Bank of Geneva

215 East Line Street
Geneva, IN 46740

Notable Rates APY Vs.Others
Savings N.A. 2.30% →
1-Year CD N.A. 2.25% →
2-Year CD N.A. 2.50% →
5-Year CD N.A. 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

Bank of Geneva is an FDIC insured institution located in Geneva, IN. It was founded in 1892 and has approximately $0.29 billion in assets. Customers can open an account at one of its 6 branches.

FDIC Insured Yes
FDIC Certificate # 5775
Date Established 1892
Assets $0.29 billion
Loans $0.26 billion
Deposits $0.21 billion
Capital $0.03 billion
 

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

Deposit Rates - November 22, 2019

Your Current Location: Virginia, VA 20146

There are currently no rates available for Bank Of Geneva, but see these great savings and CD rates:

Advertiser Disclosure

Loan Rates - November 22, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Geneva

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

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Featured - Virginia Home Equity Line Of Credit Rates 2019

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Note to Bank of Geneva
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Branches

Bank of Geneva 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 Geneva Locations


Financial Details

Bank of Geneva Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Geneva. 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 Geneva U.S. Bank Average
0.81% 6.77%

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, 2019, Bank of Geneva had $275,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $31,015,000 in equity and $2,787,000 in loans loss reserves. That gives it a Texas Ratio of 0.81%.

Return on Equity
Bank of Geneva U.S. Bank Average
21.99% 9.50%

Bank of Geneva has a Return on Equity of 21.99% versus the BestCashCow average of 9.50%. 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 Geneva U.S. Bank Average
10.69% 12.76%

Bank of Geneva has a Capitalization of 10.69% versus the BestCashCow average of 12.76. 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 Geneva Balance Sheet Analysis

As of December 31, 2018, Bank of Geneva had assets of $289,807,000, loans of $255,405,000, and deposits of $206,943,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.26 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 $0.26 billion
LIABILITIES
Total deposits $0.21 billion
      Interest-bearing deposits $0.17 billion
      Deposits held in domestic offices $0.21 billion
      % insured (estimated) 68.23%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.05 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.26 billion
      Shareholders’ Equity $0.03 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.01 billion

Bank Loan Profile?

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

Compared to other banks, Bank of Geneva’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 31.02
Multifamily
Mortgages
0.19
Credit Card Loans 0.00
Consumer Auto Loans 0.84
Small Business Loans 4.77
Construction and Development Loans 1.95
Commercial Real Estate 5.22
Commercial and Industrial Loans 5.25
Farm Loans 2.81

Frequently Asked Questions About Bank Of Geneva

Branches and Savings

Is Bank Of Geneva FDIC insured?

Yes. It is covered under FDIC Certificate #5775.

Why does Bank Of Geneva 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 Geneva CD rates not competitive?

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

Is Bank Of Geneva a commercial bank?

Yes

Where are Bank Of Geneva locations?

See branch locations nearby.

Is Bank Of Geneva open on Saturdays?

Is Bank Of Geneva open on Sundays?

What time does Bank Of Geneva open?

What time does Bank Of Geneva close?

Are Bank Of Geneva ATMs Open 24/7?

Do Bank Of Geneva ATMs accept cash deposits?

Can Bank Of Geneva customers use other ATMs?

Do Bank Of Geneva branches have notaries?

Will Bank Of Geneva notarize my document?

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

Will the Bank Of Geneva branch print checks?

Do Bank Of Geneva checks expire?

Does Bank Of Geneva require US citizenship to open account?

Can Bank Of Geneva close my account?

Does Bank Of Geneva Report to credit bureaus?

Does Bank Of Geneva Use Equifax?

What is Bank Of Geneva's ACH Routing Number?

What is Bank Of Geneva's SWIFT code?

Products

Does Bank Of Geneva offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Geneva offer personal loans?

Compare personal loan rates here.

Does Bank Of Geneva offer student loans?

Will Bank Of Geneva cash a check?

Will Bank Of Geneva redeem a savings bond?

Does Bank Of Geneva cash savings bonds?

Will Bank Of Geneva cash money orders?

Can Bank Of Geneva issue a money order?

Does Bank Of Geneva do currency exchange?

Background on The Bank

Who owns Bank Of Geneva?

How long has Bank Of Geneva been around?

Can Bank Of Geneva transfer to other banks?

Does Bank Of Geneva have quick pay?

Does Bank Of Geneva accept rolled coins?

Will Bank Of Geneva accept loose change?

Where is Bank Of Geneva headquarters?

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