Signature Bank of Arkansas

Headquarters

3878 North Crossover Road, Suite 20
Fayetteville, AR 72703
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 2.55% →
1-Year CD 0.70% 2.80% →
2-Year CD 1.00% 3.20% →
5-Year CD 1.40% 3.65% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 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 $0.9 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 89
Date Established 1933
Assets $ 895.33 million
Loans $ 681.39 million
Deposits $ 777.98 million
Capital $ 87.00 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 - August 10, 2022

Your Current Location: California, CA 92111

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $2,500 $4,999 Learn More
Money Market
0.30% $2,500 $2,999 Learn More
Money Market
0.30% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.65% $10,000 $14,999 Learn More
6 Mo CD
0.50% $10,000 $14,999 Learn More
6 Mo CD
0.50% $100,000 $199,999 Learn More
6 Mo CD
0.65% $100,000 $199,999 Learn More
12 Mo CD
0.60% $10,000 $14,999 Learn More
12 Mo CD
0.70% $10,000 $14,999 Learn More
12 Mo CD
0.60% $100,000 $199,999 Learn More
12 Mo CD
0.70% $100,000 $199,999 Learn More
18 Mo CD
0.75% $10,000 $14,999 Learn More
18 Mo CD
0.80% $10,000 $14,999 Learn More
18 Mo CD
0.75% $100,000 $199,999 Learn More
18 Mo CD
0.80% $100,000 $199,999 Learn More
24 Mo CD
0.95% $10,000 $14,999 Learn More
24 Mo CD
1.00% $10,000 $14,999 Learn More
24 Mo CD
0.95% $100,000 $199,999 Learn More
24 Mo CD
1.00% $100,000 $199,999 Learn More
36 Mo CD
1.10% $10,000 $14,999 Learn More
36 Mo CD
1.00% $10,000 $14,999 Learn More
36 Mo CD
1.10% $100,000 $199,999 Learn More
36 Mo CD
1.00% $100,000 $199,999 Learn More
48 Mo CD
1.25% $10,000 $14,999 Learn More
48 Mo CD
1.10% $10,000 $14,999 Learn More
48 Mo CD
1.10% $100,000 $199,999 Learn More
48 Mo CD
1.25% $100,000 $199,999 Learn More
60 Mo CD
1.40% $10,000 $14,999 Learn More
60 Mo CD
1.25% $10,000 $14,999 Learn More
60 Mo CD
1.40% $100,000 $199,999 Learn More
60 Mo CD
1.25% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

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


 

Loan Rates - August 10, 2022

Your Current Location: California, CA 92111

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 - California 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
4.962% 4.875%
1.00 points
$2,495 fees
$1,324 Learn More

Featured - California Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 4.990 %
After Intro: 6.250 %
Intro Period: 12 months
$25,000 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:
San Diego,California


Signature Bank of Arkansas Locations



Climate 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.

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
0.7% 4.01%

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, 2022, Signature Bank of Arkansas had $114,000 in non-current loans and $550,000 in owned real estate. To cover these potential losses it had $86,998,000 in equity and $8,235,000 in loans loss reserves. That gives it a Texas Ratio of 0.7%.

Return on Equity
Signature Bank of Arkansas U.S. Bank Average
5.6% 9.01%

Signature Bank of Arkansas has a Return on Equity of 5.6% versus the BestCashCow average of 9.01%. 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
9.72% 10.66%

Signature Bank of Arkansas has a Capitalization of 9.72% versus the BestCashCow average of 10.66. 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 March 31, 2022, Signature Bank of Arkansas had assets of $895,327,000, loans of $681,394,000, and deposits of $777,980,000. 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, 2022
ASSETS
Cash & Balances due from depository institutions $ 90.20 million
Interest-bearing balances $ 79.62 million
Total securities $ 85.47 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 681.39 million
Loan loss allowance $ 8.24 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.55 million
Goodwill and other intangibles N.A.
All other assets $ 10.25 million
     Total Assets $ 808.33 million
LIABILITIES
Total deposits $ 777.98 million
      Interest-bearing deposits $ 512.39 million
      Deposits held in domestic offices $ 777.98 million
      % insured (estimated) 61.52%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 10.93 million
Subordinated debt N.A.
All other liabilities $ 19.42 million
      Total Liabilities $ 808.33 million
      Shareholders’ Equity $ 87.00 million

Summary Income Statement

March 31, 2022
INCOME AND EXPENSES
Total Interest Income $ 8.19 million
Total Interest Expense $ 0.73 million
Net interest income $ 7.46 million
Provision for loan and lease losses N.A.
Total non interest income $ 1.34 million
Total non interest expense $ 7.17 million
Pre-tax Net Operating Income $ 1.64 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 in Arkansas, Signature Bank of Arkansas has a significantly higher percent of Small Business Loans, Construction and Development 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 25.16
Multifamily
Mortgages
4.42
Credit Card Loans 0.15
Consumer Auto Loans 0.78
Small Business Loans 6.73
Construction and Development Loans 18.59
Commercial Real Estate 33.17
Commercial and Industrial Loans 15.76
Farm Loans 0.31

Customer Reviews for Signature Bank of Arkansas


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