Bristol Morgan Bank

Headquarters

103 South Main Street
Oakfield, WI 53065
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.05% →
1-Year CD 0.50% 1.05% →
2-Year CD 0.60% 1.11% →
5-Year CD 1.00% 1.56% →
30-Year Mortgage N.A. 2.88% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Bristol Morgan Bank is an FDIC insured institution located in Oakfield, WI. It was founded in 1901 and has approximately $0.11 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 9523
Date Established 1901
Assets $ 105.09 million
Loans $ 77.68 million
Deposits $ 83.60 million
Capital $ 11.47 million
 

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

Deposit Rates - August 14, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.05% $10,000 $14,999 Learn More
Money Market
0.07% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.35% $10,000 $14,999 Learn More
3 Mo CD
0.35% $100,000 $199,999 Learn More
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.40% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
18 Mo CD
0.55% $10,000 $14,999 Learn More
18 Mo CD
0.55% $100,000 $199,999 Learn More
24 Mo CD
0.60% $10,000 $14,999 Learn More
24 Mo CD
0.60% $100,000 $199,999 Learn More
36 Mo CD
0.75% $10,000 $14,999 Learn More
36 Mo CD
0.75% $100,000 $199,999 Learn More
48 Mo CD
0.85% $10,000 $14,999 Learn More
48 Mo CD
0.85% $100,000 $199,999 Learn More
60 Mo CD
1.00% $10,000 $14,999 Learn More
60 Mo CD
1.00% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.01% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 14, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bristol Morgan 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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.914% 2.875% 0.50 $1,250 $1,038 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More
1Rate, Inc
NMLS ID: 1948084
License#: MC-7051
2.970% 2.900% 0.88 $2,264 $1,041 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
3.500 %
$25,000 Learn More
More Info

Note to Bristol Morgan Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Bristol Morgan 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


Bristol Morgan Bank Locations


Financial Details

Bristol Morgan Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bristol Morgan 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
Bristol Morgan Bank U.S. Bank Average
1.22% 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, Bristol Morgan Bank had $78,000 in non-current loans and $70,000 in owned real estate. To cover these potential losses it had $11,472,000 in equity and $694,000 in loans loss reserves. That gives it a Texas Ratio of 1.22%.

Return on Equity
Bristol Morgan Bank U.S. Bank Average
0.03% 7.80%

Bristol Morgan Bank has a Return on Equity of 0.03% 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
Bristol Morgan Bank U.S. Bank Average
10.92% 12.68%

Bristol Morgan Bank has a Capitalization of 10.92% 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.

Bristol Morgan Bank Balance Sheet Analysis

As of March 31, 2020, Bristol Morgan Bank had assets of $105,093,000, loans of $77,682,000, and deposits of $83,599,000. 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 $ 6.56 million
Interest-bearing balances $ 3.90 million
Total securities $ 13.86 million
Federal funds sold and reverse repurchase $ 0.47 million
Net loans and leases $ 77.68 million
Loan loss allowance $ 0.69 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.07 million
Goodwill and other intangibles $ 0.07 million
All other assets $ 3.24 million
     Total Assets $ 93.62 million
LIABILITIES
Total deposits $ 83.60 million
      Interest-bearing deposits $ 70.79 million
      Deposits held in domestic offices $ 83.60 million
      % insured (estimated) 88.83%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 9.50 million
Subordinated debt N.A.
All other liabilities $ 0.52 million
      Total Liabilities $ 93.62 million
      Shareholders’ Equity $ 11.47 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.09 million
Total Interest Expense $ 0.26 million
Net interest income $ 0.83 million
Provision for loan and lease losses $ 0.08 million
Total non interest income $ 0.15 million
Total non interest expense $ 0.96 million
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Bristol Morgan Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Wisconsin, Bristol Morgan Bank has a significantly higher percent of Consumer Auto Loans, 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 34.85
Multifamily
Mortgages
3.20
Credit Card Loans 0.44
Consumer Auto Loans 2.80
Small Business Loans 0.00
Construction and Development Loans 13.78
Commercial Real Estate 20.44
Commercial and Industrial Loans 12.79
Farm Loans 1.66

Frequently Asked Questions About Bristol Morgan Bank

Branches and Savings

Is Bristol Morgan Bank FDIC insured?

Yes. It is covered under FDIC Certificate #9523.

Why does Bristol Morgan Bank pay such low interest on savings accounts?

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

Why are Bristol Morgan Bank CD rates not competitive?

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

Is Bristol Morgan Bank a commercial bank?

Yes

Where are Bristol Morgan Bank locations?

See branch locations nearby.

Is Bristol Morgan Bank open on Saturdays?

Is Bristol Morgan Bank open on Sundays?

What time does Bristol Morgan Bank open?

What time does Bristol Morgan Bank close?

Are Bristol Morgan Bank ATMs Open 24/7?

Do Bristol Morgan Bank ATMs accept cash deposits?

Can Bristol Morgan Bank customers use other ATMs?

Do Bristol Morgan Bank branches have notaries?

Will Bristol Morgan Bank notarize my document?

What address for Bristol Morgan Bank should I put for incoming ACH transfers?

Will the Bristol Morgan Bank branch print checks?

Do Bristol Morgan Bank checks expire?

Does Bristol Morgan Bank require US citizenship to open account?

Can Bristol Morgan Bank close my account?

Does Bristol Morgan Bank Report to credit bureaus?

Does Bristol Morgan Bank Use Equifax?

What is Bristol Morgan Bank's ACH Routing Number?

What is Bristol Morgan Bank's SWIFT code?

Products

Does Bristol Morgan Bank offer mortgages?

Compare mortgage rates here.

Does Bristol Morgan Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bristol Morgan Bank offer personal loans?

Compare personal loan rates here.

Does Bristol Morgan Bank offer student loans?

Will Bristol Morgan Bank cash a check?

Will Bristol Morgan Bank redeem a savings bond?

Does Bristol Morgan Bank cash savings bonds?

Will Bristol Morgan Bank cash money orders?

Can Bristol Morgan Bank issue a money order?

Does Bristol Morgan Bank do currency exchange?

Background on The Bank

Who owns Bristol Morgan Bank?

How long has Bristol Morgan Bank been around?

Can Bristol Morgan Bank transfer to other banks?

Does Bristol Morgan Bank have quick pay?

Does Bristol Morgan Bank accept rolled coins?

Will Bristol Morgan Bank accept loose change?

Where is Bristol Morgan Bank headquarters?

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