Barnes Banking Company


33 South Main Street
Kaysville, UT 84037
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.75% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.25% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Barnes Banking Company is an FDIC insured institution located in Kaysville, UT. It was founded in 1891 and has approximately $0.71 billion in assets.

Barnes Banking Company, Kaysville, Utah, was closed January 15, 2010 by the Utah Department of Financial Institutions, which appointed Federal Deposit Insurance Corporation (FDIC) as receiver.

FDIC Insured Yes
FDIC Certificate # 1252
Date Established 1891
Assets $ 709.17 million
Loans $ 449.82 million
Deposits $ 697.11 million
Capital $ 6.13 million

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

Deposit Rates - October 22, 2021

Your Current Location: Connecticut, CT 06828


Loan Rates - October 22, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Barnes Banking Company

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

Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.948% 2.875%
1.00 points
$2,362 fees
$1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to Barnes Banking Company
To upload and update your bank's rates please register. It is free to register and add rates.


Barnes Banking Company 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:

Barnes Banking Company Locations

Climate Initiatives

Barnes Banking Company is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Barnes Banking Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Barnes Banking Company. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Barnes Banking Company U.S. Bank Average
225.8% 4.78%

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 June 30, 2021, Barnes Banking Company had $161,183,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $6,130,000 in equity and $65,252,000 in loans loss reserves. That gives it a Texas Ratio of 225.8%.

Return on Equity
Barnes Banking Company U.S. Bank Average
-237.05% 11.29%

Barnes Banking Company has a Return on Equity of -237.05% versus the BestCashCow average of 11.29%. 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.

Barnes Banking Company U.S. Bank Average
0.86% 11.72%

Barnes Banking Company has a Capitalization of 0.86% versus the BestCashCow average of 11.72. 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.

Barnes Banking Company Balance Sheet Analysis

As of November 30, -0001, Barnes Banking Company had assets of $709,171,000, loans of $449,819,000, and deposits of $697,109,000. 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

June 30, 2021
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 $ 449.82 million
Loan loss allowance $ 65.25 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 N.A.
     Total Assets N.A.
Total deposits $ 697.11 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 $ 709.17 million

Summary Income Statement

June 30, 2021
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 Barnes Banking Company’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Barnes Banking Company’s loan portfolio does not show any specific loan specialty.

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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Barnes Banking Company

Branches and Savings

Is Barnes Banking Company FDIC insured?

Yes. It is covered under FDIC Certificate #1252.

Why does Barnes Banking Company pay such low interest on savings accounts?

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

Why are Barnes Banking Company CD rates not competitive?

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

Is Barnes Banking Company a commercial bank?


Where are Barnes Banking Company locations?

See branch locations nearby.

Is Barnes Banking Company open on Saturdays?

Is Barnes Banking Company open on Sundays?

What time does Barnes Banking Company open?

What time does Barnes Banking Company close?

Are Barnes Banking Company ATMs Open 24/7?

Do Barnes Banking Company ATMs accept cash deposits?

Can Barnes Banking Company customers use other ATMs?

Do Barnes Banking Company branches have notaries?

Will Barnes Banking Company notarize my document?

What address for Barnes Banking Company should I put for incoming ACH transfers?

Will the Barnes Banking Company branch print checks?

Do Barnes Banking Company checks expire?

Does Barnes Banking Company require US citizenship to open account?

Can Barnes Banking Company close my account?

Does Barnes Banking Company Report to credit bureaus?

Does Barnes Banking Company Use Equifax?

What is Barnes Banking Company's ACH Routing Number?

What is Barnes Banking Company's SWIFT code?


Does Barnes Banking Company offer mortgages?

Compare mortgage rates here.

Does Barnes Banking Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Barnes Banking Company offer personal loans?

Compare personal loan rates here.

Does Barnes Banking Company offer student loans?

Will Barnes Banking Company cash a check?

Will Barnes Banking Company redeem a savings bond?

Does Barnes Banking Company cash savings bonds?

Will Barnes Banking Company cash money orders?

Can Barnes Banking Company issue a money order?

Does Barnes Banking Company do currency exchange?

Background on The Bank

Who owns Barnes Banking Company?

How long has Barnes Banking Company been around?

Can Barnes Banking Company transfer to other banks?

Does Barnes Banking Company have quick pay?

Does Barnes Banking Company accept rolled coins?

Will Barnes Banking Company accept loose change?

Where is Barnes Banking Company headquarters?

Customer Reviews for Barnes Banking Company

There are currently no comments for Barnes Banking Company. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →