Bluegrass Community Bank

113 Smoky Way
Danville, KY 40422

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58848
Date Established 2009
Assets $0.06 billion
Loans $0.03 billion
Deposits $0.05 billion
Capital $0.01 billion

Bluegrass Community Bank is an FDIC insured institution located in Danville, KY. It was founded in 2009 and has approximately $0.06 billion in assets. Customers can open an account at one of its 2 branches.

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

Compared to other banks in Kentucky, Bluegrass Community Bank has a significantly higher percent of Small Business 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 49.77
Multifamily
Mortgages
0.32
Credit Card Loans 0.07
Consumer Auto Loans 1.30
Small Business Loans 26.98
Construction and Development Loans 0.55
Commercial Real Estate 26.98
Commercial and Industrial Loans 11.18
Farm Loans 2.60

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.20% $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
0.45% $500 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.40% $1,000 $9,999 Learn MoreShow Less
MM 10K
0.45% $10,000 $34,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.10% $1 $4,999 Learn MoreShow Less
Checking Rates APY MIN FEE
Kasasa Checking 1.51% $0 $0.00 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bluegrass 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
3.930% 3.875% 0.25 $1,787 $1,176 Learn More
CapWest Home Loans
NMLS ID: 6521
4.284% 4.250% 0.00 $997 $1,230 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 Bluegrass Community Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Bluegrass 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


Bluegrass Community Bank Locations

Financial Details

Bluegrass Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bluegrass 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
Bluegrass Community Bank U.S. Bank Average
16.65% 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, Bluegrass Community Bank had $851,000 in non-current loans and $243,000 in owned real estate. To cover these potential losses it had $5,842,000 in equity and $730,000 in loans loss reserves. That gives it a Texas Ratio of 16.65%.

Return on Equity
Bluegrass Community Bank U.S. Bank Average
-13.04% 8.84%

Bluegrass Community Bank has a Return on Equity of -13.04% 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
Bluegrass Community Bank U.S. Bank Average
9.89% 12.21%

Bluegrass Community Bank has a Capitalization of 9.89% 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.

Bluegrass Community Bank Balance Sheet Analysis

As of September 30, 2017, Bluegrass Community Bank had assets of $59,091,000, loans of $33,478,000, and deposits of $48,200,000. 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 Bluegrass Community Bank

Branches and Savings

Is Bluegrass Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58848.

Why does Bluegrass 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 Bluegrass Community Bank CD rates not competitive?

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

Is Bluegrass Community Bank a commercial bank?

Yes

Where are Bluegrass Community Bank locations?

See branch locations nearby.

Is Bluegrass Community Bank open on Saturdays?

Is Bluegrass Community Bank open on Sundays?

What time does Bluegrass Community Bank open?

What time does Bluegrass Community Bank close?

Are Bluegrass Community Bank ATMs Open 24/7?

Do Bluegrass Community Bank ATMs accept cash deposits?

Can Bluegrass Community Bank customers use other ATMs?

Do Bluegrass Community Bank branches have notaries?

Will Bluegrass Community Bank notarize my document?

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

Will the Bluegrass Community Bank branch print checks?

Do Bluegrass Community Bank checks expire?

Does Bluegrass Community Bank require US citizenship to open account?

Can Bluegrass Community Bank close my account?

Does Bluegrass Community Bank Report to credit bureaus?

Does Bluegrass Community Bank Use Equifax?

What is Bluegrass Community Bank's ACH Routing Number?

What is Bluegrass Community Bank's SWIFT code?

Products

Does Bluegrass Community Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Bluegrass Community Bank offer personal loans?

Compare personal loan rates here.

Does Bluegrass Community Bank offer student loans?

Will Bluegrass Community Bank cash a check?

Will Bluegrass Community Bank redeem a savings bond?

Does Bluegrass Community Bank cash savings bonds?

Will Bluegrass Community Bank cash money orders?

Can Bluegrass Community Bank issue a money order?

Does Bluegrass Community Bank do currency exchange?

Background on The Bank

Who owns Bluegrass Community Bank?

How long has Bluegrass Community Bank been around?

Can Bluegrass Community Bank transfer to other banks?

Does Bluegrass Community Bank have quick pay?

Does Bluegrass Community Bank accept rolled coins?

Will Bluegrass Community Bank accept loose change?

Where is Bluegrass Community Bank headquarters?

Customer Reviews for Bluegrass Community Bank

There are currently no comments for Bluegrass Community Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →