Boone Bank & Trust Co.

716 Eighth Street
Boone, IA 50036

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 33552
Date Established 1992
Assets $0.13 billion
Loans $0.06 billion
Deposits $0.10 billion
Capital $0.02 billion

Boone Bank & Trust Co. is an FDIC insured institution located in Boone, IA. It was founded in 1992 and has approximately $0.13 billion in assets. Customers can open an account via one of its 2 branches.

For a more detailed analysis of Boone Bank & Trust Co.'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 Boone Bank & Trust Co.’s loan portfolio are Farm Loans, 1-4 Family Residential Loans, and Commercial Real Estate.

Compared to other banks in Iowa, Boone Bank & Trust Co. has a significantly higher percent of Construction and Development 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 17.72
Multifamily
Mortgages
0.02
Credit Card Loans 0.00
Consumer Auto Loans 0.46
Small Business Loans 5.14
Construction and Development Loans 12.31
Commercial Real Estate 13.18
Commercial and Industrial Loans 12.27
Farm Loans 23.84

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K 0.10% $10,000 $24,999 Learn MoreShow Less
6 Mo CD 10K 0.15% $10,000 $24,999 Learn MoreShow Less
12 Mo CD 10K 0.30% $10,000 $24,999 Learn MoreShow Less
18 Mo CD 10K 0.40% $10,000 $24,999 Learn MoreShow Less
24 Mo CD 10K 0.45% $10,000 $24,999 Learn MoreShow Less
36 Mo CD 10K 0.55% $10,000 $24,999 Learn MoreShow Less
48 Mo CD 10K 0.70% $10,000 $24,999 Learn MoreShow Less
60 Mo CD 10K 1.00% $10,000 $24,999 Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K 0.10% $100 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K 0.30% $1,000 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K 0.10% $2,500 $24,999 Learn MoreShow Less
MM 25K 0.15% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K 0.05% $500 $2,499 Learn MoreShow Less
Int Ckg 2.5K 0.05% $2,500 $4,999 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.

There are currently no rates available for Boone Bank & Trust Co.

We're working to get rates for every bank in the world. Please bare with us until we are able to get rates for this bank.

Back to Boone Bank & Trust Co.

Note to Boone Bank & Trust Co.
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Boone Bank & Trust Co. 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


Boone Bank & Trust Co. Locations

Financial Details

Boone Bank & Trust Co. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Boone Bank & Trust Co.. The data is provided by the FDIC. Please remember that all banks listed on BestCashCow.com are FDIC insured while all credit unions are similarly insured by the NCUA. No depositor has ever lost money while their funds have been insured by the FDIC or NCUA.

Texas Ratio
Boone Bank & Trust Co. U.S. Bank Average
0.44% 9.11%

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, 2016, Boone Bank & Trust Co. had $6,000 in non-current loans and $65,000 in owned real estate. To cover these potential losses it had $15,119,000 in equity and $870,000 in loans loss reserves. That gives it a Texas Ratio of 0.44%. 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
Boone Bank & Trust Co. U.S. Bank Average
12.87% 9.45%

Boone Bank & Trust Co. has a Return on Equity of 12.87% versus the BestCashCow average of 9.45%. 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
Boone Bank & Trust Co. U.S. Bank Average
11.29% 11.28%

Boone Bank & Trust Co. has a Capitalization of 11.29% versus the BestCashCow average of 11.28%. 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.

Boone Bank & Trust Co. Balance Sheet Analysis

As of June 30, 2016, Boone Bank & Trust Co. had assets of $133,912,000, loans of $57,160,000, and deposits of $103,494,000. 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.

Customer Reviews for Boone Bank & Trust Co.

There are currently no comments for Boone Bank & Trust Co.. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →