Vitals
  • Total Assets
    194.7M 3.8 %
  • Total Deposits
    157.9M 2.7 %
  • Total Net Loans
    172.4M 16.9 %
  • Net Income
    658000.0000 45.3 %
  • Book Value
    21.8M 10.0 %
  • Book Value x2
    43.6M 10.0 %
  • Book Value x3
    65.3M 10.0 %
ROAA

1.351

ROAE

12.53

Efficiency Ratio

74.696

Net Interest Margin

3.461

Balance Sheet Highlights
Financial Highlights Benefit Bank All Insured Commercial Banks in Arkansas
Balance Sheet $(000)
Total Assets 194,680 285,110
Total Net Loans 172,445 183,084
Total Deposits 157,912 236,004
Total Equity 21,780 33,704
Profitability
Net Income 658 748
Return on Average Assets 1.351 .977
Return on Average Equity 12.53 8.357
Net Interest Margin 3.461 3.888
Efficiency Ratio 74.696 68.646
Noninterest Income/Revenue 23.005 20.406
Balance Sheet Ratios
Loan-to-Deposit 109.203 70.653
Securities/Assets .037 .203
Total Equity/Total Assets .112 .118
Tangible Equity/Tangible Assets .112 .111
Capital Adequacy
Tier 1 Common Capital 21,722 31,078
Tier 1 Capital 21,722 31,096
Tier 2 Capital 1,829 2,332
Total Capital 23,551 33,420
Total Risk Weighted Assets 144,778 197,038
Leverage Ratio 11.15 11.283
Common Equity Tier 1 Capital Ratio 15 17.755
Tier 1 Capital Ratio 15 17.778
Total Capital Ratio 16.27 18.951

Timeline for Benefit Bank

Armstrong Bank

Benefit Bank was acquired by Armstrong Bank 9 years

View Profile May 23 2015

Ironhorse Financial Group, Inc.

Ironhorse Financial Group, Inc. became a new parent organization for Benefit Bank.

View Profile Apr 24 2015

Benefit Bank

Benefit Bank was established 24 years ago and is currently headquartered in Fort Smith, AR.

Nov 30 1999

Benefit Financial Group, Inc

Benefit Financial Group, Inc became a new parent organization for Benefit Bank.

View Profile Nov 30 1999
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Armstrong Bank Buyer 887,371 Pooling of Interests Discontinued 5/23/2015
Relationships Role Relationship Start Relationship End
Ironhorse Financial Group, Inc. Parent 4/24/2015 5/22/2015
Benefit Financial Group, Inc Parent 7/21/2011 4/23/2015
Benefit Financial Group, Inc Parent 6/30/2007 7/20/2011
Benefit Financial Group, Inc Parent 11/30/1999 6/29/2007
Similar Organizations
Organization City State Total Assets
The Farmers State Bank And Trust Company
 		Jacksonville IL 194.6M
First Bank Of Charleston, Inc.
 		Charleston WV 195.7M
Wells Bank
 		Platte City MO 196.0M
The Kearny County Bank
 		Lakin KS 196.4M
Foresight Bank
 		Plainview MN 192.0M
Community State Bank
 		Galva IL 198.4M
First United Bank
 		Park River ND 199.3M
Branson Bank
 		Branson MO 189.8M
The Osgood State Bank
 		Osgood OH 189.8M
Spring Hill State Bank
 		Longview TX 189.3M