Bank of Eastman

130 Oak Street
Eastman, GA 31023

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 877
Date Established 1919
Assets $0.17 billion
Loans $0.12 billion
Deposits $0.15 billion
Capital $0.02 billion

Bank of Eastman is an FDIC insured institution located in Eastman, GA. It was founded in 1919 and has approximately $0.17 billion in assets. Customers can open an account at one of its 4 branches.

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

Compared to other banks, Bank of Eastman’s loan portfolio does not show any specific loan specialty.

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 38.34
Multifamily
Mortgages
1.72
Credit Card Loans 0.73
Consumer Auto Loans 5.84
Small Business Loans 16.89
Construction and Development Loans 1.89
Commercial Real Estate 30.41
Commercial and Industrial Loans 10.81
Farm Loans 1.60

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.25% $500 - Learn MoreShow Less
3 Mo CD 10K
0.10% $500 - Learn MoreShow Less
6 Mo CD 10K
0.35% $500 - Learn MoreShow Less
6 Mo CD 10K
0.25% $500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.10% $50 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.50% $500 - Learn MoreShow Less
Fixed IRA 0K
0.45% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1 $2,499 Learn MoreShow Less
Int Ckg 2.5K
0.10% $2,500 $24,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Eastman

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
Rocket Mortgage
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 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 Eastman
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Branches

Bank of Eastman 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 Eastman Locations

Financial Details

Bank of Eastman Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Eastman. 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 Eastman U.S. Bank Average
103.21% 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 Eastman had $4,308,000 in non-current loans and $13,685,000 in owned real estate. To cover these potential losses it had $15,827,000 in equity and $1,607,000 in loans loss reserves. That gives it a Texas Ratio of 103.21%. 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 Eastman U.S. Bank Average
9.3% 8.58

Bank of Eastman has a Return on Equity of 9.3% 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 Eastman U.S. Bank Average
9.11% 12.11

Bank of Eastman has a Capitalization of 9.11% 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 Eastman Balance Sheet Analysis

As of June 30, 2017, Bank of Eastman had assets of $173,799,000, loans of $117,834,000, and deposits of $153,633,000. 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 Eastman

Branches and Savings

Is Bank of Eastman FDIC insured?

Yes. It is covered under FDIC Certificate #877.

Why does Bank of Eastman 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 Eastman CD rates not competitive?

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

Is Bank of Eastman a commercial bank?

Yes

Where are Bank of Eastman locations?

See branch locations nearby.

Is Bank of Eastman open on Saturdays?

Is Bank of Eastman open on Sundays?

What time does Bank of Eastman open?

What time does Bank of Eastman close?

Are Bank of Eastman ATMs Open 24/7?

Do Bank of Eastman ATMs accept cash deposits?

Can Bank of Eastman customers use other ATMs?

Do Bank of Eastman branches have notaries?

Will Bank of Eastman notarize my document?

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

Will the Bank of Eastman branch print checks?

Do Bank of Eastman checks expire?

Does Bank of Eastman require US citizenship to open account?

Can Bank of Eastman close my account?

Does Bank of Eastman Report to credit bureaus?

Does Bank of Eastman Use Equifax?

What is Bank of Eastman's ACH Routing Number?

What is Bank of Eastman's SWIFT code?

Products

Does Bank of Eastman offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank of Eastman offer personal loans?

Compare personal loan rates here.

Does Bank of Eastman offer student loans?

Will Bank of Eastman cash a check?

Will Bank of Eastman redeem a savings bond?

Does Bank of Eastman cash savings bonds?

Will Bank of Eastman cash money orders?

Can Bank of Eastman issue a money order?

Does Bank of Eastman do currency exchange?

Background on The Bank

Who owns Bank of Eastman?

How long has Bank of Eastman been around?

Can Bank of Eastman transfer to other banks?

Does Bank of Eastman have quick pay?

Does Bank of Eastman accept rolled coins?

Will Bank of Eastman accept loose change?

Where is Bank of Eastman headquarters?

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