Bank of Wrightsville

Headquarters

156 N. Bradford St.
Wrightsville, GA 31096
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.25% 0.95% →
1-Year CD 0.65% 1.01% →
2-Year CD 0.85% 0.95% →
5-Year CD 1.35% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Bank of Wrightsville is an FDIC insured institution located in Wrightsville, GA. It was founded in 1897 and has approximately $0.06 billion in assets.

FDIC Insured Yes
FDIC Certificate # 5699
Date Established 1897
Assets $ 61.22 million
Loans $ 34.06 million
Deposits $ 54.95 million
Capital $ 5.91 million
 

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

Deposit Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.25% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.30% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.35% $10,000 $14,999 Learn More
3 Mo CD
0.35% $100,000 $199,999 Learn More
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.40% $100,000 $199,999 Learn More
12 Mo CD
0.65% $10,000 $14,999 Learn More
12 Mo CD
0.65% $100,000 $199,999 Learn More
24 Mo CD
0.85% $10,000 $14,999 Learn More
24 Mo CD
0.85% $100,000 $199,999 Learn More
36 Mo CD
1.05% $10,000 $14,999 Learn More
36 Mo CD
1.05% $100,000 $199,999 Learn More
48 Mo CD
1.25% $10,000 $14,999 Learn More
48 Mo CD
1.25% $100,000 $199,999 Learn More
60 Mo CD
1.35% $10,000 $14,999 Learn More
60 Mo CD
1.35% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.20% $1 $99 Learn MoreShow Less
Int Ckg
0.20% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Bank of Wrightsville

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
2.575% 2.500% 1.00 $2,468 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 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
See Table
2.240 %
$0 Learn More
More Info

Note to Bank of Wrightsville
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Branches

Bank of Wrightsville 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


Bank of Wrightsville Locations


Financial Details

Bank of Wrightsville Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Wrightsville. 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 Wrightsville U.S. Bank Average
3.03% 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, Bank of Wrightsville had $142,000 in non-current loans and $50,000 in owned real estate. To cover these potential losses it had $5,910,000 in equity and $418,000 in loans loss reserves. That gives it a Texas Ratio of 3.03%.

Return on Equity
Bank of Wrightsville U.S. Bank Average
11.56% 7.80%

Bank of Wrightsville has a Return on Equity of 11.56% 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
Bank of Wrightsville U.S. Bank Average
9.65% 12.68%

Bank of Wrightsville has a Capitalization of 9.65% 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.

Bank of Wrightsville Balance Sheet Analysis

As of March 31, 2020, Bank of Wrightsville had assets of $61,223,000, loans of $34,059,000, and deposits of $54,953,000. 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 $ 6.94 million
Interest-bearing balances $ 6.44 million
Total securities $ 17.04 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 34.06 million
Loan loss allowance $ 0.42 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.05 million
Goodwill and other intangibles N.A.
All other assets $ 2.74 million
     Total Assets $ 55.31 million
LIABILITIES
Total deposits $ 54.95 million
      Interest-bearing deposits $ 39.67 million
      Deposits held in domestic offices $ 54.95 million
      % insured (estimated) 87.04%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.36 million
      Total Liabilities $ 55.31 million
      Shareholders’ Equity $ 5.91 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 0.63 million
Total Interest Expense $ 0.08 million
Net interest income $ 0.55 million
Provision for loan and lease losses $ 0.02 million
Total non interest income $ 0.05 million
Total non interest expense $ 0.42 million
Pre-tax Net Operating Income $ 0.17 million

Bank Loan Profile?

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

Compared to other banks, Bank of Wrightsville’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 22.21
Multifamily
Mortgages
2.66
Credit Card Loans 0.00
Consumer Auto Loans 2.15
Small Business Loans 0.00
Construction and Development Loans 7.85
Commercial Real Estate 33.42
Commercial and Industrial Loans 14.56
Farm Loans 2.27

Frequently Asked Questions About Bank Of Wrightsville

Branches and Savings

Is Bank Of Wrightsville FDIC insured?

Yes. It is covered under FDIC Certificate #5699.

Why does Bank Of Wrightsville 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 Wrightsville CD rates not competitive?

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

Is Bank Of Wrightsville a commercial bank?

Yes

Where are Bank Of Wrightsville locations?

See branch locations nearby.

Is Bank Of Wrightsville open on Saturdays?

Is Bank Of Wrightsville open on Sundays?

What time does Bank Of Wrightsville open?

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Are Bank Of Wrightsville ATMs Open 24/7?

Do Bank Of Wrightsville ATMs accept cash deposits?

Can Bank Of Wrightsville customers use other ATMs?

Do Bank Of Wrightsville branches have notaries?

Will Bank Of Wrightsville notarize my document?

What address for Bank Of Wrightsville should I put for incoming ACH transfers?

Will the Bank Of Wrightsville branch print checks?

Do Bank Of Wrightsville checks expire?

Does Bank Of Wrightsville require US citizenship to open account?

Can Bank Of Wrightsville close my account?

Does Bank Of Wrightsville Report to credit bureaus?

Does Bank Of Wrightsville Use Equifax?

What is Bank Of Wrightsville's ACH Routing Number?

What is Bank Of Wrightsville's SWIFT code?

Products

Does Bank Of Wrightsville offer mortgages?

Compare mortgage rates here.

Does Bank Of Wrightsville offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank Of Wrightsville offer personal loans?

Compare personal loan rates here.

Does Bank Of Wrightsville offer student loans?

Will Bank Of Wrightsville cash a check?

Will Bank Of Wrightsville redeem a savings bond?

Does Bank Of Wrightsville cash savings bonds?

Will Bank Of Wrightsville cash money orders?

Can Bank Of Wrightsville issue a money order?

Does Bank Of Wrightsville do currency exchange?

Background on The Bank

Who owns Bank Of Wrightsville?

How long has Bank Of Wrightsville been around?

Can Bank Of Wrightsville transfer to other banks?

Does Bank Of Wrightsville have quick pay?

Does Bank Of Wrightsville accept rolled coins?

Will Bank Of Wrightsville accept loose change?

Where is Bank Of Wrightsville headquarters?

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