National Bank of Sallisaw

Headquarters

1000 South Kerr Boulevard
Sallisaw, OK 74955
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

National Bank of Sallisaw is an FDIC insured institution located in Sallisaw, OK. It was founded in 1928 and has approximately $0.11 billion in assets.

FDIC Insured Yes
FDIC Certificate # 6008
Date Established 1928
Assets $ 109.42 million
Loans $ 51.43 million
Deposits $ 96.30 million
Capital $ 12.84 million
 

For a more detailed analysis of National Bank of Sallisaw'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 National Bank of Sallisaw

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




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Note to National Bank of Sallisaw
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Branches

National Bank of Sallisaw 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


National Bank of Sallisaw Locations


Financial Details

National Bank of Sallisaw Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of National Bank of Sallisaw. 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
National Bank of Sallisaw U.S. Bank Average
4.27% 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, National Bank of Sallisaw had $118,000 in non-current loans and $463,000 in owned real estate. To cover these potential losses it had $12,836,000 in equity and $767,000 in loans loss reserves. That gives it a Texas Ratio of 4.27%.

Return on Equity
National Bank of Sallisaw U.S. Bank Average
11.06% 7.80%

National Bank of Sallisaw has a Return on Equity of 11.06% 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
National Bank of Sallisaw U.S. Bank Average
11.73% 12.68%

National Bank of Sallisaw has a Capitalization of 11.73% 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.

National Bank of Sallisaw Balance Sheet Analysis

As of December 31, 2013, National Bank of Sallisaw had assets of $109,423,000, loans of $51,426,000, and deposits of $96,304,000. 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 $ 51.43 million
Loan loss allowance $ 0.77 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.46 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 96.30 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 $ 109.42 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 National Bank of Sallisaw’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Oklahoma, National Bank of Sallisaw 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 14.65
Multifamily
Mortgages
0.40
Credit Card Loans 0.00
Consumer Auto Loans 1.25
Small Business Loans 16.32
Construction and Development Loans 2.29
Commercial Real Estate 34.13
Commercial and Industrial Loans 10.91
Farm Loans 13.58

Frequently Asked Questions About National Bank Of Sallisaw

Branches and Savings

Is National Bank Of Sallisaw FDIC insured?

Yes. It is covered under FDIC Certificate #6008.

Why does National Bank Of Sallisaw pay such low interest on savings accounts?

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

Why are National Bank Of Sallisaw CD rates not competitive?

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

Is National Bank Of Sallisaw a commercial bank?

Yes

Where are National Bank Of Sallisaw locations?

See branch locations nearby.

Is National Bank Of Sallisaw open on Saturdays?

Is National Bank Of Sallisaw open on Sundays?

What time does National Bank Of Sallisaw open?

What time does National Bank Of Sallisaw close?

Are National Bank Of Sallisaw ATMs Open 24/7?

Do National Bank Of Sallisaw ATMs accept cash deposits?

Can National Bank Of Sallisaw customers use other ATMs?

Do National Bank Of Sallisaw branches have notaries?

Will National Bank Of Sallisaw notarize my document?

What address for National Bank Of Sallisaw should I put for incoming ACH transfers?

Will the National Bank Of Sallisaw branch print checks?

Do National Bank Of Sallisaw checks expire?

Does National Bank Of Sallisaw require US citizenship to open account?

Can National Bank Of Sallisaw close my account?

Does National Bank Of Sallisaw Report to credit bureaus?

Does National Bank Of Sallisaw Use Equifax?

What is National Bank Of Sallisaw's ACH Routing Number?

What is National Bank Of Sallisaw's SWIFT code?

Products

Does National Bank Of Sallisaw offer mortgages?

Compare mortgage rates here.

Does National Bank Of Sallisaw offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does National Bank Of Sallisaw offer personal loans?

Compare personal loan rates here.

Does National Bank Of Sallisaw offer student loans?

Will National Bank Of Sallisaw cash a check?

Will National Bank Of Sallisaw redeem a savings bond?

Does National Bank Of Sallisaw cash savings bonds?

Will National Bank Of Sallisaw cash money orders?

Can National Bank Of Sallisaw issue a money order?

Does National Bank Of Sallisaw do currency exchange?

Background on The Bank

Who owns National Bank Of Sallisaw?

How long has National Bank Of Sallisaw been around?

Can National Bank Of Sallisaw transfer to other banks?

Does National Bank Of Sallisaw have quick pay?

Does National Bank Of Sallisaw accept rolled coins?

Will National Bank Of Sallisaw accept loose change?

Where is National Bank Of Sallisaw headquarters?

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