Putnam County Bank

2761 Main Street
Hurricane, WV 25526

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 15243
Date Established 1901
Assets $0.61 billion
Loans $0.35 billion
Deposits $0.52 billion
Capital $0.09 billion

Putnam County Bank is an FDIC insured institution located in Hurricane, WV. It was founded in 1901 and has approximately $0.61 billion in assets. Customers can open an account at one of its 3 branches.

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

Bank Loan Profile?

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

Compared to other banks, Putnam County 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 62.21
Multifamily
Mortgages
2.23
Credit Card Loans 0.00
Consumer Auto Loans 0.79
Small Business Loans 0.00
Construction and Development Loans 6.99
Commercial Real Estate 21.45
Commercial and Industrial Loans 7.45
Farm Loans 0.00

Deposit Rates - March 22, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
CD Rates APY MIN MAX
0.60% $1,000 $99,999 Learn MoreShow Less
3 Mo CD
0.60% $100,000 - Learn MoreShow Less
0.75% $1,000 $99,999 Learn MoreShow Less
6 Mo CD
0.75% $100,000 - Learn MoreShow Less
1.00% $1,000 $99,999 Learn MoreShow Less
12 Mo CD
1.00% $100,000 - Learn MoreShow Less
1.10% $1,000 $99,999 Learn MoreShow Less
18 Mo CD
1.10% $100,000 - Learn MoreShow Less
1.20% $1,000 $99,999 Learn MoreShow Less
24 Mo CD
1.20% $100,000 - Learn MoreShow Less
36 Mo CD
1.35% $1,000 $99,999 Learn MoreShow Less
36 Mo CD
1.35% $100,000 - Learn MoreShow Less
48 Mo CD
1.60% $1,000 $99,999 Learn MoreShow Less
48 Mo CD
1.60% $100,000 - Learn MoreShow Less

Variable IRA Rates APY MIN MAX
Var IRA
1.36% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.20% $1,000 - Learn MoreShow Less

Loan Rates - March 22, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Putnam County 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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.560% 4.560% 0.00 $0 $1,276 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info

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

Branches

Putnam County 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


Putnam County Bank Locations


Financial Details

Putnam County Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Putnam County 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
Putnam County Bank U.S. Bank Average
21.63% 7.34%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 September 30, 2018, Putnam County Bank had $18,584,000 in non-current loans and $1,614,000 in owned real estate. To cover these potential losses it had $86,488,000 in equity and $6,897,000 in loans loss reserves. That gives it a Texas Ratio of 21.63%.

Return on Equity
Putnam County Bank U.S. Bank Average
-0.44% 9.95%

Putnam County Bank has a Return on Equity of -0.44% versus the BestCashCow average of 9.95%. 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
Putnam County Bank U.S. Bank Average
14.2% 12.19%

Putnam County Bank has a Capitalization of 14.2% versus the BestCashCow average of 12.19. 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.

Putnam County Bank Balance Sheet Analysis

As of September 30, 2018, Putnam County Bank had assets of $609,190,000, loans of $346,854,000, and deposits of $518,057,000. 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

September 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.16 billion
Federal funds sold and reverse repurchase $0.08 billion
Net loans and leases $0.35 billion
Loan loss allowance $0.01 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.01 billion
     Total Assets $0.52 billion
LIABILITIES
Total deposits $0.52 billion
      Interest-bearing deposits $0.45 billion
      Deposits held in domestic offices $0.52 billion
      % insured (estimated) 80.19%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.52 billion
      Shareholders’ Equity $0.09 billion

Summary Income Statement

September 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.01 billion
Total non interest income $-0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $-0.00 billion

Frequently Asked Questions About Putnam County Bank

Branches and Savings

Is Putnam County Bank FDIC insured?

Yes. It is covered under FDIC Certificate #15243.

Why does Putnam County Bank pay such low interest on savings accounts?

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

Why are Putnam County Bank CD rates not competitive?

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

Is Putnam County Bank a commercial bank?

Yes

Where are Putnam County Bank locations?

See branch locations nearby.

Is Putnam County Bank open on Saturdays?

Is Putnam County Bank open on Sundays?

What time does Putnam County Bank open?

What time does Putnam County Bank close?

Are Putnam County Bank ATMs Open 24/7?

Do Putnam County Bank ATMs accept cash deposits?

Can Putnam County Bank customers use other ATMs?

Do Putnam County Bank branches have notaries?

Will Putnam County Bank notarize my document?

What address for Putnam County Bank should I put for incoming ACH transfers?

Will the Putnam County Bank branch print checks?

Do Putnam County Bank checks expire?

Does Putnam County Bank require US citizenship to open account?

Can Putnam County Bank close my account?

Does Putnam County Bank Report to credit bureaus?

Does Putnam County Bank Use Equifax?

What is Putnam County Bank's ACH Routing Number?

What is Putnam County Bank's SWIFT code?

Products

Does Putnam County Bank offer mortgages?

Compare mortgage rates here.

Does Putnam County Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Putnam County Bank offer personal loans?

Compare personal loan rates here.

Does Putnam County Bank offer student loans?

Will Putnam County Bank cash a check?

Will Putnam County Bank redeem a savings bond?

Does Putnam County Bank cash savings bonds?

Will Putnam County Bank cash money orders?

Can Putnam County Bank issue a money order?

Does Putnam County Bank do currency exchange?

Background on The Bank

Who owns Putnam County Bank?

How long has Putnam County Bank been around?

Can Putnam County Bank transfer to other banks?

Does Putnam County Bank have quick pay?

Does Putnam County Bank accept rolled coins?

Will Putnam County Bank accept loose change?

Where is Putnam County Bank headquarters?

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