Hastings State Bank

Hastings State Bank is headquartered in Hastings and is the 69^th largest bank in the state of Nebraska. It is also the 4,016^st largest bank in the nation. It was established in 1964 and as of March of 2012, it had grown to 48 employees at 7 locations. Hastings State Bank has a 3-star health rating.

Hastings State Bank Routing Number: 104901034

Hastings State Bank Checking Account Rates

Hastings State Bank Savings Account Rates

Hastings State Bank Money Market Rates

Hastings State Bank CD Rates

Hastings State Bank IRA Rates

Data for Q1 2012

Institution Statistics Hastings State Bank FDIC Certificate # 18984 BankRate Report View Year Established 1964 Employees 48 Primary Regulator FDIC Assets and Liabilities Assets $141.87 million Loans $67.28 million Deposits $109.38 million Equity Capital $10.61 million Loan Loss Allowance $3.11 million Unbacked Noncurrent Loans $1.10 million Real Estate Owned $990,000 Historic Data - March 2011 Assets $143.34 million Equity Capital $8.89 million Loan Loss Allowance $2.52 million Unbacked Noncurrent Loans $231,000 Real Estate Owned $1.72 million Profit Margin - Quarterly Net Interest Margin 3.5% Return on Assets 0.66% Return on Equity 8.85% Interest Income $1.36 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 March 31, 2012 Hastings State Bank had $2.09 million in non-current loans and owned real-estate with $13.72 million in equity and loan loss allowances on hand to cover it. This gives Hastings State Bank a Texas Ratio of 15.26% 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 Hastings State Bank held steady from 17.10% as of March 31, 2011 to 15.26% as of March 31, 2012, resulting in a positive change of 10.77%.This indicates that the balance sheet and financial strength for Hastings State Bank has held steady in recent periods. Deposit Growth In the past year, Hastings State Bank has decreased its total deposits by -$8.8 million, resulting in -7.45% 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 Hastings State Bank has shown is poor. 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. Hastings State Bank has $141.86 million in assets with $13.72 million in equity, resulting in a capitalization level of 9.67%, which is average.

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