Bank of Benoit

28-30 Main Street
Benoit, MS 38725

Overview

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 Commercial and Industrial Loans, Commercial Real Estate, 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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 7.64
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 17.32
Small Business Loans 18.69
Construction and Development Loans 0.00
Commercial Real Estate 18.69
Commercial and Industrial Loans 21.60
Farm Loans 16.80

Savings Rates

Your Current Location: Virginia, VA 20146

Loan Rates

Your Current Location: Virginia, VA 20146

BestCashCow tracks mortgage, home equity, and auto loan rates. In the future, we will be adding other loan products. Please contact the lender for questions about their loan products.

There are currently no rates available for Bank of Benoit

We're working to get rates for every bank in the world. Please bare with us until we are able to get rates for this bank.

Back to Bank of Benoit

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

Branches

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:
Ashburn,Virginia


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. Please remember that all banks listed on BestCashCow.com are FDIC insured while all credit unions are similarly insured by the NCUA. No depositor has ever lost money while their funds have been insured by the FDIC or NCUA.

Texas Ratio
Bank of Benoit U.S. Bank Average
14.5% 9.11%

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, 2016, Bank of Benoit had $288,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $1,933,000 in equity and $53,000 in loans loss reserves. That gives it a Texas Ratio of 14.5%. 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
1.65% 9.45%

Bank of Benoit has a Return on Equity of 1.65% versus the BestCashCow average of 9.45%. 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 Benoit U.S. Bank Average
11.6% 11.28%

Bank of Benoit has a Capitalization of 11.6% versus the BestCashCow average of 11.28%. 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, 2016, Bank of Benoit had assets of $16,659,000, loans of $4,751,000, and deposits of $14,683,000. 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 →