1st Colonial Community Bank

Headquarters

1040 Haddon Avenue
Collingswood, NJ 08108
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 1.40% →
1-Year CD 0.85% 1.15% →
2-Year CD 1.15% 1.26% →
5-Year CD 1.50% 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 Colonial Community Bank is an FDIC insured institution located in Collingswood, NJ. It was founded in 2000 and has approximately $0.57 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 35456
Date Established 2000
Assets $ 574.94 million
Loans $ 417.58 million
Deposits $ 522.39 million
Capital $ 47.51 million
 

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

Deposit Rates - July 3, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $100 $49,999 Learn More
Money Market
0.25% $1,500 $49,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.50% $500 - Learn More
6 Mo CD
0.65% $500 - Learn More
12 Mo CD
0.85% $500 - Learn More
18 Mo CD
1.00% $500 - Learn More
24 Mo CD
1.15% $500 - Learn More
36 Mo CD
1.25% $500 - Learn More
48 Mo CD
1.50% $500 - Learn More
60 Mo CD
1.50% $500 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.85% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.25% $1,000 - Learn MoreShow Less

Loan Rates - July 3, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for 1st Colonial Community Bank

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
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info

Note to 1st Colonial Community Bank
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Branches

1st Colonial Community Bank 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 Colonial Community Bank Locations


Financial Details

1st Colonial Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of 1st Colonial Community Bank. 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 Colonial Community Bank U.S. Bank Average
10.87% 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 Colonial Community Bank had $5,892,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $47,510,000 in equity and $6,671,000 in loans loss reserves. That gives it a Texas Ratio of 10.87%.

Return on Equity
1st Colonial Community Bank U.S. Bank Average
7.36% 9.41%

1st Colonial Community Bank has a Return on Equity of 7.36% 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 Colonial Community Bank U.S. Bank Average
8.26% 12.82%

1st Colonial Community Bank has a Capitalization of 8.26% 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 Colonial Community Bank Balance Sheet Analysis

As of December 31, 2019, 1st Colonial Community Bank had assets of $574,936,000, loans of $417,576,000, and deposits of $522,385,000. 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 $ 46.35 million
Interest-bearing balances $ 45.50 million
Total securities $ 93.99 million
Federal funds sold and reverse repurchase $ 0.01 million
Net loans and leases $ 417.58 million
Loan loss allowance $ 6.67 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 16.32 million
     Total Assets $ 527.43 million
LIABILITIES
Total deposits $ 522.39 million
      Interest-bearing deposits $ 460.77 million
      Deposits held in domestic offices $ 522.39 million
      % insured (estimated) 47.88%
Federal funds purchased and repurchase agreements $ 2.29 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 2.75 million
      Total Liabilities $ 527.43 million
      Shareholders’ Equity $ 47.51 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 24.20 million
Total Interest Expense $ 5.44 million
Net interest income $ 18.77 million
Provision for loan and lease losses $ 3.18 million
Total non interest income $ 2.77 million
Total non interest expense $ 14.12 million
Pre-tax Net Operating Income $ 4.24 million

Bank Loan Profile?

The top three loan types in 1st Colonial Community Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks, 1st Colonial Community Bank’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 60.27
Multifamily
Mortgages
3.02
Credit Card Loans 0.00
Consumer Auto Loans 0.57
Small Business Loans 15.42
Construction and Development Loans 7.60
Commercial Real Estate 22.88
Commercial and Industrial Loans 6.15
Farm Loans 0.00

Frequently Asked Questions About 1st Colonial Community Bank

Branches and Savings

Is 1st Colonial Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #35456.

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

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

Why are 1st Colonial Community Bank CD rates not competitive?

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

Is 1st Colonial Community Bank a commercial bank?

Yes

Where are 1st Colonial Community Bank locations?

See branch locations nearby.

Is 1st Colonial Community Bank open on Saturdays?

Is 1st Colonial Community Bank open on Sundays?

What time does 1st Colonial Community Bank open?

What time does 1st Colonial Community Bank close?

Are 1st Colonial Community Bank ATMs Open 24/7?

Do 1st Colonial Community Bank ATMs accept cash deposits?

Can 1st Colonial Community Bank customers use other ATMs?

Do 1st Colonial Community Bank branches have notaries?

Will 1st Colonial Community Bank notarize my document?

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

Will the 1st Colonial Community Bank branch print checks?

Do 1st Colonial Community Bank checks expire?

Does 1st Colonial Community Bank require US citizenship to open account?

Can 1st Colonial Community Bank close my account?

Does 1st Colonial Community Bank Report to credit bureaus?

Does 1st Colonial Community Bank Use Equifax?

What is 1st Colonial Community Bank's ACH Routing Number?

What is 1st Colonial Community Bank's SWIFT code?

Products

Does 1st Colonial Community Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does 1st Colonial Community Bank offer personal loans?

Compare personal loan rates here.

Does 1st Colonial Community Bank offer student loans?

Will 1st Colonial Community Bank cash a check?

Will 1st Colonial Community Bank redeem a savings bond?

Does 1st Colonial Community Bank cash savings bonds?

Will 1st Colonial Community Bank cash money orders?

Can 1st Colonial Community Bank issue a money order?

Does 1st Colonial Community Bank do currency exchange?

Background on The Bank

Who owns 1st Colonial Community Bank?

How long has 1st Colonial Community Bank been around?

Can 1st Colonial Community Bank transfer to other banks?

Does 1st Colonial Community Bank have quick pay?

Does 1st Colonial Community Bank accept rolled coins?

Will 1st Colonial Community Bank accept loose change?

Where is 1st Colonial Community Bank headquarters?

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