Bank of Bolivar is headquartered in Bolivar and is the 111st largest bank in the state of Missouri. It is also the 3,021st largest bank in the nation. It was established in 1997 and as of December of 2013, it had grown to 66 employees at 4 locations. Bank of Bolivar's savings rates are 94% higher than the national average, and it has a B health rating.
i know for a fact bank of bolivar terminated 2 single mothers for questioning the terrible working conditions in the spfd location. the bank then stiffed them of the money that was owed to them leaving them in a difficult posistion each with children to care for. id use any bank before ever using BOB. you cant get much lower than that.
I witnessed an older lady, the Assistant Vice President I believe, treating employees on the teller line terrible. The President of the Springfield location lied and cheated anyway he could to get my business. I recommend using any bank in the area before BoB.
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Bank of Bolivar had $6.5 million in non-current loans and owned real-estate with $22.83 million in equity and loan loss allowances on hand to cover it. This gives Bank of Bolivar a Texas Ratio of 28.46% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Bank of Bolivar decreased slightly from 35.10% as of December 31, 2012 to 28.46% as of December 31, 2013, resulting in a positive change of 18.91%.This indicates that the balance sheet and financial strength for Bank of Bolivar has improved slightly in recent periods.
In the past year, Bank of Bolivar has increased its total deposits by $710,000, resulting in 0.4% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bank of Bolivar has shown is above average.
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bank of Bolivar has $202.83 million in assets with $22.83 million in equity, resulting in a capitalization level of 11.26%, which is excellent.
|FDIC Certificate #||34397|
|Assets and Liabilities|
|Equity Capital||$20.69 million|
|Loan Loss Allowance||$2.14 million|
|Unbacked Noncurrent Loans||$957,000|
|Real Estate Owned||$5.54 million|
|Historic Data - December 2012|
|Equity Capital||$20.13 million|
|Loan Loss Allowance||$2.08 million|
|Unbacked Noncurrent Loans||$957,000|
|Real Estate Owned||$7.24 million|
|Profit Margin - Quarterly|
|Net Interest Margin||4.14%|
|Return on Assets||0.69%|
|Return on Equity||6.83%|
|Interest Income||$8.73 million|
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|1.01%||-||$15k||Ultimate Saver Savings|
|0.05%||-||-||Ultimate Saver Savings|
|1.75%||-||$15k||Ultimate Free Checking|
|1.75%||-||$15k||Ultimate Saver Checking|
|0.20%||$8k||-||Basic Interest Checking|
|0.05%||-||-||Ultimate Free Checking|
|0.05%||-||-||Ultimate Saver Checking|
|1.10%||$500||-||60 Month CD|
|0.95%||$500||-||48 - 59 Month CD|
|0.70%||$500||-||36 - 47 Month CD|
|0.55%||$500||-||30 Month Choice CD Special|
|0.55%||$500||-||24 - 35 Month CD|
|0.35%||$500||-||18 Month Choice CD Special|
|0.35%||$500||-||12 - 23 Month CD|
|0.25%||$500||-||182 - 364 Day CD|
|0.15%||$500||-||91 - 181 Day CD|
|1.10%||$500||-||60 Month IRA (Traditional,Roth)|
|0.95%||$500||-||48 - 59 Month IRA (Traditional,Roth)|
|0.70%||$500||-||36 - 47 Month IRA (Traditional,Roth)|
|0.55%||$500||-||24 - 35 Month IRA (Traditional,Roth)|
|0.55%||$500||-||30 Month Choice IRA Special (Traditional,Roth)|
|0.35%||$500||-||12 - 23 Month IRA (Traditional,Roth)|
|0.35%||$500||-||18 Month Choice IRA Special (Traditional,Roth)|
|Bank of Bolivar Locations|
|Bolivar Branch||2126 West Broadway||Bolivar, MO 65613|
|Bank Of Bolivar||2920 E Chestnut Expressway||Springfield, MO 65802|
|Fair Grove Branch||40 North Main Street||Fair Grove, MO 65648|
|Bank Of Bolivar||495 South Springfield Avenue||Bolivar, MO 65613|