The Bank of Advance
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Data as of · sourced from FFIEC call reports. How we update
The Bank of Advance is an FDIC-insured commercial bank headquartered in Advance, MO, established in 1902 (FDIC certificate 9369), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $509.9M, up 2.5% from Q2 2025, the 70th largest of 191 banks headquartered in Missouri. It reports no CET1 ratio; its Tier 1 leverage ratio was 13.01% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 9369
- Headquarters
- Advance, MO
- Established
- 1902
- Total assets, Q2 2026
- $509.9M
- Assets vs Q2 2025
- +2.5%
- Tier 1 leverage ratio, Q2 2026
- 13.01%
- Domestic offices
- 7 FDIC institution directory, current count
- Routing number
- 081506523
- Latest call report
- Q2 2026, FFIEC 051 · The Bank of Advance call report
- Holding company
- MILES BANCSHARES, INC.
- Asset rank in state
- 70th of 191 in Missouri
The Bank of Advance is one of the more profitable banks of its size. The Advance, Missouri bank had $510 million in assets at June 30, 2026, up 2.5% from a year earlier. It earns about $2.42 a year on every $100 of assets, about double the median of $1.28 for the 2,660 banks with $100 million to $1 billion in assets. It also keeps 4.92 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 banks its size (median 3.95 cents). Much of that comes from cost control: it spends about 47 cents to bring in each dollar of revenue.
Net income for the quarter rose 12% from a year earlier, to $3.1 million.
As of June 30, 2026, The Bank of Advance reported a return on assets of 2.42%, a nonperforming-loan ratio of 0.75% and a Texas ratio of 4.24%. The figures come from its call report filed with the FFIEC.
The Bank of Advance ranks as the 70th largest of the 191 banks based in Missouri, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets fell 0.1% to $509.9M, loans rose 1.5% and deposits fell 0.3%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 37.0% of total loans, ahead of farmland and other real estate loans at 17.0%. Its 7 offices in the FDIC Summary of Deposits are in 6 cities across 2 states; its Advance 2 offices book 50% of its branch deposits. By the capital ratios in its Q2 2026 call report, The Bank of Advance meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 105 E Gabriel St, Advance, MO 63730
- County
- Stoddard
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Kansas City (Region 11)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 8, St. Louis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 30, 1902
- Domestic offices
- 7 FDIC institution directory, current count
- Employees (FTE)
- 85
- Domestic deposits
- $438.7M
- Allowance for credit losses
- $6.2M
- Net charge-offs (YTD)
- $261K
- Average total assets
- $519.8M
- Average total loans
- $403.2M
- Average interest-bearing deposits
- $373.9M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 9369
- Fed RSSD
- 879644
- Website
- www.bankofadvance.com →
- Parent Holding Company
- MILES BANCSHARES, INC. (RSSD 2848073)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, The Bank of Advance reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, The Bank of Advance's total assets ranged from $475.0M (Q3 2023) to $526.4M (Q4 2025), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$509.9M total assets against $497.7M; $443.1M total liabilities against $436.3M.
$401.8M net loans and leases against $389.1M; $438.7M total deposits against $429.5M.
$75.6M securities against $68.0M; $9.2M cash and balances due against $19.9M.
$8.3M total interest income against $7.9M; $2.3M total interest expense against $2.5M.
$6.0M net interest income against $5.4M.
$860K total noninterest income against $757K; $3.3M total noninterest expense against $3.2M.
$435K provision for credit losses against $185K.
$3.1M net income against $2.8M.
2.42% return on assets against 2.28%; 4.92% net interest margin against 4.61%.
13.01% tier 1 leverage ratio against 12.84%.
Inside the full The Bank of Advance terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeThe Bank of Advance rankings
Its closest position to the top of a national ranking is 192 of 3,611, for ROA; its furthest is 1,754 of 4,196, for total assets.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 2.03% (Q4 2025) to 2.45% (Q3 2025) and its net interest margin ran from 4.38% (Q3 2024) to 4.92% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.01% | 2.42% | 0.75% | 4.24% | 4.92% |
| Q1 2026 | 12.52% | 2.41% | 0.70% | 5.17% | 4.76% |
| Q4 2025 | 12.14% | 2.03% | 1.61% | 10.68% | 4.78% |
| Q3 2025 | 13.40% | 2.45% | 0.72% | 4.37% | 4.78% |
| Q2 2025 | 12.84% | 2.28% | 0.66% | 4.36% | 4.61% |
| Q1 2025 | 12.43% | 2.23% | 0.56% | 4.09% | 4.42% |
| Q4 2024 | 12.00% | 2.09% | 0.81% | 5.33% | 4.48% |
| Q3 2024 | 12.99% | 2.36% | 0.63% | 3.79% | 4.38% |
Swipe the table sideways to see every column.
Branch Network
View all 7 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| The Bank of Advance | Advance , MO | 63730 | $219.8M |
| Dexter Branch | Dexter , MO | 63841 | $100.9M |
| Bowen Banking Center | Bowen , IL | 62316 | $61.4M |
| Chaffee Branch | Chaffee , MO | 63740 | $37.7M |
| Bell City Branch (Drive-In) | Bell City , MO | 63735 | $11.4M |
| Bloomfield Banking Center Branch | Bloomfield , MO | 63825 | $7.5M |
| Advance Branch | Advance , MO | 63730 | $0 |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| January 1, 2005 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 1, 2005 | Structure Change | Acquired Bowen State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.1% of deposits in MO, rank 97 of 249 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 3 loans, $348K approved, $116K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2017 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about The Bank of Advance
What are The Bank of Advance's total assets?
As of the Q2 2026 filing, The Bank of Advance reported total assets of $509.9 million in its FFIEC call report.
Where is The Bank of Advance headquartered?
It is headquartered in Advance, MO, United States.
When was The Bank of Advance founded?
It was established in 1902, per the FDIC institution directory.
Is The Bank of Advance FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #9369). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates The Bank of Advance?
The Bank of Advance's primary federal regulator is the Federal Reserve.
How many branches does The Bank of Advance operate?
It operates 7 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is The Bank of Advance's Texas Ratio?
Its Texas Ratio is 4.24% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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