Entegra Bank

50 West Main Street
Franklin, NC 28734

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 31445
Date Established 1922
Assets $1.67 billion
Loans $1.08 billion
Deposits $1.25 billion
Capital $0.19 billion

Entegra Bank is an FDIC insured institution located in Franklin, NC. It was founded in 1922 and has approximately $1.67 billion in assets. Customers can open an account at one of its 18 branches.

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

Deposit Rates - August 21, 2019

Your Current Location: Washington, WA 98101

Savings and Money Market Rates APY MIN MAX
Money Market
0.10% $1,000 $24,999 Learn MoreShow Less
Money Market
0.15% $25,000 $49,999 Learn MoreShow Less
Premium Money Market Account
2.02% $10,000 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.25% $1,000 - Learn MoreShow Less
6 Mo CD
0.30% $1,000 $24,999 Learn MoreShow Less
6 Mo CD
0.30% $50,000 - Learn MoreShow Less
Special: 11 Mo CD
1.51% $1,000 - Learn MoreShow Less
12 Mo CD
0.41% $1,000 $24,999 Learn MoreShow Less
12 Mo CD
0.41% $50,000 - Learn MoreShow Less
24 Mo CD
0.60% $1,000 - Learn MoreShow Less
36 Mo CD
2.02% $1,000 - Learn MoreShow Less
Special: 39 Mo CD
1.77% $1,000 - Learn MoreShow Less
48 Mo CD
1.16% $1,000 - Learn MoreShow Less
60 Mo CD
1.77% $1,000 - Learn MoreShow Less
Special: 66 Mo CD
1.87% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
0.60% $100 $24,999 Learn MoreShow Less
Special: 11 Mo FIRA
1.51% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1,000 - Learn MoreShow Less

Loan Rates - August 21, 2019

Your Current Location: Washington, WA 98101

There are currently no loan rates available for Entegra Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
3.527% 3.500% 0.38 $852 $1,123 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to Entegra Bank
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Branches

Entegra 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:
Seattle,Washington


Entegra Bank Locations


Financial Details

Entegra Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Entegra 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
Entegra Bank U.S. Bank Average
3.62% 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, Entegra Bank had $4,906,000 in non-current loans and $2,256,000 in owned real estate. To cover these potential losses it had $185,823,000 in equity and $12,043,000 in loans loss reserves. That gives it a Texas Ratio of 3.62%.

Return on Equity
Entegra Bank U.S. Bank Average
8.9% 9.47%

Entegra Bank has a Return on Equity of 8.9% 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
Entegra Bank U.S. Bank Average
11.14% 12.49%

Entegra Bank has a Capitalization of 11.14% 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.

Entegra Bank Balance Sheet Analysis

As of March 31, 2019, Entegra Bank had assets of $1,668,416,000, loans of $1,077,002,000, and deposits of $1,250,735,000. 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 $0.10 billion
Interest-bearing balances $0.08 billion
Total securities $0.36 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $1.08 billion
Loan loss allowance $0.01 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 $0.03 billion
All other assets $0.07 billion
     Total Assets $1.48 billion
LIABILITIES
Total deposits $1.25 billion
      Interest-bearing deposits $1.06 billion
      Deposits held in domestic offices $1.25 billion
      % insured (estimated) 73.61%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.22 billion
Subordinated debt $0.00 billion
All other liabilities $0.01 billion
      Total Liabilities $1.48 billion
      Shareholders’ Equity $0.19 billion

Summary Income Statement

March 31, 2019
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in Entegra Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in North Carolina, Entegra Bank has a significantly higher percent of Small Business 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 35.26
Multifamily
Mortgages
3.57
Credit Card Loans 0.00
Consumer Auto Loans 0.25
Small Business Loans 16.49
Construction and Development Loans 13.93
Commercial Real Estate 42.41
Commercial and Industrial Loans 3.30
Farm Loans 0.05

Frequently Asked Questions About Entegra Bank

Branches and Savings

Is Entegra Bank FDIC insured?

Yes. It is covered under FDIC Certificate #31445.

Why does Entegra Bank pay such low interest on savings accounts?

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

Why are Entegra Bank CD rates not competitive?

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

Is Entegra Bank a commercial bank?

Yes

Where are Entegra Bank locations?

See branch locations nearby.

Is Entegra Bank open on Saturdays?

Is Entegra Bank open on Sundays?

What time does Entegra Bank open?

What time does Entegra Bank close?

Are Entegra Bank ATMs Open 24/7?

Do Entegra Bank ATMs accept cash deposits?

Can Entegra Bank customers use other ATMs?

Do Entegra Bank branches have notaries?

Will Entegra Bank notarize my document?

What address for Entegra Bank should I put for incoming ACH transfers?

Will the Entegra Bank branch print checks?

Do Entegra Bank checks expire?

Does Entegra Bank require US citizenship to open account?

Can Entegra Bank close my account?

Does Entegra Bank Report to credit bureaus?

Does Entegra Bank Use Equifax?

What is Entegra Bank's ACH Routing Number?

What is Entegra Bank's SWIFT code?

Products

Does Entegra Bank offer mortgages?

Compare mortgage rates here.

Does Entegra Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Entegra Bank offer personal loans?

Compare personal loan rates here.

Does Entegra Bank offer student loans?

Will Entegra Bank cash a check?

Will Entegra Bank redeem a savings bond?

Does Entegra Bank cash savings bonds?

Will Entegra Bank cash money orders?

Can Entegra Bank issue a money order?

Does Entegra Bank do currency exchange?

Background on The Bank

Who owns Entegra Bank?

How long has Entegra Bank been around?

Can Entegra Bank transfer to other banks?

Does Entegra Bank have quick pay?

Does Entegra Bank accept rolled coins?

Will Entegra Bank accept loose change?

Where is Entegra Bank headquarters?

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