First State Bank of Harvey

700 Lincoln Avenue
Harvey, ND 58341

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 8383
Date Established 1913
Assets $0.08 billion
Loans $0.03 billion
Deposits $0.08 billion
Capital $0.01 billion

First State Bank of Harvey is an FDIC insured institution located in Harvey, ND. It was founded in 1913 and has approximately $0.08 billion in assets. Customers can open an account at one of its 2 branches.

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

Bank Loan Profile?

The top three loan types in First State Bank of Harvey’s loan portfolio are Farm Loans, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in North Dakota, First State Bank of Harvey has a significantly higher percent of Credit Card 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 15.22
Multifamily
Mortgages
1.55
Credit Card Loans 0.63
Consumer Auto Loans 4.35
Small Business Loans 0.45
Construction and Development Loans 0.65
Commercial Real Estate 3.47
Commercial and Industrial Loans 9.69
Farm Loans 40.28

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.35% $1,000 - Learn MoreShow Less
6 Mo CD 10K
0.40% $1,000 - Learn MoreShow Less
12 Mo CD 10K
0.60% $1,000 - Learn MoreShow Less
18 Mo CD 10K
0.65% $1,000 - Learn MoreShow Less
Special: 24 Mo CD
0.80% $1,000 - Learn MoreShow Less
24 Mo CD 10K
0.80% $1,000 - Learn MoreShow Less
30 Mo CD 10K
1.00% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.20% $5 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.65% $100 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.10% $2,500 $9,999 Learn MoreShow Less
MM 10K
0.15% $10,000 $24,999 Learn MoreShow Less
MM 25K
0.20% $25,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.10% $800 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First State Bank of Harvey

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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Ally Mortgage
NMLS ID: 181005
4.524% 4.500% 0.00 $786 $1,267 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.275% 4.250% -0.13 $862 $1,230 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.040% 4.990% 0.25 $1,424 $1,341 Learn More
Rocket Mortgage
NMLS ID: 3030
5.040% 4.990% 0.25 $1,424 $1,341 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.740% $231.27 Learn More

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

Branches

First State Bank of Harvey 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 State Bank of Harvey Locations

Financial Details

First State Bank of Harvey Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First State Bank of Harvey. 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 State Bank of Harvey U.S. Bank Average
2.54% 8.32%

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, 2017, First State Bank of Harvey had $231,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $8,730,000 in equity and $375,000 in loans loss reserves. That gives it a Texas Ratio of 2.54%.

Return on Equity
First State Bank of Harvey U.S. Bank Average
10.2% 8.84%

First State Bank of Harvey has a Return on Equity of 10.2% versus the BestCashCow average of 8.84%. 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 State Bank of Harvey U.S. Bank Average
10.32% 12.21%

First State Bank of Harvey has a Capitalization of 10.32% versus the BestCashCow average of 12.21. 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 State Bank of Harvey Balance Sheet Analysis

As of September 30, 2017, First State Bank of Harvey had assets of $84,609,000, loans of $27,266,000, and deposits of $75,516,000. 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.

Frequently Asked Questions About First State Bank Of Harvey

Branches and Savings

Is First State Bank Of Harvey FDIC insured?

Yes. It is covered under FDIC Certificate #8383.

Why does First State Bank Of Harvey pay such low interest on savings accounts?

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

Why are First State Bank Of Harvey CD rates not competitive?

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

Is First State Bank Of Harvey a commercial bank?

Yes

Where are First State Bank Of Harvey locations?

See branch locations nearby.

Is First State Bank Of Harvey open on Saturdays?

Is First State Bank Of Harvey open on Sundays?

What time does First State Bank Of Harvey open?

What time does First State Bank Of Harvey close?

Are First State Bank Of Harvey ATMs Open 24/7?

Do First State Bank Of Harvey ATMs accept cash deposits?

Can First State Bank Of Harvey customers use other ATMs?

Do First State Bank Of Harvey branches have notaries?

Will First State Bank Of Harvey notarize my document?

What address for First State Bank Of Harvey should I put for incoming ACH transfers?

Will the First State Bank Of Harvey branch print checks?

Do First State Bank Of Harvey checks expire?

Does First State Bank Of Harvey require US citizenship to open account?

Can First State Bank Of Harvey close my account?

Does First State Bank Of Harvey Report to credit bureaus?

Does First State Bank Of Harvey Use Equifax?

What is First State Bank Of Harvey's ACH Routing Number?

What is First State Bank Of Harvey's SWIFT code?

Products

Does First State Bank Of Harvey offer mortgages?

Compare mortgage rates here.

Does First State Bank Of Harvey offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First State Bank Of Harvey offer personal loans?

Compare personal loan rates here.

Does First State Bank Of Harvey offer student loans?

Will First State Bank Of Harvey cash a check?

Will First State Bank Of Harvey redeem a savings bond?

Does First State Bank Of Harvey cash savings bonds?

Will First State Bank Of Harvey cash money orders?

Can First State Bank Of Harvey issue a money order?

Does First State Bank Of Harvey do currency exchange?

Background on The Bank

Who owns First State Bank Of Harvey?

How long has First State Bank Of Harvey been around?

Can First State Bank Of Harvey transfer to other banks?

Does First State Bank Of Harvey have quick pay?

Does First State Bank Of Harvey accept rolled coins?

Will First State Bank Of Harvey accept loose change?

Where is First State Bank Of Harvey headquarters?

Customer Reviews for First State Bank of Harvey

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

Add Your Review

Rate it here →