Systematic Savings Bank

318 South Ave
Springfield, MO 65806

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 29143
Date Established 1923
Assets $0.04 billion
Loans $0.03 billion
Deposits $0.03 billion
Capital $0.01 billion

Systematic Savings Bank is an FDIC insured institution located in Springfield, MO. It was founded in 1923 and has approximately $0.04 billion in assets.

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

Bank Loan Profile?

The top three loan types in Systematic Savings Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Missouri, Systematic Savings Bank has a significantly higher percent of 1-4 Family Residential Loans, Multifamily Mortgages 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 62.67
Multifamily
Mortgages
8.82
Credit Card Loans 0.00
Consumer Auto Loans 0.74
Small Business Loans 13.54
Construction and Development Loans 5.89
Commercial Real Estate 16.76
Commercial and Industrial Loans 3.68
Farm Loans 0.16

Deposit Rates - May 23, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.35% $1,000 $9,999 Learn MoreShow Less
Money Market
0.45% $10,000 $24,999 Learn MoreShow Less
Money Market
0.50% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
6 Mo CD
0.51% $500 - Learn MoreShow Less
12 Mo CD
0.92% $500 - Learn MoreShow Less
Special: 13 Mo CD
1.56% $100,000 - Learn MoreShow Less
18 Mo CD
1.07% $500 - Learn MoreShow Less
24 Mo CD
1.32% $500 - Learn MoreShow Less
Special: 30 Mo CD
1.79% $500 - Learn MoreShow Less
Special: 36 Mo CD
1.27% $500 - Learn MoreShow Less
36 Mo CD
1.27% $500 - Learn MoreShow Less
48 Mo CD
1.43% $500 - Learn MoreShow Less
60 Mo CD
1.53% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.07% $100 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.40% $500 - Learn MoreShow Less

Loan Rates - May 23, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Systematic Savings Bank

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.250% 5.250% 0.00 $0 $1,381 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
3.905% 3.875% 0.38 $900 $1,176 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to Systematic Savings Bank
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Branches

Systematic Savings 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:
Ashburn,Virginia


Systematic Savings Bank Locations


Financial Details

Systematic Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Systematic Savings 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
Systematic Savings Bank U.S. Bank Average
17.29% 6.97%

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 December 31, 2018, Systematic Savings Bank had $946,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $5,025,000 in equity and $447,000 in loans loss reserves. That gives it a Texas Ratio of 17.29%.

Return on Equity
Systematic Savings Bank U.S. Bank Average
-4.78% 8.80%

Systematic Savings Bank has a Return on Equity of -4.78% versus the BestCashCow average of 8.80%. 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
Systematic Savings Bank U.S. Bank Average
13.37% 12.29%

Systematic Savings Bank has a Capitalization of 13.37% versus the BestCashCow average of 12.29. 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.

Systematic Savings Bank Balance Sheet Analysis

As of December 31, 2018, Systematic Savings Bank had assets of $37,580,000, loans of $30,841,000, and deposits of $32,519,000. 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, 2018
ASSETS
Cash & Balances due from depository institutions $0.00 billion
Interest-bearing balances $0.00 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.03 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 $0.03 billion
LIABILITIES
Total deposits $0.03 billion
      Interest-bearing deposits $0.03 billion
      Deposits held in domestic offices $0.03 billion
      % insured (estimated) 96.27%
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 $0.03 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

December 31, 2018
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

Frequently Asked Questions About Systematic Savings Bank

Branches and Savings

Is Systematic Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #29143.

Why does Systematic Savings Bank pay such low interest on savings accounts?

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

Why are Systematic Savings Bank CD rates not competitive?

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

Is Systematic Savings Bank a commercial bank?

Yes

Where are Systematic Savings Bank locations?

See branch locations nearby.

Is Systematic Savings Bank open on Saturdays?

Is Systematic Savings Bank open on Sundays?

What time does Systematic Savings Bank open?

What time does Systematic Savings Bank close?

Are Systematic Savings Bank ATMs Open 24/7?

Do Systematic Savings Bank ATMs accept cash deposits?

Can Systematic Savings Bank customers use other ATMs?

Do Systematic Savings Bank branches have notaries?

Will Systematic Savings Bank notarize my document?

What address for Systematic Savings Bank should I put for incoming ACH transfers?

Will the Systematic Savings Bank branch print checks?

Do Systematic Savings Bank checks expire?

Does Systematic Savings Bank require US citizenship to open account?

Can Systematic Savings Bank close my account?

Does Systematic Savings Bank Report to credit bureaus?

Does Systematic Savings Bank Use Equifax?

What is Systematic Savings Bank's ACH Routing Number?

What is Systematic Savings Bank's SWIFT code?

Products

Does Systematic Savings Bank offer mortgages?

Compare mortgage rates here.

Does Systematic Savings Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Systematic Savings Bank offer personal loans?

Compare personal loan rates here.

Does Systematic Savings Bank offer student loans?

Will Systematic Savings Bank cash a check?

Will Systematic Savings Bank redeem a savings bond?

Does Systematic Savings Bank cash savings bonds?

Will Systematic Savings Bank cash money orders?

Can Systematic Savings Bank issue a money order?

Does Systematic Savings Bank do currency exchange?

Background on The Bank

Who owns Systematic Savings Bank?

How long has Systematic Savings Bank been around?

Can Systematic Savings Bank transfer to other banks?

Does Systematic Savings Bank have quick pay?

Does Systematic Savings Bank accept rolled coins?

Will Systematic Savings Bank accept loose change?

Where is Systematic Savings Bank headquarters?

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