Bank 2

909 South Meridian
Oklahoma City, OK 73108

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 11521
Date Established 1903
Assets $0.14 billion
Loans $0.09 billion
Deposits $0.11 billion
Capital $0.02 billion

Bank 2 is an FDIC insured institution located in Oklahoma City, OK. It was founded in 1903 and has approximately $0.14 billion in assets.

For a more detailed analysis of Bank 2'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 Bank 2’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Oklahoma, Bank 2 has a significantly higher percent of 1-4 Family Residential Loans, Multifamily Mortgages 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 39.48
Multifamily
Mortgages
5.31
Credit Card Loans 0.00
Consumer Auto Loans 1.45
Small Business Loans 11.46
Construction and Development Loans 5.97
Commercial Real Estate 31.58
Commercial and Industrial Loans 14.38
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Bank 2, but see these great savings and CD rates:


Checking Rates APY MIN FEE
Great Rate Checking 1.51% $0 $0.00 Learn MoreShow Less
Free Checking 0.00% $0 $0.00 Learn MoreShow Less
Freedom Checking 0.00% $0 $0.00 Learn MoreShow Less
NOW Account 0.00% $1,000 $7.50 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank 2

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 Bank 2
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Bank 2 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


Bank 2 Locations

Financial Details

Bank 2 Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank 2. 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
Bank 2 U.S. Bank Average
9.57% 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, Bank 2 had $648,000 in non-current loans and $1,130,000 in owned real estate. To cover these potential losses it had $17,494,000 in equity and $1,080,000 in loans loss reserves. That gives it a Texas Ratio of 9.57%. 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
Bank 2 U.S. Bank Average
6.15% 8.58

Bank 2 has a Return on Equity of 6.15% 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
Bank 2 U.S. Bank Average
12.83% 12.11

Bank 2 has a Capitalization of 12.83% 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.

Bank 2 Balance Sheet Analysis

As of June 30, 2017, Bank 2 had assets of $136,394,000, loans of $89,582,000, and deposits of $114,294,000. 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 Bank 2

Branches and Savings

Is Bank 2 FDIC insured?

Yes. It is covered under FDIC Certificate #11521.

Why does Bank 2 pay such low interest on savings accounts?

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

Why are Bank 2 CD rates not competitive?

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

Is Bank 2 a commercial bank?

Yes

Where are Bank 2 locations?

See branch locations nearby.

Is Bank 2 open on Saturdays?

Is Bank 2 open on Sundays?

What time does Bank 2 open?

What time does Bank 2 close?

Are Bank 2 ATMs Open 24/7?

Do Bank 2 ATMs accept cash deposits?

Can Bank 2 customers use other ATMs?

Do Bank 2 branches have notaries?

Will Bank 2 notarize my document?

What address for Bank 2 should I put for incoming ACH transfers?

Will the Bank 2 branch print checks?

Do Bank 2 checks expire?

Does Bank 2 require US citizenship to open account?

Can Bank 2 close my account?

Does Bank 2 Report to credit bureaus?

Does Bank 2 Use Equifax?

What is Bank 2's ACH Routing Number?

What is Bank 2's SWIFT code?

Products

Does Bank 2 offer mortgages?

Compare mortgage rates here.

Does Bank 2 offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank 2 offer personal loans?

Compare personal loan rates here.

Does Bank 2 offer student loans?

Will Bank 2 cash a check?

Will Bank 2 redeem a savings bond?

Does Bank 2 cash savings bonds?

Will Bank 2 cash money orders?

Can Bank 2 issue a money order?

Does Bank 2 do currency exchange?

Background on The Bank

Who owns Bank 2?

How long has Bank 2 been around?

Can Bank 2 transfer to other banks?

Does Bank 2 have quick pay?

Does Bank 2 accept rolled coins?

Will Bank 2 accept loose change?

Where is Bank 2 headquarters?

Customer Reviews for Bank 2

There are currently no comments for Bank 2. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →