Bank 21

Headquarters

One West Washington Avenue
Carrollton, MO 64633
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 0.95% →
1-Year CD 0.60% 1.01% →
2-Year CD 0.75% 0.95% →
5-Year CD 1.10% 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

Bank 21 is an FDIC insured institution located in Carrollton, MO. It was founded in 1912 and has approximately $0.14 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 8560
Date Established 1912
Assets $ 143.17 million
Loans $ 112.32 million
Deposits $ 115.49 million
Capital $ 12.01 million
 

For a more detailed analysis of Bank 21's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 25, 2020

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $2,500 $4,999 Learn More
Money Market
0.20% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.25% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $10,000 $14,999 Learn More
3 Mo CD
0.10% $100,000 $199,999 Learn More
6 Mo CD
0.35% $10,000 $14,999 Learn More
6 Mo CD
0.35% $100,000 $199,999 Learn More
Special: 11 Mo CD
0.70% $500 - Learn More
12 Mo CD
0.60% $10,000 $14,999 Learn More
12 Mo CD
0.60% $100,000 $199,999 Learn More
Special: 17 Mo CD
1.00% $500 - Learn More
18 Mo CD
0.60% $10,000 $14,999 Learn More
18 Mo CD
0.60% $100,000 $199,999 Learn More
24 Mo CD
0.75% $10,000 $14,999 Learn More
24 Mo CD
0.75% $100,000 $199,999 Learn More
36 Mo CD
0.80% $10,000 $14,999 Learn More
36 Mo CD
0.80% $100,000 $199,999 Learn More
48 Mo CD
0.95% $10,000 $14,999 Learn More
48 Mo CD
0.95% $100,000 $199,999 Learn More
60 Mo CD
1.10% $10,000 $14,999 Learn More
60 Mo CD
1.10% $100,000 $199,999 Learn More


Loan Rates - October 25, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Bank 21

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




Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
Cascadia Mortgage
NMLS ID: 1505422
License#: NMLS #1505422
2.830% 2.750% 0.63 $2,622 $1,021 Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.575% 2.500% 1.00 $2,470 $988 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to Bank 21
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Branches

Bank 21 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:
Seattle,Washington


Bank 21 Locations


Financial Details

Bank 21 Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank 21. 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 21 U.S. Bank Average
20.87% 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, Bank 21 had $145,000 in non-current loans and $2,707,000 in owned real estate. To cover these potential losses it had $12,009,000 in equity and $1,659,000 in loans loss reserves. That gives it a Texas Ratio of 20.87%.

Return on Equity
Bank 21 U.S. Bank Average
13.18% 7.80%

Bank 21 has a Return on Equity of 13.18% 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
Bank 21 U.S. Bank Average
8.39% 12.68%

Bank 21 has a Capitalization of 8.39% 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.

Bank 21 Balance Sheet Analysis

As of March 31, 2020, Bank 21 had assets of $143,170,000, loans of $112,315,000, and deposits of $115,486,000. 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 $ 11.75 million
Interest-bearing balances $ 8.81 million
Total securities $ 4.73 million
Federal funds sold and reverse repurchase $ 5.19 million
Net loans and leases $ 112.32 million
Loan loss allowance $ 1.66 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.71 million
Goodwill and other intangibles $ 0.12 million
All other assets $ 4.07 million
     Total Assets $ 131.16 million
LIABILITIES
Total deposits $ 115.49 million
      Interest-bearing deposits $ 89.38 million
      Deposits held in domestic offices $ 115.49 million
      % insured (estimated) 88.16%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 15.00 million
Subordinated debt N.A.
All other liabilities $ 0.68 million
      Total Liabilities $ 131.16 million
      Shareholders’ Equity $ 12.01 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.61 million
Total Interest Expense $ 0.42 million
Net interest income $ 1.20 million
Provision for loan and lease losses $ 0.06 million
Total non interest income $ 0.37 million
Total non interest expense $ 1.11 million
Pre-tax Net Operating Income $ 0.40 million

Bank Loan Profile?

The top three loan types in Bank 21’s loan portfolio are 1-4 Family Residential Loans, Construction and Development Loans, and Commercial and Industrial Loans.

Compared to other banks in Missouri, Bank 21 has a significantly higher percent of Construction and Development 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 46.67
Multifamily
Mortgages
2.15
Credit Card Loans 0.00
Consumer Auto Loans 0.58
Small Business Loans 0.00
Construction and Development Loans 17.77
Commercial Real Estate 9.85
Commercial and Industrial Loans 10.09
Farm Loans 4.81

Frequently Asked Questions About Bank 21

Branches and Savings

Is Bank 21 FDIC insured?

Yes. It is covered under FDIC Certificate #8560.

Why does Bank 21 pay such low interest on savings accounts?

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

Why are Bank 21 CD rates not competitive?

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

Is Bank 21 a commercial bank?

Yes

Where are Bank 21 locations?

See branch locations nearby.

Is Bank 21 open on Saturdays?

Is Bank 21 open on Sundays?

What time does Bank 21 open?

What time does Bank 21 close?

Are Bank 21 ATMs Open 24/7?

Do Bank 21 ATMs accept cash deposits?

Can Bank 21 customers use other ATMs?

Do Bank 21 branches have notaries?

Will Bank 21 notarize my document?

What address for Bank 21 should I put for incoming ACH transfers?

Will the Bank 21 branch print checks?

Do Bank 21 checks expire?

Does Bank 21 require US citizenship to open account?

Can Bank 21 close my account?

Does Bank 21 Report to credit bureaus?

Does Bank 21 Use Equifax?

What is Bank 21's ACH Routing Number?

What is Bank 21's SWIFT code?

Products

Does Bank 21 offer mortgages?

Compare mortgage rates here.

Does Bank 21 offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank 21 offer personal loans?

Compare personal loan rates here.

Does Bank 21 offer student loans?

Will Bank 21 cash a check?

Will Bank 21 redeem a savings bond?

Does Bank 21 cash savings bonds?

Will Bank 21 cash money orders?

Can Bank 21 issue a money order?

Does Bank 21 do currency exchange?

Background on The Bank

Who owns Bank 21?

How long has Bank 21 been around?

Can Bank 21 transfer to other banks?

Does Bank 21 have quick pay?

Does Bank 21 accept rolled coins?

Will Bank 21 accept loose change?

Where is Bank 21 headquarters?

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