Rolfe State Bank

316 Garfield
Rolfe, IA 50581

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 15575
Date Established 1934
Assets $0.04 billion
Loans $0.03 billion
Deposits $0.04 billion
Capital $0.01 billion

Rolfe State Bank is an FDIC insured institution located in Rolfe, IA. It was founded in 1934 and has approximately $0.04 billion in assets. Customers can open an account at one of its 2 branches.

For a more detailed analysis of Rolfe State 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 Rolfe State Bank’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Iowa, Rolfe State Bank has a significantly higher percent of Credit Card Loans, Farm 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 7.35
Multifamily
Mortgages
0.26
Credit Card Loans 0.42
Consumer Auto Loans 1.31
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 4.66
Commercial and Industrial Loans 14.69
Farm Loans 46.00

Deposit Rates - August 17, 2018

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.50% $2,500 - Learn MoreShow Less
6 Mo CD 10K
0.50% $2,500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.75% $1,000 - Learn MoreShow Less
Special: 20 Mo FIRA
2.05% $5,000 $9,999 Learn MoreShow Less
Special: 20 Mo FIRA
2.15% $10,000 - Learn MoreShow Less
Special: 36 Mo FIRA
1.51% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
1.51% $500 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.10% $2,500 - Learn MoreShow Less
PREMM Rates APY MIN MAX
Premium MM 10K
0.15% $10,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1 $999 Learn MoreShow Less
Int Ckg 2.5K
0.05% $1,000 - Learn MoreShow Less

Loan Rates - August 17, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Rolfe 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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.325% 4.250% 0.50 $2,354 $1,230 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.740% $291.47 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More

Note to Rolfe State Bank
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Branches

Rolfe 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


Rolfe State Bank Locations

Financial Details

Rolfe State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Rolfe 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
Rolfe State Bank U.S. Bank Average
14.02% 7.92%

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 March 31, 2018, Rolfe State Bank had $811,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $5,447,000 in equity and $338,000 in loans loss reserves. That gives it a Texas Ratio of 14.02%.

Return on Equity
Rolfe State Bank U.S. Bank Average
8.6% 9.35%

Rolfe State Bank has a Return on Equity of 8.6% versus the BestCashCow average of 9.35%. 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
Rolfe State Bank U.S. Bank Average
12.53% 12.01%

Rolfe State Bank has a Capitalization of 12.53% versus the BestCashCow average of 12.01. 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.

Rolfe State Bank Balance Sheet Analysis

As of March 31, 2018, Rolfe State Bank had assets of $43,488,000, loans of $25,686,000, and deposits of $37,544,000. 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

ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.00 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.03 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 $0.04 billion
LIABILITIES
Total deposits $0.04 billion
      Interest-bearing deposits $0.03 billion
      Deposits held in domestic offices $0.04 billion
      % insured (estimated) 92.92%
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 $0.04 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 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 Rolfe State Bank

Branches and Savings

Is Rolfe State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #15575.

Why does Rolfe 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 Rolfe State Bank CD rates not competitive?

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

Is Rolfe State Bank a commercial bank?

Yes

Where are Rolfe State Bank locations?

See branch locations nearby.

Is Rolfe State Bank open on Saturdays?

Is Rolfe State Bank open on Sundays?

What time does Rolfe State Bank open?

What time does Rolfe State Bank close?

Are Rolfe State Bank ATMs Open 24/7?

Do Rolfe State Bank ATMs accept cash deposits?

Can Rolfe State Bank customers use other ATMs?

Do Rolfe State Bank branches have notaries?

Will Rolfe State Bank notarize my document?

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

Will the Rolfe State Bank branch print checks?

Do Rolfe State Bank checks expire?

Does Rolfe State Bank require US citizenship to open account?

Can Rolfe State Bank close my account?

Does Rolfe State Bank Report to credit bureaus?

Does Rolfe State Bank Use Equifax?

What is Rolfe State Bank's ACH Routing Number?

What is Rolfe State Bank's SWIFT code?

Products

Does Rolfe State Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Rolfe State Bank offer personal loans?

Compare personal loan rates here.

Does Rolfe State Bank offer student loans?

Will Rolfe State Bank cash a check?

Will Rolfe State Bank redeem a savings bond?

Does Rolfe State Bank cash savings bonds?

Will Rolfe State Bank cash money orders?

Can Rolfe State Bank issue a money order?

Does Rolfe State Bank do currency exchange?

Background on The Bank

Who owns Rolfe State Bank?

How long has Rolfe State Bank been around?

Can Rolfe State Bank transfer to other banks?

Does Rolfe State Bank have quick pay?

Does Rolfe State Bank accept rolled coins?

Will Rolfe State Bank accept loose change?

Where is Rolfe State Bank headquarters?

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