Bank of Lexington, Inc.

761 Corporate Drive
Lexington, KY 40503

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58164
Date Established 2006
Assets $0.26 billion
Loans $0.21 billion
Deposits $0.20 billion
Capital $0.03 billion

Bank of Lexington, Inc. is an FDIC insured institution located in Lexington, KY. It was founded in 2006 and has approximately $0.26 billion in assets. Customers can open an account at one of its 3 branches.

For a more detailed analysis of Bank of Lexington, Inc.'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 Lexington, Inc.’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Kentucky, Bank of Lexington, Inc. has a significantly higher percent of 1-4 Family Residential Loans, 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 59.40
Multifamily
Mortgages
2.72
Credit Card Loans 0.00
Consumer Auto Loans 0.03
Small Business Loans 12.95
Construction and Development Loans 10.15
Commercial Real Estate 25.06
Commercial and Industrial Loans 2.02
Farm Loans 0.01

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.10% $500 - Learn MoreShow Less
Special: 6 Mo CD
0.50% $500 - Learn MoreShow Less
6 Mo CD 10K
0.25% $500 - Learn MoreShow Less
Special: 9 Mo CD
0.70% $500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.25% $100 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.40% $500 - Learn MoreShow Less
Special: 6 Mo FIRA
0.50% $500 - Learn MoreShow Less
Special: 9 Mo FIRA
0.70% $500 - Learn MoreShow Less
Special: 15 Mo FIRA
1.05% $500 - Learn MoreShow Less
Special: 24 Mo FIRA
1.25% $500 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.15% $2,500 $24,999 Learn MoreShow Less
MM 25K
0.20% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.10% $2,500 $24,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Lexington, Inc.

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 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

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

Branches

Bank of Lexington, Inc. 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 Lexington, Inc. Locations

Financial Details

Bank of Lexington, Inc. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Lexington, Inc.. 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 Lexington, Inc. U.S. Bank Average
0% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Bank of Lexington, Inc. had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $27,594,000 in equity and $1,910,000 in loans loss reserves. That gives it a Texas Ratio of 0%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Bank of Lexington, Inc. U.S. Bank Average
7.91% 8.58

Bank of Lexington, Inc. has a Return on Equity of 7.91% versus the BestCashCow average of 8.58. 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 Lexington, Inc. U.S. Bank Average
10.51% 12.11

Bank of Lexington, Inc. has a Capitalization of 10.51% versus the BestCashCow average of 12.11. 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 Lexington, Inc. Balance Sheet Analysis

As of June 30, 2017, Bank of Lexington, Inc. had assets of $262,580,000, loans of $211,709,000, and deposits of $204,385,000. 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 Lexington, Inc.

Branches and Savings

Is Bank of Lexington, Inc. FDIC insured?

Yes. It is covered under FDIC Certificate #58164.

Why does Bank of Lexington, Inc. 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 Lexington, Inc. CD rates not competitive?

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

Is Bank of Lexington, Inc. a commercial bank?

Yes

Where are Bank of Lexington, Inc. locations?

See branch locations nearby.

Is Bank of Lexington, Inc. open on Saturdays?

Is Bank of Lexington, Inc. open on Sundays?

What time does Bank of Lexington, Inc. open?

What time does Bank of Lexington, Inc. close?

Are Bank of Lexington, Inc. ATMs Open 24/7?

Do Bank of Lexington, Inc. ATMs accept cash deposits?

Can Bank of Lexington, Inc. customers use other ATMs?

Do Bank of Lexington, Inc. branches have notaries?

Will Bank of Lexington, Inc. notarize my document?

What address for Bank of Lexington, Inc. should I put for incoming ACH transfers?

Will the Bank of Lexington, Inc. branch print checks?

Do Bank of Lexington, Inc. checks expire?

Does Bank of Lexington, Inc. require US citizenship to open account?

Can Bank of Lexington, Inc. close my account?

Does Bank of Lexington, Inc. Report to credit bureaus?

Does Bank of Lexington, Inc. Use Equifax?

What is Bank of Lexington, Inc.'s ACH Routing Number?

What is Bank of Lexington, Inc.'s SWIFT code?

Products

Does Bank of Lexington, Inc. offer mortgages?

Compare mortgage rates here.

Does Bank of Lexington, Inc. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank of Lexington, Inc. offer personal loans?

Compare personal loan rates here.

Does Bank of Lexington, Inc. offer student loans?

Will Bank of Lexington, Inc. cash a check?

Will Bank of Lexington, Inc. redeem a savings bond?

Does Bank of Lexington, Inc. cash savings bonds?

Will Bank of Lexington, Inc. cash money orders?

Can Bank of Lexington, Inc. issue a money order?

Does Bank of Lexington, Inc. do currency exchange?

Background on The Bank

Who owns Bank of Lexington, Inc.?

How long has Bank of Lexington, Inc. been around?

Can Bank of Lexington, Inc. transfer to other banks?

Does Bank of Lexington, Inc. have quick pay?

Does Bank of Lexington, Inc. accept rolled coins?

Will Bank of Lexington, Inc. accept loose change?

Where is Bank of Lexington, Inc. headquarters?

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