Alarion Bank

One Northeast First Avenue
Ocala, FL 34470

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57845
Date Established 2005
Assets $0.28 billion
Loans $0.21 billion
Deposits $0.24 billion
Capital $0.02 billion

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

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.

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 in Florida, Alarion Bank 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 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

Deposit Rates - August 17, 2018

Loan Rates - August 17, 2018

Your Current Location: Virginia, VA 20146

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 - Virginia 30 Year Fixed Mortgage Rates 2018

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Featured - Virginia Home Equity Line Of Credit Rates 2018

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Flagstar Bank 5.740% $291.47 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More

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:
Ashburn,Virginia


Alarion Bank Locations

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% 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, 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% 9.35%

Alarion Bank has a Return on Equity of 6.45% 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
Alarion Bank U.S. Bank Average
8.77% 12.01%

Alarion Bank has a Capitalization of 8.77% 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.

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

ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.21 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 $0.00 billion
     Total Assets $0.00 billion
LIABILITIES
Total deposits $0.24 billion
      Interest-bearing deposits $0.00 billion
      Deposits held in domestic offices $0.00 billion
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.00 billion
      Shareholders’ Equity $0.28 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 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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