Lusk State Bank

445 South Main St
Lusk, WY 82225

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 8724
Date Established 1924
Assets $0.05 billion
Loans $0.03 billion
Deposits $0.05 billion
Capital $0.01 billion

Lusk State Bank is an FDIC insured institution located in Lusk, WY. It was founded in 1924 and has approximately $0.05 billion in assets.

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

Bank Loan Profile?

The top three loan types in Lusk State Bank’s loan portfolio are Farm Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Wyoming, Lusk State Bank has a significantly higher percent of Farm 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 1.52
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 3.41
Small Business Loans 12.13
Construction and Development Loans 0.73
Commercial Real Estate 12.14
Commercial and Industrial Loans 3.81
Farm Loans 33.48

Deposit Rates - April 21, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.10% $2,500 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.30% $500 - Learn MoreShow Less
6 Mo CD
0.50% $500 - Learn MoreShow Less
12 Mo CD
1.00% $500 - Learn MoreShow Less
18 Mo CD
1.10% $500 - Learn MoreShow Less
24 Mo CD
1.26% $500 - Learn MoreShow Less
36 Mo CD
1.51% $500 - Learn MoreShow Less
48 Mo CD
1.76% $500 - Learn MoreShow Less
60 Mo CD
2.02% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.00% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1,200 - Learn MoreShow Less

Loan Rates - April 21, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Lusk State Bank

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: MC-1875
4.030% 4.000% 0.38 $892 $1,194 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to Lusk State Bank
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Branches

Lusk 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:
Ashburn,Virginia


Lusk State Bank Locations


Financial Details

Lusk State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Lusk 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
Lusk State Bank U.S. Bank Average
0.4% 6.97%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 December 31, 2018, Lusk State Bank had $31,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $7,251,000 in equity and $452,000 in loans loss reserves. That gives it a Texas Ratio of 0.4%.

Return on Equity
Lusk State Bank U.S. Bank Average
15.13% 8.80%

Lusk State Bank has a Return on Equity of 15.13% versus the BestCashCow average of 8.80%. 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
Lusk State Bank U.S. Bank Average
13.52% 12.29%

Lusk State Bank has a Capitalization of 13.52% versus the BestCashCow average of 12.29. 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.

Lusk State Bank Balance Sheet Analysis

As of December 31, 2018, Lusk State Bank had assets of $53,644,000, loans of $29,353,000, and deposits of $46,273,000. 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

December 31, 2018
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.03 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.05 billion
LIABILITIES
Total deposits $0.05 billion
      Interest-bearing deposits $0.03 billion
      Deposits held in domestic offices $0.05 billion
      % insured (estimated) 92.09%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.05 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Lusk State Bank

Branches and Savings

Is Lusk State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #8724.

Why does Lusk 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 Lusk State Bank CD rates not competitive?

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

Is Lusk State Bank a commercial bank?

Yes

Where are Lusk State Bank locations?

See branch locations nearby.

Is Lusk State Bank open on Saturdays?

Is Lusk State Bank open on Sundays?

What time does Lusk State Bank open?

What time does Lusk State Bank close?

Are Lusk State Bank ATMs Open 24/7?

Do Lusk State Bank ATMs accept cash deposits?

Can Lusk State Bank customers use other ATMs?

Do Lusk State Bank branches have notaries?

Will Lusk State Bank notarize my document?

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

Will the Lusk State Bank branch print checks?

Do Lusk State Bank checks expire?

Does Lusk State Bank require US citizenship to open account?

Can Lusk State Bank close my account?

Does Lusk State Bank Report to credit bureaus?

Does Lusk State Bank Use Equifax?

What is Lusk State Bank's ACH Routing Number?

What is Lusk State Bank's SWIFT code?

Products

Does Lusk State Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Lusk State Bank offer personal loans?

Compare personal loan rates here.

Does Lusk State Bank offer student loans?

Will Lusk State Bank cash a check?

Will Lusk State Bank redeem a savings bond?

Does Lusk State Bank cash savings bonds?

Will Lusk State Bank cash money orders?

Can Lusk State Bank issue a money order?

Does Lusk State Bank do currency exchange?

Background on The Bank

Who owns Lusk State Bank?

How long has Lusk State Bank been around?

Can Lusk State Bank transfer to other banks?

Does Lusk State Bank have quick pay?

Does Lusk State Bank accept rolled coins?

Will Lusk State Bank accept loose change?

Where is Lusk State Bank headquarters?

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