Overview / Commentary
Tarboro Savings Bank, SSB is headquartered in Tarboro and is the 43rd largest bank in the state of North Carolina. It is also the 4,981st largest bank in the nation. It was established in 1906 and as of December of 2018, it had grown to 8 employees at 1 location. Tarboro Savings Bank, SSB's savings rates are 44% higher than the national average, and it has a B+ health rating.
Health
B+
Data as of Q4 2018
Learn why bank health mattersAdditional 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. Tarboro Savings Bank, SSB has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 29061 |
| Year Established | 1906 |
| Employees | 8 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.58% |
| Return on Equity - YTD | 3.88% |
| Annual Interest Income | $1.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $47.6MM$45.3MM |
| Loans | Q4 2018vs Q4 2017 | $36.8MM$32.9MM |
| Deposits | Q4 2018vs Q4 2017 | $40.5MM$38.5MM |
| Equity Capital | Q4 2018vs Q4 2017 | $7.0MM$6.8MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $149.00K$108.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $583.00K$403.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
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Tarboro Savings Bank, SSB Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.75% | $50 | - | Passbook Savings | |
| 0.75% | $50 | - | Christmas Club Savings |
Tarboro Savings Bank, SSB Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.51% | - | - | "Sixty-Plus" Free Checking |
Locations
| Tarboro Savings Bank, SSB Locations | ||
|---|---|---|
| Tarboro Savings Bank, SSB | 501 Main Street | Tarboro, NC 27886 |