Avenue Bank

111 10th Avenue South, Suite 400
Nashville, TN 37203

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 6106
Date Established 1911
Assets $1.22 billion
Loans $0.97 billion
Deposits $0.97 billion
Capital $0.12 billion

Avenue Bank is an FDIC insured institution located in Nashville, TN. It was founded in 1911 and has approximately $1.22 billion in assets.

For a more detailed analysis of Avenue 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 Avenue Bank’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in Tennessee, Avenue Bank has a significantly higher percent of 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 16.56
Multifamily
Mortgages
1.34
Credit Card Loans 0.00
Consumer Auto Loans 0.14
Small Business Loans 5.14
Construction and Development Loans 15.17
Commercial Real Estate 31.56
Commercial and Industrial Loans 35.07
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Avenue Bank, but see these great savings and CD rates:


Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Avenue 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 Avenue Bank
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Branches

Avenue 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


Avenue Bank Locations

Financial Details

Avenue Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Avenue 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
Avenue Bank U.S. Bank Average
0.33% 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, Avenue Bank had $430,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $121,075,000 in equity and $11,126,000 in loans loss reserves. That gives it a Texas Ratio of 0.33%. 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
Avenue Bank U.S. Bank Average
7.53% 8.58

Avenue Bank has a Return on Equity of 7.53% 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
Avenue Bank U.S. Bank Average
9.89% 12.11

Avenue Bank has a Capitalization of 9.89% 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.

Avenue Bank Balance Sheet Analysis

As of June 30, 2016, Avenue Bank had assets of $1,224,181,000, loans of $971,004,000, and deposits of $967,330,000. 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 Avenue Bank

Branches and Savings

Is Avenue Bank FDIC insured?

Yes. It is covered under FDIC Certificate #6106.

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

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

Why are Avenue Bank CD rates not competitive?

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

Is Avenue Bank a commercial bank?

Yes

Where are Avenue Bank locations?

See branch locations nearby.

Is Avenue Bank open on Saturdays?

Is Avenue Bank open on Sundays?

What time does Avenue Bank open?

What time does Avenue Bank close?

Are Avenue Bank ATMs Open 24/7?

Do Avenue Bank ATMs accept cash deposits?

Can Avenue Bank customers use other ATMs?

Do Avenue Bank branches have notaries?

Will Avenue Bank notarize my document?

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

Will the Avenue Bank branch print checks?

Do Avenue Bank checks expire?

Does Avenue Bank require US citizenship to open account?

Can Avenue Bank close my account?

Does Avenue Bank Report to credit bureaus?

Does Avenue Bank Use Equifax?

What is Avenue Bank's ACH Routing Number?

What is Avenue Bank's SWIFT code?

Products

Does Avenue Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Avenue Bank offer personal loans?

Compare personal loan rates here.

Does Avenue Bank offer student loans?

Will Avenue Bank cash a check?

Will Avenue Bank redeem a savings bond?

Does Avenue Bank cash savings bonds?

Will Avenue Bank cash money orders?

Can Avenue Bank issue a money order?

Does Avenue Bank do currency exchange?

Background on The Bank

Who owns Avenue Bank?

How long has Avenue Bank been around?

Can Avenue Bank transfer to other banks?

Does Avenue Bank have quick pay?

Does Avenue Bank accept rolled coins?

Will Avenue Bank accept loose change?

Where is Avenue Bank headquarters?

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