Bank of Birmingham

33583 Woodward Avenue
Birmingham, MI 48009

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58101
Date Established 2006
Assets $0.27 billion
Loans $0.26 billion
Deposits $0.26 billion
Capital $0.02 billion

Bank of Birmingham is an FDIC insured institution located in Birmingham, MI. It was founded in 2006 and has approximately $0.29 billion in assets.

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

Compared to other banks, Bank of Birmingham’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 17.32
Multifamily
Mortgages
4.48
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 11.78
Construction and Development Loans 4.23
Commercial Real Estate 44.16
Commercial and Industrial Loans 15.02
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

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


Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Birmingham

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
HomeDirect Mortgage
NMLS ID: 420821
3.888% 3.875% 0.13 $497 $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 of Birmingham
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Branches

Bank of Birmingham 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 Birmingham Locations

Financial Details

Bank of Birmingham Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Birmingham. 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 Birmingham U.S. Bank Average
1.21% 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 of Birmingham had $333,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $24,778,000 in equity and $2,643,000 in loans loss reserves. That gives it a Texas Ratio of 1.21%. 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 Birmingham U.S. Bank Average
7.78% 8.58

Bank of Birmingham has a Return on Equity of 7.78% 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 of Birmingham U.S. Bank Average
9.03% 12.11

Bank of Birmingham has a Capitalization of 9.03% 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 of Birmingham Balance Sheet Analysis

As of December 31, 2016, Bank of Birmingham had assets of $290,029,000, loans of $257,527,000, and deposits of $263,521,000. 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 of Birmingham

Branches and Savings

Is Bank of Birmingham FDIC insured?

Yes. It is covered under FDIC Certificate #58101.

Why does Bank of Birmingham 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 Birmingham CD rates not competitive?

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

Is Bank of Birmingham a commercial bank?

Yes

Where are Bank of Birmingham locations?

See branch locations nearby.

Is Bank of Birmingham open on Saturdays?

Is Bank of Birmingham open on Sundays?

What time does Bank of Birmingham open?

What time does Bank of Birmingham close?

Are Bank of Birmingham ATMs Open 24/7?

Do Bank of Birmingham ATMs accept cash deposits?

Can Bank of Birmingham customers use other ATMs?

Do Bank of Birmingham branches have notaries?

Will Bank of Birmingham notarize my document?

What address for Bank of Birmingham should I put for incoming ACH transfers?

Will the Bank of Birmingham branch print checks?

Do Bank of Birmingham checks expire?

Does Bank of Birmingham require US citizenship to open account?

Can Bank of Birmingham close my account?

Does Bank of Birmingham Report to credit bureaus?

Does Bank of Birmingham Use Equifax?

What is Bank of Birmingham's ACH Routing Number?

What is Bank of Birmingham's SWIFT code?

Products

Does Bank of Birmingham offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank of Birmingham offer personal loans?

Compare personal loan rates here.

Does Bank of Birmingham offer student loans?

Will Bank of Birmingham cash a check?

Will Bank of Birmingham redeem a savings bond?

Does Bank of Birmingham cash savings bonds?

Will Bank of Birmingham cash money orders?

Can Bank of Birmingham issue a money order?

Does Bank of Birmingham do currency exchange?

Background on The Bank

Who owns Bank of Birmingham?

How long has Bank of Birmingham been around?

Can Bank of Birmingham transfer to other banks?

Does Bank of Birmingham have quick pay?

Does Bank of Birmingham accept rolled coins?

Will Bank of Birmingham accept loose change?

Where is Bank of Birmingham headquarters?

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