Kilgore National Bank

Headquarters

410 North Kilgore Street
Kilgore, TX 75662
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. 2.25% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Kilgore National Bank is an FDIC insured institution located in Kilgore, TX. It was founded in 2000 and has approximately $0.09 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 35548
Date Established 2000
Assets $ 82.26 million
Loans $ 53.08 million
Deposits $ 71.30 million
Capital $ 9.92 million
 

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

Deposit Rates - September 19, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 19, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Kilgore National 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
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AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,118 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
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4.000 %
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Third Federal Savings and Loans
Third Federal Savings and Loans
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2.990 %
$0 Learn More
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Note to Kilgore National Bank
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Branches

Kilgore National 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


Kilgore National Bank Locations


Financial Details

Kilgore National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Kilgore National 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
Kilgore National Bank U.S. Bank Average
14.72% 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, Kilgore National Bank had $37,000 in non-current loans and $1,564,000 in owned real estate. To cover these potential losses it had $9,922,000 in equity and $952,000 in loans loss reserves. That gives it a Texas Ratio of 14.72%.

Return on Equity
Kilgore National Bank U.S. Bank Average
3.31% 7.80%

Kilgore National Bank has a Return on Equity of 3.31% 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
Kilgore National Bank U.S. Bank Average
12.06% 12.68%

Kilgore National Bank has a Capitalization of 12.06% 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.

Kilgore National Bank Balance Sheet Analysis

As of June 30, 2016, Kilgore National Bank had assets of $85,036,000, loans of $53,080,000, and deposits of $71,299,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 53.08 million
Loan loss allowance $ 0.95 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.56 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 71.30 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 82.26 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Kilgore National Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Texas, Kilgore National Bank has a significantly higher percent of Small Business Loans, 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 41.47
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 1.55
Small Business Loans 20.53
Construction and Development Loans 17.56
Commercial Real Estate 23.62
Commercial and Industrial Loans 11.96
Farm Loans 0.00

Frequently Asked Questions About Kilgore National Bank

Branches and Savings

Is Kilgore National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #35548.

Why does Kilgore National Bank pay such low interest on savings accounts?

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

Why are Kilgore National Bank CD rates not competitive?

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

Is Kilgore National Bank a commercial bank?

Yes

Where are Kilgore National Bank locations?

See branch locations nearby.

Is Kilgore National Bank open on Saturdays?

Is Kilgore National Bank open on Sundays?

What time does Kilgore National Bank open?

What time does Kilgore National Bank close?

Are Kilgore National Bank ATMs Open 24/7?

Do Kilgore National Bank ATMs accept cash deposits?

Can Kilgore National Bank customers use other ATMs?

Do Kilgore National Bank branches have notaries?

Will Kilgore National Bank notarize my document?

What address for Kilgore National Bank should I put for incoming ACH transfers?

Will the Kilgore National Bank branch print checks?

Do Kilgore National Bank checks expire?

Does Kilgore National Bank require US citizenship to open account?

Can Kilgore National Bank close my account?

Does Kilgore National Bank Report to credit bureaus?

Does Kilgore National Bank Use Equifax?

What is Kilgore National Bank's ACH Routing Number?

What is Kilgore National Bank's SWIFT code?

Products

Does Kilgore National Bank offer mortgages?

Compare mortgage rates here.

Does Kilgore National Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Kilgore National Bank offer personal loans?

Compare personal loan rates here.

Does Kilgore National Bank offer student loans?

Will Kilgore National Bank cash a check?

Will Kilgore National Bank redeem a savings bond?

Does Kilgore National Bank cash savings bonds?

Will Kilgore National Bank cash money orders?

Can Kilgore National Bank issue a money order?

Does Kilgore National Bank do currency exchange?

Background on The Bank

Who owns Kilgore National Bank?

How long has Kilgore National Bank been around?

Can Kilgore National Bank transfer to other banks?

Does Kilgore National Bank have quick pay?

Does Kilgore National Bank accept rolled coins?

Will Kilgore National Bank accept loose change?

Where is Kilgore National Bank headquarters?

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