Auburn Banking Company

Headquarters

218 W. Main Street
Auburn, KY 42206
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.40% →
1-Year CD 0.30% 1.15% →
2-Year CD 0.45% 1.26% →
5-Year CD 0.92% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Auburn Banking Company is an FDIC insured institution located in Auburn, KY. It was founded in 1929 and has approximately $0.09 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 284
Date Established 1929
Assets $ 87.08 million
Loans $ 55.57 million
Deposits $ 75.65 million
Capital $ 7.99 million
 

For a more detailed analysis of Auburn Banking Company's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - July 15, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.12% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $10,000 $14,999 Learn More
3 Mo CD
0.10% $100,000 $199,999 Learn More
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.20% $100,000 $199,999 Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
18 Mo CD
0.40% $10,000 $14,999 Learn More
18 Mo CD
0.40% $100,000 $199,999 Learn More
24 Mo CD
0.45% $10,000 $14,999 Learn More
24 Mo CD
0.45% $100,000 $199,999 Learn More
30 Mo CD
0.50% $10,000 $14,999 Learn More
30 Mo CD
0.50% $100,000 $199,999 Learn More
48 Mo CD
0.80% $10,000 $14,999 Learn More
48 Mo CD
0.80% $100,000 $199,999 Learn More
60 Mo CD
0.92% $10,000 $14,999 Learn More
60 Mo CD
0.92% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - July 15, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Auburn Banking Company

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
2.951% 2.875% 1.00 $2,445 $1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to Auburn Banking Company
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Branches

Auburn Banking Company 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


Auburn Banking Company Locations


Financial Details

Auburn Banking Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Auburn Banking Company. 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
Auburn Banking Company U.S. Bank Average
12.01% 6.94%

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 March 31, 2020, Auburn Banking Company had $1,018,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $7,985,000 in equity and $493,000 in loans loss reserves. That gives it a Texas Ratio of 12.01%.

Return on Equity
Auburn Banking Company U.S. Bank Average
16.02% 7.80%

Auburn Banking Company has a Return on Equity of 16.02% versus the BestCashCow average of 7.80%. 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
Auburn Banking Company U.S. Bank Average
9.17% 12.68%

Auburn Banking Company has a Capitalization of 9.17% versus the BestCashCow average of 12.68. 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.

Auburn Banking Company Balance Sheet Analysis

As of March 31, 2020, Auburn Banking Company had assets of $87,080,000, loans of $55,567,000, and deposits of $75,648,000. 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

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 2.14 million
Interest-bearing balances $ 0.15 million
Total securities $ 19.28 million
Federal funds sold and reverse repurchase $ 7.77 million
Net loans and leases $ 55.57 million
Loan loss allowance $ 0.49 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 $ 0.94 million
     Total Assets $ 79.10 million
LIABILITIES
Total deposits $ 75.65 million
      Interest-bearing deposits $ 52.45 million
      Deposits held in domestic offices $ 75.65 million
      % insured (estimated) 89.38%
Federal funds purchased and repurchase agreements $ 3.00 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.45 million
      Total Liabilities $ 79.10 million
      Shareholders’ Equity $ 7.99 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.99 million
Total Interest Expense $ 0.15 million
Net interest income $ 0.84 million
Provision for loan and lease losses $ 0.02 million
Total non interest income $ 0.11 million
Total non interest expense $ 0.62 million
Pre-tax Net Operating Income $ 0.31 million

Bank Loan Profile?

The top three loan types in Auburn Banking Company’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Kentucky, Auburn Banking Company has a significantly higher percent of Farm Loans on its balance sheet, potentially indicating a specialty in that lending area.

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 37.80
Multifamily
Mortgages
1.80
Credit Card Loans 0.00
Consumer Auto Loans 4.75
Small Business Loans 0.00
Construction and Development Loans 3.76
Commercial Real Estate 22.34
Commercial and Industrial Loans 7.39
Farm Loans 6.79

Frequently Asked Questions About Auburn Banking Company

Branches and Savings

Is Auburn Banking Company FDIC insured?

Yes. It is covered under FDIC Certificate #284.

Why does Auburn Banking Company pay such low interest on savings accounts?

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

Why are Auburn Banking Company CD rates not competitive?

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

Is Auburn Banking Company a commercial bank?

Yes

Where are Auburn Banking Company locations?

See branch locations nearby.

Is Auburn Banking Company open on Saturdays?

Is Auburn Banking Company open on Sundays?

What time does Auburn Banking Company open?

What time does Auburn Banking Company close?

Are Auburn Banking Company ATMs Open 24/7?

Do Auburn Banking Company ATMs accept cash deposits?

Can Auburn Banking Company customers use other ATMs?

Do Auburn Banking Company branches have notaries?

Will Auburn Banking Company notarize my document?

What address for Auburn Banking Company should I put for incoming ACH transfers?

Will the Auburn Banking Company branch print checks?

Do Auburn Banking Company checks expire?

Does Auburn Banking Company require US citizenship to open account?

Can Auburn Banking Company close my account?

Does Auburn Banking Company Report to credit bureaus?

Does Auburn Banking Company Use Equifax?

What is Auburn Banking Company's ACH Routing Number?

What is Auburn Banking Company's SWIFT code?

Products

Does Auburn Banking Company offer mortgages?

Compare mortgage rates here.

Does Auburn Banking Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Auburn Banking Company offer personal loans?

Compare personal loan rates here.

Does Auburn Banking Company offer student loans?

Will Auburn Banking Company cash a check?

Will Auburn Banking Company redeem a savings bond?

Does Auburn Banking Company cash savings bonds?

Will Auburn Banking Company cash money orders?

Can Auburn Banking Company issue a money order?

Does Auburn Banking Company do currency exchange?

Background on The Bank

Who owns Auburn Banking Company?

How long has Auburn Banking Company been around?

Can Auburn Banking Company transfer to other banks?

Does Auburn Banking Company have quick pay?

Does Auburn Banking Company accept rolled coins?

Will Auburn Banking Company accept loose change?

Where is Auburn Banking Company headquarters?

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