Traditions Bank

Established in 2003

About Traditions Bank

Traditions Bank was established on 2003. The bank's headquarters are located at 109 2nd Avenue N.W. in Cullman, Alabama.

Traditions Bank is an FDIC insured bank with FDIC number 57554 managing assets to the value of $465,519 as of 12/31/2020.

Traditions Bank has a Texas ratio of 7.59%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

7.59%
Texas Ratio
FDIC Certificate #

57554

Active Insured Since #

4/8/2003

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $465,519
Equity Capital $43,041
Total Deposits $418,846
Total Liabilities $422,478
Total Securities $22,297
Net Loans And Leases $354,333
Loan Loss Allowance $4,863
Total Loans And Leases $359,196
YTD (as of 12/31/2020)
Return On Assets 1.27%
Return On Equity 13.11%
Total Interest Income $24,230
Total Interest Expense $3,019
Total Non Interest Income $4,110
Total Non Interest Expense $15,539

Headquarters

109 2nd Avenue N.W. 35055, Cullman

Traditions Bank branches near me

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Total Loans and Leases Statistics

Total Loans and Leases $359,196 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

Traditions Bank Mortgage Loans Profile

Classic Bank

90.15%

Application Approval Rate

Classic Bank

$110,738

Average Mortgage Loan Amount

Classic Bank

203

Number of Loan Applications

Classic Bank

$93,013

Average Income of Applicants with Approved Loans

Classic Bank

0.00%

Average Cost of Loans

Classic Bank

0.00%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Cullman

Number of Loan Applications
120
Average Loan Amount
$107,909
Approval Rate
91.67%
Average Income of Approved Loans’ Applicants
$94,372

2 Morgan

Number of Loan Applications
27
Average Loan Amount
$99,615
Approval Rate
96.30%
Average Income of Approved Loans’ Applicants
$89,579

3 Blount

Number of Loan Applications
19
Average Loan Amount
$103,333
Approval Rate
94.74%
Average Income of Approved Loans’ Applicants
$72,077

4 Jefferson

Number of Loan Applications
7
Average Loan Amount
$195,000
Approval Rate
57.14%
Average Income of Approved Loans’ Applicants
$106,250

5 Marshall

Number of Loan Applications
5
Average Loan Amount
$130,000
Approval Rate
80.00%
Average Income of Approved Loans’ Applicants
$60,250

6 Winston

Number of Loan Applications
5
Average Loan Amount
$81,667
Approval Rate
60.00%
Average Income of Approved Loans’ Applicants
$63,667

Top States by Number of Mortgage Loan Applications

1 Alabama

Number of Loan Applications
200
Average Loan Amount
$109,309
Approval Rate
90.50%
Average Income of Approved Loans’ Applicants
$93,074

2 Tennessee

Number of Loan Applications
3
Average Loan Amount
$240,000
Approval Rate
66.67%
Average Income of Approved Loans’ Applicants
$88,500