Signature Bank, National Association

4607 West Sylvania Avenue
Toledo, OH 43623

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57269
Date Established 2002
Assets $0.91 billion
Loans $0.77 billion
Deposits $0.82 billion
Capital $0.09 billion

Signature Bank, National Association is an FDIC insured institution located in Toledo, OH. It was founded in 2002 and has approximately $0.91 billion in assets. Customers can open an account at one of its 2 branches.

For a more detailed analysis of Signature Bank, National Association'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 Signature Bank, National Association’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Ohio, Signature Bank, National Association has a significantly higher percent of Commercial Real Estate, Commercial and Industrial 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 13.60
Multifamily
Mortgages
5.52
Credit Card Loans 0.06
Consumer Auto Loans 0.03
Small Business Loans 9.46
Construction and Development Loans 4.09
Commercial Real Estate 39.12
Commercial and Industrial Loans 30.34
Farm Loans 0.00

Deposit Rates - April 21, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.45% $2,500 $24,999 Learn MoreShow Less
Money Market
0.50% $25,000 $99,999 Learn MoreShow Less
CD Rates APY MIN MAX
0.75% $5,000 $49,999 Learn MoreShow Less
3 Mo CD
0.85% $100,000 - Learn MoreShow Less
0.85% $5,000 $49,999 Learn MoreShow Less
6 Mo CD
1.25% $100,000 - Learn MoreShow Less
1.70% $5,000 $49,999 Learn MoreShow Less
12 Mo CD
2.45% $100,000 - Learn MoreShow Less
1.70% $5,000 $49,999 Learn MoreShow Less
18 Mo CD
2.45% $100,000 - Learn MoreShow Less
1.85% $5,000 $49,999 Learn MoreShow Less
24 Mo CD
2.50% $100,000 - Learn MoreShow Less
1.85% $5,000 $49,999 Learn MoreShow Less
2.00% $5,000 $49,999 Learn MoreShow Less
36 Mo CD
2.75% $100,000 - Learn MoreShow Less
2.00% $5,000 $49,999 Learn MoreShow Less
48 Mo CD
2.75% $100,000 - Learn MoreShow Less
2.00% $5,000 $49,999 Learn MoreShow Less
60 Mo CD
2.65% $100,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
1.70% $5,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
0.25% $2,500 $9,999 Learn MoreShow Less

Loan Rates - April 21, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Signature Bank, National Association

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
4.875% 4.875% 0.00 $0 $1,324 Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: MC-1875
4.030% 4.000% 0.38 $892 $1,194 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

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

Note to Signature Bank, National Association
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Signature Bank, National Association 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


Signature Bank, National Association Locations


Financial Details

Signature Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Signature Bank, National Association. 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
Signature Bank, National Association U.S. Bank Average
0.39% 6.97%

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 December 31, 2018, Signature Bank, National Association had $405,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $94,069,000 in equity and $8,516,000 in loans loss reserves. That gives it a Texas Ratio of 0.39%.

Return on Equity
Signature Bank, National Association U.S. Bank Average
13.72% 8.80%

Signature Bank, National Association has a Return on Equity of 13.72% versus the BestCashCow average of 8.80%. 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
Signature Bank, National Association U.S. Bank Average
10.3% 12.29%

Signature Bank, National Association has a Capitalization of 10.3% versus the BestCashCow average of 12.29. 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.

Signature Bank, National Association Balance Sheet Analysis

As of December 31, 2018, Signature Bank, National Association had assets of $913,703,000, loans of $768,404,000, and deposits of $817,304,000. 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

December 31, 2018
ASSETS
Cash & Balances due from depository institutions $0.13 billion
Interest-bearing balances $0.11 billion
Total securities $0.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.77 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 $0.82 billion
LIABILITIES
Total deposits $0.82 billion
      Interest-bearing deposits $0.54 billion
      Deposits held in domestic offices $0.82 billion
      % insured (estimated) 61.37%
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 $0.82 billion
      Shareholders’ Equity $0.09 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.04 billion
Total Interest Expense $0.00 billion
Net interest income $0.03 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.02 billion
Pre-tax Net Operating Income $0.02 billion

Frequently Asked Questions About Signature Bank, National Association

Branches and Savings

Is Signature Bank, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #57269.

Why does Signature Bank, National Association pay such low interest on savings accounts?

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

Why are Signature Bank, National Association CD rates not competitive?

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

Is Signature Bank, National Association a commercial bank?

Yes

Where are Signature Bank, National Association locations?

See branch locations nearby.

Is Signature Bank, National Association open on Saturdays?

Is Signature Bank, National Association open on Sundays?

What time does Signature Bank, National Association open?

What time does Signature Bank, National Association close?

Are Signature Bank, National Association ATMs Open 24/7?

Do Signature Bank, National Association ATMs accept cash deposits?

Can Signature Bank, National Association customers use other ATMs?

Do Signature Bank, National Association branches have notaries?

Will Signature Bank, National Association notarize my document?

What address for Signature Bank, National Association should I put for incoming ACH transfers?

Will the Signature Bank, National Association branch print checks?

Do Signature Bank, National Association checks expire?

Does Signature Bank, National Association require US citizenship to open account?

Can Signature Bank, National Association close my account?

Does Signature Bank, National Association Report to credit bureaus?

Does Signature Bank, National Association Use Equifax?

What is Signature Bank, National Association's ACH Routing Number?

What is Signature Bank, National Association's SWIFT code?

Products

Does Signature Bank, National Association offer mortgages?

Compare mortgage rates here.

Does Signature Bank, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Signature Bank, National Association offer personal loans?

Compare personal loan rates here.

Does Signature Bank, National Association offer student loans?

Will Signature Bank, National Association cash a check?

Will Signature Bank, National Association redeem a savings bond?

Does Signature Bank, National Association cash savings bonds?

Will Signature Bank, National Association cash money orders?

Can Signature Bank, National Association issue a money order?

Does Signature Bank, National Association do currency exchange?

Background on The Bank

Who owns Signature Bank, National Association?

How long has Signature Bank, National Association been around?

Can Signature Bank, National Association transfer to other banks?

Does Signature Bank, National Association have quick pay?

Does Signature Bank, National Association accept rolled coins?

Will Signature Bank, National Association accept loose change?

Where is Signature Bank, National Association headquarters?

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