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Overview / Commentary
800-455-2275
One Montgomery Bank Plaza
Sikeston, MO 63801

Montgomery Bank is headquartered in Sikeston and is the 29th largest bank in the state of Missouri. It is also the 756th largest bank in the nation. It was established in 1934 and as of December of 2013, it had grown to 206 employees at 11 locations. Montgomery Bank's savings rates are 10X the national average, and it has a C+ health rating.

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Health

Data for Q4 2013

Institution Health

C+

Texas Ratio

GRADE:
B

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 December 31, 2013 Montgomery Bank had $13.6 million in non-current loans and owned real-estate with $84.23 million in equity and loan loss allowances on hand to cover it. This gives Montgomery Bank a Texas Ratio of 16.15% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Montgomery Bank decreased slightly from 20.16% as of December 31, 2012 to 16.15% as of December 31, 2013, resulting in a positive change of 19.92%.This indicates that the balance sheet and financial strength for Montgomery Bank has improved slightly in recent periods.

Deposit Growth

GRADE:
D

In the past year, Montgomery Bank has decreased its total deposits by -$39.08 million, resulting in -5.22% 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 Montgomery Bank has shown is below average.

Capitalization

GRADE:
C+

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. Montgomery Bank has $888.5 million in assets with $84.23 million in equity, resulting in a capitalization level of 9.48%, which is average.

Institution Statistics

Overall
FDIC Certificate #8255
Year Established1934
Employees206
Primary RegulatorOCC
Assets and Liabilities
Assets$888.50 million
Loans$720.18 million
Deposits$709.46 million
Equity Capital$75.05 million
Loan Loss Allowance$9.19 million
Unbacked Noncurrent Loans$5.65 million
Real Estate Owned$7.95 million
Historic Data - December 2012
Assets$907.00 million
Equity Capital$74.16 million
Loan Loss Allowance$8.85 million
Unbacked Noncurrent Loans$5.65 million
Real Estate Owned$7.46 million
Profit Margin - Quarterly
Net Interest Margin3.79%
Return on Assets0.67%
Return on Equity8.09%
Interest Income$34.58 million
Rates

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

Montgomery Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
5.01%-$500Kid's Club Savings
0.30%$100k-Montgomery Platinum Savings
0.30%$100k-Montgomery Platinum IRA Savings
0.16%$25k-Montgomery Gold Savings
0.16%$25k-Montgomery Gold IRA Savings
0.15%$25k-Health Savings Checking Account
0.11%--Montgomery Blue Savings
0.11%--Montgomery Blue IRA Savings
0.11%--Montgomery New Start Savings

Montgomery Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.15%$10k-Montgomery Gold Money Market
0.11%$5k-Montgomery Blue Money Market

Montgomery Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
2.01%-$15kMontgomery eBlue Checking Account
2.01%-$1kMontgomery eTeen Checking
0.11%$50k-Montgomery Gold Checking
0.11%$10k-Group Banking Checking
0.06%$1,500-Montgomery Blue Free Checking
0.06%$1,500-Montgomery New Start Checking
0.01%--Montgomery eBlue Checking Account

Montgomery Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.20%$1k-5 Year CD
1.00%$1k-4 Year CD
0.80%$1k-3 Year CD
0.60%$1k-2 Year CD
0.40%$1k-12 Month CD
0.40%$1k-13 Month CD
0.40%$1k-15 Month CD
0.40%$1k-18 Month CD
0.25%$1k-6 Month CD
0.25%$1k-7 Month CD
0.25%$1k-9 Month CD
0.25%$1k-10 Month CD
0.12%$1k-5 Month CD
0.10%$1k-3 Month CD
Locations

Montgomery Bank has 11 locations. Click to view all Montgomery Bank locations.