Wauchula State Bank

106 East Main Street
Wauchula, FL 33873

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 8021
Date Established 1929
Assets $0.65 billion
Loans $0.44 billion
Deposits $0.57 billion
Capital $0.08 billion

Wauchula State Bank is an FDIC insured institution located in Wauchula, FL. It was founded in 1929 and has approximately $0.65 billion in assets. Customers can open an account at one of its 7 branches.

For a more detailed analysis of Wauchula State 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 Wauchula State Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in Florida, Wauchula State Bank has a significantly higher percent of Farm 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 28.72
Multifamily
Mortgages
3.10
Credit Card Loans 0.00
Consumer Auto Loans 0.38
Small Business Loans 8.41
Construction and Development Loans 7.44
Commercial Real Estate 38.97
Commercial and Industrial Loans 3.27
Farm Loans 2.79

Deposit Rates - February 23, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $1 $24,999 Learn MoreShow Less
Money Market
0.10% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.25% $1,000 - Learn MoreShow Less
6 Mo CD
0.50% $1,000 - Learn MoreShow Less
12 Mo CD
0.75% $1,000 - Learn MoreShow Less
Special: 15 Mo CD
2.27% $1,000 - Learn MoreShow Less
18 Mo CD
1.11% $1,000 - Learn MoreShow Less
24 Mo CD
1.26% $1,000 - Learn MoreShow Less
30 Mo CD
0.40% $1,000 - Learn MoreShow Less
36 Mo CD
1.76% $1,000 - Learn MoreShow Less
60 Mo CD
1.82% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.75% $1,000 - Learn MoreShow Less
Special: 15 Mo FIRA
2.27% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
1.26% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.04% $1 $1,499 Learn MoreShow Less
Int Ckg
0.05% $1,500 - Learn MoreShow Less

Loan Rates - February 23, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Wauchula State 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
Rocket Mortgage
NMLS ID: 3030
4.750% 4.750% 0.00 $0 $1,305 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
Flagstar Bank
Flagstar Bank
Intro APR
3.490 %
After Intro: 6.240 %
Intro Period: 6 months
$25,000 Learn More
More Info

Note to Wauchula State Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Wauchula State 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


Wauchula State Bank Locations


Financial Details

Wauchula State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Wauchula State 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
Wauchula State Bank U.S. Bank Average
15.3% 7.34%

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, 2018, Wauchula State Bank had $12,213,000 in non-current loans and $1,239,000 in owned real estate. To cover these potential losses it had $80,098,000 in equity and $7,836,000 in loans loss reserves. That gives it a Texas Ratio of 15.3%.

Return on Equity
Wauchula State Bank U.S. Bank Average
18.74% 9.95%

Wauchula State Bank has a Return on Equity of 18.74% versus the BestCashCow average of 9.95%. 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
Wauchula State Bank U.S. Bank Average
12.25% 12.19%

Wauchula State Bank has a Capitalization of 12.25% versus the BestCashCow average of 12.19. 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.

Wauchula State Bank Balance Sheet Analysis

As of September 30, 2018, Wauchula State Bank had assets of $654,034,000, loans of $444,888,000, and deposits of $568,091,000. 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, 2018
ASSETS
Cash & Balances due from depository institutions $0.05 billion
Interest-bearing balances $0.04 billion
Total securities $0.14 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.44 billion
Loan loss allowance $0.01 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 $0.01 billion
     Total Assets $0.57 billion
LIABILITIES
Total deposits $0.57 billion
      Interest-bearing deposits $0.41 billion
      Deposits held in domestic offices $0.57 billion
      % insured (estimated) 69.66%
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 $0.57 billion
      Shareholders’ Equity $0.08 billion

Summary Income Statement

September 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.01 billion

Frequently Asked Questions About Wauchula State Bank

Branches and Savings

Is Wauchula State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #8021.

Why does Wauchula State Bank pay such low interest on savings accounts?

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

Why are Wauchula State Bank CD rates not competitive?

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

Is Wauchula State Bank a commercial bank?

Yes

Where are Wauchula State Bank locations?

See branch locations nearby.

Is Wauchula State Bank open on Saturdays?

Is Wauchula State Bank open on Sundays?

What time does Wauchula State Bank open?

What time does Wauchula State Bank close?

Are Wauchula State Bank ATMs Open 24/7?

Do Wauchula State Bank ATMs accept cash deposits?

Can Wauchula State Bank customers use other ATMs?

Do Wauchula State Bank branches have notaries?

Will Wauchula State Bank notarize my document?

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

Will the Wauchula State Bank branch print checks?

Do Wauchula State Bank checks expire?

Does Wauchula State Bank require US citizenship to open account?

Can Wauchula State Bank close my account?

Does Wauchula State Bank Report to credit bureaus?

Does Wauchula State Bank Use Equifax?

What is Wauchula State Bank's ACH Routing Number?

What is Wauchula State Bank's SWIFT code?

Products

Does Wauchula State Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Wauchula State Bank offer personal loans?

Compare personal loan rates here.

Does Wauchula State Bank offer student loans?

Will Wauchula State Bank cash a check?

Will Wauchula State Bank redeem a savings bond?

Does Wauchula State Bank cash savings bonds?

Will Wauchula State Bank cash money orders?

Can Wauchula State Bank issue a money order?

Does Wauchula State Bank do currency exchange?

Background on The Bank

Who owns Wauchula State Bank?

How long has Wauchula State Bank been around?

Can Wauchula State Bank transfer to other banks?

Does Wauchula State Bank have quick pay?

Does Wauchula State Bank accept rolled coins?

Will Wauchula State Bank accept loose change?

Where is Wauchula State Bank headquarters?

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*All images, logos and public notes on this page appear courtesy of Wauchula State Bank and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.