Bank Star of the BootHeel

Headquarters

101 West Main Street
Steele, MO 63877
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.10% →
1-Year CD N.A. 1.10% →
2-Year CD N.A. 1.15% →
5-Year CD N.A. 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Bank Star of the BootHeel is an FDIC insured institution located in Steele, MO. It was founded in 1904 and has approximately $0.1 billion in assets.

FDIC Insured Yes
FDIC Certificate # 10629
Date Established 1904
Assets $ 93.65 million
Loans $ 71.67 million
Deposits $ 84.40 million
Capital $ 8.72 million
 

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

Deposit Rates - August 7, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - August 7, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank Star of the BootHeel

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




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Note to Bank Star of the BootHeel
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Branches

Bank Star of the BootHeel 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 Star of the BootHeel Locations


Financial Details

Bank Star of the BootHeel Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank Star of the BootHeel. 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 Star of the BootHeel U.S. Bank Average
0.93% 6.94%

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 March 31, 2020, Bank Star of the BootHeel had $49,000 in non-current loans and $40,000 in owned real estate. To cover these potential losses it had $8,715,000 in equity and $883,000 in loans loss reserves. That gives it a Texas Ratio of 0.93%.

Return on Equity
Bank Star of the BootHeel U.S. Bank Average
6.56% 7.80%

Bank Star of the BootHeel has a Return on Equity of 6.56% versus the BestCashCow average of 7.80%. 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 Star of the BootHeel U.S. Bank Average
9.31% 12.68%

Bank Star of the BootHeel has a Capitalization of 9.31% versus the BestCashCow average of 12.68. 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 Star of the BootHeel Balance Sheet Analysis

As of March 31, 2015, Bank Star of the BootHeel had assets of $98,296,000, loans of $71,668,000, and deposits of $84,403,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 71.67 million
Loan loss allowance $ 0.88 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.04 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 84.40 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 93.65 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Bank Star of the BootHeel’s loan portfolio are 1-4 Family Residential Loans, Farm Loans, and Small Business Loans.

Compared to other banks in Missouri, Bank Star of the BootHeel has a significantly higher percent of Small Business Loans, Farm 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 36.75
Multifamily
Mortgages
2.83
Credit Card Loans 0.00
Consumer Auto Loans 2.88
Small Business Loans 11.58
Construction and Development Loans 0.85
Commercial Real Estate 11.58
Commercial and Industrial Loans 4.58
Farm Loans 20.37

Frequently Asked Questions About Bank Star Of The Bootheel

Branches and Savings

Is Bank Star Of The Bootheel FDIC insured?

Yes. It is covered under FDIC Certificate #10629.

Why does Bank Star Of The Bootheel pay such low interest on savings accounts?

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

Why are Bank Star Of The Bootheel CD rates not competitive?

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

Is Bank Star Of The Bootheel a commercial bank?

Yes

Where are Bank Star Of The Bootheel locations?

See branch locations nearby.

Is Bank Star Of The Bootheel open on Saturdays?

Is Bank Star Of The Bootheel open on Sundays?

What time does Bank Star Of The Bootheel open?

What time does Bank Star Of The Bootheel close?

Are Bank Star Of The Bootheel ATMs Open 24/7?

Do Bank Star Of The Bootheel ATMs accept cash deposits?

Can Bank Star Of The Bootheel customers use other ATMs?

Do Bank Star Of The Bootheel branches have notaries?

Will Bank Star Of The Bootheel notarize my document?

What address for Bank Star Of The Bootheel should I put for incoming ACH transfers?

Will the Bank Star Of The Bootheel branch print checks?

Do Bank Star Of The Bootheel checks expire?

Does Bank Star Of The Bootheel require US citizenship to open account?

Can Bank Star Of The Bootheel close my account?

Does Bank Star Of The Bootheel Report to credit bureaus?

Does Bank Star Of The Bootheel Use Equifax?

What is Bank Star Of The Bootheel's ACH Routing Number?

What is Bank Star Of The Bootheel's SWIFT code?

Products

Does Bank Star Of The Bootheel offer mortgages?

Compare mortgage rates here.

Does Bank Star Of The Bootheel offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank Star Of The Bootheel offer personal loans?

Compare personal loan rates here.

Does Bank Star Of The Bootheel offer student loans?

Will Bank Star Of The Bootheel cash a check?

Will Bank Star Of The Bootheel redeem a savings bond?

Does Bank Star Of The Bootheel cash savings bonds?

Will Bank Star Of The Bootheel cash money orders?

Can Bank Star Of The Bootheel issue a money order?

Does Bank Star Of The Bootheel do currency exchange?

Background on The Bank

Who owns Bank Star Of The Bootheel?

How long has Bank Star Of The Bootheel been around?

Can Bank Star Of The Bootheel transfer to other banks?

Does Bank Star Of The Bootheel have quick pay?

Does Bank Star Of The Bootheel accept rolled coins?

Will Bank Star Of The Bootheel accept loose change?

Where is Bank Star Of The Bootheel headquarters?

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