Bank of Eufaula

Headquarters

102 North Main
Eufaula, OK 74432
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.05% →
1-Year CD 0.45% 1.05% →
2-Year CD 0.55% 1.11% →
5-Year CD N.A. 1.56% →
30-Year Mortgage N.A. 2.88% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Bank of Eufaula is an FDIC insured institution located in Eufaula, OK. It was founded in 1911 and has approximately $0.1 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 4094
Date Established 1911
Assets $ 99.15 million
Loans $ 31.47 million
Deposits $ 83.32 million
Capital $ 14.24 million
 

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

Deposit Rates - August 14, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.20% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.40% $100,000 $199,999 Learn More
12 Mo CD
0.45% $10,000 $14,999 Learn More
12 Mo CD
0.45% $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
0.55% $10,000 $14,999 Learn More
24 Mo CD
0.55% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 14, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Eufaula

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More
1Rate, Inc
NMLS ID: 1948084
License#: MC-7051
2.970% 2.900% 0.88 $2,264 $1,041 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.914% 2.875% 0.50 $1,250 $1,038 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
3.500 %
$25,000 Learn More
More Info

Note to Bank of Eufaula
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Branches

Bank of Eufaula 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 Eufaula Locations


Financial Details

Bank of Eufaula Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Eufaula. 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 Eufaula U.S. Bank Average
5.09% 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 Eufaula had $531,000 in non-current loans and $211,000 in owned real estate. To cover these potential losses it had $14,239,000 in equity and $329,000 in loans loss reserves. That gives it a Texas Ratio of 5.09%.

Return on Equity
Bank of Eufaula U.S. Bank Average
5.99% 7.80%

Bank of Eufaula has a Return on Equity of 5.99% 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 Eufaula U.S. Bank Average
14.36% 12.68%

Bank of Eufaula has a Capitalization of 14.36% 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 Eufaula Balance Sheet Analysis

As of March 31, 2020, Bank of Eufaula had assets of $99,149,000, loans of $31,465,000, and deposits of $83,317,000. 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 $ 6.89 million
Interest-bearing balances $ 2.80 million
Total securities $ 47.91 million
Federal funds sold and reverse repurchase $ 6.51 million
Net loans and leases $ 31.47 million
Loan loss allowance $ 0.33 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.21 million
Goodwill and other intangibles N.A.
All other assets $ 4.83 million
     Total Assets $ 84.91 million
LIABILITIES
Total deposits $ 83.32 million
      Interest-bearing deposits $ 59.72 million
      Deposits held in domestic offices $ 83.32 million
      % insured (estimated) 76.25%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 1.59 million
      Total Liabilities $ 84.91 million
      Shareholders’ Equity $ 14.24 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.87 million
Total Interest Expense $ 0.09 million
Net interest income $ 0.79 million
Provision for loan and lease losses $ 0.01 million
Total non interest income $ 0.12 million
Total non interest expense $ 0.64 million
Pre-tax Net Operating Income $ 0.26 million

Bank Loan Profile?

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

Compared to other banks in Oklahoma, Bank of Eufaula has a significantly higher percent of 1-4 Family Residential Loans, 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 45.48
Multifamily
Mortgages
0.85
Credit Card Loans 0.00
Consumer Auto Loans 8.25
Small Business Loans 0.00
Construction and Development Loans 3.59
Commercial Real Estate 13.15
Commercial and Industrial Loans 8.27
Farm Loans 3.88

Frequently Asked Questions About Bank Of Eufaula

Branches and Savings

Is Bank Of Eufaula FDIC insured?

Yes. It is covered under FDIC Certificate #4094.

Why does Bank Of Eufaula 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 Eufaula CD rates not competitive?

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

Is Bank Of Eufaula a commercial bank?

Yes

Where are Bank Of Eufaula locations?

See branch locations nearby.

Is Bank Of Eufaula open on Saturdays?

Is Bank Of Eufaula open on Sundays?

What time does Bank Of Eufaula open?

What time does Bank Of Eufaula close?

Are Bank Of Eufaula ATMs Open 24/7?

Do Bank Of Eufaula ATMs accept cash deposits?

Can Bank Of Eufaula customers use other ATMs?

Do Bank Of Eufaula branches have notaries?

Will Bank Of Eufaula notarize my document?

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

Will the Bank Of Eufaula branch print checks?

Do Bank Of Eufaula checks expire?

Does Bank Of Eufaula require US citizenship to open account?

Can Bank Of Eufaula close my account?

Does Bank Of Eufaula Report to credit bureaus?

Does Bank Of Eufaula Use Equifax?

What is Bank Of Eufaula's ACH Routing Number?

What is Bank Of Eufaula's SWIFT code?

Products

Does Bank Of Eufaula offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Eufaula offer personal loans?

Compare personal loan rates here.

Does Bank Of Eufaula offer student loans?

Will Bank Of Eufaula cash a check?

Will Bank Of Eufaula redeem a savings bond?

Does Bank Of Eufaula cash savings bonds?

Will Bank Of Eufaula cash money orders?

Can Bank Of Eufaula issue a money order?

Does Bank Of Eufaula do currency exchange?

Background on The Bank

Who owns Bank Of Eufaula?

How long has Bank Of Eufaula been around?

Can Bank Of Eufaula transfer to other banks?

Does Bank Of Eufaula have quick pay?

Does Bank Of Eufaula accept rolled coins?

Will Bank Of Eufaula accept loose change?

Where is Bank Of Eufaula headquarters?

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