Bank of Coral Gables

2295 Galiano Street
Coral Gables, FL 33134

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58131
Date Established 2006
Assets $0.10 billion
Loans $0.06 billion
Deposits $0.10 billion
Capital $0.01 billion

Bank of Coral Gables is an FDIC insured institution located in Coral Gables, FL. It was founded in 2006 and has approximately $0.1 billion in assets.

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

Bank Loan Profile?

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

Compared to other banks in Florida, Bank of Coral Gables has a significantly higher percent of 1-4 Family Residential 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 53.57
Multifamily
Mortgages
6.12
Credit Card Loans 0.00
Consumer Auto Loans 0.03
Small Business Loans 18.99
Construction and Development Loans 0.00
Commercial Real Estate 31.84
Commercial and Industrial Loans 12.50
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Bank Of Coral Gables, but see these great savings and CD rates:


Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Coral Gables

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 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 Learn More
PenFed Credit Union
NMLS ID: 401822
3.957% 3.875% 0.00 $2,500 $1,176 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Bank of Coral Gables
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Branches

Bank of Coral Gables 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 Coral Gables Locations

Financial Details

Bank of Coral Gables Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Coral Gables. 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 Coral Gables U.S. Bank Average
7.44% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Bank of Coral Gables had $641,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $6,253,000 in equity and $2,368,000 in loans loss reserves. That gives it a Texas Ratio of 7.44%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Bank of Coral Gables U.S. Bank Average
-8.63% 8.58

Bank of Coral Gables has a Return on Equity of -8.63% versus the BestCashCow average of 8.58. 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 Coral Gables U.S. Bank Average
6.06% 12.11

Bank of Coral Gables has a Capitalization of 6.06% versus the BestCashCow average of 12.11. 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 Coral Gables Balance Sheet Analysis

As of September 30, 2014, Bank of Coral Gables had assets of $103,148,000, loans of $56,654,000, and deposits of $96,458,000. 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.

Frequently Asked Questions About Bank of Coral Gables

Branches and Savings

Is Bank of Coral Gables FDIC insured?

Yes. It is covered under FDIC Certificate #58131.

Why does Bank of Coral Gables pay such low interest on savings accounts?

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

Why are Bank of Coral Gables CD rates not competitive?

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

Is Bank of Coral Gables a commercial bank?

Yes

Where are Bank of Coral Gables locations?

See branch locations nearby.

Is Bank of Coral Gables open on Saturdays?

Is Bank of Coral Gables open on Sundays?

What time does Bank of Coral Gables open?

What time does Bank of Coral Gables close?

Are Bank of Coral Gables ATMs Open 24/7?

Do Bank of Coral Gables ATMs accept cash deposits?

Can Bank of Coral Gables customers use other ATMs?

Do Bank of Coral Gables branches have notaries?

Will Bank of Coral Gables notarize my document?

What address for Bank of Coral Gables should I put for incoming ACH transfers?

Will the Bank of Coral Gables branch print checks?

Do Bank of Coral Gables checks expire?

Does Bank of Coral Gables require US citizenship to open account?

Can Bank of Coral Gables close my account?

Does Bank of Coral Gables Report to credit bureaus?

Does Bank of Coral Gables Use Equifax?

What is Bank of Coral Gables's ACH Routing Number?

What is Bank of Coral Gables's SWIFT code?

Products

Does Bank of Coral Gables offer mortgages?

Compare mortgage rates here.

Does Bank of Coral Gables offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank of Coral Gables offer personal loans?

Compare personal loan rates here.

Does Bank of Coral Gables offer student loans?

Will Bank of Coral Gables cash a check?

Will Bank of Coral Gables redeem a savings bond?

Does Bank of Coral Gables cash savings bonds?

Will Bank of Coral Gables cash money orders?

Can Bank of Coral Gables issue a money order?

Does Bank of Coral Gables do currency exchange?

Background on The Bank

Who owns Bank of Coral Gables?

How long has Bank of Coral Gables been around?

Can Bank of Coral Gables transfer to other banks?

Does Bank of Coral Gables have quick pay?

Does Bank of Coral Gables accept rolled coins?

Will Bank of Coral Gables accept loose change?

Where is Bank of Coral Gables headquarters?

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