High Plains Bank

Headquarters

202 North Main Street
Okeene, OK 73763
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.00% 1.05% →
1-Year CD 0.01% 0.95% →
2-Year CD 0.07% 1.05% →
5-Year CD N.A. 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

High Plains Bank is an FDIC insured institution located in Okeene, OK. It was founded in 1930 and has approximately $0.14 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 418
Date Established 1930
Assets $ 142.39 million
Loans $ 106.45 million
Deposits $ 123.22 million
Capital $ 17.31 million
 

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

Deposit Rates - September 24, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.00% $2,500 $4,999 Learn More
Money Market
0.00% $2,500 $2,999 Learn More
Money Market
0.00% $10,000 $14,999 Learn More
Money Market
0.00% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.01% $10,000 $14,999 Learn More
3 Mo CD
0.00% $100,000 $199,999 Learn More
6 Mo CD
0.00% $10,000 $14,999 Learn More
6 Mo CD
0.00% $100,000 $199,999 Learn More
12 Mo CD
0.00% $10,000 $14,999 Learn More
12 Mo CD
0.01% $100,000 $199,999 Learn More
18 Mo CD
0.01% $10,000 $14,999 Learn More
18 Mo CD
0.01% $100,000 $199,999 Learn More
24 Mo CD
0.01% $10,000 $14,999 Learn More
24 Mo CD
0.07% $100,000 $199,999 Learn More
36 Mo CD
0.08% $10,000 $14,999 Learn More
36 Mo CD
0.09% $100,000 $199,999 Learn More
48 Mo CD
0.09% $10,000 $14,999 Learn More
48 Mo CD
0.09% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.00% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 24, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for High Plains 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 High Plains Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

High Plains 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


High Plains Bank Locations


Financial Details

High Plains Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of High Plains 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
High Plains Bank U.S. Bank Average
7.23% 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, High Plains Bank had $1,307,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $17,313,000 in equity and $773,000 in loans loss reserves. That gives it a Texas Ratio of 7.23%.

Return on Equity
High Plains Bank U.S. Bank Average
11.54% 7.80%

High Plains Bank has a Return on Equity of 11.54% 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
High Plains Bank U.S. Bank Average
12.16% 12.68%

High Plains Bank has a Capitalization of 12.16% 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.

High Plains Bank Balance Sheet Analysis

As of March 31, 2020, High Plains Bank had assets of $142,389,000, loans of $106,449,000, and deposits of $123,217,000. 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 $ 2.30 million
Interest-bearing balances $ 0.01 million
Total securities $ 13.76 million
Federal funds sold and reverse repurchase $ 11.94 million
Net loans and leases $ 106.45 million
Loan loss allowance $ 0.77 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 1.06 million
All other assets $ 5.01 million
     Total Assets $ 125.08 million
LIABILITIES
Total deposits $ 123.22 million
      Interest-bearing deposits $ 105.60 million
      Deposits held in domestic offices $ 123.22 million
      % insured (estimated) 86.19%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 1.06 million
Subordinated debt N.A.
All other liabilities $ 0.80 million
      Total Liabilities $ 125.08 million
      Shareholders’ Equity $ 17.31 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.62 million
Total Interest Expense $ 0.39 million
Net interest income $ 1.22 million
Provision for loan and lease losses $ 0.27 million
Total non interest income $ 0.12 million
Total non interest expense $ 0.59 million
Pre-tax Net Operating Income $ 0.49 million

Bank Loan Profile?

The top three loan types in High Plains Bank’s loan portfolio are Commercial Real Estate, Farm Loans, and 1-4 Family Residential Loans.

Compared to other banks, High Plains 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 9.50
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 1.36
Small Business Loans 0.00
Construction and Development Loans 4.84
Commercial Real Estate 31.48
Commercial and Industrial Loans 8.27
Farm Loans 22.37

Frequently Asked Questions About High Plains Bank

Branches and Savings

Is High Plains Bank FDIC insured?

Yes. It is covered under FDIC Certificate #418.

Why does High Plains Bank pay such low interest on savings accounts?

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

Why are High Plains Bank CD rates not competitive?

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

Is High Plains Bank a commercial bank?

Yes

Where are High Plains Bank locations?

See branch locations nearby.

Is High Plains Bank open on Saturdays?

Is High Plains Bank open on Sundays?

What time does High Plains Bank open?

What time does High Plains Bank close?

Are High Plains Bank ATMs Open 24/7?

Do High Plains Bank ATMs accept cash deposits?

Can High Plains Bank customers use other ATMs?

Do High Plains Bank branches have notaries?

Will High Plains Bank notarize my document?

What address for High Plains Bank should I put for incoming ACH transfers?

Will the High Plains Bank branch print checks?

Do High Plains Bank checks expire?

Does High Plains Bank require US citizenship to open account?

Can High Plains Bank close my account?

Does High Plains Bank Report to credit bureaus?

Does High Plains Bank Use Equifax?

What is High Plains Bank's ACH Routing Number?

What is High Plains Bank's SWIFT code?

Products

Does High Plains Bank offer mortgages?

Compare mortgage rates here.

Does High Plains Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does High Plains Bank offer personal loans?

Compare personal loan rates here.

Does High Plains Bank offer student loans?

Will High Plains Bank cash a check?

Will High Plains Bank redeem a savings bond?

Does High Plains Bank cash savings bonds?

Will High Plains Bank cash money orders?

Can High Plains Bank issue a money order?

Does High Plains Bank do currency exchange?

Background on The Bank

Who owns High Plains Bank?

How long has High Plains Bank been around?

Can High Plains Bank transfer to other banks?

Does High Plains Bank have quick pay?

Does High Plains Bank accept rolled coins?

Will High Plains Bank accept loose change?

Where is High Plains Bank headquarters?

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