Bank of Washington

200 West Main Street
Washington, MO 63090

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 12627
Date Established 1877
Assets $0.64 billion
Loans $0.50 billion
Deposits $0.50 billion
Capital $0.08 billion

Bank of Washington is an FDIC insured institution located in Washington, MO. It was founded in 1877 and has approximately $0.64 billion in assets. Customers can open an account at one of its 6 branches.

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

Compared to other banks in Missouri, Bank of Washington has a significantly higher percent of Construction and Development Loans, 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 19.12
Multifamily
Mortgages
5.13
Credit Card Loans 0.00
Consumer Auto Loans 0.22
Small Business Loans 5.49
Construction and Development Loans 14.40
Commercial Real Estate 31.77
Commercial and Industrial Loans 28.94
Farm Loans 0.12

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.20% $5,000 - Learn MoreShow Less
6 Mo CD 10K
0.30% $500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.50% $500 - Learn MoreShow Less
Special: 27 Mo FIRA
1.36% $5,000 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.15% $1 $4,999 Learn MoreShow Less
MM 10K
0.15% $5,000 $19,999 Learn MoreShow Less
MM 25K
0.15% $20,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.15% $1 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Bank of Washington 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 Washington Locations

Financial Details

Bank of Washington Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Washington. 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 Washington U.S. Bank Average
74.57% 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 Washington had $43,173,000 in non-current loans and $23,679,000 in owned real estate. To cover these potential losses it had $77,190,000 in equity and $12,465,000 in loans loss reserves. That gives it a Texas Ratio of 74.57%. 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 Washington U.S. Bank Average
6.25% 8.58

Bank of Washington has a Return on Equity of 6.25% 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 Washington U.S. Bank Average
12.07% 12.11

Bank of Washington has a Capitalization of 12.07% 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 Washington Balance Sheet Analysis

As of June 30, 2017, Bank of Washington had assets of $639,771,000, loans of $502,417,000, and deposits of $499,847,000. 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 Washington

Branches and Savings

Is Bank of Washington FDIC insured?

Yes. It is covered under FDIC Certificate #12627.

Why does Bank of Washington 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 Washington CD rates not competitive?

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

Is Bank of Washington a commercial bank?

Yes

Where are Bank of Washington locations?

See branch locations nearby.

Is Bank of Washington open on Saturdays?

Is Bank of Washington open on Sundays?

What time does Bank of Washington open?

What time does Bank of Washington close?

Are Bank of Washington ATMs Open 24/7?

Do Bank of Washington ATMs accept cash deposits?

Can Bank of Washington customers use other ATMs?

Do Bank of Washington branches have notaries?

Will Bank of Washington notarize my document?

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

Will the Bank of Washington branch print checks?

Do Bank of Washington checks expire?

Does Bank of Washington require US citizenship to open account?

Can Bank of Washington close my account?

Does Bank of Washington Report to credit bureaus?

Does Bank of Washington Use Equifax?

What is Bank of Washington's ACH Routing Number?

What is Bank of Washington's SWIFT code?

Products

Does Bank of Washington offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bank of Washington offer personal loans?

Compare personal loan rates here.

Does Bank of Washington offer student loans?

Will Bank of Washington cash a check?

Will Bank of Washington redeem a savings bond?

Does Bank of Washington cash savings bonds?

Will Bank of Washington cash money orders?

Can Bank of Washington issue a money order?

Does Bank of Washington do currency exchange?

Background on The Bank

Who owns Bank of Washington?

How long has Bank of Washington been around?

Can Bank of Washington transfer to other banks?

Does Bank of Washington have quick pay?

Does Bank of Washington accept rolled coins?

Will Bank of Washington accept loose change?

Where is Bank of Washington headquarters?

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