Bank of Glen Ullin

Headquarters

106 South Avenue West
Glen Ullin, ND 58631
See all branch locations →

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

2020 Overview

General Bank Information

Bank of Glen Ullin is an FDIC insured institution located in Glen Ullin, ND. It was founded in 1947 and has approximately $0.06 billion in assets.

FDIC Insured Yes
FDIC Certificate # 16527
Date Established 1947
Assets $ 59.79 million
Loans $ 50.72 million
Deposits $ 50.45 million
Capital $ 6.88 million
 

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

Deposit Rates - October 25, 2020

Your Current Location: Washington, WA 98109


Loan Rates - October 25, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Bank of Glen Ullin

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




Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Cascadia Mortgage
NMLS ID: 1505422
License#: NMLS #1505422
2.830% 2.750% 0.63 $2,622 $1,021 Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.575% 2.500% 1.00 $2,470 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to Bank of Glen Ullin
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Bank of Glen Ullin 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:
Seattle,Washington


Bank of Glen Ullin Locations


Financial Details

Bank of Glen Ullin Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Glen Ullin. 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 Glen Ullin U.S. Bank Average
17.57% 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 Glen Ullin had $1,290,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $6,878,000 in equity and $463,000 in loans loss reserves. That gives it a Texas Ratio of 17.57%.

Return on Equity
Bank of Glen Ullin U.S. Bank Average
20.96% 7.80%

Bank of Glen Ullin has a Return on Equity of 20.96% 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 Glen Ullin U.S. Bank Average
11.5% 12.68%

Bank of Glen Ullin has a Capitalization of 11.5% 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 Glen Ullin Balance Sheet Analysis

As of March 31, 2020, Bank of Glen Ullin had assets of $59,789,000, loans of $50,715,000, and deposits of $50,447,000. 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 $ 1.36 million
Interest-bearing balances $ 0.01 million
Total securities $ 5.43 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 50.72 million
Loan loss allowance $ 0.46 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.53 million
All other assets $ 1.25 million
     Total Assets $ 52.91 million
LIABILITIES
Total deposits $ 50.45 million
      Interest-bearing deposits $ 47.88 million
      Deposits held in domestic offices $ 50.45 million
      % insured (estimated) 96.98%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 2.29 million
Subordinated debt N.A.
All other liabilities $ 0.17 million
      Total Liabilities $ 52.91 million
      Shareholders’ Equity $ 6.88 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.83 million
Total Interest Expense $ 0.19 million
Net interest income $ 0.64 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.02 million
Total non interest expense $ 0.29 million
Pre-tax Net Operating Income $ 0.37 million

Bank Loan Profile?

The top three loan types in Bank of Glen Ullin’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks, Bank of Glen Ullin’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 2.98
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.72
Small Business Loans 0.00
Construction and Development Loans 0.18
Commercial Real Estate 3.00
Commercial and Industrial Loans 6.02
Farm Loans 37.76

Frequently Asked Questions About Bank Of Glen Ullin

Branches and Savings

Is Bank Of Glen Ullin FDIC insured?

Yes. It is covered under FDIC Certificate #16527.

Why does Bank Of Glen Ullin 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 Glen Ullin CD rates not competitive?

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

Is Bank Of Glen Ullin a commercial bank?

Yes

Where are Bank Of Glen Ullin locations?

See branch locations nearby.

Is Bank Of Glen Ullin open on Saturdays?

Is Bank Of Glen Ullin open on Sundays?

What time does Bank Of Glen Ullin open?

What time does Bank Of Glen Ullin close?

Are Bank Of Glen Ullin ATMs Open 24/7?

Do Bank Of Glen Ullin ATMs accept cash deposits?

Can Bank Of Glen Ullin customers use other ATMs?

Do Bank Of Glen Ullin branches have notaries?

Will Bank Of Glen Ullin notarize my document?

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

Will the Bank Of Glen Ullin branch print checks?

Do Bank Of Glen Ullin checks expire?

Does Bank Of Glen Ullin require US citizenship to open account?

Can Bank Of Glen Ullin close my account?

Does Bank Of Glen Ullin Report to credit bureaus?

Does Bank Of Glen Ullin Use Equifax?

What is Bank Of Glen Ullin's ACH Routing Number?

What is Bank Of Glen Ullin's SWIFT code?

Products

Does Bank Of Glen Ullin offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Glen Ullin offer personal loans?

Compare personal loan rates here.

Does Bank Of Glen Ullin offer student loans?

Will Bank Of Glen Ullin cash a check?

Will Bank Of Glen Ullin redeem a savings bond?

Does Bank Of Glen Ullin cash savings bonds?

Will Bank Of Glen Ullin cash money orders?

Can Bank Of Glen Ullin issue a money order?

Does Bank Of Glen Ullin do currency exchange?

Background on The Bank

Who owns Bank Of Glen Ullin?

How long has Bank Of Glen Ullin been around?

Can Bank Of Glen Ullin transfer to other banks?

Does Bank Of Glen Ullin have quick pay?

Does Bank Of Glen Ullin accept rolled coins?

Will Bank Of Glen Ullin accept loose change?

Where is Bank Of Glen Ullin headquarters?

Customer Reviews for Bank of Glen Ullin

There are currently no comments for Bank of Glen Ullin. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →