Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
800-447-4282
220 Main Street
Hawesville, KY 42348

Hancock Bank & Trust Company is headquartered in Hawesville and is the 46th largest bank in the state of Kentucky. It is also the 2,190th largest bank in the nation. It was established in 1888 and as of March of 2014, it had grown to 86 employees at 6 locations. Hancock Bank & Trust Company has a C health rating.

Related Posts



Reviews (1)

So Far So Good . . .

Have just set up the account online. 4% on up to 40k. Seems to have gone smoothly. Also got the people at the main office on the phone, and they were very helpful. I'm leaving another KY bank--Commonwealth Bank & Trust, because they just introduced a tier structure on their rewards checking. We'll see how it goes . . .



Health

Data for Q1 2014

Institution Health

C

Texas Ratio

GRADE:
C-

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Hancock Bank & Trust Company had $21.6 million in non-current loans and owned real-estate with $33.27 million in equity and loan loss allowances on hand to cover it. This gives Hancock Bank & Trust Company a Texas Ratio of 64.91% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for Hancock Bank & Trust Company increased slightly from 42.55% as of March 31, 2013 to 64.91% as of March 31, 2014, resulting in a negative change of 52.56%. This indicates that the balance sheet and financial strength for Hancock Bank & Trust Company has declined slightly in recent periods.

Deposit Growth

GRADE:
F

In the past year, Hancock Bank & Trust Company has decreased its total deposits by -$33.74 million, resulting in -11.29% 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 Hancock Bank & Trust Company 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. Hancock Bank & Trust Company has $297.55 million in assets with $33.27 million in equity, resulting in a capitalization level of 11.18%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #8128
Year Established1888
Employees86
Primary RegulatorFDIC
Assets and Liabilities
Assets$297.55 million
Loans$205.84 million
Deposits$265.12 million
Equity Capital$28.65 million
Loan Loss Allowance$4.62 million
Unbacked Noncurrent Loans$11.22 million
Real Estate Owned$10.38 million
Historic Data - March 2013
Assets$332.06 million
Equity Capital$28.29 million
Loan Loss Allowance$5.31 million
Unbacked Noncurrent Loans$11.22 million
Real Estate Owned$7.56 million
Profit Margin - Quarterly
Net Interest Margin3.51%
Return on Assets-0.64%
Return on Equity-6.65%
Interest Income$2.92 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Hancock Bank & Trust Company, we are a rate comparison website and can not provide official rates or promotions.

Hancock Bank & Trust Company Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%-$50kGreen Rewards Savings - Qualifying
0.10%$50-Statement Savings
0.05%--Green Rewards Savings - Non Qualifying

Hancock Bank & Trust Company Money Market Rates

DetailsAPYMINMAXPRODUCT
0.15%$25k-Money Market Investment Savings
0.05%--Money Market Account

Hancock Bank & Trust Company Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.60%-$40kGreen Rewards Checking - Qualifying
0.05%$1k-Friends & Neighbors Checking
0.05%$1k-Business Basics Checking
0.05%$2k-Commercial Business Checking
0.05%--Green Rewards Checking - Non Qualifying

Hancock Bank & Trust Company CD Rates

DetailsAPYMINMAXPRODUCT
0.90%$500-60 Month CD
0.70%$500-48 Month CD
0.60%$500-36 Month CD
0.55%$500-30 Month CD
0.50%$500-24 Month CD
0.50%$50-36 Month Add-On CD
0.40%$500-18 Month CD
0.40%$50-24 Month Add-On CD
0.30%$500-12 Month CD
0.20%$500-180 Day CD
0.10%$500-90 Day CD

Hancock Bank & Trust Company IRA Rates

DetailsAPYMINMAXPRODUCT
0.90%$500-60 Month IRA
0.70%$500-48 Month IRA
0.60%$500-36 Month IRA
0.55%$500-30 Month IRA
0.50%$500-24 Month IRA
0.40%$500-18 Month IRA
0.30%$500-12 Month IRA
0.20%$500-180 Day IRA
0.10%$500-90 Day IRA
Locations


Hancock Bank & Trust Company Locations
Breckinridge Bank Branch102 West Main StreetCloverport, KY 40111
Hancock Bank & Trust Company220 Main StreetHawesville, KY 42348
Madisonville South Branch240 S. Main StreetMadisonville, KY 42431
Madisonville North Branch2420 North Main StreetMadisonville, KY 42431
Bowling Green Branch2501 Crossings BlvdBowling Green, KY 42104
Lewisport BranchU.S. Highway 60 EastLewisport, KY 42351