Bank of Minden

601 Main Street
Mindenmines, MO 64769

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 19954
Date Established 1912
Assets $0.03 billion
Loans $0.02 billion
Deposits $0.02 billion
Capital $0.00 billion

Bank of Minden is an FDIC insured institution located in Mindenmines, MO. It was founded in 1912 and has approximately $0.03 billion in assets. Customers can open an account at one of its 2 branches.

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

Compared to other banks in Missouri, Bank of Minden has a significantly higher percent of Commercial and Industrial 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 23.42
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 1.06
Small Business Loans 5.88
Construction and Development Loans 0.00
Commercial Real Estate 19.97
Commercial and Industrial Loans 20.89
Farm Loans 12.84

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
6 Mo CD 10K
0.20% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Variable IRA Rates APY MIN MAX
Var IRA 0K
1.00% $500 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.15% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.10% $1,500 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Minden

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
Poli Mortgage Group Inc
NMLS ID: 1979
License#: MC-5501
3.875% 3.875% 0.00 $0 $1,176 Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
3.896% 3.875% 0.25 $628 $1,176 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
Flagstar Bank 4.990% $268.11 Learn More

Note to Bank of Minden
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Branches

Bank of Minden 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 Minden Locations

Financial Details

Bank of Minden Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Minden. 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 Minden 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 Minden had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $4,146,000 in equity and $379,000 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 Minden U.S. Bank Average
3.95% 8.58

Bank of Minden has a Return on Equity of 3.95% 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 Minden U.S. Bank Average
14.33% 12.11

Bank of Minden has a Capitalization of 14.33% 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 Minden Balance Sheet Analysis

As of June 30, 2017, Bank of Minden had assets of $28,930,000, loans of $17,478,000, and deposits of $24,703,000. 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 Minden

Branches and Savings

Is Bank of Minden FDIC insured?

Yes. It is covered under FDIC Certificate #19954.

Why does Bank of Minden 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 Minden CD rates not competitive?

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

Is Bank of Minden a commercial bank?

Yes

Where are Bank of Minden locations?

See branch locations nearby.

Is Bank of Minden open on Saturdays?

Is Bank of Minden open on Sundays?

What time does Bank of Minden open?

What time does Bank of Minden close?

Are Bank of Minden ATMs Open 24/7?

Do Bank of Minden ATMs accept cash deposits?

Can Bank of Minden customers use other ATMs?

Do Bank of Minden branches have notaries?

Will Bank of Minden notarize my document?

What address for Bank of Minden should I put for incoming ACH transfers?

Will the Bank of Minden branch print checks?

Do Bank of Minden checks expire?

Does Bank of Minden require US citizenship to open account?

Can Bank of Minden close my account?

Does Bank of Minden Report to credit bureaus?

Does Bank of Minden Use Equifax?

What is Bank of Minden's ACH Routing Number?

What is Bank of Minden's SWIFT code?

Products

Does Bank of Minden offer mortgages?

Compare mortgage rates here.

Does Bank of Minden offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank of Minden offer personal loans?

Compare personal loan rates here.

Does Bank of Minden offer student loans?

Will Bank of Minden cash a check?

Will Bank of Minden redeem a savings bond?

Does Bank of Minden cash savings bonds?

Will Bank of Minden cash money orders?

Can Bank of Minden issue a money order?

Does Bank of Minden do currency exchange?

Background on The Bank

Who owns Bank of Minden?

How long has Bank of Minden been around?

Can Bank of Minden transfer to other banks?

Does Bank of Minden have quick pay?

Does Bank of Minden accept rolled coins?

Will Bank of Minden accept loose change?

Where is Bank of Minden headquarters?

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