Aquesta Bank

19510 Jetton Road
Cornelius, NC 28031

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58296
Date Established 2006
Assets $0.36 billion
Loans $0.27 billion
Deposits $0.28 billion
Capital $0.03 billion

Aquesta Bank is an FDIC insured institution located in Cornelius, NC. It was founded in 2006 and has approximately $0.36 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.

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 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 23.09
Multifamily
Mortgages
4.28
Credit Card Loans 0.00
Consumer Auto Loans 0.16
Small Business Loans 17.93
Construction and Development Loans 9.39
Commercial Real Estate 48.20
Commercial and Industrial Loans 15.77
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
6 Mo CD 10K
0.17% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.10% $100 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.25% $10,000 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.10% $2,500 $25,000 Learn MoreShow Less
MM 25K
0.25% $25,001 $200,000 Learn MoreShow Less
PREMM Rates APY MIN MAX
Premium MM 10K
0.75% $2,500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.02% $5,000 - Learn MoreShow Less

Loan Rates

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 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 Learn More
PenFed Credit Union
NMLS ID: 401822
3.957% 3.875% 0.00 $2,500 $1,176 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Aquesta Bank
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Branches

Aquesta 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:
Ashburn,Virginia


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 BestCashCow.com 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
5.48% 8.45

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 June 30, 2017, Aquesta Bank had $290,000 in non-current loans and $1,479,000 in owned real estate. To cover these potential losses it had $29,483,000 in equity and $2,771,000 in loans loss reserves. That gives it a Texas Ratio of 5.48%. 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
Aquesta Bank U.S. Bank Average
7.46% 8.58

Aquesta Bank has a Return on Equity of 7.46% versus the BestCashCow average of 8.58. 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
Aquesta Bank U.S. Bank Average
8.15% 12.11

Aquesta Bank has a Capitalization of 8.15% versus the BestCashCow average of 12.11. 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 June 30, 2017, Aquesta Bank had assets of $361,883,000, loans of $265,363,000, and deposits of $275,903,000. 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.

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?

Yes

Where are Aquesta Bank locations?

See branch locations nearby.

Is Aquesta Bank open on Saturdays?

Is Aquesta Bank open on Sundays?

What time does Aquesta Bank open?

What time does Aquesta Bank close?

Are Aquesta Bank ATMs Open 24/7?

Do Aquesta Bank ATMs accept cash deposits?

Can Aquesta Bank customers use other ATMs?

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?

Products

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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