Bayside Savings Bank

202 Marina Drive
Port Saint Joe, FL 32457

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57669
Date Established 2003
Assets $0.07 billion
Loans $0.04 billion
Deposits $0.06 billion
Capital $0.00 billion

Bayside Savings Bank is an FDIC insured institution located in Port Saint Joe, FL. It was founded in 2003 and has approximately $0.06 billion in assets.

Bayside Savings Bank, Port Saint Joe, Florida was closed July 30, 2010 by federal and state banking agencies, which then appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC entered into purchase and assumption agreements with Centennial Bank, Conway, Arkansas, to assume all the deposits and essentially all the assets.

For a more detailed analysis of Bayside Savings Bank'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 Bayside Savings Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Bayside Savings Bank’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

Deposit Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Bayside Savings Bank, but see these great savings and CD rates:

Advertiser Disclosure

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bayside Savings Bank

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 2018

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Payment
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AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.412% 4.375% 0.00 $1,210 $1,249 Learn More
PenFed Credit Union
NMLS ID: 401822
4.585% 4.500% 0.00 $2,500 $1,267 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More
Rocket Mortgage
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.990% $238.42 Learn More
Flagstar Bank 5.490% $283.58 Learn More

Note to Bayside Savings Bank
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Branches

Bayside Savings Bank 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


Bayside Savings Bank Locations

Financial Details

Bayside Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bayside Savings Bank. 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
Bayside Savings Bank U.S. Bank Average
163.22% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2018, Bayside Savings Bank had $3,062,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $1,082,000 in equity and $794,000 in loans loss reserves. That gives it a Texas Ratio of 163.22%.

Return on Equity
Bayside Savings Bank U.S. Bank Average
-59.17% 9.35%

Bayside Savings Bank has a Return on Equity of -59.17% versus the BestCashCow average of 9.35%. 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
Bayside Savings Bank U.S. Bank Average
1.53% 12.01%

Bayside Savings Bank has a Capitalization of 1.53% versus the BestCashCow average of 12.01. 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.

Bayside Savings Bank Balance Sheet Analysis

As of November 30, -0001, Bayside Savings Bank had assets of $64,344,000, loans of $41,809,000, and deposits of $58,688,000. 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

ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.04 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.00 billion
LIABILITIES
Total deposits $0.06 billion
      Interest-bearing deposits $0.00 billion
      Deposits held in domestic offices $0.00 billion
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.00 billion
      Shareholders’ Equity $0.07 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Bayside Savings Bank

Branches and Savings

Is Bayside Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57669.

Why does Bayside Savings Bank pay such low interest on savings accounts?

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

Why are Bayside Savings Bank CD rates not competitive?

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

Is Bayside Savings Bank a commercial bank?

Yes

Where are Bayside Savings Bank locations?

See branch locations nearby.

Is Bayside Savings Bank open on Saturdays?

Is Bayside Savings Bank open on Sundays?

What time does Bayside Savings Bank open?

What time does Bayside Savings Bank close?

Are Bayside Savings Bank ATMs Open 24/7?

Do Bayside Savings Bank ATMs accept cash deposits?

Can Bayside Savings Bank customers use other ATMs?

Do Bayside Savings Bank branches have notaries?

Will Bayside Savings Bank notarize my document?

What address for Bayside Savings Bank should I put for incoming ACH transfers?

Will the Bayside Savings Bank branch print checks?

Do Bayside Savings Bank checks expire?

Does Bayside Savings Bank require US citizenship to open account?

Can Bayside Savings Bank close my account?

Does Bayside Savings Bank Report to credit bureaus?

Does Bayside Savings Bank Use Equifax?

What is Bayside Savings Bank's ACH Routing Number?

What is Bayside Savings Bank's SWIFT code?

Products

Does Bayside Savings Bank offer mortgages?

Compare mortgage rates here.

Does Bayside Savings Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bayside Savings Bank offer personal loans?

Compare personal loan rates here.

Does Bayside Savings Bank offer student loans?

Will Bayside Savings Bank cash a check?

Will Bayside Savings Bank redeem a savings bond?

Does Bayside Savings Bank cash savings bonds?

Will Bayside Savings Bank cash money orders?

Can Bayside Savings Bank issue a money order?

Does Bayside Savings Bank do currency exchange?

Background on The Bank

Who owns Bayside Savings Bank?

How long has Bayside Savings Bank been around?

Can Bayside Savings Bank transfer to other banks?

Does Bayside Savings Bank have quick pay?

Does Bayside Savings Bank accept rolled coins?

Will Bayside Savings Bank accept loose change?

Where is Bayside Savings Bank headquarters?

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