Mfsb, National Association

Headquarters

121 South Ohio Avenue
Sidney, OH 45365
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

Mfsb, National Association is an FDIC insured institution located in Sidney, OH. It was founded in 1922 and has approximately $0.12 billion in assets.

FDIC Insured Yes
FDIC Certificate # 30001
Date Established 1922
Assets $ 123.41 million
Loans $ 81.46 million
Deposits $ 98.98 million
Capital $ 13.31 million
 

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

Deposit Rates - October 28, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 28, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Mfsb, National Association

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
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.669% 2.625% 0.63 $1,450 $1,005 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 Mfsb, National Association
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Branches

Mfsb, National Association 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


Mfsb, National Association Locations


Financial Details

Mfsb, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Mfsb, National Association. 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
Mfsb, National Association U.S. Bank Average
2.22% 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, Mfsb, National Association had $316,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $13,306,000 in equity and $942,000 in loans loss reserves. That gives it a Texas Ratio of 2.22%.

Return on Equity
Mfsb, National Association U.S. Bank Average
2.21% 7.80%

Mfsb, National Association has a Return on Equity of 2.21% 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
Mfsb, National Association U.S. Bank Average
10.78% 12.68%

Mfsb, National Association has a Capitalization of 10.78% 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.

Mfsb, National Association Balance Sheet Analysis

As of June 30, 2016, Mfsb, National Association had assets of $123,216,000, loans of $81,461,000, and deposits of $98,983,000. 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 $ 81.46 million
Loan loss allowance $ 0.94 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 N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 98.98 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 $ 123.41 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 Mfsb, National Association’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Ohio, Mfsb, National Association 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 41.32
Multifamily
Mortgages
7.22
Credit Card Loans 0.00
Consumer Auto Loans 8.03
Small Business Loans 18.63
Construction and Development Loans 4.02
Commercial Real Estate 28.59
Commercial and Industrial Loans 10.56
Farm Loans 0.26

Frequently Asked Questions About Mfsb, National Association

Branches and Savings

Is Mfsb, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #30001.

Why does Mfsb, National Association pay such low interest on savings accounts?

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

Why are Mfsb, National Association CD rates not competitive?

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

Is Mfsb, National Association a commercial bank?

Yes

Where are Mfsb, National Association locations?

See branch locations nearby.

Is Mfsb, National Association open on Saturdays?

Is Mfsb, National Association open on Sundays?

What time does Mfsb, National Association open?

What time does Mfsb, National Association close?

Are Mfsb, National Association ATMs Open 24/7?

Do Mfsb, National Association ATMs accept cash deposits?

Can Mfsb, National Association customers use other ATMs?

Do Mfsb, National Association branches have notaries?

Will Mfsb, National Association notarize my document?

What address for Mfsb, National Association should I put for incoming ACH transfers?

Will the Mfsb, National Association branch print checks?

Do Mfsb, National Association checks expire?

Does Mfsb, National Association require US citizenship to open account?

Can Mfsb, National Association close my account?

Does Mfsb, National Association Report to credit bureaus?

Does Mfsb, National Association Use Equifax?

What is Mfsb, National Association's ACH Routing Number?

What is Mfsb, National Association's SWIFT code?

Products

Does Mfsb, National Association offer mortgages?

Compare mortgage rates here.

Does Mfsb, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Mfsb, National Association offer personal loans?

Compare personal loan rates here.

Does Mfsb, National Association offer student loans?

Will Mfsb, National Association cash a check?

Will Mfsb, National Association redeem a savings bond?

Does Mfsb, National Association cash savings bonds?

Will Mfsb, National Association cash money orders?

Can Mfsb, National Association issue a money order?

Does Mfsb, National Association do currency exchange?

Background on The Bank

Who owns Mfsb, National Association?

How long has Mfsb, National Association been around?

Can Mfsb, National Association transfer to other banks?

Does Mfsb, National Association have quick pay?

Does Mfsb, National Association accept rolled coins?

Will Mfsb, National Association accept loose change?

Where is Mfsb, National Association headquarters?

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