Bank of York

Headquarters

13 W Liberty St
York, SC 29745
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.65% →
1-Year CD 0.15% 2.02% →
2-Year CD 0.20% 2.87% →
5-Year CD 0.25% 3.50% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Bank Information

Bank of York is an FDIC insured institution located in York, SC. It was founded in 1935 and has approximately $0.35 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 15104
Date Established 1935
Assets $ 346.95 million
Loans $ 78.44 million
Deposits $ 313.60 million
Capital $ 27.38 million
 

For a more detailed analysis of Bank of York's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - July 3, 2022

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.10% $10,000 $14,999 Learn More
6 Mo CD
0.10% $100,000 $199,999 Learn More
12 Mo CD
0.15% $10,000 $14,999 Learn More
12 Mo CD
0.15% $100,000 $199,999 Learn More
18 Mo CD
0.20% $10,000 $14,999 Learn More
18 Mo CD
0.20% $100,000 $199,999 Learn More
24 Mo CD
0.20% $10,000 $14,999 Learn More
24 Mo CD
0.20% $100,000 $199,999 Learn More
30 Mo CD
0.20% $10,000 $14,999 Learn More
30 Mo CD
0.20% $100,000 $199,999 Learn More
36 Mo CD
0.25% $10,000 $14,999 Learn More
36 Mo CD
0.25% $100,000 $199,999 Learn More
48 Mo CD
0.25% $10,000 $14,999 Learn More
48 Mo CD
0.25% $100,000 $199,999 Learn More
60 Mo CD
0.25% $10,000 $14,999 Learn More
60 Mo CD
0.25% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.02% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - July 3, 2022

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of York

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 2022

Lender APR Rate (%) Monthly
Payment
Learn More
CHASE
NMLS ID: 399798
5.561% 5.490%
0.75 points
$1,970 fees
$1,418 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.887% 5.750%
1.00 points
$3,750 fees
$1,459 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
5.955% 5.875%
0.75 points
$2,155 fees
$1,479 Learn More
First Internet Bank
NMLS ID: 424182
5.189% 5.125%
0.75 points
$1,815 fees
$1,362 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 4.240 %
After Intro: 5.250 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to Bank of York
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Branches

Bank of York 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 York Locations



Climate Initiatives

Bank of York is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Bank of York Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of York. 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 York U.S. Bank Average
1.49% 3.95%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 December 31, 2021, Bank of York had $420,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $27,379,000 in equity and $841,000 in loans loss reserves. That gives it a Texas Ratio of 1.49%.

Return on Equity
Bank of York U.S. Bank Average
4.33% 10.50%

Bank of York has a Return on Equity of 4.33% versus the BestCashCow average of 10.50%. 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 York U.S. Bank Average
7.89% 11.55%

Bank of York has a Capitalization of 7.89% versus the BestCashCow average of 11.55. 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 York Balance Sheet Analysis

As of December 31, 2021, Bank of York had assets of $346,949,000, loans of $78,436,000, and deposits of $313,599,000. 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

December 31, 2021
ASSETS
Cash & Balances due from depository institutions $ 216.00 million
Interest-bearing balances $ 214.11 million
Total securities $ 44.31 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 78.44 million
Loan loss allowance $ 0.84 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 5.86 million
     Total Assets $ 319.57 million
LIABILITIES
Total deposits $ 313.60 million
      Interest-bearing deposits $ 208.32 million
      Deposits held in domestic offices $ 313.60 million
      % insured (estimated) 67.26%
Federal funds purchased and repurchase agreements $ 5.44 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.53 million
      Total Liabilities $ 319.57 million
      Shareholders’ Equity $ 27.38 million

Summary Income Statement

December 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 6.14 million
Total Interest Expense $ 0.17 million
Net interest income $ 5.97 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.97 million
Total non interest expense $ 5.47 million
Pre-tax Net Operating Income $ 1.47 million

Bank Loan Profile?

The top three loan types in Bank of York’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in South Carolina, Bank of York has a significantly higher percent of Credit Card Loans, Small Business 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 34.36
Multifamily
Mortgages
0.00
Credit Card Loans 1.05
Consumer Auto Loans 2.76
Small Business Loans 31.65
Construction and Development Loans 12.90
Commercial Real Estate 32.30
Commercial and Industrial Loans 10.25
Farm Loans 0.02

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