Smackover State Bank

708 North Broadway
Smackover, AR 71762

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 5623
Date Established 1928
Assets $0.18 billion
Loans $0.07 billion
Deposits $0.15 billion
Capital $0.02 billion

Smackover State Bank is an FDIC insured institution located in Smackover, AR. It was founded in 1928 and has approximately $0.18 billion in assets. Customers can open an account at one of its 4 branches.

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

Deposit Rates - October 17, 2019

Your Current Location: Washington, WA 98101

Savings and Money Market Rates APY MIN MAX
Money Market
0.70% $2,500 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.70% $1,000 - Learn MoreShow Less
6 Mo CD
1.00% $1,000 - Learn MoreShow Less
12 Mo CD
1.91% $1,000 - Learn MoreShow Less
18 Mo CD
2.07% $1,000 - Learn MoreShow Less
24 Mo CD
2.27% $1,000 - Learn MoreShow Less
36 Mo CD
2.37% $1,000 - Learn MoreShow Less

Variable IRA Rates APY MIN MAX
Var IRA
2.17% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.40% $500 - Learn MoreShow Less

Loan Rates - October 17, 2019

Your Current Location: Washington, WA 98101

There are currently no loan rates available for Smackover State Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Infinity Mortgage Group
NMLS ID: 35972
License#: NMLS 35972
3.554% 3.500% 0.25 $1,714 $1,123 Learn More
First Internet Bank
NMLS ID: 424182
3.662% 3.625% 0.50 $1,148 $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
3.515% 3.500% 0.25 $478 $1,123 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.990 %
$0 Learn More
More Info

Note to Smackover State Bank
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Branches

Smackover State Bank 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


Smackover State Bank Locations


Financial Details

Smackover State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Smackover State Bank. 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
Smackover State Bank U.S. Bank Average
0.32% 6.77%

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 June 30, 2019, Smackover State Bank had $54,000 in non-current loans and $26,000 in owned real estate. To cover these potential losses it had $24,225,000 in equity and $996,000 in loans loss reserves. That gives it a Texas Ratio of 0.32%.

Return on Equity
Smackover State Bank U.S. Bank Average
6.88% 9.50%

Smackover State Bank has a Return on Equity of 6.88% versus the BestCashCow average of 9.50%. 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
Smackover State Bank U.S. Bank Average
13.61% 12.76%

Smackover State Bank has a Capitalization of 13.61% versus the BestCashCow average of 12.76. 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.

Smackover State Bank Balance Sheet Analysis

As of June 30, 2019, Smackover State Bank had assets of $177,967,000, loans of $70,250,000, and deposits of $153,280,000. 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

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.09 billion
Federal funds sold and reverse repurchase $0.01 billion
Net loans and leases $0.07 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 $0.00 billion
     Total Assets $0.15 billion
LIABILITIES
Total deposits $0.15 billion
      Interest-bearing deposits $0.12 billion
      Deposits held in domestic offices $0.15 billion
      % insured (estimated) 81.73%
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 $0.15 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 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 Smackover State Bank’s loan portfolio are 1-4 Family Residential Loans, Small Business Loans, and Commercial Real Estate.

Compared to other banks in Arkansas, Smackover State Bank has a significantly higher percent of 1-4 Family Residential Loans, 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 46.26
Multifamily
Mortgages
2.94
Credit Card Loans 0.00
Consumer Auto Loans 3.57
Small Business Loans 22.46
Construction and Development Loans 3.98
Commercial Real Estate 22.46
Commercial and Industrial Loans 7.37
Farm Loans 0.18

Frequently Asked Questions About Smackover State Bank

Branches and Savings

Is Smackover State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #5623.

Why does Smackover State Bank pay such low interest on savings accounts?

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

Why are Smackover State Bank CD rates not competitive?

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

Is Smackover State Bank a commercial bank?

Yes

Where are Smackover State Bank locations?

See branch locations nearby.

Is Smackover State Bank open on Saturdays?

Is Smackover State Bank open on Sundays?

What time does Smackover State Bank open?

What time does Smackover State Bank close?

Are Smackover State Bank ATMs Open 24/7?

Do Smackover State Bank ATMs accept cash deposits?

Can Smackover State Bank customers use other ATMs?

Do Smackover State Bank branches have notaries?

Will Smackover State Bank notarize my document?

What address for Smackover State Bank should I put for incoming ACH transfers?

Will the Smackover State Bank branch print checks?

Do Smackover State Bank checks expire?

Does Smackover State Bank require US citizenship to open account?

Can Smackover State Bank close my account?

Does Smackover State Bank Report to credit bureaus?

Does Smackover State Bank Use Equifax?

What is Smackover State Bank's ACH Routing Number?

What is Smackover State Bank's SWIFT code?

Products

Does Smackover State Bank offer mortgages?

Compare mortgage rates here.

Does Smackover State Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Smackover State Bank offer personal loans?

Compare personal loan rates here.

Does Smackover State Bank offer student loans?

Will Smackover State Bank cash a check?

Will Smackover State Bank redeem a savings bond?

Does Smackover State Bank cash savings bonds?

Will Smackover State Bank cash money orders?

Can Smackover State Bank issue a money order?

Does Smackover State Bank do currency exchange?

Background on The Bank

Who owns Smackover State Bank?

How long has Smackover State Bank been around?

Can Smackover State Bank transfer to other banks?

Does Smackover State Bank have quick pay?

Does Smackover State Bank accept rolled coins?

Will Smackover State Bank accept loose change?

Where is Smackover State Bank headquarters?

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