Bank of Washington

Main And Oak Streets
Washington, MO 63090
(636) 239-7831
www.bankofwashington.com

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Bank of Washington is headquartered in Washington and is the 29^th largest bank in the state of Missouri. It is also the 832^nd largest bank in the nation. It was established in 1877 and as of September of 2011, it had grown to 108 employees at 6 locations. Bank of Washington's savings rates are 92% higher than the national average, and it has a 3-star health rating.

Bank of Washington Routing Number: 081902198

3.00% 25-Month CD & 2.50% 13-Month CD with Add-On Feature at America's Credit Union - Easy Membership - 9/9/2009

Update 9/25/09: The specials have changed, and the rates have fallen. There's now only one Super Bump Flex Certificate: 2.50% APY for 25 months. The other ones are now standard share certificates: 2.00% APY for 7 months and 2.15% APY for 13 months.The...

2.88% 18-Month Add-On CD and Other Competitive Rates at First Savings Bank Northwest in WA - 5/10/2009

First Savings Bank Northwest is offering competitive rates on its CDs and money market account. The best CD deal is its Grow With Us CD which offers a 2.88% APY for an 18-month term. Minimum deposit is $500. It has an add-on feature that allows...

3.90% 12-Month CD & 3.50% 6-Month CD at Frontier Bank in WA & OR - 1/22/2009

Update 2/12/09: The CD rates have fallen. Please check the bank's website for the latest rates.Frontier Bank is listing a competitive CD promotion. It includes a 3.90% APY 12-month CD and a 3.50% APY 6-month CD. The 3.90% APY requires a $50,000 minimum...

4.00% 7-Month Add-On CD at America's Credit Union in WA - Easy Membership - 12/15/2008

Update 2/14/09: New lower rate Super Bump Flex Certificates have been posted: 2.50% APY 3-monthUpdate 1/24/09: New lower rate Super Bump Flex Certificates have been posted: 3.25% APY 6-month and 2.75% APY 3-monthUpdate 12/15/08: The term of the Super...

2008

7/14 - iPod nano Checking Account Promotion at KeyBank - Update 2

2007

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See Rates for: Checking | Savings | Money Market | CD | IRA

Bank of Washington Checking Account Rates

Apy	Min	Max	Product
2.53%	-	$30k	Senior Advantage Green Relationship Checking
2.53%	$25	$30k	Green Advantage - Qualifying
0.35%	$5k	-	Senior Advantage Relationship Checking
0.25%	-	-	Now Account

Bank of Washington Savings Account Rates

Apy	Min	Max	Product
1.00%	$10k	-	Health Savings Account
0.50%	$100	-	Statement Savings

Bank of Washington Money Market Rates

	Apy	Min	Max	Product
	0.75%	-	-	Money Market Deposit Account

Bank of Washington CD Rates

Apy	Min	Max	Product
2.01%	$5k	-	60 Month CD
1.41%	$5k	-	48 Month CD
1.11%	$5k	-	36 Month CD
0.60%	$5k	-	24 Month CD
0.50%	$5k	-	18 Month CD
0.40%	$5k	-	12 Month CD
0.25%	$5k	-	6 Month CD
0.15%	$5k	-	91 Day CD

Bank of Washington IRA Rates

Apy	Min	Max	Product
2.01%	$5k	-	60 Month IRA
1.41%	$5k	-	48 Month IRA
1.11%	$5k	-	36 Month IRA
0.60%	$5k	-	24 Month IRA
0.50%	$5k	-	18 Month IRA
0.40%	$5k	-	12 Month IRA
0.25%	$5k	-	6 Month IRA
0.15%	$5k	-	91 Day IRA

Rates updated: 2/10/2012

Data for Q3 2011

Institution Statistics

Bank of Washington
FDIC Certificate #	12627
BankRate Report	View
Year Established	1877
Employees	108
Primary Regulator	FDIC
Assets and Liabilities
Assets	$797.29 million
Loans	$667.95 million
Deposits	$571.94 million
Equity Capital	$86.54 million
Loan Loss Allowance	$15.37 million
Unbacked Noncurrent Loans	$48.28 million
Real Estate Owned	$15.41 million
Historic Data - September 2010
Assets	$768.28 million
Equity Capital	$84.06 million
Loan Loss Allowance	$14.16 million
Unbacked Noncurrent Loans	$33.73 million
Real Estate Owned	$8.93 million
Profit Margin - Quarterly
Net Interest Margin	3.93%
Return on Assets	1.13%
Return on Equity	10.45%
Interest Income	$28.96 million

Institution Health

Overall Score:

3 out of 5

Texas Ratio
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 September 30, 2011 Bank of Washington had $63.69 million in non-current loans and owned real-estate with $101.91 million in equity and loan loss allowances on hand to cover it. This gives Bank of Washington a Texas Ratio of 62.50% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Bank of Washington increased slightly from 43.43% as of September 30, 2010 to 62.50% as of September 30, 2011, resulting in a negative change of 43.90%. This indicates that the balance sheet and financial strength for Bank of Washington has declined slightly in recent periods.
Deposit Growth
In the past year, Bank of Washington has increased its total deposits by $14.04 million, resulting in 2.52% 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 Washington has shown is above average.
Capitalization
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 Washington has $797.29 million in assets with $101.91 million in equity, resulting in a capitalization level of 12.78%, which is excellent.