Bank of Hydro

Headquarters

146 West Main Street
Hydro, OK 73048
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.65% 0.85% →
1-Year CD 0.70% 0.75% →
2-Year CD 0.75% 0.80% →
5-Year CD 1.00% 1.10% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Bank of Hydro is an FDIC insured institution located in Hydro, OK. It was founded in 1903 and has approximately $0.14 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 10674
Date Established 1903
Assets $ 141.40 million
Loans $ 119.94 million
Deposits $ 123.08 million
Capital $ 15.62 million
 

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

Deposit Rates - October 15, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.65% $2,500 $4,999 Learn More
Money Market
0.50% $2,500 $2,999 Learn More
Money Market
0.65% $10,000 $14,999 Learn More
Money Market
0.65% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.65% $10,000 $14,999 Learn More
6 Mo CD
0.65% $100,000 $199,999 Learn More
12 Mo CD
0.70% $10,000 $14,999 Learn More
12 Mo CD
0.70% $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
0.85% $10,000 $14,999 Learn More
36 Mo CD
0.85% $100,000 $199,999 Learn More
48 Mo CD
0.95% $10,000 $14,999 Learn More
48 Mo CD
0.95% $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
0.45% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - October 15, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Bank of Hydro

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
2.805% 2.750%
0.75 points
$1,792 fees
$1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

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

Branches

Bank of Hydro 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:
Fairfield,Connecticut


Bank of Hydro Locations



Climate Initiatives

Bank of Hydro is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Bank of Hydro Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Hydro. 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 Hydro U.S. Bank Average
0.03% 4.78%

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 June 30, 2021, Bank of Hydro had $5,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $15,615,000 in equity and $1,199,000 in loans loss reserves. That gives it a Texas Ratio of 0.03%.

Return on Equity
Bank of Hydro U.S. Bank Average
18.1% 11.29%

Bank of Hydro has a Return on Equity of 18.1% versus the BestCashCow average of 11.29%. 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 Hydro U.S. Bank Average
11.04% 11.72%

Bank of Hydro has a Capitalization of 11.04% versus the BestCashCow average of 11.72. 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 Hydro Balance Sheet Analysis

As of June 30, 2021, Bank of Hydro had assets of $141,400,000, loans of $119,936,000, and deposits of $123,080,000. 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, 2021
ASSETS
Cash & Balances due from depository institutions $ 3.40 million
Interest-bearing balances N.A.
Total securities $ 3.74 million
Federal funds sold and reverse repurchase $ 10.39 million
Net loans and leases $ 119.94 million
Loan loss allowance $ 1.20 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 $ 3.02 million
     Total Assets $ 125.79 million
LIABILITIES
Total deposits $ 123.08 million
      Interest-bearing deposits $ 84.65 million
      Deposits held in domestic offices $ 123.08 million
      % insured (estimated) 81.47%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 0.70 million
Subordinated debt N.A.
All other liabilities $ 2.01 million
      Total Liabilities $ 125.79 million
      Shareholders’ Equity $ 15.62 million

Summary Income Statement

June 30, 2021
INCOME AND EXPENSES
Total Interest Income $ 3.24 million
Total Interest Expense $ 0.30 million
Net interest income $ 2.94 million
Provision for loan and lease losses $ 0.02 million
Total non interest income $ 0.23 million
Total non interest expense $ 1.77 million
Pre-tax Net Operating Income $ 1.37 million

Bank Loan Profile?

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

Compared to other banks in Oklahoma, Bank of Hydro has a significantly higher percent of 1-4 Family Residential Loans, Multifamily Mortgages 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 35.98
Multifamily
Mortgages
5.60
Credit Card Loans 0.00
Consumer Auto Loans 1.18
Small Business Loans 15.18
Construction and Development Loans 4.83
Commercial Real Estate 29.29
Commercial and Industrial Loans 9.09
Farm Loans 6.13

Frequently Asked Questions About Bank Of Hydro

Branches and Savings

Is Bank Of Hydro FDIC insured?

Yes. It is covered under FDIC Certificate #10674.

Why does Bank Of Hydro 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 Hydro CD rates not competitive?

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

Is Bank Of Hydro a commercial bank?

Yes

Where are Bank Of Hydro locations?

See branch locations nearby.

Is Bank Of Hydro open on Saturdays?

Is Bank Of Hydro open on Sundays?

What time does Bank Of Hydro open?

What time does Bank Of Hydro close?

Are Bank Of Hydro ATMs Open 24/7?

Do Bank Of Hydro ATMs accept cash deposits?

Can Bank Of Hydro customers use other ATMs?

Do Bank Of Hydro branches have notaries?

Will Bank Of Hydro notarize my document?

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

Will the Bank Of Hydro branch print checks?

Do Bank Of Hydro checks expire?

Does Bank Of Hydro require US citizenship to open account?

Can Bank Of Hydro close my account?

Does Bank Of Hydro Report to credit bureaus?

Does Bank Of Hydro Use Equifax?

What is Bank Of Hydro's ACH Routing Number?

What is Bank Of Hydro's SWIFT code?

Products

Does Bank Of Hydro offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Hydro offer personal loans?

Compare personal loan rates here.

Does Bank Of Hydro offer student loans?

Will Bank Of Hydro cash a check?

Will Bank Of Hydro redeem a savings bond?

Does Bank Of Hydro cash savings bonds?

Will Bank Of Hydro cash money orders?

Can Bank Of Hydro issue a money order?

Does Bank Of Hydro do currency exchange?

Background on The Bank

Who owns Bank Of Hydro?

How long has Bank Of Hydro been around?

Can Bank Of Hydro transfer to other banks?

Does Bank Of Hydro have quick pay?

Does Bank Of Hydro accept rolled coins?

Will Bank Of Hydro accept loose change?

Where is Bank Of Hydro headquarters?

Customer Reviews for Bank of Hydro

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

Add Your Review

Rate it here →