Alarion Bank

Headquarters

One Northeast First Avenue
Ocala, FL 34470
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.75% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.25% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Alarion Bank is an FDIC insured institution located in Ocala, FL. It was founded in 2005 and has approximately $0.28 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57845
Date Established 2005
Assets $ 282.80 million
Loans $ 213.03 million
Deposits $ 237.20 million
Capital $ 24.80 million
 

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

Deposit Rates - October 24, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - October 24, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Alarion Bank

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 2021

Lender APR Rate (%) Monthly
Payment
Learn More
Better.com
NMLS ID: 330511
3.166% 3.125%
0.50 points
$1,312 fees
$1,071 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to Alarion Bank
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Branches

Alarion 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:
Fairfield,Connecticut


Alarion Bank Locations



Climate Initiatives

Alarion Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Alarion Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Alarion 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
Alarion Bank U.S. Bank Average
11.4% 4.78%

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 June 30, 2021, Alarion Bank had $518,000 in non-current loans and $2,766,000 in owned real estate. To cover these potential losses it had $24,802,000 in equity and $4,016,000 in loans loss reserves. That gives it a Texas Ratio of 11.4%.

Return on Equity
Alarion Bank U.S. Bank Average
6.45% 11.29%

Alarion Bank has a Return on Equity of 6.45% versus the BestCashCow average of 11.29%. 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
Alarion Bank U.S. Bank Average
8.77% 11.72%

Alarion Bank has a Capitalization of 8.77% versus the BestCashCow average of 11.72. 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.

Alarion Bank Balance Sheet Analysis

As of June 30, 2014, Alarion Bank had assets of $282,804,000, loans of $213,031,000, and deposits of $237,198,000. 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

June 30, 2021
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 $ 213.03 million
Loan loss allowance $ 4.02 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.77 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 237.20 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 $ 282.80 million

Summary Income Statement

June 30, 2021
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 Alarion Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks, Alarion Bank’s loan portfolio does not show any specific loan specialty.

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 42.07
Multifamily
Mortgages
3.75
Credit Card Loans 0.00
Consumer Auto Loans 0.09
Small Business Loans 14.49
Construction and Development Loans 10.19
Commercial Real Estate 34.03
Commercial and Industrial Loans 10.04
Farm Loans 0.00

Frequently Asked Questions About Alarion Bank

Branches and Savings

Is Alarion Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57845.

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

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

Why are Alarion Bank CD rates not competitive?

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

Is Alarion Bank a commercial bank?

Yes

Where are Alarion Bank locations?

See branch locations nearby.

Is Alarion Bank open on Saturdays?

Is Alarion Bank open on Sundays?

What time does Alarion Bank open?

What time does Alarion Bank close?

Are Alarion Bank ATMs Open 24/7?

Do Alarion Bank ATMs accept cash deposits?

Can Alarion Bank customers use other ATMs?

Do Alarion Bank branches have notaries?

Will Alarion Bank notarize my document?

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

Will the Alarion Bank branch print checks?

Do Alarion Bank checks expire?

Does Alarion Bank require US citizenship to open account?

Can Alarion Bank close my account?

Does Alarion Bank Report to credit bureaus?

Does Alarion Bank Use Equifax?

What is Alarion Bank's ACH Routing Number?

What is Alarion Bank's SWIFT code?

Products

Does Alarion Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Alarion Bank offer personal loans?

Compare personal loan rates here.

Does Alarion Bank offer student loans?

Will Alarion Bank cash a check?

Will Alarion Bank redeem a savings bond?

Does Alarion Bank cash savings bonds?

Will Alarion Bank cash money orders?

Can Alarion Bank issue a money order?

Does Alarion Bank do currency exchange?

Background on The Bank

Who owns Alarion Bank?

How long has Alarion Bank been around?

Can Alarion Bank transfer to other banks?

Does Alarion Bank have quick pay?

Does Alarion Bank accept rolled coins?

Will Alarion Bank accept loose change?

Where is Alarion Bank headquarters?

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