Bank of Kirksville

Headquarters

214 South Franklin Street
Kirksville, MO 63501
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 Kirksville is an FDIC insured institution located in Kirksville, MO. It was founded in 1913 and has approximately $0.43 billion in assets. Customers can open an account at one of its 8 branches.

FDIC Insured Yes
FDIC Certificate # 1635
Date Established 1913
Assets $ 431.61 million
Loans $ 137.36 million
Deposits $ 368.65 million
Capital $ 55.08 million
 

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

Deposit Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Bank of Kirksville

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.575% 2.500% 1.00 $2,468 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More

Featured - Connecticut 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 Kirksville
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Branches

Bank of Kirksville 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 Kirksville Locations


Financial Details

Bank of Kirksville Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Kirksville. 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 Kirksville U.S. Bank Average
6.04% 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 Kirksville had $3,164,000 in non-current loans and $316,000 in owned real estate. To cover these potential losses it had $55,083,000 in equity and $2,549,000 in loans loss reserves. That gives it a Texas Ratio of 6.04%.

Return on Equity
Bank of Kirksville U.S. Bank Average
7.02% 7.80%

Bank of Kirksville has a Return on Equity of 7.02% 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 Kirksville U.S. Bank Average
12.76% 12.68%

Bank of Kirksville has a Capitalization of 12.76% 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 Kirksville Balance Sheet Analysis

As of March 31, 2020, Bank of Kirksville had assets of $431,610,000, loans of $137,355,000, and deposits of $368,654,000. 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 $ 94.92 million
Interest-bearing balances $ 91.41 million
Total securities $ 172.93 million
Federal funds sold and reverse repurchase $ 18.22 million
Net loans and leases $ 137.36 million
Loan loss allowance $ 2.55 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.32 million
Goodwill and other intangibles $ 0.51 million
All other assets $ 2.66 million
     Total Assets $ 376.53 million
LIABILITIES
Total deposits $ 368.65 million
      Interest-bearing deposits $ 298.48 million
      Deposits held in domestic offices $ 368.65 million
      % insured (estimated) 69.59%
Federal funds purchased and repurchase agreements $ 7.55 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.32 million
      Total Liabilities $ 376.53 million
      Shareholders’ Equity $ 55.08 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 3.08 million
Total Interest Expense $ 0.85 million
Net interest income $ 2.23 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.31 million
Total non interest expense $ 1.59 million
Pre-tax Net Operating Income $ 0.95 million

Bank Loan Profile?

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

Compared to other banks in Missouri, Bank of Kirksville has a significantly higher percent of 1-4 Family Residential 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 48.04
Multifamily
Mortgages
1.01
Credit Card Loans 0.00
Consumer Auto Loans 0.61
Small Business Loans 0.00
Construction and Development Loans 0.61
Commercial Real Estate 5.75
Commercial and Industrial Loans 9.64
Farm Loans 8.99

Frequently Asked Questions About Bank Of Kirksville

Branches and Savings

Is Bank Of Kirksville FDIC insured?

Yes. It is covered under FDIC Certificate #1635.

Why does Bank Of Kirksville 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 Kirksville CD rates not competitive?

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

Is Bank Of Kirksville a commercial bank?

Yes

Where are Bank Of Kirksville locations?

See branch locations nearby.

Is Bank Of Kirksville open on Saturdays?

Is Bank Of Kirksville open on Sundays?

What time does Bank Of Kirksville open?

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Are Bank Of Kirksville ATMs Open 24/7?

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Can Bank Of Kirksville customers use other ATMs?

Do Bank Of Kirksville branches have notaries?

Will Bank Of Kirksville notarize my document?

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

Will the Bank Of Kirksville branch print checks?

Do Bank Of Kirksville checks expire?

Does Bank Of Kirksville require US citizenship to open account?

Can Bank Of Kirksville close my account?

Does Bank Of Kirksville Report to credit bureaus?

Does Bank Of Kirksville Use Equifax?

What is Bank Of Kirksville's ACH Routing Number?

What is Bank Of Kirksville's SWIFT code?

Products

Does Bank Of Kirksville offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Kirksville offer personal loans?

Compare personal loan rates here.

Does Bank Of Kirksville offer student loans?

Will Bank Of Kirksville cash a check?

Will Bank Of Kirksville redeem a savings bond?

Does Bank Of Kirksville cash savings bonds?

Will Bank Of Kirksville cash money orders?

Can Bank Of Kirksville issue a money order?

Does Bank Of Kirksville do currency exchange?

Background on The Bank

Who owns Bank Of Kirksville?

How long has Bank Of Kirksville been around?

Can Bank Of Kirksville transfer to other banks?

Does Bank Of Kirksville have quick pay?

Does Bank Of Kirksville accept rolled coins?

Will Bank Of Kirksville accept loose change?

Where is Bank Of Kirksville headquarters?

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