Entegra Bank

Headquarters

50 West Main Street
Franklin, NC 28734
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.60% →
1-Year CD N.A. 1.55% →
2-Year CD N.A. 1.45% →
5-Year CD N.A. 1.66% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Entegra Bank is an FDIC insured institution located in Franklin, NC. It was founded in 1922 and has approximately $1.7 billion in assets. Customers can open an account at one of its 18 branches.

FDIC Insured Yes
FDIC Certificate # 31445
Date Established 1922
Assets $ 1,702.69 million
Loans $ 1,075.41 million
Deposits $ 1,284.58 million
Capital $ 192.47 million
 

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 - June 2, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - June 2, 2020

Your Current Location: Connecticut, CT 06828

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 - Connecticut 30 Year Fixed Mortgage Rates 2020

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.019% 3.000% 0.25 $625 $1,055 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More

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

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:
Fairfield,Connecticut


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
Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Entegra Bank U.S. Bank Average
3.59% 6.51%

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 December 31, 2019, Entegra Bank had $4,270,000 in non-current loans and $3,088,000 in owned real estate. To cover these potential losses it had $192,468,000 in equity and $12,309,000 in loans loss reserves. That gives it a Texas Ratio of 3.59%.

Return on Equity
Entegra Bank U.S. Bank Average
7.59% 9.41%

Entegra Bank has a Return on Equity of 7.59% versus the BestCashCow average of 9.41%. 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
11.3% 12.82%

Entegra Bank has a Capitalization of 11.3% versus the BestCashCow average of 12.82. 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 September 30, 2019, Entegra Bank had assets of $1,702,692,000, loans of $1,075,414,000, and deposits of $1,284,579,000. 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

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 144.50 million
Interest-bearing balances $ 126.83 million
Total securities $ 356.27 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,075.41 million
Loan loss allowance $ 12.31 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 3.09 million
Goodwill and other intangibles $ 29.48 million
All other assets $ 68.12 million
     Total Assets $ 1,510.22 million
LIABILITIES
Total deposits $ 1,284.58 million
      Interest-bearing deposits $ 1,073.22 million
      Deposits held in domestic offices $ 1,284.58 million
      % insured (estimated) 73.12%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 210.35 million
Subordinated debt N.A.
All other liabilities $ 15.30 million
      Total Liabilities $ 1,510.22 million
      Shareholders’ Equity $ 192.47 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 50.35 million
Total Interest Expense $ 14.24 million
Net interest income $ 36.11 million
Provision for loan and lease losses $ 0.25 million
Total non interest income $ 7.70 million
Total non interest expense $ 30.81 million
Pre-tax Net Operating Income $ 12.75 million

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, Entegra Bank’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 36.06
Multifamily
Mortgages
3.31
Credit Card Loans 0.00
Consumer Auto Loans 0.25
Small Business Loans 16.97
Construction and Development Loans 15.23
Commercial Real Estate 41.05
Commercial and Industrial Loans 2.83
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?

Customer Reviews for Entegra Bank

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

Add Your Review

Rate it here →