Holmes County Bank & Trust Company

Headquarters

316 Court Square
Lexington, MS 39095
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.01% 1.05% →
1-Year CD 0.20% 0.95% →
2-Year CD 0.40% 1.05% →
5-Year CD 0.55% 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

Holmes County Bank & Trust Company is an FDIC insured institution located in Lexington, MS. It was founded in 1932 and has approximately $0.13 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 321
Date Established 1932
Assets $ 129.29 million
Loans $ 43.87 million
Deposits $ 110.62 million
Capital $ 16.49 million
 

For a more detailed analysis of Holmes County Bank & Trust Company'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
0.01% $2,500 $4,999 Learn More
Money Market
0.01% $2,500 $2,999 Learn More
Money Market
0.01% $10,000 $14,999 Learn More
Money Market
0.01% $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
0.01% $100,000 $199,999 Learn More
6 Mo CD
0.10% $10,000 $14,999 Learn More
6 Mo CD
0.10% $100,000 $199,999 Learn More
12 Mo CD
0.20% $10,000 $14,999 Learn More
12 Mo CD
0.20% $100,000 $199,999 Learn More
18 Mo CD
0.25% $10,000 $14,999 Learn More
18 Mo CD
0.25% $100,000 $199,999 Learn More
24 Mo CD
0.40% $10,000 $14,999 Learn More
24 Mo CD
0.40% $100,000 $199,999 Learn More
30 Mo CD
0.42% $10,000 $14,999 Learn More
30 Mo CD
0.42% $100,000 $199,999 Learn More
36 Mo CD
0.45% $10,000 $14,999 Learn More
36 Mo CD
0.45% $100,000 $199,999 Learn More
48 Mo CD
0.50% $10,000 $14,999 Learn More
48 Mo CD
0.50% $100,000 $199,999 Learn More
60 Mo CD
0.55% $10,000 $14,999 Learn More
60 Mo CD
0.55% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.01% $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 Holmes County Bank & Trust Company

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
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,128 $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
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

Note to Holmes County Bank & Trust Company
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Holmes County Bank & Trust Company 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


Holmes County Bank & Trust Company Locations


Financial Details

Holmes County Bank & Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Holmes County Bank & Trust Company. 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
Holmes County Bank & Trust Company U.S. Bank Average
7.99% 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, Holmes County Bank & Trust Company had $1,110,000 in non-current loans and $264,000 in owned real estate. To cover these potential losses it had $16,490,000 in equity and $711,000 in loans loss reserves. That gives it a Texas Ratio of 7.99%.

Return on Equity
Holmes County Bank & Trust Company U.S. Bank Average
5.32% 7.80%

Holmes County Bank & Trust Company has a Return on Equity of 5.32% 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
Holmes County Bank & Trust Company U.S. Bank Average
12.75% 12.68%

Holmes County Bank & Trust Company has a Capitalization of 12.75% 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.

Holmes County Bank & Trust Company Balance Sheet Analysis

As of March 31, 2020, Holmes County Bank & Trust Company had assets of $129,285,000, loans of $43,866,000, and deposits of $110,618,000. 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 $ 12.51 million
Interest-bearing balances $ 8.57 million
Total securities $ 50.62 million
Federal funds sold and reverse repurchase $ 13.33 million
Net loans and leases $ 43.87 million
Loan loss allowance $ 0.71 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.26 million
Goodwill and other intangibles N.A.
All other assets $ 7.00 million
     Total Assets $ 112.80 million
LIABILITIES
Total deposits $ 110.62 million
      Interest-bearing deposits $ 88.16 million
      Deposits held in domestic offices $ 110.62 million
      % insured (estimated) 64.32%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 2.18 million
      Total Liabilities $ 112.80 million
      Shareholders’ Equity $ 16.49 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.09 million
Total Interest Expense $ 0.15 million
Net interest income $ 0.94 million
Provision for loan and lease losses $ 0.05 million
Total non interest income $ 0.17 million
Total non interest expense $ 0.85 million
Pre-tax Net Operating Income $ 0.21 million

Bank Loan Profile?

The top three loan types in Holmes County Bank & Trust Company’s loan portfolio are Commercial and Industrial Loans, Construction and Development Loans, and 1-4 Family Residential Loans.

Compared to other banks in Mississippi, Holmes County Bank & Trust Company has a significantly higher percent of Multifamily Mortgages, Construction and Development 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 19.32
Multifamily
Mortgages
4.02
Credit Card Loans 0.00
Consumer Auto Loans 1.70
Small Business Loans 0.00
Construction and Development Loans 20.67
Commercial Real Estate 13.10
Commercial and Industrial Loans 24.72
Farm Loans 7.38

Frequently Asked Questions About Holmes County Bank & Trust Company

Branches and Savings

Is Holmes County Bank & Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #321.

Why does Holmes County Bank & Trust Company pay such low interest on savings accounts?

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

Why are Holmes County Bank & Trust Company CD rates not competitive?

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

Is Holmes County Bank & Trust Company a commercial bank?

Yes

Where are Holmes County Bank & Trust Company locations?

See branch locations nearby.

Is Holmes County Bank & Trust Company open on Saturdays?

Is Holmes County Bank & Trust Company open on Sundays?

What time does Holmes County Bank & Trust Company open?

What time does Holmes County Bank & Trust Company close?

Are Holmes County Bank & Trust Company ATMs Open 24/7?

Do Holmes County Bank & Trust Company ATMs accept cash deposits?

Can Holmes County Bank & Trust Company customers use other ATMs?

Do Holmes County Bank & Trust Company branches have notaries?

Will Holmes County Bank & Trust Company notarize my document?

What address for Holmes County Bank & Trust Company should I put for incoming ACH transfers?

Will the Holmes County Bank & Trust Company branch print checks?

Do Holmes County Bank & Trust Company checks expire?

Does Holmes County Bank & Trust Company require US citizenship to open account?

Can Holmes County Bank & Trust Company close my account?

Does Holmes County Bank & Trust Company Report to credit bureaus?

Does Holmes County Bank & Trust Company Use Equifax?

What is Holmes County Bank & Trust Company's ACH Routing Number?

What is Holmes County Bank & Trust Company's SWIFT code?

Products

Does Holmes County Bank & Trust Company offer mortgages?

Compare mortgage rates here.

Does Holmes County Bank & Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Holmes County Bank & Trust Company offer personal loans?

Compare personal loan rates here.

Does Holmes County Bank & Trust Company offer student loans?

Will Holmes County Bank & Trust Company cash a check?

Will Holmes County Bank & Trust Company redeem a savings bond?

Does Holmes County Bank & Trust Company cash savings bonds?

Will Holmes County Bank & Trust Company cash money orders?

Can Holmes County Bank & Trust Company issue a money order?

Does Holmes County Bank & Trust Company do currency exchange?

Background on The Bank

Who owns Holmes County Bank & Trust Company?

How long has Holmes County Bank & Trust Company been around?

Can Holmes County Bank & Trust Company transfer to other banks?

Does Holmes County Bank & Trust Company have quick pay?

Does Holmes County Bank & Trust Company accept rolled coins?

Will Holmes County Bank & Trust Company accept loose change?

Where is Holmes County Bank & Trust Company headquarters?

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