Bank of Halls

Headquarters

101 Main Street
Halls, TN 38040
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.30% 0.95% →
1-Year CD 0.55% 1.01% →
2-Year CD 0.75% 0.95% →
5-Year CD 1.00% 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 Halls is an FDIC insured institution located in Halls, TN. It was founded in 1899 and has approximately $0.1 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 10315
Date Established 1899
Assets $ 96.01 million
Loans $ 43.47 million
Deposits $ 83.76 million
Capital $ 9.30 million
 

For a more detailed analysis of Bank of Halls'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

Savings and Money Market Rates APY MIN MAX
Savings
0.30% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.30% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.25% $10,000 $14,999 Learn More
3 Mo CD
0.25% $100,000 $199,999 Learn More
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
0.55% $10,000 $14,999 Learn More
12 Mo CD
0.55% $100,000 $199,999 Learn More
24 Mo CD
0.75% $10,000 $14,999 Learn More
24 Mo CD
0.75% $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
60 Mo CD
1.00% $10,000 $14,999 Learn More
60 Mo CD
1.00% $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 - October 25, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Bank of Halls

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
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.575% 2.500% 1.00 $2,470 $988 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to Bank of Halls
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Branches

Bank of Halls 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 Halls Locations


Financial Details

Bank of Halls Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Halls. 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 Halls U.S. Bank Average
11.38% 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 Halls had $1,130,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $9,304,000 in equity and $629,000 in loans loss reserves. That gives it a Texas Ratio of 11.38%.

Return on Equity
Bank of Halls U.S. Bank Average
9.69% 7.80%

Bank of Halls has a Return on Equity of 9.69% 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 Halls U.S. Bank Average
9.69% 12.68%

Bank of Halls has a Capitalization of 9.69% 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 Halls Balance Sheet Analysis

As of March 31, 2020, Bank of Halls had assets of $96,012,000, loans of $43,467,000, and deposits of $83,758,000. 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 $ 3.98 million
Interest-bearing balances $ 0.86 million
Total securities $ 33.28 million
Federal funds sold and reverse repurchase $ 9.18 million
Net loans and leases $ 43.47 million
Loan loss allowance $ 0.63 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 4.81 million
     Total Assets $ 86.71 million
LIABILITIES
Total deposits $ 83.76 million
      Interest-bearing deposits $ 69.83 million
      Deposits held in domestic offices $ 83.76 million
      % insured (estimated) 64.23%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 2.00 million
Subordinated debt N.A.
All other liabilities $ 0.95 million
      Total Liabilities $ 86.71 million
      Shareholders’ Equity $ 9.30 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.80 million
Total Interest Expense $ 0.16 million
Net interest income $ 0.64 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.06 million
Total non interest expense $ 0.44 million
Pre-tax Net Operating Income $ 0.26 million

Bank Loan Profile?

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

Compared to other banks in Tennessee, Bank of Halls has a significantly higher percent of Commercial and Industrial Loans, Farm 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 15.28
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.98
Small Business Loans 0.00
Construction and Development Loans 1.98
Commercial Real Estate 12.84
Commercial and Industrial Loans 20.80
Farm Loans 6.08

Frequently Asked Questions About Bank Of Halls

Branches and Savings

Is Bank Of Halls FDIC insured?

Yes. It is covered under FDIC Certificate #10315.

Why does Bank Of Halls 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 Halls CD rates not competitive?

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

Is Bank Of Halls a commercial bank?

Yes

Where are Bank Of Halls locations?

See branch locations nearby.

Is Bank Of Halls open on Saturdays?

Is Bank Of Halls open on Sundays?

What time does Bank Of Halls open?

What time does Bank Of Halls close?

Are Bank Of Halls ATMs Open 24/7?

Do Bank Of Halls ATMs accept cash deposits?

Can Bank Of Halls customers use other ATMs?

Do Bank Of Halls branches have notaries?

Will Bank Of Halls notarize my document?

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

Will the Bank Of Halls branch print checks?

Do Bank Of Halls checks expire?

Does Bank Of Halls require US citizenship to open account?

Can Bank Of Halls close my account?

Does Bank Of Halls Report to credit bureaus?

Does Bank Of Halls Use Equifax?

What is Bank Of Halls's ACH Routing Number?

What is Bank Of Halls's SWIFT code?

Products

Does Bank Of Halls offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Halls offer personal loans?

Compare personal loan rates here.

Does Bank Of Halls offer student loans?

Will Bank Of Halls cash a check?

Will Bank Of Halls redeem a savings bond?

Does Bank Of Halls cash savings bonds?

Will Bank Of Halls cash money orders?

Can Bank Of Halls issue a money order?

Does Bank Of Halls do currency exchange?

Background on The Bank

Who owns Bank Of Halls?

How long has Bank Of Halls been around?

Can Bank Of Halls transfer to other banks?

Does Bank Of Halls have quick pay?

Does Bank Of Halls accept rolled coins?

Will Bank Of Halls accept loose change?

Where is Bank Of Halls headquarters?

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