First Service Bank

Headquarters

134 South Broadview
Greenbrier, AR 72058
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.25% →
1-Year CD N.A. 0.80% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

First Service Bank is an FDIC insured institution located in Greenbrier, AR. It was founded in 1962 and has approximately $0.45 billion in assets. Customers can open an account at one of its 11 branches.

FDIC Insured Yes
FDIC Certificate # 18519
Date Established 1962
Assets $ 447.21 million
Loans $ 354.45 million
Deposits $ 394.68 million
Capital $ 49.63 million
 

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

Deposit Rates - September 23, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - September 23, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First Service 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 2021

Lender APR Rate (%) Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.359% 3.250%
0.88 points
$3,438 fees
$1,089 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to First Service Bank
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Branches

First Service 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


First Service Bank Locations


Financial Details

First Service Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Service 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
First Service Bank U.S. Bank Average
4.58% 5.29%

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, 2021, First Service Bank had $2,256,000 in non-current loans and $234,000 in owned real estate. To cover these potential losses it had $49,625,000 in equity and $4,707,000 in loans loss reserves. That gives it a Texas Ratio of 4.58%.

Return on Equity
First Service Bank U.S. Bank Average
17.58% 11.43%

First Service Bank has a Return on Equity of 17.58% versus the BestCashCow average of 11.43%. 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 Service Bank U.S. Bank Average
11.1% 11.51%

First Service Bank has a Capitalization of 11.1% versus the BestCashCow average of 11.51. 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 Service Bank Balance Sheet Analysis

As of March 31, 2021, First Service Bank had assets of $447,207,000, loans of $354,453,000, and deposits of $394,682,000. 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, 2021
ASSETS
Cash & Balances due from depository institutions $ 11.70 million
Interest-bearing balances $ 0.08 million
Total securities $ 40.79 million
Federal funds sold and reverse repurchase $ 17.68 million
Net loans and leases $ 354.45 million
Loan loss allowance $ 4.71 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.23 million
Goodwill and other intangibles N.A.
All other assets $ 10.87 million
     Total Assets $ 397.58 million
LIABILITIES
Total deposits $ 394.68 million
      Interest-bearing deposits $ 296.35 million
      Deposits held in domestic offices $ 394.68 million
      % insured (estimated) 59.92%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 0.23 million
Subordinated debt N.A.
All other liabilities $ 2.67 million
      Total Liabilities $ 397.58 million
      Shareholders’ Equity $ 49.63 million

Summary Income Statement

March 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 5.36 million
Total Interest Expense $ 0.74 million
Net interest income $ 4.62 million
Provision for loan and lease losses $ 0.18 million
Total non interest income $ 1.91 million
Total non interest expense $ 3.54 million
Pre-tax Net Operating Income $ 2.82 million

Bank Loan Profile?

The top three loan types in First Service Bank’s loan portfolio are Construction and Development Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in Arkansas, First Service Bank has a significantly higher percent of Construction and Development 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 21.45
Multifamily
Mortgages
2.30
Credit Card Loans 0.00
Consumer Auto Loans 0.14
Small Business Loans 0.00
Construction and Development Loans 27.98
Commercial Real Estate 23.66
Commercial and Industrial Loans 13.52
Farm Loans 1.20

Frequently Asked Questions About First Service Bank

Branches and Savings

Is First Service Bank FDIC insured?

Yes. It is covered under FDIC Certificate #18519.

Why does First Service Bank pay such low interest on savings accounts?

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

Why are First Service Bank CD rates not competitive?

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

Is First Service Bank a commercial bank?

Yes

Where are First Service Bank locations?

See branch locations nearby.

Is First Service Bank open on Saturdays?

Is First Service Bank open on Sundays?

What time does First Service Bank open?

What time does First Service Bank close?

Are First Service Bank ATMs Open 24/7?

Do First Service Bank ATMs accept cash deposits?

Can First Service Bank customers use other ATMs?

Do First Service Bank branches have notaries?

Will First Service Bank notarize my document?

What address for First Service Bank should I put for incoming ACH transfers?

Will the First Service Bank branch print checks?

Do First Service Bank checks expire?

Does First Service Bank require US citizenship to open account?

Can First Service Bank close my account?

Does First Service Bank Report to credit bureaus?

Does First Service Bank Use Equifax?

What is First Service Bank's ACH Routing Number?

What is First Service Bank's SWIFT code?

Products

Does First Service Bank offer mortgages?

Compare mortgage rates here.

Does First Service Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Service Bank offer personal loans?

Compare personal loan rates here.

Does First Service Bank offer student loans?

Will First Service Bank cash a check?

Will First Service Bank redeem a savings bond?

Does First Service Bank cash savings bonds?

Will First Service Bank cash money orders?

Can First Service Bank issue a money order?

Does First Service Bank do currency exchange?

Background on The Bank

Who owns First Service Bank?

How long has First Service Bank been around?

Can First Service Bank transfer to other banks?

Does First Service Bank have quick pay?

Does First Service Bank accept rolled coins?

Will First Service Bank accept loose change?

Where is First Service Bank headquarters?

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