MarkleBank

Headquarters

180 East Morse Street
Markle, IN 46770
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

MarkleBank is an FDIC insured institution located in Markle, IN. It was founded in 1947 and has approximately $0.35 billion in assets.

FDIC Insured Yes
FDIC Certificate # 16650
Date Established 1947
Assets $ 353.97 million
Loans $ 243.18 million
Deposits $ 273.63 million
Capital $ 46.83 million
 

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

Deposit Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for MarkleBank

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
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,122 $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

Note to MarkleBank
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Branches

MarkleBank 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


MarkleBank Locations


Financial Details

MarkleBank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of MarkleBank. 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
MarkleBank U.S. Bank Average
7.92% 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, MarkleBank had $3,562,000 in non-current loans and $401,000 in owned real estate. To cover these potential losses it had $46,827,000 in equity and $3,199,000 in loans loss reserves. That gives it a Texas Ratio of 7.92%.

Return on Equity
MarkleBank U.S. Bank Average
7.52% 7.80%

MarkleBank has a Return on Equity of 7.52% 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
MarkleBank U.S. Bank Average
13.23% 12.68%

MarkleBank has a Capitalization of 13.23% 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.

MarkleBank Balance Sheet Analysis

As of September 30, 2012, MarkleBank had assets of $353,969,000, loans of $243,184,000, and deposits of $273,633,000. 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 $ 243.18 million
Loan loss allowance $ 3.20 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.40 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 273.63 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 $ 353.97 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 MarkleBank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Indiana, MarkleBank has a significantly higher percent of Small Business 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 23.48
Multifamily
Mortgages
1.16
Credit Card Loans 0.00
Consumer Auto Loans 0.85
Small Business Loans 12.37
Construction and Development Loans 1.88
Commercial Real Estate 18.66
Commercial and Industrial Loans 13.62
Farm Loans 11.15

Frequently Asked Questions About Marklebank

Branches and Savings

Is Marklebank FDIC insured?

Yes. It is covered under FDIC Certificate #16650.

Why does Marklebank pay such low interest on savings accounts?

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

Why are Marklebank CD rates not competitive?

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

Is Marklebank a commercial bank?

Yes

Where are Marklebank locations?

See branch locations nearby.

Is Marklebank open on Saturdays?

Is Marklebank open on Sundays?

What time does Marklebank open?

What time does Marklebank close?

Are Marklebank ATMs Open 24/7?

Do Marklebank ATMs accept cash deposits?

Can Marklebank customers use other ATMs?

Do Marklebank branches have notaries?

Will Marklebank notarize my document?

What address for Marklebank should I put for incoming ACH transfers?

Will the Marklebank branch print checks?

Do Marklebank checks expire?

Does Marklebank require US citizenship to open account?

Can Marklebank close my account?

Does Marklebank Report to credit bureaus?

Does Marklebank Use Equifax?

What is Marklebank's ACH Routing Number?

What is Marklebank's SWIFT code?

Products

Does Marklebank offer mortgages?

Compare mortgage rates here.

Does Marklebank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Marklebank offer personal loans?

Compare personal loan rates here.

Does Marklebank offer student loans?

Will Marklebank cash a check?

Will Marklebank redeem a savings bond?

Does Marklebank cash savings bonds?

Will Marklebank cash money orders?

Can Marklebank issue a money order?

Does Marklebank do currency exchange?

Background on The Bank

Who owns Marklebank?

How long has Marklebank been around?

Can Marklebank transfer to other banks?

Does Marklebank have quick pay?

Does Marklebank accept rolled coins?

Will Marklebank accept loose change?

Where is Marklebank headquarters?

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