Bank of Easton

275 Washington Street
North Easton, MA 02356

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 26554
Date Established 1889
Assets $0.14 billion
Loans $0.08 billion
Deposits $0.11 billion
Capital $0.02 billion

Bank of Easton is an FDIC insured institution located in North Easton, MA. It was founded in 1889 and has approximately $0.14 billion in assets. Customers can open an account at one of its 2 branches.

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

Compared to other banks in Massachusetts, Bank of Easton has a significantly higher percent of 1-4 Family Residential 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 93.74
Multifamily
Mortgages
0.36
Credit Card Loans 0.00
Consumer Auto Loans 0.51
Small Business Loans 2.19
Construction and Development Loans 0.00
Commercial Real Estate 5.51
Commercial and Industrial Loans 0.04
Farm Loans 0.00

Deposit Rates - November 12, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.25% $2,500 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.20% $2,500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.55% $500 - Learn MoreShow Less
Special: 15 Mo FIRA
2.30% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $25 - Learn MoreShow Less
Checking Rates APY MIN FEE
Totally Free Checking Account 0.00% $0 $0.00 Learn MoreShow Less
NOW Checking Account 0.00% $400 $0.00 Learn MoreShow Less

Loan Rates - November 12, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Easton

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
HSBC Bank USA N.A.
NMLS ID: 399799
5.158% 5.125% -0.13 $1,046 $1,362 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings and Loans 4.24% $246 Learn More
Flagstar Bank 5.49% $284 Learn More

Note to Bank of Easton
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Branches

Bank of Easton 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 Easton Locations

Financial Details

Bank of Easton Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Easton. 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 Easton U.S. Bank Average
0.15% 7.92%

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 June 30, 2018, Bank of Easton had $24,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $15,678,000 in equity and $446,000 in loans loss reserves. That gives it a Texas Ratio of 0.15%.

Return on Equity
Bank of Easton U.S. Bank Average
5.79% 9.77%

Bank of Easton has a Return on Equity of 5.79% versus the BestCashCow average of 9.77%. 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 Easton U.S. Bank Average
11.3% 12.31%

Bank of Easton has a Capitalization of 11.3% versus the BestCashCow average of 12.31. 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 Easton Balance Sheet Analysis

As of June 30, 2018, Bank of Easton had assets of $138,709,000, loans of $82,312,000, and deposits of $114,107,000. 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

June 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.02 billion
Total securities $0.03 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.08 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 $0.01 billion
     Total Assets $0.12 billion
LIABILITIES
Total deposits $0.11 billion
      Interest-bearing deposits $0.09 billion
      Deposits held in domestic offices $0.11 billion
      % insured (estimated) 87.20%
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 $0.12 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

June 30, 2018
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 Easton

Branches and Savings

Is Bank Of Easton FDIC insured?

Yes. It is covered under FDIC Certificate #26554.

Why does Bank Of Easton 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 Easton CD rates not competitive?

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

Is Bank Of Easton a commercial bank?

Yes

Where are Bank Of Easton locations?

See branch locations nearby.

Is Bank Of Easton open on Saturdays?

Is Bank Of Easton open on Sundays?

What time does Bank Of Easton open?

What time does Bank Of Easton close?

Are Bank Of Easton ATMs Open 24/7?

Do Bank Of Easton ATMs accept cash deposits?

Can Bank Of Easton customers use other ATMs?

Do Bank Of Easton branches have notaries?

Will Bank Of Easton notarize my document?

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

Will the Bank Of Easton branch print checks?

Do Bank Of Easton checks expire?

Does Bank Of Easton require US citizenship to open account?

Can Bank Of Easton close my account?

Does Bank Of Easton Report to credit bureaus?

Does Bank Of Easton Use Equifax?

What is Bank Of Easton's ACH Routing Number?

What is Bank Of Easton's SWIFT code?

Products

Does Bank Of Easton offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Easton offer personal loans?

Compare personal loan rates here.

Does Bank Of Easton offer student loans?

Will Bank Of Easton cash a check?

Will Bank Of Easton redeem a savings bond?

Does Bank Of Easton cash savings bonds?

Will Bank Of Easton cash money orders?

Can Bank Of Easton issue a money order?

Does Bank Of Easton do currency exchange?

Background on The Bank

Who owns Bank Of Easton?

How long has Bank Of Easton been around?

Can Bank Of Easton transfer to other banks?

Does Bank Of Easton have quick pay?

Does Bank Of Easton accept rolled coins?

Will Bank Of Easton accept loose change?

Where is Bank Of Easton headquarters?

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