Bank of Lindsay

Headquarters

102 Pine Street
Lindsay, NE 68644
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.30% 1.00% →
1-Year CD 0.80% 0.95% →
2-Year CD 1.00% 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 Lindsay is an FDIC insured institution located in Lindsay, NE. It was founded in 1953 and has approximately $0.08 billion in assets.

FDIC Insured Yes
FDIC Certificate # 19087
Date Established 1953
Assets $ 76.78 million
Loans $ 64.70 million
Deposits $ 57.09 million
Capital $ 8.42 million
 

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

Deposit Rates - October 19, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.30% $100 - Learn More
Money Market
0.50% $5,000 - Learn More
CD Rates APY MIN MAX
3 Mo CD
0.40% $100 - Learn More
6 Mo CD
0.50% $100 - Learn More
12 Mo CD
0.80% $100 - Learn More
18 Mo CD
0.85% $100 - Learn More
24 Mo CD
1.00% $100 - Learn More
30 Mo CD
1.10% $100 - Learn More

Variable IRA Rates APY MIN MAX
Var IRA
1.76% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.50% $1,000 - Learn MoreShow Less

Loan Rates - October 19, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Lindsay

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.574% 2.500% 1.00 $2,445 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More

Featured - Virginia 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 Lindsay
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Branches

Bank of Lindsay 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 Lindsay Locations


Financial Details

Bank of Lindsay Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Lindsay. 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 Lindsay U.S. Bank Average
0.94% 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 Lindsay had $84,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $8,416,000 in equity and $525,000 in loans loss reserves. That gives it a Texas Ratio of 0.94%.

Return on Equity
Bank of Lindsay U.S. Bank Average
1.79% 7.80%

Bank of Lindsay has a Return on Equity of 1.79% 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 Lindsay U.S. Bank Average
10.96% 12.68%

Bank of Lindsay has a Capitalization of 10.96% 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 Lindsay Balance Sheet Analysis

As of March 31, 2020, Bank of Lindsay had assets of $76,777,000, loans of $64,697,000, and deposits of $57,091,000. 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 $ 3.71 million
Interest-bearing balances $ 0.50 million
Total securities $ 1.85 million
Federal funds sold and reverse repurchase $ 1.17 million
Net loans and leases $ 64.70 million
Loan loss allowance $ 0.53 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 3.57 million
     Total Assets $ 68.36 million
LIABILITIES
Total deposits $ 57.09 million
      Interest-bearing deposits $ 47.95 million
      Deposits held in domestic offices $ 57.09 million
      % insured (estimated) 95.09%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 10.81 million
Subordinated debt N.A.
All other liabilities $ 0.46 million
      Total Liabilities $ 68.36 million
      Shareholders’ Equity $ 8.42 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.79 million
Total Interest Expense $ 0.26 million
Net interest income $ 0.53 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.18 million
Total non interest expense $ 0.66 million
Pre-tax Net Operating Income $ 0.05 million

Bank Loan Profile?

The top three loan types in Bank of Lindsay’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and Consumer Auto Loans.

Compared to other banks in Nebraska, Bank of Lindsay 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 0.12
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.55
Small Business Loans 0.26
Construction and Development Loans 0.00
Commercial Real Estate 0.26
Commercial and Industrial Loans 6.41
Farm Loans 65.38

Frequently Asked Questions About Bank Of Lindsay

Branches and Savings

Is Bank Of Lindsay FDIC insured?

Yes. It is covered under FDIC Certificate #19087.

Why does Bank Of Lindsay 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 Lindsay CD rates not competitive?

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

Is Bank Of Lindsay a commercial bank?

Yes

Where are Bank Of Lindsay locations?

See branch locations nearby.

Is Bank Of Lindsay open on Saturdays?

Is Bank Of Lindsay open on Sundays?

What time does Bank Of Lindsay open?

What time does Bank Of Lindsay close?

Are Bank Of Lindsay ATMs Open 24/7?

Do Bank Of Lindsay ATMs accept cash deposits?

Can Bank Of Lindsay customers use other ATMs?

Do Bank Of Lindsay branches have notaries?

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Will the Bank Of Lindsay branch print checks?

Do Bank Of Lindsay checks expire?

Does Bank Of Lindsay require US citizenship to open account?

Can Bank Of Lindsay close my account?

Does Bank Of Lindsay Report to credit bureaus?

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What is Bank Of Lindsay's ACH Routing Number?

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Products

Does Bank Of Lindsay offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Lindsay offer personal loans?

Compare personal loan rates here.

Does Bank Of Lindsay offer student loans?

Will Bank Of Lindsay cash a check?

Will Bank Of Lindsay redeem a savings bond?

Does Bank Of Lindsay cash savings bonds?

Will Bank Of Lindsay cash money orders?

Can Bank Of Lindsay issue a money order?

Does Bank Of Lindsay do currency exchange?

Background on The Bank

Who owns Bank Of Lindsay?

How long has Bank Of Lindsay been around?

Can Bank Of Lindsay transfer to other banks?

Does Bank Of Lindsay have quick pay?

Does Bank Of Lindsay accept rolled coins?

Will Bank Of Lindsay accept loose change?

Where is Bank Of Lindsay headquarters?

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