Bank of China

Headquarters

1045 Avenue Of The Americas
New York, NY 10018
See all branch locations →

Phone 212 935 3101

Notable Rates APY Vs.Others
Savings N.A. 1.65% →
1-Year CD N.A. 2.02% →
2-Year CD N.A. 2.87% →
5-Year CD N.A. 3.50% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Bank Information

Bank of China is an FDIC insured institution located in New York, NY. It was founded in 1912 and has approximately $74.21 billion in assets.

FDIC Insured Yes
FDIC Certificate # 33653
Date Established 1912
Assets $ 74.21 billion
Loans $ 15.95 billion
Deposits $ 24.07 billion
Capital N.A.
 

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

Deposit Rates - July 3, 2022

Your Current Location: Virginia, VA 20146

 

Loan Rates - July 3, 2022

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of China

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




Featured - Virginia 30 Year Fixed Mortgage Rates 2022

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AimLoan.com
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License#: MC-3098
5.354% 5.250%
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$2,935 fees
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NMLS ID: 399798
5.561% 5.490%
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5.189% 5.125%
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Quicken Loans NMLS #3030
NMLS ID: 3030
5.887% 5.750%
1.00 points
$3,750 fees
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Featured - Virginia Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
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Intro APR 4.240 %
After Intro: 5.250 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to Bank of China
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Branches

Bank of China 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:
Ashburn,Virginia


Bank of China Locations



Climate Initiatives

Bank of China is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Bank of China Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of China. 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
Bank of China U.S. Bank Average
INF% 3.95%

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, 2021, Bank of China had $282,234,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $0 in equity and $0 in loans loss reserves. That gives it a Texas Ratio of INF%.

Return on Equity
Bank of China U.S. Bank Average
0% 10.50%

Bank of China has a Return on Equity of 0% versus the BestCashCow average of 10.50%. 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
Bank of China U.S. Bank Average
0% 11.55%

Bank of China has a Capitalization of 0% versus the BestCashCow average of 11.55. 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.

Bank of China Balance Sheet Analysis

As of December 31, 2021, Bank of China had assets of $74,213,616,000, loans of $15,952,137,000, and deposits of $24,073,311,000. 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, 2021
ASSETS
Cash & Balances due from depository institutions $ 52.27 billion
Interest-bearing balances N.A.
Total securities $ 5.37 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 15.95 billion
Loan loss allowance N.A.
Trading account assets $ 72.25 million
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 542.14 million
     Total Assets $ 74.21 billion
LIABILITIES
Total deposits $ 24.07 billion
      Interest-bearing deposits N.A.
      Deposits held in domestic offices $ 21.89 billion
      % insured (estimated) 57.01%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities $ 20.88 million
Other borrowed funds $ 267.71 million
Subordinated debt N.A.
All other liabilities $ 49.85 billion
      Total Liabilities $ 74.21 billion
      Shareholders’ Equity N.A.

Summary Income Statement

December 31, 2021
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Bank of China’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in New York, Bank of China has a significantly higher percent of Commercial and Industrial 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 0.13
Multifamily
Mortgages
7.51
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 8.33
Commercial Real Estate 20.19
Commercial and Industrial Loans 40.19
Farm Loans 0.00

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