First State Bank of Warren

Headquarters

104 S Main Street
Warren, AR 71671
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.25% →
1-Year CD 0.35% 0.70% →
2-Year CD 0.60% 0.75% →
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 State Bank of Warren is an FDIC insured institution located in Warren, AR. It was founded in 1890 and has approximately $0.12 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 94
Date Established 1890
Assets $ 122.17 million
Loans $ 51.39 million
Deposits $ 108.82 million
Capital $ 13.10 million
 

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

Deposit Rates - June 12, 2021

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.35% $2,500 $2,999 Learn More
Money Market
0.35% $10,000 $14,999 Learn More
Money Market
0.35% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.35% $100,000 $199,999 Learn More
12 Mo CD
0.25% $10,000 $14,999 Learn More
12 Mo CD
0.35% $100,000 $199,999 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.60% $100,000 $199,999 Learn More
36 Mo CD
0.50% $10,000 $14,999 Learn More
36 Mo CD
0.60% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.25% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - June 12, 2021

Your Current Location: Virginia, VA 20146

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

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 2021

Lender APR Rate (%) Monthly
Payment
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Beeline Loans, Inc.
NMLS ID: 1799947
2.758% 2.750%
0.13 points
$248 fees
$1,021 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.678% 2.625%
0.75 points
$1,732 fees
$1,005 Learn More

Featured - Virginia 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
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Third Federal Savings and Loan
Third Federal Savings and Loan
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2.240 %
$0 Learn More
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BMO Harris Bank
BMO Harris Bank
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Intro APR 1.990 %
After Intro: 4.840 %
Intro Period: 12 months
$0 Learn More
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Note to First State Bank of Warren
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Branches

First State Bank of Warren 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 Warren Locations


Financial Details

First State Bank of Warren Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First State Bank of Warren. 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 Warren U.S. Bank Average
2.43% 5.49%

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 December 31, 2020, First State Bank of Warren had $186,000 in non-current loans and $148,000 in owned real estate. To cover these potential losses it had $13,099,000 in equity and $625,000 in loans loss reserves. That gives it a Texas Ratio of 2.43%.

Return on Equity
First State Bank of Warren U.S. Bank Average
1.96% 9.24%

First State Bank of Warren has a Return on Equity of 1.96% versus the BestCashCow average of 9.24%. 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 Warren U.S. Bank Average
10.72% 11.96%

First State Bank of Warren has a Capitalization of 10.72% versus the BestCashCow average of 11.96. 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 Warren Balance Sheet Analysis

As of December 31, 2020, First State Bank of Warren had assets of $122,171,000, loans of $51,386,000, and deposits of $108,822,000. 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

December 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 11.00 million
Interest-bearing balances $ 9.46 million
Total securities $ 54.95 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 51.39 million
Loan loss allowance $ 0.63 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.15 million
Goodwill and other intangibles N.A.
All other assets $ 3.72 million
     Total Assets $ 109.07 million
LIABILITIES
Total deposits $ 108.82 million
      Interest-bearing deposits $ 81.18 million
      Deposits held in domestic offices $ 108.82 million
      % insured (estimated) 70.17%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.25 million
      Total Liabilities $ 109.07 million
      Shareholders’ Equity $ 13.10 million

Summary Income Statement

December 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 3.42 million
Total Interest Expense $ 0.55 million
Net interest income $ 2.87 million
Provision for loan and lease losses $ 0.10 million
Total non interest income $ 0.53 million
Total non interest expense $ 3.09 million
Pre-tax Net Operating Income $ 0.21 million

Bank Loan Profile?

The top three loan types in First State Bank of Warren’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Arkansas, First State Bank of Warren has a significantly higher percent of Small Business Loans, Commercial and Industrial 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 10.30
Multifamily
Mortgages
0.33
Credit Card Loans 0.00
Consumer Auto Loans 0.63
Small Business Loans 20.80
Construction and Development Loans 1.22
Commercial Real Estate 20.80
Commercial and Industrial Loans 53.70
Farm Loans 2.77

Frequently Asked Questions About First State Bank Of Warren

Branches and Savings

Is First State Bank Of Warren FDIC insured?

Yes. It is covered under FDIC Certificate #94.

Why does First State Bank Of Warren 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 Warren CD rates not competitive?

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

Is First State Bank Of Warren a commercial bank?

Yes

Where are First State Bank Of Warren locations?

See branch locations nearby.

Is First State Bank Of Warren open on Saturdays?

Is First State Bank Of Warren open on Sundays?

What time does First State Bank Of Warren open?

What time does First State Bank Of Warren close?

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

Do First State Bank Of Warren ATMs accept cash deposits?

Can First State Bank Of Warren customers use other ATMs?

Do First State Bank Of Warren branches have notaries?

Will First State Bank Of Warren notarize my document?

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

Will the First State Bank Of Warren branch print checks?

Do First State Bank Of Warren checks expire?

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

Can First State Bank Of Warren close my account?

Does First State Bank Of Warren Report to credit bureaus?

Does First State Bank Of Warren Use Equifax?

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

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

Products

Does First State Bank Of Warren offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does First State Bank Of Warren offer personal loans?

Compare personal loan rates here.

Does First State Bank Of Warren offer student loans?

Will First State Bank Of Warren cash a check?

Will First State Bank Of Warren redeem a savings bond?

Does First State Bank Of Warren cash savings bonds?

Will First State Bank Of Warren cash money orders?

Can First State Bank Of Warren issue a money order?

Does First State Bank Of Warren do currency exchange?

Background on The Bank

Who owns First State Bank Of Warren?

How long has First State Bank Of Warren been around?

Can First State Bank Of Warren transfer to other banks?

Does First State Bank Of Warren have quick pay?

Does First State Bank Of Warren accept rolled coins?

Will First State Bank Of Warren accept loose change?

Where is First State Bank Of Warren headquarters?

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