Minden Exchange Bank & Trust Company

448 North Minden Avenue
Minden, NE 68959

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 5439
Date Established 1883
Assets $0.15 billion
Loans $0.09 billion
Deposits $0.11 billion
Capital $0.03 billion

Minden Exchange Bank & Trust Company is an FDIC insured institution located in Minden, NE. It was founded in 1883 and has approximately $0.15 billion in assets.

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

Deposit Rates - September 18, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.40% $1,000 - Learn MoreShow Less
Premium Money Market Account
0.40% $20,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.70% $1,000 - Learn MoreShow Less
6 Mo CD
0.90% $1,000 - Learn MoreShow Less
12 Mo CD
1.00% $500 - Learn MoreShow Less
24 Mo CD
1.71% $500 - Learn MoreShow Less
36 Mo CD
2.02% $500 - Learn MoreShow Less
48 Mo CD
2.12% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
2.02% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
2.02% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.20% $500 - Learn MoreShow Less

Loan Rates - September 18, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Minden Exchange Bank & Trust Company

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
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.538% 3.500% 0.50 $1,175 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info

Note to Minden Exchange Bank & Trust Company
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Branches

Minden Exchange Bank & Trust Company 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


Minden Exchange Bank & Trust Company Locations


Financial Details

Minden Exchange Bank & Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Minden Exchange Bank & Trust Company. 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
Minden Exchange Bank & Trust Company U.S. Bank Average
0.06% 6.94%

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 March 31, 2019, Minden Exchange Bank & Trust Company had $18,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $27,545,000 in equity and $2,018,000 in loans loss reserves. That gives it a Texas Ratio of 0.06%.

Return on Equity
Minden Exchange Bank & Trust Company U.S. Bank Average
6.38% 9.47%

Minden Exchange Bank & Trust Company has a Return on Equity of 6.38% versus the BestCashCow average of 9.47%. 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
Minden Exchange Bank & Trust Company U.S. Bank Average
18.97% 12.49%

Minden Exchange Bank & Trust Company has a Capitalization of 18.97% versus the BestCashCow average of 12.49. 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.

Minden Exchange Bank & Trust Company Balance Sheet Analysis

As of March 31, 2019, Minden Exchange Bank & Trust Company had assets of $145,197,000, loans of $89,516,000, and deposits of $109,006,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.04 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.09 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 $0.01 billion
     Total Assets $0.12 billion
LIABILITIES
Total deposits $0.11 billion
      Interest-bearing deposits $0.09 billion
      Deposits held in domestic offices $0.11 billion
      % insured (estimated) 82.91%
Federal funds purchased and repurchase agreements $0.01 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 $0.12 billion
      Shareholders’ Equity $0.03 billion

Summary Income Statement

March 31, 2019
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

Bank Loan Profile?

The top three loan types in Minden Exchange Bank & Trust Company’s loan portfolio are Farm Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Nebraska, Minden Exchange Bank & Trust Company 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 2.28
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 1.74
Small Business Loans 8.95
Construction and Development Loans 1.00
Commercial Real Estate 15.66
Commercial and Industrial Loans 7.90
Farm Loans 44.18

Frequently Asked Questions About Minden Exchange Bank & Trust Company

Branches and Savings

Is Minden Exchange Bank & Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #5439.

Why does Minden Exchange Bank & Trust Company pay such low interest on savings accounts?

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

Why are Minden Exchange Bank & Trust Company CD rates not competitive?

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

Is Minden Exchange Bank & Trust Company a commercial bank?

Yes

Where are Minden Exchange Bank & Trust Company locations?

See branch locations nearby.

Is Minden Exchange Bank & Trust Company open on Saturdays?

Is Minden Exchange Bank & Trust Company open on Sundays?

What time does Minden Exchange Bank & Trust Company open?

What time does Minden Exchange Bank & Trust Company close?

Are Minden Exchange Bank & Trust Company ATMs Open 24/7?

Do Minden Exchange Bank & Trust Company ATMs accept cash deposits?

Can Minden Exchange Bank & Trust Company customers use other ATMs?

Do Minden Exchange Bank & Trust Company branches have notaries?

Will Minden Exchange Bank & Trust Company notarize my document?

What address for Minden Exchange Bank & Trust Company should I put for incoming ACH transfers?

Will the Minden Exchange Bank & Trust Company branch print checks?

Do Minden Exchange Bank & Trust Company checks expire?

Does Minden Exchange Bank & Trust Company require US citizenship to open account?

Can Minden Exchange Bank & Trust Company close my account?

Does Minden Exchange Bank & Trust Company Report to credit bureaus?

Does Minden Exchange Bank & Trust Company Use Equifax?

What is Minden Exchange Bank & Trust Company's ACH Routing Number?

What is Minden Exchange Bank & Trust Company's SWIFT code?

Products

Does Minden Exchange Bank & Trust Company offer mortgages?

Compare mortgage rates here.

Does Minden Exchange Bank & Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Minden Exchange Bank & Trust Company offer personal loans?

Compare personal loan rates here.

Does Minden Exchange Bank & Trust Company offer student loans?

Will Minden Exchange Bank & Trust Company cash a check?

Will Minden Exchange Bank & Trust Company redeem a savings bond?

Does Minden Exchange Bank & Trust Company cash savings bonds?

Will Minden Exchange Bank & Trust Company cash money orders?

Can Minden Exchange Bank & Trust Company issue a money order?

Does Minden Exchange Bank & Trust Company do currency exchange?

Background on The Bank

Who owns Minden Exchange Bank & Trust Company?

How long has Minden Exchange Bank & Trust Company been around?

Can Minden Exchange Bank & Trust Company transfer to other banks?

Does Minden Exchange Bank & Trust Company have quick pay?

Does Minden Exchange Bank & Trust Company accept rolled coins?

Will Minden Exchange Bank & Trust Company accept loose change?

Where is Minden Exchange Bank & Trust Company headquarters?

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