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Overview / Commentary
819 20th St
Haleyville, AL 35565

Traders & Farmers Bank is headquartered in Haleyville and is the 25th largest bank in the state of Alabama. It is also the 1,844th largest bank in the nation. It was established in 1906 and as of March of 2014, it had grown to 110 employees at 7 locations. Traders & Farmers Bank has a B+ health rating.

Reviews (1)

Awfull Customer Services

The officer, I spoke with was not very helpful... not sure how he got the job... but they need to retire him....



Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
B

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 Traders & Farmers Bank had $7.96 million in non-current loans and owned real-estate with $43.76 million in equity and loan loss allowances on hand to cover it. This gives Traders & Farmers Bank a Texas Ratio of 18.18% which is above 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 Traders & Farmers Bank experienced no significant changes from 19.69% as of March 31, 2013 to 18.18% as of March 31, 2014, resulting in a positive change of 7.65%.This indicates that the balance sheet and financial strength for Traders & Farmers Bank has had no significant changes in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Traders & Farmers Bank has increased its total deposits by $4.04 million, resulting in 1.42% 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 Traders & Farmers Bank has shown is above average.

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. Traders & Farmers Bank has $358.41 million in assets with $43.76 million in equity, resulting in a capitalization level of 12.21%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #47
Year Established1906
Employees110
Primary RegulatorFDIC
Assets and Liabilities
Assets$358.41 million
Loans$161.01 million
Deposits$287.85 million
Equity Capital$41.66 million
Loan Loss Allowance$2.10 million
Unbacked Noncurrent Loans$2.13 million
Real Estate Owned$5.83 million
Historic Data - March 2013
Assets$362.78 million
Equity Capital$49.89 million
Loan Loss Allowance$2.11 million
Unbacked Noncurrent Loans$2.13 million
Real Estate Owned$4.67 million
Profit Margin - Quarterly
Net Interest Margin3.77%
Return on Assets0.89%
Return on Equity7.91%
Interest Income$3.82 million
Rates

Sorry, we do not have rate data for Traders & Farmers Bank

Locations


Traders & Farmers Bank Locations
Double Springs Branch10 Blake DriveDouble Springs, AL 35553
Lynn Branch101 Heck StLynn, AL 35575
Bear Creek Branch309 Main StreetBear Creek, AL 35543
Addison Branch30966 Hwy 278Addison, AL 35540
Curry Branch5329 Curry HwyCurry, AL 35503
Arley Branch6141 County Road 41Arley, AL 35541
Traders & Farmers Bank819 20th StHaleyville, AL 35565