Small Business Bank


Overview / Commentary
855-635-9696
13423 West 92nd Street
Lenexa, KS 66215

Small Business Bank is headquartered in LENEXA and is the 143rd largest bank in the state of Kansas. It is also the 3,914th largest bank in the nation. It was established in 1984 and as of December of 2023, it had grown to 19 employees at 1 location. Small Business Bank has a C+ health rating.

Reviews (2)

Best Small Business Checking Account

Posted by: |

This bank is also DBA smallbusinessbank.com.  They offer free checking, free debit card, and free remote deposit.  Free remote deposit allows you to deposit checks remotely.  I have not yet found another bank that offers similar service without a fee.  Also, this bank, being a small bank, offers very friendly services.  Employees are very friendly and very helpful.  I have been with them for a little less than a year, but I highly recommend their service.  I live in California, but I have no problem using their banking service.

Great Features, Horrible Technology

I love the account features like no minimums, phone deposit, no fees, high deposit limits.

Unfortunately, their technology platform is really bad. Apps for Android are very buggy. The web site does not show recent deposits. History is difficult to access. Bank security incompatible with Mint.

Build a better web site and get a Windows 10 universal app, and this 2 star rating becomes a 5. My needs are very simple. It will not take a big investment. Technology is the only thing lacking, but it is really badly lacking.



Health
C+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Small Business Bank has a relatively low asset base, and a negative return on equity.

Health Grade Components

Overall
FDIC Certificate #25744
Year Established1984
Employees19
Primary RegulatorFED
Profit Margin
Return on Assets - YTD-2.02%
Return on Equity - YTD-20.8%
Annual Interest Income$4.1MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$95.8MM$99.5MM
LoansQ4 2023vs Q4 2022$77.5MM$83.1MM
DepositsQ4 2023vs Q4 2022$87.2MM$88.5MM
Equity CapitalQ4 2023vs Q4 2022$7.9MM$10.7MM
Loan Loss AllowanceQ4 2023vs Q4 2022$551K$527K
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$120K$485K
Real Estate OwnedQ4 2023vs Q4 2022$0$0
Rates

Rates for Small Business Bank are currently being reviewed.

Locations


Small Business Bank Locations
Gardner Bank13423 W 92nd StLenexa, KS 66215

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