Exchange Bank of Fairfax

Headquarters

110 E Main St
Fairfax, MO 64446
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Exchange Bank of Fairfax is an FDIC insured institution located in Fairfax, MO. It was founded in 1892 and has approximately $0.02 billion in assets.

FDIC Insured Yes
FDIC Certificate # 8563
Date Established 1892
Assets $ 15.43 million
Loans $ 3.22 million
Deposits $ 12.95 million
Capital $ 2.39 million
 

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

Deposit Rates - September 24, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 24, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Exchange Bank of Fairfax

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

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,128 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

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

Branches

Exchange Bank of Fairfax 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


Exchange Bank of Fairfax Locations


Financial Details

Exchange Bank of Fairfax Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Exchange Bank of Fairfax. 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
Exchange Bank of Fairfax U.S. Bank Average
0.81% 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, Exchange Bank of Fairfax had $20,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $2,392,000 in equity and $91,000 in loans loss reserves. That gives it a Texas Ratio of 0.81%.

Return on Equity
Exchange Bank of Fairfax U.S. Bank Average
4% 7.80%

Exchange Bank of Fairfax has a Return on Equity of 4% 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
Exchange Bank of Fairfax U.S. Bank Average
15.5% 12.68%

Exchange Bank of Fairfax has a Capitalization of 15.5% 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.

Exchange Bank of Fairfax Balance Sheet Analysis

As of November 30, -0001, Exchange Bank of Fairfax had assets of $15,433,000, loans of $3,224,000, and deposits of $12,948,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 3.22 million
Loan loss allowance $ 0.09 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 12.95 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 15.43 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Exchange Bank of Fairfax’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Exchange Bank of Fairfax’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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Exchange Bank Of Fairfax

Branches and Savings

Is Exchange Bank Of Fairfax FDIC insured?

Yes. It is covered under FDIC Certificate #8563.

Why does Exchange Bank Of Fairfax pay such low interest on savings accounts?

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

Why are Exchange Bank Of Fairfax CD rates not competitive?

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

Is Exchange Bank Of Fairfax a commercial bank?

Yes

Where are Exchange Bank Of Fairfax locations?

See branch locations nearby.

Is Exchange Bank Of Fairfax open on Saturdays?

Is Exchange Bank Of Fairfax open on Sundays?

What time does Exchange Bank Of Fairfax open?

What time does Exchange Bank Of Fairfax close?

Are Exchange Bank Of Fairfax ATMs Open 24/7?

Do Exchange Bank Of Fairfax ATMs accept cash deposits?

Can Exchange Bank Of Fairfax customers use other ATMs?

Do Exchange Bank Of Fairfax branches have notaries?

Will Exchange Bank Of Fairfax notarize my document?

What address for Exchange Bank Of Fairfax should I put for incoming ACH transfers?

Will the Exchange Bank Of Fairfax branch print checks?

Do Exchange Bank Of Fairfax checks expire?

Does Exchange Bank Of Fairfax require US citizenship to open account?

Can Exchange Bank Of Fairfax close my account?

Does Exchange Bank Of Fairfax Report to credit bureaus?

Does Exchange Bank Of Fairfax Use Equifax?

What is Exchange Bank Of Fairfax's ACH Routing Number?

What is Exchange Bank Of Fairfax's SWIFT code?

Products

Does Exchange Bank Of Fairfax offer mortgages?

Compare mortgage rates here.

Does Exchange Bank Of Fairfax offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Exchange Bank Of Fairfax offer personal loans?

Compare personal loan rates here.

Does Exchange Bank Of Fairfax offer student loans?

Will Exchange Bank Of Fairfax cash a check?

Will Exchange Bank Of Fairfax redeem a savings bond?

Does Exchange Bank Of Fairfax cash savings bonds?

Will Exchange Bank Of Fairfax cash money orders?

Can Exchange Bank Of Fairfax issue a money order?

Does Exchange Bank Of Fairfax do currency exchange?

Background on The Bank

Who owns Exchange Bank Of Fairfax?

How long has Exchange Bank Of Fairfax been around?

Can Exchange Bank Of Fairfax transfer to other banks?

Does Exchange Bank Of Fairfax have quick pay?

Does Exchange Bank Of Fairfax accept rolled coins?

Will Exchange Bank Of Fairfax accept loose change?

Where is Exchange Bank Of Fairfax headquarters?

Customer Reviews for Exchange Bank of Fairfax

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

Add Your Review

Rate it here →