Raccoon Valley Bank

1202 2nd Street
Perry, IA 50220

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 245
Date Established 1927
Assets $0.27 billion
Loans $0.18 billion
Deposits $0.24 billion
Capital $0.02 billion

Raccoon Valley Bank is an FDIC insured institution located in Perry, IA. It was founded in 1927 and has approximately $0.27 billion in assets. Customers can open an account at one of its 5 branches.

For a more detailed analysis of Raccoon Valley 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 Raccoon Valley Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Construction and Development Loans.

Compared to other banks in Iowa, Raccoon Valley Bank has a significantly higher percent of Multifamily Mortgages, Construction and Development 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 12.01
Multifamily
Mortgages
7.42
Credit Card Loans 0.00
Consumer Auto Loans 0.83
Small Business Loans 0.00
Construction and Development Loans 13.49
Commercial Real Estate 25.54
Commercial and Industrial Loans 18.78
Farm Loans 11.14

Deposit Rates - March 24, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $1 $9,999 Learn MoreShow Less
Money Market
0.20% $10,000 $24,999 Learn MoreShow Less
Money Market
0.25% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
6 Mo CD
0.60% $1,000 - Learn MoreShow Less
12 Mo CD
0.90% $1,000 - Learn MoreShow Less
18 Mo CD
1.05% $1,000 - Learn MoreShow Less
24 Mo CD
1.20% $1,000 - Learn MoreShow Less
30 Mo CD
1.35% $1,000 - Learn MoreShow Less
36 Mo CD
1.70% $1,000 - Learn MoreShow Less
48 Mo CD
1.85% $1,000 - Learn MoreShow Less
60 Mo CD
2.05% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.05% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.50% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $500 - Learn MoreShow Less

Loan Rates - March 24, 2019

Your Current Location: Virginia, VA 20146

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Raccoon Valley 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


Raccoon Valley Bank Locations


Financial Details

Raccoon Valley Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Raccoon Valley 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
Raccoon Valley Bank U.S. Bank Average
1.23% 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, Raccoon Valley Bank had $270,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $19,796,000 in equity and $2,230,000 in loans loss reserves. That gives it a Texas Ratio of 1.23%.

Return on Equity
Raccoon Valley Bank U.S. Bank Average
16.67% 9.95%

Raccoon Valley Bank has a Return on Equity of 16.67% 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
Raccoon Valley Bank U.S. Bank Average
7.39% 12.19%

Raccoon Valley Bank has a Capitalization of 7.39% 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.

Raccoon Valley Bank Balance Sheet Analysis

As of September 30, 2018, Raccoon Valley Bank had assets of $267,836,000, loans of $184,487,000, and deposits of $244,741,000. 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 $0.02 billion
Interest-bearing balances $0.01 billion
Total securities $0.06 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.18 billion
Loan loss allowance $0.00 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 $0.00 billion
     Total Assets $0.25 billion
LIABILITIES
Total deposits $0.24 billion
      Interest-bearing deposits $0.21 billion
      Deposits held in domestic offices $0.24 billion
      % insured (estimated) 71.25%
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 $0.25 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

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

Frequently Asked Questions About Raccoon Valley Bank

Branches and Savings

Is Raccoon Valley Bank FDIC insured?

Yes. It is covered under FDIC Certificate #245.

Why does Raccoon Valley Bank pay such low interest on savings accounts?

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

Why are Raccoon Valley Bank CD rates not competitive?

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

Is Raccoon Valley Bank a commercial bank?

Yes

Where are Raccoon Valley Bank locations?

See branch locations nearby.

Is Raccoon Valley Bank open on Saturdays?

Is Raccoon Valley Bank open on Sundays?

What time does Raccoon Valley Bank open?

What time does Raccoon Valley Bank close?

Are Raccoon Valley Bank ATMs Open 24/7?

Do Raccoon Valley Bank ATMs accept cash deposits?

Can Raccoon Valley Bank customers use other ATMs?

Do Raccoon Valley Bank branches have notaries?

Will Raccoon Valley Bank notarize my document?

What address for Raccoon Valley Bank should I put for incoming ACH transfers?

Will the Raccoon Valley Bank branch print checks?

Do Raccoon Valley Bank checks expire?

Does Raccoon Valley Bank require US citizenship to open account?

Can Raccoon Valley Bank close my account?

Does Raccoon Valley Bank Report to credit bureaus?

Does Raccoon Valley Bank Use Equifax?

What is Raccoon Valley Bank's ACH Routing Number?

What is Raccoon Valley Bank's SWIFT code?

Products

Does Raccoon Valley Bank offer mortgages?

Compare mortgage rates here.

Does Raccoon Valley Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Raccoon Valley Bank offer personal loans?

Compare personal loan rates here.

Does Raccoon Valley Bank offer student loans?

Will Raccoon Valley Bank cash a check?

Will Raccoon Valley Bank redeem a savings bond?

Does Raccoon Valley Bank cash savings bonds?

Will Raccoon Valley Bank cash money orders?

Can Raccoon Valley Bank issue a money order?

Does Raccoon Valley Bank do currency exchange?

Background on The Bank

Who owns Raccoon Valley Bank?

How long has Raccoon Valley Bank been around?

Can Raccoon Valley Bank transfer to other banks?

Does Raccoon Valley Bank have quick pay?

Does Raccoon Valley Bank accept rolled coins?

Will Raccoon Valley Bank accept loose change?

Where is Raccoon Valley Bank headquarters?

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