Alterra Bank

11300 Tomahawk Creek Pkwy
Leawood, KS 66211

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 1149
Date Established 1892
Assets $0.27 billion
Loans $0.21 billion
Deposits $0.22 billion
Capital $0.04 billion

Alterra Bank is an FDIC insured institution located in Leawood, KS. It was founded in 1892 and has approximately $0.27 billion in assets. Customers can open an account at one of its 2 branches.

For a more detailed analysis of Alterra 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 Alterra Bank’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Kansas, Alterra Bank has a significantly higher percent of Construction and Development Loans, Commercial Real Estate, Commercial and Industrial 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 4.10
Multifamily
Mortgages
2.65
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 5.88
Construction and Development Loans 10.18
Commercial Real Estate 41.84
Commercial and Industrial Loans 43.20
Farm Loans 0.00

Loan Rates

Your Current Location: Virginia, VA 20146

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Branches

Alterra 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:
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Alterra Bank Locations

Financial Details

Alterra Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Alterra 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
Alterra Bank U.S. Bank Average
47.79% 8.87%

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 March 31, 2017, Alterra Bank had $20,215,000 in non-current loans and $1,473,000 in owned real estate. To cover these potential losses it had $39,721,000 in equity and $5,661,000 in loans loss reserves. That gives it a Texas Ratio of 47.79%. 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
Alterra Bank U.S. Bank Average
-0.68% 8.39%

Alterra Bank has a Return on Equity of -0.68% versus the BestCashCow average of 8.39%. 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
Alterra Bank U.S. Bank Average
14.93% 11.94%

Alterra Bank has a Capitalization of 14.93% versus the BestCashCow average of 11.94%. 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.

Alterra Bank Balance Sheet Analysis

As of March 31, 2017, Alterra Bank had assets of $266,133,000, loans of $209,001,000, and deposits of $219,799,000. 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.

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