Benchmark Community Bank

100 South Broad Street
Kenbridge, VA 23944

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 20484
Date Established 1971
Assets $0.56 billion
Loans $0.46 billion
Deposits $0.49 billion
Capital $0.07 billion

Benchmark Community Bank is an FDIC insured institution located in Kenbridge, VA. It was founded in 1971 and has approximately $0.56 billion in assets. Customers can open an account at one of its 15 branches.

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

Compared to other banks in Virginia, Benchmark Community Bank 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 58.89
Multifamily
Mortgages
0.91
Credit Card Loans 0.18
Consumer Auto Loans 2.26
Small Business Loans 0.00
Construction and Development Loans 5.28
Commercial Real Estate 18.74
Commercial and Industrial Loans 6.97
Farm Loans 0.80

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.15% $500 - Learn MoreShow Less
6 Mo CD 10K
0.25% $500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.30% $500 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.25% $1 $24,999 Learn MoreShow Less
MM 25K
0.30% $25,000 $99,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.10% $500 - Learn MoreShow Less
Checking Rates APY MIN FEE
$uccess Checking 1.50% $0 $0.00 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Benchmark Community Bank

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

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
3.911% 3.875% 0.00 $1,194 $1,176 Learn More
PenFed Credit Union
NMLS ID: 401822
4.073% 3.990% 0.00 $2,500 $1,193 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.490% $224.24 Learn More
Flagstar Bank 5.240% $275.79 Learn More

Note to Benchmark Community Bank
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Branches

Benchmark Community Bank 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


Benchmark Community Bank Locations

Financial Details

Benchmark Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Benchmark Community Bank. 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
Benchmark Community Bank U.S. Bank Average
9.65% 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, Benchmark Community Bank had $3,344,000 in non-current loans and $3,707,000 in owned real estate. To cover these potential losses it had $68,233,000 in equity and $4,819,000 in loans loss reserves. That gives it a Texas Ratio of 9.65%.

Return on Equity
Benchmark Community Bank U.S. Bank Average
11.12% 8.84%

Benchmark Community Bank has a Return on Equity of 11.12% 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
Benchmark Community Bank U.S. Bank Average
12.12% 12.21%

Benchmark Community Bank has a Capitalization of 12.12% 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.

Benchmark Community Bank Balance Sheet Analysis

As of September 30, 2017, Benchmark Community Bank had assets of $563,071,000, loans of $461,771,000, and deposits of $492,292,000. 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 Benchmark Community Bank

Branches and Savings

Is Benchmark Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #20484.

Why does Benchmark Community Bank pay such low interest on savings accounts?

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

Why are Benchmark Community Bank CD rates not competitive?

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

Is Benchmark Community Bank a commercial bank?

Yes

Where are Benchmark Community Bank locations?

See branch locations nearby.

Is Benchmark Community Bank open on Saturdays?

Is Benchmark Community Bank open on Sundays?

What time does Benchmark Community Bank open?

What time does Benchmark Community Bank close?

Are Benchmark Community Bank ATMs Open 24/7?

Do Benchmark Community Bank ATMs accept cash deposits?

Can Benchmark Community Bank customers use other ATMs?

Do Benchmark Community Bank branches have notaries?

Will Benchmark Community Bank notarize my document?

What address for Benchmark Community Bank should I put for incoming ACH transfers?

Will the Benchmark Community Bank branch print checks?

Do Benchmark Community Bank checks expire?

Does Benchmark Community Bank require US citizenship to open account?

Can Benchmark Community Bank close my account?

Does Benchmark Community Bank Report to credit bureaus?

Does Benchmark Community Bank Use Equifax?

What is Benchmark Community Bank's ACH Routing Number?

What is Benchmark Community Bank's SWIFT code?

Products

Does Benchmark Community Bank offer mortgages?

Compare mortgage rates here.

Does Benchmark Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Benchmark Community Bank offer personal loans?

Compare personal loan rates here.

Does Benchmark Community Bank offer student loans?

Will Benchmark Community Bank cash a check?

Will Benchmark Community Bank redeem a savings bond?

Does Benchmark Community Bank cash savings bonds?

Will Benchmark Community Bank cash money orders?

Can Benchmark Community Bank issue a money order?

Does Benchmark Community Bank do currency exchange?

Background on The Bank

Who owns Benchmark Community Bank?

How long has Benchmark Community Bank been around?

Can Benchmark Community Bank transfer to other banks?

Does Benchmark Community Bank have quick pay?

Does Benchmark Community Bank accept rolled coins?

Will Benchmark Community Bank accept loose change?

Where is Benchmark Community Bank headquarters?

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