Bank of Benoit

28-30 Main Street
Benoit, MS 38725


General Bank Information

FDIC Insured Yes
FDIC Certificate # 15817
Date Established 1904
Assets $0.02 billion
Loans $0.00 billion
Deposits $0.01 billion
Capital $0.00 billion

Bank of Benoit is an FDIC insured institution located in Benoit, MS. It was founded in 1904 and has approximately $0.02 billion in assets.

For a more detailed analysis of Bank of Benoit'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 Benoit’s loan portfolio are Farm Loans, Consumer Auto Loans, and Small Business Loans.

Compared to other banks in Mississippi, Bank of Benoit has a significantly higher percent of Consumer Auto Loans, Farm 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 6.87
Credit Card Loans 0.00
Consumer Auto Loans 18.20
Small Business Loans 15.94
Construction and Development Loans 0.00
Commercial Real Estate 15.94
Commercial and Industrial Loans 8.04
Farm Loans 18.79

Savings Rates

Your Current Location: Virginia, VA 20146

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

1.20% APY Online Savings Account from Ally Bank
1.50% APY 11 Month CD from Ally Bank

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Benoit

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
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
3.950% 3.950% 0.00 $0 $1,187 Learn More

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


Bank of Benoit 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:

Bank Of Benoit Locations

Financial Details

Bank of Benoit Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Benoit. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bank of Benoit U.S. Bank Average
11.04% 8.87%

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 March 31, 2017, Bank of Benoit had $220,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $1,956,000 in equity and $36,000 in loans loss reserves. That gives it a Texas Ratio of 11.04%. 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 of Benoit U.S. Bank Average
3.51% 8.39%

Bank of Benoit has a Return on Equity of 3.51% versus the BestCashCow average of 8.39%. 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.

Bank of Benoit U.S. Bank Average
12.24% 11.94%

Bank of Benoit has a Capitalization of 12.24% versus the BestCashCow average of 11.94%. 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 Benoit Balance Sheet Analysis

As of June 30, 2017, Bank of Benoit had assets of $15,983,000, loans of $4,253,000, and deposits of $13,986,000. 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.

Customer Reviews for Bank of Benoit

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

Add Your Review

Rate it here →