Alva State Bank & Trust Company

518 College Avenue
Alva, OK 73717

Alva State Bank & Trust Company
 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 9465
Date Established 1901
Assets $0.41 billion
Loans $0.32 billion
Deposits $0.32 billion
Capital $0.05 billion

Alva State Bank & Trust Company is an FDIC insured institution located in Alva, OK. It was founded in 1901 and has approximately $0.41 billion in assets. Customers can open an account at one of its 5 branches.

For a more detailed analysis of Alva State Bank & Trust Company'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 Alva State Bank & Trust Company’s loan portfolio are Farm Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Oklahoma, Alva State Bank & Trust Company 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 3.87
Multifamily
Mortgages
0.08
Credit Card Loans 0.00
Consumer Auto Loans 1.57
Small Business Loans 2.89
Construction and Development Loans 0.11
Commercial Real Estate 23.00
Commercial and Industrial Loans 8.71
Farm Loans 41.68

Deposit Rates - June 25, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.55% $2,500 - Learn MoreShow Less
CD Rates APY MIN MAX
0.80% $1,000 $99,999 Learn MoreShow Less
3 Mo CD
1.00% $100,000 - Learn MoreShow Less
1.00% $1,000 $99,999 Learn MoreShow Less
6 Mo CD
1.21% $100,000 - Learn MoreShow Less
1.81% $1,000 $99,999 Learn MoreShow Less
12 Mo CD
2.02% $100,000 - Learn MoreShow Less
1.86% $1,000 $99,999 Learn MoreShow Less
18 Mo CD
2.07% $100,000 - Learn MoreShow Less
2.17% $1,000 $99,999 Learn MoreShow Less
24 Mo CD
2.37% $100,000 - Learn MoreShow Less
2.22% $1,000 $99,999 Learn MoreShow Less
36 Mo CD
2.42% $100,000 - Learn MoreShow Less
2.32% $1,000 $99,999 Learn MoreShow Less
48 Mo CD
2.52% $100,000 - Learn MoreShow Less
2.32% $1,000 $99,999 Learn MoreShow Less
60 Mo CD
2.52% $100,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
1.81% $1,000 $99,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
1.86% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.40% $1,500 - Learn MoreShow Less

Loan Rates - June 25, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Alva State Bank & Trust Company

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Triangle Lending Group, Inc.
NMLS ID: 64446
License#: MC-5531
3.375% 3.375% -0.13 ($312) $1,106 Learn More
Rocket Mortgage
NMLS ID: 3030
4.500% 4.500% 0.00 $0 $1,267 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info

Note to Alva State Bank & Trust Company
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Alva State Bank & Trust Company 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


Alva State Bank & Trust Company Locations


Financial Details

Alva State Bank & Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Alva State Bank & Trust Company. 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
Alva State Bank & Trust Company U.S. Bank Average
26.14% 6.97%

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 December 31, 2018, Alva State Bank & Trust Company had $13,074,000 in non-current loans and $1,546,000 in owned real estate. To cover these potential losses it had $50,823,000 in equity and $5,111,000 in loans loss reserves. That gives it a Texas Ratio of 26.14%.

Return on Equity
Alva State Bank & Trust Company U.S. Bank Average
11.27% 8.80%

Alva State Bank & Trust Company has a Return on Equity of 11.27% versus the BestCashCow average of 8.80%. 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
Alva State Bank & Trust Company U.S. Bank Average
12.25% 12.29%

Alva State Bank & Trust Company has a Capitalization of 12.25% versus the BestCashCow average of 12.29. 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.

Alva State Bank & Trust Company Balance Sheet Analysis

As of December 31, 2018, Alva State Bank & Trust Company had assets of $414,960,000, loans of $324,033,000, and deposits of $320,115,000. 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, 2018
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.01 billion
Total securities $0.06 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.32 billion
Loan loss allowance $0.01 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 $0.01 billion
     Total Assets $0.36 billion
LIABILITIES
Total deposits $0.32 billion
      Interest-bearing deposits $0.24 billion
      Deposits held in domestic offices $0.32 billion
      % insured (estimated) 80.82%
Federal funds purchased and repurchase agreements $0.04 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 $0.36 billion
      Shareholders’ Equity $0.05 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.01 billion

Frequently Asked Questions About Alva State Bank & Trust Company

Branches and Savings

Is Alva State Bank & Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #9465.

Why does Alva State Bank & Trust Company pay such low interest on savings accounts?

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

Why are Alva State Bank & Trust Company CD rates not competitive?

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

Is Alva State Bank & Trust Company a commercial bank?

Yes

Where are Alva State Bank & Trust Company locations?

See branch locations nearby.

Is Alva State Bank & Trust Company open on Saturdays?

Is Alva State Bank & Trust Company open on Sundays?

What time does Alva State Bank & Trust Company open?

What time does Alva State Bank & Trust Company close?

Are Alva State Bank & Trust Company ATMs Open 24/7?

Do Alva State Bank & Trust Company ATMs accept cash deposits?

Can Alva State Bank & Trust Company customers use other ATMs?

Do Alva State Bank & Trust Company branches have notaries?

Will Alva State Bank & Trust Company notarize my document?

What address for Alva State Bank & Trust Company should I put for incoming ACH transfers?

Will the Alva State Bank & Trust Company branch print checks?

Do Alva State Bank & Trust Company checks expire?

Does Alva State Bank & Trust Company require US citizenship to open account?

Can Alva State Bank & Trust Company close my account?

Does Alva State Bank & Trust Company Report to credit bureaus?

Does Alva State Bank & Trust Company Use Equifax?

What is Alva State Bank & Trust Company's ACH Routing Number?

What is Alva State Bank & Trust Company's SWIFT code?

Products

Does Alva State Bank & Trust Company offer mortgages?

Compare mortgage rates here.

Does Alva State Bank & Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Alva State Bank & Trust Company offer personal loans?

Compare personal loan rates here.

Does Alva State Bank & Trust Company offer student loans?

Will Alva State Bank & Trust Company cash a check?

Will Alva State Bank & Trust Company redeem a savings bond?

Does Alva State Bank & Trust Company cash savings bonds?

Will Alva State Bank & Trust Company cash money orders?

Can Alva State Bank & Trust Company issue a money order?

Does Alva State Bank & Trust Company do currency exchange?

Background on The Bank

Who owns Alva State Bank & Trust Company?

How long has Alva State Bank & Trust Company been around?

Can Alva State Bank & Trust Company transfer to other banks?

Does Alva State Bank & Trust Company have quick pay?

Does Alva State Bank & Trust Company accept rolled coins?

Will Alva State Bank & Trust Company accept loose change?

Where is Alva State Bank & Trust Company headquarters?

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*Should any logos, images or public notes appear on this page,they do so courtesy of Alva State Bank & Trust Company and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.dd