Transportation Alliance Bank, Inc. d/b/a TAB Bank

4185 Harrison Boulevard, Suite 200
Ogden, UT 84403

Notable Rates APY Vs.Others
Savings 1.70% 1.90% →
1-Year CD 1.60% 1.90% →
2-Year CD N.A. 1.95% →
5-Year CD 1.65% 2.00% →
30-Year Mortgage N.A. 3.14% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.50% →

2020 Overview

General Bank Information

Transportation Alliance Bank, Inc. d/b/a TAB Bank is an FDIC insured institution located in Ogden, UT. It was founded in 1998 and has approximately $0.83 billion in assets.

FDIC Insured Yes
FDIC Certificate # 34781
Date Established 1998
Assets $ 827.00 million
Loans $ 616.82 million
Deposits $ 691.90 million
Capital $ 102.85 million
 

For a more detailed analysis of Transportation Alliance Bank, Inc. d/b/a TAB Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - April 9, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
CD Rates APY MIN MAX

Checking Rates APY MIN FEE
Free Kasasa Cash Checking 4.00% $0 $0.00 Learn MoreShow Less

Loan Rates - April 9, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Transportation Alliance Bank, Inc. d/b/a TAB 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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.542% 4.500% 0.00 $1,250 $1,267 Learn More
Rocket Mortgage
NMLS ID: 3030
4.167% 4.125% 0.00 $1,250 $1,212 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to Transportation Alliance Bank, Inc. d/b/a TAB Bank
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Branches

Transportation Alliance Bank, Inc. d/b/a TAB 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


Transportation Alliance Bank, Inc. d/b/a TAB Bank Locations


Financial Details

Transportation Alliance Bank, Inc. d/b/a TAB Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Transportation Alliance Bank, Inc. d/b/a TAB 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
Transportation Alliance Bank, Inc. d/b/a TAB Bank U.S. Bank Average
8.88% 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, Transportation Alliance Bank, Inc. d/b/a TAB Bank had $10,345,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $102,845,000 in equity and $13,647,000 in loans loss reserves. That gives it a Texas Ratio of 8.88%.

Return on Equity
Transportation Alliance Bank, Inc. d/b/a TAB Bank U.S. Bank Average
3.76% 9.41%

Transportation Alliance Bank, Inc. d/b/a TAB Bank has a Return on Equity of 3.76% 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
Transportation Alliance Bank, Inc. d/b/a TAB Bank U.S. Bank Average
12.44% 12.82%

Transportation Alliance Bank, Inc. d/b/a TAB Bank has a Capitalization of 12.44% 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.

Transportation Alliance Bank, Inc. d/b/a TAB Bank Balance Sheet Analysis

As of December 31, 2019, Transportation Alliance Bank, Inc. d/b/a TAB Bank had assets of $826,998,000, loans of $616,815,000, and deposits of $691,904,000. 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 $ 57.17 million
Interest-bearing balances $ 50.98 million
Total securities $ 83.39 million
Federal funds sold and reverse repurchase $ 13.89 million
Net loans and leases $ 616.82 million
Loan loss allowance $ 13.65 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 9.08 million
All other assets $ 39.75 million
     Total Assets $ 724.15 million
LIABILITIES
Total deposits $ 691.90 million
      Interest-bearing deposits $ 688.45 million
      Deposits held in domestic offices $ 691.90 million
      % insured (estimated) 87.50%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 20.00 million
Subordinated debt N.A.
All other liabilities $ 12.25 million
      Total Liabilities $ 724.15 million
      Shareholders’ Equity $ 102.85 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 66.85 million
Total Interest Expense $ 14.36 million
Net interest income $ 52.48 million
Provision for loan and lease losses $ 18.93 million
Total non interest income $ 8.07 million
Total non interest expense $ 40.47 million
Pre-tax Net Operating Income $ 1.16 million

Bank Loan Profile?

The top three loan types in Transportation Alliance Bank, Inc. d/b/a TAB Bank’s loan portfolio are Commercial and Industrial Loans, Credit Card Loans, and Small Business Loans.

Compared to other banks in Utah, Transportation Alliance Bank, Inc. d/b/a TAB Bank has a significantly higher percent of Commercial and Industrial 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 0.04
Multifamily
Mortgages
0.58
Credit Card Loans 0.74
Consumer Auto Loans 0.00
Small Business Loans 0.70
Construction and Development Loans 0.00
Commercial Real Estate 0.70
Commercial and Industrial Loans 91.78
Farm Loans 0.00

Frequently Asked Questions About Transportation Alliance Bank, Inc. D/b/a Tab Bank

Branches and Savings

Is Transportation Alliance Bank, Inc. D/b/a Tab Bank FDIC insured?

Yes. It is covered under FDIC Certificate #34781.

Why does Transportation Alliance Bank, Inc. D/b/a Tab Bank pay such low interest on savings accounts?

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

Why are Transportation Alliance Bank, Inc. D/b/a Tab Bank CD rates not competitive?

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

Is Transportation Alliance Bank, Inc. D/b/a Tab Bank a commercial bank?

Yes

Where are Transportation Alliance Bank, Inc. D/b/a Tab Bank locations?

See branch locations nearby.

Is Transportation Alliance Bank, Inc. D/b/a Tab Bank open on Saturdays?

Is Transportation Alliance Bank, Inc. D/b/a Tab Bank open on Sundays?

What time does Transportation Alliance Bank, Inc. D/b/a Tab Bank open?

What time does Transportation Alliance Bank, Inc. D/b/a Tab Bank close?

Are Transportation Alliance Bank, Inc. D/b/a Tab Bank ATMs Open 24/7?

Do Transportation Alliance Bank, Inc. D/b/a Tab Bank ATMs accept cash deposits?

Can Transportation Alliance Bank, Inc. D/b/a Tab Bank customers use other ATMs?

Do Transportation Alliance Bank, Inc. D/b/a Tab Bank branches have notaries?

Will Transportation Alliance Bank, Inc. D/b/a Tab Bank notarize my document?

What address for Transportation Alliance Bank, Inc. D/b/a Tab Bank should I put for incoming ACH transfers?

Will the Transportation Alliance Bank, Inc. D/b/a Tab Bank branch print checks?

Do Transportation Alliance Bank, Inc. D/b/a Tab Bank checks expire?

Does Transportation Alliance Bank, Inc. D/b/a Tab Bank require US citizenship to open account?

honeyras | Feb 05, 2020

Yes

Can Transportation Alliance Bank, Inc. D/b/a Tab Bank close my account?

Does Transportation Alliance Bank, Inc. D/b/a Tab Bank Report to credit bureaus?

Does Transportation Alliance Bank, Inc. D/b/a Tab Bank Use Equifax?

What is Transportation Alliance Bank, Inc. D/b/a Tab Bank's ACH Routing Number?

honeyras | Feb 05, 2020

124384657

What is Transportation Alliance Bank, Inc. D/b/a Tab Bank's SWIFT code?

Products

Does Transportation Alliance Bank, Inc. D/b/a Tab Bank offer mortgages?

Compare mortgage rates here.

Does Transportation Alliance Bank, Inc. D/b/a Tab Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Transportation Alliance Bank, Inc. D/b/a Tab Bank offer personal loans?

Compare personal loan rates here.

Does Transportation Alliance Bank, Inc. D/b/a Tab Bank offer student loans?

Will Transportation Alliance Bank, Inc. D/b/a Tab Bank cash a check?

Will Transportation Alliance Bank, Inc. D/b/a Tab Bank redeem a savings bond?

Does Transportation Alliance Bank, Inc. D/b/a Tab Bank cash savings bonds?

Will Transportation Alliance Bank, Inc. D/b/a Tab Bank cash money orders?

Can Transportation Alliance Bank, Inc. D/b/a Tab Bank issue a money order?

Does Transportation Alliance Bank, Inc. D/b/a Tab Bank do currency exchange?

Background on The Bank

Who owns Transportation Alliance Bank, Inc. D/b/a Tab Bank?

How long has Transportation Alliance Bank, Inc. D/b/a Tab Bank been around?

Can Transportation Alliance Bank, Inc. D/b/a Tab Bank transfer to other banks?

Does Transportation Alliance Bank, Inc. D/b/a Tab Bank have quick pay?

Does Transportation Alliance Bank, Inc. D/b/a Tab Bank accept rolled coins?

Will Transportation Alliance Bank, Inc. D/b/a Tab Bank accept loose change?

Where is Transportation Alliance Bank, Inc. D/b/a Tab Bank headquarters?

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