Bonanza Valley State Bank

First Street And Central Avenue
Brooten, MN 56316

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 10993
Date Established 1894
Assets $0.07 billion
Loans $0.05 billion
Deposits $0.06 billion
Capital $0.01 billion

Bonanza Valley State Bank is an FDIC insured institution located in Brooten, MN. It was founded in 1894 and has approximately $0.07 billion in assets.

For a more detailed analysis of Bonanza Valley State 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 Bonanza Valley State Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Farm Loans.

Compared to other banks, Bonanza Valley State 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 37.50
Multifamily
Mortgages
0.04
Credit Card Loans 0.00
Consumer Auto Loans 1.24
Small Business Loans 7.40
Construction and Development Loans 1.66
Commercial Real Estate 7.40
Commercial and Industrial Loans 15.88
Farm Loans 13.35

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.35% $500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.65% $1 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.20% $1,000 $24,999 Learn MoreShow Less
MM 25K
0.25% $25,000 $74,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.15% $1,000 $10,000 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bonanza Valley State 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

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
License#: MC-2462
4.556% 4.500% 0.13 $1,632 $1,267 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
4.564% 4.500% 0.25 $1,878 $1,267 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.325% 4.250% 0.50 $2,337 $1,230 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 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 Bonanza Valley State Bank
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Branches

Bonanza Valley State 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


Bonanza Valley State Bank Locations

Financial Details

Bonanza Valley State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bonanza Valley State 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
Bonanza Valley State Bank U.S. Bank Average
2.87% 8.32%

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 September 30, 2017, Bonanza Valley State Bank had $179,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $5,811,000 in equity and $428,000 in loans loss reserves. That gives it a Texas Ratio of 2.87%.

Return on Equity
Bonanza Valley State Bank U.S. Bank Average
13.12% 8.84%

Bonanza Valley State Bank has a Return on Equity of 13.12% versus the BestCashCow average of 8.84%. 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
Bonanza Valley State Bank U.S. Bank Average
8.85% 12.21%

Bonanza Valley State Bank has a Capitalization of 8.85% versus the BestCashCow average of 12.21. 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.

Bonanza Valley State Bank Balance Sheet Analysis

As of December 31, 2017, Bonanza Valley State Bank had assets of $65,625,000, loans of $48,212,000, and deposits of $57,213,000. 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 $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.05 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 $0.06 billion
LIABILITIES
Total deposits $0.06 billion
      Interest-bearing deposits $0.06 billion
      Deposits held in domestic offices $0.06 billion
      % insured (estimated) 73.26%
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 $0.06 billion
      Shareholders’ Equity $0.01 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 Bonanza Valley State Bank

Branches and Savings

Is Bonanza Valley State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #10993.

Why does Bonanza Valley State Bank pay such low interest on savings accounts?

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

Why are Bonanza Valley State Bank CD rates not competitive?

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

Is Bonanza Valley State Bank a commercial bank?

Yes

Where are Bonanza Valley State Bank locations?

See branch locations nearby.

Is Bonanza Valley State Bank open on Saturdays?

Is Bonanza Valley State Bank open on Sundays?

What time does Bonanza Valley State Bank open?

What time does Bonanza Valley State Bank close?

Are Bonanza Valley State Bank ATMs Open 24/7?

Do Bonanza Valley State Bank ATMs accept cash deposits?

Can Bonanza Valley State Bank customers use other ATMs?

Do Bonanza Valley State Bank branches have notaries?

Will Bonanza Valley State Bank notarize my document?

What address for Bonanza Valley State Bank should I put for incoming ACH transfers?

Will the Bonanza Valley State Bank branch print checks?

Do Bonanza Valley State Bank checks expire?

Does Bonanza Valley State Bank require US citizenship to open account?

Can Bonanza Valley State Bank close my account?

Does Bonanza Valley State Bank Report to credit bureaus?

Does Bonanza Valley State Bank Use Equifax?

What is Bonanza Valley State Bank's ACH Routing Number?

What is Bonanza Valley State Bank's SWIFT code?

Products

Does Bonanza Valley State Bank offer mortgages?

Compare mortgage rates here.

Does Bonanza Valley State Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bonanza Valley State Bank offer personal loans?

Compare personal loan rates here.

Does Bonanza Valley State Bank offer student loans?

Will Bonanza Valley State Bank cash a check?

Will Bonanza Valley State Bank redeem a savings bond?

Does Bonanza Valley State Bank cash savings bonds?

Will Bonanza Valley State Bank cash money orders?

Can Bonanza Valley State Bank issue a money order?

Does Bonanza Valley State Bank do currency exchange?

Background on The Bank

Who owns Bonanza Valley State Bank?

How long has Bonanza Valley State Bank been around?

Can Bonanza Valley State Bank transfer to other banks?

Does Bonanza Valley State Bank have quick pay?

Does Bonanza Valley State Bank accept rolled coins?

Will Bonanza Valley State Bank accept loose change?

Where is Bonanza Valley State Bank headquarters?

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