Ashton State Bank

317 Third Street
Ashton, IA 51232

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 11343
Date Established 1884
Assets $0.05 billion
Loans $0.03 billion
Deposits $0.04 billion
Capital $0.01 billion

Ashton State Bank is an FDIC insured institution located in Ashton, IA. It was founded in 1884 and has approximately $0.05 billion in assets.

For a more detailed analysis of Ashton State 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 Ashton State Bank’s loan portfolio are Farm Loans, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks, Ashton State Bank’s loan portfolio does not show any specific loan specialty.

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 14.25
Multifamily
Mortgages
0.00
Credit Card Loans 0.04
Consumer Auto Loans 0.42
Small Business Loans 7.64
Construction and Development Loans 0.00
Commercial Real Estate 7.65
Commercial and Industrial Loans 12.46
Farm Loans 21.91

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.80% $1,000 - Learn MoreShow Less
6 Mo CD 10K
0.90% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.25% $1 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
1.21% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
1.21% $1 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.35% $2,500 $9,999 Learn MoreShow Less
MM 10K
0.45% $10,000 $24,999 Learn MoreShow Less
MM 25K
0.50% $25,000 $99,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1 $599 Learn MoreShow Less
Int Ckg 2.5K
0.15% $2,500 $4,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Ashton State 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
Poli Mortgage Group Inc
NMLS ID: 1979
License#: MC-5501
3.875% 3.875% 0.00 $0 $1,176 Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 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 Ashton State Bank
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Branches

Ashton State 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


Ashton State Bank Locations

Financial Details

Ashton State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Ashton State 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
Ashton State Bank U.S. Bank Average
2.55% 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, Ashton State Bank had $14,000 in non-current loans and $150,000 in owned real estate. To cover these potential losses it had $6,125,000 in equity and $306,000 in loans loss reserves. That gives it a Texas Ratio of 2.55%. 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
Ashton State Bank U.S. Bank Average
10.93% 8.58

Ashton State Bank has a Return on Equity of 10.93% 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
Ashton State Bank U.S. Bank Average
12.55% 12.11

Ashton State Bank has a Capitalization of 12.55% 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.

Ashton State Bank Balance Sheet Analysis

As of June 30, 2017, Ashton State Bank had assets of $48,821,000, loans of $30,777,000, and deposits of $35,579,000. 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 Ashton State Bank

Branches and Savings

Is Ashton State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #11343.

Why does Ashton State Bank pay such low interest on savings accounts?

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

Why are Ashton State Bank CD rates not competitive?

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

Is Ashton State Bank a commercial bank?

Yes

Where are Ashton State Bank locations?

See branch locations nearby.

Is Ashton State Bank open on Saturdays?

Is Ashton State Bank open on Sundays?

What time does Ashton State Bank open?

What time does Ashton State Bank close?

Are Ashton State Bank ATMs Open 24/7?

Do Ashton State Bank ATMs accept cash deposits?

Can Ashton State Bank customers use other ATMs?

Do Ashton State Bank branches have notaries?

Will Ashton State Bank notarize my document?

What address for Ashton State Bank should I put for incoming ACH transfers?

Will the Ashton State Bank branch print checks?

Do Ashton State Bank checks expire?

Does Ashton State Bank require US citizenship to open account?

Can Ashton State Bank close my account?

Does Ashton State Bank Report to credit bureaus?

Does Ashton State Bank Use Equifax?

What is Ashton State Bank's ACH Routing Number?

What is Ashton State Bank's SWIFT code?

Products

Does Ashton State Bank offer mortgages?

Compare mortgage rates here.

Does Ashton State Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Ashton State Bank offer personal loans?

Compare personal loan rates here.

Does Ashton State Bank offer student loans?

Will Ashton State Bank cash a check?

Will Ashton State Bank redeem a savings bond?

Does Ashton State Bank cash savings bonds?

Will Ashton State Bank cash money orders?

Can Ashton State Bank issue a money order?

Does Ashton State Bank do currency exchange?

Background on The Bank

Who owns Ashton State Bank?

How long has Ashton State Bank been around?

Can Ashton State Bank transfer to other banks?

Does Ashton State Bank have quick pay?

Does Ashton State Bank accept rolled coins?

Will Ashton State Bank accept loose change?

Where is Ashton State Bank headquarters?

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