Montgomery Bank

Headquarters

One Montgomery Bank Plaza
Sikeston, MO 63801
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.11% 1.05% →
1-Year CD 0.15% 0.95% →
2-Year CD 0.32% 1.05% →
5-Year CD 0.60% 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

Montgomery Bank is an FDIC insured institution located in Sikeston, MO. It was founded in 1934 and has approximately $0.9 billion in assets. Customers can open an account at one of its 11 branches.

FDIC Insured Yes
FDIC Certificate # 8255
Date Established 1934
Assets $ 902.64 million
Loans $ 723.90 million
Deposits $ 737.49 million
Capital $ 82.83 million
 

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

Deposit Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.11% $2,500 $4,999 Learn More
Money Market
0.06% $2,500 $2,999 Learn More
Money Market
0.06% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $10,000 $14,999 Learn More
3 Mo CD
0.10% $100,000 $199,999 Learn More
Special: 5 Mo CD
0.35% $1,000 - Learn More
6 Mo CD
0.15% $10,000 $14,999 Learn More
6 Mo CD
0.15% $100,000 $199,999 Learn More
12 Mo CD
0.15% $10,000 $14,999 Learn More
12 Mo CD
0.15% $100,000 $199,999 Learn More
Special: 15 Mo CD
0.60% $1,000 - Learn More
18 Mo CD
0.32% $10,000 $14,999 Learn More
18 Mo CD
0.32% $100,000 $199,999 Learn More
24 Mo CD
0.32% $10,000 $14,999 Learn More
24 Mo CD
0.32% $100,000 $199,999 Learn More
Special: 25 Mo CD
0.60% $1,000 - Learn More
30 Mo CD
0.32% $10,000 $14,999 Learn More
30 Mo CD
0.32% $100,000 $199,999 Learn More
Special: 35 Mo CD
0.60% $1,000 - Learn More
36 Mo CD
0.32% $10,000 $14,999 Learn More
36 Mo CD
0.32% $100,000 $199,999 Learn More
48 Mo CD
0.32% $10,000 $14,999 Learn More
48 Mo CD
0.32% $100,000 $199,999 Learn More
Special: 60 Mo CD
0.60% $1,000 - Learn More
60 Mo CD
0.60% $10,000 $14,999 Learn More
60 Mo CD
0.60% $100,000 $199,999 Learn More

Fixed IRA Rates APY MIN MAX
Special: 5 Mo FIRA
0.35% $1,000 - Learn MoreShow Less
Special: 15 Mo FIRA
0.60% $1,000 - Learn MoreShow Less
Special: 25 Mo FIRA
0.60% $1,000 - Learn MoreShow Less
Special: 35 Mo FIRA
0.60% $1,000 - Learn MoreShow Less
Special: 60 Mo FIRA
0.60% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.11% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.07% $1 $99 Learn MoreShow Less
Int Ckg
0.07% $2,500 $3,499 Learn MoreShow Less
Checking Rates APY MIN FEE
Montgomery eBlue Checking Account 2.01% $0 $0.00 Learn MoreShow Less
Montgomery eTeen Checking 2.01% $0 $0.00 Learn MoreShow Less

Loan Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Montgomery Bank

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
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Montgomery Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Montgomery 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:
Fairfield,Connecticut


Montgomery Bank Locations


Financial Details

Montgomery Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Montgomery 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
Montgomery Bank U.S. Bank Average
7.94% 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, Montgomery Bank had $4,869,000 in non-current loans and $2,323,000 in owned real estate. To cover these potential losses it had $82,831,000 in equity and $7,708,000 in loans loss reserves. That gives it a Texas Ratio of 7.94%.

Return on Equity
Montgomery Bank U.S. Bank Average
12.98% 7.80%

Montgomery Bank has a Return on Equity of 12.98% 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
Montgomery Bank U.S. Bank Average
9.18% 12.68%

Montgomery Bank has a Capitalization of 9.18% 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.

Montgomery Bank Balance Sheet Analysis

As of March 31, 2020, Montgomery Bank had assets of $902,639,000, loans of $723,895,000, and deposits of $737,488,000. 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 $ 46.06 million
Interest-bearing balances $ 32.87 million
Total securities $ 58.68 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 723.90 million
Loan loss allowance $ 7.71 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.32 million
Goodwill and other intangibles $ 2.89 million
All other assets $ 30.09 million
     Total Assets $ 819.81 million
LIABILITIES
Total deposits $ 737.49 million
      Interest-bearing deposits $ 580.55 million
      Deposits held in domestic offices $ 737.49 million
      % insured (estimated) 69.47%
Federal funds purchased and repurchase agreements $ 44.24 million
Trading liabilities N.A.
Other borrowed funds $ 33.13 million
Subordinated debt N.A.
All other liabilities $ 4.95 million
      Total Liabilities $ 819.81 million
      Shareholders’ Equity $ 82.83 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 8.91 million
Total Interest Expense $ 1.39 million
Net interest income $ 7.52 million
Provision for loan and lease losses $ 0.02 million
Total non interest income $ 1.47 million
Total non interest expense $ 6.27 million
Pre-tax Net Operating Income $ 2.70 million

Bank Loan Profile?

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

Compared to other banks, Montgomery Bank’s loan portfolio does not show any specific loan specialty.

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 31.24
Multifamily
Mortgages
1.67
Credit Card Loans 0.00
Consumer Auto Loans 0.37
Small Business Loans 0.00
Construction and Development Loans 7.06
Commercial Real Estate 33.07
Commercial and Industrial Loans 18.09
Farm Loans 2.75

Frequently Asked Questions About Montgomery Bank

Branches and Savings

Is Montgomery Bank FDIC insured?

Yes. It is covered under FDIC Certificate #8255.

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

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

Why are Montgomery Bank CD rates not competitive?

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

Is Montgomery Bank a commercial bank?

Yes

Where are Montgomery Bank locations?

See branch locations nearby.

Is Montgomery Bank open on Saturdays?

Is Montgomery Bank open on Sundays?

What time does Montgomery Bank open?

What time does Montgomery Bank close?

Are Montgomery Bank ATMs Open 24/7?

Do Montgomery Bank ATMs accept cash deposits?

Can Montgomery Bank customers use other ATMs?

Do Montgomery Bank branches have notaries?

Will Montgomery Bank notarize my document?

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

Will the Montgomery Bank branch print checks?

Do Montgomery Bank checks expire?

Does Montgomery Bank require US citizenship to open account?

Can Montgomery Bank close my account?

Does Montgomery Bank Report to credit bureaus?

Does Montgomery Bank Use Equifax?

What is Montgomery Bank's ACH Routing Number?

What is Montgomery Bank's SWIFT code?

Products

Does Montgomery Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Montgomery Bank offer personal loans?

Compare personal loan rates here.

Does Montgomery Bank offer student loans?

Will Montgomery Bank cash a check?

Will Montgomery Bank redeem a savings bond?

Does Montgomery Bank cash savings bonds?

Will Montgomery Bank cash money orders?

Can Montgomery Bank issue a money order?

Does Montgomery Bank do currency exchange?

Background on The Bank

Who owns Montgomery Bank?

How long has Montgomery Bank been around?

Can Montgomery Bank transfer to other banks?

Does Montgomery Bank have quick pay?

Does Montgomery Bank accept rolled coins?

Will Montgomery Bank accept loose change?

Where is Montgomery Bank headquarters?

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