?

Does 1st Regents Bank cash savings bonds?

Will 1st Regents Bank cash money orders?

Can 1st Regents Bank issue a money order?

Does 1st Regents Bank do currency exchange?

Background on The Bank

Who owns 1st Regents Bank?

How long has 1st Regents Bank been around?

Can 1st Regents Bank transfer to other banks?

Does 1st Regents Bank have quick pay?

Does 1st Regents Bank accept rolled coins?

Will 1st Regents Bank accept loose change?

Where is 1st Regents Bank headquarters?

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