Beal Bank USA

Headquarters

1970 Village Center Circle, Ste 1
Las Vegas, NV 89134
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Beal Bank USA is an FDIC insured institution located in Las Vegas, NV. It was founded in 2004 and has approximately $6.68 billion in assets. Customers can open an account at one of its 24 branches.

FDIC Insured Yes
FDIC Certificate # 57833
Date Established 2004
Assets $ 6.68 billion
Loans $ 4.06 billion
Deposits $ 3.81 billion
Capital $ 2.11 billion
 

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

Deposit Rates - September 28, 2020

Your Current Location: Washington, WA 98109


Loan Rates - September 28, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Beal Bank USA

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




Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
2.815% 2.750% 0.88 $2,110 $1,021 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to Beal Bank USA
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Branches

Beal Bank USA 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:
Seattle,Washington


Beal Bank USA Locations


Financial Details

Beal Bank USA Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Beal Bank USA. 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
Beal Bank USA U.S. Bank Average
59.23% 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, Beal Bank USA had $1,261,459,000 in non-current loans and $14,225,000 in owned real estate. To cover these potential losses it had $2,112,890,000 in equity and $41,036,000 in loans loss reserves. That gives it a Texas Ratio of 59.23%.

Return on Equity
Beal Bank USA U.S. Bank Average
-0.69% 7.80%

Beal Bank USA has a Return on Equity of -0.69% 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
Beal Bank USA U.S. Bank Average
31.62% 12.68%

Beal Bank USA has a Capitalization of 31.62% 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.

Beal Bank USA Balance Sheet Analysis

As of March 31, 2020, Beal Bank USA had assets of $6,681,372,000, loans of $4,060,946,000, and deposits of $3,814,730,000. 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 $ 568.88 million
Interest-bearing balances $ 531.97 million
Total securities $ 1,440.73 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 4.06 billion
Loan loss allowance $ 41.04 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 14.23 million
Goodwill and other intangibles N.A.
All other assets $ 595.68 million
     Total Assets $ 4.57 billion
LIABILITIES
Total deposits $ 3.81 billion
      Interest-bearing deposits $ 3.67 billion
      Deposits held in domestic offices $ 3.81 billion
      % insured (estimated) 66.18%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 463.20 million
Subordinated debt N.A.
All other liabilities $ 290.55 million
      Total Liabilities $ 4.57 billion
      Shareholders’ Equity $ 2.11 billion

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 81.51 million
Total Interest Expense $ 14.47 million
Net interest income $ 67.04 million
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense $ 39.51 million
Pre-tax Net Operating Income $ 14.39 million

Bank Loan Profile?

The top three loan types in Beal Bank USA’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in Nevada, Beal Bank USA has a significantly higher percent of Commercial and Industrial 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 3.68
Multifamily
Mortgages
0.09
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.32
Construction and Development Loans 2.87
Commercial Real Estate 25.59
Commercial and Industrial Loans 68.78
Farm Loans 0.00

Frequently Asked Questions About Beal Bank Usa

Branches and Savings

Is Beal Bank Usa FDIC insured?

Yes. It is covered under FDIC Certificate #57833.

Why does Beal Bank Usa pay such low interest on savings accounts?

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

Why are Beal Bank Usa CD rates not competitive?

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

Is Beal Bank Usa a commercial bank?

Yes

Where are Beal Bank Usa locations?

See branch locations nearby.

Is Beal Bank Usa open on Saturdays?

Is Beal Bank Usa open on Sundays?

What time does Beal Bank Usa open?

What time does Beal Bank Usa close?

Are Beal Bank Usa ATMs Open 24/7?

Do Beal Bank Usa ATMs accept cash deposits?

Can Beal Bank Usa customers use other ATMs?

Do Beal Bank Usa branches have notaries?

Will Beal Bank Usa notarize my document?

What address for Beal Bank Usa should I put for incoming ACH transfers?

Will the Beal Bank Usa branch print checks?

Do Beal Bank Usa checks expire?

Does Beal Bank Usa require US citizenship to open account?

Can Beal Bank Usa close my account?

Does Beal Bank Usa Report to credit bureaus?

Does Beal Bank Usa Use Equifax?

What is Beal Bank Usa's ACH Routing Number?

What is Beal Bank Usa's SWIFT code?

Products

Does Beal Bank Usa offer mortgages?

Compare mortgage rates here.

Does Beal Bank Usa offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Beal Bank Usa offer personal loans?

Compare personal loan rates here.

Does Beal Bank Usa offer student loans?

Will Beal Bank Usa cash a check?

Will Beal Bank Usa redeem a savings bond?

Does Beal Bank Usa cash savings bonds?

Will Beal Bank Usa cash money orders?

Can Beal Bank Usa issue a money order?

Does Beal Bank Usa do currency exchange?

Background on The Bank

Who owns Beal Bank Usa?

How long has Beal Bank Usa been around?

Can Beal Bank Usa transfer to other banks?

Does Beal Bank Usa have quick pay?

Does Beal Bank Usa accept rolled coins?

Will Beal Bank Usa accept loose change?

Where is Beal Bank Usa headquarters?

Customer Reviews for Beal Bank USA


  • July 02, 2019 |

    I recently bought a Beal Bank cd through my stock broker. It matured about a week ago. I never received any interest on it.

  • December 11, 2018 |

    Good service.

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