Morgantown Bank & Trust Company, Incorporated
LOCATIONS
5
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HEALTH RATING
A
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CURRENT TOP RATE
5.00% APY
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Overview / Commentary
Morgantown Bank & Trust Company, Incorporated is headquartered in MORGANTOWN and is the 49th largest bank in the state of Kentucky. It is also the 2,214th largest bank in the nation. It was established in 1880 and as of June of 2024, it had grown to 59 employees at 6 locations. Morgantown Bank & Trust Company, Incorporated's money market rates are 14% higher than the national average, and it has an A health rating.
Health
A
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 275 |
| Year Established | 1880 |
| Employees | 59 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.59% |
| Return on Equity - YTD | 9.35% |
| Annual Interest Income | $8.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $357.5MM$296MM |
| Loans | Q2 2024vs Q2 2023 | $264.8MM$205.7MM |
| Deposits | Q2 2024vs Q2 2023 | $297.6MM$263MM |
| Equity Capital | Q2 2024vs Q2 2023 | $25.6MM$17.6MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $1.6MM$1.5MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $228K$207K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |