Banks | Traditional Bank, Inc.

Traditional Bank, Inc.


Traditional Bank, Inc. is an FDIC insured institution headquartered at 49 W Main St, Mount Sterling, KY 40353.
It was founded in 1902 and has approximately $2 billion in assets. Customers can open an account at one of its 13 branches.

Deposit Rates - November 30, 2023

SAVINGS RATES APY MIN
Savings
0.10% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.15% $10,000 Compare
6 Mo CD
0.15% $100,000 Compare
12 Mo CD
0.25% $10,000 Compare
12 Mo CD
0.25% $100,000 Compare
18 Mo CD
0.20% $10,000 Compare
18 Mo CD
0.20% $100,000 Compare
24 Mo CD
0.25% $10,000 Compare
24 Mo CD
0.25% $100,000 Compare
30 Mo CD
0.30% $10,000 Compare
30 Mo CD
0.30% $100,000 Compare
36 Mo CD
0.30% $10,000 Compare
36 Mo CD
0.30% $100,000 Compare
48 Mo CD
0.35% $10,000 Compare
48 Mo CD
0.35% $100,000 Compare
60 Mo CD
0.50% $10,000 Compare
60 Mo CD
0.50% $100,000 Compare
MM RATES APY MIN
Money Market
0.05% $2,500 Compare
Money Market
0.05% $10,000 Compare
Money Market
0.05% $25,000 Compare
FIXED IRA RATES APY MIN
Fixed IRA
0.25% $1

Overview 2023

General Bank Information

FDIC Insured Yes
FDIC Certificate # 2711
Date Established 1902
Assets $ 2.24 billion
Loans $ 1,302.72 million
Deposits $ 1,928.81 million
Capital $ 159.72 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 95.06 million
Interest-bearing balances $ 29.34 million
Total securities $ 733.68 million
Federal funds sold and reverse repurchase $ 5.85 million
Net loans and leases $ 1,302.72 million
Loan loss allowance $ 14.87 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 5.36 million
Goodwill and other intangibles N.A.
All other assets $ 41.91 million
     Total Assets $ 2.08 billion

LIABILITIES
Total deposits $ 1,928.81 million
      Interest-bearing deposits $ 1,486.83 million
      Deposits held in domestic offices $ 1,928.81 million
      % insured (estimated) 72.63%
Federal funds purchased and repurchase agreements $ 57.04 million
Trading liabilities N.A.
Other borrowed funds $ 24.26 million
Subordinated debt N.A.
All other liabilities $ 9.00 millionn
      Total Liabilities $ 2.08 billion
      Shareholders’ Equity $ 159.72 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 43.85 million
Total Interest Expense $ 16.86 million
Net interest income $ 26.99 million
Provision for loan and lease losses $ 0.86 million
Total non interest income $ 5.04 million
Total non interest expense $ 19.34 million
Pre-tax Net Operating Income $ 17.78 million

Customer Reviews for Traditional Bank, Inc.

There are currently no comments for Traditional Bank, Inc.. Be the first to share your experience. Please provide comments that will help others.

Add Your Review


Rate it here →


Branches

Click on location and enter new zip number to change.
Your current location is: Ashburn, VA
View Branches Statewide →
View Branches Nationwide →

Traditional Bank, Inc. Locations

Savings Comparison

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.

  • 1
    LOCAL CD
    Traditional Bank, Inc.
    Bank
    KENTUCKY
    $50,000
    6 Month
    0.15%
    0.46x (National Avg. - 0.33%)
    $10,000
    -
    SCENARIO
    Year Rate
    0.15%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 75 53
    2 50,075 75 53
    3 50,150 75 53
    4 50,225 75 53
    5 50,301 75 53
    6 50,376 76 53
    7 50,452 76 53
    8 50,527 76 53
    9 50,603 76 53
    10 50,679 76 53
    11 50,755 76 53
    12 50,831 76 53
    13 50,907 76 53
    14 50,984 76 54
    15 51,060 77 54
    16 51,137 77 54
    17 51,214 77 54
    18 51,290 77 54
    19 51,367 77 54
    20 51,444 77 54
    TOTAL $1,522 $1,065
  • 2
    ONLINE CD
    Discover Bank , ★ TOP PICK ★
    Online Bank
    -
    $50,000
    60 Month
    4.00%
    4.58x (National Avg. - 0.87%)
    $2,500
    -
    SCENARIO
    Year Rate
    4.00%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,000 1,400
    2 52,000 2,080 1,456
    3 54,080 2,163 1,514
    4 56,243 2,250 1,575
    5 58,493 2,340 1,638
    6 60,833 2,433 1,703
    7 63,266 2,531 1,771
    8 65,797 2,632 1,842
    9 68,428 2,737 1,916
    10 71,166 2,847 1,993
    11 74,012 2,960 2,072
    12 76,973 3,079 2,155
    13 80,052 3,202 2,241
    14 83,254 3,330 2,331
    15 86,584 3,463 2,424
    16 90,047 3,602 2,521
    17 93,649 3,746 2,622
    18 97,395 3,896 2,727
    19 101,291 4,052 2,836
    20 105,342 4,214 2,950
    TOTAL $59,556 $41,689
  • 3
    ONLINE CD
    Discover Bank , ★ TOP PICK ★
    Online Bank
    -
    $50,000
    24 Month
    4.40%
    7.21x (National Avg. - 0.61%)
    $2,500
    -
    SCENARIO
    Year Rate
    4.40%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,200 1,540
    2 52,200 2,297 1,608
    3 54,497 2,398 1,679
    4 56,895 2,503 1,752
    5 59,398 2,614 1,829
    6 62,012 2,729 1,910
    7 64,740 2,849 1,994
    8 67,589 2,974 2,082
    9 70,563 3,105 2,173
    10 73,667 3,241 2,269
    11 76,909 3,384 2,369
    12 80,293 3,533 2,473
    13 83,825 3,688 2,582
    14 87,514 3,851 2,695
    15 91,364 4,020 2,814
    16 95,384 4,197 2,938
    17 99,581 4,382 3,067
    18 103,963 4,574 3,202
    19 108,537 4,776 3,343
    20 113,313 4,986 3,490
    TOTAL $68,299 $47,809
  • 4
    ONLINE CD
    Discover Bank , ★ TOP PICK ★
    Online Bank
    -
    $50,000
    12 Month
    5.20%
    10.44x (National Avg. - 0.50%)
    $2,500
    -
    SCENARIO
    Year Rate
    5.20%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,600 1,820
    2 52,600 2,735 1,915
    3 55,335 2,877 2,014
    4 58,213 3,027 2,119
    5 61,240 3,184 2,229
    6 64,424 3,350 2,345
    7 67,774 3,524 2,467
    8 71,298 3,708 2,595
    9 75,006 3,900 2,730
    10 78,906 4,103 2,872
    11 83,009 4,316 3,022
    12 87,326 4,541 3,179
    13 91,867 4,777 3,344
    14 96,644 5,025 3,518
    15 101,669 5,287 3,701
    16 106,956 5,562 3,893
    17 112,518 5,851 4,096
    18 118,369 6,155 4,309
    19 124,524 6,475 4,533
    20 130,999 6,812 4,768
    TOTAL $87,811 $61,468
  • 5
    ONLINE CD
    Discover Bank , ★ TOP PICK ★
    Online Bank
    -
    $50,000
    9 Month
    5.30%
    N.A.
    $2,500
    -
    SCENARIO
    Year Rate
    5.30%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,650 1,855
    2 52,650 2,790 1,953
    3 55,440 2,938 2,057
    4 58,379 3,094 2,166
    5 61,473 3,258 2,281
    6 64,731 3,431 2,402
    7 68,162 3,613 2,529
    8 71,774 3,804 2,663
    9 75,578 4,006 2,804
    10 79,584 4,218 2,953
    11 83,802 4,441 3,109
    12 88,243 4,677 3,274
    13 92,920 4,925 3,447
    14 97,845 5,186 3,630
    15 103,031 5,461 3,822
    16 108,491 5,750 4,025
    17 114,242 6,055 4,238
    18 120,296 6,376 4,463
    19 126,672 6,714 4,700
    20 133,386 7,069 4,949
    TOTAL $90,455 $63,319
  • 6
    LOCAL CD
    North American Savings Bank, F.S.B. , ★ TOP PICK ★
    Bank
    -
    $50,000
    7 Month
    5.40%
    N.A.
    $5,000
    -
    SCENARIO
    Year Rate
    5.40%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,700 1,890
    2 52,700 2,846 1,992
    3 55,546 2,999 2,100
    4 58,545 3,161 2,213
    5 61,707 3,332 2,333
    6 65,039 3,512 2,458
    7 68,551 3,702 2,591
    8 72,253 3,902 2,731
    9 76,154 4,112 2,879
    10 80,267 4,334 3,034
    11 84,601 4,568 3,198
    12 89,170 4,815 3,371
    13 93,985 5,075 3,553
    14 99,060 5,349 3,744
    15 104,409 5,638 3,947
    16 110,047 5,943 4,160
    17 115,990 6,263 4,384
    18 122,253 6,602 4,621
    19 128,855 6,958 4,871
    20 135,813 7,334 5,134
    TOTAL $93,147 $65,203
  • 7
    LOCAL CD
    North American Savings Bank, F.S.B. , ★ TOP PICK ★
    Bank
    -
    $50,000
    12 Month
    5.50%
    11.04x (National Avg. - 0.50%)
    $5,000
    -
    SCENARIO
    Year Rate
    5.50%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,750 1,925
    2 52,750 2,901 2,031
    3 55,651 3,061 2,143
    4 58,712 3,229 2,260
    5 61,941 3,407 2,385
    6 65,348 3,594 2,516
    7 68,942 3,792 2,654
    8 72,734 4,000 2,800
    9 76,734 4,220 2,954
    10 80,955 4,453 3,117
    11 85,407 4,697 3,288
    12 90,105 4,956 3,469
    13 95,060 5,228 3,660
    14 100,289 5,516 3,861
    15 105,805 5,819 4,073
    16 111,624 6,139 4,298
    17 117,763 6,477 4,534
    18 124,240 6,833 4,783
    19 131,073 7,209 5,046
    20 138,282 7,606 5,324
    TOTAL $95,888 $67,122
  • 8
    LOCAL CD
    Forbright Bank , ★ TOP PICK ★
    Bank
    -
    $50,000
    12 Month
    5.75%
    11.55x (National Avg. - 0.50%)
    $1,000
    -
    SCENARIO
    Year Rate
    5.75%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,875 2,013
    2 52,875 3,040 2,128
    3 55,915 3,215 2,251
    4 59,130 3,400 2,380
    5 62,530 3,596 2,517
    6 66,126 3,802 2,662
    7 69,928 4,021 2,815
    8 73,949 4,252 2,976
    9 78,201 4,497 3,148
    10 82,698 4,755 3,329
    11 87,453 5,029 3,520
    12 92,481 5,318 3,722
    13 97,799 5,623 3,936
    14 103,422 5,947 4,163
    15 109,369 6,289 4,402
    16 115,658 6,650 4,655
    17 122,308 7,033 4,923
    18 129,341 7,437 5,206
    19 136,778 7,865 5,505
    20 144,643 8,317 5,822
    TOTAL $102,960 $72,072


    Other Banks to Consider