The Bank of Old Monroe

The Bank of Old Monroe is headquartered in Old Monroe and is the 82^nd largest bank in the state of Missouri. It is also the 2,368^th largest bank in the nation. It was established in 1906 and as of March of 2012, it had grown to 53 employees at 4 locations. The Bank of Old Monroe has a 5-star health rating.

The Bank of Old Monroe Checking Account Rates

The Bank of Old Monroe Savings Account Rates

The Bank of Old Monroe Money Market Rates

The Bank of Old Monroe CD Rates

The Bank of Old Monroe IRA Rates

Data for Q1 2012

Institution Statistics The Bank of Old Monroe FDIC Certificate # 1655 BankRate Report View Year Established 1906 Employees 53 Primary Regulator FDIC Assets and Liabilities Assets $273.26 million Loans $109.62 million Deposits $235.09 million Equity Capital $30.76 million Loan Loss Allowance $4.07 million Unbacked Noncurrent Loans $884,000 Real Estate Owned $858,000 Historic Data - March 2011 Assets $261.08 million Equity Capital $26.05 million Loan Loss Allowance $2.99 million Unbacked Noncurrent Loans $2.08 million Real Estate Owned $70,000 Profit Margin - Quarterly Net Interest Margin 3.62% Return on Assets 1.98% Return on Equity 17.59% Interest Income $2.80 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 The Bank of Old Monroe had $1.74 million in non-current loans and owned real-estate with $34.83 million in equity and loan loss allowances on hand to cover it. This gives The Bank of Old Monroe a Texas Ratio of 5.00% 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 The Bank of Old Monroe decreased slightly from 7.39% as of March 31, 2011 to 5.00% as of March 31, 2012, resulting in a positive change of 32.35%.This indicates that the balance sheet and financial strength for The Bank of Old Monroe has improved slightly in recent periods. Deposit Growth In the past year, The Bank of Old Monroe has increased its total deposits by $17.73 million, resulting in 8.16% 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 Old Monroe has shown is excellent. 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 Old Monroe has $273.26 million in assets with $34.83 million in equity, resulting in a capitalization level of 12.75%, which is excellent.

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