Barnes Banking Company

33 South Main Street
Kaysville, UT 84037

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 1252
Date Established 1891
Assets $0.71 billion
Loans $0.45 billion
Deposits $0.70 billion
Capital $0.01 billion

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.

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.

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.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.00
Multifamily
Mortgages
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

Savings Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Barnes Banking Company, but see these great savings and CD rates:


Loan Rates

Your Current Location: Virginia, VA 20146

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 - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 Learn More
PenFed Credit Union
NMLS ID: 401822
3.957% 3.875% 0.00 $2,500 $1,176 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Barnes Banking Company
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Branches

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:
Ashburn,Virginia


Barnes Banking Company Locations

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 BestCashCow.com 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% 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, 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%. 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
Barnes Banking Company U.S. Bank Average
-237.05% 8.58

Barnes Banking Company has a Return on Equity of -237.05% 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
Barnes Banking Company U.S. Bank Average
0.86% 12.11

Barnes Banking Company has a Capitalization of 0.86% 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.

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.

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?

Yes

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?

Products

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?

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