Bank of Jamestown

Headquarters

400 Monument Square
Jamestown, KY 42629
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 0.95% →
1-Year CD 0.45% 1.01% →
2-Year CD 0.65% 0.95% →
5-Year CD 1.41% 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 Jamestown is an FDIC insured institution located in Jamestown, KY. It was founded in 1899 and has approximately $0.21 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 8118
Date Established 1899
Assets $ 205.71 million
Loans $ 136.17 million
Deposits $ 147.80 million
Capital $ 23.58 million
 

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

Deposit Rates - October 29, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.20% $10,000 $14,999 Learn More
3 Mo CD
0.20% $100,000 $199,999 Learn More
6 Mo CD
0.30% $10,000 $14,999 Learn More
6 Mo CD
0.30% $100,000 $199,999 Learn More
12 Mo CD
0.45% $10,000 $14,999 Learn More
12 Mo CD
0.45% $100,000 $199,999 Learn More
18 Mo CD
0.50% $10,000 $14,999 Learn More
18 Mo CD
0.50% $100,000 $199,999 Learn More
24 Mo CD
0.65% $10,000 $14,999 Learn More
24 Mo CD
0.65% $100,000 $199,999 Learn More
30 Mo CD
0.90% $10,000 $14,999 Learn More
30 Mo CD
0.90% $100,000 $199,999 Learn More
36 Mo CD
1.00% $10,000 $14,999 Learn More
36 Mo CD
1.00% $100,000 $199,999 Learn More
48 Mo CD
1.26% $10,000 $14,999 Learn More
48 Mo CD
1.26% $100,000 $199,999 Learn More
60 Mo CD
1.41% $10,000 $14,999 Learn More
60 Mo CD
1.41% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 29, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Jamestown

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
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#: MC-3098
2.664% 2.625% 0.50 $1,285 $1,005 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

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

Branches

Bank of Jamestown 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 Jamestown Locations


Financial Details

Bank of Jamestown Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Jamestown. 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 Jamestown U.S. Bank Average
3.64% 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 Jamestown had $223,000 in non-current loans and $683,000 in owned real estate. To cover these potential losses it had $23,583,000 in equity and $1,293,000 in loans loss reserves. That gives it a Texas Ratio of 3.64%.

Return on Equity
Bank of Jamestown U.S. Bank Average
8.84% 7.80%

Bank of Jamestown has a Return on Equity of 8.84% 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 Jamestown U.S. Bank Average
11.46% 12.68%

Bank of Jamestown has a Capitalization of 11.46% 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 Jamestown Balance Sheet Analysis

As of March 31, 2020, Bank of Jamestown had assets of $205,709,000, loans of $136,174,000, and deposits of $147,803,000. 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 $ 8.81 million
Interest-bearing balances $ 6.49 million
Total securities $ 54.04 million
Federal funds sold and reverse repurchase $ 1.13 million
Net loans and leases $ 136.17 million
Loan loss allowance $ 1.29 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.68 million
Goodwill and other intangibles N.A.
All other assets $ 2.48 million
     Total Assets $ 182.13 million
LIABILITIES
Total deposits $ 147.80 million
      Interest-bearing deposits $ 123.42 million
      Deposits held in domestic offices $ 147.80 million
      % insured (estimated) 92.94%
Federal funds purchased and repurchase agreements $ 18.51 million
Trading liabilities N.A.
Other borrowed funds $ 15.44 million
Subordinated debt N.A.
All other liabilities $ 0.37 million
      Total Liabilities $ 182.13 million
      Shareholders’ Equity $ 23.58 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.21 million
Total Interest Expense $ 0.57 million
Net interest income $ 1.63 million
Provision for loan and lease losses $ 0.07 million
Total non interest income $ 0.16 million
Total non interest expense $ 1.12 million
Pre-tax Net Operating Income $ 0.60 million

Bank Loan Profile?

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

Compared to other banks in Kentucky, Bank of Jamestown has a significantly higher percent of Multifamily Mortgages, Commercial Real Estate 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 16.12
Multifamily
Mortgages
7.12
Credit Card Loans 0.00
Consumer Auto Loans 0.36
Small Business Loans 0.00
Construction and Development Loans 4.16
Commercial Real Estate 46.46
Commercial and Industrial Loans 7.73
Farm Loans 1.08

Frequently Asked Questions About Bank Of Jamestown

Branches and Savings

Is Bank Of Jamestown FDIC insured?

Yes. It is covered under FDIC Certificate #8118.

Why does Bank Of Jamestown 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 Jamestown CD rates not competitive?

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

Is Bank Of Jamestown a commercial bank?

Yes

Where are Bank Of Jamestown locations?

See branch locations nearby.

Is Bank Of Jamestown open on Saturdays?

houston0800 | Sep 14, 2020

Drive thru only at the Industrial Park and E80 locations

Is Bank Of Jamestown open on Sundays?

houston0800 | Sep 14, 2020

no

What time does Bank Of Jamestown open?

houston0800 | Sep 14, 2020

8:00 a.m. M -F 9:00 a.m. Saturday

What time does Bank Of Jamestown close?

houston0800 | Sep 14, 2020

4:00 p.m. M-F 12:00 Saturdays

Are Bank Of Jamestown ATMs Open 24/7?

houston0800 | Sep 14, 2020

yes

Do Bank Of Jamestown ATMs accept cash deposits?

houston0800 | Sep 14, 2020

no

Can Bank Of Jamestown customers use other ATMs?

houston0800 | Sep 14, 2020

yes, for a fee

Do Bank Of Jamestown branches have notaries?

houston0800 | Sep 14, 2020

yes

Will Bank Of Jamestown notarize my document?

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

Will the Bank Of Jamestown branch print checks?

Do Bank Of Jamestown checks expire?

Does Bank Of Jamestown require US citizenship to open account?

Can Bank Of Jamestown close my account?

Does Bank Of Jamestown Report to credit bureaus?

houston0800 | Sep 14, 2020

yes

Does Bank Of Jamestown Use Equifax?

What is Bank Of Jamestown's ACH Routing Number?

What is Bank Of Jamestown's SWIFT code?

Products

Does Bank Of Jamestown offer mortgages?

Compare mortgage rates here.

houston0800 | Sep 14, 2020

yes

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

Compare home equity lines of credit rates here.

houston0800 | Sep 14, 2020

yes

Does Bank Of Jamestown offer personal loans?

Compare personal loan rates here.

houston0800 | Sep 14, 2020

yes

Does Bank Of Jamestown offer student loans?

houston0800 | Sep 14, 2020

no

Will Bank Of Jamestown cash a check?

Will Bank Of Jamestown redeem a savings bond?

Does Bank Of Jamestown cash savings bonds?

Will Bank Of Jamestown cash money orders?

houston0800 | Sep 14, 2020

no

Can Bank Of Jamestown issue a money order?

houston0800 | Sep 14, 2020

no

Does Bank Of Jamestown do currency exchange?

Background on The Bank

Who owns Bank Of Jamestown?

How long has Bank Of Jamestown been around?

Can Bank Of Jamestown transfer to other banks?

Does Bank Of Jamestown have quick pay?

Does Bank Of Jamestown accept rolled coins?

Will Bank Of Jamestown accept loose change?

houston0800 | Sep 14, 2020

yes

Where is Bank Of Jamestown headquarters?

houston0800 | Sep 14, 2020

Jamestown KY

Customer Reviews for Bank of Jamestown

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

Add Your Review

Rate it here →