Bank of Prescott

East 2nd And Main Streets
Prescott, AR 71857

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 101
Date Established 1904
Assets $0.08 billion
Loans $0.04 billion
Deposits $0.06 billion
Capital $0.01 billion

Bank of Prescott is an FDIC insured institution located in Prescott, AR. It was founded in 1904 and has approximately $0.08 billion in assets.

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

Compared to other banks in Arkansas, Bank of Prescott 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 27.74
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 3.65
Small Business Loans 0.00
Construction and Development Loans 0.74
Commercial Real Estate 8.95
Commercial and Industrial Loans 35.66
Farm Loans 4.02

Deposit Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Bank Of Prescott, but see these great savings and CD rates:

2.00% APY 12 Month CD from Synchrony Bank

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Prescott

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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
3.930% 3.875% 0.25 $1,787 $1,176 Learn More
CapWest Home Loans
NMLS ID: 6521
4.284% 4.250% 0.00 $997 $1,230 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.490% $224.24 Learn More
Flagstar Bank 5.240% $275.79 Learn More

Note to Bank of Prescott
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Branches

Bank of Prescott 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 Prescott Locations

Financial Details

Bank of Prescott Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Prescott. 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 Prescott U.S. Bank Average
13.36% 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 Prescott had $838,000 in non-current loans and $826,000 in owned real estate. To cover these potential losses it had $11,570,000 in equity and $885,000 in loans loss reserves. That gives it a Texas Ratio of 13.36%.

Return on Equity
Bank of Prescott U.S. Bank Average
8.19% 8.84%

Bank of Prescott has a Return on Equity of 8.19% 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 Prescott U.S. Bank Average
15% 12.21%

Bank of Prescott has a Capitalization of 15% 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 Prescott Balance Sheet Analysis

As of September 30, 2017, Bank of Prescott had assets of $77,133,000, loans of $42,454,000, and deposits of $63,255,000. 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 Prescott

Branches and Savings

Is Bank of Prescott FDIC insured?

Yes. It is covered under FDIC Certificate #101.

Why does Bank of Prescott 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 Prescott CD rates not competitive?

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

Is Bank of Prescott a commercial bank?

Yes

Where are Bank of Prescott locations?

See branch locations nearby.

Is Bank of Prescott open on Saturdays?

Is Bank of Prescott open on Sundays?

What time does Bank of Prescott open?

What time does Bank of Prescott close?

Are Bank of Prescott ATMs Open 24/7?

Do Bank of Prescott ATMs accept cash deposits?

Can Bank of Prescott customers use other ATMs?

Do Bank of Prescott branches have notaries?

Will Bank of Prescott notarize my document?

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

Will the Bank of Prescott branch print checks?

Do Bank of Prescott checks expire?

Does Bank of Prescott require US citizenship to open account?

Can Bank of Prescott close my account?

Does Bank of Prescott Report to credit bureaus?

Does Bank of Prescott Use Equifax?

What is Bank of Prescott's ACH Routing Number?

What is Bank of Prescott's SWIFT code?

Products

Does Bank of Prescott offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank of Prescott offer personal loans?

Compare personal loan rates here.

Does Bank of Prescott offer student loans?

Will Bank of Prescott cash a check?

Will Bank of Prescott redeem a savings bond?

Does Bank of Prescott cash savings bonds?

Will Bank of Prescott cash money orders?

Can Bank of Prescott issue a money order?

Does Bank of Prescott do currency exchange?

Background on The Bank

Who owns Bank of Prescott?

How long has Bank of Prescott been around?

Can Bank of Prescott transfer to other banks?

Does Bank of Prescott have quick pay?

Does Bank of Prescott accept rolled coins?

Will Bank of Prescott accept loose change?

Where is Bank of Prescott headquarters?

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