Bank of Gleason

203 Main Street
Gleason, TN 38229

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 2379
Date Established 1901
Assets $0.12 billion
Loans $0.04 billion
Deposits $0.09 billion
Capital $0.03 billion

Bank of Gleason is an FDIC insured institution located in Gleason, TN. It was founded in 1901 and has approximately $0.12 billion in assets. Customers can open an account at one of its 2 branches.

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

Compared to other banks, Bank of Gleason’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 36.85
Multifamily
Mortgages
1.84
Credit Card Loans 0.00
Consumer Auto Loans 7.59
Small Business Loans 7.96
Construction and Development Loans 0.38
Commercial Real Estate 16.21
Commercial and Industrial Loans 6.70
Farm Loans 2.42

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.20% $2,500 - Learn MoreShow Less
6 Mo CD 10K
0.41% $2,500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.16% $1 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
1.36% $100 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.31% $2,500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.06% $1,500 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Gleason

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
HomeDirect Mortgage
NMLS ID: 420821
3.888% 3.875% 0.13 $497 $1,176 Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 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 Gleason
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Branches

Bank of Gleason 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 Gleason Locations

Financial Details

Bank of Gleason Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Gleason. 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 Gleason U.S. Bank Average
0.64% 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 Gleason had $104,000 in non-current loans and $64,000 in owned real estate. To cover these potential losses it had $25,367,000 in equity and $829,000 in loans loss reserves. That gives it a Texas Ratio of 0.64%. 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 Gleason U.S. Bank Average
5.69% 8.58

Bank of Gleason has a Return on Equity of 5.69% 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 Gleason U.S. Bank Average
21.43% 12.11

Bank of Gleason has a Capitalization of 21.43% 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 Gleason Balance Sheet Analysis

As of June 30, 2017, Bank of Gleason had assets of $118,347,000, loans of $35,720,000, and deposits of $92,257,000. 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 Gleason

Branches and Savings

Is Bank of Gleason FDIC insured?

Yes. It is covered under FDIC Certificate #2379.

Why does Bank of Gleason 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 Gleason CD rates not competitive?

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

Is Bank of Gleason a commercial bank?

Yes

Where are Bank of Gleason locations?

See branch locations nearby.

Is Bank of Gleason open on Saturdays?

Is Bank of Gleason open on Sundays?

What time does Bank of Gleason open?

What time does Bank of Gleason close?

Are Bank of Gleason ATMs Open 24/7?

Do Bank of Gleason ATMs accept cash deposits?

Can Bank of Gleason customers use other ATMs?

Do Bank of Gleason branches have notaries?

Will Bank of Gleason notarize my document?

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

Will the Bank of Gleason branch print checks?

Do Bank of Gleason checks expire?

Does Bank of Gleason require US citizenship to open account?

Can Bank of Gleason close my account?

Does Bank of Gleason Report to credit bureaus?

Does Bank of Gleason Use Equifax?

What is Bank of Gleason's ACH Routing Number?

What is Bank of Gleason's SWIFT code?

Products

Does Bank of Gleason offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank of Gleason offer personal loans?

Compare personal loan rates here.

Does Bank of Gleason offer student loans?

Will Bank of Gleason cash a check?

Will Bank of Gleason redeem a savings bond?

Does Bank of Gleason cash savings bonds?

Will Bank of Gleason cash money orders?

Can Bank of Gleason issue a money order?

Does Bank of Gleason do currency exchange?

Background on The Bank

Who owns Bank of Gleason?

How long has Bank of Gleason been around?

Can Bank of Gleason transfer to other banks?

Does Bank of Gleason have quick pay?

Does Bank of Gleason accept rolled coins?

Will Bank of Gleason accept loose change?

Where is Bank of Gleason headquarters?

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