Moorhead State Bank

Headquarters

124 Oak Street
Moorhead, IA 51558
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

Moorhead State Bank is an FDIC insured institution located in Moorhead, IA. It was founded in 1900 and has approximately $0.02 billion in assets.

FDIC Insured Yes
FDIC Certificate # 960
Date Established 1900
Assets $ 18.92 million
Loans $ 16.24 million
Deposits $ 14.79 million
Capital $ 4.09 million
 

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

Deposit Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Moorhead State 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

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3.620% 3.500% 1.00 $3,750 $1,123 Learn More
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Featured - Connecticut Home Equity Line Of Credit Rates 2020

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4.000 %
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Third Federal Savings and Loans
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2.240 %
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Note to Moorhead State Bank
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Branches

Moorhead State 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


Moorhead State Bank Locations


Financial Details

Moorhead State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Moorhead State 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
Moorhead State Bank U.S. Bank Average
10.3% 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, Moorhead State Bank had $409,000 in non-current loans and $36,000 in owned real estate. To cover these potential losses it had $4,089,000 in equity and $230,000 in loans loss reserves. That gives it a Texas Ratio of 10.3%.

Return on Equity
Moorhead State Bank U.S. Bank Average
15.64% 7.80%

Moorhead State Bank has a Return on Equity of 15.64% 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
Moorhead State Bank U.S. Bank Average
21.61% 12.68%

Moorhead State Bank has a Capitalization of 21.61% 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.

Moorhead State Bank Balance Sheet Analysis

As of November 30, -0001, Moorhead State Bank had assets of $18,920,000, loans of $16,235,000, and deposits of $14,785,000. 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 $ 16.24 million
Loan loss allowance $ 0.23 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.04 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 14.79 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 $ 18.92 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 Moorhead State Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Moorhead State 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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Moorhead State Bank

Branches and Savings

Is Moorhead State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #960.

Why does Moorhead State Bank pay such low interest on savings accounts?

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

Why are Moorhead State Bank CD rates not competitive?

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

Is Moorhead State Bank a commercial bank?

Yes

Where are Moorhead State Bank locations?

See branch locations nearby.

Is Moorhead State Bank open on Saturdays?

Is Moorhead State Bank open on Sundays?

What time does Moorhead State Bank open?

What time does Moorhead State Bank close?

Are Moorhead State Bank ATMs Open 24/7?

Do Moorhead State Bank ATMs accept cash deposits?

Can Moorhead State Bank customers use other ATMs?

Do Moorhead State Bank branches have notaries?

Will Moorhead State Bank notarize my document?

What address for Moorhead State Bank should I put for incoming ACH transfers?

Will the Moorhead State Bank branch print checks?

Do Moorhead State Bank checks expire?

Does Moorhead State Bank require US citizenship to open account?

Can Moorhead State Bank close my account?

Does Moorhead State Bank Report to credit bureaus?

Does Moorhead State Bank Use Equifax?

What is Moorhead State Bank's ACH Routing Number?

What is Moorhead State Bank's SWIFT code?

Products

Does Moorhead State Bank offer mortgages?

Compare mortgage rates here.

Does Moorhead State Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Moorhead State Bank offer personal loans?

Compare personal loan rates here.

Does Moorhead State Bank offer student loans?

Will Moorhead State Bank cash a check?

Will Moorhead State Bank redeem a savings bond?

Does Moorhead State Bank cash savings bonds?

Will Moorhead State Bank cash money orders?

Can Moorhead State Bank issue a money order?

Does Moorhead State Bank do currency exchange?

Background on The Bank

Who owns Moorhead State Bank?

How long has Moorhead State Bank been around?

Can Moorhead State Bank transfer to other banks?

Does Moorhead State Bank have quick pay?

Does Moorhead State Bank accept rolled coins?

Will Moorhead State Bank accept loose change?

Where is Moorhead State Bank headquarters?

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