Bank of Lee's Summit

210 South Main Street
Lees Summit, MO 64063

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 8886
Date Established 1868
Assets $0.31 billion
Loans $0.12 billion
Deposits $0.27 billion
Capital $0.06 billion

Bank of Lee's Summit is an FDIC insured institution located in Lees Summit, MO. It was founded in 1868 and has approximately $0.33 billion in assets.

For a more detailed analysis of Bank of Lee's Summit'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 Lee's Summit’s loan portfolio are Commercial Real Estate, Construction and Development Loans, and Commercial and Industrial Loans.

Compared to other banks in Missouri, Bank of Lee's Summit has a significantly higher percent of Multifamily Mortgages, Construction and Development 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 13.87
Multifamily
Mortgages
6.68
Credit Card Loans 0.00
Consumer Auto Loans 0.12
Small Business Loans 4.92
Construction and Development Loans 27.25
Commercial Real Estate 32.07
Commercial and Industrial Loans 15.58
Farm Loans 0.03

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Lee's Summit

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

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4.553% 4.500% 0.13 $1,550 $1,267 Learn More
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AimLoan.com NMLS#2890
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4.459% 4.375% 0.00 $2,500 $1,249 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

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Third Federal Savings & Loan Assoc. of Cleveland 3.990% $238.42 Learn More
Flagstar Bank 5.490% $283.58 Learn More

Note to Bank of Lee's Summit
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Branches

Bank of Lee's Summit 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 Lee's Summit Locations

Financial Details

Bank of Lee's Summit Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Lee's Summit. 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 Lee's Summit U.S. Bank Average
3.06% 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 Lee's Summit had $6,000 in non-current loans and $1,810,000 in owned real estate. To cover these potential losses it had $58,018,000 in equity and $1,308,000 in loans loss reserves. That gives it a Texas Ratio of 3.06%.

Return on Equity
Bank of Lee's Summit U.S. Bank Average
3.78% 8.84%

Bank of Lee's Summit has a Return on Equity of 3.78% 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 Lee's Summit U.S. Bank Average
18.79% 12.21%

Bank of Lee's Summit has a Capitalization of 18.79% 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 Lee's Summit Balance Sheet Analysis

As of December 31, 2016, Bank of Lee's Summit had assets of $331,632,000, loans of $119,036,000, and deposits of $270,183,000. 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

ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.12 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 $0.00 billion
LIABILITIES
Total deposits $0.27 billion
      Interest-bearing deposits $0.00 billion
      Deposits held in domestic offices $0.00 billion
      % insured (estimated) 0.00%
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 $0.00 billion
      Shareholders’ Equity $0.31 billion

Summary Income Statement

INCOME AND EXPENSES
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

Frequently Asked Questions About Bank Of Lee's Summit

Branches and Savings

Is Bank Of Lee's Summit FDIC insured?

Yes. It is covered under FDIC Certificate #8886.

Why does Bank Of Lee's Summit 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 Lee's Summit CD rates not competitive?

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

Is Bank Of Lee's Summit a commercial bank?

Yes

Where are Bank Of Lee's Summit locations?

See branch locations nearby.

Is Bank Of Lee's Summit open on Saturdays?

Is Bank Of Lee's Summit open on Sundays?

What time does Bank Of Lee's Summit open?

What time does Bank Of Lee's Summit close?

Are Bank Of Lee's Summit ATMs Open 24/7?

Do Bank Of Lee's Summit ATMs accept cash deposits?

Can Bank Of Lee's Summit customers use other ATMs?

Do Bank Of Lee's Summit branches have notaries?

Will Bank Of Lee's Summit notarize my document?

What address for Bank Of Lee's Summit should I put for incoming ACH transfers?

Will the Bank Of Lee's Summit branch print checks?

Do Bank Of Lee's Summit checks expire?

Does Bank Of Lee's Summit require US citizenship to open account?

Can Bank Of Lee's Summit close my account?

Does Bank Of Lee's Summit Report to credit bureaus?

Does Bank Of Lee's Summit Use Equifax?

What is Bank Of Lee's Summit's ACH Routing Number?

What is Bank Of Lee's Summit's SWIFT code?

Products

Does Bank Of Lee's Summit offer mortgages?

Compare mortgage rates here.

Does Bank Of Lee's Summit offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank Of Lee's Summit offer personal loans?

Compare personal loan rates here.

Does Bank Of Lee's Summit offer student loans?

Will Bank Of Lee's Summit cash a check?

Will Bank Of Lee's Summit redeem a savings bond?

Does Bank Of Lee's Summit cash savings bonds?

Will Bank Of Lee's Summit cash money orders?

Can Bank Of Lee's Summit issue a money order?

Does Bank Of Lee's Summit do currency exchange?

Background on The Bank

Who owns Bank Of Lee's Summit?

How long has Bank Of Lee's Summit been around?

Can Bank Of Lee's Summit transfer to other banks?

Does Bank Of Lee's Summit have quick pay?

Does Bank Of Lee's Summit accept rolled coins?

Will Bank Of Lee's Summit accept loose change?

Where is Bank Of Lee's Summit headquarters?

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