Alton Bank

Headquarters

26 Court Square
Alton, MO 65606
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 0.91% →
1-Year CD 1.00% 1.01% →
2-Year CD 1.26% 0.95% →
5-Year CD 1.51% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Alton Bank is an FDIC insured institution located in Alton, MO. It was founded in 1924 and has approximately $0.07 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 8276
Date Established 1924
Assets $ 74.06 million
Loans $ 43.00 million
Deposits $ 57.48 million
Capital $ 10.38 million
 

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

Deposit Rates - October 31, 2020

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.50% $10,000 $14,999 Learn More
Money Market
0.50% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.25% $10,000 $14,999 Learn More
3 Mo CD
0.50% $100,000 $199,999 Learn More
6 Mo CD
0.50% $10,000 $14,999 Learn More
6 Mo CD
0.75% $100,000 $199,999 Learn More
12 Mo CD
0.75% $10,000 $14,999 Learn More
12 Mo CD
1.00% $100,000 $199,999 Learn More
18 Mo CD
0.75% $10,000 $14,999 Learn More
18 Mo CD
1.00% $100,000 $199,999 Learn More
24 Mo CD
1.00% $10,000 $14,999 Learn More
24 Mo CD
1.26% $100,000 $199,999 Learn More
30 Mo CD
1.00% $10,000 $14,999 Learn More
30 Mo CD
1.26% $100,000 $199,999 Learn More
36 Mo CD
1.11% $10,000 $14,999 Learn More
36 Mo CD
1.26% $100,000 $199,999 Learn More
48 Mo CD
1.26% $10,000 $14,999 Learn More
48 Mo CD
1.51% $100,000 $199,999 Learn More
60 Mo CD
1.26% $10,000 $14,999 Learn More
60 Mo CD
1.51% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 31, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Alton Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.558% 2.500% 0.75 $1,908 $988 Learn More
Cascadia Mortgage
NMLS ID: 1505422
License#: NMLS #1505422
2.602% 2.500% 0.88 $3,378 $988 Learn More
First Internet Bank
NMLS ID: 424182
2.562% 2.500% 0.88 $2,040 $988 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to Alton Bank
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Branches

Alton 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:
Seattle,Washington


Alton Bank Locations


Financial Details

Alton Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Alton 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
Alton Bank U.S. Bank Average
10.79% 6.94%

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 March 31, 2020, Alton Bank had $1,022,000 in non-current loans and $142,000 in owned real estate. To cover these potential losses it had $10,382,000 in equity and $404,000 in loans loss reserves. That gives it a Texas Ratio of 10.79%.

Return on Equity
Alton Bank U.S. Bank Average
9.97% 7.80%

Alton Bank has a Return on Equity of 9.97% versus the BestCashCow average of 7.80%. 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
Alton Bank U.S. Bank Average
14.02% 12.68%

Alton Bank has a Capitalization of 14.02% versus the BestCashCow average of 12.68. 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.

Alton Bank Balance Sheet Analysis

As of March 31, 2020, Alton Bank had assets of $74,057,000, loans of $43,000,000, and deposits of $57,476,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 3.93 million
Interest-bearing balances $ 2.02 million
Total securities $ 17.38 million
Federal funds sold and reverse repurchase $ 7.72 million
Net loans and leases $ 43.00 million
Loan loss allowance $ 0.40 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.14 million
Goodwill and other intangibles N.A.
All other assets $ 1.20 million
     Total Assets $ 63.67 million
LIABILITIES
Total deposits $ 57.48 million
      Interest-bearing deposits $ 48.90 million
      Deposits held in domestic offices $ 57.48 million
      % insured (estimated) 77.78%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 6.00 million
Subordinated debt N.A.
All other liabilities $ 0.20 million
      Total Liabilities $ 63.67 million
      Shareholders’ Equity $ 10.38 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.90 million
Total Interest Expense $ 0.22 million
Net interest income $ 0.69 million
Provision for loan and lease losses $ 0.05 million
Total non interest income $ 0.09 million
Total non interest expense $ 0.48 million
Pre-tax Net Operating Income $ 0.26 million

Bank Loan Profile?

The top three loan types in Alton Bank’s loan portfolio are 1-4 Family Residential Loans, Farm Loans, and Commercial Real Estate.

Compared to other banks in Missouri, Alton 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 22.31
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 4.33
Small Business Loans 0.00
Construction and Development Loans 0.62
Commercial Real Estate 17.46
Commercial and Industrial Loans 6.67
Farm Loans 18.17

Frequently Asked Questions About Alton Bank

Branches and Savings

Is Alton Bank FDIC insured?

Yes. It is covered under FDIC Certificate #8276.

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

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

Why are Alton Bank CD rates not competitive?

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

Is Alton Bank a commercial bank?

Yes

Where are Alton Bank locations?

See branch locations nearby.

Is Alton Bank open on Saturdays?

Is Alton Bank open on Sundays?

What time does Alton Bank open?

What time does Alton Bank close?

Are Alton Bank ATMs Open 24/7?

Do Alton Bank ATMs accept cash deposits?

Can Alton Bank customers use other ATMs?

Do Alton Bank branches have notaries?

Will Alton Bank notarize my document?

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

Will the Alton Bank branch print checks?

Do Alton Bank checks expire?

Does Alton Bank require US citizenship to open account?

Can Alton Bank close my account?

Does Alton Bank Report to credit bureaus?

Does Alton Bank Use Equifax?

What is Alton Bank's ACH Routing Number?

What is Alton Bank's SWIFT code?

Products

Does Alton Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Alton Bank offer personal loans?

Compare personal loan rates here.

Does Alton Bank offer student loans?

Will Alton Bank cash a check?

Will Alton Bank redeem a savings bond?

Does Alton Bank cash savings bonds?

Will Alton Bank cash money orders?

Can Alton Bank issue a money order?

Does Alton Bank do currency exchange?

Background on The Bank

Who owns Alton Bank?

How long has Alton Bank been around?

Can Alton Bank transfer to other banks?

Does Alton Bank have quick pay?

Does Alton Bank accept rolled coins?

Will Alton Bank accept loose change?

Where is Alton Bank headquarters?

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