Cullman Savings Bank

Cullman Savings Bank is headquartered in Cullman and is the 43^rd largest bank in the state of Alabama. It is also the 2,864^th largest bank in the nation. It was established in 1937 and as of March of 2012, it had grown to 38 employees at 3 locations. Cullman Savings Bank has a 5-star health rating.

Cullman Savings Bank Routing Number: 262285621

Cullman Savings Bank Checking Account Rates

Cullman Savings Bank Savings Account Rates

Cullman Savings Bank CD Rates

Cullman Savings Bank IRA Rates

Data for Q1 2012

Institution Statistics Cullman Savings Bank OTS # 04877 FDIC Certificate # 30167 BankRate Report View Year Established 1937 Employees 38 Primary Regulator OCC Assets and Liabilities Assets $222.78 million Loans $161.50 million Deposits $144.39 million Equity Capital $33.83 million Loan Loss Allowance $1.24 million Unbacked Noncurrent Loans $189,000 Real Estate Owned $561,000 Historic Data - March 2011 Assets $221.33 million Equity Capital $33.57 million Loan Loss Allowance $813,000 Unbacked Noncurrent Loans $161,000 Real Estate Owned $2.28 million Profit Margin - Quarterly Net Interest Margin 4.4% Return on Assets 1.14% Return on Equity 7.57% Interest Income $2.88 million

Institution Health Overall Score: 5 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 Cullman Savings Bank had $750,000 in non-current loans and owned real-estate with $35.07 million in equity and loan loss allowances on hand to cover it. This gives Cullman Savings Bank a Texas Ratio of 2.14% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Cullman Savings Bank decreased significantly from 7.09% as of March 31, 2011 to 2.14% as of March 31, 2012, resulting in a positive change of 69.83%.This indicates that the balance sheet and financial strength for Cullman Savings Bank has improved significantly in recent periods. Deposit Growth In the past year, Cullman Savings Bank has increased its total deposits by $5.97 million, resulting in 4.31% 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 Cullman Savings Bank 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. Cullman Savings Bank has $222.78 million in assets with $35.07 million in equity, resulting in a capitalization level of 15.74%, which is excellent.

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