The Bank of the West

101 South Main
Thomas, OK 73669

Notable Rates APY Vs.Others
Savings 0.50% 2.20% →
1-Year CD 1.51% 2.25% →
2-Year CD 1.51% 2.30% →
5-Year CD N.A. 2.60% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2020 Overview

General Bank Information

The Bank of the West is an FDIC insured institution located in Thomas, OK. It was founded in 1984 and has approximately $0.14 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 25703
Date Established 1984
Assets $0.14 billion
Loans $0.13 billion
Deposits $0.12 billion
Capital $0.02 billion
 

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

Deposit Rates - January 25, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.50% $1,500 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.75% $1,000 - Learn MoreShow Less
6 Mo CD
1.41% $1,000 - Learn MoreShow Less
12 Mo CD
1.51% $1,000 - Learn MoreShow Less
18 Mo CD
1.51% $1,000 - Learn MoreShow Less
24 Mo CD
1.51% $1,000 - Learn MoreShow Less
36 Mo CD
1.51% $1,000 - Learn MoreShow Less
48 Mo CD
1.51% $1,000 - Learn MoreShow Less

Variable IRA Rates APY MIN MAX
Var IRA
1.41% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.40% $1,500 - Learn MoreShow Less

Loan Rates - January 25, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for The Bank of the West

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

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
3.516% 3.500% 0.25 $505 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.384% 3.375% 0.13 $285 $1,106 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.793% 4.750% 0.00 $1,250 $1,305 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

Note to The Bank of the West
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Branches

The Bank of the West 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


The Bank of the West Locations


Financial Details

The Bank of the West Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of The Bank of the West. 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
The Bank of the West U.S. Bank Average
0% 6.70%

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 September 30, 2019, The Bank of the West had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $19,589,000 in equity and $1,830,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
The Bank of the West U.S. Bank Average
18.75% 9.72%

The Bank of the West has a Return on Equity of 18.75% versus the BestCashCow average of 9.72%. 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
The Bank of the West U.S. Bank Average
13.53% 12.89%

The Bank of the West has a Capitalization of 13.53% versus the BestCashCow average of 12.89. 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.

The Bank of the West Balance Sheet Analysis

As of September 30, 2019, The Bank of the West had assets of $144,819,000, loans of $127,476,000, and deposits of $124,506,000. 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

September 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.13 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 $0.13 billion
LIABILITIES
Total deposits $0.12 billion
      Interest-bearing deposits $0.09 billion
      Deposits held in domestic offices $0.12 billion
      % insured (estimated) 86.26%
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 $0.13 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

September 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 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 The Bank of the West’s loan portfolio are Construction and Development Loans, Commercial Real Estate, and Farm Loans.

Compared to other banks in Oklahoma, The Bank of the West 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 7.17
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.17
Small Business Loans 0.00
Construction and Development Loans 30.28
Commercial Real Estate 28.00
Commercial and Industrial Loans 11.42
Farm Loans 14.84

Frequently Asked Questions About The Bank Of The West

Branches and Savings

Is The Bank Of The West FDIC insured?

Yes. It is covered under FDIC Certificate #25703.

Why does The Bank Of The West pay such low interest on savings accounts?

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

Why are The Bank Of The West CD rates not competitive?

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

Is The Bank Of The West a commercial bank?

Yes

Where are The Bank Of The West locations?

See branch locations nearby.

Is The Bank Of The West open on Saturdays?

Is The Bank Of The West open on Sundays?

What time does The Bank Of The West open?

What time does The Bank Of The West close?

Are The Bank Of The West ATMs Open 24/7?

Do The Bank Of The West ATMs accept cash deposits?

Can The Bank Of The West customers use other ATMs?

Do The Bank Of The West branches have notaries?

Will The Bank Of The West notarize my document?

What address for The Bank Of The West should I put for incoming ACH transfers?

Will the The Bank Of The West branch print checks?

Do The Bank Of The West checks expire?

Does The Bank Of The West require US citizenship to open account?

Can The Bank Of The West close my account?

Does The Bank Of The West Report to credit bureaus?

Does The Bank Of The West Use Equifax?

What is The Bank Of The West's ACH Routing Number?

What is The Bank Of The West's SWIFT code?

Products

Does The Bank Of The West offer mortgages?

Compare mortgage rates here.

Does The Bank Of The West offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does The Bank Of The West offer personal loans?

Compare personal loan rates here.

Does The Bank Of The West offer student loans?

Will The Bank Of The West cash a check?

Will The Bank Of The West redeem a savings bond?

Does The Bank Of The West cash savings bonds?

Will The Bank Of The West cash money orders?

Can The Bank Of The West issue a money order?

Does The Bank Of The West do currency exchange?

Background on The Bank

Who owns The Bank Of The West?

How long has The Bank Of The West been around?

Can The Bank Of The West transfer to other banks?

Does The Bank Of The West have quick pay?

Does The Bank Of The West accept rolled coins?

Will The Bank Of The West accept loose change?

Where is The Bank Of The West headquarters?

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