Allendale County Bank

Headquarters

Se200 7th St W
Fairfax, SC 29827
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. 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Allendale County Bank is an FDIC insured institution located in Fairfax, SC. It was founded in 1933 and has approximately $0.05 billion in assets.

FDIC Insured Yes
FDIC Certificate # 15062
Date Established 1933
Assets $ 49.50 million
Loans $ 20.41 million
Deposits $ 49.36 million
Capital $ 0.05 million
 

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

Deposit Rates - July 6, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - July 6, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Allendale County 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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
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NMLS ID: 2890
License#: MC-3098
3.039% 3.000% 0.50 $1,250 $1,055 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
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PenFed Credit Union
PenFed Credit Union
3.750 %
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Note to Allendale County Bank
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Branches

Allendale County 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


Allendale County Bank Locations


Financial Details

Allendale County Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Allendale County 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
Allendale County Bank U.S. Bank Average
12.31% 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, Allendale County Bank had $0 in non-current loans and $258,000 in owned real estate. To cover these potential losses it had $54,000 in equity and $2,042,000 in loans loss reserves. That gives it a Texas Ratio of 12.31%.

Return on Equity
Allendale County Bank U.S. Bank Average
-364.76% 9.41%

Allendale County Bank has a Return on Equity of -364.76% 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
Allendale County Bank U.S. Bank Average
0.11% 12.82%

Allendale County Bank has a Capitalization of 0.11% 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.

Allendale County Bank Balance Sheet Analysis

As of March 31, 2014, Allendale County Bank had assets of $49,498,000, loans of $20,409,000, and deposits of $49,356,000. 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 $ 20.41 million
Loan loss allowance $ 2.04 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.26 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 49.36 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 $ 49.50 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 Allendale County Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Allendale County 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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Allendale County Bank

Branches and Savings

Is Allendale County Bank FDIC insured?

Yes. It is covered under FDIC Certificate #15062.

Why does Allendale County Bank pay such low interest on savings accounts?

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

Why are Allendale County Bank CD rates not competitive?

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

Is Allendale County Bank a commercial bank?

Yes

Where are Allendale County Bank locations?

See branch locations nearby.

Is Allendale County Bank open on Saturdays?

Is Allendale County Bank open on Sundays?

What time does Allendale County Bank open?

What time does Allendale County Bank close?

Are Allendale County Bank ATMs Open 24/7?

Do Allendale County Bank ATMs accept cash deposits?

Can Allendale County Bank customers use other ATMs?

Do Allendale County Bank branches have notaries?

Will Allendale County Bank notarize my document?

What address for Allendale County Bank should I put for incoming ACH transfers?

Will the Allendale County Bank branch print checks?

Do Allendale County Bank checks expire?

Does Allendale County Bank require US citizenship to open account?

Can Allendale County Bank close my account?

Does Allendale County Bank Report to credit bureaus?

Does Allendale County Bank Use Equifax?

What is Allendale County Bank's ACH Routing Number?

What is Allendale County Bank's SWIFT code?

Products

Does Allendale County Bank offer mortgages?

Compare mortgage rates here.

Does Allendale County Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Allendale County Bank offer personal loans?

Compare personal loan rates here.

Does Allendale County Bank offer student loans?

Will Allendale County Bank cash a check?

Will Allendale County Bank redeem a savings bond?

Does Allendale County Bank cash savings bonds?

Will Allendale County Bank cash money orders?

Can Allendale County Bank issue a money order?

Does Allendale County Bank do currency exchange?

Background on The Bank

Who owns Allendale County Bank?

How long has Allendale County Bank been around?

Can Allendale County Bank transfer to other banks?

Does Allendale County Bank have quick pay?

Does Allendale County Bank accept rolled coins?

Will Allendale County Bank accept loose change?

Where is Allendale County Bank headquarters?

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