Frazer Bank

110 East Broadway
Altus, OK 73521

Notable Rates APY Vs.Others
Savings 0.30% 2.20% →
1-Year CD 1.11% 2.25% →
2-Year CD 1.61% 2.30% →
5-Year CD 2.02% 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

Frazer Bank is an FDIC insured institution located in Altus, OK. It was founded in 1902 and has approximately $0.3 billion in assets. Customers can open an account at one of its 7 branches.

FDIC Insured Yes
FDIC Certificate # 4031
Date Established 1902
Assets $0.30 billion
Loans $0.17 billion
Deposits $0.25 billion
Capital $0.03 billion
 

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

Deposit Rates - January 25, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.35% $1,000 $9,999 Learn MoreShow Less
Money Market
0.35% $10,000 $24,999 Learn MoreShow Less
Money Market
0.45% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
0.50% $10,000 $24,999 Learn MoreShow Less
3 Mo CD
0.65% $50,000 - Learn MoreShow Less
0.65% $10,000 $24,999 Learn MoreShow Less
6 Mo CD
0.90% $50,000 - Learn MoreShow Less
Special: 10 Mo CD
1.75% $25,000 - Learn MoreShow Less
0.80% $10,000 $24,999 Learn MoreShow Less
12 Mo CD
1.11% $50,000 - Learn MoreShow Less
1.26% $10,000 $24,999 Learn MoreShow Less
18 Mo CD
1.41% $50,000 - Learn MoreShow Less
1.31% $10,000 $24,999 Learn MoreShow Less
24 Mo CD
1.61% $50,000 - Learn MoreShow Less
1.56% $10,000 $24,999 Learn MoreShow Less
36 Mo CD
1.91% $50,000 - Learn MoreShow Less
2.02% $10,000 $24,999 Learn MoreShow Less
60 Mo CD
2.02% $50,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
0.75% $1,500 $9,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1,000 $9,999 Learn MoreShow Less

Loan Rates - January 25, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Frazer Bank

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
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.384% 3.375% 0.13 $285 $1,106 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.793% 4.750% 0.00 $1,250 $1,305 Learn More
First Internet Bank
NMLS ID: 424182
3.516% 3.500% 0.25 $505 $1,123 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 Frazer Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Frazer 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:
Ashburn,Virginia


Frazer Bank Locations


Financial Details

Frazer Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Frazer 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
Frazer Bank U.S. Bank Average
24.55% 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, Frazer Bank had $1,876,000 in non-current loans and $5,650,000 in owned real estate. To cover these potential losses it had $28,728,000 in equity and $1,929,000 in loans loss reserves. That gives it a Texas Ratio of 24.55%.

Return on Equity
Frazer Bank U.S. Bank Average
3.92% 9.72%

Frazer Bank has a Return on Equity of 3.92% 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
Frazer Bank U.S. Bank Average
9.64% 12.89%

Frazer Bank has a Capitalization of 9.64% 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.

Frazer Bank Balance Sheet Analysis

As of September 30, 2019, Frazer Bank had assets of $298,010,000, loans of $167,263,000, and deposits of $246,249,000. 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 $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.10 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.17 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.01 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.01 billion
     Total Assets $0.27 billion
LIABILITIES
Total deposits $0.25 billion
      Interest-bearing deposits $0.20 billion
      Deposits held in domestic offices $0.25 billion
      % insured (estimated) 75.89%
Federal funds purchased and repurchase agreements $0.01 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 $0.27 billion
      Shareholders’ Equity $0.03 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 Frazer Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Farm Loans.

Compared to other banks, Frazer Bank’s loan portfolio does not show any specific loan specialty.

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 13.60
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.47
Small Business Loans 0.00
Construction and Development Loans 11.85
Commercial Real Estate 20.89
Commercial and Industrial Loans 18.79
Farm Loans 14.84

Frequently Asked Questions About Frazer Bank

Branches and Savings

Is Frazer Bank FDIC insured?

Yes. It is covered under FDIC Certificate #4031.

Why does Frazer Bank pay such low interest on savings accounts?

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

Why are Frazer Bank CD rates not competitive?

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

Is Frazer Bank a commercial bank?

Yes

Where are Frazer Bank locations?

See branch locations nearby.

Is Frazer Bank open on Saturdays?

Is Frazer Bank open on Sundays?

What time does Frazer Bank open?

What time does Frazer Bank close?

Are Frazer Bank ATMs Open 24/7?

Do Frazer Bank ATMs accept cash deposits?

Can Frazer Bank customers use other ATMs?

Do Frazer Bank branches have notaries?

Will Frazer Bank notarize my document?

What address for Frazer Bank should I put for incoming ACH transfers?

Will the Frazer Bank branch print checks?

Do Frazer Bank checks expire?

Does Frazer Bank require US citizenship to open account?

Can Frazer Bank close my account?

Does Frazer Bank Report to credit bureaus?

Does Frazer Bank Use Equifax?

What is Frazer Bank's ACH Routing Number?

What is Frazer Bank's SWIFT code?

Products

Does Frazer Bank offer mortgages?

Compare mortgage rates here.

Does Frazer Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Frazer Bank offer personal loans?

Compare personal loan rates here.

Does Frazer Bank offer student loans?

Will Frazer Bank cash a check?

Will Frazer Bank redeem a savings bond?

Does Frazer Bank cash savings bonds?

Will Frazer Bank cash money orders?

Can Frazer Bank issue a money order?

Does Frazer Bank do currency exchange?

Background on The Bank

Who owns Frazer Bank?

How long has Frazer Bank been around?

Can Frazer Bank transfer to other banks?

Does Frazer Bank have quick pay?

Does Frazer Bank accept rolled coins?

Will Frazer Bank accept loose change?

Where is Frazer Bank headquarters?

Customer Reviews for Frazer Bank


  • November 23, 2019

    Recently applied for a loan. I was denied. Got the letter stating why, it has things checked like foreclosure and garnishment. I know I never had either. I get a copy of my report. Doesn't show any foreclosures or garnishment. I also was told I had a lot of debt on there. A LOT. there's only six. Two are in good standing, two are medical, that's not supposed to count against me anyways, one is being disputed because they already got their money. I think it's pretty sorry to bold face lie to deny someone a loan. Really don't want to, but, I'm considering changing banks. Ridiculous.

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