Savings Bank of Walpole

Headquarters

68 Ames Plaza Lane
Walpole, NH 03608
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.20% →
1-Year CD 0.30% 1.10% →
2-Year CD 0.65% 1.15% →
5-Year CD 1.15% 1.56% →
30-Year Mortgage 4.30% 3.09% →
15-Year Mortgage 4.04% 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Savings Bank of Walpole is an FDIC insured institution located in Walpole, NH. It was founded in 1875 and has approximately $0.46 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 18030
Date Established 1875
Assets $ 463.02 million
Loans $ 312.81 million
Deposits $ 420.98 million
Capital $ 38.46 million
 

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

Deposit Rates - August 7, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.15% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.15% $10,000 $14,999 Learn More
3 Mo CD
0.15% $100,000 $199,999 Learn More
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.20% $100,000 $199,999 Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
18 Mo CD
0.40% $10,000 $14,999 Learn More
18 Mo CD
0.40% $100,000 $199,999 Learn More
24 Mo CD
0.65% $10,000 $14,999 Learn More
24 Mo CD
0.65% $100,000 $199,999 Learn More
36 Mo CD
0.90% $10,000 $14,999 Learn More
36 Mo CD
0.90% $100,000 $199,999 Learn More
60 Mo CD
1.15% $10,000 $14,999 Learn More
60 Mo CD
1.15% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 7, 2020

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
3 Year 4.42% 3.75% $735.32
4 Year 4.39% 3.88% $563.13
5 Year 4.40% 3.99% $460.30
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

Savings Bank of Walpole 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


Savings Bank of Walpole Locations


Financial Details

Savings Bank of Walpole Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Savings Bank of Walpole. 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
Savings Bank of Walpole U.S. Bank Average
4.52% 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, Savings Bank of Walpole had $1,881,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $38,459,000 in equity and $3,117,000 in loans loss reserves. That gives it a Texas Ratio of 4.52%.

Return on Equity
Savings Bank of Walpole U.S. Bank Average
11.46% 7.80%

Savings Bank of Walpole has a Return on Equity of 11.46% 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
Savings Bank of Walpole U.S. Bank Average
8.31% 12.68%

Savings Bank of Walpole has a Capitalization of 8.31% 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.

Savings Bank of Walpole Balance Sheet Analysis

As of March 31, 2020, Savings Bank of Walpole had assets of $463,015,000, loans of $312,809,000, and deposits of $420,978,000. 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 $ 11.01 million
Interest-bearing balances $ 4.08 million
Total securities $ 81.97 million
Federal funds sold and reverse repurchase $ 40.00 million
Net loans and leases $ 312.81 million
Loan loss allowance $ 3.12 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 10.58 million
     Total Assets $ 424.56 million
LIABILITIES
Total deposits $ 420.98 million
      Interest-bearing deposits $ 379.31 million
      Deposits held in domestic offices $ 420.98 million
      % insured (estimated) 89.95%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 3.58 million
      Total Liabilities $ 424.56 million
      Shareholders’ Equity $ 38.46 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 3.90 million
Total Interest Expense $ 0.38 million
Net interest income $ 3.52 million
Provision for loan and lease losses $ 0.20 million
Total non interest income $ 0.54 million
Total non interest expense $ 2.80 million
Pre-tax Net Operating Income $ 1.07 million

Bank Loan Profile?

The top three loan types in Savings Bank of Walpole’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in New Hampshire, Savings Bank of Walpole has a significantly higher percent of Small Business 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 58.81
Multifamily
Mortgages
3.09
Credit Card Loans 0.00
Consumer Auto Loans 0.09
Small Business Loans 16.34
Construction and Development Loans 0.26
Commercial Real Estate 26.96
Commercial and Industrial Loans 10.66
Farm Loans 0.00

Frequently Asked Questions About Savings Bank Of Walpole

Branches and Savings

Is Savings Bank Of Walpole FDIC insured?

Yes. It is covered under FDIC Certificate #18030.

Why does Savings Bank Of Walpole pay such low interest on savings accounts?

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

Why are Savings Bank Of Walpole CD rates not competitive?

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

Is Savings Bank Of Walpole a commercial bank?

Yes

Where are Savings Bank Of Walpole locations?

See branch locations nearby.

Is Savings Bank Of Walpole open on Saturdays?

Is Savings Bank Of Walpole open on Sundays?

What time does Savings Bank Of Walpole open?

What time does Savings Bank Of Walpole close?

Are Savings Bank Of Walpole ATMs Open 24/7?

Do Savings Bank Of Walpole ATMs accept cash deposits?

Can Savings Bank Of Walpole customers use other ATMs?

Do Savings Bank Of Walpole branches have notaries?

Will Savings Bank Of Walpole notarize my document?

What address for Savings Bank Of Walpole should I put for incoming ACH transfers?

Will the Savings Bank Of Walpole branch print checks?

Do Savings Bank Of Walpole checks expire?

Does Savings Bank Of Walpole require US citizenship to open account?

Can Savings Bank Of Walpole close my account?

Does Savings Bank Of Walpole Report to credit bureaus?

Does Savings Bank Of Walpole Use Equifax?

What is Savings Bank Of Walpole's ACH Routing Number?

What is Savings Bank Of Walpole's SWIFT code?

Products

Does Savings Bank Of Walpole offer mortgages?

Compare mortgage rates here.

Does Savings Bank Of Walpole offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Savings Bank Of Walpole offer personal loans?

Compare personal loan rates here.

Does Savings Bank Of Walpole offer student loans?

Will Savings Bank Of Walpole cash a check?

Will Savings Bank Of Walpole redeem a savings bond?

Does Savings Bank Of Walpole cash savings bonds?

Will Savings Bank Of Walpole cash money orders?

Can Savings Bank Of Walpole issue a money order?

Does Savings Bank Of Walpole do currency exchange?

Background on The Bank

Who owns Savings Bank Of Walpole?

How long has Savings Bank Of Walpole been around?

Can Savings Bank Of Walpole transfer to other banks?

Does Savings Bank Of Walpole have quick pay?

Does Savings Bank Of Walpole accept rolled coins?

Will Savings Bank Of Walpole accept loose change?

Where is Savings Bank Of Walpole headquarters?

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