Bank of Cordell

808 North Glenn English
Cordell, OK 73632

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 9875
Date Established 1902
Assets $0.04 billion
Loans $0.04 billion
Deposits $0.04 billion
Capital $0.00 billion

Bank of Cordell is an FDIC insured institution located in Cordell, OK. It was founded in 1902 and has approximately $0.04 billion in assets.

For a more detailed analysis of Bank of Cordell'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 Cordell’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Oklahoma, Bank of Cordell has a significantly higher percent of 1-4 Family Residential Loans, Multifamily Mortgages 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 43.11
Multifamily
Mortgages
4.27
Credit Card Loans 0.00
Consumer Auto Loans 0.75
Small Business Loans 6.10
Construction and Development Loans 6.09
Commercial Real Estate 20.17
Commercial and Industrial Loans 13.71
Farm Loans 3.46

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.35% $1,000 - Learn MoreShow Less
6 Mo CD 10K
0.50% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.25% $100 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.75% $1,000 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.25% $2,500 $24,999 Learn MoreShow Less
MM 25K
0.35% $25,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.10% $500 $2,499 Learn MoreShow Less
Int Ckg 2.5K
0.20% $2,500 $24,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Cordell

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
Poli Mortgage Group Inc
NMLS ID: 1979
License#: MC-5501
3.875% 3.875% 0.00 $0 $1,176 Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 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 Cordell
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Branches

Bank of Cordell 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 Cordell Locations

Financial Details

Bank of Cordell Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Cordell. 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 Cordell U.S. Bank Average
5.41% 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 Cordell had $223,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $3,827,000 in equity and $292,000 in loans loss reserves. That gives it a Texas Ratio of 5.41%. 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 Cordell U.S. Bank Average
25.27% 8.58

Bank of Cordell has a Return on Equity of 25.27% 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 Cordell U.S. Bank Average
8.81% 12.11

Bank of Cordell has a Capitalization of 8.81% 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 Cordell Balance Sheet Analysis

As of June 30, 2017, Bank of Cordell had assets of $43,447,000, loans of $40,341,000, and deposits of $35,071,000. 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 Cordell

Branches and Savings

Is Bank of Cordell FDIC insured?

Yes. It is covered under FDIC Certificate #9875.

Why does Bank of Cordell 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 Cordell CD rates not competitive?

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

Is Bank of Cordell a commercial bank?

Yes

Where are Bank of Cordell locations?

See branch locations nearby.

Is Bank of Cordell open on Saturdays?

Is Bank of Cordell open on Sundays?

What time does Bank of Cordell open?

What time does Bank of Cordell close?

Are Bank of Cordell ATMs Open 24/7?

Do Bank of Cordell ATMs accept cash deposits?

Can Bank of Cordell customers use other ATMs?

Do Bank of Cordell branches have notaries?

Will Bank of Cordell notarize my document?

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

Will the Bank of Cordell branch print checks?

Do Bank of Cordell checks expire?

Does Bank of Cordell require US citizenship to open account?

Can Bank of Cordell close my account?

Does Bank of Cordell Report to credit bureaus?

Does Bank of Cordell Use Equifax?

What is Bank of Cordell's ACH Routing Number?

What is Bank of Cordell's SWIFT code?

Products

Does Bank of Cordell offer mortgages?

Compare mortgage rates here.

Does Bank of Cordell offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank of Cordell offer personal loans?

Compare personal loan rates here.

Does Bank of Cordell offer student loans?

Will Bank of Cordell cash a check?

Will Bank of Cordell redeem a savings bond?

Does Bank of Cordell cash savings bonds?

Will Bank of Cordell cash money orders?

Can Bank of Cordell issue a money order?

Does Bank of Cordell do currency exchange?

Background on The Bank

Who owns Bank of Cordell?

How long has Bank of Cordell been around?

Can Bank of Cordell transfer to other banks?

Does Bank of Cordell have quick pay?

Does Bank of Cordell accept rolled coins?

Will Bank of Cordell accept loose change?

Where is Bank of Cordell headquarters?

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