Bank of Laverne

111 East Jane Jayroe Boulevard
Laverne, OK 73848

Notable Rates APY Vs.Others
Savings 0.65% 2.20% →
1-Year CD 1.35% 2.20% →
2-Year CD 1.61% 2.20% →
5-Year CD N.A. 2.60% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2020 Overview

General Bank Information

Bank of Laverne is an FDIC insured institution located in Laverne, OK. It was founded in 1922 and has approximately $0.06 billion in assets.

FDIC Insured Yes
FDIC Certificate # 4130
Date Established 1922
Assets $0.06 billion
Loans $0.03 billion
Deposits $0.05 billion
Capital $0.01 billion

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

Deposit Rates - February 16, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
3 Mo CD
0.90% $1,000 - Learn MoreShow Less
6 Mo CD
1.20% $1,000 - Learn MoreShow Less
12 Mo CD
1.35% $1,000 - Learn MoreShow Less
18 Mo CD
1.46% $1,000 - Learn MoreShow Less
24 Mo CD
1.61% $1,000 - Learn MoreShow Less

Int Checking Rates APY MIN MAX
Int Ckg
0.20% $1,500 - Learn MoreShow Less

Loan Rates - February 16, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Bank of Laverne

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
Learn More
NMLS ID: 2890
License#: 13256
3.378% 3.375% 0.00 $92 $1,106 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.793% 4.750% 0.00 $1,250 $1,305 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Eastern Bank
Eastern Bank
4.250 %
$25,000 Learn More
More Info
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

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


Bank of Laverne 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:

Bank of Laverne Locations

Financial Details

Bank of Laverne Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Laverne. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bank of Laverne U.S. Bank Average
4.86% 6.70%

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, 2019, Bank of Laverne had $546,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $10,183,000 in equity and $1,041,000 in loans loss reserves. That gives it a Texas Ratio of 4.86%.

Return on Equity
Bank of Laverne U.S. Bank Average
7.99% 9.72%

Bank of Laverne has a Return on Equity of 7.99% versus the BestCashCow average of 9.72%. 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.

Bank of Laverne U.S. Bank Average
17.85% 12.89%

Bank of Laverne has a Capitalization of 17.85% versus the BestCashCow average of 12.89. 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 Laverne Balance Sheet Analysis

As of September 30, 2019, Bank of Laverne had assets of $57,056,000, loans of $26,370,000, and deposits of $46,549,000. 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

September 30, 2019
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.01 billion
Net loans and leases $0.03 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.05 billion
Total deposits $0.05 billion
      Interest-bearing deposits $0.03 billion
      Deposits held in domestic offices $0.05 billion
      % insured (estimated) 93.99%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.05 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

September 30, 2019
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in Bank of Laverne’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks in Oklahoma, Bank of Laverne 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 1.97
Credit Card Loans 0.00
Consumer Auto Loans 1.82
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 4.69
Commercial and Industrial Loans 14.21
Farm Loans 57.44

Frequently Asked Questions About Bank Of Laverne

Branches and Savings

Is Bank Of Laverne FDIC insured?

Yes. It is covered under FDIC Certificate #4130.

Why does Bank Of Laverne 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 Laverne CD rates not competitive?

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

Is Bank Of Laverne a commercial bank?


Where are Bank Of Laverne locations?

See branch locations nearby.

Is Bank Of Laverne open on Saturdays?

Is Bank Of Laverne open on Sundays?

What time does Bank Of Laverne open?

What time does Bank Of Laverne close?

Are Bank Of Laverne ATMs Open 24/7?

Do Bank Of Laverne ATMs accept cash deposits?

Can Bank Of Laverne customers use other ATMs?

Do Bank Of Laverne branches have notaries?

Will Bank Of Laverne notarize my document?

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

Will the Bank Of Laverne branch print checks?

Do Bank Of Laverne checks expire?

Does Bank Of Laverne require US citizenship to open account?

Can Bank Of Laverne close my account?

Does Bank Of Laverne Report to credit bureaus?

Does Bank Of Laverne Use Equifax?

What is Bank Of Laverne's ACH Routing Number?

What is Bank Of Laverne's SWIFT code?


Does Bank Of Laverne offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Laverne offer personal loans?

Compare personal loan rates here.

Does Bank Of Laverne offer student loans?

Will Bank Of Laverne cash a check?

Will Bank Of Laverne redeem a savings bond?

Does Bank Of Laverne cash savings bonds?

Will Bank Of Laverne cash money orders?

Can Bank Of Laverne issue a money order?

Does Bank Of Laverne do currency exchange?

Background on The Bank

Who owns Bank Of Laverne?

How long has Bank Of Laverne been around?

Can Bank Of Laverne transfer to other banks?

Does Bank Of Laverne have quick pay?

Does Bank Of Laverne accept rolled coins?

Will Bank Of Laverne accept loose change?

Where is Bank Of Laverne headquarters?

Customer Reviews for Bank of Laverne

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

Add Your Review

Rate it here →