Bank of Kilmichael

120 North Depot Avenue
Kilmichael, MS 39747

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 9775
Date Established 1904
Assets $0.17 billion
Loans $0.10 billion
Deposits $0.14 billion
Capital $0.02 billion

Bank of Kilmichael is an FDIC insured institution located in Kilmichael, MS. It was founded in 1904 and has approximately $0.17 billion in assets. Customers can open an account at one of its 4 branches.

For a more detailed analysis of Bank of Kilmichael'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 Kilmichael’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Mississippi, Bank of Kilmichael has a significantly higher percent of Small Business Loans, 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 20.21
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 4.04
Small Business Loans 21.57
Construction and Development Loans 1.42
Commercial Real Estate 21.57
Commercial and Industrial Loans 25.86
Farm Loans 20.35

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.15% $1,000 - Learn MoreShow Less
6 Mo CD 10K
0.25% $1,000 - Learn MoreShow Less
12 Mo CD 10K
0.45% $1,000 - Learn MoreShow Less
18 Mo CD 10K
0.45% $1,000 - Learn MoreShow Less
24 Mo CD 10K
0.55% $1,000 - Learn MoreShow Less
30 Mo CD 10K
0.55% $1,000 - Learn MoreShow Less
36 Mo CD 10K
1.00% $1,000 - Learn MoreShow Less
48 Mo CD 10K
1.25% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.30% $100 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
1.51% $1 $99 Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.25% $2,500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.10% $1 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Kilmichael

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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Ally Mortgage
NMLS ID: 181005
4.431% 4.375% 0.38 $1,746 $1,249 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.266% 4.250% -0.25 $580 $1,230 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.029% 4.990% 0.13 $1,112 $1,341 Learn More
Rocket Mortgage
NMLS ID: 3030
5.029% 4.990% 0.13 $1,112 $1,341 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.740% $231.27 Learn More
Flagstar Bank 5.240% $275.79 Learn More

Note to Bank of Kilmichael
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Branches

Bank of Kilmichael 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 Kilmichael Locations

Financial Details

Bank of Kilmichael Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Kilmichael. 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 Kilmichael U.S. Bank Average
2.94% 8.32%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 September 30, 2017, Bank of Kilmichael had $471,000 in non-current loans and $33,000 in owned real estate. To cover these potential losses it had $15,823,000 in equity and $1,321,000 in loans loss reserves. That gives it a Texas Ratio of 2.94%.

Return on Equity
Bank of Kilmichael U.S. Bank Average
17.36% 8.84%

Bank of Kilmichael has a Return on Equity of 17.36% versus the BestCashCow average of 8.84%. 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 Kilmichael U.S. Bank Average
9.56% 12.21%

Bank of Kilmichael has a Capitalization of 9.56% versus the BestCashCow average of 12.21. 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 Kilmichael Balance Sheet Analysis

As of September 30, 2017, Bank of Kilmichael had assets of $165,481,000, loans of $98,762,000, and deposits of $144,832,000. 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 Kilmichael

Branches and Savings

Is Bank Of Kilmichael FDIC insured?

Yes. It is covered under FDIC Certificate #9775.

Why does Bank Of Kilmichael 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 Kilmichael CD rates not competitive?

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

Is Bank Of Kilmichael a commercial bank?

Yes

Where are Bank Of Kilmichael locations?

See branch locations nearby.

Is Bank Of Kilmichael open on Saturdays?

Is Bank Of Kilmichael open on Sundays?

What time does Bank Of Kilmichael open?

What time does Bank Of Kilmichael close?

Are Bank Of Kilmichael ATMs Open 24/7?

Do Bank Of Kilmichael ATMs accept cash deposits?

Can Bank Of Kilmichael customers use other ATMs?

Do Bank Of Kilmichael branches have notaries?

Will Bank Of Kilmichael notarize my document?

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

Will the Bank Of Kilmichael branch print checks?

Do Bank Of Kilmichael checks expire?

Does Bank Of Kilmichael require US citizenship to open account?

Can Bank Of Kilmichael close my account?

Does Bank Of Kilmichael Report to credit bureaus?

Does Bank Of Kilmichael Use Equifax?

What is Bank Of Kilmichael's ACH Routing Number?

What is Bank Of Kilmichael's SWIFT code?

Products

Does Bank Of Kilmichael offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Kilmichael offer personal loans?

Compare personal loan rates here.

Does Bank Of Kilmichael offer student loans?

Will Bank Of Kilmichael cash a check?

Will Bank Of Kilmichael redeem a savings bond?

Does Bank Of Kilmichael cash savings bonds?

Will Bank Of Kilmichael cash money orders?

Can Bank Of Kilmichael issue a money order?

Does Bank Of Kilmichael do currency exchange?

Background on The Bank

Who owns Bank Of Kilmichael?

How long has Bank Of Kilmichael been around?

Can Bank Of Kilmichael transfer to other banks?

Does Bank Of Kilmichael have quick pay?

Does Bank Of Kilmichael accept rolled coins?

Will Bank Of Kilmichael accept loose change?

Where is Bank Of Kilmichael headquarters?

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