Bank of Franklin County

Headquarters

900 East Eighth Street
Washington, MO 63090
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.95% →
1-Year CD 0.45% 1.01% →
2-Year CD 0.85% 0.95% →
5-Year CD 1.11% 1.30% →
30-Year Mortgage 3.40% 2.80% →
15-Year Mortgage 3.20% 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Bank of Franklin County is an FDIC insured institution located in Washington, MO. It was founded in 2000 and has approximately $0.27 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 35543
Date Established 2000
Assets $ 267.22 million
Loans $ 200.81 million
Deposits $ 229.98 million
Capital $ 24.75 million
 

For a more detailed analysis of Bank of Franklin County'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: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.05% $10,000 $14,999 Learn More
Money Market
0.05% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.05% $10,000 $14,999 Learn More
3 Mo CD
0.05% $100,000 $199,999 Learn More
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $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
0.60% $10,000 $14,999 Learn More
18 Mo CD
0.60% $100,000 $199,999 Learn More
24 Mo CD
0.85% $10,000 $14,999 Learn More
24 Mo CD
0.85% $100,000 $199,999 Learn More
36 Mo CD
0.90% $10,000 $14,999 Learn More
36 Mo CD
0.90% $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
1.11% $10,000 $14,999 Learn More
60 Mo CD
1.11% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 21, 2020

Your Current Location: Virginia, VA 20146

Refinance Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Bank of Franklin County 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 Franklin County Locations


Financial Details

Bank of Franklin County Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Franklin County. 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 Franklin County U.S. Bank Average
14.3% 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 Franklin County had $757,000 in non-current loans and $3,150,000 in owned real estate. To cover these potential losses it had $24,747,000 in equity and $2,570,000 in loans loss reserves. That gives it a Texas Ratio of 14.3%.

Return on Equity
Bank of Franklin County U.S. Bank Average
6.99% 7.80%

Bank of Franklin County has a Return on Equity of 6.99% 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 Franklin County U.S. Bank Average
9.26% 12.68%

Bank of Franklin County has a Capitalization of 9.26% 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 Franklin County Balance Sheet Analysis

As of March 31, 2020, Bank of Franklin County had assets of $267,221,000, loans of $200,806,000, and deposits of $229,980,000. 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 $ 5.97 million
Interest-bearing balances $ 2.07 million
Total securities $ 34.87 million
Federal funds sold and reverse repurchase $ 5.10 million
Net loans and leases $ 200.81 million
Loan loss allowance $ 2.57 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 3.15 million
Goodwill and other intangibles $ 0.34 million
All other assets $ 8.29 million
     Total Assets $ 242.47 million
LIABILITIES
Total deposits $ 229.98 million
      Interest-bearing deposits $ 195.38 million
      Deposits held in domestic offices $ 229.98 million
      % insured (estimated) 84.46%
Federal funds purchased and repurchase agreements $ 0.75 million
Trading liabilities N.A.
Other borrowed funds $ 10.50 million
Subordinated debt N.A.
All other liabilities $ 1.25 million
      Total Liabilities $ 242.47 million
      Shareholders’ Equity $ 24.75 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.83 million
Total Interest Expense $ 0.64 million
Net interest income $ 2.19 million
Provision for loan and lease losses $ 0.11 million
Total non interest income $ 0.40 million
Total non interest expense $ 1.95 million
Pre-tax Net Operating Income $ 0.53 million

Bank Loan Profile?

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

Compared to other banks in Missouri, Bank of Franklin County has a significantly higher percent of Small Business Loans, Construction and Development Loans, 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 26.46
Multifamily
Mortgages
0.04
Credit Card Loans 0.00
Consumer Auto Loans 1.63
Small Business Loans 14.52
Construction and Development Loans 11.70
Commercial Real Estate 42.50
Commercial and Industrial Loans 15.76
Farm Loans 0.08

Frequently Asked Questions About Bank Of Franklin County

Branches and Savings

Is Bank Of Franklin County FDIC insured?

Yes. It is covered under FDIC Certificate #35543.

Why does Bank Of Franklin County 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 Franklin County CD rates not competitive?

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

Is Bank Of Franklin County a commercial bank?

Yes

Where are Bank Of Franklin County locations?

See branch locations nearby.

Is Bank Of Franklin County open on Saturdays?

Is Bank Of Franklin County open on Sundays?

What time does Bank Of Franklin County open?

What time does Bank Of Franklin County close?

Are Bank Of Franklin County ATMs Open 24/7?

Do Bank Of Franklin County ATMs accept cash deposits?

Can Bank Of Franklin County customers use other ATMs?

Do Bank Of Franklin County branches have notaries?

Will Bank Of Franklin County notarize my document?

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

Will the Bank Of Franklin County branch print checks?

Do Bank Of Franklin County checks expire?

Does Bank Of Franklin County require US citizenship to open account?

Can Bank Of Franklin County close my account?

Does Bank Of Franklin County Report to credit bureaus?

Does Bank Of Franklin County Use Equifax?

What is Bank Of Franklin County's ACH Routing Number?

What is Bank Of Franklin County's SWIFT code?

Products

Does Bank Of Franklin County offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Franklin County offer personal loans?

Compare personal loan rates here.

Does Bank Of Franklin County offer student loans?

Will Bank Of Franklin County cash a check?

Will Bank Of Franklin County redeem a savings bond?

Does Bank Of Franklin County cash savings bonds?

Will Bank Of Franklin County cash money orders?

Can Bank Of Franklin County issue a money order?

Does Bank Of Franklin County do currency exchange?

Background on The Bank

Who owns Bank Of Franklin County?

How long has Bank Of Franklin County been around?

Can Bank Of Franklin County transfer to other banks?

Does Bank Of Franklin County have quick pay?

Does Bank Of Franklin County accept rolled coins?

Will Bank Of Franklin County accept loose change?

Where is Bank Of Franklin County headquarters?

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