Muleshoe State Bank

Headquarters

101 West American Boulevard
Muleshoe, TX 79347
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 2.25% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Muleshoe State Bank is an FDIC insured institution located in Muleshoe, TX. It was founded in 1931 and has approximately $0.11 billion in assets.

FDIC Insured Yes
FDIC Certificate # 11939
Date Established 1931
Assets $ 109.02 million
Loans $ 48.67 million
Deposits $ 103.75 million
Capital $ 8.59 million
 

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

Deposit Rates - September 19, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - September 19, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Muleshoe State 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

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.815% 2.750% 0.88 $2,118 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 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
2.990 %
$0 Learn More
More Info

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

Branches

Muleshoe 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:
Ashburn,Virginia


Muleshoe State Bank Locations


Financial Details

Muleshoe State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Muleshoe 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
Muleshoe State Bank U.S. Bank Average
0.02% 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, Muleshoe State Bank had $2,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $8,587,000 in equity and $612,000 in loans loss reserves. That gives it a Texas Ratio of 0.02%.

Return on Equity
Muleshoe State Bank U.S. Bank Average
6.79% 7.80%

Muleshoe State Bank has a Return on Equity of 6.79% 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
Muleshoe State Bank U.S. Bank Average
7.88% 12.68%

Muleshoe State Bank has a Capitalization of 7.88% 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.

Muleshoe State Bank Balance Sheet Analysis

As of March 31, 2017, Muleshoe State Bank had assets of $113,444,000, loans of $48,674,000, and deposits of $103,751,000. 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 $ 48.67 million
Loan loss allowance $ 0.61 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 $ 103.75 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 $ 109.02 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 Muleshoe State Bank’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and Farm Loans.

Compared to other banks in Texas, Muleshoe State Bank has a significantly higher percent of Small Business Loans, Commercial and Industrial 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 10.41
Multifamily
Mortgages
0.23
Credit Card Loans 0.00
Consumer Auto Loans 5.36
Small Business Loans 11.93
Construction and Development Loans 0.88
Commercial Real Estate 18.40
Commercial and Industrial Loans 32.45
Farm Loans 12.74

Frequently Asked Questions About Muleshoe State Bank

Branches and Savings

Is Muleshoe State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #11939.

Why does Muleshoe 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 Muleshoe State Bank CD rates not competitive?

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

Is Muleshoe State Bank a commercial bank?

Yes

Where are Muleshoe State Bank locations?

See branch locations nearby.

Is Muleshoe State Bank open on Saturdays?

Is Muleshoe State Bank open on Sundays?

What time does Muleshoe State Bank open?

What time does Muleshoe State Bank close?

Are Muleshoe State Bank ATMs Open 24/7?

Do Muleshoe State Bank ATMs accept cash deposits?

Can Muleshoe State Bank customers use other ATMs?

Do Muleshoe State Bank branches have notaries?

Will Muleshoe State Bank notarize my document?

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

Will the Muleshoe State Bank branch print checks?

Do Muleshoe State Bank checks expire?

Does Muleshoe State Bank require US citizenship to open account?

Can Muleshoe State Bank close my account?

Does Muleshoe State Bank Report to credit bureaus?

Does Muleshoe State Bank Use Equifax?

What is Muleshoe State Bank's ACH Routing Number?

What is Muleshoe State Bank's SWIFT code?

Products

Does Muleshoe State Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Muleshoe State Bank offer personal loans?

Compare personal loan rates here.

Does Muleshoe State Bank offer student loans?

Will Muleshoe State Bank cash a check?

Will Muleshoe State Bank redeem a savings bond?

Does Muleshoe State Bank cash savings bonds?

Will Muleshoe State Bank cash money orders?

Can Muleshoe State Bank issue a money order?

Does Muleshoe State Bank do currency exchange?

Background on The Bank

Who owns Muleshoe State Bank?

How long has Muleshoe State Bank been around?

Can Muleshoe State Bank transfer to other banks?

Does Muleshoe State Bank have quick pay?

Does Muleshoe State Bank accept rolled coins?

Will Muleshoe State Bank accept loose change?

Where is Muleshoe State Bank headquarters?

Customer Reviews for Muleshoe State Bank

There are currently no comments for Muleshoe State Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →