Bank of DeSoto, National Association

2011 North Hampton Road
De Soto, TX 75115

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 26542
Date Established 1986
Assets $0.19 billion
Loans $0.11 billion
Deposits $0.17 billion
Capital $0.02 billion

Bank of DeSoto, National Association is an FDIC insured institution located in De Soto, TX. It was founded in 1986 and has approximately $0.19 billion in assets.

For a more detailed analysis of Bank of DeSoto, National Association'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 DeSoto, National Association’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Consumer Auto Loans.

Compared to other banks in Texas, Bank of DeSoto, National Association 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 25.29
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 20.80
Small Business Loans 15.38
Construction and Development Loans 5.62
Commercial Real Estate 29.97
Commercial and Industrial Loans 12.72
Farm Loans 0.14

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.20% $2,500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.75% $2,500 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.25% $2,500 $24,999 Learn MoreShow Less
MM 25K
0.35% $25,000 $99,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1,500 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of DeSoto, National Association

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
License#: MC-2462
4.703% 4.625% 0.38 $2,265 $1,286 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
4.711% 4.625% 0.50 $2,510 $1,286 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.409% 4.375% 0.00 $1,104 $1,249 Learn More
PenFed Credit Union
NMLS ID: 401822
4.585% 4.500% 0.00 $2,500 $1,267 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 DeSoto, National Association
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Bank of DeSoto, National Association 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 DeSoto, National Association Locations

Financial Details

Bank of DeSoto, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of DeSoto, National Association. 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 DeSoto, National Association U.S. Bank Average
5.69% 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 DeSoto, National Association had $1,104,000 in non-current loans and $105,000 in owned real estate. To cover these potential losses it had $20,118,000 in equity and $1,121,000 in loans loss reserves. That gives it a Texas Ratio of 5.69%.

Return on Equity
Bank of DeSoto, National Association U.S. Bank Average
18.53% 8.84%

Bank of DeSoto, National Association has a Return on Equity of 18.53% 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 DeSoto, National Association U.S. Bank Average
10.54% 12.21%

Bank of DeSoto, National Association 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 DeSoto, National Association Balance Sheet Analysis

As of December 31, 2017, Bank of DeSoto, National Association had assets of $190,806,000, loans of $113,304,000, and deposits of $170,567,000. 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 $0.07 billion
Interest-bearing balances $0.06 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.11 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 $0.17 billion
LIABILITIES
Total deposits $0.17 billion
      Interest-bearing deposits $0.12 billion
      Deposits held in domestic offices $0.17 billion
      % insured (estimated) 79.53%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.17 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Bank Of Desoto, National Association

Branches and Savings

Is Bank Of Desoto, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #26542.

Why does Bank Of Desoto, National Association 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 Desoto, National Association CD rates not competitive?

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

Is Bank Of Desoto, National Association a commercial bank?

Yes

Where are Bank Of Desoto, National Association locations?

See branch locations nearby.

Is Bank Of Desoto, National Association open on Saturdays?

Is Bank Of Desoto, National Association open on Sundays?

What time does Bank Of Desoto, National Association open?

What time does Bank Of Desoto, National Association close?

Are Bank Of Desoto, National Association ATMs Open 24/7?

Do Bank Of Desoto, National Association ATMs accept cash deposits?

Can Bank Of Desoto, National Association customers use other ATMs?

Do Bank Of Desoto, National Association branches have notaries?

Will Bank Of Desoto, National Association notarize my document?

What address for Bank Of Desoto, National Association should I put for incoming ACH transfers?

Will the Bank Of Desoto, National Association branch print checks?

Do Bank Of Desoto, National Association checks expire?

Does Bank Of Desoto, National Association require US citizenship to open account?

Can Bank Of Desoto, National Association close my account?

Does Bank Of Desoto, National Association Report to credit bureaus?

Does Bank Of Desoto, National Association Use Equifax?

What is Bank Of Desoto, National Association's ACH Routing Number?

What is Bank Of Desoto, National Association's SWIFT code?

Products

Does Bank Of Desoto, National Association offer mortgages?

Compare mortgage rates here.

Does Bank Of Desoto, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank Of Desoto, National Association offer personal loans?

Compare personal loan rates here.

Does Bank Of Desoto, National Association offer student loans?

Will Bank Of Desoto, National Association cash a check?

Will Bank Of Desoto, National Association redeem a savings bond?

Does Bank Of Desoto, National Association cash savings bonds?

Will Bank Of Desoto, National Association cash money orders?

Can Bank Of Desoto, National Association issue a money order?

Does Bank Of Desoto, National Association do currency exchange?

Background on The Bank

Who owns Bank Of Desoto, National Association?

How long has Bank Of Desoto, National Association been around?

Can Bank Of Desoto, National Association transfer to other banks?

Does Bank Of Desoto, National Association have quick pay?

Does Bank Of Desoto, National Association accept rolled coins?

Will Bank Of Desoto, National Association accept loose change?

Where is Bank Of Desoto, National Association headquarters?

Customer Reviews for Bank of DeSoto, National Association

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

Add Your Review

Rate it here →