Bank of McCrory

Headquarters

124 North Edmonds Avenue
Mccrory, AR 72101
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.25% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 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 McCrory is an FDIC insured institution located in Mccrory, AR. It was founded in 1903 and has approximately $0.08 billion in assets.

FDIC Insured Yes
FDIC Certificate # 1523
Date Established 1903
Assets $ 79.03 million
Loans $ 25.61 million
Deposits $ 69.95 million
Capital $ 8.89 million
 

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

Deposit Rates - October 25, 2020

Your Current Location: Washington, WA 98109


Loan Rates - October 25, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Bank of McCrory

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




Featured - Washington 30 Year Fixed Mortgage Rates 2020

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Payment
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NMLS ID: 2890
License#: 520-CL-25944
2.575% 2.500% 1.00 $2,470 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
Cascadia Mortgage
NMLS ID: 1505422
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2.830% 2.750% 0.63 $2,622 $1,021 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to Bank of McCrory
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Branches

Bank of McCrory 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:
Seattle,Washington


Bank of McCrory Locations


Financial Details

Bank of McCrory Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of McCrory. 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 McCrory U.S. Bank Average
23.45% 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 McCrory had $1,893,000 in non-current loans and $228,000 in owned real estate. To cover these potential losses it had $8,894,000 in equity and $151,000 in loans loss reserves. That gives it a Texas Ratio of 23.45%.

Return on Equity
Bank of McCrory U.S. Bank Average
7.36% 7.80%

Bank of McCrory has a Return on Equity of 7.36% 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 McCrory U.S. Bank Average
11.25% 12.68%

Bank of McCrory has a Capitalization of 11.25% 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 McCrory Balance Sheet Analysis

As of September 30, 2017, Bank of McCrory had assets of $78,854,000, loans of $25,612,000, and deposits of $69,949,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 25.61 million
Loan loss allowance $ 0.15 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.23 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 69.95 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 79.03 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

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

Compared to other banks in Arkansas, Bank of McCrory 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 8.56
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 1.93
Small Business Loans 5.29
Construction and Development Loans 0.00
Commercial Real Estate 5.29
Commercial and Industrial Loans 8.94
Farm Loans 54.87

Frequently Asked Questions About Bank Of Mccrory

Branches and Savings

Is Bank Of Mccrory FDIC insured?

Yes. It is covered under FDIC Certificate #1523.

Why does Bank Of Mccrory 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 Mccrory CD rates not competitive?

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

Is Bank Of Mccrory a commercial bank?

Yes

Where are Bank Of Mccrory locations?

See branch locations nearby.

Is Bank Of Mccrory open on Saturdays?

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What time does Bank Of Mccrory open?

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Are Bank Of Mccrory ATMs Open 24/7?

Do Bank Of Mccrory ATMs accept cash deposits?

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Do Bank Of Mccrory branches have notaries?

Will Bank Of Mccrory notarize my document?

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Will the Bank Of Mccrory branch print checks?

Do Bank Of Mccrory checks expire?

Does Bank Of Mccrory require US citizenship to open account?

Can Bank Of Mccrory close my account?

Does Bank Of Mccrory Report to credit bureaus?

Does Bank Of Mccrory Use Equifax?

What is Bank Of Mccrory's ACH Routing Number?

What is Bank Of Mccrory's SWIFT code?

Products

Does Bank Of Mccrory offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Mccrory offer personal loans?

Compare personal loan rates here.

Does Bank Of Mccrory offer student loans?

Will Bank Of Mccrory cash a check?

Will Bank Of Mccrory redeem a savings bond?

Does Bank Of Mccrory cash savings bonds?

Will Bank Of Mccrory cash money orders?

Can Bank Of Mccrory issue a money order?

Does Bank Of Mccrory do currency exchange?

Background on The Bank

Who owns Bank Of Mccrory?

How long has Bank Of Mccrory been around?

Can Bank Of Mccrory transfer to other banks?

Does Bank Of Mccrory have quick pay?

Does Bank Of Mccrory accept rolled coins?

Will Bank Of Mccrory accept loose change?

Where is Bank Of Mccrory headquarters?

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