The Bank of Advance, Financial Information

AboutThe Bank of Advance

 Address:
105 East Gabriel Street
Advance,MO
Stoddard County,Missouri
 Established:
Jan 1902
 Number of domestic offices:
6
Agriculture bank
Total assets$382M
Net income$8M
Net income,quarterly$2M
Total deposits$334M
Domestic deposits$334M
Equity capital$45M
ROA2.22%
ROAQ,quarterly2.26%
ROA,pretax2.26%
ROAQ,quarterly,pretax2.26%
ROE17.46%
ROEQ,quarterly17.98%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The Bank of Advance is recognized as the oldest bank in Stoddard County and is the only existing banking institution in the county to have survived the Great Depression. The bank was chartered on January 30, 1902 and has been investing in local area communities for over 110 years.

It is the only existing banking institution chartered in the county to have survived the Great Depression period, when numerous banks across the nation failed. The locally owned and operated bank offers a wide array of financial services. It serves individuals, businesses, farmers, municipalities, school districts, churches and other not-for-profit organizations.

Bank of Advance offers products and services such as checking, deposit accounts, certificates of deposit, wire transfers, online banking and telephone banking. Its lending options include consumer, commercial and agriculture loans. Bank of Advance is a member of the Federal Deposit Insurance Corporation and is an Equal Housing Lender.

Advance Main Bank
PO Box 400
105 E Gabriel
Advance, MO 63730
Phone (573) 722-3517
Fax (573) 722-3527

Lobby Hours
Monday - Friday 9:00 am – 3:00 pm
Saturday 9:00 am – 12:00 pm

Drive-Thru Hours
Monday – Thursday 8:15 am – 3:00 pm
Friday 8:15 am – 6:00 pm
Saturday 8:15 am – 12:00 pm