Bank of Belle Glade

108 Southeast Avenue D
Belle Glade, FL 33430

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 18930
Date Established 1963
Assets $0.11 billion
Loans $0.04 billion
Deposits $0.10 billion
Capital $0.01 billion

Bank of Belle Glade is an FDIC insured institution located in Belle Glade, FL. It was founded in 1963 and has approximately $0.11 billion in assets.

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

Compared to other banks, Bank of Belle Glade’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 36.62
Multifamily
Mortgages
0.63
Credit Card Loans 0.00
Consumer Auto Loans 0.45
Small Business Loans 18.69
Construction and Development Loans 1.65
Commercial Real Estate 37.51
Commercial and Industrial Loans 14.26
Farm Loans 0.41

Deposit Rates - June 20, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $1 $24,999 Learn MoreShow Less
Money Market
0.25% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.25% $1,000 - Learn MoreShow Less
6 Mo CD
0.50% $1,000 - Learn MoreShow Less
12 Mo CD
1.26% $1,000 - Learn MoreShow Less
18 Mo CD
1.26% $1,000 - Learn MoreShow Less
24 Mo CD
1.31% $1,000 - Learn MoreShow Less
36 Mo CD
1.41% $1,000 - Learn MoreShow Less
48 Mo CD
1.51% $1,000 - Learn MoreShow Less
60 Mo CD
1.56% $1,000 - Learn MoreShow Less

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 - Learn MoreShow Less

Loan Rates - June 20, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Bank of Belle Glade

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

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
Figure Home Equity Line
Figure Home Equity Line
5.490 %
N/A Learn More
More Info

Note to Bank of Belle Glade
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Branches

Bank of Belle Glade 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 of Belle Glade Locations


Financial Details

Bank of Belle Glade Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Belle Glade. 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 of Belle Glade U.S. Bank Average
0% 6.97%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 December 31, 2018, Bank of Belle Glade had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $8,818,000 in equity and $400,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Bank of Belle Glade U.S. Bank Average
9.02% 8.80%

Bank of Belle Glade has a Return on Equity of 9.02% versus the BestCashCow average of 8.80%. 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 of Belle Glade U.S. Bank Average
8.13% 12.29%

Bank of Belle Glade has a Capitalization of 8.13% versus the BestCashCow average of 12.29. 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 of Belle Glade Balance Sheet Analysis

As of December 31, 2018, Bank of Belle Glade had assets of $108,494,000, loans of $36,294,000, and deposits of $99,538,000. 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

December 31, 2018
ASSETS
Cash & Balances due from depository institutions $0.04 billion
Interest-bearing balances $0.03 billion
Total securities $0.03 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.04 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.10 billion
LIABILITIES
Total deposits $0.10 billion
      Interest-bearing deposits $0.06 billion
      Deposits held in domestic offices $0.10 billion
      % insured (estimated) 54.96%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.10 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Bank Of Belle Glade

Branches and Savings

Is Bank Of Belle Glade FDIC insured?

Yes. It is covered under FDIC Certificate #18930.

Why does Bank Of Belle Glade pay such low interest on savings accounts?

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

Why are Bank Of Belle Glade CD rates not competitive?

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

Is Bank Of Belle Glade a commercial bank?

Yes

Where are Bank Of Belle Glade locations?

See branch locations nearby.

Is Bank Of Belle Glade open on Saturdays?

Is Bank Of Belle Glade open on Sundays?

What time does Bank Of Belle Glade open?

What time does Bank Of Belle Glade close?

Are Bank Of Belle Glade ATMs Open 24/7?

Do Bank Of Belle Glade ATMs accept cash deposits?

Can Bank Of Belle Glade customers use other ATMs?

Do Bank Of Belle Glade branches have notaries?

Will Bank Of Belle Glade notarize my document?

What address for Bank Of Belle Glade should I put for incoming ACH transfers?

Will the Bank Of Belle Glade branch print checks?

Do Bank Of Belle Glade checks expire?

Does Bank Of Belle Glade require US citizenship to open account?

Can Bank Of Belle Glade close my account?

Does Bank Of Belle Glade Report to credit bureaus?

Does Bank Of Belle Glade Use Equifax?

What is Bank Of Belle Glade's ACH Routing Number?

What is Bank Of Belle Glade's SWIFT code?

Products

Does Bank Of Belle Glade offer mortgages?

Compare mortgage rates here.

Does Bank Of Belle Glade offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank Of Belle Glade offer personal loans?

Compare personal loan rates here.

Does Bank Of Belle Glade offer student loans?

Will Bank Of Belle Glade cash a check?

Will Bank Of Belle Glade redeem a savings bond?

Does Bank Of Belle Glade cash savings bonds?

Will Bank Of Belle Glade cash money orders?

Can Bank Of Belle Glade issue a money order?

Does Bank Of Belle Glade do currency exchange?

Background on The Bank

Who owns Bank Of Belle Glade?

How long has Bank Of Belle Glade been around?

Can Bank Of Belle Glade transfer to other banks?

Does Bank Of Belle Glade have quick pay?

Does Bank Of Belle Glade accept rolled coins?

Will Bank Of Belle Glade accept loose change?

Where is Bank Of Belle Glade headquarters?

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