b1BANK

Headquarters

500 Laurel Street
Baton Rouge, LA 70801
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. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

b1BANK is an FDIC insured institution located in Baton Rouge, LA. It was founded in 2006 and has approximately $2.29 billion in assets. Customers can open an account at one of its 20 branches.

FDIC Insured Yes
FDIC Certificate # 58228
Date Established 2006
Assets $ 2.29 billion
Loans $ 1,758.93 million
Deposits $ 1,815.35 million
Capital $ 295.97 million
 

For a more detailed analysis of b1BANK's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for b1BANK

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

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Payment
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Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.569% 2.500% 0.88 $2,258 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
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Note to b1BANK
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Branches

b1BANK 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:
Fairfield,Connecticut


b1BANK Locations


Financial Details

b1BANK Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of b1BANK. 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
b1BANK U.S. Bank Average
4.34% 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, b1BANK had $10,135,000 in non-current loans and $3,281,000 in owned real estate. To cover these potential losses it had $295,966,000 in equity and $13,319,000 in loans loss reserves. That gives it a Texas Ratio of 4.34%.

Return on Equity
b1BANK U.S. Bank Average
7.54% 7.80%

b1BANK has a Return on Equity of 7.54% 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
b1BANK U.S. Bank Average
12.93% 12.68%

b1BANK has a Capitalization of 12.93% 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.

b1BANK Balance Sheet Analysis

As of March 31, 2020, b1BANK had assets of $2,289,210,000, loans of $1,758,929,000, and deposits of $1,815,349,000. 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 $ 82.02 million
Interest-bearing balances $ 19.54 million
Total securities $ 275.12 million
Federal funds sold and reverse repurchase $ 29.14 million
Net loans and leases $ 1,758.93 million
Loan loss allowance $ 13.32 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 3.28 million
Goodwill and other intangibles $ 54.97 million
All other assets $ 56.13 million
     Total Assets $ 1,993.24 million
LIABILITIES
Total deposits $ 1,815.35 million
      Interest-bearing deposits $ 1,388.44 million
      Deposits held in domestic offices $ 1,815.35 million
      % insured (estimated) 67.71%
Federal funds purchased and repurchase agreements $ 14.73 million
Trading liabilities N.A.
Other borrowed funds $ 152.03 million
Subordinated debt N.A.
All other liabilities $ 11.14 million
      Total Liabilities $ 1,993.24 million
      Shareholders’ Equity $ 295.97 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 25.97 million
Total Interest Expense $ 5.35 million
Net interest income $ 20.62 million
Provision for loan and lease losses $ 1.37 million
Total non interest income $ 2.65 million
Total non interest expense $ 14.97 million
Pre-tax Net Operating Income $ 6.93 million

Bank Loan Profile?

The top three loan types in b1BANK’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Louisiana, b1BANK has a significantly higher percent of Small Business Loans, 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 16.87
Multifamily
Mortgages
1.87
Credit Card Loans 0.01
Consumer Auto Loans 0.21
Small Business Loans 9.10
Construction and Development Loans 14.83
Commercial Real Estate 35.57
Commercial and Industrial Loans 21.87
Farm Loans 1.53

Frequently Asked Questions About B1bank

Branches and Savings

Is B1bank FDIC insured?

Yes. It is covered under FDIC Certificate #58228.

Why does B1bank pay such low interest on savings accounts?

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

Why are B1bank CD rates not competitive?

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

Is B1bank a commercial bank?

Yes

Where are B1bank locations?

See branch locations nearby.

Is B1bank open on Saturdays?

Is B1bank open on Sundays?

What time does B1bank open?

What time does B1bank close?

Are B1bank ATMs Open 24/7?

Do B1bank ATMs accept cash deposits?

Can B1bank customers use other ATMs?

ellat1966 | May 27, 2020

What are some other banks I could use in opelousas La 70570 area

Do B1bank branches have notaries?

Will B1bank notarize my document?

What address for B1bank should I put for incoming ACH transfers?

Will the B1bank branch print checks?

Do B1bank checks expire?

Does B1bank require US citizenship to open account?

Can B1bank close my account?

Does B1bank Report to credit bureaus?

Does B1bank Use Equifax?

What is B1bank's ACH Routing Number?

What is B1bank's SWIFT code?

Products

Does B1bank offer mortgages?

Compare mortgage rates here.

Does B1bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does B1bank offer personal loans?

Compare personal loan rates here.

Does B1bank offer student loans?

Will B1bank cash a check?

Will B1bank redeem a savings bond?

Does B1bank cash savings bonds?

Will B1bank cash money orders?

Can B1bank issue a money order?

Does B1bank do currency exchange?

Background on The Bank

Who owns B1bank?

How long has B1bank been around?

Can B1bank transfer to other banks?

Does B1bank have quick pay?

Does B1bank accept rolled coins?

Will B1bank accept loose change?

Where is B1bank headquarters?

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