Aquesta Bank

19510 Jetton Road
Cornelius, NC 28031


2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58296
Date Established 2006
Assets $0.48 billion
Loans $0.38 billion
Deposits $0.36 billion
Capital $0.05 billion

Aquesta Bank is an FDIC insured institution located in Cornelius, NC. It was founded in 2006 and has approximately $0.48 billion in assets. Customers can open an account at one of its 8 branches.

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

Deposit Rates - September 17, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.10% $2,500 $25,000 Learn MoreShow Less
Money Market
0.25% $25,001 $200,000 Learn MoreShow Less
Premium Money Market Account
0.75% $2,500 - Learn MoreShow Less
6 Mo CD
0.17% $20,000 - Learn MoreShow Less
12 Mo CD
0.50% $1,000 - Learn MoreShow Less
24 Mo CD
0.35% $1,000 - Learn MoreShow Less
48 Mo CD
0.65% $1,000 - Learn MoreShow Less
60 Mo CD
0.75% $1,000 - Learn MoreShow Less

Fixed IRA
0.50% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.30% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.02% $5,000 - Learn MoreShow Less

Loan Rates - September 17, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Aquesta 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 2019

Lender APR Rate (%) Points Fees Monthly
Learn More
First Internet Bank
NMLS ID: 424182
3.647% 3.625% 0.25 $675 $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
NMLS ID: 2890
License#: MC-3098
3.761% 3.750% 0.13 $352 $1,158 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info

Note to Aquesta Bank
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Aquesta Bank Locations

Financial Details

Aquesta Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Aquesta Bank. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Aquesta Bank U.S. Bank Average
2.32% 6.94%

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 March 31, 2019, Aquesta Bank had $1,219,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $48,889,000 in equity and $3,680,000 in loans loss reserves. That gives it a Texas Ratio of 2.32%.

Return on Equity
Aquesta Bank U.S. Bank Average
10.61% 9.47%

Aquesta Bank has a Return on Equity of 10.61% versus the BestCashCow average of 9.47%. 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.

Aquesta Bank U.S. Bank Average
10.29% 12.49%

Aquesta Bank has a Capitalization of 10.29% versus the BestCashCow average of 12.49. 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.

Aquesta Bank Balance Sheet Analysis

As of March 31, 2019, Aquesta Bank had assets of $475,106,000, loans of $375,571,000, and deposits of $362,871,000. 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, 2019
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.02 billion
Total securities $0.05 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.38 billion
Loan loss allowance $0.00 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 $0.43 billion
Total deposits $0.36 billion
      Interest-bearing deposits $0.26 billion
      Deposits held in domestic offices $0.36 billion
      % insured (estimated) 59.51%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.06 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.43 billion
      Shareholders’ Equity $0.05 billion

Summary Income Statement

March 31, 2019
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

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

Compared to other banks in North Carolina, Aquesta Bank has a significantly higher percent of Small Business Loans, Commercial Real Estate 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 20.59
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 14.67
Construction and Development Loans 13.21
Commercial Real Estate 50.53
Commercial and Industrial Loans 11.63
Farm Loans 0.00

Frequently Asked Questions About Aquesta Bank

Branches and Savings

Is Aquesta Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58296.

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

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

Why are Aquesta Bank CD rates not competitive?

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

Is Aquesta Bank a commercial bank?


Where are Aquesta Bank locations?

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Is Aquesta Bank open on Saturdays?

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Are Aquesta Bank ATMs Open 24/7?

Do Aquesta Bank ATMs accept cash deposits?

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Do Aquesta Bank branches have notaries?

Will Aquesta Bank notarize my document?

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

Will the Aquesta Bank branch print checks?

Do Aquesta Bank checks expire?

Does Aquesta Bank require US citizenship to open account?

Can Aquesta Bank close my account?

Does Aquesta Bank Report to credit bureaus?

Does Aquesta Bank Use Equifax?

What is Aquesta Bank's ACH Routing Number?

What is Aquesta Bank's SWIFT code?


Does Aquesta Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Aquesta Bank offer personal loans?

Compare personal loan rates here.

Does Aquesta Bank offer student loans?

Will Aquesta Bank cash a check?

Will Aquesta Bank redeem a savings bond?

Does Aquesta Bank cash savings bonds?

Will Aquesta Bank cash money orders?

Can Aquesta Bank issue a money order?

Does Aquesta Bank do currency exchange?

Background on The Bank

Who owns Aquesta Bank?

How long has Aquesta Bank been around?

Can Aquesta Bank transfer to other banks?

Does Aquesta Bank have quick pay?

Does Aquesta Bank accept rolled coins?

Will Aquesta Bank accept loose change?

Where is Aquesta Bank headquarters?

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