Roxboro Savings Bank, SSB

313 South Main Street
Roxboro, NC 27573

Notable Rates APY Vs.Others
Savings N.A. 2.20% →
1-Year CD N.A. 2.25% →
2-Year CD N.A. 2.30% →
5-Year CD N.A. 2.60% →
30-Year Mortgage 3.83% 3.31% →
15-Year Mortgage 3.40% 2.77% →
HELOC N.A. 4.00% →

2020 Overview

General Bank Information

Roxboro Savings Bank, SSB is an FDIC insured institution located in Roxboro, NC. It was founded in 1923 and has approximately $0.22 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 28471
Date Established 1923
Assets $0.22 billion
Loans $0.12 billion
Deposits $0.17 billion
Capital $0.05 billion
 

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

Deposit Rates - January 26, 2020

Your Current Location: Washington, WA 98109

There are currently no rates available for Roxboro Savings Bank, Ssb, but see these great savings and CD rates:

Advertiser Disclosure

Loan Rates - January 26, 2020

Your Current Location: Washington, WA 98109

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

Roxboro Savings Bank, SSB 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:
Seattle,Washington


Roxboro Savings Bank, SSB Locations


Financial Details

Roxboro Savings Bank, SSB Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Roxboro Savings Bank, SSB. 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
Roxboro Savings Bank, SSB U.S. Bank Average
3.4% 6.70%

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, 2019, Roxboro Savings Bank, SSB had $1,653,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $47,336,000 in equity and $1,239,000 in loans loss reserves. That gives it a Texas Ratio of 3.4%.

Return on Equity
Roxboro Savings Bank, SSB U.S. Bank Average
5.72% 9.72%

Roxboro Savings Bank, SSB has a Return on Equity of 5.72% versus the BestCashCow average of 9.72%. 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
Roxboro Savings Bank, SSB U.S. Bank Average
21.08% 12.89%

Roxboro Savings Bank, SSB has a Capitalization of 21.08% versus the BestCashCow average of 12.89. 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.

Roxboro Savings Bank, SSB Balance Sheet Analysis

As of September 30, 2019, Roxboro Savings Bank, SSB had assets of $224,586,000, loans of $118,361,000, and deposits of $168,731,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.08 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.12 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 $0.01 billion
     Total Assets $0.18 billion
LIABILITIES
Total deposits $0.17 billion
      Interest-bearing deposits $0.15 billion
      Deposits held in domestic offices $0.17 billion
      % insured (estimated) 90.99%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.01 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.18 billion
      Shareholders’ Equity $0.05 billion

Summary Income Statement

September 30, 2019
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

Bank Loan Profile?

The top three loan types in Roxboro Savings Bank, SSB’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks, Roxboro Savings Bank, SSB’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
2.57
Credit Card Loans 0.00
Consumer Auto Loans 0.20
Small Business Loans 0.00
Construction and Development Loans 5.50
Commercial Real Estate 28.12
Commercial and Industrial Loans 1.35
Farm Loans 0.00

Frequently Asked Questions About Roxboro Savings Bank, Ssb

Branches and Savings

Is Roxboro Savings Bank, Ssb FDIC insured?

Yes. It is covered under FDIC Certificate #28471.

Why does Roxboro Savings Bank, Ssb pay such low interest on savings accounts?

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

Why are Roxboro Savings Bank, Ssb CD rates not competitive?

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

Is Roxboro Savings Bank, Ssb a commercial bank?

Yes

Where are Roxboro Savings Bank, Ssb locations?

See branch locations nearby.

Is Roxboro Savings Bank, Ssb open on Saturdays?

Is Roxboro Savings Bank, Ssb open on Sundays?

What time does Roxboro Savings Bank, Ssb open?

What time does Roxboro Savings Bank, Ssb close?

Are Roxboro Savings Bank, Ssb ATMs Open 24/7?

Do Roxboro Savings Bank, Ssb ATMs accept cash deposits?

Can Roxboro Savings Bank, Ssb customers use other ATMs?

Do Roxboro Savings Bank, Ssb branches have notaries?

Will Roxboro Savings Bank, Ssb notarize my document?

What address for Roxboro Savings Bank, Ssb should I put for incoming ACH transfers?

Will the Roxboro Savings Bank, Ssb branch print checks?

Do Roxboro Savings Bank, Ssb checks expire?

Does Roxboro Savings Bank, Ssb require US citizenship to open account?

Can Roxboro Savings Bank, Ssb close my account?

Does Roxboro Savings Bank, Ssb Report to credit bureaus?

Does Roxboro Savings Bank, Ssb Use Equifax?

What is Roxboro Savings Bank, Ssb's ACH Routing Number?

What is Roxboro Savings Bank, Ssb's SWIFT code?

Products

Does Roxboro Savings Bank, Ssb offer mortgages?

Compare mortgage rates here.

Does Roxboro Savings Bank, Ssb offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Roxboro Savings Bank, Ssb offer personal loans?

Compare personal loan rates here.

Does Roxboro Savings Bank, Ssb offer student loans?

Will Roxboro Savings Bank, Ssb cash a check?

Will Roxboro Savings Bank, Ssb redeem a savings bond?

Does Roxboro Savings Bank, Ssb cash savings bonds?

Will Roxboro Savings Bank, Ssb cash money orders?

Can Roxboro Savings Bank, Ssb issue a money order?

Does Roxboro Savings Bank, Ssb do currency exchange?

Background on The Bank

Who owns Roxboro Savings Bank, Ssb?

How long has Roxboro Savings Bank, Ssb been around?

Can Roxboro Savings Bank, Ssb transfer to other banks?

Does Roxboro Savings Bank, Ssb have quick pay?

Does Roxboro Savings Bank, Ssb accept rolled coins?

Will Roxboro Savings Bank, Ssb accept loose change?

Where is Roxboro Savings Bank, Ssb headquarters?

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