State Bank of Belle Plaine

201 West Main Street
Belle Plaine, MN 56011

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 1383
Date Established 1882
Assets $0.12 billion
Loans $0.05 billion
Deposits $0.11 billion
Capital $0.01 billion

State Bank of Belle Plaine is an FDIC insured institution located in Belle Plaine, MN. It was founded in 1882 and has approximately $0.12 billion in assets.

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

Deposit Rates - September 15, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.20% $1,000 $9,999 Learn MoreShow Less
Money Market
0.25% $10,000 $24,999 Learn MoreShow Less
Money Market
0.30% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.20% $1,000 - Learn MoreShow Less
6 Mo CD
0.30% $1,000 - Learn MoreShow Less
12 Mo CD
0.45% $1,000 - Learn MoreShow Less
18 Mo CD
0.50% $1,000 - Learn MoreShow Less
24 Mo CD
0.75% $1,000 - Learn MoreShow Less
36 Mo CD
0.90% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.45% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $500 - Learn MoreShow Less

Loan Rates - September 15, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for State Bank of Belle Plaine

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

Featured - Connecticut 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.751% 3.750% 0.00 $25 $1,158 Learn More

Featured - Connecticut 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
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.500 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to State Bank of Belle Plaine
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Branches

State Bank of Belle Plaine 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:
Fairfield,Connecticut


State Bank of Belle Plaine Locations


Financial Details

State Bank of Belle Plaine Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of State Bank of Belle Plaine. 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
State Bank of Belle Plaine U.S. Bank Average
2.2% 6.94%

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 March 31, 2019, State Bank of Belle Plaine had $0 in non-current loans and $283,000 in owned real estate. To cover these potential losses it had $12,418,000 in equity and $440,000 in loans loss reserves. That gives it a Texas Ratio of 2.2%.

Return on Equity
State Bank of Belle Plaine U.S. Bank Average
7.37% 9.47%

State Bank of Belle Plaine has a Return on Equity of 7.37% versus the BestCashCow average of 9.47%. 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
State Bank of Belle Plaine U.S. Bank Average
10.28% 12.49%

State Bank of Belle Plaine has a Capitalization of 10.28% versus the BestCashCow average of 12.49. 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.

State Bank of Belle Plaine Balance Sheet Analysis

As of March 31, 2019, State Bank of Belle Plaine had assets of $120,825,000, loans of $51,751,000, and deposits of $108,123,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.06 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.05 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 $0.11 billion
LIABILITIES
Total deposits $0.11 billion
      Interest-bearing deposits $0.09 billion
      Deposits held in domestic offices $0.11 billion
      % insured (estimated) 78.31%
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 $0.11 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

March 31, 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 State Bank of Belle Plaine’s loan portfolio are 1-4 Family Residential Loans, Construction and Development Loans, and Commercial Real Estate.

Compared to other banks in Minnesota, State Bank of Belle Plaine has a significantly higher percent of 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 36.26
Multifamily
Mortgages
0.64
Credit Card Loans 0.00
Consumer Auto Loans 1.54
Small Business Loans 0.00
Construction and Development Loans 13.82
Commercial Real Estate 11.70
Commercial and Industrial Loans 5.35
Farm Loans 7.54

Frequently Asked Questions About State Bank Of Belle Plaine

Branches and Savings

Is State Bank Of Belle Plaine FDIC insured?

Yes. It is covered under FDIC Certificate #1383.

Why does State Bank Of Belle Plaine pay such low interest on savings accounts?

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

Why are State Bank Of Belle Plaine CD rates not competitive?

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

Is State Bank Of Belle Plaine a commercial bank?

Yes

Where are State Bank Of Belle Plaine locations?

See branch locations nearby.

Is State Bank Of Belle Plaine open on Saturdays?

Is State Bank Of Belle Plaine open on Sundays?

What time does State Bank Of Belle Plaine open?

What time does State Bank Of Belle Plaine close?

Are State Bank Of Belle Plaine ATMs Open 24/7?

Do State Bank Of Belle Plaine ATMs accept cash deposits?

Can State Bank Of Belle Plaine customers use other ATMs?

Do State Bank Of Belle Plaine branches have notaries?

Will State Bank Of Belle Plaine notarize my document?

What address for State Bank Of Belle Plaine should I put for incoming ACH transfers?

Will the State Bank Of Belle Plaine branch print checks?

Do State Bank Of Belle Plaine checks expire?

Does State Bank Of Belle Plaine require US citizenship to open account?

Can State Bank Of Belle Plaine close my account?

Does State Bank Of Belle Plaine Report to credit bureaus?

Does State Bank Of Belle Plaine Use Equifax?

What is State Bank Of Belle Plaine's ACH Routing Number?

What is State Bank Of Belle Plaine's SWIFT code?

Products

Does State Bank Of Belle Plaine offer mortgages?

Compare mortgage rates here.

Does State Bank Of Belle Plaine offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does State Bank Of Belle Plaine offer personal loans?

Compare personal loan rates here.

Does State Bank Of Belle Plaine offer student loans?

Will State Bank Of Belle Plaine cash a check?

Will State Bank Of Belle Plaine redeem a savings bond?

Does State Bank Of Belle Plaine cash savings bonds?

Will State Bank Of Belle Plaine cash money orders?

Can State Bank Of Belle Plaine issue a money order?

Does State Bank Of Belle Plaine do currency exchange?

Background on The Bank

Who owns State Bank Of Belle Plaine?

How long has State Bank Of Belle Plaine been around?

Can State Bank Of Belle Plaine transfer to other banks?

Does State Bank Of Belle Plaine have quick pay?

Does State Bank Of Belle Plaine accept rolled coins?

Will State Bank Of Belle Plaine accept loose change?

Where is State Bank Of Belle Plaine headquarters?

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