Garden Plain State Bank

Headquarters

10526 West Maple Street
Wichita, KS 67209
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.12% 1.05% →
1-Year CD 0.87% 0.95% →
2-Year CD 1.00% 1.05% →
5-Year CD 1.38% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Garden Plain State Bank is an FDIC insured institution located in Wichita, KS. It was founded in 1966 and has approximately $0.1 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 19687
Date Established 1966
Assets $ 101.05 million
Loans $ 43.49 million
Deposits $ 84.38 million
Capital $ 16.34 million
 

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

Deposit Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.12% $2,500 $4,999 Learn More
Money Market
0.12% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.37% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.25% $10,000 $14,999 Learn More
3 Mo CD
0.25% $100,000 $199,999 Learn More
6 Mo CD
0.38% $10,000 $14,999 Learn More
6 Mo CD
0.38% $100,000 $199,999 Learn More
12 Mo CD
0.87% $10,000 $14,999 Learn More
12 Mo CD
0.87% $100,000 $199,999 Learn More
18 Mo CD
0.87% $10,000 $14,999 Learn More
18 Mo CD
0.87% $100,000 $199,999 Learn More
24 Mo CD
1.00% $10,000 $14,999 Learn More
24 Mo CD
1.00% $100,000 $199,999 Learn More
30 Mo CD
1.00% $10,000 $14,999 Learn More
30 Mo CD
1.00% $100,000 $199,999 Learn More
36 Mo CD
1.12% $10,000 $14,999 Learn More
36 Mo CD
1.12% $100,000 $199,999 Learn More
48 Mo CD
1.26% $10,000 $14,999 Learn More
48 Mo CD
1.26% $100,000 $199,999 Learn More
60 Mo CD
1.38% $10,000 $14,999 Learn More
60 Mo CD
1.38% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Garden Plain State 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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,122 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Garden Plain State Bank
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Branches

Garden Plain State 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


Garden Plain State Bank Locations


Financial Details

Garden Plain State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Garden Plain State 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
Garden Plain State Bank U.S. Bank Average
0% 6.94%

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, 2020, Garden Plain State Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $16,338,000 in equity and $589,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Garden Plain State Bank U.S. Bank Average
8.77% 7.80%

Garden Plain State Bank has a Return on Equity of 8.77% versus the BestCashCow average of 7.80%. 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
Garden Plain State Bank U.S. Bank Average
16.17% 12.68%

Garden Plain State Bank has a Capitalization of 16.17% versus the BestCashCow average of 12.68. 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.

Garden Plain State Bank Balance Sheet Analysis

As of March 31, 2020, Garden Plain State Bank had assets of $101,054,000, loans of $43,491,000, and deposits of $84,379,000. 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, 2020
ASSETS
Cash & Balances due from depository institutions $ 6.14 million
Interest-bearing balances $ 2.93 million
Total securities $ 38.96 million
Federal funds sold and reverse repurchase $ 9.15 million
Net loans and leases $ 43.49 million
Loan loss allowance $ 0.59 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.21 million
All other assets $ 1.96 million
     Total Assets $ 84.72 million
LIABILITIES
Total deposits $ 84.38 million
      Interest-bearing deposits $ 65.32 million
      Deposits held in domestic offices $ 84.38 million
      % insured (estimated) 86.17%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.34 million
      Total Liabilities $ 84.72 million
      Shareholders’ Equity $ 16.34 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.92 million
Total Interest Expense $ 0.12 million
Net interest income $ 0.80 million
Provision for loan and lease losses $ 0.02 million
Total non interest income $ 0.21 million
Total non interest expense $ 0.55 million
Pre-tax Net Operating Income $ 0.44 million

Bank Loan Profile?

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

Compared to other banks in Kansas, Garden Plain State 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 27.64
Multifamily
Mortgages
0.00
Credit Card Loans 0.32
Consumer Auto Loans 1.61
Small Business Loans 0.00
Construction and Development Loans 22.17
Commercial Real Estate 24.69
Commercial and Industrial Loans 18.02
Farm Loans 1.10

Frequently Asked Questions About Garden Plain State Bank

Branches and Savings

Is Garden Plain State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #19687.

Why does Garden Plain State Bank pay such low interest on savings accounts?

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

Why are Garden Plain State Bank CD rates not competitive?

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

Is Garden Plain State Bank a commercial bank?

Yes

Where are Garden Plain State Bank locations?

See branch locations nearby.

Is Garden Plain State Bank open on Saturdays?

Is Garden Plain State Bank open on Sundays?

What time does Garden Plain State Bank open?

What time does Garden Plain State Bank close?

Are Garden Plain State Bank ATMs Open 24/7?

Do Garden Plain State Bank ATMs accept cash deposits?

Can Garden Plain State Bank customers use other ATMs?

Do Garden Plain State Bank branches have notaries?

Will Garden Plain State Bank notarize my document?

What address for Garden Plain State Bank should I put for incoming ACH transfers?

Will the Garden Plain State Bank branch print checks?

Do Garden Plain State Bank checks expire?

Does Garden Plain State Bank require US citizenship to open account?

Can Garden Plain State Bank close my account?

Does Garden Plain State Bank Report to credit bureaus?

Does Garden Plain State Bank Use Equifax?

What is Garden Plain State Bank's ACH Routing Number?

What is Garden Plain State Bank's SWIFT code?

Products

Does Garden Plain State Bank offer mortgages?

Compare mortgage rates here.

Does Garden Plain State Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Garden Plain State Bank offer personal loans?

Compare personal loan rates here.

Does Garden Plain State Bank offer student loans?

Will Garden Plain State Bank cash a check?

Will Garden Plain State Bank redeem a savings bond?

Does Garden Plain State Bank cash savings bonds?

Will Garden Plain State Bank cash money orders?

Can Garden Plain State Bank issue a money order?

Does Garden Plain State Bank do currency exchange?

Background on The Bank

Who owns Garden Plain State Bank?

How long has Garden Plain State Bank been around?

Can Garden Plain State Bank transfer to other banks?

Does Garden Plain State Bank have quick pay?

Does Garden Plain State Bank accept rolled coins?

Will Garden Plain State Bank accept loose change?

Where is Garden Plain State Bank headquarters?

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