BRANNEN BANK

320 Highway 41 South
Inverness, FL 34450

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 5676
Date Established 1926
Assets $0.50 billion
Loans $0.27 billion
Deposits $0.47 billion
Capital $0.03 billion

BRANNEN BANK is an FDIC insured institution located in Inverness, FL. It was founded in 1926 and has approximately $0.5 billion in assets. Customers can open an account at one of its 12 branches.

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

Compared to other banks in Florida, BRANNEN BANK has a significantly higher percent of 1-4 Family Residential 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 77.59
Multifamily
Mortgages
1.16
Credit Card Loans 0.00
Consumer Auto Loans 0.13
Small Business Loans 10.02
Construction and Development Loans 3.87
Commercial Real Estate 15.43
Commercial and Industrial Loans 0.78
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

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


Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for BRANNEN 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 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to BRANNEN BANK
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

BRANNEN 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


Brannen Bank Locations

Financial Details

BRANNEN BANK Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of BRANNEN 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
BRANNEN BANK U.S. Bank Average
10.61% 8.45

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, 2017, BRANNEN BANK had $3,724,000 in non-current loans and $260,000 in owned real estate. To cover these potential losses it had $34,777,000 in equity and $2,767,000 in loans loss reserves. That gives it a Texas Ratio of 10.61%. 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
BRANNEN BANK U.S. Bank Average
23.29% 8.58

BRANNEN BANK has a Return on Equity of 23.29% versus the BestCashCow average of 8.58. 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
BRANNEN BANK U.S. Bank Average
6.95% 12.11

BRANNEN BANK has a Capitalization of 6.95% versus the BestCashCow average of 12.11. 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.

BRANNEN BANK Balance Sheet Analysis

As of June 30, 2017, BRANNEN BANK had assets of $500,253,000, loans of $266,665,000, and deposits of $465,026,000. 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.

Frequently Asked Questions About BRANNEN BANK

Branches and Savings

Is BRANNEN BANK FDIC insured?

Yes. It is covered under FDIC Certificate #5676.

Why does BRANNEN BANK pay such low interest on savings accounts?

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

Why are BRANNEN BANK CD rates not competitive?

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

Is BRANNEN BANK a commercial bank?

Yes

Where are BRANNEN BANK locations?

See branch locations nearby.

Is BRANNEN BANK open on Saturdays?

Is BRANNEN BANK open on Sundays?

What time does BRANNEN BANK open?

What time does BRANNEN BANK close?

Are BRANNEN BANK ATMs Open 24/7?

Do BRANNEN BANK ATMs accept cash deposits?

Can BRANNEN BANK customers use other ATMs?

Do BRANNEN BANK branches have notaries?

Will BRANNEN BANK notarize my document?

What address for BRANNEN BANK should I put for incoming ACH transfers?

Will the BRANNEN BANK branch print checks?

Do BRANNEN BANK checks expire?

Does BRANNEN BANK require US citizenship to open account?

Can BRANNEN BANK close my account?

Does BRANNEN BANK Report to credit bureaus?

Does BRANNEN BANK Use Equifax?

What is BRANNEN BANK's ACH Routing Number?

What is BRANNEN BANK's SWIFT code?

Products

Does BRANNEN BANK offer mortgages?

Compare mortgage rates here.

Does BRANNEN BANK offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does BRANNEN BANK offer personal loans?

Compare personal loan rates here.

Does BRANNEN BANK offer student loans?

Will BRANNEN BANK cash a check?

Will BRANNEN BANK redeem a savings bond?

Does BRANNEN BANK cash savings bonds?

Will BRANNEN BANK cash money orders?

Can BRANNEN BANK issue a money order?

Does BRANNEN BANK do currency exchange?

Background on The Bank

Who owns BRANNEN BANK?

How long has BRANNEN BANK been around?

Can BRANNEN BANK transfer to other banks?

Does BRANNEN BANK have quick pay?

Does BRANNEN BANK accept rolled coins?

Will BRANNEN BANK accept loose change?

Where is BRANNEN BANK headquarters?

Customer Reviews for BRANNEN BANK

There are currently no comments for BRANNEN BANK. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →