Springs Valley Bank & Trust Company

Headquarters

8482 West State Road 56
French Lick, IN 47432
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.40% →
1-Year CD 0.65% 1.15% →
2-Year CD 0.35% 1.26% →
5-Year CD 0.65% 1.56% →
30-Year Mortgage 4.43% 3.09% →
15-Year Mortgage 4.10% 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Springs Valley Bank & Trust Company is an FDIC insured institution located in French Lick, IN. It was founded in 1902 and has approximately $0.45 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 4419
Date Established 1902
Assets $ 452.59 million
Loans $ 346.02 million
Deposits $ 362.35 million
Capital $ 49.67 million
 

For a more detailed analysis of Springs Valley Bank & Trust Company's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - July 7, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $1 - Learn More
Money Market
0.10% $1 $14,999 Learn More
Money Market
0.20% $15,000 $49,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $1,000 - Learn More
6 Mo CD
0.15% $1,000 - Learn More
12 Mo CD
0.25% $1,000 - Learn More
Special: 12 Mo CD
0.65% $5,000 - Learn More
24 Mo CD
0.35% $1,000 - Learn More
36 Mo CD
0.45% $1,000 - Learn More
48 Mo CD
0.55% $1,000 - Learn More
60 Mo CD
0.65% $1,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.65% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1 - Learn MoreShow Less

Loan Rates - July 7, 2020

Your Current Location: Virginia, VA 20146

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

Springs Valley Bank & Trust Company 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


Springs Valley Bank & Trust Company Locations


Financial Details

Springs Valley Bank & Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Springs Valley Bank & Trust Company. 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
Springs Valley Bank & Trust Company U.S. Bank Average
4.92% 6.51%

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, 2019, Springs Valley Bank & Trust Company had $2,528,000 in non-current loans and $129,000 in owned real estate. To cover these potential losses it had $49,674,000 in equity and $4,340,000 in loans loss reserves. That gives it a Texas Ratio of 4.92%.

Return on Equity
Springs Valley Bank & Trust Company U.S. Bank Average
8.11% 9.41%

Springs Valley Bank & Trust Company has a Return on Equity of 8.11% versus the BestCashCow average of 9.41%. 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
Springs Valley Bank & Trust Company U.S. Bank Average
10.98% 12.82%

Springs Valley Bank & Trust Company has a Capitalization of 10.98% versus the BestCashCow average of 12.82. 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.

Springs Valley Bank & Trust Company Balance Sheet Analysis

As of December 31, 2019, Springs Valley Bank & Trust Company had assets of $452,588,000, loans of $346,017,000, and deposits of $362,347,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $ 9.30 million
Interest-bearing balances $ 3.67 million
Total securities $ 58.54 million
Federal funds sold and reverse repurchase $ 10.75 million
Net loans and leases $ 346.02 million
Loan loss allowance $ 4.34 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.13 million
Goodwill and other intangibles $ 0.55 million
All other assets $ 19.41 million
     Total Assets $ 402.91 million
LIABILITIES
Total deposits $ 362.35 million
      Interest-bearing deposits $ 349.14 million
      Deposits held in domestic offices $ 362.35 million
      % insured (estimated) 79.57%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 34.76 million
Subordinated debt N.A.
All other liabilities $ 5.80 million
      Total Liabilities $ 402.91 million
      Shareholders’ Equity $ 49.67 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 19.52 million
Total Interest Expense $ 5.21 million
Net interest income $ 14.31 million
Provision for loan and lease losses $ 0.89 million
Total non interest income $ 5.52 million
Total non interest expense $ 14.87 million
Pre-tax Net Operating Income $ 4.08 million

Bank Loan Profile?

The top three loan types in Springs Valley Bank & Trust Company’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks, Springs Valley Bank & Trust Company’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 30.94
Multifamily
Mortgages
1.44
Credit Card Loans 0.24
Consumer Auto Loans 2.57
Small Business Loans 14.07
Construction and Development Loans 3.51
Commercial Real Estate 29.83
Commercial and Industrial Loans 6.97
Farm Loans 9.28

Frequently Asked Questions About Springs Valley Bank & Trust Company

Branches and Savings

Is Springs Valley Bank & Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #4419.

Why does Springs Valley Bank & Trust Company pay such low interest on savings accounts?

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

Why are Springs Valley Bank & Trust Company CD rates not competitive?

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

Is Springs Valley Bank & Trust Company a commercial bank?

Yes

Where are Springs Valley Bank & Trust Company locations?

See branch locations nearby.

Is Springs Valley Bank & Trust Company open on Saturdays?

Is Springs Valley Bank & Trust Company open on Sundays?

What time does Springs Valley Bank & Trust Company open?

What time does Springs Valley Bank & Trust Company close?

Are Springs Valley Bank & Trust Company ATMs Open 24/7?

Do Springs Valley Bank & Trust Company ATMs accept cash deposits?

Can Springs Valley Bank & Trust Company customers use other ATMs?

Do Springs Valley Bank & Trust Company branches have notaries?

Will Springs Valley Bank & Trust Company notarize my document?

What address for Springs Valley Bank & Trust Company should I put for incoming ACH transfers?

Will the Springs Valley Bank & Trust Company branch print checks?

Do Springs Valley Bank & Trust Company checks expire?

Does Springs Valley Bank & Trust Company require US citizenship to open account?

Can Springs Valley Bank & Trust Company close my account?

Does Springs Valley Bank & Trust Company Report to credit bureaus?

Does Springs Valley Bank & Trust Company Use Equifax?

What is Springs Valley Bank & Trust Company's ACH Routing Number?

What is Springs Valley Bank & Trust Company's SWIFT code?

Products

Does Springs Valley Bank & Trust Company offer mortgages?

Compare mortgage rates here.

Does Springs Valley Bank & Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Springs Valley Bank & Trust Company offer personal loans?

Compare personal loan rates here.

Does Springs Valley Bank & Trust Company offer student loans?

Will Springs Valley Bank & Trust Company cash a check?

Will Springs Valley Bank & Trust Company redeem a savings bond?

Does Springs Valley Bank & Trust Company cash savings bonds?

Will Springs Valley Bank & Trust Company cash money orders?

Can Springs Valley Bank & Trust Company issue a money order?

Does Springs Valley Bank & Trust Company do currency exchange?

Background on The Bank

Who owns Springs Valley Bank & Trust Company?

How long has Springs Valley Bank & Trust Company been around?

Can Springs Valley Bank & Trust Company transfer to other banks?

Does Springs Valley Bank & Trust Company have quick pay?

Does Springs Valley Bank & Trust Company accept rolled coins?

Will Springs Valley Bank & Trust Company accept loose change?

Where is Springs Valley Bank & Trust Company headquarters?

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