ACB Bank

323 S Grand Street
Cherokee, OK 73728

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 4061
Date Established 1908
Assets $0.12 billion
Loans $0.10 billion
Deposits $0.10 billion
Capital $0.01 billion

ACB Bank is an FDIC insured institution located in Cherokee, OK. It was founded in 1908 and has approximately $0.12 billion in assets. Customers can open an account at one of its 3 branches.

For a more detailed analysis of ACB 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 ACB Bank’s loan portfolio are Farm Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in Oklahoma, ACB Bank has a significantly higher percent of Farm 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 11.98
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 1.46
Small Business Loans 0.00
Construction and Development Loans 1.40
Commercial Real Estate 20.15
Commercial and Industrial Loans 8.04
Farm Loans 35.04

Deposit Rates - September 20, 2018

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.30% $1,000 - Learn MoreShow Less
6 Mo CD 10K
0.75% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
1.91% $1,000 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.05% $2,500 $9,999 Learn MoreShow Less
MM 10K
0.10% $10,000 $24,999 Learn MoreShow Less
MM 25K
0.15% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1 $24,999 Learn MoreShow Less

Loan Rates - September 20, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for ACB 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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.553% 4.500% 0.25 $1,664 $1,267 Learn More
Ally Bank
NMLS ID: 181005
4.808% 4.750% 0.25 $1,754 $1,305 Learn More
PenFed Credit Union
NMLS ID: 401822
4.836% 4.750% 0.00 $2,500 $1,305 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.740% $291.47 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More

Note to ACB Bank
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Branches

ACB 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


ACB Bank Locations

Financial Details

ACB Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of ACB 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
ACB Bank U.S. Bank Average
13.76% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2018, ACB Bank had $1,495,000 in non-current loans and $45,000 in owned real estate. To cover these potential losses it had $10,079,000 in equity and $1,115,000 in loans loss reserves. That gives it a Texas Ratio of 13.76%.

Return on Equity
ACB Bank U.S. Bank Average
19.33% 9.35%

ACB Bank has a Return on Equity of 19.33% versus the BestCashCow average of 9.35%. 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
ACB Bank U.S. Bank Average
8.18% 12.01%

ACB Bank has a Capitalization of 8.18% versus the BestCashCow average of 12.01. 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.

ACB Bank Balance Sheet Analysis

As of March 31, 2018, ACB Bank had assets of $123,181,000, loans of $95,934,000, and deposits of $100,678,000. 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

ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.10 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.01 billion
     Total Assets $0.11 billion
LIABILITIES
Total deposits $0.10 billion
      Interest-bearing deposits $0.08 billion
      Deposits held in domestic offices $0.10 billion
      % insured (estimated) 81.59%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.01 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.11 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Acb Bank

Branches and Savings

Is Acb Bank FDIC insured?

Yes. It is covered under FDIC Certificate #4061.

Why does Acb Bank pay such low interest on savings accounts?

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

Why are Acb Bank CD rates not competitive?

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

Is Acb Bank a commercial bank?

Yes

Where are Acb Bank locations?

See branch locations nearby.

Is Acb Bank open on Saturdays?

Is Acb Bank open on Sundays?

What time does Acb Bank open?

What time does Acb Bank close?

Are Acb Bank ATMs Open 24/7?

Do Acb Bank ATMs accept cash deposits?

Can Acb Bank customers use other ATMs?

Do Acb Bank branches have notaries?

Will Acb Bank notarize my document?

What address for Acb Bank should I put for incoming ACH transfers?

Will the Acb Bank branch print checks?

Do Acb Bank checks expire?

Does Acb Bank require US citizenship to open account?

Can Acb Bank close my account?

Does Acb Bank Report to credit bureaus?

Does Acb Bank Use Equifax?

What is Acb Bank's ACH Routing Number?

What is Acb Bank's SWIFT code?

Products

Does Acb Bank offer mortgages?

Compare mortgage rates here.

Does Acb Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Acb Bank offer personal loans?

Compare personal loan rates here.

Does Acb Bank offer student loans?

Will Acb Bank cash a check?

Will Acb Bank redeem a savings bond?

Does Acb Bank cash savings bonds?

Will Acb Bank cash money orders?

Can Acb Bank issue a money order?

Does Acb Bank do currency exchange?

Background on The Bank

Who owns Acb Bank?

How long has Acb Bank been around?

Can Acb Bank transfer to other banks?

Does Acb Bank have quick pay?

Does Acb Bank accept rolled coins?

Will Acb Bank accept loose change?

Where is Acb Bank headquarters?

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