Bank of the Panhandle

13th And Main Streets
Guymon, OK 73942

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 22340
Date Established 1976
Assets $0.14 billion
Loans $0.09 billion
Deposits $0.11 billion
Capital $0.02 billion

Bank of the Panhandle is an FDIC insured institution located in Guymon, OK. It was founded in 1976 and has approximately $0.14 billion in assets.

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

Compared to other banks in Oklahoma, Bank of the Panhandle has a significantly higher percent of Multifamily Mortgages, Credit Card Loans, Commercial Real Estate 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 12.94
Multifamily
Mortgages
4.32
Credit Card Loans 0.34
Consumer Auto Loans 0.57
Small Business Loans 12.68
Construction and Development Loans 0.98
Commercial Real Estate 41.18
Commercial and Industrial Loans 18.07
Farm Loans 10.32

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.60% $1,000 $99,999 Learn MoreShow Less
3 Mo CD 100K
0.75% $100,000 - Learn MoreShow Less
6 Mo CD 10K
1.05% $1,000 $99,999 Learn MoreShow Less
6 Mo CD 100K
1.16% $100,000 $249,999 Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.30% $1 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
1.61% $1,000 $99,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
2.75% $1,000 $99,999 Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.15% $2,500 $9,999 Learn MoreShow Less
MM 10K
0.20% $10,000 $24,999 Learn MoreShow Less
MM 25K
0.30% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.10% $1 $1,999 Learn MoreShow Less
Int Ckg 2.5K
0.15% $2,000 $4,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of the Panhandle

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
Quicken Loans NMLS #3030
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More
Rocket Mortgage
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 the Panhandle
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Branches

Bank of the Panhandle 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 The Panhandle Locations

Financial Details

Bank of the Panhandle Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of the Panhandle. 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 the Panhandle U.S. Bank Average
1.76% 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 the Panhandle had $250,000 in non-current loans and $98,000 in owned real estate. To cover these potential losses it had $18,506,000 in equity and $1,254,000 in loans loss reserves. That gives it a Texas Ratio of 1.76%. 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 the Panhandle U.S. Bank Average
12.91% 8.58

Bank of the Panhandle has a Return on Equity of 12.91% 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 the Panhandle U.S. Bank Average
13.2% 12.11

Bank of the Panhandle has a Capitalization of 13.2% 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 the Panhandle Balance Sheet Analysis

As of June 30, 2017, Bank of the Panhandle had assets of $140,155,000, loans of $94,100,000, and deposits of $109,814,000. 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 the Panhandle

Branches and Savings

Is Bank of the Panhandle FDIC insured?

Yes. It is covered under FDIC Certificate #22340.

Why does Bank of the Panhandle 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 the Panhandle CD rates not competitive?

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

Is Bank of the Panhandle a commercial bank?

Yes

Where are Bank of the Panhandle locations?

See branch locations nearby.

Is Bank of the Panhandle open on Saturdays?

Is Bank of the Panhandle open on Sundays?

What time does Bank of the Panhandle open?

What time does Bank of the Panhandle close?

Are Bank of the Panhandle ATMs Open 24/7?

Do Bank of the Panhandle ATMs accept cash deposits?

Can Bank of the Panhandle customers use other ATMs?

Do Bank of the Panhandle branches have notaries?

Will Bank of the Panhandle notarize my document?

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

Will the Bank of the Panhandle branch print checks?

Do Bank of the Panhandle checks expire?

Does Bank of the Panhandle require US citizenship to open account?

Can Bank of the Panhandle close my account?

Does Bank of the Panhandle Report to credit bureaus?

Does Bank of the Panhandle Use Equifax?

What is Bank of the Panhandle's ACH Routing Number?

What is Bank of the Panhandle's SWIFT code?

Products

Does Bank of the Panhandle offer mortgages?

Compare mortgage rates here.

Does Bank of the Panhandle offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank of the Panhandle offer personal loans?

Compare personal loan rates here.

Does Bank of the Panhandle offer student loans?

Will Bank of the Panhandle cash a check?

Will Bank of the Panhandle redeem a savings bond?

Does Bank of the Panhandle cash savings bonds?

Will Bank of the Panhandle cash money orders?

Can Bank of the Panhandle issue a money order?

Does Bank of the Panhandle do currency exchange?

Background on The Bank

Who owns Bank of the Panhandle?

How long has Bank of the Panhandle been around?

Can Bank of the Panhandle transfer to other banks?

Does Bank of the Panhandle have quick pay?

Does Bank of the Panhandle accept rolled coins?

Will Bank of the Panhandle accept loose change?

Where is Bank of the Panhandle headquarters?

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