Overview / Commentary
Tarboro Savings Bank, SSB is headquartered in Tarboro and is the 55th largest bank in the state of North Carolina. It is also the 5,409th largest bank in the nation. It was established in 1906 and as of March of 2017, it had grown to 7 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 Q1 2017
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 | 7 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.58% |
| Return on Equity - YTD | 3.97% |
| Annual Interest Income | $440.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $44.6MM$43.4MM |
| Loans | Q1 2017vs Q1 2016 | $32.8MM$34.8MM |
| Deposits | Q1 2017vs Q1 2016 | $38.0MM$36.9MM |
| Equity Capital | Q1 2017vs Q1 2016 | $6.6MM$6.3MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $103.00K$106.00K |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $0$84.00K |
| Real Estate Owned | Q1 2017vs Q1 2016 | $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 |