The Bank of Holly Springs

The Bank of Holly Springs is headquartered in Holly Springs and is the 51^st largest bank in the state of Mississippi. It is also the 3,144^th largest bank in the nation. It was established in 1869 and as of March of 2012, it had grown to 61 employees at 5 locations. The Bank of Holly Springs' money market rates are 59% higher than the national average, and it has a 3-star health rating.

The Bank of Holly Springs Checking Account Rates

The Bank of Holly Springs Savings Account Rates

The Bank of Holly Springs Money Market Rates

The Bank of Holly Springs CD Rates

The Bank of Holly Springs IRA Rates

Data for Q1 2012

Institution Statistics The Bank of Holly Springs FDIC Certificate # 8232 BankRate Report View Year Established 1869 Employees 61 Primary Regulator FDIC Assets and Liabilities Assets $197.92 million Loans $124.21 million Deposits $169.18 million Equity Capital $25.41 million Loan Loss Allowance $2.09 million Unbacked Noncurrent Loans $5.07 million Real Estate Owned $3.29 million Historic Data - March 2011 Assets $188.08 million Equity Capital $23.21 million Loan Loss Allowance $1.84 million Unbacked Noncurrent Loans $2.26 million Real Estate Owned $2.28 million Profit Margin - Quarterly Net Interest Margin 5.3% Return on Assets 2.18% Return on Equity 17% Interest Income $2.70 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 The Bank of Holly Springs had $8.36 million in non-current loans and owned real-estate with $27.5 million in equity and loan loss allowances on hand to cover it. This gives The Bank of Holly Springs a Texas Ratio of 30.41% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The Bank of Holly Springs increased slightly from 15.88% as of March 31, 2011 to 30.41% as of March 31, 2012, resulting in a negative change of 91.49%. This indicates that the balance sheet and financial strength for The Bank of Holly Springs has declined slightly in recent periods. Deposit Growth In the past year, The Bank of Holly Springs has increased its total deposits by $7.62 million, resulting in 4.72% 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 The Bank of Holly Springs 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. The Bank of Holly Springs has $197.92 million in assets with $27.5 million in equity, resulting in a capitalization level of 13.89%, which is excellent.

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