Kearney Trust Company

Headquarters

310 West 92 Highway
Kearney, MO 64060
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.05% →
1-Year CD 0.35% 1.05% →
2-Year CD 0.50% 1.11% →
5-Year CD 0.60% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Kearney Trust Company is an FDIC insured institution located in Kearney, MO. It was founded in 1882 and has approximately $0.22 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 9794
Date Established 1882
Assets $ 219.55 million
Loans $ 124.31 million
Deposits $ 197.67 million
Capital $ 21.39 million
 

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

Deposit Rates - August 12, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.01% $2,500 $2,999 Learn More
Money Market
0.05% $10,000 $14,999 Learn More
Money Market
0.05% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.30% $10,000 $14,999 Learn More
6 Mo CD
0.30% $100,000 $199,999 Learn More
12 Mo CD
0.35% $10,000 $14,999 Learn More
12 Mo CD
0.35% $100,000 $199,999 Learn More
18 Mo CD
0.50% $10,000 $14,999 Learn More
18 Mo CD
0.50% $100,000 $199,999 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More
30 Mo CD
0.55% $10,000 $14,999 Learn More
30 Mo CD
0.55% $100,000 $199,999 Learn More
36 Mo CD
0.60% $10,000 $14,999 Learn More
36 Mo CD
0.60% $100,000 $199,999 Learn More
48 Mo CD
0.60% $10,000 $14,999 Learn More
48 Mo CD
0.60% $100,000 $199,999 Learn More
60 Mo CD
0.60% $10,000 $14,999 Learn More
60 Mo CD
0.60% $100,000 $199,999 Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.35% $1 $999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $99 Learn MoreShow Less
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 12, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Kearney Trust Company

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
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.914% 2.875% 0.50 $1,250 $1,038 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
3.500 %
$25,000 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info

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

Branches

Kearney 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:
Ashburn,Virginia


Kearney Trust Company Locations


Financial Details

Kearney Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Kearney 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
Kearney Trust Company U.S. Bank Average
1.37% 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, Kearney Trust Company had $315,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $21,387,000 in equity and $1,627,000 in loans loss reserves. That gives it a Texas Ratio of 1.37%.

Return on Equity
Kearney Trust Company U.S. Bank Average
13.2% 7.80%

Kearney Trust Company has a Return on Equity of 13.2% 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
Kearney Trust Company U.S. Bank Average
9.74% 12.68%

Kearney Trust Company has a Capitalization of 9.74% 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.

Kearney Trust Company Balance Sheet Analysis

As of March 31, 2020, Kearney Trust Company had assets of $219,549,000, loans of $124,314,000, and deposits of $197,667,000. 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 $ 45.93 million
Interest-bearing balances $ 38.63 million
Total securities $ 46.43 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 124.31 million
Loan loss allowance $ 1.63 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 1.68 million
     Total Assets $ 198.16 million
LIABILITIES
Total deposits $ 197.67 million
      Interest-bearing deposits $ 143.41 million
      Deposits held in domestic offices $ 197.67 million
      % insured (estimated) 80.44%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.50 million
      Total Liabilities $ 198.16 million
      Shareholders’ Equity $ 21.39 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.08 million
Total Interest Expense $ 0.25 million
Net interest income $ 1.83 million
Provision for loan and lease losses $ 0.17 million
Total non interest income $ 0.24 million
Total non interest expense $ 1.20 million
Pre-tax Net Operating Income $ 0.71 million

Bank Loan Profile?

The top three loan types in Kearney Trust Company’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Missouri, Kearney Trust Company 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 28.85
Multifamily
Mortgages
0.10
Credit Card Loans 0.00
Consumer Auto Loans 2.45
Small Business Loans 0.00
Construction and Development Loans 12.90
Commercial Real Estate 28.73
Commercial and Industrial Loans 10.09
Farm Loans 3.05

Frequently Asked Questions About Kearney Trust Company

Branches and Savings

Is Kearney Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #9794.

Why does Kearney 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 Kearney Trust Company CD rates not competitive?

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

Is Kearney Trust Company a commercial bank?

Yes

Where are Kearney Trust Company locations?

See branch locations nearby.

Is Kearney Trust Company open on Saturdays?

Is Kearney Trust Company open on Sundays?

What time does Kearney Trust Company open?

What time does Kearney Trust Company close?

Are Kearney Trust Company ATMs Open 24/7?

Do Kearney Trust Company ATMs accept cash deposits?

Can Kearney Trust Company customers use other ATMs?

Do Kearney Trust Company branches have notaries?

Will Kearney Trust Company notarize my document?

What address for Kearney Trust Company should I put for incoming ACH transfers?

Will the Kearney Trust Company branch print checks?

Do Kearney Trust Company checks expire?

Does Kearney Trust Company require US citizenship to open account?

Can Kearney Trust Company close my account?

Does Kearney Trust Company Report to credit bureaus?

Does Kearney Trust Company Use Equifax?

What is Kearney Trust Company's ACH Routing Number?

What is Kearney Trust Company's SWIFT code?

Products

Does Kearney Trust Company offer mortgages?

Compare mortgage rates here.

Does Kearney Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Kearney Trust Company offer personal loans?

Compare personal loan rates here.

Does Kearney Trust Company offer student loans?

Will Kearney Trust Company cash a check?

Will Kearney Trust Company redeem a savings bond?

Does Kearney Trust Company cash savings bonds?

Will Kearney Trust Company cash money orders?

Can Kearney Trust Company issue a money order?

Does Kearney Trust Company do currency exchange?

Background on The Bank

Who owns Kearney Trust Company?

How long has Kearney Trust Company been around?

Can Kearney Trust Company transfer to other banks?

Does Kearney Trust Company have quick pay?

Does Kearney Trust Company accept rolled coins?

Will Kearney Trust Company accept loose change?

Where is Kearney Trust Company headquarters?

Customer Reviews for Kearney Trust Company

There are currently no comments for Kearney Trust Company. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →