PREMIER BANK OF ARKANSAS

Headquarters

205 Block Street
Marion, AR 72364
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.25% →
1-Year CD 0.24% 0.95% →
2-Year CD 0.33% 1.05% →
5-Year CD 0.51% 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

PREMIER BANK OF ARKANSAS is an FDIC insured institution located in Marion, AR. It was founded in 1998 and has approximately $0.17 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 34887
Date Established 1998
Assets $ 168.66 million
Loans $ 121.07 million
Deposits $ 143.16 million
Capital $ 24.46 million
 

For a more detailed analysis of PREMIER BANK OF ARKANSAS'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
0.10% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.16% $10,000 $14,999 Learn More
6 Mo CD
0.16% $100,000 $199,999 Learn More
12 Mo CD
0.24% $10,000 $14,999 Learn More
12 Mo CD
0.24% $100,000 $199,999 Learn More
18 Mo CD
0.29% $10,000 $14,999 Learn More
18 Mo CD
0.29% $100,000 $199,999 Learn More
24 Mo CD
0.33% $10,000 $14,999 Learn More
24 Mo CD
0.33% $100,000 $199,999 Learn More
30 Mo CD
0.35% $10,000 $14,999 Learn More
30 Mo CD
0.35% $100,000 $199,999 Learn More
36 Mo CD
0.38% $10,000 $14,999 Learn More
36 Mo CD
0.38% $100,000 $199,999 Learn More
48 Mo CD
0.42% $10,000 $14,999 Learn More
48 Mo CD
0.42% $100,000 $199,999 Learn More
60 Mo CD
0.51% $10,000 $14,999 Learn More
60 Mo CD
0.51% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1 $99 Learn MoreShow Less
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for PREMIER BANK OF ARKANSAS

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
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,122 $1,021 Learn More

Featured - Connecticut 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 PREMIER BANK OF ARKANSAS
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Branches

PREMIER BANK OF ARKANSAS 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


PREMIER BANK OF ARKANSAS Locations


Financial Details

PREMIER BANK OF ARKANSAS Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of PREMIER BANK OF ARKANSAS. 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
PREMIER BANK OF ARKANSAS U.S. Bank Average
7.48% 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, PREMIER BANK OF ARKANSAS had $1,499,000 in non-current loans and $451,000 in owned real estate. To cover these potential losses it had $24,464,000 in equity and $1,602,000 in loans loss reserves. That gives it a Texas Ratio of 7.48%.

Return on Equity
PREMIER BANK OF ARKANSAS U.S. Bank Average
6.25% 7.80%

PREMIER BANK OF ARKANSAS has a Return on Equity of 6.25% 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
PREMIER BANK OF ARKANSAS U.S. Bank Average
14.5% 12.68%

PREMIER BANK OF ARKANSAS has a Capitalization of 14.5% 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.

PREMIER BANK OF ARKANSAS Balance Sheet Analysis

As of March 31, 2020, PREMIER BANK OF ARKANSAS had assets of $168,664,000, loans of $121,074,000, and deposits of $143,163,000. 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 $ 29.66 million
Interest-bearing balances $ 27.46 million
Total securities $ 9.53 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 121.07 million
Loan loss allowance $ 1.60 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.45 million
Goodwill and other intangibles N.A.
All other assets $ 3.93 million
     Total Assets $ 144.20 million
LIABILITIES
Total deposits $ 143.16 million
      Interest-bearing deposits $ 105.63 million
      Deposits held in domestic offices $ 143.16 million
      % insured (estimated) 84.07%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 1.04 million
      Total Liabilities $ 144.20 million
      Shareholders’ Equity $ 24.46 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.75 million
Total Interest Expense $ 0.28 million
Net interest income $ 1.47 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.35 million
Total non interest expense $ 1.32 million
Pre-tax Net Operating Income $ 0.50 million

Bank Loan Profile?

The top three loan types in PREMIER BANK OF ARKANSAS’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Arkansas, PREMIER BANK OF ARKANSAS has a significantly higher percent of Small Business Loans, Commercial Real Estate 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 28.85
Multifamily
Mortgages
0.36
Credit Card Loans 0.00
Consumer Auto Loans 0.76
Small Business Loans 20.02
Construction and Development Loans 8.49
Commercial Real Estate 44.52
Commercial and Industrial Loans 12.56
Farm Loans 1.63

Frequently Asked Questions About Premier Bank Of Arkansas

Branches and Savings

Is Premier Bank Of Arkansas FDIC insured?

Yes. It is covered under FDIC Certificate #34887.

Why does Premier Bank Of Arkansas pay such low interest on savings accounts?

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

Why are Premier Bank Of Arkansas CD rates not competitive?

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

Is Premier Bank Of Arkansas a commercial bank?

Yes

Where are Premier Bank Of Arkansas locations?

See branch locations nearby.

Is Premier Bank Of Arkansas open on Saturdays?

Is Premier Bank Of Arkansas open on Sundays?

What time does Premier Bank Of Arkansas open?

What time does Premier Bank Of Arkansas close?

Are Premier Bank Of Arkansas ATMs Open 24/7?

Do Premier Bank Of Arkansas ATMs accept cash deposits?

Can Premier Bank Of Arkansas customers use other ATMs?

Do Premier Bank Of Arkansas branches have notaries?

Will Premier Bank Of Arkansas notarize my document?

What address for Premier Bank Of Arkansas should I put for incoming ACH transfers?

Will the Premier Bank Of Arkansas branch print checks?

Do Premier Bank Of Arkansas checks expire?

Does Premier Bank Of Arkansas require US citizenship to open account?

Can Premier Bank Of Arkansas close my account?

Does Premier Bank Of Arkansas Report to credit bureaus?

Does Premier Bank Of Arkansas Use Equifax?

What is Premier Bank Of Arkansas's ACH Routing Number?

What is Premier Bank Of Arkansas's SWIFT code?

Products

Does Premier Bank Of Arkansas offer mortgages?

Compare mortgage rates here.

Does Premier Bank Of Arkansas offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Premier Bank Of Arkansas offer personal loans?

Compare personal loan rates here.

Does Premier Bank Of Arkansas offer student loans?

Will Premier Bank Of Arkansas cash a check?

Will Premier Bank Of Arkansas redeem a savings bond?

Does Premier Bank Of Arkansas cash savings bonds?

Will Premier Bank Of Arkansas cash money orders?

Can Premier Bank Of Arkansas issue a money order?

Does Premier Bank Of Arkansas do currency exchange?

Background on The Bank

Who owns Premier Bank Of Arkansas?

How long has Premier Bank Of Arkansas been around?

Can Premier Bank Of Arkansas transfer to other banks?

Does Premier Bank Of Arkansas have quick pay?

Does Premier Bank Of Arkansas accept rolled coins?

Will Premier Bank Of Arkansas accept loose change?

Where is Premier Bank Of Arkansas headquarters?

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