Angelina Savings Bank, SSB

Headquarters

1721 Tulane Drive
Lufkin, TX 75901
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 2.25% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Angelina Savings Bank, SSB is an FDIC insured institution located in Lufkin, TX. It was founded in 1978 and has approximately $0.06 billion in assets.

FDIC Insured Yes
FDIC Certificate # 32018
Date Established 1978
Assets $ 64.67 million
Loans $ 41.60 million
Deposits $ 58.23 million
Capital $ 6.24 million
 

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

Deposit Rates - October 24, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 24, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Angelina Savings Bank, SSB

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

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Payment
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Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.575% 2.500% 1.00 $2,470 $988 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
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2.240 %
$0 Learn More
More Info

Note to Angelina Savings Bank, SSB
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Branches

Angelina Savings Bank, SSB 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


Angelina Savings Bank, SSB Locations


Financial Details

Angelina Savings Bank, SSB Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Angelina Savings Bank, SSB. 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
Angelina Savings Bank, SSB U.S. Bank Average
3.3% 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, Angelina Savings Bank, SSB had $215,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $6,235,000 in equity and $272,000 in loans loss reserves. That gives it a Texas Ratio of 3.3%.

Return on Equity
Angelina Savings Bank, SSB U.S. Bank Average
9.08% 7.80%

Angelina Savings Bank, SSB has a Return on Equity of 9.08% 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
Angelina Savings Bank, SSB U.S. Bank Average
9.64% 12.68%

Angelina Savings Bank, SSB has a Capitalization of 9.64% 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.

Angelina Savings Bank, SSB Balance Sheet Analysis

As of March 31, 2020, Angelina Savings Bank, SSB had assets of $64,672,000, loans of $41,603,000, and deposits of $58,232,000. 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 $ 21.88 million
Interest-bearing balances $ 19.73 million
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 41.60 million
Loan loss allowance $ 0.27 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.00 million
All other assets $ 0.47 million
     Total Assets $ 58.44 million
LIABILITIES
Total deposits $ 58.23 million
      Interest-bearing deposits $ 45.00 million
      Deposits held in domestic offices $ 58.23 million
      % insured (estimated) 93.67%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.21 million
      Total Liabilities $ 58.44 million
      Shareholders’ Equity $ 6.24 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.74 million
Total Interest Expense $ 0.04 million
Net interest income $ 0.71 million
Provision for loan and lease losses $ 0.03 million
Total non interest income $ 0.17 million
Total non interest expense $ 0.66 million
Pre-tax Net Operating Income $ 0.18 million

Bank Loan Profile?

The top three loan types in Angelina Savings Bank, SSB’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Consumer Auto Loans.

Compared to other banks in Texas, Angelina Savings Bank, SSB has a significantly higher percent of Consumer Auto 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 32.86
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 7.93
Small Business Loans 0.00
Construction and Development Loans 7.73
Commercial Real Estate 7.59
Commercial and Industrial Loans 20.62
Farm Loans 0.59

Frequently Asked Questions About Angelina Savings Bank, Ssb

Branches and Savings

Is Angelina Savings Bank, Ssb FDIC insured?

Yes. It is covered under FDIC Certificate #32018.

Why does Angelina Savings Bank, Ssb pay such low interest on savings accounts?

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

Why are Angelina Savings Bank, Ssb CD rates not competitive?

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

Is Angelina Savings Bank, Ssb a commercial bank?

Yes

Where are Angelina Savings Bank, Ssb locations?

See branch locations nearby.

Is Angelina Savings Bank, Ssb open on Saturdays?

Is Angelina Savings Bank, Ssb open on Sundays?

What time does Angelina Savings Bank, Ssb open?

What time does Angelina Savings Bank, Ssb close?

Are Angelina Savings Bank, Ssb ATMs Open 24/7?

Do Angelina Savings Bank, Ssb ATMs accept cash deposits?

Can Angelina Savings Bank, Ssb customers use other ATMs?

Do Angelina Savings Bank, Ssb branches have notaries?

Will Angelina Savings Bank, Ssb notarize my document?

What address for Angelina Savings Bank, Ssb should I put for incoming ACH transfers?

Will the Angelina Savings Bank, Ssb branch print checks?

Do Angelina Savings Bank, Ssb checks expire?

Does Angelina Savings Bank, Ssb require US citizenship to open account?

Can Angelina Savings Bank, Ssb close my account?

Does Angelina Savings Bank, Ssb Report to credit bureaus?

Does Angelina Savings Bank, Ssb Use Equifax?

What is Angelina Savings Bank, Ssb's ACH Routing Number?

What is Angelina Savings Bank, Ssb's SWIFT code?

Products

Does Angelina Savings Bank, Ssb offer mortgages?

Compare mortgage rates here.

Does Angelina Savings Bank, Ssb offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Angelina Savings Bank, Ssb offer personal loans?

Compare personal loan rates here.

Does Angelina Savings Bank, Ssb offer student loans?

Will Angelina Savings Bank, Ssb cash a check?

Will Angelina Savings Bank, Ssb redeem a savings bond?

Does Angelina Savings Bank, Ssb cash savings bonds?

Will Angelina Savings Bank, Ssb cash money orders?

Can Angelina Savings Bank, Ssb issue a money order?

Does Angelina Savings Bank, Ssb do currency exchange?

Background on The Bank

Who owns Angelina Savings Bank, Ssb?

How long has Angelina Savings Bank, Ssb been around?

Can Angelina Savings Bank, Ssb transfer to other banks?

Does Angelina Savings Bank, Ssb have quick pay?

Does Angelina Savings Bank, Ssb accept rolled coins?

Will Angelina Savings Bank, Ssb accept loose change?

Where is Angelina Savings Bank, Ssb headquarters?

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