Extraco Banks, National Association

Headquarters

18-20 South Main Street
Temple, TX 76501
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.91% →
1-Year CD 0.55% 0.85% →
2-Year CD 0.70% 0.95% →
5-Year CD 0.90% 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Extraco Banks, National Association is an FDIC insured institution located in Temple, TX. It was founded in 1933 and has approximately $1.54 billion in assets. Customers can open an account at one of its 23 branches.

FDIC Insured Yes
FDIC Certificate # 5551
Date Established 1933
Assets $ 1,541.01 million
Loans $ 993.42 million
Deposits $ 1,235.59 million
Capital $ 162.40 million
 

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

Deposit Rates - November 24, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.15% $10,000 $14,999 Learn More
3 Mo CD
0.15% $100,000 $199,999 Learn More
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.55% $10,000 $14,999 Learn More
12 Mo CD
0.55% $100,000 $199,999 Learn More
18 Mo CD
0.65% $10,000 $14,999 Learn More
18 Mo CD
0.65% $100,000 $199,999 Learn More
24 Mo CD
0.70% $10,000 $14,999 Learn More
24 Mo CD
0.70% $100,000 $199,999 Learn More
30 Mo CD
0.75% $10,000 $14,999 Learn More
30 Mo CD
0.75% $100,000 $199,999 Learn More
36 Mo CD
0.90% $10,000 $14,999 Learn More
36 Mo CD
0.90% $100,000 $199,999 Learn More
48 Mo CD
0.90% $10,000 $14,999 Learn More
48 Mo CD
0.90% $100,000 $199,999 Learn More
60 Mo CD
0.90% $10,000 $14,999 Learn More
60 Mo CD
0.90% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $99 Learn MoreShow Less
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - November 24, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Extraco Banks, National Association

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
First Internet Bank
NMLS ID: 424182
2.561% 2.500% 0.75 $2,008 $988 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.683% 2.625% 0.50 $1,885 $1,005 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
See Table
2.240 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.500 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to Extraco Banks, National Association
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Extraco Banks, National Association 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


Extraco Banks, National Association Locations


Financial Details

Extraco Banks, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Extraco Banks, National Association. 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
Extraco Banks, National Association U.S. Bank Average
0.18% 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, Extraco Banks, National Association had $338,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $162,397,000 in equity and $24,152,000 in loans loss reserves. That gives it a Texas Ratio of 0.18%.

Return on Equity
Extraco Banks, National Association U.S. Bank Average
7.76% 7.80%

Extraco Banks, National Association has a Return on Equity of 7.76% 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
Extraco Banks, National Association U.S. Bank Average
10.54% 12.68%

Extraco Banks, National Association has a Capitalization of 10.54% 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.

Extraco Banks, National Association Balance Sheet Analysis

As of March 31, 2020, Extraco Banks, National Association had assets of $1,541,005,000, loans of $993,417,000, and deposits of $1,235,592,000. 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 $ 180.01 million
Interest-bearing balances $ 125.38 million
Total securities $ 327.42 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 993.42 million
Loan loss allowance $ 24.15 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.43 million
All other assets $ 15.14 million
     Total Assets $ 1,378.61 million
LIABILITIES
Total deposits $ 1,235.59 million
      Interest-bearing deposits $ 885.26 million
      Deposits held in domestic offices $ 1,235.59 million
      % insured (estimated) 82.81%
Federal funds purchased and repurchase agreements $ 92.93 million
Trading liabilities N.A.
Other borrowed funds $ 45.45 million
Subordinated debt N.A.
All other liabilities $ 4.63 million
      Total Liabilities $ 1,378.61 million
      Shareholders’ Equity $ 162.40 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 14.29 million
Total Interest Expense $ 2.01 million
Net interest income $ 12.28 million
Provision for loan and lease losses $ 0.95 million
Total non interest income $ 4.36 million
Total non interest expense $ 12.56 million
Pre-tax Net Operating Income $ 3.14 million

Bank Loan Profile?

The top three loan types in Extraco Banks, National Association’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Construction and Development Loans.

Compared to other banks in Texas, Extraco Banks, National Association has a significantly higher percent of Consumer Auto Loans, 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 31.29
Multifamily
Mortgages
2.43
Credit Card Loans 0.00
Consumer Auto Loans 10.11
Small Business Loans 7.53
Construction and Development Loans 12.22
Commercial Real Estate 34.61
Commercial and Industrial Loans 3.67
Farm Loans 0.29

Frequently Asked Questions About Extraco Banks, National Association

Branches and Savings

Is Extraco Banks, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #5551.

Why does Extraco Banks, National Association pay such low interest on savings accounts?

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

Why are Extraco Banks, National Association CD rates not competitive?

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

Is Extraco Banks, National Association a commercial bank?

Yes

Where are Extraco Banks, National Association locations?

See branch locations nearby.

Is Extraco Banks, National Association open on Saturdays?

Is Extraco Banks, National Association open on Sundays?

What time does Extraco Banks, National Association open?

What time does Extraco Banks, National Association close?

Are Extraco Banks, National Association ATMs Open 24/7?

Do Extraco Banks, National Association ATMs accept cash deposits?

Can Extraco Banks, National Association customers use other ATMs?

Do Extraco Banks, National Association branches have notaries?

Will Extraco Banks, National Association notarize my document?

What address for Extraco Banks, National Association should I put for incoming ACH transfers?

Will the Extraco Banks, National Association branch print checks?

Do Extraco Banks, National Association checks expire?

Does Extraco Banks, National Association require US citizenship to open account?

Can Extraco Banks, National Association close my account?

Does Extraco Banks, National Association Report to credit bureaus?

Does Extraco Banks, National Association Use Equifax?

What is Extraco Banks, National Association's ACH Routing Number?

What is Extraco Banks, National Association's SWIFT code?

Products

Does Extraco Banks, National Association offer mortgages?

Compare mortgage rates here.

Does Extraco Banks, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Extraco Banks, National Association offer personal loans?

Compare personal loan rates here.

Does Extraco Banks, National Association offer student loans?

Will Extraco Banks, National Association cash a check?

Will Extraco Banks, National Association redeem a savings bond?

Does Extraco Banks, National Association cash savings bonds?

Will Extraco Banks, National Association cash money orders?

Can Extraco Banks, National Association issue a money order?

Does Extraco Banks, National Association do currency exchange?

Background on The Bank

Who owns Extraco Banks, National Association?

How long has Extraco Banks, National Association been around?

Can Extraco Banks, National Association transfer to other banks?

Does Extraco Banks, National Association have quick pay?

Does Extraco Banks, National Association accept rolled coins?

Will Extraco Banks, National Association accept loose change?

Where is Extraco Banks, National Association headquarters?

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