Bank of Bolivar

Headquarters

495 South Springfield Avenue
Bolivar, MO 65613
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.35% 1.00% →
1-Year CD 0.51% 0.95% →
2-Year CD 0.58% 1.05% →
5-Year CD 0.81% 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 of Bolivar is an FDIC insured institution located in Bolivar, MO. It was founded in 1997 and has approximately $0.32 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 34397
Date Established 1997
Assets $ 318.90 million
Loans $ 251.92 million
Deposits $ 277.79 million
Capital $ 38.27 million
 

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

Deposit Rates - October 1, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.35% $2,500 $4,999 Learn More
Money Market
0.35% $2,500 $2,999 Learn More
Money Market
0.35% $10,000 $14,999 Learn More
Money Market
0.45% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.21% $10,000 $14,999 Learn More
3 Mo CD
0.21% $100,000 $199,999 Learn More
6 Mo CD
0.31% $10,000 $14,999 Learn More
6 Mo CD
0.31% $100,000 $199,999 Learn More
12 Mo CD
0.51% $10,000 $14,999 Learn More
12 Mo CD
0.51% $100,000 $199,999 Learn More
18 Mo CD
0.51% $10,000 $14,999 Learn More
18 Mo CD
0.51% $100,000 $199,999 Learn More
24 Mo CD
0.58% $10,000 $14,999 Learn More
24 Mo CD
0.58% $100,000 $199,999 Learn More
30 Mo CD
0.58% $10,000 $14,999 Learn More
30 Mo CD
0.58% $100,000 $199,999 Learn More
36 Mo CD
0.64% $10,000 $14,999 Learn More
36 Mo CD
0.64% $100,000 $199,999 Learn More
48 Mo CD
0.71% $10,000 $14,999 Learn More
48 Mo CD
0.71% $100,000 $199,999 Learn More
60 Mo CD
0.81% $10,000 $14,999 Learn More
60 Mo CD
0.81% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 1, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Bank of Bolivar

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
See Table
3.750 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

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

Branches

Bank of Bolivar 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:
Fairfield,Connecticut


Bank of Bolivar Locations


Financial Details

Bank of Bolivar Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Bolivar. 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 Bolivar U.S. Bank Average
5.74% 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 of Bolivar had $379,000 in non-current loans and $1,821,000 in owned real estate. To cover these potential losses it had $38,268,000 in equity and $82,000 in loans loss reserves. That gives it a Texas Ratio of 5.74%.

Return on Equity
Bank of Bolivar U.S. Bank Average
4.15% 7.80%

Bank of Bolivar has a Return on Equity of 4.15% 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 of Bolivar U.S. Bank Average
12% 12.68%

Bank of Bolivar has a Capitalization of 12% 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 of Bolivar Balance Sheet Analysis

As of March 31, 2020, Bank of Bolivar had assets of $318,899,000, loans of $251,922,000, and deposits of $277,789,000. 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 $ 13.82 million
Interest-bearing balances $ 8.65 million
Total securities $ 21.17 million
Federal funds sold and reverse repurchase $ 2.56 million
Net loans and leases $ 251.92 million
Loan loss allowance $ 0.08 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.82 million
Goodwill and other intangibles $ 15.07 million
All other assets $ 7.56 million
     Total Assets $ 280.63 million
LIABILITIES
Total deposits $ 277.79 million
      Interest-bearing deposits $ 235.77 million
      Deposits held in domestic offices $ 277.79 million
      % insured (estimated) 84.37%
Federal funds purchased and repurchase agreements $ 1.04 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 1.80 million
      Total Liabilities $ 280.63 million
      Shareholders’ Equity $ 38.27 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.48 million
Total Interest Expense $ 0.28 million
Net interest income $ 1.21 million
Provision for loan and lease losses $ 0.09 million
Total non interest income $ 0.16 million
Total non interest expense $ 0.84 million
Pre-tax Net Operating Income $ 0.45 million

Bank Loan Profile?

The top three loan types in Bank of Bolivar’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Missouri, Bank of Bolivar has a significantly higher percent of Multifamily Mortgages 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 38.51
Multifamily
Mortgages
6.63
Credit Card Loans 0.00
Consumer Auto Loans 1.04
Small Business Loans 0.00
Construction and Development Loans 6.94
Commercial Real Estate 25.81
Commercial and Industrial Loans 6.68
Farm Loans 3.63

Frequently Asked Questions About Bank Of Bolivar

Branches and Savings

Is Bank Of Bolivar FDIC insured?

Yes. It is covered under FDIC Certificate #34397.

Why does Bank Of Bolivar 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 Bolivar CD rates not competitive?

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

Is Bank Of Bolivar a commercial bank?

Yes

Where are Bank Of Bolivar locations?

See branch locations nearby.

Is Bank Of Bolivar open on Saturdays?

Is Bank Of Bolivar open on Sundays?

What time does Bank Of Bolivar open?

What time does Bank Of Bolivar close?

Are Bank Of Bolivar ATMs Open 24/7?

Do Bank Of Bolivar ATMs accept cash deposits?

Can Bank Of Bolivar customers use other ATMs?

Do Bank Of Bolivar branches have notaries?

Will Bank Of Bolivar notarize my document?

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

Will the Bank Of Bolivar branch print checks?

Do Bank Of Bolivar checks expire?

Does Bank Of Bolivar require US citizenship to open account?

Can Bank Of Bolivar close my account?

Does Bank Of Bolivar Report to credit bureaus?

Does Bank Of Bolivar Use Equifax?

What is Bank Of Bolivar's ACH Routing Number?

What is Bank Of Bolivar's SWIFT code?

Products

Does Bank Of Bolivar offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Bolivar offer personal loans?

Compare personal loan rates here.

Does Bank Of Bolivar offer student loans?

Will Bank Of Bolivar cash a check?

Will Bank Of Bolivar redeem a savings bond?

Does Bank Of Bolivar cash savings bonds?

Will Bank Of Bolivar cash money orders?

Can Bank Of Bolivar issue a money order?

Does Bank Of Bolivar do currency exchange?

Background on The Bank

Who owns Bank Of Bolivar?

How long has Bank Of Bolivar been around?

Can Bank Of Bolivar transfer to other banks?

Does Bank Of Bolivar have quick pay?

Does Bank Of Bolivar accept rolled coins?

Will Bank Of Bolivar accept loose change?

Where is Bank Of Bolivar headquarters?

Customer Reviews for Bank of Bolivar

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

Add Your Review

Rate it here →