Bank of Clarks

301 N Green
Clarks, NE 68628

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 16953
Date Established 1937
Assets $0.03 billion
Loans $0.03 billion
Deposits $0.03 billion
Capital $0.00 billion

Bank of Clarks is an FDIC insured institution located in Clarks, NE. It was founded in 1937 and has approximately $0.03 billion in assets. Customers can open an account at one of its 2 branches.

For a more detailed analysis of Bank of Clarks'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 Clarks’s loan portfolio are Farm Loans, Consumer Auto Loans, and 1-4 Family Residential Loans.

Compared to other banks in Nebraska, Bank of Clarks 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 5.99
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 14.82
Small Business Loans 4.20
Construction and Development Loans 0.00
Commercial Real Estate 4.20
Commercial and Industrial Loans 5.68
Farm Loans 37.18

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.30% $500 - Learn MoreShow Less
6 Mo CD 10K
0.70% $500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Variable IRA Rates APY MIN MAX
Var IRA 0K
1.26% $500 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.20% $2,500 $9,999 Learn MoreShow Less
MM 10K
0.25% $10,000 $24,999 Learn MoreShow Less
MM 25K
0.35% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.10% $1 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Clarks

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
vLoan
NMLS ID: 2229
License#: MC-5591
4.064% 4.000% 0.25 $1,938 $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 Clarks
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Branches

Bank of Clarks 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 Clarks Locations

Financial Details

Bank of Clarks Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Clarks. 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 Clarks U.S. Bank Average
3.49% 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 Clarks had $153,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $3,981,000 in equity and $404,000 in loans loss reserves. That gives it a Texas Ratio of 3.49%. 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 Clarks U.S. Bank Average
7.89% 8.58

Bank of Clarks has a Return on Equity of 7.89% 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 Clarks U.S. Bank Average
11.45% 12.11

Bank of Clarks has a Capitalization of 11.45% 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 Clarks Balance Sheet Analysis

As of June 30, 2017, Bank of Clarks had assets of $34,776,000, loans of $28,618,000, and deposits of $30,492,000. 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 Clarks

Branches and Savings

Is Bank of Clarks FDIC insured?

Yes. It is covered under FDIC Certificate #16953.

Why does Bank of Clarks 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 Clarks CD rates not competitive?

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

Is Bank of Clarks a commercial bank?

Yes

Where are Bank of Clarks locations?

See branch locations nearby.

Is Bank of Clarks open on Saturdays?

Is Bank of Clarks open on Sundays?

What time does Bank of Clarks open?

What time does Bank of Clarks close?

Are Bank of Clarks ATMs Open 24/7?

Do Bank of Clarks ATMs accept cash deposits?

Can Bank of Clarks customers use other ATMs?

Do Bank of Clarks branches have notaries?

Will Bank of Clarks notarize my document?

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

Will the Bank of Clarks branch print checks?

Do Bank of Clarks checks expire?

Does Bank of Clarks require US citizenship to open account?

Can Bank of Clarks close my account?

Does Bank of Clarks Report to credit bureaus?

Does Bank of Clarks Use Equifax?

What is Bank of Clarks's ACH Routing Number?

What is Bank of Clarks's SWIFT code?

Products

Does Bank of Clarks offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank of Clarks offer personal loans?

Compare personal loan rates here.

Does Bank of Clarks offer student loans?

Will Bank of Clarks cash a check?

Will Bank of Clarks redeem a savings bond?

Does Bank of Clarks cash savings bonds?

Will Bank of Clarks cash money orders?

Can Bank of Clarks issue a money order?

Does Bank of Clarks do currency exchange?

Background on The Bank

Who owns Bank of Clarks?

How long has Bank of Clarks been around?

Can Bank of Clarks transfer to other banks?

Does Bank of Clarks have quick pay?

Does Bank of Clarks accept rolled coins?

Will Bank of Clarks accept loose change?

Where is Bank of Clarks headquarters?

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