DeWitt Bank & Trust Co.

815 Sixth Avenue
Dewitt, IA 52742

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 14705
Date Established 1933
Assets $0.17 billion
Loans $0.12 billion
Deposits $0.15 billion
Capital $0.02 billion

DeWitt Bank & Trust Co. is an FDIC insured institution located in Dewitt, IA. It was founded in 1933 and has approximately $0.17 billion in assets. Customers can open an account at one of its 2 branches.

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

Deposit Rates - August 24, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.50% $2,500 $24,999 Learn MoreShow Less
Money Market
0.70% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.90% $10,000 $99,999 Learn MoreShow Less
3 Mo CD
0.90% $100,000 - Learn MoreShow Less
6 Mo CD
0.90% $10,000 $99,999 Learn MoreShow Less
6 Mo CD
0.90% $100,000 - Learn MoreShow Less
12 Mo CD
1.00% $10,000 $99,999 Learn MoreShow Less
12 Mo CD
1.00% $100,000 - Learn MoreShow Less
18 Mo CD
1.10% $10,000 $99,999 Learn MoreShow Less
18 Mo CD
1.10% $100,000 - Learn MoreShow Less
24 Mo CD
1.20% $10,000 $99,999 Learn MoreShow Less
24 Mo CD
1.20% $100,000 - Learn MoreShow Less
30 Mo CD
1.30% $10,000 $99,999 Learn MoreShow Less
30 Mo CD
1.30% $100,000 - Learn MoreShow Less
36 Mo CD
1.40% $10,000 $99,999 Learn MoreShow Less
36 Mo CD
1.40% $100,000 - Learn MoreShow Less
48 Mo CD
1.65% $10,000 $99,999 Learn MoreShow Less
48 Mo CD
1.65% $100,000 - Learn MoreShow Less
60 Mo CD
1.65% $10,000 $99,999 Learn MoreShow Less
60 Mo CD
1.65% $100,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.85% $1,000 $9,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.20% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $10,000 $24,999 Learn MoreShow Less

Loan Rates - August 24, 2019

Your Current Location: Virginia, VA 20146

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

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.529% 3.500% 0.38 $898 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.240 %
$0 Learn More
More Info

Note to DeWitt Bank & Trust Co.
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Branches

DeWitt 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


DeWitt Bank & Trust Co. Locations


Financial Details

DeWitt Bank & Trust Co. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of DeWitt Bank & Trust Co.. 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
DeWitt Bank & Trust Co. U.S. Bank Average
4.01% 6.94%

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 March 31, 2019, DeWitt Bank & Trust Co. had $554,000 in non-current loans and $232,000 in owned real estate. To cover these potential losses it had $18,175,000 in equity and $1,422,000 in loans loss reserves. That gives it a Texas Ratio of 4.01%.

Return on Equity
DeWitt Bank & Trust Co. U.S. Bank Average
15.51% 9.47%

DeWitt Bank & Trust Co. has a Return on Equity of 15.51% versus the BestCashCow average of 9.47%. 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
DeWitt Bank & Trust Co. U.S. Bank Average
10.77% 12.49%

DeWitt Bank & Trust Co. has a Capitalization of 10.77% versus the BestCashCow average of 12.49. 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.

DeWitt Bank & Trust Co. Balance Sheet Analysis

As of March 31, 2019, DeWitt Bank & Trust Co. had assets of $168,745,000, loans of $124,401,000, and deposits of $146,676,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.03 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.12 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 $0.15 billion
LIABILITIES
Total deposits $0.15 billion
      Interest-bearing deposits $0.13 billion
      Deposits held in domestic offices $0.15 billion
      % insured (estimated) 75.43%
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 $0.15 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

March 31, 2019
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

Bank Loan Profile?

The top three loan types in DeWitt Bank & Trust Co.’s loan portfolio are Farm Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks, DeWitt Bank & Trust Co.’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 10.95
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 2.35
Small Business Loans 0.00
Construction and Development Loans 1.26
Commercial Real Estate 21.52
Commercial and Industrial Loans 11.86
Farm Loans 23.61

Frequently Asked Questions About Dewitt Bank & Trust Co.

Branches and Savings

Is Dewitt Bank & Trust Co. FDIC insured?

Yes. It is covered under FDIC Certificate #14705.

Why does Dewitt Bank & Trust Co. pay such low interest on savings accounts?

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

Why are Dewitt Bank & Trust Co. CD rates not competitive?

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

Is Dewitt Bank & Trust Co. a commercial bank?

Yes

Where are Dewitt Bank & Trust Co. locations?

See branch locations nearby.

Is Dewitt Bank & Trust Co. open on Saturdays?

Is Dewitt Bank & Trust Co. open on Sundays?

What time does Dewitt Bank & Trust Co. open?

What time does Dewitt Bank & Trust Co. close?

Are Dewitt Bank & Trust Co. ATMs Open 24/7?

Do Dewitt Bank & Trust Co. ATMs accept cash deposits?

Can Dewitt Bank & Trust Co. customers use other ATMs?

Do Dewitt Bank & Trust Co. branches have notaries?

Will Dewitt Bank & Trust Co. notarize my document?

What address for Dewitt Bank & Trust Co. should I put for incoming ACH transfers?

Will the Dewitt Bank & Trust Co. branch print checks?

Do Dewitt Bank & Trust Co. checks expire?

Does Dewitt Bank & Trust Co. require US citizenship to open account?

Can Dewitt Bank & Trust Co. close my account?

Does Dewitt Bank & Trust Co. Report to credit bureaus?

Does Dewitt Bank & Trust Co. Use Equifax?

What is Dewitt Bank & Trust Co.'s ACH Routing Number?

What is Dewitt Bank & Trust Co.'s SWIFT code?

Products

Does Dewitt Bank & Trust Co. offer mortgages?

Compare mortgage rates here.

Does Dewitt Bank & Trust Co. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Dewitt Bank & Trust Co. offer personal loans?

Compare personal loan rates here.

Does Dewitt Bank & Trust Co. offer student loans?

Will Dewitt Bank & Trust Co. cash a check?

Will Dewitt Bank & Trust Co. redeem a savings bond?

Does Dewitt Bank & Trust Co. cash savings bonds?

Will Dewitt Bank & Trust Co. cash money orders?

Can Dewitt Bank & Trust Co. issue a money order?

Does Dewitt Bank & Trust Co. do currency exchange?

Background on The Bank

Who owns Dewitt Bank & Trust Co.?

How long has Dewitt Bank & Trust Co. been around?

Can Dewitt Bank & Trust Co. transfer to other banks?

Does Dewitt Bank & Trust Co. have quick pay?

Does Dewitt Bank & Trust Co. accept rolled coins?

Will Dewitt Bank & Trust Co. accept loose change?

Where is Dewitt Bank & Trust Co. headquarters?

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