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Overview / Commentary
607 Hwy 78 East
Jasper, AL 35501

Bank of Walker County is headquartered in Jasper and is the 115st largest bank in the state of Alabama. It is also the 5,447th largest bank in the nation. It was established in 2004 and as of December of 2013, it had grown to 20 employees at 1 location. Bank of Walker County has a C+ health rating.

Reviews (1)

Bank Of Walker County Is A Very Flexible And Helpful Bank.

Bank of Walker County is a very flexible and helpful bank. I discovered this recently when my employer wanted to close a retirement account they for me and my fellow employees. All of us had vested interest in this account but it had to be closed. Walker County Bank sent a representative to talk with us in a meeting and help us roll our retirement into CDs. I took advantage of this and my interest has capitalized several times already. My account just keeps growing. I made a few withdrawals and I was amazed at how quickly and effortlessly I received my money. They really go out of their way to cater to their customers. They have the latest technology, but they also know that nothing can take the place of virtues, service and caring for our customers. They are bringing back customer respect and appreciation.



Health

Data for Q4 2013

Institution Health

C+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Bank of Walker County has a relatively low asset base.

Texas Ratio

GRADE:
A

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 Walker County had $897,000 in non-current loans and owned real-estate with $10.63 million in equity and loan loss allowances on hand to cover it. This gives Bank of Walker County a Texas Ratio of 8.44% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for Bank of Walker County increased slightly from 1.22% as of December 31, 2012 to 8.44% as of December 31, 2013, resulting in a negative change of 592.33%. This indicates that the balance sheet and financial strength for Bank of Walker County has declined slightly in recent periods.

Deposit Growth

GRADE:
F

In the past year, Bank of Walker County has decreased its total deposits by -$11.24 million, resulting in -15.61% 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 Walker County has shown is poor.

Capitalization

GRADE:
A+

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 Walker County has $70.81 million in assets with $10.63 million in equity, resulting in a capitalization level of 15.01%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #57640
Year Established2004
Employees20
Primary RegulatorFDIC
Assets and Liabilities
Assets$70.81 million
Loans$47.02 million
Deposits$60.76 million
Equity Capital$10.00 million
Loan Loss Allowance$626,000
Unbacked Noncurrent Loans$867,000
Real Estate Owned$30,000
Historic Data - December 2012
Assets$82.41 million
Equity Capital$10.07 million
Loan Loss Allowance$756,000
Unbacked Noncurrent Loans$867,000
Real Estate Owned$40,000
Profit Margin - Quarterly
Net Interest Margin3.75%
Return on Assets0.64%
Return on Equity4.9%
Interest Income$3.15 million
Rates

Sorry, we do not have rate data for Bank of Walker County

Locations


Bank of Walker County Locations
Bank Of Walker County607 Hwy 78 EastJasper, AL 35501