1st Bank Yuma

Headquarters

2799 South 4th Avenue
Yuma, AZ 85364
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.40% →
1-Year CD 0.22% 1.15% →
2-Year CD 0.30% 1.26% →
5-Year CD 0.50% 1.60% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

1st Bank Yuma is an FDIC insured institution located in Yuma, AZ. It was founded in 2001 and has approximately $0.37 billion in assets. Customers can open an account at one of its 6 branches.

FDIC Insured Yes
FDIC Certificate # 57298
Date Established 2001
Assets $ 368.40 million
Loans $ 263.38 million
Deposits $ 326.68 million
Capital $ 38.67 million
 

For a more detailed analysis of 1st Bank Yuma's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - July 4, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $1 - Learn More
Money Market
0.01% $1,500 $9,999 Learn More
Money Market
0.04% $10,000 $24,999 Learn More
Money Market
0.05% $25,000 $49,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.05% $1,000 $99,999 Learn More
3 Mo CD
0.10% $100,000 - Learn More
6 Mo CD
0.15% $1,000 $99,999 Learn More
6 Mo CD
0.20% $100,000 - Learn More
12 Mo CD
0.18% $1,000 $99,999 Learn More
12 Mo CD
0.22% $100,000 - Learn More
18 Mo CD
0.20% $1,000 $99,999 Learn More
18 Mo CD
0.25% $100,000 - Learn More
24 Mo CD
0.25% $1,000 $99,999 Learn More
24 Mo CD
0.30% $100,000 - Learn More
36 Mo CD
0.35% $1,000 $99,999 Learn More
36 Mo CD
0.40% $100,000 - Learn More
48 Mo CD
0.40% $1,000 $99,999 Learn More
48 Mo CD
0.45% $100,000 - Learn More
60 Mo CD
0.45% $1,000 $99,999 Learn More
60 Mo CD
0.50% $100,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.18% $1,000 $99,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $5,000 - Learn MoreShow Less
Checking Rates APY MIN FEE
1st Rate Rewards Checking 1.50% $0 $0.00 Learn MoreShow Less

Loan Rates - July 4, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for 1st Bank Yuma

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.039% 3.000% 0.50 $1,250 $1,055 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to 1st Bank Yuma
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

1st Bank Yuma branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


1st Bank Yuma Locations


Financial Details

1st Bank Yuma Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of 1st Bank Yuma. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
1st Bank Yuma U.S. Bank Average
0.88% 6.51%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2019, 1st Bank Yuma had $366,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $38,667,000 in equity and $2,981,000 in loans loss reserves. That gives it a Texas Ratio of 0.88%.

Return on Equity
1st Bank Yuma U.S. Bank Average
14.07% 9.41%

1st Bank Yuma has a Return on Equity of 14.07% versus the BestCashCow average of 9.41%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
1st Bank Yuma U.S. Bank Average
10.5% 12.82%

1st Bank Yuma has a Capitalization of 10.5% versus the BestCashCow average of 12.82. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

1st Bank Yuma Balance Sheet Analysis

As of December 31, 2019, 1st Bank Yuma had assets of $368,404,000, loans of $263,382,000, and deposits of $326,682,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 59.00 million
Interest-bearing balances $ 42.90 million
Total securities $ 17.88 million
Federal funds sold and reverse repurchase $ 6.80 million
Net loans and leases $ 263.38 million
Loan loss allowance $ 2.98 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 2.90 million
All other assets $ 11.20 million
     Total Assets $ 329.74 million
LIABILITIES
Total deposits $ 326.68 million
      Interest-bearing deposits $ 179.24 million
      Deposits held in domestic offices $ 326.68 million
      % insured (estimated) 69.29%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 3.06 million
      Total Liabilities $ 329.74 million
      Shareholders’ Equity $ 38.67 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 16.65 million
Total Interest Expense $ 0.56 million
Net interest income $ 16.09 million
Provision for loan and lease losses $ 0.76 million
Total non interest income $ 2.98 million
Total non interest expense $ 11.92 million
Pre-tax Net Operating Income $ 6.40 million

Bank Loan Profile?

The top three loan types in 1st Bank Yuma’s loan portfolio are Commercial Real Estate, Small Business Loans, and Commercial and Industrial Loans.

Compared to other banks, 1st Bank Yuma’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 5.48
Multifamily
Mortgages
2.49
Credit Card Loans 0.00
Consumer Auto Loans 0.04
Small Business Loans 23.51
Construction and Development Loans 6.60
Commercial Real Estate 60.07
Commercial and Industrial Loans 19.02
Farm Loans 0.85

Frequently Asked Questions About 1st Bank Yuma

Branches and Savings

Is 1st Bank Yuma FDIC insured?

Yes. It is covered under FDIC Certificate #57298.

Why does 1st Bank Yuma pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are 1st Bank Yuma CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is 1st Bank Yuma a commercial bank?

Yes

Where are 1st Bank Yuma locations?

See branch locations nearby.

Is 1st Bank Yuma open on Saturdays?

Is 1st Bank Yuma open on Sundays?

What time does 1st Bank Yuma open?

What time does 1st Bank Yuma close?

Are 1st Bank Yuma ATMs Open 24/7?

Do 1st Bank Yuma ATMs accept cash deposits?

Can 1st Bank Yuma customers use other ATMs?

Do 1st Bank Yuma branches have notaries?

Will 1st Bank Yuma notarize my document?

What address for 1st Bank Yuma should I put for incoming ACH transfers?

Will the 1st Bank Yuma branch print checks?

Do 1st Bank Yuma checks expire?

Does 1st Bank Yuma require US citizenship to open account?

Can 1st Bank Yuma close my account?

Does 1st Bank Yuma Report to credit bureaus?

Does 1st Bank Yuma Use Equifax?

What is 1st Bank Yuma's ACH Routing Number?

What is 1st Bank Yuma's SWIFT code?

Products

Does 1st Bank Yuma offer mortgages?

Compare mortgage rates here.

Does 1st Bank Yuma offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does 1st Bank Yuma offer personal loans?

Compare personal loan rates here.

Does 1st Bank Yuma offer student loans?

Will 1st Bank Yuma cash a check?

Will 1st Bank Yuma redeem a savings bond?

Does 1st Bank Yuma cash savings bonds?

Will 1st Bank Yuma cash money orders?

Can 1st Bank Yuma issue a money order?

Does 1st Bank Yuma do currency exchange?

Background on The Bank

Who owns 1st Bank Yuma?

How long has 1st Bank Yuma been around?

Can 1st Bank Yuma transfer to other banks?

Does 1st Bank Yuma have quick pay?

Does 1st Bank Yuma accept rolled coins?

Will 1st Bank Yuma accept loose change?

Where is 1st Bank Yuma headquarters?

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