Bankers' Bank, Northeast

43 Western Boulevard, Suite 125
Glastonbury, CT 06033

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 34858
Date Established 1998
Assets $0.17 billion
Loans $0.04 billion
Deposits $0.14 billion
Capital $0.02 billion

Bankers' Bank, Northeast is an FDIC insured institution located in Glastonbury, CT. It was founded in 1998 and has approximately $0.17 billion in assets.

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

Compared to other banks in Connecticut, Bankers' Bank, Northeast has a significantly higher percent of Multifamily Mortgages, Commercial Real Estate 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 8.83
Multifamily
Mortgages
28.50
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 2.11
Construction and Development Loans 2.47
Commercial Real Estate 61.53
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bankers' Bank, Northeast

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 2018

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Payment
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License#: MC-2462
4.544% 4.500% 0.00 $1,305 $1,267 Learn More
AmeriSave Mortgage Corporation
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4.553% 4.500% 0.13 $1,550 $1,267 Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.320% 4.250% 0.38 $2,190 $1,230 Learn More
PenFed Credit Union
NMLS ID: 401822
4.459% 4.375% 0.00 $2,500 $1,249 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.490% $283.58 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.990% $238.42 Learn More

Note to Bankers' Bank, Northeast
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Branches

Bankers' Bank, Northeast 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


Bankers' Bank, Northeast Locations

Financial Details

Bankers' Bank, Northeast Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bankers' Bank, Northeast. 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
Bankers' Bank, Northeast U.S. Bank Average
0% 8.32%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 September 30, 2017, Bankers' Bank, Northeast had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $16,683,000 in equity and $574,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Bankers' Bank, Northeast U.S. Bank Average
2.62% 8.84%

Bankers' Bank, Northeast has a Return on Equity of 2.62% versus the BestCashCow average of 8.84%. 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
Bankers' Bank, Northeast U.S. Bank Average
9.98% 12.21%

Bankers' Bank, Northeast has a Capitalization of 9.98% versus the BestCashCow average of 12.21. 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.

Bankers' Bank, Northeast Balance Sheet Analysis

As of December 31, 2017, Bankers' Bank, Northeast had assets of $166,298,000, loans of $43,372,000, and deposits of $144,489,000. 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

ASSETS
Cash & Balances due from depository institutions $0.06 billion
Interest-bearing balances $0.05 billion
Total securities $0.06 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.04 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.01 billion
     Total Assets $0.15 billion
LIABILITIES
Total deposits $0.14 billion
      Interest-bearing deposits $0.00 billion
      Deposits held in domestic offices $0.14 billion
      % insured (estimated) 29.73%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.15 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $-0.00 billion
Total non interest income $0.01 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Bankers' Bank, Northeast

Branches and Savings

Is Bankers' Bank, Northeast FDIC insured?

Yes. It is covered under FDIC Certificate #34858.

Why does Bankers' Bank, Northeast pay such low interest on savings accounts?

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

Why are Bankers' Bank, Northeast CD rates not competitive?

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

Is Bankers' Bank, Northeast a commercial bank?

Yes

Where are Bankers' Bank, Northeast locations?

See branch locations nearby.

Is Bankers' Bank, Northeast open on Saturdays?

Is Bankers' Bank, Northeast open on Sundays?

What time does Bankers' Bank, Northeast open?

What time does Bankers' Bank, Northeast close?

Are Bankers' Bank, Northeast ATMs Open 24/7?

Do Bankers' Bank, Northeast ATMs accept cash deposits?

Can Bankers' Bank, Northeast customers use other ATMs?

Do Bankers' Bank, Northeast branches have notaries?

Will Bankers' Bank, Northeast notarize my document?

What address for Bankers' Bank, Northeast should I put for incoming ACH transfers?

Will the Bankers' Bank, Northeast branch print checks?

Do Bankers' Bank, Northeast checks expire?

Does Bankers' Bank, Northeast require US citizenship to open account?

Can Bankers' Bank, Northeast close my account?

Does Bankers' Bank, Northeast Report to credit bureaus?

Does Bankers' Bank, Northeast Use Equifax?

What is Bankers' Bank, Northeast's ACH Routing Number?

What is Bankers' Bank, Northeast's SWIFT code?

Products

Does Bankers' Bank, Northeast offer mortgages?

Compare mortgage rates here.

Does Bankers' Bank, Northeast offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bankers' Bank, Northeast offer personal loans?

Compare personal loan rates here.

Does Bankers' Bank, Northeast offer student loans?

Will Bankers' Bank, Northeast cash a check?

Will Bankers' Bank, Northeast redeem a savings bond?

Does Bankers' Bank, Northeast cash savings bonds?

Will Bankers' Bank, Northeast cash money orders?

Can Bankers' Bank, Northeast issue a money order?

Does Bankers' Bank, Northeast do currency exchange?

Background on The Bank

Who owns Bankers' Bank, Northeast?

How long has Bankers' Bank, Northeast been around?

Can Bankers' Bank, Northeast transfer to other banks?

Does Bankers' Bank, Northeast have quick pay?

Does Bankers' Bank, Northeast accept rolled coins?

Will Bankers' Bank, Northeast accept loose change?

Where is Bankers' Bank, Northeast headquarters?

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