Bank of Dudley

Headquarters

1448 Second Street
Dudley, GA 31022
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 0.95% →
1-Year CD 0.50% 1.01% →
2-Year CD 0.65% 0.95% →
5-Year CD 1.00% 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 Dudley is an FDIC insured institution located in Dudley, GA. It was founded in 1905 and has approximately $0.23 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 9068
Date Established 1905
Assets $ 230.42 million
Loans $ 155.74 million
Deposits $ 200.03 million
Capital $ 29.96 million
 

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

Deposit Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $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
0.35% $25,000 $29,999 Learn More
Premium Money Market Account
0.20% $10,000 $14,999 Learn More
Premium Money Market Account
0.20% $25,000 $34,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.35% $10,000 $14,999 Learn More
6 Mo CD
0.35% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
18 Mo CD
0.50% $10,000 $14,999 Learn More
18 Mo CD
0.50% $100,000 $199,999 Learn More
24 Mo CD
0.65% $10,000 $14,999 Learn More
24 Mo CD
0.65% $100,000 $199,999 Learn More
36 Mo CD
0.75% $10,000 $14,999 Learn More
36 Mo CD
0.75% $100,000 $199,999 Learn More
48 Mo CD
1.00% $10,000 $14,999 Learn More
48 Mo CD
1.00% $100,000 $199,999 Learn More
60 Mo CD
1.00% $10,000 $14,999 Learn More
60 Mo CD
1.00% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.15% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Bank of Dudley

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
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.575% 2.500% 1.00 $2,468 $988 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
2.240 %
$0 Learn More
More Info

Note to Bank of Dudley
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Branches

Bank of Dudley 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 Dudley Locations


Financial Details

Bank of Dudley Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Dudley. 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 Dudley U.S. Bank Average
6.67% 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 Dudley had $1,839,000 in non-current loans and $309,000 in owned real estate. To cover these potential losses it had $29,955,000 in equity and $2,267,000 in loans loss reserves. That gives it a Texas Ratio of 6.67%.

Return on Equity
Bank of Dudley U.S. Bank Average
7.03% 7.80%

Bank of Dudley has a Return on Equity of 7.03% 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 Dudley U.S. Bank Average
13% 12.68%

Bank of Dudley has a Capitalization of 13% 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 Dudley Balance Sheet Analysis

As of March 31, 2020, Bank of Dudley had assets of $230,422,000, loans of $155,742,000, and deposits of $200,033,000. 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 $ 33.65 million
Interest-bearing balances $ 24.13 million
Total securities $ 27.91 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 155.74 million
Loan loss allowance $ 2.27 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.31 million
Goodwill and other intangibles N.A.
All other assets $ 4.96 million
     Total Assets $ 200.47 million
LIABILITIES
Total deposits $ 200.03 million
      Interest-bearing deposits $ 140.53 million
      Deposits held in domestic offices $ 200.03 million
      % insured (estimated) 82.56%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.43 million
      Total Liabilities $ 200.47 million
      Shareholders’ Equity $ 29.96 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.55 million
Total Interest Expense $ 0.17 million
Net interest income $ 2.38 million
Provision for loan and lease losses $ 0.23 million
Total non interest income $ 0.42 million
Total non interest expense $ 1.90 million
Pre-tax Net Operating Income $ 0.68 million

Bank Loan Profile?

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

Compared to other banks in Georgia, Bank of Dudley has a significantly higher percent of Commercial Real Estate 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 21.22
Multifamily
Mortgages
0.15
Credit Card Loans 0.63
Consumer Auto Loans 1.50
Small Business Loans 0.00
Construction and Development Loans 10.23
Commercial Real Estate 50.80
Commercial and Industrial Loans 12.57
Farm Loans 0.10

Frequently Asked Questions About Bank Of Dudley

Branches and Savings

Is Bank Of Dudley FDIC insured?

Yes. It is covered under FDIC Certificate #9068.

Why does Bank Of Dudley 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 Dudley CD rates not competitive?

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

Is Bank Of Dudley a commercial bank?

Yes

Where are Bank Of Dudley locations?

See branch locations nearby.

Is Bank Of Dudley open on Saturdays?

Is Bank Of Dudley open on Sundays?

What time does Bank Of Dudley open?

What time does Bank Of Dudley close?

Are Bank Of Dudley ATMs Open 24/7?

Do Bank Of Dudley ATMs accept cash deposits?

Can Bank Of Dudley customers use other ATMs?

Do Bank Of Dudley branches have notaries?

Will Bank Of Dudley notarize my document?

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

Will the Bank Of Dudley branch print checks?

Do Bank Of Dudley checks expire?

Does Bank Of Dudley require US citizenship to open account?

Can Bank Of Dudley close my account?

Does Bank Of Dudley Report to credit bureaus?

Does Bank Of Dudley Use Equifax?

What is Bank Of Dudley's ACH Routing Number?

What is Bank Of Dudley's SWIFT code?

Products

Does Bank Of Dudley offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Dudley offer personal loans?

Compare personal loan rates here.

Does Bank Of Dudley offer student loans?

Will Bank Of Dudley cash a check?

Will Bank Of Dudley redeem a savings bond?

Does Bank Of Dudley cash savings bonds?

Will Bank Of Dudley cash money orders?

Can Bank Of Dudley issue a money order?

Does Bank Of Dudley do currency exchange?

Background on The Bank

Who owns Bank Of Dudley?

How long has Bank Of Dudley been around?

Can Bank Of Dudley transfer to other banks?

Does Bank Of Dudley have quick pay?

Does Bank Of Dudley accept rolled coins?

Will Bank Of Dudley accept loose change?

Where is Bank Of Dudley headquarters?

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