State Bank of Downs

Headquarters

900 Morgan Avenue
Downs, KS 67437
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.35% 1.62% →
1-Year CD 0.70% 1.55% →
2-Year CD 1.00% 1.45% →
5-Year CD 1.41% 1.66% →
30-Year Mortgage N.A. 3.08% →
15-Year Mortgage N.A. 2.65% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

State Bank of Downs is an FDIC insured institution located in Downs, KS. It was founded in 1892 and has approximately $0.1 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 9659
Date Established 1892
Assets $ 95.97 million
Loans $ 72.95 million
Deposits $ 82.55 million
Capital $ 12.32 million
 

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

Deposit Rates - May 29, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.35% $1 - Learn More
Money Market
0.20% $1 $9,999 Learn More
Money Market
0.60% $10,000 $49,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.35% $500 - Learn More
6 Mo CD
0.45% $500 - Learn More
12 Mo CD
0.70% $500 - Learn More
18 Mo CD
0.90% $500 - Learn More
24 Mo CD
1.00% $500 - Learn More
30 Mo CD
1.15% $500 - Learn More
36 Mo CD
1.25% $500 - Learn More
48 Mo CD
1.35% $500 - Learn More
60 Mo CD
1.41% $500 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.70% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.20% $1 $1,999 Learn MoreShow Less
Int Ckg
0.30% $2,000 - Learn MoreShow Less

Loan Rates - May 29, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for State Bank of Downs

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 2020

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.952% 2.875% 1.00 $2,485 $1,038 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More

Note to State Bank of Downs
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Branches

State Bank of Downs 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


State Bank of Downs Locations


Financial Details

State Bank of Downs Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of State Bank of Downs. 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
Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info
State Bank of Downs U.S. Bank Average
12.32% 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, State Bank of Downs had $1,632,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $12,316,000 in equity and $931,000 in loans loss reserves. That gives it a Texas Ratio of 12.32%.

Return on Equity
State Bank of Downs U.S. Bank Average
13.53% 9.41%

State Bank of Downs has a Return on Equity of 13.53% 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
State Bank of Downs U.S. Bank Average
12.83% 12.82%

State Bank of Downs has a Capitalization of 12.83% 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.

State Bank of Downs Balance Sheet Analysis

As of December 31, 2019, State Bank of Downs had assets of $95,967,000, loans of $72,947,000, and deposits of $82,548,000. 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 $ 12.36 million
Interest-bearing balances $ 7.74 million
Total securities $ 5.30 million
Federal funds sold and reverse repurchase $ 4.33 million
Net loans and leases $ 72.95 million
Loan loss allowance $ 0.93 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 0.89 million
     Total Assets $ 83.65 million
LIABILITIES
Total deposits $ 82.55 million
      Interest-bearing deposits $ 63.32 million
      Deposits held in domestic offices $ 82.55 million
      % insured (estimated) 85.29%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 1.00 million
Subordinated debt N.A.
All other liabilities $ 0.10 million
      Total Liabilities $ 83.65 million
      Shareholders’ Equity $ 12.32 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 4.48 million
Total Interest Expense $ 0.85 million
Net interest income $ 3.63 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.08 million
Total non interest expense $ 2.25 million
Pre-tax Net Operating Income $ 1.55 million

Bank Loan Profile?

The top three loan types in State Bank of Downs’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks in Kansas, State Bank of Downs 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 32.03
Multifamily
Mortgages
0.15
Credit Card Loans 0.00
Consumer Auto Loans 0.86
Small Business Loans 1.99
Construction and Development Loans 10.93
Commercial Real Estate 11.39
Commercial and Industrial Loans 19.89
Farm Loans 9.17

Frequently Asked Questions About State Bank Of Downs

Branches and Savings

Is State Bank Of Downs FDIC insured?

Yes. It is covered under FDIC Certificate #9659.

Why does State Bank Of Downs 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 Downs CD rates not competitive?

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

Is State Bank Of Downs a commercial bank?

Yes

Where are State Bank Of Downs locations?

See branch locations nearby.

Is State Bank Of Downs open on Saturdays?

Is State Bank Of Downs open on Sundays?

What time does State Bank Of Downs open?

What time does State Bank Of Downs close?

Are State Bank Of Downs ATMs Open 24/7?

Do State Bank Of Downs ATMs accept cash deposits?

Can State Bank Of Downs customers use other ATMs?

Do State Bank Of Downs branches have notaries?

Will State Bank Of Downs notarize my document?

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

Will the State Bank Of Downs branch print checks?

Do State Bank Of Downs checks expire?

Does State Bank Of Downs require US citizenship to open account?

Can State Bank Of Downs close my account?

Does State Bank Of Downs Report to credit bureaus?

Does State Bank Of Downs Use Equifax?

What is State Bank Of Downs's ACH Routing Number?

What is State Bank Of Downs's SWIFT code?

Products

Does State Bank Of Downs offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does State Bank Of Downs offer personal loans?

Compare personal loan rates here.

Does State Bank Of Downs offer student loans?

Will State Bank Of Downs cash a check?

Will State Bank Of Downs redeem a savings bond?

Does State Bank Of Downs cash savings bonds?

Will State Bank Of Downs cash money orders?

Can State Bank Of Downs issue a money order?

Does State Bank Of Downs do currency exchange?

Background on The Bank

Who owns State Bank Of Downs?

How long has State Bank Of Downs been around?

Can State Bank Of Downs transfer to other banks?

Does State Bank Of Downs have quick pay?

Does State Bank Of Downs accept rolled coins?

Will State Bank Of Downs accept loose change?

Where is State Bank Of Downs headquarters?

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