Territorial Savings Bank

Headquarters

1000 Bishop Street
Honolulu, HI 96813
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.05% →
1-Year CD 0.30% 1.05% →
2-Year CD 0.30% 1.11% →
5-Year CD 0.55% 1.56% →
30-Year Mortgage 3.42% 3.09% →
15-Year Mortgage 2.96% 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Territorial Savings Bank is an FDIC insured institution located in Honolulu, HI. It was founded in 1921 and has approximately $2.11 billion in assets. Customers can open an account at one of its 30 branches.

FDIC Insured Yes
FDIC Certificate # 30836
Date Established 1921
Assets $ 2.11 billion
Loans $ 1,562.41 million
Deposits $ 1,687.67 million
Capital $ 224.52 million
 

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

Deposit Rates - August 8, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.20% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.05% $10,000 $14,999 Learn More
Special: 3 Mo CD
0.10% $50,000 - Learn More
3 Mo CD
0.05% $100,000 $199,999 Learn More
Special: 6 Mo CD
0.20% $1,000 $49,999 Learn More
6 Mo CD
0.10% $10,000 $14,999 Learn More
6 Mo CD
0.10% $100,000 $199,999 Learn More
Special: 12 Mo CD
0.30% $1,000 $49,999 Learn More
12 Mo CD
0.15% $10,000 $14,999 Learn More
12 Mo CD
0.15% $100,000 $199,999 Learn More
18 Mo CD
0.15% $10,000 $14,999 Learn More
18 Mo CD
0.15% $100,000 $199,999 Learn More
Special: 24 Mo CD
0.30% $1,000 $49,999 Learn More
24 Mo CD
0.25% $10,000 $14,999 Learn More
24 Mo CD
0.25% $100,000 $199,999 Learn More
30 Mo CD
0.25% $10,000 $14,999 Learn More
30 Mo CD
0.25% $100,000 $199,999 Learn More
Special: 36 Mo CD
0.40% $1,000 $49,999 Learn More
36 Mo CD
0.30% $10,000 $14,999 Learn More
36 Mo CD
0.30% $100,000 $199,999 Learn More
Special: 48 Mo CD
0.45% $1,000 $49,999 Learn More
48 Mo CD
0.40% $10,000 $14,999 Learn More
48 Mo CD
0.40% $100,000 $199,999 Learn More
60 Mo CD
0.50% $10,000 $14,999 Learn More
Special: 60 Mo CD
0.55% $50,000 - Learn More
60 Mo CD
0.50% $100,000 $199,999 Learn More

Fixed IRA Rates APY MIN MAX
Special: 6 Mo FIRA
0.20% $50,000 - Learn MoreShow Less
Special: 12 Mo FIRA
0.30% $50,000 - Learn MoreShow Less
Special: 24 Mo FIRA
0.30% $50,000 - Learn MoreShow Less
Special: 36 Mo FIRA
0.40% $50,000 - Learn MoreShow Less
Special: 48 Mo FIRA
0.45% $50,000 - Learn MoreShow Less
Special: 60 Mo FIRA
0.55% $50,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 8, 2020

Your Current Location: Connecticut, CT 06828

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

Territorial 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:
Fairfield,Connecticut


Territorial Savings Bank Locations


Financial Details

Territorial Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Territorial 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
Territorial Savings Bank U.S. Bank Average
0.31% 6.94%

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 March 31, 2020, Territorial Savings Bank had $707,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $224,516,000 in equity and $2,918,000 in loans loss reserves. That gives it a Texas Ratio of 0.31%.

Return on Equity
Territorial Savings Bank U.S. Bank Average
8.32% 7.80%

Territorial Savings Bank has a Return on Equity of 8.32% versus the BestCashCow average of 7.80%. 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
Territorial Savings Bank U.S. Bank Average
10.64% 12.68%

Territorial Savings Bank has a Capitalization of 10.64% versus the BestCashCow average of 12.68. 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.

Territorial Savings Bank Balance Sheet Analysis

As of March 31, 2020, Territorial Savings Bank had assets of $2,109,981,000, loans of $1,562,413,000, and deposits of $1,687,668,000. 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, 2020
ASSETS
Cash & Balances due from depository institutions $ 95.77 million
Interest-bearing balances $ 83.02 million
Total securities $ 366.94 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,562.41 million
Loan loss allowance $ 2.92 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.56 million
All other assets $ 67.61 million
     Total Assets $ 1,885.47 million
LIABILITIES
Total deposits $ 1,687.67 million
      Interest-bearing deposits $ 1,621.44 million
      Deposits held in domestic offices $ 1,687.67 million
      % insured (estimated) 73.24%
Federal funds purchased and repurchase agreements $ 10.00 million
Trading liabilities N.A.
Other borrowed funds $ 169.24 million
Subordinated debt N.A.
All other liabilities $ 18.56 million
      Total Liabilities $ 1,885.47 million
      Shareholders’ Equity $ 224.52 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 18.60 million
Total Interest Expense $ 4.07 million
Net interest income $ 14.53 million
Provision for loan and lease losses $ 0.22 million
Total non interest income $ 1.00 million
Total non interest expense $ 9.22 million
Pre-tax Net Operating Income $ 6.09 million

Bank Loan Profile?

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

Compared to other banks in Hawaii, Territorial Savings Bank has a significantly higher percent of 1-4 Family Residential 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 97.65
Multifamily
Mortgages
0.62
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.18
Construction and Development Loans 0.73
Commercial Real Estate 0.70
Commercial and Industrial Loans 0.58
Farm Loans 0.00

Frequently Asked Questions About Territorial Savings Bank

Branches and Savings

Is Territorial Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #30836.

Why does Territorial 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 Territorial Savings Bank CD rates not competitive?

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

Is Territorial Savings Bank a commercial bank?

Yes

Where are Territorial Savings Bank locations?

See branch locations nearby.

Is Territorial Savings Bank open on Saturdays?

Is Territorial Savings Bank open on Sundays?

What time does Territorial Savings Bank open?

What time does Territorial Savings Bank close?

Are Territorial Savings Bank ATMs Open 24/7?

Do Territorial Savings Bank ATMs accept cash deposits?

Can Territorial Savings Bank customers use other ATMs?

Do Territorial Savings Bank branches have notaries?

Will Territorial Savings Bank notarize my document?

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

Will the Territorial Savings Bank branch print checks?

Do Territorial Savings Bank checks expire?

Does Territorial Savings Bank require US citizenship to open account?

Can Territorial Savings Bank close my account?

Does Territorial Savings Bank Report to credit bureaus?

Does Territorial Savings Bank Use Equifax?

What is Territorial Savings Bank's ACH Routing Number?

What is Territorial Savings Bank's SWIFT code?

Products

Does Territorial Savings Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Territorial Savings Bank offer personal loans?

Compare personal loan rates here.

Does Territorial Savings Bank offer student loans?

Will Territorial Savings Bank cash a check?

Will Territorial Savings Bank redeem a savings bond?

Does Territorial Savings Bank cash savings bonds?

Will Territorial Savings Bank cash money orders?

Can Territorial Savings Bank issue a money order?

Does Territorial Savings Bank do currency exchange?

Background on The Bank

Who owns Territorial Savings Bank?

How long has Territorial Savings Bank been around?

Can Territorial Savings Bank transfer to other banks?

Does Territorial Savings Bank have quick pay?

Does Territorial Savings Bank accept rolled coins?

Will Territorial Savings Bank accept loose change?

Where is Territorial Savings Bank headquarters?

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