Colorado Valley Bank,SSB

Colorado Valley Bank,SSB is headquartered in La Grange and is the 578^th largest bank in the state of Texas. It is also the 6,988^th largest bank in the nation. It was established in 1985 and as of March of 2012, it had grown to 15 employees at 2 locations. Colorado Valley Bank,SSB's savings rates are 63% higher than the national average, and it has a 3-star health rating.

Colorado Valley Bank,SSB Checking Account Rates

Colorado Valley Bank,SSB Savings Account Rates

Colorado Valley Bank,SSB Money Market Rates

Colorado Valley Bank,SSB CD Rates

Colorado Valley Bank,SSB IRA Rates

Data for Q1 2012

Institution Statistics Colorado Valley Bank,SSB FDIC Certificate # 26424 BankRate Report View Year Established 1985 Employees 15 Primary Regulator FDIC Assets and Liabilities Assets $28.55 million Loans $19.53 million Deposits $24.28 million Equity Capital $1.67 million Loan Loss Allowance $127,000 Unbacked Noncurrent Loans $162,000 Real Estate Owned $125,000 Historic Data - March 2011 Assets $27.24 million Equity Capital $1.50 million Loan Loss Allowance $126,000 Unbacked Noncurrent Loans $111,000 Profit Margin - Quarterly Net Interest Margin 4.32% Return on Assets -1.25% Return on Equity -21.19% Interest Income $373,000

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 March 31, 2012 Colorado Valley Bank,SSB had $287,000 in non-current loans and owned real-estate with $1.8 million in equity and loan loss allowances on hand to cover it. This gives Colorado Valley Bank,SSB a Texas Ratio of 15.95% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Colorado Valley Bank,SSB increased slightly from 6.83% as of March 31, 2011 to 15.95% as of March 31, 2012, resulting in a negative change of 133.55%. This indicates that the balance sheet and financial strength for Colorado Valley Bank,SSB has declined slightly in recent periods. Deposit Growth In the past year, Colorado Valley Bank,SSB has increased its total deposits by $1.11 million, resulting in 4.8% 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 Colorado Valley Bank,SSB 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. Colorado Valley Bank,SSB has $28.55 million in assets with $1.8 million in equity, resulting in a capitalization level of 6.30%, which is below average.

No reviews have been left for this bank yet. Be the first to review.