Kaplan State Bank

Headquarters

201 North Cushing Avenue
Kaplan, LA 70548
See all branch locations →

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

Kaplan State Bank is an FDIC insured institution located in Kaplan, LA. It was founded in 1928 and has approximately $0.09 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 8143
Date Established 1928
Assets $ 85.98 million
Loans $ 31.82 million
Deposits $ 68.94 million
Capital $ 13.58 million
 

For a more detailed analysis of Kaplan State 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


Loan Rates - September 24, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Kaplan 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

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Payment
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AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,128 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
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2.990 %
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People's United Bank, N.A.
People's United Bank, N.A.
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4.000 %
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Note to Kaplan State Bank
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Branches

Kaplan 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


Kaplan State Bank Locations


Financial Details

Kaplan State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Kaplan 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
Kaplan State Bank U.S. Bank Average
5.48% 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, Kaplan State Bank had $620,000 in non-current loans and $142,000 in owned real estate. To cover these potential losses it had $13,577,000 in equity and $324,000 in loans loss reserves. That gives it a Texas Ratio of 5.48%.

Return on Equity
Kaplan State Bank U.S. Bank Average
8.42% 7.80%

Kaplan State Bank has a Return on Equity of 8.42% 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
Kaplan State Bank U.S. Bank Average
15.79% 12.68%

Kaplan State Bank has a Capitalization of 15.79% 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.

Kaplan State Bank Balance Sheet Analysis

As of December 31, 2017, Kaplan State Bank had assets of $85,296,000, loans of $31,824,000, and deposits of $68,939,000. 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 $ 14.14 million
Interest-bearing balances $ 10.60 million
Total securities $ 35.94 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 31.82 million
Loan loss allowance $ 0.32 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.14 million
Goodwill and other intangibles N.A.
All other assets $ 2.98 million
     Total Assets $ 71.72 million
LIABILITIES
Total deposits $ 68.94 million
      Interest-bearing deposits $ 51.87 million
      Deposits held in domestic offices $ 68.94 million
      % insured (estimated) 77.19%
Federal funds purchased and repurchase agreements $ 1.19 million
Trading liabilities N.A.
Other borrowed funds $ 0.33 million
Subordinated debt N.A.
All other liabilities $ 1.26 million
      Total Liabilities $ 71.72 million
      Shareholders’ Equity $ 14.26 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 3.02 million
Total Interest Expense $ 0.17 million
Net interest income $ 2.85 million
Provision for loan and lease losses $ 0.04 million
Total non interest income $ 0.68 million
Total non interest expense $ 2.35 million
Pre-tax Net Operating Income $ 1.14 million

Bank Loan Profile?

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

Compared to other banks in Louisiana, Kaplan State Bank has a significantly higher percent of Credit Card Loans, 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 30.96
Multifamily
Mortgages
0.00
Credit Card Loans 1.38
Consumer Auto Loans 0.94
Small Business Loans 8.25
Construction and Development Loans 1.45
Commercial Real Estate 24.38
Commercial and Industrial Loans 28.48
Farm Loans 2.49

Frequently Asked Questions About Kaplan State Bank

Branches and Savings

Is Kaplan State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #8143.

Why does Kaplan 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 Kaplan State Bank CD rates not competitive?

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

Is Kaplan State Bank a commercial bank?

Yes

Where are Kaplan State Bank locations?

See branch locations nearby.

Is Kaplan State Bank open on Saturdays?

Is Kaplan State Bank open on Sundays?

What time does Kaplan State Bank open?

What time does Kaplan State Bank close?

Are Kaplan State Bank ATMs Open 24/7?

Do Kaplan State Bank ATMs accept cash deposits?

Can Kaplan State Bank customers use other ATMs?

Do Kaplan State Bank branches have notaries?

Will Kaplan State Bank notarize my document?

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

Will the Kaplan State Bank branch print checks?

Do Kaplan State Bank checks expire?

Does Kaplan State Bank require US citizenship to open account?

Can Kaplan State Bank close my account?

Does Kaplan State Bank Report to credit bureaus?

Does Kaplan State Bank Use Equifax?

What is Kaplan State Bank's ACH Routing Number?

What is Kaplan State Bank's SWIFT code?

Products

Does Kaplan State Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Kaplan State Bank offer personal loans?

Compare personal loan rates here.

Does Kaplan State Bank offer student loans?

Will Kaplan State Bank cash a check?

Will Kaplan State Bank redeem a savings bond?

Does Kaplan State Bank cash savings bonds?

Will Kaplan State Bank cash money orders?

Can Kaplan State Bank issue a money order?

Does Kaplan State Bank do currency exchange?

Background on The Bank

Who owns Kaplan State Bank?

How long has Kaplan State Bank been around?

Can Kaplan State Bank transfer to other banks?

Does Kaplan State Bank have quick pay?

Does Kaplan State Bank accept rolled coins?

Will Kaplan State Bank accept loose change?

Where is Kaplan State Bank headquarters?

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