First National Bank in Howell

101 East Grand River Avenue
Howell, MI 48843

Notable Rates APY Vs.Others
Savings 0.02% 2.20% →
1-Year CD 1.75% 2.20% →
2-Year CD 0.25% 2.20% →
5-Year CD 0.65% 2.60% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2020 Overview

General Bank Information

First National Bank in Howell is an FDIC insured institution located in Howell, MI. It was founded in 1934 and has approximately $0.43 billion in assets. Customers can open an account at one of its 9 branches.

FDIC Insured Yes
FDIC Certificate # 14370
Date Established 1934
Assets $0.43 billion
Loans $0.35 billion
Deposits $0.36 billion
Capital $0.05 billion
 

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

Deposit Rates - February 16, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.03% $2,500 $24,999 Learn MoreShow Less
Money Market
0.05% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.05% $1,000 - Learn MoreShow Less
6 Mo CD
0.10% $1,000 - Learn MoreShow Less
Special: 6 Mo CD
1.50% $10,000 - Learn MoreShow Less
12 Mo CD
0.20% $1,000 - Learn MoreShow Less
Special: 12 Mo CD
1.75% $10,000 - Learn MoreShow Less
18 Mo CD
0.20% $1,000 - Learn MoreShow Less
24 Mo CD
0.25% $1,000 - Learn MoreShow Less
30 Mo CD
0.25% $1,000 - Learn MoreShow Less
36 Mo CD
0.35% $1,000 - Learn MoreShow Less
48 Mo CD
0.35% $1,000 - Learn MoreShow Less
60 Mo CD
0.65% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.20% $500 - Learn MoreShow Less
Special: 6 Mo FIRA
1.50% $2,000 - Learn MoreShow Less
Special: 12 Mo FIRA
1.75% $2,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $1,000 $9,999 Learn MoreShow Less

Loan Rates - February 16, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First National Bank in Howell

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
Quicken Loans NMLS #3030
NMLS ID: 3030
4.793% 4.750% 0.00 $1,250 $1,305 Learn More
Rocket Mortgage
NMLS ID: 3030
4.668% 4.625% 0.00 $1,250 $1,286 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.378% 3.375% 0.00 $92 $1,106 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

Note to First National Bank in Howell
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Branches

First National Bank in Howell 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


First National Bank in Howell Locations


Financial Details

First National Bank in Howell Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First National Bank in Howell. 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
First National Bank in Howell U.S. Bank Average
3.05% 6.70%

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 September 30, 2019, First National Bank in Howell had $1,736,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $50,764,000 in equity and $6,062,000 in loans loss reserves. That gives it a Texas Ratio of 3.05%.

Return on Equity
First National Bank in Howell U.S. Bank Average
11.94% 9.72%

First National Bank in Howell has a Return on Equity of 11.94% versus the BestCashCow average of 9.72%. 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
First National Bank in Howell U.S. Bank Average
11.78% 12.89%

First National Bank in Howell has a Capitalization of 11.78% versus the BestCashCow average of 12.89. 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.

First National Bank in Howell Balance Sheet Analysis

As of September 30, 2019, First National Bank in Howell had assets of $430,911,000, loans of $352,028,000, and deposits of $363,180,000. 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

September 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.01 billion
Total securities $0.04 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.35 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 $0.00 billion
All other assets $0.02 billion
     Total Assets $0.38 billion
LIABILITIES
Total deposits $0.36 billion
      Interest-bearing deposits $0.29 billion
      Deposits held in domestic offices $0.36 billion
      % insured (estimated) 83.49%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.02 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.38 billion
      Shareholders’ Equity $0.05 billion

Summary Income Statement

September 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.01 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 First National Bank in Howell’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Consumer Auto Loans.

Compared to other banks in Michigan, First National Bank in Howell has a significantly higher percent of Multifamily Mortgages, Consumer Auto 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 20.55
Multifamily
Mortgages
5.88
Credit Card Loans 0.00
Consumer Auto Loans 9.37
Small Business Loans 0.00
Construction and Development Loans 6.69
Commercial Real Estate 38.58
Commercial and Industrial Loans 7.00
Farm Loans 0.00

Frequently Asked Questions About First National Bank In Howell

Branches and Savings

Is First National Bank In Howell FDIC insured?

Yes. It is covered under FDIC Certificate #14370.

Why does First National Bank In Howell pay such low interest on savings accounts?

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

Why are First National Bank In Howell CD rates not competitive?

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

Is First National Bank In Howell a commercial bank?

Yes

Where are First National Bank In Howell locations?

See branch locations nearby.

Is First National Bank In Howell open on Saturdays?

Is First National Bank In Howell open on Sundays?

What time does First National Bank In Howell open?

What time does First National Bank In Howell close?

Are First National Bank In Howell ATMs Open 24/7?

Do First National Bank In Howell ATMs accept cash deposits?

Can First National Bank In Howell customers use other ATMs?

Do First National Bank In Howell branches have notaries?

Will First National Bank In Howell notarize my document?

What address for First National Bank In Howell should I put for incoming ACH transfers?

Will the First National Bank In Howell branch print checks?

Do First National Bank In Howell checks expire?

Does First National Bank In Howell require US citizenship to open account?

Can First National Bank In Howell close my account?

Does First National Bank In Howell Report to credit bureaus?

Does First National Bank In Howell Use Equifax?

What is First National Bank In Howell's ACH Routing Number?

What is First National Bank In Howell's SWIFT code?

Products

Does First National Bank In Howell offer mortgages?

Compare mortgage rates here.

Does First National Bank In Howell offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First National Bank In Howell offer personal loans?

Compare personal loan rates here.

Does First National Bank In Howell offer student loans?

Will First National Bank In Howell cash a check?

Will First National Bank In Howell redeem a savings bond?

Does First National Bank In Howell cash savings bonds?

Will First National Bank In Howell cash money orders?

Can First National Bank In Howell issue a money order?

Does First National Bank In Howell do currency exchange?

Background on The Bank

Who owns First National Bank In Howell?

How long has First National Bank In Howell been around?

Can First National Bank In Howell transfer to other banks?

Does First National Bank In Howell have quick pay?

Does First National Bank In Howell accept rolled coins?

Will First National Bank In Howell accept loose change?

Where is First National Bank In Howell headquarters?

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