Signature Bank of Arkansas

Headquarters

3878 N Crossover Rd
Fayetteville, AR 72703
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 5.55% →
1-Year CD N.A. 5.41% →
2-Year CD N.A. 4.95% →
5-Year CD N.A. 4.55% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Bank Information

Signature Bank of Arkansas is an FDIC insured institution located in Fayetteville, AR. It was founded in 1933 and has approximately $1.13 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 89
Date Established 1933
Assets $ 1,132.91 million
Loans $ 941.50 million
Deposits $ 962.55 million
Capital $ 101.66 million
 

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

Deposit Rates - June 24, 2024

Your Current Location: Virginia, VA 20146

Bank Offers

CFG Bank Lowers Money Market to 2.25% APY
Dec 12, 2019

CFG Bank has lowered its money market rate for balances over $25,000 from 2.30% to 2.25% APY.  The rate remains the best online savings or money market rate nationally available in the US.  You may however find higher rates at banks and credit unions near you.

CFG Bank has also slightly lowered all of its CD offerings.   Its 12-month, 18-month and 60-month offerings now stand at 2.15% APY, 2.33% APY and 2.60% APY, respectively.

 


CFG Bank Lowers Money Market Rate to 2.05% APY
Feb 26, 2020

CFG has lowered its money market accounts rate to 2.05% APY from 2.15% APY.   The account requires a $25,000 minimum, and only permits daily withdrawals up to $5,000 (and monhtly withdrawals up to $30,000).


CFG Bank Lowers Online Savings Rate to 0.68% APY
Jan 13, 2021

CFG has lowered its online savings rate by 5 basis points which is just enough so that it is no longer the highest nationally-available online savings rate in the country.


CFG Bank Raises Online Savings Rate to 0.70% APY
Mar 11, 2022

CFG has raised its online savings rate from 0.63 to 0.70% APY, making it one of only about 5 or 6 banks to over over 0.70%.

Its 13-month No Penalty CD rate was also raised to 0.80% APY.   See all No Penalty and special term CD rates here


CFG Bank Raises Online Money Market Rate to 4.25% APY
Jan 23, 2023

CFG Bank has raised its online money market rate to 4.25% APY.   This move places it within 10 basis points of My Savings Direct, the current savings and money market rate leader. 


CFG Bank Raises 1-Yr and 18-Month CDs to 5.25% APY But Products Carry an 180 Day EWP
May 11, 2023

CFG Bank has raised its 1-year and 18-month CDs to 5.25% APY today.   The rate had previously been 5.17%.

This rate now tops the respective tables.

Depositors should be aware that these products carry 180-day Early Withdrawal Penalties which would be a heavy price to pay should you need to terminate the CD before maturity.



Loan Rates - June 24, 2024

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Signature Bank of Arkansas

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 2024

Lender APR Rate (%) Monthly
Payment
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PenFed Credit Union
NMLS ID: 401822
6.530% 6.375%
0.63 points
$5,200 fees
$1,997 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.730% 6.625%
0.88 points
$3,474 fees
$2,049 Learn More
Rocket Mortgage
NMLS ID: 3030
7.076% 6.990%
0.88 points
$2,800 fees
$2,127 Learn More
Neighbors Bank
NMLS ID: 491986

points
fees
Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.990 %
$0 Learn More
More Info

Note to Signature Bank of Arkansas
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Branches

Signature Bank of Arkansas 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 of Arkansas Locations



Climate Policy and Initiatives

Signature Bank of Arkansas is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.


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Financial Details

Signature Bank of Arkansas Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Signature Bank of Arkansas. 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 of Arkansas U.S. Bank Average
1.17% 3.96%

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 December 31, 2024, Signature Bank of Arkansas had $1,154,000 in non-current loans and $172,000 in owned real estate. To cover these potential losses it had $101,663,000 in equity and $11,444,000 in loans loss reserves. That gives it a Texas Ratio of 1.17%.

Return on Equity
Signature Bank of Arkansas U.S. Bank Average
3.89% 12.20%

Signature Bank of Arkansas has a Return on Equity of 3.89% versus the BestCashCow average of 12.20%. 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 of Arkansas U.S. Bank Average
8.97% 10.76%

Signature Bank of Arkansas has a Capitalization of 8.97% versus the BestCashCow average of 10.76. 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 of Arkansas Balance Sheet Analysis

As of December 31, 2023, Signature Bank of Arkansas had assets of $1,132,908,000, loans of $941,503,000, and deposits of $962,546,000. 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, 2024
ASSETS
Cash & Balances due from depository institutions $ 17.44 million
Interest-bearing balances $ 4.68 million
Total securities $ 114.55 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 941.50 million
Loan loss allowance $ 11.44 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.17 million
Goodwill and other intangibles $ 2.02 million
All other assets $ 11.31 million
     Total Assets $ 1,031.25 million
LIABILITIES
Total deposits $ 962.55 million
      Interest-bearing deposits $ 736.66 million
      Deposits held in domestic offices $ 962.55 million
      % insured (estimated) 61.83%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 10.85 million
Subordinated debt N.A.
All other liabilities $ 19.61 million
      Total Liabilities $ 1,031.25 million
      Shareholders’ Equity $ 101.66 million

Summary Income Statement

December 31, 2024
INCOME AND EXPENSES
Total Interest Income $ 52.06 million
Total Interest Expense $ 20.55 million
Net interest income $ 31.51 million
Provision for loan and lease losses $ 1.28 million
Total non interest income $ 5.82 million
Total non interest expense $ 31.13 million
Pre-tax Net Operating Income $ 4.23 million

Bank Loan Profile?

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

Compared to other banks, Signature Bank of Arkansas’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 20.27
Multifamily
Mortgages
3.28
Credit Card Loans 0.12
Consumer Auto Loans 0.72
Small Business Loans 5.92
Construction and Development Loans 14.30
Commercial Real Estate 24.86
Commercial and Industrial Loans 10.34
Farm Loans 0.31

Customer Reviews for Signature Bank of Arkansas


  • October 23, 2017

    CDs 12 Month Rates

    How o purchases the special 10% CD rate?


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