Bank of Walnut Grove

101 Chadwick Ave
Walnut Grove, MS 39189

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 8558
Date Established 1923
Assets $0.06 billion
Loans $0.02 billion
Deposits $0.05 billion
Capital $0.00 billion

Bank of Walnut Grove is an FDIC insured institution located in Walnut Grove, MS. It was founded in 1923 and has approximately $0.06 billion in assets.

For a more detailed analysis of Bank of Walnut Grove'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 Walnut Grove’s loan portfolio are 1-4 Family Residential Loans, Consumer Auto Loans, and Small Business Loans.

Compared to other banks in Mississippi, Bank of Walnut Grove has a significantly higher percent of Consumer Auto 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 50.66
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 12.68
Small Business Loans 6.30
Construction and Development Loans 0.00
Commercial Real Estate 6.30
Commercial and Industrial Loans 3.63
Farm Loans 3.56

Deposit Rates

Your Current Location: Virginia, VA 20146

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

Advertiser Disclosure

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Walnut Grove

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

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Featured - Virginia Home Equity Line Of Credit Rates 2018

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Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More
Flagstar Bank 5.740% $291.47 Learn More

Note to Bank of Walnut Grove
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Branches

Bank of Walnut Grove 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 Walnut Grove Locations

Financial Details

Bank of Walnut Grove Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Walnut Grove. 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 Walnut Grove U.S. Bank Average
1.24% 7.92%

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 March 31, 2018, Bank of Walnut Grove had $0 in non-current loans and $65,000 in owned real estate. To cover these potential losses it had $4,661,000 in equity and $560,000 in loans loss reserves. That gives it a Texas Ratio of 1.24%.

Return on Equity
Bank of Walnut Grove U.S. Bank Average
5.82% 9.35%

Bank of Walnut Grove has a Return on Equity of 5.82% versus the BestCashCow average of 9.35%. 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 Walnut Grove U.S. Bank Average
7.97% 12.01%

Bank of Walnut Grove has a Capitalization of 7.97% versus the BestCashCow average of 12.01. 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 Walnut Grove Balance Sheet Analysis

As of September 30, 2017, Bank of Walnut Grove had assets of $57,384,000, loans of $22,947,000, and deposits of $52,515,000. 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

ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.02 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.00 billion
LIABILITIES
Total deposits $0.05 billion
      Interest-bearing deposits $0.00 billion
      Deposits held in domestic offices $0.00 billion
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.00 billion
      Shareholders’ Equity $0.06 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Bank Of Walnut Grove

Branches and Savings

Is Bank Of Walnut Grove FDIC insured?

Yes. It is covered under FDIC Certificate #8558.

Why does Bank Of Walnut Grove 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 Walnut Grove CD rates not competitive?

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

Is Bank Of Walnut Grove a commercial bank?

Yes

Where are Bank Of Walnut Grove locations?

See branch locations nearby.

Is Bank Of Walnut Grove open on Saturdays?

Is Bank Of Walnut Grove open on Sundays?

What time does Bank Of Walnut Grove open?

What time does Bank Of Walnut Grove close?

Are Bank Of Walnut Grove ATMs Open 24/7?

Do Bank Of Walnut Grove ATMs accept cash deposits?

Can Bank Of Walnut Grove customers use other ATMs?

Do Bank Of Walnut Grove branches have notaries?

Will Bank Of Walnut Grove notarize my document?

What address for Bank Of Walnut Grove should I put for incoming ACH transfers?

Will the Bank Of Walnut Grove branch print checks?

Do Bank Of Walnut Grove checks expire?

Does Bank Of Walnut Grove require US citizenship to open account?

Can Bank Of Walnut Grove close my account?

Does Bank Of Walnut Grove Report to credit bureaus?

Does Bank Of Walnut Grove Use Equifax?

What is Bank Of Walnut Grove's ACH Routing Number?

What is Bank Of Walnut Grove's SWIFT code?

Products

Does Bank Of Walnut Grove offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank Of Walnut Grove offer personal loans?

Compare personal loan rates here.

Does Bank Of Walnut Grove offer student loans?

Will Bank Of Walnut Grove cash a check?

Will Bank Of Walnut Grove redeem a savings bond?

Does Bank Of Walnut Grove cash savings bonds?

Will Bank Of Walnut Grove cash money orders?

Can Bank Of Walnut Grove issue a money order?

Does Bank Of Walnut Grove do currency exchange?

Background on The Bank

Who owns Bank Of Walnut Grove?

How long has Bank Of Walnut Grove been around?

Can Bank Of Walnut Grove transfer to other banks?

Does Bank Of Walnut Grove have quick pay?

Does Bank Of Walnut Grove accept rolled coins?

Will Bank Of Walnut Grove accept loose change?

Where is Bank Of Walnut Grove headquarters?

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