Bank of the West

108 West Northwest Highway
Grapevine, TX 76051

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 26627
Date Established 1986
Assets $0.46 billion
Loans $0.31 billion
Deposits $0.42 billion
Capital $0.04 billion

Bank of the West is an FDIC insured institution located in Grapevine, TX. It was founded in 1986 and has approximately $0.46 billion in assets. Customers can open an account at one of its 11 branches.

For a more detailed analysis of Bank of the West'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 West’s loan portfolio are Commercial Real Estate, Small Business Loans, and Commercial and Industrial Loans.

Compared to other banks in Texas, Bank of the West has a significantly higher percent of 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 11.09
Multifamily
Mortgages
1.43
Credit Card Loans 0.00
Consumer Auto Loans 0.29
Small Business Loans 15.33
Construction and Development Loans 9.55
Commercial Real Estate 60.81
Commercial and Industrial Loans 13.15
Farm Loans 0.72

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.08% $1,000 $99,999 Learn MoreShow Less
3 Mo CD 100K
0.08% $100,000 - Learn MoreShow Less
6 Mo CD 10K
0.10% $1,000 $99,999 Learn MoreShow Less
6 Mo CD 100K
0.10% $100,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.20% $1,000 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.05% $1 $9,999 Learn MoreShow Less
MM 10K
0.08% $10,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.02% $1 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

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

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
vLoan
NMLS ID: 2229
License#: MC-5591
4.078% 4.000% 0.38 $2,345 $1,194 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 West
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Branches

Bank of the West 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 West Locations

Financial Details

Bank of the West Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of the West. 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 West U.S. Bank Average
6.47% 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 West had $2,216,000 in non-current loans and $844,000 in owned real estate. To cover these potential losses it had $43,241,000 in equity and $4,084,000 in loans loss reserves. That gives it a Texas Ratio of 6.47%. 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 West U.S. Bank Average
12.41% 8.58

Bank of the West has a Return on Equity of 12.41% 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 West U.S. Bank Average
9.36% 12.11

Bank of the West has a Capitalization of 9.36% 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 West Balance Sheet Analysis

As of June 30, 2017, Bank of the West had assets of $462,029,000, loans of $307,491,000, and deposits of $417,389,000. 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 West

Branches and Savings

Is Bank of the West FDIC insured?

Yes. It is covered under FDIC Certificate #26627.

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

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

Is Bank of the West a commercial bank?

Yes

Where are Bank of the West locations?

See branch locations nearby.

Is Bank of the West open on Saturdays?

Is Bank of the West open on Sundays?

What time does Bank of the West open?

What time does Bank of the West close?

Are Bank of the West ATMs Open 24/7?

Do Bank of the West ATMs accept cash deposits?

Can Bank of the West customers use other ATMs?

Do Bank of the West branches have notaries?

Will Bank of the West notarize my document?

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

Will the Bank of the West branch print checks?

Do Bank of the West checks expire?

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

Can Bank of the West close my account?

Does Bank of the West Report to credit bureaus?

Does Bank of the West Use Equifax?

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

What is Bank of the West's SWIFT code?

Products

Does Bank of the West offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank of the West offer personal loans?

Compare personal loan rates here.

Does Bank of the West offer student loans?

Will Bank of the West cash a check?

Will Bank of the West redeem a savings bond?

Does Bank of the West cash savings bonds?

Will Bank of the West cash money orders?

Can Bank of the West issue a money order?

Does Bank of the West do currency exchange?

Background on The Bank

Who owns Bank of the West?

How long has Bank of the West been around?

Can Bank of the West transfer to other banks?

Does Bank of the West have quick pay?

Does Bank of the West accept rolled coins?

Will Bank of the West accept loose change?

Where is Bank of the West headquarters?

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