Bank of Lake Village

Headquarters

101 Main Street
Lake Village, AR 71653
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 1.25% →
1-Year CD 0.65% 0.70% →
2-Year CD 0.80% 0.75% →
5-Year CD N.A. 1.15% →
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 Lake Village is an FDIC insured institution located in Lake Village, AR. It was founded in 1934 and has approximately $0.07 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 15547
Date Established 1934
Assets $ 71.29 million
Loans $ 33.37 million
Deposits $ 61.88 million
Capital $ 9.13 million
 

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

Deposit Rates - June 13, 2021

Your Current Location: California, CA 92111

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $2,500 $4,999 Learn More
Money Market
0.20% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.25% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.50% $10,000 $14,999 Learn More
6 Mo CD
0.50% $100,000 $199,999 Learn More
12 Mo CD
0.65% $10,000 $14,999 Learn More
12 Mo CD
0.65% $100,000 $199,999 Learn More
24 Mo CD
0.80% $10,000 $14,999 Learn More
24 Mo CD
0.80% $100,000 $199,999 Learn More
30 Mo CD
0.85% $10,000 $14,999 Learn More
30 Mo CD
0.85% $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

Variable IRA Rates APY MIN MAX
Var IRA
0.25% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - June 13, 2021

Your Current Location: California, CA 92111

There are currently no loan rates available for Bank of Lake Village

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




Featured - California 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
CIT Bank
NMLS ID: 541760
2.945% 2.875%
0.88 points
$2,268 fees
$1,038 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.368% 3.250%
1.00 points
$3,750 fees
$1,089 Learn More
Morty, Inc.
NMLS ID: 1429243
2.472% 2.375%
0.88 points
$3,215 fees
$972 Learn More

Featured - California Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 1.990 %
After Intro: 4.840 %
Intro Period: 12 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
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Note to Bank of Lake Village
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Bank of Lake Village 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:
San Diego,California


Bank of Lake Village Locations


Financial Details

Bank of Lake Village Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Lake Village. 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 Lake Village U.S. Bank Average
8.9% 5.49%

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 December 31, 2020, Bank of Lake Village had $226,000 in non-current loans and $671,000 in owned real estate. To cover these potential losses it had $9,133,000 in equity and $941,000 in loans loss reserves. That gives it a Texas Ratio of 8.9%.

Return on Equity
Bank of Lake Village U.S. Bank Average
12.16% 9.24%

Bank of Lake Village has a Return on Equity of 12.16% versus the BestCashCow average of 9.24%. 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 Lake Village U.S. Bank Average
12.81% 11.96%

Bank of Lake Village has a Capitalization of 12.81% versus the BestCashCow average of 11.96. 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 Lake Village Balance Sheet Analysis

As of December 31, 2020, Bank of Lake Village had assets of $71,293,000, loans of $33,367,000, and deposits of $61,879,000. 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

December 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 5.13 million
Interest-bearing balances $ 3.49 million
Total securities $ 21.94 million
Federal funds sold and reverse repurchase $ 7.68 million
Net loans and leases $ 33.37 million
Loan loss allowance $ 0.94 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.67 million
Goodwill and other intangibles N.A.
All other assets $ 1.72 million
     Total Assets $ 62.16 million
LIABILITIES
Total deposits $ 61.88 million
      Interest-bearing deposits $ 39.81 million
      Deposits held in domestic offices $ 61.88 million
      % insured (estimated) 79.98%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.28 million
      Total Liabilities $ 62.16 million
      Shareholders’ Equity $ 9.13 million

Summary Income Statement

December 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 3.14 million
Total Interest Expense $ 0.28 million
Net interest income $ 2.86 million
Provision for loan and lease losses $ 0.10 million
Total non interest income $ 0.41 million
Total non interest expense $ 2.10 million
Pre-tax Net Operating Income $ 1.06 million

Bank Loan Profile?

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

Compared to other banks in Arkansas, Bank of Lake Village has a significantly higher percent of 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 8.31
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 1.02
Small Business Loans 2.37
Construction and Development Loans 2.24
Commercial Real Estate 8.04
Commercial and Industrial Loans 14.67
Farm Loans 40.90

Frequently Asked Questions About Bank Of Lake Village

Branches and Savings

Is Bank Of Lake Village FDIC insured?

Yes. It is covered under FDIC Certificate #15547.

Why does Bank Of Lake Village 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 Lake Village CD rates not competitive?

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

Is Bank Of Lake Village a commercial bank?

Yes

Where are Bank Of Lake Village locations?

See branch locations nearby.

Is Bank Of Lake Village open on Saturdays?

Is Bank Of Lake Village open on Sundays?

What time does Bank Of Lake Village open?

What time does Bank Of Lake Village close?

Are Bank Of Lake Village ATMs Open 24/7?

Do Bank Of Lake Village ATMs accept cash deposits?

Can Bank Of Lake Village customers use other ATMs?

Do Bank Of Lake Village branches have notaries?

Will Bank Of Lake Village notarize my document?

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

Will the Bank Of Lake Village branch print checks?

Do Bank Of Lake Village checks expire?

Does Bank Of Lake Village require US citizenship to open account?

Can Bank Of Lake Village close my account?

Does Bank Of Lake Village Report to credit bureaus?

Does Bank Of Lake Village Use Equifax?

What is Bank Of Lake Village's ACH Routing Number?

What is Bank Of Lake Village's SWIFT code?

Products

Does Bank Of Lake Village offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Lake Village offer personal loans?

Compare personal loan rates here.

Does Bank Of Lake Village offer student loans?

Will Bank Of Lake Village cash a check?

Will Bank Of Lake Village redeem a savings bond?

Does Bank Of Lake Village cash savings bonds?

Will Bank Of Lake Village cash money orders?

Can Bank Of Lake Village issue a money order?

Does Bank Of Lake Village do currency exchange?

Background on The Bank

Who owns Bank Of Lake Village?

How long has Bank Of Lake Village been around?

Can Bank Of Lake Village transfer to other banks?

Does Bank Of Lake Village have quick pay?

Does Bank Of Lake Village accept rolled coins?

Will Bank Of Lake Village accept loose change?

Where is Bank Of Lake Village headquarters?

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