Bank of Buffalo

2441 Greensburg Road
Buffalo, KY 42716

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 2733
Date Established 1901
Assets $0.07 billion
Loans $0.04 billion
Deposits $0.06 billion
Capital $0.01 billion

Bank of Buffalo is an FDIC insured institution located in Buffalo, KY. It was founded in 1901 and has approximately $0.07 billion in assets. Customers can open an account at one of its 2 branches.

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

Compared to other banks in Kentucky, Bank of Buffalo has a significantly higher percent of Consumer Auto 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 48.12
Multifamily
Mortgages
2.45
Credit Card Loans 0.00
Consumer Auto Loans 5.30
Small Business Loans 13.01
Construction and Development Loans 0.96
Commercial Real Estate 13.01
Commercial and Industrial Loans 4.08
Farm Loans 1.46

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.15% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
1.51% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.15% $1,000 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Buffalo

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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
4.553% 4.500% 0.13 $1,550 $1,267 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
License#: MC-2462
4.544% 4.500% 0.00 $1,305 $1,267 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.320% 4.250% 0.38 $2,190 $1,230 Learn More
PenFed Credit Union
NMLS ID: 401822
4.459% 4.375% 0.00 $2,500 $1,249 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.990% $238.42 Learn More
Flagstar Bank 5.490% $283.58 Learn More

Note to Bank of Buffalo
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Branches

Bank of Buffalo 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 Buffalo Locations

Financial Details

Bank of Buffalo Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Buffalo. 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 Buffalo U.S. Bank Average
7.99% 8.32%

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 September 30, 2017, Bank of Buffalo had $583,000 in non-current loans and $79,000 in owned real estate. To cover these potential losses it had $7,903,000 in equity and $387,000 in loans loss reserves. That gives it a Texas Ratio of 7.99%.

Return on Equity
Bank of Buffalo U.S. Bank Average
13.69% 8.84%

Bank of Buffalo has a Return on Equity of 13.69% versus the BestCashCow average of 8.84%. 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 Buffalo U.S. Bank Average
10.54% 12.21%

Bank of Buffalo has a Capitalization of 10.54% versus the BestCashCow average of 12.21. 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 Buffalo Balance Sheet Analysis

As of December 31, 2017, Bank of Buffalo had assets of $74,960,000, loans of $40,844,000, and deposits of $59,303,000. 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

ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 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 $0.07 billion
LIABILITIES
Total deposits $0.06 billion
      Interest-bearing deposits $0.05 billion
      Deposits held in domestic offices $0.06 billion
      % insured (estimated) 95.95%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.01 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.07 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

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 Buffalo

Branches and Savings

Is Bank Of Buffalo FDIC insured?

Yes. It is covered under FDIC Certificate #2733.

Why does Bank Of Buffalo 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 Buffalo CD rates not competitive?

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

Is Bank Of Buffalo a commercial bank?

Yes

Where are Bank Of Buffalo locations?

See branch locations nearby.

Is Bank Of Buffalo open on Saturdays?

Is Bank Of Buffalo open on Sundays?

What time does Bank Of Buffalo open?

What time does Bank Of Buffalo close?

Are Bank Of Buffalo ATMs Open 24/7?

Do Bank Of Buffalo ATMs accept cash deposits?

Can Bank Of Buffalo customers use other ATMs?

Do Bank Of Buffalo branches have notaries?

Will Bank Of Buffalo notarize my document?

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

Will the Bank Of Buffalo branch print checks?

Do Bank Of Buffalo checks expire?

Does Bank Of Buffalo require US citizenship to open account?

Can Bank Of Buffalo close my account?

Does Bank Of Buffalo Report to credit bureaus?

Does Bank Of Buffalo Use Equifax?

What is Bank Of Buffalo's ACH Routing Number?

What is Bank Of Buffalo's SWIFT code?

Products

Does Bank Of Buffalo offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Buffalo offer personal loans?

Compare personal loan rates here.

Does Bank Of Buffalo offer student loans?

Will Bank Of Buffalo cash a check?

Will Bank Of Buffalo redeem a savings bond?

Does Bank Of Buffalo cash savings bonds?

Will Bank Of Buffalo cash money orders?

Can Bank Of Buffalo issue a money order?

Does Bank Of Buffalo do currency exchange?

Background on The Bank

Who owns Bank Of Buffalo?

How long has Bank Of Buffalo been around?

Can Bank Of Buffalo transfer to other banks?

Does Bank Of Buffalo have quick pay?

Does Bank Of Buffalo accept rolled coins?

Will Bank Of Buffalo accept loose change?

Where is Bank Of Buffalo headquarters?

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