MBL Bank

Headquarters

100 Mbl Bank Drive
Minden, LA 71058
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
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

MBL Bank is an FDIC insured institution located in Minden, LA. It was founded in 1910 and has approximately $0.31 billion in assets.

FDIC Insured Yes
FDIC Certificate # 29829
Date Established 1910
Assets $ 322.96 million
Loans $ 193.32 million
Deposits $ 264.13 million
Capital $ 28.64 million
 

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

Deposit Rates - October 24, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 24, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for MBL 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 2020

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Payment
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First Internet Bank
NMLS ID: 424182
2.664% 2.625% 0.50 $1,290 $1,005 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.575% 2.500% 1.00 $2,470 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 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
See Table
2.240 %
$0 Learn More
More Info

Note to MBL Bank
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Branches

MBL 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


MBL Bank Locations


Financial Details

MBL Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of MBL 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
MBL Bank U.S. Bank Average
2.93% 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, MBL Bank had $899,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $28,644,000 in equity and $2,073,000 in loans loss reserves. That gives it a Texas Ratio of 2.93%.

Return on Equity
MBL Bank U.S. Bank Average
11.5% 7.80%

MBL Bank has a Return on Equity of 11.5% 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
MBL Bank U.S. Bank Average
8.87% 12.68%

MBL Bank has a Capitalization of 8.87% 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.

MBL Bank Balance Sheet Analysis

As of December 31, 2017, MBL Bank had assets of $314,572,000, loans of $193,324,000, and deposits of $264,127,000. 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 $ 6.40 million
Interest-bearing balances $ 0.64 million
Total securities $ 99.63 million
Federal funds sold and reverse repurchase $ 9.50 million
Net loans and leases $ 193.32 million
Loan loss allowance $ 2.07 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 $ 3.05 million
     Total Assets $ 285.93 million
LIABILITIES
Total deposits $ 264.13 million
      Interest-bearing deposits $ 228.99 million
      Deposits held in domestic offices $ 264.13 million
      % insured (estimated) 59.99%
Federal funds purchased and repurchase agreements $ 16.05 million
Trading liabilities N.A.
Other borrowed funds $ 5.00 million
Subordinated debt N.A.
All other liabilities $ 0.75 million
      Total Liabilities $ 285.93 million
      Shareholders’ Equity $ 37.04 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 13.68 million
Total Interest Expense $ 1.47 million
Net interest income $ 12.21 million
Provision for loan and lease losses $ 0.13 million
Total non interest income $ 0.67 million
Total non interest expense $ 4.62 million
Pre-tax Net Operating Income $ 8.14 million

Bank Loan Profile?

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

Compared to other banks in Louisiana, MBL 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 31.97
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 2.26
Small Business Loans 13.33
Construction and Development Loans 17.57
Commercial Real Estate 29.37
Commercial and Industrial Loans 16.16
Farm Loans 0.00

Frequently Asked Questions About Mbl Bank

Branches and Savings

Is Mbl Bank FDIC insured?

Yes. It is covered under FDIC Certificate #29829.

Why does Mbl Bank pay such low interest on savings accounts?

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

Why are Mbl Bank CD rates not competitive?

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

Is Mbl Bank a commercial bank?

Yes

Where are Mbl Bank locations?

See branch locations nearby.

Is Mbl Bank open on Saturdays?

Is Mbl Bank open on Sundays?

What time does Mbl Bank open?

What time does Mbl Bank close?

Are Mbl Bank ATMs Open 24/7?

Do Mbl Bank ATMs accept cash deposits?

Can Mbl Bank customers use other ATMs?

Do Mbl Bank branches have notaries?

Will Mbl Bank notarize my document?

What address for Mbl Bank should I put for incoming ACH transfers?

Will the Mbl Bank branch print checks?

Do Mbl Bank checks expire?

Does Mbl Bank require US citizenship to open account?

Can Mbl Bank close my account?

Does Mbl Bank Report to credit bureaus?

Does Mbl Bank Use Equifax?

What is Mbl Bank's ACH Routing Number?

What is Mbl Bank's SWIFT code?

Products

Does Mbl Bank offer mortgages?

Compare mortgage rates here.

Does Mbl Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Mbl Bank offer personal loans?

Compare personal loan rates here.

Does Mbl Bank offer student loans?

Will Mbl Bank cash a check?

Will Mbl Bank redeem a savings bond?

Does Mbl Bank cash savings bonds?

Will Mbl Bank cash money orders?

Can Mbl Bank issue a money order?

Does Mbl Bank do currency exchange?

Background on The Bank

Who owns Mbl Bank?

How long has Mbl Bank been around?

Can Mbl Bank transfer to other banks?

Does Mbl Bank have quick pay?

Does Mbl Bank accept rolled coins?

Will Mbl Bank accept loose change?

Where is Mbl Bank headquarters?

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