48 North Washington Street
Bloomfield, IN 47424


General Bank Information

FDIC Insured Yes
FDIC Certificate # 15714
Date Established 1873
Assets $0.39 billion
Loans $0.26 billion
Deposits $0.31 billion
Capital $0.04 billion

BloomBank is an FDIC insured institution located in Bloomfield, IN. It was founded in 1873 and has approximately $0.39 billion in assets. Customers can open an account at one of its 14 branches.

For a more detailed analysis of BloomBank'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 BloomBank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Indiana, BloomBank has a significantly higher percent of Multifamily Mortgages, Small Business Loans, Construction and Development Loans, Commercial Real Estate 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 32.28
Credit Card Loans 0.00
Consumer Auto Loans 0.56
Small Business Loans 18.81
Construction and Development Loans 10.11
Commercial Real Estate 38.86
Commercial and Industrial Loans 8.36
Farm Loans 0.17

Savings Rates

Your Current Location: Virginia, VA 20146

3 Mo CD 10K 0.05% $1,000 $99,999 Learn MoreShow Less
3 Mo CD 100K 0.20% $100,000 - Learn MoreShow Less
6 Mo CD 10K 0.11% $1,000 $99,999 Learn MoreShow Less
6 Mo CD 100K 0.26% $100,000 - Learn MoreShow Less
12 Mo CD 10K 0.16% $500 $99,999 Learn MoreShow Less
12 Mo CD 100K 0.31% $100,000 - Learn MoreShow Less
Special: 13 Mo CD 0.40% $5,000 $99,999 Learn MoreShow Less
24 Mo CD 10K 0.31% $500 $99,999 Learn MoreShow Less
24 Mo CD 100K 0.46% $100,000 - Learn MoreShow Less
30 Mo CD 10K 0.31% $500 $99,999 Learn MoreShow Less
36 Mo CD 10K 0.41% $500 $99,999 Learn MoreShow Less
36 Mo CD 100K 0.56% $100,000 - Learn MoreShow Less
Special: 42 Mo CD 0.71% $500 $99,999 Learn MoreShow Less
48 Mo CD 10K 0.56% $500 $99,999 Learn MoreShow Less
48 Mo CD 100K 0.71% $100,000 - Learn MoreShow Less
60 Mo CD 10K 0.72% $500 $99,999 Learn MoreShow Less
60 Mo CD 100K 0.87% $100,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K 0.03% $1 - Learn MoreShow Less
Fixed IRA 0K 0.31% $100 - Learn MoreShow Less
MM 2.5K 0.01% $2,500 $10,000 Learn MoreShow Less
MM 10K 0.01% $10,001 $25,000 Learn MoreShow Less
MM 25K 0.05% $25,001 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K 0.01% $1,001 $5,000 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

BestCashCow tracks mortgage, home equity, and auto loan rates. In the future, we will be adding other loan products. Please contact the lender for questions about their loan products.

Auto Loan Rates APR Rate Monthly Payment
3 Year 3.15% 3.15% $728.68 Learn MoreShow Less
5 Year 3.25% 3.25% $452.00 Learn MoreShow Less

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.


BloomBank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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Bloombank Locations

Financial Details

BloomBank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of BloomBank. 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
BloomBank U.S. Bank Average
12.3% 9.04%

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 December 31, 2016, BloomBank had $2,289,000 in non-current loans and $3,440,000 in owned real estate. To cover these potential losses it had $42,862,000 in equity and $3,701,000 in loans loss reserves. That gives it a Texas Ratio of 12.3%. 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
BloomBank U.S. Bank Average
6.02% 8.42%

BloomBank has a Return on Equity of 6.02% versus the BestCashCow average of 8.42%. 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.

BloomBank U.S. Bank Average
11.13% 11.86%

BloomBank has a Capitalization of 11.13% versus the BestCashCow average of 11.86%. 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.

BloomBank Balance Sheet Analysis

As of December 31, 2016, BloomBank had assets of $385,168,000, loans of $259,293,000, and deposits of $312,402,000. 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.

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