Miners Exchange Bank is an FDIC insured institution headquartered at
483 Front St W, Coeburn, VA 24230.
It was founded in
1982 and has approximately $0 billion in
assets. Customers can open an account at one of its 7 branches.
Third Federal rate are typically 20% lower than other leaders
Guaranteed Lowest Rate
No closing costs, prepayment penalties, or minimum draw requirements
10 year draw period
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2023
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 23989
Date Established
1982
Assets
$ 94.55 million
Loans
$ 49.58 million
Deposits
$ 85.31 million
Capital
$ 8.91 million
Summary Balance Sheet
ASSETS
Cash & Balances due from depository institutions
$ 8.58 million
Interest-bearing balances
$ 2.27 million
Total securities
$ 21.89 million
Federal funds sold and reverse repurchase
$ 9.93 million
Net loans and leases
$ 49.58 million
Loan loss allowance
$ 0.55 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
$ 0.63 million
Goodwill and other intangibles
N.A.
All other assets
$ 2.96 million
Total Assets
$ 86.90 million
LIABILITIES
Total deposits
$ 85.31 million
Interest-bearing deposits
$ 38.74 million
Deposits held in domestic offices
$ 85.31 million
% insured (estimated)
88.65%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
N.A.
Subordinated debt
N.A.
All other liabilities
$ 1.61 millionn
Total Liabilities
$ 86.90 million
Shareholders’ Equity
$ 7.65 million
Summary Income Statement
INCOME AND EXPENSES
Total Interest Income
$ 2.95 million
Total Interest Expense
$ 0.13 million
Net interest income
$ 2.82 million
Provision for loan and lease losses
$ 0.03 million
Total non interest income
$ 0.51 million
Total non interest expense
$ 3.32 million
Pre-tax Net Operating Income
$ 0.14 million
Customer Reviews for Miners Exchange Bank
There are currently no comments for Miners Exchange Bank. Be the first to share your experience. Please provide comments that will help others.
This analysis is for demonstrative purposes only. Savings rates may go up or down,
and CD rates may not be renewable for the length of the term of the analysis.
PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES
Tax Rate: 30%
All calculations are for demonstration purposes only.
There are currently no comments for Miners Exchange Bank. Be the first to share your experience. Please provide comments that will help others.